In its latest Gold Demand Trends 2010 report, the World Gold Council said gold demand hit a decade high as jewelry buyers returned to the market after the previous year's near-absence and central banks beca
Silver Market Analysis
Technical analysis to forecast future price trends of silver and other precious metals, as well as the US Dollar and the Euro.
Most experts agreed on a price target around $1,800 gold and $50 silver by the end of 2011.
Let's take a look at gold, silver and the Dow Jones from their lows of the Credit Crisis, starting with the Bear's Eye View and price charts for silver.
Political as well as economical developments around the globe, especially in the Middle East, have affected the commodity markets during the previous week.
Today the stock market bled out with a river of red candles. All of the recent gains vanished in one session.
It's great to be back after the holiday season. Things are as exciting as ever in the markets and around the world politically.
Thanks to its awesome autumn rally, silver has become something of a rock star in the commodities world. Investors and speculators alike are enthralled with this white metal.
Last week we had typical pre-holiday light volume trading going into US Thanksgiving.
The past few months it seems the gold and silver play has been getting a little crowed with everyone wanting to own gold.
Max Keiser is witty, brilliant, entertaining and informative. I also believe that his latest call for $500 silver is wrong. (See http://www.youtube.com/watch?v=UjDQUP-e_zI).
I gave this article the same title of a favourite Fleetwood Mac song of mine.
A love affair with silver is so natural. The fundamentals are astoundingly positive and bullish in price prospects. My basic argument has been repeated many times. Industry has countless uses for silver, significant demand.
Trading commodities and indexes through the use of exchange traded funds sure keeps things simple for an average trader.
I'm referring to the 1876 battle near the Little Bighorn River in Montana where General Custer made his last stand against the Lakota and Northern Cheyenne Native Tribes.
What a nutty week for the equities market! The bleeding has not led up with almost 2 weeks of straight selling.
Last week looked and felt like a pivotal week for both stocks and commodities. The past two weeks have had investors and traders in a panic as they try to find safe investments for their money.
It's been an exciting week for traders as volatility levels are through the roof and the broad market is moving up and down like a yoyo.
Last week was amazing for both gold and index traders as gold surged higher and the SP500 tested a key resistance then fell 4% in our favor.
Unless you are a real silver bug or a much studied gold bug, the concept of Silver Thursday will have little meaning for you.
Last week was nothing special as stock market continued to drift higher on light volume and the Volatility Index (VIX) reaching a new multi year low.
So far this week has been pretty slow.
Three weeks ago on February 5th, we saw an extremely high level of fear in the market with selling vs. buying volume at a 9:1 ratio.
The stock indexes have been trading very choppy making it difficult for swing/trend traders. It's during times like this when seasoned traders rise above the herd of average traders.
The past three weeks have been interesting to watch as the Dow (DIA ETF) has broadened causing traders to be shaken in and out of positions. Commodities have been under pressure as the US dollar has risen.
ETF trading has made it so easy for traders and investors to get maximum exposure to the entire market without the high fees of mutual funds and manager.
The market has had a fantastic week so far for stocks and precious metals.
Since the market crash in late 2008 we have seen investors favor quality stocks that pay dividends and have steady earnings.