Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, January 25, 2010

Gold Unfinished Business on the Downside / Commodities / Gold and Silver 2010

By: Mike_Paulenoff

If my work in spot gold is accurate, then the SPDR Gold Shares (NYSE: GLD) has unfinished business on the downside that will break the Dec-Jan lows at 105.31 and 106.01, on the way to 103.00-100.00 to complete the larger correction off of the 12/03 high at 119.54. For such a new downleg to emerge, my suspicion is that gold weakness will be a function of a sharp surge in the dollar. The question is what will trigger a flight to dollars. Global stock market weakness? European economic and/or “union” disintegration? Or continued fears of a contraction in China?

Monday, January 25, 2010

The Case for the Commodities Bull Market in 2010 And Beyond / Commodities / Investing 2010

By: Frank_Holmes

The biggest emerging economies have ambitious plans that require a greater share of the world’s limited commodities. This trend is spurring profound and permanent disruptions in how these resources are allocated now and in the future. For investors, these disruptions present opportunities.

Simply put, an investment in natural resources is a vote of confidence in global economic growth.

Monday, January 25, 2010

Gold Following Euro Lower on Greece Debt Default Fears / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD failed to hold a brief rally above $1100 an ounce early in London on Monday, slipping back against all major currencies as Asian and European stock markets fell for the fourth session running.

US stocks ended Friday with their worst weekly loss since March 2009, back when the S&P 500 index hit a 12-year low.

Monday, January 25, 2010

Gold and Financial Markets Await Bernanke Re-Nomination / Commodities / Gold and Silver 2010

By: GoldCore

Gold is trading at $1,102/oz. In euro and GBP terms gold is trading at €777/oz and £682/oz. Support for gold is currently seen at $1,076/oz and resistance at $1,115/oz. Some calm has returned to markets in Europe after the sell off on Wall Street Friday and in Asia overnight.

Sunday, January 24, 2010

Gold Scary Price Drop, When Every One Panics, Buy? / Commodities / Gold and Silver 2010

By: Merv_Burak

This week’s gold price drop almost looks scary but I’ll wait for a drop below $1075 before getting all flustered.  The potential head and shoulder pattern (mentioned in previous weeks) remains in effect until then.

Sunday, January 24, 2010

Oil Stocks, a Cheap Way to Buy Crude Oil Reserves / Commodities / Crude Oil

By: DailyWealth

Chris Mayer writes: We really don't know as much about the oil market as we think we do.

There are many numbers out there, but most of these involve a lot of guesswork. For example, we really don't know just how much oil the world will need. The U.S. Department of Energy says we'll need 106.6 million barrels a day by 2030, but how does it know? It can't know. It can't know what the world will look like in 2030.

Sunday, January 24, 2010

A Crucial Number for Silver Investors / Commodities / Gold and Silver 2010

By: DailyWealth

Six years ago, on January 15, 2004, I officially recommended silver for readers of my Weber Global Opportunities Report.

We'd had silver stocks, and I'd owned silver personally, but I was waiting for silver to fall in order to get in at a better price for the newsletter readers.

Saturday, January 23, 2010

Gold Price Could Crash Below $1,000 / Commodities / Gold and Silver 2010

By: LewRockwell

David Lew writes: After the historic boom, is gold price climbing down to $1,000 per ounce, to confirm to the controversial prediction that noted economist Nouriel Roubini made some weeks back? It looks so as gold is going bearish, in the weight of economic nervousness coming from the two important countries that matter – United States and China.

Saturday, January 23, 2010

Crude Oil Market Summary for the Week Ahead 18th to 22nd Jan 2010 / Commodities / Crude Oil

By: OilPrice_Com

New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate futures down more than 4% in the second half of the week to below $75 a barrel by Friday.

Saturday, January 23, 2010

Gold is Money and Insurance Not an Investment, Tougher Year for PM Stocks / Commodities / Gold and Silver 2010

By: The_Gold_Report

Itchy money made 2009 one of the best years on record for the junior resource sector, according to Mickey Fulp, the Mercenary Geologist. In sector terms, it won't be so easy to prosper in 2010, but nevertheless he's confident about the prospects ahead for specific companies that remain undervalued with respect to their peers. Further, he tells The Gold Report in this exclusive interview, by careful consideration of three key criteria—share structure, people and projects—investors have a strong chance of picking up equities that could double within 12 months.

Friday, January 22, 2010

Counterfeit Gold, China's Next Big Fake Goods Export Market? / Commodities / Gold and Silver 2010

By: Doug_Horning

Dude Is That Gold Bar for Real?

As the 10-year gold bull continues its stunning run, rumors of fakery seem to be cropping up as fast as new Eagles can be minted. Should you be worried? Do you need to run to the coin shop for a home test kit?

Friday, January 22, 2010

Gas Prices Falling in Line With Crude Oil Prices / Commodities / Gas - Petrol

By: LiveCharts

While declining oil prices over the last week have not necessarily caught the attention of consumers as much as they have speculators and impacted businesses, falling gas prices have. Friday (January 22) marked the seventh consecutive day of falling fuel prices with the current national average at $2.73, according to Wright Express and the Oil Price Information Service.

Friday, January 22, 2010

Silver Bull Market Seasonal Trend Analysis / Commodities / Gold and Silver 2010

By: Zeal_LLC

Seasonality, the tendency for prices to consistently move in the same direction at particular times in the calendar year, is always fascinating.  While it is intuitive for commodities dominated by orbital-mechanics-driven annual patterns, such as natural-gas demand surging in the cold winters, seasonality also exists in commodities without clear calendar connections.

Friday, January 22, 2010

Chinese Dragon Rattles Commodities, Gold, Stocks and Brazil / Commodities / Financial Markets 2010

By: Gary_Dorsch

Although the US remains the world’s #1 economy it’s increasingly feeling the heat of a Chinese dragon, breathing down its neck. At the beginning of the twenty-first century, the US-economy was eight-times larger than China’s - a decade later the figure was down to four-times. China’s $4.9-trillion economy has already passed Germany’s to become the world’s third largest, and is on course to overtake #2 Japan this year.

China has emerged to become the world’s largest exporter, shipping $1.2-trillion of goods abroad last year, and overtaking Germany, which held the title of world’s biggest exporter since 2002.

Friday, January 22, 2010

Is Gold's China Plunge A Physical Bullion Buying Opportunity? / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD held above yesterday's 3-week low in London on Friday, trading at $1093 per ounce as Asian stocks closed the week 5% lower on further signals that Beijing is moving to curb China's runaway credit growth.

Crude oil fell below $76 per barrel. Western government bonds rose.

Friday, January 22, 2010

Obama and Volcker Banking Reforms Spook Markets / Commodities / Gold and Silver 2010

By: GoldCore

Gold fell a further 1% yesterday and is trading at $1,093.80/oz. In euro and GBP terms gold is trading at €774/oz and £673/oz. Support for gold is currently seen at $1,088/oz and resistance at $1,112/oz.

Friday, January 22, 2010

Silver Commodity Bears Look Well-Placed / Commodities / Gold and Silver 2010

By: Seven_Days_Ahead

The impressive 2009 recovery in Silver began to show signs of maturing in the latter part of the year, with price action in Dec giving a hint of bear fatigue. We remain content with the bearish stance that we hold in the Commodity Specialist Guide and now expect to see further confirmation of this.

Thursday, January 21, 2010

Investors Race to Buy Up Rare Earth Elements in 2010 / Commodities / Metals & Mining

By: The_Energy_Report

Mercenary Geologist Mickey Fulp says that 2009's "flavor of the year"—rare earth elements—will sport that same label in 2010. A major driving force, the momentum building in green technology, is expected to take global consumption to 200,000 tons annually by 2015 (from approximately 108,000 tons in 2007). At the same time, tight supplies will shrink further for at least another two or three years, until deposits outside China ramp up into production. Among the companies Mickey likes in the space are the integrated mine-to-market players. In this exclusive interview with The Energy Report, he also tells us he's bullish on uranium, too, but finds it scary to see likes of Kazakhstan emerging as the world's top supplier.

Thursday, January 21, 2010

Gold and Silver Plunge, The Final Part of The Downswing? / Commodities / Gold and Silver 2010

By: Przemyslaw_Radomski

Although the picture this past year has been bleak, there are plenty of bright spots around the world.  We touched on this point in one of our recent essays, and we would like to elaborate further. In economic terms, this decade was very kind to countries like China, India, Brazil and Indonesia.  If you exclude the U.S., they also happen to be the four most populous nations in the world (The U.S. ranks third.) Together, they account for more than 40 per cent of the world’s population. All four countries have made remarkable progress this decade in terms of economic growth and standards of living.

Thursday, January 21, 2010

Reasons Why Silver is the Most Undervalued Commodity / Commodities / Gold and Silver 2010

By: Dr_Jeff_Lewis

Silver prices still have a long way to rise before reaching their top.  From industrial applications to its relative value, it’s easy to make the case that silver remains one of the most undervalued commodities.