Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, March 15, 2009
XAU Gold Stocks Rising Wedge False Breakdown? / Commodities / Gold & Silver Stocks
This analyst has been watching the markets in the past couple of weeks with a fascination akin to that associated with watching a snake charmer in action. In particular, he has been watching the rising wedge on the chart of the $XAU which caught his eye a few weeks ago and gave rise to an article with the same title as above, published on February 23rd. (See http://www.marketoracle.co.uk/Article9090.html )Read full article... Read full article...
Saturday, March 14, 2009
Gold Indexes: Comparing and Evaluating the HUI, XAU, GDX, XGD and CDNX / Commodities / Gold & Silver Stocks
Market analysts, investment newsletter writers and financial planners are always commenting on how well, or poorly, the precious metals (read gold) mining sector is doing based on how a particular gold/silver mining index is trending but they are not telling you the whole story.Read full article... Read full article...
Friday, March 13, 2009
Chemistry Looks Good for Gold / Commodities / Gold & Silver 2009
In this exclusive interview with The Gold Report, geologist Joseph M. Foster—a Van Eck Associates portfolio manager who also leads its International Investors Gold Fund—sees nothing but good news for gold in the months and years to come. Joe isn't holding his breath for mania to set in, but he does see a mix blending that will get gold “firing on all cylinders.” Once a declining dollar, increasing inflation and an improving economy fill the combustion chamber, all it will take is a sustained spark of optimism for gold to forge ahead.Read full article... Read full article...
Friday, March 13, 2009
Is the Bullish Stock Market SPX Trend Bearish for Gold? / Commodities / Gold & Silver 2009
This past Tuesday, the flagship S&P 500 stock index (SPX) surged 6.4% in its biggest daily rally since rocketing out of its panic low in late November. Gold, which was flat that morning, suffered increasing selling pressure as the day marched on. As the SPX strengthened, gold weakened in an inverse linear fashion. It ultimately fell 2.6% that day, sliding under $900 for the first time in a month.Read full article... Read full article...
Friday, March 13, 2009
Gold Surges Higher as Dollar Falls vs. Stocks and Euro / Commodities / Gold & Silver 2009
THE PRICE OF SPOT GOLD leapt in late-morning London trade on Friday, erasing nearly all of this week's 5% drop for US and UK investors, but falling straight back an hour later as New York opened for business.World stock markets meantime rose sharply once again, closing more than 5% higher in Tokyo.
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Friday, March 13, 2009
Silver SLV ETF / Commodities / Gold & Silver 2009
Recently (3-07-09) I was interviewed on Financial Sense Online , and the discussion revolved around the Silver Exchange Traded Fund (ETF). Mr. Jim Puplava, who hosts the show, asked some piercing questions about the gold and silver ETFs.
Something Jim and I discussed was that Barclays changed the words in the original prospectus from “Silver Bullion” to just “Silver,” which reading as a lawyer would, begs the question Why? To me it implies there might be other silver investments that count but are not necessarily bullion.
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Friday, March 13, 2009
Commodities Bubble Or Credit Bubble? / Commodities / Gold & Silver 2009
In the spring of 2008 oil tumbled from a high of $148 per barrel to $36 a barrel in December, and the commodities bubble was deemed popped. Gold dropped, silver fell roughly 58% from its high and palladium fell a remarkable 72% etc. But was this the result of a commodities bubble popping or could it possibly have been a credit bubble burst which happened to dramatically affect the price of commodities? This is important to understand in order for investors to determine where value is for future growth.Read full article... Read full article...
Thursday, March 12, 2009
Gold and Crude Oil Futures at Critical Bullish Turning Point / Commodities / Gold & Silver 2009
Gold bullion and Crude Oil are both setting up for a rally higher if they continue to complete the breakouts. Oil looks like the best trade from a quick glance with huge profit potential but its important not to under estimate gold bullion as it can generate big moves even though is has already made a nice rally this year.Read full article... Read full article...
Thursday, March 12, 2009
Natural Gas UNG ETF Oversold / Commodities / Natural Gas
My near, intermediate, and longer-term work in the U.S. Natural Gas Fund ETF (NYSE: UNG) is so oversold and is screaming for a very powerful recovery rally period that should propel prices to a minimum of 20.00 and more than likely to 25.00 in the upcoming days/weeks. The enclosed chart pattern argues strongly that the most recent downleg from the 1/06 high at 25.98 ended this morning at a new bear market low of 15.48, and that a recovery rally period is in its initial stages.Read full article... Read full article...
Thursday, March 12, 2009
Gold Jumps as Swiss National Bank Joins Printing Money Policy / Commodities / Gold & Silver 2009
THE PRICE OF GOLD jumped into the New York opening on Thursday, recovering two-thirds of this week's 5% losses as the surge in world stock markets reversed.By mid-afternoon in Frankfurt, the Dax index of German equities traded 0.9% lower.
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Thursday, March 12, 2009
Institutional Funds Supporting Precious Metals Bullish Trends / Commodities / Gold & Silver 2009
Gold and silver rallied over 1% and 2% yesterday as stock markets barely made gains in the US. Asian stock markets were mixed but the Nikkei fell 2.5% and most European markets are showing weakness again this morning and gold remains firm.Read full article... Read full article...
Wednesday, March 11, 2009
Awaiting Crude Oil's Test of Support / Commodities / Crude Oil
The most salient feature of the enclosed daily chart of nearby oil may well be the fact that BOTH the 20 and 50 day moving averages have turned up by virtue of the power of the Feb-Mar upmove from $33.55 to $48.83. Those moving averages are rising through the $41.25 area as we speak. In addition, let's notice that the support line of the Feb-Mar rally cuts across the price axis at $42.50, which is the next key near-term support zone prior to the confluence of the rising moving averages ($41.25).Read full article... Read full article...
Wednesday, March 11, 2009
Bank of England Begins Printing Money, Deflation Hits World's Top Exporters / Commodities / Gold & Silver 2009
THE SPOT PRICE OF physical gold bounced around $900 an ounce early Wednesday in London, recording an AM Gold Fix almost 4% below last week's finish as world stock markets continued Wall Street's best rally so far in 2009.
Tokyo stocks added 4.5% from their recent 26-year low, while Germany's Dax rose 7.5% for the week.
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Wednesday, March 11, 2009
Crude Oil Heading for $80 / Commodities / Crude Oil
For the first time since September of 2007, the crude oil (NYME_CL) market has flashed a positive signal that it is headed higher. This is the first buy signal that we have seen in over 18 months in the energy markets.Read full article... Read full article...
Wednesday, March 11, 2009
The Crude Oil Deflationary Bear Market / Commodities / Crude Oil
Yesterday on the blog I posted an email my sister sent me. ( Click here to read her note .) She asked me about the Oil market and its relation to the real estate market in the town she lives in.
As long time readers Know, I have been pretty bearish on Oil since last Summer. And now, even with the huge decline in prices I am still not bullish, though I respect the possibility of a good suckers' rally before the next wave of price destruction ensues. I will get into the pricing aspect in a bit.
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Tuesday, March 10, 2009
John Embry: Exclusive Interview with Canada's Foremost Gold Investor / Commodities / Gold & Silver 2009
Is gold the next “ hot ” investment? Or will it never break through the $1,000 threshold?
Some of the world's leading investors are currently placing their bets.
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Tuesday, March 10, 2009
Things Are Looking Up in the Junior Mining Stocks Sector / Commodities / Gold & Silver Stocks
Well-known and highly regarded throughout the mining and exploration community, Mercenary Geologist Mickey Fulp returns to tell The Gold Report readers about his growing Primer for the Lay Investor, share his musings on the junior resource sector and even hand out a few nugget-shopping suggestions.
The Gold Report: The third installment in your A Primer for the Lay Investo r series, “ The Good, the Bad, and the Butt Ugly ” appeared in The Gold Report on February 24. What's the short story there?
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Tuesday, March 10, 2009
Gold Slumps as Stock Markets, Euro Rise / Commodities / Gold & Silver 2009
THE SPOT PRICE OF gold bullion fell hard Tuesday lunchtime in London, dropping 2.2% to slip below $900 an ounce for the first time in one month.
European stock markets meantime bounced sharply, with London's FTSE100 index extending its best 3-day run in more than five weeks.
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Tuesday, March 10, 2009
Gold Continues to Sell off after recent bounce / Commodities / Gold & Silver 2009
After the bounce in recent days, gold sold off again yesterday and was down 2.77% (silver -3.2%). After the falls seen in the last two weeks a period of consolidation will be needed and gold may fall further prior to rising strongly above the psychological and technical level of $1,000/oz.Read full article... Read full article...
Monday, March 09, 2009
Gold Coin Shortage Likely to Become Chronic / Commodities / Gold & Silver 2009
Is the U.S. Mint's production problem long-term or short-term?
What will be the effect on gold coin prices?
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