Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, January 05, 2012
Go to Market, Not the Vault for Gold Bargains / Commodities / Gold and Silver 2012
Baker Steel Capital trades on its analysts' "intellectual capital and technical expertise" when it comes to knowing when and where to invest. Right now, its funds favor equities over the physical gold market. The lion's share of those equities are companies exploring and producing in Africa, where careful risk management can bring high returns, says Baker Steel Capital Managing Partner David Baker in this exclusive Gold Report interview.
The Gold Report: You've been quoted as saying that intellectual capital and technical expertise set Baker Steel Capital apart. Tell us more about that.
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Thursday, January 05, 2012
Silver Eagle & Maple Leaf Sales Up As Supply Slips / Commodities / Gold and Silver 2012
For the first time in history, Silver Eagle & Maple Leaf sales will surpass domestic silver production in the U.S. and Canada in 2011
The demand for American Silver Eagles and Canadian Maple Leaf coins has increased tremendously over the past several years. 2011 will be the first year in which official coin sales will surpass domestic silver production in both countries.
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Thursday, January 05, 2012
Wild Gyrations in Gold and Commodities / Commodities / Commodities Trading
If traders in the commodities markets were to check into a Psyche ward, the files would no doubt read "Bi-Polar" or Schizophrenic." This is so, because commodity traders have a habit of fixating on a set of data one day, and then quickly forgetting about the data the very next day, and re-focusing on something else. Market sentiment often turns on a dime, and without notice. This shifting of sentiment in commodity futures is nothing new, of course. That's why for decades, dabbling in commodities was considered too risky for most investors, since sentiment, by definition, is unpredictable and impossible to measure.
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Thursday, January 05, 2012
How Gold Bullion Beat the Best Fund Managers / Commodities / Gold and Silver 2012
How a lump of gold bullion beat the City of London's brightest and best since 2007...
HOW QUICKLY time flies! The global financial crisis will mark its 5th birthday in 2012.
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Wednesday, January 04, 2012
Gold Price Facing Resistance Cluster / Commodities / Gold and Silver 2012
Right now my technical work is undecided as to whether gold and the SPDR Gold Shares (GLD) established THE corrective low on Dec 29 at 148.27. What I think I do know is that the upmove so far from 148.27 to today's high at 157.02 (+5.9%) has propelled the price structure into a very heavy cluster of resistance.
This resistance is represented by the simple and exponential 200-day moving averages, the prior Sep-Oct bottoming period, and my declining shorter-term EMAs of 14, 30 and 50 days.
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Wednesday, January 04, 2012
Investment in African Renewable Energy Reaches $3.6 Billion in 2011 / Commodities / Renewable Energy
First, the bad news.
Although Africa has vast fossil and renewable energy sources, only twenty percent of its population has direct access to electricity and in some rural areas, four out of five people are completely without power. According to the UN, over 600 million Africans currently do not have access to electric power. A depressing 70 percent of Sub-Saharan Africa's population is living without access to clean and safe energy for their basic needs such as cooking, lighting and heating, making energy poverty among the most urgent issues facing Africa. Worldwide, more than 1.4 billion people worldwide have no access to electricity, and 1 billion more only have intermittent access.
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Wednesday, January 04, 2012
The Gold Bullet 2012 / Commodities / Gold and Silver 2012
Could 2012 be the year in which Chairman Bernanke will use the ultimate tool a government has, under a paper-money system, to combat deflation and weak economic growth by printing money to reduce the value of the dollar? It is certainly possible as all the other tools which he mentioned in his November 21, 2002 speech to the National Economic Club of Washington D.C. have been utilized. If one combs through that speech one sees that the tool of driving rates to zero has already been used up, the tool of buying government and MBSs securities, in order to cap longer term yields, has been used as well and so the only tool left could be to "print money and distribute it willy-nilly" as Mr Bernanke points out in his famous speech. *
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Wednesday, January 04, 2012
Precious Metal Investors Battered by Gold and Whipped By Silver / Commodities / Gold and Silver 2012
As we enter the New Year only the firmest of gold and silver investors are holding with serene assurance, as the gold and silver prices have been trending down for a couple of months.
Prices have softened again since our latest update on this issue, and thin markets over the festive period allowed relatively low levels of market activity to have an un-naturally significant effect on price direction. These things happen.
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Wednesday, January 04, 2012
Weak U.S. Dollar and Physical Demand Could Support Gold Price / Commodities / Gold and Silver 2012
THE SPOT MARKET gold price ticked down to below $1600 an ounce Wednesday morning – having earlier touched its highest level since before Christmas at $1612 – while stock and commodity markets also edged lower as the US Dollar looked to have ended its recent spell of weakness.
The previous day saw the gold price gain over 2.5% in thin trade, with the Dollar falling against other major currencies on Tuesday – before easing as Asian markets reopened.
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Wednesday, January 04, 2012
Iran's Threat to Global Oil Market Means USO ETF Profits / Commodities / Crude Oil
Jack Barnes writes: Iran kicked off the New Year with aggressive messages for the Western world, setting the stage for heightened political tensions and a huge oil price push in 2012.
Oil futures finished at their highest level in eight months yesterday (Tuesday), with West Texas Intermediate crude jumping 4.2% to settle at $102.96 a barrel on the on the New York Mercantile Exchange (NYMEX).
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Wednesday, January 04, 2012
Gold Going to $3,000 - $10,000 in 2012! Here’s Why / Commodities / Gold and Silver 2012
Back in 2009 I began keeping track of those financial analysts, economists, academics and commentators who were of the opinion that it was just a matter of time before gold reached a parabolic peak price well in excess of the prevailing price. As time passed the list grew dramatically and at last count numbered 140 such individuals who have gone on record as saying that gold will go to at least $3,000 – and as high as $20,000 - before the gold bubble finally pops. Of more immediate interest, however, is that 8 of those individuals believe gold will reach its parabolic peak price in the next 12 months - even as early as February, 2012. This article identifies those 8 and outlines their rationale for reaching their individual price expectations.
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Wednesday, January 04, 2012
Case for Sustained $100 Crude Oil / Commodities / Crude Oil
In 2011, oil was one of the top performing commodities among those we track, with Brent rising more than 13 percent. Geopolitical risk and unexpected non-OPEC supply losses caused oil to rise significantly in early 2011. By October, we saw the black gold sink to a low of $96 per barrel before rising to its current level of nearly $108 a barrel.
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Wednesday, January 04, 2012
Gold and Silver Surge in First Trading Session of 2012 / Commodities / Gold and Silver 2012
The new year started off with a bang in the financial markets. Although many investors were cheerful of the big rally in the Dow Jones Industrial Average, precious metals out-shined the competition.
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Wednesday, January 04, 2012
New Rare Earth Metal Deposits in 2012 / Commodities / Metals & Mining
China's tight grip on rare earth elements supply may loosen as other deposits around the world come to fruition in 2012. In this exclusive interview with The Critical Metals Report, Jon Hykawy, head of global research with investment bank Byron Capital Markets, discusses the supply and demand fundamentals that are driving his predictions for the New Year.
The Critical Metals Report: Many analysts, including you, expected a shortage of heavy rare earths (HREES), especially dysprosium, in the medium term. You no longer believe that's true. What changed your outlook?
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Tuesday, January 03, 2012
Global Economic Stagnation Threat to Gold's Bull Market / Commodities / Gold and Silver 2012
WHOLESALE MARKET prices to buy gold rose Tuesday morning as dealers in London – heart of the world's professional bullion trade – returned from the New Year's holiday.
Gold recovered almost all of last week's 5% drop before edging back to $1592 per ounce – a price first reached in July 2011, when investment demand to buy gold jumped amid the worsening Eurozone debt crisis and a looming downgrade to the United States' credit rating.
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Tuesday, January 03, 2012
The Impetus for Gold Mania Phase / Commodities / Gold and Silver 2012
For gold to rise to levels significantly higher than the recent high of $1920, a new impetus is needed. Without additional energy from such an impetus, gold could just trade sideways for a very long time, or even fall further. See the following chart (from barchart.com):Read full article... Read full article...
Tuesday, January 03, 2012
Gold and Silver Major Bottom / Commodities / Gold and Silver 2012
Several Wall Street firms have recently published their gold price forecasts for 2012. Goldman Sachs predicts the price of gold will peak at $1,900 per ounce and average $1,810 per ounce in the coming year. Goldman attributes its bullish gold price outlook to further net buying by central banks and strong physical demand from investors, the ongoing negative real interest rate environment in the U.S., and continued European sovereign debt and global recessionary concerns.
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Tuesday, January 03, 2012
Crude Oil Prices, The Coming Event Horizon / Commodities / Crude Oil
In a UK 'Guardian' interview, 10 November 2011, the IEA's chief economist Fatih Birol once again outlined how radically the IEA sees the oil price outlook. He said: "If fossil fuel (energy) infrastructure is not rapidly changed, the world will lose for ever the chance to avoid dangerous climate change", but more to the point he provided the IEA's estimate of what oil price rises in 2010-2011 had done for the OECD group of countries, saying annual oil import costs had risen by 30% to about $790 billion from around $625 billion in 2010.
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Tuesday, January 03, 2012
Crude Oil Supply 2012, Should We Be Worried About Iran? / Commodities / Crude Oil
David Zeiler writes: If the Iranian government makes good on its recent threats to stop oil shipments through the Strait of Hormuz, oil prices would shoot up $20 to $30 a barrel within hours and the price of gasoline in the United States would rise by $1 a gallon.
Such a steep spike in crude oil prices would plunge the United States and Europe back into recession, said Money Morning Global Energy Strategist Dr. Kent Moors.
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Tuesday, January 03, 2012
Gold 2012 Contracting Fibonacci Spiral / Commodities / Gold and Silver 2012
On holidays this week has definitely been interesting. The new term for investing in today's market should be coined “Volatility Investing”. Since most trading is done by computers with complex algorithms that when their stops are hit, cause mass liquidation. For this reason, everyone should know that the expected move expected in 2012 is going to be finite in price and time, not “To Infinity and Beyond”. When I first made the observation that the markets were following a Contracting Fibonacci Spiral, my first thoughts were that something must be overlooked in my mind. Further thinking on this topic over the past six months just makes one realize the entire Universe runs on mathematical principles at many levels and under different conditions...the collective human psyche is just another example.
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