Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, September 19, 2010
Gold and Silver Breakout Failure? / Commodities / Gold and Silver 2010
In recent days many commentators proclaimed that gold and silver have "broken out", but THIS IS NOT TRUE, so what is the current situation?
In the last update we looked at both the bullish and bearish case for gold and silver, what you might otherwise call the best and worst case scenarios. Some interpreted this as fence sitting, but it was no such thing - it was dispassionate pragmatic analysis the result of which is that we won't get caught by surprise whatever happens.
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Sunday, September 19, 2010
Gold Rebounds, Dollar Plummets, Higher Inflation is on its Way... / Commodities / Gold and Silver 2010
Gold has again broken out to new highs and silver is on the cusp of doing so as well. Unfortunately more than 95% of the pundits were not on board; they believed it was going lower.
The fight for monetary supremacy between the dollar and gold for over the past 16 months has been won by gold and that is why gold is moving higher and the dollar lower. The recent intervention in the currency markets by Japan, ostensibly to weaken the yen, assisted by the US and foreign central banks, won’t strengthen the dollar for any appreciable period of time. The US dollar has broken down and there is no going back.
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Saturday, September 18, 2010
Gold is on the Move / Commodities / Gold and Silver 2010
Gold is looking good. Since its summer low of $1160 in late June, it has surged to $1275. That's a nearly 10% gain in less than two months, and even though gold has again broken its all-time record high, it's poised to move still higher.
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Saturday, September 18, 2010
It's Silver Season! / Commodities / Gold and Silver 2010
Back to school for some, the days before hunting seasons for others, but for silver investors, this time of the year is nothing more than silver season – the time when silver skyrockets to finish out the year.
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Saturday, September 18, 2010
Swapping Gold for Silver Has Historical Merit / Commodities / Gold and Silver 2010
Precious metals investors are very much in tune to the silver to gold ratio. The ratio, which commonly trends between 20:1 to as high as 70:1, should be used as a guide to determine which precious metals will rally and when. Today, silver is at the top of the silver to gold ratio at just over 62:1, so according to history, those who swap their gold today will see higher appreciation in silver in the months and years that follow.
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Saturday, September 18, 2010
Play Silver, but Don't Get "Stuck" / Commodities / Gold and Silver 2010
What's up these days with Silver Guru David Morgan? In this exclusive interview with The Gold Report, David talks about his silver obsession and his newsletter, The Morgan Report. He also imparts some investment wisdom: "The simple fact is I'm not a pig. Bulls make money, bears make money—and pigs get stuck. I'm not going to get stuck and neither are you, if you follow what I'm doing." David also discusses some of his "nonstick" silver holdings.
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Saturday, September 18, 2010
Gold's Rally Breakout or Fakeout? / Commodities / Gold and Silver 2010
Many commodity traders are familiar with the question of whether a stock or commodity has broken out for “real” or not. In other words, when making a new high for the first time, many speculators are unsure if the trend will continue.
Gold touched record highs this week and silver is also moving very close to record highs. Gold’s breakout above the $1,250 an ounce level moves it into new territory, making the move very bullish.
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Saturday, September 18, 2010
Congressional Memorandum On Hoarding Gold / Commodities / Gold and Silver 2010
Let me be upfront: I hate gold (and silver). Hoarding isn’t beneficial to anyone. Yet my faith has been put in 5 G’s: G(religious edit)d, Gold, Guns & Grub. Having absolute faith in the 5th G - (the Government will continue to screw it up) is why I can have faith in the other four. Today I stumbled upon a colossal moron whose website clearly underscores the 5th G.
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Friday, September 17, 2010
It’s Not Too Late To Buy Gold! / Commodities / Gold and Silver 2010
Gold is at a new record high, and there’s a lot of talk about it being time to take profits, to expect a serious decline, in fact the end of its 10-year bull market.
Gold is up 16% so far this year. If it ends up for the year it will be its 10th straight year of gains, and the longest bull market for gold since 1920. So yes, by that measurement gold’s bull market is aged.
Friday, September 17, 2010
Will Silver De-couple From Gold? / Commodities / Gold and Silver 2010
For the last few years silver has moved in relative tandem with the gold price up to now. We called it the 'long shadow of gold' because it would rise further and fall further than gold, but they did move together. Occasionally silver did pause as gold rose but the 'shunt' effect [when a train pulls forward with a line of carriages in tow and each jumps forward as their links tighten] kicked in and it jerked forward to catch up with gold's moves. Many investors keep their eyes focused on the Gold: Silver Ratio [one ounce of gold buys x number of ounces of silver] and trade it regularly. Right now that ratio is at 1: 60. However, by coupling we also mean will they continue to act and react together on a daily basis, apart from price differentials.
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Friday, September 17, 2010
Gold All About the U.S. Dollar? / Commodities / Gold and Silver 2010
The race to debase only looks set to raise gold's global appeal still further...
GOLD is suddenly all about the Dollar again. Or so you might think.
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Friday, September 17, 2010
Are Commodities Stocks Cheap? / Commodities / Resources Investing
After weathering a lackluster grinding summer, commodities stocks are poised for a big rally. Thanks to an anomalous divergence between commodities prices and the general stock markets, commodities stocks are relatively cheap today. This has created an excellent buying opportunity for investors.
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Friday, September 17, 2010
Gold's "Z-Score" Defies George Soros' "Bubble" / Commodities / Gold and Silver 2010
THE PRICE OF GOLD broke new Dollar records for the third time this week in London trade Friday morning, peaking above $1282 per ounce as world stock markets extended their 2% gains from Monday.
Major-economy government bonds also rose, pushing interest rates lower as new German and US data showed inflation stalling on the official measures in August, while crude oil recovered above $75 per barrel.
Friday, September 17, 2010
Gold Makes Successive New All Time Highs Despite Continuing Public Apathy / Commodities / Gold and Silver 2010
Gold and silver are higher again this morning with gold hitting new record nominal highs and silver having risen sharply to $20.995/oz which is a new multi-month high. A close above $21/oz will be important technically and a close above $21.24/oz would be very bullish technically with long term chart analysts looking at the 1980 record high (just below $50/oz) and the silver's record quarterly high close of $32.20/oz as the next levels of technical resistance.
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Friday, September 17, 2010
Gold Price in All Major Currencies / Commodities / Gold and Silver 2010
A common flaw that we see the average investor make is to follow their investments measured in foreign currencies and at the same time forget to calculate their local exchange rate on those investments. This is a HUGE mistake as the fluctuation of an investor’s home currency has a massive impact on their returns.
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Friday, September 17, 2010
How High Can Gold Go During the Current Upleg? / Commodities / Gold and Silver 2010
Gold fever is converting an increasing number of mainstream investors into gold bugs. Newbies who were fortunate enough to buy gold at any point during this year are no doubt celebrating their gains. And many are looking to take profits now that gold has made another record (nominal) high at $1,279. After all, the gold price has enjoyed an advance of nearly $100 during the past month and we are probably facing some profit taking and correction, right?
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Friday, September 17, 2010
Government vs. Gold / Commodities / Gold and Silver 2010
Some recent headlines look ominous...
"Healthcare bill reveals hidden tax for precious metals transactions"
"Congress starts hearings on gold"
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Friday, September 17, 2010
Gold Stocks – Where is the Bull Market? / Commodities / Gold & Silver Stocks
Gold bullion has been on a strong and steady march since its bottom in late 2008 but Gold stocks have remained mired in a sideways movement as investors become impatient waiting for the sun to shine upon them. But to understand why Gold stocks are moving sideways investors first need to have a brief history lesson about the industry.
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Friday, September 17, 2010
Look for Underlying Crude Oil and Natural Gas Catalysts / Commodities / Oil Companies
Eric Nuttall, portfolio manager of Sprott Asset Management's Energy Fund, believes there are opportunities in both oil and gas, regardless of commodity prices. "I'm entirely agnostic when it comes to the commodity price. It all comes down to the valuation," Eric explains. He seeks companies with existing production priced at a reasonable multiple and, as he puts it, gets all the exploration upside for "free." Eric talks about some companies that fit that bill in this exclusive interview with The Energy Report.
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Thursday, September 16, 2010
Gold Trading Volume Jumps, Signals More Upside or Warning? / Commodities / Gold and Silver 2010
Gold prices are rising from the long-term perspective and it’s no wonder. Central banks that had one time liked nothing better than to get rid of their gold reserves, are amassing major gold positions. The International Monetary Fund said last week that it sold 10 metric tons of gold to the central bank of Bangladesh raising $403 million. The IMF has already sold 212 tons of gold to the Reserve Bank of India, the Bank of Mauritius and the central bank of Sri Lanka, all in November last year.
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