Category: Gold and Silver 2012
The analysis published under this category are as follows.
Tuesday, July 17, 2012
Authorities Give Gold Price Another Leg Up / Commodities / Gold and Silver 2012
By: William_Bancroft
We have written in these pages before about the financial authorities giving gold a helping hand, sometimes with their short sited policy actions. Freezing Iran out of the payments system so she settles exchange in other forms with her trading partners, and allowing gold to move back to the heart of the banking system, are two good examples.
Tuesday, July 17, 2012
Pitfalls of Silver Price Technical Analysis / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Technical analysis of the financial and commodity markets has been used effectively by traders to analyze price movements of commodities and stocks for hundreds of years. Despite being one of the most effective methods for forecasting future price movements, technical analysis can break down and give conflicting signals when certain events occur.
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Monday, July 16, 2012
Gold Market Nervous and Thin Ahead of Bernanke Testimony / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE DOLLAR cost of buying gold fell to $1583 an ounce during Monday morning's London trading, in line with where last week's range, while European stock markets also edged lower and US Treasury bonds gained, with markets focused on Federal Reserve chairman Ben Bernanke's testimony before Congress tomorrow.
Prices to buy silver fell to $27.11 per ounce – nearly 1% off last week's close – as other industrial commodities also ticked lower.
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Monday, July 16, 2012
Gold Swap Dealers Go Net Long For Only Third Time / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1584.00, EUR 1300.17 and GBP 1020.68 per ounce.
Friday’s AM fix was USD 1579.00, EUR 1294.05 and GBP 1022.34 per ounce.
Gold rose by $16.30 or 1.2% in New York on Friday to end the week 0.8% higher at $1,588/oz.
Silver rose 8 cents to close at $27.25/oz – a gain of 0.52% on the week.
Monday, July 16, 2012
How to Buy Gold in Today's Troubled World / Commodities / Gold and Silver 2012
By: Money_Morning
Larry D. Spears writes:
Gold turned in a fairly tarnished performance during the second quarter, falling $80 an ounce, or 4.76%, during the April-June period.
Even still, most precious metals analysts see strong potential for gold prices in the second half of 2012 given the continued sluggishness in the global economy and increasing uncertainty about the Eurozone debt crisis.
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Monday, July 16, 2012
Managed money positions hint at bullish turns for gold and silver / Commodities / Gold and Silver 2012
By: Alasdair_Macleod
I have recently written about the breakdown of disaggregated data from the futures markets into producers and swap dealers for gold and silver futures, as reported in the Commitment of Traders reports issued by the US government’s Commodity Futures Trading Commission (CFTC). There is a further category of trader to consider, and that is Managed Money.
Sunday, July 15, 2012
Gold Under the Gun / Commodities / Gold and Silver 2012
By: Joseph_Russo
No matter how hard global central bankers try to inflate away the intractable debt-bomb that continues to explode in slow motion, they just cannot seem to make any headway.
The folly of QE-1 and QE-2 have done nothing but exacerbate the contrived bubble in monopoly bonds, which is the only fuel known to financial alchemists that enables a fraudulent debt-based Wall Street-Washington-Centric and global economy to function.
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Friday, July 13, 2012
Does Central Bank Gold Buying Signal the Top Is Near? / Commodities / Gold and Silver 2012
By: Jeff_Clark
Jeff Clark, Casey Research writes:
Doug Casey told me in January, "The only thing that scares me is that central banks are buying a lot of gold; they're historically contrary indicators." When it comes to buying gold, central banks have such a poor timing record that they're frequently joked about as a contrary indicator.
Friday, July 13, 2012
The Next Major Move in Gold and Silver Is Close / Commodities / Gold and Silver 2012
By: Chris_Vermeulen
After making new highs about a year ago we have seen Silver and Gold consolidate for roughly the last twelve months. Technically, it would typically be a bullish scenario with gold from the stand point that the last 12 months’ price action was a sideways consolidation in a bullish pennant formation. However over the last year we have witnessed a series of lower highs and increasingly tested supports levels around $150 on GLD which raises caution.
Friday, July 13, 2012
'Peak Gold' - Gold Production Collapse Continues In South Africa / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1579.00, EUR 1294.05 and GBP 1022.34 per ounce.
Yesterday’s AM fix was USD 1565.50, EUR 1281.10 and GBP 1011.96 per ounce.
Gold fell by 0.3% in New York yesterday and closed down $4.90 to $1,571.70/oz. After a sharp drop and equally sharp bounce higher, silver rose 0.3% or 8 cents to close at $27.17/oz
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Friday, July 13, 2012
Gold Stocks Failing To Sparkle / Commodities / Gold and Silver 2012
By: Bob_Kirtley
For the last ten months or so we have watched the precious metals mining sector try in vain to put in a decent rally only to run out of steam and disappoint some of its most ardent supporters, including us.Read full article... Read full article...
Friday, July 13, 2012
What the GLD ETF Chart tells us about GOLD / Commodities / Gold and Silver 2012
By: David_Banister
Gold had remained in a rough 1550-1640 range for several weeks now. Tonight, we look at the GLD ETF, which represents the Gold spot price movements. Over the past 5 months we can see in the chart below the clear downtrend lines.Read full article... Read full article...
Thursday, July 12, 2012
Today Is Best Day to Buy Gold / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1565.50, EUR 1281.10 and GBP 1011.96 per ounce.
Yesterday’s AM fix was USD 1576.50, EUR 1284 and GBP 1012.91 per ounce.
Gold gradually ticked lower in Asian trading and has seen further slight weakness in European trading. Still robust physical demand is supporting gold at these levels and strong support is at the $1,500/oz level.
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Thursday, July 12, 2012
Gold and Silver Fall on Fed Minutes Disappointment / Commodities / Gold and Silver 2012
By: Adrian_Ash
The WHOLESALE BULLION gold price continued to weaken Thursday morning in London, dropping to new 2-week lows beneath $1565 per ounce on what analysts called "disappointment" over the latest monetary policy minutes from the US Federal Reserve.
Asian and European stock markets fell hard, while wheat and corn prices again bucked a further drop in the commodities market.
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Thursday, July 12, 2012
Gold Cycles Will Soon Forecast Where Prices Are Headed / Commodities / Gold and Silver 2012
By: Chris_Vermeulen
Gold and stock market forecaster have been using cycles in price that repeat every certain amount of trading days to help them spot key reversal areas in the financial market. Almost everything in life seems to go in cycles and commodity prices and the stock market are no different.
As we all know the market is very difficult to forecast when using only one set of analysis like cycles. Analyzing price action, volume, market sentiment, market breadth, trends and inter-market analysis are the other key areas which one must understand before they can be in the zone (ZEN) with the financial market and properly forecast future prices.
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Thursday, July 12, 2012
Many Unscary Reasons to Add Gold / Commodities / Gold and Silver 2012
By: Adrian_Ash
Never mind inflation or credit default. There are plenty of less scary reasons to consider gold investing too...
GOLD IS OF COURSE for kooks and weirdos only – those doom-mongers who, bothering to read history, think printing money risks massive inflation, and who also fear banking and even government default today. Can you imagine!
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Thursday, July 12, 2012
Is Gold Stuck in BIZARRO Land? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
In the Seinfeld episode titled “The Bizarro Jerry,” Elaine meets a group of people who are complete opposites of Jerry, George, Kramer and Newman. The group takes pride in helping each other in their daily lives and hangs out at a “Bizarro Coffee Shop” named Reggie’s. When describing Elaine’s newfound friends, Jerry says, “Yeah, like Bizarro Superman-Superman’s exact opposite, who lives in the backwards Bizarro world. Up is down; down is up. He says ‘Hello’ when he leaves, ‘Goodbye’ when he arrives.” The show provides a rather striking similarity to today’s Bizarro financial market.
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Wednesday, July 11, 2012
Gold Price Technical Analysis, Continues to Target $1100 / Commodities / Gold and Silver 2012
By: Brian_Bloom
A critically important question that needs to be addressed is whether the gold price has been consolidating within a Primary Bull trend or whether the gold price is entering a Primary Bear trend. It is argued below that whilst the retracement has represented a secondary reaction within a Primary Bull market, this reaction is not yet over and – on a balance of probabilities – it seems likely to continue to head south until the gold price reaches $1100.
Tuesday, July 10, 2012
Loose Monetary Policy "Will Mean Strong Demand" for Gold / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE prices for gold bullion climbed to $1597 an ounce during Tuesday morning's trading in London – their highest level so far this week – while stock markets also ticked higher following news that Spain should receive some financial assistance for its banks later this month.
Silver bullion also gained, climbing as high as $27.61 per ounce, while other commodities were broadly flat.
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Tuesday, July 10, 2012
Gold's Secular Bull Market - Past, Present & Future / Commodities / Gold and Silver 2012
By: Michael_J_Kosares
A secular bull market, according to Investopedia, is one "driven by forces that could be in place for many years, causing the price of a particular investment or asset class to rise or fall over a long period of time. In a secular bull market, strong investor sentiment drives prices higher, as there are more net buyers than sellers. . . Secular markets are typically driven by large-scale national and worldwide events, which occur in combination. For example, wars, demographic/population shifts and governmental/political policies are all events that could drive secular markets. A secular bull market will have bear market periods within it, but it will not reverse the overlying trend of upward asset values. For example, most economists agree that U.S. equities were in a secular bull market from about 1980 to 2000, even though the stock market crash of 1987 occurred within the same time period."