Category: Gold & Silver 2009
The analysis published under this category are as follows.
Friday, January 16, 2009
Gold Prices Headed Higher / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
While the banks stocks implode, let's have a look at the pattern developing in spot gold, which is 10 times the price of SPDR Gold Shares ETF (NYSE: GLD). Spot gold prices pivoted to the upside off of the $800 level, which also coincided with a successful test of the Nov.-Jan. support line ($811) and the rising 50 DMA ($812). Read full article... Read full article...
Friday, January 16, 2009
Gold Will Emerge Winner in this Tug of War / Commodities / Gold & Silver 2009
By: Chris_Galakoutis
A Federal Reserve balance sheet that has grown from 900 billion to well over 2 trillion since last fall may be on its way to 10 trillion according to some observers. There is no denying it's been pedal to the floor in money-printing efforts to restore the credit markets back to health. Read full article... Read full article...
Friday, January 16, 2009
Silver and the Minimum Wage / Commodities / Gold & Silver 2009
By: David_Morgan
Many of us who write about the precious metals field have put out their 2009 forecasts and predictions for the New Year. This writer is no exception, but it seemed to me that it might be nice to look at my mission statement and determine if I could compose a simple story that might engage the reader to think about the current dire state of affairs in the economy and how an honest “money” system might help on an individual basis.Read full article... Read full article...
Friday, January 16, 2009
Gold Rallies with Stocks as $1.3 trillion of "Aid" Caps the U.S. Dollar / Commodities / Gold & Silver 2009
By: Adrian_Ash
SPOT GOLD BULLION rose further from yesterday's 5-week low early Friday in London, bouncing together with world stock markets after Washington pumped more than $1.3 trillion into the US financial and economic systems.This fresh flood of money – promised in a series of announcements – put a floor beneath Wall Street stocks, commodity prices and foreign currencies, sparking a rally in all asset classes bar government bonds.
Read full article... Read full article...
Thursday, January 15, 2009
Will Gold Skyrocket to New Highs? / Commodities / Gold & Silver 2009
By: Money_and_Markets
Larry Edelson writes: In my August 2 and September 6, 2007 , Money and Markets columns, with gold trading at $664 and $694, respectively, I told you to increase your core gold holdings.
Since then, gold has risen to $855, a gain of as much as 28.7%. Assuming you had invested equal amounts on the aforementioned dates, your gold positions have gained an impressive 25.9%.
Read full article... Read full article...
Thursday, January 15, 2009
Gold Unmoved by ECB Interest Rate Cut / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF WHOLESALE GOLD BULLION was left little changed by the widely-anticipated cut to Eurozone interest rates Thursday, trading at $809 an ounce in London – and down more than 5% for the week so far – as global stock markets plunged yet again.The European Central Bank (ECB) lopped 0.5% off its key interest rate, taking it back to the record low of 2.0% hit during the last global "Deflation Scare" of 2001-2004.
Read full article... Read full article...
Thursday, January 15, 2009
Gold Trades Flat Ahead of ECB Interest Rate Decision / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold is marginally higher today but has fallen to one month lows as markets await the ECB interest rate decision. The ECB is expected to cut by 0.5% today and that has put the euro and gold under pressure as the dollar has strengthened in recent days.Read full article... Read full article...
Thursday, January 15, 2009
Trading Gold Using Gold Stocks as an Leading indicator / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
I find from time and time that gold stocks tend to lead the price of gold during extreme times and as I mentioned in last weeks report the HUI index has warned us up to 7 days in advance, before gold made sizable drop. Well this week is a perfect example in my opinion.
The charts below show how gold stocks became bearish much quicker than the price of gold indicating we should see lower gold prices soon. This time the HUI index gave us 5 days advance warning that gold will eventually drop quickly to catch up and the chart below show this.
Read full article... Read full article...
Wednesday, January 14, 2009
Gold Spot to Futures Price Gap Portends for Price Boom / Commodities / Gold & Silver 2009
By: John_Browne
Most consider the New York market ‘spot’ price for an accurate indication of the true price. However, investors now buying buy physical or ‘fabricated’ gold, are paying a premium of between $20 and $30 per ounce. When these gaps existed in the past, major increases in the price of gold were imminent. Read full article... Read full article...
Wednesday, January 14, 2009
The "Truth" About the Gold Market Today / Commodities / Gold & Silver 2009
By: Adrian_Ash
Just what is the link between retail gold coin prices and the apparent manipulation of gold futures & options...? YOU MAY HAVE SEEN some rather wild commentary of late concerning gold and silver prices. I can't vouch for the silver market – small, tight and still dependent on fast-falling industrial demand though it is. But as regards Gold Bullion , this sensational "analysis" mistakes the key basics of how the gold market actually works.
Read full article... Read full article...
Wednesday, January 14, 2009
Making Money in Troubled Times, Precious Metals Investing / Commodities / Gold & Silver 2009
By: Nick_Barisheff
Keynote Speech Presented by Nick Barisheff at the Empire Club's 15th Annual Investment Outlook Luncheon -
Thursday January 8, 2009. Today's topic at this 15th Annual Investment Outlook is “Making Money in Troubled Times”. This may be quite a challenge in 2009 if investors continue to do what they've always done. However, there is always a bull market somewhere and making money in troubled times is possible if you correctly identify the dominant trends and adjust your portfolios accordingly. Read full article... Read full article...
Wednesday, January 14, 2009
Gold Steady as Stock Markets Head Sharply Lower / Commodities / Gold & Silver 2009
By: Adrian_Ash
SPOT GOLD PRICES ticked down from a two-day peak after the London Gold Fix on Wednesday morning, slipping to $823 an ounce as European stock markets slumped for the fifth session running.Crude oil pushed up to $39 per barrel – a level first breached in May 2004 – while government bond prices slipped lower worldwide, pushing the 10-year German bund yield back above 3.0%.
Read full article... Read full article...
Tuesday, January 13, 2009
Gold Trends Lower as Dollar Rally Continues / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD BULLION let slip a 0.9% spike Tuesday lunchtime in London, struggling near a one-month low as world stock markets tumbled for the fourth session running.Both the US Dollar and Japanese rose yet again on the currency market, while crude oil fell back to $36.50 per barrel.
Read full article... Read full article...
Tuesday, January 13, 2009
Gold and the New Era, The Financial Times They Are A'changin' / Commodities / Gold & Silver 2009
By: Darryl_R_Schoon
Change is never easy and extreme change is the most difficult of all - Twelve years ago, the esteemed Financial Times in an editorial announced The Death of Gold ; and, in 2004, another contributor to FT noted, the end of gold as an investment has come a little closer .
Recently, however, on January 5, 2009 the Financial Times published David Hale's There Is Only One Alternative To The Dollar . Long-time subscribers to FT may be surprised to find that alternative to be gold—or, then again, they may not be surprised at all.
Read full article... Read full article...
Monday, January 12, 2009
Gold Falls Through Major Support as U.S. Dollar and Yen Rise / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD sank ahead of the US opening on Monday, dropping $20 in 20 minutes of London trade to bounce off $825 an ounce.
World stock markets also fell, while crude oil tumbled 5% to $38.85 per barrel.
Read full article... Read full article...