Category: Gold and Silver 2011
The analysis published under this category are as follows.
Thursday, November 24, 2011
Gold Price Going to Fall to $1,500? / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
With the worsening Eurozone crisis and the failure of government to manage the U.S. debt responsibly, markets are fearful of a meltdown. Traders are driving prices down in the knowledge that many positions are geared [leveraged] and exposed to margin calls. Other positions are protected by 'stop loss' instructions, so can be triggered by prices moving down through support levels. Potential buyers are in no hurry to enter the market, either because they feel there is further to fall or because the volumes dictating price moves are too thin to get the sort of positions they want. Overall, the investment climate is very wintery from the bottom of the financial structures right up to the markets themselves.
Thursday, November 24, 2011
Gold and Silver "Need Dollar to Weaken" as Debt Downgrades Strike Portugal and Egypt / Commodities / Gold and Silver 2011
By: Ben_Traynor
The WHOLESALE-MARKET gold price briefly crept back above $1700 per ounce once again on Thursday morning in London, rising faster in Sterling and Euros as they slipped back versus the Dollar on the forex market.
With New York shut for Thanksgiving, Japan's Nikkei index fell to its lowest level since April 2009, but European stock markets bounced hard from this week's 6% drop.
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Thursday, November 24, 2011
Silver Margin Requirements: How the CME System Increases Price Volatility / Commodities / Gold and Silver 2011
By: Bob_Kirtley
In this article we investigate the 2011 Chicago Mercantile Exchange (CME) silver margin requirement increases and what effect they have had. Margins necessarily need to rise and fall, to ensure there is minimal default risk in the market, but the system the CME utilizes to achieve this has a lot of room for improvement in our view.
Wednesday, November 23, 2011
Liquidity Crunch Brings Down Precious Metals / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
In this liquidity strapped market, gold and silver continue to decline. Last week, gold fell 3.5%, while silver declined 6.5%. Now, gold and silver continue to head lower as liquidity evaporates and the US dollar strengthens.
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Wednesday, November 23, 2011
Gold Slides as Euro Falls after "Disastrous" German Bond Auction / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold bullion prices slid to $1685 an ounce Wednesday morning in London – 6.5% down on the November high – having briefly moved back above $1700 a few hours earlier.
"Negative sentiment surrounding the Eurozone sovereign debt crisis and concerns that some economies are heading for a 'double-dip' recession continues to lift market uncertainty and consequent choppy conditions," says a note from Swiss gold bullion refiner MKS.
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Wednesday, November 23, 2011
Gold Supported as Eurozone Contagion Deepens After Disastrous German Auction / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,687.10, EUR 1,262.60, GBP 1,086.30, CHF 1,554.20, JPY 130,590 and CNY 10,760 per ounce.
Gold’s London AM fix this morning was USD 1,686.00, GBP 1,083.55, and EUR 1,260.46 per ounce.
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Wednesday, November 23, 2011
The Silver Market Lacks Integrity / Commodities / Gold and Silver 2011
By: Ron_Hera
The Hera Research Newsletter (HRN) is pleased to present an incredibly powerful interview with Keith Neumeyer, Chief Executive Officer, President and Director of First Majestic Silver Corp. (TSX:FR / NYSE:AG).
Mr. Neumeyer began his career at the Vancouver Stock Exchange and worked in the investment community for 26 years beginning his career in a series of Canadian national brokerage firms including McLeod Young Weir (now Scotia McLeod), then Richardson Greenshields and then Walwyn Stogell McCuthchen (which became Midland Walwyn).
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Tuesday, November 22, 2011
Is Gold Still the Answer for Investors? / Commodities / Gold and Silver 2011
By: Casey_Research
Bud Conrad, Casey Research writes: Though late to the party as usual, the proverbial man on the street – along with members of mainstream media and Wall Street heavyweights – is finally waking up to the decade-long, 700% increase in the price of gold, joining a growing buzz around the monetary metal. From questions whether gold is in a bubble to predictions that soaring prices are just around the corner, one thing is clear: a new phase of awareness for gold is upon us. How far might it move before these troubling times are over?
Tuesday, November 22, 2011
Sovereign Debt Worries Could Spur Gold Rally / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR prices to buy gold climbed to $1699 an ounce Tuesday morning London time – though still 1.5% down for the week so far – following yesterday's sharp drop which saw gold fall to a four-week low of $1668.
Sovereign debt concerns meantime continued to make headlines in both Europe and the US, as Spain saw its borrowing costs rise further and US politicians lamented the deficit super committee's collapse.
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Tuesday, November 22, 2011
Gold Falls Again on Options Expiry, Supported by Global Debt Crisis & Iranian Oil Jitters / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,696.10, EUR 1,252.60, GBP 1,083.30, CHF 1,546.20, JPY 130,370 and CNY 10,780 per ounce.
Gold’s London AM fix this morning was USD 1,697.50, GBP 1,083.90, and EUR 1,253.14 per ounce.
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Tuesday, November 22, 2011
China Changing the Global Gold Market / Commodities / Gold and Silver 2011
By: Money_Morning
Larry D. Spears writes:
While many investors have been distracted by the goings on in Europe, China has been making a dent in the global gold market by making it easier for investors to buy and invest in the yellow metal.
The goal: To dominate the global gold market and carve out a new role for its currency, the yuan.
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Monday, November 21, 2011
Gold Takes Another Step Towards Reserve Currency Status? / Commodities / Gold and Silver 2011
By: William_Bancroft
In the World Gold Council’s (WGC) latest quartley report on demand trends some interesting statistics were revealed which generally show a maturing in the gold market, especially in the geographical spread of demand and mine supply. We learn that third quarter gold demand increased a healthy 6% year-on-year to just over a thousand tonnes. A strong rise in investment demand was the main driver of overall demand and jewelry demand declined.
Monday, November 21, 2011
Gold Down along with Stocks on Potential Failure of Congressional Committe / Commodities / Gold and Silver 2011
By: Ben_Traynor
SPOT MARKET gold prices continued falling Monday morning in London, touching $1701 per ounce – 1.3% down on Friday's close – as the US Dollar rallied, despite reports of failure by the congressional 'super committee' to agree on how to tackle the US deficit.
"[Gold] Prices didn't correct enough [last week]," says one dealer in Singapore, adding that gold prices "need to go below $1700 and stay, otherwise people won't buy".
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Monday, November 21, 2011
US $15 Trillion National Debt ‘Supercommittee’ Impasse Supports Gold / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,706.10, EUR 1,270.60, GBP 1,089.30, CHF 1,569.20, JPY 131,170 and CNY 11,190 per ounce.
Gold’s London AM fix this morning was USD 1,704.00, GBP 1,085.42, and EUR 1,266.44 per ounce.
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Monday, November 21, 2011
Gold and Silver Precious Metal Charts Point to Higher Prices / Commodities / Gold and Silver 2011
By: Chris_Vermeulen
Over the recent couple months the precious metals charts have made some sizable moves. Most investors and traders were caught off guard by the sharp avalanche type selloff and lost a lot of hard earned capital in just a few trading sessions. Gold dropped over 20% and silver a whopping 40%.
Monday, November 21, 2011
Why Silver For A Monetary Collapse? / Commodities / Gold and Silver 2011
By: Hubert_Moolman
We are at the edge of a major economic crisis. Our monetary system is the underlying cause of this major crisis. The massive debt bubble created by our monetary system is about to burst. The demonetization of gold and silver, has over the years diverted value from these metals, to all paper assets (such as bonds) linked to the debt-based monetary system.
Sunday, November 20, 2011
Silver Trend Rethink on Mounting Deflation Threat / Commodities / Gold and Silver 2011
By: Clive_Maund
We have had a major rethink since the last update was posted, which was one reason why no update was posted last weekend. This rethink has been occasioned by the rapid tilt towards deflation of the past couple of weeks. In the last update you may recall that we assumed that politicians and world leaders would follow the easiest route of QE which would lead in the direction of hyperinflation, but we really should know by now that you can't assume anything in this business. For sure, most of them would like to follow this route, for it buys them the maximum time before they end up at the end of a rope, but unfortunately for them they are losing control and things are starting to fall apart at alarming rate.
Sunday, November 20, 2011
Gold Caution on Building Deflationary Forces / Commodities / Gold and Silver 2011
By: Clive_Maund
Gold has behaved as predicted in the last update, which was two weeks ago. It advanced a little further into nearby resistance, before reacting back quite sharply on Thursday. However, whereas in the last update we were looking to buy on this dip in the expectation of renewed advance, we are now more cautious, due to mounting evidence that politicians and world leaders may soon be overwhelmed by deflationary forces despite their strenuous efforts to keep them at bay by means of endless QE.
Sunday, November 20, 2011
Gold Turns Bearish Short-term / Commodities / Gold and Silver 2011
By: Merv_Burak
Take away Thursday’s drop and we have a week that did nothing for gold. However, we cannot take Thursday away so it was a negative week. It looks like more to come, from a technical point of view.
Saturday, November 19, 2011
Go for the Gold: Metal to Rise as Financial Tactics Fail / Commodities / Gold and Silver 2011
By: Barry_Elias
Twelve years ago, Goldman Sachs converted from a private partnership to a publicly traded company.
This enabled them to take more extreme risk at the expense of others (e.g., clients, taxpayers). Co-CEO Jon Corzine was instrumental in consummating this conversion, receiving roughly $400 million from the initial public offering (IPO).
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