Category: Gold and Silver 2011
The analysis published under this category are as follows.
Wednesday, February 16, 2011
Gold GLD ETF Making a Bottom / Commodities / Gold and Silver 2011
By: Guy_Lerner
The SPDR Gold Trust (symbol: GLD) is making an intermediate bottom making support and stop loss levels easily identifiable.
Figure 1 is a daily chart of the GLD. The yellow (and sometimes red and yellow) dots on the price charts represent key pivot points. Key pivot points represent the most intense zones of buying (support) and selling (resistance). A "typical" bottoming pattern would be for GLD (and most assets) to trade below a key pivot point or support level taking out stops and then reversing higher. Recent price action has GLD trading below the key pivot at 133.51.
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Wednesday, February 16, 2011
Gold and Silver ETFs Investor Warning / Commodities / Gold and Silver 2011
By: GoldSilver
Gold Exchange Traded Funds ( ETFs ) are expensive!
Gold ETF fees vs. Brink’s Segregated Vault Storage costs
Example: $500,000 or 360 oz gold bullion with $ 1356.70 gold spot.
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Wednesday, February 16, 2011
Silver and Opium / Commodities / Gold and Silver 2011
By: Professor_Emeritus
The opium wars do not belong to the glorious episodes of Western history. Rather, they were instances of shameful behavior the West still has not lived down. Mercantilist governments resented the perpetual drain of silver from West to East in payment for Oriental goods (tea, silk, porcelain) that were in high demand in the Occident, facing low demand in the Orient for Occidental goods. From the mid-17th century more than 9 billion Troy ounces or 290 thousand metric tons of silver was absorbed by China from European countries in exchange for Chinese goods.
Tuesday, February 15, 2011
Healthy Correction For Gold Miners And Precious Metals In Secular Bull Market / Commodities / Gold and Silver 2011
By: Jeb_Handwerger
One of the most difficult decisions an investor must make is to determine if a turning point is of short term or long term consequence. The markets give subtle clues to students of the market of impeding danger and times of caution. A stock's reaction to news items may tell us the authentic underlying strength. In November and December gold, silver and mining stocks sold off China raising rates and now in February shruggs off the news.
Tuesday, February 15, 2011
Gold, Long Bonds, The Only Trend That Matters / Commodities / Gold and Silver 2011
By: DailyWealth
Porter Stansberry with Braden Copeland write: We call it "the only trend that matters."
It is the most important financial idea we could ever give to you. The fate of millions of Americans rests in a single market, where just one financial instrument trades, and...
Tuesday, February 15, 2011
Eye on Gold and Silver / Commodities / Gold and Silver 2011
By: Mike_Paulenoff
A mixed bag in the metals sector today, which bears close watching for the iShares Silver Trust (SLV), Silver Wheaton (SLW), the SPDR Gold Shares (GLD), and Freeport-McMoRan Copper & Gold (FCX).
The SLV is pushing up towards a challenge of its Jan high at $30.44, although for the first time since the pivot low on Jan 25, the SLV is not leading the charge today. Instead, SLW is out front. The change in profile is bothersome to me, as the SLV needs to retake the leadership role.
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Tuesday, February 15, 2011
Gold, Silver and the Validity of Technical Analysis Part 2 / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
Recently the economics site: www.FinanceandEconomics.org published an article on "Precious Metals and the validity of Technical Analysis." We completely agree with the thoughts expressed there and in this piece would like to expand on their thoughts here. Over the last eight years or so, we have seen the Technical Analysis approach to the gold price give incorrect signals, when seen in isolation. Many times the technical picture pointed down on the gold price in the face of a strong fundamental picture. We know that this has wrong-footed many gold investors who found themselves waiting for a fall only to see it consolidate then rise. Over the last few years it has done this more frequently until we find at the Gold Forecaster we approach technical analysis in a way that allows for this and complements the fundamentals.
Tuesday, February 15, 2011
Gold and Silver Jump as Global Inflation Rises / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE PRICE OF GOLD jumped Tuesday morning in London, hitting $1375 per ounce and setting four-week highs for Dollar, Euro and Sterling investors, as world stock markets again held flat and commodity prices rose.
The silver price rose another 1% to $30.88 per ounce – its best level of 2010 so far.
Tuesday, February 15, 2011
Gold and Silver Rise Immediately on Higher than Expected UK Inflation / Commodities / Gold and Silver 2011
By: GoldCore
Silver and particularly gold rose sharply on the release of the higher than expected UK inflation data. It showed that UK inflation quickened to 26 month highs at 4.0%. Currency debasement and higher food and energy prices are leading to an inflation surge in both developed and emerging markets.
Tuesday, February 15, 2011
Gold For Valentine's Day / Commodities / Gold and Silver 2011
By: Anthony_J_Stills
"Be ashamed to die until you have won some victory for humanity." ~ Horace Mann (1796 - 1859)
Today the White House sent its budget to Congress and it will hit US $1.6 trillion for 2011, well above the previous US $1.3 trillion estimate. The proposed budget deficit for 2012 is US $1.1 trillion. In spite of cutting US $1.5 trillion over the next decade, at no time is the deficit projected to be less than US $655 billion over the next nine years. Don't forget that these are "estimates" and the government is always too low. Now both parties will start to bargain and fight for their respective pork as the deadline to extend the debt ceiling is less than sixty days away. If both parties fail to agree, government would have to shut down operations and that would have a detrimental affect on the US economy. I predict that it will be very difficult for both sides to come to an agreement and that just might prove to be the outside influence that rattles the markets and brings and end to all the exuberance regarding the so-called recovery.
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Tuesday, February 15, 2011
Look to History to Profit from Gold / Commodities / Gold and Silver 2011
By: The_Gold_Report
Gold in the Carolinas? "Absolutely," says Jefferson Financial President and CEO Brien Lundin, who also publishes the Gold Newsletter. It's just one region where historic discoveries, ignored when gold prices were low, are now being re-examined with modern exploration techniques. The results, he says, are promising. Learn more about his take on the economy, the seasonal effect on gold prices and the "frothy" metals market in this exclusive interview with The Gold Report.
Monday, February 14, 2011
Silver Shortage Blamed on "Miner Hedging" as Price Rises with Gold, Global Inflation Data Eyed / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE PRICE OF gold and silver rose back to last week's highs early in London on Monday, hitting $1364 and $30 per ounce respectively even as the US Dollar rose to 1-month highs on the currency market.
European stock markets slipped but government bonds and commodity prices were little changed after China reported a further rise in its imports, led by a 5.7% rise in copper demand.
Monday, February 14, 2011
Silver Bullion COMEX Stocks at 4-Year Low as Backwardation Deepens / Commodities / Gold and Silver 2011
By: GoldCore
Gold and silver are higher after last week’s 1% and 3.5% gains in dollars. Silver is particularly strong again this morning and the euro has come under pressure as bonds in Ireland, Spain, Portugal and Greece continue to rise. While Asian equity markets were higher, European indices have given up early gains.
Sunday, February 13, 2011
Buying Homes with Cash… Gold Edges Closer to Currency Status / Commodities / Gold and Silver 2011
By: Investment_U
Steve McDonald writes: Despite the gloomy housing numbers, many of the hardest hit areas in the real estate crash are seeing big new buying activity.
And not only that, it’s happening in cash.
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Sunday, February 13, 2011
Gold Bull Market Parabola / Commodities / Gold and Silver 2011
By: Lorimer_Wilson
GoldRunner writes: Gold is in an historic Bull Market because most nations are printing their paper currencies like they are going out of style (and maybe they are) as each nation tries to battle off the massive deflationary backdrop of debt that has permeated most of the world. This surge of debt monetization - this devaluing of the U.S. Dollar for one - has set the scene for a parabolic rise in $Gold to $1860, or higher, over the coming months before an intermediate-term correction takes place. Let me explain.
Sunday, February 13, 2011
Gold Fails to Respond to Middle East Crisis, Looks Ready for More Downside Action / Commodities / Gold and Silver 2011
By: Merv_Burak
The upheaval in the Middle East has done nothing for gold. It looks like gold is ready for more downside action. A move to $1305 would not be good. The “Penny Arcade Index” is still okay so any downside activity shouldn’t last for too long.
Saturday, February 12, 2011
Gold is as Good as Cash and Wields More Power / Commodities / Gold and Silver 2011
By: Barry_Elias
Gold is now functioning as collateral to compensate for potential losses in the portfolios of financial institutions.
One month ago, I proposed there may be an underlying economic basis for gold to reach $4,000 per ounce in the next decade. This scenario is looking more probable given these recent developments.
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Saturday, February 12, 2011
Gold, the Mother of All Bull Markets / Commodities / Gold and Silver 2011
By: The_Gold_Report
Market commentator and investor Peter Grandich of Grandich.com and Grandich Publications tells The Gold Report that certain plays on surging demand and looming commodity shortages are no-brainers for investors, and he shares a few ideas on how to profit from these conditions. Peter also believes that U.S. monetary policy has been a disaster and that it will "end badly" for the U.S. stock market and economy. He's bullish on China and on base—and especially—precious metals, energy, food and water. Gold and silver are still his big plays.
Friday, February 11, 2011
Gold Timing, Gold:Bonds Ratio Matters Over Bond Yields' Ratio / Commodities / Gold and Silver 2011
By: Przemyslaw_Radomski
Inflation vs. market fluctuations is always a hot topic in precious metal markets. Inflation is good for gold, which has a long history of acting as a hedge against it. With rising inflation it is likely that there will be a corresponding rise in the price of precious metals; that brings us to the question, how do you value gold? It is evident that there is no scientific method for valuing gold since it’s a non-earning asset. Perhaps we should value gold by “1/n, where ‘n’ is investor confidence in paper currencies. But how do you measure ‘n’? Let’s have a look into the history.
Friday, February 11, 2011
Insuring Your Pension Savings With Gold / Commodities / Gold and Silver 2011
By: Adrian_Ash
How much gold is too much gold if you're a fixed-income investor...?
GOLD DOESN'T pay any income, of course. Which is why retirees and pensioners should hate it.
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