Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, June 26, 2009
Gold Gains as Dollar Falls on s Greenspan Warning og a Decade of Inflation / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rose yet again on Friday for US-Dollar investors, hitting two-week highs above $947 per ounce as the world's No.1 reserve currency fell on the forex market.
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Friday, June 26, 2009
Gold Breaks Back Above $940 on Weak U.S. Dollar / Commodities / Gold & Silver 2009
Gold
Gold regained a lot of ground yesterday, breaking through $940. News from the Federal Reserve, that they are to keep interest rates at record lows put the dollar under pressure and it gave up some of its recent gains.
Friday, June 26, 2009
Russia Targets African Resources While U.S. is Busy with Wars / Commodities / Russia
Russia’s Dmitry Medvedev started his visit to Africa on June 24. Medvedev will travel to Nigeria, Namibia and Angola. Moscow is ready to help the African countries in the development of their natural resources – oil, gas and uranium - despite the economic crisis.Read full article... Read full article...
Friday, June 26, 2009
Digging for Opportunities in Rare Earths Resource Sector / Commodities / Resources Investing
Why all the buzz about rare earths elements (REEs)? In this exclusive Energy Report interview, industry expert Clint Cox, The Anchor House, tells how he separates the hype from reality, and what a challenging and complex market it is. It's estimated that 25% of new technologies such as hybrid cars use rare earths, and that demand is increasing. Clint talks about China's current market dominance and the potential for production in North America. In a companion article, Alternative Energy Becoming a Little Less Alternative , Victor Goncalves of The Green Money Report examines how the growth of hybrid vehicles on the road will affect the rare earth market.
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Thursday, June 25, 2009
Crude Oil Bears Lower the Tone / Commodities / Crude Oil
We have been bullish in Crude Oil for some time now, but recently started to look closer for evidence of a temporary pullback phase – particularly after the market had reached a certain Fibonacci projection level. This correction is probably now underway.
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Thursday, June 25, 2009
China Decision to Buy $80 Billion of Gold, the Dragon's Hoard / Commodities / Gold & Silver 2009
"We've got a situation where Geithner is smiling and has no choice but to stress the credibility and stability of the US financial and economic system, while the creditors [such as the Chinese] smile back and say they believe him, while at the same time giving hand signals to their reserve managers to get rid of these things [U.S. Treasuries]." - Neil Mellor, Bank of New York-Mellon
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Thursday, June 25, 2009
China Dumping Treasury Bonds for Gold as U.S. Debt Surges Higher / Commodities / Gold & Silver 2009
THE WHOLESALE PRICE of physical gold rose again early Thursday in London, reaching one-week highs for UK and Euro investors as local stock markets fell and crude oil bounced back above $69 per barrel.
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Thursday, June 25, 2009
China Concern at U.S. Printing Dollars on a Massive Scale / Commodities / Gold & Silver 2009
Gold - Gold is trading at $933.50 and remains subdued overall. Near term resistance and support are currently $944 and $913 respectively. Direction may be poised to come from EUR/USD moves and the EUR/USD is maintaining equilibrium despite a positive world economic outlook from the OECD. This positive news is paired against continuing geo-political risk and negative USD comments overnight from a senior Chinese official.
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Thursday, June 25, 2009
Commodity Bulls Snared by China Stimulus Snafu / Commodities / China
Some of China’s stockpiling may well have been due to speculative excess, rather than any rational plan on the ground. That realization played a role in the market carnage seen this week.
As Grant’s Interest Rate Observer has been known to say, “We wrote it. Did you read it?”
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Wednesday, June 24, 2009
Gold, Crude Oil and Gas Commodity Trading Made Simple / Commodities / Commodities Trading
In the past commodity trading was only available to trader with large accounts, high risk tolerance and a good understanding of how the futures market works. During the past 7 years with commodities making incredible moves and gaining attention from the media, several exchange traded funds (ETF’s) have been created allowing everyone to take advantage of the commodity market.
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Wednesday, June 24, 2009
What’s Up With Crude Oil / Commodities / Crude Oil
The price of oil has climbed despite the lack of demand and a glut of surplus crude. Benchmark crude closed near its highest level in eight months on Friday June 19, 2009 reaching $69.50 on the New York Mercantile Exchange. Gasoline has risen with the price of oil reaching a national average of $2.63 per gallon. Higher oil prices are another factor affecting the economy’s ability to recover. What is fueling this price increase and is it sustainable?
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Wednesday, June 24, 2009
Defeating the Cartel... With Profit, Part 2 / Commodities / Gold & Silver 2009
The Gold Report newsletter today interviewed Sprott Asset Management's chief investment strategist, John Embry…
"If you look at the short positions that the commercials, that is the bullion banks -- which are the agents of the U.S. government -- are running, it's a complete fraud," Embry says. "Because they couldn't possibly deliver on their paper promises if they were called by the people on the other side of the trade. The gold isn't there to deliver."
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Wednesday, June 24, 2009
Does Gold Rise or Fall During Deflation? / Commodities / Gold & Silver 2009
Legally defining the official dollar/gold price and backing it with convertibility is the only means by which...the markets can be assured that Volcker's successors would not be tempted to try another monetarist experiment." - Jude Wanniski, former Reagan advisor, April 1982
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Wednesday, June 24, 2009
How to Analyze Insider Selling in the Junior Mining Sector / Commodities / Gold & Silver Stocks
The junior mining sector has been performing much better in the last few months and we have seen many of the shares prices jump up substantially in price. Investors may be asking, ‘is it too late to buy or should we sell?’
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Wednesday, June 24, 2009
Gold and U.S. Dollar Trends Update / Commodities / Gold & Silver 2009
Gold - Below is a weekly line chart of Gold. Each data point is the closing price on Friday. There are two main supports. The first is at about $880 where the 40-week and 80-week moving averages reside. Should that area break then look for a bottom close to $800. There is a lot of support filling in towards $800. My thinking is that the market will trade in similar fashion (triangle) to what we saw in 2005 and 2007. The bottom chart on the picture is the width of the 40-week bollinger bands.
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Wednesday, June 24, 2009
Gold Doesn’t Care If It’s INflation or DEflation / Commodities / Gold & Silver 2009
Gold doesn’t care if it’s inflation or deflation.
One of the central arguments for financial commentators right now is whether the US is currently facing inflation or deflation. Everyone (at least everyone with a functioning cortex) is aware that the US (and the rest of the world for that matter) will face more difficult times ahead. However, whether it will be an environment of increased inflation or increased deflation is up for debate.
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Wednesday, June 24, 2009
Gold Jumps as ECB Front-Runs the Fed, Lends Near-Half Trillion Euros at 1.0% / Commodities / Gold & Silver 2009
THE PRICE O GOLD leapt overnight and early Wednesday, recovering all and more of this week's losses at $938 an ounce as world stock markets ticked higher but crude oil slipped for the second day running.
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Tuesday, June 23, 2009
Silver Could Outperform Gold by 2:1 / Commodities / Gold & Silver 2009
David Morgan, whose interest in silver dates to the tender age of 11, returns to The Gold Report today to discuss the latest buzz about his favorite subject. One of the world's leading authorities on silver as a commodity, an investment, a safe haven and an increasingly important manufacturing metal, he expects this year's stronger-than-anticipated late spring climb to lose momentum before the end of the month. Longer term, though, the founder of the respected monthly, The Morgan Report, sees silver appreciating at a faster pace than gold. And while he also likes the idea of monetizing silver—rather than gold, because silver is far more liquid—that's one wish he does not expect to see granted.
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Tuesday, June 23, 2009
U.S. Approves IMF Gold Sales; What Does It Mean? / Commodities / Gold & Silver 2009
Last week the U.S. House of Representatives passed a bill which included an expanded credit facility for the IMF and gave U.S. approval for the proposed IMF sale of 400 tons of gold.
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Tuesday, June 23, 2009
GOLD, A Case for the Bulls / Commodities / Gold & Silver 2009
The last year has seen some pretty dramatic falls in commodity prices but Gold actually managed to end 2008 as one of the best performing investments with a gain of about 5%. This was despite the fact that Gold normally rises inversely to the dollar and last year the dollar rose relentlessly, catching a lot of people off guard. This reinforced its reputation as a safe port when all around is chaos. This reputation has been garnered over 5,000 years, but during the boom stockmarket era of the 80s and 90s it lost a lot of its glitter as investors found better returns elsewhere.
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