Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, January 08, 2011
Real Silver Highs / Commodities / Gold and Silver 2011
Thanks to its awesome autumn rally, silver has become something of a rock star in the commodities world. Investors and speculators alike are enthralled with this white metal. But with it just hitting new 30-year highs, many on Wall Street suspect silver is stretching to bull-ending extremes. However once silver’s modern history is recast into real inflation-adjusted terms, this metal’s secular bull is still looking young.
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Friday, January 07, 2011
Gold Price Breakdown Target / Commodities / Gold and Silver 2011
Happy New Year everyone!
This is my first video for 2011 and I think it's an important one to kick off the New Year.
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Friday, January 07, 2011
Why Gold Can Hit $4,000 / Commodities / Gold and Silver 2011
This week, I added a significant position in gold and gold mining to my portfolio.
By 2020, a justifiable price for gold is roughly $4,000 per ounce.
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Friday, January 07, 2011
Gold Bounces as US Job Data Disappoints / Commodities / Gold and Silver 2011
DOLLAR PRICES for gold bullion bounced from a near 6-week low as New York trading began on Friday, rallying above $1360 an ounce as US employment data came in below analyst forecasts for Dec.
Non-farm payrolls added 103,000 jobs. The participation rate for the US labor force fell further below two-in-three.
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Friday, January 07, 2011
Gold Correction Continues Despite Chinese New Year / Commodities / Gold and Silver 2011
Gold’s New Year correction continues and it has fallen another 0.7% today and 4% since the start of the year. This most recent correction is due to profit taking initially, increased risk appetite due to some positive economic data and the dollar’s recent strength.Read full article... Read full article...
Friday, January 07, 2011
The Gold Bull Market – Two out of Three Ain’t Bad / Commodities / Gold and Silver 2011
The gold bull market, which started from a low of $255 an ounce in early 2001, looks as strong as ever after hitting a new high price of $1,420 an ounce in late December last. In the initial years, gold’s rise had more to do with it being a cheap asset following a 20-year bear market through the 1980s and 1990s. More lately, its strength reflects deep-seated investor concerns regarding ongoing global monetary instability which has been created by persistent global trade imbalances, quantitative easing and the intervention by central banks to weaken their own currencies, of which Japan is the latest example.
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Friday, January 07, 2011
Gold, Commodities Divergence Against Baltic Dry Index Trend / Commodities / Commodities Trading
For weeks now I have been going on about the divergence between the commodities prices and the Baltic Dry Index as the former rallies while the latter sinks almost daily. Last night was no exception as the Baltic Dry Index took another big dive as you can see here:
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Thursday, January 06, 2011
Gold Falls vs. Dollar, Hong Kong Premiums Rise on "Very Good" Asian Buying / Commodities / Gold and Silver 2011
INVESTORS LOOKING to buy gold saw the Dollar price slip back from an overnight bounce but rise in Euro terms Thursday morning in London, as world stock markets rose and the US currency extended its rally.
Crude oil also slipped against the Dollar but held above $90 per barrel after yesterday's 1% jump on unexpectedly strong US economic and energy demand data.
Thursday, January 06, 2011
When Will Gold and Silver Go Down? / Commodities / Gold and Silver 2011
Gold and silver are in a bubble, if the bulk of economists and financial pundits are to be believed. With no dictionary definition of what exactly a financial bubble is, we are left to our own devices to interpret the significance of such a proclamation according to our own experiences.Read full article... Read full article...
Thursday, January 06, 2011
Consolidation in Precious Metals – Range-bound Gold-Silver Ratio / Commodities / Gold and Silver 2011
Having dwelt a lot on the topic of the gold:silver ratio from a technical and quantitative standpoint in our earlier essays, it is about time we examined the ratio fundamentally. In the strictest sense of mean reversion, the ratio between gold and silver should follow a straight line over time. However, as observed in the previous article, the ratio not only has a wide range but also fluctuates between extremes. This means that the prices of gold and silver are perceived differently in different market conditions and a concept of mean reversion is not enough to interpret the gold:silver ratio.
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Thursday, January 06, 2011
How to Play the Current Silver, Gold and Dollar Reversal / Commodities / Gold and Silver 2011
This has been an interesting week for traders and investors as precious metals melt down on the back of a rising dollar. Equities on the other hand bucked the trend and moved higher as they get bought into earning season. Once the earnings start to be released we should see the market get sold on the good numbers and retail traders will buy into the good numbers as the smart money selling their shares while there is liquidity in the market.
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Thursday, January 06, 2011
Gold and Silver Precious Metals Investment Strategy for 2011 / Commodities / Gold and Silver 2011
As we start the new year, Rock Research Founder Mike Niehuser has doubts about growth and believes that inflation may spook stocks and bonds. In this exclusive interview with The Gold Report, Mike recommends looking for leverage to the metal price through investment in exploration and development metal stocks with large world-class assets, and names a few of his favorites.
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Thursday, January 06, 2011
How High Will Gold Go in 2011? / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: After stellar years for both gold and silver, what prices will precious metals hit in 2011? Here's an analysis based strictly on their price behavior in the current bull market.
First, take a look at the annual percentage gains that gold has registered since 2001 (based on London PM Fix closings):
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Wednesday, January 05, 2011
Correction In Gold And Silver Will Setup Next Major Move in 2011 / Commodities / Gold and Silver 2011
Traders entered the new year exiting their commodity positions on fear of growing austerity measures and possible exit strategies out of Central Bank quantitative easing strategies. There has also been a huge move into risky equities from traditional safe havens, but that may end in the next few weeks.
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Wednesday, January 05, 2011
Gold and Silver Mining Stocks, Why So Much Risk for that Pittance of a Reward? / Commodities / Gold & Silver Stocks
The “smart money” says if you want to rev up returns, then you must run to producers. Gold and silver, on their own, just match inflation, and they don't beat it. If only that were true!
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Wednesday, January 05, 2011
Silver 2011, Three December Details You Hopefully Haven't Forgotten / Commodities / Gold and Silver 2011
As January and the new year kick off to a fast start, we shouldn't be so quick to forget about 2010, especially the events of December 2010. A number of very important news releases will set the stage for the silver markets in 2011, and interestingly enough, one company, JP Morgan, is featured in each.
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Wednesday, January 05, 2011
Gold & Silver Reverse Last Week's Gains, "Slip Below"18-Month Trendline / Commodities / Gold and Silver 2011
BOTH SILVER and spot gold prices unwound what remained of last week's gains in London trade on Wednesday, retreating to $29.36 and $1380 per ounce respectively amid what several analysts called continued "profit taking" following 2010's strong rise.
World stock markets also fell, while crude oil and copper led a fresh 1.2% drop in the broad commodity markets.
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Wednesday, January 05, 2011
Why Rising Interest Rates are Super-Bullish for Gold and Silver / Commodities / Gold and Silver 2011
Heading into 2011, the consensus outlook on precious metals is slightly positive but the consensus believes that higher interest rates will ultimately support the US currency and in turn engender a move out of Gold. The Gold naysayers are using “rising rates” as a way to dismiss Gold. Let me explain why this belief is not only false but utterly dangerous.
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Wednesday, January 05, 2011
Strategic Metal Supplies Will Tighten in 2011 / Commodities / Metals & Mining
According to the World Steel Association, global steel demand in 2011 is expected to fall to 5.3% but in terms of volume, demand will still reach a record breaking 1.34 billion tonnes. As maturing economies continue to struggle to regain their foothold after the global economic downturn, the emerging BRIC (Brazil, Russia, India, China) nations are expected to dominate the demand curve, with India and China at the forefront.
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Wednesday, January 05, 2011
Steel Volume Set to Grow in 2011 / Commodities / Metals & Mining
World Steel Association (worldsteel) data states that the total crude steel produced by its 66 member countries during November 2010 was 114 million tonnes, which is 5.1% higher YoY. The first 11 months of the year saw a total crude steel production of 1.28 billion metric tonnes, a growth of 16.2% YoY. In Asia, China’s YoY crude steel production in November rose by 4.8% to reach 50.2 million tonnes, while India’s production rose by 3.15% YoY to reach 5.56 million tonnes. November production in the US went up by 13% YoY to reach 6.5 million tonnes while that of Brazil fell by 2.8% YoY to reach 2.6 million tonnes.
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