Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, September 21, 2012
Gold Uptrend Intact, Bullion Sentiment Buoyed by Inflation Fears / Commodities / Gold and Silver 2012
WHOLESALE gold bullion prices held above $1770 an ounce Friday morning in London, a few Dollars below six-month highs hit earlier in the week, while stocks and commodities were also broadly flat ahead of a meeting between the leaders of Spain and Italy, with press reports suggesting plans are being discussed for a Spanish bailout.
Heading into the weekend, spot gold would make its fifth straight weekly gain if it closes above $1770 per ounce later today, while gold in Euros remained within 1% of last year's all-time high this morning.
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Friday, September 21, 2012
How High Can Gold Go? / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,773.75, EUR 1,361.28, GBP 1,089.19 per ounce.
Yesterday’s AM fix was USD 1,760.00, EUR 1,360.33 and GBP 1,088.03 per ounce.
Silver is trading at $34.71/oz, €26.84/oz and £21.42/oz. Platinum is trading at $1,638.50/oz, palladium at $670.30/oz and rhodium at $1,250/oz.
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Friday, September 21, 2012
Government and Gold confiscation: Tips to protect your assets / Commodities / Gold and Silver 2012
My advice to everyone is simple and clear: “Get out of the current financial system, avoid paper money and the banking system in general and move into physical precious metals.” David Stockman has put it this way: “ABCD – Anything Bernanke Cannot Destroy!”
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Friday, September 21, 2012
The Gold Standard: A Panacea or More Malaise? / Commodities / Gold and Silver 2012
Kira McCaffrey writes: The debt clock keeps on ticking. The U.S. federal debt recently surpassed the $16 trillion level and is still rising. The Republicans ushered the idea of a return to the gold standard to the center stage at their Tampa convention last month. Some see a return to the gold standard as a panacea to instill fiscal responsibility by our elected officials. While there are no easy answers or simple solutions to the massive debt crisis America faces, could a return to the gold standard be the answer? Let's take a look.
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Friday, September 21, 2012
Gold and Silver Benefit From a Shift in Fiat Currencies / Commodities / Gold and Silver 2012
We recall with some nostalgia that it was last year on September 6, that gold hit an all-time high of $1,923. This of course reminds us that a month before that the credit agency Standard & Poor's stripped the United States of its AAA rating on its bonds after partisan wrangling over raising the government's debt limit led the nation to the brink of default. And now in addition to nostalgia we get a feeling of déjà vu. The U.S. recently received another warning of a credit downgrade, this time from Moody's Investors Service. The credit agency said last Tuesday that it would most likely cut its Aaa rating on United States government debt, probably by one notch, if Washington's budget negotiations failed. This does not bode well for the U.S. dollar in the long run.
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Thursday, September 20, 2012
Euro-Gold Just 1% Off Record High, "Gold Is Money" / Commodities / Gold and Silver 2012
WHOLESALE PRICES to buy gold using US Dollars or British Pounds fell Thursday morning to trade just 1% below their 7-month highs of the last week.
Commodity prices dropped once again with Asian and European equities, while major-economy government bonds rose after new data showed Chinese factory output falling and Europe's private-economy contracting at the fastest pace in 3 years.
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Thursday, September 20, 2012
'Golden Cross' For Gold and Silver Signals Further Gains / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,760.00, EUR 1,360.33 and GBP 1,088.03 per ounce.
Yesterday’s AM fix was USD 1,774.50, EUR 1,361.44 and GBP 1,092.54 per ounce.
Silver is trading at $34.31/oz, €26.61/oz and £21.28/oz. Platinum is trading at $1,619.50/oz, palladium at $663.50/oz and rhodium at $1,225/oz.
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Thursday, September 20, 2012
You Can Drill All You Want, Oil Prices Are Still Headed Higher / Commodities / Crude Oil
Dr. Kent Moors writes: Today I want to focus again on oil prices. It seems that some TV pundits have never heard (with apologies to Alexander Pope) that a little knowledge is a dangerous thing.
Some people on Wall Street believe that by scaring the individual investor they stand to make a greater profit for themselves.
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Thursday, September 20, 2012
Gold Capped Ahead of Election / Commodities / Gold and Silver 2012
It looks like there will be an attempt to cap gold and silver until the election or Kingdom come, whichever comes first. Some days it is hard to tell. The elites of the world seems quite determined to have another go at provoking destruction on a massive scale to escape the ennui of another Great Depression, successfully achieved once again.
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Thursday, September 20, 2012
Agricultural Commodity Markets Inflationary Peak Forecast 2013 / Commodities / Agricultural Commodities
Agricultural commodities prices resumed upward trends in June 2012, largely due to drought conditions in key global farming areas on top of existing low inventories. Extreme global conditions continue, with the period June-August of 2012 the hottest such period historically on record.
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Thursday, September 20, 2012
Can Dividends Cure Gold Stocks Hangovers? / Commodities / Gold and Silver 2012
A market hangover may be causing suffering among gold mining equities, but there are still some cash-rich companies beguiling investors with record-breaking dividends. Dividend distributions are up by about one-third year-on-year from many major mining companies, according to David Christensen, chief executive and president of ASA Gold and Precious Metals Limited. The Gold Report spoke with Christensen at the Denver Gold Forum in this exclusive interview.
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Wednesday, September 19, 2012
The Fed’s Balance Sheet Puts Gold and Silver on the Warpath / Commodities / Gold and Silver 2012
After remaining calm for most of the summer, precious metals have been on the warpath like they have something to prove. Their move started last month and accelerated with the Federal Reserve’s latest quantitative easing program. The central bank’s third attempt to print prosperity has spurred a new round of balance sheet analysis and gold price targets.
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Wednesday, September 19, 2012
Gold Exhibits Strength! / Commodities / Gold and Silver 2012
Man is least himself when he talks in his own person. Give him a mask, and he will tell you the truth. - Oscar Wilde
This morning the Japanese came out with more easing and it comes on the heels of what China, the ECB and the Fed announced last week. Does anyone see a pattern here? The whole world is once again awash in liquidity. All of this serves to support stocks, commodities and gold although stocks and commodities have been surprisingly flat for the last two sessions. Maybe today will be different. One thing that has been strong, and remains surprisingly strong, is gold. Gold has been heading higher every since it tested the strong support at 1,522.20 way back in May:
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Wednesday, September 19, 2012
ECB Debasement Is Akin To Work Of Devil – Risk Of “Rapid Currency Depreciation” / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,774.50, EUR 1,361.44 and GBP 1,092.54 per ounce.
Yesterday’s AM fix was USD 1,756.75, EUR 1,344.31 and GBP 1,081.81 per ounce.
Silver is trading at $34.66/oz, €26.76/oz and £21.48/oz. Platinum is trading at $1,632.00/oz, palladium at $666.70/oz and rhodium at $1,300/oz.
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Wednesday, September 19, 2012
Gold Seen Breaching $1800 / Commodities / Gold and Silver 2012
THE SPOT gold price fell to $1772 an ounce Wednesday morning in London, a few hours after hitting its highest level for nearly seven months after the Bank of Japan became the latest central bank to announce further quantitative easing measures.
"It seems that the stars are now aligned for gold to move higher," says Anne-Laure Tremblay, analyst at BNP Paribas.
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Wednesday, September 19, 2012
Very Bullish Long-Term Outlook for Silver Stocks / Commodities / Gold and Silver 2012
While we have written about Silver here and there, we have not covered it publicly in over a year. The market made an obvious cyclical top last spring and the tremendous gains from late 2008 into 2011 would need to be corrected and digested. From May to July the market tested its lows successfully and formed support. The recent advance confirmed the lows and confirms that we are likely in a new cyclical bull market. Based on the technicals, Silver and silver stocks continue to show tremendous long-term potential.
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Wednesday, September 19, 2012
Why Bernanke Refuses to Let Crude Oil Prices Fall / Commodities / Crude Oil
A prominent symptom of the final deflationary phase of the 60-year/120-year cycle scheduled to bottom in 2014 is, ironically, asset price inflation. While this may seem contradictory at first glance, it makes perfect sense after closer scrutiny. Asset price inflation is the central bank’s response to the destructive undercurrent of economic deflation. It requires a decisive action, as the recent QE3 initiative showed.Read full article... Read full article...
Wednesday, September 19, 2012
How to Find Massively Undervalued Energy Stocks in Today's Irrational Market / Commodities / Energy Resources
Bob Moriarty knows his own mind, and his frank, no-nonsense commentary has won him a large following of devoted fans—not to mention a track record of outstanding returns on investment. In this exclusive interview with The Energy Report, the irreverent, irrepressible 321energy.com founder shares his take on energy markets. Although he describes today's markets as the most irrational he's ever witnessed, he asserts that energy stocks—many of them massively undervalued—are bound to reward long-haul investors like himself. "You don't have to pick stocks in this environment," he advises. "Just take a dart and throw it."
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Tuesday, September 18, 2012
Arab Spring and Crude Oil Prices / Commodities / Crude Oil
Crude oil prices hit a four-month high this week on the back of rising tensions in the Middle East and North Africa and the unfortunate murder of the U.S. ambassador to Libya. Added impetus on the upside was given to oil by the announcement of more money printing (QE3) by the Federal Reserve which said it would launch an open-ended commitment to purchase $40 billion of mortgage-backed securities monthly.
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Tuesday, September 18, 2012
Gold Falls Back "On Profit Taking" / Commodities / Gold and Silver 2012
SPOT MARKET prices quoted for gold bullion traded just below $1760 an ounce Tuesday morning in London, 1% off the high hit last week after the US Federal Reserve announced its new open-ended asset purchase program.
"Immediate bullish upside momentum will be maintained while the gold price trades above Thursday's low at $1723.69," reckons Axel Rudolph, senior technical analyst at Commerzbank.
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