Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, October 22, 2010
Copper Talk / Commodities / Metals & Mining
Copper’s talking up a storm.
Sumitomo Metal Mining Co. said copper ore mined from Chile, and shipped to Indonesia, will be in short supply for at least the next five years.
Antofagasta Plc, which owns three Chilean mines, said a scarcity will persist for “the foreseeable future.”
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Friday, October 22, 2010
A Brief History of Gold / Commodities / Gold and Silver 2010
Are you wearing a wedding ring, or perhaps some gold jewelry? Give it a good look, and I’ll tell you its story.
The story of gold begins, as does the story of all metals on earth, 4.6 billion years ago. That’s when a giant star — a real colossus — burned through its last joules of fuel and erupted in a burst of raw energy and heavy metals.
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Friday, October 22, 2010
Temporary Pause in Silver’s Bull Run / Commodities / Gold and Silver 2010
Following a consolidation over the summer months a fresh, unbroken bull move in Silver has seen the major 2008 peak overcome and the first of our Fibo projections reached. There is room for a s/term pullback now, but there’s no sign that the main uptrend is tiring.
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Friday, October 22, 2010
Economic Standoff So Buy Gold, Silver and Oil! / Commodities / Gold and Silver 2010
I was in the living room, happily reading as the kids quietly watched a show on TV that was even more insipid than their usual choice of mesmerizing mindless pap.
I was thinking to myself, "How pleasant! No noise! No strife! No arguing! No social workers telling me I have to do this for the kids, or do that for the kids, or stop doing this to the kids, or stop doing that to the kids!"
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Friday, October 22, 2010
Silver 30 Year Resistance Breakout, Big Profit Opportunity Against Gold / Commodities / Gold and Silver 2010
In our eye’s, when it comes to investing “Relative Value” is ‘everything’! Why? Because currencies are controlled and manipulated by governments so “Price” (measuring an asset’s value with a currency) cannot be relied upon.
Where do we see some relative value these days? Let us first clarify our point using a few historical examples and then we will provide some insight into today’s market.
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Friday, October 22, 2010
Gold and Stocks Playing the Quantitative Easing Guessing Game / Commodities / Gold and Silver 2010
The headline discussion in the financial press of late has been about the recently announced quantitative easing program that the Federal Reserve has said it will undertake in order to further stimulate the economy. Financial commentators have bled their pens dry in speculating what impact the so-called “QE2” will have on stock and commodity prices.Read full article... Read full article...
Friday, October 22, 2010
Setting Up a Grid to Buy The Silver Dips / Commodities / Gold and Silver 2010
Currency traders have long used a grid system as a way to systematically buy into a currency at differing points and average in their positions. With silver emerging as a currency of choice among ordinary investors and even institutional hedge funds, it’s high time silver investors do the same.
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Friday, October 22, 2010
This Indicator Says When to Sell Gold Stocks / Commodities / Gold & Silver Stocks
Gold has taken a $50 hit this week and, if you’ve been watching gold stocks, it would seem like the gold bull run is over forever.Although gold is being historically an extremely volatile asset class and it’s down a mere 4% from its recent all-time highs, now that the herd is running from gold stocks is a good time to consider whether it’s time to take profits too.
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Friday, October 22, 2010
U.S. Has Enough Natural Gas For 100 Years, Impact on Corporations / Commodities / Natural Gas
Frank Curzio may focus on small-cap companies, but the Penny Stock Specialist editor understands the importance of a big-picture view when it comes to investments of any size. In this exclusive interview with The Energy Report, Frank presents some promising oil, natural gas and coal stocks with caveat emptor—"volatile markets demand extra attention."
The Energy Report: Frank, as editor of Penny Stock Specialist, you cover a number of stocks trading under $10. But you recently wrote a report on Exxon Mobil Corp. (NYSE:XOM) and its competitors for Growth Stock Wire. So, tell us what you specialize in.
Friday, October 22, 2010
Crude Oil Topping Pattern / Commodities / Crude Oil
Nearby oil prices look like they are carving out a top formation off of the October 7 high at $84.43. In particular, the series of lower highs on each rally since the October 8 decline is dictating the unfolding pattern.
As long as the series remains intact, the oil market will be on the defensive. That means that as long as $82.70 contains any forthcoming strength, the developing pattern will continue to put pressure on key near-term support between $79.80 and $79.25, which if violated and sustained should trigger downside acceleration towards $77.00-$76.50 next.
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Thursday, October 21, 2010
Gold Price and Inflation Expectations / Commodities / Gold and Silver 2010
As the US industrial output shrank last month for the first time in over a year, it appears certain that the Federal Reserve will decide to release more monetary stimulus on its next policy meeting on November 2-3. A report on Monday revealed that home-builder confidence might have risen this month but it remains worryingly low. According to Paul Ashworth of Capital Economics based in Toronto, “The industrial production report illustrates, if anything, economic growth is still slowing rather than beginning to pick up again, which is yet another reason for the Fed to unleash QE2 (second quantitative easing)”.
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Thursday, October 21, 2010
Robust Long Term Demand Fundamentals for Gold and Silver / Commodities / Gold and Silver 2010
The precious metals space is poised for robust gains in the long term on the back of strong supply- and demand factors. Declining mine production for precious metals has resulted in a tight supply scenario over the past few years, triggering prices. Key producers including South Africa, the U.S., Australia and Russia are showing signs of a gradual shortfall in potential output, creating a global supply deficit. Two other reasons have coerced prices to attain present levels: the upturn in industrial activities post recession and the return of investors due to subside in volatility. With demand remaining strong, a flat to negative supply scenario augurs well for precious metals.
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Thursday, October 21, 2010
Profit from Rising Food Prices with MOO and DBA ETFs / Commodities / Agricultural Commodities
Here’s a question for you … and I’m pretty sure your answer is “Yes.” The question is: Do you eat?
Food is a basic necessity of life. We all need to eat. Some of us eat more than others do, of course. Sadly, some people live in places where there simply isn’t enough food to go around.
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Thursday, October 21, 2010
MOO, Not Just for Cows, Market Vectors Agribusinesses ETF / Commodities / Agricultural Commodities
The agriculture stocks have been moving up aggressively since the end of June. The initial push came on the drought issues in Russia and wheat production. Then BHP started a hostile takeover bid for POT and the race was on. The buyout set a benchmark or valuation for the agri-chemical businesses. The corn crops in the US were below expectations and thus corn prices have moved higher. This all begs the question – is the run higher done? Is the risk of ownership in the sector too high? The bottom line is demand, and we all know that demand puts pressure on price and for now that demand is likely to remain.Read full article... Read full article...
Thursday, October 21, 2010
Gold Trend Choppy and Indecisive / Commodities / Gold and Silver 2010
THE PRICE OF BOTH gold and silver was little changed against the US Dollar by Thursday lunchtime in London, evening out amid "a very choppy and volatile market" according to one dealer.
Asian equities closed the day lower, failing to pick up yesterday's 1.2% gain in US stocks.
Thursday, October 21, 2010
Gold and QE2 - Buy on the Rumour, Sell on the News? / Commodities / Gold and Silver 2010
Gold is little changed in London trading this morning with slight losses in dollar and euro terms and slight gains in Swiss franc and British pound terms. Expectations of QE2 are leading to further dollar weakness and continuing strength in commodities and precious metals. Gold could see a pullback on the QE2 announcement as we may see a "buy on the rumour, sell on the news" reaction from traders. However, the pullback would likely be another correction as physical demand, particularly from central banks, looks set to remain elevated for the immediate future.
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Thursday, October 21, 2010
The World According to Gold, $1500 by Year End / Commodities / Gold and Silver 2010
$1500 by year end. That’s what the price of gold is going to be. If you buy an ounce of bullion today, you’ll sell it after the Christmas holidays for a profit of 8+%. The gloves are off in the ring of major global currencies, all the pretence is gone, and it’s a horribly blatant competition to devalue currencies that’s now underway. The disconnect between the actual purchasing power of the increasingly worthless dollar, pound, euro, yen and yuan and their near future purchasing power is the latency inherent in a globalized economy in terms of time. Price inflation is coming: it is the absolute outcome of monetary inflation in the absence of real stimulus (supply shortage and demand increase based on actual economic consumption growth – not rampant counterfeiting)
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Thursday, October 21, 2010
Peter Schiff Wrong on Gold Stocks, Small Caps Leveraged to Gold Price / Commodities / Gold and Silver 2010
Days ago I was watching Peter Schiff on Yahoo Tech Ticker. Normally, I find myself in agreement with Schiff. This time, however I disagreed with his comments on the gold stocks. He was saying to buy GDX because the large-cap stocks were priced for a decline in Gold. He also said the speculative juniors were going nowhere. These things may be true and play out in his favor over the coming months and years.
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Thursday, October 21, 2010
Food Prices Spiraling Higher, Grains Feed Meat Prices / Commodities / Agricultural Commodities
Businesses, be they purveyors of adult beverages or farms, are different from governments. Governments can, in most cases, print money to pay their expenses, or borrow near unlimited amounts to do so. Businesses, however, must take in sufficient money to cover their input costs, the expenses of labor, and earn a fair return on their invested capital. If current prices do not allow for that, the price of the business's service or products must rise.
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Thursday, October 21, 2010
What Has Happened to the Gold Price Lately? / Commodities / Gold and Silver 2010
The gold price turned around at below the long-term trend line at $1,160 and rose in an almost straight line to $1,360 before building some support at $1,350. This was after almost 18 months of consolidation between $1,050 and $1,250. The long period of consolidation was while the markets believed that there was a good chance that the recovery would gain traction and all would be well. Then the news darkened and fear and uncertainty in large doses returned alongside worrying actions on the U.S. stimulation front and the world's foreign exchanges. But far more than that happened in the gold market. It was and is a combination of all these factors synthesizing that has driven the gold price to present levels.
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