Category: Gold & Silver
The analysis published under this category are as follows.
Wednesday, November 07, 2007
Gold Surges on China 's Dollar Comments as Stock Markets Slide; Private Investors Offered New Access to Gold Investment in Asia / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES continued to surge past fresh 27-year highs early Wednesday, adding another $23 to Tuesday's $18 gain before slipping back to bounce off $838 per ounce by mid-morning in London.Read full article... Read full article...
Wednesday, November 07, 2007
Inflation News...and Gold Looking Overbought in the Short-term / Commodities / Gold & Silver
By: Emanuel_Balarie
Google News is my friend. With a click of a mouse button I am often able to get a quick snapshot of what is going around the world. If I want to find out something about a certain issue, I simply type in a word or two, and read dozens of stories from across the world. Whenever I do this, I don't try to look for certain angles or viewpoints, but I simply want to see what is “factually” going on globally. Interestingly, this strategy often gives me a much better glimpse of economic reality, than if I would listen to financial pundits or even commentary from Bernanke. Read full article... Read full article...
Tuesday, November 06, 2007
GOLD THOUGHTS - Are Funds and Traders Pushing Gold to an Unsustainable Level in the Short-term? / Commodities / Gold & Silver
By: Ned_W_Schmidt
Dear Chairman Bernanke,
I, and all the rest of the Gold Bugs, would like to thank you for your continuing effort to bail out the banks. Your easing of U.S. interest rates has greatly benefited the value of our Gold holdings. At the same time, the purchasing power of paper dollars held by gullible consumers around the world is being decimated.
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Tuesday, November 06, 2007
Gold the Ultimate Store of Value Rallies Strongly Against ALL Major Currencies / Commodities / Gold & Silver
By: Adrian_Ash
Beauty & the Beast? Gisele vs. Bette Midler
"...The current surge in gold prices doesn't only reflect Dollar weakness. Confidence in all official currencies is evaporating fast – and with today's current crop of central bankers in charge, is it any surprise...?"
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Tuesday, November 06, 2007
Gold Surges to New All time Highs Against European Currencies / Commodities / Gold & Silver
By: Gold_Investments
GoldGold was up $1.10 to $807.10 in New York yesterday. It has surged again in Asian and European trading and is trading at $819.90 at 1200 GMT which is a new 27 year high.
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Tuesday, November 06, 2007
Gold Hits New Highs vs. Dollar, Euro, Sterling & Aussie as Oil Rises on Fresh Mid-East Tensions / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES raced higher yet again early Tuesday, taking out a series of new 27-year highs above $821 per ounce for US investors and also made new highs versus the Euro, British Pound and Aussie Dollar.Read full article... Read full article...
Monday, November 05, 2007
Gold Surges as Dollar hits New Lows / Commodities / Gold & Silver
By: Gold_Investments
GoldGold surged $15.80 to $806 in New York on Friday. It has traded sideways to slightly down in Asian and European trading and is trading at $803.50 at 1200 GMT. Gold climbed 2.8% for the week and silver advanced by 2.4%. Gold is now outperforming all major stock markets on a monthly, YTD and yearly basis as seen in the table below. Gold also rose strongly in other major currencies on Friday and is trading at £385.50 GBP (up from £380.40) and €554.95 EUR (up from €547.50). It remains near record nominal highs in terms of GBP and EUR respectively.
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Monday, November 05, 2007
Gold Holds Steady as World Stock Markets Drop on New Credit Woes; British Pound Falls After Weak Data / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES ticked lower but held above $801.50 per ounce in Asian trade on Monday, spiking higher in London as world stock markets continued to sell off.Read full article... Read full article...
Sunday, November 04, 2007
Gold and Silver Analysis - Precious Points: It's A Hit! / Commodities / Gold & Silver
By: Joe_Nicholson
The path of least resistance continues for the moment to be upward… With financial markets undoubtedly improving, stocks performing reasonably well, and gold and oil at soaring, some of the impetus for a 50 bps cut may have been removed. Though a rate cut should theoretically boost precious metals, the markets seem to already be priced for 25 bps cut and, if this is all they're given, could choose to sell the news…
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Sunday, November 04, 2007
Weekly Gold Silver and Uranium Technical Analysis Report - Gold Bull Unstoppable / Commodities / Gold & Silver
By: Merv_Burak
Despite all the short selling, gold seems to be unstoppable. Where and when will all this end? Your guess is as good as mine.
GOLD : LONG TERM
For the past almost three months gold has been on a tear. How long it will last before a significant rest period, or even a reaction, sets in is anyone's guess. This chart (or at least a very similar one) was shown with my commentary of 07 Sept 2007 . We have just breached the first of the long term projections based upon this past year and a half consolidation period. That one was at $780. We are now heading towards the next one at $915 with $1035 beyond that. Projections can be made whenever the action goes through a lateral consolidation period.
Friday, November 02, 2007
Gold: A Different Class of Investment / Commodities / Gold & Silver
By: Adrian_Ash
"...Just because dolphins swim, doesn't make them pilchards..."
WHAT KIND OF AN INVESTMENT is gold – and just why are private investors Buying Gold to push it higher in 10 weeks out of the last eleven?
Dubbed the No.1 "diversifier" by serious analysts and clued-up wealth managers alike, gold clearly stands outside the three asset classes held by most private investors.
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Friday, November 02, 2007
Reasons for Investing in Gold - Part 2 / Commodities / Gold & Silver
By: Jim_Willie_CB
Too much money looking for a home. Cast you mind back to previous currency declines in currencies other than the $, so bad that the national authorities of those nations believed they needed intervention to hold up or down exchange rates [Deutschmark - Pound - Lira etc]. These happened in the early seventies, eighties, nineties and the noughties we're in now, so this is by no means new to the currency world. For instance, the Bundesbank repeatedly had to back off holding the Deutschmark down, as speculators matched their intervention, in the seventies. Later the Bank of England paid a very heavy price before it just had to give in to the attack on Sterling [thanks to George Soros]. Then, in the Eurozone area, remember the Lira pegs of Europe's Exchange Rate Mechanism? Well it ain't over yet! Lately we're seeing it on the Persian Gulf O.P.E.C. states and now in Hong Kong].
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Friday, November 02, 2007
Gold Remains Strong with Near Record Crude Oil Prices and Near Record Low Dollar / Commodities / Gold & Silver
By: Gold_Investments
GoldGold was down $1.50 to $790.20 in New York yesterday. It has traded sideways in Asian and European trading and is trading at $793.50 at 1200 GMT. Gold has corrected in other major currencies and is trading at £380.42 GBP (down from £381.50) and €547.50 EUR (down from €549.46) but remains near record nominal highs in terms of GBP and EUR respectively.
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Friday, November 02, 2007
Gold Rises Again as Credit Crisis Whacks Stocks; But Could Making the Headlines Signal a Near-Term Top? / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT GOLD PRICE rose steadily in London on Friday morning, adding $6 to its overnight bounce to trade above $794.50 per ounce as stock markets across the world continued to fall hard, led down by banking shares.Read full article... Read full article...
Thursday, November 01, 2007
Peak Oil and Gold Short Squeeze / Commodities / Gold & Silver
By: Mike_Clark
Gold Gold was up $7.30 to $791.70 in New York on Tuesday. Then, gold sold off initially on the FOMC's 0.25% interest rate cut but then turned around and rallied to new record highs at $798.80. It has drifted lower in Asian and European trading and is trading at $792.50 at 1200 GMT. Gold has again rallied in other major currencies and is trading at £381.50 GBP (up from £379.16) and €549.46 EUR (up from €543.86) and remains near record nominal highs in terms of GBP and EUR respectively.
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Thursday, November 01, 2007
Gold Dips 0.8% from $799 in London ; Breaks New 17-Month High for Euro Investors as Oil Surges Once More / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES came within $1 of $800 per ounce overnight in Asia on Thursday, rising 2.7% from the week's lowest point so far before slipping below $792 by mid-morning in London .
European stock markets also dropped, losing 0.5% in early trade as the Dollar bounced from Wednesday's new all-time record lows on the currency markets.
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Wednesday, October 31, 2007
Exploding the Myth of Unbacked Silver Certificates and Phony Silver Storage / Commodities / Gold & Silver
By: Professor_Emeritus
Executive summary
Analysts put their own construction on facts coming out of the class-action suit between Morgan-Stanley and 22,000 of its clients involving costs associated with the storage of precious metals. They jump to the conclusion that metal supposedly backing outstanding silver certificates does not exist and never has. Storing silver on clients' account is a farce. From this they conclude that the net short commercial interest in silver on the COMEX, allegedly naked, must further be increased by adding the amount of unbacked silver certificates and phony storage, which they conservatively estimate at one billion ounces.
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Wednesday, October 31, 2007
Gold Bull Resliant As US Dollar Falls to Record Lows / Commodities / Gold & Silver
By: Gold_Investments
GoldGold was down $4.20 to $784.40 in New York on Tuesday. Since closing in New York it traded sideways in the New York Access market, in Asia and early in Europe rose slightly to trade at $785.90 at 1100 GMT.
Gold is trading at £379.16 (GBP) and €543.86 (EUR). It is thus near record nominal highs in terms of GBP and EUR respectively.
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Wednesday, October 31, 2007
US Economy - Into the Night / Commodities / Gold & Silver
By: David_Vaughn
Well, gold continues its upward trek. Now coming closer to 800 an ounce. Where oh where now are gold's detractors.
Oil now has closed above 90 and ounce. Nearing its all time high. Saber rattling over Iran 's nuclear armament program receives renewed scrutiny by the Bush administration. Just a matter of time before US troops find their selves marching into Iran .
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Wednesday, October 31, 2007
Gold in " Bull Run " Ahead of US Interest-Rate Decision; Japan Remains in Post-Bubble Depression 18 Years Later / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES rose sharply late-morning in London on Wednesday, recovering an overnight drop in Asia to break above last week's 27-year closing high above $785 per ounce.Read full article... Read full article...