Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, May 31, 2010

Gold Up 3% in May as Commodities and Stocks Fall Sharply / Commodities / Gold and Silver 2010

By: GoldCore

Gold is marginally lower and threading water in most currencies today with markets subdued as the London Stock Exchange and Wall Street are closed for a national holidays. It range traded from $1,210/oz to $1,214/oz in Asian and early European trading this morning. Gold is currently trading at $1,213/oz and in euro, GBP, CHF, and JPY terms, at €987/oz, £837/oz, CHF 1,043.64/oz, JPY 110,897/oz respectively.

Monday, May 31, 2010

Gold And The Budget Deficit / Commodities / Gold and Silver 2010

By: Howard_Katz

All gold bugs have fond memories of the year 1979.  In that year, the price of gold rose from $250/oz. to $600/oz.  The reason was not hard to find.  Prices in the U.S. that year rose by 13.3%.  The newspapers were screaming, “Double Digit Inflation.”  Gold was going up sometimes as much as $50 per day.

Sunday, May 30, 2010

Mr Denninger and Gold or Why the Dollar-Deflationists Are Wrong / Commodities / Gold and Silver 2010

By: Gordon_Gekko

Those who know Mr. Denninger know that he, well, for lack of a better word, hates Gold. It only goes to show the level of disinformation and ignorance prevalent in our society when even smart people like Karl fail to get it. From what I hear anybody even mentioning the word Gold runs the risk of being permanently banned from one of his "forums". In a recent commentary entitled "Ten Things for 2010" he was at it again bashing Gold. Here is what he had to say:

Sunday, May 30, 2010

Gold Up Days Not as Strong as Down Days / Commodities / Gold and Silver 2010

By: Merv_Burak

The previous week we had four down days and one up.  This past week we had four up days and one down.  You would expect we are back to where we started but unfortunately the up days were not as strong as the down days and we are only half way to the previous starting point. 

Sunday, May 30, 2010

European Crude Oil Supply Competition for Russia / Commodities / Crude Oil

By: Pravda

Russia has been traditionally positioning itself as the prime source of hydrocarbon raw materials for Western Europe. However, European countries also have crude reserves, although they are not enough to cover the current level of oil consumption on the continent. Europe receives most of its oil from the North Sea, where Norway and Britain set their rules.

Saturday, May 29, 2010

The Wall Street Journal Hates Gold, Missed the Whole Bull Market / Commodities / Gold and Silver 2010

By: Gary_North

Brett Arends writes for the Wall Street Journal. He is a standard Establishment financial journalist. They are all anti-gold. I have read these people for 50 years. They never change. Their arguments never change: stupid. Their timing never changes: bad.

They ignore gold when it is at the bottom. They ignore it when it has doubled. When it has tripled, they write articles on why it's not a good investment, because it is overbought. When it has quadrupled, they call it a bubble.

Saturday, May 29, 2010

Asian Natural Gas Market Starting to Heat Up / Commodities / Natural Gas

By: OilPrice_Com

Asia is one of the more interesting gas markets in the world.

Places like Thailand and its southeast Asian neighbors have seen phenomenal demand growth over the last several years. Total has said they're in Thailand for gas. (Part of the reason I believe Thai shale gas may become an interesting play over the coming years.)

Saturday, May 29, 2010

Carmel Daniele Says Gold Will Rise and Sky Won't Fall / Commodities / Gold and Silver 2010

By: The_Gold_Report

London-based CD Capital Founder Carmel Daniele has seen these sorts of market jitters before, and insists there is little to worry about in this exclusive interview with The Gold Report. "Most people sell in May and go away. It happens every year," she says. The self-assured Daniele launched the CD Private Equity Natural Resources Fund in 2006 to tap into what she calls a commodity super-cycle. She says that despite a recent dip in the copper price, the super-cycle is in good form, and she envisages gold nearing $2,000 within 12 months. She also recommends you take advantage with some promising junior gold plays in Colombia.

Friday, May 28, 2010

Gold and Silver Mining Stocks Rising and Falling with the General Stock Market? / Commodities / Gold and Silver 2010

By: Przemyslaw_Radomski

Since our previous essay dedicated to the general stock market and its influence on the PM sector generated a lot of positive feedback we decided to provide you with a follow-up. However, before jumping straight into the chart analysis, let's focus on the big picture.

Friday, May 28, 2010

Coppers Wild Bull Market, SPX Usurps Stockpiles / Commodities / Metals & Mining

By: Zeal_LLC

From boring industrial metal to commodities superstar, copper’s wild bull market has been full of excitement.  Its huge 475% run from its 2003 low to 2008 high made investors fortunes.  Its subsequent panic-driven 69% plunge was catastrophic.  And then copper’s resilient 183% post-panic recovery to its recent April high has been breathtaking.

Friday, May 28, 2010

China Reassures Global Markets and Promotes Yuan Denominated Gold Investments / Commodities / Gold and Silver 2010

By: GoldCore

Gold edged higher again yesterday on a continuing safe haven bid due to various macroeconomic and geopolitical risks and has fallen marginally in trading today. Gold is currently trading at $1,206.48/oz and in euro and GBP terms, at €976.43/oz and £830.34/oz respectively.

Asian stock markets rose, European markets are mixed, and US markets are down. This is despite a big rally on Wall Street yesterday which was attributed to China's reassuring expression of confidence in Europe's ability to restore financial stability. This has, for the moment anyway, alleviated concerns about the eurozone's debt crisis and the euro itself.

Friday, May 28, 2010

Get Your Gold and Silver Coins Now / Commodities / Gold and Silver 2010

By: Sean_Brodrick

Wall Street is busy telling us “Crisis Averted.” Average investors don’t think so. How do I know? Because sales of gold and silver coins are SOARING!

I’m not just talking about Europe. Sure, the euro seems to be in a doom dive and may even be headed for oblivion. So you can’t blame the Europeans for lining up to buy gold bullion and coins.

Friday, May 28, 2010

Lake Erie Wind Farm to be First Freshwater Offshore Project in U.S. / Commodities / Renewable Energy

By: OilPrice_Com

The first step in an ambitious project to generate 1,000 megawatts of electricity from offshore wind turbines in Lake Erie was taken this week with an order to General Electric for five massive turbines.

Friday, May 28, 2010

Agri-Food Trends, Volcano Disappoints and Greece Fades / Commodities / Agricultural Commodities

By: Ned_W_Schmidt

While still having hopes for the Icelandic volcano, we must accept for now the disappointing reality that a great calamity will not be generated by this hot little mountain. Maybe next time it will better serve our inner desire for something meaningful. Greece is fading and the volcano disappoints. Oh well, maybe next month.

Friday, May 28, 2010

Gold's latest "Buy" signal... / Commodities / Gold and Silver 2010

By: Money_Morning

Martin Hutchinson writes: You can see signs of de-globalization everywhere. Just look at the intense shareholder opposition to Prudential PLC's proposed takeover of the Asian operations of American International Group Inc. (NYSE: AIG).

And that's just one example.

Friday, May 28, 2010

Gold Bulls Well-Placed to Drive Higher / Commodities / Gold and Silver 2010

By: Seven_Days_Ahead

The recent breach of last December’s peak was brief, but the current chart structure does not indicate fatigue. Higher prices are likely before better resistance could be seen.

Thursday, May 27, 2010

Professor Niall Ferguson Says Don't Buy Gold, Wrong Again? / Commodities / Gold and Silver 2010

By: Adrian_Ash

Phew! That was a close call from our tenured contrarian indicator...

YIKES! FOR ONE awful moment just then, I thought maybe the top was in.

Thursday, May 27, 2010

New Upleg for Gold GLD ETF / Commodities / Gold and Silver 2010

By: Mike_Paulenoff

Is the "re-risk" trade back on for gold? Last week everyone was "de-risking," remember? The pattern carved out in the SPDR Gold Shares (NYSE: GLD) since the May 12 all-time high at 122.24 argues that major "de-risking" (otherwise known as profit-taking) emerged into the May 21 low at 114.01 (-7%).

Thursday, May 27, 2010

Crude Oil Prices Back Above $73 / Commodities / Crude Oil

By: LiveCharts

Crude oil prices climbed significantly early Thursday (May 27) morning in New York Mercantile electronic trading.  After dipping below $70 for a few days thanks to European troubles and the BP oil spill, oil has returned to the $73 level based on speculator expectation for positive US economic news.

Thursday, May 27, 2010

Finally, Precious Metals ETFs I Can Safely Recommend / Commodities / Gold and Silver 2010

By: DailyWealth

Chris Weber writes: In all the years I've recommended owning precious metals, I've preferred people buy and store actual gold, silver, or platinum.

But this is not always possible or convenient for at least some portion of people's money. That's why since the first gold exchange traded fund came out a few years ago, I spotlighted it.