Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, January 19, 2011
Bullish on UltraShort Oil & Gas ETF DUG / Commodities / Crude Oil
By: Mike_Paulenoff
Today's new low -- and upside reversal -- in the ProShares UltraShort Oil & Gas ETF (NYSE: DUG) has the right pattern "look" and the necessary acute oversold conditions reflective of a seriously overbought oil and gas equity sector in the S&P 500 -- and one that is overdue for a meaningful bout of profit-taking.
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Wednesday, January 19, 2011
Silver Up as US Mint Reports January Eagle Sales Reach Record High / Commodities / Gold and Silver 2011
By: GoldCore
Gold is slightly higher in the US dollar and other major currencies. Spot silver has given up early gains but the futures market has seen longer term contracts fall more in price so that while spot is up $0.09 to $28.96/oz, the July 11 contract is only trading up $0.01 to $29.00 and and the December 11 contract has fallen by $0.084 to $29.01.
The dollar has fallen to 78.42 on the US Dollar Index and is looking technically vulnerable of falling to long term support at 76.0.
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Wednesday, January 19, 2011
Gold Facing Important Test / Commodities / Gold and Silver 2011
By: Marty_Chenard
An important test level for Gold ...
You know that I don't cover Gold, but many of our readers liked the last Gold update ... so, I will post another one today.
Bottom line: The chart below explains what is going on. If you look at our zero based RSI reading, it is now below a support level and slightly negative. That represents a negative bias.
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Wednesday, January 19, 2011
Gold "Readmitted as Prudent" Investment, Gains vs. Falling Dollar / Commodities / Gold and Silver 2011
By: Adrian_Ash
WHOLESALE PRICES for gold bullion rose versus the US Dollar in Asia and London trade on Wednesday, recovering almost one-third of this year's 4.5% loss but holding flat once again vs. other major currencies.
European stock markets ticked lower, while government bonds and commodities both rose.
Wednesday, January 19, 2011
Crude Oil on Launch Pad Culd Rise by 50% / Commodities / Crude Oil
By: Guy_Lerner
Whether it is due to increasing demand (unlikely) or too much money chasing too few assets (likely), crude oil is on a launching pad that could lead to a 50% plus gain.
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Wednesday, January 19, 2011
Gold Will Seize The Day / Commodities / Gold and Silver 2011
By: Anthony_J_Stills
Monday was a holiday in the United States, Martin Luther King’s birthday, and I thought it would be appropriate to review some of what the man had to say. The first is an excerpt from his famous “I Have a Dream” speech:
Tuesday, January 18, 2011
Cheaper Dollar Will Open Door For Chinese Investments In North American Natural Resource Companies / Commodities / Metals & Mining
By: Jeb_Handwerger
On January 18th and 19th, the top officials of the two most powerful nations on Earth are to meet in matters of far reaching significance. There will be not one but two dinners. One is to be a grand dinner of state with all of the military and business leaders of both sides in attendance. The other is to be an “intimate” dinner. Oh, to be a fly on the wall of that private meeting.
Tuesday, January 18, 2011
Silver Bar Shortages to Lead to Price "Tipping Point"? / Commodities / Gold and Silver 2011
By: GoldCore
Gold is mixed while silver is higher in all currencies today, especially in the weaker US dollar. European sovereign bond yields are higher and the UK 10-year has risen to 3.66% and is close to breaking out after inflation figures surprised the majority of analysts who remain complacent about inflation.
Tuesday, January 18, 2011
Gold & Silver Find "Massive Demand" from Private Investors / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE PRICE OF GOLD and silver bullion prices rose together with all major currencies on Tuesday morning vs. the Dollar, erasing last week's losses for US investors as European stock markets gained more than 1%.
Asian bullion dealers reported "continued physical demand" in both gold and platinum.
Tuesday, January 18, 2011
Gold Stocks: Stick with Juniors and Avoid Large Caps / Commodities / Gold and Silver 2011
By: Jordan_Roy_Byrne
In covering the gold sector for my premium subscribers, I have noticed something lately. The large-caps really suck! Ok, that is harsh but it is the truth.
In the chart below I show large-cap indices. What do you see?
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Tuesday, January 18, 2011
Winter White Gold Sale in the Yukon / Commodities / Gold & Silver Stocks
By: The_Gold_Report
What do tigers, fancy coffee drinks and an Egyptian god have in common? According to Eric Coffin, coeditor of the Hard Rock Analyst (HRA) family of publications, they all are individual opportunities in the larger area play he sees opening up in the Yukon.
The Gold Report: You and your brother David will be making online presentations for The Yukon Room, an online investment conference focusing on the Yukon—perhaps the hottest area for gold exploration. What do you plan to discuss?
Monday, January 17, 2011
Has Gold Topped Out? Nope, You Ain’t Seen Nothing, Yet! / Commodities / Gold and Silver 2011
By: Lorimer_Wilson
Goldrunner writes: A Gold Bull Market is much like a bucking bronco in the Old West – constantly trying to buck investors out of the saddle – as many in the Precious Metals universe are calling an intermediate-term top for Gold. Some are even suggesting that we have seen the final top in this Historic Gold Bull. We have a completely different view maintaining that we are very close to the juncture where Gold starts another rip higher into May or June. Let me explain. Read full article... Read full article...
Monday, January 17, 2011
Panic Before the Herd and Win-Win with Silver! / Commodities / Gold and Silver 2011
By: Lorimer_Wilson
Jerry Western with Lorimer Wilson write : A win-win situation, as we all know, occurs when opposing parties both gain from a certain outcome. Perhaps both don't always get all that they want but both 'win' something in the bargain. It's the best outcome that can be expected for both parties. With silver there is a lose-lose and a win-win scenario.
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Monday, January 17, 2011
How the Cartels Ensure Diamonds Last Forever / Commodities / Market Manipulation
By: MISES
Sreevathsa Karanam writes: Diamonds are considered a unique resource because the price level is always on the increase without any big swings, unlike other commodities, such as gold, whose prices fluctuate (sometimes violently) in the market.
Monday, January 17, 2011
Gold Speculation Hits Multi-Month Lows, "Correction May Last Longer" Says Faber / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE PRICE OF GOLD bounced vs. the Dollar in London on Monday morning, trading unchanged from Friday's 8-week closing low at $1361 per ounce as European stock markets and commodities also held flat.
With New York closed for Martin Luther King Day, US Treasury bonds were unchanged but the Dollar whipped around $1.33 to the Euro.
Monday, January 17, 2011
Crude Oil Finally Clears Last Year’s High / Commodities / Crude Oil
By: Seven_Days_Ahead
After a pullback in 2010 found support from the 38.2% retracement the ensuing recovery returned to the area of the May high, but seemed temporarily reluctant to push decisively through. This is now happening though.
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Sunday, January 16, 2011
Gold Bull Market … Far From Over / Commodities / Gold and Silver 2011
By: Tony_Caldaro
The bull market in Gold is entering its tenth consecutive year of a long term uptrend. In the entire history of the US stock market, 1885 – 2011, there has only been one long term uptrend that was longer. The thirteen year, 1987 – 2000, long term uptrend that led to the dotcom bubble in the late 1990′s. For many, this type of bull market in Gold will be a once in a lifetime event.
Sunday, January 16, 2011
Russia and Belarus Fight Over Oil Prices Again / Commodities / Crude Oil
By: Pravda
Russia suspended oil shipments to Belarus on January 1 after the two sides failed to sign adequate agreements. The two countries can not come to a compromise regarding the prices. Oil transit to Europe via Belarus has not been interrupted.
"We are discussing price determination issues with Russian suppliers," Maria Kostyuchenko, the press secretary of Belarus's Belneftekhim stated. "We hope that the shipments will be resumed in January," she added saying that the oil reserves at Belarusian oil refineries would guarantee normal work before February.
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Sunday, January 16, 2011
Is JPM Covering Up a Naked Silver Short Held By China As a Claim Against the Yanks? / Commodities / Gold and Silver 2011
By: Jesse
I freely admit that I have no inside knowledge of what is happening behind the scenes in the metals markets. But I do have a sense that things just do not seem to make sense, and the facts do not appear to fit the situation without some stretching.
And this is one of those cases where my curiosity gets piqued. And so this seemed to be of interest to me as it might be to you.
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Sunday, January 16, 2011
Gold Hits Lowest Close in Two Months / Commodities / Gold and Silver 2011
By: Merv_Burak
Gold has hit its lowest closing level (but not yet its intra-day level) in almost two months. The intermediate term momentum indicator is at its lowest level since early August. The price action seems to be developing a weaker and weaker strength, not usually a good sign.
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