Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, May 05, 2011
Commodity Markets, Renewed period of bad news = good news? / Commodities / Commodities Trading
Renate van Ginderen writes: Generally, investors remain very bullish on commodity markets. No surprise there - the Fed is still inclined to pursue an extraordinary loose monetary policy. Should macro-economic data deteriorate in 2011, however, this could still be interpreted as positive to asset prices as in that case the Fed will be more likely to opt for a new round of quantitative easing. Therefore, one can expect upward pressure on commodity prices over the coming weeks to months, albeit probably with an intermediate correction, as explained below.Read full article... Read full article...
Thursday, May 05, 2011
Gold And Silver Storm The Fed / Commodities / Gold and Silver 2011
All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation. John Adams (1735-1826), American President
America’s founding fathers would not be surprised at the dire state of the nation they created in1776. America was then an experiment. No similar form of government had ever been attempted; and even at its birth the founding fathers had doubts as to whether the American experiment would succeed.
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Thursday, May 05, 2011
Gold and Silver Parabolic Moves are Only Temporary / Commodities / Gold and Silver 2011
The past few weeks we have been seeing the US Dollar slide to new lows at an increasing rate. The strong devaluation of the dollar has sent precious metals like silver and gold rocketing higher out of control sending them parabolic!
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Thursday, May 05, 2011
Silver Leads Precious Metals Sell-Off / Commodities / Gold and Silver 2011
The iShares Silver Trust (SLV) is down 20% in 4 trading sessions. Let's notice that the SLV has given back ALL of its near-vertical upside blow-off type action ($37.00-$48.35) after the price structure hurdled the top of its 10-month bullish channel.
The SLV has returned to the vicinity of the extension of the upper channel line, which now serves as support starting at $38.30, into the area of the sharply rising 50 DMA ($37.85), which should contain and reverse current SLV weakness.
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Thursday, May 05, 2011
Commodities Bull Market and the Cheapest Money in History / Commodities / CRB Index
So the cheapest money in history played no role in killing the century-long downtrend in commodity prices...?
A LITTLE over three years ago, we published this chart here at BullionVault – now updated so you can see just how much mischief cheap money is causing...
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Thursday, May 05, 2011
How Low Can Silver Go? / Commodities / Gold and Silver 2011
Silver has posted an incredible first four months of the year, appreciating by over 60%! But we all know the adage that nothing goes up forever and silver proved it true by finally hitting a wall and correcting by 15% in just three days. The metal continued declining this morning and just tested the psychologically important $40 level.
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Thursday, May 05, 2011
Germany Urges Portugal to Sell its Gold as Mexican Central Bank Buys 100 Tonnes / Commodities / Gold and Silver 2011
Gold is mixed while silver is down some 1.5% again today. Weakness is being attributed to profit taking, momentum-driven traders and rumours regarding selling of gold and silver by George Soros’s fund.
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Wednesday, May 04, 2011
Silver Plunges, Flirts with 20% Bear Market Level / Commodities / Gold and Silver 2011
THE PRICE OF GOLD held tight as silver prices sank once again in London on Wednesday morning, sitting above last night's two-session low of $1528 per ounce while silver dropped to new 3-week lows, flirting with the technical definition of "bear market".
New data showed the Bank of Mexico buying 93 tonnes of gold bullion for its reserves in Feb. and March, the heaviest central-bank buying since India's 200-tonne purchase from the IMF in Oct. 2009.
Wednesday, May 04, 2011
Industrial Demand Set to Drive a Rebound in Silver Prices / Commodities / Gold and Silver 2011
Larry D. Spears writes: After a shocking upward climb to nearly $50 an ounce, silver prices have been walloped over the past two days - plunging to $41.50 an ounce in afternoon trading yesterday (Tuesday).
But regardless of this sharp decline, now isn't the time to panic. After all, the U.S. Federal Reserve has given no indication that it plans to tighten monetary policy anytime soon, and as a result the dollar continues to weaken.
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Wednesday, May 04, 2011
Gold Prices Remain a Dollar Play Despite Recent Events / Commodities / Gold and Silver 2011
The dash from $1425/oz to $1563/oz came to a halt today on news that is perceived to be good for the USD. The technical indicators are firmly in the overbought zone so a breather was on the cards. Note that the RSI had peaked well above the '70′ level and has now come back slightly, to sit at 73.50, still oversold, so this correction may continue for a few more days.
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Wednesday, May 04, 2011
Gold Falling to $1290 Suggests “Three Peaks and the Domed House” Pattern / Commodities / Gold and Silver 2011
Nu Yu, Ph. D with Lorimer Wilson writes: There are a number of different ways to look at what has been happening with the price of gold and silver of late and to anticipate what is next in store for this precious metal. One of the most unique ways of assessing past, present and future movement is by taking a look at the "Three Peaks and the Domed House" and "Bump and Run" chart pattern. Indeed, the "Three Peaks" pattern suggests that gold has peaked and will now decline by 17% to $1,290 per ozt. in June. Let me explain.
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Wednesday, May 04, 2011
Big Future for Nuclear Power on the Horizon / Commodities / Nuclear Power
Japan's nuclear catastrophe sent shock waves through the uranium market, but in this exclusive interview with The Energy Report, Haywood Securities Analyst Geordie Mark explains why the disaster in Japan isn't the end for uranium miners.
The Energy Report: Geordie, take us through what it was like on March 11 once you learned that Japan's nuclear reactors had suffered severe damage in an earthquake and subsequent tsunami.
Wednesday, May 04, 2011
Gold and Silver, the Greatest Profit Potential of the Last Decade / Commodities / Gold and Silver 2011
After what should be a brief pause this week commodity markets will move into the greatest rally of the last decade. As usual I will stay focused on the precious metal markets. They have been the leaders during this entire move out of the `08 bottom and they will see the largest parabolic move of all commodities during the final leg up.Read full article... Read full article...
Tuesday, May 03, 2011
Commodities Topping One by One, Silver Collapse Warning / Commodities / Agricultural Commodities
Slowly the list of commodity prices that have topped out seems to be growing. Sugar was first. Now cotton follows as farmers are going to increase plantings fairly dramatically, and China has cancelled orders for the fiber(Financial Times, 28 April 2011). Have soybeans also done so? North American production of that miraculous yellow grain just might be somewhat better than the extremely bearish forecasts. On Chinese soybean demand, we note reports of over booking and second half 2011 imports likely being below year ago levels(Commodity News for Tomorrow, 11 April 2011). Could investors be ignoring this situation? Lastly, is the collapse of Silver perhaps a warning from the gods? (Note: Trading persistently below $44.69 confirms a Silver bear market.)
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Tuesday, May 03, 2011
Will a Falling Dollar Oil Price Take Gold Down With it? / Commodities / Gold and Silver 2011
U.S. demand for gas at the pump is starting to react to the rising prices. No wonder. U.S. consumers are seeing a 30% jump in oil prices over the past few months. U.S. motor fuel prices have become a heated political issue after pushing towards $4 a gallon. Gasoline futures hit 33-month highs on Tuesday. The rising prices at the pump are fueling voter discontent with Obama's leadership and could harm his re-election chances in 2012. Government is saying it is due to speculation. But Saudi Arabia has cut production by 600,000 barrels a day. Is Saudi Arabia to blame? Why would oil producers cut production like this when the oil price is so high? We have to ask ourselves, "Is that all there is to this story or is there something out there that justifies cuts in production and accepts higher oil prices?" There is and this article will highlight that.
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Tuesday, May 03, 2011
The Silver Bull Market will Zig-Zag to $100 and Beyond / Commodities / Gold and Silver 2011
The silver market has been very interesting lately but what really rankles me is the various commentaries that have popped up from across the financial media world. It seems that as soon as silver gets near $50 all of a sudden the silver bears come out of the woodwork and even some usually bullish observers are leap-frogging over to the silver bear camp. What are silver investors and speculators to do?
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Tuesday, May 03, 2011
Silver Plunges 10.5% as Margin-Hike Bites / Commodities / Gold and Silver 2011
THE PRICE OF GOLD hit new all-time Dollar highs at the AM London Fix on Tuesday, while silver traded near a two-week low, world stock markets slipped, and commodity prices fell hard.
An early rise in global equities faded as the Reserve Bank of India today hiked its key interest rate and Euozone factory input-price inflation showed a surprise rise.
Tuesday, May 03, 2011
Is A Healthy Correction Overdue in Gold And Silver? / Commodities / Gold and Silver 2011
When one begins trading it is important to realize that it is like any other business and your goods are your stocks. There is a basic rule that one must learn and never forget when buying and selling merchandise. You must be prepared to accumulate your products when there is a panic and sell them when there is euphoria. One has to sell when the product is in demand and the investment public becomes aggressive and buy when it is out of favor and the public shows little to no interest. In August of 2010 and January of 2011 precious metals both gold and silver presented excellent buying opportunities.Read full article... Read full article...
Tuesday, May 03, 2011
Coal Use Shine’s Light on China's Economic Growth / Commodities / Coal
International coal prices hit $124 per ton this week, the highest levels in five months, as strong demand from reconstruction projects in Japan and reduced supply from flood-ravaged Australia has made coal supply tight. The floods in Queensland, Australia cut the country’s output of coal by 15 percent and other big coal producers such as Indonesia, South Africa and Colombia are experiencing similar production cuts due to floods of their own.Read full article... Read full article...
Tuesday, May 03, 2011
Gold and Silver, NUTS to all of you ‘Top Pickers!’ / Commodities / Gold and Silver 2011
“What is the meaning of a gold standard and a redeemable currency? It represents integrity. It insures the people’s control over the government’s use of the public purse. It is the best guarantee against the socialization of a nation. It enables a people to keep the government and banks in check. It prevents currency expansion from getting ever farther out of bounds until it becomes worthless. It tends to force standards of honesty on government and bank officials. It is the symbol of a free society and an honorable government. It is a necessary prerequisite to economic health. It is the first economic bulwark of free men”. W. E. Spahr.
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