Tuesday, February 28, 2012

Gold, Silver Strong Amid Discouraging Data

Gold and silver were up sharply Tuesday morning following discouraging reports
on U.S. home prices and durable goods orders.

Gold & Silver Are Soaring in 2012

Gold and silveris paving the way for economic change. As the U.S. dollar
continues to dwindle,gold and silver are finishing strong. Gold for April
delivery rose to 0.9 percent (or $15), to settle at $1,786.30 a troy ounce.
Precious metals are souring, even in a bad economy, thanksto Greece. During this
past week,Greece reached a budget deal that will provide much needed financial
supportfrom their international creditors. This will ease up some of the
pressure onthe euro. Due to thedeclining U.S. dollar, this will make precious
metals seem cheaper for goldbuyers who use other types of currencies. Another
reason why precious metalsare doing so well is because gold and the currency are
directly linked becausemany investors purchase gold to protect against
inconsistency in thedollar. According to commoditiesanalyst, Ira Epstein, when
Europe decided that they were going to keep Greecethriving with the printing
presses, that's what "got gold going". A few investorspredict that the
European Central Bank will continue to boost the currencyunion's debt strained
members by amplifying its balance sheet in order to helprelieve the credit
crunch. As faras silver is concerned, it gained a total of 27 per cent. For
March deliver, silver increased 3.8per cent to settle at $US35.556 a troy ounce.
Why is 'Now' theTime to Invest in Precious Metals? Remember back inOctober
of 2011 I mentioned, in one of my blog posts, that you can't go wrongwhen
investing in precious metals? I also stated that precious metals will rise to
$2,300 an ounce by theend of 2012, according to some analysts. Well, it is only
February and preciousmetals are hitting an all time time as the dollar continues
to slip. If you've been contemplating whether ornot you should invest in
precious metals, let the latest increase speak foritself. Getting Startedwith
Investing in Gold and Silver As you know,401(k) and social security are all on
life support. For example, in Albany, NY,Governor Cuomo is thinking about
dropping the 401(k) option for incoming publicworkers. He also wants to increase
the minimum retirement age for publicworkers. So, they will have to work extra
years in order to become eligible tofor their retirement pension. His proposal
will also prevent workers fromstuffing up pensions with "excessive overtime". If
Cuomo is doing this in New Yorkothers will more than likely to follow suit.
Let's berealistic, if your ultimate goalis to secure your financial future,
any smart investor can see that gold andsilver rule. To find out moreinformation
about investing in gold and silver, contact me at: blakepollack@gmail.com .

The Gold Price Gained $13.47 to Close Comex at $1,787 a New High Close for the Move

Gold Price Close Today : 1787.00 Change : 13.47 or 0.76% Silver Price Close
Today : 3714.00 Change : 161.6 cents or 4.55% Gold Silver Ratio Today : 48.115
Change : -1.810 or -3.62% Silver Gold Ratio Today : 0.02078 Change : 0.000753 or
3.76% Platinum Price Close Today : 1716.80 Change : 12.20 or 0.72% Palladium
Price Close Today : 721.75 Change : 19.00 or 2.70% S&P 500 : 1,372.18 Change :
4.59 or 0.34% Dow In GOLD$ : $150.44 Change : $ (0.85) or -0.56% Dow in GOLD oz
: 7.278 Change : -0.041 or -0.56% Dow in SILVER oz : 350.16 Change : -15.26 or
-4.18% Dow Industrial : 13,005.12 Change : 23.61 or 0.18% US Dollar Index :
78.25 Change : -0.321 or -0.41% Once again today the GOLD PRICE and the SILVER
PRICE followed a day with higher silver/lower gold by jumping skyward. The GOLD
PRICE gained $13.47 to close Comex at $1,787, a new high close for the move.
Gold is pushing through tough thickets here. High at $1,789.34 wasn't much
higher than last Thursday's $1,787.18. Clearly resistance is growing as gold
moves toward 1805. Gold is tolerably overbought, but shows no sign of breaking
yet. SILVER leapt a huge 4.6% today, 161.6c, to 3714c. Will silver rage forever?
Silver hit the November high about 3960c and never looked back until it closed
Comex 161.6c higher at 3714c. Mercy! It's above its 50, 20, 300, and 200 day
moving averages, how much more UP could momentum point? Has silver hit tall
cotton permanently? This move might carry as high at 3950c - 4000c, but hard to
imagine it rising higher than that. Arguing against further rise soon is that
rising wedge-ish shape on silver's chart, built since mid- and end-December.
Today's price hit the upper boundary of that wedge, which stretches us to assume
that silver will also punch thru that boundary and keep on rising to 3950c or
better. Might, but will have to trade higher that 3745 (today's high) all day
tomorrow and hath not the odds on its side. GOLD SILVER RATIO today dropped to
48.115. Folks keep on writing to ask me if I am still waiting for 57.5 to swap
silver for gold. Answer is, I am. Maybe we missed it back in December when it
ALMOST traded at 57.5, but I never made money chasing any market. Besides, y'all
are in gold now, and it's rising a-plenty. Be patient. When a market is boiling
over like silver right now, it tends to soften your brain and cloud your
judgment. BICBW, and I often am. I will be out of town tomorrow and so will not
publish a commentary. Back Thursday, D.V. On Wall Street today jubilators
jubilated jubilantly because the Dow closed above 13,000 for the first time
since May 2008 when the crisis "began" (I pass over this universally swallowed
canard in the interest of time, but y'all understand that the crisis "began"
with the real estate bubble bursting, or was it with Greenspan pumping up the
money supply to make up for the stock market bubble bursting, or and so on and
so on back to the Fed's founding in 1913). On the other hand, Un-jubilators will
notice the large rising wedge in the Dow, sure harbinger of a breakdown to come.
Dow gained 23.61 today (0.18%) to close at 13,005.12. S&P500 added 4.59 (0.34%)
to 1,372.18. SPECIAL OFFER RE-ESTABLISH YOUR OWN GOLD STANDARD. Back in the days
of the gold standard, one US gold dollar virtually equaled two Mexican gold
pesos (0.04834 vs. 0.04823 oz), and both were struck in 90% fineness (21.6
karat). The Mexican Mint, Casa de Moneda de Mexico, has been striking gold and
silver coins since 1535, and although Mexico went off the gold standard ages
ago, they still mint all the gold coins of the old peso series: 50 pesos, 20
pesos, 10 pesos 5 pesos, 2-1/2 pesos, and 2 pesos. I like these small Mexican
coins because they are small enough to be useful in barter, they're widely
traded and recognized, and they carry a low premium over gold content, unlike
most small coins. Usually dealers want to charge a high premium for the smaller
Mexican coins, too, but I just buy cheap when I can and throw them back until I
have a pile. Now I have a pile, of 2-1/2 pesos (0.0603 oz, about 1/16 oz), 5
pesos (0.1206 oz, about 1/8 oz), and 10 pesos (0.2411, about 1/4 oz). With spot
gold at $1,787, I can sell these at a premium of only 3% over gold content. Now
pay close attention and don't let this confuse you. I am selling these in lots
of SIXTY (60) gold pesos (contains 1.4469 oz pure gold). That's 24 each 2-1/2
pesos, or Twelve each five pesos, or Six each ten pesos, or ANY COMBINATION
THEREOF amounting to sixty (60) gold pesos (1.4468 oz fine gold), plus $25 per
order shipping. So 24 ea. Gold 2-1/2 pesos @ $111 ea. = $2,664 + 25 = $2,689.00
Also 12 ea gold 5 pesos at $222 ea. = $2,664 + 25 = $2,689.00 Also 6 ea. Gold 10
pesos at $444 ea. = $2,664 + 25 = $2,689.00 If you want to order a specific
mixture, I will fill those orders as they come in, but reserve the right to send
any mixture of coins totaling 1.4468 oz fine gold (60 gold pesos) per lot, and
will try to put some of the smallest coins into each order. Yes, you may order
as many lots as you please, but I'm sorry, no re-orders or back-orders at these
prices. Offer ends when my supply runs out. Special Conditions: First come,
first served, and no re-orders at these prices. I will enter orders based on the
time I receive your e-mail at . We will not take orders for less than the
minimums shown above. All sales on a strict "no-nag" basis. We will ship as soon
as your check clears, but we allow Two weeks (14 days) for your check to clear.
Calls looking for your order two days after we receive your check will be
politely and patiently rebuffed. If you want faster shipping, please send a
wire. Spot gold basis for all prices above is $1,787.00. ORDERING INSTRUCTIONS:
1. You may order by e-mail only to . No phone orders, please. Your email must
include your complete name, address, and phone number. We cannot ship to you
without your address. Sorry, we cannot ship outside the United States or to
Tennessee. Repeat, your email must include your complete name, address, and
phone number. Our clairvoyant quit without warning last week and I stumbled and
dropped my crystal ball, smashing it to pieces, so we can no longer read your
mind. 2. Orders are on a first-come, first-served basis until supply is
exhausted. 3. "First come, first-served" means that we will enter the orders in
the order that we receive them by e-mail. 4. If your order is filled, we will
e-mail you a confirmation. If you do not receive a confirmation, your order was
not filled. 5. You will need to send payment by personal check or bank wire
(either one is fine) within 48 hours. It just needs to be in the mail, not in
our hands, in 48 hours. 6. We allow fourteen (14) days for personal checks to
clear before we ship. If your hurry is greater than that, you can send a bank
wire. Once we ship, the post office takes four to fourteen days to get the
registered mail package to you. All in all, you'll see your order in about one
month if you send a check. 7. Mention goldprice.org in your email. Argentum et
aurum comparenda sunt -- -- Gold and silver must be bought. - Franklin Sanders,
The Moneychanger The-MoneyChanger.com © 2012, The Moneychanger. May not be
republished in any form, including electronically, without our express
permission. To avoid confusion, please remember that the comments above have a
very short time horizon. Always invest with the primary trend. Gold's primary
trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1
gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under
2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary
trend down; real estate bubble has burst, primary trend down. WARNING AND
DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade
futures contracts. I don't intend them for that or write them with that short
term trading outlook. I write them for long-term investors in physical metals.
Take them as entertainment, but not as a timing service for futures. NOR do I
recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT
physical metal and I fear one day one or another may go up in smoke. Unless you
can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary
of traps. NOR do I recommend trading futures options or other leveraged paper
gold and silver products. These are not for the inexperienced. NOR do I
recommend buying gold and silver on margin or with debt. What DO I recommend?
Physical gold and silver coins and bars in your own hands. One final warning:
NEVER insert a 747 Jumbo Jet up your nose.

Dow Closes Above 13000 for First Time Since 2008 on Confidence - BusinessWeek

CBC.ca Dow Closes Above 13000 for First Time Since 2008 on Confidence
BusinessWeek Feb. 28 (Bloomberg) -- US stocks rose, sending the Dow Jones
Industrial Average to its first close above 13000 since 2008, as
better-than-estimated consumer confidence data and a drop in oil bolstered
optimism in the worlds largest economy. Dow crosses 13000, first time since
crisis USA TODAY Dow Closes Above 13000 for First Time Since 2008 Washington
Post Dow closes above 13000, first time since crisis Boston.com The Associated
Press - Fox Business all 2,026 news articles

Dow Closes Above 13000 for First Time Since 2008 on Confidence - BusinessWeek

CBC.ca Dow Closes Above 13000 for First Time Since 2008 on Confidence
BusinessWeek Feb. 28 (Bloomberg) -- US stocks rose, sending the Dow Jones
Industrial Average to its first close above 13000 since 2008, as
better-than-estimated consumer confidence data and a drop in oil bolstered
optimism in the worlds largest economy. Dow crosses 13000, first time since
crisis USA TODAY Dow Closes Above 13000 for First Time Since 2008 Washington
Post Dow closes above 13000, first time since crisis Boston.com The Associated
Press - Fox Business all 2,026 news articles

Cisco Systems Router Gets Innovation Award

Cisco Systems (NASDAQ:CSCO)' ASR 901 Router has received NASSCOM innovation
award in India. Cisco Systems Router Gets Innovation Award According to an
announcement made by Cisco Systems (NASDAQ:CSCO), its ASR 901 Router has
received the NASSCOM Innovation Award 2012 in the New Technology Advancement
Category. Dr. Partho Mishra, Vice President and General Manager for the

Gold, Silver Shares Jump, Metals Hit Multi-Month Highs

Gold, Silver Shares Jump, Metals Hit Multi-Month Highs International Business
Times - 17 minutes ago By jturbin Gold and silver shares turned sharply higher
alongside precious metals on Tuesday as the sector considerably outperformed the
broader financial markets.

Google Inc. Puts Up $1m Hacking Prize

Google Inc. (NASDAQ:GOOG) is set to offer $1 million to Chrome hackers at the
upcoming Pwn2Own contest. Google Inc. Puts Up $1m Hacking Prize Google Inc.
(NASDAQ:GOOG) announced that it will give $1 million to those who hack its
Chrome browser on Windows 7 machines at the upcoming Pwn2Own contest. The
company will award $60,000,

Small-Cap Gold Miners Repeating 2010 Rally

The Market Vector Junior Gold Miners ETF (GDXJ) is up almost 20% so far in 2012,
and with an environment similar to 2010, it could be poised to head higher.

A Tale of 2 Tire Makers

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Buy The Stocks That The Billionaires Buy

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Linn Energy to Buy BP Natural Gas Holdings

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U.S. Pending Home Sales Rose in January 2012

According to the U.S. pending homes sales report, which was published yesterday,
the real estate market has changed direction as pending home sales rose during
January 2012; furthermore the January 2012 U.S. pending home sales index was
well above the January 2011 index. The U.S. pending home sales index increased
by 2% in January 2012 compared with the Decembers 2011 index, from 95.1 to 97.
The January 2012 index was 8.0 percent above the January 2011 index, which stood
back then at 89.8. This index is a forward looking indicator and considers only
the contracts signed and not closing. This index might suggest that the growth
in the U.S. pending home sales has picked up in January, despite the recent drop
in this index in December. This positive news of a slightly increase in pending
home sales, might be among the factors to trade up the U.S. dollar during
yesterdays trading. Currently the US dollar is traded slightly down against the
Euro: Current Nymex crude oil price, short term futures (March 2012 delivery) is
traded down by 0.45%, at $108.07 per barrel as of 14:45*. Current gold price,
short term futures (March 2012 delivery) is traded at $ 1,779 per

Microsoft Corporation Recruiting In Ireland

Microsoft Corporation (NASDAQ:MSFT) has scheduled the launch of a career event
in Ireland. Microsoft Corporation Recruiting In Ireland It has been reported
that Microsoft Corporation (NASDAQ:MSFT) Ireland is hosting 'Career Reboot',
a skills event to show opportunities for conversion courses to graduates and
unemployed people. Paul Rellis, MD of Microsoft Corporation (NASDAQ:MSFT)
Ireland said that,

Gold Price Climbs, Buffett “Wrong Again” on Gold

GOLD PRICE NEWS – The gold price climbed $14.66, or 0.8%, to $1,782.01 per
ounce Tuesday after two key U.S. economic reports came in below expectations.

Microsoft Corporation Releases New CoD Package

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Seek Profits in Google With Options

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Microsoft Corporation Releases New CoD Package

Microsoft Corporation (NASDAQ:MSFT) has unveiled the new Call of Duty Microsoft
Points Retail Package. Microsoft Corporation Releases New CoD Package Microsoft
Corporation (NASDAQ:MSFT) Studios have announced the launch of a new Microsoft
Points retail package. The new package comes with a 'Call of Duty theme' and
is available now. Representing the purchase price of a

Salesforce Embraces Social Media and the Cloud

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German Stocks Climb as Merkel Wins Greek Aid Vote; Banks Rally - BusinessWeek

Globe and Mail German Stocks Climb as Merkel Wins Greek Aid Vote; Banks Rally
BusinessWeek By Sarah Jones Feb. 28 (Bloomberg) -- German stocks climbed for the
second time in three days after Chancellor Angela Merkel won a parliamentary
vote on Greek aid and consumer confidence was forcast to climb to a 12-month
high in March. German Lawmakers Approve New Greek Bailout ABC News Euro leaders
delay decision on bigger bailout fund Atlanta Journal Constitution Eurozone
crisis live: reaction to Ss Greek downgrade The Guardian Los Angeles Times -
Telegraph.co.uk all 1,254 news articles

Todays Gold Price per ounce, Spot Silver Price per ounce; Spot Silver Price per ounce trends; Price of Gold Rates Today

Gold Price trends Silver price trends Market Overview Today: The dollar gained
strength to a basket of other currencies last session, the euro fell weaker, and
gold price per ounce trends were negative. Gold contract closed the opening
trading session of the week on the negative side of break-even. It should be
noted that the final trading session of last week was negative for gold and
silver price trend-lines as well. Gold and Silver price per ounce close review
today: April contract gold finished the last session lower by .08 percent and
posted a floor price close at 1774.90 per troy ounce. Silver contract finished
the session higher on the day. March contract silver closed higher by .53
percent at 35.52 per troy ounce. Spot gold price per gram and spot silver price
per ounce trends today: Prior to opening bell this morning, price trends for
spot gold per gram and spot silver per ounce were posting green. Spot gold per
gram was higher at 57.08 at this point in the day and spot silver per ounce was
green at 35.59. Gold positions to break into the green today after consecutive
negative close marks. Camillo Zucari

Will the Rise in Gold Price Fuel a Rally for Gold Producers Stocks?

In a recent review by Bloomberg, Barrick officials claim that gold producers
stocks are due for a rally after they have been underperforming for years
compared with the sharp gains in gold price.

Oil and Gold Started the Week Falling –Recap February 27

Crude oil changed direction and after oil prices sharply rose during last week,
this week started with oil prices declining; gold price also slipped, while
silver slightly increased; natural gas future prices sharply rose yesterday. The
Euro slightly depreciated again against the US Dollar while other major
currencies (e.g. Aussie dollar) rose against the U.S dollar. Here is a summary
of the developments of precious metals and energy commodities for February 27th,
2012: Precious Metals: Gold price slightly decreased on Monday by 0.08% to
$1,774.9; Silver price on the other hand slightly rose by 0.52% and reached
$35.60. During February, gold increased by 2.0% and silver by 7.04%.

Gold & Silver Prices – Daily Outlook February 28

Gold and silver prices slightly fell on Friday after they have risen very
precipitately during most of the week. There are several updates regarding the
Greek debt crisis including the German vote, ECB lending policy and more.
Bloomberg reports gold holdings in Exchange Traded Products increased for the
fifth consecutive day to a record high. Currently gold and silver prices are
rising. Today, the U.S Core Durable Goods report will be published and the U.S.
Consumer Confidence.

Today’s DJIA Dow Jones Index Market Trends Lowes LOW Home Depot HD Google Finance Stock Quote Review

Dow Jones, Nasdaq, S&P 500 Index Review: The primary indices in the U.S. all
finished ahead for the week last week and are also moving positively according
to year to date change analysis. The Dow Jones Finished the last session at
12,982.95 which put the index ahead for the week by approximately .26 percent.
The Nasdaq finished the last week at 2963.75 which put it ahead by .41 percent
for the week. The S&P 500 finished the last session higher overall for the week
by .33 percent and closed the week at 1365.74. The positive trending has been
consistent this calendar year. According to YTD change, the DJIA is positive by
approximately 6.3 percent. The S&P 500 is positive by approximately 8.6 percent
and the Nasdaq is positive by approximately 13.8 percent according to YTD change
analysis. The primary indices finished the last session mixed. The DJIA finished
the opening session just lower at 12,981.51. The Nasdaq was higher by .08
percent at 2,966.16 and the S&P 500 was higher by .14 percent at 1,367.59.
Positive earnings data helped to keep indices aloft. Positive earnings report
push Lowes shares higher: Lowes , a major home improvement retailer, reported
earning and sales data for the fourth quarter which surpassed analysts
estimates. Profits for rose 13 percent in the quarter to $322 million. Lowes
Inc. LOW shares finished the last trading session higher by .66 percent at 27.34
according to Google Finance stock quote. In contrast, primary competition Home
Depot Inc. HD finished the last session lower by .11 percent at 46.93 according
to Google Finance stock quotes. Frank Matto

Gold & Silver Prices – Daily Outlook February 28

Gold and silver prices slightly fell on Friday after they have risen very
precipitately during most of the week. There are several updates regarding the
Greek debt crisis including the German vote, ECB lending policy and more.
Bloomberg reports gold holdings in Exchange Traded Products increased for the
fifth consecutive day to a record high. Currently gold and silver prices are
rising. Today, the U.S Core Durable Goods report will be published and the U.S.
Consumer Confidence.

Oil and Gold Started the Week Falling –Recap February 27

Crude oil changed direction and after oil prices sharply rose during last week,
this week started with oil prices declining; gold price also slipped, while
silver slightly increased; natural gas future prices sharply rose yesterday. The
Euro slightly depreciated again against the US Dollar while other major
currencies (e.g. Aussie dollar) rose against the U.S dollar. Here is a summary
of the developments of precious metals and energy commodities for February 27th,
2012: Precious Metals: Gold price slightly decreased on Monday by 0.08% to
$1,774.9; Silver price on the other hand slightly rose by 0.52% and reached
$35.60. During February, gold increased by 2.0% and silver by 7.04%.

Top 10 Best-Rated Chinese ADRs Stocks: KH, XRS, SSRX, CCIH, CHOP, FENG, HSFT, QIHU, WX, SVN (Feb 28, 2012)

Below are the top 10 best-rated Chinese ADRs stocks, based on the percentage of
positive ratings by brokerage analysts. China Kanghui Holdings (ADR) (NYSE:KH)
is the first best-rated stock in this segment of the market. It is rated
positively by 100% of the 7 brokerage analysts covering it. TAL Education Group
(ADR) (NYSE:XRS) is the second best-rated stock in this segment of the market.
It is rated positively by 100% of the 7 brokerage analysts covering it. 3SBio
Inc. (ADR) (NASDAQ:SSRX) is the third best-rated stock in this segment of the
market. It is rated positively by 100% of the 6 brokerage analysts covering it.
ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) is the fourth best-rated
stock in this segment of the market. It is rated positively by 100% of the 5
brokerage analysts covering it. China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) is
the fifth best-rated stock in this segment of the market. It is rated positively
by 100% of the 5 brokerage analysts covering it. Phoenix New Media Ltd ADR
(NYSE:FENG) is the sixth best-rated stock in this segment of the market. It is
rated positively by 100% of the 5 brokerage analysts covering it. HiSoft
Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the seventh best-rated stock in
this segment of the market. It is rated positively by 90% of the 10 brokerage
analysts covering it. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the eighth
best-rated stock in this segment of the market. It is rated positively by 89% of
the 9 brokerage analysts covering it. WuXi PharmaTech (Cayman) Inc. (ADR)
(NYSE:WX) is the ninth best-rated stock in this segment of the market. It is
rated positively by 87% of the 15 brokerage analysts covering it. 7 DAYS GROUP
HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 10th best-rated stock in this segment of
the market. It is rated positively by 86% of the 14 brokerage analysts covering
it.

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