Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, July 18, 2011
An Epic Energy Crunch, Global Crude Oil Demand Exceeds Production / Commodities / Crude Oil
By: Puru_Saxena
The majority of the world’s developed economies are growing at a sluggish pace, yet the price of NYMEX crude is trading around US$100 per barrel. Interestingly, the price of Brent Crude (the price most nations pay) is even higher!
You may recall that during the last oil spike in 2008, world governments blamed those wily speculators. Therefore, in order to diminish speculation, the authorities banned leveraged ‘long’ oil exchange traded funds.
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Monday, July 18, 2011
Exploding Government Debt to Send Gold to $3000, Silver to $300 / Commodities / Gold and Silver 2011
By: George_Maniere
For those of you that have not read my writing I will save you the suspense and tell you here and now that I have been I gold and silver bug since I was 8 years old. I'm now 58. As far as I know I was the only kid I know that wanted either a St. Gauden's Gold Double Eagle or an 1885 Carson City PCGS MS 67 Morgan Dollar for my birthday. Back then it was a hobby. Now it is very serious business.
Sunday, July 17, 2011
Gold Rally Negates Bearish Head and Shoulders Price Pattern / Commodities / Gold and Silver 2011
By: Merv_Burak
Gold shot up during the week nullifying the previous (weird) head and shoulder pattern and moved into new highs. All speculative time periods are showing positive trends. What else is there to say, but I guess I’ll have to find something.
Sunday, July 17, 2011
How Gold Performs During Deflation / Commodities / Gold and Silver 2011
By: Clif_Droke
Despite the undue attention that has been paid to the chimera of inflation
this year, it should be clear by now that deflation is the far greater
structural problem. One clue that deflation, not inflation, is the main
issue can be seen in the biggest form of savings and investment among the
U.S. middle class, namely real estate. Read full article... Read full article...
Saturday, July 16, 2011
PALLADIUM May Again Become The Most Precious Metal / Commodities / Palladium
By: I_M_Vronsky
(In 2001 palladium reached $1,080/oz when gold was only $300/oz and platinum $715)
Saturday, July 16, 2011
Nevada’s Massive Mountain Of Molybdenum Makes Milestone / Commodities / Molybdenum
By: Jeb_Handwerger
I introduced General Moly to my subscribers in May of 2009. At that time, the permitting process was not paramount, financing was the critical consideration as we were still emerging from the depths of the mining sector crash during the 2008 credit crisis. At the same time, China (FXI) was embarking on a search for potential mining acquisitions in the West. It was inevitable that a plum such as General Moly (GMO) would catch Beijing’s eyes.
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Saturday, July 16, 2011
Gold $1,600 in Reach / Commodities / Gold and Silver 2011
By: The_Gold_Report
Gold is once again hitting new highs, closing at $1,589/oz. on July 14. In this exclusive interview with The Gold Report, Dr. Michael Berry, principal of discoveryinvesting.com and editor of Morning Notes, predicts $1,700 gold by year end and points to the juniors that could bask in the enhanced glow of all the metals, including copper and zinc.
Friday, July 15, 2011
China Gets Picky on Energy and Metal Resources Buying Prices / Commodities / Metals & Mining
By: Marin_Katusa
Marin Katusa, Casey Research Energy Team writes: It turns out that China is not willing to pay whatever it has to for energy and metal resources.
Several resource deals have faltered in recent months, indicating an increasingly choosy Chinese perspective on energy and metal acquisitions. Add to that the growing concern that the global economy is once again stumbling and that commodity prices may be near a top, and you have a Chinese deal-making market that has gone from 60 to zero in no time.
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Friday, July 15, 2011
Bullish Copper Technicals / Commodities / Metals & Mining
By: Zeal_LLC
Copper is growing increasingly popular among speculators, who are catapulting this unassuming base metal up into the rarified ranks of market-darling commodities. Neither precious like gold, nor immediately consumed like oil, copper’s price action is quite unique. And despite some risky headwinds remaining, its technicals are once again turning bullish today.
Friday, July 15, 2011
Crucial Gold and Silver Showdown Opportunities / Commodities / Gold and Silver 2011
By: DeepCaster_LLC
Now that Gold has broken out to its all-time nominal high, we have a Showdown with Great Opportunities enabled by, but at the same time threatened by, Great Challenges. Consider:
“On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got the money, which went straight into the reserve accounts of banks, where it still sits today. Worse, it went into the reserve accounts of FOREIGN banks, on which the Federal Reserve is now paying 0.25% interest.
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Friday, July 15, 2011
Gold and Silver Mining Stocks Stop as General Stock Market Falls / Commodities / Gold & Silver Stocks
By: Przemyslaw_Radomski
Gold surged to a new record on Wednesday, propelled by the possibility of a third round of quantitative easing in the US. Already rallying hard on the back of fiscal concerns in the Eurozone, gold jumped to within reach of $1,600 an ounce after Fed Chairman Ben Bernanke said the central bank could take further steps to prop up the US economy if needed (read that as QE3). Gold rose as much as 1.4 per cent on Wednesday to touch a new peak of $1,587.46 an ounce. That surpassed the previous peak of $1,575, reached on May 2. Looking back we see that gold rallied about $270 an ounce between Bernanke’s first mention in August of last year of a second round of quantitative easing – or “QE2” – and the end of the program in June.
Friday, July 15, 2011
Global Gold Reserves Update / Commodities / Gold and Silver 2011
By: Jesse
These are the offically reported reserves of the countries as of the end of June according to the World Gold Council.
It should be noted that these do not include any private holdings, which may be quite significant especially in certain countries like India and the Middle East.
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Friday, July 15, 2011
Gold Rallies on 50-50 Chance US will Lose Triple-A Credit Rating Status / Commodities / Gold and Silver 2011
By: Ben_Traynor
DOLLAR gold prices rose to $1583 per ounce Friday morning London time – having dropped back in Asian trade following all-time highs – while stocks and commodities were flat and US Treasury bonds edged up in spite of warnings the US could lose its AAA status.
Going into the weekend, gold prices looked set to post a 2.5% weekly gain.
Friday, July 15, 2011
Gold and Silver Could Go Parabolic Due to Global Shockwaves if U.S. Defaults / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,580.40/oz, €1,117.36/oz, £980.76/oz.
Gold is some 0.5% lower against the U.S. dollar and most currencies today but higher in Australian dollars as the Aussie fell on Australian and global economic growth concerns. Asian equity indices were mixed as are European indices.
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Friday, July 15, 2011
Crude Oil Price Uncertainties / Commodities / Crude Oil
By: Seven_Days_Ahead
The Euro zone sovereign debt crisis had barely been quietened by Greece agreeing to the austerity terms of her second financial rescue, when traders turned their attention to the public finances of Italy.
Friday, July 15, 2011
Sugar Price Surge Nears Resistance / Commodities / Agricultural Commodities
By: Seven_Days_Ahead
After peaking in early Feb the drop back in Sugar 11 found a low in May, from whence a recovery got underway. This has made a new high on the front month chart, but certain resistance levels are now not far off.
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Friday, July 15, 2011
While Congress Bickers Gold GLD ETF Remains a Profitable Trade / Commodities / Gold and Silver 2011
By: George_Maniere
Yesterday morning Dr. Bernanke met with members of Congress again. Yesterday I think Congress heard not what they wanted to hear but instead they heard what Dr. Bernanke actually said. I listened to him on Wednesday and I listened to him yesterday. He sang the same song on both days. He once again emphasized that overzealous cuts to government spending in the short term could derail an already fragile recovery.
Friday, July 15, 2011
Critical Minerals and Materials Strategy / Commodities / Metals & Mining
By: Richard_Mills
In this article I am going to take a look at three reports covering what the US and Europe consider critical or strategic minerals and materials.
In its first Critical Materials Strategy, the U.S. Department of Energy (DOE) focused on materials used in four clean energy technologies:
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Friday, July 15, 2011
Smart Silver Buying on eBay / Commodities / Gold and Silver 2011
By: Dr_Jeff_Lewis
Silver accumulators have to start somewhere. Ten years ago, a silver buyer might have used his landline phone to call a small coin shop for a quote on silver bullion. If the buyer were lucky, he or she might have access to a wholesaler, who could sell them small amounts of bullion with minimal markup. Today, the silver buyers are going straight to eBay, but the online auction site can be both a blessing and a curse.
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Friday, July 15, 2011
Silver Breaks Out of Basing Pattern, Starts Next Major Uptrend / Commodities / Gold and Silver 2011
By: Clive_Maund
Yesterday's high volume breakout above its 50-day moving average marked completion of the intermediate basing pattern and the start of the next major uptrend in silver. Everything in now in place for a substantial uptrend to develop in coming months that should take silver comfortably to new highs. Fundamentally yesterday's breakout was due to the realization in the markets that QE is set to continue, whether called QE or not, and in fact it must continue, as any attempt to apply the brakes at this late stage would result in a global systemic economic collapse.