Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, February 23, 2011
Powerful Spike in Crude Oil / Commodities / Crude Oil
By: Mike_Paulenoff
Crude oil's upside pivot reversal off of last week's low at $83.85 has morphed into a powerful spike that has climbed above the prior high of $92.84 to a new, post-Dec 2008 high at $99.94 today.
The explosive upmove has blown through key resistance at $90.15 -- the 50% resistance plateau of the huge $114.87/bbl bear market from July 2007 to Dec 2008. It has hurdled key multi-week resistance at $92.30/90 into what looks like a vicious new upleg that could be heading for a confrontation with the upper channel resistance line, now up near $110.50 to $113.00.
Wednesday, February 23, 2011
Gold $2,300, Silver $150 and Looming Stock Market Crash / Commodities / Gold and Silver 2011
By: Jason_Hamlin
Notes from the Cambridge House Silver Summit - Cambridge House puts on some of the best commodity-focused investment conferences in the industry and this year was no different. The February show in Phoenix, Arizona included presentations from industry heavyweights such as Ted Butler, Bill Murphy, Jay Taylor, Mickey Fulp, John Kaiser and others. Over 40 booths were filled with up-and-coming junior resource miners, including one of my favorite silver plays, Aurcana Corporation (CVE: AUN or AUNFF). Aurcana stock advanced as much as 19% today, the first trading session following the conference. Aurcana just began construction on their Shafter mine in Texas, which is estimated to be one of the top ten largest silver mines in the world. In addition the company is already producing one million ounces from its La Negra mine in Mexico and is projecting a jump to 5 million ounces per year once Shafter comes online.
Wednesday, February 23, 2011
Gold Short Position Could Pay Off With This Scenario / Commodities / Gold and Silver 2011
By: INO
In this 4 minute video I explain exactly what I mean by a "short gold position." It does not mean I am bearish on gold, however the scenario I point out in this video could make money by being short gold and long another important market.
The video points out what the scenario is, and which market you should be long in, against a short gold position. This is an interesting twist and a video you shouldn't miss.
Wednesday, February 23, 2011
Gold Finds Bargain Hunters at $1400 as Saudi King Spends $38bn to Avoid Revolution / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE WHOLESALE LONDON PRICE of physical gold held onto this week's early rise again on Wednesday, pushing back above $1400 per ounce as world stock markets fell and crude oil rose to new two-year highs as fresh anti-government protests hit the Gulf state of Bahrain.
More gunfire was reported in the Libyan capital Tripoli, but eastern cities enjoyed "delirious celebrations" at the demise of Colonel Gaddafi's forty-year regime, according to the BBC.
Wednesday, February 23, 2011
Crude Oil Prices Near $96 as Political Crisis Shifts to Libya / Commodities / Crude Oil
By: LiveCharts
Libya is the latest country facing political upheaval as it nears Civil War. Just a week after Egypt’s President Hosni Mubarak ended his 30-year run by resigning amid public unrest, Libya’s leader Moammar Gadhafi is dealing with similar anti-government demonstrations.
Gadhafi spoke out on Tuesday asking those that support the Libyan government to go on the offensive against the demonstrators, now supported by several army units that have defected from the government.
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Wednesday, February 23, 2011
Solar Power Market Emerging as a Sleeper in 2011 / Commodities / Renewable Energy
By: Money_Morning
David Zeiler writes:
Companies that manufacture solar power equipment had a great year in 2010 thanks to generous government subsidies. While 2011 may turn out to be a year of transition, most solar companies should do well and the long-term prospects for the industry are bright indeed.
Solar power installations worldwide increased 120% in 2010 with 16 gigawatts added, up from 7 gigawatts added in 2009. That brought total capacity to 40 gigawatts, still just 0.2% of the world's electricity generation in 2010. That leaves a lot of room for growth.
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Wednesday, February 23, 2011
The Commodities Boom of 2011: Coal Will Be the New Gold / Commodities / Coal
By: Money_Morning
Martin Hutchinson writes:
The run-up in commodities prices has been a long one. And it shows no signs of abating.
As a Money Morning reader, you know that we predicted this run-up. Back in October 2007, for instance, we told readers to buy gold - when it was trading at $770 an ounce. Those of you who followed our advice have done quite well.
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Wednesday, February 23, 2011
How To Use Gold And Silver To Get Rich On Inflation / Commodities / Gold and Silver 2011
By: Bob_Clark
Below, I look at what is driving the precious metals markets. The US government and the Fat Boys that control the Federal Reserve banking system, both benefit from inflation. We can also benefit, by understanding who, is doing what, to who. In the second part, I suggest a way to use loose money and low interest rates to protect us from inflation.
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Wednesday, February 23, 2011
Gold, China and the West Take Opposite Approaches to Inflation / Commodities / Gold and Silver 2011
By: Rosanne_Lim
Precious metals gained on Friday amid the G-20 weekend summit, geopolitical concerns, and inflationary pressures. Gold traded at $1390 per ounce while silver was at $32.65 per ounce. So far, February has been an interesting month for gold. The development in emerging markets, inflationary pressures in the United States and lingering geopolitical worries have all contributed to its rally.
Wednesday, February 23, 2011
How To Profit From Copper's Next Wave, Follow The Money / Commodities / Metals & Mining
By: Richard_Mills
Urbanization is a macro-trend, in 1800 two percent of the global population was urban, by 1950 it was 30%. Today half of all the people in the world live in cities. This is an economic migration - historically poverty rates are 4 times higher in rural than urban areas. The UN projects that by the year 2030 there will be 1.5 billion more people living in cities.
Investing in copper might be the simplest way to profit from the ongoing global urbanization.
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Wednesday, February 23, 2011
Why I'm Buying Silver at $30 / Commodities / Gold and Silver 2011
By: Jeff_Clark
Jeff Clark, BIG GOLD writes: The silver price has bounced 27% since January 28, a huge advance for a measly 16 trading days. It's already soared past its 2010 high and was selling for less than $16 this time last year, a double in 12 months. So, is it pricy? Or should we ignore the run-up and keep buying?
Tuesday, February 22, 2011
Alternative Energy Investments Are Still at Value Levels / Commodities / Renewable Energy
By: The_Energy_Report
Alternative energy is a catchall axiom referring to any source of power generation and use that can replace fossil fuels, including nuclear, solar, wind and geothermal. Humankind will by necessity adopt renewable energy sources but, like all disruptive ideas, acceptance is preceded by doubt and hesitation, resolution of which comes only after systemic shocks like shortages and rising prices. Jacob Securities Research Director John McIlveen staked out this new economic sector to become one of the first North American analysts to specialize in renewable energy stocks. He believes these industries— particularly geothermal, solar and wind—could present unusual publicly traded opportunities for investors seeking truly unique diversification and significant capital appreciation. John spoke with The Energy Report in this exclusive interview to explain his focus and offer several ideas to round out growth-oriented portfolios.
Tuesday, February 22, 2011
Jewelry Drives the Gold Love Trade / Commodities / Gold and Silver 2011
By: Frank_Holmes
This week, the World Gold Council (WGC) confirmed something we’d already suspected: 2010 was a remarkable year for gold. Overall demand grew by 9 percent to reach a 10-year high on increased jewelry demand, strong momentum in key Asian markets and a paradigm shift in the official sector, the WGC says.
Tuesday, February 22, 2011
Why Are Gold and Silver Breaking Out? / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
We have yet to complete two months of 2011 and so far we have already seen several attempted revolutions in Middle Eastern countries, with so far two of them successful. All of them have been unexpected and have caught the world by surprise. We are on the brink of the next successful revolution [Libya] disrupting the oil market and taking prices so high that we are likely to see them negatively impact growth in the developed world.
Tuesday, February 22, 2011
Gold, Central Banking, Fecks, Lies and Video Tape / Commodities / Gold and Silver 2011
By: Rob_Kirby
The purpose of this article – it’s an attempt to bring some transparency to what’s really happening in the precious metals complex by underscoring the words and actions of players in the Central Banking community. Attention is drawn to the fact that these elitists lie as a matter of policy but are prone to making simple mistakes like all humans do. Specifically, light is shone on the degree to which these same elitists will go to keep their surreptitious market activities ‘secret’ and their irredeemable fiat currencies viable.
Tuesday, February 22, 2011
Russian Klondike Gold Rush is on the way / Commodities / Gold and Silver 2011
By: Pravda
Russia may legalize private gold mining, which was banned in the country during the 1950s. Deputies of the Russian State Duma upheld the initiative, having approved amendments to the law "About Underground Resources" in the first reading. Spokespeople for the Russian regions rich with placer gold, are interested in the amendments.Read full article... Read full article...
Tuesday, February 22, 2011
Silver "Disconnected from Gold" / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE PRICE OF GOLD and physical silver whipped sharply in London trade on Tuesday, falling hard only to rally as New Zealand's second-biggest city Christchurch was struck by an earthquake and Libyan dictator Colonel Gaddafi's defiant appearance on state TV led to accusations of "genocide" and "the government killing its people" by his own diplomats in the Unitd States.
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Tuesday, February 22, 2011
Gold Fever in China Sparks Phenomenon Global Demand / Commodities / Gold and Silver 2011
By: Money_Morning
Don Miller writes:
Inflation risk is driving "explosive" buying of physical gold in China, putting the country on a path to becoming the world's number one gold consumer and driving demand for the yellow metal to a 10-year high.
Chinese demand for gold bars and coins reached 180 tons in 2010, up a whopping 70% from 2009, Albert Cheng, the World Gold Council's managing director for the Far East, said at a news conference last Thursday.
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Tuesday, February 22, 2011
Libya Unrest Boosts Crude Oil, Gold and Silver Prices / Commodities / Gold and Silver 2011
By: Bob_Kirtley
As unrest escalated today in Libya the pressure was felt in the oil world with WTI up $2.17 to $97.50, Brent Crude up $2.26 to $108.00. Gold prices gained $17.50 to close in London at $1406.60/oz, with silver prices adding a huge $1.25 to close at $33.91.
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Tuesday, February 22, 2011
Silver Fractal Analysis Suggests May-June Target of $52-$56 / Commodities / Gold and Silver 2011
By: GoldRunner
Dollar Inflation remains the driver of the pricing environment for almost everything denominated in U.S. Dollars as long as the Fed continues to monetize debt. The debt monetization creates Dollar Inflation that results in Dollar Devaluation. As the Fed ramps up the QE II that they have announced will end in June, I expect Gold, Silver, and the PM stocks to aggressively rise.