Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, May 18, 2012
Forget Peak Oil, Time To Worry About Peak Oil Labor / Commodities / Crude Oil
By: EconMatters
In a recent working paper, researchers at the the IMF (International Monetary Fund) attempt to reconcile the Peak Oil debate that whether resource constraints will dictate the future of oil output and prices, or advance in technology motivated by high oil price would eventually provide a solution to more production, as well as higher oil prices.
Thursday, May 17, 2012
Gold and Silver Market Manipulation? / Commodities / Gold and Silver 2012
By: Casey_Research
Doug Casey, Casey Research writes: For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness. This is not an unreasonable assertion. After all, the last thing the monetary powers-that-be want is to see is the price of gold skyrocketing. That would serve as an alarm bell, possibly panicking people all over the world, telling them to get out of the dollar. It's assumed, by those who believe in the theory, that the US Treasury is behind the suppression scheme, in complicity with a half-dozen or so large bullion banks that regularly trade in the metals.
Thursday, May 17, 2012
Cycle Low Approaching for Gold / Commodities / Gold and Silver 2012
By: Mike_Paulenoff
Looking at the big picture for spot gold, we see that the next cycle low is due in about 4 weeks. In other words, the current cycle that started at the end of December is about 85% complete.
That means that the strength off of yesterday's low at $1526.98 not only represented a deep retest of the December 29 low at $1522.48, it likely also satisfies the first coordinate in the next cycle bottoming period ahead of a new up-leg in the larger over-riding bull market in gold.
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Thursday, May 17, 2012
Jump in Gold as France Refutes EU Pact / Commodities / Gold and Silver 2012
By: Adrian_Ash
THE WHOLESALE MARKET gold price jumped at the start of New York trade on Thursday, cutting the week's previous 3.3% dive to 5-month lows in half as the Euro fell and Eurozone stock markets slumped once again.
The gold price touched $1558 per ounce before easing $3 lower. Silver did not follow, failing to break this morning's earlier Dollar high at $27.86 per ounce.
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Thursday, May 17, 2012
What are Hedge Funds Doing With Gold? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
At the end of 2011, gold prices finished almost 20 percent below their all-time nominal highs made in September. European concerns and liquidation actions sent investors running towards the U.S. dollar for safety. Sound familiar? While many believed the decade long bull market in precious metals came to an end, several well-known hedge funds saw the pullback as a buying opportunity.
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Thursday, May 17, 2012
Gold, I Forget What You Did Last Summer / Commodities / Gold and Silver 2012
By: Adrian_Ash
Gold just gave back the last of its big surge from summer 2011's big crisis...
SO THE PRICE of gold keeps falling, and it keeps falling despite the imminent failure of Greece's Euro membership, the looming collapse of Europe's banking system, and the fast-looming debt-ceiling repeat and fiscal cliff in the US.
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Wednesday, May 16, 2012
Greece, Please Go Bankrupt, As Soon As Possible! / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
We have a request for the politicians in Greece. Please go bankrupt, as soon as possible! Let us have the pain done with. To the Euro zone: Throw them out. The world needs a good example of just how bad Keynesian induced poverty can be. The Western economies would probably be better off with the citizens of Greece living in absolute poverty as a clear example of how not to do it. Keynesian socialists will not save the pensions of the Greeks. They will insure that they end. Get it over with, so investors can move on to more important matters.
Wednesday, May 16, 2012
What Will Happen to Greece and Gold? / Commodities / Gold and Silver 2012
By: Julian_DW_Phillips
What Greek Elections Now Mean
Greece cannot form a government so expect elections within a month. We have come to the point where the bad news is out -the markets are telling us that Greece will likely leave the Eurozone and possibly the euro as their 10-year debt continues to trade at 27%. They may not pay out €436 million to creditors and keep it, fearing they will not get the next bailout tranche. Reneging on the obligation also would constitute a default triggering derivatives contracts and clauses requiring the settlement of other un-swapped bonds. Meantime the country has no government to make the choice. The country may run out of money by early July. The standoff has reignited concern that Greece will renege on pledges to cut spending as required by the terms of its two bailouts negotiated since May 2010
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Wednesday, May 16, 2012
Natural Gas Bear Market Will End But Not All Players Will Survive / Commodities / Natural Gas
By: Roger_Conrad
North American natural gas currently sells for half its five-year average price on the near-term New York Mercantile Exchange futures contract.
And that’s after a rally the past two weeks from a low point of just USD1.90 per million British thermal units, reached Apr. 19.
Wednesday, May 16, 2012
Liquidation of "Crowded" Gold Trade Pauses But "Clean-Out of Weak Hands Necessary" / Commodities / Gold and Silver 2012
By: Adrian_Ash
BENCHMARK prices to buy gold for London settlement rallied more than $10 an ounce off new five-month lows beneath $1528 on Wednesday morning, bouncing as the Euro, world stock markets and commodity prices also paused this month's sharp liquidation.
Spanish and Italian bond yields also eased back but remaind over 6% after Spain's prime minister Mariano Rajoy told the parliament in Madrid there is "a serious risk that the markets won't lend to us or lend only at astronomical prices."
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Wednesday, May 16, 2012
Buy Britain’s Gold Back / Commodities / Gold and Silver 2012
By: Jan_Skoyles
Great Britain was once the proud leader of the Classical Gold Standard. A global commercial and economic power, she operated on the gold standard from 1717.
The Standard allowed the free movement of capital which in turn financed and expanded trade. Twenty per-cent of the growth in global trade seen between 1880 and 1910 can be attributed to the stability of the gold standard.
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Wednesday, May 16, 2012
Brent-NYMEX Crude Oil Spread Widening / Commodities / Crude Oil
By: Mike_Paulenoff
During the month of May so far, Brent crude oil futures have declined from $128.40 to $110.93 (-$17.47), or nearly 14%, while NYMEX Oil has declined from $106.49 to $93.65 (-$12.84), or about 22%. This has resulted in a widening of the Brent-NYMEX differential from $13 to nearly $18.
Judging from both the recent up-leg pattern of the differential and the powerful position of its near-vertical momentum gauge, the Brent (British North Sea oil)-NYMEX (U.S. oil) spread should continue to widen towards a retest of its year-long resistance line, now at $19.95.
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Wednesday, May 16, 2012
Silver and Gold Daily Bulletin/COT Review for period 4-26 to 5/8/2012 / Commodities / Gold and Silver 2012
By: Marshall_Swing
I must first apologize to my readers for this report being so late this week as the JP Morgan debacle has garnered my full attention.
Silver plummeted $-1.471 this past reporting period and gold drove $57.90 into the ground but do you know how they got there?
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Tuesday, May 15, 2012
Political and Economic Factors Bode Well for Gold / Commodities / Gold and Silver 2012
By: Przemyslaw_Radomski
So far, 10 European political leaders out of 17 have been ousted out of office like a falling dominos in a little more than a year.
The issue that has angered voters other than unemployment is austerity. We know from personal finances that when we overspend, we must cut back, pay our debts and rebuild our savings. That's the prudent thing to do and that's what the austerity school preaches. But what happens if the financial hole is so deep that there is no way to climb out by reasonable cutting back and saving? That's when you declare bankruptcy and your creditors share the pain. The laws of capitalism decree that if you don't assess risk correctly, you lose money. The conclusion is that austerity has to come with a mechanism for default, which is not the case in Europe.
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Tuesday, May 15, 2012
Gold Targets Drop to $1522 / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET gold bullion prices dipped below $1550 an ounce for the first time since December on Tuesday – a fall of 7% since the start of this month – before regaining some ground by lunchtime in London.
"The bear channel support had been at $1581," say technical analysts at Scotia Mocatta, the bullion banking division of Bank of Nova Scotia.
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