Category: Gold & Silver
The analysis published under this category are as follows.Thursday, October 16, 2008
Another Dow Jones Crash; Another Reason to Buy Gold? / Commodities / Gold & Silver
Larry Edelson writes: The credit collapse is not entirely over. Nor is its impact on Main Street.
And as we saw yesterday, there will be more sell-offs, sharp ones that scare the dickens out of nearly everyone.
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Thursday, October 16, 2008
Dow Gold Ratio Sinks to 14-Year Low / Commodities / Gold & Silver
THE SPOT PRICE of GOLD BULLION twice bounced off $830 an ounce early Thursday – the floor set five times already this week – as world equity prices sank yet again.Hurricane Omar strengthened to category 3 in the Caribbean, but the price of crude oil sank to a fresh 14-month low below $73 per barrel.
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Thursday, October 16, 2008
Gold Holds Steady In face of Massive Deleveraging of Global Financial System / Commodities / Gold & Silver
Gold has remained resilient despite stock markets collapsing again internationally. Asian stock markets have fallen sharply with the Nikkei collapsing by more than 11%. European markets are down between 2% and 5.5% in early trading after recovering from steeper losses at the open.Read full article... Read full article...
Wednesday, October 15, 2008
Central Banks Throwing Trillions to Save Burning Banks / Commodities / Gold & Silver
Sean Brodrick writes: If the Central Banks were our kids, we'd be taking their credit cards away. They are spending us into the poor house!
Sure, Wall Street is at the rotten root of this crisis. Their toxic debt is poisoning the global economy and financial system. But there's plenty of blame to go around.
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Wednesday, October 15, 2008
Gold Slides with Stocks as Governments Go on Bank Debt Binge / Commodities / Gold & Silver
SPOT GOLD PRICES slipped 1.7% into the US opening on Wednesday, dropping back to $833 an ounce for the fourth time in a month as the Dollar bounced on the forex market and world equity prices sank for the sixth time in 11 sessions.Read full article... Read full article...
Tuesday, October 14, 2008
Gold Bull Alive and Well ……….at least Outside the United States! / Commodities / Gold & Silver
Certain subscribers from Australia and Canada have been writing in during the year saying that they had bought gold when it was at $x, gold had gone up, and yet their investment had not. Well, with the exception of US citizens, gold is in a roaring bull market because of the exceptional strength of the US Dollar since March of this year. Far from topping out in March, gold in other countries is still reaching new highs. This strength caught most investors out, and particularly a number of hedge funds which have had to liquidate because of losses incurred through being short of the dollar and long commodities.Read full article... Read full article...
Tuesday, October 14, 2008
Gold Consolidates at New Highs in Euro and Sterling / Commodities / Gold & Silver
Gold continues to consolidate after its 3% rise last week. Given the scale of money creation and digital money printing gold taking place in the US and internationally, gold looks set to surge in the coming weeks as physical demand is unprecedented and supply remains lackluster at best.Read full article... Read full article...
Tuesday, October 14, 2008
Gold Slides as Global Stock Markets Soar / Commodities / Gold & Silver
SPOT GOLD PRICES slid from an overnight rally as the US opening drew near on Tuesday, trading 3% lower against most major currencies from this time last week while world stock markets continued to leap thanks to the promise of almost $2 trillion in tax-payers' money.The Japanese Nikkei index leapt a record 14% on the day, recovering just over half of last week's huge losses.
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Tuesday, October 14, 2008
End of Private Banking System Era and the Gold Primary Bull Market / Commodities / Gold & Silver
Some months ago this analyst began voicing his view that what we are witnessing is the end of an old era and the commencement of a new one. Events of the past two weeks have certainly had no precedent. Comparing the market's behavior today with that of 1929-1933 ignores the fact that in those days there was not the quadrillion dollar derivatives risk exposure that some analysts argue exists today.Read full article... Read full article...
Tuesday, October 14, 2008
Trading the Silver to Gold Price Ratio / Commodities / Gold & Silver
Historically (1808 – 2008), the ratio between gold and silver has been 33 ounces of silver equals one ounce of gold. More recently, say 1978 – 2008, the ratio has widened to on average, 60 ounces of silver buys one ounce of gold. At the extremes the ratio fell to 17:1 in 1980 as both metals peaked; and rose to 100:1 in 1991 during the depth of the recession.Read full article... Read full article...
Monday, October 13, 2008
Gold Bounces from Friday Crash as Governments Nationalise Banks / Commodities / Gold & Silver
Gold Prices gave back an initial 2% rally in Hong Kong and London trade on Monday, standing $10 an ounce higher from Friday's close at $858 as world stock markets bounced almost 6% from last week's record sell-off on news of bank nationalizations and government bail-outs.Read full article... Read full article...
Monday, October 13, 2008
Why Gold Is Dropping When It Should Be Rising / Commodities / Gold & Silver
Why is gold dropping right now when anyone in their sane mind would expect it to rise? The simple answer to this question is, “because Comex-gold isn't gold” – and because it deceptively pretends to be 'the' price-setter for real gold.
Gold is gold, paper is paper, and “Comex gold” is nothing but paper masquerading as gold while simultaneously pretending to be the price-setting medium for actual gold in the world. Now, finally, Comex-gold is in the process of being unmasked.
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Sunday, October 12, 2008
Gold Gains Wiped Out By Chaotic Price Action / Commodities / Gold & Silver
While the world's markets were dropping like a rock all week long gold was moving higher, until Friday. Almost the full week's gains were whipped out on Friday. So, now what? A person would have to be nuts to try and forecast what's to come in this environment. Let's just see where we are and go with that.Read full article... Read full article...
Friday, October 10, 2008
A Credit Crisis? No its a Confidence Crisis! Gold? / Commodities / Gold & Silver
Events on the banking, credit and foreign exchange fronts are behaving in a startling and frightening way. Not only are equity markets crashing but currencies are worrisome especially now with what appears to be a strong $, but falling against the Yen. We saw a dropping € against the $, with the news from the Eurozone confirming it is infected with the same financial virus as the States. With both currencies weakening, their relationship to each other is losing relevance as they fall against gold. This is now confirmed as gold broke through the $900 barrier this week. Yes, as the currencies are falling against gold, it's not simply a credit crisis out there. Let's call a spade a spade; it's a confidence crisis!Read full article... Read full article...
Friday, October 10, 2008
Gold Breaks Higher as Global Stock Markets Crash / Commodities / Gold & Silver
SPOT GOLD PRICES to a new 11-week high early Friday before slipping back to $905 an ounce for US investors as world stock markets plunged into what's now the worst five-day crash since the wipe-out of Oct. 1987.Read full article... Read full article...
Friday, October 10, 2008
Gold Surges on Safe Haven Stock Market Panic Buying / Commodities / Gold & Silver
While gold has again surged on safe haven buying overnight (and is up since 20% since the financial and economic crisis deepened), there is increasing surprise that gold has not surged to its recent record highs especially as there are deepening shortages of retail bullion internationally and the gold holdings of gold ETFs continue to surge.Read full article... Read full article...
Friday, October 10, 2008
Methods for Estimating the Price of Gold / Commodities / Gold & Silver
There are several different approaches to calculating a theoretical price for gold. The purpose of this essay is to calculate this figure using two different methods. For each, the total ounces of gold above ground will be divided by:Read full article... Read full article...
Thursday, October 09, 2008
Gold Ready to Skyrocket? / Commodities / Gold & Silver
Hi, this is Adam Hewison. I have just finished a new video on gold that I would like you to see. This new video deals with some of the strange events that we've been going through the past two or three weeks, or in some cases several months.Read full article... Read full article...
Wednesday, October 08, 2008
Gold and the Flood of Cheap Government Money / Politics / Gold & Silver
"...If we allow governments to control finance, we give them extraordinary power over which projects are allowed and which are deemed inappropriate..."
The BRITISH PRIME MINISTER , Gordon Brown, says the current mess in world finance and credit is the fault of "irresponsible" bankers.
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Wednesday, October 08, 2008
7 Trillion Reasons to Own Gold / Commodities / Gold & Silver
Sean Brokerick writes: In just a few short weeks, America has gone from looking at a potential economic downturn to staring into an economic abyss.
In a matter of days , confidence in the Federal Reserve's ability to unfreeze our nation's credit markets has nearly vanished.
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