Category: Gold & Silver 2009
The analysis published under this category are as follows.Tuesday, August 25, 2009
Gold $1000 or Bust / Commodities / Gold & Silver 2009
Listen carefully, dear gold bug. You are living in a world which is insane. All around you are the incredibly stupid people who, in the past, believed that the earth was flat and that one could fly by standing on a magic carpet. From every source of opinion comes the 21st century version of those beliefs.
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Tuesday, August 25, 2009
Gold Stuck in Narrow Range, Waiting for the Seasonal Rally / Commodities / Gold & Silver 2009
THE PRICE OF GOLD pushed higher overnight in Asia and early Tuesday in London, unwinding half of yesterday's 1.5% drop as the US Dollar eased back, together with world stock markets.
Crude oil retreated from Monday's new 2009 highs, while government bond prices rose.
Monday, August 24, 2009
American's Striving to be Free / Commodities / Gold & Silver 2009
Well, our world is definitely in the throes of wild and wooly change.
The United States has begun losing its dreams. It doesn’t even know how to dream anymore. Its only goal is getting rich in the next bubble. Its only hope is winning 1 million dollars by retirement. Doesn’t want to make anything. Doesn’t want to produce anything. Walla! Its dreams are being answered. All the jobs are south and east. So, with no worry over the difficult task of employment the US can concentrate on its hope of prosperity without producing anything.
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Monday, August 24, 2009
Gold Still Range Bound But Investors Hedging Their Bets on Dollar and Stocks / Commodities / Gold & Silver 2009
THE PRICE OF GOLD briefly added to last week's gains early in London on Monday, rising to $957 an ounce before slipping back as Asian equities jumped and European shares hit fresh 10-month highs.
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Monday, August 24, 2009
Potential Potholes in Economic Recovery, Gold Patience Required Ahead of Seasonally Strong Period / Stock-Markets / Gold & Silver 2009
Economy - Bank of Israel Governor Stanley Fischer had some interesting comments at the annual symposium sponsored by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming, that addressed some of the potential potholes on the road to recovery:
"Growth does appear to be beginning to resume. Much remains to be done, not least in bringing banking systems back to health, and there are good - though not conclusive - reasons to fear a sub-standard recovery."
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Sunday, August 23, 2009
Silver Unusual Divergence From Strengthening Gold / Commodities / Gold & Silver 2009
There has been an unusual divergence between silver and gold over the past few weeks - gold's COT structure has improved while silver's has continued to deteriorate, against a background of a technical picture that looks considerably weaker than that for gold.
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Sunday, August 23, 2009
Gold Upside Breakout Alert! / Commodities / Gold & Silver 2009
UPSIDE BREAKOUT ALERT: gold is now believed to be very close to an upside breakout to new highs, a development that should lead to a rapid advance towards the $1300 area, and it should be noted that this scenario will not be negated by a brief sharp drop that may be aimed at wrong-footing a lot of traders.
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Sunday, August 23, 2009
Gold and Silver Mining stocks are Trading Sideways, Consolidation or Another Top? / Commodities / Gold & Silver 2009
Various news media reported this week that demand for gold sank to a five and a half year low in the second quarter of 2009 after jewelry consumption dropped by more than one fifth. This sounds discouraging, but before jumping to final conclusions, let’s take a closer look at the data itself (courtesy of World Gold Council). Let’s keep in mind that journalists can sometimes slant the figures, or ignore those that don’t fit their story.
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Sunday, August 23, 2009
Gold Sideways Megaphone Pattern Continues, Is the U.S. Dollar the Key? / Commodities / Gold & Silver 2009
Gold is still in that megaphone pattern and still going nowhere but sideways. One would expect that it can’t continue like this much longer but who knows?
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Saturday, August 22, 2009
Profiting From the Showdown at the Precious Metals CorralĀ / Commodities / Gold & Silver 2009
The Fundamentals for Gold and Silver have rarely been more bullish.
Peace has not “broken out” in many places in the world.
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Friday, August 21, 2009
Get Out of the U.S. Dollar for Gold or Euro's? / Commodities / Gold & Silver 2009
Correlations come and go, but the path of Euros and gold rarely diverge vs. the Dollar...
"The DOLLAR is not a good store of value," says Nobel prize-winner Joseph Stiglitz, finally catching onto the last nine decades' 95% loss of purchasing power.
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Friday, August 21, 2009
Big Autumn Silver Bull Market Rally Forecast / Commodities / Gold & Silver 2009
Silver’s fundamentals offer plenty of reasons to be bullish in the coming years. Relentlessly growing global investment demand coupled with reduced production is a recipe for much higher prices. With something like 3/4ths of all the silver mined globally being merely a byproduct, primarily of base metals, supplies will remain constrained. Investors will have to compete in a tiny market for this scarce metal.
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Friday, August 21, 2009
Gold Jumps as Bernanke Speaks, Long Dull Summer Nears Its End / Commodities / Gold & Silver 2009
THE PRICE OF GOLD leapt towards the start of New York trade on Friday, adding $10 inside five minutes and reversing the last fortnight's drop as European shares rose to fresh 10-month highs.
Unwinding all of August's 2.3% loss above $955 an ounce, gold also rose against the other major currencies, hitting one-week highs for Japanese, Euro and UK investors.
Friday, August 21, 2009
China Offering Silver Bullion to Chinese Public / Commodities / Gold & Silver 2009
Recently it was announced on a Chinese news service that silver bullion is now being offered to the Chinese public. Please note this is a very small operation and at this point none of us knows if this will really catch on with the Chinese investing public.
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Thursday, August 20, 2009
Gold Symmetrical Triangle Continues to Develop / Commodities / Gold & Silver 2009
As we discussed in Tuesday’s MarketMinute, a symmetrical triangle has emerged in the spot gold market since the last probe above $1,000 back in February. As the apex of the triangle is approached, an eventual breakout becomes more and more imminent.
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Thursday, August 20, 2009
Gold Dips as Investors Now Seeking Insurance Not Safe Haven / Commodities / Gold & Silver 2009
The PRICE OF GOLD slipped back from yesterday's 1.2% jump in quiet London trade on Thursday, dipping below $940 an ounce as European stock markets rose for the third day running.
Government bonds were flat, with 10-year US Treasury yields staying near this week's lows at 3.48%.
Thursday, August 20, 2009
Gold Benefits from PIMCO and Buffet Dollar Warning / Commodities / Gold & Silver 2009
Gold was under pressure for most of yesterday. However, the overly pessimistic view of the metal lifted in the late afternoon and it staged a good comeback, gaining $10/oz in under an hour. Two of the most respected investment powers in the US - PIMCO bond fund and Warren Buffet warned yesterday regarding risks posed to the dollar and this will have supported gold.
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Thursday, August 20, 2009
Investing in Financial Chaos Record Gold Growth! / Commodities / Gold & Silver 2009
Are you worried about your investment portfolio because of last year's poor returns and are you now wondering what to do going forward? If you are concerned, you are not alone. Investors are so terrified of the markets they are willing to put their money into bonds and receive next to no interest, just so they don't continue to lose their investments principle. In today's investing environment fear and confusion is understandable; but is it necessary? We don't think so. At investmentscore.com we do our best to simplify our investment strategy to increase our probability of success. How?Read full article... Read full article...
Wednesday, August 19, 2009
How to Earn Income From a Stale Gold Share / Commodities / Gold & Silver 2009
In keeping with the theme we promised in the last issue of the Residual Income Report, we hereby present the second instalment in our series, Get Smart; Get Gold Income.
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Wednesday, August 19, 2009
Gold Slips Again But Big Investment Funds Showing Interest / Commodities / Gold & Silver 2009
THE PRICE OF GOLD gave back another strong Asian bounce on Wednesday morning in London, dropping back to $935 per ounce as world equities fell, led by a fresh plunge in China's stock market.
The Dollar rose, government bonds hit a one-month high, and crude oil dropped back below $69 per barrel.