Category: Gold and Silver 2012
The analysis published under this category are as follows.Thursday, April 05, 2012
Do you trust the banks? Is there money under your bed? Gold Safe Alternative / Commodities / Gold and Silver 2012
Last month it was reported that over £5.6 billion in cash is estimated to be kept in peoples’ homes; out of the banking system
It works out at around £270 per person; this is a lot of money to be sat around avoiding the banking system.
The statistic was announced by the Financial Services Compensation Scheme (FSCS), the body responsible for compensating savers when a bank fails; an organisation which bases its entire existence on an un-backed paper money system.
Read full article... Read full article...
Thursday, April 05, 2012
US scores own goal on Gold / Commodities / Gold and Silver 2012
Will Bancroft takes a look at America and the West’s decision to force Iran out of the global payments system, SWIFT, and what these geo-politics mean for investors. Read more to learn if Washington may have stumbled again in its management of the dollar.
Read full article... Read full article...
Thursday, April 05, 2012
Asian Gold Demand Still Lacking as Vietnam Bans Monetary Use / Commodities / Gold and Silver 2012
GOLD and SILVER ticked higher from Wednesday evening's 3-month lows in London on Thursday, going into the long Easter weekend with gold trading 0.7% higher against the US Dollar.
Silver bullion rallied 2.2% from last night's low, but held one-third below the 3-decade peak near $50 per ounce hit at Easter 2011.
Thursday, April 05, 2012
Jim Rogers “I Will Buy More” Gold – Still Long Term Bullish / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,622.50, EUR 1,239.21, and GBP 1,022.82 per ounce. Yesterday's AM fix was USD 1,631.75, EUR 1,239.65 and GBP 1,027.75 per ounce.
Silver is trading at $31.36/oz, €24.00/oz and £19.80/oz. Platinum is trading at $1,595.75/oz, palladium at $635.80/oz and rhodium at $1,350/oz.
Read full article... Read full article...
Thursday, April 05, 2012
Silver’s Trend and the Death of Technical Analysis / Commodities / Gold and Silver 2012
The death of technical analysis has arrived. What took place in the markets (especially in the precious metals) on April 3rd & 4th proves this in spades. There were several calls made prior to the takedown, by some very well known individuals in the precious metal field, that became NULL & VOID when either bottoms or chart patterns failed.
Read full article... Read full article...
Thursday, April 05, 2012
The Federal Reserve Did It Again to Gold Prices / Commodities / Gold and Silver 2012
Easy come, easy go. Gold and silver prices received a boost last week as Federal Reserve Chairman Ben Bernanke appeared to place more quantitative easing back on the table. In a speech at the National Association for Business Economics, he noted some positive signs in the job market, but said the Fed can aid economic growth by “continued accommodative policies.” However, these gains in precious metals have been quickly erased as the Federal Reserve continues to play with the hearts of investors.
Read full article... Read full article...
Thursday, April 05, 2012
Institutional Investors Continue Gold and Silver Buying Spree / Commodities / Gold and Silver 2012
The global silver market was pretty shaken up in 2011 when silver bullion prices dropped from a high $49 to $32 and then again from $43 to $28. Investors around the world have been reacting differently to the price upheavals which triggered the most paranoia in October 2011. However, about 50% of investors have turned the fall into an opportunity and are aggressively buying the lower-priced silver. Considering the uncertain financial future, the decision to hold silver bullion instead of fiat currency certainly appears to be a wise one.
Read full article... Read full article...
Wednesday, April 04, 2012
Where and When to Place Your Gold Investment Bets? / Commodities / Gold and Silver 2012
Jeff Clark, Casey Research : Let's explore the advantages of saving in gold and silver over dollars. Here's a hypothetical look at what could occur over the remainder of this decade.
The charts below compare saving $100/month in gold and silver vs. an interest-bearing money-market account. For our projections, we assumed gold's average annual gain of 18% since 2001 will continue through 2020. For the money-market account, we used an annual interest rate of 1% in 2012 and added 0.5% each year, so that by 2020 it's earning 5%.
Read full article... Read full article...
Wednesday, April 04, 2012
Is the Chinese Economy Driving Gold Prices? / Commodities / Gold and Silver 2012
We sometimes miss the bigger picture, when we focus solely on the U.S. economy. This certainly seemed like the case in 2011, when precious metals corrected sharply in the second half of the year, despite a new U.S. easing effort in the form of ‘operation twist’. In particular, we can take our eye off the Chinese economy, which I shall examine below.
Read full article... Read full article...
Wednesday, April 04, 2012
Gold Sinks to 3-Month Low as Fed "Distances Itself" from Further QE Stimulus / Commodities / Gold and Silver 2012
THE U.S. DOLLAR gold price hit its lowest level since early January on Wednesday morning, when it sank to $1622 an ounce ahead of US markets open.
Silver prices dropped to $31.76 an ounce – a fall of 1.7% for the week so far, but still just above last week's low.
Read full article... Read full article...
Wednesday, April 04, 2012
Gold Down 2% On FOMC Minutes – Fundamental Support From Negative Real Interest Rates / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,631.75, EUR 1,239.65, and GBP 1,027.75 per ounce. Yesterday's AM fix was USD 1,674.75, EUR 1,254.03 and GBP 1,044.17 per ounce.
Silver is trading at $32.01/oz, €24.31/oz and £20.16/oz. Platinum is trading at $1,622.20/oz, palladium at $640/oz and rhodium at $1,350/oz.
Read full article... Read full article...
Wednesday, April 04, 2012
Gold Bull Market Real Interest Rates Critical Metric / Commodities / Gold and Silver 2012
Jeff Clark, Casey Research : There are many reasons why gold is still our favorite investment – from inflation fears and sovereign debt concerns to deeper, systemic economic problems. But let's be honest: It's been rising for over 11 years now, and only the imprudent would fail to think about when the run might end.
Is it time to start eyeing the exit? In a word, no. Here's why.
Read full article... Read full article...
Tuesday, April 03, 2012
Gold New Rally Phase? / Commodities / Gold and Silver 2012
Although spot gold remains stuck between a set of convergent support and resistance lines derived from the Mar 11 rally peak at $1717.36, my near-term pattern work argues that what looks like a coil is really the initiation of a new rally phase off of the Mar 22 low at $1631.89.
Read full article... Read full article...
Tuesday, April 03, 2012
Game Changer for Gold and Stocks / Commodities / Gold and Silver 2012
I am not preaching to the converted however most if not all readers will know that the US banking system is in trouble as evidenced by QE1, QE2 and now suggestions of QE3. Governments would not offer or provide the monstrous bailouts and deposit guarantees unless this was the case. The European bank has also taken steps to prop up their banking system since 2008, with in excess of US$1.2T in new support in the past 4 months. This is a global phenomenon made necessary due to the gradual debt collapse, a deleveraging process that will persist for many years to come.
Read full article... Read full article...
Tuesday, April 03, 2012
Gold Market To See Little Business This Week with India Striking and China Closed / Commodities / Gold and Silver 2012
WHOLESALE MARKET prices to buy gold dropped to $1672 an ounce Tuesday lunchtime in London – a 0.7% fall from the previous day's high – while stocks and commodities traded lower and US Treasury bond prices rose ahead of the release of the latest Federal Reserve policy meeting minutes.
Read full article... Read full article...
Tuesday, April 03, 2012
Now Is Not the Time to Be Scared of Gold! / Commodities / Gold and Silver 2012
I titled last month’s issue of this newsletter “Mining Stocks May Become the Big Play for the Second Half of 2012.” I wasn’t saying that it was time to buy them, but that I thought that when the correction they are in, which has been going on now since way back in September, came to an end they would likely put on a big performance through the rest of this year.Read full article... Read full article...
Tuesday, April 03, 2012
Gold No Hysteria and No Bubble According to US Mint Coin sales / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,674.75, EUR 1,254.03, and GBP 1,044.17 per ounce. Yesterday's AM fix was USD 1,664.00, EUR 1,246.16 and GBP 1,037.54 per ounce.
Silver is trading at $32.95/oz, €24.70/oz and £20.58/oz. Platinum is trading at $1,657.25/oz, palladium at $655/oz and rhodium at $1,350/oz.
Read full article... Read full article...
Monday, April 02, 2012
Gold Price Struggling for Momentum But Still Respecting Long Term Uptrend / Commodities / Gold and Silver 2012
SPOT MARKET gold prices jumped to $1669 per ounce ahead of Monday's US trading, broadly in line with where they ended last week, though they remained below the Asian session peak touched briefly following the release of positive Chinese manufacturing data.
"Gold [is] still respecting the long-term uptrend," says the latest technical analysis note from bullion bank Scotia Mocatta.
Read full article... Read full article...
Monday, April 02, 2012
Silver, Gold, Gold Miner Stocks On The Rise? / Commodities / Gold and Silver 2012
Silver, Gold, Gold Miner Stocks On The Rise?
The past couple months investors have been focusing on the equities market. And rightly so with stocks running higher and higher. Unfortunately most money managers and hedge funds are under performing or negative for the first quarter simply because of the way prices have advanced. New money has not been able to get involved unless some serious trading rules have been bent/broken (buying into an overbought market and chasing prices higher). This type of market is when aggressive/novice traders make a killing cause they cannot do anything wrong, but 9 times out of 10 that money is given back once the market starts trading sideways or reverses.
Read full article... Read full article...
Monday, April 02, 2012
Gold and Silver Are at a 3 Month Cycle Low! / Commodities / Gold and Silver 2012
Investors that are trying to protect themselves from inflation are asking, what is going on with the precious metals? When the world central banks, without exception, are printing money. Why are metals prices declining?The economists will search in their bag of excuses and find a reason.
Read full article... Read full article...