Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Saturday, April 14, 2012
Gold and Silver Wait Patiently for More Easing / Commodities / Gold and Silver 2012
After having a strong performance the prior day, the markets experienced a broad pullback as growth data from China disappointed investors. Gold prices fell more than 1.5 percent, while silver dropped 3.3 percent.
On Friday, the National Bureau of Statistics in Beijing announced that China’s economy grew at 8.1 percent in the first quarter of 2012, its slowest pace in about three years. Economists were expecting growth of about 8.3 percent and the whisper number was around 9 percent. In comparison, China grew at 8.9 percent in the previous quarter, and 11.9 percent in the first quarter of 2010. Song Yu, China economist at Goldman Sachs explained, “Growth in the first two months was weak. We had some loosening of monetary and fiscal policy in March, but it wasn’t enough to save the quarterly number,” according to the WSJ.
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Saturday, April 14, 2012
U.S. Gas Price Redux / Commodities / Gas - Petrol
It is truly amazing how much can change in four years. Or, more accurately, how little things change in terms of human behavior. Four years ago the US was mired in the last spike in gasoline prices heading into the summer. Virtually every media outlet was conducting daily interviews, polls, and newsbytes about how Mr. and Mrs. Average were dealing with the high gas prices. Today, we have a new norm, and the wires are rather silent on the high gas prices other than quietly reporting the national averages. We as a country have come to be comfortable with $3.50 gas. Gas is one of those strange commodities too because, unlike so many other things, almost everyone has a pretty good idea of the price they paid for their last tankful.
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Saturday, April 14, 2012
The Inter-market Correlations May Prove Insightful for Gold and Silver Investors / Commodities / Gold and Silver 2012
Tuesday marked the worst day of the year for U.S. markets. Stocks fell amid anxiety ahead of earnings season and rising bond yields for Spain and Italy, along with sharp losses for those markets.
The Dow Jones Industrial Average closed down 213.66 points, or 1.7%, resulting in a five-session losing streak. That’s the longest such run of losses since August. It was also the biggest one-day point and percentage drop for the index since Nov. 23. But Wednesday, U.S. stocks rose sharply after an extended losing run as Spanish and Italian bond yields fell.
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Saturday, April 14, 2012
Gold Bullish and Bearish Developments / Commodities / Gold and Silver 2012
Highlights from this week's GFMS Gold Survey 2012 launch…
EARLIER Thomson Reuters GFMS, the world's foremost research firm focusing on precious metals, launched its Gold Survey 2012.
For those weighing up the pros and cons of making a gold investment this year there were both bullish and bearish signals.
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Saturday, April 14, 2012
Investor Gold and Silver Opportunity in Veiled Price Suppression Realities / Commodities / Gold and Silver 2012
“This Decade will be the Decade of Silver.” Eric Sprott
This decade increasingly offers the opportunity to Profit and Protect Wealth provided one is aware of Key Realities that are Veiled from common view.
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Saturday, April 14, 2012
Gold Bullish Technicals, Major Rally Brewing / Commodities / Gold and Silver 2012
Gold has been weathering some considerable selling pressure lately, which has naturally turned sentiment quite pessimistic. Bearish commentary abounds, with all kinds of predictions for further declines. But as is usually the case after any material selloff spooks traders, gold’s technicals are actually very bullish today. Gold’s next move will likely prove to be a major rally.
Gold’s latest selloff started on February 29th when the Fed Chairman’s testimony before Congress convinced traders that a third round of quantitative easing is becoming less likely. Gold plummeted 5.1% on this latest in a long line of irrational QE3 scares, its biggest down day since the stock panic. Over the 6 weeks since, gold has retreated as much as 9.3% at worst (including that initial plunge).
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Friday, April 13, 2012
Gold Holding Up / Commodities / Gold and Silver 2012
Under the circumstances, spot gold is holding up very well amdist a stronger USD and declining equity and commodity markets. Yes, it is a risk-off day, but so far gold has preserved its dominant near-term support lines and levels, which suggests that any lull or reversal in the selling pressure, should work to the advantage of the relative technical "health" of gold.
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Friday, April 13, 2012
Gold Stocks Are Turning Up / Commodities / Gold & Silver Stocks
Something funny is happening in the mining stock world. Gold and gold stocks have been in a correction since last September and it has gone on for so long that many people are giving up on them just as it appears that this correction may be coming to an end.Just a few days ago the well respected commentator Dennis Gartman declared on CNBC that the gold bear market that began ten years ago is over. His reasoning - the recent FOMC minutes release proves that “the game has changed.”
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Friday, April 13, 2012
Gold Escapes Bearish Channel and Heads for Weekly Gain / Commodities / Gold and Silver 2012
U.S. DOLLAR prices to buy gold traded sideways just below $1680 an ounce during Friday morning's London session – back up at levels last seen ten days ago – while stock markets and industrial commodity prices edged lower and government bonds gained.
A day earlier, gold prices jumped 1.6% during US trading – holding onto most of those gains during Friday's Asian session despite the release of lower-than-expected Chinese growth figures.
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Friday, April 13, 2012
Natural Gas Companies: A Contrarian Bet on Higher Prices / Commodities / Natural Gas
Diane Alter writes: The decline in natural gas stocks has been anything but natural lately.
With ample stores and cheap prices, natural gas-related equities have taken a beating and continue to be battered.
While it is always difficult to call a bottom, the tide may be turning for natural gas companies despite the latest data.
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Friday, April 13, 2012
Gold To Repeat 2011 April, May Gains in 2012? / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,670.50, EUR 1,269.86, and GBP 1,048.91 per ounce. Yesterday's AM fix was USD 1,655.50, EUR 1,261.33 and GBP 1,039.04 per ounce.
Silver is trading at $32.39/oz, €24.53/oz and £20.27/oz. Platinum is trading at $1,597.50/oz, palladium at $644/oz and rhodium at $1,350/oz.
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Friday, April 13, 2012
Gold Under Extreme Pressure to Rise, the Golden Eye of the Debt Hurricane / Commodities / Gold and Silver 2012
What an incredibly complex confusing and treacherous month. It can be safely said that 80% of the activity is almost totally kept from the public. The financial system is breaking in an accelerated fashion. Compare to some grisly horror movie where a man is strapped in a chair. The more he moves, the tighter the bindings pull on his gasping throat and pressed nether stones. The most significant two factors at work are the Iran sanctions and their powerful backfire, and the futile efforts in Europe to stem the banking center collapse. The anti-USDollar federation that spans widely across the globe is gathering strong momentum. Financial aggression is being met by financial alternative development.
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