Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, January 09, 2009
The Global Gold Bull Market in Major Currencies / Commodities / Gold & Silver 2009
By: Zeal_LLC
During late 2008's unprecedented financial-market panic, gold got something of a bum rap. Since this metal didn't soar during the stock chaos like most of its investors expected, many assume something must be wrong in gold-land. But gold ultimately did hold its own, up 2.1% in Q4 while the S&P 500 plunged 22.4%.
During the very heart of the stock panic when gold looked the weakest (under $750), it was being driven down by a bear-record US dollar surge. A mass exodus of flight capital fleeing the burning stock markets roared into US Treasuries for a temporary safe haven. Foreign investors joining this deluge had to buy dollars first, forcing a mighty dollar rally to erupt that traders interpreted as a sign to sell gold futures.
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Friday, January 09, 2009
Silver News and Views / Commodities / Gold & Silver 2009
By: David_Morgan
The Silver Institute just put out a press release which stated, "The silver price, per ounce, in 2008 averaged a strong US$14.98, a nearly 12-percent increase over the 2007 average price of US$13.38; the best average annual price since 1980. A key development in silver's fortune has been renewed investor interest in the white metal, which began in earnest in 2004 and continues today, as illustrated in the chart below."Read full article... Read full article...
Friday, January 09, 2009
Gold Demand Strong as U.S. Jobless Rate Jumps / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE LIVE PRICE of wholesale Gold Bullion bounced in a $10 range early in London on Friday, trading just shy of $860 an ounce as new US data confirmed a six-decade record in US job losses.World equities fell while the US Dollar rose sharply on the currency market. Read full article... Read full article...
Friday, January 09, 2009
Sheldon Inwentash: Investment Opportunities Abound in Uranium Sector / Commodities / Uranium
By: The_Gold_Report
With more than 20 years of experience in the investment industry, Sheldon Inwentash, chairman and CEO of both Mega Uranium and Pinetree Capital, sheds some light for The Energy Report on what he sees as "tremendously positive signs" for the future of uranium. Inwentash says this is one of the best buying opportunities we'll ever see because there are so many companies with qualified assets trading at a discount to cash. We spoke with Mr. Inwenstash in mid-December. Excerpts from the interview are below. Read full article... Read full article...
Thursday, January 08, 2009
Searching for a Bottom in Base Metals and Industrial Commodities Markets / Commodities / Investing 2009
By: Gary_Dorsch
What was viewed as inconceivable a year ago is now a reality - roughly $ 30 -trillion of wealth was erased from global stock markets, during a brutal 15-month bear market that began in October 2007 . S peculators scrambled for the exits as a crisis originally thought to be limited to the US-mortgage sector morphed into a full-blown “credit crunch,” unlike anything experienced since the Great Depression of the 1930's. Read full article... Read full article...
Thursday, January 08, 2009
Ultra Oil & Gas ProShares Bottoming Pattern Maturing / Commodities / Oil Companies
By: Mike_Paulenoff
The overall base-like pattern carved out by the Ultra Oil & Gas ProShares (NYSE: DIG) during the past 3 months appears to be maturing now. The upmove off of the Dec 24 low at 24.46 to the Jan 6 high at 34.79 appears to be the central upleg off of the Nov 20-Dec 5 double bottom at 21.42-21.71. Read full article... Read full article...
Thursday, January 08, 2009
Gold Slips as Global Stock Markets Tumble / Commodities / Gold & Silver 2009
By: Adrian_Ash
SPOT GOLD PRICES held in a tight $5 range early in London on Thursday, recording an AM Gold Fix fully 2.5% below yesterday morning at $842.50 per ounce.Global stock markets also added to Wednesday's sharp losses, despite a record-low cut to interest rates from the Bank of England – the world's fourth-largest central bank.
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Thursday, January 08, 2009
Gold Retreats from Resistance Towards Support / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
Gold traders should have exited today as prices are showing strong signs of lower prices in the near future. Gold slid over 4% this week so far, while gold stocks have dropped an average of 9%. Read full article... Read full article...
Wednesday, January 07, 2009
Gold 2009 Investment Demand to Escalate as Global Depression Bites / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF WHOLESALE GOLD BULLION slipped from its best Dollar-level so far this week Wednesday lunchtime in London, ticking back to $861 per ounce as European stock markets fell over 1%.
The Dollar ticked lower meantime from yesterday's 3-week highs vs. the Euro and Yen, while crude oil held above $48 per barrel.
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Wednesday, January 07, 2009
Bloomberg Gold Price Forecast 2009 Survey- Gold the Perfect Insurance / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold and Silver Investments have partaken in the Bloomberg Precious Metals Survey (see table of forecasts below) and the Reuters Precious Metals Poll. We would prefer not to get into the forecasting and predictions business as predictions and forecasts are fraught with uncertainty at the best of times and this is particularly the case in 2009 given the massive macroeconomic and geopolitical uncertainty and risk. Read full article... Read full article...
Wednesday, January 07, 2009
Why Buy Gold 2009? / Commodities / Gold & Silver 2009
By: Peter_Zihlmann
| Gold/Ounces in US$ | |||||
| Buy Date | Amount | Buy Price | Total (USD) | Price Today | Value Today |
| November 7, 2002 | 100/oz. | 318.90 | 100/oz. | ||
| Total | 100/oz. | 318.90 | 100/oz. | 886.20 | 78'620.00 |
| Profit | 46'730.00 | ||||
| Profit (in %) | 146.53% | ||||
| OUR LONG-TERM RECOMMENDATION | BUY | ||||
| OUR SHORT-TERM RECOMMENDATION | BUY | ||||
Tuesday, January 06, 2009
Gold Short-term Overbought, Against Strong Longterm Bullish Trend / Commodities / Gold & Silver 2009
By: Ned_W_Schmidt
The Era of Simple Solutions continues to unfold. For every complex problem, as the wise man once said, there is a simple solution, that is wrong. Into the abyss of collapsing financial institutions rode the Federal Reserve, with a check book in each hand. The crowd went wild over this simple solution. And in response to the fundamental failure of U.S. auto companies, welfare checks were mailed to them. But yet, that is not enough. As a remedy for the economic ills brought on by the housing debt bubble, the Obama government will borrow about $2.5 trillion dollars in the coming year. One of those trillion dollars will be frittered away on Congressional pork and mailing checks to voters.Read full article... Read full article...
Tuesday, January 06, 2009
Gold Falls into Consolidation Zone of $830 to $890 / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold has fallen again today and is down some 1% but continues to consolidate between $830/oz and $890/oz. Gold should remain well bid given the degree of international macroeconomic and geopolitical risk challenging us as we enter the New Year. The Middle East tensions continue to escalate and oil is up another 2.5% again today to some $50 per barrel again. Silver has outperformed even gold in the last 30 days and is trading very well – up nearly 17% versus gold’s rise of 12%.Read full article... Read full article...
Tuesday, January 06, 2009
Strong U.S. Dollar Forces Gold Lower / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD fell further in London on Tuesday morning, sliding 2.2% from Monday's US close to hit $840 an ounce – its lowest Dollar-level since Christmas Eve.
European stock markets rallied, while government bonds also retreated, pushing 10-year US Treasury yields up to 2.51%.
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Monday, January 05, 2009
Gold Falls Despite US Fed and ECB Vow to Inflate Out of Recession / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE OF WHOLESALE GOLD slipped for the second session running on Monday, starting New York's first serious trading day of 2009 down 3.3% as Asian stock markets closed sharply higher.The US Dollar knocked the Euro 3¢ lower on the forex market while Gold Prices fell to a six-session low.
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Monday, January 05, 2009
Geopolitics to Drive Gold Prices Higher During 2009 / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold has commenced the New Year as it did in 2008 – up sharply in early trading before selling off somewhat. Gold surged (along with oil) on the open in Asia on geopolitical concerns with the Israeli military offensive against Gaza escalating. However, with oil giving up some of its earlier gains and the dollar stronger against most currencies so far this morning, gold has given up its earlier gains.Read full article... Read full article...
Sunday, January 04, 2009
Gold and Crude Oil Trading 2009 Special Report / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
Gold Trading: Gold closed higher for the week with very low volume due to the holidays. It is difficult to get a feel for where stocks and commodities are headed in the near term because of this light volume. Generally during holiday season light volume favors the longs and prices generally drift higher, which is what we had last week. The charts below will show you how I see the market and how I react to these salutations. Read full article... Read full article...
Sunday, January 04, 2009
Silver Technicals Point to Correction Lower / Commodities / Gold & Silver 2009
By: Clive_Maund
Although silver does not look as vulnerable to a reaction as gold on the charts, it will likely drop in sympathy should gold go into reverse near-term as expected. On the 1-year chart we can see that overall silver still looks good, with it having broken decisively out of the downtrend of the latter half of last year and also clear above its 50-day moving average, which has now turned up, with the MACD indicator trending upwards too. These positive developments have created the conditions for a new uptrend to get underway. Read full article... Read full article...
Sunday, January 04, 2009
Gold Rallying Towards Resistance / Commodities / Gold & Silver 2009
By: Clive_Maund
We've been here before haven't we? Gold has been in a rising trend for some considerable time, taking it to trendline or resistance targets, and then "wham!" it gets whacked back down again. Certainly the long-term outlook for gold is excellent, especially given the strong and increasing demand for physical, but over the short to medium-term it now looks set to get taken down again. Read full article... Read full article...
Friday, January 02, 2009
Explosive Gold Price Rally During 2009 / Commodities / Gold & Silver 2009
By: The_Gold_Report
With more than 20 years of experience in the investment industry, Sheldon Inwentash, chairman and CEO of both Pinetree Capital and Mega Uranium sheds some light on the future of gold and navigating the “murky and tricky” junior space.
The Gold Report: Sheldon, from a macro overview, where do you see the precious metals going? The U.S. government and all central bankers are jumping in at unprecedented levels. The Fed says it's going to throw in everything it's got to stimulate. Is it going to be enough and what will that mean for commodities? Or, if it doesn't work, what does that mean?
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