Category: Gold & Silver
The analysis published under this category are as follows.
Wednesday, September 24, 2008
Mega Bailout Extremely Bullish for Gold / Commodities / Gold & Silver
By: Money_and_Markets
Sean Brodrick writes: Treasury Secretary Paulson and Congress are hammering out details of the government's rescue plan for financial institutions, and we don't know what final impact it will have on the debt crisis. But I can tell you one thing — it's going to drive gold prices higher.
In this plan, the government is squirting out hundreds of billions of dollars through a fire hose. That is inherently inflationary and should pump up the price of gold.
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Wednesday, September 24, 2008
Bailout Money Printing Signals Gold $1000+ / Commodities / Gold & Silver
By: Adrian_Ash
GLOBAL GOLD PRICES slipped early Wednesday, bouncing from an overnight low of $878 to record an AM Gold Fix in London some 0.4% below Tuesday morning.Asian and European stock markets held flat, meantime, as did the US Dollar against its major competitors on the currency markets.
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Wednesday, September 24, 2008
Gold's Strongly Bullish Fundamentals / Commodities / Gold & Silver
By: Mark_OByrne
Gold and silver fell yesterday ( both by about 2% ) on profit taking before rallying again in after hours trading and then falling in Asia . Volatility remains at a fever pitch in all markets. Gold remains in a range between $850/oz and $910/oz and may need further consolidation at these levels prior to further gains.Read full article... Read full article...
Tuesday, September 23, 2008
Gold Bull Market Trend Forecast / Commodities / Gold & Silver
By: Nadeem_Walayat
Leaving aside the historic credit crisis events of last week to approach the Gold market on a purely technical basis following the breakout above $850 last week. This article therefore is an update to my existing series of analysis of the last 6 months which has been consistently bearish of Gold (articles archive) during which time Gold has witnessed a decline from $1033 in March to $740 earlier this month. Read full article... Read full article...
Tuesday, September 23, 2008
Nadeem: Personal Thoughts on Gold and a Gold Standard / Commodities / Gold & Silver
By: Brian_Bloom
Hi Nadeem,
I commend you for your courage and integrity in publishing that with which you disagree. There are some editors of some web sites who haven't been behaving like you have.
Of course, you may be right that the gold price is positioning to explode upwards and I may be excessively conservative – but here is a chart of the US Dollar reproduced from an article by Clive Maund, for whom I have enormous respect as a technical analyst.
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Tuesday, September 23, 2008
Gold Price Forecast to March 2009 / Commodities / Gold & Silver
By: INO
We are the government, we're here to help.
I believe the only help the government gave us last week was pushing gold prices higher. During last week's massive bailout and intervention in the credit markets one of the few markets to close higher for the week was gold. This tells you a tremendous amount about how traders are thinking about the future. Read full article... Read full article...
Tuesday, September 23, 2008
A Dangerous and Deceptive Gold Market / Commodities / Gold & Silver
By: Brian_Bloom
For some months, this analyst has been urging readers to focus more on capital preservation than on capital growth. This is not as simple a concept as it seems.
For example, it is “obvious” – to those who have no faith in the US economy and/or the US Dollar – that gold is one place where the prudent investor should be invested.
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Tuesday, September 23, 2008
US Treasury Inflationary Bail-Out to Include Curb on Inflation-Hedge Investments / Commodities / Gold & Silver
By: Adrian_Ash
PHYSICAL GOLD BULLION PRICES slipped 2.1% early Tuesday from an overnight high of $910 per ounce, but the London Fix recorded its best level in seven weeks as Western stock markets tumbled yet again. Crude oil retreated to $107 per barrel after the "front-month" contract moved onto November.
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Tuesday, September 23, 2008
Precious Metals Surge on Prospects of $1 Trillion US Budget Deficit / Commodities / Gold & Silver
By: Mark_OByrne
Gold and silver surged again yesterday (up 5 % and nearly 8 % respectively) as the serious inflationary consequences of the Treasury's unprecedented plan to buy up at least $700 billion of toxic assets was realised. Gold surged from $861.40 to close over $900/oz but has since given up some of its gains, likely on profit taking.Read full article... Read full article...
Monday, September 22, 2008
Mounting Upward Pressure on Gold / Commodities / Gold & Silver
By: Mike_Paulenoff
The only thing my work is telling me for certain in the SPDR Gold Shares (NYSE: GLD) is that the upmove off of the 9/11 low at 72.51 needs a new high (above the 9/15 high at 90.78) prior to completion. The only issue for me is whether the GLD will pull back towards 85.50-85.00 prior to the surge above 90.78, or if the price structure is in the thrust right now?Read full article... Read full article...
Monday, September 22, 2008
Gold Extends Gains as Investors Seek Transparency of the Physical Metal / Commodities / Gold & Silver
By: Adrian_Ash
GOLD PRICES extended last week's 13% gain early Monday, nearing Wednesday's six-week high of $892 per ounce as the US Dollar tumbled on the foreign exchanges and world stock markets retreated from Friday's "big bail out" surge.
Pointing to the US Treasury's plans for a $700 billion "resolution trust" for toxic mortgage-backed securities, "the US Dollar's response last week was further depreciation," notes Walter de Wet at Standard Bank.
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Sunday, September 21, 2008
Silver Is the ONLY Asset that Is NOT Someone Else's Liability / Commodities / Gold & Silver
By: David_Morgan
Before sending me an e-mail telling me I am wrong, let me admit it!! I am WRONG -- silver is not the only asset that is not someone else's liability. But some of the staunchest "Gold Bugs" have it wrong and insist that gold is the only asset. In fact, fully-owned lumber or land or even an apple orchard are assets, and again, if owned outright would be an asset without a liability. Read full article... Read full article...
Sunday, September 21, 2008
Silver Significantly Weaker Trend Pattern than Gold / Commodities / Gold & Silver
By: Clive_Maund
Although silver investors may be understandably disappointed at its rather muted rally last week compared to that in gold, we should keep in mind that silver makes its best gains towards the end of gold uptrends, not at the start of them, which is where we are now. In the last update a snapback rally was predicted for silver on account of its severely oversold condition and proximity of strong underlying support and this is what we are now seeing.Read full article... Read full article...
Sunday, September 21, 2008
Gold Price Spike Breakout or Temporary? / Commodities / Gold & Silver
By: Clive_Maund
Although gold staged an amazingly powerful rally last Wednesday and Thursday, some are worried that the reaction on Friday, seemingly in response to the newly hatched "bailout plan" by the government and the Fed, marks the start of a slump back into obscurity as the bailout plan "works", so that last week's sharp rally turns out to have been nothing but a temporary spike. So let's make several things clear. Read full article... Read full article...
Sunday, September 21, 2008
Gold Benefits from US Fed Surging Bank Credit Growth / Commodities / Gold & Silver
By: Ned_W_Schmidt
U.S. Secretary of the Treasury & Free Lunches has done Gold investors an incredible favor. While not benefiting immediately as did those owning bank stocks, we will over time. With U.S. government now assuming responsibility for financial assets of dubious value, U.S. government has committed itself to nearly unlimited funding of U.S. housing market, and every other industry with political clout. One consequence may be that Federal Reserve loses control of monetary policy. Will the Federal Reserve now need to monetize U.S. government debt in unlimited fashion? Read full article... Read full article...
Sunday, September 21, 2008
Gold Explodes Higher as US Treasury Builds Toxic Bond Portfolio / Commodities / Gold & Silver
By: Joe_Nicholson
“We shouldn't be surprised to see gold near $900 and silver near $15 in the short term, though this won't necessarily mean a bottom is in place. ~ Precious Points: Topping the Copper Top, August 30, 2008
“Just how much money is there? The answer, of course, is virtually infinite. In the short term, precious metals will continue to trade along with many commodities opposite the dollar, which may be bullish because many commodities appear ready for a relief rally as the dollar prepares to consolidate.” ~ Precious Points: Full Faith and Credit, September 6, 2008
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Sunday, September 21, 2008
Gold- What the Heck is Going ON? / Commodities / Gold & Silver
By: Merv_Burak
Boy! What a week. Nobody seems to have a handle on what the heck is really going on. After a sharp day and a half of upside moves gold seems to have stabilized but with an upward bias. To try and guess what's to come would be foolish in this market so let's just see where we are and not worry to much about which way gold will go. It will get there, wherever there is. Read full article... Read full article...
Friday, September 19, 2008
The End of Central Bank Gold Selling? / Commodities / Gold & Silver
By: Julian_DW_Phillips
We are close to the end of the fourth year out of the five years of the second Central Bank Gold Agreement in which a ‘ceiling' was placed on the sales of gold by the signatories to this agreement of 500 tonnes a year. This piece looks at the prospects for sales by these signatories in the final year of the agreement and the prospects of a third agreement, which would govern sales of gold in the ‘open' market. Read full article... Read full article...
Thursday, September 18, 2008
Gold Soars to $893: Finally, the Wait is Over! / Commodities / Gold & Silver
By: John_Lee
The financial crisis is fast unfolding as Fannie Mae, Freddie Mac, AIG, Lehman, Merrill Lynch, Washington Mutual and Wachovia are joining Countrywide, Bear Stearns and company in their disappearing acts.Read full article... Read full article...
Thursday, September 18, 2008
Gold Forecast Target $2,500 and Silver $250 / Commodities / Gold & Silver
By: Peter_Degraaf
That's ridiculous' I can hear someone saying. But is it really all that far-fetched?
Let's begin by adjusting the previous high gold price of $850 set in 1980, into today's dollar value. By using the US government's own inflation calculator (bls.gov/data/inflation-calculator.htm or simply Google ‘BLS inflation calculator'), we find out that gold should be trading at $2,260 to match the 1980 high of $850
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