Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, March 19, 2009
Central Banks are Buying Gold for their Reserves Now! / Commodities / Gold & Silver 2009
It is clear now that central banks are buying gold for their reserves. Here is a brief history leading to today and the present position of central banks as they turn to buying gold.Read full article... Read full article...
Thursday, March 19, 2009
Gold to Soar as the U.S. Dollar and then Treasury Bonds Collapse / Commodities / Gold & Silver 2009
You may have heard the old saying that "the Market is the news", and it is true. You don't have to look for explanations regarding yesterday's response by the markets to the Fed's announcement that it will buy $300 billion of Treasuries, you only have to look at the reaction of the markets. The dollar index tanked by nearly 3% - it's biggest drop for over 2 decades. That alone tells you all that you need to know.Read full article... Read full article...
Thursday, March 19, 2009
What Gold GLD Needs to Hurdle Over / Commodities / Gold & Silver 2009
My near-term work indicates that if the SPDR Gold Shares (NYSE: GLD) can hurdle and sustain above 94.40/50, we should expect upside continuation to 97.00 before a meaningful correction occurs. Conversely, inability to hurdle and sustain 94.40/50 will argue for a pullback that retests yesterday's upside breakout plateau at 92.50/00. Only a break of 91.80 will begin to compromise the still very bullish near-term technical set-up.Read full article... Read full article...
Thursday, March 19, 2009
Investing in Junior Precious Metal Mining Stocks Using Warrants / Commodities / Gold & Silver Stocks
While warrants have been in the news recently many investors still do not have a clue as to what they are or why they should at least consider including some long-term warrants on companies that they like in their investment portfolio's. It has been over 2 years since we have visited this title and content of this article so we sense it to be very timely.Read full article... Read full article...
Thursday, March 19, 2009
Fed Destroys the U.S. Dollar, Gold and Euro Soar / Commodities / Gold & Silver 2009
THE WHOLESALE SPOT PRICE of gold continued to rise for US-Dollar investors early Thursday, hitting $951 an ounce in London as the greenback fell versus all asset classes.Read full article... Read full article...
Thursday, March 19, 2009
Gold Volatile Trading on Federal Reserve's Move to Monetize U.S. Debt / Commodities / Gold & Silver 2009
Gold fell in US trading hours yesterday for no apparent reason but on the Fed announcement gold surged by nearly 7% in afterhours access trade. Gold leapt from its session low of $884.10/oz to a high of $946.20/oz, a jump of nearly 7 per cent and silver also surged some 7%. Gold subsequently gave up some of those gains but remains firm over $934/oz.Read full article... Read full article...
Thursday, March 19, 2009
Gold About to Burst Out of Its Recent Trading Range / Commodities / Gold & Silver 2009
Sean Brodrick writes: My friend Kevin just regaled me with a story about his trip to the mall — a guy was there handing out plastic bags for people to use to turn in their gold for cash. “Holy cow!” Kevin said. “It was like a mobile pawn shop.”
Kevin resisted the urge to run home, find his gold and sell it to the plastic-bagger at the mall. You see, Kevin is a smart cookie and knows a thing or two about gold. He's a buyer, not a seller, of gold coins.
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Thursday, March 19, 2009
Gold Gives Strong Buy Signal / Commodities / Gold & Silver 2009
What a crazy day! The Fed's announced plans to buy long-term Treasury bonds and increase its purchases of mortgage backed securities today sending everything higher except the US dollar which plummeted nearly 3% Wednesday.
Gold sold down into previous support levels during the morning only to snap back making a 7% price swing on the day. Gold closed up 3.4% on the session with an enormous engulfing bullish candle. The strong close sets the stage for a steady to higher open Thursday morning.
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Wednesday, March 18, 2009
Dying Fiat Currencies- Gold, Gossip and Russia's Tu-160 Bombers / Commodities / Gold & Silver 2009
"Germany in 1944 could buy materials during the war only with gold. Fiat money in extremis is accepted by nobody..." - Sir Alan of Greenspan, May 1999
FOR A WORLD-LEADING CLEARER turning over $60 billion per day, London's wholesale gold market sure spooks easy sometimes.
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Wednesday, March 18, 2009
Investing 2009: Brace for Spring Meltdown, Unpredictable Summer and Ferocious Fall / Commodities / Gold & Silver 2009
Last October, while the shock waves of the largest bankruptcy filing in U.S. history still reverberated around the world, Trader Tracks Editor Roger Wiegand shared some thoughts with The Gold Report. In what has turned out to be an eerie understatement, he told us, “The American public herd is moving beyond being just nervous. Now they are getting scared. There is real fear in the air with inflation, massive job cuts and a drumbeat of bad news.” Not quite six months later—when many of his peers say the worst is behind us after all, the Dow regained 11% in roughly three days last week—Roger is among those waiting for the other proverbial shoe(s) to drop.Read full article... Read full article...
Wednesday, March 18, 2009
Gold and Gold Stocks Behaviour During Deflation and Inflation / Commodities / Gold & Silver 2009
I've heard more than a few pundits question an investment in gold or gold stocks in the current environment. They point to deflation and the lack of inflation in the foreseeable future as reasons why precious metals should be avoided. Sounds intelligent on the surface but it reveals to this analyst, a lack of any thought and analysis.Read full article... Read full article...
Wednesday, March 18, 2009
Gold Buying Opportunity Of A Lifetime / Commodities / Gold & Silver 2009
Opportunity and crisis are uneasy handmaidens in times of danger; and, while crises may increase, opportunities are always rare.
The world is in the grip of an unprecedented crisis. Unlimited credit has now turned into its deadly nemesis, unlimited defaulting debt; and whereas only some of us were its beneficiaries, all of us will be its victims—all of us, except the very few.
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Tuesday, March 17, 2009
Best of the Gold and Silver ETF's / Commodities / Credit Crisis 2009
Among the Gold and Silver ETF's there is one that is superior to all the rest.
Early on March 17 th Max Hulbert reported that his Gold Newsletter Sentiment Index (which tracks leading gold advisories), had dipped into negative territory.
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Tuesday, March 17, 2009
Gold Buy Signal as Price Weakness an Opportunity to Accumulate / Commodities / Gold & Silver 2009
Ultimately, supply has to equal demand. That reality most of us accept. We can, for example, only consume the amount of adult beverage residing in the refrigerator. Once we have done so, no level of wishing will provide any adult beverages. In a fair world, too, we would all have the same amount of adult beverages in our refrigerator at any point in time. And as we write those words, we wonder why government does not do something about adult beverage inequality. And as we wrote those words, second thoughts developed. Any attempt by governments to redress adult beverage inequality would result in all having less adult beverages. Certainly, that would be undesirable.Read full article... Read full article...
Tuesday, March 17, 2009
Energy Powers Commodity DBC ETF Higher / Commodities / Investing 2009
The PowerShares DB Commodity Index ETF (DBC) has gapped up this morning, mostly because the energy complex is up significantly, but so are the grains, too, which has propelled the index above key near-term resistance at 19.50 – on the way to test a “flattening” 50 DMA (now at 19.85).Read full article... Read full article...
Tuesday, March 17, 2009
Gold Slips After US Housing Starts Jump Despite Supply Glut / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold dropped out of a tight range early Tuesday, slipping 1% as world stock markets also fell, reversing one-fifth of their surge last week.
Twelve months to the day since gold prices hit an all-time Dollar high at $1,025 an ounce – a peak which coincided with the firesale of Bear Stearns to J.P.Morgan – today's AM Gold Fix here in London stood 11% below last March 17th's record at $922.
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Tuesday, March 17, 2009
Gold Falling towards $900 Support / Commodities / Gold & Silver 2009
Gold fell yesterday for the first day in 3 and was down some 0.8%. Gold was flat in Asia but has fallen again in Europe to $915/oz. Support remains at $900/oz.The short term trend may remain down but the medium to long term trend remains up.
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Monday, March 16, 2009
Gold Pullback an Opportunity to Accumulate / Commodities / Gold & Silver 2009
As of this moment, despite the weakness in spot gold prices and the SPDR Gold Trust (NYSE: GLD) this morning, the near and intermediate-term technical conditions of the market are relatively strong. After last week's $50 upmove, the $25 giveback (at this morning's low of $915.30) reflects a “normal” correction within an otherwise bullish market environment.Read full article... Read full article...
Monday, March 16, 2009
Stocks Jump on G20 Plan as Gold Slips Lower / Commodities / Gold & Silver 2009
THE PRICE OF GOLD slipped 1% early Monday in London, falling alongside the US Dollar as world stock markets jumped. By lunchtime in London, the FTSE100 index stood back at this month's opening level – and more than 9% above the six-year low hit on March 5th – after the weekend's G20 meeting of leading policy-makers agreed a rough plan for buying up "impaired assets" from international finance houses.Read full article... Read full article...
Sunday, March 15, 2009
Gold and U.S. Dollar Trends Set to Diverge / Commodities / Gold & Silver 2009
Both the US $ and the price of gold have been in a rally mode for the past few months. Both are now taking a rest. However, the big difference is that the momentum for gold is still quite positive while that for the US $ is most definitely weakening. Something's gotta give and my money is on the US $ continuing to slide from here and gold to turn around back to the up side.Read full article... Read full article...