Category: Gold and Silver 2014
The analysis published under this category are as follows.Saturday, May 03, 2014
Institutions Mislead The Public About Silver Investment Demand / Commodities / Gold and Silver 2014
There's a lot of shortsighted and incorrect silver analysis out there, so it's imperative that you consider the information in this article. CPM Group just announced the release of their 2014 Silver Yearbook. In their statement they implied that "Net Global Silver Investment" declined in 2013, while fabrication demand increased.
Read full article... Read full article...
Friday, May 02, 2014
Gold and Silver Price Continue to Drift / Commodities / Gold and Silver 2014
Gold kicked off the week at just over $1300 before declining to a low of $1278 yesterday. Most of the time prices just moved sideways, drifting lower from time to time to test support. And when support materialised, the price quickly reacted upwards, because no bullion bank really wants to sell; instead they are trying to close short positions as profitably as possible.Read full article... Read full article...
Friday, May 02, 2014
Why They Don't Care About Your Gold and Silver / Commodities / Gold and Silver 2014
"Society everywhere is in conspiracy against the manhood of every one of its members." -Ralph Waldo Emerson
The low hanging fruit of retirement assets currently overwhelm any return on investment for punishing gold and silver investors. This is in addition to the very liquid numismatic and graded coin markets - which add another layer to the complexity of enforcing or confiscating metals.
Read full article... Read full article...
Thursday, May 01, 2014
The Gold Price is Fixed. So What? / Commodities / Gold and Silver 2014
We can't ignore it anymore - the markets are rigged. The LIBOR scandal broke almost two years ago, and the banks found responsible for manipulating that key index are still dealing with lawsuits. Meanwhile, allegations of gold market manipulation have been simmering for over a decade and grew into an inferno after the spot price dropped dramatically last spring.
Yet I'm left wondering what the conspiracy theorists hope to accomplish. Yes, I believe in exposing truth for its own sake and that the individual investor should have the same opportunities in the marketplace as the big institutions. But with these conspiracists, there is often a subtext of, "Because the price is suppressed, buying gold is for suckers." I think this conclusion is precisely wrong.
Read full article... Read full article...
Thursday, May 01, 2014
Why is Gold Behaving this Way? / Commodities / Gold and Silver 2014
The chart of the gold and silver share price index below (source: Stockcharts.com) may be very worrying to some, and it may be a source of great relief to others. It shows a potential Head and Shoulders reversal pattern, with a neckline at 90 and a peak of 107.5. If the neckline is penetrated significantly on the downside, theory says that the target destination will be 90 – 17.5 = 72.5, which will imply a fall of 22% from current levels.
Read full article... Read full article...
Wednesday, April 30, 2014
China Controls The Gold Price / Commodities / Gold and Silver 2014
In addition to the latest excellent study of the Chinese gold market by the World Gold Council, we have received other reports on the Chinese gold market that differ with the conclusions drawn by the World Gold Council. But we shouldn't be surprised by this, not only because of the opaque nature of the Chinese gold market and the dearth of accurate statistics that are accessible. Which ones are right is critical for the conclusions each draw paint very different pictures of the future of the gold price.
Read full article... Read full article...
Tuesday, April 29, 2014
Bitcoin or Gold: Safeguards and Alternatives to the Global Monetary System / Commodities / Gold and Silver 2014
In our latest Squawk Walk series, we set out to learn- given a chance to either take Bitcoin or gold, what people of different backgrounds would pick, and why. We asked Chinese tourists, locals, and Westerners in Taipei, and we found, surprisingly, that the rate of acceptance regarding Bitcoin or gold was roughly equal, and far different from a 80/20 spread that we were anticipating. The reason? Ultimately it can be boiled down to a preference in risk profile. People who were willing to take on more risk were willing to take the Bitcoin, while people who valued stability and risk mitigation over quick gains were willing to take the gold. What further surprised us is that in a well-to-do neighborhood surrounding the Taipei 101 skyscraper is that risk profiles, again, were split close to 50-50. Furthermore, we were surprised in certain instances when a couple would be interviewed, and that the Taipei woman would have a higher risk profile than the man, who chose gold. The man was more concerned with stability and a long term outlook for their savings.
Read full article... Read full article...
Tuesday, April 29, 2014
China Holds the Keys to the Gold Market / Commodities / Gold and Silver 2014
Last year China's private-sector demand for gold reached a record level of 1,132 tonnes, and according to the World Gold Council (WGC), the Asian nation could easily dominate the gold market once again, as they predict demand growing 20 percent by 2017.
Read full article... Read full article...
Monday, April 28, 2014
Listen, Silver: We Need to Talk / Commodities / Gold and Silver 2014
I wrote to Silver last week, and she answered back. I’d like to share our correspondence with you…
Dear Silver,
Happy anniversary. It was on April 25, 2011 that you hit $49.80 per ounce in the New York spot market.
Today, three years later, you sell for around $20, nearly 60% less.
Is your bear market almost over—or are these low prices here to stay? Your price has lagged gold this year, so your normal volatility is lacking. How much longer will you be stuck?
Jeff Clark, silver investor
Read full article... Read full article...
Monday, April 28, 2014
Will Gold Price See A Bullish Reversal? / Commodities / Gold and Silver 2014
Gold has been trading nicely to the downside since mid-April from 1331 where we called a bearish turning point. The market did not move aggressively to the downside, but still managed to take out the 1277 low-our minimum expectations. Based on the very slow and overlapping price action in the last two weeks, we suspect that the market made an ending diagonal in wave (c) that is now showing signs of completion at 1268, so we need to be aware of more upside in days ahead.
Read full article... Read full article...
Monday, April 28, 2014
Buy Signal in the Gold and Silver Sector / Commodities / Gold and Silver 2014
It looks like gold and silver stocks bottomed on Monday, April 21, and that gold and silver also bottomed this week.
Really? The usual reaction is, “the stocks have been hammered, gold is off over 30% from its highs, and silver is down nearly 60%. Sentiment is low, few people are interested, and gold and silver will probably crash again in a few weeks.”
Read full article... Read full article...
Monday, April 28, 2014
Gold and The Ukraine Crisis / Commodities / Gold and Silver 2014
In this article we are going to look at what is going on in the Ukraine, because it has major implications well beyond its borders, and could have a significant impact on the price of gold and silver. We will examine this situation in a calm, detached and objective manner, as if we were visitors from another planet with no bias or stake in any outcome.
The Ukraine is clearly is great geopolitical importance, otherwise the US would not be taking such an active interest in what is going there. In order to assess how the Ukraine arrived at its present situation, and the future trends and dangers, we need to understand the motives and objectives of the protagonists - the parties who are, or who are close to fighting over it, namely the US and its allies, and Russia.
Read full article... Read full article...
Sunday, April 27, 2014
Gold And Silver Prospects From A Russian Point of View / Commodities / Gold and Silver 2014
One of the biggest problems for the West, the US in particular, is its increasingly parochial perspective from the narrowest of lenses, fully colored by the elite's use of its main propaganda machine, the Maintstream Media. It will not work for people to expect more from their government, rather, people have to demand and expect more from themselves, for in the end, people will discover all they really had to rely upon was themselves and failed to do so.
Read full article... Read full article...
Sunday, April 27, 2014
Gold Bounces Back Above $1,300 as Ukraine Crisis Escalates / Commodities / Gold and Silver 2014
John Kerry and other U.S. officials and once again banging the war drums. In the most recent comments, Kerry said that the United States is “ready to act against Russia.” The truth is that the U.S. has been acting against Russia for quite some time in various ways. The implication here is that the U.S. government is now ready to act militarily, however subtly it may have been stated. To get an idea of just how quickly the conflict has been escalating, here are some of the headlines from the past week alone:
Read full article... Read full article...
Saturday, April 26, 2014
Safe Deposit Boxes Are Not Safe for Silver & Gold Buyers / Commodities / Gold and Silver 2014
James Anderson writes: Many silver and gold buyers forget one of the main reasons to buy physical silver and gold bullion today is due to the world's current fragile financial system.
Some even make the mistake of buying physical bullion and then storing it in a Safe Deposit Box at their local bank.
Read full article... Read full article...
Friday, April 25, 2014
U.S. Exports A Record Amount Of Gold To Hong Kong / Commodities / Gold and Silver 2014
The figures are out and it looks like the United States exported a record amount of gold to Hong Kong in January. Not only was this a one month record... it was a WHOPPER indeed.
Last year, the U.S. exported a total of 215 metric tons of gold bullion to Hong Kong. This was not the total amount of gold exported to Hong Kong as some smaller quantities of Dore' and precipitates made their way into the country as well.
Read full article... Read full article...
Friday, April 25, 2014
Gold Futures Selloff Wanes, Short Squeeze Coming? / Commodities / Gold and Silver 2014
Gold’s sharp selloffs since mid-March have been mostly driven by American futures speculators’ heavy selling. These traders dramatically slashed their long bets on gold while ramping up their shorts. The resulting deluge of supply flooded the market and temporarily overwhelmed demand. But intense bouts of gold-futures selling quickly burn themselves out, and today’s is waning. Thus gold’s upleg is due to resume.
While many stock traders view the gold market through the lens of the mighty GLD SPDR Gold Shares ETF, it is still gold-futures trading that usually dominates price action. While GLD certainly can move the gold price on trading days with particularly large builds or draws from differential GLD-share buying or selling, these are fairly rare. The vast majority of the time gold and therefore GLD are driven by futures.
Read full article... Read full article...
Friday, April 25, 2014
How Oversold Can Gold Price Get? / Commodities / Gold and Silver 2014
Gold is now extremely oversold, with emotional opinion in paper markets unanimously bearish. Traders tell us the 200-day moving average is well and truly broken and the next support level is $1260. However, when gold broke down through the $1280 level yesterday it rallied sharply to test the $1300 level in a one-day spike reversal.
Read full article... Read full article...
Friday, April 25, 2014
Gold and Silver Prices - Filtering Out the Noise / Commodities / Gold and Silver 2014
Silver and gold price sentiment is an unmentionable reflection of the desires of central banking, backed by a currency enforced by decree. Real price discovery is the forbidden yet beating heart of darkness - where few are willing to travel.A million barriers are self-constructed to protect the sinister truth. And a million barriers rise up to justify price action, whether up or down.
Read full article... Read full article...
Thursday, April 24, 2014
Gold Prepared for the Attack of the Short Sellers / Commodities / Gold and Silver 2014
Despite the ongoing attack of the short-sellers, the fundamentals of gold and silver production are increasingly robust. ROTH Capital's Joe Reagor tells The Gold Report why he believes the price of gold is steaming toward $1,500/oz, with silver prices following in the wake. Reagor highlights several junior precious metals miners in a market that is out to prove the bears
The Gold Report: Let's talk about the growth and stability of gold and silver sales in Q2/14. What catalysts are on the horizon?
Read full article... Read full article...