Category: Gold & Silver 2009
The analysis published under this category are as follows.Thursday, August 13, 2009
Gold, Silver, Oil and Gas Continue to Trade At their Pivot Points / Commodities / Gold & Silver 2009
Commodities continue to trade at their pivot points while the pressure rises!
As mentioned in my last report precious metals are trading at support, this is referred to as a pivot point. With any luck we will see gold and silver rally Thursday and Friday, but it that fails I figure PM’s will slide quickly to lower levels.
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Thursday, August 13, 2009
Get Ready to Buy Gold / Commodities / Gold & Silver 2009
Dominic Frisby writes: Regular readers will know I have been looking for an 'entry point', a good time to buy gold sometime in the summer. Yet, except for a momentary blip a fortnight ago, there has been no sell-off of any great note. Gold continues to range-trade between about $970 per ounce on the upside and $910 on the down.
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Thursday, August 13, 2009
Unwanted Bequests of Gold, Debt and Bankruptcy / Commodities / Gold & Silver 2009
"If gold is 'past its day', what of toxic derivatives and today's deluge of US Treasury bonds...?"
JUST LIKE poor Pip in Dickens' Great Expectations, central banks keep inheriting unwelcome bequests.
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Wednesday, August 12, 2009
Gold and U.S. Dollar Relationship / Commodities / Gold & Silver 2009
When it comes to Gold, there is actually too much focus or incorrect focus on the US Dollar. The fact is that throughout this bull market, Gold has been leading the US Dollar. In other words, the breakouts in Gold occur well in advance of the breakdowns in the dollar. Also, bottoms in Gold occur in advance of tops in the dollar. See the chart below.
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Wednesday, August 12, 2009
Is Silver Overvalued, Undervalued or Priced Just Right? / Commodities / Gold & Silver 2009
From an investor standpoint the merits of owning physical silver has been laid out a number of times over the pages of the internet by some very astute analyst's who follow the metals markets. While physical silver is not new, it has recently come into vogue over the past few years as investors more and more are seeing the folly of fiat currency and those who control it and therefore turn to the gold and silver markets as a means of preserving wealth and purchasing power and yes, of course, speculation.
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Wednesday, August 12, 2009
Gold Dips Ahead of Fed Decision on Interest Rates and Quantitative Easing / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL GOLD bounced from new August lows Wednesday lunchtime in London, trading at $945 an ounce as the US Dollar pulled back from new two-week highs on the currency market.
Crude was little changed below $70 per barrel, while Asian stocks caught up with yesterday's sell-off in New York. European shares gave back an early 1% bounce as government bonds pushed higher again.
Wednesday, August 12, 2009
Gold Slips as Short-term Dollar Strength Continues / Commodities / Gold & Silver 2009
The continued, short term strength of the dollar has seen gold’s safe haven and hedging attributes tested against the dollar today and the metal has slipped from $947/oz to $940/oz. However, these same attributes are coming to the fore against sterling.
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Wednesday, August 12, 2009
Gold and Europe's Central Bankers / Commodities / Gold & Silver 2009
Charles E. Carlson writes: According to the Associated Press: ÈEurope's 19 central banks, including the European Central Bank, the Swiss National Bank and the Sveriges Riksbank agreed to put a new five-year cap on gold sales. These institutions decided that their annual sale of gold will not exceed 400 tonnes over the five-year period and total sales will not exceed 2,000 tonnes. The Swiss National Bank said it has no plans for any further gold sales in the foreseeable future. With gold holdings amounting to 1,040 tonnes, it holds a substantial part of its currency reserves in the form of gold." (http://news.ino.com/..)
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Tuesday, August 11, 2009
Beware Gold is Setting itself up for the buy of a lifetime / Commodities / Gold & Silver 2009
Beware: Gold is setting itself up for "the buy of a lifetime." Only the resource we're about to share with you will help you prepare for it.
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Tuesday, August 11, 2009
Silver Beating Gold as Miners De-Hedging positions / Commodities / Gold & Silver 2009
GOLD HELD FLAT Tuesday morning in London, adding 0.6% from yesterday's 7-session low as Asian stock markets rose but European shares reversed early gains.
Oil futures were little changed below $71 per barrel despite news that China's crude imports jumped by 18% in July to a new monthly record.
Tuesday, August 11, 2009
U.S. Dollar Temporary Rally Hits Gold / Commodities / Gold & Silver 2009
With the recent US non-farm payroll data being better than expected, the dollar experienced a bit of a rally. On the back of this, gold was hit by a bout of profit taking and dipped to $942/oz. It is now regaining some ground and climbed back up to $949/oz this morning.Read full article... Read full article...
Tuesday, August 11, 2009
GOLD Analysis and Trading Strategy for August 2009 / Commodities / Gold & Silver 2009
It’s really getting interesting in the goldmarket. The big question is: “Will Gold break through the US$1000 level and advanced to new alltime highs or will it once again fail while trying ? To be honest: I am still quite sceptic at the moment. I expect another sell off, before Gold can run to new highs, but let’s have look at the charts first.
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Monday, August 10, 2009
Ride the Gold Juggernaut / Commodities / Gold & Silver 2009
Sean Brodrock writes: The U.S. dollar is in a world of hurt, and that means the golden juggernaut — the long-term rise of gold — is gathering steam.
What do I mean by a world of hurt? I mean the U.S. dollar tumbled below crucial support. Oh sure, it could bounce higher for a bit — nothing travels in a straight line — but the easiest path for the greenback is lower.
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Monday, August 10, 2009
Gold Falls as Low Summer Demand Faces Record Scrap Supply / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell 1.1% to a 7-session low Monday lunchtime in London, dropping to $945 an ounce as European stock markets slipped back from Friday's new 10-month highs.
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Monday, August 10, 2009
Gold Vulnerable to Short-term Correction / Commodities / Gold & Silver 2009
As the dollar regained some of its recent losses, gold has fallen off slightly and is currently trading at $953/oz. Although it may be vulnerable to a correction in the short term, this will merely serve as an excellent buying opportunity. When even the most gold phobic investment managers are predicting new highs in gold, recent analysis stating that gold will have a very bullish end to 2009, should not go unheeded.
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Monday, August 10, 2009
Elliott Wave Theory Suggests Bearish Outlook for Silver / Commodities / Gold & Silver 2009
Silver was decimated in last year’s market rout falling by over 80% in just seven months. Part of the reason is that it is not just bought for investment or jewellery purposes but is an industrial metal as well. Most people think of its industrial use in photography, but in fact it has myriad uses in the medical field because of its antibacterial qualities and more recently in creating superfibres for the clothing industry.
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Sunday, August 09, 2009
Silver Relative Strength Signaling Precious Metals Warning / Commodities / Gold & Silver 2009
In the last update it was pointed out that silver looked stronger than gold, and it has since outperformed gold significantly, which in itself is a warning that the uptrend in the broad stockmarket is mature. However, the larger trend for silver must be classified as neutral at this time.
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Sunday, August 09, 2009
Gold Promising Technical's May Give Way to Downside Shakeout / Commodities / Gold & Silver 2009
Gold's technical's have been looking very promising in the recent past, but there have been two worrying developments over the past couple of weeks which suggest that we may be about to see a vicious shakeout rather than the breakout to new highs that so many are anticipating. One of these developments has been the very high number of advisors calling for an upside breakout on public website's, as many of you will be aware, and the other is the trend of COT data, with the latest figures being at levels that have in the past almost always signaled a reversal to the downside.
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Sunday, August 09, 2009
Gold Declined as U.S. Dollar Rallied, What's Next? / Commodities / Gold & Silver 2009
The evil nemesis in the 1964 James Bond movie is international bullion dealer Auric Goldfinger who is stockpiling vast quantities of gold. Bond investigates at the request of The Bank of England and soon uncovers a dastardly plan by Goldfinger and Chinese agents to bring economic chaos to the West by irradiating the U.S. gold supply at Fort Knox with an atomic device, rendering it useless for 58 years. This would greatly increase the value of Goldfinger’s own gold supply and give the Chinese increased power following economic chaos in the West. Bond dodges steel-rimmed killer hats, overcomes Goldfinger’s sexy pilot and saves the day.
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Sunday, August 09, 2009
Gold Versus Stocks, the Trade of the Decade / Commodities / Gold & Silver 2009
Stocks have been a terrible investment over the past decade and they are about to get worse. Gold has been one of the best if not the best investment over the past decade and is about to get better. When you examine investments via relative merits, Gold has trounced general equities. Gold has also trounced paper cash, regardless of the fiat currency held, as well as real estate and commodities over the past decade.
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