Category: Gold and Silver 2013
The analysis published under this category are as follows.
Saturday, August 31, 2013
China Loves West’s 99 Fine Gold / Commodities / Gold and Silver 2013
By: Richard_Mills
According to Bloomberg, whose calculations were based on Hong Kong customs data, net gold imports into China more than doubled in the first half of 2013 to 493 metric tons, up from roughly 239 tons over the same period in 2012.
The China Gold Association said gold consumption in China jumped 54 percent to 706.36 metric tons in the first six months of 2013.
Bloomberg reported takeovers and asset purchases by China's gold mining companies reached a record $2.24 billion this year, up considerably from 2012's record of $1.96 billion worth of M&A activity.
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Saturday, August 31, 2013
Gold and the Return of Global Turmoil / Commodities / Gold and Silver 2013
By: Clif_Droke
The last several weeks have seen a return of all the ingredients for a gold rally, from an "oversold" technical condition which sparked a short-covering rally to a spike in Treasury yields which caused investors to look for safe haven investments. Gold has benefited from the rising interest rates as well as the weakness in the U.S. dollar. Now a new set of factors is playing into gold's favor....
Saturday, August 31, 2013
Emergency Crisis - First Finance, Then Debt, What Next? / Commodities / Gold and Silver 2013
By: Adrian_Ash
If Syria is to blame for this run, then the world's in very big trouble...
SO JUST like that, there were no sellers in the gold or silver markets. It's been buyers only amongst BullionVault users this week.
New account openings were strong this week too, the greatest number since the April price crash in fact. Cash deposits were also sharply higher, the heaviest since end-June – the week gold and silver hit their second big slump, and bargain hunters on BullionVault got just the crash they wanted.
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Friday, August 30, 2013
What Do Gold Mining Stocks Tell Us About Gold Price’s Future Moves? / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
Yesterday, gold stopped a five-day rally that had pushed it to its highest since mid-May, and lost some of its safe-haven appeal as the chance of imminent U.S. military strikes against Syria seemed to diminish, and investors booked profits. We let our subscribers know our thoughts on that topic and we wrote that we didn't expect any military intervention in the next few days and it seemed to us that markets had overestimated the probability of such intervention taking place in the near term.
Friday, August 30, 2013
Gold’s Strongest Months Since 1975 Are September And November / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,392.75, EUR 1,051.85 and GBP 899.19 per ounce. Yesterday’s AM fix was USD 1,406.25, EUR 1,059.96 and GBP 906.79 per ounce.
Gold fell $8.60 or 0.61% yesterday, closing at $1,407.10/oz. Silver fell $0.44 or 1.81%, closing at $23.85. Platinum fell $11.61 or 0.8% to $1,518.99/oz, while palladium was down $8.78 or 1.2% to $734.22/oz.
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Friday, August 30, 2013
Gold Erases Week's 2.5% Gain After UK Rejects Syrian Action / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of gold fell $15 in London trade Friday morning, reversing the last of the week's 2.5% gain to sit flat at $1395 per ounce.
Silver had already slipped, and then also fell hard as London opened for business, dipping below $23.50 per ounce.
Friday, August 30, 2013
The Shadowy Web of Collateral and War / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
It seems that few people have yet realized the possible scenario that a repo market failure will result in a liquidity freeze that can then spark off a full scale financial collapse.
The financial and economic system seems so vulnerable to just in time delivery on virtually everything that such a failure will cause social chaos in the short term and severe damage to confidence in the longer term.
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Friday, August 30, 2013
Gold, Silver and Unsuccessful Parasites / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
Successful parasites do not kill their hosts, yet the currently parasitic banking system seems to be unsustainable for this very reason.
Like an ineffective parasite, the huge international banks have sucked the juice from and distorted their hosts — the economy, the financial system, and even the culture — to the point of a sudden collapse potentially occurring.
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Friday, August 30, 2013
Tis the Season… For Gold / Commodities / Gold and Silver 2013
By: Investment_U
Sean Brodrick writes:
The first half of this year saw relentless, almost furious selling of gold by big banks and exchange-traded funds.
Investors sold 684.64 metric tons of gold held in exchange-traded products this year, erasing $54.3 billion in value.
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Friday, August 30, 2013
New Contagion Brewing Means Gold New Mega-Highs Possible / Commodities / Gold and Silver 2013
By: Michael_J_Kosares
Gold could see new mega-highs according to two prominent international bank economists by Michael J. Kosares
While all eyes have been on Syria, what might turn to be a much more insidious problem for the world economy has been bubbling below the surface – and for the most part out of the public eye – in what we used to call the “third world.” In the end, what amounts to a new currency and debt debacle in the emerging world could undermine the world’s stock markets, including Wall Street, the value of those country’s currencies as well as the debt denominated in those currencies. The list includes China, India, Brazil, Argentina, Indonesia, South Africa, Russia and Mexico – just to name a few (and we won’t even get into the problems in the southern rim of Europe). Some see the developing situation as a repeat of the 1996-1997 Asian contagion, but it goes beyond the Pacific Rim, as just noted, to include most of the southern hemisphere.
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Thursday, August 29, 2013
Gold and Silver Drop as Syrian Military Strike Delayed / Commodities / Gold and Silver 2013
By: Adrian_Ash
BENCHMARK physical gold prices retreated 2% from yesterday's 3-month high of $1433 per ounce early Thursday in London, hitting $1405 per ounce before rallying $10 and shrugging off a stronger-than-expected revision to US economic growth.
World stock markets rose for the first time in four sessions, whilst crude oil eased 0.5% lower from this week's new 6-month highs.
Thursday, August 29, 2013
Gold Price is Going Higher Whether or Not FED Tapers / Commodities / Gold and Silver 2013
By: Jason_Hamlin
The Federal Reserve is in a very tough position. Despite unprecedented amounts of stimulus, GDP growth is anemic, unemployment remains historically high, durable goods orders have plunged and rising rates are harming the housing rebound. If this is all that can be accomplished with record low rates and trillions in quantitative easing, the underlying health of the economy must be magnitudes worse than believed.
Thursday, August 29, 2013
Gold, Silver and Mining Stocks Flash Short Sell Signal / Commodities / Gold and Silver 2013
By: Chris_Vermeulen
It has been a bumpy ride for precious metal investors over the past couple of years and it unfortunately I do not think its over just yet.
The good news is that the bottom has likely been put in for gold, silver and gold miners BUT the recent rally in these metals and miner looks to be coming to an end. While we could see another pop in price over the next week or so the price, volume and momentum see to be stalling out.
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Wednesday, August 28, 2013
Silver Prices Back to April Crash Levels , "Flight to Safety" Seen Driving Gold / Commodities / Gold and Silver 2013
By: Adrian_Ash
The WHOLESALE price of gold touched its highest level since mid-May in London Wednesday morning, trading briefly at $1433 per ounce before edging $10 lower as European stock markets extended yesterday's losses.
US crude oil added another 1.2% to hit 2-year highs above $110 per barrel, while silver prices touched $25 per ounce – the best level since this April's gold crash, when the white metal dropped $4 in two days.
Wednesday, August 28, 2013
Gold and Crude Oil Ready For A Pull-back / Commodities / Gold and Silver 2013
By: Gregor_Horvat
We know that after every five wave move correction follow in three waves. And that’s exactly what is happening on OIL; we see a completed five wave move from 105.50 to 112.20 so market is now forming a pull-back; an a)-b)-c) move back to former wave four zone placed at 108.57.
Wednesday, August 28, 2013
Gold and Silver Ratio Signals Much Higher Silver Prices / Commodities / Gold and Silver 2013
By: Hubert_Moolman
It is natural to compare the current precious metals' bull market with that of the 70s, since there are many similarities between the two. Below is a comparison which illustrates some of the similarities between the two bull markets:
Tuesday, August 27, 2013
Why Silver Prices Will Double / Commodities / Gold and Silver 2013
By: Profit_Confidential
Michael Lombardi writes: As gold bullion prices declined in the period from April to June of this year, so did silver prices. And just like gold bullion, the bullish case for the white metal’s prices continues to build.
Demand for the white precious metal is not just robust; it is rising. The chart below compares sales of silver coins at the U.S. Mint in the months of January to July of 2012 and 2013.
Tuesday, August 27, 2013
GOLD Five Waves Up Suggest A Corrective Retracement / Commodities / Gold and Silver 2013
By: Gregor_Horvat
Gold broke to a new high on Friday as expected after recent sideways price action above 1350 area, which was a fourth wave so now market is in wave five, final leg of an impulsive move which means that reversal in price may follow in this week.
Tuesday, August 27, 2013
Gold and Silver Pop Like Coiled Springs / Commodities / Gold and Silver 2013
By: Jesse
Gold and Silver Pop Like Coiled Springs
Gold in particular was under pressure since yesterday evening, with a concerted effort being made to hold the line on price around the $1400 level.
This is a big week for gold and silver, with COMEX option expiration tomorrow, and the end of August delivery on Friday, with available inventory at record low levels for this bull market. There was intraday commentary on this here.
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Monday, August 26, 2013
Gold Price Forecast 2014... Another Brick in the Wall ? / Commodities / Gold and Silver 2013
By: Rambus_Chartology
In this Weekend Report I would like to show you gold from the short term perspective to the long term look and everything between. As you know gold made a bottom back in June of this year that is still the low point for this two year correction. The question on everyone’s mind is this THE BOTTOM? There is never a way to know absolutely for sure until time passes but we can use some Chartology and see what it is showing us.