Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, July 12, 2010
Gold Slips But Smart Money Slashes Short Position to 19-Month Low / Commodities / Gold and Silver 2010
THE SPOT PRICE of wholesale gold bullion slipped in Asian and early London trade on Monday, holding above $1200 an ounce – and holding 1.4% above last Wednesday's 7-week low – as world stock markets extended their four-session rise.
The Dollar slipped on the currency market, but US Treasury bonds ticked higher, nudging 10-year yields down to 3.04%.
Monday, July 12, 2010
Gold and Markets Await Inflation Figures from Eurozone, UK, US and China / Commodities / Gold and Silver 2010
Gold is lower in Asian and early European trading on low volume as the dollar has risen and renewed risk appetite has resulted in tentative gains in equity markets. Gold's marginally higher weekly close last week was positive from a technical point of view and could lead to follow through this week as momentum following traders and funds "make the trend their friend".
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Monday, July 12, 2010
Silver Heading for Price Crash to $9 / Commodities / Gold and Silver 2010
To put it mildly, more than a telescope will be needed to find the silver lining on the silver charts posted in this update.
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Monday, July 12, 2010
Gold Prices Have Peaked? / Commodities / Gold and Silver 2010
Jon D. Markman writes: If you think gold prices have peaked, think again. Gold may have fallen from its June 18 record high of $1258.30 an ounce, but the yellow metal is in for the long haul.
In fact, Credit Suisse Group AG (NYSE ADR: CS) has increased its long-range forecast for gold, arguing in a new report that prices should remain near current levels for at least the next four years.
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Monday, July 12, 2010
Gold and Commodiies Being Hit by Second Wave of Deflation Fear / Commodities / CRB Index
Below is the CRB index, monthly basis, for the past 15 years showing the beginning of the (second) upswing of the commodity pendulum. (This is the real CRB index, the one which was started in 1955 and weighs the different commodities equally, not one of the modern variants which overweigh the energy group.)
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Monday, July 12, 2010
Barrick Gold Corporation and Goldcorp Incorporated Hedging Silver / Commodities / Gold & Silver Stocks
The following is a comment received from one our readers regarding Barrick Gold Corporation (ABX) and Goldcorp Incorporated (GG) regarding their agreements with Silver Wheaton Corporation (SLW) to forward sell their silver and reads as below:
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Sunday, July 11, 2010
The Cloud With A Silver Lining / Commodities / Gold and Silver 2010
With all the conflicting forces in the markets today it is difficult to see where real long term value might be hiding. No one is hard pressed for opinions about what to buy or sell, but a large percentage of those opinions are based on short term momentum ideas and not long term value.
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Sunday, July 11, 2010
Gold Paradox, Performs Well In Both Monetary Inflation and Deflation / Commodities / Gold and Silver 2010
The average punter understands the first graph. Gold increases in price in times of monetary inflation, because as an alternative store of wealth it provides a safe haven from central bank debasement of the currency.
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Sunday, July 11, 2010
Solar, The World’s Most Reliable Energy Source / Commodities / Renewable Energy
David Fessler writes: Across the northeastern portion of the United States, the expletives are flying!
The reason for it is the stifling heatwave that has held the region in a sweaty, vice-like grip for the past several days. Temperatures in New York, Boston, Philadelphia, Washington, D.C. and Baltimore all cracked triple-digit territory for three straight days this week.
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Sunday, July 11, 2010
Gold Taking a Breather After Recent Plunge / Commodities / Gold and Silver 2010
After a sharp drop leading into the long weekend last week gold seemed to have just taken a breather and moved sideways this week. I guess we’ll just have to wait and see what the next week brings.
TIME PERIODS
As you may have noticed while reading these commentaries they are separated into three time periods called long term, intermediate term and short term. Why bother, you might ask.
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Sunday, July 11, 2010
Why Natural Gas Will Replace Coal And Possibly Crude Oil In The Future / Commodities / Natural Gas
Natural gas in the past few years has been becoming increasingly popular due to reduced emissions, high efficiency, and effective and easy usage in all sectors of the economy .Also natural gas industry has been greatly helped by the Green movement , that wants the developing and developed nations to cleaner sources of energy.
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Saturday, July 10, 2010
Crude Oil Tracks Stocks Upwards to Close Week Above $76 a Barrel / Commodities / Crude Oil
Crude oil futures finished the week on a positive note, tracking stocks upward after hitting the low for a month earlier in the week.The benchmark West Texas intermediate contract settled Friday at $76.09 a barrel, up 65 cents on the day. On Tuesday, the contract declined for the sixth session in a row, closing at $71.98, its first dip below $72 in a month.
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Saturday, July 10, 2010
Theories of Relativity for Buying Gold and Silver Stocks / Commodities / Gold and Silver 2010
Stansberry & Associates Investment Research founder Porter Stansberry, who built his reputation on finding safe-value investments poised to give his followers years of exceptional returns and also has a reputation as an independent thinker with a penchant for "out-of-consensus" viewpoints, has tweaked his toolkit to help investors hedge a bit against volatility while protecting themselves against the collapsing fiat currency system. In this exclusive Gold Report interview, he shares some of the techniques that you might consider Porter's own theories of relativity. Buy gold stocks when they're cheap compared to the price of bullion. Stock up on silver when the silver-to-gold relationship soars well past its historic 15:1 ratio. Pick up corporate bonds when they trade at a big discount relative to par.
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Saturday, July 10, 2010
The BIS 382 tonne Gold Swap - Good or Bad for Gold and Why? / Commodities / Gold and Silver 2010
In its 2010 annual report, the Bank of International Settlements said that "gold, which the bank held in connection with gold swap operations, under which the bank exchanges currencies for physical gold," stands at 8,160.1 million in special drawing rights, equivalent to 346 tonnes this year, up from nil in 2009." Apparently this amount has now climbed to 382 tonnes since the report was issued.Read full article... Read full article...
Saturday, July 10, 2010
Why the 21st century will the century of modular nuclear reactors / Commodities / Energy Resources
Maninder Singh Batra writes: In the 20th century , the age was oil and coal , and with the birth of nuclear power .to achieve economies of scale with nuclear power generation , large monolithic reactors were used. But these large monolithic plants were costly ,took large time to build and were capital intensive .
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Saturday, July 10, 2010
Gold, Double Stock Dips and Double Silver Tops / Commodities / Gold and Silver 2010
You read a lot recently about “double dip” and it does not refer to two scoops of ice cream, or to the Jerry Seinfeld episode when George takes a large tortilla chip, dips it into a bowl of dip, bites into it and dips it into the bowl again, much to the utter disgust of the person standing next to him.
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Saturday, July 10, 2010
Gold Bubble Talk is Just Fear Mongering / Commodities / Gold and Silver 2010
Many market participants and commentators are obviously having a hard time distinguishing between a bull market and a bubble. More and more articles are referring to the imminent burst of the “gold bubble” and to an alleged “crowded trade” but the facts quickly put such fear-mongering into perspective.
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Saturday, July 10, 2010
Gold's Seasonal Cycle, Time to Buy? / Commodities / Gold and Silver 2010
Buying gold in July or August only failed to pay once by year's-end since this bull market began...
SO WE GOT an abrupt switch in the short-Euro, long-gold trade last week.
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Friday, July 09, 2010
Gold Market Manipulated by U.S. Treasury and the Federal Reserve Bank / Commodities / Gold and Silver 2010
Recently we were again witness to three gold market takedowns. The first was engineered just prior to and into gold and silver options expiration. Then prior to the ETF GLD gold option expiry and the last manipulative attack commenced just prior to the dreadful unemployment housing and inventory statistics. This sort of action began in 1988 with the signing of the Executive Order by President Ronald Reagan entitled the President’s Working Group on Financial Markets,” ostensibly created to neutralize events such as the October 1987 collapse of the US stock market.
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Friday, July 09, 2010
Gold and Silver Rally as Scrap Sales Dry Up / Commodities / Gold and Silver 2010
SPOT-MARKET PRICES for wholesale gold crept back above $1200 an ounce in London on Friday, recovering half of this week's 2.2% drop as world stock markets pushed higher again.
The US Dollar and Japanese Yen both rose against the Euro and British Pound, while German bunds and UK gilts rose on weak inflation data, nudging yields lower.