Category: Gold and Silver 2013
The analysis published under this category are as follows.Thursday, January 17, 2013
German Gold Panic, What Do German Central Bankers Know That We Don’t? / Commodities / Gold and Silver 2013
Ben Bernanke and the rest of the US Federal Reserve bet the farm that they could engage in countless monetary interventions, keep interest rates at zero, and print over $2 trillion in new money without damaging the US’s credibility.
They were wrong. Indeed, Germany just fired a major warning shot to the US Federal Reserve.
On Monday, Germany announced that it will be moving a significant portion of its Gold reserves out of storage with the New York Fed and moving them back to Germany.
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Thursday, January 17, 2013
Germany Is Bringing It's Gold Back Home, You Should Too! / Commodities / Gold and Silver 2013
Dr. Steve Sjuggerud writes: Germany wants its gold back...
The European nation wants to bring home 300 tons of gold currently held at the U.S. Federal Reserve and all 374 tons held at the Banque de France.
Why does Germany want all of its gold OUT of France? Legendary investor Bill Gross has a thought about that... On Twitter, he asked, could it be that "central banks don't trust each other"?
Thursday, January 17, 2013
German Gold Story Distracts from Supply & Demand Data, $1900 Forecast by July / Commodities / Gold and Silver 2013
DOLLAR gold prices were little changed in London on Thursday morning, holding above $1682 per ounce as world stock markets, commodities and bonds were little changed.
Silver also held in its tight 2-day range, trading just shy of $31.50 per ounce.
Priced in Euros, the gold price edged 0.5% lower as the single currency rose.
Thursday, January 17, 2013
Germany's Gold Repatriation Unlikely To Assuage Public Concerns / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,683.25, EUR 1,260.11, and GBP 1,050.85 per ounce.
Yesterday’s AM fix was USD 1,679.75, EUR 1,262.78 and GBP 1,047.55 per ounce.
Silver is trading at $31.53/oz, €23.68/oz and £19.75/oz. Platinum is trading at $1,687.50/oz, palladium at $725.00/oz and rhodium at $1,125/oz.
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Wednesday, January 16, 2013
Bundesbank Repatriates Gold From Federal Reserve and France Ahead of Systemic Crisis / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,679.75, EUR 1,262.78 and GBP 1,047.55 per ounce.
Yesterday’s AM fix was USD 1,681.00, EUR 1,257.67 and GBP 1,045.92 per ounce.
Silver is trading at $31.17/oz, €23.59/oz and £19.78/oz.
Platinum is trading at $1,671.50/oz, palladium at $706.00/oz and rhodium at $1,125/oz.
Wednesday, January 16, 2013
Gold Cycle "Could Turn This Year" Says Goldman Sachs / Commodities / Gold and Silver 2013
THE DOLLAR gold price eased back below $1680 an ounce Wednesday morning, though it remained well within its trading range for the past month, while stock markets extended their losses for this week and US Treasuries gained.
Silver hovered around $31.30 an ounce for most of this morning, also in line with its recent trading range, while other commodities were similarly flat.
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Tuesday, January 15, 2013
What Will Gold Do in 2013 / Commodities / Gold and Silver 2013
As we turn the calendar over, there are probably two dominant questions on the minds of most precious-metals investors: Will gold and silver have a better year than the last two? And will gold stocks finally break out of their funk?
2012 was an interesting year for our favorite metal. On one hand, gold was up only single-digit percentages for the second consecutive year: 8.3%, after rising just 9.1% in 2011. It was also outperformed by the S&P 500 Index, though this was the first time since 2004 and only the third since 1999. On the other hand, the price has now risen 12 consecutive years, overshadowing most other bull markets in modern history.
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Tuesday, January 15, 2013
Bundesbank Looking to Take Gold Back to Germany / Commodities / Gold and Silver 2013
SPOT MARKET prices for gold bullion rose to a two-week high above $1680 an ounce Tuesday morning in London, before dipping back to just below that level before lunchtime, while stocks and commodities were slightly down on the day and the US Dollar ticked higher, with US policymakers continuing to disagree on fiscal matters.
"Gold is still expected to stay above the $1625 January low," says Commerzbank senior technical analyst Axel Rudolph, "but looks to be short-term range bound."
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Tuesday, January 15, 2013
Japanese Yen Falls To Lowest Price Against Gold Since 1980 / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,681.00, EUR 1,257.67 and GBP 1,045.92 per ounce.
Yesterday’s AM fix was USD 1,667.75, EUR 1,246.82 and GBP 1,034.39 per ounce.
Silver is trading at $31.14/oz, €23.48/oz and £19.49/oz. Platinum is trading at $1,690.50/oz, palladium at $704.00/oz and rhodium at $1,125/oz.
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Tuesday, January 15, 2013
Gold Investor Sentiment Plunged to 12 Month Low / Commodities / Gold and Silver 2013
Financial Tap writes: More of the same unresolved and non-committal action out of the precious metals markets this past week. Once again gold has reached a junction which should provide us with a road-map for where gold is headed in the immediate future. One fork at this junction, the bullish fork, we’re looking at this as just Day 7 of a brand new Investor Cycle. If this were the path gold has taken, then gold must break $1,696 next week. But taking the bearish fork has us still in a 5th Daily Cycle, with multiple possibilities with regards to the actual Daily Cycle count (Day 7, 18, and 25 possible).
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Monday, January 14, 2013
Why Gold and Silver Correlations Should Be Constantly Monitored / Commodities / Gold and Silver 2013
Correlation is a useful measure - it helps us make predictions about a variety of events. But it's also a bit tricky - while there are relationships that seem stable (such as the fact that rich people tend to spend more on luxury goods than the less wealthy), there are some that do experience some volatility. These require special caution, as relying blindly on what was seen in the past without checking whether it is still true can lead to disaster.
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Monday, January 14, 2013
Does Bank Of England Hold Euro 235 Million Of Irish Gold Reserves? / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,667.75, EUR 1,246.82 and GBP 1,034.39 per ounce.
Friday’s AM fix was USD 1,669.50, EUR 1,258.29 and GBP 1,036.25 per ounce.
Silver is trading at $30.88/oz, €23.24/oz and £19.31/oz. Platinum is trading at $1,665.00/oz, palladium at $705.00/oz and rhodium at $1,150/oz.
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Monday, January 14, 2013
Gold Still Stuck in a Trading Range / Commodities / Gold and Silver 2013
WHOLESALE gold bullion prices hovered just below $1670 an ounce Monday morning in London, having regained some ground after Friday's losses, while stocks and commodities also ended the morning up on the day, while the Euro and the Chinese Yuan made gains against the Dollar.
"We saw a fair amount of buying from China [this morning] after gold prices fell last Friday," says Peter Tse, Hong Kong-based director at bullion bank Scotia Mocatta.
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Saturday, January 12, 2013
Profit From Power Elite's Key Sector Price Inflation With Gold / Commodities / Gold and Silver 2013
“The future price tag of printing six trillion dollars’ worth of checks comes in the form of inflation and devaluation of currencies either relative to each other, or to commodities in less limitless supply such as oil or gold.
Zero-bound interest rates, QE maneuvering, and ‘essentially costless’ check writing destroy business models and stunt investment decisions which offer increasingly lower ROIs and ROEs.”
Bill Gross, Founder & Co-CIO, PIMCO, 1/3/2013
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Friday, January 11, 2013
Monetary Inflation and the Real Silver Price Highs / Commodities / Gold and Silver 2013
Silver bearishness has naturally mushroomed following this metal’s rough December. A growing chorus is declaring silver’s secular bull finished, implying it must have peaked after silver’s dazzling April 2011 surge. But secular bulls climax in popular speculative manias, which dwarf the silver action of a couple springs ago. Looking at silver in real inflation-adjusted terms drives home the point its bull is far from over.
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Friday, January 11, 2013
The Great Gold and Silver Bull Cycle and the Money Supply / Commodities / Gold and Silver 2013
Inflationary cycles tend to result in notable bullish moves in the prices of precious metals like silver, and such times have always created powerful political factions.
Furthermore, massive credit expansion and an extreme use of money printing presses provide incredible wealth-accumulating opportunities for sectors of the economy.
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Friday, January 11, 2013
Silver Investing in the Age of Sentiment and Fiat Currencies / delete / Gold and Silver 2013
Some silver investors must be wondering why hang on to their metal at this point? Perhaps the most compelling answer is inflation, since an increase in the money stock will eventually lead to higher prices.
Central banks around the world must keep printing or electronically generating money to meet the hundreds of trillions of dollars in unfunded liabilities, promises and obligations. Another factor to consider is the out of control deficit spending that trumps any revenue collected from taxes.
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Friday, January 11, 2013
What do Silver to Gold and Platinum to Gold Ratios Tell Us? / Commodities / Gold and Silver 2013
We at Sunshine Profits are deeply convinced that the bullish fundamentals for the precious metals market are still in place, and are not easily put off by recent corrections. But how to tell which asset will outperform the others when the market finally starts to rally strongly? You might have noticed that we quite often use various ratios on our charts - such a technique is called Relative Strength Analysis and helps an analyst tell which of the two assets (or group of assets) is likely to do better in the future. This may be done to compare two particular assets (such as silver:gold ratio) or two groups of assets (such as the general stock market and precious metals stocks - SPX:GDX ratio).
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Friday, January 11, 2013
Campaign Against Gold Has Failed Says Central Bank Think-Tank / Commodities / Gold and Silver 2013
WHOLESALE gold bullion prices dipped back below $1670 an ounce Friday morning in London, 0.9% up on where it started the week, after jumping 1% yesterday following the European Central Bank's decision to leave interest rates on hold, which was also followed by gains for the Euro.
Silver meantime drifted back below $30.70 an ounce this morning, while stock markets were little changed and commodities edged lower along with US Treasury bond prices.
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Friday, January 11, 2013
PIMCO's Bill Gross - Trillion Dollar Platinum Coin Is Not The Solution / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,669.50, EUR 1,258.29 and GBP 1,036.25 per ounce.
Yesterday’s AM fix was USD 1,663.00, EUR 1,269.37 and GBP 1,036.65 per ounce.
Silver is trading at $30.68/oz, €23.24/oz and £19.12/oz. Platinum is trading at $1,629.00/oz, palladium at $694.00/oz and rhodium at $1,150/oz.
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