Category: Gold and Silver 2012
The analysis published under this category are as follows.Thursday, December 29, 2011
Gold’s D-Wave Downtrend Forecast for 2012 Confirmed / Commodities / Gold and Silver 2012
With the move below $1535 this morning gold has confirmed that it is still moving down into a D-Wave bottom. There has been some question as to whether or not the D-Wave had bottomed in September. The penetration of that intermediate low this morning confirms that the D-Wave did not end during the overnight selloff on September 26.
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Thursday, December 29, 2011
Is The Gold Bull Market Really Dead? / Commodities / Gold and Silver 2012
Before I start I am not some expert who preaches about the “funny mentals” there are far more experienced commentators around that can tell you more about gold, I am a mere mortal, all I do is trade price, I don’t use the news regarding why gold should be up or down, I simply count waves.Read full article... Read full article...
Thursday, December 29, 2011
Silver Awaiting Pivot Low / Commodities / Gold and Silver 2012
Since its Sept-Oct recovery rally peak at $35.71, spot silver prices have stair-stepped to the downside towards a retest of the Sep 26 spike low at $26.02. If violated and sustained, this should trigger a final bout of long liquidation that presses silver into a minimum target zone in the vicinity of $25.00, but possibly into the $22.00-$20.00 target support zone, where I will be expect price stability ahead of the emergence of a sharp recovery rally period.
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Thursday, December 29, 2011
Gold Near-Term Forecast 2012 / Commodities / Gold and Silver 2012
Gold is consolidating below $1600 as we enter the last week of the year. The last London gold fix of 2010 was $1405, so barring any dramatic price changes in the last week of the year, the yellow metal is on-track for yet another double-digit gain of about 14%.
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Saturday, December 24, 2011
Why Buy Gold Now, Forecast $4,500 / Commodities / Gold and Silver 2012
On the economic front we see that for the month of October personal income had gained 0.4% while spending had increased 0.1%. For November, economists polled by MarketWatch had expected personal income to gain 0.2%, and for spending to also rise 0.2%. Meanwhile, there was no growth in November for the price index for personal consumption expenditures, though this inflation gauge is up 2.5% from the prior year. The core inflation reading, which excludes volatile food and energy costs, rose 0.1% in November, matching economists' expectations. Compared with the prior year, core inflation is up 1.7%. The personal-saving rate declined to 3.5% in November from 3.6% in October, and down considerably from the 7.1% rates we saw during the summer. Finally we see that credit card debt increased considerably during the month of October.
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Friday, December 23, 2011
Gold and Silver 2012 Bullish and Bearish Arguments / Commodities / Gold and Silver 2012
After the sharp drop in precious metals recently, many people (including me) wonder what will happen next with Gold & Silver (& other PM’s).
To be honest, I don’t know where gold will be in 1 week or a 1 month from now. However, there are some facts that are compelling, which can help us in our decision-taking process.
In this article, I will describe both the Bullish & Bearish arguments for Gold, Silver and PM Stocks.
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Wednesday, December 21, 2011
Gold Outlook 2012 – Positive Fundamentals Remain and Crucial Diversification / Commodities / Gold and Silver 2012
• Introduction – Gold in 2011
• Money Creating Central Banks May Push Gold to New Nominal Record in 2012
• Central Banks Will Continue To Be Net Buyers of Gold
• China Foreign Exchange Diversification Should Support Demand
Tuesday, December 20, 2011
Goldrunner: Gold on the Cusp of $3,000+ Update / Commodities / Gold and Silver 2012
Our work with Gold is based on a "Model" off the late 70's Gold Bull that has been replicating nicely since we started the Fractal Work with Gold back in 2002 and 2003. Short-term volatile moves in Gold, as we have seen over the past weeks, do not affect our projections based on the model, leaving the expectation of a move in Gold up to $3,000 into mid-year based intact as outline in our previous article entitled Gold Tsunami: on the Cusp of $3000+?
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Monday, December 19, 2011
Gold Price Forecasts 2012, Goldman $1,810, Barclays $2,000 and UBS $2,050 / Commodities / Gold and Silver 2012
Gold is trading at USD 1,592.0, EUR 1,223.30, GBP 1,028.00, CHF 1,491.0, JPY 124,067 and AUD 1,600.50 per ounce.
Gold’s London AM fix this morning was USD 1,593.00, GBP 1,028.34, and EUR 1,222.94 per ounce.
Friday's AM fix was USD 1,589.50, GBP 1,022.84 and EUR 1,218.94 per ounce.
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Monday, December 19, 2011
The Gold and Silver 70% Dividend / Commodities / Gold and Silver 2012
Peter Krauth writes: Lately, it seems billionaire precious metals investor Eric Sprott is grabbing headlines almost daily.
Sprott believes in silver and gold as money, and he has little faith in paper currencies.
That explains his recent acquisition of a chain of currency exchange outlets, which he aims to gradually build into the safest kind of bank - one that makes no loans, and could eventually offer gold- and silver-backed checking accounts.
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Saturday, December 17, 2011
Gold for What its Worth! / Commodities / Gold and Silver 2012
Giuseppe L. Borrelli writes: The last of the human freedoms: to choose one's attitude in any given set of circumstances, to choose one's own way. ~ Viktor Frankl
An awful lot is being written about gold and most of it comes from the mouths of individuals who simply don't know what they are talking about. Here's a perfect example of "news" that came across Reuters this morning. The Swiss franc and investments in gold will no longer provide investors with safe harbor from market turmoil and the Eurozone debt crisis, UBS's investment chief told the Swiss bank's client in a letter Friday. "As we enter 2012, neither gold nor the Swiss franc retains a safe haven status," UBS Chief Investment Officer Alexander Friedman wrote in the letter. I'm not going to comment on the Franc but when I read something like this I have to wonder to myself if he isn't taking the other side of the gold trade? There really is no other explanation for a comment like that.
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Thursday, December 15, 2011
Don't Be Fooled by Gold's Recent Dip, Still Forecast to See $2,000 in 2012 / Commodities / Gold and Silver 2012
Kerri Shannon writes: If you're concerned about where gold prices are headed after yesterday's (Wednesday's) bear-market buzz, don't be. This is just a brief pit-stop in what continues to be an epic bull-run for the yellow metal.
Gold prices fell below $1,600 an ounce Wednesday for the first time since October, settling down nearly 5% at $1,586.90 an ounce Comex division of the New York Mercantile Exchange (NYMEX). That's below the closely-watched 200-day moving average for the first time since January.
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Thursday, December 15, 2011
Why Buy that Parabolic Move in Gold / Commodities / Gold and Silver 2012
It may be just me, but it seems like the majority of market participants are terrible at dealing with one of the rudiments of life as a human being; time. It is almost as if the herding man lives in constant contempt for his former self and dogmatic surety about his current convictions (whether they relate to past, present or even the future). If this hunch happens to be true, then it doesn’t take much to see the folly – for surprise surprise; as time passes the much-loved present conviction joins the realm of past regrets. So to thwart the arrogance of the gold bubble-top callers and the long-for-the-sake-of-being-long speculators here I outline why you, they and — hell — I might just buy that forthcoming parabolic move in gold.
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Monday, December 12, 2011
Preparing for Gold 2012 / Commodities / Gold and Silver 2012
Imagine most are anxious to put 2011 into the history book. Many of the hopes and dreams of a year ago certainly fizzled as time passed. A raging bull was converted to a bear in nearly all financial markets. So, we do hope for change in the new year, in the markets and especially in November. As we all prepare for 2012, we hope to provide some thoughts for your consideration.
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Saturday, December 10, 2011
You Can’t Print More Gold, Price Could Reach $10,000 / Commodities / Gold and Silver 2012
What do you get when you mix negative real interest rates with stimulative money supply efforts by global central banks?
An exceptionally potent formula for higher gold prices that could send gold to the unimaginable level of $10,000 an ounce. Negative real interest rates and strong money supply growth are two key factors of what I refer to as the Fear Trade.
Friday, December 09, 2011
Gold Price Forecast 2012: Miners Will Shine as Prices Soar / Commodities / Gold and Silver 2012
Peter Krauth writes: Despite a pullback from its all-time high of about $1,920 an ounce set in September, gold is still trading in the $1,750 range. In fact, the glittering metal has gained 22% in the past 12 months.What's more is that I believe gold prices will eclipse $2,200 an ounce next year, and shoot beyond even $5,000 an ounce after that.
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Thursday, December 08, 2011
Gold Tsunami on the Cusp of $3,000+? / Commodities / Gold and Silver 2012
The Gold Tsunami analogy continues, and it goes like this……..
“The Dollar Inflation psychology pulled back out into the sea, taking the price of Gold with it.
Those of a deflation bent ran amok on the naked sea bed for a bit, acting like the Dollar Inflation and Gold Price run was over.
Suddenly, the new wave of paper currency inflation popped up on the horizon last week, and many Dow Stock ‘Crashers’ were mowed down with the early start of the tidal wave of Dollar Inflation and rise in Gold.
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Monday, December 05, 2011
BOA 2012 Top Trades- Buy Gold Versus Euro; Iran Warns of Oil at $250 / Commodities / Gold and Silver 2012
Gold is trading at USD 1,740.10, EUR 1,295.90, GBP 1,114.30, CHF 1,604.5, JPY 135,900 and AUD 1,700.4 per ounce.
Gold’s London AM fix this morning was USD 1,744, GBP 1,114.88, and EUR 1,296.08 per ounce.
Friday's AM fix was USD 1,751.00, GBP 1,116.50, and EUR 1,298.29 per ounce.
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Wednesday, November 30, 2011
Peru: An Emerging Power in the Global Gold Hunt / Commodities / Gold and Silver 2012
Chris Devauld writes: Peru has a rich precious metals history. This diverse Andean nation, once a victim of Spanish looting, is now the largest silver producer in the world, the second largest copper and zinc producer and the sixth largest gold producer. The richness of its mineral deposits stems from a dramatic landscape consisting of soaring mountains, winding valleys, stark deserts, dark jungles and lonely coastlines. More than 7% of global mining exploration occurs on this unforgiving terrain, where historical production collides with modern geological technology. The Peruvian mining industry represents about 60% of the country’s export earnings. Earnings from mining are expected to grow 6% annually through 2011-13.
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