Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, February 16, 2011

Gold Dragged Higher by Surging Silver as U.S. Dollar Rallies / Commodities / Gold and Silver 2011

By: Adrian_Ash

THE PRICE OF GOLD rose once again on Wednesday morning in London, touching its best level in almost a month at $1378 per ounce as world stock markets pushed higher together with the US Dollar.

Crude oil prices on both sides of the Atlantic also rose, bucking a dip in the broader commodity markets, as the "spread" between Europe's Brent contract and US West Texas Intermediate rose back to last week's all-time records of $16 per barrel – a premium of nearly one fifth.

Wednesday, February 16, 2011

Gold Rises on Deepening European Sovereign Debt Crisis, Risk of Contagion and Bond Market Crash / Commodities / Gold and Silver 2011

By: GoldCore

There is a real sense of the “calm before the storm” in markets globally. Complacency reigns, despite signs that the sovereign debt crisis in Europe is deepening and that Japanese and US bond markets also look very vulnerable due to rising inflation, very large deficits and massive public debt.

Wednesday, February 16, 2011

Gold GLD ETF Making a Bottom / Commodities / Gold and Silver 2011

By: Guy_Lerner

The SPDR Gold Trust (symbol: GLD) is making an intermediate bottom making support and stop loss levels easily identifiable.

Figure 1 is a daily chart of the GLD. The yellow (and sometimes red and yellow) dots on the price charts represent key pivot points. Key pivot points represent the most intense zones of buying (support) and selling (resistance). A "typical" bottoming pattern would be for GLD (and most assets) to trade below a key pivot point or support level taking out stops and then reversing higher. Recent price action has GLD trading below the key pivot at 133.51.

Wednesday, February 16, 2011

Gold and Silver ETFs Investor Warning / Commodities / Gold and Silver 2011

By: GoldSilver

Gold Exchange Traded Funds ( ETFs ) are expensive!

Gold ETF fees vs. Brink’s Segregated Vault Storage costs

Example: $500,000 or 360 oz gold bullion with $ 1356.70 gold spot.

Wednesday, February 16, 2011

Silver and Opium / Commodities / Gold and Silver 2011

By: Professor_Emeritus

The opium wars do not belong to the glorious episodes of Western history. Rather, they were instances of shameful behavior the West still has not lived down. Mercantilist governments resented the perpetual drain of silver from West to East in payment for Oriental goods (tea, silk, porcelain) that were in high demand in the Occident, facing low demand in the Orient for Occidental goods. From the mid-17th century more than 9 billion Troy ounces or 290 thousand metric tons of silver was absorbed by China from European countries in exchange for Chinese goods.

Wednesday, February 16, 2011

Growing Investment Opportunity in Agriculture / Commodities / Agricultural Commodities

By: Frank_Holmes

With the world nearing 7 billion, there are a lot more mouths to feed. Throw in that many in emerging markets are requiring higher-quality diets and you've got a squeeze on the global food supply.

Bushels of corn reached their highest prices in nearly three years this week after the U.S. Department of Agriculture (USDA) reported that corn inventories will fall to levels not seen since 1996.

Tuesday, February 15, 2011

Healthy Correction For Gold Miners And Precious Metals In Secular Bull Market / Commodities / Gold and Silver 2011

By: Jeb_Handwerger

One of the most difficult decisions an investor must make is to determine if a turning point is of short term or long term consequence. The markets give subtle clues to students of the market of impeding danger and times of caution. A stock's reaction to news items may tell us the authentic underlying strength. In November and December gold, silver and mining stocks sold off China raising rates and now in February shruggs off the news.

Tuesday, February 15, 2011

Gold, Long Bonds, The Only Trend That Matters / Commodities / Gold and Silver 2011

By: DailyWealth

Porter Stansberry with Braden Copeland write: We call it "the only trend that matters."

It is the most important financial idea we could ever give to you. The fate of millions of Americans rests in a single market, where just one financial instrument trades, and...

Tuesday, February 15, 2011

Eye on Gold and Silver / Commodities / Gold and Silver 2011

By: Mike_Paulenoff

A mixed bag in the metals sector today, which bears close watching for the iShares Silver Trust (SLV), Silver Wheaton (SLW), the SPDR Gold Shares (GLD), and Freeport-McMoRan Copper & Gold (FCX).

The SLV is pushing up towards a challenge of its Jan high at $30.44, although for the first time since the pivot low on Jan 25, the SLV is not leading the charge today. Instead, SLW is out front. The change in profile is bothersome to me, as the SLV needs to retake the leadership role.

Tuesday, February 15, 2011

Rhodium Trading, Undervalued and Moving Towards Buying Point / Commodities / Rhodium

By: Ned_W_Schmidt

RHODIUM TRADING THOUGHTS is about timely and profitable trading of precious metals. We do not believe every turn in the market can be called. Our goal is that our recommendations should be profitable. Profits are the goals, not trades. Do not expect all recommendations to be profitable. No system can achieve that lofty goal. Our goal is simply to state whether conditions for a metal are favorable or not. Buy signals are issued when appropriate. These signals are generally speaking for day they are issued. If price remains below signal price, buying can be done. Do Not Buy signals are given when market is over bought, and buying is unwise. Blue triangles indicate an over bought condition. These would not be good times to buy, so they are labeled Do Not Buy. Software is not showing complete legend, for some reason.

Tuesday, February 15, 2011

Gold, Silver and the Validity of Technical Analysis Part 2 / 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. Over the last few years it has done this more frequently until we find at the Gold Forecaster we approach technical analysis in a way that allows for this and complements the fundamentals.

Tuesday, February 15, 2011

Gold and Silver Jump as Global Inflation Rises / Commodities / Gold and Silver 2011

By: Adrian_Ash

THE PRICE OF GOLD jumped Tuesday morning in London, hitting $1375 per ounce and setting four-week highs for Dollar, Euro and Sterling investors, as world stock markets again held flat and commodity prices rose.

The silver price rose another 1% to $30.88 per ounce – its best level of 2010 so far.

Tuesday, February 15, 2011

Gold and Silver Rise Immediately on Higher than Expected UK Inflation / Commodities / Gold and Silver 2011

By: GoldCore

Silver and particularly gold rose sharply on the release of the higher than expected UK inflation data. It showed that UK inflation quickened to 26 month highs at 4.0%. Currency debasement and higher food and energy prices are leading to an inflation surge in both developed and emerging markets.

Tuesday, February 15, 2011

Gold For Valentine's Day / Commodities / Gold and Silver 2011

By: Anthony_J_Stills

"Be ashamed to die until you have won some victory for humanity." ~ Horace Mann (1796 - 1859)

Today the White House sent its budget to Congress and it will hit US $1.6 trillion for 2011, well above the previous US $1.3 trillion estimate. The proposed budget deficit for 2012 is US $1.1 trillion. In spite of cutting US $1.5 trillion over the next decade, at no time is the deficit projected to be less than US $655 billion over the next nine years. Don't forget that these are "estimates" and the government is always too low. Now both parties will start to bargain and fight for their respective pork as the deadline to extend the debt ceiling is less than sixty days away. If both parties fail to agree, government would have to shut down operations and that would have a detrimental affect on the US economy. I predict that it will be very difficult for both sides to come to an agreement and that just might prove to be the outside influence that rattles the markets and brings and end to all the exuberance regarding the so-called recovery.

Tuesday, February 15, 2011

Look to History to Profit from Gold / Commodities / Gold and Silver 2011

By: The_Gold_Report

Gold in the Carolinas? "Absolutely," says Jefferson Financial President and CEO Brien Lundin, who also publishes the Gold Newsletter. It's just one region where historic discoveries, ignored when gold prices were low, are now being re-examined with modern exploration techniques. The results, he says, are promising. Learn more about his take on the economy, the seasonal effect on gold prices and the "frothy" metals market in this exclusive interview with The Gold Report.

Monday, February 14, 2011

Silver Shortage Blamed on "Miner Hedging" as Price Rises with Gold, Global Inflation Data Eyed / Commodities / Gold and Silver 2011

By: Adrian_Ash

THE PRICE OF gold and silver rose back to last week's highs early in London on Monday, hitting $1364 and $30 per ounce respectively even as the US Dollar rose to 1-month highs on the currency market.

European stock markets slipped but government bonds and commodity prices were little changed after China reported a further rise in its imports, led by a 5.7% rise in copper demand.

Monday, February 14, 2011

Silver Bullion COMEX Stocks at 4-Year Low as Backwardation Deepens / Commodities / Gold and Silver 2011

By: GoldCore

Gold and silver are higher after last week’s 1% and 3.5% gains in dollars. Silver is particularly strong again this morning and the euro has come under pressure as bonds in Ireland, Spain, Portugal and Greece continue to rise. While Asian equity markets were higher, European indices have given up early gains.

Sunday, February 13, 2011

Buying Homes with Cash… Gold Edges Closer to Currency Status / Commodities / Gold and Silver 2011

By: Investment_U

Steve McDonald writes: Despite the gloomy housing numbers, many of the hardest hit areas in the real estate crash are seeing big new buying activity.

And not only that, it’s happening in cash.

Sunday, February 13, 2011

Gold Bull Market Parabola / Commodities / Gold and Silver 2011

By: Lorimer_Wilson

GoldRunner writes: Gold is in an historic Bull Market because most nations are printing their paper currencies like they are going out of style (and maybe they are) as each nation tries to battle off the massive deflationary backdrop of debt that has permeated most of the world. This surge of debt monetization - this devaluing of the U.S. Dollar for one - has set the scene for a parabolic rise in $Gold to $1860, or higher, over the coming months before an intermediate-term correction takes place. Let me explain.

Sunday, February 13, 2011

Gold Fails to Respond to Middle East Crisis, Looks Ready for More Downside Action / Commodities / Gold and Silver 2011

By: Merv_Burak

The upheaval in the Middle East has done nothing for gold.  It looks like gold is ready for more downside action.  A move to $1305 would not be good.  The “Penny Arcade Index” is still okay so any downside activity shouldn’t last for too long.