Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, September 02, 2009
David Morgan on the Junior Miners / Commodities / Gold & Silver 2009
The precious metals juniors have had a nice pop in the past few months. But according to David Morgan, veteran silver analyst and publisher of The Morgan Report, the real fun is just beginning. We spoke recently about why the sector has a bright future and how to tell the real companies from the story stocks.
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Wednesday, September 02, 2009
Gold Jumps vs. All Currencies on Job-Loss Economic Recovery Data / Commodities / Gold & Silver 2009
THE PRICE OF GOLD jumped 1% to a four-week high above $966 at the start of US trade on Wednesday, after the United States reported a sharp rise in productivity due to a 7% drop in the number of hours worked.
European stock markets added to Tuesday's sharp falls, with London's FTSE100 index hitting a nine-session low beneath 4,800.
Wednesday, September 02, 2009
Crude Oil Stalls Again Above $70 / Commodities / Crude Oil
Oil continues to find a ceiling above the $70 per barrel price point as there has proven to be no major catalyst to push the price of the commodity above $75 in the near term. Benchmark crude oil was actually up about 60 cents Wednesday (September 1) morning after reports on inventory levels showed a drop in reserves, suggesting a possible increase in demand.
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Wednesday, September 02, 2009
Robert Prechter and What's Behind Moves In Gold? / Commodities / Gold & Silver 2009
In response to How Will China Handle The Yuan? I received many emails regarding a single statement I made: "Prechter, who does not view gold as money, thinks gold will collapse. Thus, not all deflationists think alike."
The first half of that statement "Prechter, who does not view gold as money" is an inaccurate representation of Prechter's views.
Wednesday, September 02, 2009
Gold and Silver Put in Robust Showing Despite Dollar Strength / Commodities / Gold & Silver 2009
Despite a firmer dollar in yesterday's trading, gold maintained its robust showing of the last few days and finished the day slightly higher. It is trading at a resistance level of $955/oz today. With equity weakness still very much to the fore, a sustained push for that all important, psychological level of $1,000/oz and beyond on safe haven demand seems likely in the coming weeks.
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Wednesday, September 02, 2009
Still Eyeing $1,200 Gold in 2009 / Commodities / Gold & Silver 2009
Bullish on gold since it carried a $400-per-ounce price tag, Blue Phoenix Chief Investment Strategist John Licata expects the king of metals to ring in the New Year with a $1,200-per-ounce crown. As he told The Gold Report in April, he still considers gold one of the best asset plays in the world. With recovery on the horizon, he's also high on silver—in part because a pickup in manufacturing will drive up demand. While he says it's premature to claim economic recovery, he isn't looking to copper to serve as the traditional harbinger of a return from recession this time. His rationale? Good economic news—while too inconsistent to make recovery imminent—is already baked in to copper's climb already this year.
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Tuesday, September 01, 2009
Antioquia Gold Drilling Colombian Assets / Commodities / Gold & Silver Stocks
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. (TSX.V:AGD) is the latest TSX Venture listed company to begin exploration there. Antioquia (pronounced An-tee-oh-¬kwee-ah) controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional and adjacent mining concessions that cover 5,243 hectares, both in the department (province) of Antioquia, 70 kilometres northeast of Medellin, the regional capital.
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Tuesday, September 01, 2009
Gold's Price Pattern Points to Sharp Break-Out, Bank Analysts Target 39% Rally / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell as London returned from the Bank Holiday weekend on Tuesday, dropping all of Asia's 1% bounce and recording an AM Gold Fix at $949.75 an ounce.
European stock markets also fell, losing 1.2% in London and 1.5% in Frankfurt.
Monday, August 31, 2009
History Lesson: September Is Best Month for Gold / Commodities / Gold & Silver 2009
We’re heading into September next week, so it’s a good time to revisit the historic seasonality of gold and gold stocks.
Over the past four decades, September has been the best time for gold in terms of its month-over-month price appreciation. You can see this on the chart below – in a typical year, the price of gold in September rises 2.5 percent above its August price.
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Monday, August 31, 2009
Rare Double-play Opportunity in Crude Oil, Gold and Commodities / Commodities / Resources Investing
Larry Edelson writes: Truth be told, I’m even more bullish now on gold, oil and other natural resources than I was when I nailed the start of the massive bull market in commodities nine years ago, in the middle of the year 2000 — before gold prices tripled and before oil rocketed up some 1,030 percent from $13 per barrel to its all-time high of $147.
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Monday, August 31, 2009
Gold Growing Expectations of a Break Above $1000 / Commodities / Gold & Silver 2009
Gold is currently trading at $954/oz after finishing higher last week which was important technically. Gold is looking to close the month of August with a monthly higher close (July 31st close $953.75/oz) but the shorts will as ever be attempting to paint the tape. Expectations for gold to break above resistance at $1,000/oz in the coming months are growing and any dips are expected to be bought.
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Monday, August 31, 2009
Gold, A Technical Macro and Micro View / Commodities / Gold & Silver 2009
The seasonal factor for the gold market is due to turn up in the month of September. But we want to ask ourselves, WHAT needs to happen for it to kick in? Well, certainly the psychology has to be there. More importantly however, demand must be there. And what is the most likely demand factor this time of year? Christmas & holidays and India's wedding season.
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Monday, August 31, 2009
Are We Facing a Banking Crisis? Is the Gold Price About to Explode? / Commodities / Gold & Silver 2009
FLIGHT TO SAFETY APPEARS IMMINENT
Summary
The markets appear to be anticipating a banking crisis.
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Monday, August 31, 2009
How to Day Trade and Swing Trade the Spot Gold GLD Chart / Commodities / Commodities Trading
Over the past couple of months, gold and silver have been uneventful. In this report I have posted weekly charts to show the larger trend of gold and silver. Also I have provided small charts of the US and Canadian gold stock funds GDX and XGD.
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Monday, August 31, 2009
Gold Buying Opportunity of a Lifetime? / Commodities / Gold & Silver 2009
Beware: Gold is setting itself up for "the buy of a lifetime." Only the resource we're about to share with you will help you prepare for it.
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Sunday, August 30, 2009
Is the Stock Market Overbought What Does it Mean for Gold and Silver? / Commodities / Gold & Silver 2009
I have to confess to a love affair that goes back a long ways with that exciting, hyper-volatile metal-- silver.
This week The Wall Street Journal reported that silver has enjoyed greater price gains than gold so far in 2009. The Journal noted that silver often follows gold, although sometimes with greater moves since it is a less-active market and thus more prone to volatile price swings. Naturally, silver’s stillness is limited to many consolidation periods, and to the early parts of a particular upleg. When silver finally does move near the end of a rally, the move is likely to be substantial. So far in 2009, December silver futures have risen 26%, while December gold is up 6%, the Journal reported.
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Sunday, August 30, 2009
Gold and Silver Hidden Chart Messages / Commodities / Gold & Silver 2009
We may have seen a blow off high for the 30 year T-bond when the price moved up and out of the channel that has been in effect since 1987. This channel was in place for 22 years without being violated in either direction. A blow-off high may indicate that a breach of the lower channel line will occur. A close below the lower channel line will indicate rising interest rates. That would be bullish for the U. S. Dollar and bearish for gold Vis a Vis the U. S. Dollar.
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Sunday, August 30, 2009
Gold Continues Towards the Mouth of a Megaphone Pattern / Commodities / Gold & Silver 2009
Gold price continues to move towards the mouth of a megaphone pattern. The longer it stays within the megaphone the weaker a break-out may be. Let’s hear it for a break-out NOW, and on the up side.
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Sunday, August 30, 2009
Palladiums Bullish Posture Bodes Well for All Precious Metals / Commodities / Gold & Silver 2009
The Economy - Congressman Ron Paul continues his relentless fight for freedom and liberty. The man is simply amazing. Words cannot express his actions. Here are three bills he recently introduced.
- HR 3395: The Health Freedom Act
- HR 3394: The Health Information Protection Act
- HR 3396: The Congressional Responsibility & Accountability Act
Sunday, August 30, 2009
Precious Metals Bull Market, We Haven't Seen Anything Yet / Commodities / Gold & Silver 2009
The stock market's still on tap for a ferocious fall after Labor Day, claims TraderTracks editor Roger Wiegand—as he told The Gold Report a few months back. The veteran prognosticator doesn't see much to be encouraged about on the global economic front, either, with the engines of growth "melting like snow in July." However, he does see the makings of some "pretty exciting" action in precious metals.
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