Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, June 07, 2011
Agricultural Commodities JJG Grains ETN Bullish Flag Pattern / Commodities / Agricultural Commodities
For three weeks now, the iPath DJ-UBS Grains TR Sub-Idx ETN (JJG) has been "coiling" atop its most recent upleg off of the May 12 pivot low at 49.77 to the May 19 high at 55.71. My work considers the coil a bull-flag type of pattern that should resolve itself to the upside and which will trigger upside continuation of the larger bullish coil pattern that has formed since the Feb 9 high at 58.25.
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Monday, June 06, 2011
Biofuels About to Take Off - Just Not Yet / Commodities / Renewable Energy
Investors looking for the next big thing after a hydrocarbon economy have a panoply of options, from solar to wind, as well as biofuels.
In terms of quickly ramping up production biofuels clearly win the race, but navigating the PR fluff and reality is not a simple thing.
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Monday, June 06, 2011
Three Questions About Global Natural Resources / Commodities / Resources Investing
Frank Holmes and the co-managers of the U.S. Global Investors Global Resources Fund (PSPFX), Evan Smith and Brian Hicks, participated in a special webcast for the Peak Advisor Alliance last week. Here are some candid portions of the Q&A:
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Monday, June 06, 2011
Why China’s Rare Earth Exports Really Matter / Commodities / Metals & Mining
For several months, I have alerted readers to the potential supply crisis of critical rare earths (REMX), which are used in our most vital defense technologies (ITA) and high tech industries (QQQQ). The recent volatility in the equity markets have caused many investors to flee rare earth mining stocks in search of safe havens in gold (GLD) and long term treasuries (TLT). This trend should be transitory in nature. We may see a strong rebound in many of these rare earth stocks once the uncertainty regarding the ending of QE2 winds down.
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Monday, June 06, 2011
Gold Price Jumps on U.S. Economic Weakness / Commodities / Gold and Silver 2011
U.S. DOLLAR gold prices hit $1548 per ounce in Asian trading Monday – a near-one-month high, and a 1.8% gain on last week's low – before slipping back when London opened, while stock and commodity markets continued to drop after Friday's disappointing US jobs data.
Silver prices hovered in a 1% range around $36.74 per ounce.
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Sunday, June 05, 2011
LNG Export: A U.S. Natural Gas Game Changer? / Commodities / Natural Gas
Unlike crude oil, which is traded globally via tankers and pipelines, natural gas trading remain primarily isolated within the producing regions and lacks the infrastructure to be a true global commodity.
In the past few years, increased LNG (liquefied natural gas) trade is gradually transforming the global natural gas market. However, bustling U.S. shale gas production and weak demand due to recession have created a significant supply glut as the U.S., depsite nine LNG import terminals, has near zero LNG export capacity.
Sunday, June 05, 2011
Crude Oil and Gold Trading Insights / Commodities / Crude Oil
Oil is again a leading asset for possible rapid price growth.
The reasons are however rather strange and sinister: Wall Street is demanding higher prices, very especially by Goldman Sachs Group Inc which says the price should (it says "could") reach $ 130 a barrel quite soon. When Goldman Sachs talks this way only two things can happen: first the asset it fingered as certain or likely to rise will collapse in price, wrong-footing bets on what would happen. Or the asset really does behave like Goldman Sachs said it should (or "could").
Saturday, June 04, 2011
Agri-Food Commodity Cycle Stocks Investing / Commodities / Agricultural Commodities
What is the most dangerous word in the investment world? Using this word is almost assuredly first step toward owning an investment with issues that ultimately lead to unhappiness. That word? Quite simply is, "But..." That word can actually take two forms, explicit and implicit.
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Saturday, June 04, 2011
Buy Gold Stocks in May and Make Some Hay! / Commodities / Gold and Silver 2011
Many resource market investors greet the approach of summer with the adage: "Sell in May and go away." Michael Ballanger, an investment advisor at Union Securities and a 30-year veteran of the junior resource market, says he is taking the opposite tack. In this exclusive interview with The Gold Report, he explains how the continuing worldwide financial upheaval is influencing his investment decisions regarding the resource sector and why his focus on the huge opportunities for junior resource stocks in the Yukon cause him to say: "Buy in May and make some hay!"
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Saturday, June 04, 2011
Pricing Gold in Deflation / Commodities / Gold and Silver 2011
Storing value, rather than trying to grow it, is taking the lead once again...
GOLD GOES UP when cash and bonds fail to beat inflation. True in the Seventies, and true again in the last decade.
Friday, June 03, 2011
The Silver Commodity Quiz for 2011, Can You Pass? / Commodities / Gold and Silver 2011
Jeff Clark, BIG GOLD writes: CPM Group recently released their 2011 Silver Yearbook, one of the industry's most comprehensive sources of information on the silver market. Though mostly a reference book, I uncovered some interesting facts that paint a decidedly bullish picture for the metal going forward.
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Friday, June 03, 2011
Rare Earth Metal Stocks / Commodities / Metals & Mining
Nearly a year has passed since Molycorp hit the stock markets with its IPO. And considering this stock’s popularity today, it’s astounding that this IPO had flown under the radar for most investors. Last July MCP shares debuted below the pre-IPO targeted price range, and traded on the low side of that range for weeks before it finally caught a bid. MCP didn’t quite have the fanfare as say LinkedIn or other IPOs over the last year.
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Friday, June 03, 2011
Gold as Collateral Major Step for Gold Market / Commodities / Gold and Silver 2011
If gold were generally accepted as collateral in global monetary dealings, would we see it used as such? Strangely enough -No! In certain transactions, however, where no other collateral -whether currencies, government bonds and the like--is used, gold may be used, as a last resort. There has been a very long history of gold being sought as collateral, but only the most desperate of debtors has allowed their gold to be used as such. Government bonds are easier to produce and are limited only by market confidence. Moreover they remain in the jurisdiction of the issuer, leaving the issuer in control of them. Gold is different and can only be used once, held outside of the owner's jurisdiction. Control is therefore lost. It cannot be printed and becomes a complete commitment by the owner to honor his obligations.
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Friday, June 03, 2011
Gold Seasonal Price Trends Favor Summer 2011 Buying / Commodities / Gold and Silver 2011
Jonathan Kosares writes: It was June 2006…
Gold had enjoyed five years of gains after bottoming in 2001, reaching a 26-year high of $730 that May, but was undergoing a significant correction that would ultimately erode 28% of its value in just over a month. It was the single largest loss of value the gold market had seen since its collapse in 1980.
Friday, June 03, 2011
Gold’s Summer Doldrums Normally See Weakness but Fundamentals Could Lead to Surge / Commodities / Gold and Silver 2011
Gold is trading at $1,541.10/oz, €1,061.29/oz and £943.90/oz.
Gold and silver are lower again today in most currencies after yesterday’s falls. Gold has risen marginally in British pounds (GBP 943.9/oz) as sterling is lower (see cross currency table) with the weak services sector PMI data highlighting the weak U.K. economy and increasing risk of stagflation.
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Friday, June 03, 2011
Gold Recovers On Weak US Payroll News As Greece Agrees to Blackmail Bailout / Commodities / Gold and Silver 2011
THE WHOLESALE market price of gold bullion leaped $10 per ounce to $1539 Friday lunchtime in London – recovering the last of this week's 1.1% fall – before sliding back as the US Dollar fell on surprisingly weak US jobs data.
The US economy added 54,000 jobs in May, according to the non-farm payroll report from the US Bureau of Labor Statistics, against analysts' consensus forecast of 190,000.
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Friday, June 03, 2011
Silver Price Temporary Recovery From Fibonacci Support Level / Commodities / Gold and Silver 2011
The surge in Silver came to a halt in Apr, and subsequent pullback was sharp. Interesting Fibo levels have recently provided support but we remain on the lookout for a further bear advance.
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Friday, June 03, 2011
Will the Masses Soon Be Promoting Silver? / Commodities / Gold and Silver 2011
Once upon a time, Robert Kiyosaki, the author of Rich Dad, Poor Dad said this, "For 2011, silver is the single most attractive investment for any investor." Bob Chapman reported, "We are about 25-30% into the game. We have a long way to go." Peter Schiff predicted "200 an oz." Rick Rule, "Outlook very bullish." Gerald Celente said, "Higher and higher." Eric Sprott and David Morgan both agreed that north of $100 an ounce was likely. Richard Daughty, James Turk, and Max Keiser were the biggest bulls with forecasts that ranged from $200, up to $500 an ounce.Read full article... Read full article...
Thursday, June 02, 2011
Bearish Digestion Period for Crude Oil / Commodities / Crude Oil
My technicals keep warning me that crude oil hit a significant peak at $114.83 on May 2 and since then has embarked on a major correction that is only partially complete. In fact, all of the sideways, recovery action off of its May 6 corrective low at $94.63 represents a bearish rest-digestion period that should resolve itself to the downside in a plunge that projects to 90.00-86.00, and then to 80.00-78.00 thereafter.
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Thursday, June 02, 2011
The Fukushima Cloud's (Green, Not Silver) Lining / Commodities / Renewable Energy
The ongoing tragedy of Japan's Daichi Fukshima nuclear complex will prove to be a boon for renewable energy in Japan, and astute investors should begin carefully to follow Tokyo's new priorities.
Before the March 11 twin disasters of a massive earthquake followed by a devastating tsunami, about 30 percent of Japan's electricity was generated by nuclear power, and Tokyo had ambitious plans to raise its market share to 50 percent over the next two decades, with renewable accounting for 20 percent, Japanese Prime Minister Naoto Kan told journalists earlier last month.
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