Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, March 23, 2012
Nuclear Power Good Intentions Bad Directions / Commodities / Nuclear Power
One Year On - International Atomic Energy Agency
"Beneath the Pacific Ocean's floor deep in the Japanese trench, tectonic plate boundaries slipped repeatedly, triggering one of the most severe earthquakes in recent history. The earthquake's epicenter lay off the eastern coastline of Japan near the Fukushima Prefecture. The plates' movements generated a tsunami that swiftly drove forward ranks of waves towards the earthquake-battered Japanese coast.
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Friday, March 23, 2012
Bullish Outlook for Gold and Silver Stocks Sector Holds / Commodities / Gold & Silver Stocks
It’s tough being a lone voice saying that gold prices will go up when they have tumbled and the financial press is writing obituaries for the gold bull market. It’s also encouraging being a lone voice saying that gold prices will go up precisely because it means that the general sentiment is very bearish and this is what we see at major bottoms. Gold has gotten clobbered and silver has taken a beating as Treasury yields surged and markets are moved by optimism that a recovery has gained traction. Fears over an implosion in the Eurozone seem to have receded. February’s jobs report signaled a strengthening recovery. Greece’s widely expected default has momentarily taken Europe’s sovereign debt crisis off the radar screen. UBS’s Edel Tully has lowered the one-year price target of gold to $1,550 an ounce, a 12.7% downgrade.
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Friday, March 23, 2012
Investors "Looking to Short Gold" / Commodities / Gold and Silver 2012
THE WHOLESALE MARKET price of buying gold bullion climbed to $1658 an ounce shortly after US markets opened on Friday – matching the level it rose to four hours earlier when London began trading – as European stock markets edged lower and commodity and government bond prices rose.
The cost of buying silver meantime hit $31.87 per ounce – 2.2% down on last week's spot market close.
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Friday, March 23, 2012
Gold to Rise to $1,850 On Inflation and Currency Debasement / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,651.00, EUR 1,246.04, and GBP 1,040.85 per ounce. Yesterday's AM fix was USD 1,636.00, EUR 1,243.16 and GBP 1,035.97 per ounce.
Silver is trading at $31.65/oz, €23.92/oz and £19.99/oz.Platinum is trading at $1,617.00/oz, palladium at $649./oz and rhodium at $1,425/oz.
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Friday, March 23, 2012
Silver Wheaton Corporation Triples Quarterly Dividend Payment / Commodities / Gold & Silver Stocks
Silver Wheaton Corporation (SLW) Q4 Earnings have been reported as $0.41 which is around the Mean for the analysts who's expectations were in the order of US$0.460 US$0.406 US$0.370. Hopefully this result will be reasonably well received as it is in line with expectations. When earnings fall short they tend to disappoint the analysts and subsequently the stock can be sold off.
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Friday, March 23, 2012
Next-Generation Nuclear Power / Commodities / Uranium
Can the nuclear industry sustain itself with a once-every-ten-years accident frequency? Absolutely not, says Tom Drolet, principal of energy consulting firm Drolet & Associates Energy Services Inc. However, with new reactor technology underway, the industry has an opportunity to show the public it can safely generate reliable, affordable low-emissions energy. In this exclusive interview for The Energy Report, Drolet outlines his vision for U.S. energy policy and how next-generation nuclear energy figures into it.
The Energy Report: Tom, you recently gave speeches in Vancouver and New York City on American energy policy. Please share with us your view of nuclear energy and its role in American power generation.
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Friday, March 23, 2012
Governments Gunning for Gold / Commodities / Gold and Silver 2012
Q: What links Turkey, India and Vietnam? A: Weak currencies, trade deficits – and a suspicion that gold is to blame…
HERE'S the scenario: a falling currency, a widening trade deficit, and a population buying more and more gold. What's the result? Well, it tends to be an unhappy government – followed by a policy response.
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Friday, March 23, 2012
Silver Painted Into Potential Head and Shoulders Top’s Neckline / Commodities / Gold and Silver 2012
After silver staged a dramatic false upside break in late February that whipsawed many bullish traders, the price action has since been forming what appears to be a bearish head and shoulders top pattern on the daily charts. The keyword is staged, as the decline could not have been more ‘unnatural’ from a technical standpoint, yet the nature of these moves are rarely questioned.
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Friday, March 23, 2012
FOMC Statement Sends (The Perception of) Silver Sharply Lower as QE3 Hopes Fade Further / Commodities / Gold and Silver 2012
The Federal Reserve’s Federal Open Market Committee or FOMC released a somewhat more optimistic rate statement on Tuesday, March 13th.
The FOMC made no mention of further quantitative easing measures in its latest statement, thereby further reducing (managing) expectations of additional quantitative easing measures, and ‘prompting’ a notable selloff in silver.
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Thursday, March 22, 2012
Resource Investors and the PDAC Curse / Commodities / Gold & Silver Stocks
It's that time of year again. Thirty five thousand people descended on Toronto to take part in the largest mining industry confab in the world. The PDAC has become famous for the broad range of attendees, the numerous parties and the gouging by local hotel operators. In case you only go to Toronto for PDAC, $500 a night is not the usual price for a three star hotel in Hog Town.
For resource stock investors, the PDAC famous for something more sinister; the "PDAC Curse". So far this month is looking like this annual scourge is alive and well and making life miserable for resource stock traders yet again.
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Thursday, March 22, 2012
Why Gold Can Go the Distance / Commodities / Gold and Silver 2012
Gold’s been knocked down lately, but several enduring factors have conditioned the yellow metal for an inevitable comeback.Since the beginning of 2012, gold has trailed its precious metals peers, gaining only about 6 percent compared to double-digit returns for silver and platinum. At the end of February, gold was especially hard hit, following Ben Bernanke’s announcement that there would be no additional quantitative easing and the European Central Bank offering additional LTRO loans to banks.
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Thursday, March 22, 2012
China Economic Contraction Sees Gold Fall Again / Commodities / Gold and Silver 2012
WHOLESALE bullion fell hard in early London trade on Thursday, with the gold price dipping to nearly its lowest level in 2012 as world stock markets and commodity prices also fell.
India's jewelry sector remained on strike in protest at last week's doubling of import duties, and "with physical demand not at full strength and waning investor enthusiasm, the potential for further downside in [the gold price] remains exposed," says today's note from Standard Bank.
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Thursday, March 22, 2012
Buy This Gold Dip As $2,000/oz Possible / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,636.00, EUR 1,243.16, and GBP 1,035.97 per ounce. Yesterday's AM fix was USD 1,656.00, EUR 1,248.21 and GBP 1,042.95 per ounce.
Silver is trading at $31.80/oz, €24.17/oz and £20.14/oz. Platinum is trading at $1,617.50/oz, palladium at $669.75/oz and rhodium at $1,425/oz.
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Thursday, March 22, 2012
Crude Oil Prices And The 'Peak Oil' Environment / Commodities / Crude Oil
Peak Oil can be defined at least 4 ways but one way is simple: Peak Oil is when supplies and stocks are tight enough, relative to demand, to make price slides short and price hikes long, until and unless the economy tilts into recession or by policy decision in response to a dysfunctional and parasitic bank, finance and insurance sector is either pushed or allowed to fall into recession.
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Thursday, March 22, 2012
The Bull Market in Gold and Silver Prevails / Commodities / Gold and Silver 2012
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.
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Thursday, March 22, 2012
Gold Swerves to Avoid the Death Cross / Commodities / Gold and Silver 2012
Despite the turmoil in the world gold prices appear to be range bound between $1800.00/oz and $1550.00/oz. Many are predicting a rapid move north given that the money printing machines are working overtime, debasing all currencies with the eventual outcome being the appearance of the inflation monster. Some are even looking for a black swan event to provide the ignition required to set the precious markets on fire.
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Thursday, March 22, 2012
The Gold Stock Sector Is On Sale / Commodities / Gold & Silver Stocks
Michael Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon, sees small- and mid-cap junior producers and developers as the "sweet spot" in the gold equities space, and provides a basket of names to consider in each space. In this exclusive Gold Report interview, he also shares his views on the irresponsibility of the "new paradigm" of large-scale financings now in vogue.
The Gold Report: Let's start with the changing risk picture in the gold space. Agnico-Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) and Kinross Gold Corp. (K:TSX; KGC:NYSE) are down by about 50% and 75%, respectively, from their 52-week highs. Both would once have been considered low risk. Are there no low-risk companies in the gold space today?
Thursday, March 22, 2012
Endeavour Silver Provides Blueprint to Sprott’s Call to Action / Commodities / Gold & Silver Stocks
Eric Sprott, legendary gold and silver investor and chairman of Sprott Inc., famously issued an open letter to 17 of the world’s largest silver producers last year. The letter is well-known to the precious metals community because it challenged the mining industry to limit silver sales until prices increased. Unlike an OPEC style cartel, Sprott advocated that miners simply hold a portion of their cash reserves in the form of silver, in order to protect themselves and shareholders from irrational price corrections that take place too often in the silver market. Endeavour Silver not only heeded Sprott’s advice, but has already benefited from it.
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Wednesday, March 21, 2012
Have Gold, Silver Entered a Bear Market? / Commodities / Gold and Silver 2012
For nearly the last five years, we have seen events that were the first of their kind in modern history, from the credit crunch to the East emerging at the expense of the developed world. The oil price has risen to $145, fallen to $35 and then steadily moved up to the current $108. We have seen sovereign debt levels rise to the point where, if they were individual's loans, the individual would have been bankrupted long ago. We have seen governments all over the world try to stimulate their economies to resurrect the spending powers of their embattled consumers. We have seen the developed world inundated with freshly printed money from central banks as deflation hit asset values reducing the velocity and the volume on money.
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Wednesday, March 21, 2012
Gold Market Sentiment Very Poor Despite Strong Fundamentals / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,656.00, EUR 1,248.21, and GBP 1,042.95 per ounce.
Yesterday's AM fix was USD 1,648.50, EUR 1,248.86 and GBP 1,039.01 per ounce.
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