Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, November 10, 2010
Gold Consolidates in Cautious Trade Ahead of the G20 Summit / Commodities / Gold and Silver 2010
Caution has marked trading in most markets today at the start of the G20 summit in Seoul. Gold is marginally lower in dollar terms but is higher in euro terms due to sovereign debt issues in Ireland and other periphery eurozone states. Gold is also higher in yen which was have fallen sharply today prior to the G20 summit.
Read full article... Read full article...
Wednesday, November 10, 2010
Silver Margin Hike Underscores Need For Bullion Ownership / Commodities / Gold and Silver 2010
On November 9th the Chicago Mercantile Exchange said it will raise its silver futures trading margins by 30 percent to $6,500 an ounce from $5,000 an ounce effective November 10th setting off a rapid sell-off in the metal. No other margin requirement on any other metals was changed.
Read full article... Read full article...
Wednesday, November 10, 2010
Silver (2008) Took the Stairs to $21, Silver (2010) Takes the Elevator to $29 / Commodities / Gold and Silver 2010
Headline today November 9, 2010: Gold and Silver Soar amid New Debt Woes and Gold Standard Talk
The last time the precious metals were in the news was March of 2008. The Future of Silver, According to Adam Smith (1723-1790) was my attempt at humor after I began my lucrative Internet writing career.
Wednesday, November 10, 2010
Silver Explodes, Gold Surges Higher on Fed Money Printing Firestorm / Commodities / Gold and Silver 2010
The precious metals markets are going wild even as I write these words.
This is precisely what we recommended investing in with our online presentation that so many investors are rushing to view right now.
Read full article... Read full article...
Wednesday, November 10, 2010
Gold Finds Bargain Buyers in China, Silver Rallies After 10% Plunge on US Margin-Hike / Commodities / Gold and Silver 2010
THE PRICE OF GOLD AND SILVER recovered early in London on Wednesday following sharp overnight falls sparked by a 30% hike in the margin down-payments required for leveraged traders in US silver futures contracts.
Major-economy government bonds slipped further after the Bank of England forecast above-target inflation throughout 2011, and losses on Irish government bonds pushed 10-year yields to a fresh post-Euro record of 8%.
Wednesday, November 10, 2010
Silver Futures Market Corruption, Open Letter to JPMorgan and HSBC / Commodities / Gold and Silver 2010
Ted Butler, famous silver analyst and the guy who kept up the pressure about the corruption in the silver futures market for the last 15 years, is in the InvestmentRarities.com newsletter recently talking about silver, and notes dryly that "world silver inventories are at their lowest point in 200 years."
Read full article... Read full article...
Wednesday, November 10, 2010
How to Trade Gold Options Using Calendar Spreads / Commodities / Gold and Silver 2010
Most market participants are aware that precious metals have been on fire rocketing higher only to consolidate briefly, gap higher, and leave slowly reacting traders in the dust. The parabolic moves in gold and silver have many potential connotations, but great traders respect price action as the final arbiter and adapt. Since the financial crisis began, many traders have evolved into reactionary lemmings.
Read full article... Read full article...
Wednesday, November 10, 2010
Gold Standard Manifesto / Commodities / Gold and Silver 2010
A great quote from William Osler typifies the evolution of our current monetary system. He said: “The philosophies of one age have become the absurdities of the next, and the foolishness of yesterday has become the wisdom of tomorrow.”
Decades and centuries ago, no one would have done without a hard money standard. The founders wrote in the Constitution that only Gold and Silver could be legal tender. Today our fiat monetary system is firmly in place. Although it has wrecked a once healthy economy, you’d be considered a pagan in mainstream academia if you wanted to abolish it in favor of the gold standard.
Read full article... Read full article...
Wednesday, November 10, 2010
Silver SLV and SLW, What A Climax Run Looks Like / Commodities / Gold and Silver 2010
Does everyone know what a capitulation sell off looks like? That’s where you get those wicked spikes down AFTER you’ve been falling for a period of time. Know what the flip side to that is? CLIMAX RUNS. We bring this up because if you look at SLV and SLW that is exactly what you are seeing.
Read full article... Read full article...
Wednesday, November 10, 2010
Will China's Residential Construction Bubble Hit Copper, Zinc and Nickel Industrial Metals? / Commodities / Metals & Mining
China is the world’s largest consumer of copper, zinc and nickel and also among the leading consumers of other base metals. The country has one of the fastest growing auto sector (which has overtaken the US in size) and has plans for rapid expansion of railroads and other infrastructure segments. Not surprisingly, China’s demand growth is expected to be the single most important factor in determining the direction of metal prices.
Read full article... Read full article...
Tuesday, November 09, 2010
Gold Expected to Peak at Around $1500 / Commodities / Gold and Silver 2010
Regular readers of my articles on Gold over the past few years know that I have a theory on this Gold Bull market. In summary, it’s that we are in a 13 Fibonacci year uptrend that started in 2001, and now we are in the final 4 years of that uptrend. It is in this last 5 year window that I theorized started in August of 2009 that investors really get involved. As the crowd comes in, prices push higher and higher, and then more and more investors come in and so forth.
Read full article... Read full article...
Tuesday, November 09, 2010
Fed Creates Parabolic Move In Gold And Silver, Climax Top? / Commodities / Gold and Silver 2010
After trading through both bull and bear markets and witnessing hysterias and panics I have learned that whatever method you use to buy stocks, you must have a discipline to sell. When I buy I look for support levels and oversold conditions so that a reversal could bring about a major gain and the downside risk is calculated. As I wrote in my buy signal in gold in late July, the conditions were ideal for a major move to the upside. Now the conditions are reaching the extreme opposite, it is overbought and surpassing measured moves and upper resistance lines which mark prior turning points.Read full article... Read full article...
Tuesday, November 09, 2010
Natural Gas Catches a Bid as U.S. Drowns in Supply; Bernanke Cheers / Commodities / Natural Gas
Since commodities have little to do with actual supply and demand in the physical market (as the world swims in oil, and the U.S. in natural gas), and everything to do with the supply of fiat currencies chasing physical assets, let us see if Bernanke can cause natural gas to take off. This has been the one huge laggard of the year, as nat gas is difficult to transport and hence reflects the domestic economic situation more than most other commodities.
Read full article... Read full article...
Tuesday, November 09, 2010
Higher Prices Ahead for Natural Gas / Commodities / Natural Gas
Today's action in natural gas and in the U.S. Natural Gas Fund ETF (NYSE: UNG) argues for higher prices. Increasingly, the pattern that continues to unfold in the UNG since early October has taken the form of a rounded bottom, which if accurate argues for upward pressure into key near-term resistance plateaus at 6.00/05, and then at 6.20/25, each of which if hurdled will trigger potentially powerful short-covering that will propel prices towards my optimal next target zone of 6.60-.70.
Read full article... Read full article...
Tuesday, November 09, 2010
Is the Gold Standard Returning? / Commodities / Gold and Silver 2010
World Bank President Robert Zoellick, a former member of the U.S. Treasury, made his case for bringing back the gold standard. This statement in the Financial Times comes just ahead of the G20 meeting in South Korea.
Mr. Zoellick said, "the system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values."
Read full article... Read full article...
Tuesday, November 09, 2010
Gold "Incredible", Silver "Phenomenal", Short Sellers Squeezed / Commodities / Gold and Silver 2010
THE PRICE OF PHYSICAL GOLD continued to surge in London on Tuesday, taking out fresh all-time highs for US, Canadian and UK investors as European stock markets reversed yesterday's drop and the Euro rallied from a 1-week low on the currency market.
Commodity markets added up to 1.5%, while German Bunds rose but US and UK debt slipped, nudging the 10-year gilt yield back above 3.0%.
Tuesday, November 09, 2010
Gold Takes One More Step Towards Center Stage of the Global Monetary System! / Commodities / Gold and Silver 2010
Before the Gold Forecaster came into being, it had become clear that gold was headed back into the monetary system. Why, you may well ask? It was because of the "Washington Agreement". This agreement changed the tone of central banker's approach to gold. This Agreement inspired the start of Gold Forecaster. Since then the newsletter has forecast the very events that are now taking place and has been right on each of gold's moves in price and in re-acceptance over this last decade.
Read full article... Read full article...
Tuesday, November 09, 2010
Rebirth of the Gold Standard / Commodities / Gold and Silver 2010
When I suggested in an editorial last year that a gold standard should be adopted, I was summarily dismissed in the most condescending fashion by economists and journalists alike who proclaimed that I didn’t understand economics or currencies or monetary history.
Read full article... Read full article...
Tuesday, November 09, 2010
Momentous Week for Gold, Did anybody miss the boat? / Commodities / Gold and Silver 2010
Last week saw a momentous week for gold. The much touted second round of quantitative easing (QE2) from the US Feds sent stock indices and precious metals higher.
Read full article... Read full article...
Tuesday, November 09, 2010
Quantifying What QE2 Means for Future Inflation, Gold and Silver Prices / Commodities / Gold and Silver 2010
Chris Mack writes: Many investors are struggling to understand the ramifications of the recently announced quantitative easing (QE) plan. The bottom line is that QE2 has major future implications for inflation and the price of gold and silver.
Read full article... Read full article...