Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, June 30, 2011
Gold and Silver Long Range Arc Points Upward / Commodities / Gold and Silver 2011
One of the functions of Gold Stock Trades is to help subscribers separate the daily chaff from the long term view of the economic grain. The markets will do what they have always done, which is to confuse, misdirect and obfuscate.
It is important for investors to stay on target and not be swayed by skewed media reports and questionable economic data, which often serve to mislead us as we go through the investment jungle.
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Thursday, June 30, 2011
Gold Holds Steady Whilst Train Wreck Greece Could Give Up on Cuts / Commodities / Gold and Silver 2011
THE U.S. DOLLAR gold price rose to $1512 an ounce Thursday morning London time – a 0.7% gain on the week so far – before falling back towards lunchtime, as stocks held flat and commodities fell ahead of the second Greek austerity vote.
Gold prices in Euros meantime climbed to €33,596 per kilogram (€1045 per ounce) – but still 1.3% down on the week – as the single currency hit a near-three-week high of $1.45.
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Thursday, June 30, 2011
Gold Watches the Greek Tragedy that Is the Euro / Commodities / Gold and Silver 2011
The risk trade is on again, gold holds steady and may even be about to falter. The European Union's Financial Cavalry have saved the world from the evil Greek mobs by lending more money yet again. ......... Don't believe a word of it!
The Greek crisis is endemic of a system in deep crisis. The European project is ill-equipped politically or financially to manage the creeping doubt that has slowly and inevitably eroded investor confidence the world over. The gnarling mob may have been beaten back this time, but when the full effects of further austerity measures are thrust upon them, what then?
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Thursday, June 30, 2011
Why Silver Could Drop Below $30 / Commodities / Gold and Silver 2011
A close look at where silver is currently positioned at this stage of its developing long-term bubble, and what can be expected short-term in its price using Bump-and-Run and Dead-cat Bounce pattern analyses, suggests that silver is on its way to returning to its long-term mean.
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Thursday, June 30, 2011
Faulty Markets, Is the Silver ETF Bleeding to Save the COMEX? / Commodities / Gold and Silver 2011
The iShares Silver Trust (SLV) has seen a precipitous decline in the amount of silver it reports in its trust, even as the price of silver remains mostly flat in post-frenzy trading. If SLV really does own the silver that it reports on its balance sheet, investors should be left to wonder if the SLV isn’t doing the bidding of the COMEX, which has reported falling supplies amidst larger requests from purchasers.
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Thursday, June 30, 2011
Amidst OPEC Drama, Solar is to Silver What Ethanol Is to Corn / Commodities / Gold and Silver 2011
The state of global affairs has never been in such disarray. Major governments are going bankrupt, inflation is running rampant in a majority of the countries that line the planet, and relationships between nations have never been so heated.
This past week, the Obama Administration took a direct shot at OPEC, leading the charge in a release of emergency oil reserves intended to keep prices low against falling supplies. OPEC failed to increase oil production, and one holdout, Iran, turned the event into political drama. Now some are wondering if the administration’s move may threaten the relationship between the United States and Saudi Arabia.
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Thursday, June 30, 2011
America’s Oil Supply: The Keystone for Survival / Commodities / Crude Oil
Marin Katusa, Casey Energy Report writes: A rancorous debate over TransCanada Corp.’s (T.TRP) proposed Keystone XL Pipeline has given rise to two uncomfortable prospects: If the US$7 billion project is not built, Alberta’s oil sands will become landlocked, at least for a while, and the United States will lose access to one of its few reliable, friendly sources of oil.
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Thursday, June 30, 2011
Will Gold Benefit from the European Debt Crises? / Commodities / Gold and Silver 2011
In this exclusive interview with The Gold Report, Doug Groh, senior analyst with Tocqueville Asset Management, likens the gold price to a mirror that reflects peoples' concerns about global economic and political events. And he likes what he sees in the long-term prospects for gold equities.
The Gold Report: The situations in Greece, Ireland, Spain and Portugal are proving the unsustainability of deficit financing and are effectively killing the euro as a safe haven currency. As these worries escalate, have you seen more money come into your fund?Read full article... Read full article...
Thursday, June 30, 2011
Peru Gold / Commodities / Gold and Silver 2011
I have frequently commented that 'country, and in some cases state-specific and province-specific, political and economic risk' profiles are critically important when researching and assessing risk in the context of investing in mining and oil & gas companies - or for that matter, any company irrespective of business sector. I wrote the following in Valuation of Mining Companies (page 13):
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Wednesday, June 29, 2011
Gold and Silver Ownership and Prices Will Not be Affected by Dodd-Frank Legislation / Commodities / Gold and Silver 2011
Gold is trading at $1,507.70/oz, €1,044.69/oz and £941.54/oz.
Gold is higher again today as the Greek debt crisis and continuing strong demand from Asia continues to support prices.
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Wednesday, June 29, 2011
Gold and Silver Rise as Greek Politicians Choose Between Austerity or Dignity / Commodities / Gold and Silver 2011
THE PRICE to buy gold rose to $1510 an ounce Wednesday morning London time – a 0.5% gain on the week – while stocks and commodities also gained and US Treasury bonds fell ahead of the Greek austerity vote.
The price to buy silver climbed too, hitting $34.49 an ounce – also 0.5% up for the week.
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Wednesday, June 29, 2011
Which Index is the Best Gold Stock to Use: the HUI, XAU or the GDX? / Commodities / Gold & Silver Stocks
The number, market cap and currencies of the constituents of the HUI, XAU, GDX, XGD and CDNX indices differ considerably from each other and, as such, each index presents a different picture of what is really happening in the precious metals marketplace. This article analyzes the make-up of each index to reveal the biases of each to arrive at the answer to the question in the title.
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Wednesday, June 29, 2011
Trading Gold and Its Eurozone Crisis Premium / Commodities / Gold and Silver 2011
Recently gold challenged it’s all time highs, being propelled largely by renewed concerns over the Greek debt crisis and the possible ramifications a default could have on global financial markets. Whilst fears of a possible default in Greece are supportive of gold prices in the short term, it is important to understand that such pressures are largely temporary in nature and they do not significantly change the underlying market dynamics in the longer term. We feel the best way to describe this is by way of visualizing that there is a premium built into the gold price that varies with regard to how prevalent fears over the Eurozone crisis are. Just to clarify, we are considering the effect that fluctuations in fears over the Greek situation have on the gold price, not the effect that an actual default would have on the price. When fears escalate, the gold price increases and when fears subside, then so does the gold price. It does not necessarily significantly alter the overall direction of gold prices over the longer term.Read full article... Read full article...
Wednesday, June 29, 2011
The Great Gold Nugget Scam / Commodities / Gold and Silver 2011
Doug Hornig, Casey Research writes: You know an asset class is hot when the scam artists start coming out of the woodwork. Such was the case during the real estate bubble of this century’s first decade, as those selling mortgages packaged them in ever more complex vehicles, many of which are now known to have been utterly fraudulent.
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Wednesday, June 29, 2011
Meeting the Critical Metals Demand / Commodities / Metals & Mining
Is there a clear path to meeting growing global critical metals demand? An important first step, according to Laurentian Bank Securities' Technology and Strategic Metals Analyst Jim Powell, would be to establish supply sources that aren't concentrated in a single country—particularly one that isn't inclined to share its resources with the rest of the world. In this exclusive interview with The Critical Metals Report, Jim points out some potential plays to look for while the landscape is changing.
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Wednesday, June 29, 2011
Which Stocks Will Win Race to Feed a Power-Hungry World? / Commodities / Energy Resources
Uranium and potash prices seem to be inversely correlated lately: As potash prices reach their highest levels, uranium prices have suffered. But Richard (Rick) Mills, host of Ahead of the Herd online and editor of the Ahead of the Herd newsletter, believes the prospects for both industries are bright. In this exclusive interview with The Energy Report, Rick explains why the U.S.' commitment to nuclear power and even biofuels is helping to propel both markets.
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Tuesday, June 28, 2011
Gold, the Internet and Creating Imaginary Money / Commodities / Gold and Silver 2011
One has to love today's technology. Where else can we get so much mail from people whom we do not want to get mail? Never has porn been delivered in such high quality. But, the good news does not stop there. While creating social networks for people with lives in which no one is interested and providing the capability for old people to twitter among themselves, the internet is now providing an important government function, imaginary money.
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Tuesday, June 28, 2011
Gold Rebounds, Dollar Looks Strong Despite Debt Ceiling Deadlock / Commodities / Gold and Silver 2011
U.S. DOLLAR prices for gold bullion rallied Tuesday morning London time, hitting $1503 an ounce – just above last Friday's closing price – as stocks were mixed and commodities and US Treasury bonds gained after President Obama held meetings on the debt ceiling.Read full article... Read full article...
Tuesday, June 28, 2011
Gold Trading at $1500, BOE’s Posen Says Stagflation Unlikely in UK / Commodities / Gold and Silver 2011
Gold is trading at $1,501.60/oz, €1,052.35/oz and £941.09/oz.
Gold is marginally higher in all currencies and 0.7% higher in sterling after a downward revision of UK GDP from 1.8% to 1.6% growth saw sterling decline. Stagflation appears to be taking hold in the UK with soaring food and energy costs eroding household incomes and economic growth continuing to decline.
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Tuesday, June 28, 2011
Strategic Crude Oil Release Will Not Hurt Clean Energy Progress / Commodities / Crude Oil
The recent release of 60 million barrels of oil (OIL) will artificially lower the price. High oil prices has been the best catalyst for clean energy production and fuel efficient vehicles. Increasing the supply of oil may be pushing down the demand for rare earths(REMX), uranium(URA) and lithium(LIT) only short term. This decline in oil prices should not drastically hurt the development of rare earth assets outside China.
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