Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, July 15, 2011
Bullish Copper Technicals / Commodities / Metals & Mining
By: Zeal_LLC
Copper is growing increasingly popular among speculators, who are catapulting this unassuming base metal up into the rarified ranks of market-darling commodities. Neither precious like gold, nor immediately consumed like oil, copper’s price action is quite unique. And despite some risky headwinds remaining, its technicals are once again turning bullish today.
Friday, July 15, 2011
Crucial Gold and Silver Showdown Opportunities / Commodities / Gold and Silver 2011
By: DeepCaster_LLC
Now that Gold has broken out to its all-time nominal high, we have a Showdown with Great Opportunities enabled by, but at the same time threatened by, Great Challenges. Consider:
“On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got the money, which went straight into the reserve accounts of banks, where it still sits today. Worse, it went into the reserve accounts of FOREIGN banks, on which the Federal Reserve is now paying 0.25% interest.
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Friday, July 15, 2011
Gold and Silver Mining Stocks Stop as General Stock Market Falls / Commodities / Gold & Silver Stocks
By: Przemyslaw_Radomski
Gold surged to a new record on Wednesday, propelled by the possibility of a third round of quantitative easing in the US. Already rallying hard on the back of fiscal concerns in the Eurozone, gold jumped to within reach of $1,600 an ounce after Fed Chairman Ben Bernanke said the central bank could take further steps to prop up the US economy if needed (read that as QE3). Gold rose as much as 1.4 per cent on Wednesday to touch a new peak of $1,587.46 an ounce. That surpassed the previous peak of $1,575, reached on May 2. Looking back we see that gold rallied about $270 an ounce between Bernanke’s first mention in August of last year of a second round of quantitative easing – or “QE2” – and the end of the program in June.
Friday, July 15, 2011
Global Gold Reserves Update / Commodities / Gold and Silver 2011
By: Jesse
These are the offically reported reserves of the countries as of the end of June according to the World Gold Council.
It should be noted that these do not include any private holdings, which may be quite significant especially in certain countries like India and the Middle East.
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Friday, July 15, 2011
Gold Rallies on 50-50 Chance US will Lose Triple-A Credit Rating Status / Commodities / Gold and Silver 2011
By: Ben_Traynor
DOLLAR gold prices rose to $1583 per ounce Friday morning London time – having dropped back in Asian trade following all-time highs – while stocks and commodities were flat and US Treasury bonds edged up in spite of warnings the US could lose its AAA status.
Going into the weekend, gold prices looked set to post a 2.5% weekly gain.
Friday, July 15, 2011
Gold and Silver Could Go Parabolic Due to Global Shockwaves if U.S. Defaults / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,580.40/oz, €1,117.36/oz, £980.76/oz.
Gold is some 0.5% lower against the U.S. dollar and most currencies today but higher in Australian dollars as the Aussie fell on Australian and global economic growth concerns. Asian equity indices were mixed as are European indices.
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Friday, July 15, 2011
Crude Oil Price Uncertainties / Commodities / Crude Oil
By: Seven_Days_Ahead
The Euro zone sovereign debt crisis had barely been quietened by Greece agreeing to the austerity terms of her second financial rescue, when traders turned their attention to the public finances of Italy.
Friday, July 15, 2011
Sugar Price Surge Nears Resistance / Commodities / Agricultural Commodities
By: Seven_Days_Ahead
After peaking in early Feb the drop back in Sugar 11 found a low in May, from whence a recovery got underway. This has made a new high on the front month chart, but certain resistance levels are now not far off.
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Friday, July 15, 2011
While Congress Bickers Gold GLD ETF Remains a Profitable Trade / Commodities / Gold and Silver 2011
By: George_Maniere
Yesterday morning Dr. Bernanke met with members of Congress again. Yesterday I think Congress heard not what they wanted to hear but instead they heard what Dr. Bernanke actually said. I listened to him on Wednesday and I listened to him yesterday. He sang the same song on both days. He once again emphasized that overzealous cuts to government spending in the short term could derail an already fragile recovery.
Friday, July 15, 2011
Critical Minerals and Materials Strategy / Commodities / Metals & Mining
By: Richard_Mills
In this article I am going to take a look at three reports covering what the US and Europe consider critical or strategic minerals and materials.
In its first Critical Materials Strategy, the U.S. Department of Energy (DOE) focused on materials used in four clean energy technologies:
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Friday, July 15, 2011
Smart Silver Buying on eBay / Commodities / Gold and Silver 2011
By: Dr_Jeff_Lewis
Silver accumulators have to start somewhere. Ten years ago, a silver buyer might have used his landline phone to call a small coin shop for a quote on silver bullion. If the buyer were lucky, he or she might have access to a wholesaler, who could sell them small amounts of bullion with minimal markup. Today, the silver buyers are going straight to eBay, but the online auction site can be both a blessing and a curse.
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Friday, July 15, 2011
Silver Breaks Out of Basing Pattern, Starts Next Major Uptrend / Commodities / Gold and Silver 2011
By: Clive_Maund
Yesterday's high volume breakout above its 50-day moving average marked completion of the intermediate basing pattern and the start of the next major uptrend in silver. Everything in now in place for a substantial uptrend to develop in coming months that should take silver comfortably to new highs. Fundamentally yesterday's breakout was due to the realization in the markets that QE is set to continue, whether called QE or not, and in fact it must continue, as any attempt to apply the brakes at this late stage would result in a global systemic economic collapse.
Friday, July 15, 2011
Gold Breaks Out of 10 Week Trading Range / Commodities / Gold and Silver 2011
By: Clive_Maund
On Wednesday gold broke out from a 10-week long box or rectangular consolidation pattern to commence its next major upleg. Fundamentally this coincided with noises emanating from the US to the effect that it is recognized that there is no alternative but to continue with QE. Denials later in the day caused the broad stockmarket to lose much of its gains, but the fact is that there is no alternative to QE, except a global systemic economic implosion, and thus, there is no alternative to QE, although attempts may be made to disguise the extent of it.
Thursday, July 14, 2011
Yen's Hidden Global QE Signal and Gold Breakout / Commodities / Gold and Silver 2011
By: Jim_Willie_CB
Take a short break from all the hubbub in the United States over the faltering USEconomy, the reckless politicians pretending to come to a USGovt budget agreement (small or large), and the tacit admission by USFed Chairman Bernanke that indeed QE3 is very likely. The June Jobs Report confirmed my forecast of a moribund economy in deterioration. The Republicans will not budge on their refusal to approve tax increases. The Democrats will not budge on their refusal to approve entitlement cuts. The Pentagon through hidden pressures has managed to keep the sacred war off the table for discussion, even though it stands as the largest factor in the federal deficits. But the queer item is that President Obama spent most of his time in the last six weeks raising $86 million for his re-election campaign. His taking the high road in the budget discussion reeks of hypocrisy.
Thursday, July 14, 2011
Gold Close to $1600 as U.S. and Europe's Debt Crisis Creates Bullish Cocktail / Commodities / Gold and Silver 2011
By: Ben_Traynor
PRICES to buy gold bullion came within a few cents of $1595 an ounce Thursday morning London time – a new wholesale market record and a 7.8% gain from the July 1 low.
Gold bullion also set a Dollar record in Dollar terms at Thursday morning's London Fix, at $1592.50 per ounce.
Thursday, July 14, 2011
Gold Targets $1600 New Record, Silver Surges 9% in 24 Hours as Dollar Falls / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,592.14/oz, €1,122.17/oz and £987.62/oz.
Gold has risen to new record nominal highs at $1,594.45 per ounce and silver has surged another 3% to over $39 per ounce after yesterday’s 6% rise. Today’s London AM Fix gold fix was $1,592.50 £987.54 and €1,119.04 – all of which are new record nominal highs.
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Thursday, July 14, 2011
The Fight For Dreamtime Gold / Commodities / Gold and Silver 2011
By: Andrew_McKillop
GERMANY SAYS
By July 13, in the space of one week, Europe's dramatic monetary, financial and economic meltdown had spiralled up several notches to feature ever more strident, irrational and impossible claims and counterclaims from the rightly named political and economic 'players' responsible for the mess. Outside Germany, most media coverage presented this as Germany-versus-the-rest. The strongest economy in Europe, with the biggest gold reserves in its central bank was laying down the law on what happens next. Unreality notched further up with the German claim that this time around, in the constantly growing spiral of sovereign debt crises and bailouts in Europe, the private banks, insurers and other key players such as mortgage lenders will have to shoulder plenty of the costs - which in fact is impossible.
Thursday, July 14, 2011
Gold Strength in All Fiat Currencies / Commodities / Gold and Silver 2011
By: Adam_Brochert
Let others worry about trampoline jumping fiat currencies in the financial arena constructed by paperbugs. Gold bulls know all paper is sinking relative to Gold (and silver). It's not rocket science, it's the common sense that seems to be in short supply in a world held hostage by printing press-running central banksta fascists/corporatists.
Thursday, July 14, 2011
Gold, Silver and Crude Oil Show Signs of Strength / Commodities / Gold and Silver 2011
By: Chris_Vermeulen
The past couple months (May and June) have been tough on precious metals and crude oil. But recent price action shows that buyers are stepping back into the market buying up these commodities once again.
Let’s take a quick look at the charts…
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Thursday, July 14, 2011
Gold and Silver Picking Up Steam Relative to Stocks / Commodities / Gold and Silver 2011
By: Chris_Ciovacco
Before we check in on the current status of gold (GLD) and silver (SLV), it is helpful to review their fundamental appeal to investors. Studying the performance of silver relative to gold is not just for gold bugs; it can help us monitor the health of the ‘risk on trade’ relative to the ‘risk off trade’ in many markets, including stocks (SPY) and commodities (DBC).