Category: Gold & Silver 2009
The analysis published under this category are as follows.
Tuesday, July 14, 2009
U.S. Dollar Wobble Sends Gold Higher / Commodities / Gold & Silver 2009
By: GoldCore
Gold: The dollar wobbled overnight pushing gold to $923/oz. Gold is determinedly staying above the psychological $900 mark at the moment and the news that the US federal deficit has topped $1 trillion for the first time ever and could grow to nearly $2 trillion in the coming months is causing concern about higher interest rates and inflation and this should see gold well supported at these levels. The market will likely takes its direction from U.S producer prices and retail sales data released later today.Read full article... Read full article...
Monday, July 13, 2009
Silver DownTrend Meeting Strong Support Level / Commodities / Gold & Silver 2009
By: Clive_Maund
Silver has been in a steep intermediate downtrend since early June, but there are signs that this downtrend may soon have run its course, or even have run its course already. On the 1-year chart we can see that having failed to find any serious traction near its 50-day moving average, silver broke lower again towards the important support level shown, which is expected to put a floor under the price, especially as the Cup & Handle formation shown on the chart is a strongly bullish pattern, although it is very possible that its downtrend will end around the current level as it has arrived at the trendline support of a longer-term potential uptrend channel, also shown.
Monday, July 13, 2009
Gold Summer Doldrums Projects Towards a Sideways Trend / Commodities / Gold & Silver 2009
By: Clive_Maund
The Summer* doldrums are upon us with many investors more interested in the weather forecast than the markets. Although the Summer vacation period is often a time of drift in the markets for obvious reasons, there are exceptions like August 07, when the sub-prime crisis erupted, forcing many brokers to put down their champagne glasses and make a hasty retreat from the beach - and the lighter trading volumes at this time of year make it even easier for big money to steamroller the little guy.
Monday, July 13, 2009
Gold Set to Test Support at $900 / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF PHYSICAL GOLD reversed an early $4 drop on Monday morning in London, recovering last week's finish at $913 an ounce as Asian stock markets ended the day sharply lower but European equities ticked higher.
Priced in Euros, gold bounced higher from a new 3-month low of €651.30. US crude oil contracts held below $60 per barrel.
Monday, July 13, 2009
Precious Metals, Gold and Silver, When Will They Finally Bottom? / Commodities / Gold & Silver 2009
By: Przemyslaw_Radomski
In the recent two Premium Updates I briefly discussed inflation and its effect on gold prices. I showed a chart indicating the massive increase in the amount of money that had been recently pumped into the system. I’ve looked deeper this past week into the issue of inflation researching what some of the smartest people have to say on the subject. There are those, like billionaire investor Warren Buffet, who believe that inflation is inevitable:
Sunday, July 12, 2009
Why I'm Happy to Hold Wealth in Gold and Silver / Commodities / Gold & Silver 2009
By: DailyWealth
Chris Weber writes: Now that the first half of 2009 is over, I have to say I'm very happy with the way gold, silver, and platinum have done this year. I've been keeping a large portion of my money in the metals for years.
Sunday, July 12, 2009
COMEX and Gold Bullion ETF Manipulation, Bill Murphy Grounds for a Class Action Law Suit / Commodities / Gold & Silver 2009
By: Brian_Bloom
Dear Bill,
The recent article by Adrian Douglas, if true, evidences outrageously unacceptable behavior on the part of all three of the COMEX – which appears to be cheating on its contractual obligations to act as a clearing house – the investment banks which are selling short and have no intention or ability to deliver physical gold as and when deliver falls due and those ETFs which do not have 100% gold backing.
Sunday, July 12, 2009
Gold and Silver Downside Breakout Trend Consequences Analysis / Commodities / Gold & Silver 2009
By: Merv_Burak
It seems to have been almost all down hill since I last posted my commentary two weeks ago. Gold and silver bullion as well as stocks have broken on the down side but there is still some life left. Let’s get at today’s assessment.
Saturday, July 11, 2009
Will Gold have a Role in the New Monetary System? / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
The Reserve Currency crisis coming!
After raising the issue of a new global reserve currency and only finding some verbal support from France's President Sarkozy the issue of replacing the $ with another or other currencies was put firmly on the table at the G-8 conference this week. The issue, while acknowledged, was not treated seriously, we believe a major error on the part of the G-8!
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Saturday, July 11, 2009
Deflation or Inflation, Gold is as Good as it Gets / Commodities / Gold & Silver 2009
By: The_Gold_Report
Deflation or inflation, gold is as good as it gets, according to Jay Taylor. Jay, who developed the J. Taylor’s Gold & Technology Stocks Model Portfolio, has established an enviable track record in the markets. In this exclusive chat with The Gold Report, Jay talks about what economic insights he's gleaned from guests on his radio show," Turning Hard Times Into Good Times,” and how owning gold shares can be advantageous in a deflationary period.
Saturday, July 11, 2009
Fool’s GOLD Part2 / Commodities / Gold & Silver 2009
By: Mike_Stathis
In Part 1, I laid out some common sense explanations why gold is best utilized for short-term trading. Furthermore, I emphasized that gold rarely provides a good hedge against inflation. When it does, it’s most often a short-term phenomenon. In Part 2 of this series I’ll demonstrate this.
Let’s begin by looking at a gold price chart from 1975 to 2009. Note that gold prices in this chart have NOT been adjusted for inflation.
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Friday, July 10, 2009
Silver Investing, SLV ETF / Commodities / Gold & Silver 2009
By: Zeal_LLC
Investment has been a core element of the silver market since its very beginning. For thousands of years investors stored a portion of their wealth in this white metal via such vehicles as ornamentals and jewelry. Silver investment has also been facilitated through a variety of monetary systems. In fact many historians believe this metal was used in the oldest form of coinage.
Friday, July 10, 2009
Gold Falls to Two-Month Low, But Demand Remains Solid / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD SLID yet again early Friday in London, recording the lowest AM Gold Fix since 8th May at $910 per ounce, and nearing Wednesday's two-month lows in the spot market at $905.
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Friday, July 10, 2009
Fool’s GOLD Part1 / Commodities / Gold & Silver 2009
By: Mike_Stathis
“…the U.S. might continue its trend towards inflation merely due to continued high oil prices and weakness of the dollar. And only after some disaster such as a Fannie Mae blowup might deflation appear. Regardless of the magnitude of any economic correction, the next decade or two more will most certainly be characterized by extreme inflation. A severe catastrophe might usher in a deflationary period as an after-effect, but only after inflation has caused significant damage. Thus, the possibility of deflation will most likely be determined by the sequence of events, as well as the extent of the economic correction, while high inflation is a virtual certainty.”
Thursday, July 09, 2009
Gold, the U.S. Dollar, and the Chinese Yuan / Commodities / Gold & Silver 2009
By: Jennifer_Barry
In late April, a Chinese sovereign wealth fund, the State Administration of Foreign Exchange, announced that China had purchased 454 metric tons of gold over the past six years. Officials indicated that this increase was accomplished by tapping domestic mine supply and refining scrap gold. As China reported gold production of 282 t last year, the reserves have absorbed about 25% of this output since 2003.
Thursday, July 09, 2009
The Dot.Gold Investors Overconfidence / Commodities / Gold & Silver 2009
By: Frederic_Simons
Projections and guesstimates by various newsletters and analysts where the price of gold will be in 6, 12 and 52 weeks, and various prices where Gold would be "cheap" according to those analysts are quite remarkable. Certainly in most cases not for their accuracy, but for their underlying misconceptions with regard to the movement of commodity-prices in general.
Thursday, July 09, 2009
Gold Weak as Stocks Rally / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE OF GOLD eased back ahead of Thursday's New York opening after recovering half of yesterday's 2.1% losses to the US Dollar and Yen.
Thursday, July 09, 2009
Gold Bounces off of $904 / Commodities / Gold & Silver 2009
By: GoldCore
Gold: Gold dipped below $904/oz overnight and is currently trading at $915.20/oz. Industrial unrest and calls for mine nationalisation in South Africa are for the moment being ignored by the markets but have the potential to create upward price pressures in both the gold and platinum markets.Read full article... Read full article...
Wednesday, July 08, 2009
Gold Drops as U.S. Dollar Rises / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD dropped to a new two-week low lunchtime Wednesday in London, falling 1.6% from this week's start to slip through $918 an ounce.
Wednesday, July 08, 2009
Gold Overnight Rally Lacked Follow Through / Commodities / Gold & Silver 2009
By: GoldCore
Gold: Gold traded as high as $931 overnight, influenced by the euro strengthened on the back of better than expected German manufacturing orders. The rally was short lived however, the market has resumed its summer range and is currently trading at $920. In the UK the Halifax House Price Index showed a small decline for June, contradicting other indices that showed house prices rising.
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