Category: Gold and Silver 2012
The analysis published under this category are as follows.
Thursday, September 27, 2012
The Great Game, Gold Arbitrage & Three Little Pigs / Commodities / Gold and Silver 2012
By: Dan_Amerman
The Great Game
An astute reader from Atlanta named Ken wrote the following in a letter to me:
"It seems that the game plan (for financial heavyweights) is to buy assets, real things that can't be papered away by the government, and pay back with depreciated dollars."
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Wednesday, September 26, 2012
Gold Long Term Bull Market / Commodities / Gold and Silver 2012
By: Tony_Caldaro
Patrick McGough
writes:
The Gold Bull market started during the first quarter of 2001, and has now been in play for approximately 11 1/2 years. Commodity cycles tend to have 13 year bull markets and 21 year bear markets. This completes a 34 year cycle and for the moment Gold appears to be in the last 1-1 1/2 years of this cycle. Fortunately for us traders this tends to be the most explosive part of the cycle. In the actual economy Gold really does not serve as a commodity but as a currency. If this were not the case why do central banks accumulate or hold gold as reserves? The yellow metal is truly the currency of last resort.
Wednesday, September 26, 2012
Gold and Silver Buy the Dips / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE gold prices in US Dollars dipped beneath $1760 per ounce for the 3rd time this week in London on Wednesday morning, gaining against the Euro and Sterling as those currencies fell faster and rising back towards last week's new all-time high versus the Swiss Franc.
World stock markets extended Tuesday's late plunge in US equities, knocking 2.4% off the French CAC40 index as the Euro dropped to a 2-week low beneath $1.2850.
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Wednesday, September 26, 2012
China Buys North Korea Gold Reserves / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,763.75, EUR 1,369.80, and GBP 1,089.07 per ounce.
Yesterday’s AM fix was USD 1,766.75, EUR 1,369.36 and GBP 1,088.37 per ounce.
Silver is trading at $33.79/oz, €26.41/oz and £20.99/oz. Platinum is trading at $1,630.00/oz, palladium at $627.10/oz and rhodium at $1,075/oz.
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Tuesday, September 25, 2012
Measuring Gold Fiat Currency Performance Since 1971 / Commodities / Gold and Silver 2012
By: Julian_DW_Phillips
In 1971 President Nixon closed the window that allowed U.S. dollars to be sold for gold owned by the U.S. Just before that, the price of gold was $35 an ounce. Since then gold has been called a 'barbarous relic', a term used by Keynes, the famous economist.From that time on, the world's currencies stood merely on the confidence their governments engendered and the control they exercised over international financial dealings of all kinds. That confidence lasted until 2007 when the credit crunch brought government financing on both sides of the Atlantic into question. Up until now the performance of the underlying value of currencies has hidden these questions as exchange rates are adequately 'managed' through swap arrangements to stabilize exchange rate movements to the extent that violent moves don't happen. But the real value of currencies in terms of their real solvency is now a matter of open debate. As of now, relative to the amount of gold available to markets, the price of gold is the only measure of value that currencies can be held to. We look at that and look at the conditions that are determining the value of currencies now and in the future.
Tuesday, September 25, 2012
Gold ETFs Set New Record, Bullion Prices "Should Break Higher After Consolidation Period" / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold bullion prices traded around $1765 an ounce Tuesday morning in London, 1.8% off last Friday's seven-month high.
"It looks to me like we've got a short period of consolidation," says Standard Chartered analyst Daniel Smith.
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Tuesday, September 25, 2012
Gold and Silver Price October Correction Is Seasonally Weak / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,766.75, EUR 1,369.36, GBP 1,088.37 per ounce. Yesterday’s AM fix was USD 1,758.50, EUR 1,361.91 and GBP 1,084.96 per ounce.
Silver is trading at $34.23/oz, €26.58/oz and £21.18/oz. Platinum is trading at $1,633.75/oz, palladium at $643.00/oz and rhodium at $1,100/oz.
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Tuesday, September 25, 2012
Manipulation of the Gold Price and the Crash of Paper Gold / Commodities / Gold and Silver 2012
By: GoldSilverWorlds
There is much discussion these days as to whether the price of gold is being manipulated. The answer is simply “yes.”
It is likely that most potential gold investors would agree that the major financial institutions have the ability to influence the gold price. They would also agree that to do so would be of benefit to those institutions. Yet, many investors still have difficulty making the final leap to agree that, if the institutions can manipulate the gold price and, by doing so, will profit from it, they will actually manipulate the price. Odd, as this would seem to me to be the easiest of the three premises to accept.
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Tuesday, September 25, 2012
Just When You Thought It Was Safe To Buy Silver Again / Commodities / Gold and Silver 2012
By: Submissions
Kerry Kutz submits: Silver hits $35 and gets driven down again
We were in Chicago for the HardAssets conference last week. This was a new show that was sparsely attended. However, there were some good companies telling their stories and I think you'll enjoy hearing about them. If we own them or plan to own them, we'll always let you know. We don't tout stocks for anyone. All we do is tell their stories. But there's another story that's far more important than that of any precious metals producer. And that is market rigging. Chris Powell of GATA.org said it best when he uttered the phrase, "There are no longer any markets, only interventions."
Tuesday, September 25, 2012
Gold and Silver When Financial Repression Fails / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Financial repression may prove to be the policy that triggers the inevitable return to fair value in precious metals. The failure of this academic policy, originally deployed in the 1950’s,adds to the list of possible scenarios triggering the failure of the manipulative price suppression that has been observed in the precious metals futures markets.
Tuesday, September 25, 2012
How Gold and Silver Safe Haven in Today's Troubled World / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
The reasons for holding precious metals as a relatively safe haven for one’s personal wealth are numerous.
One common investing thesis for buying precious metals is that these intrinsically valuable commodities can hold their value in times of rising price levels. This characteristic can help American savers keep pace with credit expansion and paper currency debasement.
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Monday, September 24, 2012
Investor Gold Buying to Resume & Fed Doubling Their Balance Sheet AGAIN! / Commodities / Gold and Silver 2012
By: Chris_Vermeulen
A leading precious metals consultancy, Thomson Reuters GFMS, has forecast that investors will buy record amounts of gold in the remainder of 2012. GFMS produces the benchmark supply and demand statistics for the gold market. GFMS forecasts that investors will purchase 973 tons of gold in the second half of 2012, more than during the wild gold market of the summer of 2011. This surge in demand for the yellow metal, GFMS says, will move gold above the $1850 an ounce level, not far from the record high of $1920 hit in September 2011.
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Monday, September 24, 2012
"Do You Own Gold?" Ray Dalio at CFR: "Oh Yeah, I Do" / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,758.50, EUR 1,361.91, GBP 1,084.96 per ounce. Friday’s AM fix was USD 1,773.75, EUR 1,361.28and GBP 1,089.19 per ounce.
Silver is trading at $33.87/oz, €26.31/oz and £20.98/oz. Platinum is trading at $1,614.00/oz, palladium at $641.80/oz and rhodium at $1,150/oz.
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Monday, September 24, 2012
Gold "Still a Buy" as "Alternative to Money" / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET gold bullion prices dropped to $1757 an ounce Monday morning in London – 1.7% off a seven-month high hit briefly last Friday – as stocks, commodities and the Euro also ticked lower and US Treasuries gained amid signs of ongoing political stalemate in Europe.
Silver bullion dropped to $33.71 per ounce – 4% down from Friday's high.
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Sunday, September 23, 2012
The Best Way to Cash in on Silver’s Next Run-Up / Commodities / Gold and Silver 2012
By: Investment_U
Mike Kapsch writes: Over the past 10 years, silver prices have jumped an astounding 630%. In comparison, gold prices have risen 450%.
However, unlike gold, after hitting a 30-year high in April of last year, silver prices dropped 45% to $26.25 in June.
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Saturday, September 22, 2012
Gold Double Flash Crash / Commodities / Gold and Silver 2012
By: Jesse
The 'Dr. Evil' strategy in two pictures. From Nanex Research:
Read full article... Read full article...Trading was so furious in Gold, that the CME circuit breakers triggered and halted the futures contract for 5 seconds. First on the downside, then on the upside. This is the same circuit breaker that triggered only once in the eMini during market hours: that time was at the bottom of the flash crash on May 6, 2010.
Saturday, September 22, 2012
Gold-Silver Ratio Declining As U.S. Dollar Collapses / Commodities / Gold and Silver 2012
By: Jeb_Handwerger
Since July we have alerted our readers to a breakout in gold and silver prices as we expected a risk on rally in commodities with the catalyst being QE3 combined with worldwide stimulus moves from Central Bankers. Since that time silver has soared 30% higher almost 10 straight weeks in a row as Bernanke announces a QE 3, 4, 5+…? and record low interest rates until mid 2015.
Saturday, September 22, 2012
If You Like QE3 But The Stock Market Makes You Nervous - Buy Gold! / Commodities / Gold and Silver 2012
By: Sy_Harding
QE2 in 2010 and ‘Operation Twist’ in 2011 recovered the stock market from double-digit corrections that were underway at the time, and rescued investors from their extreme bearish sentiment each time.
QE3 is underway and many are convinced that’s all that matters, that a repeat of stock market gains is a sure thing.
Friday, September 21, 2012
New Silver Price Upleg / Commodities / Gold and Silver 2012
By: Zeal_LLC
Silver has certainly enjoyed an impressive run of late, catapulting nearly a third higher since mid-summer. Because this surge looks nearly vertical on short-term charts, some traders are getting nervous about this rally’s staying power. While silver may indeed be temporarily overbought, its recent strength actually looks like the vanguard of a major new upleg. Silver’s advance is likely just getting started.
Skepticism of silver’s potential continues to run rampant among speculators and investors. But this is par for the course after a major correction. Back in the spring of 2011, silver rocketed parabolic in a gargantuan upleg. But it became wildly overbought, hitting the most extreme greed levels of its entire secular bull. So over the subsequent 14 months, silver corrected dramatically by a staggering 45.5%!
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Friday, September 21, 2012
Gold Uptrend Intact, Bullion Sentiment Buoyed by Inflation Fears / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE gold bullion prices held above $1770 an ounce Friday morning in London, a few Dollars below six-month highs hit earlier in the week, while stocks and commodities were also broadly flat ahead of a meeting between the leaders of Spain and Italy, with press reports suggesting plans are being discussed for a Spanish bailout.
Heading into the weekend, spot gold would make its fifth straight weekly gain if it closes above $1770 per ounce later today, while gold in Euros remained within 1% of last year's all-time high this morning.
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