Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, July 08, 2011
India’s Gold, Silver Imports Surge 200%, Chinese Bullion Demand Surging Further / Commodities / Gold and Silver 2011
Gold is trading at $1,528.33/oz, €1,071.99/oz and £958.08/oz.
Gold was lower in most currencies except the euro this morning as euro weakness has kept gold close to record nominal highs in euros. Gold is 2.7%, 3.3% and 4% higher in dollars, pounds and euros for the week and looks set to close higher and near nominal highs in all currencies.
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Friday, July 08, 2011
Rare Earth Metal Prices Will Continue to Soar With China's Monopoly Intact / Commodities / Metals & Mining
David Zeiler writes: The discovery of a massive trove of rare earth metals at the bottom of the Pacific Ocean last week triggered a fleeting hope that China's monopoly on the materials would be broken.
Unfortunately, the discovery may not have the impact many had hoped, which means prices for rare earth metals will continue to soar. That's bad news for countries like the United States and Japan, which count on the scarce materials for high-tech industries.
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Friday, July 08, 2011
If Crude Oil Is A Bubble Where Is The Smoking Gun? / Commodities / Crude Oil
On 22nd June, Brent closed at $113. Then IEA made their move; the price dropped, and by 26th June it closed at $104 which was 8% down on the 22nd. Today it’s up to $114, back to square one; that’s hardly “Mission Accomplished”.
Not quite sure what they were thinking, forget about the “allies”, America’s Strategic Petroleum Reserve is 270 million barrels, that’s 20-days pumping at full capacity for Saudi Arabia.
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Thursday, July 07, 2011
Silver Platter Investor Opportunity / Commodities / Gold and Silver 2011
Every few years, a tremendous opportunity arises. The autumn months of 2007 and the autumn months of 2008 offered such an opportunity to buy silver. That $11 silver price is long gone. Many smart folks seized it. Whatever can be said on such silver platters applies almost equally to gold. The silver sprint gains are typically much larger than the gold steady gains. The coming autumn months will feature a gaggle of supposed financial analyst experts backpeddling in their hasty damage control. They have been broadcasting a wide assortment of low level propaganda posing as competent analysis, as they attempt to make the point that the anti-USDollar trade is done, the gold trade is over, the silver trade is spent. They are so wrong.
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Thursday, July 07, 2011
Global Energy Crisis, Germany Unplugged / Commodities / Energy Resources
The International Energy Agency (IEA) has recently warned us the world will face higher energy costs, higher carbon emissions and greater uncertainty over security of energy supply if it turns its back on nuclear power.
The IEA believes the future for nuclear power, and a subsequent reduction in carbon emissions, will be show cased in China, India and Russia. Out of the 62 reactors currently under construction, 48 - or 77% of the total - are being built in China, India, South Korea and Russia, another 82 reactors are planned and 210 are proposed for these four markets.
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Thursday, July 07, 2011
The Greek/B.I.S. Currency Gold Swap / Commodities / Gold and Silver 2011
The Bank of International Settlement holds 500.7 tonnes of gold as at the end of 2010. Why?
In the third quarter of 2009 it held just under 120 tonnes. These were part of currency/gold swaps. There are no details of the names of the counterparties. Coincidentally, they could be nearly the total of the 'official' gold holdings of Greece, Portugal and Spain.
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Thursday, July 07, 2011
Gold Falls, U.S. Debt Ceiling Plan B Insane / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices dropped to $1525 an ounce Thursday morning London time – still 2.5% up from where they ended last week – as stocks and commodities gained and US Treasury bonds fell, while rumors spread that the US Treasury is holding secret debt ceiling talks. Read full article... Read full article...
Thursday, July 07, 2011
Royal Mint Silver Production Surges 100%, Sovereign Edward Supply Tight but Bullion Premiums Low / Commodities / Gold and Silver 2011
Gold is trading at $1,525.62/oz, €1,069.93/oz and £955.18/oz.
Gold is marginally lower in pounds and dollars and marginally higher in euros ahead of the key interest rate announcement from the European Central Bank (1245 GMT). The Bank of England kept interest rates at historic lows of 0.5% and the ECB is expected to increase rates by 25 basis points to 1.5% today despite the Eurozone debt crisis.
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Thursday, July 07, 2011
Gold and Crude Oil Showing Signs of Strength and Higher Prices / Commodities / Commodities Trading
This has been an interesting year for both gold and oil. There has been wild price swings due to extreme political, economic and weather events round the globe making these commodities a little more difficult to trade than normal. That being said if we look at the charts it appears we could be at the beginning stages of another major rally in both stocks and commodities.
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Wednesday, July 06, 2011
Mining Stocks Not Reflecting Record Gold Prices / Commodities / Gold & Silver Stocks
Uncertainty will certainly push gold prices higher. In this exclusive interview with The Gold Report, Mike Niehuser, founder of Beacon Rock Research, LLC, is bullish on gold and well-managed producers, advanced development and exploration companies. He shares his top eight picks and advice on easing into an investment instead of buying all at once.
The Gold Report: What is your perspective on the price of gold and your forecast for 2011?
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Wednesday, July 06, 2011
Why Gold, Silver and Copper Mining Investors Must Follow Peru / Commodities / Gold and Silver 2011
The elections in Peru of Humala, an avowed radical socialist, is an ongoing development of great significance for precious metals and mining investors. It is not an event that has gone unnoticed by experienced speculators. Mining investors (GDX) worldwide are watching July 28th when the new regime takes control. So far in 2011 investors have sold off mining assets in Peru and buying the underlying metal.
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Wednesday, July 06, 2011
Bullish on Euro and Gold / Commodities / Gold and Silver 2011
Based on the contracting, coil-consolidation type patterns carved out in the euro/dollar and in spot gold since the first week of May, those two markets right now are warning us to expect potentially powerful, bullish upside resolutions. This should propel the euro/dollar to 1.51-1.53 and spot gold prices to $1590-$1620.
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Wednesday, July 06, 2011
Rising Interest Rates Not ETF's Are Kryptonite to the Gold Price / Commodities / Gold and Silver 2011
When real headwinds blow for the gold price, they'll blow from the East, not from falling gold ETF sales...
SO AFTER The Economist and Harper's both tried (and failed) to tar all gold investors with the same "idiot gold-bug" brush, trust our friends at the Financial Times to mistake Western investment funds for the entire global gold market.
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Wednesday, July 06, 2011
Euro Gold Rises to EUR 1,056/oz as Portuguese Bonds Melt Down / Commodities / Gold and Silver 2011
Gold is trading at $1,515.06/oz, €1,055.42/oz and £945.73/oz.
Gold is marginally higher in most currencies today and has risen a further 0.55% against the euro to EUR1,056/oz. It is just 3% from the record nominal high in euros at €1,087/oz due to the risk of contagion in the Eurozone.
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Wednesday, July 06, 2011
Gold Rises as Portugal Catches Eurozone Debt Plague / Commodities / Gold and Silver 2011
WHOLESALE MARKET gold bullion prices held steady around $1517 per ounce for the bulk of Wednesday morning London time – 2% up from Friday's close – while stocks and commodities slumped and US Treasury bonds gained after Portugal saw its sovereign debt downgraded to junk.Read full article... Read full article...
Wednesday, July 06, 2011
Silver Bottoms Amid Subtle but Bullish Factors / Commodities / Gold and Silver 2011
Successful market timing is based on careful use of technical analysis and sentiment analysis. Technical analysis measures supply and demand and sentiment analysis takes that a step further by looking at investor attitudes their positions and money flows. This information helps us assess probabilities. Nothing is certain but we want to see strong evidence before forecasting a turn in the market. In regards to Silver, we see strong evidence that a bottom is in place and the market will move higher in both the short and intermediate term.
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Tuesday, July 05, 2011
Minor Metals Investing Ups and Downs / Commodities / Metals & Mining
The critical metals space is shifting. In this exclusive interview with The Critical Metals Report, Dr. David Trueman, a consulting geologist, points to opportunities in global mining, processing and recycling of "-um" metals for growing electronic applications.
The Critical Metals Report: You started your geological career as a smelter mechanic in Thompson, Manitoba in 1962 before moving into academia, government, industry and latterly, consulting. The New York Times, the U.S. Government and investors have suddenly woken up to the importance of critical metals—minor, strategic and rare earth elements—for everything from miniaturization of motors to high-powered magnets for alternative energy and military applications. Has your background given you a deeper understanding of the explosion of interest in these materials? Read full article... Read full article...
Tuesday, July 05, 2011
Energy Stocks Heat Up / Commodities / Energy Resources
Recently back from a trip to the Middle East, Casey Research Energy Division Chief Investment Strategist Marin Katusa shares some of his best energy investment opportunities. In this exclusive interview with The Energy Report, he explains why this is a good time to pick up uranium and geothermal stocks.
The Energy Report: As the Chief Investment Strategist for the Energy Division of Casey Research, you follow the whole range of energy segments and investments for your company. There have been quite a few changes on both the political and economic fronts since you spoke with The Energy Report last November. Can you bring us up to date on opportunities in your coverage area—petroleum, natural gas, uranium and geothermal? Read full article... Read full article...
Tuesday, July 05, 2011
Agri-Foods Coming Full Circle / Commodities / Agricultural Commodities
Circles are somewhat special. They have no starting point nor ending point. Where they end is where they start. Such the time-worn phrase of "coming full circle." This Summer in Agri-Foods where we started this time last year is where we begin again.
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Tuesday, July 05, 2011
Rise of the Barter Economy / Commodities / Gold and Silver 2011
Imagine a day when you go to buy a quart of milk, ask the price, and the cashier says, "that'll be a tenth ounce silver." As the US dollar's decline accelerates, several efforts around the country are trying to make this vision a reality.
Historically, paying for items in silver or gold was actually quite common. We happen to live in an unusual time and place where generations have grown up trading exclusively in paper. While my parents still used dimes made of silver, we have now gone several decades with no precious metals in any of our official coinage. But this system of money by government fiat is unsustainable.
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