Category: Gold and Silver 2011
The analysis published under this category are as follows.Monday, April 25, 2011
Sell Silver / Commodities / Gold and Silver 2011
Appears Scotty got it wrong again. We said to beam us up, and he beamed us back. All of a sudden we seem to have returned to 2008. Perhaps, though, we should not be so tough on Scotty. The Federal Reserve had a hand on the controls too, continuing the longest running stretch of asset price distortions in all of history. Think of 97-year-old sports team with one winning season, 1953.
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Monday, April 25, 2011
Real Interest Rates Explain the Gold Price Perfectly…Too Perfectly? / Commodities / Gold and Silver 2011
The latest idea coming out of the “Hedge-Fund” camp that I saw to explain the recent meteoric climb in the price of gold as expressed in US dollars is “Real” interest rates.
Leaving aside what is “real” and what is illusion for a moment, if you take a timeline of the US 10-Year Treasury yield and subtract the published CPI number you get to one (of many) estimates of “real” interest rates. Then you cumulate that number, you can build a reasonably decent “explanatory” model to explain the price of gold, since say January 2002.
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Sunday, April 24, 2011
Geopolitics and the World's Gold Holdings / Commodities / Gold and Silver 2011
Both the US dollar and the Euro currency systems are in crisis. During a period of waning currencies, where the value of money (in paper and/or electronic form) is tumbling, the strategic control over gold reserves and gold production is of paramount importance.
The issue is not only who controls the stock of central bank gold reserves, but who, namely which countries, control the production of mine gold.
Sunday, April 24, 2011
Silver Forecast $52 to $56 by Mid 2011 Update / Commodities / Gold and Silver 2011
Back on February 18th I wrote an editorial showing that Silver could rocket up to $52 to $56 by mid-year. At the time of the writing Silver was sitting a little above $32 on the price chart. The original chart work was based off of the fractal chart work I do with Silver from previous fractal time periods. So far the rise in Silver appears to be right on track for our expected targets to be approached into mid-year. I will post a link to the original article, below, for your perusal.
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Saturday, April 23, 2011
Where Next for Gold,Silver and the Stock Market SP500 Index? / Commodities / Gold and Silver 2011
The market action in both the precious metals complex and the equities markets has been moving in clearly defined Fibonacci and Elliott Wave patterns for quite some time now. All of the recent peaks and valleys in both areas can be clearly demarcated with Fibonacci retracements and crowd behavioral patterns both in advance and in hindsight. I’ve written about this phenomenon numerous times publicly and every week for my subscribers as well.
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Saturday, April 23, 2011
Silver Black Swan if Rampant Speculation is Not Reigned In / Commodities / Gold and Silver 2011
If you think the crude oil market has gone totally out of control in the past month or so, observe the Silver. The Silver market has basically gone parabolic the week of April 17, going from $41.75 on April 15th to $46.69 on April 21st--a 12% move in 5 trading days, topping off the move with a 5% move on Thursday (See Chart).
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Saturday, April 23, 2011
Why Bank and Debt Crises are Helping the Gold and Silver Prices / Commodities / Gold and Silver 2011
Some months back we pointed out that in their present form, banks had become the arteries and veins of the financial worlds with central banks the heart. Unfortunately, banks are driven solely by the profit motive. As they grew into every aspect of people's financial lives, they failed to take on the corresponding social responsibilities that they came with it.
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Saturday, April 23, 2011
What's with $1,500 Gold and $42 Silver? / Commodities / Gold and Silver 2011
As gold and silver continue their spectacular rise, The Gold Report checked in with Midas Letter Publisher and Editor James West to get his take on the situation. James, always strongly opinionated, sees this as the beginning of a global revolution that could result in long-term opportunities for gold and silver juniors.
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Saturday, April 23, 2011
Gold Investment Opportunities Emerge in the Americas / Commodities / Gold and Silver 2011
From Quebec, Canada to Sonora, Mexico, House Mountain Partners Founder Chris Berry constantly uncovers new opportunities in the Americas. In this exclusive interview with The Gold Report, Chris outlines the geopolitical changes that are driving renewed interest in areas considered too risky or not profitable enough in the past.
The Gold Report: Investing in junior mining companies across the Americas requires balancing risk and reward. What has changed in countries like Colombia, where violence and corruption hampered investment in the past, that make it worth considering investing in gold and nickel companies today?
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Saturday, April 23, 2011
Silver Crash 2006 vs Silver Today, Does it look Familiar? / Commodities / Gold and Silver 2011
Willem Weytjens writes: First of all, here is an update of a chart I posted 3 weeks ago…
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Saturday, April 23, 2011
Silver Shorts Feel the Burn / Commodities / Gold and Silver 2011
Silver has stolen the spotlight among investors in recent days after surging nearly $50/oz. Lost in all the commotion, however, are the wildly disparate rumors accompanying silver's rally. It's hard to believe that it has been only a week since a widely circulated story concerning a large hedge fund which supposedly made a "gargantuan" bet against silver. This story, which smacked of being planted by speculative interests, was circulated by some otherwise reputable financial publications.
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Saturday, April 23, 2011
Gold, What to Watch out for in Early May / Commodities / Gold and Silver 2011
We have written before that institutional investors are going to wake up one day and realize that they need to buy gold for their portfolios. Well, that's beginning to happen.
This week the Texas teachers’ pension fund, one of the largest college endowments, announced that it has placed 5% of its assets in gold bullion, nearly $1 billion's worth, in excess of 650,000 ounces at today’s prices. It is interesting to note that the fund chose to take physical possession of the bullion rather than buy it through a gold ETF.
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Saturday, April 23, 2011
Lease Rates Show Greater Silver Interest / Commodities / Gold and Silver 2011
In December of 2010, we looked at silver lease rates to see how a recent spike might affect metals. Then, it was out of the norm to see a spike in the lease rate, which often corresponded with a bid to borrow silver for the short-term. Today, silver lease rates are starting to normalize above zero, which means that demand to borrow silver in the short-term is becoming a constant, and that investors are now starting to price in recent history into the future.
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Friday, April 22, 2011
Cornering the Silver Market is Impossible at Current Prices / Commodities / Gold and Silver 2011
SilverDoctors write : Rumors of a corner of silver in process have been swirling overnight.
A cornering of silver by a billionaire is in process? Really? Here’s the definition of Cornering of the Market from Wikipedia, “In finance, to corner the market is to purchase enough of a particular stock, commodity, or other asset to allow the price to be manipulated, by analogy to the general business jargon where a company described as having "cornered the market" has a very high market share. The one attempting to corner a market hopes to gain control of enough of the supply of the commodity to be able to set the price for it.”
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Friday, April 22, 2011
Silver Set to Soar as Fiat Paper Currencies Fold / Commodities / Gold and Silver 2011
As a result of active "demonetization" efforts by the IMF and its member central banks, gold and silver have experienced the type of volatility that has given conservative investors reasons not to perceive the metals as dependable cash alternatives. Instead gold and silver have become known as the asset class to hold as a hedge against inflation.
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Friday, April 22, 2011
Debunking the Anti Gold Investing Propaganda / Commodities / Gold and Silver 2011
A meme is now circulating that gold is in a bubble and that it's time for the wise investor to sell. To me, that’s a ridiculous notion. Certainly a premature one.
It pays to remain as objective as you can be when analyzing any investment. People have a tendency to fall in love with an asset class, usually because it’s treated them so well. We saw that happen, most recently, with Internet stocks in the late ‘90s and houses up to 2007. Investment bubbles are driven primarily by emotion, although there's always some rationale for the emotion to latch on to. Perversely, when it comes to investing, reason is recruited mainly to provide cover for passion and preconception.
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Friday, April 22, 2011
Gold and Silver, What’s Driving Their Prices Higher? / Commodities / Gold and Silver 2011
Ian R. Campbell writes: Gold and Silver continued making headline news yesterday and this morning, with everyone reading this likely being well aware that both breached, and so far have held above U.S.$1,500 and U.S.$45 respectively. At 11:30 a.m. ET this morning they trading at U.S.$1,504.14 and U.S.$46.02. To put these two prices in context, on January 1, only 80 calendar days ago:
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Friday, April 22, 2011
What's Different About $1500 Gold? / Commodities / Gold and Silver 2011
The golden constant stands out amidst the US Dollar's latest plunge...
So what's different about gold at $1500 per ounce...?
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Thursday, April 21, 2011
Gold and Silver: Supreme Safe Haven Assets / Commodities / Gold and Silver 2011
Silver (iShares Silver Trust (SLV)) hit the ball out of the park yesterday as it hit a record high exceeding my late January target of $40. Silver has doubled in the past seven months alone. Poor man's gold is making some poor men rich as the US dollar (PowerShares DB US Dollar Index Bullish (UUP)) and long term US debt (iShares Barclays 20+ Year Treas Bond (TLT)) remain under pressure.
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Thursday, April 21, 2011
Shift to Physical Accelerates as Gold, Silver Adds 7.7% for the Week / Commodities / Gold and Silver 2011
THE WHOLESALE PRICE of gold broke fresh US Dollar highs ahead of the long Easter weekend in London on Thursday, but fell against all other major currencies, unwinding this week's sharp gains entirely for Euro buyers.
The price of gold in British Pounds slipped 1.4% from yesterday's new all-time highs.