Category: Gold and Silver 2010
The analysis published under this category are as follows.
Friday, April 16, 2010
Rising U.S. Dollar and Declining Gold or Vice-Versa? / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
The current situation on the USD Index and gold appears to be in tune with each other even though the statistical numbers don't confirm it, which is a particularly interesting state. Therefore, we decided to provide you with a follow-up regarding our recent gold / usd analysis and let you know what we believe is going to take place in the gold market soon.
Friday, April 16, 2010
Is Silver Ready to Surge? / Commodities / Gold and Silver 2010
By: Sean_Brodrick
Main Street may know something that Wall Street’s chattering class doesn’t know. Because while Wall Street always seems to give silver short shrift, mom-and-pop investors are buying silver at a furious pace.
Friday, April 16, 2010
Gold "Consolidates" as Greek Bail-Out Nears / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD turned higher from $1152.50 per ounce early in London on Friday, cutting this week's losses to 0.4% for Dollar investors as Asian stock markets closed sharply lower and government bonds rose.
Eurozone finance leaders denied that Greece has formally asked for emergency aid.
Friday, April 16, 2010
Gold Consolidating in USD and Near Record Highs in EUR and GBP / Commodities / Gold and Silver 2010
By: GoldCore
Gold went as low as $1,150/oz early in New York, it then rose to $1,161/oz before ending with a gain of 0.13%. It has range traded from $1,151/oz to $1,156/oz in Asian and European trading this morning. Gold is currently trading at $1,155/oz and in euro and GBP terms, gold is trading at €853/oz and £748/oz respectively. Gold rallied from below £745 to £749.60 per ounce overnight on UK hung parliament and economic concerns (see gold GBP chart below).
Thursday, April 15, 2010
Gold Slips But "No Bubble" / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD slipped in lock-step with the Euro currency against the Dollar in London trade on Thursday morning, falling together with silver and other commodities despite China reporting its fastest economic growth in more than 3 years.
"More likely consolidation and sideways trading will continue," said one Hong Kong dealer in a note.
Thursday, April 15, 2010
Gold Near Record Sterling Price on UK Hung Parliament and Devaluation Concerns / Commodities / Gold and Silver 2010
By: GoldCore
Yesterday, gold rose to $1,161/oz early in New York, it then dropped to $1,152/oz before recovering to close with a gain of 0.59%. It has dropped from $1,158/oz to $1,152/oz in Asian and European trading today. Gold is currently trading at $1,152/oz and in euro and GBP terms, gold is trading at €850/oz and £748.50/oz respectively. Gold remains near record nominal highs in sterling terms and sterling is down by more than 10% versus gold year to date (see chart).
Wednesday, April 14, 2010
Gold Sizzles as Europe Fiddles / Commodities / Gold and Silver 2010
By: John_Browne
Much to the relief of jittery global markets, Greece's chronic debt problem has been papered over in a burst of European solidarity and apparent magnanimity. But this act of mercy may cost Germany its key position of financial dominance over the European Central Bank (ECB), which, in turn, could be detrimental to the long-term health of the euro. And so even though the euro stiffened once the immediate default fears abated, the price of gold was pushed to a new all-time high in euro terms (and a five-month high in dollar terms). [i]
Wednesday, April 14, 2010
Gold Inflation Perspective / Commodities / Gold and Silver 2010
By: David_Galland
David Galland Casey Research writes:
As the price of gold rises and the inevitable quacking begins again about the “barbaric” metal being overvalued, I thought a quick check-in with the historical perspective might prove useful.
The first of two charts that follow shows the long-term picture of gold from 1970 to the present, correctly adjusted for inflation.
Wednesday, April 14, 2010
Case for Gold "Positive" as Fed Promises "Low Rates for Extended Period" / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
THE PRICE OF GOLD held onto a volatile 1.3% gain vs. the Dollar on Wednesday, rising to $1160 an ounce after Federal Reserve chairman Ben Bernanke vowed in congressional testimony "that very low, extremely low rates will be needed for an extended period."
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Wednesday, April 14, 2010
Palladium Surges 8% in One Day to Test Long Term Resistance; Gold Short Term Correction? / Commodities / Gold and Silver 2010
By: GoldCore
Gold fell to as low as $1,145/oz in New York, it then recovered to close with a loss of just 0.86% yesterday. It has risen from $1,153/oz to $1,160/oz in Asian and early European trading this morning. Gold is currently trading at $1,160/oz and in euro and GBP terms, gold is trading at €850/oz and £753/oz respectively.
Wednesday, April 14, 2010
Gold Bull Market Warming Up, Keep Your Eyes on the Golden Prize / Commodities / Gold and Silver 2010
By: Adam_Brochert
Gold's bull market is starting to get warmed up again. The gains ahead in Gold are going to be greater than what we have seen since the secular bull market began at the turn of the century. Gold will continue to outperform general stocks, real estate, bonds and most if not all commodities.
Tuesday, April 13, 2010
Gold and Silver Bull Market Phase 2, The Tipping Point is Upon Us! / Commodities / Gold and Silver 2010
By: GoldSilver
A "tipping point" in sociological theory is defined as "the level at which the momentum for change becomes unstoppable." An idea or a movement has reached "critical mass."
I believe the global economy has reached that point.
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Tuesday, April 13, 2010
Gold Succumbs to Profit Taking After Breaking Above Resistance / Commodities / Gold and Silver 2010
By: GoldCore
Yesterday, gold jumped to $1,169/oz in Asia before falling in New York, it then recovered to close with a small gain of 0.11%. It range traded from $1,150/oz to $1,157/oz in Asian trading this morning. Gold is currently trading at $1,154/oz and in euro and GBP terms, it is trading at €847/oz and £750/oz respectively. Read full article... Read full article...
Tuesday, April 13, 2010
Gold and Silver Slip as Dollar Benefits from Greek Uncertainty / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE WHOLESALE PRICE of gold and silver bullion both dropped in London on Tuesday, pulling back 2.0% and 3.5% from Monday's early highs as world stock markets fell with crude oil, and the US Dollar rose.
Tuesday, April 13, 2010
Marc Faber on Gold, the Coming Big Bust, hyperinflation, and then Collapse / Commodities / Gold and Silver 2010
By: LewRockwell
Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, warns that when the next crisis hits, 'you'd see people flee from all paper currencies into precious metals'.
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Monday, April 12, 2010
Gold Price Bubble Theorists Remain Silent as Gold Hits Record Highs in Euros and Pounds / Commodities / Gold and Silver 2010
By: Miles_Banner
Last week saw a record high in the gold price in pounds, a record high for the gold price in euros and a four month high in US dollars.
It’s been an extraordinary week for bullion. The gold price rose 2.44 percent against the pound. On Thursday the precious metal rose to an all time record of 757.9 pounds.
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Monday, April 12, 2010
Ride the Gold Bull Market to Glory … / Commodities / Gold and Silver 2010
By: Larry_Edelson
I’ve got some important ground to cover with you today, so let’s get started.
First, no matter what happens in the world today …
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Monday, April 12, 2010
Gold Jumps to New 2010 High on Greece $55bn Bailout / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD for Dollar investors hit its best level since the record spike of 5 months ago on Monday, jumping at the start of Asian trade as the US currency fell hard on the European Union's weekend announcement of a €30 billion loan facility for Greece, with a further €10bn available from the IMF ($55bn all told).
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Monday, April 12, 2010
Gold Rallies to New 2010 High, 27 Year Record High in Yen / Commodities / Gold and Silver 2010
By: GoldCore
Gold jumped to as high as $1,164.38/oz in New York on Friday, and rose 0.69% on the day and 3% on the week. It rallied sharply on the open in Asia (from $1,159/oz to over $1,169/oz) and has since range traded from $1,162/oz to $1,169/oz in Asian and early European trading this morning. Gold is currently trading at $1,164/oz and in euro and GBP terms, at €855/oz and £754/oz respectively.
Monday, April 12, 2010
Speculate In Gold / Commodities / Gold and Silver 2010
By: Howard_Katz
The explosive move in gold which I have been predicting for some months is now under way. He who hesitates is not lost, but he does make smaller profits. You have undoubtedly heard of the death of a thousand cuts. You now face the death (of your profit) by a thousand decisions to do nothing. But first, let us review the art of speculation.