Category: Gold and Silver 2010
The analysis published under this category are as follows.Sunday, June 06, 2010
Silver and Contracting U.S. Money Supply Flash Gold Trend Warning / Commodities / Gold and Silver 2010
How many nations must experience a traumatic withdrawal from addiction to debt? Repeatedly, now again with Portugal, we have confirmation that one cannot borrow one’s way to prosperity. Keynesian economic dogma must be declared a complete failure. What Texas really needs to purge from its text books is all reference to Keynesian economic dogma, perhaps saving the financial souls of future generations.
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Sunday, June 06, 2010
Gold More Downside Looks Possible / Commodities / Gold and Silver 2010
We had a little bounce on Friday but is this a reversal? I don’t think so, at least not a major reversal. More downside still looks possible ahead.
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Sunday, June 06, 2010
Gold Price Will Explode Higher / Commodities / Gold and Silver 2010
Chris Blasi writes: If 1+1 still equals 2 then gold will explode. It’s really that simple! Once you tune out the white noise of the main stream media, recognize Keynesian economics for the claptrap it is, and come to terms with the painful reality that policymakers and financial elites navigate the ship of state to their benefit, not yours, the basic truth of this premise should resonate with you.
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Saturday, June 05, 2010
Gold's Fundamental Value / Commodities / Gold and Silver 2010
The estimate of gold's fundamental value reported in this article won't be much different from earlier estimates of mine or others. What's new here is a tad more insight into the assumptions that go into this estimate. Knowing this might alter one's confidence in the estimates, up or down. The perspective herein is definitely fundamental.
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Saturday, June 05, 2010
Gold Forecast to Hit $2,000 in Two Years / Commodities / Gold and Silver 2010
Sprott Asset Management's Charles Oliver not only makes some bold predictions in this exclusive interview with The Gold Report, he backs them up. "I expect gold to be at $2,000 roughly two years from today. . .if I'm wrong I'll shave the hair off my head," Oliver says. As an unwavering believer in the yellow metal, Oliver is well positioned as co-manager of several Sprott investment funds, some of which hold bullion. One of those—Sprott's Gold and Precious Minerals Fund—climbed 114% in 2009, and claimed the 2010 Lipper Fund Award for Best Fund Over One Year in the precious metals category. Oliver shares some of the secrets of his success in this one-on-one interview.
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Saturday, June 05, 2010
Genuine Checkmark Economic Recovery Spotted - Guess Where? / Commodities / Gold and Silver 2010
In response to Disputing the Alleged "Checkmark Recovery" reader Dave Bellamy informed me that I missed one.
Dave writes ...
Saturday, June 05, 2010
Gold Resilient While Equities Weak / Commodities / Gold and Silver 2010
Amidst the carnage, gold is acting well -- like gold should act. Every day, sometimes multiple times each day, investors get blindsided by negative news that clobbers stocks, but not gold, which appears to be under accumulation during every bout of weakness.
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Saturday, June 05, 2010
What Will Happen to Gold Supply if Demand is Very High? / Commodities / Gold and Silver 2010
Investment demand for gold has never been so high and it is likely to rise still further. Normally when a commodity is in high demand supply is accelerated and holders of that commodity often take profits, thereby increasing supply. Economic history tells us the same, “rising prices and high demand should result in rising supply. When it comes to gold all rules have to be re-written. That’s because gold is only part commodity.
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Saturday, June 05, 2010
Gold Bullion Performance Against Gold Stocks / Commodities / Gold and Silver 2010
Gold for Defense. Gold Stocks for...?
Gold stocks stopped beating gold in 2005. They've lagged it since 2007...
IF GOLD'S GOING UP, then gold-miner stocks will rise further and faster. Right?
Friday, June 04, 2010
Gold Marginally Lower as Equities Fall Sharply on Disappointing US Job Numbers / Commodities / Gold and Silver 2010
The US jobs number came in at 431,000, which was worse than the expected 500k, and saw safe haven buying bid the dollar, yen and gold prices higher. The jobs number raised concerns about the sustainability of the recovery especially as the employment numbers received an artificial boost from the hiring of thousands of temporary census workers.
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Friday, June 04, 2010
Gold Jumps on Euro Slump and Poor U.S. Jobs Data / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in spot wholesale dealing bounced from its lowest US-price in nine sessions on Friday lunchtime in London, rallying from a dip to $1200 as the Euro currency sank to a new four-year low vs. the Dollar.
New data showed US payrolls rising by 431,000 in May – fewer than expected.
Thursday, June 03, 2010
Gold Falls on Increased Risk Appetite / Commodities / Gold and Silver 2010
Gold is currently trading at $1,218/oz and in euro, GBP, CHF, and JPY terms, at €994/oz, £831/oz, CHF 1,405/oz, JPY 112,630/oz respectively. Gold fell slightly in US trading yesterday on renewed risk appetite prior to sideways trading in Asia and then falling mid morning in Europe from $1,223/oz to $1,215/oz.
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Thursday, June 03, 2010
Gold and Gold Stock Update / Commodities / Gold and Silver 2010
The following is a brief snippet of Wednesday’s 16-page update. Go here for more information on our service and a free 14-day no risk trial.
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Thursday, June 03, 2010
Silver to Break Through $20 per Ounce / Commodities / Gold and Silver 2010
Gold has stolen the limelight thanks to its bull run which started in the early 2000s. However, our attentions turn to another metal this week, as investors sentiment towards silver is gathering pace, and now is a make or break moment for the versatile metal.
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Thursday, June 03, 2010
Gold, The World’s True Reserve Currency / Commodities / Gold and Silver 2010
Since The Bretton Woods Agreement was signed in 1944, the U.S. dollar has been viewed as the undisputed world’s reserve currency. Unfortunately, however, investors the world over are now asking themselves if that should continue to be the case. They are instead on an ever increasing basis seeking to rely on a more stable form of money (gold) in which to park their global savings.
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Thursday, June 03, 2010
Gold and Silver Bull Market / Commodities / Gold and Silver 2010
Weiss Research Natural Resources Analyst Sean Brodrick expects the bull market for precious metals to run for "quite some time," with gold hitting $1,450 /oz. by year-end and silver at $25 not long after. In this exclusive interview with The Gold Report, Sean sees silver reasserting itself as a monetary, investment and industrial metal. South of the border, some of the Mexican miners have an "embarrassment of riches"—which have largely escaped the attention of Wall Street.
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Wednesday, June 02, 2010
Gold's Record-Breaking May Madness / Commodities / Gold and Silver 2010
May 2010 brought new closing highs for gold in all but two major currencies...
IT'S PRETTY RARE for gold to make a new monthly high for the year in May, let alone for all time.
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Wednesday, June 02, 2010
Gold ETFs, and Stocks, What to Pay When You're Selling / Commodities / Gold and Silver 2010
Jeff Clark, Senior Editor, Casey’s Gold & Resource Report writes: Proper planning with your finances is incomplete until you consider the endgame consequences of your investment decisions today. So, what are the tax consequences of selling gold, gold ETFs, and gold stocks?
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Wednesday, June 02, 2010
Gold "Should Continue to Rise" as World Stock Markets Fall / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in wholesale dealing held near two-week highs against the major reserve currencies in London trade on Wednesday, creeping 0.1% higher from yesterday morning's AM Gold Fix as world stock markets fell for the eighth time in 11 sessions.
US Treasury bonds eased back but German and UK debt rose again.
Wednesday, June 02, 2010
Gold Rises in Yen on Japanese PM Resignation; Premiums for Physical Bullion Rising Again / Commodities / Gold and Silver 2010
Gold rose again yesterday on safe haven demand due to falling stock markets after growing concerns about the impact of the oil spill in the Gulf of Mexico and continuing concerns about contagion in the eurozone. Gold initially rose in Asia before giving up those gains and falling as low as $1218/oz in early European trading.
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