All Posts Tagged With: "silver"
Candlesticks and Indicators Predicted the Rollover in Silver, too.
Most of the time, Gold and Silver travel along together, much like the Lone Ranger and Tonto. In our Newsletter, we had ventured the opinion over a period of many weeks that the price of Silver was coming into a top and reversal, in a fashion similar to that of Gold. The generally accepted wisdom, of course, is that there was no discernable limit to the price of Silver because the advance of inflation would inevitably continue to propel investors to the perceived “safety†which Silver (together with Gold) could provide.
In our work, we use the Japanese Candlesticks method of…
1Mar2009 | William Kurtz | 0 comments | ContinuedConfusion Reigns Supreme
Source: Roger Wiegand, WeBeatTheStreet.
“Gold isn’t just another commodity. Gold is money. Some day an international monetary crisis may rudely awaken us to this reality.” –Mark Skousen, Gold Newsletter, May, 1997, from James U. Blanchard’s Golden Insights.
With year-end portfolio balancing and fund managers striving for bonuses, this transition time among major markets is blanketed with crisis, making trading and investing difficult to say the least. We think we now have enough technical and fundamental data to forecast most of our markets deep into 2009. The next few months are fraught with danger and blessed with superb opportunities.
Proven laws of fundamentals,…
8Dec2008 | The Gold Report | 0 comments | ContinuedLargest Gold Refinery in the World Runs out of Krugerrands
Shortages of certain bullion products is possibly the most important issue facing the gold and silver markets today.
The sole maker of South African Krugerrands, Rand Refinery Ltd., largest gold refinery in the world, today ran out of the iconic bullion coin after an ‘unusually large’ order from an unnamed buyer in Switzerland.
Rand Refinery has delivered more than 46m blank coins over the years since it opened in 1967.

South African Krugerrand
Bloomberg reported yesterday how the largest gold refinery in the world was out of inventory of gold Kruggerands due to just one sizeable order from Switzerland of 5000 Krugerrands. This would…
2Sep2008 | The Gold Blog | Comments Off | ContinuedRejoicing in the Woes of Silver
If diamonds are a girl’s best friend, and everything that glitters is gold, where did silver go wrong?
This is precisely the question making the rounds among precious metals enthusiasts these days. How is it that silver took such a beating recently, while gold escaped relatively unscathed? Was it, as some suggest, manipulation by a dark, totalitarian cohort that seeks to rule the world and all its wealth with impunity? Was it the collusion of banks looking to profit from a manipulative short sale scheme?
Those claims we’ll address when time and space permit.
But first, the damage assessment.
Silver stocks were…
2Sep2008 | Oxbury Research | Comments Off | ContinuedBritish Gold Sovereigns – The Preserve of Collectors, Savers and Smart Investors
Gold as Essential Diversification and Financial Insurance
Gold bullion remains an essential diversification and essential financial insurance to have in all properly diversified portfolios. Besides the ever more important factors of inflation hedging and financial insurance, gold is likely to continue to outperform other asset classes and to provide significant returns to gold buyers.
Many of the world’s major investment banks are in agreement that gold is again in a long term multiyear bull market. Many believe gold will surpass its inflation adjusted 1980 high of $2,400/oz in the coming years.
Citigroup’s former head of technical research and managing director of Yamada Technical…
22Aug2008 | The Gold Blog | Comments Off | ContinuedCommodities Corner: No Rest For The Wicked…Or Gas, Corn and Silver
Welcome to another installment of our bi-weekly round-up of what’s been happening in the world of commodities. Once again, there’s been no shortage of wild action, so let’s get right to it.
Oil Resting For The Moment
The energy markets took a much-needed breather and retracement over the last few sessions. Since the oil market was reaching unsustainable heights, this was bound to happen, and it did.
Whether it continues to regain its lost ground and make newer all-time highs is yet to be seen, but it is still driving all the other commodities markets at this time.
Crude oil topped out at $147.27 /barrel…
22Jul2008 | Smart Profits Report | Comments Off | ContinuedCharting New Highs for Precious Metals
Precious Metals Poised for All-Time Highs
Taking a look at the longer term charts is always a fun proposition and this week things look exceptionally well. Gold is ready to fight for another all-time high in the near future, silver looks poised to do it at any second but realistically over a month or two. Platinum is trending within a super bullish formation and palladium is going to give us a further indication within two weeks max. All in all, it’s a great time to be in this sector:

They say a picture is worth a thousand words and in this case…
16Jul2008 | The Penny Sleuth | Comments Off | ContinuedContrariana: Silver Prices Not Ready to Rocket: Been There; Done That
The bloom is off the rose in Silver. It peaked in March 2008 at the end of a five-wave rise which began in August 1999. That peak will not be exceeded within the foreseeable future. Silver is headed for $12.50, in fits and starts – a large down-up-down pattern.
“All the king’s horses and all the king’s men…..†And all of the fundamental reasons why Silver should rise will amount to naught. They simply will not make any difference.
Perhaps one reason for that is that the fundamentals, which seem strong now, will disintegrate. It is a mistake to project present facts…
9Jul2008 | William Kurtz | Comments Off | ContinuedSilver Prices Ready to Rocket; Four Reasons Why and Two Ways to Buy
Silver prices have vaulted an extraordinary 106% in the past two and a half years.
More impressive, silver prices have gained 33% since mid December.
Now, compare that to how U.S. stocks have fared since then: The Dow Jones Industrial Average has plunged 13.6%; The Nasdaq Composite Index tumbled 10.5%; The S&P 500 Index has fallen 11.1%.
Like gold, silver is a safe haven from inflation and a weak dollar. The prices of the two metals often move parallel to one another. However, silver is poised to rocket – handing investors not only gains in our bear-market economy, but steeper…
7Jul2008 | Money Morning | Comments Off | ContinuedSILVER SAVES INVESTORS BIG AND SMALL
In case you want a handy way to keep tabs on how bad things get, Anthony Cherniawski of the Practical Investor reports that Money.CNN.com recently “reintroduced the concept of the ‘Misery Index’”, which is an interesting metric produced by combining the rate of inflation plus the rate of unemployment, which “was last heard of in the 1980’s” when both of the rates were soaring and people were miserable.
He notes that using “official” numbers of 3.9 % inflation with 5% unemployment produces “a current Misery Index of only 8.9″, which he says is “not far from the Misery Index’s low of…
16Jun2008 | Daily Reckoning | Comments Off | Continued
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