Category: Gold and Silver 2011
The analysis published under this category are as follows.
Friday, August 05, 2011
Correlation between India and Gold / Commodities / Gold and Silver 2011
By: Willem_Weytjens
Gold is reaching record highs these days. Who benefits most of high gold prices?
Those who hold a lot of the yellow metal of course. In India, there seems to be a real gold rush these days, as we can read in an article at mineweb.com.
Thursday, August 04, 2011
Gold is the True Reserve Currency / Commodities / Gold and Silver 2011
By: Michael_Pento
The reliance upon the U.S. dollar as the world's reserve currency and "safe haven" asset has created a perverse, but deeply entrenched, mindset among global investors. In fact, many believe the major financial players have no alternatives to owning U.S. debt and dollars. They argue that the market for U.S. dollars and Treasuries is the only financial pool large enough to handle the massive liquidity that sloshes around the globe on a daily basis. This idea makes a mass exodus from U.S. debt holdings seem impossible. This provides a nice explanation why the U.S. Treasury bonds can rally even while the government openly flirts with default and ratings agencies issue downgrades. But just because an illogical event occurs habitually does not mean it is logical or tenable.
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Thursday, August 04, 2011
Gold and Silver Are Firing On All Cylinders / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
After an eight day losing streak, the Dow (NYSE:DIA) found a way to close the day higher on Wednesday. The S&P (NYSE:SPY) closed higher at 1,260, but has barely gained since it opened the year at 1,257. As the economy continues to struggle, money is flowing from equities into safe havens such as gold (NYSE:GLD) and silver (NYSE:SLV). Gold closed at another nominal high of $1,666 as silver neared $42.
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Thursday, August 04, 2011
Gold Rallies as Japan Joins Global Currency War / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE DOLLAR gold price climbed to $1671 an ounce Thursday lunchtime in London – just a Dollar or so below Wednesday's record high – while stocks and commodities fell after Japan became the second country in as many days to try to halt the rise of its currency.
Silver prices traded in a tight range around $41.70 per ounce – up 4.6% for the week so far.
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Thursday, August 04, 2011
Gold Surges as Yen Falls Sharply and Global Currency Wars Resume / Commodities / Gold and Silver 2011
By: GoldCore
Gold has surged nearly 4% in Japanese yen this morning as the BOJ entered currency markets overnight selling yen thereby depreciating their currency against the dollar and other fiat currencies.
Gold is higher against all currencies and is trading at USD 1,663.50, EUR 1,168.20, GBP 1,018.30, CHF 1,291.00 per ounce and 133,000.00 JPY per ounce. Gold’s London AM fix was USD 1664.25/oz, EUR 1170.61/oz, GBP 1,018.20/oz. Gold reached new record nominal highs in majors yesterday and remains close to these record highs today.
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Thursday, August 04, 2011
Gold, Medicare and Foreigners' Money / Commodities / Gold and Silver 2011
By: Ben_Traynor
Forty years ago this month the Dollar lost its link to gold. The result was a growth in entitlement spending...
I was the one who let you know
I was your sorry ever after
'74-'75
Thursday, August 04, 2011
Upside Continuation Expected for Silver SLV ETF / Commodities / Gold and Silver 2011
By: Mike_Paulenoff
Yesterday we noted for our subscribers that all of the action in the iShares Silver Trust ETF (SLV) from the July 19 high at 40.39 into Monday's low at 37.93 represented a secondary retest of the July upside breakout plateau -- and that the upmove since Tuesday represented the start of a new upleg. We noted the SLV should climb above 40.39 on the way towards our next optimal target zone of 42.30/60.
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Wednesday, August 03, 2011
Is Gold a Bubble? 14 Charts, the Facts and the Data Suggest Not / Commodities / Gold and Silver 2011
By: GoldCore
Gold is higher and is trading at USD 1,668.90 , EUR 1,167.10 , GBP 1,018.40 and CHF 1,287.70 per ounce. It is slightly lower in euros but higher in U.S. dollars, Swiss francs, the Japanese yen, and the Australian and New Zealand dollar. Gold’s London AM fix was USD 1,667.50, EUR 1,167.50, GBP 1,016.77.
Wednesday, August 03, 2011
Gold Sets Dollar Sterling and Euro Record Hish on Eurozone Credit Crunch / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE DOLLAR gold price set a new intraday record of $1672 per ounce Wednesday morning – a 2.7% rise from last Friday's close.
The gold price at the London Fix meantime hit four figures in all three currencies for which it's set – the Dollar, Euro and Pound – for the first time in history on Monday afternoon.
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Wednesday, August 03, 2011
Gold Accelerates as U.S. Equities Enter Cyclical Stocks Bear Market / Commodities / Gold and Silver 2011
By: Jordan_Roy_Byrne
In recent weeks I’ve read a few missives from mainstream advisors and pundits on the merits of stocks. These people despise Gold and are quick to point out that since March 2009, stocks have outperformed Gold. This means very little as it is an arbitrary date. Gold will continue to outperform stocks and then stocks will outperform into the next decade. Trends and markets are cyclical and not permanent.
Wednesday, August 03, 2011
U.S. Yield Curve Flattening To Prompt Fed Monetary Easing and Gold $1800 / Commodities / Gold and Silver 2011
By: Bob_Kirtley
Gold prices made yet more all time highs in the last trading session, propelled by what we think was a short squeeze. Many traders were probably betting that gold prices would decline once the US debt ceiling was resolved; however this was not the case. In this article we will outline one longer term factor that we think will drive gold prices past $1800 in the next six months; the flattening of the US Yield curve. We believe the flattening of this curve is a symptom of economic weakness and coupled with rising unemployment will be the catalyst for the Fed to embark on another round of monetary easing which will send gold prices past $1800. In fact, $1800 is a conservative target.
Wednesday, August 03, 2011
Gold and Silver as Continuing Confidence Insurance / Commodities / Gold and Silver 2011
By: George_Maniere
Gold and Silver are confidence insurance and for the last 10 years I have no qualms in saying that people have had a natural instinct for gold and silver. Of course that applies more when they are owned outright or physically or without leverage. Gold and silver have historically proven themselves to be the ultimate insurance against government caused collapses of confidence. In today’s world that is proving to be all too true.
Wednesday, August 03, 2011
2011 Gold Season is Just Around the Corner / Commodities / Gold and Silver 2011
By: Frank_Holmes
The ongoing debate in Washington prompted increased Fear Trade activity in gold this week. The issue over raising the federal borrowing limit caused the yellow metal to remain around its all-time high of $1,600 per ounce this week.
Gold has now increased for 124 months straight, says Deutsche Bank. The rally is in its 11th year, lasting nearly three times as long as other historical rallies going back to 1971. If the metal rose to $2,100 an ounce, it would represent the most powerful percentage increase in history, according to Deutsche Bank.
Wednesday, August 03, 2011
Is This the World's First Silver Backed Bond? / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
First, let me start by saying that I am not affiliated with Royal Silver Company, nor do I endorse their products. However, the company has a rather unique opportunity that investors may want to research.
Royal Silver Company is a Panama corporation with a wholly-owned subsidiary in Bolivia. The company uses an advanced hydro-metallurgical method for producing silver from mined ores. Furthermore, the company uses zero emission technology in order to produce certified .99999 silver. The company currently employs about 75 people.
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Wednesday, August 03, 2011
Is the Debt Ceiling Raise Bullish for Gold? / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
It was quite the day for markets as a debt ceiling deal played with emotions. The Dow (NYSE:DIA), which initially jumped over 100 points at the open, finished the day down 10 points. The U.S. Dollar (NYSE:UUP) received a boost as markets are somehow feeling reassured about the government’s ability to borrow more money. Gold (NYSE:GLD) and silver (NYSE:SLV) also closed the day lower.
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Tuesday, August 02, 2011
Gold New Record High on U.S. Debt Downgrade Risk / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR prices to buy gold set a new intraday record Tuesday lunchtime in London, breaking through last Friday's previous high of $1632 per ounce – while stocks and commodities fell and US Treasury bonds rose after the US debt ceiling deal passed its first key vote last night.
Over in Europe, meantime, borrowing costs soared for Italy and Spain as yields rose on each country's 10-Year government bonds.
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Tuesday, August 02, 2011
Sharp Increase in Central Bank Gold Reserves, South Korea Up 17-Fold, Thailand 15.5% in 2 Months / Commodities / Gold and Silver 2011
By: GoldCore
Gold is higher in all currencies today except for the Swiss franc and is trading at USD 1,629.20 , EUR 1,147.30 , GBP 1,000.20 and CHF 1,270.10 per ounce. Gold’s London AM fix was USD 1624.00, EUR 1145.28, GBP 997.30 (10:41 GMT).
Gold reached new record nominal highs in euros and Canadian dollars yesterday at EUR 1,149.60/oz and CAD 1,566.48/oz yesterday and remains close to these record highs today, and close to record highs in most fiat currencies.
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Tuesday, August 02, 2011
Gold and Silver are the Safe Plays / Commodities / Gold and Silver 2011
By: George_Maniere
Wow, it seems like yesterday QE 2 ended. It was actually a month ago. Already there is talk in currency markets about another round or quantitative easing, QE3.
Tuesday, August 02, 2011
Gold Going Over $1600, Top 20 Quotes / Commodities / Gold and Silver 2011
By: Michael_J_Kosares
The world's investment community, including besieged private investors, is reeling at the twin terrors of sovereign financial breakdowns on both sides of the Atlantic. Gold has responded by rising nearly $150 in less than a month under heavy global demand. No sooner does the dust settle in Europe than something is kicked up in the United States, or vice versa, complicating the decision-making process and narrowing the options. We thought it would be interesting to catalogue in one place the best quotes on gold going over $1600 -- the thought-provoking, the witty, the profound (not necessarily in order of preference).
Monday, August 01, 2011
Gold Rallies After Washington Kicks Biggest Can Ever Down the Road / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold bullion prices rallied to almost $1620 an ounce Monday morning London time – 0.7% off Friday's all time high – having dropped sharply as Asia opened, while stocks and commodities rose after US President Obama announced a last-minute debt ceiling agreement.
Silver bullion prices traded around $39.50 per ounce – around 1% down from Friday's close.
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