Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, July 12, 2011
New Upleg for Crude Oil? / Commodities / Crude Oil
By: Mike_Paulenoff
My hourly pattern work in nearby NYMEX crude oil futures indicates that the structure of the decline from the July 7 high at 99.42 into this morning's low at 93.55 exhibits a completed corrective leg. If accurate this also means that oil has initiated a new upleg within a larger recovery rally period off of the June 27 low at 89.61 that projects above 99.42 into the 101-103 target zone.
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Tuesday, July 12, 2011
Gold Dreamtime, The Euro And Other New Moneys / Commodities / Gold and Silver 2011
By: Andrew_McKillop
Once upon a time there was the Eurozone and its all-new hard money, the euro. It got off to a good start with a monstruously high forced surrender cash-in rate for the national moneys it replaced: depending on country, around 15 to 25 percent above the euro's real worth. This yielded several years in the early 2000's when it wasn't even necessary to doctor the official inflation numbers, but through a penchant for old ways and traditions, national economic agencies, the European Commission, the ECB and other rightly named players kept on doing it. This made sure the economic data was absolutely fake, an important aid to launching a now-floundering cuckoo money.
Tuesday, July 12, 2011
Gold Drifts Lower, Stock Markets Nosedive as Crisis Spreads to Italy / Commodities / Gold and Silver 2011
By: Ben_Traynor
DOLLAR gold prices fell to around $1543 an ounce Tuesday morning London time – just below where they ended last week – while stocks and commodities took a beating as concerns grew over Italian sovereign debt.
Silver prices also dropped, falliing below $35 per ounce – 4.6% down for the week so far.
Tuesday, July 12, 2011
Academic Proof that Gold is an Important Diversification Against Inflation and Deflation / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,543.94/oz, €1,108.99/oz and £976.81/oz.
Equities internationally and bonds in Greece, Ireland, Spain and Italy have fallen this morning while gold rose to new record nominal highs in euros and pounds (over EUR1,118/oz GBP980/oz respectively). The Italian 10 year rose above 6% for the first time and the Spanish 10 year yield rose to 6.12%. US stock futures are pointing to losses on the U.S. opening.
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Tuesday, July 12, 2011
Why the U.S. Should Return to the Gold Standard / Commodities / Gold and Silver 2011
By: Money_Morning
David Zeiler writes: Should the U.S. return to the gold standard?
It's a question that has taken on new relevance during a time of soaring deficits and sky-high national debt. Many of the world's most successful governments, from ancient Rome to the British Empire, enjoyed centuries of economic stability by adhering to a gold standard. And some economists credit the period of prosperity at the end of the 19th century to a global gold standard.
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Tuesday, July 12, 2011
Gold and Silver Summer Trend Update / Commodities / Gold and Silver 2011
By: Peter_Degraaf
Historically the precious metals prices drift lower during the summer months, with a bottom in July, although sometimes not until August. At this time of year demand from India is less because the festivals are over and demand from jewelers is low because of summer holidays. Investment demand is also down because buyers are expecting a correction.
Tuesday, July 12, 2011
Silver Poised for Powerful Rally / Commodities / Gold and Silver 2011
By: The_Gold_Report
Opportunities abound in small- and mid-cap silver companies, according to Sprott Inc. Chairman Eric Sprott. In this exclusive interview with The Gold Report, Eric Sprott and Sprott Money Ltd. President Larisa Sprott say the fundamentals that drive the price of silver are as strong now as before the spring selloff—maybe even stronger—even though volatility is causing buyers to hold back a bit.
Tuesday, July 12, 2011
Are Gold Stocks The Real Barbarous Relic? / Commodities / Gold & Silver Stocks
By: Bob_Kirtley
In 1924 John Maynard Keynes referred to the gold standard as a “barbarous relic”, but we think the new barbarous relic is using gold stocks as a trading or investment vehicle in an attempt to benefit from rising gold prices. This isn’t the 1970s. One can buy GLD call options from a laptop in bed or take a long position in gold futures with a few taps on a smart phone whilst in line at a coffee shop. The days of having to call a broker and hopefully buy some gold shares that will hopefully go up if the gold price goes up are over. There is no longer any need to take the risk that your gold stocks will not go up with gold.
Tuesday, July 12, 2011
First Majestic Silver Corp: Another quarterly record of silver production / Commodities / Gold & Silver Stocks
By: Bob_Kirtley
We made our first purchase of First Majestic Silver Corporation (FR:TSX || AG:NYSE) on 9th Feb 2011 at $13.13 and decided to hold despite a rapid rise in the order of 92% gained within two months of purchase. As we can see from the above chart the stock price has eased along with the correction in silver prices.
Tuesday, July 12, 2011
The Secret World of Gold and Silver Stock Warrants / Commodities / Gold and Silver 2011
By: Lorimer_Wilson
I read article after article about investing in physical gold and silver, gold and silver ETFs and gold and silver mining company stocks but nary a one (other than those written by me) on the long-term warrants associated with a few of those companies. That is unfortunate because those who are in the know, and have taken advantage of the significant leverage warrants offer over any other precious metals investment alternatives, have done extremely well over the past 2 years - and they are positioned to achieve even greater returns on their dollars deployed as the gold bull continues its run. Let me take this opportunity to enlighten you on this unknown rewarding world of warrants.
Monday, July 11, 2011
Gold in Excellent Position for Seasonal Breakout / Commodities / Gold and Silver 2011
By: Jordan_Roy_Byrne
Last week we wrote about Silver so this week we decided to provide an update on Gold. In looking at the price action and sentiment indicators we find that Gold is once again ripe for what is becoming an annual seasonal breakout. Gold has broken to a new all-time high in three of the past four years and presently, we are anticipating another breakout.
Monday, July 11, 2011
Gold: Where-Oh-Where Did My Summer Sale Go? / Commodities / Gold and Silver 2011
By: Adrian_Ash
Only twice since this bull market began has buying gold at its July low failed to pay by year's end. But in 2011...?
ASK ANY old lag in the gold market what to expect between now and September, and they'll point you to gold's seasonal shape – clearly seen in well over half the last 43 years of traded action.
Monday, July 11, 2011
Gold Surges to Nominal Euro and Sterling Records / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,553.11/oz, €1,104.47/oz and £973.00/oz.
Gold has risen to new record highs in pounds and euros as concerns about contagion in the eurozone and stagflation in the UK deepen. The euro has fallen sharply in international markets and is down 1.5% against gold so far this morning. European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis as concerns deepen over the sovereign debt crisis spreading to Spain and Italy.
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Monday, July 11, 2011
Gold Hits New Euro, Records on Eurozone Emergency Italy Unsustainable Debt Meeting / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE U.S. DOLLAR gold price climbed to $1550 per ounce just after midday in London – up 4.2% from the beginning of last week – while stocks and commodities plunged and US Treasury bonds rose after the president of the European Council called a crisis meeting to discuss Italy's sovereign debt.
Monday, July 11, 2011
Gold Enters Decision Making Area / Commodities / Gold and Silver 2011
By: Merv_Burak
Everything looked rosy this past week but now the question, “will it stay that way?” Time will tell but the latest action is getting into a decision making area. Let’s see how gold ended the week.
Monday, July 11, 2011
Is Russia Selling its Gold? / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
In the media on Thursday of last week, an article appeared in the States stating that "Russia is selling its gold". This may have alarmed those in the gold world, until they looked carefully at the words. The article gave the impression that the central bank of Russia was selling gold. But what was the real story? Is Russia selling its gold from its foreign exchange reserves? If so, it is flying in the face of its government and the policy of its central bank.
Sunday, July 10, 2011
Crude Oil Prices : The Seamless Web / Commodities / Crude Oil
By: Andrew_McKillop
As brokers and traders firstly tiptoe, then stampede out of both commodities and equities in programmed ritual lockstep when the warning signals of slower growth, higher debt, weaker money and more jobless persons flash deeper red we find more, clear, real-time proof what has happened to the financial space today. Commodities and equities are simply two facets of the same asset space. That single space is under heavy attack from reality but oil breakout on the upside, and equities on the downside is a new leading sign of that attack.
Sunday, July 10, 2011
If You Like the Big Trend in Gold, You Need to See the One in Coal / Commodities / Coal
By: DailyWealth
Matt Badiali writes: In yesterday's essay, Steve showed how profitable it is to own gold when the trend is up.
To most people, that sounds too simple to work... But as Steve highlighted, making money in the market often comes down just to sticking with the big trends.
Saturday, July 09, 2011
Dow 2,000 or Gold $10,000? / Commodities / Gold and Silver 2011
By: The_Gold_Report
Eric Hommelberg has called a few in his day. In 2009, he predicted gold would reach $1,300/oz. the following year. And it did. But $1,800/oz. gold by the end of the year? Gold has recently come off its high of $1,580/oz., but Hommelberg, a principal of ValcambiGold.com, isn't discouraged. In this exclusive interview with The Gold Report, Hommelberg makes a few more predictions.
Saturday, July 09, 2011
Gold Summer Trip and a Long-term Overview / Commodities / Gold and Silver 2011
By: Przemyslaw_Radomski
We've entered summer, a typically slow season for the metals, which is why they call it the summer doldrums. Gold closed June just 1.8% lower than it first started. Just for your information, the average summer drop over the last ten years was 8.6%, which at current levels would bring us to $1,407.53. It is also interesting to note that the summer lows have usually represented the bottom of the market for the remainder of the year, with one major exception, which was the difficult-to-forget year of 2008, which was when the summer decline was merely a harbinger of nasty things to come.