Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, April 12, 2011
Gold Over £900/oz as British Pound Falls Sharply / Commodities / Gold and Silver 2011
Gold is marginally lower in all currencies today, except sterling, after UK retail sales plunged the most on record in March due to deepening inflation. Consumer’s finances in the UK and internationally are being negatively impacted by food and energy inflation showing the UK’s vulnerability to a double dip recession and stagflation. Gold rose 0.5% in sterling over the £900/oz mark again.
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Tuesday, April 12, 2011
How to Profit if the Nigeria Elections Drive Up Oil Prices / Commodities / Crude Oil
Jon D. Markman writes: Oil prices are on the rise for a bevy of reasons - soaring demand in emerging markets, the weak dollar, and a strengthening U.S. recovery, to name a few.
However, supply disruptions and civil unrest in the Middle East-North Africa (MENA) region in recent months have had the biggest impact on oil prices. Egypt, Libya and Yemen have all played a part in driving up oil prices, and now they're about to be joined by another volatile oil producer.
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Tuesday, April 12, 2011
Silver, The Canary In The Gold Mine / Commodities / Gold and Silver 2011
Silver, the Canary in the Gold Mine was my talk at a Gold Standard Institute symposium in Canberra, Australia in November 2008. The topic could well describe today’s gold and silver markets.
Today, both silver and gold are achieving record highs but silver’s accelerating price indicates silver may indeed be the canary in the gold mine, the leading indicator for gold’s long-awaited explosive move upwards, a move the Fed and major bullion banks have colluded since the 1980s to prevent.
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Tuesday, April 12, 2011
Changes in Monetary Policy Could Hit Gold Price / Commodities / Gold and Silver 2011
How has the increase in government in the last 150 years driven precious metal prices? In this exclusive interview with The Gold Report, Leonard Melman, editor of The Melman Report newsletter and the author of Reverse the Way In, discusses why he recommends precious metal stocks, but advocates changes in monetary policy that could diminish the price of gold.
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Tuesday, April 12, 2011
Why High Crude Oil Prices Are Likely Here to Stay / Commodities / Crude Oil
A number of forces continued to push oil prices higher last week, reaching their highest levels in the U.S. since September 2008.
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Monday, April 11, 2011
A New Trend in Fracking Oil and Gas Emerges: The "Recovery Factor" / Commodities / Natural Gas
"Lower costs. Higher oil and gas recoveries."
That's how Dan Themig, President of Packers Plus - a privately owned, Calgary-based fracking (completions) company - describes an interesting new development in fracking...
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Monday, April 11, 2011
Gold and Silver Breaks Out: Technical Targets Being Monitored / Commodities / Gold and Silver 2011
Gold broke out of its 6 month consolidation and cup and handle pattern. The gold bulls are now in control and short covering should begin to cause an explosive move to my late January target of $1600 on gold and $40 on silver. In late January, gold and silver were in a sell-off and many were predicting lower prices as moving averages were broken. Now we are on our way to the January target in gold of $1600. Many ask what to do as they sit on hefty gains.
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Monday, April 11, 2011
Silver Bars Robbery Underlines Need For Safe Storage Alternatives / Commodities / Gold and Silver 2011
Investors both large and small deserve ultimate safety for safe-haven bullion investments
A violent home invasion and the theft of $750,000 in silver bars from the private vault of a 52-year-old British Columbia man in January underscores the need for safe storage alternatives for bullion.
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Monday, April 11, 2011
U.S. Strategic Petroleum Reserve: What’s the Trigger for Release? / Commodities / Crude Oil
In early March, White House Chief of Staff Bill Daley told NBC that the Administration was considering releasing oil from the Strategic Petroleum Reserve (SPR) if it deems the high oil prices would threaten the U.S. economic recovery.
President Obama, in a press conference on March 11, also reiterated that a plan to tap the SPR was "teed up" and said he would move quickly should ‘conditions’ worsen. However, the President refused to say what price could trigger a release.
Monday, April 11, 2011
Silver New Record High, Speculative Sentiment Remains Tame / Commodities / Gold and Silver 2011
Gold and silver rose to new record nominal highs (all time and 31-year respectively) in Asian trading overnight. Both have given up earlier gains with profit taking being cited. Cash silver surged nearly 3% in Asia to $41.9525 an ounce, a new 31 year high, before trading at $41.31 an ounce.
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Monday, April 11, 2011
Silver Investors Still Not Stretched as Gold's Fresh Dollar Record Leaves Euro-Price Unchanged / Commodities / Gold and Silver 2011
WHOLESALE-MARKET gold prices rose at the start of Asian trade on Monday, touching new all-time highs above $1476 per ounce before slipping 0.4% as world stock markets held flat and European Brent crude oil ticked back to $125 per barrel.
"The silver market went nuts," according to one Hong Kong dealer, with "swift buying" pushing spot silver prices to a fresh 31-year high above $42 per ounce.
Monday, April 11, 2011
Crude Oil Price Drivers / Commodities / Crude Oil
1. Developments in the Middle East and North Africa - A real supply loss in Libya and fear of supply loss elsewhere. The fear factor and uncertainty premium is likely to last all the way through to new elections, but intermittent 'good news' from the region should ease the oil price.
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Sunday, April 10, 2011
Gold Breaks into New High Ground / Commodities / Gold and Silver 2011
Into new high ground and no resistance ahead. The only two things to keep an eye on are the global upheavals and the U.S. $. The upheavals are unpredictable but the U.S. $ seems to have only one long term direction, lower. So, the worst long term scenario for gold is a 50/50 upside potential.
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Sunday, April 10, 2011
Why I Am Leaving Silver for For What It Is... / Commodities / Gold and Silver 2011
Willem Weytjens writes: In this article, I will try to describe why we suddenly moved out of our positions in silver mining companies…
First of all, like I posted two days ago, silver has been going Vertical, which should make us cautious:
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Sunday, April 10, 2011
U.S.Government Austerity Budget and the Gold Bubble, Sell Silver / Commodities / Gold and Silver 2011
What a wonderful and glorious time to talk with you. With a reduction in U.S. government spending to avoid a shutdown of the government, greatest political change in 60 years of U.S. history has taken another step. What are the implications of this historic event? Will the trajectory of U.S. financial mismanagement be changed? Some possibility of that happening does exist, and must be acknowledged. Remember, that in all things related to investments, the second derivative dominates. The second derivative of U.S. government debt may become negative. However, change is slow, and we still need to deal with today’s speculative bubble in precious metals.
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Saturday, April 09, 2011
Balancing the Budget with Silver / Commodities / Gold and Silver 2011
Today is Friday, April 8, 2011. Japan was hit with another earthquake this week. Portugal joined Greece and Ireland for a ECB bailout rendering them a ward of the EU state. The US Congress has yet to agree on a budget for the fiscal year as they haggle over spending cuts. The Republican plan is to leave the citizens with $15,800,000,000,000 dollars of debt in another year and the Democrat plan is to leave the citizens with $15,900,000,000,000 dollars of debt in another year. The current WHO (White House Occupant) has proposed a budget with a deficit of $1.6 trillion. Added to the current debt of $14.3 trillion, I extrapolate the debt in another year to be $15.9 trillion. So, our ‘representatives’ are arguing over whether or not to cut a paltry $100 billion from the proposed budget. Let’s be honest. Does it really matter any more?
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Saturday, April 09, 2011
Rare Earth Stocks Heat Up On Legislative Action / Commodities / Metals & Mining
There have been major developments occurring this week in the rare earth arena, which could hold significance for the expansion into Europe of Molycorp (MCP) and the development of a US domestic supply chain of rare earths (Market Vectors Rare Earth/Str Metals ETF (REMX).
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Saturday, April 09, 2011
Vanadium, Gray Metal Driving Green Revolution? / Commodities / Metals & Mining
Vanadium, a gray metal mainly used as an additive to steel, could see a jump in demand as new technologies emerge in energy storage. In this exclusive interview with The Gold Report, Jonathan Lee, a battery materials and technology analyst with Toronto-based Byron Capital Markets, talks about which vanadium producers are ready to grapple with the prospect of increasing demand from the adaption of "green" uses.
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Saturday, April 09, 2011
Food Inflation Harsh Times – A New Normal / Commodities / Agricultural Commodities
The approaching storm I wrote about in last year's article The Rising Cost of Survival has certainly struck many countries with a vengeance. I thought it would be an appropriate time to revisit.
In 2008, a spike in food prices resulted in food riots around the world. The recession brought prices down while record crops allowed some stockpiles to be rebuilt and gave us a respite from the turmoil.
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Saturday, April 09, 2011
Will Silver Become Money Like Gold Again? / Commodities / Gold and Silver 2011
We have always referred to silver as the 'long shadow' of gold because its price moves with gold's. When the gold price rises, silver rises more. When the gold price falls, silver falls further, but they move in sync. Why?
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