Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, January 15, 2011
Silver Going Mainstream in 2011 / Commodities / Gold and Silver 2011
Never mind the correction in the price of silver, says Silver Strategies Editor Sean Rakhimov; better things are ahead. "It may be volatile; it may be steep; but it should be short-lived," he says, adding that he expects silver to rise well above its 2010 high at some point in 2011. Some of that price support could come from governments entering the silver market. Find out all the reasons for this and read about some of Sean's favorite silver plays in this exclusive interview with The Gold Report.
Read full article... Read full article...
Saturday, January 15, 2011
Understanding the Proper Use of Gold and Silver / Commodities / Gold and Silver 2011
For a couple of years now, many investors have been bombarded with claims of hyperinflation and a Zimbabwe-like fate for the U.S. dollar. These gold bugs would have you believe that gold has value as a form of currency. They have made these claims hoping that everyone will line up to buy gold, so as to raise the price.
The swarm of gold bugs has reached out to cover every crevice of the media, from television and radio networks to print media and the Internet. And their efforts have been quite effective. Today, gold ATMs are being rolled out across the U.S. to take advantage of the hype generated by this misguided and deceptive movement of gold pumpers.
Read full article... Read full article...
Friday, January 14, 2011
Are Gold Pool Accounts Safe? / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: One of the cheapest ways to buy and store physical gold and silver is with unallocated (or pool) storage. With unallocated storage, a dealer holds metal that is owned by its customers, but without identifying any particular piece of metal belonging to any particular customer.
Read full article... Read full article...
Friday, January 14, 2011
Silver SLV ETF Impact / Commodities / Gold and Silver 2011
Silver’s massive autumn rally has utterly captivated speculators and investors, their appetite for all things silver is insatiable. Interestingly a major driver of this metal’s recent surge was stock-market buying of the flagship silver ETF, SLV. The larger and more popular this fund grows, the greater its ongoing impact on silver prices.
SLV was born in late April 2006, so it is relatively young as far as exchange-traded funds go. Though its birth was shrouded in controversy, SLV has rapidly grown into a smashing success. Now holding $10.2b worth of physical silver bullion in trust for its shareholders, it is already one of the world’s largest ETFs. And as more stock investors get interested in silver exposure, SLV will only continue to grow.
Read full article... Read full article...
Friday, January 14, 2011
How Far Does Gold Drop? / Commodities / Gold and Silver 2011
Open any financial website or periodical and you can find plenty to read relative to the price of gold. Why the concerns and selling of gold currently? The short version is it comes down to the economic outlook. The US economy has been gradually improving along with the employment data and that has impacted part of the reason investors were buying gold, an alternative investment. The improving data out of Europe over the last couple of days relative to the sovereign debt issues facing the EU nations has been put to rest temporarily and that is pushing gold prices lower as well.Read full article... Read full article...
Friday, January 14, 2011
U.S. Dollar, Gold, & Silver Were Down on Thursday – Really? / Commodities / Gold and Silver 2011
The U.S. Dollar Index Futures have been sold heavily and interestingly enough, gold and silver have not rallied. In fact, gold and silver have sold off while the dollar experienced downward price action as well. How does that whole scenario make any sense? I do not fancy myself as an expert in the area of reasoning why a stock or commodity rises or falls. I firmly believe that the media is nearly always wrong as to the real reasons stocks and commodities are rallying or falling.
Read full article... Read full article...
Friday, January 14, 2011
George Soros’s Biggest Buy is Gold - $64 Million in the Last Quarter / Commodities / Gold and Silver 2011
Gold and silver have fallen in most currencies today but are higher in the “commodity currencies” of Canadian, Australian and New Zealand dollars, and flat in Swiss francs. Gold and silver are both slightly higher for the week in US dollar terms but weaker in terms of other currencies.
Gold is currently trading at $1,365.95/oz, €1,023.11/oz and £861.20/oz.
Read full article... Read full article...
Friday, January 14, 2011
Gold Drops 5% for Week On Rising-Rate Fears / Commodities / Gold and Silver 2011
THE PRICE OF GOLD continued to slip for Dollar investors in London dealing on Friday, trading unchanged from last week's finish as world stock markets also fell.
US crude oil contracts pulled back 1% to $90 per barrel, and silver bullion prices gave back the last of this week's 5% rise vs. the Dollar.
Friday, January 14, 2011
Changing to a Silver Economy / Commodities / Gold and Silver 2011
A libertarian in Columbia, South Carolina sent me a message recently. He works at a convenience store. He was interested in introducing silver as a means of payment or currency at this store. His specific ideas I thought would not work because of the taxes on silver. The government treats silver as a collectible subject to income taxes at ordinary rates. He had some ideas of buying bullion and then setting up a market in it by buying at a small discount to the spot price and selling at a small premium, thereby creating a bid-ask spread. He had some idea of getting people to transact in silver.
Read full article... Read full article...
Friday, January 14, 2011
The Coming Flood of Yuan and Chinese Gold Demand / Commodities / Gold and Silver 2011
While China is taking a greater portion of our financial attention on a daily basis, it seems to us that the sheer size of China and its continued growth has not been factored into the world economic perspective, even now. One of the consequences of profit driven capitalism in the past was the relocation of manufacturing from high-cost, developed countries to the lower cost country of China. U.S. corporations that did that, have enjoyed better-than-ever profits, but in the process have educated new, Chinese, lower-priced competition that will overwhelm us all in the future. The enrichment of China and its arrival on the world scene will surpass the U.S. as the largest world economy by 2020 at the latest [we would not be surprised if this happened even before 2015]. This will trigger a financial tsunami that will change they way we think and invest.
Read full article... Read full article...
Friday, January 14, 2011
Forgotten Treasure: Unconventional Crude Oil in the Middle East / Commodities / Crude Oil
Marin Katusa, Casey’s Energy Report writes: As the conventional and cheap oil and gas start to dry up in the Middle East... a bigger, even better opportunity seeks to replace it.
For many who aren't familiar with the region, the Middle East comes across as an updated version of Lawrence's Arabia, only with lots of oil. But this mosaic of cultures isn't made up of only Arabs or Muslims, and most Middle East countries are neither awash with heavily armed, rather excitable citizenry... nor with black gold, which is what we're interested in. Twenty-three countries comprise the Arab League, but only Saudi Arabia, Iraq, Kuwait, the United Arab Emirates (UAE), and Iran are major oil producers.
Read full article... Read full article...
Friday, January 14, 2011
Who, How and Why: Crude Oil $140 and $5 Gas / Commodities / Crude Oil
According to a loosely-organized apocalyptic Christian movement, May 21, 2011 will be the "end of days." On or about that same date, the price of oil in the United States will begin to climb to $4 a gallon, according to two savants of the oil industry.The former is highly unlikely but the latter is very probable.
Read full article... Read full article...
Thursday, January 13, 2011
Crude Oil Prices Push to Two-year High / Commodities / Crude Oil
Oil prices closed at their highest level since October 28th after a settle price of $91.86 on Wednesday. The current (January 13) price is $91.79 on the New York NYMEX for one barrel of light sweet crude futures scheduled for February delivery.
Increased demand for oil, lower inventory levels, and speculative interest are credited for driving oil to its current levels.
Read full article... Read full article...
Thursday, January 13, 2011
Gold Versus Defective Economists and Delusional Leaders on Drugs / Commodities / Gold and Silver 2011
It has always been my opinion that the so-called science of economics in its current form is victim to the problem of not being able to see the forest because of the trees. The fact that 60 percent of 242 members of the National Association for Business Economics think that the U.S. Federal Reserve is doing the world a favour by maintaining non-existent interest rates is hard evidence in support thereof. If you give something away (money) at no cost, then its value is zero. Something is only worth what someone else is willing to pay for it. Why oh why do our illustrious leaders fail to grasp such elementary logic?
Read full article... Read full article...
Thursday, January 13, 2011
Gold Price Manipulation? / Commodities / Gold and Silver 2011
Gold and silver have fallen by less than 1% in all major currencies today. Asian equities were mixed with strong selling seen in India and European equities and US index futures are tentatively higher. Eurozone periphery bonds yields have fallen as have those in Germany (10 year) after rising above 3% in recent days.
Read full article... Read full article...
Thursday, January 13, 2011
Gold "Attractive" as US Bonds Signal Inflation 2011 / Commodities / Gold and Silver 2011
THE PRICE OF GOLD reversed an early 0.8% dip to trade above $1387 per ounce on Thursday in London, as the Dollar slipped following a surprise jump in new US jobless claims.
Crude oil ticked lower from Wedneday's new two-year high, but silver prices also rallied after giving back half of this week's 4.1% gain vs. the Dollar, turning higher from $29.16 per ounce.
Thursday, January 13, 2011
Bullish Sentiment in Gold Abates / Commodities / Gold and Silver 2011
An upward sloping consolidation in Gold that began in October has, despite a lack of any real losses, been enough to improve various sentiment indicators.
Read full article... Read full article...
Thursday, January 13, 2011
Gold, Silver and the Dollar’s Next Big Move / Commodities / Gold and Silver 2011
There is a potentially big setup in precious metals sector along with the dollar which looks like its about to unfold. Since mid-October of last year gold started to show signs of distribution selling. Only a month later in November silver started warning us that some big players were taking some profits off the table also. Distribution selling is easy to spot on the charts. In short you will see heavy volume selling accompanied with strong moves to the downside.
Read full article... Read full article...
Thursday, January 13, 2011
Will U.S. Economic Growth Hamper Gold? / Commodities / Gold and Silver 2011
Has the U.S. economy turned the corner? Mark Lackey with Toronto-based financial services company Pope & Co. is forecasting modest growth and slight inflation. In this exclusive interview with The Gold Report, Mark explains why that shouldn't drive a continued correction in gold prices and shares some companies that are set to prosper—whether they've got an NI 43-101-compliant estimate or not.
Read full article... Read full article...
Wednesday, January 12, 2011
Silver's Tactical Performance / Commodities / Gold and Silver 2011
“Tactical performance” is a word we'll all have to grow accustomed to reading, as more and more weight of the markets is placed in the hands of investment managers or quick acting computer models.
The best example of tactical performance was the first week of trading for the gold and silver markets, when there were numerous “tactical” changes to investment portfolios, as we just witnessed. Such reallocation (taking profits from winners, adding to undervalued losers) is big business, and fund managers like to make such portfolio revisions at a time most convenient: late December and early January.
Read full article... Read full article...