Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, December 11, 2008
Gold Stocks and Bullion Breakout! / Commodities / Gold & Silver Stocks
By: Brian_Bloom
Change is in the wind. The ratio of the gold shares to the gold price has now given an unequivocal buys signal – as can be seen from the following 3% X 3 box Point and Figure Chart (courtesy stockcharts.com)Read full article... Read full article...
Wednesday, December 10, 2008
Mish Response to Antal Gold Fever / Commodities / Gold & Silver
By: Mike_Shedlock
Antal E. Fekete is writing There Is No Fever Like Gold Fever . Before I reply I want to thank Antal for not taking my post Nonsense About Gold Backwardation, Ameros,Yuan Devaluations, etc. as a personal attack. It certainly was not meant to be.
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Wednesday, December 10, 2008
Gold Backwardation Resulting Gold Fever / Commodities / Gold & Silver
By: Professor_Emeritus
Here is an update on the backwardation in gold that started on December 2 at an annualized discount rate of 1.98% and 0.14% to spot in the December and February contracts. It continued and worsened on December 8, 9, and 10 as shown by the corresponding rates widening to 3.5% and 0.65%. It is nothing short of awesome. This is a premonition of a coming gold fever of unprecedented dimensions that will overwhelm the world as soon as its significance is fully digested by the doubting Thomases. Read full article... Read full article...
Wednesday, December 10, 2008
Gold Soars in Sterling as Bank of England Hits Panic Button / Commodities / Gold & Silver
By: Adrian_Ash
"...For UK investors choosing to Buy Gold in 2008, the metal discharged itself without a word of complaint..."WITH THE BANK OF ENGLAND hitting the panic button, slashing the returns-paid-to-UK-savers down to three-century lows at the start of December, the clear winners from its campaign to reboot the bubble so far have been gold investors stuck with Pounds to earn and Pounds to spend.
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Wednesday, December 10, 2008
Crude Oil Price Carnage Faces Supply Troubles / Commodities / Crude Oil
By: Money_and_Markets
Sean Brodrick writes: As you read this, I'm on my way to check out a new gold project in Mexico that I hope to tell you about in an upcoming Money and Markets column.
But I couldn't skip the chance to go into the extraordinary events we saw in the oil markets last week, as crude suffered its biggest weekly drop since the Persian Gulf War in 1991. Here's the scoop …
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Wednesday, December 10, 2008
Gold- How to Make Cycles Work in Your Favor / Commodities / Gold & Silver
By: Peter_Degraaf
Our lives consist of and are controlled by cycles. From the 1 second heartbeat cycle, to the 1,000 year millennium cycle and many other cycles in between, we live and die within cycles. The ‘ three score and ten' human cycle is simply a part of it all.
King Solomon understood cycles:
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Wednesday, December 10, 2008
Gold Rallies as Bond Yields Go to Zero / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD rose steadily throughout early London trade Wednesday, reaching a one-week high above $792 per ounce as strong gains in Asian equities faded on Europe's bourses.
As the Wall Street opening drew near, the FTSE100 index stood just 0.3% higher, while the Gold Price in Sterling reached £534 an ounce, almost 3% above Tuesday's low.
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Wednesday, December 10, 2008
Gold Rallies as Deflation Now is Set to Turn to Inflation Later / Commodities / Gold & Silver
By: Mark_OByrne
Gold rallied for a second day yesterday on concerns regarding the deepening US recession and the dollar. Gold has continued to rally in Asian and early European trading. The bounce in oil prices is likely lending support as is continuing robust physical demand internationally. Asian equity markets were largely positive overnight but European ones are again under pressure this morning.Read full article... Read full article...
Wednesday, December 10, 2008
Kinross Gold Corp Leads Gold Stocks Sector Rebound / Commodities / Gold & Silver Stocks
By: Bob_Kirtley
Gold Stocks have been bouncing back recently, but few can challenge the extraordinary recovery of KGC, which has more than doubled since its low below $7.
This is a sign that KGC is indeed one of the best gold mining companies in the world, since it has bounced back the furthest and the fastest.
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Tuesday, December 09, 2008
Gold Attempting Thrust Out of Bull Flag Pattern / Commodities / Gold & Silver
By: Mike_Paulenoff
As we speak, the SPDR Gold Shares (NYSE: GLD) is attempting to thrust out of a two-day bull flag type of formation, which represents the digestion period in the aftermath of yesterday's potent upmove from Friday's low at 72.91 to 77.03. If the bull flag resolves itself to the upside, then the GLD should climb towards a test of yesterday's high at 77.03 -- likely on the way to a test of more important resistance along the 11/25 down trendline -- now at 77.25. Only a break beneath today's pullback low at 75.08 will compromise the near-term technical set-up.Read full article... Read full article...
Tuesday, December 09, 2008
Gold Retail Buyers Face Physical Supply Shortages / Commodities / Gold & Silver
By: Adrian_Ash
Retail Gold Buyers Still Face Shortages, High Mark-Ups as Global Credit & Lending Collapse; Central Banks Prepare "Money Flood"
THE PRICE OF GOLD in the world's professional wholesale market held inside a tight $10 range early Tuesday in London, drifting up from $768 an ounce as global equities rose for the third session running.
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Tuesday, December 09, 2008
Gold Rallies Following Sharp Drop in South African Gold Production / Commodities / Gold & Silver
By: Mark_OByrne
After falling sharply last week, gold rallied yesterday on the back of a weaker dollar, higher oil (Light Sweet Crude Oil Future - Combined - JAN09 is up more than 6% yesterday after falling an incredible 25% last week) and commodity prices and the Obama fiscal stimulus package.Read full article... Read full article...
Tuesday, December 09, 2008
Silver Shines as Broad Financial Markets Face Meltdown / Commodities / Gold & Silver
By: Chris_Vermeulen
Gold & Silver Outlook: Gold and silver closed lower on Friday. Gold had a long lower wick which generally indicates a small one or 2 day bounce could occur early next week and we got that today.Read full article... Read full article...
Tuesday, December 09, 2008
Gold and the Last Contango in Washington? / Commodities / Gold & Silver
By: Professor_Emeritus
Here is an update on the backwardation in gold that started on December 2. It continued and worsened on December 3, 4, and 5. So far this is the most serious signal of the economic crisis: the world is rushing headlong into a Great Depression, possibly worse than that of the 1930's. Please remember the following analogy: the serial devaluation of currencies starting with that of the British pound in 1931 meant a drastic drop in the velocity of gold circulation.Read full article... Read full article...
Monday, December 08, 2008
Gold Backwardation Crisis: Seperating Facts from Fiction / Commodities / Gold & Silver
By: Rob_Kirby
An important piece of academic research was published last week [ Dec. 5, 2008 ] by Professor Antal Fekete, titled, Red Alert: Gold Backwardation!!! In this article, Professor Fekete reasoned that Dec. 2, 2008 was a landmark date in the saga of the collapsing international monetary system;
“on December 2 nd , at the Comex in New York , December gold futures (last delivery: December 31) were quoted at 1.98% discount to spot, while February gold futures (last delivery: February 27, 2009 ) were quoted at 0.14% discount to spot. (All percentages annualized.) The condition got worse on December 3 rd , when the corresponding figures were 2% and 0.29%. This means that the gold basis has turned negative, and the condition of backwardation persisted for at least 48 hours.”
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Monday, December 08, 2008
End of U.S. Dollars False Rally to Drive Gold Sharply Higher / Commodities / Gold & Silver
By: Ned_W_Schmidt
Perhaps the greatest gift we all could receive in the coming season of year end holidays would be the final demise of the hedge fund industry. While that might not happen, we might have to settle for the end of the U.S. dollar's false rally. Before going into that though, one question. If these funds are hedged, how come they have been losing so much money? Read full article... Read full article...
Monday, December 08, 2008
Measuring The Likely Strength Of This Gold Stocks Impulse Wave / Commodities / Gold & Silver Stocks
By: Captain_Hook
As promised Friday, here we are with a look at the Amex Gold Bugs Index (HUI) in an effort to gauge the likely strength of the anticipated impulse into the first quarter of next year. And as you will see below this move could get quite impulsive if Bollinger Band (BB) widths begin to expand during the move. Certainly such thinking would not be a stretch considering Friday's 45 point move higher in the HUI, however we are not making any assumptions in this regard as option expiries often cause violet moves if prices are either too far above or below equilibrium thresholds. So you see the true test of how strong the present impulse will be is likely better judged by what happens this week, along with other considerations which will be dealt with below. Read full article... Read full article...
Monday, December 08, 2008
Crude Oil Forecast 2009- Time to Buy? / Commodities / Crude Oil
By: Nadeem_Walayat
No one could have imagined a little over 4 months ago with crude oil trading at $147, that crude oil would have crashed by 70% and be threatening to break below $40 so soon. Therefore this analysis seeks to to evaluate the prospects for crude oils future trend over the next 12months in determining whether crude oil today is a good buy or not.Read full article... Read full article...
Monday, December 08, 2008
Gold Jumps on Obama Infrastructure Rebuilding Plan / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD eased back from a sharp 2.8% gain for Dollar investors early in London on Monday, trading flat against Sterling and Euros after US president-elect Obama promised to "jump start" the economy with huge government spending and debt.Read full article... Read full article...
Monday, December 08, 2008
Backwardization Of Gold And The Upwardization Of Gold And Silver Prices / Commodities / Gold & Silver
By: Darryl_R_Schoon
Systemic crises are caused by the inability of systems to respond to stress. When systems can no longer adequately respond, systemic collapse ensues. We are currently witness to the end of a system of paper money based on credit and debt, a system now in the final stages of collapse. Read full article... Read full article...