Category: Gold & Silver 2009
The analysis published under this category are as follows.Thursday, June 04, 2009
Buffett Gets 'Comeuppance' After Gold Outperforms / Commodities / Gold & Silver 2009
Bloomberg have covered our recent research concerning Warren Buffett's Berkshire Hathaway poor performance versus gold in recent years. Buffett is the most successful investor in the world but his lack of diversification and almost exclusive focus on equities may bring further pain to his shareholders in the coming years.
Read full article... Read full article...
Thursday, June 04, 2009
Germans Can Now Buy Gold Through Vending Machines / Commodities / Gold & Silver 2009
A vending machine selling tiny gold bars was launched at the main railway station in Germany’s Frankfurt-am-Main. The ATM machine, the size of a phone-booth and shaped as a gold bar, was installed in the financial metropolis of the European Union, Itar-Tass news agency reports.
Read full article... Read full article...
Thursday, June 04, 2009
Gold Trading Update: Time to Lock in Profits? / Commodities / Gold & Silver 2009
I thought that I would send out a quick update on the gold sector to show where prices stand from a technical point of view for those of your wondering what to do with today’s sell off.
Read full article... Read full article...
Wednesday, June 03, 2009
Gold, Silver and Crude Oil On Fire! Breaking Out to New Highs! / Commodities / Gold & Silver 2009
June 1st, 2009 Issue #40 Vol. 3Read full article... Read full article...
Wednesday, June 03, 2009
Gold Fails After Trying to Push Through $990 / Commodities / Gold & Silver 2009
Precious metals gained across the board Tuesday. Gold is once again trying to push through the $990 level and could be the one to watch over the next few days. A test of its year-to-date high of $1,005 could possibly be on the table in the near term as the weakening of US dollar continues. Silver is fast approaching a significant resistance of $16.43. Having touched $16.27 it is currently retreating back below $16.00.
Read full article... Read full article...
Wednesday, June 03, 2009
Gold Rally Corrects After Strong Bull Run / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL gold dropped 1.5% from new 14-week highs in lunchtime trading in London on Wednesday, turning higher from $975 per ounce as equity markets fell and the US Dollar rallied on the foreign exchanges.
Read full article... Read full article...
Tuesday, June 02, 2009
Gold vs the Worlds Major Currencies / Commodities / Gold & Silver 2009
A single chart of gold priced in the world's top 10 currencies, weighted for GDP...
ONE THOUSAND DOLLARS doesn't buy what it used to – not for non-US investors, at least.
Read full article... Read full article...
Tuesday, June 02, 2009
Gold Going Mainstream, Time to Buy or Sell? / Commodities / Gold & Silver 2009
As Good as Gold, says the Financial Times in a May 8th essay. To quote. “The glistering store of value, unwanted in 1999, is back in fashion.” All one needs to do is “buy and hold.”
Read full article... Read full article...
Tuesday, June 02, 2009
Gold Rallies on US Hyper-Inflation Fears as U.S. Dollar Continues to Fall / Commodities / Gold & Silver 2009
THE PRICE OF WHOLESALE GOLD bounced in London on Tuesday morning, reaching $983 an ounce for Dollar investors and recovering from near 5-week lows versus the British Pound.
The Gold Price in Euros held steady at €689 as the single currency also leapt, jumping to new 2009 highs against the Dollar above $1.4270.
Tuesday, June 02, 2009
Gold as Cool as Silver / Commodities / Gold & Silver 2009
Commodities across the board rallied significantly yesterday on signs of economic recovery that heralded the return of risk appetite. The upshot of this meant that the beleaguered dollar had another punishing day and this weakness pushed gold to $988.50. The next level of resistance is $999, with the $1000 mark likely to be breached soon thereafter. Gold's monthly close of $978.90 is bullish and shows that its current rally is sustainable. Silver touched $15.63 and has had its largest monthly increase since 1987 - up 27% for the month of May.
Read full article... Read full article...
Monday, June 01, 2009
Gold Jumps Towards $1000 as US Dollar Sinks As Treasury Bonds Tumble / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL GOLD jumped in US Dollars for the third session running early Monday in London, recording the best AM Gold Fix since Feb. 24th at $987 per ounce.
Stock markets also leapt worldwide – up more than 3.0% in Frankfurt – while commodities added to last month's 34-year record gains.
Monday, June 01, 2009
Bob Prechter: Gold is Still Money / Commodities / Gold & Silver 2009
By Robert Prechter, CMT
The following article is excerpted from a brand-new eBook on gold and silver published by Robert Prechter, founder and CEO of the technical analysis and research firm Elliott Wave International. For the rest of this fascinating 40-page eBook, download it for free here.
Read full article... Read full article...
Monday, June 01, 2009
Gold, Silver and Crude Oil On Fire! Breaking Out to New Highs! / Commodities / Gold & Silver 2009
The charts below quickly give you a visual as to where each commodity is trading in relation to intermediate and short term support and resistance levels, chart patterns and trend lines.
Read full article... Read full article...
Sunday, May 31, 2009
Gold and Commodities Breakout? / News_Letter / Gold & Silver 2009
Dear Reader
Gold ended the week sharply higher at $977, now within touching distance of $1000 and beyond. However before you decide to invest ensure to read the timely 40 page Ebook on gold and silver analysis prepared by our colleagues at EWI, that may change the way you think about precious metals. Learn more about the Free Special 40-page Gold and Silver eBook here.
Read full article... Read full article...
Sunday, May 31, 2009
Where Is Silver Heading Next? / Commodities / Gold & Silver 2009
Excitement has returned to the silver market as the sister metal of gold advances to highs not seen for ten months. Where is silver headed? Will it take out $21 with ease and head onto highs that evoke memories of 1979?
Read full article... Read full article...
Sunday, May 31, 2009
Either Stocks Will Fall 37% Or Gold Will Rally 60% / Commodities / Gold & Silver 2009
How’s this for a bubble?
In 1965 one in ten Americans owned stocks. It took 25 years for stock ownership to double. And most of that growth came between 1983 and 1990 with the introduction of 401(k)s, IRAs and other stock-based retirement plans: suddenly anyone with a large scale employer could invest in stocks without having to open a brokerage account.
Read full article... Read full article...
Sunday, May 31, 2009
Gold Continues its Strong Drive Higher / Commodities / Gold & Silver 2009
Well, which is the driving force, the U.S. $ plunge or the gold price rise? Who cares as long as gold is on the rise, right? There still are a couple of resistance levels for gold to overcome but they may not be all that serious.
Read full article... Read full article...
Saturday, May 30, 2009
Gold Knocking on the $1000 Door / Commodities / Gold & Silver 2009
Gold investors know all too well the psychological importance of $1,000 gold. The yellow metal's been hovering frustratingly near that level for weeks after briefly surpassing it in February. According to John Kaiser, editor of the Kaiser Bottom-Fishing Report, "we're getting very close." In this exclusive interview with The Gold Report, John shares his "modest" price forecast of $1,300 - $1,400 within the next six months and presents strategies for gold companies looking to create value.
Read full article... Read full article...
Friday, May 29, 2009
Five Reasons To Be Bullish On Gold / Commodities / Gold & Silver 2009
Before getting to our analysis, let me first state that I hate snappy titles like the one I have used for this article. You know, "4 Reasons To Be Bullish On Blah, Blah, Blah....". They feel self-promotional and somewhat amateurish to me, and this makes me nervous. I always prefer to be business like in my approach and let the objectivity of my tools (i.e., indicators) do the talking.
Read full article... Read full article...
Friday, May 29, 2009
U.S. Gold Reserves , Going or Completely Gone? / Commodities / Gold & Silver 2009
This past Tuesday evening I found myself reading a snippet from Enrico Orlandini’s, DTAnalysis [DT stands for “Dow Theory”] - where Mr. Orlandini opined,
"I believe the [U.S.] trade gap will surprise people and continue to shrink and may even turn positive for the first time in decades. Unfortunately, this will only facilitate the flow out of the US dollar and bond and that’s not a good thing.”
Read full article... Read full article...