Category: Gold and Silver 2012
The analysis published under this category are as follows.
Sunday, June 03, 2012
Did We Just See A Bottom In Gold? / Commodities / Gold and Silver 2012
By: Jesse
"Quite unexpectedly, except perhaps among a handful of long-time gold advocates, gold is quietly and gradually moving back to its centerpiece role in international reserves. Stretched and threatened financially, nation states have begun accumulating gold for the same reason private individuals do -- as portfolio insurance to cover a wide assortment of economic uncertainties.
Saturday, June 02, 2012
The Gold Price Spike / Commodities / Gold and Silver 2012
By: Brian_Bloom
Summary and Conclusion - The technical evidence suggests that today’s spike in the gold price was more probably a technical upward reaction within a secondary bear trend than the commencement of a strong up move.
Scanning today’s charts, the following P&F chart of the gold price (courtesy stockcharts.com) caught my eye:
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Saturday, June 02, 2012
The Mother of All Gold Bull Markets? / Commodities / Gold and Silver 2012
By: The_Gold_Report
Is gold preparing for another shot up to $2,500/ounce heights or on the way down after being overbought? In this exclusive interview with The Gold Report, two respected names in the investing world share their arguments for what could happen in the coming years and how to profit from it. Financial Adviser Peter Grandich predicts a lot more upside while AlphaNorth Asset Management Chief Investment Officer Steve Palmer has a more cautious outlook on the shiny metal. Where are you putting your money?
Saturday, June 02, 2012
Short squeeze in Gold GLD ETF / Commodities / Gold and Silver 2012
By: Anthony_Cherniawski
GLD has been keeping us on edge Friday. A normal wave relationship is where wave [5] = wave [1] at 160.28, or some Fibonacci value of wave [1]. Wave [5] has already made a 61.8% relationship and appears finished as I write.
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Saturday, June 02, 2012
The Most Important Gold Market Event Since 1999 / Commodities / Gold and Silver 2012
By: Michael_J_Kosares
Consider this from a recent World Gold Council (WGC )report:
Read full article... Read full article..."Central banks continued to buy gold; net purchases recorded during the [first quarter, 2012] amounted to 80.8 tonnes, accounting for around 7% of global gold demand. Central banks from a diverse group of countries added to the overall holdings of the official sector, with a number of banks making sizable purchases. Diversification requirements and growth in foreign exchange reserves of a number of countries point towards a continuation of this trend."
Friday, June 01, 2012
Gold and Silver And Miners Beginning to Outperform General Markets / Commodities / Gold and Silver 2012
By: Jeb_Handwerger
Recently, the gold (GDX) and silver (SIL) miners have been outperforming the S&P 500, indicating that we may be seeing the rotation from overvalued equities into the undervalued miners. This is occurring on large volume, indicating major investors are beginning to enter the deeply undervalued sector. The gold miners appear to be reversing on high volume, indicating that we are seeing major accumulation at these price levels. A few bullish, high volume reversal days within a couple of weeks indicates that we could be very close or at the bottom of this consolidation.
Friday, June 01, 2012
Gold GLD ETF Surges, But No Breakout / Commodities / Gold and Silver 2012
By: Anthony_Cherniawski
GLD surged nearly to its former Head & Shoulders neckline and 50-day moving average at 157.76. Normally I would have taken some of our position off the table if GLD had closed above short-term trend support/resistance at 152.61. This case, however, was out of the blue. I think that since Goldman was selling TLT, it decided to try GLD as the new “safe haven.”
Friday, June 01, 2012
Global Gold Mining Stock Trends / Commodities / Gold and Silver 2012
By: Zeal_LLC
It wasn’t long ago that global gold-mine production had fallen to alarming lows. In 2008 this bellwether supply source was on the heels of a 5-year 13% decline, offering the markets its lowest output in 12 years. And this precipitous plunge had left folks scratching their heads considering gold demand was on the rise and its price was entrenched in a powerful secular bull.
Friday, June 01, 2012
Gold Price Jump Wipes Out Week's Loss After Disappointing U.S. Nonfarms Report / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET prices to Buy Gold jumped to $1589 per ounce on Friday, immediately after the release of worse-than-expected US nonfarm jobs data.
The US economy added 69,000 nonagricultural private sector jobs in May, according to official data published Friday, compared with analysts' forecasts for 150,000.
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Friday, June 01, 2012
Gold Rises In EUR and CHF in May and Outperforms Stocks Which Fell Sharply / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,552.50, EUR 1,259.53, and GBP 1,015.37 per ounce. Yesterday's AM fix was USD 1,567.50, EUR 1,262.08, and GBP 1,010.51 per ounce.
Silver is trading at $27.45/oz, €22.36/oz and £17.99/oz. Platinum is trading at $1,398.00/oz, palladium at $598.10/oz and rhodium at $1,200/oz.
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Thursday, May 31, 2012
Has Gold Price Hit Bottom, and What Will Drive it to $10,000? / Commodities / Gold and Silver 2012
By: Nick_Barisheff
The macro-economic conditions that have supported gold's bull run over the past decade have not changed; in fact, they've become progressively worse. This is the calm before the storm, and last week's intra-day low of US$1,535 an ounce may well have been a bottom.
Thursday, May 31, 2012
Myths and Realities of Returning to a Gold Standard / Commodities / Gold and Silver 2012
By: Terry_Coxon
Terry Coxon, Casey Research writes:
The gold standard, under which any holder of paper dollars could redeem them for gold at the US Treasury, is now within the living memory of just a few million Americans, nearly all of whom would be dangerous behind the wheel. But thanks to the money printing and the federal deficits that have grown to astounding scales since 2008, and thanks also to the clashing pronouncements of Ron Paul and Ben Bernanke, the idea of a gold standard has resurfaced in the public's consciousness.
Thursday, May 31, 2012
The Pending Rush to Buy Gold and Silver / Commodities / Gold and Silver 2012
By: Adrian_Ash
Too Many Cars, Too Few Spaces
Government debt is so good for you, even the second- or third-best will do in this rush...
"ONCE PEOPLE decide that German and US bonds are not such a great store of value," said one BullionVault user I spoke to last week, "the rush to find parking spots in a very small car-park will be on."
Thursday, May 31, 2012
Gold and Silver Finally Decouple from Euro, Stocks and other Commodities / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE BULLION gold prices rose Thursday lunchtime in London, extending yesterday's sharp jump and cutting this week's 2.5% drop by more than two thirds even as the Euro currency again slipped through $1.24 for the second day running.
Trading near $1564 per ounce, however, Dollar gold prices headed towards their fourth monthly drop in succession, losing some 5.3% in May.
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Thursday, May 31, 2012
Patience Pays with Gold and Silver / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
There seems to be no shortage of turmoil in the markets. The European debt crisis continues to remain in focus, while a multi-billion dollar loss by America’s largest bank does little to restore confidence in the financial system. Even Facebook, the most highly anticipated initial public offering in years, has failed to spark interest in equity markets. In the current situation, one might expect precious metals to perform well as investors seek safety, but the complete opposite has been true.
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Thursday, May 31, 2012
Gold Price Surgers Higher, Safe Haven "Tipping Point"? / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD, EUR, and GBP per ounce.
Yesterday's AM fix was USD 1,548.75, EUR 1,244.98, and GBP 995.41 per ounce.
Gold rose 0.38% or $6.00 in New York yesterday and closed at $1,564.80/oz. However the 0.38% gain does not convey the positive price action. This saw gold fall initially in unison with risk assets such as equities and commodities - including oil.
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Wednesday, May 30, 2012
Gold Bulls Miscalculate as Price Falls Through $1550 / Commodities / Gold and Silver 2012
By: Adrian_Ash
The U.S. DOLLAR gold price fell further on Wednesday morning, trading at 1-week lows beneath $1550 per ounce as world stock markets dropped and the Euro hit a fresh two-year low amid fresh debt woes in the 17-nation currency union.
The European Commission in Brussels accused Spain – where unemployment is now above 25% – of not doing enough to meet its deficit-reduction targets.
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Wednesday, May 30, 2012
Gold Capped atg $1,580, Hit by Another Concentrated Burst Of Selling On High Volume / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,548.75, EUR 1,244.98, and GBP 995.41 per ounce. Yesterday's AM fix was USD 1,573.75, EUR 1,254.48, and GBP 1,003.67 per ounce.
Silver is trading at $27.75/oz, €22.39/oz and £17.87/oz. Platinum is trading at $1,416.25/oz, palladium at $597.75/oz and rhodium at $1,275/oz.
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Wednesday, May 30, 2012
Trading Euro Misery with Gold / Commodities / Gold and Silver 2012
By: Adrian_Ash
Is the Euro as good as gold again, or is gold investing only as good as the Euro...?
SO "HEDGE FUNDS find ways to trade Euro misery," according to a Reuters headline. And with no hint of irony, the newswire includes gold in its list.
Tuesday, May 29, 2012
Gold’s “Contrarian Moment” / Commodities / Gold and Silver 2012
By: David_Galland
Glancing at the news most days, it's hard not to feel like Bill Murray's character in Groundhog Day. In the event you are unfamiliar with the movie, in it Murray's character becomes trapped in the same day… day after day.
In the current circular condition, we have the powers-that-be assuring us that the next high-level meeting will finally produce a permanent fix to the broken economy, essentially solving the sovereign debt crisis. Then, in no more than a few days, or at most a couple of weeks, the fix is revealed to be flawed and the crisis again sparks into flames... followed shortly thereafter by yet another high-level meeting – and the cycle begins anew.
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