Category: Gold and Silver 2010
The analysis published under this category are as follows.
Wednesday, October 06, 2010
Gold Disconnect / Commodities / Gold and Silver 2010
By: Neil_Charnock
Gold now has an RSI reading of over 84 as I write this article; it is sitting just under US$1350 an ounce and it is very overbought. This is not to say it cannot get more overbought short term however it can indicate gold needs to take a breather very soon now. When fundamentals push additional cash flows along a trend the technicals will give way and reach extreme levels every time. We are more likely to see a price consolidation as that RSI cools off before it launches ahead again. Silver is agreeing with this scenario and so are the gold stocks. The AUD price of gold is currently $1377 which is well under the record highs reached in 2008 and the middle of this year.
Wednesday, October 06, 2010
Silver Blow Out, But Where To Buy? / Commodities / Gold and Silver 2010
By: Bob_Clark
How to enter silver safely - If you have been following my posts on this site, you will know that I am a fan of silver. I have written a few articles about how I thought it would trade. Approximately 1 year ago in "Gold a recipe for disaster" I presented the argument that gold had just made an 8 year low when it went clunk in 2008 At that ime I said the metals would not top out the next move up until 2012 at the earliest. Read full article... Read full article...
Wednesday, October 06, 2010
Gold and Silver Breakout as Fascist Business Model Crumbles, Mortgage Market Fraud / Commodities / Gold and Silver 2010
By: Jim_Willie_CB
Some significant events are in progress, extremely important developments in the grand pathogenesis that reflects the deep decay and deterioration in the US financial structure. The most recent events pertaining to mortgage loans, home foreclosures, and disclosed fraud carry great potential to open extremely wide cracks in the American social order. Revealed systemic fraud is slowly coming into the open. Civil disobedience has already entered the arena of popular protest. However, the recent events surrounding illegal home foreclosure seizure of properties elevates the exposed fraud to a very clear high new level. This is a boil ready to break open, releasing financial puss.
Tuesday, October 05, 2010
Turning Deflating Dollars Into Inflating Gold / Commodities / Gold and Silver 2010
By: Barry_M_Ferguson
Isaac Newton gave us a fundamental law of physics. Every action has an equal and opposite reaction. In the investment world, currency is the action. Since the US is still the biggest economic player, the US dollar moves everything. Some things have the same action as the dollar. Others are the opposite reaction of the change in the value of the dollar.
Tuesday, October 05, 2010
Connecting the Dots of Chinese Gold and Currency Reserves / Commodities / Gold and Silver 2010
By: Richard_Daughty
Bill Bonner here at The Daily Reckoning is one of those guys who, for some reason, figures that we (represented, apparently, by me) are smart enough to "connect the dots," when some of us (again, me as "everyman") are obviously not smart enough to engage in such mental gymnastics.
Tuesday, October 05, 2010
The Silent Stock Market Crash, Dow Continues Slide vs. Gold / Commodities / Gold and Silver 2010
By: Tarek_Saab
Rise in equities got ya bullish? Be cautious. Amidst the October push to 11,000, the Dow Jones Industrial Average has continued its calamitous descent against gold which began in 2001 and shows no signs of abating. The silent market crash is real, and the fall of this paper tiger is surreptitiously ferocious.
Tuesday, October 05, 2010
Gold's Upside Assault on Japan's Renewed ZIRP / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
Spot gold prices rocketed again in overnight trading, reacting to Bank of Japan's renewed ZIRP as a cue to investors to get out of very low or no rate of return investments into riskier ones! Gold certainly qualifies and also satisfies the desire to protect against an inflationary shock that likely is the light at the far end of the "tunnel," as well as against domestic and global political instability.
Read full article... Read full article...
Tuesday, October 05, 2010
Gold and Silver Jump Again as Fed Threatens to Print Money / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF SILVER and gold bullion leapt overnight in Asian and early London trade on Tuesday, hitting new highs vs. the Dollar as world stock markets also rose on fresh promises of quantitative easing on either side of the Pacific.
Both the central banks of Australia and Japan defied analyst expectations – and Asian Gold Dealing "finally saw a little volatility" said one Hong Kong dealer – by failing to raise and by slashing their interest rates respectively.
Tuesday, October 05, 2010
Gold's New Record Highs on BOJ's Buying Assets and Zero Interest Rates / Commodities / Gold and Silver 2010
By: GoldCore
Gold rose in all currencies and rose 1% to new record dollar highs (nominal) at $1,327.90/oz this morning. The Bank of Japan pledged to pump more funds into the struggling economy and keep rates "virtually at zero". This surprised markets and given that the Federal Reserve and other central banks look set to soon provide fresh injections of economic stimulus is leading to demand for gold as a store of wealth.
Read full article... Read full article...
Tuesday, October 05, 2010
Jim Rogers Sees Gold Cross $2,000, and My Contrarian View on Silver / Commodities / Gold and Silver 2010
By: Dian_L_Chu
In an exclusive interview with CNBC on Monday, Oct. 4, Jim Rogers talks about commodities, bond and the currency market.
Commodities to Outshine Stocks and Bonds
Because of the global central banks’ money printing express, Rogers says commodities will outperform equities regardless if the economy recovers or not. However, not all commodities are created equal, he points out in the case of aluminum, whose price is lagging mostly due to the increased capacity in China.
Tuesday, October 05, 2010
Gold and Silver Mining Investment Plays / Commodities / Gold and Silver 2010
By: The_Gold_Report
Some people speak softly and suppress their opinions. Newsletter Writer Byron King is not one of those people. "We have to quit screwing around. We have to get back to basics, back to capital investments and making things—important things. Great countries mine metals and minerals," he says. In this exclusive interview with The Gold Report, Byron shares several precious metals companies that are making important things and some juniors that are well on their way.
Monday, October 04, 2010
The Fed Is Selling Paper Gold And Buying Physical Gold / Commodities / Gold and Silver 2010
By: Rob_Kirby
[the good ole ‘American way’ – through proxies] A couple of weeks ago, I pitched an idea to some associates of mine who are involved in SERIOUS [tonnage] PRECIOUS METALS procurement – physical metal only – let’s just say HUGE money. I asked them if they would be interested in purchasing an “option” – cash up front - for the exclusive rights [first right of refusal on off-take] of a gold producer [miner] for a set number of ounces for 3 – 5 years “at the market” – using LBMA pricing [a.m. / p.m. fixes] in the future. The answer I got back from my associates was “show us a terms sheet, we definitely have interest”.
Monday, October 04, 2010
Gold's Big Countdown Vs. the Big Four Fiat Currencies / Commodities / Gold and Silver 2010
By: Adrian_Ash
Over the last four quarters, the stand-out losers against gold have been the world's top four reserve currencies...
The UPSHOT from last week's London Bullion Market Association conference in Berlin, at least for gold prices, was that there's more sound and fury about bullion in the financial pages than in the dealing rooms right now.
Read full article... Read full article...
Monday, October 04, 2010
Gold and Silver, It Could Well be a Whole New Ballgame! / Commodities / Gold and Silver 2010
By: Peter_Degraaf
The most recent COT (Commitment of Traders) report (chart courtesy Cotpricecharts.com), shows the ‘net short’ position of commercial gold traders to be at its highest level since December 18th 2009 (purple bar at far right). In the past whenever the number rose to the level of the last three weeks (300,000 see table at left), a correction soon followed. Not so much because of the large number of short positions (because these will eventually have to be covered), but because of the large number of long positions (blue-grey vertical bars), representing gold that is held for the most part by hedge funds. Many of these hedge funds use computer generated trading programs which kick in with a domino effect. Once a few begin to take profits, they all try to exit at the same time.
Monday, October 04, 2010
Gold Slips with Euro as Israel Joins Japan in FX Intervention / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD for everyone but Australian and Eurozone investors slipped early Monday in spot gold market trade, briefly dipping below $1314 an ounce as silver prices dipped below $22.00 the ounce.
Western stock markets also fell, while US crude oil contracts edged back from $81.50 per barrel and major-economy government bonds rose.
Monday, October 04, 2010
Silver Up 22% In September / Commodities / Gold and Silver 2010
By: Howard_Katz
THE BUBBLE IN SILVER
Silver is a friend of mine.
I can play him anytime.
He is outperforming gold.
Exciting story does unfold.
Monday, October 04, 2010
Gold Bubble?...Not By This Fiat Currency Measuring Stick / Commodities / Gold and Silver 2010
By: Chris_Blasi
Proclaiming a gold bubble has been the mainstream financial media's Pavlovian response to every incremental increase made by the yellow metal since it emerged from a two decade low in 2001. Appreciating an astounding 400%+ in USD's from its bottom, gold has handily outperformed all major asset classes over the past 10 years. Importantly, this achievement was attained without the support of, nay, despite relentless negative coverage by mainstream financial pundits and highly esteemed economic academics.
Monday, October 04, 2010
Silver makes Clear Breakout by Clearing Major Resistance / Commodities / Gold and Silver 2010
By: Clive_Maund
Two of our three requirements for a major uptrend developing across the Precious Metals sector that were set out in the last Gold and Silver Market updates have now been met - first silver has broken out to clear new highs, then gold broke out above the top line of its potential bearish Rising Wedge - the only condition remaining to be fulfilled is a breakout by the stocks indices - and that may be imminent. The important complication is that both gold and silver are now critically overbought as a result of being in unbroken uptrends for many weeks and we will come to the implications of that shortly.
Monday, October 04, 2010
Gold and Silver Stocks Breakout May Be Imminent / Commodities / Gold and Silver 2010
By: Clive_Maund
Two of our three requirements for a major uptrend developing across the Precious Metals sector that were set out in the last Gold and Silver Market updates have now been met - first silver has broken out to clear new highs, then gold broke out above the top line of its potential bearish Rising Wedge - the only condition remaining to be fulfilled is a breakout by the stocks indices - and that may be imminent. The important complication is that both gold and silver are now critically overbought as a result of being in unbroken uptrends for many weeks and we will come to the implications of that shortly.
Sunday, October 03, 2010
Gold Short-term Looks Too Good / Commodities / Gold and Silver 2010
By: Merv_Burak
Nine weeks of consistent upside action. It can’t continue for much longer before something gives. Gold is once more becoming the talk of the town (or the financial columnists). That by itself is a warning of impending collapse. What do I think? See below.