Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, December 18, 2009
Professional Commodity Traders / Commodities / Commodities Trading
When you watched the last Super Bowl game did you see how the Pittsburg Steelers overcame the Arizona Cardinals? I was impressed by the professional way they performed. They did not beat themselves by making mistakes. A professional regardless if in sports or in any field makes fewer mistakes than others.
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Friday, December 18, 2009
Gold Price Pullback Looks Set to Continue / Commodities / Gold & Silver 2009
The uptrend in Gold over the last few months was characterized by steady acceleration and muted setbacks. The 27-Nov Dubai sell-off, albeit brief, suggested growing fragility and, after certain Fibonacci projections were reached, the market finally started to let off steam. There should be further downside prior to resumption of the long term uptrend.
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Friday, December 18, 2009
Crude Oil and Natural Gas Forecast 2010 / Commodities / Crude Oil
"If gas stays in the $5–$6 range, that's what I would call purgatory," says Oil & Gas Investments Bulletin writer Keith Schaefer, adding "and anything less than that would just be hell." Learn about new technologies that are greatly increasing the amount of recoverable oil in the world and find out why Keith warns investors to be very, very selective, particularly in Canadian natural gas stocks in this exclusive interview with The Energy Report.
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Thursday, December 17, 2009
Agricultural Food Production and Arable Land and Water Trends / Commodities / Agricultural Commodities
“If you can tell me something else where the fundamentals are so attractive…I’d be happy to put my money there, but I don’t know of any other place” – JIM ROGERS ON AGRICULTURE
In part one, I spoke a bit about the increasing demand for agriculture due to increasing population over time, and how this is expected to continue. I also mentioned that stockpiles are diminishing and in some markets are making historical lows.
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Thursday, December 17, 2009
Gold Falls Hard on Stronger U.S. Dollar / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell hard in Dollars but held flat for non-US investors early Thursday in London following yesterday's Federal Reserve statement on monetary policy.
Vowing to keep interest rates at zero "for an extended period", the Fed said it will withdraw "emergency liquidity facilities" by Feb. 2010 – including the unlimited Dollar-swaps currently offered to central banks globally.
Thursday, December 17, 2009
Gold Enters Silly Season Trading Zone / Commodities / Gold & Silver 2009
We are already in the “silly season” and what I mean by that is after December 15 most traders are not serious about the markets and they’re not committed to any large positions for the balance of the year.
I've had a number requests to do a video on gold, so here it is. As you will see in the video, gold has fallen back to an area that should provide support, however it will remain choppy and thinly traded for the balance of the year.
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Thursday, December 17, 2009
Crude Oil Headed Lower? / Commodities / Crude Oil
The crude oil market continues to soften and is now close to some important levels that I think we should look at. In my new video we look at what is happening in this market right now and what we expect to happen in the future.
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Thursday, December 17, 2009
Gold Supported by Risk Aversion on Sovereign Debt Risk / Commodities / Gold & Silver 2009
There were no surprises from FOMC meeting yesterday and gold rose 1% despite dollar strength and US equities remaining flat. One of the FOMC statement notes may prove important for gold's outlook and this was that the emergency liquidity facilities will be removed on 1st February, 2010.
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Thursday, December 17, 2009
Gold Price Held to Ransom by Interest Rates / Commodities / Gold & Silver 2009
It’s all gone wrong. The momentum has stopped. Gold’s run has been stunted. Now we need to work out if this is a short term top or a more permanent feature.
Gold looks very pivotal right now. All eyes are on the direction of the dollar. Any hints of interest rate rises will induce a bullish dollar sentiment which would in effect result in a lower gold price. Because of today’s uncertainty the gold price is being held to ransom by speculators reacting to news and data.
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Thursday, December 17, 2009
Crude Oil Super Down Trend, Options Play for Next Wave Down / Commodities / Options & Warrants
This Article Focuses On Buying Bear Put Spreads in CRUDE OIL
MY ANALYSIS
Fundamentally, OPEC has raised it's demand outlook for the coming year possibly causing the recent bounce in price. This rally is very unimpressive to me allowing for an opportunity to buy puts.
Thursday, December 17, 2009
Stocks and Commodities Christmas and New Year Trading Trends / Commodities / Commodities Trading
It’s been a great week so far. Stocks and commodities are moving as expected from my weekend trading report. I like to see the market unfold in a calm collected manner.
The US dollar has made a nice move in the past couple weeks. Although it has broken out of its down channel I think there is a lot of short covering going on making this bounce more powerful than others. Also it is important to note that it is near resistance which could dampen things around the $77-77.5 level. If the dollar heads back down I expect gold to start making a move back up which it started to do Wednesday.
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Thursday, December 17, 2009
Political Decision Making Process Guarantees Much Higher Gold Prices / Commodities / Gold & Silver 2009
"Lack of confidence in the gold price bull prevails. Almost everyone seems obligated to hedge when predicting price, in spite of having marshaled an array of intimidating and compelling facts and arguments" says Arnold Bock and in his article below he questions why there is so much reluctance.
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Thursday, December 17, 2009
What Does Global Warming Have to Do with Energy Stocks? / Commodities / Oil Companies
Marc Bustin Ph.D writes: Over the last couple of years, consideration of the effect of climate change has become increasingly important in analyzing a company or market trend — particularly in the energy sector. For example, our very bearish view on the thermal coal producers in North America is due exclusively to the high levels of carbon dioxide that coal-fired power plants generate, and the widely held belief that these emissions contribute to global warming.
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Thursday, December 17, 2009
Gold Beginning of the Current Cycle to $2,000 / Commodities / Gold & Silver 2009
We recently had a chance to interview David Morgan of the Silver-Investor.com—home of The Morgan Report a financial newsletter focusing on Money, Metals, and Mining.
David Morgan is one of the leaders in forecasting growth and value in silver, gold, rare earth elements and other resource opportunities. He offered his thoughts on everything from the future of the U.S. dollar to the current silver and gold price cycle.
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Thursday, December 17, 2009
Gold Price Meteoric Rise Cannot Be Stemmed by Central Bank Agreements / Commodities / Gold & Silver 2009
As the price of gold has pulled back from its recent run up to $1,200, many investors are left to ponder what exactly drives the movement of such an important and financially sensitive commodity.
Most people are aware that gold prices respond to inflation expectations and that central banks, as the largest holders of gold, are big players in the market. But there is a very murky understanding as to why and how these players affect prices, and what their ultimate goal may be.
Thursday, December 17, 2009
Chicken Little Nouriel Roubini Says Gold Apparently Has No Intrinsic Value? / Commodities / Gold & Silver 2009
Gold has no value. Whereas the Dollar...?
NOURIEL ROUBINI was "one of the few to predict the financial crisis" reckons the Financial Times. Yet plenty of other chicken littles, amateur and professional, had long warned of trouble ahead, too.
Thursday, December 17, 2009
China's Strong Impact on Precious Metals, But Silver Yet to Bottom / Commodities / Gold & Silver 2009
In my previous essay, apart from commenting on the current situation and suggesting that gold did not reach a major bottom yet, I also examined the situation in China. I wrote the following:
Considering the high savings rate in China (mostly in the 30% - 40% area in the previous years), gold is a logical investment for the Chinese and it’s possible that billions of dollars in Chinese private investment could move into gold in coming years. Already there is talk of China overtaking India as the world’s largest consumer of gold.
Wednesday, December 16, 2009
Gold Bounces as Bernanke Makes Inflation Present and Dangerous / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rose in Asian and early London trade on Wednesday, recovering one-fifth of the last fortnight's 10% drop vs. the Dollar and hitting one-week highs against the Euro ahead of today's interest-rate announcement from the US Federal Reserve.
The Fed statement, due at 14:15 EST (19:15 GMT), is not expected to signal any change to the US central bank's current zero-rate policy.
Wednesday, December 16, 2009
Oil Companies that Won Iraq Crude Oil Bids / Commodities / Oil Companies
Jason Simpkins writes: Iraq has auctioned off more proven oil reserves in the past six months than are collectively held by the United States, Mexico, and the United Kingdom.
But U.S. oil companies have signed surprisingly few development contracts – foreign rivals have swooped in to scoop up major deals.
Wednesday, December 16, 2009
Gold Market Awaits FOMC U.S. Interest Rate Statement / Commodities / Gold & Silver 2009
Gold and silver were largely unchanged yesterday. Gold is currently trading $3 higher at $1,134/oz due to dollar weakness ahead of the FOMC meeting later. In euro and GBP terms gold is trading at €778/oz and £694/oz. Support for gold is currently seen at $1,113/oz and resistance at $1,149/oz.Read full article... Read full article...