Category: Gold & Silver 2009
The analysis published under this category are as follows.
Sunday, October 11, 2009
Pressure Builds on Gold as GDX Gold Miners ETF Ends Uptrend / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
As of this moment the Market Vectors Gold Miners ETF (NYSE: GDX) is warning
me that the upleg from the October 2 low at 42.28 to Thursday¹s new high at
49.52 ended ³something² on the upside. My sense is that more than just the
most recent upleg likely ended, which means that the upleg off of the July
pivot low at 34.05 also ended at 49.52 on Thursday.
Sunday, October 11, 2009
Gold Mega Bullish Technicals, Wow! / Commodities / Gold & Silver 2009
By: Adam_Brochert
If you're not into technical analysis, you're not into it. I understand. Drawing squiggles on a chart seems like reading tea leaves to many. I get it. I personally believe that it increases your odds of success if you have the fundamentals right. In other words, technical analysis in isolation is not attractive to me, but laid over a solid foundation of fundamental analysis makes sense to me.
Sunday, October 11, 2009
Silver Outperforming Gold 2-1 / Commodities / Gold & Silver 2009
By: Merv_Burak
It was gang-busters for the precious metal stocks. Gold rose almost 5% while silver almost doubled that performance. We are into new high territory and the analyst predictions are now all over the place. Predictions are good, performance is even better. Stay tuned.
GOLD LONG TERM
Let’s do a little catch-up summary of where we are from the long or very long term point of view. First, the P&F charts.
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Sunday, October 11, 2009
Gold Analysis, Real or False Breakout? / Commodities / Gold & Silver 2009
By: StocksBuddy
Gold has broken out above $1000 and everyone believes that it is headed towards $1500, $1200 being the immediate next target. Technically and otherwise, there has been lot of talk that Gold should be valued @ $2000 - $5000 range based on the real $$$ terms when compared to 1980's. However, if that were so easy, it would have already happened. Here are some of SB comments to the respective articles on the Internet.
Sunday, October 11, 2009
Gold Enters Uncharted Waters / Commodities / Gold & Silver 2009
By: Tim_Wood
Given the recent move to new highs in gold, I feel that a brief discussion on this topic is in order. As everyone knows, gold made a major bottom in 2001. This is where the most recent secular bull market in gold was obviously born. From a cyclical perspective, this was a 9-year cycle low, which is the dominant longer-term cycle in gold. In reality, this cycle has historically averaged 98.6 months, or 8.2 years in duration from low to low.
Sunday, October 11, 2009
Get Physical with Gold, Strategy for Protection and Profit / Commodities / Gold & Silver 2009
By: DeepCaster_LLC
(In a meeting allegedly held by the Gulf States, China, Russia, Japan and France it was decided--) “to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese Yen, the Chinese Yuan, the EUR, and a new unified currency planned for nations in the Gulf Cooperation Council.” - Report in The Independent by Robert Fisk October 6, 2009
Saturday, October 10, 2009
Can the G-20 Halt the Gold Bull Run? / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
The G-20 meeting last week was hoped to be a watershed for the global economy. It was hoped that accepted that there has to be a global solution to the financial crisis that triggered the credit crunch and the worldwide recession. Those solutions had to include the full cooperation of other key governments, including China, before we could hope for a sound recovery of the global economy. If we have more superficial statements with no real action, expect yet another crisis as confidence is lost, not only in currencies, but in global money systems. You all know the old adage, "Cheat me once, shame on you cheat me twice, shame on me." Just how much 'spin' can the globe take, before losing heart?
Friday, October 09, 2009
Gold, Is This the Top or How High to Go? / Commodities / Gold & Silver 2009
By: Przemyslaw_Radomski
I just love it when I run across an article like the one I just read in the Wall Street Journal this week.
The headline said: “Gold is Still a Lousy Investment.”
I read it differently as: “Gold Still Has a Long Way to Go.”
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Friday, October 09, 2009
Gold Futures Commitment of Traders Analysis / Commodities / Gold & Silver 2009
By: Zeal_LLC
With gold forging glorious new record highs (in nominal terms), traders’ interest in this metal’s 8-year-old secular bull is ballooning rapidly. And like most commodities, the lion’s share of gold trading happens in the futures markets. So the tactical gold-price action at any given moment is usually dominated by futures buying and selling.
Friday, October 09, 2009
Gold Pullback From New Record Highs Winning Streak / Commodities / Gold & Silver 2009
By: GoldCore
After recording new record nominal highs on three consecutive days, gold appears to be taking a well earned breather. It has held steady above $1040.00/oz at the present time and looks set to record another higher weekly close and a historic record weekly close. It has retreated somewhat from record highs due to some profit taking and a partial recovery of the dollar.
Friday, October 09, 2009
Dow to Gold Ratio Update / Commodities / Gold & Silver 2009
By: Adam_Brochert
The Dow to Gold ratio is something I harp on again and again. Why? Well, two reasons. The second I'll mention later. The first reason is that it is a very big step for stockbugs to step away from their addiction with all things Wall Street. The long term chart of the Dow to Gold ratio tends to induce cognitive dissonance in stockbugs and may help them get to rehab. In other words, to change their thoughts on investing "for the long haul." Most Americans of investing age right now are bred to be stockbugs and are saturated with messages about investing in stocks that are, quite simply, ridiculous and biased.
Friday, October 09, 2009
Gold Strong Uptrend Remains Intact / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD ticked lower with equities, government bonds and crude oil in London dealing on Friday, but headed towards the US Columbus Day weekend almost 5% higher for the week.
The US Dollar meantime fell from an overnight rally, helping gold priced in Euros slip back 1% from Thursday's new 7-month high of €717 an ounce.
Friday, October 09, 2009
Silver, the U.S. Dollar and the Two American Citizenships / Commodities / Gold & Silver 2009
By: Christopher_Quigley
"To me, the most ominous flaw in our constitutional set-up is the fact that the federal government does not have control over money and credit and does not have control of corporations. It is therefore not really sovereign. And it is not really responsible, because it is now controlled by these two groups, corporations, and those who control the flows of money. …….
Friday, October 09, 2009
Gold Touches a New Record High / Commodities / Gold & Silver 2009
By: Bill_Bonner
“Gold continues to climb…stoked by inflation worries,” says a headline in the International Herald Tribune.
Yesterday, it touched a new record – $1,050 – even as the dollar rose, oil slumped under $70 and stocks dipped very slightly.
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Thursday, October 08, 2009
Taking Profits on Silver SLV ETF / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
This is what I wrote just before the opening bell regarding the iShares Silver Trust ETF (NYSE: SLV): "My work argues that the measured upside move off of the Sep-Oct base pattern has hit its target in the vicinity of 17.35/40, which more often than not is a compelling reason to EXIT the market, at least for a little while, to give ourselves some time to reassess the technicals as well as our committment level to wanting to continue to have a long position in the aftermath of a rapid climb from 15.64 to 17.53 or 12%."
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Thursday, October 08, 2009
Gold Says "Cash is Cheap" as Policy-Makers Apply "Quick-Fix Stimulus" Once Again / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD rose yet again in Asia and London on Thursday, hitting fresh all-time Dollar highs for the third day running in what one dealer called a "relentless [move] as fresh investment money continues to flood into the bullion market."
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Thursday, October 08, 2009
An Alternative to Gold That You May Find Interesting / Commodities / Gold & Silver 2009
By: INO
There is no doubt about it - gold is getting a lot of press and media attention lately. So the question is, is the move in gold over or is it just beginning?
Thursday, October 08, 2009
Gold New Record High at $1,058/oz but Remains Less than Half its Real Price of 30 Years Ago / Commodities / Gold & Silver 2009
By: GoldCore
Gold continues to push higher and took out resistance of $1,050/oz yesterday and moved toward $1,060/oz before retreating slightly. With investors continuing to allocate funds into the gold market, the next target is likely to be an assault on the psychological $1,100/oz level. Increasing concerns of a double dip recession and of the outlook for major currencies is leading to continuing robust investment demand (significant gold ETF demand in recent days).
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Thursday, October 08, 2009
Gold Price Collapse to $600? / Commodities / Gold & Silver 2009
By: Kevin_George
Investors never learn. Merely a year after the collapse in the financial system and the next speculative bubble is taking shape, this time in the form of gold.
Thursday, October 08, 2009
Divorce the U.S. Dollar and Marry Gold / Commodities / Gold & Silver 2009
By: Michael_S_Rozeff
With their money and banking system having presented them with a case of system failure by disintegrating before their eyes and taking the economy with it, America’s economic experts who support and run the FED’s central banking–inconvertible paper dollar system cannot place the blame for this where it belongs, which is on the system itself, its supporters, and those who make its policies. They cannot bring themselves to diagnose the system’s ills and rectify them because they are at the center of them. They cannot stare the failure of inconvertible paper money squarely in the face and move to eliminate it. If they did, they’d be out of jobs and out of power.