Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, April 28, 2012
Mad Cow Futures and Silver Fundamentals / Commodities / Gold and Silver 2012
The U.S. Department of Agriculture recently confirmed the country’s fourth known case of Bovine Spongiform Encephalopathy or BSE, which is popularly known as Mad Cow Disease.
The highly publicized BSE case was discovered during a random test of a dairy cow carcass that was located at an animal rendering facility owned by Baker Commodities Inc., a business which removes dead animals from farms for processing into animal byproducts.
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Saturday, April 28, 2012
Dismal Gold and Silver Market Sentiment — Just What Dr. Bernanke Ordered / Commodities / Gold and Silver 2012
Since the dramatic drops the silver market saw in May and September of last year, prices in the precious metals market have been suffering from an excess of negative sentiment. This adverse perception is weighing on metal prices and keeping investor demand at bay.
Furthermore, although investors have continued to buy physical silver, the overall quantity being purchased has declined significantly, resulting in reduced support for the metal’s price.
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Saturday, April 28, 2012
Invest in Africa Gold Stocks Now / Commodities / Gold & Silver Stocks
Last year, Africa was the region that witnessed the strongest growth in gold-mining operations. In an exclusive interview with The Gold Report,Nana Sangmuah, managing director of research with Toronto-based Clarus Securities, expects that trend to continue and suggests some immediate smart investments in Ghana, Mali, Liberia and the Democratic Republic of the Congo.
The Gold Report: Gold consultancy GFMS, which is now owned by Thomson Reuters, recently published its 2012 Gold Survey. GFMS predicts that before the end of 2012, the yellow metal will likely reach above its all-time nominal high of $1,920/ounce (oz) in September 2011. The catalysts include inflation concerns and sovereign debt problems in Europe, especially Spain. What are your thoughts on these predictions and conclusions?
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Saturday, April 28, 2012
Global Gold Supply / Commodities / Gold and Silver 2012
Ever since the beginning of gold’s bull market, this metal’s economic balance has come under intense scrutiny. Demand has been on the rise as more and more investors have embraced gold as a store of wealth. And the supply chain has done its best to meet this growing demand.
However considering gold’s sharply rising price over the last decade, it is clear that this market has been experiencing a major structural imbalance. And the supply side of the equation has proven to be a fascinatingly volatile realm, making it quite difficult to set the scale.
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Friday, April 27, 2012
Impending Gold and Silver Price Launch / Commodities / Gold and Silver 2012
“The Fed is transferring immense wealth from the middle class to the most affluent, from the least privileged to the most privileged.”Mark Spitznagel, Universa Investments L.P., 4/19/12
Since late February, 2012, The Cartel* has ground Gold and Silver Bullion and the Mining Shares Prices Down. This is especially frustrating for those invested in Mining Shares, because they have been Technically “Due” for a Powerful Breakout for weeks. (As “Paper” Securities, Mining Shares are especially susceptible to Cartel Price Suppression.)
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Friday, April 27, 2012
Gold takes a Spring Break / Commodities / Gold and Silver 2012
There has been a range of intelligent analytical opinions recently espoused, seeking to explain the action in the gold price this last six months. Whilst we have found articulations focused on consolidation most conducive, quality analysis has not just been found this side of the debate. Outside of lazy assertions that the gold bubble has burst, the debate has been heated but useful. It is always as such for gold. In the office we call the gold market the fox-hunting debate of the financial markets; very few participate but many have strong and at times heated opinions on the matter.
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Friday, April 27, 2012
Gold’s Long-term Picture Remains Bullish / Commodities / Gold and Silver 2012
Lately, gold has been a disappointment to many investors while it has been mostly treading water. Gold has traded well beneath its all-time high of $1,924 an ounce on September 6th and well above its subsequent low near $1,520 which took place in late December. Many anticipated higher prices this year, but the year isn’t over yet, and neither is gold's long-term spectacular, secular bull market. We are now in one of those periods of consolidation that tries the souls of gold investors, tests their resolve and challenges their staying power. This is when the market takes a breather and adjusts to prepare for the next major move.
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Friday, April 27, 2012
Basket of Goodies Suggest Gold is Set to Break New Highs / Commodities / Gold and Silver 2012
Over the past weekend, China announced that they would purchase Iranian oil through sale of gold beyond June 28 2012 in order to get around US sanctions that states no nation can sell oil in US Dollars This has profound implications going forward, as this will be the first time in nearly 70 years that the US Dollar as a reserve currency has been challenged. The article I penned back in 2003 titled "Whose Gonna Say Uncle" mentioned that block currencies will likely form due to localization of economies due to energy constrictions etc. The BRICS nations have primarily been the target of sabre rattling through the US government, so actions taken by China is likely to be conducted on a massive scale going forward as other nations seek better control over their own destiny.
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Friday, April 27, 2012
Gold "Caught in Range" as Europe Heads for Suicide by Austerity / Commodities / Gold and Silver 2012
SPOT MARKET prices to buy gold remained steady around $1650 an ounce during Friday morning's London trading – well within their range from mid-March – as stock markets and commodity prices were also flat and US Treasury bonds gained following a credit ratings downgrade for Spain.
Heading into the weekend, gold looked set to record its seventh successive Friday PM gold fix between $1600 and $1700 an ounce.
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Friday, April 27, 2012
Gold “Buying Opportunity”, Analysts More Bullish On Central Bank Demand / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,654.00, EUR 1,250.28, and GBP 1,019.60 per ounce. Yesterday's AM fix was USD 1,648.25, EUR 1,246.22 and GBP 1,017.88 per ounce.
Silver is trading at $30.16/oz, €23.65/oz and £19.29/oz. Platinum is trading at $1,576.25/oz, palladium at $658.75/oz and rhodium at $1,350/oz.
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Friday, April 27, 2012
Large Cap Gold Miners Underperforming the Juniors and Silver Stocks / Commodities / Gold & Silver Stocks
While the precious metals sector has consolidated and struggled to find a bottom, an important development has taken place. First, lets harken back to 2007-2008. Large cap mining stocks peaked in March 2008, yet the speculative sides of the sector "gave out" far earlier. The juniors and silver stocks actually peaked in April 2007. That was about a full year ahead of the large gold stocks. As the 2007-2008 crisis unfolded, juniors and silver stocks led the way down and displayed extreme relative weakness even as metals prices were firm.
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Thursday, April 26, 2012
Gold, Recession, and Why Britain's Winning the Currency War / Commodities / Gold and Silver 2012
Depending on how you look at it, the Bank of England's doing its job brilliantly...
PRELIMINARY data released this week show that Britain has fallen back into recession. UK GDP shrank for the second consecutive quarter in the first three months of the year, meaning Britain's first "double-dip" recession since that 1970s.
In truth, this was not unexpected. Nor was this week's other news that UK government debt continued to rise in the year to March, hitting 66% of GDP according to the Office for National Statistics.
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Thursday, April 26, 2012
Sterling Gold Hits Four-Month Low / Commodities / Gold and Silver 2012
SPOT MARKET prices for gold bullion traded steady Thursday morning, around $1650 an ounce during London's morning session – slightly higher than where they started the week.
"[Gold] trend line support is seen at $1627 on the weekly chart," says the latest technical analysis from Scotia Mocatta.
"A close below this level on Friday will bring in liquidation selling of stale long gold positions."
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Thursday, April 26, 2012
Gold “Bargain of Lifetime” As Gold Standard Inevitable, $10,000/oz Looms / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,648.25, EUR 1,246.22, and GBP 1,017.88 per ounce. Yesterday's AM fix was USD 1,641.25, EUR 1,241.49 and GBP 1,019.54 per ounce.
Silver is trading at $30.85/oz, €23.45/oz and £19.14/oz. Platinum is trading at $1,563.00/oz, palladium at $658.75/oz and rhodium at $1,350/oz.
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Thursday, April 26, 2012
Gold Mining Stocks Will Catch Up to Higher Gold Price / Commodities / Gold & Silver Stocks
Ongoing inflation pressures and China's investments in the African gold supply chain point to a higher gold price according to Matt Badiali of Stansberry & Associates. Bullion in all its forms belongs in every portfolio and when it comes to equities, investors have their choice of business models—dividend payers, prospect generators and royalty companies. In this exclusive Gold Reportinterview, Badiali outlines companies whose equities should catch up to the higher gold price.
The Gold Report: Matt, in the February 2012 edition of Stansberry's Investment Advisory, Porter Stansberry predicted gold would hit $9,600 an ounce (oz) someday. How should investors protect themselves from this coming crisis?
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Thursday, April 26, 2012
Is The Multi-Month Consolidation In Gold, Silver and Mining Stocks Ending? / Commodities / Gold and Silver 2012
We are encountering storms in the market rarely seen. The volatility has affected many mining equities with many high quality assets selling at record low prices. Portfolios have rarely seen such see saw price activity as they have this year. Sacrosanct rules are simply not working. The markets are thwarting and aborting attempts to use time tested approaches.Read full article... Read full article...
Wednesday, April 25, 2012
Deflation Possible, This isn’t 2008! / Commodities / Deflation
There has been so much talk lately about the coming high inflation due to excessive printing of fiat currency, that I think it’s necessary to explore the topic. There is no doubt that the US, Europe, Japan and now China are all creating fiat currency at a rate never before in modern history. We also have had the lessons of excessive printing during Germany’s Weimar Republic drilled into our heads since the crib. Therefore we naturally assume that excessive printing in today’s world will produce the same result. When it comes to the US it is worth remembering that there are significant differences. In the first place the US dollar has been the world’s reserve currency for seven decades, and in the second place the excessive printing is nothing new in the United States.
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Wednesday, April 25, 2012
UK Government: Natural Gas Fracking Causes Earthquakes, but It's Worth the Risk / Commodities / Natural Gas
The process of hydraulic fracturing is a mining technique which uses injected fluid to propagate fractures in a rock layer to release hydrocarbon deposits that would otherwise be uncommercial. Developed in the U.S. and first used in 1947 for stimulating of oil and natural gas wells, the use of "fracking" soared in the past decade as thousands of wells have been drilled into the Marcellus Formation, also referred to as the Marcellus Shale, a deposit of marine sedimentary rock found in eastern North America.Read full article... Read full article...
Wednesday, April 25, 2012
Gold and Silver Flat as Traders Await Hints of QE from Fed / Commodities / Gold and Silver 2012
WHOLESALE MARKET gold prices reversed a short dip Wednesday lunchtime in London to trade absolutely flat on the day and unchanged from the end of last week ahead of the US Fed's monetary policy statement.
Silver bullion prices held beneath $31 per ounce, and the Euro was also unchanged after a brief rally above $1.32.
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Wednesday, April 25, 2012
Gold's B-Wave Bottom / Commodities / Gold and Silver 2012
Over the last several days volatility in the gold market has collapsed forming what is known as a coil.
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