Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, March 14, 2010
Technical View of What’s Next for Precious Metals, Stocks & the Dollar / Commodities / Gold and Silver 2010
Last weeks price action unfolded just as we expected. Money poured into stocks with the focus being on small cap, banks and technology stocks. The fact that these sectors are showing strength while utilities, health care and consumer staples lag is a good sign that investors are once again taking risks in the market.
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Sunday, March 14, 2010
Are Crude Oil & Natural Gas about to Explode Higher? / Commodities / Crude Oil
Last weeks price action unfolded just as we expected. Money poured into stocks with the focus being on small cap, banks and technology stocks. The fact that these sectors are showing strength while utilities, health care and consumer staples lag is a good sign that investors are once again taking risks in the market.
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Sunday, March 14, 2010
Gold Tumbles Into Short-term Bearish Trend, Long-term Still Bullish / Commodities / Gold and Silver 2010
It’s been a bummer of a week but all is not lost yet. Markets go up, down and sideways. This seems to be one of those intermediate term sideway periods with short term ups and downs.
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Saturday, March 13, 2010
The Giant Financial Risk You'll Never Hear About on Television / Commodities / Crude Oil
Matt Badiali writes: From 20 miles in the air, the Musandam Peninsula doesn't look like much.
Saturday, March 13, 2010
New ETFs: Bullion Equivalent or Metal Facade? / Commodities / Exchange Traded Funds
Due to my ongoing interest in palladium, I decided to investigate the new platinum and palladium exchange traded funds sponsored by ETF Securities. They just started trading in the US under the symbols PPLT (for platinum) and PALL (for palladium) after a nine month regulatory process.
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Saturday, March 13, 2010
Crude Prices Stagnate Amid Doubts About Global Demand / Commodities / Crude Oil
Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the week, with the benchmark West Texas Intermediate settling on Friday at $81.24 a barrel, compared with $81.50 a week ago.Read full article... Read full article...
Saturday, March 13, 2010
Paper Gold Market Is Going to Explode, Buy Physical Bullion NOW! / Commodities / Gold and Silver 2010
Evidence seems to be mounting that we are headed towards some sort of implosion in the paper Gold market, and perhaps the currency/bond markets in general. Let’s take a look:
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Saturday, March 13, 2010
Jim Rogers Says Buy Gold, Silver and Copper To Protect From Devaluing Currencies / Commodities / Gold and Silver 2010
Noted commodities investor and author of bestselling books like Hot Commodities and A Bull in China, Jim Rogers says investors should continue to buy gold, silver and copper as governments across the world are dishing out heaps of printed currencies with declining values.
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Friday, March 12, 2010
Is Gold Starting to Trade Like a Currency? / Commodities / Gold and Silver 2010
"Remember when $25, 000 was a success? Now it is a garbage collector." ~ Frank Dane
At one point on Monday the Dollar was trading in the red and Gold which should have shot up was actually trading roughly 10 dollars lower. As the Day progressed both the Dollar and the Euro were trending upwards together while Gold continued to slide. The story below attempts to provide a reason for this phenomenon.
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Friday, March 12, 2010
China's Gold Plans and Silver's Long- and Short-Term Trends / Commodities / Gold and Silver 2010
When politicians talk it is always a good idea to try and read between the lines.
This Tuesday China's chief foreign exchange regulator, Yi Gang, told reporters that China is not interested in increasing its gold reserves.
Really?
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Friday, March 12, 2010
Gold Price Major Correction Coming? / Commodities / Gold and Silver 2010
We are hearing from some sources that the gold price will tackle previous highs then fall to $850. We did hear this before gold rose to $1,100, with many believing that then there would be a correction to $850, but it didn’t happen then either. What happened was that gold held its ground then broke upwards through resistance to set itself on track for higher prices.
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Friday, March 12, 2010
US Mint Gold Bullion Coin Sales / Commodities / Gold and Silver 2010
The US Mint’s popular American Eagle gold and silver coins remain in high demand by US investors. Working to overcome production bottlenecks, the Mint radically stepped up operations last year to the highest levels by far of this entire secular gold bull. The Mint’s Eagle sales data offers interesting insights into physical precious-metals demand.
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Friday, March 12, 2010
China Says Buy Gold (on weakness) / Commodities / Gold and Silver 2010
On March 20, 2007 China’s Central Bank governor, Zhou Zianochuan, had this to say about China’s burgeoning reserves:
“Many people say that foreign exchange reserves in China are (already) large enough…We do not intend to go further and accumulate reserves” Zhou Xiaochuan
Friday, March 12, 2010
Gold Up, Dollar Down, as George Soros Buys More Gold / Commodities / Gold and Silver 2010
THE PRICE OF GOLD rose versus a falling US Dollar Friday morning in London, recovering one-third of the week's earlier 3% drop as world stock markets crept towards new multi-month highs.
Crude oil also rose, pushing above $82 per barrel after the International Energy Agency called January's jump in China's energy demand – up by 28% – "astonishing".
Friday, March 12, 2010
Rebound in Copper Returns Focus On 76.4% Resistance / Commodities / Metals & Mining
Early this year the prior steady uptrend from a late 2008 low was seen to falter at a key Fibonacci level. After an initial sell-off a strong bounce has unnerved the bears - there is still scope for a resumption of weakness, but the market is at a critical stage.
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Friday, March 12, 2010
Gold Heading for Technically Bearish Down Week, But Fundamentals Still Positive / Commodities / Gold and Silver 2010
In New York yesterday, gold saw a gain of $2.29/oz at its session high of $1109.94/oz before falling to see a loss of $7.10/oz at $1100.55/oz shortly afterwards. It then climbed higher for most of the rest of day and ended near its earlier high with a marginal gain of 0.005%. Silver dropped to see a loss of $0.16/oz. It fell as low as $16.83/oz before it also climbed higher and ended near its late session high of $17.15/oz with a gain of 0.9%.
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Thursday, March 11, 2010
No Gold Price Manipulation / Commodities / Gold and Silver 2010
Summary and Conclusions - Contrary to the opinions of various gold commentators it is the view of this analyst – flowing from the analysis below – that the gold price is not being manipulated at this juncture. The world appears to be about to enter a period of deflation. The severity of this deflation will be a function of the appropriateness of the behaviour of the world’s central banks in respect of their responsibilities to ensure that the fleet of economic ships maintains an even keel. If they over react at this point, we might experience a bursting of the debt bubble and a resulting world Depression. If they react with responsibility, then the probabilities favour a slow deflation of the debt bubble. The behaviour of the gold price and the bond yields in the past few days appear to be pointing to the fact that a dose of reality has crept into the thought processes of the world’s governments and central banks.Read full article... Read full article...
Thursday, March 11, 2010
A Revisit to the Fake Gold Plated Tungsten Story / Commodities / Gold and Silver 2010
The gold-plated, tungsten-filled bars story hasn’t gone away. Not only has it continued to pop up in various gold and hard-money, investment-advisory letters; but even the populous press publishers, like the American Free Press and Rense.com, have found it expedient to publish material on it as well.
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Thursday, March 11, 2010
Weakness in Gold GLD ETF / Commodities / Gold and Silver 2010
Apart from the fundamentals that indicate the global economy, in general, and China and the U.S, in particular, might be showing signs of resurgence after over a year of “government stimulation,” the last 24 hours of trading has damaged the near-term technical condition of spot gold prices and the SPDR Gold Shares (NYSE: GLD). Yesterday, gold reversed from early morning strength as prices sliced beneath an important 5-week uptrendline (at approx. $1109).
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Thursday, March 11, 2010
Where is the Value in the Precious Metals Sector? / Commodities / Gold & Silver Stocks
Even despite the tremendous recovery in precious metals shares, I still find value across the entire spectrum. The various indices (HUI, XAU & XGD.to) as well as my proprietary junior index (shown below) all rallied back to or near the 2008 high. Since that point, Gold is about 10% higher. It is more than 10% higher when priced in foreign currencies. Meanwhile, Oil, (which is 25% the cost of mining) is down about 30% (from March 2008). I bet most other cost inputs have declined in price.
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