Category: Gold and Silver 2011
The analysis published under this category are as follows.Friday, March 25, 2011
Gold Sets New Standard at $1,447 / Commodities / Gold and Silver 2011
Gold prices soared to a new intraday record high during Thursday’s (March 24) trade on the New York NYMEX. The precious metal traded as high as $1,447 before falling to a closing price of $1,430.80.
Wednesday’s closing price in New York established the new record high closing price at $1,438.60. The current gold spot rate in early Friday morning New York NYMEX trade is $1,436.40.
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Friday, March 25, 2011
Financial Institutions Say Avoid Gold / Commodities / Gold and Silver 2011
THE PRICE OF GOLD ticked higher in London trade on Friday, recovering half of yesterday's 1.5% drop from new record highs above $1447 per ounce as
Silver prices also rallied, regaining a third of Thursday's 3.2% drop from new 31-year highs above $38.20 – some 112% higher from this time last year vs. the Dollar.
Friday, March 25, 2011
China Central Bank Positive on Gold due to ‘Value Preservation’ / Commodities / Gold and Silver 2011
Gold and silver remain supported by continuing macroeconomic and geopolitical uncertainty. Inflation, the European sovereign debt crisis, conflict in Libya and the wider Middle East and the nuclear disaster in Japan are all factors which will likely result in gold reaching new record nominal highs in all currencies sooner rather than later.Read full article... Read full article...
Thursday, March 24, 2011
Gold and Silver Sell Targets / Commodities / Gold and Silver 2011
Why do you suppose that gasoline prices at stations on the corner near your home generally post the same price? While the companies might contend that their product's secret additive will make your car run faster, last longer, and cause your love life to be better, most of us cannot tell the difference. If we price our gasoline above the true equilibrium price, buyers will simply not buy our gasoline. That is true for gasoline, cannabis, and precious metals.
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Thursday, March 24, 2011
Gold and Silver Break Records on Libya, Japan, Portugal / Commodities / Gold and Silver 2011
I don’t know how likely it is, but shouldn’t the gold price naysayers and gold bubble theorists all stand up on their chairs and jump off right about now?
There are so many factors pointing to not just an increasing gold (and silver) price, but an absolute breakout seems all but inevitable at this point. Judging by the solid return to strength in the junior resource sector on the buy side, it appears that not only gold, but silver too, are poised to set new records in the sessions immediately ahead.
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Thursday, March 24, 2011
Gold & Silver Hit New Records, But ETF Buying is Absent / Commodities / Gold and Silver 2011
THE PRICE OF GOLD hit the second new all-time high in succession at Thursday morning's London Gold Fix, set at $1441.25 per ounce as the Dollar held flat on the forex market and US crude oil prices rose.
New York's stock markets opened the day 0.5% higher. Silver bullion jumped to fresh 31-year highs above $37.85 per ounce.
Thursday, March 24, 2011
Silver Hits 31Year High, Gold Close to Record High of $1445 / Commodities / Gold and Silver 2011
Gold is flat while silver has risen in all currencies again today. Sterling has fallen sharply again today and the euro, yen and sterling have fallen sharply versus gold and silver in recent days. Silver's surge to new 31 year highs at $37.87 is due to continuing strong industrial and investment demand and tight supply.
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Thursday, March 24, 2011
Gold and Silver Investors Beware of Leverage Accounts / Commodities / Gold and Silver 2011
The Sun-Sentinel of Southern Florida reports that over the past 18 months, clients and creditors of 7 local precious metals businesses have claimed losses of more than $54 million!
How is it possible in this great 21st century gold and silver bull market, this many folks are losing that kind of capital?
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Wednesday, March 23, 2011
Gold and Silver, Look at the Big Picture / Commodities / Gold and Silver 2011
John Pugsley, author of the highly successful newsletter, The Stealth Investor, is struggling with some sudden health issues. But in this exclusive interview with The Gold Report, he shared his insight on how the global economic situation, including the catastrophe in Japan, is affecting the prospects for precious metals-related investments.
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Wednesday, March 23, 2011
Mad Dog Gaddafi's Gold of Mass Destruction / Commodities / Gold and Silver 2011
Gold plus Gaddafi – what more sexing up could a story need? Well, quite a bit it would seem...
EVEN Alan Greenspan knows that gold is always and everywhere about economic freedom.
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Wednesday, March 23, 2011
Global Money Printing Q.E. Tsunami To Lift Gold / Commodities / Gold and Silver 2011
The entire world struggles to determine the fallout effects of the Japanese earthquake and tsunami, along with the ensuing problems. The effects are so pervasive, so profound, so critical, that it is no wonder the news networks focus on two things only. They have switched emphasis to the Libyan civil war, a pitched battle to retain a tyrant and his larcenous rule. But the news stories out of Japan focus 98% on their Fukushima nuclear complex, with hardly a peep about the long list of other economic and financial effects. This article will focus on what they leave out, dutifully reporting amidst the purposeful new vacuum in a grand distraction.
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Wednesday, March 23, 2011
Silver Surges Over $37.25 On Way to Record $50, Gold to $5,000 in 3 or 4 Years? / Commodities / Gold and Silver 2011
Gold and silver have rallied again today in all currencies but particularly the British pound, Swiss franc and the euro. The euro has fallen on concerns that the eurozone debt crisis may be entering a new phase (see chart below). Silver surged to $37.25/oz its highest nominal price since February 1980 and gold is just shy of its nominal record high of $1444.95/oz.
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Wednesday, March 23, 2011
Gold Seen Nearing Cyclical Peak / Commodities / Gold and Silver 2011
THE PRICE OF PHYSICAL gold bullion rose sharply against all major currencies on Wednesday morning in London, touching near-two-week highs against the Dollar even as the US currency rose amid fresh European debt and budget concerns.
Crude oil and world equity prices were little changed, but major-economy government bonds rose as UN air-strikes continued in Libya, targeting loyalist Gaddafi troops attacking the rebel-held town of Misrata.
Wednesday, March 23, 2011
Gold Stock Seasonality / Commodities / Gold and Silver 2011
Many analysts focus on the seasonality of Gold and Silver. Why? It plays out most of the time. The metals tend to peak in the late spring and then bottom in the early summer before moving into the sweet spot of the year. When researching seasonality, I came across this chart from equityclock.com that shows the seasonality of the XAU Gold Stock Index.
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Wednesday, March 23, 2011
Gold Karats & Diamond Carats; Ounces & Troy Ounces: What’s the Difference? / Commodities / Gold and Silver 2011
You have no doubt read countless articles on the price of gold costing “x dollars per ounce”, own a gold ring or some other piece of gold jewellery and/or wear or have bought/plan to buy a diamond ring but do you really understand what exactly what you are buying? What’s the difference between 1 troy ounce of gold and 1 (regular) ounce? What’s the difference between 18 and 10 karat gold? What’s the difference between a .75 and a 1.0 carat diamond? Let me explain.
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Wednesday, March 23, 2011
Financial Conglomeration Gives Rise to Metals / Commodities / Gold and Silver 2011
In the coming weeks, it is expected that the world’s financial centers will be intertwined further, with the stock markets becoming united under one massive banner. The Nasdaq’s OMX group is expected to launch an offer to buy NYSE Euronext, though it may be already too late.
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Wednesday, March 23, 2011
Gadaffi and The Hidden Pot of Gold in Libya / Commodities / Gold and Silver 2011
Speaking through a telephone call to state television, Libyan leader Moammar Gadhafi delivered quite a defiant tirade on Sunday, March 20 vowing a 'long war to victory' and pledged retaliation against the international military action descended upon Libya. Many military experts have suggested that the number of troops loyal to Gadhafi could be fewer than 10,000, and argued that Gadhafi will not last long at all
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Tuesday, March 22, 2011
Gold Bullion Storage, Think Like a Thief / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: It’s official: the greatest number of responses to any article I’ve written since joining Casey Research was to Robbed!,the story of my friend’s gold being stolen and the suggestions for storage. It’s clear the article struck a nerve – from those who’ve also been a victim of theft, to those who were simply looking for additional ideas for storage locations.
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Tuesday, March 22, 2011
Gold Is For Real Wealth Preservation – Not Speculation / Commodities / Gold and Silver 2011
BMG considered it a great privilege to have David Ranson, President and director of research of Wainwright Economics join BMG on March 8th for our Gold is for Real Wealth Preservation - Not Speculation webinar. Wainwright Economics is an investment research and strategy firm which for over 30 years has helped the institutional investment community in devising effective investment strategies through intelligent use of market data and superior understanding of how markets behave over time.Read full article... Read full article...
Tuesday, March 22, 2011
Gold and Silver Investors Don't Get Disrtraced by Japan Events / Commodities / Gold and Silver 2011
It's very difficult for a trader to stick to a plan and not let news events dictate decisions. But every once in awhile there are news items that come along and attempt to trip investors up, forcing some to take their eye off the big picture. Many of us understand the long-term potential of precious metals and commodities, but the emotions -- either unbridled enthusiasm or gloom and doom -- of the herd often affect our decisions negatively at short-term turning points. This past week the news out of Japan (iShares MSCI Japan Index (EWJ)) affected the majority of investors, who liquidated their positions and ran to the US dollar and to long-term Treasuries as safe havens, which I believe was a mistake as the G-7 came to the support of Japan.
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