Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, September 30, 2010
Gold Hits New Highs for U.S., Indian and Chinese Investors as QEII Gains "Forceful Advocate" / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE gold bullion touched yet another all-time high against the Dollar in London on Thursday, breaking $1315 an ounce as the US currency slid once more on the forex market before easing back.
Investors buying gold today in India and China, the world's two top demand nations, also saw it breach new record highs, as did Canadian buyers.
Thursday, September 30, 2010
Gold New Record Highs as Silver Plays Catch Up, Challenges Long Term Resistance / Commodities / Gold and Silver 2010
Gold has rallied to new record highs in early New York trading again today due to continuing nervousness in markets and much uncertainty about the economic outlook for the coming months. Equity markets are mixed, oil is back over $78 a barrel but most importantly the dollar continues to fall in value against most currencies and especially gold.
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Thursday, September 30, 2010
How to Profit From the Metal That’s More Precious Than Gold / Commodities / Platinum
Martin Hutchinson writes: Gold set another new record yesterday (Wednesday), closing above $1,300 an ounce for the second-straight day. The London Bullion Market Association - at its annual conference this week - projected that the "yellow metal" would advance to $1,450 in the next year.
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Thursday, September 30, 2010
Gold and the Currency Markets / Commodities / Gold and Silver 2010
It is interesting to watch Wall Street defy reality. This is a scene we’ve observed since the early 1960s, the effect of debt on the economy and the nation and in turn on its currency. The result of the profligacy over all those years is the biggest bull market in history in gold and silver. As we write gold is toying with $1,300 and silver with $21.50. Each day a new high is reached in spite of a pending options expiration and the perpetual market rigging and manipulation by the US government.
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Thursday, September 30, 2010
Uranium's Upside Investment Potential / Commodities / Uranium
While the prices of gold and silver are reaching death-defying heights, uranium stocks are waiting in the wings. In this exclusive interview with The Gold Report, Sid Rajeev, head of research for Fundamental Research Corp. in Vancouver, exposes the reasons why now-stagnant uranium plays have more upside than gold or silver. He and his research associate Vincent Weber uncover some plays that allow investors to take advantage of all three.
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Thursday, September 30, 2010
1099 Supply Shock for Gold Buyers / Commodities / Gold and Silver 2010
The 1099 reform in the health care bill passed by Congress and signed by the President has turned the physical gold market upside down. Under the new law, gold buyers and sellers will have to fill out a 1099 on each side of the transaction if the sales price is greater than $600. As a result, many investors who have been buying gold as an anonymous way to protect their wealth are now feeling the heat.
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Thursday, September 30, 2010
The One Man Who Will Make Gold Bullion Sparkle / Commodities / Gold and Silver 2010
Thomas Geissler is a bullion entrepreneur in his own right. His creation, the Gold to Go company, specializes in gold vending machines. These machines are currently in use in Europe and the Middle East to deliver gold to consumers in a number of high end hotels. After apparent success, these new gold vending products will soon come to the United States and help create the next generation of bullion investors.
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Wednesday, September 29, 2010
World According to Gold: Here Comes Tokyo Rose / Commodities / Gold and Silver 2010
Now that gold is muscling its way towards $2,000 an ounce, the forces of ignorance embodied by post-secondary-accredited yet nonetheless clueless commentators are being given voice by government sponsored media outlets such as CNN. Tokyo Rose was the generic handle accorded to any of a dozen women who, during World War 2 broadcast programming designed to undermine the morale of American troops over the radio.
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Wednesday, September 29, 2010
Rare Earth Metals, The Next Gold Rush? / Commodities / Metals & Mining
China and Japan are having a small but potentially painful dispute over the ownership of a small chain of islands in the East China Sea.
These islands have very little significance other than the oil deposits that may lie around them. Whoever owns these islands would have claims to the mineral deposits on the ocean floors surrounding the islands.
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Wednesday, September 29, 2010
Gold Forecast Over $1,450/oz as Implications of Competitive Currency Devaluations Assessed / Commodities / Gold and Silver 2010
Gold has remained well bid above the $1,300/oz level and silver has risen another 0.7% and looks set to challenge the $22/oz level. Participants at the LBMA conference see gold rising to over $1,450/oz over the next year due to concerns about central banks' reaction to the economic crisis. LBMA delegates forecast silver to trade at $24/oz in 12 months time which it is a conservative estimate given the very strong technical and fundamental situation.
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Wednesday, September 29, 2010
Gold Price Blasts through $1300.00/oz Barrier / Commodities / Gold and Silver 2010
Gold prices were drifting lower during the trading session on the London Stock Exchange with a breather being the order of the day. Things changed dramatically when the New York Stock Exchange opened as gold prices reversed their loses, moving into positive territory and taking out the $1300.00/oz barrier to close at $1308.60/oz. Inflation adjustment aside, this is another new all time high, which gives us great pleasure to write about.
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Wednesday, September 29, 2010
Don't Get Shaken Off the Gold Bull Market / Commodities / Gold and Silver 2010
The question now is not whether Gold will go higher or not. Most of us know the primary trend is higher and will continue in the years ahead. The real question is three-fold. Are you invested? How much are you invested? Will you hold on? Going forward, as the bull strengthens and as more come on board the last question becomes most pertinent. Let me present you with some quotes that will elucidate my point.
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Tuesday, September 28, 2010
Gold Bugs Infiltrate Central Banks / Commodities / Gold and Silver 2010
Have Gold Bugs managed to infiltrate the central banks? Or, do we have another indicator of the frothiness of the current Gold market? From CNN.com and Financial Times we read, “In the CBGA’s(Central Bank Gold Agreement) year to September, which expired on Sunday, the signatories sold 6.2 tonnes, down 96 per cent, according to provisional data. The sales are the lowest since the agreement was signed in 1999, and well below the peak of 497 tonnes in 2004-5.(27 Sep 2010)”
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Tuesday, September 28, 2010
Gold, The canary or the elephant? / Commodities / Gold and Silver 2010
Many have been talking over the last couple weeks about gold being the “canary in the coal mine” for fiat money. It would be wise for those who believe the price can only go north, to turn their focus instead, to the “elephant in the room”.
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Tuesday, September 28, 2010
Why Did the Gold Price Start Rising from $275 in 2000 and Still Rising Through $1,300? / Commodities / Gold and Silver 2010
Hindsight is always a satisfying exercise, because you have all the facts, you know what happened eventually and you simply have to find the reasoning that is now established by history. Forecasters can be judged efficiently as to whether they were right or wrong in the light of history after the event, only.
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Tuesday, September 28, 2010
Gold April Disconnect / Commodities / Gold and Silver 2010
Yes I know it is now September, and no this article is not five months late. We have been in a consolidation phase and this has been a very strange year. Gold made a high in May just US$50 below the current record price which is nudging US$1300. At the Northern hemisphere summer solstice, on June 21st this year gold made another high just US$34 below Mondays close.
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Tuesday, September 28, 2010
Gold Only 10% Above 200 Day Moving Average / Commodities / Gold and Silver 2010
Gold rose slightly yesterday as the dollar fluctuated and US stocks suffered small losses but has fallen 0.3% today. Gold was a whisker away from the $1,300/oz level on the spot market yesterday with some very determined sellers at this level. Those holding large short positions may be determined to defend this level in order to protect against further losses. Tentative speculative longs may take profits.
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Tuesday, September 28, 2010
How Investors Can Profit from Junk Silver / Commodities / Gold and Silver 2010
Peter Krauth writes: Despite its name, junk silver is not junk.
Indeed, the term "junk silver" is actually a misnomer, since this form of silver investing has provided excellent returns over the past decade. Junk silver consists of U.S. quarters, dimes, and half-dollars minted before 1965, since coins struck before that time contain 90% silver and 10% copper.
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Tuesday, September 28, 2010
Marc Faber Says Accumulate Gold and Keep it as Cash / Commodities / Gold and Silver 2010
Faber thinks the Chinese yuan, along with other Asian currencies, will continue to appreciate against the weakening US dollar. “We are in an Olympic game in the world to depreciate currencies,” he says.
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Tuesday, September 28, 2010
How Realistic Is Gold $5,000? / Commodities / Gold and Silver 2010
Chris Mack writes: Taking into account 11 key measurements based on historical movements and price ratios, gold is likely to exceed $5,000 and silver is likely to exceed $200 within the next 5 years. If silver reverts to its historical ratio of 16 to 1 with gold, then it could rise even higher. Let me explain.
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