Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, November 12, 2009
Trading Commodities, Gold, Silver, Crude Oil and Natural Gas Using ETFs / Commodities / Commodities Trading
So far this week has been slow in regards to commodity etf funds. Gold continues to shine while silver refuses to make a move higher. Crude oil has a nice bull flag and we are waiting for a breakout and setup while natural gas continues to see selling pressure.
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Thursday, November 12, 2009
Moment of Truth for Crude Oil and USO ETF / Commodities / Crude Oil
The moment of truth for nearby crude oil now that the latest inventory data shows building supplies. Into the data and in reaction to worse than expected data, prices are under pressure as they revisit critical near-term support at 77.00-76.55, which must contain the weakness to avert additional weakness into the $74.00 area next.
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Thursday, November 12, 2009
Gld ETF Warning, Tungsten Filled Fake Gold Bars / Commodities / Gold & Silver 2009
“Gold Finger - A New Take On Operation Grand Slam With A Tungsten Twist”
I’ve already reported on irregular physical gold settlements which occurred in London, England back in the first week of October, 2009. Specifically, these settlements involved the intermediation of at least one Central Bank [The Bank of England] to resolve allocated settlements on behalf of J.P. Morgan and Deutsche Bank – who DID NOT have the gold bullion that they had sold short and were contracted to deliver. At the same time I reported on two other unusual occurrences:
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Thursday, November 12, 2009
The Ultimate Gold Bubble Test / Commodities / Gold & Silver 2009
Brian Hunt writes: In the past three months, there's been a very popular – and very wrong – thing to say about owning gold.
I hear it a lot from inexperienced Wall Street analysts, bloggers, and money managers who spend little time living in the "real world."
Thursday, November 12, 2009
Gold, Do we finally have your attention? / Commodities / Gold & Silver 2009
The past two weeks have brought two massive paradigm shifts to a Gold market that has been morphing literally on a daily basis for the past few months. During this time, the pundits and purveyors of misinformation and tripe have done their best to ‘student body left’ Gold back into obscurity as an ancient, barbaric relic. They certainly get an ‘A’ for effort. Now that Gold has made its debut above $1100 an ounce, they’ve switched their tactic and are now calling it a bubble. We’ll deal with why this cannot be the case in a bit.
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Thursday, November 12, 2009
Gold Hits Fresh Record High / Commodities / Gold & Silver 2009
THE PRICE OF GOLD in US Dollars retreated from a fresh 0.7% surge early in London on Thursday, falling back from a new all-time record of $1123 an ounce as Asian stock markets closed the day lower.
Crude oil fell below $79 per barrel – higher by more than 75% from this time last year – while government bond prices rose.
Thursday, November 12, 2009
Commodity Companies Index (CCI) Up 214% YTD! / Commodities / Commodities Trading
Up until now investors, analysts and newsletter writers have relied on the price performance of the commodities themselves (such as gold, silver, crude oil, etc.), the Reuters CRB Commodity Index or the HUI, XAU, GDM or CDNX indices to determine the health, performance and trends in commodities.
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Wednesday, November 11, 2009
If the Gold Price Explodes, Silver Will go SuperNova! / Commodities / Gold & Silver 2009
How Will Niagara Falls Fit Through a Garden Hose?
“There’s no doubt in my mind that we’ll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.” –Doug
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Wednesday, November 11, 2009
India’s Dramatic Gold Investment Renews Interest in Precious Physical Metals / Commodities / Gold & Silver 2009
The precious metals market was stunned when India opted to buy 200 tonnes, or nearly half, of the International Monetary Fund’s gold reserves. India’s dramatic play on gold is good for precious metals investors, and it generates renewed interest amongst traditional investors.
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Wednesday, November 11, 2009
Gold’s Rally Suggests Silver Will Ride the Coattails / Commodities / Gold & Silver 2009
As investors begin their shift away from currencies and into hard assets, gold has waltzed well past $1000 per ounce and has since pushed through $1100. Because precious metals have been long seen as an effective hedge against inflation, investors have been the biggest driver of demand.
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Wednesday, November 11, 2009
The Untapped Energy Riches of Uzbekistan / Commodities / Energy Resources
John C.K. Daly writes: While many Western investors remain fixated on somehow acquiring a slice of Turkmenistan’s natural gas riches, despite a recent scandal over the country’s actual reserves, there is another country further east whose energy and mineralogical reserves have been overlooked – Uzbekistan.Read full article... Read full article...
Wednesday, November 11, 2009
What's Gold's Next Stop? / Commodities / Gold & Silver 2009
After hitting our first upside target of $1,110 two days ago, gold prices backed off but still managed to close at their best levels today for a new record high close in New York basis the spot gold.
The question now is, what's going to happen to gold after it hit our first target level?
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Wednesday, November 11, 2009
Gold Continues to Gain Against All Currencies / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rose to fresh record highs against the US Dollar for the fifth session in six in early London dealing on Wednesday, recording an AM Gold Fix above $1114 an ounce.
Up by more than 28% for 2009 to date for US investors, gold also rose against all other currencies, breaking its best level against the Japanese Yen since July 2008 above ¥3220 per gram as world stock markets gained, government bonds held steady, and crude oil ticked higher from $79 per barrel.
Wednesday, November 11, 2009
Junior Gold Miner ETF GDXJ Welcomed to the Party / Commodities / Gold & Silver Stocks
The Junior Gold Miner ETF (ticker: GDXJ) from Van Eck Global is now in business. Though I have a problem with putting larger silver miners in this ETF as the heaviest-weighted holdings (get info from the Van Eck website here), I will be participating. This is a good vehicle for those looking to get into the more speculative side of the Gold patch without doing all the homework. It also provides a measure of international exposure.
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Wednesday, November 11, 2009
Three Reasons Gold Might Be Making a Head Fake / Commodities / Gold & Silver 2009
As many commentators have pointed out Gold has been on an absolute tear during the last month, soaring above $1,000 before closing at an all time high of $1,092. Since that time a number of investing heavyweights (Jim Rogers, John Paulson, etc.) have begun predicting gold prices of ranging from $2,000-$5,000.
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Tuesday, November 10, 2009
Will Silver Outperform Gold Immediately or Wait a Little Longer? / Commodities / Gold & Silver 2009
The recent huge purchase of gold by the Indian central bank triggered a substantial rally that took gold to new (nominal - !) highs gathered a lot of attention and generated a substantial rally. I’ve touched this subject in my previous essay, but since this topic is so popular, I would like to put additional comments this time, but from a different point of view.
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Tuesday, November 10, 2009
Gold and Crude Oil, Two MUST-OWN Investments! / Commodities / Investing 2009
I put out my first major buy signal in gold in early 2000, when gold was trading at about $260 an ounce. I said then that gold was an easy double, moving to at least $500 over the next two years.
I told my readers to add to their gold positions in October 2004, when gold crossed above the $400 level …
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Tuesday, November 10, 2009
The Four Best Places to Keep Your Gold / Commodities / Gold & Silver 2009
Tom Dyson writes: "Keep moving," said the TSA agent...
Two years ago, I traveled from Las Vegas to Baltimore with five gold coins – worth $8,000 – in my pocket. I wanted to know if the gold coins would set off the airport security systems.
Tuesday, November 10, 2009
Keep an Eye on Silver / Commodities / Gold & Silver 2009
It should come as no surprise to anyone who trades or who has traded silver that it is much more volatile than gold. In fact, since yesterday's highs in the iShares Silver Trust (NYSE: SLV) and the SPDR Gold Shares (NYSE: GLD), the SLV has had a 3% correction whereas the GLD has had a sparse 1.2% pullback. Something we are going to have to get accustomed to in order to get the benefit of the approaching "silver catch-up" rally.
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Tuesday, November 10, 2009
Gold Slips to $1100 as UK Faces Potential Credit Ratings Downgrade / Commodities / Gold & Silver 2009
THE PRICE OF WHOLESALE gold slipped 1% from Monday's new record high early in London today, briefly drifting through $1100 an ounce as Asian stock markets closed the day higher but European shares held flat.
Crude oil ticked back down to $80 per barrel, but remained higher by one-third from this time last year.