Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, October 10, 2011
Gold Starts Week Strongly / Commodities / Gold and Silver 2011
WHOLESALE MARKET gold bullion prices climbed to $1670 an ounce Monday lunchtime in London – 2% up on last week's close – while stocks and commodities also rose and government bonds fell following a pledge by France and Germany to recapitalize Europe's banks.
Silver bullion rose to $32.37 – 3.8% up on where it ended last week.
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Monday, October 10, 2011
Gold At Major Crossroads / Commodities / Gold and Silver 2011
I think next week will mark a major turning point in the gold market. Depending on whether the dollar continues higher or turns back down we will either see a resumption of the D-Wave decline or this will just turn into a normal run-of-the-mill intermediate degree correction followed by another leg up in this 2 1/2 year C-wave advance.
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Sunday, October 09, 2011
Gold Failing to Break Higher, More Downside Ahead? / Commodities / Gold and Silver 2011
Ho-Hum! 50 points here, 50 points there but really not going anywhere. Gold can’t seem to get any upside steam. Is more downside ahead?
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Sunday, October 09, 2011
Gold Likely Heading Lower, Silver in a Bear Market / Commodities / Gold and Silver 2011
2011, quickly moving toward history book status, may be known more for what did not happen than what did. Hyperinflation may still be lurking, but for about the fourth year is yet to be seen. U.S. dollar should have been to zero, per the many popular forecasts, at least twice. Euro's imminent demise has been quietly rescheduled for 2012. Beginning of Silver's decade became instead the beginning of Silver Bear Market II. $Gold is not trading above $2,000. Guess that means $5,000 was not reached either. Fourth year in a row for the conspicuous absence of hurricanes in Florida. So much for weather gurus, climate change, Keynesian forecasters, and other forms of sorcery.
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Sunday, October 09, 2011
Gold Intermarket Insights / Commodities / Gold and Silver 2011
We analyze Gold charts by looking at Inter-market analysis for the month of October. This is an update from our August Gold analysis and September Gold analysis all of which had noticed the stalling Gold at 1888 before we issued our shorts to catch the trend move to 1603.
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Sunday, October 09, 2011
Inflation, Money Circulation Problems = Gangrenous Liquidity, Rising Gold Price / Commodities / Gold and Silver 2011
According to the Oxford Dictionary: - Inflation, the general increase of prices and fall in purchasing value of money. Deflation, reverse or reversal of inflation. Stagflation, state of inflation without the corresponding increase of demand and employment.
A situation arises where the quantity of money is not as important as how far its circulation reaches. It slowly becomes insufficient to buy the needs and wants of the population at the periphery of the economy.
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Sunday, October 09, 2011
Silver Suspected Bear Pennant Signaling Further Price Drop / Commodities / Gold and Silver 2011
It now looks like we were a little too bullish in the last update, for the way silver has acted over the past week suggests that another sharp drop is imminent before the dust finally settles on this reactive phase, that it likely to take it to or some way below its recent panic lows.
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Sunday, October 09, 2011
Gold Price Set to Drop into Aggressive Accumulation Zone / Commodities / Gold and Silver 2011
It now looks like we were a little too bullish in the last update, for the way gold has acted over the past week suggests that another sharp drop is imminent before the dust finally settles on this reactive phase, that it likely to take it to or some way below its recent panic lows.
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Sunday, October 09, 2011
Own U.S. Treasury Bonds or Gold and Silver? / Commodities / Gold and Silver 2011
The drop in price of gold and silver is because they are considered to be in a bubble. In my opinion a bubble is when the underlying asset trades in high volumes at prices that are inflated to their true values. There are economists that assert that asset prices often deviate from their intrinsic values. Because it is often difficult to determine what the intrinsic value of an asset is bubbles are often seen in retrospect like when sudden drops in prices appear. They are seen as a crash or a bubble burst. It is important to recognize that prices of a bubble can fluctuate erratically and make it impossible to predict from supply and demand alone.
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Saturday, October 08, 2011
Gold and Silver Stocks Bottom Materializing Right Now? / Commodities / Gold and Silver 2011
There are times when we need to have the courage of our convictions, even when we are losing money in the process. (That’s where the courage part comes in. Like Ernest Hemingway said: “Courage is grace under pressure.”) We are still bullish on the precious metals sector in both short- and long term. Although the whole sector moved lower again early this week, important support levels remained firm. Many of our readers are probably concerned, as it is easy to get emotional at times of uncertainty. This is why we need to underline that although mining stocks took a hit, we have not changed our mind about our long position. If the situation was very oversold before, now it is extremely oversold. We are of a view that the precious metals sector is forming a bottom. Such pullbacks are healthy as they indicate gold has much, much farther to go.
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Saturday, October 08, 2011
Finding Silver's Bottom! / Commodities / Gold and Silver 2011
Silver prices appear to have found a bottom at the $30.00 level, however, we are looking at a very short time period and such micro analysis can make monkeys out of us. A few months ago silver prices looked to have bottomed at the $34.00 level, but the ensuing rally was short lived and once again silver got clobbered. From a technical standpoint we can see that the RSI is now trending north and from a low level too, which gives it the room to move a little higher from this point and we view it as a positive indication. The MACD is also well and truly in the oversold zone and about to form a crossover which will be another positive indication of where silver prices are going next.
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Saturday, October 08, 2011
Surviving the Death of Money / Commodities / Gold and Silver 2011
When the currency system as we know it dies, some people will become very wealthy. In this special report from the Casey Research/Sprott Inc. Summit "When the Money Dies," The Gold Report cornered Global Resource Investments Founder and Chairman Rick Rule, Casey Research Senior Editor Louis James and Casey Energy Opportunities Senior Editor Marin Katusa for a roundtable discussion on the best strategies for thriving during the coming economic transition.
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Saturday, October 08, 2011
Gold Confiscation, Here's How it Could Happen and What to Do About It / Commodities / Gold and Silver 2011
David L Ganz is a prominent New York City attorney who specializes in precious metals and numismatic law. His wide-ranging biography includes advising several Congressional committees and commissions, including the Annual Assay Commission, life fellowship at the prestigious American Numismatic Society, past president of the American Numismatic Association, listing in Who's Who of American Law and the Order of St. Agatha (Commander) awarded by the Republic of San Marino. He has authored over 30 books and remains highly regarded as a consultant, writer and lawyer in the field of coins and precious metals both publicly and among his peers.
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Friday, October 07, 2011
Gold Gains on Week, Central Banks Should "Create and Inject More Money" to Fight "Worst Ever Crisis" / Commodities / Gold and Silver 2011
SPOT MARKET gold prices spiked 0.5% to $1661 an ounce – within 1% of this week's high – immediately following news of better-than-expected US jobs data on Friday. The gold price did however hand back all its gains within half an hour.
Stock markets and industrial commodities also rallied on the release of US nonfarm payrolls, which showed 103,000 nonagricultural jobs were created last month. Last month's report showed no jobs were added in August – though this has now been revised up to 57,000.
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Friday, October 07, 2011
Market Developments This Week Very Gold Bullish; Bears Focus on Price, Not Value / Commodities / Gold and Silver 2011
Gold is trading at USD 1,655.70, EUR 1,232.18, GBP 1,065.81, JPY 126,856.60, AUD 1,703.34 and CHF 1,523.38 per ounce.
Gold’s London AM fix this morning was USD 1,651.00, EUR 1,229.52, and GBP 1,063.10 per ounce.
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Friday, October 07, 2011
Global Debt Crisis: Investing in "Toxic Waste Treasuries" or Gold and Silver? / Commodities / Gold and Silver 2011
Why would, almost non-yielding Treasuries, be a safe haven, when the government is broke? We would guess that, when a US dollar collapse comes, that owners of such bonds, notes and bills would like to lose equally what everyone else holding these debt instruments loses. We call it a commitment to stupidity. Those that see the folly in such action switch their cash flow to commodities, gold and silver.
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Friday, October 07, 2011
Offshore Oil Key to Future Crude Oil Supplies / Commodities / Crude Oil
Despite the risks and unfavorable public opinion associated with offshore drilling, the truth remains that the keys to unlock the planet's vast remaining oil resources lie beneath ocean floors, in places like the Gulf of Mexico, Brazil and even the Arctic. In this exclusive interview with The Energy Report, noted commodities expert Amine Bouchentouf tells us why he likes the prospects for oil explorers and producers and how the potash business is fueling food production for a growing world.
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Friday, October 07, 2011
From Nuclear Disaster To Electric Car Disaster / Commodities / Nuclear Power
Turning an ill wind for nuclear power into a great post-disaster fillip for carbon neutral business as usual, Japan's shaken corporate elite has rallied to the "inevitable" all electric car solution. As Osamu Masuko, President of Mitsubishi Motors said on 3 October at the annual CEATEC show displaying the latest high-tech wares from rivals like Renault-Nissan, Sony, and NTT Docomo : “The role for electric cars changed dramatically since March 11,” (the date of the Fukushima disaster). He added: “We need to think of ways to store energy to use it.”
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Thursday, October 06, 2011
Why Isn't the Gold Price Going Through $2,000 Now? / Commodities / Gold and Silver 2011
The gold price went over $1,900 and looked as though it was going to mount $2,000, but since then has fallen back to $1,600 and is in the process of consolidating around the lower $1,600 area. It was expected that it would have moved a lot higher faster, but that hasn't happened, yet.Read full article... Read full article...
Thursday, October 06, 2011
Is Newmont Mining a Refuge for Investors? / Commodities / Gold & Silver Stocks
Newmont Mining (NYSE:NEM) is one of the largest gold (NYSE:GLD) producers in the world. It is the only gold producer included in the S&P 500 (NYSE:SPY) and Fortune 500. It has also been a refuge to precious metal (NYSE:DBP) investors over the past few weeks. Shares recently hit an all-time high of $71.25 on September 20th. Now, investors have an opportunity to purchase this major gold miner at a cheaper price.
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