Category: Gold and Silver 2012
The analysis published under this category are as follows.
Friday, August 10, 2012
Gold Technicals Portend Impending Breakout / Commodities / Gold and Silver 2012
By: Pete_Grant
Similar chart patterns in seven major currencies signal potential for resumption of secular bull market
Ah, the long, lazy, hazy days of summer: Here in Colorado, it's been a particularly hot and dry one, leading to one of the worst wildfire seasons in recent memory. As for 'lazy', that's a pretty apt description of the gold market, which has been confined to a range of just $66.36 since the summer solstice.
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Friday, August 10, 2012
Is the Silver’s Move Above Its 50-day Moving Average a Bona Fide Buy Signal? / Commodities / Gold and Silver 2012
By: P_Radomski_CFA
Many metaphors have been used for gold but never to our knowledge has the price of gold been compared to the non-barking dog. (This refers to the Sherlock Holmes story, Silver Blaze and the "curious incident of the dog in the night-time." Holmes infers that the dog made no noise because the villain was someone the dog knew very well.)
Friday, August 10, 2012
Three Charts Every Gold Stock Trader Should See / Commodities / Gold and Silver 2012
By: DailyWealth
Jeff Clark writes: Everything is falling in place for a big gold stock rally...
So far this year, it's been tough to make money owning gold stocks. Every rally has been weak. Every subsequent decline has been steep. The big gold stock fund, GDX, for example is down 25% over the last 12 months.
This decline has made gold stocks very cheap... and ready to rally. Let me show you what I mean...
Friday, August 10, 2012
Cash Out Of Gold And Send Kids To College? / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,608.50, EUR 1,310.92, and GBP 1,030.69 per ounce.
Yesterday’s AM fix was USD 1,612.75, EUR 1,307.46 and GBP 1,029.79 per ounce.
Silver is trading at $27.91/oz, €22.84/oz and £17.96/oz. Platinum is trading at $1,405.50/oz, palladium at $576.00/oz and rhodium at $1,060/oz.
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Friday, August 10, 2012
Gold Bullion Market Marking Time Until Federal Reserve Symposium / Commodities / Gold and Silver 2012
By: Ben_Traynor
U.S. DOLLAR gold prices traded slightly lower Friday morning in London, hovering around $1610 an ounce for most of the session, as stock markets also edged lower and US Treasuries gained, after trade data from China provided further signs of economic slowdown.
China's trade surplus fell by 20% month-on-month in July, with both import and export growth slowing, according to official data published Friday.
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Friday, August 10, 2012
The Dumb Money Hates Silver, it’s Time to Buy / Commodities / Gold and Silver 2012
By: Money_Morning
Peter Krauth writes:
Speculators hate silver...
For the past year, the positive silver headlines have been few and far between.
Ever since the poor man's gold peaked near $50 in April of last year, it's become a despised metal.
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Thursday, August 09, 2012
Gold Production Down Another 4% In South Africa - Total Mineral Production Up 4.2% / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,612.75, EUR 1,307.46, and GBP 1,029.79 per ounce.
Yesterday’s AM fix was USD 1,607.00, EUR 1,298.90 and GBP 1,030.33 per ounce.
Silver is trading at $27.93/oz, €22.79/oz and £17.94/oz. Platinum is trading at $1,415.75/oz, palladium at $583.80/oz and rhodium at $1,060/oz.
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Thursday, August 09, 2012
Gold Seeks Foothold Above $1600 / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET prices to buy gold bullion hovered in a tight range around $1615 an ounce for much of Thursday morning in London – marginally above where they started the week – before dipping slightly around lunchtime, while stock markets also edged lower following gains earlier in the week.
"Gold seems to have gotten a foothold above the $1600 level and seems to be relatively stable," says Robin Bhar at Societe Generale
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Thursday, August 09, 2012
There Is More to Gold than Mere Capital Appreciation / Commodities / Gold and Silver 2012
By: The_Gold_Report
John Hathaway, senior managing director of Tocqueville Asset Management, does not particularly trust banks to keep stores of physical gold safe and segregated. Indeed, he considers his black lab Jake a better watchdog than the SEC. That is why he favors the SmartMetals program from Hard Assets Alliance, a new service launched in July. Hard Assets Alliance has partnered with Gold Bullion International (GBI) to offer precious metal purchasing and storage solutions to retail investors. With more investors realizing that safety of capital is the real reason to own gold, safe storage is more important than ever. Read more in this exclusive Gold Report interview.
Thursday, August 09, 2012
Get Ready for the Gold Rebound Before It Is Too Late / Commodities / Gold and Silver 2012
By: The_Gold_Report
While timing exactly when the rebound will happen is impossible, Marshall Auerback, director of Pinetree Capital, believes now is the time to pay the gold market renewed attention. In this exclusive Gold Report interview, he explains why the gold market is more interesting than in the recent past and shares what he would do if he were chairman of the Federal Reserve.
The Gold Report: Marshall, in a July 12, 2012, post on the Pinetree website, you suggest that some central banks may have forward-sold their gold against their initial positions, thereby eliminating them altogether. Can you tell us more?
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Wednesday, August 08, 2012
Could Gold Be Tripped Up by Coming Deflation? / Commodities / Gold and Silver 2012
By: Jeff_Clark
Interview with Jim Puplava, by Jeff Clark, Casey Research
Jim Puplava has robust convictions….
The CEO of Financial Sense News Hour, Jim is a man you should listen to carefully if gold factors in your portfolio or if you are thinking about adding gold anytime soon.
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Wednesday, August 08, 2012
GOLD Close to Confirming Breakout to All-time Highs / Commodities / Gold and Silver 2012
By: David_Banister
Back in the fall of 2011 I was warning my subscribers and the public via articles to prepare for a large correction in the price of GOLD. The metal had experienced a primary wave 3 rally from $681 per ounce in the fall of 2008 to the upper $1800’s at the time of my warnings in the fall of 2011. A 34 Fibonacci month rally was sure to be followed by an 8-13 month consolidation period, or what I would term a Primary wave 4 correction pattern.
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Wednesday, August 08, 2012
Silver Market Sees ‘Anomalies’ and ‘Devious Efforts’ - CFTC’s Chilton / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,607.00, EUR 1,298.90, and GBP 1,030.33 per ounce.
Yesterday’s AM fix was USD 1,613.00, EUR 1,300.39 and GBP 1,032.39 per ounce.
Silver is trading at $27.88/oz, €22.67/oz and £17.89/oz. Platinum is trading at $1,406.20/oz, palladium at $582.70/oz and rhodium at $1,100/oz.
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Wednesday, August 08, 2012
Gold Market "Lacking Momentum" as Traders "More Interest in Olympics" / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE U.S. DOLLAR gold price hovered just below $1610 an ounce for most of Wednesday morning's trading in London – in line with last Friday's close – while stocks and commodities ticked lower and US Treasuries gained.
The silver price dipped below $28 an ounce, although like gold, silver remains slightly above where it ended last week.
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Wednesday, August 08, 2012
What Happens to the Gold World When Greece Exits the Eurozone / Commodities / Gold and Silver 2012
By: Julian_DW_Phillips
Can it Happen?
It's becoming clearer and clearer that there is a large blind spot in the minds of financial people regarding this probability. Only financial men who have been in the markets for 40+ years understand what can happen. Since then and until 2007, financial men in general have lived in a growing, constructive world that has bred a comfort zone that's still the norm for them. But we've entered a decaying zone, one replete with disappointing financial news and sagging structures that repeatedly fail to meet expectations.
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Tuesday, August 07, 2012
Gold "Popular Again" Despite Worries Over Indian Monsoon / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE SPOT MARKET cost of buying gold climbed to $1616 an ounce Tuesday morning in London, its highest level so far this week, as commodity prices and stocks markets also edged higher, with the exception of the FTSE which was hit by allegations that one London-listed bank has hidden "secret transactions" from US regulators.
"Gold appears to be enjoying increasing popularity again," says Commerzbank's Commodities Daily note.
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Tuesday, August 07, 2012
Gold Market Optimistic on Central Bank Intervention / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,613.00, EUR 1,300.39, and GBP 1,032.39 per ounce.
Yesterday’s AM fix was USD 1,606.75, EUR 1,299.43 and GBP 1,032.28 per ounce.
Silver is trading at $28.08/oz, €22.71/oz and £18.01/oz. Platinum is trading at $1,415.70/oz, palladium at $582.50/oz and rhodium at $1,100/oz.
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Monday, August 06, 2012
No Need to Feed the Gold Bull / Commodities / Gold and Silver 2012
By: Ned_W_Schmidt
Animals, real or imaginary, must be fed on a regular basis. That feed, as we have also learned in recent years, can be either real feed or imaginary feed. Virtual animals that live on web-based children’s games can survive on virtual feed. Real bulls can only survive on actual grass or hay. Financial bulls can survive on a variety of imaginary feeds, but only for a limited period of time. As real feed has not been available for financial bulls for such a long period of time, their survival may be in question.
Monday, August 06, 2012
Silver Prices: When Schrödinger's Cat Jumps Out of Pandora's Box / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Although silver is traded as a commodity, it is also a form of money. You only have to go back less than a hundred years in the long span of human history to discover that silver once circulated widely as currency, typically in the form of silver coins.
In fact, the UK’s paper currency the Pound Sterling originally obtained its name from the British currency that once represented the value of one pound of sterling silver, which is a mixed metal that consists of more than 92.5 percent pure silver.
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Monday, August 06, 2012
Helicopter Ben and the Silver COT Report / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Sadly, when it comes to precious metals investing, no entity seems as important as the Federal Reserve. The Federal Reserve sets U.S. monetary policy, which has a direct impact on the purchasing power of the U.S. Dollar.
This central bank has virtually complete control over inflation in the United States, and hence it can strongly influence the future price of your metals.
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