Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, January 12, 2010
Gold Falls on China Rate Tightening / Commodities / Gold and Silver 2010
THE PRICE OF GOLD fell early Tuesday in London dealing, dropping below $1148 an ounce as commodity prices and equities fell after China's central bank reduced credit supplies in the world's fastest-growing economy.
The gold price gave back half of Monday's 2.1% jump agains the Dollar after the People's Bank raised its yield on 1-year bills by 0.08% – twice the expected rise – and withdrew a one-day record worth $29 billion in cash from the Chinese bond market.
Tuesday, January 12, 2010
Gold Rises as Financial Markets Wobble on Increased Interest Rate Risk and Alcoa / Commodities / Gold and Silver 2010
Gold rose 1% yesterday reaching 5-week highs and range traded between $1,151/oz and $1,158/oz overnight. It has dropped off slightly since but remains marginally higher in late morning trade in London. The poor jobs report last Friday has created investor uncertainty and has seen dollar weakness in the early part of the week leading to the firm gold price. Alcoa's below consensus earnings have not soothed these jitters. Gold is currently trading at $1,152.00/oz and in euro and GBP terms, gold is trading at €796/oz and £716/oz respectively.
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Tuesday, January 12, 2010
New Crude Oil Index to Create Even More Profit Opportunities for Investors / Commodities / Crude Oil
Kent Moors, Ph.D writes: Speculators in New York won't be calling the shots anymore. Not in oil, anyway.
The way we price it. The places we trade it. The companies that stand to profit most.
Tuesday, January 12, 2010
Silver Futures Reversal: Can the 2008 Highs Be Taken Out? / Commodities / Gold and Silver 2010
Trading Silver Futures: Silver bulls have been rewarded for their patience during the recent sell off with a very strong bullish weekly reversal bar, one that also forms one end of a very nice up trend line (see dotted blue line on the chart). For the moment, the momentum is now back in the hands of the bulls, and there seem to be numerous technical clues that suggest that another attempt to take out the March 2008 near $21.19 may be launched soon. A look at the weekly chart for cash Silver may help us discern how far this new reversal may run.
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Tuesday, January 12, 2010
Gold, Silver, Platinum...W.T.F.?! / Commodities / Gold and Silver 2010
Brad Stafford here in place of Adam Hewison and I have a great new video for you. I’m sure many of you read that title and your mind went in the gutter, but today I’m going to show you a whole new meaning for this acronym and how it applies to gold, silver, and platinum.
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Tuesday, January 12, 2010
Rewarding New Decade for Agri-Foods Investors / Commodities / Agricultural Commodities
What needed remembering this past week as a goodly part of the Northern Hemisphere sat frozen was that all that cold was a mirage. This cold weather, practically everywhere, was really just cloaking the underlying warming trend of the world. Do not let this cold weather fool you! This phony cold weather does, however, have some hidden dangers. We have been, here in south Florida, under an Iguana Alert. Iguanas, which are illegal immigrants without a natural predator, become immobile at temperatures below 40 degrees. They were falling out of the trees, which made walking under Iguana filled trees dangerous.
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Tuesday, January 12, 2010
How Does U.S. Dollar Weakness Impact Gold and Silver Investors? / Commodities / Gold and Silver 2010
During the past week we've sent a Market Alert to our Subscribers, in which we commented on the current developments on the precious metals market, and indicated what action appears to be profitable under those conditions, and in the following essay we would like to elaborate on one of the points raised in that particular message.
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Tuesday, January 12, 2010
More Mexican Precious Metals Investing Stars Part2 / Commodities / Gold & Silver Stocks
As we learned in Part I of Trey Wasser's interview, his Mexican Gold & Silver Explorers Model (MSG) tracks junior explorers and producers as they define and develop precious metal assets and bring them into profitable production. Trey's model-based index has enjoyed a 250% increase since inception in January 2007—including no loss in the 2008 crash—so he clearly has a keen eye for what it takes to make a winner. Read on as Trey willingly shares insights on lots of his favorites in Part II of this exclusive interview.
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Monday, January 11, 2010
How to Buy Gold in 2010 / Commodities / Gold and Silver 2010
In just the first few trading days of the new year, gold has skyrocketed almost $35 … building up momentum for a new surge … and likely pointing the way to a far more powerful rally to new all-time highs later in 2010.
You can see the surge in the chart to the right. It’s a thrust higher that caught almost everyone off-guard.
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Monday, January 11, 2010
Gold Forecast 2010, Resuming its Historical Monetary Role as the Anti-Currency / Commodities / Gold and Silver 2010
Good afternoon. As always, it is a privilege to speak at the Empire Club.
Each year for the past three years, I have returned to share perceptions about the precious metals industry and specifically about gold. Generally, this forces me to step back and assess the previous year's events and then to speculate about what they may indicate for the coming year. Choosing the seminal events this year has been more difficult than usual. Lately the pace of gold-related news has accelerated exponentially with gold’s rising price. While 2009 was an exciting year for gold, setting a new average high of $1,088, 2010 promises to be even more exciting.
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Monday, January 11, 2010
NYMEX Gold (GC) Options Trade Entry Alert / Commodities / Gold and Silver 2010
The J.E.D.I. Way will be buying the following call options on Nymex Gold at the Market: (1) 1 - Nymex Gold April 2010 1700 Call Option (Ticker Symbol: GCJ11700C) (2) 1 - Nymex Gold June 2010 1700 Call Option (Ticker Symbol: GCM11700C) (3) 1 - Nymex Gold August 2010 1700 Call Option (Ticker Symbol: GCQ11700C)
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Monday, January 11, 2010
Regulators Seek to Throw Light on Hedge Fund Impact in Energy Trading / Commodities / Market Regulation
Do hedge funds have an impact on energy trading?
While the answer might seem intuitive, the debate as to whether they actually do has come to resemble the medieval theological dispute about how many angels can dance on the head of the pin.
Monday, January 11, 2010
Gold Jumps on Record Chinese Export Data, Silver Hits 30-Year High vs. Sterling / Commodities / Gold and Silver 2010
THE PRICE OF GOLD and silver both leapt alongside oil prices, base metals and agricultural commodities at the start of Monday's trading, touching a 5-week high against the US Dollar at $1160 an ounce.
Government bonds also pushed higher, sending interest rates lower from last week's multi-month highs.
Monday, January 11, 2010
Gold Surges on Higher Crude Oil and Lower U.S. Dollar / Commodities / Gold and Silver 2010
Gold surged on the open in Asia and has range traded between $1,152/oz and $1,159/oz overnight and it has moved upwards in late morning London trading. Gold is currently trading at $1,157.00/oz and in euro and GBP terms, gold is trading at €796/oz and £717/oz respectively. $1,200/oz gold looks like it could be challenged again this week.Read full article... Read full article...
Monday, January 11, 2010
Currency Crisis Will Drive Gold During 2010 / Commodities / Gold and Silver 2010
We have a really big flightless bird Down Under called the Emu. I will not draw absolute parallels between the European Monetary Union (EMU) and the Emu, even in jest, however the Euro looks like it will appear flightless at best this year. Perhaps the myth that they (Emu’s) bury their head in the sand when facing danger may come true for the EMU this year however don’t count on it. Dire monetary events may force a change of heart and a dose of reality. This region will not be the only source of upheaval and volatility this year as I shall discuss below.
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Monday, January 11, 2010
My Journey Into Economics Says Virtually Everything You have Been Taught is a Lie / Commodities / Gold and Silver 2010
My journey into economics began in 1956 when I was a sophomore at Harvard. A classmate was arguing with me that the Federal Government did not have to balance the budget. He was sure of this because his professor had told him so.
My thinking was different. “If the Harvard Department of economics did not believe that we had to balance the budget, then they must be a bunch of idiots. I have nothing to learn from such people. I will learn my economics when I’m out of here Good bye John Harvard.”
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Monday, January 11, 2010
Dollar Trend and Gold Technicals and Hint at Further Downside / Commodities / Gold and Silver 2010
This past week the dollar did not seem to have as great of an impact on other markets as it usually does. Some investors believe a decoupling is taking place. I’m not convinced, at least not yet.
One week does not constitute a trend. The dollar’s December rally did not negatively affect the stock market, however, that may not continue to be the case. Time will tell. As the charts below show, the dollar has formed a falling flag. Whether the dollar breaks up or down out of the flag will have repercussions in other markets.
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Sunday, January 10, 2010
Gold Bounces Off Long-term Critical Suppport Trend Line to Target $1575 2010 / Commodities / Gold and Silver 2010
The first full week of trading in three weeks has been kind of positive but not all that bullish. Speculators are slowly dragging themselves away from their vacation spots and greater trading activity is expected over the next few weeks. For now, let’s see where we are.
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Saturday, January 09, 2010
Why You Should Care About DJIA Priced in Gold / Commodities / Stock Markets 2010
"The Real Dow" has proven to be a good leading indicator for nominal DJIA.
Vaid Pokhlebkin writes: The following article is provided courtesy of Elliott Wave International (EWI). For more insights that challenge conventional financial wisdom, download EWI’s free 118-page Independent Investor eBook.
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Saturday, January 09, 2010
Trey Wasser: Identifying Stars in the Mexican Precious Metals Universe (Part I) / Commodities / Gold & Silver Stocks
Trey Wasser, who designed the Mexican Gold & Silver Explorers Model to track junior explorers and producers as they define and develop precious metal assets and bring them into profitable production, took a breather from his frequent travels south of the border to spend some time with The Gold Report. Trey's model-based index has enjoyed a 250% increase since inception in January 2007—including no loss in the 2008 crash—so he clearly has a keen eye for what it takes to make a winner. Better yet, he willingly shares insights on lots of his favorites in Part I of this exclusive interview. More to come on Monday, January 11.
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