Category: Gold and Silver 2013
The analysis published under this category are as follows.Wednesday, April 03, 2013
Recent Action in Silver ETFs Is Bad News for Precious-Metals Bears / Commodities / Gold and Silver 2013
Two weeks ago we looked at the difference between gold ETF outflows vs. physical gold purchases, and showed that most sales were coming from the former while aggressive buying was coming from the latter.
This week we examined the same data for silver – and discovered a rather striking trend. Not only are silver ETFs seeing no net outflows, their holdings are increasing. Bearish investors who treat the two precious metals as being the same, interchangeable thing, and sell silver along with gold are at risk of missing the boat.
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Tuesday, April 02, 2013
Why Are Silver Prices Falling When Demand for Coins is White-Hot? / Commodities / Gold and Silver 2013
William Patalon writes: It's one of the biggest mysteries in finance right now.
I mean, it's a real head-scratcher ...
On one hand, demand for silver coins has been off the charts. With so many investors wanting to swap currency for silver, neither the U.S. Mint nor the Royal Canadian Mint has been able to keep up with purchase requests.
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Tuesday, April 02, 2013
Gold Investors Evaporate as North Korea Tensions Rise / Commodities / Gold and Silver 2013
U.S. DOLLAR prices to buy gold dipped back below $1600 an ounce Tuesday morning, though they remained close to that level by lunchtime in London, as the physical bullion market re-opened following the Easter break.
Stock markets edged higher in Europe despite news of record high unemployment and contracting manufacturing sectors, while major government bond prices dipped.
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Tuesday, April 02, 2013
Cyprus triggers preference for Goods, Gold and Silver / Commodities / Gold and Silver 2013
Almost certainly prices for goods in Cyprus will rise as a result of its banking crisis, because the imposition of capital controls will restrict imports, leading to supply bottlenecks. In addition residents will no longer be complacent about keeping money on deposit, but seek other alternatives. Large depositors may be trapped, but smaller local depositors will draw them down for cash to stock up on things needed tomorrow while they are available.
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Tuesday, April 02, 2013
Follow the Smart Money to Undervalued Gold Miners / Commodities / Gold and Silver 2013
Investors unsure of which way to turn in this market need only watch the "smart money," says Jeb Handwerger, the editor and publisher of GoldStockTrades.com. Billionaires like John Paulson and Carlos Slim are plucking up mining investments on the cheap. In this interview with The Gold Report, Handwerger shares his favorite discount buys.
The Gold Report: Gold recently witnessed some upside price support after the Cypriot parliament proposed taking money from private bank accounts to raise the €5.8 billion needed to qualify for an international bailout. What was your first reaction to that news?
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Monday, April 01, 2013
Silver Statistical Correlations / Commodities / Gold and Silver 2013
Begin the analysis in 1971 when Nixon dropped the link between the dollar and gold. A pack of Marlboros cost (depending on local taxes) about $0.39. We paid about $0.36 for a gallon of gasoline. The DOW Index was about 850. Silver was priced at about $1.39.
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Monday, April 01, 2013
Silver Stocks Update / Commodities / Gold and Silver 2013
When we discuss gold stocks we often refer to gold and silver stocks. Today we take a look at the silver stocks specifically.
Below is a chart of our partially weighted producers index which contains 14 of the largest silver producers. We didn't cherry pick the 14. We went down the list and that includes a handful of companies which have really struggled in recent years. Anyway, the 56% in the current cyclical bear is well in line with history. Previous downturns have been 51% and 49% and then 85% from 2007-2008.
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Saturday, March 30, 2013
Gold And Silver Stakes Just Got Higher / Commodities / Gold and Silver 2013
Cyprus is a trial balloon for the NWO, taking a small country that can more easily be controlled, putting the financial screws to bank depositors and then watching how it all unfolds, creating a playbook for future bank raids. How did the people react? Where will we need to deploy armed police or military? Did keeping the banks closed for a longer period of time force an adjustment of inevitability/acceptance? How much more can we get away with from this learning process?
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Saturday, March 30, 2013
Major Financial Market Forces’ Trajectories / Commodities / Gold and Silver 2013
“We are in a period where the "haves" are determined to hold on to their positions in the world. The "haves" include the world's leaders and politicians, and the world's "masters of the earth," which includes those who control the world's money.
“Those who control the money make the rules, and their main aim is to remain in power. Currently, the various central banks control the creation and the issuance of money. To ensure that they remain in power, the central banks are spewing forth a veritable avalanche of fiat currency, money created out of a computer -- money that has been created out of "thin air." In turn, we are supposed to bow down and thank the money creators, those who are saving us from a new world depression. Thank you, thank you, marvelous Alan Greenspan and great Ben Bernanke.
Saturday, March 30, 2013
Gold and the Global Chess Game of Capital Controls / Commodities / Gold and Silver 2013
The best indicator of a chess player's form is his ability to sense the climax of the game. –Boris Spassky, World Chess Champion, 1969-1972
You've likely heard that the German central bank announced it will begin withdrawing part of its massive gold holdings from the United States as well as all its holdings from France. By 2020, Bundesbank says it wants half its gold reserves stored in its own vault in Germany.
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Friday, March 29, 2013
Silver’s Coming of Age / Commodities / Gold and Silver 2013
Silver is winning market share from gold buyers.
2008 - In March 2008, sales increased nine times over the month before - 200,000 to 1,855,000.
In April 2008, the United States Mint had to start an allocation program, effectively rationing Silver Eagle bullion coins to authorized dealers on a weekly basis due to "unprecedented demand."
On June 6, 2008, the Mint announced that all incoming silver planchets were being used to produce only bullion issues of the Silver Eagle and not proof or uncirculated collectible issues.
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Friday, March 29, 2013
Storing Silver for the Next Generation / Commodities / Gold and Silver 2013
Many parents looking to the future and concerned about their children’s financial security have been reframing reasons for owning silver as a long term investment.
Awareness seems to be growing among parents that an outstanding way to provide for their child's future educational expenses is to employ silver ownership as an investment vehicle.
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Friday, March 29, 2013
Buy Silver Now? / Commodities / Gold and Silver 2013
Do you want to buy silver? Have you considered seasonal price patterns before jumping in with both feet? What typically has happened to the price of silver, in past years, following a March/April purchase? Does it make sense to buy now or wait to make that purchase?
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Thursday, March 28, 2013
Gold and Silver Where From Here? / Commodities / Gold and Silver 2013
These days gold and silver seem to attract more attention than pretty much any other commodity, perhaps other than oil, and not a day goes by without numerous commentators:
■on one side extolling the ownership and prospective higher prices of both physical gold and physical silver; and,
■on the other side decrying the ownership of both physical gold and physical silver.
Thursday, March 28, 2013
Gold Consfication - If You Don't Own your Bank Deposit, Do you Own your Gold? / Commodities / Gold and Silver 2013
Three New Realities
When it was announced that both large and small depositors were to have a percentage of them seized, it was not the amount that horrified the world but the discovery that you do not own your own bank deposits.
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Most investors worldwide are of the belief that when you deposit your money in a bank, it simply has safe-keeping of that money. The realization that you have lent the bank your money and are an "Unsecured Creditor" of the bank is an unpleasant revelation.
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The sight of deposits being confiscated by bank creditors and governments brought home this fact and blew away the illusion, never to be reinstated again, that you own your own money. The reassurances from Brussels that "this is not a template for future bailouts" do not remove the stark realities of the state of depositors from now on. The reality that your money can be confiscated in your bank brought home the meaning of the word, confiscation as a present and very real danger in the future, if the situation warrants it.
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Governments have the power to control your money through Capital and Exchange Controls in a bloc like the E.U. This can happen for a long time, probably, in an emasculated state, in a developed country. This is an additional shock to investors and depositors. Note that this is not Argentina or South Africa or Zimbabwe, but a member of the E.U. whose demise was caused by the E.U. through its handling of another member of the E.U., Greece!
Thursday, March 28, 2013
Gold Sustainable Trends and Unsustainable Ones / Commodities / Gold and Silver 2013
Today I’m going to start off with a look at the big picture. The next chart pretty much says it all.
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Thursday, March 28, 2013
No Significant Capital Flows Into Gold From So Called ‘PIIGS’ Yet / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,602.50, EUR 1,253.13 and GBP 1,057.41 per ounce.
Yesterday’s AM fix was USD 1,591.00, EUR 1,243.75 and GBP 1,052.39 per ounce.
Silver is trading at $28.60/oz, €22.44/oz and £18.97/oz. Platinum is trading at $1,583.00/oz, palladium at $768.00/oz and rhodium at $1,200/oz.
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Thursday, March 28, 2013
Jump in Euros Confirms Gold as Safe Haven as Cyprus Imposes Exchange Controls / Commodities / Gold and Silver 2013
The GOLD PRICE slipped back to $1600 per ounce Thursday morning in London, heading into the 4-day Easter weekend 1.3% higher from the start of March.
Silver bullion was flat for the month at $28.65 after recovering yesterday's sharp 2.3% drop.
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Thursday, March 28, 2013
End of the Gold Bull Market- Ignore Banks' Bearish Statements / Commodities / Gold and Silver 2013
Goldman Sachs has lowered its gold price projections and says the metal is headed to $1,200. Credit Suisse and UBS are bearish. Citigroup says the gold bull market is over.
So I guess it's time to pack it in, right?
Not so fast. As we've written before, these types of analysts have been consistently wrong about gold throughout this bull cycle. Another reason to disagree, however, is history; we've seen this movie before. In the middle of one of the greatest gold bull markets in modern history – the one that culminated in the 1980 peak – gold experienced a 20-month, one-way decline. Every time it seemed to stabilize, the bottom would fall out again. From December 30, 1974 to August 25, 1976, gold fell a whopping 47%.
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Wednesday, March 27, 2013
Gold Prices Will Explode Higher When These Investors Start Buying / Commodities / Gold and Silver 2013
David Zeiler writes: Until recently, an entire class of investors that control a huge pool of money - more than $27 trillion worldwide - have almost entirely ignored gold.
But lately, this group has begun to show more interest in the yellow metal, a trend that ultimately will exert massive upward pressure on gold prices.
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