Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, March 23, 2011
Gold Seen Nearing Cyclical Peak / Commodities / Gold and Silver 2011
THE PRICE OF PHYSICAL gold bullion rose sharply against all major currencies on Wednesday morning in London, touching near-two-week highs against the Dollar even as the US currency rose amid fresh European debt and budget concerns.
Crude oil and world equity prices were little changed, but major-economy government bonds rose as UN air-strikes continued in Libya, targeting loyalist Gaddafi troops attacking the rebel-held town of Misrata.
Wednesday, March 23, 2011
Why Sam the Gas Station Man is Pumping His Last Gallon of Gas / Commodities / Gas - Petrol
Kent Moors, Ph.D. writes: I am a great believer in the American entrepreneurial spirit. In fact, the U.S. economy stands or falls on our ability to provide enough space to allow small folks to have big-time dreams.
However, when times get difficult, some little folks end up under the bus - along with their dreams.
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Wednesday, March 23, 2011
Gold Stock Seasonality / Commodities / Gold and Silver 2011
Many analysts focus on the seasonality of Gold and Silver. Why? It plays out most of the time. The metals tend to peak in the late spring and then bottom in the early summer before moving into the sweet spot of the year. When researching seasonality, I came across this chart from equityclock.com that shows the seasonality of the XAU Gold Stock Index.
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Wednesday, March 23, 2011
Gold Karats & Diamond Carats; Ounces & Troy Ounces: What’s the Difference? / Commodities / Gold and Silver 2011
You have no doubt read countless articles on the price of gold costing “x dollars per ounce”, own a gold ring or some other piece of gold jewellery and/or wear or have bought/plan to buy a diamond ring but do you really understand what exactly what you are buying? What’s the difference between 1 troy ounce of gold and 1 (regular) ounce? What’s the difference between 18 and 10 karat gold? What’s the difference between a .75 and a 1.0 carat diamond? Let me explain.
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Wednesday, March 23, 2011
Financial Conglomeration Gives Rise to Metals / Commodities / Gold and Silver 2011
In the coming weeks, it is expected that the world’s financial centers will be intertwined further, with the stock markets becoming united under one massive banner. The Nasdaq’s OMX group is expected to launch an offer to buy NYSE Euronext, though it may be already too late.
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Wednesday, March 23, 2011
Gadaffi and The Hidden Pot of Gold in Libya / Commodities / Gold and Silver 2011
Speaking through a telephone call to state television, Libyan leader Moammar Gadhafi delivered quite a defiant tirade on Sunday, March 20 vowing a 'long war to victory' and pledged retaliation against the international military action descended upon Libya. Many military experts have suggested that the number of troops loyal to Gadhafi could be fewer than 10,000, and argued that Gadhafi will not last long at all
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Wednesday, March 23, 2011
Coal Stocks All Fired Up / Commodities / Coal
The earthquake, tsunami and resulting problems at the Fukushima nuclear power plant in Japan could impact some coal plays as global demand shifts to fossil fuel. In this exclusive interview with The Energy Report, UBS Securities Analyst Shneur Gershuni argues a bullish case for coal demand and shares some select coal stocks poised to benefit significantly.
The Energy Report: How has the tragedy in Japan at the Fukushima nuclear power plant impacted the outlook for coal globally?
Tuesday, March 22, 2011
Gold Bullion Storage, Think Like a Thief / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: It’s official: the greatest number of responses to any article I’ve written since joining Casey Research was to Robbed!,the story of my friend’s gold being stolen and the suggestions for storage. It’s clear the article struck a nerve – from those who’ve also been a victim of theft, to those who were simply looking for additional ideas for storage locations.
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Tuesday, March 22, 2011
Gold Is For Real Wealth Preservation – Not Speculation / Commodities / Gold and Silver 2011
BMG considered it a great privilege to have David Ranson, President and director of research of Wainwright Economics join BMG on March 8th for our Gold is for Real Wealth Preservation - Not Speculation webinar. Wainwright Economics is an investment research and strategy firm which for over 30 years has helped the institutional investment community in devising effective investment strategies through intelligent use of market data and superior understanding of how markets behave over time.Read full article... Read full article...
Tuesday, March 22, 2011
Gold and Silver Investors Don't Get Disrtraced by Japan Events / Commodities / Gold and Silver 2011
It's very difficult for a trader to stick to a plan and not let news events dictate decisions. But every once in awhile there are news items that come along and attempt to trip investors up, forcing some to take their eye off the big picture. Many of us understand the long-term potential of precious metals and commodities, but the emotions -- either unbridled enthusiasm or gloom and doom -- of the herd often affect our decisions negatively at short-term turning points. This past week the news out of Japan (iShares MSCI Japan Index (EWJ)) affected the majority of investors, who liquidated their positions and ran to the US dollar and to long-term Treasuries as safe havens, which I believe was a mistake as the G-7 came to the support of Japan.
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Tuesday, March 22, 2011
Gold and Silver Slip as "Soft Dollar" Loses to "Vigilant" Euro / Commodities / Gold and Silver 2011
THE PRICE OF GOLD slipped together with crude oil, government bonds and European stock markets on Tuesday morning, retreating 0.7% from yesterday's near 2-week high against the falling US Dollar.
Power cables were reconnected at all 6 of the stricken nuclear reactors in Sendai, Japan, where some half-a-million people remain homeless.
Tuesday, March 22, 2011
Gold Just 1% From Record Nominal High of $1,444/oz – Risk of Dollar Crisis Increases By Day / Commodities / Gold and Silver 2011
The U.S. dollar and yen are under pressure again today while gold and silver have taken breathers after yesterday’s gains (see table). Rather than gold and silver rising in price, we are seeing the continual devaluation of the U.S. dollar, the yen and all fiat currencies and thus their prices falling against the precious metals.Read full article... Read full article...
Tuesday, March 22, 2011
Series of International Crisis Impact on Gold / Commodities / Gold and Silver 2011
The first quarter of the new year has been a tumultuous one, marked by geopolitical unrest in North Africa and the Middle East, major natural disasters in New Zealand and most recently in Japan, and of course ongoing economic turmoil throughout much of the industrialized world. This has resulted in rather extreme market volatility, amid fits of risk aversion associated with broad-based uncertainty about the likely impact of recent events.
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Monday, March 21, 2011
Oil Sands Fueling the Future / Commodities / Crude Oil
Marin Katusa, Casey Energy Opportunities writes: For many years, trying to tap an oil sands deposit accomplished about as much as sipping molasses through a straw, but that is changing. So do oil sands companies make a good investment now?
Humans and bacteria share a surprising number of features, not least in what they consider good food. In general, the smaller and simpler the molecule, the easier it is to digest. So, about 50 million years ago, when and where bacteria had a chance to chow down on some of the rich hydrocarbons we call oil, one might expect them to start on the smaller, tidier mouthfuls, and indeed they did.
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Monday, March 21, 2011
Coal ETF Approaching Resistance / Commodities / Coal
Once again, let's notice that the Market Vectors Coal ETF (KOL) is bumping up against its key near-term resistance line, now at 49.11, which so far has thwarted the upmove off of the most recent pivot low at 45.17.
That said, my near- and intermediate-term work argue in favor of a penetration of the resistance line, which will trigger upside follow-through above 49.85 on the way to 51.50.
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Monday, March 21, 2011
Crude Oil’s Piracy Premium / Commodities / Crude Oil
Hollywood pirates such as Jack Sparrow and Blackbeard are glorified characters among uncivilized peers, stealing from the rich and acquiring bounties of gold. While the adventures of these 19th century caricatures are entertaining, their 21st century descendants are a growing threat to a shipping industry responsible for nearly 80 percent of the world’s trade.
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Monday, March 21, 2011
Gold and Silver Are At the Threshold of Another Bullish Rally / Commodities / Gold and Silver 2011
This chart courtesy Federal Reserve Bank of St. Louis, shows the Monetary Base is rising exponentially. The current total is 2.35 trillion dollars. The increase since Jan 1/11 is 15.7%. The annualized increase is almost 65%! This increase is providing fuel for gold and silver to rise! The bankers of the world are concerned about social unrest and unemployment. They will continue to inflate (in the mistaken belief that this will solve the social problems), while pushing the effect (hyperinflation) as far into the future as possible.
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Monday, March 21, 2011
China Imports 245 Tonnes of Silver in February and Qatar SWF “Interested” in Buying Silver / Commodities / Gold and Silver 2011
Gold and silver rose on the open in Asia and have continued those gains so far in European trading with the Libyan military conflict leading to a safe haven bid and falls in the dollar and yen. The all time and multiyear nominal dollar highs set on March 7th ($1,444.95/oz and $36.75/oz) look set to be challenged as gold is less than 1% from its record high and silver less than 2% from its nominal recent high.Read full article... Read full article...
Monday, March 21, 2011
Gold & Silver Jump vs. Falling Dollar, "FX Volatility" Seen Driving Demand / Commodities / Gold and Silver 2011
THE PRICE OF GOLD jumped against a falling Dollar at the start of Asian trade on Monday, hitting near-two-week highs for US investors as crude oil also leapt following the weekend's joint UN air strikes on Libya.
The BBC reported that a key Gaddafi "command center" had been destroyed in Tripoli, capital of Africa's third-largest oil producer.
Monday, March 21, 2011
Aussie Gold Stocks Surge / Commodities / Gold & Silver Stocks
Global events currently support gold and Australian gold stocks. Yet gold and the ASX-XGD index have been in a consolidation and correction mode of late. The Australian gold sector has underperformed gold itself over the past two weeks, within a long-term uptrend, offering some sweet pickings which we did not waste. Investors swooped on these exceptional investment opportunities late last week as the Australian gold sector surged up from oversold lows. Here are the supports (from 5 year – 1 week tick chart) I provided in Newsletter 27 released 16th March:
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