Category: Gold and Silver 2010
The analysis published under this category are as follows.
Sunday, June 27, 2010
Silver Giant Double Top Suspected / Commodities / Gold and Silver 2010
By: Clive_Maund
While silver is certainly in position to break out to new highs, which would be expected to lead to a substantial advance, its chart at this time should certainly give cause for concern to the more cautious and prudent investor.
Sunday, June 27, 2010
Gold Imminent Reversal and Retreat, Stocks Bear Market Pattern Developing / Commodities / Gold and Silver 2010
By: Clive_Maund
A great way to make yourself popular is to tell people what they want to hear, and the trick is to make yourself scarce before the wheel comes off, or at least slip quickly into the background when it does. Thus you’ll find no shortage of articles out there telling you what a great investment gold is and the countless reasons for buying it. They are “playing to the gallery” which is normal near a market peak. However, most of the evidence that we are examining points to an imminent reversal and retreat - not a bearmarket though as the bullmarket in gold is thought to have much further to run and will probably end in a spectacular parabolic blow off with prices at dizzying heights compared to today, but this is still a long way ahead of us - over a shorter time horizon we may first have to deal with a significant correction.
Sunday, June 27, 2010
Gold Price Recovery Suspect / Commodities / Gold and Silver 2010
By: Merv_Burak
Although gold has recovered from its mid-May plunge the strength of the recovery has been very weak and the recovery itself is suspect because of that. Although gold remains BULLISH for all time periods that may not last long. Be on guard for any surprises.
Saturday, June 26, 2010
Gold, GLD, GDX and SLV, Does November 2009 Repeat in July 2010? / Commodities / Gold and Silver 2010
By: John_Townsend
Last week I offered some analysis using the True Strength Index indicator on the daily and hourly charts of GLD, GDX and GDXJ. This week I would like to offer what I believe to be a realistic look at what could be headed our way in the upcoming month of July. The charts in this article were made using the publically available software at FreeStockCharts.com.
The best way to understand the big picture is to look at the big picture, so let’s do that. What follows is a weekly chart of GLD. I set the time frame back over a year and use the True Strength Index indicator below the weekly price data.
Saturday, June 26, 2010
Will the Gold Price Rise in the Short-Term? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
Please note that this article will not give you a detailed chart of future gold prices or specific price levels, but it will help you to understand the short-term gold price.
The G-8 & G-20 meetings are scheduled for this weekend and the press and observers are disappointed before they have even begun. Division between the U.S. approach to growth and sovereign debt containment and repayment and the European approach should be added to fears that sovereign debt cut backs will not be achieved in the end. The global financial mood is depressing and giving rise to falling confidence in the future of the global economy.
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Saturday, June 26, 2010
Gold and Silver Preparing to Move Higher As Stocks Develop Further Bearish Confirmations / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
In our most recent essay we have emphasized what influence might the general stock market have on the prices of the precious metals. Since the situation appears to be developing in the direction mentioned earlier and a part of the precious metals sector might be particularly affected in the near future, we would like to provide you with a follow-up.
Friday, June 25, 2010
Gold, Silver, How High? and When? / Commodities / Gold and Silver 2010
By: DeepCaster_LLC
“The environment we’re moving into will steal money from the conservative, the prudent, the cautious investor – through currency debasement…[Investors] have to understand that they have to work to protect themselves because I see a time coming that’s going to be very painful. I hope it doesn’t come, but I think it will.” - Rob McEwen, CEO, US GoldCorp
Friday, June 25, 2010
Stashing Gold Into Holes in the Ground / Commodities / Gold and Silver 2010
By: Adrian_Ash
"The careful burial of this treasure probably means the owner intended to come back, but for whatever reason was unable to do so..."
DONT KNOW about you, but market depth is pretty poor down at the end of my garden. Not least at midnight, when the gnomes are asleep, rather than quoting 10% bid-offer spreads on gold coins.
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Friday, June 25, 2010
Gold’s Rise And The Dow’s Fate / Commodities / Gold and Silver 2010
By: Hubert_Moolman
In a previous article called “Gold, Dow And The South African Rand” (dated 24 May 2010), I stated: “we will probably have more of these scary drops in the gold price as we continue into this volatile phase of the gold bull market. The good news for gold bugs is that we will also have some huge up days, and the general trend will be very much up.” If you look at the gold chart, you will notice that despite the volatility in the gold price since then, the trend is definitely up. When these scary drops happen, many people start panicking and eventually get “shaken off” this great bull market.Read full article... Read full article...
Friday, June 25, 2010
Gold Seen "Stable in Summer Lull" as Yuan's "Dead-Cert" Rise Questioned / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF WHOLESALE GOLD held onto Thursday's gains early in London on Friday, trading 0.8% below last week's record weekly finish as world stock markets slipped for the fourth day running.
Commodities also held flat, as did silver prices, trading 2.6% down for the week at $18.71 per ounce.
Friday, June 25, 2010
For the Last Time, Is Gold in a Bubble? / Commodities / Gold and Silver 2010
By: Jeff_Clark
Jeff Clark, Senior Editor, Casey’s Gold & Resource Report writes:
While a few mainstream outlets are coming around to at least acknowledging gold’s stellar run, most remain skeptical or outright bearish. And the blasphemy they purport is that gold is in a bubble.
Thursday, June 24, 2010
Gold Slips as Yen Surges on Risk Aversion / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD fell again but held above yesterday's 1-week low on Thursday in London, trading 2.2% below last week's finish as world stock markets fell for the third day running.
The Euro held below $1.23 as gold prices slipped and Sterling retreated from an early jump to $1.50.
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Wednesday, June 23, 2010
Path to Gold Backed Currency / Commodities / Gold and Silver 2010
By: Jim_Willie_CB
SDR Strawman & Gold-Backed Euro - The world faces challenges and uncertainty these days like perhaps never before in modern history. Broken insolvent banking systems match the insolvent homeowners living in despair but with newfound hope from simply not paying home mortgages in large numbers. Henry David Thoreau could actually run for the US Senate, as his platform of civil disobedience is more widely embraced with each passing month. Over a quarter million Bank of America home mortgage holders have not made a loan payment in a year, yet still occupy rent-free dwellings. The European sovereign debt has shaken the entire government financial structures, offering a preview of what comes to the sacrosanct Untied States and Untied Kingdom. In its wake, a fire is lit under gold as a recognized safe haven asset that has no debt attachment or counter-party risk.
Wednesday, June 23, 2010
What The Economist Doesn't Know About Gold / Commodities / Gold and Silver 2010
By: Adrian_Ash
Two things happen to cash savers (meaning pretty much everyone) when real interest rates get stuck below zero...
HOW HAS GOLD reached and breached new all-time highs in the absence of strong 1970s-style inflation?
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Wednesday, June 23, 2010
When Will the SEC Prosecute for Gold Market Price Rigging? / Commodities / Gold and Silver 2010
By: Global_Research
Michael Schmidt writes: For thousands of years, gold has been a central monetary component of most civilizations. It is durable and has been able to retain its value even to this day. That, in and of itself, is extremely remarkable considering how many paper currencies that have went the way of the dodo.
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Wednesday, June 23, 2010
Metals Industry Confidence Creeping Back as Australian Prime Minister Put on the Defensive / Commodities / Gold and Silver 2010
By: Neil_Charnock
Breaking news in Australia as the Prime Minister falls on the super tax sword. PM Rudd is going to fight this leadership challenge however this is still a great moment for Australia. The people have already voted forcing the government to shift to a new leader tomorrow. The mining industry in Africa and Canada, Brazil and elsewhere will weep a few tears of sorrow. But Labor is not dead yet and we have to see if they will now distance themselves from Henry, Rudd and the RSPT. This writer could not imagine that they could do anything else but run as far from this tax proposal as they can.
Wednesday, June 23, 2010
Gold "Supported by US Fed" as Eurozone Faces 1st July "Liquidity Drought" / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in wholesale dealing reversed an earlier 0.6% gain as New York opened for business on Wednesday, slipping back to its overnight range around $1239 an ounce.
Broad commodity markets ticked lower as Asian stocks closed the day lower and G7 government bonds rose.
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Wednesday, June 23, 2010
Falling Stocks, Gold, Silver and Miners / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
In our previous essay we have mentioned that it does not seem that the ultimate top for this gold rally is behind us. Consequently, this week we would like to provide more information on what may influence various segments of the precious metals market, and what you can do about it.
Wednesday, June 23, 2010
Gold Robust as Equities Fall On Concerns Over U.S. Economic Recovery and Sovereign Default Risk / Commodities / Gold and Silver 2010
By: GoldCore
Gold's slight gains and resilience yesterday has surprised the bears who were expecting further falls. The downside reversal pattern seen on Monday may not have incurred as much technical damage as thought - especially if gold can manage to eke out a higher weekly close this week - above $1255/oz.
Wednesday, June 23, 2010
Why Many Analysts See Gold Going As High As $10,000 / Commodities / Gold and Silver 2010
By: Lorimer_Wilson
My first reaction when I read an article on this site by Arnold Bock - articulating why gold would go to $10,000 – by 2012 no less - was amazement. Who in their right mind would suggest that gold would eventually reach $2,500, let alone $5,000 or even $10,000? Well, I did some investigation and, believe it or not, Bock is in lofty company. Many respected individuals, such as David Rosenberg, Peter Schiff, Harry Schultz, Rob McEwen and many others, have come to the same conclusion. Below is a partial list of such individuals with sound reasons to substantiate their views.