Suddenly, gold and silver are good again. In two short months, they’ve morphed from targets of derision to shiny new toys on the financial playground.
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Tag Archives: gold
WITH SLIP UNDER $1,300/OZ, GOLD TO WATCH CHARTS, SIGNS OF PHYSICAL DEMAND
Gold prices are $100 off their price peak from two weeks ago, and gold-market analysts said they’re going to watch technical charts to see how the yellow metal behaves next week and whether or not the slip in prices spurs physical demand.
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A GOLDEN OPPORTUNITY COMING IN SILVER
Silver has been in a bear market for almost three years and the recent lack of strength suggests the metal could be headed for new lows. New lows are always bearish until the last one. Our technical work suggests that we should watch for a final low and end to the bear market in the coming months.
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GOLD SILVER: TESTING CRITICAL SUPPORT LEVELS
Gold and silver are testing key technical support levels this week. Some analysts have already flipped their outlook to bearish over the past few days, but I believe the uptrend remains intact as long as current support levels are not breached.
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GOLD PRICE VOLATILITY & INVESTING WITH A REASONABLE DEGREE OF CONFIDENCE
1) There are very few price areas where risk capital can be invested in gold, with a reasonable degree of confidence that a “significant low point” will be established there.
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Top 10 nations stockpiling gold
Discussions involving gold hoarders tend to generate images of the stereotypical nervous Nellie hiding out somewhere in the wilderness. Uncivilized and irrational, they count their so-called barbaric stacks of gold, which are located next to a lifetime supply of canned goods. While this portrayal may be amusing, the biggest hoarders of gold are some of the most advanced nations in the world.
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WHY GOLD FELL, AND WHERE SUPPORT IS
Gold has had a fast pullback off of its highs the past few days. It is a pullback that has taken me by surprise and it is not fun to see a shift in your account to the downside in a market come so fast, but gold is a very volatile market and prone to quick pullbacks and giant surges too.
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WILL RENEWED INDIAN DEMAND DRIVE GOLD PRICES MUCH HIGHER? REVISED –DRAMATIC DIFFERENCE!
Since last August, the Indian government placed a stranglehold on gold imports into the country by requiring that 20% of all gold imported be exported as jewellery. This forced the amount of gold imported to drop to 30% of former levels until October of last year.
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SELLERS EXHAUSTED, INVENTORIES LOW, PHYSICAL DEMAND IS RISING
Charles Oliver joined Sprott Asset Management LP in January 2008. He focuses on gold and silver investments as a portfolio manager for the Sprott Gold & Precious Minerals Fund and the Silver Equities Class.
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Ukraine crisis: 5 financial, economic effects
It’s time for pictures of brokers with their hands on their faces as Wall Street reacts to fast-moving events in the Ukraine. The five big financial and economic impacts of the crisis:
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