Category: Gold and Silver 2010
The analysis published under this category are as follows.
Thursday, July 01, 2010
Asian Stampede Into Gold Safe Haven Hedge Against Government Debt Devaluations / Commodities / Gold and Silver 2010
By: Gary_Dorsch
What’s behind the Global Flight into Gold?
The value of Gold has been subject to intense debate for centuries. Nathan Mayer Rothschild was once the richest man in Britain and probably in the world. In 1840, his company, - NM Rothschild was appointed as the bullion broker to the Bank of England and went on to operate the Royal Mint Refinery in 1852. When asked what the value of the barbaric metal was worth, Nathan used to reply, “I only know of two men who really understand the true value of gold – an obscure clerk in the basement vault of the Banque de Paris and one of the directors of the Bank of England. Unfortunately, they disagree.”
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Thursday, July 01, 2010
Gold Falls with Dollar But "Way Under-Owned" as Euro LIBOR Rates Rise / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD fell hard alongside the Dollar early Thursday in London, dropping to $1235 for US investors but losing more than 2% vs. the Euro as the single currency jumped on the forex market.
"Gold was [already] weakened by sporadic selling from Chinese dealers," says one Hong Kong trader in a note.
Thursday, July 01, 2010
Gold 2010 YTD Up 13% in USD, 19% in GBP and 24% in EUR / Commodities / Gold and Silver 2010
By: GoldCore
Gold rose again yesterday in dollars and other currencies, especially sterling which fell against nearly all currencies (see chart below). Gold is currently trading at $1,244/oz and in Euro, GBP, CHF, and JPY terms, gold is trading at €1,008/oz, £830/oz, CHF 1,328/oz, JPY 109,574/oz respectively.
Thursday, July 01, 2010
Gold Heading for $2000+, Hunting for Gold Mining Stock Treasures / Commodities / Gold and Silver 2010
By: The_Gold_Report
Financial Commentator and Market Analyst Peter Grandich, who sees no end in sight to the "mother of all gold bull markets," expects the price of the yellow metal to climb past $2,000+ before the ride eventually comes to an end. But while gold has been riding high, its glitter isn't blinding Peter to the opportunities others may be overlooking. In this exclusive Gold Report interview, he shares some of his favorite gold juniors, as well as a mix of players in the cobalt, lithium, uranium and iron ore niches.
The Gold Report: Peter, you accurately forecast the market crash of 1987, the peaks of 2000 and 2007 and the bottom in 2009. Where is this volatile market headed now?
Wednesday, June 30, 2010
Gold Market Trend Review, The Bull Bear Debate / Commodities / Gold and Silver 2010
By: JD_Rosendahl
There’s a lot of buzz about whether the gold market continues higher, or whether it’s time for a correction. The short answer is both are still a viable option.
Below is the daily chart of GLD. It’s grinding higher within a narrowing band of resistance and support trend lines. It looks tired based on divergences on both the RSI and MACD.
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Wednesday, June 30, 2010
Is the Gold Bull Market Complete? / Commodities / Gold and Silver 2010
By: Ronald_Rosen
Is it conceivable, is it even possible that the gold bull market is complete, finished, and over for this cycle? This REPORT presents evidence that suggests we maintain a cautious attitude towards the gold complex. We know that gold bugs rant and rave about the price exceeding $3,000, $6,000, and now $10,000 an ounce. However, there may, at the very least, be somewhat of a delay and decline before the price of gold reaches those levels (if ever).
Wednesday, June 30, 2010
Gold Consolidates Near Record Highs Up 12% in Quarter; Silver Up 6% / Commodities / Gold and Silver 2010
By: GoldCore
Risk aversion led to falls in equity and commodity markets yesterday but gold again managed to eke out a 0.5% gain. The complacency of recent months is being challenged by a raft of negative data and by increasingly precarious fundamentals. Concerns about Chinese and global economic growth and about the European banking system and sovereign debt are leading to continuing diversification into gold.
Wednesday, June 30, 2010
Gold Adds 12% for Q2 as S&P Drops 11%, Forex "Echoes 2008" Meltdown / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF BOTH gold and silver bullion ticked higher from yesterday's sell-off early in London on Wednesday, rising as Asian stocks caught up with Wall Street's sharp losses but European shares rallied.
Recording an AM London Gold Fix of $1240.50 per ounce, gold stood almost 12% higher in Dollar terms for the second quarter of 2010.
Wednesday, June 30, 2010
Gold, Silver and Austerity Versus Growth / Commodities / Gold and Silver 2010
By: Bob_Kirtley
We will kick off with a look at gold as she dances and teases her way around the previous record highs in a ‘will she or will she not’ frame of mind, as analysts wait patiently for a sign to hit the button. Is that a buy button or a sell button you ask? Austerity versus Growth is now the order of the day.
Tuesday, June 29, 2010
Gold and the G20 Summit / Commodities / Gold and Silver 2010
By: Dr_Jeff_Lewis
World leaders met at the G20 in Toronto to discuss how they will work to get the global economy moving again. If you're new to the global economic forums like these, you might think that they're actually productive. However, if you've been around long enough to follow them for a few years, you'd realize that politicians from the top 20 economic countries show up just to lay out their idealistic plans that they'll never really complete.
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Tuesday, June 29, 2010
Gold Price Sizzles As the U.S. Economy Fizzles / Commodities / Gold and Silver 2010
By: Lorimer_Wilson
Chris Blasi writes: The straight-faced dissemination of transparently amateurish "official analysis" these days loudly proclaiming that an economic rebound is underway is so blatantly short on truth that it reveals a disturbing level of desperation to raise confidence.
Tuesday, June 29, 2010
Gold Plunges From Important Top as Global Stocks Slump / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in wholesale dealing fell further in London on Tuesday morning, extending its drop to almost 2.5% from yesterday's near-record high, as world stocks sank and commodity prices also dropped.
Government bonds rose, pushing 10-year US Treasury yields down towards 3.0%.
Tuesday, June 29, 2010
Short Squeeze in Coffee and Sugar Could Soon be Seen in Gold and Silver Market / Commodities / Gold and Silver 2010
By: GoldCore
Gold rose to nearly touch its record nominal high of $1,264/oz yesterday and reached a new record London PM fix at $1,261/oz at 1500 GMT. Gold then came under severe selling pressure despite no ostensible market moving data. Gold has traded sideways in Asian and early European trading despite stock markets falling on renewed risk aversion. European debt and funding concerns remain and are being added to by concerns about the economic recovery. China's stock market fell a very sharp 4% overnight on growth concerns and this has contributed to risk aversion.
Tuesday, June 29, 2010
Fractional Gold And Silver Accounts / Commodities / Gold and Silver 2010
By: Darryl_R_Schoon
Deceit becomes fraud only when you can’t deliver
Many of those interested in Austrian economics have been waiting for what Austrian economist Ludwig von Mises called the crack up boom. My advice: Don’t wait. The crack-up boom may already have happened. Get ready for what’s next.
Tuesday, June 29, 2010
Is Gold About To Peak? / Commodities / Gold and Silver 2010
By: David_Banister
Let me first start by saying I’ve been a long term “Gold Bull” since the fall of 2001, based both on economic factors as well as Elliott Wave patterns that I think are clear on Gold’s Bull rise. As we are now almost in a Fibonacci 21 months of Gold rally off the October 2008 bottom, I think this pattern is getting long in the tooth.
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Monday, June 28, 2010
Gold Price Dips! / Commodities / Gold and Silver 2010
By: Steve_Betts
"The greatest of all infidelities is the fear that the truth will be bad." --- Herbert Spencer - (1820-1903) British author, economist, philosopher
We might as well start the week out right and talk about gold. Today we see typical behavior with respect to the yellow metal as it grew gradually stronger in the morning as the spot price traded as high as 1,263.90. Then at 11 am EST someone came in and knocked the price down to 1,234.70 in a matter of thirty minutes or so. Right now at 12:35 am EST the spot price is trading at 1,242.50, and if things run true to form, the spot price will eventually crawl its way back up toward unchanged, or maybe even slightly higher. We saw similar reactions last week, it’s a commonplace occurrence going back more than a month, and investors find it upsetting. I know it upsets them because I read their e-mails! The problem is a matter of perception.
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Monday, June 28, 2010
Did the G-8 Push Us Closer to Gold Confiscation? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
The global economic recovery is not looking good. The G-8 meeting this weekend saw divisions that could lead [as the I.M.F. put it] to losses of trillions of dollars and millions of jobs. Now it is reported that Mr. Bernanke and his close allies at the board in Washington are worried by signs that the U.S. recovery is running out of steam. The E.C.R.I. 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.
Monday, June 28, 2010
Gold Near Record High as Eurozone Faces Heavy Re-Financing in July / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD was little changed overnight in Asia and early Monday in London trade, holding within 0.5% of last week's all-time Dollar high as Tokyo stocks slipped but European share crept higher.
The MSCI index of world equities lost 3.5% last week in Dollar terms. Spot gold prices dropped $1 per ounce to $1256.
Monday, June 28, 2010
Gold Investing, The Art Of Speculation / Commodities / Gold and Silver 2010
By: Howard_Katz
After the great gold bug victory of the 1970s, the economic establishment had been humiliated and disgraced. This was because none of them knew any economics. They all had gotten their fancy titles and positions by apologizing for the bankers’ privilege to create money. The bankers (and their associated vested interests) got rich. The American people got poor. (This is the first generation of Americans poorer than their parents.) And so it paid off for the bankers to hire a gang of charlatans, buy them fancy titles and infiltrate them into prestigious positions in academia so that they could use their prestige to defend the bankers’ privilege to create money.
Monday, June 28, 2010
Gulf Tropical Storm Threat Propels Crude Oil Prices Higher / Commodities / Gold and Silver 2010
By: OilPrice_Com
Crude oil prices surged ahead more than 3% on Friday as the first Atlantic tropical storm of the season began brewing in the Caribbean, raising concerns about disruption of production and refining in the Gulf region.Read full article... Read full article...