
Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, October 05, 2009
Gold Stocks HUI Index Forecast Uptrend Into December / Commodities / Gold & Silver Stocks
By: David_Petch
The daily chart of the HUI is shown below, with the lower 21 MA Bollinger band near the index, suggestive that further downside in the HUI. Upper 34 and 55 MA Bollinger bands are still going sideways, suggestive that a top was put in place. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K beneath the %D in 2 and 3. Based upon extrapolation of the %K in stochastics 1 and 2, expect another 2-3 weeks of downside at a minimum before a bottom is put in place. The anticipated level of support is at 340-345.
Monday, October 05, 2009
Betting on Commodities, Especially Crude Oil / Commodities / Crude Oil
By: James_Quinn
In 2008, prices of oil, natural gas, gold, silver, copper, corn, wheat, and most other commodities reached multi-year, and in some cases multi-decade, highs. They’ve fallen sharply since then, but commodities aren’t going out of business. Another peak is coming, and it will be far higher, especially for oil.
Monday, October 05, 2009
Gold Continues to Rally on Rising on Risk Appetite / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE WHOLESALE PRICE OF PHYSICAL GOLD held tight around London's AM Gold Fix of $1004.25 an ounce early Monday, starting the week 1.4% higher from last Monday as world stock markets opened the week 4% down.
Government bond prices rose, pushing the yield offered by 10-year UK gilts down to 3.43%, their lowest level since late April.
Monday, October 05, 2009
Gold Surges Through $1,000 as Poor US Jobs Report Leads to Renewed Risk Aversion / Commodities / Gold & Silver 2009
By: GoldCore
Gold surged back through $1,000/oz on Friday, as the dollar weakened based on poor US non-farm payroll data. It is holding above that level and a continued hold above $1,000/oz should signal that gold has strong fundamentals despite its recent behaviour being influenced by short term dollar fluctuations.
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Monday, October 05, 2009
Can Gold and Silver Equities Expect +5,000% Returns Again? / Commodities / Gold & Silver Stocks
By: Lorimer_Wilson
With what has happened in the world of late and what will be unfolding in the next 5 years or so those few investors who fully understand the impact the current economic situation is going to have on future inflation, the USD, interest rates, the stock market, physical gold and silver and gold and silver stocks and warrants in particular are going to be in the unique position of being the benefactors of currently unimaginable returns and wealth. All they need do, as I like to say, is “Just prepare and prosper!”
Sunday, October 04, 2009
Gold and Silver Quick Consolidation or Serious Breakdown? / Commodities / Gold & Silver 2009
By: Przemyslaw_Radomski
In my previous essay, I commented i.a. on the situation in the U.S. Dollar. I wrote the following:
There are several factors that make me think that we may move a little higher - above 77 but not higher than the 78 level. The declining trend line (thick blue line) provides a solid resistance right now, and it has not been reached yet. Moreover, the breakdown below December 2009 low has not been verified yet, and a brief move higher from here would verify it.
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Sunday, October 04, 2009
Gold Needs to Hold Important Support / Commodities / Gold & Silver 2009
By: Douglas_V._Gnazzo
Gold - Gold had a good week, gaining $12.10 (+1.22%) to close at $1003.00 for a weekly gain of +1.22%. So far this year gold is up 13.7%.
The daily chart below shows GLD testing its recent breakout above the June high, as marked by the dotted horizontal support line. Gold has already tested this level previously and bounced higher.
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Sunday, October 04, 2009
Gold Long-term Rating Remains Bullish / Commodities / Gold & Silver 2009
By: Merv_Burak
So, the 2016 SUMMER Olympics will be held in WINTER. Do I have that right? On the other hand I guess it’s summer all year round in Rio. Nothing helped the precious metals market this week. Maybe we’ll see more movement this coming week.
Sunday, October 04, 2009
Gold Price Forecast October 2009 Update / Commodities / Gold & Silver 2009
By: Bill_Downey
There was financial life before the 2008 meltdown……….and there is going to be life after the 2008 meltdown. It is the most significant event in modern day financial history as far as the total effect and financial drawdown that it has unleashed. It’s a shock wave and repercussion that stems from the August 1971 removal of the United States Dollar from the gold standard by Richard M Nixon. If you have time I urge you to watch the broadcast from that evening. You can Google it. It’s worth the listen, especially listening to Nixon telling the American people that this is being done for their sake and their well being. Telling us that it’s to make the nation competitive again (sic). To teach the dollar speculators a lesson proclaimed Nixon. Watching it now, I couldn’t help but ponder how naïve we must all have been to swallow that dialogue.
Sunday, October 04, 2009
Russian Technology is Useless in Developing Worlds Largest Natural Gas Field / Commodities / Natural Gas
By: Pravda
Russia does not possess several technologies required for the development of the Shtokman field – one of the world’s largest natural gas fields – in the Barents Sea. A number of works, including the building of deep-water pipeline, will most likely be conducted by foreign contractors, RIA Novosti news agency said with reference to Dmitry Dmitriyenko, the governor of the Murmansk region.
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Saturday, October 03, 2009
How to Skew the Odds in Your Favor in the Investment Game / Commodities / Gold & Silver Stocks
By: The_Gold_Report
Well-known and highly regarded throughout the mining and exploration community, Mercenary Geologist Mickey Fulp knows stocks as well as rocks. When he's not poring over financial reports, drill results and commodity trends, he's out in the field checking properties of some of the companies he follows—whether the treks take him just below the U.S.-Mexican border, over to Haiti or all the way to Armenia. In this exclusive Gold Report interview, Mickey shares his thoughts about some of his favorites in the sector and reminds investors, "Do your own due diligence, dude."
Saturday, October 03, 2009
Why All the Fuss Over Rare Earth Metals? / Commodities / Metals & Mining
By: Doug_Horning
Doug Hornig Senior Editor of Casey’s International Speculator writes: Rare earth elements (REEs) have been the mystery metals of the mining world for years. Now, suddenly, everyone’s heard about them.
Friday, October 02, 2009
What Do Gold Price Fundamentals Say about the Future of Money? / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
The gold price is now holding just below $1,000 and consolidating. Why is it at a high point having fought to get there over the last 18 months or so? Since it first broke through the 30 year high of $850 it has held its ground. It has steadily built a base over $850 and is moving if it has not already moved to a clear Point of Resolution, where it will show itself as either having had its day or is at the beginning of a new day. Which way will it go? As many believe that it move the opposite way to the $, it is telling us that the $ is also at a Point of Resolution.
Friday, October 02, 2009
New Upleg for Gold? / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
Gold -- and the SPDR Gold Shares (NYSE: GLD) -- has rocketed off of its lows, largely in reaction to the weaker dollar that emerged in the aftermath of the disappointing Jobs data -- and because Mr. Market senses that the Gov't may well have to pump additional substantial liquidity into the "economy" to avert another deflationary downward spiral...which is perceived to be bullish "eventually" for gold.
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Friday, October 02, 2009
Base Metals Stocks Bull Market / Commodities / Metals & Mining
By: Zeal_LLC
The base metals markets have been some of the most exciting to trade in this commodities bull. From trough to peak, copper, zinc, nickel, lead, and aluminum have seen staggering gains of 575%, 537%, 1124%, 888%, and 163%! Naturally, gains of this magnitude have made the mining of these metals an incredibly lucrative business.
Friday, October 02, 2009
Gold Drops with Stocks Hits Worst US Jobs Data in 26 Years / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE OF PHYSICAL GOLD fell hard in London on Friday, slipping to a three-day low of $989 per ounce after the United States reported its worst unemployment rate since June 1983.
Global stock markets had already sunk for the fourth session running, before the US Dollar rose further – adding to last night's two-week high – on news of 263,000 job losses in September.
Friday, October 02, 2009
Gold's Record Monthly Close Is Significant from a Technical Perspective / Commodities / Gold & Silver 2009
By: GoldCore
Gold is down slightly this morning but still continuing to knock on the door and consolidating near the psychological $1,000/oz mark. The gold market will probably be relatively quiet until the release of US non- farm payroll data this afternoon. Depending on the figures, which are expected to be quite poor, an aversion to risk should further bolster gold's appeal.
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Friday, October 02, 2009
Silver as Money? Give Me a Break! / Commodities / Gold & Silver 2009
By: David_Morgan
Tom Jeffries of HoweStreet.com Interviews David Morgan of Silver-Investor.com.
Tom Jeffries: David Morgan is editor and publisher of The Morgan Report. Full disclosure: it is my favorite publication. David is one of the leading experts on silver in the world. The Web site is silver-investor.com. You get all the details about The Morgan Report.
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Thursday, October 01, 2009
Natural Gas UNG ETF Positive Price-Momentum Divergences, Seasonal Probabilities and a Potential ParaSar Buy Setup / Commodities / Natural Gas
By: Mark_Brown
Anyone who’s been following and/or trading the Natural Gas market for the past two years is well aware of the frightening moves that this volatile energy commodity is capable of, both up and down. And did it ever fall down, with UNG shedding a mind-shattering 86% of its peak value between July 2008 and early September 2009. Right now, however, UNG does appear to be making a strong recovery attempt, and several pieces of technical and fundamental data may prove useful to those seeking to determine the most probable direction for UNG to move in the next few months.
Thursday, October 01, 2009
Gold is a Bargain At $1,000 / Commodities / Gold & Silver 2009
By: Michael_J_Kosares
Despite a four-digit price tag, gold remains a relative bargain when a little perspective is applied.