Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, May 13, 2010
Gold New High, It’s All Better Now / Commodities / Gold and Silver 2010
By: Neil_Charnock
Gold reached US$1248.20 which was a new record high in USD. Silver has also followed gold up, this rally looks like the real thing. I have to stand corrected here as I was off the mark a little in some recent statements. I forecast US$1180 as an interim top and it only reached $1170 before pulling back to the $1140 level. I had also thought we would have pulled back for longer and that this rally would be a false break out. So much for short term forecasting it is extremely difficult. This short term forecast turned out wrong thanks to one trillion more reasons potentially circulating in Europe.
Thursday, May 13, 2010
Gold Trend Forecast 2010 Updated and Related Market Ratios / Commodities / Gold and Silver 2010
By: David_Petch
The daily chart of the Canadian dollar index is shown below, with the lower 55 MA Bollinger band falling beneath the lower 55 MA Bollinger band, suggestive that a bottom of some degree has been put in place. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K beneath the %D in all three instances. Given the sharp decline in the Canadian dollar the past few weeks, expect another 1-2 weeks of basing before any move up commences.
Thursday, May 13, 2010
Gold at $1500/oz Forecast by Gold Analysts on Sovereign Debt and Currency Concerns / Commodities / Gold and Silver 2010
By: GoldCore
Gold has consolidated near record highs in Europe today as concerns about eurozone debt default and sovereign debt contagion remain. Gold rose to $1,246/oz early in the afternoon in New York yesterday before closing with a gain of 1.92%. It then rose to a new all time nominal high of $1,248.20/oz after New York closed. It has range traded from $1,233/oz to $1,239/oz in Asian and early European trading this morning. Gold is currently trading at $1,234/oz and in euro and GBP terms, at €982/oz and £837/oz respectively. Read full article... Read full article...
Thursday, May 13, 2010
Gold and The Coming Financial Tsunami - Redux / Commodities / Gold and Silver 2010
By: Gordon_Gekko
In light of what’s happening right now (and the fact that I never posted it on ZH before), I thought it relevant to post this article that I wrote in the February of 2009 as a primer for friends and family to help them become aware of what was happening (and prepare for what I saw coming). Remember – this was written for people who were very much enmeshed in the MSM propaganda world and had no clue of the reality behind our economic, financial and monetary system. The idea was to gently introduce them to the truth and give a brief overview, so you won’t find me going into the full technical and gory details; plus I wanted to keep the length manageable so as to not put them to sleep.
Thursday, May 13, 2010
Why E.U. Greece Bailout Triggered Investors Rush to Buy Gold / Commodities / Gold and Silver 2010
By: Money_Morning
Peter Krauth writes: With so much uncertainty in the U.S. stock market - not to mention the debt-contagion concerns emanating from Greece and other European Union (EU) countries - it's more important than ever for investors to hold "hard assets," such as gold and other commodities.
Thursday, May 13, 2010
Has Gold Become The Worlds New Reserve Currency? / Commodities / Gold and Silver 2010
By: Pravda
For decades, the U.S. dollar has been the reserve currency of the world. This has given the United States an extraordinary amount of economic power, but as the U.S. economy has started to come apart over the past decade, other nations have increasingly sought to move away from the U.S. dollar and find other alternatives. For a long time it was thought that the Euro would become the next great reserve currency of the world.
Wednesday, May 12, 2010
Gold Rising Whether Dollar Rises or Falls? / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
During the previous weeks much has been said about the declining Euro and what effect it may have on the price of gold - we argued that declining Euro doesn't mean that gold has to decline. We don't want to get into details once again in this essay, but instead we would like to remind you about several facts that we feel have been forgotten during the past several weeks.
Wednesday, May 12, 2010
Gold and Silver Outperform / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
My pattern work shows that gold and silver are in powerful uptrends, while crude oil and copper could be in the latter stages of completing a multi-month top. Indicative of a problem, perhaps due to China market weakness, for the industrial commodities? For whatever reasons, these commodities are no longer part of a homogenous group, and instead either are attracting or repelling capital inflows based on their own perceived fundamentals.
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Wednesday, May 12, 2010
EuroZone Selling Gold to Save the Euro / Commodities / Gold and Silver 2010
By: Adrian_Ash
Is the Eurozone one final U-turn away from a 20-fold rise in gold prices...?
HAPPY SELLERS a decade ago when gold hit rock-bottom, might the Eurozone states now sell gold at all-time highs to help settle government debt today?
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Wednesday, May 12, 2010
Europe Bailout The Worst $1 Trillion Ever Spent, Sends Gold to New Highs / Commodities / Gold and Silver 2010
By: DailyWealth
Dr. Steve Sjuggerud writes:
Just under $1 trillion...
That's what the European Union promised in an emergency rescue package to stabilize the euro currency and Europe's financial woes.
Wednesday, May 12, 2010
Gold and Silver The Only Game in Town 2010-2011 / Commodities / Gold and Silver 2010
By: Jordan_Roy_Byrne
There are numerous reasons both fundamental and technical as to why the precious metals complex will surge over the next 18 months. The sector’s surge will be reinforced by the lack of an obvious trend in most other markets. Gold, Silver and the mining stocks will surge while other markets languish.
Wednesday, May 12, 2010
Gold's New Record Highs Tell of Inflation Threat from Sovereign Debt Crisis / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF PHYSICAL GOLD in London's wholesale market jumped to new all-time highs against all-but-three of the world's major currencies on Wednesday morning, breaking US$1245 an ounce by lunchtime.
German and US government bonds slipped as world stock markets rallied together with crude oil and base metals.
Wednesday, May 12, 2010
Gold Bullish Breakout to New Highs, Miners Exhibiting Massive Accumulation / Commodities / Gold and Silver 2010
By: Toby_Connor
Gold’s break out to new highs has very bullish connotations going forward. It puts the odds squarely in favor of a C-wave continuation.
Wednesday, May 12, 2010
Gold New Record High; Silver Surges 4% and Breaks Above Long Term Resistance / Commodities / Gold and Silver 2010
By: GoldCore
Gold has rallied to a new record high ($1,244.80/oz) on continuing concerns about sovereign debt contagion and the risk posed to the single currency. Gold rose to $1,224/oz early in New York yesterday, it then fell off slightly before closing with a new record closing high and a gain of 1.61%. It has range traded from $1,228/oz to $1,234/oz in Asian and early European trading this morning prior to rising to new record highs in dollars, Swiss francs, pounds and euros. Gold is currently trading at $1,231/oz and in euro and GBP terms, at €968/oz and £820/oz respectively. Read full article... Read full article...
Wednesday, May 12, 2010
Can Corn Commodity Prices Make a Comeback? / Commodities / Agricultural Commodities
By: Money_Morning
Jason Simpkins writes: Corn prices have slumped some 24% since January and more than 50% since hitting a record high $7.65 a bushel in June 2008. Now they are being further threatened by potentially the largest corn harvest in history.
Still, there's reason to believe that corn prices will rebound.
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Wednesday, May 12, 2010
Who Did the I.M.F. Sell 24.4 Tonnes of Gold To? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
The impact of the I.M.F. sales of gold on the gold price itself will not be given here, but is given in the Gold Forecaster newsletter, issued weekly.
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Wednesday, May 12, 2010
3 Steps to Geographically Diversifying Your Gold Stocks / Commodities / Gold & Silver Stocks
By: Jeff_Clark
By Jeff Clark, Senior Editor, Casey’s Gold & Resource Report and author of this new FREE Special Report: ‘When Is the Right Time to Buy Gold?’
Jerry’s broker wrinkled his nose in disapproval.
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Wednesday, May 12, 2010
Gold, Silver and Stocks Pricing Trend Indicates Change in Investor Sentiment / Commodities / Gold and Silver 2010
By: Dr_Jeff_Lewis
Anyone paying attention to the stock markets and the precious metals markets will tell you that the correlation that we've grown accustomed to has flip-flopped. Previously, precious metals and the stock markets traded in unison; a 2% up day for the stock markets meant 2% up in gold and silver. A drop in the stock markets meant a drop in the metals markets. However, this is no longer true, as precious metals have broken free!
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Tuesday, May 11, 2010
Agri-Food Food Trends, Volcano Atmospheric Ash and China 21st Century Demand Miracle / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Our gloom was lifted this past weekend with news that the Icelandic volcano was still pumping away. Got to admire the way it keeps trying, just like the little engine. Ash is now in the skies from near Greenland to Spain, across North Africa, and as far east as Turkey.
Per Associated Press as reported by ksdk.com, 9 May,“The bulk of the cloud, measuring 2,100 miles long and 1,400 miles wide (3,400 kilometers by 2,200 kilometers), stretched over the North Atlantic, according to the Irish Aviation Authority.”
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Tuesday, May 11, 2010
Gold Hits New USD High as Europe's "Bail-Out Bounce" Fails / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD hit a new record high against the US Dollar at Tuesday's PM Fix in London, surging more than 3% from yesterday's low as world stock markets fell once again with commodities.
The Euro dropped 4¢ from yesterday's "bail-out bounce", giving back most of Monday's gain to trade below $1.27.