Category: Gold and Silver 2012
The analysis published under this category are as follows.
Monday, November 05, 2012
Gold Reacts Negatively to US Election But Still Above Long-Term Uptrend / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold bullion prices rallied above $1680 an ounce Monday morning in London, having earlier fallen to a nine-week low, while stock markets edged lower and US Treasury bonds gained, with one day to go before the US presidential election.
The US Dollar Index, which measures the Dollar's strength against other major currencies, rose to a two-month high.
Read full article... Read full article...
Monday, November 05, 2012
The Secret Return to the Global Gold Standard / Commodities / Gold and Silver 2012
By: Money_Morning
Although it happened more than 40 years ago, many Americans still rue the day back in 1971 when U.S. President Richard M. Nixon effectively took this country off the so-called "gold standard."
Under a true gold standard, paper notes are "convertible" into pre-determined, fixed quantities of the "yellow metal."
What actually happened back in 1971 was that President Nixon - facing huge budget and trade deficits, and a plunging dollar - enacted a series of economic moves, including the unilateral cancellation of the direct convertibility of the U.S. dollar into gold.
Monday, November 05, 2012
Gold Seasonality Chart Shows November as Strongest Month / Commodities / Gold and Silver 2012
By: Jason_Hamlin
In statistics, many time series exhibit cyclic variation known as seasonality. For precious metals investors, understanding seasonality can help to determine when to buy and sell at optimal price points. Analysts often mention gold’s seasonality and refer to the “Summer doldrums” as a buying opportunity and the Winter months as the high season. To verify gold’s seasonality and identify opportunities to profit from the trends, I decided to update the data and charts that I had originally created a few years ago. The new chart has some variations from the past, but the overall trends remain mostly the same.
Read full article... Read full article...
Monday, November 05, 2012
Putting Gold Bullion and Gold Stocks in Proper Context / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
The precious metals complex had a great rebound at the end of the summer but is now in the midst of a correction. Recently we wrote that the correction was nearing an end. We believe that to be the case. A short-term bottom could occur sometime this week. However, the precious metals sector was unable to retain much of the very strong momentum it previously had. Thus, the metals and stocks will need some time to confirm support and generate positive momentum before they have a chance of breaking to new highs. That being said, we wanted to take a broader view and analyze the sector in its current context in comparsion to the past.
Sunday, November 04, 2012
A Second Chance For All Gold Investors! / Commodities / Gold and Silver 2012
By: Darah_Bazargan
Not long ago, in the article entitled, "The Final Run in Gold," I outlined a sequence of specific events that called for an imminent correction in Gold. Contrary to this viewpoint, the pervasive narrative among analyst at that time was forecasting the metal price to reach as high as $2,000 an ounce. Of course, this expectation never came into fruition, nor was it rational enough to give any credence either.
Read full article... Read full article...
Saturday, November 03, 2012
Gold $1109 Price Target Still Prevails / Commodities / Gold and Silver 2012
By: Brian_Bloom
Within the context of a Primary Bull Market, the price destination target of $1,109 an ounce for gold remains prevalent; as can be seen from the 3% X 3 box reversal Point & Figure chart below (courtesy stockcharts.com)
Saturday, November 03, 2012
Gold Time to Buy, Buy, Buy! / Commodities / Gold and Silver 2012
By: Toby_Connor
If you aren't already in, Monday or Tuesday should represent an exceptional buying opportunity as gold moves into its final intermediate cycle bottom.
Now that the 38% retracement has been breached I would look for a final exhaustion move to test the 50% level early next week as we move into the elections.
Read full article... Read full article...
Friday, November 02, 2012
Vote Obama to Help the Gold Price! / ElectionOracle / Gold and Silver 2012
By: Jan_Skoyles
Who will you vote for next week? Romney or Obama? Democrat or Republican? It’s not a great choice, we admit, but someone will have to win and one sure thing is it will either be Romney or Obama, Republican or Democrat.
Luckily, most of us here at The Real Asset Company don’t have to vote next Tuesday but we have been thinking about who we would prefer. We could have thought about foreign relations, national security or even which had the nicest smile, but considering we’re in the business of gold investment we’ve been making our judgements based on the gold price and how the next US Presidency will affect it.
Read full article... Read full article...
Friday, November 02, 2012
U.S. Presidential Elections and Stock and Gold Price Swings Analysis / Commodities / Gold and Silver 2012
By: P_Radomski_CFA
We summarized our previous essay (Oct 31, 2012) by stating that the correction in metals may not be over yet. It looked like it’s over in case of the mining stocks, at least in terms of price.
This has been quite a week. Not only has the hurricane Sandy showed us how vulnerable we are to the large and indifferent forces of nature, but we also saw how markets can plunge even though the fundamental situation did not deteriorate. In the short run markets don’t act on fundamentals – they move based on investors’ emotions and short-term price swings will always be present. Just as we can’t eliminate weather’s unpredictability, we can’t control what will happen on the market in the short run, even though we are convinced about the existence of the gold bull market. There are some things that we can do about it though – in both cases we can prepare to some extent. In case of the stock market and the precious metals market we can use charts and technical analysis to estimate what may be waiting just around the corner. In the following part of the essay we will do just that and we will focus on stocks, crude oil and gold markets.
Read full article... Read full article...
Friday, November 02, 2012
Silver SLV ETF Impact / Commodities / Gold and Silver 2012
By: Zeal_LLC
Silver is no doubt tiny on the grand commodities scale. But its attractiveness, spearheaded by a 1000%+ bull-to-date gain to its latest high, has spawned a wide range of products for investors to partake in. And one of the most unique and powerful is the SLV iShares Silver Trust ETF.
This ETF’s objective is quite simple, to mirror the price of silver (minus a small management fee of course). But while simple in its objective, two unique traits have allowed SLV to take the silver market by storm. First is SLV offers a bridge for stock-market capital to track the price movements of a high-flying commodity, which historically had only been an arena for the futures guys. And second is it uses this capital to buy the physical metal.
Read full article... Read full article...
Friday, November 02, 2012
Gold and Silver Fall Ahead of U.S. Jobs Data / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET prices to buy gold in Dollars dropped to below $1710 an ounce Friday morning, reversing gains from earlier in the week, while stocks and commodities fell and the US Dollar rallied ahead of the release of key US jobs data.
The Bureau of Labor Statistics is due to publish its monthly 'Employment Situation' report at 08.30 EDT, which will include the official nonfarm payrolls estimate for the number of private sector jobs added in October. Consensus forecast among analysts is for 125,000 jobs added, while the unemployment rate is expected to tick higher to 7.9%, up from 7.8% in September.
Read full article... Read full article...
Friday, November 02, 2012
Why Gold will benefit from the Global Debt Crisis / Commodities / Gold and Silver 2012
By: Clif_Droke
One of the most common questions that I’m asked goes something like this: “If the deflationary long-term cycle is in its ‘hard down’ phase until 2014, why should we expect gold’ value to rise? Shouldn’t we instead expect to see a rising dollar along with a falling gold price?”Read full article... Read full article...
Thursday, November 01, 2012
Gold Bullion Held Within America and Foreign Countries, Much Is Really There / Commodities / Gold and Silver 2012
By: InvestmentContrarian
With the rise of instability within the European Union (E.U.), gold bullion has become increasingly attractive as a backstop. Next to America, Germany has the second-largest holding of gold bullion, with approximately 3,600 metric tons. What is interesting at the current moment is that many voices within Germany are calling for the Bundesbank, its central bank, to check its international holdings, namely in the U.S., as not all of the gold bullion held by Germany is being stored on the country’s own soil.
Read full article... Read full article...
Thursday, November 01, 2012
Gold and Silver Rise as China's Long-Term Demand Forecast to Keep Growing / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE PRICES to buy gold rose to 7-session highs in London on Thursday morning, touching $1726 per ounce even as new data showed US employment rising at its fastest pace since February.
The private-sector ADP payrolls report said the US added 158,000 jobs in October. Earlier data from the manufacturing sector in China, the world's #2 gold consumer, showed its slowdown to be easing.
Thursday, November 01, 2012
Gold Enters Strong Seasonal November, Targets 5% Gain / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,723.25, EUR 1,330.59, and GBP 1,065.64 per ounce.
Yesterday’s AM fix was USD 1,718.00, EUR 1,321.54, and GBP 1,065.89 per ounce.
Silver is trading at $32.60/oz, €25.25/oz and £20.26/oz. Platinum is trading at $1,576.50/oz, palladium at $612.80/oz and rhodium at $1,100/oz.
Read full article... Read full article...
Wednesday, October 31, 2012
Central Banks Gold War Begins! / Commodities / Gold and Silver 2012
By: Jim_Willie_CB
A nasty Golden Harp could soon have its cords plucked, with the resonance working to shake loose the bankster cover of improper illicit duplicitous and probably highly illegal usage of Allocated Gold Accounts. When diverse scattered accounts are pilfered and depleted without authorization in Switzerland, resulting in several multi-$billion class action lawsuits in Zurich, all kept dutifully out of the news, that is one thing. But when a few key official government gold accounts are ransacked in systematic fashion from established trusted locations, defying and betraying the trust of the German Govt and other national governments, that is quite another. To be sure, the system can tolerate ransacking and replacing with scurried harried efforts the Venezuelan gold account like in 2011. The media told the story with creativity and aplomb, avoiding the truth, inventing a tale, but finding a credible pile of dung to feed the public, which swallowed it whole.
Wednesday, October 31, 2012
Incredible Gold Charts Show Bullish Outlook / Commodities / Gold and Silver 2012
By: Peter_Degraaf
Technical analysis is a great tool for analyzing where the market has been. Since human beings almost always behave in cyclical fashion, we can observe patterns in market action that tend to repeat. Combined with fundamental studies, TA is applied to the markets by virtually all of the successful traders.Some patterns occur so often that names have been assigned to these patterns such as: ‘Head and Shoulders’, ‘Cup with Handle’ and ‘A.R.A.T.’
Read full article... Read full article...
Wednesday, October 31, 2012
United States Continuing Decent into Debt Will Push Gold Price Higher / Commodities / Gold and Silver 2012
By: Giuseppe_Borrelli
Way back in the 1970’s the US began a fateful transition, a transition where we started to confuse the concept of an asset with that of a debt. After the Great Depression it was frowned upon to have debt and that included mortgages on a house, and when a mortgage was paid off all the neighbors would get together and celebrate the event. In fact they would usually burn the cancelled document after consuming a reasonable quantity of alcohol! Well, those days are long gone. Thanks to the Alan Greenspan’s and Ben Bernanke’s of the world, debt was mistaken for an asset. The biggest offender, and role model for the world, is of course the US Federal Reserve.
Wednesday, October 31, 2012
Gold in Consolidation Phase ad US Markets Re-Open / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE gold bullion prices rallied to a one-week high at $1720 an ounce Wednesday morning in London, though they still looked set to record a loss on the month, while European stocks opened higher before losing some ground and US markets prepared to re-open after being closed for two days.
Silver bullion climbed to $32.37 an ounce, also up on the week, while oil and copper ticked higher and US Treasury bonds fell.
Read full article... Read full article...
Wednesday, October 31, 2012
If Obama Wins Gold Is Going To Go Through The Roof / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,718.00, EUR 1,321.54, and GBP 1,065.89 per ounce. Yesterday’s AM fix was USD 1,713.50, EUR 1,322.66, and GBP 1,067.07 per ounce.
Silver is trading at $32.78/oz, €24.93/oz and £20.12/oz. Platinum is trading at $1,578.75/oz, palladium at $604.75/oz and rhodium at $1,070/oz.
Read full article... Read full article...