Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, February 10, 2010
Physical Gold Bullion Demand Needs Respite in Prices As Chinese New Year Looms / Commodities / Gold and Silver 2010
THE SPOT PRICE of wholesale gold bullion held in a tight range Wednesday morning in London, slipping back from near 4-session highs for US and Euro investors as the Dollar bounced on the forex market.
European equities cut their early 1% gains. The Euro dropped from near 1-week highs after new US data showed a surprise in new mortgage applications.
Read full article... Read full article...
Wednesday, February 10, 2010
Learning from History: The Future Possibility of Silver Confiscation / Commodities / Gold and Silver 2010
The history of confiscation of precious metals is well documented, with literally tons of gold and silver ripped from the hands of ordinary Americans during the financially tumultuous years of the Great Depression. However, history books and academic research rarely shine light into the confiscation of silver and rather focus on gold, even though both were made illegal for a total of 40 years.
Read full article... Read full article...
Tuesday, February 09, 2010
Silver Price Close to Making a Bottom / Commodities / Gold and Silver 2010
Is America going to hell? It certainly seems that way if you read about the “post- American” world and listen to the television news programs that eulogize America’s position as the premier superpower. That is the reason why it was refreshing to read a reassuring article in latest issue of Atlantic Magazine.
Read full article... Read full article...
Tuesday, February 09, 2010
Resources Still The Place To Be Invested, But Watch For Correction / Commodities / Metals & Mining
Adrian Day, President of Adrian Day Asset Management, says that despite hitting yet new highs near the end of the year, there is much further to go for gold and gold stocks. In this excerpt from a recent article, Adrian reviews the resource markets and looks ahead, particularly to gold; recommending several companies for which he is anticipating good things.
Read full article... Read full article...
Tuesday, February 09, 2010
Gold Bounces with Euro as Trichet Hints at Greece Bailout / Commodities / Gold and Silver 2010
THE PRICE OF GOLD slipped from its best level in 3 sessions for both US and UK investors on Tuesday in London, easing back as the Euro currency and Eurozone stocks also cut their early gains.
Government bonds ticked lower, while US crude oil contracts pushed up towards $73 per barrel.
Tuesday, February 09, 2010
Gold Rallies on Increased Sterling an Euro Risk / Commodities / Gold and Silver 2010
Gold rose some 1% in US trading yesterday to close at $1,065.30/oz. It then rallied to over $1,073/oz Asian trading before giving up some of those gains in European trading this morning. Gold is currently trading at $1,066.00/oz and in euro and GBP terms, gold is trading at €779/oz and £685/oz respectively.
Read full article... Read full article...
Tuesday, February 09, 2010
Will Copper Become the “New Gold?” / Commodities / Metals & Mining
Peter Krauth writes: The Statue of Liberty is one of the most recognizable American icons in the world.
And as she towers 305 feet above Ellis Island, what's Lady Liberty wearing? Copper - 60,000 pounds of it.
Tuesday, February 09, 2010
Gold and Economy Recoverygeddon / Commodities / Gold and Silver 2010
This so called recovery is problematic and now it is slowly entering a new dangerous phase. Bank losses have now been eclipsed as the major issue as sovereign debt emerges in a more sinister manner. This is only part of the problem and it will be overcome in the short term leading to resumed market growth. The real problem is the debt cycle and the emerging sovereign default concerns are showing us the future.
Read full article... Read full article...
Tuesday, February 09, 2010
Sovereign Debt Default Risk and the Price of Crude Oil / Commodities / Crude Oil
European and U.S. stock markets have taken a hit recently as spooked investors from Shanghai to Sao Paolo were fleeing risky assets amid concern that the financial crisis in Portugal and Greece could spread through the euro zone with vast implications for the fate of the fragile global economic recovery. (Fig. 1)
Read full article... Read full article...
Monday, February 08, 2010
Gold Price Suffers From Lack of U.S. Money Supply Growth / Commodities / Gold and Silver 2010
The great blizzard that rolled across the eastern United States this past week should have served as an icy funeral pyre for the Global Warming Scam. Charles Ponzi was a rank amateur when compared to the attempt by climate evangelists to extract money from the gullible public. These would be weather Madoffs dream of the money extracted from the public by Keynesian economists, the clear champions of money Ponzi schemes. Money that appears to have been squandered.
Read full article... Read full article...
Monday, February 08, 2010
Electric Cars Materials and Resources Demand / Commodities / Metals & Mining
If electric cars are adopted by the market in the US and abroad, there will be a shift in the relative demand growth rate for certain basic materials.
While global population growth and average global standard of living increases will raise overall materials demand across the board, a move toward electric cars, particularly plug-in electric cars, will change the composition of basic materials demand growth.
Read full article... Read full article...
Monday, February 08, 2010
A Stern Reality Check for Gold Naysayers / Commodities / Gold and Silver 2010
Needless to say, Thursday was nothing short of an orgasmic day for Gold bears and Dollar bulls. The precious metals complex crumbled along with the Euro, while the greenback was higher. In fact, it was such a bad day that Gold officially lost its safe-haven status, according to CNBC. This was also noted by Elliot Wave and The Business Insider. All proclaimed that Gold was no safe haven.
Read full article... Read full article...
Monday, February 08, 2010
Gold Extremely Choppy, Hit by Fund Liquidations / Commodities / Gold and Silver 2010
THE PRICE OF GOLD reversed an early 0.8% gain in London on Monday, revisiting Friday's finish of $1066 per ounce in what dealers called "lackluster" but "choppy" trade after last week's "widespread liquidation."
European stock markets also gave back an initial rally, while the US Dollar held the Euro near Friday's new 9-month lows.
Monday, February 08, 2010
Gold Technically Damaged But Fundamentals Remain Sound / Commodities / Gold and Silver 2010
Gold closed lower in US trading on Friday at $1,057/oz. It traded sideways in Asian trading prior to jumping from $1,066/oz to $1,073.50/oz in early trade in Europe. Gold is currently trading at $1,070.20/oz and in euro and GBP terms, gold is trading at €783/oz and £688/oz respectively. Gold's 2.7% fall (in US dollars) last week led to further technical damage and may embolden some traders to short the market.Read full article... Read full article...
Monday, February 08, 2010
U.S. Dollar Rally Threatens to Upset the Gold Price / Commodities / Gold and Silver 2010
Last week the gold price dropped 2.3 percent. The silver price dropped 7.2 percent and the FTSE 100 index closed down 2.5 percent. Just as everything went up together in 2010 [see our article ‘The Three Major Questions That Will Determine the Gold Price in 2010’] everything comes down together too.
Read full article... Read full article...
Monday, February 08, 2010
Gold Investors Fateful House, $1000 The Buying Opportunity of the Decade? / Commodities / Gold and Silver 2010
“How blind are those who cannot see the forest for the trees?” - John Heywood
Gold’s action was scary last week – for all those who focus only on the short term. But these are precisely the people who cannot see the big picture. And because they cannot see the big picture they cannot predict the big move. And the big money, I remind you, is made in the big move.
Read full article... Read full article...
Monday, February 08, 2010
NYMEX Gold Put Option Trading Alert / Commodities / Gold and Silver 2010
Welcome to The J.E.D.I. Way.
The J.E.D.I. Way will received a fill of $3.00 on its SECOND purchase order of the following put option on Nymex Gold on Monday, February 1, 2010:
Read full article... Read full article...
Sunday, February 07, 2010
Gold to Benefit from Inevitable More Bailouts / Commodities / Gold and Silver 2010
Public and private debt will be printed up out of thin air and used to replace the bad private and public debt plaguing the financial world. As the insanity progresses, more and more will turn to Gold. Whether we are headed for an implosion that is deflationary, inflationary, or both, confidence in our current financial system will become mortally wounded. This is why the Dow to Gold ratio will reach 2 and may even go below 1 this cycle. It's a confidence cycle as well as an economic cycle.
Read full article... Read full article...
Sunday, February 07, 2010
Gold, Stay Away Until the Dust Settles / Commodities / Gold and Silver 2010
Gold looks great if you turn the page upside down. Otherwise, one might just stay away for a while until the dust settles. The NYMEX close for gold was $1052.80 while only an hour or two later the Globex electronic trading showed gold at $1065. One might just wonder what goes on here.
Read full article... Read full article...
Sunday, February 07, 2010
I Knew I Should Have Bought Gold / Commodities / Gold and Silver 2010
I. M. Vronsky, Editor & Partner - Gold-Eagle.
All should be moved by the following dramatic picture and eye-popping gold price charts. The first is an actual photo of currency traders in Sao Paulo, Brazil in early 1999.
Read full article... Read full article...