Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, July 13, 2011
Gold Lack of GLD Demand, Silver Supply Glut Unfolding / Commodities / Gold and Silver 2011
Coins always have to sides. We all are familiar with well-worn story of heads I win and tails you lose. Maybe this time the coin may be far more desirable. Perhaps it is now heads we win, tails the politicians lose. Maybe the markets are telling us that indeed the era of Keynesian socialism is now becoming part of history. Another chapter in the book of dead and failed economic and political ideologies may be in the process of being written.
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Wednesday, July 13, 2011
B.I.S. Gold/Currency Swaps and a Greek Drachma? / Commodities / Gold and Silver 2011
In the last year, according to the B.I.S.'s annual report Central banks have pulled 635 tonnes of gold from the Bank for International Settlements in the past year, the largest withdrawal in more than a decade. The move, disclosed in the BIS's annual report, marks a sharp reversal from the last year when central banks added to deposits of gold at the so-called "bank for central banks".
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Wednesday, July 13, 2011
Gold Hits New Dollar, Euro and Sterling Records, Fed Considering QE3 / Commodities / Gold and Silver 2011
PRICES to buy gold set a new record intraday high Wednesday lunchtime in London at $1577.73 per ounce – slightly above May's previous all-time high – having soared overnight after publication of Federal Reserve minutes hinted at a third round of quantitative easing.
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Wednesday, July 13, 2011
New Record Gold Highs in USD, GBP and EUR on Moody’s Ireland Debt Downgrade / Commodities / Gold and Silver 2011
Gold is trading at $1,572.35/oz, €1,116.17/oz and £985.49/oz.
Gold for immediate delivery rose to new record nominal highs of 987.58 British pounds and 1575.18 U.S. dollars in London this morning. New record nominal highs were seen for gold in euros (1,123.50 euros per ounce), pounds and dollars yesterday.
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Wednesday, July 13, 2011
Don't Fall for the Gold Stock Death Cross / Commodities / Gold & Silver Stocks
Recent trader 'chatter', to use the US Government term, has indicated that some people have become concerned with the "death cross" appearing in major gold stock indices like the Gold Bugs Index (AMEX:HUI). A death cross is denoted when a short term moving average (50 day) crosses over a long term moving average (200 day).
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Wednesday, July 13, 2011
The Real Rare Earth Elements Demand Investment Opportunity / Commodities / Metals & Mining
Finding experienced teams could be elusive in the rush to capitalize on growing demand for heavy rare earth elements. Energy and Scarcity and Outstanding Investments Editor Byron King unearths companies that can deliver the goods along with shareholder value in this exclusive interview with The Critical Metals Report.
The Critical Metals Report: In late June, Takashi Yamanouchi, president of Mazda Motor Corp., said as much as 90% of the world's car engines, including hybrids, will still be gas powered in 20 years. What does that prediction do to the investment thesis that electric vehicles (EVs) will drive the development of rare earth element (REE) deposits? Read full article... Read full article...
Tuesday, July 12, 2011
New Upleg for Crude Oil? / Commodities / Crude Oil
My hourly pattern work in nearby NYMEX crude oil futures indicates that the structure of the decline from the July 7 high at 99.42 into this morning's low at 93.55 exhibits a completed corrective leg. If accurate this also means that oil has initiated a new upleg within a larger recovery rally period off of the June 27 low at 89.61 that projects above 99.42 into the 101-103 target zone.
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Tuesday, July 12, 2011
Gold Dreamtime, The Euro And Other New Moneys / Commodities / Gold and Silver 2011
Once upon a time there was the Eurozone and its all-new hard money, the euro. It got off to a good start with a monstruously high forced surrender cash-in rate for the national moneys it replaced: depending on country, around 15 to 25 percent above the euro's real worth. This yielded several years in the early 2000's when it wasn't even necessary to doctor the official inflation numbers, but through a penchant for old ways and traditions, national economic agencies, the European Commission, the ECB and other rightly named players kept on doing it. This made sure the economic data was absolutely fake, an important aid to launching a now-floundering cuckoo money.
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Tuesday, July 12, 2011
Gold Drifts Lower, Stock Markets Nosedive as Crisis Spreads to Italy / Commodities / Gold and Silver 2011
DOLLAR gold prices fell to around $1543 an ounce Tuesday morning London time – just below where they ended last week – while stocks and commodities took a beating as concerns grew over Italian sovereign debt.Silver prices also dropped, falliing below $35 per ounce – 4.6% down for the week so far.
Tuesday, July 12, 2011
Academic Proof that Gold is an Important Diversification Against Inflation and Deflation / Commodities / Gold and Silver 2011
Gold is trading at $1,543.94/oz, €1,108.99/oz and £976.81/oz.
Equities internationally and bonds in Greece, Ireland, Spain and Italy have fallen this morning while gold rose to new record nominal highs in euros and pounds (over EUR1,118/oz GBP980/oz respectively). The Italian 10 year rose above 6% for the first time and the Spanish 10 year yield rose to 6.12%. US stock futures are pointing to losses on the U.S. opening.
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Tuesday, July 12, 2011
Why the U.S. Should Return to the Gold Standard / Commodities / Gold and Silver 2011
David Zeiler writes: Should the U.S. return to the gold standard?
It's a question that has taken on new relevance during a time of soaring deficits and sky-high national debt. Many of the world's most successful governments, from ancient Rome to the British Empire, enjoyed centuries of economic stability by adhering to a gold standard. And some economists credit the period of prosperity at the end of the 19th century to a global gold standard.
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Tuesday, July 12, 2011
Gold and Silver Summer Trend Update / Commodities / Gold and Silver 2011
Historically the precious metals prices drift lower during the summer months, with a bottom in July, although sometimes not until August. At this time of year demand from India is less because the festivals are over and demand from jewelers is low because of summer holidays. Investment demand is also down because buyers are expecting a correction.
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Tuesday, July 12, 2011
Silver Poised for Powerful Rally / Commodities / Gold and Silver 2011
Opportunities abound in small- and mid-cap silver companies, according to Sprott Inc. Chairman Eric Sprott. In this exclusive interview with The Gold Report, Eric Sprott and Sprott Money Ltd. President Larisa Sprott say the fundamentals that drive the price of silver are as strong now as before the spring selloff—maybe even stronger—even though volatility is causing buyers to hold back a bit.
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Tuesday, July 12, 2011
Are Gold Stocks The Real Barbarous Relic? / Commodities / Gold & Silver Stocks
In 1924 John Maynard Keynes referred to the gold standard as a “barbarous relic”, but we think the new barbarous relic is using gold stocks as a trading or investment vehicle in an attempt to benefit from rising gold prices. This isn’t the 1970s. One can buy GLD call options from a laptop in bed or take a long position in gold futures with a few taps on a smart phone whilst in line at a coffee shop. The days of having to call a broker and hopefully buy some gold shares that will hopefully go up if the gold price goes up are over. There is no longer any need to take the risk that your gold stocks will not go up with gold.
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Tuesday, July 12, 2011
First Majestic Silver Corp: Another quarterly record of silver production / Commodities / Gold & Silver Stocks
We made our first purchase of First Majestic Silver Corporation (FR:TSX || AG:NYSE) on 9th Feb 2011 at $13.13 and decided to hold despite a rapid rise in the order of 92% gained within two months of purchase. As we can see from the above chart the stock price has eased along with the correction in silver prices.
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Tuesday, July 12, 2011
The Secret World of Gold and Silver Stock Warrants / Commodities / Gold and Silver 2011
I read article after article about investing in physical gold and silver, gold and silver ETFs and gold and silver mining company stocks but nary a one (other than those written by me) on the long-term warrants associated with a few of those companies. That is unfortunate because those who are in the know, and have taken advantage of the significant leverage warrants offer over any other precious metals investment alternatives, have done extremely well over the past 2 years - and they are positioned to achieve even greater returns on their dollars deployed as the gold bull continues its run. Let me take this opportunity to enlighten you on this unknown rewarding world of warrants.
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Monday, July 11, 2011
Gold in Excellent Position for Seasonal Breakout / Commodities / Gold and Silver 2011
Last week we wrote about Silver so this week we decided to provide an update on Gold. In looking at the price action and sentiment indicators we find that Gold is once again ripe for what is becoming an annual seasonal breakout. Gold has broken to a new all-time high in three of the past four years and presently, we are anticipating another breakout.
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Monday, July 11, 2011
Gold: Where-Oh-Where Did My Summer Sale Go? / Commodities / Gold and Silver 2011
Only twice since this bull market began has buying gold at its July low failed to pay by year's end. But in 2011...?
ASK ANY old lag in the gold market what to expect between now and September, and they'll point you to gold's seasonal shape – clearly seen in well over half the last 43 years of traded action.
Monday, July 11, 2011
Gold Surges to Nominal Euro and Sterling Records / Commodities / Gold and Silver 2011
Gold is trading at $1,553.11/oz, €1,104.47/oz and £973.00/oz.
Gold has risen to new record highs in pounds and euros as concerns about contagion in the eurozone and stagflation in the UK deepen. The euro has fallen sharply in international markets and is down 1.5% against gold so far this morning. European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis as concerns deepen over the sovereign debt crisis spreading to Spain and Italy.
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Monday, July 11, 2011
Gold Hits New Euro, Records on Eurozone Emergency Italy Unsustainable Debt Meeting / Commodities / Gold and Silver 2011
THE U.S. DOLLAR gold price climbed to $1550 per ounce just after midday in London – up 4.2% from the beginning of last week – while stocks and commodities plunged and US Treasury bonds rose after the president of the European Council called a crisis meeting to discuss Italy's sovereign debt.
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