Category: Gold and Silver 2012
The analysis published under this category are as follows.Sunday, October 14, 2012
Gold at a Cross Road: What to look For / Commodities / Gold and Silver 2012
Scott Pluschau writes: I have been looking to put on a swing or position trade to the long side in Gold for the past five weeks but have been unable to do so. There hasn’t been a pattern that I felt offered me a favorable trade location in regards to risk and reward in order to justify that entry. The bottom line is preservation of capital in speculating.
Read full article... Read full article...
Saturday, October 13, 2012
Facts Every Gold GLD ETF Investor Must Know / Commodities / Gold and Silver 2012
Without any doubt, the amounts invested in the Gold ETF “GLD” are enormous. The ETF lowered the barriers for most investors to profit from gold’s long term bull market. For institutional investors, GLD became one of the easiest ways to invest in the rise of the price of gold, as they can’t easily buy physical gold. However investing in an ETF like GLD or SLV carries inherent risks, the most important one being the failure to fully back the shares with physical gold. This means that in a worst case scenario, which is not unlikely given the instability of the world economy, an investor could end up holding only paper. The primary objective of “investing in precious metals” is to benefit from safety; a paper based gold ETF is not exactly the right answer to that objective.
Read full article... Read full article...
Saturday, October 13, 2012
Gold COT Report Short-term Bearish / Commodities / Gold and Silver 2012
The Gold Cycle looks fairly easy to read; once you strip out any biases you may carry. Quite simply, it’s screaming Investor Cycle top and warning of a significant decline. Sure when viewed through the idea of endless printing and world crises’, one could easily suggest or envision much higher prices before any significant pullback. This type of thinking is actually what drives IC tops, an unrelenting belief that a Cycle will continue higher based on short term speculative interest and a fear of missing another move.
Read full article... Read full article...
Friday, October 12, 2012
Silver Price October Correction / Commodities / Gold and Silver 2012
With less than three months left until the end of the year, let’s do a quick recap. Silver may not be as shiny as gold, but it has been no pushover to the yellow metal. So far in 2012, silver has been the top performing precious metal with a gain of nearly 24 percent. The gold/silver ratio, the number of ounces of silver needed to buy one ounce of gold, fell below 52.0, from closer to 52.5 earlier this week, reflecting silver's outperformance relative to gold.
Read full article... Read full article...
Friday, October 12, 2012
Copper Market Shenanigans from Beijing / Commodities / Gold and Silver 2012
Fact - China is the world’s largest user of copper.
Copper is critical for China and the country has imported unbelievable tonnages over the years, but according to the copper bears the story could be coming to an end.
Read full article... Read full article...
Friday, October 12, 2012
Market "Lacking Impetus" to Push Gold Price Higher / Commodities / Gold and Silver 2012
THE U.S. DOLLAR gold price eased lower Friday morning in London, falling to $1767 an ounce, 0.7% down on the start of the week, while stock markets also ticked lower and commodities were broadly flat.
The silver price fell below $34 an ounce, before trading sideways until lunchtime in London.
Read full article... Read full article...
Friday, October 12, 2012
Gold And Silver Capped Until After U.S. Election? / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,767.00, EUR 1,362.80, and GBP 1,101.35 per ounce.
Yesterday’s AM fix was USD 1,767.25, EUR 1,371.45 and GBP 1,103.29 per ounce.
Silver is trading at $33.96/oz, €26.27/oz and £21.21/oz. Platinum is trading at $1,679.50/oz, palladium at $648.80/oz and rhodium at $1,205/oz.
Read full article... Read full article...
Thursday, October 11, 2012
Gold Bounces Back after Spanish Ratings Cut / Commodities / Gold and Silver 2012
SPOT MARKET gold bullion prices climbed back above $1770 an ounce during Thursday morning's London trading – still a few Dollars below where it started the week – as the Euro also recovered ground following falls overnight after Spain had its credit rating cut.
Stock markets edged higher this morning, as did most industrial commodities, while US Treasury bonds fell and German bund prices gained.
Read full article... Read full article...
Thursday, October 11, 2012
Gold & Gold Stocks Readying for Upturn Against Equities / Commodities / Gold and Silver 2012
In the wake of the Fed’s announcement of open-ended or as I like to call it, permanent quantitative (QE) easing, mainstream advisors and pundits have found another way to promote stocks. Recently I heard one popular media pundit say based on QE buy stocks but not gold stocks. Also, pundits are instructing followers to buy Apple based on QE. What nonsense. This stuff practically writes itself. Next, when inflation takes hold we’ll hear about how stocks are an inflation hedge. The reality is the cyclical bull market in equities is approaching its end and will give way to the bull market in Gold and gold stocks which is set to move into the recognition phase.
Read full article... Read full article...
Wednesday, October 10, 2012
Silver Time-frame Trend Probabilities / Commodities / Gold and Silver 2012
I know it is practically heresy to suggest silver and gold could go down (gold and silver perma-bulls – you know who you are), especially after Bernanke has announced $40 Billion per month of bank bailouts (QE4-Ever) that is supposed to increase employment, but consider:
Read full article... Read full article...
Wednesday, October 10, 2012
Bill Gross Says Gold Will Thrive in ‘Ring of Fire’ / Commodities / Gold and Silver 2012
Bill Gross is one of the most recognizable names in the investment world. He is the founder and co-chief investment officer at bond fund giant PIMCO. His long-term track record regarding bonds is among the best and he still runs the world’s biggest bond fund, the PIMCO Total Return Fund.
Read full article... Read full article...
Wednesday, October 10, 2012
Gold Slips in Tight Range / Commodities / Gold and Silver 2012
U.S. DOLLAR gold prices slipped for a third day in London on Wednesday, rallying from 2-week lows beneath $1761 per ounce as world stock markets also fell once again and industrial commodities held flat overall.
Silver bullion prices ticked higher to approach $34 per ounce. The Euro currency steadied above a 1-week low of $1.2850.
Read full article... Read full article...
Wednesday, October 10, 2012
Silver Was Confiscated by Franklin D Roosevelt Too! / Commodities / Gold and Silver 2012
Anyone who follows the gold market knows that President Franklin D Roosevelt confiscated gold in 1933 with Executive order 6102. What seems to have been forgotten is that silver was effectively confiscated as well. I have been involved with silver for over 25 years and this fact was unknown to me until recently, in fact many silver bugs don’t know that this happened.
Read full article... Read full article...
Tuesday, October 09, 2012
Gold, Silver, GDX, GDXJ and the HUI / Commodities / Gold and Silver 2012
The embattled mining sector is breathing a little easier of late as gold and silver mining stock prices show signs of improvement. In order to try and keep this latest flurry of activity in perspective we examine the progress being made at differing time intervals. This is a comparative analysis of gold and silver, a gold miners ETF, a junior gold miners ETF and an index which broadly represents those miners which do not hedge their production.
Read full article... Read full article...
Tuesday, October 09, 2012
How Helicopter Ben Helps Jobs and, Inadvertently, Gold / Commodities / Gold and Silver 2012
The world’s central bank leaders continue to spike the monetary punch bowl, with investors imbibing on gold once again. This flurry of gold buying prompts many curious investors and doubting media to ask me two questions: 1) How can demand for gold and gold stocks continue; and 2) How high can the precious metal go?
To answer these questions, we need to look at the intentions behind the economic and political decision-making across several developed countries, analyze the causes, the effects, and the possible ramifications.
Read full article... Read full article...
Tuesday, October 09, 2012
Silver Prices, Priceless Rumors / Commodities / Gold and Silver 2012
Strange rumors have been cropping up in the silver market lately — all seemingly designed to quell relatively buoyant market sentiment.
One example was the recent CFTC story printed on the Financial Time’s front page citing a source predicting that the silver market manipulation case will soon be dropped.
Read full article... Read full article...
Monday, October 08, 2012
Gold Traders Bullish But "Caution Advised" / Commodities / Gold and Silver 2012
WHOLESALE-MARKET prices to buy gold fell 0.5% to $1770 per ounce in Asian and London trade Monday, holding more than $25 below Friday's new 11-month high as world stock markets also fell together with commodity prices.
Chinese traders wanting to buy gold saw the price fall sharply as the Shanghai futures market re-opened after the long Golden Week holidays.
Monday, October 08, 2012
The SCO, China, Iran, and Gold / Commodities / Gold and Silver 2012
I make no apology for returning to the subject of China, its role in the Shanghai Cooperation Organisation, and gold. Gold is now a strategic metal for present and future SCO governments, which between them have over 40% of the world’s population; and now that the price of gold is re-establishing its rising trend, understanding its future role as a replacement for the US dollar is increasingly urgent, because gold is wealth and this wealth is being transferred from west to east.
Read full article... Read full article...
Monday, October 08, 2012
How Silver Protects Ones Purchasing Power Over Time / Commodities / Gold and Silver 2012
Paul Behan writes: It is hard to find a better example of how silver protects purchasing power over long periods than to look at the story of the Australian 1966 “round” 50 cent piece.
Read full article... Read full article...
Monday, October 08, 2012
Silver Investors Face Bloodbath Crash / Commodities / Gold and Silver 2012
A bloodbath is believed to be imminent in the silver market, now that its cheerleaders have herded their flocks into the corral, ready to be fleeced again.
In the last update posted early last week, we expressed the view that an intermediate top was forming in gold and silver, a view that is reinforced further by the inability of both metals to break higher later in the week, and the now towering Commercial short position in silver as revealed by the latest COTs.
Read full article... Read full article...