Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, March 14, 2011
Gold and Silver Price, Beware What You Read! / Commodities / Gold and Silver 2011
It has become a media tradition for moves in the gold price to be related to some political event or a civil war or a major tragedy such as the earthquake in Japan, when the events have a negligible effect on those markets. We find it unfortunate that this happens because it is misleading. For instance, this morning we were informed that the gold price had risen in the dollar, because of Japan's earthquake and tsunami. In fact it was almost entirely accounted for by the fall in the dollar against the euro. The gold price shows its market movements most clearly in the euro, not in the U.S. dollar. A glance across the euro gold price of the last week reinforces that statement, whereas the gold price in the dollar clearly shows the movements in the euro plus the moves of the U.S. dollar against the euro.
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Monday, March 14, 2011
Why Gold and Silver Stocks Are Positioned to Soon Move Much Higher / Commodities / Gold and Silver 2011
I am at a loss for words (something that rarely happens to me) as to why so many in the Precious Metals Sector have become so negative at this juncture in this Historic Precious Metals Bull Market. No doubt, many have “2008-itis”, thinking that the Dow is going to crash. Of course, that has been the daily mantra since the top in 2000, hasn’t it?
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Monday, March 14, 2011
Gold Up, Commodities Down as Tokyo Shares Plunge on Post-Tsunami Economic Fears / Commodities / Gold and Silver 2011
THE PRICE OF GOLD leapt at the start of Asian trade on Monday, gaining 1% as engineers in Japan fought a third potential meltdown at nuclear reactors hit by last week's catastrophic tsunami.
With at least 10,000 people thought dead, the Nikkei stock index shed more than 6% and the Bank of Japan offered a one-day record of ¥15 trillion ($184bn) to the Tokyo money market.
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Monday, March 14, 2011
The Rule of Gold After the Financial Collapse / Commodities / Gold and Silver 2011
James Hunt writes: In a secular world, the operative “Golden Rule” is “He Who Has the Gold Makes the Rules”. The condition of the global financial banking system is untenable. The aggregate amount of debt worldwide is anyone’s guess. The introduction of derivatives and counter claims pushes the chain of obligations into the unknown. All that is left is for central banks to create mountains of uninterrupted counterfeit money to roll over and delay the inevitable. The IMF chart of World Currency Reserve is a skyrocket line to oblivion. It does not reflect a healthy stockpile of treasure, but certainly manifests a new debt machine running to infinity.
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Monday, March 14, 2011
Japan Risk of Nuclear Catastrophe after Explosion Impacts Financial Markets / Commodities / Gold and Silver 2011
The world is still coming to terms with the terrible tragedy in Japan. A second explosion at the Fukushima nuclear reactor overnight and Pentagon reports of radiation being detected 60 miles away from the reactor suggest widening nuclear contamination leading to concerns of a nuclear catastrophe.
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Monday, March 14, 2011
Australian Gold Stocks Sector Dynamics / Commodities / Gold & Silver Stocks
Australian gold stocks do not generally move up or down as a group in sequence. This presents both opportunity and an additional challenge for investors in this sector. To further complicate this dynamic the price of gold does not necessarily dictate the short term price movements in gold stocks. At times gold leads the stocks up and down - gold stocks can also lead the way.
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Monday, March 14, 2011
What the End of QE2 Means for Gold / Commodities / Gold and Silver 2011
In the last six weeks gold has erased all the losses from the short-lived correction. Gold is back setting new all-time highs and silver is up more than 30% in the past six weeks.But as precious metals are adding to their gains, there are a lot of perceived headwinds coming for gold in the months ahead.
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Sunday, March 13, 2011
Japan Earthquake: Impact on Crude Oil, Fuel and Nuclear Power / Commodities / Crude Oil
A 9.0-magnitude earthquake rocked Japan on Friday March 11, prompting a 30-foot tsunami slamming the country's northeast coast. Media reported that one major oil refinery was caught fire while nearly a dozen nuclear plants were shut down leaving Millions of buildings around Tokyo without power.
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Sunday, March 13, 2011
Gold Reversal Ahead? / Commodities / Gold and Silver 2011
Over the past several days gold has been hitting all time highs BUT the momentum indicator was telling us that the move was on greatly diminished strength. Reversal Ahead?
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Sunday, March 13, 2011
Crude Oil Prices And The Japanese Disaster: The Herd Got It Wrong / Commodities / Crude Oil
JAPAN'S OIL DEMAND WILL BOUNCE BACK
Friday 11th trading on the US Nymex and to lower extent on the London ICE was driven by a quick sentiment-driven response to breaking news of the Japanese disaster. Refineries were on fire, ports were closed and cars, buses and trucks were floating like jetsam, in the raging tsunami. Oil traders surmised that Japan's oil demand and its import draw on world supply were both set to fall and prices were sharply marked down through the day.
Sunday, March 13, 2011
In the Silver Pit No One Can Hear You Screaming / Commodities / Gold and Silver 2011
The Bankmistress and her merry band of pranksters threw a major hissy fit this morning, smacking down the precious metals sector and related trades, like the miners, to such an extent that I put out a special notice about what I was seeing in the markets. In fear and trembling I actually stepped in and bought position in size and leverage more than ordinary, since the miners had been discounted so badly, even given the decline in the equity markets which also seemed like a trading gambit. It seems like a no-brainer now, but let me assure you at the time it seemed a bit wanton, falling knife-wise.
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Saturday, March 12, 2011
The Commodity Price Rollercoaster and the CRB Golden Ratio Failure / Commodities / CRB Index
Commodity prices have been on a rollercoaster ride as central banks have pumped trillions in liquidity into the global system, trying to prevent a deflationary long wave debt collapse from delivering the economic coup de gras, and driving the global economy into a natural Kondratieff (aka Kondratiev) long wave winter season bottom. Commodities are the ingredients of global economic production; they go into almost everything you buy. Investors in commodities, stocks, bonds and gold should all take note of the most powerful resistance line the CRB Index has encountered since the 2009 bottom.
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Saturday, March 12, 2011
Richard Russell Says Gold is the Safest Currency / Commodities / Gold and Silver 2011
Speaking at the Casey Research Gold and Resource Summit, Richard Russell told the audience, “I’d feel much better holding everything I own in gold. Holding dollars means holding a depreciating asset and I feel much more confident holding gold.” He went on to say, “The good part about gold is it can’t go bankrupt and it’s very hard to manipulate gold because it’s international. I know the Fed would love to manipulate gold but it can’t control it because it’s traded all over the world, every hour of the day and night.” We’ve got these highlights and more from a Q&A with Richard Russell in the video below.
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Saturday, March 12, 2011
A Comeback for Gold Backed Money? / Commodities / Gold and Silver 2011
Andrey Dashkov, Casey Research writes: Several legislative initiatives caught our attention recently. All of them are related to the monetary role of gold and range from proposals to return to the gold standard, to minting gold and silver as an alternative currency, to having all state transactions carried out in gold and silver coins, to permitting citizens to run their own mints.
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Saturday, March 12, 2011
Crude Oil, Gold, and Silver – Important Timing Connection? / Commodities / Gold and Silver 2011
Recent developments in precious metals space raise series of questions in terms of sustainability of yellow and white metal moves in the foreseeable future. In order to gauge near-term precious metal moves, investors track precious metals’ relationship between currency fluctuations, stock market influence and crude oil prices. In this essay we would like to provide you with our thoughts regarding crude oil.
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Saturday, March 12, 2011
Expect Silver to Keep on Sizzling / Commodities / Gold and Silver 2011
Sprott Money executives Eric Sprott (chairman) and Larisa Sprott (president), sing the praises of the "poor man's gold" in this exclusive interview with The Gold Report. "All the data supports the thesis that silver is undervalued," says Eric—who serves as chairman of Sprott Inc., as well as CEO, CIO and senior portfolio manager of Sprott Asset Management LP. "We'll certainly see a three-digit price," he adds. Larisa explains how the company's business model differs from others in the space and reveals plans to open Sprott Money USA within the year.
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Saturday, March 12, 2011
Gold and Silver Still U.S. Dollar Dependent / Commodities / Gold and Silver 2011
Despite the troubles in the Middle East and its ramifications for oil prices the real driving force behind both silver and gold prices is still the US Dollar. The inverse relationship remains intact and as the dollar tries once again to get some traction, gold and silver prices are capped.
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Saturday, March 12, 2011
Crude Oil prices drop below $100 on Japan Earthquake and OPEC / Commodities / Crude Oil
A major 8.9 earthquake and tsunami struck Japan overnight in the United States, Friday afternoon in Northeast Asia.
Japan is the third largest consumer oil and the emotional response from speculators quickly knocked light sweet crude futures below $100. In early Friday morning New York NYMEX trade, crude futures are worth $100.05 per barrel
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Saturday, March 12, 2011
Investor Portfolio Preparation for Hyperinflation, Assets for Protection and Profit / Commodities / Gold and Silver 2011
ldquo;Paper money eventually returns to its intrinsic value – ZERO” Voltaire, 1729
“Happy days are here again! Stock markets are strong, company profits are up, bankers are making record profits and bonuses, unemployment is declining, and inflation is non-existent. Obama and Bernanke are the dream team making the US into the Superpower it once was.
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Saturday, March 12, 2011
Silver Tops / Commodities / Gold and Silver 2011
After soaring 35% in just 6 weeks, silver has driven trader enthusiasm to a fever pitch. Naturally after such a magnificent surge to new multi-decade highs, silver bullishness is off the charts. Expectations for continuing near-parabolic gains are nearly universal, with ebullient commentators coming out of the woodwork to predict spectacular near-term price targets.
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