Category: Gold and Silver 2011
The analysis published under this category are as follows.Monday, October 24, 2011
The Eurozone Wags the Gold and Silver Dog / Commodities / Gold and Silver 2011
If Greece defaults and the European situation begins to spin out of control where will money flow? It would not make sense for market participants to buy Euro’s during a default regardless of whether the default it structured or not. In fact, it is more likely that European central banks and businesses would be looking to either hedge their Euro exposure or convert their cash positions to another currency all together.
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Monday, October 24, 2011
The Slippery Slope of Sliver / Commodities / Gold and Silver 2011
Silver has taken some serious beatings lately, but there seems to be a renewed optimism in the market place towards the white metal as Bloomberg reported that
Read full article... Read full article..."Investors for now are getting more bullish. As well as adding to ETP [Exchange-Traded Product] holdings, they are also buying bullion coins, with the U.S. Mint selling 4.46 million ounces of American Eagles in September, the most since January.
....Combined assets in ETPs rose 4.8 percent to 17,515 metric tons since mid-July, equal to almost nine months of mine production, the data show.
Monday, October 24, 2011
Why the Gold Price is Ripe for a HUGE Rally Soon / Commodities / Gold and Silver 2011
For centuries, gold has been recognized as one of the best way to preserve one’s wealth and maintaining its purchasing power. Even in ancient times during the Egyptians and Greeks rule, gold has served its purpose for not only for its beauty but also for the function being a means of exchange and also its power to change one’s life. As with anything that has any value attached to it, there will always be ups and downs in its price discovery mechanism.
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Sunday, October 23, 2011
Investment Approaches to the Volatile Gold and Silver / Commodities / Gold and Silver 2011
For this special report from the Cambridge House Silver Summit in Spokane, Washington, The Gold Report caught up with three silver investing experts: James Turk, chairman of GoldMoney; Andrew Kaip, vice president of Precious Metals & Mining at BMO Capital Markets; and Ian McAvity, a writer at Deliberations on World Markets. While the three didn't all agree on why silver acts the way it does, they all said that it belongs in some form in a diversified portfolio—but only for those who can handle volatility.
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Saturday, October 22, 2011
What’s Going On With Gold? / Commodities / Gold and Silver 2011
After a four-day losing streak, gold prices finally broke to the upside as the US dollar weakened. Early Friday morning, gold futures for December delivery gained $37 to reach $1,650. Meanwhile, silver futures climbed more than $1 to hit $31.50. Not only has Europe been keeping equities on edge, but also precious metals. Massive sovereign debts, along with a constant flow of conflicting headlines, have given the US dollar some newfound strength. This recent strength has been one of the factors weighing on gold and silver prices.
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Saturday, October 22, 2011
Algorithms, Bullion and Criminals: The ABC’s of Understanding Gold and Silver / Commodities / Gold and Silver 2011
At the link to the S.E.C. below – there is an archive of “fails to deliver equity” data whose original source is the DTCC [Depository Trust Clearing Corporation].
http://www.sec.gov/foia/docs/failsdata.htm
What is presented below is an analysis of September 2011 “fails to deliver” equities which are understood to represent physical gold and silver bullion in the market place. The individual instruments are aggregated on a coloured, daily gross ounce basis to show the serial and systemic nature of the DRAMATIC SHELL-GAME build in [naked] short ounce equivalents – which, when one considers the Jeffrey Christian Constant. It was back in March, 2010 – at CFTC hearings in Washington that expert testimony was given by C.P.M. Group Chairman, Jeffrey Christian where he explained,
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Friday, October 21, 2011
Gold Bullish Outlook Remains Despite Declines / Commodities / Gold and Silver 2011
Whenever gold prices rise or decline the headlines give a flavor-of-the-week reason—the dollar is up, the dollar is down, the eurozone is in trouble, it’s the latest jobs report, etc. There is no doubt that global economic conditions are inter-related and that a “butterfly flapping its wings” in one part of the world can effect gold prices. This week was no exception. This week’s decline was partly explained by news out of China. The Chinese economy, the second largest in the world, expanded by only 9.1 per cent in the third quarter, down from 9.5 per cent in the second quarter and 9.7 per cent in the first three months of the year. This is a growth rate that all countries on the planet would give their eye teeth to find in their fortune cookie. But for China it was the slowest growth since 2009. This prompted fears that the world's economic engine will slow down eating into demand for exporting countries.
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Friday, October 21, 2011
Gold Headed for Weekly Loss, Eurozone Plan Lacks Concreteness / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices climbed to $1637 an ounce Friday lunchtime in London – 2.0% up on this week's low – while stocks and commodities also rallied despite ongoing uncertainty over plans to solve the Eurozone crisis.
"Gold is starting to garner some interest as some participants start to view current prices as good entry levels," says Marc Ground, commodities strategist at Standard Bank.
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Friday, October 21, 2011
US Money Supply Surges Surges 33%, Gold Heading for $10,000/oz? / Commodities / Gold and Silver 2011
Gold is trading at USD 1,623.80, EUR 1,177.95, GBP 1,027.01, JPY 124,535.72, AUD 1587.39 and CNY 10,354 per ounce.
Gold’s London AM fix this morning was USD 1,623.00, GBP 1,027.02 and EUR 1178.14 per ounce.
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Friday, October 21, 2011
Gold Price Fundamental Trend Forecast 2012 / Commodities / Gold and Silver 2011
If the fundamental value of gold measured in US-Dollars wasn’t a mystery before; then the past few weeks have added another dimension to the confusion.
Supposedly gold is a “safe haven”, so when the rumors of Armageddon started circulating about the Euro, the price “ought” to have gone up? It didn’t, it went down…by 20%...so much for that theory. Is the latest story that the Euro-refugees figured the 10-Year Treasury was a better bet than gold…even after the downgrade?
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Friday, October 21, 2011
Silver at Crossroads, Analysis Suggests Should Go Much Higher / Commodities / Gold and Silver 2011
Below, is my latest update to subscribers of my Premium service (14 October 2011)In a previous update on silver, I illustrated the high correlation between how gold and silver trades. Importantly, how they trade similar, at similar milestones, despite the fact that those milestones might be reached at different times.
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Thursday, October 20, 2011
Gold Plummets, "Disappointing" Euro Leaders "Won't Fool Markets for Long" / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices fell to $1610 an ounce in Thursday's Asian trade – a 4.2% loss on the week so far – while stocks and commodities also sold off as reports emerged of a split between France and Germany over how to tackle the debt crisis.
Silver prices fell to $30.55 per ounce – 5.2% down for the week.
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Thursday, October 20, 2011
Gold and Silver Opportunities in Turbulent Times / Commodities / Gold and Silver 2011
Marshall Auerback of Pinetree Capital believes investors get maximum valuation during periods of turbulence and fear. In this exclusive interview with The Gold Report, he explains why the economy is in better shape than it seems and shares the names of eight gold companies and two silver companies poised to take off.
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Wednesday, October 19, 2011
Reasons Why Some Analysts are Predicting Lower Gold and Silver Prices Ahead. (Not me!) / Commodities / Gold and Silver 2011
With all of the money printing that is going on worldwide, it beats me why a number of analysts are predicting that the price of gold and silver is going to fall, after gold has just corrected by 19% and silver by 40%.
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Tuesday, October 18, 2011
UK Inflation Rises Again to 5.2% - Ultra Loose Monetary Policy May Lead to Stagflation / Commodities / Gold and Silver 2011
Gold is trading at USD 1,656.50, EUR 1,211.20, GBP 1,054.00, JPY 127,093.00, AUD 1,634.70 and CHF 1,494.10 per ounce.
Gold’s London AM fix this morning was USD 1,658.00, GBP 1,054.64 and EUR 1,211.19 per ounce.
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Tuesday, October 18, 2011
Alternative Misery Index Drives Gold Demand / Commodities / Gold and Silver 2011
Misery loves company, and particularly the company, comfort and security of gold. Since the financial breakdown of 2008, the Misery Index -- unemployment and inflation added together -- has been in a steep upward trajectory, so has the demand for gold coins and bullion.
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Monday, October 17, 2011
Will Weak Bank Earnings Force Investors into Gold? / Commodities / Gold and Silver 2011
Early Monday, gold climbed to a three-week high as global noise continues to confuse investors. Gold and silver both turned in strong performances last week as the US dollar came off its highs due to progress made in Europe. Over the weekend though, Germany decided to clear the air on the bailout euphoria.
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Monday, October 17, 2011
Which Gold Miners Have Largest Upside? Buyouts Crystallize Value in the Market / Commodities / Gold and Silver 2011
There’s value in the market. That’s the message the market is sending through the recent strategic acquisitions in the energy and gold mining spaces.
Last week it was announced that Sinopec, a large Chinese oil and gas company, is purchasing Canadian energy company Daylight Energy for $2.1 billion in cash. The deal was struck at a whopping 120 percent premium to Daylight’s share price prior to the announcement and a 43.6 percent premium over the 60-day weighted average price, according to Reuters.
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Monday, October 17, 2011
Silver's Savage Correction Appears to be Complete / Commodities / Gold and Silver 2011
Silver’s 3-wave A-B-C correction is believed to be complete, with the savage A and C waves serving to both flush out and wipe out Large and Small Specs and transfer their assets to Big Money interests. Like gold its suspected bear Pennant of a week ago now looks more like a completing base pattern, and also like gold it has risen to arrive at an important resistance level which is centered on $33.
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Monday, October 17, 2011
Gold Breakdown to Provide Final Opportunity to Load Up Ahead of Major Rally / Commodities / Gold and Silver 2011
News has come in that "Germany and France are spearheading a multi-trillion dollar “shock and awe” programme expected to be agreed next weekend and presented the following week at the G20 summit in Cannes. The international community may provide further support after the G20 agreed that the IMF should “consider new ways to provide on a case by case basis short-term liquidity to countries facing systemic shocks”.
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