Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, October 08, 2010

Playing with Gold Bull Market Numbers / Commodities / Gold and Silver 2010

By: Adrian_Ash

Three ways of looking at gold's current bull market...

YOU MIGHT know this chart already. If not, expect to see more of it soon.

Friday, October 08, 2010

Bullish Channel for Gold Miners GDX ETF / Commodities / Gold & Silver Stocks

By: Mike_Paulenoff

Just in case you want to see a real live example of channel analysis, the Market Vectors Gold Miners ETF (NYSE: GDX) is a textbook case. The enclosed 3-month uptrend has carved out a spectacular bullish channel, which we notice rocketed through the channel resistance line yesterday morning (above 58.55) prior to reversing back beneath the upper channel line.

Friday, October 08, 2010

Gold Stocks HUI Hits New Record High / Commodities / Gold & Silver Stocks

By: Zeal_LLC

Inspired by gold’s relentless momentum, investors drove the flagship HUI gold-stock index to new all-time highs this week.  While great fun for all of us with capital deployed in this sector, seeing the best levels in history often spawns anxiety in those with a contrarian bent.  Following gold stocks’ run into record territory, are they in danger of an imminent correction?

Friday, October 08, 2010

Gold Spikes on "Same Old Story" as US Sheds Jobs / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD in wholesale dealing jumped against the Dollar at the start of New York trade on Friday after the Bureau for Labor Studies said US payrolls shed 95,000 jobs in September.

Earlier hitting a 3-session low beneath $1326 per ounce, the gold price had already recovered to $1335 before spiking – briefly – above $1340 on the news.

Friday, October 08, 2010

COMEX Gold and Silver Sell Off Likely To Be Greeted by Eager Physical Buyers / Commodities / Gold and Silver 2010

By: GoldCore

Gold and silver's weekly gains have been pared but both remain higher for the week so far. Gold and silver fell almost 1% and 2% respectively in trading on the COMEX yesterday. They traded sideways in Asian trading and have resumed their slide in early New York trading. The dollar has bounced from record monthly lows and this is leading to some selling. Profit taking is also likely after the recent run up in price.

Friday, October 08, 2010

Iraq’s Energy Sector Is Moving Forward With or Without the U.S. / Commodities / Crude Oil

By: Money_Morning

Jason Simpkins writes: Iraq on Wednesday broke the record - 207 days - for the time between a parliamentary election and the formation of a government. But while Iraq's government is at a standstill, the country's energy sector remains dynamic and U.S. companies can't afford to wait for the political climate to thaw before diving in.

Friday, October 08, 2010

Uranium and Natural Gas Investment Plays / Commodities / Energy Resources

By: The_Energy_Report

Author and Energy Strategist Editor Elliott Gue looks to larger global energy trends to establish his investment strategies in alternative energy. Two of those trends include nuclear power development in emerging markets and the natural gas infrastructure needed for America's burgeoning shale gas plays. In this exclusive interview with The Energy Report, Elliott suggests some tried and true names that should benefit from those trends and a few lesser-known companies with similar aspirations.

Thursday, October 07, 2010

Another Catalyst for Gold and Silver Shares? / Commodities / Gold & Silver Stocks

By: Jordan_Roy_Byrne

If you’ve followed our work you know how useful intermarket analysis can be when deciphering future movements and trends in the precious metals complex. Years ago when I would analyze Gold I would only follow Gold. Now I am aware of a wealth of markets that can be analyzed, which can help provide an outlook for precious metals.

Thursday, October 07, 2010

Near-term Trend Change for Crude Oil / Commodities / Crude Oil

By: Mike_Paulenoff

For better or worse, richer or poorer, my big picture pattern work on oil continues to warn me that I should treat the May decline from $87.15 to $64.24 as the first downleg either in a large, incomplete correction, or the first downleg in a bear market for oil.

The only way to invalidate those scenarios will occur on a price climb that hurdles $87.15. Barring upside continuation, the bearish scenarios projects to an optimal target of $63-$58.

Thursday, October 07, 2010

Gold, Come Hell or High Water…Discipline is Profitable / Commodities / Gold and Silver 2010

By: Paul_Mladjenovic

Yesterday (Oct. 6th) gold hit an all-time high of $1,349 (spot price) while silver hit a 30-year high of $23.19. Today, Gold and silver are pulling back from these record highs as profit-taking is occurring.

In recent years, you and I have constantly heard about the problems with precious metals. We have seen and heard much about the corrections and bearish forecasts. When a particularly strong pull-back occurs, the critics tell us "the bubble has popped" or "the bull market in gold and silver is over".

Thursday, October 07, 2010

Silver Surges But Remains 'Ugly Sister' and Still Playing Catch Up With Gold / Commodities / Gold and Silver 2010

By: GoldCore

Precious metals have risen to new highs on deepening concerns about the US economy and the growing risk of currency devaluations internationally. Gold reached new nominal record highs at $1,364.77/oz and silver reached new 30 year record nominal highs at $23.52/oz.

Thursday, October 07, 2010

Gold and Silver Defying Gravity / Commodities / Gold and Silver 2010

By: Adrian_Ash

THE PRICE OF GOLD hit yet another new Dollar high early Thursday, touching $1364 an ounce as the US currency slumped to fresh 15-year lows against the Japanese Yen and world stock markets also fell.

The Euro and British Pound both neared 8-month highs vs. the Dollar after their central banks failed to cut rates or expand their "asset purchase" quantitative easing at today's monthly meetings.

Thursday, October 07, 2010

Chasing Global Currency Crisis Tail-Risk with Gold / Commodities / Gold and Silver 2010

By: Adrian_Ash

The "tail risk" of a currency crisis worldwide surely deserves close attention...

AH, THE LOVELY Peta Todd...

"[I am] delighted that gold has been found in the Chilean mine where 33 workers are trapped," the topless Page 3 model told readers of The Sun on Wednesday morning.

Thursday, October 07, 2010

Gold Stocks Investors Strap Yourselves in This Rally is Going to be HUGE... / Commodities / Gold & Silver Stocks

By: Clive_Maund

We are on the point of a major breakout by Precious Metals stocks that is expected to lead to a powerful rally. The reason that the rally will be powerful is that stocks have been held in restraint since late last year by a zone of very strong resistance in the vicinity of the 2008 highs. This resistance is on the point of being overcome and when it is the last argument that bears are using to justify their position will crumble - namely that of the non-confirmation of gold's continuing new highs by stocks - and they will be forced to cover or face annihilation. This covering should give added fuel to the accelerating rally.

Thursday, October 07, 2010

Gold Next Strong Upleg May First Require Consolidation / Commodities / Gold and Silver 2010

By: Przemyslaw_Radomski

The concern in the U.S. is that if the Federal Reserve pumps more money into the system, its efforts will hurt the value of the dollar and possibly stoke inflation, two events that would drive demand for gold. Yet some investors are buying gold on concern that stimulus measures might fail, leading to even deeper problems for the global economy.

For many people buying gold is based on the lack of faith in conventional currencies. If the U.S. currency has the phrase “In God We Trust” printed on every dollar, some feel that an additional statement of belief should be added—“In Gold we Trust.”

Thursday, October 07, 2010

The 5 year massive bull run in Gold and Gold Stocks continues / Commodities / Gold and Silver 2010

By: David_Banister

Last August I penned an article predicting a massive five year bull run in gold and gold stocks. I outlined my reasoning and compared this 13 year period from 2001 to 2014 to the tech stock bull from 1986-1999. You can view that article here with the details.

Wednesday, October 06, 2010

U.S. Mint Raises Premiums 33% to Shut Off Physical Demand / Commodities / Gold and Silver 2010

By: Dr_Jeff_Lewis

The US Mint is acting quickly to reduce extreme demand for American Silver Eagles.  Just this week, the Mint declared that it would raise dealer premiums from $1.50 per ounce to $2.00, squeezing profit margins on the coins for dealers and making physical metals far more expensive than the spot price.

Wednesday, October 06, 2010

The Rich Move to Precious Metals / Commodities / Gold and Silver 2010

By: Dr_Jeff_Lewis

Before this year, precious metals demand was mostly local, with a few large institutions and investment banks buying shorts on precious metals to mitigate any possible increase in price.  However, as time goes on and investment banks around the global shutter their trading desks, big money is now moving into metals.  So much big money is moving, in fact, that a number of investment banks are opening up new vaults to keep up with exploding demand.

Wednesday, October 06, 2010

Gold prices rise but be cautious / Commodities / Gold and Silver 2010

By: Miles_Banner

Gold prices hit new all time highs again this week and the last. They are trading around $1340 an ounce. Silver prices are also trading at very high prices, closing in on $23 an ounce.

The recent rise merely indicates what we’ve been saying for a while, that currencies are in trouble. Last week saw Ireland move into the spotlight. It’s government will take steps to prop up it’s ailing banking sector. This could result in costing the Irish government close to Euro 50 billion – two thirds more than its national income in 2009.

Wednesday, October 06, 2010

Gold Rises to Near Record Nominal Highs in British Pounds but Lags in Euros / Commodities / Gold and Silver 2010

By: GoldCore

All currencies except for the yen have fallen against gold today. The dollar and sterling have sold off again and the dollar is looking technically vulnerable at 77.61 on the US Dollar Index. Currency markets continue to be the primary focus of markets with growing concerns about competitive currency devaluations. The IMF is now warning of currency wars and the increasing vulnerability of the global financial system.