Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Sunday, March 25, 2012
Gold and SIlver Elliott Wave Trading / Commodities / Gold and Silver 2012
By: WavePatternTraders
The metals made a decent move on Friday and potentially could have started the next stage higher. Back in the beginning of this month, I had penciled in a target range of $1620 target for gold and $30.80 for silver and was working a number of ideas, readers of the newsletter and members have been tracking this along with me, gold and silver have slowly made their way lower.
Sunday, March 25, 2012
Calling Another Bottom in Gold and Silver Stocks Sector / Commodities / Gold & Silver Stocks
By: Adam_Brochert
The last time I called an important bottom in the precious metals sector was on December 29, 2011 (as documented here). Well, it's time for another important bottom. I believe the late December lows in the precious metals (PM) sector were THE lows for the metals, for the GDXJ ETF (a rough representation of the junior Gold mining sector) and for silver stocks (as represented by the SIL ETF). The current bottom is much more important for those seemingly perpetual laggards, the senior Gold mining stocks.
Sunday, March 25, 2012
Asia's Gold Future / Commodities / Gold and Silver 2012
By: Alasdair_Macleod
For most of the last century the default currency for international settlements has been the US dollar. This has given America ultimate power over international trade. In recent months, the US wielded this power against Iran, making life extremely difficult for all Iranians. Importantly it has interrupted oil trade with India, China and Japan. Furthermore SWIFT, the Belgian-based international banking settlement agency, has halted all Iranian interbank transfers.
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Saturday, March 24, 2012
Randgold Highlights Mining Risk as Turkey Seeks Gold Bullion / Commodities / Gold & Silver Stocks
By: Eric_McWhinnie
On Thursday, gold prices declined to $1,642.50 per ounce, while silver fell nearly 90 cents to settle at $31.35. Both precious metals have declined over the past few weeks. While short-term corrections in bullion prices can be frustrating for investors, the pullback in miners has been even more pronounced. In the past month, the Market Vectors Gold Miners index declined almost 11 percent, while the Market Vectors Jr. Gold Miners index has fallen 14 percent. However, both indices fail to compare to the steep sell-off seen in Randgold Resources.
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Friday, March 23, 2012
China Reaches Peak Coal / Commodities / Coal
By: Andrew_McKillop
Coal presently supplies about 67% of China's commercial energy but its National Energy Administration, 21 March, released its five-year 2011-2016 plan for Chinese coal, which features a near-term peak, and then decline of coal in the energy economy. The world’s largest user and producer of coal intends to limit domestic output and consumption of the commodity by 2017, to reduce pollution and to curb reliance on this fuel, which also faces a rising number of supply problems from reserve depletion to coal import costs, infrastructure and transport needs.
Friday, March 23, 2012
Gold Stocks Panic Levels / Commodities / Gold and Silver 2012
By: Zeal_LLC
The beleaguered gold stocks have spiraled lower this month, heaping misery on poor fools like me naive enough to invest in them. Dwindling interest and capital has left this realm a desolate wasteland, I’ve rarely seen anything so deeply out of favor. In fact, relative to gold the gold stocks are now back down to levels only seen briefly during 2008’s epic stock panic! Are they dying, gasping their last breath?
Friday, March 23, 2012
Nuclear Power Good Intentions Bad Directions / Commodities / Nuclear Power
By: Richard_Mills
One Year On - International Atomic Energy Agency
"Beneath the Pacific Ocean's floor deep in the Japanese trench, tectonic plate boundaries slipped repeatedly, triggering one of the most severe earthquakes in recent history. The earthquake's epicenter lay off the eastern coastline of Japan near the Fukushima Prefecture. The plates' movements generated a tsunami that swiftly drove forward ranks of waves towards the earthquake-battered Japanese coast.
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Friday, March 23, 2012
Bullish Outlook for Gold and Silver Stocks Sector Holds / Commodities / Gold & Silver Stocks
By: Przemyslaw_Radomski
It’s tough being a lone voice saying that gold prices will go up when they have tumbled and the financial press is writing obituaries for the gold bull market. It’s also encouraging being a lone voice saying that gold prices will go up precisely because it means that the general sentiment is very bearish and this is what we see at major bottoms. Gold has gotten clobbered and silver has taken a beating as Treasury yields surged and markets are moved by optimism that a recovery has gained traction. Fears over an implosion in the Eurozone seem to have receded. February’s jobs report signaled a strengthening recovery. Greece’s widely expected default has momentarily taken Europe’s sovereign debt crisis off the radar screen. UBS’s Edel Tully has lowered the one-year price target of gold to $1,550 an ounce, a 12.7% downgrade.
Friday, March 23, 2012
Investors "Looking to Short Gold" / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE WHOLESALE MARKET price of buying gold bullion climbed to $1658 an ounce shortly after US markets opened on Friday – matching the level it rose to four hours earlier when London began trading – as European stock markets edged lower and commodity and government bond prices rose.
The cost of buying silver meantime hit $31.87 per ounce – 2.2% down on last week's spot market close.
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Friday, March 23, 2012
Gold to Rise to $1,850 On Inflation and Currency Debasement / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,651.00, EUR 1,246.04, and GBP 1,040.85 per ounce. Yesterday's AM fix was USD 1,636.00, EUR 1,243.16 and GBP 1,035.97 per ounce.
Silver is trading at $31.65/oz, €23.92/oz and £19.99/oz.Platinum is trading at $1,617.00/oz, palladium at $649./oz and rhodium at $1,425/oz.
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Friday, March 23, 2012
Silver Wheaton Corporation Triples Quarterly Dividend Payment / Commodities / Gold & Silver Stocks
By: Bob_Kirtley
Silver Wheaton Corporation (SLW) Q4 Earnings have been reported as $0.41 which is around the Mean for the analysts who's expectations were in the order of US$0.460 US$0.406 US$0.370. Hopefully this result will be reasonably well received as it is in line with expectations. When earnings fall short they tend to disappoint the analysts and subsequently the stock can be sold off.
Friday, March 23, 2012
Next-Generation Nuclear Power / Commodities / Uranium
By: The_Energy_Report
Can the nuclear industry sustain itself with a once-every-ten-years accident frequency? Absolutely not, says Tom Drolet, principal of energy consulting firm Drolet & Associates Energy Services Inc. However, with new reactor technology underway, the industry has an opportunity to show the public it can safely generate reliable, affordable low-emissions energy. In this exclusive interview for The Energy Report, Drolet outlines his vision for U.S. energy policy and how next-generation nuclear energy figures into it.
The Energy Report: Tom, you recently gave speeches in Vancouver and New York City on American energy policy. Please share with us your view of nuclear energy and its role in American power generation.
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Friday, March 23, 2012
Governments Gunning for Gold / Commodities / Gold and Silver 2012
By: Ben_Traynor
Q: What links Turkey, India and Vietnam? A: Weak currencies, trade deficits – and a suspicion that gold is to blame…
HERE'S the scenario: a falling currency, a widening trade deficit, and a population buying more and more gold. What's the result? Well, it tends to be an unhappy government – followed by a policy response.
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Friday, March 23, 2012
Silver Painted Into Potential Head and Shoulders Top’s Neckline / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
After silver staged a dramatic false upside break in late February that whipsawed many bullish traders, the price action has since been forming what appears to be a bearish head and shoulders top pattern on the daily charts. The keyword is staged, as the decline could not have been more ‘unnatural’ from a technical standpoint, yet the nature of these moves are rarely questioned.
Friday, March 23, 2012
FOMC Statement Sends (The Perception of) Silver Sharply Lower as QE3 Hopes Fade Further / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
The Federal Reserve’s Federal Open Market Committee or FOMC released a somewhat more optimistic rate statement on Tuesday, March 13th.
The FOMC made no mention of further quantitative easing measures in its latest statement, thereby further reducing (managing) expectations of additional quantitative easing measures, and ‘prompting’ a notable selloff in silver.
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Thursday, March 22, 2012
Resource Investors and the PDAC Curse / Commodities / Gold & Silver Stocks
By: HRA_Advisory
It's that time of year again. Thirty five thousand people descended on Toronto to take part in the largest mining industry confab in the world. The PDAC has become famous for the broad range of attendees, the numerous parties and the gouging by local hotel operators. In case you only go to Toronto for PDAC, $500 a night is not the usual price for a three star hotel in Hog Town.
For resource stock investors, the PDAC famous for something more sinister; the "PDAC Curse". So far this month is looking like this annual scourge is alive and well and making life miserable for resource stock traders yet again.
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Thursday, March 22, 2012
Why Gold Can Go the Distance / Commodities / Gold and Silver 2012
By: Frank_Holmes
Gold’s been knocked down lately, but several enduring factors have conditioned the yellow metal for an inevitable comeback.Since the beginning of 2012, gold has trailed its precious metals peers, gaining only about 6 percent compared to double-digit returns for silver and platinum. At the end of February, gold was especially hard hit, following Ben Bernanke’s announcement that there would be no additional quantitative easing and the European Central Bank offering additional LTRO loans to banks.
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Thursday, March 22, 2012
China Economic Contraction Sees Gold Fall Again / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE bullion fell hard in early London trade on Thursday, with the gold price dipping to nearly its lowest level in 2012 as world stock markets and commodity prices also fell.
India's jewelry sector remained on strike in protest at last week's doubling of import duties, and "with physical demand not at full strength and waning investor enthusiasm, the potential for further downside in [the gold price] remains exposed," says today's note from Standard Bank.
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Thursday, March 22, 2012
Buy This Gold Dip As $2,000/oz Possible / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,636.00, EUR 1,243.16, and GBP 1,035.97 per ounce. Yesterday's AM fix was USD 1,656.00, EUR 1,248.21 and GBP 1,042.95 per ounce.
Silver is trading at $31.80/oz, €24.17/oz and £20.14/oz. Platinum is trading at $1,617.50/oz, palladium at $669.75/oz and rhodium at $1,425/oz.
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Thursday, March 22, 2012
Crude Oil Prices And The 'Peak Oil' Environment / Commodities / Crude Oil
By: Andrew_McKillop
Peak Oil can be defined at least 4 ways but one way is simple: Peak Oil is when supplies and stocks are tight enough, relative to demand, to make price slides short and price hikes long, until and unless the economy tilts into recession or by policy decision in response to a dysfunctional and parasitic bank, finance and insurance sector is either pushed or allowed to fall into recession.