Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, May 12, 2010
Gold and Silver Outperform / Commodities / Gold and Silver 2010
My pattern work shows that gold and silver are in powerful uptrends, while crude oil and copper could be in the latter stages of completing a multi-month top. Indicative of a problem, perhaps due to China market weakness, for the industrial commodities? For whatever reasons, these commodities are no longer part of a homogenous group, and instead either are attracting or repelling capital inflows based on their own perceived fundamentals.
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Wednesday, May 12, 2010
EuroZone Selling Gold to Save the Euro / Commodities / Gold and Silver 2010
Is the Eurozone one final U-turn away from a 20-fold rise in gold prices...?
HAPPY SELLERS a decade ago when gold hit rock-bottom, might the Eurozone states now sell gold at all-time highs to help settle government debt today?
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Wednesday, May 12, 2010
Europe Bailout The Worst $1 Trillion Ever Spent, Sends Gold to New Highs / Commodities / Gold and Silver 2010
Dr. Steve Sjuggerud writes:
Just under $1 trillion...
That's what the European Union promised in an emergency rescue package to stabilize the euro currency and Europe's financial woes.
Wednesday, May 12, 2010
Gold and Silver The Only Game in Town 2010-2011 / Commodities / Gold and Silver 2010
There are numerous reasons both fundamental and technical as to why the precious metals complex will surge over the next 18 months. The sector’s surge will be reinforced by the lack of an obvious trend in most other markets. Gold, Silver and the mining stocks will surge while other markets languish.
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Wednesday, May 12, 2010
Gold's New Record Highs Tell of Inflation Threat from Sovereign Debt Crisis / Commodities / Gold and Silver 2010
THE PRICE OF PHYSICAL GOLD in London's wholesale market jumped to new all-time highs against all-but-three of the world's major currencies on Wednesday morning, breaking US$1245 an ounce by lunchtime.
German and US government bonds slipped as world stock markets rallied together with crude oil and base metals.
Wednesday, May 12, 2010
Gold Bullish Breakout to New Highs, Miners Exhibiting Massive Accumulation / Commodities / Gold and Silver 2010
Gold’s break out to new highs has very bullish connotations going forward. It puts the odds squarely in favor of a C-wave continuation.
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Wednesday, May 12, 2010
Gold New Record High; Silver Surges 4% and Breaks Above Long Term Resistance / Commodities / Gold and Silver 2010
Gold has rallied to a new record high ($1,244.80/oz) on continuing concerns about sovereign debt contagion and the risk posed to the single currency. Gold rose to $1,224/oz early in New York yesterday, it then fell off slightly before closing with a new record closing high and a gain of 1.61%. It has range traded from $1,228/oz to $1,234/oz in Asian and early European trading this morning prior to rising to new record highs in dollars, Swiss francs, pounds and euros. Gold is currently trading at $1,231/oz and in euro and GBP terms, at €968/oz and £820/oz respectively.Read full article... Read full article...
Wednesday, May 12, 2010
Can Corn Commodity Prices Make a Comeback? / Commodities / Agricultural Commodities
Jason Simpkins writes: Corn prices have slumped some 24% since January and more than 50% since hitting a record high $7.65 a bushel in June 2008. Now they are being further threatened by potentially the largest corn harvest in history.
Still, there's reason to believe that corn prices will rebound.
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Wednesday, May 12, 2010
Who Did the I.M.F. Sell 24.4 Tonnes of Gold To? / Commodities / Gold and Silver 2010
The impact of the I.M.F. sales of gold on the gold price itself will not be given here, but is given in the Gold Forecaster newsletter, issued weekly.
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Wednesday, May 12, 2010
3 Steps to Geographically Diversifying Your Gold Stocks / Commodities / Gold & Silver Stocks
By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report and author of this new FREE Special Report: ‘When Is the Right Time to Buy Gold?’
Jerry’s broker wrinkled his nose in disapproval.
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Wednesday, May 12, 2010
Gold, Silver and Stocks Pricing Trend Indicates Change in Investor Sentiment / Commodities / Gold and Silver 2010
Anyone paying attention to the stock markets and the precious metals markets will tell you that the correlation that we've grown accustomed to has flip-flopped. Previously, precious metals and the stock markets traded in unison; a 2% up day for the stock markets meant 2% up in gold and silver. A drop in the stock markets meant a drop in the metals markets. However, this is no longer true, as precious metals have broken free!
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Tuesday, May 11, 2010
Agri-Food Food Trends, Volcano Atmospheric Ash and China 21st Century Demand Miracle / Commodities / Agricultural Commodities
Our gloom was lifted this past weekend with news that the Icelandic volcano was still pumping away. Got to admire the way it keeps trying, just like the little engine. Ash is now in the skies from near Greenland to Spain, across North Africa, and as far east as Turkey.
Per Associated Press as reported by ksdk.com, 9 May,“The bulk of the cloud, measuring 2,100 miles long and 1,400 miles wide (3,400 kilometers by 2,200 kilometers), stretched over the North Atlantic, according to the Irish Aviation Authority.”
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Tuesday, May 11, 2010
Gold Hits New USD High as Europe's "Bail-Out Bounce" Fails / Commodities / Gold and Silver 2010
THE PRICE OF GOLD hit a new record high against the US Dollar at Tuesday's PM Fix in London, surging more than 3% from yesterday's low as world stock markets fell once again with commodities.
The Euro dropped 4¢ from yesterday's "bail-out bounce", giving back most of Monday's gain to trade below $1.27.
Tuesday, May 11, 2010
Gold Miners GDX ETF on the Move / Commodities / Gold and Silver 2010
The Market Vectors Gold Miners ETF (NYSE: GDX) emerged from a 5-month accumulation pattern today, as it gapped-up above 51.10/20, and has continued to an intraday high at 52.75 so far. Let's notice, however, that the 5 month accumulation pattern fits into a much larger potential accumulation pattern that spans back to March 2008.
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Tuesday, May 11, 2010
Gold And Silver’s Big Move And The Very Special Circumstances That Causes It / Commodities / Gold and Silver 2010
From October 2008 to date the gold price has performed rather well. It is up 77.6% from the intraday low of $682 on 24 October 2008. It is of course not the only good up since then; in fact most goods are quite well up in nominal dollar terms.If a good is up in price 77% in a period of about 1.5 years it would probably be reasonable to expect at least a slowdown in the pace of price growth or even a gradual decrease. Unless, there are very special circumstances present, such as one could probably have in a case of hyperinflation or say an extreme sudden shortage of that good which cannot be immediately replenished etc. one would certainly not expect it to accelerate further at an even faster rate as before. Read full article... Read full article...
Tuesday, May 11, 2010
How to Make Money Trading the Gold Market / Commodities / Gold and Silver 2010
Perhaps no other market in the world elicits such emotion and passion than the world's gold market. One only has to mention gold, and theories just come out of the woodwork in regards to conspiracy, market manipulation, and a host of other less than savory subjects.
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Tuesday, May 11, 2010
Gold Tests Record Highs as Euphoria on Short Covering Rally Fades / Commodities / Gold and Silver 2010
Gold has recovered from the slight sell off seen yesterday and stayed above $1,200/oz in Asian trading before rallying in early European trading. The initial euphoria that saw stocks and the euro surge yesterday has quickly dissipated with the euro giving up most of yesterday's gains and stocks coming under pressure this morning.Read full article... Read full article...
Tuesday, May 11, 2010
Gold And The Myth Of Free Markets / Commodities / Gold and Silver 2010
Some conspire to take power; others conspire to keep it
What we don’t know explains what we don’t understand. This is why the work of the Gold Anti-Trust Action committee, GATA, is to be admired. Much of the exposure of the US government’s hidden hand in the manipulation of the gold markets is due to GATA’s work. What most still do not understand is the extent of that hidden hand and its effect on America, a nation many believe to be free.
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Monday, May 10, 2010
CRU's Helen O'Malley Speaks Manganese / Commodities / Metals & Mining
"The price for manganese ore has recovered a lot more swiftly and strongly than we anticipated," explains Helen O'Malley, a bulk manganese specialist with London-based CRU, adding: "The price bottomed out last year to about $3.50 per dry metric ton unit (DMTU) and now it's up to about $8.00." In this exclusive interview with The Gold Report, O'Malley sheds some light on the seldom-discussed metal and its supply and demand fundamentals. She also explains how the market is really being driven by China and even lists several junior mining companies who are actively exploring manganese properties.
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Monday, May 10, 2010
Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters / Commodities / Crude Oil
While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in the iceberg-infested waters off Greenland.Read full article... Read full article...