Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, October 27, 2010

Will 'Megatons To Megawatts' Solve The Uranium Supply Pinch ? / Commodities / Uranium

By: Andrew_McKillop

MEGATONS TO MEGAWATTS
World uranium supply deficit, currently running at about 12 500 to 15 000 tons (2010 mine and supply forecasts relative to demand forecasts), or about 20 percent, is covered from sources especially including stocks held by mining companies, power plant operators and builders. This massive deficit is also partly covered, perhaps by 4 000 tons of uranium equivalent per year, with recycled and diluted highly radioactive wastes including plutonium that are converted to so-called MOX fuel (Mixed OXide), almost exclusively in France and the UK.

Wednesday, October 27, 2010

Crude Oil Rally Halted as U.S. Dollar Gains / Commodities / Crude Oil

By: LiveCharts

Gains in the dollar have put a brief halt in a three-day run of gains in oil prices. Benchmark crude oil scheduled for December delivery currently (October 27) trades at $81.73 in early New York NYMEX trade.

Current crude oil prices mark an 82 cent decline from Tuesday’s settle price on the New York Mercantile Exchange.

Wednesday, October 27, 2010

Gold Tight Supply to Complement Robust Demand / Commodities / Gold and Silver 2010

By: Mike_Stall

In an earlier article, we have established a robust outlook for precious metals’ demand in the long term. With the outlook on demand remaining upbeat, an analysis of the supply side will complete a fundamental study of the metals space. Generally, oversupply kills any optimism that strong demand creates. What is of more importance to investors is the demand supply gap rather than demand alone, as this is the prime determinant of long term prices.

Wednesday, October 27, 2010

Gold Falls on Cautious QEII Report, Silver Spike Manipulation Statement / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD slipped back to last week's finish below $1330 an ounce in London on Wednesday, as the US Dollar rallied after a Wall Street Journal report said the Federal Reserve will be more cautious-than-expected in next week's hotly-anticipated asset purchase program – also known as QEII.

Crude oil contracts fell for the first time since Friday. Emerging-Asia stock markets lost 0.8%.

Wednesday, October 27, 2010

Silver Robust as CFTC Commissioner Alleges Price Manipulation / Commodities / Gold and Silver 2010

By: GoldCore

While gold fell marginally yesterday (down 30 cents) on dollar strength, silver rose by over 1% (by 28 cents to $23.81/oz) after a senior CFTC Commissioner alleged that major silver market participants were involved in manipulation and suppressing the silver price. Overnight and this morning there has been weakness in equity markets internationally and in commodity markets with suggestions that risk aversion may have picked up ahead of the FOMC decision next Wednesday.

Wednesday, October 27, 2010

Surging Corn Prices Making Hay for Commodities Producers / Commodities / Agricultural Commodities

By: Money_Morning

Jason Simpkins, writes: Corn prices have surged more than 70% since May and could rise even higher in coming weeks. Prices will remain elevated for at least the next year, perhaps even testing their 2008 record high of $7.65 a bushel. That will likely mean higher food prices across the board for at least the next year.

Money Morning predicted in May that after falling below $3.50 per bushel in March, corn prices would surge higher than $6 by the end of the year. That forecast has proven prescient, as corn rose to a two-year high earlier this month.

Wednesday, October 27, 2010

How Far Will Silver Fall? That Could Depend on the Stock Market / Commodities / Gold and Silver 2010

By: Przemyslaw_Radomski

China is the world’s largest producer of gold, but it has plenty of other precious metals and rare minerals as well. Some in the world are already worried about so much power concentrated in one place.

A Bloomberg Report this week stated that silver exports from China, one of the world's largest, may drop about 40 percent this year as domestic demand from industry and investors climbs. China is the third-largest producer after Peru and Mexico. It is expected that reduced exports will boost prices. Industrial applications for silver, including electrical conductors and batteries, represent about half global demand. Silver has rallied 44 percent this year, outperforming gold and copper.

Wednesday, October 27, 2010

Gold’s Performance Continues to Lag the Global Stock Markets / Commodities / Gold and Silver 2010

By: Lorimer_Wilson

Nu Yu writes: Gold and silver have had a sharp move downward in response to China’s first interest rate hike last week while the stock market continues to move forward begging the question:

“Is gold decoupling from the stock market?”

Wednesday, October 27, 2010

Approaches to Investing in Gold and Silver / Commodities / Gold and Silver 2010

By: Arnold_Bock

It is genuinely amazing that so many economists and investment professionals continue to promote “business as usual” investment advice.  Their clients will surely pay a steep price for this “head in the sand” approach to investing. Here’s why.

Wednesday, October 27, 2010

Natural Gas, Theres Always a Bear Market Somewhere to Accumulate Into / Commodities / Natural Gas

By: The_Energy_Report

Rick Rule has mastered his fear. A renowned resources investment manager, Rick likes underdog sectors that have fallen out of favor with the wider investment world and has the fortitude to hold those stocks through volatility. In this exclusive interview with The Energy Report, Rick explains why he likes the pummeled natural gas sector and why he hopes he loses money on his sizable bullion holding.

The Energy Report: I attended your speech at the recent Casey Conference, wherein you professed a love of bear markets because everything is cheap. Can you explain further?

Tuesday, October 26, 2010

Gold in a Low-Inflation Environment, Part II / Commodities / Gold and Silver 2010

By: Adrian_Ash

"There is too little money in the economy."    – Bank of England governor Mervyn King, 19 October 2010

SO the FEDERAL RESERVE is dead-set on creating inflation, and it's plain to see why.

Household debt in the US now stands so large, paying it down to 2001 levels – as a proportion of income – would require a drop in consumer spending of $2.7 trillion, some 18% of this year's gross domestic product. Deleveraging to 1990 levels of gearing (again, a then-record at the time) would cost US households $3.5 trillion, well over a quarter of their 2010 incomes.

Tuesday, October 26, 2010

Has Gold Price Peaked? / Commodities / Gold and Silver 2010

By: Julian_DW_Phillips

G-20 meeting limited competitive devaluations - Even the media now treats G-20 meetings as either non-events or highlights the emptiness of their concluding resolutions. We shouldn't continue to look to them for real change or commitment. But this weekend's meeting produced more than expected in the statement that was made that nations had agreed to not continue 'competitive devaluations'. The only nation admitting to such practices is Japan. As markets opened on Monday the Yen rose against the dollar to a new 15-year high at 80.2 before falling back to 81.29 ahead of New York's opening bell. All eyes are on the Yen to see what really is important to Japan, international interests or national ones.

Tuesday, October 26, 2010

Silver will bottom at $22, then $45 by March 2011, then crash to $25 / Commodities / Gold and Silver 2010

By: Shelby_H_Moore

Let's compare to the dip during 2005-2006 silver rocket

Notice how in Dec. 2005, silver broke below the trend-line, then the trend-line was resistance during the remainder of the dip. Then notice how silver recently broke below the trend-line. Thus I expect silver to reach no more than about $24, before it falls again.

Tuesday, October 26, 2010

Gold and Silver Reverse Dollar Bounce on Profit-Taking / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD unwound yesterday's 1.5% gain vs. the Dollar in Asian and London trading on Tuesday, slipping as the US currency recovered from sharp losses against crude oil, world equities and the Euro.

"Gold was well offered" at the start of London trading today, says one dealer.

Tuesday, October 26, 2010

Gold and Silver Drift as Federal Reserve Will Target $2 to $4 Trillion in Bond Buys / Commodities / Gold and Silver 2010

By: GoldCore

Slight dollar strength has contributed to gold and silver falling marginally in London trading so far today. Physical demand remains robust with buyers continuing to accumulate on the dips. With monetary easing set to continue and indeed deepen in the coming months this is likely to continue. Support is at $1,317/oz and resistance is at $1,348/oz and $1,385/oz.

Tuesday, October 26, 2010

China's Rare Earth Metals Revenge, U.S. Military Vulnerable / Commodities / Metals & Mining

By: Jennifer_Barry

While China has slowly increased their market share in rare earth metals for decades, this year marks a quiet crisis in these elements. As James Dines reported in a recent interview,  the Chinese now produce 97% of rare earth oxides and have cut back sharply on exports, slashing them 72% for the second half of 2010. These quotas are causing price spikes from panic buying.

Monday, October 25, 2010

Gold Reacts and Mining Sector Benefits / Commodities / Gold and Silver 2010

By: The_Gold_Report

In this exclusive interview with The Gold Report, investor, mathematician and former fund manager Michael Berry, PhD, tells us he is bullish on gold, which he expects will double or more in price in the not-too-distant future. In the meantime, with organizational skills developed in a previous career as professor of investments, Berry has created a 10-point "Discovery Investing" (DI) model by which all stocks in his universe are graded. For his own portfolio and as well as his Morning Notes newsletter, he has staked out plays on several small- and micro-cap mining stocks that he expects will perform quite well through either price appreciation on discoveries or takeover.

Monday, October 25, 2010

Gold Continues to Outshine the Field / Commodities / Gold and Silver 2010

By: Pete_Grant

Peter Grant writes: It has been another stellar year for gold, which appreciated 31.26% in the 12-month period ended September 30, 2010. Only the Liv-ex 100 Fine Wine Index performed better, albeit nominally so. Nonetheless, let’s raise a glass to those two fine investments, gold and wine! No wait! Not the good stuff!

Monday, October 25, 2010

The Myth of Peak Oil and Why Peak Oil is Overrated / Commodities / Crude Oil

By: Maninder_Batra

While the peak oil theorists keep consistently declaring that the world oil is going to peak and that society is going to collapse soon afterwards .But these peak oil theorists only consider conventional onshore oil while making their apocalyptic prophecies .but they do not consider the development of new technologies that have enabled the extraction of heavier and unconventional oils like tight oil, bitumen tar sands, extra heavy oil, oil shale.

Monday, October 25, 2010

Buyers Pour into Gold and Silver Rally After G20 Failure / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF PHYSICAL gold bullion rallied 1.2% against the Dollar and 0.8% against the Euro in Asian and early London trade on Monday, rising as "buying poured into the market" after the weekend's inconclusive G20 summit, according to one Hong Kong dealer.

"It was practically a one-way street. Every pullback was minimal and attracted more buying."