Category: Gold & Silver
The analysis published under this category are as follows.
Tuesday, January 15, 2008
Investing in Silver - the Bulky Precious Metal / Commodities / Gold & Silver
By: David_Morgan
Having survived another holiday season, and after putting away most of the holiday decorations, my mind wandered as to what would be a good article to start off the New Year. Certainly we could follow the general genre and produce a forecast for 2008 on the economy, metals prices, elections—however, it seems there is already enough of this out on the Internet already.
My musing took me back to challenge the general “non-thinking” consensus about the silver market and an opinion that I'm met with quite often. Without the myriad of twists on the basic question, let me make it a general statement.
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Tuesday, January 15, 2008
Gold $900 and 2008 Forecast / Commodities / Gold & Silver
By: Jordan_Roy_Byrne
Not even a month into 2008 and Gold is stealing all headlines again. The ancient metal of kings has hit an all time nominal high while many other markets have struggled since August. Can gold go higher from here? Is this a top? Below is a long-term weekly chart of the aforementioned metal.
The various black trendlines all have the same slope and therefore form important channels. Gold has just hit long-term channel resistance. The Bollinger band width is very high, also implying a top could be at hand. The arrows show trendline support. The current risk outweighs the reward.
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Monday, January 14, 2008
Investors Flock To Gold as Global Banking Crisis Worsens / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT GOLD MARKET surged into the London opening once again on Monday, starting the week at a new record high of $914 per ounce and hitting record highs against all other major currencies, too.Read full article... Read full article...
Monday, January 14, 2008
Gold Breaks Above Psychological Level of $900 - Short-term Correction Expected / Commodities / Gold & Silver
By: Gold_Investments
Gold's strong performance continued last week and gold was up $4 to $894.90 per ounce in trading in New York on Friday and silver was up 8 cents to $16.23 per ounce. Gold was thus up 3.5% for the week and silver surged 6% breaking long standing overhead resistance to reach new 27 year highs.Read full article... Read full article...
Monday, January 14, 2008
Is Copper Signaling Lower Gold Prices Ahead? / Commodities / Gold & Silver
By: Clif_Droke
Here's a question many investors have asked in recent weeks, especially given the current divergence between the gold and copper prices.
Copper has a history of providing leading signals for the price of gold. Most notably, the copper price double-bottomed between 1999-2001 and refused to make a lower low during a time when the price of gold make a 20-year low. This leading signal in copper preceded the major turnaround in the yellow metal price in 2002 and beyond.
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Sunday, January 13, 2008
Gold $900 - Fed Failing to Beat Inflation / Commodities / Gold & Silver
By: Joe_Nicholson
“Any perception of the Fed's stinginess might play into a consolidation period for metals and could also start a rally in the dollar that has so far not appeared at the top of the year as some expected. That we've seen any weakness in metals at all lately might simply be the technicals asserting themselves, flattening out the ascent a bit before another run. Consider that oil is trading at all-time inflation adjusted highs, whereas gold's inflation adjusted record is above $2000 per ounce! Breaking through and holding last week's highs will be the first objective of any bullish activity.” ~ Precious Points: Wave 1 Done? January 06, 2008 Read full article... Read full article...
Saturday, January 12, 2008
Gold Investments - Time to take Profits? / Commodities / Gold & Silver
By: Adrian_Ash
"...Go on - choose where you'll keep your profits. Then sell your gold if you dare..."
IMAGINE YOU'D been smart and put some cash into gold.
You didn't need to buy before the Gold Market took off. Buying gold at the start of last month will do fine.
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Friday, January 11, 2008
Gold at $890 on Merrill Lynch $15billion Mortgage Loss / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES for immediate delivery held 1% below their new overnight records in London early on Friday, flipping around $890 per ounce as the US open drew near.
"Yesterday the Gold Market looked bearish on the day [but] after the initial dip we had a rally of $30," says this morning's note from the metals dealers at Mitsui in Sydney .
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Thursday, January 10, 2008
Ranking of Silver Stocks In Order of Leverage / Commodities / Gold & Silver
By: Roland_Watson
Three months ago at the beginning of October The Silver Analyst had a look at 60 silver or silver related stocks and ranked them according to the most important feature investors want in a silver mining stock. That feature is leverage. If silver is powering ahead as we expect it to do increasingly in the months ahead then we want stocks which power ahead even more than silver.
To that end a table was produced which ranked each stock not just by absolute gain but by how much it was delivering leverage on the price of silver. That study was conducted for prices from the major intraday lows on August 16th 2007 to the intraday highs near to October 2nd 2007. I won't reproduce the whole table but will show you who the top ten performing stocks over that time period were.
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Thursday, January 10, 2008
Gold's Two Stage Mini Blowoff Rally / Commodities / Gold & Silver
By: Alex_Wallenwein
Gold's rocket-blast higher on Tuesday, January 8, occurred in two stages and demonstrated a most unusual pattern:
After a brief blip upwards right at the open in Sydney, gold commenced a steady, slow upward trend throughout most of the day. After Sydney closed, it dropped a wee bit and then began an asymptotic moon shot that was immediately capped upon the London open.
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Thursday, January 10, 2008
Gold BREAKS All Records! / Commodities / Gold & Silver
By: David_Vaughn
Wow! Can you believe what gold is doing? It literally has broken every established record climbing to where it has never been before. So far it has climbed as high as 870 before leveling back a bit. Just remember though. This is not about gold. This is actually about deteriorating world economic and political events.Read full article... Read full article...
Thursday, January 10, 2008
Gold Hits New US Dollar All-time High / Commodities / Gold & Silver
By: David_Shvartsman
Gold is making new all-time highs today, as the dollar price for spot gold rises above $890 an ounce .Strong fund buying since the start of the new year, momentum in the key Japanese gold futures price, and the launch of a new gold contract in Shanghai helped to fuel the rise, according to Reuters.
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Wednesday, January 09, 2008
Gold SMASHES Through 1980's All-Time High! Next Target $1,000! / Commodities / Gold & Silver
By: Money_and_Markets
Larry Edelson here with an urgent update on gold: Starting a few minutes before 8 a.m. Eastern Time today ...
• Gold smashed through its all-time record high of $877 per ounce ...
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Tuesday, January 08, 2008
Gold Trades at New All Time High / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES leapt at the London opening on Tuesday, shooting 1.5% higher against the US Dollar to hit all-time record highs above $876 per ounce.Australian investors saw Gold Prices break A$995, another new record high. In Canadian Dollars, gold hit C$876 per ounce, while the Gold Price in Euros jumped 1.3% to a new record of €595 – higher by nearly one-quarter from this time last year.
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Tuesday, January 08, 2008
Gold Demand Heightened by Iranian Action in the Strait of Hormuz / Commodities / Gold & Silver
By: Gold_Investments
Gold was down $3.70 to $859.30 per ounce in New York and silver was down 14 cents to $15.16 per ounce yesterday. But gold is up sharply in Asia and early European trading and the London AM Fix was at $873.25. While profit taking and consolidation were to be expected gold has continued to surprise to the upside and has reached new record highs. Gold's new historic record beat the previous all-time pinnacle of $868.89 set last Thursday amid unrest in Pakistan, a faltering dollar and as oil struck an historic peak above $100 a barrel.Read full article... Read full article...
Monday, January 07, 2008
Inflation, Deflation - A Mexican Standoff / Commodities / Gold & Silver
By: Captain_Hook
The inflation and deflation camps are now at completely opposite ends of the spectrum – each staring the other down in a Mexican Standoff of sorts. In this regard it's not uncommon to find articles telling us why inflation is the big concern right along side others that provide lucid arguments as to why 1929 is just around the corner. And as noted in our alert yesterday , not since the year 2000 have we witnessed such complacency in the trade considering what's happening out there, where if this keeps up at some point the equity complex will just snap-off one morning with big down days over seas leading the way. Of course on the flip-side of this, and as Dave pointed out the other day , history has proven that shorting technical set-ups like we have right now has proven expensive for the bears, and that most should abstain from shorting stocks. So, the 64 trillion dollar question arises, ‘who is right?'Read full article... Read full article...
Monday, January 07, 2008
Gold on Target to Achieve $1000 Early 2008 / Commodities / Gold & Silver
By: Mike_Clark
Gold was down $2.80 to $863 per ounce in New York on Friday and silver was down 5 cents to $15.30 per ounce. Gold is marginally down in Asia and Europe and the London AM Fix was at $857.50. Gold started the first week of the New Year very strongly and was up some 3% in last weeks' shortened first week of trading and thus some profit taking and consolidation were to be expected.Read full article... Read full article...
Monday, January 07, 2008
Asian Stock Markets and Crude Oil Dips as Gold Rallies / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT GOLD MARKET bounced from a 0.7% dip early Monday, reaching $861 per ounce by lunchtime in London as crude oil prices slipped on forecasts of warmer weather in Britain , Europe and the north-eastern United States .Read full article... Read full article...
Sunday, January 06, 2008
Gold Hits New All Time High? / Commodities / Gold & Silver
By: Merv_Burak
A good week. Was it a new all time high? And even if it was, so what? Some comments below.
NEW ALL TIME GOLD HIGH ??
There was some comment in the media about gold making a new all time high on Wednesday. Did it? And if it did, what does it mean?
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Sunday, January 06, 2008
Gold and Silver Corrective Wave Due / Commodities / Gold & Silver
By: Joe_Nicholson
From a technical standpoint, gold still has room to run, at least up to the November high and probably beyond. Whereas the technical picture in the white metal had been pointing lower, the recent performance in tandem with gold now supports a more optimistic outlook. Gold has a decidedly bullish look about it, but it will take clearing $855 before some will finally put to rest any lingering suspicions of a deeper correction. An impulse in gold beyond that level would probably be matched with silver moving through $15.50 if not $16. Gold can be expected to reach record highs, but the fate of the housing market, the economy at large, and other exogenous factors may still determine the extent of that move. If last week's signal was the triangle in gold, then this week's might be silver at $15. ~Precious Points: Super Breakout! December 29, 2007 Read full article... Read full article...