Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, March 02, 2011
More Record Prices in Gold, Silver and Oil Ahead / Commodities / Gold and Silver 2011
The prices of oil, gold and silver are all presently being pushed higher by the expansion of popular protests throughout the middle east. Despite the confident public statements officials in Washington, Saudi Arabia, and Israel, rest assured that the level of nervousness within those governments are at their highest in decades. In tandem with the elevated discomfort in those administrations, the markets continue to notch higher, with commodities leading the charge.
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Wednesday, March 02, 2011
Gold New Record High Barely Reported by Mainstream Media / Commodities / Gold and Silver 2011
Gold prices settled at a new record high yesterday, as unrest in North Africa and the Middle East pushed the safe haven currency to $1,435/oz. Silver surged to new 30-year record nominal highs at $34.74/oz. Prices surged in dollars and all major currencies and look set to reach record highs in other currencies.
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Wednesday, March 02, 2011
Middle East Meltdown Will Send Crude Oil to $300 and Pump Prices to $9.57 a Gallon / Commodities / Crude Oil
Martin Hutchinson writes: The unrest in the Middle East oil patch is roiling the global oil markets on an almost daily basis.
The events in Egypt, Libya, Saudi Arabia, Oman and other countries are also forcing us to ask that long-dreaded question: What happens if the countries throughout the Middle East region fall to radical governments?
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Wednesday, March 02, 2011
Fed Printing Enough Money to Buy the World's Silver / Commodities / Gold and Silver 2011
I thought I had heard all the good arguments to buy silver, mostly from me asking myself two important questions.
First, "Why am I not buying silver when it is so obviously going to go much, much higher in price because of the absurd Federal Reserve insanely creating so much money, which causes inflation, which always makes the prices of precious metals soar?"
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Wednesday, March 02, 2011
Gold Prices At New All Time High / Commodities / Gold and Silver 2011
Finally, a new all time high for gold prices. Gold prices are being well supported by both its 50dma and its 200dma as the chart above shows. The RSI is now over the ‘70′ level, sitting at 72.33 suggesting that it is overbought, but don’t count on it, the world is a very volatile place at the moment.
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Wednesday, March 02, 2011
Rare Earth Monopoly Coming To An End / Commodities / Metals & Mining
Canada based Stans Energy Corporation is currently focused on developing mining properties in Kyrgyzstan. The company acquired the mining license for the past-producing Kutessay II rare earth mine in October 2009 and is now gathering and analyzing its historical data. Kutessay II along with the Kyrgyz Chemical Metallurgical Plant (KCMP) was the Soviet Union’s most advanced mining properties at one time. It supplied 80% of the nation’s rare earth metals for 30 years from 1960 to 1991. The mine was shut down in 1991 because of a fall in rare earth prices.
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Wednesday, March 02, 2011
As Rare Earths Get Rarer… / Commodities / Metals & Mining
China’s role in the global rare earth market needs little introduction. China’s restrictive trade policies have forced the rest of the world to rethink their own policies and explore rare earth resources in nations other than China. The governments of the US and certain European nations are trying to develop various strategies to secure their supply of rare earth metals.
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Wednesday, March 02, 2011
The Core Growth Stocks of the Gold/Silver Bull Market / Commodities / Gold and Silver 2011
With the bull market in precious metals likely to accelerate in the coming years, folks should turn a great of their attention towards finding the growth stocks of the bull market. We are talking about your Ciscos and Microsofts. These are the stocks one can hold for at least several years.
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Wednesday, March 02, 2011
Gold and Silver Sunny Days, Marc Faber Top Busted, Elliott Wave Wrong as Usual / Commodities / Gold and Silver 2011
"In the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy." -- Fran Lebowitz
About a month ago Marc Faber called a top in gold and said he was looking for a correction back to 1,100.00. Three weeks ago the Aden Sisters said that this wave up in gold had topped. A week ago they said they were "watching" it. Elliot Wave has called an end to the bull market in gold on numerous occasions. Is it any wonder that the public is so late to get in on the move higher and so quick to abandon a long position? Personally I can't find any evidence to support the hypothesis that this secondary leg up in a primary gold bull market is over.
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Wednesday, March 02, 2011
Gold and Silver on the Move / Commodities / Gold and Silver 2011
Silver in the pre-market today climbed to new bull market highs at $34.52, while gold prices popped above a key 11-week resistance line off of its Dec 7 high at $1,431.70.
This bodes well for higher prices that propel gold -- and the SPDR Gold Share (GLD) -- to new highs in the upcoming hours/days. Meanwhile, silver and the iShares Silver Trust ETF (SLV) point towards upside continuation towards a confrontation with the upper trendline of its multi-month up-slanted price channel, now at $35.30 in spot silver. Only a decline that breaks $32.40/30 will begin to compromise the near term bullish scenario.
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Tuesday, March 01, 2011
Gold Silver Jump to Near Record Highs on New Oil Crisis / Commodities / Gold and Silver 2011
THE PRICE OF GOLD jumped in London trade on Tuesday, hitting the highest level since last Dec.'s all-time peak as Western stock markets fell and Brent crude oil rose towards new two-year highs.
Overnight, the Libyan state-run National Oil Co.'s chief Shukri Ghanem said the country's oil output has halved since anti-government protests began.
Tuesday, March 01, 2011
Top in Stocks and Silver? / Commodities / Gold and Silver 2011
High volatility seen in commodities market in the past week attributes toward ongoing social and economical developments in the Middle East. There are ominous reports of thousands of people killed in Tripoli as anti-government protests reached the Libyan capital for the first time. The Libyan government attacked protesters, and rebels claimed control of the second-biggest city, Benghazi. Tens of thousands of Bahraini protesters marched in the capital demanding democracy.
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Tuesday, March 01, 2011
Mideast Crisis Update: Don't Count on the Saudi Crude Oil Supply / Commodities / Crude Oil
Kent Moors writes: As the autocratic rule that has dominated the Middle East for decades continues to unravel, volatility in the global oil markets continues to point toward one overriding concern: How can we maintain an oil-flow balance in the face of this escalating uncertainty?
Global oil prices spiked to their highest levels in more than two years on Friday because of worries that the unrest and resulting production curbs in Libya would spread to other oil-exporting countries.
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Tuesday, March 01, 2011
Silver Rises to New Nominal 30-Year High of $34.44/oz; Italian Banks Want Protection of Gold Reserves / Commodities / Gold and Silver 2011
Silver has risen another 1.4% today to a high of $34.44/oz and above the 31-year interday high of $34.33/oz reached last Tuesday (February 22nd). Silver is higher in all currencies this morning, especially the Japanese yen. The news that Saudi Arabia may be sending tanks to crush anti-government protests in Bahrain saw buying of silver, gold and oil.
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Tuesday, March 01, 2011
Global Gold Production and the Australian Gold Stocks Sector / Commodities / Gold & Silver Stocks
The production base of the emerging Australian gold stocks has been growing significantly of late. So have some of the share prices. Australia now boasts a number of new producers successfully ramping up their operations here and abroad, in the process posting strong capital growth for investors. Having covered this sector since early 2006 and been invested since 2001 I have been able to watch this sector more closely than most. Mines take years to bring through discovery, development, commissioning, ramp up and finally to full production. Therefore the response to higher metal prices is delayed considerably.
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Tuesday, March 01, 2011
Ban Crude Oil Imports for Energy Security? / Commodities / Crude Oil
I came across an interesting editorial at Houston Chronicle dated Feb. 26 written by Yale Graduates Energy Study Group discussing energy security and independence.
In the article, the authors propose a federal policy (the "limits" policy) to withdraw U.S. crude and products imports from the world oil market, for example, in a 10-year period. During that period, all imports would be phased out to zero except Canada, whose pipelines run almost exclusively south into the U.S.
Tuesday, March 01, 2011
Is Orange Juice Approaching A Double Top? / Commodities / Commodities Trading
Over the past year, orange juice futures have roughly doubled, and could rise some more as the US Department of Agriculture (USDA) in February cut its forecast for the US orange crop following a series of winter storms and frosts in Florida.
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Tuesday, March 01, 2011
Libya Value And Growth Opportunities From Oil and Gas Normalization / Commodities / Crude Oil
OVERVIEW
In the 10 – 15 days from today's date the following is likely and possible: -
Announcement of plans to recover and relaunch Libyan oil and refined products export
Quick recovery of export capacity of natural gas as well as crude and refined products
New democratic Libyan state and constitution plans announced with approx. 6-month horizon
Tuesday, March 01, 2011
Solid Gold Stock Picks / Commodities / Gold & Silver Stocks
Toronto-based Ubika Research is making a name for itself on Bay Street. The firm launched its Gold 50 Index in February 2010 and by year-end, the high-potential gold juniors on that list were up a combined 99%. Ubika Cofounder and Analyst Vikas Ranjan returns to The Gold Report for a discerning look at the ongoing turmoil in the Middle East, its possible effect on metals markets and several promising junior explorers and producers in this exclusive interview.
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Tuesday, March 01, 2011
Libyan Oil Is A Red Herring: Unless The Saudis Have a Sulk…Or Worse! / Commodities / Crude Oil
According to dispatches the recent events shut-down 75% of Libya’s oil exports. If the situation deteriorates into a full blown civil war then the output could dwindle to nothing.
On top of that, when the UN Security Council starts talking about sanctions; you know you are in for a long haul. What that really means is whilst they “disapprove” they won’t do anything of any practical value to help resolve the violence; case-in-point Iran; which has had sanctions in one form or another for thirty years; and look what that “achieved”.
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