Category: Gold and Silver 2011
The analysis published under this category are as follows.
Wednesday, June 08, 2011
Moody’s Warns UK’s AAA Credit Rating at Risk, Sterling Gold Near High / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,533.89/oz, €1,048.81/oz and £936.67/oz.
Gold and silver are lower today despite European equities falling for a sixth day on sovereign debt and economic growth concerns. Bernanke’s failure to even suggest that the Federal Reserve will embark on further stimulus and QE3, after QE1 and QE2 failed to kick start the US economy, has markets jittery.
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Wednesday, June 08, 2011
Comex Silver Deliverable Inventory Hits New Low / Commodities / Gold and Silver 2011
By: Jesse
The ability of the Comex to deliver on the silver contracts continues to deteriorate.
Wednesday, June 08, 2011
Gold, Stocks and Options / Commodities / Gold and Silver 2011
By: Bob_Kirtley
A question that we constantly wrestle with is are gold producers correlated to gold prices as gold is their underlying asset, or are they correlated with the stock market as they stocks? Is there safety in gold producers should the stock market in general experience a pull back? If so, why are the gold producers lagging behind the steady progress being made by gold prices at the moment?
Tuesday, June 07, 2011
Gold and the Collapsing U.S. Dollar / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
Last week the U.N. warned of a possible collapse of the US dollar -if its value against other currencies continues to decline. The U.N. mid-year review of the world economy did not get extensive coverage. Their economic division said that a crisis of confidence in the dollar, stemming from the falling value of foreign dollar holdings, would imperil the global financial system. This trend had recently been driven by interest rate differentials between the U.S. and other major economies and growing concern about the sustainability of the U.S. public debt, half of which is held by foreigners including the Chinese government.
Tuesday, June 07, 2011
Gold Rises to New Sterling High As Greece Debt Crisis Continues / Commodities / Gold and Silver 2011
By: Ben_Traynor
DOLLAR PRICES to buy gold rose to a high of $1550 per ounce on Monday morning – less than 2% off last month's all-time high – before slipping back slightly, while commodities were mixed and European stock markets rose.
Negotiations towards a fresh bailout for Greece continued, after an estimated 80,000 people protested in Athens yesterday against government cuts and privatizations. The protests have been running for 12 days.
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Tuesday, June 07, 2011
Gold Within Reach of New Record Nominal High / Commodities / Gold and Silver 2011
By: GoldCore
Gold and silver are higher again today with the U.S. dollar and yen in particular under pressure as concerns about the outlook for growth in Japan, the UK, the EU and the U.S. deepen. Gold reached new record nominal highs in sterling yesterday at £949.83/oz on concerns about the UK economy.
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Monday, June 06, 2011
Gold Price Jumps on U.S. Economic Weakness / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold prices hit $1548 per ounce in Asian trading Monday – a near-one-month high, and a 1.8% gain on last week's low – before slipping back when London opened, while stock and commodity markets continued to drop after Friday's disappointing US jobs data.
Silver prices hovered in a 1% range around $36.74 per ounce.
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Saturday, June 04, 2011
Buy Gold Stocks in May and Make Some Hay! / Commodities / Gold and Silver 2011
By: The_Gold_Report
Many resource market investors greet the approach of summer with the adage: "Sell in May and go away." Michael Ballanger, an investment advisor at Union Securities and a 30-year veteran of the junior resource market, says he is taking the opposite tack. In this exclusive interview with The Gold Report, he explains how the continuing worldwide financial upheaval is influencing his investment decisions regarding the resource sector and why his focus on the huge opportunities for junior resource stocks in the Yukon cause him to say: "Buy in May and make some hay!"
Saturday, June 04, 2011
Pricing Gold in Deflation / Commodities / Gold and Silver 2011
By: Adrian_Ash
Storing value, rather than trying to grow it, is taking the lead once again...
GOLD GOES UP when cash and bonds fail to beat inflation. True in the Seventies, and true again in the last decade.
Friday, June 03, 2011
The Silver Commodity Quiz for 2011, Can You Pass? / Commodities / Gold and Silver 2011
By: Jeff_Clark
Jeff Clark, BIG GOLD writes: CPM Group recently released their 2011 Silver Yearbook, one of the industry's most comprehensive sources of information on the silver market. Though mostly a reference book, I uncovered some interesting facts that paint a decidedly bullish picture for the metal going forward.
Friday, June 03, 2011
Gold as Collateral Major Step for Gold Market / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
If gold were generally accepted as collateral in global monetary dealings, would we see it used as such? Strangely enough -No! In certain transactions, however, where no other collateral -whether currencies, government bonds and the like--is used, gold may be used, as a last resort. There has been a very long history of gold being sought as collateral, but only the most desperate of debtors has allowed their gold to be used as such. Government bonds are easier to produce and are limited only by market confidence. Moreover they remain in the jurisdiction of the issuer, leaving the issuer in control of them. Gold is different and can only be used once, held outside of the owner's jurisdiction. Control is therefore lost. It cannot be printed and becomes a complete commitment by the owner to honor his obligations.
Friday, June 03, 2011
Gold Seasonal Price Trends Favor Summer 2011 Buying / Commodities / Gold and Silver 2011
By: Michael_J_Kosares
Jonathan Kosares writes: 
It was June 2006…
Gold had enjoyed five years of gains after bottoming in 2001, reaching a 26-year high of $730 that May, but was undergoing a significant correction that would ultimately erode 28% of its value in just over a month. It was the single largest loss of value the gold market had seen since its collapse in 1980.
Friday, June 03, 2011
Gold’s Summer Doldrums Normally See Weakness but Fundamentals Could Lead to Surge / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,541.10/oz, €1,061.29/oz and £943.90/oz.
Gold and silver are lower again today in most currencies after yesterday’s falls. Gold has risen marginally in British pounds (GBP 943.9/oz) as sterling is lower (see cross currency table) with the weak services sector PMI data highlighting the weak U.K. economy and increasing risk of stagflation.
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Friday, June 03, 2011
Gold Recovers On Weak US Payroll News As Greece Agrees to Blackmail Bailout / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE WHOLESALE market price of gold bullion leaped $10 per ounce to $1539 Friday lunchtime in London – recovering the last of this week's 1.1% fall – before sliding back as the US Dollar fell on surprisingly weak US jobs data.
The US economy added 54,000 jobs in May, according to the non-farm payroll report from the US Bureau of Labor Statistics, against analysts' consensus forecast of 190,000.
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Friday, June 03, 2011
Silver Price Temporary Recovery From Fibonacci Support Level / Commodities / Gold and Silver 2011
By: Seven_Days_Ahead
The surge in Silver came to a halt in Apr, and subsequent pullback was sharp. Interesting Fibo levels have recently provided support but we remain on the lookout for a further bear advance.
Friday, June 03, 2011
Will the Masses Soon Be Promoting Silver? / Commodities / Gold and Silver 2011
By: Submissions
Once upon a time, Robert Kiyosaki, the author of Rich Dad, Poor Dad said this, "For 2011, silver is the single most attractive investment for any investor." Bob Chapman reported, "We are about 25-30% into the game. We have a long way to go." Peter Schiff predicted "200 an oz." Rick Rule, "Outlook very bullish." Gerald Celente said, "Higher and higher." Eric Sprott and David Morgan both agreed that north of $100 an ounce was likely. Richard Daughty, James Turk, and Max Keiser were the biggest bulls with forecasts that ranged from $200, up to $500 an ounce. Read full article... Read full article...
Thursday, June 02, 2011
Comex Silver Bullion Default on Sharp 38% Drop in Inventories / Commodities / Gold and Silver 2011
By: GoldCore
Spot gold and silver prices rose slightly again this morning after hitting a one-month high yesterday as equity markets internationally came under selling pressure. The Moody's downgrade of Greece and worryingly poor US economic data again pushed investors to seek the safe haven of bullion. Gold reached new record nominal highs in sterling yesterday (£945.62/oz) as the pound fell on concerns about the UK economy.
Thursday, June 02, 2011
Gold Price Rises as Stock Markets Fall / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE U.S. DOLLAR gold price rose to $1544 per ounce Thursday morning – up 5.5% from May's low – while stock markets, commodities and US Treasuries all fell after worse-than-expected US economic news and a further ratings downgrade for Greece.
"We are still of the opinion that the current advance will fizzle out ahead of its all-time high at $1577.60 in the days to come," says Axel Rudolph, Commerzbank's senior technical analyst, adding that the seasonal nature of gold price movements means the odds favor a retracement.
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Thursday, June 02, 2011
Chinese Demand For Metals Expands / Commodities / Gold and Silver 2011
By: Anthony_David
China’s demand for resources is constantly increasing and Chinese companies have been bidding and acquiring overseas companies over the last few years. China has been importing all its oil from 1993 and last year, Chinese oil companies spent over $30 billion on deals overseas. In the metals and minerals sectors, China became a net importer only recently and last year spent about $4.5 billion on mining deals overseas. As if to make up for lost time, Chinese companies are in a rush to acquire metal and mineral resources overseas.
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Thursday, June 02, 2011
Silver a Strategic Metal? / Commodities / Gold and Silver 2011
By: Anthony_David
The global demand for silver has exceeded annual production since 1990. In fact, demand has grown by close to 26% since 1995. The demand for silver originates from both industrial and investment sources and that gives the metal a high potential for growth.
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