Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, March 31, 2010
Is The Stock Market Topping and What Does It Mean for Gold? / Commodities / Gold and Silver 2010
In our previous essay we explained the link between the USD Index, and the price of gold and commented on what how is the situation on the USD likely to influence the precious metals market. This week, we would like to comment on the second driver of the PM prices - the general stock market. Much has been written lately how overvalued are the main stock indices at the moment, and how bad it is for the PM sector.
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Wednesday, March 31, 2010
Wildly Bullish Scenario for Gold Stocks / Commodities / Gold and Silver 2010
In the article I wrote on March 22 ("When it Breaks, It's Going Somewhere in a Hurry"), I stated that there were two downside possibilities for the price of gold, with the bearish move to at least $950 being the most likely, and the move down to $650 being second most likely.
I also mentioned that there was a third possibility, and that the price of gold could move very rapidly to new highs somewhere around the $1325/oz level by the end of the year.
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Wednesday, March 31, 2010
Gold Proxy for Buying China's Growth Story / Commodities / Gold and Silver 2010
Wanted to buy China's growth story but didn't know how...?
The WORLD GOLD COUNCIL'S excellent new 74-page report on Chinese gold demand – Gold in the Year of the Tiger – contains many graphics, tables and charts.
Wednesday, March 31, 2010
Gold GLD Surging / Commodities / Gold and Silver 2010
Yesterday we noted that if all of the action in the SPDR Gold Shares (GLD) from the 3/3 high at 112.18 into the 3/24 low at 106.24 (5.3%) represented a completed correction, then all of the action since the 3/24 low represents the start of a new upleg.
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Wednesday, March 31, 2010
Gold & Silver Rise as Dollar Falls / Commodities / Gold and Silver 2010
THE PRICE OF GOLD & SILVER bullion rose against a weakening US Dollar in London on Wednesday, ticking higher as Asian shares ended the day lower and European stock markets held flat.
"A close above $1097 today will give gold its sixth consecutive quarterly gain," says the daily note from Mitsui's London team.
Wednesday, March 31, 2010
Gold Set for Sixth Consecutive Quarterly Advance on Physical Demand / Commodities / Gold and Silver 2010
Gold fell to $1,101/oz in New York before recovering to close with a loss of 0.53%. It has since risen from $1,105/oz to $1,110/oz in Asian trading this morning. Gold is currently trading at $1,109/oz and in euro and GBP terms, gold is trading at €825/oz and £732/oz respectively. Gold looks set for a lower close for the month of March (some 1%) but a higher close for the quarter (see chart).Read full article... Read full article...
Wednesday, March 31, 2010
USA and Europe Do Not Need Russian Natural Gas Anymore / Commodities / Natural Gas
Russia has virtually lost the sales market for its natural gas in the United States of America and runs risks of losing its positions in Europe at this point too. Sergey Dontsov, Deputy Minister for Nature of the Russian Federation, said that the reason for such export failures is about the delays in the development of the Shtokman gas deposit in the Barents Sea.
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Tuesday, March 30, 2010
Gold Price Manipulation, Fact or Fantasy? / Commodities / Gold and Silver 2010
Amazingly enough...or maybe it's not so amazing, every time gold corrects we see the conspiracy theories flying thick and heavy. I've questioned these theories I don't know how many times and I have yet to receive a logical answer. Now that I think about it, I don't believe I've ever received any answer.
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Tuesday, March 30, 2010
How to Corner the Gold Market / Commodities / Gold and Silver 2010
First, let your greed overcome all regard for the stability of the global market, and overcome your aversion to illegal activities. Stay away from people like me, and fly under the radar, because I’d like to see you thrown in jail. Most Washington officials, regulators, and Wall Street managers are probably safe to hang around, especially if you cut them in for a piece of the action or give them vague promises of a future lucrative job.
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Tuesday, March 30, 2010
Shale Gas Going Global – An Interview with Dave Forest / Commodities / Natural Gas
Dave Forest and I are philosophically aligned. Dave writes “Pierce Points” everyday (and I read it every day) and he is a former Casey Energy newsletter editor. We’ve started sharing ideas and a key one for both of us is that we see huge shareholder wealth being created for oil and gas investors as the new technologies now used in North America – horizontal drilling and fracking – get exported around the world.
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Tuesday, March 30, 2010
Gold Finds Strong Physical Demand Even as U.S. Dollar Rallies / Commodities / Gold and Silver 2010
THE PRICE OF GOLD gave back a 0.6% rise as New York trade began on Tuesday, slipping back to $1107 an ounce as world stock markets struggled near 18-month highs and the Dollar rose on the currency market.
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Tuesday, March 30, 2010
Gold Pendulum Swings Back Over $1,100 / Commodities / Gold and Silver 2010
Gold prices have bandied about quite a bit in the last two months while maintaining a relatively modest range of less than $90. The high point for gold in the last 60 days was $1,139.60 per ounce at the start of March and the low point was $1,052.25 in early February.
The current gold spot rate is virtually in the middle of this two month range at $1,109.60 per ounce. The lack of firm direction in gold is symbolic of a speculative environment in which investors are trying to put their collective finger on whether to take on riskier growth investments, or to stick to safe money investments like gold.
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Tuesday, March 30, 2010
Gold and “States Rights”…Bye, Bye! / Commodities / Gold and Silver 2010
Good Morning Americans! It’s Friday…somewhere.
What is the price of gold? Who cares? As long as those blue days of under 300 an ounce don’t return. Dear heaven forbid. I’ll never forget those days. Everyday you watched the gold price hoping it would at least climb over 280. And then one day it might hit 291 and you were ready to celebrate with a bottle of Champaign.
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Tuesday, March 30, 2010
Silver Surges as Copper, Crude Oil and Gold Rise / Commodities / Gold and Silver 2010
Gold went from as low as $1,106/oz up to $1,114/oz in US trading before closing with a gain of 0.53%. It has range traded from $1,109/oz to $1,113/oz in Asian trading this morning. Gold is currently trading at $1,110/oz and in euro and GBP terms, gold is trading at €824/oz and £738/oz respectively.
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Tuesday, March 30, 2010
Copper: An Insider’s Perspective / Commodities / Metals & Mining
Copper prices are up a 160% in the past year and a half.
Most investors are wondering is the run over?
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Tuesday, March 30, 2010
Gold Is Not “Money” / Commodities / Gold and Silver 2010
Simply put, for now and likely later, gold is not and will not, be “Money”.I ask people to suspend their beleifs for a few minutes if they want to make it through this writing and to try not to stare at facts or numbers and scenarios and dismiss them on those beliefs.
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Tuesday, March 30, 2010
Why Gold Will Not Make New Highs or Lows This Year / Commodities / Gold and Silver 2010
Gold has had some dramatic moves in the last eighteen months and we expect it will have some equally dramatic moves in the future, but not right now.
While I recognize that gold is one of the few commodity markets that people are really passionate about; the purpose of this article is not to take sides either with the gold bugs or those who reject the argument that gold is forever. Rather, I want to discuss my interpretation of the markets cycle.
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Monday, March 29, 2010
Silver Producers Who Shine / Commodities / Gold & Silver Stocks
"The case has never been better for having a position in precious metals as a store of value," says Mike Niehuser, founder of Beacon Rock Research, LLC, especially in light increasing amounts of government debt. In this exclusive interview with The Gold Report, Mike talks about his goal of finding mining stocks with good management and assets with defined pathways to value creation and two in particular that he's keeping an eye on that "have excellent exploration upside."
The Gold Report: Mike, has your outlook for precious metals changed given the recent strengthening of the U.S. dollar?
Monday, March 29, 2010
Gold $5,000 Rapture, China Buys Gold! / Commodities / Gold and Silver 2010
Still waiting for that headline, plus the $5000 rapture it will bring...?
"CHINA BUYS GOLD" is the story that all commodity journalists want to break, and the headline that gold bugs the world over most want to read.
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Monday, March 29, 2010
Agri-Food Stocks Sector Positive Trends Supported by 2.4 Billion China India Consumers / Commodities / Agricultural Commodities
“Fla. jobless rate reaches record 12.2 pct in Feb” is the headline from an Associated Press report of 26 March. In short, one out of eight workers is unemployed. Per the author of this article, M. Merzer, in excess of 1.1 million Floridians are out of work. Rather than creating jobs, the Obama Regime and a dysfunctional Congress have focused on nationalizing the U.S. health care system. The articles on the health care nationalization have tended to miss the obvious. Given the higher expenses and write offs being announced by major U.S. businesses, the first to feel the impact of Obamacare will be those being laid off because of it.
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