Category: Gold & Silver
The analysis published under this category are as follows.
Sunday, March 25, 2007
Gold and Silver Analysis - Have it Your Way / Commodities / Gold & Silver
By: Dominick
by Joe Nicholson (oroborean) - “I n the end, it's not always the facts that determine the market's reaction, but the context… The best advice for markets like these is to shut out the noise and trade the charts.”
~ Precious Points: Lackluster, But Not Tarnished
The gold chart below is an updated version of the one shown here last week. Clearly there's something to those channels, and it can only be interpreted as bullish that gold caught support at the centerline and moved higher last week.
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Wednesday, March 21, 2007
China, Now the World's Largest Investor - Gold to benefit / Commodities / Gold & Silver
By: Julian_DW_Phillips
China, now the world's largest Investor
This report is written in the light of an overlooked conclusion on the objectives of China. China realizes that it is an emerging giant. It realizes it has the capacity to outperform the developed world in manufacturing of all kinds [by following a path similar to Japan and other Asian nation - but on a far greater scale]. It is not China's intention to sit in the shadow of the U.S. or Europe, but to become the dominant global player, with its extremely low cost manufacturing cost structure.
The Chinese government wants China to be number one in the world and not just in manufacturing, but in designing a new government relationship to its economy, far removed from the structure used by either the U.S. or Europe. As such it will comply with the world's requests for change if it suits China's future. Such compliance will lessen as it grows to be indisputably the driver of the world's economy. It will do whatever it takes to access the resources with which to secure such a future, without asking anything of the nations with whom it contracts. It is naïve to think that China is likely to kowtow to the developed world. Because of these aims gold & silver has a place in the globe's monetary system.
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Wednesday, March 21, 2007
Gold Thoughts - A Falling US Dollar and Rising Interest Rates / Commodities / Gold & Silver
By: Ned_W_Schmidt
A decade ago the decisions of the Bank of Japan and the People's Bank of China might have been reported, but not widely. Somewhere in the back pages of the paper those musings would occasionally be found. Few were interested, and fewer yet knew these institutions existed. Today though the interconnected nature of financial markets, as well as the economic markets, is widely known.
What happens in those markets has implications for developments in your financial markets. To some this might be a loss of sovereignty, but economic sovereignty has been fading since the Phoenicians.
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Saturday, March 17, 2007
Gold and Silver Analysis - Lackluster, But Not Tarnished / Commodities / Gold & Silver
By: Dominick
“Even if there is a retest of support in the next two weeks, vital signs indicate this cat still has plenty of lives.” ~ Precious Points: Nine Lives, March 11, 2007
Though the trading in metals looked pretty unenthusiastic by the end of the week despite higher than expected inflation readings, gold and silver lived up to our expectations and, at Wednesday's lows, landed on all four feet. Readers were directed last week to examine last June, Sept and January on the weekly charts to illustrate the expectation of “inevitable” attempts to retest the 50-day simple moving average at higher lows. Even without the trend charts and commentary available to members of TTC, readers of this weekly update could have reasonably sold early strength and bought near the lows.
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Saturday, March 17, 2007
Weekly Gold and Silver Technical Analysis Report - 18th March 2007 - Technically Precious with Merv / Commodities / Gold & Silver
By: Merv_Burak
Gold went down. Gold went up. In the end gold went nowhere during the week. If this keeps up one can just go to sleep for a while and miss nothing. But are there stirrings under the guise of boredom? Let's see.
MOVING AVERAGE : Last week I briefly commented upon momentum, what it was and how to use it. I guess I should also say a few words about the moving average, which is another of the important indicators I use in my simple market analysis. I say “simple” as I do not believe in the complicated or super sophisticated. If it's not simple
I have found too often that it is also not worth the extra time and effort versus the potential extra benefits. I like the simple message of an indicator and especially the message that tells me “ you screwed up, get out fast ”. The moving average is one such simple indicator that does the job. Unfortunately, it is also an indicator that at times causes sudden reversals of message (whipsaws) so nothing is ever perfect.
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Thursday, March 15, 2007
Investing in Silver - Warp Speed / InvestorEducation / Gold & Silver
By: Roland_Watson
In the search for knowledge that helps us time exit and entry points for the silver market, I was reminded of that old science fiction series Star Trek. Now you may ask what Star Trek has got to do with silver? Well, let me define it as the "Spock-McCoy" syndrome of silver investing.
Watching reruns of that show reminded me of two mindsets when it comes to investing. First we have logical and methodical Mr. Spock who emotionlessly does everything "by the book" and will not let feelings enter into his final calculations and decisions.
Secondly, there is the headstrong Dr. McCoy who would often be bounced off Spock because he did let emotions play a part in his judgments and was often seen chiding Spock for anything that smacked off "cold-bloodedness".
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Wednesday, March 14, 2007
Gold Forecast - Viewing Pullback in Gold as a Buying Opportunity - Global Watch / Commodities / Gold & Silver
By: Julian_DW_Phillips
The Technical Picture of the Gold Price: The Gold Bullion Price expressed below is the price defining those of the Futures / Options / and Exchange Traded Funds, representing a portion of an ounce of gold. The $ price of gold is the one all market operators relate to, due to the $'s position as the present global Reserve Currency. Each Producer receives his income from gold in his local currency only as the host government of the mines exchange the income for local currency.
Likewise indian, European, et al, buyers of gold use their own local currencies when buying gold. Gold Forecaster , tracks the gold price in the different currencies.
U.S. Dollar Gold Price
The Long-Term Technical Picture of Gold:
Looking to Target $730+ in 2007
Sunday, March 11, 2007
Gold and Silver Analysis - The Precious Metals Cat has Nine Lives / Commodities / Gold & Silver
By: Dominick
“This is not the end of the bull market in metals and the blue moving average trend lines above should roughly hold. It's still reasonable, though, to expect some more short term weakness until the newfound volatility works to correct the recent overreaction.”
~ Gold and Silver Analysis - One Step Forward, Two Steps Back , March 04, 2007
Last week played out much as expected. Actually, it couldn't have been more perfect. The gap down and early weakness on Monday morning hit the 50-day simple moving averages described in the last update. The overnight move came as the USD/JPY tested support just above 115 and, as anticipated, bounced higher.
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Sunday, March 11, 2007
Weekly Gold and Silver Technical Analysis Report - 11th March 2007 - Technically Precious with Merv / Commodities / Gold & Silver
By: Merv_Burak
The week started on a downer and ended on a downer. Gold is trying to recover from the plunge but is finding difficulty. Which way next? Let's see.
Before going into the regular routine I though I would once more say a few words about MOMENTUM as so many are really not that sure what it is or what to do with it.
MOMENTUM (MOM)
When hearing or reading a commentator (or analyst) mention the word “momentum” I can say with all certainty that most readers do not REALLY know what the commentator is really referring to. The commentator in all likelihood doesn't really know himself but it sounds intelligent. Could it be earnings momentum or sales momentum or what have you momentum? Unless the commentator defines in simple terms what he is referring to, who knows, really?
Friday, March 09, 2007
Gold and Silver Bull Market Set to Continue - Six Reasons Why / Commodities / Gold & Silver
By: Aden_Forecast
All of the markets have been volatile and the precious metals have not been an exception. These markets, however, remain bullish. Despite the recent downward corrections, the major trends are up.
In fact, this month marks the six year anniversary of gold's bull market. This has led to some concern that these bull markets may be reaching maturity. But the evidence points to the opposite. While nothing is ever guaranteed with the markets, gold and silver really have everything going for them, suggesting these rises have a lot further to go.
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Wednesday, March 07, 2007
Central Bank Bought 20 tonnes of locally mined gold for its reserves / Commodities / Gold & Silver
By: Julian_DW_Phillips
In an almost unnoticed move in the market a dramatic event took place in January of this year. We have long talked of the easy way for a Central Bank to accumulate gold reserves unobtrusively. Usually we have pointed to Russia and China when this is discussed as they are the two nations that have expressed major concerns about the future of the $ and who are producers of gold. Should they decide to acquire gold for their reserves in earnest, the first move they are likely to make is to buy the locally mined gold.
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Tuesday, March 06, 2007
Commodities Market Wrap - Gold, Silver, Oil and Mining Stocks / Commodities / Gold & Silver
By: Douglas_V_Gnazzo
The latest buzz is that the commodity bull is over, sighing its last breath of life. Someone forgot to tell China the story, as last week they imported more copper then at any time since June 2005.
Cattle prices in Chicago surged to their highest level since 2003, and hog futures also rose. Sugar also put in a good week's showing.
Most analysts tout the CRB Index as proof positive that the commodity bull is dead and gone. The CRB is a weighted index, with oil and other commodities receiving a heavy overall weighting, which skews the reliability of the index to provide a true picture of the commodity sector in general.
Below is a chart of the CCI Index, which is an equally weighted index of commodities. Each commodity has the same weighting as any other commodity. Thus, a much clearer and truer picture of the commodity sector is revealed.
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Monday, March 05, 2007
Silver Forecast - Commercials shorted silver before the Drop! Short-term oversold / Commodities / Gold & Silver
By: Clive_Maund
The arguments relating to the COT structure and its application as a predictive tool set out in the Gold Market update, apply equally well to Silver, so readers are referred to it for details. In this Silver Market update we will look briefly at specific developments in the silver chart over the past week.
One big difference between silver and gold is that silver failed at resistance at its highs of last year, while gold never managed to get near to its highs. What this means is that silver is, as we have known for some time, outperforming gold, although that may seem rather academic right now.
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Monday, March 05, 2007
Silver becoming Oversold as it targets the 200 day Moving Average at $12.40 / Commodities / Gold & Silver
By: Roland_Watson
If I repeat first of all what I said in last week's update: "Silver could approach the old high of $15 before dropping back to near $14 which will be the last decent buy point before we soar."
That was half right and half wrong. Silver continued on up to a spot intraday high of $14.68 (though the futures got as high as $14.885 on Monday) and then dropped. It did not stop at $14 however. I also suggested:
"I think that silver has only a week or so to test $15 before being pulled back to perhaps its 50 day moving average. When silver moves into a bullish phase, the 50 day moving average takes over from the 200 day moving average as the baseline."
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Tuesday, January 23, 2007
Silver Market Update - Breakout to follow Gold higher / Commodities / Gold & Silver
By: Clive_Maund
Subtle but important changes in recent days have substantially increased the chances of upside breakouts by gold and silver. The situation is now very finely balanced with an army of traders either sat on the fence, or, depending on which way it breaks, on the wrong side of the trade. When it does break out - and it is beginning to look like it will be to the upside, there will be a stampede and an upside breakout from here could thus easily involve a $1 - $1.50 up day for silver.Read full article... Read full article...
Saturday, January 20, 2007
. / Commodities / Gold & Silver
By: Joe_Nicholson
Even after last week's rally, there is still talk about the run in commodities being finished. If you watched CNBC, you heard over and over that money had rotated out of commodities and into tech and, later, into retail. But, as we proudly boasted last week, even in the midst of this so-called "collapse", gold and silver never broke their psychological $600 and $12 support levels. And the action since last weekend's update fit the proscription very closely.Read full article... Read full article...
Tuesday, August 15, 2006
Gold - The Correction is NOT Over ! / Commodities / Gold & Silver
By: Nadeem_Walayat
After peaking at over $730, Gold corrected to 540, and the subsquent rally brought gold right to the 61.8% Fibanacii retracement which held ! This strongly suggests that gold has further downside to go, before it can resume the bullmarket.....
