Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, July 03, 2011
Gold Continues to Target a Downtrend to $1400 / Commodities / Gold and Silver 2011
So far the head and shoulder pattern in gold, highlighted here for the past couple of weeks, is acting right on schedule. If all continues to perform as expected then we are heading towards the $1400 area. BUT seldom do things go as expected. Go with the flow but always be prepared for the unexpected.
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Sunday, July 03, 2011
Global Steel Demand Continues to Rise / Commodities / Steel Sector
Massive infrastructure growth in the developing nations and a more modest growth in developed nations promise to push global steel demand by 6.5–7% this year. Lakshmi Mittal, the chief executive of ArcelorMittal recently said that the demand for steel is expected to continue rising in 2011. In 2010, global steel demand rose by 10% from 2009 levels and touched a record high of 1.4 billion tons.
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Sunday, July 03, 2011
Got Physical Silver? / Commodities / Gold and Silver 2011
According to the annual report released by metals consultancy GFMS Limited for The Silver Institute, the annual industrial demand for silver will grow from about 487.4 million ounces recorded in 2010 to 665.9 million ounces in 2015. While emerging technologies are expected to contribute significantly to this demand, it is apparent that established uses will still be the major demand driver.
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Sunday, July 03, 2011
Getting Used to Life without Food, Wall Street, BP, Bio-ethanol and Death of Millions / Commodities / Food Crisis
My late grandfather, a man of sturdy Norwegian-American farm stock, who later became a newspaper editor and political activist during the First World War, used to say, 'A man can get used to pretty much anything with time, except dying...and even that with some practice.' Well, as fate has it, it seems we, the vast majority of the human race, are about to test that adage in regard to the availability of our daily bread itself.
Food is one of those funny things it's hard to live without. We all tend to take it for granted that our local supermarket will continue to offer whatever we wish, in abundance, at affordable prices or nearly so. Yet living without adequate food is the growing prospect facing hundreds of millions, if not billions, of us over the coming years.
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Saturday, July 02, 2011
Gold and Silver Investors, Don't Underestimate The Chinese / Commodities / Gold and Silver 2011
Premier Wen Jiabao has just completed a tour of Europe. When you listen to the media, they will inform you of the benefits to the countries visited, but there is another agenda that is not highlighted. Look at what is happening in China -- gold markets and the activities of the central bank in that market -- and a very clear picture emerges of what is likely to happen with gold as China moves towards its prime objectives.
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Saturday, July 02, 2011
Gold and Silver Stocks Form Positive Divergence / Commodities / Gold and Silver 2011
It's often said that commodity shares should lead the actual commodities. While this isn't always the case, it often is at market turning points. Months back we noted the relative weakness in Gold and Silver shares and deemed it a reason for caution. It took more than a few weeks but our caution was vindicated as Gold and Silver shares fell more than 20% in April and May. Now we are seeing the reverse which should delight gold bugs and gold bulls alike.
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Saturday, July 02, 2011
Gold and Silver Crossing Halfway on an Annual Race / Commodities / Gold and Silver 2011
The first half of 2011 is over. With the summer solstice just behind us we would like to review the first half of 2011 and look at what is ahead. Last year gold gained 26%, its third double-digit gain of the last four years. So far this year has been choppy. The yellow metal has risen 19.5 per cent this year to trade at about $1,500 a troy ounce buoyed by the emergence of sovereign debt concerns in the US as well as Eurozone debt woes. Since 2011 has begun, gold prices got hit with double-digit selloffs and rallies. The common culprit is the so-called “rebalancing", which is when traders who bought gold at the end of the year to show they owned it, dumped it in 2011 to take a profit. The same traders jumped back into the gold trade in February and March as violence exploded throughout the Middle East and North Africa region and Japan contended with its worst disaster since World War II.
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Friday, July 01, 2011
Gold Global Supply / Commodities / Gold and Silver 2011
Considering gold’s outstanding fundamentals, it’s no surprise that demand has stayed strong a decade into its bull. And with demand only expected to strengthen in the years to come, a lot of weight rests on the shoulders of gold’s suppliers.
In order for this yellow metal to find an economic balance, consumers rely on a supply chain that had been quite consistent over the years. The major supply sources of mine production, recycling, and central-bank sales had worked in symphony to meet demand. Unfortunately over the course of gold’s bull this supply chain has grown increasingly inconsistent and unreliable, with these sources exhibiting extreme volatility.
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Friday, July 01, 2011
U.S. Dollar Collapse? Euro Crisis? Both, says Gold / Commodities / Gold and Silver 2011
The gap between gold in dollars vs other currencies has widened...
MANY factors determine the gold price – some transient, some more sustained.
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Friday, July 01, 2011
Gold Ends Up Against US Dollar, Down Against Euro, Debt Ceiling Row turns Constitutional / Commodities / Gold and Silver 2011
THE U.S. DOLLAR spot price of gold bullion slumped to a one-month low of $1489 per ounce Friday morning London time – 5.5% down on May's all-time high – as stocks gained and commodities fell.US newspapers meantime reported Friday that the very existence of a US federal debt ceiling may be unconstitutional.
Friday, July 01, 2011
Gold Lower as Market Embraces Risk Again, Chinese Inflation Still a Worry / Commodities / Gold and Silver 2011
Gold lost ground yesterday and is weak again this morning. The risk trade gathered strength as traders took a bullish view on the global outlook. Greek progress outweighed concerns over China's slow down in manufacturing, as represented by the Chinese Purchasing Managers Index's lowest number in 20 months. Continuing inflation concerns across Asia are prompting central banks to engage in monetary tightening. China's inflation is still uncomfortably high, standing tall at 5.5%, which exceeds official targets of 4% by a considerable margin. Oil is lower at $94.35. compressed by lower Chinese demand.
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Friday, July 01, 2011
Seasonal Trades Are the Solution to Commodity Markets Volatility / Commodities / Seasonal Trends
Larry D. Spears writes: Given all the volatility in the markets of late it might be time to try something with a high probability - though not a guarantee - of paying off.
I'm talking about "seasonal trades."
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Friday, July 01, 2011
Lower Targets Open For Brent Crude Oil / Commodities / Crude Oil
An earlier fall in Brent Crude Prices in May found initial support from a 38.2% level. This has now come under pressure again, inviting calculation of lower targets.
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Friday, July 01, 2011
Looking for Oil and Gas Values, Not Value Traps / Commodities / Oil Companies
Sprott Energy Fund Portfolio Manager Eric Nuttall wants an edge when he can find one. He's bullish on oil, but he prefers to play the good oil story, not the commodity. And even though he's bearish on natural gas, he's finding names that may provide exceptional growth. Eric shares his best ideas in this exclusive interview with The Energy Report.
The Energy Report: In 2010, the Sprott Energy Fund outperformed its peer S&P/TSX Capped Energy Index (32.6% versus 11.7%). In fact, the fund outperformed the index in five out of the last seven calendar years. What's the formula here? Read full article... Read full article...
Friday, July 01, 2011
Commodity Investors Fortress Assets Opportunities Coming Soon! / Commodities / Investing 2011
“…the bankers are attacking all commodities…
…half of the 60 million barrels came from the U.S.’s “Strategic Reserve” – and as we all know, no government serves the interests of the international banking cabal more slavishly than the U.S. government.
…any increase in the price of oil functions exactly like a broad-based tax increase.
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Thursday, June 30, 2011
Gold and Silver Long Range Arc Points Upward / Commodities / Gold and Silver 2011
One of the functions of Gold Stock Trades is to help subscribers separate the daily chaff from the long term view of the economic grain. The markets will do what they have always done, which is to confuse, misdirect and obfuscate.
It is important for investors to stay on target and not be swayed by skewed media reports and questionable economic data, which often serve to mislead us as we go through the investment jungle.
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Thursday, June 30, 2011
Gold Holds Steady Whilst Train Wreck Greece Could Give Up on Cuts / Commodities / Gold and Silver 2011
THE U.S. DOLLAR gold price rose to $1512 an ounce Thursday morning London time – a 0.7% gain on the week so far – before falling back towards lunchtime, as stocks held flat and commodities fell ahead of the second Greek austerity vote.
Gold prices in Euros meantime climbed to €33,596 per kilogram (€1045 per ounce) – but still 1.3% down on the week – as the single currency hit a near-three-week high of $1.45.
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Thursday, June 30, 2011
Gold Watches the Greek Tragedy that Is the Euro / Commodities / Gold and Silver 2011
The risk trade is on again, gold holds steady and may even be about to falter. The European Union's Financial Cavalry have saved the world from the evil Greek mobs by lending more money yet again. ......... Don't believe a word of it!
The Greek crisis is endemic of a system in deep crisis. The European project is ill-equipped politically or financially to manage the creeping doubt that has slowly and inevitably eroded investor confidence the world over. The gnarling mob may have been beaten back this time, but when the full effects of further austerity measures are thrust upon them, what then?
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Thursday, June 30, 2011
Why Silver Could Drop Below $30 / Commodities / Gold and Silver 2011
A close look at where silver is currently positioned at this stage of its developing long-term bubble, and what can be expected short-term in its price using Bump-and-Run and Dead-cat Bounce pattern analyses, suggests that silver is on its way to returning to its long-term mean.
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Thursday, June 30, 2011
Faulty Markets, Is the Silver ETF Bleeding to Save the COMEX? / Commodities / Gold and Silver 2011
The iShares Silver Trust (SLV) has seen a precipitous decline in the amount of silver it reports in its trust, even as the price of silver remains mostly flat in post-frenzy trading. If SLV really does own the silver that it reports on its balance sheet, investors should be left to wonder if the SLV isn’t doing the bidding of the COMEX, which has reported falling supplies amidst larger requests from purchasers.
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