Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, January 27, 2010
Gold Beats Stocks as Asian Wealth's Chosen Inflation Hedge / Commodities / Gold and Silver 2010
THE WHOLESALE PRICE of gold erased an overnight rally in London on Wednesday, trading unchanged for the week $1092 an ounce as global stock markets fell yet again.
Commodities, the Dollar and government bonds were also little changed ahead of today's monetary policy decision from the US Federal Reserve.
Wednesday, January 27, 2010
Gold Rises Slightly as Uncertain Political and Regulatory Conditons Leading to Uncertainty in Markets / Commodities / Gold and Silver 2010
Gold rose slightly in US trading yesterday and rose in early trade in Asia prior to range trading between $1,092/oz and $1,098/oz overnight and this morning. Gold is currently trading at $1,096.40/oz (support at $1,075/oz) and in euro and GBP terms, gold is trading at €779.08/oz and £676.08/oz respectively.
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Wednesday, January 27, 2010
The Best (and Worst) Places to Store Silver / Commodities / Gold and Silver 2010
After amassing a collection of silver coins, you quickly realize you have to find a place to store it – quickly. There are a number of ways and places to safely and discretely store your silver to protect it from corrosion, as well as theft.
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Tuesday, January 26, 2010
Saskatchewan's Resources Enriching the World / Commodities / Metals & Mining
As if the fairy godmother flicked her magic wand, once drab and droopy Saskatchewan has blossomed into the belle of the ball—and the healthiest economy in Canada. According to Tom MacNeill, undeniably one the province's most ardent fans, the transformed province will keep heads turning for the next century. Chairman and CEO of 49 North Resources Inc. (TSX-V:FNR), Tom is reaching out to line up suitors and fill out dance cards to finance a lot of early-stage opportunities in the now-flourishing resources sector that's leading the economic revolution.
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Tuesday, January 26, 2010
Gold and Silver Fall Again Towards Major Support / Commodities / Gold and Silver 2010
THE PRICE OF GOLD fell against all currencies except the Euro early in London on Tuesday, dropping near 4-week lows at US$1083 per ounce as the Japanese Yen and US Dollar rose, and world stock markets slipped yet again.
Crude oil dropped further below $75 per barrel while government bonds rose worldwide.
Tuesday, January 26, 2010
UK Economy Struggling to Recover, Sterling Gold Testing Resistance at £700/oz / Commodities / Gold and Silver 2010
Gold closed higher in New York yesterday at $1,096.85/oz. It rose overnight in Asia to over $1,103/oz prior to giving up those gains and moving downward slowly. Gold is currently trading at $1,091.00/oz and in euro and GBP terms, gold is trading at €775/oz and £674/oz respectively.
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Tuesday, January 26, 2010
Financial Elite’s Behaviour Has Opened Floodgates for Gold / Commodities / Gold and Silver 2010
In spite of philosophical differences in many areas of politics and economics, Ron Paul and Simon Johnson agree that the cosiness that exists between the U. S. Congress and the financial elite has not worked, and is not working, in the best interest of the average American. They both suggest that major changes must be made in that relationship to strengthen the American economy. Is it too late, however, to avoid the repercussions of an even weaker greenback, rising inflation and the opening of the floodgates in the price of all investments related to gold and silver?
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Monday, January 25, 2010
Why I Hope Gold Price Falls to $1,000 / Commodities / Gold and Silver 2010
As a self-professed gold bug, why would I possibly want my favorite investment to fall in value? Have the long hours finally caught up with me?
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Monday, January 25, 2010
Gold Unfinished Business on the Downside / Commodities / Gold and Silver 2010
If my work in spot gold is accurate, then the SPDR Gold Shares (NYSE: GLD) has unfinished business on the downside that will break the Dec-Jan lows at 105.31 and 106.01, on the way to 103.00-100.00 to complete the larger correction off of the 12/03 high at 119.54. For such a new downleg to emerge, my suspicion is that gold weakness will be a function of a sharp surge in the dollar. The question is what will trigger a flight to dollars. Global stock market weakness? European economic and/or “union” disintegration? Or continued fears of a contraction in China?
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Monday, January 25, 2010
The Case for the Commodities Bull Market in 2010 And Beyond / Commodities / Investing 2010
The biggest emerging economies have ambitious plans that require a greater share of the world’s limited commodities. This trend is spurring profound and permanent disruptions in how these resources are allocated now and in the future. For investors, these disruptions present opportunities.
Simply put, an investment in natural resources is a vote of confidence in global economic growth.
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Monday, January 25, 2010
Gold Following Euro Lower on Greece Debt Default Fears / Commodities / Gold and Silver 2010
THE PRICE OF GOLD failed to hold a brief rally above $1100 an ounce early in London on Monday, slipping back against all major currencies as Asian and European stock markets fell for the fourth session running.
US stocks ended Friday with their worst weekly loss since March 2009, back when the S&P 500 index hit a 12-year low.
Monday, January 25, 2010
Gold and Financial Markets Await Bernanke Re-Nomination / Commodities / Gold and Silver 2010
Gold is trading at $1,102/oz. In euro and GBP terms gold is trading at €777/oz and £682/oz. Support for gold is currently seen at $1,076/oz and resistance at $1,115/oz. Some calm has returned to markets in Europe after the sell off on Wall Street Friday and in Asia overnight.
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Sunday, January 24, 2010
Gold Scary Price Drop, When Every One Panics, Buy? / Commodities / Gold and Silver 2010
This week’s gold price drop almost looks scary but I’ll wait for a drop below $1075 before getting all flustered. The potential head and shoulder pattern (mentioned in previous weeks) remains in effect until then.
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Sunday, January 24, 2010
Oil Stocks, a Cheap Way to Buy Crude Oil Reserves / Commodities / Crude Oil
Chris Mayer writes: We really don't know as much about the oil market as we think we do.
There are many numbers out there, but most of these involve a lot of guesswork. For example, we really don't know just how much oil the world will need. The U.S. Department of Energy says we'll need 106.6 million barrels a day by 2030, but how does it know? It can't know. It can't know what the world will look like in 2030.
Sunday, January 24, 2010
A Crucial Number for Silver Investors / Commodities / Gold and Silver 2010
Six years ago, on January 15, 2004, I officially recommended silver for readers of my Weber Global Opportunities Report.
We'd had silver stocks, and I'd owned silver personally, but I was waiting for silver to fall in order to get in at a better price for the newsletter readers.
Saturday, January 23, 2010
Gold Price Could Crash Below $1,000 / Commodities / Gold and Silver 2010
David Lew writes: After the historic boom, is gold price climbing down to $1,000 per ounce, to confirm to the controversial prediction that noted economist Nouriel Roubini made some weeks back? It looks so as gold is going bearish, in the weight of economic nervousness coming from the two important countries that matter – United States and China.
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Saturday, January 23, 2010
Crude Oil Market Summary for the Week Ahead 18th to 22nd Jan 2010 / Commodities / Crude Oil
New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate futures down more than 4% in the second half of the week to below $75 a barrel by Friday.
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Saturday, January 23, 2010
Gold is Money and Insurance Not an Investment, Tougher Year for PM Stocks / Commodities / Gold and Silver 2010
Itchy money made 2009 one of the best years on record for the junior resource sector, according to Mickey Fulp, the Mercenary Geologist. In sector terms, it won't be so easy to prosper in 2010, but nevertheless he's confident about the prospects ahead for specific companies that remain undervalued with respect to their peers. Further, he tells The Gold Report in this exclusive interview, by careful consideration of three key criteria—share structure, people and projects—investors have a strong chance of picking up equities that could double within 12 months.
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Friday, January 22, 2010
Counterfeit Gold, China's Next Big Fake Goods Export Market? / Commodities / Gold and Silver 2010
Dude Is That Gold Bar for Real?
As the 10-year gold bull continues its stunning run, rumors of fakery seem to be cropping up as fast as new Eagles can be minted. Should you be worried? Do you need to run to the coin shop for a home test kit?
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Friday, January 22, 2010
Gas Prices Falling in Line With Crude Oil Prices / Commodities / Gas - Petrol
While declining oil prices over the last week have not necessarily caught the attention of consumers as much as they have speculators and impacted businesses, falling gas prices have. Friday (January 22) marked the seventh consecutive day of falling fuel prices with the current national average at $2.73, according to Wright Express and the Oil Price Information Service.
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