Category: Gold and Silver 2011
The analysis published under this category are as follows.Monday, October 17, 2011
The Illogical Gold Bull Market? / Commodities / Gold and Silver 2011
Nothing much to talk about in the markets yesterday.
We had been expecting a bigger sell-off in the price of gold. The metal went down, about $300 if we recall correctly, but not as much as we expected.
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Monday, October 17, 2011
Gold and Stock Rallies Fade, "We'll Solve the Crisis" say Euro Leader / Commodities / Gold and Silver 2011
THE SPOT MARKET Dollar price to Buy Gold rose to $1694 an ounce Monday morning – the highest level since September 23 – before dropping back to roughly where it ended last week.
"[A gold price of] $1,650 should remain as good support with sovereign and physical bids coming in at that level," reckons one London bullion dealer.
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Monday, October 17, 2011
Gold Trading in Hong Kong on 'Triple Demand' - China Positioning CNY as Reserve Currency / Commodities / Gold and Silver 2011
Gold is trading at USD 1,686.70, EUR 1,218.80, GBP 1,069.29, JPY 130,327.94, AUD 1,634.84 and CHF 1,506.12 per ounce.
Gold’s London AM fix this morning was USD 1,689.00, GBP 1,069.33 and EUR 1,217.65 per ounce.
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Sunday, October 16, 2011
The European Union and Silver / Commodities / Gold and Silver 2011
This was an amazing week! Besides the fact that we got to see some green on the board, the week was totally eclipsed by the latest off Broadway version of “The Mouse That Roared” as Slovakia took the world to the brink and for one bright shining moment held the fate of the world in its hands.
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Sunday, October 16, 2011
Gold Not Going Anywhere, Could Stumble Again / Commodities / Gold and Silver 2011
In the “good old days” gold would move $10 and that was something, now it moves $50 and it’s ho-hum. Although moving higher slowly it really is not going anywhere and unfortunately looks like it just might stumble.
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Saturday, October 15, 2011
Gold Opportunities Under the Mattress and in the Ground / Commodities / Gold and Silver 2011
According to Edward Karr, CEO of RAMPartners, the band is tuning up and the guests are just starting to arrive. Instead of selling before the party really gets going, he advises keeping a "decent percentage" of cash to take advantage of opportunities to buy both physical gold and junior mining stocks. His real bottom-line advice in this exclusive Gold Report interview? Tap into what makes you happy in life.
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Friday, October 14, 2011
Gold Vs. Miners: The Wrong Question, Part 2 / Commodities / Gold and Silver 2011
You don't need to be a gold-mining investor to wish gold would stop outperforming them soon...
WHATEVER you think of the gold price right now, gold mining stocks are a raging buy. Everyone says so. There's rarely been this strong a consensus since England were all set to beat France in last weekend's Rugby World Cup.
Friday, October 14, 2011
Gold, Gold, Gold… What About Silver? / Commodities / Gold and Silver 2011
No good news to deliver so far this year on the eurozone. Just this week Slovakia’s government became the first in the eurozone to fall over opposition of bailing out indebted economies after the country’s parliament voted down approval for enhancing the zone’s rescue fund. Also this week, Jean Claude Trichet, European Central Bank President, warned that Europe’s financial crisis has reached “a systemic dimension.” Greece has continued to dominate the headlines and is facing a fifth successive year of recession and a possible sovereign default.
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Friday, October 14, 2011
Gold Building a Base above $1650 / Commodities / Gold and Silver 2011
WHOLESALE prices for gold bullion climbed to $1679 an ounce Friday morning London time – 0.7% down on Wednesday's high for the week – before easing back, as industrial commodities rallied and stocks edged up, while government bond prices fell.
Silver bullion climbed to $32.31 per ounce – 3.6% up on last week's close – before it too fell back.
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Friday, October 14, 2011
Gold to Top $2,000 on Central Bank Buying: Chart of the Day / Commodities / Gold and Silver 2011
Gold is trading at USD 1,675.30, EUR 1,214.20, GBP 1,062.30, JPY 129,036.00, AUD 1,634.90 and CHF 1,503.70 per ounce.
Gold’s London AM fix this morning was USD 1,676.00, GBP 1,062.31 and EUR 1,214.31 per ounce.
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Friday, October 14, 2011
Will Gold and Silver Continue Their Run Up? / Commodities / Gold and Silver 2011
I had at least six emails today asking if the run in gold and silver were over. The answer is most definitely – Maybe!!!! My regular readers know that I have been predicting silver at $50.00 an ounce by year’s end. I believe that the drivers of gold and silver remain intact. The fact is that there is a sense that gold and silver has moved too far – too fast and as a result, people are not inclined to chase the trade.
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Thursday, October 13, 2011
Gold Vs. Miners: The Wrong Question, Part I / Commodities / Gold and Silver 2011
You want leverage in gold? Buy bullion. It keeps turning every 1% gain in gold mining stocks into a 2% rise...
SO WHY is it that gold mining stocks underperforming the metal so badly? "Gold stocks should be a levered bet on the price of gold...There has been a terrible underperfomance," as one UK forum posting said back in June.
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Thursday, October 13, 2011
New Gold, Silver Floor Price Floor, Should I Restructure My Portfolio / Commodities / Gold and Silver 2011
Many have contemplated adjusting their precious metal portfolios in light of the fall of the gold price from $1,900 to the current $1,600+ level. Many gold shares haven't performed as well as the gold price. Why? Will they in the future? Should investors hold just the metal, or will shares now outperform the gold and silver prices? What are the criteria for choosing a share in the precious metals, mining industry? How do I design my own portfolio to suit my investment goals and emotional tolerance?
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Thursday, October 13, 2011
Gold Drops Back from Week's High / Commodities / Gold and Silver 2011
WHOLESALE prices to buy gold dropped to $1667 an ounce Thursday morning London time – a 1.3% fall from the week's high set yesterday – while stocks and commodities also fell and US Treasury bonds rose following news that European banks may have to raise fresh capital.
Prices to buy silver dropped to $31.93 – still a 2.5% gain for the week so far.
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Thursday, October 13, 2011
Global Money Supply and Currency Debasement Driving Gold Higher / Commodities / Gold and Silver 2011
Gold is trading at USD 1,670.40, EUR 1,216.90, GBP 1,063.81, JPY 128,555.00, AUD 1,643.34 and CHF 1,500.20 per ounce.
Gold’s London AM fix this morning was USD 1,673.00, GBP 1,065.74 and EUR 1,218.05 per ounce.
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Thursday, October 13, 2011
Gold Signals The End… / Commodities / Gold and Silver 2011
Gold remains our best means of economic measurement. It is not a perfect or 100% consistent measure of wealth, but it is our best. Due to its monetary properties, gold can be used to measure wealth across generations. Just like we have the sun and moon to discern the times and seasons, I believe, we have gold to discern changes in wealth. It is interesting that the sun is often compared to gold, and the moon to silver. Just like a day in the Middle Ages is comparable to a day in this century, an ounce of gold in the Middle Ages is comparable to one today.
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Wednesday, October 12, 2011
Euroland and The Gold, Silver Price Rebound / Commodities / Gold and Silver 2011
An important reversal of focus, expectation, and direction has taken place in Europe. Put aside the sovereign debt mess that will not go away. It will not be fixed, despite all the effort and talk and deal making. They must prepare for a string of bank failures and a Greek default. Every solution executed or proposed or pending involves the same lunatic device of creating more debt or more money to solve a problem caused by too much credit creation and unchecked monetary creation. For 18 months the Euro had traded on the back of the European Central Bank monetary policy, on interest rate judgments and expectations.
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Wednesday, October 12, 2011
Gold Gains, ECB "Could Print Euros" to Fund Own Bailout / Commodities / Gold and Silver 2011
SPOT MARKET gold bullion prices climbed to $1687 an ounce Wednesday morning London time – their highest level since September 23 – as stocks and commodities also gained despite Slovakia's parliament voting against measures designed to promote Eurozone stability.
"Only a close back above $1684 will [see] the market shift neutral," write technical analysts at gold bullion dealing bank Scotia Mocatta.
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Wednesday, October 12, 2011
Gold Supported by Geopolitical Risks in Middle East and China, Currency and Trade War / Commodities / Gold and Silver 2011
Gold is trading at USD 1,684.20, EUR 1,221.90, GBP 1,068.81, JPY 129,103.00, AUD 1,663.34 and CHF 1,509.80 per ounce.
Gold’s London AM fix this morning was USD 1,687.00, GBP 1,070.36 and EUR 1,222.02 per ounce.
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Wednesday, October 12, 2011
Gold Not in a Bubble, On Its Way to $10,000 an Ounce / Commodities / Gold and Silver 2011
"Gold is not a financial asset to be compared with dot-com stocks or Miami condos and it is not a commodity like pork bellies or crude oil. It is the ultimate currency for the truly sophisticated wealth holder in a time of substantial unreserved credit promotion." ~ Paul Brodsky (Fund Manager)
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