Category: Gold and Silver 2012
The analysis published under this category are as follows.Tuesday, February 14, 2012
Inevitable US, UK, Japan, Euro Debt Downgrades Lead to Further Currency Debasement And Gold Safe Haven Demand / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,721.00, EUR 1,303.10, and GBP 1,091.80 per ounce.
Yesterday's AM fix was USD 1,727.00, EUR 1,302.22, and GBP 1,093.17 per ounce.
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Tuesday, February 14, 2012
Sideways Trading for Gold and the HUI Index / Commodities / Gold and Silver 2012
TDV Golden Trader writes: At the beginning of last week, we mentioned that gold was still in the up channel, but something to watch for is gold diverging out of the channel and that this could signal the start of a correction. Thursday and Friday’s price action last week is concerning for short term trading going into this coming week because gold is no longer in the strong up channel that has been in place for the last six weeks. We mentioned that gold was bumping up against resistance at $1750 and that a reversal could be in the making. Gold most likely will continue its correction and sideways pattern during the early part of this coming week.
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Monday, February 13, 2012
Gold is the Answer to Currency Wars / Commodities / Gold and Silver 2012
Currency Wars: The Making of the Next Global Crisis is a national bestseller that discusses the serious financial threats facing the U.S. dollar. Readers will discover that currency wars have happened before and they always end badly. The U.S. dollar is currently at the center of a new currency war, which threatens its very existence.Read full article... Read full article...
Monday, February 13, 2012
Dollar Weakness "Creating Gold Demand" after Greek Debt Deal / Commodities / Gold and Silver 2012
SPOT MARKET gold prices touched $1733 per ounce Monday morning – 0.5% up on last week's close – as stock markets, commodities and the Euro all rallied following Greece's vote in favor of new austerity measures.
Silver prices meantime hovered around $33.90 per ounce – 0.8% up on the end of last week – while government bond prices dipped and the Dollar fell on the currency markets.
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Monday, February 13, 2012
Asia Buying Gold On Dips - “Empires May Fall, Currencies May Change... Gold Will Always Survive” / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,727.00, EUR 1,302.22, and GBP 1,093.17 per ounce.
Friday's AM fix was USD 1,715.50, EUR 1,295.21, and GBP 1,084.25 per ounce.
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Monday, February 13, 2012
Is Gold Money?… Don't Ask Ben Bernanke, Examine the Federal Reserve / Commodities / Gold and Silver 2012
Peter Krauth writes: If you really care about your financial future, here's something you need to know.
It's about a story that received almost zero coverage from the mainstream press. I can't say that I am surprised.
It involves gold.
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Monday, February 13, 2012
2012: A Political Year for Gold / Commodities / Gold and Silver 2012
This year our screens, radio and the media in general will be dominated by politics as electioneering goes into overdrive in a massive attempt to convince us that their man has all the answers. Alas, the political machinery has long since lost our respect, but that will not deter them and so we must endure this attack on our senses from all directions. The presidential elections in the United States is high profile at the moment but there are other very important elections also taking place, a few of which we touch on below:
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Sunday, February 12, 2012
Can We Profit From Gold Price Seasonality? / Commodities / Gold and Silver 2012
Seasonality is observable in a wide variety of variables. In business, sales, production, inventory, man hours and the best time to discount can be at least partially predicted by seasonal effects. Gold is no different. In different months price swings occur somewhat predictably year after year. What causes this, to what magnitude does it occur and most importantly – how can we profit?
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Sunday, February 12, 2012
Where a Nation's Gold and Your Gold Should Be Held: Part II / Commodities / Gold and Silver 2012
In Part I of this article we looked at the growing trend of governments moving their gold into their own home vaults to remove the influence and potential seizure of their gold when political policies clash with the country where the holding central bank was situated. We covered the dangers of holding gold at home and the difference in attitude individual's should have towards the problem of where and how to hold gold.
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Saturday, February 11, 2012
The Gospel of Gold According to Peter / Commodities / Gold and Silver 2012
Peter Grandich believes that we're in the midst of a stealth gold bull market. Grandich, editor and publisher of The Grandich Letter, recently penned the book Confessions of a Wall Street Whiz Kid, the moniker "Good Morning America" gave to him after he predicted the Black Monday stock market crash in 1987. He's now predicting gold to top $2,350/oz in this exclusive interview with The Gold Report.
The Gold Report: Going back to your time as a fund manager in the '80s on Wall Street, how does what was happening then compare with what is happening now?
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Saturday, February 11, 2012
Warren Buffett Trashes Gold, But What About Silver? / Commodities / Gold and Silver 2012
“Gold gets dug out of the ground, then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”-Warren Buffett
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Saturday, February 11, 2012
New Up-Cycle for Gold / Commodities / Gold and Silver 2012
My big-picture analytics of spot gold argue that a 5.5 month cycle low ended -- and a new cycle started -- at the Dec 29 low of $1522.48, after a multi-month correction from the Sep 6 high of $1921.50.
The 21% decline concluded an intermediate-term correction within the larger, multi-year bull market in gold.
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Friday, February 10, 2012
Gold Down on Week Following Rejection of "Weak" Greek Reforms / Commodities / Gold and Silver 2012
U.S. DOLLAR gold prices were on course for a second weekly fall Friday lunchtime in London, heading down towards $1700 an ounce following European ministers' rejection yesterday of Greece's latest austerity reforms.
Silver prices also traded lower, hitting $33.27 per ounce – 1.4% down on last week's close.
Stocks, commodities and the Euro all fell, while the Dollar gained along with prices for major nation government bonds.
Friday, February 10, 2012
Is Silver Outperforming The Gold Fractal? / Commodities / Gold and Silver 2012
Below, is an extract of my Silver Premium Update for 25 January 2012:
Since my last silver articles (here and here), the silver chart has been following the patterns, I have been tracking, quite nicely. Below is an updated version of the gold vs. silver fractal:
Friday, February 10, 2012
Buffett Says "Right To Be Fearful" of "Paper Money" Favours Stocks Over Cash, Bonds and Gold / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,715.50, EUR 1,295.21, and GBP 1,084.25 per ounce.
Yesterday's AM fix was USD 1,733.00, EUR 1,304.77, and GBP 1,094.20 per ounce.
The pattern of gold trading higher in Asia and falling just before or at the open in Europe continued again today. Gold ticked a little higher in Asian trade prior to sharp falls before the open at 0800 GMT when gold fell quickly fell from $1,729/oz to $1,715/oz.
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Friday, February 10, 2012
How Bull Markets Evolve into Bubbles / Commodities / Gold and Silver 2012
There is a science to market movements and various trends because human nature is consistent over time. Bear markets follow a pattern as do bull markets. In recent weeks we’ve noted the similarities between the past four equity bull markets. They start off strong for six or seven years before slowing down over the next five years. Then they break to new highs and eventually accelerate into a bubble. As we show in this update, change in valuation explains how bull markets evolve into bubbles.
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Thursday, February 09, 2012
Manufacturing PMI Data Reflects Stronger Global Outlook, Supportive of Silver Industrial Demand / Commodities / Gold and Silver 2012
According to a Markit Economics survey of 30 nations’ purchasing managers, the world’s leading manufacturing nations began the year considerably better than expected. The Markit survey showed its Global Manufacturing Purchasing Manager’s Index had risen from 50.2 in December to 51.2 in January, with a number over 50 indicating expansion.
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Thursday, February 09, 2012
Gold and Silver Benefit From Continued U.S. Dollar Weakness / Commodities / Gold and Silver 2012
The dramatic rise in the price of precious metals — especially silver — in January was due in some part to the weakness in the U.S. Dollar among, with both gold and silver rising from their near term lows seen at the end of December 2011.
The inverse relationship in the valuation of the U.S. Dollar versus precious metals has continued to increase, with the U.S. Dollar approaching all-time lows against most major currencies, except against the Euro and the Pound Sterling.
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Thursday, February 09, 2012
Quantitative Easing Will Boost Inflation and Gold Price / Commodities / Gold and Silver 2012
The WHOLESALE MARKET gold price slipped 0.6% to $1730 in London on Thursday morning, regaining most of that dip as the European Central Bank kept its key lending rate on hold and the Bank of England extended its purchases of UK government bonds to £325 billion ($515bn).
When completed, this new Quantitative Easing will see the Bank hold nearly one-third of the UK's outstanding national debt.
Thursday, February 09, 2012
Gold Will Advance to $2,500 If Euro Zone Breaks Up / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,733.00, EUR 1,304.77, and GBP 1,094.20 per ounce.
Yesterday's AM fix was USD 1,743.00, EUR 1,315.17, and GBP 1,095.95 per ounce.
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