Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, March 11, 2010

Gold Under Pressure as Equities Fall and CFTC Investigates Market Manipulation / Commodities / Gold and Silver 2010

By: GoldCore

Gold fell sharply in a short period of time yesterday in US trading - falling from $1,127.35/oz to $1,103.45/oz to close with a loss of 1.26%. It has range traded from $1,105/oz to $1,109/oz so far in European trading this morning. Gold is currently trading at $1,105.70/oz and in euro and GBP terms, gold is trading at €811/oz and £739/oz respectively. Oil at over $82 a barrel would be expected to lead to inflation hedging buying but is not supporting gold today.

Thursday, March 11, 2010

Gold Ticks Higher as Chinese Savers Hit by Negative Interest Rates / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF WHOLESALE gold bullion ticked higher early Thursday for Dollar investors, but slipped further for Sterling and Euro buyers as world stock markets again held flat together with commodities.

Government bonds fell, pushing the yield offered by 10-year UK gilts up to a 2-week high of 4.14%.

Thursday, March 11, 2010

Gold and the Paper Bubble / Commodities / Gold and Silver 2010

By: Adam_Brochert

Talk of a Gold bubble over the past 6-9 months grows louder and louder. It is comical and a sign of desperation among those losing their grip on the levers of power and influence. I have never seen a bubble so heavily recognized and announced by the very institutional participants who are pouring all their money into it! Will Gold become a bubble? I think it may, which is why I own it. The break out over $1000/ounce last fall has certainly cleared the deck and made it a possibility.

Wednesday, March 10, 2010

Competition for the IMF’s Gold? / Commodities / Gold and Silver 2010

By: Jeff_Clark

Jeff Clark, Senior Editor, Casey’s Gold & Resource Report writes: On February 24, Reuters reported that the Reserve Bank of India was "set to be a buyer" of the 191.3 tonnes (6.74 million ounces) of gold the IMF is selling. Although the bank wouldn't comment directly on the possibility, they did say, "We are closely looking at the gold market... gold is a safe bet."

Wednesday, March 10, 2010

The Seasonality of Gold Has Broken Down / Commodities / Gold and Silver 2010

By: The_Gold_Report

The Gold Report has again interviewed newsletter writer and commentator Lou Paquette, who launched the Emerging Growth Stocks website in 1995 to provide investors and speculators with a unique alternative to what he saw was a growing problem with corporate governance and conflict of interest on Wall Street. He is not counting out the U.S. dollar quite yet as the euro waivers. He also believes that there is no longer necessarily a seasonality regarding gold and gold stocks.

Wednesday, March 10, 2010

What China Wants More Than Physical Gold / Commodities / Gold and Silver 2010

By: DailyWealth

Steve Sjuggerud writes: "A few factors limit our ability to increase [our] investment in gold," China's Chief foreign exchange regulator Yi Gang said in a speech this week.

Investors have long speculated China will start buying gold and selling its hoard of U.S. dollars at some point. (China's hoard could be literally trillions of U.S. dollars.) It would be the first step in a "Doomsday" scenario...

Wednesday, March 10, 2010

Collateral Damage in the Inflationary War on Economic Depression / Commodities / Gold and Silver 2010

By: Adrian_Ash

"Just allow it...just admit it. It doesn't matter where the inflation comes from. Just let it stay..."

SLASHING the Bank of England's base interest rate to an historic low of 0.5% was supposed to "rebalance" the economy...tipping it away from galloping consumption towards an export-led recovery.

Wednesday, March 10, 2010

Gold "Refuses to Fall" as Central Banks Deny Inflation Risk in Low Interest Rates / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD continued Tuesday's late rally this morning in London, rising 1.6% from yesterday's 1-month low vs. the Dollar as world stock markets, government bonds and commodities held flat.

Wednesday, March 10, 2010

Gold Dips, Palladium's Fundamentals and Technicals Remain Positive / Commodities / Gold and Silver 2010

By: GoldCore

Gold dipped quickly in early US trading yesterday to $1,108.00/oz before recovering to close down 0.12%. It has range traded from $1,122/oz to $1,126/oz so far in Asian trading this morning. Gold has risen and is currently trading at $1,125.50/oz and in euro and GBP terms, gold is trading at €829/oz and £756/oz respectively.

Wednesday, March 10, 2010

General Stock Market's Influence on The Price of Gold / Commodities / Gold and Silver 2010

By: Przemyslaw_Radomski

In one of our previous essays we mentioned that the situation in the USD Index appears bearish, but it has not been the main driver of the PM prices lately. It's been the general stock market that used to drive gold and silver prices lately, which means that the situation is now less than perfectly bullish, especially in the short term.

Tuesday, March 09, 2010

Gold Safe-haven Status is Based on Hype Not History / Commodities / Gold and Silver 2010

By: EWI

Gold: Best Supporting Role In Economic Downturns? Think Again

As I sat down to watch the Oscar pre-show on Sunday night, March 7, one word was repeatedly used to describe the celebrity starlets and their designer duds: GOLD. Gold bustiers and gold lame skirts, shiny gun-metal dresses and glittery sequined gowns all basking in the golden shadow of the final golden statue.

Tuesday, March 09, 2010

Gold Slips as Beijing Denies Hoarding, Notes Huge Private Chinese Demand / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE of wholesale gold bullion slipped to a one-week low early in London trading on Tuesday, falling to $1116 an ounce as the US Dollar rose on the currency market.

Asian stocks closed the day flat overall. European bourses lost 0.5%.

Tuesday, March 09, 2010

Gold Catches Traders by Surprise / Commodities / Gold and Silver 2010

By: INO

The move down in gold yesterday surprised many traders and flashed an exit signal based on MarketClub's daily "Trade Triangle" technology. As we have mentioned before, we felt that gold was in a broad trading range and were not optimistic that it would shoot higher.

Tuesday, March 09, 2010

China's Main Currency Reserve "Not Likely" to Be Gold / Commodities / Gold and Silver 2010

By: GoldCore

Gold dipped sharply in US trading yesterday from $1,136/oz to $1,118.50/oz before closing down 1% to $1,120/oz. Gold also fell in pounds, euro and Swiss francs but remains near record nominal highs in these currencies. Gold rose to $1,123/oz so far in Asian trading and is currently trading at $1,119.50/oz and in euro and GBP terms, it is trading at €825/oz and £749/oz respectively.

Monday, March 08, 2010

A Controversy Coming to an Energy Investment Near You, Fracking Fluids Part I / Commodities / Environmental Issues

By: Keith_Schaefer

The controversy surrounding fracking fluids is getting louder. Websites and media savvy organizations are getting more press on this issue, using a very simple and powerful pitch – are the chemicals used in fracking fluids in oil and gas wells contaminating our drinking water?

Monday, March 08, 2010

John Embry Says Gold Will Rise As Confidence Returns / Commodities / Gold and Silver 2010

By: The_Gold_Report

The Gold Report caught up with John Embry, Chief Investment Strategist, Sprott Asset Management, to get his thoughts on gold and some mining stocks he favors. Embry, an industry expert in precious metals, has researched the gold sector for over 30 years. Read about why he thinks gold could gain another 30% this year as a greater proportion of the public realizes the degree of difficulty that sovereign debt is in. He believes as confidence in gold returns people will seek an outlet in gold stocks, especially small-cap gold producers and junior explorers with solid projects.

Monday, March 08, 2010

Greeks Paying the Price for Worshiping the Keynesian False God / Commodities / Gold and Silver 2010

By: Ned_W_Schmidt

The Greeks are learning the tough consequences of worshiping a false god. For years they sought the blessing of Keynesianism, only now to find it comes with a price. Keynes introduced the notion of government debt as salvation, the road to prosperity. Issue debt, and you will prosper. With those words, citizens of many nations turned their minds and ears off to reason. How could so many come to believe that borrowing money was the secret to prosperity? 

Monday, March 08, 2010

An Energy Comeback Story No One is Watching / Commodities / Renewable Energy

By: Q1_Publishing

The world is about to change forever.

The International Energy Agency predicts China will surpass the United States as the world’s largest energy consumer shortly after 2010.

Monday, March 08, 2010

XGD Confirms New Gold Rally / Commodities / Gold and Silver 2010

By: Neil_Charnock

I have fantastic news to report this week.  The XGD has formed a powerful buy signal indicating that the way forward is up again for the Australian gold sector.  I have shown this signal in the daily XGD chart below with some resistance levels overhead which we are currently cutting through with apparent ease.  Chances are that this will continue and that the awaited second leg of the gold rally that began in September 2009 at around US$954 is now back on track. Firstly let us take a look at gold.

Monday, March 08, 2010

Gold Has Not Peaked as Inflation Forces Investors to Take Risks / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF WHOLESALE gold bullion held tightly to last week's close of $1135 an ounce on Monday in London, recovering an early dip for UK and Eurozone buyers as stocks and bonds also stayed flat.

The US Dollar ticked higher on the currency market. US crude oil contracts ticked higher towards $82 per barrel.