Category: Gold and Silver 2013
The analysis published under this category are as follows.
Friday, January 11, 2013
Gold and Silver Bullion and Stocks Forecast 2013 / Commodities / Gold and Silver 2013
By: Jordan_Roy_Byrne
Gold and Silver Bullion and Stocks Forecast 2013
This analysis is excerpted from part of yesterday's subscriber update in which we presented our outlook for Gold, Silver and GDX/HUI. When making forecasts and writing outlooks, analysts must look at a multitude of things. We usually begin by examining the macro landscape via inter market analysis. How are the various markets trending? Which are lagging? Where are the divergences? As we begin 2013, there has been an important shift in regards to precious metals that few analysts have picked up on. The rest of our analysis filters down from this discovery.
Friday, January 11, 2013
Why Gold’s Worth Buying on Dips / Commodities / Gold and Silver 2013
By: InvestmentContrarian
George Leong writes: Gold is currently in a holding pattern at below $1,700 an ounce, but one thing is for sure: in spite of what some pundits are saying, it’s not time to sell yet. In an interview on CNBC, Marc Faber, also known as “Dr. Doom,” suggested that gold could correct 10% or more to as low as $1,550 or $1,600. (Source: “‘Dr. Doom’ Faber Sees Possible 10% Gold Correction,” Yahoo! Finance via CNBC, January 8, 2012.) While I’m not as negative, I do believe gold could retest support between $1,600 and $1,625 in the near term. Failure to hold could see a sub-$1,600 price.
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Thursday, January 10, 2013
Will Gold Euro Rollercoaster Continue? / Commodities / Gold and Silver 2013
By: GoldSilverWorlds
Forex Traders writes: At some point in every tutorial on investing, the relationship between Gold and the U.S. Dollar is referred to as an inverse correlation, meaning that as the value of the Dollar goes down, then an investor would expect the value of Gold to go in the opposite direction. As with any “rule”, there are always exceptions, but if the Fed expands the money supply, it is a safe bet that Gold might appreciate, since it is priced in Dollars on the global market. If you dilute the Dollar’s value, Gold must go up to compensate.
Wednesday, January 09, 2013
Gold Price Forecast 2013, Buying Opportunity?, is Silver Cheaper? / News_Letter / Gold and Silver 2013
By: NewsLetter
The Market Oracle NewsletterDecember 24th , 2012 Issue #26 Vol. 6
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Wednesday, January 09, 2013
Is There Really a Danger of Gold Being Confiscated? / Commodities / Gold and Silver 2013
By: Julian_DW_Phillips
Readers may not agree with our conclusions on the confiscation of gold, but we emphasis this reality. If we are wrong you will still own your gold. If we are right and you have not taken the right steps to guard against confiscation and the personal dangers to you individually, you will lose your gold if not suffer the penalties the "Gold Confiscation Order" brings with it.
Wednesday, January 09, 2013
US Monetary Policy "Gives No Reason to Change Bullish View on Gold" / Commodities / Gold and Silver 2013
By: Ben_Traynor
THE SPOT gold price hovered above $1660 per ounce Wednesday morning in London, slightly up on the week so far, before dropping through that level ahead of US trading.
"[Gold] continues to consolidate last week's down move from $1694 to $1627," says the latest technical analysis from bullion bank Scotiabank.
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Wednesday, January 09, 2013
Hedge Fund Disasters Are Hurting Gold / Commodities / Gold and Silver 2013
By: Michael_Swanson
The price of gold has been kept down by hedge fund redemptions. These redemptions will end in a week and after that a nasty hand that has been holding the price of gold down will be lifted. As we begin this new year news is starting to trickle out demonstrating that hedge funds as a whole have had a horrid performance last year.
Wednesday, January 09, 2013
Pension Money Invested In Gold Bullion Is 'Peanuts' ... At The Moment / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,663.50, EUR 1,272.37 and GBP 1,035.35 per ounce.
Yesterday’s AM fix was USD 1,653.75, EUR 1,261.06 and GBP 1,028.07 per ounce.
Silver is trading at $30.40/oz, €23.39/oz and £19.04/oz. Platinum is trading at $1,591.50/oz, palladium at $679.00/oz and rhodium at $1,150/oz.
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Tuesday, January 08, 2013
Dealers Report "Very Strong" Gold Demand from China, Indian Interest "Significant" / Commodities / Gold and Silver 2013
By: Ben_Traynor
WHOLESALE gold bullion prices ended Tuesday morning in London at $1655 per ounce, regaining ground lost yesterday to climb back to where it started the week, with dealers reporting signs of strong demand from India and China, the world's two biggest gold buying nations.
Silver climbed to $30.40 an ounce, slightly up on the week so far, while stocks and commodities also edged higher and US Treasuries fell.
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Tuesday, January 08, 2013
China's Gold Volume “Shot Through The Roof” Yesterday Ahead Of Lunar New Year / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,653.75, EUR 1,261.06 and GBP 1,028.07 per ounce.
Yesterday’s AM fix was USD 1,653.75, EUR 1,267.82 and GBP 1,029.60 per ounce.
Silver is trading at $30.38/oz, €23.25/oz and £18.95/oz. Platinum is trading at $1,569.50/oz, palladium at $672.00/oz and rhodium at $1,150/oz.
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Monday, January 07, 2013
Gold Bugs Ready to Accept Apologies From Paper Asset Buying Gurus / Commodities / Gold and Silver 2013
By: Ned_W_Schmidt
All us crazy Gold bugs are ready to accept the apology of gurus and strategists that have filled the airways and internet with the unrelenting drivel on buying paper equities over the past two decades. We just have not heard it yet. We may have to wait longer, though the evidence suggests it should come soon. Twenty years should be sufficient time for them to recognize the error of their ways.
Monday, January 07, 2013
Shanghai Gold Trading Jumps as US Gold Derivatives Shrink to 3-Year Low / Commodities / Gold and Silver 2013
By: Adrian_Ash
SPOT GOLD PRICES traded in a $10 range Monday morning, rising above last week's finish at $1656 per ounce as European stock markets cut earlier losses.
Silver prices also whipped in a tight range, holding at $30.25 per ounce by lunchtime in London.
Major currencies and government bonds were also little changed, as were broader commodity prices.
Monday, January 07, 2013
Gold Rush Bubble? US Gold Coin Sales Fall 25% In 2012 / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,653.75, EUR 1,029.60 and GBP 1,267.82 per ounce. Friday’s AM fix was USD 1,632.25, EUR 1,254.32 and GBP 1,018.37 per ounce. Silver is trading at $30.21/oz, €23.29/oz and £18.89/oz. Platinum is trading at $1,565.50/oz, palladium at $682.00/oz and rhodium at $1,150/oz.
Monday, January 07, 2013
The Economics of Gold and Silver in 2013 / Commodities / Gold and Silver 2013
By: Alasdair_Macleod
The New Year should see some major changes in how gold and silver are regarded in the West, if it becomes obvious that confidence in government-issued money as a medium of exchange might be misplaced. This concern is for the moment essentially limited to economists of the Austrian School.
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Monday, January 07, 2013
Gold And Silver – Who [What] Do You Trust? You Have A Choice / Commodities / Gold and Silver 2013
By: Michael_Noonan
If you collect the money, you disperse the people;
If you disperse the money, you collect the people.
-Chinese Proverb
Nobody understood that better than the moneychangers, today known as central banks. It is the Rothschild creed that has worked for centuries. Remember the “other” Golden Rule: “He that owns the Gold, Rules.”
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Sunday, January 06, 2013
Gold Panicky Response to Fed Sets Up Bullish Potential / Commodities / Gold and Silver 2013
By: Clive_Maund
Just who does the Fed think it is kidding, making noises about choking off QE and Treasury purchases? Any serious attempt to do this at the eleventh hour would crash both the bond and stockmarkets and send interest rates skyrocketing, and they know it - it would be like the Captain of the Titanic grabbing a bullhorn and announcing "You see that Iceberg over there? - we're going to head straight at it" - actually he might as well have, for all the difference it made. So it almost looks like they were engaging in a bit of "tree shaking" for their crony pals, especially with respect to the resource sector. In any case, when it comes to QE they have got some serious competition this year with Japan entering the fray as the new big QE kid on the block, so it hardly looks like they are going to bow out of the QE game at this stage. There is something tragi-comic about the way most investors hang on to the Fed's every word, as if they were gods instead of what they really are which is an elite racket who have painted themselves into a corner after years of malfeasance.
Sunday, January 06, 2013
Silver Steep Price Drop Creates Bull Hammer Pattern / Commodities / Gold and Silver 2013
By: Clive_Maund
After the Fed induced scare on Thursday, silver at first dropped again steeply on Friday before staging a dramatic turnaround to close little changed on the day, leaving behind a large bull hammer on its chart that is a sign of a probable final low for the correction.
We can see this action in detail on silver's 6-month chart, and how Friday's positive close meant that the support of the lower trendline held. It looks like the classic 3-wave A-B-C correction in force from early October has now run its course, and it is interesting to observe that the A and C waves were of almost equal magnitude, which is often the case with these 3-wave corrections.
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Sunday, January 06, 2013
2013 - The Year of the Gold Bull? / Commodities / Gold and Silver 2013
By: Adam_Brochert
2012 wasn't a fun year for most Gold bulls. Seeing the S&P 500 outperform Gold and seeing Gold stocks get decimated through the 1st half of the year was enough to create suicidal sentiment that is now only marginally improved after another prolonged correction in the precious metals (PM) sector to end the year. But as the many calls for an end of the PM bull market by several of the same people who have been wrong / missed out the whole way up get louder, the risk in the PM sector gets lower and lower.
Saturday, January 05, 2013
Gold and Silver Hit by the Usual Jobs Report Shenanigans / Commodities / Gold and Silver 2013
By: Jesse
The metals were hit Thursday and yesterday after a weak jobs report and an uptick in unemployment made a bit of a canard out of the Fed minutes suggesting that they will be able to cease their monetary easing and bond buying anytime soon.
They may shift to some other mechanism, but they will continue to expand the money supply.
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Saturday, January 05, 2013
Major Gold Move You're Not Hearing About / Commodities / Gold and Silver 2013
By: DailyWealth
Brian Hunt writes: You didn't hear about it in the mainstream press, but gold just "broke out" to an important all-time high...
Longtime readers know that since we started publishing DailyWealth in 2005, we've been outspoken bulls on gold. (We were gold owners and gold bulls years before that.) Since then, we've published hundreds of essays on the right ways to own it. We even published a book on the stuff.