Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, August 17, 2011
Gold and Silver Full Sprectrum Dominance / Commodities / Gold and Silver 2011
Gold and Silver have emerged in the last 12 months as the dominant asset group. They led the entire 2000 decade, still gathering disrespect. They do not require respect from the Wall Street and London crowd. They serve as effective protection during the slow motion crumbling process to the global monetary system. The sovereign bond crisis has circled the peripheral nations, rendered its wreckage, and is working toward the center where the USTBond and UKGilt reside (worried). Italy and Spain are squarely in the crosshairs for financial assaults, but France and the United States lie closer to the core of Western nation sacred debt territory, soon to become sacred burial grounds.
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Wednesday, August 17, 2011
New Record Nominal Gold High as Merkel and Sarkozy Plans Fail to Assure Markets / Commodities / Gold and Silver 2011
Gold is mixed in various currencies today after French President Nicolas Sarkozy and German Chancellor Angela Merkel unsurprisingly failed to deliver a solution to the euro zone debt crisis.
The London AM fix in USD was a new record nominal high. Gold’s London AM fix this morning was USD 1,792.00, EUR 1,240.39, GBP 1,089.96 per ounce (from yesterday’s USD 1,779.00, EUR 1,236.18, GBP 1,086.81 per ounce see LBMA).
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Wednesday, August 17, 2011
Gold Hits $1795, Useless Eurozone Leaders would Cut Funding to Govts Disobeying Brussels / Commodities / Gold and Silver 2011
THE DOLLAR gold price rose to a high of $1795 an ounce Wednesday morning in London – 1.1% off last Wednesday's record – before selling off towards lunchtime.
Broad commodity prices rose, while stock markets dropped following Tuesday's Franco-German summit in Paris.
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Wednesday, August 17, 2011
40 Years of Fiat Currency, Is Gold as ‘Cheap’ as it was in 1971? / Commodities / Gold and Silver 2011
Monday was the 40th anniversary of the irredeemable fiat dollar. Unlike the preceding 39 anniversaries, this one was actually noticed! Here, I present several charts that show the changes to the Fed’s balance sheet since 1971. I conclude that the current gold price may be as ‘cheap’ as it was in 1971!
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Wednesday, August 17, 2011
Rare Earth Elements and The China Growth Story / Commodities / Metals & Mining
David Fessler writes: The average U.S. household owns hundreds of Chinese-manufactured goods. Almost the entire apparel industry moved out of the United States and halfway around the world. Most of our electronics, a lot of our food, and many of our automobile parts come from China.
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Wednesday, August 17, 2011
Gold Price Could Crash... What Should I Do? / Commodities / Gold and Silver 2011
The new concern for contrarian gold owners: After watching the yellow metal soar from $1,500 to $1,800 per ounce, we're hearing how gold is "stretched" to the upside... and has become an increasingly popular asset.
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Wednesday, August 17, 2011
Can Gold's Bull Run Be Stopped? / Commodities / Gold and Silver 2011
Everything that makes any sense tells me that gold’s run is over. The spot price of gold closed at $1788.90 which is $11.00 from its all time high. The Gold ETF GLD closed at 173.94 which is $1.19 from its all time high. The charts are screaming sell and gold keeps shrugging it off and rising in price.
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Wednesday, August 17, 2011
Six Rare Earth Element Metals to Watch / Commodities / Metals & Mining
Rare earth elements have made possible improvements in everything from smart phones and plasma televisions to clean energy technology. In this exclusive interview with The Critical Metals Report, Jason Burack, independent investor and cofounder of Wall St. for Main St., and Kevin Kerr, commodities trader and president of Kerr Trading, share the names of the rare earth element companies to watch as the market grows.
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Tuesday, August 16, 2011
Gold Hedging Activity a Warning Sign? / Commodities / Gold and Silver 2011
Andrey Dashkov, Casey Research writes: In the first quarter of 2011 (Q111), net gold hedging was reported by GFMS and Société Générale. A gold mining company may hedge its production on expectations of falling gold prices in order to lock in high prices and possibly avoid losses. As gold hits one nominal high after another, is such behavior a sign that the bull market in gold is over?
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Tuesday, August 16, 2011
Did Gold Just Create a Short-Term Bottom? / Commodities / Gold and Silver 2011
On Monday, the Dow (NYSE:DIA), S&P 500 (NYSE:SPY), and oil (NYSE:USO) all continued to rally from previous lows they made the prior week. Gold (NYSE:GDL) broke through $1800 last week, but declined going into the weekend as margins were raised against the yellow metal. On Friday, gold dipped to as low as $1723 before rebounding, which brings us to an important support level for gold.
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Tuesday, August 16, 2011
Gold Outlook Positive following Euro Stagnation, Paulson Hedge Fund's Position / Commodities / Gold and Silver 2011
SPOT MARKET gold bullion prices hovered around $1780 an ounce Tuesday morning London time – up 2.9% on yesterday's low – as stocks and commodities fell and US Treasury bonds rose after news of economic slowdown in the heart of the Euro area.
"Disappointing Eurozone GDP figures...have further dampened sentiment, encouraging investors to seek the relative safety of precious metals," says Marc Ground, commodities strategist at Standard Bank.
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Tuesday, August 16, 2011
Gold a Bubble, to Correct or Go Parabolic, Stagflation Threatens Western Economies / Commodities / Gold and Silver 2011
All major currencies have fallen against gold today with the euro down 1% against gold on nervousness ahead of the Franco German summit. Gold is trading at USD 1,776.70, EUR 1,235.10, GBP 1,084.10, CHF 1,389.90 per ounce and 136,450 JPY/oz. Gold’s London AM fix this morning was USD 1,779.00, EUR 1,236.18, GBP 1,086.81 per ounce.
Monday, August 15, 2011
Gold Mining Companies Too Good to Pass Up / Commodities / Gold & Silver Stocks
Suffocated by staggering unemployment and economic woes, many mining jurisdictions around the world are finding the nearly $1,800/ounce gold too good to pass up. Joe Mazumdar, a senior mining analyst with Haywood Securities in Vancouver, tells The Gold Report in this exclusive interview which projects are primed to see the light of day in the face of rising gold prices and a dearth of other industry.
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Monday, August 15, 2011
Gold and Silver Mining Stock Important Technical Signals / Commodities / Gold & Silver Stocks
Gold Stock Trades has maintained a strong hand on signaling the completion of the basing process in mining stocks (GDX) in relation to gold(GLD) and silver (SLV) bullion prices. Right now it will suffice to alert readers that one of the most salient technical signals is occurring right now-The dreaded death crosses are being transmuted into euphoric crosses of gold.
Monday, August 15, 2011
Strong Support Plateau for Gold / Commodities / Gold and Silver 2011
The SPDR Gold Shares (GLD) exhibits a series of near-term spike corrective lows that have created a formidable near-term support plateau.
The plateau from these lows at 168.65 (from Aug 11), 167.77 (Aug 12), and 168.70 (Aug 15) represents either the conclusion of a correction off the 176.75 high (Aug 10) or the end of the first portion of a still-developing, more complex corrective period.
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Monday, August 15, 2011
Agri-Food's Impacted by U.S. Treasury Sucking $245 Billion Out of Financial Markets / Commodities / Agricultural Commodities
Since last Tuesday, when the U.S. Congress delivered a sugar-coated pig in a blanket sandwich rather than a deficit reduction plan, the Obama regime has been on a wild spending spree. Thus far, the U.S. Treasury, in little more than a week, has sucked $245 billion out of financial markets through the sale of U.S. government debt. Little else need be known to explain the collapse of financial markets.
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Monday, August 15, 2011
Gold Demand Strong on Dips as Confidence in Currencies Goes Down the Drain 40 Years After Gold Standard's End / Commodities / Gold and Silver 2011
WHOLESALE PRICES to buy gold held above $1730 in London trade Monday morning – the 40th anniversary of US president Richard Nixon "closing the gold window" and officially ending the $35-per-ounce Gold Exchange Standard.
Trading nearly 4.7% below last week's new all-time high of $1815, the price to buy gold stood 50 times higher from the official US Dollar exchange rate of 15 August 1971.
Monday, August 15, 2011
40th Anniversary of Nixon Ending Gold Standard and Creating Modern Fiat Monetary System / Commodities / Gold and Silver 2011
Gold has fallen today in all major currencies except the Swiss franc which has fallen sharply again on continued talk of SNB intervention. Gold is trading at USD 1,742.70, EUR 1,220.10, GBP 1,068.70, CHF 1,375.60 per ounce and 133,820 JPY/oz. Gold’s London AM fix this morning was USD 1,738.00/oz, EUR 1,214.11/oz, GBP 1,065.88/oz.
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Monday, August 15, 2011
Gold Stocks and QE2.5 / Commodities / Gold & Silver Stocks
The fall into that “Elusive Abyss” has been averted once again thanks to action by the ECB and the Fed. The Fed has just offered a new QE (QE = quantitative easing) program, technically speaking that is. The Fed has announced that it will keep rates at incredibly accommodative levels for at least two more years allowing the banks to play the yield curve. Banks borrow from the Fed and then, instead of lending it into the corporate sector and CME’s, they buy Treasuries to lock in guaranteed profits.
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Monday, August 15, 2011
Gold Standard or the Nixon Standard / Commodities / Gold and Silver 2011
On Sunday, August 15, 1971, Richard Nixon unilaterally brought to an end the last trace of an experiment in international monetary affairs that stretched back over a century. He announced that the United States government would no longer abide by the 1944 Bretton Woods agreement to deliver gold at $35 per ounce to any government or central bank.
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