Category: Gold and Silver 2011
The analysis published under this category are as follows.Saturday, March 12, 2011
Investor Portfolio Preparation for Hyperinflation, Assets for Protection and Profit / Commodities / Gold and Silver 2011
ldquo;Paper money eventually returns to its intrinsic value – ZERO” Voltaire, 1729
“Happy days are here again! Stock markets are strong, company profits are up, bankers are making record profits and bonuses, unemployment is declining, and inflation is non-existent. Obama and Bernanke are the dream team making the US into the Superpower it once was.
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Saturday, March 12, 2011
Silver Tops / Commodities / Gold and Silver 2011
After soaring 35% in just 6 weeks, silver has driven trader enthusiasm to a fever pitch. Naturally after such a magnificent surge to new multi-decade highs, silver bullishness is off the charts. Expectations for continuing near-parabolic gains are nearly universal, with ebullient commentators coming out of the woodwork to predict spectacular near-term price targets.
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Friday, March 11, 2011
Gold Sold to Raise Cash as Tsunami Hits Stocks and Oil / Commodities / Gold and Silver 2011
THE PRICE of gold held at 10-session lows against the Dollar in London on Friday as world stock markets fell – and the US currency rose – after a powerful tsunami hit the Japanese coast north of Tokyo.
Japanese savers saw gold prices fall hard, losing 2.6% from this week's new three-decade highs, despite a drop in the Yen.
Friday, March 11, 2011
The Constraints on Silver Supply / Commodities / Gold and Silver 2011
At the Casey Research Gold and Resource Summit, Bob Quartermain spoke about the constraints facing silver supply today, “Mine supply doesn’t meet demand and in many of the new applications silver isn’t being recycled, so it’s not going to come back into the scrap supply chain... We’ll have to go out and find new mines or new sources for silver; and that can only speak to higher prices.” We’ve got the highlights of his speech in the video below.
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Friday, March 11, 2011
Gold and Silver Profit Taking At New Highs / Commodities / Gold and Silver 2011
Gold (GLD) is breaking into new 52 week highs and silver (SLV) is at its highest point in more than thirty years as Libya one of the largest oil producers faces a civil war. Libya is not following Tunisia and Egypt with a somewhat moderate transition. This revolt has been extremely violent and bloody. A lot of the fear at the moment is if protests spread to Saudi Arabia. Already there are reports of police opening fire on protestors and banning peaceful protests. This could be a game changer.
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Thursday, March 10, 2011
Silver May Rise to $40/oz in March on Tight Supply / Commodities / Gold and Silver 2011
Risk aversion has returned with equity markets internationally under pressure after the Spanish downgrade and continuing geopolitical tension. Gold and silver have taken a breather and are lower in all currencies today. A correction is well overdue but the technicals and fundamentals would suggest that any sell off may again be short and shallow.
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Thursday, March 10, 2011
Gold & Silver Hit 1-Week Low "on Euro Fears" / Commodities / Gold and Silver 2011
THE PRICE OF BOTH gold and silver bars fell hard against the Dollar in London on Thursday, dropping to 1-week lows – as did the single Euro currency – after the Moody's rating agency downgraded Spanish government bonds and China reported a surprise trade deficit for Feb.
Brent crude oil dropped more than $2 per barrel. World stock markets lost over 1.2%, with London's FTSE-100 falling to a 5-week low.
Thursday, March 10, 2011
Gold and Silver Parabolics 2011 / Commodities / Gold and Silver 2011
As you will discover from the charts and information in this article, the previous three gold and silver parabolics (2004, 2006 and 2008) had a common characteristic. Each exhibited a midpoint consolidation - a resting place that separated the character of the first half and second half of the parabolic move. This observation is particularly relevant at this time, as both gold and silver have presently completed this midpoint consolidation and are already on their way to concluding the 2011 parabolic.
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Thursday, March 10, 2011
Gold and Stocks on the Verge of Breaking Out! / Commodities / Gold and Silver 2011
The past couple weeks we have seen strong distribution selling in the equities market followed by equally large days of buying. These buying and selling frenzies have formed a sideways consolidation.
Intraday movements have been sizable and more than enough to shake those trying to pick a direction early out of the market a few times. As fewer traders get involved the price range narrows and becomes compressed. Eventually there will be a breakout in a direction on heavy volume and with any luck it will start a new trend.
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Thursday, March 10, 2011
What's Driving the Silver Price Higher? / Commodities / Gold and Silver 2011
The Silver Price is hitting new recent highs at $36.55 today in a more vigorous performance than even gold. Many in the developed world precious metal markets are amazed at the performance of silver and see this continuing, whereas others feel it is running away with itself. The "backwardation" in silver [when 'spot' - or immediate delivery prices are higher than for future delivery] has stressed just how much immediate demand there is for silver and clearly a physical shortage of the metal has arisen. There are two apparently conflicting pictures of the role of silver. The industrial side of silver demand, currently thriving and the investment side, which is also thriving and should continue to do so.
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Thursday, March 10, 2011
Utah Starts What Remaining States Should Finish, What This Means for Silver / Commodities / Gold and Silver 2011
It wasn’t exactly headline news, but it wasn’t a quiet event either. The Utah state house has passed a new bill that would allow the state to explore solutions to issuing its own currency, one made of gold or silver, and it seeks to allow its citizens to trade in gold and silver as bullion, not as arbitrary dollars. The bill, which many expect to fail in the state Senate, is certainly another small victory in the move toward sound money.
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Thursday, March 10, 2011
Gold and Fat-Tail Fatigue / Commodities / Gold and Silver 2011
Back to early 2007, only with gold's fair value now at $3844 per ounce...
FOUR YEARS AGO it felt like most finance journalists didn't know gold's color, let alone why their readers might want to read about it.
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Thursday, March 10, 2011
The Uncertainty of Crowds, Libya, Gold and Silver / Commodities / Gold and Silver 2011
With Libyans having joined the movement to overturn aging autocracies the Arab street action has moved into a geopolitically more difficult territory. Concern over Libya’s oil exports are showing up as higher crude pricing. Libya’s 1.6 M barrels/day of crude output may well undergo disruptions, but the Saudis could replace that if prices move high enough to cause concern. As troubling is the unpredictability of Muammar Gaddafi and those around him. They seem more likely to go down fighting than the western leaning autocrats have been, and that is more likely to cause splintering of the country and concern similar shifts elsewhere in the region. Markets are reflecting this heightened uncertainty with continued gains for precious metals and US$ as well as oil. We expect the US$ and oil to peak before gold and its cousins do.
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Thursday, March 10, 2011
Beijing Urged to Hoard Gold as Crude Oil Rebounds / Commodities / Gold and Silver 2011
THE PRICE OF physical gold and silver bullion rallied near record highs once again in London on Wednesday, while European stock markets slipped and crude oil rebounded to recover half of yesterday's sharp losses.
The gold price rose back to $1435 while while silver hit $36.45 per ounce.
Thursday, March 10, 2011
Gold Record High, How to Protect Your Profits / Commodities / Gold and Silver 2011
Larry D. Spears writes: If you bought gold at any time during the first 10 months of 2010, you're sitting on some pretty healthy profits.
And thanks to renewed inflation fears and the growing unrest in Egypt, Libya and other Middle Eastern nations, most forecasters believe the "yellow metal" still has lots of room to run.
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Wednesday, March 09, 2011
China Adviser, Buy Gold Bullion with Nearly $3 Trillion Chinese Reserves / Commodities / Gold and Silver 2011
Renewed fears over eurozone debt have seen the euro fall against most currencies and precious metals today. The yield on Greek 10-year bonds is approaching an alarming 13% after jumping to a new record high of 12.89% today (see bond charts below). The Portuguese 10-year rose to a new record high of 7.7% ahead of today’s auction where they borrowed 1 billion euros in order to avoid a “bailout”.
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Wednesday, March 09, 2011
Currencies and Stocks Suggest Improved Returns from Gold and Silver / Commodities / Gold and Silver 2011
Middle East is still the talk of interest in the commodity markets and the markets have been experiencing substantial volatility over the past weeks. Commodity markets also followed the trend and witnessed highs; Brent traded above US$115 a barrel while gold continues as a safe haven for investors with prices above $1400 per ounce. Apart from geopolitical speculations, precious metals have influenced by currency and stock market moves.
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Tuesday, March 08, 2011
The Gold Price Driver You're Not Watching / Commodities / Gold and Silver 2011
Jeff Clark, Senior Editor, BIG GOLD writes: You already know the basic reasons for owning gold - currency protection, inflation hedge, store of value, calamity insurance - many of which are becoming clichés even in mainstream articles. Throw in the supply and demand imbalance, and you've got the basic arguments for why one should hold gold for the foreseeable future.
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Tuesday, March 08, 2011
Gold & Silver Bifurcation / Commodities / Gold and Silver 2011
Silver has been red hot lately and the silver shares have joined in the fun. Yet, we haven’t seen a corresponding breakout in Gold or in the gold shares (as evidenced by GDXJ and GDX). In the chart below we show SIL (large silver stocks), Silver, Gold, GDXJ (gold juniors) and GDX (large cap golds).
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Tuesday, March 08, 2011
Gold Capped by Scrap Selling, Silver Rally Unstoppable / Commodities / Gold and Silver 2011
THE PRICE OF GOLD slipped against a rebounding Dollar in London on Tuesday, briefly losing 1.4% from yesterday's new all-time high as world stock markets extended their losses.
Major government bonds also slipped, while the Dollar knocked almost two cents off the Euro's new four-month high.