Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, May 23, 2011
Eurozone Debt Crisis Deepens Sending Euro Lower and Gold to New Record at EUR 1,080/oz / Commodities / Gold and Silver 2011
The euro, global equities and bonds in peripheral Eurozone countries are all lower this morning on heightened concerns about the debt crisis in the Eurozone. The euro has fallen against all currencies and is now at a record low against gold at EUR 1,080.21/oz. Silver is lower against most currencies but is higher against the Australian dollar and the euro ( EUR 24.80/oz).
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Monday, May 23, 2011
Gold Secular Bull Market Mania Phase 2011-2013 / Commodities / Gold and Silver 2011
I propose that the third and final phase of gold's secular bull since 2000 has begun in early 2011 and will end in 2013. I suggest that this third phase, a popular and parabolic mania, was announced by both silver's mega move January to April 2011 and the US Dollar's break beneath long term rising support, and will proceed to conclusion in a similar way to the last secular gold bull of the 1970s.
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Monday, May 23, 2011
Gold Always Ahead of Competition in All Times / Commodities / Gold and Silver 2011
Gold at all times has been the most reliable way to maintain savings. Currently, due to currency exchange rate fluctuations and unstable political system, gold continues to enjoy significant demand. In mid-April of 2011 the price of a troy ounce (31.3 grams) of the best-known precious metal exceeded $1,500.
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Sunday, May 22, 2011
Gold Going Parabolic This Summer / Commodities / Gold and Silver 2011
Why could gold go parabolic?
Prices for the yellow metal have recently suffered, along with silver from sudden investor retreat using rationales like inflation is beaten, the global economy is recovering and the US dollar is getting stronger. Against the overvalued euro, maybe, but against gold the US dollar, euro, yen and almost all other paper moneys only have one way to go: down.
Saturday, May 21, 2011
Flight to Gold and Silver Safety on Fears of Greece Debt Default / Commodities / Gold and Silver 2011
"We now know that there has been a dramatic reversal in world central bank thinking, and instead of selling gold as they have been doing, world central banks, on balance, are buying gold. We know that China, Russian and many Asian countries are urgently increasing their gold-to-reserves ratio.
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Saturday, May 21, 2011
Capitalize on Gold Stock Volatility / Commodities / Gold and Silver 2011
Junior mining is a people game. In this Gold Report exclusive, an excerpt from his speech at the Casey Research Conference, Global Resource Investments Founder Rick Rule advises going for the big wins by betting on the best teams with the best chances of discovery using a global counterintuitive approach.
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Saturday, May 21, 2011
Copper Stocks Gleaming in Gold's Glow / Commodities / Metals & Mining
Blinded by the glare of gold's rocketing rise over the last several years, investors may want to follow the leads of the Barricks, Thompson Creek Metals, Goldcorps and other major miners targeting the copper space, according to Kevin Puil, portfolio manager at Malcolm H. Gissen & Associates and senior analyst for its Encompass Fund. In this exclusive Gold Report interview, Kevin tells us that major gold miners increasingly want to diversify and are turning to the red metal on the opposite end of the economic spectrum.
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Friday, May 20, 2011
How to Buy Silver at 10% Off / Commodities / Gold and Silver 2011
Kevin Brekke, Casey Research writes: Inflation has certainly been all over the headlines lately. As the cost of basic materials and commodities has pretty much risen across the board, it was just a matter of time until this rise made its appearance on store shelves at a retailer near you. With prices at the pump squeezing motorists as well, the drive to the supermarket is as painful as watching your groceries being scanned at checkout.
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Friday, May 20, 2011
Gold GLD ETF on the Move / Commodities / Gold and Silver 2011
The SPDR Gold Shares (NYSE: GLD) is up 1.2% today, while the iShares Silver Trust (NYSE: SLV) circles unchanged. WTI Oil is down 0.9%, and the Dollar Index (DXY) is up 0.5%. Huh? Yes, something has goosed gold prices today despite an otherwise "unfriendly" surrounding market environment that is not particularly embracing risk ahead of the weekend.
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Friday, May 20, 2011
Gold Breakout or Breakdown, What’s Next? / Commodities / Gold and Silver 2011
The precious metals blogosphere was buzzing with the news that billionaire investor George Soros has sold most of his holdings in the bullion-backed SPDR Gold Trust (GLD) and iShares Gold Trust (IAU) in the first quarter of 2011. According to reports filed with the U.S. Securities and Exchange Commission, Soros bought shares of mining companies Goldcorp Inc. and Freeport-McMoRan Copper and Gold Inc. (FCX). All together Soros sold almost $800-million (U.S.) in gold.
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Friday, May 20, 2011
Commodities Risk Trade / Commodities / Commodities Trading
Commodities prices have been exceptionally volatile in recent weeks, with big daily rallies and plunges intermingled. Seemingly without rhyme or reason, commodities surge one day as traders crave riskier bets but then fall the next as they flee risk. While this commodities risk trade often looks capricious and schizophrenic, it actually has a logical and consistent driver. The state of the stock markets.
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Friday, May 20, 2011
Has George Soros Signaled the End of Gold and Silver Bull Market? / Commodities / Gold and Silver 2011
George Soros, the billionaire founder of Soros Fund Management LLC, sold most of his holdings in the bullion-backed SPDR Gold Trust and iShares Gold Trust funds in the first quarter, while buying shares of mining companies Goldcorp Inc. and Freeport-McMoRan Copper & Gold Inc. Soros's fund held 49,400 shares of SPDR Gold Trust as of March 31, compared with 4.721 million at the end of the fourth quarter. The New York-based fund sold all 5 million shares it held in iShares Gold Trust. This amounted to roughly 30 tonnes worth of physical gold held through the custodians, Barclays and HSBC.
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Friday, May 20, 2011
Silver Market at Standstill and Gold Going Nowhere / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices rose above $1500 Friday morning, 0.6% above where they started the week, but barely changed since two weeks ago, while stock and commodity markets also rose.
Gold prices have now traded in a tight range within 2% of $1500 since May 6.
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Friday, May 20, 2011
China Becomes World’s Largest Gold Buyer / Commodities / Gold and Silver 2011
Gold and silver are higher again today with the debt laden dollar, euro and yen all being sold. News that China has become the world’s largest buyer of gold bullion and has seen investment demand double continues to reverberate in the markets and may have contributed to this morning’s strength.
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Friday, May 20, 2011
Gold Initial Reversal Signs / Commodities / Gold and Silver 2011
The upmove in Gold recently stalled after reaching interesting resistance on the longer term chart. An initial reversal indication calls for shorter term bulls to be cautious now.
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Thursday, May 19, 2011
Silver Parabolic Rally Due to Short Covering Not Speculative Buying / Commodities / Gold and Silver 2011
Most mainstream pundits and reporters have assumed that it was speculative buying that caused Silver to go parabolic. After all, its always the dumb money or the public that gets in at the very end. However, in futures markets, parabolic moves are often the result of short squeezes. This is exactly what happened in Silver.
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Thursday, May 19, 2011
Natural Gas Fracking Controversy / Commodities / Natural Gas
Marin Katusa, Casey Research writes: Blackstone Group LP (BX), the world’s largest private equity firm, is set to invest $1 billion in unconventional oil and gas projects in North America through a joint venture with Alta Resources, which has cemented a spotlight on fracking.
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Thursday, May 19, 2011
Uranium Stocks Sell Off, But there is No Substitute for Nuclear Power / Commodities / Uranium
Emotional sell offs of uranium stocks in the wake of the Japanese nuclear disaster created a buying opportunity, says Alka Singh, a mining analyst at Jennings Capital. In this exclusive interview with The Energy Report, she runs down the supply/demand problem that could drive prices to $75/lb.
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Thursday, May 19, 2011
HUI Gold Stocks Index Ready to Break Down / Commodities / Gold and Silver 2011
A French curve applied to the monthly logarithmic chart of the HUI has four points of contact. The curve at the top has been indicating resistance and the HUI now appears ready to break down.
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Thursday, May 19, 2011
Agri-Foods Gearing Up for the Next Advance / Commodities / Agricultural Commodities
When last we talked our discussion was of the fairly obvious correction developing in commodities. Oil prices peaked several weeks ago. Station on my corner dropped gasoline prices by more than ten cents a gallon over night. In precious metals, the Great Silver Crash of 2011 is readily apparent to the casual observer. Cocoa prices have plunged as expected.
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