Category: Gold & Silver
The analysis published under this category are as follows.
Friday, January 04, 2008
Gold Mega Move Underway, Stay With It! / Commodities / Gold & Silver
By: Aden_Forecast
As we enter 2008, gold is hitting a new record high. That's a great way to kick off the new year and it looks like there's a lot more to come. Why?
This commodity upmove is over six years old, yet it's still young and it'll likely last another decade before it's over. The falling dollar has certainly given the commodities a boost and there's really no reason why the dollar will strengthen next year, which is a positive sign for the commodities.
Read full article... Read full article...
Friday, January 04, 2008
Gold Strongly Bullish Outlook for 2008 / Commodities / Gold & Silver
By: Julian_DW_Phillips
Gold in 2008 will see a gear shift in its evolution to higher prices still.Although we do not have sufficient space here to cover the full picture of why, [this will be seen in the full issue of the newsletter by subscribers] we can give you one aspect of why. This feature will be one of "moves to extremes" in a variety of markets as "dramatically difficult days" will hit some markets and "couldn't be better days" hit others.
Read full article... Read full article...
Friday, January 04, 2008
Gold and Commodity Prices Surge on Eurzone Inflation Data / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES bounced on Friday from an early dip in London, recording an AM Fix of $858.75 per ounce – some 0.7% below Thursday's new all-time high – before touching $862 as the US open drew near.Read full article... Read full article...
Friday, January 04, 2008
Gold Hits a New All Time High on Investor Stagflation Fears / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES continued to hit a series of all-time record highs on Thursday, touching $868 per ounce for the second time late in London trade after recovering from a 1.5% pullback on stronger-than-expected US jobs data.Read full article... Read full article...
Thursday, January 03, 2008
Gold New Year Breakout Signals Strong Gains for 2008 / Commodities / Gold & Silver
By: Clive_Maund
What a terrific start to the year for gold! When you see a breakout to new highs on the 1st trading day of the year like this for a commodity it normally signals further strong gains as the year continues.Read full article... Read full article...
Thursday, January 03, 2008
Gold Soars and Global Turmoil and Plans for China Gold Futures Exchange / Commodities / Gold & Silver
By: David_Vaughn
Well, according to gold bears gold was supposed to go down.Instead it is going up. Makes no sense, huh? I'm really not a nut to get hung up over the gold price. I merely see the price as a reaction to events happening around us.
Well, another decade is coming soon right around the corner. Seems like the last decade barely got started. Seems like yesterday was 2001 and an entire fresh ten years was before us. And the older we get time seems to go faster and even faster. I remember in 2001 making estimates of where the new decade would take us and where we would be when 2010 came. What has happened these past years?
Read full article... Read full article...
Thursday, January 03, 2008
Buy Gold Whilst Its Still Cheap - US Dollar Doomed / Commodities / Gold & Silver
By: Alex_Wallenwein
This is almost a “No Comment Necessary” article. Take a good look at this US Dollar Index chart and witness the ominous Head-and-Shoulders pattern beginning to show itself.
Ironically, the flattening red line of the 50 day moving average slices right through the “head” of the formation - precisely at the neck line. An ominous sign, indeed! Not so much from a technical standpoint, of course, but from a symbolic one.
Read full article... Read full article...
Thursday, January 03, 2008
Forecasts 2008: Sinking US Dollars, Gold Record Highs / Commodities / Gold & Silver
By: Adrian_Ash
"...Want a racing certainty for the coming year? Central banks everywhere will either cut or hold interest rates, making the currency markets a suck of ever-shrinking real worth..."
WHO CAN REALLY SAY what 2008 will bring?
Read full article... Read full article...
Wednesday, January 02, 2008
Gold New Year Rally, Experts Forecast New Record High for Gold in 2008 / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT GOLD MARKET for immediate delivery rose strongly in Asia early Wednesday, gaining more than 1% to recover Monday's two-month highs and recording an AM Fix of $840.75 per ounce as London re-opened for business after the New Year's holiday.
In Tokyo the Nikkei stock index dropped 1.6% on the first trading day of 2008, while Chinese stocks ended the session almost 1% lower.
Read full article... Read full article...
Wednesday, January 02, 2008
Gold Investments 2007 Review and 2008 Forecasts / Commodities / Gold & Silver
By: Gold_Investments
Gold Price Review Gold closed 2007 at $834.50 per ounce. Gold closed at a new monthly high close (and near record annual high and all time non inflation adjusted high) as investors again sought the safe haven appeal of gold. And with the dollar falling sharply again (last week recording its worst week against the euro in more than a year) – precious metals were well supported.
Gold had a weekly gain of 3.3%. The year-on-year gain was a very healthy 32%. Gold´s gain was the largest annual gain since 1979 (when its price doubled) and its seventh straight year of positive returns. Gold thus outperformed the majority of the world´s major stock markets once again.
Read full article... Read full article...
Tuesday, January 01, 2008
Gold Beats the Stock Market for 2007 - The Baby Boomers Effect / Commodities / Gold & Silver
By: Ned_W_Schmidt
GOLD WINS! PAPER EQUITIES LOSE! The headlines for investing in 2007, and the previous ten years, can now be written. Forget all the other drivel about what happened in the markets in 2007. Gold won! That's all you really need to know. Gold beat paper equities for the one year, for the five years, and for the past ten years. Absolutely no way purveyors of paper equities can paper over their miserable performance. Read full article... Read full article...
Sunday, December 30, 2007
Gold Strongly Bullish Going into 2008 / Commodities / Gold & Silver
By: Merv_Burak
Boy, you take a few days off and all hell breaks loose. Gold seems ready for new highs and the US $ for new lows. Let's take a quick look.
U.S. Dollar Index
No fundamental stuff here, just the facts. Let's take a little tour as to where the $ has been and see if there is any indication of it coming to a halt anytime soon.
Sunday, December 30, 2007
Gold and Silver Super Breakout into 2008! / Commodities / Gold & Silver
By: Joe_Nicholson
“The move from a triangle e should be a powerful thrust that breaks out of the triangle. Though Friday's action began strongly, it stalled in the afternoon leaving the wxy alternate still valid. We'll know very soon which count is invalidated … it will take an impulsive thrust above $823 next week in the front month futures contract to rule out the triangle fake out. Silver also had a strong week, moving back above $14, but failed to win back all of last week's losses. Friday's rally failed to take out the previous day's high and closed back below the 50-day sma.” ~ Precious Points: Bull Trap in Gold? December 22, 2007 Read full article... Read full article...
Thursday, December 27, 2007
Gold 2008 - Increasing Appeal as Inflation Hedge / Commodities / Gold & Silver
By: David_Vaughn
Gold continues to do best what gold does…keep people in suspense.
Up and down and even sideways it seems so goes the price. But it is really not the price that is important. It is the message it portrays that is the most important. Gold is a pillar in financial society. I thought I would include a graph the last trading day before Christmas. I am bringing it to attention because so many disappointingly try to predict the direction of the gold price.
Thursday, December 27, 2007
Gold Forecast 2008 / Commodities / Gold & Silver
By: Michael_J_Kosares
In a December 2004 interview with the Wall Street Journal, I predicted $525 for gold's high in 2005. It hit that $525 level the following December. For 2006, once again in a Wall Street Journal interview, I predicted a "breakout year" for gold with a top price of $760. Its actual breakout high came earlier in the year than I had anticipated (in May) and a bit lower than I had predicted -- in the $730 range (intraday Comex). In January, 2007, when gold was trading in the $625 range, in a forecast published in a NewsGroup Market Update through our USAGOLD website, I made $715 my minimum upside target and suggested that gold could hit the $800 level, or go as high as $875 if tensions escalated in the Persian Gulf; or if the quid pro quo with China broke down; or if the new Congress proved as anti-market as advertised; or if we got some surprises. Gold hit $840 in November and is trading at the $810 level as this is written. Read full article... Read full article...
Saturday, December 22, 2007
Gold and Silver Analysis - Bull Trap in Gold? / Commodities / Gold & Silver
By: Joe_Nicholson
“If the triangle is going to prove correct, the question becomes whether the e wave low is in place or is another small low to come. Either scenario would be bullish for gold as it would make imminent the start of a 5th wave move to new highs, which a move back above the 5-week sma at $800 would tend to confirm. An alternate that keeps the recent selling corrective … looks for a lower low in the $750-775 range. The question from a fundamental standpoint will be whether the forces causing this consolidation in metals will persist enough to take gold to it's lower target, or strengthen enough to take the bullish shine off silver and metals altogether.” ~Precious Points: More Tough Love from Bernanke and Co. December 15, 2007 Read full article... Read full article...
Saturday, December 22, 2007
Gold Gaps UP, Targeting Trend to $850 / Commodities / Gold & Silver
By: Mike_Paulenoff
The streetTracks GOLD ETF (NYSE: GLD) gapped up this morning and has pushed up through its Nov-Dec resistance line at 80.00, which if sustained should trigger upside acceleration from the bullish triangle pattern that has developed during the past 7 weeks, and which projects an optimal target zone of 85.00-86.00.Read full article... Read full article...
Friday, December 21, 2007
Gold Whats Driving it Higher? and Forecast for 2008 / Commodities / Gold & Silver
By: Julian_DW_Phillips
As we approach the end of 2007 and a time when gold looks poised to move through its record high, and a time when global financial volatility and uncertainty have never been higher, it is time to look at what's driving the gold market now and what lies ahead in 2008.Read full article... Read full article...
Friday, December 21, 2007
Gold Remains in Tight Trading Range over Christmas Holidays / Commodities / Gold & Silver
By: Gold_Investments
Gold was down $2.60 to $798.50 per ounce in New York yesterday but silver was up 14 cents to $14.21 per ounce. Gold traded sideways in Asia and ticked up in Europe and the London AM Fix was at $803 (up from $799.50). At the London AM Fix gold was trading at a new all time record in British pounds at £404.68 GBP (up from yesterday's London AM Fix at £401.62). Gold went up to €558.88 EUR (up from yesterday's London AM Fix at €557.30 ). Gold has again increased in sterling and in euros. Gold thus surpassed it's all time record high in british pounds with news of the horrendous current account deficit and deteriorating UK economy (see below). Gold will likely reach it's non inflation adjusted highs in euros and dollars early in the New Year.Read full article... Read full article...
Thursday, December 20, 2007
How to Make an Income from Gold Investments / Commodities / Gold & Silver
By: Adrian_Ash
"Christmas is coming, the champagne's getting flat; "Please put a penny in the old broker's hat..." – David Phillips, The Chart Prophet
ONE OF THE BIG stumbling blocks for investors thinking about gold is that it doesn't offer to pay any income.
That's why bone-headed gold schemes turn up like Simon Cowell at a botox clinic.
Read full article... Read full article...