Category: Gold and Silver 2013
The analysis published under this category are as follows.Friday, February 22, 2013
Now is the Time to Buy Gold and Silver / Commodities / Gold and Silver 2013
Since the end of December we’ve been writing about the coming bottom in precious metals. Our forecast for 2013 was to see a low in Q1 and then continued consolidation until the end of the summer in which Gold could be in good position to break $1800. That forecast remains largely intact, although it appears the mining stocks will bottom quite a bit lower than we thought two months ago and even five months ago. Three weeks ago we noted that a potential final bottom was on the way. After beating around the bush we are ready to say that now is the time to begin buying and we’ll show you why.
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Friday, February 22, 2013
How Strong is Gold Demand? / Commodities / Gold and Silver 2013
Since hitting all-time nominal highs above $1,900 an ounce, the price of gold has declined and essentially traded sideways for over a year. The price action has discouraged some investors, but others are still purchasing the precious metal in record amounts.
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Friday, February 22, 2013
Gold Sitting at Ledge of Support Cliff / Commodities / Gold and Silver 2013
A Rough Start for 2013
Well Gold hasn`t had a particularly good start to the year, in fact, a good pairs trade would be going long the S&P 500 and short the Gold market for a nice 12% return in two months. But many Gold Investors are not yet ready to throw in the towel for 2013, and some even have targets in the 2000 an ounce area, and think this pullback, although significant, represents an excellent buying opportunity.
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Friday, February 22, 2013
Keep Your Head When Investing In Gold and Silver / Commodities / Gold and Silver 2013
"If you can keep your head when all about you Are losing theirs and blaming it on you...And--you'll be a Man, my son!" ~ If by Rudyard Kipling
Today a news item from the Wall St. Journal crossed my desk entitled, "A Fearful Time For Gold". Then I read another article entitled, "S&P500 In Longest Winning Streak Since 2004." These articles are an indication of what the majority is thinking and may be a contrarian buy alert for my readers.
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Friday, February 22, 2013
GOLD – In Your Self-Interest / Commodities / Gold and Silver 2013
It is in your self-interest to own gold and silver!
This may not have been true from 1982 - 2000, but it definitely is true today and will be true as long as central banks are aggressively monetizing debt ("printing money") and devaluing their currencies.
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Thursday, February 21, 2013
Gold and the Bankster Panic Crash of 2013 / Commodities / Gold and Silver 2013
TRASH ALL MONEYS
Normally this slogan comes from Anarchists or possibly Marxists, and more recently in Europe, since 2008, from Black Bloc groups which have moved on and extended their previous protest range which covered anti-nuclear action, protest against squatter evictions, civil rights protests, even gay marriage protest, either for or against. The Bankster Bloc is now onside and active, in the same quest. Its slogan is the same as the Black Bloc: Trash All Moneys.
Thursday, February 21, 2013
Gold Bounces Off 7-month Low as Stocks Drop / Commodities / Gold and Silver 2013
The PRICE of GOLD bounced off a fresh 7-month Dollar low on Thursday morning in London, rising after their worst 1-week drop since May 2012 amid what one analyst called "a proper sell-off on the precious metal markets."
Prices for Eurozone gold investors fell to a 16-month low at €1172 per ounce, despite a further 1¢ drop in the single currency to its own 6-week low of $1.3166.
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Thursday, February 21, 2013
Fear In Gold Market As Hedge Funds And Retail Sell / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,568.50, EUR 1,189.34 and GBP 1,030.96 per ounce.
Yesterday’s AM fix was USD 1,602.00, EUR 1,195.34 and GBP 1,045.76 per ounce.
Silver is trading at $28.73/oz, €21.87/oz and £18.91/oz. Platinum is trading at $1,608.50/oz, palladium at $716.00/oz and rhodium at $1,200/oz.
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Thursday, February 21, 2013
Massive Global Gold Price Manipulation Exposed / Commodities / Gold and Silver 2013
Most of the articles I read on gold and silver week after week claim the author’s analysis is correct, and the market prices are wrong (sure this must make sense to them but I don’t quiet follow)! They claim this divergence is because the market is manipulated – hence over the last 6 months I have been on a quest to find out who is manipulating gold and silver. It would appear my journey to discover who is responsible for this Mass Manipulation of Gold is over!
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Thursday, February 21, 2013
Why Gold is Still a Great Long-term Investment / Commodities / Gold and Silver 2013
Jeff Uscher writes: There are a lot of moving parts to the gold story so let's start with the biggest takeaway: Gold prices are facing only a temporary setback.
Longer-term, as the U.S. Federal Reserve and other central banks begin to wind down quantitative easing and, more importantly, begin to ease interest rates back up to more "normal" levels, inflation should begin to kick in and drive gold up to new highs, making the yellow metal a great long-term investment.
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Thursday, February 21, 2013
Gold Death Cross Now Unavoidable / Commodities / Gold and Silver 2013
The Cross of Death is now unavoidable for gold prices as the 50dma is set to cross over the 200dma in a downward swing. The chart below shows that there was considerable damage done to gold following the last cross of death with gold prices dipping to the $1550/oz level. However this was short lived as gold recovered and managed to form a golden cross as the 50dma crossed over the 200dma in an upward swing. So it’s a crisscross situation that we find ourselves in as nervous investors, swing traders, speculators and fund managers go with the trend of day and trade accordingly.
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Thursday, February 21, 2013
Gold and Silver Nearing MAJOR Long Term Support / Commodities / Gold and Silver 2013
Gold and silver along with their related miners have been under a lot of selling pressure the last few months. Prices have fallen far enough to make most traders and investors start to panic and close out their long term positions which is a bullish signal in my opinion.
My trading tactic for both swing trading and day trading thrive on entering and exiting positions when panic trading hits an investment. General rule of thumb is to buy when others are extremely fearful and cannot hold on to a losing position any longer. When they are selling I am usually slowly accumulating a long position.
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Wednesday, February 20, 2013
The Great Gold Deception and Misdirection / Commodities / Gold and Silver 2013
“Fascism should more properly be called corporatism, because it is the merger of state and corporate power.” Benito Mussolini
It would be fortunate for the western world, particularly the United States, if it were “merely” becoming a neo-fascist dictatorship. But since all life forces evolve, particularly those that are evil, the west is actually experiencing something far more pernicious: namely, a banksterist dictatorship, which is en route to something even worse.
Wednesday, February 20, 2013
Gold Bull Market `Still Intact' Says HSBC's Respected Steel / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,602.00, EUR 1,195.34 and GBP 1,045.76per ounce.
Yesterday’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce.
Silver is trading at $29.07/oz, €21.83/oz and £19.9/oz. Platinum is trading at $1,664.50/oz, palladium at $753.00/oz and rhodium at $1,225/oz.
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Wednesday, February 20, 2013
Gold Falls Below $1600 for First Time in 6 Months, "Sharp Move Could Trigger Stronger Demand" / Commodities / Gold and Silver 2013
THE SPOT gold price dropped below $1600 an ounce for the first time in six months Wednesday, as the Dollar strengthened and stock markets were broadly flat, ahead of the publication of the latest Federal Reserve policy meeting minutes later today.
Silver fell to $29.19 an ounce, also a six month low, while other commodity prices were little changed on the day.
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Wednesday, February 20, 2013
Gold's Price Dip, Stick to the Facts / Commodities / Gold and Silver 2013
Gold dipped below $1,600 last week, falling to a six-month low, much to the chagrin of gold investors. I find the timing of the correction peculiar, given the G20 Finance Ministers Meeting taking place over the weekend. There's been a growing debate over Japan's move to devalue its currency to stimulate growth, with reaction from the G-7 leaders stating that "domestic economic policies must not be used to target currencies," reports Reuters.
While the G-7 tried to legitimize the currency debasement with this statement, in reality, investors seem to be able to see through to the real motivations.
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Wednesday, February 20, 2013
Embrace Silver Price Volatility All the Way to the Bank / Commodities / Gold and Silver 2013
Most precious-metals investors know that silver is more volatile than gold. But do they know just how big that difference really is?
We thought it would be interesting to measure how much greater silver's daily moves are – both in gains and declines – than gold.
We documented the daily price movements for both metals, and then calculated the difference using absolute values. To interpret the charts below, you need to know that:
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Wednesday, February 20, 2013
Gold and Silver Price Discovery and Transparency / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: The price someone is willing to sell to you is not necessarily the value that you'd get for selling the same thing back...
It's interesting how people become accustomed to pricing.
When we go to a retail store here in the United States of America, we accept the price which is posted for the product as the final price in most cases. And because of this retail phenomenon, we have come to accept in many cases the price quoted as the final price. So it is that many are not accustomed to thinking about where the price comes from.
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Wednesday, February 20, 2013
Will Obama Confiscate Guns and Gold? / Politics / Gold and Silver 2013
Wendy McElroy writes: Barack Obama often compares himself to Franklin D. Roosevelt. When he does, gold owners reach for a gun, of which they usually have several. Gold and guns are becoming politically entangled, and a connecting word is often “confiscation.”
The prospect of gun confiscation is fueling discussion of FDR's 1933 nationalization of gold ownership, which resembled Hugo Chavez's nationalization of Venezuelan gold mines in 2011. FDR did so by executive order; Chavez did so by decree. If guns in America are also 'nationalized', then the 1933 gold grab may have insights on how the state could proceed and how American public may react.
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Tuesday, February 19, 2013
It Pays to Follow the "Smart Money" on Gold / Commodities / Gold and Silver 2013
Jeff Clark writes: The smart money was right again.
Last October, we took a look at the commercial traders' actions in the gold market. We noted that the so called "smart money" had amassed a net short position of more than 300,000 gold futures contracts. And the price of gold usually fell at least 10% on previous occasions when the commercial traders had gotten that short.