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Wednesday, February 18, 2009

Burn the Silver Share Shorts, Check Out CDE Fundamentals / Commodities / Gold & Silver 2009

By: James_Anderson

And an Open Letter to Nancy Pelosi – Speaker of the US House of Representatives - Silver Investors, especially those in Silver Equities have been put to a severe test over the past 8mths. It was bad enough that the Silver bullion price was cut over 50% from US$19 in July '08 to $9 in Nov. Silver shares started falling a lot earlier than physical  from March/April '08  & fell right out of bed losing up to 94% of their value.—and that's just the BIG already established Companies ! A lot of  smaller Co's  have been wiped out & will not recover.

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Tuesday, February 17, 2009

Long-term Stock Market Trend Converging with Gold / Commodities / Gold & Silver 2009

By: Ned_W_Schmidt

Suppose we had two horses, and both are required to pull our carriage. Our budget only permitted the purchase of two daily servings of oats. So, we tried an experiment. We substituted some saw dust for half of one of the servings for one of the horses. We gave those extra oats to the other horse. Seeing no visible change in the health of the horse being given the saw dust, we fed it only saw dust. The other horse gets all the oats. This feeding approach continues till one day we arrived in the barn to find the saw dust fed horse dead. Our carriage business was over.

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Tuesday, February 17, 2009

Economic Crisis Crucible for Transforming Trashed Juniors into Treasured Equities? / Commodities / Gold & Silver Stocks

By: The_Gold_Report

A gold bug who prefers equities as investments to bullion and bars, Midas Letter publisher James West expects his portfolio picks to shine to the tune of at least 15% appreciation on average. In this exclusive interview with The Gold Report, that sunny outlook stands in stark contrast to other things the well-regarded adviser sees on the horizon. He anticipates no letup in the storm of market volatility and holds out even less hope for the U.S. currency's ability to stay afloat in a multi-trillion-dollar flood of new money.

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Tuesday, February 17, 2009

Commodities Bouncing Back in 2009 / Commodities / Resources Investing

By: Frank_Holmes

The numbers for 2008 are in, and we can now quantify just how rough the year was for commodity spot markets.

So far in 2009, the results are much better, though that's not the case across the board.

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Tuesday, February 17, 2009

Gold Leaps as Stock Markets Fall / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD jumped to a new 7-month high for US-Dollar investors during Asian and early London dealing on Tuesday, breaking above $965 an ounce as world stock markets slumped.

Japan's Nikkei dropped almost 4% for the week so far, while Tokyo Gold Futures added 2.7% for the day, reaching an 18-week high vs. the Yen at ¥2,845 per gram.

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Tuesday, February 17, 2009

Gold, Silver and the HUI Using the Gold Direction Indicator / Commodities / Gold & Silver 2009

By: Peter_Degraaf

The long-term outlook for gold is very bullish, for to paraphrase Sir Winston Churchill's famous remark, “never before in history have so many dollars chased so few ounces of gold (and silver)”.* The mountains of currency are rising, while the number of ounces of gold produced by gold mines is dropping.

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Tuesday, February 17, 2009

International Demand Forcing Gold Towards New All Time High / Commodities / Gold & Silver 2009

By: Mark_OByrne

After another strong week last week (both gold and silver were up some 3%) despite falling stock markets, gold continues its outperformance of other asset classes due to safe haven demand. It has surged again overnight in Asia and it now at 7 month highs and looks very likely to target its record high of $1,000/oz in the coming days.

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Monday, February 16, 2009

Companies Profiting from China's Commodities Crusade / Commodities / Resources Investing

By: Money_Morning

Jason Simpkins writes: While the rest of the world is grappling with the global slowdown, China is figuring out ways to exploit it.

Over the past few months, China has capitalized on the financial turmoil that has paralyzed the world's "developed" economies by stocking up on cheap commodities, weeding out competition to its largest state-run companies, and acquiring even more foreign assets.

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Monday, February 16, 2009

Global Recession Worsens as G7 Ignores Currency Volatility / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF physical gold held in a tight $8 range early Monday, trading either side of $941 an ounce as world stock markets fell for the fifth session in six.

Crude oil ticked lower from Friday's spike to $38 per barrel, while Opec members Qatar and Venezuela both said they want further output cuts.

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Monday, February 16, 2009

Silver Running Up to Resistance at $16 / Commodities / Gold & Silver 2009

By: Clive_Maund

Silver has advanced in a satisfactory manner to the first target given in the last update at the resistance in the $14 area and is now at a critical juncture, for there are several factors pointing to its breaking down into a reaction shortly. However, it could instead break above the resistance in the $14 area which would be expected to lead to a steep and rapid run at the strong resistance level in the $16 where exhaustion would set in.

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Sunday, February 15, 2009

Gold Makes New Highs in Major Currencies Except U.S. Dollar / Commodities / Gold & Silver 2009

By: Clive_Maund

While gold has made progress since the last update, it has not not broken out to new highs against the dollar as expected, because the dollar has held up. Nevertheless it has made satisfactory progress and has made new highs against many other currencies.

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Sunday, February 15, 2009

U.S. Dollar Hits Resistance as Gold Uptrend Remains Firm / Commodities / Gold & Silver 2009

By: Merv_Burak

Another week on the up side for gold and silver. Even the U.S, Dollar Index gained during the week. Is this supposed to happen? The Dollar is starting to look weak, see my brief analysis below.

U.S. Dollar Index - The following is just a brief view of the U.S. $ Index and intended to highlight a feature that I think is warning us of problems ahead for this currency. The chart represents the U.S. $ daily action along with a momentum indicator suggesting the strength of this daily action relative to an intermediate term time frame. A few support/resistance trend lines are thrown in for good measure.

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Saturday, February 14, 2009

Commodity Market Forecasts for Coffee, Cocoa and Grains / Commodities / Futures Trading

By: Nadeem_Walayat

Dear Reader,

I have some great news for our readers, our colleagues at Elliott Wave International (EWI) having recently made available for FREE to our readership FULL FREE access to EWI's premium forecasting services which includes:

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Saturday, February 14, 2009

Success Stories: An Interview with Ross Beaty of Equinox Resources / Commodities / Metals & Mining

By: The_Gold_Report

Little has changed in the soap opera being played out in the financial sector. Three more banks failed last week, bringing the total number of 2009 bank and thrift failures to nine. There were 25 failures during all of 2008, and nine in the first six weeks of 2009. Yes, this is a trend.

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Friday, February 13, 2009

U.S. Mint Bullion Coin Sales / Commodities / Gold & Silver 2009

By: Zeal_LLC

Back in late 1985, the US Congress authorized the Gold Bullion Coin Act of 1985 which President Ronald Reagan promptly signed into law. It ordered the US Treasury, through its US Mint branch, to start producing gold bullion coins. This law outlined very specific requirements for these new coins, including that they be produced from gold mined in the United States.

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Friday, February 13, 2009

Corrective Period for GLD Gold ETF / Commodities / Gold & Silver 2009

By: Mike_Paulenoff

Although gold prices -- and the SPDR Gold Trust (NYSE: GLD) -- are slightly lower this morning and are holding up extremely well after multiple up-days, my work argues for more pullback action in the upcoming hours. Both my near-term pattern and momentum work argue that the GLD has entered a corrective period that should press lower -- into the 90.00 area at a minimum and possibly to 88.00 -- prior to the next loop to the upside. As of the moment, I am content to remain on the sidelines in the GLD for a while longer.

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Friday, February 13, 2009

Crude Oil Remains a Mush Have Investment Profit Play / Commodities / Crude Oil

By: Money_Morning

Keith Fitz-Gerald writes: Commodities may be down, but they're not out – and they shouldn't be out of your portfolio, either.

As the investment director for Money Morning , I'm invited to a large number of speaking engagements each year. It's something I enjoy, and it's quite useful, too, for the questions that I get tell me a great deal about investor sentiment and the general tenor of the financial markets. The same is true for the questions I receive daily from our readers.

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Friday, February 13, 2009

Gold Investing "Hits Big Numbers" as Eurozone GDP Shrinks / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE SPOT PRICE of gold slipped 1.9% from a fresh 7-month high for US investors early in London on Friday as world stock markets rallied.

The Gold Price also retreated from new all-time highs for British and Euro buyers – hit just after the end of New York trade yesterday – at £671 and €744 respectively.

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Friday, February 13, 2009

CIBC Global Markets Slams Silver / Commodities / Gold & Silver 2009

By: David_Morgan

This week I'm going to comment on Jon Nadler 's remarks in his February 9 article titled The Silver Medalist. Jon pointed out some interesting quotes about the silver market and some of these I have issue with and some I don't. Mostly what he did is quote CIBC Global Markets and their assessment of the silver market. And one thing that he quotes from CIBC is that in 2008 silver had risen to about $20 an ounce and lately it's been languishing at around the $10 level; those are facts, no dispute there. And then they (CIBC) goes on to state at the first sign of a decline in gold, investors are likely to sell their silver holding but retain more of their gold holdings since gold has a supe­rior reputation as an insurance policy, compared to silver. I really don't have an issue with that, yet .

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Friday, February 13, 2009

US, UK Credit Ratings Look Set to Be Downgraded / Commodities / Gold & Silver 2009

By: Mark_OByrne

Gold rose again yesterday, briefly rising above $950/oz and was up 0.6% on the day. Determined selling on the open in Asia saw gold fall and profit taking has seen gold fall in Asia and in early trading in London. This is to be expected as gold had risen by more than 15% in less than a month.

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