Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, June 15, 2010
Will Afghanistan’s Commodities Mineral Wealth Bring the Nation’s Rebirth? / Commodities / Afghanistan
Jason Simpkins writes: Overnight, Afghanistan has gone from being a political pariah to one of the most significant, and potentially richest, countries on the globe. But can the rocky, war-torn desert - known mostly for harboring terrorists and exporting opium - be reborn as a major commodities exporter?
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Tuesday, June 15, 2010
Gold Trades in Tight Range as Silver Outperforms / Commodities / Gold and Silver 2010
Gold fell $5.40 in US trading yesterday to close at $1,222.70/oz and fell to €999.00/oz as the euro strengthened against the dollar. Gold has traded in a very tight range between $1,220/oz and $1,225/oz in Asian and early European trading. Silver rose yesterday and has is outperforming gold again today.
Gold is currently trading at $1,222/oz and in euro, GBP, CHF, and JPY terms, trading at €997/oz, £827/oz, CHF 1,394/oz, JPY 111,635/oz respectively.
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Tuesday, June 15, 2010
Gold Price Trend Update / Commodities / Gold and Silver 2010
As we mentioned recently the dollar may well have run its course for now having been the main beneficiary of the perils that have swamped the euro. This chart shows the US Dollar gradually heading south over this three day snap shot. Once the heat comes off the Euro the dollar will be next to go under pressure as the fundamentals look none too rosy
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Monday, June 14, 2010
Investing in the Hydroelectric Renewable Energy Revolution / Commodities / Renewable Energy
By Marin Katusa, Chief Investment Strategist, Casey Research Energy team: Two years ago, British Columbia’s premier electric utility company, BC Hydro, issued its “Clean Power Call” – a bid for the province to achieve electric self-sufficiency through renewable energy by 2016. That aggressive goal sparked an intense competition. Renewable energy companies of all stripes were jostling each other to prove that their project was the best, and to win a coveted Electricity Purchase Agreement (EPA).
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Monday, June 14, 2010
Gold and Commodities Technical Charts Analysis / Commodities / Commodities Trading
"Throughout history, it has been the inaction of those who could have acted; the indifference of those who should have known better; the silence of the voice of justice when it mattered most; that has made it possible for evil to triumph"- Haile Selassie
There are some things that only a politician could dream up. The State of New York, in its infinite wisdom, needed to make a US $6 billion payment to their employee’s pension fund. Since the State doesn’t have the money, and no one is willing to buy their debt, lawmakers voted to allow the State and municipalities to borrow US $6 billion from the same pension fund in order to pay their obligations! If you wanted to have budget cuts, simply withhold all the wages for the politicians until they come up with a real solution!
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Monday, June 14, 2010
Bill Gates and the Energy Research Dilemma / Commodities / Energy Resources
There is an idea that has been around for a long time, at least since the fall of 1973: All that stands between the United States and an abundant energy future is a lack of spending on research and development. It is as though the Knights Templar could find the Holy Grail, if only the Pope would commit just a few more resources to the hunt.Read full article... Read full article...
Monday, June 14, 2010
Japanese Candlesticks and The Gold Market / Commodities / Gold and Silver 2010
How Japanese candlestick charts can help you in the gold market
I have just finished a short video on the spot gold market using Japanese candlestick charts. In this new video I show you some important elements that you would not necessarily see using traditional Western charts.
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Monday, June 14, 2010
Gold Trading "Hits Summer Lull" But Dollar-Price "Bull Trend Intact" / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in wholesale trading edged lower as the US Dollar also slipped early Monday in London, reversing a 0.5% rise in Asian trade as world stock markets rose with commodity prices.
Crude oil rose sharply to $75 per barrel. Major-economy government bonds fell in price, pushing 10-year interest rates above 3.25% on US Treasuries.
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Monday, June 14, 2010
Gold Set for New Record Highs / Commodities / Gold and Silver 2010
Gold rallied on the open in Asia and has maintained those gains in early trading in Europe as the dollar has. Last week's all time higher weekly close was important technically and means that gold's technicals remain strong after its recent weekly and monthly (May) higher closes. Indeed, momentum traders and those making "the trend their friend" could push gold to new (nominal) highs in the coming days.
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Monday, June 14, 2010
Gold Bugs All Aboard the Last Train For The Coast / Commodities / Gold and Silver 2010
All aboard, dear gold bugs. The train is slowly picking up speed and is leaving the station. It is your last chance to get aboard at a price reasonably close to $1,000/oz. Now you may not agree that $1,250 is reasonably close to $1,000, but when you see gold at $3,000, then you will agree. From the vantage of $3,000, then $1,000, $1,250 no big deal. The point is to be long of gold.
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Sunday, June 13, 2010
Bernanke’s Bind: One Chart Reveals Gold’s Next Move / Commodities / Gold and Silver 2010
“I don’t fully understand movements in the gold price…”That’s what Fed Chairman Ben Bernanke admitted this week. But if he were to look at what’s actually going on and every move he has made since 2008, he would understand the price of gold and see where it’s going next.
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Sunday, June 13, 2010
Gulf Oil Spill Could Spark Agri-Food's Wheat Commodity Ethanol Demand / Commodities / Agricultural Commodities
Many people would feel rich with a $1,000 in their wallet. But, it might really depend where one was. In New York City or London, a thousand dollars does not go very far. However, if one was in Uruguay, that grand might be meaningful wealth. True value of what one has in hand of anything, be it money or wheat, depends on how much of it one will consume each day.
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Sunday, June 13, 2010
Gold Going to Parabolic Top of $10,000 by 2012 For Good Reasons / Commodities / Gold and Silver 2010
No wishful thinking here! As I see it gold is going to a parabolic top of $10,000 by 2012 for very good reasons - sovereign debt defaults, bankruptcies of “too big to fail” banks and other financial entities, currency inflation and devaluations - which will all contribute to rampant price inflation.
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Sunday, June 13, 2010
Gold New High Was Not Decisive / Commodities / Gold and Silver 2010
The week started out well but didn’t finish as such. Although gold made new highs it was not decisive. Should gold drop below the $1216 mark we might be in for more downside but if it closes above the $1250 level then the bull is expected to continue.
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Saturday, June 12, 2010
Crude Oil Stocks Sector Buy Signal / Commodities / Oil Companies
It's time to lean over and pick up the cash... again.
The last time this happened, I gave my Advanced Income readers three trades. We earned 25%, 27%, and 30% in just one week.
Saturday, June 12, 2010
Crude Oil Price Rally Stumbles On Negative Economic News / Commodities / Crude Oil
After clawing its way back above $75 a barrel on Thursday for the first time in four weeks, the benchmark oil futures contract fell back again on Friday on news of an unexpected decline in retail sales in the U.S.The end-of-week decline showed how feeble the rally was and how sensitive oil prices remain to economic news.
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Saturday, June 12, 2010
Despite Poor Retail Sales, Crude Oil Prices Near $75 / Commodities / Crude Oil
US retail sales dropped by the largest amount in eight months according to the May numbers released Friday (June 11) morning. This puts a bit of a brief damper on more upbeat economic news of late that has help keep oil prices propped up in the mid-$70s.
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Friday, June 11, 2010
Buy Gold Bullion, Royalties and Juniors / Commodities / Gold and Silver 2010
Chairman and CEO of his namesake company, Adrian Day Asset Management and Author of the Adrian Day's Global Analyst newsletter, Adrian Day is frequent contributor to The Gold Report because he never fails to deliver keen market insight or offer ways to safely grow your money—typically through value investing. Many of his firm's biggest holdings involve gold, where he sees plenty of opportunities in light of current market trends. Adrian holds bullion and "loves" gold royalties. But if you're not into royalties, he also offers promising names in the junior gold space in this exclusive interview.
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Friday, June 11, 2010
Gold Major Top? / Commodities / Gold and Silver 2010
In our previous essay we have emphasized the importance of the analysis of the Euro Index, while evaluating recent performance of gold. We have also featured a gold chart that included a resistance level which gold has just approached. Since that was the case, you might be wondering if the final top is in or not. Consequently, this essay is going to feature the updated version of the previous gold chart (charts courtesy by http://stockcharts.com), with an additional important factor - areas marked on the below chart with blue ellipses.
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Friday, June 11, 2010
Great Divide Developing in U.S. Natural Gas / Commodities / Natural Gas
Bentek Energy managing director Rusty Braziel sees a great divide developing in U.S. natural gas.Bentek are one of the leaders in tracking and analyzing American gas pipeline flows. Where gas is flowing, who's using it, and at what price.
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