Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, November 02, 2011
Will China Save CleanTech / Commodities / Renewable Energy
One of the most derisory add-on components to the supposed miracle accord cobbled together under France's Sarkozy and Germany's Merkel last week, to save Europe through a Bad Debt Fund (called the Financial Stability Fund) was the claimed sincere interest of China to partly finance this fund by recycling some of its huge stash of euros and dollars - while they still have any value. French state TV channels went as far as telling their supposedly gullible or plain stupid viewers that the Chinese interest almost verged on humanitarian concern !
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Wednesday, November 02, 2011
Gold Rebounds, Greek People asked to say "Yes or No" to Euro, FOMC "To Lay Ground for QE2" / Commodities / Gold and Silver 2011
THE SPOT MARKET gold price climbed to $1736 an ounce in early London trading – 3.1% above Tuesday's low – before falling back a bit, while European stock makrets halted recent steep declines but failed to stage a convincing rally following news that Greece's prime minister had been summoned to France to explain himself after calling for a referendum on last week's bailout deal.
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Wednesday, November 02, 2011
Gold ready to attack prior highs in the 1900’s / Commodities / Gold and Silver 2011
It’s been several weeks since I’ve written about Gold and we have had a wild ride since the 1910-1920 highs in August. At the time as we approached I forecasted a major correction was nigh and we were shorting the rise from 1862-1910 prior to a huge $208 drop that took place over just a few days. We covered our short at $1725 and then Gold rallied back to a double top at $1920 and then fell back to $1531.Read full article... Read full article...
Wednesday, November 02, 2011
Krugman Warns of “Gigantic Bank Run”, “Emergency Bank Closing” and “New Lira” / Commodities / Gold and Silver 2011
Gold is trading at USD 1,727.10, EUR 1,254, GBP 1,080, JPY 134,790, AUD 1,669.20 and CNY 10,978 per ounce.
Gold’s London AM fix this morning was USD 1,731.00, GBP 1,081.27 and EUR 1,257.35 per ounce.
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Wednesday, November 02, 2011
Silver, Greece and Greenspan / Commodities / Gold and Silver 2011
I must get 20 emails a day asking me if I believe that the silver market is rigged. I answer the same way every time. Yes!!!!!!!!!!!!!!
I have asked a few of my hedge fund buddies and a few were kind enough to comment on what many consider this highly contentious subject.
Wednesday, November 02, 2011
The Narrowing Spread Means Higher Crude Oil Price / Commodities / Crude Oil
Dr. Kent Moors writes: I just left Baltimore, where I met with the Oil & Energy Investor and Money Morning editorial teams to discuss some interesting new developments.
This was followed rather quickly by a flight to Frankfurt, Germany, for meetings on a potentially major push in the European approach to a rapidly changing energy landscape.
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Wednesday, November 02, 2011
Gold Perfect Mini Bubble-And-Bust Suggests Gold Price Will Hit $1800 By End November / Commodities / Gold and Silver 2011
The thing you got to understand about Europe is that in August they go on holiday. They used to all go to Greece although recently it’s only the Brits who go there on account of the demonstrators draping Swastikas over the Acropolis; in 2011 the real action was France and this year the German Invasion was intense.
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Wednesday, November 02, 2011
Confessions of a Gold Scammer, Lessons to Learn / Commodities / Gold and Silver 2011
Last week on Good Morning America, ABC ran an exclusive on the $ 29.5 million Global Bullion Exchange fraud. The piece presented the mastermind behind the gigantic gold and silver scam, Jaime Campany. From 2007 through 2009, Campany and his company's accomplices stole more than 1400 individual investor's savings. The vast majority of these folks will never recoup their losses.
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Wednesday, November 02, 2011
No Easy Substitutes for Rare Earth Metals / Commodities / Metals & Mining
Light, strong rare earth elements (REEs) revolutionized the digital era and changed the face of our everyday lives. Even as shortages loom and companies scramble to find low-cost solutions, these critical materials cannot be easily replaced, nor can opportunities in this sector be dismissed. In this special for The Critical Metals Report, Gold Stock Trades Editor Jeb Handwerger calls attention to mainstream media's shortcomings in its REE sector coverage and profiles one company already making headlines.
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Wednesday, November 02, 2011
Silver, the Schizoid Metal / Commodities / Gold and Silver 2011
Ross Beaty, executive chairman of Alterra Power and serially successful mine finder, talks at the Casey/Sprott Summit When Money Dies about the differences between gold and silver, and why the silver price has gone up so much.
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Wednesday, November 02, 2011
Investment Demand Powers Silver’s Slow Ascent / Commodities / Gold and Silver 2011
Silver prices are known to be volatile given its varying demand in the investment and industrial sectors. Recent times have been trying, as demand in both sectors has been slow. In late October, silver traded at $30.58 per ounce, a fall of 2.08%.
China’s industrial sector accounts for 70% of the country’s demand for silver but with a slowing economy, the demand for the precious metal has naturally slowed down too. Aaron Back of The Wall Street Journal wrote, “China’s trade surplus narrowed in September as exports to the European Union fell, showing that faltering economies abroad are beginning to affect China.”
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Wednesday, November 02, 2011
China’s Rare Earths Game Attracts Players Worldwide / Commodities / Metals & Mining
Early 2011 saw stock prices of rare earth companies soaring upwards with the share price of Colorado based Molycorp Inc. reaching $79.16 per share. However, Molycorp share prices fell by 32% over four days in September. The price fall was partly because of falling rare earth prices worldwide combined with excess inventory and partly because of overall market trends. Stock prices of Australia’s Lynas Corp have also been adversely hit by falling rare earth prices. Average rare earth oxide prices have fallen almost 20% over the last quarter. Recent developments could however bring about another hike in rare earth prices, which would mean sunny fortunes once again for non-China based rare earth producers.
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Tuesday, November 01, 2011
Uranium Stocks Powering Up / Commodities / Uranium
While Germany and Switzerland have made headlines with sudden phase-out plans, world leaders from North America to Africa to Asia have reaffirmed their commitment to nuclear power as a low-carbon, low-cost energy solution. Development plans continue for the industry, and the long-term growth picture shows continued uranium demand. In this exclusive interview with The Energy Report, Rob Chang discusses prospects for both junior and major uranium developers and producers, and which companies could be the next belle of the bidding war ball.
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Tuesday, November 01, 2011
Gold at Key Resistance Plateau / Commodities / Gold and Silver 2011
Spot gold prices have recovered from a spike corrective low at 1681 to around 1713. This is right below a key resistance plateau that could be construed as the "neckline" of a week-long minor but meaningful head-and-shoulders topping pattern.
Inability of spot gold to claw its way above the neckline and right shoulder resistance zone at 1714 to 1726 in the upcoming hours increases the likelihood of another loop down that tests and breaks 1681 on the way to the 1660 support area thereafter.
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Tuesday, November 01, 2011
Gold Drops through $1700, Draghi Faces "Baptism of Fire" after Greece Referendum Curveball / Commodities / Gold and Silver 2011
U.S.DOLLAR gold prices dropped through $1700 an ounce Tuesday lunchtime in London – at one point showing a 3.3% fall from last week's close – as stock and commodity markets were also hit following news that the Greek prime minister has called for a referendum on last week's Euro Summit deal.
Physical gold trading was quiet, news agency Reuters reports, with premiums in Hong Kong falling to around $1 per ounce, having been $1.50 last week.
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Tuesday, November 01, 2011
Global Depression, Sovereign Default and Hyperinflation Are Top “Extreme Risks” Today / Commodities / Gold and Silver 2011
Gold is trading at USD 1,702.93, EUR 1,241.52, GBP 1,069.63, JPY 133,157, AUD 1,648 and CHF 1,513.71 per ounce.
Gold’s London AM fix this morning was USD 1,702.00, GBP 1,067.69 and EUR 1,243.06 per ounce.
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Tuesday, November 01, 2011
Last Chance to Buy Gold and Silver At a Discount / Commodities / Gold and Silver 2011
Last Thursday, October 20th, all was right in the world. We had rallied past every key technical indicator; Europe had announced that they had come to an agreement to save the default of Greece and Spain, and Italy and Portugal. Peace and prosperity would once aging reign in the land of Leonardo da Vinci, and the home of the greatest art ever created. The food is not too bad either.
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Monday, October 31, 2011
Why Gold Stocks are Set for a Big 2012 / Commodities / Gold & Silver Stocks
Last week we discussed the concept of relative strength. Again, relative strength is the measuring of one market against another. There are perhaps 1000 mining companies and maybe 5% of them are worthy of your research and investment. Fundamental analysis should lead you to the best companies while technical analysis (relative strength analysis in this case) can generate a precise list of top prospects. Today we are focusing on relative strength in a larger context and will then apply it to the gold stocks.
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Monday, October 31, 2011
How Will the Yen Intervention Affect Gold and Silver? / Commodities / Gold and Silver 2011
The relationship between the US dollar index and precious metals is an important one to respect. Last week, the dollar index experienced a sharp decline as the EU plan offered support to the euro, which is the largest weighted currency in the dollar index basket. As a result, gold and silver had a terrific week. Now, the Japanese yen is sending the US dollar sharply higher, and precious metals lower.
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Monday, October 31, 2011
Beef Bull Market / Commodities / Commodities Trading
Have been visiting myfavorite unknown, small, near-hidden grocer more often recently. Reason for that is their steaks are both good, a rarity in this modern world, and reasonably priced relative to others. Another reason for doing so is in part to eat beef now, while it remains affordable.
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