Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, February 03, 2011
How Gold Investors Can Find Real Value in the Ground / Commodities / Gold and Silver 2011
PI Financial Institutional Sales VP David Goguen sees real potential for share price appreciation in select mining companies with expandable resources. Through their quantitative research report Select Golds, Dave's team, including Associate Brodie Dunlop, are focused on Latin American explorers and producers. But they don't stop there; they continue to search the globe for companies moving through the industry lifecycle of advanced explorers and emerging producers all the way up to junior producers. In this Gold Report exclusive, Dave and Brodie share a few mining plays that range in size from micro cap to liquid small cap that offer real opportunity to leverage the power of value.
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Wednesday, February 02, 2011
Gold Flat, Unable to Connect with Mid-East Crisis / Commodities / Gold and Silver 2011
THE PRICE OF GOLD in Dollars held flat for the third day running Wednesday morning in London, trading at $1337 per ounce as silver ticked lower with broad commodity markets but copper prices pushed up to fresh all-time highs.
Clashes broke out in Cairo as protesters demanded President Mubarak leaves office now, not in Sept. as he offered this week, but the gold bullion market's slack response during Egypt's unrest suggests "there is no direct link between geopolitical risk in the Middle East and the gold price," reckons one dealer in a note.
Wednesday, February 02, 2011
Gold Will Reach Unbelievable Price and Silver Will Outperform Gold / Commodities / Gold and Silver 2011
Hopes of economic recovery swept stocks higher in New York yesterday and this confidence spread to Asian equity markets. European stocks are tentatively higher as concerns about Egypt and geopolitical risk may be hampering gains. Oil prices remain near recent record highs (brent rose above $102 a barrel) and there are hopes that geopolitical tensions will subside, markets will remain calm and there will not be panic buying of oil and a new oil crisis.
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Wednesday, February 02, 2011
Egypt Protests Could Lead to $150 Crude Oil / Commodities / Crude Oil
Kent Moors writes: Egypt is hardly the most influential player in the global energy market. Crude oil production has been in decline there for nearly two decades. Since hitting its peak level of 941,000 barrels per day (bpd) in 1993, producion has dropped steadily – falling to 873,000 bpd in 1997, 696,000 bpd in 2005, and finally to about 685,000 bpd currently.
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Wednesday, February 02, 2011
HUI, Gold and Silver Storm Flags Warning / Commodities / Gold & Silver Stocks
The storm warning flags should definitely be hoisted for the HUI, gold, and silver.
The HUI is giving a warning loud and clear. Hecla Mining appears to have completed a five wave move and is now apparently ready to correct that move. Many precious metal shares are in the same position as the HUI and Hecla Mining.
Wednesday, February 02, 2011
Investors Beware of Gold and Silver Pyramid Schemes / Commodities / Gold and Silver 2011
Join silver expert David Morgan of Silver-Investor.com and Michael Maloney in Las Vegas, where the famous Luxor Casino pyramid provides the perfect backdrop for a discussion of the latest gold and silver investment pyramid schemes.
Gold and silver are “honest money,” David says, but “like any financial instrument there’s good and bad in it.” Among the bad: pyramid schemes luring unwary investors with promises of rich profits on silver coins and numismatics.
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Wednesday, February 02, 2011
Silver Butterfly: An Option Trading Lesson / Commodities / Gold and Silver 2011
One of the notes that I keep stuck to my computer reads “remember seasonality”. For those just now becoming familiar with options, you may assume I am reminding myself not to forget deer season or the opening of the season for striper fishing. While these are important dates for many of us to remember, I am reminding myself that there are distinct periods within the options expiration cycle where certain trades work better and give a competitive advantage to the trader who recognizes and takes advantage of this seasonal pattern.
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Wednesday, February 02, 2011
Gold is Bottoming, Longs Will Be Rewarded Soon / Commodities / Gold and Silver 2011
My more recent forecasts for Gold were intermediately bearish from the $1390’s area as we saw a clear triple top breakdown from the 1425-1430 ranges about 8 weeks ago. However, the drop to $1310 fulfills a potential Fibonacci pivot low according to my Elliott Wave views on Gold, and investors can begin building long positions with the following views in mind if I’m right.
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Wednesday, February 02, 2011
Why Gold is Not Going Higher Despite Egypt Crisis / Commodities / Gold and Silver 2011
Despite all the turmoil in Egypt and the Arab world, gold has stubbornly refused to rally. This probably causes great concern amongst the gold bugs and the folks who are bullish on gold.
As we have mentioned before many times on this blog, "perception is more powerful than fundamentals."
Wednesday, February 02, 2011
Crude Oil Price Could Doom Obama / Commodities / Crude Oil
Like death and taxes, the price of oil is always with us. And like taxes, it may be President Barack Obama's worst nightmare at election time next year.
Among forecasters, there is a sharp division between those who see an inexorable rise in the price of oil and those who believe it will stabilize about where it is now.
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Tuesday, February 01, 2011
Gold and Silver Circling Whilst Barrick Takes Out Prior High / Commodities / Gold & Silver Stocks
Gold and Silver prices are circling unchanged today, but the precious metals miners are acting well. Barrick Gold Corp. (NYSE: ABX) just took out its prior high at 48.42 from Jan 28, and although there is no upside follow-through just yet, my near-term pattern work and momentum oscillators point to 50.50-51.00 next.
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Tuesday, February 01, 2011
Gold Loses 5.9% vs. Top 10 Currencies in Jan / Commodities / Gold and Silver 2011
THE PRICE OF GOLD ticked higher for Dollar investors in London trade on Tuesday morning, but slipped against other currencies as world stock markets rose and government bonds edged back.
Copper reached fresh all-time highs, and other base metals hit 2-year highs, after new data showed Chinese manufacturing activity accelerating.
Tuesday, February 01, 2011
Geopolitical Instability in Middle East, Gold Like 1970s? / Commodities / Gold and Silver 2011
Spot gold and silver fell 6% and 9% respectively in January. The January price fall looks very much like another price correction and consolidation and is to be expected after the 30% rise in dollar terms seen in 2010. Absolutely nothing has changed with regard to the fundamentals of the gold and silver market and investors should use this sell off as another opportunity to diversify into the precious metals.
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Tuesday, February 01, 2011
When and How Will the Gold Bubble Begin / Commodities / Gold and Silver 2011
The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any “bubble-like” conditions. In fact, we still see many people referring to this bull market as “the Gold trade,” as if its an aberration that needs to be reversed or corrected. That aside, we know that Gold is under-owned as an asset class. The very well respected BCA Research estimates that globally only 1% is allocated to Gold and that fits with some of the charts that I’ve shown in the past.
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Tuesday, February 01, 2011
Gold Investors Don't Retreat Instead Reload / Commodities / Gold and Silver 2011
When it comes to the 2011 gold price correction, Wellington West Senior Analyst Paolo Lostritto says he's seen worse. He counsels investors to "use this opportunity," if they haven't already, to rebuild gold positions because he foresees upside by the second half of 2011. Of the 19 companies he covers, only a handful will outperform the broader market in any given year. We know you want those names. And in this exclusive interview with The Gold Report, Paolo gives them to you. His colleague, Senior Research Analyst Steve Parsons, also shares his insights on a few of his favorites.
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Monday, January 31, 2011
Gold Investors Stay Focused / Commodities / Gold and Silver 2011
Last week was an eventful week at home and abroad with several events directly showing up in the performance of global markets and the price of gold. On Friday, Egypt’s mayhem in the streets caused uncertainty in the markets, but sent gold shooting up over $21 to close at $1,336.75.On Wednesday, a continuation of the Federal Reserve’s easy monetary policy pushed gold up double-digits. Earlier in the week, a small hedge fund that had overleveraged itself to gold futures blew out its position, causing the biggest ever one-day reduction in futures contracts for the Comex.
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Monday, January 31, 2011
Gold Cuts Friday Surge as U.S. Dollar Falls / Commodities / Gold and Silver 2011
THE PRICE OF gold eased back from near 1-week highs early in London on Monday, cutting Friday's 2.8% surge by one third as Asian stock markets closed the day sharply lower.
European shares also fell, together with US, UK and German government bonds, which nudged interest rates higher.
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Monday, January 31, 2011
Gold Bar Premiums Hit 17-Year High in Hong Kong On Safe Haven Bid on Inflation and Egypt Concerns / Commodities / Gold and Silver 2011
The geopolitical ramifications of the revolution in Egypt and the likelihood that it will spread throughout the Middle East, North Africa and possibly further afield is leading to volatility in markets. Equity indices in the Middle East and Far East were mostly down (except for China) overnight. European bourses were under pressure this morning but have recovered somewhat.
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Monday, January 31, 2011
How to Profit From Obama's New Clean Energy Challenge / Commodities / Renewable Energy
Kent Moors, Ph.D. writes: In last week's State of the Union address, U.S. President Barack Obama issued a national challenge: Take the 11.5% of the U.S. electricity that emanates from clean-energy sources and boost it to 80% by 2035.
As with any game-changing direction - landing a man on the moon in a decade, bringing an end to the Cold War, curing cancer, or weaning our economy off of coal and crude oil - leaders such as President Obama provide the enticement.
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Monday, January 31, 2011
Crude Oil Spikes Like An Egyptian / Commodities / Crude Oil
Images of mass Egyptian protesters clashing with police in Cairo broadcasted around the world shook global financial markets on Friday, Jan. 28. Dow and S&P 500 both dropped more than 1%, while some asset classes such as gold, silver, U.S. Treasuries were hot commodities from safe haven demand.
NYMEX West Texas Intermediate (WTI) also spiked more than 4%, closing at $89.34, while ICE Brent crude for March delivery surged 2.1% to $99.42 a barrel, and touched $99.74 intraday, a new post-2008 high.
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