Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, December 04, 2009
Is Gold Price Going Parabolic? / Commodities / Gold & Silver 2009
Gold’s performance over the past month has truly been epic. Since late October, it has soared 18.2% higher. Over a 21-trading-day span, no fewer than 16 days achieved closes at new nominal all-time-record highs! Even the perpetual gold disdain from Wall Street and the financial media is fading.
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Friday, December 04, 2009
Gold Major and Junior Stocks Update / Commodities / Gold & Silver Stocks
With the Gold market hitting the point of recognition, and Silver soon to follow, investors should now spend their energy focusing on the companies. In fact, that is why we started a newsletter dedicated to tracking as many of the companies and as frequently as possible. This weeks issue, updated nearly 55 gold and silver stocks. The majority of those stocks look like they can gain a bit more before they run into resistance.
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Friday, December 04, 2009
Let’s Take a Fresh Look at Crude Oil / Commodities / Crude Oil
Today we are looking at a January crude oil contract, but this can be any of the other contract months.
We've looked at this market before and were expecting it to go higher. It did not, however, fulfill that promise and with a red weekly “triangle” in place, it appears as though this market is heading down, but is it?
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Friday, December 04, 2009
Gold $2,000 Is Coming / Commodities / Gold & Silver 2009
The price of an ounce of gold continues to remain above $1,200 after reaching a new all-time high at $1,218.25 to start the final month of 2009. In early Friday (December 4) morning trade, the spot rate for gold is $1,205.40.
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Friday, December 04, 2009
Gold Sinks Through $1200 on U.S. Jobs Data / Commodities / Gold & Silver 2009
THE PRICE OF GOLD sank through $1200 an ounce for the first time in 3 days on Friday, falling fast to $1190 and below on news that US unemployment rose by just 11,000 last month.
Wall Street analysts had expected 111,000 job losses for November. The unemployment rate ticked down to 10.0%.
Friday, December 04, 2009
What Should Gold and Silver Investors Do Now? / Commodities / Gold & Silver 2009
A change of market - Understanding fundamentals - We have talked about a complete change of tone and shape in the market place in the last few weeks that has altered the future of gold. It has taken 10 years for this to happen, but it is here at last.
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Friday, December 04, 2009
Gold Market Awaits U.S. Unemployment Report / Commodities / Gold & Silver 2009
Gold touched $1,211.72/oz overnight but has since pulled back. Gold is currently trading at $1,203.70/oz. In EUR and GBP terms it is trading at €799.11/oz and £724.34/oz respectively.
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Friday, December 04, 2009
What Will Happen When China Catches Gold Fever? / Commodities / Gold & Silver 2009
The calls grow louder and louder each trading day if one listens to the financial news. And I am starting to realize they may be right. Gold could be in a bubble. In fact, this is why I invested in Gold in the first place years ago. It was because I thought Gold would be the next bubble and would make me a lot of money.
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Thursday, December 03, 2009
Gold Plated Tungsten Bars, Yes or No? / Commodities / Gold & Silver 2009
The gold world has been ablaze for the last few weeks with a sensational story from fifteen years ago that the US government allegedly manufactured/bought some 1.3 to 1.5 million 400 oz, gold-plated, tungsten bars. Some 640,000 of these bars were allegedly stored at Fort Knox, and the balance was sold/shipped to central banks/other parties around the world.&
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Thursday, December 03, 2009
Oil and Gas Energy Sector is Not Buy and Hold for Ever / Commodities / Oil Companies
Inflation is galloping at a 7% pace and a round of one-off corporate profits waiting in the wings are among the near-term sightings in Trader Tracks editor Roger Wiegand's viewfinder. As the veteran prognosticator tells The Energy Report readers in this exclusive interview, while a short-term surplus in oil and natural gas supplies doesn't appear to bode well for expectations of rising prices, the inflationary outlook outweighs the fundamentals, and inflation alone should drive oil up to as high as $100 a barrel.
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Thursday, December 03, 2009
Cocoa Commodity Bull Market Pride Before a Fall? / Commodities / Commodities Trading
The recovery in Cocoa from its Oct-08 low has been impressive. Interrupted by a period of volatility earlier in the year it has more recently returned to the Jul-08 peak, but displaying short term indecision now.
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Thursday, December 03, 2009
Gold Price Going to Run High Until it is Exhausted / Commodities / Gold & Silver 2009
THE PRICE OF WHOLESALE gold hit yet another record high against all major currencies bar the Aussie Dollar and Japanese Yen on Thursday, peaking above US$1226 an ounce at lunchtime in Hong Kong.
"Volumes are thin. There is less buying in the physical market, and scrap seems to be entering the market faster," says Walter de Wet at Standard Bank.
Thursday, December 03, 2009
Christmas and Chinese New Year Makes December a Good Month for Gold / Commodities / Gold & Silver 2009
Gold reached a new nominal high overnight of $1,226/oz. Gold is currently trading at $1,218.40/oz and in euro and sterling terms, gold is trading at €807/oz and £732/oz respectively.
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Thursday, December 03, 2009
Gold Booms in the Dubai Aftermath / Commodities / Gold & Silver 2009
Here in Britain we’re use to bad weather, it’s been frosty and raining here all week. It gives us our sense of humour we tell ourselves as we step out the door and open the umbrella. But there are times when you get caught out. Times when everything looks rosey outside but then suddenly the clouds form and the skies open up and the rain poors down.
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Wednesday, December 02, 2009
Seasonal Trading Charts for Dow, Gold, Crude Oil and Gas / Commodities / Commodities Trading
The market has had a fantastic week so far for stocks and precious metals. The financial and energy sector are underperforming which is a concern, but we continue to hold our positions and will wait until a reversal to lock in our gains.
Things seem to be lining up for stocks and precious metals to take a breather, which is in line with the Dow Jones Seasonal chart below.
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Wednesday, December 02, 2009
Precious Metals Stocks, Breakout or Plunge? / Commodities / Gold & Silver Stocks
In a world of paper currencies and paper promises, I can think of many reasons right off the top of my head why the price of gold will continue to go up in the long term, however since this essay's length is limited, I'll just mention 5 of them. In short, while it may feel like a bubble to some, I believe we are just warming up.
Last week I mentioned a few of such reasons, but I would like to expand this topic this week. Below I have featured ten of the many points that currently point to higher value of the gold price in the long run.
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Wednesday, December 02, 2009
Gold Nexus for Powerful Struggle Underway for New Global Financial World Order / Commodities / Gold & Silver 2009
Gold Desafio: Global Struggle - The gold market has become, despite little recognition by the financial press, the battlefield for global control of the financial world. To the winner go the spoils and access to the helm. To the winner goes control of global banking, dominance in commerce, and the advantage in some degree of printing money on a credit card that all nations must finance indirectly. Nevermind the military aspect. In the Untied States, the custodial control of the USDollar as global reserve currency enabled it to spawn numerous syndicates with criminal impunity, since under the USGovt aegis (if not management).
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Wednesday, December 02, 2009
Investors Be Smart, Buy Gold and Diversify / Commodities / Gold & Silver 2009
How the government tries to fleece you and what you can do about it
After a relaxing Thanksgiving break, I anticipated to return to work in a lighter frame of mind. However, the following item from FOX News crushed that hope right away:
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Wednesday, December 02, 2009
Investors in Junior Oil and Gas Producer Enjoy Cardium Success / Commodities / Oil Companies
Berens Energy (BEN-TSX) was up 23%, or 37 cents, on Monday Nov 30, to $1.95 on much greater than average volume as it reported the highest Initial Production (IP) rate I have ever seen out of the new high profile Cardium oil play in Alberta – 1250 bopd (barrels of oil per day).
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Wednesday, December 02, 2009
The Recurring Gold Price Bubbles / Commodities / Gold & Silver 2009
A lot of people are getting all worked up about the rising price of gold. Some say the current move has gone "parabolic" and that we're in the midst of a "blow-off top" akin to the early 1980s peak that saw the gold price disappoint investors for years afterward.
Just this morning, Hu Xiaolian, a vice-governor at the People's Bank of China, called gold a bubble and implied that the central bank wasn't much interested in buying thousands more tonnes of bullion as bank reserves at current prices.