Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, January 07, 2010
Marc Faber Says Gold Is Cheap at $1100 Per Ounce / Commodities / Gold and Silver 2010
Global investing guru and publisher of the infamous Gloom, Boom and Doom report Marc Faber says gold is cheap at $1100 per ounce, reports Commodity Online from its Singapore office.
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Thursday, January 07, 2010
Commodities Rally Could be Hit by Non Farm Payrolls On Friday / Commodities / Commodities Trading
Overall this week has not been that exciting. Volume is below average as the big money traders slowly get back into action and wait for Fridays economic data to come out.
We have seen gold, silver and oil put in a nice rally this week but they are still not in the clear. If we get flat or better unemployment numbers we should see the US dollar rally. This seems to be exactly what the chart is telling us when using technical analysis. Here are the numbers for Friday.
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Thursday, January 07, 2010
Gold 2010, This Time Is Different? / Commodities / Gold and Silver 2010
Buying gold today is a bet on things staying all too much the same...
TWO-THOUSAND-and-NINE should have been the year gold took a breather.
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Thursday, January 07, 2010
Gold Forecast Trend for January 2010 / Commodities / Gold and Silver 2010
The chart below is the ETF for gold (GLD). The chart will at first seem busy but we will take it one at a time and use it as a basis to map out the outlook. Let's start from the top.
Cycle - The typical gold cycle has a peak price between Mid February/March and a secondary bounce into May/June. In the chart below we can see the long term peaks hitting the top of the upper channel line. (Gold Arrows) The next peak is not due until this mid winter. But we hit the top of the LONG TERM UPPER CHANNEL LINE....a line that has marked the upper boundary of all the gold market peaks during last decade. Did we just get our cycle peak early?
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Thursday, January 07, 2010
Inflationary Commodity Super Cycle Bull Market Ready to Rumble in 2010 / Commodities / Investing 2010
The colossal V-shaped recovery of the global stock markets in 2009 was indeed, the most remarkable feat, ever engineered by the “Plunge Protection Team,” (PPT). Step by step, the Federal Reserve, the US Treasury, and its key allies in the “Group-of-20” nations,rescued the world’s top financiers from their own greedy mistakes. The staggering size of the G-20’s rescue package, totaling about $12-trillion, was equal to a fifth of the entire world’s annual economic output.
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Wednesday, January 06, 2010
Crude Oil Prices Back Near $82 / Commodities / Crude Oil
Oil prices have started the New Year with a bang as the price of a barrel of crude oil currently sits just below $82 in early Wednesday (January 5th) trade on the New York Mercantile Exchange.
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Wednesday, January 06, 2010
China's Private Gold Demand Beats 2009 Forecast / Commodities / Gold and Silver 2010
THE WHOLESALE PRICE of investment gold rose further in Asia and London on Wednesday, breaking 12-session highs above $1130 an ounce as world stock markets struggled and the Dollar ticked higher on the currency market.Read full article... Read full article...
Wednesday, January 06, 2010
Commodites Bull Market Will Roar Like a Tiger in 2010 / Commodities / Investing 2010
Headline Trends
2010, a year of the Tiger for the Chinese starts with accentuated 'Asian decoupling' relative to OECD countries, where slow economic recovery from the 2008-2009 recession is presently the norm. Further into 2010 this may change, becoming inflation-pulled economic growth for the OECD group, with serious risks of 'interest rate medicine' being applied by central bankers.
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Wednesday, January 06, 2010
Commodities Investing, Does The Size of Your Portfolio Matter? / Commodities / Resources Investing
In the natural resource and precious metals sectors there are literally thousands of companies available from which to choose to include in one's portfolio. There are a lot of great companies and some, well, questionable choices. Screening out favorites might mean subscribing to several investment services and listening to the views of professionals. Then you must decide on how many of these companies in which to actually purchase shares.
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Wednesday, January 06, 2010
Silver Surges and Gold Rises as Oil Hits 15-Month High / Commodities / Gold and Silver 2010
Gold rose again yesterday (marginally) and then dipped to $1,118.50/oz overnight and has recovered since. Gold is currently trading at $1,125.00/oz and in euro and GBP terms, gold has risen and is trading at €784/oz and £702/oz respectively. Gold is back above £700/oz as sterling has weakened on increasing concerns about the very large UK fiscal deficits. Gold priced in euro also remains robust as there are lingering concerns about the problems in Iceland but more importantly in Greece (not to mention Ireland and Spain).
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Wednesday, January 06, 2010
Bob Moriarty Forecasts Boom Time for Gold Stocks 2010 / Commodities / Gold and Silver 2010
321gold founder Bob Moriarty returns to The Gold Report for a lively exclusive interview about what he sees as the best investments for 2010. "Last year it was gold," says Bob, "and this year I believe it will be gold shares." Noting that Bernanke 'destroyed the financial system of the world,' Bob sees two possible outcomes—a deflationary collapse wherein the U.S. refuses to pay back its $10 trillion debt, or hyperinflation. "Those are the only two alternatives," he says, "and either is pretty bad."
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Wednesday, January 06, 2010
Gold Rally On First Trading Day of 2010, But Is The Bottom In? / Commodities / Gold and Silver 2010
The precious metals moved higher in the first trading session of 2010, which is traditionally known as a bullish sign for the whole following year. However, this single session does not determine the direction in which metals will head in the following days / weeks - there are other tools that need to be applied in order to find the most probable shor-term outcome. In the following essay I will focus on the current situation on the gold market (charts courtesy of http://stockcharts.com) and its implications for long-term Investors and short-term Speculators.
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Wednesday, January 06, 2010
Five Reasons Why You Should Own Silver Coins / Commodities / Gold and Silver 2010
There are a multitude of reasons the average investor should have at least some of their assets invested in silver. Consider these five reasons that can help you grow your assets while preserving your wealth.
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Wednesday, January 06, 2010
Why Precious Metals Investing Has Only Just Begun / Commodities / Gold and Silver 2010
As with any commodity or investment, the rules of supply and demand make the biggest impact on price. Today's precious metals investors have only seen the ground floor of an explosion in the popularity of gold and silver as an investment.
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Tuesday, January 05, 2010
Gold Rally Triggers Buy Stops as Crude Oil Leads Commodities Surge / Commodities / Gold and Silver 2010
THE PRICE OF GOLD eased back from its strongest Dollar and Euro prices in nearly three weeks in London on Tuesday, holding above a one-month high of £700 per ounce for UK investors as European shares and US stock futures held flat.
The CRB commodities index rose almost 2% as sugar neared a three-decade high and US crude oil contracts touched $82 per barrel – more than twice the price of 12 months ago.
Tuesday, January 05, 2010
New Year Optimism Sees Financial Markets Rally / Commodities / Gold and Silver 2010
Gold rose 2% yesterday and reached as high as $1,128/oz overnight and has steadied near these levels since. Gold is currently trading at $1,125.00/oz and in euro and GBP terms, gold is trading at €780/oz and £702/oz respectively.
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Tuesday, January 05, 2010
Gold, Silver and Financial Markets Outlook for 2010 / Commodities / Gold and Silver 2010
Welcome to 2010 and a happy New Year to all from the GoldOz team. I have been looking at the trends, contemplating chart technicals and talking to some equity & finance analysts. This year will initially see a continuation of the trends established in 2009. I understand that this seems like a bland statement. The stock market reads future trends and outcomes at times and has factored (government sponsored) growth this year. Thanks to the vast overflow and after effect of the stimulus capital flows this will come to pass initially and therefore I consider that the highest probability is that the stock market rally will continue in the first half.
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Tuesday, January 05, 2010
Fed Statements Clear Any Doubts of Gold Hitting $1,700 / Commodities / Gold and Silver 2010
We must applaud the leadership of the Federal Reserve. That group is certainly attempting to be more efficient. Why wait till later in the year? Do it early, and get it done. Make a speech filled with what may go down as the height of economic drivel on the 2nd day of January, rather than later in the year. Maybe Chairman Bernanke thought if he spouted economic nonsense early in the year, most would forget his blundering leadership by year end.
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Tuesday, January 05, 2010
Gold GLD ETF and the U.S. Dollar Into Early 2010 / Commodities / Gold and Silver 2010
Since December 22nd, GLD has been bouncing back from a steep and swift sell-off from its early December peak. The question is, can it recover or will it fail to make new highs in 2010?
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Tuesday, January 05, 2010
Do Canada's Oil Sands Deserve World's Dirtiest Commodity Label? / Commodities / Crude Oil
“When you think of Canada, which qualities come to mind: the world's peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair, well-governed? Think again. This country's government is now behaving with all the sophistication of a chimpanzee's tea party.
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