Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, April 17, 2012
Gold Fear vs Love / Commodities / Gold and Silver 2012
Why do people choose to own gold?
As I see it, there are two reasons for owning gold: one out of love, the other out of fear.
When looking at gold investment we see similar parallels drawn between past and present, East and West. The difference is, in the words of James Turk, ‘What money is and what money has become.’
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Tuesday, April 17, 2012
Big Opportunity in Big Oil: Total (NYSE: TOT) / Commodities / Oil Companies
On March 25, France-based Total announced that it had detected a natural gas leak at its Elgin Platform in the UK portion of the North Sea, about 240 kilometers (150 miles) from the Scottish coast near Aberdeen. The company shut in the wells surrounding the platform and evacuated all personnel safely with no reported injuries. Total also set up a 2-mile safety perimeter around the field to protect passing boat traffic from danger.Read full article... Read full article...
Tuesday, April 17, 2012
Gold Bearish Trend Remains, Silver sees Comex Warehouse Stocks Surge to 10-Year Highs / Commodities / Gold and Silver 2012
SPOT MARKET gold prices were hovering just above $1650 an ounce ahead of Tuesday's US trading – in line with where they have spent most of the last month – while stock markets in Europe ticked higher following Spain's successful auction of short-term Treasury bills.
"Gold remains in a bearish trend so long as it stays below $1697, which was the most recent top on March 27," say technical analysts at bullion bank Scotia Mocatta.
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Tuesday, April 17, 2012
The Future of Gold and Money, Paper Dollar and Euro Will Debase in a Big Way / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,652.00, EUR 1,255.51, and GBP 1,035.54 per ounce. Friday's AM fix was USD 1,648.25, EUR 1,266.03 and GBP 1,040.69 per ounce.
Silver is trading at $31.72/oz, €24.15/oz and £19.88/oz. Platinum is trading at $1,568.68/oz, palladium at $650.20/oz and rhodium at $1,350/oz.
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Tuesday, April 17, 2012
Are Gold Stock Fundamentals Still Bullish? / Commodities / Gold & Silver Stocks
In the face of a correction or poor price action, we'll often hear analysts proclaim the bullish fundamentals of precious metals. While this is true on a structural and secular basis, it doesn't mean the market always advances every year or two. We've written about the wall of worry phase and how progress in the second third of a bull market is limited. The HUI hasn't made any net progress in the past four and a half years. It has actually made only limited progress since 2006! Furthermore, the typical corrections in this sector are wicked. Corrections of 25% are routine and happen several times per year. As we noted in our last editorial, this market has endured several 40% setbacks. As market observers and investors we need to be especially diligent about the near-term fundamentals and weigh them with the present risk/reward of the market.
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Monday, April 16, 2012
Where’s the Beef for Gold Stocks? / Commodities / Gold & Silver Stocks
Gold bulls have plenty of room to graze in the stockyard these days as the investing herd migrated to other assets during the market’s steep climb in 2012. For the fourth time in the past year, gold bears outnumbered the bulls in Bloomberg’s weekly Gold Bull/Bear Sentiment Survey. In fact, the bears had the bulls outnumbered by almost 2-to-1.Read full article... Read full article...
Monday, April 16, 2012
Gold, Silver and Copper Stocks Investing Strategie / Commodities / Gold & Silver Stocks
Precious and base metal companies both have to obey the basic laws of physics and economics to be profitable. In this exclusive interview with The Gold Report, geologist turned analyst Vishal Gupta of Fraser Mackenzie shares names of small-cap companies that could successfully take advantage of unique mineralogy to produce profitable mines.
The Gold Report: You are an analyst and a geologist. Can you explain the fundamentals behind investing in base metals compared to precious metals?
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Monday, April 16, 2012
IMF Credits Gold as a Safe-Haven Asset / Commodities / Gold and Silver 2012
The International Monetary Fund recently said that it expects commodity prices to fall this year as the global economy remains weak. In the organization’s World Economic Outlook, it said, “Sizable downside risks to global growth also pose risks of further downward adjustment in commodity prices.” The ongoing European debt crisis is slowing creeping back into focus as Spain faces rising interest rates. While safe-havens in the current financial system are limited, the IMF recognizes gold as an option for investors seeking portfolio protection.
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Monday, April 16, 2012
Does Gold Ever Pay? / Commodities / Gold and Silver 2012
Is it fair to characterize gold bullion as an investment...?
WHY BOTHER investing? Five years into the financial crisis – and more than a decade after the US market hit its big top in real terms – you might well ask. Especially now that cash, bonds, Treasuries and stocks pay between zero and sweet nothing in yield, just like gold bullion.
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Monday, April 16, 2012
"Euro Crisis Back" as Spanish Yields Spark "Renewed Market Panic" / Commodities / Gold and Silver 2012
WHOLESALE gold bullion prices traded just below $1650 an ounce for most of Monday morning's London session – well within the past month's range – as European stock markets edged higher while commodities fell.
The Euro meantime sank to a two-month low against the Dollar, as investors turned their attention to rising Spanish government borrowing costs.
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Monday, April 16, 2012
Gold Consolidating Over Euro 1,200 As Spanish 10 Year Bond Yield Hits 6.15% / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,648.25, EUR 1,266.03, and GBP 1,040.69 per ounce. Friday's AM fix was USD 1,670.50, EUR 1,269.86 and GBP 1,048.91 per ounce.
Silver is trading at $31.48/oz, €24.16/oz and £19.87/oz. Platinum is trading at $1,571.50/oz, palladium at $638/oz and rhodium at $1,350/oz.
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Monday, April 16, 2012
The Case For Cheap Gold! / Commodities / Gold and Silver 2012
I want to spend a lot of time talking about gold and looking at it from a different perspective. For years many analysts and gold bugs have made the claim that gold is cheap relative to just about anything else, but they never tell you why. In today’s report I want to deal with the “why” because I think it’s important to understand that if you purchase gold at $1,400, $1,500, $1,600 or even $1,700, it is totally irrelevant. As a first step toward understanding why it’s undervalued, you need to look at the creation of fiat currency in the United States from 1980 to date:
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Sunday, April 15, 2012
The Magical Decline Of Crude Oil Demand / Commodities / Crude Oil
People who like conspiracy theory are well served by the Oil Establishment's ceaseless quest to present world oil supply as sufficient if not 'abundant', denying the evidence of Peak Oil, and accessorily keeping a lid on oil prices. BP, like most of the downsized family of private, nonOPEC, non Emerging country national oil companies, and the energy agencies of the major oil consuming countries spins magical theories purporting to show that oil demand is "withering away". The clan of oil majors once called the Seven Sisters, but today better called the 5 Anxious Dwarfs in oil production terms because all of them are making the Gas Shift away from oil, claims that global oil demand "will shrink to nothing". To be sure, the 5 Dwarfs now control only 12% of world oil production capacity, even if their profits remain impressive, so they like to pretend they dont need Black Stuff anymore.Read full article... Read full article...
Sunday, April 15, 2012
Gold and Silver Heading for New Highs This Year / Commodities / Gold and Silver 2012
OEW has had the Gold market in a long term uptrend since 2001. And, we ‘re not expecting the bull market top until the year 2014. This coincides with the 13 year commodity bull market Secular cycle. We have been posting on this blog, from time to time, on both Gold and Silver. You can find these reports be using the “categories” search function and choosing ”selected charts”.
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Sunday, April 15, 2012
The Criminal Manipulation of Food and Commodity Prices / Commodities / Market Manipulation
Michael Greenberger of the University of Maryland has been an outstanding spokesperson for financial reform. I have carried his interviews before.
He served on the CFTC with Brooksley Born in the late 1990's. This is how I first became aware of his opinions about regulatory matters.
Sunday, April 15, 2012
Gold and HUI Divergences? or Telling the Real Story / Commodities / Gold and Silver 2012
Whilst the US markets continue to whipsaw around, I have been turning my attentions to finding other ideas for solid setups, trades that we can limit small risk and find potentially profitable trades.
As the US markets continue to play havoc with traders, we have been turning more and more to cleaner much more safer markets, such as the FX markets as well as the precious metals.
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Sunday, April 15, 2012
Gold for Preserving Wealth Not Creating Wealth According to Warren Buffett / Commodities / Gold and Silver 2012
The link below will take the reader to a summary of a report by Warren Buffet to shareholders of Berkshire Hathaway. In it, he implicitly makes the point that investors may be regarding gold with too much emotional attachment. http://www.businessinsider.com...
I think that the most significant point Mr Buffett makes is that “wealth creation” is a function of building businesses that satisfy market needs/demands. Businesses are living, breathing multi-cellular organisms that create value regardless of what the stock market is doing.
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Sunday, April 15, 2012
Silver Price Entrenched in Consolidation Pattern Below Key MA and Falling Trendline / Commodities / Gold and Silver 2012
After late February’s dramatic false upside breakout in silver that peaked at the $37.48 level on February 29th stunned many technical traders who were expecting a follow-on rally, its subsequent price action fell into what many analysts considered could be a potentially toppish head and shoulders pattern, which had been forming since the early part of this year.
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Saturday, April 14, 2012
Frustrated Safe Haven Swiss Franc Investors May Soon Turn to Gold and Silver / Commodities / Gold and Silver 2012
The resurgence of concerns over the long term solvency of debt laden Eurozone countries like Greece, Spain, Portugal, Italy and Ireland has led to refreshed selling of the Euro against the other major currencies since early April.
Although the market in EUR/USD now seems to have stabilized just over the psychological 1.3000 level, deep questions remain among international investors as to whether the European Central Bank or ECB will be able to manage the ongoing European debt crisis over the coming few years without the trade bloc disintegrating or the common currency being further devalued by the forex market.
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Saturday, April 14, 2012
Silver Mining Stocks Building for Price Breakout / Commodities / Gold & Silver Stocks
The health of the U.S. economy may not be quite as robust as some government statistics indicate and more stimulus could be on the way, despite what the Fed may be saying. Regardless of which way the economy goes, Chris Marchese, contributor to The Morgan Report, tells us in this exclusive interview with The Gold Report that precious metals will go higher as investors seek protection from the effects of monetary policies that don't work. In the process, he expects that greatly undervalued mining shares of silver producers will again shine in the eyes of investors and highlights several of his favorites at current bargain prices.
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