Category: Gold and Silver 2012
The analysis published under this category are as follows.
Wednesday, July 04, 2012
Gold "Helped by Short Covering" / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET gold prices held steady around $1615 an ounce during Wednesday morning's London trading – 1.1% up on last week's close – while stocks edged lower and the Dollar gained, amid reports that the European Central Bank is expected to cut interest rates tomorrow.
A day earlier, gold prices rallied as high as $1624 an ounce during Tuesday's US trading, the last trading day before today's Independence Day holiday.
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Tuesday, July 03, 2012
"QE3 Probability" Could Boost Gold Price / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold prices traded close to $1610 an ounce for most of Tuesday morning in London, after breaking through the $1600 mark during the earlier Asian session.
Silver prices touched $28 an ounce for the first time in nearly two weeks, while stocks and commodities also gained after disappointing US manufacturing data led to renewed speculation that the Federal Reserve might launch a third round of quantitative easing, known as QE3.
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Tuesday, July 03, 2012
Did the EU Summit Affect Gold? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
The markets rallied last week as European leaders made progress at a two-day summit in Brussels. European Union participants said they would speed up plans to create a single supervisor to regulate the region’s banking system, and also agreed that EU bailout funds should be used to directly increase capital of struggling banks. The news was a surprise to traders, but little has changed in the big picture.
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Tuesday, July 03, 2012
Gold and Silver Paper Sellers Conveniently Trapped / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
The large and mostly naked holders of short positions in precious metals are conveniently trapped, especially in the silver market. Covering in any meaningful way would blow the U.S. Dollar's cover.
The Dollar’s increasingly serious valuation issues are also being ignored, but this may only last as long as the Euro continues to remain in the currency market’s spotlight as a target for selling pressure as Europe’s debt problems deepen.
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Tuesday, July 03, 2012
The Gold to Silver Price Ratio and the Surge in Silver Jewelry Buying / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Some would say that the gold to silver price ratio is meaningless.
Others debate whether it will revert back to historic values maintained at a level mandated by law or policy, or if it will be based on actual above and below ground supply. Above ground investment grade silver is reversed, with five times more gold, while estimates indicate that nine times more silver than gold remains to be mined.
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Monday, July 02, 2012
Gold Price Could Benefit from Policymakers Actions / Commodities / Gold and Silver 2012
By: Ben_Traynor
U.S. DOLLAR gold bullion prices hit $1597 an ounce during Monday morning trading in London – in line with where they ended last week – while European stock markets ticked higher following the release of better-than-expected European manufacturing data.
"Gold still remains in the same range since early May," say technical analysts at bullion bank Scotia Mocatta, adding that gold "would have to move above trendline resistance [at $1624] to reverse the bearish posture."
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Monday, July 02, 2012
Why Deflation is the Biggest Catalyst for Gold and Silver / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
By now, everyone has seen the chart of Homestake Mining and its bull market run from 1924 through 1935. Hence, there is no need to repost it. In this editorial, Frank Barbera shows a handful of charts of gold stocks and gold stock indices during the Depression era. US Gold producers apparently bottomed in 1929 while the Financial Times Gold Index bottomed in 1931. The time to buy the gold stocks was when deflation set in. More recently, the time to buy gold stocks and physical (Gold or Silver) has coincided with fears of deflation.
Sunday, July 01, 2012
Silver Price Triple Bottom / Commodities / Gold and Silver 2012
By: Clive_Maund
Much of what is written for the Gold Market update applies equally to silver, so it will not be repeated here. There are, however, some important differences that we will focus on here, which suggest that silver now has really big upside potential from this point, despite its comparatively anemic reaction on Friday to the news out of Europe, compared to other commodities.
Sunday, July 01, 2012
Gold Price Triple Bottom / Commodities / Gold and Silver 2012
By: Clive_Maund
The European Union is a creation of global elitists, the Bilderberg et al, in pursuit of their long-term goal of a world government. Whether this is a good thing or not depends in large part on whether politicians in positions of great power can be trusted to behave fairly and responsibly. In deciding if this is the case you have plenty of empirical evidence to assist you in making up your mind, based on their activities and antics of the past several years and their consequences for the global populace.
Sunday, July 01, 2012
The Gold Price Stutters Around $1600 / Commodities / Gold and Silver 2012
By: Miles_Banner
The gold price today continues to linger around $1,600 closing on Friday at $1,599 or £1,017 per ounce.
On Friday the gold price surged higher after Eurozone officials agreed to ease restrictions on emergency loans to European banks. The spot price grew as much as $44.37, or 2.9%, to $1,601.27 per ounce in morning trading.
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Saturday, June 30, 2012
Gold Stock Investors Need to Understand Basic Geology / Commodities / Gold and Silver 2012
By: The_Gold_Report
Chris Wilson, president of Exploration Alliance, a niche consulting group, believes education is an investment basic. In this exclusive interview with The Gold Report, Wilson shares his guidelines for winnowing out the crowded junior mining sector to find the companies worth serious investigation and urges investors to know their porphyries from their narrow veins.
The Gold Report: Chris, you have described the junior mining industry as being "in disarray." Do you have any ideas for investors who might want to participate in the space, but may be a bit confused or discouraged?
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Saturday, June 30, 2012
Garnering Gold Nuggets From Financial Crisis Investing / Commodities / Gold and Silver 2012
By: DeepCaster_LLC
“A continuation of bailouts in Europe could ultimately spark another world war, says international investor Jim Rogers….
“‘Add debt, the situation gets worse, and eventually it just collapses. Then everybody is looking for scapegoats. Politicians blame foreigners, and we’re in World War II or World War whatever.’
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Friday, June 29, 2012
Gold Gets "Shot in the Arm" from Europe / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold prices hit $1584 an ounce ahead of Friday's US trading – a 2.3% rise from the previous day's low – while stocks, commodities and the Euro also rallied following news of an "important" agreement at the European Union summit in Brussels.
Silver prices climbed to $27.38 by lunchtime in London – a 4.6% gain on yesterday's low.
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Friday, June 29, 2012
Navigating Global Troubled Waters With Gold and Silver Safe Haven / Commodities / Gold and Silver 2012
By: Jeb_Handwerger
We have climbed the wall of worry for over twenty years as wealth in the ground becomes increasingly desirable in a world that is threatened with the ghosts of depressions past. We observe the doubters who regale us with such headlines as "The Fed's Big Move Is No Solution" or a noted economist writes that he senses the tone of urgency of Fed Governor Janet Yellen's remarks that "the scope remains to provide additional accommodation." Yellen's comments are really repetitions of her boss The Fed Chairman Ben Bernanke.
Friday, June 29, 2012
Europeans Storing Gold in Switzerland On Concerns About Inflation and Systemic Risk / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,569.50, EUR 1,248.01, and GBP 1,006.09 per ounce.
Yesterday’s AM fix was USD 1,567.75, EUR 1,261.47, and GBP 1,008.98 per ounce.
Silver is trading at $27.26/oz, €21.25/oz and £17.54/oz. Platinum is trading at $1,420.25/oz, palladium at $576.20/oz and rhodium at $1,190/oz.
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Thursday, June 28, 2012
Gold, Silver and the Black Hole of Deflation / Commodities / Gold and Silver 2012
By: Julian_DW_Phillips
In Part I of this series we looked at the decaying state of confidence and how this is assisting in the deflationary process that is slowly, inexorably, moving forward, with limited action from central bankers and very little action at all from politicians. We looked at Christine Legarde's comments that highlighted the need for value and measures of value to keep the monetary system under control. And then we looked at the loss of money velocity, deflation and the damage it's doing to the solvency of banks and nations.
Thursday, June 28, 2012
Gold Lacks All Safe Haven Interest as Commodities Pull Silver Lower / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE PRICES to buy gold ticked back above $1570 per ounce in London trade Thursday lunchtime, but held onto a 0.5% loss for the session as stock markets fell ahead of today's Euro crisis summit in Brussels – the 12th such meeting in 12 months.
"Nein! No! Non!" said the front-page of German finance daily Handelsblatt, urging chancellor Angela Merkel not to concede to calls for weaker monetary or fiscal policy across the 17-nation currency zone.
Thursday, June 28, 2012
The Record Breaking 1 Tonne Gold Bulllion Coin / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,567.75, EUR 1,261.47, and GBP 1,008.98 per ounce.
Yesterday’s AM fix was USD 1,567.50, EUR 1,255.31, and GBP 1,003.39 per ounce.
Silver is trading at $26.93/oz, €21.77/oz and £17.39/oz. Platinum is trading at $1,406.50/oz, palladium at $575.20/oz and rhodium at $1,190/oz.
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Thursday, June 28, 2012
Is Gold a Zero Risk Financial Asset? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
Gold has been called many things over the past several years. The shiny yellow metal is seen as a safe-haven to some, but a barbaric lifeless asset by others. In short, gold has trouble receiving a wide range of support as a key player in the global financial system. However, new developments may slowly change how investors and institutions view the precious metal.
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Wednesday, June 27, 2012
Pressure Mounting on Gold, But Central banks Still Adding to Reserves / Commodities / Gold and Silver 2012
By: Ben_Traynor
U.S. DOLLAR gold prices dropped as low as $1565 an ounce during Wednesday morning's London trade – 1.4% down on this week's high – before recovering some ground by lunchtime, while stock markets posted slight gains ahead of tomorrow's European Union summit.
Silver prices traded below $27 an ounce for most of this morning, while other industrial commodities were broadly flat on the day by lunchtime.
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