Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, May 01, 2010
Economic Data, BP Oil Spill Push Crude Prices Higher at End of Week / Commodities / Crude Oil
Oil Market Summary for: 04/26/2010 to 04/30/2010Stubbornly high crude oil inventories continued to stymie bulls through the middle of the week, but the market seized on positive economic data to push prices higher toward the end of the week.
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Saturday, May 01, 2010
Gold Still Glitters! / Commodities / Gold and Silver 2010
Gold bullion is at a new high for the year, and has rallied more than 10% since February. Yet it has not attracted the excitement among investors and the media that its rallies usually generate. That may be an indication it has further to go on the upside, since excessive excitement about a gold rally is usually seen before its rallies end.Read full article... Read full article...
Friday, April 30, 2010
Why You Shouldn’t Believe OPEC’s Crude Oil Reports / Commodities / Crude Oil
Marin Katusa, Senior Editor, Casey’s Energy Opportunities writes:
In December 2008, after OPEC warned of “substantial cutbacks,” I voiced my strong opinion that the members of the Dirty Dozen would cheat, because cartels always cheat. Sure enough, despite all the talk about production cutbacks, even more oil flowed out of OPEC.
The harsh truth is that the whole honor and brotherhood thing may work for the Three Musketeers, but it’s a non-starter when, like the OPEC members, you have to foot the bill for hefty social programs.
Friday, April 30, 2010
Another Rally in Stock Market Indices and Gold? / Commodities / Gold and Silver 2010
Three weeks ago we've commented on the link between the general stock market and gold, but since the situation has changed significantly since that time, we would like to provide you with a follow-up.
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Friday, April 30, 2010
Today’s Most Important Gold Price Points / Commodities / Gold and Silver 2010
Ever since the price high of 1227 in December, gold has been in a trading range. The most recent rally has brought gold to the upper ceiling of that trading range and the question now is whether this move will propel gold higher and above the trading range, whether we in for more sideways action or a seasonal correction.Read full article... Read full article...
Friday, April 30, 2010
Strong Technical Signs for Silver SLV ETF / Commodities / Gold and Silver 2010
is staggering to think that spot gold prices have rocketed well beyond the January 1980 high, while spot silver prices are about 60% off of the 1980 high! Let's notice that the silver price structure is heading for a confrontation with its long-term resistance line, now at $19.54, which if hurdled and sustained just might be the catalyst for upside acceleration that plays catch-up in a hurry with the advance in gold prices. In any case, my work points to an approaching confrontation with the 1980-2010 resistance.
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Friday, April 30, 2010
Junior Gold Mining Exploration Stocks / Commodities / Gold & Silver Stocks
Since most countries accurately report mine output, and several agencies catalog this information, we know where in the world gold is being produced. But where in the world are the juniors exploring for gold? Are they spinning their drills proportionate in geography to where the miners are operating? I hear questions like this all the time, but unfortunately there is no collective means of knowing where the juniors are concentrating their efforts.
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Friday, April 30, 2010
Crude Oil Outlook: This Indicator Says Buy Now / Commodities / Crude Oil
Is oil’s run over? Is $85 too far, too fast for oil prices? Is too late to buy?Investors are faced with a lot of touch questions about oil now. However, one little-known indicator is flashing “buy.” And the last time two times it did that oil prices more than doubled each time. Here’s the set-up.
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Friday, April 30, 2010
Gold and Silver Near 2010 Highs, Safe Haven Premium Supported by Credit Risks & Rising Liquidity / Commodities / Gold and Silver 2010
THE PRICE OF GOLD rose to a near 5-month high in Dollars in London on Friday, adding 1.4% from last week's finish as the long May Bank Holiday weekend drew near.
A rally in Asian stock markets faded in Europe, but the Euro jumping back above $1.33 on rumors of a weekend deal for an Athens bail-out.
Friday, April 30, 2010
Silver Investing Lessons from the Name of God / Commodities / Gold and Silver 2010
I just got back from Mexico, where I saw a group of silver-zinc-lead mines with enormous potential. It’s no surprise to find silver in Mexico — in fact, the silver district I visited produced its first silver for Spanish conquistadores. And the Spaniard with his boot firmly on the neck of the local Indians was none other than Hernán Cortés de Monroy y Pizarro, better known to us gringos as Hernando Cortez.
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Friday, April 30, 2010
Silver Surges to $18.68/oz Breakout Could Lead to March 2008 Record High of $20.88/oz / Commodities / Gold and Silver 2010
Gold reached new 2010 high in dollars (over $1,175 per ounce) in Asian trading overnight and again Europe this morning (over $1,177 per ounce) as investors continue to allocate funds to gold in order to hedge sovereign debt contagion risk. Gold was marginally lower in dollar terms yesterday but rose sharply in Asian trading with unusually strong Japanese buying and this buying has continued in early European trade.
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Friday, April 30, 2010
The Only Gold Indicator You Need / Commodities / Gold and Silver 2010
Dr. Steve Sjuggerud writes: "So… where's the big gold bull market?" I asked John Doody over lunch yesterday.
John writes the excellent Gold Stock Analyst newsletter, where he takes a deep look into gold and the major gold stocks every month. Before starting the newsletter in the early 1990s, John was an economics professor. Right now, John and I are at a conference on Maryland's Eastern Shore.
Friday, April 30, 2010
World Gold Council Q1 2010: Record Investment Demand for Gold / Commodities / Gold and Silver 2010
World Gold Council released their Q1 2010 report analyzing demand trends for gold in the first quarter of 2010.
Noted below is an excerpt of the report. Happy Reading!
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Friday, April 30, 2010
Gold Prospers After Break From the U.S. Dollar / Commodities / Gold and Silver 2010
The Technical Trader’s view:
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Friday, April 30, 2010
Grains Commodity Trading, Wheat to Springeth Green? / Commodities / Agricultural Commodities
The recent downward phase in Wheat (CBOT) began after the Nov-09 high, but evidence has been emerging of a loss of bear interest and we are now on the lookout for a recovery attempt.
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Friday, April 30, 2010
Gold Prices Update 30 April 2010 / Commodities / Gold and Silver 2010
No doubt about it we live in very interesting times as the speed of change does appear to be accelerating right before our very eyes. The European credit based party is coming apart at the seams as Spain gets the thumbs down from the S&P.Read full article... Read full article...
Thursday, April 29, 2010
Huge Bets Against Natural Gas... Me? I'm Buying! / Commodities / Natural Gas
I've made the most money in my investment career doing one simple thing: Buying what's cheap and hated.
The cheaper, and the more hated, the better the returns.
Thursday, April 29, 2010
Uranium Demand Outstrips Supply / Commodities / Uranium
Encompass Fund founders Malcolm Gissen and Marshall Berol see the demand for uranium continuing to increase in the coming years, meaning an increase in uranium prices. As more nuclear power plants come online around the world, the need for more uranium will increase. In this exclusive interview with The Energy Report, Malcolm and Marshall talk about the uranium companies they think provide good opportunities for investors, as well as opportunities in other energy sectors.
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Thursday, April 29, 2010
Gold Targets $1226 as Greece Is Declared Bankrupt By Germany / Commodities / Gold and Silver 2010
THE PRICE OF GOLD ticked lower on Thursday morning in London, drifting 0.6% from yesterday's 4-month high for Dollar investors as stock markets rose with the Euro on calls for a sudden resolution to the Greek government-debt crisis.
Commodities rallied almost 1% on average as crude oil rose back above $84 per barrel.
Thursday, April 29, 2010
Gold and ‘The’ Parabolic Peak / Commodities / Gold and Silver 2010
Frequently we are told that gold will go to $2,000, $3,000 or more. We will not get into all of the arguments of attempting to arrive at a reasonable price based on supply/demand, inflation/deflation, etc. but rather to see if there is a pattern we can detect from reviewing some historical charts.
Sometimes we hear in the press that gold is in a bubble or has gone parabolic. What does all of this mean to investors and how do we make decisions based upon these statements?
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