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bsiong Supreme	01-Apr-2013 20:45 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
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bsiong Supreme	01-Apr-2013 20:32 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Gold rises on China PMI data flirts with $1,600 SINGAPORE (Apr 1) Gold firmed on Monday, as signs that China's economic recovery was gaining traction could boost demand for commodities, but prices could be capped by worries about the debt crisis in Cyprus and the weakness of the euro versus the U.S. dollar. Tension in the Korean peninsula has yet to trigger a rush in purchases from investors in Asia, but a full-scale conflict between the two Koreas could potentially boost gold's safe-haven appeal in times of uncertainty. Gold hit an intraday high of $1,600.81 an ounce and stood at $1,597.76 by 0647 GMT, up $1.59. The precious metal ended the quarter down around 4 percent after stock markets surged and the euro stayed weak against the dollar. Gold rallied to a 1-month high in March on concerns about fiscal stability in Europe after the European Union gave Cyprus an ultimatum to raise billions of euros it needs to clinch a bailout deal or face a likely exit from the currency zone. " We are in an uncertain market. Normally a strong PMI data from China would tend to draw investors towards stocks and not support gold prices, but this time we see a reverse. The North Korea tension is adding to the market uncertainty," said Brian Lan, managing director of GoldSilver Central Pte Ltd. " We see physical buying by the retail investors during price dips and this helped to support prices, which should go up above $1,600. If everything goes well, it seems like gold could move on to a higher trading range. Gold should test $1,620." Premiums for gold bars were largely unchanged in Singapore at 1.20 to $1.50 to the spot prices in London. Stronger domestic demand helped China's factory activity to rebound in March, with new orders up sharply in a sign the underlying economic recovery is strong enough to weather any risks from patchy export performance, surveys showed on Monday. Tokyo gold futures < 0#JAU:> gave up early gains and investors closely watched developments on the Korean peninsula after South Korean President said the country would strike back if the North stages any attack on its territory. Tensions have been high since the North's young new leader, Kim Jong-un, ordered a nuclear weapons test in February, breaching U.N. sanctions and ignoring warnings from North Korea's closest ally, China, not to do so. " There was some early buying on TOCOM. It may be related to Korea, but nobody talks about it here," said a dealer in Tokyo. " Some places are still closed for holidays, so the market is quiet and the volume is thin, which exaggerates movements." The euro slipped to approach a four-month low on concerns about the spillover from Cyprus' bailout terms, while the Australian dollar was tripped up after data showed a slower than expected rebound in Chinese factory activity in March. Financial markets in Australia, Hong Kong and Europe are still closed for Easter holidays. U.S. gold futures for June were at $1,598.40 an ounce, up $2.70.
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bsiong Supreme	29-Mar-2013 10:25 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Gold Remains Confined to Monday’s Range Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Commodity Analysis: Gold is nearing its first big test since longs were established in late February. 1620/25 might trigger a reaction (although I’d expect it to be minor). Stronger resistance is probably 1639-1652, which are former pivots that intersect trendlines starting next week. 1585 remains support and failure to hold 1585 could spell trouble (a run at the lows). Commodity Trading Strategy: Been sitting long since 2/28. This market is doing nothing but keeping the stop at 1585 (better than breakeven) just in case. LEVELS: 1555 1576 1585 1620 1639 1652
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bsiong Supreme	29-Mar-2013 10:10 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Closing Gold & Silver Market Report – 3/28/2013 by Brandi Brundidge March 28, 2013 GOLD SLIDES BELOW SUPPORTED LEVELS Gold lost its momentum today, dipping just below its support price of $1,600 on the last trading day of the quarter. The safe haven appeal has disappeared for the moment as expected protesting in Cyprus over the reopening of their banks did not occur. “Prices are likely to stay depressed in coming sessions as the situation in Cyprus is expected to slowly get better,” Canaccord Genuity analyst Dmitry Kalachev said. “But the downside may be temporary and although risks of contagion from Cyprus are limited, uncertainty remains around other periphery countries in the eurozone.” U.S. stocks rose as investors moved into equities in preparation of the first quarter ending. “A close over 1,565 today on the S& P 500 will surely get the media excited. It will probably get more people to move their S& P targets higher and the talk will be 1,600 is a ‘piece of cake.’ Since when was predicting the market over the short term like a walk in the park?” Stifel Nicolaus & Company’s Market Strategist Elliot Spar said. Stocks have performed well recently with major issues such as the presidential election, fiscal cliff panic and continued eurozone financial troubles all mostly out of the spotlight. At 5:05 p.m. (EDT), the APMEX Precious Metals spot prices were: Gold, $1,598.10, Down $10.10. Silver, $28.40, Down $0.29.
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bsiong Supreme	28-Mar-2013 21:29 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
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bsiong Supreme	28-Mar-2013 21:25 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Morning Gold & Silver Market Report – 3/27/2013 By Geoffrey VarnerMarch 28, 2013 CYPRUS BANKS REOPEN, GOLD HOLDS STEADY After nearly two weeks, Cyprus’ banks reopened today with strict limits on cash withdrawal amount. Early information is that the limits are working and there have been few, if any, signs of panic. Today’s reopening has had little impact on the markets, with the euro moving up just slightly against the dollar. Any positive news is welcome as the region’s shared currency is on pace for a 2.8 percent first quarter decline. Although the euro has recently lost ground, Steve Barrow, currency strategist at Standard Bank in London, said, “it’s hardly a collapse in spite of the Cypriot tumult.” The Gold price has held its ground as the Cyprus bank drama has unfolded. Unlike the euro, Gold is on pace for a 1.3 percent gain this month, its first monthly gain in six months. Eurozone instability fueled primarily by the Cyprus crisis and political tension in Italy has put pressure on investors. Credit Suisse global head of commodity research Tobias Merath said, “With the Cyprus crisis unfolding we have seen Gold crossing back above $1,600 but we haven't tested the key technical resistance level at $1,620 as there wasn't strong safe-haven inflows buying.” Gold gained additional support from Federal Reserve comments reiterating its $85 billion per month asset buying program would continue until the U.S. job market was on firmer ground. This type of money printing stokes inflation fears and tends to boost Gold sales. At 9:06 a.m. (EDT), the APMEX Precious Metals spot prices were: Gold, $1,600.40, Down $8.30. Silver, $28.56, Down $0.14.
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bsiong Supreme	28-Mar-2013 15:54 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Last Updated : 28 March 2013 at 10:50 IST Why Gold will continue to rally, but not too far MUMBAI (Commodity Online): Easter holidays are all set to affect investment demand for gold as many a investor would recline to their respective chairs at their favourite corner in the house or go to their nearby church. This would definitely see trade volumes plunge in the markets and liquidity tide retreating. Still, a rally in gold cannot be ruled out for the medium term at least. Reasons galore two of them worth mentioning: The Cyprus banks would re-open today after almost a fortnight. Needless to say, people would be flocking to their banks to withdraw whatever they can. Capital controls would prevent the ordinary Cypriots from withdrawing more than 300 Euros on a daily basis. They will also not be able to transfer accounts to foreign destinations with full firepower as there would be restrictions. The lengthening queues in front of ATMs captured by television cameras are likely to have a psychological impact on Eurozone economies. This would form the first reason that would see gold again becoming a hot commodity as it would rally forth. The portrait may not spark Eurozone bank runs today or tomorrow. But Cyprus's crisis has shown that there are faultlines running deep in Eurozone that can have a seismic effect on markets. The other reason that may take gold higher is the relative maturity that stock markets have assumed. The US Dow and S& P 500 indices are near record highs and the bull run, all through the way has been scooping money thereby crowding out bullion rallies. This bull run in stock markets cannot continue for ever especially in the backdrop of an uncertain economic ambience and safe haven demand persisting. And the equity rally having assumed decent highs would find itself psychologically inclined not to chart further highs. Too long a long is short! “One very early clue that the stock market bulls are running out of steam is price action in the U.S. Treasury bond and note futures Wednesday. Both markets posted solid rallies, with U.S. T-Notes hitting a fresh 3.5-month high. This suggests fresh flight-to-safety buying by investors (including into gold), which will pull way demand for risk assets like stocks.” writes Jim Wyckoff in Kitco News. But it should also be taken into account that US Dollar Index is rallying. It hit a fresh 7.5 month high on Wednesday. “The U.S. dollar bulls hold the solid overall technical advantage, which is still an underlying bearish factor for the gold and silver markets.” Wyckoff says. When the treasuries and USD are in a tango, chances are more that gold would find it difficlut to go too far for too long a time. At least that is what we can gather now.
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bsiong Supreme	28-Mar-2013 15:51 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	March 27, 2013 - 06:18:54 PDT Gold Prices Will " Explode" When These Investors Start Buying an entire class of investors that control a huge pool of money, $27 trillion plus worldwide, central banks debasing majo... read more
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bsiong Supreme	28-Mar-2013 15:49 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	March 27, 2013 - 14:43:08 PDT The Global Elite Are Very Clearly Telling Us That They Plan To Raid Our Bank Accounts Don't be surprised when the global elite confiscate money from your bank account one day. They are already very clearly... read more
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bsiong Supreme	28-Mar-2013 08:49 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Gold Has Retraced Most of Monday’s Decline Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Commodity Analysis: Gold is nearing its first big test since longs were established in late February. 1620/25 might trigger a reaction (although I’d expect it to be minor). Stronger resistance is probably 1639-1652, which are former pivots that intersect trendlines starting next week. 1585 remains support. Commodity Trading Strategy: Long against 1575, target is 1650 LEVELS: 1555 1576 1585 1620 1639 1652
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bsiong Supreme	28-Mar-2013 08:47 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Closing Gold & Silver Market Report – 3/27/2013 by Ted Prince March 27, 2013 GOLD UP PLATINUM, PALLADIUM LOOK TO RALLY After four straight sessions of losses, Gold is up today as the safe haven appeal of Precious Metals is currently resonating with investors. “Gold looked attractive today as a safe-haven asset in reaction to the decline in equity markets and in anticipation of Cypriot banks reopening on Thursday,” Global Hunter Securities’ Managing Director Jeffrey Wright said. As Gold remains relatively range bound, the increasing strength of the U.S. economy has caused many analysts to predict a rising demand for industrial metals, which could be good for Platinum and Palladium. Stocks have expunged earlier losses today as the S& P 500 has pulled back within 2 points of its all time high. Morning concern over the European debt crisis and its current focal point, Cyprus, has eased as many experts are predicting further upward movement. “When you have typically light days, the market can get pushed around a little bit more on nothing,” NorthCoast Asset Management LLC’s Head Trader Frank Ingarra said. So far, Cyprus has been instrumental in mild market shifts for both equities and Precious Metals. Many investors await Thursday’s re-opening of Cypriot banks to see what allocation strategy to take in the coming days and weeks. At 5:00 pm (EDT), the APMEX precious metals spot prices were: Gold, $1606.90, Up $8.70. Silver, $28.71, Down $0.05.
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bsiong Supreme	28-Mar-2013 08:46 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Morning Gold & Silver Market Report – 3/27/2013 by Ryan Schwimmer March 27, 2013 GOLD REGAINS $1,600 ON EURO WORRIES Gold is looking to reclaim the $1,600 level this morning thanks to worries in the eurozone, though it is fighting a battle with upbeat U.S. economic data, as home prices and durable goods have improved. Dominic Schnider of UBS Wealth Management said, “When we get into the second half of the year, there will be growth and there will also be price pressure, which should give Gold stimulus towards $1,800 an ounce.” The terms of the recent European Union bailout of Cyprus have caused some analysts to predict harder times ahead for the eurozone. Matthew Lynn of Marketwatch said, “The euro aimed to be a global reserve currency to rival the dollar. It was making some progress towards that. For example, 42 [percent] of Russian reserves were held in euros, and they are the fourth largest in the world. They won’t be staying there. Spain is already proposing a 0.2 [percent] levy on bank accounts. Others may well follow. Becoming a global reserve currency was meant to be one of the key benefits of creating the euro — there is no chance of that now. Instead, funds will flow out, hitting the currency, and more importantly damaging investment.” At 9 a.m. (EDT), the APMEX Precious Metals spot prices were: Gold, $1,600.40, Up $2.20. Silver, $28.41, Down $0.35.
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bsiong Supreme	27-Mar-2013 10:05 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Gold Maintains Contructive Bias Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Commodity Analysis: Gold is nearing its first big test since longs were established in late February. 1620/25 might trigger a reaction (although I’d expect it to be minor). Stronger resistance is probably 1639-1652, which are former pivots that intersect trendlines starting next week. 1585 remains support. Commodity Trading Strategy: Move risk up on longs to 1575, target still 1650. LEVELS: 1555 1576 1585 1620 1639 1652
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bsiong Supreme	27-Mar-2013 08:59 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	March 26, 2013 - 16:02:06 PDT Whom to Believe on Gold - Central Banks or Bloomberg? Jeff Clark - Casey Research " The catalyst for a spike into the $2,500 to $3,000 price range for gold will be an announcement by China, probably in l... read more
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bsiong Supreme	27-Mar-2013 08:57 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	March 26, 2013 - 13:37:36 PDT BRICS members China, Brazil sign deal to trade in own currencies BRICS members China & Brazil agreed on Tuesday to use their own currencies in bilateral trade in a deal that will co... read more
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bsiong Supreme	27-Mar-2013 08:56 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	March 26, 2013 - 08:08:14 PDT Argentina & Cyprus Collapses - “Gold & Silver Protects You From These Events You’ll Have Leverage and Resources” “Gold & silver are one of the things that protect you from these sorts of events…If you had ten ounces of gold in Ar... read more
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bsiong Supreme	27-Mar-2013 08:36 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Closing Gold & Silver Market Report – 3/26/2013 by Nicholas Wilsey March 26, 2013 GOLD DOWN ON POSITIVE ECONOMIC REPORTING At the close of business here in the United States, the price of Gold has ended down, closing below $1,600 an ounce for the first time in 10 days. Gold has struggled to find direction as a mixed bag of good and bad financial data has been released. The situation in Cyprus and the U.S.’s automatic budget cuts have been a positive for Gold’s market value. Add to that the continued economic stimulus by the U.S. Federal Reserve and most financial analysts believe Gold has quite a bit of support. “Housing data and consumer confidence both missed expectations and this during a period of time when the Fed is printing money,” one expert said. “This data will be beneficial to Gold in the future as the Fed has no choice but to print in order to keep the economy somewhat afloat.” There were more mixed financial reports out today regarding the U.S. economy. “The economy continues to expand in the first quarter, but we do have a drag from the sequester,” Pittsburgh’s PNC Financial Services Group Senior Economist Gus Faucher said. Durable goods and the housing market have had noted improvements even with negative factors weighing on the market. “As such, consumer spending remains in a growth mode, despite the recent headwinds of higher taxes and diminished discretionary income,” Plante Moran Financial Advisors Chief Investment Officer Jim Baird said. Only time will tell if the positive economic trends continue in the face of negative factors. At 5:00 pm (EDT), the APMEX precious metals spot prices were: Gold, $1601.50, Down $5.50. Silver, $28.79, Down $0.11.
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bsiong Supreme	26-Mar-2013 21:26 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	Morning Gold & Silver Market Report – 3/26/2013 By Ryan SchwimmerMarch 26, 2013 GOLD PICKED AS BEST INVESTMENT IN CNBC SURVEY The latest CNBC All-America Economic Survey showed that Gold is still in favor with most investors. The survey showed that Americans’ confidence in investments is rising overall, but not exclusively in stocks. When asked about the best investment, 35 percent of respondents picked Gold, as opposed to 21 percent who picked stocks. Gold was also voted the best investment in the previous survey. Though confidence in stocks seems to be rising, 60 percent of respondents are still pessimistic about the current state of the U.S. economy and the long term outlook. Precious Metals are trading lower this morning, with Gold trying to stay afloat of the $1,600 level. The Gold price has mostly tracked the movements of the euro over the past several months, which has now taken heavy losses after the Cyprus bailout deal. The concern is that future bailouts in the eurozone would come with steep penalties, similar to those agreed upon by Cyprus and the European Union. As part of the recent deal, bank deposits in the country could be facing a tax of approximately 30 percent. At 9 a.m. (EDT), the APMEX Precious Metals spot prices were: Gold, $1,599.80, Down $7.20. Silver, $28.88, Down $0.02.
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bsiong Supreme	26-Mar-2013 13:28 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	March 25, 2013 - 18:36:12 PDT David Morgan - " When you have money in a bank, you have a risky investment" read more
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bsiong Supreme	26-Mar-2013 13:28 bsiong About Contact Quote this Post! Style: Combined Mood: Yells: "The Greatest Wealth is Health"
x 0 x 0 Alert Admin	March 25, 2013 - 15:56:07 PDT Have The Russians Already Quietly Withdrawn All Their Cash From Cyprus? As it turns out, these same oligrachs may have used the one week hiatus period of total chaos in the banking system to t... read more
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Gold Remains Confined to Monday’s Range

Gold Has Retraced Most of Monday’s Decline

Gold Maintains Contructive Bias