Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, June 10, 2009

The #1 Predictor of Inflation or Deflation / Commodities / CRB Index

By: INO

There is an indicator which has been around since 1957. It has accurately forecasted every inflationary and deflationary cycle since.

This is my number one indicator for large cyclic trends. You may want to watch this index carefully should you want to invest in certain stocks and commodity related markets.

Wednesday, June 10, 2009

Gold Rises as Stocks, Crude Oil Leap on Weak U.S. Dollar / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD rose early Wednesday, recovering two-fifths of last week's 4.5% sell-off at $963 per ounce as stocks and crude oil leapt on Dollar weakness.

"The price action for the past week has been bearish following test of 990," says the latest technical analysis from London market-makers Scotia Mocatta. "We believe the market will look to sell Gold on any rally while 966 holds [as resistance]."

Wednesday, June 10, 2009

Gold Targetting Resistance at $968 on U.S. Dollar Weakness / Commodities / Gold & Silver 2009

By: Mark_OByrne

Gold
The gold market continues to track the dollar. As the dollar retraces recent gains against the major currencies, touching a two week low on Monday, gold currently stands at $961.10. With many FX analysts currently holding a medium-term bearish view on the dollar, the outlook remains positive for gold. The next resistance level for gold is at $968 followed by $983. Support is currently at $941 & $935.

Tuesday, June 09, 2009

Silver’s 61.8% Fibonacci Top Is Here / Commodities / Gold & Silver 2009

By: Florian_Grummes

It´s time again to update my technical perspective on silver.

Last week the strong rally in Silver ended exactly at the 61.8% retracement from the bear market since the summer 2008 from the $21.44 low to the november low $8.40. I still find id amazing how precise markets can be at times.

Tuesday, June 09, 2009

Silver's Scarcity Price Premium / Commodities / Gold & Silver 2009

By: The_Gold_Report

'Silver and gold, silver and gold'. . .what to invest in—silver or gold? Investors on either side of this long-running debate are passionate about their precious metal of choice. But are they looking—or listening—to the right indicators? In this exclusive interview with The Gold Report, Mike Kachanovsky, aka 'Mexico Mike' from his Investor's Digest of Canada column, discusses historical changes in the gold-to-silver price ratio, shrinking supply. . .and what to buy.

Tuesday, June 09, 2009

New Upleg for DBA Agriculture ETF / Commodities / Agricultural Commodities

By: Mike_Paulenoff

All of the action in the PowerShares DB Agriculture ETF (NYSE: DBA) off of the June 1 recovery high at 28.87 into yesterday’s low at 27.71 looks to me like it represents a completed pullback atop a powerful upleg off of the March low at 22.37.  If my work proves correct, then the DBA has pivoted to the upside into a new upleg that should revisit and hurdle 28.87 on the way to 29.50-30.00.  Only a plunge that slices beneath 27.20 will begin to compromise my near-term scenario.

Tuesday, June 09, 2009

Gold Positive Outlook / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE SPOT PRICE OF GOLD ticked north of a tight $6 range Tuesday lunchtime in London, moving 1.4% above yesterday's two-week low to $957 per ounce as Asian stock markets closed lower and the US Dollar eased back on the currency markets.

Government bond prices rose, pushing long-term interest rates lower. Crude oil added 1% to move back above $69 per barrel.

Tuesday, June 09, 2009

Gordon Brown Survives to Fight Another Day / Commodities / Gold & Silver 2009

By: Mark_OByrne

Gold was mostly flat on Tuesday, trading around $950 as the dollar took a break from its rally, improving the precious metal's appeal as a currency hedge. Bullion neared $1,000 per ounce last week, a key level it last topped in February, as worries about inflation and a weaker US currency increased gold's attraction as an alternative investment.

Monday, June 08, 2009

How Much Gold Should Investors Own / Commodities / Gold & Silver 2009

By: DailyWealth

Dr. Steve Sjuggerud writes: You often hear "You need to own gold!" But how much is the right amount?

You don't want to own too little gold and have the purchasing power of all your savings shrink dramatically. You can't afford that. But you don't want to be an end-of-the-world nutcase either.

Monday, June 08, 2009

Gold Heading Below $900 on Seasonal and Fed Driven Reduction in U.S. Dollar Liquidity / Commodities / Gold & Silver 2009

By: Ned_W_Schmidt

As the investment community celebrates the first bankruptcy of General Motors, a look around the world reveals the vast financial acumen of governments. We do not have to stop with the financial irresponsibility of the Obama Regime, evident by the two trillion dollar plus deficit. We could just as well turn to the expense account scandal that may bring down the UK government. Or, we could look to the financial wizardry of California, or the high finance skills so evident in Jefferson County, Alabama. Or, we could watch in wonder as oil production collapses in Mexico and Venezuela where  politicians have squandered oil revenues.

Monday, June 08, 2009

Gold GLD ETF Correction Nearly Complete / Commodities / Gold & Silver 2009

By: Mike_Paulenoff

The week-long stairstep decline in the SPDR Gold Shares (NYSE: GLD) has the right look of a completed – or nearly completed – correction off of the June 1 high at 97.00 into today’s low at 92.58.  Although I would not be surprised if the price structure remained in the 93.50-92.50 area for another day or two to build a corrective base formation, my overall chart work off of the April lows near 85 argues strongly that another upleg is needed to finish the larger April-June advance.  If my work proves accurate, then the GLD should be heading for 98.00-100.00 in the upcoming days/weeks.

Monday, June 08, 2009

Why the Time Could Be Right for Investing in Gold Mining Stocks / Commodities / Gold & Silver 2009

By: Frank_Holmes

Conditions have improved for gold equities, and economic policy decisions being made in Washington could further increase the investment appeal of these mining stocks.

The charts below clearly illustrate the relationship between gold-mining stocks and the federal budget.

Monday, June 08, 2009

Gold and Silver Correction Over, or is This Just a Beginning? / Commodities / Gold & Silver 2009

By: Przemyslaw_Radomski

This week we have seen precious metals and mining stocks peak, just as I’ve indicated in the previous Premium Update. In the summary of last week’s update I wrote that “Although prices of gold, silver and mining stocks are reaching their own resistance levels, such a correction will most likely be caused by some kind of catalyst, probably a strong move in the U.S. Dollar, or in the general stock market”. It turned out that the catalyst was in fact the U.S. Dollar, however I will get back to this issue later in this update.

Monday, June 08, 2009

Investing in Commodities: The Three Greenest Economic Shoots of All / Commodities / Gold & Silver 2009

By: Q1_Publishing

This is how a recovery begins.

A few months ago it seemed like there was no end to the downward spiral. More than 20,000 people were losing their jobs every day. The stock market was steadily falling. Panicked consumers were cutting back aggressively. The government pushed through $787 billion in emergency stimulus spending under the guise of getting the economy going again.

Monday, June 08, 2009

Gold Sharp Sell off Continues / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD sank to a 10-day low versus the Dollar as the New York opening drew near on Monday morning, holding little changed for non-US investors as the world's No.1 reserve currency rose and stock markets fell.

Monday, June 08, 2009

Silver Ugly Double Bearish Engulfing Chart Pattern / Commodities / Gold & Silver 2009

By: Clive_Maund

Silver has behaved pretty much as forecast in the last update posted late in April, entering into a fairly vigorous uptrend that has taken it up to our minimum target at the strong resistance at and above $16. It even paused and reacted at the $14.30 area as predicted. Last week, however, it showed signs of serious technical deterioration, so that even though it is still just within the uptrend, it is thought likely that it will soon break down into a reactive phase, and as silver has a habit of going down one helluva lot faster than it goes up, experienced traders will know what that means.

Monday, June 08, 2009

Gold Uptrend Weakens as U.S. Dollar Bounces off Support / Commodities / Gold & Silver 2009

By: Clive_Maund

Gold did embark on a new intermediate uptrend as predicted in the last Gold Market update posted towards the end of April, however, the uptrend was not as strong as expected and it failed to break out to new dollar highs and is now starting to weaken again without mounting a serious challenge of the highs first. This is bearish for the short to medium-term.

Sunday, June 07, 2009

Gold, Silver, Crude Oil and Natural Gas Commodities Analysis / Commodities / Exchange Traded Funds

By: Chris_Vermeulen

Commodities have been driving up the past few months and now it looks like Natural Gas is going to be joining the party. This report quickly and clearly shows Gold, Silver, Oil, and Natural Gas from a technical trading point of view.

Sunday, June 07, 2009

Gold Myth Busting- U.S. Dollar, Deflation and Hyperinflation / Commodities / Gold & Silver 2009

By: Adam_Brochert

There are a lot of myths and “old wives’ tales” out there about Gold and the frequently accompanying topics of inflation and deflation. In no particular order, I’d like to debunk three big ones with facts rather than universally accepted catch-phrases that prey on lazy investors and speculators.

Sunday, June 07, 2009

Gold Fails at $1000 Resistance, Trend Turns Lower / Commodities / Gold & Silver 2009

By: Merv_Burak

That $1000 level seems to be a tough nut to crack.  It’s looking like we’re in for some rough times ahead in the gold market.  At this point it is not serious but gold could drop a notch or two over the next few weeks.