Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, April 15, 2011
Can You Pass The 2011 Gold Investing Quiz? / Commodities / Gold and Silver 2011
By: Jeff_Clark
Jeff Clark, BIG GOLD writes: CPM Group recently released their 2011 Gold Yearbook, an invaluable resource for us gold analysts. Mostly a reference book, even a gold enthusiast might find it dry reading. But I loved it, and as I studied it on a plane, I kept finding data that made me perk up.
To have a little fun with it, I thought I’d summarize what I read in the form of a quiz. See how many you can get correct. Regardless of your score, I’m sure you’ll agree with the ramifications each point makes for the gold market.
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Friday, April 15, 2011
Silver Screaming Inflation / Commodities / Gold and Silver 2011
By: Adrian_Ash
Who wants gold when silver looks to offer turbo-charged inflation protection instead...?
The CURRENT SURGE in bids to buy silver might seem dramatic, but it's more measured by far – to date, at least – than the true silver bubble of Sept. 1979 to Jan. 1980.
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Friday, April 15, 2011
Harsh Reality, The Green Revolution Accomplishments and Apprehensions / Commodities / Renewable Energy
By: Richard_Mills
The second half of the 20th century saw the biggest increase in the world's population in human history. Our population surged because:
- Medical advances lessened the mortality rate in many countries
- Massive increases in agricultural productivity because of the "Green Revolution"
Friday, April 15, 2011
What Does Silver’s Recent Performance Relative to Crude Oil Mean For Investors? / Commodities / Gold and Silver 2011
By: Przemyslaw_Radomski
Gold market witnessed a bumpy roller coaster ride during the week. An interesting thing to observe was the reasons that economic commentators gave for price fluctuations. On Tuesday gold for June delivery lost $14.50 to settle at $1,453.60 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,468.50 and as low as $1,445 while the spot gold price was shedding more than $11. The reasons for the decline were explained by falling oil prices and by a Goldman Sachs report with a short-term bearish call on oil and copper, the industrial bellwethers. (The term “bellwether” refers to the practice of placing a bell around the neck of a castrated ram leading his flock of sheep so that the movements of the flock could be noted by hearing the bell).
Friday, April 15, 2011
Correction Ended for Crude Oil and USO ETF / Commodities / Crude Oil
By: Mike_Paulenoff
Despite commodity bashing by Goldman Sachs again this morning, oil prices remain relatively buoyant.
Right now my pattern and momentum work in the U.S. Oil Fund ETF (USO) indicate that a significant correction ended at Wednesday's low at 42.10. They also indicate that current strength represents the initiation of a new upleg in an incomplete larger bull move that projects to another new high in the days directly ahead.
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Friday, April 15, 2011
U.S. Budget Impasse has Momentous Significance for Holders of Gold and Silver / Commodities / Gold and Silver 2011
By: Jeb_Handwerger
Regardless of whether a compromise is reached over the approaching lockdown of the United States ceiling and the raising of the debt, this impasse has momentous significance for holders of gold (SPDR Gold Shares (GLD)) and silver (iShares Silver Trust (SLV)). The serious weaknesses of our economic structure is exposing it as a paper tiger. Instead of seeking fiscal sanity, the inability of our leaders to agree on even the smallest of issues is reminiscent of the Roman Empire dealing out bread and circus to the masses when Rome could no longer afford the good times and the games.
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Friday, April 15, 2011
Is the Gold Price Really Rising? / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
If we look at the gold price in the euro, we see it holding between €1,010 and 1,020 for the last couple of weeks. In the Swiss Franc it is doing much the same. However, in the dollar it has been rising, hitting new highs at $1,475. Today it jumped to €1,026 and through $1,480. If we follow the suggestion of Robert Zoellik the head of the World Bank, that gold should be a 'value reference' for the gold price, then we cannot look at the gold price in an individual currency, we must look at the currency's value against gold.
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Friday, April 15, 2011
Rhodium Deeply Oversold Relative to Gold and Silver Which is in a Bubble / Commodities / Gold and Silver 2011
By: Ned_W_Schmidt
RHODIUM TRADING THOUGHTS is about timely and profitable trading of precious metals. We do not believe every turn in the market can be called. Our goal is that our recommendations should be profitable. Profits are the goals, not trades. Do not expect all recommendations to be profitable. No system can achieve that lofty goal.
Friday, April 15, 2011
Gold Hits New Dollar High, Silver Extends Sterling Records on China Inflation / Commodities / Gold and Silver 2011
By: Adrian_Ash
WHOLESALE-MARKET PRICES to buy silver and gold jumped at the start of Asian trade on Friday, hitting new 31-year and all-time Dollar records respectively, as Beijing reported a surge in China's growth and inflation rates.
Hitting a 3-year high of 5.4% – and with current bank-deposit rates raised last week to just 3.25% – "China's outlook for inflation might raise the threat of more aggressive monetary conservatism by Chinese authorities," says Standard Bank, especially given that GDP figures were also unexpectedly strong" at 9.7% year-on-year.
Friday, April 15, 2011
Gold and Silver Reach New Record Highs / Commodities / Gold and Silver 2011
By: GoldCore
Gold and silver have reached new all-time and 31-year record highs in trading in London this morning. Silver is particularly strong and the euro particularly weak on sovereign debt contagion concerns.
Inflation and sovereign debt fears are leading to continued safe haven demand. It is as important as ever to note that the record highs are nominal highs and inflation adjusted gold and silver remain a long way from their respective highs of $2,400/oz and $140/oz in 1980. These inflation adjusted highs remain viable long term price targets.
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Friday, April 15, 2011
Gold, Silver and Stocks in a Financial Panic / Commodities / Gold & Silver Stocks
By: Jesse
Gold is resilient, bouncing off its tentative right shoulder support. Silver is just awesome, taking no prisoners.
The commodity commentary on the Bloomberg network was particularly ridiculous today. They drew a parallel between the commodity rise into 2008 and the subsequent sharp decline with the rise into 2011, suggesting that there will be a similar decline, without ever mentioning the cause, using ominous sounding words and innuendo.
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Friday, April 15, 2011
Gold Guru on What the Mainstream Financial Press Talking Heads Don't Understand / Commodities / Gold and Silver 2011
By: DailyWealth
Dr. Steve Sjuggerud writes: The price of gold has soared by nearly $1,200 in the last 10 years.
Today, it's around $1,450 an ounce. A decade ago, it was $260. That's a more-than-fivefold rise in the price of gold in a decade – which dwarfs the gains of the housing bubble of 2006.
Thursday, April 14, 2011
Will Gold and Silver Survive the Double Dip? / Commodities / Gold and Silver 2011
By: John_Browne
It is rare in recent history for precious metals to appreciate in parallel with the broader stock market. Yet, this has been the case in the two years since the stock market began crawling out of the wreckage of the 2008 financial crisis. Although metals have vastly outperformed US equities over that time frame, it is noteworthy that stocks have gone up at all. Since January 2, 2009, the S&P 500 stock index is up just about 50%. Over the same time, gold is up 68% and silver is up a staggering 267%. With rising interest rates, oil at over $100 a barrel, and the recovery running out of steam, many investors are wisely asking if the markets are set for a sharp pullback. Given the correlation that we have seen across asset classes, some are making the seemingly logical conclusion that metal prices are vulnerable.
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Thursday, April 14, 2011
Crude Oil Near 3 Year High As Unrest Persists in the Middle East / Commodities / Crude Oil
By: Marin_Katusa
By Marin Katusa, Casey Research : With the civil war in Libya now entering its third week, Egypt moving haltingly towards free elections, and hundreds dead in Syria, Yemen and Bahrain after a month of anti-government protests in each country, the Middle East is rife with instability. On Wednesday, April 6, that instability pushed the spot price of Brent oil above US$123 per barrel, a high not seen since August 2008 when prices were crashing from an all-time peak of US$147.50 on the eve of the financial crisis.
Thursday, April 14, 2011
Natural Gas Pierces Resistance / Commodities / Natural Gas
By: Mike_Paulenoff
After whipsawing to the downside to 4.06 immediately after this morning's inventory data, natural gas futures have reversed sharply to the upside and pierced key resistance around 4.20/21.
Natural gas made a significant multi-year low on March 7 at 3.805. The first minor upmove in a new upleg ended on March 27 at 4.548, after which a correction ensued that ended Monday morning at 3.99.
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Thursday, April 14, 2011
State of Utah Recognizes Gold Coins As Money / Commodities / Gold and Silver 2011
By: MISES
The state of Utah has recently enacted a law by which the gold coins issued by the US Mint are to be considered money and, therefore, not subject to capital-gains taxation. The law does not apply to foreign-issued coins, such as South African Krugerrands, by far the most popular precious-metal coin in the world. Nor does the law apply to privately issued coins, such as the so-called Ron Paul Dollar. Capital gains on the US-issued coins would still be subject to federal taxation.
Thursday, April 14, 2011
Gold and the Dollar Death by Slow Fuse or Eventual Crushing / Commodities / Gold and Silver 2011
By: Richard_Hartley
I decided to apply Martin Armstrong's Pi model of Economic Confidence to the demise of the dollar and predictive gold. The graphic below shows the ascent of Gold to new highs of $8300 dollars in 2018 based on the 4.3 year cycle and the private long cycle of 51.6 years that Armstrong developed. As Armstrong said last week in this article it looks like the period 2015.75 through to 2020.05 is going to be a lot worse than this present one has been.Read full article... Read full article...
Thursday, April 14, 2011
Peak Uranium - And Other Threats To Nuclear Power / Commodities / Uranium
By: Andrew_McKillop
We have nearly all heard about Peak Oil despite doubts on very basic elements like how we define “oil” compared with oil condensed from natural gas, but the possibility of there simply not being enough uranium to keep present and planned reactor fleets going is new.
Thursday, April 14, 2011
Gold Slips, "Huge Speculation" Makes Asian Silver Market "Dysfunctional" / Commodities / Gold and Silver 2011
By: Adrian_Ash
LONDON'S WHOLESALE-MARKET price for gold fell against a rising US Dollar in London on Thursday, dropping back to $1454 per ounce but rising for Euro and Sterling buyers as world stock markets fell alongside commodities.
Major-economy government bond price rose, nudging 10-year US Treasury yields down to 3.44%.
Thursday, April 14, 2011
Euro Falls against Gold and Particularly Silver as Greek 10-Year Yield Surges Over 13.2% / Commodities / Gold and Silver 2011
By: GoldCore
Gold is tentatively higher against the euro but mixed against other currencies, while silver is higher again in most currencies. Both probed upward this morning and are exhibiting signs that they may push higher prior to a much anticipated correction.
The Greek 10-year yield has just surged over 13.2% and this is leading to falls in the euro and risk aversion with equities, commodities and oil falling.
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