Category: Gold and Silver 2013
The analysis published under this category are as follows.Friday, January 04, 2013
U.S. Gold Bullion Reserve, the 14 Carrot Rabbit / Commodities / Gold and Silver 2013
“14 Carrot Rabbit” is an animated cartoon featuring Bugs Bunny and Yosemite Sam.
The story begins with an old man named Louie successfully gold panning on his claim. Chilkoot Sam (Yosemite Sam) of nasty reputation and carrying a gun, scares Louie away and claims his gold.
Chilkoot Sam gets ten bucks for the gold from Pierre at the “Next To Last Chance Saloon.”
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Friday, January 04, 2013
US Mint Gold and Silver Bullion Coin Sales / Commodities / Gold and Silver 2013
Gold and silver come in multiple forms, each with their own unique yet interrelated supply-and-demand profiles. Among the most popular in the US physical market are the bullion coins produced by the US Mint. Investor demand for these beautiful coins has been robust in recent months despite all the unrelated fund selling weighing on gold. US Mint bullion-coin sales offer great insights into physical demand.
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Friday, January 04, 2013
Government Gold Confiscation 2013 / Commodities / Gold and Silver 2013
Readers may not agree with our conclusions on the confiscation of gold, but we emphasis this reality. If we are wrong, then 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, then you will lose your gold and possibly suffer the penalties, which the "Gold Confiscation Order" may bring with it.
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Friday, January 04, 2013
Gold Price Forecast January 2013 / Commodities / Gold and Silver 2013
This week we've seen a decent rally in gold, silver and other precious metals and precious metals mining stocks, sparked off probably by the fiscal cliff deal. We have mentioned such a course of events many times and it turned out to be true. As is the case with any strong rally, there always comes a correction (or at least a consolidation) afterwards. The one that took place on Thursday was indeed of significant size but did not - in most cases - invalidate the rally. There were even cases that did not experience any correction at all, such as platinum that held remarkably well. Gold stopped at 200-day moving average, correcting around 72% of the rally.
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Friday, January 04, 2013
Silver Prices in the Event of a Comex Default / Commodities / Gold and Silver 2013
If and when the Comex silver market implodes, so should the paper market for silver. Nevertheless, can this happen and will it happen?
Also, if a Comex default does occur, what are the likely scenarios and aftermath that will impact silver traders and the price of silver? The following sections explore the increasingly likely possibility of a Comex default in further detail.
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Friday, January 04, 2013
Buying Silver in the Age of Transitory Inflation and Other Political Delusions / Commodities / Gold and Silver 2013
Spokespeople for the U.S. Federal Reserve have been saying that rising food and energy prices are transitory. They have now been pushing that illusion on the market for ten years, and some traders are still waiting for inflation to fall.
Nevertheless, the fact is that these price rises are not transitory, and they are instead permanent, systemic and intentional. Furthermore, prices are going to keep on getting higher and higher by all rational indications.
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Friday, January 04, 2013
Gold Price Is Trapping Bulls In Daily Cycle / Commodities / Gold and Silver 2013
The precious metals are not making it easy for investors here. Some are buying afraid of missing a rally, others wanting to but afraid to commit, while the rest want to see more evidence of a change in trend before trusting again. I’m in the 3rd camp, clearly the trend remains down and until proven otherwise I’m just going to need a little more convincing before getting long again.
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Friday, January 04, 2013
Gold Price Manipulation New Years Sell Off? / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,632.25, EUR 1,254.32 and GBP 1,018.37 per ounce.
Yesterday’s AM fix was USD 1,684.50, EUR 1,285.09 and GBP 1,039.69 per ounce.
Silver is trading at $29.33/oz, €22.64/oz and £18.39/oz. Platinum is trading at $1,545.00/oz, palladium at $680.00/oz and rhodium at $1,150/oz.
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Friday, January 04, 2013
Gold Falls 3.3% in a Day as FOMC Minutes Suggest QE Could End / Commodities / Gold and Silver 2013
WHOLESALE Gold Prices fell below $1630 per ounce Friday morning in London, their lowest level since last August and 3.3% below where they were 24 hours earlier, while stocks and commodities also fell and the Dollar gained after Federal Reserve minutes appeared to suggest some policymakers see a case for ending quantitative easing this year.
At its policy meeting last month, the Federal Open Market Committee voted to buy $45 billion of US Treasury bonds per month to support the economy, adding to the $40 billion a month of agency mortgage backed security purchases announced in September.
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Friday, January 04, 2013
GOLD Price Mini-Crash / Commodities / Gold and Silver 2013
Let’s make one thing clear; nobody I know including myself predicted that Gold would drop from 1690 to 1625 inside of 48 hours this week. That was not in the charts and so I won’t even pretend I was going to see that train coming through the tunnel.
With that said, let’s try to let the dust settle but take a look objectively at some possibilities.
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Thursday, January 03, 2013
Gold, Silver Tick Lower as Fiscal Cliff Deal Euphoria Fades / Commodities / Gold and Silver 2013
WHOLESALE gold bullion prices drifted lower to $1680 an ounce by the end of Thursday morning in London, having rallied to a two-week high yesterday following news of the deal to avert the so-called fiscal cliff in the US.
"Precious metals, including gold, [were] able to profit from the euphoria among market players in the wake of the compromise reached in the US budgetary dispute," says today's commodities note from Commerzbank.
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Thursday, January 03, 2013
Dow Gold and Gold Silver Ratio Charts Remain Bullish / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,684.50, EUR 1,285.09 and GBP 1,039.69 per ounce.
Yesterday’s AM fix was USD 1,681.50, EUR 1,270.11 and GBP 1,031.22 per ounce.
Silver is trading at $30.92/oz, €23.70/oz and £19.20/oz. Platinum is trading at $1,571.00/oz, palladium at $701.00/oz and rhodium at $1,150/oz.
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Thursday, January 03, 2013
The Gold Owner’s Guide to 2013 / Commodities / Gold and Silver 2013
By the time we get to the end of 2013, we will forget much of what shaped 2012. Yet, as we look back at 2012, there are some fundamentally disheartening, if not disturbing trends that are likely to play a determining role in all financial markets for some time to come, including the gold market.
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Wednesday, January 02, 2013
Credibility of the U.S. Bullion Depositary and Gold Pricing / Commodities / Gold and Silver 2013
In the classic 1964 movie Goldfinger, James Bond tries to prevent the main villain, Auric Goldfinger, from detonating a dirty nuclear bomb inside Fort Knox. While in Fort Knox, Bond says:
Read full article... Read full article...Well, if you explode it [the bomb] in Fort Knox, the... the entire gold supply of the United States would be radioactive for... fifty-seven years.
Wednesday, January 02, 2013
Gold Recap 2012 and Outlook for 2013 / Commodities / Gold and Silver 2013
• Introduction – Gold’s Gains In All Fiat Currencies in 2012
• Much of Gold’s Gains in 2012 On 11% Price Gain in January 2012
• Japanese Yen Shows How Gold Protects From FX Devaluations
• Food Inflation Risk As Wheat and Soybeans Surge in Price
• Currency Wars and Competitive Currency Devaluations
• Gold Remains Historically and Academically Proven Safe Haven
• Conclusion – Gold in 2013
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Wednesday, January 02, 2013
Seven Ways to Tell If Your Gold is Counterfeit / Commodities / Gold and Silver 2013
Peter Krauth writes: I had just finished a walking tour of the Royal Canadian Mint when I saw it. Right there, out in the open, was a 400-ounce bar of pure gold.
It was chained to a display table and kept safe by an armed guard. At the time, in 2005, the bar was worth $220,000.
Today, the same bar is worth $667,700. In just seven years, gold prices have jumped by 203%.
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Wednesday, January 02, 2013
Gold and Silver Gain Along with Stocks on Fiscal Cliff Deal / Commodities / Gold and Silver 2013
SPOT MARKET gold prices started the year by touching a two-week high above $1680 per ounce Wednesday morning, as European stock markets also gained following news of a deal in Washington to avoid the so-called fiscal cliff.
Gold in Euros and Sterling by contrast were little changed on the day by late morning in London, recovering losses following a slight dip during Asian trading.
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Monday, December 31, 2012
Gold And Silver Very Under-Rated Opposing Forces Into 2013 / Commodities / Gold and Silver 2013
It is impossible not to read some source, informed or otherwise, touting the “fact” that the price of gold and silver will be [insert whatever amount you wish, here], “in the coming months”, or safer, “in the next year or two,” etc. Yet, the market does not echo those almost universally held sentiments.
Why not?
Because that is exactly what they are, sentiments. When it comes to sentiments or opinions, regardless of how close to source or how well reasoned, the market does not care. One of the better “resolutions” one can make going into 2013 and beyond it to follow the market’s lead, stop trying to lead it, waiting for it to catch up to your trading acumen.
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Saturday, December 29, 2012
Government Reckless Spending and Soaring Debts Should Boost Gold and Silver 2013 / Commodities / Gold and Silver 2013
We are still climbing the wall of worry as wealth in the ground metals becomes increasingly cheaper in a world that is threatened with the ghosts of depressions and deflations past. We observe the doubters who regale us with the view that the miners are underperforming bullion and the general equities. They claim that housing, financials and the dollar has bottomed. We disagree and believe gold (GLD), silver (SLV) and the undervalued gold (GDXJ), silver (SIL), uranium (URA) and rare earth miners (REMX) may be bottoming and a reversal may occur in 2013.
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Thursday, December 27, 2012
Gold 1980 Top is Key Reference Point for Precious Metals Investors / Commodities / Gold and Silver 2013
This essay is inspired by a question we received from one of our subscribers. On December 2012, we published an essay on gold and the dollar collapse in which we pointed out why you might profit from gold even if the U.S. dollar doesn't deteriorate completely. Today, we will elaborate on why we actually use the 1980 top in comparisons.
The fact that nobody really knows with absolute certainty where gold will really go from today onward makes people try to make their own guesses about what can happen with the yellow metal. One of the methods to do that is to look back into past situations and try to estimate if what is happening now is somehow similar to those past events.
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