Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, March 05, 2012
Citigroup Forecasts Gold $2,400 in 2012 and $3,400 "In Coming Years" / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,698.00, EUR 1,286.17, and GBP 1,073.60 per ounce.
Friday's AM fix was USD 1,714.50, EUR 1,292.99, and GBP 1,076.14 per ounce.
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Monday, March 05, 2012
Short Term Pullback in Brent Crude Oil Price Starts / Commodities / Crude Oil
Brent prices have reached, for the short term, a peak. The Atlantic basin commodity has topped out at $128.40 and is now pulling back to the first support level of $120. The trigger for the expected retracement appears to be the US dollar.
Brent prices tend to trade in the opposite direction to the US$. And the Big dollar is beginning to rise again (Chart 1). The currency bounced off of the $0.782 support line in February and is now advancing to a target of $0.805.
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Monday, March 05, 2012
Digital Gold is the Game Changer / Commodities / Gold and Silver 2012
Read this article for a brief analysis on recent opinions on whether gold can ever return to the heart of the monetary system, and for whether we need government to be involved in this vitally important part of our economic lives. Does the internet and payments system mean a game changer for payments of gold bullion?
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Saturday, March 03, 2012
Where is Greece’s Gold? / Commodities / Gold and Silver 2012
Alasdair Macleod writes: Recently there have been reports that if Greece defaults on the new bail-out package, creditors will be entitled to seize her gold. Whether or not this is true, it raises one big question: given the severe financial and economic crisis in Europe, what is the current collective attitude of the eurozone central banks to gold?
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Saturday, March 03, 2012
Marc Faber States Gold Far From Bubble Phase / Commodities / Gold and Silver 2012
With more than 40 years as an economist to his credit and claiming gold as the "biggest position in my life," Gloom Boom & Doom Report Publisher Marc Faber assures us that gold is nowhere near a bubble phase, but cautions that corrections of 40% are not unusual in a bull market. At the end of March, Faber will share his secrets for surviving corrections at the World MoneyShow in Vancouver. In advance of that appearance, he sat down with The Gold Report for this exclusive interview where he discusses his bias for portfolio diversification in terms of geographies as well as asset classes.
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Saturday, March 03, 2012
Will the Gold and Silver Smackdown Deter Investors? / Commodities / Gold and Silver 2012
Leap Day was very unkind to precious metals. The extra trading day in February delivered gold and silver their biggest one-day loss this year. Gold for April delivery fell $100 before closing down $77.10 and settling at $1,720 per ounce. Meanwhile, silver for March delivery plummeted $2.56 to close at $34.58 per ounce. Although this type of price action may seem troubling for newcomers, it is becoming routine for seasoned precious metal investors.
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Saturday, March 03, 2012
How to Put Yourself on the Gold Standard / Commodities / Gold and Silver 2012
While you may agree with me that the world desperately needs the gold standard, you may be equally convinced that the day global leaders embrace it is still a long way off. Fortunately, regular people no longer have to wait for the leadership to come to their senses. It is now possible for individuals to establish a personal gold standard using the world's first Gold Debit Card. The service, offered by my company Euro Pacific International Bank, allows users to save in gold but spend in local currency.
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Saturday, March 03, 2012
Gold Downside Targets and Market Manipulative Excuses / Commodities / Gold and Silver 2012
When a roller coaster plunges it’s gut-churning, heart-racing, blood curdling, in a word--petrifying. That’s how precious metals investors must have felt Wednesday when gold plunged more than 5 per cent to hit a low of $1,688.44 ounce, after earlier trading as high a $1,791.49 an ounce.
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Saturday, March 03, 2012
Gold Bullion and Mining Shares Shakeout / Commodities / Gold & Silver Stocks
Mining shares and the precious metals were hard hit on Wednesday after Fed Chairman Bernanke appeared before Congress. Bernanke gave his view on the U.S. economic outlook during and offered a mixed message. He touted the recovery in the job market while warning that unless growth accelerated, the unemployment rate wouldn't continue to drop.
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Friday, March 02, 2012
Natural Gas Investor Opportunity / Commodities / Natural Gas
Marin Katusa, Chief Energy Investment Strategist, Casey Research : The energy market is a complex beast, its many parts interconnected through a multitude of linkages. When one part fails, the entire system reacts: certain linkages are burdened with extra stress, while other components sit idle. Only by studying the entire machine can one understand the rippling effects that stem from one change.
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Friday, March 02, 2012
Consumption and Inflation Mega-trends, The Great Sharing / Commodities / Inflation
The most investable trend over the next 20 years is going to be the rising price of commodities, rising prices will be caused by two factors;
- Increasing consumption
- Inflation
Friday, March 02, 2012
Gold Mining Margins / Commodities / Gold & Silver Stocks
The history of gold mining has been well-documented for thousands of years. And with the demand for this most precious of metals going nearly as far back as human history, miners have ventured to just about every corner of the planet in their quest to find it. Yet unlike the miners of yore that were commanded by kings, today’s miners are commanded by profits.
Like in any business, gold miners do what they do in order to make money. If they can sell their product for more than what it costs to produce, then they ought to see profits. But unlike any business, gold mining is a complex endeavor with a myriad of variables that can radically affect operations on virtually a daily basis. This makes miners’ financial affairs far from cut-and-dry.
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Friday, March 02, 2012
Physical Gold Demand "Picks Up" in Asia But Further Drop Could See $1500 / Commodities / Gold and Silver 2012
THE U.S.DOLLAR gold price fell to $1708 an ounce Friday lunchtime in London – a 0.9% drop on Friday's Asian session high – as stock and commodity markets also fell slightly amid ongoing uncertainty over the Greek bailout deal.
"Another move below $1690 will have the market refocusing back toward $1500," says the latest note from gold bullion dealing bank Scotia Mocatta's technical analysis team, referring to the low hit after Wednesday's $100 per ounce drop.
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Friday, March 02, 2012
Buy the Dips in Gold (NYSE: GLD) / Commodities / Gold and Silver 2012
Jack Barnes writes: SPDR Gold Trust (NYSE: GLD) experienced a major pullback on Leap Day this week, dropping almost exactly 100 points on the day.
This happened while the European Central Bank (ECB) offered its second tranche of three-year Long Term Recapitalization Operations (LTRO).
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Friday, March 02, 2012
Gold price drops – do we care? / Commodities / Gold and Silver 2012
On Wednesday we sat helpless as we watched the gold price plummet from $1790 to a low of $1696, whilst the silver price followed suit falling by $3.94 from $37.00.
Have the gold naysayers been proven right? Have Warren Buffet’s latest comments rung true to the market?
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Friday, March 02, 2012
The Dawn of the Natural Gas Era / Commodities / Natural Gas
New oil harvesting technologies first perfected in the Bakken are opening up production around the world. Stephen Taylor, portfolio manager of The Taylor Fund and founder of Taylor Asset Management, is excited about the prospects for several New Zealand-based efforts. He's also optimistic about the dawning of a new age for natural gas as the chemical sector steps in to prop up slumping prices in this exclusive interview with The Energy Report.Read full article... Read full article...
Friday, March 02, 2012
Six Resource Explorers with the Midas Touch / Commodities / Resources Investing
Moderated by Louis James, Casey Research : The following is a video recording of the Casey Research Explorers' League panel – moderated by Louis James – at the Cambridge House Investment Conference in Vancouver, January 2012.
Listen to the valuable information and guidance passed along by some of the most successful mineral explorers in the world… or read the transcript below.
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Friday, March 02, 2012
Nymex Crude Oil Looking Higher / Commodities / Crude Oil
The decline in nearby NYMEX Crude Oil prices from last Friday's high at 109.95 to yesterday's low at 104.84 returned the price structure to its prior multi-month upside breakout plateau at 104.50 (from Feb 19). This contained the selling pressure and attracted buying interest that then propelled oil above 107.00, in what looks like the completion of a near-term correction within the larger bull move off of last October's low at 74.95.
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Friday, March 02, 2012
High Voltage Oil Saving - Last Chance For The Electric Car / Commodities / US Auto's
Whether its the French-Japanese Nissan Leaf or the all American Chevrolet Volt, Chinese-American BYD and India's Reva, small scale producers of all-electric vehicles in other countries, and the infant industry's derived service providers like Israeli majority owned Better Place, times are very hard. Sales are in no way "exploding" and the reasons are starkly clear.
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Thursday, March 01, 2012
The Mystery Behind Rising Crude Oil Prices Solved / Commodities / Crude Oil
Everything I’ve been warning about regarding the fallout from global central bankers’ love affair with inflation is coming to fruition. Consumers are once again dealing with the fact that the cost of filling up their gas tank is eating a significant portion of their disposable income. The price of a barrel of oil is now soaring above $100 a barrel; just as it always has done when the Fed has gone on one of their counterfeiting sprees. And it’s not just dollars that have been eroding in value because the price of oil in Euros is now at a record high. The sad truth is that with each iteration of QE, either in the U.S. or around the globe, it has sent oil prices skyrocketing, inflation rising and the economy into the tank.Read full article... Read full article...