Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, April 27, 2009
Gold and Precious Metals Trading Report For the New Week / Commodities / Gold & Silver 2009
Last week was interesting with precious metals stocks finding support and moving higher to close above resistance on Friday. Not much has changed in the past few days other than the BP chart (bullish percent index chart) for gold miner stocks which has put in a short term bottom. If gold continues to push higher above its resistance trend line I think we could see gold stocks follow suite and eventually out perform gold.
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Sunday, April 26, 2009
Silver Eyeing Rally to Strong Resistance Area of $17 / Commodities / Gold & Silver 2009
Although it dropped a little below its mid-March hammer low, silver held above the key support identified in the last update, with its rally last week taking it away from the danger zone and opening up again the prospect of an upside breakout from the large Cup & Handle reversal pattern, that should lead to a strong advance. The fact that this support held, combined with the clearly defined downtrend that forms the Handle of the base pattern gives traders clearly defined parameters.
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Sunday, April 26, 2009
Gold Double Bottom Triggers Strong Bull Run / Commodities / Gold & Silver 2009
Last week gold rallied away from the danger zone, leaving behind a fine small Double bottom on its chart, and it is now shaping up to begin a strong run. On the 6-month chart we can see that gold honored the support described as being of key importance in the last update, rallying away from its early April low and its 200-day moving average to approach the return line of the downtrend channel shown. This is positive action that has created a cushion for those long gold.
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Sunday, April 26, 2009
The Impending Mother of all Oil Shocks / Commodities / Crude Oil
The other day I had an interesting conversation with someone who decides how much a small but significant portion of the world's oil reserves gets pumped.
I asked a question, "So long as the revenue from the oil that you pump is enough to meet the immediate needs of your country, why pump more?"
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Saturday, April 25, 2009
China Won't Be Saving Grace for Commodities / Commodities / Gold & Silver 2009
If you think that you can be a beneficiary of some commodity strategies, just stick with it in the downturn," says John J. Licata, chief investment strategist at Blue Phoenix Inc., adding "you'll be all the better for it." Bullish on gold, platinum, palladium and natural gas, John is anything but bullish on the recovery, which he sees happening later than expected. In this exclusive interview with The Gold Report, John shares his near- and long-term outlook on the various metals and discusses what he feels are the best investment plays in the sector right now.
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Friday, April 24, 2009
Where is the Gold Bull Market Heading? / Commodities / Gold & Silver 2009
When Gold Ruled the Earth, Part II - Ten years after gold's last bear market ended, just how much further might the metal have left to go from here...?
WATCHING SOMEBODY ELSE slip on a banana-skin always raises a laugh. Not least in the divine comedy of money and finance.
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Friday, April 24, 2009
Here is a chart of gold that I have been following / Commodities / Gold & Silver 2009
Here is a chart of gold that I have been following.
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Friday, April 24, 2009
Bullish Commodities Stocks / Commodities / CRB Index
Out of their dismal lows in early March, the stock markets rocketed 27% higher in a single month! After such fast gains, Wall Street remained skeptical. Was this a typical bear rally that would soon collapse? But as the last couple weeks have shown, it didn’t. Stocks not only held their rally gains, but they continued moving higher.
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Friday, April 24, 2009
Gold Pushes Above $900 on News of China Hoarding Gold / Commodities / Gold & Silver 2009
THE SPOT PRICE OF physical gold bullion added a further $8 per ounce to yesterday's $13 jump in Asian trade Friday, hitting its best level in April so far on news that the Chinese government has sharply increased its Gold reserves.
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Friday, April 24, 2009
China Demand Driving Bullish Reversal For Copper Prices / Commodities / Metals & Mining
Sean Brodrick writes: I have a chart of copper that I MUST share with you. Despite the bearish news on the global economy as a whole, copper is strong and getting stronger …
You can see that after plunging last fall, copper has spent months hammering out a rounded bottom. This kind of pattern is often an indicator of trend reversal. In this case, the trend would be reversing from bearish to bullish.
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Friday, April 24, 2009
Gold and Silver Shops Springing Up to Buy Your Precious Metals / Commodities / Gold & Silver 2009
Ellis Martin and David Morgan Discuss the Golden Envelope
Ellis Martin: I’ve been noticing something that I have not seen here before, David. I’m in the Greater Los Angeles area and in just a four- or five-block radius from where I am, there are at least four or five gold and silver shops that have sprung up and by gold and silver shops, [I mean that] they want to buy whatever you’ve got. It’s quite a phenomenon.
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Friday, April 24, 2009
Gold, Silver and Crude Oil Late Week Technical ETF Trading Update / Commodities / Crude Oil
Over the past two weeks the broad market has been inching its way higher. The recent intraday volatility indicates bull and bears are both trying to take control. Money flows in one hour and out the next. This is not the greatest price action for swing traders, but day traders love these powerful intraday moves.
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Thursday, April 23, 2009
Gold, Silver - Important Alert! / Commodities / Gold & Silver 2009
The Gold Direction Indicator is flashing another buy signal. This indicates that the pull-back that started late February is probably finished. A new rally is about to start.
Some of the monetary inflation that the Obama team is injecting into the system is starting to turn into price inflation.
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Thursday, April 23, 2009
Gold Miners ETF Hurdles Over Key Resistance / Commodities / Gold & Silver Stocks
Gold and the Market Vectors Gold Miners ETF (NYSE: GDX) are acting well as the market rolls over. They’re both climbing in unison this morning, but more importantly the strength in the GDX has hurdled key near-term resistance at 32.90-33.00, which from a technical perspective should trigger upside continuation towards a test of more important near-term resistance at 32.00-34.00.
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Wednesday, April 22, 2009
Warrants: The Devil is in the Details / Commodities / Options & Warrants
I was about to sing the praises of a new warrant that has just been issued by a Canadian gold mining company with producing mines in North, Central and South America and then I looked at the company’s prospectus – and now I am not so sure.
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Wednesday, April 22, 2009
Gold Bullion vs. Gold Mining Stocks Investing / Commodities / Gold & Silver 2009
Many investors believe their portfolios have exposure to gold and precious metals because they hold stocks in mining companies. Bullion and mining stocks should be viewed as two different investments. But as a safe haven, no gold or silver or platinum mining stock (or even an ETF) compares with actual physical bullion. Let’s examine why physical bullion is the superior investment to mining stock’s for long-term investors.
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Wednesday, April 22, 2009
Gold Gains in Sterling as Record UK Government Debt Sales Face Buyers' Strike / Commodities / Gold & Silver 2009
SPOT PRICES for physical gold held in a tight range early Wednesday in London, trading $10 below yesterday's one-week high at $885 an ounce for US investors.Read full article... Read full article...
Wednesday, April 22, 2009
Gold Price Forecast: Market-Long-Wave Analysis 2009-2012 / Commodities / Gold & Silver 2009
Apparently gold is "hard to value" since it doesn't have a cash flow (the gold game) (well actually until you decide to sell it has a negative cash flow because you got to keep it in vaults or nasty people are disposed to steal it).
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Wednesday, April 22, 2009
Matt Badiali: Focus on the Mining Sector Prospect Generators / Commodities / Metals & Mining
According to Matt Badiali, editor of S&A Oil Report, prospect generators represent the best opportunities in the mining sector. Instead of being cash-burning machines that dilute shareholder equity, they put up the initial investment on a property, "do the science," and then turn it over to a partner who puts up the money to drill the projects. He calls the power of the prospect-generating model "astonishing," and names some companies that he considers top-flight in the sector.
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Wednesday, April 22, 2009
New Gold & Red Back – Building a Major League Profile / Commodities / Gold & Silver Stocks
As a general rule, the most successful man in life is the man who has the best informationWith gold stocks, bigger is almost always better. When you look at the cash costs of the industry, almost all the lowest cost producers are major mining companies. Larger production means more ounces to amortize costs, so a lower cost per ounce.