Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, September 09, 2010
Gold and Silver and Stocks Technical Price Target Forecasts / Commodities / Gold and Silver 2010
The precious metals sector is at an important juncture. Let’s take a look at the potential upside targets.
First lets start with Gold. Gold has formed a bullish cup and handle pattern, which is more bullish than usual due to the handle being formed at a higher level than usual. The pattern projects to $1450. Initial support is $1235-$1240 followed by $1225.
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Thursday, September 09, 2010
Gold to be Boosted By President Obama's Election Policies / Commodities / Gold and Silver 2010
What do politics have to do with precious metals? A lot, according to Brien Lundin, who writes Gold Newsletter. In this exclusive interview with The Gold Report, Brien reveals how the November elections will be pivotal to gold and why President Obama's policies could provide a big boost to the yellow metal. He also shares some of his favorite producers in the sector.
The Gold Report: Recent reports are signaling that consumer confidence and sentiment are up and that the balance sheets of U.S. corporations are stronger. Yet, gold is going up at the same time. What's happening with the gold market right now?
Wednesday, September 08, 2010
Gold September Trend Forecast For Huge Rally Following Mid Month Low / Commodities / Gold and Silver 2010
Like the song says - See you in September - the ninth month has notoriously been the strongest calendar month for gold. Rather than accept this blindly as Gospel Truth, we have decided to delve into this in detail to see what factors could be used to explain this phenomenon. After all, statistics can sometimes be misleading, for instance if someone owns a dog that does not mean that they both on average have three legs.
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Wednesday, September 08, 2010
Gold Pauses Near Record High Whilst Silver Breaks Above $20 / Commodities / Gold and Silver 2010
THE PRICE OF GOLD peaked within 0.4% of June's all-time high for Dollar investors on Wednesday morning, before slipping $7 an ounce from $1262 at the start of Wall Street trading.
European stock markets rallied from an earlier drop, but Asian stock markets extended yesterday's loss, holding the MSCI World Index one-third below its peak of autumn 2007.
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Wednesday, September 08, 2010
Three Ways to Profit From Silver's Looming Bull Market Breakout / Commodities / Gold and Silver 2010
JACK BARNES writes: It's the last major commodity to enjoy a true price breakout, and it's already doing so in a foreign currency.
This commodity has yet to break out in U.S. dollar terms, although its breakout in India is a signal that it's time for U.S. investors to make their move.
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Wednesday, September 08, 2010
Gold Strong in All Currencies, a Whisker from New Intra Day Record Dollar High / Commodities / Gold and Silver 2010
Gold rose again yesterday and had a new record daily high close (nominal) as renewed concerns about European banks and sovereigns led to a flight to the relative safety of US Treasuries, German bunds, the yen and the Swiss franc. Gold also rose in yen and Swiss franc terms yesterday showing that it is increasingly trading as a currency rather than a commodity. Gold surged in the euro and is again challenging the €1,000/oz level.
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Wednesday, September 08, 2010
Recession, Depression, or Recovery, Gold Continues to Boom / Commodities / Gold and Silver 2010
As gold nears new all-time highs, a minority of investors is in it, more are waiting for a dip, and most will miss out on it altogether. Well, until the top when everyone will be herding into it.
The case for gold is a simple one. But today we’ll look at why the gold boom has much more room to run and how historical evidence shows there isn’t much time to “weight” to get in.
Wednesday, September 08, 2010
How Much is Too Much for Gold-in-the-Ground? / Commodities / Gold and Silver 2010
This year's bumper gold-mining deals come as big discoveries have gone missing in gold...
WHATEVER'S LURKING in Andean Resource's data room – opened to suitors for two years, but now closed after GoldCorp trumped Eldorado's US$3.3bn bid – it must be pretty spectacular.
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Wednesday, September 08, 2010
Central Banks Coded Messages to Buy More Gold / Commodities / Gold and Silver 2010
Bloomberg.com had the headline "Bank of Korea 'Under Pressure' to Boost Gold Holdings, Shinhan's Oh Says," which was perfectly understandable, although I have no idea what "Shinhan's Oh Says" means.
I suspect that Shinhan is some guy who just found out that purposely not buying gold is a really stupid idea, and who, upon realization of his rookie-like mistake, said, "Oh!"
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Tuesday, September 07, 2010
Silver Remains Technically Strong / Commodities / Gold and Silver 2010
The iShares Silver Trust ETF (NYSE: SLV) continues to act well. The series of higher highs and higher lows off of the August 24 low at 17.39 continues today, with the SLV making new rally highs at 19.58. Let's also notice that the SLV has experienced two intraday sell-offs -- to 19.23 early this morning, which preserved Friday's pullback low at 19.07, and again later this morning to 19.30, which held 7 cents above the earlier low.
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Tuesday, September 07, 2010
What Will Happen to Gold in a Very Slow Economic Recovery? / Commodities / Gold and Silver 2010
The Present Situation - The 'better-than-expected' poor employment figures of last week were generally taken as a sign that the recovery is there, but L-shaped with a slightly rising bias. The new stimuli from government will be positive and hitting where they should. Tax breaks on new equipment and infrastructural development tastes the same as digging holes and filling them in did in the 1930's. We have to wait and see if the economy will respond. We sincerely hope it will. But do investors even in the U.S. believe that a recovery will see a fall in the gold price? We think not! Read full article... Read full article...
Tuesday, September 07, 2010
Gold Steals Silver's Limelight / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in wholesale dealing held in a tight range around last week's close as New York re-opened after the Labor Day holiday on Tuesday, trading at $1247 an ounce while European stock markets fell and government bonds rose.
Silver fell almost 2% from Monday's breach of $20 an ounce – a 30-month high previously hit in Nov. 1980.
Tuesday, September 07, 2010
Obama Plus Bernanke Equals A Higher Gold Price / Commodities / Gold and Silver 2010
Investors are starting to realize that gold is a storehouse of value and a safe haven in times of turmoil. Gold’s price has risen because of the abuse and mismanagement of our monetary and currency systems - throughout history, gold has always shone the brightest when trust breaks down, confidence falls and fear climbs.
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Monday, September 06, 2010
Crude Oil prices buffeted in narrow range but end week little changed / Commodities / Crude Oil
Oil prices continued to move basically sideways as bullish and bearish news buffeted prices up and down in a narrow range.
The benchmark West Texas Intermediate futures contract settled Friday at $74.60 a barrel, off its lows for the day, and slightly lower than the $75.17 close a week earlier.
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Monday, September 06, 2010
Gold at $1250, Silver Nears $20/Oz / Commodities / Gold and Silver 2010
THE PRICE OF GOLD rose back above $1250 an ounce for Dollar investors on Monday in what dealers called "quiet" Asian and early London trade, while European stock markets also ticked higher together with government bonds.
Silver prices came within one cent of $20 per ounce, extending last week's 30-month highs.
Monday, September 06, 2010
Gold and Silver Maintain Upward Momentum and Challenge Resistance / Commodities / Gold and Silver 2010
Last week's early September relief rally continued this morning as equities have risen again in Asia and Europe. Gold is one of the strongest currencies in the world this morning, along with the yen. While the dollar is flat, sterling has fallen sharply against all currencies on UK economy concerns and gold in sterling terms has risen from £806/oz to £811.20/oz (see Cross Currency Table).
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Sunday, September 05, 2010
The One Thing That Could Tank Gold Prices / Commodities / Gold and Silver 2010
As I dug deeper into the inner workings of the economy I became convinced that most of it was – like the housing industry – a house of cards.
Diversification for me boiled down to just a few things that I can have faith in. I'm not alone in this camp, I've heard Eric Sprott speak about this as well.
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Sunday, September 05, 2010
Gold Continues to Climb Higher, Where Next? / Commodities / Gold and Silver 2010
Gold continues to climb. It’s not exuberant and it’s not exciting but it keeps on climbing. It’s at a point where one would expect a serious reaction or a new explosion on the up side. Which will it be?
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Sunday, September 05, 2010
Gold Continuing Rally or Inevitable Correction? / Commodities / Gold and Silver 2010
"The European Union is dying – not a dramatic or sudden death, but one so slow and steady that we may look across the Atlantic one day soon and realize that the project of European integration that we've taken for granted over the past half-century is no more."
With these dramatic words begins a eulogy of the European Union in a Washington Post article.
Saturday, September 04, 2010
Today’s Most Important Price Points in Gold Update / Commodities / Gold and Silver 2010
On April 30th of this year I wrote an article entitled "Today's Most Important Price Points in Gold." This is a follow up to that article. Before presenting an updated version, there are a few key points worth review. Feel free to Google the report or check this websites archives: (At some sites it was called "The most important price point in gold." In the April article we wrote:
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