Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, February 21, 2010
Research On the Central Fund of Canada Screams "Buy Precious Metals and Miners"! / Commodities / Gold & Silver Stocks
I was doing some research on the Central Fund of Canada (ticker: CEF), which is a form of "paper" Gold and silver with a long track record and a much better counterparty risk profile than dangerous Gold ETFs like GLD. Now, CEF generally holds about 60% Gold and 40% silver, so it is not a "pure" Gold fund. I don't recommend paper Gold to anyone before they have established a physical position in Gold as an insurance policy that can always be cashed in when needed. I am not affiliated with nor am I recommending for or against CEF - you must due your own due diligence!
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Sunday, February 21, 2010
Goldonomics, The Economics of Gold / Commodities / Gold and Silver 2010
Gold Economics is an art in itself and I think B-Schools should start introducing this as part of their courses. Of special mention should be the study of Gold price suppression and how it is essential for the survival of capital markets. I call it GOLDONOMICS: The Economics of Gold.
Attached is summary of latest demand – supply situation and concluding remarks on Gold prices forecast.
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Sunday, February 21, 2010
Gold Stuck Below $1130, Waiting to Take Off / Commodities / Gold and Silver 2010
The wedge was broken on the up side but still gold is stuck below $1130. Maybe this week it will take-off. The daily volume, however, is not encouraging.
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Sunday, February 21, 2010
I.M.F. 191.3 tonnes Gold Sale, What Does it Really Mean? / Commodities / Gold and Silver 2010
When India announced its purchase of 200 tonnes, it added a statement that it may buy more of the I.M.F. gold. This implied that it was limited by the I.M.F to 200 tonnes. But the I.M.F. never said that. Rather it said it would announce the sale of any other portion of their gold to the public. It has been several months since another sale has taken place. Now with this announcement, we are given the impression that central banks have not come forward to buy and are not buyers. Talk about 'spin'!
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Friday, February 19, 2010
Precious Metals' Fake Rally or Beginning of Another Strong Move Up? / Commodities / Gold and Silver 2010
Investing your money in a long-term position can be likened to navigating a ship to port. The compass (fundamental and technical analysis) points you in the right direction as you head out to sea. Even if your ship is sturdy (you have made the right call and are heading in the right direction) every once in a while a big, unexpected wave seems to push you off course.
And without question, since the beginning of the economic crisis, the seas have become especially turbulent.
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Friday, February 19, 2010
Commodity Investing 2010, Palladium Still Shines / Commodities / Gold and Silver 2010
Palladium had the most tumultuous decade of all the precious metals. Although it's hard to imagine today, it started the century more expensive than platinum. While gold and silver were languishing in 2000, palladium was soaring. During the technology bubble, a perceived shortage of tantalum caused producers of cell phones and other electronic gadgets to switch to palladium which was then much cheaper. As the price zoomed, Ford feared that it would not get enough of the element from Russia. The corporation bought large quantities in panic, pushing the price over US$1000.
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Friday, February 19, 2010
Trading HUI Gold Stocks Volume Spikes / Commodities / Gold and Silver 2010
After surging 11.9% higher in just 7 trading days, the flagship HUI gold-stock index is starting to recapture traders’ attention. Right as this rally launched a couple weeks ago, I pointed out this sector’s exceedingly bullish technicals. Since then, I’ve been examining secondary indicators including volume to see if they corroborate the key primary ones.
Trading volume, the number of shares changing hands in a given day, offers a valuable window into the ethereal realm of prevailing sentiment. When traders are complacent and bored, volume dwindles. Few get excited about trading lethargic stocks. But when emotions run high, volume often spikes dramatically. This is the case whether traders are suffering from excessive greed or fear. Volume surges when traders get excited, for any reason, and want to trade more.
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Friday, February 19, 2010
Hedging Non-Gold Investments With Gold / Commodities / Gold and Silver 2010
An Address CARA Bahamas Conference, Freeport, Grand Bahama
Ladies and Gentlemen: The cliché that the present credit collapse is "the greatest financial crisis since 1929" is the understatement of the century. One measure of the crises is the ratio of gross private debt to nominal GDP. This ratio captures the idea how many years of current output it would take to retire outstanding debt. In these terms, the crisis is truly unprecedented. The world plunged into the present crisis with far greater debt than the debt outstanding at the time when it plunged into the Great Depression in 1929. Add to this the qualitative change in the structure of debt. The most exotic of the Roaring Twenties era debt was brokers' margin lending on the stock purchases of clients.
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Friday, February 19, 2010
Further Losses Brewing in Coffee Commodities Trading / Commodities / Commodities Trading
The second half of last year was marked by quite choppy action, with nevertheless a clear upward bias. Recently this succession of rising highs and lows was broken, establishing a bear trend that looks to have further to go.
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Friday, February 19, 2010
Wind Power Green Tech Renewable Energy Investment Opportunities / Commodities / Renewable Energy
In this exclusive Energy Report interview, GreenTech Opportunities editor and publisher Lawrence Roulston talks about how private enterprise has stepped up to the plate, managed to tweak technology and bring the costs of wind-powered energy production down 80% since 1980. It's to the point where wind is on the brink of being able to compete directly with conventional energy. Solar isn't as close, Lawrence says, but the virtuous circle of alternative energy is in motion and gaining momentum. Reduced costs lead to further research and development, improvements in technology, industry expansion and greater economies of scale, which lead again to lower costs, more innovation, more industry growth and cheaper energy, and round and round it goes.
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Friday, February 19, 2010
Libya Courting Oil & Gas Investors but Faces a Tough Sell Following Recent Government Fiascos / Commodities / Crude Oil
The Libyan government has been sounding off lately about boosting the profile of its oil and gas market, but it’s questionable whether international companies will ignore the government’s missteps in the industry - not to mention the recent lackluster energy finds - and keep injecting money into the North African country.Read full article... Read full article...
Friday, February 19, 2010
The 13 Year Gold Bull Has Much More Room To Run / Commodities / Gold and Silver 2010
A few weeks ago on February 4th, I penned an article forecasting the gold correction trends and the likely outcomes. My opinion was that gold was pulling back to work off excessive optimism from the early December 09 highs. This type of pullback was orderly and there was a gap at 102.50 on the GLD ETF that I believed would fill. The following day, that gap filled and gold hit a bottom at 1042 and has rallied much higher since. I opined that the rally in the US dollar was merely cosmetic against other world currencies, and that Gold was still the preferred asset to accumulate and would begin to move regardless of the dollar moves.
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Thursday, February 18, 2010
1001 Reasons to Own Gold / Commodities / Gold and Silver 2010
Jeff Clark, Senior Editor, Casey’s Gold & Resource Report writes: Tracking the numerous ongoing bullish factors for gold is quite a chore. There are, quite literally, so many compelling arguments for holding our favorite metal that I used to catalog them each month in our letter.
The reason there are so many “reasons” is because gold is unlike any other asset. It...
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Thursday, February 18, 2010
Greece Turns the Euro Into a “Carry Trade” Currency / Commodities / Gold and Silver 2010
Last year’s parabolic rallies in copper, gold, Brazilian and Russian stocks, and the Australian dollar, are running out of steam. Suddenly, there are eerie reminiscences of scarier days gone-by. Volatility has returned to the money markets, amid worries about a possible “double-dip” recession for the world economy, capital flight from European sovereign debt markets, monetary tightening in Australia, China, and India, and the President Obama’s backing for the “Volcker rule,” – which calls for a clamp-down on the speculative trading binges of the Wall Street Oligarchs.
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Thursday, February 18, 2010
The Deflationary Trap, Desperate Times and Desperate Measures / Commodities / Gold and Silver 2010
Things are going to continue to get darker economically. Nothing has been solved but massive currency debasement has already occurred to try to stem the tide. The reason is simple. I forget where I stole this chart from and if anyone knows who is making this chart and keeps regularly updating it, please let me know so I can check their site periodically:
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Thursday, February 18, 2010
Gold Prices Soar Past $1,100 / Commodities / Gold and Silver 2010
Gold prices have been on the rebound in the last two weeks after touching a near-term low at price on February 5th of $1,052.25. With a current (February 17) gold spot rate of $1,114.70 per ounce, the commodity has increased in worth by over $60 in 12 days.
Though down slightly from yesterday’s New York Mercantile Exchange gold price close of $1,117.80, gold is still up around $15 from the February 15th close price of $1,099.50.
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Thursday, February 18, 2010
Gold Analysis and Price Trend Forecast For 2010 / Commodities / Gold and Silver 2010
The Inflation mega-trend continues to manifest itself, this was no better illustrated then this weeks UK inflation data which shows that CPI has doubled from 1.9% to 3.5% in just 2 months! This gold analysis for 2010 is extracted from the NEW Inflation Mega-Trend Ebook (FREE DOWNLOAD NOW), that contains 109 pages of in-depth analysis and precise forecasts for economy, currencies, stocks, commodities, energy and emerging markets for the whole of 2010 and several years beyond.
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Wednesday, February 17, 2010
Unlock Gold and Silver Profits with Technical Analysis / Commodities / Gold and Silver 2010
Which camp are you in, inflation or deflation? While Mr. Market labors under the pressures of both and the burgeoning weight of artificial stimuli, Clive Maund, a 30-year veteran of technical analysis, is positioning himself for gains either way. "Properly used," he says, "technical analysis does not require the use of other inputs to be effective." In this enlightening interview with The Gold Report, Clive extols the virtues of the age-old practice as a reliable predictor of future stock price movement in any economic environment.
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Wednesday, February 17, 2010
Gold Hits Fresh Euro Record, "Breaks Downtrend" in Dollars / Commodities / Gold and Silver 2010
THE PRICE OF WHOLESALE gold bullion rose for the fifth day running against the US Dollar early Wednesday in London, touching the best level in 4 weeks at $1127 an ounce and breaking new record highs for Euro investors above €820.
Global stock markets also rose once again, with London's FTSE100 now recovering half of the last month's 9% drop.
Wednesday, February 17, 2010
Five Reasons Why Gold Will Not... / Commodities / Gold and Silver 2010
Gold has made some exciting moves recently, but what can we expect in the future? In today’s video, I point out five reasons that I do not expect gold to make a new high just yet.
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