Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, October 07, 2011
Gold Gains on Week, Central Banks Should "Create and Inject More Money" to Fight "Worst Ever Crisis" / Commodities / Gold and Silver 2011
By: Ben_Traynor
SPOT MARKET gold prices spiked 0.5% to $1661 an ounce – within 1% of this week's high – immediately following news of better-than-expected US jobs data on Friday. The gold price did however hand back all its gains within half an hour.
Stock markets and industrial commodities also rallied on the release of US nonfarm payrolls, which showed 103,000 nonagricultural jobs were created last month. Last month's report showed no jobs were added in August – though this has now been revised up to 57,000.
Read full article... Read full article...
Friday, October 07, 2011
Market Developments This Week Very Gold Bullish; Bears Focus on Price, Not Value / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,655.70, EUR 1,232.18, GBP 1,065.81, JPY 126,856.60, AUD 1,703.34 and CHF 1,523.38 per ounce.
Gold’s London AM fix this morning was USD 1,651.00, EUR 1,229.52, and GBP 1,063.10 per ounce.
Read full article... Read full article...
Friday, October 07, 2011
Global Debt Crisis: Investing in "Toxic Waste Treasuries" or Gold and Silver? / Commodities / Gold and Silver 2011
By: Bob_Chapman
Why would, almost non-yielding Treasuries, be a safe haven, when the government is broke? We would guess that, when a US dollar collapse comes, that owners of such bonds, notes and bills would like to lose equally what everyone else holding these debt instruments loses. We call it a commitment to stupidity. Those that see the folly in such action switch their cash flow to commodities, gold and silver.
Friday, October 07, 2011
Offshore Oil Key to Future Crude Oil Supplies / Commodities / Crude Oil
By: The_Energy_Report
Despite the risks and unfavorable public opinion associated with offshore drilling, the truth remains that the keys to unlock the planet's vast remaining oil resources lie beneath ocean floors, in places like the Gulf of Mexico, Brazil and even the Arctic. In this exclusive interview with The Energy Report, noted commodities expert Amine Bouchentouf tells us why he likes the prospects for oil explorers and producers and how the potash business is fueling food production for a growing world.
Friday, October 07, 2011
From Nuclear Disaster To Electric Car Disaster / Commodities / Nuclear Power
By: Andrew_McKillop
Turning an ill wind for nuclear power into a great post-disaster fillip for carbon neutral business as usual, Japan's shaken corporate elite has rallied to the "inevitable" all electric car solution. As Osamu Masuko, President of Mitsubishi Motors said on 3 October at the annual CEATEC show displaying the latest high-tech wares from rivals like Renault-Nissan, Sony, and NTT Docomo : “The role for electric cars changed dramatically since March 11,” (the date of the Fukushima disaster). He added: “We need to think of ways to store energy to use it.”
Thursday, October 06, 2011
Why Isn't the Gold Price Going Through $2,000 Now? / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
The gold price went over $1,900 and looked as though it was going to mount $2,000, but since then has fallen back to $1,600 and is in the process of consolidating around the lower $1,600 area. It was expected that it would have moved a lot higher faster, but that hasn't happened, yet.Read full article... Read full article...
Thursday, October 06, 2011
Is Newmont Mining a Refuge for Investors? / Commodities / Gold & Silver Stocks
By: Eric_McWhinnie
Newmont Mining (NYSE:NEM) is one of the largest gold (NYSE:GLD) producers in the world. It is the only gold producer included in the S&P 500 (NYSE:SPY) and Fortune 500. It has also been a refuge to precious metal (NYSE:DBP) investors over the past few weeks. Shares recently hit an all-time high of $71.25 on September 20th. Now, investors have an opportunity to purchase this major gold miner at a cheaper price.
Read full article... Read full article...
Thursday, October 06, 2011
Gold Steady, Eurozone Recapitalization "Must Depression Proof Banks", QE2 Launches in London / Commodities / Gold and Silver 2011
By: Ben_Traynor
SPOT MARKET gold bullion prices bounced around $1650 per ounce Thursday morning in London – 1.6% off the week's high – while stocks and commodities continued to rally following rumors of European bank stress tests and possible recapitalization.
Thursday, October 06, 2011
Gold Accepted as Collateral by LCH.Clearnet; ECB and BoE Likely to Keep Rates Ultra Loose / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,650.20, EUR 1,235.92, GBP 1,066.23, JPY 126,484.50, AUD 1,698.96 and CHF 1,524.98 per ounce.
Gold’s London AM fix this morning was USD 1,649.50, EUR 1,234.19, and GBP 1,065.43 per ounce. Yesterday’s AM fix was USD 1,600, EUR 1,202.56, and GBP 1,035.40 per ounce.
Read full article... Read full article...
Thursday, October 06, 2011
Load Up On Gold and Silver as Bernanke Dives Off the Deep End / Commodities / Gold and Silver 2011
By: Money_Morning
Martin Hutchinson writes:
I first thought U.S. Federal Reserve Chairman Ben Bernanke was being deceitful when he denied the existence of inflation - but now I'm beginning to think he's simply delusional.
Anyone who watched or listened to Bernanke's Oct. 4 congressional testimony must have reached the same conclusion.
Read full article... Read full article...
Thursday, October 06, 2011
Debt Crisis in Europe and the Dollar Weakens which drives Gold, Silver and Miners Up / Commodities / Gold and Silver 2011
By: George_Maniere
If you want to know future then pay attention to Europe. Pay attention to the policymaker’s decisions regarding the debt. Pay attention to Greece. While many of us have been waiting for ages for Greece to default on its insurmountable debt, it looks like the wait might be over. It's now been realized that Greece isn't going to make its deficit targets that were agreed upon when the country took its loans from the IMF and European Central Bank. While the deficit was originally supposed to be only 7.8% of the nation's GDP, due to slowdowns and poor forecasts, the deficits will now be a whopping 8.5% of GDP. This is putting even more pressure on the already fragile nation, which is even closer to a default as the deficits continue to eat away at the nation's economy.
Thursday, October 06, 2011
The HUI Gold Bugs Index Fails To Impress / Commodities / Gold & Silver Stocks
By: Bob_Kirtley
A great rally to 630, followed by a retreat and a retest that failed, as both gold and silver prices fell. As the chart shows the HUI has gained and lost a 100 points in a matter of months. Volatility with go faster strips remains the order of the day.
Thursday, October 06, 2011
Gold's New Volatility in Pictures / Commodities / Gold and Silver 2011
By: Adrian_Ash
Three charts showing just how violent the gold price has become...
ONLY 12 MONTHS AGO, the gold price was so placid – quietly making new record highs above $1300 and then $1400 per ounce – that volatility in its daily swings hit the lowest level in half-a-decade.
Read full article... Read full article...
Thursday, October 06, 2011
Junior Gold Miners Offer Bigger Bang for the Buck than ETFs / Commodities / Gold & Silver Stocks
By: The_Gold_Report
Despite the recent pullback in metals prices, Amine Bouchentouf still believes that precious metals and mining stocks offer investors the best way to profit from the unfolding global economic mess. In this exclusive interview with The Gold Report, he talks about a range of mining stocks that can offer investors the type of diversification and upside potential needed in today's rocky market environment and highlights several favorites.
Thursday, October 06, 2011
Gold and Silver at Bargain Prices Again? / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
Gold and silver bulls have been pushed back against the wall recently. The Dow Jones Industrial Average suffered its worst quarter since 2009, and caused many investors to liquidate their winning gold positions. Meanwhile, more economic slowdown fears seem to surface everyday, causing silver to be more volatile than gold. While gold gained roughly 8% in the third quarter, silver fell about 13%. Now, true gold and silver bulls are bargain hunting in precious metals.
Read full article... Read full article...
Thursday, October 06, 2011
Gold and Silver On the Threshold of the Greatest Bubble in History / Commodities / Gold and Silver 2011
By: Jeff_Clark
Jeff Clark, BIG GOLD writes: It may not feel like it after a 12% correction in the past 30 days, but Mike Maloney – founder of GoldSilver.com – is convinced that we’re in a gold bull market that will be life changing for those who participate. I interviewed him for our current edition of BIG GOLD and am sharing some of what we talked about here. You may be shocked at what you read, because he’s devoted a larger allocation to gold and silver than we have. See why he’s convinced a bubble is ahead for precious metals, how high prices will go, and why he stores some gold overseas.
Thursday, October 06, 2011
Demand for Wealth Preservation Ensures Gold's Retreat is Temporary / Commodities / Gold and Silver 2011
By: Nick_Barisheff
Gold will continue rising in value over the coming years for one reason: The primary buyers are purchasing physical gold for wealth preservation, and there simply isn't enough physical gold to satisfy their appetites. The recent pullback was by no means the bursting of the gold bubble. Bubbles are characterized by months of extended exuberance and consistently higher highs -- not the two- and three- hundred-dollar corrections we've seen twice in the past few weeks. Such pullbacks are healthy as they indicate gold has much, much farther to go.
Wednesday, October 05, 2011
Gold Tests $1600 Support as Eurozone Fears Banking Crisis / Commodities / Gold and Silver 2011
By: Ben_Traynor
SPOT MARKET gold prices fell below $1600 per ounce for the second time in less than 24 hours Tuesday morning in London – testing a level first breached on the way up back in July – before rebounding, while stocks and commodities rallied and government bond prices dipped following news that EU ministers are contemplating a European bank recapitalization.
Outflows from the world's largest gold ETF the SPDR Gold Trust (ticker GLD) saw the gross tonnage of gold held to back its shares fall to its lowest level since July 14 yesterday.
Read full article... Read full article...
Wednesday, October 05, 2011
Goldman and BOA Maintain 12 Month Gold Forecasts of $1,860 & $2,000 / Commodities / Gold and Silver 2011
By: GoldCore
Gold is 1.3% lower in US dollars and has fallen in all currencies today and is trading at USD 1,606.90, EUR 1,207/oz, GBP 1,039.50, JPY 122,637.90, AUD 1,672.28 and CHF 1,474.38 per ounce.
Gold’s London AM fix this morning was USD 1,600, EUR 1,202.56, and GBP 1,035.40 per ounce. Yesterday’s AM fix was USD 1,672, EUR 1,267.05, and GBP 1,086.35 per ounce.
Read full article... Read full article...
Wednesday, October 05, 2011
The Gold Price Conspiracy Uncle Sam Doesn't Want You to Know About / Commodities / Gold and Silver 2011
By: Money_Morning
Peter Krauth writes:
Is it really so preposterous to believe the United States and Europe would conspire to keep pole position in the global financial system?
I don't think so - and neither does China.
Read full article... Read full article...