Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, October 06, 2009

The Feverish Pitch for Gold Real Money, Five Golden Rules for Bullion Investing / Commodities / Gold & Silver 2009

By: Larry_Edelson

The feverish pitch for gold — and the worries over the declining value of the U.S. Dollar — are rising again. That’s not surprising.

First, it’s pretty much official: The U.S. is losing its status as the world’s economic caretaker. That was made clear by the recent G-20 meeting in Pittsburgh.

Tuesday, October 06, 2009

What Will You Do When Gold Hits $1200 an Oz.? / Commodities / Gold & Silver 2009

By: Dudley_Baker

We along with several other analysts have been looking for an upside breakout in gold. Today, October 6th we got that breakout with gold exploding to over $1040 an oz into new high territory.

Tuesday, October 06, 2009

Gold New Record Highs at Over $1,040/oz / Commodities / Gold & Silver 2009

By: GoldCore

Gold has surpassed its all time record high ($1,033/oz) of some 18 months ago this morning and surged to a new record nominal high over $1,036/oz this morning. The reasons for gold’s new record historic high and likely continuing strength in the coming months are the same fundamentals factors that have been driving the gold market higher in recent months.

Tuesday, October 06, 2009

Gold Breakout Alert, Powerful Uptrend Imminent / Commodities / Gold & Silver 2009

By: Clive_Maund

The impending gold breakout has been so long in the making that it has engendered a "we'll believe it when we see it" mentality amongst most market participants. What this means of course is that most will miss out on the big easy gains that will accrue during the dynamic phase of the next major uptrend and will turn up late at the party, as usual. We ourselves have had lingering doubts engendered in large part by the perceived risk of a dollar rally, but these doubts are now dissipating for reasons that will be set below.

Tuesday, October 06, 2009

Gold Price Forecast, New All Time High, Now How Much Higher? / Commodities / Gold & Silver 2009

By: Midas_Letter

The breaking of the old record high price for gold today is no surprise to long-time critics of American and thus global financial policy. Regardless of how much spin you can generate from a compromised media, the laws of supply and demand re-assert themselves inevitably. Will this bring the mainstream investor crowd any closer to the understanding that the gold standard is precisely that, and has not been diminished but merely obscured by the powerful marketing forces of the United States Treasury and her feckless whoring sister, The United States Federal Reserve?

Tuesday, October 06, 2009

Gold and Silver Stocks Sentiment Analysis / Commodities / Gold & Silver Stocks

By: Jordan_Roy_Byrne

In analyzing the sentiment towards gold stocks, I am going to start with a tactic from Bernie Schaeffer of Schaeffer’s Research. I believe he espouses the idea of looking at the consensus view of analysts. If most analysts are bullish on a stock or sector, then where is the money going to come from to push shares higher? Conversely, if a sector is rising but the analysts are not bullish, they can change their mind and that provides further buying power.

Tuesday, October 06, 2009

Gold Hits New Record Dollar High, Busts Through €700 on Secret Petro-Currency Talks / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD leapt in Asian and London dealing on Tuesday, recording its third-highest London Fix before rising further to hit a new all-time high for US-Dollar investors at $1035 an ounce.

Tuesday, October 06, 2009

Gold Surges to New All Time High on Petro-dollar Threat / Commodities / Gold & Silver 2009

By: GoldCore

The dollar came under sustained pressure as the Independent of London's Robert Fisk broke a story stating that a group of Arab countries, Russia, France, Japan and China and others were in secret discussions to use a basket of currencies and gold to replace the dollar in order to trade oil. Although some officials have denied this report, the fact that it is mentioned at all raises the question as to how much longer the dollar will remain the global reserve currency. According to Chinese banking sources, the transitional currency in the move away from dollars, may well be gold.

Tuesday, October 06, 2009

The Gold Stocks Big Bang / Commodities / Gold & Silver Stocks

By: Neil_Charnock

Quick update – the Aussie XGD (weighted ASX gold index) went its own way again yesterday (Monday 5th September 2009) rising 1.4% while the XAO fell 0.58%.  Gold was up to US$1,017.50 overnight and this equates to an AUD gold price of $1,160.  The Dow was up despite wide claims October will be a disaster.  The XGD has opened up today (Tuesday) at around 2.5% at 5,300+ and it out performed the XAO yet again closing up 2.49% on the day.

Tuesday, October 06, 2009

Gold Breakout and Dollar Breakdown Signaling Big Political Crisis Brewing / Commodities / Gold & Silver 2009

By: Brian_Bloom

As the price of GLD (a proxy for gold) is approaching the apex of a triangle, there “must” be a resolution of the direction in the next few days. (Chart courtesy Bigcharts.com)

Tuesday, October 06, 2009

Silver the Real Bull Market / Commodities / Gold & Silver 2009

By: Richard_Daughty

One of the most interesting news items I’ve found was on the cover of The Financial Times, where I learned that a guy named Lahde “made tens of millions of dollars from betting against the financial and property sectors during [the] past two years,” and he now wanted to thank “the low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA” who made it all possible for him to find enough suckers.

Tuesday, October 06, 2009

Gold Vs Fiat Currencies / Commodities / Gold & Silver 2009

By: Guy_Lerner

Figure 1 is a concept that I have put forward before, and it is gold's performance relative to a basket of 8 currencies.Those currencies are: 1) Australian Dollar; 2) Canadian Dollar; 3) Swiss Franc; 4) Eurodollar; 5) British Pound; 6) Singaporean Dollar; 7) Japanese Yen; 8) US Dollar. This is a weekly chart.

Monday, October 05, 2009

Gold Off The Launching Pad / Commodities / Gold & Silver 2009

By: Guy_Lerner

Back on April 30, 2009, when gold was trading at $895 per ounce, I wrote an article suggesting that gold was on the appropriate launching pad for a sustainable move. At that time, I did not clarify what direction that move would be. Honestly, I did not know. I did know that gold had been consolidating in a range (which I could quantify), and similar consolidations in gold usually led to a breakout in either direction.

Monday, October 05, 2009

Bull Flag for Silver SLV ETF / Commodities / Gold & Silver 2009

By: Mike_Paulenoff

After a bumpy start, the iShares Silver Trust (NYSE: SLV) long position is recovering in sympathy with the climb in gold prices today, which itself is a reflection of continued weakness in the US dollar. Purely from a technical perspective, the SLV has established a bouble bottom corrective low around 15.60.

Monday, October 05, 2009

Ivanhoe Deal in Mongolia Vindicates Friedland / Commodities / Metals & Mining

By: Midas_Letter

It wasn't that long ago that Forbes Magazine, a widely read yet thinly fact-checked business tabloid, launched a campaign to discredit Robert Friedland and Ivanhoe Mines (TSX:IVN). Indeed, Friedland has been targeted by most of the mainstream media in Canada and the U.S., prompting Ivanhoe to issue news releases attempting to set straight the facts on a nearly continuos basis.

Monday, October 05, 2009

Gold Stocks HUI Index Forecast Uptrend Into December / Commodities / Gold & Silver Stocks

By: David_Petch

The daily chart of the HUI is shown below, with the lower 21 MA Bollinger band near the index, suggestive that further downside in the HUI. Upper 34 and 55 MA Bollinger bands are still going sideways, suggestive that a top was put in place. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K beneath the %D in 2 and 3. Based upon extrapolation of the %K in stochastics 1 and 2, expect another 2-3 weeks of downside at a minimum before a bottom is put in place. The anticipated level of support is at 340-345.

Monday, October 05, 2009

Betting on Commodities, Especially Crude Oil / Commodities / Crude Oil

By: James_Quinn

In 2008, prices of oil, natural gas, gold, silver, copper, corn, wheat, and most other commodities reached multi-year, and in some cases multi-decade, highs. They’ve fallen sharply since then, but commodities aren’t going out of business. Another peak is coming, and it will be far higher, especially for oil. 

Monday, October 05, 2009

Gold Continues to Rally on Rising on Risk Appetite / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE WHOLESALE PRICE OF PHYSICAL GOLD held tight around London's AM Gold Fix of $1004.25 an ounce early Monday, starting the week 1.4% higher from last Monday as world stock markets opened the week 4% down.

Government bond prices rose, pushing the yield offered by 10-year UK gilts down to 3.43%, their lowest level since late April.

Monday, October 05, 2009

Gold Surges Through $1,000 as Poor US Jobs Report Leads to Renewed Risk Aversion / Commodities / Gold & Silver 2009

By: GoldCore

Gold surged back through $1,000/oz on Friday, as the dollar weakened based on poor US non-farm payroll data. It is holding above that level and a continued hold above $1,000/oz should signal that gold has strong fundamentals despite its recent behaviour being influenced by short term dollar fluctuations.

Monday, October 05, 2009

Can Gold and Silver Equities Expect +5,000% Returns Again? / Commodities / Gold & Silver Stocks

By: Lorimer_Wilson

With what has happened in the world of late and what will be unfolding in the next 5 years or so those few investors who fully understand the impact the current economic situation is going to have on future inflation, the USD, interest rates, the stock market, physical gold and silver and gold and silver stocks and warrants in particular are going to be in the unique position of being the benefactors of currently unimaginable returns and wealth. All they need do, as I like to say, is “Just prepare and prosper!”