Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, October 29, 2009
Gold and Silver, What is Your Exposure / Commodities / Gold & Silver 2009
A well-known truism is that every investor needs to start with savings. But what if that “savings” gave the investor too much exposure to risk? What investors or people in general need in this financial environment is savings that don’t deteriorate. We are in an environment now where the idea of making money, which is kind of the preamble to being American, is going away. In other words, today’s environment is, he who loses the least, wins, and the way that you do that is to hold a currency that doesn’t devalue over time.
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Thursday, October 29, 2009
Natural Gas Wants a Wicked Cold Winter / Commodities / Natural Gas
With the oil-and-gas price link weaker than it's been in over a decade and with natural gas too dependent on a fierce winter to fuel demand and drive pricing up, CRT Capital Group Senior VP Duane Grubert likes oil better than gas. Consistent with that stance, he also prefers producers that are leaning more toward oil than gas. In the gas arena, he tells The Energy Report in this exclusive interview, he's sticking with players who are diversifying and tends to choose those that are involved in exploration as well as production. While he favors better-capitalized companies for their proven ability to endure, he also likes at least one small-cap firm in the field—Energy XXI—in part for its "material volume upsides through exploring."
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Thursday, October 29, 2009
Gold Bounces on Strong U.S. GDP Economic Stimulus Result / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rose $10 from last night's 3-week low of $1027 on Thursday morning in London, gaining as Asian stock markets closed the day 1.5% lower and the United States reported an end to its economic recession.
GDP growth during June-to-Sept. was estimated at 3.5%, much-stronger than analysts forecast, as domestic prices also rose sharply – up 1.6% from a year earlier.
Thursday, October 29, 2009
Gold Weak Ahead of U.S Q3 GDP / Commodities / Gold & Silver 2009
Gold is trading at $1.033/oz and touched $1,026/oz in overnight trading. Gold fell again yesterday and continues to consolidate above the $1,000 level.
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Thursday, October 29, 2009
Gold Price Today, Barrick Gold’s Q3 to Show De-hedging Progress / Commodities / Gold & Silver Stocks
Barrick Gold is a perculiar investment to analyse. It’s past is steeped in mystery, some good, some bad. We’re not here to judge this on their morals, just their investment potential.
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Thursday, October 29, 2009
Commodities and Stocks Ready to Bounce or Rally? / Commodities / Financial Markets 2009
Commodities and stocks almost look ready for a rally or at least a relief bounce. The market is down over 5% and the normal pullback this year has been 4%. Using technical analysis and inter-market analysis we can see that the market is reaching extreme lows and this usually means we are only a couple days away from a rally.
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Wednesday, October 28, 2009
Has Gold Topped? / Commodities / Gold & Silver 2009
That is the big question on many traders' minds as gold fell from a high around $1,070 to the lows seen earlier today.
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Wednesday, October 28, 2009
Gold, Don’t Believe the Hype / Commodities / Gold & Silver 2009
The recent bounce in the U.S. dollar to the 1.4750s, has further highlighted the correlation of 'risk' assets to dollar weakness.
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Wednesday, October 28, 2009
Gold Follows Sinking Stock Markets Lower / Commodities / Gold & Silver 2009
THE PRICE OF GOLD for Dollar investors fell for the fourth session running on Wednesday morning in London, dropping as world stock markets sank 1.5% and crude oil fell to $79 per barrel.
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Wednesday, October 28, 2009
Gold Drifts Lower Despite Record U.S. Debt Ever Sold in a Week / Commodities / Gold & Silver 2009
Gold closed trading at $1,037.20/oz. In euro and GBP terms gold is trading at €700/oz and £634/oz. Gold's short term frothiness after sharp gains has led to profit taking and an expected correction back down to previous resistance at the $1,030/oz level.
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Wednesday, October 28, 2009
Rising Crude Oil Price Profit Plays / Commodities / Crude Oil
Martin Hutchinson writes: Crude oil is knocking on the door of $80 a barrel. That’s not what experts have been expecting. At the start of the year, when oil prices were below $40, these experts predicted prices would stay there, or even decline a bit.
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Tuesday, October 27, 2009
Forecasting a U.S. Dollar Rally and Gold Downtrend / Commodities / Gold & Silver 2009
The dollar's not going to go straight down, according to Steve Palmer, president and CEO of AlphaNorth Asset Management:"I'm expecting the U.S. dollar to rally in the short term and gold to sell off." Forecasting a bit of a pullback in the next month or so followed by another rally before year's end, Steve also explains his 'bigger bang for your buck' penchant for exploration stories in this exclusive interview with The Gold Report.
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Tuesday, October 27, 2009
Gold Falls as U.S. Dollar Rises, But Are These Moves Significant? / Commodities / Gold & Silver 2009
Precious metals moved lower this week, which was accompanied by a decline in the general stock market and a small rally in the USD Index. The situation in the main stock indices is still rather unclear, so this week I would like to point your attention to the U.S. Dollar as it provides clues invaluable to anyone involved in the precious metals sector. After all, there is a clearly visible negative correlation between USD Index and gold, silver and PM stocks.
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Tuesday, October 27, 2009
The Gold Price and non-U.S. $ Gold prices / Commodities / Gold & Silver 2009
While the rise in the $ price of gold has been sound, without being spectacular [the rise of late has only been around 10% over the average of the last 18 months], it has barely moved in many currencies.
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Tuesday, October 27, 2009
Gold $2,000 Based on Banking System Zero Discount Valuation / Commodities / Gold & Silver 2009
The U.S. banking system has many banks with large amounts of bad loans on their books. How do these bad loans affect the value of the dollar and gold? Specifically, how do they affect the Zero Discount Value (ZDV) of gold?
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Tuesday, October 27, 2009
Gold Falls as Bank of England Fears Nutters More than Inflation / Commodities / Gold & Silver 2009
WHOLESALE GOLD dropped to a 3-week low as Asian stock markets fell hard early Tuesday, twice bouncing from $1037 an ounce as the US Dollar rose on the forex market.
Crude oil held at $78 per barrel while European share ticked higher in morning trade. Government bonds also rose, pushing interest rates down.
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Tuesday, October 27, 2009
Gold Bull Market, First the Slaughter and then the Feast / Commodities / Gold & Silver 2009
In spite of all the hype or perhaps because of it the “Golden Bull” is about to be slaughtered. Once death is assumed, resurrection will take place and the true feast will begin!
“Far more common, however, is the variety called an expanded flat, which contains a price extreme beyond that of the preceding impulse wave. In expanded flats, wave B of the 3-3-5 pattern terminates beyond the starting level of wave A, and wave C ends more substantially beyond the ending level of wave A.” E. W. P. expanded flat
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Tuesday, October 27, 2009
Gold Falls Despite U.S. Dollar Wobble on Chinese Currency Diversification Concerns / Commodities / Gold & Silver 2009
Gold closed trading at $1,039.80/oz In euro and GBP terms gold is trading at €699/oz and £635/oz. Support for Gold is currently seen at $1,030/oz and resistance at $1,053/oz.
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Tuesday, October 27, 2009
Gold, India’s Capital Asset through History / Commodities / Gold & Silver 2009
India's obsession with gold is well known around the world. To most Western commentators, this obsession seems irrational, and Indian people seem like incurable gold bugs.
However, on closer examination, gold ownership in India is neither excessive nor irrational. In fact, when religious, cultural, and historical perspectives are considered, India's appetite for gold seems rather matter of fact indeed. Nonetheless, it is not lost on any Indian worth his or her salt that gold is the asset that best protects wealth and freedom.
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Tuesday, October 27, 2009
Gold Trading, Playing the Moving Average and Momentum Ratios / Commodities / Gold & Silver 2009
For those enamored of the current bullish moves in the Gold market, there’s still plenty of reason the believe that the yellow Gold bus has more than enough gas in its tank to make the trip up to the next important Fibonacci extension ratio without too much difficulty.
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