Traineeinvestor Posted February 1, 2014 Report Share Posted February 1, 2014 A big jump in sales of gold and silver coins by the US mint. “Any kind of uncertainty attracts people to gold,” Scott Carter, the chief executive officer of Los Angeles-based Lear Capital, said in a telephone interview. “The long-term buyers accumulate gold every time there is a drop.” http://www.bloomberg.com/news/2014-02-01/u-s-mint-gold-coin-sales-jump-63-in-january-silver-triples.html There must be some gold minings stocks that will still make money even if gold prices drop to $1050 (as some are forecasting). Link to comment Share on other sites More sharing options...
drbubb Posted February 1, 2014 Report Share Posted February 1, 2014 gold appetite is showing here too... / a quiet weak, apart from rising PHM / ==== Last WEEK's MOVES ==== : = on Friday 01/31 alone = : GLD : 122.29 : - 1.80 % / 120.09 : +0.32 : +0.27% / 7.83 MGDX : $23.67 : - 0.80 % > $23.48 : - 0.01 : -0.04% / 28.10 MRatio : 5.166 : - 0.97 % / R 5.115 :Gdxj : $36.26 : - 2.40 % / $35.39 : - 0.06 : -0.17% : 1.637 MSPRD: 790.46: + 0.34 % / 793.16 = 25.501 mn oz. Gold stored DXY- : 80.478 : + 0.96 % / 81.252: + 0.202 : +0.25 % : N / A =================== It is bullish (somewhat) to see SPDR gold holdings rising, when GLD fell = Link to comment Share on other sites More sharing options...
frizzers Posted February 5, 2014 Report Share Posted February 5, 2014 Gold price manipulation? http://commoditywatch.podbean.com/2014/02/05/dimitri-speck-gold-price-manipulation-and-the-gold-cartel/ Dimitri Speck Gold Price Manipulation And The Gold Cartel http://media67.podbean.com/pb/36c4fd934146e79114e9f006e278a90a/52f23fd2/data1/blogs1/2516/uploads/speck.mp3 In today's programme I talk to Dimitri Speck about gold price manipulation and his new book The Gold Cartel: Government Intervention In Gold, the Mega-Bubble in Paper, and What This Means For Your Future. Dimitri Speck is a commodity analyst and chief developer of trading strategies for asset manager Staedel Hanseatic, where he is responsible for the Stay-C commodity fund. Visit Dimitri's website, Seasonal Charts. Link to comment Share on other sites More sharing options...
Perishabull Posted February 11, 2014 Report Share Posted February 11, 2014 It looks like we are at an interesting point in the gold market, technically speaking. This chart is Gold continuous futures, March 2001 to present;in LOG The key long term trend is still in play. And the sentiment picture looks interesting too; Link to comment Share on other sites More sharing options...
frizzers Posted February 11, 2014 Report Share Posted February 11, 2014 An interesting table identifies targets for major bear market lows. We never got there ... From the Atlas Pulse newsletter (very good NL by the way). Link to comment Share on other sites More sharing options...
romans holiday Posted February 11, 2014 Report Share Posted February 11, 2014 "The key long term trend is in play" Hmmm, let me guess... something like 20% appreciation year on year? Link to comment Share on other sites More sharing options...
Van Posted February 12, 2014 Report Share Posted February 12, 2014 Gold is testing the 144dma @ around 1293. It will be very encouraging if it can break through and hold above this level over the next few sessions. Link to comment Share on other sites More sharing options...
Van Posted February 14, 2014 Report Share Posted February 14, 2014 Gold is testing the 144dma @ around 1293. It will be very encouraging if it can break through and hold above this level over the next few sessions. Went through with very little resistance or fanfare. Bodes very well.. This is a pretty big deal.. we haven't closed above the 144dma for over 2 years! Link to comment Share on other sites More sharing options...
notanewmember Posted February 14, 2014 Report Share Posted February 14, 2014 Looking more bullish! Link to comment Share on other sites More sharing options...
romans holiday Posted February 17, 2014 Report Share Posted February 17, 2014 Gold through 1400 would mark the end of the mega correction for me. Price still looks solid on the long term log chart. Link to comment Share on other sites More sharing options...
huntergatherer Posted February 20, 2014 Report Share Posted February 20, 2014 Two 'outright' bears have second thoughts on 2014 gold price February 20, 2014 After a dismal 2013 that saw gold lose 28% in value and suffer the worst price performance in 32 years, few predict a big upswing this year. The median forecast for the fourth quarter 2014 of the nine gold analysts tracked by Bloomberg is for an average $1,165 an ounce gold price. And historically the most accurate among them see gold sub-$1,050. Gold averaged $1,411 in 2013. But gold's fight back this year – the spot price has gained 9.6% so far this year seems to have surprised a number of forecasters. http://www.mining.com/two-big-bears-have-second-thoughts-on-2014-gold-price-86457/ Link to comment Share on other sites More sharing options...
huntergatherer Posted February 22, 2014 Report Share Posted February 22, 2014 Gold price: Hedge funds add 30% to bullish betsFebruary 21, 2014 Long positions – bets that the price will go up – held by so-called managed money increased by 8% to 140,840 lots in the week to February 18 according to Commodity Futures Trading Commission data released after the close of business on Friday. At the same time short positions were cut by 10,603 to just under 50,000, which translates on a net basis hedge funds holding 31% more bullish positions: net longs of 90,942 lots or 9.1 million ounces. Net longs jumped 17% in the week to February 11, CFTC data showed. Net longs fell to a paltry 26,700 lots in early December when shorts held by large investors peaked at more than 80,000 lots. That was the highest number of short positions since 2007, back when gold changed hands for $700 an ounce. http://www.mining.com/gold-price-hedge-funds-add-30-to-bullish-bets-81200/ Link to comment Share on other sites More sharing options...
drbubb Posted February 24, 2014 Report Share Posted February 24, 2014 BIG GOLD DEMAND from China - a report quoted more fully in DrBubb's diary " If January is a guide then gold consumption on an annualized basis could be closer to 3,694 tonnes from China and Hong Kong which is well ahead of our forecast. That number is staggering." STAGGERING Indeed ! Remember, annual mine production is estimated at 2,850 tonnes. So THAT estimate of 3,694 tonnes is 129.6% of production. Last year, the GLD etf shed 552.8 tonnes - that's 19.4% of estimated 2014 production There are early signs that GLD could turn a NET BUYER in 2014 (at the current price level.) There is potential for a big Gold Buying scramble in 2014, with a high price (maybe Reorient's $1,800) to tame demand! = This is very Bullish for Gold Link to comment Share on other sites More sharing options...
happy Posted February 24, 2014 Report Share Posted February 24, 2014 meanwhile . . . Yves Lamoureux has again turned bearish on the yellow metal: Feb 13, 2014 But also looking ahead, Yves Lamoureux, president of Lamoureux & Co., a market advisory firm based on behavioral economics, said he expects gold prices to fall toward his $1,000 target, as the recent bounce in prices has been “shallower and shorter” than he expected. “Most of the rebound is short covering and we are shocked at how weak gold has been,” he said. - LINK Link to comment Share on other sites More sharing options...
Traineeinvestor Posted February 26, 2014 Report Share Posted February 26, 2014 Nothing new here but a nice summary of which countries are adding to reserves: http://247wallst.com/commodities-metals/2014/02/25/seven-nations-buying-the-worlds-gold/ Link to comment Share on other sites More sharing options...
tinecu Posted February 28, 2014 Report Share Posted February 28, 2014 Nothing new here but a nice summary of which countries are adding to reserves: http://247wallst.com/commodities-metals/2014/02/25/seven-nations-buying-the-worlds-gold/ Odd that China and India are not listed in what seems to be the top 7 buyers? Link to comment Share on other sites More sharing options...
Traineeinvestor Posted February 28, 2014 Report Share Posted February 28, 2014 Another article suggesting that the London gold fixing mechanism is used to manipulate the price of gold: http://www.bloomberg.com/news/2014-02-28/gold-fix-study-shows-signs-of-decade-of-bank-manipulation.html At the risk of repeating myself, the fixing mechanism is so outdated it should have been dispensed with decades ago. Link to comment Share on other sites More sharing options...
Traineeinvestor Posted February 28, 2014 Report Share Posted February 28, 2014 Odd that China and India are not listed in what seems to be the top 7 buyers? Very odd but I believe (and please correct me if I am wrong), the PRC government does not buy its gold in the international markets so it does not show up as a buyer. As for India, if the Indian government were to be buying gold at a time when it is punishing its citizens for protecting themselves agains a weak currency, I would imagine that would create a bit of controversy (to put it mildly). Link to comment Share on other sites More sharing options...
stunlee Posted February 28, 2014 Report Share Posted February 28, 2014 Finally, finally, finally after having been screamingly obvious for years, reports of gold manipulation have reached the mainstream media. http://www.bloomberg.com/news/2014-02-28/gold-fix-study-shows-signs-of-decade-of-bank-manipulation.html Link to comment Share on other sites More sharing options...
notanewmember Posted March 3, 2014 Report Share Posted March 3, 2014 $1350. Gold looking strong as Russia flexes its might in the Ukraine. Link to comment Share on other sites More sharing options...
Gatesy Posted March 3, 2014 Report Share Posted March 3, 2014 Can anyone have a stab at which companies they thikn are on the Casey Research 10-bagger list. https://www.caseyresearch.com/orderv14Cis.php?ppref=CDD999ZZ9999Z I'm always skeptical of such newletters, as if the target companies involved are going to make so much money why does Casey need to sell newsletters! Still ...I'm curious Cheers Link to comment Share on other sites More sharing options...
notanewmember Posted March 4, 2014 Report Share Posted March 4, 2014 "My special report The 10-Bagger List for 2014 - containing the 9 gold stocks Louis thinks are most likely to become 10-baggers this year" I don't think any gold stock will 10 bag this year. I am not bullish myself on gold stocks until gold gives us the right signals. Gold looks better over the last two weeks, but that doesn't make a new super bull market - yet. I have a few UK gold stocks on the monitor ( this thread is a good UK listed list; http://uk.advfn.com/cmn/fbb/thread.php3?id=21909943 (advfn registration is free) Gold is the dog that wags the tail (gold stocks), not the other way around. ----------- EPIC ... £m ... Moz . Costs . $/Roz .... g/t ... Prod? ... $/t .. MC/Res . MarginAAU ... 6.0 .. 0.81 ..... - .... 12 ... 1.52 .... CY14 .... 65 ..... 16% ...... 0AAZ .. 22.3 .. 0.93 .. 1227 .... 39 ... 0.78 .. 57,316 .... 33 ..... 19% .... 21%ABG . 1153.2 . 30.11 .. 1171 ... 62 ... 2.70 . 661,496 ... 115 ..... 30% .... 21%AFCR . 10.8 .. 4.30 ..... - ..... 4 ... 2.00 ....... - .... 85 ...... 5% ...... 0AGQ .. 17.4 .. 1.93 ..... - .... 15 ... 2.43 ...... 64 ... 104 ..... 23% ...... 0AMA .. 32.4 .. 9.92 .. 1566 ..... 5 ... 1.40 .. 37,924 .... 59 ...... 7% .... -3%AUE .. 72.9 .. 2.14 ..... - .... 55 ... 3.50 .... CY15 ... 149 ..... 58% ...... 0AUR ... 2.1 .. 0.00 ..... - ..... 0 ... 0.00 ....... - ..... 0 ....... - ...... 0AVM .. 24.6 .. 7.50 .. 1533 ..... 5 ... 1.35 . 121,924 .... 58 ...... 5% ... -13%BGL ... 9.2 .. 3.51 ..... - ..... 4 ... 1.00 .... CY15 .... 43 ...... 4% ...... 0BMZ ... 4.0 .. 0.33 ..... - .... 19 ... 8.50 .... CY13 ... 362 ...... 7% ...... 0CEY . 605.8 .. 7.70 ... 647 ... 128 ... 1.11 . 366,184 .... 47 ..... 69% .... 55%CGH .. 27.6 .. 5.56 ..... - ..... 8 ... 4.09 .... CY15 ... 174 ...... 9% ...... 0CGNR .. 5.4 .. 0.60 ..... - .... 15 ... 1.60 .... CY16 .... 68 ..... 18% ...... 0CMCL . 22.9 .. 0.46 .. 1279 .... 81 ... 3.88 .. 41,888 ... 165 ..... 50% .... 14%CNG . 113.0 .. 5.01 ..... - .... 36 ... 2.66 .... CY15 ... 162 ..... 29% ...... 0CNR .. 36.2 .. 2.37 ..... - .... 25 ... 3.50 .... CY16 ... 149 ..... 28% ...... 0CRND .. 7.2 .. 2.76 .. 2238 ..... 4 ... 3.05 .. 10,812 ... 130 ...... 3% ... -49%EUA ... 4.3 .. 0.00 ..... - ..... 0 ... 0.00 ....... N ..... 0 ....... - ...... 0FRES . 7096 . 60.44 .. 1149 ... 190 ... 0.78 . 1180000 .... 33 .... 173% .... 22%GAL ... 4.2 .. 0.33 .. 2296 .... 21 ... 7.00 ... 2,000 ... 298 ..... 31% ... -53%GBGR . 49.8 .. 1.94 .. 1311 .... 42 ... 5.34 .. 30,356 ... 228 ..... 58% .... 14%GDP ... 8.4 .. 0.93 .. 1564 .... 15 ... 2.39 .. 35,836 ... 102 ..... 19% ..... 3%GGP ... 3.0 .. 0.09 ..... - .... 54 ... 0.00 ....... - ..... 0 .... 169% ...... 0GRL ... 4.0 .. 0.29 ..... - .... 22 ... 1.77 ....... - .... 75 ..... 17% ...... 0HGM . 223.6 . 11.11 ... 851 .... 33 ... 3.60 . 216,885 ... 153 ..... 21% .... 43%HOC . 734.2 . 18.56 .. 1388 .... 64 ... 3.70 . 360,000 ... 158 ..... 42% ..... 6%HUM .. 27.7 .. 3.82 ..... - .... 12 ... 1.28 .... CY16 .... 55 ..... 16% ...... 0KEFI . 16.8 .. 1.50 ..... - .... 18 ... 2.34 ....... - ... 100 ..... 19% ...... 0KGI . 154.3 .. 4.48 .. 1182 .... 56 .. 16.55 .. 91,518 ... 705 ..... 32% .... 17%KGLD .. 4.5 .. 0.20 ..... - .... 38 ... 1.84 ....... - .... 78 ..... 30% ...... 0KIBO .. 5.8 .. 0.80 ..... - .... 12 ... 1.20 ....... - .... 51 ..... 29% ...... 0KLG ... 1.4 .. 0.00 ..... - ..... 0 ... 0.00 ....... N ..... 0 ....... - ...... 0MARL . 14.5 .. 0.52 ..... - .... 45 ... 1.10 ....... - .... 47 ..... 31% ...... 0MIRL . 22.9 .. 3.09 .. 1557 .... 12 ... 2.16 .. 23,392 .... 92 ..... 12% .... -7%MML . 222.2 .. 3.35 ... 405 ... 107 ... 9.95 .. 75,000 ... 424 .... 121% .... 69%MTL .. 72.2 .. 1.39 ..... - .... 84 ... 1.69 .... CY14 .... 72 ..... 46% ...... 0MWA .. 18.2 .. 4.07 .. 1592 ..... 7 ... 2.48 .. 70,144 ... 106 ..... 8% ..... 4%NGL .. 28.0 .. 3.44 ..... - .... 13 ... 4.70 ....... N ... 200 ..... 14% ...... 0NMG ... 5.8 .. 0.00 ..... - ..... 0 ... 0.00 ....... - ..... 0 ....... - ...... 0NYO ... 3.6 .. 0.47 ..... - .... 12 ... 2.34 .... CY15 ... 100 ..... 12% ...... 0OMI .. 12.5 .. 0.78 ... 935 .... 26 ... 2.99 .. 67,404 ... 127 ..... 14% .... 29%ORE ... 5.6 .. 0.00 ..... - ..... 0 ... 0.00 ....... - ..... 0 ....... - ...... 0OTC ... 5.6 .. 1.33 ..... - ..... 7 ... 1.75 ....... - .... 75 ...... 5% ...... 0OVG ... 6.9 .. 0.00 ..... - ..... 0 ... 0.00 ....... N ..... 0 ....... - ...... 0OXS .. 10.8 .. 3.67 ..... - ..... 5 ... 3.23 ....... - ... 138 ...... 4% ...... 0PAF . 259.8 .. 4.50 .. 1102 .... 94 ... 7.50 . 205,892 ... 320 ..... 89% .... 35%PGD .. 84.5 .. 1.66 ..... - .... 83 ... 2.77 .. 21,652 ... 118 ..... 66% ...... 0PGL ... 5.0 .. 0.34 ... 909 .... 24 ... 1.39 .. 19,028 .... 59 ..... 21% .... 47%PML ... 7.7 .. 0.00 ..... - ..... 0 ... 0.00 ....... - ..... 0 ....... - ...... 0POG . 179.9 . 25.06 .. 1301 .... 12 ... 1.12 . 632,000 .... 48 ..... 10% .... 18%POLY . 2532 . 13.91 .. 1222 ... 295 ... 2.20 . 1124000 .... 94 ..... 82% .... 14%RRS .. 4488 . 27.76 .. 1029 ... 262 ... 3.84 . 934,708 ... 164 .... 192% .... 28%SAV .. 14.4 .. 0.00 ..... - ..... 0 ... 0.00 ....... - ..... 0 ....... - ...... 0SGZ ... 2.2 .. 0.18 ..... - .... 20 .. 13.10 .... CY14 ... 558 ..... 19% ...... 0SHG .. 71.0 .. 1.70 ... 972 .... 68 ... 5.30 .. 75,656 ... 226 ..... 45% .... 36%SMA ... 4.7 .. 0.37 ..... - .... 21 ... 1.20 ....... - .... 51 ..... 65% ...... 0SOLG . 74.7 .. 0.46 ..... - ... 261 ... 1.00 ....... - .... 43 .... 324% ...... 0SRB .. 19.0 .. 0.67 ..... - .... 46 ... 6.34 .... CY14 ... 270 ..... 59% ...... 0STG ... 3.7 .. 0.00 ..... - ..... 0 ... 0.00 ....... - ..... 0 ....... - ...... 0STI .. 16.9 .. 0.87 ..... - .... 32 ... 1.50 ....... - .... 64 ..... 42% ...... 0TGL ... 1.3 .. 0.00 ..... - ..... 0 ... 0.00 ....... - ..... 0 ....... - ...... 0TPJ ... 1.5 .. 0.00 ..... - ..... 0 ... 0.00 ....... - ..... 0 ....... - ...... 0TSG .. 12.9 .. 1.14 .. 1013 .... 18 .. 12.58 .. 27,332 ... 808 ..... 14% .... 33%VGM .. 24.6 .. 4.20 .. 1585 .... 9 ... 6.16 .. 36,020 ... 262 ...... 6% ..... 0%Avg ... 288 .. 4.54 .. 1270 .... 41 ... 2.94 ....... . ... 130 ..... 43% ..... 6%£m ~ Market Cap at latest updateMoz ~ Tot attrib JORC/NI43 resource (may incl AuEq oz for polymetallic deposits)Costs ~ Latest actual all-in costs of production$/Res oz ~ value per attrib resource oz in US$.g/t ~ Grade in Troy grammes per tonne Au (or AuEq)Prod ~ 4x last quarter's production - or the estimated start year$/t ~ calculation of in-ground value for gold + other metal credits per tonne oreMC/Res ~ market cap as a % of resource valueMargin ~ % operational gold margin on sales Link to comment Share on other sites More sharing options...
stunlee Posted March 5, 2014 Report Share Posted March 5, 2014 (Reuters) - Barclays (BARC.L), Deutsche Bank (DBKGn.DE) and three other banks have been accused in a lawsuit of manipulating the London gold fix, a benchmark used throughout the $20 trillion market for the metal, Bloomberg reported http://www.reuters.com/article/2014/03/05/us-gold-fix-idUSBREA240R620140305 Link to comment Share on other sites More sharing options...
Van Posted March 12, 2014 Report Share Posted March 12, 2014 Gold is testing the important $1360 level.. amid a selloff in everything else. Link to comment Share on other sites More sharing options...
drbubb Posted March 14, 2014 Report Share Posted March 14, 2014 An still moving higher Despite a little lift in the USD > see: http://Goldstock.co.uk Link to comment Share on other sites More sharing options...
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