Category: Gold and Silver 2011
The analysis published under this category are as follows.Friday, April 08, 2011
New Gold Record and Silver Bears Consistently Wrong as Price Breaks $40/Oz / Commodities / Gold and Silver 2011
THE PRICE OF GOLD hit new all-time Dollar highs in London trade on Friday morning, with dealing desks pointing to two short-term drivers – Japan's huge monetary response to the recent earthquake disaster, and the US government's impending "shutdown" after lawmakers failed to agree a new budget ceiling.
Read full article... Read full article...
Friday, April 08, 2011
Perfect Storm for Gold and Silver / Commodities / Gold and Silver 2011
Gold and silver reached new record all time and 31-year highs respectively again yesterday and this morning - both nominal highs. Silver has surged to a new 31-year nominal high of $40.28/oz and may now target next resistance at $50/oz - the 1980 nominal high.
Gold is now targeting $1,500/oz after just reaching new nominal highs at $1473/oz. Gold is higher in all currencies this week but especially the beleaguered yen which has fallen 4% against gold in the week so far.
Read full article... Read full article...
Friday, April 08, 2011
The Gold:Silver Price Ratio / Commodities / Gold and Silver 2011
Ian R. Campbell writes: An article this morning asks “Am I being too conservative with my silver price target?” - reading time 3 minutes. In the article, the author states his current physical silver price target to be U.S.$300 per ounce, which he bases on his long-term physical gold price target of U.S.$5,000 per ounce, and what he (and many other authors) refer to as the historic gold/silver price ratio of 16 (divide 5,000 by 16, and you get 312.5). As someone who owns some physical silver I certainly would like to simply sit back today and watch the first round of the Masters Golf Tournament, secure in the knowledge that based on this article my economic future and that of my family is secure. That said, while I plan to watch snippets of the Masters today, I will be spending most of it in front of my computer.
Read full article... Read full article...
Thursday, April 07, 2011
Gold May Fall Short-term on ECB Rate Rise, But Rising Interest Rates are Bullish / Commodities / Gold and Silver 2011
Gold’s two consecutive days of nominal record highs have seen some profit taking as oil is flat, the dollar is marginally higher and the euro has fallen. The ECB’s 0.25 % interest rate hike may lead to further profit taking today but rising interest rates in an increasingly inflationary environment will be positive for gold as it was from 1965 to 1981 (see charts below).
Read full article... Read full article...
Thursday, April 07, 2011
Where Is the Gold? The Mystery of Ft. Knox. / Commodities / Gold and Silver 2011
Chris Weber writes: What Do They Have to Hide?
In a few months we'll "celebrate" the 40th anniversary of the day when the US Government declared bankruptcy. Oh, they didn't call it that at the time. But what happened on August 15, 1971 was that the US defaulted on its promise to pay gold for dollars. It is now clear that they didn't have very much gold left to pay.
Read full article... Read full article...
Thursday, April 07, 2011
Who Would Sell Gold or Silver Now? / Commodities / Gold and Silver 2011
The following is an excerpt from the March Issue of The Dollar Vigilante (TDV).
Mainstream media, the majority of the public and value investors all believe that the precious metals are in a bubble. But that is because they do not understand the foundations underpinning a move into hard assets.
Read full article... Read full article...
Thursday, April 07, 2011
Gold and Silver, The Big Show / Commodities / Gold and Silver 2011
"Fear is a very foolish way to rule a nation, because fear is very tiring over time. No matter how tyrannical the despot, no matter how great the imposed terror; there comes a time when the people simply lack the energy to be afraid any longer, Fear vanishes from the population, and all that is left is blind uncompromising unquenchable rage." ~ Michael Rivero
Read full article... Read full article...
Thursday, April 07, 2011
Uncovering Turnaround Companies in the Resources Sector / Commodities / Gold and Silver 2011
McNicoll, Lewis & Vlak Investment Analyst Imaru (Ima) Casanova specializes in "under-covered" and turnaround companies in the resource sector. In this exclusive interview with The Gold Report, Ima describes several situations that fit her investment parameters, including the unique field of royalty companies.
The Gold Report: Thanks for joining us this morning. Before we get into specifics, please give us a little background on McNicoll, Lewis & Vlak LLC. (MLV) and its participation in the resource investment sector. Read full article... Read full article...
Thursday, April 07, 2011
Gold Breakout and Silver Going Parabolic / / Gold and Silver 2011
We obviously have been too cautious on Silver. The metal has been on a tear and has shown no weakness in the past few weeks. Our upside targets were $37 and $39. A clean break of $39, which seems imminent will send the market to $45 and possibly $50. Monday was the start of a parabolic move. First Majestic Silver, the strongest performing Silver stock has already gone parabolic. Keep an eye on First Majestic to gauge or confirm movements in Silver. We still hold First Majestic in our premium service portfolio, which was originally recommended almost two years ago.
Read full article... Read full article...
Thursday, April 07, 2011
Silver Is Getting Too Popular… Right? / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: It’s no secret that the silver market is red hot. As I write, silver American Eagles and Canadian Maple Leafs are sold out at their respective mints. Buying in India has gone through the roof, especially noteworthy among a people with a strong historical preference for gold. Demand in China continues unabated. Silver stocks have screamed upward.
Read full article... Read full article...
Wednesday, April 06, 2011
Gold and Silver - the usual commentators- we need new ones / Commodities / Gold and Silver 2011
When it comes to wider commentary on gold and silver it is still restricted to the financial press. The 'public' are yet unaware of the massive inflation that is going to hit them. That's why we are not in precious metals bubble. Nobody is talking about the huge rise in prices... except the usual commentators.
Read full article... Read full article...
Wednesday, April 06, 2011
Gold Record as Yen Carry Trade Spied Behind Free Lunch / Commodities / Gold and Silver 2011
The WHOLESALE PRICE of gold reached new record highs vs. the Dollar in London trade on Wednesday, breaching $1460 per ounce as world stock markets also pushed higher.
Crude oil rose to new 30-month highs, while US and Eurozone government debt prices fell ahead of tomorrow's pre-announced European Central Bank rate hike.
Read full article... Read full article...
Wednesday, April 06, 2011
Gold and Silver New Record Highs on Surging Oil and Deepening Inflation / Commodities / Gold and Silver 2011
In trading in London this morning, gold reached a new record nominal high ($1,460.92/oz) and silver a new 31-year nominal high ($39.63/oz) as investors bought the precious metals to hedge deepening sovereign debt risk (in the EU but also in the US with the threat of a federal budget shutdown), geopolitical risk and deepening inflation.
Read full article... Read full article...
Wednesday, April 06, 2011
Welcome back to the Worldwide Fiat Currency Race to Debase! / Commodities / Gold and Silver 2011
Take a moment to examine how gold and silver have performed against their fiat currency competition in the first quarter of 2011.
Silver has continued running hot, over the past three months silver has enjoyed a 20.3% appreciation against 75 fiat paper currencies around the globe!
Read full article... Read full article...
Tuesday, April 05, 2011
A Look at Gold’s Long-term Outlook / Commodities / Gold and Silver 2011
Let’s step back for a moment and take a look at the big picture. Although the primary focus of traders should be on the short-term technical outlook for gold, silver and mining stocks, it’s good to have a good idea of where the precious metals are likely headed in the 3-4 year out look.Our primary analytical tools for discerning the longer-term trends that are likely to emerge are the yearly Kress Cycles. Fundamentals can be useful but the long-term cycles are even more important since they ultimately determine the overall direction that asset prices will take.
Read full article... Read full article...
Tuesday, April 05, 2011
Silver "Diverts Attention from Gold" as Chinese Hike Puts Global Interest Rates "In Focus" / Commodities / Gold and Silver 2011
WHOLESALE PRICES to buy gold repeated yesterday's $10 range on Tuesday, briefly slipping in London beneath $1431 per ounce after the central bank in China – home to the world's No.2 consumer market – raised interest rates for the second time in 2011.
The People's Bank's move took Chinese borrowing rates to 6.31%, with one-year bank deposit rates rising to 3.25%.
Tuesday, April 05, 2011
Gold, Banks and the Governments / Commodities / Gold and Silver 2011
I have written this article to:
- Compliment some analysis I believe to be correct.
- To address some misinformation about the banking system which could potentially be dangerous to your financial future, and
- To reinforce your confidence in the fantastic golden opportunity right now and directly ahead.
Tuesday, April 05, 2011
China Room to Increase Gold Reserves, Silver Backwardation Correction / Commodities / Gold and Silver 2011
Gold and silver have consolidated after yesterday’s gains although gains have been made in the Japanese yen which has fallen due to a growing realisation that the nuclear disaster is far from over and will pose massive challenges to the Japanese economy and challenges to the global economy.
Read full article... Read full article...
Tuesday, April 05, 2011
Distressed Companies Offer Gold Lining / Commodities / Gold and Silver 2011
Jared Sturdivant, portfolio manager and managing partner of O-Cap Management, LP, likes to find special-situation investment opportunities, which include companies that have "good assets and bad balance sheets." When he finds them, he digs deep to ascertain their value and looks for the catalyst that will turn them into attractive investment opportunities. In this exclusive interview with The Gold Report, Jared talks about which companies in the metals sector look good to him now.
Read full article... Read full article...
Monday, April 04, 2011
Silver Leads the Metals Charge / Commodities / Gold and Silver 2011
Spot silver continues to lead the charge of the metals and mining complex. The iShares Silver Trust (SLV) and Silver Wheaton (SLW) are in thrust position -- as is the SPDR Gold Shares (GLD) and Freeport-McMoRan Copper & Gold (FCX) -- poised to rally to hurdle key resistance plateaus on the way to new high ground.
Read full article... Read full article...