Gold & Silver Bullion

Gold Bugs Beware
Seeking Alpha
I hope that all the gold bugs are preparing for the next leg down. Although risk does exist on both sides, the path of least resistance is down. - Then and Now - When researching gold prices, it is common practice to use historical quotes to give some indication of where prices may go. In my opinion that is a very bad strategy. ‘Inflation adjusted highs’ is simply a fancy way of saying that the price was here, we multiplied by some factor and so the inflation adjusted high is X. Therefore with more inflation the price MUST take out that previous high.
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Looking for the turning point? Currencies and gold key indicators
MineWeb
There is no question that governments will have to continue offering and providing both monetary and fiscal support before the global easing cycle can be said to have ended. The good news, however, is that some key indicators have started to show fragile signs or turning around, at least in some regions. But how can investors measure the process? In measuring the progress towards what will hopefully ultimately be the end of a global credit markets crisis, combined with attempts to reverse the underlying slowing in the global economy, the Bank Credit Analyst has selected three key indicators: interest rate spreads, the gold price, and currency volatility.
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Gold, other commodities plunge on economic woes
Associated Press
Gold prices plunged Wednesday as investors, fearful that a prolonged economic downturn will result in a sharp drop in demand for basic materials, continued their exodus from commodities. Energy prices and most agriculture futures also fell. Investors have fled both commodities and stocks amid a worsening global economic crisis, which was sparked by the bust of the U.S. housing market last year.
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The Real Story
By: Theodore Butler on SilverSeek
There is compelling new proof of a silver (and gold) price manipulation. The evidence connects the investment bank JP Morgan Chase, the dominant force in world commodity trading, the U.S. Commodity Futures Trading Commission (CFTC), the primary commodity regulator, and the U.S. Treasury Department, the arranger of every conceivable bailout.
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Gold to outperform oil as recession brews
Reuters
The price of gold has not fallen as sharply as the price of crude oil and other cyclical commodities during the global financial crisis, and bullion should strengthen relative to other commodities as economic troubles deepen. Gold bullion has dropped 16 percent since October after a recent wave of fund deleveraging. But its oil purchasing power, a key gauge of economic strength, is at its highest in nearly two years and is holding up relative to equities and other asset classes.
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Gold and Silver: In Sync for a Low
by Eidetic Research - SafeHaven
Since our last analysis of gold (Fulfilling Our Reserve Scenario, October 19, 2008), the market has traded below its September 11, 2008 low at $735.70. In so doing, it now has the structural potential, as has silver albeit of a different configuration, for a completion of the correction that has been unfolding since a March 2008 high just above $1,000. Our interest in this report is the potential for both gold and silver to be near major lows but before we deal with that, let’s take a look at long-term price and momentum conditions in both markets.
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THE SELF CONFIRMING THEORY
by Howard S. Katz on Gold Eagle
A self confirming theory is one which, when a group of people believe it, causes them to act in a way that makes it seem to be true (although it is not). The current establishment predictions of some kind of economic crisis have the character of a self confirming theory, at least for the short term. Do not be deceived by this self confirming aspect. Members of the economic establishment are very stupid, and if you follow, they will lead you to economic perdition (losing a lot of money).
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