Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, April 09, 2010
Gold and The General Stock Market - Rallying or Topping? / Commodities / Gold and Silver 2010
In the March 31st 2010 commentary, we've analyzed the general stock market along with the price of gold, and one of the things that we wrote was that a significant decline is not very likely at this point and the general market could rally further.
This is what we've seen since that time, but stocks have been recently rising on a relatively low volume, so you might wonder if it made us change our mind as far as the situation on the general stock market is concerned, and how it would affect the PM sector.
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Friday, April 09, 2010
Why Are Silver Sales Soaring? / Commodities / Gold and Silver 2010
Jeff Clark, Senior Editor, Casey’s Gold & Resource Report writes: The U.S. Mint just reported another record, but this time it wasn’t for gold. The Mint sold more Silver Eagles in March and in the first quarter of the year than ever before. A total of 9,023,500 American Silver Eagles were purchased in Q110, the highest amount since the coin debuted in 1986.
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Friday, April 09, 2010
Fiat Money Destined to Lose Against Gold / Commodities / Gold and Silver 2010
With Euro-rates stuck near zero, which currency will be next on the right-hand side of XAU...?
FOR THE FIRST five years of its life, the European single currency was as good as gold, at least as far as the gold market was concerned.
Friday, April 09, 2010
Silver's Surges 10% in 2 Weeks - Near Record in Euro Terms / Commodities / Gold and Silver 2010
Gold climbed steadily to as high as $1,153.70/oz in New York before reverting slightly to close unchanged for the day. It has risen from $1,150/oz to $1,158/oz in Asian trading this morning. Gold is currently trading at $1,157/oz and in Euro and GBP terms, gold is trading at €864/oz and £753/oz respectively. Gold and silver have given up some of their earlier gains as the dollar rose and then fell today.
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Friday, April 09, 2010
New Chinese Gold Market / Commodities / Gold and Silver 2010
We were going to post a piece on the dramatically changing COMEX gold market, which will affect the gold price, but decided this piece was more pertinent to the gold price itself. To read about the changes on COMEX you can subscribe at the address above.
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Friday, April 09, 2010
Gold Breaks Higher Targets $1240 / Commodities / Gold and Silver 2010
THE PRICE OF GOLD for Dollar investors touched its highest level in 3 weeks at $1158 an ounce early in London on Friday, rising together with stocks and commodities and setting its fifth record high vs. the Euro in five days.
"Gold looks like a buy given that it has broken through the $1150 topside resistance level," says one bullion-bank's technical analysis, "with $1161 the next major hurdle."
Friday, April 09, 2010
Natural Gas, The Last Cheap Commodity Left / Commodities / Natural Gas
Matt Badiali writes: Your job just got a lot harder.
If you're a commodity investor, you've had a pretty good year. Over the last 12 months, in my S&A Resource Report portfolio, I've recommended 13 stocks that have gained 10%-99%, three stocks that have gained 100%-200%, and one stock that's up an incredible 460%.
Friday, April 09, 2010
Gold Bull Market is Back in Play / Commodities / Gold and Silver 2010
The Macro Trader’s view:
Our views on Gold have been well aired over the months, if not years. We are long-term bulls. But the market has suffered several steep and often protracted corrections that have on occasion endured for months.
We judge the market is currently in such a phase, but shows signs that it is now coming to an end. Naturally we expect price action to resolve into a fresh leg of the long Bull Run. But what have been the dynamics behind the market over recent months and why now is it beginning to retest the upside?
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Thursday, April 08, 2010
No Substitute for Crude Oil on the Horizon / Commodities / Crude Oil
While some analysts are touting natural gas as the substitute for oil, BMO Capital Markets' Oil and Gas Analyst Mark Leggett says he doesn't see natural gas replacing oil in the near term. In this exclusive interview with The Energy Report, Mark says that the infrastructure isn't in place to allow natural gas to become a tangible replacement for oil any time soon. Mark is also still a big fan of oil sands projects in Canada and says that production from those projects can help meet the demand for oil in the coming years.
Thursday, April 08, 2010
Gold Stocks Sector Sentiment Update / Commodities / Gold & Silver Stocks
Over the last few weeks we’ve been writing about potential macroeconomic developments, which will drive Gold in the near term and in the years ahead. We thought we’d take a break from that and focus on what we enjoy most: analyzing technicals and sentiment.
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Thursday, April 08, 2010
Gold Strong on Global Fiat Currency Crisis Risk / Commodities / Gold and Silver 2010
Gold climbed steadily to as high as $1,153/oz in New York before reverting slightly to close with a gain of 1.56%. It has since range traded from $1,144/oz to $1,147/oz in Asian trading this morning. Gold is currently trading at $1,145/oz and in euro and GBP terms, gold is trading at €861/oz and £755/oz respectively.
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Thursday, April 08, 2010
Gold Hits Fresh Euro High as Banking Run Hits Greece / Commodities / Gold and Silver 2010
THE PRICE OF GOLD ticked back from a 12-week high for Dollar investors early Thursday, recording the best London Gold Fix since Jan.12th as the US currency rose against the Euro and global stock markets fell.
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Thursday, April 08, 2010
CrimeX Gold “Bust” To Cause Gold Price Collapse? / Commodities / Gold and Silver 2010
If it is illegal to use gold as collateral then disregard the following.However I doubt this is illegal and in fact likely is encouraged.
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Thursday, April 08, 2010
Technical Trading Setups on Gold, Silver, Oil and Natural Gas ETF’s / Commodities / Commodities Trading
This week has been playing out as expected with prices grinding their way higher and lots of sharp intraday sell offs and rallies which is indicative of a market getting toppy.
Seems like the masses feel as though they are getting left behind which is why we are starting to see the panic buying in the market (new money buying at these lofty overbought prices).
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Thursday, April 08, 2010
Finding Safety in Gold and Silver / Commodities / Gold and Silver 2010
Traditionally, the bond market is where investors have gone for safety in their portfolios. Discovery Investing pioneer Dr. Michael Berry says that investors may need to look elsewhere. In this exclusive interview with The Gold Report, Michael says the bill for deficits and debt in the U.S. will be coming due soon and that bond investors may be in for a rough ride. Michael says precious metals could be part of the safety portion of investment portfolios.
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Wednesday, April 07, 2010
Is the Silver Rally Over? / Commodities / Gold and Silver 2010
In the previous essay, we've emphasized that gold is to move higher, and since it has just moved significantly higher, it seems that you may wonder what we think about the situation in its sister-metal - silver. However, before providing you with technical details, we would like to provide you with not-so-bullish views on China, and briefly comment on how it might affect the precious metals market.
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Wednesday, April 07, 2010
Coal, The Contrarian’s Energy Investment / Commodities / Coal
Joe Hung, Editor, Casey’s Energy Report writes: Imagine the price of gold jumping to $1,500 overnight... what would that do to the price of junior mining companies? That's what just happened to the price of coal - it jumped 38% in one day!
Coal is dirty, it's dusty, and it sends environmentalists into a tizzy. It's also the most rapidly growing fuel source in the world, it's broadly distributed with almost 70 countries having economically recoverable resources, and the energy found in it still exceeds that in all other fossil fuels combined.
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Wednesday, April 07, 2010
Premiums Play a Role in Indicating Silver Manipulation / Commodities / Gold and Silver 2010
Silver investors should remember to always pay attention to the per ounce premium they pay to receive physical metals. While premiums are important as a barometer of the actual silver you're obtaining per dollar, premiums also play a very important role in gauging current market manipulation.
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Wednesday, April 07, 2010
Gold and The Bong of Forced Risk / Commodities / Gold and Silver 2010
If you're queuing up for a lug on the bong of forced-risk, just take a moment before you inhale too deeply...
THE LONGER that interest rates stay below inflation, the more people will be forced to take more risk to defend what money they've got.
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Wednesday, April 07, 2010
Gold GLD ETF on the Move / Commodities / Gold and Silver 2010
The SPDR Gold Shares (NYSE: GLD) gapped up this morning, and prices have exploded to the upside, above the Jan-Apr resistance line at 111.50 and above that prior rally peak at 112.18 from March 3. Gold prices certainly had to be positively affected by traders' anticipation of a strong 10-year T-note auction. We discussed gold in detail last night in our member Webinar and our expected upside.
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