Category: Gold and Silver 2013
The analysis published under this category are as follows.Friday, May 17, 2013
The Last Investable Moment for Silver / Commodities / Gold and Silver 2013
In the context of the current U.S. Dollar valuation bubble, silver’s eventual price rise seem inevitable. This paper currency bubble commenced with a desperate flight to quality, despite the fact that the U.S. Dollar had been an intrinsically worthless currency since it was taken off the gold standard by Nixon in the early 1970’s.
Silver is one of many sought after investment choices when risk aversion is high. What makes it a convenient choice happens to be that the metallic commodity has special qualities that have historically made it one of the best forms of money.
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Friday, May 17, 2013
Silver COT Report - The Day the Numbers Lied / Commodities / Gold and Silver 2013
Prices ended down slightly once again for both silver and gold last week. There was no great change noted in the COT reports for either precious metal, and the monthly Bank Participation Report was a non-event for silver. This is once again leaving many observers scratching their heads about the suddenly questionable reliability of these numbers.
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Friday, May 17, 2013
Gold Wars: U.S. Undermining Iranian Currency By Blocking Gold Imports / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,376.75, EUR 1,069.15 and GBP 903.62 per ounce.
Yesterday’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce.
Friday, May 17, 2013
Will Soaring Stock Market Indices Hit the Ceiling? / Commodities / Gold and Silver 2013
Moe Zulfiqar writes: The stock market rally that began in March of 2009 is gaining attention once again. The key stock indices have surpassed the highs they registered before the U.S. economy was hit with a financial crisis and the ones made at the peak of the tech boom.
With all this, the direction in which the key stock indices are headed next has become a topic of discussion among investors: can they go any higher? Or we are bound to see another market sell-off, like the one we saw in 2008 and early 2009?
Thursday, May 16, 2013
Controlling the Beginning Stages of Hyperinflation by Manipulating the Gold and Silver Prices / Commodities / Gold and Silver 2013
The tactic by the Fed and Central Banks is to inflate the stock markets while manipulating the price of gold and silver lower. This achieves two goals, 1) it reassures the public’s faith by pumping up stock prices while the economic indicators continue to deteriorate and 2) it elevates the dollar while it destroys market sentiment in the precious metals.
So far, the strategy has worked. Some of the toughest gold and silver bugs are becoming extremely frustrated and downright bearish. You can’t blame them as this is typical human psychology. Although, extremes and manipulations never last forever and at some point in time they reverse.
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Thursday, May 16, 2013
Silver and the Dow / Commodities / Gold and Silver 2013
The Dow making new highs is likely to be very good news for silver investors, because nominal silver peaks tend to come after significant nominal peaks in the Dow. These stock market rallies are driven by the expansion of the money supply, causing a big increase in value of paper assets (including stocks) relative to real assets.Read full article... Read full article...
Thursday, May 16, 2013
Gold Bullion Demand Remains Strong Whilst Price Remains Weak / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce.
Yesterday’s AM fix was USD 1,412.25, EUR 1,094.51 and GBP 926.67 per ounce.
Wednesday, May 15, 2013
Gold and Bitcoin are the Currencies of the Future / Commodities / Gold and Silver 2013
Europe, says James Turk, founder and chairman of GoldMoney, is in the midst of two crises—one in the banking sector, the other related to economic activity, and capital is needed to solve both. As to the allegedly strong dollar, Turk, in this interview with The Gold Report, suggests comparing it to the price of gold rather than other fiat currencies for a better picture. And the world's newest currency—Bitcoin—has a lot in common with one of the oldest—gold.
The Gold Report: James, from your perspective in Europe, is the region in as bad a financial crisis as it appears in the headlines here in the U.S.?
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Wednesday, May 15, 2013
Gold and Silver Hit 3-Week Lows, ETFs "Could Sell Another 250 Tonnes of Gold" / Commodities / Gold and Silver 2013
WHOLESALE gold bullion prices fell to three week lows around $1410 an ounce Wednesday, as European stock markets ticked higher, reversing earlier losses following disappointing Eurozone growth data.
Gold in Euros fell as low as €1094 an ounce, while gold in Sterling fell below £930 an ounce.
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Wednesday, May 15, 2013
South Africa Starts Importing Gold to Meet Global Coins Demand / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,412.25, EUR 1,094.51 and GBP 926.67 per ounce.
Yesterday’s AM fix was USD 1,436.50, EUR 1,103.47 and GBP 938.15 per ounce.
Wednesday, May 15, 2013
Gold Swift and Violent Plunge to $1100 Possible / Commodities / Gold and Silver 2013
"It's not the size of the dog in the fight, it's the size of the fight in the dog."- Mark Twain (1835-1910)
The more I look at gold the more I realize that very few people understand what’s going on with the yellow metal. In part this is do to the fact that gold brings emotions to the surface faster than any other investment I can think of, and emotions have little or no place in the markets. Bringing a varied group of investors together to discuss the yellow metal is like sticking Protestants and Catholics together in a room and telling them to discuss birth control. It may be entertaining, but the discussion goes nowhere. Right now the folks who like gold are complaining that the Fed and the bullion banks, financial institutions like Citibank and J P Morgan, are manipulating the price of gold. I believe there’s more than a grain of truth to that, but if I’m long gold it’s of no conciliation.
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Tuesday, May 14, 2013
A Different View of the Silver Market / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: Why does silver move so much further, and faster, than gold...?
The SILVER MARKET often gets a bum rap. The reason is that often its gyrations are much greater than those of the gold market.
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Tuesday, May 14, 2013
Stronger Dollar Means Gold Has Lost Safe Haven Appeal / Commodities / Gold and Silver 2013
SPOT GOLD fell towards three-week lows Tuesday, dropping as low as $1423 per ounce, as the Euro also fell against the Dollar after comments from those attending today's Eurozone finance ministers' meeting appeared to show disagreement over the creation of a banking union.
Days after Germany's DAX index set a new record high, European stock markets extended yesterday's losses this morning.
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Tuesday, May 14, 2013
Fed Gangsters Manipulating Gold and Silver Prices / Commodities / Gold and Silver 2013
There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver.
My explanation that the sudden appearance of an unprecedented 400 ton short sale of gold on the COMEX in April was a manipulation designed to protect the dollar from the Federal Reserve’s quantitative easing policy has found acceptance among gold investors and hedge fund managers.
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Tuesday, May 14, 2013
Silver Prices to Soar, Like Gold on Steroids! / Commodities / Gold and Silver 2013
Diane Alter writes: It's hard not to get a bit nostalgic about silver prices.
I find myself reminiscing about April 2011 when the white metal ended the month at a sterling $48.70 an ounce after hitting an all-time intraday high of $49.51. That record surpassed the previous high of $49.45 set three decades earlier when the Texan Hunt brothers set out to corner the silver market.
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Tuesday, May 14, 2013
Gold Bulls vs. Bears: What’s the Best Strategy? / Commodities / Gold and Silver 2013
Moe Zulfiqar writes: Gold bullion has attracted a lot of attention lately from both the bull side and the bear side. The main reasons: the continuous decline in the prices since the yellow metal reached its highs in 2011, and the recent sell-off, which caused more pain to the investors. Will gold go down further? Or is it headed much higher?
Tuesday, May 14, 2013
Gold Price to Re-Test $1350 Low / Commodities / Gold and Silver 2013
Gold prices have started the week weaker in the southern hemisphere, dropping around $18.00 to trade at $1429.00/oz, despite the amount of physical buying that is taking place the paper market still calls the shots, for now at least. After what looks like a capitulation gold prices did bounce back, however, they have failed to break through $1500 and challenge the 50dma and now look set to test recent lows.
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Tuesday, May 14, 2013
When Will Gold Bull Market Resume? / Commodities / Gold and Silver 2013
While Gold has seen a decent rebound, Silver and the mining shares (the more speculative side of the complex) have failed to sustain any rebound despite tremendously supportive sentiment amid an extreme oversold condition. Is the failure to rebound bearish? Not really. This is a sector that is completely sold out but there are yet to be enough buyers to generate a sustained rebound. The combination of strength in conventional asset classes (stocks and bonds) and poor performance over the past two years is causing this sector to read like the heart rate monitor of a heart patient. The sellers are gone and the buyers are scant. We believe the bottom is in and a rebound should begin very soon. However, we are more concerned with what will be the driving force for a sustainable rebound which will evolve into a new cyclical bull market.
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Tuesday, May 14, 2013
Silver Price Lows: A Discernible Pattern / Commodities / Gold and Silver 2013
Unfortunately, there is not, that I can see, a simple pattern that predicts the next high or low in the price of silver. Markets seldom make it that easy. However, there are patterns that provide valuable information to help illuminate the “big picture” perspective of where the current price of silver lies in the up-down-up-down cycle of prices.
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Monday, May 13, 2013
Impulsive Gold and Silver Game Plan / Commodities / Gold and Silver 2013
Before we move on to the charts for this Weekend Report I would like to thank all the new subscriber who have joined us over the last several months. We are experiencing some growing pains at the moment that are being attending to by our wizard website designer audept. He is on top of the situation and we should be lightning fast once all the changes are made. Thanks for your understanding.
In this Weekend Report I want to get everyone up to speed and on the same page of what I’m seeing with the charts. I think there is a bit of confusion, especially with some of our new subscribers, on what the game plan is. Our game plan right now is fairly simple. As the longer term subscribes know we’ve been accumulating positions in some of the 3 X short etf’s like DUST which we started last December, DGLD & DSLV in the Kamikaze portfolio. The reason I have been recommending these trades, in the Kamikaze Portfolio, is because I think we are in a unique situation in regards to the precious metals complex. I have pointed out several different times that what we are experiencing right now isn’t normal and doesn’t happen many times in an investors career and that is to catch a big strong impulse move from the very beginning.