Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, December 20, 2009
Silvers Failure to Breakout Means Get Out or Get Reamed / Commodities / Gold & Silver 2009
Silver’s failure to break out to new highs during gold’s recent ramp was a clear non-confirmation with bearish implications. The underlying weakness is given added emphasis by the marked convergence of the major uptrend in force from October - December of last year. We can see this on silver’s 2-year chart.
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Sunday, December 20, 2009
Gold GLD and Oil USO ETF BubbleOmics Mis-pricing / Commodities / Gold & Silver 2009
Since it was “freed” from the dollar in 1971 and until quite recently the history of Gold was (1) central banks (allegedly) attempted to keep the price down by manipulating the market, and (2) there was a reasonably good correlation between the price of gold and the price of oil.
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Sunday, December 20, 2009
Gold Disaster Ahead? / Commodities / Gold & Silver 2009
Thursday was a bummer. Is there a disaster ahead? The "blow-off" is continuing as expected but for how long? Questions, questions, but do we have any answers? Let's see.
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Saturday, December 19, 2009
Gold Beware Detour Dead Ahead / Commodities / Gold and Silver 2010
GOLD MONTHLY
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Saturday, December 19, 2009
Gold Bull Market Is Nowhere Near the Top / Commodities / Gold & Silver 2009
The U.S. dollar has reigned as the world's reserve currency for more than 60 years. That's a real anomaly in the history of paper money, according to Stansberry & Associates Investment Research founder Porter Stansberry, but the dollar's days on the throne are numbered. With a sea-change in the monetary system on the horizon—and drawing ever-nearer as more and more U.S. creditors turn toward hard assets and away from paper dollars—he tells The Gold Report in this exclusive interview that the world is approaching a return to "at least a de facto gold standard." Porter does not recommend bullion as "insurance" (because that suggests hope for the dollar when there is nothing to pin hope on) but rather as "the perfect natural money."
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Friday, December 18, 2009
World Wide Economic Depression, Maybe Its Time to Become a Farmer? / Commodities / Great Depression II
Jim Rogers, if nothing else, has no axe to grind when he shares his observations on the markets. Unlike most of the Wall Street analyst, he actually does some serious homework on his investment themes. For example, between January 1, 1999 and January 5, 2002, Rogers traveled through 116 countries, covering 245,000 kilometers, seeing what was going on in the world first hand.
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Friday, December 18, 2009
Is Financial Markets Volatiltiy a Bad Sign for the Gold Price? / Commodities / Gold & Silver 2009
Gold, is it inherently Volatile?
A 5% correction in one day, is this reasonable? That happened to gold and many would say was consistent with its reputation as a volatile market. But at the same time most markets reflected the same volatility and have recently been doing so regularly. Actually, gold’s reputation as a volatile market [when others are stable] is misplaced.
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Friday, December 18, 2009
Gold and Silver Correct But What If The Stock Market Really Plunges? / Commodities / Gold & Silver 2009
The recent tumble in the price of gold came as no surprise to experienced technical traders and to readers of Premium Update. We gave you a heads up to close out your speculative gold positions before the beginning of the correction. Keep in mind that even the strongest bull markets need to pause and correct before moving higher. I’m not even sure that the decline we have seen so far should be labeled a correction.
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Friday, December 18, 2009
Gold HUI Stocks Recovery / Commodities / Gold & Silver Stocks
One year ago this week, I wrote about the end of the gold-stock panic. As measured by its flagship HUI gold-stock index, this sector plummeted an unbelievable 52% in a matter of weeks in October 2008. It was an epic catastrophe and its aftermath is still reverberating through gold stocks to this day. All of 2009 has been defined by gold stocks’ recovery from this unprecedented panic anomaly.
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Friday, December 18, 2009
Crude Oil Slides Back Toward $74 / Commodities / Crude Oil
As temperatures plummet with the winter months in many parts of the US, some speculators appear to be expecting increased crude demand to result. Benchmark crude oil prices were up $1.22 to $73.87 in early Friday (December 18) morning trade on the New York Mercantile Exchange.
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Friday, December 18, 2009
Gold Falls as U.S. Dollar Gains Despite Iran Iraq Conflict Risk / Commodities / Gold & Silver 2009
Gold dipped sharply to $1,094/oz yesterday and recovered to range trade from $1,104/oz to $1,109/oz overnight. Gold is currently trading at $1,101.00/oz and in Euro and GBP terms, gold is trading at €770/oz and £683/oz respectively. Gold has given up its early gains and is trading flat on the day so far. Further dollar strength on speculation that the Federal Reserve may begin increasing interest rates sooner than expected has contributed to further falls in the gold market.
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Friday, December 18, 2009
Gold Bounces from 6-Week Low as Oil Jumps on Iranian "Incursion" of Iraq / Commodities / Gold & Silver 2009
THE PRICE OF GOLD bounced from its lowest Dollar-level since Nov.8 early in London on Friday, trading back above $1100 an ounce as world stock markets also rose but headed into the weekend nearly 1% down for the week.
Nearing a weekly gain vs. the Euro above €770 an ounce, gold showed its third week-on-week loss for UK and US-Dollar investor, down 7% and 10% respectively from early Dec.'s all-time record highs.
Friday, December 18, 2009
Professional Commodity Traders / Commodities / Commodities Trading
When you watched the last Super Bowl game did you see how the Pittsburg Steelers overcame the Arizona Cardinals? I was impressed by the professional way they performed. They did not beat themselves by making mistakes. A professional regardless if in sports or in any field makes fewer mistakes than others.
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Friday, December 18, 2009
Gold Price Pullback Looks Set to Continue / Commodities / Gold & Silver 2009
The uptrend in Gold over the last few months was characterized by steady acceleration and muted setbacks. The 27-Nov Dubai sell-off, albeit brief, suggested growing fragility and, after certain Fibonacci projections were reached, the market finally started to let off steam. There should be further downside prior to resumption of the long term uptrend.
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Friday, December 18, 2009
Crude Oil and Natural Gas Forecast 2010 / Commodities / Crude Oil
"If gas stays in the $5–$6 range, that's what I would call purgatory," says Oil & Gas Investments Bulletin writer Keith Schaefer, adding "and anything less than that would just be hell." Learn about new technologies that are greatly increasing the amount of recoverable oil in the world and find out why Keith warns investors to be very, very selective, particularly in Canadian natural gas stocks in this exclusive interview with The Energy Report.
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Thursday, December 17, 2009
Agricultural Food Production and Arable Land and Water Trends / Commodities / Agricultural Commodities
“If you can tell me something else where the fundamentals are so attractive…I’d be happy to put my money there, but I don’t know of any other place” – JIM ROGERS ON AGRICULTURE
In part one, I spoke a bit about the increasing demand for agriculture due to increasing population over time, and how this is expected to continue. I also mentioned that stockpiles are diminishing and in some markets are making historical lows.
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Thursday, December 17, 2009
Gold Falls Hard on Stronger U.S. Dollar / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell hard in Dollars but held flat for non-US investors early Thursday in London following yesterday's Federal Reserve statement on monetary policy.
Vowing to keep interest rates at zero "for an extended period", the Fed said it will withdraw "emergency liquidity facilities" by Feb. 2010 – including the unlimited Dollar-swaps currently offered to central banks globally.
Thursday, December 17, 2009
Gold Enters Silly Season Trading Zone / Commodities / Gold & Silver 2009
We are already in the “silly season” and what I mean by that is after December 15 most traders are not serious about the markets and they’re not committed to any large positions for the balance of the year.
I've had a number requests to do a video on gold, so here it is. As you will see in the video, gold has fallen back to an area that should provide support, however it will remain choppy and thinly traded for the balance of the year.
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Thursday, December 17, 2009
Crude Oil Headed Lower? / Commodities / Crude Oil
The crude oil market continues to soften and is now close to some important levels that I think we should look at. In my new video we look at what is happening in this market right now and what we expect to happen in the future.
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Thursday, December 17, 2009
Gold Supported by Risk Aversion on Sovereign Debt Risk / Commodities / Gold & Silver 2009
There were no surprises from FOMC meeting yesterday and gold rose 1% despite dollar strength and US equities remaining flat. One of the FOMC statement notes may prove important for gold's outlook and this was that the emergency liquidity facilities will be removed on 1st February, 2010.
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