Category: Gold and Silver 2010
The analysis published under this category are as follows.
Monday, April 26, 2010
Gold Rises to New Record High in Euros and Swiss Francs / Commodities / Gold and Silver 2010
By: GoldCore
Gold dipped to $1,135/oz early in New York before dipping rising sharply to close with a gain of 0.95%. Gold closed last week some 2% higher in dollars and 3% higher in euros. It has dipped from $1,159/oz to $1,155/oz in Asian and European trading this morning. Gold is currently trading at $1,155/oz and in euro and GBP terms, at €867/oz and £748/oz respectively. Gold has surged to new nominal record highs in Swiss francs and in euros (see charts).
Monday, April 26, 2010
Gold Investor Sentiment Surprise, Are We In a Bubble? / Commodities / Gold and Silver 2010
By: Q1_Publishing
Is gold already in a bubble?News for gold bulls just keeps getting better and better. A few weeks ago the World Gold Council announced it expects China gold-buying to double over the next 10 years.
Read full article... Read full article...
Monday, April 26, 2010
E.U. Greece Debt Crisis Impacts on Gold, Silver and Stocks / Commodities / Gold and Silver 2010
By: Douglas_V._Gnazzo
The EU raised its estimate on Greece’s deficit to 13.6% of 2009 GDP; and said it may revise it as high as 14.4%. Questions about its bookkeeping and data collection were said to be involved. Moody’s downgraded its sovereign debt rating.
In response, Greek 10-year bond yields rose to over 9%, which is almost three times the comparable German rate. The yield on the two-year note skyrocketed to over 11%. This prompted Greece to formally request the aid package from the European Union (EU) and the International Monetary Fund (IMF). Now the member countries must approve the loans and checks need to be written.
Read full article... Read full article...
Sunday, April 25, 2010
Gold, Economic Recovery and George Soros on the Next Financial Crisis / Commodities / Gold and Silver 2010
By: Clif_Droke
Speculation has been rife in the financial press lately about the possibility of another financial market meltdown. It seems that investors are waiting for the proverbial “other shoe” to drop as worries continue to mount over the sustainability of the financial market recovery that began over one year ago. Read full article... Read full article...
Sunday, April 25, 2010
When Gold Fundamentals Don’t Matter / Commodities / Gold and Silver 2010
By: Kevin_George
One of the biggest talking points in the financial world is the direction of Gold. The internet is awash with predictions of price, mostly based on some combination of inflation, money-printing excesses and Chinese demand.
Saturday, April 24, 2010
Gold, The Best Investments I've Ever Made / Commodities / Gold and Silver 2010
By: DailyWealth
Chris Weber writes: Each middle of April, I mark a sort of anniversary. It was at this time nine years ago, in 2001, when I bought what was for me a large percentage of my assets in gold and gold stocks.
Saturday, April 24, 2010
The Safest Way to Make Over 1,000% in Silver / Commodities / Gold and Silver 2010
By: DailyWealth
Dr. Steve Sjuggerud writes: "Silver is now more attractive than it has been in decades," my colleague Porter Stansberry wrote to his subscribers.
"Assuming gold hits my target of $2,000 an ounce and assuming the price of gold is 16 times the price of silver," Porter continued, "then silver should be worth about $125 by the time the bull market in silver reaches its peak. Buying today at around $17 [now $18] could earn you better than a 600% profit."
Saturday, April 24, 2010
Goldman, Gold, And U.S. Dollar's Influence on Precious Metals / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
When gold declined last Friday we were not caught by surprise and neither were our Subscribers. Based on our technical analysis, we gave you a heads up two weeks ago when we said that gold was ready for a decline before resuming its upward climb. But sometimes news can rattle the market, which is what happened Friday when gold hit an air pocket and dove $25 in a few minutes to move very close (or slightly below) the levels mentioned in our Friday update.
Friday, April 23, 2010
Will Gold be Bolstered by the Goldman Sachs Fraud Case? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
Initially the gold price fell on the news of the S.E.C. civil fraud charge against Goldman Sachs in the belief that both they and Paulson’s hedge fund would have to sell their gold holdings. A reaction that was founded on uncontrolled emotions, you would rightly suppose. The reaction was very like gold market after the news that Greece is going to the EU & I.M.F. [because few believe that Greece will correct matters thereafter] for their bailout. The € fell as the Greek crisis impinged on the value of the €. The additional reaction in gold was based on the supposition that gold is tied to the €.
Friday, April 23, 2010
Silver SLV ETF Divergence / Commodities / Gold and Silver 2010
By: Zeal_LLC
Launched 4 years ago this week, the SLV silver ETF has proven very successful. With $5.1b in net assets, it already ranks among the top 20 largest ETFs in the US. And the 287m ounces of physical silver bullion it holds in trust for its stock investors is impressive. For comparison, elite market-darling silver streamer Silver Wheaton only produced 17m ounces last year (equivalent to 6% of SLV’s holdings).
Friday, April 23, 2010
Gold and Silver Big Moves Ahead! / Commodities / Gold and Silver 2010
By: Peter_Degraaf
When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it."….. FREDERIC BASTIAT (From his important book ‘The Law).
Friday, April 23, 2010
Gold "Crisis Protection" Proven as Eurozone's Greek Bail-Out Begins / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD retained a slight weekly gain as the close approached in London on Friday, trading above $1141 an ounce while the Euro bounced – and world stock markets rose – following Greece's formal request for a joint European and IMF bail-out.
Read full article... Read full article...
Friday, April 23, 2010
Euro Gold Near Record Highs Due to PIIGS Contagion Risk / Commodities / Gold and Silver 2010
By: GoldCore
Gold dipped to $1,132/oz in New York before recovering to close with a loss of 0.49%. It has range traded from $1,137.50/oz to $1,143/oz in Asian and European trading this morning. Gold is currently trading at $1,140/oz and in euro and GBP terms, at €859/oz and £741/oz respectively. Read full article... Read full article...
Friday, April 23, 2010
Marc Faber Says Holding Cash Will be a Disaster, Investors Should Accumulate Gold / Commodities / Gold and Silver 2010
By: Submissions
Marc Faber explains why investors should not own cash as it is set to be 'a disaster'. He speaks to co-guest host Michael Yoshikami, founder, president and chief investment strategist at YCMNet Advisor, CNBC's Martin Soong, Bernard Lo & Sri Jegarajah, about why investors should accumulate gold instead.
Friday, April 23, 2010
The Next Financial Crisis and Gold Savehaven / Commodities / Gold and Silver 2010
By: Christopher_Laird
With the Asian stock markets stalling, and the US markets insisting on rallying a suspicious 25 points a day with nary a correction in over a year, something is definitely wrong out there. What gives? I cannot believe the US economic prospects are that good right now.
But then again, with the EU markets and the EU itself looking like it’s about to disintegrate, with a new bailout story on Greece that never pans out, and what a failure to bail out Greece will do to the Euro – a Euro crisis alone can tank all markets and cause massive social unrest in the EU with nations starting to bolt as they find staying with the huge budget cuts are politically impossible.
Read full article... Read full article...
Thursday, April 22, 2010
Gold Price Capped by Greece Debt Crisis / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD fell hard against the Dollar as New York opened for business on Thursday, sliding 1.4% from yesterday's high as US stocks also dropped over 1% and crude oil fell through $83 per barrel.
New data showed worse-than-expected US jobless claims for last week, plus faster-than-expected factory-gate inflation in March.
Thursday, April 22, 2010
Gold Supported by Growing Inflation Concerns and Record Low Interest Rates / Commodities / Gold and Silver 2010
By: GoldCore
Gold touched over $1,150/oz late in New York before dipping slightly to close with a gain of 0.79%. It has range traded from $1,144/oz to $1,149/oz in Asian and early European trading this morning. Gold is currently trading at $1,147/oz and in euro and GBP terms, trading at €856/oz and £743/oz respectively. While gold remains essentially flat in most currencies, trading has been volatile this morning. Read full article... Read full article...
Thursday, April 22, 2010
Digital Gold Currency (DGC), Long Wave Innovation, Ft. Knox Gold, And the Dawn of The Great Republic / Commodities / Gold and Silver 2010
By: David_Knox_Barker
Genuine optimism about the future in the midst of the unfolding global financial crisis is a tall order. An abrupt reversal of fortunes for international free market capitalism has stunned advocates of the wisdom of markets to reward success and punish failure. The unprecedented growth of crony state capitalism in response to the global crisis is troubling for advocates of free markets and liberty world over. On the other hand, the advent of digital gold currency (DGC), the secure high technology gold money available over the Internet portends a bright future.
Wednesday, April 21, 2010
Gold Investing, Cash Futures, Physical Forwards, and London Gold's "100-to-1 Leverage" / Commodities / Gold and Silver 2010
By: Paul_Tustain
A note on the LBMA, gold futures and forwards, and "100-to-1 leverage" in London's wholesale gold bullion market...
SOME COMMENTATORS are alarmed that the amount of 'physical' gold in London is not sufficient to meet the immediate demands of the market.
Read full article... Read full article...
Wednesday, April 21, 2010
When Will Gold Make its Next Big Move? / Commodities / Gold and Silver 2010
By: Jordan_Roy_Byrne
In recent commentaries, we’ve focused on the macro factors that will drive acceleration in the precious metals sector. Namely, the gradual exodus from both government and corporate bonds as authorities are forced to monetize debts in an effort to avoid rising interest rates, which would hasten default and bankruptcy. This, and not bank lending or consumer demand, is the cause of severe inflation.