Category: Gold & Silver 2009
The analysis published under this category are as follows.Thursday, November 26, 2009
COMEX Gold Shorts Confronted by Huge Investment and Central Bank Demand for Bullion / Commodities / Gold & Silver 2009
Gold is currently trading near record nominal highs in dollars, euro and sterling at $1,185/oz, £717/oz and €786/oz respectively. New levels of resistance and support in dollars are $1,197/oz and $1,171/oz. In dollar terms gold reached a new record nominal high at $1,195/oz overnight in Asia.
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Thursday, November 26, 2009
Investors Buy Gold As Central Banks on Course to Crash World Economy / Commodities / Gold & Silver 2009
Investors buy gold when there is inflation and when there is a flight to quality. They buy gold when they no longer trust currencies, due to government or central bank profligacy. Due to those and other reasons gold has broken out to new highs. It could well be that gold may never see $1,000 again. Long ago the world’s central banks set the course for a planned collapse of the world economy to implement world government and there is now no turning back. We have proof stretching back to 1965 that intervention by the Treasury and the Fed was taking place in the gold market.
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Thursday, November 26, 2009
Is the World Ready for This Gold Rally? / Commodities / Gold & Silver 2009
Meanwhile, in yesterday’s market action…the big thing that happened was the same thing that seems to happen every day lately. Gold hit a new record high. It rose almost $18 to close at $1,164.
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Thursday, November 26, 2009
Gold and the United States Lost Stock Market Investment Decade / Commodities / Gold & Silver 2009
As we enter a new decade we are compelled to point out what, in our opinion, is the “Lost Decade” of the United States. The financial media, brokerage houses and advisors have done a good job promoting the opportunity of owning US Equities, and as a result the average investor continues to wait and hope that their cookie cutter, simplistic investment strategies will provide for their future.
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Thursday, November 26, 2009
The War Between Gold and the Fiat Currency State / Commodities / Gold & Silver 2009
It really is a war of this proportion. It really is the Gold holder versus "The State" when there is a paper fiat currency system in place. The U.S. Mint has suspended American Gold Eagle coin production AGAIN, citing rising demand (link here).
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Wednesday, November 25, 2009
Gold Price Blast Off to Mind-boggling Levels for Good Reason! / Commodities / Gold & Silver 2009
Arnold Bock writes: We are staring at a nascent but potentially and probably startling increase in the price of gold and precious metals mining stocks and warrants. Gold will reach mind- boggling levels because the actions of our political leaders and their academic and credentialed enablers are virtually guaranteeing it with their current actions.
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Wednesday, November 25, 2009
Gold Emergency Orders and Exchange Controls / Commodities / Gold & Silver 2009
You can't keep a good market down. Nor a bad market up...
ON 18 SEPTEMBER 2008 – three days after the collapse of Lehman Bros. – US regulator the Securities & Exchange Commission issued what it called an "emergency order" banning the short-selling of 799 financial stocks.
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Wednesday, November 25, 2009
How and Why China Will Flood the Gold Market With Demand / Commodities / Gold & Silver 2009
As you read this, the Chinese government is doing an extraordinary thing... something nearly unheard of in the modern world.It is encouraging citizens to put at least 5% of their savings into precious metals.
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Wednesday, November 25, 2009
Big Players Get Physical with Gold / Commodities / Gold & Silver 2009
Over past years, we at Euro Pacific have taken an increasingly jaundiced view of paper currencies and written repeatedly about gold as an alternative. Along the way, we have urged investors to consider both the security and physical accessibility of their gold investments, and have advocated for at least some holdings to be in physical form. There are those who may have felt our views were overly cautious, even alarmist. Now, however, it is increasingly clear that major investors, including even central banks, are following our advice. Meanwhile, we continue to set the curve by calling for an even greater share of investors' portfolios to be in physical bullion or secure equivalents.
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Wednesday, November 25, 2009
Silver SLV ETF May Play Catch-Up to Gold / Commodities / Gold & Silver 2009
It is staggering to think that spot gold prices have rocketed well beyond the Jan 1980 high, while spot silver prices are about 60% off of the 1980 high. Let’s notice that the silver price structure is heading for a confrontation with its long-term resistance line, now at $19.93, which if hurdled and sustained just might be the catalyst for upside acceleration that plays catch-up in a hurry with the advance in gold prices.
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Wednesday, November 25, 2009
Smart Money Invested In Precious Metals, But is a Top Close? / Commodities / Gold & Silver 2009
At Sunshine Profits we’re holding gold and we find ourselves in very good company with some of the world’s biggest players. The smart money is definitely in.
Central banks are net buyers of gold for the first time in 22 years.
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Wednesday, November 25, 2009
Gold Hits 19th Record in 37 Sessions / Commodities / Gold & Silver 2009
THE PRICE OF GOLD broke fresh record highs vs. the Dollar for the 19th session since Oct. 6th early Wednesday in London, trading above $1180 per ounce as the US currency fell with government bonds.
World stock markets reversed yesterday's drop to approach new 14-month highs.
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Wednesday, November 25, 2009
Central Banks in Gold Bidding War? / Commodities / Gold & Silver 2009
Gold has rallied to new record nominal highs (in dollars, euros and pounds) and is currently trading at $1,176.40/oz, £705/oz and €784/oz respectively. New levels of resistance and support are $1,186/oz and $1,158.43/oz.
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Tuesday, November 24, 2009
Silver and Gold as Currency / Commodities / Gold & Silver 2009
Gold and silver have a 6000 year history for their use as a currency, and until the last century, the price of gold and silver maintained a healthy valuation ratio of 1 ounce of gold to every 15 ounces of silver. This purchasing power ratio is strengthened by the fact that there are 17 ounces of silver for every 1 ounce of gold in the earth's crust, although physical silver stocks have dwindled, as the metal is used in a wide variety of industrial applications.
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Tuesday, November 24, 2009
Why Silver Will Outshine Stocks / Commodities / Gold & Silver 2009
As the stock market recovers due to inflationary actions by world governments and banks, silver has taken a ride on the coattails, moving higher each day stocks head higher. However, with calamity in the stock market all but forgotten, silver will undoubtedly outpace any recovery in the stock markets.
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Tuesday, November 24, 2009
Gold, A Cyclical Recipe for Disaster / Commodities / Gold & Silver 2009
Is Gold cyclical? Is a bullish consensus in which 97% of gold traders are bullish justified? Will my theory of relativity work on the barbarous relic? Lets take a look.
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Tuesday, November 24, 2009
Lawrence Roulston's Bringing Base Metals into the Spotlight / Commodities / Gold & Silver 2009
With perhaps a short-term correction in store for gold, Resource Opportunities editor and publisher Lawrence Roulston is leaning toward base metals for more impressive gains in the coming months. And as he tells The Gold Report readers in this exclusive interview, the growth outlook for base metals doesn't rely solely on flourishing demand from developing nations. He also reminds us that "while most people focus on the day-to-day ups-and-downs in metal prices. . .the big money comes with owning a little company that proves up a big deposit."
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Tuesday, November 24, 2009
Gold Mount St Helens About to Explode Higher / Commodities / Gold & Silver 2009
Not in the last few years have conditions been aligned for a truly explosive upward move in the gold & silver prices. A confluence of factors simply could not be more bullish, promising, and powerful. The psychology has also been raised in awareness on a global basis, as financial centers, media networks, and common folks have coordinated their recognition of the gold bull. They comprehend perhaps two or three of the main factors why gold is rising, out my stated list in a recent article "13 Reasons For a Major Gold Breakout" in September (CLICK HERE). The trio of fundamentals, psychology, and technical chart constitute the trifecta that will push gold & silver to extreme heights, and crush the silly shorts with their myopic half-baked tactics that are certain to make them roadkill, then someone else's lunch.
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Tuesday, November 24, 2009
Gold Hits Fresh Record Higher in USD, Euro and GBP / Commodities / Gold & Silver 2009
THE PRICE OF WHOLESALE gold in the professional market hit a new record London Fix of $1170.25 an ounce early Tuesday, while Asian stock markets closed the day lower and the US Dollar slipped on the forex market.
Crude oil also fell back. Government bonds ticked higher. One London gold dealer noted a "sense of disappointment" that gold failed to reach $1200 an ounce last night as the December option contract expired.
Tuesday, November 24, 2009
How Long With the Gold Bull Market Run? / Commodities / Gold & Silver 2009
The train left the station with gold stock prices on board as we predicted months ago but fear not if you are not already aboard as there are always “stops” (read that as “dips”) along the way. These dips should be bought because the rally is running along nicely and you know what they say... the trend is your friend.
Profits are still there to be made and in my humble opinion the best is yet to come, the next station for boarding is only a week or two ahead. This will not be very deep just a nice safe entry point for those who like to time their market entry.
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