Category: Gold & Silver 2009
The analysis published under this category are as follows.
Wednesday, August 19, 2009
Gold Demand Trends Quarter2 2009 Investment demand to stay at forefront of gold demand / Commodities / Gold & Silver 2009
By: GoldCore
The World Gold Council reports today (report attached) that investment demand is to remain at the forefront of gold demand. While demand for gold jewellery is down sharply in recent months, demand from the investment sector was strong and central banks became net buyers of gold again.
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Tuesday, August 18, 2009
Gold Reverses Early Advance / Commodities / Gold & Silver 2009
By: Adrian_Ash
SPOT GOLD PRICES reversed an early 0.8% bounce Tuesday lunchtime in London, drifting back to $936 an ounce as the Euro currency, commodities and world stock markets dipped on worse-than-expected US housing data.
Home-improvement giant Home Depot reported only a 7% drop in its second-quarter earnings. But new US housing starts and permits for July came in below both Wall Street forecasts and June's figure.
Tuesday, August 18, 2009
Gold Failure to Rally Leads to Significant Trendline Breaks / Commodities / Gold & Silver 2009
By: GoldCore
Gold ticked all the boxes it was supposed to last week, as it took up the slack on the turbulent fortunes of both the dollar and the euro, robustly trading in the $960s/oz. Since then a significant trendline has been broken, yesterday gold dropped into $930/oz territory. It has pushed up since but may be in a tight range between $920/oz and $940/oz over the next few sessions.
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Tuesday, August 18, 2009
Gold Short-term Topping Signal Setting Up for a Further Buying Opportunity / Commodities / Gold & Silver 2009
By: Ned_W_Schmidt
Given the currently low level of the VIX, optimism among paper asset investors has been converted to outright enthusiasm. The world has been saved, according to many of these enthusiasts, and now unlimited and happy growth awaits us. All that is required is patience, for economic growth will blossom and paper equities will again shine. That optimism exists in light of the historical evidence that no market that has been run up by a credit bubble avoids a long, painful, ongoing lateral correction that last years. Were the optimists correct in their beliefs, the Japanese stock market would be at a new high. A recent check confirms that not to be the case, almost twenty years after the peak.
Tuesday, August 18, 2009
Range Bound Silver Fails at Resistance / Commodities / Gold & Silver 2009
By: Clive_Maund
In the last update we had defined silver's overall trend as neutral, with it being rangebound between clearly defined and significant zones of support and resistance, and thus a trading sell towards the top of the range, i.e. on an approach to the $16 area, and a trading buy towards the bottom of it, in the $12 area. Since that update silver has regrouped and made another run at the resistance, but got no further than $15.20. However, over the past week the COT structure for silver, which was already deteriorating as we had earlier observed, has continued to worsen to the point that it has become bearish, at least over the short-term.
Tuesday, August 18, 2009
Gold Bulls and Bears Fight To Standstill, Trend About to Resolve / Commodities / Gold & Silver 2009
By: Clive_Maund
Gold's bulls and bears have fought each other to a standstill so that an eerie calm now exists in the gold market, rather like the period in Europe known as the Phony War which was an early stage of the 2nd World War, where despite having declared war on each other, the major powers did not engage in significant military operations. Just as this phase was the "calm before the storm" it is clear from an examination of the gold chart that this time of tranquillity is about to end - that much we can be fairly sure about.
Monday, August 17, 2009
Gold, Stocks and Commodities Drop as Safehaven U.S. Dollar Soars / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD fell sharply against a strong US Dollar on Monday morning, falling through what one Asian dealer called "technical and psychological support at $942" to record the lowest Gold Fix so far this month at $937.50 an ounce.
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Monday, August 17, 2009
Why Gold Will Break Above U.S. $1,000 / Commodities / Gold & Silver 2009
By: Neil_Charnock
This title should also read “and why gold equities will fly”. At GoldOz we have successfully predicted the Price of Gold (POG) movements on a fairly regular basis the past few years. This is a bold statement backed up by public record. The long consolidation patterns in the POG in between the strong up-legs have been quite regular since 2002. The extent of each price rise has been harder to predict however so we steer clear of this claim and prefer to follow the market until it “feels” and acts like a top.
Monday, August 17, 2009
Gold and Why Gold Now? / Commodities / Gold & Silver 2009
By: Darryl_R_Schoon
Understanding these times is its own reward. If, however, you understand the role of gold in these times, a reward of another magnitude awaits you.
Economic cycles of expansion and contraction are the inevitable result of central bank credit flows. So, too, are deflationary depressions and hyperinflations. Though far less frequent, the destruction caused by deflationary depressions and hyperinflations more than make up for their infrequency; and, today, after perhaps the longest absence of each in recent history, we are now about to experience both—perhaps this time in tandem.
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Sunday, August 16, 2009
Silver Outperforms Gold, So Should I Sell My Metals or Buy More? / Commodities / Gold & Silver 2009
By: Przemyslaw_Radomski
Legendary investor Jim Rogers says he can't wait for the International Monetary Fund to sell some of its gold holdings. Should that cause the price of gold to dip, Rogers says he will buy some more.
In fact, Rogers says he buys gold whenever he thinks about it.
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Sunday, August 16, 2009
Gold Marking Time Ahead of Inevitable Breakout / Commodities / Gold & Silver 2009
By: Merv_Burak
Marking time. Moving sideways. Nothing to see here. Gold is getting really boring. It continues to move sideways inside that megaphone pattern. A break-out is inevitable, but when?
Friday, August 14, 2009
Four Fascinating Facts on Gold / Commodities / Gold & Silver 2009
By: Money_and_Markets
Sean Brodrick writes: The recent rally in the U.S. dollar has sent gold lower, dimming the hopes of gold bulls and putting fire in the bellies of those who say the yellow metal is just a “barbarous relic.” Maybe so. But I think the rally in the dollar is overstated, and gold is just taking a breather on a journey much higher.
Friday, August 14, 2009
Central Bank Gold Agreement Sales Trend as Fear Morphs to Greed / Commodities / Gold & Silver 2009
By: Zeal_LLC
Last Friday, the central banks of Europe extended their landmark agreement on gold sales. 18 national central banks, along with the European Central Bank itself, signed the third Central Bank Gold Agreement. CBGA 3, like its two predecessors, has major implications for gold that investors need to understand.
Friday, August 14, 2009
Why did the U.S. Government Confiscate Gold in 1933 and Can It Happen Again? / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
In this the second part of this series we look at the big global picture when President Roosevelt’s Administration confiscated the gold of U.S. citizens. Based on this part, in the next part we contemplate whether it can happen again.
Friday, August 14, 2009
Gold, Useless and Pointless? / Commodities / Gold & Silver 2009
By: Adrian_Ash
"Gold isn't the long-term store of value that people think it is. It has no industrial use, and provides no income..."
SPARE A THOUGHT for the lonely gold analyst.
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Friday, August 14, 2009
Gold Marks Time Ahead of Seasonally Bullish Period / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF PHYSICAL GOLD pushed back up to $959 an ounce Friday lunchtime in London, a little higher for the week as European stock markets touched new 10-month highs and crude oil moved back above $71 a barrel.
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Friday, August 14, 2009
Gold Tests Resistance as U.S. Dollar Remains Under Pressure / Commodities / Gold & Silver 2009
By: GoldCore
Gold is testing resistance levels as the dollar remains under pressure. It is currently trading at $955.70/oz and if it breaks through $960/oz and sustains it, the possibility of a correction in gold may not materialise. The continuing weak data coming out of the U.S may make investors less likely to take profits on gold and or continue to diversify into gold.
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Friday, August 14, 2009
The Gold/Silver Ratio / Commodities / Gold & Silver 2009
By: David_Morgan
The following is an interview I did recently discussing the gold/silver ratio. This topic seems to surface from time to time and Tom Jeffries and I explored it together.
Thursday, August 13, 2009
Gold Up as Inflation Hedge / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD rose sharply as the US Dollar fell Thursday morning in London, touching four-session highs above $960 an ounce as world stock markets rose for the third day running.
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Thursday, August 13, 2009
Gold Rallies as U.S. Dollar Comes Under Quantitative Easing Money Printing Pressure / Commodities / Gold & Silver 2009
By: GoldCore
With the Federal Open Market Committee (FOMC) stating that they are going to keep US interest rates at a low level and continue quantitative easing, the dollar is under fire today. It has slipped against the six major currency pairs and gold is taking up the slack. In the meantime, gold has pared back some of its early week losses and is currently trading at $953/oz, up from a low of $941/oz yesterday.
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