Category: Gold & Silver 2009
The analysis published under this category are as follows.Friday, May 22, 2009
Gold Glitters Once Again, Big Inflation Coming / Commodities / Gold & Silver 2009
Gold is glittering more than ever.
All the fundamentals are in place for a big run in gold.
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Friday, May 22, 2009
Golf and Investing: Tin Cup Lessons / Commodities / Gold & Silver 2009
Benjamin Graham was an economist, financial analyst, and professional value investor. He was one of the first to advise investors to look beyond the media hype and confusion to find undervalued stocks that would become part of a diversified portfolio.
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Friday, May 22, 2009
Gold Hits Two Month High as China and Brazil Dump the U.S. Dollar / Commodities / Gold & Silver 2009
THE PRICE OF WHOLESALE "spot" gold rose further for US-Dollar investors early in London on Friday, adding another $5 per ounce to its best AM Gold Fix since March 23rd at $952.50.
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Friday, May 22, 2009
Gold Wildly Bullish as Paradigm Shift Underway of Banking Power to Creditor Nations / Commodities / Gold & Silver 2009
Numerous events have taken place of global importance. Alone, each story seems of some significance. Together, they paint a mosaic of extreme change in a very dangerous sequence of events that fit together. The greater aggregate story is that a tremendous paradigm shift is underway, with early steps and major moves by global players in clear view. The Western analysts and pundits and mavens are missing it. A PARADIGM SHIFT HAS BEGUN, WITH BANKING POWER SHIFTING TO THE CREDITOR NATIONS AS THE USDOLLAR IS SUPPLANTED, MADE POSSIBLE BY SEVERAL NEW INSTITUTIONAL PILLARS AS WELL AS NEWLY FORGED ALLIANCES. The consequences are significant and will change the face of global banking and commerce.
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Thursday, May 21, 2009
Strong Silver Rally Within Overall Bear Market / Commodities / Gold & Silver 2009
Back in February I had a look at the gold-silver ratio and suggested silver was looking overbought in terms of the ratio using a 10 year chart. I reproduce that chart below to refresh memories.
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Thursday, May 21, 2009
Gold, Keeping it Simple / Commodities / Gold & Silver 2009
There can be little doubt that the US economy is in uncharted waters. The crash of 2008 and the US government’s response -- and the world’s response, for that matter -- were unprecedented, which means that many of the old rulebooks get thrown out the window.
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Thursday, May 21, 2009
Gold Benefits from Global Credit Ratings Crisis as UK Downgraded / Commodities / Gold & Silver 2009
THE PRICE OF GOLD in the wholesale spot market rose to new 7-week highs at the start of London dealing on Thursday, touching $944 an ounce before slipping back as the US Dollar bounced on the currency market, and crude oil fell together with world stock markets.
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Thursday, May 21, 2009
Gold Strong Bullish Technical Setup / Commodities / Gold & Silver 2009
Ai note: our gold technical setup from April 24 2009, falling wedge pattern (rising flag)
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Thursday, May 21, 2009
Gold Price Still On The Launching Pad / Commodities / Gold & Silver 2009
I last wrote about gold on April 30, 2009. In that article, I stated that gold was on the launching pad. Something big was going to happen. Gold had consolidated into a range that would lead to a breakout or a breakdown. The only problem I had no idea what direction gold was going.
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Thursday, May 21, 2009
Gold Price Is About to Soar / Commodities / Gold & Silver 2009
Do you own gold yet?
As I’m sure you’re aware, starting in July 2007, the financial markets entered one of the most severe crises in history. In response to this, the Feds (Federal Reserve, Treasury Department, etc.) have tried to prop up the financial system with numerous interventions. A brief recap of their moves are as follows:
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Thursday, May 21, 2009
Gold Price Set to Double This Fall / Commodities / Gold & Silver 2009
Gold was, is, and always will be THE ultimate storehouse of value. Mankind was prizing this stuff during the prehistoric period, long before the concept of stocks, mutual funds, or paper money even existed.
Now, I know what you’re thinking, “gold has already risen from $250 to $900 an ounce, how much higher can it go?”
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Thursday, May 21, 2009
Worlds Wealth Under Invested on Gold Compared to Past Crisis / Commodities / Gold & Silver 2009
Deprecated and reduced as a financial asset, gold is fast-gaining new buyers yet remains under-invested compared to previous crises...
"FEAR, Mr. Bond, takes gold out of circulation and hoards it against the evil day," as 007 learns from a Bank of England officer in Ian Fleming's Goldfinger (1959).
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Thursday, May 21, 2009
Constructive Bullish Pattern for GDX / Commodities / Gold & Silver 2009
The weaker dollar, stronger gold, and continued strength of the stock indices has propelled the Market Vectors Gold Miners ETF (NYSE: GDX) to new, multi-month recovery highs. After selling off late yesterday in sympathy with the overall stock averages, today the GDX is up in sympathy with the climb in the equity futures as well as because of the “bid” in both spot gold and Euro/$. My overall pattern work remains very constructive and points to a sustained upside breakout above 39.35 – on the way to 41.50-42.00 next. Only a decline that takes out 36.54 will begin to compromise the current chart set-up.
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Wednesday, May 20, 2009
Gold Quietly Moving Towards $1,000 / Commodities / Gold & Silver 2009
As the dollar has faltered recently, gold speculators have been among the winners of this financial trend. Along with several major currencies, including the Pound and Euro, gold rates have trended higher since mid-to-late April as the Fed maintains a zero per cent funds rate, and the economy remains sluggish.
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Wednesday, May 20, 2009
Gold Re-Tests $930 as U.S. Dollar Falls / Commodities / Gold & Silver 2009
THE PRICE OF GOLD pushed 0.5% higher early Wednesday in London, nearing last Friday's seven-week highs as world stock markets trod water despite a flood of record-bad economic data.
Re-testing a break above $930 an ounce for the third time in four sessions, the Gold Price failed to hold £600 or €680 for UK and Euro investors, however, as the US Dollar fell hard on the currency markets.
Tuesday, May 19, 2009
Gold on the Cusp of a Significant Price Rise / Commodities / Gold & Silver 2009
The 'Sell in May' situation could arrive right on time this year, according to Roger Wiegand of Trader Tracks, who anticipates the next larger, extended rally in gold this fall. In this exclusive interview with The Gold Report, Roger suggests some alternate market plays for the lean summer months and explains why he believes "the deck is stacked against the stock market" and $1,375 gold appears in the cards.
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Tuesday, May 19, 2009
SLV Silver ETF Chart Points to Another Upmove / Commodities / Gold & Silver 2009
Today’s strength in the iShares Silver Trust ETF (NYSE: SLV) argues that all of the action from the May 12 rally peak at 14.06 to yesterday’s low at 13.42 represents a completed pullback within the upleg that started after the April 17 low at 11.64. My overall work in the SLV points to another upmove (that likely started today) that should hurdle key resistance at the prior high (14.06) on the way to an assault on the February high of 14.45.
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Tuesday, May 19, 2009
Gold Rally Lacks Momentum / Commodities / Gold & Silver 2009
THE SPOT PRICE of gold stayed flat early in London on Tuesday, trading between $920 and $923 per ounce as world equities extended their near-$9 trillion gains of the last nine weeks.
"Gold continues to drag sideways," notes Phil Smith for Reuters Technical India, "still pushing up against the old resistance level of 935."
Monday, May 18, 2009
Gold Holds Tight as Fed Buys U.S. Treasuries / Commodities / Gold & Silver 2009
THE PRICE OF WHOLESALE GOLD BULLION held inside a tight $5 range early Monday, bouncing off $927.60 an ounce as government bonds rose, pushing interest rates lower, and crude oil rose back above $57 per barrel.
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Sunday, May 17, 2009
Gold and Silver Potential Parabolic Price Rise 2009 to 2011 / Commodities / Gold & Silver 2009
“Surprising as it may be to most non-scientists and even to some scientists, Albert Einstein concluded in his later years that the past, present, and future all exist simultaneously. In 1952, in his book Relativity, in discussing Minkowski's Space World interpretation of his theory of relativity, Einstein writes:
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