Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, June 30, 2009
Gold Struggles to Stay Above $940 / Commodities / Gold & Silver 2009
Gold: Tomorrow heralds the beginning of a new quarter and given the amount of woeful economic news that has appeared lately, it would seem that the fabled “green shoots” have been given a dose of weed-killer. Gold is determinedly staying above $940 on the back of the above news and with the dollar crumbling, record highs cannot be far away. Gold is currently $941/£566/€666.Read full article... Read full article...
Tuesday, June 30, 2009
Deflation Hits Gold Despite Central Bank Money Printing / Commodities / Gold & Silver 2009
THE PRICE OF GOLD eased back from a 3-session high of $945 an ounce early in London on Tuesday, dropping back as European stock markets dipped and government bond prices ticked lower worldwide.
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Tuesday, June 30, 2009
The Real Crisis is Beginning to Unfold… and It’s Not Financial Part2 / Commodities / Food Crisis
In my earlier article, I outlined the economic backdrop that will push agriculture and food prices higher in the not so distant future. If you missed that essay, you can review it here.
To rehash, we’ve added roughly three billion people to the earth’s population since the ‘60s. We accommodated this growth by using fertilizers, irrigation, and other systems that have deleterious effects on land overtime. As a consequence, worldwide arable land per person has essentially halved from 0.42 hectares per person in 1961 to 0.23 hectares per person in 2002.
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Monday, June 29, 2009
Government Regulations to Force Agricultural Food Prices Higher / Commodities / Agricultural Commodities
The American Clean Energy and Security Act of 2009 (ACES), a 1,300 page yet to be written law based on clearly and widely acknowledged junk science, has been passed by the U.S. House of Representatives. Few sessions of the U.S. Congress have been able to pass two major pieces of extremely bad and damaging legislation in such a short time. However, even in a law as bad as this one we should be able to find some ways for investors to profit.
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Monday, June 29, 2009
Crude Oil and Natural Gas Trading / Commodities / Crude Oil
It’s a tough time to be an investor.
Earlier this week, Warren Buffett repeated his warning “the economy would be in shambles.”
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Monday, June 29, 2009
Upside Projected for Gold Miners GDX ETF / Commodities / Gold & Silver Stocks
All of the hourly action off of Friday’s recovery high at 40.60 into this morning’s low at 38.85 in the Market Vectors Gold Miners ETF (NYSE: GDX) has the right look of the completion of a minor correction within a larger upside recovery period that projects to 41.00 and possibly 43.25 thereafter. At this juncture, only a decline that breaks 38.00 will begin to compromise my current outlook.
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Monday, June 29, 2009
This Summer May Prove Hot for Gold Prices Despite the Weak Seasonal Tendencies / Commodities / Gold & Silver 2009
I am often asked at this time whether it is a good idea to be in the precious metals market during the summer period known as the Summer Doldrums, in which demand for gold dries up temporarily while farmers in India plant crops and wait for the Monsoon rains. When they harvest in the early September, demand for gold picks up again as they are anxious to convert their profits into gold. After looking at the seasonal effects on gold one might think it prudent to wait through the summer in hopes of entering the market at lower prices.
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Monday, June 29, 2009
Gold Continues to Track the U.S. Dollar / Commodities / Gold & Silver 2009
THE SPOT PRICE of gold bullion rose 0.7% from an early dip to $936 an ounce in London on Monday, lagging a 1.0% rally in European equity markets.
Crude oil recovered to just below $70 per barrel, despite a cut in global oil-demand forecasts at the International Energy Agency.
Monday, June 29, 2009
Gold Continues to be Supported as Green Shoots Evaporate / Commodities / Gold & Silver 2009
Gold
Gold was trading in the mid $930s in Tokyo overnight but buying in Europe this morning took it over the $940 level. With increasing concerns regarding the sustainability of the fabled "green shoots" and whether the recent recovery in equity markets can be sustained, gold will continue to be well supported. Especially as the relative merits of the individual major currencies (EUR, USD, JPY and GBP) look increasingly like an ugly sister competition. Gold is currently trading at $942.2/£570/€671.
Monday, June 29, 2009
Energy Fields in Gold and How to Trade Them / Commodities / Gold & Silver 2009
In today's video, I will be looking at the gold market. I'm going to analyze the gold market in a way that I've never divulged before.
I will be talking about energy fields in the gold market and how you can put them to your advantage to make money. The video is short in duration, only four minutes, but I'll give you specific levels to look at should certain events take place. I suspect that these events will occur and for the lucky few who are prepared the rewards will be great.
Monday, June 29, 2009
GLD, SLV, USO & UNG ETF Commodity Trading Update / Commodities / Commodities Trading
Last week commodities moved higher as investors started buying into the recent pullback in prices. This is a healthy sign for the overall market. This is a quick update for gold, silver, oil and natural gas short term traders.
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Saturday, June 27, 2009
Gold Retains Bullish Rating Despite Weeks Lackluster Performance / Commodities / Gold & Silver 2009
Gold tried to rally during the week but the overall action was not too impressive. I guess the world is just not ready yet to collapse into ruin. Individuals, well that’s a different story.
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Saturday, June 27, 2009
Haynesville Shale Creates Opportunities in the Energy Sector / Commodities / Crude Oil
Last month investment advisor Marc Faber in a Bloomberg interview noted that “natural gas is the most undervalued commodity in the world right now.” He also said he was a believer in ‘peak oil’ to the extent we have developed most of the cheap and easily recoverable high quality reserves globally, but that the world would move onto other sources of energy as economics dictates. Faber sees energy prices rising over time and also much higher inflation in the U.S. — which will be good for commodities and for small cap stocks.
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Saturday, June 27, 2009
Why Higher Gold Prices Will Come / Commodities / Gold & Silver 2009
On the global stage of currency devaluation and debasement, the reasons for owning gold seem obvious. But have you ever stopped to consider the derivative market? According to Charles Oliver and Jamie Horvat, both senior portfolio managers at Sprott Asset Management, "The impact of the derivatives has yet to express itself." In this exclusive interview with The Gold Report, Charles and Jamie explain how gold will react in the New Financial (dis)Order. Both foresee $2,000 gold in the next three years and, ultimately, "significant" hyperinflation on a global scale over the next decade.
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Friday, June 26, 2009
Time to be Buying Gold and Gold Shares? / Commodities / Gold & Silver 2009
As we thought it would, gold has fallen back to the low $900's and begun rising again. Should we be buying? If only life was so simple and we could say to you buy at this price and sell at that price. If we did you can be sure the price would not quite reach the height nor reach the low price. It would almost reach there or overshoot leaving you wrong footed, as most people are. So what do we do?
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Friday, June 26, 2009
Euro Upmove May Lift Silver Higher / Commodities / Gold & Silver 2009
The euro is bid up this morning versus the dollar in reaction to renewed calls by China’s Central Bank for the creation of a “super-sovereign reserve currency.” This international “movement” by key leaders or institutions in China, Russia and the Mid-East to supplant the U.S. Dollar does not appear to be going away, and in fact might be picking up momentum. In any case, if the euro can hurdle near-term resistance at 1.4140/80, let’s expect Silver – and the iShares Silver Trust (NYSE: SLV) – as well as gold to react positively.
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Friday, June 26, 2009
Gold and Silver GLD, SLV ETF Demand Stickiness / Commodities / Gold & Silver 2009
Despite gold and silver consolidating in June, investment demand for these precious metals remains robust. This is evidenced by continuing growth in the bullion holdings of the leading precious-metals exchange-traded funds. Both GLD’s and SLV’s physical metals held in trust for investors have edged up to new all-time record highs this month!
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Friday, June 26, 2009
How to Profit from the Big Gold Squeeze / Commodities / Gold & Silver 2009
Sean Brodrick writes: Man, we are seeing some wild times in the metals markets recently — big swings up and down, as gold and silver move opposite the U.S. dollar. It’s almost as if international investors are having trouble finding the value of the dollar. To me, it’s just laying the groundwork for a coming gold boom … and potential dollar doom.
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Friday, June 26, 2009
Ventana Gold Bandwagon Getting Crowded / Commodities / Gold & Silver Stocks
Nary a week passes without some new analyst report recommending Ventana Gold (TSX:VEN) as a ‘Buy” at prices exponentially higher than the last week. This week was no exception, as yesterday saw Canaccord Adams analyst Nicholas Campbell come out with a $7.50 price target for the company, citing Ross Beaty’s Lumina Capital’s ownership of 11.3% of the company.
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Friday, June 26, 2009
Silver Market Update / Commodities / Gold & Silver 2009
The following is an excerpt from the June issue of The Morgan Report. Although I recently wrote about the silver as money issue, many precious metals investors are rather under informed about some aspects of the silver market. Our readers have been kept up to date about the thrust for getting Mexico and other Latin countries to use silver along with their paper currencies.
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