Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, July 30, 2010
Investors Profit From the Cap-and-Trade Charade / Commodities / Investing 2010
By: Money_Morning
Martin Hutchinson writes: When U.S. Sen. Harry Reid, D-NV, last week disclosed that the so-called "cap-and-trade" energy proposal that passed the U.S. House of Representatives last year would not be taken up by the Senate, climate-bill proponents were deeply dismayed.
Indeed, Financial Times columnist Clive Crook even said that the United States "has let the world down on climate."
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Thursday, July 29, 2010
You’ll Hate Your Gold So Much You’ll Want to Spit On It / Commodities / Gold and Silver 2010
By: Mac_Slavo
There’s been lots of talk about the “gold bubble,” especially from mainstream talking heads and analysts who prefer paper over real money. In January 2010, financier George Soros was quoted as saying “the ultimate asset bubble is gold,” and this really got the financial news wires going.
Thursday, July 29, 2010
Gold Promises and Currency Lies / Commodities / Gold and Silver 2010
By: Midas_Letter
The signals emanating from the global economic matrix that can be considered realistic, unbiased and leading indicate strongly that we’re edging closer to another brink of some sort. Nobody can see over the edge, but if the last cataract shot by our collective connected market kayak is anything to go by, the Eskimo roll escape afforded by government counterfeiting (oops…I mean ‘stimulus’) is not likely to deliver us to any safe harbor.
Thursday, July 29, 2010
Gold Weak Rally Fades Despite Indian and Chinese Buying / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD reversed a 1.0% rally Thursday lunchtime in London, dropping back to $1161 an ounce as European equities rose, commodity markets trod water, and the US Dollar slipped to new multi-month lows.
Silver prices struggled above $17.50 an ounce and US Treasury bonds also slipped, nudging the 10-year yield back up to 3.00%.
Thursday, July 29, 2010
Is the Future of U.S. Oil Really Secure? / Commodities / Crude Oil
By: Marin_Katusa
Marin Katusa, Chief Energy Strategist, Casey Energy Report writes: Two words that any oil company dreads to hear are “export duty.” Especially if the word “increases” or “introduced” is floating around there too.
So when Kazakhstan introduced an oil export duty to meet shortfalls in the national budget, the mood wasn’t exactly jovial.
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Thursday, July 29, 2010
Unorthodox Leverage Ideas for Gold and Silver / Commodities / Gold and Silver 2010
By: Dr_Jeff_Lewis
Leverage is a very natural part of a great number of traditional investment options. Real estate investing is nearly dependent on leverage; stock traders have up to two times leverage through their brokerage accounts, futures traders are naturally highly leveraged, and currency traders use the most extreme leverage of any investor. So where does this leave the market for physical metals?
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Thursday, July 29, 2010
For the Fed, Inflation is a Positive for Gold and Silver / Commodities / Gold and Silver 2010
By: Dr_Jeff_Lewis
The Federal Reserve is down on its luck. It struck out with near-zero interest rates, gargantuan monetary policy measures, and particularly quantitative easing programs – which all have failed to fire. Now the public is wondering why the Reserve did anything at all. The state of the nation, it seems, is just as poor as it was some many months ago.
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Wednesday, July 28, 2010
Putting Money on the Junior Gold Miners / Commodities / Gold & Silver Stocks
By: The_Gold_Report
Equities and Economics Report writer Victor Gonçalves, in this exclusive interview with The Gold Report, says the yellow metal is in its typical summer lull and will generally see more strength than weakness this year. He's enthusiastic about some undervalued juniors, saying good management is what makes or breaks these companies.
Wednesday, July 28, 2010
Gold GLD ETF Eyeing 200-Day Moving Average / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
In our Webinar last night, we discussed gold and the SPDR Gold Shares (NYSE: GLD), which has been a liquidating market. The GLD closed at 113.50 off a low of 113.21, and the 200-day moving average is 112.06.
Wednesday, July 28, 2010
Gold Bull Market Long Way from Losing Both Arms and Legs / Commodities / Gold and Silver 2010
By: Adrian_Ash
WHATEVER FORCE you spy behind this week's swoon in gold prices to $1160 per ounce and lower, 'tis but a scratch – a flesh wound – so far.
"I've had worse!" as Monty Python's Black Knight says.
Wednesday, July 28, 2010
Gold Falling to 200 Day Moving Average in Major Currencies / Commodities / Gold and Silver 2010
By: GoldCore
Gold had recovered slightly today from yesterdays 2% sell off to 3 month lows before incurring slight losses in late European trading. Gold is now down nearly 10% from its recent nominal highs ($1,258/oz) and the continuing sell off is due to increased risk appetite due to the decline in banking sector and sovereign debt risk. Yesterday’s sell off was also technical nature as gold fell below the 100 day moving average and triggered large sell stop orders around the $1,176/oz level. This may have exacerbated the sell off and resulted in the sharp falls to the intraday price low of $1,156/oz.
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Wednesday, July 28, 2010
Gold Price Falls to 3 Month Low / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD held near 3-month lows against all the world's major currencies on Wednesday in London, recovering little of yesterday's 2.2% drop.
Soft commodities and base metals rallied from their sell-off, but silver prices held at a 3-session low almost 4% beneath Tuesday's start, while an early gain faded in European stock markets.
Wednesday, July 28, 2010
Gold Counting Down to Assault on $1300 / Commodities / Gold and Silver 2010
By: Bob_Kirtley
Sam Kirtley writes: We remain convinced that gold has yet to make its high for the year, and expect an assault on $1300 to begin in about a month from now.
Despite our bullishness, we are not convinced that buying more call options on gold is the right move for now, since we expect action to the upside to be fairly limited over the next few weeks.
Wednesday, July 28, 2010
Crude Oil Prices Below $80 On Sluggish Demand / Commodities / Crude Oil
By: LiveCharts
Oil prices are hovering just below $80 per barrel, at around $79 for September crude delivery in Tuesday’s (July 27) early New York Mercantile Exchange trade. Still moving in sync with equities in the big picture, the price of oil is limited by continued reports of sluggish crude demand levels in the US.
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Wednesday, July 28, 2010
Stock Market Trend Implications For Gold and Silver / Commodities / Gold and Silver 2010
By: Przemyslaw_Radomski
In our previous essay entitled Dollar's Never-Ending Plunge and Its Golden Consequence we have analyzed the current situation in the USD Index and its possible influence on the prices of gold, silver and mining stocks (generally we were bearish on gold). We have also provided our thoughts related to one of the questions that we've received from our Subscribers.
Tuesday, July 27, 2010
Gold Technicals / Commodities / Gold and Silver 2010
By: Guy_Lerner
This will be a comprehensive review of gold technicals utilizing the SPDR Gold Trust (symbol: GLD).
Figure 1 is a weekly chart of GLD with key pivot points. As we know, key pivot points are the most important areas of support (buying) and resistance (selling). With today's sell - off, GLD is below support levels at 115.07. Old support becomes new resistance. Support can be found at the 40 week moving average or more likely at the next levels of key pivot support at 108.5.
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Tuesday, July 27, 2010
Gold, Hoping for a Break / Commodities / Gold and Silver 2010
By: Toby_Connor
I want to discuss something that came up on the blog Friday. An anonymous poster hinted that we were going to see more gold weakness in the days ahead because big money had to sell their positions. Folks, big smart money traders don’t sell into weakness. These kinds of investors don’t think like the typical retail investor who is forever trying to avoid draw downs. Big money investors take positions based on fundamentals and then they continually buy dips until the fundamentals reverse. The fundamentals haven’t reversed for gold so I’m confident in saying that smart money isn’t selling its gold, it is using this dip to accumulate.Read full article... Read full article...
Tuesday, July 27, 2010
Gold and Dollar Dip, Silver Gains with Stocks and Commodities / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD slipped back below $1185 an ounce in London trade on Tuesday morning, holding above yesterday's 1-week closing low but remaining "directionless" according to one Chinese dealer.
"Investors are unclear about the immediate trend," agrees Pradeep Unni at Richcomm Global Services in Dubai, telling Reuters that "physical gold buying is only expected to emerge by the end of this month."
Tuesday, July 27, 2010
Gold Basis Screwed / Commodities / Gold and Silver 2010
By: Professor_Emeritus
Who needs a thermometer to know that the heat-wave is on?Fofoa has just published another thoughtful paper with the title: Red Alert: Gold Backwardation!!! http://fofoa.blogspot.com. It raises the question nobody has apparently raised before: "Is the dollar bidding for gold, or maybe gold is bidding for dollars?" And it gives an amazing answer: the gold basis has been screwed and it has been giving bogus signals for more than a year. We have likely had backwardation all this time but it has been stonewalled. There is no real gold market any more. Goldman Sucks is playing with itself. Most trades are bogus, sales as well as purchases. Leases ditto. What Goldman Sucks couldn't get away in a falling market, it can in a rising one.
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Tuesday, July 27, 2010
How Many Ounces of Gold Does it Take to Buy a House? / Commodities / Gold and Silver 2010
By: Jeff_Clark
Jeff Clark, Casey’s Gold & Resource Report Writes: I don’t have a crystal ball, but I’ll bet I can tell you how much a house will cost in five years.
UBS released some interesting research last month on how much gold it takes to buy the average-priced home in the U.S. I put the data to a chart, and it’s quite revealing.
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