Category: Gold & Silver 2009
The analysis published under this category are as follows.
Wednesday, March 25, 2009
Gold and Silver Fall on Profit Taking / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold and silver fell yesterday ($923.30 down $29.70; Silver $13.34 down 52 cents) on profit taking and renewed risk appetite which saw equities rally internationally (prior to a late sell off in the US) and the dollar rally after its recent sharp falls.
Macroeconomic, systemic and monetary risk has seen the dollar, the euro and more particularly sterling fall versus gold in recent months. Gold would have likely risen by much more were it not for likely central bank and bullion bank gold sales which have artificially capped the price.
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Tuesday, March 24, 2009
Bob Moriarty: Investors Act on Contrarian Thinking / Commodities / Gold & Silver 2009
By: The_Gold_Report
Always challenging, always controversial and always the contrarian, 321gold.com founder Bob Moriarty always can be counted on for a few takeaway nuggets when he chats with The Gold Report . In this interview, his third with us over the past 12 months, Bob cautions against confusing investment savvy with ego-satisfaction, suggests taking time for due diligence instead of looking to gurus, and—of course—recommends a contrarian strategy. He also offers a few tips for investors who want the biggest “bounce for the ounce” and shares some thoughts about a few “brilliant” mining projects he recently visited in Mexico. Read full article... Read full article...
Tuesday, March 24, 2009
Gold Slips as Geithner's $1 Trillion Surge Fades on Wall Street / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE of gold slipped to a four-session low beneath $920 an ounce early Tuesday – up more than 6% for 2009 to date, but 8% south of the $1,000 top hit 5 weeks ago – as world stock markets failed to extend Monday's strong gains.Read full article... Read full article...
Monday, March 23, 2009
Strong Gold Bull Market Foundations on Developing Inflation Crisis / Commodities / Gold & Silver 2009
By: Aden_Forecast
The Federal Reserve shocked the markets this week by taking new dramatic actions to end the recession. They announced they'll be buying more than $1 trillion in U.S. Treasury bonds and mortgage backed securities guaranteed by Fannie Mae and Freddie Mac. This means the Fed will be creating even more money to buy this debt, and that immediately affected all of the markets. Read full article... Read full article...
Monday, March 23, 2009
Gold, GLD ETF Prices Holding Up Well / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
Of all the markets I am watching, the one that pops out at me here is the SPDR Gold Trust ETF (NYSE: GLD) because the price structure has not relinquished much if any of its wild upmove off of last Wednesday's Fed announcement (about buying longer-dated Treasury paper). Even this morning, amidst the announcement by Treasury that a plan is in place to quarantine, price and hopefully profit from the toxic assets, which should be considered a very “market stabilizing event,” gold prices are holding up well. Read full article... Read full article...
Monday, March 23, 2009
Gold Bubble Brewing as Washington Funds Mortgage Bond Rescue Worth $1 Trillion / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE of physical gold moved in a 1% range against all major currencies Monday morning, bouncing off a low of $946 an ounce as the Dollar rose vs. the Euro and Wall Street stocks jumped on a new rescue plan for US banks. Announcing its new "Public Private Partnership Investment Program" – and aiming to remove $1 trillion of toxic investments from US bank balance sheets – the Treasury said it will split the purchase of what it calls "legacy assets" with hedge funds and other leveraged speculators.
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Monday, March 23, 2009
Historic Week for Gold as Fed Opts to Buy Toxic Securities Including Government Bonds / Commodities / Gold & Silver 2009
By: Mark_OByrne
It was a historic week, with the Federal Reserve opting for the “nuclear option” of money creation on a trillion dollar scale. Gold and silver rose 2.7% and 4.5% respectively. The gains would have been much more but for an unusual and unexplained very sharp selloff in the precious metals immediately prior to the Federal Reserve’s dramatic and historic emergency announcement.
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Monday, March 23, 2009
How to Catch the Next Gold Bull Market / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
The next gold bull market could be just around the corner and with thought in mind; it has many traders and investors on edge, because they are worried they could get left behind. In the past few months, gold has been extremely volatile, making it difficult to hold a position for those of us who think gold could push much higher still.
We all know the market is moved by greed and fear and making decisions based on greed and fear, 9 times out of 10, leads to a bad decision, AKA a losing trade. Below is a simple strategy to average into gold, so that you will catch the next gold bull market.
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Sunday, March 22, 2009
Silver Powerful Rally Reaches Strong Resistance Area / Commodities / Gold & Silver 2009
By: Clive_Maund
We saw very bullish action in silver last week, although unlike gold, it has alot of resistance to contend with on the way up. On the 6-month chart we can see how silver plunged in the early trade on Wednesday to briefly touch a zone of strong support at and beneath its major uptrend channel support line, only to rally strongly later in the day on the Fed news to close up and near to the day's high, leaving behind a strong bullish hammer on the chart. This was followed by a strong up day that broke silver decisively out of the downtrend it had been in from mid - late February. It rose again on Friday and is now looking in need of a brief rest, although if the dollar picks up again on the downside, as look likely, it will simply continue higher. Read full article... Read full article...
Sunday, March 22, 2009
Gold Breaks to the Upside Following Confusing Manipulated Price Action / Commodities / Gold & Silver 2009
By: Merv_Burak
We've had a couple of very interesting days in the gold market this past week but in the end the up side prevailed. I'm not sure if gold is being manipulated or if the major speculators who have the money to move prices are just confused and don't know which way to go. I'll just stick to the market action. Read full article... Read full article...
Saturday, March 21, 2009
Barry Allan: Which Way Will You Make Your Play in Gold? / Commodities / Gold & Silver 2009
By: The_Gold_Report
Consistently ranked as one of the top-10 gold and precious metals mining analysts in Canada, Capital Research's Senior Vice President and Director Barry Allan offers a well-rounded perspective on the mining sector that combines geological fieldwork, equity research and finance. Now, after more than 16 years in the industry, he remains bullish on both gold and silver. In this exclusive interview with The Gold Report, Barry discusses his criteria for evaluating major and junior miners, explains how value price moves in gold are more driven by investors than jewelry demand and offers some risk-based guidelines for investors looking to preserve and build wealth in gold. Read full article... Read full article...
Friday, March 20, 2009
Silver: Why Is There a Coin Shortage? / Commodities / Gold & Silver 2009
By: David_Morgan
While recently attending the Orlando Money Show and as one of the few who were advocating real money, if you know what I mean, the topic of the silver and gold shortage was discussed, as you'll see in the attached video link. Before viewing it, keep in mind a few points:Read full article... Read full article...
Friday, March 20, 2009
Gold New Upleg as Lunatic Fed Creates $1 Trillion Dollars Out of Thin Air / Commodities / Gold & Silver 2009
By: Zeal_LLC
After gold's breathtaking $38 surge in 15 minutes Wednesday, there is much renewed interest in the Ancient Metal of Kings. The Federal Reserve, which is clearly being run by lunatics, publicly announced it is going to create over a trillion dollars out of thin air to monetize US debt. This degree of pure monetary inflation is utterly unprecedented. Read full article... Read full article...
Friday, March 20, 2009
Frightened Investors Drive Gold to Four Week High / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE OF GOLD fell hard in early London trade Friday, losing almost 2% from new one-month highs hit overnight at $966 an ounce.The Spot Gold Price held near its best weekly finish vs. the US Dollar since Feb. 20, however.
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Friday, March 20, 2009
Gold Soars by 8% as Fed Shocks Market Announcement of U.S. Dollar Debasement / Commodities / Gold & Silver 2009
By: Mark_Obyrne
Gold surged 8% yesterday (as is the norm the far smaller market that is silver surged by even more and was up by 13.3%) as the shock Federal Reserve announcement led to concerns regarding the dollar and of the inflationary implications of massive money printing and debasement of the currency.Read full article... Read full article...
Friday, March 20, 2009
How to Profit From the Gold Price Inflation / Commodities / Gold & Silver 2009
By: Money_Morning
Martin Hutchinson writes: I have written a number of times in the last few months that gold and mining shares look attractive. While the metal had a big run-up in price during the three-month stretch that ended in late February, the yellow metal has subsequently dropped back a bit, as have the prices of the leading mining shares. If anything, however, the reasons for gold bullishness have intensified. Read full article... Read full article...
Thursday, March 19, 2009
Central Banks are Buying Gold for their Reserves Now! / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
It is clear now that central banks are buying gold for their reserves. Here is a brief history leading to today and the present position of central banks as they turn to buying gold. Read full article... Read full article...
Thursday, March 19, 2009
Gold to Soar as the U.S. Dollar and then Treasury Bonds Collapse / Commodities / Gold & Silver 2009
By: Clive_Maund
You may have heard the old saying that "the Market is the news", and it is true. You don't have to look for explanations regarding yesterday's response by the markets to the Fed's announcement that it will buy $300 billion of Treasuries, you only have to look at the reaction of the markets. The dollar index tanked by nearly 3% - it's biggest drop for over 2 decades. That alone tells you all that you need to know. Read full article... Read full article...
Thursday, March 19, 2009
What Gold GLD Needs to Hurdle Over / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
My near-term work indicates that if the SPDR Gold Shares (NYSE: GLD) can hurdle and sustain above 94.40/50, we should expect upside continuation to 97.00 before a meaningful correction occurs. Conversely, inability to hurdle and sustain 94.40/50 will argue for a pullback that retests yesterday's upside breakout plateau at 92.50/00. Only a break of 91.80 will begin to compromise the still very bullish near-term technical set-up.Read full article... Read full article...
Thursday, March 19, 2009
Fed Destroys the U.S. Dollar, Gold and Euro Soar / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE WHOLESALE SPOT PRICE of gold continued to rise for US-Dollar investors early Thursday, hitting $951 an ounce in London as the greenback fell versus all asset classes.Read full article... Read full article...