Category: Gold and Silver 2011
The analysis published under this category are as follows.Monday, January 31, 2011
Gold Investors Stay Focused / Commodities / Gold and Silver 2011
Last week was an eventful week at home and abroad with several events directly showing up in the performance of global markets and the price of gold. On Friday, Egypt’s mayhem in the streets caused uncertainty in the markets, but sent gold shooting up over $21 to close at $1,336.75.On Wednesday, a continuation of the Federal Reserve’s easy monetary policy pushed gold up double-digits. Earlier in the week, a small hedge fund that had overleveraged itself to gold futures blew out its position, causing the biggest ever one-day reduction in futures contracts for the Comex.
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Monday, January 31, 2011
Gold Cuts Friday Surge as U.S. Dollar Falls / Commodities / Gold and Silver 2011
THE PRICE OF gold eased back from near 1-week highs early in London on Monday, cutting Friday's 2.8% surge by one third as Asian stock markets closed the day sharply lower.
European shares also fell, together with US, UK and German government bonds, which nudged interest rates higher.
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Monday, January 31, 2011
Gold Bar Premiums Hit 17-Year High in Hong Kong On Safe Haven Bid on Inflation and Egypt Concerns / Commodities / Gold and Silver 2011
The geopolitical ramifications of the revolution in Egypt and the likelihood that it will spread throughout the Middle East, North Africa and possibly further afield is leading to volatility in markets. Equity indices in the Middle East and Far East were mostly down (except for China) overnight. European bourses were under pressure this morning but have recovered somewhat.
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Monday, January 31, 2011
Gold, Silver and the Dollar’s Next Big Move Update / Commodities / Gold and Silver 2011
We have seen some exciting moves in the market and with the market sentiment so bullish it should make for a sharp selloff in the coming weeks. Meaning everyone is overly bullish and owns a lot of stocks and commodities; therefore the market should top and leave them holding the bag while the smart money runs for the door. The market will not bottom until all of these individuals holding the bag finally cannot take the pain of losing any more money and once we see them panic and sell them all at once only then will we be looking to go long again.Read full article... Read full article...
Monday, January 31, 2011
Gold and Silver are on the Starting Blocks / Commodities / Gold and Silver 2011
A strange start to the year and a strange end to a volatile week, so we take a whiz across the air waves in order to get a ‘feel’ of whats going on, so this will be a mixed bag of data. The first eye catcher is this:
Eric Sprott - Expect $50 Silver, Gold Possibly $2,150 by Spring.
Sunday, January 30, 2011
Gold and Silver Opportunity Before Blast Off / Commodities / Gold and Silver 2011
A rare and exceptional opportunity has just presented itself to enter this Precious Metals bullmarket at very favorable prices for gold, silver and especially for Precious Metals stocks - right at an intermediate bottom. That is what our latest studies indicate.
While gold dropped a little lower last week than expected in the last update, it has arrived in an area of strong support above its rising 200-day moving average in a deeply oversold condition, as we can see on its 8-month chart below. Thus it is interesting to observe that a bullish candlestick pattern, known as a "Piercing Pattern", appeared on its chart on Thursday and Friday, which frequently signifies a reversal.
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Sunday, January 30, 2011
Silver Reversal to the Upside About to Squeeze Shorts / Commodities / Gold and Silver 2011
Last weekend`s Silver Market update turned out to be pretty much correct as while silver did drop to new lows for this correction it ended the week with a strong blast of upside energy that is believed to mark a reversal to the upside.
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Sunday, January 30, 2011
Gold Reacts to Egypt Riots / Commodities / Gold and Silver 2011
Riots on Thursday, gold moves lower. Riots on Friday, gold moves higher. Is there rhyme and reason here? Thursday the students rioted. Friday the Muslim Brotherhood joined in the riots. Yes, there was a difference. Now it’s a wait and see what the outcome will be to better guess what next for gold.
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Sunday, January 30, 2011
Rising Debt and Manipulation of the Gold Market / Commodities / Gold and Silver 2011
The US welfare state rumbles on and in some sectors of business it is being encouraged. We have to assume this attitude is based on more and increasing profits. Needless to say, it is cloaked in language that refers to the poor suffering people. The economy in the US and in many other countries is being run by and for major corporate interests.Read full article... Read full article...
Saturday, January 29, 2011
Gold and Silver Progress Report / Commodities / Gold and Silver 2011
This chart courtesy Federal Reserve Bank of St. Louis shows the increase in M2 money supply is speeding up again after a somewhat slower rise during the past year. This represents monetary inflation, which precedes price inflation, which in turn provides energy for gold, silver and many other commodities.Read full article... Read full article...
Saturday, January 29, 2011
Gold Short-Term Rally? / Commodities / Gold and Silver 2011
January has been a tough month for gold. From its year-end 2010 price of $1,420 an ounce to its recent low just over $1,320, gold has lost some $100 - about seven percent. In percentage terms, this doesn’t amount to much of a correction in the metal’s 10-year- old bull market. Gold has corrected in price in excess of 20% no less than 46 times since the onset of the bull market in 2001. Each time, the market mavens heralded the bull market’s demise.
On Wednesday, the World Gold Council published its annual Gold Investment Digest for the fourth quarter and full-year 2010 with some interesting insights.
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Saturday, January 29, 2011
Silver Supply Shortage? / Commodities / Gold and Silver 2011
There are some bizarre things going on in the silver market at the moment, reminiscent of the supply shortages and high premiums witnessed in 2008. For starters, silver is currently in both short-term and long-term backwardation, suggesting there is higher demand for silver NOW than in the future. This is backed up by the U.S. mint reporting all-time record sales for silver eagles during the month of January, with three days still left to go. Sales are on pace to breach 5 million coins sold, shattering the November 2010 record of 4.6 million. It is worth noting that all of the 2010 American eagle gold proof coins also sold out, but the focus of this article will be on the increasing signs of a shortage in silver.
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Saturday, January 29, 2011
Gold, It's Time to Buy / Commodities / Gold and Silver 2011
The value of gold may be plummeting but many gold stocks are clocking double-digit gains, according to Lawrence Roulston, the editor of the Resource Opportunities newsletter and an expert on mining investments."It's definitely a buying opportunity. The fundamentals are strong, and we're seeing weaknesses in the prices on a short-term basis here," he says. In this exclusive interview with The Gold Report, Roulston explains why he loves the prospect generator model and why now is the perfect time to snub bullion and cozy up to mining equities.
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Saturday, January 29, 2011
Silver Futures Market Developments, Commitment of Traders Report / Commodities / Gold and Silver 2011
After rocketing 76% higher in just 5 months, silver continues to enthrall investors and speculators. In the decade I’ve been gaming its bull through actively trading silver stocks, I’ve never seen this metal so popular. As more traders discover silver and start following and trading it, I’ve heard a lot of questions on a recent development in the silver-futures market. Its open interest recently declined sharply.
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Saturday, January 29, 2011
Great Gold, Silver & Green Investment Opportunities Arise / Commodities / Gold and Silver 2011
“Whether Americans and Westerners in general like it or not, the Chinese have become and will remain the key drivers to many economic and financial market developments, progress, and averted wreckage. The intrepid lapdog US press, loyal to the syndicate, is a critical element to maintain distractions… for years they have maintained a tight link in monetary policy. Doing so has linked their asset bubble expansion and bust cycle to the deadly one in the United States, and filled their coffers with US$-denominated toxic debt securities. However, China has three advantages over the US… They have $2.65 trillion in savings… a vast industrial base, courtesy of the US, the West, and Japan, which donated the technology… They have an expanding middle class… It is slowly becoming clear that the US granted the Most Favored Nation status to China in return for massive gold & silver swaps to the USGovt. The Wall Street fraud kings illicitly sold the leased bullion into the market, to sustain the American fiat paper congame, and thus a betrayal to the Chinese.
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Friday, January 28, 2011
Gold and Wealth Preservation 2011 / Commodities / Gold and Silver 2011
Call it "diversification" or "insurance", but gold tends to do badly when other assets go up...
JUST SO WE'RE straight, nothing is certain to work, not forever. Not cash, bonds, stocks, real estate, commodities or gold bullion.
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Friday, January 28, 2011
Why Is the Gold Price Going Down? / Commodities / Gold and Silver 2011
Alongside the falling gold price we have watched shareholders in the U.S. gold ETF, SPDR selling nearly 100 tonnes of gold over the last few weeks. The selling of gold has come from the U.S. and mainly seen at the Fixes in London at 10.30 a.m. London time or 3.00 p.m. When shareholders sell their shares the custodian HSBC is tasked with selling the fund's gold holding against these sales. As one of the five members of the Gold Fixing in London, where 90% of the world's physical gold is traded, this would be the ideal market in which to sell this gold. This is why the two daily Fixes are where the current gold price is being made. But why are U.S. gold Investors in the SPDR gold ETF selling their gold [shares]?
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Friday, January 28, 2011
Gold Worst Month Since Dec 2009 Despite as US Inflation Doubling / Commodities / Gold and Silver 2011
THE PRICE OF gold failed to rally from last night's tumble in Asian and London trade on Friday, extending Jan.'s sharp losses to hit four-month lows in the US Dollar and six-month lows against the Swiss Franc and "commodity currency" Australian and Canadian Dollars.
London shares extended a fall in Asian stock markets, and major-economy government bonds ticked lower.
Friday, January 28, 2011
China Gold Buying, Renminbi Trading in the U.S. / Commodities / Gold and Silver 2011
In a move that provides a glimpse of the future of US dollar and gold, China has allowed its currency to be traded for the first time in the United States. This is a bullish sign for gold investors. It is an important step in the country’s plan to make the renminbi an international currency. The explicit move is an endorsement by Beijing since the state-controlled Bank of China Ltd is at the forefront of this development.
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Friday, January 28, 2011
Gold as Currency Never Never Land / Commodities / Gold and Silver 2011
So if we try to look somewhat objectively trying as best we can to set emotions and beliefs aside, we may see a different angle on some concepts/the future that may come/we envision.
In a total hyperinflationary or hyper deflationary 'collapse' gold will mean virtually nothing.
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