Category: Gold and Silver 2012
The analysis published under this category are as follows.
Friday, May 18, 2012
Silver Dramatic Turnaround? / Commodities / Gold and Silver 2012
By: Hubert_Moolman
Here are a few patterns that might explain the current state of the silver price, as well as, provide the possible way forward.
Below is a 6-year chart of silver (all charts generated at fxstreet.com):
Thursday, May 17, 2012
Gold and Silver Market Manipulation? / Commodities / Gold and Silver 2012
By: Casey_Research
Doug Casey, Casey Research writes: For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness. This is not an unreasonable assertion. After all, the last thing the monetary powers-that-be want is to see is the price of gold skyrocketing. That would serve as an alarm bell, possibly panicking people all over the world, telling them to get out of the dollar. It's assumed, by those who believe in the theory, that the US Treasury is behind the suppression scheme, in complicity with a half-dozen or so large bullion banks that regularly trade in the metals.
Thursday, May 17, 2012
Cycle Low Approaching for Gold / Commodities / Gold and Silver 2012
By: Mike_Paulenoff
Looking at the big picture for spot gold, we see that the next cycle low is due in about 4 weeks. In other words, the current cycle that started at the end of December is about 85% complete.
That means that the strength off of yesterday's low at $1526.98 not only represented a deep retest of the December 29 low at $1522.48, it likely also satisfies the first coordinate in the next cycle bottoming period ahead of a new up-leg in the larger over-riding bull market in gold.
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Thursday, May 17, 2012
When Will The Flight Out Of Euros Benefit Gold and Silver Prices? / Stock-Markets / Gold and Silver 2012
By: Jeb_Handwerger
Around the year 1650 A.D. the word highwaymen entered our language. It referred to robbery committed on a public road against travelers. Now we use the phrase "highway robbery" for which we pay the tolls to travel on modern day roads. The highwaymen alas are among us and we have elected them. At such times it would not take much more in the destruction of mining equities to make investors feel as if they have been seduced by sweet talk and abandoned to the wolves of Wall Street by latter day highwaymen.
Thursday, May 17, 2012
Jump in Gold as France Refutes EU Pact / Commodities / Gold and Silver 2012
By: Adrian_Ash
THE WHOLESALE MARKET gold price jumped at the start of New York trade on Thursday, cutting the week's previous 3.3% dive to 5-month lows in half as the Euro fell and Eurozone stock markets slumped once again.
The gold price touched $1558 per ounce before easing $3 lower. Silver did not follow, failing to break this morning's earlier Dollar high at $27.86 per ounce.
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Thursday, May 17, 2012
What are Hedge Funds Doing With Gold? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
At the end of 2011, gold prices finished almost 20 percent below their all-time nominal highs made in September. European concerns and liquidation actions sent investors running towards the U.S. dollar for safety. Sound familiar? While many believed the decade long bull market in precious metals came to an end, several well-known hedge funds saw the pullback as a buying opportunity.
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Thursday, May 17, 2012
Gold, I Forget What You Did Last Summer / Commodities / Gold and Silver 2012
By: Adrian_Ash
Gold just gave back the last of its big surge from summer 2011's big crisis...
SO THE PRICE of gold keeps falling, and it keeps falling despite the imminent failure of Greece's Euro membership, the looming collapse of Europe's banking system, and the fast-looming debt-ceiling repeat and fiscal cliff in the US.
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Wednesday, May 16, 2012
What Will Happen to Greece and Gold? / Commodities / Gold and Silver 2012
By: Julian_DW_Phillips
What Greek Elections Now Mean
Greece cannot form a government so expect elections within a month. We have come to the point where the bad news is out -the markets are telling us that Greece will likely leave the Eurozone and possibly the euro as their 10-year debt continues to trade at 27%. They may not pay out €436 million to creditors and keep it, fearing they will not get the next bailout tranche. Reneging on the obligation also would constitute a default triggering derivatives contracts and clauses requiring the settlement of other un-swapped bonds. Meantime the country has no government to make the choice. The country may run out of money by early July. The standoff has reignited concern that Greece will renege on pledges to cut spending as required by the terms of its two bailouts negotiated since May 2010
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Wednesday, May 16, 2012
Liquidation of "Crowded" Gold Trade Pauses But "Clean-Out of Weak Hands Necessary" / Commodities / Gold and Silver 2012
By: Adrian_Ash
BENCHMARK prices to buy gold for London settlement rallied more than $10 an ounce off new five-month lows beneath $1528 on Wednesday morning, bouncing as the Euro, world stock markets and commodity prices also paused this month's sharp liquidation.
Spanish and Italian bond yields also eased back but remaind over 6% after Spain's prime minister Mariano Rajoy told the parliament in Madrid there is "a serious risk that the markets won't lend to us or lend only at astronomical prices."
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Wednesday, May 16, 2012
Buy Britain’s Gold Back / Commodities / Gold and Silver 2012
By: Jan_Skoyles
Great Britain was once the proud leader of the Classical Gold Standard. A global commercial and economic power, she operated on the gold standard from 1717.
The Standard allowed the free movement of capital which in turn financed and expanded trade. Twenty per-cent of the growth in global trade seen between 1880 and 1910 can be attributed to the stability of the gold standard.
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Wednesday, May 16, 2012
Silver and Gold Daily Bulletin/COT Review for period 4-26 to 5/8/2012 / Commodities / Gold and Silver 2012
By: Marshall_Swing
I must first apologize to my readers for this report being so late this week as the JP Morgan debacle has garnered my full attention.
Silver plummeted $-1.471 this past reporting period and gold drove $57.90 into the ground but do you know how they got there?
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Tuesday, May 15, 2012
Political and Economic Factors Bode Well for Gold / Commodities / Gold and Silver 2012
By: Przemyslaw_Radomski
So far, 10 European political leaders out of 17 have been ousted out of office like a falling dominos in a little more than a year.
The issue that has angered voters other than unemployment is austerity. We know from personal finances that when we overspend, we must cut back, pay our debts and rebuild our savings. That's the prudent thing to do and that's what the austerity school preaches. But what happens if the financial hole is so deep that there is no way to climb out by reasonable cutting back and saving? That's when you declare bankruptcy and your creditors share the pain. The laws of capitalism decree that if you don't assess risk correctly, you lose money. The conclusion is that austerity has to come with a mechanism for default, which is not the case in Europe.
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Tuesday, May 15, 2012
Gold Targets Drop to $1522 / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET gold bullion prices dipped below $1550 an ounce for the first time since December on Tuesday – a fall of 7% since the start of this month – before regaining some ground by lunchtime in London.
"The bear channel support had been at $1581," say technical analysts at Scotia Mocatta, the bullion banking division of Bank of Nova Scotia.
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Tuesday, May 15, 2012
Special Report: How to Buy Silver / Commodities / Gold and Silver 2012
By: Money_Morning
Larry D. Spears writes:
In late December, silver dipped to a 12-month low near $26 an ounce, and traders who responded to the barrage of "buy" recommendations were quickly rewarded as the metal soared to a high of $37.18 just two months later.
Today, silver has pulled back below $29 an ounce, giving investors another chance to establish a position before the metal makes its next move higher.
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Tuesday, May 15, 2012
Bundesbank Confirms German Gold Held By US, UK and French Central Banks / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,559.00, EUR 1,213.61 and GBP 969.95 per ounce. Yesterday's AM fix was USD 1,563.00, EUR 1,213.79 and GBP 972.62 per ounce.
Gold fell $22.70 to close at $1,558.60/oz in New York yesterday. Gold edged up in early Asian trading to $1,560/oz prior to renewed selling that saw the price fall and gold briefly pierced below support at $1,550/oz prior to a slight bounce higher in early European trading.
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Tuesday, May 15, 2012
A Contrarian's Guide to Volatile Precious Metals Markets / Commodities / Gold and Silver 2012
By: The_Gold_Report
Trotting the globe in his unrelenting quest for investing opportunities, Bob Moriarty had just completed a 21,000-mile travel-a-thon when he picked up the phone for this exclusive interview with The Gold Report. He liked a lot of what he saw, found plenty of bargains along the way and is willing to name names. Ever the contrarian, he is picking up stocks when everyone else is dumping them; he plans to cash in when the mass of sellers morphs into a mass of buyers and drives prices up.
The Gold Report: We're hearing many people these days warning that it's not a good time for investing in junior mining stocks. The TSX Venture Exchange has been experiencing some of its lowest volumes in six to nine months. What do you believe investors should do this summer?
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Monday, May 14, 2012
Gold Bull Market "Not Over" But Speculators Turn Bearish as Greek Insolvency Looms / Commodities / Gold and Silver 2012
By: Adrian_Ash
THE PRICE OF GOLD and gold futures dropped yet again Monday morning, recording the seventh drop in nine trading days in May so far as industrial commodities, global stock markets and the Euro currency all sank amid Athens' failure to negotiate a new coalition government.
Silver bullion also fell hard, touching $28.44 per ounce and losing 8.9% from the start of this month.
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Monday, May 14, 2012
Gold Turns Negative Year to Date, But Bull Market is Not Over / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,563.00, EUR 1,213.79 and GBP 972.62 per ounce. Friday's AM fix was USD 1,580.75, EUR 1,221.69 and GBP 980.98 per ounce.
Gold fell $12.70 to close at $1,581/oz in New York on Friday. Gold has fallen again today and has now erased the gains for the year. Gold edged up in early Asian trading as bargain hunters lifted prices from four month lows, but gains were capped and prices gradually fell and falls continued in European trading.
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Monday, May 14, 2012
Gold and Silver Major Bottom This Week? / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
Normally catching a bottom is not difficult. Bottoms tend to occur instantly while market tops form during a process. Yet, I’ve found that bottoms of long-term significance do not occur instantly. Like tops, they can take time to develop. For example, think about late 2008 to early 2009. Commodities hit their price low in December but the bottoming process began in October and wasn’t complete until May. Emerging markets hit their low in November but the process began in October and ended in March. Returning to the present, we see that Gold and Silver look set to retest their late December lows. Our work leads us to argue that the metals will successfully retest their lows and soon emerge from what in the future will be considered a major bottom in-line with 2008, 2005 and 2001.
Monday, May 14, 2012
Has the Silver Price Bottomed Yet? / Commodities / Gold and Silver 2012
By: Bob_Kirtley
Greece, the tin pot tail of Europe appears to wagging the economic dog of Europe at will as their inability to appoint a pro-austerity government has failed. This situation is further exasperated by France, with its newly elected 'no austerity' leader, stating that he will spend more now and not less in an attempt to boost economic activity if France. The German Chancellor, Angela Merkel, is now toast after suffering a significant blow as voters in Germany's largest state rejected her austerity policies.
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