Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, October 25, 2010
Gold Reacts and Mining Sector Benefits / Commodities / Gold and Silver 2010
In this exclusive interview with The Gold Report, investor, mathematician and former fund manager Michael Berry, PhD, tells us he is bullish on gold, which he expects will double or more in price in the not-too-distant future. In the meantime, with organizational skills developed in a previous career as professor of investments, Berry has created a 10-point "Discovery Investing" (DI) model by which all stocks in his universe are graded. For his own portfolio and as well as his Morning Notes newsletter, he has staked out plays on several small- and micro-cap mining stocks that he expects will perform quite well through either price appreciation on discoveries or takeover.
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Monday, October 25, 2010
Gold Continues to Outshine the Field / Commodities / Gold and Silver 2010
Peter Grant writes: It has been another stellar year for gold, which appreciated 31.26% in the 12-month period ended September 30, 2010. Only the Liv-ex 100 Fine Wine Index performed better, albeit nominally so. Nonetheless, let’s raise a glass to those two fine investments, gold and wine! No wait! Not the good stuff!
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Monday, October 25, 2010
The Myth of Peak Oil and Why Peak Oil is Overrated / Commodities / Crude Oil
While the peak oil theorists keep consistently declaring that the world oil is going to peak and that society is going to collapse soon afterwards .But these peak oil theorists only consider conventional onshore oil while making their apocalyptic prophecies .but they do not consider the development of new technologies that have enabled the extraction of heavier and unconventional oils like tight oil, bitumen tar sands, extra heavy oil, oil shale.
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Monday, October 25, 2010
Buyers Pour into Gold and Silver Rally After G20 Failure / Commodities / Gold and Silver 2010
THE PRICE OF PHYSICAL gold bullion rallied 1.2% against the Dollar and 0.8% against the Euro in Asian and early London trade on Monday, rising as "buying poured into the market" after the weekend's inconclusive G20 summit, according to one Hong Kong dealer.
"It was practically a one-way street. Every pullback was minimal and attracted more buying."
Monday, October 25, 2010
Gold $1,400, Marc Faber Will Never Sell Gold as Long as Bernanke Keeps Printing Money / Commodities / Gold and Silver 2010
Gold on reaching 1400, Marc Faber says he will never sell his Gold as long Bernanke keeps printing money.
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Monday, October 25, 2010
Gold at the Foothills of a Market Mania / Commodities / Gold and Silver 2010
The connotation of "foothills" is a perfect way of stating precisely where we are at in the collapse of the US Dollar based global financial system and the return of the king, gold, as money. It is perfect because while we are certainly seeing a movement towards a mania, with gold hitting fresh all-time highs in US Dollar terms on almost a daily basis throughout September and much of October, we are still far from reaching the top of the mountain.
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Sunday, October 24, 2010
Has Gold Fallen Far Enough? Not Necessarily / Commodities / Gold and Silver 2010
We’ve heard a lot about the currency war, but next thing you know they’ll be calling it the McCurrency War. If we needed any proof that the Chinese yuan is 40 per cent undervalued, we finally got it from the Economist. The magazine’s famous Big Mac Index compares the prices of a Big Mac in various countries making exchange rate theory more easily digestible.
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Sunday, October 24, 2010
Gold Price Drop Nothing Unusual After a Long Bull Run / Commodities / Gold and Silver 2010
It was a bummer of a week but progressed as expected. So far the decline in gold price is nothing unusual and after a long upward climb, to be expected. How far down? That’s a good question. Good support around the $1250 mark but it might not even go that far. Stay tuned.
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Sunday, October 24, 2010
Gold Five Wave Bull Market Top? / Commodities / Gold and Silver 2010
“Time is the most important factor in determining market movements because the future is a repetition of the past and each market movement is working out time in relation to some previous Time Cycle.”
“You should always figure the time from any top or high level to the next top or high point. Also figure the time from any low level to the next low level. Then figure the time from a low level to a high level and the time from the last high level down to the low level. By doing this, you will know when Time Periods balance or come out about the same as a previous move. This is balancing of time. By knowing these dates and prices, it will help you to determine the duration of the next move.”
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Sunday, October 24, 2010
Gold and the Great Depression; the Great Myth / Commodities / Gold and Silver 2010
As I peruse the usual financial sites that I am also fortunate to be on, I noticed an article that made a reference about gold and the Great Depression. The writer normally covers investing and the financial markets but this time he veered into a topic that I have had a keen interest in since my college days; the Great Depression.
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Sunday, October 24, 2010
Lunar Gold Rush as NASA Discover Precious Metals on the Moon / Commodities / Gold and Silver 2010
Scientists have discovered that the surface of the Moon does actually contain deposits of the precious metal.
They made the "surprise" discovery after blasting a rocket into a lunar crater last year in order to find out whether it contained water.
Sunday, October 24, 2010
Hot Commodities, The Place To Be Invested / Commodities / Investing 2010
As one watches the day to day advice on CNBC, you will notice that we are inundated with stock advice. Bank of America this, Goldman Sachs that, and of course Apple Computer will run the world shortly. But when it comes to commodities, they are rarely explored with the exception of gold, copper and oil.
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Saturday, October 23, 2010
Negative Technicals for Gold / Commodities / Gold and Silver 2010
As our proxy for gold, let's have a look at the big picture of the SPDR Gold Shares ETF (NYSE: GLD). As we enter the final hour of the week, let's notice that the GLD appears to have held lows in the 128.80 area against its July-October up trendline, which preserves its near term uptrend. That said, however, the "Island (Cluster) Top" that was put in during the Oct 14-Oct 19 timeframe remains valid and represents a very powerful negative technical influence on the GLD.
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Saturday, October 23, 2010
Hold on to Gold, U.S. Government and Banks are Lying on Unemployment and Mortgage Fraud / Commodities / Gold and Silver 2010
Predicting ongoing waves of mortgage delinquency, illiquidity and bank insolvency, 321gold's Bob Moriarty envisions a temporary financial holiday followed by a return to the gold standard. While he finds several solid investment opportunities among mining equities, he says the safest strategy is having "a $20 U.S. gold piece in your right hand and a 1 oz. gold bar in your left." In this exclusive interview with The Gold Report, Bob explains how the U.S. government "is lying" about unemployment figures and banks "are lying" about supposed mortgage reviews that find no fraud involved and recommends investors have "a triangle of investments"—the most important of which are physical precious metals.
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Friday, October 22, 2010
G20 Gold Convertable, Be Careful What Geithner Wishes For... / Commodities / Gold and Silver 2010
"There are more tears shed over answered prayers than over unanswered prayers..."
– Teresa of Ávila, patron saint of headache sufferers
IT'S FIVE YEARS and $1.7 trillion of Chinese foreign reserves since the People's Bank of China ended its decade-long peg to the Dollar – the one at CNY8.3 which it had defended through the late '90s Asian Crisis and again as the Dollar first began its long decline in the early Noughties.
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Friday, October 22, 2010
Crude Oil Prices Are Going Higher! Here’s Why / Commodities / Crude Oil
Chris Mack writes: Global crude oil production has leveled off at 74 million barrels per day. However, now that economies are recovering, consumption levels are back on the rise and the result will be an inevitable rise in oil prices.
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Friday, October 22, 2010
Gold, G20 Capital Controls or Chaos? / Commodities / Gold and Silver 2010
Gold dropped too $1,314.5 before recovering to $1.325. It seems that this was due to the G-20 proposals from the U.S. indicating a possible attempt at calming currency markets. This weekend the G-20 is meeting to discuss the current currency turmoil in the markets. Usually this is a meeting where little happens, but this time the U.S. has proposed that countries in the Group of 20 limit current-account surpluses or deficits to no more than 4% of each nation's gross domestic product by 2015. It met opposition from Japan and some developing economies.
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Friday, October 22, 2010
Gold Rally Not as Strong as it Appears - Dollar Distortion / Commodities / Gold and Silver 2010
Gold has enjoyed a relentless and rather one-sided rally since late July. Up 18.9% at best over an 11-week span where nearly 2/3rds of the trading days enjoyed gains, some traders are wondering if this metal is getting overbought. Tuesday’s sharp 2.9% retreat certainly amplified these fears. But interestingly, due to dollar distortion this recent gold rally isn’t as strong as it appears.
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Friday, October 22, 2010
Gold Falls to 3 Week Low Ahead of G20 Summit / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE gold bullion fell to 3-week lows against the Dollar on Friday morning in London, sliding 5.1% from last week's all-time high – and dipping below $1316 an ounce – before steadying as the US currency eased back on the forex market.
Asian and European stock markets were muted, and major-economy bonds were little changed, but US crude oil contracts rose sharply to $81.50 per barrel.
Friday, October 22, 2010
Gold Correction Continues as G20 Meet to Discuss Currency Wars / Commodities / Gold and Silver 2010
Gold is lower today as the dollar has continued to eke out gains ahead of the G20 summit where competitive currency devaluations and currency wars are set to be discussed. Gold is down 0.3% in dollars and has fallen in most currencies except for the Swiss franc which is under pressure today.
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