Category: Gold and Silver 2013
The analysis published under this category are as follows.
Friday, September 20, 2013
Ron Paul Warns Prepare for the Destruction of the U.S. Dollar / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,355.25, EUR 1,002.18 and GBP 845.39 per ounce.
Yesterday’s AM fix was USD 1,363.50, EUR 1,005.90 and GBP 848.16 er ounce
Gold fell $1.10 or 0.08% yesterday, closing at $1,365.20/oz. Silver dropped $0.08 or 0.35%, closing at $23.01. At 3:41 EDT, Platinum fell $3.70 or 0.3% to $1,458.80/oz, while palladium rose $13.85 or 1.9% to $730.59/oz
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Friday, September 20, 2013
Silver Major Bottom Pattern is Completing / Commodities / Gold and Silver 2013
By: Clive_Maund
Much of what is written in the parallel Gold Market update applies equally to silver and that will not be repeated here.
Silver's major reversal pattern, which, like gold's, is a Head-and-Shoulders bottom, is different to gold's in the detail that it is flat-topped - the "neckline" or top boundary of the pattern is a horizontal band of resistance. Otherwise they are broadly similar in meaning, which is hardly surprising as gold and silver are "joined at the hip", the big difference from an investor's point of view being that silver is a leveraged play on a gold move.
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Friday, September 20, 2013
Fed Refusal to Taper is Good News for Gold Investors / Commodities / Gold and Silver 2013
By: Clive_Maund
That was a huge announcement by the Fed Wednessday (18th) to keep monetary policy the same and the effect on the markets was immediate and dramatic. To say that this announcement was gold friendly would have to be one of the understatements of the year. Gold soared making its biggest one-day gain for 15-months, silver rose sharply and Precious Metals stocks took off like a rocket. This action marks the start of a major sectorwide uptrend. The dollar tanked as the Fed's ongoing policy amounts to a continuation of its long-term policy to destroy the currency that has actually been in force with great effect since 1913 - just ask an old timer how much coffee he could buy for a dollar.
Thursday, September 19, 2013
What's The Indian Government Doing to Gold? / Commodities / Gold and Silver 2013
By: Julian_DW_Phillips
Difference between India & China
While both nations have been touted as the fasted growing nations in Asia, there are stark differences between the two nations that are coming to the fore now.
The first is that in China, the population has a fear of gov't and the dangers of disobeying it. After nearly 48 years of intense pressure and 're-modeling' of the thinking of the Chinese people, the Chinese are now a highly regimented people who appear to enjoy hard work, have a tacit obedience of gov't and appreciate the lift in their standard of living. They appear to be fully supportive of the extraordinary urbanization of the country and the present reality that nearly three quarters of the country have a much higher standard of living than they have ever experienced. The nation is headed towards becoming the economic powerhouse of the world before 2020.
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Thursday, September 19, 2013
Gold Lust: A Report From the Road / Commodities / Gold and Silver 2013
By: Investment_U
Sean Brodrick writes: I’m traveling around Nevada this week, scouting gold miners. Nevada is one of the best places on Earth to be mining right now. And as a geologist reminded me yesterday, all the biggest mines in the world started out small, just like the up-and-comers I’m visiting.
Some of them could be among tomorrow’s giants. I’ll be reporting on the companies I discover in my new advisory service, which will launch later this year. In the meantime, I’ll post video interviews I conduct with mining executives on InvestmentU.com. To see the interviews I’ve done so far, click here.
Thursday, September 19, 2013
'QE Unlimited' Sparks 'Risk-On Party' as Dollar Sinks, Gold Jumps / Commodities / Gold and Silver 2013
By: Adrian_Ash
WORLD stock markets, foreign currencies and commodities extended yesterday's jump versus the US Dollar in Asia and London on Thursday morning, with gold regaining the $1370 level it leapt to after the Federal Reserve voted not to trim its quantitative easing program.
Defying the expectations built since April, the Fed gave financial markets what one FX strategist called "a massive green light for a risk-on party."
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Wednesday, September 18, 2013
How Will Tapering Affect Gold Bullion Investment? / Commodities / Gold and Silver 2013
By: Jan_Skoyles
Next week the FOMC will meet for one their eight scheduled meetings. It is this particular meeting that has had traders, market commentators and investors almost in frenzy as they try to predict the outcome. It seems everyone is convinced that tapering will go ahead, as of next week, and the gold bears believe that this will signal gold’s demise.
Wednesday, September 18, 2013
Gold "Fierce" If Fed Surprises / Commodities / Gold and Silver 2013
By: Adrian_Ash
The WHOLESALE price of gold fell below $1300 for the first time in 6 weeks Wednesday morning in Asia, as traders in all markets awaited today's US Fed announcement on QE tapering.
Regaining that level in London – a record high when first reached 3 years ago next week – gold still held 7% beneath the start of September.
Tuesday, September 17, 2013
The Great Gold Heist of 2013: Exploding Demand & Falling Supply / Commodities / Gold and Silver 2013
By: Steve_St_Angelo
No one was prepared for the orchestrated take-down of the price of gold and silver in the first half of 2013. Forecasted supply was generously overstated while demand... grossly under-estimated. Thus, the tremendous imbalance had to be resolved which came to be known as "The Great Gold Heist of 2013."
Not only were the investors taken by surprise from the huge price declines, but so were the Fed and member bullion banks -- one by price movement and the other by huge demand. To understand why I believe there was a gold heist, we have to dissect through some of the just released official data.
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Tuesday, September 17, 2013
Gold and the Fed – What If... / Commodities / Gold and Silver 2013
By: Matt_Machaj
In my previous article (What if the Fed Really Tapers QE?) I focused on what would be the likely outcome of limiting the QE program on several key markets (gold, real estate, stocks and bonds). Today, we will provide you with an analogous analysis for a completely different scenario.
In the following part of the article we will discuss what’s likely to happen if the Fed simply continues the QE program and informs about it in a direct way.
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Tuesday, September 17, 2013
Silver and Gold Price Manipulation / Commodities / Gold and Silver 2013
By: Janet_Tavakoli
Price manipulation is a time-honored tradition in structured finance. There will be abuse anytime there is a price “fixing” or a price set on the basis of a trade.
Instances of abuse are the dragons that “regulators” are supposed to constantly slay. When regulators are too slow, unwilling, or unable to do the job—and if you haven’t been paying attention, regulators have been all three for decades—market professionals take matters into their own hands.
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Tuesday, September 17, 2013
Gold Retraces 50% of Both Summer 2013 and 2008-2011 Gains / Commodities / Gold and Silver 2013
By: Adrian_Ash
The WHOLESALE price of gold halved an early 1.5% rally lunchtime Tuesday in London, dropping back to $1315 per ounce as world stock markets fell ahead of tomorrow's long-awaited US Federal Reserve decision.
Silver reversed all of an earlier 1.8% climb, falling back below $22 per ounce.
UK and Eurozone government bonds slipped in price, but US Treasuries rose – pushing interest rates down for a fifth session – after new data said US consumer prices rose less quickly than analysts forecast in August.
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Monday, September 16, 2013
Will Short-Term Link Between Crude Oil and Gold Wane? / Commodities / Gold and Silver 2013
By: Nadia_Simmons
Looking at the charts of crude oil, we clearly see that the major factor, which has driven the price of light crude in the recent weeks was the uncertainty around Syria. At the beginning of the previous week, crude oil began to drop after Russia offered to help put Syria's chemical weapons under international control. Although the U.S. President Barack Obama said that he will still continue efforts to convince politicians to back military action, Russia's proposal raised the chance that a U.S. military strike would be delayed or averted. In the following days, we saw two-day small bounce up in crude oil prices as investors worried about whether diplomatic efforts to eliminate Syria's chemical weapons would avert military action that could disrupt oil supplies from the Middle East. These diplomatic efforts intensified as Russia warned that a U.S. strike could unleash extremist attacks and carry the country's bitter civil war beyond Syria's borders. However, this improvement was only temporary and crude oil slipped on Friday as the United States and Russia worked on a plan for Syria to surrender its chemical weapons.
Sunday, September 15, 2013
Gold And Silver – Fundamental Tale Or Technical Reality? / Commodities / Gold and Silver 2013
By: Michael_Noonan
A few have inquired about our greater focus on the charts as they pertain to the
Precious Metals, of late, a shift of which we have been cognizant. The reason is,
it suits our purpose. Our purpose is to pursue profitable trading, and telling
“stories” is not always apt, especially when almost all of them have been amply
related in the news and written endlessly by cheerleading precious metals [PM]
writers and newsletters.
Why is an analysis more focused on charts seem like such an obvious question? Last week, we provided a list of nine of the most recognized reasons for viewing gold and silver from a demand side perspective. There are many others you can think of, additionally. [See: It Is Always About One Thing: Timing, click on http://bit.ly/17Hctst} Repeating the same things is unnecessary, and those which have been aired so frequently seem not to have had much influence on sustaining higher prices.
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Sunday, September 15, 2013
Gold Damaged, Bulls Back on the Defensive / Commodities / Gold and Silver 2013
By: Toby_Connor
As I mentioned in my last post there is a disturbing possibility that gold's intermediate cycle has topped, and done so in a left translated manner. For clarification, left translated cycles often lead to lower lows. In this case if gold did top on week 9 and the intermediate cycle is now in decline, then the odds are high we are going to see the June low of $1179 tested and broken before the next intermediate bottom.
Saturday, September 14, 2013
COMEX Deliverable Gold Bullion Plunges By 78% in 2013 / Commodities / Gold and Silver 2013
By: Jesse
The last time that the claims per ounce were nearly this high was in the late 1990's. At that time the central banks had to intervene to keep one or more bullion banks from faltering. It occurred during a period of coordinated bullion selling from the central banks into the market under the Washington Agreement, culminating in the notorious gold dumping known as Brown's Bottom. At least the Germans still have a receipt. That selling failed to hold the line, and shortly thereafter gold began its great bull market run.
Saturday, September 14, 2013
Gold and Oil, Where to Go if the Middle East Explodes! / Commodities / Gold and Silver 2013
By: Julian_DW_Phillips
The Oil Price...if the Middle East Explodes
We preface by saying that this is still a "what if" scenario...
In the unlikely event that a limited strike on the Syrian government's ability to launch nerve gas on its population through air strikes, rocket attacks or artillery shells has no other effect on the religious war, then we doubt that the impact of such a strike will send shock waves throughout the Middle East.
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Saturday, September 14, 2013
Gold In India: Did Gold Stop to Respond to the Rupee Price Moves? / Commodities / Gold and Silver 2013
By: Nadia_Simmons
Today, gold in the global market reversed early gains and fell to its lowest in more than a month as U.S. futures extended losses on fears the United States would curb its stimulus soon and as a U.S. strike on Syria looked less likely.
According to Reuters, purchases from jewelers in Hong Kong and mainland China initially helped gold gain more than 0.5%, but heavy selling of New York COMEX and bullion futures on Tokyo Commodity Exchange pushed the price of gold below $1,330 per ounce.
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Saturday, September 14, 2013
Gold Beat Stocks Since Lehmans, But Price Sinks as Tapering Beats Debt Ceiling Fears / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of GOLD marked the 5th anniversary of Lehman Brothers' collapse by sliding $25 per ounce Friday morning, finally bouncing from a new 5-week low at $1305.
World stock markets held flat, while the price of crude oil rallied from a 3-week low.
Silver regained 40c per ounce from a fresh 4-week low at $21.42 – some 10% below where it ended last week.
Friday, September 13, 2013
Five Years After Lehman - Gold Still Safe Haven As Financial System 'Insane' / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,308.25, EUR 984.46 and GBP 827.12 per ounce.
Yesterday’s AM fix was USD 1,340.25, EUR 1,008.54 and GBP 847.46 per ounce.
Gold fell $41.60 or 3.05% yesterday, closing at $1,323/oz. Silver slid $1.31 or 5.66%, closing at $21.83. At 3:01 EDT, Platinum fell $28.60 or 2% to $1,437/oz, while palladium fell $2.03 or .3% to $688.47/oz.
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