Category: Gold and Silver 2012
The analysis published under this category are as follows.Wednesday, February 29, 2012
Why U.S. Gov't Confiscated Gold in 1933. Can it Happen Again? / Commodities / Gold and Silver 2012
More and more investors are asking this question. Many observers and commentators have ridiculed this idea as archaic with the conditions that led to the confiscation being so different as to leave such a possibility as remote as the return of the dinosaurs.
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Wednesday, February 29, 2012
ECB makes Trillion Euro Bet, What it Means for Gold Price / Commodities / Gold and Silver 2012
In this article Will Bancroft looks at the continuation of the ECB’s lending facility, what its impact will be in the markets, and whether the ECB is aware of the risks of its policies. The analysis looks at a rose tinted future the ECB is banking on, how the people of Southern Europe can check mate the ECB if they do not play ball. Read on for more and what this all means for the gold price.
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Wednesday, February 29, 2012
Markets Flat Following ECB LTRO, "Next Target for Silver" is September High / Commodities / Gold and Silver 2012
WHOLESALE MARKET gold bullion prices hovered around $1785 an ounce Wednesday morning London time, while stocks and commodities were also broadly flat following the European Central Bank's latest attempt to boost the liquidity held by the continent's banks.
Silver bullion meantime hit $37.36 per ounce, its highest level since last September.
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Wednesday, February 29, 2012
Silver Surges 4.5% To Over $37/Oz On “Massive Fund Buying” / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,788.00, EUR 1,329.96, and GBP 1,120.79 per ounce..
Yesterday's AM fix was USD 1,774.75, EUR 1,321.48, and GBP 1,120.42 per ounce.
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Wednesday, February 29, 2012
Why Are Gold and Silver Bulls Scared? / Commodities / Gold and Silver 2012
Well, first of all, bull markets climb a wall of worry. But second, there are some powerful media forces trying to maintain the status quo. They are constantly disparaging Gold and talking about imminent corrections, bubbles, etc. As a recent example, Warren Buffett did a recent hit piece on Gold published in the Wall Street Journal (video talking head summary here). And, of course, there is always Jon Nadler at kitco.com to make sure you are NEVER bullish on precious metals no matter what.
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Wednesday, February 29, 2012
More Upside for SLW & GLD / Commodities / Gold and Silver 2012
condense the price action, the pattern that emerges off of last April's peak at 47.60 argues strongly that a complex intermediate-term correction ended at the Oct 4 low of 25.84, a decline of 46%. That was followed by a powerful new up-leg that within the past week has hurdled key resistance at 37.35/40.
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Tuesday, February 28, 2012
Silver Hits 5-Month High with Gold "In Consolidation Period" / Commodities / Gold and Silver 2012
SPOT MARKET gold prices climbed to $1781 an ounce Tuesday lunchtime in London – 0.3% off last week's high – while stock markets gained along with the Euro, as European leaders postponed a decision on whether to increase the size of the single currency's bailout fund.
Commodities were mixed, while longer-dated UK and German government bonds ticked higher.
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Tuesday, February 28, 2012
Gold and Silver Stocks Poised to Recover in 2012 / Commodities / Gold and Silver 2012
Opportunities abound across the spectrum of precious metal equities, which remain undervalued as bullion prices continue their upward trends. That's the word according to Charles Oliver and Jamie Horvat, both senior portfolio managers at Sprott Asset Management. In this exclusive interview with The Gold Report, Oliver and Horvat express cautious optimism about the prospects for gold stocks in 2012.
The Gold Report: When we talked in the wake of the debt ceiling crisis last fall, Charles, you expected volatility to be good for gold and forecast a continuing long-term bull market for precious metals. These days, the scary stories pertain to the European Union (EU). Will negative headlines continue to play a role in the price of gold and silver?
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Tuesday, February 28, 2012
Will Another Round of LTRO Send Gold and Silver Higher? / Commodities / Gold and Silver 2012
Last week, gold and silver finished at their highest levels all year. Gold settled at $1,776.40, while silver surged 6.4 percent to close at $35.34. The recent rise in precious metals has been long overdue, but the dollar’s decline against the euro certainly contributed to the move.
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Tuesday, February 28, 2012
Gold and Silver Market Update / Commodities / Gold and Silver 2012
In 1980 gold topped out at $850.00. That bull market produced an increase of +2,276% from start to finish. The current rally in gold began in 2002 at $260.00 and has thus far risen +582%. By comparison this current bull market has the potential to rise much further.
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Monday, February 27, 2012
Investing In Silver: How to Buy Silver Coins and Bars / Commodities / Gold and Silver 2012
Larry D. Spears writes: For investors who want to capture the coming move in silver, buying silver bars or coins is still one of the best options.
Here's why...
Like gold, investing in silver is a great hedge against inflation and financial turmoil alike. It's why demand for silver is increasing at an astonishing rate.
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Friday, February 24, 2012
Silver Price Could Challenge $50 / Commodities / Gold and Silver 2012
Silver is currently trading at key resistance levels. See below, a six-year silver chart (all charts generated at fxstreet.com):
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Friday, February 24, 2012
Silver & Gold Looking at Gains on Week Despite Dull Markets / Commodities / Gold and Silver 2012
U.S. DOLLAR gold bullion prices held steady around $1780 an ounce Friday morning London time, having fallen slightly from yesterday's 3-month high.
Silver bullion meantime hit its highest level since September, rising to $35.74 per ounce just after London opened.
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Friday, February 24, 2012
Will Gold be Paulson's Next "Greatest Trade Ever"? / Commodities / Gold and Silver 2012
Peter Krauth writes And it's no wonder.
Paulson made his way into the financial history books thanks to what many now call the "greatest trade ever".
Paulson & Co. shorted the subprime mortgage market before the collapse banking a $15 billion gain.
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Thursday, February 23, 2012
If Gold Could Talk / Commodities / Gold and Silver 2012
Jeff Clark, Casey Research
Have you ever had any doubts about gold? Does it sometimes feel like it should be performing better? Are you concerned about its volatility? Do you worry about how it might perform in the future? Have you ever wondered about its true purchasing power? Maybe you're nervous about a big drop in price again? I decided to go directly to the source to address these concerns: Gold himself. He put his arm around me and asked me to tell you a few things…
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Thursday, February 23, 2012
Gold Jumps to 3-Month High on Options Expiry / Commodities / Gold and Silver 2012
The PRICE of PRECIOUS METALS rose further Thursday morning in London, pushing higher from last night's sharp jump in New York, with Dollar-priced gold trading at its highest level since mid-November above $1780 per ounce.
Physical gold holdings backing the giant SPDR Gold Trust last night remained unchanged, however, both from Tuesday's finish and one week ago.
Thursday, February 23, 2012
Greece’s Lenders Have The Right To Seize National Gold Reserves / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,776.50, EUR 1,334.41, and GBP 1,130.45 per ounce.
Yesterday's AM fix was USD 1,754.75, EUR 1,325.04, and GBP 1,116.32 per ounce.
Spot gold hit a 3 month high of $1,781.40/oz yesterday rising for the third day in a row. Gold has consolidated on those gains in Asia and Europe.
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Thursday, February 23, 2012
Miners Saving the Silver Price? / Commodities / Gold and Silver 2012
In another look at the silver market, Will Bancroft takes a look at Eric Sprott’s call to silver miners in November 2011. Have the suppliers of silver bullion to the market taken heed? Are the miners reclaiming the silver price? Read on to see how Mr Sprott’s call has been received, whether the miners are rethinking their precious product.
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Thursday, February 23, 2012
Gold and Silver Get A Technical Boost on Greek Bailout Plan / Commodities / Gold and Silver 2012
Trading action in silver and gold were confined to a range as the Greek drama over obtaining the second €130 billion bailout from the so-called troika, IMF/EU/ECB continued. Even though the austerity measures — which were a condition for the loan — were approved in the Greek parliament on February 14th, the EU now wants to exercise more scrutiny before extending the money.Read full article... Read full article...
Thursday, February 23, 2012
Do Central Banks Care More About the Dow or Gold? / Commodities / Gold and Silver 2012
On Tuesday, the Dow Jones Industrial Average briefly climbed above 13,000, its highest level since May 2008. Many rejoiced at the psychological milestone as the index has nearly doubled from March 2009 lows. Central banks around the world have flooded the financial system with liquidity in an effort to stave off a deepening financial crisis. As a result, asset prices on stocks and commodities have surged in recent years. However, investors should pay closer attention to relative performance and the increasing demand for gold by central banks.
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