Category: Gold and Silver 2011
The analysis published under this category are as follows.
Friday, September 02, 2011
How Much Physical Gold is Held by SPDR Gold Trust ETF? / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
Precious metals (NYSE:DBP) investors have enjoyed the past decade as gold (NYSE:GLD) and silver (NYSE:SLV) outperform just about everything in the market. They are starting to capture interest across the mainstream media as investors seek out strong returns in a slowing and troubled economy. The investment world met the increasing demand for gold and silver by creating ETFs. In fact, one of the most popular ETFs in the world is the SPDR Gold Trust (NYSE:GLD). The only subject that rivals the popularity of precious metals is a good old fashion gold or silver conspiracy theory. A recent gold special by CNBC set out to disprove a popular conspiracy theory about GLD. Unfortunately, CNBC’s special only raises more questions in the precious metals community.
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Friday, September 02, 2011
Gold Leaps over 2% on U.S. No Jobs Month Sigalling Looming Recession / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold prices rose more than 2% following the start of trade in London on Friday, breaching $1878 per ounce following the publication of weak US jobs data
Nonfarm payroll data published at 8.30am New York time showed the US economy added no jobs in August – the worst result since September 2010 showed a slight decline.
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Friday, September 02, 2011
ECB Doesn’t Rule Out “PIIGS” Gold as Collateral for Gold Backed Eurobonds / Commodities / Gold and Silver 2011
By: GoldCore
Gold and the Swiss franc are higher today as risk aversion has returned with global stock markets falling on concerns the US employment figure later today will disappoint and confirm that the US economy continues to weaken.
Gold is trading at USD 1,853.50, EUR 1,300.10, GBP 1,143.30, CHF 1,446.50 and JPY 142,320 per ounce.
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Friday, September 02, 2011
Gold is for wealth preservation and Silver is for bartering / Commodities / Gold and Silver 2011
By: George_Maniere
Gold is for wealth preservation and silver is for bartering. If we are talking about protecting wealth in the amount of several million dollars then a good spread to own in precious metals would be 80% gold and 20% silver. If we are talking about a “Mad Max” scenario where we are trying to set ourselves up for a black market bartering system then a good spread would be 75% silver and 25% gold. I will leave it to you to determine what would be an appropriate ratio for you based on the assets you are trying to protect.
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Friday, September 02, 2011
GLD ETF Gold Tracking / Commodities / Gold and Silver 2011
By: Doug_Horning
Recently, we’ve received a number of emails from readers asking why the primary gold ETF, SPDR Gold Trust (NYSE:GLD), doesn’t more closely track the price of gold, and other related questions. For those readers who aren’t already familiar with the workings of this innovative way to “own gold,” it’s worth going over a few of the details, because there are some common misunderstandings regarding the ETF.
Friday, September 02, 2011
Solar Demand Drives Silver Prices Higher / Commodities / Gold and Silver 2011
By: Anthony_David
Fears of a declining industrial demand for silver following the financial problems in Europe and the US kept silver prices at modest levels during early August. Prices did rise in mid-August improving the outlook for the precious metal. The risk of increasing inflation in China leading to a slower economic growth in the country is another concern for the global silver industry.
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Thursday, September 01, 2011
Gold Rises 12% in August as Stocks Plunged / Commodities / Gold and Silver 2011
By: GoldCore
Review of Precious Metals, Equities, Commodities, Bonds and Currencies
August was a very turbulent month for markets with equities falling sharply and commodities mixed on Eurozone and United States sovereign debt concerns and concerns about the health of the U.S. and global economy.
Thursday, September 01, 2011
Gold Could be Pushed into Uncharted Territory / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold bullion prices edged down to $1820 an ounce by Thursday lunchtime in London – 1.1% off the high for this week so far – while stocks and commodities dropped and government bonds gained following publication of weak European manufacturing data.
"The [gold] market is dead in this time zone," said a Hong Kong gold bullion dealer this morning.
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Thursday, September 01, 2011
U.S. Dollar’s On the Verge of a Relief Rally Look Out Gold, Oil and Stocks! / Commodities / Gold and Silver 2011
By: Chris_Vermeulen
Let’s talk about the dollar for a moment… The US Dollar has been stuck in a very large trading range during the past 4 months. But when the dollar actually breaks out of this pattern in either direction we should see some big price movements across the board in stocks and commodities.
Thursday, September 01, 2011
Gold is the best Safe Haven we Have / Commodities / Gold and Silver 2011
By: George_Maniere
Gold may not be the perfect safe haven but it’s sure the best one we have and we can use all of the confidence we can muster.
Consumer confidence in the U.S. fell this month to the lowest level since March of 2009. Just to refresh your memory that was when the Dow was at 6400, the S&P was at 667 and the NASDAQ was trading at 1265.
Thursday, September 01, 2011
CNBC Visits The SPDR Gold Shares’ GLD ETF Controversial Vault / Commodities / Gold and Silver 2011
By: Submissions
David Bettencourt writes: CNBC’s Bob Pisani brings in the CNBC cameras for a look inside the gold vault of the SPDR Gold Trust (NYSE:GLD). GLD is the largest exchange traded fund (ETF) in the world, backed by gold in a secret location in London. This is the largest private gold reserve in the world with more than 1,200 metric tons. The reserve is valued at more than $70 billion. Almost no one outside the World Gold Council has ever seen all the gold…until now.
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Thursday, September 01, 2011
Silver Poised to Move Higher / Commodities / Gold and Silver 2011
By: Mike_Paulenoff
Although the action in spot silver is a bit uneventful, the near-term technical picture and set-up remain relatively positive, and argue strongly that spot silver is poised to move higher into the 42.80-43.20 target zone. This bodes well for traders of the iShares Silver Trust ETF (SLV).
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Wednesday, August 31, 2011
Gold "Dominated by Uncertainty" as "Reality Dawns" for Investors in Stocks / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold prices wavered around $1830 an ounce Wednesday morning London time – 4.3% off last week's all-time record high – as prices of major commodities fell and stocks rose following Tuesday's publication of the latest US Federal Reserve minutes.
Silver prices meantime traded around $41.41 per ounce – the price at which they started the week.
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Wednesday, August 31, 2011
Silver Ready to Breakout - Technicals and Fundamentals Suggest $50/oz in Early Autumn / Commodities / Gold and Silver 2011
By: GoldCore
Gold and silver have fallen after yesterday’s gains due to the very poor consumer confidence data and Federal Reserve murmurings of further monetary easing. Gold is trading at USD 1,792.50, EUR 1,245.10, GBP 1,098.30, CHF 1,471.50 and JPY 137,624 per ounce. While silver is trading at USD 41.21, EUR 28.53 , GBP 25.31, CHF 33.33 and JPY 3,155 per ounce.
Wednesday, August 31, 2011
Galluping Gold, the Best Long-term Investment / Commodities / Gold and Silver 2011
By: Adrian_Ash
Between thought and expression lies a lifetime... – Some Kinda Love, The Velvet Underground
So ONE-in-THREE Americans think gold is the best long-term investment, according to the Gallup survey published by USA Today last week.
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Tuesday, August 30, 2011
Gold Leaps as Finnish Demand Puts Entire Greek Rescue at Stake / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE DOLLAR gold bullion price leapt 2.2% in less than an hour Tuesday lunchtime London time, hitting $1832 per ounce – still 4.2% off last week's all-time high – while commodities fell, US Treasury bonds rose and stocks were mixed as Greek debt worries affected the Eurozone.
"Conventional wisdom is that bullish sentiment on equities would mean bearish sentiment on gold," reckons one gold bullion dealer here in London.
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Tuesday, August 30, 2011
Gold Forecast $1950 September, $2,500 Before End of the Year / Commodities / Gold and Silver 2011
By: GoldCore
Gold is higher against most currencies and especially the euro. Gold is trading at USD 1,792.50, EUR 1,245.10, GBP 1,098.30, CHF 1,471.50 and JPY 137,624 per ounce.
Gold’s London AM fix this morning was USD 1,791.00, EUR 1,243.49, GBP 1,097.56 per ounce. Gold fixed marginally higher than last Friday’s AM Fix which was at USD 1,787.00, EUR 1237.10, GBP 1,094.17 per ounce which suggests physical demand is supportive at the $1,800 level.
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Tuesday, August 30, 2011
Why Gold Will Replace U.S. Treasuries as the World's Last Risk-Free Investment / Commodities / Gold and Silver 2011
By: Money_Morning
Keith Fitz-Gerald writes:
It wasn't long ago that U.S. Treasuries were considered a "risk-free" investment. But the financial crisis, hulking budget deficits, political gridlock, and the Standard & Poor's debt downgrade have changed that perception - forever .
Now there's only one safe -haven investment: gold.
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Tuesday, August 30, 2011
How to Pass the Gold Bull Market Test / Commodities / Gold and Silver 2011
By: Bill_Bonner
Last week in the financial markets was unsatisfactory. No clear trend announced itself. The Dow should have gone down. Gold should have gone down too. But they diddled around…and on Friday, both seemed to be back in counter-trends, moving against the direction we think they OUGHT to go.
As for stocks, everything we’ve found out about the economy since 2007 suggests that our Great Correction view is right. This market aims to correct something; we just don’t know what.
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Monday, August 29, 2011
Gold Indepth Analysis and Charts on Daily and Weekly Timeframes / Commodities / Gold and Silver 2011
By: Capital3X
Gold touched intra day 1913 before correcting back to 1700. The level of the pullback and the speed with which it pulled back may have surprised many. But this was expected given the parabolic trend (Weekly charts) into which Gold has now entered.
We have superimposed powerful indicators on daily and weekly charts for Gold to understand price action in future. So often proved by us, that yesterday price action can predict tomorrow price action with a high degree of certainty!
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