Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, January 13, 2011
Gold, Silver and the Dollar’s Next Big Move / Commodities / Gold and Silver 2011
There is a potentially big setup in precious metals sector along with the dollar which looks like its about to unfold. Since mid-October of last year gold started to show signs of distribution selling. Only a month later in November silver started warning us that some big players were taking some profits off the table also. Distribution selling is easy to spot on the charts. In short you will see heavy volume selling accompanied with strong moves to the downside.
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Thursday, January 13, 2011
Will U.S. Economic Growth Hamper Gold? / Commodities / Gold and Silver 2011
Has the U.S. economy turned the corner? Mark Lackey with Toronto-based financial services company Pope & Co. is forecasting modest growth and slight inflation. In this exclusive interview with The Gold Report, Mark explains why that shouldn't drive a continued correction in gold prices and shares some companies that are set to prosper—whether they've got an NI 43-101-compliant estimate or not.
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Wednesday, January 12, 2011
Silver's Tactical Performance / Commodities / Gold and Silver 2011
“Tactical performance” is a word we'll all have to grow accustomed to reading, as more and more weight of the markets is placed in the hands of investment managers or quick acting computer models.
The best example of tactical performance was the first week of trading for the gold and silver markets, when there were numerous “tactical” changes to investment portfolios, as we just witnessed. Such reallocation (taking profits from winners, adding to undervalued losers) is big business, and fund managers like to make such portfolio revisions at a time most convenient: late December and early January.
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Wednesday, January 12, 2011
China Sets Stage for Vacuuming World's Silver / Commodities / Gold and Silver 2011
China's monetary policy is increasingly a main driver of gold and silver prices because so many Chinese can now afford metal investments and are willing to snap them up.
Recently, though, China took one of the most aggressive steps to take control of the 2011 silver supply. This year, China anticipates it will allow its currency to advance some 5% against the dollar after previously allowing for only a 3.6% advance in 2010. Such a massive increase, many believe, could tip the metals scale.
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Wednesday, January 12, 2011
Shanghai Gold Premium Hits $23/Oz, China Opens 1 Million Gold-Savings Accounts / Commodities / Gold and Silver 2011
THE PRICE OF GOLD touched fresh 1-week highs in late Asian trade on Wednesday, slipping back as European stock markets rose and Portugal's new issue of 10-year debt found what bond dealers called "strong demand".
The gold price in Dollars retreated below $1380 from $1387.50 per ounce.
Wednesday, January 12, 2011
Gold Bullion Demand Surges in Middle East and Asia / Commodities / Gold and Silver 2011
Gold is marginally higher in US dollars while silver has risen by nearly 1% in all major currencies this morning. Risk appetite remains highs as seen in higher Asian and European bourses today. The US, Hong Kong and New Zealand dollar are weaker as are Australian and German government bonds (which rose 6 basis points and 4 basis points to 5.51% and 2.96% respectively).
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Wednesday, January 12, 2011
When To Buy Gold And Silver / Commodities / Gold and Silver 2011
Gold and silver are falling.Two of the most over loved, overbought markets on the planet, are going down. What fortune awaits the holders of these barbarous relics. Will they go the way of oil, after it reached $145 and was never supposed to see $100 again, let alone $30.00. Is another crash like we saw in 2008 coming? Have the inflationist made the mistake of their lives?
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Wednesday, January 12, 2011
Virginia Considers Gold as Alternative Currency for When FED Breaks Down / Commodities / Gold and Silver 2011
In what could be the financial shot heard around the world, the state of Virginia is considering the establishment of a joint subcommittee to study whether the Commonwealth should adopt a currency such as gold or silver to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System.
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Tuesday, January 11, 2011
Gold and Silver Enter a Higher Risk, Higher Return Potential Zone / Commodities / Gold and Silver 2011
2011 is sure to be a critical year for gold with several analysts predicting an end of the bull market. It may sound very strange, but it appears that the USD Index has been leading the way for precious metals and suggests higher prices are likely to be seen soon. The general stock market may enter a consolidation phase in the near-term but has had little influence on gold, silver and mining stocks recently.
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Tuesday, January 11, 2011
Oil, PBR in New Upleg? / Commodities / Crude Oil
Oil prices pivoted off of key support at 87.25-86.80 last Friday in the aftermath of a decline from 92.58. Strength yesterday and today has the look and feel of a new upleg, which if accurate projects next to 94.60-95.20 -- and, if that target zone is breached, onwards to 103-105.
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Tuesday, January 11, 2011
This Will Be the Biggest Bull Trend in Commodities for the Next Decade / Commodities / Natural Gas
Matt Badiali writes: One of the smartest, loudest, richest oilmen in America is T. Boone Pickens.
Since graduating college with a geology degree in 1951, Pickens has spent the last 60 years building a billion-dollar fortune by finding oil, putting together giant deals, and managing energy investment funds. He's the "rock star" of the U.S. hydrocarbon industry.
Tuesday, January 11, 2011
How to Trade Crude Oil / Commodities / Crude Oil
Now that we have "Silly Season" behind us, it's time to get serious about trading
In today's video we are looking at crude oil. This market has been a disappointment to a lot of traders as has remained in a broad trading range for the past 18 months.
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Tuesday, January 11, 2011
Silver Vulnerable After Steep Uptrend Breakdown / Commodities / Gold and Silver 2011
Silver is now looking vulnerable as last week it clearly broke down from its steep uptrend in force from last August, after making new highs at the turn of the year. As we know from experience, when silver breaks down things can turn ugly fast, and technically the only thing that has preventing it from plunging thus far following the trendline failure has been the support level in the $28 area near to its rising 50-day moving average.
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Tuesday, January 11, 2011
Gold on the Verge of Going into Correction Mode / Commodities / Gold and Silver 2011
The rally in gold in the final trading days of December was unable to make new highs, and now it is on the verge of going into correction mode. On the 6-month chart we can see how, after a sharp drop on Monday, gold just held key support at $1360 from Wednesday through Friday. If this support should fail soon, which looks increasingly likely, then gold can be expected to go into retreat.
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Tuesday, January 11, 2011
Gold & Silver Rise Again on "Robust" Asian Buying / Commodities / Gold and Silver 2011
THE PRICE OF GOLD rose further against all major currencies in London trade on Tuesday morning, reversing two-fifths of last week's $68 drop to hit $1385 per ounce for US investors.
Global stock markets also rose, adding more than 1% to London shares, as energy and agricultural commodities extended their rally.
Tuesday, January 11, 2011
Not Owning Gold is a Form of Insanity / Commodities / Gold and Silver 2011
Gold remains well supported in all major currencies this morning, especially the euro, pound, yen and the New Zealand and Australian dollar. Concerns about inflation, credit bubbles and the growing likelihood that the Eurozone debt crisis will deepen is leading to continuing safe haven demand for gold – particularly in India, China and wider Asia.
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Tuesday, January 11, 2011
Gold Outlook 2011: Irreversible Upward Pressures and the China Effect / Commodities / Gold and Silver 2011
Good afternoon. It is a pleasure to return to the Empire Club to discuss the outlook for gold and precious metals in 2011. I know this may appear to some to be an enviable job—getting to speak about the one asset class that seems to continually out-perform all others year after year—but it is a double edged sword.
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Tuesday, January 11, 2011
110 Analysts Believe Gold Will Go Parabolic to $3,000 or More! / Commodities / Gold and Silver 2011
More and more economists, analysts and financial writers, 122 in fact, have taken the bold step of projecting the price at which gold will achieve its parabolic peak. Some have adjusted their previous prognostications higher given gold’s strong advance again in 2010 while others have jumped aboard what has become a bandwagon of optimism. The majority (84) maintain that $5,000 or more for gold is possible. 6 individuals have even gone so far as to claim that the parabolic peak will be realized sometime in 2011.
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Monday, January 10, 2011
Mainstream Hacks Deny Gold its Fundamentals / Commodities / Gold and Silver 2011
Yesterday I came across a clip from one of the business channels. The discussion was about “king dollar” and Gold. (The king dollar probably gives it away). Anyway, one of the guests quipped, “I’m on record that Gold is a dumb trade. It is rising based on fear and confusion and when that subsides, the Gold trade ends.”
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Monday, January 10, 2011
As China Stock Market Corrects, Rare Earth Crisis Takes Center Stage / Commodities / Metals & Mining
History is replete with seemingly unexpected and catastrophic appearance of events that nobody saw coming. In the old days, we have Biblical prophets who sounded clarion alarms. Now we are past the age of prophecy. As in historical watersheds, we suddenly find ourselves congealed in the volcanic ash of a modern Vesuvius eruption, which leads us to scratch our heads of how in the world did we come to this point with rare earth supply fears?Read full article... Read full article...