Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Monday, March 09, 2009
Countries at Risk as Investors Rush Towards Safehaven's / Commodities / Gold & Silver 2009
Gold miners, because the number of discoveries was falling and existing deposits were being quickly depleted, have had to diversify away from the traditional geo-politically safe gold producing countries, i.e. Canada and the U.S. The move out of these “safe haven” countries has exposed investors to a lot of additional risk.Read full article... Read full article...
Monday, March 09, 2009
Commodities Showing Relative Strength Whilst Stock Markets Hit New Lows / Commodities / Investing 2009
While stocks have made new lows commodities have held up well and especially in the past few months. Compared to stocks, commodities have actually hit a new bull market high (relative terms).Read full article... Read full article...
Monday, March 09, 2009
Gold Dives as Euro and Stocks Bounce / Commodities / Gold & Silver 2009
THE SPOT PRICE of gold bullion slipped $16 per ounce to a three-session low as New York opened for business on Monday, trading at $924 as world equities struggled to cap four consecutive weeks of sharp losses.The Euro bounced from a two-cent drop to the Dollar, but the Pound Sterling collapsed to a 6-week low.
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Monday, March 09, 2009
Gold's Outlook Remains Positive / Commodities / Gold & Silver 2009
Gold’s recent downward trend may have ended last week after gold closed moderately higher for the week (gold +0.03% and silver +1.75%). The performance was impressive considering the continuing steep declines in stock markets (Nasdaq , DJIA, S&P down 6.1%, 6.17% and 7.03% respectively).Read full article... Read full article...
Sunday, March 08, 2009
Signs Global Economic Crisis Ending as Crude Oil and Copper Trend Higher / Commodities / Financial Markets 2009
Something truly remarkable happened last week that has major implications for the global economic crisis - despite all the doom and gloom and the broad stockmarket continuing to make new lows, copper broke out upside from a 3-month long base pattern. Why is this so important? - because copper has a history of being one of the earliest if not THE earliest lead indicators for the world economy, so much so that it is sometimes called Dr Copper. So what happened? - let's take a look on a 6-month chart.Read full article... Read full article...
Sunday, March 08, 2009
Waiting for the Obama Gold Rally / Commodities / Gold & Silver 2009
After eight straight days of decline we finally had a couple of up days in the price of gold. Still, the upside was not all that convincing. I'm still waiting for that Obama rally (in gold, that is). It shouldn't be much longer now.Read full article... Read full article...
Friday, March 06, 2009
Gold $2000 by the End of 2009 / Commodities / Gold & Silver 2009
Successful entrepreneur turned bullion dealer Greg McCoach brings more than 20 years of business experience, a vast network of mining contacts and his unique precious metals industry insights to the mining investment newsletter he launched in 2001, The Mining Speculator. In this exclusive interview with The Gold Report, Greg outlines the ‘new' criteria for junior miners, explains why he favors the juniors over more senior producers and advises a combination of both physical metal and stocks for investors to protect themselves in today's market.Read full article... Read full article...
Friday, March 06, 2009
Gold and $HUI Looking Bullish / Commodities / Gold & Silver 2009
Gold and miners continue to act very well. Here are some charts I am following.Read full article... Read full article...
Friday, March 06, 2009
The Silver Pit and Archie's Rule / Commodities / Gold & Silver 2009
In the February issue of The Morgan Report , we produced a feature that is of extreme significance to those of us who are serious about making money in the mining sector. We have diverted a bit from starting off the report with a quote and instead ask a very important question.
“What is an economic mining project?” A question any serious mining investor should ask!
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Friday, March 06, 2009
Gold and Euro Surge on U.S. Job Losses / Commodities / Gold & Silver 2009
THE PRICE OF GOLD in US Dollars moved in lock-step with the European single currency early Friday, breaking the pattern of the last seven weeks as the United States reported its worst jobless data since 1983.US payrolls shrank by 651,000 in Feb., the Bureau for Labor Studies reported, pushing the unemployment rate to 8.1%.
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Friday, March 06, 2009
Gold Bounces Back as Citigroup Becomes a Penny Stock / Commodities / Gold & Silver 2009
As expected gold bounced yesterday after its recent sharp falls. Gold's lack of correlation with equities (gold has occasional very short term correlation with equities) was seen again as gold and silver were up some 2% while major US indices were down by some 4%.Read full article... Read full article...
Thursday, March 05, 2009
Gold "A Buying Opportunity" as Europe's Central Banks Turn to Inflation / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold held steady in Asia and London on Thursday morning, moving in a tight $2 range either side of $912 per ounce as traders waited for key interest-rate decisions from the Bank of England and European Central Bank (ECB).Read full article... Read full article...
Thursday, March 05, 2009
Gold Oversold / Commodities / Gold & Silver 2009
Gold fell for the eight straight session yesterday to have the longest losing streak since June 2006 (silver broke its losing streak). Gold is clearly oversold in the short term and due a bounce. The question is whether the bounce will lead to another challenge of resistance at $1,000/oz sooner than most expect or whether the bounce is a prelude to further weakness which could see gold fall to as low as support between $850/oz and $880/oz.Read full article... Read full article...
Thursday, March 05, 2009
Gold Bull Market Low Risk Buying Opportunity / Commodities / Gold & Silver 2009
Gold and gold stocks have had a nice controlled correction over the past 9 days. We look to be nearing the bottom of the bull trend channel, which could be a great buy point. If gold has a reversal around this level, then it would make for a low risk buy signal. But there is one issue, which really concerns me, which I will explain later.Read full article... Read full article...
Wednesday, March 04, 2009
Gold Follows Stocks and Crude Oil Higher / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold rose Wednesday lunchtime in London, cutting yesterday's 2.6% loss in half as world stock markets also bounced hard.Commodities rose across the board too, leading analysts to cite rumors of a fresh China stimulus package due from the Beijing regime on Thursday.
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Wednesday, March 04, 2009
Gold Continues to Correct From $1000 / Commodities / Gold & Silver 2009
Gold fell for the seventh straight day yesterday and is now down nearly 9% from its recent high just above $1,000/oz - see chart below).Read full article... Read full article...
Wednesday, March 04, 2009
Weimar Hyperinflation Gold And Silver Ratio Revisited / Commodities / Articles
I wrote an article some years back pointing out an interesting fact about gold and silver during the great Weimar hyperinflation. That article lay dormant for some time until last October when I suddenly received dozens of emails about it from gold investors. As it turned out, the article had been mentioned on the website of one of gold's well known commentators and hence the rush of emails.Read full article... Read full article...