Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, May 11, 2011
Small Oil Companies Poised for Big Growth / Commodities / Oil Companies
Hedge fund Founder Steve Palmer invests in micro- and small-cap companies that might grow explosively through successful exploration or development of novel technologies. By maintaining his focus on ground-breaking companies rather than commodities, Steve's AlphaNorth Partners Fund has achieved an extraordinary annualized return of 57.3% for the three year period ending April 30, 2011. In this exclusive interview with The Energy Report, he shares his secrets for targeting growth companies.
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Tuesday, May 10, 2011
What is Someone Holding Silver to do? / Commodities / Gold and Silver 2011
The clay tablets now seem incomplete. Some additional comments, or rules, should have been included One that comes to mind is that all of the above apply to politicians. That Keynesian economists are not excluded from the one about stealing would have been nice. For what else is Keynesian ideology other than a rationale for stealing the wealth and income of working citizens? Also, a tablet suggesting firm rules for certifying bear markets would have been helpful
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Tuesday, May 10, 2011
Commodity Market Corrections / Commodities / Commodities Trading
David Galland, Managing Director, Casey Research writes: Today I’d like to share a couple of thoughts on the matter of the correction in commodities about which we have been so vocally warning, and which has now occurred.
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Tuesday, May 10, 2011
Gold Close to New Euro High as S&P Cuts Greece Credit Rating Again / Commodities / Gold and Silver 2011
THE PRICE OF GOLD rose for the second day in succession in London on Tuesday, recovering half of last week's 7% plunge from new all-time Dollar highs, as world stock markets also rallied again with commodities.
The Euro spot gold price rose above its peak of last week, trading at €34,028 per kilo after the Standard & Poor's agency downgraded Greek sovereign debt to the same credit rating as Belarus, Europe's lowest-ranked state.
Tuesday, May 10, 2011
Euro Gold Targets Record EUR 1,072/oz on Risk of Forced Greek Default and Euro Zone Debt Contagion / Commodities / Gold and Silver 2011
Gold and silver continue to rebound from their sell offs as euro zone periphery worries intensify with real risks of defaults and possible contagion. Gold has risen from €1,010/oz to over €1,057/oz since Friday. The long period of correction and consolidation may soon see a break out above resistance at record nominal highs of €1,072/oz - less than 1.5% below the current price.
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Tuesday, May 10, 2011
The Gold Universe / Commodities / Gold and Silver 2011
In summary, I don't get a feeling of comfort from the charts in the gold universe. There are subtleties which fly in the face of conventional wisdom.Read full article... Read full article...
Tuesday, May 10, 2011
COMEX Drops Nepalm Bomb on Silver, What Next for Precious Metals? / Commodities / Gold and Silver 2011
What was I thinking trying to forecast a normal "wave 4" correction in Silver without the required insider information that the COMEX was going to raise margin/equity requirements four times in a week? My pullback silver low target of $40.10 was obliterated after two consecutive days of equity requirement increases early last week, knocking silver into the low 33's before it got off the mat and staggered around a bit. Gold followed right behind as margin calls and stop losses required over- zealous traders on the long end to liquidate everything they could find to avoid complete meltdown of their trading accounts.
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Tuesday, May 10, 2011
Investors Don’t Turn Out the Lights on Commodities Just Yet / Commodities / Commodities Trading
The prices for many commodities suffered the worst week in recent memory last week. Oil prices dipped below $100 per barrel, gold fell below $1,500 an ounce and silver gave back much of the past month’s gains by falling to the $35 an ounce level. The prices for other commodities such as sugar, tin, nickel, aluminum, lead and copper also pulled back.
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Tuesday, May 10, 2011
Bearish on Gold Price, but Bullish on Select Junior Gold Stocks / Commodities / Gold and Silver 2011
Get in cheap while companies are relatively unknown and then pick up doubles, triples, or better when they hit the big time—that is AlphaNorth Asset Management Founder Steve Palmer's investment strategy. In this exclusive interview with The Gold Report, Steve shares some ideas for spotting big growth potential.
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Tuesday, May 10, 2011
A Policy Driven Silver Price Crash / Commodities / Gold and Silver 2011
Silver has once again stolen the investment market spotlight. Margin requirements for silver trading rose 84 percent last week, which prompted a major sell-off. Silver posted its worst four-day drop since 1980 and was down more than 25% after the CME Group raised the costs for investors to trade the metal four consecutive times within a week.
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Tuesday, May 10, 2011
Gold Pullback Temporary / Commodities / Gold and Silver 2011
John Burbank of Passport Capital spoke exclusively with Bloomberg Television's Margaret Brennan this morning. He said that he's betting on declines in all commodities because of the end of QE2 and that gold may drop until August.
Burbank also said that unless governments inject liquidity into the market, commodities will “trend” back toward price levels seen at the start of QE2.
Monday, May 09, 2011
Commodities After The Crash, No Way But Up / Commodities / Commodities Trading
After a suspiciously short and likely programmed commodities crash we can only have the right hand leg of a "V" profile for commodity prices - until and unless big things happen with the major currencies and national debt crises of most OECD countries, or we have a global economic crash. To be sure, this is the context for highly classic speculative frenzies, where fundamentals are put on the back burner, and the front burners are turned to full on.
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Monday, May 09, 2011
Impact on Gold Market If China Economy Overtakes U.S. / Commodities / Gold and Silver 2011
We heard that China's economy was going to be the same size as the U.S. economy by 2016. This is considerably faster than U.S. economists thought would be the case just two years ago. At the speed China is growing it will dwarf the U.S. by 2020. The encouragement the Chinese government has given to the development of the gold market in China and the direct incitement from them to buy gold tells us that this is a long-term policy. It also tells us that they would not favor a significant rise in the exchange rate of the Yuan, particularly against the dollar, because this would lower the gold price in the Yuan. So what will the Chinese gold market look like in 2020?
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Monday, May 09, 2011
Gold and Silver Trends Depend on US Policy / Commodities / Gold and Silver 2011
THE PRICE OF GOLD reversed half of a 1% rally to $1510 per ounce in London on Monday, easing back as the US Dollar rose on the forex market and European stock markets fell hard.
US crude oil contracts stalled after a 2.7% rally took them back to $100 per barrel.
Monday, May 09, 2011
The Commodities Bubble Hasn't Burst, It's Just Taking a Breather / Commodities / CRB Index
Kerri Shannon writes: Panicked investors retreated from silver, oil and copper this week, leading many to believe the commodities bubble had finally popped - but experts say this bull market will pick up again.
The Standard & Poor's GSCI Index that follows 24 raw materials fell as much as 11.4% in five days, the longest losing streak since August.
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Monday, May 09, 2011
Is It Time to Buy Silver? / Commodities / Gold and Silver 2011
Unless you have been hiding under a rock, you probably know that silver has had a major correction over the past week. The precious metal plummeted about 30% from a high of almost $50 an ounce to less than $35 yesterday. This six-day drop is one of the largest since 1983.
Silver has given back just about all of its gains for the past month and some traders are thinking it might be time to get long. But before you run and buy silver, there are a couple things to consider.
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Monday, May 09, 2011
Gold Transition to the D-Wave / Commodities / Gold and Silver 2011
Don't let the title fool you, for reasons I've outlined in this weekend's report I think gold likely has one more move to new highs before the D-wave begins.However the action in the dollar and silver this week has probably taken the parabolic phase of this C-wave off the table. Rather than the normal sharp spike up it appears that this C-wave is going to end with a more modest move than prior C-waves. That being said it did last much longer and gain just as much above the prior C-wave top as any other C-wave. So in terms of duration and magnitude this C-wave has fulfilled every expectation.
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Sunday, May 08, 2011
Silver Investors Shock and Horror, Where Next? / Commodities / Gold and Silver 2011
Silver newbies discovered to their shock and horror last week that silver can actually go down as well as up, and even worse, that it drops a lot faster than it goes up. We were partly fooled ourselves last week by the seemingly bullish COT figures, but not to the extent that it stopped us implementing protection in the form of Puts, or Calls in silver bear ETFs such as ZSL.
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Sunday, May 08, 2011
Gold Shows Relative Strength, Especially Against the Silver Meltdown / Commodities / Gold and Silver 2011
Gold's reaction last week was quite modest, given what happened elsewhere, especially to silver, and with the benefit of hindsight it is quite clear that it was a good point for it to react as it had the Friday before risen to become critically overbought on its short-term oscillators.
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Sunday, May 08, 2011
Speculation Does Not Explain High Crude Oil and Gasoline Prices? / Commodities / Crude Oil
WTI (West Texas Intermediate) Crude Oil futures traded at its lowest in almost two months in New York on Thursday, May 5 in its biggest selloff in two years, plunging 8.6% on the day to below the $100 mark (Fig. 1). Brent crude on ICE also dropped as much as $12.17, or 10%, which was the largest in percentage terms not seen since the Lehman Brothers financial crisis, and the largest ever in absolute terms, according to FT.
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