Category: Gold and Silver 2010
The analysis published under this category are as follows.
Sunday, May 09, 2010
Gold Latest Activity Looks Too Good To Be True / Commodities / Gold and Silver 2010
By: Merv_Burak
The saying “looks too good to be true” just seems to fit the latest gold activity. I like the action but something just doesn’t jive. Maybe it’s that (lack of) momentum (strength) behind the recent stock price action. Love it while it’s there but always be on guard.
Saturday, May 08, 2010
The No. 1 Reason Gold Could Enter Mania Phase Soon / Commodities / Gold and Silver 2010
By: DailyWealth
On February 18, 2009 the Financial Times published one of the most important articles nobody read.
The article's headline was Gold primed to become "mania asset."
Saturday, May 08, 2010
Silver's Plunge, Last Chance to Sell or Buying Opportunity? / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
Thursday saw a huge reversal in the general stock market accompanied by huge volume. There seemed to be a selling mood, which accelerated for several hours though the mid-day period. Is this a beginning of a severe plunge or are we likely to see at least a small move higher - and what does this mean for silver? These are the questions that we will deal with in the following part of this essay.
Friday, May 07, 2010
Gold Again Rallies on Continuing Risk Aversion and Safe Haven Demand / Commodities / Gold and Silver 2010
By: GoldCore
Gold has again rallied on continuing risk aversion and safe haven demand. With European equity markets again under pressure and Wall Street threading water with slight losses, traders are choosing to be long gold over the weekend. Gold has rallied in dollars and particularly in British pounds and Japanese yen (see Cross Currency Table). Speculation that the ECB may aid Greece have arrested the recent sharp declines in the euro.
Friday, May 07, 2010
U.S. Dollar Rally Is Hugely Bullish For Gold, Precious Metals / Commodities / Gold and Silver 2010
By: Stewart_Dougherty
For many years, the common viewpoint has been that an inverse price relationship between the United States Dollar and gold constitutes the First Monetary Commandment, and that this Commandment is chiseled into a stone tablet before which markets must genuflect. This false and misleading “Dollar up, gold down” religion has been proselytized at enormous, covert, public expense by the best market manipulations the high priests of Dirty Money have ever been able to buy. This has been done to deceive and delude the people about the true nature of honest money, and its devious, diabolical and immoral imposters. Read full article... Read full article...
Friday, May 07, 2010
Gold $1,200 Will it Hold and Rise? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
That’s what we, at the Gold Forecaster, are doing. After alerting our subscribers at $1,050, and $1,150 with another in between, that gold was turning up while others were pointing to a downturn we feel it is deserved? But far more importantly is the ‘why’ of the matter.
Read full article... Read full article...
Friday, May 07, 2010
Gold Slips from $1210 High / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD slipped back from yesterday's huge jump early Friday, drifting 1.3% against the Dollar after reaching a near all-time record at $1210 amid Thursday's US stock-market crash.
The Dow Jones Industrial Average dropped a record 998.5 points at one stage, as $1 trillion was wiped off the value of US equities.
Friday, May 07, 2010
This Is America's Gold Wake-Up Call / Commodities / Gold and Silver 2010
By: DailyWealth
Americans are finally waking up...
And the story behind this chart is the alarm clock:
Friday, May 07, 2010
Gold 'Decouples' on International Debt Crisis, Forecast to Reach $3,000 Per Ounce / Commodities / Gold and Silver 2010
By: GoldCore
The sharp sell off on Wall Street and with equities internationally saw gold decouple and surge in all currencies yesterday. Oil, commodities and bonds also fell sharply in incredibly volatile trading. Read full article... Read full article...
Thursday, May 06, 2010
Gold Says Goodbye to Gordon Brown At £800 Against U.K. Gold Dumped at Under £200 / Commodities / Gold and Silver 2010
By: Adrian_Ash
As Britain goes to the polls, gold says "Goodbye" in fine style to the man who dumped half the UK's reserves on the market in May 1999...
HOW SWEET of gold to mark Gordon Brown's last day in power with a new all-time high against the Pound Sterling.
Read full article... Read full article...
Thursday, May 06, 2010
Gold and the U.S. Dollar Moving in Tandem / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
Interestingly, spot gold prices this morning were up about $11 at $1185, a full $30 above yesterday morning's low, despite continued acute strength in the dollar (weakness in the euro). The panic lift-off in the dollar triggered a mini-panic exodus out of gold from $1193.30 to $1155.90 from Tuesday into late Wednesday.
Read full article... Read full article...
Thursday, May 06, 2010
Gold New All time High in Euros and Sterling / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF WHOLESALE GOLD broke new all-time highs for Euro and UK investors at Thursday's AM Fix in London, hitting new 5-month high against the Dollar as global stock markets extended this week's near-5% losses.
British voters looked set to elect a "hung parliament", with no single party in clear control.
Thursday, May 06, 2010
Investors Run to Gold and Silver ...World Economy Going Nowhere For Many Years / Commodities / Gold and Silver 2010
By: Hubert_Moolman
The worst part of the world’s current financial crisis is still on its way. The enormous debt levels present in our financial system is central to this crisis. This huge debt levels could cause the world’s monetary system to collapse, starting with the weaker currencies and quickly making its way to the major ones. Day by day the premier signal (gold price) of this collapse is getting clearer and should encourage more people to run for cover.Read full article... Read full article...
Thursday, May 06, 2010
Gold and Silver Bullion in Euros, Pounds and Swiss Francs At New Record Highs as Contagion Spreads / Commodities / Gold and Silver 2010
By: GoldCore
Bullion denominated in euros and Swiss francs surged to new record highs this morning. The euro has again come under severe pressure as contagion risks increase. While all the focus is on Europe right now, similar risks face the UK and US economies and this is leading to significant safe haven demand for gold internationally.
Wednesday, May 05, 2010
Debt Crisis Bond Market Collapse, Gold Investor Safe Haven / Commodities / Gold and Silver 2010
By: The_Gold_Report
Talking heads are waxing enthusiastic over signals that the recession is receding, but debris from the derivatives debacle won't go away without a total financial system collapse, according to 321gold.com founder Bob Moriarty in this exclusive Gold Report interview. "Nobody and nothing is going to stop it from happening. It is as absolute as the time and tides," he says. While folks are all hunkered down in their bunkers waiting for the apocalypse, though, he suggests investing any spare cash in resource stocks—a "slam dunk" now that they're cheaper than they've been in nearly a decade.
Wednesday, May 05, 2010
Gold, the Euro, and the Sins of the Führer / Commodities / Gold and Silver 2010
By: Adrian_Ash
With or without hyperinflation, today's welfare-state obligations – just like 1919's war reparations – are simply too big to be paid...
The EUROZONE'S PROBLEM? In short, it's history...precisely what the single currency was supposed to neuter, of course.
Read full article... Read full article...
Wednesday, May 05, 2010
Gold Will Emerge as the Only Safe Haven / Commodities / Gold and Silver 2010
By: Jordan_Roy_Byrne
In the wake of continuing global financial turmoil, we hear quite a bit about “safe havens.” Ask someone today and they’d tell you that the US Treasuries are a safe haven and probably Gold also. On a day-to-day basis, certainly the US Dollar and US Treasuries are safe havens. The financial media loves to point that out while noting big single day losses in Gold. In today’s world, it seems that few people are aware of Gold’s status as a safe haven for 5,000 years or even only for the last ten years.
Wednesday, May 05, 2010
Gold-in-Dollars Hits 1-Week Low as Euro Sinks on Athens Riot / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in US Dollars fell hard as the New York opening drew near on Wednesday, falling to a 1-week low as European shares, non-US currencies and global commodities extended yesterday's plunge.
Three people were reported killed in an Athens bank fire, set ablaze amid a Greek general strike.
Wednesday, May 05, 2010
Gold Robust, Remains Near Record Highs in Most Currencies / Commodities / Gold and Silver 2010
By: GoldCore
Gold has recovered from slight falls in Asia and is slightly higher in most currencies this morning - trading at USD 1,172 GBP 773 and EUR 903 per ounce this morning (see Cross Currency Table below). Gold is being supported by the significant risk to the stability of the European monetary union and the wider financial system and this is seeing investors internationally, and especially in Europe, diversify into gold. Read full article... Read full article...
Wednesday, May 05, 2010
Gold Euro Correlation Breaks Down / Commodities / Gold and Silver 2010
By: Bob_Kirtley
Today we saw the broader markets take a battering with the European Stock Exchanges taking hits and the DOW dropping 225 points, silver lost $0.94 and gold prices were down $10.00 having flirted with $1190/oz earlier in the session.Read full article... Read full article...