Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, June 22, 2011
Platinum to Gold Ratio and Detecting Bubbles / Commodities / Gold and Silver 2011
By: Willem_Weytjens
An article on BespokeInvest about the Platinum-to-Gold ratio today drew my attention.
I therefore wanted to get to know more about this ratio. I knew that the ratio had been trading around 2 over the last 10 years, which was why I invested heavily in Platinum and its little sister metal Palladium in December 2008 and early 2009 when prices crashed, and Platinum became cheaper than gold (the ratio thus dropped below 1). When the economy rebounded, the ratio rebounded to 1.50, but the last couple of months, it has been declining again, and is approaching 1 again, as it is currently at 1.13 with gold prices around 1546 and Platinum around 1742.
Wednesday, June 22, 2011
Greeks Turn to Gold as Safe Haven Demand Surges / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,544.31/oz, €1,072.96/oz and £957.30/oz. Gold is lower in dollars but higher in euros and has reached new record highs in pounds sterling at £958.25/oz. Gold is being supported by strong and increasing demand internationally.
Sterling has fallen after the BoE minutes raised concerns of further quantitative easing and currency debasement. The Bank of England looks increasingly likely to maintain its ultra accommodative monetary policies. Interest rates may continue to remain at multi century lows and the BoE is again considering more printing of money to buy government debt.
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Wednesday, June 22, 2011
Gold Falls in Dollars But Hits New High in Sterling as Greeks Hoard Bullion / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE SPOT MARKET Dollar gold price fell to $1542 per ounce late Wednesday morning in London – still a touch above where it started the week, and 2.2% off last month's record high – while commodities fell and stocks were mixed after Greece's prime minister survived a confidence vote.
Silver prices fell below $36 per ounce – 28% below April's record high.
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Wednesday, June 22, 2011
Are Gold Stocks Facing Another 2008 Crash? / Commodities / Gold & Silver Stocks
By: Jordan_Roy_Byrne
In a word, no. We divide our rationale into three parts.
Macro : Back in 2008, a recession was beginning, the private sector was in intense deleveraging mode and the credit markets foreshadowed what was to come in the equity and commodity markets. Today we are seeing growing credit stress on the sovereign side and not in the private sector as we had in 2008. Certainly there are issues with banks but its impossible to see a repeat of 2008 when major liquidation, bankruptcies and layoffs already happened. They can and will happen again but the scale would be much smaller and so would the effect on capital markets.
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Wednesday, June 22, 2011
Best Uranium Stocks to Rebound in 2011 / Commodities / Uranium
By: The_Energy_Report
While uranium prices fell after the Japanese earthquake and tsunami, Versant Partners Analyst Rob Chang says in the long term, prices must rise due to a supply shortfall and the economic necessity of using nuclear power. In this exclusive interview with The Energy Report, Chang suggests ways to take advantage of the eventual rebound and highlights some companies that will be the first to see rising stock prices.
Wednesday, June 22, 2011
Could Rare Earth Elements Cartel Dictate Future for Junior Miners? / Commodities / Metals & Mining
By: Critical_Metals_Repo
An Americas-centric rare earth elements-processing cartel is forming to create a supply chain independent of China. In this exclusive interview with The Critical Metals Report , Mercenary Geologist Mickey Fulp points to the top companies that could be big players in the next five years.
The Critical Metals Report: The critical metals space can be very confusing. People lump all kinds of metals, including lithium, into general categories using the terms rare earth elements (REE), strategic or technology metals. What is your view on this and what should investors really be concerned with?
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Wednesday, June 22, 2011
Critical Raw Materials / Commodities / Metals & Mining
By: Richard_Mills
A critical or strategic material is a commodity whose lack of availability during a national emergency would seriously affect the economic, industrial, and defensive capability of a country.
The report "Critical Raw Materials for the EU" listed 14 raw materials which they deemed critical to the European Union (EU): antimony, beryllium, cobalt, fluorspar, gallium, germanium, graphite, indium, magnesium, niobium, platinum group metals , rare earths , tantalum and tungsten.
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Tuesday, June 21, 2011
Kazakhstan's Uranium Industry Could Lose Its Luster / Commodities / Uranium
By: OilPrice_Com
What a difference a year and a tsunami make.
Western investors have been salivating over the post-Soviet space's energy riches since the 1991 collapse of communism. While focusing on the Caspian's hydrocarbon reserves other mineralogical riches awaited development as well, none more so than Kazakhstan's vast uranium deposits.
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Tuesday, June 21, 2011
Uranium Stocks Basing As Fukushima Proves Nuclear Power Is Here To Stay / Commodities / Uranium
By: Jeb_Handwerger
A significant base may be forming in uranium stocks -- seen in the Global X Uranium ETF (URA) -- as Japan's troubled nuclear energy industry passed its first major vote since the Fukushima tragedy. Many of the stocks that make up this etf are down more than 40% such as Uranium Resources (URRE) and Uranium Energy Corporation (UEC). But positive news is beginning to reemerge after three months of naysaying. Fukushima is proving nuclear is here to stay.
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Tuesday, June 21, 2011
Gold Gains on US Debt Woes that Far Exceed Europe's / Commodities / Gold and Silver 2011
By: Ben_Traynor
THE WHOLESALE price of gold bullion rose above $1545 per ounce Tuesday morning in London – just over 2% off last month's all-time high – while stock and commodity markets also gained.US Treasury bonds fell meantime as negotiations continued over the US federal debt ceiling.
Tuesday, June 21, 2011
Indian Gold and Silver Imports Surge 222% as Official Inflation Surges to 8.65% / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,544.39/oz, €1,076.08/oz and £954.27/oz. Gold is marginally higher in most currencies today and on the verge of making new nominal highs in dollars, euros and pounds.
It is holding near record highs as there is no quick end in sight to economic turmoil in Europe after Greece was told to approve brutal new austerity measures to avoid defaulting on its debt. This would threaten the solvency of many western banks and the European Central Bank's Ordonez (member of the ECB’s governing council) warned this morning that the Greek crisis could have ‘transcendent consequences’.
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Tuesday, June 21, 2011
Agriculture's Impending 'Storm' Will Send Corn Prices Soaring / Commodities / Agricultural Commodities
By: Money_Morning
Kerri Shannon writes: Don't let the recent slip fool you: Corn prices are ready to soar.
Worldwide demand for corn has surged, and shrinking stockpiles are unlikely to be replaced due to extreme weather conditions that have destroyed millions of acres of farmland.
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Tuesday, June 21, 2011
Don't Get Suckered by Wall Street's Low Gold Price Forecasts / Commodities / Gold and Silver 2011
By: Money_Morning
William Patalon III writes: I was scanning the news wires in search of a particular item late last week when a story caught my eye: It seems that Newmont Mining Corp. (NYSE: NEM), the world's No.2 gold producer, believes that the burgeoning demand from Asia's newly minted middle class will send the yellow metal up to $1,600 this year and even higher in 2011.
The Newmont story reminded me of another news item that I'd read just days before - a news-service poll of analysts that said that the current Wall Street consensus was for gold prices to reach $1,700 an ounce in 2015.
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Monday, June 20, 2011
Gold on the Brink... Of What? / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
Greece
This weekend, the E.U. Ministers promised the next tranche of money to Greece and a second bailout package if Greece enforces another bout of austerity on itself. Does this clear the E.U. of its obligations? They have not yet finalized these terms and await the next episode in Greece of its acceptance of this principle.
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Monday, June 20, 2011
Aviation Biofuels About to Take Off / Commodities / Ethanol
By: OilPrice_Com
An extraordinary convergence of recent events seems poised shortly to make aviation biofuels the belle of the investor's ball.
The first is that on 8 June the follows the international standards certifying body ASTM International announcing its approval of its BIO SPK Fuel Standard, to be made official later in the year, of the use of hydrotreated renewable jet (HRJ) Jet A-1 fuel in commercial aviation. The potential financial implications are massive, as together the airline industry and the U.S. military use more than 42.25 million gallons (1.5 million barrels) of jet fuel a day.
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Monday, June 20, 2011
QE Illustrates Why Investors Should Have Exposure to Agri-Equities / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
While thinking about corn and wheat and pork prices, we cannot help but note the importance of Wednesday, 22 June. On that day the Federal Open Market Committee of the U.S. Federal Reserve should read the eulogy for QE-2. As far as can be determined by impartial observers, that policy was a complete and utter failure. No positive economic benefits have been discernable. Rather, it created one great bear markets for the U.S. dollar that helped fuel one great run in commodity prices.
Monday, June 20, 2011
Gold Holds Steady on Fears of Euro-zone Market Massacre / Commodities / Gold and Silver 2011
By: Ben_Traynor
U.S. DOLLAR gold prices hovered in a tight range around $1537 per ounce Monday morning London time – 2.5% below last month's all-time record high – while stock and commodity markets fell and US Treasury bonds gained after Eurozone finance ministers postponed a decision on financial aid for Greece.
Silver prices dropped to $35.44 per ounce – a 1.2% fall from last week's close.
Monday, June 20, 2011
Gold Rises to New Record Sterling on Global Debt Contagion Risk / Commodities / Gold and Silver 2011
By: GoldCore
Gold is trading at $1,535.85/oz, €1,080.37/oz and £950.28/oz.
Gold is being supported as default risk has increased after EU finance ministers failed to agree on a new Greek loan package. Gold priced in sterling rose to new record nominal highs this morning at £954.84/oz and the weakness of the euro has seen gold rise to touching distance (9 euros) from new record highs in euro terms at €1,088/oz.
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Monday, June 20, 2011
Gold is Golden / Commodities / Gold and Silver 2011
By: Barry_Elias
Global uncertainties abound: geopolitical, financial, and economic.
The aforementioned is a strong underlying driver for a more stable medium of exchange. The confluence of these events suggests $4,000 gold (per ounce) by 2020 seems more probable.
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Sunday, June 19, 2011
Will Gold Stock Investors Strike Gold? / Commodities / Gold & Silver Stocks
By: Frank_Holmes
Gold prices passed the $1,500 per ounce mark for the first time ever in mid-April of this year and have set up shop around $1,525-$1,550 an ounce aside from a couple of short pullbacks in early May. So far in 2011, it’s been relatively status quo for those investors who’ve embraced gold as a way to protect themselves from currency debasement, excessive money printing and inflation as prices have increased 7.67 percent. BofA-Merrill Lynch (BofA-ML) analysts are forecasting gold prices could fall to $1,400 an ounce during seasonal weakness in July before rebounding as high as $1,650 an ounce by early fall.