Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, January 11, 2009
How to Rebuild the Shattered Credit System / Commodities / Credit Crisis 2009
Open The Mint To Gold! - Could a Private Firm Force the Government to Do It?
People ask: "Isn't the Mint already open to gold, producing Gold Eagles and Buffaloes?" Opening the Mint to gold has a technical meaning, namely, opening it to the free and unlimited coinage of gold on private account. The Gold Eagles and Buffaloes are produced on Treasury account in limited quantities and sold at a premium as souvenir coins. It is a ploy to show that gold coins would just not circulate as money. Well, they would if there was no premium and the market was saturated.
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Sunday, January 11, 2009
Gold Continues to Target $930 Resistance / Commodities / Gold & Silver 2009
Back after three weeks and it looks as if nothing has happened in the precious metals. Lots has, however, happened in the stocks and especially the “cats and dogs” variety. Many, many 100% plus moves in only one or two weeks. Are we back into a real honest to goodness bull market? Let's go through our normal exercise.Read full article... Read full article...
Sunday, January 11, 2009
Crude Oil, Trade the Market Not the Economy / Commodities / Crude Oil
What do I mean when I say... trade the market and not the economy? It may sound like I'm saying to trade the same thing... but in many cases they're different. The difference is that the market is driven by fear and greed, while the economy is driven by fundamentals. Our "Trade Triangle" technology allows us to analyze the market... leaving the fundamentals and our own emotions at the door. Let's look at some of the major markets and see which direction the trend is headed.Read full article... Read full article...
Saturday, January 10, 2009
Precious Metals Investing: Gold or Platinum / Commodities / Platinum
“Au” and “Pt” may be dull chemical elements, but gold and platinum have certainly played their respective parts during the unfolding of the financial crisis. Revisiting the metals' movements, it is clear from the table below that gold's decline was much smaller than that of platinum - as platinum suffered from the deterioration in the auto industry - but the recovery of gold has also been lesser than that of platinum.Read full article... Read full article...
Friday, January 09, 2009
Fraudulent Commodity Market Manipulations Vs Money Printing / Commodities / Market Manipulation
In Fraud We Trust - Amazing, isn't it, how times have changed? Just [Wed.] this morning, President elect Barack Obama stood before microphones and television cameras and told the world that his administration was set to inherit an annual deficit of 1.2 TRILLION dollars. He went on to add that the fiscal 2009 amount did not even include “his” stimulus plan, rumored to be as much as an additional TRILLION dollars, reportedly geared toward infrastructure spending, would be required to “jump start” the U.S. economy.Read full article... Read full article...
Friday, January 09, 2009
Gold the Asset to Hold in Any Environment / Commodities / Gold & Silver 2009
A 40-year, spectacularly successful veteran of the investment industry, Eric Sprott (the "Energy Guru") needs no introduction. Sprott's steady stream of strategic, entrepreneurial and global performance awards often end in the words: "of the year." Sprott's investment abilities and knack for seeing opportunities where others don't have earned him a spot among the most successful investors in the country.Read full article... Read full article...
Friday, January 09, 2009
Are you happy with your 2008 Investments? / Commodities / Gold & Silver 2009
Now that 2008 is in the rear-view mirror it is worth reviewing the performance of various investments. 2008 - Was "The Year of Reckoning" and a tipping point. As a massive wave of deleveraging swept across the world the torrent of borrowed money came under severe pressure.Read full article... Read full article...
Friday, January 09, 2009
Gordon Brown's 415 tonnes Gold Sale Blunder, 10 Years On / Commodities / Gold & Silver 2009
THIS COMING MAY will mark 10 years since Gordon Brown chose to sell well over half the UK's national gold reserves – some 415 tonnes all told – at what would prove rock-bottom prices.
Never mind his politics. With the Euro about to compete with the Dollar for central-bank vault space, everyone else was selling the stuff too, led by Canada, France and even the Swiss...
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Friday, January 09, 2009
The Global Gold Bull Market in Major Currencies / Commodities / Gold & Silver 2009
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
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
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
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
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
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
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
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
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 $48 per barrel.
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Wednesday, January 07, 2009
Bloomberg Gold Price Forecast 2009 Survey- Gold the Perfect Insurance / Commodities / Gold & Silver 2009
Gold and Silver Investments have partaken in the Bloomberg Precious Metals Survey (see table of forecasts below) and the Reuters Precious Metals Poll. We would prefer not to get into the forecasting and predictions business as predictions and forecasts are fraught with uncertainty at the best of times and this is particularly the case in 2009 given the massive macroeconomic and geopolitical uncertainty and risk.Read full article... Read full article...
Wednesday, January 07, 2009
Why Buy Gold 2009? / Commodities / Gold & Silver 2009
Gold/Ounces in US$ | |||||
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
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...