Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Sunday, January 31, 2010

Gold’s Ugly Price Chart Across Multiple Currencies / Commodities / Gold and Silver 2010

By: Graham_Summers

Most commentators living in the states have made a big ado about Gold breaking to a new all-time nominal high back in the fall of 2009. I didn’t buy into the mania and wrote an article titled Three Reasons Gold Might be Making a Head Fake that was published on November 10, 1009.

Sunday, January 31, 2010

Gold Stock Bugs Screaming Buy Have Lost Money Over the Past Four Years / Commodities / Gold & Silver Stocks

By: Ronald_Rosen

The gold community for a number of years has been screaming, “Buy, buy, and buy now before it’s too late!” Advertisements to “Buy gold…..” are all over television seven days a week, fifty-two weeks a year. Gold bugs claim that the gold shares will far outperform the metal. Well, if you want to know what distribution over an almost four year period looks like study this chart of the HUI. It will take you less than a moment to recognize the fact that if you owned the shares in the HUI for the past four years you now have a loss. Unfortunately this loss takes place at a moment in time when the HUI has once again made an important top and is prepared to move down with a vengeance.

Saturday, January 30, 2010

George Soros Jumps Into the Great Gold Bubble Debate with Rogers and Faber / Commodities / Gold and Silver 2010

By: LewRockwell

Billionaire financier George Soros is the latest to enter the gold bubble debate, warning that with interest rates low around the world, policymakers are risking generating new bubbles which could cause crashes in the future.

Speaking Thursday to The Daily Telegraph, on the fringe of the World Economic Forum, Soros said: "When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment".

Saturday, January 30, 2010

Crude Oil Slips Below $73 a Barrel / Commodities / Crude Oil

By: OilPrice_Com

Crude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a temporary boost from strong GDP figures failed to last and let prices sink to a one-month low.

Earlier in the week, China, weak refinery demand and slumping tech stocks all conspired to keep energy prices low, with prices oscillating around $73 a barrel.

Saturday, January 30, 2010

What’s a Company's Gold Worth? / Commodities / Gold and Silver 2010

By: Casey_Research

Louis James & Andrey Dashkov, Casey’s International Speculator

At any given time, there's a single international spot price for an ounce of refined gold. Gold is priced in U.S. dollars: $1,076.50 per ounce as we go to press. But what about the gold an exploration or mining company has in the ground – how do we value that?

Friday, January 29, 2010

Gold Will Continue to Glitter in 2010 Despite Market Turbulence / Commodities / Gold and Silver 2010

By: The_Gold_Report

Equities and Economics Report writer Victor Gonçalves, in this exclusive interview with The Gold Report, says the yellow metal will generally see more strength than weakness this year, hovering around $1,500. He's enthusiastic about some undervalued juniors and the prospects for rare earths, saying "a lot of projects are looking very economic and attractive."

The Gold Report: Victor, when we last spoke in October you predicted gold would see more strength through the end of the year and we'd see another market rally before a correction. Gold has indeed strengthened and we saw a market rally, but not a correction yet. Does it mean we are due for a correction and, if so, in what time frame and by how much?

Friday, January 29, 2010

Gold's Inflation Bogey, Part II / Commodities / Gold and Silver 2010

By: Adrian_Ash

It isn't rocket surgery. Gold appeals – and thus rises – when the better alternatives don't...

DURING THE 1980s and '90s...when US consumer prices rose at what would have been record rates if it hadn't been for the '70s...the price of gold fell by three-quarters.

Friday, January 29, 2010

Stronger U.S. Dollar Means Weaker Gold / Commodities / Gold and Silver 2010

By: Mike_Paulenoff

The Dollar Index (DXY) continues strengthen (79.41 last), which is making life difficult for gold and the SPDR Gold Shares (NYSE: GLD). With the DXY making new recovery highs, its inverse relationship with gold remain remains very much intact, as the GLD presses marginally below its Dec 22 at 105.31. My near and intermediate-term technical work in the DXY argues for higher prices to 80.00 next and thereafter to 82.00, which if accurate implies lower gold prices that projects the GLD to the 100.00-99.00 next target zone.

Friday, January 29, 2010

Copper, Zinc, Nickel... Impact From Soaring Base Metals Stockpiles / Commodities / Metals & Mining

By: Zeal_LLC

Ever since its secular bull kicked off in 2003, the once-boring base-metals sector took on an aura of excitement.  What trader wasn’t excited when copper, zinc, nickel, lead, and aluminum put together respective gains of 475%, 523%, 650%, 829%, and 163% from their 2003 lows to their interim bull-market highs?

A structural shift in base metals’ core fundamentals sent prices skyrocketing, as supply simply wasn’t able to keep up with fast-growing demand.  The age of consumption extended well beyond the Western economies that normally drove commodities prices, and an Asian monster was aggressively feeding its voracious appetite for the metals.  A new group of developing economies had finally joined the modern era, initiating colossal infrastructure buildouts.

Friday, January 29, 2010

Gold’s China Syndrome / Commodities / Gold and Silver 2010

By: Sean_Brodrick

Gold continues to slump lower as the U.S. dollar goes higher — and now we’re hearing talk of a gold “meltdown.” Oh, please! Sure, gold could be in for a deeper correction — I’d love for it to pull back to support around $945, so I could buy more. And as this chart shows, gold could be on its way there in the short-term…

Friday, January 29, 2010

Gold Versus Co2 Bancor, Why Are Gold Bugs Scared? / Commodities / Gold and Silver 2010

By: Andrew_McKillop

Threats to gold's supposed 'natural role' as a strong, solid and reliable money standard always rise when gold prices are at, or near record highs. Generating fear in the minds of gold buyers and speculators, downsider sentiment is driven not only by the latest one-liner from George Soros, but also by the market action of vested interests stretching from equity asset managers, to central bankers and politicians. All rally to the task of 'saving the money', and other paper stores of value by acting to push down gold prices, whose current faltering levels near all time highs in nominal dollars could or might fall by 50%.

Friday, January 29, 2010

Gold Hits 2nd Monthly Loss as Greek Bail-Out Denied / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD held in a tight range early Friday in London, trading 0.9% above yesterday's 3-month low of $1075 an ounce as European stock-markets ticked higher from this week's 3% drop.

Friday, January 29, 2010

Gold Falls on Momentum Traders Selling Despite Asian Demand / Commodities / Gold and Silver 2010

By: GoldCore

Gold experienced a couple of sharp dips to below $1,075/oz in US trading but it recovered just as quickly and closed yesterday marginally lower. It has been more steady in Asian trading so far this morning, not moving outside a range of $1,079.50/oz to $1,086/oz. Gold is currently trading at $1,082.00/oz and in Euro and GBP terms, gold is trading at €776/oz and £671/oz respectively.

Friday, January 29, 2010

Cocoa Close to Confirming Negative Trend Phase / Commodities / Commodities Trading

By: Seven_Days_Ahead

A key reversal week in December put bears on the alert, following the 2009 recovery that saw a return to the 2008 peak. Doubts over the ability to sustain the higher levels have been strengthened by latest weakness, but we are still waiting for a break of key support.

Friday, January 29, 2010

Russia's Gazprom Angel or Demon? / Commodities / Oil Companies

By: OilPrice_Com

Gazprom faces regular opprobrium for its bullying ways of using energy as a pressure and political tool. Seen by some, mostly Russians, as the symbol of a successful and strong Russia, others see it as a dominating juggernaut, economic right arm of the Kremlin implementing, or should we say, imposing its policies by using energy as a weapon.

Thursday, January 28, 2010

Gold Price Tracks Euro / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE SPOT PRICE of wholesale gold bounced higher from a new 5-week low to the Dollar overnight in Asia on Thursday, rising in London trade to match a 0.5% gain in world stock markets.

Earlier dropping as the European single currency sank through $1.40 to its worst level since July, "[Gold] inevitably followed the Euro's rebound," said one Hong Kong dealer this morning.

Thursday, January 28, 2010

Precious Metal Analysts Bullish in 2010; Asia Favours Gold as Inflation Hedge / Commodities / Gold and Silver 2010

By: GoldCore

Gold slipped some 1% to $1,085.40/oz in US trading but then recovered to range trade from $1,085/oz to $1,091/oz in Asian trading. Gold is currently trading at $1,089.00/oz and in euro and GBP terms, gold is trading at €779/oz and £672/oz respectively.

Thursday, January 28, 2010

Silver Update, Investors Instant Gratification Or Complete Apathy? / Commodities / Gold and Silver 2010

By: Investmentscore.com

The financial markets have millions of people competing for profitable trades but unfortunately their natural instinct gets in the way of the final goal.  Through evolution these investors are programmed to proceed (buy stocks) when they are feeling confident and run (sell) when they are scared.  The result of this “basic instinct” mentality is the classic, buy high and sell low, losing trade.

Thursday, January 28, 2010

Gold Stock Bugs Need a Boost? / Commodities / Gold and Silver 2010

By: Adam_Brochert

Sentiment is terrible in the Gold patch right now, which is what's usually needed to form a lasting bottom. It's so bad that people are actually concerned about what Prechter is saying is going to happen to the Gold price right now (in case you don't know Prechter's track record on Gold, it's simple: he's been "big picture" bearish on Gold for the past ten years).

Thursday, January 28, 2010

Constituents of Commodity Companies Index (CCI) Finally Revealed / Commodities / Metals & Mining

By: Lorimer_Wilson

There are over 1000 companies of various market capitalizations trading on the Canadian and/or U.S. stock exchanges that are involved in some aspect of commodities be it in mining, drilling, agriculture, exploring, developing or financing. That being said there are only about 100 companies that have warrants that trade and only 35 have warrants that are of 24 months duration or longer.