Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, April 26, 2010
Gold Rises to New Record High in Euros and Swiss Francs / Commodities / Gold and Silver 2010
Gold dipped to $1,135/oz early in New York before dipping rising sharply to close with a gain of 0.95%. Gold closed last week some 2% higher in dollars and 3% higher in euros. It has dipped from $1,159/oz to $1,155/oz in Asian and European trading this morning. Gold is currently trading at $1,155/oz and in euro and GBP terms, at €867/oz and £748/oz respectively. Gold has surged to new nominal record highs in Swiss francs and in euros (see charts).
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Monday, April 26, 2010
The Imminent Crash Of The Oil Supply / Commodities / Crude Oil
Nicholas C. Arguimbau writes: What Is Going To Happen And Why Weren't We Forewarned?
Look at this graph and be afraid. It does not come from Earth First. It does not come from the Sierra Club. It was not drawn by Socialists or Nazis or Osama Bin Laden or anyone from Goldman-Sachs. If you are a Republican Tea-Partier, rest assured it does not come from a progressive Democrat. And vice versa. It was drawn by the United States Department of Energy, and the United States military's Joint Forces Command concurs with the overall picture.
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Monday, April 26, 2010
Gold Investor Sentiment Surprise, Are We In a Bubble? / Commodities / Gold and Silver 2010
Is gold already in a bubble?News for gold bulls just keeps getting better and better. A few weeks ago the World Gold Council announced it expects China gold-buying to double over the next 10 years.
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Monday, April 26, 2010
E.U. Greece Debt Crisis Impacts on Gold, Silver and Stocks / Commodities / Gold and Silver 2010
The EU raised its estimate on Greece’s deficit to 13.6% of 2009 GDP; and said it may revise it as high as 14.4%. Questions about its bookkeeping and data collection were said to be involved. Moody’s downgraded its sovereign debt rating.
In response, Greek 10-year bond yields rose to over 9%, which is almost three times the comparable German rate. The yield on the two-year note skyrocketed to over 11%. This prompted Greece to formally request the aid package from the European Union (EU) and the International Monetary Fund (IMF). Now the member countries must approve the loans and checks need to be written.
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Monday, April 26, 2010
Gold, Silver, Nat Gas, Oil & SP500 Trading Report / Commodities / Financial Markets 2010
Last week the market slowly recovered from the recent sell off in stocks and commodities. So far the market is unfolding as we expected and with any luck there will be a surge of low risk setups across the market in the near future. Take a look at the charts below.
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Sunday, April 25, 2010
Gold, Economic Recovery and George Soros on the Next Financial Crisis / Commodities / Gold and Silver 2010
Speculation has been rife in the financial press lately about the possibility of another financial market meltdown. It seems that investors are waiting for the proverbial “other shoe” to drop as worries continue to mount over the sustainability of the financial market recovery that began over one year ago.Read full article... Read full article...
Sunday, April 25, 2010
When Gold Fundamentals Don’t Matter / Commodities / Gold and Silver 2010
One of the biggest talking points in the financial world is the direction of Gold. The internet is awash with predictions of price, mostly based on some combination of inflation, money-printing excesses and Chinese demand.
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Saturday, April 24, 2010
Gold, The Best Investments I've Ever Made / Commodities / Gold and Silver 2010
Chris Weber writes: Each middle of April, I mark a sort of anniversary. It was at this time nine years ago, in 2001, when I bought what was for me a large percentage of my assets in gold and gold stocks.
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Saturday, April 24, 2010
The Safest Way to Make Over 1,000% in Silver / Commodities / Gold and Silver 2010
Dr. Steve Sjuggerud writes: "Silver is now more attractive than it has been in decades," my colleague Porter Stansberry wrote to his subscribers.
"Assuming gold hits my target of $2,000 an ounce and assuming the price of gold is 16 times the price of silver," Porter continued, "then silver should be worth about $125 by the time the bull market in silver reaches its peak. Buying today at around $17 [now $18] could earn you better than a 600% profit."
Saturday, April 24, 2010
Housing Market and Positive Earnings Fuel Rise in Oil Prices / Commodities / Crude Oil
Thursday’s (April 22) reports that showed improvements in the number of initial jobless claims and the number of existing home sales for March, along with a string of positive earnings reports this week have helped propel fuel prices over $84.
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Saturday, April 24, 2010
Goldman, Gold, And U.S. Dollar's Influence on Precious Metals / Commodities / Gold and Silver 2010
When gold declined last Friday we were not caught by surprise and neither were our Subscribers. Based on our technical analysis, we gave you a heads up two weeks ago when we said that gold was ready for a decline before resuming its upward climb. But sometimes news can rattle the market, which is what happened Friday when gold hit an air pocket and dove $25 in a few minutes to move very close (or slightly below) the levels mentioned in our Friday update.
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Saturday, April 24, 2010
Finding the No-Brainer Gold Mining Companies / Commodities / Gold & Silver Stocks
Equities and Economics Report writer Victor Gonçalves says he favors "no-brainer" companies, meaning those you don't have to worry about. In this exclusive interview with The Gold Report, Victor highlights several companies—some no-brainers, some promising juniors—and offers his perspectives on long and short-term investor commitment.
The Gold Report: Victor, one of the big headlines since we last spoke is Europe's loan to Greece. Some are calling it an E.U. bailout. As an economist, what's your perspective?
Saturday, April 24, 2010
New Upleg for UltraLong Oil and Gas DIG ETF? / Commodities / Commodities Trading
The hourly candlestick chart of the ProShares Ultra Long Oil & Gas ETF (NYSE: DIG) shows the August rally period, which exhibits bullish form from the August 17 pivot low at 26.43 to the August 25 high at 31.60. After that rally, let’s notice that the pullback to 29.04 yesterday represents an almost exact 50% correction of the prior advance before yesterday afternoon’s initiation of a new upleg.
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Friday, April 23, 2010
Will Gold be Bolstered by the Goldman Sachs Fraud Case? / Commodities / Gold and Silver 2010
Initially the gold price fell on the news of the S.E.C. civil fraud charge against Goldman Sachs in the belief that both they and Paulson’s hedge fund would have to sell their gold holdings. A reaction that was founded on uncontrolled emotions, you would rightly suppose. The reaction was very like gold market after the news that Greece is going to the EU & I.M.F. [because few believe that Greece will correct matters thereafter] for their bailout. The € fell as the Greek crisis impinged on the value of the €. The additional reaction in gold was based on the supposition that gold is tied to the €.
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Friday, April 23, 2010
Silver SLV ETF Divergence / Commodities / Gold and Silver 2010
Launched 4 years ago this week, the SLV silver ETF has proven very successful. With $5.1b in net assets, it already ranks among the top 20 largest ETFs in the US. And the 287m ounces of physical silver bullion it holds in trust for its stock investors is impressive. For comparison, elite market-darling silver streamer Silver Wheaton only produced 17m ounces last year (equivalent to 6% of SLV’s holdings).
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Friday, April 23, 2010
Gold and Silver Big Moves Ahead! / Commodities / Gold and Silver 2010
When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it."….. FREDERIC BASTIAT (From his important book ‘The Law).
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Friday, April 23, 2010
Gold "Crisis Protection" Proven as Eurozone's Greek Bail-Out Begins / Commodities / Gold and Silver 2010
THE PRICE OF GOLD retained a slight weekly gain as the close approached in London on Friday, trading above $1141 an ounce while the Euro bounced – and world stock markets rose – following Greece's formal request for a joint European and IMF bail-out.
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Friday, April 23, 2010
Euro Gold Near Record Highs Due to PIIGS Contagion Risk / Commodities / Gold and Silver 2010
Gold dipped to $1,132/oz in New York before recovering to close with a loss of 0.49%. It has range traded from $1,137.50/oz to $1,143/oz in Asian and European trading this morning. Gold is currently trading at $1,140/oz and in euro and GBP terms, at €859/oz and £741/oz respectively.Read full article... Read full article...
Friday, April 23, 2010
Bullish Green Shoots in EUA Carbon Emissions / Commodities / Commodities Trading
For the best part of a year a consolidation pattern has been unfolding in the EUA (ICE ECX) contract, activity quietening down notably this year. Bears have proved unable to drive the market below key support and, now, an interesting upside break is in process.
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Friday, April 23, 2010
Marc Faber Says Holding Cash Will be a Disaster, Investors Should Accumulate Gold / Commodities / Gold and Silver 2010
Marc Faber explains why investors should not own cash as it is set to be 'a disaster'. He speaks to co-guest host Michael Yoshikami, founder, president and chief investment strategist at YCMNet Advisor, CNBC's Martin Soong, Bernard Lo & Sri Jegarajah, about why investors should accumulate gold instead.
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