Category: Gold and Silver 2011
The analysis published under this category are as follows.
Thursday, August 18, 2011
Reserve Currencies in Distress, Protect Yourself with Gold / Commodities / Gold and Silver 2011
By: Dr_Jeff_Lewis
Dollarization is term coined to describe the dollar’s influence as the reserve currency of choice around the globe. In 2010, the US dollar comprised 62% of the world’s foreign exchange reserves, dubbing it a very powerful player in the world of finance. But what about the second place reserve currency?
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Thursday, August 18, 2011
Increased Production No Threat to Silver Prices / Commodities / Gold and Silver 2011
By: Dr_Jeff_Lewis
Financial modeling is a science composed of complex “if, then” statements; this is evidenced clearly by the number of investment bankers who work 100 hour weeks toiling through Excel spreadsheets of merger and acquisition deals.
Bankers have it easier than most investors in completing modeling. For one, institutions assume an infinite timetable, as most banks outlive the humans that staff it. Secondly, banks have the ability to operate on the premise of cash flow, which is fairly simple to understand. If returns are larger in dollar terms than the cost to borrow, then a business can be levered.
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Thursday, August 18, 2011
Chavez Sends Gold GLD ETF a Wakeup Call / Commodities / Gold and Silver 2011
By: George_Maniere
OK. Let the fun begin! Yesterday Venezuelan President Hugo Chavez announced that planned to nationalize his countries gold mining industry in an attempt to increase its international reserves. This is not an unprecedented move. He has already nationalized the banking industry, telecommunication companies, the oil fields, the producers of power for the country and millions of acres of farm land. President Chavez said that the nationalization of the gold industry was to protect the people of Venezuela from having their gold fall into the hands of the mafia and smugglers.
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Thursday, August 18, 2011
Gold Is for Fighting Deflation, Not Inflation / Commodities / Gold and Silver 2011
By: The_Gold_Report
Whether out of fear or love, everyone is running to gold, says Frank Holmes, head of investment firm U.S. Global Investors. The lengthy Congressional battle to raise the debt ceiling left many investors clinging to gold for safety. But a growing world population continues to stock up on the honeyed metal for weddings and holidays. In this exclusive interview with The Gold Report, Holmes explains where our love-hate relationship with gold is headed and how to profit.
Wednesday, August 17, 2011
Gold and Silver Full Sprectrum Dominance / Commodities / Gold and Silver 2011
By: Jim_Willie_CB
Gold and Silver have emerged in the last 12 months as the dominant asset group. They led the entire 2000 decade, still gathering disrespect. They do not require respect from the Wall Street and London crowd. They serve as effective protection during the slow motion crumbling process to the global monetary system. The sovereign bond crisis has circled the peripheral nations, rendered its wreckage, and is working toward the center where the USTBond and UKGilt reside (worried). Italy and Spain are squarely in the crosshairs for financial assaults, but France and the United States lie closer to the core of Western nation sacred debt territory, soon to become sacred burial grounds.
Wednesday, August 17, 2011
New Record Nominal Gold High as Merkel and Sarkozy Plans Fail to Assure Markets / Commodities / Gold and Silver 2011
By: GoldCore
Gold is mixed in various currencies today after French President Nicolas Sarkozy and German Chancellor Angela Merkel unsurprisingly failed to deliver a solution to the euro zone debt crisis.
The London AM fix in USD was a new record nominal high. Gold’s London AM fix this morning was USD 1,792.00, EUR 1,240.39, GBP 1,089.96 per ounce (from yesterday’s USD 1,779.00, EUR 1,236.18, GBP 1,086.81 per ounce see LBMA).
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Wednesday, August 17, 2011
Gold Hits $1795, Useless Eurozone Leaders would Cut Funding to Govts Disobeying Brussels / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE DOLLAR gold price rose to a high of $1795 an ounce Wednesday morning in London – 1.1% off last Wednesday's record – before selling off towards lunchtime.
Broad commodity prices rose, while stock markets dropped following Tuesday's Franco-German summit in Paris.
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Wednesday, August 17, 2011
40 Years of Fiat Currency, Is Gold as ‘Cheap’ as it was in 1971? / Commodities / Gold and Silver 2011
By: Aftab_Singh
Monday was the 40th anniversary of the irredeemable fiat dollar. Unlike the preceding 39 anniversaries, this one was actually noticed! Here, I present several charts that show the changes to the Fed’s balance sheet since 1971. I conclude that the current gold price may be as ‘cheap’ as it was in 1971!
Wednesday, August 17, 2011
Gold Price Could Crash... What Should I Do? / Commodities / Gold and Silver 2011
By: DailyWealth
The new concern for contrarian gold owners: After watching the yellow metal soar from $1,500 to $1,800 per ounce, we're hearing how gold is "stretched" to the upside... and has become an increasingly popular asset.
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Wednesday, August 17, 2011
Can Gold's Bull Run Be Stopped? / Commodities / Gold and Silver 2011
By: George_Maniere
Everything that makes any sense tells me that gold’s run is over. The spot price of gold closed at $1788.90 which is $11.00 from its all time high. The Gold ETF GLD closed at 173.94 which is $1.19 from its all time high. The charts are screaming sell and gold keeps shrugging it off and rising in price.
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Tuesday, August 16, 2011
Gold Hedging Activity a Warning Sign? / Commodities / Gold and Silver 2011
By: Casey_Research
Andrey Dashkov, Casey Research writes: In the first quarter of 2011 (Q111), net gold hedging was reported by GFMS and Société Générale. A gold mining company may hedge its production on expectations of falling gold prices in order to lock in high prices and possibly avoid losses. As gold hits one nominal high after another, is such behavior a sign that the bull market in gold is over?
Tuesday, August 16, 2011
Did Gold Just Create a Short-Term Bottom? / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
On Monday, the Dow (NYSE:DIA), S&P 500 (NYSE:SPY), and oil (NYSE:USO) all continued to rally from previous lows they made the prior week. Gold (NYSE:GDL) broke through $1800 last week, but declined going into the weekend as margins were raised against the yellow metal. On Friday, gold dipped to as low as $1723 before rebounding, which brings us to an important support level for gold.
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Tuesday, August 16, 2011
Gold Outlook Positive following Euro Stagnation, Paulson Hedge Fund's Position / Commodities / Gold and Silver 2011
By: Ben_Traynor
SPOT MARKET gold bullion prices hovered around $1780 an ounce Tuesday morning London time – up 2.9% on yesterday's low – as stocks and commodities fell and US Treasury bonds rose after news of economic slowdown in the heart of the Euro area.
"Disappointing Eurozone GDP figures...have further dampened sentiment, encouraging investors to seek the relative safety of precious metals," says Marc Ground, commodities strategist at Standard Bank.
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Tuesday, August 16, 2011
Gold a Bubble, to Correct or Go Parabolic, Stagflation Threatens Western Economies / Commodities / Gold and Silver 2011
By: GoldCore
All major currencies have fallen against gold today with the euro down 1% against gold on nervousness ahead of the Franco German summit. Gold is trading at USD 1,776.70, EUR 1,235.10, GBP 1,084.10, CHF 1,389.90 per ounce and 136,450 JPY/oz. Gold’s London AM fix this morning was USD 1,779.00, EUR 1,236.18, GBP 1,086.81 per ounce.
Monday, August 15, 2011
Strong Support Plateau for Gold / Commodities / Gold and Silver 2011
By: Mike_Paulenoff
The SPDR Gold Shares (GLD) exhibits a series of near-term spike corrective lows that have created a formidable near-term support plateau.
The plateau from these lows at 168.65 (from Aug 11), 167.77 (Aug 12), and 168.70 (Aug 15) represents either the conclusion of a correction off the 176.75 high (Aug 10) or the end of the first portion of a still-developing, more complex corrective period.
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Monday, August 15, 2011
Gold Demand Strong on Dips as Confidence in Currencies Goes Down the Drain 40 Years After Gold Standard's End / Commodities / Gold and Silver 2011
By: Adrian_Ash
WHOLESALE PRICES to buy gold held above $1730 in London trade Monday morning – the 40th anniversary of US president Richard Nixon "closing the gold window" and officially ending the $35-per-ounce Gold Exchange Standard.
Trading nearly 4.7% below last week's new all-time high of $1815, the price to buy gold stood 50 times higher from the official US Dollar exchange rate of 15 August 1971.
Monday, August 15, 2011
40th Anniversary of Nixon Ending Gold Standard and Creating Modern Fiat Monetary System / Commodities / Gold and Silver 2011
By: GoldCore
Gold has fallen today in all major currencies except the Swiss franc which has fallen sharply again on continued talk of SNB intervention. Gold is trading at USD 1,742.70, EUR 1,220.10, GBP 1,068.70, CHF 1,375.60 per ounce and 133,820 JPY/oz. Gold’s London AM fix this morning was USD 1,738.00/oz, EUR 1,214.11/oz, GBP 1,065.88/oz.
Monday, August 15, 2011
Gold Standard or the Nixon Standard / Commodities / Gold and Silver 2011
By: Gary_North
On Sunday, August 15, 1971, Richard Nixon unilaterally brought to an end the last trace of an experiment in international monetary affairs that stretched back over a century. He announced that the United States government would no longer abide by the 1944 Bretton Woods agreement to deliver gold at $35 per ounce to any government or central bank.
Monday, August 15, 2011
Market Dynamics That Sent Gold Past $1800 / Commodities / Gold and Silver 2011
By: Bob_Kirtley
Given that gold has hit our target of $1800 we feel it is appropriate to review our outlook on the gold market, the state of key factors that influence gold prices and possible trading strategies going forward.
Saturday, August 13, 2011
Gold vs Paper, Paperbugs Won't Get It Until It's Too Late / Commodities / Gold and Silver 2011
By: Adam_Brochert
A brutal cyclical common equity bear market within this secular bear market for common stocks has already begun. Meanwhile, the parabolic phase in the uncommon Gold secular bull market has just begun with the latest thrust higher. Please don't mistake the forest for the trees: Gold should be correcting now and common stocks are due for a dead cat bounce higher. But these shorter-term considerations are not where the big money is made for retail investors now are they?