Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, August 23, 2010
Economic "Water Torture" Coming to U.S, Bullish for Gold / Commodities / Gold and Silver 2010
Addicted to Profits Newsletter Writer David Skarica has an addiction that might just benefit you. David is addicted to making himself and his subscribers money. In this exclusive interview with The Gold Report, David predicts that the U.S. economy will decline very slowly, describing the process as "Chinese water torture." David says any precipitous market drop will be pre-empted by further quantitative easing. And this, he says, will be bullish for gold. He also names some companies that might help folks suffering David's sweet affliction.
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Monday, August 23, 2010
Gold Enters Strongest Period as Eurozone Debt Crisis Returns / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in wholesale dealing held flat Monday morning in London, easing down to $1226 an ounce as European stock markets rose but government bonds and traded commodities were also unchanged.
"The Federal Reserve has begun to play with fire, the effects of which I doubt Bernanke fully appreciates," writes John Hussman of the eponymous $6.3bn asset management group in the US, extending his Strategic Total Return Fund's exposure to precious metals to 10%.
Monday, August 23, 2010
Gold Marginally Lower in USD and Flat in EUR and CHF / Commodities / Gold and Silver 2010
Gold traded sideways in Asian trade, hovering near last week's close at $1,228/oz. There was a brief spike to $1,231.35/oz in early European trade prior to sharp and determined selling. Gold remained marginally higher until the London AM fix whereupon there was a further wave of selling which took prices down to $1,225.30/oz. Gold is lower in most currencies except the euro and the Swiss franc which are slightly weaker this morning (see Cross Currency Rates).
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Monday, August 23, 2010
Invest Now in Natural Gas, Coal and Heating Oil for January Cold Weather / Commodities / Energy Resources
Larry D. Spears writes: The irony about cold-weather investing is that the biggest profits come to those who position their money during the hottest months of the year - even during the record heatwave Americans have been experiencing this year.
In short, now's the time to start thinking about such winter-related topics as heating bills, and such cold-weather investments as natural gas, heating oil and coal.
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Monday, August 23, 2010
Crude Oil Prices Spiral Downwards as Economic Gloom Intensifies / Commodities / Crude Oil
Crude oil prices continued their downward spiral during the week as new data confirmed that U.S. economic growth is slowing.The benchmark West Texas Intermediate contract settled 2.6% lower for the week on Friday, at $73.46 a barrel compared to the $75.39 close a week ago, itself a decline of 7% from the previous week.
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Monday, August 23, 2010
Gold Autumn In New York / Commodities / Gold and Silver 2010
Being gold bug’s lots of fun.
We’ve got the bad guys on the run.
The autumn season does behoove
For price of gold to make its move.
Sunday, August 22, 2010
Gold Rally Tracing Bearish Wedge Pattern / Commodities / Gold and Silver 2010
Since its bottom in late July gold has been on an almost steady advance, day after day. However, this advance has traced an upward sloping wedge pattern on the charts and this pattern usually suggests a break to the down side ahead. That could come any day now.
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Saturday, August 21, 2010
Gold Topping and USD Bottoming or Vice Versa? / Commodities / Gold and Silver 2010
This week we have sent out several messages to our Subscribers regarding the current market situation. Now, the markets have calmed down for the weekend, and we are able to provide you with a report summarizing precious metals performance over the whole week, and - to some extent - provide you with our thoughts regarding gold's next move.
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Saturday, August 21, 2010
OECD Oil Consumption, Transportation, Emissions, Biofuels and Whiskey / Commodities / Crude Oil
A new report released by the Carbon Disclosure Project notes that globally, 98% of transportation runs on fuel made from oil. The transportation sector is responsible for almost 60% of oil consumption in OECD countries.
This heavy dependence on oil has resulted in the transportation sector generating 13% of total global emissions, compared to 26% from the power sector and 14% from agriculture (Fig. 1). And out of all the modes of transportation, road vehicles generate the lion's share of the transportation sector’s total contribution to CO2 emissions --approximately 80% (Fig. 2).
Friday, August 20, 2010
Inflationary Catalysts Pushing Gold Stocks Higher / Commodities / Gold & Silver Stocks
Portfolio Manager Joe Foster calls himself a "stock picker." And he's pretty good at it. Class A shareholders in Van Eck Global's International Investors Gold Fund have seen an average return of almost 25% for 10 straight years under his care. "I'm looking for the gold companies that are going to outperform the indexes, my peers and gold," Joe says. And he shares some of those companies with you, in this exclusive interview with The Gold Report.
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Friday, August 20, 2010
Gold Investors Surmounting the Coming Mega Financial and Economic Crises / Commodities / Gold and Silver 2010
“Is gold gearing up for new highs? Rapturous radical bugs say yes.
Wednesday may prove to have been a very important day in gold. Gold broke early in the day, but then the metal reversed, closing higher than Tuesday's high. For technicians, this amounts to an outside reversal.
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Friday, August 20, 2010
Silver Seasonal Big Autumn Rally / Commodities / Gold and Silver 2010
Silver has been drifting in a rather lackluster summer. Ever since surging to $19.50 in mid-May, this often-popular white metal has been grinding sideways to lower. By late July it had fallen over 10% to about $17.50. But despite silver’s recent excitement-bereft sojourn, it actually has excellent potential for a big autumn rally in the coming months.
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Friday, August 20, 2010
Investing Strategy and Long-term Potential for Natural Gas / Commodities / Natural Gas
Atticus Lowe, chief investment officer with West Coast Asset Management, is the kind of guy you would want making your investment decisions. He is coauthor of The Entrepreneurial Investor: The Art, Science and Business of Value Investing. In this exclusive interview with The Energy Report, Atticus discusses his value investing strategy. He also talks about the long-term potential of natural gas, questions shale gas production projections and offers a few names with oil exposure that he believes are not getting enough love from the markets.
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Friday, August 20, 2010
Gold Nears 1% Week-on-Week Gain as Stocks Fall, US Fed "Likely" to Extend Money-Creation / Commodities / Gold and Silver 2010
THE PRICE GOLD fell $10 an ounce from Thursday's new 7-week high in light wholesale dealing today, nearing the weekend 1% up from last Friday as world stock markets extended their drop.
Government debt prices rose, pushing two-year US yields down to new all-time lows as the Japanese Yen flirted again with a 15-year high to the Dollar.
Friday, August 20, 2010
Wheat Price Trend Analysis and Forecast / Commodities / Agricultural Commodities
Price action in Wheat was relatively subdued earlier this year, main interest being long term chart support that had continued to hold. Initial bull signals in July were quickly followed by an impressive surge higher, but a temporary retracement is now in process.
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Thursday, August 19, 2010
Disappointing US Jobs Number Sees Stocks and Dollar Fall While Gold Rises / Commodities / Gold and Silver 2010
Gold rose to new 6 week highs at $1,237/oz after the disappointing US jobs number heightened concerns about the health of the US economic recovery. The rise follows yesterday's recovery from initial falls and marginal higher close as safe haven buying trumped an initial bout of profit taking.
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Thursday, August 19, 2010
Gold Hits New 7-Week High as Ex-Hedger Barrick Forecasts Higher Prices to Come / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in London's wholesale market reached new 7-week highs for Dollar investors Thursday lunchtime, rising above $1234 an ounce as bond prices slipped and commodities held flat.
Silver prices were little changed around $18.50 an ounce, while Western stock markets cut an earlier 0.5% gain following worse-than-expected US jobless claims data.
Thursday, August 19, 2010
Silver Wheaton Call Options Move Up Today / Commodities / Gold and Silver 2010
As you know on the 29th May 2010 we purchased some Silver Wheaton (SLW) Call Options which are the September 2010 series, with a strike price of $21.00 and we paid $1.30 per contract for them. On Friday, 2nd July 2010 we decided to take advantage of a dip and so we doubled our position for a cost of $0.95, reducing our average price to $1.12. Having been under water for sometime its comes as a relief that today these contracts closed with the bid at $1.10 and the ask at $1.14.
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Thursday, August 19, 2010
BHP and Potash, Inflation, Stealing Calories From the Future / Commodities / Food Crisis
Hmm. Let's see. Last time BHP Billiton made a tilt at a high-profile, big money acquisition, the whole world went pear-shaped. As the statisticians say, correlation is not causation. But M&A activity seems to pick up when company directors have run out of other ways to increase earnings. It does not always work out well for shareholders. Case in point, BHP's shares are down today by 3.5%.Read full article... Read full article...
Thursday, August 19, 2010
Tin, an Overlooked Commodity / Commodities / Metals & Mining
I want to introduce you to one of the most overlooked metals in the commodity complex. On a price basis, it’s been a star performer. Yet it hasn’t attracted much attention.
That’s just the way I like it, though. It gives you a chance to examine the dynamics of the market without rushing. In this case, the dynamics are very strong. The supply side is constrained; a situation that almost always puts upward pressure on prices. The demand side is strong too, as the recent price action shows.