Category: Gold and Silver 2011
The analysis published under this category are as follows.Thursday, March 03, 2011
U.S. Mint Suspends Sales of Silver Eagles / Commodities / Gold and Silver 2011
This news was initially reported by Patriot News Radio, which you can listen to in this video clip. While the information is true and current as displayed on the U.S. mint page here, it is not anything new. The Mint has not sold uncirculated American Eagle silver coins directly on their site for two years, but has continued minting “bullion coins” that are distributed to dealers.
Read full article... Read full article...
Thursday, March 03, 2011
Seeking Value in Junior Gold Miners / Commodities / Gold and Silver 2011
Independent investor Chen Lin takes advantage of high metals prices by investing in companies with the financial strength to stay the course until the resource is in production or can be expanded, making the company an attractive takeover target. For metal miners, the sustainability factor is critical because it can take years to get a mine to cash flow-positive status. Chen shares several of the companies he owns that he believes will return significant capital appreciation in this exclusive interview with The Gold Report.
Read full article... Read full article...
Thursday, March 03, 2011
How Safe Is Your Physical Gold? / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: One of my best friends recently discovered, to his shock and dismay, that five one-ounce gold coins had been stolen from his home. I feel especially bad because I had encouraged him to buy some physical metal, giving him some tips and pointing him to the better dealers.
What's especially disconcerting about the theft is that my friend had the coins stored in a safe, hidden from view, securely locked, with the key hidden. He thought his gold was safe, a reasonable assumption given the precautions he'd taken.
Read full article... Read full article...
Thursday, March 03, 2011
Silver Breakout, Bang Bang, Maxwell Silver Hammer / Commodities / Gold and Silver 2011
Everybody loves the Beatles, whose strange songs are stuck in the memory of millions of people. "Bang, bang, Maxwell's silver hammer, came down upon her head. Bang, bang, Maxwell's silver hammer, made sure that she was dead." Little did the legendary Beatles realize they were providing the theme song for the linchpin of the USDollar in its lethal slide into the dustbin of fiat currency history. The song might have referred to Blythe Masters herself, the arrogant megalomaniac in wait, the JPMorgan queen of ruin.
Read full article... Read full article...
Wednesday, March 02, 2011
Inflation and the Value of Gold Explained / Economics / Gold and Silver 2011
Rod Rojas writes: As the story goes, someone asked an economist how his wife was doing, and the economist answered "compared to what?"
Joking aside, this is one of the most important questions one can ask when dealing with many economic problems.
Read full article... Read full article...
Wednesday, March 02, 2011
Silver Out-Runs Gold 3 Times Over on Libyan Civil War Risks / Commodities / Gold and Silver 2011
THE PRICE OF GOLD in US Dollars ticked higher to reach a new all-time record in London trade on Wednesday, touching $1436 per ounce as crude oil rose further above $100 per barrel and world stock markets fell for the eighth session in nine.
The US and other Western governments backed down from intervening in Libya's civil war, while Colonel Gaddafi vowed to "fight until the last man and woman".
Wednesday, March 02, 2011
Silver Outweighs Gold / Commodities / Gold and Silver 2011
In the world of precious metals, silver spends a lot of time in the shadow of its big brother gold.
Gold, with its high price-to-weight and distinctive yellow tint, has always occupied a special place in the human psyche. To many people across many ages, gold is simply the ultimate form of money - and, as a long-term, stable store of value for one's personal wealth, I agree it's hard to beat.
Read full article... Read full article...
Wednesday, March 02, 2011
Gold Breakout Price Targets / Commodities / Gold and Silver 2011
The gold and silver markets rallied dramatically to the upside as concerns and worries over oil supplies, inflation, and general nervousness in the world markets pushed both metals into new high ground.
I have just completed a new short video where I share with you my upside target zones for gold. The video only takes a few minutes to watch and emphasizes how important technical analysis is in the gold market. Our weekly Trade Triangles have been long gold from $1,368 and it looks as though that position is going to work out well.
Wednesday, March 02, 2011
More Record Prices in Gold, Silver and Oil Ahead / Commodities / Gold and Silver 2011
The prices of oil, gold and silver are all presently being pushed higher by the expansion of popular protests throughout the middle east. Despite the confident public statements officials in Washington, Saudi Arabia, and Israel, rest assured that the level of nervousness within those governments are at their highest in decades. In tandem with the elevated discomfort in those administrations, the markets continue to notch higher, with commodities leading the charge.
Read full article... Read full article...
Wednesday, March 02, 2011
Gold New Record High Barely Reported by Mainstream Media / Commodities / Gold and Silver 2011
Gold prices settled at a new record high yesterday, as unrest in North Africa and the Middle East pushed the safe haven currency to $1,435/oz. Silver surged to new 30-year record nominal highs at $34.74/oz. Prices surged in dollars and all major currencies and look set to reach record highs in other currencies.
Read full article... Read full article...
Wednesday, March 02, 2011
Fed Printing Enough Money to Buy the World's Silver / Commodities / Gold and Silver 2011
I thought I had heard all the good arguments to buy silver, mostly from me asking myself two important questions.
First, "Why am I not buying silver when it is so obviously going to go much, much higher in price because of the absurd Federal Reserve insanely creating so much money, which causes inflation, which always makes the prices of precious metals soar?"
Read full article... Read full article...
Wednesday, March 02, 2011
Gold Prices At New All Time High / Commodities / Gold and Silver 2011
Finally, a new all time high for gold prices. Gold prices are being well supported by both its 50dma and its 200dma as the chart above shows. The RSI is now over the ‘70′ level, sitting at 72.33 suggesting that it is overbought, but don’t count on it, the world is a very volatile place at the moment.
Read full article... Read full article...
Wednesday, March 02, 2011
The Core Growth Stocks of the Gold/Silver Bull Market / Commodities / Gold and Silver 2011
With the bull market in precious metals likely to accelerate in the coming years, folks should turn a great of their attention towards finding the growth stocks of the bull market. We are talking about your Ciscos and Microsofts. These are the stocks one can hold for at least several years.
Read full article... Read full article...
Wednesday, March 02, 2011
Gold and Silver Sunny Days, Marc Faber Top Busted, Elliott Wave Wrong as Usual / Commodities / Gold and Silver 2011
"In the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy." -- Fran Lebowitz
About a month ago Marc Faber called a top in gold and said he was looking for a correction back to 1,100.00. Three weeks ago the Aden Sisters said that this wave up in gold had topped. A week ago they said they were "watching" it. Elliot Wave has called an end to the bull market in gold on numerous occasions. Is it any wonder that the public is so late to get in on the move higher and so quick to abandon a long position? Personally I can't find any evidence to support the hypothesis that this secondary leg up in a primary gold bull market is over.
Read full article... Read full article...
Wednesday, March 02, 2011
Gold and Silver on the Move / Commodities / Gold and Silver 2011
Silver in the pre-market today climbed to new bull market highs at $34.52, while gold prices popped above a key 11-week resistance line off of its Dec 7 high at $1,431.70.
This bodes well for higher prices that propel gold -- and the SPDR Gold Share (GLD) -- to new highs in the upcoming hours/days. Meanwhile, silver and the iShares Silver Trust ETF (SLV) point towards upside continuation towards a confrontation with the upper trendline of its multi-month up-slanted price channel, now at $35.30 in spot silver. Only a decline that breaks $32.40/30 will begin to compromise the near term bullish scenario.
Read full article... Read full article...
Tuesday, March 01, 2011
Gold Silver Jump to Near Record Highs on New Oil Crisis / Commodities / Gold and Silver 2011
THE PRICE OF GOLD jumped in London trade on Tuesday, hitting the highest level since last Dec.'s all-time peak as Western stock markets fell and Brent crude oil rose towards new two-year highs.
Overnight, the Libyan state-run National Oil Co.'s chief Shukri Ghanem said the country's oil output has halved since anti-government protests began.
Tuesday, March 01, 2011
Top in Stocks and Silver? / Commodities / Gold and Silver 2011
High volatility seen in commodities market in the past week attributes toward ongoing social and economical developments in the Middle East. There are ominous reports of thousands of people killed in Tripoli as anti-government protests reached the Libyan capital for the first time. The Libyan government attacked protesters, and rebels claimed control of the second-biggest city, Benghazi. Tens of thousands of Bahraini protesters marched in the capital demanding democracy.
Read full article... Read full article...
Tuesday, March 01, 2011
Silver Rises to New Nominal 30-Year High of $34.44/oz; Italian Banks Want Protection of Gold Reserves / Commodities / Gold and Silver 2011
Silver has risen another 1.4% today to a high of $34.44/oz and above the 31-year interday high of $34.33/oz reached last Tuesday (February 22nd). Silver is higher in all currencies this morning, especially the Japanese yen. The news that Saudi Arabia may be sending tanks to crush anti-government protests in Bahrain saw buying of silver, gold and oil.
Read full article... Read full article...
Monday, February 28, 2011
Technicals of Silver and Silver Miner ETFs / Commodities / Gold and Silver 2011
Silver has been a clear leader in the PM area.
This is a current count of Silver ETF SLV
Read full article... Read full article...
Monday, February 28, 2011
JP Morgan Opens Gold Window / Commodities / Gold and Silver 2011
Earlier this month, J.P. Morgan made an important announcement that received scant coverage in the media: the bank would now accept gold as collateral for loans. The move appears to have been well-timed, for in the ensuing weeks, the price of gold and silver climbed steeply, based largely on political turmoil in the Middle East. But why should Morgan's decision be of interest to anyone outside the bank?
Read full article... Read full article...