Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, November 02, 2011

Investment Demand Powers Silver’s Slow Ascent / Commodities / Gold and Silver 2011

By: Anthony_David

Silver prices are known to be volatile given its varying demand in the investment and industrial sectors. Recent times have been trying, as demand in both sectors has been slow. In late October, silver traded at $30.58 per ounce, a fall of 2.08%.

China’s industrial sector accounts for 70% of the country’s demand for silver but with a slowing economy, the demand for the precious metal has naturally slowed down too. Aaron Back of The Wall Street Journal wrote, “China’s trade surplus narrowed in September as exports to the European Union fell, showing that faltering economies abroad are beginning to affect China.”

Wednesday, November 02, 2011

China’s Rare Earths Game Attracts Players Worldwide / Commodities / Metals & Mining

By: Anthony_David

Early 2011 saw stock prices of rare earth companies soaring upwards with the share price of Colorado based Molycorp Inc. reaching $79.16 per share. However, Molycorp share prices fell by 32% over four days in September. The price fall was partly because of falling rare earth prices worldwide combined with excess inventory and partly because of overall market trends. Stock prices of Australia’s Lynas Corp have also been adversely hit by falling rare earth prices. Average rare earth oxide prices have fallen almost 20% over the last quarter. Recent developments could however bring about another hike in rare earth prices, which would mean sunny fortunes once again for non-China based rare earth producers.

Tuesday, November 01, 2011

Uranium Stocks Powering Up / Commodities / Uranium

By: The_Energy_Report

While Germany and Switzerland have made headlines with sudden phase-out plans, world leaders from North America to Africa to Asia have reaffirmed their commitment to nuclear power as a low-carbon, low-cost energy solution. Development plans continue for the industry, and the long-term growth picture shows continued uranium demand. In this exclusive interview with The Energy Report, Rob Chang discusses prospects for both junior and major uranium developers and producers, and which companies could be the next belle of the bidding war ball.

Tuesday, November 01, 2011

Gold at Key Resistance Plateau / Commodities / Gold and Silver 2011

By: Mike_Paulenoff

Spot gold prices have recovered from a spike corrective low at 1681 to around 1713. This is right below a key resistance plateau that could be construed as the "neckline" of a week-long minor but meaningful head-and-shoulders topping pattern.

Inability of spot gold to claw its way above the neckline and right shoulder resistance zone at 1714 to 1726 in the upcoming hours increases the likelihood of another loop down that tests and breaks 1681 on the way to the 1660 support area thereafter.

Tuesday, November 01, 2011

Gold Drops through $1700, Draghi Faces "Baptism of Fire" after Greece Referendum Curveball / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S.DOLLAR gold prices dropped through $1700 an ounce Tuesday lunchtime in London – at one point showing a 3.3% fall from last week's close – as stock and commodity markets were also hit following news that the Greek prime minister has called for a referendum on last week's Euro Summit deal.

Physical gold trading was quiet, news agency Reuters reports, with premiums in Hong Kong falling to around $1 per ounce, having been $1.50 last week.

Tuesday, November 01, 2011

Global Depression, Sovereign Default and Hyperinflation Are Top “Extreme Risks” Today / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,702.93, EUR 1,241.52, GBP 1,069.63, JPY 133,157, AUD 1,648 and CHF 1,513.71 per ounce.

Gold’s London AM fix this morning was USD 1,702.00, GBP 1,067.69 and EUR 1,243.06 per ounce.

Tuesday, November 01, 2011

Last Chance to Buy Gold and Silver At a Discount / Commodities / Gold and Silver 2011

By: George_Maniere

Last Thursday, October 20th, all was right in the world. We had rallied past every key technical indicator; Europe had announced that they had come to an agreement to save the default of Greece and Spain, and Italy and Portugal. Peace and prosperity would once aging reign in the land of Leonardo da Vinci, and the home of the greatest art ever created. The food is not too bad either.

Monday, October 31, 2011

Why Gold Stocks are Set for a Big 2012 / Commodities / Gold & Silver Stocks

By: Jordan_Roy_Byrne

Last week we discussed the concept of relative strength. Again, relative strength is the measuring of one market against another. There are perhaps 1000 mining companies and maybe 5% of them are worthy of your research and investment. Fundamental analysis should lead you to the best companies while technical analysis (relative strength analysis in this case) can generate a precise list of top prospects. Today we are focusing on relative strength in a larger context and will then apply it to the gold stocks.

Monday, October 31, 2011

How Will the Yen Intervention Affect Gold and Silver? / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

The relationship between the US dollar index and precious metals is an important one to respect.  Last week, the dollar index experienced a sharp decline as the EU plan offered support to the euro, which is the largest weighted currency in the dollar index basket.  As a result, gold and silver had a terrific week.  Now, the Japanese yen is sending the US dollar sharply higher, and precious metals lower.

Monday, October 31, 2011

Beef Bull Market / Commodities / Commodities Trading

By: Ned_W_Schmidt

Have been visiting myfavorite unknown, small, near-hidden grocer more often recently. Reason for that is their steaks are both good, a rarity in this modern world, and reasonably priced relative to others. Another reason for doing so is in part to eat beef now, while it remains affordable.

Monday, October 31, 2011

Gold Plunges after Yen Move, Useless CDS Would Mean Much Higher Sovereign Debt Exposure / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S.DOLLAR gold bullion prices on the spot market dropped sharply to $1708 an ounce Monday morning – a 2.2% fall from Friday's close – while stocks and commodities also fell and the US Dollar gained following Japan's intervention aimed at weakening the Yen.

Gold bullion prices then rallied as the morning went on, hitting $1725 per ounce by lunchtime in London.

Monday, October 31, 2011

Gold and Silver Building Bullish Momentum / Commodities / Gold and Silver 2011

By: Bob_Kirtley

After correcting from above $1900 to below $1550, gold prices have undergone the necessary consolidation and now look poised to challenge the old highs.

Examining the chart below it is apparent that the recent decline in gold prices was not the bursting of a bubble, but merely a correction within a larger secular bull market. Although we were not fortunate enough to take a short position prior to the correction, we did signal a bullish options trade on GLD to subscribers on 26 September 2011, the day gold prices bottomed.

Monday, October 31, 2011

Gold Rallies on Euro-zone Inflation Solution / Commodities / Gold and Silver 2011

By: Clive_Maund

No politician wants to end up with his head adorning the railings of some public building, and thus - possibly spurred into action by the video of the grisly end of Colonel Gaddafi - European leaders started to display qualities normally totally alien to them last week, in particular unity and resolve and a rare sense of urgency, in dealing with the acute crisis facing Europe. It did not go as far as statesmanship, however, because that would involve actually dealing with the root causes of the crisis, although with the best will in the world it's too late for that, so instead, predictably, they decided to fall in line with the tried and tested US solution to all economic problems, which is to print money and sell more debt - if they can find anyone dumb enough to buy it, that is, and a nice touch later in the week was the sight of a European representative going cap in hand to meet people with real hard cash in their pockets, the Chinese.

Monday, October 31, 2011

Silver Breakout Rally to Continue / Commodities / Gold and Silver 2011

By: Clive_Maund

Last week the weight of the evidence suggested that silver was late in a base building process, and our judgement that this was the case was vindicated by subsequent action, when it broke out upside from the intermediate base pattern during the week in response to the inflation positive news out of Europe. This is discussed in some detail in the Gold market update, but suffice it to say here that Europe has decided that it will attempt to print its way out of trouble, just like the US, which is great news for holders of inflation hedges like gold and silver.

Saturday, October 29, 2011

How Will Gold and Silver React to the EU Bailout Plan? / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

After numerous jukes and headline rumors, the world finally received a so-called EU solution. After threatening with a total insolvency Greece situation, European leaders were able to talk bondholders into accepting a 50% haircut on Greek debt. Furthermore, the euro zone leaders agreed to increase the firepower of the European Financial Stability Facility. The markets reacted quite well to the news, even if it was just a knee-jerk reaction. The Dow surged 340 points, and is now on track for its biggest monthly percentage gain in nearly 25 years.

Saturday, October 29, 2011

New Bull Phase for Agricultural Commodities Grains ETF / Commodities / Agricultural Commodities

By: Mike_Paulenoff

The medium-term technical work in the iPath DJ-UBS Grains TR Sub-Idx ETN (JJG) indicates that a new bull phase started after the June 2010 low at 32.33, which completed its initial up leg at the Feb 2011 high of 58.25.

All of the action off of the Feb 2011 high, into the Oct 4 low, represented a complex corrective process that fully digested the gains of the prior up leg.

Friday, October 28, 2011

Will Gold and Silver Go Up Along with the General Stock Market? / Commodities / Gold and Silver 2011

By: Przemyslaw_Radomski

The yellow metal, money for more than three millennia, has a close relationship to other forms of money. Some argue that it isn’t gold that has risen in value in the last decade, as much that fiat currencies have lost value against gold. Ever since gold began its spectacular rise a decade ago, the U.S. dollar has lost over 80% of its purchasing power. The other currencies have not fared much better. The euro and the Japanese yen have lost over 70%. Gold is the only form of money that governments cannot create out of thin air which is why the supply of fiat currencies is expanding exponentially faster than gold supplies, which increase by about only 3% per year.
 

Friday, October 28, 2011

The New Steel Silk Road / Commodities / Steel Sector

By: Richard_Mills

The Silk Routes, collectively known as the "Silk Road", refer to a 7000 mile network of interlinking trade routes that were used for three millennia. They connected China, India, Tibet, the Persian Empire, the Mediterranean countries and parts of North and East Africa.

Friday, October 28, 2011

Unconventional Oil Supply / Commodities / Crude Oil

By: Zeal_LLC

Each year a small portion of the world’s finite oil supply is drained.  And over time this annual draw has grown larger in a world that seems to be getting smaller.  As global commerce gains fluidity, the demand for this hydrocarbon appears to be insatiable.

Transportation is of course by far the largest consumer of oil, responsible for about 60% of global demand.  Everything we own and everything available to us to buy had to get from where it was made to the point of sale.  And it is oil that fuels this transportation.

Friday, October 28, 2011

Gold Research Again Proves Gold as “Risk Management Vehicle” and “Store of Wealth” / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,736.36, EUR 1,227.21, GBP 1,078.67, JPY 131,718, ZAR 13,432/oz and CHF 1,500.36 per ounce.

Gold’s London AM fix this morning was USD 1,735.00, GBP 1,077.91 and EUR 1,224.50 per ounce.

Yesterday’s AM fix was USD 1,708.00, GBP 1,067.83 and EUR 1,219.74 per ounce.