Category: Gold and Silver 2011
The analysis published under this category are as follows.Saturday, September 24, 2011
Why did Gold and Silver Crash? What will the Fed do Next? / Commodities / Gold and Silver 2011
Many people have asked me to comment on the plunge in gold and silver. First let's take a look at the wrong answer: Case Closed: CME Hikes Gold, Silver, Copper Margins
And there you have it: CME just hiked gold margins by 21%, silver by 16% and copper by 18%. Mystery solved.Sorry Tyler, wrong answer. Read full article... Read full article...
Saturday, September 24, 2011
Explosive Moves in Gold, Silver, Oil, Dollar and Stocks, How to Catch The Next Move / Stock-Markets / Gold and Silver 2011
Technical video analysis for Gold, Silver, Oil, Dollar and the Stock market.
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Friday, September 23, 2011
Is Gold really a safe haven in times of crisis? / Commodities / Gold and Silver 2011
The price of gold varies inversely with certainty. The more uncertain the environment, the higher the price of gold because people will scramble for gold as a hedge against uncertainty. However, certain events for the past two weeks have baffled many of us. A couple of weeks ago, when Switzerland pegged its CHR (Swiss Franc) at 1.20 to the Euro, it immediately devalued its currency by about 8%. Since then, the Swiss Franc often viewed as the safe haven among other currencies, has lost its luster.
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Friday, September 23, 2011
Gold and Silver Plunge along with Stocks amid "Full Blown Recession" Fears / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices fell again on Friday, falling to a seven-week low below $1700 as world stock markets continued to slump – as did industrial commodities – while the zero-yielding Dollar and Yen currencies continued to rally.
Ministers of the G20 group began their weekend meeting to address the Euro crisis. This Sunday marks the 80th anniversary of Great Britain being forced to formally abandon the Gold Standard in 1931.
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Friday, September 23, 2011
Diversify Out of Gold, Silver Developing a Serious Problem / Commodities / Gold and Silver 2011
Captain of the ship spoke sternly to the Chief Steward, "Red chairs on the port side, and blue ones on starboard." Such started a typical, icy cold morning on the Titanic. We imagine that the Chairman of the Federal Reserve likewise spoke sternly this week to the committee, "We will buy some blue ones and sell some red ones."
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Friday, September 23, 2011
Is This How the Gold Bull Market Ends? / Commodities / Gold and Silver 2011
Remember Lehmans? Even the smart people get whacked in a financial crash...
PEOPLE THINK the gold price always goes up in a crisis, right until they find out it doesn't. And the reason that this now feels so much like the Lehmans collapse of three years ago is that, looking at the numbers alone, you'd think it was autumn 2008.
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Thursday, September 22, 2011
Gold Wave 4 Correction Continues / Commodities / Gold and Silver 2011
I got a bit of hate e-mail over the last few weeks from the Gold Bugs who thought I didn’t know what I was talking about when I forecasted a multi-month consolidation and correction in Gold was imminent. I’ve written ad nauseum about crowd behavioral patterns as they related to both stock markets and precious metals. It should not come as a surprise that Gold is continuing to drop after a 34 Fibonacci month rally from $681 to $1910 per ounce. That rally came in five clear Elliott Waves and ended with a parabolic race to the top. I consistently warned my subscribers and readers of my articles about not being caught holding the bag and to take defensive measures.
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Thursday, September 22, 2011
What a Major Banking Crisis Would Do To the Gold Price? Part II / Commodities / Gold and Silver 2011
In the first part of this series of articles we pointed out the developing banking crisis and why we felt that was happening. When and how gold will have a central bank-approved role depends on the political agenda on both sides of the Atlantic. Commercial banks are already harnessing their gold to lower the cost and availability of international loans! Since the first part of this essay, there have been dramatic banking developments. Each of these has brought gold close to the day when it will have an active role in the global monetary system.
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Thursday, September 22, 2011
Gold and Stocks Plunge, Dollar and Govt. Bonds Rally, Fed "Setting Up for More QE" / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices dropped to $1739 an ounce Thursday lunchtime in London – a 4.1% fall in less than 24 hours – as stocks and commodities also fell heavily following Wednesday night's announcement by the US Federal Reserve.
Silver prices dropped to $37.22 an ounce – 8.4% off yesterday's high – while major government bonds and the US Dollar saw strong gains.
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Thursday, September 22, 2011
Gold and Stocks Fall on FOMC Disappointment / Commodities / Gold and Silver 2011
Gold is trading at USD 1,752.70, EUR 1,304.87, GBP 1,137.30, JPY 133,736.30, AUD 1,785.46 and CHF 1,609.01 per ounce.
Gold’s London AM fix this morning was USD 1,765.50, EUR 1,310.40, and GBP 1,144.35 per ounce.
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Wednesday, September 21, 2011
What is the Mining Industry Forecasting for Gold? / Commodities / Gold and Silver 2011
Sunday, the 2011 Denver Gold Forum officially started. The conference is the world’s premier precious metals investment conference, and takes place at The Broadmoor Hotel and Resort in Colorado Springs. The conference features more than 150 international senior and emerging producers of gold (NYSE:GLD), silver (NYSE:SLV), and other precious metals (NYSE:DBP).
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Wednesday, September 21, 2011
Gold Drops Back through $1800 as Bank of England Primes Public for QE2 / Commodities / Gold and Silver 2011
THE DOLLAR gold price fell to $1789 an ounce Wednesday lunchtime in London – still a 1% gain on yesterday's low – while European stocks also fell as investors and policymakers weigh up their response to a sluggish growth outlook.
"The risk remains for another drop towards last week's low of $1763," say technical analysts at bullion bank Scotia Mocatta.
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Wednesday, September 21, 2011
Indian Rupee vs. Silver / Commodities / Gold and Silver 2011
Investors shouldn’t forget one of the best sources of demand for silver and gold—India. Gold was always a historically important commodity in India, where it’s seen as a store of wealth. Silver, on the other hand, rose mostly as a necessary “poor man’s” entry into precious metals, which have risen far faster than wages in most of the emerging market economies.
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Wednesday, September 21, 2011
Gold and Silver Investment Opportunity / Commodities / Gold and Silver 2011
Plenty of reasons to be cautious were flagged up in today's "Bubble or Not?" debate...
LOTS MORE to share from the second and last day of this year's LBMA Annual Conference here in Montreal. But the red-eye for London won't wait, not with Air Canada cabin staff starting a strike at midnight.
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Wednesday, September 21, 2011
Gold GDX Has Given Us a Nice Secondary Buy Point / Commodities / Gold and Silver 2011
There has been a growing numbers of investing experts have been declaring that gold is a bubble: an insanely overvalued asset whose price is bound to burst.
I believe that there is no basis for that opinion. Understanding why I feel this way can help point an investor toward clearer thinking about the frenzied precious metal markets.
Tuesday, September 20, 2011
Gold and Silver Miners Beginning To Outperform Bullion / Commodities / Gold and Silver 2011
There has been short term profit taking in gold over the past few weeks as investors return to an oversold equity market. Make no mistake such a development is temporary and healthy as GST believes gold prices will make it back to the $1900+ area.It is important that our comments be clearly understood. As the Gold ETF(GLD) hit our overbought targets we moved laterally into our mining selections, which were just on the cusp of upside breakouts after several months of consolidation.
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Tuesday, September 20, 2011
Gold Rallies from 2% Fall, Italian Downgrade shows Eurozone Leaders are "Asleep at the Wheel" / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices rose to $1795 per ounce Tuesday morning in London – still 0.9% down for the week – while stock and commodity markets also gained despite yesterday's news of an Italian credit rating downgrade.
A day earlier, US stock markets fell, while gold prices lost 2% in less than hour.
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Tuesday, September 20, 2011
Gold Gains as Credit Rating Agencies Flag an "Italian Job" / Commodities / Gold and Silver 2011
Gold is trading at USD 1,793.84, EUR 1,309.37, GBP 1,140.96, JPY 137,101.40, AUD 1,742.44 and CHF 1,577.91 per ounce.
Gold’s London AM fix this morning was USD 1,792, EUR 1,309.37, and GBP 1,142.27 per ounce.
Yesterday’s AM fix was USD 1,817, EUR 1,332.31, and GBP 1,155.56 per ounce.
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Tuesday, September 20, 2011
Perfect Storm Creates Tidal Wave of Gold Demand / Commodities / Gold and Silver 2011
A few weeks ago we held our Case for Investing in Gold webcast with the World Gold Council’s (WGC) Jason Toussaint, who gave some remarkable insight into gold demand in the East. In these countries, gold is not only celebrated, acquired, worn or displayed during holidays or special occasions; it is seen as an everyday symbol of wealth.
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Tuesday, September 20, 2011
The last decade has seen tectonic shifts in the global gold market... / Commodities / Gold and Silver 2011
TEN YEARS into the current bull market in gold, enquiring minds are gathered here in Montreal (along with a good number of traders, too) to ask how did we get here? What's driving the price higher? And how much further might there still be?
"History [is] a guide to the future," said Pierre Lassonde, chairman of the $5 billion Franco-Nevada Gold Corporation to the London Bullion Market Association's annual conference, here at Le Sheraton Hotel this morning.
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