Category: Gold and Silver 2013
The analysis published under this category are as follows.Friday, September 27, 2013
The Evolution of the Gold and Silver IRA / Commodities / Gold and Silver 2013
Precious metals currently look like a no brainer investment in a world of market volatility, rehypothecation, massive bail ins and outs, and a growing number of templates for taking people’s retirement assets away.
Many are familiar with the option of keeping precious metals in an IRA. Those who understandably refuse to take the penalty for cashing out in order to take full personal possession have the next best option and a way to get control of their metal.
Read full article... Read full article...
Friday, September 27, 2013
Balance Sheet Liquefaction and the Race for Gold and Silver / Commodities / Gold and Silver 2013
The Fed seems to be stuck because of housing market weakness and its associated mortgage backed securities. The repo market appears to be where the stress is most threatening, though hidden from view. These trillion dollar daily transactions are the lifeblood of world financial markets.
Read full article... Read full article...
Friday, September 27, 2013
Gold Seeds Of Change Growing / Commodities / Gold and Silver 2013
It's been a crazy month. So much drama and so much uncertainty ... it all left investors somewhat shell shocked.
Shake, Rattle & Roll
With the Fed stating that it'll wait before cutting back on its quantitative easing (QE), it again rattled investors, raising many questions...
Read full article... Read full article...
Friday, September 27, 2013
Gold, Silver, Platinum and Palladium Investing Opportunities Roundtable / Commodities / Gold and Silver 2013
What happens when you bring together four of the top minds in the precious metals investing space to share insights from the front lines of gold, silver platinum and palladium investing? These excerpts from a Sprott Resources Roundtable featuring Gloom, Boom and Doom Report Publisher Marc Faber, Sprott Asset Management Chief Investment Strategist John Embry, Sprott Global Resource Investments Founder Rick Rule and Sprott Asset Management Founder Eric Sprott prove that great minds think big.
Read full article... Read full article...
Thursday, September 26, 2013
Gold and Silver Driven by US Debt Limit as 3-Week Countdown Begins / Commodities / Gold and Silver 2013
The WHOLESALE price of gold and other precious metals touched 4-session highs Thursday morning in London, after US Treasury secretary Jack Lew warned yesterday that the government will run out of money in just 3 weeks' time if Congress doesn't approve new debt.
World stock markets ticked lower with major government bonds as the US Dollar rose on the FX market.
Wednesday, September 25, 2013
Gold Volumes "Quiet" on Options Expiry as Hong Kong Prepares for Golden Week / Commodities / Gold and Silver 2013
WHOLESALE gold held unchanged in London on Wednesday, moving around last week's finish of $1325 per ounce as world stock markets and the US Dollar also reversed yesterday's small moves.
Silver traded in a 15-cent range either side of $21.70 per ounce.
Major government bonds were flat. Crude oil and industrial commodities ticked higher.
Wednesday, September 25, 2013
How One Man Took China’s Gold / Commodities / Gold and Silver 2013
Jan Skoyles writes: The story of China and their obsession with gold has been revived this year as monthly data shows the phenomenal volumes imported through Hong Kong and being traded on the Shanghai Gold Exchange.
However, given how much we gold commentators report on China’s inherent love for gold, it’s surprising that very few realise that less than one-hundred years ago the country lost thousands of years’ worth of reserves.
Read full article... Read full article...
Wednesday, September 25, 2013
Fives Tonnes of Customer Gold Leave the HSBC Vault / Commodities / Gold and Silver 2013
On Monday 173,582 ounces, or roughly five tonnes, of customer gold was withdrawn the HSBC warehouse.
This takes the total gold in all of the COMEX warehouses to a new low of 6,860,160 ounces in 100 oz. bars.
The portion of this that is deliverable or 'dealer gold' remains at 672,000 ounces.
Tuesday, September 24, 2013
Fifty Shades of Gold / Commodities / Gold and Silver 2013
Goldman Sachs created a stir recently when it forecasted that gold would fall to $1,000 an ounce by the end of 2014, as the firm expected the Federal Reserve to reduce its bond buying program. Goldman also suggested that gold miners might want to hedge their output, locking in 2013 prices.
Read full article... Read full article...
Tuesday, September 24, 2013
Chinese Housewives vs. Goldman Sachs Gold Price Forecast Drop to $1050 / Commodities / Gold and Silver 2013
Goldman Sachs is once again predicting that gold will fall, setting a new near-term target of $1,050.
Never mind the schizophrenic gene that would be required to follow the constantly fluctuating predictions of all these big banks; it's amazing to me that anyone continues to listen to them after their abysmal record and long-standing anti-gold stance.
Read full article... Read full article...
Tuesday, September 24, 2013
China "Overtakes India" as Gold #1 as Bargain-Buying "Supports Prices" / Commodities / Gold and Silver 2013
The PRICE of wholesale gold retreated to yesterday's low at $1315 per ounce in London trade Tuesday morning, drifting down as world stock markets and commodity prices also slipped.
The US Dollar extended its rally on the FX market, nudging the Euro back towards 1-week lows beneath $1.3450.
Monday, September 23, 2013
Gold and Silver "Back to Status Quo" After Fed Surprise / Commodities / Gold and Silver 2013
BOTH the price of gold and silver recovered early losses Monday morning in London, regaining a 1% and 2% drop respectively as world stock markets slipped with commodities.
German Bunds held flat, but the Euro currency dropped half-a-cent to a 3-session low after Angela Merkel was returned as German chancellor in national elections.
Read full article... Read full article...
Monday, September 23, 2013
The Relationship Between Financial Assets, Time And Gold / Commodities / Gold and Silver 2013
Claudio Grass writes: On a daily basis financial assets and commodities are measurable with the same yardstick which is say US dollars. This measurability in dollars in both cases is misleading and obscures the fact that they are indeed totally different. Their relationship to time is what sets them apart. The idea of duration and the difference between a present good and a financial asset are the most important concepts to understand for people wondering what Gold allocations are all about.
Read full article... Read full article...
Sunday, September 22, 2013
Triple Witching Hit on Gold GLD and Silver SLV, COMEX Next Week / Commodities / Gold and Silver 2013
All those happy momentum buyers of paper gold and silver, GLD and SLV, got a stiff gut check today, especially if they were playing the miners and ETFs with options, because gold and silver took a determined bear raid selloff in honor of the September triple witching expiration today. It happens four times per year.
The front month in SP 500 and NDX stock futures is now December. Can you believe it? Where has the summer gone?
Sunday, September 22, 2013
Silver Not Ready For Prime Time / Commodities / Gold and Silver 2013
There are two distinct advantages derived from reading charts. They are all based on factual information, in the form of executed trades, and they are a short-cut for reading about all the exogenous factors, [mostly fundamental], that impact the market.
Everyone familiar with or interested in silver knows about the dwindling supplies, the manipulation of the COMEX/LBMA paper markets, the M F Global disappearing act of accounts that stood ready to take delivery of [unavailable] silver, the inability to make good on deliveries, etc, etc, etc. All facts sufficient to drive silver to above all-time highs, yet price continues to languish in the $18 - $25 range.
Saturday, September 21, 2013
Gold And Silver – Fed Taper? Never! Never, Never, Ever! / Commodities / Gold and Silver 2013
The proverbial handwriting has been on the wall for quite some time. Lying Ben Bernocchio just sealed the fate of the already doomed fiat Federal Reserve Note, aka the "dollar," along with the financial well-being of most unsuspecting Americans who will be unprepared for what is going to happen, at some point and with certainty. Collapse.
Read full article... Read full article...
Saturday, September 21, 2013
Recent Gold Price Rally A Sign of Strength? / Commodities / Gold and Silver 2013
According to Reuters, gold is often seen as an inflation hedge (while it is really a system hedge in our opinion) and this safe-haven investment, has fallen nearly 20% this year on fears of an end to easy central bank money, which had propelled it to record highs in 2011.
On Wednesday, after the Fed said it would stick to its stimulus plan for now, the yellow metal gained more than 4%, leading the rally in commodities. Yesterday, gold rose to a new one-week high and extended the previous session's rally, lifted by technical buying and short-covering.
Read full article... Read full article...
Friday, September 20, 2013
Fed Decision to Delay QE Tapering Unleashes Gold / Commodities / Gold and Silver 2013
The Federal Reserve shocked the financial world this week, defying universal expectations. It failed to start reducing the pace of its third quantitative-easing campaign’s debt monetizations, delaying the long-anticipated QE3 taper indefinitely. This surprise ignited sharp moves in nearly all major markets, but gold’s was certainly the most impressive. It rocketed higher on the Fed’s startling new paradigm shift.
Read full article... Read full article...
Friday, September 20, 2013
Gold and Silver and Being Long Gamma / Commodities / Gold and Silver 2013
When an option trader has a long gamma position it means that they benefit from volatility and can rebalance their portfolios’ profitably if the underlying asset moves significantly.
The more volatile the precious metals becomes, especially to the downside, the more buying interest emerges.
Read full article... Read full article...
Friday, September 20, 2013
Gold and Silver Prices — Mapping Short Term Volatility / Commodities / Gold and Silver 2013
After years of paying attention to the price action and not the mainstream market commentary. — Thanks in large part to Ted Butler and GATA — here are some of the dominate forces that currently seem to be determining price movements in the precious metals:
Read full article... Read full article...