Category: Gold and Silver 2011
The analysis published under this category are as follows.
Tuesday, February 22, 2011
Silver "Disconnected from Gold" / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE PRICE OF GOLD and physical silver whipped sharply in London trade on Tuesday, falling hard only to rally as New Zealand's second-biggest city Christchurch was struck by an earthquake and Libyan dictator Colonel Gaddafi's defiant appearance on state TV led to accusations of "genocide" and "the government killing its people" by his own diplomats in the Unitd States.
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Tuesday, February 22, 2011
Gold Fever in China Sparks Phenomenon Global Demand / Commodities / Gold and Silver 2011
By: Money_Morning
Don Miller writes:
Inflation risk is driving "explosive" buying of physical gold in China, putting the country on a path to becoming the world's number one gold consumer and driving demand for the yellow metal to a 10-year high.
Chinese demand for gold bars and coins reached 180 tons in 2010, up a whopping 70% from 2009, Albert Cheng, the World Gold Council's managing director for the Far East, said at a news conference last Thursday.
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Tuesday, February 22, 2011
Libya Unrest Boosts Crude Oil, Gold and Silver Prices / Commodities / Gold and Silver 2011
By: Bob_Kirtley
As unrest escalated today in Libya the pressure was felt in the oil world with WTI up $2.17 to $97.50, Brent Crude up $2.26 to $108.00. Gold prices gained $17.50 to close in London at $1406.60/oz, with silver prices adding a huge $1.25 to close at $33.91.
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Tuesday, February 22, 2011
Silver Fractal Analysis Suggests May-June Target of $52-$56 / Commodities / Gold and Silver 2011
By: GoldRunner
Dollar Inflation remains the driver of the pricing environment for almost everything denominated in U.S. Dollars as long as the Fed continues to monetize debt. The debt monetization creates Dollar Inflation that results in Dollar Devaluation. As the Fed ramps up the QE II that they have announced will end in June, I expect Gold, Silver, and the PM stocks to aggressively rise.
Monday, February 21, 2011
Silver Buoyed by Growing Industrial Demand / Commodities / Gold and Silver 2011
By: Mike_Stall
Irrespective of the concerns over financial tightening, talks of a gold bubble and economical weakness, gold marked its tenth straight annual gain in 2010. Not only gold, other members of the precious metal group such as silver and platinum were also up last year. At this juncture, last year’s bull run appears to be running out of steam. However, both technicals and fundamentals indicate improved investment options in precious metals, particularly silver, if you have a long-term investment horizon.
Monday, February 21, 2011
Silver Jumps 4.7% as Gold Unwinds New Year's Drop / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE PRICE OF GOLD broke above $1400 per ounce and the silver price jumped above $33.50 in London trade on Monday, extending last week's strong gains on what a growing number of market professionals call "safe haven buying" amid fresh turmoil in the Middle East.
"A particularly ominous sign for the Dollar is that there's been no safe-haven demand for the [US currency]," says Steven Barrow, chief forex strategist at Standard Bank in London.
Monday, February 21, 2011
Gold and Silver Prices Strengthen as the US Dollar Weakens / Commodities / Gold and Silver 2011
By: Bob_Kirtley
We kick off with a quick look at the chart for gold and as we can see both the 50dma and the 200dma are moving up nicely in support of gold prices. The recent correction could have taken gold to have tea with the 200dma, however, strong buying came in and pushed the price through resistance in preparation for the next leg up. The technical indicators, the RSI and the STO, are on the high side suggesting that a breather could be on the cards, but don't count on it, indicators can remain distant from the ‘norm’ for extended periods of time.
Sunday, February 20, 2011
China becomes World's Largest Producer of Gold / Commodities / Gold and Silver 2011
By: Pravda
In 2010, China mined the record amount of gold in the world. The production volume of nonferrous metals in China amounted to 340.88 tons, which is 8.57% higher than a year earlier, and continues to grow. In recent years, China has consistently increased the amount of its gold reserves. Nevertheless, experts believe that China has a long way to go to reach the level of the world leading economies.
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Sunday, February 20, 2011
Silver Bankers May Be Sitting on Huge Derivatives Losses and the Fed May Be Funding Them / Commodities / Gold and Silver 2011
By: Jesse
My question is simple. What are bankers like J.P. Morgan and HSBC doing playing in such size in this market? What is the economic and productive benefit? Perhaps there is a good answer. The taxpaying public certainly deserves to know. The CFTC says they have looked into this, but the detailed results of their findings remain less than forthcoming.
Sunday, February 20, 2011
Gold Uptrend Lacks Enthusiasm / Commodities / Gold and Silver 2011
By: Merv_Burak
Well, it was up, up all week long for gold. However, there seemed not to be any enthusiasm behind the move and trends do not last long without enthusiasm. Maybe it will enter this coming week.
Sunday, February 20, 2011
Gold Rally About to Reverse to the Downside Again / Commodities / Gold and Silver 2011
By: Clive_Maund
Gold and silver have reversed to the upside and advanced substantially exactly as predicted in the last updates posted on 30th January, and now the majority of commentators are raving bullish again, but the internal technical condition of the sector following this rally suggests that it is about to reverse to the downside again, although longer-term the outlook remains strongly bullish.
Sunday, February 20, 2011
Silver Showing Amazing Strength / Commodities / Gold and Silver 2011
By: Clive_Maund
Silver has shown amazing strength in recent weeks, surprising even its staunchest advocates by making light work of recovering the ground lost in the January reaction, and even went as far as to break out to new highs late last week, hugely outperforming gold in the process, which not unnaturally has silver bugs *****-a-hoop. We were looking for a big rally in the last update posted at the end of January and we have not been disappointed.
Saturday, February 19, 2011
Gold and Silver Sell Targets / Commodities / Gold and Silver 2011
By: Ned_W_Schmidt
Below is a picture of a dog. In order to simplify this discussion in such a way those even Silver momentum traders might understand it, we have placed a circle around the approximate location of the dog's brain and a rectangle around the tail. At this point, we should all be together.
Saturday, February 19, 2011
Gold Producers Takeovers Talk / Commodities / Gold and Silver 2011
By: The_Gold_Report
Michael Fowler is a senior mining analyst with Loewen, Ondaatje, McCutcheon in Toronto and he was more than willing to speculate on potential takeovers in this exclusive interview with The Gold Report. "All of these gold producers are going to be active in the mergers and acquisitions (M&A) market. They are going to acquire because there's a huge amount of cash on their balance sheets," he says. Michael also talks about some undervalued names in his coverage universe, including one junior he thinks could climb 210% before year-end.
Saturday, February 19, 2011
GOLD RED ALERT: U.S. Government Plans Confiscation of Gold and Silver This Year / Commodities / Gold and Silver 2011
By: Chris_Kitze
Sherrie writes: I received an email with the words "RED ALERT". I received this from someone heavily involved and an expert in the metals and mining. I highly respect both men involved, as they know and always telling the truth about what is happening in the world of metals.
Friday, February 18, 2011
EGYPT: Placebos, Protests and Gold and Silver Breakouts / Commodities / Gold and Silver 2011
By: Jeb_Handwerger
We are constantly being advised that the Egyptian Military has the situation under control. As the situation develops it is becoming increasingly apparent that there is something wrong with this picture. The military and the media assures us that the morganatic wedding between the Generals and the Masses will proceed as scheduled. As the old song goes, "its time to wind up the masquerade...the piper must be paid." Is Iran sailing through the Suez sending a message of who may be trying to gain power during this chaos?
Friday, February 18, 2011
Gold and Silver Rally is Not Over Yet / Commodities / Gold and Silver 2011
By: Przemyslaw_Radomski
As per the World Gold Council, precious metals demand will stay high this year with growing Indian and Chinese appetite for the yellow metal, but fresh buying in developed markets of jewelry will depend on economic outlook. At this juncture, market news suggests positive momentum for precious metals. Investment and industrial demand are set to witness an upsurge in the upcoming months. Let’s have an outlook on the present status of precious metals market.
Friday, February 18, 2011
Can The Middle East 'Revolutions' Affect The Gold Price? / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
When the Tunisian, then the Egyptian revolutions succeeded we were all surprised. Many believed that at last democracy had won in the Middle East. When the King of Jordan changed his government a feeling of contagion set in. Then we heard of riots in Yemen, Libya, Bahrain, Iran and we now look at the entire Middle East as ripe for contagious revolutions.
Friday, February 18, 2011
Gold Bull Market Big Picture, Time for a Rest / Commodities / Gold and Silver 2011
By: Aden_Forecast
If we had to pinpoint a time during the last 10 years when the gold price broke out into a full on bull market, it was in 2005 when the $500 level was clearly broken. That was a key level at the time and this break out coincided with the launching of gold's ETF, GLD.
It was also clearly a break away from the dollar as gold began jumping up in all currencies. This is when the bull market started heating up and gold never looked back until it surpassed the 1980 record high in 2008.
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Friday, February 18, 2011
Insider Report: U.S. Government Will Confiscate Gold When It Touches $2000 / Commodities / Gold and Silver 2011
By: Mac_Slavo
It’s no secret that the US government is broke, the US dollar is crashing and losing credibility globally, and the IMF, China, France and others have publicly stated their desire to eliminate the dollar as the world’s primary reserve currency. The IMF, for example, recently issued a call to replace the Federal Reserve’s fiat paper, ironically suggesting that it should be replaced with yet another synthetic instrument known as the SDR, or Special Drawing Right.