Category: Gold and Silver 2012
The analysis published under this category are as follows.Tuesday, March 27, 2012
Gold Nears $1,700 After Bernanke QE Hints / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,694.00, EUR 1,266.54, and GBP 1,059.55 per ounce. Yesterday's AM fix was USD 1,658.00, EUR 1,255.02 and GBP 1,047.91 per ounce.
Silver is trading at $33.07/oz, €24.77/oz and £20.72/oz. Platinum is trading at $1,656.75/oz, palladium at $660./oz and rhodium at $1,425/oz.
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Tuesday, March 27, 2012
The Demise of Democracy Whilst Americans Cheer the Final Four / Commodities / Gold and Silver 2012
March seems to be leaving us like a lamb, although “March Madness” is still in effect, as college basketball marched into “The Final Four”
It is safe to predict that more Americans are paying attention to the action on the courts than the tired rhetoric and electoral mash-up where another final four bid for our attention, over-hyped in confrontational terms by political commentators who, like their sports counterparts, are just there to keep score:
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Tuesday, March 27, 2012
Emerging Gold Junior Miners and Explorer Stocks Should Recover in 2012 / Commodities / Gold and Silver 2012
Jeff Berwick, chief editor and founder of The Dollar Vigilante and avowed anarchist, holds precious metals for safety and holds their equities for profits. In this exclusive Gold Report interview, he counsels geopolitical diversity and paying close attention to precious metal stocks.
The Gold Report: Your newsletter, The Dollar Vigilante, is the closest thing the newsletter industry has to a comic book superhero. Why the name?
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Tuesday, March 27, 2012
Gold Surges After Bernanke Speech / Commodities / Gold and Silver 2012
Spot gold surged this morning in reaction to Bernanke's speech, which was and is being "translated" as an overture to keep rates very low and Fed policy very accommodative for the forseeable future. In other words, to "create" the environment that will be most conducive to fostering job creation.
Be that as it may, traders and investors interpreted Bernake's remarks as supportive for current easy money policy, but also as a primer designed to help the markets manage their expectations about the future of current policy.
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Tuesday, March 27, 2012
Gold and China: Where the Bulls and Bears Square Off / Commodities / Gold and Silver 2012
To paraphrase the great Steve Martin, today’s investors are very passionate people and passionate people tend to overreact at times. An overreaction is exactly what’s happened in gold and global markets in recent weeks. While market bulls have been sniffing out data points to support their case, market bears have continued to take a glass-half-empty approach.Read full article... Read full article...
Monday, March 26, 2012
Gold Gains as Fed Chairman Points to "Continued" Economic Stimulus / Commodities / Gold and Silver 2012
WHOLESALE MARKET gold prices jumped to $1679 an ounce ahead of Monday's US trading – up nearly 1% on last week's close – while stocks, commodities and the Euro also gained and government bond prices dipped, after Federal Reserve chairman Ben Bernanke said the US economy still needs "continued accommodative polices" despite recent signs of improvement.
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Monday, March 26, 2012
Fake Gold Bar (1 Kilo) Filled With Tungsten Found in UK / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,658.00, EUR 1,255.02, and GBP 1,047.91 per ounce.
Friday's AM fix was USD 1,651.00, EUR 1,246.04 and GBP 1,040.85 per ounce.
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Monday, March 26, 2012
Gold and Silver Stock Dividends Offer Investors the Best of Both Worlds / Commodities / Gold and Silver 2012
Peter Krauth writes: What if I told you there was a company that paid its shareholders in physical gold?
Would a "golden dividend" be enough to get you interested in gold stocks?
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Monday, March 26, 2012
Gold Bar Discovered Filled With Tungsten, How Widespread is Counterfeiting / Commodities / Gold and Silver 2012
Robert Wenzel writes: Australian bullion dealer ABC Bullion is reporting that one of its suppliers has provided them photographic evidence of a tungsten filled 1 kilo gold bar,. The bar passed a hand-held xrf scan which showed 99.98% pure AU. The tungsten was only discovered when the bar was physically cut in half.
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Sunday, March 25, 2012
Manipulation of the "Paper Gold" Market, "Worthless" Paper versus Physical Gold / Commodities / Gold and Silver 2012
We have been in and around the gold markets for 53 years and conditions have certainly changed, driven mainly by market manipulation of all markets as a result of the Executive Order, which created the “President’s Working Group on Financial Markets.” Those who doubt that are either on the government payroll one way or the other, or you are just too dumb to understand what is really going on. In spite of these machinations and ignorant naysayers the bull markets in gold and silver are still alive and well. What you are seeing are paper markets and the use of derivatives to effect short-term pricing, especially when negative events are about to occur.
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Sunday, March 25, 2012
Gold and SIlver Elliott Wave Trading / Commodities / Gold and Silver 2012
The metals made a decent move on Friday and potentially could have started the next stage higher. Back in the beginning of this month, I had penciled in a target range of $1620 target for gold and $30.80 for silver and was working a number of ideas, readers of the newsletter and members have been tracking this along with me, gold and silver have slowly made their way lower.
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Sunday, March 25, 2012
Asia's Gold Future / Commodities / Gold and Silver 2012
For most of the last century the default currency for international settlements has been the US dollar. This has given America ultimate power over international trade. In recent months, the US wielded this power against Iran, making life extremely difficult for all Iranians. Importantly it has interrupted oil trade with India, China and Japan. Furthermore SWIFT, the Belgian-based international banking settlement agency, has halted all Iranian interbank transfers.
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Friday, March 23, 2012
Gold Stocks Panic Levels / Commodities / Gold and Silver 2012
The beleaguered gold stocks have spiraled lower this month, heaping misery on poor fools like me naive enough to invest in them. Dwindling interest and capital has left this realm a desolate wasteland, I’ve rarely seen anything so deeply out of favor. In fact, relative to gold the gold stocks are now back down to levels only seen briefly during 2008’s epic stock panic! Are they dying, gasping their last breath?
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Friday, March 23, 2012
Investors "Looking to Short Gold" / Commodities / Gold and Silver 2012
THE WHOLESALE MARKET price of buying gold bullion climbed to $1658 an ounce shortly after US markets opened on Friday – matching the level it rose to four hours earlier when London began trading – as European stock markets edged lower and commodity and government bond prices rose.
The cost of buying silver meantime hit $31.87 per ounce – 2.2% down on last week's spot market close.
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Friday, March 23, 2012
Gold to Rise to $1,850 On Inflation and Currency Debasement / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,651.00, EUR 1,246.04, and GBP 1,040.85 per ounce. Yesterday's AM fix was USD 1,636.00, EUR 1,243.16 and GBP 1,035.97 per ounce.
Silver is trading at $31.65/oz, €23.92/oz and £19.99/oz.Platinum is trading at $1,617.00/oz, palladium at $649./oz and rhodium at $1,425/oz.
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Friday, March 23, 2012
Governments Gunning for Gold / Commodities / Gold and Silver 2012
Q: What links Turkey, India and Vietnam? A: Weak currencies, trade deficits – and a suspicion that gold is to blame…
HERE'S the scenario: a falling currency, a widening trade deficit, and a population buying more and more gold. What's the result? Well, it tends to be an unhappy government – followed by a policy response.
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Friday, March 23, 2012
Silver Painted Into Potential Head and Shoulders Top’s Neckline / Commodities / Gold and Silver 2012
After silver staged a dramatic false upside break in late February that whipsawed many bullish traders, the price action has since been forming what appears to be a bearish head and shoulders top pattern on the daily charts. The keyword is staged, as the decline could not have been more ‘unnatural’ from a technical standpoint, yet the nature of these moves are rarely questioned.
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Friday, March 23, 2012
FOMC Statement Sends (The Perception of) Silver Sharply Lower as QE3 Hopes Fade Further / Commodities / Gold and Silver 2012
The Federal Reserve’s Federal Open Market Committee or FOMC released a somewhat more optimistic rate statement on Tuesday, March 13th.
The FOMC made no mention of further quantitative easing measures in its latest statement, thereby further reducing (managing) expectations of additional quantitative easing measures, and ‘prompting’ a notable selloff in silver.
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Thursday, March 22, 2012
Why Gold Can Go the Distance / Commodities / Gold and Silver 2012
Gold’s been knocked down lately, but several enduring factors have conditioned the yellow metal for an inevitable comeback.Since the beginning of 2012, gold has trailed its precious metals peers, gaining only about 6 percent compared to double-digit returns for silver and platinum. At the end of February, gold was especially hard hit, following Ben Bernanke’s announcement that there would be no additional quantitative easing and the European Central Bank offering additional LTRO loans to banks.
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Thursday, March 22, 2012
China Economic Contraction Sees Gold Fall Again / Commodities / Gold and Silver 2012
WHOLESALE bullion fell hard in early London trade on Thursday, with the gold price dipping to nearly its lowest level in 2012 as world stock markets and commodity prices also fell.
India's jewelry sector remained on strike in protest at last week's doubling of import duties, and "with physical demand not at full strength and waning investor enthusiasm, the potential for further downside in [the gold price] remains exposed," says today's note from Standard Bank.
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