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Gold & metals
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hello123
Senior |
01-Jan-2013 22:17
Yells: " google ' sgx swinger ' - for how stock operators work " |
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I think GLD mayhit 164.4/.5 before reacting down for more detail illustration , pse see my GLD chart   . TQ. disclaimer applies. |
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bsiong
Supreme |
01-Jan-2013 08:59
Yells: "The Greatest Wealth is Health" |
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bsiong
Supreme |
01-Jan-2013 08:58
Yells: "The Greatest Wealth is Health" |
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bsiong
Supreme |
01-Jan-2013 08:54
Yells: "The Greatest Wealth is Health" |
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Closing Gold & Silver Market Report – 12/31/2012December 31, 2012U.S. FALLS OFF CLIFF AT MIDNIGHT WITH NO HOUSE VOTE This year marks the 12th in a row that the Gold market has improved on the year, which is  the longest upward trend in Gold since the 1920s. Experts point to the continuing economic stimulus by the world’s largest economies as the main reason for the climb. Europe, China and the United States have injected their respected markets with large sums of financial stimulus which has historically been good for Gold. Many people watch the clock on December 31st to celebrate the arrival of a new year. However, investors are watching the clock for a much more dubious reason. As of midnight, the U.S. officially starts its descent over the fiscal cliff.  While Congress is working to get a deal done, it will not be happening tonight.  “There are still issues to resolve, but we're hopeful that Congress can get it done, but it's not done,” said President Barack Obama. Looking past the news of the day, one leading economist believes the outlook for next year is less than optimistic.  “The new normal is sluggish growth and persistently high unemployment and concerns about debt and deficits,”  Pimco's Mohamed El-Erian said. The forecast is based on the lack of progress made by the major countries’ ability to deal with financial issues in a timely manner. At 5 pm (EST), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
01-Jan-2013 08:53
Yells: "The Greatest Wealth is Health" |
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Mid-Day Gold & Silver Market Report – 12/31/2012December 31, 2012GOLD SEES 12TH YEAR OF GAINS OPTIMISTIC FISCAL TALKS Safe haven buying has pushed Gold up today, as we are mere hours away from the edge of the fiscal cliff. The metal is set to end the year up about 6 percent, racking up  a 12th consecutive year of gains. The central drivers of the Gold price during 2012 were remarkably low interest rates, eurozone financial instability and the continued net purchase of Gold bullion by central banks. “It seems that a failure to reach a compromise, which is looking more and more likely, is supporting Gold,” said Peter Fertig, an analyst with Germany-based Quantitative Commodity Research. Uncertainty continues concerning the outlook for markets in 2013. Politicians meet today for last-ditch discussions to avoid the fiscal cliff, which could slow down the global economy if an agreement is not reached. So far, Monday has seen a choppy start for equities markets. However,  the Dow Jones Industrial Average is up as officials in Washington have expressed optimism over today’s budget negotiations. “The discussions are going very well,” Sen. Bob Corker (R-Tenn.) told CNBC's “Squawk Box.” “I do think there's going to be a resolve to this. It's almost irrelevant when it happens — it's going to happen, and it's probably going to happen today.” Equities are expected to respond positively to a speedy resolution but a solution does not mean investors will shy away from historically safe investments such as Gold and Silver. Continued government stimulus, European debt woes and hesitancy regarding stock volatility could all be positive influences on Gold in the coming year. At 1 p.m. (EST), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
01-Jan-2013 08:52
Yells: "The Greatest Wealth is Health" |
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Morning Gold & Silver Market Report – 12/31/2012December 31, 2012FIFTEEN HOURS TO GO, CLIFF DEAL DOMINATES THE MARKETS U.S. stock futures started with some positive momentum as investors look for the silver lining of a potential fiscal cliff deal. Congress and President Barack Obama have just under 15 hours to avert what amounts to $600 billion in tax increases for nearly every American worker, as well as automatic budget cuts. The senate convenes at 11 a.m. (EST) to begin talks after failing to come to a final agreement Sunday night.  Rebecca O’Keeffe, head of investment at Interactive Investor, in emailed comments said,  “As we reach the last day before automatic fiscal retrenchment in the U.S., there appears to remain substantial differences between Republicans and Democrats… It is difficult to see how both sides can compromise enough to agree [on] a deal at this point.” The Gold price is holding steady this morning after a strong overnight rise in price.  Peter Fertig, an analyst with Germany-based Quantitative Commodity Research, said, “It seems that a failure to reach a compromise, which is looking more and more likely, is supporting Gold.” He continues to say that safe haven buying drives up prices, which is what happened overnight. Uncertainty over the resolution to the fiscal crisis has complicated the outlook for the Gold price into 2013 however, Gold is closing up about 6 percent this year, finishing a 12th straight year of gains. At 9 a.m. (EST), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
31-Dec-2012 09:50
Yells: "The Greatest Wealth is Health" |
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    December 28, 2012 • 05:39:09 PST Gold Bulls Strongest Since August As Funds RetreatFifteen of 19 analysts surveyed by Bloomberg expect prices to rise next week and one was bearish. A further three were n... Read More |
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bsiong
Supreme |
30-Dec-2012 23:26
Yells: "The Greatest Wealth is Health" |
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Last Updated : 30 December 2012 at 12:45 IST Commodity inflation, printing money and short-sighted Bernanke Source :Silver-Coin-Investor.com By Dr Jeffrey Lewis The aftermath of dramatic balance sheet expansion is bound to be a rebound in inflationary pressures, but Fed Chair Ben Bernanke said the central bank is not going to react to a short term increase in current inflation. Basically, if the FOMC is convinced that a rise in inflation today is going to be reversed in the future, they are not going to do anything to offset it with a rise in benchmark interest rates. So, if inflation picks up in the here and now, then that is not going to worry Ben Bernanke because he is going to look beyond that to the future. Unpredictable flow and predicting the aftermath Strangely, Bernanke specifically said that he is not going to look at increases in the price of globally traded commodities.That means inflation in oil, food, energy and basic materials, which includes key commodities — like silver — that are essential to each of those sectors. It seems that if all of the Fed’s recent money printing activities creates an increase in oil prices or food prices, Ben Bernanke is not going to care. Of course, the net effect is going to depreciate the U.S. Dollar, which the world is already selling, so perhaps you should too. When it comes to guessing which way the hot money will move, inflationary monetary policy offers no real control over where that highly liquid capital flows to. It's all about interest rates How does the Fed propose reversing inflation? Well, by raising interest rates and then attempting to sell the toxic securities on its balance sheet. Nevertheless, rising interest rates after the greatest expansion of sovereign debt the world has ever seen will immediately crater a fragile economy already teetering on the edge. Market interest rates would soar and should easily eclipse tax revenue collections. The Fed obviously knows this, and it will continue to manage perceptions as long as the market consensus is willing to believe or their survival depends on it. The U.S. central bank has already discounted the future by many generations in the hope that markets will follow its increasingly tenuous lead. Banks’ market manipulation facilitates charade Many participants in the market now know that the manipulative actions of central banks have made prices in financial markets essentially meaningless. By controlling interest rates, the central banks have destroyed interest rates’ important function of providing information about holding intrinsically valuable assets like silver and gold. In the meantime, the age of sub-$100 silver hangs in the balance between bullish fundamentals and the ability of bullion banks to pull off the modern equivalent of alchemy by turning metal into paper as captured regulators look the other way. |
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bsiong
Supreme |
30-Dec-2012 23:24
Yells: "The Greatest Wealth is Health" |
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Last Updated : 29 December 2012 at 20:30 IST Physical precious metals may disappear from market on lower prices Source :Silver-Coin-Investor.com By Dr Jeffrey Lewis Printing money does not create wealth Physical Gold and Silver would become scarce Any short term price decline in the precious metals seen during a time of massive economic uncertainty would likely result in physical metal simply disappearing from the market. This would blow up physical premiums relative to paper like the market has ever seen before. The market got a preview of this in 2008, when silver was pushed from $20 all the way down to $8, despite a notably worsening financial outlook sparked off by the subprime mortgage crisis, falling U.S. real estate prices and the dramatic Lehman bankruptcy. This situation nearly caused a physical shortage panic, which was reflected in physical premiums of over 100 percent at times relative to paper. The market’s subsequent response boosted the price of silver from its low of$8.44 in October of 2008 to hit a historic $49.77high in April of 2011. This dramatic rise in silver’s price was further intensified by the ongoing European Sovereign Debt Crisis that began to make headlines in late 2009. Of course, someone might still be willing to sell you a paper forward or futures contract during an EU collapse, but do not count on being able to obtain the physical metal.The declaration of Force Majeure would be almost a certainty, with a cash settlement offered in place of a metal deliverable when the time comes to take possession. |
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bsiong
Supreme |
30-Dec-2012 23:22
Yells: "The Greatest Wealth is Health" |
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Gold heads for 12th straight year of gains, mixed outlook for 2013 Source :Commodity Online CHICAGO/MUMBAI (Commodity Online): Gold is heading for the 12th straight year of gains even as it failed to reach the all time high of $1921.25 per ounce reached in September 2011. “On daily charts, Comex February futures recovery has been halted at $1677 levels and could be heading lower next week as trading volumes have also fallen sharply from 137353 to 75354 contracts in the span of a week,”  Sreekumar Raghavan, Chief Commodity Strategist at Commodity Onlinesaid. Moreover, RSI is bearish at 35.48 and MACD is also in negative territory, he added.  Many analysts point out that gold is now behaving like a risk asset rather than a safe haven asset and hence the recent volatility,fall in prices. Among the factors that support gold is the Eurozone debt crisis, rock bottom interest rates on financial instability, investment demand in exchange traded funds, and central bank buying. ETP holdings gained 274.9 metric tons this year and reached a record 2,632.5 tons on Dec. 20, equal to almost a year of mine production, Bloomberg reported. Global gold demand in 2013 should be led by further strength in Chinese demand and a recovery in India, helping the precious metal continue its bull run into its 13th year, the industry-backed World Gold Council has said. |
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bsiong
Supreme |
29-Dec-2012 11:01
Yells: "The Greatest Wealth is Health" |
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Weekly Gold & Silver Market Recap – 12/28/2012December 28, 2012GOLD FLAT IN HOLIDAY SHORTENED WEEK This week has brought very little movement in the Precious Metal markets due to holiday market closures. On the days the markets were trading there was little to no movement to speak of. On Wednesday there was  a small rise in value thanks to the news out of Japan. “News about Japan planning to announce some stimulus measures are perking up the market,” Sterling Smith, a futures specialist at Citigroup Inc. in Chicago, said in a telephone interview. “We may see some sharp moves in this very thinly traded market.”  For the day, the Gold price is trending down along with equities. As Gold closes out 2012, it is seeing its twelfth year of gains due to continually low interest rates, eurozone stability concerns and high demand from central banks. Global Gold demand in 2013 is predicted to be led by a recovery in India and strength in China. This would be Gold’s thirteenth consecutive bull year. TO THE EDGE OF THE CLIFF As the calendar year comes to an end next week, so does the deadline for the United States to deal with the fiscal cliff. On Monday the spotlight remains fixed on Washington as investors continue to await a fiscal cliff resolution. “It's unlikely that we will see any resolution on the fiscal cliff before the end of the year as the Republicans and the Democrats have differences to iron out. I don't think it can be solved within these few days,” Brian Lan, managing director of Singapore based GoldSilver Central Pte Ltd, said. President Obama cut his Hawaii vacation short to return to Washington to deal with the unfinished fiscal cliff negotiations.  There is a Jan. 1 deadline, after which, if not met, most Americans will feel a sharp rise in taxes. Both parties are eager to pass a measure to keep taxes low, but the sticking point is on difficult spending cuts. Any bill that is passed may not contain the cuts that either party wishes, but the automatic cuts set to take effect Jan. 1 seem to be unacceptable to the president. While both parties seem eager to pass a resolution, most experts believe it is highly unlikely.  Chip Cobb, portfolio manager at BMT Asset Management, said “There might be some last-minute Hail Mary resolution, or a chance there is some tax agreement, but I don’t think there will be any spending agreement” before the end of the year. At this point the markets are prepared for the political antics to continue for the first few weeks of 2013. |
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bsiong
Supreme |
29-Dec-2012 00:24
Yells: "The Greatest Wealth is Health" |
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bsiong
Supreme |
29-Dec-2012 00:20
Yells: "The Greatest Wealth is Health" |
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Morning Gold & Silver Market Report – 12/28/2012December 28, 2012GOLD’S SAFE HAVEN STATUS TO RE-EMERGE IF NO ‘CLIFF’ DEAL Precious Metals prices are trading lower this morning, though Gold is headed for a weekly gain to end the year.  The safe-haven appeal of Gold could be boosted  if U.S. policymakers fail to agree on a deal to avert the fiscal cliff before the end of the year. Peter Fertig of Quantitative Commodity Research said, “Now it is looking like the U.S. economy might head to a fiscal cliff. However, if the politicians do find a timely compromise, stocks will perform well, crude oil is more likely to stabilize instead of fall, and Gold will go up with other risk assets. If there is no agreement, and people don’t know what is happening with the economy, the safe haven status of Gold could re-emerge.” Palladium hasn’t been at the front of most traders’ minds, but some insiders believe 2013  could be a strong year for the industrial Precious Metal. Dan Dicker, president of Mercbloc, said, “It is my sleeper bet for 2013. It’s a real industrial metal. It’s in very short supply. It’s had a very steady run. It’s under-traded [and] under-owned …” Jeffrey Christian of CPM Group agreed, saying, “Long term we like Platinum and Palladium. These are commodities that are used in every car manufactured and sold in the world, and auto sales on a global basis are at record levels and it’s going to continue to be that way.” At 9:11 a.m. (EST), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
28-Dec-2012 16:38
Yells: "The Greatest Wealth is Health" |
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December 27, 2012 • 16:01:49 PST
The Three Legs Of The Precious Metals Bull - Part IFor those craving certainty/security in the most uncertain of times, the precious metals bull market (which began over a... Read More |
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bsiong
Supreme |
28-Dec-2012 16:37
Yells: "The Greatest Wealth is Health" |
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December 27, 2012 • 17:55:22 PST Next Move May Be A Stunning $3,620 For Gold & $125 SilverThe following charts were put together exclusively for KWN by Kevin Wides, out of Switzerland. Once again, this is a wa... Read More
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bsiong
Supreme |
28-Dec-2012 16:33
Yells: "The Greatest Wealth is Health" |
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Closing Gold & Silver Market Report – 12/27/2012December 27, 2012CONSUMER CONFIDENCE DOWN MARKETS HINGE ON POLITICIANS’ WORDS Consumer confidence is at a four month low, presumably because of the financial crisis. Prior to the release of the consumer data, there was a growing sense of optimism about the economy.Economists at RBS in Stamford, Conn. wrote in a research note what has been on everyone’s mind recently: “Consumers are increasingly preoccupied with the potential damage the fiscal cliff will cause to the economy and to their wallets if a deal is not reached soon.” There is still good news to be had though jobless claims are falling to lows not seen in nearly 4 and 1/2 years, and home sales are rising. The stock market saw another day of losses today, but reduced some losses after the  sharp drop early in the trading session. The see-saw effect of political talk helped bring the market back when word came out that the U.S. House of Representatives would reconvene Sunday night.  The Gold price settled a little higher Thursday  due to the same uncertainty that is likely to plague us for the next few days. The U.S. dollar increased following the positive jobless report, which put some pressure on the Gold price, illustrating the negative correlation between the U.S. dollar and Gold. At 5 p.m. (EST), the APMEX Precious Metals spot prices were:
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Richardus
Member |
28-Dec-2012 15:12
Yells: "Capital is literally a seed; learn how to plant it..." |
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The next move may be a stunning $125 Silver.   http://silverreport.blogspot.sg/2012/12/the-next-move-in-silver-may-be-stunning.html |
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bsiong
Supreme |
28-Dec-2012 00:42
Yells: "The Greatest Wealth is Health" |
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bsiong
Supreme |
28-Dec-2012 00:40
Yells: "The Greatest Wealth is Health" |
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Morning Gold & Silver Market Report – 12/27/2012December 27, 2012U.S. TO HIT DEBT CEILING MONDAY, IS THIS THE REAL ISSUE? Gold and Silver prices are mostly flat this morning as investors continue to await news on the fiscal cliff negotiations in Washington. While the politicians seem to be showing no sense of urgency on the matter, many still expect a deal by the end of the year, or very shortly after. Afshin Nabavi of MKS Finance said, “If the politicians reach an agreement on the fiscal cliff, the dollar could suffer and  there could be more investment into Gold. Every time we go to the lows near $1,650, there seems to be good buying.” With the clock ticking on a fiscal cliff deal, it seems that all eyes are on that matter. However, asAPMEX CEO Michael Haynes wrote last week, the U.S. is set to hit the debt ceiling Monday. Treasury Secretary  Timothy Geithner wrote Congress Wednesday to remind them. His letter read, “I am writing to inform you that the statutory debt limit will be reached on December 31, 2012, and to notify you that the Treasury Department will shortly begin taking certain extraordinary measures authorized by law to temporarily postpone the date that the United States would otherwise default on its legal obligations.” At 9 a.m. (EST), the APMEX Precious Metals spot prices were:
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bsiong
Supreme |
27-Dec-2012 21:35
Yells: "The Greatest Wealth is Health" |
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December 26, 2012 • 17:00:42 PST
Richard Russell - Put 33% To 50% Into Gold & Sidestep BubblesRichard Russell, boldly told his subscribers they should put 33% to 50% of their money into physical gold. He also warn... Read More |
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