Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, March 21, 2010
Gold Rally Disintegrates on Friday / Commodities / Gold and Silver 2010
Four up days almost all disintegrated in one day. We seem to be getting too many sharp down days over the past few months, or is that just an illusion?
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Saturday, March 20, 2010
Investment Mega Trends, A Dangerous Mix of Water and Oil / Commodities / Investing 2010
Oil and water aren’t supposed to mix, but these two resources could brew up plenty of trouble in the near future. In recent issues, I’ve told you how I think oil prices are going to be squeezed higher. As for water, both the CIA and the World Bank have identified water as one of the key flashpoints of the 21st Century. And it turns out you can’t get oil without water. There are some moves you should be making in your portfolio to protect against this, and potentially profit as well.
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Saturday, March 20, 2010
Crude Oil Futures Slip as Funds Increase Bet on Higher Prices / Commodities / Crude Oil
Crude oil futures kept falling back from highs even though speculative funds increased their bets that prices are headed higher. The benchmark West Texas Intermediate contract ended the week at $80.68 a barrel, after nearing $83 earlier in the week, compared to $81.24 a week ago.
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Saturday, March 20, 2010
Lithium Commodity Investing, Hot Now, Soon to Sizzle / Commodities / Metals & Mining
Lithium, the flavor of the year, is in high demand—powering everything from hybrid cars to laptops and cell phones. In this exclusive Gold Report interview, Byron Capital Markets lithium analyst Jon Hykawy discusses key drivers for lithium, as well as vanadium. He also recommends a few names in the still-small space, adding "these are early days;" the opportunities emerging should benefit the producers and investors.
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Friday, March 19, 2010
Is it better to buy Gold Bullion or Gold Shares? / Commodities / Gold & Silver Stocks
Global equity markets have changed over the last three years, investor capacities and capabilities have changed as have interest rate patterns. This makes it incumbent upon investors to re-examine this question from the ground up.
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Friday, March 19, 2010
Are the Precious Metals Stocks Breaking Higher or Topping Out? / Commodities / Gold & Silver Stocks
In the March 5th commentary, we've summarized that signals coming from the analysis of the PM stocks' charts currently don't give us very precise signals, which may mean that they are to trade sideways for some time instead of making a sharp move in any direction, but there are other signals (…) that we may be near a local top.
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Friday, March 19, 2010
HUI Gold Stocks Post Panic Recovery / Commodities / Gold and Silver 2010
Gold stocks continue to face a stiff psychological headwind. As measured by their flagship HUI index, they were ripped to shreds in late 2008’s brutal stock panic. In only 13 trading days, the HUI plummeted 49%! Many gold-stock investors simply gave up after seeing the HUI hit its worst levels in over 5 years.
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Friday, March 19, 2010
Gold Nears New Euro Record High / Commodities / Gold and Silver 2010
THE PRICE OF GOLD was little changed for US investors in London on Friday, heading for a 2% weekly gain as the Dollar rose against everything on the forex market but the commodity-currencies of Canada and Australia.
European stock markets pushed 1% higher from last Friday's close, while Euro and Sterling bonds both fell with their currencies.
Friday, March 19, 2010
Gold and Stocks 1-2-3 Reversal / Commodities / Gold and Silver 2010
Today will be the 28th day of the rally out of the February 5th bottom. We are now in the trading band for the daily cycle in stocks to bottom. (The cycle rarely lasts much longer than 35-40 days). So, as I said in my last post, we are due for a short breather any time now.
Friday, March 19, 2010
Sterling Gold Near Record Highs as General Election Looms / Commodities / Gold and Silver 2010
Gold went from as low as $1,119/oz up to $1,128/oz in US trading before closing with a gain of 0.32%. It has range traded from $1,120/oz to $1,125/oz in Asian and European trading this morning. Gold is currently trading at $1,123/oz and in Euro and GBP terms, at €827/oz and £741/oz respectively.
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Friday, March 19, 2010
Gold and Hyperinflation, Watch the Bond Market Not Bank Lending or Velocity / Commodities / Gold and Silver 2010
A few weeks ago we wrote about the true cause of hyperinflation, which is a major break or failure in the bond market. It has nothing to do with demand, bank lending or the velocity of money as many have suggested. It is a confidence issue. It is not a rise in inflationary expectations but a loss of confidence in a country being able to repay its debts. As confidence is lost, interest rates rise. Monetization occurs when the cost of servicing the debt consumes too much of the overall budget, so that the government can’t provide basic services or loses its ability to function on a day-to-day basis.
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Friday, March 19, 2010
What May Trigger A Spring in Wheat? / Commodities / Commodities Trading
Wheat prices have continued to drift back this year, recently approaching last year’s low. In the Commodity Specialist Guide we have stuck to a bearish outlook, but it is now useful to consider what would provide a s/term bull trigger.
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Thursday, March 18, 2010
Gold, In the Shadow of the Castle / Commodities / Gold and Silver 2010
David Galland, Managing Director, Casey Research writes: These days it takes very little to set me off on yet another rant against the American political class – a proxy for governments the world over.
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Thursday, March 18, 2010
New Gold GLD ETF Upleg? / Commodities / Gold and Silver 2010
Gold should not be up today, but it is. The strength of the dollar against the euro and the yen usually has a negative impact on gold, but something else appears to be going on that the price pattern and technicals are warning about.
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Thursday, March 18, 2010
Silver SLV ETF / Commodities / Gold and Silver 2010
In our first crack at this, I felt that SLV was vulnerable. In the article, "As A Corollary To A Higher Dollar....GLD, GDX, SLV", I stated: "it is my expectation that precious metals will be under pressure." In this market, where almost all assets move in one direction, SLV got slammed over the next 2 weeks. Good call!
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Thursday, March 18, 2010
Gold & Silver Trend Higher as Germany Cancels Greek Debt Crisis Rescue / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in the wholesale bullion market bounced up from its second dip in two sessions to $1120 an ounce as the US opened for business on Thursday, pushing higher for Sterling and Euro buyers as world stock markets held flat.
"The equities markets have been a bit firmer," said one commodities strategist in Sydney to Reuters overnight. "That's probably taken a little bit of interest away from gold.
Thursday, March 18, 2010
Will Gold and Silver Investors Ever Get a Tax Overhaul? / Commodities / Gold and Silver 2010
With tax time right around the corner, investors of all types are preparing their finances to determine their final tax burden. While some investors are paying as little as 15% on their capital gains, precious metals investors are stuck paying 28% – but perhaps not for long.
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Thursday, March 18, 2010
Why PM Investors Should Ignore the Dollar Index / Commodities / Gold and Silver 2010
Often thrown around as the end-all solution for tracking the value of the US dollar, the dollar index is one of the poorest indicators for the true performance of the currency itself. Silver investors who pay heed to the dollar index will certainly be led astray, as there are fundamental reasons why the index simply is not accurate.
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Wednesday, March 17, 2010
He Who Has the Gold Makes the Rules / Commodities / Gold and Silver 2010
The decline of the West, measured in tonnes...
AS THE AGE-OLD Golden Rule puts it, "He who has the gold makes the rules" – an historical fact proven most recently by the United States' dominance of global monetary politics since WWII.
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Wednesday, March 17, 2010
Gold Support "Increasing" After Fed Sticks at Zero, China Told to Raise Rates / Commodities / Gold and Silver 2010
THE PRICE OF BULLION gold in the wholesale London market touched a 7-session high against the Dollar early on Wednesday, slipping back as US inflation data came in tamer than expected, and China was advised by the World Bank to tighten its interest rates.
The Euro rose to its best Dollar-value in almost 5 weeks after the Federal Reserve maintained its zero-rate stance in Tuesday's policy announcement.