Category: Gold & Silver
The analysis published under this category are as follows.Friday, October 19, 2007
Too Big for Gold and Too Big to Handle - Major Funds Dominate the Global Economy / Commodities / Gold & Silver
The gold price has continued to look solid in the $650 area. Confidence in the banking, not just the mortgage system was given quite a blow last week. The $ rallied, but is in the process of turning down again. What lies ahead and why? Here are some of our views, which were published in the latest edition of the Gold Forecaster last week. These views are now being expanded there, with a closer look at the two types of "liquidity" supply. Their appearance has been sudden spread over just a few recent years. For the rapid growth of sovereign wealth funds, petrodollar investors [government controlled], hedge funds, and private equity groups [profit seekers] poses risks for the world economy as large as themselves.Read full article... Read full article...
Friday, October 19, 2007
Gold Gains for 8th Week in Nine as Oil Rises, Bond Yields Fall; Outpaces All Currencies vs. the Dollar / Commodities / Gold & Silver
SPOT GOLD PRICES surged to a new 27-year high early Friday, briefly breaking $771 per ounce as the US Dollar sank to new lows on the currency markets.
Oil prices also rose, shooting to a new record high above $90 per barrel as an assassination attempt on Benazir Bhutto, newly returned to Pakistan to discuss power-sharing with the military junta, killed 133 people in Karachi .
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Thursday, October 18, 2007
Gold Dips Again as Oil Rises; US Dollar to "Plunge" if Growth Slows, Inflation Rises / Commodities / Gold & Silver
SPOT GOLD PRICES ticked lower from an overnight rally in early European trade Thursday, moving from $762 per ounce to $760 by lunchtime in London .Read full article... Read full article...
Wednesday, October 17, 2007
Gold Cracks $750 in Advance of Coming Financial Storm! / Commodities / Gold & Silver
How about that gold price! Gold continues to awe and impress its naysayers.
The coming storm? Actually were already in it. There are so many storms on the horizon I don't know which one to address. That is why you now see gold cracking the 750 barrier. Gold is aware of these coming storms and is adjusting accordingly. Time is now moving quickly on the horizon.
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Wednesday, October 17, 2007
Is it Too Late to Buy Gold At This Price? / Commodities / Gold & Silver
Gold price relativity : What gold owners can learn from the stock bull market of the 1990s
For contemporary market analysis, history begins in the year 1971 when the dollar was detached from gold and the era of free floating gold and exchange rates began. First, we had a gold bull market which began in 1971 and lasted until roughly the 1982/85 time period. Then we had a stock bull market that began in between 1982/85 and topped in roughly 2000. The current bull market in gold began in 2000 and, if it were to follow form, could be expected to top sometime around 2015-2017.
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Wednesday, October 17, 2007
Gold Benefits from Geopolitical Risks - Turkish-Iraq Tensions / Commodities / Gold & Silver
GoldGold was up 30 cents on Tuesday in New York from $756.90 to $757.20. Since then it has traded sideways in Asian and early European trade and is up marginally to near fresh 28 year record highs at $759.20/ 759.70 at 1200 GMT.
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Tuesday, October 16, 2007
Gold Continues to Surge to New Highs Against All Currencies / Commodities / Gold & Silver
GoldGold was up $8.80 on Monday from $748.10 to $756.90. It has rallied in Asian and early European trade to fresh 28 year record highs and was trading at $762.00/ 762.50 at 1200 GMT.
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Tuesday, October 16, 2007
Gold & Oil Rise for Fourth Day as Stocks Drop on "Carry Trade" Panic, Threat of Turkish Action in Iraq / Commodities / Gold & Silver
SPOT GOLD PRICES hit a new 27-year high for the fourth session running early on Tuesday, breaking above $767 per ounce just ahead of the London open before slipping back to $760 – the level of last night's close – by midday.Read full article... Read full article...
Monday, October 15, 2007
Gold Stocks Could Correct In One Week / Commodities / Gold & Silver
We feel that gold and gold stocks are in for a sizeable correction in the next week, possible few weeks. We have seen a massive rally in gold stocks, with the HUI rising over 40% from its August lows.Read full article... Read full article...
Monday, October 15, 2007
Gold Surges vs. All Currencies as Oil Rises & Inflation Reports Loom; Europe Attacks Washington Over "Weak Dollar" Policy / Commodities / Gold & Silver
GOLD PRICES SURGED yet again early Monday, reaching new 27-year highs against the US Dollar and breaking through €530 for European buyers – a new 17-month high.Read full article... Read full article...
Sunday, October 14, 2007
Gold and Silver Analysis - Precious Points: Liftoff? / Commodities / Gold & Silver
“If … an ongoing correction pattern since the May 2006… proves to be the case, gold will have to plunge at least to the 50-week moving average and quite possibly lower. Hence the caution expressed in the newsletter recently. If the gains in precious metals are not corrective and in fact are already the start of a truly impulsive bullish wave, then not only will the target for the corrective wave be exceeded, we could easily see gold move over $800 and challenge nominal all time highs.Read full article... Read full article...
Sunday, October 14, 2007
Weekly Gold and Silver Technical Analysis Report - 14th Oct 07- Technically Precious with Merv / Commodities / Gold & Silver
Gold moved into new highs this week but not with any amount of enthusiasm. 15,312,000 ounces of gold sold short. Is that true? Boy, if someone had to cover that short there would be an upside explosion. But that's only dreaming, I think.
GOLD OPEN INTEREST
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Sunday, October 14, 2007
Germany and other European Central Banks Not To Sell Gold During 2008 and 2009 / Commodities / Gold & Silver
Some prominent commentators on the gold market are giving the impression that Germany and possibly Italy, will eventually be sellers of their gold, although not in 2008, even stating that the Bundesbank is 'not opposed to such sales', but simply need to agree the purpose for which the proceeds will be used. These commentators even say, that German gold sales will eventually begin. We could not disagree more strongly!Read full article... Read full article...
Friday, October 12, 2007
Gold Nears 7th Weekly Gain in Eight as Stock Markets Fall; Commodities Rise on Turkey-US Tensions, New Russian Wheat Tariff / Commodities / Gold & Silver
THE SPOT GOLD MARKET held in a one-dollar range either side of last night's US close on Friday morning, heading for the seventh weekly gain in eight above $747.50 per ounce.Read full article... Read full article...
Thursday, October 11, 2007
Germanys Central Bank Decides to Hold on to Gold Reserves / Commodities / Gold & Silver
GoldGold was up $3.10 in New York yesterday, from $736.70 to $739.80. It has continued to strengthen in Asian and early European trade. Gold was trading at $746.40/ 746.90 at 1200 GMT.
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Thursday, October 11, 2007
Gold - The Real Deal Bull Market and Store of Value / Commodities / Gold & Silver
In this analyst's view, if the Gold Share Indices break up relative to Commodities Index on the following two charts – which have been “dumbed down” to 7.5% X 3 box reversal to cut out all trading noise – then that will be a leading indicator pointing to the “Real Deal”. Gold will be unarguably on its way on its journey to becoming a genuine store of wealth in turbulent times.Read full article... Read full article...
Thursday, October 11, 2007
Gold Surges to New 27-Year High as "Inflationary Melt-Up" Hits World Stock Markets & Commodities / Commodities / Gold & Silver
SPOT GOLD PRICES surged 0.9% in early trade on Thursday to reach fresh 27-year highs above $748 per ounce as silver rose 1% and platinum recovered its high of Nov. 2006.Read full article... Read full article...
Wednesday, October 10, 2007
Gold and Silver Fundementals Have Changed Due To New Demand For Real Money / Commodities / Gold & Silver
Both gold and silver have had attractive and improving supply and demand fundamentals for many years running. Demand for gold jewelry has exceeded mine supply with Central Bankers making up the shortfall with what is by far their most precious reserve asset. The stated reason was to achieve higher income while the real reason was to suppress the price. If you believe their stated reason then you also probably believe that the reason the Fed stopped reporting the M3 money supply numbers in 2006 was to save money as they explained.Read full article... Read full article...
Wednesday, October 10, 2007
Gold Rises as European Stocks Miss Out on US, Asian Surge; Also Hits New 17-Month High vs. the Euro / Commodities / Gold & Silver
SPOT GOLD PRICES continued to tick higher during the Asian and early European sessions on Wednesday, gaining more than $6 per ounce from last night's US close to reach $744 by lunchtime in London.Read full article... Read full article...
Tuesday, October 09, 2007
Gold & the End of History's Holiday, Bloombergs Article Implies Mainstream Consensus is Still Opposed to Gold / Commodities / Gold & Silver
"...The 1990s failed to mark the end of history. It just took a short holiday, instead – and at the very same time, historians and pundits alike announced the 'death of gold', too..."
IF WHAT YOU THINK depends on where you sit, then in early 2000, the Oxford historian Niall Ferguson – like pretty much everyone else who pulled up a chair and took a look – sat two decades into the final demise of gold as a valuable asset.
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