Category: Gold and Silver 2011
The analysis published under this category are as follows.Tuesday, February 08, 2011
Gold Bullion Considered as Collateral by International Clearing House / Commodities / Gold and Silver 2011
Gold is higher in most currencies today except for the Aussie and Kiwi dollars; silver has risen by some 1% in US dollars and is higher against all currencies. Asian equities were mixed with the Nikkei higher (+0.41%) and the Hang Seng lower (-0.29%). European equities are mixed with tentative gains being seen in the BE 500 and the Stoxx 50.
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Tuesday, February 08, 2011
Gold Game Changer: J.P. Morgan Accepts Bullion as Money / Commodities / Gold and Silver 2011
J.P. Morgan Chase & Co. announced on February 7, 2011 that it will accept physical gold as collateral for investors that want to make short-term borrowings of cash or securities.
Presenting gold to satisfy demands for performance bond collateral has been allowed on the London CME in a limited way since October 2009. As of November 22, 2010, the Intercontinental Exchange Inc. (ICE) has accepted gold bullion as collateral on all credit default swaps and energy transactions.
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Tuesday, February 08, 2011
Gold Real Time Bubble Data / Commodities / Gold and Silver 2011
I would like to share some hard data pertaining to one of the most critical characteristics associated with an investment bubble. Even though the usual cheerleaders for paper assets and the "debt is wealth" mindset would most likely dismiss the evidence as anecdotal, the uniqueness of the data set should give it extra weight, in my opinion. The consistent element I am referring to is retail investment participation. Why the information forthcoming is of particular worth is not only does it underscore the low participation rate of retail investors in precious metals, but the source of the information comes from an investment environment that renders meaningless the typical excuses for investors to not have taken a position in gold and silver.
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Tuesday, February 08, 2011
Gold, What's Old is New Again / Commodities / Gold and Silver 2011
Do old investment strategies apply to the new gold market? Doug Groh, a fund manager and senior research analyst with Tocqueville Asset Management in New York City, has been analyzing basic materials and gold equities for more than 25 years. In this exclusive interview with The Gold Report, Dough explains how to view gold's history when making investments in its future.
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Monday, February 07, 2011
Gold "Goes Quiet" as US Futures' Position Hits18-Month Low / Commodities / Gold and Silver 2011
WHOLESALE PRICES to buy gold and physical silver bullion were unchanged on Monday morning in London, holding steady with commodity prices as global stock markets rose.
With the US Treasury slated to sell $72 billion in new debt this week, major-economy government bond prices slipped, pushing 10-year UK gilt yields up to a 9-month high ahead of Thursday's Bank of England decision on interest rates.
Monday, February 07, 2011
JP Morgan Accepts Gold Bullion as Collateral, Silver Backwardation to Lead to Short Squeeze? / Commodities / Gold and Silver 2011
Gold is marginally lower in euro, pound and dollar terms and marginally higher in Japanese yen and Swiss francs. Silver is higher in all currencies. With gold’s 0.51% higher close last week (first rise in 5 weeks) and silver’s 4% rally, the bears will be nervous that the recent downward trend may have reversed.
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Monday, February 07, 2011
Gold Bottoms and Moving Higher But on Low Volume / Commodities / Gold and Silver 2011
Gold bottomed and looks to be moving higher BUT the volume is just not there to be encouraging. The next week or so will tell us if it is going towards higher levels or if the downside will continue.
Time constraints and no chit chat this week, just the facts.
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Monday, February 07, 2011
It’s Super Gold Monday! / Commodities / Gold and Silver 2011
While Ben Bernanke says we are not seeing any inflation, I think most of us know that is a load of BS as other countries like Egypt see food prices surging. Over the past couple years everyone has been talking about how inflation will soon start and that has been one of the main driving forces for higher precious metals prices.
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Monday, February 07, 2011
Silver Roller Coaster Wealth Swings Between Rich and Poor / Commodities / Gold and Silver 2011
Silver is a roller coaster that only adults should ride. Violent swings in price will change your wealth between rich or poor in a few short months. How can one tame such unruly price action? The only way we know how is to examine the unruly patient by employing diagnostic charting methods by William Gann, Richard Wyckoff and Jim Hurst.
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Saturday, February 05, 2011
Newmont Buys Out Fronteer, What’s Next In The Gold Mining Sector? / Commodities / Gold and Silver 2011
Even though January 2011 brought a lot of profit-taking to mining stocks and precious metals, the leadership of Newmont (NEM) has used this pullback in prices to purchase one of my long-term favorite recommendations, Fronteer Gold (FRG). I believed Fronteer was a great candidate for a takeout. Newmont has gone straight ahead believing in Fronteer’s three major projects in Nevada and buying Fronteer out for a 37% premium. Newmont believes that the gold prices is moving much higher and they are using their large cash position to find growth. It is much cheaper to buy a quality asset rather than go out and find it yourself.Read full article... Read full article...
Friday, February 04, 2011
How to Buy a Vacation Home with Silver / Commodities / Gold and Silver 2011
For most people, there are some surefire luxuries that signify wealth, a few pearls of conspicuous consumption that say you've made it. For me, it's always been a second home. My grandparents owned a vacation home in Arizona and then Florida when I was a kid, and it was an annual highlight to travel there every year.
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Friday, February 04, 2011
Gold Short-Term Buying Spree on Middle East Crisis / Commodities / Gold and Silver 2011
Political and social unrest in the Middle East was the most discussed topic during the week. Restlessness and riots could inflate food prices in the region and worsen the economic balance further. As a result, equity, currency and commodity markets have experienced fluctuations. The political disturbances have impacted the crude oil trade significantly as Egypt is a crucial link for oil and gas headed to Europe, Asia and the United States. There are large black swans paddling in the Middle East pond that could have a significant effect on precious metals, oil and stock markets.
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Friday, February 04, 2011
Bond Vigilantes Ultimately Good for Gold / Commodities / Gold and Silver 2011
Addicted to Profits Editor David Skarica predicts that in the second half of 2011, Europe's "bond vigilantes" will make their presence felt in the U.S. by driving up interest rates and driving down the dollar. That's one of the reasons he remains bullish on gold. "I think we're going to see gold headed much, much higher," David says in this exclusive interview with The Gold Report. To learn about David's investment thesis for the gold market and a few names that offer better value post correction, read on.
Friday, February 04, 2011
Gold, Silver and Food, the Three Best Investment Opportunities for the Next Decade / Commodities / Gold and Silver 2011
“Is the US's financial position hopeless? I've studied the US finances backwards and forwards, and as I see it the US's financial position most definitely is hopeless.
The actual posted national debt of the US is $14.1 trillion. However, the US reports its finances on a cash basis while omitting its unfunded obligations in such items as Social Security, Medicare and Medicaid and various other entitlements. If the entitlements are included, the total national debt including unfunded obligations would be over $100 trillion…
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Friday, February 04, 2011
Global Silver Exploration / Commodities / Gold and Silver 2011
When exhaustively researching any sector of stocks, a lot can be learned about a given industry, its constituents, and its fundamentals. And indeed at Zeal we’ve learned a lot about the silver-stock sector in our latest round of research. This research is invaluable in both identifying industry trends and selecting the companies with the highest probability for success.
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Friday, February 04, 2011
Egypt is Just the Beginning for Gold’s Next Move / Commodities / Gold and Silver 2011
Watching CNN, its easy to be lulled into the sense that the cute little third world African country that is home to Cleopatra, mummies and pyramids is having a little revolution to get rid of a tired old tyrant. That the old goat is putting up such resistance to the national message is to be expected, and might be forgiven. Unleashing bands of paid thugs under the guise of ‘supporters’ reveals true brutality and illuminates the character of the man, Hosni Mubarak – a sociopath.Read full article... Read full article...
Friday, February 04, 2011
Gold & Silver Keep "Bernanke-Trichet" Gains / Commodities / Gold and Silver 2011
THE PRICE OF BOTH gold and silver bullion were little changed in London trade on Friday, unmoved by unexpectedly weak US jobs data near two- and 3-week highs respectively.
Adding 36,000 net jobs in Jan., the US economy still saw unemployment slip from 9.5% to 9.0% as a growing number of "discouraged" people – no longer seeking work actively – fell out of the official definition.
Friday, February 04, 2011
Gold and Silver Gain on Catastrophic” Implications for U.S. Economy if $14.3 Trillion Debt Ceiling Not Raised / Commodities / Gold and Silver 2011
Gold and silver have given up a small bit of yesterday’s strong gains in all currencies (especially the euro – see chart below) but are up more than 1% and 3% respectively on the week. Asian equity indices were higher overnight and are higher for the week, except for India where there are growing concerns about surging inflation and interest rates. European indices are higher today and most are up by some 1.5% to 2% on the week – as are US indices.
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Friday, February 04, 2011
Time to Sell Gold and Silver? / Commodities / Gold and Silver 2011
In the last days we have seen the gold price hit $1,324 and yesterday spring to $1,355, leaving it in a neutral zone technically speaking. More than 10% of the gold ETF, SPDR in the States has been sold as well as around 10% of the ishares Silver Trust. Investors need to know, "is this the time they should be selling their gold and silver investments?"
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Friday, February 04, 2011
The Truth About Gold / Commodities / Gold and Silver 2011
Egypt seems to be coming apart at the seams and the unrest may be spreading to Jordan as the King fired members of his cabinet in order to stave off potential problems. Then comes Saudi Arabia and pent up resentment against that royal family. We already know that Tunisia and Syria are experiencing difficulties and it's not far from where we are today to a Middle East engulfed in an uprising. Bin Laden and the Taliban have been planting seeds for ten years and thanks to a very short sighted American foreign policy, it looks like they'll bare fruit sooner rather than later. Now the US is doing what it always does, calling for the removal of a man they supported for twenty years. Justified or otherwise such an about face sends a signal to the rest of the world that our word is not our bond and any friendship is fleeting at best.
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