Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, October 01, 2010
Gold Comedic Value of Naked Short Paper / Commodities / Gold and Silver 2010
I tend to get all obsessed with my own problems, mostly about how I never have enough money to do any of the things I want to do because my family is draining me dry with their incessant demands, and my boss won't give me any more money because she says I am already making "a lot more than I am worth," to which she acidly adds, "which is not much to start with," which seemed kind of rudely gratuitous, if you ask me, especially when she said it with that nasty little sneer of hers, and then coming to the coda of the piece by yelling at me, "get out of my office before I have you thrown out!"
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Friday, October 01, 2010
Breaking News: The US Mint Announces 33% Silver American Eagle Price Rise / Commodities / Gold and Silver 2010
BREAKING NEWS: The United States Mint has officially raised their wholesale pricing above spot on American Silver Eagles to all authorized dealers from $1.50 to $2.00, an increase of a whopping 33%. This news comes on the heels of a significant silver spot price rally over the last month to a new thirty year record over $22 per ounce. The impact of this news is significant and has already affected dealer pricing across the country within hours, as prices on Silver American Eagles have jumped over $0.50/oz industry wide.
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Thursday, September 30, 2010
Welcome to the Gold Mania / Commodities / Gold and Silver 2010
Jeff Clark, Senior Editor, Casey's Gold & Resource Report writes: With gold punching the $1,300 mark, thoughts of what a gold mania will be like crossed my mind. If we're right about the future of precious metals, a gold rush of historic proportions lies ahead of us. Have you thought about how a mania might affect you? Not like this, you haven't…
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Thursday, September 30, 2010
Gold's Bullish Technicals Still Intact / Commodities / Gold and Silver 2010
So far today, the weakness in the SPDR Gold Shares (NYSE: GLD) has not inflicted significant technical damage to the Aug-Sept uptrend. To do that, the GLD must break back beneath today's low at 126.61-- and follow through to violate the prior significant pivot low at 125.58.
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Thursday, September 30, 2010
London Bullion Market Association 2010: Hyperinflation Back to the Future / Commodities / Gold and Silver 2010
"Haven't we seen this before, in 1923...?"
The BIG MONEY flows from the biggest trends, of course. But even the brightest people, and with the best of intentions, can struggle to see today what hindsight will say you could have banked on.
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Thursday, September 30, 2010
The Meaning of Gold in the News / Commodities / Gold and Silver 2010
In the last week there have been several interesting developments involving gold. The price of the yellow metal set a new record, breaking through the $1,300 barrier. Meanwhile, a German firm is preparing to install gold vending machines in the United States. The German firm won't be stocking the machines with gold purchased from European central banks, however, because they have halted a decade-long policy of gold sales.
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Thursday, September 30, 2010
Net Asset Value of Certain Precious Metal Trusts and Funds / Commodities / Gold and Silver 2010
I am finding this contraction in the premiums of the gold-only trusts GTU and PHYS to be extremely interesting. Both followed an expansion of the fund's units and large sales of overallocations to the underwriters, providing liquidity not only to expand the trust but also to game the shares.
This expansion facilitates an arbitrage on the premium in which one sells the trust and buys GLD for example. And the holding of units by the underwriters assures a ready supply of shares for shorting, if one assumes that the big punters even bother with the nicety of borrowing shares.
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Thursday, September 30, 2010
Gold Metal-ing In Emerging Markets / Commodities / Gold and Silver 2010
Is it just me or does it seem like every other headline is focused on gold. The rise to $1308 has received top billing and plenty of speculation from analysts on how high it will rise. Silver has joined the party climbing more than 20% over the last five weeks. The base metals are equally impressive relative to gains as the commodities renew their push higher.
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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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