Category: Gold & Silver
The analysis published under this category are as follows.
Friday, May 18, 2007
Gold, Silver and The Dow Jones Index / Stock-Markets / Gold & Silver
By: Investmentscore.com
This article examines the current Silver market, Gold market and the Dow Jones Industrial average from a big picture perspective. As always our material is kept simple and easy to understand as we think simplicity is the secret to success.
A picture speaks a thousand words. We think a major macro market trend has been underway since about 2000, and this trend will not stop until an extreme is met in the direction traveled. This trend will take breaks, it will not proceed in a straight line, but ultimately we believe it will continue in the direction it is headed.
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Thursday, May 17, 2007
Gold Immune to Debasement, Default, and Devaluation - The Golden Thorn in the Flesh - Part 2 / Commodities / Gold & Silver
By: Professor_Emeritus
Concluding Part of a Series of Two (The Dynamics of Deflation - The Golden Thorn in the Flesh - Part 1)
The topsy-turvy world of central bank gold sales
Here is a passage from my 1998 book entitled Gold and Interest that will soon be released as an e-book.
As these pages are written (late 1997), chrysophobes make much of the weak dollar-price of gold and of the fact that more central banks, including the Swiss, join the company of those that have been dumping gold on the market. In addition, self-styled experts on deflation submit that, while under an inflationary spiral gold hoards may have been a reasonable investment, gold is the worst possible place to be under a deflationary spiral.
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Thursday, May 17, 2007
The London Gold Pool Revisited! / Commodities / Gold & Silver
By: Mario_Innecco
Back in the 1960s when the dollar was still fixed to gold at a rate of $35 per troy ounce the United States Treasury and the other financial “policy makers” of the time were having more and more difficulty in maintainig this fixed rate of $35 in the London and European foreign exchange markets.
From 1933 to 1975 gold could not be traded in the United States so there was no official market in New York. The major reason for this difficulty in keeping gold pegged at $35 per troy ounce was that the U.S. government was printing dollars with no corresponding increase in its gold reserves and as a result the participants in the market started exchanging these inflated dollars for real thing!
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Wednesday, May 16, 2007
GOLD THOUGHTS - The core CPI is the “WMD” of the Federal Reserve's inflation commitment / Commodities / Gold & Silver
By: Ned_W_Schmidt
Only the truly deluded believe that the core consumer price index released for the U.S. on Tuesday has any true meaning. Only those trying to rationalize the continuation of the hedge fund bubble in U.S. financial markets give it any consideration. The core CPI is the “WMD” of the Federal Reserve's inflation commitment. According to one of the pseudo gurus on CNBC that day, 40% of core CPI is the nonsensical housing measure. Did you buy or rent a house in the past month?Read full article... Read full article...
Tuesday, May 15, 2007
Silver Market: May 2006 verses May 2007 / Commodities / Gold & Silver
By: Bob_Kirtley
Last May 2006, we saw the “sell in May and go away” crowd in action and wondered if we would see a repeat of this sell off in 2007. The truth is that we do not know what the herd will do but we do have a couple of observations that show that Silver is in a vastly different position this year to last year.
Taking a look at the chart for the time frame in question we can see a number of differences between May 2006 and May 2007.
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Tuesday, May 15, 2007
GOLD Analysis : May 2006 verses May 2007 / Commodities / Gold & Silver
By: Bob_Kirtley
In May 2006 we saw the “sell in May and go away” strategy in action and wondered if we are to get the same again. The truth is that we do not know but we do have a couple of observations that we thought were worthy of your attention .
If we take a look at the chart for the period concerned we can see a number of differences between May 2006 and May 2007.
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Tuesday, May 15, 2007
Gold Market Update - COT Report Bearish / Commodities / Gold & Silver
By: Clive_Maund
In the last update, published on or after 16th April, we expected gold to drop back from the $690 area due to the bearish COT structure, and that is what has happened. The latest COTs are not good news for bulls, with the Commercial shorts still at a high level - high enough to preclude a significant advance in the near future, and to maintain the risk of a substantial decline.Read full article... Read full article...
Tuesday, May 15, 2007
Silver Market Update - Double Top? / Commodities / Gold & Silver
By: Clive_Maund
The silver chart should strike fear into the hearts of silver investors. There is no Ascending Triangle on the chart (from last May's highs), as some claim, instead the pattern is looking more and more like a large Double Top, with the second peak taking the form of a Head-and-Shoulders top.
Before anyone graciously goes to the trouble of enlightening the writer about the wonderful fundamentals for silver, let me say this - don't bother, I know about them - and so does the market, that's the trouble, they may already be fully discounted by the market.
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Sunday, May 13, 2007
Weekly Gold and Silver Technical Analysis Report - 13th May 2007 - Technically Precious with Merv / Commodities / Gold & Silver
By: Merv_Burak
It looked like gold just fell off the cliff on Thursday. On the two previous occasions that gold took such a fall we had a good several week rally within a day or two after. Are we getting one again?
GOLD : LONG TERM
Still no movement in the long term P&F chart despite the plunge on Thursday. So we wait another week before reviewing the chart.
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Sunday, May 13, 2007
Gold and Silver Analysis - Precious Points: Don't Fear the Repo / Commodities / Gold & Silver
By: Dominick
Joe Nicholson writes “Even if the Fed ignites a rally on Wednesday, as it has in recent months, profit-taking, instead of frenetic new buying, is still the most probable ultimate result.” ~Precious Points: The Ennui on the Way , May 6, 2007
After starting off the week with a bit of a haircut, metals traded in a tight range until Wednesday afternoon, when the Fed statement sparked a rally that was soundly sold off the next day. Stocks ultimately closed roughly flat for the week, but on top of a rally that seems to have inspired new hope for Monday. The question is whether or not to believe the hype.
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Saturday, May 12, 2007
Inflation and Precious Metals, Gold and Silver / Commodities / Gold & Silver
By: Paul_Saxena
"In an ideal world with a stable monetary base (zero monetary inflation), prices of almost everything (with a few exceptions) would be in decline. That would be a sign of real economic progress…"
INFLATION/DEFLATION - Analysts and economists seem to be divided over this issue. According to some market observers (including me), we are living in a highly inflationary environment. After all, money supply growth is extremely strong in most countries (Figure 1) and this represents inflation.
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Friday, May 11, 2007
Gold Price Drop: A gift horse / Commodities / Gold & Silver
By: Adrian_Ash
"...This week's sell-off in gold was only to be expected. It opened Monday lower from 12 months earlier for the first time since 2001..."
WHAT TO MAKE of gold's 2.6% drop after failing to hold $690 for the third time in two months?
"The market sees a falling gold price as a gift horse," reckons Jon Bergtheil, head of metals at J.P.Morgan in London .
"The fundamentals are still very positive."
How positive exactly? Other than the price, nothing has changed since Monday. The gold market is still getting squeezed between tightening supply and rising long-term demand.
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Friday, May 11, 2007
China Buying Gold! / Commodities / Gold & Silver
By: Money_and_Markets
Larry Edelson writes : I have absolutely no doubt that someday, and soon, you're going to hear that China has been actively buying gold as part of its strategy to diversify its $1.2 trillion in cash reserves.
When you hear that news, every broker and analyst under the sun is going to tell you to buy gold and gold mining shares like crazy.
But don't listen to them because it will be too late. By the time the Chinese admit they have been buying gold, I can assure you, we will be much closer to the top of the gold market than the bottom.
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Wednesday, May 09, 2007
GOLD THOUGHTS - Speculative Funds have created multiple buying opportunities for Gold and Silver / Commodities / Gold & Silver
By: Ned_W_Schmidt
Complacency over the demise of the U.S. dollar has allowed continued expansion of the yen and Swiss carry trade loans. Likewise, the imminent U.S. recession is being glossed over. This week the FOMC will confirm the ineptness of U.S. monetary policy by doing and saying either something or nothing, which may or may not be interpreted positively by some.Read full article... Read full article...
Monday, May 07, 2007
Gold and Silver Analysis - Precious Points: The Ennui On the Way / Commodities / Gold & Silver
By: Dominick
Joe Nicholson writes : “Not until Thursdays' productivity report is there a significant chance of domestic economics driving a rally in metals… The path upward has been reopened for gold and silver to drift higher towards a retest of the recent highs, which will provide significant resistance. Just as many speculative traders go long, the threat is that a failure from the $700 area would either appear to be a double top or be labeled a corrective move up before a new impulsive wave down.” ~ Precious Points: Why Not Gold? , April 28, 2007Read full article... Read full article...
Monday, May 07, 2007
Weekly Gold and Silver Technical Analysis Report - 7th May 2007 - Technically Precious with Merv / Commodities / Gold & Silver
By: Merv_Burak
Gold just can't seem to make up its mind where it wants to go. I'll tell it – GO HIGHER – but will it listen?
GOLD
Since last showing the long term P&F chart in the 13 April 2007 commentary nothing has changed. No new X to suggest a further advance and no O s to indicate a reversal of direction. This either shows that from a long term perspective gold has reached somewhat of a stalemate or that the latest P&F unit criteria was too large. With $15 units and a 2 unit reversal criteria gold has a $45 range within which to move without affecting the P&F . This is what it has been doing for the past three weeks now. I don't expect this stalemate to last too much longer, but who knows?
Friday, May 04, 2007
Central Bank Gold Sales To End Prematurely? / Commodities / Gold & Silver
By: Julian_DW_Phillips
In the last couple of months a great deal of emphasis has been placed on Central Bank sales. These have been heavy and along with diminished E.T.F. purchases and even net sales, have held the gold price back. But a major point has been overlooked in these commentaries. How long can they last?
The amount of sales per year is not the sole limitation on these sales, but the announced total sales by each individual Central Bank is the defined limit. Our Table below highlights the situation entirely.
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Friday, May 04, 2007
Gold Breakout Delayed Targeting $865 this Summer / Commodities / Gold & Silver
By: Jim_Willie_CB
All the conditions were there, a euro currency breakout, a British sterling currency breakout, and pronounced USDollar weakness. The sterling exchange rate even hit $2.00 to capture a tremendous amount of attention. The denials streamed in on how the weaker USDollar is not such a big deal, which always serves as a confirmation of a dire situation.
Imagine a harlot on a London Piccadilly Square citing her extra 30 pounds around the haunches, her heavy paint to cover remnants of faded femininity, the complexion lost long ago, and her deep whisky voice, as she actually claims she still possesses her intense sexual spark. The crippled USDollar cannot buck the passage of time and inexorable destruction through unfettered monetary inflation abuse and colossal irresponsibility.
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Wednesday, May 02, 2007
Invest in Gold and Silver like a Pirate / Commodities / Gold & Silver
By: Money_and_Markets
Sean Brodrick writes: My wife and kids are so excited about the new Pirates of the Caribbean movie coming out at the end of this month. My kids like pirates, while I think my wife just likes Johnny Depp!
Of course, I'm most interested in the economics of the real pirates of the Caribbean. I'm talking about more than "pirate gold" — namely, the four S's — silver, smuggling, sugar and slaves.
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Tuesday, May 01, 2007
Gold Price Manipulation – Gold Forecaster Speaks - Part 1 / Commodities / Gold & Silver
By: Julian_DW_Phillips
This article is in two parts. The first looks at the decades' long manipulation of the gold price and the second looks at why this will end with gold returning to its monetary role at much higher prices.
When coming off the Gold Standard it was found that Britain could not cover its gold obligations, despite its own major source of new gold in South Africa. The paper it issued was far in excess of its gold's ability to cover its promises. This was made so clear, simply by the amount of gold it held. Britain's behavior in those days set the trend for subsequent monetary duplicity until now.
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