Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, January 18, 2009
Gold Fails to Get Stimulated / Commodities / Gold & Silver 2009
$30 up, $30 down but in the end nothing seems to be happening. Do those “professionals” who are capable of moving prices REALLY know what's going on? Sometimes I wonder.
STIMULUS, STIMULUS EVERYWHERE
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Saturday, January 17, 2009
Silver Mining 101 and the Imminent Rush to Precious Metals / Commodities / Gold & Silver 2009
- Silver mining 101
- The cure for low silver prices
- Silver supply growth slowing
- Currency supply exploding
Saturday, January 17, 2009
Prospects for Crude Oil Recovery During 2009 / Commodities / Crude Oil
Last Sunday 60 Minutes posed the question, “Did speculation fuel oil price swings?”
The news show's investigative team naturally delved into the personal story of how a small-town heating oil company can't predict the oil prices. Although I'm sure they left out his solution of charging a very high premium to his customers to ensure he doesn't get left holding the bag.
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Friday, January 16, 2009
David Mason: Gold Producers Pioneer Commodities 1Q09 / Commodities / Gold & Silver 2009
Mix one part mining analysis with one part corporate finance, then add 25 years of investing experience to get executive chairman and founder of Augen Capital Corp., David Mason. In its first 10 years, Mason's merchant bank completed 250 investments and financings and emerged as an industry leader in tax-advantaged flow-through investments in Canada's resource sectors. In this exclusive interview with The Gold Report, Mason discusses market fears, a weakening U.S. dollar and "the most important factor" that will drive gold ahead of the commodities pack in 1Q09.Read full article... Read full article...
Friday, January 16, 2009
Gold Prices Headed Higher / Commodities / Gold & Silver 2009
While the banks stocks implode, let's have a look at the pattern developing in spot gold, which is 10 times the price of SPDR Gold Shares ETF (NYSE: GLD). Spot gold prices pivoted to the upside off of the $800 level, which also coincided with a successful test of the Nov.-Jan. support line ($811) and the rising 50 DMA ($812).Read full article... Read full article...
Friday, January 16, 2009
Gold Will Emerge Winner in this Tug of War / Commodities / Gold & Silver 2009
A Federal Reserve balance sheet that has grown from 900 billion to well over 2 trillion since last fall may be on its way to 10 trillion according to some observers. There is no denying it's been pedal to the floor in money-printing efforts to restore the credit markets back to health.Read full article... Read full article...
Friday, January 16, 2009
Silver and the Minimum Wage / Commodities / Gold & Silver 2009
Many of us who write about the precious metals field have put out their 2009 forecasts and predictions for the New Year. This writer is no exception, but it seemed to me that it might be nice to look at my mission statement and determine if I could compose a simple story that might engage the reader to think about the current dire state of affairs in the economy and how an honest “money” system might help on an individual basis.Read full article... Read full article...
Friday, January 16, 2009
Crude Oil Record Contango Situation Causing Producers to Hoard Supplies / Commodities / Crude Oil
West Texas Intermediate Crude ( WTIC ) typically trades at a premium to Brent Crude (North Sea). Lately the pattern has reversed and now the WTIC discount to Brent is staggering as the following chart of the February contract captured on Thursday shows.Read full article... Read full article...
Friday, January 16, 2009
Gold Rallies with Stocks as $1.3 trillion of "Aid" Caps the U.S. Dollar / Commodities / Gold & Silver 2009
SPOT GOLD BULLION rose further from yesterday's 5-week low early Friday in London, bouncing together with world stock markets after Washington pumped more than $1.3 trillion into the US financial and economic systems.This fresh flood of money – promised in a series of announcements – put a floor beneath Wall Street stocks, commodity prices and foreign currencies, sparking a rally in all asset classes bar government bonds.
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Thursday, January 15, 2009
Bear Market in Crude Oil / Commodities / Crude Oil
Crude oil was off as much as 10 percent during Thursday's trading on the NYMEX, before closing the session 5 percent lower at $35.40. Reuters has the story ." Oil prices fell more than 10 percent on Thursday to a one-month low as thickening economic gloom added to expectations that world energy demand would keep shrinking.
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Thursday, January 15, 2009
Will Gold Skyrocket to New Highs? / Commodities / Gold & Silver 2009
Larry Edelson writes: In my August 2 and September 6, 2007 , Money and Markets columns, with gold trading at $664 and $694, respectively, I told you to increase your core gold holdings.
Since then, gold has risen to $855, a gain of as much as 28.7%. Assuming you had invested equal amounts on the aforementioned dates, your gold positions have gained an impressive 25.9%.
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Thursday, January 15, 2009
The Pump is Primed, Crude Oil Set To Go Higher / Commodities / Crude Oil
Off over $100 since its high in mid-2008, oil seems set to be set for some upward movement. Internationally renound commodities investor Jim Rogers was recently quoted on his forecast:
We're going to see US$200 oil at some point, it may be by 2013. It's a sad fact but the world is running out of known oil. Oil will make a big comeback
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Thursday, January 15, 2009
Gold Unmoved by ECB Interest Rate Cut / Commodities / Gold & Silver 2009
THE PRICE OF WHOLESALE GOLD BULLION was left little changed by the widely-anticipated cut to Eurozone interest rates Thursday, trading at $809 an ounce in London – and down more than 5% for the week so far – as global stock markets plunged yet again.The European Central Bank (ECB) lopped 0.5% off its key interest rate, taking it back to the record low of 2.0% hit during the last global "Deflation Scare" of 2001-2004.
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Thursday, January 15, 2009
Gold Trades Flat Ahead of ECB Interest Rate Decision / Commodities / Gold & Silver 2009
Gold is marginally higher today but has fallen to one month lows as markets await the ECB interest rate decision. The ECB is expected to cut by 0.5% today and that has put the euro and gold under pressure as the dollar has strengthened in recent days.Read full article... Read full article...
Thursday, January 15, 2009
Trading Gold Using Gold Stocks as an Leading indicator / Commodities / Gold & Silver 2009
I find from time and time that gold stocks tend to lead the price of gold during extreme times and as I mentioned in last weeks report the HUI index has warned us up to 7 days in advance, before gold made sizable drop. Well this week is a perfect example in my opinion.
The charts below show how gold stocks became bearish much quicker than the price of gold indicating we should see lower gold prices soon. This time the HUI index gave us 5 days advance warning that gold will eventually drop quickly to catch up and the chart below show this.
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Wednesday, January 14, 2009
Gold Spot to Futures Price Gap Portends for Price Boom / Commodities / Gold & Silver 2009
Most consider the New York market ‘spot’ price for an accurate indication of the true price. However, investors now buying buy physical or ‘fabricated’ gold, are paying a premium of between $20 and $30 per ounce. When these gaps existed in the past, major increases in the price of gold were imminent.Read full article... Read full article...
Wednesday, January 14, 2009
The "Truth" About the Gold Market Today / Commodities / Gold & Silver 2009
Just what is the link between retail gold coin prices and the apparent manipulation of gold futures & options...?YOU MAY HAVE SEEN some rather wild commentary of late concerning gold and silver prices. I can't vouch for the silver market – small, tight and still dependent on fast-falling industrial demand though it is. But as regards Gold Bullion , this sensational "analysis" mistakes the key basics of how the gold market actually works.
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Wednesday, January 14, 2009
Making Money in Troubled Times, Precious Metals Investing / Commodities / Gold & Silver 2009
Keynote Speech Presented by Nick Barisheff at the Empire Club's 15th Annual Investment Outlook Luncheon - Thursday January 8, 2009. Today's topic at this 15th Annual Investment Outlook is “Making Money in Troubled Times”. This may be quite a challenge in 2009 if investors continue to do what they've always done. However, there is always a bull market somewhere and making money in troubled times is possible if you correctly identify the dominant trends and adjust your portfolios accordingly.
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Wednesday, January 14, 2009
Forecasting Crude Oil Price Through the Gold Ratio / Commodities / Crude Oil
If you assume (and that is a uncertain assumption) that gold is fairly priced, and that oil is in search of its fair price, it may be possible to glimpse the “fair value” of crude oil by examining the historical price relationship between the two commodities.Read full article... Read full article...
Wednesday, January 14, 2009
Gold Steady as Stock Markets Head Sharply Lower / Commodities / Gold & Silver 2009
SPOT GOLD PRICES ticked down from a two-day peak after the London Gold Fix on Wednesday morning, slipping to $823 an ounce as European stock markets slumped for the fifth session running.Crude oil pushed up to $39 per barrel – a level first breached in May 2004 – while government bond prices slipped lower worldwide, pushing the 10-year German bund yield back above 3.0%.
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