Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, December 01, 2010
How and Where Manganese & Magnesium is Used / Commodities / Metals & Mining
Manganese is found in nature as a free element, in combination with iron and many other minerals. The most important industrial use of manganese is as an alloy, predominantly in the steel industry. In fact, there is no comparative substitute for manganese in its primary applications. Pure magnesium, on the other hand, is not found as a free element because of its highly reactive nature. The primary industrial applications of magnesium are as a component of aluminum and zinc alloys, in the removal of sulfur in the iron and steel-manufacturing sector, and in the production of metals such as titanium.
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Wednesday, December 01, 2010
Long on Natural Gas, Longer on Crude Oil / Commodities / Oil Companies
Even if the pace of China's growth slows dramatically, count on the commodities boom to continue, says Adrian Day Asset Management Chairman and CEO Adrian Day. That bodes well for oil, as China's huge population will at least double per-capita consumption of oil over the next decade—maybe even drive it up fivefold. In this Energy Report exclusive, Adrian discusses Indian and Chinese demand and why he isn't worried long term about natural gas.
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Tuesday, November 30, 2010
IMF To Soon Announce Completion of Gold Sales / Commodities / Gold and Silver 2010
At the end of October the I.M.F. had 32.7 tonnes of gold left to be sold. In September they sold 32 tonnes of gold and in October 19.5 tonnes, in the open market. Should they continue selling at the pace of September then we would expect to hear the announcement in December and probably in the first half of December. If they continued the slower pace of selling of October then we will have to wait until January 2011 for the announcement. We believe that this is significant because it will signal the real end of "Official" selling of gold. The signatories of the Central Bank Gold Agreement, with the exception of small deals in coins have not sold for over a year now. With the completion of the I.M.F. sales the annual 400 tonnes of 'official' selling will not be available to the market.
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Tuesday, November 30, 2010
Where is Gold Headed Next? / Commodities / Gold and Silver 2010
The gold market has been pushing out its normal level of frustration and anxiety for the past several weeks.
So the question becomes, is the gold market pausing to move higher, and of course the Bulls would argue this, or is it forming the head and shoulders top that many technicians are looking for? Of course, this would be a bearish sign for gold if this technical formation is completed.
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Tuesday, November 30, 2010
Gold Over €1,056/oz on Concerns of European Contagion Spreading / Commodities / Gold and Silver 2010
Concerns that the European debt crisis will spread has seen equities, bonds and the euro come under pressure and gold rise in all currencies. With the euro having fallen to 1.30 against the dollar, gold has risen to near record nominal highs over €1,056/oz. Gold is also higher in Swiss francs, Japanese yen and sterling and appears to be targeting £900/oz (GBP).Read full article... Read full article...
Tuesday, November 30, 2010
Euro Gold Hits New Record High as "Too Big to Bail" Risks Infecting German Bunds / Commodities / Gold and Silver 2010
THE PRICE OF PHYSICAL wholesale gold bullion bars touched a 1-week high for Dollar investors but broke new all-time records for Euro and Sterling buyers on Tuesday morning, as industrial commodities slipped and the US currency rose against all competitors bar the Japanese Yen.
The single Euro currency fell through $1.30, sending the gold price in Euros to new highs above €34,000 per kilo.
Monday, November 29, 2010
Gold, No Bearish Head and Shoulders Pattern / Commodities / Gold and Silver 2010
In the past week I’ve seen more than a few mentions of the potential head and shoulders pattern in Gold. A head and shoulders pattern occurs when a market forms three peaks and the middle peak is noticeably higher than the left and right peaks. However, that is not enough for the pattern to play out as projected in the textbooks. There are other important characteristics of this pattern, which many technicians ignore or are unaware of.
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Monday, November 29, 2010
Middle East Crude Oil About to Catch Fire! / Commodities / Crude Oil
Crude finds itself at a bid not because of the joint maritime exercises between U.S and South Korea but due to biggest tranche of documents released by Wiki Leaks. We can safely say that Middle East had this coming their way, perhaps because everyone has almost had it with the Oil’s monopoly and OPEC’s Cartel. Who then suffers the most with the latest documents released pertinent to Middle East? The Middle East itself! The recent release of secret documents carrying sinister views of variety of leaders about their neighbors appears to be an attempt to induce a paradigm shift in Iranian foreign policy for shifting their focus from USA to the foes closer at hand then as previously perceived by them.
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Monday, November 29, 2010
The Gold Standard Never Dies / Commodities / Gold and Silver 2010
John Maynard Keynes thought he had pretty well killed gold as a monetary standard back in the 1930s. Governments of the world did their best to help him. It took longer than they thought. Gold in the money survived all the way to Nixon, and it was he who finally drove the stake in once and for all. That was supposed to be the end of it, and the beginning of the glorious new age of paper prosperity.
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Monday, November 29, 2010
Gold Rises vs. Falling Euro and Stock-Markets / Commodities / Gold and Silver 2010
THE PRICE OF GOLD slipped against the Dollar but held steady vs. the Euro in London on Monday, reversing an earlier rally as the Euro slipped to a new 9-week low to the Dollar following the weekend's €85 billion rescue package for Ireland, agreed with the International Monetary Fund and European Union.
Irish banking shares rose sharply, but government bonds were little changed on the news, with the yield on Spanish 10-year debt continuing to trade near all-time record highs over comparable German bonds.
Monday, November 29, 2010
Thailand Joins Asian Rush For Canadian Oil Sands / Commodities / Crude Oil
Don Miller writes: Thailand last week joined the crush of Asian countries rushing to acquire a stake in Canada's giant oil sands projects when its PTT Exploration & Production Public Co. Ltd. (OTC ADR: PEXNY) agreed to buy 40% of Statoil ASA's (NYSE ADR: STO) Canadian oil sands project for $2.3 billion.
PTTEP, the exploration and production unit of state-owned PTT PCL, is making Thailand's first foray into Canada's oil sands, the largest source of crude oil outside the Middle East.
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Saturday, November 27, 2010
Gold Continues to Trace Out Possible Bearish Head and Shoulders Pattern / Commodities / Gold and Silver 2010
Gold continues to act as one would expect when tracing out a bearish head and shoulder pattern. It’s not finished yet and may not but it does require careful attention over the next week or so.
It’s the U.S. Thanksgiving week-end and most people are in holiday mode. Having lived over a dozen years in the U.S. I’ll go along with that. This week is just the facts, little commentary.
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Saturday, November 27, 2010
The Gold Price Isn't About Gold! / Commodities / Gold and Silver 2010
Since 2000, the gold price has risen from $300 to $1,400 an ounce. There are several more important reasons than its being 'just a commodity.' The strongest driving force behind gold's rise in the last four years has been investment demand. As a commodity, it doesn't tarnish, it's a great conductor, and makes good looking jewelry. But these reasons are not the reasons why people invest in gold.
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Saturday, November 27, 2010
How the U.S. Government Guaranteed the Coming Global Food Crisis / Commodities / Food Crisis
Porter Stansberry with Braden Copeland write: Over the last several years, I've written constantly on the growing likelihood of a global currency collapse.
The governments of Europe and the United States have accumulated debts so large they can't ever hope to repay them, except with currencies whose value will be inflated away by money-printing.
Friday, November 26, 2010
Downstream Value in Rare Earth Metals Companies / Commodities / Metals & Mining
Byron Capital Markets Analyst Jon Hykawy sees the rare earth elements (REE) sector for what it is—something much different from mining copper or gold. He believes the keys to making money in rare earths involve metallurgy, deposit location, marketing and downstream integration. In this Gold Report exclusive, Jon makes his case for rare earth elements and the companies he believes have the best chance to deliver them at a profit.
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Friday, November 26, 2010
Gold Buying Demand Hump Shifting from Diwali to Chinese Xīn Nián / Commodities / Gold and Silver 2010
China isn't the world's No.1 gold buyer just yet. But its impact is already showing in how global gold prices move...
SURGING DEMAND from China, the world's second-largest gold buyer, is changing seasonal patterns in gold price trends for investors everywhere.
Friday, November 26, 2010
Gold, Silver Impacts By China’s Infrastructure Building for Long-term Economic Growth / Commodities / Gold and Silver 2010
In an earlier article we saw the might of China’s residential sector. An examination of the non-residential sector and infrastructure initiatives in China puts beyond doubt the support for metals from China alone. However, withdrawal of the effect of the stimulus combined with cautious investors expecting a correction in China’s real estate may result in an imminent correction before prices continue upward.
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Friday, November 26, 2010
Falling Silver and Strong Gold Signal Chinese Economic Slowdown / Commodities / Gold and Silver 2010
THE PRICE OF GOLD fell hard against the US Dollar in London on Friday, unwinding the last of this week's earlier 2.1% gain as global stock markets and industrial commodities fell across the board.
The silver price dropped 3% from the start of Friday's "thin and quiet" trading in Asia, as one Hong Kong broker described it.
Friday, November 26, 2010
Gold Holds Steady as Silver Targets $30 on Demand and Increasing Debt Contagion Risk / Commodities / Gold and Silver 2010
Gold is steady in dollars and pounds but has risen again in euros as the dollar has fallen in world markets. Gold is being supported by renewed concerns of contagion in eurozone debt markets and the risk that tensions in the Korean peninsula will escalate into a war. The hesitant risk appetite of recent days has dissipated again on these concerns. This is seeing falls in equity markets internationally and gold being supported – particularly in euro terms.
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Friday, November 26, 2010
What Do Rising Interest Rates Mean for the Price of Gold? / Commodities / Gold and Silver 2010
Over the long run, everything is driven by interest rates.Stocks, bonds, gold, real estate, etc. are all heavily impacted by interest rates.
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