Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, August 03, 2011

Decline Ended in Crude Oil? / Commodities / Crude Oil

By: Mike_Paulenoff

Nearby NYMEX crude oil futures have the right look and the requisite underlying internals to suggest that yesterday's low at 93.42 and this morning's low at 93.81 ended the decline from the July 26 high at 100.62.

If that proves to be the case, then as long as 93.75/42 remains intact as key support, oil -- and the U.S. Oil Fund ETF (USO) --- likely is starting a recovery rally. That rally should revisit key resistance at 98.00-98.60 in oil futures, which, if hurdled, will trigger upside continuation to 100.00 for a test of the July highs.

Wednesday, August 03, 2011

Is This the World's First Silver Backed Bond? / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

First, let me start by saying that I am not affiliated with Royal Silver Company, nor do I endorse their products. However, the company has a rather unique opportunity that investors may want to research.

Royal Silver Company is a Panama corporation with a wholly-owned subsidiary in Bolivia. The company uses an advanced hydro-metallurgical method for producing silver from mined ores. Furthermore, the company uses zero emission technology in order to produce certified .99999 silver. The company currently employs about 75 people.

Wednesday, August 03, 2011

Is the Debt Ceiling Raise Bullish for Gold? / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

It was quite the day for markets as a debt ceiling deal played with emotions. The Dow (NYSE:DIA), which initially jumped over 100 points at the open, finished the day down 10 points. The U.S. Dollar (NYSE:UUP) received a boost as markets are somehow feeling reassured about the government’s ability to borrow more money. Gold (NYSE:GLD) and silver (NYSE:SLV) also closed the day lower.

Wednesday, August 03, 2011

Are Junior Resource Stocks Really Undervalued? / Commodities / Gold & Silver Stocks

By: Q1_Publishing

Are junior resource stocks undervalued?

A quick look at the chart below of the TSX Venture Index would indicate they are:

Tuesday, August 02, 2011

Gold New Record High on U.S. Debt Downgrade Risk / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR prices to buy gold set a new intraday record Tuesday lunchtime in London, breaking through last Friday's previous high of $1632 per ounce – while stocks and commodities fell and US Treasury bonds rose after the US debt ceiling deal passed its first key vote last night.  

Over in Europe, meantime, borrowing costs soared for Italy and Spain as yields rose on each country's 10-Year government bonds.

Tuesday, August 02, 2011

Sharp Increase in Central Bank Gold Reserves, South Korea Up 17-Fold, Thailand 15.5% in 2 Months / Commodities / Gold and Silver 2011

By: GoldCore

Gold is higher in all currencies today except for the Swiss franc and is trading at USD 1,629.20 , EUR 1,147.30 , GBP 1,000.20 and CHF 1,270.10 per ounce. Gold’s London AM fix was USD 1624.00, EUR 1145.28, GBP 997.30 (10:41 GMT).

Gold reached new record nominal highs in euros and Canadian dollars yesterday at EUR 1,149.60/oz and CAD 1,566.48/oz yesterday and remains close to these record highs today, and close to record highs in most fiat currencies.

Tuesday, August 02, 2011

Gold and Silver are the Safe Plays / Commodities / Gold and Silver 2011

By: George_Maniere

Wow, it seems like yesterday QE 2 ended. It was actually a month ago.  Already there is talk in currency markets about another round or quantitative easing, QE3.

Tuesday, August 02, 2011

Gold $1,600 Gold Equals Big Money for Mid-Cap Stocks / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Brent Cook, editor of the Exploration Insights newsletter, likes to spend his days winnowing out junior companies on the verge of making discoveries. But when he noticed a disconnect between the skyrocketing gold price and the low valuations of some larger mining companies, he jumped on it. In this exclusive interview with The Gold Report, Cook details which types of miners will be the beneficiaries of this continuing trend.

Tuesday, August 02, 2011

Gold Going Over $1600, Top 20 Quotes / Commodities / Gold and Silver 2011

By: Michael_J_Kosares

The world's investment community, including besieged private investors, is reeling at the twin terrors of sovereign financial breakdowns on both sides of the Atlantic. Gold has responded by rising nearly $150 in less than a month under heavy global demand. No sooner does the dust settle in Europe than something is kicked up in the United States, or vice versa, complicating the decision-making process and narrowing the options. We thought it would be interesting to catalogue in one place the best quotes on gold going over $1600 -- the thought-provoking, the witty, the profound (not necessarily in order of preference).

Monday, August 01, 2011

The Gold and Silver Warrants Index (GSWI) in Review / Commodities / Options & Warrants

By: Lorimer_Wilson

Virtually nothing is being written these days on the few long-term warrants associated with gold and silver mining companies. I suppose that is to be expected given that there are only 22 such warrants and they are associated with only 19 companies in total. That is unfortunate because those who are in the know can take advantage of the significant leverage warrants generate in a bull market over investing in physical gold and silver, precious metals company stocks and mutual/exchange traded funds. What am I talking about - and which warrants am I referring to? Let me explain.

Monday, August 01, 2011

Gold Rallies After Washington Kicks Biggest Can Ever Down the Road / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR gold bullion prices rallied to almost $1620 an ounce Monday morning London time – 0.7% off Friday's all time high – having dropped sharply as Asia opened, while stocks and commodities rose after US President Obama announced a last-minute debt ceiling agreement.

Silver bullion prices traded around $39.50 per ounce – around 1% down from Friday's close.

Monday, August 01, 2011

How a Debt-ceili​ng deal could spark a short-term drop in Gold prices / Commodities / Gold and Silver 2011

By: Money_Morning

Peter Krauth writes: I'm an avowed gold bull, and I truly believe that gold investors will end up benefiting from the biggest bull market of our time.

But we have to be honest: Investor psychology plays a crucial role in shorter-term investment results. And recent trading patterns clearly demonstrate that most of the recent increase in the price of gold is due to the debt-ceiling debate in Washington, as well as the European sovereign-debt crisis that continues to lurk in the background.

Monday, August 01, 2011

Steel’s Slow Rise / Commodities / Steel Sector

By: Anthony_David

The World Steel Association reported a global steel production increase of almost 8% in June, y-o-y. China reported a y-o-y production increase of 11.9% in June, and a m-o-m production increase of 1.7%. The nation’s slow economic period did not seem to affect its steel industry significantly. Analysts believe the government’s incentives to steel makers for increasing production have borne the right results. The US, Africa, India, Japan and the Middle East also reported production increases but both Australia and Europe reported sharp falls in their y-o-y production in June. However, in a complete reversal, the China Iron and Steel Association (CISA) reported a 3.1% m-o-m production fall in early July.

Monday, August 01, 2011

What’s Your Silver Investing Strategy? / Commodities / Gold and Silver 2011

By: Anthony_David

After four days of an upward climb in mid-July when silver prices reached $40.55 per ounce, spot silver prices fell by $1.022 to reach $39.53 per ounce on July 19. Analysts are of the opinion that silver prices are reflecting the reactions of investors who are concerned about the approaching August 2 deadline for the US debt ceiling, the Eurozone debt and the US Federal Reserve hinting at a third round of quantitative easing (QE3). They agree that while the fall may just be a result of precautionary selling or profit taking, the long-term prospects for precious metals such as silver are promising since structural issues with debt and loose monetary policies are here to stay. In 2010, the price of silver increased by almost 80%.

Monday, August 01, 2011

Three Great Ways to Play Silver Bull Market / Commodities / Gold & Silver Stocks

By: George_Maniere

           Well it looks like an agreement has been reached and all that is left is to cross the T’s and dot the I’s. For those of you that have been reading my writings, you know that I have written that once there was some sort of agreement on the debt ceiling we will get a short term relief bounce on the dollar and that's when you buy gold and silver as there is an inverse correlation to a strong dollar and the price of gold and silver.  Then the realization that nothing has changed for the better will become apparent and the markets will sell off with a vengeance.

Monday, August 01, 2011

Silver – An Historical Comparison / Commodities / Gold and Silver 2011

By: Willem_Weytjens

In this article, we will describe both a bullish and a bearish view on silver. Some say Gold and Silver are huge bubbles about to pop (they say that silver already popped when it dropped from nearly $50 to nearly $30 in may). Gold however, is trading near an all-time high, so definitely, the gold bubble hasn’t popped (yet).

Sunday, July 31, 2011

Gold Makes New Highs, But Something Does Not Feel Right / Commodities / Gold and Silver 2011

By: Merv_Burak

Well you can’t much argue with new highs but you can be cautious.  Something just doesn’t seem right, at least not from the short term, although the long term continually looks great for gold (and silver).

Sunday, July 31, 2011

Silver Backwardation a Result of COMEX DEFAULT RISK / Commodities / Gold and Silver 2011

By: SilverDoctors

Backwardation in a commodity can be caused for 2 reasons.  Either traders want out of the currency (they have no wish to receive US dollars when future contracts expire as they fear those dollars will be worthless) OR they fear that the physical commodity will not be available for delivery when the contract matures. If a lack of confidence in the US dollar was the PRIMARY cause of backwardation in silver, clearly we would see a significant backwardation in the GOLD MARKET AS WELL! The lack of coinciding backwardation in gold indicates that major players are concerned about the SUPPLY OF PHYSICAL SILVER! 

Sunday, July 31, 2011

The Complete Cost Of Mining Silver / Commodities / Gold & Silver Stocks

By: Steve_St_Angelo

The inspiration to write this post was to clarify some issues with the costs of mining silver. I believe many of the investing public has mistaken what is termed as the “CASH COST” as the real cost of mining silver. According to the Silver Institute in 2010, the cash cost from primary mine production was $5.27 an ounce. The Silver Institute gets their info from the World Silver Surveys produced by GFMS. I have had an email exchange over the past several months with one of their metal analysts on various topics. I recently asked permission to reproduce their Cash Cost graph for this post, and was told I could do so for $1,500.

Sunday, July 31, 2011

Gold Worship and Donuts / Commodities / Gold and Silver 2011

By: Ned_W_Schmidt

This week markets have taken two prices to new highs: donuts and Gold. One is eaten. Other is now worshiped. Which should be our choice for today? At today's prices, donuts may be better choice.

For those wondering why donuts came to mind, Dunkin' Brands stock(US: DNKN) came to the market this week. First day pop was almost 50%. At the same time, $Gold was pushed to a record high. At that same time as anticipating the U.S. government defaulting, investors are buying donuts?