Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, February 17, 2010

New COMEX Rule, Another Reason to Fear Gold, Silver and Commodity ETFs / Commodities / Gold and Silver 2010

By: Dr_Jeff_Lewis

Regardless of their expensive annual fees, frequent tracking errors, and the simple fact that you'll never be able to actually touch the gold or silver your ETF claims to hold, there are several more reasons ETFs should never be used by precious metals investors.  An important rule change by COMEX, the American commodity exchange, allows ETF substitutes for precious metal delivery.

Tuesday, February 16, 2010

Gold Bull Market Celebrates 9th Birthday / Commodities / Gold and Silver 2010

By: Aden_Forecast

Gold, silver and the metals group are coming down from their January highs, on the eve of gold’s nine year bull market run. Considering the gold price has had nine consistent yearly gains, and it’s still above $1000 is a feat in itself. Gold’s bull market is solid, a new phase has begun and it’s currently declining in a sharp, yet normal downward correction.

Tuesday, February 16, 2010

Whether Hyperinflationary Bust or Deflationary Collapse, The Fed is Finished / Commodities / Gold and Silver 2010

By: Captain_Hook

Leaving Las Vegas - Have you noticed the M’s have been contracting noticeably over the past month or so, with M1 now joining the party as well. I did not pose that last sentence as a question because I am telling you this is happening, and that it’s important, and until it stops equities will continue to fall. Here comes a question though. Why is it happening? Answer: Because the bozos over at the Fed are attempting to show everyone all is ‘OK’ by attempting to drain liquidity from the system, which is necessary for continued confidence in their policies (credibility).

Tuesday, February 16, 2010

Gold Miners ETF Should Outperform S&P / Commodities / Gold and Silver 2010

By: Mike_Paulenoff

With gold prices up sharply this morning, let's have a look at the relative strength relationship between the Gold Miners ETF (GDX) and the S&P 500 Cash Index ETF (SPY). My pattern and ROC (rate of change) analysis of the relationship between the GDX and the SPY indicates strongly that the GDX has completed a corrective period versus the SPY and has turned up into an approaching period of relative outperformance.

Tuesday, February 16, 2010

Gold Price About to Go Parabolic in Euros / Commodities / Gold and Silver 2010

By: Jordan_Roy_Byrne

How can we tell if a market is about to go parabolic? Trendlines are one way. Another way is to look at the length of corrections. How long is it taking the market to correct? Are the corrections becoming shorter and shorter?

Tuesday, February 16, 2010

Gold Rises to New Record Nominal Euro High over €817/oz / Commodities / Gold and Silver 2010

By: GoldCore

Gold built on last week’s gains and rose nearly 1% yesterday, closing at $1,099.50/oz and gold also rose in other major currencies. Gold has risen in Asian trading and again in early European trade and is currently trading at $1,113.20/oz and in euro and GBP terms €816/oz and £710/oz respectively. As expected the crisis in the Eurozone has seen gold surge in Euro terms to new record (nominal) highs over €817/oz – thus surpassing the previous record high seen in December 2009 at €813/oz.

Tuesday, February 16, 2010

Gold Hits New Euro High, US Threatens "Soft Default" via 9% Inflation / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE WHOLESALE PRICE of gold bullion rose at both the Asian and London openings on Tuesday, breaking new record highs versus the Euro as finance ministers from the 16-country currency zone met to discuss Greece's ongoing debt crisis.

Crude oil broke above $75 per barrel, while global stock markets rose some 0.7%, as Eurozone government bonds fell.

Tuesday, February 16, 2010

United States Heavy Snowfall Impact on Agri-Food's Harvest and Planting / Commodities / Agricultural Commodities

By: Ned_W_Schmidt

We admit to having been gullible at points in our life. Yes, we have believed stories that on reflection made very little real sense. That is the human part of us, a tendency to believe that others would not intentional mislead us. Perhaps we have leaned from our mistakes. We are not ready to listen to those telling us that the cold weather all around the Northern Hemisphere is due to global warming. We are beginning to suspect that Climate Evangelists and Keynesian economists have a common belief. They both think pigs can fly.

Monday, February 15, 2010

Gold, Silver, and HUI Bear Market and Crash Trend Forecasts / Commodities / Gold and Silver 2010

By: Ronald_Rosen

First, EXCERPT FROM “THE DELTA TURNING POINTS STORY”
          By Welles Wilder   (creator of the RSI, DMI and numerous other technical indicators)

Monday, February 15, 2010

Gold Hits New Euro High, Speculative Froth Evaporates / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD rose sharply in early London trade Monday, recording its highest-ever Gold Fix in Euros as global stock markets rose, government bonds slipped, and the major currencies were little changed.

Monday, February 15, 2010

Gold Rises on Increased Monetary Risk / Commodities / Gold and Silver 2010

By: GoldCore

Gold rose 3.4% last week closing at $1,088.20/oz on Friday and gold also rose in other major currencies. The higher weekly close in all currencies may embolden traders and investors to buy gold again after gold’s most recent sharp selloff. Those holding large short positions will also be nervous and could cause a short covering rally. Gold has risen in Asian trading before giving up early gains and then surged again in early European trade. Gold is currently trading at $1,100.20/oz and in euro and GBP terms €807.47/oz and £701.73/oz respectively.

Monday, February 15, 2010

Sugar Commodity Key Reversal Signals Bull Retreat / Commodities / Gold and Silver 2010

By: Seven_Days_Ahead

Another Key Reversal Week in Sugar has appeared, an earlier one seen in Sep-09, which marked a distinct pause in uptrend. Prospects for another pause/pullback phase are currently good, so we here take a look at the technical factors.

Monday, February 15, 2010

Gold Price Weakness Due to Risk Aversion / Commodities / Gold and Silver 2010

By: Seven_Days_Ahead

Are the Gold bears broken? It’s not clear.

The Technical Trader’s view:

Monday, February 15, 2010

Offshore Oil Companies Investing The Warren Buffett Way / Commodities / Oil Companies

By: Dian_L_Chu

Commodities, particularly crude, were trending down last week after China's Central Bank raised bank reserve requirements boosting the US dollar against other major currencies. That marks the second time China has raised its bank reserve requirement in a month.

Ongoing worries about the economy stemming from European debt problems, specifically the lack of a firm Greek bailout plan from European leaders also prompted investors moving out of risky assets. Crude oil fell for the first day in five to below $75 a barrel also partly due to government data showing U.S. inventories rose more than forecast.

Sunday, February 14, 2010

Gold Falling Bullish Wedge / Commodities / Gold and Silver 2010

By: Clive_Maund

The past week has seen the convergence of a variety of factors that together point to a powerful rally in gold soon. Thus it appears that we have been too cautious in the recent past. Little harm has been done, however, as gold has yet to break out of its downtrend and Precious Metals stocks have advanced but little, compared to what may be coming soon, although it would obviously have been ideal to get in on last Monday`s reaction following the preceding Friday's clear bull hammer in gold, silver and in many stocks.

Sunday, February 14, 2010

Silver Price Trend Shows Strong Signs of a Bottom / Commodities / Gold and Silver 2010

By: Clive_Maund

We sidestepped the recent C-wave decline in the sector, in particular the plunge in silver, scaling back positions the day before it began, and as we now know the PM sector has followed the script set out in the Marketwatch update of the 19th January to the letter. However, the evidence that has accumulated over the past week or so suggests that we have since become too cautious - we should have stuck to that script as it now appears that the correction is over and that the PM sector is powering up for a major advance. Fortunately little has been lost provided that we get back on track without delay.

Sunday, February 14, 2010

Gold Price Trend Forecast For February and March 2010 / Commodities / Gold and Silver 2010

By: Joseph_Russo

Visual Guidance | Trade Triggers | Price Targets >> Gold

One of the highest standards in assessing trading models is to determine whether such models provide profitable entry set-ups and exit criteria with dependable levels of consistency.

Sunday, February 14, 2010

Gold Potentially Bullish Falling Wedge Pattern, But Momentum is Bearish / Commodities / Gold and Silver 2010

By: Merv_Burak

The weekly action has been primarily to the up side but still we’ve gone no place.  Since Dec gold has formed a downward sloping wedge pattern which usually breaks to the up side BUT the Penny Arcade Index is starting to give us a different warning.

Saturday, February 13, 2010

My Secret Gold Stocks Timing System / Commodities / Gold & Silver Stocks

By: DailyWealth

Jeff Clark writes: Right now is the best time in a year to buy into the precious metal sector.

My long-time readers know I rarely buy gold stocks. Because of the long-term bull market in gold, these stocks get very popular with the public in a hurry. Gold stock investors are a highly emotional bunch, and they'll change

Saturday, February 13, 2010

Will Gold and Silver Follow Dollar Higher or Euro Lower? / Commodities / Gold and Silver 2010

By: Julian_DW_Phillips

We are so used to looking at gold rising when the $ falls that the concept of gold rising when the $ rises seems to break the rules. We have often commented that there is no rhyme or reason why the € and gold should move in step with each other. And yet they have driven mainly by COMEX speculators and traders for well over a year now. Just read most daily commentaries and you will see this link to an inverse path to the $ given as the main reason why gold moves.