Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, August 11, 2011
Swiss Capital Flows Indicate Metal Surge in Europe / Commodities / Gold and Silver 2011
Behavioral finance tells us that behind every mathematical proof of a financial concept is a human element. Human nature plays itself out each day, as we interact with our portfolios, investments, and the markets to find the “equilibrium price” as determined by all of our errant thoughts.
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Thursday, August 11, 2011
Financial Market Conditions Extremely Gold and Silver Friendly / Commodities / Gold and Silver 2011
"Buy the TSXV" was the advice Michael Ballanger, investment advisor for Union Securities Ltd., sent to his clients the morning after the Dow Jones Industrial Average lost 698 points, the worst loss since 2008. In this exclusive Market Conditions Update for The Gold Report, he explains why he sees the current climate as "extremely gold-and-silver friendly."
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Thursday, August 11, 2011
Why Gold is the Commodity Above All Others / Commodities / Gold and Silver 2011
On Tuesday, the Dow (NYSE:DIA), S&P 500 (NYSE:SPY), and the Nasdaq (NASDAQ:QQQQ) all managed to save a little face as Ben Bernanke reassured markets of more cheap money for at least another two years. Although equities and commodities (NYSE:RJI) have been witnessing a selloff over the past few days, gold (NYSE:GLD) has remained strong. Comex December gold futures reached a new high of $1782.50 on Tuesday.
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Thursday, August 11, 2011
Gold Faces Short-Term Price Trap / Commodities / Gold and Silver 2011
Last week Fed Chairman Bernanke raised eyebrows and denied history when he asserted in front of Congress that gold doesn't qualify as money. Yesterday he took the unprecedented step of announcing that the Federal Reserve would keep interest rates near zero for at least the next two years. In very short order thereafter it required much more of the money that he believes in (U.S. dollars) to buy the money that he doesn't believe in (gold).Read full article... Read full article...
Thursday, August 11, 2011
Gold and the Inflation, Deflation Storm / Commodities / Gold and Silver 2011
The events of the last ten days are surely for the history books. The story must be told through a prism of the epic battle between inflation and deflation. The Jackass hates the parlance, since each term is abused. Inflation is the expansion of the monetary supply, while deflation is the decline in that supply. The Powerz would prefer that the public misconstrue what inflation is, so that they can continue to exploit it for their private gain and control of entire banking systems. The US Federal Reserve would prefer that the public remain clueless on the inflation threat, by citing the deflation threat in a manner to justify their Weimar-like hyper inflation. They have expanded the US$ money supply through USTreasury debt monetization severely, to the tune of $2 trillion in two years. That is bigtime inflation!! The downstream consequence is a fast notable rise in the cost structure across the entire global economy, complete with loud outcry. The reaction has been to protect against the price inflation (higher costs) and bond deflation (lost value) by the widespread purchase of both Gold & Silver (bonafide safe haven).
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Thursday, August 11, 2011
Silver SLV ETF Heading Higher / Commodities / Gold and Silver 2011
Looking at the iShares Silver Trust ETF (SLV) from a big picture perspective, all of the action off the major April high at 48.35 has carved out a base-like "cup" formation from early May to late July, which has been followed by a correction that has taken the shape of a "handle."
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Wednesday, August 10, 2011
Mongolia Energy Riches Attract Neighbors and Outside Interests / Commodities / Energy Resources
Pity poor Mongolia, bereft of fiscal resources, caught between the ambitions of its superpower neighbors, Russia and China.Ulaan Bator's situation is akin to interwar Poland, dexterously attempting to reconcile its foreign policy between the USSR's hammer and Nazi Germany's hard place. Who will ultimately benefit is anyone's guess, but the country's nascent energy and mineralogical riches have opened the land of Genghis Khan to a fierce bidding war those ultimate outcome is unclear at best.
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Wednesday, August 10, 2011
Simon Ridgway on Gold Exploration and the Yukon / Commodities / Gold & Silver Stocks
Ron Hera submits: The Hera Research Newsletter (HRN) is very pleased to present a fascinating interview with Simon T. Ridgway, President and Director of Yukon gold exploration company Radius Gold, Inc. (TSX:RDU), Chairman of Fortuna Silver Mines, Inc. (TSX:FVI), Chairman and Director of Focus Ventures, Ltd. (TSX:FCV), and founder of the Gold Group of metals mining and exploration companies. Beginning as a prospector in the Yukon Territory in the late 1970s, Mr. Ridgway is today an accomplished explorationist, mine builder and mining financier. Since 2003, Gold Group companies have raised over $375 million for exploration and development projects.
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Wednesday, August 10, 2011
Gold Up as Fed Will Push QE3 if Necessary / Commodities / Gold and Silver 2011
THE DOLLAR gold price rallied to $1767 an ounce Wednesday morning in London – 0.6% off the previous day's all-time high – as stocks and commodities also rose following the US Federal Reserve's interest rate announcement on Tuesday.
Silver prices climbed to $38.67 an ounce – 0.9% up for the week so far.
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Wednesday, August 10, 2011
When Buying Gold Becomes a Life-or-Death Question / Commodities / Gold and Silver 2011
Jeff Clark, Editor BIG GOLD, Casey Research writes: I was recently asked in an interview if I thought gold was going to $5,000 an ounce. "No," I said bluntly. "I think it's going higher."
"You're that optimistic?"
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Wednesday, August 10, 2011
Gold Rally Nearing Exhaustion? / Commodities / Gold and Silver 2011
As of this morning, spot gold was trading at $1752.20, down nearly $30 from its new high at 1781.50. This morning marked the second consecutive BIG up-gap (higher) open after the SPDR Gold Shares (GLD) challenged its upper channel resistance line at 162.50 (discussed in last Friday's 8/05, 3 PM chart posting).
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Wednesday, August 10, 2011
Gold Bugs Have Won! / Commodities / Gold and Silver 2011
One of the problems faced by economic policy makers is that an impartial referee, the markets, does exist. That referee now holds up a red card. Ultimately, reality and the numbers will dominate ideology. Economic philosophy is fine, if it works. Well, the numbers are in. In the graph below are the results:
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Wednesday, August 10, 2011
Gold and the Bear Market in Fiat Currencies / Commodities / Gold and Silver 2011
Today, you will hear that gold is rising to record highs. You will hear talk of it entering a 'bubble' again. This is entirely the wrong perspective!
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Tuesday, August 09, 2011
JP Morgan Warns Gold to Go Parabolic and Rise to $2,500 By Year End / Commodities / Gold and Silver 2011
Gold in USD terms is 2.4% higher and is higher against all currencies and trading at USD 1,760.40 , EUR 1,234.10, GBP 1,075.70, CHF 1,306.80 per ounce and 132,719.00 JPY.
Gold’s London AM fix was USD 1,770.00, EUR 1,241.75, GBP 1,080.98. Gold reached new record nominal highs at $1,780.10/oz and new nominal highs in euros and sterling also this morning.
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Tuesday, August 09, 2011
Gold Hits Fresh Records, Stocks Enter Bear Market, Fed Needs to "Do What It Takes to Cause Inflation" / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices raced to $1778 an ounce Tuesday morning London time – a record high, and 9.6% up since Aug. 2, the day President Obama signed the US debt ceiling bill.
In contrast, silver prices dropped to a low of $38.06 per ounce – 0.7% down on last Friday's close.
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Tuesday, August 09, 2011
Gold Prices Hit Record High After S&P Downgrade, Are Poised to Double / Commodities / Gold and Silver 2011
David Zeiler writes: Gold prices hit a record high of $1,718 an ounce in intraday trading yesterday (Monday) in response to Standard & Poor's downgrade of the U.S. credit rating, and the continuing drumbeat of dreary global economic news will keep pushing the yellow metal higher.
In fact, Money Morning Contributing Editor Peter Krauth reiterated his belief that gold prices will more than double from current levels.
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Tuesday, August 09, 2011
An Acceleration in Gold Price Trend has Begun / Commodities / Gold and Silver 2011
In recent months we've been talking and writing about a potential acceleration in Gold. The chart said we were close and in all honesty Gold has actually been in a state of gradual acceleration since the 2008 low. Furthermore, we'd noted that in most secular bull markets, accelerations usually begin in the 11th or 12th year and are totally obvious by the end of the 13th year. Given the move of the past five weeks, there is no reason to think otherwise. An acceleration in the bull market has begun and will take Gold to $2000/oz and quite a bit higher in the next 18 months.
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Tuesday, August 09, 2011
Crude Oil Price Falling Off A Cliff, Like September 2008? / Commodities / Crude Oil
I suspect that even the most sophisticated student of Econ-101 would concede that the trajectory of the price of oil in 2008 was a bubble and that 2009 was a bust?
Not that anyone has come up with a convincing theory for what it was that pumped up the bubble or what finally popped it, outside of the old favorites such as…the insanity of crowds, terrorist plots, and Goldman Sachs.
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Tuesday, August 09, 2011
JP Morgan Sees Gold At $2,500 By Year End / Commodities / Gold and Silver 2011
Apologies for whizzing you around to all the corners of the web but we thought that this post would be of interest to you, it can be found on zerohedge, which in our humble opinion is well worth a visit when you can find the time.
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Tuesday, August 09, 2011
Silver Parabola’s & Consolidations / Commodities / Gold and Silver 2011
Please have a look at the next charts, that show us what happened after a silver Parabola burst.
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