Category: Gold & Silver 2009
The analysis published under this category are as follows.Friday, April 24, 2009
Here is a chart of gold that I have been following / Commodities / Gold & Silver 2009
Here is a chart of gold that I have been following.
Read full article... Read full article...
Friday, April 24, 2009
Gold Pushes Above $900 on News of China Hoarding Gold / Commodities / Gold & Silver 2009
THE SPOT PRICE OF physical gold bullion added a further $8 per ounce to yesterday's $13 jump in Asian trade Friday, hitting its best level in April so far on news that the Chinese government has sharply increased its Gold reserves.
Read full article... Read full article...
Friday, April 24, 2009
Gold and Silver Shops Springing Up to Buy Your Precious Metals / Commodities / Gold & Silver 2009
Ellis Martin and David Morgan Discuss the Golden Envelope
Ellis Martin: I’ve been noticing something that I have not seen here before, David. I’m in the Greater Los Angeles area and in just a four- or five-block radius from where I am, there are at least four or five gold and silver shops that have sprung up and by gold and silver shops, [I mean that] they want to buy whatever you’ve got. It’s quite a phenomenon.
Read full article... Read full article...
Thursday, April 23, 2009
Gold, Silver - Important Alert! / Commodities / Gold & Silver 2009
The Gold Direction Indicator is flashing another buy signal. This indicates that the pull-back that started late February is probably finished. A new rally is about to start.
Some of the monetary inflation that the Obama team is injecting into the system is starting to turn into price inflation.
Read full article... Read full article...
Thursday, April 23, 2009
Gold Hits Short Term High as Global Recession Sparks Risk Aversion / Economics / Gold & Silver 2009
THE PRICE OF PHYSICAL gold held above a one-week high early Thursday in London, recording its best Gold Fix in seven sessions at $894 an ounce as European stock markets flipped in and out of the red.
"It is risk aversion that is fuelling gold's rally," said one commodity analyst to India's Economic Times today.
Wednesday, April 22, 2009
Gold Bullion vs. Gold Mining Stocks Investing / Commodities / Gold & Silver 2009
Many investors believe their portfolios have exposure to gold and precious metals because they hold stocks in mining companies. Bullion and mining stocks should be viewed as two different investments. But as a safe haven, no gold or silver or platinum mining stock (or even an ETF) compares with actual physical bullion. Let’s examine why physical bullion is the superior investment to mining stock’s for long-term investors.
Read full article... Read full article...
Wednesday, April 22, 2009
Gold Gains in Sterling as Record UK Government Debt Sales Face Buyers' Strike / Commodities / Gold & Silver 2009
SPOT PRICES for physical gold held in a tight range early Wednesday in London, trading $10 below yesterday's one-week high at $885 an ounce for US investors.Read full article... Read full article...
Wednesday, April 22, 2009
Gold Price Forecast: Market-Long-Wave Analysis 2009-2012 / Commodities / Gold & Silver 2009
Apparently gold is "hard to value" since it doesn't have a cash flow (the gold game) (well actually until you decide to sell it has a negative cash flow because you got to keep it in vaults or nasty people are disposed to steal it).
Read full article... Read full article...
Tuesday, April 21, 2009
Gold Rallies as Stocks Drop, TARP Challenged as "Fraud, Waste & Abuse" / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold rose as the US opening approached on Tuesday, undoing all of last week's 3.5% drop and adding to yesterday's rally at $894 an ounce.
"[Monday's] move was driven by a sharp drop in equities," says today's technical Gold note from Mitsui, also here in London, "led by a jump in bad loans at the Bank of America and a drop in revenues of 11% at IBM.
Monday, April 20, 2009
The Gordon Brown Gold Rally Indicator Flashing a Buy Signal / Commodities / Gold & Silver 2009
As illustrated above, British Prime Minister Gordon Brown's serial attempts to persuade the International Monetary Fund to sell gold have proven to be one of the more reliable indicators of an impending price spike. Over the past decade, Brown has begged, pleaded and otherwise cajoled the IMF no less than four times to sell from its 3217 tonne hoard. Each of the first three attempts were stymied for one reason or another (mostly having to do with reluctance on the part of the U.S. Congress) and each was the harbinger of a major price rally. Brown's fourth and latest attempt to pry metal out of the IMF came during the early April meeting of G-20 in London.
Read full article... Read full article...
Monday, April 20, 2009
Gold Bounces as Volcker Challenges Inflation-Targeting and Bail-Out Policies / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL GOLD rose as the US opening drew near on Monday, jumping 1% from an AM Gold Fix here in London of $870 per ounce after losing value for the last four weeks running.
European bourses meanwhile fell, unwinding more than half of last week's 2.7% gains.
Sunday, April 19, 2009
How to Trade Gold Bullion and Gold Stocks Using Bullish Percent Cycles / Commodities / Gold & Silver 2009
So many people want to know how to trade gold and to be honest, if your patient enough to wait for a buy signal and low risk setup then trading gold can really pay off with only a few trades. This report shows a couple charts which I follow to help time my trades. My trading model allows us to trade any sector but I prefer to trade gold and oil because of the accuracy which they have provided in the past.
Read full article... Read full article...
Sunday, April 19, 2009
Silver Increasing Downside Risk / Commodities / Gold & Silver 2009
Silver has shown technical deterioration over the past week which is increasing the risk of it aborting the bullish Cup & Handle pattern that we had described in the last update. Specifically it closed below the important support at the mid-March hammer low as a result of Friday`s sharp drop. As we can see on the 1-year chart, it has not yet broken below the important support level shown, so it could still recover from here.
Read full article... Read full article...
Sunday, April 19, 2009
Gold and Silver Suffer Technical Deterioration / Commodities / Gold & Silver 2009
Both gold and silver have suffered technical deterioration over the past week with the result that they are now close to aborting the short to medium-term bullish scenario that was set out in the last update. Meanwhile, large Precious Metals shares are on the point of breaking down from their shallow uptrends in force from December - January after further losses this past week.
Read full article... Read full article...
Saturday, April 18, 2009
Gold and Silver Developing Bearish Formations / Commodities / Gold & Silver 2009
Since reaching its recent high in late February gold has been tracking a basic downward path. It closed on Friday at a new reaction low. Is this to continue into a new bear market move or are we in for a reversal ahead?GOLD LONG TERM
We’ve had an up move and a down move on that long term point and figure (P&F) chart shown last week but other than that there is no change to its message. It is still in a BEAR mode with a projection to the $705 level.
Saturday, April 18, 2009
Gold Confidence and Inflation / Commodities / Gold & Silver 2009
"You can fool all of the people some of the time and some of the people all of the time, but you can't fool all of the people all of the time, but you can give it a good go and discredit the rest who won't be fooled!" If it doesn't go like that maybe it should?
Read full article... Read full article...
Friday, April 17, 2009
Calm Before the Economic Storm - Safety in Gold and Silver / Commodities / Gold & Silver 2009
SilverStrategies.com editor Sean Rakhimov expects the economic crisis may go on for a generation even with (or because of) all the government intervention. In this exclusive interview with the Gold Report, he tells us he expects physical gold and silver to lead the parade. When picking stocks to buy now, he says investors have to decide for themselves whether a company will survive the washout; it may be tough going from here to there, but ignoring short-term market fluctuations and sticking with survivors should prove beneficial in the long run.Read full article... Read full article...
Friday, April 17, 2009
More Downside for Gold; Bottom in for Natural Gas UNG ETF / Commodities / Gold & Silver 2009
Just a word about gold, which since 2/16 has lost about 12% in value, while the S&P 500 Depository Receipts (SPY) has gained about 7%. The chart pattern on the daily Spot Gold chart from August 2008 to the present argues for still more weakness that presses prices towards a test and likely break of the early April low of $865.10 on the way to an optimal next target zone of $848-$843 prior to another significant rally effort.
Read full article... Read full article...
Friday, April 17, 2009
Is the Gold Rush Over? / Commodities / Gold & Silver 2009
Neil Kokemuller writes: Since 2000, gold has been one of the most consistent and high performing investments in the financial investment arena. The shiny natural resource has returned profit at an annual rate of return around 16 per cent during the last eight years. However, after setting a new all-time high at $1,020 per ounce early in 2008, gold has become somewhat stale. This has become especially apparent of late as investors have become more interested in moving back into more risky investments, including stocks.Read full article... Read full article...
Friday, April 17, 2009
Gold and Silver Fall Despite Firm Global Demand / Commodities / Gold & Silver 2009
Gold and silver fell yesterday (1% and nearly 4% respectively) as strength in the dollar and increasing risk appetite, as seen in rising equity indices, saw the precious metals come under pressure.Read full article... Read full article...