Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, March 21, 2012
Gold Remains Vulnerable while Silver Support Threatened by Downtrend / Commodities / Gold and Silver 2012
WHOLESALE MARKET gold prices rose to $1660 an ounce Wednesday morning London time – more or less where they ended last week – before easing ahead of US markets open, while stock, commodity and government bond prices held broadly steady following news that the UK government deficit rose sharply last year.
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Wednesday, March 21, 2012
How to Trade Gold with ETFs and Options / Commodities / Gold and Silver 2012
Larry D. Spears writes: With few exceptions, most leading financial gurus agree that every portfolio should include some physical gold.
But while the yellow metal itself is great as a long-term hedge against turmoil and inflation, it's a lousy trading vehicle.
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Wednesday, March 21, 2012
The Bullish Case for Large-Cap Oil Stocks / Commodities / Crude Oil
With oil prices near record highs, who are the big winners in this energy bull market? Fadel Gheit, managing director and senior analyst of Oppenheimer & Co. has large-cap explorers and producers on his radar. In this exclusive interview with The Energy Report, Wall Street veteran Gheit shares his top picks for diversification, income and even growth.
The Energy Report: What is your current investment theme?
Wednesday, March 21, 2012
Iran Says "Gold Is Money" / Commodities / Gold and Silver 2012
Louis James, Casey Research writes: Economic crises signal that the current system isn't working as expected and needs improvement. When it comes to monetary systems, questioning their fundamentals can lead to doubts about whether the preferred medium of exchange will continue to be preferred for long. The large-scale whirlwind of economic trouble around the globe has pushed some to rethink the role of gold in the economy – and to actually move toward bringing it back.
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Wednesday, March 21, 2012
Global Oil Market Needs Canada's Crude / Commodities / Crude Oil
Canada's natural resources minister told delegates at the International Energy Forum in Kuwait that his country was on the cusp of becoming an "energy superpower." Canada ranks No. 6 in terms of global oil production, but much of its crude exists in the form of oil sands. European leaders are considering a measure that would classify oil sands as an environmental issue, prompting Canada to threaten to take the issue to the World Trade Organization. With the U.S. political system in a deadlock over Canadian crude, the Ottawa government is now working to convince the international community that the global market is in jeopardy if polices "discriminate against oil sands."
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Tuesday, March 20, 2012
IEA Report Shows We Are Already In A 'Peak Oil' Context / Commodities / Crude Oil
The most recent IEA Oil Market Report, for February, could be interpreted as bringing some good news to oil importer countries of the OECD group, for which the IEA is the "energy watchdog agency". Its report said that oil demand in the OECD group, at about 46.25 million barrels per day (Mbd) was still 1.25 Mbd below the 5-year average for oil consumption by the 30-nation developed economy group.
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Tuesday, March 20, 2012
Massive Silver Price Spike Imminent / Commodities / Gold and Silver 2012
Gold and silver are very close to entering the mania phase of this bull market. In order for gold and silver to go into the mania phase, value has to be diverted from somewhere, and that “somewhere” is most likely stocks. Since 2000, there has been a correction in stock values, in real terms; however, nominally, stocks are still significantly high (close to its all-time highs).
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Tuesday, March 20, 2012
Gold Not Looking Great But Fundamentals Still Solid / Commodities / Gold and Silver 2012
U.S. DOLLAR gold bullion prices dropped to $1643 an ounce Tuesday lunchtime in London – 1.0% down on Friday's close – as stock and commodity prices also fell and US Treasury bonds rose.
"[Gold] support is at $1625," says the latest technical analysis from bullion bank Scotia Mocatta.
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Tuesday, March 20, 2012
Good As Gold! / Commodities / Gold and Silver 2012
I want to talk about gold today. Two weeks ago when spot gold was around 1,670.00 I wrote a piece entitled “When To Be Greedy” telling investors to buy. Since then we’ve survived a number of attempts to push the price lower and it is trading at 1,660.00 as I type. In short not much has happened and patience is running thin. In the meantime the dollar tried to rally and failed, the bond suffered a significant break down causing a real spike in interest rates and the Dow broke through significant resistance at 13,323.
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Monday, March 19, 2012
Dow vs. Gold vs. Silver since 2008 / Commodities / Gold and Silver 2012
We can read all sorts of opinions about what you should do with your money and we hear the scuttlebutt from every pundit out there (including myself!) but at the end of the day, it is about what has done well and what hasn't done well.
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Monday, March 19, 2012
Silver Goes Green / Commodities / Gold and Silver 2012
Although gold receives most of the attention in the precious metals space, silver is an amazing metal itself. In addition to being a store of wealth, silver is used in everything from automobiles to alternative energy needs. Almost all electronics are configured with silver. However, the smelting process, which involves extracting silver from ores by burning off unwanted minerals and elements such as lead, can raise pollution concerns. This is an obstacle that Royal Silver Company is tackling at the source. Now, even the most environmentally conscious investor lacks a reason to not invest in silver.
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Monday, March 19, 2012
Europe's QE3 Will Boost Gold and Silver / Commodities / Gold and Silver 2012
Gold is pulling back to long term support and is able to be purchased at a discount. Investors may be seeking riskier assets due to fears of inflation and higher interest rates. Right now industrial metals such as copper/ nickel, oil and blue chips are outperforming due to their value of being hedges against inflation and represent the riskier assets.
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Monday, March 19, 2012
Gold "Could Correct to $1600" with "Buyers Reluctant" / Commodities / Gold and Silver 2012
THE SPOT gold price held above $1650 per ounce Monday morning in London – staying within $10 of where it closed last week, but over 4% down on the month so far.
"The market feels a bit top-heavy, which may imply a further correction on the downside to $1600," warns the latest note from Swiss precious metals refiner MKS.
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Monday, March 19, 2012
Gold and Silver Stocks Are Decoupling from the Stock Market / Commodities / Gold & Silver Stocks
Normally, decoupling from the stock market is a good thing. In recent turbulent times, many have wondered if emerging markets would decouple or if gold stocks would decouple. Its surprising to see gold stocks decouple from a strong stock market. Many wondered if the sector would decouple from a weak market. Yet, the decoupling now could be positive long-term provided the decoupling continues when the stock market peaks just below the 2007-2008 highs.
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Saturday, March 17, 2012
Should Investors Sweat Gold’s Losing Streak? / Commodities / Gold and Silver 2012
Early Friday, gold prices remained mostly flat. However, prices headed towards their third consecutive week of losses, the longest losing streak for the precious metal since October. Despite concerning economic reports, gold and silver seem to be sidelined for the moment.
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Saturday, March 17, 2012
Canada Sees Gold Mining Resurgence / Commodities / Gold & Silver Stocks
Amid the bustle of the 80th Prospectors and Developers Association of Canada (PDAC) convention in Toronto, The Gold Report sat down with PDAC President Scott Jobin-Bevans for his take on the challenges the mining industry faces. In this exclusive interview, he covers a wide range of topics, from skilled labor shortages to the trials of mining in remote northern Canada.
The Gold Report: What are the key challenges the mining industry faces in 2012–2013?
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Saturday, March 17, 2012
Another Healthy Correction for Gold and Silver Price / Commodities / Gold and Silver 2012
I have received several emails this week asking my thoughts on the current price action in precious metals. Some subscribers are asking how low gold and silver might go in the short term and my honest response is “I have no idea.” Anyone that claims they can predict the short-term price movements in a market as manipulated as this one is blowing hot air. The banks can utilize leveraged paper contracts to take gold down to $1,200 and silver to $20 if they want to, in the short term.
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Friday, March 16, 2012
Wanted! Bearish Gold Bulls / Commodities / Gold and Silver 2012
Gold's bull run is exhausted, apparently. Yet it's due only a shower, not a bath...
SO GOLD BULLS are turning bearish. But not really.
"A number of things which would have kept people with an eye on the upside for gold prices have now been neutralized," says RBS's Nick Moore, who cut the state-owned UK bank's 2012 targets for precious metals other than gold in January.
Friday, March 16, 2012
The Upside to a Natural Gas Downturn / Commodities / Natural Gas
Marin Katusa, Casey Research writes: The energy market is a complex beast, its many parts interconnected through a multitude of linkages. When one part fails, the entire system reacts: certain linkages are burdened with extra stress, while other components sit idle. Only by studying the entire machine can one understand the rippling effects that stem from one change.
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Friday, March 16, 2012
Gold Price Rollercoaster Likely to Go Up / Commodities / Gold and Silver 2012
The roller coaster metaphor we used two weeks ago after the $90 flash crash in the price of gold seems appropriate this week as well. It must be tough out there for precious metals investors. Wednesday gold futures tumbled again. April-delivery gold fell $51.30, or three per cent, to settle at $1,642.90 an ounce, the lowest gold settlement price in more than eight weeks. The dollar strengthened and traders reacted to the U.S. Federal Reserve’s rate decision and policy statement in the previous session, which buried any hopes for now of more monetary easing in the short term. Investors have been hoping that the Fed would take action again to spur the economy.
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