Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, July 06, 2009
Crude Oil Points Lower / Commodities / Crude Oil
Now that oil prices have broken key support at $66.00/20 and have followed-through to $63.50 so far, let’s notice that today’s low represents a test of the rising 50-day moving average, which so far has contained the selling pressure. However, let’s also notice that my daily RSI momentum gauge remains pointed sharply lower, which is a warning signal that we should expect oil prices to break the 50 DMA and press lower towards $62.00 and possibly $60.00 thereafter.
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Monday, July 06, 2009
Gold Down vs. "Safe Haven" U.S. Dollar / Commodities / Gold & Silver 2009
THE PRICE OF GOLD for US investors fell 1.2% in London on Monday morning, but held flat against other major Western currencies as all markets bar government bonds fell against want one dealer called the "safe haven" Dollar.
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Sunday, July 05, 2009
The Technical Trader Dow, Gold, Silver, Crude Oil & Nat Gas Charts / Commodities / Commodities Trading
The technical trader looks at the market much differently than most. While many investors are confused when looking at charts which have been marked up by a technician, more experienced traders look at these charts as a map. Short term financial charts are riddles/maps allowing us to put all the pieces together creating a conclusion on how to profit in the near future.
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Sunday, July 05, 2009
Major Profits for Commodity Futures Trading In a Crisis / Commodities / Commodities Trading
Every crisis has created major profits for commodity futures trading. When utilizing a Trend Following strategy a commodity trading advisor makes himself ‘available for oppurtunities”. Most of the time in commodity futures trading nothing happens. Interestingly enough, really nothing has to happen. However in commodity futures trading history virtually all of the crisis of the world have generated LARGE profits for commodity trading advisors. All one has to do is look at last years economic collapse.
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Sunday, July 05, 2009
Gold Outperforms the U.S. Dollar During Deflation / Commodities / Gold & Silver 2009
Karl Denninger over at Market Ticker just came out with his 2009 prediction review bashing Gold and Robert Prechter has considered the entire run in Gold since 2000 some kind of weird Elliott Wave correction despite a 300% advance from the early 2000s. Deflation and Gold are not incompatible and it seems odd to me that such seasoned commentators are blind to it. I respect both of these gentlemen and their opinions but I disagree with their views on Gold.
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Friday, July 03, 2009
The Smart Grid Will Offer Exceptional Investing Opportunities / Commodities / Investing 2009
With the likely passage of the “Cap and trade” bill, many people are excited that renewable energy is set for further growth. Investments in wind turbines, solar panels, biomass, and capturing the power of ocean waves continue to interest investors. All of these technologies generate electrical power with minimal carbon emissions. Other investors are looking for ways to benefit from a cap and trade system.
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Friday, July 03, 2009
Gold is Money and Nothing Else / Commodities / Gold & Silver 2009
The title of this post is actually a quote from Mr. JP Morgan in the early 1900s during a Congressional hearing in the United States. Big league bankstas know the role of Gold in the system. Gold is the asset base upon which paper schemes and leverage are constructed. Gold is not a way to get rich, but it is savings and it is money.
Friday, July 03, 2009
Like the Crude Oil Spike Never Happened / Commodities / Crude Oil
Pricing crude oil out of the Dollar this Fourth of July...
SO THIS WEEK'S spike in the price of Brent crude oil to $73.50 was due to a "rogue trader".
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Friday, July 03, 2009
Silver Stocks and ETF / Commodities / Gold & Silver 2009
When the words “precious metals” are spoken, gold is usually what comes to mind first. And in the universe of PM stocks it is indeed gold that most miners are after. The vast majority of PM mining companies explore for and ultimately seek to find the Ancient Metal of Kings. But gold is not the only precious metal.
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Friday, July 03, 2009
Gold Ends Week Down Nearly 1% / Commodities / Gold & Silver 2009
THE PRICE OF GOLD recovered one-half of Thursday's drop in London on Friday, heading into the close 0.7% down for the week as world stock markets held flat after yesterday's sharp losses and government bonds ticked higher.
Friday, July 03, 2009
What’s Happening in Crude Oil? / Commodities / Crude Oil
The Macro Trader’s view:
The rally in oil from the beginning of the year always looked to us to be driven by speculation rather than fundamentals. In an environment where the global economy was still struggling to emerge from recession and supply was still plentiful, a rally of around $25 a barrel in two months seemed excessive.
Friday, July 03, 2009
CRB Commodities Index Pullback Now Underway / Commodities / CRB Index
The recovery in the CRB Index from a late Feb low reached our first objective on 11th Jun, the 23.6% recovery level. We were ready to see a pause in the uptrend here, and this has happened, with a corrective phase now in process.
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Friday, July 03, 2009
Silver Response to Inflation and Deflation the United States / Commodities / Gold & Silver 2009
The following is an excerpt from the March issue of The Morgan Report. This followed a lengthy discussion of how silver and gold both performed during inflationary and deflationary periods. Most of what I wrote was based upon the work of Roy Jastram and his work on Silver the Restless Metal and the Golden Constant.
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Friday, July 03, 2009
Lawrence Roulston: Challenges and Enormous Opportunities in Alternative Energy / Commodities / Renewable Energy
The Energy Report caught up with newsletter writer and analyst Lawrence Roulston, who recently launched the GreenTech Opportunities newsletter. In this exclusive interview with The Energy Report, Roulston gives us his thoughts on developments that are happening in the alternative energy field, and ideas for profiting in a changing world.
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Thursday, July 02, 2009
Captial Gains Tax Charged on Gold Profits / Commodities / Gold & Silver 2009
Capital Gains on Gold are punitively taxed at a higher rate than stocks or other investment capital gains, as they are treated as "collectibles." This is yet another way the government discourages Gold ownership and forces people to accept their intrinsically worthless paper tickets. Forcing people into the fiat casino so that they can be stripped of the fruits of their labor is the heart of what Gold Versus Paper is against.
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Thursday, July 02, 2009
Preserve Your Wealth with Precious Metals / Commodities / Gold & Silver 2009
“I’m not so much interested in the return on my money as I am the return of my capital." -Will Rogers
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Thursday, July 02, 2009
China Wants New Global Currency Which is Positive for Gold / Commodities / Gold & Silver 2009
Gold: China has requested that a new global currency be discussed at next week's Group of Eight meeting in Italy. The news sent the dollar into a downward spiral and the price of gold rallied above $940, confirming its status as a currency hedge.
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Thursday, July 02, 2009
Gold Bull Market Next stop is $2,100 not $1,300 / Commodities / Gold & Silver 2009
Practically everyone in the gold community has mentioned the inverse head and shoulders pattern on the gold chart and the corresponding $1,300 target. The target is correct but the interpretation of the pattern is not entirely correct. That target comes from the pattern being a reversal pattern but in the current case of Gold it is not a reversal pattern. There is no downtrend it is reversing from. However, the pattern can actually function as a continuation pattern as John Murphy explains in his book, Technical Analysis of the Financial Markets:
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Thursday, July 02, 2009
Gold Price Slumps After Failing to Break Higher / Commodities / Gold & Silver 2009
THE PRICE OF GOLD slumped into the New York opening once again on Thursday, dropping sharply from above $940 for the second time in two days as the Dollar rallied and stock markets fell on worse-than-expected US jobless data.
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Thursday, July 02, 2009
Gold: The Line of Least Resistance / Commodities / Gold & Silver 2009
Gold ! The ancient metal of kings. A lot has been written and discussed lately about gold's ability and inability to go parabolic and move past the 1000 USD barrier. There are fundamentally based discussions about effects of quantitative easing, the monetary basis, M3, the prospect of hyper-inflation vs. deflation, derivatives, artificial gold price suppression, Commitment of Traders reports.
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