Category: Gold and Silver 2013
The analysis published under this category are as follows.Monday, November 11, 2013
Three Reasons Why Gold's Best Days Are Ahead / Commodities / Gold and Silver 2013
It may be hard to find someone as enthusiastic about precious metals mining as Sean Brodrick. A natural resource strategist with the Baltimore-based Oxford Club, an independent financial organization, Brodrick isn't only filling his own portfolio with gold miners, he's launching two new newsletters to research and vet resource stocks. While Brodrick might be putting his money where his mouth is, it's not without solid reasoning and deep research. In this interview with The Gold Report, Brodrick discusses the projects he's visited, the management he's met and the companies that are getting his attention.
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Monday, November 11, 2013
Time to Rethink Your Gold Investments? / Commodities / Gold and Silver 2013
Mohammad Zulfiqar writes: Is it time to rethink your gold investments? This question is being asked by those who have held on to their investments as the prices of the precious metal have come down significantly. It wasn’t too long ago when gold bullion prices soared beyond $1,900 an ounce; this year, they are facing scrutiny. Gold bullion prices witnessed plunges in April and June, and now sit close to $1,300—down more than 31% from their peak.
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Monday, November 11, 2013
How to "Democratize" Gold... and Give the Government a Black Eye / Commodities / Gold and Silver 2013
Peter Krauth writes: We all know that, so long as the Fed keeps the printing presses on, the risk of a worldwide currency crisis gets even higher.
Gold, of course, is the timeless hedge here - for all the reasons you and I know.
But are we truly prepared for a currency crisis?
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Sunday, November 10, 2013
Silver Price Technical Perspective / Commodities / Gold and Silver 2013
All people in the futures markets are there to make money, [hedgers excepted], or they would not subject themselves so unnecessarily to the risks. Even buyers of the physical, Stackers, want to get as low a price as they can. More people are fundamentally inclined than are technically driven. As a consequence, they like to read articles that provide a degree of psychological comfort in support of their own view of the market.
With the onslaught of bullish news/facts/figures about silver over the past year, one need only look at where the price of silver is and ask, "How is that bullish information working out for you?" This applies less to buyers of the physical, but even they need an occasional reminder that even though price has declined, their end game is still in process.
Saturday, November 09, 2013
Gold And Silver – Cognitive Disconnect Between Physical And Paper / Commodities / Gold and Silver 2013
When one understands the widely pervasive but narrowly understood phenomenon of cognitive dissonance that permeates most of the Western world, it is not so difficult to put into context the disparity between demand for physical gold and silver and supply for the faux paper market. There is a growing sense for many that everything in the financial world is out of line, and way out of line for many others.
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Friday, November 08, 2013
Gold Futures Buying Returns / Commodities / Gold and Silver 2013
Heavy and relentless selling by American futures speculators has been one of the primary drivers of gold’s horrendous year. These traders abandoned gold on the long side while piling in on the short side, unleashing withering selling pressure. But just in recent weeks, these speculators have started buying gold-futures contracts again on the long side. This critical and long-awaited reversal is very bullish for gold.
Futures speculators have long been at odds with gold investors. With gold futures’ inherent extreme leverage and expiration dates, speculators must maintain a very-short-term perspective in order to survive. Their whole worldview is based on technicals and sentiment, with trades lasting hours, days, or maybe weeks on the outside. Gold’s supply-and-demand fundamentals are largely irrelevant at this short scale.
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Friday, November 08, 2013
U.S. Non-Farm Data Sinks Gold, Bond Prices Set for Fed Tapering / Commodities / Gold and Silver 2013
The PRICE of GOLD slumped $20 per ounce in 10 minutes Friday lunchtime in London, as the Dollar rose after much stronger than expected US jobs data.
Non-farm payrolls added 204,000 jobs net in October, the Bureau for Labor Statistics said, beating analysts' lowest prediction in a year of 125,000.
Friday, November 08, 2013
Stockholm Syndrome and the Precious Metals Price Discovery / Commodities / Gold and Silver 2013
The level of fraud in the financial system with utter lack of prosecution or accountability, combined with the ongoing love affair between the largest offenders and collective mainstream, results in financial media being a victim of the so-called Stockholm syndrome.Read full article... Read full article...
Friday, November 08, 2013
Gold and Silver Price Manipulation from the Top Down / Commodities / Gold and Silver 2013
The manipulation of gold prices, along with practically every other asset class, has perfectly transparent legal precedent. The precious metals political hot potato taboo has been strong enough to make it almost impossible for the mainstream to understand. And while it is perfectly plausible and even celebrated by the practitioners, the greatest threats to economic stability (LIBOR, bonds and interest rates, equities, electricity) are openly discussed facts. Obviously, history has demonstrated that these great unnatural “tinkerings” always end badly.
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Friday, November 08, 2013
Who Needs Gold Really? / Commodities / Gold and Silver 2013
Four reasons to waste your time with the deeply historic, deeply human value ascribed to gold...
People love to debate, but sadly sometimes it crosses a line and turns argumentative. That's what is happening right now with the debate over gold.
There have been several high-profile articles, most recently in the Wall Street Journal, saying you should eliminate gold as a worthwhile part of your portfolio. Primarily because of this year's lower price.
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Thursday, November 07, 2013
Gold Solution to The Biggest Fear in Retirement / Commodities / Gold and Silver 2013
An interview with Dennis Miller of Miller's Money Forever, by Jeff Clark
We get a lot of questions from readers about what role precious metals should play in retirement planning, so we figured, who better to ask than our own Dennis Miller, editor of Miller's Money Forever. In the following interview, Dennis talks about how to categorize investments, why he likes Roth conversions, the greatest danger many seniors will face from Obamacare—and how he recommends protecting against it.
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Thursday, November 07, 2013
ECB Surprise Interest Rate Cut & US Growth Whip Soporofic Gold Market / Commodities / Gold and Silver 2013
WHOLESALE GOLD turned suddenly volatile lunchtime Thursday in London after the European Central Bank surprised analysts by cutting its key interest rate to a new record low of 0.25%.
The Euro currency sank to an 8-week low vs. the Dollar, while European stock markets turned higher.
Thursday, November 07, 2013
Gold Price Forecast to Fall to $1180 / Commodities / Gold and Silver 2013
GOLD reversed sharply to the downside at the start of September, through the rising trend line of a corrective channel. As we know that's an important signal for a change in trend, which means that bearish price action is now back in view that could accelerate to the downside in the next few weeks if we consider possibly completed flat correction in wave 2. A fall and daily close beneath 1251 is needed for a wave 3 down back to 1180.
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Thursday, November 07, 2013
Gold Bear Market to End with a Bang! / Commodities / Gold and Silver 2013
For months we’ve been writing about the major bottom to come in precious metals. It appeared we finally saw it in late June as the metals and the stocks surged during the summer. Yet, these markets trailed off in August and it continued into October. The equities were down seven straight weeks. That gave way to an oversold bounce. Unless precious metals can close above their October highs on a weekly basis, the outlook remains bearish. While this bear market is finally coming to an end, don’t expect it to end quietly. At present Gold looks eerily similar to both Gold in 1976 and the SYP in 2009 prior to their major bottoms.
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Thursday, November 07, 2013
Gold and Silver in the Twilight Zone / Commodities / Gold and Silver 2013
Tonight I want to look at what I think has been an ongoing consolidation phase since April of this year. I mentioned numerous times, when we broke down form that massive H&S top on the HUI, that what we were experiencing was a rare move that doesn’t happen all that often in a trader’s career. To be able to catch the beginning of that huge impulse leg down and hold on through several smaller consolidation patterns took a lot of guts, but I knew the reward would be worth it in the end. The end came in August of this year when the HUI crossed above the 50 dma that had kept us in the trade the whole way down.
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Thursday, November 07, 2013
Gold: Hold It Or Fold It? / Commodities / Gold and Silver 2013
It's starting to feel like we are part of a giant poker game against the US government, whose hand is the true condition of the American economy. The government has become so good at bluffing that most people feel compelled to watch how the biggest players in the game react to determine their own investment strategy.
Unfortunately, this past month revealed that even pros like Goldman Sachs have no idea what sort of hand Washington is really hiding.
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Wednesday, November 06, 2013
Gold, Stock Market or the U.S. Dollar, Mr. Bernanke? / Commodities / Gold and Silver 2013
Let's back away from the "smaller" questions like:
- Will the Fed taper or not?
- Is Obamacare a disaster or just a huge problem?
- Is the S&P 500 index due for a correction?
- Is the U.S. economy improving?
- Why is most of the rest of the world angry with the U.S.?
- If inflation is so low, why are my expenses increasing so rapidly?
- Is the NSA spying on everyone's cell phone and computer?
Wednesday, November 06, 2013
Gold Dull Trade, Silver Dead Flat, Chartists Split on Medium Term Outlook / Commodities / Gold and Silver 2013
WHAT one trader called "very dull" trade saw gold trade unchanged from last Friday's finish of $1317 per ounce lunchtime in London.
Silver also held unchanged midweek at $21.90 after a brief spike above $22.00 per ounce.
World stock markets were meantime flat overall, while commodities reversed Tuesday's small drop.
Wednesday, November 06, 2013
Massive Drawdown of Gold From the West Continues, Falling into the Abyss / Commodities / Gold and Silver 2013
"We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake.
Therefore at any price, at any cost, the central banks had to quell the gold price, manage it."
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Wednesday, November 06, 2013
US Dollar and Euro Influence on Gold Prices / Commodities / Gold and Silver 2013
There are many factors that come into play when trying to determine the direction of gold and silver prices that go beyond supply and demand. As we know gold has an inverse relationship with the US Dollar (USD), although there are historical exceptions such as the one we witnessed in the gold bull market of the 80’s, when both were rising at the same time. We may well see both gold and dollar rise in tandem in the future, but for now they are tending to move in opposite directions.
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