Category: Gold and Silver 2013
The analysis published under this category are as follows.Thursday, February 14, 2013
Why Russia is Investing in Gold More Than Anyone / Commodities / Gold and Silver 2013
Jeff Uscher writes: Now we know what Russia has been doing all these years with all its oil mega-profits: investing in gold.
A Bloomberg News article Monday reported that Russia's central bank added 570 metric tons of gold in the past decade, making the country the world's biggest gold buyer. That amount is a quarter more than the world's second-biggest buyer, China.
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Thursday, February 14, 2013
Silver Stalls as Gold Rallies / Commodities / Gold and Silver 2013
The PRICE of wholesale gold rallied from fresh 6-week lows at $1641 per ounce on Thursday morning, rising as European stock markets fell after much-worse than forecast economic data.
Silver meantime stalled below $31 per ounce as industrial and energy resources cut earlier gains.
Economic output across the 17-member state Euozone contracted by 0.6% in the fourth quarter of 2012, the worst drop since the depths of the global recession four years ago.
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Thursday, February 14, 2013
Record Dollar Value Gold Demand In 2012 - India, China and Central Banks Buy / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,644.00, EUR 1,233.22 and GBP 1,060.37 per ounce. Yesterday’s AM fix was USD 1,648.00, EUR 1,223.55 and GBP 1,054.59 per ounce.
Silver is trading at $30.85/oz, €23.24/oz and £19.98/oz. Platinum is trading at $1,730.84/oz, palladium at $765.00/oz and rhodium at $1,200/oz.
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Thursday, February 14, 2013
Gold Cross, The End of Honest Money / Commodities / Gold and Silver 2013
You shall not crucify mankind upon a cross of gold. ~ William Jennings Bryan
The season of fasting is upon us. No more high living. It's time to cinch up our belts... to put on a gaunt face and a smug look. Alone among friends and associates, we will keep Lent.
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Thursday, February 14, 2013
Time to lift our sight beyond Gold / Commodities / Gold and Silver 2013
A “Head and Shoulders” chart formation is one of the easiest for a technical analyst (chartist) to spot, but many make the basic error of not checking for “confirmation” of the pattern by examining volumes.
As a bull trend approaches an end, it can culminate in a bang (an explosion of hysterical buying pressure) or a whimper (a contraction of buying pressure). The Head and Shoulders is more reflective of a whimper.
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Thursday, February 14, 2013
The Price Of Gold In The Cold-Gold War / Commodities / Gold and Silver 2013
The collapse of the USSR in 1991 was seen as the triumph of capitalism over communism. The 40-year cold war was over and the West had won. That perception, however, was as premature as it was misleading. The struggle of world powers wasn’t over. Today, the struggle continues in a far more fundamental venue; on capitalism’s home court in the arena of paper money.
The West, as Mao Tse-Tung once claimed, is not a paper tiger; unless, of course, you’re referring to its paper money.
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Thursday, February 14, 2013
Gold - Investor Safety Blanket or Quilting Essential? / Commodities / Gold and Silver 2013
The patchwork quilt of diversification looks awful smart. It's more than pretty with gold in it, too...
Investment experts keep telling us two things.
One, you must diversify your savings. Nothing works for ever. Two, your annual returns are set to be miserable, because there's no return to the out-sized gains of the 1980s and '90s. The last 10 years prove that.
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Wednesday, February 13, 2013
Gold and the US Dollar / Commodities / Gold and Silver 2013
The printing of more paper money usually has the effect of debasing or diluting the strength of that particular currency. The lowering of interest rates also renders a currency less attractive to investors as better returns might be available elsewhere. The demise of the US Dollar can be attributed, in part, to both of the above reasons. However, when this debasement is plotted against other currencies as per the US Dollar Index we can see that it is having some difficulty when it comes to heading lower as the chart below depicts.
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Wednesday, February 13, 2013
The Case for Silver Outpacing Gold / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: Gold and silver might move in the same direction each day. But they aren't blood related...
A lot of talk on the web right now says silver is significantly undervalued versus gold.
Many of these pundits and talking heads like to point to the historical relationship between gold and silver prices, sometimes known as the "ratio". People even comment as to this connection as far back as thousands of years ago. Let's take a quick look at this.
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Tuesday, February 12, 2013
Gold, Silver Fail to Recover Losses Despite Talk of Currency Wars and Nuclear Testing / Commodities / Gold and Silver 2013
U.S. DOLLAR gold bullion prices failed to recover yesterday's lost ground Tuesday morning, hovering below $1650 per ounce, as stocks and commodities eased higher and the Euro gained against the Dollar, following news of a fresh nuclear test in North Korea and denials from policymakers that a currency war is taking place among major economies.
Like gold, silver also failed to make up ground lost yesterday, trading below $31 throughout this morning.
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Tuesday, February 12, 2013
Crash Course In Short Term Gold & Silver Price Forecasting / Commodities / Gold and Silver 2013
With the current uncertain economic and monetary situation, the financial markets are extremely difficult to play. The fundamental case for some “assets” is crystal clear. It should not surprise any reader how strong the case is for physical gold and silver is. Apart from the long term investment, one could also use a smaller amount of his assets to play the ups and downs. As the chart shows, the differences between intermediate tops and bottoms are significant enough to consider shorter term investing, let’s call it trading.
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Monday, February 11, 2013
Gold Triggers Buy Signal / Commodities / Gold and Silver 2013
The weekly stochastic and TDI indicators produced a "buy-signal" in the gold market (and various ETFs for gold) in January 2013. The most profitable "buy signals" occurred when the TDI was low and gold had just finished a large percentage correction, such as in late 2008. The January 2013 "buy signal" is similar to the "buy-signal" from 2008. Within the trend channel that stretches back to 2005, there is room for gold to move higher toward $3,500 per ounce within the next two years. Gold probably will not rally that high in 2013, but new highs above $1,900 seem very likely, based on gold's price history, the current "buy-signal," and the financial traumas in the world that will cause additional "money printing" and consumer price inflation.
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Monday, February 11, 2013
Ron Paul: “6,000 Years of History, Gold Is Always Money, Paper Money Fails” / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,663.50, EUR 1,242.16 and GBP 1,057.94 per ounce.
Friday’s AM fix was USD 1,669.75, EUR 1,245.15 and GBP 1,059.55 per ounce.
Silver is trading at $31.24/oz, €23.40/oz and £19.99/oz. Platinum is trading at $1,720.75/oz, palladium at $748.00/oz and rhodium at $1,220/oz.
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Monday, February 11, 2013
Is the Gold Bull Market Over? / Commodities / Gold and Silver 2013
Before we are swamped with emails from gold bulls saying that there is no way the bull market is over, let us state that we are not saying the bull market is over right now, we are merely asking the question and discussing when it would be appropriate to call the end of gold’s run.
Nothing goes up forever. Even the most hardened gold bulls must admit that there will be a time that the yellow metal’s bull market will end, just as it did in 1980 and just like all great bull markets in financial markets. Therefore the purpose of this article is to put forward arguments as to when gold’s run could be over.
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Monday, February 11, 2013
Silver Rally Appears to be Fizziling Out / Commodities / Gold and Silver 2013
In the last update we called a bottom in silver the day after it put in a high-volume bull hammer early in January, and while it did reverse as expected, the short-term uptrend that developed has since stalled out in recent weeks and it now looks like it is about to reverse to the downside again.
On silver�s 6-month chart we can see how the price has advanced out of the intermediate base area that formed late in December and early in January, and also how the advance has fizzled out so that another top area appears to have developed, and with the price on the uptrend line it looks like it will break below it soon, or immediately, and in so doing reverse to the downside again. The advance out of the base was anemic and the price has fallen way short of making it to the upper boundary of the larger downtrend channel, which is an ominous sign. There is still an outside chance that it could now do so � although the latest COTs offer no comfort for bulls here.
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Sunday, February 10, 2013
Gold And Silver $1600 And $28 Buy Targets / Commodities / Gold and Silver 2013
If Venezuela were any guide, we would have to say buy gold and silver, right here, right now! [VENEZUELA DEVALUES FROM 4.30 TO 6.30 BOLIVARS] For those of you who hold Bernanke Bux, aka fiat paper, pay close attention. Those Venezuelan citizens who held paper Bolivars took a 46% hit on their purchasing power. Those citizens there who held gold and silver saw an equivalent 46% jump in their holdings. If you think it cannot happen here, you are wrong. It already has.
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Saturday, February 09, 2013
Silver Coin Dealers and the New Premium Paradigm / Commodities / Gold and Silver 2013
The local silver coin dealer may prove to be the ultimate silver price indicator.
The lower the managed paper price of silver, the more physical metal is reduced due to increased demand. Furthermore, the higher the demand for silver, the higher the physical premium moves.
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Saturday, February 09, 2013
Silver Coin Clipping in the Digital Era / Commodities / Gold and Silver 2013
Price suppression, market controls and market manipulation have become the modern day equivalent to coin clipping in the silver market.
Monetary debasement is not a new phenomenon and has been practiced by various governments throughout the ages, either as a way for them to profit at the expense of their citizens or to pay off high levels of debt.
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Friday, February 08, 2013
Gold, Bonds and the Dollar - Short- and Long-Term Implications / Commodities / Gold and Silver 2013
In our previous essay we stepped back from the day-to-day price analysis in order to focus on the major event that happened recently on the silver market (the silver - JP Morgan manipulation lawsuit was dismissed) and today we would like to get back to the recent price moves, however, first, let's discuss the current situation on the bond market.
A trend is a trend until it stops. Could this be the case for bonds? Is the bond bubble about to burst? And if so, what are the implications for precious metals?
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Friday, February 08, 2013
Gold Surges As Soros Warns EU May Collapse Like USSR / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,669.75, EUR 1,245.15 and GBP 1,059.55 per ounce.
Yesterday’s AM fix was USD 1,675.75, EUR 1,235.99 and GBP 1,065.86 per ounce.
Silver is trading at $31.57/oz, €23.68/oz and £20.04/oz. Platinum is trading at $1,720.75/oz, palladium at $743.00/oz and rhodium at $1,225/oz.
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