Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, July 22, 2011
Gold and Silver Psychological Barrier Reached, Where Precious Metals Sector Headed Next? / Commodities / Gold and Silver 2011
Being technical analysts is one of our professions, so it is quite rarely when we feel any emotions regarding the market regardless if we’re making substantial gains or if we’re on the losing side. But, off the record, we will admit to a slight twinge of a thrill when gold broke the psychological barrier of $1,600 an ounce this Monday.
Read full article... Read full article...
Friday, July 22, 2011
Gold and the Sovereign Debt Crisis / Commodities / Gold and Silver 2011
This past week the person, who calls himself President again engaged in extortion by threatening to shut down the government, default on bonds and deprive Americans of their Social Security and Medicare. We all know that is not going to happen unless the illegal alien wants to start a revolution. He can cut costs anytime he wants, but he is more interested in terrorizing the old and the infirm, so he can continue his wild spending. That is what his handlers have told him to do and that is what he will do. Social Security is not an entitlement, because we paid for it and it belongs to us. If politicians have stolen the funds, or these politicians cannot replace the borrowed funds, then the government should issue bonds and have the Fed purchase them, just as they have to bail out the financial sector not only on Wall Street, but also all over Europe. In addition, he might contemplate cutting spending.
Read full article... Read full article...
Friday, July 22, 2011
Investing in Gold and Silver: This Metal Miner Doubled Profits! / Commodities / Gold and Silver 2011
Copper (NYSE:JJC) decreased the most in four weeks, as poor economic data released on Thursday worried investors. Although the Chinese manufacturing report isn’t due till August 1st, preliminary data showed that Chinese manufacturing slid to a 28-month low. An analyst from UBS in London describes that situation, ” China has been struggling with tight credit for some time. We’ve also got Europe deteriorating and slowing demand in the West, as well as in other emerging markets.”
Read full article... Read full article...
Friday, July 22, 2011
EU Debt Restructuring Leads to Bailout Euphoria / Silver to Double to $100 / Commodities / Gold and Silver 2011
Bailout euphoria has returned to markets with Asian and European stock indices rising on renewed risk appetite.
Gold has recovered from yesterday’s slight sell off (0.6% in USD) and the firm gold price in all currencies suggests that market euphoria is again misplaced. Gold is down only 20 euros per ounce in the last 24 hours. Gold is trading at USD 1,596.10, EUR 1,108.1, GBP 978.50 and CHF 1,310.10 per ounce.
Read full article... Read full article...
Friday, July 22, 2011
Gold and Silver Rise as "Default-Event" Greek Rescue "Only Delays the Reckoning" / Commodities / Gold and Silver 2011
WHOLESALE PRICES to buy gold rose to $1597 per ounce Friday morning in London – some 0.7% below Tuesday's new record high – as global stock markets, commodities and US Treasury bonds all rose following last night's announcement of a new rescue deal for Greece.
Silver bullion prices also rose, hitting $39.76 per ounce and heading for a 1.2% weekly gain.
Friday, July 22, 2011
Why China's New Futures Market is Bullish for Long-Term Silver Prices / Commodities / Gold and Silver 2011
Keith Fitz-Gerald writes: If you're still bearish on long-term silver prices, you'd better reconsider your stance.
Dollar-denominated Chinese silver futures were scheduled to begin trading on the Hong Kong Mercantile Exchange early today (Friday). This development will grant Asian investors direct access to the metal, and will blunt the U.S. dominance in silver-bullion trading.
Read full article... Read full article...
Friday, July 22, 2011
Crude Oil Outlook Remains Strong, 2011 Halftime Report / Commodities / Crude Oil
This year has been eventful for the oil patch. Natural disasters, revolutions, terrorist attacks and political maneuvering kept oil bouncing around $100 per barrel and 3.8 percent higher on the year at the end of June. Despite the volatility and large number of external forces affecting oil prices, the International Energy Agency (IEA) said in its most recent Oil Market Report that “the bull run evident since autumn 2010 therefore looks in large part to be justified by supply and demand fundamentals.”
Read full article... Read full article...
Friday, July 22, 2011
Uranium and Lithium Demand Powers Stocks / Commodities / Uranium
Mining Analyst David A. Talbot remains bullish on uranium and sees growing demand for lithium. In this exclusive interview with The Energy Report, he tells us why he believes the nuclear plant building boom will continue worldwide despite the recent setback in Japan. He has positive expectations for select stocks in both arenas.
The Energy Report: Thank you for joining us today David. You last spoke with The Energy Report in late January about the uranium market and the nuclear industry. Two months later we had Fukushima. What is your analysis of the current state of affairs with nuclear and uranium?
Read full article... Read full article...
Thursday, July 21, 2011
Gold, Silver and Midsummer Madness as Fed Prepares for US Debt Default / Commodities / Gold and Silver 2011
"Why, this is very midsummer madness.” - William Shakespeare, Twelfth Night, 3.4.55Read full article... Read full article...
"We are developing processes and procedures by which the Treasury communicates to us what we are going to do," Plosser said, adding that the task was manageable. "How the Fed is going to go about clearing government checks. Which ones are going to be good? Which ones are not going to be good?"
Thursday, July 21, 2011
Gold “Fever” in Asia and Central Bank Demand Could Cause an “Earthquake” in the Gold Market / Commodities / Gold and Silver 2011
Gold is trading at $1,599.41/oz, €1,127.77/oz and £989.06/oz.
Gold is mixed against various currencies today but is higher in euros after the euro has fallen on concerns that European leaders gathering for the summit in Brussels may not be able to resolve the Eurozone’s debt crisis and prevent contagion in the financial system.
Read full article... Read full article...
Thursday, July 21, 2011
Gold at $1600 as Fed Plans for US debt Default and "Euro Gravediggers" Meet in Brussels / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices hovered around $1600 an ounce Thursday morning London time – 0.6% off Tuesday's all-time high – as stocks and commodities dropped ahead of the European Union's latest emergency summit on Greece.
Silver prices traded in a tight range around $39.90 per ounce – 1.6% up for the week so far.
Read full article... Read full article...
Thursday, July 21, 2011
Gold and Silver Bull Market 'Topped'? / Commodities / Gold and Silver 2011
With the silver price riveted to the gold price, what happens to gold, applies to silver.
Many believe we are at the point where the rising gold market has entered a 'bubble' and is losing momentum just ahead of the 'bear' phase. With record prices of $1,610 and €1,136 seen in the midst of debt crises on both sides of the Atlantic, things surely must get better and gold and silver prices must fall...
Read full article... Read full article...
Thursday, July 21, 2011
Copper Gains are Government Sponsored / Commodities / Metals & Mining
China steals the show when it comes to commodities. Large public works projects, particularly in developing key infrastructure and housing projects, buoy commodity prices. Increases in demand are naturally bullish for inelastic necessities like copper, which has only strengthened as spending from Beijing keeps China’s GDP on the up and up.
Read full article... Read full article...
Thursday, July 21, 2011
Gold and Silver Price Manipulation, COMEX has Everything to Fear / Commodities / Gold and Silver 2011
I have been writing for some time that I could not get my hands around the silver trade. I had a feeling when the market went up 202 points on Tuesday that gold and silver would sell off into a healthy pullback and they both did. Today I was very surprised to see gold and silver put in very strong showings and was totally confused by this. AS I wrote yesterday I expected them to continue to sell off to about $35.00 in SLV and $141.50 in GLD. They did not act as scripted. What was I missing?
Read full article... Read full article...
Wednesday, July 20, 2011
Gold vs Debt, The Hidden Link Explained / Commodities / Gold and Silver 2011
How the US and Euro debt crises are making the gold price rise...
EUROPE & WASHINGTON'S debt ceiling squabble has seen the gold price breach $1600 per ounce and €36,500 per kilo.
Read full article... Read full article...
Wednesday, July 20, 2011
Gold in a Deflationary Economic Period / Commodities / Gold and Silver 2011
I suggest you read and think about what is said in a recent article: 'How gold performs in deflation' - reading time 4 minutes - thinking time longer. On its face, the article suggests that physical gold benefits in periods of both hyper-inflation and hyper-deflation, and when reaching that conclusion implies (at least as I read the article) that the price of physical gold is likely to rise under either scenario.
Read full article... Read full article...
Wednesday, July 20, 2011
Tale Of Two Countries: Two Divergent Nuclear Paths / Commodities / Uranium
Gold Stock Trades has been observing with great interest the divergent paths in nuclear policy (NLR) being taken right now by two major sovereign nations, France (EWQ) under Sarkozy and Germany (EWG) led by Merkel.
These neighboring countries share little more than a common border. They are embarking upon two polar opposite philosophies regarding nuclear development.
Read full article... Read full article...
Wednesday, July 20, 2011
Crowd Behavior Moves Gold, Silver and the SP 500…not the news! / Commodities / Gold and Silver 2011
How many times have you scratched your trading head wondering why gold or silver were either rallying hard or dropping hard on seemingly bearish or bullish news? How about the general stock market represented by the SP500 Index? Has it ever rallied when the headlines were horrible or tanked when the news seemed good? Well, welcome to crowd behavioral dynamics and investing!
Read full article... Read full article...
Wednesday, July 20, 2011
Agri-Foods Price Consolidation Fuel for the Next Rally / Commodities / Agricultural Commodities
Primary difference between a correction and a consolidation is the depth of the downward price movement. Consolidations are milder, though that might require a longer time period. In both though, an important regenerative process takes place. The fuel for the next rally is accumulated, and thinking is refreshed. In short, both should be welcomed, and their conclusion anticipated.
Read full article... Read full article...
Wednesday, July 20, 2011
Silver Today vs 2008, Does it Look Familiar? / Commodities / Gold and Silver 2011
At the end of April 2011, we warned for the end of the Parabolic rise in Silver prices.
We compared the move in silver prices with 2004, 2006 and 2008. Click HERE to read an example.