Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, May 20, 2010
Gold, Crude Oil, U.S. Dollar and SP500 Technical Trading Report / Commodities / Gold and Silver 2010
It has been an interesting week in the market as stocks and commodities push to extreme support levels. Below I have posted some charts showing where the market is currently trading at and what I think is likely to unfold.
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Thursday, May 20, 2010
The GeoThermal Option for the Economic Recovery of Iceland / Commodities / Renewable Energy
Geographical Situation. Iceland has a geographical unique location on the collision/edge of two huge tectonic plates: the European and the North American. Due to this the nuclear fusion driven endless heath of the earth core ‘has a hot fold to the earth’s surface’ in Iceland. This creates possibilities to harvest geothermal on the low height parts of the fault. The tectonic fault is a line from north to south on Iceland. Iceland also is surrounded by the high seas, which can deliver abundant water need for the geothermal energy harvesting process.Read full article... Read full article...
Thursday, May 20, 2010
Gold, Silver Market Manipulation, CFTC Aftershocks / Commodities / Market Manipulation
On March 25, fifteen individuals selected by the US Commodity Futures Trading Commission (CFTC) testified to that body on proposed position limits for the precious metals markets. One big surprise was the inclusion of Bill Murphy, Chairman of the Gold Anti-Trust Action Committee (GATA). Although his organization has been blacklisted by the mainstream American media, he was able to enter some of GATA’s eleven years of research into the public record. Although only allowed to speak for a few minutes, Murphy’s testimony covered territory ranging from the “strong dollar” policy, the lack of transparency from the Federal Reserve on gold swaps, and the CFTC’s own stalled silver market investigation.
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Thursday, May 20, 2010
Resources Investors, Don't Get Hung Up on Negative Mainstream Press Headlines / Commodities / Resources Investing
One of the first things mainstream journalists in Western media learn is how to tease angles out of stories that play on fear, scandal and disaster. Good news is no news. Bad news sells. If it bleeds, it leads. As historian, political writer and Guardian columnist Timothy Garton Ash observed, "Many Chinese City Dwellers Moderately Content with Rising Standard of Living" isn't a headline that would sell a lot of papers. Resource Opportunities Editor and Publisher Lawrence Roulston would agree. "The media has a huge bias toward the negative side of any story," he tells The Gold Report in this exclusive interview. Investors focusing on scary headlines, he argues, are missing out on phenomenal opportunities developing on the other side of the world—namely Asia and, particularly, China. His advice? "Take a broader, longer-term view of the world."
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Thursday, May 20, 2010
Gold's Sell-Off a Correction in Ongoing Bull Market / Commodities / Gold and Silver 2010
Now that all of the "I told you so's," and market "revisionists" are telling us that gold is a terrible "defensive position" and no one should have thought otherwise, let's have a look at what the multi-month technical set-up indicates in the SPDR Gold Trust (NYSE: GLD).
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Wednesday, May 19, 2010
The End of the Gold Bull Market / Commodities / Gold and Silver 2010
David Galland, Managing Director of Casey Research, interviews... David Galland.
Q. With gold and gold stocks on a tear, does Casey Research still recommend holding 1/3 of a portfolio in cash?
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Wednesday, May 19, 2010
White House Covers Up Menacing Oil "Blob" / Commodities / Crude Oil
In an exclusive for Oilprice.com, the Wayne Madsen Report (WMR) has learned from Federal Emergency Management Agency (FEMA) and U.S. Army Corps of Engineers sources that U.S. Navy submarines deployed to the Gulf of Mexico and Atlantic Ocean off the Florida coast have detected what amounts to a frozen oil blob from the oil geyser at the destroyed Deep Horizon off-shore oil rig south of Louisiana. The Navy submarines have trained video cameras on the moving blob, which remains frozen at depths of between 3,000 to 4,000 feet. Because the oil blob is heavier than water, it remains frozen at current depths.
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Wednesday, May 19, 2010
Gold, Precious Metals, Commodity Currencies and Stocks Fall / Commodities / Gold and Silver 2010
Gold closed with a loss of 1.09% yesterday. It rose from $1,206/oz to $1,220/oz in Asian and early European trading this morning. Gold subsequently came under pressure due to profit taking and institutional selling driving prices through key technical levels. Gold is currently trading at $1,190/oz and in euro and GBP terms, at €965/oz and £827/oz respectively.
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Wednesday, May 19, 2010
Deflation and Economic Weakness Are the Best Catalysts for Gold / Commodities / Gold and Silver 2010
Recently, I had written about how a deflationary impulse in the capital markets would be a catalyst for the gold stocks. This turned out to be accurate as stocks and commodities weakened while treasuries and the US Dollar advanced. Gold and gold stocks also moved higher. Nevermind the comments I received about how we are in an inflationary period and Gold will go down in a deflationary period.
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Wednesday, May 19, 2010
Gold Parabolic Rise Resolution Crash Target / Commodities / Gold and Silver 2010
A crucial component to many processes is the catalyst. It really has nothing to do with the process, but the presence of the catalyst acts an enabler. Greece may have been one of those catalysts. In terms of the world, Greece has no economic meaning. Greece is way out in the decimals. Economic problems of California are certainly larger. Yet, no one is buying Gold because of the end of the California dream. No one is talking about the dissolution of the U.S. because of the economic collapse of California, Illinois, and New Jersey.
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Wednesday, May 19, 2010
Crude Oil Pschological Plunge Makes OPEC Nervous, Official Says / Commodities / Crude Oil
The plunge in oil prices in the wake of the euro crisis has OPEC worried.Qatar oil minister Abdullah bin Hamad Al Attiyah emerged as an unofficial spokesman for the oil cartel over the weekend in a series of news agency reports from the Gulf that signaled the group’s concern.
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Wednesday, May 19, 2010
Gold Hit by High Volatility as Eurozone Risks Failure / Commodities / Gold and Silver 2010
THE PRICE OF GOLD fell hard versus the surging US Dollar in Asia and London on Wednesday, falling to a 1-week low of $1202 an ounce as world stock markets and commodities also sank.
Banned by German regulators from making "naked" bets against Eurozone government debt, speculative pressure instead squashed the single currency to a new four-year low of $1.2150 late on Tuesday.
Tuesday, May 18, 2010
The Nuclear Power Investing Option / Commodities / Energy Resources
by Marin Katusa, Chief Investment Strategist, Casey’s Energy Opportunities - Earlier this year, the Obama administration announced large new federal loan guarantees for the nuclear energy industry - totaling about $54 billion, or more than triple the current level of funding. Philosophically, we abhor government subsidies to any industry, but we also recognize that they're a fact of life these days, with an inordinate influence on markets. So even though we'd prefer the government didn't pick industry winners and losers, we must be mindful of what Washington is doing if we expect to reap profits as investors.
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Tuesday, May 18, 2010
Bullish on Gold and the U.S. Dollar / Commodities / Gold and Silver 2010
On one hand, gold prices cannot seem to catch a bid today, but on the other, spot gold has undergone a very orderly pullback from last Friday's high at $1250.45 to this morning's low at $1206.50 (-3.5%). For a market that needed a correction, the weakness in gold has the right look of a minor pullback within an incomplete upleg off of the Feb low. Add to the gold analysis, the behavior of the Dollar Index (DXY), which has turned up sharply in the last two hours largely in response to reports of German resistance to approval of the $1 trillion loan package for the entirety of the EC (as distinct from the 22 billion EUR package specifically for Greece), and because of reports of an impending ban on German equity naked short sales.
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Tuesday, May 18, 2010
Silver Investors Should Diversify, Too / Commodities / Gold and Silver 2010
Diversification is the most important part to any solid financial plan, and precious metals are no exception. Silver investors should plan to diversify within their silver holdings to protect their wealth and to allow for opportunities to profit in the future.
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Tuesday, May 18, 2010
Peak Oil And Peak Debt / Commodities / Crude Oil
DID HIGH PRICED OIL CAUSE THE CRISIS ?
Attempts are made to try out this argument, in a few diehard neoliberal New Economy circles, for example tracing problems reducing the USA's extreme high, but falling trade deficit, to "stubbornly high" oil prices. Whenever mass unemployment, recession and devaluing the dollar to cut import demand and sell more US products overseas does not work, the handy culprit is high priced oil. Put another way, if US oil imports cost nothing, the trade deficit would be a lot smaller, but the same applies to overseas purchases of US exports like Microsoft Windows or Apple iPhones - if they were given away, importing them would be cheap and easy.
Tuesday, May 18, 2010
Gold Continues to Retreat From New All Time High / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE gold bullion bars fell further in London dealing on Tuesday, extending the discount to 3.2% from Friday's record high against the Dollar as world stock markets and commodity prices bounced sharply.
The US Dollar eased back, losing 1% from yesterday's four-year high to the Euro.
Tuesday, May 18, 2010
Gold Falls on Profit Taking as Retail Investors Remain Hesitant / Commodities / Gold and Silver 2010
Gold fell for a fourth day in Europe due to profit-taking but is likely to remain supported due to continued concerns about sovereign debt contagion and currency risk. Gold rose to a record intraday nominal high of $1,249 a troy ounce last Friday but has since pared back its gains and is now trading at $1,209.95 an ounce, down 1.3% on the day amid a combination of profit taking and increased risk appetite.
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Monday, May 17, 2010
Gold Price Short-term and Long-term Projections / Commodities / Gold and Silver 2010
When The Gold Report last interviewed Laurentian Securities Analyst Eric Lemieux, he talked about his favorite explorers, especially in the James Bay area, with its exploration plays and favorable geological, geographic and social fundamentals. Eric is back with more on Canada's junior gold sector in this exclusive interview.
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Monday, May 17, 2010
Why More Investors Like Gold / Commodities / Gold and Silver 2010
Gold is charging up to new highs, so it’s no surprise that the level of interest in this financial asset is charging up as well. Last week I did interviews with CNN, CNBC, USA Today and Reuters, and in most cases a specific question came up – “Should people be buying or selling gold right now?”
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