Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, March 10, 2011
Gold and Stocks on the Verge of Breaking Out! / Commodities / Gold and Silver 2011
The past couple weeks we have seen strong distribution selling in the equities market followed by equally large days of buying. These buying and selling frenzies have formed a sideways consolidation.
Intraday movements have been sizable and more than enough to shake those trying to pick a direction early out of the market a few times. As fewer traders get involved the price range narrows and becomes compressed. Eventually there will be a breakout in a direction on heavy volume and with any luck it will start a new trend.
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Thursday, March 10, 2011
What's Driving the Silver Price Higher? / Commodities / Gold and Silver 2011
The Silver Price is hitting new recent highs at $36.55 today in a more vigorous performance than even gold. Many in the developed world precious metal markets are amazed at the performance of silver and see this continuing, whereas others feel it is running away with itself. The "backwardation" in silver [when 'spot' - or immediate delivery prices are higher than for future delivery] has stressed just how much immediate demand there is for silver and clearly a physical shortage of the metal has arisen. There are two apparently conflicting pictures of the role of silver. The industrial side of silver demand, currently thriving and the investment side, which is also thriving and should continue to do so.
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Thursday, March 10, 2011
Utah Starts What Remaining States Should Finish, What This Means for Silver / Commodities / Gold and Silver 2011
It wasn’t exactly headline news, but it wasn’t a quiet event either. The Utah state house has passed a new bill that would allow the state to explore solutions to issuing its own currency, one made of gold or silver, and it seeks to allow its citizens to trade in gold and silver as bullion, not as arbitrary dollars. The bill, which many expect to fail in the state Senate, is certainly another small victory in the move toward sound money.
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Thursday, March 10, 2011
Gold and Fat-Tail Fatigue / Commodities / Gold and Silver 2011
Back to early 2007, only with gold's fair value now at $3844 per ounce...
FOUR YEARS AGO it felt like most finance journalists didn't know gold's color, let alone why their readers might want to read about it.
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Thursday, March 10, 2011
Value in Small-Cap Gold Producers / Commodities / Gold & Silver Stocks
Northern Securities Analyst Matthew Zylstra seeks out junior precious metals stocks with value in the ground and growth potential that are not yet obvious to the markets. He also looks for companies that have unrecognized base metal potential that can significantly reduce the cash costs of precious metals production. In this exclusive interview with The Gold Report, Matt shares some names and discusses catalysts that could move portfolio values significantly upward.
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Thursday, March 10, 2011
The Uncertainty of Crowds, Libya, Gold and Silver / Commodities / Gold and Silver 2011
With Libyans having joined the movement to overturn aging autocracies the Arab street action has moved into a geopolitically more difficult territory. Concern over Libya’s oil exports are showing up as higher crude pricing. Libya’s 1.6 M barrels/day of crude output may well undergo disruptions, but the Saudis could replace that if prices move high enough to cause concern. As troubling is the unpredictability of Muammar Gaddafi and those around him. They seem more likely to go down fighting than the western leaning autocrats have been, and that is more likely to cause splintering of the country and concern similar shifts elsewhere in the region. Markets are reflecting this heightened uncertainty with continued gains for precious metals and US$ as well as oil. We expect the US$ and oil to peak before gold and its cousins do.
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Thursday, March 10, 2011
Which Commodities Are Benefiting From QE2? / Commodities / Commodities Trading
Haven’t we seen this movie before? The economy enters a recession; we have a bear market, the Fed cuts interest rates drastically flooding the global financial system with cash, and commodity prices begin to soar.
In the United States, the Fed has a handy way to ignore rising commodity prices, something they call core inflation. While most of us eat, drive, and heat our homes, the Fed excludes food and energy from its core inflation reading to remove “volatile” components of the inflation equation.
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Thursday, March 10, 2011
Beijing Urged to Hoard Gold as Crude Oil Rebounds / Commodities / Gold and Silver 2011
THE PRICE OF physical gold and silver bullion rallied near record highs once again in London on Wednesday, while European stock markets slipped and crude oil rebounded to recover half of yesterday's sharp losses.
The gold price rose back to $1435 while while silver hit $36.45 per ounce.
Thursday, March 10, 2011
Gold Record High, How to Protect Your Profits / Commodities / Gold and Silver 2011
Larry D. Spears writes: If you bought gold at any time during the first 10 months of 2010, you're sitting on some pretty healthy profits.
And thanks to renewed inflation fears and the growing unrest in Egypt, Libya and other Middle Eastern nations, most forecasters believe the "yellow metal" still has lots of room to run.
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Wednesday, March 09, 2011
China Adviser, Buy Gold Bullion with Nearly $3 Trillion Chinese Reserves / Commodities / Gold and Silver 2011
Renewed fears over eurozone debt have seen the euro fall against most currencies and precious metals today. The yield on Greek 10-year bonds is approaching an alarming 13% after jumping to a new record high of 12.89% today (see bond charts below). The Portuguese 10-year rose to a new record high of 7.7% ahead of today’s auction where they borrowed 1 billion euros in order to avoid a “bailout”.
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Wednesday, March 09, 2011
Rare Earth Prices Soaring: Will Miners Play Catch Up? / Commodities / Metals & Mining
The Middle East Turmoil has created a sell off in equities and a run to the safe haven assets of precious metals and oil. Even though rare earth prices are soaring, many investors have overlooked a key sector which has pulled back providing a bargain opportunity before the rare earth crisis intensifies.
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Wednesday, March 09, 2011
Horizontal Drilling an Oil & Gas Game-Changer / Commodities / Oil Companies
Over the last decade, more and more North American onshore oil and gas (O&G) production has come from past-producing deposits and shale. In this exclusive interview with The Energy Report, Wellington West Capital Oil and Gas Analyst Kevin Shaw talks about the technology behind this shift and how it's affecting sector plays domestically. He also discusses what's happening on the international circuit as North American E&P companies take their newfound know-how and multistage horizontal fracing expertise to new oil and gas hotspots in places like Argentina, Europe and New Zealand.
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Wednesday, March 09, 2011
Currencies and Stocks Suggest Improved Returns from Gold and Silver / Commodities / Gold and Silver 2011
Middle East is still the talk of interest in the commodity markets and the markets have been experiencing substantial volatility over the past weeks. Commodity markets also followed the trend and witnessed highs; Brent traded above US$115 a barrel while gold continues as a safe haven for investors with prices above $1400 per ounce. Apart from geopolitical speculations, precious metals have influenced by currency and stock market moves.
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Tuesday, March 08, 2011
The Gold Price Driver You're Not Watching / Commodities / Gold and Silver 2011
Jeff Clark, Senior Editor, BIG GOLD writes: You already know the basic reasons for owning gold - currency protection, inflation hedge, store of value, calamity insurance - many of which are becoming clichés even in mainstream articles. Throw in the supply and demand imbalance, and you've got the basic arguments for why one should hold gold for the foreseeable future.
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Tuesday, March 08, 2011
Gold & Silver Bifurcation / Commodities / Gold and Silver 2011
Silver has been red hot lately and the silver shares have joined in the fun. Yet, we haven’t seen a corresponding breakout in Gold or in the gold shares (as evidenced by GDXJ and GDX). In the chart below we show SIL (large silver stocks), Silver, Gold, GDXJ (gold juniors) and GDX (large cap golds).
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Tuesday, March 08, 2011
FCX Recovers Off Spike Low / Commodities / Company Chart Analysis
My near-term work indicates that this morning's spike low in Freeport-McMoRan Copper & Gold (NYSE: FCX) at 48.61 followed by a sharp upside reversal above 50.00 (so far) has the right look of the end of the corrective process off of its 1/12 high at 61.34.
If that proves to be the case, then FCX is about to enter a new upleg within its dominant uptrend off of the July 2010 low at 28.36.
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Tuesday, March 08, 2011
Gold Capped by Scrap Selling, Silver Rally Unstoppable / Commodities / Gold and Silver 2011
THE PRICE OF GOLD slipped against a rebounding Dollar in London on Tuesday, briefly losing 1.4% from yesterday's new all-time high as world stock markets extended their losses.
Major government bonds also slipped, while the Dollar knocked almost two cents off the Euro's new four-month high.
Tuesday, March 08, 2011
Silver and Gold Remain Near Record Highs as Greek and Portuguese Debt Hammered / Commodities / Gold and Silver 2011
Silver is higher against all currencies today and remains near yesterday’s 31 year high of $36.75/oz. Gold is slightly higher against most currencies, especially the Swiss franc and euro.
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Tuesday, March 08, 2011
Gold and Silver over the next month or so / Commodities / Gold and Silver 2011
Last month I calculated Silver was about to go ballistic - I think a 28 % price rise is pretty impressive in one month. I presumed gold would follow at a more leisurely pace. It did. Short term though the fundamentals of each are disconnected. Gold is reflective of safe haven mode where as silver is in highly speculative mode.Read full article... Read full article...
Tuesday, March 08, 2011
World's Largest Silver Miner's Monumental Move is Just Beginning / Commodities / Gold & Silver Stocks
Coeur D’alene Mines Corp (CDE:NYSE $34.70) is just beginning its monumental move. I believe we may see its share price double in the next 8 – 12 weeks. This article will provide you with an update of silver’s current parabolic move; detail the underpinnings of Coeur D’alene’s incredibly strong fundamentals going forward into 2011, and expose the powerfully bullish technical outlook for its stock.
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