Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, February 08, 2010
Gold Extremely Choppy, Hit by Fund Liquidations / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD reversed an early 0.8% gain in London on Monday, revisiting Friday's finish of $1066 per ounce in what dealers called "lackluster" but "choppy" trade after last week's "widespread liquidation."
European stock markets also gave back an initial rally, while the US Dollar held the Euro near Friday's new 9-month lows.
Monday, February 08, 2010
Gold Technically Damaged But Fundamentals Remain Sound / Commodities / Gold and Silver 2010
By: GoldCore
Gold closed lower in US trading on Friday at $1,057/oz. It traded sideways in Asian trading prior to jumping from $1,066/oz to $1,073.50/oz in early trade in Europe. Gold is currently trading at $1,070.20/oz and in euro and GBP terms, gold is trading at €783/oz and £688/oz respectively. Gold's 2.7% fall (in US dollars) last week led to further technical damage and may embolden some traders to short the market. Read full article... Read full article...
Monday, February 08, 2010
U.S. Dollar Rally Threatens to Upset the Gold Price / Commodities / Gold and Silver 2010
By: Miles_Banner
Last week the gold price dropped 2.3 percent. The silver price dropped 7.2 percent and the FTSE 100 index closed down 2.5 percent. Just as everything went up together in 2010 [see our article ‘The Three Major Questions That Will Determine the Gold Price in 2010’] everything comes down together too.
Monday, February 08, 2010
Gold Investors Fateful House, $1000 The Buying Opportunity of the Decade? / Commodities / Gold and Silver 2010
By: Howard_Katz
“How blind are those who cannot see the forest for the trees?” - John Heywood
Gold’s action was scary last week – for all those who focus only on the short term. But these are precisely the people who cannot see the big picture. And because they cannot see the big picture they cannot predict the big move. And the big money, I remind you, is made in the big move.
Read full article... Read full article...
Monday, February 08, 2010
NYMEX Gold Put Option Trading Alert / Commodities / Gold and Silver 2010
By: Patrice_V_Johnson
Welcome to The J.E.D.I. Way.
The J.E.D.I. Way will received a fill of $3.00 on its SECOND purchase order of the following put option on Nymex Gold on Monday, February 1, 2010:
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Sunday, February 07, 2010
Gold to Benefit from Inevitable More Bailouts / Commodities / Gold and Silver 2010
By: Adam_Brochert
Public and private debt will be printed up out of thin air and used to replace the bad private and public debt plaguing the financial world. As the insanity progresses, more and more will turn to Gold. Whether we are headed for an implosion that is deflationary, inflationary, or both, confidence in our current financial system will become mortally wounded. This is why the Dow to Gold ratio will reach 2 and may even go below 1 this cycle. It's a confidence cycle as well as an economic cycle.
Sunday, February 07, 2010
Gold, Stay Away Until the Dust Settles / Commodities / Gold and Silver 2010
By: Merv_Burak
Gold looks great if you turn the page upside down. Otherwise, one might just stay away for a while until the dust settles. The NYMEX close for gold was $1052.80 while only an hour or two later the Globex electronic trading showed gold at $1065. One might just wonder what goes on here.
Sunday, February 07, 2010
I Knew I Should Have Bought Gold / Commodities / Gold and Silver 2010
By: I_M_Vronsky
I. M. Vronsky,
Editor & Partner - Gold-Eagle.
All should be moved by the following dramatic picture and eye-popping gold price charts. The first is an actual photo of currency traders in Sao Paulo, Brazil in early 1999.
Read full article... Read full article...
Sunday, February 07, 2010
Gold Crumbles in the Face of U.S. Dollar Strength / Commodities / Gold and Silver 2010
By: Clive_Maund
Gold performed as predicted in the last update, rallying up to the top of its Descending Triangle before reversing and crashing support at the bottom of the Triangle on Thursday. Many traders were startled by the magnitude of the Thursday's $45 drop. It was a bearish development for reasons we will come to shortly, but paradoxically it was immediately followed by a "Reversal Day" on Friday, which is a sign that the steep drop has exhausted itself - for now. Bulls, who were poleaxed by Thursday's plunge, are already dancing on the rooftops proclaiming that the "correction" is over as a result of the recovery late on Friday. So what are we to make of this seemingly contradictory market action? Let's see what the chart is saying.
Sunday, February 07, 2010
Silver's Spectacular Crash / Commodities / Gold and Silver 2010
By: Clive_Maund
Silver did exactly what was predicted in last weekend's update - it bounced off the support of its long-term uptrend line before reversing and crashing through it spectacularly on Thursday, but then on Friday it bounced back strongly in the late trade, leaving behind a bull hammer on the chart, leading bulls to declare that "the correction is over". The questions therefore are "Was it a correction and is it over?"
Read full article... Read full article...
Sunday, February 07, 2010
Palladium The Silent Champion / Commodities / Palladium
By: Sol_Palha
"Great things are not done by impulse, but by a series of small things brought together." ~ Vincent Van Gogh, 1853-1890, Dutch Painter
Saturday, February 06, 2010
Gold, Pension Plans, Insurance Companies & Retirement Programs (IRAs) / Commodities / Gold and Silver 2010
By: I_M_Vronsky
The world's three largest depositories of investments are Pension Plans, Retirement Programs (IRAs) and Insurance Companies. Recently the total investment assets of these depositories amounted to approximately $43 Trillion ($43,000,000,000,000):
- Pension Plans $25.0 Trillion
- Retirement Plans (IRAs) $10.6 Trillion
- Insurance Companies $7.5 Trillion
Saturday, February 06, 2010
Turning Paper to Gold, 21st Century Alchemy / Commodities / Gold and Silver 2010
By: The_Gold_Report
Not only does Chris Potter stand by his claim that India's big gold buy late last year was a game-changer, the way he explains it in this exclusive Gold Report, interview, it's a 21st century take on the classic alchemist's quest of old—transforming lead into gold. Nowadays, the alchemists are the central bankers of the world, and they're successfully managing to turn the paper money their countries are producing (their devaluating currencies, that is) into the precious metal. Poof. There's gold in them there rupees, renminbi, pesos, yen, euros and dollars. And even if you're not a central banker, Chris shares some ideas about riding the rising tide in gold prices.
Saturday, February 06, 2010
Buying Opportunity for Gold and Silver, Precious Metals Senior and Junior Stocks? / Commodities / Gold & Silver Stocks
By: Przemyslaw_Radomski
Gold, silver, and mining stocks have been declining very rapidly in the past several weeks and they have now reached (or are even below) our previous the target areas for this downswing. Is this a buying opportunity, or should precious metals investors take additional new factors into account? In the following essay we would like to provide you with our thoughts on the current situation in the precious metals stocks: both big senior companies (represented by the HUI Index and the GDX ETF) and the small-cap juniors (represented by the TSX Venture Index)
Friday, February 05, 2010
Just How Solid is the Gold Price? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
The gold market has fallen dramatically in the last few days. Where will the gold price go now? You will have a large amount of Technical commentary at hand to tell you and the bulk of this will point downwards. Is that enough to make the market follow their predictions? It would appear so, because Technical analysis is a vital part of gold investor information.
Friday, February 05, 2010
Gold's Erstwhile Bull-Market Chums / Commodities / Gold and Silver 2010
By: Adrian_Ash
Gold is now more closely correlated with US stocks than with either the Euro or silver...
OKAY, this is getting weird. Too weird, in fact.
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Friday, February 05, 2010
Where Will Gold Bottom in this Corrective Cycle? / Commodities / Gold and Silver 2010
By: David_Banister
Around two months ago I advised my Partners to look for Gold to drop to the 1040-1070 area in US dollars. This followed my projection in early August of a Gold rally from 900 to 1250 before the next top, and I was close as we hit $1,225 and rolled over. This correction so far in Gold is normal in a bull market, and is intended to knock everyone off the back of the bull. The bull likes to make sure as few people as possible are along for the ride.
Read full article... Read full article...
Friday, February 05, 2010
HUI Gold Stocks Bullish Technicals / Commodities / Gold and Silver 2010
By: Zeal_LLC
Over the last couple weeks, gold and silver stocks have been clobbered. The flagship index that tracks this sector, the HUI, hemorrhaged nearly a sixth of its value in just 8 trading days! Frightened traders have been scrambling for the exits, dumping their PM stocks at any price to rush their capital out of harm’s way.
Friday, February 05, 2010
The Fiat Money Carry Trade to Buy Gold and Agriculture / Commodities / Gold and Silver 2010
By: Eduardo_Moreno
Last year it did not matter what you bought, you made money. Today, many are shocked by the drop in stocks, silver and gold. One simple explanation for the drop in silver and gold could be the strength of the dollar. This alone will affect the value of commodities that are priced in dollars. But then, why are agricultural commodities like wheat or soybeans going up? Shouldn´t they also be going down? They are also commodities priced in dollars.
Friday, February 05, 2010
Gold and Silver Break Bull Market Up-Trend / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD slumped to a fresh 3-month low for Dollar investors at the start of Friday's trading in London, bouncing $10 higher to $1060 on news that the United States shed another 20,000 jobs last month.
Analysts had forecast a small increase in non-farm payrolls. The US has now lost 6.5 million jobs since Jan. 2008.