
Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, June 11, 2010
Crude Oil Investing and Forecast Mid 2010 Update / Commodities / Crude Oil
By: Money_Morning
 Larry D. Spears writes: While it looked like they were headed towards the $90 a barrel level, oil prices hit a wall in the spring. Rattled investors who worried about the direction of the global economy shunned black gold in favor of real gold as a means of preserving capital.
Larry D. Spears writes: While it looked like they were headed towards the $90 a barrel level, oil prices hit a wall in the spring. Rattled investors who worried about the direction of the global economy shunned black gold in favor of real gold as a means of preserving capital. 
But don't be fooled. The spring retreat simply set the stage for a second-half rally.
Read full article... Read full article...
Friday, June 11, 2010
Gold Gains as Risk Trade Back on Despite Sovereign Debt and Banking System Stress / Commodities / Gold and Silver 2010
By: GoldCore
 Global equities and commodities have rallied due to increased risk appetite despite real lingering risks. Gold has gained for the first time in four days in global markets and some investors continue to diversify into the safe haven on concern that Europe's sovereign debt and fiscal crisis isn't over. Hopes for a continuation of the recent global economic rebound are high and have seen oil, copper and most commodity prices rise this week and equities stabilise. Gold is currently trading at $1,220/oz and in Euro, GBP, CHF, and JPY terms, gold is trading at €1,008/oz, £832/oz, CHF 1,393/oz, JPY 111,709/oz respectively.
Global equities and commodities have rallied due to increased risk appetite despite real lingering risks. Gold has gained for the first time in four days in global markets and some investors continue to diversify into the safe haven on concern that Europe's sovereign debt and fiscal crisis isn't over. Hopes for a continuation of the recent global economic rebound are high and have seen oil, copper and most commodity prices rise this week and equities stabilise. Gold is currently trading at $1,220/oz and in Euro, GBP, CHF, and JPY terms, gold is trading at €1,008/oz, £832/oz, CHF 1,393/oz, JPY 111,709/oz respectively.
Friday, June 11, 2010
Is Gold Still a Buy and If So, Where? / Commodities / Gold and Silver 2010
By: Seven_Days_Ahead
 The Technical Trader’s view:
The Technical Trader’s view:
Friday, June 11, 2010
Copper Bounce Now Likely / Commodities / Commodities Trading
By: Seven_Days_Ahead
We had recently been looking at potential resistance in Copper, from a long term 76.4% level. This was forthcoming and the subsequent slip back has now reached interesting technical support, from which a temporary rebound looks probable.
Read full article... Read full article...
Friday, June 11, 2010
Natural Gas Sector Merger and Acquisitions Activity About to Ramp Up / Commodities / Natural Gas
By: The_Energy_Report
 When folks want the straight goods on the oil and gas  sector they go to Oppenheimer's sage Managing Director Fadel Gheit. That's what  we wanted, too, when we asked him to spend some time with The Energy Report. In this upfront interview,  Gheit rails against government inaction on oil price speculation and predicts  low gas prices will soon lead to more M&A activity. Gheit's market  commentary is frank and insightful and could certainly impact your investment  decisions.
When folks want the straight goods on the oil and gas  sector they go to Oppenheimer's sage Managing Director Fadel Gheit. That's what  we wanted, too, when we asked him to spend some time with The Energy Report. In this upfront interview,  Gheit rails against government inaction on oil price speculation and predicts  low gas prices will soon lead to more M&A activity. Gheit's market  commentary is frank and insightful and could certainly impact your investment  decisions.
Thursday, June 10, 2010
Gold Seasonal Price Trends are Favorable for Summer Purchases / Commodities / Gold and Silver 2010
By: Michael_J_Kosares
 A momentous shift in the financial realm occurred   at the turn of the millennium, but did so without fireworks -- not a single   squib was heard on its behalf. After all, the gold market had long and dutifully   languished, languished so utterly weary with its own 20-year bearish attitude   that the proverbial "rock-bottom" was struck at $250 (and not just once but   rather twice, as if to re-emphasize contempt at the price tag), a price   so absurdly low it triggered a cathartic purging of all further   legitimate bearish opinion on the matter. (Illegitimate   bearish opinion continues to this day and suffers accordingly.)
A momentous shift in the financial realm occurred   at the turn of the millennium, but did so without fireworks -- not a single   squib was heard on its behalf. After all, the gold market had long and dutifully   languished, languished so utterly weary with its own 20-year bearish attitude   that the proverbial "rock-bottom" was struck at $250 (and not just once but   rather twice, as if to re-emphasize contempt at the price tag), a price   so absurdly low it triggered a cathartic purging of all further   legitimate bearish opinion on the matter. (Illegitimate   bearish opinion continues to this day and suffers accordingly.)
Thursday, June 10, 2010
High Hurricane Activity Threatens Gulf Oil Production, Cleanup Efforts / Commodities / Crude Oil
By: OilPrice_Com
As hurricane season begins in the Caribbean and Gulf of Mexico, forecasters are predicting higher-than-usual activity that could disrupt oil and gas production in the Gulf and hinder efforts to clean up the Deepwater Horizon oil spill.Read full article... Read full article...
Thursday, June 10, 2010
Gold Analysts "Bullish" as Dollar Slips / Commodities / Gold and Silver 2010
By: Adrian_Ash
 GOLD  DEALT IN large wholesale bars slipped in price for  the second session running in London on Thursday, dropping 2.5% from Tuesday's  record highs as European stock markets held flat and the US Dollar ticked lower  on the currency market.
GOLD  DEALT IN large wholesale bars slipped in price for  the second session running in London on Thursday, dropping 2.5% from Tuesday's  record highs as European stock markets held flat and the US Dollar ticked lower  on the currency market.
  
  The central banks of both the Eurozone and the UK voted to keep interest rates  on hold, sticking since spring 2009 at 0.5% and 1.0% respectively.
Thursday, June 10, 2010
A Must See Chart for Gold Stock Investors / Commodities / Gold & Silver Stocks
By: DailyWealth
 Brian Hunt writes: In late 2008, shares in gold stocks suffered one of the worst wipeouts in market history.
Brian Hunt writes: In late 2008, shares in gold stocks suffered one of the worst wipeouts in market history.
                
                Most small, speculative gold stocks lost over 80% of their value in just a few months. Even the bigger, more established gold miners lost nearly 70% of their value in seven months.
Thursday, June 10, 2010
Silver Underpriced, Insufficient Supply to Meet China’s Growing Demand / Commodities / Gold and Silver 2010
By: LewRockwell
 Richard Daughty writes: Most people have never heard of “the invisible hand” of the market, which is the surprising result of everyone working to get money with which to satisfy their own selfish interests, and it ends up benefiting everybody, a result that is so glorious that it seems that things are being guided by some “invisible hand.”
Richard Daughty writes: Most people have never heard of “the invisible hand” of the market, which is the surprising result of everyone working to get money with which to satisfy their own selfish interests, and it ends up benefiting everybody, a result that is so glorious that it seems that things are being guided by some “invisible hand.”
Thursday, June 10, 2010
Bernanke's Claims That He Does Not "Fully Understand the Movement in the Gold Price" / Commodities / Gold and Silver 2010
By: GoldCore
 Gold is currently trading at $1,223/oz and in euro, GBP, CHF, and JPY terms, at €1,017/oz, £840/oz, CHF 1,402/oz, JPY 111,318/oz respectively. Gold has fallen in all currencies today as traders have taken profits after the recent surge in prices. Gold priced in euros, UK pounds, Swiss francs and US dollars surged to record nominal highs on Tuesday on demand for a store of value. Concerns of a global economic slowdown allied with fears that debt laden European countries like Greece, Spain, Portugal and Hungary could default and lead to contagion have led to safe haven demand for gold in recent weeks.
Gold is currently trading at $1,223/oz and in euro, GBP, CHF, and JPY terms, at €1,017/oz, £840/oz, CHF 1,402/oz, JPY 111,318/oz respectively. Gold has fallen in all currencies today as traders have taken profits after the recent surge in prices. Gold priced in euros, UK pounds, Swiss francs and US dollars surged to record nominal highs on Tuesday on demand for a store of value. Concerns of a global economic slowdown allied with fears that debt laden European countries like Greece, Spain, Portugal and Hungary could default and lead to contagion have led to safe haven demand for gold in recent weeks. 
Thursday, June 10, 2010
Bernanke says Gold Acting Differently than Rest of Commodities Group / Commodities / Gold and Silver 2010
By: Mike_Shedlock
 It's not often I agree with Ben Bernanke, but this time, in regards to gold,   I do. Please consider Bernanke Says Gold, Commodities Conflict on Inflation.
It's not often I agree with Ben Bernanke, but this time, in regards to gold,   I do. Please consider Bernanke Says Gold, Commodities Conflict on Inflation.
Thursday, June 10, 2010
Gold Trade for This Week / Commodities / Gold and Silver 2010
By: Sean_E_Blair
Hello All, This stuff is somewhat time sensitive.
The August Gold is leaving little “technical” gaps all over the place. Classical technical analysis suggests that gaps on a chart will be filled. (It doesn’t specify when though.) I will not worry about the gap on the downside being filled and instead, focus on the upside.
Read full article... Read full article...
Thursday, June 10, 2010
Riding the Palladium Roller Coaster / Commodities / Palladium
By: Jennifer_Barry
 As I discussed in my February article, “Palladium Still Shines,”  palladium is a versatile element used in   everything from electronics to polyester production to cancer therapy.  In most applications, such as autocatalysts, cheaper metals can't be  substituted. In fact, if hydrogen-based fuel cells become significant in local  power and automotive applications, those high-tech uses would also require palladium.
As I discussed in my February article, “Palladium Still Shines,”  palladium is a versatile element used in   everything from electronics to polyester production to cancer therapy.  In most applications, such as autocatalysts, cheaper metals can't be  substituted. In fact, if hydrogen-based fuel cells become significant in local  power and automotive applications, those high-tech uses would also require palladium. 
Thursday, June 10, 2010
Silver Likely Market Top / Commodities / Gold and Silver 2010
By: Guy_Lerner
Figure 1 is a weekly chart of the i-Shares Silver Trust (symbol: SLV). The pink labeled price bars are negative divergence bars. The divergence is between an oscillator indicator (called value charts) and price. (Of note, there is nothing unique about value charts as an oscillator other than I can program with it; as a matter of record, this is the same oscillator I use in all my charts.)
Read full article... Read full article...
Thursday, June 10, 2010
Gold and Inflation, Looking Ahead of the Curve / Commodities / Gold and Silver 2010
By: The_Gold_Report
 Rob McEwen, whose Midas touch in mining has been as transformational as   anyone's, sat down recently for this exclusive, wide-ranging interview with   The Gold Report. Hoping we manage to avoid the "darkest hour" he envisions,   he describes fearsome parallels between the Weimar Republic of the late '20s and   early '30s to the United States of today. Fast-forwarding to the future, he also   explores a few of the things the mining industry might do to start making itself   invisible in terms of environmental impact.
Rob McEwen, whose Midas touch in mining has been as transformational as   anyone's, sat down recently for this exclusive, wide-ranging interview with   The Gold Report. Hoping we manage to avoid the "darkest hour" he envisions,   he describes fearsome parallels between the Weimar Republic of the late '20s and   early '30s to the United States of today. Fast-forwarding to the future, he also   explores a few of the things the mining industry might do to start making itself   invisible in terms of environmental impact.
Wednesday, June 09, 2010
Gold prices nudge $1250/oz, are you prepared? / Commodities / Gold and Silver 2010
By: Bob_Kirtley
 We will kick off with a quick at the chart for gold prices  and what a great chart it is. Despite the bears constantly jostling to be the  first bear to call a major correction for gold prices to drop back to the  depths of the last decade, gold is just not listening and continues to  strengthen as the demand for real value grows.
We will kick off with a quick at the chart for gold prices  and what a great chart it is. Despite the bears constantly jostling to be the  first bear to call a major correction for gold prices to drop back to the  depths of the last decade, gold is just not listening and continues to  strengthen as the demand for real value grows.
Wednesday, June 09, 2010
Albania, the New Frontier for Crude Oil Investors / Commodities / Crude Oil
By: Marin_Katusa
 By Marin Katusa, Chief Market Strategist, Casey Research Energy   Division writes: After a troubled past, resource-rich Albania is trying to modernize itself   into a good place to do business... and with astonishing success.
By Marin Katusa, Chief Market Strategist, Casey Research Energy   Division writes: After a troubled past, resource-rich Albania is trying to modernize itself   into a good place to do business... and with astonishing success.
Over the years, we've visited Albania more times than we'd care to admit. Although it's not a place we'd recommend for a family vacation, your investment dollars will find a happy home there. Unlike the rocky tale of Albania itself, the latest oil development stories are bound to have a much happier ending.
Read full article... Read full article...
Wednesday, June 09, 2010
Natural Gas Stocks: Why NOW Is the Time to Buy Them / Commodities / Natural Gas
By: Keith_Schaefer
This is what I call the “shopping season” for natural gas stocks. And even though I’m a longer-term bear on natural gas, there is one part of the natural gas market that is not well known, I think mis-understood, and potentially mis-priced. As a result, I think it could make me money this year – and I think now is the time for me to be buying this little subset.Read full article... Read full article...
Wednesday, June 09, 2010
Gold Consolidates Near Record Nominal Highs in Nearly All Currencies / Commodities / Gold and Silver 2010
By: GoldCore
 Gold rose to new record nominal highs in nearly all major currencies yesterday (record highs in US Dollars, euros, sterling, Swiss francs, South African rand, Indian rupees, Chinese renminbi/yuan etc) on growing concerns of sovereign debt contagion and concerns about the robustness of the global economic recovery. Concerns that large industrial nations with huge debt burdens will attempt to inflate away their debts thereby devaluing currencies is also leading to investment demand for the finite currency that is gold. Gold is currently trading at $1,236/oz and in euro, GBP, CHF, and JPY terms, at €1,035/oz, £855/oz, CHF 1,423/oz, JPY 112,870/oz respectively.
Gold rose to new record nominal highs in nearly all major currencies yesterday (record highs in US Dollars, euros, sterling, Swiss francs, South African rand, Indian rupees, Chinese renminbi/yuan etc) on growing concerns of sovereign debt contagion and concerns about the robustness of the global economic recovery. Concerns that large industrial nations with huge debt burdens will attempt to inflate away their debts thereby devaluing currencies is also leading to investment demand for the finite currency that is gold. Gold is currently trading at $1,236/oz and in euro, GBP, CHF, and JPY terms, at €1,035/oz, £855/oz, CHF 1,423/oz, JPY 112,870/oz respectively.

