Category: Gold and Silver 2010
The analysis published under this category are as follows.
Tuesday, March 09, 2010
Gold Slips as Beijing Denies Hoarding, Notes Huge Private Chinese Demand / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE of wholesale gold bullion slipped to a one-week low early in London trading on Tuesday, falling to $1116 an ounce as the US Dollar rose on the currency market.
Asian stocks closed the day flat overall. European bourses lost 0.5%.
Tuesday, March 09, 2010
Gold Catches Traders by Surprise / Commodities / Gold and Silver 2010
By: INO
The move down in gold yesterday surprised many traders and flashed an exit signal based on MarketClub's daily "Trade Triangle" technology. As we have mentioned before, we felt that gold was in a broad trading range and were not optimistic that it would shoot higher.
Tuesday, March 09, 2010
China's Main Currency Reserve "Not Likely" to Be Gold / Commodities / Gold and Silver 2010
By: GoldCore
Gold dipped sharply in US trading yesterday from $1,136/oz to $1,118.50/oz before closing down 1% to $1,120/oz. Gold also fell in pounds, euro and Swiss francs but remains near record nominal highs in these currencies. Gold rose to $1,123/oz so far in Asian trading and is currently trading at $1,119.50/oz and in euro and GBP terms, it is trading at €825/oz and £749/oz respectively.
Monday, March 08, 2010
John Embry Says Gold Will Rise As Confidence Returns / Commodities / Gold and Silver 2010
By: The_Gold_Report
The Gold Report caught up with John Embry, Chief Investment Strategist, Sprott Asset Management, to get his thoughts on gold and some mining stocks he favors. Embry, an industry expert in precious metals, has researched the gold sector for over 30 years. Read about why he thinks gold could gain another 30% this year as a greater proportion of the public realizes the degree of difficulty that sovereign debt is in. He believes as confidence in gold returns people will seek an outlet in gold stocks, especially small-cap gold producers and junior explorers with solid projects.
Monday, March 08, 2010
Greeks Paying the Price for Worshiping the Keynesian False God / Commodities / Gold and Silver 2010
By: Ned_W_Schmidt
The Greeks are learning the tough consequences of worshiping a false god. For years they sought the blessing of Keynesianism, only now to find it comes with a price. Keynes introduced the notion of government debt as salvation, the road to prosperity. Issue debt, and you will prosper. With those words, citizens of many nations turned their minds and ears off to reason. How could so many come to believe that borrowing money was the secret to prosperity?
Monday, March 08, 2010
XGD Confirms New Gold Rally / Commodities / Gold and Silver 2010
By: Neil_Charnock
I have fantastic news to report this week. The XGD has formed a powerful buy signal indicating that the way forward is up again for the Australian gold sector. I have shown this signal in the daily XGD chart below with some resistance levels overhead which we are currently cutting through with apparent ease. Chances are that this will continue and that the awaited second leg of the gold rally that began in September 2009 at around US$954 is now back on track. Firstly let us take a look at gold.
Monday, March 08, 2010
Gold Has Not Peaked as Inflation Forces Investors to Take Risks / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF WHOLESALE gold bullion held tightly to last week's close of $1135 an ounce on Monday in London, recovering an early dip for UK and Eurozone buyers as stocks and bonds also stayed flat.
The US Dollar ticked higher on the currency market. US crude oil contracts ticked higher towards $82 per barrel.
Monday, March 08, 2010
Silver Surges 5%, Ready for Break Out to New Highs? / Commodities / Gold and Silver 2010
By: GoldCore
Gold reached as high as $1,140/oz in New York on Friday before closing marginally for the day at $1,134/oz but up over 1% on the week to maintain the positive technical action. It went as high as $1,138/oz so far in Asian trading this morning. Gold is currently trading at $1,137/oz and in euro and GBP terms, gold is trading at €831/oz and £748/oz respectively.
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Sunday, March 07, 2010
Gold Price in No Mans Land / Commodities / Gold and Silver 2010
By: Fresbee
Gold is in what I call “No Mans Land”. It is one of the most difficult situations to be in as there are equal number of Gold bears and bugs around. Mind you Gold bugs: Bears have their case and it is not as bad as it looks like for the bears.
But I personally think the bugs have a stronger case and will ultimately win but not as emphatically as they are expecting it to be. For example a $5000 /ounce is out of question!
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Sunday, March 07, 2010
Gold Price Stealthly Creeping Higher Towards New Highs / Commodities / Gold and Silver 2010
By: Merv_Burak
Little by little gold is creeping higher. It still has a way to go before new highs are reached but that may only be a matter of time.
“Just the facts, ma’am” as Joe Friday would say. Actually, he apparently never said those exact words, they seem to have come from Stan Freiberg, but that’s another story. You over 70’s would know what I’m talking about.
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Saturday, March 06, 2010
Gold as Money is Power to the People / Commodities / Gold and Silver 2010
By: Gary_North
Before I explain the title of this report, I want to prove to you that Americans are losing their liberties, day by relentless day. I also want to prove to you why it is that, unless there is an economic breakdown so severe that Washington D.C. goes broke, we will not get back these surrendered liberties. My demonstration will take approximately three minutes. For skeptics, it may take five minutes.
Friday, March 05, 2010
Gold's Value Stands the Test of Time / Commodities / Gold and Silver 2010
By: The_Gold_Report
Midas Letter publisher James West believes gold is the store of value everybody resorts to when times are rough. In this exclusive interview with The Gold Report, he acknowledges that producers represent a very well-performing, blue-chip investment, but also looks for those juniors where capital appreciation happens on the scale of hundreds of a percent almost overnight.
Friday, March 05, 2010
Gold Stocks Analysis and its Usefulness For Precious Metals Investors / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
In our previous essays we have covered the situation on the USD, gold and silver markets, but since there's more to the precious metals sector than just these two metals, we have decided to supplement the previous analysis by covering the precious metals stocks. If you are interested in trading gold and silver only, you might want to reconsider before clicking that X in your web browser's window - after all, precious metals stocks are highly correlated with the metals, and they even used to lead the metals in the past. Consequently, even if you are not interested in trading or investing in the PM stocks, you might still benefit by analyzing this part of the sector.
Friday, March 05, 2010
Why Gold Bulls Should be Excited / Commodities / Gold and Silver 2010
By: Seven_Days_Ahead
The Technical Trader’s view
Friday, March 05, 2010
Gold, What’s More Important, Price Per Ounce or Ounces Owned? / Commodities / Gold and Silver 2010
By: Jeff_Clark
Casey’s Gold & Resource Report In a recent conversation with a fellow gold analyst, he was emphatic that the price one pays for physical gold should be ignored. “What’s far more important,” he insisted, “is how many ounces I own in relation to the total value of my assets.”
Friday, March 05, 2010
Gold Euro Record Highs / Commodities / Gold and Silver 2010
By: Zeal_LLC
After spending our entire lives in a dollar-dominated world, we Americans naturally view gold through a dollar-centric lens. We assume the gold charts we’re seeing are universal. But this isn’t the case, as investors around the globe view gold in their own local currencies. Recent developments in euro gold highlight the importance of keeping this truth in mind.
Friday, March 05, 2010
Why is the Gold Price Rising Now? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
The piece we wrote on gold de-coupling from the $:€ exchange rate proved absolutely correct. The action of the last week has shown that as gold rose strongly in the € in the pound and is moving up in the $ alongside most currencies. More than that, market commentators are now mentioning this too. But this action involves far more than these two main currencies.
Friday, March 05, 2010
Gold Investors Still Underweight / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in the professional wholesale market held steady in London trade early Friday, dipping to $1130 per ounce as the Dollar bounced but nearing new record-high weekly closes for UK and Euro investors.
World stock-markets ticked higher as government bonds eased back.
Friday, March 05, 2010
International Monetary Policy Favors Gold as Interest Rates Remain Near Zero / Commodities / Gold and Silver 2010
By: GoldCore
Gold was unchanged in London before dipping to $1,126/oz in New York, it then recovered to close down 0.92% at $1,131/oz. It has had a $4 trading range in Asian trading this morning. Gold is currently trading at $1,135/oz and in Euro and GBP terms, gold is trading at €835/oz and £755/oz respectively. Gold remains near record nominal highs in euros and sterling and appears to be consolidating near these record price levels.
Thursday, March 04, 2010
Precious Metals and the U.S. Dollar / Commodities / Gold and Silver 2010
By: Sol_Palha
"Keep on sowing your seed, for you never know which will grow -- perhaps it all will." ~ Albert Einstein, 1879-1955, German-born American Physicist