Category: Gold and Silver 2010
The analysis published under this category are as follows.Sunday, November 21, 2010
How HIGH Could Silver Go in December? / Commodities / Gold and Silver 2010
There is no other way to describe silver's price movement of the past 13 weeks other than to call it parabolic. With that in mind, I thought it would be interesting to do a little study of past silver parabolic moves and see if I could get a handle on just how high silver could travel into December before it implodes.Read full article... Read full article...
Sunday, November 21, 2010
Gold Top Head and Shoulder (H&S) Pattern? / Commodities / Gold and Silver 2010
It looks very much like we have reached a top in gold, but for how long? The past week has traced out the initial potential of a head and shoulder reversal pattern (more on this below) which, if completed, would project to at least the $1230 level. BUT the pattern IS NOT yet completed so there is still hope of more upside. What are the odds?
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Saturday, November 20, 2010
Target Zones for Buying Silver / Commodities / Gold and Silver 2010
Jeff Clark, Senior Editor, BIG GOLD writes: Yesterday, we looked at the major spikes and corrections in gold in order to determine where we might buy, so let's look at the same with silver today.
As you know, silver is more volatile than gold. That means two things. If you own it, expect the price to have bigger surges and larger downdrafts. And if you're buying it, you have greater opportunity to snag it at lower prices.
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Saturday, November 20, 2010
Gold Analyst Who Puts the Bull in Bullish / Commodities / Gold and Silver 2010
Dundee Wealth Inc. Chief Economist Martin Murenbeeld is long on opinion and the gold market. "Gold bullion is in a long-term bull market. And that's going to go on for a number of years," he predicted during the recent Forbes & Manhattan Resource Summit in West Palm Beach, Fla. Analysts David Keating, Mackie Research Capital Corp., and Paolo Lostritto, Wellington West Capital Markets, also participated in this Gold Report exclusive, giving candid views of the global gold markets and plenty of reasons to be a gold bull.
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Saturday, November 20, 2010
Beginning of The Gold Plunge, or Just a Golden Breather? / Commodities / Gold and Silver 2010
It’s no secret that the U.S. is borrowing too much, that China manipulates its currency and that Europe’s fiscal troubles are growing at the same time that “the luck of the Irish” is running out. There does not seem to be any international political will to cooperate to rectify any of these imbalances.
The G-20 meeting in Seoul, South Korea, achieved nothing to improve global imbalances and end the currency conflicts.
Friday, November 19, 2010
Why Are Gold and Silver Falling Despite Currency War? / Commodities / Gold and Silver 2010
National interests dominateStarting with the U.S. and its response to global annoyance at quantitative easing, we see that the U.S. has little choice but to follow its mandated path of using its money to stimulate growth inside the U.S. In turn, China feels that to maintain social order within its borders it must hold down the Yuan to keep its manufacturing sector healthy in the global marketplace. Following those examples, every other nation will frame its exchange rate policy on a similar basis, with the emphasis on internal price stability for the benefit of local employment. These are the rules of the currency game as well as the root of the potential failure of currencies to operate internationally.
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Friday, November 19, 2010
Gold Investor Antidote to Globalists Threat to U.S. Dollar Gold Investments / Commodities / Gold and Silver 2010
“Dollars newly printed for free by The Private for-Profit Fed (and loaned at interest to the U.S. Taxpayer) diminish the Purchasing Power of those already in circulation. Therefore, Quantitative Easing is Taxation without Representation.” Deepcaster
“Let the economists gasp: The classical gold standard, the one that was in place from 1880 to 1914, is what the world needs now. In its utility, economy and elegance, there has never been a monetary system like it…
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Friday, November 19, 2010
Gold Bull Market Seasonal Rally Analysis / Commodities / Gold and Silver 2010
Following gold’s sharp retreat over the past week or so, traders are wondering how low it will go. Is this metal in a pullback or a correction? The former is a minor and healthy mid-upleg event, a great buying opportunity. But a full-blown correction is a major upleg-ending selloff, meaning the worst is yet to come. Interestingly, today’s gold seasonals are one argument in favor of the milder pullback scenario.
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Friday, November 19, 2010
Gold and Silver on a Roller Coaster as China Tightens Rates / Commodities / Gold and Silver 2010
THE PRICE OF GOLD fell hard from a second attempt to breach $1360 per ounce in London trade on Friday, heading for its fourth weekly loss over the last 3 months for Dollar investors on what one trader called "a rollercoaster day" for precious metals.
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Friday, November 19, 2010
Which Way Will Silver Pop? / Commodities / Gold and Silver 2010
Team, We know it has been a rough couple of days, however, silver prices showed its true strength today as it bounced back to close in New York City at $26.93/oz, registering a gain of $1.30/oz or 5.07%. The recovery began in Sydney, three cheers for the Aussie gold bugs, carried through in Hong Kong and Singapore, three cheers there too, then onto London where they also managed to push silver prices higher. Well done to all the buyers out there.
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Thursday, November 18, 2010
What Could Trip Gold Up? / Commodities / Gold and Silver 2010
David Galland, Managing Editor, The Casey Report writes: Can you visualize a possible scenario that could put a sudden end to the secular rise now underway in gold and silver?
In a recent conference call with the research team of The Casey Report, we once again collectively tried to imagine what situation… what scheme… what government manipulation… might finally put a stake through the heart of gold.
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Thursday, November 18, 2010
Silver Physical Supplies and Price Action / Commodities / Gold and Silver 2010
The basic tenets of economics tell us that supply, demand, and price as all intertwined, especially in free markets. While the silver market may be not as free as we would like, compared to most, it is relatively free, and it should be very much subject to basic economic laws.
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Thursday, November 18, 2010
Battle for the Silver Market on December Expiration / Commodities / Gold and Silver 2010
There's a war waging for the silver market, and the war will soon break out over the course of the next week. Each month, as options and futures in the silver markets reach expiration, the bankers, investors and world interests plow into the market with shorts, pushing prices down and stymieing the total amount of delivery off the exchange.
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Thursday, November 18, 2010
Gold and Silver Rally as Euro, Stocks and Commodities Jump on Irish Bail-Out / Commodities / Gold and Silver 2010
THE PRICE OF GOLD recovered half of this week's 3% drop by the start of New York trading on Thursday, briefly touching $1355 per ounce as the Euro currency jumped vs. the Dollar on news that Ireland is about to accept an EU rescue.
Global stock markets jumped, adding 1.5% to New York's S&P index atThursday's opening, while commodity prices rose up to 2%.
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Wednesday, November 17, 2010
Gold and Silver Signs of Fatigue / Commodities / Gold and Silver 2010
The biggest point of discussion over the past few days has been the relative strong performance of the US Dollar and its impact on precious metals. Precious metals continue to be negatively correlated with the USD Index, although to a lesser extent. Gold, silver and mining stocks have held much of their recent gains even as the dollar rallied. It appears that metals have been moving in tune with the general stock market more so than the dollar and it seems that when watching stocks has become more important recently for precious metals investors. A rally is likely in the coming months and a stronger correlation could be seen in the days ahead.
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Wednesday, November 17, 2010
Rally Phase for Silver SLV ETF / Commodities / Gold and Silver 2010
Since yesterday morning's pivot low at 24.44, right off of the Aug-Nov up trendline, the iShares Silver Trust (NYSE: SLV) has climbed to 25.33 (+3.6% so far), in what looks like the initiation of either of two scenarios. One would be a recovery or intervening upleg within a larger corrective, or digestion, period.
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Wednesday, November 17, 2010
Gold's Allure Tied to Interest Rates / Commodities / Gold and Silver 2010
The continued bull market in the price of gold has been one of the staple discussions in the financial media for the better part of a decade. But, in that time, almost no consensus has emerged to explain the phenomenon. If you ask ten Wall Street pundits to explain the upward movement, you will most likely get nearly ten different answers.
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Wednesday, November 17, 2010
Gold Steadies on Private Chinese Demand / Commodities / Gold and Silver 2010
THE PRICE OF GOLD and silver bounced near two-week lows in London and early New York trade on Wednesday,holding below $1340 and $25.75 per ounce respectively.
Global stock markets steadied, but Chinese equities ended sharply lower on fresh rumors of imminent interest-rate hikes, while commodity prices capped their 3-day sell-off.
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Wednesday, November 17, 2010
Buy Silver to Crash JP Morgan Due to its Giant Short Position / Commodities / Gold and Silver 2010
Mike Maloney was recently in Europe working on his next top-secret project. While passing through France, Mike got the chance to visit with the one and only Max Keiser.
Intelligent, witty, and never bashful, Max Keiser is pure financial entertainment. With over 25 years of experience with markets and finance, Max often draws from first hand experiences when providing his listeners explicit insights on how the financial markets truly operate.
Tuesday, November 16, 2010
Gold and Silver Continue to Tumble Against Rallying U.S. Dollar / Commodities / Gold and Silver 2010
THE PRICE OF GOLD fell for the sixth session running vs. the Dollar in Asian and London trade on Tuesday, dropping to a near-two week low as the US currency rose and global stock markets fell hard.
The Gold Price in Euros, Sterling and Japanese Yen also slipped, but lost just 0.5% from last week's finishes.
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