Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, June 27, 2011
Debunking Some Gold Bug Forecasts / Commodities / Gold and Silver 2011
I must confess I am a gold bug both philosophically and in terms of investing. We are entering a golden age for Gold as the bull market is destined to reach amazing heights and real and honest money reemerges as legal tender against fiat currencies that will soon be at the mercy of a sovereign debt crisis. All this being said, I take issue with some headlines listed here in friend Gary’s blog and some gold bug talking points. I’m listing some of these headlines and talking points and then my response.Read full article... Read full article...
Monday, June 27, 2011
Poorly-Timed SPR Oil Release Could Cost U.S. Taxpayers $1.5 Billion / Commodities / Gold and Silver 2011
World crude oil market has been rocked by the surprise announcement of the International Energy Agency (IEA) to release 60 million barrels of oil from member countries’ strategic petroleum reserves (SPR). The US led the effort by chipping in 50% of the planned release, while Japan, Germany, France, Spain and Italy are providing most of the rest.
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Sunday, June 26, 2011
Gold Damaged by Heavy Volume Selling / Commodities / Gold and Silver 2011
The week started encouragingly but along came Thursday and Friday and that was it. The two day decline was with increasing volume action, which is significant. Expect a recovery soon but not a full recovery. Too much damage done by the past couple of days.
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Sunday, June 26, 2011
Silver Looks Like Dipping Below $30 / Commodities / Gold and Silver 2011
As Stockcharts no longer see fit to run usable charts for silver and various other commodities - line charts are only suitable for schoolkids or journalists doing projects on the markets, not for serious analysis - we are going to use the chart for iShares Silver Trust (SLV) as a stand in for silver. It is a very accurate proxy, and should continue to be, unless of course, the markets were suddenly to discover that they don't have the silver in their vaults that they say they have.
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Sunday, June 26, 2011
Collapse Of The Nuclear Empire, Double Or Quits For Nuclear Business / Commodities / Nuclear Power
LEAD IN ITS WINGS
Unlike the Chernobyl catastrophe of 1986 which was easy to shrug off as a faraway Soviet disaster with only "minor fallout impacts", by political deciders and government-friendly media in the most extremely nuclear-committed Western democracies, especially France, the March 2011 Fukushima disaster is a paradigm changer. Germany and Switzerland now have official plans to exit and abandon nuclear power within 10 years; Italy voted 95 percent against a restart of its nuclear programme, already abandoned by a previous national referendum in 1987. Japanese opinion polls presently show that as many as 75 percent of Japanese want to exit nuclear power.
Saturday, June 25, 2011
Playing Cat and Mouse with Global Oil / Commodities / Crude Oil
Oil markets took another dose of global geopolitics this week when the International Energy Agency (IEA) unexpectedly announced that it would be releasing 60 million barrels of oil from strategic petroleum reserves (SPR) around the globe. Thursday’s surprise announcement gave oil prices a 4.5 percent hair cut and oil prices closed Friday at $91.25, down 20 percent from their April 29 peak.
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Saturday, June 25, 2011
Pick Gold and Silver Junior Mining Stocks with Proven Management / Commodities / Gold & Silver Stocks
Jeff Mosseri and Doug Loud, at Greystone Asset Management, LLC, are New York-based money managers with a nose for potential winners in the highly competitive junior resource business. In today's turbulent market, they are being more selective in their investment choices. In this exclusive interview with The Gold Report, they bring us up to date on their current picks for gold and silver plays they think have what it takes to produce some major gains.
The Gold Report: Since you last spoke with The Gold Report in September 2010, there's been a lot of economic and political upheaval. As money managers, what has this done to your thinking? Read full article... Read full article...
Saturday, June 25, 2011
Gold headed to $5000? / Commodities / Gold and Silver 2011
After writing an article about the Platinum-to-Gold ratio, I decided to do more with the excel sheet, like calculating correlations and plotting the price charts for example.
In this article, I will just focus on the Gold price.
Saturday, June 25, 2011
Gold and Silver Fibonacci and Delta Time Charts Analysis / Commodities / Gold and Silver 2011
Earlier this year there was much fanfare that Gold had closed out 2010 had higher levels than the previous year for 10 consecutive years and that this was the first time in history that any commodity had done this.
Without a doubt, it has been an exceptional performance, and whilst there have been plenty of reasons for its sustained performance to date, I believe that both the fundamentals and the chart are telling us that it is all about to change. On the fundamentals, interest rates have been on 100 year lows in order to prop up the failing banks from the 2008 crash.
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Friday, June 24, 2011
The Indian Gold Market / Commodities / Gold and Silver 2011
The Indian Gold market has reaffirmed its dominance in 2010 and will continue in 2011. Expect China to overtake the sub-continent in demand for gold. The love of gold in India goes far beyond a simple source of future profits. It is an expression of wealth, financial security and family stability. It also carries religious overtones.
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Friday, June 24, 2011
Strategic Petroleum Reserves the New Global QE? / Commodities / Crude Oil
In order to understand the SPR release of 60 million barrels, we must go back to the November G20 meeting when Asia/Latam Emerging Markets protested against the Fed's November launch of QE2, dubbing it as beggar-they-neighbour USD depreciation.
It was no surprise that Bernanke did not dare utter the words QE3 on Wednesday's press conference. Yet, there was no need to refer to further easing when the FOMC already downgraded its growth outlook for the 3rd successive meeting.
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Friday, June 24, 2011
Chinese Gold Sales to Surge Two Fold and Gold May ‘Rocket’ if Debt Crisis Spreads / Commodities / Gold and Silver 2011
Gold is lower again today after yesterday’s 2% fall in U.S. dollar terms. Gold’s fall in euros yesterday was mild due to euro weakness. Gold is marginally higher in euros today as the euro remains weak on continuing concerns about the Greek and Eurozone debt crisis.
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Friday, June 24, 2011
Gold Loses 1.3% for the Week, Chinese Demand for Gold to Get Stronger / Commodities / Gold and Silver 2011
THE SPOT PRICE to buy gold traded in a tight range around $1520 an ounce Friday morning London time – 0.5% above its one-month low – having fallen in Asian trading, while stocks gained after comments from China's premier that inflation in that country is under control.Spot oil prices dipped Thursday after the International Energy Agency said it will release 60 million barrels of oil from strategic reserves.
Friday, June 24, 2011
Gold Prices: Will Gold Equity Investors Reap Big Gains? / Commodities / Gold and Silver 2011
Frank E. Holmes writes: Gold prices passed the $1,500 per ounce mark for the first time ever in mid-April and, aside from a couple of short pullbacks in early May, have set up shop in the neighborhood of $1,525 to $1,550 an ounce (gold closed at $1,553.40 on Wednesday).
So far in 2011, it's been relatively status quo for those investors who've embraced gold as a way to protect themselves from currency debasement, excessive money printing and inflation as prices have increased 7.67%. Bank of America-Merrill Lynch (NYSE: BAC) analysts are forecasting gold prices could fall to $1,400 an ounce during seasonal weakness in July before rebounding as high as $1,650 an ounce by early fall.
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Friday, June 24, 2011
Coffee Commodity Market Bears at the Helm / Commodities / Coffee
The steady surge in Coffee started to falter earlier this year, and after a peak in early May the chart structure began to change. Recent weakness has confirmed a bearish outlook.
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Friday, June 24, 2011
Potash Producers Benefit from Fertilizer Demand / Commodities / Agricultural Commodities
Domestic demand for fertilizer is good news for small, U.S. potash producers. In this exclusive interview with The Energy Report, Weiss Research Natural Resources Analyst Sean Brodrick explains the international market forces behind agriculture-related stocks and points to the companies that could benefit in the long term.
Companies Mentioned: Intrepid Potash, Inc. Passport Potash Inc.
The Energy Report: I understand you're not really bullish on energy these days. Can you give me a brief synopsis as to why? Read full article... Read full article...
Friday, June 24, 2011
Get Ready for a Natural Gas Boom / Commodities / Natural Gas
Schachter Asset Management Analyst and Investment Advisor Josef Schachter, who provides oil and gas research to Maison Placement Canada clients, is recommending a group of Canadian companies that are maintaining the delicate balance between oil, on which he is bearish, and natural gas, which he believes will soon enrich both producers and investors. In this exclusive interview with The Energy Report, Josef shares some value-priced names he feels are poised for big gains, along with natural gas' rising price.
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Friday, June 24, 2011
India Slowdown Hardly a Concern for Gold and Silver / Commodities / Gold and Silver 2011
As we enter the summer doldrums, a period when many investors leave the financial markets for warm beaches and relaxing vacations, India has come onto the scene as a topic of choice.
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Friday, June 24, 2011
Chinese Energy Policies Harming Neighbors / Commodities / Energy Resources
China's omnivorous energy requirements have been attracting increasing attention as of late, as Beijing attempts to secure any and all sources of power for its growing industrial base.
Nowhere is this more noticeable than Beijing's policies in the South China Sea, where Chinese assertions of sovereignty are unsettling the Philippines, Taiwan, Vietnam, Malaysia, Indonesia and Brunei, all of whom have counter claims on the various shoals and islets.
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Thursday, June 23, 2011
Faber Continues to Like Gold and Silver as Euro-zone Debt Crisis is Flashing Red / Commodities / Gold and Silver 2011
Gold is trading at $1,540.00/oz, €1,081.46/oz and £962.86/oz.
Gold is marginally lower in U.S. dollars but continues to eke out gains in euros. The euro has fallen again today possibly as markets digest Trichet’s grim warning regarding financial contagion. Gold at €1,081.40/oz is less than 1% away from record nominal highs in euros at €1,088/oz.
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