Category: Gold and Silver 2011
The analysis published under this category are as follows.Monday, June 13, 2011
Silver: The Fulcrum of Value / Commodities / Gold and Silver 2011
Pat Fields writes: A nonchalant comment I’d posted to a thread on Facebook (1) reflecting on a Zerohedge article (2) relating to bullion bank, Scotia Mocatta’s curious accounting for their silver holdings, sparked a small brush-fire of e-mails among a few folks. Particularly, it was my characterization of silver as having the analogical position of a fulcrum, providing a natural balance to the rational valuations of gold and copper and the further societal effect that this function imparts. Consequently, I received a note to request that I write this article, expanding further on these interconnections.
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Monday, June 13, 2011
Great Silver Crash of 2011 May Not Be Over / Commodities / Gold and Silver 2011
According to the calendar, Summer doldrums should now be taking hold of the financial markets. Perhaps this year, though, those hot day blues might be replaced with greater than normal excitement. We know some interesting events might take place.
First, QE-2 is scheduled to be completed by the end of the month. With no discernable positive effect on the U.S. economy from that program and U.S. Senate wisely blocking the filling of two Board seats at the Federal Reserve, QE-3 seems unlikely.
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Sunday, June 12, 2011
Gold Sideways Trend Suggests Topping Activity / Commodities / Gold and Silver 2011
Although it looks as if gold has been moving sideways for the past two weeks a closer look suggests a topping activity. This coming week should tell us if that is so or not. However, any short term reaction should not be a concern as the longer term picture still looks okay for new highs in the not too distant future. Read full article... Read full article...
Sunday, June 12, 2011
Gold, The Real Reason for the Fall of Dominique Strauss-Kahn / Commodities / Gold and Silver 2011
Requesting anonymity in return for speaking, senior French financial officials have disclosed their interpretation of why and how Dominique Strauss-Kahn known as "DSK" in France, fell suddenly from world power as head of the IMF. Cited on French blog sites, these officials see nothing less than a threat to world monetary stability and the integrity of the global economy, behind the dramatic sleaze operation that felled the woman-chasing, globetrotting freespender with a B-movie sting in a Manhattan hotel room.
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Sunday, June 12, 2011
The Real Gold Price / Commodities / Gold and Silver 2011
Each morning you turn to your favorite gold investment website to see the current gold price. What you see is the correct price, but in the currency of your choosing. There are two prices, the buy and sell price. You assume these prices allow the dealer to make an income from the difference. You assume that these prices are an accurate reflection of supply and demand.
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Sunday, June 12, 2011
Government Attacks on Gold Retailers and Student Loan Debtors / Commodities / Gold and Silver 2011
We have been writing here at The Dollar Vigilante for nearly one year exactly, this coming July 1st, about such things as getting your gold outside of the control of your own government and about how US student loans are an entrapment for, what we believe, will be military conscription.
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Saturday, June 11, 2011
Why Gold and Silver Are Not in a Bubble / Commodities / Gold and Silver 2011
Any thoughts of a bubble in precious metals is not pertinent at this time. As long as mining stocks are not in favor then any thoughts of a bubble are not applicable in the current situation. Mining stocks should be soaring in tandem with their brothers in bullion. Such is not the case. Miners are trading far below general market valuation. In past history during a bubble, mining stocks soared to hundreds of dollars a share at the same time as bullion.
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Saturday, June 11, 2011
Prepare for Gold and Silver Profit Opportunities in September / Commodities / Gold and Silver 2011
As the global economy remains in turmoil, Trader Tracks Editor Roger Wiegand finds ways to avoid the hazards he sees ahead and profit from opportunities in precious metals, commodities, currencies and resource stocks. In this exclusive interview with The Gold Report, Roger shares some names to help investors do the same. And, despite the hype, it isn't all clear sailing for China and the U.S. dollar isn't dead yet.
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Friday, June 10, 2011
Gold and Silver Negative Momentum to Continue? / Commodities / Gold and Silver 2011
Let’s begin today’s discussion with fresh Fed decisions and its implications on capital markets. Ben Bernanke sent a strong signal recently that despite weaker economic data, the US Federal Reserve is not planning to loosen monetary policy. He said that the recovery “appears to be proceeding at a moderate pace”, in other words, no QE3, at least not for now. Wall Street turned south, the 10-year Treasury yield eased back under 3 per cent and gold futures fell. In the last Premium Update before we knew what Bernanke planned to say, we said that it was a good idea to close long speculative positions in gold.
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Friday, June 10, 2011
Gold and Silver Summer Doldrums / Commodities / Gold and Silver 2011
Traders beware, the dreaded precious-metals summer doldrums are now upon us! Summers are barren sentiment wastelands for the entire PM complex. Gold, silver, and the PM stocks tend to grind listlessly sideways to lower, vexing traders who aren’t psychologically prepared to weather this slow season.
A variety of factors drive this phenomenon during the financial-market summers, which run from Memorial Day to Labor Day. The primary one is the same summer psychology that affects all the financial markets, vacation season. Traders flee the markets in droves during these lazy summer months, enjoying the bountiful sunlight, long warm days, and precious family time while their kids are out of school.
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Friday, June 10, 2011
Gold Top Soon Could Fool Bulls / Commodities / Gold and Silver 2011
First let me start by clarifying I've been a Gold Bull since November 2001 based on Elliott Wave patterns and currency concerns as well. Since that period nearly ten years ago, I have followed and forecasted the patterns in gold and have been amazed at the clearly definable trends both for large moves to the upside as well as corrective patterns.
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Friday, June 10, 2011
Gold Flat On Week, Euro Debt "Showdown...Still Bullish For Gold" / Commodities / Gold and Silver 2011
SPOT MARKET gold prices traded in a tight range around $1542 per ounce Friday morning London time – almost exactly where they started the week – while stocks and commodities fell and US Treasury bonds gained as Eurozone policymakers remained deadlocked over Greece's debt problems.Silver prices rose to $37.87 – a 4.4% gain on the week – before falling back towards lunchtime in London.
Friday, June 10, 2011
Gold Rises to Record £950.81 British Pounds an Ounce / Commodities / Gold and Silver 2011
Gold is trading at $1,540.44/oz, €1,065.02/oz and £944.82/oz.
Gold has risen to new record nominal highs in British pounds and is consolidating just below recent record nominal highs in U.S. dollars, euros and other currencies. The ECB’s rate decision and Trichet’s ‘signals’ saw the euro fall sharply against the dollar and against gold with gold in euro terms quickly rising from €1,050/oz to over €1,065/oz.
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Thursday, June 09, 2011
How I Know Another Gold Correction Is Coming / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: The gold price has been rising steadily for almost a year now, with nary a correction. It fell only 4% last month, and the biggest decline since last July was January’s 6.2% drop. These barely register as “corrections” when one considers that we’ve had 18 of them greater than 5% since the bull market began in 2001.
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Thursday, June 09, 2011
Gold Marginally Lower, Silver Showing Strength, Oil Rise Sharply Following Worst Ever OPEC Meeting / Commodities / Gold and Silver 2011
Gold is trading at $1,535.65/oz, €1,050.59/oz and £935.09/oz.
Gold is marginally lower while silver is showing strength again today after yesterday’s 'worst ever' OPEC meeting ended in disarray and saw oil prices surge. The ECB has kept rates on hold and markets await signals as to whether interest rates are set to rise sooner rather than later. Signs of an interest rate rise in July should see the euro and gold rally versus the dollar. The precious metals are also likely to be supported by further sharp falls in peripheral markets bonds, particularly Greece, this morning.
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Thursday, June 09, 2011
Gold Steady, Trading in Tight Range / Commodities / Gold and Silver 2011
THE U.S. DOLLAR gold price continued holding steady on Thursday morning, trading in a tight range around $1536 per ounce – 2.6% off May's spot market record high – while stocks and commodities rose ahead of UK and Eurozone interest rate announcements.
Silver prices gained to hit $37.23 per ounce – 2.7% up on the week so far.
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Thursday, June 09, 2011
Stocks, Financial Sector, Gold and Silver Key Technical Support and Resistance Levels / Commodities / Gold and Silver 2011
During the past 4 months we have seen the financial sector (banks) under selling pressure. With real estate prices continuing to fall and foreclosures picking up speed again investors have not been that interested in holding bank stocks. And we all know that without the financial sector moving higher we cannot expect the broad market to make any significant moves higher either.
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Thursday, June 09, 2011
Investor Silver and Gold Stocks Exposure Advised / Commodities / Gold and Silver 2011
Jason Mann's mission is simple. He comes to work every day looking for great values. Recently, he's been finding them in precious metals. Mann, a senior analyst with Freestone Capital Management based in Seattle, explains in this exclusive interview with The Gold Report why about one third of Freestone's $2.1 billion assets under management are invested in non-traditional assets, including commodities.
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Wednesday, June 08, 2011
The Million Dollar Gold Arbitrage / Commodities / Gold and Silver 2011
During the Civil War, an independent thinker from San Antonio named Edward Steves made a savvy business move that would forever change his fortune and that of his family for generations. He made a bet against a dying currency in favor of the only currency that has never failed.
Wednesday, June 08, 2011
Gold Falls Along With Stocks As Euro Faces First Debt Default / Commodities / Gold and Silver 2011
SPOT MARKET prices for gold bullion continued to fall Wednesday morning, dropping to $1533 per ounce – a 0.6% loss on the week – while stocks and commodities also fell and US Treasuries rose following Tuesday's speech by Federal Reserve chairman Ben Bernanke.
Silver prices also fell, falling to $36.17 per ounce – a few cents below where they started the week – as the single Euro currency touched new one-month highs near $1.47 despite fresh political wrangling over the latest Greek deficit crisis.
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