Category: Gold and Silver 2012
The analysis published under this category are as follows.Monday, April 02, 2012
Gold Bull Market Not Over, Depressed Stocks Primed to Take off / Commodities / Gold and Silver 2012
There is no indication on gold's long-term chart that its bullmarket is over, it appears to be simply pausing to consolidate after its sharp rise last year. Why should its bullmarket be over when the only solution to the global debt problem is to buy time by creating more debt which makes the problems even worse? It's true that "they" might throw in the occasional deflation scare as an arm twisting measure to justify bailouts and more QE etc, but other than that the course is set firmly in the direction of fiat worthlessness.
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Monday, April 02, 2012
Silver Forming Head and Shoulders Bottom Pattern / Commodities / Gold and Silver 2012
Silver is marking out a Head-and-Shoulders pattern that parallels the one forming in gold, but whereas the one in gold is classified as a Head-and-Shoulders continuation pattern, the one in silver is classified as a Head-and-Shoulders bottom. The reason for this difference is that the pattern in gold has formed not very far beneath the highs, and thus comparatively does not have much of a loss to reverse, whereas the pattern in silver has got quite a lot to reverse, as can be seen by comparing the 15-month chart for silver shown here with the 1-year charts for gold presented in the Gold Market update.
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Saturday, March 31, 2012
Should Investors Activate Gold and Silver Airbags? / Commodities / Gold and Silver 2012
Earlier this week, a fully loaded Brinks truck carrying between $3 million and $5 million in uncirculated loonies and toonies crashed on a snow covered highway in Ontario, Canada. The truck crossed the centre line and slammed into a rock, launching the coins in every direction. The accident is an unfortunate event, but can serve as an analogy about today’s fragile fiat currencies.
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Saturday, March 31, 2012
Will the Stock Market and U.S. Dollar Situation Affect Gold? / Commodities / Gold and Silver 2012
This Wednesday Goldman Sachs reiterated its position that investors should buy gold. Goldman Sachs remains bullish on the precious metal, citing the familiar fundamentals-- low interest rates and subdued economic growth as catalysts for gold prices to rise this year.
Goldman economists expect another round of quantitative easing from the Federal Reserve will weigh on the U.S. dollar and push gold higher. From Goldman:
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Friday, March 30, 2012
Will India Stop Buying Gold? / Commodities / Gold and Silver 2012
Jeff Clark, Casey Research : We've read mixed reports about how lofty gold and silver prices are affecting demand in India. One month we're told demand is up, and the next it's supposedly down. I'm not suggesting that official reports are inaccurate, but it is admittedly confusing and doesn't help us understand the real trend in the country.
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Friday, March 30, 2012
Silver Avoids 4th Straight Quarterly Loss, Gold Also Heads for Gains / Commodities / Gold and Silver 2012
U.S. DOLLAR gold bullion prices hit $1669 an ounce ahead of US trading, more or less in line with where they started the week.
Stocks and commodities edged higher and US Treasuries dipped, while the Euro gained ahead of today's Eurozone finance ministers' meeting in Copenhagen.
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Friday, March 30, 2012
Gold Rises and Silver Surges In Q1 2012 - Fiat Currency Devaluation Continues / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,660.75, EUR 1,245.31, and GBP 1,038.68 per ounce. Yesterday's AM fix was USD 1,655.75, EUR 1,245.86 and GBP 1,041.22 per ounce.
Gold fell $3.00/oz or 0.18% in New York yesterday and closed at $1,660.10/oz. Gold traded sideways in Asia prior to seeing a slight climb to $1,665.55/oz in late Asian trading and is now trading in Europe near $1,662.65/oz.
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Friday, March 30, 2012
The Gold Price Is Manipulated, But That's Okay / Commodities / Gold and Silver 2012
The price of gold is being actively managed by central planners and their proxies. The main culprit here appears to be the US authorities, as the manipulation is most apparent in the US open gold market. For the most part, this 'management' has resulted in letting the price of gold rise, but not too much, or too quickly.
The price of gold has always been an object of interest for governments and central bankers. The reason is simple enough to understand: Gold is an objective measure of the degree to which fiat money is being managed well or managed poorly.
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Friday, March 30, 2012
Silver Nano-Trees Developed to Increase Solar Cell Efficiency / Commodities / Gold and Silver 2012
Silver paste is used as a highly efficient conductor of electricity in the vast majority of crystalline silicon photovoltaic cells, which are the most prevalent form of solar cell used to generate solar power. Solar cell manufacture uses as much as 12 percent of the global silver supply on an annual basis.
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Friday, March 30, 2012
Fed’s Bernanke Disparages the Pseudo-Gold-Standard / Commodities / Gold and Silver 2012
Just about all of the world’s national currencies in circulation today consist of paper or fiat currencies that have been assigned value by official decree or fiat, rather than due to any real intrinsic value they may possess, other than perhaps the ability to generate a significant amount of heat when burned. Furthermore, these currencies represent the debt of a country, rather than any real store of value.
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Friday, March 30, 2012
Silver Fractal Analysis Forecasts $70+ 2012 / Commodities / Gold and Silver 2012
Around this point in the fractal cycle in the late 70's, Gold busted out of its channel to rise sharply higher, along with Silver. Silver's channel top will lie up around $68 to $70 over the coming months which we believe will be reached in 2012. The next higher angled resistance bands for Silver run from $112 to $115, and then up at the $123 area. By the end of the Silver Bull, we expect to see Silver reach $500+.
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Thursday, March 29, 2012
Is Gold hustling for a move? / Commodities / Gold and Silver 2012
Gold investors have had to endure quite a lot in the last six months. Not only has the gold price barely moved from six months ago, but it has endured an up, down, up, down chopping motion during this period of volatility. Future volatility in the gold price was something that some investors were calling for at the beginning of 2011, and volatility we got. During the last six months, this most psychological of markets, has endured all sorts of emotional squeezes, take downs and Buffett’s now regular wise cracks.
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Thursday, March 29, 2012
Brown’s Gold bottom and the Toffee Top / Commodities / Gold and Silver 2012
Jan Skoyles looks at Gordon Brown’s reasons for selling half of Britain’s gold over ten years ago and asks have we reached the top of the gold market thanks to George Osborne’s rediscovered interest in our gold investments?
Last week George Osborne, never one to miss a swipe at the opposition, made the effort to remind everyone of Gordon Brown’s Bottom.
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Thursday, March 29, 2012
Will Monetary Policy and Inflation Continue to Support Gold? / Commodities / Gold and Silver 2012
Earlier this week, gold and silver prices jumped after Ben Bernanke delivered a speech that sparked more quantitative easing speculation. However, both precious metals have since given up gains as investors continue to employ a “buy the dip, sell the rip” trading mentality. According to CPM Group, a commodities research and investment company, this is a trend that is likely to continue, but gold prices should receive support.
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Wednesday, March 28, 2012
The Gold GroundHog Grind / Commodities / Gold and Silver 2012
A very important objective change has taken place in the gold market. Its price is not moving above the resistance established in the 1600 to 1900 wide berth range. Its price is not moving below support in the same wide permitted range. When the gold price has approached the 1800 level recently, all manner of naked soldiers emerge with imaginery swords to whack the price down, to bring it under heel. The ruse has a high cost in the real world though, as the gold cartel has been forced to shed an enormous supply of gold as punishment for each naked short episode. The opponents to fraudulent controlled manipulated markets have emerged in force to respond. They fight from the East. They fight for a fair and equitable market.
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Wednesday, March 28, 2012
US Interest Rates Should Support Gold Price / Commodities / Gold and Silver 2012
WHOLESALE MARKET gold prices dropped to below $1680 an ounce Wednesday morning – 1% down on their high for the week – after failing a day earlier to break the $1700 barrier.
Silver prices drifted below $32.50 per ounce – a 2.3% drop from Tuesday's peak – while stocks and commodities traded sideways and US Treasuries ticked lower.
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Wednesday, March 28, 2012
Investing in Precious Metals: Four Ways to Diversify With Palladium and Platinum / Commodities / Gold and Silver 2012
Martin Hutchinson writes: Even gold and silver investors need to diversify.
That's why investing in precious metals means more than simply buying the "barbaric relics" that have served as money in the past.
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Wednesday, March 28, 2012
Lunacy and Confusion Over the Gold Standard / Commodities / Gold and Silver 2012
It drives me crazy when I read stuff by “economists” that is just plain wrong. Some of them are allegedly “MBAs” and “PhDs” but I think that their common sense is actually “DOA”.
Unfortunately, millions in the public arena see their interviews and blogs and they seem to automatically swallow their commentaries… hook, line and sinker. Let’s address some of the nonsense that these pundits are expressing.
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Tuesday, March 27, 2012
Bernanke's Problem with the Gold Standard / Commodities / Gold and Silver 2012
In his new lecture series, Federal Reserve (Fed) Chairman Ben Bernanke is going out of his way to discuss the "problems with the gold standard." To a central banker, the gold standard may be considered "competition," as their power would likely be greatly diminished if the U.S. were on a gold standard. The Fed, Bernanke argues, is the answer to the problems of the gold standard. We respectfully disagree. We disagree because the Fed ought to look at a different problem.
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Tuesday, March 27, 2012
Gold Climbs Above 200-day Moving Average / Commodities / Gold and Silver 2012
THE SPOT MARKET gold price traded just below $1700 an ounce for most of Tuesday morning in London – over 4% up on its low last week – before heading lower just ahead of the US markets open as the US Dollar regained some of the ground it lost on Monday following comments by Federal Reserve chairman Ben Bernanke.
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