Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, July 01, 2010
Gold Heading for $2000+, Hunting for Gold Mining Stock Treasures / Commodities / Gold and Silver 2010
Financial Commentator and Market Analyst Peter Grandich, who sees no end in sight to the "mother of all gold bull markets," expects the price of the yellow metal to climb past $2,000+ before the ride eventually comes to an end. But while gold has been riding high, its glitter isn't blinding Peter to the opportunities others may be overlooking. In this exclusive Gold Report interview, he shares some of his favorite gold juniors, as well as a mix of players in the cobalt, lithium, uranium and iron ore niches.
The Gold Report: Peter, you accurately forecast the market crash of 1987, the peaks of 2000 and 2007 and the bottom in 2009. Where is this volatile market headed now?
Wednesday, June 30, 2010
Gold Market Trend Review, The Bull Bear Debate / Commodities / Gold and Silver 2010
There’s a lot of buzz about whether the gold market continues higher, or whether it’s time for a correction. The short answer is both are still a viable option.
Below is the daily chart of GLD. It’s grinding higher within a narrowing band of resistance and support trend lines. It looks tired based on divergences on both the RSI and MACD.
Read full article... Read full article...
Wednesday, June 30, 2010
Is the Gold Bull Market Complete? / Commodities / Gold and Silver 2010
Is it conceivable, is it even possible that the gold bull market is complete, finished, and over for this cycle? This REPORT presents evidence that suggests we maintain a cautious attitude towards the gold complex. We know that gold bugs rant and rave about the price exceeding $3,000, $6,000, and now $10,000 an ounce. However, there may, at the very least, be somewhat of a delay and decline before the price of gold reaches those levels (if ever).
Read full article... Read full article...
Wednesday, June 30, 2010
Gold Mining Stocks on Verge of Breaking Out! / Commodities / Gold & Silver Stocks
The long-term story for a gold and a gold mining stocks bull market is clear and easy to grasp: Dubious monetary policy and irresponsible fiscal policy with government debt rising all over the world are a surefire recipe for a surging demand in gold.
Toss in stagnant or even declining supply, and you have all the ingredients for much higher gold prices.
Read full article... Read full article...
Wednesday, June 30, 2010
Gold Consolidates Near Record Highs Up 12% in Quarter; Silver Up 6% / Commodities / Gold and Silver 2010
Risk aversion led to falls in equity and commodity markets yesterday but gold again managed to eke out a 0.5% gain. The complacency of recent months is being challenged by a raft of negative data and by increasingly precarious fundamentals. Concerns about Chinese and global economic growth and about the European banking system and sovereign debt are leading to continuing diversification into gold.
Read full article... Read full article...
Wednesday, June 30, 2010
Gold Adds 12% for Q2 as S&P Drops 11%, Forex "Echoes 2008" Meltdown / Commodities / Gold and Silver 2010
THE PRICE OF BOTH gold and silver bullion ticked higher from yesterday's sell-off early in London on Wednesday, rising as Asian stocks caught up with Wall Street's sharp losses but European shares rallied.
Recording an AM London Gold Fix of $1240.50 per ounce, gold stood almost 12% higher in Dollar terms for the second quarter of 2010.
Wednesday, June 30, 2010
Commodities Are Key as China Continues to Call the Shots / Commodities / Investing 2010
Jon D. Markman writes: China ended up being the big story this month, as investors looked past Europe to the Far East for clues about what shape the global recovery - if you can even call it that - is taking.
Read full article... Read full article...
Wednesday, June 30, 2010
Gold, Silver and Austerity Versus Growth / Commodities / Gold and Silver 2010
We will kick off with a look at gold as she dances and teases her way around the previous record highs in a ‘will she or will she not’ frame of mind, as analysts wait patiently for a sign to hit the button. Is that a buy button or a sell button you ask? Austerity versus Growth is now the order of the day.
Read full article... Read full article...
Tuesday, June 29, 2010
Gold, Oil, Spills and Chills / Commodities / Crude Oil
On the rare occasions that political rhetoric seems to understate a problem, it’s big. BP has a big problem in the Gulf of Mexico, which they are now properly laying out. Blaming the company for the spill is possibly a bit overdone since it was after all an accident. However, claiming they and by extension the industry haven’t been responsible enough with the work seems to be on the mark. This spill is going to impact deep water oil exploration and extraction for years to come. The cleanup will continue through the year, as will discussion of alternate energy sources.
Read full article... Read full article...
Tuesday, June 29, 2010
Gold and the G20 Summit / Commodities / Gold and Silver 2010
World leaders met at the G20 in Toronto to discuss how they will work to get the global economy moving again. If you're new to the global economic forums like these, you might think that they're actually productive. However, if you've been around long enough to follow them for a few years, you'd realize that politicians from the top 20 economic countries show up just to lay out their idealistic plans that they'll never really complete.
Read full article... Read full article...
Tuesday, June 29, 2010
Gold Price Sizzles As the U.S. Economy Fizzles / Commodities / Gold and Silver 2010
Chris Blasi writes: The straight-faced dissemination of transparently amateurish "official analysis" these days loudly proclaiming that an economic rebound is underway is so blatantly short on truth that it reveals a disturbing level of desperation to raise confidence.
Read full article... Read full article...
Tuesday, June 29, 2010
Crop Cycles and Agri-Food's Price Inelasticity / Commodities / Agricultural Commodities
Investment world has many saying that have come down from those that went before us. They learned those lessons the hard way, by paying for them. We have been told, for example, that bears get rich and bulls get rich, while pigs are made into bacon. Many simply ignore the wisdom of the ages. In doing so, they must learn from their own mistakes rather than learning from those mistakes paid for with someone else's money.
Read full article... Read full article...
Tuesday, June 29, 2010
Gold Plunges From Important Top as Global Stocks Slump / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in wholesale dealing fell further in London on Tuesday morning, extending its drop to almost 2.5% from yesterday's near-record high, as world stocks sank and commodity prices also dropped.
Government bonds rose, pushing 10-year US Treasury yields down towards 3.0%.
Tuesday, June 29, 2010
Short Squeeze in Coffee and Sugar Could Soon be Seen in Gold and Silver Market / Commodities / Gold and Silver 2010
Gold rose to nearly touch its record nominal high of $1,264/oz yesterday and reached a new record London PM fix at $1,261/oz at 1500 GMT. Gold then came under severe selling pressure despite no ostensible market moving data. Gold has traded sideways in Asian and early European trading despite stock markets falling on renewed risk aversion. European debt and funding concerns remain and are being added to by concerns about the economic recovery. China's stock market fell a very sharp 4% overnight on growth concerns and this has contributed to risk aversion.
Read full article... Read full article...
Tuesday, June 29, 2010
Fractional Gold And Silver Accounts / Commodities / Gold and Silver 2010
Deceit becomes fraud only when you can’t deliverMany of those interested in Austrian economics have been waiting for what Austrian economist Ludwig von Mises called the crack up boom. My advice: Don’t wait. The crack-up boom may already have happened. Get ready for what’s next.
Tuesday, June 29, 2010
Is Gold About To Peak? / Commodities / Gold and Silver 2010
Let me first start by saying I’ve been a long term “Gold Bull” since the fall of 2001, based both on economic factors as well as Elliott Wave patterns that I think are clear on Gold’s Bull rise. As we are now almost in a Fibonacci 21 months of Gold rally off the October 2008 bottom, I think this pattern is getting long in the tooth.
Read full article... Read full article...
Tuesday, June 29, 2010
Gold Miners and Explorers Face Serious Supply Problems / Commodities / Gold & Silver Stocks
Geologist Brent Cook, of Exploration Insights, in this exclusive article for The Gold Report, takes a look at the major gold mining companies' dilemma—declining production as the gold price is hitting record levels. He also explains how the junior gold explorers are confronting a similar dilemma—fewer legitimate exploration properties with the real potential to host a major economic deposit. The rare micro-cap company that discovers a meaningful gold deposit is immediately in the sights of the cash-rich gold mining companies in need of new reserves. More importantly, anyone owning these junior companies, a few of whom are mentioned later, stands to make a substantial profit.
Read full article... Read full article...
Monday, June 28, 2010
Gold Price Dips! / Commodities / Gold and Silver 2010
"The greatest of all infidelities is the fear that the truth will be bad." --- Herbert Spencer - (1820-1903) British author, economist, philosopher
We might as well start the week out right and talk about gold. Today we see typical behavior with respect to the yellow metal as it grew gradually stronger in the morning as the spot price traded as high as 1,263.90. Then at 11 am EST someone came in and knocked the price down to 1,234.70 in a matter of thirty minutes or so. Right now at 12:35 am EST the spot price is trading at 1,242.50, and if things run true to form, the spot price will eventually crawl its way back up toward unchanged, or maybe even slightly higher. We saw similar reactions last week, it’s a commonplace occurrence going back more than a month, and investors find it upsetting. I know it upsets them because I read their e-mails! The problem is a matter of perception.
Read full article... Read full article...
Monday, June 28, 2010
Did the G-8 Push Us Closer to Gold Confiscation? / Commodities / Gold and Silver 2010
The global economic recovery is not looking good. The G-8 meeting this weekend saw divisions that could lead [as the I.M.F. put it] to losses of trillions of dollars and millions of jobs. Now it is reported that Mr. Bernanke and his close allies at the board in Washington are worried by signs that the U.S. recovery is running out of steam. The E.C.R.I. leading indicator published by the Economic Cycle Research Institute has collapsed to a 45-week low of -5.7 in the most precipitous slide for half a century. Such a reading typically portends contraction within three months or so.
Read full article... Read full article...
Monday, June 28, 2010
Gold Price Manipulation Prior to Options Expiration Exposed / Commodities / Market Manipulation
Gold futures expire today, June 28th. If you follow the manipulation theories, it is just prior to expiration time, either in futures or options, that paper shorts increase their net short positions in order to manipulate precious metals (and stocks) downward. This allows the manipulators to profit as the contracts they sold to unwitting investors expire worthless. The sudden drop in price also provides an opportunity for the shorts to cover their positions, profiting via paying back their creditors with lower priced gold or equities.
Read full article... Read full article...