Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, October 31, 2008
Gold Falls on Comex and Futures Selling Despite Huge Demand / Commodities / Gold & Silver
Gold continues to surprise to the downside on the Comex and the futures markets in spite of huge physical demand, increasing supply issues and surging premiums on bullion products.Read full article... Read full article...
Friday, October 31, 2008
Silver Investing When Everyone Else is Panicking-Party Time…. Let's Celebrate! / Commodities / Gold & Silver
When it comes to investing, does the title “Party Time…. Let's Celebrate!” sound counter intuitive right now? This title is the most opposite/contrarian and therefore it is likely the most appropriate title we could think of at this time. Why?Read full article... Read full article...
Friday, October 31, 2008
Silver Production Falls by 70%? / Commodities / Gold & Silver
This headline should grab anyone's attention, especially those interested in the silver market. Before going forward, let me explain that fully 70% of silver is produced as a result of mining other metals, mostly base metals. Copper mining, for example, is responsible for 28% of the silver mined in 2007. Lead/Zinc mining yielded 32% of the silver mined in 2007. Finally, gold mining brought about 10% of the silver mined, again in 2007. All data is from GFMS World Silver Survey 2008, page 31.Read full article... Read full article...
Thursday, October 30, 2008
Comex Gold and Silver Markets Hurtling Towards Default / Commodities / Market Manipulation
The COMEX gold & silver markets are each hurtling down a dangerous path toward default. The artificial paper price has created enormous physical demand, and hampered supply production, if not delivery. The gap between the JPMorgan-led corrupted phony paper price and the legitimate physical price in actual trading markets has grown sharply, enough to force a breakdown like in any distorted market. When December contracts in gold & silver are demanded to be satisfied via delivery of the metal, it will be clear that the COMEX is running a scam. A default is highly likely. Of course, they can continue to deny contract holders the right to benefit from delivery, as they have been doing for months to ‘Non-Economic Customers' but soon the ‘Commercial Customers' will be defrauded. Arrests are warranted. We will see how this corruption unfolds.Read full article... Read full article...
Thursday, October 30, 2008
Gold to Explode Higher Following Mutual Debasement of World Currencies / Commodities / Gold & Silver
Despite the fact that the governments of the G-7 nations have injected some $3.5 trillion into their financial systems to prevent a meltdown of the world's financial system, stock markets are still reeling. With some stocks down by over 60 percent, many investors already have been through a disastrous erosion of wealth. The declines have not occurred in just a few days as they did in 1929. Rather, Government interventions, regulatory changes and bailouts have drawn out the fall in prices over a long enough time period to make it feel like a slow water torture.Read full article... Read full article...
Thursday, October 30, 2008
Gold Dips, Stocks Jump Despite US Recession Data / Commodities / Gold & Silver
THE SPOT PRICE of physical gold slipped from a seven-session high for Dollar and Yen investors at the New York opening on Thursday, as world stock markets extended a four-day rally despite confirmation that the US economy has joined the UK in sliding towards recession.Read full article... Read full article...
Thursday, October 30, 2008
U.S. Inflationary Interest Rate Cut Bullish for Gold / Commodities / Gold & Silver
Gold rose nearly 2% yesterday as the Federal Reserve decreased the fed funds rate by 50 basis points to 1.00%. Other central banks internationally are also slashing interest rates and there is increasing speculation that the Bank of England and the ECB may cut interest rates aggressively as early as this week and possibly even today in an effort to prevent international financial contagion causing a sharp global recession.Read full article... Read full article...
Thursday, October 30, 2008
Gold Insurance Against Continuing Financial Meltdown / Commodities / Gold & Silver
Wow! Are you excited?
The entire world is going through a generational and even a once in a hundred year cyclical change right before our eyes and we are witness to these historical events. All of these gold and financial sites for over 10 years have been predicting that this financial meltdown was coming.
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Wednesday, October 29, 2008
SIlver Up Trend Continues / Commodities / Gold & Silver
All my near-term technical and pattern work on the iShares Silver Trust ETF (AMEX: SLV) argues for upside continuation that tests key near-term resistance at 10.00/30. If that area happens to be hurdled, I will get signals that point the SLV to 12.00 thereafter. Why? Perhaps what we are seeing is a technical representation of the reaction of the "precious" metals complex to VERY low interest rates (typically a bullish environment for commodities), coupled with the massive liquidity injections that could kindle expectations of monetary inflation translating into eventual "goods" inflation. Be that as it may, as we speak the near-term technical set-up in the SLV is improving rapidly.Read full article... Read full article...
Wednesday, October 29, 2008
How to Choose a Gold Stock? / Commodities / Gold & Silver Stocks
Gold stocks have under-performed on the way up for the gold price and have been slaughtered on the way down. Is the day of the gold equity over or is there a way to select a gold stock and profit in such a market?Read full article... Read full article...
Wednesday, October 29, 2008
Gold Gains as Stock-Rally Fades on Collapse in World Trade / Commodities / Gold & Silver
SPOT GOLD PRICES jumped to a one-week high of $765 an ounce at Wednesday's New York opening, gaining 12% from Friday's 12-month low as the strong rally in world stock markets faltered.
Wall Street futures pointed lower ahead of today's Federal Reserve decision, widely expected to deliver a further 0.5% cut to US interest rates, taking the returns paid to Dollars back to the 6-decade lows now blamed for the sub-prime housing bubble of 2001-2007.
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Wednesday, October 29, 2008
Wild Crude Oil Markets Long-term Trend / Commodities / Crude Oil
Sean Brodrick writes: When people ask me if I think crude oil is going to $50 or $150, I nod sagely and say: “Yes, probably.”
I'm not being flip. I'm simply giving both the short-term and the long-term timeframes.
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Wednesday, October 29, 2008
Gold Physical Demand at Record Levels Supply Delays and Shortages Deepening / Commodities / Gold & Silver
Gold continues to thread water after its recent sharp falls and there are very determined sellers in the futures market at the $740 to $750/oz level.The Letter, expressing some respect for gold's relative performance, points out that there "... is a strong seller of gold at the $740-$745 level…quite large; quite adamant and quite intent upon asserting his or its will upon the market." There is informed speculation that investment bank selling pressured gold this morning.
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Tuesday, October 28, 2008
Gold Priced in the Top 10 World Currencies / Commodities / Gold & Silver
"...Take a look at this chart of gold prices measured in the top 10 most important world currencies..."
SO the SPOT GOLD PRICE sank in October, dropping right back to 13-month lows at $683 an ounce.
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Tuesday, October 28, 2008
Exposing the Stealth Secrets of Investing / Commodities / Gold & Silver Stocks
Ongoing education, excellent connections and a wealth of experience combine to give John Pugsley insights that are both compelling and provocative. Using analogies as diverse as dribbling basketballs and stocking up on tuna when it's a bargain in the supermarket, he talks about the importance of patience, a focus on fundamentals and the criteria he's using to identify the next wave of winners.Read full article... Read full article...
Tuesday, October 28, 2008
Gold Consolidates in the range $700 to $760 / Commodities / Gold & Silver
After rising yesterday gold is up marginally again today and has continued to consolidate in the $700/oz to $760/oz range. Further consolidation is likely necessary after the sharp fall in recent days.Read full article... Read full article...
Tuesday, October 28, 2008
Gold Rallies as Dollar and Yen Correct / Commodities / Gold & Silver
THE PRICE OF GOLD BULLION continued to rally on Tuesday, rising to a four-session high above $752 per ounce as world stock markets also bounced after falling 12 times in 19 days in October.Read full article... Read full article...
Tuesday, October 28, 2008
Gold Technical Analysis and Forecast Video / Commodities / Gold & Silver
Gold at the moment is perplexing to a great many traders. To many it was a shock when gold recently traded below the $700 an ounce level. So the question is, what happened to the $2,000 an ounce target that most gold bugs were calling for?Read full article... Read full article...
Monday, October 27, 2008
Crude Oil Truth / Commodities / Crude Oil
I am not ready to step up to add the U.S. Oil Fund ETF (AMEX: USO) to our model portfolio just yet, but I am getting much friendlier to the idea technically. Looking at the weekly crude oil chart, it's the time of truth for nearby oil prices, as the price structure pressed against its 7-year support line in the $61.60 area, which was violated marginally this morning ($61.30), but NOT by 1-1/2% ($60.60), which would have triggered another bout of weakness to $55.00-50.00 next.Read full article... Read full article...
Monday, October 27, 2008
When Does Gold Trend Turn into a Bear Market? / Commodities / Gold & Silver
The action in gold on Thursday and especially on Friday was bullish, as well it might be after a near vertical drop of nearly $200 in just 2 weeks. In the article At what point does gold become a full blown bearmarket? posted on the site on 23rd it was made clear that the strong support in the $700 area needed to hold, otherwise gold would join copper and silver and many other commodities in being a bearmarket, at least as far as its paper price is concerned. Immediately after this article was posted gold dropped further to test this support, but on both Thursday and Friday it refused to close below $700, and on Friday a bullish candlestick, a long-legged doji, otherwise known as a "Rickshaw Man" showed up on the chart.Read full article... Read full article...