Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, September 10, 2012
Gold Primary Trend Continues To Advance / Commodities / Gold and Silver 2012
By: Submissions
Education: that which reveals to the wise, and conceals from the stupid, the vast limits of their knowledge- Mark Twain
Gold continued to make good headway during the week in spite of warnings that it was overbought and/or a risky venture. The yellow metal began the week on Tuesday at 1,687.60 and closed on Friday at 1,737.60. There were attempts to sell it along the way and they were met with strong buying as has been the custom. In this world of hype and misinformation there is only one real port in the storm, and that’s gold. That didn’t change this week. Gold moves higher in spite of the rhetoric to the contrary and in spite of the fact that few understand what moves it, and even fewer own it. I listen to pundit after pundit call tops to the bull market and yet they forget that the general public doesn’t own any gold. Then they’ll tell you that the public will never buy gold. I maintain that if the public was stupid enough to buy into the NASDAQ craze, and they were, they’ll be smart enough to buy gold.
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Monday, September 10, 2012
Silver Price Hits Multi-Month High / Commodities / Gold and Silver 2012
By: Chris_Vermeulen
The price of silver reached a 5-month high this past week as investor interest seems to have been rekindled in both gold and silver as belief in financial markets increases that the latest round of monetary easing from the Federal Reserve – QE3 – will soon be on its way. Many investors had largely stayed away from silver in recent months after some had got caught up in its volatility. Silver had touched a 30-year high in April 2011 before plunging 35 percent in a few short weeks.
Monday, September 10, 2012
Gold and Silver Price Slips But "Set to Benefit" If Fed Begins QE3 This Week / Commodities / Gold and Silver 2012
By: Adrian_Ash
THE WHOLESALE gold price drifted lower to $1730 per ounce Monday morning in London, some ten Dollars below Friday's six-month high.
Stock markets were broadly flat and US Treasuries fell, meantime.
The silver price dipped below $33.50 per ounce – around 20 cents below last week's close – while other commodities were broadly flat, with the exception of copper, which posted gains.
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Monday, September 10, 2012
Gold New Euro Record High / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,732.75, EUR 1,355.09, and GBP 1,082.63 per ounce.
Friday’s AM fix was USD 1,696.00, EUR 1,337.75 and GBP 1,062.06 per ounce.
Silver is trading at $33.50/oz, €26.32/oz and £21.05/oz. Platinum is trading at $1,596.50/oz, palladium at $655.70/oz and rhodium at $1,025/oz.
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Monday, September 10, 2012
As The Euro Tumbles, Spaniards Look To Gold Bars / Commodities / Gold and Silver 2012
By: Peter_Schiff
J. Luis Martin writes: The unremitting deterioration of the eurozone's sovereign debt landscape continues to fuel uncertainties about the longevity of the euro as a strong currency. Such uncertainties are not only leading to capital flight from the EMU's periphery to the core and destabilizing markets worldwide, but they are also beginning to frighten southern European savers into seeking refuge outside their 10-year-old currency.
Monday, September 10, 2012
Gold Bugs and Anti-Gold Bugs, It's a Fight for Civilization / Commodities / Gold and Silver 2012
By: Gary_North
A recent article by David Weiner on the MarketWatch site reminded me of just how weak the economic arguments against the gold standard are. Its title: "A Fool's Gold Standard." I examined this article here.
The arguments by American critics of a gold standard all rest on this unstated presumption.
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Saturday, September 08, 2012
Gold Investing Lessons from Banking School / Commodities / Gold and Silver 2012
By: The_Gold_Report
Mike Niehuser, founder of Beacon Rock Research, incorporates his banking school background into his mining industry analysis. In this exclusive interview with The Gold Report, he assesses the macroeconomic situation from a banker's perspective, explains why he is convinced gold is ready to take off and shares the names of companies poised to profit from mining in the northwestern United States.
The Gold Report: You were at the Pacific Coast Banking School last Friday when gold prices dipped and then surged on Federal Reserve Chairman Ben Bernanke's comments. Why are you attending banking school?
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Friday, September 07, 2012
Gold Stocks Breakout / Commodities / Gold and Silver 2012
By: Zeal_LLC
After weathering a long consolidation followed by a major correction, gold stocks remain deeply out of favor today. But this bearish sentiment is slowly yielding as gold powers higher in its usual autumn rally. Gold stocks are starting to show signs of life again. And after their strong advance since late July, they are now on the verge of a major upside breakout. Odds are this event will herald a major new upleg.
Friday, September 07, 2012
Will US Face Power Blackouts as Drought Hits Electricity Generation? / Commodities / Electricity
By: OilPrice_Com
Well, its official - the U.S. government has acknowledged that the U.S. is in the worst drought in over 50 years, since December 1956, when about 58 percent of the contiguous U.S. was in moderate to extreme drought.
According to the National Oceanic and Atmospheric Administration National Climatic Data Center's "" report, "Based on the Palmer Drought Index, severe to extreme drought affected about 38 percent of the contiguous United States as of the end of July 2012, an increase of about 5 percent from last month... About 57 percent of the contiguous U.S. fell in the moderate to extreme drought categories (based on the Palmer Drought Index) at the end of July... According to the weekly U.S. Drought Monitor, about 63 percent of the contiguous U.S. (about 53 percent of the U.S. including Alaska, Hawaii, and Puerto Rico) was classified as experiencing moderate to exceptional (D1-D4) drought at the end of July."
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Friday, September 07, 2012
Commodity Investing in a Time of Rising Resource Nationalism / Commodities / Resources Investing
By: Roger_Conrad
“Ever-deeper, ever-further” has been the mantra of major natural resource producers over the past decade, as emerging Asia has replaced the US as the world’s single biggest consumer and driven demand to new heights.This unprecedented expansion hasn’t always driven up costs. In fact, major producers of everything from copper to platinum are uncovering some of the richest reserves yet seen with their massive investment. That’s helped keep a lid on companies’ overall production costs, which in turn has aided further investment. It has, however, elevated resource nationalism risk to heights not seen since the 1970s, when countries such as Chile expropriated assets from investors domestic and foreign.
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Friday, September 07, 2012
Gold Imports To China From Hong Kong Double Again On Safe Haven Demand / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,696.00, EUR 1,337.75, and GBP 1,062.06 per ounce.
Yesterday’s AM fix was USD 1,708.50, EUR 1,355.09and GBP 1,074.53 per ounce.
Friday, September 07, 2012
The Anti-Gold Fool / Commodities / Gold and Silver 2012
By: Gary_North
David Weidner wrote a piece for MarketWatch: "Fool's Gold Standard."
It was standard stuff, i.e., a combination of economic stupidity, attempted cleverness, and the rhetoric of contempt.
It deserves my special treatment, which I reserve for mainstream media journalists who hate the idea of a world not run by the Federal Reserve and who try to be clever. Weidner is not clever.
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Friday, September 07, 2012
Rare Earths Free Fall From Dizzying Heights / Commodities / Rare Earths
By: Anthony_David
The soaring prices of rare earth metals and uncertain supply forecasts due to Chinese quota restrictions dominated discussions in the first half of 2012. Since then, the rare earths market has been in free fall. Experts predict that the current scenario could play out for a year before we see a turnaround of fortunes.
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Friday, September 07, 2012
The Chinese Steel Production Paradox / Commodities / Steel Sector
By: Anthony_David
With demand for steel on the wane, producers across the world have reported losses or sharp drops in profitability. The slowdown in the steel market has been attributed to the slowdown in the Chinese economy, the ongoing euro zone crisis and a sluggish U.S. economy. Though China, the largest consumer of steel has taken measures to boost its economy, it is not expected to result in an increased demand for steel in the short term.
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Thursday, September 06, 2012
Russia Stock Piling Gold for a New Trading Currency / Commodities / Gold and Silver 2012
By: Jesse
The markets in general paused before the ECB announcement tomorrow and the Non-Farm Payrolls number in the US on Friday.
Early today there was a violent 7.6 magnitude earthquake in Costa Rica, but fortunately the damage was contained, there were few deaths, and there were no tsunamis. This is good news.
Thursday, September 06, 2012
JPM and Goldman Forecast Gold Price $1,800/oz By Year End / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,708.50, EUR 1,355.09, and GBP 1,074.53 per ounce.
Yesterday’s AM fix was USD 1,689.50, EUR 1,349.23 and GBP 1,065.26 per ounce.
Silver is trading at $32.55/oz, €25.94/oz and £20.55/oz. Platinum is trading at $1,582.50/oz, palladium at $644.80/oz and rhodium at $1,025/oz.
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Thursday, September 06, 2012
Investing in Silver: Strong Signals for Price Rally / Commodities / Gold and Silver 2012
By: Money_Morning
Don Miller writes:
Gold remains the favorite of precious metals investors, but silver is now a strong number two...with a bullet.
That means you should consider investing in silver now before it goes even higher.
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Thursday, September 06, 2012
Why the U.S. Drought is Hitting Harder Than Most People Realize / Commodities / Agricultural Commodities
By: Money_Morning
Chris Martenson writes: This is an important update on the U.S. drought of 2012 and its impact on food prices, water availability, energy, and even U.S. GDP.
Even though the mainstream media seems to have lost some interest in the drought, all of us should continue to be aware of it since its ramifications are far-reaching.
Thursday, September 06, 2012
Gold Hits Near-Record Euro Highs as Markets Jump on ECB Anticipation / Commodities / Gold and Silver 2012
By: Adrian_Ash
The WHOLESALE gold price reached new 6-month highs in Asian and London trade Thursday morning at $1713 per ounce, rising alongside most other financial assets as traders awaited the European Central Bank's latest policy decision – widely expected to unveil a quantitative easing-style program of buying weaker government bonds.
After a Bloomberg leak claimed Wednesday that the ECB will begin "Monetary Outright Transactions" – buying Italian and Spanish debt to reduce their borrowing costs – the published announcement simply kept Eurozone interest rates unchanged.
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Thursday, September 06, 2012
Gold Price Breakout - But Don't Look for the Gold Standard to Be Reinstated / Commodities / Gold and Silver 2012
By: Chris_Vermeulen
For the first time in over 30 years, talk of a return to the gold standard has become part of mainstream politics in the United States. Part of the official Republican policy adopted it at the recent Republican Convention and called for the commission to look at reestablishing the link between gold and the U.S. dollar. No doubt that plank was added to soothe supporters of Texas Congressman Ron Paul.