Category: Gold and Silver 2010
The analysis published under this category are as follows.
Wednesday, December 15, 2010
The Gold Sleeper Trend You Need to Know About / Commodities / Gold and Silver 2010
By: Casey_Research
Louis James, Senior Editor, Casey’s International Speculator writes: In the midst of any long-term trend, like the secular bull market for metals we’re in now, there will be trends within the trends. You could think of them as being like eddies, whorls, and side-channels in a great torrent. We see one such developing that could benefit junior gold stock investors in the near- to mid-term.
Wednesday, December 15, 2010
Gold’s Reaction To Central Banks Rising Rates Urges Caution / Commodities / Gold and Silver 2010
By: Jeb_Handwerger
Over the past few weeks I have been warning about a decline is bonds and a rise in interest rates. Bernanke has decided to leave rates unchanged and remains committed to the plan to buy $600 billion dollars of long term debt. Congress and President Obama are working together to extend the Bush tax cuts for two years at a cost of $858 billion. This is on top of the 2009 trillion dollar stimulus and Bush’s Tarp plan. U.S. debt is under pressure and we may be closer to losing our AAA credit rating according to Moody’s. Read full article... Read full article...
Tuesday, December 14, 2010
Silver Monster Move in the Making / Commodities / Gold and Silver 2010
By: Ronald_Rosen
We don’t often see a chart that promises us a monster move. When we finally discover one it usually comes with a number of ifs. This quarterly logarithmic silver chart, although promising us a monster move, is no exception to the rule of ifs. The ifs are clearly outlined. Will the price of silver close over the mid trend line? If the price of silver does close over the mid trend line will it have a 5 wave move as did Major Wave One? Read full article... Read full article...
Tuesday, December 14, 2010
Gold & Silver Not Crowded Trades as J.P.Morgan Materially Cuts Short Silver Position Says Source / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD rose to 1-week highs above $1400 per ounce overnight in Asia on Tuesday, rising as the Dollar fell on the forex market, before slipping back after new data showed much stronger-than-expected US retail sales and factory-gate inflation for November.
Crude oil slipped from $88.70 per barrel, and base metals also dipped.
Tuesday, December 14, 2010
Gold Over $1,400/oz Again, Supported by Inflation and Paper Currency Concerns / Commodities / Gold and Silver 2010
By: GoldCore
Gold has risen in major currencies again today on continuing concerns about the dollar and paper currencies, and growing concerns about the emergence of inflation internationally. Commodity prices remain strong with bellwether copper rising to new record nominal highs and oil continuing to hover near $90 a barrel.
Monday, December 13, 2010
Gold Makes Record Run / Commodities / Gold and Silver 2010
By: OilPrice_Com
INCIDENT: On 7 December, gold hit an all-time high above US$1,425 per ounce (London morning fix), after having risen from under $300 per ounce at the beginning of the millennium and from just over $700 per ounce only a little over two years ago (all figures in current dollars).
SIGNIFICANCE: While the recent spike in the price of gold has already been somewhat redressed, new drivers in the market suggest increasing demand for the precious metal.
Read full article... Read full article...
Monday, December 13, 2010
Gold Prices and Panic / Commodities / Gold and Silver 2010
By: Douglas_French
With gold selling for around $1,400 per ounce, it seems like everyone has jumped on the yellow-metal bandwagon. Resource-investment guru Rick Rule said about gold investing recently, "we're no longer lonely in the gold trade. You couldn't describe this as a contrarian activity, and you couldn't describe this as a low-risk activity."
Monday, December 13, 2010
Gold and Silver Rise on Higher Chinese Inflation / Commodities / Gold and Silver 2010
By: Adrian_Ash
WHOLESALE PHYSICAL GOLD hit a 3-session Dollar high in London on Monday morning, rising together with equity and commodity prices on what one trader called “relief” that Beijing did not hike Chinese interest rates as expected at the weekend.
The Euro also rose to its best level since Thursday vs. the Dollar, capping the gold price in Euros at Friday's finish beneath €33,750 per kilo – its second-highest ever weekly finish.
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Monday, December 13, 2010
MYTH vs MATH Does GOLD Preserve Purchasing Power? / Commodities / Gold and Silver 2010
By: Brian_M_Thiesen
I am not sure how many people believe this to be true but since their is paper and gold I don't see it any other way unless I am a fool (which i have proved to myself many times is possible)Read full article... Read full article...
Sunday, December 12, 2010
Gold Still a Potential Head and Shoulders Pattern Top? / Commodities / Gold and Silver 2010
By: Merv_Burak
Still a potential head and shoulder pattern or not? See the short term analysis below. With all that’s happening in the world one would expect gold to go through the roof. It may still do so, in fact I believe it will, but the question is will it do so NOW or sometime in the future?
Saturday, December 11, 2010
Why Does Gold Fall When the Dollar Rises? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
We are all used to reading that gold rose because the dollar fell or that gold fell, because the dollar rose. The picture conjured up is one of traders racing in to actually buy or sell gold as they watch the exchange rate move. When U.S. Treasury yields rose this week, the dollar strengthened slightly and the gold price dropped. When we watched this happen it seem to happen immediately and precisely and we were led to believe that much more was happening than met the eye. After all if gold moves in the opposite direction to the U.S. dollar, this implies that it is moving not just with but almost riveted to the euro. What's the story behind this?
Saturday, December 11, 2010
High Long Bond Yields Are Good News for Gold Holders / Commodities / Gold and Silver 2010
By: Richard_Daughty
The Financial Times brought up the interesting point that because bond prices are so insanely high (making bond yields so preposterously low), a one-percent change in yields would negatively impact the prices of bonds much more than a one-percent change if bond yields were higher, which I assume means in the normal 3-6% range.
Read full article... Read full article...
Saturday, December 11, 2010
Gold Mania Still Ahead, TSX-V Chart Speaks Volumes / Commodities / Gold and Silver 2010
By: Casey_Research
by Andrey Dashkov, Casey’s International Speculator :
With the gold price hitting nominal highs last month, there is a lot of “mania” and “bubble” ranting going on in the gold community. Should we start selling?
A bull market typically progresses through 3 phases: the Stealth Phase, in which early adopters start buying; the Wall of Worry Phase (or Awareness Phase), when institutions begin buying and every significant fluctuation makes investors worry that the bull market is over; and the Mania Phase when the general public piles on, driving prices beyond reason or sustainability.
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Saturday, December 11, 2010
Gold Current Decline is a Correction, Opportunity to Add to Gold and Silver Investments / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
We picked up the Asian addition of The Wall Street Journal this week and on the back page was an article titled “China reveals Huge Appetite for Gold.” The article states: Gold’s record rally has been attributed to everything from worries about inflation, the dollar and the emergence of exchange-traded funds. One big factor many may have missed: huge buying from China.
We haven't missed it. We have been writing about the rising Chinese demand for gold in many previous updates.
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Friday, December 10, 2010
Something’s Wrong in the Silver Pit, and It’s Much Bigger than J.P. Morgan / Commodities / Gold and Silver 2010
By: Rob_Kirby
When researching the precious metals, often times things are seldom as they appear on the surface. GATA Secretary and Treasurer – Chris Powell – has said that the true picture of a nations’ gold holdings are, “more closely guarded than their nuclear secrets”.
This has been more-or-less proven true based on the Federal Reserve’s reaction to GATA’s 2009 FOIA request for information concerning GOLD SWAPS. The Fed is ON RECORD admitting they’ve done gold swaps – which, by definition, necessarily utilize sovereign American gold stocks.
Read full article... Read full article...
Friday, December 10, 2010
Is a Correction in Gold Coming? / Commodities / Gold and Silver 2010
By: J_W_Jones
In the past few weeks I have made the case that gold might be nearing a correction. I understand that people get defensive regarding gold (no pun intended), but I do not think vulgarities should be expressed towards someone who is pointing out the overbought nature of the daily and weekly charts. It seems any time that I discuss a possible pullback in gold I place a giant target on my back for people to make nasty public comments or send me hateful emails which in some cases I find particularly amusing. To each his own, but something tells me this article will be as well received as an oral reading of the history of the Illuminati at a Christian Christmas celebration.
Friday, December 10, 2010
Gold Chinese and Indian Demand Surge with Economies / Commodities / Gold and Silver 2010
By: Adrian_Ash
PHYSICAL WHOLESALE MARKET prices to buy gold held firm in London on Friday morning, nearing the end of what one London trader called “another roller-coaster week” some 1.7% lower for Dollar and Sterling investors but little changed vs. the single Euro currency.
Friday morning's London Gold Fix, set at $1390 per ounce, was some 2.5% below Tuesday's new all-time record high.
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Friday, December 10, 2010
Euro Gold Consolidates and Targets EUR1,100/oz on Euro Survival Risk / Commodities / Gold and Silver 2010
By: GoldCore
Most currencies fell against gold yesterday and again today as the euro and dollar are under slight pressure this morning. Both gold and silver look set to finish the week slightly lower in dollars and most currencies (except the euro) which is a bearish short term omen. Especially as the end of the year approaches and there could be some year-end book balancing and profit taking. Read full article... Read full article...
Friday, December 10, 2010
Gold and Silver Upate / Commodities / Gold and Silver 2010
By: Bob_Kirtley
Gold prices almost returned to take tea with the 50dma after 2 down days, but today she just wasn’t in the mood and gained a few bucks just to keep us all guessing at where next for gold. The RSI is now mid range, standing at 53.10 today, which bodes well for future higher gold prices. The STO is heading south so short term we may see gold go a tad lower, however, the MACD is no longer dancing on the ceiling, which takes some of the pressure off and leaves some room for gold to go higher.
Thursday, December 09, 2010
Gold Price Capped by Surging Bond Yields / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD bar prices moved sideways vs. the Dollar but recovered against a falling Euro in London trade on Thursday morning, doubling a 0.5% rise in Eurozone stock markets.
“We believe a short-term top is now in place off $1430,” says technical analysis from market-maker Scotia Mocatta, pointing to “key support” at $1353.