Category: Gold and Silver 2011
The analysis published under this category are as follows.Friday, January 21, 2011
More Determined Bear Raids on Gold and Silver / Commodities / Gold and Silver 2011
More determined bear raids today, winnowing out the weak hands, the overleveraged, and the speculators. Look for silver to hold the most resilience and snapback on the shorts, as the shortage in wholesale supply continues to deepen.
Remember that January 26th is the option expiration at the Comex.
Friday, January 21, 2011
The Value Case for Silver / Commodities / Gold and Silver 2011
The prices for commodities can change quickly and wildly, and in many cases, investors can hold commodities for years without any realization of profits.
The wild cyclicality is what has kept many out of the commodities markets, and it is the reason why so many value investors choose to ignore commodities as a broad investment alternative. In respectful disagreement, making the case for a value investment in silver is a cakewalk at worst.
Read full article... Read full article...
Friday, January 21, 2011
Silver Stockpiling Ahead of When M0 Becomes M2 / Commodities / Gold and Silver 2011
Silver investors who have been stockpiling physical silver on massive global changes in monetary policy have been a bit ahead of themselves. While the fear of inflation exists in very broad detail, the realizations of inflation have yet to show themselves.
Read full article... Read full article...
Thursday, January 20, 2011
Gold and Silver Open Interest Show Speculators Have Reduced Positions / Commodities / Gold and Silver 2011
Gold has fallen by 1.7% and silver by 4% as the US dollar has bounced from 2 month lows. Some are attributing the sell off to interest rate hikes in Brazil and the bounce in the dollar. However, it is more likely due to further selling by momentum-driven traders who see that the short term trend is down and they are sticking it to under pressure longs.Read full article... Read full article...
Thursday, January 20, 2011
Gold Plunges to Two Month Low / Commodities / Gold and Silver 2011
WHOLESALE PRICES for large gold and silver bars both fell hard in London and early New York trading on Thursday, extending this month's 4% and 10% drops as world stock markets fell and the US Dollar rose.
The Euro held above $1.3450, but the British Pound gave back all of this week's rise to two-month highs. Crude oil prices dropped 2.3% to $88.30 per barrel.
Thursday, January 20, 2011
Gold, Silver and Unhedged Producers / Commodities / Gold and Silver 2011
The run up in gold prices attracted investors to the gold and silver mining sector and for those investors looking for significant exposure, producers who do not forward sell their production provide the vehicle to take advantage of the improvement in gold prices. However during the recent pull back in both silver and gold prices these stocks naturally experienced some profit taking, particularly by speculators who have recently taken an interest in this small sector of the market.
Read full article... Read full article...
Wednesday, January 19, 2011
Fear and Love Make Gold Strong / Commodities / Gold and Silver 2011
An interview with Frank Holmes, by Jeff Clark, BIG GOLD writes: For the BIG GOLD annual gold forecast survey published in January, Jeff Clark surveyed seven gold experts and nine top economists and fund managers, along with Doug Casey himself, to provide their best insight on what to expect in 2011 and how to invest.
Read full article... Read full article...
Wednesday, January 19, 2011
The U.S. and China Going In Opposite Directions / Commodities / Gold and Silver 2011
China is in the midst of a 'State visit' to the U.S. but this time China will get a state banquet. This implies a changed attitude to China by the U.S. It is clear to all today that there is unlikely to be a real confrontation between the two nations anymore. If there were to be a war between the two it is most unlikely to be an economic/financial one, not a military one. China is racing to be the number one economic world power and the U.S. is retreating from that position, slowly but surely. Each day, the power of the U.S. to dominate or even influence China falls slightly. Each day the power of China to influence and eventually dominate the global economy grows. At this moment in time China owns around half of U.S. Treasuries. They are already in a position to hurt the U.S. very badly, should they want to. But it is not in the interests of China to do that. China is empire-building and doesn't want to be distracted from that. They appear to be on a winning road already. China's is on the rising road and will soon pass the U.S. going the other way.
Read full article... Read full article...
Wednesday, January 19, 2011
Silver Up as US Mint Reports January Eagle Sales Reach Record High / Commodities / Gold and Silver 2011
Gold is slightly higher in the US dollar and other major currencies. Spot silver has given up early gains but the futures market has seen longer term contracts fall more in price so that while spot is up $0.09 to $28.96/oz, the July 11 contract is only trading up $0.01 to $29.00 and and the December 11 contract has fallen by $0.084 to $29.01.
The dollar has fallen to 78.42 on the US Dollar Index and is looking technically vulnerable of falling to long term support at 76.0.
Read full article... Read full article...
Wednesday, January 19, 2011
Gold Facing Important Test / Commodities / Gold and Silver 2011
An important test level for Gold ...
You know that I don't cover Gold, but many of our readers liked the last Gold update ... so, I will post another one today.
Bottom line: The chart below explains what is going on. If you look at our zero based RSI reading, it is now below a support level and slightly negative. That represents a negative bias.
Read full article... Read full article...
Wednesday, January 19, 2011
Gold "Readmitted as Prudent" Investment, Gains vs. Falling Dollar / Commodities / Gold and Silver 2011
WHOLESALE PRICES for gold bullion rose versus the US Dollar in Asia and London trade on Wednesday, recovering almost one-third of this year's 4.5% loss but holding flat once again vs. other major currencies.
European stock markets ticked lower, while government bonds and commodities both rose.
Wednesday, January 19, 2011
Gold Will Seize The Day / Commodities / Gold and Silver 2011
Monday was a holiday in the United States, Martin Luther King’s birthday, and I thought it would be appropriate to review some of what the man had to say. The first is an excerpt from his famous “I Have a Dream” speech:
Read full article... Read full article...
Tuesday, January 18, 2011
Silver Bar Shortages to Lead to Price "Tipping Point"? / Commodities / Gold and Silver 2011
Gold is mixed while silver is higher in all currencies today, especially in the weaker US dollar. European sovereign bond yields are higher and the UK 10-year has risen to 3.66% and is close to breaking out after inflation figures surprised the majority of analysts who remain complacent about inflation.
Read full article... Read full article...
Tuesday, January 18, 2011
Gold & Silver Find "Massive Demand" from Private Investors / Commodities / Gold and Silver 2011
THE PRICE OF GOLD and silver bullion prices rose together with all major currencies on Tuesday morning vs. the Dollar, erasing last week's losses for US investors as European stock markets gained more than 1%.
Asian bullion dealers reported "continued physical demand" in both gold and platinum.
Tuesday, January 18, 2011
Gold Stocks: Stick with Juniors and Avoid Large Caps / Commodities / Gold and Silver 2011
In covering the gold sector for my premium subscribers, I have noticed something lately. The large-caps really suck! Ok, that is harsh but it is the truth.
In the chart below I show large-cap indices. What do you see?
Read full article... Read full article...
Monday, January 17, 2011
Has Gold Topped Out? Nope, You Ain’t Seen Nothing, Yet! / Commodities / Gold and Silver 2011
Goldrunner writes: A Gold Bull Market is much like a bucking bronco in the Old West – constantly trying to buck investors out of the saddle – as many in the Precious Metals universe are calling an intermediate-term top for Gold. Some are even suggesting that we have seen the final top in this Historic Gold Bull. We have a completely different view maintaining that we are very close to the juncture where Gold starts another rip higher into May or June. Let me explain.Read full article... Read full article...
Monday, January 17, 2011
Panic Before the Herd and Win-Win with Silver! / Commodities / Gold and Silver 2011
Jerry Western with Lorimer Wilson write : A win-win situation, as we all know, occurs when opposing parties both gain from a certain outcome. Perhaps both don't always get all that they want but both 'win' something in the bargain. It's the best outcome that can be expected for both parties. With silver there is a lose-lose and a win-win scenario.
Read full article... Read full article...
Monday, January 17, 2011
Gold Speculation Hits Multi-Month Lows, "Correction May Last Longer" Says Faber / Commodities / Gold and Silver 2011
THE PRICE OF GOLD bounced vs. the Dollar in London on Monday morning, trading unchanged from Friday's 8-week closing low at $1361 per ounce as European stock markets and commodities also held flat.
With New York closed for Martin Luther King Day, US Treasury bonds were unchanged but the Dollar whipped around $1.33 to the Euro.
Sunday, January 16, 2011
Gold Bull Market … Far From Over / Commodities / Gold and Silver 2011
The bull market in Gold is entering its tenth consecutive year of a long term uptrend. In the entire history of the US stock market, 1885 – 2011, there has only been one long term uptrend that was longer. The thirteen year, 1987 – 2000, long term uptrend that led to the dotcom bubble in the late 1990′s. For many, this type of bull market in Gold will be a once in a lifetime event.
Read full article... Read full article...
Sunday, January 16, 2011
Is JPM Covering Up a Naked Silver Short Held By China As a Claim Against the Yanks? / Commodities / Gold and Silver 2011
I freely admit that I have no inside knowledge of what is happening behind the scenes in the metals markets. But I do have a sense that things just do not seem to make sense, and the facts do not appear to fit the situation without some stretching.
And this is one of those cases where my curiosity gets piqued. And so this seemed to be of interest to me as it might be to you.
Read full article... Read full article...