Category: Gold and Silver 2012
The analysis published under this category are as follows.
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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Tuesday, December 11, 2012
Gold Could Rally on "Massive, Open-Ended Stimulus" / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE WHOLESALE gold price rose to $1712 an ounce Tuesday morning in London, a few Dollars above where they started the week, while stocks edged higher and US Treasury bonds fell ahead of tomorrow's Federal Reserve policy decision.
All-but-one of 49 economists polled by news agency Bloomberg predict the Fed will buy US Treasury bonds in addition to the $40 billion per month of mortgage-backed securities purchases announced in September.
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Tuesday, December 11, 2012
Gold is a Leading Indicator of Monetary Distress / Commodities / Gold and Silver 2012
By: Darryl_R_Schoon
No matter what confidence game is being run, confidence is the necessary pre-requisite. This is why confidence indicators are so closely monitored by central bankers. If consumers and businesses lack confidence, they will not partake of the central banker’s credit; a necessary step in the indebting of otherwise willing victims.
Monday, December 10, 2012
Will the Government Confiscate Your Gold? / Commodities / Gold and Silver 2012
By: Money_Morning
Whenever I write about gold, I can be certain of two things.
First and foremost, I know that readership will be exceptionally high. The interest in gold, silver and other precious metals is as intense as I've ever seen.
And, second, I can be sure that, in the days that follow, I'll receive a slew of e-mails, phone calls and letters from folks asking some variation of the same three questions:
Monday, December 10, 2012
Renewed Interest In Gold As A Financial Asset / Commodities / Gold and Silver 2012
By: Peter_Schiff
Valentin Petkantchin writes: You may be among those investors who had the opportunity, but did not seize it, to buy gold cheap in the early 2000s. You may also be willing, but hesitant, to do so at current prices, while still desiring the "anti-crash insurance" it represents.
However, you should be aware that the yellow metal is increasingly valued as a reserve asset, which will tend to push the price up, independently of all other factors. Due to new regulations, you may also have to bid in the future alongside financial institutions, including several banks, to acquire it.
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Monday, December 10, 2012
Gold, and the Value of the U.S. Dollar / Commodities / Gold and Silver 2012
By: Alasdair_Macleod
I very rarely criticise the work of others, but I am going to make an exception in the case of Paul van Eeden, of Cranberry Capital. Mr van Eeden, in an interview with The Gold Report stated that “the value of gold is about $900 per oz. Expectations of monetary inflation are keeping gold prices high.” He states that quantitative easing is not producing the inflation expected. The purpose of this article is to point out some of the fallacies behind his approach, and in this respect, Mr van Eeden is far from alone. And this is where a number of basic errors are committed.
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Monday, December 10, 2012
Gold 'Monetary Collapse Insurance' / Commodities / Gold and Silver 2012
By: Ben_Traynor
Why investors are turning to gold ahead of 2013...
Although the price of gold has fallen over the last couple of months, there has been a marked increase in demand for physical bullion.
The amount of bullion held to back gold exchange-traded funds has risen to record levels. November meantime saw the United States Mint record its best month for sales of gold American Eagle coins since July 2010.
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Monday, December 10, 2012
Gold And Silver - Market Is Always Right, And It Leaves Footprints / Commodities / Gold and Silver 2012
By: Michael_Noonan
One can take comfort in the maxim, “The Market Is Always Right,” [or "Never Wrong"],
in the realization that trading in harmony with it will make the odds of profitable
success much higher than otherwise. Understanding and reading the market’s message
is an art form, for there is nothing mechanical about it. The market is totally
unbiased, and it provides all the information it generates for everyone to see/read,
at the same time. Just because you may not “see” it, does not mean the information
is not there. If it remains hidden, then it remains hidden under the brightest light.
Sunday, December 09, 2012
German Gold Repatriation / Commodities / Gold and Silver 2012
By: MISES
The greatest threat to worldwide prosperity is the collapse of what remains of free-market capitalism. Not depletion of scarce natural resources. Not environmental degradation. Not global warming (or is it "climate change" now?) No, the greatest threat to worldwide prosperity is the complete collapse of what little remains of free-market capitalism. Throughout the world, and not just in totalitarian countries, the state has been advancing at the expense of economic liberty. The indispensible tool that enables the modern state to usurp our liberties is its access to unlimited amounts of fiat money controlled by central banks — i.e., the unholy alliance of the state with the central bank.
Sunday, December 09, 2012
Own Physical Gold Now - While You Still Can! / Commodities / Gold and Silver 2012
By: GoldCore
“Farther from care than danger…”
The title above is a quote from Sir Thomas More’s classic, Utopia, describing a people’s overconfidence in their capacity for navigation given the compass for the first time.
I found the quote used by Stanley Jevons in his 1866 classic of another sort, The Coal Question. Jevons was writing about the physical limits to coal production, and forecasting, with some accuracy, the inevitable consequence of a peak, decline and exhaustion of Britain’s coal reserves.
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Saturday, December 08, 2012
Gold Confiscation Lessons from the 20th Century / Commodities / Gold and Silver 2012
By: Adrian_Ash
Three nasty examples of how people lost the gold they owned...
TODAY'S chatter in the trading rooms says some gold owners fear a punitive US tax hike in New Year 2013, with the Obama government targeting precious-metal investors.
Hence this month's sell-off (or so the tittle-tattle says) – akin to the move by Japanese households to sell gold in late 2011 ahead of new reporting rules for precious-metals dealers.
Saturday, December 08, 2012
Gold and Silver Investments and the Rise of False Contrarian Gurus / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
The typical technical analysis based stock-slinging newsletter is written by a contrarian who denies market manipulation and often ridicules those who attempt to discuss it seriously and rationally.
Furthermore, the degree of denial and hostility faced by proponents of market manipulation theories is usually directly proportional to the amount of evidence actually underpinning the issue.
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Saturday, December 08, 2012
Silver Investment Opportunity Time is Slipping Away / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Everything has been distorted by the media. Humanity may no longer believe that the sun revolves around the earth, but some people still think that they can control nature.
Nevertheless, with all the truly breathtaking science that has resulted in great social progress and technological advancement, the mass distortions in perception caused by propaganda — including illegal, unethical and immoral media intervention — will resolve itself eventually.
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Friday, December 07, 2012
Gold ‘Storm’ - Price Could Rise Sharply Next Week On Fed Say UBS and Nomura / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,697.00, EUR 1,312.55, and GBP 1,058.71 per ounce. Yesterday’s AM fix was USD 1,693.00, EUR 1,295.14, and GBP 1,050.77 per ounce.
Silver is trading at $32.89/oz, €25.54/oz and £20.62/oz. Platinum is trading at $1,599.50/oz, palladium at $684.00/oz and rhodium at $1,045/oz.
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Friday, December 07, 2012
Gold, True Safe Havens Needed as Fed Monetizes Uncle Sam / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
A financial safe haven is generally an instrument that is expected to hold or increase its value in the face of market turbulence. It is used by investors to reduce exposure to declines resulting from downturns in the market or economy. What is considered a safe haven can change depending on market conditions, but a few asset classes typically come to mind. In the current financial landscape, there is a growing need for true safe havens.
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Thursday, December 06, 2012
Why did Central Banks Stop Selling Gold? / Commodities / Gold and Silver 2012
By: Julian_DW_Phillips
In 2009 the signatories of the Central Bank gold Agreement effectively stopped selling gold. This was just after signing the third Central Bank Gold Agreement which lasts until September 26th 2014. Why?
In 1999, the first of such agreements was signed by the U.K. and was called the Washington Agreement. It received the tacit blessing of the U.S.A. and Japan. This was followed by the signing of the Central Bank Gold Agreement, which ran from 27th September 2004 to the 26th September 2009. Ostensibly to accommodate the I.M.F.'s sale of 403 tonnes of gold on their own books, a third Central Bank Gold Agreement was signed to run from the 27th September 2009 to the 26th September 2014. Apart from the up-to 7 tonnes year of gold sales by Germany's central bank for the minting of gold coins, there have been virtually no sales of gold from the original signatories of their gold. In fact the previously announced sales (going back to the turn of the century) have not been fulfilled completely, even now. Once the I.M.F. completed their sales of gold, the absence of the developed world's central banks from the sale side of gold spoke volumes! How?
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