Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, February 26, 2010

Gold is De-coupling From the Dollar Euro Exchange Rate / Commodities / Gold and Silver 2010

By: Julian_DW_Phillips

Further to our piece on the €:$ Exchange rate last issue, we have found that the topic, at last, is hitting mainstream. It is always difficult to be weaned off what you thought was a reliable formula giving you the inside track on the gold price. The oil: gold relationship was a case in point. Many tried to use it as a measure of the next gold price. But in the case of the €:$ exchange rate dictating the direction of gold the consequences of following this line will shortly prove to be very expensive for Traders on COMEX and elsewhere.

Friday, February 26, 2010

Global Gold Supply / Commodities / Gold and Silver 2010

By: Zeal_LLC

Last week the World Gold Council (WGC) released its highly-anticipated Gold Demand Trends (GDT) report for Q4 and full-year 2009.  GDT reports contain analysis of independent data compiled by GFMS Limited detailing supply and demand trends in the global gold market.  They are jam-packed with key fundamental reads that undergird gold’s secular bull.

Generally only select groups of industry stakeholders and traders are the ones who anticipate these reports.  Most people couldn’t care less what they say, and if you mention WGC they’ll think you’re talking about golf.  But with gold gaining mainstream popularity in recent years, GDT reports are now a lot more relevant.

Friday, February 26, 2010

Gold Confirms 10-Year Bull Marketm Supported by Inflation and Low U.S. Interest Rates / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE WHOLESALE price of gold in Dollars held steady on the release of new US economic data Friday morning, nearing February's monthly close some 2.8% above January's finish and confirming the last 10 year's pattern of never falling for more than two months running.

Friday, February 26, 2010

Why Uranium Commodity Price Rise is Inevitable / Commodities / Uranium

By: DailyWealth

Chris Mayer writes: In the most recent issue of my Special Situations advisory, I showed my readers the most compelling resource investment around. I've spent the past month digging into this story and looking for the best opportunities. Here's what I've found.

The most compelling thing about uranium is probably best expressed in the chart below...

Friday, February 26, 2010

Investors Don't Count Out Old King Coal Yet / Commodities / Coal

By: The_Energy_Report

Siddharth Rajeev, vice president of research for Fundamental Research Corp., talks about several of the bright spots he sees on the economic horizon in this exclusive interview with The Energy Report. Sid anticipates: recovery in 2010, with rising interest rates by the end of the year. . .longer-term growth in demand for uranium, which this year's commodity corrections somehow managed to overlook. . .continuing strength for rare earth metals as applications expand in electronics and alternative energy. . .even new faces on the coal front. Despite the push toward clean energy, Sid says coal won't go away anytime soon. One of the cheapest sources of fossil fuels in abundant supply, he says that coal is "tough to replace."

Thursday, February 25, 2010

Gold, the IMF, and Dirty Jokes / Commodities / Gold and Silver 2010

By: Jeff_Clark

Jeff Clark, Casey’s Gold & Resource Report writes: How many IMF officials does it take to change a light bulb?

As you probably read, the International Monetary Fund announced they would proceed with selling the remaining 191.3 tonnes of gold from the 403.3 tonnes planned. The money is to be used for lending to poor countries. Lending implies the money will be repaid, which, in the case of the IMF, is a joke that isn’t funny. But that’s a topic for another day.

Thursday, February 25, 2010

Gold GLD Outperforming Gold Mining Stocks GDX / Commodities / Gold and Silver 2010

By: Mike_Paulenoff

Gold -- the SPDR Gold Shares (NYSE: GLD) and the Market Vectors Gold Miners ETF (NYSE: GDX) -- have turned positive this morning, in the aftermath of intense selling pressure earlier in the session. This is a sign of meaningful relative strength in the sector, but the day is young yet.

Thursday, February 25, 2010

Making Some Sense of Today's Gold Price Trend / Commodities / Gold and Silver 2010

By: INO

It's been about eight days since we did a video on gold, and given the market action today I thought I would look at what is causing the downward pressure in this market.

Thursday, February 25, 2010

Gold Prices "Subduing Demand" as Euro and S&P Correlations Slip / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD dropped to a near-two week low early Thursday in London, dipping below $1090 an ounce as the US Dollar rose vs. the Euro, crude oil held flat, and world stock markets slipped.

"Yesterday saw a new divergence in the Gold/Euro correlation," says one London dealer in a note after the Euro rose in Wednesday's trade but gold priced in Dollars fell.

Thursday, February 25, 2010

Bears Still a Threat in EUA Carbon Emissions Trading / Commodities / Climate Change

By: Seven_Days_Ahead

A marked consolidation has been unfolding in the EUA (ICE ECX) contract, displaying a slow downward bias. So far bears have been unable to develop this more in their favour, but, now, they have another chance – will they take it?

Thursday, February 25, 2010

Bull Market Geniuses, Did You Sell GLD, GDX, SLV? / Commodities / Gold and Silver 2010

By: Guy_Lerner

Ok, this one is for all you bull market geniuses out there who have been buying the SPDR Gold Trust (symbol: GLD), the Market Vectors Gold Miners ETF (symbol: GDX), and the i-Shares Silver Trust (symbol: SLV) all the way down and since they peaked in mid January.

Thursday, February 25, 2010

Oil Prices Climb After Bernanke Speaks of Low Interest Rates / Commodities / Crude Oil

By: LiveCharts

The dollar has been firming up in the last several weeks, thanks in large part to growing expectations of a tighter monetary policy leading to higher interest rates.  Federal Reserve Chairman Ben Bernanke tried to reassure Americans and quash some of those assumptions with his comments to Congress about the economy Wednesday (February 24).

Thursday, February 25, 2010

Gold Long-Term Fundamentals Remain Promising / Commodities / Gold and Silver 2010

By: The_Gold_Report

"Gold's positive fundamentals, the high level of investor interest in key geographic markets and global monetary economic developments promise to push the yellow metal much higher," according to Jeffrey Nichols, managing director of American Precious Metals Advisors. In this Gold Report exclusive, the leading precious metals economist outlines the reasons for gold to continue its upward trajectory—not the least of which include the ailing USD and foreign central banks' reluctance to keep buying U.S. government debt.

Wednesday, February 24, 2010

Is Gold About To Begin A Major Bull Move? / Commodities / Gold and Silver 2010

By: Ronald_Rosen

We would be hard pressed to find a more perfect non-confirmation of the high in gold bullion than the picture of failure to confirm presented by the HUI and numerous precious metal shares. 

Wednesday, February 24, 2010

Gold Falls Ahead of Bernanke Testimony / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD in the wholesale market fell again on Wednesday in Asia and London, erasing the final $7 of last week's 3.4% gain for US investors as the Dollar held steady ahead of Fed chairman Ben Bernanke's two-day testimony on banking reform and his zero-interest-rate policy.

Tuesday, February 23, 2010

Gold and Silver Stocks Correlation with the General Stock Market / Commodities / Gold & Silver Stocks

By: Przemyslaw_Radomski

In the previous essay, we commented on the recent developments in the price of gold. The technical part of this week's essay is dedicated to the situation in the precious metals stocks and the general stock market. The prices of these stocks are highly correlated with the underlying metals, which means that the following analysis is useful also to Investors and Speculators following the spot prices of gold and silver.

Tuesday, February 23, 2010

Panic at the Fed or Back to Normalcy? / Commodities / Gold and Silver 2010

By: F_William_Engdahl

The decision of the US Federal Reserve to raise its key interest rate was definitely not a sign of confidence in the US economic recovery or a signal that Fed policy is slowly returning to normal as claimed. It was rather a signal of panic over the weakness in US Government bond markets, the heart of the dollar financial system.

Tuesday, February 23, 2010

Renewed Interest in a Tax on Stocks Proves Metals Are the Place to Be / Commodities / Gold and Silver 2010

By: Dr_Jeff_Lewis

In an unprecedented modern move, the Federal government is considering a new investment tax as a way of paying for a huge annual deficit.  The investment tax would cost investors .25% on purchases of stocks and exchange-traded funds outside of retirement accounts and would generate an estimated $90 – $100 billion in annual income for the US Treasury.

Tuesday, February 23, 2010

Oil Companies Standardized Reporting of Oil Wells? / Commodities / Oil Companies

By: Keith_Schaefer

Investors need to understand what they’re reading on IP rates

Should there be a legal or industry accepted standard for reporting IP (Initial Production) rates on oil & gas wells?

Tuesday, February 23, 2010

Three Must Own Gold Mining Shares / Commodities / Gold & Silver Stocks

By: Larry_Edelson

Despite gold’s choppy trading range …

Despite the fact that it’s entering a period of short-term weakness and may even fall to just below $1,000 an ounce …

Everyone — and I mean everyone — should consider owning at least my top three gold mining shares.