Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, March 27, 2012
Bernanke's Problem with the Gold Standard / Commodities / Gold and Silver 2012
By: Axel_Merk
In his new lecture series, Federal Reserve (Fed) Chairman Ben Bernanke is going out of his way to discuss the "problems with the gold standard." To a central banker, the gold standard may be considered "competition," as their power would likely be greatly diminished if the U.S. were on a gold standard. The Fed, Bernanke argues, is the answer to the problems of the gold standard. We respectfully disagree. We disagree because the Fed ought to look at a different problem.
Tuesday, March 27, 2012
Gold Climbs Above 200-day Moving Average / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE SPOT MARKET gold price traded just below $1700 an ounce for most of Tuesday morning in London – over 4% up on its low last week – before heading lower just ahead of the US markets open as the US Dollar regained some of the ground it lost on Monday following comments by Federal Reserve chairman Ben Bernanke.
Tuesday, March 27, 2012
Gold Nears $1,700 After Bernanke QE Hints / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,694.00, EUR 1,266.54, and GBP 1,059.55 per ounce. Yesterday's AM fix was USD 1,658.00, EUR 1,255.02 and GBP 1,047.91 per ounce.
Silver is trading at $33.07/oz, €24.77/oz and £20.72/oz. Platinum is trading at $1,656.75/oz, palladium at $660./oz and rhodium at $1,425/oz.
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Tuesday, March 27, 2012
Forget Goldman Sachs; Only Fools Rush Into Stocks / Commodities / Gold & Silver Stocks
By: Money_Morning
Shah Gilani writes:
Is Goldman Sachs (NYSE: GS) playing us all for Muppets when they say stocks now present a generational buying opportunity?
The investment bank's 40-page bullish report, titled "The Long Good Buy: The Case for Equities," says to forget the huge run-up since 2009, forget the 25% rise in equities over the last five-and-a-half months, and forget bonds. This party is just getting started.
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Tuesday, March 27, 2012
The Demise of Democracy Whilst Americans Cheer the Final Four / Commodities / Gold and Silver 2012
By: Danny_Schechter
March seems to be leaving us like a lamb, although “March Madness” is still in effect, as college basketball marched into “The Final Four”
It is safe to predict that more Americans are paying attention to the action on the courts than the tired rhetoric and electoral mash-up where another final four bid for our attention, over-hyped in confrontational terms by political commentators who, like their sports counterparts, are just there to keep score:
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Tuesday, March 27, 2012
Emerging Gold Junior Miners and Explorer Stocks Should Recover in 2012 / Commodities / Gold and Silver 2012
By: The_Gold_Report
Jeff Berwick, chief editor and founder of The Dollar Vigilante and avowed anarchist, holds precious metals for safety and holds their equities for profits. In this exclusive Gold Report interview, he counsels geopolitical diversity and paying close attention to precious metal stocks.
The Gold Report: Your newsletter, The Dollar Vigilante, is the closest thing the newsletter industry has to a comic book superhero. Why the name?
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Tuesday, March 27, 2012
Gold Surges After Bernanke Speech / Commodities / Gold and Silver 2012
By: Mike_Paulenoff
Spot gold surged this morning in reaction to Bernanke's speech, which was and is being "translated" as an overture to keep rates very low and Fed policy very accommodative for the forseeable future. In other words, to "create" the environment that will be most conducive to fostering job creation.
Be that as it may, traders and investors interpreted Bernake's remarks as supportive for current easy money policy, but also as a primer designed to help the markets manage their expectations about the future of current policy.
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Tuesday, March 27, 2012
Gold and China: Where the Bulls and Bears Square Off / Commodities / Gold and Silver 2012
By: Frank_Holmes
To paraphrase the great Steve Martin, today’s investors are very passionate people and passionate people tend to overreact at times. An overreaction is exactly what’s happened in gold and global markets in recent weeks. While market bulls have been sniffing out data points to support their case, market bears have continued to take a glass-half-empty approach.Read full article... Read full article...
Monday, March 26, 2012
Stealth Bottom Coming in Gold Stocks / Commodities / Gold & Silver Stocks
By: Jordan_Roy_Byrne
The struggle of the mining stocks has surprised many including us. We thought record profits and a bullish environment would catapult the miners out of a consolidation and into a major breakout. The perception of an enduring recovery and the endurance and persistence of the wall of worry stage has left the gold stocks unloved and under-owned and for far longer than we expected. We do have to remember that the miners exploded in 2009 and 2010 and it is normal for a bull market to spend months in consolidation.
Monday, March 26, 2012
Gold Gains as Fed Chairman Points to "Continued" Economic Stimulus / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET gold prices jumped to $1679 an ounce ahead of Monday's US trading – up nearly 1% on last week's close – while stocks, commodities and the Euro also gained and government bond prices dipped, after Federal Reserve chairman Ben Bernanke said the US economy still needs "continued accommodative polices" despite recent signs of improvement.
Monday, March 26, 2012
Fake Gold Bar (1 Kilo) Filled With Tungsten Found in UK / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,658.00, EUR 1,255.02, and GBP 1,047.91 per ounce.
Friday's AM fix was USD 1,651.00, EUR 1,246.04 and GBP 1,040.85 per ounce.
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Monday, March 26, 2012
Gold and Silver Stock Dividends Offer Investors the Best of Both Worlds / Commodities / Gold and Silver 2012
By: Money_Morning
Peter Krauth writes:
What if I told you there was a company that paid its shareholders in physical gold?
Would a "golden dividend" be enough to get you interested in gold stocks?
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Monday, March 26, 2012
Gold Bar Discovered Filled With Tungsten, How Widespread is Counterfeiting / Commodities / Gold and Silver 2012
By: LewRockwell
Robert Wenzel writes: Australian bullion dealer ABC Bullion is reporting that one of its suppliers has provided them photographic evidence of a tungsten filled 1 kilo gold bar,. The bar passed a hand-held xrf scan which showed 99.98% pure AU. The tungsten was only discovered when the bar was physically cut in half.
Sunday, March 25, 2012
Manipulation of the "Paper Gold" Market, "Worthless" Paper versus Physical Gold / Commodities / Gold and Silver 2012
By: Bob_Chapman
We have been in and around the gold markets for 53 years and conditions have certainly changed, driven mainly by market manipulation of all markets as a result of the Executive Order, which created the “President’s Working Group on Financial Markets.” Those who doubt that are either on the government payroll one way or the other, or you are just too dumb to understand what is really going on. In spite of these machinations and ignorant naysayers the bull markets in gold and silver are still alive and well. What you are seeing are paper markets and the use of derivatives to effect short-term pricing, especially when negative events are about to occur.
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Sunday, March 25, 2012
Gold and SIlver Elliott Wave Trading / Commodities / Gold and Silver 2012
By: WavePatternTraders
The metals made a decent move on Friday and potentially could have started the next stage higher. Back in the beginning of this month, I had penciled in a target range of $1620 target for gold and $30.80 for silver and was working a number of ideas, readers of the newsletter and members have been tracking this along with me, gold and silver have slowly made their way lower.
Sunday, March 25, 2012
Calling Another Bottom in Gold and Silver Stocks Sector / Commodities / Gold & Silver Stocks
By: Adam_Brochert
The last time I called an important bottom in the precious metals sector was on December 29, 2011 (as documented here). Well, it's time for another important bottom. I believe the late December lows in the precious metals (PM) sector were THE lows for the metals, for the GDXJ ETF (a rough representation of the junior Gold mining sector) and for silver stocks (as represented by the SIL ETF). The current bottom is much more important for those seemingly perpetual laggards, the senior Gold mining stocks.
Sunday, March 25, 2012
Asia's Gold Future / Commodities / Gold and Silver 2012
By: Alasdair_Macleod
For most of the last century the default currency for international settlements has been the US dollar. This has given America ultimate power over international trade. In recent months, the US wielded this power against Iran, making life extremely difficult for all Iranians. Importantly it has interrupted oil trade with India, China and Japan. Furthermore SWIFT, the Belgian-based international banking settlement agency, has halted all Iranian interbank transfers.
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Saturday, March 24, 2012
Randgold Highlights Mining Risk as Turkey Seeks Gold Bullion / Commodities / Gold & Silver Stocks
By: Eric_McWhinnie
On Thursday, gold prices declined to $1,642.50 per ounce, while silver fell nearly 90 cents to settle at $31.35. Both precious metals have declined over the past few weeks. While short-term corrections in bullion prices can be frustrating for investors, the pullback in miners has been even more pronounced. In the past month, the Market Vectors Gold Miners index declined almost 11 percent, while the Market Vectors Jr. Gold Miners index has fallen 14 percent. However, both indices fail to compare to the steep sell-off seen in Randgold Resources.
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Friday, March 23, 2012
China Reaches Peak Coal / Commodities / Coal
By: Andrew_McKillop
Coal presently supplies about 67% of China's commercial energy but its National Energy Administration, 21 March, released its five-year 2011-2016 plan for Chinese coal, which features a near-term peak, and then decline of coal in the energy economy. The world’s largest user and producer of coal intends to limit domestic output and consumption of the commodity by 2017, to reduce pollution and to curb reliance on this fuel, which also faces a rising number of supply problems from reserve depletion to coal import costs, infrastructure and transport needs.
Friday, March 23, 2012
Gold Stocks Panic Levels / Commodities / Gold and Silver 2012
By: Zeal_LLC
The beleaguered gold stocks have spiraled lower this month, heaping misery on poor fools like me naive enough to invest in them. Dwindling interest and capital has left this realm a desolate wasteland, I’ve rarely seen anything so deeply out of favor. In fact, relative to gold the gold stocks are now back down to levels only seen briefly during 2008’s epic stock panic! Are they dying, gasping their last breath?