Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, November 17, 2011

Not Your Father's Gold Market / Commodities / Gold and Silver 2011

By: Adrian_Ash

From TTT to KFC and onto a very different gold investment market again... SO THIS isn't your father's bull market in gold, and it certainly isn't your grandfather's.

Where gold amid the Great Depression was all about three T's – teeth, trinkets and terror – it had morphed by the end of the 1970s into a finger-lickin' combination of Krugerrands, futures, and those "certificates of confiscation" that were government bonds paying way less than inflation.

Thursday, November 17, 2011

Crude Oil Under Pressure / Commodities / Crude Oil

By: Mike_Paulenoff

NYMEX crude oil has reversed from new recovery highs at 103.37 to test its November support line at 99.20, which so far has contained the pressure.

However, judging by the sharply declining 40-hour RSI momentum gauge, we should expect additional pressure that extends weakness towards a test of much more important support at 98.25/00 next.

Thursday, November 17, 2011

Why Uranium Prices Are Rising Again / Commodities / Uranium

By: Andrew_McKillop

WHAT GOES DOWN, GOES UP
We must start with the ultra-basic fact there is no such thing as an "open market" for uranium. Prices are reported by a select few nuclear-related organizations (like UXC) on the basis of what nuclear operator companies, power plant builders, uranium miners, and certain other players in the nuclear fuel value added chain decide to disclose as the prices paid or received when uranium and its fuel derivatives are handed over from one player to another, weeks after the event.

Thursday, November 17, 2011

EU Gold Investment Demand Surges 135%, World Demand Up 6% in Q3 2011 / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,759.10, EUR 1,305.60, GBP 1,116.30, CHF 1,618.20, JPY 135,390 and CNY 11,190 per ounce.

Gold’s London AM fix this morning was USD 1,756.00, GBP 1,115.70, and EUR 1,304.12 per ounce.

Thursday, November 17, 2011

Investors Hedging Against Fiat Currency Devaluation with Gold, France Calls for ECB Solution / Commodities / Gold and Silver 2011

By: Ben_Traynor

SPOT MARKET gold bullion prices fell to $1741 per ounce Wednesday lunchtime in London – 2.6% down for the week so far – while stocks, commodities and government bonds also sold off as tensions grew between France and Germany.

As yields on French, Italian and Spanish government debt spiked, leaders of the Eurozone's two largest nations were in disagreement over how best to solve the crisis.

Thursday, November 17, 2011

Jaguar A Sign of Gold Stocks Accumulation / Commodities / Gold & Silver Stocks

By: Jeff_Berwick

We were beginning to question our premises... something that almost always signifies a bottom.  But, after riding through a tough year for the gold stocks, despite gold holding steadily between $1,500 to $2,000, it only came naturally that we should re-assess everything.

Were we wrong?  Would the gold shares consistently underperform the metal?  Would the rest of the market continue to ignore the precious metals stocks no matter what happened?

Thursday, November 17, 2011

Whirlwind Debt Crisis Ensures Gold $2000 Assured / Commodities / Gold and Silver 2011

By: Jim_Willie_CB

What an incredible whirlwind of crisis from seven foul winds around the globe. Most emanate from Europe, which is far from its climax in crisis. Three steps will lead to full blown eruption, the first Italy with rising bond yields and a bank run, the second Spain with rising bond yields and admission that banks are far more insolvent than recognized, and third the failure of all three largest French banks as the principal swine creditor. In fact, a great split has occurred, as France has been cut off from the future world by Germany, which looks East to Russia and China. The Berlin leaders will not be needing French squires to carry their bags, but instead will watch as Paris becomes the appointed leader of the PIIGS.

Wednesday, November 16, 2011

Is It a Good Time to Invest in Oil and Gas Pipeline Companies? / Commodities / Oil Companies

By: Marin_Katusa

Marin Katusa, Casey Energy Opportunities writes: Let's begin by positioning the sector. Investing in a pipeline company is similar to investing in a utility: Like electricity providers, pipeline companies operate in heavily regulated environments, and once they are up and running, pipeline operators enjoy stable cash flows from long-term contracts.

Wednesday, November 16, 2011

Gold Climbs as Euro Crisis Gets Worse Every Day / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR prices to buy gold climbed to $1779 an ounce Wednesday lunchtime in London – 0.5% down from last week's close –amid suggestions that central bankers in London and Frankfurt are growing more interventionist.

"Our strategic view remains unchanged," says Standard Bank commodities strategist Walter de Wet.
"Gold will push higher in 2012 with a target of $2000 in the first quarter of 2012."

Wednesday, November 16, 2011

Euro Gold Outperforming Bunds and Euro Assets / Celente’s MF Global Gold Account ‘Looted’ / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,775.20, EUR 1,318.30, GBP 1,125.30, CHF 1,630.20 , JPY 136,576 and CNY 11,263 per ounce.

Gold’s London AM fix this morning was USD 1,773.00, GBP 1,124.43, and EUR 1,311.49 per ounce.

Wednesday, November 16, 2011

The “Gold Beta” Of Mining Stocks and Why We Continue To Avoid Them / Commodities / Gold and Silver 2011

By: Bob_Kirtley

In this article we aim to explain the relationship between the movements in the price of gold and movements in gold stocks.

The financial tool that measures this relationship is the asset’s “Beta”. Beta is a measure of risk and compares the historical return of asset X with the return on the relevant market index over the same time period (eg returns on Google in the past 5 years vs returns on the S&P 500 in the past 5 years).

Wednesday, November 16, 2011

Will China’s Housing Market Boom Flow to Silver? / Commodities / Gold and Silver 2011

By: Dr_Jeff_Lewis

It now appears that the Chinese real estate market will face an inevitable correction.  Property prices in major metro areas have skyrocketed in the past decade, the result of a middle class that grew faster than available real estate, along with sky-high inflation statistics that make real estate an excellent store of value for Chinese investors. 

Tuesday, November 15, 2011

Bullish Coil for Gold / Commodities / Gold and Silver 2011

By: Mike_Paulenoff

From an hourly perspective of the SPDR Gold Shares (GLD), all of the action off of the Nov 8 high at 175.46 has carved out a high-level bullish coil formation, which (if it is bullish) should resolve itself to the upside in a thrust that projects into the 178.00 area next.

Tuesday, November 15, 2011

Paulson Sells Gold ETF, Buys Physical Bullion? Soros Not Gold Bearish / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,768.20, EUR 1,305.30, GBP 1,113.30, CHF 1,620.20 , JPY 136,076 and CNY 11,223 per ounce.

Gold’s London AM fix this morning was USD 1,765.00, GBP 1,113.99, and EUR 1,302.39 per ounce.

Tuesday, November 15, 2011

Gold Bounces on "Physical Demand", as Bond Market Attention Shifting Spain's Way / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR gold prices bounced to $1771 an ounce Tuesday lunchtime in London – still nearly 1% down on where they started the week after sharp falls yesterday and this morning.

"The yellow metal continues to find good scaled down buying interest towards $1750 as safe haven diversification continues," says a note from Swiss precious metals group MKS.

Tuesday, November 15, 2011

Gold as a Positive Economic Indicator / Commodities / Gold and Silver 2011

By: The_Gold_Report

A $3,000/ounce gold spike could boost equity valuation. In this exclusive interview with The Gold Report, John Kaiser, editor of Kaiser Research Online, shares the catalysts that could propel gold and silver stock prices higher in 2012.

The Gold Report: Gold prices reached historic highs during the last quarter. However, in a recent Kaiser Bottom-Fish newsletter, you showed the Toronto Stock Exchange Venture (TSX.V) listings since February have had dramatically more down than up days. Is this a correction or a long-term trend?

Tuesday, November 15, 2011

Gold Producers Lead while Developers and Explorers Lag / Commodities / Gold & Silver Stocks

By: Jordan_Roy_Byrne

Back in August we wrote a piece titled: The Catalyst for Consolidation in the Gold Sector. We noticed that the large cap producers had begun to outperform the rest of the sector which consists of small producers, developers and explorers. Risk aversion, the Euro debt crisis and a struggling stock market has contributed to the continued underperformance of the riskier plays in a risky sector. The chart below shows GDX (large producers), GDXJ (developers, explorers) and the ratio between the two.

Tuesday, November 15, 2011

IEA Report Advises Governments to Embrace Renewables and Nuclear Power / Commodities / Energy Resources

By: OilPrice_Com

The good news is that on 8 November the International Energy Agency released its 2011 "World Energy Outlook."

While it will cheer nuclear advocates, overall the report makes for grim reading.

Tuesday, November 15, 2011

Why Gold Should Set New Highs by Year End / Commodities / Gold and Silver 2011

By: Jeff_Clark

Jeff Clark, BIG GOLD writes: Most gold followers know the metal has a seasonal tendency to perform better in the fall and winter than in the spring and summer. Indeed, since 2001, the annual high for the gold price has occurred after Labor Day every year except two (2006 and 2008). Further, that peak was hit in November or December in seven of the last ten years.

Tuesday, November 15, 2011

Here’s Why Goldman Sachs is Staying Long Gold / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

On Monday, banking giant Goldman Sachs announced it is staying long gold. Due to low real interest rates, slower US economic growth, and rising debt, the bank has also raised its gold forecast for 2012.