Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, July 11, 2011
Gold Enters Decision Making Area / Commodities / Gold and Silver 2011
Everything looked rosy this past week but now the question, “will it stay that way?” Time will tell but the latest action is getting into a decision making area. Let’s see how gold ended the week.
Read full article... Read full article...
Monday, July 11, 2011
Is Russia Selling its Gold? / Commodities / Gold and Silver 2011
In the media on Thursday of last week, an article appeared in the States stating that "Russia is selling its gold". This may have alarmed those in the gold world, until they looked carefully at the words. The article gave the impression that the central bank of Russia was selling gold. But what was the real story? Is Russia selling its gold from its foreign exchange reserves? If so, it is flying in the face of its government and the policy of its central bank.
Read full article... Read full article...
Sunday, July 10, 2011
Crude Oil Prices : The Seamless Web / Commodities / Crude Oil
As brokers and traders firstly tiptoe, then stampede out of both commodities and equities in programmed ritual lockstep when the warning signals of slower growth, higher debt, weaker money and more jobless persons flash deeper red we find more, clear, real-time proof what has happened to the financial space today. Commodities and equities are simply two facets of the same asset space. That single space is under heavy attack from reality but oil breakout on the upside, and equities on the downside is a new leading sign of that attack.
Read full article... Read full article...
Sunday, July 10, 2011
If You Like the Big Trend in Gold, You Need to See the One in Coal / Commodities / Coal
Matt Badiali writes: In yesterday's essay, Steve showed how profitable it is to own gold when the trend is up.
To most people, that sounds too simple to work... But as Steve highlighted, making money in the market often comes down just to sticking with the big trends.
Saturday, July 09, 2011
Dow 2,000 or Gold $10,000? / Commodities / Gold and Silver 2011
Eric Hommelberg has called a few in his day. In 2009, he predicted gold would reach $1,300/oz. the following year. And it did. But $1,800/oz. gold by the end of the year? Gold has recently come off its high of $1,580/oz., but Hommelberg, a principal of ValcambiGold.com, isn't discouraged. In this exclusive interview with The Gold Report, Hommelberg makes a few more predictions.
The Gold Report: Metals and commodities guru, Jim Sinclair, says that gold is acting as a barometer of economic anxiety at the moment. Do you agree with that assessment? Read full article... Read full article...
Saturday, July 09, 2011
Gold Summer Trip and a Long-term Overview / Commodities / Gold and Silver 2011
We've entered summer, a typically slow season for the metals, which is why they call it the summer doldrums. Gold closed June just 1.8% lower than it first started. Just for your information, the average summer drop over the last ten years was 8.6%, which at current levels would bring us to $1,407.53. It is also interesting to note that the summer lows have usually represented the bottom of the market for the remainder of the year, with one major exception, which was the difficult-to-forget year of 2008, which was when the summer decline was merely a harbinger of nasty things to come.
Read full article... Read full article...
Friday, July 08, 2011
Could Jobs Report Benefit Gold and Silver Investors? / Commodities / Gold and Silver 2011
At times such as these the economy reminds us of the inscription that Dante read posted to the gates to hell, "Abandon Hope, All Ye Who Enter Here." Gold Stock Trades takes a different view of this grim admonition. At the risk of sounding pollyanish we should look for the silver lining instead of succumbing to panic.
Read full article... Read full article...
Friday, July 08, 2011
Commodities Upleg and Correction Cycles / Commodities / CRB Index
Thanks to their powerful decade-old secular bull, commodities are growing increasingly popular among investors and speculators. Naturally the prudent ones are always looking for insights to optimize their timing in buying low and selling high. Knowledge of this bull’s upleg and correction cycles helps define probability bands for future trade timing.
Read full article... Read full article...
Friday, July 08, 2011
Gold Jumps 1% on Weak U.S. Jobs Data / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices responded to Friday's disappointing US non-farm jobs data by soaring 1% in less than 30 minutes to $1542 per ounce – the highest level for two weeks.Stocks and commodities dipped while US Treasury bonds gained after news that the US economy only added 18,000 non-agricultural jobs in June, less than 20% of what many analysts predicted.
Friday, July 08, 2011
India’s Gold, Silver Imports Surge 200%, Chinese Bullion Demand Surging Further / Commodities / Gold and Silver 2011
Gold is trading at $1,528.33/oz, €1,071.99/oz and £958.08/oz.
Gold was lower in most currencies except the euro this morning as euro weakness has kept gold close to record nominal highs in euros. Gold is 2.7%, 3.3% and 4% higher in dollars, pounds and euros for the week and looks set to close higher and near nominal highs in all currencies.
Read full article... Read full article...
Friday, July 08, 2011
Rare Earth Metal Prices Will Continue to Soar With China's Monopoly Intact / Commodities / Metals & Mining
David Zeiler writes: The discovery of a massive trove of rare earth metals at the bottom of the Pacific Ocean last week triggered a fleeting hope that China's monopoly on the materials would be broken.
Unfortunately, the discovery may not have the impact many had hoped, which means prices for rare earth metals will continue to soar. That's bad news for countries like the United States and Japan, which count on the scarce materials for high-tech industries.
Read full article... Read full article...
Friday, July 08, 2011
If Crude Oil Is A Bubble Where Is The Smoking Gun? / Commodities / Crude Oil
On 22nd June, Brent closed at $113. Then IEA made their move; the price dropped, and by 26th June it closed at $104 which was 8% down on the 22nd. Today it’s up to $114, back to square one; that’s hardly “Mission Accomplished”.
Not quite sure what they were thinking, forget about the “allies”, America’s Strategic Petroleum Reserve is 270 million barrels, that’s 20-days pumping at full capacity for Saudi Arabia.
Read full article... Read full article...
Thursday, July 07, 2011
Silver Platter Investor Opportunity / Commodities / Gold and Silver 2011
Every few years, a tremendous opportunity arises. The autumn months of 2007 and the autumn months of 2008 offered such an opportunity to buy silver. That $11 silver price is long gone. Many smart folks seized it. Whatever can be said on such silver platters applies almost equally to gold. The silver sprint gains are typically much larger than the gold steady gains. The coming autumn months will feature a gaggle of supposed financial analyst experts backpeddling in their hasty damage control. They have been broadcasting a wide assortment of low level propaganda posing as competent analysis, as they attempt to make the point that the anti-USDollar trade is done, the gold trade is over, the silver trade is spent. They are so wrong.
Read full article... Read full article...
Thursday, July 07, 2011
Global Energy Crisis, Germany Unplugged / Commodities / Energy Resources
The International Energy Agency (IEA) has recently warned us the world will face higher energy costs, higher carbon emissions and greater uncertainty over security of energy supply if it turns its back on nuclear power.
The IEA believes the future for nuclear power, and a subsequent reduction in carbon emissions, will be show cased in China, India and Russia. Out of the 62 reactors currently under construction, 48 - or 77% of the total - are being built in China, India, South Korea and Russia, another 82 reactors are planned and 210 are proposed for these four markets.
Read full article... Read full article...
Thursday, July 07, 2011
The Greek/B.I.S. Currency Gold Swap / Commodities / Gold and Silver 2011
The Bank of International Settlement holds 500.7 tonnes of gold as at the end of 2010. Why?
In the third quarter of 2009 it held just under 120 tonnes. These were part of currency/gold swaps. There are no details of the names of the counterparties. Coincidentally, they could be nearly the total of the 'official' gold holdings of Greece, Portugal and Spain.
Read full article... Read full article...
Thursday, July 07, 2011
Gold Falls, U.S. Debt Ceiling Plan B Insane / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices dropped to $1525 an ounce Thursday morning London time – still 2.5% up from where they ended last week – as stocks and commodities gained and US Treasury bonds fell, while rumors spread that the US Treasury is holding secret debt ceiling talks. Read full article... Read full article...
Thursday, July 07, 2011
Royal Mint Silver Production Surges 100%, Sovereign Edward Supply Tight but Bullion Premiums Low / Commodities / Gold and Silver 2011
Gold is trading at $1,525.62/oz, €1,069.93/oz and £955.18/oz.
Gold is marginally lower in pounds and dollars and marginally higher in euros ahead of the key interest rate announcement from the European Central Bank (1245 GMT). The Bank of England kept interest rates at historic lows of 0.5% and the ECB is expected to increase rates by 25 basis points to 1.5% today despite the Eurozone debt crisis.
Read full article... Read full article...
Thursday, July 07, 2011
Gold and Crude Oil Showing Signs of Strength and Higher Prices / Commodities / Commodities Trading
This has been an interesting year for both gold and oil. There has been wild price swings due to extreme political, economic and weather events round the globe making these commodities a little more difficult to trade than normal. That being said if we look at the charts it appears we could be at the beginning stages of another major rally in both stocks and commodities.
Read full article... Read full article...
Wednesday, July 06, 2011
Mining Stocks Not Reflecting Record Gold Prices / Commodities / Gold & Silver Stocks
Uncertainty will certainly push gold prices higher. In this exclusive interview with The Gold Report, Mike Niehuser, founder of Beacon Rock Research, LLC, is bullish on gold and well-managed producers, advanced development and exploration companies. He shares his top eight picks and advice on easing into an investment instead of buying all at once.
The Gold Report: What is your perspective on the price of gold and your forecast for 2011?
Read full article... Read full article...
Wednesday, July 06, 2011
Why Gold, Silver and Copper Mining Investors Must Follow Peru / Commodities / Gold and Silver 2011
The elections in Peru of Humala, an avowed radical socialist, is an ongoing development of great significance for precious metals and mining investors. It is not an event that has gone unnoticed by experienced speculators. Mining investors (GDX) worldwide are watching July 28th when the new regime takes control. So far in 2011 investors have sold off mining assets in Peru and buying the underlying metal.
Read full article... Read full article...