Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, May 21, 2010
Hurricane Season Crude Oil and Natural Gas Profits / Commodities / Commodities Trading
By: Sean_Brodrick
The 2010 Atlantic hurricane season officially starts on June 1. But smart traders are already gearing up. The Gulf of Mexico is responsible for 13% of the U.S. natural gas production (and 30% of its domestic crude oil production). A strong hurricane — or two — hitting in the wrong place could knock some of that production offline. And just the possibility of that happening could put a bid into energy prices when and if the first hurricanes form off the coast of Africa.
Earlier this month, two offshore production platforms in the Gulf of Mexico were shut as a safety precaution against the spreading oil slick from the Deepwater Horizon oil spill. But that’s not the real threat.
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Friday, May 21, 2010
Gold Strong Currency for Private Investors as Swiss FX Intervention Costs $870m Per Day / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD bounced from a new two-week low in London today, nearing the weekend 4.3% below last Friday's close as world stock markets slumped for the fourth time in seven sessions.
Government bond buying continued to push prices higher, knocking the yield offered by US, German and UK debt to new multi-month lows.
Friday, May 21, 2010
Gold Resilient on Financial Uncertainty and Double Dip Recession Concerns / Commodities / Gold and Silver 2010
By: GoldCore
Gold is marginally lower (-0.2% in USD terms) and is currently trading at $1,180/oz and in Euro and GBP terms, gold is trading at €944/oz and £823/oz respectively. Gold has risen in sterling terms after the much higher than expected UK budget deficit (see below). Gold is only down some 4% on the week (USD - $1,230/oz to $1,180/oz) which is impressive given the sharp sell off seen in most commodity and equity markets.
Friday, May 21, 2010
Sugar Testing Long Term 76.4% Support / Commodities / Commodities Trading
By: Seven_Days_Ahead
This year’s bear run has continued, with not much interruption. Earlier support points have fallen by the wayside but, now, a long term 76.4% retracement level has been reached, where the market is trying to find support…
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Thursday, May 20, 2010
Maximizing Crude Oil and Natural Gas Investments / Commodities / Oil Companies
By: The_Energy_Report
"If you want to talk about the Gulf and the oil leak in terms of investment, I think it's creating some pretty interesting investment opportunities," says Eric Nuttall, portfolio manager of Sprott Asset Management's Energy Fund. The straight-shooting Nuttall never fails to opine or shine as he explains why onshore oil plays are solid investments and talks oil and gas juniors, shales and prices in this exclusive interview with The Energy Report.
Thursday, May 20, 2010
Gold Down 1%, Follows Sharp Drops In Commodity and Stock Markets / Commodities / Gold and Silver 2010
By: GoldCore
Markets have seen another marked increase in risk aversion with a sea of red engulfing nearly all markets including the gold market. Equity markets have fallen sharply as have most commodities. The precious metals have not been immune to the meltdown with silver down 3% and palladium and platinum plummeting 9.5% and 6% respectively. Oil has plummeted by more than 8% as have most commodities with gold one of the better performers – only being down 1%.
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Thursday, May 20, 2010
The Logic of selling Gold in May and ‘going away.’ / Commodities / Gold and Silver 2010
By: Peter_Degraaf
Should you invest – or should you trade?
Featured is the gold price in 2001. Selling in May and buying back right after Labor Day would have yielded a small profit, provided that the sale was made right at the top in May (not easy).
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Thursday, May 20, 2010
All Crude Oil Is Similar, But Crude Oil ETFs Are Not / Commodities / Exchange Traded Funds
By: Ron_Rowland
You may have noticed that crude oil prices plunged over the last few weeks. On May 3, the June crude oil futures peaked at more than $87. Then on Monday, May 17 the same contract slipped below $70. That’s a decline of about 20 percent in only ten market days!
Of course we could go back in history and point to some periods when oil prices went up just as quickly. What this illustrates is that — like many commodities — crude oil can be very volatile.
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Thursday, May 20, 2010
Australian Gold Stocks and GFC1 versus GFC2 / Commodities / Gold & Silver Stocks
By: Neil_Charnock
When the Rudd Unworkable Super Tax (RUST) was first announced I stated that we may not be the only ones here in Australia to suffer from this type of tax. Governments in many countries are worried about falling revenue as economic contraction bites. Plucking the goose that lays the golden egg is now thought to be contagious according to Evy Hambro of BlackRock Investment Management Ltd.
Thursday, May 20, 2010
Gold Hits 2-Week Low as Lehman Crash Repeated by Fund Liquidation Rumors / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in wholesale, professional dealing fell further on Thursday in London, dropping to a two-week low vs. the Dollar as Asian stock markets closed sharply lower and an early rally in Eurozone shares flipped into a 2% plunge.
The Dollar rose once again with the Japanese Yen, as crude oil lost 2% to $68 per barrel and broad commodity markets lost 1%.
Thursday, May 20, 2010
Gold, Focus On What Matters / Commodities / Gold and Silver 2010
By: Toby_Connor
I know this is hard to do, especially when one is weathering draw downs. And of course a liberal dose of gloating from the bears during these times doesn't help either. But let's not get sidetracked by the little things and let's face it, the haters are going to show up every time gold corrects. We really should be used to that by now. They've been doing it for 10 years.
Thursday, May 20, 2010
Gold Plunge to $1,175 a Buying Opportunity? / Commodities / Gold and Silver 2010
By: Nadeem_Walayat
This is a brief analysis of the ongoing gold price correction as gold hits $1,175, targeting strong support area at $1,150.
The big picture remains as detailed at length in the 100 page inflation mega-trend ebook (FREE DOWNLOAD) that ALL Central banks have NO option but to print money - ALL. Despite rhetoric from the likes of the Bank of England, U.S. Fed and up until very recently the ECB that they had either halted or would not print money. However there IS NO alternative, especially in the face of the global debt crisis.
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Thursday, May 20, 2010
Natural Gas Shale-Shocked in America / Commodities / Natural Gas
By: Dian_L_Chu
Natural gas for June delivery on the NYMEX tumbled 4.24% on Wednesday settling at $4.158/mmbtu. The flaming fuel has rallied 10% this month to an eight-week high of $4.582/mmbtu last week on signs of strengthening demand from factories and power plants as the economy recovers from the Great Recession.
Thursday, May 20, 2010
Gold Gets Political / Commodities / Gold and Silver 2010
By: Adrian_Ash
The Punch-and-Judy distraction of Glenn Beck vs. Brooklyn and Queens' finest...
IT WAS CERTAIN to happen at some point. Because we all have a choice – "a choice between the natural stability of gold and the honesty and intelligence of the members of government," as the playwright and early Socialist George Bernard Shaw put it.
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Thursday, May 20, 2010
The New Truth About Natural Gas Could Shock the Market / Commodities / Natural Gas
By: Keith_Schaefer
Investor sentiment is changing – to the positive – on natural gas. Despite record or near record injection levels into storage in the US most weeks, gas prices have remained steady or even risen. The number of drill rigs actively drilling for gas has barely budged, though it has been down in the US three of the last four weeks.Read full article... Read full article...
Thursday, May 20, 2010
Gold, Crude Oil, U.S. Dollar and SP500 Technical Trading Report / Commodities / Gold and Silver 2010
By: Chris_Vermeulen
It has been an interesting week in the market as stocks and commodities push to extreme support levels. Below I have posted some charts showing where the market is currently trading at and what I think is likely to unfold.
Thursday, May 20, 2010
The GeoThermal Option for the Economic Recovery of Iceland / Commodities / Renewable Energy
By: Open_Foundation
Geographical Situation. Iceland has a geographical unique location on the collision/edge of two huge tectonic
plates: the European and the North American. Due to this the nuclear fusion driven endless heath of the earth
core ‘has a hot fold to the earth’s surface’ in Iceland. This creates possibilities to harvest geothermal on the low
height parts of the fault. The tectonic fault is a line from north to south on Iceland. Iceland also is surrounded by
the high seas, which can deliver abundant water need for the geothermal energy harvesting process.Read full article... Read full article...
Thursday, May 20, 2010
Gold, Silver Market Manipulation, CFTC Aftershocks / Commodities / Market Manipulation
By: Jennifer_Barry
On March 25, fifteen individuals selected by the US Commodity Futures Trading Commission (CFTC) testified to that body on proposed position limits for the precious metals markets. One big surprise was the inclusion of Bill Murphy, Chairman of the Gold Anti-Trust Action Committee (GATA). Although his organization has been blacklisted by the mainstream American media, he was able to enter some of GATA’s eleven years of research into the public record. Although only allowed to speak for a few minutes, Murphy’s testimony covered territory ranging from the “strong dollar” policy, the lack of transparency from the Federal Reserve on gold swaps, and the CFTC’s own stalled silver market investigation.
Thursday, May 20, 2010
Resources Investors, Don't Get Hung Up on Negative Mainstream Press Headlines / Commodities / Resources Investing
By: The_Gold_Report
One of the first things mainstream journalists in Western media learn is how to tease angles out of stories that play on fear, scandal and disaster. Good news is no news. Bad news sells. If it bleeds, it leads. As historian, political writer and Guardian columnist Timothy Garton Ash observed, "Many Chinese City Dwellers Moderately Content with Rising Standard of Living" isn't a headline that would sell a lot of papers. Resource Opportunities Editor and Publisher Lawrence Roulston would agree. "The media has a huge bias toward the negative side of any story," he tells The Gold Report in this exclusive interview. Investors focusing on scary headlines, he argues, are missing out on phenomenal opportunities developing on the other side of the world—namely Asia and, particularly, China. His advice? "Take a broader, longer-term view of the world."
Thursday, May 20, 2010
Gold's Sell-Off a Correction in Ongoing Bull Market / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
Now that all of the "I told you so's," and market "revisionists" are telling us that gold is a terrible "defensive position" and no one should have thought otherwise, let's have a look at what the multi-month technical set-up indicates in the SPDR Gold Trust (NYSE: GLD).
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