Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, March 05, 2012
Gold's Violent Downside Reversal / Commodities / Gold and Silver 2012
By: Clive_Maund
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.
Monday, March 05, 2012
Silver's Failure to Breakout / Commodities / Gold and Silver 2012
By: Clive_Maund
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.
Monday, March 05, 2012
What to Make of Apple's Weakness / Commodities / Gold and Silver 2012
By: Mike_Paulenoff
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.
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Monday, March 05, 2012
Still Long on Xstrata After Glencore International’s Takeover Offer / Commodities / Metals & Mining
By: Roger_Conrad
Shares of Xstrata (London: XTA, OTC: XSRAY) have performed well as of late, surging 62 percent after hitting a low in early October. Read full article... Read full article...
Monday, March 05, 2012
Gold Investor Fantasies Not an Investment Strategy / Commodities / Gold and Silver 2012
By: Ned_W_Schmidt
While having not read any research into the time devoted by people to fantasizing, we suspect that activity represents a significant portion of the day for many. Morning coffee for men involves the exchange of fantasies surrounding sporting events. We know not what women fantasize about during their coffee, but suspect it might include a discussion of how some man could be made better. While romantic fantasies are beyond our mandate here, we suspect most are more likely to occur than some of the investment fantasies observed in recent years. Fantasies are fine, but they are not investment strategies. Some investment fantasies of recent times have been:
Monday, March 05, 2012
Gold Falling Below $1690 Could Spark Fresh Selling / Commodities / Gold and Silver 2012
By: Ben_Traynor
DOLLAR gold prices briefly dipped back below $1700 an ounce Monday morning in London, as stocks, commodities and the Euro all fell before recovering some ground, following news that China has cut its official growth target.
Silver prices dropped to $34.06 per ounce – 2.2% down on Friday's close – before making up some of the loss.
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Monday, March 05, 2012
Citigroup Forecasts Gold $2,400 in 2012 and $3,400 "In Coming Years" / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,698.00, EUR 1,286.17, and GBP 1,073.60 per ounce.
Friday's AM fix was USD 1,714.50, EUR 1,292.99, and GBP 1,076.14 per ounce.
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Monday, March 05, 2012
Short Term Pullback in Brent Crude Oil Price Starts / Commodities / Crude Oil
By: Donald_W_Dony
Brent prices have reached, for the short term, a peak. The Atlantic basin commodity has topped out at $128.40 and is now pulling back to the first support level of $120. The trigger for the expected retracement appears to be the US dollar.
Brent prices tend to trade in the opposite direction to the US$. And the Big dollar is beginning to rise again (Chart 1). The currency bounced off of the $0.782 support line in February and is now advancing to a target of $0.805.
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Monday, March 05, 2012
Digital Gold is the Game Changer / Commodities / Gold and Silver 2012
By: William_Bancroft
Read this article for a brief analysis on recent opinions on whether gold can ever return to the heart of the monetary system, and for whether we need government to be involved in this vitally important part of our economic lives. Does the internet and payments system mean a game changer for payments of gold bullion?
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Saturday, March 03, 2012
Where is Greece’s Gold? / Commodities / Gold and Silver 2012
By: Submissions
Alasdair Macleod writes: Recently there have been reports that if Greece defaults on the new bail-out package, creditors will be entitled to seize her gold. Whether or not this is true, it raises one big question: given the severe financial and economic crisis in Europe, what is the current collective attitude of the eurozone central banks to gold?
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Saturday, March 03, 2012
Marc Faber States Gold Far From Bubble Phase / Commodities / Gold and Silver 2012
By: The_Gold_Report
With more than 40 years as an economist to his credit and claiming gold as the "biggest position in my life," Gloom Boom & Doom Report Publisher Marc Faber assures us that gold is nowhere near a bubble phase, but cautions that corrections of 40% are not unusual in a bull market. At the end of March, Faber will share his secrets for surviving corrections at the World MoneyShow in Vancouver. In advance of that appearance, he sat down with The Gold Report for this exclusive interview where he discusses his bias for portfolio diversification in terms of geographies as well as asset classes.
Saturday, March 03, 2012
Will the Gold and Silver Smackdown Deter Investors? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
Leap Day was very unkind to precious metals. The extra trading day in February delivered gold and silver their biggest one-day loss this year. Gold for April delivery fell $100 before closing down $77.10 and settling at $1,720 per ounce. Meanwhile, silver for March delivery plummeted $2.56 to close at $34.58 per ounce. Although this type of price action may seem troubling for newcomers, it is becoming routine for seasoned precious metal investors.
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Saturday, March 03, 2012
How to Put Yourself on the Gold Standard / Commodities / Gold and Silver 2012
By: Peter_Schiff
While you may agree with me that the world desperately needs the gold standard, you may be equally convinced that the day global leaders embrace it is still a long way off. Fortunately, regular people no longer have to wait for the leadership to come to their senses. It is now possible for individuals to establish a personal gold standard using the world's first Gold Debit Card. The service, offered by my company Euro Pacific International Bank, allows users to save in gold but spend in local currency.
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Saturday, March 03, 2012
Gold Downside Targets and Market Manipulative Excuses / Commodities / Gold and Silver 2012
By: Przemyslaw_Radomski
When a roller coaster plunges it’s gut-churning, heart-racing, blood curdling, in a word--petrifying. That’s how precious metals investors must have felt Wednesday when gold plunged more than 5 per cent to hit a low of $1,688.44 ounce, after earlier trading as high a $1,791.49 an ounce.
Saturday, March 03, 2012
Gold Bullion and Mining Shares Shakeout / Commodities / Gold & Silver Stocks
By: Clif_Droke
Mining shares and the precious metals were hard hit on Wednesday after Fed Chairman Bernanke appeared before Congress. Bernanke gave his view on the U.S. economic outlook during and offered a mixed message. He touted the recovery in the job market while warning that unless growth accelerated, the unemployment rate wouldn't continue to drop.
Friday, March 02, 2012
Natural Gas Investor Opportunity / Commodities / Natural Gas
By: Marin_Katusa
Marin Katusa, Chief Energy Investment Strategist, Casey Research : 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.
Friday, March 02, 2012
Consumption and Inflation Mega-trends, The Great Sharing / Commodities / Inflation
By: Richard_Mills
The most investable trend over the next 20 years is going to be the rising price of commodities, rising prices will be caused by two factors;
- Increasing consumption
- Inflation
Friday, March 02, 2012
Gold Mining Margins / Commodities / Gold & Silver Stocks
By: Zeal_LLC
The history of gold mining has been well-documented for thousands of years. And with the demand for this most precious of metals going nearly as far back as human history, miners have ventured to just about every corner of the planet in their quest to find it. Yet unlike the miners of yore that were commanded by kings, today’s miners are commanded by profits.
Like in any business, gold miners do what they do in order to make money. If they can sell their product for more than what it costs to produce, then they ought to see profits. But unlike any business, gold mining is a complex endeavor with a myriad of variables that can radically affect operations on virtually a daily basis. This makes miners’ financial affairs far from cut-and-dry.
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Friday, March 02, 2012
Physical Gold Demand "Picks Up" in Asia But Further Drop Could See $1500 / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE U.S.DOLLAR gold price fell to $1708 an ounce Friday lunchtime in London – a 0.9% drop on Friday's Asian session high – as stock and commodity markets also fell slightly amid ongoing uncertainty over the Greek bailout deal.
"Another move below $1690 will have the market refocusing back toward $1500," says the latest note from gold bullion dealing bank Scotia Mocatta's technical analysis team, referring to the low hit after Wednesday's $100 per ounce drop.
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Friday, March 02, 2012
Buy the Dips in Gold (NYSE: GLD) / Commodities / Gold and Silver 2012
By: Money_Morning
Jack Barnes writes:
SPDR Gold Trust (NYSE: GLD) experienced a major pullback on Leap Day this week, dropping almost exactly 100 points on the day.
This happened while the European Central Bank (ECB) offered its second tranche of three-year Long Term Recapitalization Operations (LTRO).
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