Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, September 26, 2009
Inflation Is Mortally Wounded And Rapidly Fading, Dump Gold? / Commodities / Gold & Silver 2009
It is my opinion that you should ignore all fundamental stories and statistics about runaway prices and hyperinflation at least for the next 8 to 12 months. Gold, silver, and their shares are in the process of being sliced, diced, baked, broiled, and slaughtered. A rare, very rare, opportunity to acquire gold, silver, and their shares at lower than bargain prices will arrive when the [C] leg down that I have been describing and writing about bottoms. This report presents quarterly logarithmic charts of gold, silver, the HUI, and the U. S. Dollar Index. If you are a trader and are familiar with and can handle the short selling process and its dangers you may reap a small fortune over the time span that the [C] leg process (down) requires to complete its work. Its work involves destroying overly enthusiastic precious metals bulls.
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Saturday, September 26, 2009
A Very Interesting Gold Price Chart / Commodities / Gold & Silver 2009
From a trader’s perspective, gold is currently pulling back from an overbought situation.
But the Point and Figure chart below has some intriguing implications.
Friday, September 25, 2009
Lithium Leading the Charge in Automotive and Electronics Batteries / Commodities / Metals & Mining
One of these days, pent-up demand for new cars and growing concern about the carbon footprint associated with driving vehicles powered by traditional internal combustion engines will fuel tremendous demand for lithium, a development sure to spark greater investor interest, as well. A staple in batteries for hybrids and all-electric vehicles on the road and on the drawing boards, lithium is becoming a darling among hot commodities. As one of the few of his ilk on the planet, Jon Hykawy is also in considerable demand these days. The Gold Report caught up with Jon in Buenos Aires, where he—as Byron Capital Markets' recently appointed lithium analyst—is checking out facilities in Argentina, the world's second-largest (behind Chile) lithium-producing country, to talk about his favorite subject.
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Friday, September 25, 2009
The I.M.F. and Central Banks are Going to Support Gold! / Commodities / Gold & Silver 2009
As an almost revered subject, the question of whether central banks across the world will be buyers or sellers of gold is one usually left until after the event. Central Banks themselves are usually very unhappy to talk about their gold policy. When they do it is a once-in-several-years-event. As a result we watch the behavior patterns of the last decade to see what lies ahead.
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Friday, September 25, 2009
Copper Panic and Recovery / Commodities / Metals & Mining
Although copper is not the largest base-metal market (aluminum is way bigger), nor the most valuable of the primary base metals (nickel is worth several times more per pound), it is still arguably the most important base metal. As the base metal of choice for investors and speculators, copper’s price offers great insights into how traders view the global economic outlook.
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Friday, September 25, 2009
Gold Forecast 2009, It's All Falling Into Place / Commodities / Gold & Silver 2009
You may have watched my earlier video on the gold cycles and how important they are in this particular market, at this particular time. Today's action is indicative of the cycle that we were talking about in the video as it's pushing gold prices down into a cyclic time window.
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Friday, September 25, 2009
EUA Carbon Emissions Trading, How Far for the Bears? / Commodities / Commodities Trading
Since we introduced the EUA contract to the Commodity Specialist Guide in July the market has been recovering towards its May peak of 16.00. However, recently a clear break of uptrend has favoured the bears, but key support may not be far off.
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Friday, September 25, 2009
Gold Break Below $1,000 Finds Support at $990 / Commodities / Gold & Silver 2009
THE PRICE OF GOLD ticked higher early in Asian and London trade on Friday, briefly reaching $999 but remaining 1.3% below last week's finish after suffering its worst daily drop in three months.
Asian stock markets closed lower as European shares held flat – pegging the German Dax almost 2% down for the week.
Friday, September 25, 2009
China Voices U.S. Dollar Concerns at G20 Summit in Pittsburgh / Commodities / Gold & Silver 2009
Gold fell yesterday on technical driven profit taking and is currently trading at $996.75/oz. It traded in a range overnight of $991-$999/oz. Support is now at $990/oz and resistance is at the recent high at $1,024/oz. All eyes are on the G20 summit in Pittsburgh and trading is likely to be cautious prior to the meeting. The dollar fell this morning after a draft communiqué from the G20 suggesting that interest rates, including those in the United States, would remain low for the foreseeable future.
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Thursday, September 24, 2009
Gold Corrects Following Fed Statement as British Pound Sinks / Commodities / Gold & Silver 2009
THE PRICE OF GOLD bounced 0.8% from its third dip to $1007 in two days early Thursday in London, while world stock markets fell and government bond prices rose.
Commodities slipped 0.5% on the Reuters-Jeffries CRB index. The US Dollar held near 12-month lows on the currency market after the Federal Reserve voted Wednesday to keep its key interest rate at zero.
Wednesday, September 23, 2009
Gold, The Most Important Chart You Will See! / Commodities / Gold & Silver 2009
A chart is like a photograph. It locks in ‘the activity’ right up to the last moment. A chart is a reflection of the actions of multiple humans interacting in the marketplace. Since humans tend to act in ‘herd-like’ manner, reacting to the news they hear, read and see, a chart has a certain amount of predictive energy while it reflects the past.
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Wednesday, September 23, 2009
Gold and Silver Strong in All Currencies / Commodities / Gold & Silver 2009
Gold, silver and gold shares are jumping up. Gold hit a record high this month and all three are in ‘break out’ mode. The time of truth is at hand and it won’t take much more strength to confirm that a stronger phase of the eight year old bull market has begun.
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Wednesday, September 23, 2009
Gold and Euro Rally Against Weak U.S. Dollar / Commodities / Gold & Silver 2009
THE PRICE OF GOLD dipped 0.5% Wednesday morning in London, slipping to $1,012.50 per ounce as Asian stocks closed the day lower but European shares rose.
Government bond prices fell, pushing the yield offered by 10-year US Treasuries back to last week's finish near 3.47%.
Wednesday, September 23, 2009
How China became the '800-Pound' Gorilla in the Gold Market / Commodities / Gold & Silver 2009
Don Miller writes: With prices testing their record high of $1,033 an ounce set last year gold has again become the hot topic of conversation.
But while many analysts are focusing on threat of inflation - which could be a byproduct of the U.S. Federal Reserve's reluctance to withdraw monetary stimulus - investors should really be watching China.
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Wednesday, September 23, 2009
Gold Sitting on Top of the World / Commodities / Gold & Silver 2009
THIS SAYS IT ALL, “JUST WAITIN TO FALL”
I'm Sitting on Top of the World
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Wednesday, September 23, 2009
Silver Remains a Contrarian's Dream With Negative or No Media Coverage and No Public Involvement / Commodities / Gold & Silver 2009
The dollar fell sharply against most currencies yesterday and gold was strong in all currencies and held above $1,015/oz for most of the day. Both the London AM and PM fixes were higher from the day both in euro and pound terms (21-Sep-09 AM $999.25,£618.233, €681.756, PM $997.00,£616.307, €680.871 and 22-Sep-09 AM $1015.75,£622.396, €686.550 PM $1,014.00,£620.639, €686.109 - http://www.lbma.org.uk/?area=stats&page=gold/2009dailygold). Thus, while the pound and dollar have fallen against the euro, they have fallen by even more against gold.
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Tuesday, September 22, 2009
Gold $1,500 This Year / Commodities / Gold & Silver 2009
Post summer doldrums, we're now beginning to see a nice fall run up in the price of gold—one that marks the beginning of a parabolic move, according to Greg McCoach. The seasoned bullion dealer, investor and newsletter writer sees a number of factors culminating in ever-increasing prices going forward. In this exclusive interview with The Gold Report, Greg reveals current and forthcoming events that will continue driving the yellow metal's price northward. . .not the least of which involves the commercial real estate market and its "associated derivative sewage."
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Tuesday, September 22, 2009
Gold, GLD ETF 100 Barrier / Commodities / Gold & Silver 2009
The most salient feature of the hourly chart of the SPDR Gold Shares (NYSE: GLD) is that despite today’s up-gap opening and climb above 100, the bulls were – and still are – not able to sustain above the key 100 level. As of this moment, with the GLD at 99.43 and the huge unfilled gap area (down to 98.57) remaining on the downside, let’s watch closely to see if the price structure can leave the unfilled gap behind and instead revisit and hold the 100 area prior to or into the close. Such a scenario would be very constructive action and will point prices still higher in the hours ahead. Conversely, inability of the GLD to rally will be a sign of relative weakness that will point to the 98.50 area by default.
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Tuesday, September 22, 2009
The Reason Why Gold Hasn't Skyrocketed / Commodities / Gold & Silver 2009
With the printing presses in full printing mode, many people are questioning why gold prices haven't gone higher - much higher.
In my new video, I explain some of the subtle market cycles that are at play right now in this market. These short-term cycles have been the dominant force in gold all year and appear to be still in control of price action.
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Tuesday, September 22, 2009
Gold Jumps Above $1,000 on Strong Chinese Demand / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rose 2.0% for US-Dollar investors overnight in Asia and London on Tuesday, recording an AM Gold Fix of $1015.75 an ounce as world stock markets also rebounded.
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