Category: Gold and Silver 2013
The analysis published under this category are as follows.
Tuesday, November 05, 2013
Gold Price Cycle Low / Commodities / Gold and Silver 2013
By: Ed_Carlson
In my September Commentaries I explained my expectation for no final low in gold prior 10/28/13. Based on “intervals of equidistance” (similar to cycles) I was confident that late October would see a turning point in gold and simply extrapolated the fact that because previous convergences of the two intervals (40 and 60-day) had always pointed to lows, 10/28/13 would see a low as well. It didn’t… but it did mark a turning point in gold.
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Tuesday, November 05, 2013
Gold Price at a Crossroads / Commodities / Gold and Silver 2013
By: Toby_Connor
At the moment gold is at a critical crossroads. If it can move above $1375 it will confirm that an intermediate degree bottom occurred last month at $1251, and start a pattern of higher highs. If however gold continues lower and breaks below the $1251 level it will confirm that an intermediate degree decline is still in progress and the recent bounce was nothing more than another bull trap to work off the short-term oversold levels.
Tuesday, November 05, 2013
Gold Price Lacks Direction as Private Investors Buy, Whilst Indian Consumers Switch to Silver / Commodities / Gold and Silver 2013
By: Adrian_Ash
LONDON wholesale gold was unchanged Tuesday lunchtime from yesterday or from last week's finish at $1317 per ounce, as European shares again defied a drop in Asian stock markets to tick higher.
Major government bond prices edged back, and commodities rallied from multi-month lows.
Tuesday, November 05, 2013
Why Silver Prices Could Easily Double from Here / Commodities / Gold and Silver 2013
By: Profit_Confidential
Michael Lombardi writes: In the first 10 months of this year, the U.S. Mint sold 39.2 million ounces of silver in coins. In the same period last year, the Mint only sold 28.94 million ounces of silver in coins. A general negativity by investors surrounding silver this year has not stopped people from buying silver coins. In fact, demand is up 35% so far in 2013. (Source: U.S. Mint web site, last accessed November 1, 2013.)
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Tuesday, November 05, 2013
Gold vs. Wall Street Program Traders / Commodities / Gold and Silver 2013
By: Clif_Droke
Gold ran into trouble last week after an encounter with its important 150-day (30-week) moving average. The 150-day MA, which is an important psychological resistance barrier that is programmed into many Wall Street trading algorithms, was touched by gold a few days ago and was unable to overcome it. I've long maintained that the 150-day moving average is a psychologically significant benchmark for the gold ETF, both as a line of support and resistance. GLD's performance in recent days has confirmed this observation.
Monday, November 04, 2013
"Token Demand" for New Hindu Year Leaves Gold Waiting on US Data / Commodities / Gold and Silver 2013
By: Adrian_Ash
WHOLESALE trade in London left the price of gold sitting at last week's finish of $1317 per ounce Monday morning, as European shares rose with government bond prices but commodities slipped.
Silver also held flat, trading near $21.90 per ounce – more than 5% below last Wednesday's 5-week high.
The Euro ticked higher from a 6-week low to the Dollar.
Sunday, November 03, 2013
Disappearing Deliverable Comex Gold Bullion / Commodities / Gold and Silver 2013
By: Jesse
There was a change in status of 48,652 ounces of gold bullion in the JPM warehouse which were withdrawn from the registered to the eligible category. Apparently someone had a change of heart.
Big change of heart. About one and half tonnes worth.
The claims per ounce of deliverable gold stand at 55. As I have explained before, this is a metric, a way of measuring inventory against potential ownership.
Saturday, November 02, 2013
Gold And Silver Price – Fundamentals Do Not Matter / Commodities / Gold and Silver 2013
By: Michael_Noonan
If fundamentals mattered, gold and silver prices would be substantially higher. They
are not, and for a reason. It is not hard to define what factors are influencing price, for
they are political, even criminal under normal circumstances. These factors are, in two
words: central bankers. The money changers still have a stranglehold on the financial
system, and nowhere it is more evident than in the price of gold.
Will it end? Yes, but as has been the biggest mystery, no one knows when?! While the golden grip continues, it is inexorably loosening. The United States, and by extension, the United Kingdom, is fast becoming more and more isolated. First, it was the natural opposition, Russia, China, morphing into the BRICS. Unable to sustain their no longer warranted arrogance, the Western alliances are now falling apart. Note the cover from Die Zeit, symbolic of the growing attitude of the rest of the world toward the US:
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Friday, November 01, 2013
Global Gold Mining Trends / Commodities / Gold and Silver 2013
By: Zeal_LLC
In 2012 more gold was extracted from the Earth than ever before in history. And even with 2013’s anomalous gold panic devastating the mining industry, production is expected to rise for the fifth year in a row. The latest exploration cycle is no doubt bearing its fruit. And it’s fascinating to see the geographical trends of this harvest.
Gold’s 2000s bull market has prompted the miners to scour the world over in search the Ancient Metal of Kings. And over the course of this bull, they’ve indeed reached far and wide to find their glory. Now rather than only a small handful of countries responsible for the lion’s share of production, mine supply is truly a global affair.
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Friday, November 01, 2013
Gold and Silver Futures Beyond the Madness / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
World silver spot prices are determined by a once sacred, but now inept, process. While the evolution of futures contract for the modern age helped facilitate the industrial revolution, it has now been completely usurped and abused. This is especially the case in gold and silver, even to the point where confidence in this market threatens to turn the world financial system upside down. Read full article... Read full article...
Friday, November 01, 2013
Gold, Silver and the Lost Generation / Politics / Gold and Silver 2013
By: Dr_Jeff_Lewis
“There are a thousand hacking at the branches of evil, to one who is striking at the roots." - Henry David Thoreau, 1846
Institutional trust and confidence continues to unravel as less and less participation, combined with isolation, threatens the middle class. As in all major crises throughout Anglo American history, the weight will be carried on the shoulders of the pragmatic caught in the middle.
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Friday, November 01, 2013
Gold Markets Are Not Efficient, Don't Reflect Fundamentals and Understate Gold's Market Value / Commodities / Gold and Silver 2013
By: Julian_DW_Phillips
In this part and the next we will look at the prospects for the gold price for the rest of this year and beyond. These next parts are the critical parts. What we will try to do is to synthesize the factors playing on the gold market today and have done in 2013.
Thursday, October 31, 2013
Gold Price Medium-Term Outlook / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
In our previous essay we took a closer look at the situation in silver and mining stocks (precisely: SLV and GDX ETFs) and discussed how it may translate into the precious metals market. As we wrote in the summary:
(...) when we factor in the impact of (...) silver's cyclical turning point, which is just around the corner, and the fact that the short-term resistance lines have already been reached in case of the GDX ETF, we can presume that the top of the recent upward move in the precious metals may be already in (or is very close to being in).
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Wednesday, October 30, 2013
QE + Desperation = Higher Gold Prices / Commodities / Gold and Silver 2013
By: DeviantInvestor
The Setup
A century ago bankers created the plan for a U.S. central bank, bought enough votes to get it passed into law, encouraged deficit spending, government debt, and extracting the interest payments from taxpayers. The process has worked well for the bankers.
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Wednesday, October 30, 2013
Weak US Data See Gold and Silver Rise on "Ugly Truth" of Fed Policy / Commodities / Gold and Silver 2013
By: Adrian_Ash
BOTH gold and silver rose Wednesday lunchtime in London, as the day's widely-expected "no change" decision from the US Federal Reserve was preceded by weak US data.
The private-sector ADP Payrolls report said the US economy added only 130,000 jobs last month, rather than the 150,000 analysts forecast.
Tuesday, October 29, 2013
Gold Hits Shanghai Discount to London on "Money Market" Fall-Out / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of London settled gold bounced to $1348 per ounce Tuesday morning, halving an earlier 0.9% drop after China's most active gold contract closed below that world benchmark for the first time in 2013.
Overnight trade was "very dull" according to one dealing desk.
Dollar gold then dropped $12 per ounce in 10 minutes, hitting a low of $1341 – some 1.5% beneath Monday's new 5-week high.
Monday, October 28, 2013
Gold and Silver Precious Metals Complex Caught in a Trap, Bull or Bear? / Commodities / Gold and Silver 2013
By: Rambus_Chartology
Many times, just before a big move is to occur, you will get a false breakout that can whipsaw you before you know what hit you. It gets everyone moving one way and then out of know where the price reverses direction leaving everyone shaking their heads and afraid to make a move. As you were just whipsawed your thinking is, I'm going to wait until I see a better setup. Does this sound familiar to you. The problem is the real trend is just starting and you are sitting on the sidelines waiting for a new entry point that gets higher and higher. Whipsaws are just part of the game we play and can be painful if not understood. One year ago we got a good whipsaw on the HUI when it broke back above the smaller H&S top, neckline #1, that looked like a real move to the upside when it happened. I got sucked into that one just like everyone else at the time because there was a nice double bottom that had formed that created the right side of the much bigger H&S top, neckline #2.
Sunday, October 27, 2013
Screen-traded Fiat Gold Could Get Very Violent Wake-up Call / Commodities / Gold and Silver 2013
By: Michael_J_Kosares
“This could turn into a very violent wake-up call for [screen-traded gold]. People talk about ‘fiat currencies’, but we also have ‘fiat gold.’ Volatility is too cheap right now.” — Gold refiner quoted by John Dizard in his Financial Times column this weekend
Saturday, October 26, 2013
Gold And Silver From A Buddhist Perspective / Commodities / Gold and Silver 2013
By: Michael_Noonan
“If you want to know your past, look into your present conditions. If you want to know
your future, look into your present actions.” ~Buddhist Saying.
The cliché for that is, “you cannot know where you are going until you know where you have been.” One of the most direct applications of this wisdom of the ages is found in charts.
Left to the realities of supply/demand factors, gold and silver would be considerably higher, already. We can think of no other commodity situation with unprecedented demand and shrinking supply that has done anything else than drive price much higher. The fiat cartel will not allow reality to supplant their massive wealth-transfer Ponzi scheme, as it enters the final stages like a cancer consuming everything until inevitable death results from this banker faux-Kabuki theater.
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Friday, October 25, 2013
Gold Best Week in 11 for on US Short-Covering / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of wholesale gold slipped but held near 1-month highs Friday morning in London, heading for the strongest week-on-week gain since mid-August at $1343 per ounce.
Rising 1.7% from last Friday's finish, gold prices lagged silver – up 2.3% for the week – as European stock markets held flat and Asian stock markets fell hard.