Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, April 06, 2009
The Most Powerful Indicator for Trading the Energy Sector / Commodities / Energy Resources
The energy sector has been moving sideways since October if, you look at the XLE energy ETF below. Although the energy sector dipped lower in March the bullish percent index is showing some signs of strength. A lot of stocks continued to drift lower in March due to the lack of buyers and not because of heavy selling. This pulled the sector lower until buyers stepped in and pushed things higher again.Read full article... Read full article...
Sunday, April 05, 2009
The Gold Stocks Sector and The Most Powerful Indicator / Commodities / Credit Crisis 2009
The Gold sector has been performing relatively well over the past month. The price of gold has broken trend line support but is still holding horizontal support and forming a bull flag. Gold stocks and the broad market have been performing well and that has boosted the price of gold stock. Gold bullion has been under pressure, because money is being pulled out of physical gold and put to work in equities, which provides much more potential than gold at current levels.Read full article... Read full article...
Sunday, April 05, 2009
Gold Short-term Bearish Signals / Commodities / Gold & Silver 2009
It wasn't such a good week for gold and it looks like the coming week may not be that great either. My short term moving average of the price of gold has just moved below my intermediate term moving average price. This is very often a warning that a short period of negative prices is upon us. But why would gold want to go lower?Read full article... Read full article...
Friday, April 03, 2009
Has the G-20 Saved the Financial World? Gold Bull Market Over? / Commodities / Gold & Silver 2009
The G-20 has authorized $1 Trillion in Funding for the I.M.F. The Trade package and the beefing up of the I.M.F. were achieved how? Through the synthetic currency of the I.M.F. the S.D.R. . [the Special Depository Receipts] and additional U.S.$ to boost the body internationally. This new money is being freshly printed. Yes, they are ‘created'. Just as “Quantitative Easing” relies on newly issued dollars, so does the international funding the G-20 has issued. The difference is that this policy is an international issue of money so will not be seen in any national context.Read full article... Read full article...
Friday, April 03, 2009
Instability & Depletion Add Uncertainty to Energy Sector / Commodities / Energy Resources
Energy use correlates closely with economic growth. Last month the World Bank forecast the global economy will likely shrink for the first time since World War II. International trade will decline by the most in 80 years according to the report, a stark trend in an economy that has been ‘globalized' over the last several decades.
Both the IMF and World Bank forecast developing nations will bear the brunt of the economic contraction as they face huge shortfalls to pay for imports and to service debts. “This crisis is the first truly universal one in the history of humanity,” a former IMF Managing Director.
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Friday, April 03, 2009
Good Reason for Optimism in Industrial Metals Investing / Commodities / Metals & Mining
Leonard Melman, prodigious writer (The Melman Report) and leading authority in the metals and mining arenas, sees opportunity for some "really good moves" and "fabulous returns" on the horizon, citing vibrant charts on random juniors whose values have multiplied during the last six months. Also noting the possibility of some "good price pops" in the metals themselves, Leonard considers the price of the base metals as a real key to the future of the economy. On the other hand, he shares some serious concerns about the economy in this exclusive interview with The Gold Report. For example, he is alert to several "ominous red flags" that warn of the potential for devastating hyperinflation and worries that the Humpty Dumpty of savaged financial assets may be beyond repair.Read full article... Read full article...
Friday, April 03, 2009
Commodity Market Forecasts for Copper, Gold and Oil / Commodities / CRB Index
Nobel Laureate Neils Bohr once quipped, “ Prediction is very difficult, especially if it's about the future.” In a world filled with different predictions from dozens of news outlets and hundreds of commentators, Bohr has been proven pretty much spot on in his assessment of predictions.
That's not to say predictions are useless. They are not useless. Predictions (or most of them, at least) are based on a fundamental picture including many variables. In the financial world, they often incorporate economic growth, unemployment, supply and demand, governmental policy changes and a host of other factors.
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Friday, April 03, 2009
Elite Junior Gold Mining Stocks at Insanely Low levels / Commodities / Gold & Silver Stocks
Junior gold stocks are a contingent of the greater junior resources circuit that has simply been obliterated in the recent stock panic . Even though gold has been strong over this stretch, the risk capital that usually finds its way into these gold explorers had all but left the scene.Read full article... Read full article...
Friday, April 03, 2009
Gold and Silver- To buy or not to buy – That is the question / Commodities / Gold & Silver 2009
Historically, and based on 35 years of data, gold usually puts in a bottom in March and a top in April. We've had the bottom in March (on March 18 th ), and we await a top in April.
This top in April usually lasts for several months, resulting in sideways action with a downward bias and another buying opportunity in June or July.
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Friday, April 03, 2009
Gold Bouncing Around $900 on Further Bad U.S. Jobs Data / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL GOLD slipped in a tight range near yesterday's two-week lows early Friday, bouncing around $900 an ounce for US investors as the 3-day jump in world stock markets faded.New data showed the US shedding jobs at a faster pace in March. A revision to Jan.'s figure pushing total job losses so far in 2009 above two million.
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Friday, April 03, 2009
Silver Market Forecast for 2009 and 2010 / Commodities / Gold & Silver 2009
silberinfo: David, 2008 had a great beginning with silver over $21 but it ended poorly. From a fundamental point of view not much has changed. Why the high volatility?
D. Morgan : From my perspective the market was overbought in March 2008 and in fact I sent a sell signal to all Morgan Report subscribers telling them to take some money off the table. Many did. I did not put out a buy signal until September 2008 but was too early and watched the market go down further. The last buy signal was around the 10th of December 2008, after the metals market had made a clear bottom. We have already taken partial profits on that.
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Friday, April 03, 2009
Bob Prechter on Silver & Gold / Commodities / Gold & Silver 2009
In case you hadn't noticed: Over the past year of financial turmoil, the "safe haven" premium of precious metals has offered about as much support as a rubber ducky in a tsunami. Despite a string of powerful rallies, silver and gold remain well below their March 2008 peaks.Read full article... Read full article...
Thursday, April 02, 2009
G20 on IMF Gold Sales and SDRs / Commodities / Gold & Silver 2009
"...Additional resources from agreed sales of IMF gold will be used, together with surplus income..."
APRIL FOOL'S CAME a day late to the gold market this week.
Thursday, April 02, 2009
Gold Falls as G20 Fight Deflation by Any Means / Commodities / Gold & Silver 2009
THE PRICE OF physical gold fell against all major currencies early Thursday, dropping 2% versus the Dollar as global stock markets jumped and Treasury bonds were sold lower.Crude oil bounced hard, back above $50 per barrel, as base metals and foodstuffs crept higher.
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Thursday, April 02, 2009
Gold Extra Scrap Supply Countered by Middle East Demand / Commodities / Gold & Silver 2009
Gold rose slightly yesterday as the dollar fell out the outset of the G20 Summit in London. In trading in London, gold is down some 1% this morning as risk appetite returns to markets with stocks surging internationally.Read full article... Read full article...
Wednesday, April 01, 2009
When Gold Ruled the Earth, Part I / Commodities / Gold & Silver 2009
"Gold's investment performance has dominated this decade. How come so few people have noticed...?"
NO FOOLING! It doesn't matter which currency you earn, spend or invest, gold bullion has been the best-performing asset class bar none this decade.
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Wednesday, April 01, 2009
Commodities Base-building into May / Commodities / CRB Index
KEY POINTS:• The CRB continues to build a solid foundation for the next advance
• Gold expected to remain near $900 in April as US$ holds above support; $1,200 target
• Oil slowly follows gold’s lead upward; first target is $60
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Wednesday, April 01, 2009
Gold Sentiment and Trend Analysis / Commodities / Gold & Silver 2009
In recent writings I have forecasted a consolidation or small correction in Gold. It rebounded $300/oz while most markets sputtered. Yet, at $1,000/oz Gold was overbought and meeting technical resistance while stock indices and commodities were in the process of bottoming. As predicted, the Fed's monetization and “reflation” trade has thus far failed to lift Gold past $1,000/oz. Money is moving into other markets at a time when Gold is relatively extended, but extremely extended in relation to these other markets. Various sentiment data provide us with greater confirmation that the ancient metal of kings is in a period of consolidation.Read full article... Read full article...
Wednesday, April 01, 2009
Gold Up as G20 Battle-Line Drawn Between Franco-Germany & Anglo-America / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold rose in London trade early Wednesday, while Asian stock markets caught up with Tuesday's US gains but European shares slipped back.Government debt – set to swell $3 trillion worldwide in 2009 on the back of stimulus spending – held flat, keeping the yield offered by 10-year US Treasury bonds below 2.70% per annum.
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Wednesday, April 01, 2009
G20 Summit Dominates Markets / Commodities / Gold & Silver 2009
Gold rose 0.8% yesterday (silver -0.4%), as the dollar came under pressure ahead of the G20 gathering in London.
It was the last day of the first quarter which saw gold rise 4.3% which is a second straight quarterly gain. In the quarter, gold was up some 10% in euro terms and some 6% in pound terms.
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