Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, November 22, 2011
Gold Falls Again on Options Expiry, Supported by Global Debt Crisis & Iranian Oil Jitters / Commodities / Gold and Silver 2011
Gold is trading at USD 1,696.10, EUR 1,252.60, GBP 1,083.30, CHF 1,546.20, JPY 130,370 and CNY 10,780 per ounce.
Gold’s London AM fix this morning was USD 1,697.50, GBP 1,083.90, and EUR 1,253.14 per ounce.
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Tuesday, November 22, 2011
China Changing the Global Gold Market / Commodities / Gold and Silver 2011
Larry D. Spears writes: While many investors have been distracted by the goings on in Europe, China has been making a dent in the global gold market by making it easier for investors to buy and invest in the yellow metal.
The goal: To dominate the global gold market and carve out a new role for its currency, the yuan.
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Tuesday, November 22, 2011
Major Catalysts Ahead to Trigger Next Breakout in Gold Stocks Market / Commodities / Gold & Silver Stocks
In bull markets, corrections and consolidations are needed to periodically cleanse the market of extreme optimism and an overbought condition. After a market has strong run it inevitably reaches a point of resistance. This is where there are more buyers than sellers. A market can correct in two ways. Either it declines and retraces much of the preceding gains relatively quickly or a market will consolidate near its highs for a long period of time. The first correction is a function of price while the second, time. The correction or consolidation ends when a fundamental catalyst emerges which triggers greater demand that overwhelms current supply.
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Monday, November 21, 2011
Gold Takes Another Step Towards Reserve Currency Status? / Commodities / Gold and Silver 2011
In the World Gold Council’s (WGC) latest quartley report on demand trends some interesting statistics were revealed which generally show a maturing in the gold market, especially in the geographical spread of demand and mine supply. We learn that third quarter gold demand increased a healthy 6% year-on-year to just over a thousand tonnes. A strong rise in investment demand was the main driver of overall demand and jewelry demand declined.
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Monday, November 21, 2011
Gold Down along with Stocks on Potential Failure of Congressional Committe / Commodities / Gold and Silver 2011
SPOT MARKET gold prices continued falling Monday morning in London, touching $1701 per ounce – 1.3% down on Friday's close – as the US Dollar rallied, despite reports of failure by the congressional 'super committee' to agree on how to tackle the US deficit.
"[Gold] Prices didn't correct enough [last week]," says one dealer in Singapore, adding that gold prices "need to go below $1700 and stay, otherwise people won't buy".
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Monday, November 21, 2011
US $15 Trillion National Debt ‘Supercommittee’ Impasse Supports Gold / Commodities / Gold and Silver 2011
Gold is trading at USD 1,706.10, EUR 1,270.60, GBP 1,089.30, CHF 1,569.20, JPY 131,170 and CNY 11,190 per ounce.
Gold’s London AM fix this morning was USD 1,704.00, GBP 1,085.42, and EUR 1,266.44 per ounce.
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Monday, November 21, 2011
Gold and Silver Precious Metal Charts Point to Higher Prices / Commodities / Gold and Silver 2011
Over the recent couple months the precious metals charts have made some sizable moves. Most investors and traders were caught off guard by the sharp avalanche type selloff and lost a lot of hard earned capital in just a few trading sessions. Gold dropped over 20% and silver a whopping 40%.
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Monday, November 21, 2011
Why Silver For A Monetary Collapse? / Commodities / Gold and Silver 2011
We are at the edge of a major economic crisis. Our monetary system is the underlying cause of this major crisis. The massive debt bubble created by our monetary system is about to burst. The demonetization of gold and silver, has over the years diverted value from these metals, to all paper assets (such as bonds) linked to the debt-based monetary system.
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Sunday, November 20, 2011
Silver Trend Rethink on Mounting Deflation Threat / Commodities / Gold and Silver 2011
We have had a major rethink since the last update was posted, which was one reason why no update was posted last weekend. This rethink has been occasioned by the rapid tilt towards deflation of the past couple of weeks. In the last update you may recall that we assumed that politicians and world leaders would follow the easiest route of QE which would lead in the direction of hyperinflation, but we really should know by now that you can't assume anything in this business. For sure, most of them would like to follow this route, for it buys them the maximum time before they end up at the end of a rope, but unfortunately for them they are losing control and things are starting to fall apart at alarming rate.
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Sunday, November 20, 2011
Gold Caution on Building Deflationary Forces / Commodities / Gold and Silver 2011
Gold has behaved as predicted in the last update, which was two weeks ago. It advanced a little further into nearby resistance, before reacting back quite sharply on Thursday. However, whereas in the last update we were looking to buy on this dip in the expectation of renewed advance, we are now more cautious, due to mounting evidence that politicians and world leaders may soon be overwhelmed by deflationary forces despite their strenuous efforts to keep them at bay by means of endless QE.
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Sunday, November 20, 2011
Gold Turns Bearish Short-term / Commodities / Gold and Silver 2011
Take away Thursday’s drop and we have a week that did nothing for gold. However, we cannot take Thursday away so it was a negative week. It looks like more to come, from a technical point of view.
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Sunday, November 20, 2011
Will Dividends Make Mining Shares Glitter More Than Gold? / Commodities / Gold & Silver Stocks
Of late we've seen clever moves by some precious metals mining companies to link the dividends they pay to the income they achieve on a quarterly basis. These include Silver Wheaton, Newmont, Hecla - no doubt to be followed by many more. Why have they decided to do this? The answer goes back to why we invest in the first place. We do so to make money to provide income and capital in the future. To do this we must maximize our total returns from those investments. Investments therefore must be money-making machines, not just good miners or growing companies.Read full article... Read full article...
Saturday, November 19, 2011
Go for the Gold: Metal to Rise as Financial Tactics Fail / Commodities / Gold and Silver 2011
Twelve years ago, Goldman Sachs converted from a private partnership to a publicly traded company.
This enabled them to take more extreme risk at the expense of others (e.g., clients, taxpayers). Co-CEO Jon Corzine was instrumental in consummating this conversion, receiving roughly $400 million from the initial public offering (IPO).
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Saturday, November 19, 2011
The Electric Car Paradox: Can We Switch To Electric Cars ? / Commodities / Energy Resources
The simple answer is no - and the complicated answer is also no.
Consumers in almost any motorized car loving country, now including China and India whose car industries have until recently shown straight-line upward growth (with China already vastly outdistancing the USA by car output) have a common complaint at the fuel filling station. They whine and complain about oil prices because they buy gasoline and diesel fuel almost daily, at least regularly, and are keenly aware of price changes. These are usually upward.
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Saturday, November 19, 2011
Gold, The Contrarian's Quandary / Commodities / Gold and Silver 2011
Being right and sitting tight in gold might not be different things...
The BEST WAY to hope you'll make money investing?
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Saturday, November 19, 2011
Gold Demand Increases As Central Bank Purchases Jump 556% / Commodities / Gold and Silver 2011
Despite record high nominal prices and bubble claims, demand for gold continues to grow. In its most recent Gold Demand Trends report, the World Gold Council finds that third quarter gold demand volume increased 6% to 1,053.9 tonnes. By the end of September, the quarterly average price of gold increased 39% to $1,702.12, compared to $1,226.75 in last year’s third quarter.
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Friday, November 18, 2011
HUI Gold Stocks Seasonal Trend Analysis / Commodities / Gold and Silver 2011
After updating my gold-seasonality research last week, I heard from traders wondering how it affects gold stocks. Since the price of gold is their primary driver, gold seasonality naturally has a major impact on gold-stock price levels. This is readily apparent in the seasonality of the HUI, the flagship gold-stock index. As you’d expect, this sector mirrors and amplifies the seasonal swings in the metal it mines.
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Friday, November 18, 2011
Don't Sweat the Gold Price Correction / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: I've told more than one concerned investor that when the gold price falls, they should "come back in three months" and see if they're still worried. The idea is that the daily and monthly gyrations are nothing to fret over, that the price will recover and, in time, fetch new highs.
That advice has worked every time gold underwent any significant correction (except in late 2008, when one had to take a longer view than three months). Here's proof.
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Friday, November 18, 2011
Gold Demand Hits New Record with Central Bank Buying Up Sixfold / Commodities / Gold and Silver 2011
Gold demand in the third quarter of 2011 reached 1,053.9 tonnes, an increase of 6% compared to the same period last year. This equates to $57.7 Billion, an all-time high in value terms.
According to the World Gold Council’s Gold Demand Trends report for Q3 2011, this increase was driven by investment demand which rose by 33% year-on-year to 468.1 tonnes, generating record quarterly demand of $25.6 Billion.
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Friday, November 18, 2011
Gold Falls 2.5% But Up 21% YTD, Technical’s Short Term Bearish; Long Term Bullish / Commodities / Gold and Silver 2011
Gold is trading at USD 1,727.10, EUR 1,278.60, GBP 1,090.30, CHF 1,579.20, JPY 132,590 and CNY 10,970 per ounce.
Gold’s London AM fix this morning was USD 1,730.00, GBP 1,093.00, and EUR 1,279.87 per ounce.
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