Gold, Silver & Other Precious Metals 10 (Jan 13 - Aug 13)

[winston]

5 More Facts To Consider Before Buying And Selling Gold by Clem Chambers

http://www.forbes.com/sites/investor/20 ... ng-gold/2/

[winston]

China Puts Gold Where Its Money Is BY Jeff Nielson

VANCOUVER, Canada (Bullions Bull Canada) -- Since the Crash of 2008 exposed the global financial system as simply one big Ponzi scheme ticking down to implosion, one of the most public and emphatic economic policies of China's government has been the rapid/relentless accumulation of more gold reserves to "back" its own monetary system.


http://www.thestreet.com/story/11913810 ... L_atb_html

[winston]

Gold: 1464.50, -3.10.

Rallied further, clearing the 20 day EMA, but could not finish the move, fading to the close.

Still below the 20 day, still unable to punch through, but also still holding up, building a lateral shelf it may try to rally from.

Yes the US jobs report was heralded as some kind of great news worth 1% gains on the major indices, but the US, Japan, and now Europe are engaged in massive, unprecedented liquidity production in order to . . . create 165K US jobs.

Rather low quality, part-time jobs at that. Money well spent?


Source: Investment House

[winston]

Silver Prices in 2013: The Reasons for a Bold Forecast By Diane Alter

http://moneymorning.com/2013/05/02/silv ... -forecast/

[winston]

Gold and Silver: Sentiment Reversal is Inevitable

The usefulness of sentiment's stealth crystal ball is about to be revealed to the litany of unsuspecting precious metal bears and skeptics who have convinced themselves that gold's bull market is either over or, at the minimum, in need of lengthy ongoing retesting, restructuring and consolidation.

This article will bring us up to date as to the degree of current bearish sentiment regarding both gold and silver using no fewer than 5 sentiment indicators (with 9 illustrative charts), as well as provide the reader with an opportunity to observe the price outcome of previous bearish extremes using these sentiment indicators.

http://thetsitrader.blogspot.com/2013/0 ... al-is.html

[winston]

China’s Gold Purchases From Hong Kong Expand to Record in March

Gold imports by China from Hong Kong more than doubled to an all-time high in March as buyers in the biggest consumer after India boosted purchases, underscoring increased bullion demand in the world’s second-largest economy.

http://www.bloomberg.com/news/2013-05-0 ... march.html

[winston]

Hecla CEO Baker forecasts further metals prices decline

As Hecla’s average silver prices fell 21% in the first quarter, Hecla CEO Phillips Baker forecast second-quarter realized prices will decline even more.

(Reuters) -

Hecla Mining Co, the No. 2 U.S. silver miner by output, cut its capital spending plan for the year by 5 percent and said it expects metal prices to extend their decline in the second quarter.


http://www.mineweb.com/mineweb/content/ ... &sn=Detail

[winston]

Silver Prices: The Best is Yet to Come By Diane Alter

http://moneymorning.com/2013/05/13/silv ... t-to-come/

[winston]

Three Reasons to Buy Gold Stocks Today by Frank Holmes

http://moneymorning.com/2013/05/14/thre ... cks-today/

[winston]

The latest charts for Gold, Silver and Platinum — Look Out Below! by PeterLBrandt

Another leg in the bear market is in progress
The charts speak for themselves

The target in Gold based on the weekly graph is in the mid 1200s. The correction rally ended on May 13 with the completion of a small H&S top pattern on the daily chart.

http://peterlbrandt.com/the-latest-char ... -platinum/