Category: Gold and Silver 2011
The analysis published under this category are as follows.Monday, December 05, 2011
Are Gold and Silver Waiting on Another Catalyst? / Commodities / Gold and Silver 2011
Last week, gold futures for December delivery increased 3.6%, while silver futures gained 5.1%. The catalyst for the gains came from central banks agreeing to make dollar borrowing cheaper for the euro zone. Currently, gold and silver are holding onto gains as investors wait for another catalyst.
Read full article... Read full article...
Monday, December 05, 2011
Gold’s 4th Wave Consolidation Nears Completion and Breakout / Commodities / Gold and Silver 2011
Back in August with Gold running to parabolic wave 3 sentiment induced highs, I warned of a major top and multi-month correction. We all know that the fundamentals for the shiny metal are stronger than ever, but you must keep in mind that the market prices all that in well l in advance. Coupled with excessively bullish sentiment that was capped off by a USA Today cover with Gold on it, it was easy to see a major sentiment correction and therefore price decline was at hand.
Read full article... Read full article...
Monday, December 05, 2011
Gold Limbering Up to Breakout Upside from Consolidation Triangle / Commodities / Gold and Silver 2011
It is now evident that the gold price has been trapped in a narrowing trading range since its early September pre-plunge peak - a Symmetrical Triangle. This type of Triangle, which indicates a state of collective indecision, can lead to a breakout in either direction, depending on what fundamental developments ensue. The main reason that this large standoff pattern has developed at this juncture, in addition to that of an overbought condition having developed that needed correcting, is that the market has been unable to determine which of the primary economic conditions of deflation or inflation is set to take precedence.
Read full article... Read full article...
Monday, December 05, 2011
Silver Price at Good Entry Point for Major Up-trend / Commodities / Gold and Silver 2011
With Europe teetering on the verge of collapse, the world has been teetering on the verge of a deflationary implosion, and it still is. That is the reason for the recent severe downdraft in the markets. What is believed to be happening now is that the global banking elites, who ARE the de facto government in many countries, like the US, are scrambling to prevent the collapse of their European division. The stakes are immense - if they succeed they "will kick the can down the road" and push all or much of the banks' bad debts off onto the electorate and taxpayers via austerity measures, bailouts and tax hikes and the course will be set for a hyperinflationary depression, if they fail then we will see the more immediately dramatic and much feared deflationary implosion.
Read full article... Read full article...
Monday, December 05, 2011
Indian Dealers Seeing "Virtually No Demand for Gold" Despite Wedding Season / Commodities / Gold and Silver 2011
THE DOLLAR gold price fell to $1731 per ounce by Monday lunchtime – 0.8% below where it ended last week – while stocks and commodities edged higher and US Treasury bond prices fell ahead of a meeting between the leaders of France and Germany in Paris.
"There is likely to be a fair amount of volatility on the political front this week," warns Nic Brown, head of commodities research at Natixis.
Read full article... Read full article...
Monday, December 05, 2011
Gold to House Prices Ratio May Plunge / Commodities / Gold and Silver 2011
Increased volatility of the ratio is possible, due to financialization.
Understanding PHYSICAL gold at this juncture is critical to preserving your networth.
Read full article... Read full article...
Monday, December 05, 2011
Silver Forecast To Follow Gold And Double Its 1980 High At Least / Commodities / Gold and Silver 2011
It is well established that there is a high correlation between how the price of gold and silver trades. Thanks to this relationship between gold and silver, one is able to use historical trading data of the one good, in order to project what may happen to the price of the other.
Monday, December 05, 2011
Silver Ready For Take-Off? / Commodities / Gold and Silver 2011
After a very turbulent year, silver now looks set to take off again. In this article I will tell you why I think so.
First of all, let’s look at the Commitment Of Traders reports. Commercials have yet again reduced their Net Short position in Silver, which is now close to the low of 2003 at the beginning of the Bull Market. Commercials are generally seen as the “smart money”, so if they reduce their Net Short Position, they expext price to rise (or at least not drop substantially).
Read full article... Read full article...
Monday, December 05, 2011
Does Gold’s Correlation with Stocks Mean that it’s No Longer a Safe Haven? / Commodities / Gold and Silver 2011
In this article we examine the current and past relationship between gold and the S&P 500 index and whether or not gold still remains a “safe haven”. In the past gold has often had a low positive relationship with the S&P, with that relationship trending negative in times of economic turbulence (hence gold’s safe haven status) but that trend has not held over the past 10 weeks. We aim to answer the implications this has for gold in the future.
Read full article... Read full article...
Saturday, December 03, 2011
Another Reason Silver Prices Could Roar Higher / Commodities / Gold and Silver 2011
Friday, December 02, 2011
Saving Gold, Old reliable stands tall in crisis atmosphere / Commodities / Gold and Silver 2011
The United States has become a nation of savers. Where once the money management mantra was "invest it and retire wealthy," it is now "save it or lose it" -- a healthy reaction to the chaos, greed and notable lack of safety in traditional investments including those sponsored by Wall Street's financial firms. Retirement plans and pensions are in trouble. The fear is that individual savings could disappear overnight in a general financial system meltdown. Overriding all is a sense that things are going to get worse before they get better and that the time has come to take matters into one's own hands.
Read full article... Read full article...
Friday, December 02, 2011
Explaining Central Banks' Gold Purchases / Commodities / Gold and Silver 2011
The last two years marked a significant shift in central banks' attitudes toward gold. Since 1988, central banks have been net sellers of the precious metal. Lacking convertibility of their paper currencies into the commodity, this occurrence makes perfect sense. Why hold a physical asset with costly storage fees when there is no risk that it will ever be needed? Better to hold an interest-bearing (and easily stored) asset like a government security to earn a profit in the interim. So goes the typical explanation for why central banks load their balance sheets with financial assets instead of physical ones.
Read full article... Read full article...
Friday, December 02, 2011
Why is Gold Finding Support At This Level? / Commodities / Gold and Silver 2011
After a 20% fall in September, the technical picture for gold is improving. In September, gold touched a record nominal high just above $1,920, but quickly fell to about $1,540. The move scared speculators and offered a great buying opportunity for those wishing to invest in gold. Now, gold prices have recovered to $1,750. The recovery has been fueled by monetary easing actions and strong buying support across the board.
Read full article... Read full article...
Friday, December 02, 2011
Gold and Silver Gain After Central Banks Launch Helicopters / Commodities / Gold and Silver 2011
The markets are roaring today. The Dow is surging more than 3%, while gold and silver gain nearly 2%. There is an abundance of news fueling today’s rally. Most importantly for precious metal investors, central banks prove once again they are willing to provide stimulus to the global financial market.
Read full article... Read full article...
Friday, December 02, 2011
Bank of England Gives "Systemic Crisis" Warning, Merkel says Eurozone "Will Take Years" to Solve Debt Problem / Commodities / Gold and Silver 2011
U.S.DOLLAR Gold Bullion prices eased back from a week's high of $1760 an ounce Friday lunchtime in London – straight after the publication of US jobs data – before appearing to bounce off $1750.
Silver prices also fell back, after hitting a week's high of $33.67 per ounce.
Read full article... Read full article...
Friday, December 02, 2011
Bank of Korea Increases Gold Reserves by Massive Nearly $1 Billion or 39% in November Alone / Commodities / Gold and Silver 2011
Gold is trading at USD 1,752.90, EUR 1,298.30, GBP 1,116.10, CHF 1,604, JPY 136,700 and AUD 1,706.4 per ounce.
Gold’s London AM fix this morning was USD 1,751.00, GBP 1,116.50, and EUR 1,298.29 per ounce.
Yesterday's AM fix was USD 1,750.00, GBP 1,113.02, and EUR 1,298.03 per ounce.
Read full article... Read full article...
Friday, December 02, 2011
Gold Putting a Gleam in Your IRA / Commodities / Gold and Silver 2011
You likely have seen invitations to open a "Gold IRA" or something with a similar name. Perhaps you should, but before you do, think about why an Individual Retirement Account might or might not be a good place to hold gold. That may tell you something about the best way to introduce gold into your IRA.
Read full article... Read full article...
Friday, December 02, 2011
Gold and Silver Gain After Central Banks Launch Helicopters / Commodities / Gold and Silver 2011
The markets are roaring today. The Dow is surging more than 3%, while gold and silver gain nearly 2%. There is an abundance of news fueling today’s rally. Most importantly for precious metal investors, central banks prove once again they are willing to provide stimulus to the global financial market.
Read full article... Read full article...
Friday, December 02, 2011
Gold Silver Ratio Jumps, ECB Points to Deflation Risk / Commodities / Gold and Silver 2011
WHOLESALE PRICES in the gold investing market continued to rise Thursday morning in London, extending yesterday's 2.8% jump after the world's biggest central banks offered unlimited short-term loans to their local banking sectors.
Crude oil also held near two-week highs after the United Kingdom called for "international financial isolation" of Iran following this week's attack on its embassy in Tehran.
Thursday, December 01, 2011
Is Gold Price Parabolic Blow Off Long Due? / Commodities / Gold and Silver 2011
The last three major bull markets of the Dow have been followed by a bull market in gold. This is no coincidence, since these massive bull markets have been mostly driven by the huge expansion of the money supply. When this expansion of credit is exhausted, the confidence in all things (like stocks) inflated by this expansion of credit fails, causing a massive rush to gold.
Read full article... Read full article...