Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Sunday, October 11, 2009

Pressure Builds on Gold as GDX Gold Miners ETF Ends Uptrend / Commodities / Gold & Silver 2009

By: Mike_Paulenoff

As of this moment the Market Vectors Gold Miners ETF (NYSE: GDX) is warning me that the upleg from the October 2 low at 42.28 to Thursday¹s new high at 49.52 ended ³something² on the upside. My sense is that more than just the most recent upleg likely ended, which means that the upleg off of the July pivot low at 34.05 also ended at 49.52 on Thursday.

Sunday, October 11, 2009

Jim Rogers Claims 20 Year Commodities Boom to Replace Financial Crash / Commodities / Investing 2009

By: Andrew_McKillop

In a Yang-Yin world where only two paradigms, models or states are possible - obviously not the real world - commodity boom should replace financial crash, like day follows night.

To some, including Jim Rogers, this is already in the works. Speaking from Singapore in interview with the UK Daily Telegraph on 8 October, he forecast a commodities boom able to last 20 years. He said: "Commodities are the best place to be, if you ask me, based on supply and demand". He also believes crude oil will run out in 15 or 20 years "unless something happens", despite quite large recent discoveries and slow growing demand.

Sunday, October 11, 2009

Gold Mega Bullish Technicals, Wow! / Commodities / Gold & Silver 2009

By: Adam_Brochert

If you're not into technical analysis, you're not into it. I understand. Drawing squiggles on a chart seems like reading tea leaves to many. I get it. I personally believe that it increases your odds of success if you have the fundamentals right. In other words, technical analysis in isolation is not attractive to me, but laid over a solid foundation of fundamental analysis makes sense to me.

Sunday, October 11, 2009

Silver Outperforming Gold 2-1 / Commodities / Gold & Silver 2009

By: Merv_Burak

It was gang-busters for the precious metal stocks.  Gold rose almost 5% while silver almost doubled that performance.  We are into new high territory and the analyst predictions are now all over the place.  Predictions are good, performance is even better.  Stay tuned.

GOLD LONG TERM

Let’s do a little catch-up summary of where we are from the long or very long term point of view.  First, the P&F charts. 

Sunday, October 11, 2009

Gold Analysis, Real or False Breakout? / Commodities / Gold & Silver 2009

By: StocksBuddy

Gold has broken out above $1000 and everyone believes that it is headed towards $1500, $1200 being the immediate next target. Technically and otherwise, there has been lot of talk that Gold should be valued @ $2000 - $5000 range based on the real $$$ terms when compared to 1980's. However, if that were so easy, it would have already happened. Here are some of SB comments to the respective articles on the Internet.

Sunday, October 11, 2009

Gold Enters Uncharted Waters / Commodities / Gold & Silver 2009

By: Tim_Wood

Given the recent move to new highs in gold, I feel that a brief discussion on this topic is in order. As everyone knows, gold made a major bottom in 2001.  This is where the most recent secular bull market in gold was obviously born.  From a cyclical perspective, this was a 9-year cycle low, which is the dominant longer-term cycle in gold.   In reality, this cycle has historically averaged 98.6 months, or 8.2 years in duration from low to low.  

Sunday, October 11, 2009

Get Physical with Gold, Strategy for Protection and Profit / Commodities / Gold & Silver 2009

By: DeepCaster_LLC

(In a meeting allegedly held by the Gulf States, China, Russia, Japan and France it was decided--) “to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese Yen, the Chinese Yuan, the EUR, and a new unified currency planned for nations in the Gulf Cooperation Council.” - Report in The Independent by Robert Fisk October 6, 2009 

Saturday, October 10, 2009

Can the G-20 Halt the Gold Bull Run? / Commodities / Gold & Silver 2009

By: Julian_DW_Phillips

The G-20 meeting last week was hoped to be a watershed for the global economy. It was hoped that accepted that there has to be a global solution to the financial crisis that triggered the credit crunch and the worldwide recession. Those solutions had to include the full cooperation of other key governments, including China, before we could hope for a sound recovery of the global economy. If we have more superficial statements with no real action, expect yet another crisis as confidence is lost, not only in currencies, but in global money systems. You all know the old adage, "Cheat me once, shame on you cheat me twice, shame on me." Just how much 'spin' can the globe take, before losing heart?

Friday, October 09, 2009

Mickey Fulp: Rare Earth Metals Are 'Flavor of the Year' / Commodities / Metals & Mining

By: The_Energy_Report

Shifting gears from gold to energy, Mercenary Geologist Mickey Fulp focuses on the latest rage: rare earth elements (REEs). In this exclusive interview with The Energy Report, Mickey discusses China's monopoly on REEs and the resultant shock waves still rocking Western industrialized countries and Japan. While fear of China protectionism looms, Mickey sees plenty of opportunity in "cream-of-the-crop North American companies" that are presently undervalued.

Friday, October 09, 2009

Clif Droke Looks at Producer Expectations for Gold, Base Metals Prices / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Gold is at an all-time high and the XAU index has recently achieved a new recovery high for the year. Is there a basis for this latest gold and silver stock rally in light of the recent 10-year cycle peak? What would be the justification for it based on the cycles? According to savvy market technician, seasoned chart reader and cycle analyst Clif Droke, the answer is that investors are responding to the 10-year cycle peak by running to the precious metals and its related vehicles by treating them as safe havens. The public's fear of a dollar collapse is no secret and has reached the saturation point

Friday, October 09, 2009

Gold, Is This the Top or How High to Go? / Commodities / Gold & Silver 2009

By: Przemyslaw_Radomski

I just love it when I run across an article like the one I just read in the Wall Street Journal this week.

The headline said: “Gold is Still a Lousy Investment.”

I read it differently as: “Gold Still Has a Long Way to Go.”

Friday, October 09, 2009

Central Banking: A Blight On Humanity / Commodities / Central Banks

By: Rob_Kirby

Impeccably reliable sources have informed me that as recently as Sept. 30, 2009 – the last possible day of trade in the Sept. 09 gold futures – a number of well-heeled market participants “bought” substantial tonnage worth of gold futures on the London Bullion Market [LBMA] and immediately told their counterparties they wanted to take instantaneous delivery of the underlying physical bullion.

Friday, October 09, 2009

Gold Futures Commitment of Traders Analysis / Commodities / Gold & Silver 2009

By: Zeal_LLC

With gold forging glorious new record highs (in nominal terms), traders’ interest in this metal’s 8-year-old secular bull is ballooning rapidly.  And like most commodities, the lion’s share of gold trading happens in the futures markets.  So the tactical gold-price action at any given moment is usually dominated by futures buying and selling.

Friday, October 09, 2009

Gold Pullback From New Record Highs Winning Streak / Commodities / Gold & Silver 2009

By: GoldCore

After recording new record nominal highs on three consecutive days, gold appears to be taking a well earned breather. It has held steady above $1040.00/oz at the present time and looks set to record another higher weekly close and a historic record weekly close. It has retreated somewhat from record highs due to some profit taking and a partial recovery of the dollar.

Friday, October 09, 2009

Gold, Crude and Copper – Tis the Seasonal to be Checking / Commodities / Commodities Trading

By: John_Winston

As we move into another quarter it is always good to review the seasonal aspects of the market so as to have an idea what (on average) usually happens. The hard assets (and the paper ones too) have amassed quite a rally over the year.

Friday, October 09, 2009

Dow to Gold Ratio Update / Commodities / Gold & Silver 2009

By: Adam_Brochert

The Dow to Gold ratio is something I harp on again and again. Why? Well, two reasons. The second I'll mention later. The first reason is that it is a very big step for stockbugs to step away from their addiction with all things Wall Street. The long term chart of the Dow to Gold ratio tends to induce cognitive dissonance in stockbugs and may help them get to rehab. In other words, to change their thoughts on investing "for the long haul." Most Americans of investing age right now are bred to be stockbugs and are saturated with messages about investing in stocks that are, quite simply, ridiculous and biased.

Friday, October 09, 2009

Gold Strong Uptrend Remains Intact / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD ticked lower with equities, government bonds and crude oil in London dealing on Friday, but headed towards the US Columbus Day weekend almost 5% higher for the week.

The US Dollar meantime fell from an overnight rally, helping gold priced in Euros slip back 1% from Thursday's new 7-month high of €717 an ounce.

Friday, October 09, 2009

Silver, the U.S. Dollar and the Two American Citizenships / Commodities / Gold & Silver 2009

By: Christopher_Quigley

"To me, the most ominous flaw in our constitutional set-up is the fact that the federal government does not have control over money and credit and does not have control of corporations. It is therefore not really sovereign. And it is not really responsible, because it is now controlled by these two groups, corporations, and those who control the flows of money. …….

Friday, October 09, 2009

U.S. Dollar Bottoming and Gold Bullion Topping Forecasts / Commodities / Financial Markets 2009

By: Ronald_Rosen

The U. S. Dollar Index is bottoming or has bottomed today and will rise for approximately one year in Wave [C] up.

Gold bullion is peaking or has peaked and will decline for approximately one year in Wave [C]down.

Friday, October 09, 2009

Gold Touches a New Record High / Commodities / Gold & Silver 2009

By: Bill_Bonner

“Gold continues to climb…stoked by inflation worries,” says a headline in the International Herald Tribune.

Yesterday, it touched a new record – $1,050 – even as the dollar rose, oil slumped under $70 and stocks dipped very slightly.