Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, February 02, 2009
Gold Manipulation and How Deflation Creates Hyperinflation / Commodities / Gold & Silver 2009
By: Rob_Kirby
We've All Been Had - As world leaders gathered over this past week for their annual wine-and-cheese ski-fest in Davos, Switzerland – perhaps we, the little people, should all take-stock [or a forensic account, perhaps?] of the cards we've been dealt.Read full article... Read full article...
Monday, February 02, 2009
Natural Gas ETF UNG Significant Low? / Commodities / Natural Gas
By: Mike_Paulenoff
The bull trap (failed upside breakout) above 19.00 on Friday was followed by a stair-step decline that pressed the US Natural Gas Fund ETF (UNG) to a new all-time low this morning at 17.76, which from my technical perspective either represents the conclusion of the entire downleg from the 1/06 recovery high at 25.83 -- ahead of the start of a powerful rally period -- OR initiation of a new downleg that will press the UNG towards 15.00. Read full article... Read full article...
Monday, February 02, 2009
The Gold Silver Ratio Analysis Update / Commodities / Gold & Silver 2009
By: Roland_Watson
How has the Gold Silver Ratio (GSR) been doing recently and how does this stand up against the price action of gold and silver over the past years?
Now I don't personally use this ratio to trade in and out of silver. Some people swear by it and use it as a useful tool to swap between silver and gold when one becomes undervalued relative to the other. Where I come from in Britain with the high sales tax and spreads on silver, such a pursuit is not very profitable but I know it is for others.
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Monday, February 02, 2009
Gold Bounces as Protectionism and Money Printing Spreads / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE WHOLESALE PRICE of gold bullion sank 2.3% in early London trade on Monday, bouncing off $905 an ounce as world stock markets also tumbled. German and French equities dropped more than 2% by lunchtime after losing one-tenth of their value in January.
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Monday, February 02, 2009
Will the Gold Uptrend Continue? / Commodities / Gold & Silver 2009
By: Kingsley_Anderson
Two weeks ago, I opined that Gold may be in a position to move higher . Since that time, gold has indeed broken out (see chart below) and looks set to continue climbing-at least for the time being. Current market conditions have helped the commodity. As earning continue to disappoint and the economy shrink, traders have flocked to the precious metal. Read full article... Read full article...
Sunday, February 01, 2009
Will Gold Push Above $900 Break its Downtrend? / Commodities / Gold & Silver 2009
By: Prieur_du_Plessis
Financial Times: Gold pushes above $900 in buying spree “Strong investor buying on Monday pushed the price of gold above $900 a troy ounce, hitting a 3½-month high in dollar terms and posting all-time highs in euro and sterling, in a stark sign of money seeking refuge from equities and bond markets.
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Sunday, February 01, 2009
Gold and Silver Trade Higher Within Technical Trend Channel / Commodities / Gold & Silver 2009
By: Merv_Burak
Speculation is on the rise. Gambling stocks are on the move. PHLX Gold & Silver Sector Index weekly loss 1.5%. Merv's Gamb-Gold Index weekly gain 10.8%. Are we getting a little over heated here?
GOLD : LONG TERM - Since turning long term bullish in November the long term Point and Figure (P&F) chart has stayed on the bull side and continues its climb. The initial projection to the $930 level was reached this past week. What next? Well, going back a few years I still have that $1600 projection which has not yet been met.
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Sunday, February 01, 2009
Rising Commodities, Falling Stock Markets & Risk Reward Ratio / Commodities / Exchange Traded Funds
By: Chris_Vermeulen
Trading Risk/Reward The past few months have been absolutely crazy in the financial markets. Financial advisors and banks are taking a beating from both the market condition and clients as individuals around the world are losing 30+ of their investments. We have seen oil prices drop over $110 per barrel from the high (73% decline), and the US dollar tumbled down to 71 and rebounded to 88 (23% gain) all in the mater of months.
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Sunday, February 01, 2009
Commodities Gathering Strength Building on U.S. Dollar Weakness / Commodities / Resources Investing
By: Donald_W_Dony
KEY POINTS:• Building weakness with the U.S. Dollar Index points to mounting upward pressure for CRB
• Gold and silver lead once more; target is now $980 by March for gold
• Other commodities expected to follow gold’s lead in March/April
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Friday, January 30, 2009
Copper, Zinc, Nickel, Lead and Aluminum Base Metals Technicals / Commodities / Metals & Mining
By: Zeal_LLC
Not too long ago base metals were the hottest of commodities. In their bull markets the prices of these industrial-use metals had soared to lofty heights to reflect the speculative risk premiums brought on by greatly imbalanced markets. Copper, zinc, nickel, lead, and aluminum achieved staggering trough-to-peak gains of 574%, 523%, 1124%, 829%, and 151%!
A mixture of robust infrastructure growth and hoarding led to demand far outpacing supply. Global stockpiles were being drained to alarmingly-low levels, the world's smelters and refineries were operating at full capacity, and the mining companies couldn't bring their metals to market fast enough.
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Friday, January 30, 2009
Gold Bullion and ETF Investment Demand Stampede / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
On December 17th 2008 the combined gold holdings of the World Gold Council gold Exchange Traded Funds and Barclays Gold Trust stood at 985.59 tonnes. By the 16th January 2009 this had risen to 1009.92. By 30th January early in London time they had grown to 1079.83 a growth of almost 70 tonnes in two weeks. To give one perspective, the Central Bank Gold Agreement signatories [European central banks only] sold only 3.5 tonnes in the last two weeks. There are many other gold bullion-holding funds in the developed world from Canada to Switzerland that are not included in this total. If they were the total would be approaching 1200+ tonnes. Clearly we are seeing a stampede of institutional fund management into gold at present! Read full article... Read full article...
Friday, January 30, 2009
Gold New Target of $980 / Commodities / Gold & Silver 2009
By: Donald_W_Dony
In the January 25 report titled "The return of commodities", I indicated that gold is the leader among the commodity groups and that the target for this metal was $925 in February. As gold has already reached this first target earlier than expected, the new target has been raised to $980. Models continue to suggest that the US Dollar Index will see lower price levels in February and March. This action should move gold upward toward its new higher target. Equally as important to note is that gold leads the other commodity groups. Agriculture, oil and base metal are anticipated to follow gold's lead in the months to come.Read full article... Read full article...
Friday, January 30, 2009
Gold and U.S. Dollar Rise in Tandem on Global Risk Aversion / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE of wholesale gold bullion leapt 2.2% at the start of London dealing on Friday, driven higher by strong institutional buying even as the US Dollar rose on the currency market.New US data showed the world's largest single economy contracting by 3.8% on an annualized basis at the end of 2008 – better than the 5.4% contraction forecast by private-sector economists, but still a sharp acceleration from the summer's 0.5% rate and the worst pace since 1982.
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Friday, January 30, 2009
U.S. Dollar Gold Link: Trading Note / Commodities / Gold & Silver 2009
By: Adrian_Ash
So far in 2009, gold and the US Dollar have both shot higher in tandem. Why...?
"A STRONGER DOLLAR typically weighs on gold," according to Reuters. But that's not what's been happening so far in 2009. Not by a long stretch.
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Friday, January 30, 2009
Global Food Prices are Rising Fast / Commodities / Agricultural Commodities
By: Eric_deCarbonnel
As much as I hate to rain on the deflation parade, I must point out that food inflation is increasing worldwide. It seems that food prices are unaware that they should be falling, because they are instead rising fast all around the world. For example in India, after more than two months of steady decline, inflation has risen for the second week in a row due to a spike in food prices. The Economic Times reports that Indian inflation touches 5.64 pc with no respite as prices rise .
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Friday, January 30, 2009
Silver- It's the Pits / Commodities / Gold & Silver 2009
By: David_Morgan
Throughout my association in the mining industry I have heard almost every story you can imagine. For instance, there is more gold in seawater than can be measured and some company is supposed to have some super technology that can extract it profitably.
Another one that pops up is, “Our gold does not assay by normal methods but believe me we have a lot of it and our super extraction process will make us all rich.”
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Thursday, January 29, 2009
Gold GLD Unfinished on the Upside / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
My pattern work is "warning" me that the SPDR Gold Shares (NYSE: GLD) has unfinished business on the upside -- into new high ground above 90.19 (target 92.00). This morning's pullback low at 86.27 has the right look of the completion of a correction off of the high, and this morning's upside pivot so far suggests strongly that a new upleg has started. The GLD must hurdle and sustain above 88.90 to confirm that a run at 92.00 is in progress.Read full article... Read full article...
Thursday, January 29, 2009
Exploding Gold Demand as Governments Print Money / Commodities / Gold & Silver 2009
By: Money_and_Markets
Larry Edelson writes: I haven't always been bullish on it. In fact, for about 20 years between 1980 and 2000, I was mostly bearish on this investment.
I believed the end of the Cold War had largely done it in from a geo-political perspective. I also believed that a new wave of technological innovation and stock market performance was going to give way to a slew of IPOs and a stock market boom in just about every asset but this one.
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Thursday, January 29, 2009
Bailouts and Low Interest Rates to Inflate Gold Price Bubble / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF WHOLESALE gold bullion slipped to a four-session low early in London on Thursday, dropping more than 4% from Monday's 3-month high to bounce off $875 an ounce. Crude oil meantime slid back towards $41 per barrel, and European stocks stood 1.2% lower on average by lunchtime in Paris, where hundreds of thousands of workers and students joined street demonstrations to "sound a cry of anger" at the global financial crisis.
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Thursday, January 29, 2009
Junior Precious Metal Investors Nightmare Ends / Commodities / Gold & Silver Stocks
By: Dudley_Baker
Dark Side of the Dream - The last several months have been a nightmare for many investors in all markets of the world but perhaps no severe than those of us investors in the natural resource stocks. Frequently we would think it could not get worst only to realize that within another day or a week the natural resource stocks were still being pounded to the downside. It seems like ‘someone' had decided to drive all of the smaller natural stocks down to zero. Some of the shares actually went to one penny. A true bloodbath which wiped out enormous paper profits for all investors. Read full article... Read full article...