Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, February 11, 2011
Gold, Silver and the Validity of Technical Analysis / Commodities / Gold and Silver 2011
By: Julian_DW_Phillips
Recently the economics site: www.FinanceandEconomics.org published an article on "Precious Metals and the validity of Technical Analysis. We completely agree with the thoughts expressed there and in this piece would like to expand on their thoughts here. Over the last eight years or so we have seen the Technical Analysis approach to the gold price give incorrect signals, when seen in isolation. Many times the technical picture pointed down on the gold price in the face of a strong fundamental picture. We know that this has wrong-footed many gold investors who found themselves waiting for a fall only to see it consolidate then rise.
Friday, February 11, 2011
Silver Bullion Backwardation Suggests Supply Stress / Commodities / Gold and Silver 2011
By: GoldCore
Gold and silver are higher against all currencies (except the Canadian dollar) in the wake of the worse than expected trade deficit number ($40.6 billion). Sterling and euro are particularly weak against gold and the US dollar today.
Silver backwardation continues and while spot silver is at $30.09/oz, the March 2011 contract is at $30.07/oz and April at $30.01/oz. Incredibly, the July 2012 contract is trading at $29.93/oz and the December 2013 contract at $29.91/oz.
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Friday, February 11, 2011
Gold Rises as Stocks Slip / Commodities / Gold and Silver 2011
By: Adrian_Ash
DOLLAR-PRICED GOLD held onto this week's 1% gain in London trade by Friday lunchtime, holding steady against the rising US currency as bonds pushed higher but world stock markets headed for their first weekly loss in three.
"Euro denominated gold has now convincingly broken back above the €1000 level" per ounce, says one London dealer in a note.
Friday, February 11, 2011
Sugar Bulls Faltering at Long Term 76.4% Level / Commodities / Commodities Trading
By: Seven_Days_Ahead
Following the sharp 2010 drop back in Sugar the subsequent recovery has seen new highs which have tested a long term Fibonacci level. We currently await a better reaction around here but, so far, the market is finding resistance.
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Friday, February 11, 2011
Monetary Inflation and Supply Concerns Drive Commodities More So Than Demand / Commodities / Commodities Trading
By: Jordan_Roy_Byrne
The mainstream press loves to talk about emerging market demand as a cause of inflation, rising prices and the bull market in commodities. Did emerging markets suddenly begin demanding food, energy and metals in 2001? What about five and ten years earlier? Its a rhetorical question. The conventional wisdom is wrong.
Friday, February 11, 2011
Investors Should Focus on Chinese Agri-Food Stocks Opportunities / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Today a sign of true wealth is owning a horse. Cost of feeding them has escalated dramatically as Agri-Food prices have risen. Owning two horses is an ostentatious flaunting of one’s wealth. Paying an Iowa farmer for corn with which to produce ethanol is still criticized by many poorly informed individuals. They might better serve to lower food prices if they attacked the frivolous feeding of Agri-Foods to horses. Perhaps horse ownership should be banned except on working ranches. That all said, any Agri-Food shortages around the world are due to government policies. Horses and weather only serve to exacerbate the situation.
Friday, February 11, 2011
Uranium to Cross $100 Threshold in 2011 / Commodities / Uranium
By: The_Energy_Report
Philip Williams, Pinetree Capital's VP of business development, says the spot price for uranium will likely explode above $100/lb. in 2011, much as it did in 2007 when it topped at $137. The good news, Philip says, is that even when uranium comes off its high, it will likely only fall to around $80. It's around $73 now. If Philip's right, we're on the cusp of another round of uranium market madness. And you will want to read this Energy Report exclusive for some of Pinetree's favorite uranium and lithium plays.
Thursday, February 10, 2011
Showdown in the Gold and Silver Markets: Let's Get Ready to Rumble / Commodities / Gold and Silver 2011
By: Jesse
Silver is likely to lead the way higher from here, with gold following.
The suppression of the metals by the central banks since 1971 will not fall apart in a moment. But if there is a time to which people will later point and say, 'this was the turning point,' it is likely to be in the intital breakout of silver above twenty and of gold from its big cup and handle formation. To borrow an analogy from wartime, this was their Stalingrad, prelude to Kursk.
Thursday, February 10, 2011
Gold Slips vs. Rising Dollar as Stocks Markets Fall / Commodities / Gold and Silver 2011
By: Adrian_Ash
THE DOLLAR price of gold slipped to two-day lows on Thursday morning as the US currency rose and world stock markets fell hard.
Hong Kong's Hang Seng index lost 2% and London's FTSE100 dropping 0.9% by lunchtime.
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Thursday, February 10, 2011
Silver Lease Rates Rise Sharply – Bond Yields in Portugal Rise to Record / Commodities / Gold and Silver 2011
By: GoldCore
Gold is down 0.32% against the US dollar which is higher against all major currencies today. Gold is marginally higher in euros, Swiss francs, and Aussie and Kiwi dollars. Silver is down 1% in US dollars and lower in all currencies.
Thursday, February 10, 2011
Global Food Crisis, Time to Buy Rice Futures / Commodities / Commodities Trading
By: Money_Morning
Jack Barnes writes:
The world is finally waking up to the fact that global grain prices are destined to head higher - much higher.
Nasty weather in key agricultural markets around the world has savaged the global grain crop, meaning worldwide supplies can't help but be squeezed. Australia, for instance, is experiencing additional flooding in areas that were already battered by the torrential rains of November, December and January.
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Thursday, February 10, 2011
China Drought Global Food Crisis to Trigger Many More Egypts / Commodities / Food Crisis
By: Justin_John
The Chinese government has reportedly decided to spend $1 billion to battle the drought plaguing huge areas in the north, as wheat prices continued their climb and the UN warned of serious consequences for the winter harvest.
The drought is the worst in six decades in many areas, and has left a swathe of grain-producing regions reeling from a lack of any significant rainfall in more than three months.
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Thursday, February 10, 2011
GDX Gold Miners Index May Be Warning Us… / Commodities / Gold and Silver 2011
By: Chris_Vermeulen
The past couple weeks I have been keeping a close eye the price of gold and the gold miners index. I check to see if its pointing to higher or lower prices in the near future using inter-market analysis, price and volume, along with technical analysis. At this time the charts are still pointing to lower prices in the coming days or weeks.Read full article... Read full article...
Thursday, February 10, 2011
Pricing the World in Gold / Commodities / Gold and Silver 2011
By: Adrian_Ash
Equities, housing, commodities and bonds viewed through the prism of what money once was...
WHAT WOULD the world look like if, as a handful of economists, investors and politicians hope, gold really was money again?
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Thursday, February 10, 2011
Municipal Bond Market Shock Could Ignite Silver Charts / Commodities / Gold and Silver 2011
By: Dr_Jeff_Lewis
Less than 45 days into 2011, it appears that this just may be the year of the paper recovery, but that doesn’t mean that lingering problems have been wiped away. At center stage now is the municipal bond market, which having grown tremendously as investors fled to safe havens in 2009, may soon find itself in a perilous situation.Read full article... Read full article...
Thursday, February 10, 2011
U.S. Dollar Breakdown Perfect Storm for Gold / Commodities / Gold & Silver Stocks
By: The_Gold_Report
A lot of short-term peaks and troughs can make things messy in the resource space, and the associated volatility can whipsaw people out of investments. "Still," says Pathfinder Asset Management Limited's Associate Portfolio Manager Taylor MacDonald, "the long-term picture itself is very much intact." The U.S. dollar is in the process of breaking down, and that will ultimately be supportive of gold. "And when you sidecar the dollar breakdown with quantitative easing, he says, "you essentially have a perfect storm forming for gold." Find out why Taylor expects the junior mining space to shine even brighter in 2011 in this exclusive interview with The Gold Report.
Wednesday, February 09, 2011
Gold Markets At A Crossroad – What Now? / Commodities / Gold and Silver 2011
By: Dudley_Baker
We are very bullish for the long-term for the resource sector, i.e., gold, silver and the resource shares. However, we need to live life and the markets in real time and the question is where are we now and what should investors do, if anything?
The big question mark is for the short-term (several weeks) and the immediate term (1 – 3 months).
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Wednesday, February 09, 2011
High Altitude Bombing in Crude Oil, Options Trade Opportunity / Commodities / Crude Oil
By: J_W_Jones
At the risk of stating the obvious, the recent market action in the commodities has been manic with wild gyrations of price in a wide variety of basic materials, metals, and energy. Given these wild fluctuations in price, I thought we could look at an options trade in USO that gives a high probability of success.
Wednesday, February 09, 2011
Gold Prices Rise, Oil Falls / Commodities / Gold and Silver 2011
By: LiveCharts
Oil prices are off this week, while gold prices continue to move higher after a near term drop to $1,314.90 on January 28th.
The Wednesday (February 9) morning price for oil futures is $87.23 per barrel on the New York NYMEX. This is up by $.29 over Tuesday’s settle price, but the current price represents nearly a $5 drop from last week’s highs near $92.
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Wednesday, February 09, 2011
Gold and Silver Through the MacroScope / Commodities / Gold and Silver 2011
By: John_Hampson
Gold and Silver Through the Macroscope
Let's start with a 600 year perspective on gold prices (gold-lined chart) and silver prices (blue-lined chart):