Category: Gold and Silver 2013
The analysis published under this category are as follows.
Tuesday, February 19, 2013
Changing Gold Demand and the U.S. Dollar Link / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
The World Gold Council published a report last week that raises a few important questions and quite a few eyebrows, so let's examine it.
You can access the report here. We recommend that you read it, but if you're not going to go through the entire report, please just take a look at its first page and the chart with total demand for gold from 2003 to 2012.
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Tuesday, February 19, 2013
Gold "Headed for Sell Off" Despite Stronger US Coin Sales / Commodities / Gold and Silver 2013
By: Ben_Traynor
WHOLESALE prices for gold bullion hovered above $1610 an ounce during Tuesday morning's London session, having ticked higher in Asian trading following losses yesterday, as stock markets also gained, with the US set to reopen following a holiday yesterday.
Gold is still down around 3% on the month however following last week's drop.
"[Last week's] bearish close should lead to a sell-off to below the $1600 level unfolding in the weeks to come," reckons Axel Rudolph, senior technical analyst at Commerzbank.
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Tuesday, February 19, 2013
British Pound at Risk Of "Large-Scale Devaluation" As Currency Wars Intensify / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce.
Yesterday’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53 per ounce.
Silver is trading at $30.13/oz, €22.68/oz and £19.56/oz. Platinum is trading at $1,700.25/oz, palladium at $765.00/oz and rhodium at $1,245/oz.
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Tuesday, February 19, 2013
Are Gold and Silver Prices Being Suppressed? / Commodities / Gold and Silver 2013
By: Videos
Money manager Eric Sprott contends, "Physical demand for gold is out of line with supply. How can all these new people come into this market when there has been no increase in supply . . . for the last 12 years?" Sprott's analysis shows central banks are selling to make up for the shortfall and opines, "I would hate to think what happens when we all find out there is no gold in the Treasury." Join Greg Hunter as he goes One-on-One with Eric Sprott of Sprott Asset Management
Tuesday, February 19, 2013
Gold Pattern of Predictability / Commodities / Gold and Silver 2013
By: Darah_Bazargan
Investors have experienced a state of prolonged frustration--where prices are TRAPPED between the upper and lower width of a symmetrical trading band. This is a reversal sequence that is gradual in nature, but unfolds in a horrendous ‘up and down’ affair until a sufficient amount of both time and distance is reached. Prices here regroup, gather strength, and undergo heavy accumulation as both, buyers and sellers, eagerly anticipate a forthcoming directional move.
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Monday, February 18, 2013
Gold Fails to Hold Asian Gains, Next Large-Scale Devaluation "Could Be the Pound" / Commodities / Gold and Silver 2013
By: Ben_Traynor
U.S. DOLLAR gold bullion prices failed to hold onto gains made in Monday's Asian session, falling to $1611 an ounce by lunchtime in London, just a few Dollars above Friday's six-month low, as the US Dollar extended recent gains.
Gold dropped 3.4% over the course of last week, including a sharp drop during Friday's US trading.
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Monday, February 18, 2013
China And India Gold Demand Returns / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53per ounce. Friday’s AM fix was USD 1,629.25, EUR 1,221.42 and GBP 1,052.01 per ounce.
Silver is trading at $30.04/oz, €22.59/oz and £19.49/oz. Platinum is trading at $1,690.20/oz, palladium at $756.00/oz and rhodium at $1,225/oz.
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Monday, February 18, 2013
U.S. Dollar Rally Reason for Falling Gold Price / Commodities / Gold and Silver 2013
By: Donald_W_Dony
Gold's recent decline has brought into question, with many investors, why the price of the metal is falling and where it will find support.
Over the last few days, gold has dropped through a key support level at $1650 and descended quickly down to the next lower level at $1600-$1595 (Chart 1).
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Monday, February 18, 2013
Silver Prices Remain in a Consolidation Mood / Commodities / Gold and Silver 2013
By: Bob_Kirtley
So far this year silver prices appear to be range trading at around the $30.00/oz level. Gold prices have been under considerable selling pressure which in turn has tended to cap any rally that silver could muster. The anecdotal evidence suggests that the demand for physical silver remains strong, however over on the COMEX the paper shorts appear to have the whip hand.
Sunday, February 17, 2013
Gold: What Goes Up, Goes Down / Commodities / Gold and Silver 2013
By: Andrew_McKillop
DR. GREENSPAN'S LEGACY
Alan Greenspan is very far from being ashamed, lying low and offering No Comment - he is a great man, he thinks, and some leading mainstream media editorialists also think. Commenting his track record from the standpoint of money in circulation, the gold price, and gold mining company stock, with a look at previous outbreaks of the situation we have today, Mark J. Lundeen said:
Sunday, February 17, 2013
Gold 1550 to 1570 For a Range Trade, If It Gets There / Commodities / Gold and Silver 2013
By: Jesse
This looks like a long consolidation, with a range trade of 1550 to 1800.
If we do get down as low as 1570 one might be inclined to step in and buy, adding to longer term holdings and for a trade, with an eye to that 1550 as a low and an upside target north of 1700.
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Saturday, February 16, 2013
Gold And Silver Current Decline Not Over / Commodities / Gold and Silver 2013
By: Michael_Noonan
We often make a distinction between buyers of physical precious metals, [PMs] and buyers of futures, exhorting the former to buy with impunity, and some may see that as cavalier, given how the price for both gold and silver have been in recent decline.
The point for buyers of PMs is for both protection and creation of wealth. Protection against insidious central bankers destroying currency-purchasing power, over time, and wealth creation as evidenced by those buying PMs over the past decade and seeing the intrinsic value grow dramatically.
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Saturday, February 16, 2013
Gold Cycles, Where is he Bottom? / Commodities / Gold and Silver 2013
By: Ed_Carlson
Gold has been moving essentially sideways for more than a year since printing a high in August/September 2011. With last week's drop to below the lows of last December/ January many investors must be asking 'where is the bottom in gold?'
Saturday, February 16, 2013
Gold Long-term Trading Cycles Implications for Future Price Moves / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
This week price moves in the gold market could certainly give investors the creeps. The yellow metal opened at around $1,668 on Monday, closed $1,634 on Thursday and is currently (at the moment of writing these words) at $1,606.
We have stressed it many times that in order to make long-term investment decision one should put more weight on long-term charts rather than focusing on short-term noise. Today we will focus on the long-term gold chart - it gives the most insight into what may happen in the long run. Let us jump straight into it (charts courtesy by http://stockcharts.com)
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Friday, February 15, 2013
Gold’s Young Upleg / Commodities / Gold and Silver 2013
By: Zeal_LLC
Gold has suffered a tough slog lately, unable to advance despite central banks aggressively inflating their money supplies all over the world. Seeing gold stuck in the mire despite very bullish fundamentals has certainly exacted a psychological toll on traders. They are irritated and discouraged after watching the yellow metal inexplicably languish for months. But technically gold still remains in a young upleg.
The mortal enemy of successful speculation and investment is emotion. Greed seduces traders into buying high, while fear frightens them into selling low. This of course is the exact opposite of the buying low and selling high necessary to multiply your wealth in the markets. After decades of trading, I believe the greatest antidote to succumbing to popular greed and fear is perspective. Context is everything.
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Friday, February 15, 2013
Gold and the Universal Truth / Commodities / Gold and Silver 2013
By: Richard_Mills
Fascism is a totalitarian system of government that bases its economy on a later, more mature stage of capitalism, it's a marriage of government authority and military/police power managed by corporate influence.
"The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it comes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group." Franklin D. Roosevelt
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Friday, February 15, 2013
Why the U.S. Mint Keeps Running Out of Silver Coins / Commodities / Gold and Silver 2013
By: Money_Morning
Tony Daltorio writes: So far in 2013, buying silver coins has been one of investors' favorite ways to profit from a climb in the white metal's price.
The demand for physical silver from small investors in the form of coins is really remarkable. A record 7.5 million ounces of silver coins were sold in January.
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Friday, February 15, 2013
Hedge Funds Move From Gold GLD To Other ETFs / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,629.25, EUR 1,221.42 and GBP 1,052.01 per ounce.
Yesterday’s AM fix was USD 1,644.00, EUR 1,233.22 and GBP 1,060.37 per ounce.
Silver is trading at $30.26/oz, €22.80/oz and £19.61/oz. Platinum is trading at $1,692.50/oz, palladium at $759.00/oz and rhodium at $1,225/oz.
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Friday, February 15, 2013
Is Gold Becoming a Risk-off Asset? / Commodities / Gold and Silver 2013
By: Jordan_Bryne
Lately we’ve been writing about the negative correlation between the equity market and the precious metals market. This phenomenon has been in place since summer 2011 and has re emerged in the past few months. Since November 23, the S&P 500 is up 8% while the gold shares are down 14%, Silver has lost 11% and Gold 7%. For those who have studied history this should not come as a total surprise.
Thursday, February 14, 2013
Gold Volatility – Are You Worried? / Commodities / Gold and Silver 2013
By: DeviantInvestor
Does this sound familiar? “Gold is going nowhere – up one day and down the next! I’m scared! Maybe I should bail out.”
Unlike buying stocks, which Wall Street and the media are constantly touting, gold is difficult to buy and hold. Proof: The S&P500 Index has made essentially no gain in 13 years, while gold has increased in price about 15% per year for the past 13 years. Yet few people own gold, and many people still listen to the siren song of Wall Street – “buy and hold stocks forever.” Going against the herd is difficult, and buying gold is a contrarian investment. Few people buy gold, fewer still hold on through bull and bear markets, and most still believe the nonsense that “gold is in a bubble.”
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