Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, May 08, 2010
Silver's Plunge, Last Chance to Sell or Buying Opportunity? / Commodities / Gold and Silver 2010
Thursday saw a huge reversal in the general stock market accompanied by huge volume. There seemed to be a selling mood, which accelerated for several hours though the mid-day period. Is this a beginning of a severe plunge or are we likely to see at least a small move higher - and what does this mean for silver? These are the questions that we will deal with in the following part of this essay.
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Saturday, May 08, 2010
Crude Oil Plunges as Turbulence Rocks Financial Markets / Commodities / Crude Oil
In a week of market turmoil resulting from Greece’s fiscal crisis, oil went from an intraday high above $87 on Monday – its highest point in more than a year and a half – to plunge briefly below $75 on Friday.Read full article... Read full article...
Saturday, May 08, 2010
Gazprom vs Shalegas: The victory of the energy colossus / Commodities / Natural Gas
Maninder Batra writes: Shale gas has been touted by the western media as a savior for the West and a silver bullet against Gazprom .In the past few years, due to extreme increase in prices of natural gas prices and betterment of Hydraulic fracturing ,Shale gas became economical .If we were to believe the western media hype and propaganda ,Shale Gas would ruin Gazprom ,a scenario which the anti-russian western media loves to drool over.
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Friday, May 07, 2010
Crude Oil Follows Euro Lower / Commodities / Crude Oil
Crude oil prices have been sinking this week with the plunge in the Euro resulting from serious concerns over the credit worthiness of major European economies including Greece, Spain, and most recently, Portugal.
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Friday, May 07, 2010
Gold Again Rallies on Continuing Risk Aversion and Safe Haven Demand / Commodities / Gold and Silver 2010
Gold has again rallied on continuing risk aversion and safe haven demand. With European equity markets again under pressure and Wall Street threading water with slight losses, traders are choosing to be long gold over the weekend. Gold has rallied in dollars and particularly in British pounds and Japanese yen (see Cross Currency Table). Speculation that the ECB may aid Greece have arrested the recent sharp declines in the euro.
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Friday, May 07, 2010
U.S. Dollar Rally Is Hugely Bullish For Gold, Precious Metals / Commodities / Gold and Silver 2010
For many years, the common viewpoint has been that an inverse price relationship between the United States Dollar and gold constitutes the First Monetary Commandment, and that this Commandment is chiseled into a stone tablet before which markets must genuflect. This false and misleading “Dollar up, gold down” religion has been proselytized at enormous, covert, public expense by the best market manipulations the high priests of Dirty Money have ever been able to buy. This has been done to deceive and delude the people about the true nature of honest money, and its devious, diabolical and immoral imposters.Read full article... Read full article...
Friday, May 07, 2010
Gold $1,200 Will it Hold and Rise? / Commodities / Gold and Silver 2010
That’s what we, at the Gold Forecaster, are doing. After alerting our subscribers at $1,050, and $1,150 with another in between, that gold was turning up while others were pointing to a downturn we feel it is deserved? But far more importantly is the ‘why’ of the matter.
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Friday, May 07, 2010
Gold Mining Stock Valuations / Commodities / Gold & Silver Stocks
As gold stocks continue to power higher in their usual spring rally, they are starting to attract investors’ attention again. This includes some value investors, a group that is always concerned with valuations. Unfortunately, valuation analysis of gold stocks is fairly rare. But I’ve been researching this thread for over 6 years now, and this week is a great time for an update.
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Friday, May 07, 2010
A Small Silver Mining Stock with Big Potential / Commodities / Gold & Silver Stocks
I recently returned from Mexico, where I toured the Royal Mines of Zacualpan project. The project is owned by Minpoza, a subsidiary of IMPACT Silver (IPT on the TSX-V in Canada; ISVLF on the pink sheets in the U.S.). While there, I toured two of the company’s mines — San Ramon and Chivo. I also toured the processing plant and visited other projects, some already well underway, others still being planned.
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Friday, May 07, 2010
Gold Slips from $1210 High / Commodities / Gold and Silver 2010
THE PRICE OF GOLD slipped back from yesterday's huge jump early Friday, drifting 1.3% against the Dollar after reaching a near all-time record at $1210 amid Thursday's US stock-market crash.
The Dow Jones Industrial Average dropped a record 998.5 points at one stage, as $1 trillion was wiped off the value of US equities.
Friday, May 07, 2010
Australia Mining Super Tax Blunder Will Squeeze Global Economic Recovery / Commodities / Metals & Mining
Martin Hutchinson writes: Australia just this week unveiled a mining "super tax" that the country plans to levy against its natural-resources sector starting in 2012.
This is bad news.
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Friday, May 07, 2010
This Is America's Gold Wake-Up Call / Commodities / Gold and Silver 2010
Americans are finally waking up...
And the story behind this chart is the alarm clock:
Friday, May 07, 2010
Gold 'Decouples' on International Debt Crisis, Forecast to Reach $3,000 Per Ounce / Commodities / Gold and Silver 2010
The sharp sell off on Wall Street and with equities internationally saw gold decouple and surge in all currencies yesterday. Oil, commodities and bonds also fell sharply in incredibly volatile trading.Read full article... Read full article...
Friday, May 07, 2010
Copper Again Struggles at 76.4% Resistance / Commodities / Commodities Trading
In early 2010 the recovery in Copper (COMEX) was halted by a long term 76.4% retracement level, although the ensuing pullback proved short-lived. More recently this resistance has been tested again, and again the reaction has been negative.
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Friday, May 07, 2010
Searching for Gold and Silver Miners in Peru / Commodities / Gold & Silver Stocks
Louis James, Senior Editor, Casey’s International Speculator
Last month I visited Peru again, penetrating perhaps a bit deeper but certainly higher up in the Andes than I’ve gone before. No nose-bleeds, but I’m not ashamed to admit that scrambling over rocks in search of boiling textures at 5,300 meters (17,400 feet) elevation left me wheezing like Darth Vader.
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Friday, May 07, 2010
Offshore Gold Miners Not Directly Affected by Australian Resources Tax / Commodities / Gold & Silver Stocks
It has been a hectic week here educating clients about global capital flows and debt cycles. One of the really interesting factors at play Down Under has been the unwinding of the carry trade which accelerated last night. The message it not always understood so I will be preparing a file to explain how this works as further education in the Members area of my site as soon as time allows.
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Thursday, May 06, 2010
Victor Gonçalves Betting on the Raw Materials Investing / Commodities / Metals & Mining
Equities and Economics Report writer Victor Gonçalves says the cobalt story is still yet to come. In this exclusive Energy Report interview, Victor also explains how to tell the real rare earth companies from the wannabes.
The Energy Report: Victor, one of the big headlines since we last spoke is the loan that Europe is giving Greece. Some are calling it an EU bailout. As an economist, how do you see this move?
Thursday, May 06, 2010
Gold Says Goodbye to Gordon Brown At £800 Against U.K. Gold Dumped at Under £200 / Commodities / Gold and Silver 2010
As Britain goes to the polls, gold says "Goodbye" in fine style to the man who dumped half the UK's reserves on the market in May 1999...
HOW SWEET of gold to mark Gordon Brown's last day in power with a new all-time high against the Pound Sterling.
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Thursday, May 06, 2010
Gold and the U.S. Dollar Moving in Tandem / Commodities / Gold and Silver 2010
Interestingly, spot gold prices this morning were up about $11 at $1185, a full $30 above yesterday morning's low, despite continued acute strength in the dollar (weakness in the euro). The panic lift-off in the dollar triggered a mini-panic exodus out of gold from $1193.30 to $1155.90 from Tuesday into late Wednesday.
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Thursday, May 06, 2010
Gold New All time High in Euros and Sterling / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE GOLD broke new all-time highs for Euro and UK investors at Thursday's AM Fix in London, hitting new 5-month high against the Dollar as global stock markets extended this week's near-5% losses.
British voters looked set to elect a "hung parliament", with no single party in clear control.