Precious Metal Investment, International Banking & Finance Guide

Put Gold and Silver Correction into Perspective

From Precious Metal Investment, 7 month ago, Read 0 times. Similar articles

It is time to put the recent media comments about the end of the end of the bull run that gold and silver have enjoyed since the beginning of 2002 into perspective. To recap, at the beginning of that year the spot price of gold stood at $300 an oz. While silver could be bought for just over $4.00 an oz. Over the next six years gold reached $1000.00 an oz., a 333% rise with silver posting a 500% rise to $20 an oz. Then came a sharp correction in the latter half of 2008, dropped by over 50 % to... Read more

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Gold ? Buy Now

From Precious Metal Investment, 8 month ago, Read 0 times. Similar articles

We wrote last week that if spot gold fell below $1800 an oz. it would be a good time to buy. The yellow metal is in a long term up trend, an opinion that few can argue convincingly against. This present situation brings into play two of those wise old stock market traders mantras, ?follow the trend' and ?buy the dips'. Of course we can look at the plethora of technical indicators in the hope, or even optimistic expectation, that we can time our entry with accuracy. In other words before the... Read more

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Is Gold to Regain Momentum'

From Precious Metal Investment, 8 month ago, Read 0 times. Similar articles

There are two things about the gold market we know for sure! The Indian wedding season when gifts of gold are a long standing tradition is starting and the seasonal slow down in gold’s upward momentum that has lasted during July and August since this five year bull run commenced, is coming to an end. With fund managers,traders and investors returning to their desks from vacation, expect volumes in both stock and commodity markets which have been low throughout the period, to return to... Read more

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Is Silver Ready to Ratchet Up Gains'

From Precious Metal Investment, 9 month ago, Read 0 times. Similar articles

For the last month the spot silver price has seen a high of $42.00 an oz. and a low of $37.00 an oz. For the majority of the time the price has remained within the $38-$40 zone illustrating that yet again July and August months have followed the pattern of previous years, that is the market has been flat. Not so with gold On the contrary the market has seen an exciting rise from $1490.00 an oz. at the beginning of July to an all time high of $1800.00 an oz and back to$1740 an oz. at the August... Read more

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Will a Flight to Liquidity Affect the Price of Gold (as the stock market crashes)

From Precious Metal Investment, 9 month ago, Read 0 times. Similar articles

As I write spot gold is trading at over $1680 an oz. Just three quarters of an hour into the New York open and yet another all time high. Hardly a surprise when both the US and the European economies are giving every sign that the much heralded emergence from the recession that was triggered in 2008 has been revealed as yet another smoke screen perpetuated on a gullible public by free spending self serving politicians. To those of us who are just ordinary run of the mill citizens of the world... Read more

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Why Silver Has Us In Two Minds

From Precious Metal Investment, 10 month ago, Read 0 times. Similar articles

Silver has certainly lived up to its reputation for volatility this week. Climbing to a high of just off $41.00 an oz to a low of $38.35 an oz in just three days has left this writer in more than two minds. The announcement yesterday of the latest disaster delaying fudge up tactic by Europeans hit the price of both silver and gold by the Comex close and followed through in Asian trading. However in early morning European trading it looked as if reality had at last taken over and the silver... Read more

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Gold Buy Justified

From Precious Metal Investment, 10 month ago, Read 0 times. Similar articles

This week ended with gold hitting new heights for the US dollar, the Euro and the British Pound. We hope that you took notice that we were insuring against this $40 an oz. rise by buying the SPDR Gold Trust $175 Jan 12 calls, a move we discussed in our July 11th post. We still do not know whether the current price, circa $1590 an oz. will forge ahead next week or maybe stay in a narrow channel topped by $1600. We do think that it is now very unlikely that the previously predicted fall to below... Read more

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Have We Missed The Boat On Gold'

From Precious Metal Investment, 10 month ago, Read 0 times. Similar articles

Towards the end of last week we wrote that it was likely that this summer would see a repeat of previous years when the price of gold has stayed within a narrow channel until resuming its bull run towards the end of August or early September. We also warned our readers not to chance selling off any of their yellow metal holdings despite the many siren songs from the media and technical analysts that were predicting a fall below $1500 an oz.Some pessimists were even telling us that a previous... Read more

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Beware of being Short of Gold by Mid August

From Precious Metal Investment, 10 month ago, Read 0 times. Similar articles

Our technical analyst friends tell us that, on balance, they tend to think that gold will go lower, even down as low as $1420 before support steadies the ship as it rides out the storm. A second quarter correction has occurred for the last five years with the exception of 2010 when it managed a small rise in the midst of its raging bull market. Septembers have seen the price forge ahead with the exception of 2008 when the financial crisis hit home but by the beginning of 2009 prices had moved... Read more

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Gold | Silver and the Dreaded Double Dip

From Precious Metal Investment, 11 month ago, Read 0 times. Similar articles

What a contradiction the prices of both gold and silver are experiencing to the realities of the economic situation that the world is wrestling with. Our followers will be well aware of the many fundamental factors that we believe should be driving the prices of both metals upwards and yet spot gold has been shaky since peaking at just shy of $1580 an oz. on May 1st to close yesterday in the NY after market at $1532. Meanwhile the fate of silver has been even more unkind to loyal investors... Read more

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