Category: Gold and Silver 2012
The analysis published under this category are as follows.
Tuesday, October 02, 2012
Gold Hovers After Touching New Highs / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE gold prices hovered in a tight range just below $1780 an ounce for most of Tuesday morning in London, just below a new 2012 spot market high touched yesterday following comments from US Federal Reserve policymakers.
Silver prices traded just below $35 per ounce, close to seven-month highs, while stocks and the Euro ticked higher despite warnings that Spain is underestimating the amount of recapitalization its banks need.
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Tuesday, October 02, 2012
Who is Buying Gold? / Commodities / Gold and Silver 2012
By: Julian_DW_Phillips
A look at the gold market over the last few months shows that the pattern of price movements has changed from the traditional patterns. If you take the time factor out of charts on the gold price, the pattern of behavior becomes simple. It is a strong rise followed by a narrow, short consolidation pattern before a further move forward. This is unlike the saw tooth pattern we are used to as buyers and sellers reassess price prospects constantly, giving rise to more extended consolidation patterns over longer periods.
Tuesday, October 02, 2012
Silver Prices To Benefit from the Golden Cross / Commodities / Gold and Silver 2012
By: Bob_Kirtley
The anticipation and advent of QE3 has filled the precious metals market champions with considerable optimism. Gold and silver have both steadily, but firmly moved to higher ground.
Monday, October 01, 2012
Gold IS Good Money / Politics / Gold and Silver 2012
By: Dr_Ron_Paul
Last year the Chairman of the Federal Reserve told me that gold is not money, a position which central banks, governments, and mainstream economists have claimed is the consensus for decades. But lately there have been some high-profile defections from that consensus. As Forbes recently reported, the president of the Bundesbank (Germany's central bank) and two highly-respected analysts at Deutsche Bank have praised gold as good money.
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Monday, October 01, 2012
Gold Bull Trend Intact, But "Zero Silver Demand" Seen in India / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold bullion prices dipped below $1770 an ounce during Monday morning London trading, though they remained in line with the last fortnight's price action, while European stock markets rallied along with the Euro following news late last week that the capital needs of Spain's banks are within existing provisions.
"On the monthly chart, the bull trend remains intact, with uptrend support at $1594 and resistance at $1790, the previous high," says technical analyst Russell Browne at Scotia Mocatta.
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Monday, October 01, 2012
QE3 is Here, Where Next for Gold? / Commodities / Gold and Silver 2012
By: Bob_Kirtley
To help turn around the lagging US economy and stubbornly high unemployment, the Federal Reserve recently announced “QE3”.
Quantitative easing (QE) is an action taken by central banks to stimulate the economy, typically when interest rates are already very low.
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Friday, September 28, 2012
What Does Gold Have Going For It? / Commodities / Gold and Silver 2012
By: Richard_Mills
Gold no longer has a legal role in the world's monetary system, but because of a collapse of faith in sovereign obligations - fiat currencies/paper money - and a coming complete lack of trust in governments and financial institutions, gold is going to quickly become a core banking asset.
So why do I believe gold is going to become a core banking asset, what exactly does gold have going for it to make this possible?
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Friday, September 28, 2012
Gold Glitters / Commodities / Gold and Silver 2012
By: John_Browne
Just a few weeks ago, Mario Draghi, President of the European Central Bank (ECB), announced that he would do anything required to bailout the weakest members of the Eurozone and in so doing prevent the euro currency from dissolution. Investors who may have been previously positioning themselves to withstand a euro crisis seem to be anxious to believe that such bold actions will prevent the worst. Consequently, many unwound positions in U.S. dollars and bought back euros. In the wake of the announcement, the euro rose from $1.22 to $1.30.
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Friday, September 28, 2012
Gold New Record High Against Euro and Swiss Franc / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,781.00, EUR 1,374.65, and GBP 1,098.77 per ounce.
Yesterday’s AM fix was USD 1,755.25, EUR 1,365.32and GBP 1,084.16 per ounce.
Silver is trading at $1,670.75/oz, €26.96/oz and £21.52/oz. Platinum is trading at $1,670.75/oz, palladium at $637.90/oz and rhodium at $1,075/oz.
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Friday, September 28, 2012
How To Time Gold Purchases with Technical Analysis / Commodities / Gold and Silver 2012
By: GoldSilverWorlds
Technical Analysis is mathematical analysis of the market based on price action, but not the fundamentals of supply, demand, costs of production, and hundreds of other important factors (fundamental analysis). Many people will tell you Technical Analysis does not work. I disagree. If you understand its limits, it works quite well.
Friday, September 28, 2012
What Gold Analyst Consensuses is Telling Us / Commodities / Gold and Silver 2012
By: Clif_Droke
The big news in the commodities world lately is $10/barrel drop in the oil price in the last several days. The decline was initially blamed on Fed-Ex lowering its outlook for global growth and industrial production when it reported its latest quarterly earnings. The world's second biggest package delivery company forecast a continued slowdown in global trade. Reports that Saudi Arabia is keeping production high to drive oil prices lower were also blamed.
Friday, September 28, 2012
Gold Prices Heading For $2000 This Year / Commodities / Gold and Silver 2012
By: Bob_Kirtley
The stage is now set for gold prices to gain some traction and challenge its previous all-time highs. Most of the central banks are now turbo charging their printing presses in the vain hope that more liquidity is the key to economic health. Alas dear reader this is not the case and as history has proven it never was a remedy for any debt laden enterprise, state or sovereign nation.Read full article... Read full article...
Friday, September 28, 2012
Gold Super Bull Run, "You Ain't Seen Nothing, Yet!" / Commodities / Gold and Silver 2012
By: GoldRunner
We are at the point in the paper currency cycle where for the price of Gold it is risk off, Fed management out of the way, and time for Gold to go into free-rise to start to devalue the huge debts in earnest and to balance the budget. As Gold rises in a parabola on the arithmetic chart, each leg runs higher at a more acute angle.
Friday, September 28, 2012
Is a Gold Price Correction Underway? / Commodities / Gold and Silver 2012
By: P_Radomski_CFA
Gold prices fell more than 1 percent Wednesday pressured by a stronger dollar and weaker stocks markets along with profit-taking. Gold struggled to maintain gains after hitting six and a half month highs this month after the Federal Reserve, the European Central Bank and the Bank of Japan announced steps to loosen monetary policy.
Thursday, September 27, 2012
South Africa Unrest To Affect Gold Bullion Supply And Support Gold Price / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,755.25, EUR 1,365.32, and GBP 1,084.16 per ounce.
Yesterday’s AM fix was USD 1,763.75, EUR 1,369.80 and GBP 1,089.07 per ounce.
Silver is trading at $34.10/oz, €26.62/oz and £21.13/oz. Platinum is trading at $1,647.00/oz, palladium at $632.40/oz and rhodium at $1,075/oz.
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Thursday, September 27, 2012
Gold Takes Well Needed Two Week Rest, Long-Term Uptrend Safe / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE-MARKET prices to buy gold eased $5 in London on Thursday after an overnight rally to $1760 per ounce.
The Euro currency also eased lower after rallying to $1.29 – some 2¢ below the 5-month high hit a fortnight ago – as Spain was set to unveil its latest government budget cuts and Italy's economy minister said Rome has no plans to request bail-out help.
Thursday, September 27, 2012
Gold Optimism Reality Check / Commodities / Gold and Silver 2012
By: Brian_Bloom
History shows that one cannot “manipulate” a primary trend (and maybe not even a secondary trend)
Despite all the optimistic noises regarding recent movements of the gold price, the chart below (3% X 3 box reversal Point & Figure chart, courtesy stockcharts.com) is still showing $1109 as the prevailing target price. The gold price will need to rise to $1833 for that target to be negated.
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Thursday, September 27, 2012
Intermarket Explanation for Coming Gold Market Bubble / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
As we travel to Toronto for the Cambridge House conference, we thought we’d share a few points from our upcoming presentation titled “The Setup for a Gold Bubble.” There are many different ways we can analyze this. By that we mean fundamental triggers, historical ratios, valuations and potential money flows, etcetera can explain the setup for and why this bull market will become a bubble. Today, we focus on intermarket analysis, which is one of our favorite subsets of technical analysis.
Thursday, September 27, 2012
Silver and the Myth of Diminishing Returns From QE / Commodities / Gold and Silver 2012
By: Adam_Brochert
There is lots of talk in the financial media about how there are diminishing returns from QE (i.e. money printing) with each successive round of counterfeiting. This is only true because such commentators are stuck in paperbug world and focusing on common stocks. But common stocks are in a secular bear market, so it makes sense that there could be diminishing returns on common equities related to bailing out banks and governments by destroying the purchasing power of the currencies of the world.
Thursday, September 27, 2012
Gold Break Out to New High Near / Commodities / Gold and Silver 2012
By: The_Gold_Report
Brien Lundin expects money printing by the Federal Reserve to raise gold above its $1,920/oz high, and as editor and publisher of Gold Newsletter, he considers it his job to show people how to profit. In this exclusive Gold Report interview, Lundin explains why he believes it is time to be aggressive in equity positions and names companies that could benefit the most from the coming leg up.
The Gold Report: We just had a third round of bond buying in quantitative easing (QE). Will QE3 help the economy?
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