Category: Gold and Silver 2011
The analysis published under this category are as follows.Tuesday, October 11, 2011
Days Of Reckoning Are Here: Accumulate Gold, Silver and Hard Assets / Commodities / Gold and Silver 2011
We have alerted our subscribers on many occasions during the past two years that global credit downgrades of sovereign nations were inevitable. It does not take a prophet to have foreseen the turbulence in the global marketplace that we have witnessed since the expiration of QE2. Standard and Poor's cut the rating one level from AAA to AA+. This action sent shockwaves reverberating throughout the financial world as irrational investors sought U.S. treasuries for liquidity. These days of reckoning will be with us for a long time as investors flee from deteriorating paper after an artificially induced debt bubble to undervalued real wealth in the earth assets such as the gold(GDX) and silver miners(SIL).
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Tuesday, October 11, 2011
Gold Falls Back from Two-Week High on Euro Meeting Delay / Commodities / Gold and Silver 2011
THE SPOT MARKET gold price fell to $1655 an ounce Tuesday morning in London – a gain of 1% for the week so far – while stocks and commodities were mostly flat ahead of a Slovakian parliament vote that could potentially jeopardize efforts to tackle the Eurozone debt crisis.
Earlier on Tuesday the gold price hit its highest level in over a fortnight at $1685.
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Tuesday, October 11, 2011
Hedging With Gold Against Imminent Economic Collapse / Commodities / Gold and Silver 2011
After leaving the securities brokerage industry in 2009, Ian Gordon founded Longwave Analytics and Longwave Strategies to focus on protecting investors from what he believes is a global macroeconomic meltdown that is already underway. Gordon proposes that physical gold and certain gold stocks will be investors' best hedge and overall solution to the worst financial crisis the world has seen. In this exclusive interview with The Gold Report, Gordon shares his thoughts on the current economic mess and how investors can take action now.
The Gold Report: You founded this firm based on your long wave theory that is based on the Kondratieff Cycle. How is this same or different from Kondratieff?
Tuesday, October 11, 2011
Peak Silver Revisited: Impacts of a Global Depression, Declining Ore Grades & a Falling EROI / Commodities / Gold and Silver 2011
The world is about to peak in global silver production. This will not occur due to a lack of silver to mine, but rather as a result of the peaking of world energy resources, declining ore grades, and a falling Energy Returned On Invested – EROI. The information below will describe a future world that very few have forecasted and even less are prepared. This is an update to my previous article Peak Silver and Mining by a Falling EROI. In my first article I stated that global silver production may peak in 2009 if we were to enter a worldwide depression. We did not have the global depression as massive central bank printing and bailouts have thus far postponed the inevitable.
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Monday, October 10, 2011
The Eurozone Lights a Fire Under Gold and Silver / Commodities / Gold and Silver 2011
Just three months after passing a Euro stress test with flying colors, Belgium has agreed to buy the local consumer-lending unit of Dexia for 4 billion euros ($5.4 billion), and will guarantee 60% of a so-called bank to set up for Dexia’s troubled assets. The bailout was inevitable as European sovereign debt worries caused the bank’s short-term funding to vanish. Dexia’s agreement to nationalize its Belgian banking division and receive state guarantees paves the way for other eurozone governments to provide rescue packages to strengthen banking sectors.
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Monday, October 10, 2011
Gold Starts Week Strongly / Commodities / Gold and Silver 2011
WHOLESALE MARKET gold bullion prices climbed to $1670 an ounce Monday lunchtime in London – 2% up on last week's close – while stocks and commodities also rose and government bonds fell following a pledge by France and Germany to recapitalize Europe's banks.
Silver bullion rose to $32.37 – 3.8% up on where it ended last week.
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Monday, October 10, 2011
Gold At Major Crossroads / Commodities / Gold and Silver 2011
I think next week will mark a major turning point in the gold market. Depending on whether the dollar continues higher or turns back down we will either see a resumption of the D-Wave decline or this will just turn into a normal run-of-the-mill intermediate degree correction followed by another leg up in this 2 1/2 year C-wave advance.
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Sunday, October 09, 2011
Gold Failing to Break Higher, More Downside Ahead? / Commodities / Gold and Silver 2011
Ho-Hum! 50 points here, 50 points there but really not going anywhere. Gold can’t seem to get any upside steam. Is more downside ahead?
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Sunday, October 09, 2011
Gold Likely Heading Lower, Silver in a Bear Market / Commodities / Gold and Silver 2011
2011, quickly moving toward history book status, may be known more for what did not happen than what did. Hyperinflation may still be lurking, but for about the fourth year is yet to be seen. U.S. dollar should have been to zero, per the many popular forecasts, at least twice. Euro's imminent demise has been quietly rescheduled for 2012. Beginning of Silver's decade became instead the beginning of Silver Bear Market II. $Gold is not trading above $2,000. Guess that means $5,000 was not reached either. Fourth year in a row for the conspicuous absence of hurricanes in Florida. So much for weather gurus, climate change, Keynesian forecasters, and other forms of sorcery.
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Sunday, October 09, 2011
Gold Intermarket Insights / Commodities / Gold and Silver 2011
We analyze Gold charts by looking at Inter-market analysis for the month of October. This is an update from our August Gold analysis and September Gold analysis all of which had noticed the stalling Gold at 1888 before we issued our shorts to catch the trend move to 1603.
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Sunday, October 09, 2011
Inflation, Money Circulation Problems = Gangrenous Liquidity, Rising Gold Price / Commodities / Gold and Silver 2011
According to the Oxford Dictionary: - Inflation, the general increase of prices and fall in purchasing value of money. Deflation, reverse or reversal of inflation. Stagflation, state of inflation without the corresponding increase of demand and employment.
A situation arises where the quantity of money is not as important as how far its circulation reaches. It slowly becomes insufficient to buy the needs and wants of the population at the periphery of the economy.
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Sunday, October 09, 2011
Silver Suspected Bear Pennant Signaling Further Price Drop / Commodities / Gold and Silver 2011
It now looks like we were a little too bullish in the last update, for the way silver has acted over the past week suggests that another sharp drop is imminent before the dust finally settles on this reactive phase, that it likely to take it to or some way below its recent panic lows.
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Sunday, October 09, 2011
Gold Price Set to Drop into Aggressive Accumulation Zone / Commodities / Gold and Silver 2011
It now looks like we were a little too bullish in the last update, for the way gold has acted over the past week suggests that another sharp drop is imminent before the dust finally settles on this reactive phase, that it likely to take it to or some way below its recent panic lows.
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Sunday, October 09, 2011
Own U.S. Treasury Bonds or Gold and Silver? / Commodities / Gold and Silver 2011
The drop in price of gold and silver is because they are considered to be in a bubble. In my opinion a bubble is when the underlying asset trades in high volumes at prices that are inflated to their true values. There are economists that assert that asset prices often deviate from their intrinsic values. Because it is often difficult to determine what the intrinsic value of an asset is bubbles are often seen in retrospect like when sudden drops in prices appear. They are seen as a crash or a bubble burst. It is important to recognize that prices of a bubble can fluctuate erratically and make it impossible to predict from supply and demand alone.
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Saturday, October 08, 2011
Gold and Silver Stocks Bottom Materializing Right Now? / Commodities / Gold and Silver 2011
There are times when we need to have the courage of our convictions, even when we are losing money in the process. (That’s where the courage part comes in. Like Ernest Hemingway said: “Courage is grace under pressure.”) We are still bullish on the precious metals sector in both short- and long term. Although the whole sector moved lower again early this week, important support levels remained firm. Many of our readers are probably concerned, as it is easy to get emotional at times of uncertainty. This is why we need to underline that although mining stocks took a hit, we have not changed our mind about our long position. If the situation was very oversold before, now it is extremely oversold. We are of a view that the precious metals sector is forming a bottom. Such pullbacks are healthy as they indicate gold has much, much farther to go.
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Saturday, October 08, 2011
Finding Silver's Bottom! / Commodities / Gold and Silver 2011
Silver prices appear to have found a bottom at the $30.00 level, however, we are looking at a very short time period and such micro analysis can make monkeys out of us. A few months ago silver prices looked to have bottomed at the $34.00 level, but the ensuing rally was short lived and once again silver got clobbered. From a technical standpoint we can see that the RSI is now trending north and from a low level too, which gives it the room to move a little higher from this point and we view it as a positive indication. The MACD is also well and truly in the oversold zone and about to form a crossover which will be another positive indication of where silver prices are going next.
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Saturday, October 08, 2011
Surviving the Death of Money / Commodities / Gold and Silver 2011
When the currency system as we know it dies, some people will become very wealthy. In this special report from the Casey Research/Sprott Inc. Summit "When the Money Dies," The Gold Report cornered Global Resource Investments Founder and Chairman Rick Rule, Casey Research Senior Editor Louis James and Casey Energy Opportunities Senior Editor Marin Katusa for a roundtable discussion on the best strategies for thriving during the coming economic transition.
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Saturday, October 08, 2011
Gold Confiscation, Here's How it Could Happen and What to Do About It / Commodities / Gold and Silver 2011
David L Ganz is a prominent New York City attorney who specializes in precious metals and numismatic law. His wide-ranging biography includes advising several Congressional committees and commissions, including the Annual Assay Commission, life fellowship at the prestigious American Numismatic Society, past president of the American Numismatic Association, listing in Who's Who of American Law and the Order of St. Agatha (Commander) awarded by the Republic of San Marino. He has authored over 30 books and remains highly regarded as a consultant, writer and lawyer in the field of coins and precious metals both publicly and among his peers.
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Friday, October 07, 2011
Gold Gains on Week, Central Banks Should "Create and Inject More Money" to Fight "Worst Ever Crisis" / Commodities / Gold and Silver 2011
SPOT MARKET gold prices spiked 0.5% to $1661 an ounce – within 1% of this week's high – immediately following news of better-than-expected US jobs data on Friday. The gold price did however hand back all its gains within half an hour.
Stock markets and industrial commodities also rallied on the release of US nonfarm payrolls, which showed 103,000 nonagricultural jobs were created last month. Last month's report showed no jobs were added in August – though this has now been revised up to 57,000.
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Friday, October 07, 2011
Market Developments This Week Very Gold Bullish; Bears Focus on Price, Not Value / Commodities / Gold and Silver 2011
Gold is trading at USD 1,655.70, EUR 1,232.18, GBP 1,065.81, JPY 126,856.60, AUD 1,703.34 and CHF 1,523.38 per ounce.
Gold’s London AM fix this morning was USD 1,651.00, EUR 1,229.52, and GBP 1,063.10 per ounce.
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