Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, December 08, 2009
Unemployment Discrepancy and its Impact on Precious Metals / Commodities / Gold & Silver 2009
Based upon November’s statistics, investors quickly sold off metals as the Bureau of Labor Statistics’ unemployment rate painted a picture that the recession may finally be coming to an end. Although the BLS statistics were positive, there's still a large discrepancy between the two leading reports.
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Tuesday, December 08, 2009
Hedge Against Hyperinflation, Hard Assets Should Continue to Appreciate During 2010 / Commodities / Investing 2010
The devil will be in the details of the balance sheet when hyperinflation hits. And while lots of companies have been using leverage to drive their ROE (and their stock prices), the structure of their debt may spell the difference between prospering and perishing. Those with low-interest debt that's locked in for a long spell actually will be poised to retire their obligations with cheaper dollars. But woe betide those stuck with floating rates. That's how Sprott Asset Management senior portfolio managers Charles Oliver and Jamie Horvat see what's brewing beyond the horizon, when time comes to pay the price for running the money-printing presses too hot and too long. As Charles and Jamie suggest in this exclusive Gold Report interview, investors who base decisions on the strength and structure of the balance sheet may not do too badly. In fact, they explain how the stock market itself may serve as a hedge against hyperinflation.
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Tuesday, December 08, 2009
Canadian Gold Junior Mining Stocks Soar, Should You Buy Now? / Commodities / Gold & Silver Stocks
For years, gold bugs like Doug Casey and his team have been saying that once gold takes off to stratospheric heights, it will take the gold mining stocks with it. It’s called the “Mania phase” of the commodity bull market.
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Tuesday, December 08, 2009
Q&A with Eric Coffin on Gold and Base Metals Exploration Companies / Commodities / Metals & Mining
I recently had a chance to talk to Eric Coffin, who, along with his brother David, produces the HRA (Hard Rock Analyst) Advisories. Eric, Dave and I have been friends for 15 years and we run into each other several times a year at conferences we all speak at. I’ve talked about some of the companies we both follow in the past few months and wanted to get some more information from “the horse’s mouth.”
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Tuesday, December 08, 2009
UNG, TAN and PBW ETF Beneficiaries of Going Green / Commodities / Energy Resources
Clearly, global warming, climate change, the greening of America and the globe are all front and center in the media these days. Who knows what is true, and what is not about CO2 emissions, etc., but if enough people buy into the going green idea to save planet Earth, then perhaps cleaner energy producers will benefit. Let's have a look at the U.S. Natural Gas Fund ETF chart (NYSE: UNG).
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Tuesday, December 08, 2009
What’s Happening with Iraq’s Crude Oil / Commodities / Crude Oil
As multinational military forces have left Iraq, international petroleum companies have eagerly descended - seduced by the long-term potential of vast oil reserves off-limits to foreigners for decades. Yet lingering violence, legal questions and political uncertainty make doing business in this country a gamble.
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Tuesday, December 08, 2009
Gold Minor Pullback or a Major Correction? / Commodities / Gold & Silver 2009
Donald W. Pendergast writes: Wow – what a week it was in the world of Gold! After charging above $1,200 on the front-month futures contract earlier in the week, Gold finally finished the week on a very weak note, closing below $1,150, which was right above the low established a week earlier in the wake of the Dubai debt debacle. Clearly, Gold is beginning a trend reversal on a daily-based time frame, but the technical picture is less clear over the long-term. Let’s examine a weekly chart for GLD (one of the financial instruments that holds actual Gold) to get a better fix on what might be expected in this volatile market over the next month or so.
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Tuesday, December 08, 2009
Volatile Gold Holds Support / Commodities / Gold & Silver 2009
THE PRICE OF GOLD reversed Monday's 2.4% rally vs. the Dollar early today, only to bounce sharply as world stock markets fell and the Euro currency dropped to a one-month low beneath $1.4750.
The gold price in Sterling and Euros held above £700 and €775 respectively.
Tuesday, December 08, 2009
Reasons Why Commodities Prices Will Continue to Soar In 2010 / Commodities / Commodities Trading
Martin Hutchinson writes: In a Money Morning column last December, I predicted that “commodities may be due for a recovery in 2009.” It’s always nice to be right, but I have to say the move in some commodities has surprised me. Just look at the performance figures for the 12-month period that ended in mid-November.
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Tuesday, December 08, 2009
Gold to be Supported by Investment, Central Bank and Chinese New Year Demand / Commodities / Gold & Silver 2009
Gold recovered some of yesterday's pullback and went as high as $1,164 overnight. Gold is currently trading at $1,162/oz and in euro and GBP terms, gold is trading at €783/oz and £710/oz respectively.
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Tuesday, December 08, 2009
Can You Lose Money By Owning Gold? / Commodities / Gold & Silver 2009
Can You Lose Money By owning Gold? So many gold bugs think this is absolutely impossible. However as a commodity trading advisor… I believe anything can happen and stick to a thought out plan. Let me give you an example, In the 1980s gold reached $1223 and investors were throwing money at gold. However almost 30 years have gone by and nada..I mean even in a savings account someone would have out performed gold. Do you prefer sleeping at night with your gold…are you sure the world will end? Should you blindly follow the hedge fund biggies…like John Paulson,Paul Tudor Jones and David Einhorn?
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Monday, December 07, 2009
Gold in High Risk Period, Could Test Support at $970 / Commodities / Gold & Silver 2009
Chairman Bernanke is in the process of being reconfirmed in his role as Chairman of the Federal Reserve. While some criticism of the Federal Reserve was forthcoming at the Senate hearings, why were not true alternative candidates considered? Henny Penny, for one, comes to mind. One of the Three Blind Mice would also seem to be a good candidate. How about an ostrich that each time an asset price bubble seems possible, it puts its head in the sand?
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Monday, December 07, 2009
New Catalysts for Gold’s Next Big Move / Commodities / Gold & Silver 2009
Gold took a big hit today. As I write, gold is down $51 per ounce.
Wall Street’s momentum-chasing traders, whose new found affinity for the yellow metal helped push gold up 20 of the last 25 trading sessions, are scrambling for the exits today as the monthly jobs report turned out much better than expected.
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Monday, December 07, 2009
Gold Hits 2 Week Low On Temporary U.S. Dollar Rally / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell sharply at the start of London dealing on Monday, extending its drop from Thursday's new record highs to 7.4% as the US Dollar rose and European stock markets fell.
Recording its lowest Gold Fix in London since Nov. 20th at $1147.50 an ounce, the price of gold also hit a two-week low vs. Euros and Sterling.
Monday, December 07, 2009
Gold Heads for 10% Correction to $1,100 Level / Commodities / Gold & Silver 2009
As expected, gold has continued its pullback of Friday overnight and this morning. Gold is currently trading at $1,139.40/oz and in euro and GBP terms, ir is trading at €772/oz and £697/oz respectively.Read full article... Read full article...
Monday, December 07, 2009
Gold Black Friday $80 Plunge Truth / Commodities / Gold & Silver 2009
Well people, it was a bad day on Friday. Barchart reported that the Dec. gold contract went from 1227 at its Thursday high to 1147 at its Friday low – an eighty point difference in a single day.
And yet there be rumors floating through the dark alleys of the Comex that a certain advisory letter sent out a special bulletin interday on Dec. 2, with Dec. gold at 1208,advising its clients to sell their gold stocks.
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Monday, December 07, 2009
Gold GLD and Silver SLV ETFs Forecast Updates / Commodities / Gold & Silver 2009
The last time I wrote about GLD and SLV, November 21, I said this about GLD
It may be a bit extended for new positions as it is quite a bit of distance from all of its MAs. If the current count is correct, GLD may be near the end of its Intermediate wave 3, or that wave may be extending
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Sunday, December 06, 2009
Dubai Derivatives Financial Nuclear Blast Shockwave to Hit / Commodities / Financial Markets 2009
We got the heavy reaction in gold that we had been expecting for some days on Friday. The problem is that we also got a big important breakout in the dollar, which we had acknowledged as a significant possibility for some time. This is not good news for commodities and not good news for the stockmarket either as it signifies the onset of a flight to cash such as we witnessed last year
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Sunday, December 06, 2009
Crude Oil Consolidating Before the Next Big Move Higher / Commodities / Crude Oil
As I recently pointed out on my blog (“The Dollar and Oil”), oil and oil stocks in particular are underperforming the market rally. We have seen inventory builds in the U.S., including a big build this week, but there are many other forces that should be bullish for oil prices, even in the short-term. Here are just some recent examples …
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Sunday, December 06, 2009
Colombian Crude Oil, the Next Big Thing? / Commodities / Oil Companies
The Colombian government has:
- Lifted restrictions on foreigners operating in the oil and gas industries
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