Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, September 21, 2011
Why Oil Prices Not Debt Will Be Europe's Next Big Worry / Commodities / Crude Oil
Dr. Kent Moors writes: As I met with the Polish officials last Friday in Krakow to begin government sessions on shale gas policy, and European Union (EU) ministers met in the southwestern city of Wrocław, Poland, thoughts turned once again to oil pricing.
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Wednesday, September 21, 2011
Indian Rupee vs. Silver / Commodities / Gold and Silver 2011
Investors shouldn’t forget one of the best sources of demand for silver and gold—India. Gold was always a historically important commodity in India, where it’s seen as a store of wealth. Silver, on the other hand, rose mostly as a necessary “poor man’s” entry into precious metals, which have risen far faster than wages in most of the emerging market economies.
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Wednesday, September 21, 2011
Gold and Silver Investment Opportunity / Commodities / Gold and Silver 2011
Plenty of reasons to be cautious were flagged up in today's "Bubble or Not?" debate...
LOTS MORE to share from the second and last day of this year's LBMA Annual Conference here in Montreal. But the red-eye for London won't wait, not with Air Canada cabin staff starting a strike at midnight.
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Wednesday, September 21, 2011
Gold GDX Has Given Us a Nice Secondary Buy Point / Commodities / Gold and Silver 2011
There has been a growing numbers of investing experts have been declaring that gold is a bubble: an insanely overvalued asset whose price is bound to burst.
I believe that there is no basis for that opinion. Understanding why I feel this way can help point an investor toward clearer thinking about the frenzied precious metal markets.
Tuesday, September 20, 2011
Gold and Silver Miners Beginning To Outperform Bullion / Commodities / Gold and Silver 2011
There has been short term profit taking in gold over the past few weeks as investors return to an oversold equity market. Make no mistake such a development is temporary and healthy as GST believes gold prices will make it back to the $1900+ area.It is important that our comments be clearly understood. As the Gold ETF(GLD) hit our overbought targets we moved laterally into our mining selections, which were just on the cusp of upside breakouts after several months of consolidation.
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Tuesday, September 20, 2011
Gold Rallies from 2% Fall, Italian Downgrade shows Eurozone Leaders are "Asleep at the Wheel" / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices rose to $1795 per ounce Tuesday morning in London – still 0.9% down for the week – while stock and commodity markets also gained despite yesterday's news of an Italian credit rating downgrade.
A day earlier, US stock markets fell, while gold prices lost 2% in less than hour.
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Tuesday, September 20, 2011
Gold Gains as Credit Rating Agencies Flag an "Italian Job" / Commodities / Gold and Silver 2011
Gold is trading at USD 1,793.84, EUR 1,309.37, GBP 1,140.96, JPY 137,101.40, AUD 1,742.44 and CHF 1,577.91 per ounce.
Gold’s London AM fix this morning was USD 1,792, EUR 1,309.37, and GBP 1,142.27 per ounce.
Yesterday’s AM fix was USD 1,817, EUR 1,332.31, and GBP 1,155.56 per ounce.
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Tuesday, September 20, 2011
Gold Stocks Escape Velocity / Commodities / Gold & Silver Stocks
I have been tracking the gold stocks since gold began to rise in 2001. I am a self-confessed screen jockey so I have seen every phase, quirk, lull and rocket ride this sector has had to offer over since it all began. I love the markets. There have been exciting explosive rallies for gold stocks; a new one has been long overdue. I have watched, analysed and successfully traded this Gold Bull Market (GBM) since it started therefore I hope am well qualified to bring you a valid point of view and an important message.
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Tuesday, September 20, 2011
Perfect Storm Creates Tidal Wave of Gold Demand / Commodities / Gold and Silver 2011
A few weeks ago we held our Case for Investing in Gold webcast with the World Gold Council’s (WGC) Jason Toussaint, who gave some remarkable insight into gold demand in the East. In these countries, gold is not only celebrated, acquired, worn or displayed during holidays or special occasions; it is seen as an everyday symbol of wealth.
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Tuesday, September 20, 2011
Downleg in Crude Oil / Commodities / Crude Oil
Nearby NYMEX crude oil finally proved the chart work correct as it plunged from the upper portion of its September congestion pattern (89.00-90.00) to the lower portion (86.00-84.00). The decline from last Thursday's lower recovery high at 90.15 into this morning's low at 84.93 has the look and structure of a completed downleg.
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Tuesday, September 20, 2011
The last decade has seen tectonic shifts in the global gold market... / Commodities / Gold and Silver 2011
TEN YEARS into the current bull market in gold, enquiring minds are gathered here in Montreal (along with a good number of traders, too) to ask how did we get here? What's driving the price higher? And how much further might there still be?
"History [is] a guide to the future," said Pierre Lassonde, chairman of the $5 billion Franco-Nevada Gold Corporation to the London Bullion Market Association's annual conference, here at Le Sheraton Hotel this morning.
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Monday, September 19, 2011
How High Can Gold and Silver Climb? / Commodities / Gold and Silver 2011
Jeff Clark, Casey Research writes: With gold a stone’s throw away from $2,000 and already up 27% on the year, the objective investor might begin wondering how much higher both it and silver can climb. After all, gold is nearing its inflation-adjusted 1980 high – and that peak was a spike that lasted only one day.
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Monday, September 19, 2011
Get Ready for Gold and Silver Christmas Rally / Commodities / Gold and Silver 2011
During 18 of the last 22 years, gold has rallied between US Labor Day and Christmas. Will the pattern this year follow the historical pattern? We will analyze the fundamentals, look at some charts and try to draw a conclusion. The charts in this report are courtesy Stockcharts.com unless indicated.
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Monday, September 19, 2011
Compromise​d Global Markets Thwart Any Possibilit​y of Economic Recovery: Gold to Benefit / Commodities / Gold and Silver 2011
My argument is that the “disappointing recovery” that began in July is nothing less than the exhausted temporary stopgap effect of stimulus, zero interest rates, and TARP, and not, as stipulated in the mainstream, the onset of a “double dip”, or “economic weakness”. The injection of upwards of $2 trillion U.S. dollars into the global banking layer that blankets national economies created the illusion of growth by manifesting as corporate earnings among banks and Fortune 500 companies. All that the creation of all that capital has done is create more debt – which is exactly its purpose. But more than the debt issues, or rather, overshadowing the effect of debt deterioration on economic vitality, is the fact that markets – stock market index futures, derivatives and futures in all commodities – have been so thoroughly compromised as to become completely untrusted.
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Monday, September 19, 2011
Gold Falls after Strong Start, Stocks Plunge on Greece Domino Effect / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices slipped back to $1813 an ounce Monday lunchtime in London – roughly where they ended last week – following a sharp rise at the start of Asian trading that saw the gold price leap 0.8% in half an hour.
"Investor interest in gold has continued to be sustained by widening economic uncertainties," says the latest Metals Monthly from London commodities consultancy VM Group.
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Monday, September 19, 2011
Gold Forming a Bullish Consolidation / Commodities / Gold and Silver 2011
This is an important juncture for Gold and let me say the analysts. We are starting to see some disagreement on Gold and that is natural after a strong surge. It is a small part of the reason why Gold is likely to soon replicate its last move. We believe the market is ready for another big move that could leave many on the sidelines. It is somewhat of a contrarian call. After a 25% surge in less than two months its natural to assume its overbought and a correction is needed but the evidence favors another surge higher.
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Monday, September 19, 2011
The Gold Continuation Triangle, and the Coming Breakout to $2,100 / Commodities / Gold and Silver 2011
The Gold Daily and Silver Weekly charts are growing rather large since the key breakouts that mark this leg of their bull markets. It does give the big picture, but it could make things a little more difficult to see for the short term movements. Here is a closer look at daily gold.
Although there are a number of possibilities, some of which have been promoted by other 'name' chartists which people have sent to me, it seems most likely that gold is in a short term consolidation pattern, as a pronounced symmetrical triangle. A breakout to the upside seems most likely. That breakout will target 2100.
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Monday, September 19, 2011
What Future US Monetary Policy Means For Gold Prices / Commodities / Gold and Silver 2011
Gold has traded in a choppy lateral motion recently, with prices sliding south over the past week or so. The market looks hesitant ahead of the FOMC meeting this week, with traders cautious not to take on too much prior to what could be a game changing announcement. Bears are cautious about getting too short in case Bernanke announces a significant easing of monetary policy and bulls share a similar sentiment in case the Fed announces less easing that the market currently expects. This lack of conviction coupled with some profit taking has contributed to the recent price action in gold.
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Sunday, September 18, 2011
Gold Odds Favor Accelerating to the Downside / Commodities / Gold and Silver 2011
The week has seen some ups and downs for gold but in the end gold has been slipping slowly lower. Will it reverse or accelerate? Odds seem to be on the side of accelerating on the down side with some ups to confuse the issue.
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Sunday, September 18, 2011
Why Gold is not good for long term investment / Commodities / Gold and Silver 2011
“Gold has no utility other than looking shiny and pretty. Gold demand equals fear demand and when people becomes more afraid than you in a year or two, then you will make money but if they are less afraid, then you will lose money. Gold by itself doesn’t produce anything and is a bad investment in the long run” Warren Buffet on Gold Investment
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