Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, June 14, 2009
Gold Bullish Trend Intact Despite Strong Reaction From $1000 / Commodities / Gold & Silver 2009
The U.S. Dollar Index rallied for a few days but is once more showing weakness. With all that debt and printed money, how can the $ stay up there for so long? Both the $ and gold were down on the week. So much for moving in opposite directions.
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Sunday, June 14, 2009
What's the Relationship Between the U.S. Dollar and Commodities? / Commodities / US Dollar
Bryan Rich writes: The dollar can’t manage to find its way out of the limelight these days. There’s speculation about its demise and the loss of its world reserve currency status. It’s even blamed for higher gas prices.
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Saturday, June 13, 2009
Gold Rally Continuation Potentially in Doubt / Commodities / Gold & Silver 2009
The more I examine gold market technicals, the more suspicions I have about its rally potential. The recent weakness in spot gold prices has just pierced the sharply rising 20-day moving average for the first time since the April lows at $864.50. In the past, a sustained downside violation of the 20 DMA has represented a near-term sell signal that invariably runs prices towards a test of the 50 DMA thereafter.
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Saturday, June 13, 2009
Will the Gold Price Fall, When Consumer Confidence Really Rises? / Commodities / Gold & Silver 2009
Here we are with the gold price pulling back towards $900 after threatening $1,000. It hit $985 then pulled back into the $930's. Traders did not want to be in the lead in taking it over $1,000. Now it needs time to re-group and build up the strength and the reason why it should go through $1,000. Long-term investors have been on the sidelines since gold ran through the $900 level and COMEX speculators have jumped in 'boots an' all' taking it up on a Technical basis to just below $1,000.
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Friday, June 12, 2009
John Embry Expects $1,500 Gold and Early Stage Hyperinflation by Year End / Commodities / Gold & Silver 2009
Back for another thought-provoking conversation with The Gold Report, John Embry sees both good and bad news in the weeks, months and years ahead. For example, John— Sprott Asset Management's chief investment strategist—is braced for "an ugly summer," with "another significant test in the equity market." Before year-end, he anticipates $1,500 gold—but also the beginning of worldwide hyperinflation that may take many Americans by surprise. And while John is bearish on world economies for the next few years, within that same time he looks toward "numerous 5- and 10-baggers" among small-cap gold producers and junior explorers with solid projects.
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Friday, June 12, 2009
China's New Commodity Hoard / Commodities / China Economy
In April, China announced that it purchased 454 metric tons of gold over the past six years. However, gold isn’t the only metal the Chinese have been buying. According to Michael Gaylard of Freight Investor Services, “They are building up some stockpiles right across the commodity spectrum, from base metals to coal.”
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Friday, June 12, 2009
Farmland Investing, the Quiet Land Grab is Just Beginning / Commodities / CRB Index
According to the Economist, Saudi Arabia, Kuwait, and China have been “quietly” buying up more than $20 billion of this asset.
It’s not oil or natural gas assets though. And it’s not the molybdenum they need to build thousands of miles of new pipelines. They’re buying up one of my favorite long-term investments, farmland.
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Friday, June 12, 2009
Is Silver Money? (Revisited) / Commodities / Gold & Silver 2009
I just returned from the Cambridge House Investment Conference in Vancouver, BC, and found this to be one of the best precious metals gatherings ever, not so much from the perspective of a number of attendees, but from the quality of the people who did attend.
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Friday, June 12, 2009
Surging Commodity Prices the Unintended Consequences of Printing Money / Commodities / Quantitative Easing
Mike Larson writes: So let me see if I get this straight. From their recent lows …
Crude oil prices have more than doubled — to $72 a barrel from $33.55.
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Friday, June 12, 2009
Crude Oil - The New World Currency / Commodities / Crude Oil
Investors continued to abandon fiat currencies in favour of the worlds main commodity based currency, crude oil that continues its strong rally against all fiat currencies.
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Friday, June 12, 2009
Gold Tumbles on U.S. Dollar Rally / Commodities / Gold & Silver 2009
Gold Unwinds 2/5ths of Rally as Dollar Rises; 5% Allocation Advised for Investors, 40% "Easily Justified" or Central Banks
THE SPOT PRICE OF GOLD slipped to new 3-week lows Friday lunchtime in London, unwinding two-fifths of the 14% rally from mid-April as the US Dollar rose and oil prices retreated from yesterday's new 8-month highs.
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Friday, June 12, 2009
Asian Central Banks Adding to Their Gold Reserves / Commodities / Gold & Silver 2009
Gold: Gold's short term movements are still intrinsically linked to whatever the dollar is doing at the moment. Gold is currently trading at $949.50 and $950 seems to be where the market is settling for the time being. In the medium to long term, gold will still be sought after by investors wishing to hedge against very real inflationary worries. The US bond market is under huge pressure with increasing yields. A huge sell off would spark a fall in the dollar and a rise in long term interest rates.
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Friday, June 12, 2009
Silver Temporary Setback / Commodities / Gold & Silver 2009
A recent Key Reversal Day, ahead of key resistance. This could be enough to justify a shorter term bear stance in Silver, notwithstanding the latest rebound. And the reward/risk ratio looks sufficiently large too…
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Friday, June 12, 2009
Metal Prices Creating Another Financial Bubble? / Commodities / Metals & Mining
against the background of the sliding dollar. Nickel had the most considerable price increase at London Metal Exchange today. A ton of this metal gained 5.09 percent and reached the maximum of this year – $15359.
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Thursday, June 11, 2009
Alternative Energy Bull Market Coming / Commodities / Renewable Energy
Last week, The Energy Report brought you Casey Research Investment Analyst Marin Katusa's outlook for uranium and nuclear energy. In today's edition, Casey Research colleague Dr. Marc Bustin joins Marin to talk about major forces driving prospects for other segments within the energy sector—solar, hydro and geothermal, as well as coal, oil and natural gas.
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Thursday, June 11, 2009
Natural Gas UNG ETF Pierces Resistance / Commodities / Natural Gas
This morning’s slightly better than expected inventory data coupled with continued strength in the oil market has helped to propel the U.S. Natural Gas Fund ETF (NYSE: UNG) from 14.00 to 15.33, which has pierced the May-June resistance line at 15.20. At this juncture, the ability of the UNG to hold its gains above 15.00 will be considered very constructive action. If such proves to be the case, then I will be expecting the UNG to race towards a test of the June 2 high at 16.10 quickly, to complete an impressive near-term (double) bottom.Read full article... Read full article...
Thursday, June 11, 2009
Gold Near $950 as U.S. Treasury Bonds Fall Again / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rebounded off yesterday's low beneath $950 an ounce Thursday morning in London, ticking down from Monday's 3-month high as world stock markets held flat and government debt prices fell.Read full article... Read full article...
Thursday, June 11, 2009
Gold Tracking U.S. Dollar / Commodities / Gold & Silver 2009
Gold: Gained nearly 0.5% yesterday as it continues to track the fortunes, or lack thereof, of the dollar. It is currently trading at $953.30. Very strong support is showing at $935 with resistance still looking to break the magic $1000 level.Read full article... Read full article...
Thursday, June 11, 2009
Commodity Markets, Gold, Silver and Oil- What to do Next? / Commodities / Gold & Silver 2009
With so much happening in the market, emotions flying high and from being blinded by fear and greed many investors are wondering What do I do now?
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Wednesday, June 10, 2009
Why Gold Mining Stocks and Warrants are Up so Dramatically / Commodities / Options & Warrants
Every investor has a wide array of asset classes and investment vehicles to consider – stocks; bonds; commodities; funds; options; LEAPS; etc. and the relatively unknown and misunderstood category called ‘warrants’. This article discusses the reasons behind the performance to date of commodity related company stocks (i.e. gold, silver and other metal miners and oil and gas operators) and their associated warrants vis-à-vis the aforementioned categories.
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