Category: Gold and Silver 2011
The analysis published under this category are as follows.
Friday, April 15, 2011
Gold Hits New Dollar High, Silver Extends Sterling Records on China Inflation / Commodities / Gold and Silver 2011
By: Adrian_Ash
WHOLESALE-MARKET PRICES to buy silver and gold jumped at the start of Asian trade on Friday, hitting new 31-year and all-time Dollar records respectively, as Beijing reported a surge in China's growth and inflation rates.
Hitting a 3-year high of 5.4% – and with current bank-deposit rates raised last week to just 3.25% – "China's outlook for inflation might raise the threat of more aggressive monetary conservatism by Chinese authorities," says Standard Bank, especially given that GDP figures were also unexpectedly strong" at 9.7% year-on-year.
Friday, April 15, 2011
Gold and Silver Reach New Record Highs / Commodities / Gold and Silver 2011
By: GoldCore
Gold and silver have reached new all-time and 31-year record highs in trading in London this morning. Silver is particularly strong and the euro particularly weak on sovereign debt contagion concerns.
Inflation and sovereign debt fears are leading to continued safe haven demand. It is as important as ever to note that the record highs are nominal highs and inflation adjusted gold and silver remain a long way from their respective highs of $2,400/oz and $140/oz in 1980. These inflation adjusted highs remain viable long term price targets.
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Friday, April 15, 2011
Gold Guru on What the Mainstream Financial Press Talking Heads Don't Understand / Commodities / Gold and Silver 2011
By: DailyWealth
Dr. Steve Sjuggerud writes: The price of gold has soared by nearly $1,200 in the last 10 years.
Today, it's around $1,450 an ounce. A decade ago, it was $260. That's a more-than-fivefold rise in the price of gold in a decade – which dwarfs the gains of the housing bubble of 2006.
Thursday, April 14, 2011
Will Gold and Silver Survive the Double Dip? / Commodities / Gold and Silver 2011
By: John_Browne
It is rare in recent history for precious metals to appreciate in parallel with the broader stock market. Yet, this has been the case in the two years since the stock market began crawling out of the wreckage of the 2008 financial crisis. Although metals have vastly outperformed US equities over that time frame, it is noteworthy that stocks have gone up at all. Since January 2, 2009, the S&P 500 stock index is up just about 50%. Over the same time, gold is up 68% and silver is up a staggering 267%. With rising interest rates, oil at over $100 a barrel, and the recovery running out of steam, many investors are wisely asking if the markets are set for a sharp pullback. Given the correlation that we have seen across asset classes, some are making the seemingly logical conclusion that metal prices are vulnerable.
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Thursday, April 14, 2011
State of Utah Recognizes Gold Coins As Money / Commodities / Gold and Silver 2011
By: MISES
The state of Utah has recently enacted a law by which the gold coins issued by the US Mint are to be considered money and, therefore, not subject to capital-gains taxation. The law does not apply to foreign-issued coins, such as South African Krugerrands, by far the most popular precious-metal coin in the world. Nor does the law apply to privately issued coins, such as the so-called Ron Paul Dollar. Capital gains on the US-issued coins would still be subject to federal taxation.
Thursday, April 14, 2011
Gold and the Dollar Death by Slow Fuse or Eventual Crushing / Commodities / Gold and Silver 2011
By: Richard_Hartley
I decided to apply Martin Armstrong's Pi model of Economic Confidence to the demise of the dollar and predictive gold. The graphic below shows the ascent of Gold to new highs of $8300 dollars in 2018 based on the 4.3 year cycle and the private long cycle of 51.6 years that Armstrong developed. As Armstrong said last week in this article it looks like the period 2015.75 through to 2020.05 is going to be a lot worse than this present one has been.Read full article... Read full article...
Thursday, April 14, 2011
Gold Slips, "Huge Speculation" Makes Asian Silver Market "Dysfunctional" / Commodities / Gold and Silver 2011
By: Adrian_Ash
LONDON'S WHOLESALE-MARKET price for gold fell against a rising US Dollar in London on Thursday, dropping back to $1454 per ounce but rising for Euro and Sterling buyers as world stock markets fell alongside commodities.
Major-economy government bond price rose, nudging 10-year US Treasury yields down to 3.44%.
Thursday, April 14, 2011
Euro Falls against Gold and Particularly Silver as Greek 10-Year Yield Surges Over 13.2% / Commodities / Gold and Silver 2011
By: GoldCore
Gold is tentatively higher against the euro but mixed against other currencies, while silver is higher again in most currencies. Both probed upward this morning and are exhibiting signs that they may push higher prior to a much anticipated correction.
The Greek 10-year yield has just surged over 13.2% and this is leading to falls in the euro and risk aversion with equities, commodities and oil falling.
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Thursday, April 14, 2011
Gold Targets $1500, Soaring Silver Hammers the Shorts / Commodities / Gold and Silver 2011
By: Bob_Kirtley
Since early January 2011 the USD has lost 7.4% of its value and needs to manage any further decline or stabilize at this point in order re-assure holders of this currency, that all is not lost. As we see it there will be short rallies on the way down but the ‘74′ level will soon be breached and then its down the ‘72′ level. The technical indicators are firmly in the oversold zone so a short rally is possible at this juncture, however, as the chart shows we have a had a number of rallies already this year that have amounted to nothing.
Thursday, April 14, 2011
Gold Forecast Not to Hit $2,000/oz / Commodities / Gold and Silver 2011
By: The_Gold_Report
Not long after a New York Times headline quipped, "Now the Gold Rush Is to the Exits," Campbell & Lee Investment Management Cofounders, Bruce Campbell and Joe Lee, hung out their shingles in Oakville, Ontario. That was late in 1999. With the price of the precious metal (PM) sinking toward its lowest level since 1975, when the U.S. abandoned the gold standard, the new investment management company had no reason to focus on PM companies. Obviously, as Bruce tells us in this exclusive Gold Report interview, the company has since shifted its focus.
Thursday, April 14, 2011
Silver Offers the Only Positive Return / Commodities / Gold and Silver 2011
By: Dr_Jeff_Lewis
When thinking about an investment, the best managers look for returns that beat what they perceive to be average. In the long run, wealth is a relative measure—today, even the poorest people are wealthier than the richest people five hundred years ago, though we’d still say that today’s poor are poor.
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Wednesday, April 13, 2011
Soaring Gold and Silver Prices Amidst Inflationary Pressures / Commodities / Gold and Silver 2011
By: Bob_Chapman
Neither government nor anyone is smarter than the markets. As they say the trend is your friend. All you have to do is get on for the ride. It’s really as simple as that. The trick is picking the trend. We were fortunate enough to pick gold and silver in June of 2000. We went long and stayed long all those years only occasionally making a trade. Every time there was a correction we recommended further purchases.
Wednesday, April 13, 2011
Calculating the "Fair Value" of Gold / Commodities / Gold and Silver 2011
By: Paul_Tustain
In the absence of cashflow, judging gold's present "fair value" means analysing it like an insurance actuary would...
WITH ITS incredibly constant supply and unsurpassed history as a store of value, physical gold is the wise choice for retained wealth during currency crises. But for new buyers, is today's price too high?
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Wednesday, April 13, 2011
Gold and Silver Rally, Economic Backdrop "Got to Be Good" for Gold Investors / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE PRICE OF PHYSICAL gold investment bars in wholesale trading regained half of the week's near-2% drop on Wednesday in London, touching $1462 per ounce as global stock markets ticked higher and government bonds eased back.
European Brent crude oil rallied to $121 per barrel after losing 6% in two trading days, while Kuwait suspended oil exports due to sandstorms, and Libya's new "contact group" of politicians called for Colonel Gaddafi to quit.
Wednesday, April 13, 2011
Central Banks Favour Gold and AAA Rated Government Debt / Commodities / Gold and Silver 2011
By: GoldCore
Stocks are higher in Europe after gains in Asia despite losses on Wall Street yesterday. Gold and silver are showing tentative gains after 1% declines yesterday. Gold is particularly strong in yen terms as the yen has weakened against all 16 of its major peers (see cross currency tables). China’s yuan climbed to a 17-year high versus the dollar but is lower against the precious metals.
Wednesday, April 13, 2011
Why Is Silver Rising Faster Than Gold? / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
Silver is breaking new records today at almost $40 and gold is touching new highs of $1,458. Looking back, over the last few years we have seen gold rise from around $312 to $1,458 a rise of 4.67 times and silver from around $6 to $40 a rise of 6.67 times.
Wednesday, April 13, 2011
Silver Options: How to Protect Your White Metal Profits / Commodities / Gold and Silver 2011
By: Money_Morning
Larry D. Spears writes: Turn on the television or flip through the pages of any major newspaper, and the top stories will be either the stock market's unrelenting rise in recent days or gold's climb to yet another record high.
Without question, both are worthy of note - but the real star over the past eight months has been silver.
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Wednesday, April 13, 2011
Silver Investing Strategies, and the Outlook for Gold / Commodities / Gold and Silver 2011
By: Money_Morning
Silver rose as high as $41.98 an ounce this week - a 31-year high - and has remained above the $40-an-ounce level. That means that the "other" precious metal is up about 32% so far this year - and has more than doubled since Money Morning recommended it to readers in early September.
But where does it go from here? And how should investors position themselves? To answer those questions - and others - Money Morning brought its top "gurus" together for a roundtable discussion.
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Wednesday, April 13, 2011
Gold at Record Highs, but Bullish Sentiment Lags / Commodities / Gold and Silver 2011
By: Jordan_Roy_Byrne
Over the past few weeks Gold has traded at or near record highs. It has yet to embark on a sustained breakout but that is not because Gold is a crowded trade. In recent months money has moved into equities, Oil and Silver. As a result, some hot money and speculative money has moved out of Gold, leaving the market in a healthier state.
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Wednesday, April 13, 2011
Buying Gold Coins, What You Need to Know / Commodities / Gold and Silver 2011
By: Gary_North
If you did what Bill Bonner and I have been recommending for a decade, you own gold. Bonner began promoting the purchase of gold in the year 2000. I strongly promoted this for my subscribers after September 11, 2001, when the Federal Reserve began pumping up the monetary base in earnest. Neither of us has ever stopped recommending holding money in gold.