Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, January 13, 2012
Markets Comfortable Again with Gold / Commodities / Gold and Silver 2012
SPOT MARKET Dollar gold prices dipped to $1637 an ounce Friday morning London time – a 1.4% fall from Thursday's high – as the Euro fell against the Dollar following a successful-yet-disappointing Italian bond auction.
In contrast to Dollar gold prices, the gold price in Euros gained throughout Friday morning, hitting €41,326 per kilo (€1285 per ounce) around lunchtime.
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Friday, January 13, 2012
Renewed Iranian Worries Support Silver and Gold Prices / Commodities / Gold and Silver 2012
Even as the last of the U.S.’s troops exit Iraq, a set of fresh developments have fuelled the West’s growing concerns over neighboring Iran’s nuclear and military capabilities. These factors have provided considerable indirect support for silver and gold prices in the early trading sessions of 2012 as investor safe haven demand has again increased significantly after relaxing somewhat during late December’s holiday period.Read full article... Read full article...
Friday, January 13, 2012
Gold and Silver Investors Take Advantage of Impending Mega-Moves / Commodities / Gold and Silver 2012
“Sales are good and are continuing since last 10 days. Lucknow itself is selling about 150 kgs daily compared to 100 kgs in December,” said Lokesh Kumar Agarwal, Brijwasi Bullion and Jewellers.”
“India Gold Extends Rise From 1-Week Low”, Reuters, 1/12/12
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Friday, January 13, 2012
Bullish on Crude Oil, Bearish Energy Stocks / Commodities / Crude Oil
Oil is considerably higher today, as geopolitical tensions continue, and despite despite yesterday's larger-than-expected inventory build in oil and gasoline, and unseasonably warm weather across much of the nation.
Increasingly, it appears that all of the action off of the Jan 4 high at 103.74 into this morning's price at 101.94 in NYMEX crude oil futures has carved out a high-level bullish coil pattern. When complete, this pattern should resolve into a new up-leg that propels nearby NYMEX oil to new highs projected into the 106-108 area.
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Thursday, January 12, 2012
Gold's Appeal "Undiminished" / Commodities / Gold and Silver 2012
The PRICE of BOTH gold and silver hit a 1-month high in London on Thursday morning, gaining 0.9% and 2.1% respectively as world stock markets also rose, as did the single Euro currency and industrial commodities.
US, German and UK government bond prices all ticked lower, nudging yields higher, after Spain and Italy successfully auctioned €22 billion in new debt between them, and at much lower interest rates than investors demanded in December.
Thursday, January 12, 2012
Fractal Analysis Suggests Massive Gold Rally Is Coming / Commodities / Gold and Silver 2012
Below, is a gold alert sent to my premium subscribers, on 5 January 2012. The patterns indicated, suggest that we will have a massive rally in gold over the coming months.
Below, is a graphic that compares the gold chart from 1998 to present, to that of 1975 to 1979.
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Thursday, January 12, 2012
Has the Central Fund of Canada Given Us Another Silver Buy Signal? / Commodities / Gold and Silver 2012
I stumbled onto this little gem about a year ago and I think it is about to work its magic again. I am speaking of the ratio of the Central Fund of Canada (CEF) to the price of Gold. Please see the original blog post for an explanation of this CEF:Gold ratio.
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Thursday, January 12, 2012
Silver Bubble Bursting Clarification / Commodities / Gold and Silver 2012
Two days ago, I wrote an article called “Did The Silver Bubble Burst?“. I got many emails from people saying that this is nonsense, and that I should look at fundamentals instead of Technical charts.
While that is partly true (trust me, I DO know that the fundamentals for both Gold and Silver have never been brighter), I think that one should not ignore the technicals either.
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Thursday, January 12, 2012
India: Land of Oil, Natural Gas Energy Opportunity / Commodities / India
Marin Katusa, Casey Research writes: Quick, what country is the economic engine that will power world growth? If you answered "China," you're far from alone. But there's another country that deserves as much attention and better yet, is much friendlier to investment: India, home to 1.2 billion people. To electrify all those houses, power the industries that keep all those people employed, and fuel the vehicles that more and more Indians own, India's energy needs are shooting skyward.
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Thursday, January 12, 2012
Eye on GLD Gold ETF / Commodities / Gold and Silver 2012
The good news is that the SPDR Gold Shares (NYSE: GLD) has carved out an up-leg off of its Dec 29 low at 148.27 into today's high at 160.05 that exhibits very bullish form. This along with my 5.5-month cycle low last month argues that a significant correction has ended (Sep-Dec) and that a new bull phase has commenced.
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Thursday, January 12, 2012
Eric Sprott and Endeavour Silver: A Match Made in Heaven? / Commodities / Gold and Silver 2012
Last year, Eric Sprott, legendary gold and silver investor and chairman of Sprott Inc., issued an open letter to 17 of the world’s largest silver producers. The letter was a call to action for silver producers to limit silver sales until prices increased. Sprott explained, “I have always liked silver because I look at the physical supply and demand metrics and they scream that silver should be higher. But the price is being kept down by paper silver traders who are abusing the market.”
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Thursday, January 12, 2012
China Gold Panic 2012 / Commodities / Gold and Silver 2012
China's latest gold figures look unrelentingly bullish. Too bullish perhaps...
SO "GROWTH has [now] replaced inflation as Beijing's top policy concern," says Qu Hongbin, Asian economics expert at HSBC in Hong Kong, forecasting three cuts to China's banking reserve requirements by July.
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Thursday, January 12, 2012
Gold Volatility Breeds Equity Opportunities / Commodities / Gold & Silver Stocks
Volatility in the markets isn't going away any time soon and Mike Niehuser, founder of Beacon Rock Research, expects 2012 to be a year of extreme swings. Niehuser draws parallels to the beginning of 2009, which was a short period of time that produced some very high returns. In this exclusive Gold Report interview, Niehuser shares his market outlook and names a host of companies that are positioned to take off.
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Wednesday, January 11, 2012
Pakistan to Produce Natural Gas by Burning Underground Coal / Commodities / Natural Gas
As we start a new year, consider the miserable plight of the average Pakistani electricity consumer.
With about 50 per cent less electricity generation capability than the actual demand, Pakistan's National Grid is facing more than a 5,000-megawatt shortfall in power generation, leading to blackouts in both urban and rural areas of the country. Due to unscheduled shortages by the National Power Control Center, urban areas are facing unscheduled minimum 8-hour power blackouts each day, while in rural areas the blackouts can last as long as 14 hours.
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Wednesday, January 11, 2012
Gold In AUD$, Has Gold Put in a Low? / Commodities / Gold and Silver 2012
One market that I like to track for gold priced in US$ is that of gold priced in AUD$, as you can see its virtually hit the 1x1 objective and the reversal is very strong so far, the interesting thing that I want to point to is the more clearer Elliott Wave pattern that is seen on XAU/AUD.
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Wednesday, January 11, 2012
China's Gold Imports From Hong Kong Surge to Highest Ever‎ - PBOC Buying? / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,641.00, GBP 1,063.51, and EUR 1,286.25 per ounce.
Yesterday's AM fix was USD 1,627.00, GBP 1,051.91, and EUR 1,271.49 per ounce.
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Wednesday, January 11, 2012
Solving Critical Rare Earth Metal Shortages / Commodities / Metals & Mining
Years of supply mismanagement have left the U.S. dependent on foreign sources for critical metals like graphite, vanadium and manganese. In this exclusive interview with The Critical Metals Report, Dr. Michael Berry, publisher of Morning Notes and a former portfolio manager, and Chris Berry, founder of House Mountain Partners and co-author of Morning Notes, discuss what early-stage mines close to home could be the first to bolster the supply in U.S.
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Tuesday, January 10, 2012
Gold Confiscation, a Reality? Part 2 / Commodities / Gold and Silver 2012
Currency Debasement and Price Stability Risks
Despite the small moves in exchange rates between the U.S. dollar and the euro, confidence and trust has been debased. Looking forward to 2012, we see that deflation is becoming a rising danger. After the decay in 2011 that has hammered confidence in the euro, the need to issue more and more 'new' money is growing. The Eurozone is moving into recession (if it is not already in one). The Eurozone is more than likely to lose one or more of its weaker members -this will be good for the euro itself though--so liquidity shortages may force more money supply growth already exceptionally high in many countries.
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Tuesday, January 10, 2012
Euro-Gold Makes "Impulsive Move Higher", Silver Breaks $30/Oz / Commodities / Gold and Silver 2012
THE WHOLESALE LONDON spot gold price touched a 3-week high against the US Dollar in London on Tuesday morning, trading just shy of $1640 an ounce as world stock markets and industrial commodities also rose.
Silver bullion prices jumped above $30 per ounce, rising more than 4.5% from last week's close, as German government Bunds eased back but other Eurozone bond prices ticked higher, edging interest rates lower.
Tuesday, January 10, 2012
Why Silver For A Monetary Collapse? Part 2 / Commodities / Gold and Silver 2012
In part 1, I stated: “We are at the edge of a major economic crisis. Our monetary system is the underlying cause of this major crisis. The massive debt bubble created by our monetary system is about to burst. The demonetization of gold and silver, has over the years diverted value from these metals, to all paper assets (such as bonds) linked to the debt-based monetary system.Read full article... Read full article...