Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, June 16, 2010
What the End of the Oil Age Looks Like / Commodities / Crude Oil
Richard Heinberg writes: Following the failure of the latest efforts to plug the gushing leak from BP’s Deepwater Horizon oil well in the Gulf of Mexico, and amid warnings that oil could continue to flow for another two months or more, perhaps it’s a good time to step back a moment mentally and look at the bigger picture—the context of our human history of resource extraction—to see how current events reveal deeper trends that will have even greater and longer-lasting significance.
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Tuesday, June 15, 2010
Recent Volatility in Gold Silver and Metals is Nothing to Fear / Commodities / Gold and Silver 2010
Recently, the metals markets have become far more volatile, often rising and falling upwards of three to four percentage points in just one day. That volatility, however, is nothing you should fear. In fact, it’s mostly due to the extreme attention being paid to the metals markets.
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Tuesday, June 15, 2010
Private Currencies Give Metals Investors Hope / Commodities / Gold and Silver 2010
Metals investors enter the business for usually one reason: to protect their money against inflation. Obviously this wouldn't be a goal if currencies weren't generally inflated into oblivion, or if the history of the fiat currency could give investors any hope that inflation wouldn't happen.
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Tuesday, June 15, 2010
Crude Oil Technical Take Video / Commodities / Crude Oil
The talk of the day is crude oil
Whether it is the spill in the Gulf, which continues unabated, or talk on Capitol Hill, the subject is crude oil.
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Tuesday, June 15, 2010
The “Richest” Natural Gas Stocks Now Made Public / Commodities / Natural Gas
A group of natural gas producers in North America are discovering the secret sauce to profits, and as a result many of them are outperforming their peers.
It’s called “wet gas” or “liquid rich gas” or “natural gas liquids” or “NGL”, but any way you spell it, you get better cash flow than just regular “dry” gas. (Dry gas is methane.)
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Tuesday, June 15, 2010
End Game, Gold Investors Will be Destroyed / Commodities / Gold and Silver 2010
Trail of tears and broken dreams (delusions) lies ahead...
Gold will go very high in fiat value, that is not the problem.
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Tuesday, June 15, 2010
Growing Bullish Psychology for Gold GLD ETF / Commodities / Gold and Silver 2010
Gold and the SPDR Gold Trust (NYSE: GLD) act very well today, in sympathy with the upward pressure on the stock indices, as well as because the dollar is considerably weaker.
I cannot help but think that also playing into today's mix is the WSJ article about the Fed reviewing its options if the economy weakens "again." From a gold bug's perspective, I have to think that the prospect of ZERO or NEGATIVE interest rates for an indefinite time period, coupled with THE DESIRE by the world's institutions to "create inflationary expectations" in a grand effort to avert a deflationary spiral, have to be underpinning a growing bullish psychology for gold.
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Tuesday, June 15, 2010
Gold Holds Below €1000 But "Risk Trade" Revived by Greek Downgrade, Spanish Bank Warning / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE BULLION for Dollar investor wanting to buy gold early Tuesday edged up to $1226 an ounce as stocks, commodities and currencies were also little changed.
Asian stock markets ended the day flat. European equities crept higher as the Euro ticked towards Monday's two-week high just below $1.23.
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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