Category: Gold and Silver 2010
The analysis published under this category are as follows.Friday, July 23, 2010
Gold Market Manipulation, Swaps Signal the Roadmap Ahead, BIS The Super SIV Solution / Commodities / Gold and Silver 2010
The news rocked the global gold market when an almost obscure line item in the back of a 216 page document released by an equally obscure organization was recently unearthed. Thrust into the unwanted glare of the spotlight, the little publicized Bank of International Settlements (BIS) is discovered to have accepted 349 metric tons of gold in a $14B swap. Why? With whom? For what duration? How long has this been going on? This raises many questions and as usual with all $617T of murky unregulated swaps, we are given zero answers. It is none of our business!
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Friday, July 23, 2010
Gold Breaks $1200 as Europe's Secretive Bank-Stress Tests Fail to Reassure Investors / Commodities / Gold and Silver 2010
THE PRICE OF GOLD rose to a 5-session high above $1200 an ounce early Friday, showing a week-on-week gain for US, Euro and Japanese investors but holding unchanged against Sterling and Swiss Francs.
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Friday, July 23, 2010
How to Buy Gold / Commodities / Gold and Silver 2010
Peter Krauth writes: As an analyst and editor who specializes in the natural-resources sector, I spend a lot of time writing about gold, gold mining, and gold investing. Those are popular - and even emotional - topics with investors, which means that the columns, essays and advisories I write tend to generate a lot of comments and questions.
I think that's great. After all, an engaged investor tends to be a successful investor.
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Thursday, July 22, 2010
Gold and Silver Bubble? / Commodities / Gold and Silver 2010
In the first few days of July, the prices of gold and silver appeared to break a five-month upward trend by drawing back about five per cent from the record June peaks. Despite many similar corrections that have occurred frequently during the long bull market in precious metals, pundits nevertheless looked to draw bold and significant conclusions from the drop. But just as investors were getting comfortable with the leading explanation - that a looming double dip recession will prevent inflation and thereby dampen demand for precious metals - the markets for both metals stabilized.
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Thursday, July 22, 2010
The Coming Silver Price Supernova / Commodities / Gold and Silver 2010
“Few investment opportunities arise in our lifetime like silver. The stage is set for a silver price percentage gain of extraordinary magnitude! Forget the popular refrain of “Got Gold?” and make some additions to your portfolio to take advantage of the coming silver supernova!"
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Thursday, July 22, 2010
Gold Slips, Silver Gains with Stocks on Fed's Deflation Warning / Commodities / Gold and Silver 2010
THE PRICE OF GOLD slipped in early London trade on Thursday, while silver prices rose and Chinese stocks led world equities higher.
Long-dated government bonds ticked down following a raft of better-than-expected European data that also saw the Euro and Sterling both reverse Wednesday's drops vs. the Dollar.
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Thursday, July 22, 2010
Silver Prices Take Tea with 200dma / Commodities / Gold and Silver 2010
The summer doldrums have descended upon us as evidenced by the lackluster performance of the producers, however, this should be thought of as the bargain hunting season, especially for silver bugs. The broader market is looking a tad rocky to say the least which could also have a knock on effect for the silver producers. The UD dollar would now appear to have formed a new downward trend as we suggested just two days after it topped in early June.
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Wednesday, July 21, 2010
Gold Miners Upside Potential as Price Targets $1500 During 2011 / Commodities / Gold and Silver 2010
Fascinated to see gold soar in a period of low inflation, Beacon Rock Research Founder Mike Niehuser won't be surprised if it crosses the threshold into 2011 at above the $1,500 price point. Whether it levels off or reaches new heights, Mike explains where to seek investment opportunities in this exclusive interview with The Gold Report. According to him, companies with improving near-term production, pipeline projects to expand reserves and promising exploration prospects present better-than-average potential for returns. Because the market is pricing some pessimism into equities these days, he also sees good opportunities in companies with strong potential to increase fundamental value.
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Wednesday, July 21, 2010
Government Moves to Tax, Track All Gold Transactions / Commodities / Gold and Silver 2010
When Nancy Pelosi said we have to pass the bill before we can find out what’s in it, few had any idea that the Obama health care legislation would expand well beyond the health care industry.
According to an ABC news report, the new 1099 provisions in the health care bill, which will force business owners to declare all purchases over $600 on their yearly tax return, will also directly affect the sale of gold coins and bullion:
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Wednesday, July 21, 2010
Fresh Irony for Swiss Central-Bank Gold / Commodities / Gold and Silver 2010
The SNB can neither squash gold, nor (yet) destroy its own currency. But not for lack of trying...
GOOD JOB that gold bullion is just an inert lump of metal and holds no grudges.
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Wednesday, July 21, 2010
Gold Rallies Important Trendline Support, Silver and Copper Jump with Stocks / Commodities / Gold and Silver 2010
THE PRICE OF wholesale gold bullion bars jumped late-morning in London on Wednesday, reversing the week's 1.5% drop to new two-month lows, as the Euro and Japanese Yen both slipped against the Dollar.
Federal Reserve chairman Ben Bernanke was scheduled to speak before US lawmakers, with traders likely to watch closely for intimations of further quantitative easing ahead.
Wednesday, July 21, 2010
The Mysterious 380-Tonne Gold Swap and Genius Gold Bugs / Commodities / Gold and Silver 2010
Those of us who are now called “gold bugs” will soon be referred to as “genius rich persons who must be obeyed” because we bought gold, silver and oil while the rest of the world got laughably infatuated with paper assets, which top scholars will tell you shows why the word “infatuated” sounds sort of like “flatulence” in a secret-code kind of way, which (when one has successfully calibrated one’s Mogambo Secret Decode Ring (MSDR)) can be unscrambled to reveal the message, “You will be so rich that when you fart, you can ask ‘What is that smell?’ and all around you people who have been losing everything by not buying gold, silver and oil will answer in unison ‘It is truly the smell of sweet, sweet roses, second in delight only to the heavenly odor of your feet, oh, glorious genius rich person!’ because they know what will happen to them if they don’t.”
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Wednesday, July 21, 2010
Gold and Silver Capitalizing on Ignorance / Commodities / Gold and Silver 2010
We are not living under true free market capitalism right now. Free markets require free market money. Fifty percent of every transaction involves currency. You have to allow the market to pick what money is and what interest rates are (the price of money itself).
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Tuesday, July 20, 2010
Is Now a Good Time to Buy Gold? / Commodities / Gold and Silver 2010
Jeff Clark, Senior Editor, Casey’s Gold & Resource Report writes: While we’re convinced gold and gold stocks are destined for much higher levels, buying when prices are low can mean the difference between a double or triple and a ten-bagger... a week in Malibu vs. a week in Milan.
There’s no secret formula to buying low, and we aren’t holding the right hand of Midas, but there are periods when prices tend to be lower than others. And if those tendencies play out, it can give us the opportunity to snag a high-quality asset at a bargain price.
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Tuesday, July 20, 2010
Gold Daily and Weekly Charts; Silver Weekly Chart; Bernanke's Bluff; Endgame / Commodities / Gold and Silver 2010
The Federal Reserve and its friends in the European central banks, the IMF, and BIS are running a bluff against the developing nations and the rest of the world, and to their shame, the majority of their own people.
They will have to engage in wider scale monetization and 'quantitative easing,' which is a polite euphemism for the debasement of the currency, to cover the collapse of their expansion of the money supply, the misprision of felony, and the subornation of perjury, to facilitate the mass transfer of wealth from the public to their friends. This is why they must operate in the dark. Ponzi schemes must always expand, and always in secret.
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Tuesday, July 20, 2010
Is It Time to Buy Gold? / Commodities / Gold and Silver 2010
It would appear that the euphoria over gold has quickly diminished and many of gold's greatest proponents, who were calling for gold to go over $2,000 an ounce, appear to be disheartened and shell-shocked by the recent sharp downturn in gold.
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Tuesday, July 20, 2010
Gold, Silver & Oil "Stuck for Summer" as Stimulus vs. Austerity Debate Rages / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in wholesale dealing slipped towards new multi-week lows against all major currencies on Tuesday, dropping beneath $1178 an ounce for Dollar investors as European stock markets extended yesterday's fall.
G7 government bonds rose as the US Dollar held steady against the Japanese Yen, and rose to a 3-day high vs. the Euro and a 1-week high vs. the Pound.
Tuesday, July 20, 2010
When This Indicator Says to ‘Buy Gold,’ It’s Never Wrong / Commodities / Gold and Silver 2010
Peter Krauth writes: When I recently predicted that the long-term trends were in place to send gold to $5,000 an ounce, I was stunned by all the attention that my forecast received.
Granted, a move of that magnitude represents a dizzying long-term profit opportunity. But that's just it - it's a long-term profit opportunity.
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Tuesday, July 20, 2010
Has Gold Had Its Day? / Commodities / Gold and Silver 2010
Again this week, the minutes of the Fed's meeting gave cause for concern as they stated that the risks to the U.S. economy had moved to the downside. While this cannot be read as a forecast of the 'double-dip' recession, it moves it from possible to probable in our eyes. With the U.S. and developed world [excluding Asia] supposedly on the path to recovery, it has been very "L" shaped. It is at that sensitive stage where it needs people to believe that it will get better and become supportive through spending and buying again.
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Tuesday, July 20, 2010
Carpe Aurum, Seize the Gold / Commodities / Gold and Silver 2010
Just like the stock market, gold runs in cycles (all markets do because the humans that trade these markets go through periods of optimism and periods of pessimism).For the purposes of this discussion we will concentrate on the intermediate and daily cycle, after a quick explanation of the two larger degree cycles.
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