Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, November 02, 2009

Agri-Food Commodities Continue to Defy Forecasts by Trending Higher / Commodities / Agricultural Commodities

By: Ned_W_Schmidt

As time is moving rapidly toward the end of the calendar, thoughts tend to go to that which was accomplished during the year. Perhaps this year we might reflect on that which did not happen. A year ago, the outlook for the future was fairly gloomy. In the Western economies, the policies of the cental banks, and in particular the Federal Reserve, were abject failures. While the outlook for the Western economies continues fairly dismal, at least we do not seem to be falling further into an abyss without hope.

Monday, November 02, 2009

Are Bank Safe Deposit Boxes Safe? No / Commodities / Gold & Silver 2009

By: David_Vaughn

Got a lot of email when I suggested that safe deposit boxes are not safe from bank or government intrusion.

In most minds the “safe deposit box” is the “holy grail.”  Our comfort will always be OK as long as our safe deposit box remains safe from others ill intent.  Noticed the last few years how the Swiss Banks are no longer confidential places for one to store anything of value?  The US government has applied pressure on Switzerland to make available Swiss bank records at any time requested by the US Government. 

Monday, November 02, 2009

Are Higher Prices the ‘New Normal’ for Crude Oil? / Commodities / Crude Oil

By: Frank_Holmes

Oil prices have bounced more than 150 percent off of December 2008 lows but inventory levels remain at historically high levels despite a healing global economy.

However, Goldman Sachs says robust 2010 oil demand growth will deplete these inventories over the next 12-to-18 months and diminishing production rates in key areas around the world will create a supply/demand imbalance.

Monday, November 02, 2009

Gold Jumps on Economic Cost of Near $900 per New Ounce Extracted / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD jumped at the start of London dealing on Monday, reaching one-week highs against the Dollar and Sterling and trading at a near-3 week high in terms of the Euro, rising above €713 an ounce.

Asian stock markets outside Shanghai closed the day lower, with Tokyo's Nikkei index dropping 2.3%.

Monday, November 02, 2009

Gold Survived the Test / Commodities / Gold & Silver 2009

By: Neil_Charnock

Gold survived the first test of the $1,030 level and celebrations will be heard from gold bull camps everywhere.  Gold bounced up with vigor from this newly formed, and not yet concrete, support level to reach US$1,047.40 and AUD$1,150 on Thursday night.  Friday gold price action was not as negative as we might have expected given the heavy profit taking on the Dow and AUD sell off which pushed gold denominated in Australian Dollars to the highest level since mid October – back over AUD$1,160.

Monday, November 02, 2009

G20 Finance Ministers Meeting and LBMA Precious Metals Conference in Scotland / Commodities / Gold & Silver 2009

By: GoldCore

Gold has experienced a strong opening this morning and is currently trading at $1.052/oz, $8 higher than its close on Friday. In EUR and GBP terms, gold has risen and is trading at €712/oz and £643/oz respectively.

Monday, November 02, 2009

Gold Confiscation Risk / Commodities / Gold & Silver 2009

By: Howard_Katz

Things are looking good for the gold bugs these days.  September and early October saw the (long awaited) break above $1,000.  This past week saw the technical pull back to the breakout point, and Thursday was the turnaround day.  Friday saw some very bullish candlestick signals in many of the gold stocks.

Monday, November 02, 2009

New Low for the Dollar and New highs for Commodities CRB Index / Commodities / CRB Index

By: Donald_W_Dony

KEY POINTS:
• US Dollar decline continues. $0.74 target
• Upward pressure on CRB builds into Q1

Sunday, November 01, 2009

Geithner Signals Gold Going Much Higher, What to Buy Now / Commodities / Gold & Silver 2009

By: Q1_Publishing

The Obama administration dispatched high-level members back onto the Sunday morning talk show circuit following a few bits of positive economic news.

Sunday, November 01, 2009

Gold Bull Market Forecast 2009, 2010 Update / Commodities / Gold & Silver 2009

By: Nadeem_Walayat

Gold has had a stellar run of late, which recently saw Gold pushing to new all time highs on a near daily basis which has galvanised wider mainstream press attention to the precious metal with many gold bugs revising targets ever higher into loftier goals such as $2000 and even $4000+. Gold is one of the most popular asset classes both sought after by readers and written about by market commentators, and one of the most emailed query as to when will I update my original gold analysis of 22nd January 2009 which concluded during mid 2009, therefore this analysis seeks to project the Gold Price trend well into 2010.

Saturday, October 31, 2009

How and Why China Will Flood the Gold Market / Commodities / Gold & Silver 2009

By: DailyWealth

Jeff Clark of Casey Research writes: As you read this, the Chinese government is doing an extraordinary thing... something nearly unheard of in the modern world.

It is encouraging citizens to put at least 5% of their savings into precious metals.

Friday, October 30, 2009

U.S. Dollar Vs Gold, The Fear Trade / Commodities / Gold & Silver 2009

By: The_Gold_Report

It's been a dollar vs. gold story ever since the economy ran into trouble last fall, according to Blackmont Metals and Mining Analyst Richard Gray, who sees inevitable inflation down the road. "The trouble is there are no real applicable precedents we can use," he explains, noting the prodigious amount of stimulus money flooding the economy. In this exclusive interview with The Gold Report, Richard discusses major drivers behind gold's price rise, attributes of successful juniors and why he thinks gold's upside scenario is "maybe $1,100 or $1,200."

Friday, October 30, 2009

Gold Stocks Slide as U.S. Dollar Index Strengthens, Should You Be Concerned? / Commodities / Gold & Silver Stocks

By: Przemyslaw_Radomski

The precious metals market is correcting, as I mentioned it in the previous essay, when I summarized that it seems that gold, silver, and corresponding equities need to take a breather to correct their post-$1,000-breakout rally. This is what we’ve seen lately, so the question is how low can we go and what to look for as signs of a reversal.

Friday, October 30, 2009

Marc Faber Says Gold a Bargain Compared to S&P 500 Stocks / Commodities / Gold & Silver 2009

By: Mac_Slavo

Well known economic analyst Marc Faber still likes gold, especially when compared to equity prices. In his October 2009 Gloom Boom & Doom report, Faber discusses his long-term outlook for the shiny yellow metal:

Friday, October 30, 2009

Copper the Bellwether Base Metal Bull Market Marches On / Commodities / Metals & Mining

By: Zeal_LLC

Though not the most exciting of the earth’s minerals, the bellwether base metal has wrangled up a following.  Since the beginning of copper’s powerful bull run, that took out all-time highs in 2005, this metal has made a place for itself on headline business-channel tickers and in everyday trader talk.

Friday, October 30, 2009

Gold and Euro Fibonacci Trading / Commodities / Gold & Silver 2009

By: INO

How Did a Dead Mathematician Nail Two Major Markets Yesterday?

The markets I am referring to are the gold market and euro markets. Readers of this blog will know from our previous videos and examples that we are big fans of Fibonacci retracement lines.

Friday, October 30, 2009

Gold Sets Monthly New Record High / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD neared month-end above $1040 an once on Friday in London, approaching a new monthly high almost 5% above Sept.'s average as Asian stock markets closed markedly higher and the US Dollar held flat on the currency markets.

US stock futures pointed lower after Thursday's better-than-expected GDP headlines helped Wall Street to its best one-day gain since July.

Friday, October 30, 2009

Paul Tudor Jones 3rd Quarter Investor Letter: Another Gold (GLD) Bug / Commodities / Gold & Silver 2009

By: Trader_Mark

Einhorn, Paulson... and now one of the legends of the hedge fund business Paul Tudor Jones... have all jumped on the gold bandwagon.  [May 16, 2009: John Paulson Continues to Pile Into Gold] [Mar 17, 2009: John Paulson Joins David Einhorn as Gold Bug with Stake in AngloGold Ashanti (AU)]  While perhaps a "crowded trade" watching all these great minds agree on this topic simply reinforces my thesis.... this rogue central bank will keep printing US dollars until the cows come home. (and once the cows are in the barn, they'll keep printing just to make sure).  And they are not the only one... it is a race to the bottom.  [Oct 13, 2009: UK Sterling Following US Dollar into Abyss]

Friday, October 30, 2009

Tudor Jones Joins Soros, Rogers, Einhorn and Paulson as Long Term Gold Bull / Commodities / Gold & Silver 2009

By: GoldCore

Gold is trading at $1.043/oz and traded in a $22 range over the last 24 hours, hitting a low of $1,026/oz yesterday morning.

Friday, October 30, 2009

Doug Casey on Leveraged Gold Stocks / Commodities / Gold & Silver Stocks

By: Casey_Research

L: Doug, we were talking about gold last week, so we should follow up with a look at gold stocks. If one of the reasons to own gold is that it’s real – it’s not paper, it’s not simultaneously someone else’s liability – why own gold stocks?

Doug: Leverage. Gold stocks are problematical as investments. That’s true of all resource stocks, especially stocks in exploration companies, as opposed to producers. If you want to make a proper investment, the way to do that is to follow the dictates of Graham and Dodd, or use the method Warren Buffett has proven to be so successful over many years. Unfortunately, resource stocks in general and metals exploration stocks in particular just don’t lend themselves to such methodologies. They are another class of security entirely.