Category: Gold & Silver
The analysis published under this category are as follows.
Friday, December 12, 2008
Gold Rises as Central Bankers Choose Inflation Solution / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF WHOLESALE GOLD held inside a tight $10 range early in London on Friday, nearing the week-end almost 8% above last week's close for US investors.World stock markets sank, meantime, losing 5.5% in Tokyo and dropping 5% in Paris, after the US Senate killed a $14 billion bail-out of America's "Big Three" auto-makers.
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Friday, December 12, 2008
Silver, But No Silver Lining / Commodities / Gold & Silver
By: Robert_Singer
The end of our consumer society is on the horizon, which should be no surprise to anyone who took Economics 101. Do we really expect to spend our way out of this mess by buying and selling each other useless cheap stuff from China ?
As the financial collapse gathers steam, gold and silver oracles like Butler , Friedman, Morgan and Turk who have been predicting for years the launch of the price of silver to the moon will see their prophecy fulfilled, but a celebration is not in order.
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Thursday, December 11, 2008
Gold and Gold Stocks to Soar During 2009 / Commodities / Gold & Silver
By: Christopher_Laird
Here we discuss why gold will recover in 2009, and why gold is resisting the massive deleveraging in all markets better than most anything. Even though gold and the gold stocks especially have taken a hit, we expect them to recover significantly in 09. Here is why.
Overview of credit crisis and efforts to combat it
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Thursday, December 11, 2008
Gold Soars as Governments Attempt to Reboot the Credit Bubble / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF WHOLESALE INVESTMENT GOLD continued to rise in Asia and London early Thursday, breaking an 8-week high at $834 an ounce, gaining against all major currencies, and reaching new all-time highs for British investors – now suffering the worst Sterling Crisis in 32 years – above £552. Read full article... Read full article...
Thursday, December 11, 2008
Gold Rallies Sharply as Fiat Currencies Money Printing Gathers Pace / Commodities / Gold & Silver
By: Mark_OByrne
Gold rallied sharply yesterday, for the third day in a row, on higher oil prices and a weakening dollar. Risk aversion remains the prevailing force in markets as seen in collapsing Treasury yields and shortages of physical bullion and backwardation in the gold market.Read full article... Read full article...
Wednesday, December 10, 2008
Mish Response to Antal Gold Fever / Commodities / Gold & Silver
By: Mike_Shedlock
Antal E. Fekete is writing There Is No Fever Like Gold Fever . Before I reply I want to thank Antal for not taking my post Nonsense About Gold Backwardation, Ameros,Yuan Devaluations, etc. as a personal attack. It certainly was not meant to be.
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Wednesday, December 10, 2008
Gold Backwardation Resulting Gold Fever / Commodities / Gold & Silver
By: Professor_Emeritus
Here is an update on the backwardation in gold that started on December 2 at an annualized discount rate of 1.98% and 0.14% to spot in the December and February contracts. It continued and worsened on December 8, 9, and 10 as shown by the corresponding rates widening to 3.5% and 0.65%. It is nothing short of awesome. This is a premonition of a coming gold fever of unprecedented dimensions that will overwhelm the world as soon as its significance is fully digested by the doubting Thomases. Read full article... Read full article...
Wednesday, December 10, 2008
Gold Soars in Sterling as Bank of England Hits Panic Button / Commodities / Gold & Silver
By: Adrian_Ash
"...For UK investors choosing to Buy Gold in 2008, the metal discharged itself without a word of complaint..."WITH THE BANK OF ENGLAND hitting the panic button, slashing the returns-paid-to-UK-savers down to three-century lows at the start of December, the clear winners from its campaign to reboot the bubble so far have been gold investors stuck with Pounds to earn and Pounds to spend.
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Wednesday, December 10, 2008
Gold- How to Make Cycles Work in Your Favor / Commodities / Gold & Silver
By: Peter_Degraaf
Our lives consist of and are controlled by cycles. From the 1 second heartbeat cycle, to the 1,000 year millennium cycle and many other cycles in between, we live and die within cycles. The ‘ three score and ten' human cycle is simply a part of it all.
King Solomon understood cycles:
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Wednesday, December 10, 2008
Gold Rallies as Bond Yields Go to Zero / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD rose steadily throughout early London trade Wednesday, reaching a one-week high above $792 per ounce as strong gains in Asian equities faded on Europe's bourses.
As the Wall Street opening drew near, the FTSE100 index stood just 0.3% higher, while the Gold Price in Sterling reached £534 an ounce, almost 3% above Tuesday's low.
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Wednesday, December 10, 2008
Gold Rallies as Deflation Now is Set to Turn to Inflation Later / Commodities / Gold & Silver
By: Mark_OByrne
Gold rallied for a second day yesterday on concerns regarding the deepening US recession and the dollar. Gold has continued to rally in Asian and early European trading. The bounce in oil prices is likely lending support as is continuing robust physical demand internationally. Asian equity markets were largely positive overnight but European ones are again under pressure this morning.Read full article... Read full article...
Tuesday, December 09, 2008
Gold Attempting Thrust Out of Bull Flag Pattern / Commodities / Gold & Silver
By: Mike_Paulenoff
As we speak, the SPDR Gold Shares (NYSE: GLD) is attempting to thrust out of a two-day bull flag type of formation, which represents the digestion period in the aftermath of yesterday's potent upmove from Friday's low at 72.91 to 77.03. If the bull flag resolves itself to the upside, then the GLD should climb towards a test of yesterday's high at 77.03 -- likely on the way to a test of more important resistance along the 11/25 down trendline -- now at 77.25. Only a break beneath today's pullback low at 75.08 will compromise the near-term technical set-up.Read full article... Read full article...
Tuesday, December 09, 2008
Gold Retail Buyers Face Physical Supply Shortages / Commodities / Gold & Silver
By: Adrian_Ash
Retail Gold Buyers Still Face Shortages, High Mark-Ups as Global Credit & Lending Collapse; Central Banks Prepare "Money Flood"
THE PRICE OF GOLD in the world's professional wholesale market held inside a tight $10 range early Tuesday in London, drifting up from $768 an ounce as global equities rose for the third session running.
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Tuesday, December 09, 2008
Gold Rallies Following Sharp Drop in South African Gold Production / Commodities / Gold & Silver
By: Mark_OByrne
After falling sharply last week, gold rallied yesterday on the back of a weaker dollar, higher oil (Light Sweet Crude Oil Future - Combined - JAN09 is up more than 6% yesterday after falling an incredible 25% last week) and commodity prices and the Obama fiscal stimulus package.Read full article... Read full article...
Tuesday, December 09, 2008
Silver Shines as Broad Financial Markets Face Meltdown / Commodities / Gold & Silver
By: Chris_Vermeulen
Gold & Silver Outlook: Gold and silver closed lower on Friday. Gold had a long lower wick which generally indicates a small one or 2 day bounce could occur early next week and we got that today.Read full article... Read full article...
Tuesday, December 09, 2008
Gold and the Last Contango in Washington? / Commodities / Gold & Silver
By: Professor_Emeritus
Here is an update on the backwardation in gold that started on December 2. It continued and worsened on December 3, 4, and 5. So far this is the most serious signal of the economic crisis: the world is rushing headlong into a Great Depression, possibly worse than that of the 1930's. Please remember the following analogy: the serial devaluation of currencies starting with that of the British pound in 1931 meant a drastic drop in the velocity of gold circulation.Read full article... Read full article...
Monday, December 08, 2008
Gold Backwardation Crisis: Seperating Facts from Fiction / Commodities / Gold & Silver
By: Rob_Kirby
An important piece of academic research was published last week [ Dec. 5, 2008 ] by Professor Antal Fekete, titled, Red Alert: Gold Backwardation!!! In this article, Professor Fekete reasoned that Dec. 2, 2008 was a landmark date in the saga of the collapsing international monetary system;
“on December 2 nd , at the Comex in New York , December gold futures (last delivery: December 31) were quoted at 1.98% discount to spot, while February gold futures (last delivery: February 27, 2009 ) were quoted at 0.14% discount to spot. (All percentages annualized.) The condition got worse on December 3 rd , when the corresponding figures were 2% and 0.29%. This means that the gold basis has turned negative, and the condition of backwardation persisted for at least 48 hours.”
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Monday, December 08, 2008
End of U.S. Dollars False Rally to Drive Gold Sharply Higher / Commodities / Gold & Silver
By: Ned_W_Schmidt
Perhaps the greatest gift we all could receive in the coming season of year end holidays would be the final demise of the hedge fund industry. While that might not happen, we might have to settle for the end of the U.S. dollar's false rally. Before going into that though, one question. If these funds are hedged, how come they have been losing so much money? Read full article... Read full article...
Monday, December 08, 2008
Gold Jumps on Obama Infrastructure Rebuilding Plan / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD eased back from a sharp 2.8% gain for Dollar investors early in London on Monday, trading flat against Sterling and Euros after US president-elect Obama promised to "jump start" the economy with huge government spending and debt.Read full article... Read full article...
Monday, December 08, 2008
Backwardization Of Gold And The Upwardization Of Gold And Silver Prices / Commodities / Gold & Silver
By: Darryl_R_Schoon
Systemic crises are caused by the inability of systems to respond to stress. When systems can no longer adequately respond, systemic collapse ensues. We are currently witness to the end of a system of paper money based on credit and debt, a system now in the final stages of collapse. Read full article... Read full article...