Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, December 14, 2011
Gold Liquidation and 200-Day Moving Average / Commodities / Gold and Silver 2011
THE PRICE OF GOLD fell back to new 7-week lows in London on Wednesday, giving back a 1% rally from Asian trade as world stock markets and commodity prices also fell after the US Federal Reserve kept its monetary policy unchanged on Tuesday.
Dollar investors saw the price to buy gold dip below $1624 per ounce – down over 5% from last weekend – as copper prices sank to a 2-week low and US crude oil fell through $100 per barrel.
Wednesday, December 14, 2011
Gold and Silver Patterns Could Weigh On Stocks / Commodities / Gold and Silver 2011
If you own stocks, you want gold and economically-sensitive silver to perform well. Weakness in precious metals is reflective of diminished concerns about future inflation and increasing concerns about deflation. The Fed, via money-printing exercises such as quantitative easing (QE), is attempting to “inflate away” the large debt burdens plaguing governments around the globe. The Fed is also trying to hold off deflationary forces, which can morph into a negative economic feedback loop of falling asset prices. If gold and silver cannot muster a sustainable rally soon, it will tilt the economy and markets toward bearish/deflationary outcomes over the coming weeks and months.
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Wednesday, December 14, 2011
The Changing Nature of Global Natural Gas Projects / Commodities / Natural Gas
Dr. Kent Moors writes: I wrapped up my recent trip to Russia at 4 a.m. last Friday in a Moscow airport.
One thing is certain about my trips to Russia - the time schedule is always off.
But I can't complain; the weeklong visit provided many benefits.
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Wednesday, December 14, 2011
Hundreds Of Old Gold Mines Are Reopening / Commodities / Gold & Silver Stocks
New mining technologies combined with high metal prices are triggering a global re-activation of old mines including the Chitradurga mine in India, the Copper Mountain mine in British Colombia, the Sukari Mine in Egypt, the Orvana Mine in Northern Spain and soon the Lincoln Mine in California.Read full article... Read full article...
Wednesday, December 14, 2011
US Real Interest Rates Indicate Gold Undervalued / Commodities / Gold and Silver 2011
In this update, we look at the latest trend emerging in US real rates. US real rates continue to fall and as a result we remain bullish on gold.
We have covered the dynamics of the relationship between gold and U.S. real rates before, but for new readers and those wanting a refresher, here’s an excerpt from a previous article:
Wednesday, December 14, 2011
Gold and Silver $20 Trillion Market Manipulation for Buyers of 300 Billion Silver Ounces / Commodities / Gold and Silver 2011
Mach M writes: Financial idiots and frauds who are trying to crash Silver & Gold price, they will crash world economy because Gold & Silver are the pillars of world economy and they are hedge against inflation. If the pillars are not strong and frauds try to break the pillars then the 200 storey building (world economy) will crash.
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Wednesday, December 14, 2011
The Uranium Mining Industry Is Alive and Well / Commodities / Uranium
The Fukushima disaster cast a shadow on the uranium mining industry, but Dundee Capital Markets Vice President and Senior Mining Analyst David A. Talbot sees very strong fundamentals, especially in the absence of substitutes for nuclear generation. Such a premise suggests that uranium use will rise with growing populations and needs. In this exclusive interview with The Energy Report, Talbot lays out the demand picture in detail and shares the names of his best uranium mining ideas.
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Tuesday, December 13, 2011
India Embraces Solar Power, Says Price Will Equal Thermal Power in Five Years / Commodities / Renewable Energy
Economic South Asian superpower India has firmly embraced solar power, advancing the target date by five years for selling solar-generated electricity at the same rate as electricity generated by fossil fuel plants, from 2022 to 2017.
According to government officials, the reason for moving the date forward is plummeting tariffs in the latest solar development projects, a trend that they believe is likely to continue.
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Tuesday, December 13, 2011
Gold Price Could Fall to $1600, Even Lower During this Correction / Commodities / Gold and Silver 2011
Gold is in the bump phase of a seven-year Bump-and-Run Reversal Top pattern which typically occurs when excessive speculation drives prices up steeply, and is now at a critical juncture which could change the long-term trend of gold. Silver is already in the run phase which does not bode well for its future price. Let me explain.
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Tuesday, December 13, 2011
Gold "Remains Under Pressure" as Banks "Forced to Sell Crown Jewels" to Raise Dollars / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices climbed 1% Tuesday morning in London – reaching $1669 per ounce around lunchtime – while stock and commodity markets also regained some ground, despite mounting evidence of funding stresses in the banking sector.
Silver bullion meantime hovered around $31.30 per ounce – nearly 3% down for the week so far.
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Tuesday, December 13, 2011
Gold Support at 200 DMA at $1618/oz, Massive Chinese Demand and Gartman Flip Flops / Commodities / Gold and Silver 2011
Gold is trading at USD 1,665.10, EUR 1,261.20, GBP 1,067.30, CHF 1,557.40, JPY 129,550 and AUD 1,643.0 per ounce.
Gold’s London AM fix this morning was USD 1,665.00, GBP 1,068.75, and EUR 1,262.22 per ounce.
Yesterday's AM fix was USD 1,680.00, GBP 1,077.06, and EUR 1,266.49 per ounce.
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Tuesday, December 13, 2011
Give Silver Bullion an AAA Rating / Commodities / Gold and Silver 2011
The FinancialTimes reported early on Monday that Standard & Poor’s will announce a potential downgrade of five triple-A rated governments. As of writing time, no announcement has been made.
Investors see what the ratings agencies also see, but are too slow to call out – the financial condition of major governments is not nearly as attractive as it appears. In particular, Germany and France are handicapped by the weight of other EU nations struggling with high debt yields.
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Tuesday, December 13, 2011
Silver’s Beta is Irrelevant / Commodities / Gold and Silver 2011
Beta is a financial term that describes an asset’s volatility relative to the S&P500 index. In scoring individual assets against the equity markets, financiers hope to find a collection of securities that provide the best possible appreciation with the least amount of beta. That is, financiers are compensated to make many different investments to form the perfect portfolio that, over time, goes up in the straightest line possible.
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Tuesday, December 13, 2011
Year-end Buying Opportunities Abound in Gold Mining Stocks / Commodities / Gold & Silver Stocks
Christmas sales are not just for retail shoppers. Tax selling season is here, and one man's stock loss may be another man's super bargain opportunity. In this exclusive interview with The Gold Report, Casey Research Master of Metals Louis James talks about year-end investment strategies in the current market environment, factors to consider next year as the global economic situation may affect precious metals and mining stocks and some of his current year-end favorites.
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Tuesday, December 13, 2011
Expecting Upside Pivot in Crude Oil / Commodities / Crude Oil
My work in nearby NYMEX oil argues that current weakness should violate Friday's low at 97.65 on the way to a press into the 96.00 area, where the price structure should make an attempt to hold and pivot to the upside, preserving the late-Nov double-bottom lows around $95.00.
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Tuesday, December 13, 2011
Inflation, Deflation and Gold & Silver / Commodities / Gold and Silver 2011
As we look upon yet more unprecedented times in financial markets, the debates about outcomes of inflation and deflation still rage. We are not necessarily wedded to either of these, taking the view that only policy responses from the financial authorities will reveal what lies ahead.
It seems most market participants wait with baited breathe to see how different policy responses in different jurisdictions will play out. In very general terms it appears the Fed is still more liquidity happy and ideologically aligned to stimulus and the Europeans, although often contradictory in their lack of consistency, are less keen on the printing press.
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Monday, December 12, 2011
Global Factors Hitting Gold and Silver / Commodities / Gold and Silver 2011
Despite having a rather stable performance last week, gold and silver are declining sharply Monday. Gold fell below a key support level at $1,680, while silver dipped below $31. There are several global factors contributing to the decline in precious metals today.
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Monday, December 12, 2011
Preparing for Gold 2012 / Commodities / Gold and Silver 2012
Imagine most are anxious to put 2011 into the history book. Many of the hopes and dreams of a year ago certainly fizzled as time passed. A raging bull was converted to a bear in nearly all financial markets. So, we do hope for change in the new year, in the markets and especially in November. As we all prepare for 2012, we hope to provide some thoughts for your consideration.
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Monday, December 12, 2011
Are Central, Commercial Banks Lending or Selling Gold? / Commodities / Gold and Silver 2011
The big feature of last week's decline in the gold price has been the lending of gold into the market. Commercial banks could have been doing it, but there is evidence in the past that central banks have leased gold to cap the gold price and bring it down. The gold price declines were so rapid and extensive that some investors theorized that central banks, including the Federal Reserve, were actively selling gold. The talk is that Commercial banks were unable to get the dollar liquidity they needed, leasing gold under their wings to facilitate these loans at lower interest rates. After the massive swap arrangements made between the U.S. Fed and the E.C.B., many felt that the problems of dollar liquidity had been overcome; however, by the extensive leasing of gold, this does not appear true.
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Monday, December 12, 2011
"Funding Stresses" as Gold Plummets, European Summit Deal "Shows a Lack of Progress" / Commodities / Gold and Silver 2011
SPOT MARKET gold prices dropped to $1670 an ounce Monday lunchtime in London – 2.3% off last week's closing spot price – while stocks and commodities also fell and US Treasury bonds rose.
Silver prices dropped to $31.12 per ounce – 3.4% down on the end of last week.
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