Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, May 28, 2009
Crude Oil and AMEX Oil Index Analysis and Forecast Trends / Commodities / Crude Oil
By: David_Petch
The daily chart of oil is shown below, with upper Bollinger bands riding the index, while the lower 21 MA BB is just starting to rise after a shallow decline. Based upon positioning of the lower 21 MA BB, there could be another 1-2 weeks of topping in the price of oil before a short-term top is put in place. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K above the %D in all three instances. Stochastics 1 and 2 appear to be topping out in an oversold state, with the potential to grind sideways for another 2-3 weeks. I should note though that a sudden reversal in the USD once it bottoms will end the run up in oil…not in yet but expect it to happen within the next month.
Thursday, May 28, 2009
Gold and HUI Gold Stocks Hit Resistance, Risk of Pullback / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
Gold stocks have been performing well but I cannot help but notice that the gold sector has reached a major resistance levels on the monthly chart. As much as I would like gold stocks to continue higher we must be ready for a pullback.
Thursday, May 28, 2009
COMEX Gold Price Manipulation Stress Near Breaking Point / Commodities / Gold & Silver 2009
By: Jim_Willie_CB
Major dislocations are coming. Tremendous disruptions are coming. Price discontinuities are coming. Price chart patterns might be rendered useless soon. Last week, the case for a grand Paradigm Shift was made, covering many elements in order to paint a mosaic. Taken in isolation, any one point is important in its own right, but not enough to convince of a structural change. Taken in entirety, the many points create a full picture that is more easily recognized. The ruinous events of the Wall Street banks last September and October surely served as an extreme event loaded with profound disruption.
Wednesday, May 27, 2009
Gold Is... All things to All Men / Commodities / Gold & Silver 2009
By: Adrian_Ash
"I am made all things to all men, that I might by all means save some..." - 1 Corinthians, 9:22
FOR AN INERT LUMP, sitting there at No.79 in the periodic table, gold sure is a busy metal these days.
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Wednesday, May 27, 2009
Gold and Silver Buying Opportunity of a Lifetime! / Commodities / Gold & Silver 2009
By: EWI
Beware: Gold is setting itself up for "the buy of a lifetime." Only the resource we're about to share with you will help you prepare for it.
Do you invest in precious metals? Should you?
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Wednesday, May 27, 2009
Silver SLV ETF Poised to Accelerate Higher / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
Some of our subscribers have asked why we prefer the iShares Silver Trust ETF (NYSE: SLV) rather than the SPDR Gold Shares (NYSE: GLD). For the most part, the SLV exhibits an intermediate-term pattern that I perceive to be much more combustible than the GLD, largely because of the scarcity of overhead significant resistance until prices reach the vicinity of 16.00 (whereas the GLD has serious resistance between 95 and 98). In addition, if in fact the global stimulus money has worked its way into the hands of consumers and manufacturers, then the industrial uses of silver worldwide should create increasing demand for the metal, which compliments its somewhat precious metal status.
Wednesday, May 27, 2009
Is the Dark Cloud Over Solar Energy Investing Beginning to Break? / Commodities / Renewable Energy
By: Money_Morning
By Jason Simpkins writes:
By sucking the air out of energy prices and sapping private investment, the financial crisis submarined solar energy last fall. But a silver lining has emerged around the dark cloud that has blanketed the sector for so long.
Wednesday, May 27, 2009
What Moves Up 3 Times Faster Than Gold? / Commodities / Gold & Silver 2009
By: Q1_Publishing
The dollar is out. The U.S. dollar index has fallen 5% last week. Treasury bonds are quickly falling out of favor. The yield on 10-year Treasury bonds has climbed from 2.5% to almost 3.5% since March signaling inflation fears and an unwillingness to fund ballooning government borrowing.
Wednesday, May 27, 2009
Gold Lesson of 4,500 Years of Irresponsible Government / Commodities / Gold & Silver 2009
By: LewRockwell
Richard Daughty writes: I always get a real kick out of hearing that “the consumer is 70 percent of the economy,” mostly because it gives me a chance to heap ridicule and scorn on whoever said it, and I say that the consumer is 100 percent of the economy!
Wednesday, May 27, 2009
Gold Slips as Stock Markets Add to Wall Street Strength / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD ticked lower in Asia on Wednesday, holding below $950 an ounce in early London trade as world stock markets added to Wall Street's strong overnight close.
"Gold [on Tuesday] had all the makings of a beautiful technical reversal," writes Russell Browne at London market-maker Scotia Mocatta, "but the late bounce keeps the risk to the topside."
Wednesday, May 27, 2009
Beware of Gold Exchange Trade Funds (ETFs) / Commodities / Exchange Traded Funds
By: Mark_OByrne
Gold Bullion Unique as No Counter Party RiskGold is unique among asset classes as it is the only asset class not dependent on the performance of auditors, management, corporations, financial institutions, banks, politicians and governments. Nor should physical gold be dependent on the performance of trustees, custodians and or sub custodians.
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Wednesday, May 27, 2009
Russia Expands Role in U.S. Energy Sector with Uranium Deal / Commodities / Uranium
By: Money_Morning
Jason Simpkins writes: Russia (Tuesday) will begin selling enriched uranium directly to U.S. utilities, a development that will give the fuel supplier an expanded role in the U.S. energy sector for decades to come.
Tuesday, May 26, 2009
Keep an Eye on Metals Mining Exploration Plays in the James Bay Area / Commodities / Metals & Mining
By: The_Gold_Report
Eric Lemieux, metals and mining analyst with Laurentian Bank Securities, focuses on the emerging mineral wealth of the James Bay area of Quebec and discusses his favorite explorers in this exclusive interview with The Gold Report. Despite producers being more in favor, he believes the James Bay area with its exploration plays and favorable geological, geographic, and social fundamentals retains its advantages.
Tuesday, May 26, 2009
Gold Hit by Options Volatility as U.S. Dollar Bounces / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF PHYSICAL GOLD fell hard early in London on Tuesday, returning from the long holiday weekend to drop 1.7% as the US Dollar and Japanese Yen rose sharply on the currency markets.
Global stock markets fell while government bonds rose.
Monday, May 25, 2009
Overbought Gold Signals Pause in Bull Market Trend / Commodities / Gold & Silver 2009
By: Ned_W_Schmidt
That the U.S. dollar has serious problems should, by now, be obvious to even economists working for the Obama Regime. We probably cannot say the same for those at the Federal Reserve, for they do not seem to consider such matters important. To those economists such matters are exogenous factors, and not worthy of inclusion in the discussion. Until the dollar’s fatal flaws manifest themselves as headlines, neither group will act to stop the Obama Dollar Devaluation. As Gold Bugs have learned, though, alternatives to holding the dollar do exist. China and Brazil also recognize this, having now decided to explore the means of eliminating the dollar from their business dealings. The question of if the dollar “disappears” is being replaced with the question of when it “disappears.”
Sunday, May 24, 2009
Igniting Gold and Silver Stock GDX, SLV ETFs / Commodities / Gold & Silver Stocks
By: Mike_Paulenoff
The Market Vectors Gold Miners ETF (NYSE: GDX) hit my initial upside trading
target zone of 42.50 in the aftermath of its upside breakout from 39.00/55
mid-week. The GDX has confirmed its breakout from a multi-month base
pattern, which has optimal (non-specific timeframe) projections into the
53.00-55.00 target zone. From a near-term perspective, the next target is
45.00. If one of the patented downside swoons occurs, the GDX should hold
support at 40.00-39.50 ahead of the next significant upside pivot reversal.
Sunday, May 24, 2009
Junior Exploration Companies Prospective Project Generator / Commodities / Gold & Silver Stocks
By: Richard_Mills
As a general rule, the most successful man in life is the man who has the best information
Junior exploration companies raise money to acquire and explore a property while praying/hoping the first drill hole, or maybe the next one, is the big discovery everyone’s looking for. Without internally generated positive cash flow our juniors are money-eating machines constantly having to go to the market to raise capital through equity offerings. But for an investor the resulting share dilution to acquire and explore property after property, continually looking for that discovery, means your return on any such eventual find is diluted down with each financing.
Sunday, May 24, 2009
Gold Bullish Trend Boosted by Sharp Drop in the U.S. Dollar / Commodities / Gold & Silver 2009
By: Merv_Burak
The week started out on a sour note but ended up okay. Gold seems now to be more comfortable on the up side. The sharp drop in the U.S. dollar isn’t hurting any.
Saturday, May 23, 2009
The Biggest Reason to Get Excited About Investing in Agriculture / Commodities / Agricultural Commodities
By: DailyWealth
Chris Mayer writes: There is some mind-bending stuff percolating in the agricultural markets. In fact, the setting recalls the one that set off the big move in oil prices in recent years... Read full article... Read full article...
Saturday, May 23, 2009
Investors Where to Find Cover When Black Swans Swarm / Commodities / Gold & Silver 2009
By: The_Gold_Report
By nature, Black Swans are rare and typically solitary. Defined two years ago by Nassim Nicholas Taleb in The Black Swan: The Impact of the Highly Improbable, Black Swans personify events that share three features: they come as a surprise, they have major impact, and they are later rationalized by hindsight as if they had been predictable. They aren’t necessarily bad and seldom appear in flocks, but as 321gold.com founder Bob Moriarty sees it, those darkening the horizon these days serve as harbingers of escalating chaos in financial markets. This particular breed isn’t exactly unpredictable—the automobile industry giants’ troubles are clear enough, for example—but it’s especially dangerous. What’s an investor to do? In this environment, Bob urges an ultra-conservative approach, and as in past interviews, he advises investing in tangibles (“preferably producing resource stocks”) after serious due diligence.