Category: Gold and Silver 2010
The analysis published under this category are as follows.
Tuesday, November 09, 2010
Is the Gold Standard Returning? / Commodities / Gold and Silver 2010
By: Jared_Levy
World Bank President Robert Zoellick, a former member of the U.S. Treasury, made his case for bringing back the gold standard. This statement in the Financial Times comes just ahead of the G20 meeting in South Korea.
Mr. Zoellick said, "the system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values."
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Tuesday, November 09, 2010
Gold "Incredible", Silver "Phenomenal", Short Sellers Squeezed / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF PHYSICAL GOLD continued to surge in London on Tuesday, taking out fresh all-time highs for US, Canadian and UK investors as European stock markets reversed yesterday's drop and the Euro rallied from a 1-week low on the currency market.
Commodity markets added up to 1.5%, while German Bunds rose but US and UK debt slipped, nudging the 10-year gilt yield back above 3.0%.
Tuesday, November 09, 2010
Gold Takes One More Step Towards Center Stage of the Global Monetary System! / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
Before the Gold Forecaster came into being, it had become clear that gold was headed back into the monetary system. Why, you may well ask? It was because of the "Washington Agreement". This agreement changed the tone of central banker's approach to gold. This Agreement inspired the start of Gold Forecaster. Since then the newsletter has forecast the very events that are now taking place and has been right on each of gold's moves in price and in re-acceptance over this last decade.
Tuesday, November 09, 2010
Rebirth of the Gold Standard / Commodities / Gold and Silver 2010
By: Midas_Letter
When I suggested in an editorial last year that a gold standard should be adopted, I was summarily dismissed in the most condescending fashion by economists and journalists alike who proclaimed that I didn’t understand economics or currencies or monetary history.
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Tuesday, November 09, 2010
Momentous Week for Gold, Did anybody miss the boat? / Commodities / Gold and Silver 2010
By: Miles_Banner
Last week saw a momentous week for gold. The much touted second round of quantitative easing (QE2) from the US Feds sent stock indices and precious metals higher.
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Tuesday, November 09, 2010
Quantifying What QE2 Means for Future Inflation, Gold and Silver Prices / Commodities / Gold and Silver 2010
By: Lorimer_Wilson
Chris Mack writes: Many investors are struggling to understand the ramifications of the recently announced quantitative easing (QE) plan. The bottom line is that QE2 has major future implications for inflation and the price of gold and silver.
Tuesday, November 09, 2010
Silver Prices Sparkle Once Again / Commodities / Gold and Silver 2010
By: Bob_Kirtley
Silver prices are just sparkling as this chart clearly shows with todays advance adding $1.02 for a gain of 3.82% - so put on a big smile on your face and walk around your place of toil and add a little cheer to everyones day, share your success with them, add to the feel good factor, it just might give them a lift too.
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Tuesday, November 09, 2010
The Currency War is Good For Gold / Commodities / Gold and Silver 2010
By: Peter_Schiff
As the world awaits another $600 billion flood from Bernanke's printing press, central bank governors from Brasília to Tokyo are preparing to respond in kind. This is the monetary equivalent of a nuclear war, except instead of radiation, bombs of inflation threaten to make the world economy uninhabitable for saving and productive enterprise.
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Monday, November 08, 2010
Regarding Gold and Silver - Meet Mr. Consistency / Commodities / Gold and Silver 2010
By: Peter_Degraaf
During the past 10 trading days gold has risen 5%, while silver rose 15%. During the past 72 trading days (going back to July 27/10), gold rose 20%, while silver added on 53%.
Monday, November 08, 2010
Gold Hits New Record High, Breaks €1000/Oz, on "Gold Standard" Call from World Bank / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF PHYSICAL gold bullion touched a new Dollar-record on Monday – just $1.25 shy of $1400 per ounce at the start of Asian trade – before easing back as global stock markets slipped and the US currency rose on the forex market.
Japanese, Swiss and Canadian investors saw the gold price continue to rise, however, while the Euro price broke above €1000 per ounce for the time in 14 weeks.
Monday, November 08, 2010
World Bank Chief Calls For Return to Modified Gold Standard / Commodities / Gold and Silver 2010
By: GoldCore
This morning, gold hit a new record nominal high in dollar terms at $1,398 an ounce and gold in euro terms surged to reach €1,000. A subsequent bounce in the dollar and profit taking saw gold fall from the record nominal high in dollar terms but it remains near €1,000/oz. There is increasing concern about Ireland and other periphery EU nations' worsening fiscal and economic situations and possible ramifications for the European Monetary Union and the euro. Silver has risen to over €19/oz (see Cross Currency Table below).
Monday, November 08, 2010
QE2 to Dilute the U.S. Dollar and Boost Gold and Silver / Commodities / Gold and Silver 2010
By: Bob_Kirtley
We kick off with a quick look at the chart for the USD which now looks set to test the ‘72′ level of support as billions of new dollars dilute it further. However, the indicators suggest that the USD is now oversold, so we could see a small bounce from this point. Any upward move we believe would be short lived as those holdings dollars at the moment must surely be considering their options and making plans to limit their exposure to any further devaluation of the dollar.
Monday, November 08, 2010
Gold Testing Resistance to Target $1500 / Commodities / Gold and Silver 2010
By: Rosanne_Lim
In a move to boost a “disappointingly slow” economic recovery, the Fed has finally announced that it will buy $600 billion of US government months over an eight month period to lower interest rates and encourage more borrowing. In addition to this announcement, the Federal Reserve also made it clear that it is ready to do more if growth isn’t achieved in the months ahead.
Monday, November 08, 2010
Silvers Bull Market From $4 to $26 is NOT Deflation / Commodities / Gold and Silver 2010
By: Howard_Katz
Below is a chart of the price of silver over the past 10 years showing the move from $4/oz. to $26/oz. We call to the attention of Ben Bernanke that silver has been going up. Prices going up are not “deflation.”
Monday, November 08, 2010
Silver Correction Proved to be Very Short Lived, Targets $36 to $40 / Commodities / Gold and Silver 2010
By: Clive_Maund
Silver's corrective phase turned out to be very short-lived - it only lasted a week before it turned higher again, and then blasted out to new highs on the inflation friendly news from the Fed last week. We can see all of this on the 6-month chart and also how silver is becoming very overbought once more as it approaches the top return line of a tentative parallel uptrend channel - tentative because, like gold, silver is in position to go into parabolic acceleration mode in which, of course, uptrend lines are rendered obsolete, at least temporarily. The current steep uptrend may even approach $30 before silver stops to consolidate/react.
Monday, November 08, 2010
Fed Crosses the Rubicon and Ignites Powerful Parabolic Gold Bull Market / Commodities / Gold and Silver 2010
By: Clive_Maund
The Fed crossed the Rubicon last week with its announcement of another massive tranche of QE (Quantitative Easing or in common parlance money printing), known as QE2. It is thus clear that what is now known as QE1, which was portrayed at the time as "one off rescue of the financial system" was nothing of the kind, but represented instead the bursting of a dam that can never be put back together again. The junkie has graduated to another level, from that of being merely a chronic debtor, unable to live within its means and sponging on the rest of the world, to selling its own future down the river in order to maintain its voracious consumption habits in the present.
Sunday, November 07, 2010
Gold Price Break Out or Fake Out? / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
In a now-infamous 2002 speech, Ben Bernanke said:
(…) The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost… Under a paper-money system, a determined government can always generate higher spending and hence positive inflation…
Sunday, November 07, 2010
Gold Nudging $1400, $1600 Not Far Away, $2,600 is Not Impossible / Commodities / Gold and Silver 2010
By: Merv_Burak
We’re just nudging up against the $1400 mark, can $1600 be far away? That still seems to be the most talked about target although $2600 is not all that impossible. Let’s see where we are at the present time, technically speaking.
Sunday, November 07, 2010
The Charts Say It’s Time For Gold To Pullback / Commodities / Gold and Silver 2010
By: David_Grandey
Below are the charts of GLD and the USD and their correlation says to expect a pullback to at least relieve the overbought nature in the indexes and gold as well.
Saturday, November 06, 2010
Gold and Metal Miners Takeovers Talk / Commodities / Gold and Silver 2010
By: The_Gold_Report
Encompass Funds Portfolio Manager Marshall Berol and Analyst Kevin Puil spend a lot of time examining junior mining companies for investment opportunities and they're pretty good at it. The Encompass Fund was up 139% in 2009 and it's up another 21% so far this year. In this exclusive interview with The Gold Report, we talk to Marshall and Kevin about how they choose junior gold stocks and whether or not the growing number of takeovers is influencing their decisions.