Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, July 14, 2010
Gold and Silver Slide, Expanding Eurozone Faces Either State or Banking Insolvency / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD and silver bullion edged 0.7% below yesterday's two-week highs in London on Wednesday morning, trading at $1207 and $18.17 per ounce respectively as European stock markets fell for the first session in seven.
The US Dollar rallied from its lowest Euro level in nine weeks, but slipped from a near two-week high vs. the Japanese Yen at ¥89.10.
Wednesday, July 14, 2010
Gold Traded Options at $2,000/oz Surge By More Than 1,000% in 10 Weeks / Commodities / Gold and Silver 2010
By: GoldCore
Gold rose 1.26% yesterday after the Portuguese debt downgrade; silver rose 2%. Gold has gradually edged up in Asian and early European trade. It may challenge resistance at yesterday's high of $1,217.90/oz but if it falls below the recent trading range of $1,210/oz to $1,215/oz it could quickly fall to short term support of $1,195/oz and $1,190/oz.
Wednesday, July 14, 2010
Silver Staggering Supply Stats / Commodities / Gold and Silver 2010
By: Richard_Daughty
I got a June 2010 brochure from silverinsidersreport.com that contained an interesting fact about SLV, the Exchange Traded Fund (ETF) for silver, which is that Peter Keusgen, the writer, says that SLV is “the main alternate source of storage” of silver and “which accounts for around 50% of world silver inventory”! Wow!
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Tuesday, July 13, 2010
The Oil Price, Where is the Next Buying Opportunity? / Commodities / Crude Oil
By: Keith_Schaefer
Brian Hoffman writes: About six months ago I wrote that the technical outlook for oil prices indicated oil prices may drop in the event of a downward breakout from the rising wedge that had formed in the price chart for light crude oil, or that prices should find support at US$85 per barrel if an upward breakout were to occur from that price level. A downward breakout occurred and we are now looking at the possibility of even lower oil prices over the next few months.Read full article... Read full article...
Tuesday, July 13, 2010
Gold Jumps with Silver as Chinese Agency Downgrades Western Debt / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD rose on Tuesday morning in London trade, recovering all of Monday's 2.1% drop as new US trade data drove the Dollar lower, and world stock markets extended their week-long rise.
Gold priced in Euros also gained, hitting one-week highs above €31,000 per kilo and reversing an earlier drop after the single currency shrugged off a downgrade to Portugal's debt rating by the Moody's agency.
Tuesday, July 13, 2010
Gold Higher on Portuguese Downgrade and Lingering Concerns of Debt Contagion / Commodities / Gold and Silver 2010
By: GoldCore
Gold spiked higher today in all currencies as Portugal's downgrading and prices below $1,200/oz led to buying. The euro fell against both the dollar and gold (from €954 to €960 per ounce - see chart) on Moody's two-notch downgrade of Portugal. The downgrade was expected but it has ignited concerns that the European sovereign debt markets remain vulnerable, leading to continuing safe haven demand for gold. Lingering concerns over the European bank stress tests and the European banking system are also supportive.
Tuesday, July 13, 2010
More Clueless Mainstream Press Commentary on Gold / Commodities / Gold and Silver 2010
By: Jordan_Roy_Byrne
Once again we see another bearish piece on Gold in the WSJ. Rather than attack the author personally, we want to illustrate how the article is another example of the lack of any quality gold commentary both in general and in mainstream publications.Read full article... Read full article...
Tuesday, July 13, 2010
Will Gold Eever be a Means of Exchange and Measure of Value? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
When gold is written about as money, it means different things to different people. Money is, after all, what most people see as a means of exchange; you use money to pay for goods and services, simply that.
Monday, July 12, 2010
Blame Gold and Market Volatility on Summer Doldrums, Not Deflation / Commodities / Gold and Silver 2010
By: The_Gold_Report
In 2004, Analyst John Lee founded Mau Capital Management, a hedge fund based in Vancouver that invests mostly in junior mining companies. In this exclusive interview with The Gold Report, Lee deflates the deflation argument, discusses why he favors near-term gold and silver producers over early stage explorers, and reveals some of his fund's top holdings.
The Gold Report: Everyone is concerned with the volatility in the markets. What's going on out there?
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Monday, July 12, 2010
Copper: More Than China's Property Market / Commodities / Metals & Mining
By: Dian_L_Chu
Despite an improved risk sentiment, copper price is still sitting at 20% below its April peak mostly from the following concerns:
- Demand slowdown in China as Beijing is attempting to tame inflation and property bubbles
- Recent drop in China copper imports
- “Double dip” in Europe from austerity programs
- Copper is down around 13% for the year so far
Monday, July 12, 2010
Silver’s Historical Correlation with Gold Suggests A Parabolic Top As High As $714 per Ounce! / Commodities / Gold and Silver 2010
By: Lorimer_Wilson
Almost 70 respected economists, academics, gold analysts and market commentators (see list below) are of the firm opinion that gold is going to go to at least $2,500 if not as high as $10,000 per ounce (or more) before the parabolic top is reached. As such, just imagine what is in store for silver given its historical price relationship with gold. We’re looking at an extreme case scenario of a future parabolic top of perhaps as much as $714 per ounce for silver, the ‘poor man’s gold’. Let me explain.
Monday, July 12, 2010
Gold, Silver, Precious and Base Metals Your Best Defense! / Commodities / Gold and Silver 2010
By: Larry_Edelson
Precious and base metals are not only critically strategic commodities — but what’s happening in those markets are also blatant signs of what may well be the most urgent financial AND strategic dilemma of our time:
The threat to the cornerstone of our nation, the massive financial and debt crisis and their impact on the value of the U.S. dollar, and hence, your wealth.
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Monday, July 12, 2010
Gold Slips But Smart Money Slashes Short Position to 19-Month Low / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE SPOT PRICE of wholesale gold bullion slipped in Asian and early London trade on Monday, holding above $1200 an ounce – and holding 1.4% above last Wednesday's 7-week low – as world stock markets extended their four-session rise.
The Dollar slipped on the currency market, but US Treasury bonds ticked higher, nudging 10-year yields down to 3.04%.
Monday, July 12, 2010
Gold and Markets Await Inflation Figures from Eurozone, UK, US and China / Commodities / Gold and Silver 2010
By: GoldCore
Gold is lower in Asian and early European trading on low volume as the dollar has risen and renewed risk appetite has resulted in tentative gains in equity markets. Gold's marginally higher weekly close last week was positive from a technical point of view and could lead to follow through this week as momentum following traders and funds "make the trend their friend".
Monday, July 12, 2010
Silver Heading for Price Crash to $9 / Commodities / Gold and Silver 2010
By: Ronald_Rosen
To put it mildly, more than a telescope will be needed to find the silver lining on the silver charts posted in this update.
Monday, July 12, 2010
Gold Prices Have Peaked? / Commodities / Gold and Silver 2010
By: Money_Morning
Jon D. Markman writes: If you think gold prices have peaked, think again. Gold may have fallen from its June 18 record high of $1258.30 an ounce, but the yellow metal is in for the long haul.
In fact, Credit Suisse Group AG (NYSE ADR: CS) has increased its long-range forecast for gold, arguing in a new report that prices should remain near current levels for at least the next four years.
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Monday, July 12, 2010
Gold and Commodiies Being Hit by Second Wave of Deflation Fear / Commodities / CRB Index
By: Howard_Katz
Below is the CRB index, monthly basis, for the past 15 years showing the beginning of the (second) upswing of the commodity pendulum. (This is the real CRB index, the one which was started in 1955 and weighs the different commodities equally, not one of the modern variants which overweigh the energy group.)
Monday, July 12, 2010
Barrick Gold Corporation and Goldcorp Incorporated Hedging Silver / Commodities / Gold & Silver Stocks
By: Bob_Kirtley
The following is a comment received from one our readers regarding Barrick Gold Corporation (ABX) and Goldcorp Incorporated (GG) regarding their agreements with Silver Wheaton Corporation (SLW) to forward sell their silver and reads as below:
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Sunday, July 11, 2010
The Cloud With A Silver Lining / Commodities / Gold and Silver 2010
By: Charles_Maley
With all the conflicting forces in the markets today it is difficult to see where real long term value might be hiding. No one is hard pressed for opinions about what to buy or sell, but a large percentage of those opinions are based on short term momentum ideas and not long term value.
Sunday, July 11, 2010
Gold Paradox, Performs Well In Both Monetary Inflation and Deflation / Commodities / Gold and Silver 2010
By: Jesse
The average punter understands the first graph. Gold increases in price in times of monetary inflation, because as an alternative store of wealth it provides a safe haven from central bank debasement of the currency.
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