Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, March 08, 2012
Gold Spectacular Rally Pending a Trigger / Commodities / Gold and Silver 2012
Gold just needs a trigger to launch it for the most spectacular rally since the late 70’s. I believe that trigger is likely to be the crash (or decline) of the stock markets.
This crash, if it occurs, is in anticipation of the inevitable bursting of the debt bubble. This is much like during the Great Depression when the stock markets crashed and bottomed before Total Debt as a % of GDP peaked in 1933. The Sovereign Debt-Crisis (especially in Europe) is the obvious sign that the debt bubble is bursting; with every additional unit of debt producing less or no increased GDP.
Thursday, March 08, 2012
Asia Buys Gold Whilst the West Sells / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,701.50, EUR 1,287.26, and GBP 1,076.70 per ounce.
Yesterday's AM fix was USD 1682.50, EUR 1278.69 and GBP 1068.53 per ounce.
Read full article... Read full article...
Thursday, March 08, 2012
Does Gold Still Sparkle for Morgan Stanley and Germany? / Commodities / Gold and Silver 2012
It has been a rough week for precious metals. On Tuesday, renewed Greek concerns drove gold down $32 to close at $1,672.10 per ounce. It was gold’s lowest close and first time settling below $1,700 since late January. Meanwhile, silver fell 91 cents to end the day at $32.78 per ounce. Although gold prices have pulled back recently, Morgan Stanley and Germany appear to still have plenty of interest in the precious metal.
Read full article... Read full article...
Thursday, March 08, 2012
Why U.S. Government Confiscated Gold in 1933, Can it Happen Again? / Commodities / Gold and Silver 2012
Easily Revoked Privilege
We previously stated that gold ownership was made illegal on 1st May 1933. What we did not tell you was that U.S. citizens, under Order 6102, were allowed to own up to $100 in gold coin [+5 ounces]. Today that would be worth under $8,400, a mere token gesture to real gold owners. It acted as a tiny escape valve to the general body of citizens and did not detract from the fact that effective gold ownership was abolished. So that we fully understand the attitude of governments to gold, which remains real money in times of crisis, we add this paragraph:
Read full article... Read full article...
Thursday, March 08, 2012
Gold Investing, When to be Greedy? / Commodities / Gold and Silver 2012
There aren’t many things that are certain in life, but there is one thing can be written in stone. Fear and greed run the markets! It’s been that way since tulips were all the rage. The problem with the markets is that you have to buy when everybody is fearful and sell when everybody is greedy, and that goes against human nature. With respect to gold this human defect is magnified to a much larger degree, and is complicated by the fact that gold is perhaps the only market where greed and fear can work together. For years I have tried to convince readers to buy dips and sit through the declines, but to little avail. Gold is the only market I do that with and for good reason.
Read full article... Read full article...
Thursday, March 08, 2012
Gold and Silver, Are you buying the weakness or selling it? / Commodities / Gold and Silver 2012
Gold and silver appear to have bottomed yesterday on good ‘ole turn around Tuesday. Greece’s drama is just drama thatvleads to fear, but always moves forward. Greece has given traders one of the best opportunities for buying in the past 9 months. Each time Greece’s problems scare the weak hands it allows the stronger players to pick up great positions to sell into strength.
Read full article... Read full article...
Wednesday, March 07, 2012
Bernanke Spooks Gold / Commodities / Gold and Silver 2012
This past week, gold and silver experienced one of their steeper drops in recent months. After gold had touched a four month high, and silver came close to a six month high, prices abruptly reversed course. By the end of the week gold had sold off more than 5 percent, and silver was down almost 10 percent (down 6.5 percent on Leap Day alone). Often, such sudden price falls create downward momentum. And it looks as if that may be the case this week. Thus far this week silver has dipped 3 percent.
Read full article... Read full article...
Wednesday, March 07, 2012
Gold Falls Below 200-Day Average, Technical Analysts Point to Below $1600 / Commodities / Gold and Silver 2012
THE WHOLESALE SILVER and gold price rallied from 6-week lows Wednesday morning in Asian and London, recovering 2.1% and 1.0% respectively as world stock markets also bounced.
Crude oil recovered from a 2-week low at $105 per barrel, but the European single currency failed to hold an early rise ahead of Thursday's Greek debt-restructuring deadline.
Read full article... Read full article...
Wednesday, March 07, 2012
The Face of Gold and Silver Price Volatility / Commodities / Gold and Silver 2012
Jeff Clark, Casey Research writes: On February 29, gold dropped 4.8% and silver 6.2% (based on London fix prices). That's quite the fall for one day. We've seen prices that have risen that much, too. But as I'm about to show, these ain't nothin', baby.
Based on our experience, we've been saying for some time that volatility will increase as the markets fight their way to the mania phase of this cycle - and that once there, the gyrations will jump even higher. This call doesn't exactly require one to go out on a limb; it makes sense since more investors will be crowding in - and volatility was high in the 1979-'80 mania.
Read full article... Read full article...
Wednesday, March 07, 2012
From Fracking to Fuel Cells Investors Can Capitalize on the Energy Revolution / Commodities / Energy Resources
For investors seeking high potential returns and the thrill of participating in market innovation, the smallcap energy space is where it's at. Managing Director and Co-Founder Laird Cagan of merchant bank Cagan McAfee Capital Partners has built his career by backing companies that are both filling current demand and creating new markets. In this exclusive interview with The Energy Report, Cagan shares his experiences and discusses several companies at the forefront of the energy revolution.
Read full article... Read full article...
Tuesday, March 06, 2012
Gold Falls to 6-Week Low / Commodities / Gold and Silver 2012
SPOT MARKET prices for gold bullion hit a six-week low of $1682 an ounce Tuesday lunchtime in London – a fall of 1.8% from last week's close – as stocks, commodities and the Euro continued their recent slide and uncertainty hung over recent European agreements.
Silver bullion dropped to $33.14 per ounce this morning – a 4.8% loss since the start of the week.
"We remain bearish so long as we remain below...the breached uptrend, currently at $1768," says the latest note from technical analysts at gold bullion dealing bank Scotia Mocatta.
Tuesday, March 06, 2012
Marc Faber "Middle East Will Go Up In Flames" ... "Have To Be In Gold and Stocks" / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,685.60, EUR 1,282.24 and GBP 1,068.26 per ounce.
Yesterday's AM fix was USD 1,698.00, EUR 1,286.17 and GBP 1,073.60 per ounce.
Read full article... Read full article...
Tuesday, March 06, 2012
Wealth Protection, Anything but the U.S. Dollar / Commodities / Gold and Silver 2012
Last week, in a much publicised exchange, Congressman Ron Paul asked Chairman Ben Bernanke if he would consider the circulation of gold and silver coins as legal tender. At The Real Asset Co we often write about how gold and silver are money, as history has repeatedly shown. In this article Jan Skoyles looks at why the introduction of silver coins into an economy is a good idea and a widely held view.
Read full article... Read full article...
Tuesday, March 06, 2012
Gold and Silver Outlook / Commodities / Gold and Silver 2012
In the 1940s rising (secular) commodities played a key role in rising inflation. However, the US government maintained an environment of negligible interest rates, surpressed to hold down the costs of excess government debt built up in WW2. It did this by intervening in the money supply, much like today, and the result was debasement of the US dollar. Eventually it had to abandon the policy in 1951 as it had led to an explosion of debt monetization and uncontained inflation. However, the policy was successful in that it provided the sovereign debt support until a new cycle of growth was underway (a new secular stocks bull and the end of the inflationary commodities bull, a transition complete by 1951).
Read full article... Read full article...
Tuesday, March 06, 2012
Playing the Gold, Silver Stocks Selloff / Commodities / Gold & Silver Stocks
The precious metals equities selloff at the end of 2011 was overdone, says Stephen Taylor, portfolio manager of The Taylor Fund and founder of Taylor Asset Management, in this exclusive interview with The Gold Report. Taylor remains bullish on gold, silver and base metals and is looking to some names that were walloped in the selloff to prosper in the next three years.
The Gold Report: The Global and Mail reported that more than 50 private-equity mining deals were struck in Canada in 2011—more than in any other sector. Why is private equity pouring venture capital into junior mining plays faster than any other Canadian business sector?
Read full article... Read full article...
Tuesday, March 06, 2012
Will Crude Oil Price Continue Heading Higher? / Commodities / Crude Oil
Does it feel like it costs an arm and a leg to fill your car these days? While consumers may continue to feel the bite from higher gasoline prices, investors can use these rising prices to their advantage.Read full article... Read full article...
Tuesday, March 06, 2012
Will Doomsday Bill Help Gold and Silver Shine? / Commodities / Gold and Silver 2012
In an effort to shore up its broken financial system, the European Central Bank recently completed a second round of its long-term refinancing operation. Around 800 financial institutions came to the ECB to borrow 530 billion euros in the form of low interest three-year loans. However, the new shot of liquidity is doing little stem the Greek tragedy. As of Monday morning, interest rates on Greek one year bonds have surpassed 1,000 percent for the first time ever. In comparison, interest rates on Greek bonds hit 100 percent for the first time in September. The dire situation in Europe has many wondering if the financial crisis in the United States could also worsen.
Read full article... Read full article...
Monday, March 05, 2012
Gold's Violent Downside Reversal / Commodities / Gold and Silver 2012
Gold reversed violently to the downside last week, an event which has serious implications. It had been doing well up to that point and we did not see this reversal coming, so this is going to be "wise after the event" update - still it is considered to be better to be wise after the event than not wise at all, particularly if our interpretation of the meaning of this development proves to be correct.
Read full article... Read full article...
Monday, March 05, 2012
Silver's Failure to Breakout / Commodities / Gold and Silver 2012
Silver has had a good run from its lows at the end of last year and was on course to break out of the major downtrend in force from its highs of April last year, but it was not to be, for last week it reversed sharply to the downside, leaving behind a bearish engulfing pattern on its chart, as we can see on its 15-month chart below. While it has not yet broken down from the intermediate uptrend in force from late last year, action last week suggests that it is destined to shortly.
Read full article... Read full article...
Monday, March 05, 2012
What to Make of Apple's Weakness / Commodities / Gold and Silver 2012
Today's sudden weakness in Apple (AAPL) that has pressed the stock from 547.48 to 526.00 has inflicted damage to the nearest-term uptrend off of the Jan 25 low at 419.00, which cuts across the price axis today in the vicinity of 533.40.
Read full article... Read full article...