Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, August 11, 2009
GOLD Analysis and Trading Strategy for August 2009 / Commodities / Gold & Silver 2009
It’s really getting interesting in the goldmarket. The big question is: “Will Gold break through the US$1000 level and advanced to new alltime highs or will it once again fail while trying ? To be honest: I am still quite sceptic at the moment. I expect another sell off, before Gold can run to new highs, but let’s have look at the charts first.
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Tuesday, August 11, 2009
Commodities ETF Trading Update for Gold, Natural Gas and Stocks / Commodities / Commodities Trading
Commodities took a breather last week, while stocks slowly continued their march higher. This week (Monday) commodities moved lower with profit taking and fears of a much larger precious metals and broad market sell off being anticipated in the near future. While it sure looks like we are ready for a pullback in entire market we just may not get one for some time. We could get higher prices for 2-6 weeks still.
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Monday, August 10, 2009
Food Crisis and This Years Indian Rice Crop Failure Impacts on Agri-Food Investments / Commodities / Agricultural Commodities
Sometime people do learn from history, though the number that intentionally do so are few. Perhaps one of the largest groups of people that seem to lack the ability to learn from history is composed of economists. The facts that they choose to intentionally ignore are near mind boggling. Two asset bubbles, technology and housing, were claimed to be non existent, until they collapsed. Now, that same group of myopic number crunchers believes that economic growth in Western economies is about to reignite. Is some skepticism appropriate?
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Monday, August 10, 2009
Ride the Gold Juggernaut / Commodities / Gold & Silver 2009
Sean Brodrock writes: The U.S. dollar is in a world of hurt, and that means the golden juggernaut — the long-term rise of gold — is gathering steam.
What do I mean by a world of hurt? I mean the U.S. dollar tumbled below crucial support. Oh sure, it could bounce higher for a bit — nothing travels in a straight line — but the easiest path for the greenback is lower.
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Monday, August 10, 2009
Gold Falls as Low Summer Demand Faces Record Scrap Supply / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell 1.1% to a 7-session low Monday lunchtime in London, dropping to $945 an ounce as European stock markets slipped back from Friday's new 10-month highs.
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Monday, August 10, 2009
Gold Vulnerable to Short-term Correction / Commodities / Gold & Silver 2009
As the dollar regained some of its recent losses, gold has fallen off slightly and is currently trading at $953/oz. Although it may be vulnerable to a correction in the short term, this will merely serve as an excellent buying opportunity. When even the most gold phobic investment managers are predicting new highs in gold, recent analysis stating that gold will have a very bullish end to 2009, should not go unheeded.
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Monday, August 10, 2009
Elliott Wave Theory Suggests Bearish Outlook for Silver / Commodities / Gold & Silver 2009
Silver was decimated in last year’s market rout falling by over 80% in just seven months. Part of the reason is that it is not just bought for investment or jewellery purposes but is an industrial metal as well. Most people think of its industrial use in photography, but in fact it has myriad uses in the medical field because of its antibacterial qualities and more recently in creating superfibres for the clothing industry.
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Monday, August 10, 2009
Growing Inflation In Commodity Prices? / Commodities / Commodities Trading
So many economists and government officials are claiming inflation is dead. These are probably the same people that did not see the Great Recession coming. The fact is everyone has an opinion, however everyone is only entitled to the facts. The facts that are evident are multi fold.
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Sunday, August 09, 2009
Silver Relative Strength Signaling Precious Metals Warning / Commodities / Gold & Silver 2009
In the last update it was pointed out that silver looked stronger than gold, and it has since outperformed gold significantly, which in itself is a warning that the uptrend in the broad stockmarket is mature. However, the larger trend for silver must be classified as neutral at this time.
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Sunday, August 09, 2009
Gold Promising Technical's May Give Way to Downside Shakeout / Commodities / Gold & Silver 2009
Gold's technical's have been looking very promising in the recent past, but there have been two worrying developments over the past couple of weeks which suggest that we may be about to see a vicious shakeout rather than the breakout to new highs that so many are anticipating. One of these developments has been the very high number of advisors calling for an upside breakout on public website's, as many of you will be aware, and the other is the trend of COT data, with the latest figures being at levels that have in the past almost always signaled a reversal to the downside.
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Sunday, August 09, 2009
Gold Declined as U.S. Dollar Rallied, What's Next? / Commodities / Gold & Silver 2009
The evil nemesis in the 1964 James Bond movie is international bullion dealer Auric Goldfinger who is stockpiling vast quantities of gold. Bond investigates at the request of The Bank of England and soon uncovers a dastardly plan by Goldfinger and Chinese agents to bring economic chaos to the West by irradiating the U.S. gold supply at Fort Knox with an atomic device, rendering it useless for 58 years. This would greatly increase the value of Goldfinger’s own gold supply and give the Chinese increased power following economic chaos in the West. Bond dodges steel-rimmed killer hats, overcomes Goldfinger’s sexy pilot and saves the day.
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Sunday, August 09, 2009
Gold Versus Stocks, the Trade of the Decade / Commodities / Gold & Silver 2009
Stocks have been a terrible investment over the past decade and they are about to get worse. Gold has been one of the best if not the best investment over the past decade and is about to get better. When you examine investments via relative merits, Gold has trounced general equities. Gold has also trounced paper cash, regardless of the fiat currency held, as well as real estate and commodities over the past decade.
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Sunday, August 09, 2009
Gold Closed Flat on the Week, Where Next? / Commodities / Gold & Silver 2009
A little bit up, a little bit down but in the end getting nowhere during the week. Gold finished the week just about where it started although silver had a much better time being up 5.0% on the week. So, where are we now?
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Sunday, August 09, 2009
Taking Profits on Gold / Commodities / Gold & Silver 2009
Trade Actions:
Sell both GOLD positions symbol GLD at the Market
Sell the OIL position symbol USO at the Market
Saturday, August 08, 2009
Will Central Banks Start Consficating Gold? / Commodities / Gold & Silver 2009
As part of a series we first look at this question: "If the U.S. decides to confiscate gold in the future, what impact might that have on Gold Shares and the COMEX Gold Futures prices?"
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Saturday, August 08, 2009
Helping Investors Navigate Metals and Mining Rocky Road to Riches / Commodities / Metals & Mining
You don't hear a lot about "peak gold," but the fact is that great gold deposits are harder and more costly to find these days. Then getting the few finds into production takes more time and money than ever before. So why bother? Because the occasional success story makes it all worthwhile for the intelligent investor. "It's those few that really keep all of us in this game and keep all the money coming in," renowned exploration analyst and geologist Brent Cook tells The Gold Report readers. Brent, who produces the weekly Exploration Insights newsletter, also offers a few tips for intelligent investing in metals and mining that don't require expertise in mineralogy to put into practice.
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Friday, August 07, 2009
PowerShares DB DoubleShort Oil DTO ETN Expected to Climb / Commodities / Crude Oil
My near-term work indicates that the decline in the PowerShares DB DoubleShort Oil ETN (NYSE: DTO) from its July high (low for crude oil) is at completion, which if accurate will mean that DTO prices climb towards those July highs. Provided that today’s new corrective low at 71.01 contains any further intraday weakness, my first upside target is a climb to test the recent rally peak at 77.47.
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Friday, August 07, 2009
Agricultural Commodities Trading, Retreat in Wheat Does Not Look Complete / Commodities / Agricultural Commodities
The long term Wheat chart has twice tried to overcome its 23.6% recovery level and failed. Notable weakness in June put bulls firmly on the sidelines, and there remains good potential for further shorter term losses.
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Friday, August 07, 2009
SPX Stock Index Driving Gold Price Trend / Commodities / Gold & Silver 2009
Among gold investors, the major drivers of the gold price are well-known. From mine production and central-bank sales to jewelry and investment demand, gold’s fundamentals have been and will continue to be extensively studied. But over the past year, a curious and sometimes dominating new gold driver has emerged.
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Friday, August 07, 2009
Media’s Confusion with Commodity Futures Trading / Commodities / Commodities Trading
There was an interesting article yesterday in the Wall Street Journal. The article spoke about Bluetrend a trend follower & commodity trading advisor who last year earned 43.4%. The article discussing the struggles that Blue trend is currently going through this year ( down 5.5%). The truth is, in commodity futures trading returns like last year are above the norm.
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