Category: Gold and Silver 2010
The analysis published under this category are as follows.
Tuesday, July 20, 2010
Is It Time to Buy Gold? / Commodities / Gold and Silver 2010
By: INO
It would appear that the euphoria over gold has quickly diminished and many of gold's greatest proponents, who were calling for gold to go over $2,000 an ounce, appear to be disheartened and shell-shocked by the recent sharp downturn in gold.
Tuesday, July 20, 2010
Gold, Silver & Oil "Stuck for Summer" as Stimulus vs. Austerity Debate Rages / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in wholesale dealing slipped towards new multi-week lows against all major currencies on Tuesday, dropping beneath $1178 an ounce for Dollar investors as European stock markets extended yesterday's fall.
G7 government bonds rose as the US Dollar held steady against the Japanese Yen, and rose to a 3-day high vs. the Euro and a 1-week high vs. the Pound.
Tuesday, July 20, 2010
When This Indicator Says to ‘Buy Gold,’ It’s Never Wrong / Commodities / Gold and Silver 2010
By: Money_Morning
Peter Krauth writes: When I recently predicted that the long-term trends were in place to send gold to $5,000 an ounce, I was stunned by all the attention that my forecast received.
Granted, a move of that magnitude represents a dizzying long-term profit opportunity. But that's just it - it's a long-term profit opportunity.
Read full article... Read full article...
Tuesday, July 20, 2010
Has Gold Had Its Day? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
Again this week, the minutes of the Fed's meeting gave cause for concern as they stated that the risks to the U.S. economy had moved to the downside. While this cannot be read as a forecast of the 'double-dip' recession, it moves it from possible to probable in our eyes. With the U.S. and developed world [excluding Asia] supposedly on the path to recovery, it has been very "L" shaped. It is at that sensitive stage where it needs people to believe that it will get better and become supportive through spending and buying again.
Tuesday, July 20, 2010
Carpe Aurum, Seize the Gold / Commodities / Gold and Silver 2010
By: Toby_Connor
Just like the stock market, gold runs in cycles (all markets do because the humans that trade these markets go through periods of optimism and periods of pessimism).For the purposes of this discussion we will concentrate on the intermediate and daily cycle, after a quick explanation of the two larger degree cycles.
Read full article... Read full article...
Monday, July 19, 2010
72 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000! / Commodities / Gold and Silver 2010
By: Lorimer_Wilson
Believe it or not but I have identified 72 economists, academics, gold analysts and market commentators who have developed sound rationale as to why gold could quite possibly go to a parabolic top of at least $2,500 an ounce to even as much as an unimaginable $15,000 before the bubble finally pops!
Monday, July 19, 2010
Gold "Entrenched in Tight Range" as "Lazy Summer Trading" Wears On / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD ticked lower in London on Monday morning, slipping towards new 8-week lows at $1185 an ounce in what one dealer called "very quiet" trade.
Gold trading in Asia was also "lazy" according to one local dealer, as the US Dollar reversed last week's late gain against the Euro on the FX market and silver dropped 10¢ to $17.80 an ounce.
Monday, July 19, 2010
Silver Approaching Major Bear Market Breakdown, Gold Would Target $970 / Commodities / Gold and Silver 2010
By: Ronald_Rosen
Silver Bullion Is Approaching A Breakdown. A Close Below $17.70 Will Break The 21 Month Uptrend. A [C] Leg Close Below The $8.40 Low Of The [A] Leg Will Complete A Flat Type Correction.
Monday, July 19, 2010
Gold, Crude Oil and SP500 Technical Trading Patterns / Commodities / Gold and Silver 2010
By: Chris_Vermeulen
It was an interesting options expiration week for equities that’s for sure. We saw some very choppy price action with large waves of buying and selling as the bulls and bears fought for control.
Both Gold and Oil closed lower for the week which is not a good sign considering the US Dollar dropped like a rock along with them.
Read full article... Read full article...
Sunday, July 18, 2010
Gold Looking Weak, Fridays Action Kills Hope for a Rally / Commodities / Gold and Silver 2010
By: Merv_Burak
Friday may have killed any hope of a good rally. Gold is looking weak and the price trend has been weakening for quite some time. Are we at the top?
GENERAL COMMENT
Read full article... Read full article...
Sunday, July 18, 2010
Gold Prices Holding Up Well / Commodities / Gold and Silver 2010
By: Bob_Kirtley
Despite Portugal’s sovereign debt being down graded the eurocrats have managed to calm the waters and keep the euro reasonably steady. Austerity is the word for the Europeans, real or imagined, whereas stimulus is the word for the United States. Interestingly the euro is steady but the dollar has lost 6.8% of its value in just over a month as the spot light once again is focused on the fundamentals of the dollar. Throw in a down grade from the Chinese and things don’t look to bright for the US sovereign debt.
Friday, July 16, 2010
Summer Slump Good for Gold / Commodities / Gold and Silver 2010
By: The_Gold_Report
A professional investor with Boy Scout genes in his DNA, Mercenary Geologist Mickey Fulp picks winners in the junior resource sector based on three criteria: share structure, people and projects. In this exclusive Gold Report interview, Mickey touches on how he studies up on such key factors as insider holdings that indicate management's skin in the game and the public float necessary for liquidity. He also suggests that the summer slump—with low volumes and low prices—is a good time for some homework on equities that could double within 12 months.
Friday, July 16, 2010
Is the Gold Trade “Crowded”? / Commodities / Gold and Silver 2010
By: Jeff_Clark
Jeff Clark, Senior Editor, Casey’s Gold & Resource Report writes: It’s true that GLD’s assets just passed the $50 billion mark, and that it’s the second largest U.S. ETF. Yes, mints had difficulty filling orders when the Greek crisis broke. And yes, the gold price is up nine years in a row.
Friday, July 16, 2010
Gold and Silver Slide Together on Weak US CPI Inflation Data / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD fell hard at the start of New York trading on Friday, dropping back to this week's early lows for Dollar buyers – and hitting the lowest price since early May for Euro, Sterling and Aussie buyers – while stock markets sank on weak US data.
Commodity prices slipped, with silver also falling toward Tuesday's low of $17.80 an ounce.
Friday, July 16, 2010
Gold Consolidates in the Summer Doldrums as Dollar Falls Sharply / Commodities / Gold and Silver 2010
By: GoldCore
Gold eked out small gains yesterday as the dollar fell sharply on concerns about the US economic outlook which the poor Google and JP Morgan results did not help. Gold continues to consolidate around the $1,200/oz level and since the start of July gold (in USD terms) remains in a tight range between $1,185 and $1,218/oz where there is a determined seller. Gold is currently trading at $1,206/oz, €930/oz and £785/oz.
Friday, July 16, 2010
Bear Cloud Hanging Over Gold / Commodities / Gold and Silver 2010
By: Seven_Days_Ahead
The 2010 recovery in Gold has so far failed to hold the higher levels above its previous peak made last December. There is a weakness creeping into the chart structures that puts us on the alert for a bear attack.
Thursday, July 15, 2010
Gold Strategy To Turn $10,000 into $2 Million / Commodities / Gold and Silver 2010
By: DailyWealth
Dr. Steve Sjuggerud writes:I came up with a Simple Strategy to tell you when to own gold... and when not to.
It's so simple, you could teach a monkey to follow it.
Best of all, $10,000 invested in this Simple Strategy would have turned into nearly $2 million. Just buying and holding gold over the same time period would have turned $10,000 into just $300,000.
Thursday, July 15, 2010
Gold New All Time Highs in Euros Likely / Commodities / Gold and Silver 2010
By: GoldCore
Gold continues to consolidate above the $1,200/oz level and traded in a range between $1,207/oz and $1,215/oz overnight in Asia. Gold has risen slightly in European trade as the dollar has come under pressure. The poor retail sales have created concerns about the health of the US consumer and the other poor recent data on jobs and trade and budget deficits may see the dollar come under pressure again. Support for gold is at $1,195/oz and resistance is at $1,217.90/oz.
Thursday, July 15, 2010
Why Gold Bullion is Outperforming Mining Stocks / Commodities / Gold and Silver 2010
By: Nick_Barisheff
If the investment choice is between mining stocks and physical bullion, it is essential to remember that these are different asset classes with entirely different risk/reward attributes. Mining stocks and bullion perform quite differently when the global economic environment is in turmoil, as is the case today. Banking crises, trillion-dollar deficits and the accelerating depreciation of many of the world’s major currencies do not create positive conditions for equity markets, which is why investors are fleeing to the safety of physical bullion.
Thursday, July 15, 2010
Gold and Silver Rise vs. Falling U.S. Dollar / Commodities / Gold and Silver 2010
By: Adrian_Ash
Gold & Silver Rise vs. Falling Dollar as Chinese "Take Refuge" in Precious Metals, World Faces "Shortage of Safe Assets"
THE PRICE OF wholesale gold bullion and silver rose against the US Dollar on Thursday, nearing new highs for July at $12.15 and $18.50 an ounce respectively, but slipping in terms of other currencies as government bonds fell and commodities gained.
Read full article... Read full article...