Category: Gold and Silver 2012
The analysis published under this category are as follows.Wednesday, April 11, 2012
Chinese Gold Imports From Hong Kong Rise Nearly 13 Fold, PBOC Likely Buying Dip Again / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,654.00, EUR 1,261.63, and GBP 1,040.25 per ounce. Yesterday's AM fix was USD 1,643.75, EUR 1,255.92 and GBP 1,037.72 per ounce.
Silver is trading at $31.66/oz, €24.08/oz and £19.87/oz. Platinum is trading at $1,591.50/oz, palladium at $636.30/oz and rhodium at $1,350/oz.
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Wednesday, April 11, 2012
Surging central bank gold demand adds new dimension to bull market / Commodities / Gold and Silver 2012
The longer-term trends in gold's supply-demand fundamentals point to a potentially explosive market situation in the years ahead. In short, the supply trend is static to shrinking while global demand trends, particularly from investors and central banks, appear to be in a period of rapid expansion. What's more the political, financial and economic dynamics driving these trends are not likely to undergo any significant reversal anytime soon for reasons explored below.
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Wednesday, April 11, 2012
Gold Remarkable Reversal on Euro Jitters Flight to Safety / Commodities / Gold and Silver 2012
There was a remarkable intra-day reversal in gold as stocks slumped hard on fresh European debt jitters of the Italian and Spanish variety.
This divergence was probably a flight to safety, as gold soared but silver lagged.
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Tuesday, April 10, 2012
Gold Moves Higher For No Particular Reason Yet Seen / Commodities / Gold and Silver 2012
Read full article... Read full article...I am checking various rumours, but so far nothing in the news can explain this remarkable short term rally in gold.
This is a significant divergence from the equity markets. Silver also has lagged a bit.
I would not chase it at this point, although that is easier to say as I did some additional buying earlier today and then went out for a walk and some light reading on the patio. Spring is in the air.
Tuesday, April 10, 2012
Managing Gold Investors Expectations: Why Gold Should Thrive / Commodities / Gold and Silver 2012
It was a challenging week for gold investors. Although the yellow metal has been on a spectacular 11-year bull run, recent strength in the economy has some thinking gold's heyday is over.
As I often say, investing, like life, is about managing expectations--even throughout gold's decade-long rise, price action over the short term can go both ways. It helps to look at what happens after short-term drops. For example, looking at the past decade of one-day 5 percent declines in gold, you can see that this event is pretty rare. In 2006, gold dropped more than 5 percent in a day only two times. In 2008, there were three such events. Another one occurred at the end of this February.
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Tuesday, April 10, 2012
A Return to the Gold Standard, or Gold Behind Currencies - Part 1/5 / Commodities / Gold and Silver 2012
This is the first part of a five part series on how gold will return to the monetary system globally but not in the form of the defunct Gold Standard.
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Tuesday, April 10, 2012
Demand for Physical Gold Grows as Strike Ends in India / Commodities / Gold and Silver 2012
U.S. DOLLAR gold bullion prices fell as low as $1642 an ounce during Tuesday morning's London trading – though still slightly up on last week's close following Asian session gains – while stock markets fell and commodities were flat as markets digested last Friday's disappointing US jobs data.
"Major support [for gold] comes from the long-term uptrend, which is still intact, currently around $1600," says the latest technical analysis note from bullion bank Scotia Mocatta.
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Monday, April 09, 2012
Gold Prices Set for Further Fall / Commodities / Gold and Silver 2012
In the not-so-distant past arguing that precious metals prices were setup to fall generally elicited a response which was not real pleasant. In fact, during gold's infamous bull market rally on several occasions I called for pullbacks which regardless of the accuracy of my call generated hate mail that seemingly never ended.
Fast forward to the present and hardcore gold bugs remain transfixed on the idea that precious metals must rise. The gold bull market has ended, at least for now and those still holding the bag are looking at large losses from the all time highs set back in 2011.
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Monday, April 09, 2012
Real Interest Rates, The Key To Reading The Gold Bull / Commodities / Gold and Silver 2012
Mark Motive writes: After peaking at $1,780 in late February, gold dropped over $100 in March, finishing the month at $1,662.50.
Whenever there is a big move up or down, we all naturally seek confirmation and reassurance of our investment strategy, which is why investors must use objective measures to evaluate and re-evaluate their positions.
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Monday, April 09, 2012
Gold Stocks: Timing Your Next Purchase / Commodities / Gold and Silver 2012
Gold prices continue to trade in the $1800.00/oz and $1550.00/oz range exhibiting scant regard for the current state of world. The Arab Spring looks set to run and run as the dethronement of each leader creates a power vacuum and the opportunity for one of the many political factions involved to make their move and gain control. The North Koreans are about to launch a long range missile, albeit for peaceful purposes, the news of this action as put the Chinese on red alert. (please excuse the pun) Turkey is now seeing an increase in the influx of refugees at their border with Syria as the carnage continues there, despite the protestations of many nations.
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Sunday, April 08, 2012
Gold Reality Check / Commodities / Gold and Silver 2012
For well over a decade GATA has been “ranting” about the evils of the Fed and how the world economy is going to collapse in a heap.
Of course, there is an element of truth in all their arguments but the fact is that the world economy has not collapsed in a heap.
“Oh but it will, it will, trust us, it will.”
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Saturday, April 07, 2012
Gold and Silver Price Manipulation - "High Frequency Shearing" / Commodities / Gold and Silver 2012
In this video with RT Capital Account’s Lauren Lyster, Mike Maloney talks about a mission critical topic for gold and silver investors—manipulation. Governments and central banks around the world manage the action of markets to maintain an illusion of prosperity, but Mike calls gold and silver the “canaries in the coal mine.”
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Saturday, April 07, 2012
Silver Trend Reversal or Higher Future Profits? / Commodities / Gold and Silver 2012
Yellow and silver are our favorite colors, but red is what we are seeing on the boards this week after the U.S. central bank dashed hopes for more monetary stimulus and a weakened euro weighed on sentiment. Silver and gold were caught in a broad market sell-off which spread across commodities and equities. Bullion lost more than 3 percent over two days after the U.S. Federal Reserve released minutes from its last policy meeting which showed policy makers were less inclined to launch more monetary stimulus. This was strange since the Fed did not explicitly take QE3 off the table. In fact, according to the minutes, if the recovery stumbles, or if inflation is too low, the Fed is already prepared to launch QE3. Press accounts report that the sentiment dimmed precious metals' appeal as an inflation hedge.
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Friday, April 06, 2012
Gold QE3 Scares / Commodities / Gold and Silver 2012
Sellers hammered gold again this week on news from the Fed. The minutes from its latest FOMC meeting convinced traders the odds for a third round of quantitative easing are waning. This was the latest in a long line of QE3 scares that have become the bane of gold’s existence. But they are merely a distraction from the Fed’s ongoing massive monetary inflation behind the scenes, which is very bullish for gold.
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Friday, April 06, 2012
How and Why of Silver Price Manipulation / Commodities / Gold and Silver 2012
Peter Krauth, Global Resources Specialist, Money Morning :
No one knows the machinations of the day-to-day silver price better than Ted Butler.
Ted publishes bi-weekly commentary at www.butlerresearch.com, with a special focus on the silver market, which he's been closely following for over 30 years. Ted is an expert's expert.
Friday, April 06, 2012
Killing the golden goose that lays the golden egg / Commodities / Gold and Silver 2012
In the first quarter of 2012 we have seen a few high profile criticisms of the gold standard. Reading them back now, and considering it’s Easter time, I was reminded of a famous fable.
‘The goose that lays the golden egg’ is a fable in which a farmer and his wife are fortunate enough to have a goose which day after day produces a golden egg. The eggs are produced regularly and therefore the couple could rely on this source of income.
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Friday, April 06, 2012
Gold Investor Opportunity Window / Commodities / Gold and Silver 2012
“Investments that are denominated in a given currency include money-market funds, bonds, mortgages, bank deposits, and other instruments. Most of these currency-based investments are thought of as “safe.” In truth they are among the most dangerous of assets.”
Warren Buffet, Fortune Magazine, 2/9/2012
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Friday, April 06, 2012
What Happens to Gold if We Enter a Recession or Great Depression? / Commodities / Gold and Silver 2012
Jeff Clark, Casey Research : Mayan prophecies aside, many of the senior Casey Research staff believe that economic, monetary, and fiscal pressures could come to a head this year. The massive buildup of global debt, continued reckless deficit spending, and the lack of sound political leadership to reverse either trend point to a potentially ugly tipping point. What happens to our investments if we enter another recession or – gulp – a depression?
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Friday, April 06, 2012
QE Dysfunctional Implications for Gold and Silver / Commodities / Gold and Silver 2012
Some investors seem disappointed with the Federal Reserve’s apparent failure to endorse another round of quantitative easing. While the fragility of the EU continues high, the ECB also seems to have no taste for another round of quantitative easing. All of this is causing great unhappiness. Reality seems to have clashed with the child like expectations of so many investment strategists. That is understandable, for the whole house of cards and fantasies of much of the hedge fund industry are dependent on a continued flow of easy money. The rest of us should be somewhat more pleased that the Federal Reserve is not pursuing QE-Dysfunctional.
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Thursday, April 05, 2012
Call This Financial Repression? Really? / Commodities / Gold and Silver 2012
Financial repression this ain't. Not unless you like playing victim...
All of a sudden, everyone's talking about financial repression - the capture and torture of domestic savers with below-inflation rates of interest, so that banking and government debt shrinks in real terms.
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