Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, April 03, 2012
Now Is Not the Time to Be Scared of Gold! / Commodities / Gold and Silver 2012
I titled last month’s issue of this newsletter “Mining Stocks May Become the Big Play for the Second Half of 2012.” I wasn’t saying that it was time to buy them, but that I thought that when the correction they are in, which has been going on now since way back in September, came to an end they would likely put on a big performance through the rest of this year.Read full article... Read full article...
Tuesday, April 03, 2012
Gold No Hysteria and No Bubble According to US Mint Coin sales / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,674.75, EUR 1,254.03, and GBP 1,044.17 per ounce. Yesterday's AM fix was USD 1,664.00, EUR 1,246.16 and GBP 1,037.54 per ounce.
Silver is trading at $32.95/oz, €24.70/oz and £20.58/oz. Platinum is trading at $1,657.25/oz, palladium at $655/oz and rhodium at $1,350/oz.
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Monday, April 02, 2012
Gold Price Struggling for Momentum But Still Respecting Long Term Uptrend / Commodities / Gold and Silver 2012
SPOT MARKET gold prices jumped to $1669 per ounce ahead of Monday's US trading, broadly in line with where they ended last week, though they remained below the Asian session peak touched briefly following the release of positive Chinese manufacturing data.
"Gold [is] still respecting the long-term uptrend," says the latest technical analysis note from bullion bank Scotia Mocatta.
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Monday, April 02, 2012
Silver, Gold, Gold Miner Stocks On The Rise? / Commodities / Gold and Silver 2012
Silver, Gold, Gold Miner Stocks On The Rise?
The past couple months investors have been focusing on the equities market. And rightly so with stocks running higher and higher. Unfortunately most money managers and hedge funds are under performing or negative for the first quarter simply because of the way prices have advanced. New money has not been able to get involved unless some serious trading rules have been bent/broken (buying into an overbought market and chasing prices higher). This type of market is when aggressive/novice traders make a killing cause they cannot do anything wrong, but 9 times out of 10 that money is given back once the market starts trading sideways or reverses.
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Monday, April 02, 2012
Gold and Silver Are at a 3 Month Cycle Low! / Commodities / Gold and Silver 2012
Investors that are trying to protect themselves from inflation are asking, what is going on with the precious metals? When the world central banks, without exception, are printing money. Why are metals prices declining?The economists will search in their bag of excuses and find a reason.
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Monday, April 02, 2012
Did Gold Stocks Bottom Last Week? / Commodities / Gold & Silver Stocks
The gold stocks have frustrated investors for several reasons. First, the sector has had a general inability to keep pace with Gold and that struggle has been particularly incensing over the last year in which Gold has gained. Second, the substantial rebound in the equity market has provided no lift. We know that the gold stocks can be vulnerable when Gold falls and when the stock market is plunging. Yet, the gold stocks did not respond as expected despite the reverse favorable conditions in the past year. In the words of a friend, these stocks couldn’t advance if a rocket ship landed up their ass! It is time to bail, right? Wrong! Considering the extreme negative sentiment and our technical work, we believe the market made an important long-term low last week.
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Monday, April 02, 2012
Gold Bull Market Not Over, Depressed Stocks Primed to Take off / Commodities / Gold and Silver 2012
There is no indication on gold's long-term chart that its bullmarket is over, it appears to be simply pausing to consolidate after its sharp rise last year. Why should its bullmarket be over when the only solution to the global debt problem is to buy time by creating more debt which makes the problems even worse? It's true that "they" might throw in the occasional deflation scare as an arm twisting measure to justify bailouts and more QE etc, but other than that the course is set firmly in the direction of fiat worthlessness.
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Monday, April 02, 2012
Silver Forming Head and Shoulders Bottom Pattern / Commodities / Gold and Silver 2012
Silver is marking out a Head-and-Shoulders pattern that parallels the one forming in gold, but whereas the one in gold is classified as a Head-and-Shoulders continuation pattern, the one in silver is classified as a Head-and-Shoulders bottom. The reason for this difference is that the pattern in gold has formed not very far beneath the highs, and thus comparatively does not have much of a loss to reverse, whereas the pattern in silver has got quite a lot to reverse, as can be seen by comparing the 15-month chart for silver shown here with the 1-year charts for gold presented in the Gold Market update.
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Sunday, April 01, 2012
Gold and Silver Mining Stocks Approaching Most Oversold Level Since Start of Bull Market / Commodities / Gold & Silver Stocks
The following chart shows the performance of mining stocks (XAU) versus the broader stock market (S&P 500). This comparison is useful in identifying periods when mining stocks are oversold or overbought versus the stock market as a whole. As you can see from the long-term chart, mining stocks have been outperforming the S&P 500 over time with the expected volatility that is mostly confined within the upward-sloping trend channel.
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Sunday, April 01, 2012
Peak Oil Evasion Tactics Scraping The Barrel / Commodities / Crude Oil
Probably well-intentioned but always ineffective oil saving plans, schemes and notions are reaching the limit of their low effectiveness, a rising number of indicators suggest. In a week where newswires tell the story of French election-oriented attempts by the outgoing Sarkozy government to persuade the IEA's main powerbrokers to release oil stocks, and shave a few cents off the price of car fuel in time for Sarkozy's re-election bid, this is schizophrenically opposed by the same French government. It is pressurizing other EU governments to further tighten their oil embargoes on Iran.
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Saturday, March 31, 2012
Gold Blossoming in Colombia / Commodities / Gold & Silver Stocks
Impressed by Colombia as a country and as a setting for exciting mining and geological opportunities, Paul Harris relocated from England, by way of Chile, and hasn't looked back. In an exclusive interview with The Gold Report, the publisher of the Colombia Gold Letter offers hope for the near future.
The Gold Report: Colombia's mining and energy sectors received about $12 billion (B) in foreign direct investment (FDI) in 2011, making it the largest recipient of FDI relative to gross domestic product of any country in Latin America. Although there are excellent geological potential and dozens of junior mining companies exploring Colombia, not one of those juniors has successfully permitted a mine. Does the country risk losing some of that free-flowing capital if it doesn't start to permit mines?
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Saturday, March 31, 2012
Should Investors Activate Gold and Silver Airbags? / Commodities / Gold and Silver 2012
Earlier this week, a fully loaded Brinks truck carrying between $3 million and $5 million in uncirculated loonies and toonies crashed on a snow covered highway in Ontario, Canada. The truck crossed the centre line and slammed into a rock, launching the coins in every direction. The accident is an unfortunate event, but can serve as an analogy about today’s fragile fiat currencies.
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Saturday, March 31, 2012
Rotation into Gold Miners? / Commodities / Gold & Silver Stocks
To state the obvious, the gold miners definitely are the forgotten sector of the rally from the October 2011 low in the S&P 500 at 1074.77 to this week's high at 1419.15. This rally amounts to a 32% climb, compared to the performance of the Market Vectors Gold Miners ETF (GDX), which is down 2.7% since its October 2011 low.Read full article... Read full article...
Saturday, March 31, 2012
Will the Stock Market and U.S. Dollar Situation Affect Gold? / Commodities / Gold and Silver 2012
This Wednesday Goldman Sachs reiterated its position that investors should buy gold. Goldman Sachs remains bullish on the precious metal, citing the familiar fundamentals-- low interest rates and subdued economic growth as catalysts for gold prices to rise this year.
Goldman economists expect another round of quantitative easing from the Federal Reserve will weigh on the U.S. dollar and push gold higher. From Goldman:
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Friday, March 30, 2012
Will India Stop Buying Gold? / Commodities / Gold and Silver 2012
Jeff Clark, Casey Research : We've read mixed reports about how lofty gold and silver prices are affecting demand in India. One month we're told demand is up, and the next it's supposedly down. I'm not suggesting that official reports are inaccurate, but it is admittedly confusing and doesn't help us understand the real trend in the country.
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Friday, March 30, 2012
Silver Avoids 4th Straight Quarterly Loss, Gold Also Heads for Gains / Commodities / Gold and Silver 2012
U.S. DOLLAR gold bullion prices hit $1669 an ounce ahead of US trading, more or less in line with where they started the week.
Stocks and commodities edged higher and US Treasuries dipped, while the Euro gained ahead of today's Eurozone finance ministers' meeting in Copenhagen.
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Friday, March 30, 2012
Gold Rises and Silver Surges In Q1 2012 - Fiat Currency Devaluation Continues / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,660.75, EUR 1,245.31, and GBP 1,038.68 per ounce. Yesterday's AM fix was USD 1,655.75, EUR 1,245.86 and GBP 1,041.22 per ounce.
Gold fell $3.00/oz or 0.18% in New York yesterday and closed at $1,660.10/oz. Gold traded sideways in Asia prior to seeing a slight climb to $1,665.55/oz in late Asian trading and is now trading in Europe near $1,662.65/oz.
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Friday, March 30, 2012
The Gold Price Is Manipulated, But That's Okay / Commodities / Gold and Silver 2012
The price of gold is being actively managed by central planners and their proxies. The main culprit here appears to be the US authorities, as the manipulation is most apparent in the US open gold market. For the most part, this 'management' has resulted in letting the price of gold rise, but not too much, or too quickly.
The price of gold has always been an object of interest for governments and central bankers. The reason is simple enough to understand: Gold is an objective measure of the degree to which fiat money is being managed well or managed poorly.
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Friday, March 30, 2012
How to Play the Cleantech Energy Investing Boom / Commodities / Energy Resources
With ever-higher oil prices encouraging record investment interest, the cleantech energy sector looks poised for leaps and bounds. The most successful investors will be those who understand the challenges facing not only different industry segments, but individual companies within the same segment. In this exclusive interview with The Energy Report, Raymond James Energy Analyst Pavel Molchanov explains the four principal areas that comprise the cleantech arena—wind, solar, smart grid technology and biofuels—focusing on case-by-case investability. He also shares some names that just might be the next big winners in this rapidly developing space.
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Friday, March 30, 2012
Silver Nano-Trees Developed to Increase Solar Cell Efficiency / Commodities / Gold and Silver 2012
Silver paste is used as a highly efficient conductor of electricity in the vast majority of crystalline silicon photovoltaic cells, which are the most prevalent form of solar cell used to generate solar power. Solar cell manufacture uses as much as 12 percent of the global silver supply on an annual basis.
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