Category: Gold and Silver 2010
The analysis published under this category are as follows.Thursday, November 11, 2010
Fed QE2 $600 Billion of Money Printing Over the Next Eight Months / Commodities / Gold and Silver 2010
Crossing the Rubicon into the World of QE - “Imagination is more important than knowledge,” the brilliant Albert Einstein used to say. Imagine for just a moment that the Dow Jones Industrials has become a key instrument of national economic policy, and that by “actively managing” its direction, the Federal Reserve could impact the wealth of tens of millions of US households, and by extension, influence consumer confidence and spending. By ramping up the money supply, and slashing interest rates to zero percent, in order to inflate stock market bubbles, the Fed could in theory, fuel an economic rebound.
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Thursday, November 11, 2010
Gold, The Market's Global Currency / Commodities / Gold and Silver 2010
World Bank president Robert Zoellick has stirred up a hornet's nest with his recent call for a return to a gold anchor[1] in the global financial system. The usual suspects immediately denounced him, with Keynesian Brad DeLong anointing Zoellick the "Stupidest Man Alive."
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Thursday, November 11, 2010
Gold Jumps Back Above $1400, as Contagion Hits Eurozone Bonds / Commodities / Gold and Silver 2010
THE PRICE OF GOLD gave back an earlier rise in London trade on Thursday morning, still recording its third-highest ever Gold Fix – and the fourth Fix this week above $1400 an ounce – as Asian stock markets closed marginally higher but European share markets stalled.
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Thursday, November 11, 2010
Invest in Gold with Mining ETFs / Commodities / Gold and Silver 2010
Do you like to dig? I have to admit, it’s not my favorite thing. But if I knew there was gold in the ground I might think differently.
In fact, there is gold in the ground — and plenty of other valuable minerals, too. The hardest part is finding it. However, the digging gets a lot easier when you know where to aim.
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Thursday, November 11, 2010
SILVER Junior Miners May Lead To Fortune / Commodities / Gold and Silver 2010
"There is a tide in the affairs of men, which taken at the flood, leads on to fortune." I have always loved that quote from Shakespeare's "Julius Caesar". Every trader and investor should know it by heart.Are we a float on a full sea? What vessel will serve us best?
Thursday, November 11, 2010
Going Back to a Gold Standard? / Commodities / Gold and Silver 2010
Three reasons you need your own private Gold Standard, rather than waiting on "sound money" from government...
DID GOLD's first foray over $1,400 mean we're going back to a Gold Standard?
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Thursday, November 11, 2010
Gold and Financial Markets Inflation Die Was Cast Before the Elections / Commodities / Gold and Silver 2010
Regardless of who's controlling the U.S. Congress, Sprott Asset Management Chief Investment Strategist John Embry holds out little hope for economic happiness in the short run. As he tells The Gold Report in this exclusive interview, "It's consequence time" and "any opportunity to have a pleasant outcome. . .in the relatively near term is long gone." John's view of equity markets is equally dim as he foresees the U.S. plowing deeper into quantitative easing to postpone—and maybe even exacerbate—the inevitable. An exception, at least for the time being, may be in senior gold stocks, which he says, "have seldom been cheaper in relation to the price of gold."
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Thursday, November 11, 2010
Gold and Silver Become Polarizing / Commodities / Gold and Silver 2010
To many in the banking and investing community, precious metals were the red headed stepchild. While they were easily accessible and extraordinarily undervalued, no one seemed to pay either gold or silver much attention. Until recently, when both have forged new highs, the opinions on each grow distant. The polarization from such “authorities” on the markets is overwhelming.
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Thursday, November 11, 2010
Fed Beneficiaries Getting Soaked on Gold Futures Options / Commodities / Gold and Silver 2010
The largest beneficiaries of rampant quantitative easing and destructive monetary policy are those who can borrow at the most wholesale level of the financial system. Those who have access to the discount windows and emergency windows are doing quite fine, borrowing money and dumping it on the markets to benefit from record low rates and quickly growing inflation levels.
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Wednesday, November 10, 2010
Gold Consolidates in Cautious Trade Ahead of the G20 Summit / Commodities / Gold and Silver 2010
Caution has marked trading in most markets today at the start of the G20 summit in Seoul. Gold is marginally lower in dollar terms but is higher in euro terms due to sovereign debt issues in Ireland and other periphery eurozone states. Gold is also higher in yen which was have fallen sharply today prior to the G20 summit.
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Wednesday, November 10, 2010
Silver Margin Hike Underscores Need For Bullion Ownership / Commodities / Gold and Silver 2010
On November 9th the Chicago Mercantile Exchange said it will raise its silver futures trading margins by 30 percent to $6,500 an ounce from $5,000 an ounce effective November 10th setting off a rapid sell-off in the metal. No other margin requirement on any other metals was changed.
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Wednesday, November 10, 2010
Silver (2008) Took the Stairs to $21, Silver (2010) Takes the Elevator to $29 / Commodities / Gold and Silver 2010
Headline today November 9, 2010: Gold and Silver Soar amid New Debt Woes and Gold Standard Talk
The last time the precious metals were in the news was March of 2008. The Future of Silver, According to Adam Smith (1723-1790) was my attempt at humor after I began my lucrative Internet writing career.
Wednesday, November 10, 2010
Silver Explodes, Gold Surges Higher on Fed Money Printing Firestorm / Commodities / Gold and Silver 2010
The precious metals markets are going wild even as I write these words.
This is precisely what we recommended investing in with our online presentation that so many investors are rushing to view right now.
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Wednesday, November 10, 2010
Gold Finds Bargain Buyers in China, Silver Rallies After 10% Plunge on US Margin-Hike / Commodities / Gold and Silver 2010
THE PRICE OF GOLD AND SILVER recovered early in London on Wednesday following sharp overnight falls sparked by a 30% hike in the margin down-payments required for leveraged traders in US silver futures contracts.
Major-economy government bonds slipped further after the Bank of England forecast above-target inflation throughout 2011, and losses on Irish government bonds pushed 10-year yields to a fresh post-Euro record of 8%.
Wednesday, November 10, 2010
Silver Futures Market Corruption, Open Letter to JPMorgan and HSBC / Commodities / Gold and Silver 2010
Ted Butler, famous silver analyst and the guy who kept up the pressure about the corruption in the silver futures market for the last 15 years, is in the InvestmentRarities.com newsletter recently talking about silver, and notes dryly that "world silver inventories are at their lowest point in 200 years."
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Wednesday, November 10, 2010
How to Trade Gold Options Using Calendar Spreads / Commodities / Gold and Silver 2010
Most market participants are aware that precious metals have been on fire rocketing higher only to consolidate briefly, gap higher, and leave slowly reacting traders in the dust. The parabolic moves in gold and silver have many potential connotations, but great traders respect price action as the final arbiter and adapt. Since the financial crisis began, many traders have evolved into reactionary lemmings.
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Wednesday, November 10, 2010
Gold Standard Manifesto / Commodities / Gold and Silver 2010
A great quote from William Osler typifies the evolution of our current monetary system. He said: “The philosophies of one age have become the absurdities of the next, and the foolishness of yesterday has become the wisdom of tomorrow.”
Decades and centuries ago, no one would have done without a hard money standard. The founders wrote in the Constitution that only Gold and Silver could be legal tender. Today our fiat monetary system is firmly in place. Although it has wrecked a once healthy economy, you’d be considered a pagan in mainstream academia if you wanted to abolish it in favor of the gold standard.
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Wednesday, November 10, 2010
Silver SLV and SLW, What A Climax Run Looks Like / Commodities / Gold and Silver 2010
Does everyone know what a capitulation sell off looks like? That’s where you get those wicked spikes down AFTER you’ve been falling for a period of time. Know what the flip side to that is? CLIMAX RUNS. We bring this up because if you look at SLV and SLW that is exactly what you are seeing.
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Tuesday, November 09, 2010
Gold Expected to Peak at Around $1500 / Commodities / Gold and Silver 2010
Regular readers of my articles on Gold over the past few years know that I have a theory on this Gold Bull market. In summary, it’s that we are in a 13 Fibonacci year uptrend that started in 2001, and now we are in the final 4 years of that uptrend. It is in this last 5 year window that I theorized started in August of 2009 that investors really get involved. As the crowd comes in, prices push higher and higher, and then more and more investors come in and so forth.
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Tuesday, November 09, 2010
Fed Creates Parabolic Move In Gold And Silver, Climax Top? / Commodities / Gold and Silver 2010
After trading through both bull and bear markets and witnessing hysterias and panics I have learned that whatever method you use to buy stocks, you must have a discipline to sell. When I buy I look for support levels and oversold conditions so that a reversal could bring about a major gain and the downside risk is calculated. As I wrote in my buy signal in gold in late July, the conditions were ideal for a major move to the upside. Now the conditions are reaching the extreme opposite, it is overbought and surpassing measured moves and upper resistance lines which mark prior turning points.Read full article... Read full article...