Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, July 27, 2011
What Didn't Change When Nixon Cut the Gold Link / Commodities / Gold and Silver 2011
The monetary system that dates back to August 1971 shares one vital trait with its predecessor...
"LET ME lay to rest the bugaboo of what is called devaluation," Richard Nixon told his fellow Americans on August 15 1971.
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Wednesday, July 27, 2011
Is Morgan Stanley Bearish on Gold and Silver? / Commodities / Gold and Silver 2011
The market continues to wait on a debt ceiling outcome as the August 2nd deadline nears. The Dow (NYSE:DIA) closed lower on Tuesday, while oil (NYSE:USO) and precious metals (NYSE:DBP) climbed higher. Commodities (NYSE:RJI) in general received a strong boost from a declining U.S. Dollar (NYSE:UUP). Gold (NYSE:GLD) and silver (NYSE:SLV) in particular are looking strong as paper currencies and investments remain in question. Furthermore, a major bank has raised average target prices for both gold and silver.
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Wednesday, July 27, 2011
Gold Breaches $1625, U.S. Credit Ratings Downgrade Now Almost Certain / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices hit a new intraday record high of $1625 an ounce in Wednesday's Asian trade – a 1.5% gain on Friday's close – before easing back slightly after London opened.
Stocks and commodities were down but US Treasury bonds rose, as the US Congress had to postpone a vote on the $14.3 trillion debt ceiling.
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Wednesday, July 27, 2011
Gold New Record Nominal Highs ($1,625.70) as CDS Traders Start Positioning for U.S. Downgrades / Commodities / Gold and Silver 2011
Gold is trading at USD 1,620.40, EUR 1,120.50 and GBP 989.08 and CHF 1,298.50 per ounce. Both the dollar and the euro are under pressure again today and gold has reached another new record nominal high of $1,625.70/oz in early European trading.
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Wednesday, July 27, 2011
Peak Oil Has Passed / Commodities / Crude Oil
Self-professed contrarian and 321Energy Founder Bob Moriarty expects energy and food prices to follow oil on an upward trajectory, fueling more and more turmoil, unrest and violence around the planet, including the Western world. Read on for more insights in this exclusive interview with The Energy Report.
The Energy Report: The markets don't appear to have slowed for the typical summer doldrums this year. Instead, they seem to be returning to their pre-May highs, testing the 200-day moving averages. What do you think of this rally?
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Wednesday, July 27, 2011
Top Rare Earth Element Stock Picks / Commodities / Metals & Mining
As uncommon as they may be, rare earth elements are all around you—in your laptop, your cell phone and your flat-screen television. But despite their frequency in our everyday lives, investors still have a lot of false preconceptions about these 16 elements. In this exclusive interview with The Critical Metals Report, Luisa Moreno, a senior analyst with Toronto-based Jacob Securities, delves into the unique challenges rare earth miners encounter and how those can be opportunities for investors.
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Tuesday, July 26, 2011
The Need for a Real Domestic Alternative Energy Policy in the USA / Commodities / Crude Oil
Alternative energy (or renewable energy) is a new manufacturing industry paradigm that is in its infancy. However, the discussion is not new, and it looks as if the United States has positioned itself to be behind history on what can be a very promising industry for a stumbling economy. After the oil shortages in the 70's, government officials began discussing energy policy as a matter of national security, but this misses the point of a globally competitive economic world. It was too early then to begin thinking that China could out-invest the United States in order to produce an alternative energy manufacturing industry.Read full article... Read full article...
Tuesday, July 26, 2011
The World According to Gold – Literally / Commodities / Gold and Silver 2011
Every time I write a “World According to Gold” piece, gold is setting a new record, among a new crop of bubble-callers, and still the world hesitates to pile into gold for fear of getting burned. Many of those who have doubled or tripled their money have since died, retired, or simply kept on making money investing, succumbing to the addictive quality of wealth. The only other consistency with the new old record and another eponymous article, is that there is yet again more fiat capital in the system. But now, the rate at which capital fabrication is increasing is itself increasing. In other words, larger sums are required just to keep the international circle-jerk in motion.
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Tuesday, July 26, 2011
Will Crude Oil Reach $120 by December? / Commodities / Crude Oil
Although there have been numerous economic reports to derail oil (NYSE:USO), the black gold continues to hold firm. Last week, investors were reminded that the employment picture remains weak, as initial claims came in at 418k. Barclays Capital (NYSE:BCS) released a report that inflows into commodity markets fell sharply as the first half of 2011 ended.
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Tuesday, July 26, 2011
Gold Seen as Less Risky Currency, Return to Gold Standard Advocated in Print and Video / Commodities / Gold and Silver 2011
Gold is marginally lower in all currencies today (USD 1,611, EUR 1,113 and GBP 983 per ounce) but remains close to record nominal highs in major currencies on U.S. and Eurozone debt concerns. With the risk free rate of return of U.S. Treasuries (Treasury bills, Treasury notes and Treasury bonds) coming into question, gold is increasingly being seen by many as a less risky asset and as a less risky currency.
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Tuesday, July 26, 2011
Gold Dips, Obama Fears Deep Crisis, India's Inflation Panic / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices fell as London opened Tuesday, but held steady for the remainder of the morning around $1610 an ounce – 0.8% of yesterday's all-time high.
Silver bullion prices were also steady, trading around $40.40 an ounce – up 0.8% from Friday's close – while stocks and commodities rallied and US Treasury bonds fell following President Obama's televised debt ceiling appeal on Monday.
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Tuesday, July 26, 2011
Don't Miss the Chance to Profit from the Silver Price Rebound / Commodities / Gold and Silver 2011
Kerri Shannon writes: Anyone who thought the silver bull-run ended with the metal's recent price slip should think again, because there's a silver price rebound about to take off.
Silver prices dipped more than 20% in May after testing $50 an ounce, but Washington's lack of progress on the debt ceiling debate has rattled investors, sending them once again to the safe havens of gold and silver.
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Tuesday, July 26, 2011
No Gold Bubble / Commodities / Gold and Silver 2011
Laurentian Securities Analyst Éric Lemieux was headed out into the field a few days after this interview to check out the latest progress on some of his favorite exploration plays in the James Bay area of eastern Canada. In this exclusive interview with The Gold Report, he shared his latest insights on the gold market, and his current thinking on some of his favorite plays in the vast untapped areas of Quebec and Ontario now being opened up to expanded exploration efforts by both juniors and majors.
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Monday, July 25, 2011
Gold Stocks Historic Move Directly Ahead / Commodities / Gold & Silver Stocks
A variety of factors are lining up that lead us to believe we are on the cusp of a major move higher in the gold stocks. We feel we have been saying this for a while but the reality is we are moving closer and closer to that moment. The fundamentals couldn’t be more obvious and being in the 11th year of a bull market means the timing is ripe. We think you will find the facts and conclusions extracted from the technicals, sentiment, and valuations very compelling.
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Monday, July 25, 2011
Gold Breaks Through $1620 with 8 Days Left until US Debt Ceiling "Suicide" / Commodities / Gold and Silver 2011
THE DOLLAR gold price held steady around $1619 an ounce Monday morning London time – up 1.2% from Friday's close – just below its new all-time record of $1623 per ounce set at the start of the day's Asian trade.
Stock and commodity markets and longer-dated US Treasury bonds all fell after it became clear Washington is no closer to solving its debt ceiling stalemate.
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Monday, July 25, 2011
Gold Surges in Asian Trading to Record Nominal High on Washington Theatre and Dollar Debasement / Commodities / Gold and Silver 2011
Gold is trading at $1,617.75/oz, €1,126.49/oz and £993.46/oz.
Gold surged 1.4% ($23) from $1,600.90/oz to a new record nominal of $1,624.07/oz within an hour of the open in Asia. Gold reached new highs due to continuing uncertainty and theatre regarding the debt ceiling negotiations in Washington. Gold is higher in all currencies except the Swiss franc as the Swiss currency is also continuing to see flows.
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Monday, July 25, 2011
Fiat Currency Is The Bubble, Not Gold / Commodities / Gold and Silver 2011
There are countless reasons, which we've shown in our public and subscription-based writings over time, why gold is not in a bubble.
Aside from all the empirical data, however, probably the most obvious sign that gold is not in a bubble is the fact that the media and the government keep proclaiming it to be in a bubble. The media and the government never see bubbles coming.
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Sunday, July 24, 2011
Gold and Silver Price Will Continue to Rise / Commodities / Gold and Silver 2011
If there is an agreement reached by Congress and the debt ceiling is raised Gold and Silver will go up. If there is no agreement reached by Congress and there is a default, Gold and Silver will go up but in a parabolic move. Either way Gold and Silver will continue to rise as the U.S. and European economies continue to debase their currencies by the printing of fiat paper money to try and pay off their debt with paper that is of a lesser value. Indeed, the West has gone so far as to not even bother to print fiat money into paper but instead they have created new vehicles like gold and silver derivative products that are nothing more than digital bytes that are traded across international borders.
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Sunday, July 24, 2011
Gold Top May be Forming, Getting Too Darn Hot! / Commodities / Gold and Silver 2011
It looks like a top forming in gold. Caution ahead although the possible top is based upon very short term action so even if the top materializes it might not last long.
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Saturday, July 23, 2011
Counterfeit Gold Standards / Commodities / Gold and Silver 2011
There is abundant evidence that a well designed, well managed, gold standard is better adapted than a monetary standard managed at the discretion of elite civil servants to maintain price stability and strong economic growth. ~ Ralph Benko
Mr. Benko supports the creation of a government-designed, government-run, and government-enforced gold standard. I do not. This is because there is abundant evidence that such a gold standard always turns into the central-bank fiat money standard that Keynesian economists and monetarist economists insist is the only possible way to maintain long-term economic growth. Fiat money is dishonest money.
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