Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, January 08, 2010
Gold Moves Higher, Start of a New Upleg? / Commodities / Gold and Silver 2010
The decade just ended was one in which the U.S. endured two market crashes, one at each end of the decade, the terrorist attacks of 9/11, a war in Afghanistan and a fiasco in Iraq that still drag on, Wall Street scandals highlighted by Enron, Hurricane Katrina, and the recent near economic meltdown. Is it any wonder then that Time Magazine couldn’t quite decide how to call this decade? The magazine came up with a few names: Decade from Hell, or the Reckoning, or the Decade of Broken Dreams, or the Lost Decade.
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Friday, January 08, 2010
HSBC Says "Get Your Gold the Hell Outta Here!” / Commodities / Gold and Silver 2010
Doug Hornig writes: That’s the directive that came down from HSBC USA in late November.
It seems that everyone these days wants gold. Real, physical gold coins that they can hold in their hands, or bars that they’re assured are resting safely in a well-guarded vault. HSBC’s New York vault, for example, buried deep below its 5th Avenue tower, where it has stored people’s gold since it inherited the facility from Republic Bank a decade ago.
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Friday, January 08, 2010
One More Nail In The Coffin Of The Gold Bears / Commodities / Gold and Silver 2010
“The State is that great fiction by which everyone tries to live at the expense of everyone else.” ….. Frederic Bastiat.
The bullish case for gold continues to build. The old adage ‘more dollars chasing fewer goods’ is particularly apt for gold.
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Friday, January 08, 2010
Gold Price Spikes Higher as U.S. Jobs Report Disappoints / Commodities / Gold and Silver 2010
Just when it appeared that the gold price was ready to reverse its long-running and fast-paced upward trend, speculators have begun to jump back in. After falling to a 60-day low of $1,080.50, the price of gold reached its highest point in just over a month at the close of New York trade on January 6th.
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Friday, January 08, 2010
Inflation Pressures Heating Up, Again! / Commodities / Inflation
The composite indicator that measures the trends in gold, crude oil, and yields on the 10 year Treasury will end the week in the extreme zone, and this should be a headwind for equities. Inflation pressures, whether real or perceived, are heating up. See figure 1 a weekly chart of the S&P500 with the indicator in the lower panel.
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Friday, January 08, 2010
Gold Price Suppression and Management to End / Commodities / Gold and Silver 2010
Is the Gold Price really Managed or Suppressed?
We have absolutely no doubt that the gold price has been and may well be, being either suppressed or managed.
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Friday, January 08, 2010
Copper Bull Market Correction / Commodities / Metals & Mining
Copper has enjoyed a spectacular run higher. In calendar 2009 as it emerged out of the stock-panic-induced commodities-price crash, it rocketed 153.2% higher! Such performance is just staggeringly good, even by the high post-panic standards. Over this same span the flagship CCI commodities index (which includes copper) only rallied 32.1%. And gold, which captivated traders in recent months, was only up 24.3% in 2009.
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Friday, January 08, 2010
U.S. Dollar vs. Gold Forecast 2010 / Commodities / Gold and Silver 2010
In my last column, my predictions for 2010 (or at least the first part of it) were that both the stock market and commodities are destined for a fall, and that the dollar is the only major asset primed for a significant rise. This generated such reader comments as...
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Friday, January 08, 2010
Gold Stocks and The Market Forecast for 2010 / Commodities / Gold and Silver 2010
David Banister writes: I wrote a post here for ATP called “The bull case is not dead yet”. This ended up as an article on 321Gold.com, which you can review here: Bull Not Dead Article- Banister. I stuck my neck out, which I love to do once in awhile when the contrarian mood strikes me. I wrote a Feb 25th article this year going very bullish on the markets when everyone was bearish. I wrote an article in early August going very bullish gold and gold stocks, when they were not in bull mode. Obviously, if you stick your neck out enough you’ll get your head chopped off, but I only write these every 3-4 months or so… so far, so good.
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Friday, January 08, 2010
Platinum in the Fast Lane / Commodities / Platinum
Many investors know their way around gold or crude oil, but not a lot know what they need to know about platinum. And that’s too bad, because it’s becoming easier than ever to invest in platinum, with a third platinum exchange-traded fund about to make its debut in the U.S. That doesn’t mean you should rush out and buy it — there are some pros and cons to this metal, with potential for rich rewards and equally big losses for the unwary.
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Friday, January 08, 2010
Still Bullish on Gold and Gold Stocks 2010 / Commodities / Gold and Silver 2010
Still all in on Gold and the Gold sector. My Gold is not for sale or trading, it is my cash and cash is king in a secular bear market. My Gold stocks are speculative vehicles with significant inherent risk that I largely trade in and out of, for better or for worse. I remain rabidly bullish on Gold and Gold stocks at current levels.
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Friday, January 08, 2010
Non-Farm Payrolls Sends Gold Higher and Dollar Lower as U.S. Job Losses Continue / Commodities / Gold and Silver 2010
THE WHOLESALE PRICE of gold bullion jumped after falling sharply in Asian trade on Friday, hitting $1130 an ounce after the United States reported much-worse-than-expected job losses for December.
Falling by 85,000 against forecasts of a possible rise, non-farm payrolls shrank for the 23rd month running, taking the total number of jobs lost since Jan. 2008 to 6.4 million.
Friday, January 08, 2010
Commodity Trading Insights for 2010, Interview With Trader Vic / Commodities / Commodities Trading
Written by Lara Crigger : Victor Sperandeo (also known as “Trader Vic”) is one of the world’s most outspoken commodities traders, with over 40 years of market experience. He has invested independently for the likes of George Soros, Leon Cooperman and BT Alex Brown, and has written a book, “Trader Vic on Commodities.”
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Friday, January 08, 2010
Manufacturing Our Economies and the Gold Coup of the Decade / Commodities / Gold & Silver Stocks
The Dollar fell against six other currencies on the U.S. Dollar Index on the back of news from Federal Reserve Governor Elizabeth Duke that “moderate” economic growth is likely to lead to sustained low interest rates.
So whilst the Dollar seems to be struggling but still afloat, the American manufacturing industry seems to be, dare I say, beginning to show symptoms of a recovery.
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Friday, January 08, 2010
Sugar Surge Reaches Key Fibonacci Area / Commodities / Commodities Trading
Last year’s acceleration upward in Sugar prices to a September peak was initially succeeded by bear enthusiasm. This faded in Q4 of 2009 and a bull resurgence has seen new highs, quickly reaching the next technical area on the long term chart – but it could be a struggle to push through this.
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Friday, January 08, 2010
The Price of Construction Materials Is About to Soar / Commodities / Investing 2010
Tom Dyson writes: If you want to know what's going on in the economy, you need to watch the price of lumber...
Housing is the most important asset class in America. When house prices fall, banks fail, consumers cut back, unemployment rises, and the economy collapses. But when house prices are strong, the economy rebounds.
Thursday, January 07, 2010
Mergers Abound in Geothermal Energy Resources Sector / Commodities / Renewable Energy
Although the Copenhagen Climate Conference proved more a lesson in futility than a blueprint for a global energy shift, investors are already chasing green in 2010. But which alt energy source to invest in? One that runs 24/7, according to Steven Li, Senior VP of Technology & Clean Tech at Raymond James. "With geothermal it's always there, all the time," says Li, who examines key drivers for geothermal development and explains how small geothermal companies become "institutionally relevant" in this exclusive interview with The Energy Report.
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Thursday, January 07, 2010
Gold's Steadfast Performance / Commodities / Gold and Silver 2010
Randal Strauss writes: From the end of 2001 ($276.50) to the end of 2009 ($1104.00), gold has exactly quadrupled in value, registering fairly modest and methodical gains each and every year for the past eight years. From any fair-minded assessment, there is certainly nothing frothy or bubbly about its performance of the past year as it compares very typically to the range of these other annual metrics on a percentage basis.
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Thursday, January 07, 2010
Gold Slips as France Slams "Monetary Disorder" / Commodities / Gold and Silver 2010
THE PRICE OF GOLD drifted $10 lower to $1130 an ounce in Asian and London trade on Thursday, holding 3% better for the week so far as world stock markets also fell.
Crude oil slipped back from new 15-month highs above $83 per barrel. US Treasury bonds fell but the Dollar rose on the forex market.
Thursday, January 07, 2010
Gold Investor Caution on Mixed Data and Macro Risks / Commodities / Gold and Silver 2010
Gold and silver rallied another 2% yesterday and gold reached as high as $1,140/oz overnight and has dropped slightly to rang trade between $1,134/oz and $1,131/oz. Gold is currently trading at $1,132.00/oz and in euro and GBP terms, gold is trading at €789/oz and £711/oz respectively.
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