RSSCategory: Articles: Gold Silver Prices

Gold And Silver Price Outperform General Equities For First Time Since 2011

Gold And Silver Price Outperform General Equities For First Time Since 2011

What should investors in the precious metals market do next after Obama’s win?  The way we see it is to wait for any initial reaction of pessimism to subside.  Precious metal devotees are a special breed that still must operate within basic rules of the game.  What is the market signaling to us? Immediately after Obama’s victory, there has been a selloff in the general market.  Note carefully that gold and silver has held up well despite a significant decline in the Dow Jones Industrial Average and S&P 500.  The market will do whatever it can to confuse, misdirect and obfuscate.  The recent decline in the S&P500 not only was […]

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Gold Price Outlook Mostly Bullish – November 2012

In the past few days an increased number of commentaries appeared about the outlook of the gold price. Interestingly they differ in their subtlety and long term vision. What follows is an overview of the most important points of view, which we’ve selected to show the divergence. As we don’t want to come across as biased, we include both bearish and bullish outlooks. We believe that the bullish ones are fundamentally better argued. They are closer to the long term vision of Gold Silver Worlds. Citigroup believes that the commodities supercycle is over as China’s economy shifts to slower growth and supplies increase. Although they don’t specify their gold outlook, our […]

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Importers of Gold Digesting Higher Prices with Sentiment Driven by Fiscal Cliff

Spot market gold prices hovered just below $1738 an ounce Monday morning in London, close to three-week highs, while stocks and commodities were broadly flat and the Euro traded near two-month lows against the Dollar, as the US and Greece both contemplated upcoming fiscal difficulties. Silver prices traded around $32.70 an ounce, also near three-week highs. Bullion importers in India, meantime, which sees the celebration of Diwali tomorrow, slowed their purchases of gold Friday as the Rupee weakened and gold prices rose, newswire Reuters reports. “Jewelry makers may have to wait before they come back to buy again,” says one physical bullion dealer in Hong Kong. “People are digesting the rebound in prices.” “Worries about the […]

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Gold Cycles: Bulllish Gold Price Outlook

| November 10, 2012 | Articles: Gold Silver Prices
Gold Cycles: Bulllish Gold Price Outlook

This is an exclusive excerpt from The Financial Tap, who offers a FREE 15-day trial with complete access to the entire site. Gold is off to a flying start in this new Daily Cycle and it’s exactly what we expected and hoped for.  If this is the first Daily Cycle, then we should see a consistent and grinding move higher from this point forward.  The first Cycle has a habit of relentlessly grinding higher, much to the chagrin of investors who continue to wait for a pullback to buy into this new rally.  Investors who missed the ICL will often look at the final ICL price compared to the quick $50 rally of a new […]

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Gold Price In Uptrend And Prepares For Next Phase

Gold Price In Uptrend And Prepares For Next Phase

In September gold rose above its 200-day moving average so it moved officially in an uptrend. It did so after eleven  months of sideways consolidation, moving in a fixed range. Today, the trend is still intact. The key question is if this is the next phase of the gold bull market? Is gold back? Hard Assets Alliance think this is just the beginning for gold and silver. We may see some consolidation or even a pullback due to potential seasonal weakness, or some “price fatigue” after such a big advance, but our bullishness has little to do with seasonality or short-term price surges. Here’s what supports our outlook: Source: Hoisington Investment Management Company This […]

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$100 Silver! Yes, But When?

$100 Silver! Yes, But When?

There are many predictions for the price of silver. Some say it will crash to nearly $20, and others proclaim $100 by the end of 2012. The problem is that some predictions are only wishful thinking, others are obvious disinformation designed to scare investors away from silver, and many are not grounded in hard data and clear analysis. Other analysis is excellent, but both the process and analysis are difficult to understand. Is there an objective and rational method to project a future silver price that will make sense to most people? Yes, there is! I am not predicting a future price of silver or the date that silver will trade […]

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Corrections In Gold And Silver Could Provide Buying Opportunity Before Election

Corrections In Gold And Silver Could Provide Buying Opportunity Before Election

This article is written by our partner GoldStockTrades who offers a premium newsletter for more in-depth precious metals analysis and gold stock tips. We are experiencing a pullback in precious metals and mining stocks as investors react momentarily to a purported better than expected jobs report.  It is reported that the unemployment rate increased despite adding 171,000 new jobs. The numbers look abysmal.  However, the media reports that the economy is picking up and no more QE will be needed.  Hence, precious metals are hammered.  We have seen this before where investors are shaken out during corrections while the long term gold and silver players add more on pullbacks. Now […]

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$4,000 Gold! Yes, But When?

$4,000 Gold! Yes, But When?

There are hundreds of predictions for the price of gold. Some say it will crash to nearly $1,000, and others proclaim $3,000 by the end of 2012. The problem is that some predictions are only wishful thinking, others are obvious disinformation designed to scare investors away from gold, and many are not grounded in hard data and clear analysis. Other analysis is excellent, but both the process and analysis are difficult to understand. Is there an objective and rational method to project a future gold price that will make sense to most people? Yes, there is! I am not predicting a future price of gold or the date that gold will […]

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Cycle Counts – Gold

Cycle Counts – Gold

Now you know why I was “50-50” as per last weekend’s report; I was just never comfortable with that (Oct 24th – $1,698) Low holding up as an Investor Cycle Low.  There was just a lot of evidence out of my Cycle Analyzer that was telling me to be very cautious, that the retracement to date was just not deep enough.  So in reality what we have playing out here is essentially what I have been calling for since mid-October.  Some 5 weeks ago when the decline began, I pointed out that a move back below $1,680 would be a normal retracement and what to expect. We witnessed a trend-line break […]

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Gold & Silver Rise as China’s Long-Term Demand Forecast to Keep Growing

Wholesale prices to buy gold rose to 7-session highs in London on Thursday morning, touching $1726 per ounce even as new data showed US employment rising at its fastest pace since February. The private-sector ADP payrolls report said the US added 158,000 jobs in October. Earlier data from the manufacturing sector in China, the world’s #2 gold consumer, showed its slowdown to be easing. However, “Over 17% of survey respondents reported a fall in the volume of new export orders,” said the new Purchasing Managing Index report from HSBC/Markit Economics, “and just under 10% noted an increase.” Two-thirds of Chinese businesses reporting quarterly results to the stock market have seen a […]

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Silver Price Update – October 2012

Silver Price Update – October 2012

The silver price has been holding strong above $ 32 per ounce over the past  couple of weeks. The metal closed the month of October at the London Fix at $ 32.28, € 20.03, £ 24.28.  Where does the price of silver stand currently? The charts show a couple of interesting things. First, on the weekly chart we see the 50 day moving average about to cross the 200 day moving average. In technical terms it’s an important bullish event, called a golden cross over. Moreover, since the big smash of May 2nd 2011, the silver price has been standing very strong the past couple of weeks  compared to the previous […]

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Big Jump in London Gold Trading

Big Jump in London Gold Trading

Gold trading in London – heart of the world’s wholesale bullion market – leapt in September. How come? “The continued economic uncertainty in the Eurozone and US, the end of the holiday period and the start of the Indian festival season boosted clearing turnover,” says trade body the London Bullion Market Association, releasing the new data to members on Thursday. But matched by a sharp rise in the size of gold-backed trust funds traded on the stock market (ETFs), these latest figures really suggest strong interest from hedge funds, investment banks and other institutions around the US Federal Reserve’s announcement of QE3, we believe. Why QE3 as the catalyst? Because […]

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Could The Ongoing Financial Crime Affect The Gold Price?

Hera Research released an extremely interesting paper. The research company focuses on relationships between macroeconomics, government, banking, and financial markets in order to identify and analyze investment opportunities with extraordinary upside potential. In their paper, Hera analyzes the potential triggers of a collapse in the US dollar, which in turn would trigger a hyperinflation. The research company clearly expects we are approaching such an epic event, quoting Austrian economist Ludwig von Mises: “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later […]

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Gold Prices Rally After US GDP, But Still Record Third Straight Weekly Loss

Gold Prices hovered above $1700 per ounce throughout Friday morning in London, after yesterday’s rally reversed overnight, while European stock markets traded lower this morning following losses in Asia, ahead of the release of US GDP data later today. “The trend remains bearish so long as gold trades below $1723,” says the latest note from Scotiabank technical analyst Russell Browne. “People are still looking a bit at the downside rather than the upside for the time being, waiting for it to break $1700,” adds Ronald Leung, director at Lee Cheong Gold Dealers in Hong Kong. Silver Prices traded just above $31.70 per ounce for most of the morning, 1.2% down […]

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