Category: Gold & Silver 2009
The analysis published under this category are as follows.Friday, May 29, 2009
Gold Follows Equity Markets Higher / Commodities / Gold & Silver 2009
THE SPOT PRICE of wholesale gold jumped for the second day running on Friday – but only in Dollars – reaching its best London Gold Fix since Feb. 26th at $972 an ounce.
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Friday, May 29, 2009
Four Easy Ways to Trade Gold With ETFs / Commodities / Gold & Silver 2009
Ron Rowland writes: Have you noticed? Gold is starting another run on the $1,000 mark. From April 17 through May 26, gold bullion jumped from $ 867.90 to $953.90 an ounce — a 10 percent gain in less than six weeks. Right now gold may be a little ahead of itself. But I suspect it will be challenging the all-time high of $1,032.70 hit on March 17, 2008, in the near future.
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Friday, May 29, 2009
Silver Long Term Trend / Commodities / Gold & Silver 2009
Forgive the generic title, and boring at that, but hopefully the readership of this and other missives penned by this writer will bring this important topic to light. Although I could go on and on about the long-term price forecast for silver, that is not what this week’s article is about.
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Thursday, May 28, 2009
The Myth of Government Gold Confiscation / Commodities / Gold & Silver 2009
Recently I have seen a few articles speculating whether President Obama would decree the confiscation of private gold holdings from US citizens. This is seen as a counter against the perceived inflation surge that many believe will wash over America and the world in years to come as a result of the huge debt load that the credit crunch has instigated. In fact, I have even seen speculations about mining companies being nationalized - even silver mining companies!
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Thursday, May 28, 2009
Silver Rally Running out of Steam Time to Lock in Profits / Commodities / Gold & Silver 2009
The technical outlook on the silver market does not look all that strong when looking from a distance. I like to keep eye on the longer term trend lines for possible support and resistance levels which are easily missed if you only follow the daily charts.
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Thursday, May 28, 2009
Gold and HUI Gold Stocks Hit Resistance, Risk of Pullback / Commodities / Gold & Silver 2009
Gold stocks have been performing well but I cannot help but notice that the gold sector has reached a major resistance levels on the monthly chart. As much as I would like gold stocks to continue higher we must be ready for a pullback.
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Thursday, May 28, 2009
COMEX Gold Price Manipulation Stress Near Breaking Point / Commodities / Gold & Silver 2009
Major dislocations are coming. Tremendous disruptions are coming. Price discontinuities are coming. Price chart patterns might be rendered useless soon. Last week, the case for a grand Paradigm Shift was made, covering many elements in order to paint a mosaic. Taken in isolation, any one point is important in its own right, but not enough to convince of a structural change. Taken in entirety, the many points create a full picture that is more easily recognized. The ruinous events of the Wall Street banks last September and October surely served as an extreme event loaded with profound disruption.
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Wednesday, May 27, 2009
Gold Is... All things to All Men / Commodities / Gold & Silver 2009
"I am made all things to all men, that I might by all means save some..." - 1 Corinthians, 9:22
FOR AN INERT LUMP, sitting there at No.79 in the periodic table, gold sure is a busy metal these days.
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Wednesday, May 27, 2009
Gold and Silver Buying Opportunity 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.
Do you invest in precious metals? Should you?
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Wednesday, May 27, 2009
Silver SLV ETF Poised to Accelerate Higher / Commodities / Gold & Silver 2009
Some of our subscribers have asked why we prefer the iShares Silver Trust ETF (NYSE: SLV) rather than the SPDR Gold Shares (NYSE: GLD). For the most part, the SLV exhibits an intermediate-term pattern that I perceive to be much more combustible than the GLD, largely because of the scarcity of overhead significant resistance until prices reach the vicinity of 16.00 (whereas the GLD has serious resistance between 95 and 98). In addition, if in fact the global stimulus money has worked its way into the hands of consumers and manufacturers, then the industrial uses of silver worldwide should create increasing demand for the metal, which compliments its somewhat precious metal status.
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Wednesday, May 27, 2009
What Moves Up 3 Times Faster Than Gold? / Commodities / Gold & Silver 2009
The dollar is out. The U.S. dollar index has fallen 5% last week. Treasury bonds are quickly falling out of favor. The yield on 10-year Treasury bonds has climbed from 2.5% to almost 3.5% since March signaling inflation fears and an unwillingness to fund ballooning government borrowing.
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Wednesday, May 27, 2009
Gold Lesson of 4,500 Years of Irresponsible Government / Commodities / Gold & Silver 2009
Richard Daughty writes: I always get a real kick out of hearing that “the consumer is 70 percent of the economy,” mostly because it gives me a chance to heap ridicule and scorn on whoever said it, and I say that the consumer is 100 percent of the economy!
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Wednesday, May 27, 2009
Gold Slips as Stock Markets Add to Wall Street Strength / Commodities / Gold & Silver 2009
THE PRICE OF GOLD ticked lower in Asia on Wednesday, holding below $950 an ounce in early London trade as world stock markets added to Wall Street's strong overnight close.
"Gold [on Tuesday] had all the makings of a beautiful technical reversal," writes Russell Browne at London market-maker Scotia Mocatta, "but the late bounce keeps the risk to the topside."
Tuesday, May 26, 2009
Gold Hit by Options Volatility as U.S. Dollar Bounces / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL GOLD fell hard early in London on Tuesday, returning from the long holiday weekend to drop 1.7% as the US Dollar and Japanese Yen rose sharply on the currency markets.
Global stock markets fell while government bonds rose.
Monday, May 25, 2009
Overbought Gold Signals Pause in Bull Market Trend / Commodities / Gold & Silver 2009
That the U.S. dollar has serious problems should, by now, be obvious to even economists working for the Obama Regime. We probably cannot say the same for those at the Federal Reserve, for they do not seem to consider such matters important. To those economists such matters are exogenous factors, and not worthy of inclusion in the discussion. Until the dollar’s fatal flaws manifest themselves as headlines, neither group will act to stop the Obama Dollar Devaluation. As Gold Bugs have learned, though, alternatives to holding the dollar do exist. China and Brazil also recognize this, having now decided to explore the means of eliminating the dollar from their business dealings. The question of if the dollar “disappears” is being replaced with the question of when it “disappears.”
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Sunday, May 24, 2009
Gold Bullish Trend Boosted by Sharp Drop in the U.S. Dollar / Commodities / Gold & Silver 2009
The week started out on a sour note but ended up okay. Gold seems now to be more comfortable on the up side. The sharp drop in the U.S. dollar isn’t hurting any.
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Saturday, May 23, 2009
Investors Where to Find Cover When Black Swans Swarm / Commodities / Gold & Silver 2009
By nature, Black Swans are rare and typically solitary. Defined two years ago by Nassim Nicholas Taleb in The Black Swan: The Impact of the Highly Improbable, Black Swans personify events that share three features: they come as a surprise, they have major impact, and they are later rationalized by hindsight as if they had been predictable. They aren’t necessarily bad and seldom appear in flocks, but as 321gold.com founder Bob Moriarty sees it, those darkening the horizon these days serve as harbingers of escalating chaos in financial markets. This particular breed isn’t exactly unpredictable—the automobile industry giants’ troubles are clear enough, for example—but it’s especially dangerous. What’s an investor to do? In this environment, Bob urges an ultra-conservative approach, and as in past interviews, he advises investing in tangibles (“preferably producing resource stocks”) after serious due diligence.
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Friday, May 22, 2009
Setting Up a Gold and Silver Coin Shop / Commodities / Gold & Silver 2009
Ellis Martin: I’m Ellis Martin, host of the Opportunity Show. Today again we’re featuring the Silver Guru himself, David Morgan. Mr. Morgan is recognized around the globe as an expert on silver, gold, and other precious metals. His Web site is silver-investor.com. David, thanks for joining us again today.
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Friday, May 22, 2009
Gold Price Reaches Bull /Bear Inflection Point / Commodities / Gold & Silver 2009
Monsieur Claude Trichet, the head of the European Central Bank has described the world economy as, at a “Point of Inflection”. The dictionary tells us this is when a curve changes from Concave to Convex. So as not to confuse you, the economy is about to or actually changing direction and is turning up.
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Friday, May 22, 2009
U.S. Dollar and Fiat Currencies War Against Gold / Commodities / Gold & Silver 2009
"The backdraft blows both ways. But repeated attempts to wean the world away from gold only served to send its price higher..."
A SCATTERING of random-looking dates to kick off...
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