Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, September 06, 2011
COMEX Silver Stocks Remain Near Record / Commodities / Gold and Silver 2011
The COMEX reported a massive change in silver stockpiles, an indication that at least some traders are hedging their bets to take cash off the table. On August 19, 2011, the exchange reported a serious change in total silver available, noting that silver supplies reached a high not seen since December 2010.
Read full article... Read full article...
Monday, September 05, 2011
Gold Reaches $1,900 Again - Supported by Risk of U.S. Recession, German Euro Risk and Wikileaks China Gold Cables / Commodities / Gold and Silver 2011
Spot for immediate delivery rose to $1,903.00/oz as the dollar and all currencies fell against gold in early European trading. Risk aversion has returned due to concerns about the US and global economy and Eurozone contagion.
Gold is trading at USD 1,890.50, EUR 1,339.10, GBP 1,171.30, CHF 1,486.50 and JPY 145,350 per ounce.
Read full article... Read full article...
Monday, September 05, 2011
Gold Breaks Back Above $1900 / Commodities / Gold and Silver 2011
THE U.S. DOLLAR gold price stuck its nose above $1900 an ounce Monday morning London time – its first breach of that level in nearly two weeks – before easing back towards lunchtime.
The silver price, by contrast, fell to a low of $42.42 per ounce – 1.9% off Friday's close – while stocks and major commodities were also down following news of US legal action against banks and yet another election defeat for Germany's ruling party.
Read full article... Read full article...
Monday, September 05, 2011
Governments Buying Gold / Commodities / Gold and Silver 2011
Venezuelan gold mining companies had until recently been forced to sell 50% their gold production to the government for their reserves. This was increased last month to 100%. It accompanied President Chavez's nationalization of the mining industry. This lays the country open to the seizure of foreign-based assets belonging to Venezuela, including all its gold. To guard against this Chavez has ordered that all the country's gold held in foreign vaults be repatriated back to the country. The tonnage involved is 365 tonnes. This is a huge amount. While it seems political opportunism guided the decision, it was an excellent investment move. In the ground inside Venezuela sits around 1,000 or more tonnes of gold, which over time will take Venezuela's gold reserves above those of Switzerland, once it is mined.
Read full article... Read full article...
Monday, September 05, 2011
The Gold Price Parabola And Silver Rocket Update / Commodities / Gold and Silver 2011
Gold has been rocketing up to, and through, the price levels that we laid out many months ago (although a couple of months later than we had expected). This is the equivalent move for Gold that we have recently seen Silver making. As Gold starts to rise more parabolic on the log chart, it creates a very important consequence for the Precious Metals (PM) stock indices since they are heavily weighted in Gold Producers. Suddenly, the price of Gold is rocketing up through, and above, the mining costs of the Gold Producers and triggering heavy leverage for the earnings of those Gold Miners.
Monday, September 05, 2011
GOLD Bullish on All Time Frames / Commodities / Gold and Silver 2011
LONG TERM
From the long term perspective we are far from any real danger of a turn around to the bear side. Of course the long term technical indicators are by their nature slow to turn and much downside activity could take place before the indicators turn around. That’s what we have the intermediate and short term indicators for. As often mentioned, I try to keep things simple here. If you should find I’m getting too complicated please let me know. There are dozens of other commentaries on the internet where you can find the more complicated or sophisticated analysis. You don’t need another one.
Read full article... Read full article...
Saturday, September 03, 2011
Gold Stocks, the Best Business For An Inflationary Environment / Commodities / Gold & Silver Stocks
Buffett has always said that you should find a company that has pricing power that can offer protection in an inflationary environment. What he means with this is you should find companies which can pass higher costs on to its customers. He once said that the ideal asset in an inflationary environment is a royalty on someone else’s sales.
Read full article... Read full article...
Saturday, September 03, 2011
Gold's Rocket Ride Poised to Surge Even Higher / Commodities / Gold and Silver 2011
Gold continues to demonstrate its true strength.
One month ago, Christopher Ruddy, chief executive officer and president of Newsmax, inquired as to the direction of the market.
Read full article... Read full article...
Saturday, September 03, 2011
Has Gold Really Been So Frantic? / Commodities / Gold and Silver 2011
There's been a lot of talk about how volatile gold's been this summer. The numbers tell a different story...
GOING BY some of the recent headlines, you'd think gold prices had just gone through the most hectic and almighty summer.
Read full article... Read full article...
Saturday, September 03, 2011
No Gold Summer Doldrums, End of Action for Mining Stocks? / Commodities / Gold and Silver 2011
This will be an August to remember – no summer “dulldrums” this year. Gold has risen roughly 12% this month and nearly 30% year to date. Gold prices had a trading range of more than $300 in August.
Stocks are a different story. Wall Street ended the month with losses that came with an extended rout the first three weeks, with the current batch of gains only denting the damage. Since the start of July the FTSE 100 has lost 10.6%. The S&P is down 8.2%. The NIKKEI 225 has lost 8.8%, while the German DAX has plunged 22.6%. By contrast, gold prices have gained nearly 23% over the same period.
Saturday, September 03, 2011
Maximizing Profits from The Real Gold and Silver Bull / Commodities / Gold and Silver 2011
“There has been a pattern developing in the Federal Reserve’s weekly money supply reporting, however, that is worthy of note, with surging M2 growth being reported in the Fed’s now-broadest money measure. The growth largely can be accounted for by an apparent flight from large time deposits and institutional money funds (officially ignored components of the Fed’s once-broadest money measure, M3). The cash flows here are suggestive of concerns over banking-system solvency (see Hyperinflation Watch).
(Ed. note: Indeed, the U.S. M2 Money supply accelerated 2.2% in July, 2011 from the prior month; the fastest pace in 52 years.)
Read full article... Read full article...
Friday, September 02, 2011
Gold Heading for $2000 or $1500? / Commodities / Gold and Silver 2011
For the last week and more gold has been on a roller coaster moving between $100 and $200 each way until now where it is hovering above $1,800. A broad spectrum of analysts points to $1,500 or above $2,000. With gold currently just above $1,800 we are around the half-way point for each move. The move each way would represent a move of just over 16%, which is not deeply significant in today's gold world except for the trading fraternity; there is more, however, beneath these moves than meets the eye!
Read full article... Read full article...
Friday, September 02, 2011
Silver Mining Stocks Lagging Bullion Bull Market / Commodities / Gold & Silver Stocks
This last year for silver has been awesome! After a sideways grind in the $15 to $20 range for most of the first three quarters of 2010, silver’s September breakout unleashed a beast that has been nearly unstoppable. By the end of that breakout month silver blasted through its bull high from early 2008, and has more than doubled since!
As an investor who’s been accumulating a bunch of this metal for over a decade, it’s been exhilarating watching my trove grow in value. Our newsletter subscribers have also been rewarded handsomely, as at Zeal we’ve been recommending physical silver since late 2001 when it was just over $4. Silver bullion should be a foundational component of everyone’s portfolio!
Read full article... Read full article...
Friday, September 02, 2011
How Much Physical Gold is Held by SPDR Gold Trust ETF? / Commodities / Gold and Silver 2011
Precious metals (NYSE:DBP) investors have enjoyed the past decade as gold (NYSE:GLD) and silver (NYSE:SLV) outperform just about everything in the market. They are starting to capture interest across the mainstream media as investors seek out strong returns in a slowing and troubled economy. The investment world met the increasing demand for gold and silver by creating ETFs. In fact, one of the most popular ETFs in the world is the SPDR Gold Trust (NYSE:GLD). The only subject that rivals the popularity of precious metals is a good old fashion gold or silver conspiracy theory. A recent gold special by CNBC set out to disprove a popular conspiracy theory about GLD. Unfortunately, CNBC’s special only raises more questions in the precious metals community.
Read full article... Read full article...
Friday, September 02, 2011
Gold Leaps over 2% on U.S. No Jobs Month Sigalling Looming Recession / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices rose more than 2% following the start of trade in London on Friday, breaching $1878 per ounce following the publication of weak US jobs data
Nonfarm payroll data published at 8.30am New York time showed the US economy added no jobs in August – the worst result since September 2010 showed a slight decline.
Read full article... Read full article...
Friday, September 02, 2011
ECB Doesn’t Rule Out “PIIGS” Gold as Collateral for Gold Backed Eurobonds / Commodities / Gold and Silver 2011
Gold and the Swiss franc are higher today as risk aversion has returned with global stock markets falling on concerns the US employment figure later today will disappoint and confirm that the US economy continues to weaken.
Gold is trading at USD 1,853.50, EUR 1,300.10, GBP 1,143.30, CHF 1,446.50 and JPY 142,320 per ounce.
Read full article... Read full article...
Friday, September 02, 2011
Gold is for wealth preservation and Silver is for bartering / Commodities / Gold and Silver 2011
Gold is for wealth preservation and silver is for bartering. If we are talking about protecting wealth in the amount of several million dollars then a good spread to own in precious metals would be 80% gold and 20% silver. If we are talking about a “Mad Max” scenario where we are trying to set ourselves up for a black market bartering system then a good spread would be 75% silver and 25% gold. I will leave it to you to determine what would be an appropriate ratio for you based on the assets you are trying to protect.
Read full article... Read full article...
Friday, September 02, 2011
GLD ETF Gold Tracking / Commodities / Gold and Silver 2011
Recently, we’ve received a number of emails from readers asking why the primary gold ETF, SPDR Gold Trust (NYSE:GLD), doesn’t more closely track the price of gold, and other related questions. For those readers who aren’t already familiar with the workings of this innovative way to “own gold,” it’s worth going over a few of the details, because there are some common misunderstandings regarding the ETF.
Read full article... Read full article...
Friday, September 02, 2011
Gold Bullion Extended, Miners Just Beginning Potential Breakout / Commodities / Gold & Silver Stocks
The action in the precious metals raises speculations of interest to Gold Stock Trades subscribers especially in the labyrinth created by a fear driven market. Gold at this time is participating in a runaway move past resistance. Although gold has reached new record highs it may be stalling in its attempt to continue moving parabolic, while the undervalued miners play catch up. What may this hesitation signal and shrinking of the divergence between miners and bullion mean to my readers?Read full article... Read full article...
Friday, September 02, 2011
Indian Steel Unaffected by Global Crisis / Commodities / Steel Sector
The global steel industry is under great pressure because of the euro zone crisis, the debt crisis of the United States and the fluctuating prices in the global market. However, the Indian steel industry is managing to hold its own and has not been significantly affected by the global situation.
Read full article... Read full article...