Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, October 26, 2009
The CRB Index, One Inflation Indicator The Government Can't Ignore / Commodities / CRB Index
Here's One Indicator The Government Can't Ignore
There is an indicator which has been around since 1957. It has accurately forecasted every inflationary and deflationary cycle since.
Monday, October 26, 2009
Gold Follows Stocks By Giving Back Early Gain / Commodities / Gold & Silver 2009
THE PRICE OF GOLD gave back early gains in London on Monday, dipping below last week's all-time record finish versus the Dollar as European stock markets also gave back an early 1% rise.
Asian trading was light, with Hong Kong closed for a holiday.
Monday, October 26, 2009
Gold Progress & Stages of Public Interest / Commodities / Gold & Silver 2009
I received some great feedback this week that really got me thinking in a different direction other than analysis of gold, markets, economic news and gold stocks. I posted an article late last week titled Gold IS and this covered how I see gold as the only viable asset class and investment game in town. The feedback related to investor perceptions on the subject of gold investment.
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Monday, October 26, 2009
Commodities Are on the Move / Commodities / Commodities Trading
Gold is now safely above the $1,000 mark, and there are two aspects to this, one good, one bad. The good aspect is that $1,000 is now a floor (whereas from March 2008 to Sept. 2009 it acted as a ceiling). The bad aspect is that we are now vulnerable t to a pull back to $1,000., and we need to be on guard for this possibility. Pull backs to support are tricky and come when least expected. The decline in gold to $680 just a year ago was a decline to the support defined by the giant symmetrical triangle of 2006-07. The support was at the apex of the triangle, which was precisely $680 (on the semi-log chart).
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Monday, October 26, 2009
Gold Stocks Short-term Consolidation as Silver Continues to Outperform / Commodities / Gold & Silver 2009
The gold stocks, as represented by the GDX index, lost 3.48% for the week, to close at 46.69. Last week's report had the following to say on GDX:
Presently, GDX is testing support at 48. If this level does not hold, the index will most likely fill the open gap (blue horizontal arrow). More significant support resides further below at 45, followed by intermediate term support at the yellow band.
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Monday, October 26, 2009
Gold Calls the World Bankers’ Bluffs / Commodities / Gold & Silver 2009
In Friday’s essay we discussed the frightening chart of the US dollar index. In particular we focused on the manner in which the Dollar has broken critical support (76) and is on its way to its all time low of 72. Below that… and we’re in uncharted territory.
Long-time readers know that I’m no fan of Ben Bernanke. But Bailout Ben is in no way unique in his thinking (though he has managed to spend more money than WWI, WWII, and the New Deal combined).
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Sunday, October 25, 2009
Realistic Shot at Making 200% in the Canadian Oil Sands / Commodities / Crude Oil
Despite what most people believe, investing in oil is actually simple, easy, and capable of building a lifetime of wealth.
All you need is this four-step plan: 1) Buy an established, well-run oil producer like ExxonMobil or ConocoPhillips. 2) Hold it for years and collect dividends. 3) Always reinvest those dividends. 4) Get rich.
Sunday, October 25, 2009
Gold Topping Action Continues / Commodities / Gold & Silver 2009
The gold topping activity continues with the price moving sideways while momentum keeps getting weaker and weaker. Something’s bound to break soon, will it be up or down? I hate to say it but at this point my money is on the down side, but will change fast should gold close above the $1075 mark.
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Sunday, October 25, 2009
Gold, Silver, Crude Oil and Natural Gas Commodities ETF Trading / Commodities / Commodities Trading
The past week in gold, silver, oil, natural gas and the broad market wasn’t anything to write home about. We are seeing controlled profit taking which is making the market choppy. Many traders are getting very bearish on the market which is a good thing in my opinion. According to my market internals, sentiment and volume analysis we should get a shake out (sharp dip) which would make traders exit their positions before the market continues higher.
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Sunday, October 25, 2009
Gold and Crude Oil Rally, A Long Term Look / Commodities / Commodities Trading
When you get right down to it, no matter what techniques one might rely on for his investment decisions there is one thing that they all have in common. In order to be successful an investor has to be on the right side of the longer term trends.
We are all bombarded with daily charts and sometimes weekly, but looking at the long term monthly charts can reveal areas where price on the long term has historically shown to be important turning or continuation points. Not only do they give you a perspective or where price has been in the past, it gives you an idea of where price is now in relation to where major peaks and bottoms occurred.
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Sunday, October 25, 2009
A Billion Hungry Mouths, China’s Grain Demand Could Explode / Commodities / Agricultural Commodities
While most commodities have blasted off, agricultural commodities have lagged the rally. I think that’s going to change in a big way, thanks to a country with a billion hungry mouths and plenty of cash. I’m talking about China. And I have three picks to play China’s growing hunger.
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Sunday, October 25, 2009
Junior Gold Mining Stock List / Commodities / Gold & Silver Stocks
I have created a junior Gold Miner stock list/index for my own use and thought I would share it for those who may be interested. I was hoping that by sharing this list, I may get some feedback and suggestions for improving this list. This list is very important to me for one reason: I plan to use it to make money.Read full article... Read full article...
Saturday, October 24, 2009
Roubini Hates Gold, He Was Wrong On The Dow (So Far), Wrong Again? / Commodities / Gold & Silver 2009
I was a huge fan of Professor Roubini until on 14th March he declared that the rally was a dead cat sucker bounce, at that point I realised that alas; everyone is human. On reflection perhaps he was also wrong about the current account deficit “causing” the crunch, my view is that was just a sideshow. But that’s history; and big picture he got to the right answer in Technicolor before anyone else.
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Saturday, October 24, 2009
Rising Gold Dances but Won't Die with the U.S. Dollar / Commodities / Gold & Silver 2009
With all the 'strong dollar' rhetoric coming from the Fed and broken-record Bernanke, it's a wonder any investors are making money. But one we know and trust is. . .because he's not listening. "The U.S. will continue to take a laissez faire approach to the dollar," says John Doody, Economics Professor for nearly two decades and current author and publisher of Gold Stock Analyst. In this exclusive interview with The Gold Report, John explains how he measures gold's price performance, why he believes most investors don't have enough gold stocks in their portfolios and which companies he's making money on right now.
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Friday, October 23, 2009
Parameters in Equities, Crude Oil / Commodities / Crude Oil
Last week's oil price break above $75 was an essential catalyst in accelerating the pace of USD selling beyond $1.50 in EURUSD, 0.93 in AUDUSD, and 1.03 in USDCAD. Technically, the next oil barrier emerges at $82.00 (100-week MA), a break of which would extend the rally towards $89.90. Coincidently, US equity indices also face their next resistance at the 100-week MA (1,100 for S&P and 10,209 for the Dow). But a more important landmark for the S&P500 stands at 1,121, which marks the 50% retracement of the decline from the October 2007 high to the March 2009 low.
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Friday, October 23, 2009
Why the Rise in the Gold Price is Different this Time / Commodities / Gold & Silver 2009
For over more than 18 months we have watched the gold price churn below $1,000 and in the process forming three tops, before breaking out to above $1,050 in early October 2009. Why will it not fall back to well below $1,000 and possibly as far as $850 this time?
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Friday, October 23, 2009
Gold Overvalued Against Crude Oil? Long and Short-Term Analysis / Commodities / Gold & Silver 2009
The crude oil market has lost most of its popularity since it is no longer near $150 per barrel (no longer do oil-related topics dominate the main financial websites), but nonetheless I’m sure that nobody can deny crude oil’s importance in today’s globalized economy. It is vital for both businesses and individual consumers, as fuels are derived from it. Most of us need to drive and purchase goods that also need to be transported to us directly or indirectly.
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Friday, October 23, 2009
Gold Big Secret / Commodities / Gold & Silver 2009
The little-known state of the gold market as prices close at a new weekly high...
YOU WON'T read it in your Sunday paper, nor elsewhere online this weekend. But this autumn's gold rush has, in truth, been no such thing at all.
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Friday, October 23, 2009
Five Reasons to Buy Agriculture Stocks Now / Commodities / Agricultural Commodities
The window of opportunity is still wide open.
When the markets were in a state of confusion last fall, we tried to keep our heads level and focus on the future.
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Friday, October 23, 2009
Gold Nears Record Weekly Close / Commodities / Gold & Silver 2009
GOLD HEADED into the weekend more than 0.6% up on the week here in London on Friday, gaining as world stock markets also rose alongside crude oil and commodity prices.
Recording an AM Gold Fix of $1061.25 an ounce – its best-ever Friday fix in Dollars – gold also rose against the Euro as the single currency held flat vs. the Dollar.