Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, October 19, 2010
Gold in a Low Inflation Environment / Commodities / Gold and Silver 2010
Why this really isn't the early '80s recession replayed...
WHATEVER the problem is, a lack of money it ain't. Just so we're clear. Quite how more money might help, therefore, we can't say.
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Tuesday, October 19, 2010
Crude Oil and Natiral Gas prices Higher with Equities / Commodities / Crude Oil
Surging equity markets have helped push oil prices through the $80 level. Benchmark crude oil scheduled for November delivery trades at $83.14 in early New York Mercantile Exchange trade Tuesday (October 19) morning.
Oil prices climbed firmly, by $1.83, in Monday’s trade, for a New York settle price of $83.08. Higher stock prices due to a promising round of earnings reports, along with a weaker dollar-euro ratio were seen as catalysts for the fast start to the week.
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Tuesday, October 19, 2010
Gold Plunges to 2 Week Low as U.S. Dollar and Yen Push Higher / Commodities / Gold and Silver 2010
GOLD PRICES fell Tuesday lunchtime in London, unwinding an earlier rise made against all currencies bar the US Dollar and Japanese Yen, which then knocked gold bullion back to two-week lows at $1345 per ounce and ¥3530 per gram respectively.
European stock markets also slipped, while US crude oil fell back below $82 per barrel.
Tuesday, October 19, 2010
Russia Offers Indonesia Floating Nuclear Power Station / Commodities / Energy Resources
Russia has offered Indonesia to cooperate in the nuclear field. The offer stipulates the construction of the first nuclear-powered electric power plant in the country. Russian experts believe that Indonesia, being the country of many islands, may show interest in Russia's state-of-the-art technology of building floating nuclear power plants.
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Tuesday, October 19, 2010
Gold Mining Stocks and Silver Set for Short-Term Correction / Commodities / Gold and Silver 2010
Whether you call it a recession, or depression, or deflation, or recovery, for tens of millions of Americans, there’s little difference. With the Mid-term elections upon us the odds are that the voters might make the new Congress more conservative.
Generally, it is believed that a more conservative government might lean towards self-control in spending (yeah, right), restraint in Keynesian stimulus policies, which means moderating the quantitative easing.
Tuesday, October 19, 2010
Gold and Silver Try to Maintain Positive Momentum / Commodities / Gold and Silver 2010
Gold and silver maintained their positive momentum yesterday and eked out another daily gain after initial weakness. Both are marginally lower today and yesterday's lows of $1352/os and $23.70/os are now short term support which could be tested if we have a period of dollar strength. However, the technicals and the fundamentals remain resoundingly supportive of higher prices and the round figures of $1,400/oz (and $24/oz) remain short term price targets.
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Tuesday, October 19, 2010
How to Play Gold Short-term Top with Options Calendar Spreads / Commodities / Gold and Silver 2010
Recent price action in stocks and commodities reinforces the “don’t fight the Fed” mantra. What would our central bank be doing if it were not devaluing our currency, attempting to create inflation, and openly manipulating financial markets through a series of supposedly calculated open-market operations? I do not have any market prophecies; my crystal ball is on permanent vacation. The only certainty that presents itself is that the market pundits, the academics, and the analysts do not know exactly what is going to happen in the future.
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Monday, October 18, 2010
Gold Still Under Owned / Commodities / Gold and Silver 2010
The debate is on. People are saying even if there is not deflation, at the same time there is no inflation, which is of course wrong. In the first place, inflation, which is defined as an increase in money supply (not prices), although growth rates are not hyperinflationary, still, they are rising. So, on the most basic level the premise these people are operating under is completely false. Prices are rising in under-owned asset groups (think precious metals and commodities) due to money supply growth, and falling in over-owned asset groups (think real estate and stocks), but all this has nothing to do with the inflation, which is a product of wrongheaded and unscrupulous government in that it’s indirect wealth confiscation.
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Monday, October 18, 2010
Gold Slips as Dollar Rallies, Correlation with Euro Holds at Record Level / Commodities / Gold and Silver 2010
THE PRICE OF PHYSICAL gold fell in Asian and early London trade on Monday, dropping to a 3-session low of $1354 an ounce as the US Dollar rallied and Asian stock markets ended the day lower.
Only New Zealand and Bombay equities avoided a drop in Asia-Pacific trade, while US crude oil contracts slid to a 1-week low of $80.35 per barrel.
Monday, October 18, 2010
Crude Oil at a Crossroad of Inventory and Fed’s QE2 / Commodities / Crude Oil
Oil prices have continued to soften at $82.51 a barrel for November delivery on the NYMEX Friday after a Federal Reserve Chairman Ben Bernanke’s speech sparked some uncertainty as to how far the central bank will support the economy.
Monday, October 18, 2010
Silver Is On The Move / Commodities / Gold and Silver 2010
The events of the past few months have been dominated by the decision of the Federal Reserve to undertake a further, massive easing. Since the emphasis will not be on lowering interest rates (because they are effectively zero), it is being called a quantitative easing (an easing by virtue of the quantity of reserves which the Fed pumps into the banking system) and has acquired the name QE2 (quantitative easing 2). Immediately, gold and silver broke into new all-time highs, the dollar collapsed against most foreign currencies, and many individual commodities started to race to the moon (which Ben Bernanke describes as a threat of deflation).
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Monday, October 18, 2010
Never Mind What The Fed Thinks, The Markets Have Decided QE2 is Coming / Commodities / Gold and Silver 2010
Gold prices embarked on a massive rally recently, rising from around $1210 to $1380 in just two months. Simultaneously the US index, which has a traditional inverse relationship with gold, has fallen from 83.5 to 76.5 as America puts a nose ahead in the current currency devaluation wars. The fundamental factor that is driving both gold and equities higher, and the USD lower is the expectation of a second dose of quantitative easing (dubbed QE2) by the US Federal Reserve.
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Sunday, October 17, 2010
Gold Enough Vigor to Delay the Inevitable? / Commodities / Gold and Silver 2010
The Mid term elections are upon us and we thought to consider what impact, if any, they may have on the stock market and precious metals.
Whether you call it a recession, or depression, or deflation, or recovery, for tens of millions of Americans there’s little difference. Americans point to the troubled economy as their most burning issue this year when deciding how to vote for 435 House seats and 37 out of 100 Senate seats, according to a nationwide CNN poll.
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Sunday, October 17, 2010
Forget China, The Real Catastrophe To Hit U.S.A. Is Hydrocarbon Imports / Commodities / Crude Oil
deleted on author request.
Sunday, October 17, 2010
Gold Price About to Plunge? / Commodities / Gold and Silver 2010
Short term indicators are suggesting weakness in this latest move by gold into new highs. Are they telling us that a plunge is ahead?
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Sunday, October 17, 2010
An Easy Way to Boost America’s Energy Independence / Commodities / Energy Resources
David Fessler writes: You know, for all the talk about working towards greater energy independence through alternative energy resources like wind and solar power, there’s another much simpler solution.
And it’s sitting on your kitchen table.
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Saturday, October 16, 2010
U.S. Natural Gas Glut, When Will The United States Begin Exporting It? / Commodities / Natural Gas
Tony D’Altorio writes: Though few know of it, the global energy industry might be in for some huge changes before long…
Within the next five years, the U.S. could become a major natural gas exporter in the form of liquefied natural gas (LNG).
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Saturday, October 16, 2010
Silver Major Price Breakout and Manipulation Timeline / Commodities / Gold and Silver 2010
During the spring and summer of 2010, the price of silver was caught in a trading range of $17.00-19.50. But that all changed at the beginning of September. From a rally low of $17.50 last summer, the price has exploded to the $25 dollar area in barely two months. What happened?
From a fundamental perspective the Perma bulls in silver have forever been describing the supply situation as one that cannot sustain demand and that a powerful rally to unprecedented heights would take place. To their credit and patience, the move may have finally started a few months ago.
Friday, October 15, 2010
Will the Gold, Silver, Oil and other markets tolerate a Euro $1.50 - $1.70 Dollar? / Commodities / Gold and Silver 2010
Fed Chairman Ben Bernanke said he thought the current high unemployment and low inflation environment would linger into 2011 and as a result there is a "case for further action" on the monetary policy front. Mr. Bernanke said the Fed might expand its holdings of longer-term securities. He also said that the Fed has little experience in judging the economic effects of more asset purchases. This tells us that we are stepping off into new territory. The same will be true of the rest of the world.
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Friday, October 15, 2010
Gold Junior Miners GDXJ ETF Analysis / Commodities / Gold and Silver 2010
Gold’s relentless climb to new record highs is driving a renaissance of investor interest in junior gold stocks. This fascinating subsector amplifies investing’s usual risk-reward equation to breathtaking extremes. While the great majority of junior golds will end up worthless, the few that strike it big enjoy some of the largest gains ever seen in the financial markets. We’re talking 100x+ returns!
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