Category: Gold and Silver 2013
The analysis published under this category are as follows.
Friday, September 13, 2013
Silver Demand: When Investment Trumps Industrial / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
A slackening U.S. economy typically means that a slowdown in industrial demand for silver will soon be forthcoming. Nevertheless, the re-monetization of silver would more than take care of any such slump in demand.
Even if new supplies of silver are tapped, there is still a considerable premium associated with finding, buying back, smelting and refining the precious metal. Essentially, the physical market for silver would go completely off exchange.
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Friday, September 13, 2013
Gold and Silver Price Manipulation Ends With the Death of Fiat Currency / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
The silver and gold market has been rife with speculation about ongoing price manipulation. Most investors are now familiar with this concept, and even the mainstream has admitted that undue market influence has occurred.
Nevertheless, ending this unfortunate fact of life for precious metal investors and allowing prices to rise to their fair value would probably create a U.S. Dollar panic.
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Thursday, September 12, 2013
Planned Attack on Gold Begins, Waiting for Manipulation to End / Commodities / Gold and Silver 2013
By: Toby_Connor
As I was afraid would happen, gold suffered an overnight hit that drove it back below the $1350 support zone. The drop occurred in the span of one minute so it's pretty obvious this was a planned attack with the intent of taking out that support zone in the thin overnight market when there would not be any buyers to defend the against the attack.
Thursday, September 12, 2013
Why I Won’t Be Buying Gold Anytime Soon / Commodities / Gold and Silver 2013
By: InvestmentContrarian
George Leong writes: When gold surged to over $1,400 an ounce, I was still not a believer in its potential as a buying opportunity—rather, I thought it was more a trade against the possibility of an expanded conflict arising in Syria.
The gold bugs were suggesting the time for the yellow metal was here again, and I even heard a target price of $1,700 an ounce. Now, with the situation in Syria looking to be resolved, the safe haven’s gains over the past few weeks are beginning to fade away as the price falls below $1,400.
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Thursday, September 12, 2013
Gold Price Hits 1-Month Low Pre-Fed, Asian Stockpiles Cut Bar Demand Outlook in Half / Commodities / Gold and Silver 2013
By: Adrian_Ash
LONDON PRICES for wholesale gold slipped to 1-month lows at $1334 per ounce Thursday lunchtime, extending an early $20 slump in what one dealer called "anaemic trade".
European stock markets reversed morning losses, and crude oil rallied, as the US and Russian foreign ministers met in Switzerland to discuss Syria's chemical weapons.
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Thursday, September 12, 2013
India's Anti-Gold Policies: Symptom, Not Cure / Commodities / Gold and Silver 2013
By: Adrian_Ash
Miguel Perez-Santalla writes: Controls on gold inflows don't fix the causes of capital outflows...
WHAT'S GOING on in India is nothing new. We've seen it over and over again throughout struggling economies.
These attempts to control movement of currency are very common when a government is faced with problems like India's. They actually create a more crippling environment than the one they are put in place to improve.
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Thursday, September 12, 2013
Gold Price in India: Stronger Rupee Pushed Gold Lower / Commodities / Gold and Silver 2013
By: Nadia_Simmons
Yesterday, the Indian rupee rose to a two-week high as expectations for a narrower trade deficit and receding concerns about Syria helped the currency continue its recent recovery from record lows hit last month. Today, the Indian currency extended gains and added as much as 1.52%. It's worth noting that the rupee posted a fifth consecutive session of gains after former International Monetary Fund Chief Economist Raghuram Rajan took the helm of the central bank last Wednesday and quickly unveiled a spate of measures to support the currency and open up markets.
Wednesday, September 11, 2013
Silver, Butter and TANSTAAFL / Commodities / Gold and Silver 2013
By: DeviantInvestor
TANSTAAFL is the acronym for “There ain’t no such thing as a free lunch.” The saying has been used for years, even prior to Robert Heinlein’s use of it in “The Moon Is A Harsh Mistress.” It is another way of saying there is always a price that must be paid.
Wednesday, September 11, 2013
Gold Bullion Continues to Slowly Bleed Out of COMEX / Commodities / Gold and Silver 2013
By: Jesse
"Though justice often moves slowly, it seldom fails to overtake the unjust." - Horace, Odes
There were no deposits into the COMEX warehouses yesterday. Apparently GLD was not able to squeeze out any bars for the banks.
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Wednesday, September 11, 2013
Gold and Silver Bounce from 3-Week Lows as Syria "Averted" / Commodities / Gold and Silver 2013
By: Adrian_Ash
WHOLESALE bullion prices bounced on Wednesday from new 3-week lows as the US cancelled a Congressional vote on Syria, and traders pointed to next week's expected "tapering" of quantitative easing by the Federal Reserve.
Oil prices and other commodities also stemmed this week's drop. World stock markets rose sharply.
Wednesday, September 11, 2013
Is Platinum the New Gold? / Commodities / Gold and Silver 2013
By: The_Gold_Report
The Goldrums of June are giving way to a new dawn for platinum group metals, says David Franklin, a market strategist at Sprott Asset Management. While white metal miners face a variety of challenges, there is an increasing demand for platinum and palladium from vehicle manufacturers in the U.S. and China. And supplies of the hard-to-find metal are vanishing day by day. Now is the time to buy into existing stockpiles of the precious metal, Franklin tells The Metals Report.
The Metals Report: David, can you give us your recap on gold's recent performance?
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Wednesday, September 11, 2013
Energy Factor To Push Gold Price To New Highs / Commodities / Gold and Silver 2013
By: Steve_St_Angelo
One of the most misunderstood factors that will impact the price of gold is energy. Many analysts forecast the future value of gold relative to the amount of fiat money circulating in the system as well as total government treasury and bond debt. However, the world may not have the available energy supply in the future to satisfy these massive debts.
Gold and silver are monetary metals because they function as a store of "Economic Energy", a term coined my Mike Maloney. Basically, the precious metals are batteries that store this trade-able energy value.
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Tuesday, September 10, 2013
Gold - September Usually the Best Month of the Year / Commodities / Gold and Silver 2013
By: Frank_Holmes
I often talk about how the gold trade is really two separate trades. There’s the Fear Trade that buys gold out of fear of war or poor government policies. This crowd sees the precious metal as a safe haven during times of crisis, such as when gold rose over the fear of a war in Syria, but eased when a much more limited military action became likely.Read full article... Read full article...
Tuesday, September 10, 2013
Gold Drops as Assad Accepts Russian Plan, Analysts Start Pricing Fed's Cut to QE / Commodities / Gold and Silver 2013
By: Adrian_Ash
BENCHMARK London prices for physical gold fell to $1363 lunchtime Tuesday, down 2.3% from Monday's high as the Assad regime in Syria accepted a Russian-backed plan to give its chemical weapons to international control.
The Rupee meantime rose to a 2-session high after new Indian trade data showed gold imports falling and exports rising in August.
Monday, September 09, 2013
Crude Oil’s Relationship with Oil Stocks and Gold / Commodities / Gold and Silver 2013
By: Nadia_Simmons
In our previous Oil Update we examined major factors, which previously fueled the price of light crude. Before we move on to the technical part of our Oil Update, let’s take a closer look at the events of the previous week.
At the beginning of the last week President Barack Obama won the backing of key figures in the U.S. Congress, including Republicans, in his call for limited strikes on Syria. Additionally, a missile test by Israeli forces training in the Mediterranean with the U.S. Navy set nerves on edge. These circumstances fueled the oil market and resulted in a sharp pullback to over $108 per barrel. In spite of this growth, in the following days, the price of light crude was trading in the narrow range between the Tuesday’s low and top.
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Monday, September 09, 2013
Gold "Dull & Thin" as Spec's Cut Shorts But Analysts Expect Post-Fed Losses / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of GOLD edged $10 per ounce lower Monday morning in what dealers called "dull, thin" trade following Friday's sharp jump on US jobs data.
A surge in Asian share prices – attributed to Tokyo winning the 2020 Olympics bid, plus official news of 7% annual growth in China's exports and imports in August – failed to lift European stock markets.
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Sunday, September 08, 2013
Is Gold Price Manipulation About to Begin Again? / Commodities / Gold and Silver 2013
By: Toby_Connor
The answer to the question above unfortunately is maybe. There are definitely warning signs springing up.
The first sign of trouble popped up last week when the miners generated a key reversal on huge volume, and on a day when gold was actually positive. Something about that day smells very fishy to me. It looks like big-money traders had advance notice that a false breakout to new highs was going to be manufactured to give insiders an exit after a two-month 40% rally. The high volume follow through the following day confirms that something is not right.
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Sunday, September 08, 2013
Can Silver Hold $23 ? $26 Should / Commodities / Gold and Silver 2013
By: Michael_Noonan
The silver situation continues to grow more positively, based on developing market activity. Almost everyone has an opinion, but they are all subservient to whatever the market dictates with its most current and most reliable information. It is then a matter of reading the message. Sometimes it is very clear, sometimes not.
The resistance for silver at $26 is uppermost on the mind of everyone with any degree of awareness for this market. A lesser market message, but one still quite clear was the lesser resistance from a demonstrated failed swing high retest back in April.
Sunday, September 08, 2013
Gold and Silver Holding the Line On a Breakout / Commodities / Gold and Silver 2013
By: Jesse
Today was filled with cross currents, as the Non-Farm Payrolls report came in light, and looked even worse if you peered into the details of it.
The unemployment rate is less meaningful now because of the large number of people who have been long term unemployed and are falling off the unemployment benefits rolls. Labor Participation Rate and average workweek are therefore a bit more important. And things are not looking good because the jobs that are being created tend to be low wage and often part time.
Saturday, September 07, 2013
Gold And Silver - It Is Always About One Thing: Timing / Commodities / Gold and Silver 2013
By: Michael_Noonan
Is the current rally from the lows the result of:
A. Long lines to buy silver and gold coins world-wide
B. Unprecedented demand for those same coins, year over year
C. Drawdowns of physical gold/silver on COMEX
D. Central bank PM vaults about empty