Category: Gold and Silver 2011
The analysis published under this category are as follows.
Friday, October 28, 2011
Gold Returns to Form, China Considers "Strategic Opportunities" of Bailing Out Europe / Commodities / Gold and Silver 2011
By: Ben_Traynor
SPOT MARKET gold prices touched a one-month high of $1752 an ounce during Asian trading on Friday – a 7.9% gain from the start of October – before falling back by lunchtime in London.
Stock and commodity markets edged lower and US Treasury bonds gained, as investors began to digest the implications of this week's Euro Summit deal.
Read full article... Read full article...
Friday, October 28, 2011
Buying Gold, A Golden Mistake Worth Repeating / Commodities / Gold and Silver 2011
By: Jeff_Clark
Jeff Clark, Casey Research writes: The following conversation took place between a friend's son and me; he's a bright but relatively young investor. He had purchased some gold based on some things I'd told his father. Shortly afterward, the price dropped hard. As you'll see, he was not very happy with my advice and said so in an email to me. So I called him...
Thursday, October 27, 2011
Gold Surges Higher as EU’s ‘Grand Plan’ Leads to More “Irrational Exuberance” and Prevents Contagion / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,722.10, EUR 1,228.20, GBP 1,076, JPY 130,520 , AUD 1,622.40 and 10,955 CNY per ounce.
Gold’s London AM fix this morning was USD 1,708.00, GBP 1,067.83 and EUR 1,219.74 per ounce.
Read full article... Read full article...
Thursday, October 27, 2011
Gold Gains as Eurozone Optimism "May Fade" Following Details / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE SPOT MARKET gold price rallied to $1725 an ounce Thursday lunchtime in London – 5.1% up from the start of the week – following a mid-morning dip.
Silver prices continued to see-saw around $33.50 per ounce – 6.7% up for the week so far.
Read full article... Read full article...
Thursday, October 27, 2011
Hands Off Germany's Gold!!! / Commodities / Gold and Silver 2011
By: Adrian_Ash
Gold still represents the ultimate form of payment. Why throw it away before the Euro collapses...?
"HANDS OFF!" shouts German newspaper Bild today. "Failed states are still going to get our gold," screams the tabloid's headline.
Read full article... Read full article...
Thursday, October 27, 2011
Bullish on Gold and Gold Stocks / Commodities / Gold and Silver 2011
By: The_Gold_Report
The end of 2011 is a golden opportunity to participate in an anticipated upside for mining equities, says Tocqueville Asset Management Senior Managing Director John Hathaway. We caught up to him at the Casey Research/Sprott Inc. Summit "When Money Dies" for this exclusive interview with The Gold Report. Hathaway predicted that once investors realize higher gold prices will stick, they will take a chance on the big upside waiting in the junior and senior space.
Thursday, October 27, 2011
Are Gold & Silver Investing Safe-Havens Again? / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
Over the past month, gold and silver have remained in a trading range. Gold had difficulties breaking through $1,700, while silver lost momentum as it rose near $33. However, recent developments such as Greece deadlocks and US debt worries have once again returned gold and silver to their rightful safe-haven status.
Read full article... Read full article...
Wednesday, October 26, 2011
Gold, Silver and Fraudulent Investor Traps / Commodities / Gold and Silver 2011
By: Jim_Willie_CB
The feverish positive sentiment has left the Gold & Silver market in the last two months. Raised margin requirements during falling prices alongside naked short ambushes in the COMEX, coupled with permitted asset damage from debt monetization conducted more in secrecy will always help to dampen enthusiasm. But with the billboard message on the European subway walls and boulevards and news magazines stating the obvious, that the European debt crisis has no solution, that Germany has no more checks to write in funding the bailouts, that Greece is set to default, that leaders in political spheres are opposed by bank leaders where the final decisions are made, the GOLD & SILVER PRICES ARE SET TO ZOOM. Only the dummies sold in the last round of ambushes and interrupted recoveries. The precious metals have suddenly awakened. The old defended range for the two metals was easily overrun as a splash of reality hit the market faces. A mad scramble is likely from here onto the end of year, as people realize that hyper-inflation is the solution on any massive bailout with clearer gigantic needs, and as people realize that a broad string of bank failures will drive gigantic flows into safer places since sovereign bonds will go from sacred to toxic. The powerful decline in September, down $200 in gold and down $10 in silver suddenly have presented a ripe easy recovery without resistance. A powerful reversal is near and coming. Many investors will rush back in, paying higher prices than where they unwisely sold. Many investors will rush in, seeing banks and government bonds as ugly options.
Wednesday, October 26, 2011
Gold Moving Opposite to Stocks Again / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold bullion prices rose to $1720 an ounce in Wednesday's Asian trade – the highest level for over a month – before easing back to around $1700 by lunchtime in London.
Silver bullion also gained, climbing to $33.95 – 13.3% above where it started the month.
Read full article... Read full article...
Wednesday, October 26, 2011
Gold Breaks Out and Consolidates Above $1,700/oz, Financial Alchemy Risks Severe Inflation / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,708.20, EUR 1,230.11, GBP 1,071.37, JPY 129,700, AUD 1,650 and CNY 10,864 per ounce.
Gold’s London AM fix this morning was USD 1,713.00, GBP 1,070.69 and EUR 1,229.54 per ounce.
Read full article... Read full article...
Wednesday, October 26, 2011
Fireworks in Europe Confirm that Gold and Silver are Still the Safe Havens / Commodities / Gold and Silver 2011
By: George_Maniere
Expecting good news from Europe today? Guess again. The market seemed to price in what they expect to hear tomorrow as the Dow fell 207 points to close at 11706, the S&P fell 25.14 points and closed at 1229.05 and the NASDAQ fell 61.02 points to close at 2638.42. While this seems like a drastic sell off we must remember that it was only one month ago that the S&P was putting in a bottom at 1100.
Wednesday, October 26, 2011
Gold and All Markets Volatile on Alarm Over Greek Economy / Commodities / Gold and Silver 2011
By: Ned_W_Schmidt
Sometimes the headlines say a lot more than the obvious. Below is the headline of the lead article for the Financial Times, 22 October 2011.
New Alarm Over Greek Economy Study says bail-out needs could reach €444bn 60% haircuts considered for bondholders
Read full article... Read full article...
Tuesday, October 25, 2011
Gartman: EU Debt Plan to Hurt Currencies - Buy Gold in USD, GBP and EUR as “Is a Currency” / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,662.10, EUR 1,191.70, GBP 1,038.50, JPY 126,592.0, AUD 1585 and CNY 10,572/oz.
Gold’s London AM fix this morning was USD 1,656.25, GBP 1,036.19 and EUR 1,187.96 per ounce.
Read full article... Read full article...
Tuesday, October 25, 2011
Gold Climbs as Euro Crisis Terrifies Markets / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR spot gold prices climbed to $1664 an ounce Tuesday morning London time – 1.8% off the month's high – while stocks and commodities also gained and US Treasury bonds fell, following reports that European negotiators are demanding larger Greek debt writedowns.
"Strong resistance is pegged...[at] the 100-day moving average of $1665," said yesterday's note from Swiss gold bullion refiner MKS.
Read full article... Read full article...
Tuesday, October 25, 2011
Gold to Average $1,900 Into 2012 / Commodities / Gold and Silver 2011
By: The_Gold_Report
With investors and hedge fund managers taking flight toward cash and larger-cap equities, and the European sovereign debt crisis still hanging fire, the market is in for a bumpy ride, but in this exclusive interview with The Gold Report, Jeff Wright, an analyst with Global Hunter Securities, foresees upward trends for gold.
Tuesday, October 25, 2011
Silver Waits to Begin Breakout / Commodities / Gold and Silver 2011
By: George_Maniere
To 250 million people in 51 countries in the world the word for money is the same word as the word for silver. Silver literally means money. According to Noble Laureate Milton Friedman the majority of monetary metal throughout history has been silver, not gold. Gold is the money of kings while silver is the money of gentlemen.
Tuesday, October 25, 2011
Does Caterpillar Build A Bullish Scenario for Gold & Silver? / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
On Monday morning, gold futures for December delivery climbed above $1,650, while silver futures closed in on $32. Gold and silver still remain in a trading range while markets wait on a European debt solution. Although many investors are focused on the Eurozone, we are in the midst of an earnings season. Investors should use this earnings season to sneak a peek at what companies are predicting for the global economy. One of the most telling earnings releases comes from Dow and S&P 500 component, Caterpillar.
Read full article... Read full article...
Monday, October 24, 2011
Gold Climbs, "We're Not There Yet" say Eurozone Leaders / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE SPOT MARKET gold price climbed to $1657 an ounce Monday morning London time – a 0.9% gain on last week's close – as markets digested the news from the first of this week's two European Union summits.
European stock markets failed to hold onto early gains – with Germany's DAX down 0.5% by lunchtime – while commodities edged up and US Treasury bond prices rose.
Read full article... Read full article...
Monday, October 24, 2011
Silver in Late Stages of Base Building / Commodities / Gold and Silver 2011
By: Clive_Maund
Over the past week silver has behaved as predicted in the last update, breaking down from its potential Pennant pattern and dropping gently back towards support in the $29 - $30 area, to enter our "accumulation zone" shown on its 4-month chart which turned it higher on Friday, and while the pattern could still be a bear Pennant with an amended lower boundary this is looking considerably less likely - it looks like the Pennant has aborted. It is thus thought that we are late in the base building process.
Read full article... Read full article...
Monday, October 24, 2011
Gold Aborts Bearish Pennant, Now Looks Strongly Bullish / Commodities / Gold and Silver 2011
By: Clive_Maund
Technically the picture for gold now looks strongly bullish. Action played out last week exactly as predicted in the last update with gold breaking down from its Pennant pattern AND ABORTING THE BEARISH IMPLICATIONS OF THE PENNANT, by dropping back modestly instead of plunging. It arrived back in our target zone near $1600 on Thursday and then reversed quite sharply to the upside on Friday. While nothing is guaranteed in this business and there is still a reduced chance of its being a Pennant with an amended lower boundary, this action implies that a positive QE-rich resolution of sorts of the acute problems in Europe is imminent, despite the severe and intractable problems there.