Category: Gold and Silver 2010
The analysis published under this category are as follows.Wednesday, December 30, 2009
Can Gold be the Next Currency? / Commodities / Gold and Silver 2010
I am not a gold bug or an end of the world fanatic… but in all seriousness…Can Gold be the next currency? Honestly…As an investor, I became very concerned about having my assets denominated in U.S. dollars. Even if I was clever enough to denominate my assets in other currencies…the fact is they are all paper not truly backed by anything. However as a commodity trading advisor I believe anything can happen and that means gold can fall in value as well.
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Wednesday, December 30, 2009
Jim Rogers, Marc Faber Frightening Gold Forecasts for 2010 / Commodities / Gold and Silver 2010
The gold bears are out today as the aired 2010 predictions are being issued by talking heads.
Some pro-gold stars like Mark Faber and Jim Rogers are being interviewed every day and are predicting a dollar rally. That is scary to those that have followed them and is making them emotional.
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Monday, December 28, 2009
Gold to Recover, New Bull Trend Into 2010? / Commodities / Gold and Silver 2010
Holidays are here. Just the facts today.
LONG TERM - The P&F chart shown last week moved another two zero’s lower but has still not broken below the up trend line. At the present time the P&F still has another $30 to drop before it goes bearish.
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Monday, December 28, 2009
Why Gold Will be the “Greatest Trade Ever” / Commodities / Gold and Silver 2010
Peter Krauth writes: Forget about all the forecasts being made for 2010. Here's my prediction for 2015: An entirely new name - John A. Paulson - will grace the coveted top of the annual Forbes billionaires list.
And the gap between Paulson and the runner-up billionaire will be huge.
Saturday, December 26, 2009
Gold The Greatest Currency Trade of the Millennium / Commodities / Gold and Silver 2010
Chris Weber writes: Even though gold has been in a correction during these last few months, it is important to step back and see how it has out-performed every other currency since this decade, century, and millennium began.
Wednesday, December 23, 2009
Gold Forecast to End 2010 at $2000 / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE gold bullion recovered from a new 7-week low in Asian and London dealing on Wednesday, rising above $1080 an ounce as world stock markets extended their 3-day gains.
"Trading is uneventful with Tokyo out on holiday," said one dealer.
Wednesday, December 23, 2009
Will Gold Bullion Investors Become Enemies of the State? / Commodities / Gold and Silver 2010
According to Adolf Hitler: "Gold in the hands of the public is an enemy of the state."
I wonder what he meant by this? Was Hitler retarded? Did he have a childhood marred by parental beatings with Gold plated items? Why would he say such a thing?
Wednesday, December 23, 2009
Why Gold and Silver Will Be the Next Currency / Commodities / Gold and Silver 2010
In the currency game, only one player has dominated throughout the course of history: precious metals. Over time, fiat currencies lose their worth, as governments inflate the paper through printing and confidence is lost with each recession. This phenomenon was proven in the United States with the Continental currency, which was rapidly inflated to pay for the revolutionary war. Thereafter, the inflated Continental dollar was replaced with hard metals, which retained and actually grew in value from 1774 to the creation of the Federal Reserve Bank in 1913.
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Tuesday, December 22, 2009
The Real Reason Not to Bet Against Gold / Commodities / Gold and Silver 2010
The much anticipated gold correction hit faster than most expected.
After weeks of eerily consistent gains, gold is now shedding anywhere from $20 to $50 on the down days and struggling to post $10 upticks on short-lived rebounds.
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Monday, December 21, 2009
Gold Forecast 2010 / Commodities / Gold and Silver 2010
With our last comments of the year 2009 we pose the all-important question. How did Gold Bugs do in 2009? Well, as the chart below shows, the Gold Bugs won again! In fact, $Gold has been victorious over the paper asset groupies on both the five year and ten-year measurements. For 15 years results are almost tied. Will take another year or so to best paper assets on a 20-year basis. Seems that Buy & Hold does work, if one buys and holds the right stuff! By the way, the S&P data is on a total return basis which includes the dividend.
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Monday, December 21, 2009
Gold Investing is Speculation on the Certainty of the Debasement of the Currency / Commodities / Gold and Silver 2010
Chris Mayer writes: The U.S. dollar is a sort of monetary brand.
And like any other brand, it can fall out of favor. Even iconic brands can rapidly lose their "must-have" cachet. Sometimes, a brand can disappear entirely, as did Pan American Airways or "Members Only" jackets. But there is always something else waiting to take its place. So it is with the U.S. dollar, a brand making lows in the financial markets.
Monday, December 21, 2009
Gold Futures Trading Multi Time Frame Trends Update into 2010 / Commodities / Gold and Silver 2010
In this weekly issue, The J.E.D.I. Way will be covering price trends in the Futures, and Futures Options Markets for the long-term, intermediate-term, and short-term time periods for the FEBRUARY 2010 GOLD 100 oz (Ticker Symbol: GCG10) contract and then list one or more trading opportunities in the futures options for this commodity that The J.E.D.I. Way will be seeking to add to its current holdings.
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Sunday, December 20, 2009
U.S. Dollar Breakout Means Gold Has a Lot Further to Fall / Commodities / Gold and Silver 2010
Gold behaved as predicted in last weekend’s update - it rallied into the middle of last week before plunging on Thursday and then ended the week with a modest upturn. Thursday’s plunge involved a sharp break below our important parabolic uptrend channel, and although the break was not by a decisive margin and gold rallied Friday, this sharp drop has bearish implications.
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Saturday, December 19, 2009
Gold Beware Detour Dead Ahead / Commodities / Gold and Silver 2010
GOLD MONTHLY
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Tuesday, December 15, 2009
Why Precious Metals Aren't in a Bubble / Commodities / Gold and Silver 2010
Critics of precious metals investing have called gold and silver a bubble, further claiming that today's higher prices will fade as economic conditions improve. Although gold and silver prices are much more expensive than they were even a few years ago, gold and silver are hardly near bubble status.
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Tuesday, December 15, 2009
Easy Dollars vs. Hard Silver, Profiting from Obama’s Inflation / Commodities / Gold and Silver 2010
Barack Obama has charged banks with the task of lending more money to consumers and businesses in an effort to stimulate the economy. Luckily for gold investors, easy credit and greater loan activity have always meant higher precious metal prices.
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Tuesday, December 15, 2009
Gold and Related Silver and Stock Ratio Analysis / Commodities / Gold and Silver 2010
The daily chart of the gold/silver ratio is shown below, with upper Bollinger bands in close proximity to the ratio, with lower 21 and 34 MA BB’s in close proximity to each other and the lower 55 MA BB starting to curl down, indicating the potential for further upside. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K above the %D in all three instances. Based upon extrapolation of the %K in stochastic 1, there is the potential for the ratio to continue heading higher over the next 1-2 weeks before topping out. Generally, the gold/silver ratio rises during periods of economic weakness and declines during economic stability.
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