Category: Gold and Silver 2012
The analysis published under this category are as follows.
Saturday, August 18, 2012
Gold Just Became Money Again, Big Changes Ahead / Commodities / Gold and Silver 2012
By: Doug_Horning
Doug Hornig, Casey Research - On June 18, the Federal Reserve and FDIC circulated a letter to banks that proposes to harmonize US regulatory capital rules with Basel III.
BASEL III is an accord that tells a bank how much capital it must hold to safeguard its solvency and overall economic stability.
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Saturday, August 18, 2012
Are Central Banks Still Hoarding Gold? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
A new report shows global gold demand fell in the second quarter from year earlier levels. Demand in the jewellery, investment and technology sectors all posted a decline, as the average price of the precious metal remained elevated, but range-bound. While some investors were discouraged by the price action, central banks were more attracted to gold than ever before.
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Saturday, August 18, 2012
Gold in Stocks Bear Market / Commodities / Gold and Silver 2012
By: Zeal_LLC
With the odds for a new stock bear growing, prudent contrarian investors are looking for bear-resistant destinations for their hard-earned capital. Plain old cash tops the list, as it will not only preserve wealth but increase its relative stock buying power as the markets grind lower. But why merely sideline capital if it can still be grown even during a stock bear? Gold has proven its ability to thrive in such markets.
Last week I wrote an essay on the rising chances a new stock bear is looming. This primarily has to do with the bull-bear cycles. The stock markets endlessly march forward in a series of alternating bulls followed by bears. After a bull, a bear is pretty much inevitable. This is true at both scales of the bull-bear cycles, the great decade-plus secular moves and the smaller multi-year cyclical moves within them.
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Friday, August 17, 2012
Short-term Rally in the Euro Index and Temporary Strength For Gold and Silver? / Commodities / Gold and Silver 2012
By: P_Radomski_CFA
The summer dog days are upon us leaving investors cooling off in the shade waiting for a refreshing breeze of market-moving news. They are anticipating something important that will energize the gold price for an upward move, perhaps another round of quantitative easing by the U.S. Federal Reserve that could possibly be announced at the Fed’s Jackson Hole, Wyoming annual gathering in late-August, or at the next meeting of the Fed’s Federal Open Market Committee in September. Several U.S. economic reports released Wednesday failed to significantly impact the precious metals.
Friday, August 17, 2012
Gold Ponzi Schemes Revealed / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,616.50, EUR 1,306.05, and GBP 1,028.57 per ounce.
Yesterday’s AM fix was USD 1,603.50, EUR 1,306.74 and GBP 1,021.34 per ounce.
Silver is trading at $28.19/oz, €22.94/oz and £18.03/oz. Platinum is trading at $1,460.50/oz, palladium at $587.30/oz and rhodium at $1,025/oz.
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Friday, August 17, 2012
Central Bank Stimulus Hopes Boost to Gold Price / Commodities / Gold and Silver 2012
By: Ben_Trayner
SPOT MARKET prices for buying gold bullion traded just below $1620 per ounce during Friday morning's London session, very slightly below where they ended last week, while stock markets also gained, amid renewed speculation over central bank stimulus measures.
Silver bullion traded around $28.30 per ounce, slightly up on where it started the week, while other commodities were also broadly flat.
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Thursday, August 16, 2012
Gold Price Disillusionment / Commodities / Gold and Silver 2012
By: Jan_Skoyles
The markets are holding on for more quantitative easing (QE). This is what we keep hearing. Every day we hear reports of the gold price still maintaining its narrow ‘trading range’ of the last month. In fact, since May it hasn’t broken out of the $100 trading range.
Things don’t seem to be getting any better, the markets are still demanding more action, banks are asking for more liquidity, bailouts still seem to be the only medicine for the PIIGS and the central banks are mulling about what to do next.
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Thursday, August 16, 2012
Gold Investment Demand and India, China Demand Down; Central Bank Demand Doubles / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,603.50, EUR 1,306.74, and GBP 1,021.34 per ounce.
Yesterday’s AM fix was USD 1,594.75, EUR 1,293.60 and GBP 1,016.74 per ounce.
Silver is trading at $27.91/oz, €22.81/oz and £17.85/oz. Platinum is trading at $1,401.00/oz, palladium at $574.40/oz and rhodium at $1,075/oz.
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Thursday, August 16, 2012
Gold "Trapped" in Same Range for Over 2 Months / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET prices for Buying Gold hovered just above $1600 per ounce Thursday morning in London, well within their trading range of recent weeks, having risen back above that level amid ongoing speculation over quantitative easing.
"Gold remains trapped in a range where it has been for two-and-a-half months," says a note from bullion bank Scotia Mocatta.
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Wednesday, August 15, 2012
Do Hedge Funds Still Have Faith in GOLD? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
The price of gold has been relatively subdued so far this year. After finishing 2011 at $1,531 an ounce, the precious metal trades modestly higher near $1,600. Over the past three months, gold has been in a tight trading range between $1,540 and $1,640. However, several well-known hedge funds recently made large moves regarding the safe-haven asset.
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Wednesday, August 15, 2012
Soros Gold Action Speaks Louder Than Trumpeted 'Bubble' Words / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,594.75, EUR 1,293.60, and GBP 1,016.74 per ounce.
Yesterday’s AM fix was USD 1,614.50, EUR 1,305.60 and GBP 1,028.34 per ounce.
Silver is trading at $27.70/oz, €22.65/oz and £17.74/oz. Platinum is trading at $1,401.25/oz, palladium at $571.75/oz and rhodium at $1,060/oz.
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Wednesday, August 15, 2012
Good Economic News is Bad for Gold / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE WHOLESALE MARKET gold price fell back below $1600 an ounce during Tuesday morning's London trading, hitting its lowest level for nearly two-weeks, while European stock markets also traded lower, as analysts speculated on the prospects for a third round of quantitative easing (QE3) from the Federal Reserve following the release of positive US economic data.
"The market is disappointed that [gold] was not able to revisit the July high of $1633," says the latest technical analysis note from bullion bank Scotia Mocatta.
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Tuesday, August 14, 2012
Quiet Gold Market Waiting for German Big Bang / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold prices traded above $1610 an ounce Tuesday morning in London, slightly below where they started the week, while European markets edged higher following news of better-than-expected German economic growth.
Silver prices briefly rallied back above $28 per ounce before retreating, while other commodities were similarly flat on the day.
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Tuesday, August 14, 2012
Gold and the Middle East Crisis / Commodities / Gold and Silver 2012
By: Clif_Droke
The year 2012 has been relatively peaceful compared with the past 10 years. The lack of military aggression on the part of the U.S. has led many to believe that the America's days of military adventures are over. But as we'll see here, 2012 is simply a temporary respite in a longer-term "theater" of war that has only just passed the opening act.
The past decade has indeed been one of near constant strife and turmoil. Starting with 9/11 and the U.S.-led NATO invasion of Afghanistan, and later Iraq, the 10 years between 2001 and 2011 were characterized by ceaseless warfare. The military invasions in the Middle East have been followed by civil and military uprisings in Egypt, North Africa and elsewhere in the region. By contrast, 2012 might be styled a "quiet" year for the Mideast. A withdrawal of U.S. troops from Iraq began in mid 2009 and formally ended in late 2011.
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Tuesday, August 14, 2012
Gold Mining Stocks Continue to Disappoint But Not For Long / Commodities / Gold and Silver 2012
By: Chris_Vermeulen
It is an endless debate for investors interested in gold. Should they buy a direct play on the gold price, either gold bullion itself or even so-called paper gold with an ETF such as the SPDR Gold Shares (NYSEArca: GLD)? Or should they invest into gold equities, particularly the larger, higher quality gold mining companies?
Tuesday, August 14, 2012
Which Way Will the Pendulum Swing for Gold? / Commodities / Gold and Silver 2012
By: Frank_Holmes
One of the most fascinating aspects when watching a sporting event like the Olympics is the historical statistics highlighting the tremendous advances in athleticism over the years. In the spirit of the events this summer, BTN Research compared gold's advancement from the beginning of the games in Beijing to the London Olympics.
On the day of China's auspicious opening ceremonies on August 8, 2008, gold was $857.80 an ounce. By the time the world watched the opening ceremonies of the 2012 London Summer Olympic Games, the precious metal had climbed to $1,617.90 an ounce. This represents a remarkable increase of 89 percent in four years.
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Monday, August 13, 2012
Olympic Calm Before Coming Financial Storm / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,622.25, EUR 1,317.30, and GBP 1,035.33 per ounce.
Friday’s AM fix was USD 1,608.50, EUR 1,310.92 and GBP 1,030.69 per ounce.
Silver is trading at $28.04/oz, €22.81/oz and £17.94/oz. Platinum is trading at $1,405.30/oz, palladium at $580.10/oz and rhodium at $1,060/oz.
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Monday, August 13, 2012
Gold "Better Sentiment" Seen as Gold-Platinum Premium Sets New High / Commodities / Gold and Silver 2012
By: Ben_Traynor
U.S. DOLLAR gold bullion prices rose to $1625 an ounce during Monday morning's London trading, towards the higher end of gold's range over the last three months.
Silver bullion climbed to $28.18 an ounce – in line with last week's close, after briefly dipping below $28.
Stock markets were broadly flat following news that Japan's economic growth slowed sharply in the second quarter.
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Saturday, August 11, 2012
Gold's 'Fearless' Summer Turnaround / Commodities / Gold and Silver 2012
By: Clif_Droke
When does a precious metal known for feeding off investors' fears need the opposite of fear to move higher? Answer: Right now!
Austin Kiddle, an analyst with bullion broker Sharps Pixley, asked the following question in a recent commentary: "Can fear refuel the investment demand for gold?" It's a question many investors are now asking and well worth addressing.
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Friday, August 10, 2012
GOLD: Lover or Fighter? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
If there is one lesson that investors have learned in recent years, it is don’t fight central banks. The rally seen in equities since the lows of 2009 is now considered one of the most hated rallies in history. Analysts and pundits can debate macroeconomic conditions until blue in the face, but when central banks inject trillions of dollars into the financial system, the general trend tends to be higher. Precious metals have also benefited from monetary easing programs, but they are now finding out how hard it is to fight central banks.
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