Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, November 05, 2011
Will the U.S. Become World’s Largest Oil Producer? / Commodities / Crude Oil
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
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
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
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
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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Friday, November 04, 2011
Central Banks Quietly Accumulating Gold - Declared Purchases of 206 Tons Through September 2011 / Commodities / Gold and Silver 2011
Gold is trading at USD 1,759, EUR 1,271.10, GBP 1,097.40, JPY 137,261, CHF 1,552.30, and AUD 1,690.40 per ounce.
Gold’s London AM fix this morning was USD 1,756.00, GBP 1,096.47, and EUR 1,269.61per ounce.
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Friday, November 04, 2011
Gold on a Run to $2000 by Year End / Commodities / Gold and Silver 2011
“All men see these tactics whereby I conquer, but what none
Can see is the strategy out of which victory is evolved.” --Sun Tzu—
The Dow Jones industrial average jumped 208 points Thursday after Greece scrapped a referendum on unpopular budget cuts and the European Central Bank unexpectedly cut interest rates. It was the second straight day of big gains in the stock market.
Friday, November 04, 2011
Crude Oil Explorers and Producers Hedge for Profit / Commodities / Crude Oil
Energy prices could be lower next year, but SunTrust Robinson Humphrey Analyst Neal Dingmann is finding both value and growth in small, hedged explorers and producers and in larger companies with cash on hand. In this exclusive interview with The Energy Report, Dingmann shares his favorite names.
The Energy Report: Why have so many oil exploration and production (E&P) companies failed to lock in prices for next year?
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Thursday, November 03, 2011
Gold Hits 6-Week High, Papandreou Won't Last til Tonight / Commodities / Gold and Silver 2011
U.S. DOLLAR prices to buy gold jumped to a six-week high of $1757 an ounce late on Thursday morning – though only 0.7% above last Friday's close – following reports that Greek prime minister George Papandreou was on the verge of offering his resignation.
Stocks and commodities gained, while the Euro dropped sharply following the European Central Bank's decision to cut interest rates.
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Thursday, November 03, 2011
US Mint Sales Show Buyers Want Silver / Commodities / Gold and Silver 2011
The US Mint released its silver sales figures, relaying to investors what was already known—investors want silver, and silver only.
The Mint ran into problems during September, taking more orders for coins than it had available in uncirculated condition. As of October 21, the problem in supplying the market with uncirculated coins has been smoothed out, and the market remains hungry for silver coins of all types, except those closest to numismatic coins.
Thursday, November 03, 2011
Indian Silver Demand to Blossom Amidst Festival / Commodities / Gold and Silver 2011
As fears of recession return, one major driver for silver consumption is still in play: India’s year-end festival. Shying away from high-priced gold, the more affordable alternative seems perfect at current prices, and some analysts believe 2011 demand could come in 50% higher than in 2010.
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Thursday, November 03, 2011
Questions to Ask Every Gold Mining Company / Commodities / Gold and Silver 2011
Could a few simple questions help you find winners in the mining space? Dr. Michael Berry, publisher of Morning Notes, thinks so. Berry has taken years of experience picking resource stocks and boiled it down to key questions he asks of every company. He has refined his Discovery Investing philosophy into the Discovery Investing Scoreboard software, which debuts for investors in January at the Cambridge House Symposium in Vancouver. Berry turns his high-powered analysis toward the European debt crisis and what it means for gold in this exclusive interview with The Gold Report.
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Thursday, November 03, 2011
How Long Will Gold Miners Lag Bullion Prices? / Commodities / Gold & Silver Stocks
As we have previously discussed, the gold miners continue to lag behind bullion prices. In the past six months, the SPDR Gold Shares ETF has increased by nearly 10%, while the Market Vectors Gold Miners ETF has declined by 5%. The disconnect continues as traders feel uneasy about equities and elevated gold prices. When it comes to panic and confusion, cash is still king on Wall Street. However, another well-known investor is endorsing gold mining companies, a sign that gold miners may finally catch up to bullion prices.
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Thursday, November 03, 2011
Peak Oil Could Limit Economic Growth / Commodities / Crude Oil
Exponential debt increases coupled with limited natural resources mean that we are in a predicament. This is the message The Crash Course Author Chris Martenson delivered at the Casey Research/Sprott Inc. summit, "When Money Dies." As an economic researcher, Chris considers the "Three E's" that shape our future: Economy, Energy and the Environment. In the below presentation, "Unfixable," Chris explains to Energy Report readers why these indicators suggest a global economic slowdown. Read on.
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Thursday, November 03, 2011
China Completes First Biofuel Jet Test Flight / Commodities / Ethanol
On 28 October Air China conducted its first trial flight of a passenger jet powered by a mix of biofuel and traditional aviation fuel.
The Jet A-1 biofuel kerosene used in the flight was derived from the seeds of tung trees, more commonly known as japtropha.
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Thursday, November 03, 2011
Gold Stocks / Commodities / Gold & Silver Stocks
compelling argument to steer clear of gold and silver miners is their poor management. "Those companies are run by a bunch of miners. They don't know how to manage a company." Most often this criticism refers to gold miners' seemingly insatiable desire to issue new shares. By issuing new shares, a company reduces the value of shares already in the hands of the public. For instance, a company has issued 10 million shares of common stock. Now, it sells another 10 million shares. The profit-per-share to current shareholders (before the new issue) is cut by one-half.
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Wednesday, November 02, 2011
Silver Is Ready, Are You? / Commodities / Gold and Silver 2011
In my previous silver update, I presented the following chart, which indicated that silver was at a major crossroads:Read full article... Read full article...
Wednesday, November 02, 2011
Will China Save CleanTech / Commodities / Renewable Energy
One of the most derisory add-on components to the supposed miracle accord cobbled together under France's Sarkozy and Germany's Merkel last week, to save Europe through a Bad Debt Fund (called the Financial Stability Fund) was the claimed sincere interest of China to partly finance this fund by recycling some of its huge stash of euros and dollars - while they still have any value. French state TV channels went as far as telling their supposedly gullible or plain stupid viewers that the Chinese interest almost verged on humanitarian concern !
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Wednesday, November 02, 2011
Gold Rebounds, Greek People asked to say "Yes or No" to Euro, FOMC "To Lay Ground for QE2" / Commodities / Gold and Silver 2011
THE SPOT MARKET gold price climbed to $1736 an ounce in early London trading – 3.1% above Tuesday's low – before falling back a bit, while European stock makrets halted recent steep declines but failed to stage a convincing rally following news that Greece's prime minister had been summoned to France to explain himself after calling for a referendum on last week's bailout deal.
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Wednesday, November 02, 2011
Gold ready to attack prior highs in the 1900’s / Commodities / Gold and Silver 2011
It’s been several weeks since I’ve written about Gold and we have had a wild ride since the 1910-1920 highs in August. At the time as we approached I forecasted a major correction was nigh and we were shorting the rise from 1862-1910 prior to a huge $208 drop that took place over just a few days. We covered our short at $1725 and then Gold rallied back to a double top at $1920 and then fell back to $1531.Read full article... Read full article...