Category: Gold and Silver 2011
The analysis published under this category are as follows.Friday, April 29, 2011
Secret Silver Buying as Comex Heads for Default? / Commodities / Gold and Silver 2011
Gold rose to new record nominal highs at $1,540.85/oz in early Asian trading last night. Silver and gold remain very close to nominal highs today as the beleaguered US dollar remains under pressure due to ultra loose US monetary policies, deepening inflationary price pressures and concerns about the feeble economic recovery.
Read full article... Read full article...
Friday, April 29, 2011
Silver The Next Greatest Trade Ever? / Commodities / Gold and Silver 2011
Peter Krauth writes: Silver is better than gold. In fact, it's poised to be the "Greatest Trade Ever."
I know that's a big statement. I'm certain that it grabbed your attention. Perhaps you're even considering arguments that would shoot it down.
Read full article... Read full article...
Friday, April 29, 2011
Silver Downside Price Targets / Commodities / Gold and Silver 2011
Silver is in a structural bull market and will see significantly higher prices in the coming years. However, now is not the time to be buying. The market has spiked and a retracement is coming. Sentimentrader.com’s public opinion as of last week was over 90% bulls. The daily sentiment index as of last week was 96% bulls. A correction is coming. We have two charts to help decipher a potential bottom.Read full article... Read full article...
Friday, April 29, 2011
Silver Rally Can’t Stop to Breathe / Commodities / Gold and Silver 2011
Investors don’t know what to do with commodities. Traders are asking, “is it too late?” and “have we gone too high?” The question, of course, isn’t easy to answer, but the simple reality is that there won’t be too high of prices until the dollar becomes too low.
In light of recent events around the world, the Fed has remained incredibly lax in its policy to push interest rates and the dollar to zero. Most every central bank has tightened, is expected to tighten, or must tighten (think China) to keep their currencies from plunging to zero.
Read full article... Read full article...
Friday, April 29, 2011
Gold, Gresham's Law and the Dong / Commodities / Gold and Silver 2011
What happens when people actively shun their official currency...?
GOVERNMENTS are often tempted to live beyond their means. Today, that means national debts and quantitative easing. But a few hundred years ago, it meant debasing coinage.
Read full article... Read full article...
Thursday, April 28, 2011
Gold Hits Fresh Record High Consistent with Rising US Inflation / Commodities / Gold and Silver 2011
WHOLESALE PHYSICAL gold investing extended last night's strong price gains on Thursday in London, heading into the second 4-day weekend in succession at fresh all-time highs above $1534 per ounce as new US data showed inflation accelerating sharply.
Major-economy government bonds all rose, nudging yields lower, after the Federal Reserve last night held US interest rates near zero for the 28th month in succession.
Thursday, April 28, 2011
Worse Than Madoff: The Bankers' Silver Scam Is Unwinding / Commodities / Gold and Silver 2011
In short, Avery Goodman has come to the conclusion that silver is rising because a long term suppression racket has been exposed.
I came to this same conclusion some time ago, and recently restated it: What I Think the Fluctuations in the Comex Silver Inventory Mean.
Thursday, April 28, 2011
Silver Parabolic Blowoff, Gold Price Steady / Commodities / Gold and Silver 2011
The virtues of gold (GLD) and silver (SLV) are being addressed far and wide. My readers know the steady drumbeat of praise that is reaching a crescendo for the white metal scares the hell out of me. The driving forces behind silver’s price come from investors, industrial demands and a global shortage. The world simply is using more silver than the mines produce and new silver discoveries are becoming difficult to find. These factors are becoming truisms for public consumption. A parabolic rise has formed in silver as gold advances on to our measured target of $1600.
Read full article... Read full article...
Wednesday, April 27, 2011
Gold Rises as U.S. Rates Set to Stay "Exceptionally Low" / Commodities / Gold and Silver 2011
THE WHOLESALE MARKET price to buy gold rose but silver held flat in Asian and London trade on Wednesday, as the Dollar fell, European equities rose, but "peripheral" Eurozone debt sank again, driving credit-default insurance costs up to new record levels.
Crude oil and natural gas prices bucked a drop in the broad commodities market.
Wednesday, April 27, 2011
Gold and Silver Bubble? Some ETF Retail Investors Are Taking Profits / Commodities / Gold and Silver 2011
Gold and silver are tentatively lower this morning despite the dollar and especially the yen being under pressure. The possibility of Japan being downgraded has seen the yen join the dollar under pressure and gold has risen to over 124,000 Japanese yen per ounce, some 2% below the record nominal high just over 126,000/oz.
Read full article... Read full article...
Wednesday, April 27, 2011
Silver Top or Not? / Commodities / Gold and Silver 2011
When gold hit the psychologically important $1,500 level it didn't surprise us, but we admit that silver’s recent performance gave us a small thrill. Before jumping into the chart analysis, let’s have a look into the factors that contributed to metals’ spectacular rally over the past couple of weeks.
For the first time in its history the U.S.'s perfect AAA credit rating was downgraded, and for the first time in history, gold hit the $1,500-an-ounce mark. Also, the news over the week end of a $1 billion gold bullion purchase by one of the largest college endowment funds sent a strong message about gold’s re-emergence as a respected, legitimate asset class.
Read full article... Read full article...
Tuesday, April 26, 2011
Gold and Silver Correction Possible but Store of Value Demand Remains / Commodities / Gold and Silver 2011
Silver and gold are lower today after the record nominal highs seen yesterday (gold marginally and silver significantly). Gold reached $1,518.30 per troy ounce, a nominal record, while silver climbed to $49.79 per ounce, its highest nominal level since the short term parabolic spike in 1980.
Read full article... Read full article...
Tuesday, April 26, 2011
Gold Back Above $1500 as US Ranked 4th Riskiest Sovereign Debtor / Commodities / Gold and Silver 2011
THE PRICE OF GOLD reversed an overnight dip beneath $1500 per ounce in London on Tuesday morning, trading within 1% of Monday's new record high at $1518 as European stock markets rose together with major government bonds and energy prices.
Following yesterday's dramatic Asian trade and greater-than-7% price range, "Silver showed further weakness" according to one Hong Kong dealer, "stretching [his] expectation about how volatile it could be."
Tuesday, April 26, 2011
Silver Parabolic Move Was 5 Times Faster in 1980 than Today / Commodities / Gold and Silver 2011
This essay will attempt to address the question of whether or not silver prices are in a bubble, or possibly may be turning into a bubble and if so what trading strategies may be suited to the situation. This article will hopefully provide another string to the readers bow in attempting to identify bubbles and being able to protect one’s portfolio and even potentially profit from them. For the record we feel it is prudent to state our view upfront, we do not think silver is in a bubble at this point in time. However we think that it is likely that it will become a bubble in the future, but we cannot say when or at what price.
Read full article... Read full article...
Tuesday, April 26, 2011
Silver Bullion Investors Are Being Hoodwinked by the Futures Market / Commodities / Gold and Silver 2011
The Silver market is in a bubble stage right now. No one really knows how long this will last, whether Silver goes up another $5, 10, 20 doesn`t really matter for investors who are buying the physical metal in the form of coins because when the bubble ends they are going to be sitting on a depreciating asset.
Read full article... Read full article...
Tuesday, April 26, 2011
Silver Key Intra-Day Reversal / Commodities / Gold and Silver 2011
On Monday, the silver market experienced a key intra-day reversal. During Asian trading, the price of silver surged to almost US$50 per ounce (+5% intra-day), however during European trade, selling came in and the metal struggled to stay firm. Thereafter, when the US market opened, the price of silver plunged to below its previous close. In other words, the silver market experienced a classic intra-day reversal, which usually markets the end of a parabolic move.
Read full article... Read full article...
Tuesday, April 26, 2011
High Gold Prices Raise Old Mines / Commodities / Gold and Silver 2011
Dramatic rises in metals prices over the past 2 years could bring 10 or more past-producing mining camps back to life. In this Gold Report exclusive, MineralFields Group's Engineer and Investment Analyst Ron Wortel shares how he finds promising gold juniors working these mines and structures tax-advantaged, flow-through investments to finance Canadian resource development.
The Gold Report: Ron, can you give us a little background on your company, MineralFields Group, and what it'll be looking at in the future? Read full article... Read full article...
Tuesday, April 26, 2011
Gold Investors Don’t Fear a Pullback in Prices / Commodities / Gold and Silver 2011
The S&P credit agency sent shockwaves through the global financial system on Monday when it issued a warning on U.S. debt and changed its outlook on the U.S. sovereign credit rating from “stable” to “negative.” This sent markets lower and the prices of commodities such as oil rocketing back above $110 per barrel and both gold and silver to new highs.
Read full article... Read full article...
Tuesday, April 26, 2011
The Coming Junior Gold and Silver Stock Eruption / Commodities / Gold and Silver 2011
The junior market is on the verge of blowing up like a “Coke geyser.”
If you’re not one of the 13 million views of what happens when Mentos are dropped into a bottle of Diet Coke, you should know it creates an eruption of foam reaching as high as 20 feet.
Monday, April 25, 2011
Parabolic Silver / Commodities / Gold and Silver 2011
It's the hot topic of the moment, and everyone is offering an opinion, so I'll be succinct. The question I am asking myself is, do I want to take partial profits on silver here?
Read full article... Read full article...