Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, October 25, 2011

Gartman: EU Debt Plan to Hurt Currencies - Buy Gold in USD, GBP and EUR as “Is a Currency” / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,662.10, EUR 1,191.70, GBP 1,038.50, JPY 126,592.0, AUD 1585 and CNY 10,572/oz.

Gold’s London AM fix this morning was USD 1,656.25, GBP 1,036.19 and EUR 1,187.96 per ounce.

Tuesday, October 25, 2011

Gold Climbs as Euro Crisis Terrifies Markets / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR spot gold prices climbed to $1664 an ounce Tuesday morning London time – 1.8% off the month's high – while stocks and commodities also gained and US Treasury bonds fell, following reports that European negotiators are demanding larger Greek debt writedowns.

"Strong resistance is pegged...[at] the 100-day moving average of $1665," said yesterday's note from Swiss gold bullion refiner MKS.

Tuesday, October 25, 2011

Can Germany Support The Eurozone Without Nuclear Energy? / Commodities / Uranium

By: Jeb_Handwerger

Germany (EWG) has taken the path away from nuclear following Fukushima by shutting down their reactors and importing natural gas from Russia (RSX) and nuclear energy from France(EWQ). This move away from nuclear is no way to run a modern industrial nation which has heretofore been the strongest economy in the Eurozone area continuously bailing out their debt ridden neighbors. After this move we hear news that the once burgeoning German economy is grinding to a halt due to a "sharp drop in energy production after the government shut down eight nuclear plants after the Fukushima reactor disaster in Japan."

Tuesday, October 25, 2011

Gold to Average $1,900 Into 2012 / Commodities / Gold and Silver 2011

By: The_Gold_Report

With investors and hedge fund managers taking flight toward cash and larger-cap equities, and the European sovereign debt crisis still hanging fire, the market is in for a bumpy ride, but in this exclusive interview with The Gold Report, Jeff Wright, an analyst with Global Hunter Securities, foresees upward trends for gold.

Tuesday, October 25, 2011

Silver Waits to Begin Breakout / Commodities / Gold and Silver 2011

By: George_Maniere

To 250 million people in 51 countries in the world the word for money is the same word as the word for silver. Silver literally means money. According to Noble Laureate Milton Friedman the majority of monetary metal throughout history has been silver, not gold. Gold is the money of kings while silver is the money of gentlemen.

Tuesday, October 25, 2011

Does Caterpillar Build A Bullish Scenario for Gold & Silver? / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

On Monday morning, gold futures for December delivery climbed above $1,650, while silver futures closed in on $32.  Gold and silver still remain in a trading range while markets wait on a European debt solution.  Although many investors are focused on the Eurozone, we are in the midst of an earnings season.  Investors should use this earnings season to sneak a peek at what companies are predicting for the global economy.  One of the most telling earnings releases comes from Dow and S&P 500 component, Caterpillar.

Tuesday, October 25, 2011

Commodities Snapshot: Oversold For Now, Dollar Holds The Key / Commodities / Commodities Trading

By: EconMatters

Below are trading range charts for 10 major commodities from the Bespoke Group.  All 10 commodities are currently at or below the bottom of their trading ranges, which would suggest at the moment, a good opportunity to get in at oversold levels for investors looking to gain long-term exposure.

Monday, October 24, 2011

Gold Climbs, "We're Not There Yet" say Eurozone Leaders / Commodities / Gold and Silver 2011

By: Ben_Traynor

THE SPOT MARKET gold price climbed to $1657 an ounce Monday morning London time – a 0.9% gain on last week's close – as markets digested the news from the first of this week's two European Union summits.

European stock markets failed to hold onto early gains – with Germany's DAX down 0.5% by lunchtime – while commodities edged up and US Treasury bond prices rose.

Monday, October 24, 2011

Silver in Late Stages of Base Building / Commodities / Gold and Silver 2011

By: Clive_Maund

Over the past week silver has behaved as predicted in the last update, breaking down from its potential Pennant pattern and dropping gently back towards support in the $29 - $30 area, to enter our "accumulation zone" shown on its 4-month chart which turned it higher on Friday, and while the pattern could still be a bear Pennant with an amended lower boundary this is looking considerably less likely - it looks like the Pennant has aborted. It is thus thought that we are late in the base building process.

Monday, October 24, 2011

Gold Aborts Bearish Pennant, Now Looks Strongly Bullish / Commodities / Gold and Silver 2011

By: Clive_Maund

Technically the picture for gold now looks strongly bullish. Action played out last week exactly as predicted in the last update with gold breaking down from its Pennant pattern AND ABORTING THE BEARISH IMPLICATIONS OF THE PENNANT, by dropping back modestly instead of plunging. It arrived back in our target zone near $1600 on Thursday and then reversed quite sharply to the upside on Friday. While nothing is guaranteed in this business and there is still a reduced chance of its being a Pennant with an amended lower boundary, this action implies that a positive QE-rich resolution of sorts of the acute problems in Europe is imminent, despite the severe and intractable problems there.

Monday, October 24, 2011

How to Trade Gold and Oil Prices This Coming Week / Commodities / Commodities Trading

By: Chris_Vermeulen

How To Trade Gold & Oil – The past couple weeks have been tough for most investors. The recent light volume rallies which have taken place in gold, oil and stocks has been generating mixed signals for technical analysts like myself. In order avoid a large draw down on your trading capital you must focus on the long term intraday charts.

What is a long term intraday chart you ask? It is simply a 4 or 8 hour candlestick or bar chart. For example the charts below in this report are 4 hour charts. So each candlestick represents 4 hours.

Monday, October 24, 2011

The Eurozone Wags the Gold and Silver Dog / Commodities / Gold and Silver 2011

By: J_W_Jones

If Greece defaults and the European situation begins to spin out of control where will money flow? It would not make sense for market participants to buy Euro’s during a default regardless of whether the default it structured or not. In fact, it is more likely that European central banks and businesses would be looking to either hedge their Euro exposure or convert their cash positions to another currency all together.

Monday, October 24, 2011

The Slippery Slope of Sliver / Commodities / Gold and Silver 2011

By: EconMatters

Silver has taken some serious beatings lately, but there seems to be a renewed optimism in the market place towards the white metal as Bloomberg reported that

"Investors for now are getting more bullish. As well as adding to ETP [Exchange-Traded Product] holdings, they are also buying bullion coins, with the U.S. Mint selling 4.46 million ounces of American Eagles in September, the most since January.

....Combined assets in ETPs rose 4.8 percent to 17,515 metric tons since mid-July, equal to almost nine months of mine production, the data show. 

Monday, October 24, 2011

Why the Gold Price is Ripe for a HUGE Rally Soon / Commodities / Gold and Silver 2011

By: Sam_Chee_Kong

For centuries, gold has been recognized as one of the best way to preserve one’s wealth and maintaining its purchasing power. Even in ancient times during the Egyptians and Greeks rule, gold has served its purpose for not only for its beauty but also for the function being a means of exchange and also its power to change one’s life. As with anything that has any value attached to it, there will always be ups and downs in its price discovery mechanism.

Sunday, October 23, 2011

Investment Approaches to the Volatile Gold and Silver / Commodities / Gold and Silver 2011

By: The_Gold_Report

For this special report from the Cambridge House Silver Summit in Spokane, Washington, The Gold Report caught up with three silver investing experts: James Turk, chairman of GoldMoney; Andrew Kaip, vice president of Precious Metals & Mining at BMO Capital Markets; and Ian McAvity, a writer at Deliberations on World Markets. While the three didn't all agree on why silver acts the way it does, they all said that it belongs in some form in a diversified portfolio—but only for those who can handle volatility.

Saturday, October 22, 2011

What’s Going On With Gold? / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

After a four-day losing streak, gold prices finally broke to the upside as the US dollar weakened. Early Friday morning, gold futures for December delivery gained $37 to reach $1,650. Meanwhile, silver futures climbed more than $1 to hit $31.50. Not only has Europe been keeping equities on edge, but also precious metals. Massive sovereign debts, along with a constant flow of conflicting headlines, have given the US dollar some newfound strength. This recent strength has been one of the factors weighing on gold and silver prices.

Saturday, October 22, 2011

Algorithms, Bullion and Criminals: The ABC’s of Understanding Gold and Silver / Commodities / Gold and Silver 2011

By: Rob_Kirby

At the link to the S.E.C. below – there is an archive of “fails to deliver equity” data whose original source is the DTCC [Depository Trust Clearing Corporation].

http://www.sec.gov/foia/docs/failsdata.htm

What is presented below is an analysis of September 2011 “fails to deliver” equities which are understood to represent physical gold and silver bullion in the market place.  The individual instruments are aggregated on a coloured, daily gross ounce basis to show the serial and systemic nature of the DRAMATIC SHELL-GAME build in [naked] short ounce equivalents – which, when one considers the Jeffrey Christian Constant. It was back in March, 2010 – at CFTC hearings in Washington that expert testimony was given by C.P.M. Group Chairman, Jeffrey Christian where he explained,

Saturday, October 22, 2011

Cheap Gold Stocks / Commodities / Gold & Silver Stocks

By: Zeal_LLC

Not even mighty gold escaped late September’s commodities massacre, so gold stocks never stood a chance.  They were sucked into the violent maelstrom of commodities-stock selling, plunging sharply.  And as usual when gold is weak, the gold stocks amplified its downside.  The result is very cheap gold stocks today, great bargains.  Relative to gold, they’ve been hammered back down near panic levels.

Friday, October 21, 2011

Gold Bullish Outlook Remains Despite Declines / Commodities / Gold and Silver 2011

By: Przemyslaw_Radomski

Whenever gold prices rise or decline the headlines give a flavor-of-the-week reason—the dollar is up, the dollar is down, the eurozone is in trouble, it’s the latest jobs report, etc. There is no doubt that global economic conditions are inter-related and that a “butterfly flapping its wings” in one part of the world can effect gold prices. This week was no exception. This week’s decline was partly explained by news out of China. The Chinese economy, the second largest in the world,  expanded by only 9.1 per cent in the third quarter, down from 9.5 per cent in the second quarter and 9.7 per cent in the first three months of the year. This is a growth rate that all countries on the planet would give their eye teeth to find in their fortune cookie. But for China it was the slowest growth since 2009. This prompted fears that the world's economic engine will slow down eating into demand for exporting countries.

Friday, October 21, 2011

Gold Headed for Weekly Loss, Eurozone Plan Lacks Concreteness / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR gold bullion prices climbed to $1637 an ounce Friday lunchtime in London – 2.0% up on this week's low – while stocks and commodities also rallied despite ongoing uncertainty over plans to solve the Eurozone crisis.

"Gold is starting to garner some interest as some participants start to view current prices as good entry levels," says Marc Ground, commodities strategist at Standard Bank.