Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, July 15, 2010
Gold and Silver Rise vs. Falling U.S. Dollar / Commodities / Gold and Silver 2010
Gold & Silver Rise vs. Falling Dollar as Chinese "Take Refuge" in Precious Metals, World Faces "Shortage of Safe Assets"
THE PRICE OF wholesale gold bullion and silver rose against the US Dollar on Thursday, nearing new highs for July at $12.15 and $18.50 an ounce respectively, but slipping in terms of other currencies as government bonds fell and commodities gained.
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Thursday, July 15, 2010
Gold Forecast $3,424 and Silver $86.50 in January 2011 / Commodities / Gold and Silver 2010
As an investor in the precious metals sector no doubt you are getting tired of waiting and probably on the verge of giving up. In our opinion, don’t.
Yes, while many analysts, including us, are optimistic of a great explosion in the share prices of most precious metals shares, our timing has been elusive.
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Thursday, July 15, 2010
Precious Metals In A Jobless Economic Recovery / Commodities / Gold and Silver 2010
Already months into a “recovery,” we're hearing about how this will turn out to be a jobless recovery – that is, the economy will grow without adding any actual jobs or reducing at all the number of unemployed persons. While we would all like to embrace that idea, the theory that an economy can grow without anyone being employed simply isn't practical. However, precious metals investors should like it for one simple reason: higher prices.
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Thursday, July 15, 2010
What are the Differences between Investing Silver and Gold? / Commodities / Gold and Silver 2010
The traditional rule that gold always trades within a range of 20 to 70 times the value of silver may quickly be tested as the financial markets lose their fear and again start investing in stocks, bonds and other investments.
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Thursday, July 15, 2010
Using Gold and Silver Stocks to Survive Debt Deleveraging Deflation / Commodities / Deflation
Newsletter Writer Michael Berry, PhD, is one of the most respected economic strategists in America and a frequent to contributor to The Gold Report. On this occasion, Michael's son, Chris, joins the discussion and shows he's clearly a chip off the Berry block. Among other things, the Berrys discuss the growing fears of deflation as well as several promising junior gold plays in Colombia and the Yukon. It's all part of their "three legs of the survival stool" approach to investing that you will learn about in this exclusive interview with The Gold Report.
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Wednesday, July 14, 2010
Pause, not Reversal, in Gold Flight-to-Safety Trade / Commodities / Gold and Silver 2010
What is fascinating about the enclosed daily charts of spot gold and nearby 10-year T-note futures is that both major trends remain very much intact and dominant despite the recent weakness. In fact, the weakness has NOT violated any meaningful prior pivot low -- in gold at the May 21 low of 1165.74 and in the T-notes at the June 21 low of 119-24.Read full article... Read full article...
Wednesday, July 14, 2010
Gold Price Capped at $1215 by Determined Seller as Pressure Continues to Build / Commodities / Gold and Silver 2010
There is a determined seller of gold over 1215.
This is not profit taking. One does not smash price rallies down to obtain profits from selling actual positions.
Wednesday, July 14, 2010
The Bearish Gold Bull / Commodities / Gold and Silver 2010
I have taken some excerpts from our new GoldOz Newsletter service to construct this article. Even the hedge funds boys are reportedly dazed by market action after their worst performance in 18 months during May. Has it been difficult to assess the markets this year? No it has been extremely hard. This is firstly because of the political and regulatory changes that are clouding the picture. The second difficulty is that we are transitioning into a new financial world and I do not say this lightly.
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Wednesday, July 14, 2010
Gold and Silver Slide, Expanding Eurozone Faces Either State or Banking Insolvency / Commodities / Gold and Silver 2010
THE PRICE OF GOLD and silver bullion edged 0.7% below yesterday's two-week highs in London on Wednesday morning, trading at $1207 and $18.17 per ounce respectively as European stock markets fell for the first session in seven.
The US Dollar rallied from its lowest Euro level in nine weeks, but slipped from a near two-week high vs. the Japanese Yen at ¥89.10.
Wednesday, July 14, 2010
Gold Traded Options at $2,000/oz Surge By More Than 1,000% in 10 Weeks / Commodities / Gold and Silver 2010
Gold rose 1.26% yesterday after the Portuguese debt downgrade; silver rose 2%. Gold has gradually edged up in Asian and early European trade. It may challenge resistance at yesterday's high of $1,217.90/oz but if it falls below the recent trading range of $1,210/oz to $1,215/oz it could quickly fall to short term support of $1,195/oz and $1,190/oz.
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Wednesday, July 14, 2010
Silver Staggering Supply Stats / Commodities / Gold and Silver 2010
I got a June 2010 brochure from silverinsidersreport.com that contained an interesting fact about SLV, the Exchange Traded Fund (ETF) for silver, which is that Peter Keusgen, the writer, says that SLV is “the main alternate source of storage” of silver and “which accounts for around 50% of world silver inventory”! Wow!
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Tuesday, July 13, 2010
The Oil Price, Where is the Next Buying Opportunity? / Commodities / Crude Oil
Brian Hoffman writes: About six months ago I wrote that the technical outlook for oil prices indicated oil prices may drop in the event of a downward breakout from the rising wedge that had formed in the price chart for light crude oil, or that prices should find support at US$85 per barrel if an upward breakout were to occur from that price level. A downward breakout occurred and we are now looking at the possibility of even lower oil prices over the next few months.Read full article... Read full article...
Tuesday, July 13, 2010
Gold Jumps with Silver as Chinese Agency Downgrades Western Debt / Commodities / Gold and Silver 2010
THE PRICE OF GOLD rose on Tuesday morning in London trade, recovering all of Monday's 2.1% drop as new US trade data drove the Dollar lower, and world stock markets extended their week-long rise.
Gold priced in Euros also gained, hitting one-week highs above €31,000 per kilo and reversing an earlier drop after the single currency shrugged off a downgrade to Portugal's debt rating by the Moody's agency.
Tuesday, July 13, 2010
Gold Higher on Portuguese Downgrade and Lingering Concerns of Debt Contagion / Commodities / Gold and Silver 2010
Gold spiked higher today in all currencies as Portugal's downgrading and prices below $1,200/oz led to buying. The euro fell against both the dollar and gold (from €954 to €960 per ounce - see chart) on Moody's two-notch downgrade of Portugal. The downgrade was expected but it has ignited concerns that the European sovereign debt markets remain vulnerable, leading to continuing safe haven demand for gold. Lingering concerns over the European bank stress tests and the European banking system are also supportive.
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Tuesday, July 13, 2010
More Clueless Mainstream Press Commentary on Gold / Commodities / Gold and Silver 2010
Once again we see another bearish piece on Gold in the WSJ. Rather than attack the author personally, we want to illustrate how the article is another example of the lack of any quality gold commentary both in general and in mainstream publications.Read full article... Read full article...
Tuesday, July 13, 2010
Will Gold Eever be a Means of Exchange and Measure of Value? / Commodities / Gold and Silver 2010
When gold is written about as money, it means different things to different people. Money is, after all, what most people see as a means of exchange; you use money to pay for goods and services, simply that.
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Monday, July 12, 2010
Blame Gold and Market Volatility on Summer Doldrums, Not Deflation / Commodities / Gold and Silver 2010
In 2004, Analyst John Lee founded Mau Capital Management, a hedge fund based in Vancouver that invests mostly in junior mining companies. In this exclusive interview with The Gold Report, Lee deflates the deflation argument, discusses why he favors near-term gold and silver producers over early stage explorers, and reveals some of his fund's top holdings.
The Gold Report: Everyone is concerned with the volatility in the markets. What's going on out there?
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Monday, July 12, 2010
Copper: More Than China's Property Market / Commodities / Metals & Mining
Despite an improved risk sentiment, copper price is still sitting at 20% below its April peak mostly from the following concerns:
- Demand slowdown in China as Beijing is attempting to tame inflation and property bubbles
- Recent drop in China copper imports
- “Double dip” in Europe from austerity programs
- Copper is down around 13% for the year so far
Monday, July 12, 2010
Silver’s Historical Correlation with Gold Suggests A Parabolic Top As High As $714 per Ounce! / Commodities / Gold and Silver 2010
Almost 70 respected economists, academics, gold analysts and market commentators (see list below) are of the firm opinion that gold is going to go to at least $2,500 if not as high as $10,000 per ounce (or more) before the parabolic top is reached. As such, just imagine what is in store for silver given its historical price relationship with gold. We’re looking at an extreme case scenario of a future parabolic top of perhaps as much as $714 per ounce for silver, the ‘poor man’s gold’. Let me explain.
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Monday, July 12, 2010
Gold, Silver, Precious and Base Metals Your Best Defense! / Commodities / Gold and Silver 2010
Precious and base metals are not only critically strategic commodities — but what’s happening in those markets are also blatant signs of what may well be the most urgent financial AND strategic dilemma of our time:
The threat to the cornerstone of our nation, the massive financial and debt crisis and their impact on the value of the U.S. dollar, and hence, your wealth.
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