Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, April 29, 2010
Gold Strong On Eurozone Debt Crisis 'Canary in the Coalmine' as U.S. Deficits Soar / Commodities / Gold and Silver 2010
Gold finished at its highest level since early December and had its fourth consecutive day of gains Wednesday as a debt ratings downgrade for Spain and surging credit spreads created new fears of the eurozone sovereign debt crisis spreading and financial contagion. Gold for June delivery gained $9.60/oz, or 0.8%, to $1,171.80 an ounce on the Comex division of the New York Mercantile Exchange. Gold remained near record nominal highs in pounds, euros and Swiss francs. Some of the gains were given up in Asian trade overnight prior to gold rising again in all currencies in early European trade this morning. The US dollar and British pound have fallen and this is seeing gold rise again today (see currency table below).Read full article... Read full article...
Thursday, April 29, 2010
The Winners and Losers in the ‘Commodities New World Order’ / Commodities / Resources Investing
Martin Hutchinson writes: In the "commodities new world order," commodity producers will be king.
Investors who need proof need only consider recent events. Iron ore prices are at record levels, and the annual-price-setting arrangement has broken down. Venezuela President Hugo Chávez has signed "dark side" agreements with Russian Prime Minister Vladimir Putin for Russian companies to develop Venezuela's oil-and-mineral resources. China may have invested $1 trillion or so in U.S. Treasuries, but the Asian giant's only truly successful investment so far has been the 17% stake it took in Canadian-resources player Teck Resources Ltd. (NYSE: TCK).
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Thursday, April 29, 2010
Gold a Viable Alternative to Fiat Currencies, Despite Manipulation / Commodities / Gold and Silver 2010
One thing the Greek crisis has shown us is that gold is a viable alternative to currencies. In spite of all the manipulation by the US government and the consistent blatant attempts to suppress both gold and silver they come back time after time. Gold finished last week strongly, as did silver and this week they will have to hold off the onslaught of our elitists, as both gold and silver options expire simultaneously.
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Thursday, April 29, 2010
Spain is in Pain, U.S. Dollar and Gold Are Safe Havens / Commodities / Gold and Silver 2010
It’s been an interesting week with Spain being downgraded as Europe debt crisis widens. This has investors looking at the US dollar in a new light thinking that maybe it’s not that bad of an investment after all. This sent the US Dollar higher along with the price of gold so far this week.
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Thursday, April 29, 2010
Gold, Silver, Palladium, True Bull Market / Commodities / Gold and Silver 2010
"The injuries that befall us unexpectedly are less severe than those which are deliberately anticipated." ~ Marcus T. Cicero, 106-43 BC, Great Roman Orator, Politician
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Thursday, April 29, 2010
Gold Stocks Sector, Get Prepared For Massive Launch / Commodities / Economic Stimulus
We have been looking at global trends and the debt markets very carefully this year so as to remain prudent about our views on the direction of gold and the Australian gold sector. This may seem like a long bow to draw however the thigh bone is connected to the knee bone when it comes to global markets and capital flows.
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Thursday, April 29, 2010
Greek Debt Downgraded to Junk Bond Status Hitting Stocks / Commodities / Gold and Silver 2010
Its been coming for some time now and today it arrived, the S&P has downgraded Greek debt to Junk and took Portugal down two notches to A minus. This news, although expected, hit the Euro and promptly sent the dollar and gold prices higher, nice to see them both going up together.
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Thursday, April 29, 2010
Gold, The Ultimate Currency Hedge / Commodities / Gold and Silver 2010
Nothing works like gold when you need to hedge against your own currency...
WEDNESDAY'S NEWS that, at last, Standard & Poor's has caught up with the bond market – and the steady trickle of fleeing bank deposits – by downgrading Spanish debt had a marked effect on the Euro.
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Wednesday, April 28, 2010
What Is Gold Actually Worth? / Commodities / Gold and Silver 2010
"If we have a robust gold price, we are going to have a robust junior-stock market," asserts Mickey Fulp, "The Mercenary Geologist." In this exclusive interview with The Gold Report, Mickey explains that gold evaluations may not be reflected in prices. You'll also learn that he is more bullish on a select group of companies rather than on the sector as a whole.
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Wednesday, April 28, 2010
10 For Gold Zero For The Dow / Commodities / Gold and Silver 2010
It seems that gold and the Dow have an agreement regarding the number 10. This number has acted like a “golden ratio” in that things really start to happen before or after the Dow/gold ratio breaches 10, either way.
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Wednesday, April 28, 2010
All Aboard the Gold Train as Recognition Move Approaches / Commodities / Gold and Silver 2010
Since early 2009 we’ve written about the super-bullish long-term cup and handle pattern in Gold. It dates back to 1980 and has a logarithmic target of about $2,100. We noted that previous cup and handle patterns in Gold all reached their logarithmic target1. We expect that this move to $2,100 will be the recognition move that awakens the masses to the Gold bull market and the reality of severe inflation in the near future.
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Wednesday, April 28, 2010
Gold Defies Surging Dollar as Debt Contagion Hits Euro / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in large, wholesale gold bars held near a 4-month high vs. the Dollar early in London on Wednesday, trading above $1162 an ounce even as the US currency hit a 12-month hit against the Euro on fresh political wrangling over the Greek government bail-out.
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Wednesday, April 28, 2010
Gold New Record Highs on Safe Haven Demand / Commodities / Gold and Silver 2010
Gold rose to its highest level in 2010 (highest since December 4th, 2009) and new record highs in euros, Swiss francs and British pounds as ratings downgrades of Portugal and Greece fanned sovereign risk and contagion fears. Gold dipped to $1,146/oz early in New York before rising sharply to $1,164/oz on the downgrade news. It then saw profit taking and closed with a gain of 0.7%.
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Wednesday, April 28, 2010
Still Water Mining (SWC), A Compelling Palladium Investment / Commodities / Palladium
"To believe in one's dreams is to spend all of one's life asleep." ~ Chinese Proverb
In an article titled the Palladium; the stealth bull market, we explored the Palladium bull market and laid down the criteria necessary for Palladium to trade to the 800 ranges. We are going to post some of the excerpts of this article below before we take a look at Still water mining (SWC).
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Wednesday, April 28, 2010
Digital Silver: Precious Components / Commodities / Gold and Silver 2010
The new electronic age couldn't be better for silver investors. As consumers swap out their cell phones every two years and Apple releases a new product meant to bridge the gap between cell phones and personal computers, silver has plenty of room to prosper.
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Wednesday, April 28, 2010
Derivative Overhaul is Powerful for Physical Metals / Commodities / Metals & Mining
As Congress looks to pass a financial overhaul bill to prevent a second coming of the Troubled Asset Relief Program and another financial crisis, one of the biggest winners are holders of physical precious metals. Language in the bill meant to reduce the volume of the derivatives market could send the price of physical metals soaring.
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Wednesday, April 28, 2010
Gold Potential to Hit $2,000 to $3,000 Within 2 Years / Commodities / Gold and Silver 2010
This month’s jump up in precious metals, resources and oil reinforces that the lows in February were likely the lows for the downward correction.
For now, the second quarter is off to a good start. The fact that gold’s decline was mild (down 13½%) is saying that the underlying bull market is strong and solid. You should now have your positions bought and in place, waiting for the bull market to further unfold.
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Tuesday, April 27, 2010
Is the Plunging Euro Bullish or Bearish for Gold? / Commodities / Gold and Silver 2010
In our previous essay we've discussed i.a. the changes in the strenght of influence that the U.S. Dollar has on the price of gold and what it means to gold Investors / Traders. In the following essay, we will provide you with a follow-up on the analysis regarding U.S. Dollar, and then we will move to the gold market itself.
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Tuesday, April 27, 2010
Amid Push For Renewable Energy, Saudi Arabia Cautiously Turns Over Green Leaf / Commodities / Renewable Energy
The promise of green energy has intrigued the Middle East, where concern about future reserves runs deep, but Saudi Arabia's recent plan for a multibillion-dollar investment in traditional oil projects underscores lingering concern about betting on renewables.Read full article... Read full article...
Tuesday, April 27, 2010
Gold and Silver Firm Despite Rising Dollar as Greek Debt Contagion Spreads / Commodities / Gold and Silver 2010
THE PRICE OF GOLD slipped below $1150 an ounce on Tuesday morning in London's wholesale market, dropping 0.3% from Monday's finish as the US Dollar rose and world stock markets fell once again.
"Contagion" fears over Greek government debt continued "spreading quite rapidly to Portugal, Spain, Ireland and Italy," said one credit strategist.