Category: Gold and Silver 2011
The analysis published under this category are as follows.Saturday, May 14, 2011
Stock Market Stuck in No Man’s Land, Plus Silver and Dollar / Stock-Markets / Gold and Silver 2011
US Equities spent most of their time stuck inside the previous weeks range, the major action came from the other “risk” asset markets, like silver, oil and the FX markets, that’s where the better action came, although we simply traded our areas of support and resistance on the ES, as following on from last week’s ideas, we simply still don’t have an edge to which pattern will play out, the range has gone sideways for the past 2 weeks, although we suspect its getting ready to get aggressive next week. So we will let the market doing the talking and we will follow what the market wants to do.Read full article... Read full article...
Saturday, May 14, 2011
Gold Canaries / Commodities / Gold and Silver 2011
Investors are always on the alert for a sign that a trend is changing. Investing is like being deep in a mine shaft. It is dark and dangerous and there are a thousand things to focus upon. Perhaps most importantly, we should focus on the canary.
Yes, if the canary falls over, the gas level has increased to a dangerous point and it is time to find the exit. But where is the canary in the stock market?
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Saturday, May 14, 2011
Gold $1,200 is New Normal / Commodities / Gold and Silver 2011
What is good for the U.S. economy is good for gold. John Kaiser, editor of Kaiser Research Online, has proposed a graphic model that relates the value of all above-ground gold stock to global Gross Domestic Product (GDP), thereby explaining why higher real gold prices—even with a recovering American economy—will be the new reality. In this exclusive interview with The Gold Report, he shares his projections about where both gold prices and the U.S. economy could be going in the future.
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Friday, May 13, 2011
The Gold-Silver Ratio, Another Look / Commodities / Gold and Silver 2011
Andrey Dashkov, Casey International Speculator writes: The gold-silver ratio (GSR) measures how many ounces of silver one can purchase for an ounce of gold, on a certain date.
Reference to the ratio has a long history. One of the first mentions was that upon the death of Alexander the Great, the ratio was 12.5 to 1. During the Roman Empire, the ratio was set at 12. By the late 19th century, the ratio had risen to 15.
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Friday, May 13, 2011
Gold and the Contra-Trend Moves Seen in U.S. Dollar Euro / Commodities / Gold and Silver 2011
We took a look at the Premium Update from this time last year and we saw that the more things change the more they remain the same. This time last year we wrote about the Greek crises and it seems that the European Union’s strategy of playing for time and hoping that Mr. Ed will learn to speak Greek has not helped the situation much.
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Friday, May 13, 2011
Lies, Damned Lies & the Gold and Silver Z-Score / Commodities / Gold and Silver 2011
If only silver, gold and oil mapped the nice, neat bell curve which statistical analysis calls "standard distribution"...
WHAT ARE the chances? Things that just shouldn't be just keep happening.
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Friday, May 13, 2011
Silver Crash, Manic Euphoria Obliterated / Commodities / Gold and Silver 2011
In a single week, the manic euphoria gripping silver recently was utterly obliterated. After promising such rapid wealth creation, this metal collapsed in what can only be described as a near-crash. New investors were left stunned, while leveraged speculators were slaughtered. Sadly, they could have easily avoided these devastating losses. Silver’s massive reversal was both inevitable and predicted well in advance.
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Friday, May 13, 2011
Gold Adds 1% for the Week as Eurozone Debt Default Looks Certain / Commodities / Gold and Silver 2011
DOLLAR PRICES to buy gold continued to rally in London on Friday morning, rising as high as $1516 per ounce before easing back – less than 4% off early May's all-time high – while stock and commodity markets recovered some of Thursday's losses.
Silver prices continued Thursday's late rebound, rising to $36.47 per ounce – a rise of nearly 12% from yesterday's 11-week low – before dipping back down towards $35.
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Friday, May 13, 2011
Silver Forecast to Surge to $450 and Gold to $12,000 / Commodities / Gold and Silver 2011
Gold and silver are higher this morning with the dollar, the British pound and commodity currencies falling in value. It is too early to tell whether the recent margin-driven, paper sell off on the COMEX is over but physical supply remains limited while demand remains robust, particularly in China, India and wider Asia.
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Friday, May 13, 2011
Silver Action a Reminder of the Risks of the Paper Market / Commodities / Gold and Silver 2011
Gold and silver are strange things. They have been used for centuries as money and only in the last 40 years have they been shoved aside by the financial communists - yet they still exist as a free market monetary asset despite the force of all the government's guns.Read full article... Read full article...
Friday, May 13, 2011
Silver, Time to Buy / Commodities / Gold and Silver 2011
Only two weeks ago, the price of silver was rapidly appreciating in a parabolic advance. Back then, sentiment towards the white metal was extremely bullish and its price was approximately 78% above its 200-day moving average. Furthermore, on the 25th of April, silver registered a key reversal whereby its price tested the all-time high recorded in 1980 but failed to hold on to its intra-day gains.
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Thursday, May 12, 2011
Central Bank Demand to Constrain Supplies of Gold / Commodities / Gold and Silver 2011
The Chinese mining sector is currently producing 340 tonnes a year and rising. No doubt there is every encouragement from the State for this figure to rise. We believe that no matter how high it rises, little if any of that supply will reach the world's 'open' market in London. Even global gold production is not likely to rise significantly from the current level of around 2,500 tonnes. Therein lies a development that, in itself, will change global gold market dynamics.
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Thursday, May 12, 2011
Gold Selling Not Outpacing Buying as Commodities Slide / Commodities / Gold and Silver 2011
THE WHOLESALE-MARKET gold price continued to fall on Thursday morning in London – hitting a 1-week low of $1480 per ounce – as world stock and commodity markets took another tumble.
Silver fell to $32.50 per ounce at the London Fix, nearly $7 down from Wednesday and 33% below the 31-year high of $48.70 set on April 28.
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Thursday, May 12, 2011
Gold a Bubble? Forbes Predicts New Gold Standard Within 5 Years / Commodities / Gold and Silver 2011
Gold and silver's recovery in recent days proved to be temporary and further falls were seen yesterday (sharply in silver) prior to a tentative recovery overnight and then more falls again this morning. The euro has stabilised after recent sharp falls and euro gold at €1,050/oz remains comfortably above €1,000/oz after a period of correction and consolidation. Euro gold looks like it is set to break above record highs of €1,072/oz (12/28/10) and target €1,100/oz as the European debt crisis deepens.
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Thursday, May 12, 2011
Gold Price Volatility Opens Up Investor Opportunities / Commodities / Gold and Silver 2011
Why has the price of gold punched through every barrier to a record high of $1,500/oz.? The market's rigged, according to Peter Grandich, editor of The Grandich Letter. In this exclusive interview with The Gold Report, Grandich explores if it's time to unload silver and transition out of gold and why it could be the perfect time to look more closely at junior explorers.
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Wednesday, May 11, 2011
Asians Buying Gold and Silver on the Dip / Commodities / Gold and Silver 2011
Gold and silver have extended their recovery and may be headed for the fourth day of gains due to the continuing European sovereign debt crisis, Chinese inflation (+5.3%) and the real risk that rising oil and commodity prices are leading to an international inflation spiral and stagflation.
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Tuesday, May 10, 2011
What is Someone Holding Silver to do? / Commodities / Gold and Silver 2011
The clay tablets now seem incomplete. Some additional comments, or rules, should have been included One that comes to mind is that all of the above apply to politicians. That Keynesian economists are not excluded from the one about stealing would have been nice. For what else is Keynesian ideology other than a rationale for stealing the wealth and income of working citizens? Also, a tablet suggesting firm rules for certifying bear markets would have been helpful
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Tuesday, May 10, 2011
Gold Close to New Euro High as S&P Cuts Greece Credit Rating Again / Commodities / Gold and Silver 2011
THE PRICE OF GOLD rose for the second day in succession in London on Tuesday, recovering half of last week's 7% plunge from new all-time Dollar highs, as world stock markets also rallied again with commodities.
The Euro spot gold price rose above its peak of last week, trading at €34,028 per kilo after the Standard & Poor's agency downgraded Greek sovereign debt to the same credit rating as Belarus, Europe's lowest-ranked state.
Tuesday, May 10, 2011
Euro Gold Targets Record EUR 1,072/oz on Risk of Forced Greek Default and Euro Zone Debt Contagion / Commodities / Gold and Silver 2011
Gold and silver continue to rebound from their sell offs as euro zone periphery worries intensify with real risks of defaults and possible contagion. Gold has risen from €1,010/oz to over €1,057/oz since Friday. The long period of correction and consolidation may soon see a break out above resistance at record nominal highs of €1,072/oz - less than 1.5% below the current price.
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Tuesday, May 10, 2011
The Gold Universe / Commodities / Gold and Silver 2011
In summary, I don't get a feeling of comfort from the charts in the gold universe. There are subtleties which fly in the face of conventional wisdom.Read full article... Read full article...