Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, April 18, 2012
Gold/Platinum Ratio Suggests Much Higher Gold Prices Are Coming Soon / Commodities / Gold and Silver 2012
There is an interesting pattern developing on the Gold/Platinum Ratio. This pattern is similar to a previous pattern on the silver chart. Below, is a graphic which features the Gold/Platinum Ratio chart (top) as well as the silver chart (bottom) (charts courtesy of stockcharts.com):Read full article... Read full article...
Wednesday, April 18, 2012
Gold Silver and Bear Raid Breaks Momentum / Commodities / Gold and Silver 2012
The paper money munchkins and metal bears are making their stand for gold at $1650 and silver at 32. That seems fairly obvious. They will hold it until they cannot, and then will fall back to defend a slightly higher price level. I like to think of it in American football terms. The bulls are going for a first down, and the bears are trying to hold them back.
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Wednesday, April 18, 2012
"Waning Enthusiasm" for Gold and Silver as Prices Drift Lower / Commodities / Gold and Silver 2012
SPOT MARKET gold bullion prices drifted lower in Wednesday morning's London trading, hitting $1640 an ounce ahead of US trading – a 1.1% fall on the week so far – while stock markets also fell and commodities were broadly flat.
Silver bullion fell as low as $31.52 per ounce – broadly in line with where it started the week.
UK government bond prices dipped – while German bunds gained as Eurozone concerns continued to focus on Spain.
Wednesday, April 18, 2012
Central Banks Favour Gold as IMF Warns of “Collapse of Euro” and “Full Blown Financial Markets Panic” / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,646.50, EUR 1,258.41, and GBP 1,030.80 per ounce. Friday's AM fix was USD 1,652.00, EUR 1,255.51 and GBP 1,035.54 per ounce.
Silver is trading at $31.61/oz, €24.16/oz and £19.78/oz. Platinum is trading at $1,577.25/oz, palladium at $656.90/oz and rhodium at $1,350/oz.
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Wednesday, April 18, 2012
Gold and Silver Price Manipulation and How They Do It / Commodities / Gold and Silver 2012
Marshall Swing writes: This article is about what I call classic gold and silver manipulation by the commercial banks.
I list steps in the commercial process that ends in commercial positions profiting and speculator positions with losses or no gains:
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Wednesday, April 18, 2012
WTO Suit Won't End China's Rare Earth Monopoly / Commodities / Metals & Mining
Washington misses the point about rare earth element supply, says Jeffery Green, founder of J.A. Green & Co. With the Departments of Energy, United States Trade Representative and Department of Defense each approaching China's near monopoly from different angles and Congress more divided than ever, it takes an expert like Green to illuminate the structure of this complex global market. In this exclusive interview with The Critical Metals Report, Green explains the fragmented policy developments in this space and pending WTO action, arguing that the U.S. needs to develop a domestic supply chain in order to remain competitive.
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Wednesday, April 18, 2012
Domestic Crude Oil Production Is Bullish for Americans / Commodities / Oil Companies
For Morgan Stanley Analyst Evan Calio, a challenge is really an opportunity, at least when it comes to finding discounted equities in the oil and gas space. In this exclusive interview with The Energy Report, he explains why the distribution bottleneck that is causing a historically wide price differential between WTI and Brent is actually an opportunity for refiners and Americans everywhere.
The Energy Report: Oil and gas controversies are all over the news these days. Evan, what is your take on the space?
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Tuesday, April 17, 2012
Gold and Silver Bull Market Progress Report / Commodities / Gold and Silver 2012
As the following chart (courtesy Federal Reserve Bank of St. Louis) reveals, Central Bank easing continues 'to the sky.'
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Tuesday, April 17, 2012
Gold Fear vs Love / Commodities / Gold and Silver 2012
Why do people choose to own gold?
As I see it, there are two reasons for owning gold: one out of love, the other out of fear.
When looking at gold investment we see similar parallels drawn between past and present, East and West. The difference is, in the words of James Turk, ‘What money is and what money has become.’
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Tuesday, April 17, 2012
Big Opportunity in Big Oil: Total (NYSE: TOT) / Commodities / Oil Companies
On March 25, France-based Total announced that it had detected a natural gas leak at its Elgin Platform in the UK portion of the North Sea, about 240 kilometers (150 miles) from the Scottish coast near Aberdeen. The company shut in the wells surrounding the platform and evacuated all personnel safely with no reported injuries. Total also set up a 2-mile safety perimeter around the field to protect passing boat traffic from danger.Read full article... Read full article...
Tuesday, April 17, 2012
Gold Bearish Trend Remains, Silver sees Comex Warehouse Stocks Surge to 10-Year Highs / Commodities / Gold and Silver 2012
SPOT MARKET gold prices were hovering just above $1650 an ounce ahead of Tuesday's US trading – in line with where they have spent most of the last month – while stock markets in Europe ticked higher following Spain's successful auction of short-term Treasury bills.
"Gold remains in a bearish trend so long as it stays below $1697, which was the most recent top on March 27," say technical analysts at bullion bank Scotia Mocatta.
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Tuesday, April 17, 2012
The Future of Gold and Money, Paper Dollar and Euro Will Debase in a Big Way / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,652.00, EUR 1,255.51, and GBP 1,035.54 per ounce. Friday's AM fix was USD 1,648.25, EUR 1,266.03 and GBP 1,040.69 per ounce.
Silver is trading at $31.72/oz, €24.15/oz and £19.88/oz. Platinum is trading at $1,568.68/oz, palladium at $650.20/oz and rhodium at $1,350/oz.
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Tuesday, April 17, 2012
Are Gold Stock Fundamentals Still Bullish? / Commodities / Gold & Silver Stocks
In the face of a correction or poor price action, we'll often hear analysts proclaim the bullish fundamentals of precious metals. While this is true on a structural and secular basis, it doesn't mean the market always advances every year or two. We've written about the wall of worry phase and how progress in the second third of a bull market is limited. The HUI hasn't made any net progress in the past four and a half years. It has actually made only limited progress since 2006! Furthermore, the typical corrections in this sector are wicked. Corrections of 25% are routine and happen several times per year. As we noted in our last editorial, this market has endured several 40% setbacks. As market observers and investors we need to be especially diligent about the near-term fundamentals and weigh them with the present risk/reward of the market.
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Monday, April 16, 2012
Where’s the Beef for Gold Stocks? / Commodities / Gold & Silver Stocks
Gold bulls have plenty of room to graze in the stockyard these days as the investing herd migrated to other assets during the market’s steep climb in 2012. For the fourth time in the past year, gold bears outnumbered the bulls in Bloomberg’s weekly Gold Bull/Bear Sentiment Survey. In fact, the bears had the bulls outnumbered by almost 2-to-1.Read full article... Read full article...
Monday, April 16, 2012
Gold, Silver and Copper Stocks Investing Strategie / Commodities / Gold & Silver Stocks
Precious and base metal companies both have to obey the basic laws of physics and economics to be profitable. In this exclusive interview with The Gold Report, geologist turned analyst Vishal Gupta of Fraser Mackenzie shares names of small-cap companies that could successfully take advantage of unique mineralogy to produce profitable mines.
The Gold Report: You are an analyst and a geologist. Can you explain the fundamentals behind investing in base metals compared to precious metals?
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Monday, April 16, 2012
IMF Credits Gold as a Safe-Haven Asset / Commodities / Gold and Silver 2012
The International Monetary Fund recently said that it expects commodity prices to fall this year as the global economy remains weak. In the organization’s World Economic Outlook, it said, “Sizable downside risks to global growth also pose risks of further downward adjustment in commodity prices.” The ongoing European debt crisis is slowing creeping back into focus as Spain faces rising interest rates. While safe-havens in the current financial system are limited, the IMF recognizes gold as an option for investors seeking portfolio protection.
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Monday, April 16, 2012
Does Gold Ever Pay? / Commodities / Gold and Silver 2012
Is it fair to characterize gold bullion as an investment...?
WHY BOTHER investing? Five years into the financial crisis – and more than a decade after the US market hit its big top in real terms – you might well ask. Especially now that cash, bonds, Treasuries and stocks pay between zero and sweet nothing in yield, just like gold bullion.
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Monday, April 16, 2012
"Euro Crisis Back" as Spanish Yields Spark "Renewed Market Panic" / Commodities / Gold and Silver 2012
WHOLESALE gold bullion prices traded just below $1650 an ounce for most of Monday morning's London session – well within the past month's range – as European stock markets edged higher while commodities fell.
The Euro meantime sank to a two-month low against the Dollar, as investors turned their attention to rising Spanish government borrowing costs.
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Monday, April 16, 2012
Gold Consolidating Over Euro 1,200 As Spanish 10 Year Bond Yield Hits 6.15% / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,648.25, EUR 1,266.03, and GBP 1,040.69 per ounce. Friday's AM fix was USD 1,670.50, EUR 1,269.86 and GBP 1,048.91 per ounce.
Silver is trading at $31.48/oz, €24.16/oz and £19.87/oz. Platinum is trading at $1,571.50/oz, palladium at $638/oz and rhodium at $1,350/oz.
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Monday, April 16, 2012
The Case For Cheap Gold! / Commodities / Gold and Silver 2012
I want to spend a lot of time talking about gold and looking at it from a different perspective. For years many analysts and gold bugs have made the claim that gold is cheap relative to just about anything else, but they never tell you why. In today’s report I want to deal with the “why” because I think it’s important to understand that if you purchase gold at $1,400, $1,500, $1,600 or even $1,700, it is totally irrelevant. As a first step toward understanding why it’s undervalued, you need to look at the creation of fiat currency in the United States from 1980 to date:
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