Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, May 24, 2011
Silver More Explosive than Gold / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
The silver market is still reeling from its fall from $50 to $34 over a very short time. The move was driven by at least one investor selling around 1,000 tonnes of silver over a two week period. Silver had climbed quickly from around $25. The charts supported a rise to $29, but as silver went higher, it climbed out of technical range into new territory. All the time thereafter it was vulnerable to a selloff back to support around that level.
Tuesday, May 24, 2011
Gold New Record Highs as All Major Currencies are Vulnerable / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold prices hit $1523 – their highest level for two weeks – on Tuesday morning London time, while stocks and commodities traded flat.
Gold prices in the Euro and Pound Sterling, meantime, set record highs – €1078.85 and £942.22 per ounce respectively – at Tuesday morning's London Fix.
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Tuesday, May 24, 2011
Sterling Gold Hits New Record High on Stagflation and Debt Rating Downgrade Risks / Commodities / Gold and Silver 2011
By: GoldCore
Gold is marginally higher in most currencies today as the yen, the dollar and the pound are all weaker.
Gold has reached a new record nominal high in British pounds due to the growing risk of stagflation in the U.K. and due to Moody’s somewhat belated threat to cut its ratings on most UK banks. This was not helped by Chinese ratings provider Dagong Global Credit downgrading the U.K.’s local and foreign currency sovereign credit rating from AA- to A+ with a negative outlook.
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Tuesday, May 24, 2011
The Last Tango of the Currencies will end in Golds Favour / Commodities / Gold and Silver 2011
By: Bob_Kirtley
The debt problems now weighing on the Euro have inflicted a devaluation of around 6% this month with no recovery in sight for the PIIGS, Portugal, Ireland, Italy, Greece and Spain. The harder the ECB tries to badger and cajole the PIIGS into accepting a serious dose of austerity, the more the people, who will have to carry this burden, revolt.
Tuesday, May 24, 2011
Oil and Copper Prices Reflect Euro-zone Woes and Slowing Conditions in China / Commodities / Crude Oil
By: Asha_Bangalore
Oil prices have largely maintained a downward trend since the recent peak on April 29 ($113.93) and they are trading roughly 3.0% below the Friday close of $99.49 (Chart 1 data points end on May 20) as of this writing. Copper prices also lost ground today from the $8,982 mark seen last Friday.
Tuesday, May 24, 2011
Gold Stocks Offer Protection from Financial Crisis Storm / Commodities / Gold & Silver Stocks
By: The_Gold_Report
Economic cycles, like weather, run in seasons. Longwave Group Founder Ian Gordon explains why he believes the world economy is in the "winter" portion of an approximate 80-year cycle and how the financial excesses of the past 60 years are now being wrung out of the system. Ian also explains how investors can prepare to profit from the coming financial storm by positioning themselves in gold and junior gold stocks in this exclusive interview with The Gold Report
Tuesday, May 24, 2011
Euro Dollar Debt Crisis Dance Doesn’t Fool Gold And Silver Bulls / Commodities / Gold and Silver 2011
By: Jeb_Handwerger
The euro (FXE) slid compared to the U.S. dollar (UUP) after meeting and reversing at its long term down-trend resistance line two weeks ago. About four weeks prior to that, I alerted readers that the Euro could reverse lower supporting precious metal prices. In my March 28th article I wrote, “Watch for a move out of the euro to support precious metals prices as the euro reaches its descending upper resistance level. For the past two years the euro and the dollar have done this inverted dance wherein one goes up and the other goes down. But one thing I am not fooled about is the fact that they are both in secular long-term downtrends.” Read full article... Read full article...
Monday, May 23, 2011
Bearish Outlook for Crude Oil / Commodities / Crude Oil
By: Mike_Paulenoff
Last Wednesday we told subscribers that the day's upmove in WTI crude oil futures from $95 to $101 was not the start of a new upleg. We noted that the pattern exhibited on the daily chart since the May 7 at $94.63 to Wednesday's high at $100.99 resembled a bear flag formation much more than a significant bottom. It had the look of a digestion-consolidation pattern in the lower quadrant of the larger downleg from May 2's $113.97.
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Monday, May 23, 2011
China Prepares To Launch Gold ETFs / Commodities / Gold and Silver 2011
By: Submissions
John Rolls Submits: Tyler Durden writes: Following Friday's news that China has now surpassed India as the world's largest buyer of gold, it is becoming increasingly obvious that the country is trying to capitalize on the popular interest in the precious metal by transferring the trading infrastructure away from US to domestic capital markets. First, it recently launched a 1 kilo gold futures contract on the HK Merc in an obvious attempt to undermine the Comex monopoly in the space, and next it seems that China has the GLD plain in its sights, as it plans to start exchange-traded funds, tapping rising demand in China, the world’s biggest investment market for the precious metal.
Monday, May 23, 2011
China, Gold and Interest Rate Rises / Commodities / Gold and Silver 2011
By: Ben_Traynor
China shows that gold demand need not be a victim of higher interest rates…
DOES THE demand for gold automatically fall if interest rates rise?
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Monday, May 23, 2011
Gold and Silver Still Consolidating / Commodities / Gold and Silver 2011
By: Chris_Vermeulen
Update on Metals with David Morgan and Chris Vermeulen
Listen To What David and Chris have to say About gold and silver: Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.
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Monday, May 23, 2011
Silver Panic Selling, Is it Possible to Have Panic Buying? / Commodities / Gold and Silver 2011
By: EWI
"Panic selling" is easy to understand and recognize: Investors rush to sell from the fear of loss. No more explanation necessary.
On the other hand, "panic buying" is not easy to see for what it is. The phrase seems to clash with itself. People commonly assume that "buying" involves rational choices by investors, who assess risk, calculate entry points, establish stops, etc.
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Monday, May 23, 2011
Gold and Silver, What Next? / Commodities / Gold and Silver 2011
By: David_Banister
Well, that was fun wasn't it gang? A huge drop in silver from $49.75 to the $32 ranges after 8 months of rallying from 19 to near 50. A 150% gain in Silver in eight Fibonacci months, sounds like a pretty overbought situation. Gold in the same time frame lagged badly, but all of that was predicted by me late last August due to the consolidating "B wave" in Silver that was preceding what I felt would be a "massive rally" in the metal. Quite simply I said, investors will view silver as "cheap" relative to Gold and they will buy it instead of gold. I realize that makes no logical sense, but since when are the herd behaviors ever logical?
Monday, May 23, 2011
Asian Tiger Sinks Teeth Into Gold / Commodities / Gold and Silver 2011
By: Frank_Holmes
The World Gold Council (WGC) released its quarterly “Gold Demand Trends” report last week and, as always, it was filled with fascinating data on the strength of the global gold market. Gold demand grew 11 percent to 981.3 tons during the first quarter of 2011, worth $43.7 billion at quarter-end’s price levels.
Monday, May 23, 2011
Gold Bull Swings and Round Abouts / Commodities / Gold and Silver 2011
By: Neil_Charnock
It has not been a comfortable May for a Gold Bull however we have stood our ground in a most constructive manner here at GoldOz. It is all about how much you understand and how you handle the swings and roundabouts. Your actions alone can either lower your wealth or increase it by providing added leverage when the market turns back in your favour. What I am saying is that these pull backs can be used to increase your grip on this market sector or you can squander the opportunity by doing nothing, or even worse you can sell on the dip and exit at the wrong time.
Monday, May 23, 2011
Gold in Euros Sets New All-time Record As Greek Sovereign Debt Crisis Spreads / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE DOLLAR price to buy gold was trading in a tight range around $1510 per ounce on Monday morning London time – a 1% gain since the beginning of last week – as stocks and commodities fell after ratings agencies issued new warnings on Eurozone government debt.
Ruling parties in Spain and Germany, meanwhile, suffered local election defeats.
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Monday, May 23, 2011
Eurozone Debt Crisis Deepens Sending Euro Lower and Gold to New Record at EUR 1,080/oz / Commodities / Gold and Silver 2011
By: GoldCore
The euro, global equities and bonds in peripheral Eurozone countries are all lower this morning on heightened concerns about the debt crisis in the Eurozone. The euro has fallen against all currencies and is now at a record low against gold at EUR 1,080.21/oz. Silver is lower against most currencies but is higher against the Australian dollar and the euro ( EUR 24.80/oz).
Monday, May 23, 2011
Gold Secular Bull Market Mania Phase 2011-2013 / Commodities / Gold and Silver 2011
By: John_Hampson
I propose that the third and final phase of gold's secular bull since 2000 has begun in early 2011 and will end in 2013. I suggest that this third phase, a popular and parabolic mania, was announced by both silver's mega move January to April 2011 and the US Dollar's break beneath long term rising support, and will proceed to conclusion in a similar way to the last secular gold bull of the 1970s.
Monday, May 23, 2011
Gold Always Ahead of Competition in All Times / Commodities / Gold and Silver 2011
By: Pravda
Gold at all times has been the most reliable way to maintain savings. Currently, due to currency exchange rate fluctuations and unstable political system, gold continues to enjoy significant demand. In mid-April of 2011 the price of a troy ounce (31.3 grams) of the best-known precious metal exceeded $1,500.
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Sunday, May 22, 2011
Gold Going Parabolic This Summer / Commodities / Gold and Silver 2011
By: Andrew_McKillop
Why could gold go parabolic?
Prices for the yellow metal have recently suffered, along with silver from sudden investor retreat using rationales like inflation is beaten, the global economy is recovering and the US dollar is getting stronger. Against the overvalued euro, maybe, but against gold the US dollar, euro, yen and almost all other paper moneys only have one way to go: down.