Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, September 01, 2010
How to Buy Silver, Special Report / Commodities / Gold and Silver 2010
Peter Krauth writes: As precious metals go, silver may not have quite the same mystique as gold.
But let's be honest: The "white metal" has its backers, too.
Read full article... Read full article...
Wednesday, September 01, 2010
Why the Bank of Japan's Economic Stimulus is Good For the Gold Price / Commodities / Gold and Silver 2010
The issue this week was the meeting of the Bank of Japan where they debated what to do about a Yen strong enough to damage Japanese exports, the mainstay of the Japanese economy. It was agreed that Japan will spend 920 billion yen [$10.8 billion] on economic stimulus and compile an extra budget if needed.
Read full article... Read full article...
Wednesday, September 01, 2010
Where the King of Natural Gas Forecasting Says Prices Are Headed / Commodities / Natural Gas
First Energy analyst Martin King – whom I believe has called the natural gas market in North America better than anybody over the last two years – gave up on the likelihood of higher natural gas prices for the next 18 months in a report today, Aug 30.
Read full article... Read full article...
Tuesday, August 31, 2010
Gold Thrusts Higher / Commodities / Gold and Silver 2010
Not sure what specifically triggered the pre-market thrust in gold and in the SPDR Gold Shares (NYSE: GLD), but there are probably 10 fundamental reasons we can come up with, aside from the resumption of the "flight-to-safety" excuse.
Right now, every time I think about the reason for a powerful new upleg in gold prices, my mind gravitates to the following thought -- that questions about the efficacy of the most powerful governmental institutions on the planet (the Fed and the BOJ) might slowly but surely be eating away at investor confidence that current eco-financial problems can be appropriately dealt with, and remedied.
Read full article... Read full article...
Tuesday, August 31, 2010
Addendum to the 'Flations - Gold $5,000 / Commodities / Gold and Silver 2010
Federal Reserve Chairman Ben S. Bernanke delivered a much-anticipated speech on Friday, August 27, 2010. There was no reason to think this talk would be more or less important than his other talks except for the degree of hysteria whipped up by the media in advance. Bernanke was addressing an audience of fellow central bankers and their camp followers at an annual gathering in Jackson Hole, Wyoming. There have been memorable comments at these late summer getaways, such as, in 2005, when past-Federal Reserve Board Vice Chairman Alan Blinder claimed then-current-Federal Reserve Chairman Alan Greenspan might be the "greatest central banker who ever lived."
Read full article... Read full article...
Tuesday, August 31, 2010
Gold Holds in Tight Range as Stocks Fall / Commodities / Gold and Silver 2010
THE PRICE OF GOLD held in a tight range as London re-opened after the Summer Bank Holiday on Tuesday, slipping $3 an ounce to $1235 as world stock markets fell again to near the end of August some 6% down on the month.
Silver prices reversed an earlier 1.5% drop to trade back at $19.12 an ounce.
Tuesday, August 31, 2010
China and the Copper Bull Market / Commodities / Metals & Mining
In this author’s opinion, China, and to a lesser extent India and other developing nations, are responsible for the largest and longest base metals bull market the world has ever experienced. Many fear the bull market for natural resources is over when in fact nothing could be further from the truth. This seems especially true, because of the supply/demand picture, regarding copper.Read full article... Read full article...
Tuesday, August 31, 2010
Gold Forecast to Hit $1500 During 2011 / Commodities / Gold and Silver 2010
Concerns that the US economy is sliding back into recession has led to equities internationally coming under pressure and further flows into safe-haven assets. Gold and silver have consolidated from last week's gains and remain near closing levels from yesterday and last week. The yen - a preferred carry trade at times of financial stress - rose back to a 15-year high against the dollar as doubts remain about Japan's attempt to weaken the currency. Interestingly, despite the yen's recent strength, gold remains near multiyear record highs in the Japanese currency (see chart).
Read full article... Read full article...
Tuesday, August 31, 2010
Gold and Silver Stocks Opportunity in Economic Crisis / Commodities / Gold & Silver Stocks
Listening to Trader Tracks Editor Roger Wiegand talk about market conditions and precious metals is like listening to your favorite uncle tell stories at Thanksgiving. The difference is that Roger's stories are a lot more likely to make you money. In this exclusive interview with The Gold Report, Roger offers up a few of his favorite gold and silver plays and some sage market advice.
Read full article... Read full article...
Tuesday, August 31, 2010
How to Invest in Junior Gold and Silver Mining Companies / Commodities / Gold & Silver Stocks
The various large-cap gold stock indices are readying for a major breakout. As we’ve noted, this isn’t just a breakout through 2008 highs but a breakout through highs dating back to 1980. Yes, there are some gold stock indices like the Barron’s Gold Mining Index and others, which show a 30-year base dating back to 1980. This will be a historic breakout for the gold stocks.Read full article... Read full article...
Monday, August 30, 2010
Silver Producers Enter Profitable Phase / Commodities / Gold & Silver Stocks
The latest quarterly (Q2, ended June 30, 2010) results from a number of silver producers confirm that they are now entering a phase of sustainable profits. We will look at several companies and try to make sense of the numbers as well as make an EPS projection for the calendar year 2010. This particular selection of companies was not meant to be a comprehensive overview of the entire group of silver producers, yet our intention was to provide a meaningful representation of it. Frankly, these companies are doing better than most of the rest of the group in terms of absolute earnings and comparative rate of growth versus prior years. Notable omissions include Fresnillo (LSE: FRES), Hochschild Mining (LSE: HOC) and Polymetal (LSE: PMTL) mainly due to time constraints and access to data. Companies in the table below are listed in alphabetical order.
Read full article... Read full article...
Monday, August 30, 2010
Silver and Gold Fall from Favor / Commodities / Gold and Silver 2010
It seems many main stream commentators from the financial channels have abandoned the precious? Rather than beating the drum that gold is over $1000 per ounce we hear that gold is in a bubble.Read full article... Read full article...
Monday, August 30, 2010
Major Gold Rally Coming … / Commodities / Gold and Silver 2010
I’m seeing unusual strength in the gold market. Strength that has reversed the very short-term negative trends in gold to positive, and even given me a new cycle projection on my software.
In fact, I believe gold’s recent action is so significant, it’s bearing important messages about the future. I’ll get to those in a minute, and how you should prepare your finances. First, more on the recent action in gold …
Read full article... Read full article...
Monday, August 30, 2010
Red Books And Yellowcake - The Permanent Quest For Uranium / Commodities / Uranium
The nuclear industry, both military and civil has been short of uranium since the start. Enrico Fermi's very first experimental plutonium brewing Manhattan Project reactor was built under a New York City football stadium in 1941, to produce radioactive explosives for the USA's first atom bomb. This tiny reactor of a few kiloWatts power contained a few dozen kilograms of enriched uranium and produced only milligrams of plutonium, which was feverishly gathered and stored.
Read full article... Read full article...
Monday, August 30, 2010
Silver Up 6% Last Week - Gold-Silver Ratio at 65 Sees Value Buyers Accumulating Silver / Commodities / Gold and Silver 2010
Markets nervously await data this week including the important monthly jobs number which will likely again underline the risks of a double dip recession. While Asian shares advanced, European shares (London closed for a public holiday) have been more tentative this morning and the US futures are marginally positive. Currencies markets have not seen much movement but yen is stronger again today despite concerns that the government action will not be able to control currency price movements.
Read full article... Read full article...
Monday, August 30, 2010
Ratio Analyses Suggest Gold and Silver Will Go MUCH Higher! / Commodities / Gold and Silver 2010
“Analyzing the long-term relationships of gold with other assets suggests that, in most instances, physical gold and silver and the shares of the companies that mine those precious metals have major upside potential – truly major – in the years to come.”So said Ronald-Peter Stöferle in a 71 page report* on gold he recently released. In an e-mail** to me he implored that I “spread the (golden) word” which I have done below, in Part 2 (access Part 1*** below), in a reformatted and edited [...] version for the sake of clarity and brevity and to ensure a fast and easy read. Stöferle went on to say:
Read full article... Read full article...
Monday, August 30, 2010
The Price of Gold is on the Rise, A September Song / Commodities / Gold and Silver 2010
The time has come. Look to the skies.
The price of gold is on the rise.
In bullish years, on Labor Day
The price of gold becomes in play.
Monday, August 30, 2010
Bernanke Pledge on Economy Gives Some Relief to Oil Prices / Commodities / Crude Oil
Oil prices recovered some lost ground Friday after Federal Reserve chairman Ben Bernanke said the Fed stands ready to do whatever it takes to support economic recovery.The benchmark West Texas Intermediate October futures contract gained 2.5% on Friday, settling at $75.17 a barrel and wiping out losses from the beginning of the week. The expiring September contract closed at $73.46 a week ago.
Read full article... Read full article...
Sunday, August 29, 2010
Silver Stages a Bullish Breakout / Commodities / Gold and Silver 2010
After looking extremely vulnerable for weeks, silver staged an upside breakout last week that has taken the price away from the danger zone and also signaled a probable breakout to new highs that, should it occur after such a prolonged standoff, can be expected to lead to a powerful uptrend that takes the price to a target area in the high $20’s.
Read full article... Read full article...
Sunday, August 29, 2010
Gold Within Striking Distance of Hitting New Highs / Commodities / Gold and Silver 2010
In the last update we were looking for gold to turn lower, it did turn lower and dropped quite heavily back to its 200-day moving average. However, it has risen all the way back up again and is now within striking distance of breaking out to new highs.
Read full article... Read full article...