Category: Gold and Silver 2012
The analysis published under this category are as follows.Thursday, February 02, 2012
Chinese and Indian Gold Demand Rising as Zero Interest Rates Distort Investment Markets / Commodities / Gold and Silver 2012
The WHOLESALE-MARKET gold price slipped 0.5% from a new 8-week high in London Thursday morning, while global stock markets stalled after a 3-day rise and commodities also edged back.
The Euro fell from $1.32 on the forex market for the third time this week after chief finance minister Jean-Claude Juncker said new proposals for stemming the currency zone's debt crisis – agreed at a summit on Monday – were "largely insufficient".
Thursday, February 02, 2012
Gold Challenges Resistance at $1,750/oz – Technicals and Fundamentals Remain Very Positive / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,747.50, EUR 1,326.68, and GBP 1,102.80 per ounce. Yesterday's AM fix was USD 1,744, EUR 1,327.65, and GBP 1,106.74 per ounce.
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Thursday, February 02, 2012
Great Deals on Gold and Silver 2012 / Commodities / Gold and Silver 2012
GoldMoney Founder and Chairman James Turk knows how to find great deals on gold and silver. He claims that the 2012 bottom for gold came during the first week in January. If the year's low is already history and if his projection that gold will hit the $2,000/oz mark within three months is on target, you do the math. "Gold is way too cheap," he tells The Gold Report in this exclusive interview.
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Wednesday, February 01, 2012
Facebook IPO, Dollar, Gold Doesn’t Care! / Commodities / Gold and Silver 2012
The media is all excited about the announcement of the Facebook IPO, treating it as if it’s the second coming of sliced bread. At its anticipated IPO later this year, Facebook will be three times more expensive than Google was at its IPO — and nearly 40 times more expensive than the average large IPO of the last four decades. The valuation metric that some analysts chose to focus on is the price-to-sales ratio (PSR). Of course, it’s too early to know for sure what Facebook’s will be when it comes to market, since its offer price hasn’t been set. But, based on the early reports that Facebook will be valued at its IPO at as much as $100 billion, and 2011 revenues of $3.8 billion, Facebook’s PSR will be around 26. In order to produce a profit stream that is great enough to support a prayer of its stock doing even close to as well as Google’s did in its first few years of life, Facebook’s revenue growth will have to be several orders of magnitude greater, or have a profit margin that is several times greater — or both.
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Wednesday, February 01, 2012
Corruption In Fascist Business Model, Gold Coil Ready / Commodities / Gold and Silver 2012
Few can define fascism. Many cannot recognize it. History provides shocking stories of its past episodes. But its root structural feature is the tight relationship between the state and large corporations of a nation, which permit enormous fraud and lead to grand inefficiency, even while aggression and war accompany its handiwork in an ugly fabric weave. Nowhere is the bond more scummy and corrupt than with the banking industry, not in general but in Wall Street where defense of the USDollar has come. That defense was contracted from the USGovt to Wall Street, whose ties developed into a vast network of corruption. That cozy relationship led to the gutting of Fort Knox and its gold bullion in the 1990 decade of so-called prosperity. The 0% gold leasing resulted in vast speculation schemes, private multi-$trillion profit, and absent collateral for the USDollar itself.
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Wednesday, February 01, 2012
The Gold Price and Gold Investment / Commodities / Gold and Silver 2012
In this article Will Bancroft takes a look at an issue central to gold investment, and one that is so often underappreciated by those yet to invest in gold; the difference between value and price. Investors often pay too much attention to the gold price, and forget that the most important thing is actually the value of gold. Read on to understand why it is value you should weigh up before deciding whether to buy gold.
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Wednesday, February 01, 2012
Gold Surges 13.9% in January / Commodities / Gold and Silver 2012
Gold had a rather stellar January, posting a 13.9% monthly gain based on the LBMA PM fixings of 1531.00 on 31-Dec-11 and 1744.00 on 31-Jan-12. That's a bigger gain than the yellow metal achieved for the entirety of last year!
Last week — when gold was up less than 10% for the month — Bloomberg came out with a story noting that this was the best start to a year since 1980. Indeed gold did rally smartly in January 1980, but it also put in a nominal 27-year high that month. Should today's investors be worried that a similar fate awaits them? I think not.
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Tuesday, January 31, 2012
Gold Set for Biggest Monthly Gain of 21st Century / Commodities / Gold and Silver 2012
U.S. DOLLAR gold bullion prices looked set to record their largest calendar month gain this century by Tuesday lunchtime in London.
Gold prices hit $1745 per ounce – just less than 14% up on the Dollar gold bullion price set at the last London Fix of 2011.
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Tuesday, January 31, 2012
What Made Gold Break Out? / Commodities / Gold and Silver 2012
Last week, gold broke through heavy overhead resistance, as did silver, to look very positive for the days ahead. Many technical analysts didn't feel that gold had that kind of momentum but then came the break. It wasn't a struggling break; it was robust sweeping resistance aside as though it wasn't even there.
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Tuesday, January 31, 2012
Silver Surges 21% in January - Silver Demand Is “Diminishing A Supply Surplus” / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,738.00, GBP 1,102.23, and EUR 1,317.27 per ounce.
Yesterday's AM fix was USD 1,720.50, GBP 1,097.40, and EUR 1,310.06 per ounce.
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Tuesday, January 31, 2012
Is 2012 the Year of the Golden Dragon? / Commodities / Gold and Silver 2012
Earlier this month, markets learned that China’s gold imports from Hong Kong reached a record high in November. The Hong Kong government reported that Mainland China purchased 102,779 kilograms of gold from Hong Kong, a 20 percent increase from October and an all-time high. It was the fifth consecutive month of record gold purchases from Hong Kong. Over the weekend, new data was released that showed strong gold demand in China has continued into the new year.
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Monday, January 30, 2012
Why Gold Is Shining Bright and What the Fed is Doing / Commodities / Gold and Silver 2012
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” ~ Thomas Jefferson ~
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Monday, January 30, 2012
Fed Action Will Decide Next Major Move For Gold / Commodities / Gold and Silver 2012
As our regular readers will know, we view US real interest rates as the key determinant of gold prices over the medium term. Six weeks ago we updated the situation with U.S. real rates (discussion of the theory behind the relationship can be found in that article) and since then, we have observed the gap between gold and real rates closing.
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Monday, January 30, 2012
Beijing Shoppers Snatching Up Gold, Germany Failing to Learn Lessons of History / Commodities / Gold and Silver 2012
THE SPOT MARKET price of buying gold climbed to $1728 an ounce Monday morning London time – a slight drop from last week's close – while stock markets, commodities and the Euro all fell and government bond prices rose as European leaders met for their latest summit in Brussels.
The cost of buying silver fell to $33.08 at one point – a 2.6% drop from where it ended last week.
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Monday, January 30, 2012
Chinese 'Gold Rush' -Year of Dragon First Week Sees Record Sales– Up 49.7% / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,720.50, GBP 1,097.40, and EUR 1,310.06 per ounce.
Friday's AM fix was USD 1,722.00, GBP 1,095.98, and EUR 1,310.30 per ounce.
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Monday, January 30, 2012
The Endless Agony of Gold Procrastinators / Commodities / Gold and Silver 2012
It happened again on Wednesday, January 25. Gold shot up by $50.
Across the nation, a band of perpetual procrastinators thought to themselves: "I knew! I knew! Why didn't I buy?"
This is the never-ending cry of the perpetual gold procrastinator, year after year. "I knew! I knew!"
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Monday, January 30, 2012
Gold ETFs and Stocks Major Uptrend Just Starting / Commodities / Gold and Silver 2012
This Gold Market update is going to be short and to the point for 2 reasons. One is that I am too busy writing up stocks for subscribers to devote much time to the world at large - they are being written up as fast as possible, for reasons that will become obvious as you read on. The other reason is that for the 1st time in many months, the situation is nice and clear, and doesn't require a time wasting diatribe.
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Monday, January 30, 2012
Silver Reversal Complete, Now In Early Stages of Powerful Uptrend / Commodities / Gold and Silver 2012
An important reversal has now completed in silver and it is in the early stages of what promises to be a powerful uptrend that should take it comfortably to new highs.
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Monday, January 30, 2012
Stock Market Last Gasp, Gold Vs Paper / Commodities / Gold and Silver 2012
I am speaking of the intermediate term move in paper assets versus hard assets, affectionately referred to as "Gold versus paper" around here. Paperbugs had their moment in the sun these past few months and I hope they enjoyed it. The reversal in fortunes has begun.
Monday, January 30, 2012
The Five Stages of Collapse and the Coming Paradigm Shift in Silver / Commodities / Gold and Silver 2012
The biggest problem for investors today in trying to forecast the future price of silver is the enormous amount of contradictory analysis on the Internet. There are bulls, bears, paper traders, physical buyers, technical analysts, hedge funds, commercial banks and silver manufacturers all trying to play a part in this highly volatile silver market. Trying to sift through the huge volumes of silver analysis on the internet can be extremely frustrating. In addition, some of this information is not meant to inform, but rather to confuse or mislead the investor.
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