Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, November 14, 2010
Why You Should Have Silver as well as Gold in Your Portfolio / Commodities / Gold and Silver 2010
Jerry Western writes: Silver has had quite a run the last couple months so it’s no surprise that it has gained much attention and interest from investors – even more so than gold. It is extremely volatile, however, and tends to rise or fall in spurts so I’d like to focus on its attributes as compared to gold, make a case for holding some, and discuss some ultimate price possibilities.
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Sunday, November 14, 2010
Gold Price Worst Plunge Since February, Will it Do the Same Again? / Commodities / Gold and Silver 2010
Ouch! That was some decline on Friday, the worst single day decline since early Feb. The Feb decline ended the next day and gold took off for a $350 advance until this past week. Will it do the same again?
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Sunday, November 14, 2010
The United States Has Too Much Natural Gas / Commodities / Natural Gas
The U.S. is starting to supply gas to Europe. The surplus of domestic production and the active procurement of LNG in Qatar allowed the country to re-export gas using the so-called arbitrage transactions which means transferring purchased gas to new buyers. The first gas transport will come to the UK this weekend.
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Sunday, November 14, 2010
Energy Sector Outlook Positive for Investors / Commodities / Crude Oil
Trends in the energy sector remain positive. We think current conditions and trends have created one of the best investment environments for us in years:
EIA Demand Forecast - Last month the International Energy Agency (IEA) raised its 2010 global oil demand forecast upward, to 86.9 million barrels per day from 86.6 million barrels per day. This will be an increase of 2.0 million barrels per day over year earlier levels.
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Sunday, November 14, 2010
How to Get In Early On America's Next Great Commodity Boom / Commodities / Natural Gas
Chris Mayer writes: If you're interested in safely making money in commodities over the coming decade, I have two important numbers for you...
The first is the price of natural gas in the U.S. – which is less than $4 per million British thermal units (mBtu).
Sunday, November 14, 2010
iShares Silver Trust (SLV) Growing at a Blistering Pace / Commodities / Gold and Silver 2010
We kick off with a quick look at the ‘weekly’ chart of iShares Silver Trust (SLV) which shows the sudden jump in the volume of shares traded last week largely attributable to the surprise changes to the rules governing the use of margin, which were introduced with immediate effect, causing investors to scramble to meet higher margin requirements.
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Saturday, November 13, 2010
Why Some Think a Gold Standard Wouldn’t Work / Commodities / Gold and Silver 2010
There is a lot of wailing and gnashing of teeth from Moron Keynesian Trash (MKT) about the brave Robert Zoellick, president of the World Bank, saying that what the world needs is a modified gold standard for currencies, which it does, in spades.
The Financial Times, long a champion for Keynesian stupidity despite constant inflation in prices, had an editorial from one of these MKT, who opines, “Could a gold standard help international currency co-ordination? In theory it could, if the state were willing to accept the restrictions on national monetary policy and the currency account adjustments that a gold standard entails.”
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Saturday, November 13, 2010
Panic Time for Peak Oil Pundits / Commodities / Crude Oil
It seems the panic time for both green enthusiasts and peak oil pundits.
According to a new paper by two researchers at the University of California – Davis, it would take 131 years for replacement of gasoline and diesel given the current pace of research and development; however, world's oil could run dry almost a century before that.
Saturday, November 13, 2010
Volume Signals Gold and U.S. Dollar Counter Trend Move / Commodities / Gold and Silver 2010
Price action that comes after a major announcement reveals a lot about underlying economic trends and the psychology of the market. Leading up to the election investors became enthusiastic on precious metals and commodities as QE2 was celebrated. Then the official announcement of QE2 caused the precious metals to gap higher as euphoria of the Fed's move were celebrated. As the celebration continued for gold bugs, as hard as it was, I believed was time to fight the investment herd and take profits. I warned readers that a healthy correction could begin and do not buy the recent breakout. Key high volume reversal days and negative divergences indicated there could be 15-20% correction and a countertrend rally in the dollar.
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Friday, November 12, 2010
Trading Gold Options with Long-term Calendar Spreads / Commodities / Gold and Silver 2010
At this point anyone following financial markets realizes that current market conditions are directly impacted by the movement of the U.S. dollar. Recently the dollar has shown strength and could potentially be putting in an intermediate or potentially longer term bottom. At this point it is a fool’s game making predictions, but the current Dollar Index daily chart shows that the price is above the 20 day simple moving average which is generally a bullish signal. The daily chart of the Dollar Index (.DXY) can be seen below.
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Friday, November 12, 2010
Silver Consolidation and Monetary Reforms Give Gold Seal of Approval / Commodities / Gold and Silver 2010
Now it’s official! The yellow metal has gotten the golden seal of approval. This week none other than the President of the World Bank said leading economies should consider readopting a modified global gold standard to guide currency movements. Writing in the Financial Times, Robert Zoellick, the bank’s president since 2007, says we need a successor to what he calls the “Bretton Woods II” system of floating currencies.
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Friday, November 12, 2010
Can Gold Do Now What The Rentenmark Did For Germany In 1923? / Commodities / Gold and Silver 2010
What was a "Rentenmark"?
At the left you see a one billion Mark note that was among the last printed notes of the Weimar Republic which saw the dreadful hyperinflation from the war's end to August 1923. At the right was a currency that replaced it and which helped terminate the hyperinflation that infested Europe, but was at its worst in Germany.
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Friday, November 12, 2010
Silver Extremely Overbought, Tops Analysis / Commodities / Gold and Silver 2010
Since emerging out of the usual summer doldrums, silver’s performance has been dazzling. Buyers are returning to this hyper-speculative metal en masse, driving some fast-and-furious gains. And the Fed poured rocket fuel on silver’s hot rally last week when it announced its newest inflationary campaign.
The broad commodities rally the Fed sparked helped catapult silver up a massive 11.4% in just 3 trading days! This amazing surge capped a total run of 58.3% in the several months since silver’s summer lows. It’s been a lot of fun watching some life return to this long-neglected metal, and we’ve enjoyed some big realized gains in silver stocks thanks to this silver upleg.
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Friday, November 12, 2010
Gold and Silver Tumble as Dollar Rises on Irish Crisis / Commodities / Gold and Silver 2010
THE PRICE OF GOLD gave back the last of this week's move to new Dollar and Sterling record-highs in London trade on Friday, but held nearly 1.8% stronger for Eurozone investors as the Irish debt crisis forced a joint statement from European leaders attending the G20 summit in Seoul.
US stock markets opened the day 0.5% lower – and broad commodity markets fell over 1.5% – as rumors spread of a possible tightening in Chinese interest rates following yesterday's stronger-than-expected consumer price inflation figures.
Friday, November 12, 2010
The Gold Standard Never Dies, Despite Bankster's Best Efforts to Kill it / 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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Friday, November 12, 2010
Gold Profit Opportunities and Threats from The Debt Bomb Exploding / Commodities / Gold and Silver 2010
Here is the glaring hole in the United States Federal Reserve's approach to what it calls stimulus, and what history will one day categorize as fraud: You can't use your own debt to purchase more debt when you can't repay the original debt. The crime is compounded when you know you're never going to repay the debt. It amounts to treason to intentionally destroy the integrity of the nation's money."
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Friday, November 12, 2010
Natural Gas Investing, Something Important You Need to Know / Commodities / Natural Gas
Shale gas changed everything, according to professional geologist and Pierce Points Newsletter Writer Dave Forest. Using hydraulic fracturing technology, North American gas producers have unlocked trillions of cubic feet of new, unconventional gas reserves from shale over the past decade. "U.S. natural gas output has taken off since 2006," he says, "as shale plays like the Haynesville, Marcellus and Eagle Ford have come online." So, with all this new supply, why has U.S. gas demand remained relatively flat? Obviously, the new world of gas supply and demand has not been kind to prices. What will drive them higher? In this Energy Report exclusive, Dave reveals that Eagle Ford producers could give their gas away and still make a tidy profit on the shale wells selling nat gas liquids.
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Thursday, November 11, 2010
When to Sell Gold / Commodities / Gold and Silver 2010
Terry Coxon, Senior Editor, Casey Research writes: By now you have plenty of reason to congratulate yourself for having boarded the gold bandwagon. The early tickets are the cheap ones, and you've already had quite a ride. The best of the ride, I believe, is yet to come, and it should be very good indeed. It should be so much fun that your wallet may start to feel a bit giddy - which can be dangerous. So it would be wise to consider, now, how things will be and how they will feel when the current bull market in gold reaches its "end of days." Because it will end.
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Thursday, November 11, 2010
Fed QE2 $600 Billion of Money Printing Over the Next Eight Months / Commodities / Gold and Silver 2010
Crossing the Rubicon into the World of QE - “Imagination is more important than knowledge,” the brilliant Albert Einstein used to say. Imagine for just a moment that the Dow Jones Industrials has become a key instrument of national economic policy, and that by “actively managing” its direction, the Federal Reserve could impact the wealth of tens of millions of US households, and by extension, influence consumer confidence and spending. By ramping up the money supply, and slashing interest rates to zero percent, in order to inflate stock market bubbles, the Fed could in theory, fuel an economic rebound.
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Thursday, November 11, 2010
Why $100 Dollar Crude Oil Is Rational / Commodities / Crude Oil
At the present time, because "currency wars" are the new Call of Duty for finance ministers and central bankers worldwide, it could be risky to predict oil prices attaining US$ 100 a barrel before year end. If the rash of competitive devaluation and depreciation of leading moneys continues, especially the US dollar and the euro, with the Chinese Yuan still receiving the same treatment, a tilt back into global economic recession is in no way impossible. And any dip in global economic growth will slay oil prices, like other commodities and equity values.Read full article... Read full article...