Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, September 07, 2011

Gold, is Safe Haven, Not Francs as Switzerland to Buy Foreign Currency in Unlimited Quantities / Commodities / Gold and Silver 2011

By: Mike_Shedlock

In a stunning morning press release, Swiss National Bank sets minimum exchange rate at CHF 1.20 per euro

The current massive overvaluation of the Swiss franc poses an acute threat to the Swiss economy and carries the risk of a deflationary development.

Tuesday, September 06, 2011

Is China Buying Gold to Challenge the U.S. Dollar? / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

“International supervision over the issue of U.S. dollars (NYSE:UUP) should be introduced and a new, stable and secured global reserve currency may also be an option to avert a catastrophe caused by any single country.” -China’s official news agency Xinhua

Tuesday, September 06, 2011

Swiss Franc Collapses Against the Dollar and Gold as Central Bank Plans to Debase Currency / Commodities / Gold and Silver 2011

By: GoldCore

Currency markets have seen massive volatility this morning after the Swiss National Bank decision to fix the Swiss franc to the euro.

Gold is trading at USD 1,899.50, EUR 1,339.10, GBP 1,177.30, CHF 1,611.10 (up from CHF 1,486.50 yesterday) and JPY 146,350 per ounce. Gold is down 0.18% in dollar terms and strong physical demand continues at these levels.

Tuesday, September 06, 2011

Gold Falls as Eurozone Banks Worry about Counterparty Risks / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR prices to buy gold fell to a low of $1877 an ounce on Tuesday morning in London – a 2.3% drop from their new record high set hours earlier – while stocks and the Euro rallied after the Swiss National Bank announced plans to peg its currency to the Euro.

Yields on 10-Year US Treasury bonds hit an all-time low of 1.97% – while yields on Italian and Greek debt moved the other way.

Tuesday, September 06, 2011

Investing in Farmland for Healthy Profits / Commodities / Agricultural Commodities

By: Money_Morning

Larry D. Spears writes: If Mark Twain was talking about investing in farmland when he suggested "buy land - they're not making anymore," then he knew more about finance than he's credited with.

The Federal Reserve Bank of Chicago just reported that prime farmland prices in the heart of the U.S. grain belt (Indiana, Illinois, Iowa, Michigan and Wisconsin) - were up 17% in the second quarter compared to 2010, the biggest year-over-year increase since 1977.

Tuesday, September 06, 2011

140 Years Of Silver Price Volatility / Commodities / Gold and Silver 2011

By: Professor_Emeritus

An interview was published on July 6, 2011, with the title Eric Sprott - Paper Markets Are a Joke: Prepare for Bullion Prices to Go Supernova. Interviewer: Chris Martenson, Ph.D. (See: www.financialsense.com/node/5777) One of the questions Martenson asked was gold versus silver as an investment. Sprott came out on the side of silver that should trade at the hallowed gold/silver price ratio of 16 to 1. His argument is that gold and silver coins are destined to come back and circulate, so while the gold coinage will take care of large, the silver coinage will take care of small purchases - just as they did when the monetary system of the United States was established at the turn of the 18th century.

Tuesday, September 06, 2011

Silver and Silver Stocks Forming Bullish Cup and Handle Pattern / Commodities / Gold and Silver 2011

By: Jordan_Roy_Byrne

A cup and handle pattern is a bullish continuation pattern that represents a period of consolidation followed by an eventual breakout, which is the continuation of the previous trend. Typically these patterns last months and not weeks or days. Cup and handle patterns also entail precise price targets. To find the price target, one measures the distance from the top to the bottom of the cup and then adds the distance to the top of the cup. In some cases analysts can use a logarithmic scale though its best to use a arithmetic scale. 

Tuesday, September 06, 2011

Unseemly Scrabble for Libya's Post-Gaddafi Oil Assets Underway / Commodities / Crude Oil

By: OilPrice_Com

While NATO members, led by France, piously proclaimed at the onset of their military offensive in Libya that their concerns were solely humanitarian, a covert tussle to gain a commanding lead in developing the country's energy riches in light of Colonel Gaddafi's departure is well underway.

Tuesday, September 06, 2011

Silver’s Liquidity Risk / Commodities / Gold and Silver 2011

By: Dr_Jeff_Lewis

It’s unlikely that any silver stockpile will go without a buyer.  As more and more investors place a portion of their tangible assets in gold and silver, the market for metal grows.  However, just like in high finance or even in personal finance equations, liquidity risk is a concern that investors should have on the mind.

Tuesday, September 06, 2011

COMEX Silver Stocks Remain Near Record / Commodities / Gold and Silver 2011

By: Dr_Jeff_Lewis

The COMEX reported a massive change in silver stockpiles, an indication that at least some traders are hedging their bets to take cash off the table.  On August 19, 2011, the exchange reported a serious change in total silver available, noting that silver supplies reached a high not seen since December 2010.

Monday, September 05, 2011

Gold Reaches $1,900 Again - Supported by Risk of U.S. Recession, German Euro Risk and Wikileaks China Gold Cables / Commodities / Gold and Silver 2011

By: GoldCore

Spot for immediate delivery rose to $1,903.00/oz as the dollar and all currencies fell against gold in early European trading. Risk aversion has returned due to concerns about the US and global economy and Eurozone contagion.

Gold is trading at USD 1,890.50, EUR 1,339.10, GBP 1,171.30, CHF 1,486.50 and JPY 145,350 per ounce.

Monday, September 05, 2011

Gold Breaks Back Above $1900 / Commodities / Gold and Silver 2011

By: Ben_Traynor

THE U.S. DOLLAR gold price stuck its nose above $1900 an ounce Monday morning London time – its first breach of that level in nearly two weeks – before easing back towards lunchtime.

The silver price, by contrast, fell to a low of $42.42 per ounce – 1.9% off Friday's close – while stocks and major commodities were also down following news of US legal action against banks and yet another election defeat for Germany's ruling party.

Monday, September 05, 2011

Governments Buying Gold / Commodities / Gold and Silver 2011

By: Julian_DW_Phillips

Venezuelan gold mining companies had until recently been forced to sell 50% their gold production to the government for their reserves. This was increased last month to 100%. It accompanied President Chavez's nationalization of the mining industry. This lays the country open to the seizure of foreign-based assets belonging to Venezuela, including all its gold. To guard against this Chavez has ordered that all the country's gold held in foreign vaults be repatriated back to the country. The tonnage involved is 365 tonnes. This is a huge amount. While it seems political opportunism guided the decision, it was an excellent investment move. In the ground inside Venezuela sits around 1,000 or more tonnes of gold, which over time will take Venezuela's gold reserves above those of Switzerland, once it is mined.

Monday, September 05, 2011

The Gold Price Parabola And Silver Rocket Update / Commodities / Gold and Silver 2011

By: GoldRunner

Gold has been rocketing up to, and through, the price levels that we laid out many months ago (although a couple of months later than we had expected). This is the equivalent move for Gold that we have recently seen Silver making.  As Gold starts to rise more parabolic on the log chart, it creates a very important consequence for the Precious Metals (PM) stock indices since they are heavily weighted in Gold Producers.  Suddenly, the price of Gold is rocketing up through, and above, the mining costs of the Gold Producers and triggering heavy leverage for the earnings of those Gold Miners.  

Monday, September 05, 2011

GOLD Bullish on All Time Frames / Commodities / Gold and Silver 2011

By: Merv_Burak

LONG TERM

From the long term perspective we are far from any real danger of a turn around to the bear side.  Of course the long term technical indicators are by their nature slow to turn and much downside activity could take place before the indicators turn around.  That’s what we have the intermediate and short term indicators for.  As often mentioned, I try to keep things simple here.  If you should find I’m getting too complicated please let me know.  There are dozens of other commentaries on the internet where you can find the more complicated or sophisticated analysis.  You don’t need another one.

Saturday, September 03, 2011

Gold Stocks, the Best Business For An Inflationary Environment / Commodities / Gold & Silver Stocks

By: Willem_Weytjens

Buffett has always said that you should find a company that has pricing power that can offer protection in an inflationary environment. What he means with this is you should find companies which can pass higher costs on to its customers. He once said that the ideal asset in an inflationary environment is a royalty on someone else’s sales.

Saturday, September 03, 2011

Gold's Rocket Ride Poised to Surge Even Higher / Commodities / Gold and Silver 2011

By: Barry_Elias

Gold continues to demonstrate its true strength.

One month ago, Christopher Ruddy, chief executive officer and president of Newsmax, inquired as to the direction of the market.

Saturday, September 03, 2011

Has Gold Really Been So Frantic? / Commodities / Gold and Silver 2011

By: Ben_Traynor

There's been a lot of talk about how volatile gold's been this summer. The numbers tell a different story...

GOING BY some of the recent headlines, you'd think gold prices had just gone through the most hectic and almighty summer.

Saturday, September 03, 2011

No Gold Summer Doldrums, End of Action for Mining Stocks? / Commodities / Gold and Silver 2011

By: Przemyslaw_Radomski

This will be an August to remember – no summer “dulldrums” this year. Gold has risen roughly 12% this month and nearly 30% year to date. Gold prices had a trading range of more than $300 in August.

Stocks are a different story. Wall Street ended the month with losses that came with an extended rout the first three weeks, with the current batch of gains only denting the damage. Since the start of July the FTSE 100 has lost 10.6%. The S&P is down 8.2%. The NIKKEI 225 has lost 8.8%, while the German DAX has plunged 22.6%. By contrast, gold prices have gained nearly 23% over the same period.

Saturday, September 03, 2011

Maximizing Profits from The Real Gold and Silver Bull / Commodities / Gold and Silver 2011

By: DeepCaster_LLC

“There has been a pattern developing in the Federal Reserve’s weekly money supply reporting, however, that is worthy of note, with surging M2 growth being reported in the Fed’s now-broadest money measure.  The growth largely can be accounted for by an apparent flight from large time deposits and institutional money funds (officially ignored components of the Fed’s once-broadest money measure, M3).  The cash flows here are suggestive of concerns over banking-system solvency (see Hyperinflation Watch).

(Ed. note: Indeed, the U.S. M2 Money supply accelerated 2.2% in July, 2011 from the prior month; the fastest pace in 52 years.)