Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, March 21, 2011
China Imports 245 Tonnes of Silver in February and Qatar SWF “Interested” in Buying Silver / Commodities / Gold and Silver 2011
Gold and silver rose on the open in Asia and have continued those gains so far in European trading with the Libyan military conflict leading to a safe haven bid and falls in the dollar and yen. The all time and multiyear nominal dollar highs set on March 7th ($1,444.95/oz and $36.75/oz) look set to be challenged as gold is less than 1% from its record high and silver less than 2% from its nominal recent high.Read full article... Read full article...
Monday, March 21, 2011
Gold & Silver Jump vs. Falling Dollar, "FX Volatility" Seen Driving Demand / Commodities / Gold and Silver 2011
THE PRICE OF GOLD jumped against a falling Dollar at the start of Asian trade on Monday, hitting near-two-week highs for US investors as crude oil also leapt following the weekend's joint UN air strikes on Libya.
The BBC reported that a key Gaddafi "command center" had been destroyed in Tripoli, capital of Africa's third-largest oil producer.
Monday, March 21, 2011
Aussie Gold Stocks Surge / Commodities / Gold & Silver Stocks
Global events currently support gold and Australian gold stocks. Yet gold and the ASX-XGD index have been in a consolidation and correction mode of late. The Australian gold sector has underperformed gold itself over the past two weeks, within a long-term uptrend, offering some sweet pickings which we did not waste. Investors swooped on these exceptional investment opportunities late last week as the Australian gold sector surged up from oversold lows. Here are the supports (from 5 year – 1 week tick chart) I provided in Newsletter 27 released 16th March:
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Monday, March 21, 2011
Why Gold Is No Longer An Effective U.S. Dollar Hedge / Commodities / Gold and Silver 2011
During the first nine years of this gold bull market, gold prices moved with a near perfect inverse relationship to the US dollar. Indeed, in the early years gold was only really moving up against the greenback, it was only after a few years that it began to appreciate against all currencies. The game plan was simple; the dollar is going down, so gold in USD terms is going up with some leverage factor. Gold worked well as both a USD hedge and as a tool to speculate on a USD decline. This is no longer the case.
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Sunday, March 20, 2011
The Failure of Gold to Breakout Despite Compounding Crisis / Commodities / Gold and Silver 2011
So, why hasn’t gold shot up through the roof with all that’s been going on lately? It’s a good thing I’m a technician and don’t have to come up with a WHY, as I don’t have a clue why. Let’s just go ahead and see where we are and possibly which way the wind is blowing. But first, the Merv’s Venture 30 Index.
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Saturday, March 19, 2011
Wheat, Sugar, Corn, Coffee, Orange Juice... Commodities Trading Where Next ? / Commodities / Commodities Trading
EWI's FreeWeek is Here! Get full FREE access to Elliott Wave International's most popular commodity forecasting service, edited by Senior Analyst and trading instructor Jeffrey Kennedy. Now through noon (Eastern Time) March 23, you get the hottest daily, weekly and monthly commodity opportunities, complete coverage of up to 18 markets through video analysis and clearly labeled charts, plus practical real-world trader lessons, tips, tricks and more! Access FreeWeek now!
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Saturday, March 19, 2011
Reflections on the PPI and the Commodity Bubble / Commodities / Commodities Trading
Here is a pair of interesting charts showing the correlation between the Canadian and Australian dollar vs. the price of West Texas Intermediate crude.
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Saturday, March 19, 2011
Crisis Creates Opportunity with Junior Gold Miners / Commodities / Gold and Silver 2011
Good rocks and good people are the core building blocks of successful junior miners. Casey Research Senior Editor and Mining Strategist Louis James wants to see the mineralization close up and talk to geologists to verify the powerful upside potential that may be in these stocks, which are also vulnerable to staggering corrections. In this exclusive interview with The Gold Report, Louis reveals how to benefit from the combination of geopolitical and domestic uncertainty and growth potential in the ground.
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Saturday, March 19, 2011
Significant Breakdown in Gold or a Short-term Bottom in Platinum? / Commodities / Gold and Silver 2011
Japan is definitely the talk of interest in capital markets. The economic fallout in the recent days did not lag much behind nature’s destructive forces. The financial aftershocks gathered force as investors fled from assets deemed risky such as stocks, oil and gold (the latter is quite surprising). Amid worries that the crisis could slow down a global economy, investors were also spooked by a 16 percent drop in Japanese shares early during the week. Stock markets slumped around the world as investors sought what they believe to be safe havens, like United States dollars and Treasury Bonds. (We are constantly amazed that people deem these assets to be safe havens.) It is inevitable that most investors will feel the ripple effects of Japan’s disaster in their portfolio one way or another.
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Saturday, March 19, 2011
Power and Profit for Gold and Silver Partisans / Commodities / Gold and Silver 2011
“Nothing will unnerve the paper gold shorts more quickly and do more to undercut their confidence than to strip them of the real metal and force them to come up with more hard gold bullion to make good on deliveries. ‘Stand and Deliver or Go Home’ should be the rallying cry of the gold longs to the paper gold shorts." - Trader Dan Norcini
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Friday, March 18, 2011
Silver in SPX Stock Market Selloffs / Commodities / Gold and Silver 2011
Silver’s massive surge since late January has naturally made it wildly popular these days. But with the general-stock-market weakness gathering steam, silver traders are increasingly wondering if it could somehow spill into and affect silver. Market history not only shows it likely will, but the odds favor a rather severe downside impact.
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Friday, March 18, 2011
Silver: Buy, Hold Or Sell? / Commodities / Gold and Silver 2011
1980 to 2011: From bear to bull
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Friday, March 18, 2011
Crude Oil Underpinned Despite Weakness as the Only Alternative to Nuclear Power / Commodities / Crude Oil
The recent rally in oil markets, driven by unrest in the Arab world, has paused in the aftermath of the Japanese natural disaster and possible and impending nuclear disaster. Traders are trying to assess the implications for energy demand as the world’s 3rd largest economy looks set to endure a recession.
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Friday, March 18, 2011
Sugar Turns More Negative After 76.4% Resistance Test / Commodities / Commodities Trading
In our last Sugar Update we were looking at potential resistance from a long term Fibonacci level. So far the reaction around this has been negative and now there are further reasons to expect continued weakness.
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Friday, March 18, 2011
We Love Silver But We Respect The Trends - Be Careful / Commodities / Gold and Silver 2011
We believe in investing in long term bull market trends. To illustrate this point consider the following. In theory, with only two trades and two and a half long term trends, an individual could have turned only $10,000 into more than $47.6 million dollars.
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Friday, March 18, 2011
Gold and Silver Correction Ending / Commodities / Gold and Silver 2011
Although gold and silver have yet to show much, if any, upside volatility amidst the Japan crisis, the patterns carved out during the past several sessions strongly suggest corrections are ending and new uplegs about to emerge.
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Friday, March 18, 2011
Uranium Future Remains Intact Despite Japan Nuclear Meltdown / Commodities / Uranium
Even in the face of problems at Japan's Fukushima Dai-Ichi nuclear reactor following a massive earthquake and tsunami, Jennings Capital Mining Analyst Alka Singh takes a positive long-term view on uranium prices. In this exclusive interview with The Energy Report, Alka explains why uranium demand will increase globally in the next two years and offers a few companies poised to capitalize on that need.
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Friday, March 18, 2011
Oil Shale Stock Plays From Around the World / Commodities / Oil Companies
Dear OGIB Reader,
How much oil is there in newly economic shale oil deposits around the world?
We won’t know that for 50 years or more, but it’s not stopping energy companies from publicizing some extremely large prospective resource estimates – like, tens of billions of barrels of oil – with almost no data to back it up, and only one similar play on earth with any operating history. A prospective resource is an estimate of the amount of oil that might be the recoverable volume of oil in an area.
Thursday, March 17, 2011
The World’s Best Gold Experts: “Buy and Hold!” / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD
In January, Jeff Clark of Casey Research’s BIG GOLD advisory set out to get opinions from some of the smartest, most accomplished investors in the gold industry – where is the gold price going to go, how volatile will the markets be, what’s the outlook for precious metals stocks? Read on for some of the most insightful answers you’ll see anywhere…
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Thursday, March 17, 2011
Gold Breakout, Three Years Ago to the Day / Commodities / Gold and Silver 2011
A quick reminder of recent history...
REMEMBER Bear Stearns? You know, that quaint little investment bank which blew up 6 months before Lehmans and a full 12 months before quantitative easing began.
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