Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, January 16, 2012
Natural Gas Price Forecast 2012, Avoid the "Widow Maker" / Commodities / Natural Gas
By: Money_Morning
Jack Barnes writes:
I've been watching natural gas for years now and find myself shaking my head lately.
The cost to buy the "clean energy" is collapsing as crude oil, a product that needs refining, stays above $100 per barrel.
In fact, this chart for natural gas is what I call a Widow Maker.
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Monday, January 16, 2012
All You Need to Know About Iran, $200 Crude Oil, and $6.00 Gas / Commodities / Crude Oil
By: Money_Morning
Jason Simpkins writes:
If you're unsettled by the thought of gasoline at $4.00 a gallon, brace yourself.
With tensions between Iran and the West quickly escalating, we could see gas jump to $6.00 a gallon at the pump in a matter of months.
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Sunday, January 15, 2012
Revisiting Our Proposal for an Overnight Gold Fund / Commodities / Gold and Silver 2012
By: Bob_Kirtley
In August 2010 we wrote an article entitled “Proposing An Overnight Gold Fund” in which we explored the potential for launching a fund that held long positions in gold overnight and was short gold during the day. We pointed out that “a hedge fund starting in 2001 with $100m, with the strategy of being long gold from the PM to AM fix, and short gold from the AM to PM fix...would be worth $2.16billion today, before any fees and expenses.” We have been monitoring this trading strategy since then and therefore would like to take this opportunity to update readers on its astonishing progress.
Sunday, January 15, 2012
Will Gold Regain its Safe Haven Status in 2012? / Commodities / Gold and Silver 2012
By: Clif_Droke
Last year was an eventful one for the gold market. The yellow metal was up 10 percent in 2011 for its 11th consecutive annual gain. But despite making an all-time high on Sept. 5 at $1,900/oz. gold finished the year down 18 percent from that high.
Gold entered a bear market in late 2011 which was confirmed by gold's closing below its historically significant 30-week moving average. This doesn't happen very often which indicates the technical significance of the event. The last time gold violated its 30-week MA was in 2008 during the credit crisis and it hasn't happened since then as you can see in the following chart.
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Saturday, January 14, 2012
Gold Rebounds and Gains Momentum / Commodities / Gold and Silver 2012
By: Przemyslaw_Radomski
Gold rallied this week hitting its highest in a month and breaking above its 200-day moving average. There were a myriad of reasons suggested in the financial press. Some writers said it was a stronger euro that helped boost the price above the key technical level. One headline said it was due to a buying binge from China ahead of the Lunar New Year which begins January 23. (The country imported a record 103 tons of gold from Hong Kong in November, up 19% month-on-month and a 483% increase year-on-year.)
Saturday, January 14, 2012
Global Factors Boost Gold and Silver Demand / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
After having a strong week, gold and silver prices are pulling back today, as several developments weigh on the markets. JP Morgan provided a wake up call to rallying financials as the company reported a miss on fourth quarter earnings. For the second time in only two days, Bank of America cut its fourth quarter GDP estimate from 3.5 percent to 2.7 percent. Furthermore, the U.S. dollar continues to show strength as Standard & Poor’s downgrades France.
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Saturday, January 14, 2012
Overbought U.S. Dollar to Launch Gold Price Higher / Commodities / Gold and Silver 2012
By: Zeal_LLC
Since rocketing to new all-time highs last summer, gold has weathered a major correction. While that selloff was healthy and necessary given the excessive optimism that catapulted gold to very-overbought levels, a strong US dollar accelerated gold’s swoon. But with the dollar now as overbought and wildly popular as gold was in August, this currency itself is due for a major selloff that is likely to launch gold.
Friday, January 13, 2012
Gold Bugs Stop Laughing! / Commodities / Gold and Silver 2012
By: Adrian_Ash
Zero rates are starting to set around investors like concrete...
OWNING GOLD should make financial crises fun. Which alongside silver, it has surely done to date, 20% and 50% plunges aside.
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Friday, January 13, 2012
Markets Comfortable Again with Gold / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET Dollar gold prices dipped to $1637 an ounce Friday morning London time – a 1.4% fall from Thursday's high – as the Euro fell against the Dollar following a successful-yet-disappointing Italian bond auction.
In contrast to Dollar gold prices, the gold price in Euros gained throughout Friday morning, hitting €41,326 per kilo (€1285 per ounce) around lunchtime.
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Friday, January 13, 2012
Renewed Iranian Worries Support Silver and Gold Prices / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Even as the last of the U.S.’s troops exit Iraq, a set of fresh developments have fuelled the West’s growing concerns over neighboring Iran’s nuclear and military capabilities. These factors have provided considerable indirect support for silver and gold prices in the early trading sessions of 2012 as investor safe haven demand has again increased significantly after relaxing somewhat during late December’s holiday period.Read full article... Read full article...
Friday, January 13, 2012
Gold and Silver Investors Take Advantage of Impending Mega-Moves / Commodities / Gold and Silver 2012
By: DeepCaster_LLC
“Sales are good and are continuing since last 10 days. Lucknow itself is selling about 150 kgs daily compared to 100 kgs in December,” said Lokesh Kumar Agarwal, Brijwasi Bullion and Jewellers.”
“India Gold Extends Rise From 1-Week Low”, Reuters, 1/12/12
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Friday, January 13, 2012
Bullish on Crude Oil, Bearish Energy Stocks / Commodities / Crude Oil
By: Mike_Paulenoff
Oil is considerably higher today, as geopolitical tensions continue, and despite despite yesterday's larger-than-expected inventory build in oil and gasoline, and unseasonably warm weather across much of the nation.
Increasingly, it appears that all of the action off of the Jan 4 high at 103.74 into this morning's price at 101.94 in NYMEX crude oil futures has carved out a high-level bullish coil pattern. When complete, this pattern should resolve into a new up-leg that propels nearby NYMEX oil to new highs projected into the 106-108 area.
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Thursday, January 12, 2012
Gold's Appeal "Undiminished" / Commodities / Gold and Silver 2012
By: Adrian_Ash
The PRICE of BOTH gold and silver hit a 1-month high in London on Thursday morning, gaining 0.9% and 2.1% respectively as world stock markets also rose, as did the single Euro currency and industrial commodities.
US, German and UK government bond prices all ticked lower, nudging yields higher, after Spain and Italy successfully auctioned €22 billion in new debt between them, and at much lower interest rates than investors demanded in December.
Thursday, January 12, 2012
Fractal Analysis Suggests Massive Gold Rally Is Coming / Commodities / Gold and Silver 2012
By: Hubert_Moolman
Below, is a gold alert sent to my premium subscribers, on 5 January 2012. The patterns indicated, suggest that we will have a massive rally in gold over the coming months.
Below, is a graphic that compares the gold chart from 1998 to present, to that of 1975 to 1979.
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Thursday, January 12, 2012
Has the Central Fund of Canada Given Us Another Silver Buy Signal? / Commodities / Gold and Silver 2012
By: Adam_Brochert
I stumbled onto this little gem about a year ago and I think it is about to work its magic again. I am speaking of the ratio of the Central Fund of Canada (CEF) to the price of Gold. Please see the original blog post for an explanation of this CEF:Gold ratio.
Thursday, January 12, 2012
Silver Bubble Bursting Clarification / Commodities / Gold and Silver 2012
By: Willem_Weytjens
Two days ago, I wrote an article called “Did The Silver Bubble Burst?“. I got many emails from people saying that this is nonsense, and that I should look at fundamentals instead of Technical charts.
While that is partly true (trust me, I DO know that the fundamentals for both Gold and Silver have never been brighter), I think that one should not ignore the technicals either.
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Thursday, January 12, 2012
India: Land of Oil, Natural Gas Energy Opportunity / Commodities / India
By: Marin_Katusa
Marin Katusa, Casey Research writes: Quick, what country is the economic engine that will power world growth? If you answered "China," you're far from alone. But there's another country that deserves as much attention and better yet, is much friendlier to investment: India, home to 1.2 billion people. To electrify all those houses, power the industries that keep all those people employed, and fuel the vehicles that more and more Indians own, India's energy needs are shooting skyward.
Thursday, January 12, 2012
Eye on GLD Gold ETF / Commodities / Gold and Silver 2012
By: Mike_Paulenoff
The good news is that the SPDR Gold Shares (NYSE: GLD) has carved out an up-leg off of its Dec 29 low at 148.27 into today's high at 160.05 that exhibits very bullish form. This along with my 5.5-month cycle low last month argues that a significant correction has ended (Sep-Dec) and that a new bull phase has commenced.
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Thursday, January 12, 2012
Eric Sprott and Endeavour Silver: A Match Made in Heaven? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
Last year, Eric Sprott, legendary gold and silver investor and chairman of Sprott Inc., issued an open letter to 17 of the world’s largest silver producers. The letter was a call to action for silver producers to limit silver sales until prices increased. Sprott explained, “I have always liked silver because I look at the physical supply and demand metrics and they scream that silver should be higher. But the price is being kept down by paper silver traders who are abusing the market.”
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Thursday, January 12, 2012
China Gold Panic 2012 / Commodities / Gold and Silver 2012
By: Adrian_Ash
China's latest gold figures look unrelentingly bullish. Too bullish perhaps...
SO "GROWTH has [now] replaced inflation as Beijing's top policy concern," says Qu Hongbin, Asian economics expert at HSBC in Hong Kong, forecasting three cuts to China's banking reserve requirements by July.
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