Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, December 17, 2009
Gold Price Held to Ransom by Interest Rates / Commodities / Gold & Silver 2009
It’s all gone wrong. The momentum has stopped. Gold’s run has been stunted. Now we need to work out if this is a short term top or a more permanent feature.
Gold looks very pivotal right now. All eyes are on the direction of the dollar. Any hints of interest rate rises will induce a bullish dollar sentiment which would in effect result in a lower gold price. Because of today’s uncertainty the gold price is being held to ransom by speculators reacting to news and data.
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Thursday, December 17, 2009
Crude Oil Super Down Trend, Options Play for Next Wave Down / Commodities / Options & Warrants
This Article Focuses On Buying Bear Put Spreads in CRUDE OIL
MY ANALYSIS
Fundamentally, OPEC has raised it's demand outlook for the coming year possibly causing the recent bounce in price. This rally is very unimpressive to me allowing for an opportunity to buy puts.
Thursday, December 17, 2009
Stocks and Commodities Christmas and New Year Trading Trends / Commodities / Commodities Trading
It’s been a great week so far. Stocks and commodities are moving as expected from my weekend trading report. I like to see the market unfold in a calm collected manner.
The US dollar has made a nice move in the past couple weeks. Although it has broken out of its down channel I think there is a lot of short covering going on making this bounce more powerful than others. Also it is important to note that it is near resistance which could dampen things around the $77-77.5 level. If the dollar heads back down I expect gold to start making a move back up which it started to do Wednesday.
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Thursday, December 17, 2009
Political Decision Making Process Guarantees Much Higher Gold Prices / Commodities / Gold & Silver 2009
"Lack of confidence in the gold price bull prevails. Almost everyone seems obligated to hedge when predicting price, in spite of having marshaled an array of intimidating and compelling facts and arguments" says Arnold Bock and in his article below he questions why there is so much reluctance.
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Thursday, December 17, 2009
What Does Global Warming Have to Do with Energy Stocks? / Commodities / Oil Companies
Marc Bustin Ph.D writes: Over the last couple of years, consideration of the effect of climate change has become increasingly important in analyzing a company or market trend — particularly in the energy sector. For example, our very bearish view on the thermal coal producers in North America is due exclusively to the high levels of carbon dioxide that coal-fired power plants generate, and the widely held belief that these emissions contribute to global warming.
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Thursday, December 17, 2009
Gold Beginning of the Current Cycle to $2,000 / Commodities / Gold & Silver 2009
We recently had a chance to interview David Morgan of the Silver-Investor.com—home of The Morgan Report a financial newsletter focusing on Money, Metals, and Mining.
David Morgan is one of the leaders in forecasting growth and value in silver, gold, rare earth elements and other resource opportunities. He offered his thoughts on everything from the future of the U.S. dollar to the current silver and gold price cycle.
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Thursday, December 17, 2009
Gold Price Meteoric Rise Cannot Be Stemmed by Central Bank Agreements / Commodities / Gold & Silver 2009
As the price of gold has pulled back from its recent run up to $1,200, many investors are left to ponder what exactly drives the movement of such an important and financially sensitive commodity.
Most people are aware that gold prices respond to inflation expectations and that central banks, as the largest holders of gold, are big players in the market. But there is a very murky understanding as to why and how these players affect prices, and what their ultimate goal may be.
Thursday, December 17, 2009
Chicken Little Nouriel Roubini Says Gold Apparently Has No Intrinsic Value? / Commodities / Gold & Silver 2009
Gold has no value. Whereas the Dollar...?
NOURIEL ROUBINI was "one of the few to predict the financial crisis" reckons the Financial Times. Yet plenty of other chicken littles, amateur and professional, had long warned of trouble ahead, too.
Thursday, December 17, 2009
China's Strong Impact on Precious Metals, But Silver Yet to Bottom / Commodities / Gold & Silver 2009
In my previous essay, apart from commenting on the current situation and suggesting that gold did not reach a major bottom yet, I also examined the situation in China. I wrote the following:
Considering the high savings rate in China (mostly in the 30% - 40% area in the previous years), gold is a logical investment for the Chinese and it’s possible that billions of dollars in Chinese private investment could move into gold in coming years. Already there is talk of China overtaking India as the world’s largest consumer of gold.
Wednesday, December 16, 2009
Gold Bounces as Bernanke Makes Inflation Present and Dangerous / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rose in Asian and early London trade on Wednesday, recovering one-fifth of the last fortnight's 10% drop vs. the Dollar and hitting one-week highs against the Euro ahead of today's interest-rate announcement from the US Federal Reserve.
The Fed statement, due at 14:15 EST (19:15 GMT), is not expected to signal any change to the US central bank's current zero-rate policy.
Wednesday, December 16, 2009
Oil Companies that Won Iraq Crude Oil Bids / Commodities / Oil Companies
Jason Simpkins writes: Iraq has auctioned off more proven oil reserves in the past six months than are collectively held by the United States, Mexico, and the United Kingdom.
But U.S. oil companies have signed surprisingly few development contracts – foreign rivals have swooped in to scoop up major deals.
Wednesday, December 16, 2009
Gold Market Awaits FOMC U.S. Interest Rate Statement / Commodities / Gold & Silver 2009
Gold and silver were largely unchanged yesterday. Gold is currently trading $3 higher at $1,134/oz due to dollar weakness ahead of the FOMC meeting later. In euro and GBP terms gold is trading at €778/oz and £694/oz. Support for gold is currently seen at $1,113/oz and resistance at $1,149/oz.Read full article... Read full article...
Wednesday, December 16, 2009
Essential Trading Tips for the Junior Mining Shares Investing / Commodities / Metals & Mining
We suggest that investors be aware of the high risk of investing in this sector as well as the spectacular potential rewards. Investors are encouraged to focus on companies with excellent management, excellent properties and cash in the bank. This will greatly increase our chances of success along with learning the trading tips which follows.
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Wednesday, December 16, 2009
Profiting in a Falling Commodity Market / Commodities / Commodities Trading
Anything can happen in commodity trading. As much as inflation can come about there can be deflation and result in a declining market. Most people do not think it is possible to profit in a declining market. This could not be further than the truth. As long as there exist trends profits can be made on the upside or on the downside. However on the upside there is no limit how high it can go…so there is statistically more profits on the upside.
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Wednesday, December 16, 2009
Gold Price Crash, Deja Vu All Over Again / Commodities / Gold & Silver 2009
Gold seems to have found a resistance level. It could be the 1 year cycle high that was suspiciously absent when I wrote, article for M.O."Gold, a Cyclical Recipe for Disaster"
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Tuesday, December 15, 2009
Why Precious Metals Aren't in a Bubble / Commodities / Gold and Silver 2010
Critics of precious metals investing have called gold and silver a bubble, further claiming that today's higher prices will fade as economic conditions improve. Although gold and silver prices are much more expensive than they were even a few years ago, gold and silver are hardly near bubble status.
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Tuesday, December 15, 2009
Easy Dollars vs. Hard Silver, Profiting from Obama’s Inflation / Commodities / Gold and Silver 2010
Barack Obama has charged banks with the task of lending more money to consumers and businesses in an effort to stimulate the economy. Luckily for gold investors, easy credit and greater loan activity have always meant higher precious metal prices.
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Tuesday, December 15, 2009
U.S. Dollar Hedging Strategy Using Golden Commodity Currencies / Commodities / Canadian $
Discovery Investing pioneer Dr. Michael Berry's number-one hedging strategy against the struggling U.S. dollar is to simply own currencies of the commodity countries—of which Canada is his favorite. When Michael grew up in Canada, he recalls its currency— now fondly known as the loonie because of the image of the loon used on the die for the back of the C$1 coin—always being worth more than the U.S. dollar. We'll be revisiting those good ol' days within the next year, he predicts, as the Canadian dollar reaches parity with the greenback and then goes beyond.
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Tuesday, December 15, 2009
Gold Correction Targeting and Inter-market Dynamics / Commodities / Gold & Silver 2009
The following excerpt is a small sampling of this week’s full market wrap report, which covers all the major markets in detail, with the emphasis on gold and the precious metals. Before covering the pm sector, I’d like to discuss some inter-market dynamics that have contributed to the hot money flows recently affecting the markets.
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Tuesday, December 15, 2009
Gold Near-Term Trend Analysis and Forecast / Commodities / Gold & Silver 2009
Can Gold hold the channel? What are we referring to? First, let us go back to the end of 2005. The chart shows how a parallel channel contained Gold’s move from 2001 to 2005. The first move above $500 reversed after hitting channel resistance. Yet, the market would immediately surge above the channel to $575. Then the market corrected for five weeks and two weeks later broke to a new high.
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