Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, February 21, 2012

Gold Rises on Continuing Greece Default Threat Despite Greece Bailout Agreement / Commodities / Gold and Silver 2012

By: Ben_Traynor

U.S. DOLLAR gold bullion prices spiked to $1747 an ounce Tuesday lunchtime in London – a 1.3% gain on last week's close – as US Markets re-opened to the news that European finance leaders have agreed to bail out Greece.

Silver bullion also spiked, hitting $33.97 per ounce – 1.9% up on the start of the week.

Tuesday, February 21, 2012

Gold Rises on Greece Debt Deal: "Kicking Giant Beer Keg Down Road Risks Destroying The Road" / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,737.00, EUR 1,313.12, and GBP 1,097.98 per ounce.

Yesterday's AM fix was USD 1,729.50, EUR 1,307.36, and GBP 1,090.82 per ounce.

Gold rose to its highest in a week today after euro zone policymakers sealed an agreement for a second debt deal with Greece. Gold remained flat at $1,736/oz in Asian trading after the deal was reached but then saw some buying which saw gold quickly rise to $1,740/oz and then creep up to over $1,743/oz.

Tuesday, February 21, 2012

Buffet Mischaracterizes Gold’s Bull Market / Commodities / Gold and Silver 2012

By: Jordan_Roy_Byrne

Once again, someone famous and once again Warren Buffet is dismissing Gold. In comparing it to the bubbles in housing and Internet stocks, he feels he’ll ultimately be vindicated. In his annual letter to shareholders, Buffet trashed Gold as a bubble that is being driven by fear of other asset classes. He believes that those who buy today only do so because they believe the “ranks of the fearful will grow.”

Tuesday, February 21, 2012

Gold and Silver Stocks' Wild Ride Ahead / Commodities / Gold and Silver 2012

By: The_Gold_Report

Greg McCoach, publisher of The Mining Speculator, feels gold is ultimately headed above $6,000/oz and silver into the hundreds of dollars and those who aren't paying attention now are missing their best opportunity to buy before the frenzy begins in earnest. In this exclusive interview with The Gold Report, he spells out the reasons for his optimistic projections and shares several of his favorite stories in the junior mining sector, which he believes is headed for much higher ground.

Monday, February 20, 2012

China's "Mystery" Gold Buyer / Commodities / Gold and Silver 2012

By: Adrian_Ash

Was the People's Bank of China really buying gold at the rate of 1 ounce in every 8 sold worldwide last quarter...?

SO THOSE MILITANT crazies known to the mainstream media as "gold bugs" – and to the FBI as subversives – got the headline they've been longing for, apparently, last week.

Monday, February 20, 2012

In Search of Silver / Commodities / Gold and Silver 2012

By: William_Bancroft

In this article about the silver price, Will Bancroft takes a look at what the last year has delivered for silver investors, and what the future of silver investment might hold. Read on for more on what Professor Roy Jastram called “the restless metal”.

Monday, February 20, 2012

Gold, Silver and the U.S. National Bird / Commodities / Gold and Silver 2012

By: Ned_W_Schmidt

Benjamin Franklin originally recommended the turkey as the national bird for the U.S. Today, we imagine that after considering the situation being created by the current regime in Washington he might recommend the ostrich as a more appropriate national symbol. With its head buried in the sand to avoid facing critical issues, the U.S. may be ignoring the vulnerabilities in today's world. For those that are not familiar with the old story of the ostrich with its head in the sand, we submit the following picture of the proposed new U.S. national bird.

Monday, February 20, 2012

Gold's Consolidation Phase Continues, Time to Deliver for Euro Leaders / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE MARKET gold bullion prices held above $1730 an ounce in Monday morning's London trading – roughly in line with where gold has been for much of February – while European stocks and commodities edged higher amid hopes that policymakers might finally approve Greece's second bailout. US markets are closed for a holiday.

Silver bullion prices were also fairly flat this morning around $33.50 per ounce.

Monday, February 20, 2012

Crude Oil and Gold Surge On Likely Iran Military Action / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,729.50, EUR 1,307.36, and GBP 1,090.82 per ounce.

Friday's AM fix was USD 1,732, EUR 1,316.51, and GBP 1,093.09 per ounce.

Sunday, February 19, 2012

Silver could be ready to move higher along with its shares next week / Commodities / Gold and Silver 2012

By: Submissions

The metals have recently been consolidating their moves from the December lows and silver along with its mining shares are at a point which deserves watching. Both silver and its shares made bullish divergences at the end of last year and staged a stunning rally in the first month of 2012. Recently, prices have been consolidating those gains.

Sunday, February 19, 2012

Fiat Paper Money Masters Palpable Fear of a Rise In Gold / Commodities / Gold and Silver 2012

By: Jesse

“That paper money has some advantages is admitted. But that its abuses also are inevitable and, by breaking up the measure of value, makes a lottery of all private property, cannot be denied.” - Thomas Jefferson, Letter to Josephus B. Stuart, 1817

The fear in the money masters is palpable. Silence, darkness, and the fog of confusion are their most reliable allies.

Sunday, February 19, 2012

Silver Price Could Double by Year End / Commodities / Gold and Silver 2012

By: Jason_Hamlin

Were you cursing at your computer screen when silver nearly tripled during the short 9 months from September 2010 to May 2011? Silver at $20 seemed like an insurmountable threshold for quite some time. This caused many silver investors to give up just prior to the ascent, completely missing the ride towards $50. I believe silver is about to offer a similar ride. While it is unlikely to match the 180% advance mentioned above, look for silver to make new highs in the coming months, with the potential to double to $65 by year end.

Saturday, February 18, 2012

Gold's Wild Ride Leaves Explorer Stocks Ready to Grow / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Lesser resource companies have been slowly starving to death since the capital faucet was turned off in 2008. What's left? Some exciting, early-stage companies with management teams industrious enough to make it through with promising projects on the horizon. In this exclusive interview with The Gold Report, Tom MacNeill, CEO of 49 North Resources Inc., a Saskatchewan-focused resource investment company, discusses some names his firm is excited about, including some primed to debut on the public markets soon.

Saturday, February 18, 2012

Record High Gold Prices Fail to Curb Global Demand / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

Despite a volatile year for gold prices in 2011, demand for the precious metal still remained strong. According to the latest World Gold Council’s annual report, gold demand totaled 4,067.1 tonnes, a slight increase from the prior year. Record low interest rates, inflation expectations and investment demand continued to drive the gold bull market.

Saturday, February 18, 2012

Gold GLD ETF Breaks Crash Trendline / Commodities / Gold and Silver 2012

By: Anthony_Cherniawski

GLD broke its Broadening Wedge trendline and appears ready to launch into an approximate 20% decline from the trendline.  While the next support is intermediate-term trend support at 162.68, there are no other supports between it and the daily cycle bottom (not shown) currently at 131.55. 

Friday, February 17, 2012

Ultra Nat Gas ETF Approaching Resistance / Commodities / Natural Gas

By: Mike_Paulenoff

Today's pop in natural gas impacted the ProShares Ultra DJ UBS Natural Gas ETF (BOIL) positively, with the latter's price structure climbing above its February resistance line (green) and continuing towards a confrontation with more significant resistance at 14.50/55.

A close above 14.55 should trigger upside continuation and acceleration to 15.20/50. At this juncture, only a decline that breaks 13.50 will begin to compromise the timing of the upside breakout.

Friday, February 17, 2012

Gold and Silver Short-term Dip Still Likely / Commodities / Gold and Silver 2012

By: Przemyslaw_Radomski

We like Warren Buffett. We respect Warren Buffett. We’d love to sit and have lunch with him one day. As an investor, Warren Buffett is in a class all of his own. But the Oracle of Omaha just keeps bashing gold at every opportunity.

In an article published in Fortune Magazine, based on his upcoming annual Berkshire Hathaway shareholder letter, Buffett again dismissed the yellow metal. It is hard to argue with a man whose bank balance is a zillion times bigger than yours. Obviously he has been right plenty and has the bank balance to prove it. But meantime, all the while that he has been bashing gold, it has bulldozed its way up and gold bugs have been laughing all the way to the bank.

Friday, February 17, 2012

Silver Eagles Soar / Commodities / Gold and Silver 2012

By: Richard_Mills

In World War I severe material shortages played havoc with production schedules and caused lengthy delays in implementing programs. This led to development of the Harbord List - a list of 42 materials deemed critical to the military.

After World War II the United States created the National Defense Stockpile (NDS) to acquire and store critical strategic materials for national defense purposes. The Defense Logistics Agency Strategic Materials (DLA Strategic Materials) oversees operations of the NDS and their primary mission is to "protect the nation against a dangerous and costly dependence upon foreign sources of supply for critical materials in times of national emergency."

Friday, February 17, 2012

Gold’s Pullback An Opportunity? / Commodities / Gold and Silver 2012

By: Chris_Ciovacco

We mentioned Wednesday that we were interested in the charts of gold and gold mining stocks. Gold mining stocks responded today with sharp gains. Given that more money printing is on the way (much more), we added gold and gold mining stocks to our allocation today. Gold has been correcting for two weeks allowing for an improved risk/reward entry. Gold remains $195 below its peak made last year, and $37 below its recent early February peak.

Friday, February 17, 2012

"Quiet Session" Sees Gold and Silver Flat / Commodities / Gold and Silver 2012

By: Ben_Traynor

SPOT MARKET prices for buying gold held just above $1730 an ounce during flat trading this morning in London, as speculation continued over whether a Greek bailout will be agreed next week.

Prices for buying silver were also very flat – hovering above $33.50 an ounce – as were those for commodities and stocks ahead of President's Day in the US on Monday.