Category: Gold and Silver 2013
The analysis published under this category are as follows.Tuesday, August 20, 2013
GET READY - The Great Transfer of Wealth in Gold & Silver is Coming / Commodities / Gold and Silver 2013
The U.S. Economy stands at the edge of the abyss while the financial MSM debates whether or not the FED will taper in the fall. Silly analysts. Serious cracks are beginning to appear in the economy while the precious metals have now seemingly decoupled from the broader stock market in a big way.
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Monday, August 19, 2013
Gold’s Relationship with the Indian Rupee / Commodities / Gold and Silver 2013
According to Reuters, last week India hiked the import duty on gold yet again to a record 10% and raised excise duty on the metal, as imports jumped in July despite the government's attempts to strangle supply and curb demand to rein in dollar spending.
This decision resulted in a further rally and gold prices in India rose to their four-month high on Friday. Today, the yellow metal extended gains and climbed up to over Rs 86,000 per ounce. It’s gold’s highest level since April 10, 2013.
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Monday, August 19, 2013
Silver Price 13% Jump Confirms Recovery in Gold Even as T-Bond Yields Rise / Commodities / Gold and Silver 2013
WHOLESALE GOLD edged back from last week's two-month closing high on Monday morning, recording its best London Gold Fix since 18th June above $1375 per ounce.
World stock markets slipped, with Indonesia dropping 5.5%, as major government bond prices also fell, driving interest rates higher.
Monday, August 19, 2013
Gold and Silver - What IF This has all been one Giant Half Way Pattern? / Commodities / Gold and Silver 2013
Editors Note : Last Weekend report , Rambus Showed a Provocative Scenario For the Precious Metals Markets dubbed “What If 1 : Circa 2013″
This Scenario was based on a comprehensive and rather complex analysis of the Chartology of the Precious Metals
http://rambus1.com/?p=15405 :
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Saturday, August 17, 2013
Gold And Silver Fundamentals Never Say When, Charts Do, It Pays To Listen / Commodities / Gold and Silver 2013
Finally, a classic example on the importance of reading developing market information, as shown in a chart!
For the past several months, everyone interested in Precious Metals, PMs, has been deluged with never-ending fundamental information about the unprecedented demand for physical gold and silver. Much of the information was compelling, yet, if anyone tried to buy into [paper] futures, it was a financial disaster, despite such strong demand for the underlying physical. It was the lying manipulators of the COMEX and LMBA exchanges that made the differences.
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Saturday, August 17, 2013
Gold Daily and Silver Excelsior / Commodities / Gold and Silver 2013
Friday, another up day for the metals, with silver once again leading the charge.
There was an early morning 'dipsy-doodle' just to keep the day traders from banging their F12 buttons too steadily.
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Friday, August 16, 2013
It’s TimeTo Buy Gold Again / Commodities / Gold and Silver 2013
Gold has been in a significant bear market since reaching a record high at $1,910 an ounce in 2011. In its collapse gold bullion lost $705 an ounce or 37% of its value to the recent low at $1,195. The gold mining stocks, as measured by the XAU Index of Mining stocks, crumpled even more dramatically, plunging 63% over the same period.
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Friday, August 16, 2013
When Silver Shortages Reach the Mainstream / Commodities / Gold and Silver 2013
Many observers have realized that the price of silver will rise dramatically at some point because the amount of paper silver is many times the amount of physical silver. When this fact is even partially acknowledged by the mainstream, silver will probably move much higher.
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Friday, August 16, 2013
Short Term Silver Prices and the Next Leg in Sentiment / Commodities / Gold and Silver 2013
In 1863, the Rothschild brothers of London wrote to associates in New York introducing their banking method into America that:
“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.”
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Friday, August 16, 2013
Gold as a System Hedge / Commodities / Gold and Silver 2013
Last week we focused on the idea that gold is not an inflation hedge. Today, we will develop this notion even further. If we’re talking about gold as a hedge, it is rather a system-hedge than an inflation-hedge. Since 1973, when the dollar was allowed to float, gold has confirmed this view.
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Friday, August 16, 2013
Gold GLD ETF Breaks Out, TLT Breaks Down / Commodities / Gold and Silver 2013
GLD broke out this afternoon, creating a temporary “safe haven” for investors fleeing stocks. See the next chart.
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Thursday, August 15, 2013
Will China Confiscate its Citizen's Gold? / Commodities / Gold and Silver 2013
At one point we thought we were alone in believing that eventually we would see a confiscation of citizen's gold in one or more countries. Then we saw the confiscation of deposits in Cyprus in line with a "bail-in" policy. While this was a banking measure in line with the normal liquidation of a company, it was endorsed by most nations thereafter. The greatest impact was seen on investors worldwide who had never thought that such events would happen.
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Thursday, August 15, 2013
What the Silver to Gold Ratio Tell Us About Silver’s Future Price Moves? / Commodities / Gold and Silver 2013
In our previous essay we focused on silver’s relationship with the general stock market. Today, we think it would be interesting to revisit the silver-to-gold ratio. However, before we do that, let's check the recent price action in silver and gold.
Yesterday, silver posted biggest six-day gains in 2 years. Today, in pre-market trading, the white metal climbed up once again and reached the highest level in a month as holdings in the world's largest silver-backed exchange-traded fund, the iShares Silver Trust (SLV ETF), rose to a four-month high.
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Wednesday, August 14, 2013
Silver: The Gold Silver Ratio Bottom Finder / Commodities / Gold and Silver 2013
Six of eight significant silver market lows in the past 23 years occurred when the GSR (gold to silver ratio) was > 64 and the RSI (Relative Strength Index of the GSR was < 35.
Silver, in late June and early July 2013, met the above criteria, along with a near record low RSI of the GSR, and a record low in the TDI Trade Signal Line. These are strongly bullish conditions.
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Wednesday, August 14, 2013
Today's "Gold Convergence" is Your Best Buy Signal Yet / Commodities / Gold and Silver 2013
Peter Krauth writes: We've been recommending gold shares for months now, ever since prices collapsed in April. But timing's getting critical, because now the market is telling you gold is set to surge...
The first piece of evidence hit my radar on August 1st, moments after Barrick Gold released its $8.7 billion "news." (More on that in a minute.)
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Wednesday, August 14, 2013
Silver Price Correction Over, Seasonally Strong September Ahead / Commodities / Gold and Silver 2013
All the signs are that silver's long correction is now over and that it is beginning a major uptrend. The Commercials have cleared out most of their short positions, for a massive profit of course, meaning that the slate is wiped clean for the game to start over anew. Public opinion and sentiment towards silver remains rotten, which is exactly what you expect to see at a major low, with the investing public at large, having been duly "educated" by the mainstream media, harboring a negative attitude to silver and if anything inclined to short it. Lastly, seasonal factors couldn't be better - August and September are good months for gold which will have a positive influence on silver and September is traditionally the best month of the year for silver by far.
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Wednesday, August 14, 2013
Gold Right on the Doorsteps of a Big Rally / Commodities / Gold and Silver 2013
All the pieces are in place for a major uptrend in gold to begin right away, and it appears to be starting as this is being prepared. The Commercials have cleared out virtually all of their short positions, for a massive profit of course, meaning that the slate is wiped clean for the game to start over anew. Public opinion and sentiment towards gold remains rotten, which is exactly what you expect to see at a major low, with the investing public at large, having been duly "educated" by the mainstream media, harboring a negative attitude to gold and if anything inclined to short it. Lastly, seasonal factors couldn't be better - August and September are traditionally the best months of the year for gold.
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Tuesday, August 13, 2013
Gold - Hidden Agenda Behind the Bear Raid / Commodities / Gold and Silver 2013
First off let's go over the key cyclical points from today's action. Today gold broke above the cycle downtrend line, thus confirming August 7 as a daily cycle low.
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Tuesday, August 13, 2013
The U.S. Dollar Outperforms Gold, Silver and the HUI so far in 2013 / Commodities / Gold and Silver 2013
The chart below paints a sorry picture for precious bugs with the US dollar just managing to stay in positive territory as losses mount for gold, silver and the mining sector. In broad terms the US Dollar is up 2%, Gold is down 22%, Silver is down 32% and the miners represented here by the HUI are down 45%. All stomach churning stuff for perma bulls as the mining sector now has to generate gains of around 100% in order to get back to where they were at the start of the year. This is not impossible but it will take a monumental effort to achieve such a recovery.
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Monday, August 12, 2013
Gold Daily and Silver Slouching Through August Delivery / Commodities / Gold and Silver 2013
There was intraday commentary on the gold inventory situation and Bullion Heading East here.
I doubt that we are in a normal market correction or even a bear market in the precious metals. Instead what we are seeing is tied intimately with the inability to repatriate Germany's sovereign gold from its custodial holders, without a seven year wait.
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