Category: Gold and Silver 2012
The analysis published under this category are as follows.
Friday, May 04, 2012
Gold Antidote to The Most Investment Destructive Force / Commodities / Gold and Silver 2012
By: DeepCaster_LLC
“[Fed Chairman Ben] Bernanke and the Fed have zero credibility… Bernanke has never been right about anything.
“We have inflation in the U.S., and it’s going to get worse.
“They’ve printed staggering amounts of money. They’ve taken staggering amounts of debt on their balance sheet. Much of it is garbage.
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Friday, May 04, 2012
Gold Rallies Following Disappointing U.S. Nonfarm Payrolls Jobs Data / Commodities / Gold and Silver 2012
By: Ben_Traynor
U.S. DOLLAR gold prices rallied to $1640 an ounce Friday, following the release of disappointing US nonfarm jobs data, though they remained more than 1% down on last Friday's close.
Silver prices also spiked higher, touching $30.19 per ounce – still 3.4% down on the week – while European stocks were down on the day and government bond prices up by Friday lunchtime in London.
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Friday, May 04, 2012
Keynes, the closet Gold bug / Commodities / Gold and Silver 2012
By: Jan_Skoyles
In his 1923 book ‘A Tract on Monetary Reform’, John Maynard Keynes famously wrote ‘In truth, the gold standard is already a barbarous relic.’
Many gold bugs have come to take this quote as a belief that Keynes applied this line of thought, by implication, to gold as well.
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Friday, May 04, 2012
Gold Bubble? “More People That Own Apple Stock Than Gold" / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,629.50, EUR 1,240.20, and GBP 1,007.54 per ounce. Yesterday's AM fix was USD 1,642.50, EUR 1,251.24 and GBP 1,015.90 per ounce.
Silver is trading at $29.99/oz, €22.93/oz and £18.60/oz. Platinum is trading at $1,533.50/oz, palladium at $657.40/oz and rhodium at $1,350/oz.
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Friday, May 04, 2012
The Case for Higher Gold Prices / Commodities / Gold and Silver 2012
By: Money_Morning
Diane Alter writes:
Gold prices had gold bugs giddy in the fall of 2011. In September, the luminous yellow metal touched an intraday high of $1,920 a troy ounce, putting the precious metal up roughly 35% for the year.
At the time it seemed like investors, traders and even the guy at the corner store were all buying, hoarding, and lusting for gold.
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Friday, May 04, 2012
The Silver Bull Market Is Over? / Commodities / Gold and Silver 2012
By: Investmentscore.com
Is the Silver Bull Market Over? This is one question that we feel very confident that the answer to it is no; but still we are specifically watching for articles or news stories suggesting that the precious metals bull market is over. We have seen a few articles announcing the end of the metals bull market and we will explain why this is significant to us later in this article. But first, there are a host of reasons why we think the bull market in precious metals is alive and well and we will address a few of these reasons in this article.
Friday, May 04, 2012
Precious Metals: Don’t Want To Play Anymore? / Commodities / Gold and Silver 2012
By: Dudley_Baker
We suspect that many precious metals investors are saying, “We don’t want to play anymore!” and our reply is, “You want to quit right now, right at the bottom of this cycle? You must be crazy - crazy with a capital C!” True, this is a very challenging market environment for resource shares, but we know what the ultimate outcome will be: higher share prices. The only question is “when” and our opinion is that we are very close in time (within days or a week or two at most) of being able to say that the lows are behind us. Let me explain.
Friday, May 04, 2012
Lindsay: No Final Bottom in Gold before Summer / Commodities / Gold and Silver 2012
By: Submissions
Ed Carlson writes: In the course of a Ûyear career George Lindsay never applied his methods to anything other than the equity markets. The reasons were obvious; the Standard Time Spans, an integral part of his methods, were derived from a study of the equity markets covering more than 150 years of market data. An undertaking such as that would have been exhausting. No doubt, Lindsay left the investigation and application of his methods to other asset classes for other analysts.
Thursday, May 03, 2012
The Most Boring Gold Market Ever? / Commodities / Gold and Silver 2012
By: Ben_Traynor
We've just had the quietest 40 days since the financial crisis began...
HOW OFTEN are gold prices as range bound as this?
The London gold fix on Wednesday afternoon marked the fortieth trading day in a row that gold fixed between $1600 and $1700.
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Thursday, May 03, 2012
Gold "Lackluster" in "Calm Before Storm" / Commodities / Gold and Silver 2012
By: Adrian_Ash
THE PRICE OF GOLD in wholesale trading slipped to a new 1-week low at $1640 per ounce in London on Thursdayb as the US Dollar rose and crude oil slipped again.
Ahead of Friday's much-anticipated US Non-Farm Payrolls report for April, weekly data showed a fall in the number of jobless benefit claimants.
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Thursday, May 03, 2012
Were We Wrong About the U.S. Dollar? Is it Safer than Gold? / Commodities / Gold and Silver 2012
By: Jan_Skoyles
As figures are released this week which cast yet more negative light on the US economy we ask why is the US dollar not suffering much as a result? Were wrong about the dollar? Is it a safer safe haven than gold investment?
This week figures were released to show that US debt is now at a record $15.962bn, or 101.5% of GDP. One wonders if President Obama, or in fact any potential sovereign leader out there has any idea how to solve this without printing yet more money and issuing yet more debt.
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Thursday, May 03, 2012
Catalytic Events Moving Gold Stocks / Commodities / Gold and Silver 2012
By: The_Gold_Report
Sagient Research Systems is known for its investor research in the drug and medical device field, but the firm has also tailored its scientific approach to market-moving catalysts in the precious metals industry. In this exclusive interview with The Gold Report, Senior Analyst Jocelyn August discusses looming events in a select group of natural resource stocks that are expected to move as information flows out.
The Gold Report: Jocelyn, you are following catalysts that affect resource stocks. Tell me about that.
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Thursday, May 03, 2012
What Do Americans Think About Gold? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
Precious metals have been relatively quiet this week. After posting its best weekly gain in two months, gold is trading slightly lower at about $1,650 per ounce. Meanwhile, silver is trading near $30.50 per ounce. Gold and silver are currently taking a pause, but have been in a bull market for more than a decade and apparently Americans are taking notice.
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Thursday, May 03, 2012
Gold Price Breaks 3-Month Rule for 1st Time in 11 Years / Commodities / Gold and Silver 2012
By: Adrian_Ash
Last time gold fell for 3 months running was March 2001. And so...?
IT HAD BECOME so rare, you could take its absence for granted to buy gold on the cheap.
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Thursday, May 03, 2012
A Weak Economy Remains Gold's Best Friend / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
It was Bob Prechter of Elliott Wave fame, likely among others who noted that correlations between all asset classes are quite strong during a Depression. This is true in a cyclical sense but not in a structural sense. Stocks tumbled in the 1929-1941 period while commodities, led by Gold and gold producers, increased in value. We've experienced similar phenomena in the past 12 years. Cyclically, there has been a correlation between these asset classes. Structurally, stocks have been in a bear market and resource sector has been in a bull market. The driving force has been a weak economy and bear market which usually leads to more inflationary policy, which in turn benefits the resource sector. Are we soon to see a replay of this scenario?
Wednesday, May 02, 2012
Gold Down in Dollars, Up in Euros, "Anemic" US Economy Misses Bernanke Jobs Target / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE SPOT MARKET gold price rallied to $1658 an ounce ahead of Wednesday's US trading, following the release of disappointing US jobs data – though gold in Dollars remained down on the week so far.
The ADP National Employment Report shows the US economy added 119,000 nonagricultural private sector jobs in April – less than many analysts had forecast. The ADP report is closely watched as a precursor to the official nonfarm payrolls report, which is out this Friday.
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Wednesday, May 02, 2012
Gold - It's Time to Climb the 'Golden Staircase' / Commodities / Gold and Silver 2012
By: Money_Morning
William Patalon III writes:
When U.K. subscriber John M. wrote in this week, he got right to the point.
Asked John: "What's happening to gold prices? Why are they dropping?"
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Wednesday, May 02, 2012
Swiss National Bank Loses 10% of GDP in Gold trade! / Politics / Gold and Silver 2012
By: Mario_Innecco
We have heard this morning that the Swiss National Bank or SNB has almost doubled its reserves of pound sterling or British pounds to £14.52 billion in the first quarter of 2012 as they try to diversify away from the euro. With that in mind we dug a bit deeper into the activities of this central bank and especially their gold sales that took place between 1999 and 2008.
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Wednesday, May 02, 2012
America's "Safest Long Term Investment" Is Gold - Gallup / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,652.50, EUR 1,257.71, and GBP 1,020.44 per ounce.
Yesterday's AM fix was USD 1,661.25, EUR 1,253.02 and GBP 1,024.70 per ounce.
Gold fell $4.40 or 0.26% in New York yesterday and closed at $1,661.70/oz. Gold rose to over $1,670/oz in early US trading prior to selling capped price gains and the price then fell back to the $1,660/oz level.
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Wednesday, May 02, 2012
The Gold Inflation Trade is On: Bernanke Has Broken the U.S. Dollar Rally / Commodities / Gold and Silver 2012
By: Toby_Connor
It may not seem like much happened yesterday, but a very important event occurred. Yesterday the dollar index breached 78.65. The reason that is significant is because 78.65 marked the intraday low of the prior daily cycle. A penetration of that level indicates that the current daily cycle has now topped in a left translated manner and a new pattern of lower lows and lower highs has begun. Any time a daily cycle tops in a left translated manner it almost always indicates that the intermediate cycle has also topped.