Category: Gold and Silver 2010
The analysis published under this category are as follows.
Tuesday, July 06, 2010
IMF - BIS Engaged in Gold Swaps to About 380 Tonnes; Organized Looting of Sovereign Wealth / Commodities / Gold and Silver 2010
By: Jesse
These swaps have significance because of the speculation that the public sale of gold by the IMF, which was secretive and selective, was not a legitimate sale to raise funds, but a means of bailing out the bullion banks who had taken gold previously on lease and sold it into the public markets, but were unble to return it because of the tightness of supply in the physical bullion market, increasingly disconnected from the NY based paper market.
Tuesday, July 06, 2010
Gold and Gold Stocks are the Last Hope for Most / Commodities / Gold and Silver 2010
By: Jordan_Roy_Byrne
Tell this to a baby boomer or a middle aged person and they would be quite skeptical. Their neighborhood financial advisor or planner doesn’t advocate Gold. It is too dangerous. It could drop to $500. Gold stocks? Hell no! After failing to get you out of stocks not once but twice in the last ten years, your advisor tells you its time to play it safe. You need to save more.
Tuesday, July 06, 2010
More Downside for Gold GLD ETF / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
The SPDR Gold Trust (GLD) is down about 6% from its June high at 123.50/52, and down about 2% from its violation of key near-term support at 119.03. As we noted to subscribers late last Thursday, a break of that support level will argue that the GLD is entering a long liquidation "event."
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Tuesday, July 06, 2010
Combating Annuities With Gold, Silver and Oil / Commodities / Gold and Silver 2010
By: Richard_Daughty
People are always writing me and asking questions, which can usually be divided into one of two categories. The first category is the one that I call "Is there something wrong with you that you sound/look/appear so stupid/ugly/weird?" (Answer: "Probably"), and the other, smaller category is the one I call "Other."
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Tuesday, July 06, 2010
Gold Adds "Anti-Commodity" to "Anti-Equity" Sticker as Strong Euro Link Returns / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF gold bullion in wholesale dealing drifted lower as US dealers returned from the Independence Day holiday on Tuesday, trading below $1206 an ounce as European rose sharply, recovering one-third of last week's 5% drop.
Government bonds eased back and silver bullion was little changed above $17.80 an ounce, but crude oil crept back above $73 per barrel while the broad CRB commodities index added 0.5%.
Tuesday, July 06, 2010
Gold Tentatively Consolidates Above $1,200/oz on Asian Demand / Commodities / Gold and Silver 2010
By: GoldCore
Increased risk appetite has seen equities in Asia and Europe rally strongly and gold appears to be tentatively attempting to consolidate above support at $1,200/oz. Resistance is at $1,250/oz and the record nominal high of $1,265/oz. Below $1,200/oz gold could fall to support at $1,175/oz and $1,140/oz but gold would be well supported at these levels which would likely see significant physical demand recommence. A fall to such low levels would likely be a paper driven, futures market sell off as physical demand is already being seen at these levels with demand noted in China and especially from Indonesia and Thailand.
Tuesday, July 06, 2010
So Little Gold, Why So Cheap? / Commodities / Gold and Silver 2010
By: Arnold_Bock
Gold, the precious metal most often thought of as money, is in short supply. In fact, the existing above ground horde is so small one has to question whether it is realistic to think of it as having a serious role as money in the future. The fact is there just isn’t enough of it and - once institutional and private investors realize that the supply is so disarmingly and alarmingly insignificant - prices are likely to go parabolic.
Monday, July 05, 2010
Gold Sits Tight as US and UK Stocks Form "Death Cross" / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in wholesale markets held fast to $1210 an ounce in London on Monday, moving in a tighter range than even Asian and European stocks in what one dealer called "totally lackluster" trade.
European government bonds ticked higher as both Sterling and the single Euro currency edged back, nudging 10-year German bund yields down to 2.55%.
Monday, July 05, 2010
Gold Supported by Spectre of Double Dip Recession / Commodities / Gold and Silver 2010
By: GoldCore
Gold has had a quite start to the week trading in a tight range between $1,210/oz and $1,215/oz so far in Asian and early European trading. With the US out for the Independence Day holiday it looks set to be a quite day although low volumes could result in volatility. A close below $1,200/oz could see gold fall to support at $1.185/oz and strong support at $1,165/oz.
Monday, July 05, 2010
What’s Next For Gold? / Commodities / Gold and Silver 2010
By: Howard_Katz
This past week was a scary time for gold bugs. But do not be afraid. I am going to look into the future and tell you what is next in the gold market. Last week we studied the art of speculation and concluded that speculation was a zero-sum game. For every dollar gained, there is a dollar lost. It is like the neighborhood poker game. At the end of the evening, the players as a group have the exact same amount of money they had at the beginning. However, this is not true of each individual player. The smarter players, who can foresee the future, will win. The other players will lose.
Sunday, July 04, 2010
Gold Collapsing Right Before Everyone's Eyes / Commodities / Gold and Silver 2010
By: Merv_Burak
Feet on the stool, beer in hand I’m TV watching the Queen in Ottawa (it’s Canada’s birthday after all) how was I to know that gold was collapsing right before everyone’s eyes. Is this the end of the world as we know it? Not yet, Obama still has more work to do.
Saturday, July 03, 2010
Gold GLD ETF Time To Buy? / Commodities / Gold and Silver 2010
By: Guy_Lerner
On Thursday, the SPDR Gold Trust (symbol: GLD), which is the ETF that tracks the performance of gold, saw its worst one day performance since February, 2010. No one would deny that gold is in a bull market, but does this sell off represent a buying opportunity?
Friday, July 02, 2010
Gold Cheap At $1230, Why Wait Untill it Hits $10,000? / Commodities / Gold and Silver 2010
By: The_Gold_Report
Economic rebound? Not with 22% unemployment. Banking reform legislation? Loaded with pork. Bankrupt nations? Rock-solid, lead-pipe cinch. "We need to start all over," says the inimitable Bob Moriarty in this exclusive Gold Report interview. "And in the end, we will." Meanwhile, he's keeping an eye out for the few-and-far-between juniors that manage to get things exactly right.
The Gold Report: Just in time for President Obama to meet with the leaders of the G20 nations in Vancouver over the last weekend in June, Congress finalized a sweeping bill to overhaul the banking system. These reforms are touted as the most ambitious rewrite of financials since the Great Depression. What impact will this legislation have on protecting us against another financial meltdown similar to 2008?
Friday, July 02, 2010
Gold, Silver, Precious Metals Market Risk Reward Ratio / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
At times daily volatility can cause one to lose the big picture from sight - focusing on trees is ok as far as one doesn't forget about the whole forest. This universal approach can be applied today since we have just seen a massive decline in the prices of gold, silver, and mining stocks. In this case, we would like to provide you with our thoughts on something that might influence the precious metals sector (not every part thereof to the same extent) - the head-and-shoulders formation on the general stock market (charts courtesy of http://stockcharts.com.)
Friday, July 02, 2010
Gold Bounces from "Surprise" Euro-Gold Liquidation, Physical Buying "Strong" Near $1200 / Commodities / Gold and Silver 2010
By: Adrian_Ash
WHOLESALE GOLD rallied in early London dealing on Friday, rising 1.2% from yesterday's sharp drop to 6-week lows and holding steady as new US data showed 125,000 jobs being lost in May, with unemployment standing just shy of 1-in-10.
Friday, July 02, 2010
Gold Suffers Sharp Correction on Fund Liquidation / Commodities / Gold and Silver 2010
By: GoldCore
Gold has bounced after yesterday's 3% fall to $1,206.70 an ounce with traders deeming the sell off overdone and bargain hunters entering the fray. Fund liquidation of equities, commodities and gold amid low volume, thin trading ahead of the holiday weekend contributed to the extent of the sell off yesterday. They will likely be a factor again today as markets await the important nonfarm payrolls data. Analysts expect the employment numbers to disappoint again today and this could lead to safe haven demand as it has done on recent poor employment reports. However, should a poor non farm payroll number lead to a further sell off in equity markets than gold's short term correlation with equities could be in evidence again.
Friday, July 02, 2010
Forget Fiat Currencies, Stabilize Your Investment Portfolio With Gold / Commodities / Gold and Silver 2010
By: LewRockwell
Richard C.B. Johnsson writes: It’s a well-known fact that modern international investing involves a fair amount of volatility and risk. But it seems totally unknown that a lot of this volatility and risk comes from the unit-of-account you are using to record and monitor your investments. You could very well avoid this, thereby reducing volatility and risk. Here’s a basic do-it-yourself-guide.
Friday, July 02, 2010
Gold Quarterly Bullish Trend / Commodities / Gold and Silver 2010
By: INO
The gold market has had a lot of publicity and been under intense scrutiny lately as investors, both conservative (Glenn Beck) and liberal (George Soros), are weighing in and recommending a position in gold.
Friday, July 02, 2010
Double Dip Recession Consquences for Gold and Silver / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
Mr Bernanke and his close allies at the Fed in Washington are worried by signs that the U.S. recovery is running out of steam. The ECRI leading indicator published by the Economic Cycle Research Institute has collapsed to a 45-week low of -5.7 in the most precipitous slide for half a century. Such a reading typically portends contraction within three months or so. Today we saw the sad employment and housing figures appearing to add to this picture.
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Thursday, July 01, 2010
Central Banks Pushing Up the Gold Price / Commodities / Gold and Silver 2010
By: David_Galland
By David Galland, Managing Director, Casey Research writes: For some years now, Doug Casey has gone on record with his view that we’ll know the gold bull market is really picking up steam when central banks stop selling their reserves of gold and begin buying the stuff.