Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, April 19, 2011
Amaranth Collateral Damage in 78 Trillion Dollar J.P. Morgan Chase Derivatives Book / Commodities / Market Manipulation
The purpose of this paper is to illuminate the real purpose of the obscene size of derivatives books amongst the world’s largest financial institutions. Derivatives in strategic markets are controlled by governments through proxy banks and agencies using these instruments. By sheer volume, the trading in paper “tails” wag the physical “dogs”. When market volatility negatively impacts these large institutions they are given a pass by regulators and accounting protocols in the interest of national security and preservation of the status quo. Moreover, this ensures the perpetuation of U.S. Dollar hegemonic power. The following accounts outline how these instruments are used to project this power.
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Tuesday, April 19, 2011
How to Buy Silver At a Bargain Price Using Options / Commodities / Gold and Silver 2011
Larry D. Spears writes: In last Wednesday's Money Morning special report on silver, several of our financial gurus projected higher prices ahead for "the other precious metal." Since then, silver has climbed about 5% -- hitting $43 an ounce yesterday (Monday). Silver is now nearing its record high of $50.35 set in January 1980.
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Tuesday, April 19, 2011
Gold Real Safe Haven, as U.S. Soviergn Debt Status Questioned / Commodities / Gold and Silver 2011
Gold and silver closed higher yesterday (+0.45% and +0.65%) after S&P, somewhat belatedly, cut its outlook for the US from stable to negative. While the move seemed to surprise some, many market participants have been warning that this was inevitable for some time.
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Tuesday, April 19, 2011
Financial Scam Behind Rising Crude Oil and Food Prices? / Commodities / Market Manipulation
The global economy and its recovery, and the living standards of millions of plain folks, are now at risk from the sudden rise in oil and commodity prices.
Gas at the pump is up, and going higher. Food prices are following.
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Tuesday, April 19, 2011
Gold Mining Stocks Investing, Right Place, Right Time / Commodities / Gold & Silver Stocks
Armed with a degree in geology, Silver Spartan LLC Founder Paul Dockweiler in 2003 got himself invited to explore in a mineral-rich area of southwestern Nevada that was falling out of favor because the price of gold barely covered the cost of production. As Paul explains in this exclusive interview with The Gold Report, a lot of virgin ground with the same mineralogy as a past-producing mine had never even been drilled and, of course, the gold price has since marched up fivefold.
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Monday, April 18, 2011
Agri-Food's Commodities Bubble? / Commodities / Agricultural Commodities
A big question should be on the mind of investors. Is it 2008 all over again? Are we witnessing another commodity price bubble driven by speculation in paper commodities? With Silver clearly in a speculative bubble, allowing value investors to liquidate positions at overly inflated prices, one might think so. With paper oil ignoring the weakness in physical oil demand, one might be almost sure of it. When mob panics and dumps ~$800 million into GLD, one might need to start reconsidering one's ownership of some inflated commodities.
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Monday, April 18, 2011
Why Gold Stocks are Struggling Despite Record Gold Price / Commodities / Gold & Silver Stocks
Gold looks fantastic. It is breaking away from a consolidation which could be called a running correction. Two weeks ago Gold broke to a new high. Last week Gold retested the breakout and then advanced to another new high at the end of the week. Its textbook bullish action. Yet the gold shares have really struggled.
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Monday, April 18, 2011
Gold and Silver Set New Records as Athens Denies Debt Restructuring / Commodities / Gold and Silver 2011
THE PRICE OF GOLD jumped to a new all-time high of $1489 per ounce in Asian trade Monday, slipping back as the Dollar then rose vs. the Euro despite Greek protestations that Athens isn't seeking a "restructuring", in which it would effectively default on a portion of its debt.
Major-economy government debt rose in price, but Greek bonds sank – pushing yields to fresh post-Euro highs – while global stock markets began the Easter-shortened week with a 0.5% drop.
Monday, April 18, 2011
COMEX Gold Default Risk Triggers Pension Fund to Take Delivery of $1 Billion of Bullion / Commodities / Gold and Silver 2011
Concerns that the sovereign debt crisis may be entering a new phase and the risk of contagion has seen peripheral eurozone bonds fall sharply and the euro fall against major currencies and gold today.
Sovereign debt risk, global inflation concerns, geopolitical risk, disappointing European earnings and concerns about Japan's coming reporting season have seen equities weaken and new record nominal highs for gold and silver (all time and 31-year).
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Monday, April 18, 2011
Cotton Commodity Challenging Key Support Now / Commodities / Commodities Trading
The powerful upmove in Cotton #2 hit a temporary high in March, coinciding with Fibonacci projections. After a period of consolidation attention is on a key support area, below which a pullback phase should be initiated.
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Sunday, April 17, 2011
Silver Continues to Outpace Gold / Commodities / Gold and Silver 2011
Once again silver is out pacing gold in the weekly performance. Is it too much of a good thing? Only time will tell. Lower gold volume versus higher silver volume seems to suggest the betting is really on silver.
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Friday, April 15, 2011
Can You Pass The 2011 Gold Investing Quiz? / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: CPM Group recently released their 2011 Gold Yearbook, an invaluable resource for us gold analysts. Mostly a reference book, even a gold enthusiast might find it dry reading. But I loved it, and as I studied it on a plane, I kept finding data that made me perk up.
To have a little fun with it, I thought I’d summarize what I read in the form of a quiz. See how many you can get correct. Regardless of your score, I’m sure you’ll agree with the ramifications each point makes for the gold market.
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Friday, April 15, 2011
Silver Screaming Inflation / Commodities / Gold and Silver 2011
Who wants gold when silver looks to offer turbo-charged inflation protection instead...?
The CURRENT SURGE in bids to buy silver might seem dramatic, but it's more measured by far – to date, at least – than the true silver bubble of Sept. 1979 to Jan. 1980.
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Friday, April 15, 2011
Harsh Reality, The Green Revolution Accomplishments and Apprehensions / Commodities / Renewable Energy
The second half of the 20th century saw the biggest increase in the world's population in human history. Our population surged because:
- Medical advances lessened the mortality rate in many countries
- Massive increases in agricultural productivity because of the "Green Revolution"
Friday, April 15, 2011
What Does Silver’s Recent Performance Relative to Crude Oil Mean For Investors? / Commodities / Gold and Silver 2011
Gold market witnessed a bumpy roller coaster ride during the week. An interesting thing to observe was the reasons that economic commentators gave for price fluctuations. On Tuesday gold for June delivery lost $14.50 to settle at $1,453.60 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,468.50 and as low as $1,445 while the spot gold price was shedding more than $11. The reasons for the decline were explained by falling oil prices and by a Goldman Sachs report with a short-term bearish call on oil and copper, the industrial bellwethers. (The term “bellwether” refers to the practice of placing a bell around the neck of a castrated ram leading his flock of sheep so that the movements of the flock could be noted by hearing the bell).
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Friday, April 15, 2011
Correction Ended for Crude Oil and USO ETF / Commodities / Crude Oil
Despite commodity bashing by Goldman Sachs again this morning, oil prices remain relatively buoyant.
Right now my pattern and momentum work in the U.S. Oil Fund ETF (USO) indicate that a significant correction ended at Wednesday's low at 42.10. They also indicate that current strength represents the initiation of a new upleg in an incomplete larger bull move that projects to another new high in the days directly ahead.
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Friday, April 15, 2011
U.S. Budget Impasse has Momentous Significance for Holders of Gold and Silver / Commodities / Gold and Silver 2011
Regardless of whether a compromise is reached over the approaching lockdown of the United States ceiling and the raising of the debt, this impasse has momentous significance for holders of gold (SPDR Gold Shares (GLD)) and silver (iShares Silver Trust (SLV)). The serious weaknesses of our economic structure is exposing it as a paper tiger. Instead of seeking fiscal sanity, the inability of our leaders to agree on even the smallest of issues is reminiscent of the Roman Empire dealing out bread and circus to the masses when Rome could no longer afford the good times and the games.
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Friday, April 15, 2011
Is the Gold Price Really Rising? / Commodities / Gold and Silver 2011
If we look at the gold price in the euro, we see it holding between €1,010 and 1,020 for the last couple of weeks. In the Swiss Franc it is doing much the same. However, in the dollar it has been rising, hitting new highs at $1,475. Today it jumped to €1,026 and through $1,480. If we follow the suggestion of Robert Zoellik the head of the World Bank, that gold should be a 'value reference' for the gold price, then we cannot look at the gold price in an individual currency, we must look at the currency's value against gold.
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Friday, April 15, 2011
Rhodium Deeply Oversold Relative to Gold and Silver Which is in a Bubble / Commodities / Gold and Silver 2011
RHODIUM TRADING THOUGHTS is about timely and profitable trading of precious metals. We do not believe every turn in the market can be called. Our goal is that our recommendations should be profitable. Profits are the goals, not trades. Do not expect all recommendations to be profitable. No system can achieve that lofty goal.
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Friday, April 15, 2011
Gold Hits New Dollar High, Silver Extends Sterling Records on China Inflation / Commodities / Gold and Silver 2011
WHOLESALE-MARKET PRICES to buy silver and gold jumped at the start of Asian trade on Friday, hitting new 31-year and all-time Dollar records respectively, as Beijing reported a surge in China's growth and inflation rates.
Hitting a 3-year high of 5.4% – and with current bank-deposit rates raised last week to just 3.25% – "China's outlook for inflation might raise the threat of more aggressive monetary conservatism by Chinese authorities," says Standard Bank, especially given that GDP figures were also unexpectedly strong" at 9.7% year-on-year.