Category: Gold and Silver 2011
The analysis published under this category are as follows.Tuesday, January 25, 2011
How Gold Became Politically Correct / Commodities / Gold and Silver 2011
“When the monetary history of the year coming to an end is written decades from now, the headlines of European debt crisis and Federal Reserve’s adoption of QE2 may turn out to be mere footnotes to the bigger story: 2010 could be a watershed marking the beginning of the end of the dollar-based, Western-centric monetary system.” -- Randall Forsyth, Barron’s
“We wish to highlight not all but some of the ‘fears’ that keep us awake at night, and illustrate why right now is not the final act for gold. 2011 could be an explosive year for this most illustrious of metals. . .We believe withstanding a lack of gold standardisation, gold has a firm place in modern portfolio management and in accounting procedures.”-- Hinde Capital, None Shall Sleep 2011 - by Michael J. Kosares
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Monday, January 24, 2011
Gold Investments: Why I Jumped in and Bought Twice this Week / Commodities / Gold and Silver 2011
The way I look at the market and the way the majority of other analysts and economists look at the market are two different things. Yesterday, any news site you went to was telling the story of how higher than expected GDP growth in China would cause interest rates to rise there, slowing down the economy and pushing commodity prices down.
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Monday, January 24, 2011
Gold Investors Slash Futures Position to 11-Month Low / Commodities / Gold and Silver 2011
The PRICE OF GOLD cut early gains vs. the Dollar in London on Monday morning, easing back towards Friday's 13-week closing low at $1343 per ounce as global stock markets held flat overall.
The US currency edged lower on the forex market, while crude oil and other commodity prices ticked higher, but the silver price fell back towards Friday's new 6-week low at $27.20 per ounce.
Monday, January 24, 2011
Gold Supported by Favorable Interest Rates and Inflationary Concerns / Commodities / Gold and Silver 2011
After a record ten straight years of annual gains, gold has entered a critical phase in one of its longest rallies. Markets are abuzz with contradictory views on whether gold will continue to rise in 2011. Signs of a slowdown are apparent in the short to medium-term. However, we investigate two compelling factors affecting gold prices and find out why there is no reason that the prolonged rally does not continue well into this year as well.
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Monday, January 24, 2011
Why Gold and Silver Will Take Off / Commodities / Gold and Silver 2011
Gold, silver, oil, and other commodities — are all starting to slide, just as I predicted. Gold down almost $100 from its recent record high. Silver down more than $3.40, nearly 10%. Other commodities are turning down also: Oil, platinum, palladium, and more.
So is this the end of their bull markets?
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Monday, January 24, 2011
Gold Trading 2011, Fear and Love / Commodities / Gold and Silver 2011
Frank Holmes writes: Wall Street has been calling gold a bubble since 2005, when it hit $500. Some media naysayers remained negative even as they wrote the headlines proclaiming record highs and saw gold rise almost 30% in the past 12 months.
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Monday, January 24, 2011
Nine Responses to the “Gold Is A Bubble” Crowd / Commodities / Gold and Silver 2011
The “Gold is a Bubble” crowd has been reawakened.CNN warned earlier this week: Gold is a bubble, resist its charms.
Gold’s six percent fall in the last six weeks and the Amex Gold Bugs Index (HUI) nearly 20% decline have signaled the gold correction is here.
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Monday, January 24, 2011
Physical Gold Bullion Market Tight - Paper Sell Off Due to "Momentum Monkies" / Commodities / Gold and Silver 2011
After gains in Asia, the precious metals have come under pressure in Europe. The recent sharp sell off has seen gold fall 5.7% in January. Nothing whatsoever has changed regarding the fundamentals of the precious metal markets and long term buyers are again buying on the dip. As long as interest rates remain near historic lows and real interest rates continue to punish savers, gold's bull market remains sound.
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Monday, January 24, 2011
China vs. JPMorgan: The Battle Over Gold and Silver / Commodities / Gold and Silver 2011
Gold is down 6% and silver 12% since the start of 2011. This is the sharpest decline in precious metals since June of last year and with technical support broken at the 50-day moving averages, many are concerned of a deeper correction ahead. While there are a myriad of factors driving the prices, two of the major opposing forces are Chinese demand for physical gold on the long side and JPMorgan paper schemes on the short side. Which force prevails in the short term remains to be seen, but in the long run the paper shorts will eventually be squeezed, pushing the price for both gold and silver much higher.
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Sunday, January 23, 2011
Gold Weakening Momentum Continues, Next Target $1320 / Commodities / Gold and Silver 2011
Well, the weakening momentum of the gold move that I had been warning about seems to be doing its job. Gold is in a little bit of a down draft. For how long and for how far is anyone’s guess? For now the $1320 mark is the price to watch based upon a P&F chart. Once there we’ll see what next.
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Sunday, January 23, 2011
Gold and Silver tocks Converging towards a Major Uptrend / Commodities / Gold and Silver 2011
We are now seeing a convergence of indications that a reversal in the Precious Metals sector is at hand that will lead to a major uptrend soon. The last Gold and Silver updates posted on 11th January were bearish over a short to medium-term time horizon and have been proven correct as gold and silver have since fallen substantially, and stocks have taken a real beating. However, in view of the current strongly bullish constellation of indications, it now looks like the downside targets for gold and silver were set too low, although our downside target for stocks has just been hit.
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Sunday, January 23, 2011
Silver Close to Reversing to the Upside / Commodities / Gold and Silver 2011
While silver has performed as predicted in the last update posted on 11th January and has broken to successive new lows as its correction has progressed, it does not now look like it will drop to the downside targets that we earlier projected. Instead it now looks like we are very close to a reversal to the upside.
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Friday, January 21, 2011
Bullish on Barrick Gold / Commodities / Gold and Silver 2011
The weakness in Barrick Gold Corporation (ABX) from its Dec high at 55.72 to yesterday's low at 45.75 (-18%) has returned the price structure to a critical convergent support area around 46.00-45.50. This represents the sharply rising 200 DMA, as well as the extension of the trendline across a series of 2009 and 2010 peaks (now serving as support) that cut across the price axis in the vicinity of 46.00-47.00.
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Friday, January 21, 2011
Gold, Hard Money, Soft Metal / Commodities / Gold and Silver 2011
Soft gold prices without hard-money rates? Not for long, says the world's 40-year unbacked money so far...
JUST HOW MUCH ABUSE can soft money take? Two-thousand-and-eleven sees a big, but so far little-noted ruby anniversary. Expect to hear lots more about it as August 15th draws near.
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Friday, January 21, 2011
Gold and Silver Correction Will Be Short-Lived / Commodities / Gold and Silver 2011
Correction? What correction? Chris Berry, founder of House Mountain Partners, and Michael Berry, publisher of Morning Notes and Discoveryinvesting.com, think the 2011 price correction in precious metals is nothing but a passing fancy, and that gold and silver will be back on their respective ascents by year-end. If anything, gold and silver equities are currently on sale. In this exclusive interview with The Gold Report, Chris and Michael reveal some of their favorite gold and silver plays in Colombia and the Yukon.
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Friday, January 21, 2011
Gold and Crude Oil Prices Slump / Commodities / Gold and Silver 2011
Strong earnings this week from some powerful companies have bolstered optimism in an economic recovery.
Friday (January 21) morning, General Electric said its fourth-quarter net income was $4.5 billion (compared to $3 billion in the same quarter last year), which amounts to $.42 per share (compared to $.28 cents in the same quarter).
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Friday, January 21, 2011
Gold and Silver Hit New Two-Month Lows as Sentiment Changes / Commodities / Gold and Silver 2011
THE PRICE OF gold and silver continued to fall in Asian and London trade on Friday, dropping to fresh two-month lows even as the US Dollar slipped on the currency markets.
By lunchtime in London – and compared with New Year 2011's near-record highs – the gold price in Dollars stood 6% lower, in Euros 7.5% down, and in British Pounds nearly 9% lower.
Friday, January 21, 2011
Chinese Silver Demand Surges Incredible Four Fold in Just One Year / Commodities / Gold and Silver 2011
Gold is flat and silver marginally lower despite dollar weakness this morning. Some market participants are blaming the precious metal sell off on speculation that China may take more monetary action to curb surging inflation. This is unlikely to be the reason for the sharp selloff, rather it looks like another paper driven sell off in the futures market by leveraged players on Wall Street with various motives.
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Friday, January 21, 2011
How to Handle the Coming Gold Correction / Commodities / Gold and Silver 2011
Brian Hunt writes: It's not natural.
As our friend and master investor Chris Weber recently noted, never in the past 200 years has a widely traded stock market or commodity registered 10 consecutive years of higher prices.
Friday, January 21, 2011
Monitoring the ‘Risk Trade’ with the Gold/Silver Ratio / Commodities / Gold and Silver 2011
The gold/silver ratio is not just for gold bugs; it can help us monitor the appeal of the ‘risk on’ trade relative to the ‘risk off’ trade in many markets, including global stocks (SPY) and commodities (DBC).
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