Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, September 22, 2012
Gold Double Flash Crash / Commodities / Gold and Silver 2012
The 'Dr. Evil' strategy in two pictures. From Nanex Research:
Read full article... Read full article...Trading was so furious in Gold, that the CME circuit breakers triggered and halted the futures contract for 5 seconds. First on the downside, then on the upside. This is the same circuit breaker that triggered only once in the eMini during market hours: that time was at the bottom of the flash crash on May 6, 2010.
Saturday, September 22, 2012
Fears of a repeat of the 2008 Global Food Crisis / Commodities / Food Crisis
The United Nations Organization sees signs in the current situation in world food markets that point towards a possible repeat of the world food crisis in 2007 and 2008, when prices of staple foods skyrocketed, creating instability which led to huge social upheavals. Measures are needed in the short, medium and long term, state experts from the UN.
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Saturday, September 22, 2012
Gold-Silver Ratio Declining As U.S. Dollar Collapses / Commodities / Gold and Silver 2012
Since July we have alerted our readers to a breakout in gold and silver prices as we expected a risk on rally in commodities with the catalyst being QE3 combined with worldwide stimulus moves from Central Bankers. Since that time silver has soared 30% higher almost 10 straight weeks in a row as Bernanke announces a QE 3, 4, 5+…? and record low interest rates until mid 2015.
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Saturday, September 22, 2012
If You Like QE3 But The Stock Market Makes You Nervous - Buy Gold! / Commodities / Gold and Silver 2012
QE2 in 2010 and ‘Operation Twist’ in 2011 recovered the stock market from double-digit corrections that were underway at the time, and rescued investors from their extreme bearish sentiment each time.
QE3 is underway and many are convinced that’s all that matters, that a repeat of stock market gains is a sure thing.
Friday, September 21, 2012
New Silver Price Upleg / Commodities / Gold and Silver 2012
Silver has certainly enjoyed an impressive run of late, catapulting nearly a third higher since mid-summer. Because this surge looks nearly vertical on short-term charts, some traders are getting nervous about this rally’s staying power. While silver may indeed be temporarily overbought, its recent strength actually looks like the vanguard of a major new upleg. Silver’s advance is likely just getting started.
Skepticism of silver’s potential continues to run rampant among speculators and investors. But this is par for the course after a major correction. Back in the spring of 2011, silver rocketed parabolic in a gargantuan upleg. But it became wildly overbought, hitting the most extreme greed levels of its entire secular bull. So over the subsequent 14 months, silver corrected dramatically by a staggering 45.5%!
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Friday, September 21, 2012
The Energy Crisis That Wasn't / Commodities / Energy Resources
The real energy prospect is the world now faces a problem of newly found, or newly developed, and ever increasing energy resources and supplies - not a crisis of energy scarcity.
The turnaround has been lightning rapid, in at most 5 to 7 years, and has wrongfooted many analysts, most politicians, and the world's "historic major" energy corporations, as well as the green movement and "ecology politicians" who still claim energy supplies are rapidly declining and we face an inexorable energy crisis - very like their residual attempts to peddle global warming apocalypse. In fact the prospect of us facing energy penury, shortage and scarcity has been turned upside down.
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Friday, September 21, 2012
Gold Uptrend Intact, Bullion Sentiment Buoyed by Inflation Fears / Commodities / Gold and Silver 2012
WHOLESALE gold bullion prices held above $1770 an ounce Friday morning in London, a few Dollars below six-month highs hit earlier in the week, while stocks and commodities were also broadly flat ahead of a meeting between the leaders of Spain and Italy, with press reports suggesting plans are being discussed for a Spanish bailout.
Heading into the weekend, spot gold would make its fifth straight weekly gain if it closes above $1770 per ounce later today, while gold in Euros remained within 1% of last year's all-time high this morning.
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Friday, September 21, 2012
How High Can Gold Go? / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,773.75, EUR 1,361.28, GBP 1,089.19 per ounce.
Yesterday’s AM fix was USD 1,760.00, EUR 1,360.33 and GBP 1,088.03 per ounce.
Silver is trading at $34.71/oz, €26.84/oz and £21.42/oz. Platinum is trading at $1,638.50/oz, palladium at $670.30/oz and rhodium at $1,250/oz.
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Friday, September 21, 2012
Government and Gold confiscation: Tips to protect your assets / Commodities / Gold and Silver 2012
My advice to everyone is simple and clear: “Get out of the current financial system, avoid paper money and the banking system in general and move into physical precious metals.” David Stockman has put it this way: “ABCD – Anything Bernanke Cannot Destroy!”
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Friday, September 21, 2012
The Gold Standard: A Panacea or More Malaise? / Commodities / Gold and Silver 2012
Kira McCaffrey writes: The debt clock keeps on ticking. The U.S. federal debt recently surpassed the $16 trillion level and is still rising. The Republicans ushered the idea of a return to the gold standard to the center stage at their Tampa convention last month. Some see a return to the gold standard as a panacea to instill fiscal responsibility by our elected officials. While there are no easy answers or simple solutions to the massive debt crisis America faces, could a return to the gold standard be the answer? Let's take a look.
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Friday, September 21, 2012
Gold and Silver Benefit From a Shift in Fiat Currencies / Commodities / Gold and Silver 2012
We recall with some nostalgia that it was last year on September 6, that gold hit an all-time high of $1,923. This of course reminds us that a month before that the credit agency Standard & Poor's stripped the United States of its AAA rating on its bonds after partisan wrangling over raising the government's debt limit led the nation to the brink of default. And now in addition to nostalgia we get a feeling of déjà vu. The U.S. recently received another warning of a credit downgrade, this time from Moody's Investors Service. The credit agency said last Tuesday that it would most likely cut its Aaa rating on United States government debt, probably by one notch, if Washington's budget negotiations failed. This does not bode well for the U.S. dollar in the long run.
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Thursday, September 20, 2012
Euro-Gold Just 1% Off Record High, "Gold Is Money" / Commodities / Gold and Silver 2012
WHOLESALE PRICES to buy gold using US Dollars or British Pounds fell Thursday morning to trade just 1% below their 7-month highs of the last week.
Commodity prices dropped once again with Asian and European equities, while major-economy government bonds rose after new data showed Chinese factory output falling and Europe's private-economy contracting at the fastest pace in 3 years.
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Thursday, September 20, 2012
'Golden Cross' For Gold and Silver Signals Further Gains / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,760.00, EUR 1,360.33 and GBP 1,088.03 per ounce.
Yesterday’s AM fix was USD 1,774.50, EUR 1,361.44 and GBP 1,092.54 per ounce.
Silver is trading at $34.31/oz, €26.61/oz and £21.28/oz. Platinum is trading at $1,619.50/oz, palladium at $663.50/oz and rhodium at $1,225/oz.
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Thursday, September 20, 2012
You Can Drill All You Want, Oil Prices Are Still Headed Higher / Commodities / Crude Oil
Dr. Kent Moors writes: Today I want to focus again on oil prices. It seems that some TV pundits have never heard (with apologies to Alexander Pope) that a little knowledge is a dangerous thing.
Some people on Wall Street believe that by scaring the individual investor they stand to make a greater profit for themselves.
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Thursday, September 20, 2012
Gold Capped Ahead of Election / Commodities / Gold and Silver 2012
It looks like there will be an attempt to cap gold and silver until the election or Kingdom come, whichever comes first. Some days it is hard to tell. The elites of the world seems quite determined to have another go at provoking destruction on a massive scale to escape the ennui of another Great Depression, successfully achieved once again.
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Thursday, September 20, 2012
Agricultural Commodity Markets Inflationary Peak Forecast 2013 / Commodities / Agricultural Commodities
Agricultural commodities prices resumed upward trends in June 2012, largely due to drought conditions in key global farming areas on top of existing low inventories. Extreme global conditions continue, with the period June-August of 2012 the hottest such period historically on record.
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Thursday, September 20, 2012
Can Dividends Cure Gold Stocks Hangovers? / Commodities / Gold and Silver 2012
A market hangover may be causing suffering among gold mining equities, but there are still some cash-rich companies beguiling investors with record-breaking dividends. Dividend distributions are up by about one-third year-on-year from many major mining companies, according to David Christensen, chief executive and president of ASA Gold and Precious Metals Limited. The Gold Report spoke with Christensen at the Denver Gold Forum in this exclusive interview.
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Wednesday, September 19, 2012
The Fed’s Balance Sheet Puts Gold and Silver on the Warpath / Commodities / Gold and Silver 2012
After remaining calm for most of the summer, precious metals have been on the warpath like they have something to prove. Their move started last month and accelerated with the Federal Reserve’s latest quantitative easing program. The central bank’s third attempt to print prosperity has spurred a new round of balance sheet analysis and gold price targets.
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Wednesday, September 19, 2012
Gold Exhibits Strength! / Commodities / Gold and Silver 2012
Man is least himself when he talks in his own person. Give him a mask, and he will tell you the truth. - Oscar Wilde
This morning the Japanese came out with more easing and it comes on the heels of what China, the ECB and the Fed announced last week. Does anyone see a pattern here? The whole world is once again awash in liquidity. All of this serves to support stocks, commodities and gold although stocks and commodities have been surprisingly flat for the last two sessions. Maybe today will be different. One thing that has been strong, and remains surprisingly strong, is gold. Gold has been heading higher every since it tested the strong support at 1,522.20 way back in May:
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Wednesday, September 19, 2012
ECB Debasement Is Akin To Work Of Devil – Risk Of “Rapid Currency Depreciation” / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,774.50, EUR 1,361.44 and GBP 1,092.54 per ounce.
Yesterday’s AM fix was USD 1,756.75, EUR 1,344.31 and GBP 1,081.81 per ounce.
Silver is trading at $34.66/oz, €26.76/oz and £21.48/oz. Platinum is trading at $1,632.00/oz, palladium at $666.70/oz and rhodium at $1,300/oz.
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