Category: Gold and Silver 2011
The analysis published under this category are as follows.Tuesday, December 20, 2011
Are Investors Taking Advantage of Lower Gold Prices? / Commodities / Gold and Silver 2011
Last week, gold futures climbed 1.3 percent on Friday, but still posted a 6.9 percent loss for the week. It was the biggest decline for gold in three months. Some were quick to announce the gold bull market dead, but many investors disagree. Furthermore, actual demand for physical precious metals continue to show strength.
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Monday, December 19, 2011
Gold Bull or Bear? / Commodities / Gold and Silver 2011
Gold did something this week it had not done in three years, and had done only twice before since the bull market began in 2001. It completely retraced an entire uptrend. Amazing as that should sound, and it is, as I have never seen this kind of bullish action ever before, there is one potential bearish implication. While 2011 has been a difficult year for the equity markets with a lot of volatility and uncertainly. Gold has just thrown its OEW count into the same ring of fire. Tough year!
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Monday, December 19, 2011
Physical Demand "Will Determine Support for Gold" while Selloff was "Driven by Euro Weakness" / Commodities / Gold and Silver 2011
WHOLESALE MARKET gold bullion prices rose to $1607 an ounce Monday lunchtime in London – 0.5% up from last Friday's close – while European stocks and commodities were broadly flat and government bond prices eased.
Silver bullion meantime rose to $29.36 per ounce just ahead of New York's open – 1.2% down on last week's close.
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Monday, December 19, 2011
Implications of HSBC Gold Rehypothecation Lawsuit on Gold and Silver Prices / Commodities / Gold and Silver 2011
With less than an hour until gold and silver trading opens on the Globex, we will soon find out what, if any, HSBC's lawsuit against the MF Global trustee and Jason Fine has on gold and silver futures prices.Read full article... Read full article...
Sunday, December 18, 2011
Gold Downtrend Looks Like the Direction Ahead, Projections for 2012 / Commodities / Gold and Silver 2011
Ouch, that hurts. I could see a negative move in the works but I don’t think anyone expected a plunge like this past week. Friday upside move was very unimpressive so, although we might get a bounce here, the downside still looks like the direction ahead.
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Sunday, December 18, 2011
Curtains for the Silver Bull Market? / Commodities / Gold and Silver 2011
Some weeks ago in a Silver Market update we had noted that a large potential Head-and-Shoulders top area was completing in silver, but we got "thrown off the scent" by the positive Accum-Distrib line (now rapidly reversing) and the seemingly strongly bullish COT structure. In the light of the severe bearish breakdown by stocks indices last week this potential H&S top is now viewed as legitimate. Silver held up remarkably well last week considering what happened to gold, which is a straw that silver bulls are now clutching on to as evidence that silver is still in a bullmarket, but the reason that it held up so well is that it is close to a zone of strong support towards the lower boundary of the H&S top area. Once this support fails it's "curtains" for silver which can be expected to plunge into the high teens.
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Sunday, December 18, 2011
Why the Gold Price is Falling Far and Fast / Commodities / Gold and Silver 2011
Having fought a stalwart battle above $1,700 and having seen over $1,900 this year, gold has not done as so many analysts have believed it would and risen through $2,000. Instead, here we're headed down towards $1,500 to who knows where? The stress in the financial markets has not stimulated safe-haven gold buying but has instead weakened the euro and indirectly helped drag gold lower. Prices have fallen to a point where investors with longstanding positions are liquidating some of their holdings to secure profits and momentum-driven traders are selling heavily. At the same time stresses continue to be seen in the European interbank lending market as USD funding has become even more expensive as the year closes.
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Saturday, December 17, 2011
Liquidation of Customer Stored Gold and Silver Bullion From MF Global / Commodities / Gold and Silver 2011
The bottom line is that apparently some warehouses and bullion dealers are not a safe place to store your gold and silver, even if you hold a specific warehouse receipt. In an oligarchy, private ownership is merely a concept, subject to interpretation and confiscation.
Although the details and the individual perpetrators are yet to be disclosed, what is now painfully clear is that the CFTC and CME regulated futures system is defaulting on its obligations. This did not even happen in the big failures like Lehman and Bear Sterns in which the customer accounts were kept whole and transferred before the liquidation process.
Saturday, December 17, 2011
Will Moving Averages Deter Gold Investors? / Commodities / Gold and Silver 2011
Red has been the color of choice for gold and silver this week. On Wednesday, gold fell below $1,600 to close at its lowest level since September. Meanwhile, silver fell below its $30 support level. Although many were quick to declare the bull market in precious metals dead, many investors questioned the call, because the long-term fundamentals have not changed.
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Friday, December 16, 2011
Gold is on the Verge of Moving into Bubble Phase of the Bull Market / Commodities / Gold and Silver 2011
I know that during a correction of the magnitude we are seeing right now it seems more like the gold bull is dead than on the verge of moving into what I expect will be one of the greatest parabolic moves in history.
However, all of the conditions necessary to launch the bubble phase are now in place. Gold is in the process of putting in an intermediate degree bottom. That bottom, which is only days away if it didn't already happen today, is going to be the single greatest buying opportunity, probably of the decade.
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Friday, December 16, 2011
Gold Touches $1600 on Huge Physical Demand, Market Fears Sovereign Debt Downgrades / Commodities / Gold and Silver 2011
SPOT MARKET gold prices briefly touched $1600 an ounce Friday lunchtime in London – 2.3% up on this week's lows – while stocks and commodities were broadly flat compared to Thursday's closing prices.
"Physical market demand continues to improve," says Walter de Wet, commodities strategist at Standard Bank.
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Friday, December 16, 2011
Gold Oversold and “Buying Opportunity” as “Protection Against Currency Debasement” / Commodities / Gold and Silver 2011
Gold is trading at USD 1,599.20, EUR 1,222.20, GBP 1,028.30, CHF 1,498.40, JPY 124,340 and AUD 1,595.0 per ounce.
Gold’s London AM fix this morning was 1,589.50, GBP 1,022.84, and EUR 1,218.94 per ounce.
Yesterday's AM fix was USD 1,590.00, GBP 1,026.54 and EUR 1,223.64 per ounce.
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Friday, December 16, 2011
Gold And Silver Seasonal Trends / Commodities / Gold and Silver 2011
For market insights many investors focus on the “historical/backward” looking news but fail to realize other exceptionally powerful forces that are also at work; such as “Seasonal Trends”. We believe there is some validity to paying attention to the News events that can impact ones investments; however seasonal factors may provide a simpler and more reliable market insight.
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Friday, December 16, 2011
Somebody is Trying to Crash Gold and Silver / Commodities / Gold and Silver 2011
Mach M writes: Somebody is trying to crash Gold & Silver price which are the pillars of world economy because all the important informations say "world money will get invested into Gold & Silver".
Gold & Silver are hedge against inflation and if they do not get maximum money invested then a loaf on bread will cost $100,000.
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Friday, December 16, 2011
Gold and Silver Bargain Time / Commodities / Gold and Silver 2011
This is one of those times that we have inveighed about so often. It is a typical "COM" week where markets are designed to confuse, obfuscate and misdirect the players. All thirty DOW stocks and commodities were down as Europe and Bernanke disappointed the markets with what they did not do. The markets were looking for a morsel of guidance, what they got was further silence and ambiguity.
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Friday, December 16, 2011
GOLD Is STILL a BUY, These Charts Say It All / Commodities / Gold and Silver 2011
With what is happening with the price of gold these past few days it is imperative to take a look at the long and short of it all (the trends, that is). In doing so it shows that we are still very much in a long-term bull market but in a short-term (yes, short-term) bear market. Let's take a look at some charts that clearly outline where we are at and where we could well be going.
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Thursday, December 15, 2011
What Gold Supply Crunch? / Commodities / Gold and Silver 2011
Louis James, Casey Research writes: We have reported on changes in global gold demand, from booming investment demand in Asia to European and US debt concerns that have re-solidified gold's long tenure as the ultimate safe-haven asset for turbulent times. In fact, with investment demand from private and institutional buyers continuing to grow and central banks increasing their gold reserves, total demand reached a record US$57.7 billion in the third quarter of 2011. Quite astounding.
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Thursday, December 15, 2011
Where Is Silver Price Going? / Commodities / Gold and Silver 2011
Silver and gold are in the process of bottoming, and should rally very soon. The depth of the recent decline may be surprising; however, it does not signal the end of the bull market. The fundamentals for silver and gold are very strong, and it has not changed over the last couple of days
We are still using fiat money, as well as debt levels are still extremely high. The massive debts brought about by the debt-based monetary system, is not just going to go away. A few things have to happen before debt is brought to acceptable levels.
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Thursday, December 15, 2011
Gold Falls due to Re-Hypothecation, Counter Party, Liquidity and Contagion Risk / Commodities / Gold and Silver 2011
Gold is trading at USD 1,591.10, EUR 1,224.20, GBP 1,026.30, CHF 1,501.40, JPY 123,940 and AUD 1,602.0 per ounce.
Gold’s London AM fix this morning was 1,590.00, GBP 1,026.535 and EUR 1,223.64 per ounce.
Yesterday's AM fix was USD 1,635.00, GBP 1,055.32 and EUR 1,255.18 per ounce.
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Thursday, December 15, 2011
Gold – 2006 Similarities and Correction Over? / Commodities / Gold and Silver 2011
I guess a lot of people wet their pants last night, as gold was down over 4% at some point. The chart incurred technical damage over the short term, and if current support fails to hold, gold could be headed for about $1,440 (or the equivalent of $140 GLD), as we will discuss later on.
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