Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, November 09, 2011
Should I Buy Gold Bullion or Gold Shares / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
The times, they are a changin'. Since 1985 to 2007 the developed world has seen the sophisticated development of equity and fixed interest rate markets that has ensured that investments are aimed at a positive, growth future for the economies on the west side of the globe. All the skills and beliefs in markets have been consistent with that expectation. When the credit crunch came, the belief was that the powers that be would rectify matters and we would be back to the same rosy future once the hurdles had been surmounted. But here we are, ending 2011 and that rosy future has given way to an uncertain one where the very structures on which the rosy future had been built have stated to buckle and falter. Despite this, the adjustment by institutions has been slow to recognize these changes and the process of making markets face this new reality has been as slow as politicians have been to adjust their handling of matters. It's far more than 'denial', it is a refusal to change. The change needed is so fundamental that the careers and very way of life of financial manager would be at risk. Hence the poor efforts we see in changing the financial world. This is taking the path we walk in the financial world to a precipitous, almost cathartic point at an unquantifiable date ahead of us when we see pressures exerted to change that way we live our lives.
Tuesday, November 08, 2011
US Mint Gold Coin Data and Research Casts Doubt on ‘Gold Bubble’ / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,790.10, EUR 1,300.60, GBP 1,114.30, CHF 1,606.20, JPY 139,690 and CNY 11,362 per ounce.
Gold’s London AM fix this morning was USD 1,794.00, GBP 1,114.49, and EUR 1,301.51 per ounce.
Yesterday's AM fix was USD 1,764.00, GBP 1,102.78, and EUR 1,286.65 per ounce.
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Tuesday, November 08, 2011
Gold retests $1800 as Italian Bond Yields hit "Dangerous Levels / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE DOLLAR gold price climbed to $1796 an ounce Tuesday morning London time – 2.3% up on last Friday's close – as stocks rallied and government bonds sold off ahead of a key budget vote in Italy.
The previous day, gold hit its highest level in nearly seven weeks during Monday's US trading, when it rose to $1798 per ounce.
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Tuesday, November 08, 2011
When will Gold Stocks Reach the Bubble Phase? / Commodities / Gold & Silver Stocks
By: Jordan_Roy_Byrne
Gold is in a bull market and so are the gold stocks despite their struggle as a group to outperform Gold. This is nothing new though. We’ve written about this in the past and Steve Saville has before us. Nevertheless, the miners are in a secular bull market and investors need to pick better stocks and ignore the hundreds of losers. The bull market is moving forward but is nowhere close to a bubble nor the speculative zeal we saw in 2006-2007. Thus, it begs the question of what lies ahead and when can we expect the initial stages of a bubble.
Tuesday, November 08, 2011
Sunny Egypt Interested in... Wind Power / Commodities / Renewable Energy
By: OilPrice_Com
Egypt currently has a total electricity capacity of about 23,500 megawatts, which the government hopes to increase to 58,000 megawatts by 2027.A prime potential element in increasing this electrical output?
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Tuesday, November 08, 2011
Gold in Stair-Step Pattern Ahead of Potential Thrust / Commodities / Gold and Silver 2011
By: Mike_Paulenoff
Spot gold continues to claw its way higher despite an otherwise "risk-off" profile for the session in equities (as seen in our hourly chart comparison with the e-mini S&P 500), along with bonds and foreign exchange.
The stair-step pattern off of last week's low (from Nov 1) at 1681.30 has the right look of a forthcoming vertical acceleration towards 1820 next. Only a sudden downside reversal that breaks key near-term support between 1775 and 1765 will compromise my near-term outlook.
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Tuesday, November 08, 2011
The Euro Mess Brings Out the Best in Gold / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
Gold continues to rise as European debt worries linger on in the financial markets. On Monday, gold and silver both climbed higher as the true sentiment about gold was revealed by Germany. As I write, gold is closing in on $1800, while silver is nearing $35. Although there are many rumors flying out of Europe regarding possible solutions, there is one topic that is not open for discussion.
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Monday, November 07, 2011
Gold Gains amid Berlusconi Confusion, Greece "Must Reform or Get Out of the Euro" / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold bullion prices climbed to their highest level in almost seven weeks on Monday, hitting $1778 an ounce – 3.1% above where they started the month, amid confusion over whether or not Italy's prime minister had resigned.
Silver bullion hit a high of $34.80 per ounce – 0.3% below last week's high, but 8% above last week's low.
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Monday, November 07, 2011
Gold Ready to Rally to $2000… But Which Gold Stocks? / Commodities / Gold & Silver Stocks
By: Hubert_Moolman
The current economic conditions are, in substance, very similar to that of the Great Depression. I have recently highlighted some of these similarities in a video presentation . The pattern that is being followed, suggests that the next big event in this economic crisis, will be an acceleration of the increase in the price of gold, as well as a significant rally in gold stocks, despite economic decline.
Monday, November 07, 2011
Germany to G20: German Gold “Must Remain Off Limits”, Instead Sell Italian Gold / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at USD 1,767.90, EUR 1,283.90, GBP 1,101.60, JPY 138,011, CHF 1,583.90, and AUD 1,711.70 per ounce.
Gold’s London AM fix this morning was USD 1,764.00, GBP 1,102.78, and EUR 1,286.65 per ounce.
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Monday, November 07, 2011
Gold Bull Hammer, as Greek Disaster Movie Continues to Unfold / Commodities / Gold and Silver 2011
By: Clive_Maund
Gold did exactly as predicted in the update last weekend - it dropped back briefly to touch the bottom of our short-term reaction target range at $1680 before rebounding, as we can see on the 4-month chart below, and we were buyers around $1705 and below. The rebound on Tuesday left behind a clear bull hammer on the chart, which is positive. After the rebound gold advanced to the next resistance level shown, which may force another reaction this coming week, especially as Commercial short positions, which are still overall bullish, rose significantly last week - any such reaction should again be bought, although with downside volume now lighter than upside volume and silver now looking set for another upleg, there may be no reaction at all. The Prime Minister of Greece Mr Papandreou got "taken behind the woodshed " by Mr Sarkozy and Mrs Merkel for threatening to tip over the apple cart and wreck their plans with his referendum brainwave, but as this is a family website, we won't repeat here what they said to him, but it served to put him back on side.
Monday, November 07, 2011
Silver Reacts Back to Support Along $33.50 Area / Commodities / Gold and Silver 2011
By: Clive_Maund
Silver did what was expected of it last week, by reacting back to support in the $33.50 area, although it very briefly touched $32 intraday on Tuesday, and then, also as expected it bounced back. On the 4-month chart the action last week looks like a normal reaction, that may be a bull Flag, within a young uptrend that was signalled by the clear break above important resistance in the $33 area, which marked the top of the now completed intermediate base pattern.
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Monday, November 07, 2011
Falling Inflation, The Most Bullish Sign For Gold / Commodities / Gold and Silver 2011
By: Bob_Kirtley
Whilst many may argue that gold is an inflation hedge and therefore inflation is bullish for gold, in reality the dynamics at play here are not that simple.
In our view, gold is a currency. Therefore fluctuations in its price are largely based on its perceived value relative to other currencies. We would not suggest that its role as an inflation hedge is a primary reason for being long gold, since there are far more direct and efficient ways to hedge against inflation risk in this modern financial environment. We do however see currency devaluation as a primary reason to own gold. If one thought the Yen was going to strengthen against the dollar, then one would move USD holdings into JPY. If one thought the Yen was going to weaken against sterling, then one move JPY holdings into GBP. This environment is unique as across the world governments and central banks are trying to lower the value of their currencies. Therefore there is nowhere to go, except for gold which cannot be printed in an attempt to erode its value.
Sunday, November 06, 2011
Gold Price Action Remains Overall Bullish / Commodities / Gold and Silver 2011
By: Merv_Burak
Nothing much has really happened since my last post a few weeks back. Yes, gold went down a little and up a little but no real move of significance. I’m not yet sure if such lack of real action is positive or negative. Only time will tell. In the mean time let’s see how we ended the week.
Saturday, November 05, 2011
Junior Gold Stocks to Watch / Commodities / Gold & Silver Stocks
By: The_Gold_Report
Junior gold explorers from British Columbia to Colombia are poised to pounce. And they are not your ordinary explorers. The Ubika Gold 50 Index has uncovered one explorer that also produces; another has a "fully earned option" with Goldcorp. In this exclusive interview with The Gold Report, Vikas Ranjan, managing director and principal, Ubika Research, reveals why these companies make a compelling case for success.
Saturday, November 05, 2011
Will the U.S. Become World’s Largest Oil Producer? / Commodities / Crude Oil
By: Keith_Schaefer
The Surprising News about U.S. Oil ProductionDear OGIB Reader,
The U.S. likes to fancy itself a place that does everything a bit bigger and better than the rest of the world.
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Saturday, November 05, 2011
Why Gold and Silver Stocks Are Likely to Rally from Here… / Commodities / Gold and Silver 2011
By: Przemyslaw_Radomski
Is Greece the canary in the coal mine? Less than a week after European leaders crossed the T’s and dotted the I’s on the debt-restructuring plan for Greece, the prime minister's ruling party called for a surprise referendum on the E.U. debt deal. Then on Thursday he called it off. Sovereign debt and fiat currencies are all paper.
All that is happening only heightens talk about gold as money. But first, let’s have a definition of money, it being a subject that interests almost everyone on the planet. Like Voltaire said: “When it’s a question of money everyone is of the same religion.”
Saturday, November 05, 2011
Is Europe Warming Up Gold for its Final Act? / Commodities / Gold and Silver 2011
By: Eric_McWhinnie
On Tuesday, Greek Prime Minister George Papandreou surprised European leaders when he called for a referendum on the new aid package for Greece. Since then, the referendum has already been cancelled. It was the latest drop in the roller coaster ride that’s called Europe. Concerns continue to mount on how Europe to fix Greece, and after that Italy. Unfortunately, between all the headlines and rumors concerning Europe, nothing has really changed. Europe is in a world of hurt that will lead to either a total overhaul of the financial system, or more money printing. Considering gold futures hit a six-week high at $1,765 on Thursday, precious metal investors are preparing for the latter.
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Saturday, November 05, 2011
Gold Futures Through a NEoWave Lens / Commodities / Gold and Silver 2011
By: Glenn_Neely
Interview with NEoWave Founder Glenn Neely
This article is Part 2 of a 3-part interview series with Glenn Neely, founder and president of NEoWave Institute. In these 3 interviews, conducted by blogger Bud Fox, Glenn Neely looks ahead at 3 specific trading markets (Euro, Gold, and Treasuries) through the lens of Wave structure and explores what Wave theory tells us about the next 5-10 years.
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Friday, November 04, 2011
Gold Hovers as Dominance of Dollar Could End as IMF Considers Increasing Liquidity / Commodities / Gold and Silver 2011
By: Ben_Trayner
DOLLAR PRICES for gold bullion continued moving in a range bound fashion around $1758 an ounce – 8.3% up from where they began October – after the release of US nonfarm payroll data, which showed the US economy added 80,000 jobs last month.
The unemployment rate meantime fell to 9.0% in October – down from 9.1%, where it spent the previous three months.
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