Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, January 27, 2012
Stock Market and the Dollar Sustain the Bullish Environment for Gold and Silver / Commodities / Gold and Silver 2012
This week marked the Year of the Dragon in the Chinese calendar, and according to Chinese mythology, Dragon years bring powerful changes and optimism representing imperial power, prosperity and good luck. This year is supposed to be even more auspicious since it's a Water Dragon year, something that occurs once every 60 years. We admit that we don't yet use the Chinese Horoscope as a technical indicator, and who knows, perhaps we should. One thing is certain—the Year of the Dragon began with an auspicious move for precious metals.
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Friday, January 27, 2012
With Friends Like These Does Gold Need an Official QE3? / Commodities / Gold and Silver 2012
Although the trading week started quietly for precious metals, gold and silver surged after the Federal Reserve’s latest Federal Open Market Committee meeting. On Wednesday, the Fed announced it will not increase its benchmark interest rate until at least late 2014, citing that record-low interest rates are still needed to help boost the sluggish economy. Furthermore, Fed Chairman Ben Bernanke explained that quantitative easing is “an option that certainly is on the table.”
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Friday, January 27, 2012
Gold GLD ETF Investors Mass Exodus / Commodities / Gold and Silver 2012
Gold is enjoying an awesome January, rallying strongly out of its oversold late-December lows. But last month’s hyper-pessimistic sentiment deserves some reflection before it totally fades from memory. One of the core theses of the bears resolutely predicting sub-$1400 gold prices soon was the notion that there would be widespread liquidations in the flagship GLD gold ETF, a mass exodus of capital.
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Friday, January 27, 2012
Gold Has Foundation to Build Next Move Higher Following FOMC Catalyst / Commodities / Gold and Silver 2012
WHOLESALE MARKET gold prices were headed for their biggest one-week rise since the start of December Friday lunchtime in London, climbing back through $1720 an ounce – a weekly gain of over 3%.
Silver prices meantime hovered around $33.60 per ounce – 4.2% up on last week's close – while other stocks and commodities were broadly flat and US Treasury bond prices slipped.
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Friday, January 27, 2012
Gold and Silver Surprise Rally / Commodities / Gold and Silver 2012
Gold and Silver Surprise Rally
At the end of 2011, Merkel and Sarkozy got together for an unusual emergency meeting. They pledged to come up with economic salvation. Immediately the equity markets mounted a year end "Halleluyah" rally. Bernanke followed Europe's footsteps in 2012 and expanded the horizon of record low interest rates from Mid-2013 until Late 2014.
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Thursday, January 26, 2012
Gold Touches 7 Week High on Fed Euphoria / Commodities / Gold and Silver 2012
INVESTMENT DEMAND to buy gold continued to push wholesale prices higher Thursday morning in London, after the US Federal Reserve vowed to keep Dollar interest rates at zero until at least 2014 – one year later than previously promised.
The global market's AM Gold Fix here in London was set at $1713 per ounce, more than 3.8% higher from Wednesday afternoon and the highest level since Dec. 8th.
Thursday, January 26, 2012
Gold Breaks Above $1700 on Continuing Negative Real Interest Rates / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,713.00, GBP 1,091.10, and EUR 1,300.59 per ounce.
Yesterday's AM fix was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce.
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Thursday, January 26, 2012
I Stand By Silver $140 In 2012 / Commodities / Gold and Silver 2012
There is a well-established relationship between how silver and gold trade. They often trade similar in the same time period, but also at similar milestones, although those milestones are sometimes reached at different times. This can cause silver or gold to be the leading indicator, depending on the particular milestone.
I have previously used this relationship to predict how silver will trade. Below, is an extract of that update:
Thursday, January 26, 2012
Why Energy Investors Will Get Crushed If They Fail to Look Towards Dubai / Commodities / Crude Oil
Keith Fitz-Gerald writes: The way I see it, U.S. and European energy traders will be lucky if the door doesn't hit them in the backsides as everybody heads for the doors.
Like so many Western investors, they still have their blinders on.
They think that if demand in the U.S. and the European Union (EU) begins to slide that oil prices will fall into the toilet right along with it.
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Thursday, January 26, 2012
'Mania' in Junior Gold Mining Stocks Predicted / Commodities / Gold & Silver Stocks
Fayyaz Alimohamed, CEO of Altair Ventures Inc. and publisher of the Acamar Journal, offers historical perspective and predictions on the global economic crisis. In this exclusive Gold Report interview, he foresees a "mania" in junior mining stocks and recommends holding physical gold outside the banking system as a safety net.
The Gold Report: Fayyaz, in June 2008, using readily available economic data, you wrote that the global economy was on the verge of financial collapse. What do those sources tell you about where the global economy is headed today?
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Thursday, January 26, 2012
Buy Apple Stock or Gold? / Commodities / Gold and Silver 2012
Gold is a very controversial object. Many investors view the precious metal as a storage of wealth and a hedge against uncertainty. However, critics claim gold is a bubble and has no intrinsic value, especially since you can not eat it. The tech giant Apple Inc. also receives a fair amount of controversy, and unlike its name would suggest, you can not eat it either.
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Thursday, January 26, 2012
Gold and Silver Blast Higher on Bernanke Interest Rate Hold Pledge / Commodities / Gold and Silver 2012
In a press statement regarding today's FOMC meeting, the Fed announced that economic conditions would "likely warrant exceptionally low levels for the federal funds rate at least through late 2014".
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Wednesday, January 25, 2012
Straightening Out the Strait / Commodities / Crude Oil
Recently some of the fears that investors had focused on in the 11th hour debt negotiations in Greece have drifted southeastward towards the Strait of Hormuz. An increasingly bellicose Iran threatens to throw the world economy into confusion with the potential closure of one of the world's most important sources of energy. Catastrophic failure in Athens or the Gulf could plunge the world into severe recession if not depression. Having discussed the Eurozone at length, we focus this week on the threats posed by Iran.
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Wednesday, January 25, 2012
Return of the Gold Commission? Would it Raise the Gold Price? Confiscation? / Commodities / Gold and Silver 2012
Newt Gingrich
The answer to this question is threefold
- It depends on him being elected to a position where he can put this into action.
- It depends on how serious he is on the matter.
- It depends on what his objective really is.
Wednesday, January 25, 2012
Gold and Silver Market Manipulation Video / Commodities / Market Manipulation
Angie Miles interviews Janet Tavakoli. There’s a rich history of price manipulation in the commodities markets. Look for price anomalies as options expire tomorrow.
Many view gold as a currency alternative as central banks print money and debase their currencies.
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Wednesday, January 25, 2012
Gold "Still Respecting" Post-Lehman Crisis Trend / Commodities / Gold and Silver 2012
SPOT MARKET gold bullion prices dropped to $1653 an ounce Wednesday morning London time – down 1.7% from Monday's high – while stock markets, commodities and the Euro all slid and US Treasuries gained after the head of the International Monetary Fund suggested the European Central Bank could take losses on its Greek bond holdings.
Silver bullion fell to $31.67 – down 1.8% for the week so far.
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Wednesday, January 25, 2012
IMF’s Grim Outlook to Davo’s Sunny Slopes – Gold Shines / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,659.00, GBP 1,064.08, and EUR 1,277.04 per ounce.
Yesterday's AM fix was USD 1,669.00, GBP 1,072.69, and EUR 1,282.17 per ounce.
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Wednesday, January 25, 2012
Another Chance to Sell Common Stocks and Buy Gold and Silver / Commodities / Gold and Silver 2012
It has been a tough last year for precious metals investors but not so much for common stocks. Sure, the Euro crisis benefited Gold initially but as the panic has abated, stocks are rallying back to their highs while Gold has sold off and the gold stocks are trying to hold their lows. What is going on? Are we in the twilight zone?
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Wednesday, January 25, 2012
Bullish Technical Signals Support Silver and Gold Prices / Commodities / Gold and Silver 2012
Several closely watched technical factors played a substantial role in precious metals trading last week as traders noted that increasingly bullish signals of an impending rally accumulated strength.It is our conviction that ultimately the physical market will trump paper and drive technical traders, which in term will set-off the algorithm-funds, leading to significant moves higher or as we like to frame: a return to real equilibrium.
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Wednesday, January 25, 2012
Gold and Silver Mixed as Chinese Growth Softens and India Hikes Bullion Import Taxes / Commodities / Gold and Silver 2012
Precious metals prices were buffeted last week as news was released of a reduced economic growth rate in China that sparked renewed speculation of near term monetary easing by the People’s Bank of China or PBOC.The release of softer Chinese GDP data may have prompted a rally in gold and silver prices as traders increasingly anticipated that the PBOC may move to increase economic production by lowering its benchmark interest rates. Chinese stock prices also generally improved.
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