Category: Gold and Silver 2011
The analysis published under this category are as follows.
Friday, May 27, 2011
Why Gold Is Going Higher / Commodities / Gold and Silver 2011
By: David_Galland
David Galland, Casey Research writes: While there are many reasons that gold and silver are going to keep moving higher as the fiat currencies trend lower, at our recent Casey Research Summit in Boca Raton, faculty member Mike Maloney pointed out a fact that, while obvious in hindsight, I had never heard mentioned previously.
Friday, May 27, 2011
Silver Collapse of 2011 Should Continue / Commodities / Gold and Silver 2011
By: Ned_W_Schmidt
Recent firing of a football coach in my hometown was cause for considerable reflection. Why does someone fire a winning coach? A few years ago the college I attended for graduate work fired their football coach, one with a winning record. In fact, it was a winning record such that most only dream of achieving. His fatal flaw? He could not beat the school's arch rival in a state to the south. Seems some losses are more important all the wins.
Friday, May 27, 2011
Gold and Silver Provides Investors Timely Fire-Sale / Commodities / Gold and Silver 2011
By: Dr_Jeff_Lewis
Now three weeks after the massive silver movement toward $50 per ounce, and a near reversal of opinion among the financial media, silver is now stable in the $34 per ounce area. While the panic, confusion, and frankly, fraudulent popping of the silver price may have shaken the weak hands, the market is providing opportunities for those who are willing to wait out the institutional investors.
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Thursday, May 26, 2011
Gold Price Falls As Euro and Pound Gain / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE DOLLAR price to buy gold slipped on Thursday morning – falling to $1519 per ounce – having retested three-week highs in overnight trading.
A rally on Asian stock markets failed to carry over into Europe, while prices for major commodities also showed limited movement.
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Thursday, May 26, 2011
Gold and Silver Profit Taking, U.S. Debt Default Risks Increase Insurance Costs / Commodities / Gold and Silver 2011
By: GoldCore
Gold and silver are lower today with profit taking, Chinese bond buying and increased risk appetite being cited for the price falls. Gold is marginally lower in all currencies and is 0.2% lower in U.S. dollar terms despite the dollar coming under selling pressure again this morning. Risky assets have recovered somewhat from recent losses with Asian and European equities and commodities receiving a bid.
Thursday, May 26, 2011
The End of Soft Money? / Commodities / Gold and Silver 2011
By: Adrian_Ash
Soft money works. Just ask the Swiss central bank...
TIME WAS, the past was another country, as L.P.Hartley wrote in The Go-Between. Because "they do things differently there."
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Wednesday, May 25, 2011
Flight into Gold on Rampant Inflation and the Collapsing Dollar System / Commodities / Gold and Silver 2011
By: Bob_Chapman
We believe that for the past 2-1/2 years the price of gold has been mainly driven by a flight to quality, as gold vied with the dollar for supremacy, as the world’s reserve currency. As we have witnessed gold has won that battle. The only way the dollar or any other world reserve currency can compete is by being backed 25% by gold. The elitist’s royalty of Wall Street and the City of London are quite upset with these developments, because they want all currencies to be fiat, so that they would not have to have a gold backed international monetary unit.
Wednesday, May 25, 2011
Gold New Record Nominal Highs in Euros and Pounds on Global Debt Contagion Concerns / Commodities / Gold and Silver 2011
By: GoldCore
Europe's debt crisis has seen gold prices climb to new record highs in euros and British pounds at EUR 1,087.80/oz and GBP 944.93/oz respectively. Contagion concerns are mounting due to the failure of the ECB, the IMF and respective governments to tackle the sovereign debt crisis.
Wednesday, May 25, 2011
Euro Gold Price Hits Another Record High as ECB Trapped by Greek Debt Default Horror Scenario / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold prices rose to a three-week high of $1528 an ounce Wednesday morning London time, while commodity markets – like global stock markets – failed to add significantly to the gains they made Tuesday after Goldman Sachs issued a bullish note on the sector.
Wednesday, May 25, 2011
Is Gold a Bad Investment? / Commodities / Gold and Silver 2011
By: Nick_Barisheff
Numerous commentaries in the media, both on television and in print, would have us believe that gold is a bad investment. Headlines warning investors to avoid the yellow metal are commonplace. Examples such as “Five reasons not to own gold”, “Gold is in a bubble”, “Gold as an investment - think again”, “Gold is a bad hedge”, “Gold is a pointless rock,” and “Why gold is a bad investment” can be found with a simple Google search on gold and investment.
Tuesday, May 24, 2011
Silver More Explosive than Gold / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
The silver market is still reeling from its fall from $50 to $34 over a very short time. The move was driven by at least one investor selling around 1,000 tonnes of silver over a two week period. Silver had climbed quickly from around $25. The charts supported a rise to $29, but as silver went higher, it climbed out of technical range into new territory. All the time thereafter it was vulnerable to a selloff back to support around that level.
Tuesday, May 24, 2011
Gold New Record Highs as All Major Currencies are Vulnerable / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold prices hit $1523 – their highest level for two weeks – on Tuesday morning London time, while stocks and commodities traded flat.
Gold prices in the Euro and Pound Sterling, meantime, set record highs – €1078.85 and £942.22 per ounce respectively – at Tuesday morning's London Fix.
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Tuesday, May 24, 2011
Sterling Gold Hits New Record High on Stagflation and Debt Rating Downgrade Risks / Commodities / Gold and Silver 2011
By: GoldCore
Gold is marginally higher in most currencies today as the yen, the dollar and the pound are all weaker.
Gold has reached a new record nominal high in British pounds due to the growing risk of stagflation in the U.K. and due to Moody’s somewhat belated threat to cut its ratings on most UK banks. This was not helped by Chinese ratings provider Dagong Global Credit downgrading the U.K.’s local and foreign currency sovereign credit rating from AA- to A+ with a negative outlook.
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Tuesday, May 24, 2011
The Last Tango of the Currencies will end in Golds Favour / Commodities / Gold and Silver 2011
By: Bob_Kirtley
The debt problems now weighing on the Euro have inflicted a devaluation of around 6% this month with no recovery in sight for the PIIGS, Portugal, Ireland, Italy, Greece and Spain. The harder the ECB tries to badger and cajole the PIIGS into accepting a serious dose of austerity, the more the people, who will have to carry this burden, revolt.
Tuesday, May 24, 2011
Euro Dollar Debt Crisis Dance Doesn’t Fool Gold And Silver Bulls / Commodities / Gold and Silver 2011
By: Jeb_Handwerger
The euro (FXE) slid compared to the U.S. dollar (UUP) after meeting and reversing at its long term down-trend resistance line two weeks ago. About four weeks prior to that, I alerted readers that the Euro could reverse lower supporting precious metal prices. In my March 28th article I wrote, “Watch for a move out of the euro to support precious metals prices as the euro reaches its descending upper resistance level. For the past two years the euro and the dollar have done this inverted dance wherein one goes up and the other goes down. But one thing I am not fooled about is the fact that they are both in secular long-term downtrends.” Read full article... Read full article...
Monday, May 23, 2011
China Prepares To Launch Gold ETFs / Commodities / Gold and Silver 2011
By: Submissions
John Rolls Submits: Tyler Durden writes: Following Friday's news that China has now surpassed India as the world's largest buyer of gold, it is becoming increasingly obvious that the country is trying to capitalize on the popular interest in the precious metal by transferring the trading infrastructure away from US to domestic capital markets. First, it recently launched a 1 kilo gold futures contract on the HK Merc in an obvious attempt to undermine the Comex monopoly in the space, and next it seems that China has the GLD plain in its sights, as it plans to start exchange-traded funds, tapping rising demand in China, the world’s biggest investment market for the precious metal.
Monday, May 23, 2011
China, Gold and Interest Rate Rises / Commodities / Gold and Silver 2011
By: Ben_Traynor
China shows that gold demand need not be a victim of higher interest rates…
DOES THE demand for gold automatically fall if interest rates rise?
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Monday, May 23, 2011
Gold and Silver Still Consolidating / Commodities / Gold and Silver 2011
By: Chris_Vermeulen
Update on Metals with David Morgan and Chris Vermeulen
Listen To What David and Chris have to say About gold and silver: Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.
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Monday, May 23, 2011
Silver Panic Selling, Is it Possible to Have Panic Buying? / Commodities / Gold and Silver 2011
By: EWI
"Panic selling" is easy to understand and recognize: Investors rush to sell from the fear of loss. No more explanation necessary.
On the other hand, "panic buying" is not easy to see for what it is. The phrase seems to clash with itself. People commonly assume that "buying" involves rational choices by investors, who assess risk, calculate entry points, establish stops, etc.
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Monday, May 23, 2011
Gold and Silver, What Next? / Commodities / Gold and Silver 2011
By: David_Banister
Well, that was fun wasn't it gang? A huge drop in silver from $49.75 to the $32 ranges after 8 months of rallying from 19 to near 50. A 150% gain in Silver in eight Fibonacci months, sounds like a pretty overbought situation. Gold in the same time frame lagged badly, but all of that was predicted by me late last August due to the consolidating "B wave" in Silver that was preceding what I felt would be a "massive rally" in the metal. Quite simply I said, investors will view silver as "cheap" relative to Gold and they will buy it instead of gold. I realize that makes no logical sense, but since when are the herd behaviors ever logical?