Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, November 23, 2011
Gold Slides as Euro Falls after "Disastrous" German Bond Auction / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices slid to $1685 an ounce Wednesday morning in London – 6.5% down on the November high – having briefly moved back above $1700 a few hours earlier.
"Negative sentiment surrounding the Eurozone sovereign debt crisis and concerns that some economies are heading for a 'double-dip' recession continues to lift market uncertainty and consequent choppy conditions," says a note from Swiss gold bullion refiner MKS.
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Wednesday, November 23, 2011
Gold Supported as Eurozone Contagion Deepens After Disastrous German Auction / Commodities / Gold and Silver 2011
Gold is trading at USD 1,687.10, EUR 1,262.60, GBP 1,086.30, CHF 1,554.20, JPY 130,590 and CNY 10,760 per ounce.
Gold’s London AM fix this morning was USD 1,686.00, GBP 1,083.55, and EUR 1,260.46 per ounce.
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Wednesday, November 23, 2011
Gerald Celente Loses Six Figures in MF Global Bankruptcy, Investors Beware / Commodities / Scams
Those of you who frequent the Gold Silver News, know and recognize Gerald Celente, the founder and publisher of The Trends Journal.
This past week Mr. Celente revealed that he has lost more than six figures of funds with Lind-Waldock, a commodities futures brokerage that was owned by MF Global (who filed for bankruptcy on October 31, 2011).
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Wednesday, November 23, 2011
An Inside Look at Europe's Energy Challenges / Commodities / Energy Resources
Dr. Kent Moors writes: I am in Frankfurt, Germany right now attending three days of meetings, and I must say they're shaping up to be quite interesting.
The focus is on structuring a new financial and organizational approach to developing Polish shale gas.
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Wednesday, November 23, 2011
Time For U.S. To Focus On Mining Stocks / Commodities / Metals & Mining
The markets have spoken in response to the failure of the Super-committee to reduce spending in Washington with a major decline. This is less than a stellar review for currently elected officials going into the 2012 election. At this point, the marketplace is saying that the "Emperor's Have No Clothes". The word emperor is deliberately chosen. Latter day royalty comports behind the scenes in collegial collusion. It is not too far fetched to suspect the unbelievable. The fix may be in.
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Wednesday, November 23, 2011
The Silver Market Lacks Integrity / Commodities / Gold and Silver 2011
The Hera Research Newsletter (HRN) is pleased to present an incredibly powerful interview with Keith Neumeyer, Chief Executive Officer, President and Director of First Majestic Silver Corp. (TSX:FR / NYSE:AG).
Mr. Neumeyer began his career at the Vancouver Stock Exchange and worked in the investment community for 26 years beginning his career in a series of Canadian national brokerage firms including McLeod Young Weir (now Scotia McLeod), then Richardson Greenshields and then Walwyn Stogell McCuthchen (which became Midland Walwyn).
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Tuesday, November 22, 2011
Is Gold Still the Answer for Investors? / Commodities / Gold and Silver 2011
Bud Conrad, Casey Research writes: Though late to the party as usual, the proverbial man on the street – along with members of mainstream media and Wall Street heavyweights – is finally waking up to the decade-long, 700% increase in the price of gold, joining a growing buzz around the monetary metal. From questions whether gold is in a bubble to predictions that soaring prices are just around the corner, one thing is clear: a new phase of awareness for gold is upon us. How far might it move before these troubling times are over?
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Tuesday, November 22, 2011
Sovereign Debt Worries Could Spur Gold Rally / Commodities / Gold and Silver 2011
U.S. DOLLAR prices to buy gold climbed to $1699 an ounce Tuesday morning London time – though still 1.5% down for the week so far – following yesterday's sharp drop which saw gold fall to a four-week low of $1668.
Sovereign debt concerns meantime continued to make headlines in both Europe and the US, as Spain saw its borrowing costs rise further and US politicians lamented the deficit super committee's collapse.
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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...