Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, March 21, 2009
Barry Allan: Which Way Will You Make Your Play in Gold? / Commodities / Gold & Silver 2009
Consistently ranked as one of the top-10 gold and precious metals mining analysts in Canada, Capital Research's Senior Vice President and Director Barry Allan offers a well-rounded perspective on the mining sector that combines geological fieldwork, equity research and finance. Now, after more than 16 years in the industry, he remains bullish on both gold and silver. In this exclusive interview with The Gold Report, Barry discusses his criteria for evaluating major and junior miners, explains how value price moves in gold are more driven by investors than jewelry demand and offers some risk-based guidelines for investors looking to preserve and build wealth in gold.Read full article... Read full article...
Saturday, March 21, 2009
Russian Oil Giants Absent from World’s 10 Biggest Oil Companies / Commodities / Oil Companies
Energy Intelligence Group published the list of world's 50 largest oil companies. The companies of such little-known countries as Kazakhstan and Uzbekistan were included in the top 50 for the first time ever. Russian oil giants were not listed in the top ten.Read full article... Read full article...
Friday, March 20, 2009
Gauging the Turn in Dollar, Gold & Crude Oil / Commodities / Financial Markets 2009
The FOMC announcement of March 18, December 16 and September 16 each produced an interventionist surprise at the expense of the dollar. But unlike in the announcements of Sep 16 (AIG bailout) and Dec 16 (Fed's surprising zero interest rate announcement), Wednesday's announcement to buy long term treasuries and expand the purchase of MBS and Agency securities may continue to extend the dollar's retreat, beyond just a few days.Read full article... Read full article...
Friday, March 20, 2009
Silver: Why Is There a Coin Shortage? / Commodities / Gold & Silver 2009
While recently attending the Orlando Money Show and as one of the few who were advocating real money, if you know what I mean, the topic of the silver and gold shortage was discussed, as you'll see in the attached video link. Before viewing it, keep in mind a few points:Read full article... Read full article...
Friday, March 20, 2009
Impressive Relative Strength for Commodity Index DBC ETF / Commodities / CRB Index
The PowerShares DB Commodity Index ETF (AMEX: DBC) is exhibiting impressive relative strength this morning after two powerful up-days. Let’s notice so far this morning that the price range fits inside of yesterday’s high at 21.03, which if hurdled should trigger upside acceleration to 21.40/60 next. If such a move unfolds, the DBC will be on its way to a 20% upmove so far this month of March – in the aftermath of its 60+% decline since July 2009. My intermediate-term work points to a target zone of 24.80-25.30 prior to the conclusion of this leg of a multi-month recovery period.Read full article... Read full article...
Friday, March 20, 2009
Gold New Upleg as Lunatic Fed Creates $1 Trillion Dollars Out of Thin Air / Commodities / Gold & Silver 2009
After gold's breathtaking $38 surge in 15 minutes Wednesday, there is much renewed interest in the Ancient Metal of Kings. The Federal Reserve, which is clearly being run by lunatics, publicly announced it is going to create over a trillion dollars out of thin air to monetize US debt. This degree of pure monetary inflation is utterly unprecedented.Read full article... Read full article...
Friday, March 20, 2009
Frightened Investors Drive Gold to Four Week High / Commodities / Gold & Silver 2009
THE SPOT PRICE OF GOLD fell hard in early London trade Friday, losing almost 2% from new one-month highs hit overnight at $966 an ounce.The Spot Gold Price held near its best weekly finish vs. the US Dollar since Feb. 20, however.
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Friday, March 20, 2009
Gold Soars by 8% as Fed Shocks Market Announcement of U.S. Dollar Debasement / Commodities / Gold & Silver 2009
Gold surged 8% yesterday (as is the norm the far smaller market that is silver surged by even more and was up by 13.3%) as the shock Federal Reserve announcement led to concerns regarding the dollar and of the inflationary implications of massive money printing and debasement of the currency.Read full article... Read full article...
Friday, March 20, 2009
How to Profit From the Gold Price Inflation / Commodities / Gold & Silver 2009
Martin Hutchinson writes: I have written a number of times in the last few months that gold and mining shares look attractive. While the metal had a big run-up in price during the three-month stretch that ended in late February, the yellow metal has subsequently dropped back a bit, as have the prices of the leading mining shares. If anything, however, the reasons for gold bullishness have intensified.Read full article... Read full article...
Thursday, March 19, 2009
Central Banks are Buying Gold for their Reserves Now! / Commodities / Gold & Silver 2009
It is clear now that central banks are buying gold for their reserves. Here is a brief history leading to today and the present position of central banks as they turn to buying gold.Read full article... Read full article...
Thursday, March 19, 2009
Gold to Soar as the U.S. Dollar and then Treasury Bonds Collapse / Commodities / Gold & Silver 2009
You may have heard the old saying that "the Market is the news", and it is true. You don't have to look for explanations regarding yesterday's response by the markets to the Fed's announcement that it will buy $300 billion of Treasuries, you only have to look at the reaction of the markets. The dollar index tanked by nearly 3% - it's biggest drop for over 2 decades. That alone tells you all that you need to know.Read full article... Read full article...
Thursday, March 19, 2009
What Gold GLD Needs to Hurdle Over / Commodities / Gold & Silver 2009
My near-term work indicates that if the SPDR Gold Shares (NYSE: GLD) can hurdle and sustain above 94.40/50, we should expect upside continuation to 97.00 before a meaningful correction occurs. Conversely, inability to hurdle and sustain 94.40/50 will argue for a pullback that retests yesterday's upside breakout plateau at 92.50/00. Only a break of 91.80 will begin to compromise the still very bullish near-term technical set-up.Read full article... Read full article...
Thursday, March 19, 2009
Investing in Junior Precious Metal Mining Stocks Using Warrants / Commodities / Gold & Silver Stocks
While warrants have been in the news recently many investors still do not have a clue as to what they are or why they should at least consider including some long-term warrants on companies that they like in their investment portfolio's. It has been over 2 years since we have visited this title and content of this article so we sense it to be very timely.Read full article... Read full article...
Thursday, March 19, 2009
Fed Destroys the U.S. Dollar, Gold and Euro Soar / Commodities / Gold & Silver 2009
THE WHOLESALE SPOT PRICE of gold continued to rise for US-Dollar investors early Thursday, hitting $951 an ounce in London as the greenback fell versus all asset classes.Read full article... Read full article...
Thursday, March 19, 2009
Gold Volatile Trading on Federal Reserve's Move to Monetize U.S. Debt / Commodities / Gold & Silver 2009
Gold fell in US trading hours yesterday for no apparent reason but on the Fed announcement gold surged by nearly 7% in afterhours access trade. Gold leapt from its session low of $884.10/oz to a high of $946.20/oz, a jump of nearly 7 per cent and silver also surged some 7%. Gold subsequently gave up some of those gains but remains firm over $934/oz.Read full article... Read full article...
Thursday, March 19, 2009
Gold About to Burst Out of Its Recent Trading Range / Commodities / Gold & Silver 2009
Sean Brodrick writes: My friend Kevin just regaled me with a story about his trip to the mall — a guy was there handing out plastic bags for people to use to turn in their gold for cash. “Holy cow!” Kevin said. “It was like a mobile pawn shop.”
Kevin resisted the urge to run home, find his gold and sell it to the plastic-bagger at the mall. You see, Kevin is a smart cookie and knows a thing or two about gold. He's a buyer, not a seller, of gold coins.
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Thursday, March 19, 2009
Gold Gives Strong Buy Signal / Commodities / Gold & Silver 2009
What a crazy day! The Fed's announced plans to buy long-term Treasury bonds and increase its purchases of mortgage backed securities today sending everything higher except the US dollar which plummeted nearly 3% Wednesday.
Gold sold down into previous support levels during the morning only to snap back making a 7% price swing on the day. Gold closed up 3.4% on the session with an enormous engulfing bullish candle. The strong close sets the stage for a steady to higher open Thursday morning.
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Wednesday, March 18, 2009
Dying Fiat Currencies- Gold, Gossip and Russia's Tu-160 Bombers / Commodities / Gold & Silver 2009
"Germany in 1944 could buy materials during the war only with gold. Fiat money in extremis is accepted by nobody..." - Sir Alan of Greenspan, May 1999
FOR A WORLD-LEADING CLEARER turning over $60 billion per day, London's wholesale gold market sure spooks easy sometimes.
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Wednesday, March 18, 2009
Investing 2009: Brace for Spring Meltdown, Unpredictable Summer and Ferocious Fall / Commodities / Gold & Silver 2009
Last October, while the shock waves of the largest bankruptcy filing in U.S. history still reverberated around the world, Trader Tracks Editor Roger Wiegand shared some thoughts with The Gold Report. In what has turned out to be an eerie understatement, he told us, “The American public herd is moving beyond being just nervous. Now they are getting scared. There is real fear in the air with inflation, massive job cuts and a drumbeat of bad news.” Not quite six months later—when many of his peers say the worst is behind us after all, the Dow regained 11% in roughly three days last week—Roger is among those waiting for the other proverbial shoe(s) to drop.Read full article... Read full article...
Wednesday, March 18, 2009
Gold and Gold Stocks Behaviour During Deflation and Inflation / Commodities / Gold & Silver 2009
I've heard more than a few pundits question an investment in gold or gold stocks in the current environment. They point to deflation and the lack of inflation in the foreseeable future as reasons why precious metals should be avoided. Sounds intelligent on the surface but it reveals to this analyst, a lack of any thought and analysis.Read full article... Read full article...