Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, January 19, 2010
Gold Set to Break Higher as UK Inflation Jumps / Commodities / Gold and Silver 2010
THE PRICE OF GOLD slipped against the US and UK currencies on Tuesday but rose to a one-week high for Euro investors as the single currency fell on a series of poor data.
Construction output in the 16-nation Eurozone shrank 8% in Nov. from the same month in 2008, new figures showed. Economic sentiment in Germany also fell on the ZEW survey.
Tuesday, January 19, 2010
A Decade of Hot Commodities / Commodities / Commodities Trading
We’ve updated our popular Periodic Table of Commodity Returns, and the headline news should come as no surprise – 2009 was a complete turnaround for the sector’s 2008 performance.
Commodities (as measured by the Reuters-Jefferies CRB Index) rose 24 percent in 2009, the largest single-year increase since the early 1970s.
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Tuesday, January 19, 2010
Gold to Hit $1,600 in 2010 as Financial and Economic System Collapse / Commodities / Gold and Silver 2010
Gold price volatility has picked up in the past few weeks as diverging views about the next move in the price of gold have intensified. The gold price declined $152 off its early December high of $1,226.50 before rallying to move comfortably back above $1,100 per ounce. While gold has seen violent daily and monthly oscillations, the longer-term trend has been decidedly positive over the past decade – with investors driving up the gold price 281% over the past ten years.
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Monday, January 18, 2010
Global Asset Trends for 2010, Commodity Market Forecasts / Commodities / Investing 2010
Every year, I write a review issue in January with my summary of past trends, and my predictions for the new year. I was pleased to see that most of my calls were correct. Last year, I predicted the rebound in the commodity sector, especially the surge in precious metals and oil. Grain supplies were tight as I anticipated, especially in soybeans, and stock markets were extremely volatile. In the US, bailouts and foreclosures continued, while the vaunted stimulus plan failed to create jobs or have much impact on the real economy.
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Monday, January 18, 2010
Why Warrants of Gold/Silver Companies Outperformed Gold/Silver So Dramatically in 2009 / Commodities / Gold & Silver Stocks
We are in the eye of the storm and when the other side of the vortex engulfs us gold and silver will increase considerably, their associated stocks will go up substantially and their warrants, where available, will escalate dramatically. They did so in 2009 (see below) and will most likely do so again in 2010. Does your portfolio properly reflect the opportunities that will continue to present themselves in 2010 and beyond?
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Monday, January 18, 2010
Gold the Only Defence Against Bad Keynesian Economic Policies / Commodities / Gold and Silver 2010
In the 1930s, as the world was deep in economic depression, Keynes put forth some ideas on remedying the situation. Before any determination of the effectiveness of those proposals, the Third Reich invaded Poland. With that 1939 event, the second world war was born. While world war did not improve the economic conditions of the world, it did put a lot of people to work.
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Monday, January 18, 2010
China's Commitment to Green Energy and Nuclear Shows U.S. Oil's Future / Commodities / Renewable Energy
To their peril, there are two critical points still not comprehended by the majority of foreigners, including investment analysts and other supposed gurus chiming in their opinion on China.
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Monday, January 18, 2010
Gold ETFs Shrink as New Platinum, Palladium Funds Draw Aggressive Buying / Commodities / Gold and Silver 2010
THE GOLD PRICE ticked higher for US and Euro investors early Monday but held inside a tight range while Asian stock markets closed the day 1% lower and European shares rose.
Little economic news was due for release as US markets stayed closed for Martin Luther King Day.
Monday, January 18, 2010
The Three Major Questions That Will Determine the Gold Price in 2010 / Commodities / Gold and Silver 2010
2009 saw the FTSE Industrial Metals and Mining sector return more than 350% for the year. The dollar index fell by 4.2% and gold raced to a new record of US $1,226, eventually dropping to a 24% gain over the year.
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Monday, January 18, 2010
Gold and the Science Of Market Speculation / Commodities / Gold and Silver 2010
The gold market appears to be just a little past a crucial turning point. At the time of the Dec. 3, 2009 top, my expectation was for a short term decline to $1,000. It appears that this was too pessimistic, and the evidence now says that gold had a short term bottom at $1,075 on Dec. 22, 2009.
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Sunday, January 17, 2010
How to Trade Gold and other Commodity ETF’s / Commodities / Commodities Trading
Whether you are trading stocks, ETFs or futures, technical analysis is the preferred choice for short term traders. Technical analysis in short is the study of price and volume movements on charts. It can be used for studying charts in any time frame whether you are a 1 minute chartist or a long term investor using monthly charts.
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Sunday, January 17, 2010
Natural Gas, My Favorite Commodity to Buy Right Now / Commodities / Natural Gas
In yesterday's DailyWealth, I outlined how rising interest rates will depress the stock market's P/E multiple... which will create a giant headwind for stock market investors.
You can protect yourself from this headwind by avoiding high-priced growth stocks. A popular growth stock trading for a P/E of 40 can get cut in half in a matter of months in this kind of environment. For instance, Amazon currently trades for 75 times earnings. Surgical device maker Intuitive Surgical trades for 58 times earnings. Danger ahead.
Sunday, January 17, 2010
Crude Oil Prices Fall as Winter Premium Melts Away / Commodities / Crude Oil
Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures and allowed concerns about demand to come to the fore. The price for Nymex’s West Texas crude fell about 6% during the week, starting at nearly $83 and finishing at $78.
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Saturday, January 16, 2010
Gold Price Waiting for Trigger for a Futher Decline / Commodities / Gold and Silver 2010
Unexpected events often have a shock effect on the markets. The shock may last for some time or go away quickly. As far as the precious metals market is concerned, the recent earthquake should have only a minor effect.
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Friday, January 15, 2010
Cheap Crude Oil is Gone, and That's Good News / Commodities / Crude Oil
Marin Katusa writes: Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry. With increased global demand and declining supply, easy oil is not so easy anymore.
Everything is about to get more expensive. From gasoline to anti-freeze, life jackets to golf balls, and eye glasses to fertilizer. There are very few things in the modern world that aren't made from oil, made by machines dependant on oil, or shipped by vehicles powered by oil.
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Friday, January 15, 2010
Gold and Silver Taking a Breather or Beginning a New Downtrend? / Commodities / Gold and Silver 2010
President Obama’s administration has not been aggressive enough in fixing the root causes that led to the near economic collapse. In a recent speech, Federal Reserve Chairman Ben Bernanke said that it was regulatory failure, not low interest rates that were responsible for the housing bubble and subsequent financial crisis.
Bernanke denied any Fed culpability for inflating the housing bubble and blamed the "under-regulated" financial sector, which had designed and sold unconventional and exotic mortgage products which later turned out to be toxic.
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Friday, January 15, 2010
Crude Oil Falls Below $79 on Strong Dollar / Commodities / Crude Oil
As the dollar has rebounded from some recently disappointing jobs news, it has pushed back against recent gains in oil prices and gold prices. A barrel of oil fell below $79 in Friday (January 15) morning trade on the New York Mercantile Exchange.
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Friday, January 15, 2010
U.S. Dollar Rally Could Put Gold Under Pressure / Commodities / Gold and Silver 2010
Apart from why the dollar (DXY) abruptly reversed to the upside this morning, purely from my technical perspective this action is what I have been awaiting: some signal that all of the corrective-looking weakness off of the Dec 22 high at 78.45 into the 1/13 low at 76.60 actually was a correction.
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Friday, January 15, 2010
How Does the U.S. Dollar Really Affect the Gold Price? / Commodities / Gold and Silver 2010
General view of U.S. influence on the gold price - We have to ask ourselves what prompts investors large and small to go out and buy gold for their portfolios. Are they moved by a single piece of news that is seen on television or one piece of U.S. economic news? No, the average gold investor has accumulated reasons over time, which convinces him that it is wise to hold gold. But the real truth is that the gold market is global and affected by a vast number of investors each with his own reasons for buying gold from Mongolia to Manhatten. And at this moment in time, it is the non-U.S. investor that is driving the gold price.
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Friday, January 15, 2010
Gold Consolidates as US Regulator Targets Speculation / Commodities / Gold and Silver 2010
THE PRICE OF GOLD in Dollars ticked back from $1145 per ounce for the third time in two days early Friday, slipping in what one dealer called "choppy trading" as silver also retreated.
"We are riding a small Elliot Wave higher," said Thursday technical analysis from Scotia Mocatta, the bullion bank.