Category: Gold and Silver 2014
The analysis published under this category are as follows.
Monday, November 03, 2014
German Precious Metal Dealers Report Huge Run on Silver / Commodities / Gold and Silver 2014
By: Submissions
Goldreporter writes: Precious metal dealers in Germany have literally been run down after the latest slump in gold and silver. Wholesalers already expect deferred deliveries.
The latest plunge in gold and silver late last week has led to a sharp increase in demand by German precious metals investors, which also continued on Saturday. There was a particularly strong demand for silver coins. “On Thursday and Friday people had to draw numbers in order for us to control the run”, reports Andreas Heubach, CEO of Heubach Edelmetalle in Nuremberg. “On both days we sold each around 40,000 silver ounces – incredible”, he said. “Demand is back – and hysteria as well”, he evaluated.
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Monday, November 03, 2014
Gold and Silver Price Bear Market- Phase III... The Strategy / Commodities / Gold and Silver 2014
By: Rambus_Chartology
This is part 1I of an essay by Plunger (Burt Coons). He is an extraordinary market historian and an associate with Rambus Chartology.
Precious Metals Bear Market- Phase III
The Strategy (Part III)
We ended our last essay, entitled "Phase III , Apocalypse Now" http://goldtadise.com/?p=342329
with the question has your market guru been advising you to buy all the way down from the highs of 2011? If so, don't you think its time to reexamine your premise. Well, if you have maybe you are ready to adopt a different strategy so as to survive the final phase III of this precious metals bear market. This final part 3 essay lays out a suggested game plan to both survive the bear and to transition to the next bull market in the PMs. I want to remind all readers that I am not anti gold. In fact, I am a long term hard money advocate who in fact is anti fiat money, however I prefer to lose my opinion over losing my money thus I am not attached to dogma and I strive to be objective while analyzing markets rather than apply my own ideology to fit the market. Part one can be read here: http://goldtadise.com/?p=341672
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Monday, November 03, 2014
Gold Price Crash Through Key Support, Crude Oil in Freefall / Commodities / Gold and Silver 2014
By: Clive_Maund
Gold finally crashed key support at last year's lows on Friday, which was a very bearish development that has opened up the prospect of an immediate severe decline at least to the strong support in the $1,000 area. Such a decline will have grave consequences for the Precious Metals mining industry, whose costs have risen sharply in recent years, and is expected to lead to a massive wave of company failures, as many who have been "hanging on by their fingernails" finally lose the fight and disappear over the cliff. This will eventually lead to an acute gold supply shortage, which will be exacerbated after the dollar's deflation panic "swan song" rally is done, and the dollar is then pushed off its perch as the global reserve currency by the actions of China and Russia (and others) working in concert to bring it down. This will lead to a massive resurgence in gold and silver and to the stocks of mining companies who weather the imminent Great Cull going ballistic.
Monday, November 03, 2014
Silver Price Breaks Long-term Support Likely to Drop Further / Commodities / Gold and Silver 2014
By: Clive_Maund
Silver finally broke down from its long-term uptrend late last week, which was a very bearish development that has opened up the risk of an immediate severe drop. As with gold, silver looks set to enter a cycle of company failure and mine closure leading to an eventual production shortfall, which, coupled with a falling dollar after its current deflation induced "swan song" rally has played out, leads in turn to sharply rising prices and a spectacular rally in the stocks of companies who have managed to survive the imminent Great Cull.
Sunday, November 02, 2014
Silver Eagle Sales Climb 87% Higher in October / Commodities / Gold and Silver 2014
By: Jason_Hamlin
Silver Eagle sales for the month of October were the highest of the year at 5,790,000. This is up 40% versus September and a whopping 87.5% versus October of last year. With 38 million Silver Eagles sold thus far in 2014, the 2013 record of 42.7 million coins may very well be broken.
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Sunday, November 02, 2014
The Reinvention of Alan Greenspan / Commodities / Gold and Silver 2014
By: Michael_J_Kosares
Former chairman calls Fed balance sheet a tinder box, endorses private gold ownership
During the time Alan Greenspan and representative Ron Paul had their famous series of exchanges (some might have labeled them confrontations) during Congressional hearings from 1997 to 2005, the congressman made what turns out to have been a prescient observation. "My questions," he said, "are always on the same subject. If I don't bring up the issue of hard money versus fiat money, Greenspan himself does." I say "prescient observation" because here we are a decade or more later and the "new" post-Fed Greenspan sounds very much like the "old" pre-Fed Greenspan-––the one who consistently advocated gold before he became Fed chairman.
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Saturday, November 01, 2014
Gold And Silver – Elite Supernova Death Dance In PMs? / Commodities / Gold and Silver 2014
By: Michael_Noonan
On several occasions, over as many months, comments have been made here to the effect
that reading developing market activity is the best source for knowing what to expect,
moving forward. Most people have a need to rationalize the markets by coordinating
known events with the current price. Last year, it was how many record coin sales around
the world would impact the market, then the number of tonnes China and Russia were
importing. Lately, the opening of the Shanghai Gold Exchange where true price discovery
could be expected, the ongoing disappearance of reserves held by COMEX and LBMA, etc,
etc, etc., none of which had the market impact for which so many had hoped.
Friday, October 31, 2014
Gold and Silver - Good Morning Fiat Nam / Commodities / Gold and Silver 2014
By: Jesse
It is a mistake to underestimate the depths of self-serving policy error to which Wall Street and the ruling elite will sink in order to kick the can down the road and maintain their positions of privilege. Every time I think they can go no further, I am surprised. Shame on me.
The Fed has never seen a bubble it didn't like. And if the trickle down isn't working, keep doing the same thing, but even more. Tempting fate doesn't begin to cover it.
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Friday, October 31, 2014
Gold Prices in The Post-QE World / Commodities / Gold and Silver 2014
By: Clif_Droke
Lacking a distinctive catalyst, gold prices have languished in recent weeks after a failed turnaround attempt earlier this month. Gold's primary form of price propulsion is fear and uncertainty; as long as investors are worried what the future might hold, gold is treated as a financial safe haven and its price tends to appreciate due to increased demand. When investors aren't worried, however, gold is typically ignored and risk assets (viz. equities) become the preferred choice.
Friday, October 31, 2014
FOMC Hits Gold and Silver / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
Trading in precious metals was quiet until Wednesday morning, when prices began to soften. When the FOMC meeting released its policy statement at 2.00pm EST, gold and silver responded by falling heavily, with gold breaching the $1200 level yesterday (Thursday) and silver crashing through $17 to a low of $16.33.
This morning (Friday) gold and silver fell further in overnight ahead of the London opening, with gold trading down to $1173 and silver at $16.00. It is clear that the bears, including the bullion banks with short books, mounted an attack on the $1180 level, where there were stops to take out.
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Friday, October 31, 2014
More Downside Ahead for Gold and Silver / Commodities / Gold and Silver 2014
By: Jordan_Roy_Byrne
Last week we argued that the underperformance of the gold miners during Gold's rebound was a bad sign. Since then the miners have plunged to new lows while Gold appears to be at the doorstep of a major breakdown below $1180. It shouldn't be a surprise as it would simply be following the miners and Silver. The current bear market is getting very long in the tooth but it is not yet over. We see more losses ahead before a potential lifetime buying opportunity.
Friday, October 31, 2014
China's Gold Strategy / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
China first delegated the management of gold policy to the Peoples Bank by regulations in 1983. This development was central to China's emergence as a free-market economy following the post-Mao reforms in 1979/82. At that time the west was doing its best to suppress gold to enhance confidence in paper currencies, releasing large quantities of bullion for others to buy. This is why the timing is important: it was an opportunity for China, a one-billion population country in the throes of rapid economic modernisation, to diversify growing trade surpluses from the dollar.
Thursday, October 30, 2014
Gold, Silver and Currency Wars / Commodities / Gold and Silver 2014
By: Jesse
"The US must win, since it has infinite ammunition: there is no limit to the dollars the Federal Reserve can create.
What needs to be discussed is the terms of the world’s surrender: the needed changes in nominal exchange rates and domestic policies around the world."
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Thursday, October 30, 2014
Gold Price Declines Once Again As Expected / Commodities / Gold and Silver 2014
By: P_Radomski_CFA
Briefly: In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective.
Gold and mining stocks declined yesterday in a rather profound way. The GDX ETF finally broke below its 2013 lows and the volume that corresponded to this action was high. However, silver almost didn't react - why didn't it? Will we see a rally shortly?
In short, not likely. There was a good reason for silver to hold up strongly at this time. However, before we move to this situation, let's take a look at the "background info" - the changes in the USD Index (charts courtesy of http://stockcharts.com).
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Thursday, October 30, 2014
Fed Ends QE? Greenspan Says Gold “Measurably” “Higher” In 5 Years / Commodities / Gold and Silver 2014
By: GoldCore
As expected, the Fed announced yesterday it would end its six year money printing and bond buying programme.
Given the fragile nature of the U.S. economy, Eurozone economy and indeed the global economy, Fed critics continue to believe that this may be a short term hiatus prior to a resumption of QE, if asset prices start to fall or economic growth falters.
Former Federal Reserve Chairman Alan Greenspan admitted yesterday to the Council on Foreign Relations (CFR), that QE and the Fed’s bond buying program, which aimed to lower unemployment and spur stronger economic growth, fell short of its goals.
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Thursday, October 30, 2014
Understanding Gold's Massive Impact on Fed Maneuvering / Commodities / Gold and Silver 2014
By: Money_Morning
Peter Krauth writes: Just about everyone knows Alan Greenspan. As central bankers go, he may just be the most famous ever. Even today, 1 in 6 Americans still think he's the current chair of the Federal Reserve.
As Fed chief from 1987 until 2006, Greenspan oversaw the latter part of the greatest stock bull in history.
For that, some called him "The Maestro."
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Wednesday, October 29, 2014
Gold's Obituary / Commodities / Gold and Silver 2014
By: David_Petch
This is probably not the type of article anyone who owns precious metal stocks would like to read, but here it is. The analysis presented today illustrates short-term and mid-term outlooks up front, with the Elliott Wave count indicating the longer-term trend expected over the next 5-7 years. I am not really going to provide much information on investment strategies around this analysis, but if one connects the dots, it should reveal a crystal clear picture.
Wednesday, October 29, 2014
Greenspan: Gold Price Will Rise / Commodities / Gold and Silver 2014
By: Axel_Merk
Any doubts about why I own gold as an investment were dispelled last Saturday by the maestro himself: former Fed Chair Alan Greenspan. It's not because Greenspan said he thinks the price of gold will rise - I don't need his investment advice; it's that he shed light on how the Fed works in ways no other former Fed Chair has ever dared to articulate. All investors should pay attention to this. Let me explain.
Wednesday, October 29, 2014
Government Gold-Plating / Commodities / Gold and Silver 2014
By: Steve_H_Hanke
Sen. Tom Coburn (R-OK) released his annual Wastebook this past week. It contains a laundry list of doozies. The U.S. government’s gold-plating operations included $190,000 to study compost digested by worms, $297 million for the purchase of an unused mega blimp, and $1 million on a Virginia bus stop where only 15 people can huddle under a half-baked roof. These questionable (read: absurd) expenditures only represent the tip of the iceberg.
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Tuesday, October 28, 2014
Gold vs Paper - A Tale of Two Cities / Commodities / Gold and Silver 2014
By: DeviantInvestor
This is a work of fiction with a few similarities to the reality we all know and trust, or … the reality that we think we know.
City A in a Paper World:
A financial genius had a plan! He and his offspring implemented the plan over several hundred years.
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