Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, April 29, 2009
Fastest US Recession Since 1946 Ignored by Stocks, Bonds and Commodities / Commodities / Gold & Silver 2009
Gold: "Excess Scrap Exhausted" as Fastest US Recession Since 1946 Ignored by Stocks, Bonds & Commodities
THE PRICE OF PHYSICAL GOLD spiked at the Wall Street opening on Wednesday, unwinding half of this week's losses to date as new data showed the US economy shrinking at its fastest pace in six decades.
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Wednesday, April 29, 2009
Gold Falls After Being Hit by Unusually Large Sell Orders / Commodities / Gold & Silver 2009
Gold fell marginally for a second day yesterday as gold continues to consolidate after last week’s 5% gain. Gold’s trading was erratic yesterday with unusually large sell orders leading to sharp falls in the price in seconds prior to mild rebounds. Such sharp and speedy declines are very unusual and would suggest a large player wanted gold prices lower in the futures market. Gold has risen some 0.5% this morning.
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Tuesday, April 28, 2009
Copper Supply and Demand - New Rule Book Still Being Written / Commodities / Metals & Mining
What's driving copper to its recent high of $2.20 a pound? If demand is down, how is it possible that the price of copper went up 40% to 50% within the last three months alone? "We're playing by a different set of rules now," says Gianni Kovacevic, corporate development strategist at Global Opportunities AG. In this exclusive interview with The Gold Report, Gianni discusses the changing face of copper and the new rule book being written for it.
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Tuesday, April 28, 2009
Beginner's Guide to Silver Investing - 7 Tips to Help You Make More Money with Silver Right Away / Commodities / Gold & Silver 2009
Recently, I met the owner of a well-known precious metals web site and I popped this question to him: "What do you think about investing in silver?". His reply was both profound and accurate. "David," he said, "The smart money is moving into gold, but the SMARTEST money is moving into silver!"Read full article... Read full article...
Tuesday, April 28, 2009
Swine Flu Virus Infects Gold and the U.S. Dollar / Commodities / Gold & Silver 2009
THE PRICE OF GOLD slumped for the third time inside 24 hours as the US opening approached on Tuesday, sinking 3.5% from yesterday's start to a four-session low of $886 an ounce.
Crude oil fell below $49 per barrel, while government bonds were bid higher, pushing the yield offered by 10-year US Treasuries to 2.90%.
Tuesday, April 28, 2009
U.S. Fed Fighting Against Monetary Laws of Physics Boosting Gold / Commodities / Gold & Silver 2009
How many gallons of water can one pump into a one gallon balloon? How high can one build a house of cards? In all such activities the laws of physics ultimately take control and dominate all else. Just as mankind can not repeal the laws of physics, it can not repeal the “Laws of Money.” The Federal Reserve is aggressively attempting to defy the “Laws of Money,” believing that it can stuff the money genie back in the bottle anytime it desires to do so.Read full article... Read full article...
Monday, April 27, 2009
Gold Stable as Swing Flu Hits Commodities / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold reversed an early 0.6% rise in London on Monday, slipping back to last week's Dollar-close but recording the best Morning Gold Fix since April 2nd at $911.75 an ounce.Read full article... Read full article...
Monday, April 27, 2009
The Best Way to Play the Coming Crude Oil Rebound / Commodities / Oil Companies
David Fessler writes: Crude oil is at a one month low, and lately it’s done nothing but drift lower and lower.
Sadly, that’s about to change.
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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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