Category: Gold and Silver 2011
The analysis published under this category are as follows.Wednesday, May 04, 2011
Gold and Silver, the Greatest Profit Potential of the Last Decade / Commodities / Gold and Silver 2011
After what should be a brief pause this week commodity markets will move into the greatest rally of the last decade. As usual I will stay focused on the precious metal markets. They have been the leaders during this entire move out of the `08 bottom and they will see the largest parabolic move of all commodities during the final leg up.Read full article... Read full article...
Tuesday, May 03, 2011
Will a Falling Dollar Oil Price Take Gold Down With it? / Commodities / Gold and Silver 2011
U.S. demand for gas at the pump is starting to react to the rising prices. No wonder. U.S. consumers are seeing a 30% jump in oil prices over the past few months. U.S. motor fuel prices have become a heated political issue after pushing towards $4 a gallon. Gasoline futures hit 33-month highs on Tuesday. The rising prices at the pump are fueling voter discontent with Obama's leadership and could harm his re-election chances in 2012. Government is saying it is due to speculation. But Saudi Arabia has cut production by 600,000 barrels a day. Is Saudi Arabia to blame? Why would oil producers cut production like this when the oil price is so high? We have to ask ourselves, "Is that all there is to this story or is there something out there that justifies cuts in production and accepts higher oil prices?" There is and this article will highlight that.
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Tuesday, May 03, 2011
The Silver Bull Market will Zig-Zag to $100 and Beyond / Commodities / Gold and Silver 2011
The silver market has been very interesting lately but what really rankles me is the various commentaries that have popped up from across the financial media world. It seems that as soon as silver gets near $50 all of a sudden the silver bears come out of the woodwork and even some usually bullish observers are leap-frogging over to the silver bear camp. What are silver investors and speculators to do?
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Tuesday, May 03, 2011
Silver Plunges 10.5% as Margin-Hike Bites / Commodities / Gold and Silver 2011
THE PRICE OF GOLD hit new all-time Dollar highs at the AM London Fix on Tuesday, while silver traded near a two-week low, world stock markets slipped, and commodity prices fell hard.
An early rise in global equities faded as the Reserve Bank of India today hiked its key interest rate and Euozone factory input-price inflation showed a surprise rise.
Tuesday, May 03, 2011
Is A Healthy Correction Overdue in Gold And Silver? / Commodities / Gold and Silver 2011
When one begins trading it is important to realize that it is like any other business and your goods are your stocks. There is a basic rule that one must learn and never forget when buying and selling merchandise. You must be prepared to accumulate your products when there is a panic and sell them when there is euphoria. One has to sell when the product is in demand and the investment public becomes aggressive and buy when it is out of favor and the public shows little to no interest. In August of 2010 and January of 2011 precious metals both gold and silver presented excellent buying opportunities.Read full article... Read full article...
Tuesday, May 03, 2011
Gold and Silver, NUTS to all of you ‘Top Pickers!’ / Commodities / Gold and Silver 2011
“What is the meaning of a gold standard and a redeemable currency? It represents integrity. It insures the people’s control over the government’s use of the public purse. It is the best guarantee against the socialization of a nation. It enables a people to keep the government and banks in check. It prevents currency expansion from getting ever farther out of bounds until it becomes worthless. It tends to force standards of honesty on government and bank officials. It is the symbol of a free society and an honorable government. It is a necessary prerequisite to economic health. It is the first economic bulwark of free men”. W. E. Spahr.
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Tuesday, May 03, 2011
Understanding Where We Are in the Silver Bull Market / Commodities / Gold and Silver 2011
Last August I told my subscribers to prepare for a monster rally in Silver, which at the time of my forecast was $18.73 per ounce. I drew up a chart and predicted a huge rally to $29 an ounce, and we ended up at $31 or so just a few months later. This was entirely a crowd behavioral move that I foresaw in advance, based on patterns that R.N. Elliott developed in the 1920's and 1930's. My theory was besides the crowd pattern (a 20 month odd Triangle consolidation), that investor's would begin to view Silver as "Poor man's Gold" and buy it. Literally, the idea is as simple as investors will simply think that "Gold is too expensive, but silver is cheap". That is the explosion power that is behind this move from $19 to $50 an ounce since late August 2010.
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Tuesday, May 03, 2011
S&P500 May Hold Clues to Gold and Silver Peak / Commodities / Gold and Silver 2011
The single biggest news event this week besides the Royal Wedding (who actually cares) was Federal Reserve Chairman Ben Bernanke’s televised press conference. The Federal Reserve is attempting to appear more transparent after coming under pressure from the United States Congress because of their obscure and potentially nefarious operation. For most Americans, Ben Bernanke is someone they likely have never even heard of, but on Wednesday Mr. Bernanke got to bask in the sunlight that is generally only reserved for public elites such as celebrities, pro athletes, and the President of the United States.
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Tuesday, May 03, 2011
Silver Bull Market Continues / Commodities / Gold and Silver 2011
For the past few years we have received constant requests to provide a report on Silver. We have provided numerous reports on Gold since we feel it is money, not currency, and it has been in a bull market since 2001. Silver, on the other hand, is currency. Not fiat currency that can be mass produced with a printing press or, nowadays, just a keystroke on a FED computer. Silver has always been a means of exchange for one tangible asset or another, until the past several decades. Whether anyone still considers Silver a currency in not important. What is important is that it has been in a secular bull market since 1993, and a recent bull market since 2008. The following chart displays this secular bull market.
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Monday, May 02, 2011
Vertical Drop for Gold, Silver, Platinum and Palladium / Commodities / Gold and Silver 2011
I was fully expecting a non-eventful Sunday afternoon when out of no where, precious metals started their contest of vertical drop, as shown in the following live charts from Kitco.com as of Sunday, May 1, around 7:00 pm EST.
As expected, silver is the undisputed champion, dropping about 10% from the previous day's close, glod, platinum each went down about 7.5%, while palladium lost about 2% (percentage based on spot prices on charts).
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Monday, May 02, 2011
Has the Silver Melt-Up Run its Course? / Commodities / Gold and Silver 2011
The big question on the minds of silver investors and especially silver traders is whether the meltup in silver has run its course, or whether it has further to go. On Monday last week we saw temporary burnout with a Reversal Day showing up on the chart at a point where silver was fantastically overbought. On the basis of this, and also the extremely bullish public opinion on silver and extremely bearish public opinion on the dollar (the public are normally wrong) it was reasonable to conclude that silver had either topped out or that a correction was imminent, and that is what we did conclude. However, the situation is now complicated by the fact that the latest COT figures reveal that Commercial short and Large Spec long positions have been dramatically scaled back just over the past week, which is not what you would expect to see ahead of a drop - what should happen is that Commercial short positions either ramp up or least remain constant. This latest COT chart by itself portends another upleg soon.
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Monday, May 02, 2011
Gold Melt-Up May Have Started / Commodities / Gold and Silver 2011
The interesting thing about gold is that although it has been in a steady long-term uptrend there has still been no meltup, such as we have seen in silver, but if the dollar really caves in that could very well happen - and such a meltup may have just started this past Friday.
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Monday, May 02, 2011
Gold Jumping the Track Or Reaching a Routine Target? / Commodities / Gold and Silver 2011
When looking at longer time frames using technical analysis/charting, it is often appropriate to use a log scale price chart versus using a linear scale price chart for shorter-term time frames. But at what exact time frame should you switch from a log scale chart to a linear scale chart and what are the exceptions? Well, the answer is that we are dealing with art as much as science when using technical analysis.
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Sunday, May 01, 2011
Gold and Silver Keep Pushing Higher But Why Stocks Are Not Following? / Commodities / Gold and Silver 2011
Gold and silver keep pushing into new high ground, why are the stocks not following? Too often the activity of the gold stocks is a leading indicator as to what the metal might be doing so one should be very cautious about jumping into the commodities at this time. This is not a certainty but the stock performances just may be warning of a metal collapse ahead.
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Saturday, April 30, 2011
A Precious Opportunity in Gold and Silver? Have they Topped? / Commodities / Gold and Silver 2011
“They say the cover-up is worse than the crime…
Until we rip the seal off the Fed's books, we will never discover the depth of the Fed's looting of taxpayers…
You see, the government and the Fed put taxpayers on the hook for $14 trillion during the financial crisis.
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Saturday, April 30, 2011
Gold Rules! / Commodities / Gold and Silver 2011
Visions of Absolute Wealth
As defined by the most valued currency throughout the history of humankind, an exclusively visual presentation of nearly ALL-THINGS vs. the value of Gold illuminates precisely where absolute wealth and truth reside.
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Saturday, April 30, 2011
Gold Rally With a Silver Lining / Commodities / Gold and Silver 2011
There were plenty of silver linings this week. Silver moved close to the 1980 and the key barrier of $50 and gold is moving to new highs at the moment of writing these words. Before jumping right into gold and silver charts, let’s take a few moments to examine the situation in the Euro Index, as it has been recently highly correlated with gold. We will start with the long-term chart (charts courtesy by http://stockcharts.com.)
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Friday, April 29, 2011
Gold and Silver vs the U.S Dollar / Commodities / Gold and Silver 2011
One sure upshot of the quantitative easing money flooding the stock market will be further distortions, chaos and unpredictability that make the value-investing proposition difficult, if not impossible, according to Casey Research Chairman Doug Casey. On the eve of a sold-out Casey Research Summit in Boca Raton, Florida, Doug returns to The Gold Report. In this exclusive interview, he warns, "Like it or not, you're going to be forced to be a speculator."
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Friday, April 29, 2011
Gold on Track to Reach $1860 - $1920 by Mid 2011 / Commodities / Gold and Silver 2011
The Golden Parabola is continuing to follow the cycle of the 70’s Gold Bull as the U.S. Dollar is further devalued against Gold to balance the budget of the United States at this point in the “paper currency cycle” where Global Competitive Currency Devaluations rule. As discussed in a recent editorial this point in the cycle suggests that Gold will soon enter into a more aggressive higher rise in price as it starts to project the higher Vth Wave characteristics of this new Golden Parabola.
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Friday, April 29, 2011
Gold Explorer Stocks GLDX ETF Analysis / Commodities / Gold and Silver 2011
Junior gold explorers represent a vital component of the global gold supply chain. These small companies take on the arduous task of discovering and developing many of the next-generation gold deposits. Without them, the gold markets would be in complete disarray and the large miners would be scrambling to backfill their project pipelines.
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