Category: Gold & Silver
The analysis published under this category are as follows.
Wednesday, October 08, 2008
Gold New Record High on Panic Interest Rate Cuts / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES leapt once again in London trade on Wednesday, reaching $915 an ounce for US investors as the US Federal Reserve led a co-ordinated cut of 0.5% to major world interest rates.Currencies were left little changed against each other, but the Gold Price in British Pounds jumped to a new all-time record above £525 an ounce.
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Wednesday, October 08, 2008
Emergency Central Bank Interest Rate Cuts Boost Gold / Commodities / Gold & Silver
By: Mark_OByrne
Gold rallied yesterday on increasing risk aversion as stock markets continued to crash internationally (gold closed at $880.70 up $18 and silver closed at $11.34 up 7 cents). Gold has surged to new record highs in most major currencies including the Australian dollar, British pound (£517) and Euro (€662) as the global contagion deepens. Therefore, gold is again acting independently of the dollar and despite recent dollar strength has rallied sharply in all major currencies.
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Wednesday, October 08, 2008
Severe Bull Market for Gold / Commodities / Gold & Silver
By: The_Gold_Report
Seeing beyond the blind curves of bailouts and meltdowns takes the keen vision of a veteran market observer, Roger Wiegand, Editor of Trader Tracks . In this exclusive interview with The Gold Report, Wiegand predicts a “severe bull market” for gold that will include both juniors and seniors. He advises selective buying and names several of his favorites. The Gold Report: When we spoke in mid-July, at the height of the market, you predicted a major downward correction.
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Tuesday, October 07, 2008
Gold Crisis and Inflation Hedge Expected to Outperform Crude Oil / Commodities / Gold & Silver
By: Dr_Krassimir_Petrov
1. Introduction Over the last 7-8 years, gold has consistently underperformed oil. Gold bulls are worried – after all, why invest in gold, when oil delivers a better performance, and so are apparently copper, uranium, and a number of agricultural commodities. The answer is simple – during the early stage of this commodity bull market (2000-2006), the fundamentals of oil were much better than gold. However, the relative fundamentals will reverse in later stages, when gold will dramatically outperform oil. This is simply the nature of the current commodity bull market.
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Tuesday, October 07, 2008
Real Price Of Gold Soars / Commodities / Gold & Silver
By: Mike_Shedlock
Gold in "Real" terms is soaring. "Real" in this case means how much an ounce of gold will buy. Let's compare gold to a commodities, to silver and to the stock market, starting with a basket of commodities as measured by $CRB commodities index. Charts are as of 2008-10-06. Read full article... Read full article...
Tuesday, October 07, 2008
Gold Pushes Higher as Silent Bank Run Continues / Commodities / Gold & Silver
By: Adrian_Ash
GOLD BULLION PRICES rose further in London on Tuesday, touching $888 an ounce and unwinding last week's action entirely as world stock markets rallied from their new record sell-off.Rumors starting late in New York ran from Tokyo to London, claiming that the US Fed and other big central banks are set to slash global interest rates in joint action.
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Tuesday, October 07, 2008
Credit Crisis Bailouts A Calamity Of Errors / Commodities / Gold & Silver
By: Captain_Hook
Between Lehman Brothers and the AIG bailout , Western central banks have already printed somewhere in the neighborhood of half a trillion dollars this week, and it's not over as Washington Mutual, amongst others, are said to be up next. While undoubtedly being a record for such largesse, because these measures are simply monetizing bad debt of insolvent companies, as pointed out previously, the effect on the consumer's liquidity condition is minimal. In fact, when you add up all the stock market losses, amongst other things , the average investor remains worse off, and deteriorating.Read full article... Read full article...
Monday, October 06, 2008
Gold and Silver Price Manipulation / Commodities / Gold & Silver
By: Mario_Innecco
An Official Market and a Free Market in Gold and Silver. I remember when I lived in Brazil the local currency was like confetti and if you wanted to protect yourself against inflation and currency collapse you had to hold U.S. dollars. Holding dollars, if you could get a hold of it, was very worthwhile as every month that went by you could buy a great deal more of cruzeiros, new cruzeiros, cruzados or reais.Read full article... Read full article...
Monday, October 06, 2008
Gold Leaps on Failed Bailout Economic Deflation Fears / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES jumped $34 early in London on Monday, bouncing well above last Friday's low at $820 to touch $860 an ounce as world stock markets sank in the face of desperate promises of Tax-Funded Aid from major governments.Read full article... Read full article...
Sunday, October 05, 2008
Gold Stock Investors Looking at Huge Losses / Commodities / Gold & Silver
By: Merv_Burak
The magnification factor at work, on the down side. Gold drops less than 5% while gold stocks drop more than 15%. It worked on the up side, now we see it working on the down side. Although a long term bear market in gold bullion may be argued it sure is a bear for stocks with the average stock down 52% since their highs only a few months back. Read full article... Read full article...
Friday, October 03, 2008
Central Bank Gold Sales Coming to an End? / Commodities / Gold & Silver
By: Julian_DW_Phillips
In the week ending 26th September 2008, the final week of the fourth year of the Central Bank Gold Agreement, two Eurosystem central banks sold less than 1 tonne of gold to complete the fourth year's sales. This makes a total for the year at around 345.5 tonnes of gold sold by the signatories. Read full article... Read full article...
Friday, October 03, 2008
Gold Falls with Euro, Stock Markets, Crude Oil & US Jobs / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES fell hard into the Wall Street opening on Friday, losing 2% to reach a new two-week low of $824 an ounce as Asian stock markets closed sharply lower.European shares reversed earlier gains. Crude oil slid back to $94 per barrel.
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Friday, October 03, 2008
Gold Sharp Fall Despite Surging Investor Demand Blamed on Short-sellers / Commodities / Gold & Silver
By: Mark_OByrne
Gold fell sharply yesterday on lower oil prices and the recently surging dollar, despite unprecedented physical demand for coins and bars in the UK, US and internationally ( gold closed at $840.40 down $40.20 while silver closed at $11.57 down $1.04 ). As warned yesterday, anything is possible in the short term in these markets and leveraged trading in futures, CFDs and spread betting is an extremely high risk endeavour in the current markets and not advisable.
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Thursday, October 02, 2008
Resolve the Credit Crisis by Recapitalising the Banks with Gold / Commodities / Gold & Silver
By: Professor_Emeritus
Privatising profits, socializing losses (The Gold Standard Strikes Back... Part 2)
The 0.7 trillion dollar bailout plan of Treasury Secretary Paulson must be seen for what it is: a scheme to privatize profits while socializing losses. The scare tactics with which he was trying to railroad it through Congress has failed and the world is better for it. The malady has to be diagnosed properly. I summarize the popular diagnosis in five points.
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Thursday, October 02, 2008
Gold Awaits US Bail-Out Final Approval / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD sank 2.1% Thursday morning in London, dropping to a two-week low near $850 an ounce – the very peak of gold's last bull in Jan. 1980.
Asian stock markets closed the day lower, while European shares gave back an early rally despite the overnight vote in Washington supporting the $700 billion bail-out for banks.
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Thursday, October 02, 2008
Central Banks Starting to Buy Gold? / Commodities / Gold & Silver
By: Mark_OByrne
Gold rose yesterday despite continuing dollar strength and falling oil prices ( gold closed at $880.80 up $6.80 while s ilver closed at $12.71 up 53 cents ). Once again in after hours trading there was determined selli ng which pushed the price as low as $862/oz in Asia prior to rallying in early European trade to over $870 /oz.Read full article... Read full article...
Thursday, October 02, 2008
How to Ride the Coming Precious Metals Rally / Commodities / Gold & Silver
By: Money_and_Markets
Sean Brodrick writes: Global markets are whipsawing right now as the Federal Government tries to put out a fire in the credit markets with a flood of liquidity. But the rescue plan is failing. As a result, credit markets are spiraling into a deep freeze, threatening to destabilize the U.S. dollar.
Investors are running for cover ... because it sure beats jumping out the windows. Cash is good, to be sure. But if you're looking for your own golden parachute, consider my favorite yellow metal.
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Wednesday, October 01, 2008
Financial Panic Sees Socialists Fighting to Save Capitalism / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF SPOT GOLD bounced 1.6% from an overnight low of $860 on Wednesday, steadying at $876 an ounce as Western stock markets ticked higher despite a raft of miserable Eurozone data. Crude oil rose back above $100 per barrel, while long-dated government bonds continued to rise in price, pushing yields still further below the rate of inflation.
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Wednesday, October 01, 2008
Greenspan: Gold is "the Ultimate Form of Payment in the World" due to "Fiat Money in Extremis" / Commodities / Gold & Silver
By: Mark_OByrne
Gold fell yesterday as the dollar rallied ( gold closed at $874.00 down $14.4 0 while silver closed at $12.18 down 75 cents ). In after hours trading there was determined selling which pushed the price as low as $860 prior to rallying above the New York close and as high as over $883/oz. Read full article... Read full article...
Tuesday, September 30, 2008
Gold: Artificial Interference or Market Forces? / Commodities / Gold & Silver
By: Brian_Bloom
Note the gap which manifested this morningRead full article... Read full article...