Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, November 01, 2012
Why Crude Oil Prices Can't Collapse / Commodities / Crude Oil
Dr. Kent Moors writes: The markets opened again yesterday after the tragic storm across the East Coast.
In a world ravaged by storms, geopolitical tensions, rising demand, supply concerns, and increasing costs, it's important to know what's really driving oil prices moving forward.
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Wednesday, October 31, 2012
Why is Crude Oil Price Falling? / Commodities / Crude Oil
After a losing streak, crude oil futures fell as low as $85.69 a barrel -- the lowest price since July.
Predictably, the mainstream energy market observers have blamed the drop on "global economic worries." Of course, we have pointed out before how, on one recent occasion, oil fell in the face of positive economic expectations. And on another recent occasion, oil fell despite the absence of any real news, period.
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Wednesday, October 31, 2012
Central Banks Gold War Begins! / Commodities / Gold and Silver 2012
A nasty Golden Harp could soon have its cords plucked, with the resonance working to shake loose the bankster cover of improper illicit duplicitous and probably highly illegal usage of Allocated Gold Accounts. When diverse scattered accounts are pilfered and depleted without authorization in Switzerland, resulting in several multi-$billion class action lawsuits in Zurich, all kept dutifully out of the news, that is one thing. But when a few key official government gold accounts are ransacked in systematic fashion from established trusted locations, defying and betraying the trust of the German Govt and other national governments, that is quite another. To be sure, the system can tolerate ransacking and replacing with scurried harried efforts the Venezuelan gold account like in 2011. The media told the story with creativity and aplomb, avoiding the truth, inventing a tale, but finding a credible pile of dung to feed the public, which swallowed it whole.
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Wednesday, October 31, 2012
Incredible Gold Charts Show Bullish Outlook / Commodities / Gold and Silver 2012
Technical analysis is a great tool for analyzing where the market has been. Since human beings almost always behave in cyclical fashion, we can observe patterns in market action that tend to repeat. Combined with fundamental studies, TA is applied to the markets by virtually all of the successful traders.Some patterns occur so often that names have been assigned to these patterns such as: ‘Head and Shoulders’, ‘Cup with Handle’ and ‘A.R.A.T.’
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Wednesday, October 31, 2012
United States Continuing Decent into Debt Will Push Gold Price Higher / Commodities / Gold and Silver 2012
Way back in the 1970’s the US began a fateful transition, a transition where we started to confuse the concept of an asset with that of a debt. After the Great Depression it was frowned upon to have debt and that included mortgages on a house, and when a mortgage was paid off all the neighbors would get together and celebrate the event. In fact they would usually burn the cancelled document after consuming a reasonable quantity of alcohol! Well, those days are long gone. Thanks to the Alan Greenspan’s and Ben Bernanke’s of the world, debt was mistaken for an asset. The biggest offender, and role model for the world, is of course the US Federal Reserve.
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Wednesday, October 31, 2012
Gold in Consolidation Phase ad US Markets Re-Open / Commodities / Gold and Silver 2012
WHOLESALE gold bullion prices rallied to a one-week high at $1720 an ounce Wednesday morning in London, though they still looked set to record a loss on the month, while European stocks opened higher before losing some ground and US markets prepared to re-open after being closed for two days.
Silver bullion climbed to $32.37 an ounce, also up on the week, while oil and copper ticked higher and US Treasury bonds fell.
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Wednesday, October 31, 2012
If Obama Wins Gold Is Going To Go Through The Roof / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,718.00, EUR 1,321.54, and GBP 1,065.89 per ounce. Yesterday’s AM fix was USD 1,713.50, EUR 1,322.66, and GBP 1,067.07 per ounce.
Silver is trading at $32.78/oz, €24.93/oz and £20.12/oz. Platinum is trading at $1,578.75/oz, palladium at $604.75/oz and rhodium at $1,070/oz.
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Wednesday, October 31, 2012
'Tis The Season For Gold Stocks / Commodities / Gold & Silver Stocks
Gold and gold stocks typically start to advance in the 4th quarter. This year that pattern appears to be right on schedule.
Canada has a great number of gold stocks. Here are four that look as if they are starting the normal season movement.
Tuesday, October 30, 2012
Crude Oil Price and Oil Stocks Seasonality, Trend Forecast / Commodities / Crude Oil
Crude oil has had some large price swings this year and another one may be on its way. This report shows the seasonality of crude oil along with where oil is trading and what the oil service stocks are telling us is likely to happen going into year end.
Since WTI Crude Oil topped out in September at the $100 resistance level (Century Number) many traders are looking for a bounce or bottom to form in the next week. Historical charts show that on average the price of oil falls during November and the first half of December.
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Tuesday, October 30, 2012
Gold Supply Issues Offer Additional Price Underpinnings / Commodities / Gold and Silver 2012
Gold turned defensive in recent weeks, weighed by global growth concerns, persistent economic uncertainty in the eurozone and the United Sates, along with a rising lack of clarity about the likely outcome of next week's U.S. Presidential election. However, downside potential is thought to be limited by continued robust demand for the precious metal as a hedge against the global debasement of fiat currencies, as well as ongoing central bank demand for the purposes of reserve diversification.
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Tuesday, October 30, 2012
President Romney "Would Be Bad News for Gold" / Commodities / Gold and Silver 2012
THE SPOT MARKET gold price traded just below $1715 an ounce during Tuesday morning's London session, little changed from last week's close, while European stock markets recovered their losses from a day earlier and UK and German government bond prices fell.
"Downside targets will be in focus while the gold price stays below the 17 October high at $1753.86," says Commerzbank senior technical analyst Axel Rudolph.
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Tuesday, October 30, 2012
Gold Being Remonetised As Banks In Turkey Target Gold Worth $302 Billion / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,713.50, EUR 1,322.66, and GBP 1,067.07 per ounce.
Yesterday’s AM fix was USD 1,712.00, EUR 1,326.72, and GBP 1,066.00 per ounce.
Silver is trading at $32.01/oz, €24.80/oz and £19.99/oz. Platinum is trading at $1,551.50/oz, palladium at $593.25/oz and rhodium at $1,075/oz.
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Tuesday, October 30, 2012
Where Should Gold Be Based On Inflation? / Commodities / Gold and Silver 2012
Since the Financial Crisis erupted in 2007, the US Federal Reserve has engaged in dozens of interventions/ bailouts to try and prop up the financial system. Now, I realize that everyone knows the Fed is “printing money.” However, when you look at the list of bailouts/ money pumps it’s absolutely staggering how much money the Fed has thrown around.
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Monday, October 29, 2012
A Silver Lining For When Currency Dies / Commodities / Gold and Silver 2012
The global economy seems to be on a one way path to eventual destruction as interest continues to accumulate on the massive word-wide debt.Budget and trade deficits keep growing, but unfortunately without an engine for real and sustainable growth.
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Monday, October 29, 2012
Silver Futures - Concentration, Confidence and the COT Reports / Commodities / Gold and Silver 2012
The real value of the Commitment of Traders or COT Report for silver traders, (as Ted Butler, GATA, and others have been pointing out for years) lies in revealing the marked concentration of short silver futures positions held by the major bullion banks, who are classed as commercial traders.Read full article... Read full article...
Monday, October 29, 2012
Gold "Lacks Upside Drivers"as Hurricane Sandy Closes US Markets / Commodities / Gold and Silver 2012
U.S. DOLLAR gold prices dropped below $1710 an ounce Monday morning in London, below where they ended last week, after failing to hold onto gains made in Asian trading.
Silver prices dropped below $31.80 an ounce, also down from Friday's close, as European equities also fell. US stock markets will be closed today as a result of Hurricane Sandy – the first unscheduled US market closure since September 11 2001, and the first to be caused by weather since 1985.
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Monday, October 29, 2012
Oil Prices: Global Markets Favor Brent Crude, Refineries Are Set to Advance / Commodities / Crude Oil
Dr. Kent Moors writes: Brent and WTI crude oil prices have been on a downward trajectory. Recently Brent had declined for seven consecutive trading sessions while WTI had been down for five.
Given the importance these benchmarks have in pricing crude worldwide, it is useful to review what they are before talking about their widening spreads.
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Monday, October 29, 2012
Is Santa Coming Early for Gold and Gold Mining Stocks? / Commodities / Gold and Silver 2012
If you own physical gold, gold mining stocks or plan on buying anything related to precious metals before year end, you are likely going to get excited because of what my analysis and outlook shows.
Since gold topped abruptly a year ago (Sept 2011) with a massive wave of selling which sent the price of gold from $1920 down to $1535, technical analysts knew that type of damage which had be done to the chart pattern could take a year or more to stabilize before gold would be able to continue higher.
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Sunday, October 28, 2012
Silver Downtrend Targets Support at $28.50 / Commodities / Gold and Silver 2012
The intermediate top in silver was called several weeks back in the last update. We had expected it to plunge, but instead into went into a more orderly steady decline, its measured rate of decline thus far being due to the fact that the dollar has not entered into a new uptrend – yet.
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Sunday, October 28, 2012
Renewable Energy: The Global Clean Tech Bubble - Part 2 / Commodities / Renewable Energy
Those who advocate for a complete shift to renewables often state that it would be possible if only the political will to fund the transition were available. In fact, funding programmes have been introduced in many jurisdictions, often on a very large scale. Capital grants and long term Feed-In Tariff (FIT) contracts have been introduced in many European countries and in other regions. Feed-In Tariffs, which typically offer a twenty year guaranteed income stream in order to overcome the investment risk, have often been the economic tool of choice. Some of these have been very generous, and the subsidy regimes have driven large investments in renewables for many years. The costs have been in the hundreds of billions of dollars, with projections for many times that much in the future, both for generation capacity and for the necessary infrastructure to service it:
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