Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, February 26, 2009
Gold Slips Again as Global Stocks Bounce / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL GOLD slipped further in Asia and London on Thursday, dropping to a two-week low beneath $940 an ounce as world stock markets rose for the second time in 13 sessions.Read full article... Read full article...
Wednesday, February 25, 2009
War for Muslim Gold and Silver: Goldsmiths Part XXXIX / Commodities / Gold & Silver 2009
As discussed in an article on World Power Blocs at www.analysis-news.com , and in other Goldsmiths' material, there is strong evidence that in coming days the Muslim empire of the South will have treasures of gold and silver which may invite a military invasion, evidently by a power bloc in the North. The Northern power will seize, steal or otherwise take possession/rulership of the gold and silver treasures in the South.Read full article... Read full article...
Wednesday, February 25, 2009
Worried Investors Want Gold on Hand / Commodities / Gold & Silver 2009
Bob Coleman submits: Worried Investors Want Gold on Hand Some investors are so worried about the prospect of economic collapse that they are buying gold and having it delivered to them, rather than holding the precious metal in the form of futures contracts or other securities.Read full article... Read full article...
Wednesday, February 25, 2009
Obama's Stimulus Will Send Gold and Gold Stocks Into the Dustbin / Commodities / Gold & Silver Stocks
We've been stressing the point ad nauseum for roughly a month now that what's necessary to get markets in gear and put the money back to work is theater, financial theater, and it appears we're about to get it. Today. Finally.Read full article... Read full article...
Wednesday, February 25, 2009
Gold Continues to Correct From Bull Run to $1000 / Commodities / Gold & Silver 2009
THE SPOT PRICE OF GOLD continued to slide early Wednesday, recording their lowest London Gold Fix in seven sessions at $956.25 an ounce.
Crude oil held above $40 per barrel and government bonds were flat – yielding 2.82% on the 10-year US Treasury – after President Barack Obama assured TV viewers and Congress alike that although his massive stimulus spending means "We will rebuild, we will recover...the weight of this crisis will not determine the destiny of this nation."
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Wednesday, February 25, 2009
Gold Production in South Africa Plunges to 90 Year Lows / Commodities / Gold & Silver 2009
Gold fell yesterday on profit taking and ended the day down 2.3% at $969.25/oz (silver fell by 3.1% to $13.98/oz).
A short term correction was expected and warned of and this correction was necessary after gold becoming overbought in the short term. Gold had rallied over $100 (from $890/oz on February 9th to just over $1,000/oz on February 20th) or some 12% in less than two weeks. Such an appreciation in any asset class in such a short period of time is unsustainable.
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Wednesday, February 25, 2009
Smart Money Moving Out of Gold: Trading Gold, SIlver and Oil ETF's / Commodities / Gold & Silver 2009
The past few days have been stressful, as I watched gold slowly work its way higher without a decent correction to take another position. Both gold and silver have been on a tear moving higher not allowing the more conservative trader like my self with a low risk setup and entry point. I am not a fan of chasing prices higher, as it generally leads to a quick loss when prices snap back and correct from an over bought state. This is what both gold and silver did today and I expect to see lower prices over the next week or so, depending on how fast they correct. Last Friday I mentioned the open interest on gold went down sharply, which told me that smart money was moving out of gold and that is always a RED FLAG. Let's take a look at the charts below because that's what trading is all about Price Action.Read full article... Read full article...
Wednesday, February 25, 2009
$XAU Rising Wedge Pattern / Commodities / Gold & Silver 2009
(Response to a reader’s query)
Hi Dock, I’m not a trader on the markets. My decision with gold is that I own some gold shares as an insurance policy in the short term but also as investment for the long term. The company is an up and coming miner with at least 10 million ounces of resources and perhaps 50 million ounces – time will tell. I will hold those shares over the long term regardless of what the market does over the short term. That particular mine will make a profit at any price of gold above US$500 an ounce when it reaches its minimum maintainable annual production. That situation is expected to manifest within the next 12-18 months and the business has the capital resources to ensure this outcome.
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Wednesday, February 25, 2009
Doug Casey: Investment Opportunities Amidst Economic Crisis / Commodities / Investing 2009
Bullion and oil appear in the lineup of power players that Doug Casey thinks investors can count on as the world slips deeper and deeper into what he calls the “Greater Depression.” Despite the raging economic storm and Doug's doubts that Western civilization's governments will take the actions needed to quell it, though, the Chairman of Casey Research is nowhere close to calling the game. In fact, he sees silver lining in the clouds of crisis—opportunity—and expresses optimism that technological advances, coupled with capital rebuilding once over-consumption runs its course, will prevail eventually. The Gold Report caught up with the peripatetic author, publisher and professional international investor between polo matches in New Zealand, one of several nation-states he calls home from time to time.
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Tuesday, February 24, 2009
Not All Commodities Stocks are Treated Equal (Part 2) / Commodities / Investing 2009
The first part of this two-part series essentially looked into the different effects monetary occurrences and supply and demand fundamentals can have on commodity prices. Monetary authorities around the world are implementing rampart growth in the money supply and quantitative easing in the form of negative real interest rates; meanwhile, the global economy is in free fall. The factors have opposite effects on commodity prices. We came to the logical conclusion that we wanted to give our portfolio exposure to the commodities that have significant monetary uses, aren't cyclical, or both. Two good examples are gold and the grains. I want to be careful with my next statement.Read full article... Read full article...
Tuesday, February 24, 2009
GOLD At $1000 / Commodities / Gold & Silver 2009
Howard S. Katz writes: Here is the great, grand cycle bull market in gold which started in 2001 and has, thus far, multiplied its price by a factor of 4. (The grand cycle bull market in gold of the 1970s multiplied its price by a factor of 25 before it was over.) It is a simple chart, but it has many important lessons (which few understand). On the central economic question of our time — is there going to be currency depreciation or currency appreciation - this chart speaks volumes.Read full article... Read full article...
Tuesday, February 24, 2009
Gold Safehaven Investing- How to Buy Gold Bullion Online with BullionVault / Commodities / Gold & Silver 2009
The gold price continues to respond strongly to the global Zero Interest Rate Policies (ZIRP) and "Quantative Easing" aka "Money Printing" that is increasingly setting the scene for the current price deflation as a consequence of the credit bubble bursting and asset price collapse of 2008 to give way to much higher inflation, Gold as a leading indicator of future inflation has again recently crossed back above $1000. Which according to my forecast for 2009 is now due to trigger an imminent significant correction and potential opportunity to accumulate.Read full article... Read full article...
Tuesday, February 24, 2009
Gold Grows Volatile as Retail Investors Threaten Stock Market Crash / Commodities / Gold & Silver 2009
THE PRICE OF physical gold dipped 1.5% at the New York opening on Tuesday, growing volatile against all major currencies as world stock markets fell for the eleventh session running.Poland's WIG20 index – down by more than one half since Feb. '08 – lost another 0.9% despite pan-European proposals to rescue former Soviet Bloc states.
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Tuesday, February 24, 2009
Investors Need to Focus on Agri-Foods Structural Bull Market / Commodities / Agricultural Commodities
We have noticed some fundamental differences between the governments of China and the U.S. First, the U.S. government owes the rest of the world almost $11 trillion. China has about $2 trillion of reserves built up over the years. The U.S. Secretary of State was in China this weekend begging for them to buy more U.S. debt. China was noncommittal.Read full article... Read full article...
Tuesday, February 24, 2009
Gold Bull Market Being Driven by Low Interest Rates / Commodities / Gold & Silver 2009
Gold and silver remained resilient yesterday (gold slightly lower; silver slightly higher) despite the continual wave of mini tsunamis shaking the global economy. World stock markets continue to reel from the deterioration of the financial system which is spreading to the global economy and the DJIA fell to levels last seen in 1997 and the Nikkei fell to levels last seen 26 years ago in 1983.Read full article... Read full article...
Tuesday, February 24, 2009
Gold Premiums on Ebay Rise Again Despite Record Prices / Commodities / Gold & Silver 2009
Are you surprised? Once again one can not help but feel a certain unease about the latest and greatest in global economic news. What has once been unthinkable in terms of collapse first became a fringe perspective , then an analyst's opinion , and has now evolved into prime time entertainment . What a difference a year makes…Read full article... Read full article...
Monday, February 23, 2009
Gold Bull Market, More Strength on the Way / Commodities / Gold & Silver 2009
Gold shot up, reaching a nearly one year high today, and rapidly approaching its record high area.
The ongoing current A rise that started last November is the strongest in this bull market and the strongest since 1999. Since this is an abnormally strong 'A' rise in an abnormal world recession, if gold reaches a new record high above $1004, gold will most likely be embarking on the start of a great bull market rise.
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Monday, February 23, 2009
Investing in Gold Exploration Companies / Commodities / Gold & Silver Stocks
An abridged excerpt from “The Goldwatcher: Demystifying Gold Investing,” co-authored by Frank Holmes, CEO and chief investment officer at U.S. Global Investors . The book, published by John Wiley & Sons, is available from amazon.com and in bookstores.
Investors can improve their odds by learning how to assess the fundamentals of the gold exploration companies. A good tool for this job is what I call “The Five M's.”
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Monday, February 23, 2009
Gold Slips from $1,000 as Citigroup Nationalisation Rumors Stem Stock-Market Slump / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold slipped to $980 an ounce early Monday, dropping 2.5% from Friday's peak above $1,000 as world stock markets crept higher for the first time in 10 sessions.Read full article... Read full article...
Monday, February 23, 2009
Gold Homing in on Long-term Gold/Dow Ratio / Commodities / Gold & Silver 2009
Gold has given up some of last’s weeks very large gains and is down 0.6% after Asian and in early European trading. With gold up some 13% so far in 2009, some correction and consolidation may be necessary prior to overcoming resistance at $1,000/oz.Read full article... Read full article...