Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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 $1,053/oz.
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Tuesday, October 27, 2009
Gold, India’s Capital Asset through History / Commodities / Gold & Silver 2009
India's obsession with gold is well known around the world. To most Western commentators, this obsession seems irrational, and Indian people seem like incurable gold bugs.
However, on closer examination, gold ownership in India is neither excessive nor irrational. In fact, when religious, cultural, and historical perspectives are considered, India's appetite for gold seems rather matter of fact indeed. Nonetheless, it is not lost on any Indian worth his or her salt that gold is the asset that best protects wealth and freedom.
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Tuesday, October 27, 2009
Gold Trading, Playing the Moving Average and Momentum Ratios / Commodities / Gold & Silver 2009
For those enamored of the current bullish moves in the Gold market, there’s still plenty of reason the believe that the yellow Gold bus has more than enough gas in its tank to make the trip up to the next important Fibonacci extension ratio without too much difficulty.
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Monday, October 26, 2009
Gold in the Early Stages of Breaking Out in Multiple Currencies / Commodities / Gold & Silver 2009
October 2009 has developed into a truly glorious month. For the first time in history the average monthly price for US$Gold will exceed $1,000. Certainly all are celebrating such a wonderful event. Perhaps the most important aspect of this remarkable event is that the purveyors of price suppression and manipulation theories can now turn off the lights in their caves. Reality has crushed their misconceptions. If an $800 bull market is price suppression, give me some more!
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Monday, October 26, 2009
Watching the U.S. Dollar versus Gold / Commodities / Gold & Silver 2009
One of the key market relationships we’re watching is the dollar and gold. If the dollar turns up in a big way and sustains the gains into the close, then tomorrow could be a very dangerous session for equities.
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Monday, October 26, 2009
Introducing the New Gold and Silver Companies Index (GSCI) / Commodities / Gold & Silver Stocks
To meet the growing needs of investors interested in investing in the broader, yet small-, micro- and nano-cap skewed, precious metals mining sector (i.e. the ‘juniors’) 4 new indices have come on the scene lately to wide acclaim. They are the Gold and Silver Companies Index (GSCI) and the Precious Metals Warrants Index (PMWI) and 2 all encompassing commodity-related company indices (i.e. also including commodities other than just gold and silver) the Commodity Companies Index (CCI) and the Commodity Warrants Index (CWI).
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