Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, December 21, 2010
Gold's 2011 Bullish Outlook as US at Risk of Joining Eurozone in Debt Crisis / Commodities / Gold and Silver 2011
By: GoldCore
Gold is up slightly after yesterday's 0.5% gain and appears to be consolidating just below $1400/oz. Gold is being supported by growing energy and food inflation and continued sovereign debt concerns. Recent days have seen the cost of insuring French debt rise to record levels and France's AAA rating is now at risk due to the spreading Eurozone debt contagion. Nor is the US immune to the debt crisis as many US cities are at risk of defaulting in 2011 (see news below). Gold may be anticipating problems in this regard in 2011 - as it has done in recent years.
Tuesday, December 21, 2010
Crude Oil, Natural Gas and the AMEX Oil Stocks Index Analysis and Forecast Update / Commodities / Crude Oil
By: David_Petch
The daily chart of oil is shown below, with upper Bollinger bands above the index, suggestive that a short-term top was put in place. Lower 21 and 34 MA Bollinger bands are in close proximity to each other and starting to rise, indicating 2-4 weeks of sideways to downward price action. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K above the %D in 1 and 2 and beneath the D in 3. The %K in stochastic 1 noticeably hooked down, further confirming 2-4 weeks of weakness in prices. The next level of support is at $83/barrel.
Monday, December 20, 2010
Gold Stocks Upside Greater than Gold Bullion Price / Commodities / Gold and Silver 2010
By: The_Gold_Report
Frequently prospecting for new mining companies in natural resource-rich nations, Rodman & Renshaw Senior Analyst Alka Singh is just back from Argentina. The Gold Report caught up with her to sift through her thoughts on the precious metals industry. Her current objective is to seek out gold and silver producers with growth potential beyond the price appreciation of commodity metals.
The Gold Report: You follow both precious and base metals for Rodman & Renshaw. From the lay investor's perspective, what's the difference? What are the value drivers in precious versus base metals that investors should know?
Monday, December 20, 2010
Fed Shortsighted QE Policy Fuels the Continuing Gold Price Rise / Commodities / Gold and Silver 2010
By: Michael_J_Kosares
“Washington doesn't agree on much these days, with one glaring exception: that the U.S. is facing a long-term fiscal crisis. The federal government's debt is now $13.8 trillion and is projected to hit $20 trillion by the end of the coming decade-when it will be the highest level as a share of the economy that the U.S. has seen in 50 years. In September the International Monetary Fund warned that the U.S. is moving dangerously close to a point at which spooked markets will send interest rates on new borrowing to devastatingly high levels. As it is, the government is on course to spend $1 trillion per year on interest costs alone-about a quarter of all federal spending. ‘We are accumulating debt burdens that will rival a third-world nation within 10 years,’ says David Walker, former chairman of the nonpartisan Congressional Budget Office. ‘Once you end up losing the confidence of the markets, things happen very suddenly-and very dramatically. We've seen that in Greece, we've seen it in Ireland, and we must not see it happen in the United States.’" - Michael Crowley, The New York Times
Monday, December 20, 2010
Why Gold is About To Power Higher to Complete a Big Rally / Commodities / Gold and Silver 2010
By: David_Banister
The gold bull has been moving in very reliable Elliott Wave and Fibonacci patterns for many years now, but once in awhile the waters get a little murky for sure. Recently we have seen a fair amount of volatility near year end as position squaring and year end machinations take hold. With that said, it does appear that Gold should be poised to power higher near term, and I’m looking for a completion to a 5 wave rally that began from about $1,040 per ounce in February of this year.Read full article... Read full article...
Monday, December 20, 2010
Obama Tax Cuts Will Push Investors Further to Gold / Commodities / Gold and Silver 2011
By: Rosanne_Lim
Starting January, American workers will start to see changes in their paychecks as the Social Security tax break that was signed into law last Friday takes effect. Workers normally allocate 6.2% of their wages to Social Security on the first $106,800. This will be reduced to 4.2%. The Social Security tax cut is just one part of the package that was passed. Additional measures include extending benefits for the long-term unemployed and passing a lower tax rate for inheritance above $10 million (from the proposed 45% to 35%).
Monday, December 20, 2010
Canadian Central Bank Votes for Gold / Commodities / Gold and Silver 2010
By: Fred_Sheehan
"...Bank of Canada Governor Mark Carney tried to calm everyone's nerves by declaring that gold 'has no role to play in the international monetary system.'" - Globe and Mail, November 12, 2010
Carney did not calm the nerves of Hans Merkelbach, investor, advisor, investor advocate, and watch dog of money manipulators, who wrote to the central banker from his office on Bowen Island, British Columbia. After quoting the above, Merkelbach rebuked Carney:
Monday, December 20, 2010
Gold and Silver Trend Line Targets / Commodities / Gold and Silver 2010
By: Howard_Katz
Right now commodities are where the action is in the financial markets. And the precious metals are where the action is in the commodities market. And silver is where the action is (for the time being) in the precious metals markets.
Silver can be described as gold’s little brother. It lags along behind gold, underperforming for a long time. Then, all of a sudden, it comes to life, makes up all of its underperformance and goes on to exceed gold to the upside.
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Sunday, December 19, 2010
Gold and Silver Investing Facts That Can Make You Rich / Commodities / Gold and Silver 2010
By: Sean_Brodrick
The year is drawing to a close, so it’s good to look at four important developments in precious metals you may have missed in 2010. You don’t want to miss these four because they can make you rich.
Let’s get started …
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Sunday, December 19, 2010
GDXJ Gold Stocks ETF Investment Is a Snow Job / Commodities / Gold & Silver Stocks
By: DailyWealth
Folks looking to make a fortune in small gold stocks need to be careful: There's a right way to do it... and there are a lot of wrong ways to do it.
One of the wrong ways to do it is by owning one of the world's most popular ETFs right now. The symbol is GDXJ. It goes by the name "Market Vectors Junior Mining Fund." And that name is a snow job.
Sunday, December 19, 2010
Water, Energy Stage Daring Economic High-Wire Act / Commodities / Renewable Energy
By: Barry_Elias
Good news: The United States has doubled its renewable-energy production (nominally and percentagewise) during the past 13 years, according to the United States Energy Information Association (EIA).
Or is it?
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Saturday, December 18, 2010
3 Things to Watch As Silver Season Ends / Commodities / Gold and Silver 2010
By: Dr_Jeff_Lewis
Silver season is coming quickly to a close after one of the best five month rallies in silver history. From mid-August to early December, silver managed to rise more than 66% from top to bottom, a sign of silver's strength against what is normally a positive, but not nearly as pronounced, rise in silver prices. In moving forward, there are three main events on which silver investors need to focus.
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Saturday, December 18, 2010
Where Will the Next Cardium Oil Opportunity Be? / Commodities / Crude Oil
By: Keith_Schaefer
The Experts Weigh In: The 2011 Outlook for the Cardium Oil FormationPART II – what did we learn in 2010 and where is the next Cardium?
Improving economics, higher oil prices and exploration that pushes the boundaries are three factors that could create even higher valuations in the Cardium play, industry executives say.
Read full article... Read full article...
Saturday, December 18, 2010
Rare Earth Metals Supply Hysteria / Commodities / Metals & Mining
By: The_Gold_Report
China's domination of the rare earth industry has led to very real fears about the future supply of these strategic metals that are used in all things technological—from electric car batteries, laptops and cell phones all the way to smart bombs. As one of the foremost experts in rare earth elements (REEs), Bill understands the implications of future supply shortfalls. In this exclusive interview with The Gold Report, the head of Vancouver-based Medallion Resources Ltd., explains the supply bottleneck and how his company is working to solve it.
Friday, December 17, 2010
Gold Stocks in a Failing Fiat Currency U.S. Dollar / Commodities / Gold & Silver Stocks
By: David_Galland
David Galland, Managing Director, Casey Research writes: As the U.S. dollar takes a nosedive and precious metals gain more and more attention from individual investors, the number of questions and concerns is increasing as well. The following reader email addressed to Casey Research is representative of so many inquiries that we decided to provide an in-depth response that may prove instructional to others as well.
Friday, December 17, 2010
Gold Is In Hot Water / Commodities / Gold and Silver 2010
By: J_W_Jones
Life has a funny way of reminding a person that he is not really in control of what is going on around him. While he may be proficient in a few specific areas, his overall knowledge is limited. Last night my hot water heater decided to go on vacation and I thought I'd try to be a real man and fix it. I have a general knowledge of how a hot water heater works, but it dawned on me that knowing how it works and fixing it are two totally separate things.
Friday, December 17, 2010
Silver Gold Ratio Reversion to the Mean / Commodities / Gold and Silver 2011
By: Zeal_LLC
Silver has been a rock-star in recent months, rocketing higher to dazzling gains. After such a blistering near-vertical ascent, technicians understandably fear this metal has become wildly overbought. Nevertheless, an alternative perspective on silver’s recent levels counters its extreme technicals. Compared to gold, its primary driver, silver actually looks reasonably-priced today.
Friday, December 17, 2010
Outlook for Gold and Silver During 2011, Will the Rally Continue? / Commodities / Gold and Silver 2011
By: Przemyslaw_Radomski
Gold has gained 26% this year, putting it on track for its third double-digit gain of the last four years. To chart gold’s price movements since 2000 take a piece of paper and draw an outline of an imaginary mountain slope (think Everest) with a few footholds to rest on the steep way up. There is still a long way up before you can plant the flag at the top.
Friday, December 17, 2010
Gold Allocation Likely to Rise For Next 10 Years / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD slipped but held above yesterday's two-week low in London dealing on Friday morning, giving back half of Asia's 1% rally against the Dollar as the US currency rose for the fourth day running on the forex market.
Global stock markets ticked lower, as did broad commodity prices.
Friday, December 17, 2010
Gold Price Supported in 2011 by Concerns About Currencies and Government Bonds / Commodities / Gold and Silver 2010
By: GoldCore
Gold's recent correction continued yesterday but it has risen today as the dollar has fallen. Gold is up in most currencies this morning except in euro terms as the euro has seen a relief rally on the outcome of the EU agreement to create a post-1913 crisis tool. Fundamental disagreements remain though and the agreement may not be enough to stop the debt crisis from deepening with many analysts pinpointing the first quarter of 2011 as a high risk period.