Category: Gold and Silver 2012
The analysis published under this category are as follows.
Wednesday, June 27, 2012
Gold Bides Time As ‘Risk Free’ German Debt Gets Downgraded / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,567.50, EUR 1,255.31, and GBP 1,003.39 per ounce.
Yesterday’s AM fix was USD 1,583.25, EUR 1,267.41, and GBP 1,013.73 per ounce.
Silver is trading at $26.85/oz, €21.59/oz and £17.87/oz. Platinum is trading at $1,416.00/oz, palladium at $580.00/oz and rhodium at $1,190/oz.
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Wednesday, June 27, 2012
While Banks Crumble, The Next Leg Up For Gold Prices Draws Near / Commodities / Gold and Silver 2012
By: Money_Morning
Peter Krauth writes:
Something's afoot in the world of high stakes finance.
The Basel Committee for Bank Supervision (BCBS) is about to decide something crucial to bankers, sovereign nations, and gold investors alike.
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Wednesday, June 27, 2012
Gold and Silver- Keep it Simple / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
This weekend I had a conversation with a fund manager friend who I admire. He lives in the Asia-pac region and has tremendous knowledge of and insight into markets. I asked him what his advice would be. He told me it's simple. My advice for the next three months is patience. My advice for the next three years is precious metals. People often feel the need to complicate things by over-trading and over-thinking the situation. In this piece, we want to keep it simple for Gold and Silver and the mining shares.
Wednesday, June 27, 2012
An Ending Made For Gold / Commodities / Gold and Silver 2012
By: Frank_Holmes
Over the past several months, the markets have tested investors' conviction to gold. Since February, the price of the yellow metal has steadily stepped lower, rallying somewhat in May before falling again when Ben Bernanke disappointed by not providing the U.S. with more stimulus. Meanwhile, the dollar gained ground as global investors fled the euro.
Tuesday, June 26, 2012
Gold Price Negative Forecast Remains / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET prices to buy gold traded just above $1580 an ounce throughout Tuesday morning's London session, up around 0.6% on last week's close following gains the previous day.
Prices to buy silver traded in a tight range around $27.50 an ounce – 2.1% up on the week so far.
"After last week's bearish price action it is hard to get excited about a sustained rally [for gold]," says the latest note from technical analysts at bullion bank Scotia Mocatta.
Tuesday, June 26, 2012
Turkey, Russia, Ukraine and Kazakhstan Further Diversify Into Gold / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,583.25, EUR 1,267.41, and GBP 1,013.73 per ounce.
Yesterday’s AM fix was USD 1,569.00, EUR 1,256.41, and GBP 1,009.00 per ounce.
Silver is trading at $27.47/oz, €22.08/oz and £17.64/oz. Platinum is trading at $1,445.25/oz, palladium at $601.40/oz and rhodium at $1,190/oz.
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Monday, June 25, 2012
Never Catch a Falling Knife, Gold Market Bottom Only In Hindsight / Commodities / Gold and Silver 2012
By: John_Lee
The last 18 months have been gut-wrenching for mining equity investors.
Monday, June 25, 2012
Silver the Rare Earth Metal / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
The last years of mining silver could well be compared to studies that indicate the world is approaching the last years of pumping oil.
While the earth’s stores of silver may not actually run out anytime soon, increasing demand and increasingly difficult mining opportunities for silver tends to put upward pressure on the cost of extracting what silver is left from the planet.
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Monday, June 25, 2012
US Dollar, Euro (DM before 1999), Yen and Sterling Depreciation Against Gold Since 1900 / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1,569.00, EUR 1,256.406 and GBP 1,009.0 per ounce. Friday’s AM fix was USD1,570.50, EUR 1,251.79 and GBP 1,005.70 per ounce.
Monday, June 25, 2012
Gold Trades "In Sideways Range" Ahead of European Summit / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET gold bullion prices dropped below $1570 an ounce during Monday morning's London session, though they remain broadly in line with where they ended last week, with markets focused on this week's European leaders' summit.
Gold bullion is now at levels similar to those seen in the second week in May, when gold fell through $1600 for the first time in 2012.
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Monday, June 25, 2012
Gold Price Some Way Off 2011's Bubble / Commodities / Gold and Silver 2012
By: Miles_Banner
The gold price started steady last week with good news for the euro, the Greek pro bailout party, New Democracy, won the elections. And the eurozone members of the G-20 party agreed to drive down borrowing costs across the single currency area, according to the communiqué from the summit in Mexico.
Sunday, June 24, 2012
Gold and Silver Ending a Week of Shenanigans / Commodities / Gold and Silver 2012
By: Jesse
Gold and Silver Ending a Week of Shenanigans
Well, we can say goodby to this week, and good riddance to what proved to be a rough week for the metals bulls and miner mavens, except for the good news that Harvey Organ's illness was not life threatening and he will be fine it appears.
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Saturday, June 23, 2012
Blythe Master's Next Move - Silver Leads Again / Commodities / Gold and Silver 2012
By: Marshall_Swing
We have seen hundreds of articles in the last couple of weeks that the bottom is in for the PMs and they are about to go upward and onward...
Not so, I have been telling everyone for months that prices are headed down, down, down. But down is a very good thing for us who are in the physical scene because we can add far more ounces to our stash for the same fiat money number we have sitting on the sidelines.
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Saturday, June 23, 2012
Gold Price Imminent Breakdown / Commodities / Gold and Silver 2012
By: Brian_Bloom
Below is a weekly chart of the gold price – courtesy stockcharts.com. This chart is reaching for a significant decision and the portents are bearish:
- Last week, the gold price failed to penetrate above the downward pointing resistance trend line notwithstanding all the chaos in Europe.
- The Fibonacci resistance level also held
- The gold price is now sitting on the first support line of the descending right-angled triangle
- The MACD histograms deteriorated. Further deterioration will cause downside penetration of that first support line
Saturday, June 23, 2012
Gold Investors Gaining from Economic Exposés and Realities / Commodities / Gold and Silver 2012
By: DeepCaster_LLC
“The U.S. economy looks weaker than it did when the Fed last met in April. Growth was more sluggish in the first three months of the year than first estimated.
“Job growth averaged only 73,000 in April and May, after average gains of 226,000 per month in the first three months of the year.
“The number of people seeking unemployment benefits has risen about 5 percent in the past six weeks, and employers posted sharply fewer jobs openings in April compared to the previous month.
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Friday, June 22, 2012
Is Gold About to Rally? USD Index and Crude Oil Prices Suggest Otherwise / Commodities / Gold and Silver 2012
By: Przemyslaw_Radomski
Congratulations. Let’s all take a collective deep sigh of relief. Instead of a new crisis, we're just going to keep having the same old one.
Greeks voted to stay in the European Union with a narrow victory for the center-right New Democracy party. A global crisis has been averted—for now. But as we take a deep sigh of relief let’s keep in mind that the euro is already on a slippery slope to oblivion.
Friday, June 22, 2012
Surprise Strength in Gold / Commodities / Gold and Silver 2012
By: Adrian_Ash
Given the challenges it faces, gold so far in 2012 has in fact proven strong...
"Gold Price Plummets" is the obvious headline right now. But fact is, the gold price has in truth been surprisingly strong so far this year.
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Friday, June 22, 2012
Six Percent Interest Rate Can Draw Gold from the Moon / Commodities / Gold and Silver 2012
By: Richard_Mills
At the start of golden ages golden stories should be told
Following many years of net annual sales in the 400 to 500 tonne range, central banks, underweighted in gold and overweight in dollars and euro's, became net buyers of gold in 2009 - in 2002 central banks sold 545 tonnes of gold, in 2011 they bought 440 tonnes.
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Friday, June 22, 2012
Mobilization of Gold / Commodities / Gold and Silver 2012
By: Julian_DW_Phillips
Contributions to the I.M.F. Come with Conditions
While the B.R.I.C.S nations are contributing to the I.M.F.'s funding with the purpose of shoring up the global financial system, they've stipulated that they want more power in the I.M.F. China is contributing $43 billion, so as it races to become the world's leading economic and financial nation it wants a bigger part of the decision making process, commensurate with its rising power. So the first question to be asked is, "Will it get it?"
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Friday, June 22, 2012
How Does Gold Fare During Hyperinflationary Periods? / Commodities / Gold and Silver 2012
By: Jeff_Clark
Jeff Clark, Casey Research writes:
Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we'd like to know if the precious metals would keep pace in this extreme scenario.
Hyperinflation is an extremely rapid period of inflation, but when does inflation (which can be manageable) cross the line and become out-of-control hyperinflation? Philip Cagan, one of the very first researchers of this phenomenon, defines hyperinflation as "an inflation rate of 50% or more in a single month," something largely inconceivable to the average investor.
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