Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, September 14, 2009

Gold Falls Below $1,000 as U.S. Dollar Bounces / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD slipped below $1,000 an ounce early Monday in London dealing, slipping 1% from last week's record New York close as the US Dollar bounced on the currency markets and all other asset classes – including government bonds – ticked lower together.

Monday, September 14, 2009

U.S. Dollar Bounce Knocks Gold Back Below $1000 / Commodities / Gold & Silver 2009

By: GoldCore

A bounce in the dollar has pulled gold back from its overnight high of $1009/oz. Gold's inability to sustain a robust move through the psychological $1000/oz barrier has seen a further period of profit taking. The next significant points in either direction for gold, will be support at $990/oz and a close above $1,012/oz. The higher figure will regain the trust of investors that gold can challenge the March 2008 highs of $1,033/oz.

Monday, September 14, 2009

Gold Price Continues to Underperform Other Gold-Related Assets / Commodities / Gold & Silver 2009

By: Lorimer_Wilson

In spite of the excessive, in-your-face, rhetoric in the hundreds, if not thousands, of newspaper and on-line articles this past week on gold bullion it does not warrant the hype - at least not yet. All one has to do is examine the performance of gold relative to the broad stock market indices and the various commodity-related indices to see that its rise above $1000/oz. is not really that impressive. Don’t get me wrong, I think gold has a very bright future but what has happened over the past week, other than the fact that it is closing in on its all-time high, pales in comparison to all other associated precious metals investment vehicles. Frankly, gold is a laggard, any way one looks at it, as the table below so clearly illustrates:

Monday, September 14, 2009

Gold $1,000 New Floor or Old Ceiling? / Commodities / Gold & Silver 2009

By: Przemyslaw_Radomski

This week gold finally touched $1,000 (as indicated one of the previous essays) so without further ado, we will get right to the charts. Let’s begin with the chart (courtesy of http://stockcharts.com) that features gold in other currencies than the U.S. Dollar.

Sunday, September 13, 2009

Silver Breakout Could be False / Commodities / Gold & Silver 2009

By: Clive_Maund

Human beings have a tendency to forget pain once it has passed, which is of course a good thing, but it is perhaps not so fortunate for many silver traders that they seem to repeatedly forget that silver has a marked tendency to drop much faster than it rises. Over the past couple of weeks silver has risen sharply into the zone of resistance shown on our 3-year chart as investors became excited about the prospects for a gold breakout to new highs, in the process becoming very overbought - critically overbought on its RSI indicator, factors which by themselves give grounds for caution.

Sunday, September 13, 2009

COT Report Increasingly Bearish for Gold / Commodities / Gold & Silver 2009

By: Clive_Maund

Investors will much more readily forgive a market commentator who is bullish and wrong than one who is bearish and wrong. This explains why, with gold tantalizingly close to breaking out to new highs, bearish or cautious articles on the yellow metal are few and far between. Amongst the bullish commentaries we have Jim Willie’s "13 reasons for major Gold Breakout" and the "A light goes on in Russell's brain" by the venerable Richard Russell.

Sunday, September 13, 2009

Gold Breaks Out Triggers Multiple Time Frame Buy Signals / Commodities / Gold & Silver 2009

By: Chris_Vermeulen

Gold is back in the spot light as it flirts with the $1000 per ounce level. This closely watched commodity looks as thought it will rocket higher because of the multiple trading time frames indicating breakouts.

Sunday, September 13, 2009

Bye, Bye to American Heritage / Commodities / Gold & Silver 2009

By: David_Vaughn

The definition of our American Heritage is simply the handing down from generation to generation a tradition of freedom and self sufficiency.  Of course, as we all know, those days are receding rapidly. 

Sunday, September 13, 2009

Gold Double, Triple Top or New Bull Run? / Commodities / Gold & Silver 2009

By: Merv_Burak

A dull week until Friday, when gold moved to within striking distance of all time highs.  But something tells me that it might not make it this time.  New highs may have to wait, again.  I hope I’m wrong.

Sunday, September 13, 2009

Gold Warning, Risk of 50% Retracement to $650 / Commodities / Gold & Silver 2009

By: Ronald_Rosen

“The Concept of Probability in the Mathematical Representation of Reality”   by Hans Reichenbach

"Real mathematics is not crunching numbers but contemplating them - and the mystery of their connections."  ---Charles Krauthammer, Pulitzer Prize winning essayist

Sunday, September 13, 2009

Gold and Silver Precious Metals Analysis / Commodities / Gold & Silver 2009

By: Douglas_V._Gnazzo

Precious Metals - A few weeks ago I mentioned that palladium was breaking out to new highs for the year, and that its move was a good sign for the other metals, which would likely follow its lead. Platinum jumped in line this week and made a new high for the year. The weekly charts show platinum and palladium well off their all-time highs, while gold is knocking on the door to set new all-time highs.

Sunday, September 13, 2009

China's Growing Impact on the Global Gold Market / Commodities / Gold & Silver 2009

By: Lawrence_Williams

There is little doubt that China nowadays has the financial muscle to effectively control the global gold price.  The mere sniff of a report that it is taking gold into its official reserves to counteract dollar decline is sufficient to, at the least, stabilise the gold price - and there seems to be little doubt that it is so doing, but at the moment in a manner that is not designed to de-stabilise the dollar or, on the other hand, not to contribute to a quantum leap in the yellow metal's valuation - yet.

Sunday, September 13, 2009

The Secret Bull Market / Commodities / Gold & Silver 2009

By: Sean_Brodrick

Gold’s recent push above $1,000 an ounce is finally catching Wall Street’s attention. And yet many of the talking heads on TV still rush to say that gold is not a good long-term investment, that it’s “dead money” because gold doesn’t really do anything.

That’s a lie. Gold does something very important — preserve your wealth in an age when paper currency can be printed by the metric tonne. And gold has been doing a lot more than that since 2001. Take a look at this chart showing the 10-year performance of gold vs. the S&P 500 …

Saturday, September 12, 2009

Does Gold $1,000 Gold Signal Stock Market Correction? / Commodities / Gold & Silver 2009

By: Richard_Shaw

Does gold rising and climbing to $1,000 signal a pending stock correction?  No.

Saturday, September 12, 2009

Washington Targets Commodity ETF's / Commodities / Exchange Traded Funds

By: Ron_Rowland

When it comes to investing in commodities, the people I know have two opposite emotions — either obsessed or terrified.

I can see why. The commodity markets — contracts representing tangible goods like gold, oil, grains, etc — are known for sharp reversals and wild volatility. The potential profit can be enormous if your forecast is correct. If you’re wrong … let’s just say the results aren’t pretty.

Saturday, September 12, 2009

The Global Food Crisis Revisted / Commodities / Food Crisis

By: Joseph_Dancy

Sixteen months ago Costco and Sam’s Club stores in the U.S. limited how much rice customers could buy at one time, while ‘food riots’ erupted in a number of countries as food prices spiraled upward. Concerns about food supply and distribution spread worldwide.

Saturday, September 12, 2009

The Real Threat of Government Gold Confiscation / Commodities / Gold & Silver 2009

By: Julian_DW_Phillips

As the fifth part of this series we now look at this question: "How will Gold Confiscation affect the citizens of other countries, in the event their Central Bank takes their gold?"

Saturday, September 12, 2009

Gold and Silver Price Forecast of $1,150 and $30 / Commodities / Gold & Silver 2009

By: Madison_Avenue_R

Long Term: Madison Avenue Research Group's outlook for gold and silver is bullish. Our sentiments echo Peter Barnes, CEO of Silver Wheaton whom in a BNN interview on September 8, 2009 said "Over the next two or three years silver is going through USD$30/oz”. Barnes believes weakness in the US dollars will drive precious metal prices and excessive monetization will have a significant inflationary effect at some stage saying "it is only a matter of when".

Friday, September 11, 2009

Gold, Canary in the Coal Mine / Commodities / Gold & Silver 2009

By: Peter_Schiff

Like a battering ram in a medieval siege, gold keeps hammering away at the gate. For the third time in less than twelve months, the yellow metal is once again crashing into the $1,000 per ounce level. As of press time, it looks like gold will close above that level today and will set a new record in the process. Even if the breach is fleeting, who can doubt that it will mount another assault soon? In the meantime, there is no shortage of market analysts who are not buying gold while questioning the motives of those who are. Although they offer a variety of strained reasons, they nearly all agree that it has nothing to do with inflation, which is nearly universally considered dead and buried. As a self-confessed gold bug, I can assure all that inflation is the only reason I buy gold. And recently, I'm buying a lot.

Friday, September 11, 2009

Gold Stocks Still Cheap / Commodities / Gold & Silver Stocks

By: Zeal_LLC

Last week when gold started flirting with $1000, the gold stocks caught a serious bid.  On an impressive 3.8% 2-day gold rally, the flagship HUI unhedged gold-stock index rocketed 15.7% higher!  And the volume in this index’s elite gold stocks was staggering those 2 days, 2.8x the 3-month average.