Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, April 22, 2011

Gold and Silver, What’s Driving Their Prices Higher? / Commodities / Gold and Silver 2011

By: Submissions

Ian R. Campbell writes: Gold and Silver continued making headline news yesterday and this morning, with everyone reading this likely being well aware that both breached, and so far have held above U.S.$1,500 and U.S.$45 respectively.  At 11:30 a.m. ET this morning they trading at U.S.$1,504.14 and U.S.$46.02.  To put these two prices in context, on January 1, only 80 calendar days ago:

Friday, April 22, 2011

What's Different About $1500 Gold? / Commodities / Gold and Silver 2011

By: Adrian_Ash

The golden constant stands out amidst the US Dollar's latest plunge...

So what's different about gold at $1500 per ounce...?

Thursday, April 21, 2011

Gold and Silver: Supreme Safe Haven Assets / Commodities / Gold and Silver 2011

By: Jeb_Handwerger

Silver (iShares Silver Trust (SLV)) hit the ball out of the park yesterday as it hit a record high exceeding my late January target of $40. Silver has doubled in the past seven months alone. Poor man's gold is making some poor men rich as the US dollar (PowerShares DB US Dollar Index Bullish (UUP)) and long term US debt (iShares Barclays 20+ Year Treas Bond (TLT)) remain under pressure.

Thursday, April 21, 2011

Shift to Physical Accelerates as Gold, Silver Adds 7.7% for the Week / Commodities / Gold and Silver 2011

By: Adrian_Ash

THE WHOLESALE PRICE of gold broke fresh US Dollar highs ahead of the long Easter weekend in London on Thursday, but fell against all other major currencies, unwinding this week's sharp gains entirely for Euro buyers.

The price of gold in British Pounds slipped 1.4% from yesterday's new all-time highs.

Thursday, April 21, 2011

Silver Breaks Above $46 on Short Squeeze Rumour / Commodities / Gold and Silver 2011

By: GoldCore

Gold and silver have surged to new record nominal highs in dollar terms (all time and 31-year) with the dollar falling sharply on international markets. Silver has continued to surge in all currencies and has surged to a new record nominal high of $46.25/oz (£27.85/oz and £31.54/oz) on growing rumours of a short squeeze involving a billionaire or state interest attempting to corner the silver market (see FT news story below).

Thursday, April 21, 2011

Gold Tops $1,500 in Flight to Quality / Commodities / Gold and Silver 2011

By: Mike_Shedlock

The New York Times reports Gold Tops $1,500 an Ounce in 'Flight to Quality'

The list of factors that have supported the price of precious metals in recent weeks is long. It includes worries about the sustainability of European debt levels — and whether countries like Greece will soon default; the threat of a possible downgrade of U.S. credit ratings amid an impasse over raising the debt limit and dealing with the budget deficit; the weaker dollar; rising inflation in many parts of the world and continued unrest in North Africa and the Middle East, which has pushed up oil prices.

Thursday, April 21, 2011

Oil Services Stocks Correction Due? / Commodities / Oil Companies

By: Dian_L_Chu

Michael Tarsala writes: Oil services stocks are seeing downside earnings revisions and bearish options bets ahead of earnings, and could be in danger of losing their price uptrend, according to a Thomson Reuters technical signal.

The options positioning suggest there’s a lot less optimism for services versus drillers and refiners, and less hope they’ll have another blockbuster quarter.

Thursday, April 21, 2011

What Does $1,500 Gold Really Mean? / Commodities / Gold and Silver 2011

By: The_Gold_Report

When the price of Comex gold futures kissed a record high $1,500/oz. Tuesday before settling back to the high $1,400s at day's end, and then topped the benchmark in early trading Wednesday, the smack sounded a lot like "I told you so." The Gold Report's expert contributors explain what this milestone means for investors going forward.

Thursday, April 21, 2011

Rare Earth Element Stock Insights / Commodities / Metals & Mining

By: The_Gold_Report

U.S. investors and institutions are seeing green in their rare earth elements (REEs) and strategic metals investments, and one investment bank is leading the way. Merriman Capital Services Group Managing Director Spencer Grimes shares his secret to investing in the right cleantech companies in this exclusive interview with The Gold Report.

Thursday, April 21, 2011

Gold Inflation Hedge? / Commodities / Gold and Silver 2011

By: Submissions

Ian R. Campbell writes: A recent article asks (and I think answers) the question “Is Gold Really An Inflation Hedge?” - reading time 3 minutes.  The article includes charts comparing the price of physical gold with year/year U.S. inflation, with University of Michigan U.S. inflation expectations, and with the U.S. Federal Reserve Balance Sheet.  The article concludes that the evidence shows the gold price increase of the past 11 years (gold breached U.S.$1,500 this morning for the first time, trading at just under U.S.$1,505 as I write this at 7:00 a.m. ET) can’t be attributed solely to inflation, and says “It is key to understand that the exposure you obtain from buying/selling gold is not exclusively linked to the inflation rate”, and that “the fundamental reason gold has value is that it is an alternative to paper currency, and what makes gold attractive to hold vs. a paper currency is what it yields on a real basis”. 

Wednesday, April 20, 2011

Silver Wheaton Starting to Accelerate / Commodities / Gold & Silver Stocks

By: Mike_Paulenoff

Yesterday we noted to subscribers that Silver Wheaton (SLW) has climbed above its April down trendline at 42.20 and is starting to accelerate to the upside toward our optimal next target of 43.60/85.

Wednesday, April 20, 2011

Gold Breaks $1500, Silver Hits 8th Record in 13 Days / Commodities / Gold and Silver 2011

By: Adrian_Ash

THE PRICE OF WHOLESALE gold bullion jumped above $1500 per ounce in London on Wednesday, setting new Dollar and Sterling highs but falling sharply against the Euro as the single currency rose to its highest level since 2009.

World stock markets surged almost 2% on average, as news of stronger-than-expected US corporate earnings came alongside a fresh rumor of Greek-debt "restructuring" from a German official.

Wednesday, April 20, 2011

Gold New $1,500/oz Record Nominal High, Targets Inflation Adjusted High of $2,400/oz / Commodities / Gold and Silver 2011

By: GoldCore

Gold has breached the $1500/oz level and reached new record nominal highs at $1,505.65/oz. Since yesterday it has gradually risen in all currencies and is approaching record nominal highs in all major currencies. Gold has risen to EUR1,037/oz, GBP920/oz, AUD1,412/oz, CHF1,344/oz and JPY124,640/oz, and is now not far from recent record nominal highs of EUR1,054/oz, GBP922/oz, AUD1,440/oz, CHF1,349/oz and JPY126,000.

Wednesday, April 20, 2011

A Trillion Reasons to Bet on Liquid Natural Gas / Commodities / Natural Gas

By: Money_Morning

Peter Krauth writes: If you think oil prices are too high now - at $100 a barrel - it's time to adjust your thinking.

Truth be told, I don't think we'll see sub-$100-a-barrel oil ever again.

Wednesday, April 20, 2011

Crude Oil Price Battle of The Big Banks: Goldman v. BofA and Barclays / Commodities / Crude Oil

By: Dian_L_Chu

Continuing its downward shift from the week before, crude oil fell sharply on Monday, April 18 after S&P lowered its U.S. credit outlook to negative, and OPEC said high crude prices could pressure global economy.

ICE Brent crude for June fell $1.84 to settle at $121.61 a barrels, while WTI (West Texas Intermediate) for May delivery also fell $2.54 to settle at $107.12 on NYMEX. 

Wednesday, April 20, 2011

Lithium Powers the Green Energy Revolution / Commodities / Metals & Mining

By: The_Energy_Report

Demand for lithium, a super-light, yet super-charged metal used in batteries, has been slowly rebounding from a dip in 2009. Main players in the space are planning to expand and new market entrants are on the horizon. But which are poised to benefit if there is a glut in supply? In this exclusive interview with The Energy Report, Byron Capital Markets Battery Materials and Technology Analyst Jonathan Lee reveals his forecast for prices, supply and demand.

Wednesday, April 20, 2011

TALF Funded The Latest Oil Hijack: Time The Fed Ran The SPR? / Commodities / Crude Oil

By: Andrew_Butter

Goldman Sachs’ recent pronouncements on the price of oil (allegedly) caused a 6% drop. Apparently there is more to come?

http://www.reuters.com/article/2011/04/12/us-goldman-brent-recommendation-idUSTRE73B3EN20110412

Wednesday, April 20, 2011

Gold Launched to New Record Highs by 50 Factors / Commodities / Gold and Silver 2011

By: Jim_Willie_CB

Edification is not the word that comes to mind when observing an interview with Larry Fink of Blackstone this morning on network financial news. It was inspirational if not humorous, and somewhat pathetic. Of course the interviewer treated him like royalty, when just a syndicate captain, a Made Man. As a cog within the US financial hierarchy, he was asked why Gold is approaching record price levels near $1500 per ounce. He gave his best 10-second answer, showing no depth of comprehension but an excellent grip of propaganda laced with simplistic distortion. He said, "GOLD IS RISING FROM ALL THE GLOBAL INSTABILITY, AND NOT FROM INFLATION AT ALL." Sounds good, but it lacks much reflection of the world of reality burdened by complexity and interconnectivity that the enlightened perceive.

Tuesday, April 19, 2011

Gold $5,000 and Silver $300 are Credible Forecast Targets / Commodities / Gold and Silver 2011

By: Midas_Letter

Q: What do CNBC, George Soros, Warren Buffet and every other mainstream investment commentator on the price of gold have in common for the last ten years?

A: They are all wrong.

Tuesday, April 19, 2011

Gold Hits New Dollar & Sterling Records, Fundamentals "Very Supportive" / Commodities / Gold and Silver 2011

By: Adrian_Ash

THE WHOLESALE PRICE of physical gold rose again in London trade on Tuesday, hitting fresh record highs for both US Dollar and British Pound investors after yesterday's "negative watch" announcement on US government debt from ratings agency Standard & Poor's – a "shot heard round the world" according to one London bullion dealer.