Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, January 30, 2013
What the Narrowing WTI/Brent Crude Oil Price Gap Means for Investors / Commodities / Oil Companies
Increasing pipeline capacity in the U.S. is expected to help close the troubling price differential between West Texas Intermediate and Brent prices. In this interview with The Energy Report, newsletter editor and international stock market strategist Elliott Gue discusses how this trend and other developments are affecting investment prospects, sharing some favorite names with upside potential.
The Energy Report: U.S. oil prices hit their third peak of 2012 soon after your last interview with us, then bottomed around $85 per barrel ($85/bbl) in early November. Now they're back in the mid-$90s. What's causing the recent strength?
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Tuesday, January 29, 2013
Blatant Price Manipulation Takes Place Every Day in Crude Oil Markets / Commodities / Crude Oil
License to steal
Every single day the oil market is manipulated, it is easy to see, right out in the open, and nobody does anything about it. It literally is like having a license to rob banks right in front of everybody, including the armed security guards.
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Tuesday, January 29, 2013
German Gold Repatriation Is Victory For Transparency And GATA / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,660.50, EUR 1,235.12, and GBP 1,057.17 per ounce.
Yesterday’s AM fix was USD 1,656.75, EUR 1,232.43, and GBP 1,052.77 per ounce.
Silver is trading at $31.09/oz, €23.23/oz and £19.84/oz. Platinum is trading at $1,675.50/oz, palladium at $737.00/oz and rhodium at $1,200/oz.
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Tuesday, January 29, 2013
Gold Bearish in Short Term Outlook as Fed Meeting Looms / Commodities / Gold and Silver 2013
WHOLESALE Gold Bullion prices climbed back above $1660 an ounce Tuesday morning, broadly in line with where they ended last week, as stocks and commodities fell slightly and the Dollar ticked higher against the Euro ahead of tomorrow's interest rate decision from the US Federal Reserve.
"We are seeing a technical rebound following a few days of price decline," one trader in Shanghai told newswire Reuters this morning.
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Tuesday, January 29, 2013
The Real Reason Germany Wants its Gold Back / Commodities / Gold and Silver 2013
Peter Krauth writes: After spending more than 50 years in foreign hands, Germany's gold is finally going home.
In a recent watershed decision the Bundesbank, Germany's central bank, has decided at least half of its gold should be held in its own vaults.
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Tuesday, January 29, 2013
Commodity Resource Stock Investors Can Expect Sunnier Days Ahead / Commodities / Resources Investing
During the current commodity supercycle, there have been occasions--too many to count--when investor psyche has been damaged by reports about slowing U.S. growth, a hard landing in China or a debt crisis in Europe. Yet just behind the gloom, significant and positive trends are taking hold, causing the storms to start dissipating.
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Tuesday, January 29, 2013
Betting on Mediterranean Oil and Gas Shale / Commodities / Shale Oil and Gas
The Mediterranean has joined the shale game, but as most of Europe's Mediterranean countries drag their feet, all eyes are on Israel, Turkey, and Algeria.
For Israel, it will be a slow road without the majors.
For Algeria, it's full speed ahead, in theory--but the foreign interest is just dabbling for now due to a lack of shale infrastructure.
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Tuesday, January 29, 2013
How to Pick the Best Gold Bullion Mining Stocks / Commodities / Gold and Silver 2013
Sasha Cekerevac writes: Many investors in gold bullion have become increasingly worried due to the lack of price appreciation lately. Even though there has been an aggressive monetary policy initiative by the Federal Reserve, gold bullion and mining stocks in the sector have declined.
Obviously, no one can predict the future; it’s impossible to know for sure where gold bullion, or mining stocks in general, will be in the future.
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Monday, January 28, 2013
Fracking - U.S. Going Down The Wrong Road / Commodities / Water Sector
Some things are so sad that you have to laugh. One of the big rallying cries in Washington is that we’ll make the US ‘oil independent’ in a decade or two, meaning we’ll no longer have to depend on foreign imports. Of course it’s typical of Washington that no one tells you what the cost of such a bold venture will be, and I’m not necessarily talking about the dollar cost either. The supposed key to breaking the shackles of foreign oil is a process called “fracking”. Fracking is a process that injects a mixture of water and rock-shattering chemicals (all benign, according to industry) into an underground shale formation with the goal of opening fissures in the rock that allow hydrocarbons to flow to the surface.
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Monday, January 28, 2013
What Past and Future Speculative Bubbles Indicate for Gold and Silver! / Commodities / Gold and Silver 2013
This is not a prediction of future prices of gold and silver; it is an indication of what could happen in a speculative bubble environment based on the history of previous bubbles.
I’ll summarize a simple analysis of past bubbles.
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Monday, January 28, 2013
Crude Oil and Energy Stocks Trend Forecast / Commodities / Crude Oil
Crude oil has been trading ways for the past year between the 2011 high and low. The trading range through 2012 has been contracting with a series of lower highs and higher lows. This pennant formation because it is taking place after an uptrend is a bullish pattern with $110 and possibly even $140+ per barrel in the next 6-18 months.
If you look at the weekly investing chart of crude oil the key support and resistance levels area clearly marked. A breakout of the white pennant will trigger a move to the next support or resistance level. And judging from the positive economic numbers not only form the USA but globally the odds are increased for the $110+ price target to be reached sooner than later.
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Monday, January 28, 2013
Is "Saudi America" Oil Becoming a Reality? / Commodities / Crude Oil
Tony Daltorio writes: U.S. energy independence has been a dream since the oil embargoes of the 1970s. But this vision of a "Saudi America" has always been just a dream.
Investors and non-investors alike started talking in earnest about realizing that dream last November. That was after the International Energy Agency's (IEA) latest World Energy Outlook said that the U.S. would overtake both Saudi Arabia and Russia in oil output by the second half of this decade.
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Monday, January 28, 2013
Central Bank Gold Buying Frenzy / Commodities / Gold and Silver 2013
Tony Daltorio writes: Anyone investing in gold should recall that before the financial crisis in 2008 central banks were dumping the yellow metal - when it was trading for less than half of where gold prices are today.
But that certainly has changed in recent years.
In 2012, the world's central banks added the most gold to their reserves since 1964. Net official gold purchases added up to 536 metric tons, a gain of 17.4% from the previous year according to a report from Thomson Reuters GFMS. The estimate from the World Gold Council for such purchases is similar at 500 metric tons.
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Monday, January 28, 2013
Russian Gold Reserves Up 8.5%, Palladium Reserves “Exhausted” / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,656.75, EUR 1,232.43, and GBP 1,052.77 per ounce.
Friday’s AM fix was USD 1,670.25, EUR 1,243.39, and GBP 1,058.93 per ounce.
Silver is trading at $30.90/oz, €23.08/oz and £19.74/oz. Platinum is trading at $1,689.00/oz, palladium at $741.00/oz and rhodium at $1,200/oz.
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Monday, January 28, 2013
Gold and Silver Fall While Stock Markets Hit 5-Year Highs / Commodities / Gold and Silver 2013
THE U.S. DOLLAR gold price extended its losses from last week Monday, dipping to a near-three-week low below $1655 per ounce during London's morning trading, as stock markets ticked higher, with the FTSE 100 hitting its highest level since May 2008.
The S&P 500 meantime climbed above 1500 last week for the first time since December 2007.
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Monday, January 28, 2013
The Big Picture behind Germany Taking Half of Its Gold Home / Commodities / Gold and Silver 2013
Bundesbank announced last week that they'll repatriate 674 metric tons of their total 3,391 metric tonne gold reserves from vaults in Paris and New York to restore public confidence in the safety of Germany's gold reserves. The transfer from the Federal Reserve is set to take place slowly over a seven year period and will only be completed in 2020.
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Monday, January 28, 2013
Bank of England Gold - The Doubts Remain / Commodities / Gold and Silver 2013
Last week I wrote about the mess the Bundesbank has found itself in over its gold bullion. But they are not alone: the Dutch, Austrian, Mexican and now even the Swedish central banks are also coming under public pressure to explain themselves and to repatriate their gold.
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Monday, January 28, 2013
Is The Gold Tide Now Turning? / Commodities / Gold and Silver 2013
An open mind is essential for economic survival in today’s fast changing world – but one should be conscious of the potential for being attracted to arguments that lead to prejudicial outcomes.
The chart below (courtesy stockcharts.com) is a 5% X 3 box reversal Point &Figure chart of the ratio of gold shares/gold price. I have chosen this scale for the purpose of identifying long term trends
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Monday, January 28, 2013
Gold and Silver Miners Making Waves and New Trends / Commodities / Gold and Silver 2013
The precious metals sector has been dormant since both gold and silver topped in 2011. But the long term bull market remains intact. As long as we do not have the price of gold close below the lower yellow box on the monthly chart then technical speaking precious metals should continue much higher.
Large consolidation periods (yellow boxes) provide investors with great insight for investments looking forward 6-18 months upon a breakout in either direction (up or down). The issue with investing during these times is the passage of time. One can hold a position for months and sometimes years having their investments fluctuate adding extra stress to their life when they really do not need to.
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Sunday, January 27, 2013
Corn – Smart Money Putting On Short-Squeeze Clinic / Commodities / Commodities Trading
While most eyes remain fixed on gold and silver, and the stock market, to a
lesser extent, the Fed having driven the little investor away, we take a fresh
look at the corn market. It has been some time since we last visited grains,
and corn deserves some attention. What do traders in PMs, S&P, Natural Gas,
Notes, or Corn have in common? To them, nothing. Being chart-driven, for
us all charts are the same. An opportunity is what we look for, and it matters
not from which sector that opportunity arises. Nor does not matter what the
underlying product is in any chart. We are equal-seeking opportunists.