Category: Gold and Silver 2013
The analysis published under this category are as follows.
Wednesday, May 08, 2013
Gold Prices Start to Weaken Again / Commodities / Gold and Silver 2013
By: Donald_W_Dony
Following the May 1, 2013 Market Minute titled "Has gold's bounce reached the peak?", the yellow metal has stalled at the $1487-$1485 resistance level for almost two weeks. Today's trading suggests the main downward trend is still in force and that another rollover maybe starting.
Gold's trading direction changed in October 2012 after the metal reached $1798.10. Since then, gold has steadily drifted lower with a series of declining price lows.
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Tuesday, May 07, 2013
Gold and Silver Holding the Line / Commodities / Gold and Silver 2013
By: Jesse
The mouthpieces in the media are maintaining a steady drumbeat against gold and silver.
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Tuesday, May 07, 2013
Gold Warning - Financial Reporting of U.S. Citizens Coming. Will it Include Gold? / Commodities / Gold and Silver 2013
By: Julian_DW_Phillips
Commodity Futures Trading Commission New Regulations Reporting Overseas Transactions
Since the start of the credit crunch in mid-2007 we have seen a steady move forward by government to place greater control over the financial aspects of people's lives. One of the biggest milestones from an investor's point of view has been the establishment of the Foreign Account Tax Compliance Act (FATCA). This is consistent with the intentions expressed by President Obama that U.S. Citizen's financial successes at home and abroad should be subject to U.S Taxation so that the U.S., as a nation, can benefit. The Patriot Act was the first to employ this approach but now we are moving several steps forward from these measures.
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Tuesday, May 07, 2013
Bank Depositors Beware, Deposits Over €100,000 Are At Risk! / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,463.00, EUR 1,118.67 and GBP 941.74 per ounce.
Friday’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Tuesday, May 07, 2013
Gold Struggles in Sideways Resistance Price Range / Commodities / Gold and Silver 2013
By: Ben_Traynor
WHOLESALE gold market prices fell to $1460 an ounce Tuesday morning, around ten Dollars lower than where it closed last week, as the FTSE in London ticked higher following yesterday's UK bank holiday.
Other European stock markets also edged higher, while the Euro gained against the Dollar immediately following the release of better-than-expected German factory orders data.
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Tuesday, May 07, 2013
American Gold and Silver Eagle Coin Sales Show Safe-haven Public Mind Set / Commodities / Gold and Silver 2013
By: Michael_J_Kosares
This chart on American Gold Eagle Coin Sales illustrates a point I made over the weekend in response to a question from JFT about gold as a deflation hedge. As you can see, the demand for American Gold Eagles, a bellwether for international physical demand, grew significantly in the period 2008 to present — a disinflationary period marked by widespread concern over the health of the financial system and the banks.
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Tuesday, May 07, 2013
Protect Your Gold and Silver Bullion in a World of Paper Theft / Commodities / Gold and Silver 2013
By: Vin_Maru
Lately there has been a lot more news on how the physical demand for precious metals is off the charts. It seem like the physical off-take of bullion from dealers has only accelerated during this recent price drop in the metals. Inventory shortages are now a common occurrence at many dealers and premiums are rising until more supply comes to market.
Monday, May 06, 2013
How to Trade Gold, Silver and Mining Stocks Long-term Trend Forecasts / Commodities / Gold and Silver 2013
By: Chris_Vermeulen
How to trade Gold and other precious metals related investments is not that complex. But you must be willing to wait for price to provide low risk entry points before getting involved. Precious metals are like any other investment in respect to trading and investing in them. There are times when you should be long, times to be in cash and times to be short (benefit from falling prices).
Monday, May 06, 2013
Gold and Silver Inevitable Sentiment Reversal / Commodities / Gold and Silver 2013
By: John_Townsend
The usefulness of sentiment's stealth crystal ball is about to be revealed to the litany of unsuspecting precious metal bears and skeptics who have convinced themselves that gold's bull market is either over or, at the minimum, in need of lengthy ongoing retesting, restructuring and consolidation.
This article will bring us up to date as to the degree of current bearish sentiment regarding both gold and silver using no fewer than 5 sentiment indicators (with 9 illustrative charts), as well as provide the reader with an opportunity to observe the price outcome of previous bearish extremes using these sentiment indicators.
Sunday, May 05, 2013
Gold and Silver Bears Advance To Stalingrad - How Are the Mighty Fallen / Commodities / Gold and Silver 2013
By: Jesse
“To understand reality is not the same as to know about outward events. It is to perceive the essential nature of things.
The best-informed man is not necessarily the wisest. Indeed there is a danger that precisely in the multiplicity of his knowledge he will lose sight of what is essential. But on the other hand, knowledge of an apparently trivial detail quite often makes it possible to see into the depths of things.
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Sunday, May 05, 2013
Gold Price Recovery Is Incomplete, 1490/1500-Elliott Wave Forecast / Commodities / Gold and Silver 2013
By: ForexPros
Gold made a deeper pull-back this week, finding a support around 1440 at the parallel trend-line that represents lower side of a corrective channel. Note that decline from 1485 has been made in three waves, and that 1419 support is still in place. The pull-back from latest high was corrective wave b) that is part of a complex double zig-zag from the mid April low. With that in mind, price could test the 1490 or even 1500 level before complex corrective is complete.
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Sunday, May 05, 2013
Gold And Silver - Are You A Lion Or A Gazelle? You Had Better Know! / Commodities / Gold and Silver 2013
By: Michael_Noonan
Every morning in Africa, a Gazelle wakes up knowing it must outrun the fastest lion, or it will be killed and eaten. Every morning a lion wakes up knowing it must outrun the slowest Gazelle, or it will starve to death. It does not matter if you are a lion or a Gazelle...when the sun comes up each morning, you'd better be running. African Proverb
We see the lions as issuers of fiat, Gazelles as owners of gold, and if you are uncertain as to which you are, the issuers of fiat will financially eat you alive. Cyprus was an overt wake up call. Many people in the U S think it will not happen to them. It already has. Each morning, when the sun comes up, you must decide if you want fiat or specie. One will slow down your ability to "run," the other will give you the ability to "outrun."
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Friday, May 03, 2013
How a Fibonacci Cluster Showed an Important Resistance Level in Gold / Commodities / Gold and Silver 2013
By: EWI
Senior Analyst Jeffrey Kennedy shares techniques that helped spot a trading opportunity.
By Elliott Wave International
If you use Elliott in your technical analysis, you may already use Fibonacci ratios to determine targets and retracement levels in your charts.
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Friday, May 03, 2013
Will the Breakout in the USD Index Hurt Gold? / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
We haven’t touched on currencies for quite some time (our latest essay was dedicated entirely to gold: Gold Price in May 2013) now but last time we did, we mentioned the long-term breakout in the USD Index, which at that time was starting to take shape, but as the time wore on it became more and more significant. This is why in today’s essay we’ll focus mostly on the U.S. currency, review its current technical situation and its implications for gold and silver. Let us then jump straight into the chart analysis – we’ll start with the very long-term chart where the breakout is most clearly visible (charts courtesy by http://stockcharts.com.)
Friday, May 03, 2013
Silver, Little Cracks in Confidence / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
It looks as if the silver market has finally bottomed, as the tarnished price of silver recovered some of its luster over the last two weeks.
The big silver shorts have continued to exit their futures positions, yet there remain some elephants in the market — as evidenced by yesterday's non-economic volatility.
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Friday, May 03, 2013
Gold And Silver Bullion Coin And Bar Shortages Continue / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Yesterday’s AM fix was USD 1,456.00, EUR 1,106.22 and GBP 935.07 per ounce.
Thursday, May 02, 2013
Gold Recovers Amidst Economic Uncertainty / Commodities / Gold and Silver 2013
By: John_Browne
The selloff in gold that captured the world's attention in mid-April has revealed some truths about how the market trades and the sentiments of many of the investors who have piled into the trade over the past few years. While the correction does highlight a higher degree of uncertainty than many of the most ardent gold advocates had anticipated, it does not represent the historic "end of an era" reversal that the many in the media have so gleefully suggested. In many ways, the market has shown a resiliency that its detractors do not understand.
Thursday, May 02, 2013
The Great Gold Redemption / Commodities / Gold and Silver 2013
By: Peter_Schiff
The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold selloff: many large players were motivated to sell by news that Cyprus will have to liquidate its gold stockpiles to pay off acute debt obligations. But just a moment's reflection shows this reaction to be knee-jerk.
Thursday, May 02, 2013
China Shanghai's Gold Premium Crash / Commodities / Gold and Silver 2013
By: Adrian_Ash
LONDON PRICES for gold and silver both ticked higher Thursday morning, recovering half of Wednesday's 2.4% and 4.6% falls respectively.
European stock markets reversed earlier losses and commodities also bounced after the European Central Bank decided – as widely expected – to cut its key interest rate to a new all-time low of 0.5%.
Thursday, May 02, 2013
Gold Mining Stocks Dead Cat Bounce? / Commodities / Gold and Silver 2013
By: Bob_Kirtley
In the last seven months or so we have seen the Gold Bugs index, HUI, fall from 520 in October 2012 to 283 today 01 May 2013, registering a loss of 45% in the value of its constituents. The last four weeks has seen the HUI drop 100 points followed by a bounce of 23 points. Many are of the opinion that the bottom is in and are hopeful of a decent rally from this point in order to restore some normality to this tiny sector and repair their investment accounts. The chart below depicts the plight of the gold miners and the severity of the recent carnage that has decimated the stock prices at a time when they need all the friends they can get.