Category: Gold and Silver 2012
The analysis published under this category are as follows.
Monday, December 17, 2012
Gold Weak Despite Japan to Print and Spend to Infinity / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE WHOLESALE gold bullion price rose to $1693 per ounce during Monday morning's London trading, but remained slightly below where it ended last week following falls in Asia, where the Yen opened sharply lower against the Dollar before recovering some ground following the result of Japan's general election.
"Gold is continuing to trade below the psychologically important threshold of $1700," says a note from Commerzbank.
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Monday, December 17, 2012
Gold And Silver – Footprints Are One Thing, Bootprints Are Another / Commodities / Gold and Silver 2012
By: Michael_Noonan
Around 7 p.m., [CST], on Thursday, [lucky] 13 December, when there is normally
very little activity in precious metals, a series of High Frequency Trades mysteriously
came to life and pummeled the silver market, hard. What makes this ever more
suspicious is that this activity was on the heels of a breakout characterized by
strong supportive volume and a high-end range close.
Monday, December 17, 2012
Gold Vs Gold Stocks ($HUI) Who is Leading Who? / Commodities / Gold and Silver 2012
By: WavePatternTraders
The Gold stocks have failed to deliver on my expectations of a move higher and it has caused me to re-think the direction of the yellow metal.
The past few weeks I have suspected that Gold stocks and Gold was a corrective pullback but should have been a shallow pullback, relative to the ideas I was expecting. With the breakdown in the $HUI, it strongly suggests Gold and the Gold stocks could be in some trouble.
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Saturday, December 15, 2012
Short-Free Price" For Silver is $101.35 / Commodities / Gold and Silver 2012
By: Submissions
Afcarl submits:
Saturday, December 15, 2012
Warning For Gold From Inflation, U.S. Dollar, And Mining Stocks! / Commodities / Gold and Silver 2012
By: Sy_Harding
Historically gold has been seen as a safe haven in times of rising inflation. No surprise then that it’s been in a long and impressive bull market since 2002, when a string of significant events began that were expected to create a substantial surge in inflation.The 2001 recession resulted in significant monetary easing by the Fed in an effort to re-stimulate the economy. The 9/11/01 terrorist attacks resulted in dramatic increases in government spending on Homeland Security and the subsequent invasions of Afghanistan and Iraq.
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Saturday, December 15, 2012
Harvesting Profits From Weak Hands in the Silver Market / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
In financial market jargon, those investors described as having “weak hands” typically means that they cannot hold onto a position they have established for very long if it goes against them substantially.
This term is often used to contrast such investors to those with “deep pockets” who can instead afford to take deeper drawdowns in their portfolio before they feel the need to exit their positions.
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Saturday, December 15, 2012
Gold and Silver: Of Cartels, Algorithms and Artificial Price Manipulation / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Those who follow the day to day developments in the gold and silver markets have typically seen rampant market manipulation by large traders and bullion banks.
Although supposedly against the rules — and even being subjected to an ongoing investigation by the CFTC that now reaches into its fifth year — this market bullying is nevertheless allowed to happen over and over again without effective regulatory intervention.
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Friday, December 14, 2012
Silver’s Strong Upleg / Commodities / Gold and Silver 2012
By: Zeal_LLC
Although you wouldn’t know it from listening to all the bearish commentary out there, silver is actually enjoying a strong young upleg. Its technicals are very bullish, contradicting the prevailing pessimism gripping traders. This glaring disconnect between price action and sentiment won’t last forever. It has hammered silver stocks to depressed levels that offer a smorgasbord of opportunity for brave contrarians.
Friday, December 14, 2012
Euro Flag, Reversal Candlestick in Stocks and Gold / Commodities / Gold and Silver 2012
By: P_Radomski_CFA
Yesterday we saw substantial declines in the whole precious metals sector (the only important exception was palladium that actually managed to close higher after a huge price drop earlier during the day) even though the Fed announced Wednesday that it would continue its monthly purchases of $85 billion in Treasury bonds and mortgage-backed securities. This makes it probable that the Fed announcement was already priced into the market, hence the lack of its reaction.
Friday, December 14, 2012
Market's Fed Reaction "Could Be Worrying Sign for Gold" / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold prices looked to be headed for a third weekly loss in a row Friday lunchtime in London, after failing to break above $1700 an ounce, while stocks and US Treasuries were little changed on the day, with no signs of progress from Washington on the so-called fiscal cliff.
Silver was also headed for a third losing week in a row, trading around $32.60 an ounce for most of this morning, as other commodity prices gained slightly.
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Friday, December 14, 2012
Queen Asks Bank of England ‘Why Did Nobody Notice?’ / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,696.50, EUR 1,297.32 and GBP 1,051.38 per ounce. Yesterday’s AM fix was USD 1,694.75, EUR 1,299.16 and GBP 1,051.46 per ounce.
Silver is trading at $32.58/oz, €24.99/oz and £20.29/oz. Platinum is trading at $1,621.50/oz, palladium at $697.00/oz and rhodium at $1,060/oz.
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Friday, December 14, 2012
Gold $XAU Death Cross / Commodities / Gold and Silver 2012
By: Brian_Bloom
Summary and conclusion
The behaviour of the gold share index may be an early warning sign that Quantitative Easing is about to take a back seat and be replaced by an emphasis on balancing the US budget. Should this turn out to be the case it will place a lid on “growth” of the US economy and will shift the focus of the authorities towards the desire to maintain the economy’s equilibrium. This will allow for a slow (multi year) deflation of the debt bubble but will be hostile to the mainstream investment world. Wealth Creation activities will offer (high business risk) investment opportunities.
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Friday, December 14, 2012
Gold Investor Profit and Protection Despite Banking Cartel Intervention / Commodities / Gold and Silver 2012
By: DeepCaster_LLC
“Western central banks conceal their gold loans and swaps because information about them is ‘highly market-sensitive and accountability about them would hinder secret currency market interventions by central banks, according to a confidential report by the International Monetary Fund obtained this week by GATA. …
“This is, the explicit but secret policy of Western central banking toward gold is to deceive and manipulate markets, as GATA long has complained. …
“…they considered that the Special Data Dissemination Standard reserves template should not require the separate disclosure of such information but should instead treat all monetary gold assets, including gold on loan or subject to swap agreements, as a single data item.”
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Thursday, December 13, 2012
Gold Bullion Christmas Dinner / Commodities / Gold and Silver 2012
By: Jan_Skoyles
Aside from the presents, getting the biggest Turkey in the shop, making sure the house is warm and festive and the compulsory family argument the other tradition at Christmas is the vast expense it costs us all.
Christmas has always been expensive but over the past few years it seems to have really crept up. Whilst factors such as weather conditions are frequently blamed on meat and vegetable price hikes our research shows that when the Christmas dinner is priced in gold oz or gold grams, rather than British pounds or dollars, prices haven’t crept up anywhere near as much, and in some cases are going down in price.
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Thursday, December 13, 2012
Gold & Silver Fall Hard from 2-Week High as New Fed Easing Spooks Traders / Commodities / Gold and Silver 2012
By: Adrian_Ash
GOLD and silver fell hard overnight and early Thursday in London, dropping as European stock markets also fell and the US Dollar rose despite yesterday's latest "easy money" policy from the Federal Reserve.
Holding its key interest rate in the record low range of 0% to 0.25% for the 48th month running, the Fed's open market committee swapped its guidance for any rise in interest rates from mid-2015 to a target unemployment rate of 6.5% or below.
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Thursday, December 13, 2012
Gold Falls Despite Fed’s QE4 - ZIRP Now Tied To Unemployment / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,694.75, EUR 1,299.16 and GBP 1,051.46 per ounce.
Yesterday’s AM fix was USD 1,712.50, EUR 1,315.59 and GBP 1,061.69 per ounce.
Silver is trading at $32.81/oz, €25.22/oz and £20.42/oz. Platinum is trading at $1,619.00/oz, palladium at $678.00/oz and rhodium at $1,060/oz.
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Thursday, December 13, 2012
Gold – A Look Back, And A Look Forward / Commodities / Gold and Silver 2012
By: Peter_Degraaf
“History does not repeat itself, but it often rhymes”, as Mark Twain noted.
Featured is the five year weekly gold chart. The green boxes highlight pullbacks from overbought conditions. The blue boxes show the testing of a breakout from below the 50 week moving average. The green arrows point to the expected upward direction upon the completion of this test.
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Wednesday, December 12, 2012
What Happens to Gold If the U.S. Dollar Does Not Collapse? / Commodities / Gold and Silver 2012
By: P_Radomski_CFA
We follow up on our essay on gold and the dollar collapse from December 4, 2012. In that essay, we speculated what could happen with gold if the U.S. defaulted on its debt in real terms. Today, we describe possible scenarios in the opposite case where the greenback is not destroyed in spite of excessive debt.
The “imminent” collapse of the dollar has been spoken of years now. Since 2008 this talk has been fueled largely by consecutive rounds of quantitative easing (QE). With QEs at $2.25 trillion and counting, the number of borrowed dollars is hitting new highs and it’s no wonder that the ability of the U.S. to sustain such programs in the future is being questioned.
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Wednesday, December 12, 2012
Iran As Currency Wars Escalate Obama To Approve Gold Sanctions / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,712.50, EUR 1,315.59 and GBP 1,061.69 per ounce.
Yesterday’s AM fix was USD 1,709.75, EUR 1,318.23 and GBP 1,063.41 per ounce.
Silver is trading at $33.14/oz, €25.54/oz and £20.51/oz. Platinum is trading at $1,643.00/oz, palladium at $693.00/oz and rhodium at $1,070/oz.
Tuesday, December 11, 2012
Why Silver May Soon Be Heading for $40 / Commodities / Gold and Silver 2012
By: InvestmentContrarian
George Leong writes: Silver continues to hold strong on the charts, with a possible upcoming move at the tough $35.00 resistance level and potential retest of the $40.00 level. The aggressive upward move has largely been driven by the move in gold, along with speculative trading.
Buying in the white metal is generally in line with global economic growth, which drives the demand for industrial goods that use silver as a raw material, while it also pushes up income levels and the global demand for silver and gold jewelry.
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