Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, February 24, 2009
Gold Bull Market Being Driven by Low Interest Rates / Commodities / Gold & Silver 2009
Gold and silver remained resilient yesterday (gold slightly lower; silver slightly higher) despite the continual wave of mini tsunamis shaking the global economy. World stock markets continue to reel from the deterioration of the financial system which is spreading to the global economy and the DJIA fell to levels last seen in 1997 and the Nikkei fell to levels last seen 26 years ago in 1983.Read full article... Read full article...
Tuesday, February 24, 2009
Gold Premiums on Ebay Rise Again Despite Record Prices / Commodities / Gold & Silver 2009
Are you surprised? Once again one can not help but feel a certain unease about the latest and greatest in global economic news. What has once been unthinkable in terms of collapse first became a fringe perspective , then an analyst's opinion , and has now evolved into prime time entertainment . What a difference a year makes…Read full article... Read full article...
Monday, February 23, 2009
Gold Bull Market, More Strength on the Way / Commodities / Gold & Silver 2009
Gold shot up, reaching a nearly one year high today, and rapidly approaching its record high area.
The ongoing current A rise that started last November is the strongest in this bull market and the strongest since 1999. Since this is an abnormally strong 'A' rise in an abnormal world recession, if gold reaches a new record high above $1004, gold will most likely be embarking on the start of a great bull market rise.
Read full article... Read full article...
Monday, February 23, 2009
Investing in Gold Exploration Companies / Commodities / Gold & Silver Stocks
An abridged excerpt from “The Goldwatcher: Demystifying Gold Investing,” co-authored by Frank Holmes, CEO and chief investment officer at U.S. Global Investors . The book, published by John Wiley & Sons, is available from amazon.com and in bookstores.
Investors can improve their odds by learning how to assess the fundamentals of the gold exploration companies. A good tool for this job is what I call “The Five M's.”
Read full article... Read full article...
Monday, February 23, 2009
Gold Slips from $1,000 as Citigroup Nationalisation Rumors Stem Stock-Market Slump / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold slipped to $980 an ounce early Monday, dropping 2.5% from Friday's peak above $1,000 as world stock markets crept higher for the first time in 10 sessions.Read full article... Read full article...
Monday, February 23, 2009
Gold Homing in on Long-term Gold/Dow Ratio / Commodities / Gold & Silver 2009
Gold has given up some of last’s weeks very large gains and is down 0.6% after Asian and in early European trading. With gold up some 13% so far in 2009, some correction and consolidation may be necessary prior to overcoming resistance at $1,000/oz.Read full article... Read full article...
Monday, February 23, 2009
Gold Bearish Double Top Pattern? / Commodities / Gold & Silver 2009
The following is taken from our regular weekend update to subscribers. The main question for precious metals investors this week is whether gold is about to form a massive double top. If we pull up the gold chart we have shown on several occasions, we see gold is just about to meet the upper channel line we have suggested it will be bounded by. And guess what? It meets the old NYMEX high of March 17th this week coming. Can anyone say " double top "? The last time gold hit $1000 (March 16th) it peaked the next day and the rest was history.Read full article... Read full article...
Sunday, February 22, 2009
Precious Metals Stocks Lagging Performance About to End... / Commodities / Gold & Silver Stocks
Alot of subscribers have been perplexed by the relatively miserable, laggardly performance of Precious Metals stocks in recent days as gold and silver have soared, especially against various major world currencies. This is one thing which is easy to explain - they have been held in check by a massive wall of overhanging supply that dates back to the extensive trading around the current price for much of 2006 and 2007, which we have looked at earlier on the 4-year chart for the HUI index.Read full article... Read full article...
Sunday, February 22, 2009
Risks of Investing in GLD ETF / Commodities / Gold & Silver 2009
1) GLD does not allow redemptions of its gold bullionGLD failure to allow redemptions in gold is suspicious. In fact, only two gold ETFs worldwide allow redemptions in gold, and both of them are located in Switzerland: Gold ETF from Zurich Kantonalbank (ZKB) and Julius Baer (JBGOUA).
Read full article... Read full article...
Sunday, February 22, 2009
U.S. Dollar Reverses From Resistance Will Gold Follow Suit? / Commodities / Gold & Silver 2009
The US $ broke through resistance but quickly dropped. A false break-out?? In the mean time gold just keeps on trucking. A very little more upside and it will be in new all time high territory.Read full article... Read full article...
Saturday, February 21, 2009
Money Printing Means that Gold Will be the Last Man Standing / Commodities / Gold & Silver 2009
The Gold Report caught up with newsletter writer and commentator Lou Paquette, who launched the website Emerging Growth Stocks in 1995 to provide investors and speculators with a unique alternative to what he saw was a growing problem with corporate governance and conflict of interest on Wall Street. He believes that as people finally begin to realize that gold is the only asset we can count on any more, the bull market will "come out of its shell." He shares some of his favorite mining companies that are well-positioned to ride out these turbulent times.Read full article... Read full article...
Friday, February 20, 2009
Brazil's Ethanol Madness Exposed / Commodities / Ethanol
Robert Bryce writes: For years, the US has been inundated with claims that it should follow Brazil's lead on biofuels. These arguments have largely been made by a small, but influential group of neoconservatives who claim that the US should quit using oil altogether. They claim that using more ethanol – produced from sugar cane, or corn, or some other substance – will impoverish OPEC and America will once again be returned to prosperity.Read full article... Read full article...
Friday, February 20, 2009
Gold vs. Euros: 7-Year No-Brainer Finished? / Commodities / Gold & Silver 2009
"...No, it's not much of a punchline. But perhaps owning gold will at least raise a smile..."
FOR THE BEST PART of seven years, it was a real no-brainer: Buy Gold , sell the Dollar.
Read full article... Read full article...
Friday, February 20, 2009
Gold Breaks Above $1,000/oz on Global Safe Haven Demand / Commodities / Gold & Silver 2009
Gold has again risen above the important level of $1,000/oz due to increasing safe haven demand on the unprecedented and worsening global financial and economic conditions.Read full article... Read full article...
Friday, February 20, 2009
Gold Stocks Surge / Commodities / Gold & Silver Stocks
Earlier this week, the US stock markets (S&P 500) fell 4.6% to their lowest close since November 20th's panic low. It was a very unpleasant day as latent fears of bungled government meddling flared up again. But one sector, the gold stocks, was able to buck this very weak tape. That very day the HUI gold-stock index rallied 2.6%.Read full article... Read full article...
Friday, February 20, 2009
Protect Your Wealth from Collapsing Monetary Systems / Commodities / Fiat Currency
“How To Preserve Wealth During Crises... And Why Central Banks Are Bad For Your Financial Health”
Last week we talked about the grave dangers of a Depression and recent media discussion as to whether or not we're about to enter one (or already are). That of course raises the question: if worst comes to worst, how did investors survive the last one?
Read full article... Read full article...
Friday, February 20, 2009
Gold Jumps as Stocks Slump / Commodities / Gold & Silver 2009
THE PRICE OF SPOT GOLD jumped Friday morning in London, touching $996.50 per ounce and nearing its ninth weekly gain in 3 months as world stock markets slumped yet again.Recording the highest London Gold Fix since 19th March '08 – the day after gold hit all-time highs at $1,032 on the collapse of Bear Stearns – gold surged $15 an ounce in two hours.
Read full article... Read full article...
Friday, February 20, 2009
Gold Busting Back Above $1000 as Stocks Resume 2009 Crash / Commodities / Gold & Silver 2009
Gold has rallied strongly again this morning and is up 1.5% at $990/oz after consolidating around the $975/oz mark yesterday. Stock markets are under severe pressure again this morning after yesterday’s 7 year low close for the Dow Jones.
There is a risk here of a panic sell off in stock markets and the next leg down in the stock bear market looks imminent as the ills of the global financial system virulently infect the global economy. While gold has become overbought in the short term, its medium and long term fundamentals are as sound as ever.
Read full article... Read full article...
Friday, February 20, 2009
The Silver Slam / Commodities / Gold & Silver 2009
Last week I mentioned that CIBC slammed the silver market and gave my opinion of where their analysis missed the mark. Tonight as I pen this missive in haste due to packing and flying requirements early tomorrow, it seemed the best to give a short introduction on the Silver Slam.Read full article... Read full article...
Friday, February 20, 2009
Dow/Gold Ratio 40year Cycle and the Secular Depreciation of Fiat Currencies / Commodities / Gold & Silver 2009
With gold prices only 7% away from their record highs and the main equity indices 45-50% below their highs, an analysis of the equity/gold ratio is amid the many rationalizations for prolonged gains in the precious metal. The equity/gold ratio highlights a commonly used measure of corporate market value versus a decades-long measure of real asset value. Gold is known as a measure of real assets value because of its ability to preserve value during inflationary times. But during these disinflationary times, the current global growth/demand landscape also supports the notion of too many dollars chasing too few gold ounces.Read full article... Read full article...