Category: Gold and Silver 2011
The analysis published under this category are as follows.Thursday, December 01, 2011
Is Greed Good for Gold? / Commodities / Gold and Silver 2011
Amid a chorus of gold mining pundits yelling for investors to snap up cheap gold equities is Ian McAvity, a 50-year veteran of the markets, telling investors to wait. In this exclusive interview with The Gold Report, McAvity, who produces Deliberations on World Markets, explains why historical cycles lead him to believe the market is in for some new lows and what that means for the gold price and the juniors seeking out that shiny metal.
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Thursday, December 01, 2011
How to Own Precious Metals Warrants / Commodities / Gold and Silver 2011
With all the interest in physical gold, silver and other commodities these days, and the large/mid-cap companies who mine the metals and the juniors who are exploring for them, it begs the question: “Why is no one writing about the merits of investing in the long-term warrants associated with a few of those companies?” Merits? Absolutely!
The proprietary Gold and Silver Warrants Index (GSWI) returned 92% and generated a 60% leverage of dollars deployed in 2010. Now that I have told you why you should consider investing in warrants and no doubt have your undivided attention read on as I outline:
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Wednesday, November 30, 2011
Gold Jumps after Central Banks Launch Liquidity Measures / Commodities / Gold and Silver 2011
U.S.DOLLAR gold bullion prices leapt 1.7% in 30 minutes Wednesday lunchtime in London – hitting $1744 an ounce – following an announcement of coordinated action from central banks worldwide aimed at increasing Dollar liquidity in the global financial system.
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank will all lower the price on existing Dollar liquidity swap arrangements by 50 basis points (0.5 percentage points), effective Monday.
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Wednesday, November 30, 2011
Why Politicians Are Good for Gold / Commodities / Gold and Silver 2011
After a long and lengthening political debacle on both sides of the Atlantic, the developed world remains embedded in a crisis that the political systems are unable, or unwilling, to resolve despite all the hopeful talks. The leaders of the developed world are capable, competent men who have what it takes to surmount the debt crises that are consuming confidence day by day. So why don't they?
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Wednesday, November 30, 2011
John Paulson’s Fund Obscures Gold and Silver ETF Flow Data / Commodities / Gold and Silver 2011
Absent the weekly COT report for gold and silver, the array of exchange-traded funds available on the market acts as an excellent source of money flow data for both silver and gold. While the media tends to focus on total assets, exchange-traded funds also release the quantity of gold and silver attributed to individual exchange-traded funds.
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Tuesday, November 29, 2011
Gold Could Gain from "Aggressive Monetary Policy" / Commodities / Gold and Silver 2011
THE WHOLESALE market gold price hovered in a 0.5% range around $1711 an ounce Tuesday morning in London, where Britain's chancellor today gave his autumn budget statement to parliament.
Elsewhere in Europe, Italy's borrowing costs hit new highs at an auction of government bonds, while Eurozone finance ministers are meeting to discuss boosting the single currency rescue fund.
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Tuesday, November 29, 2011
CFTC Data Shows Total Gold Futures and Options Positions Back at 2009 Levels / Commodities / Gold and Silver 2011
Gold is trading at USD 1,715.60, EUR 1,280.80, GBP 1,097.00, CHF 1,574.10 and JPY 133,280 per ounce.
Gold’s London AM fix this morning was USD 1,717.00, GBP 1,098.32, and EUR 1,278.67 per ounce.
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Tuesday, November 29, 2011
Currency Wars: Euro Descending, But What of Gold? / Commodities / Gold and Silver 2011
Jim Rickards’ new book, ‘Currency Wars’, has been getting plenty of attention recently as its launch has seen it rocket up the best sellers lists, and not just in the financial and economic world. Jim has also had an interesting spat with Nouriel Roubini recently on Twitter, which still seems to be rumbling on. The title of Jim’s book seems to be rather prescient at this time as we look across the Eurozone and watch the markets generally. Jim advises that we are in the middle of the third great currency war, we find his arguments compelling, and the release of his book is perhaps timely.
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Tuesday, November 29, 2011
Ron Paul on Return to the Gold Standard (When and How) / Commodities / Gold and Silver 2011
In the following interview video on Fox News, Ron Paul explains his plan for monetary freedom and a return to a gold standard. Paul also addresses a dangerous competing idea for the IMF take over control of setting international monetary standards. Finally, Paul explains how he has been temporarily stymied on his plan for a full and complete Fed audit.
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Monday, November 28, 2011
Are Physical Precious Metals Still in Demand? / Commodities / Gold and Silver 2011
The past couple weeks have been a somewhat trying time for precious metal investors. After liquidity concerns and euro zone theatrics, precious metals have been in a downward spiral. On Friday, gold settled at $1,685.70, while silver closed at $31.01. However, investors continue to acquire physical gold and silver in order to protect themselves from the current financial landscape.
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Monday, November 28, 2011
Will the Use of Gold as Collateral Push the Gold Price Down? / Commodities / Gold and Silver 2011
Gold Forecaster has for years now pointed to gold's coming monetary role as collateral. We have never believed that a return to the Gold Standard was feasible in the form it was used in last century. We have never believed it would return as day-to-day money. We have always seen its return tied into its use on a global basis, most likely between governments, as we saw under the Bretton Woods system after the Second World War. We have always pointed to a time when it would return to a key monetary position in the global financial system.
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Monday, November 28, 2011
Gold Back above $1700, Investors Pricing In "Euro Endgame" / Commodities / Gold and Silver 2011
THE SPOT MARKET gold price climbed to $1718 an ounce Monday morning London time – a 2.1% gain on Friday's close – while stock and commodity markets also rallied following news that leaders may be close to an agreement on the Eurozone rescue fund.
"News out of the US is also contributing to the more upbeat mood on markets, with preliminary reports from retailers suggesting that it was a good Black Friday weekend," says Marc Ground, commodities strategist at Standard Bank, referring to reports that Americans spent over $52 billion in the days following Thanksgiving on Thursday.
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Monday, November 28, 2011
Venezuela Repatriates ‘People’s Gold’ Due to Gold’s ‘Historic’, ‘Symbolic’ & ‘Financial’ Value / Commodities / Gold and Silver 2011
Gold is trading at USD 1,712.30, EUR 1,280.80, GBP 1,100.00, CHF 1,574.70 and JPY 133,080 per ounce.
Gold’s London AM fix this morning was USD 1,714.00, GBP 1,100.41, and EUR 1,280.06 per ounce.
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Monday, November 28, 2011
Which Fiat Currency Behaves Most Like Gold? / Commodities / Gold and Silver 2011
In this article we are going to be focusing on gold and showing how it behaves more like a currency than a commodity. We will be viewing how gold has performed in regards to other currencies and try and find the most correlated currency pair. In other words, we will be asking the question, “which other currency pair behaves most like gold?”Read full article... Read full article...
Saturday, November 26, 2011
Disappointing Year for Gold and Silver / Commodities / Gold and Silver 2011
2011 is very soon to become a disappointment. U.S. dollar was popularly forecast to be zero by now. As is readily evident in the chart, a second possibility existed. Why did the dollar not go to zero? Well first, that was a ridiculous expectation. Secondly, that forecast was doomed to failure because it rapidly became the consensus forecast.
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Friday, November 25, 2011
The Ready Gold Bullion Boys / Commodities / Gold and Silver 2011
It's been said Alaska has been discovered four times; first for furs, then fish, gold and finally, oil. Alaska's history has therefore been one of boom to bust to boom. There is no doubt that gold played the major part in the development of Alaska and today precious and base metals are again playing a major role in the state's economy.
In 1850 gold was discovered on the Russian River in the Kenai Peninsula and in 1861 gold was again found at Telegraph Creek near present day Wrangell.
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Friday, November 25, 2011
Gold Triple Play – Volatility, Currencies and Europe / Commodities / Gold and Silver 2011
Resurgent investment lifted global gold demand 6 percent from the previous year to just over 1,000 tons during the third quarter of 2011, according to the latest Gold Demand Trends Report from the World Gold Council (WGC).* The potent cocktail of inflationary pressures in the emerging world and the European sovereign debt fiasco left investors searching for a safe haven—they looked for it in gold.
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Friday, November 25, 2011
Gold and Currency Wars as Russia Adds 19.5 Tonnes to Reserves in October Alone / Commodities / Gold and Silver 2011
Gold is trading at USD 1,680.50, EUR 1,268.60, GBP 1,084.30, CHF 1,554.30, JPY 130,130 and RUB 53,210 per ounce.
Gold’s London AM fix this morning was USD 1,676.00, GBP 1,084.02, and EUR 1,263.86 per ounce.
Yesterday's AM fix was USD 1,699.00, GBP 1,094.72, and EUR 1,270.38 per ounce.
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Friday, November 25, 2011
Gold Falls on 'Black Friday' / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices looked set for a second weekly drop in a row Friday lunchtime, after falling as low as $1672 an ounce – 7.2% down on the November high – while stocks, commodities and government bond prices also lost ground as Belgium became the latest country to be sucked into the European sovereign bond crisis.
New York's Comex gold futures exchange will close early today – having been shut for Thanksgiving yesterday – as US shoppers hit the stores in search of Black Friday discounts.
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Thursday, November 24, 2011
Hang onto Gold But Brace for Potential Price Volatility Ahead / Commodities / Gold and Silver 2011
In the World Gold Council’s (WGC) last quarterly research piece, the authors find that ‘average gold price volatility is lower for each represented year since 1980’ meaning that ‘gold also becomes less susceptible to sharp swings, heralding its value as a tail-risk hedge’. This statement got us thinking about what the future has in store for future gold price volatility, given that many market participants forecast greater volatility in other markets. In particular we think of the superbly eloquent Rick Rule, who looks for greater volatility presenting itself in a great range of markets as pressures within the financial system build.
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