Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, October 16, 2009
Gold Will be Driven to Dizzying Heights by Green Energy and Healthcare Reform / Commodities / Gold & Silver 2009
By: Q1_Publishing
Warren Buffett calls it “a drug.”
Ireland’s finance minister calls it “a weapon.”
It’s one of the ultimate temptations for politicians.
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Friday, October 16, 2009
Gold Falls, But Basic Strength Remains Intact / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD ticked lower in early London trade on Friday, slipping through yesterday's low of $1045 per ounce to hold unchanged on the week
Dropping 2.5% from Wednesday's new record high for Dollar investors, the gold price headed towards the weekend lower against all other major currencies bar the Japanese Yen.
Friday, October 16, 2009
Gold Versus Global Foreign Exchange Reserves Growth From $0.5 Trillion To $7 Trillion / Commodities / Gold & Silver 2009
By: GoldCore
Gold is currently trading at $1,048.10/oz. In euro and GBP terms gold is trading at €703/oz and £640/oz. Support for gold is currently seen at $1,034/oz and resistance is at $1,054/oz. Gold took a much needed breather yesterday and fell some 1%.
Friday, October 16, 2009
Russia Goes to Romania for Major Natural Gas Deal / Commodities / Natural Gas
By: Pravda
Romania is interested in the South Stream project, Aleksei Miller, the head of Russia’s Gazprom said October 8. There were no talks conducted with Romania on the subject before. If Bucharest agrees, Russia will obtain more opportunities to implement the vital project
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Friday, October 16, 2009
Peak Oil, The Truth About Energy / Commodities / Crude Oil
By: Puru_Saxena
After oscillating within a trading range for several weeks, the price of crude oil has recently broken out to a new recovery high. Now, you will recall that we have been firm believers of ‘Peak Oil’ since 2003 and we were expecting this bullish resolution.
Look. Sceptics can say what they want; it does not change the fact that our world is struggling to maintain daily flow-rates. Whether you agree with us or not, the energy reality is that the supply of conventional crude oil is very close to its peak and no other fuel source can fix the problem.
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Friday, October 16, 2009
Gold and Silver the Final Blast-Off? / Commodities / Gold & Silver 2009
By: David_Morgan
At this point, I am a little reluctant to state this is the final blast-off and that we will not see gold below US$1,000 ever again. Certainly the percentages are with the precious metals investors and it seems gold has nowhere to go but up. As we know, you’re at a level that has been resistance in the past ($1,000), and that area has been resistance for gold for quite some time. And once that level is penetrated for three days in a row then you have a strong probability that the trend is going to continue. In fact, we alerted our subscribers to that very fact!
Friday, October 16, 2009
Renewable Energy Investing, Magma Heating up Geothermal Space / Commodities / Renewable Energy
By: The_Energy_Report
Today, geothermal represents a tiny piece of the global energy mix, but it is growing rapidly in some western U.S. states and more than 20 other countries where the ground is literally hottest. According to the Canadian Geothermal Energy Association, global geothermal production may triple over the next 10 to 30 years as demand for clean power increases. In this exclusive interview with The Energy Report, entrepreneur extraordinaire Ross J. Beaty talks about how he intends to offer investors a heretofore unavailable opportunity to ride that growth wave, what sparked his interest in the geothermal arena, and where he sees many similarities between mining for metals and capturing the energy from the magma beneath the earth's crust. (Hot water and steam from the magma are piped to the surface to drive turbines to generate electricity). Ross, who has earned himself a sterling reputation and world renown for scratch-building wealth-creating resource companies, is applying his considerable expertise and team of experts to a new enterprise, Magma Energy Corp. The company just went public in a heavily oversubscribed IPO in July.
Friday, October 16, 2009
First the Gold Bust then Gold Boom, First the U.S. Dollar Rally then the Dollar Bust / Commodities / Gold & Silver 2009
By: Ronald_Rosen
This will be the gold tune for the next 10 to 12 months.
The fireworks should begin in about one year.
Thursday, October 15, 2009
Gold GLD ETF Warning, Incongruities in the GLD Gold Bar Registry / Commodities / Gold & Silver 2009
By: Rob_Kirby
Earlier this week, I wrote about possible “incongruities” in the gold bar registry of GLD. Specifically, here is what has happened to the GLD bar list which is published each Friday at approximately 4:30 pm EST. An alert reader I communicate with [who shall remain anonymous] has been documenting the length of the published GLD bar list:
Thursday, October 15, 2009
U.S. Dollar Woes Boost China's Global Resource Investments / Commodities / China Economy
By: Money_Morning
Keith Fitz-Gerald writes:
Washington continues to believe that the U.S. dollar is a weapon and most of the G8 is playing along. They simply can’t see – or won’t acknowledge – where the dollar is actually headed, even though the evidence is right before their eyes.
Thursday, October 15, 2009
Gold Falls Hard as British Pound Surges Higher / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD fell sharply on Thursday morning in London, losing 2% from yesterday's new record high to unwind all of the week's gains-so-far for Dollar investors.
European shares ticked lower and New York equity futures pointed down after the Dow Jones index closed last night above the 10,000 level for the first time in 12 months.
Thursday, October 15, 2009
Gold and Gold Stocks to Benefit from Current Economic and Political Climate / Commodities / Gold & Silver 2009
By: Neil_Charnock
Gold and gold stocks are going to continue to benefit from the current economic and political climate. This opinion is based on what I consider to be the true state of the global economy and other prevailing head winds. Martin Hutchinson penned a great article “When Money Becomes Worthless” promoted on GATA this morning (I got it via Chris Mullen’s Gold-Seeker email update service) and posted at the PrudentBear.com.
Thursday, October 15, 2009
The U.S. Dollar Gold Inverse Relationship / Commodities / Gold & Silver 2009
By: Miles_Banner
For the past week the price of gold has performed well. It has maintained its historic high and risen fairly sharply after breaking the $1000 mark. The main reason gold has performed well is because of its inverse relationship with the US dollar. Time and again we see any weakness in the dollar play itself out in the strength of the gold price.
Thursday, October 15, 2009
Silver Heads for $21, Gold Bull Market Driven by Supply and Demand Economics / Commodities / Gold & Silver 2009
By: GoldCore
Gold is trading at $1.056.50/oz. In EUR and GBP terms, gold is trading at €706.82/oz and £655.25/oz respectively. Resistance currently lies at $1,064.10/oz and $1,070/oz with initial support at $1,048.60/oz and then $1,040.70/oz. Read full article... Read full article...
Thursday, October 15, 2009
Gold Gives Another Strong Mega-Trend Buy Signal / Commodities / Gold & Silver 2009
By: Claus_Vogt
In my September 9 Money and Markets column I showed you this gold chart: On that date, I said, “This breakout of a huge triangle is a clear technical buying signal.” I added that the minimum price target of this triangle formation was roughly $1,100. This was well above major resistance in the $1,000 area, thus hinting that another major breakout and buying signal would take place soon.
Thursday, October 15, 2009
Commodities Trading Charts for GLD, SLV, UNG and USO / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
Commodities and stocks have been on fire the past two weeks and I think it just may be time for things to take a breather. While I continue to stay long, taking some money off the table to lock in profits is a safe play.
Just from a quick glance at the charts we can tell the odds are pointing to some type of pause or pullback in the coming days. I figure any day now we could see some profit taking.
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Wednesday, October 14, 2009
Gold Just Broke Its Neck, Targets $5,250? / Commodities / Gold & Silver 2009
By: Graham_Summers
If you’ll recall, in August ago I wrote about the massive inverse head and shoulders pattern gold had formed during the last three years. I presented the below chart to illustrate this:
Wednesday, October 14, 2009
Awaiting Entry Point on DIG Ultra Long Oil and Gas ETF / Commodities / Commodities Trading
By: Mike_Paulenoff
The oil and gas sector finally is on the move, perhaps in reaction to the decline of the dollar (commodity relationship). Since last Friday, the Proshares UltraLong Oil & Gas Sector ETF (NYSE: DIG) climbed from 34.00 to 36.32, or +6.8%. More importantly, the rally off of the October 2 low at 29.13 also broke above a ONE YEAR RESISTANCE plateau at the 34.00 level as well, which has measured upside potential targets of 44.50 and 51.00.
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Wednesday, October 14, 2009
Russia Bolivia to Launch Natural Gas Joint Venture / Commodities / Natural Gas
By: F_William_Engdahl
The latest news report that Russia will sign an agreement with the Bolivian government to explore and produce natural gas is a significant setback for US domination of its traditional Latin American sphere of influence. Since it was declared in 1823 as the Monroe Doctrine, the United States, especially its banking elites have regarded South America as a de facto ‘American plantation.’ The move by Russia’s state-owned Gazprom into Bolivia must be seen as Moscow’s asymmetric geopolitical response to US expansion of NATO to the doorstep of Moscow in recent years. The US is ill-prepared to counter with any economic incentive.
Wednesday, October 14, 2009
Crude Oil Forecast For Winter 2009 / Commodities / Crude Oil
By: INO
I've had a number of requests from MarketClub members to produce another video on crude oil. Part of that may have come from the crude oil alert that we put on our blog on October 12.
What is interesting about crude oil is the fact that seasonally, it should be going down. However, the market appears to be doing just the opposite. We have written about this before and when something is supposed to happen and the opposite occurs, it's time to pay attention.
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