Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, December 11, 2009
Gold Long-term Bull Market Means Buy the Dips / Commodities / Gold & Silver 2009
THE PRICE OF GOLD ticked higher in Asia and early London trade Friday, heading towards the weekend at $1140 an ounce – some 3.4% below the record weekly finish of a fortnight ago – as world stock markets crept towards new 14-month highs.
The "safe haven" Dollar and Yen both eased back on the currency markets, but the British Pound failed to benefit, taking the gold price in Sterling back up to £700 an ounce.
Friday, December 11, 2009
Why Russia’s Oil Fields Will Soon Be Crawling with Western Oil Companies / Commodities / Oil Companies
Kent Moors writes: Western oil majors are about to help Moscow solve its energy problem. And that could be a boon for investors.
The traditional Russian oil fields in Western Siberia are well past peak production. Some satellite fields in the region remain, but the extraction gains will be marginal.
Friday, December 11, 2009
Gold Market Awaits U.S. Retail Sales Data / Commodities / Gold & Silver 2009
Gold has been as high as $1,138.50/oz overnight and has consolidated on yesterdays higher close - the first in four trading sessions. Gold is currently trading at $1,138.50/oz and in euro and GBP terms, gold is trading at €772/oz and £698/oz respectively.
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Friday, December 11, 2009
Are GLD and SLV ETFs Good Proxies for Gold and Silver Bullion Investing? / Commodities / Gold & Silver 2009
This analysis takes a look at the trend relationship between Gold and Silver their respective ETF's as the next in a series of articles as part of my unfolding inflationary mega-trend scenario that I intend on completing before the end of December which will be published as an ebook that I will make available for FREE. Ensure you are subscribed to my always free newsletter to get the latest analysis in your email box and check my most recent analysis on the probable inflation mega-trend at http://www.walayatstreet.com
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Thursday, December 10, 2009
All That’s Gold Does Not Shine / Commodities / Gold & Silver 2009
The well worn phrase, “All that shines is not gold” can be turned about when talking of investing in gold to say, “All that’s gold does not shine.”
Gold has been a fine investment as of late, but how has it done over a long period? How about over a lifetime of investing in comparison to other major assets, such as 3-month Treasuries, US aggregate bonds, and all country world stocks?
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Thursday, December 10, 2009
How to Forecast the Gold Price / Commodities / Gold & Silver 2009
Long-term readers know that gold moves inversely to the dollar, meaning if the dollar drops, gold tends to rise (and vice versa). This happens with about 80% regularity. But what many gold writers haven’t acknowledged is the leveraged movement our favorite metal has demonstrated this year to the world’s reserve currency.
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Thursday, December 10, 2009
Cap and Trade, Crude Oil and Natural Gas Price Trends / Commodities / Oil Companies
Jennings Capital VP and Senior Oil & Gas Research Analyst Greg Chornoboy shares his take on the prospects for prices in oil and natural gas—and what he sees driving those prices—in this exclusive Energy Report interview. Cap and trade, "a lot of smoke and fire and great rhetoric," isn't on his list. Sharing insights into prospective investments, too, Greg favors large, well-capitalized companies for natural gas, while for oil he leans toward what he calls "embryonic" juniors with overseas properties in politically stable jurisdictions. That's where the size of the potential prize can be tempting. But don't look to them as get-rich-quick schemes, he cautions. "If you're not prepared to wait it out, it's not an appropriate investment."
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Thursday, December 10, 2009
Gold Down 10% in Days But Fundamentals Remain Sound / Commodities / Gold & Silver 2009
Gold is trading at $1,127/oz and in euro and GBP terms gold is trading at €766/oz and £692/oz. Support for gold is currently seen at $1,109/oz and resistance at $1,145/oz.
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Thursday, December 10, 2009
Gold Tracks Dollar, as Ticking Debt Time Bombs Threaten Euro / Commodities / Gold & Silver 2009
THE PRICE OF GOLD was little changed Thursday morning in London, recording its lowest AM Fix since Nov. 13th at $1125 per ounce as the US Dollar held onto this week's rally on the currency market.
Both the Swiss and UK central banks kept their key interest rates at historic lows of 0.25% and 0.50% respectively.
Thursday, December 10, 2009
Rough Rice Soft Commodity Reaches Key Resistance / Commodities / Agricultural Commodities
In respect of the current climate conference we take a look at Rough Rice futures (CBOT), with prices influenced by inclement weather – the possible result of climate change. This was recently discussed on CNBC by Mark Sturdy, and those interested may follow this at http://www.cnbc.com/id/15840232?video=1349059964&play=1
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Thursday, December 10, 2009
Gold Price Top Indicated by Record Trading Volume / Commodities / Gold & Silver 2009
Last week we saw unusually high volumes of short sellers in the COMEX futures market. On Friday, 4 th December, we saw the biggest volume of sellers in the SPDR (GLD) ETF in its 5 year history. In four working days, between the 3 rd – 8 th December, Gold has had a sharp sell off, dropping more than $100. Together, these show the volatility of investment demand and draw into question whether this is a top for the gold price…
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Thursday, December 10, 2009
OPTIONS PLAY: COMEX SILVER Reaches Major Support / Commodities / Options & Warrants
After this huge correction in COMEX SILVER it has touched MAJOR support.
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Thursday, December 10, 2009
Commodities ETF Trading Gold, Silver, Crude Oil, and Natural Gas / Commodities / Commodities Trading
Etf trading has made it so easy for traders and investors to get maximum exposure to the entire market without the high fees of mutual funds and manager. There are now etfs covering almost every investment type whether it’s stocks, indexes, sectors, commodities, bonds, real estate, currencies etc…
In this short report I will quickly show a few charts on what is happening for precious metals and energy.
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Wednesday, December 09, 2009
Should the Weakness in The Silver-to-Gold Ratio Make You Worried? / Commodities / Gold & Silver 2009
In my previous essay, apart from commenting on the current situation and suggesting that the top is in for the precious metals sector, I also wrote about the positive fundamental outlook for this particular market as far as long term is concerned. I wrote the following:
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Wednesday, December 09, 2009
Awaiting Downtrend Reversal Signal for Gold / Commodities / Gold & Silver 2009
From the perspective of the Bollinger Bands, spot gold prices appear to be traversing the entire band width from $1225 to $1099 prior to expectations of a tradable low (buying opportunity). Let’s keep an eye on spot gold prices for additional weakness into the $1100 area and a technical upside reversal signal. If such a scenario unfolds, then we should look for a buying opportunity in the SPDR Gold Shares (NYSE: GLD) in the 108.30-107.90 target zone.
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Wednesday, December 09, 2009
Gold Gets Hit Hard, Goldbugs Buying Opportunity or Time to Panic? / Commodities / Gold & Silver 2009
On Thursday of last week, gold hit an all-time high of $1,227 an ounce. Since then, gold’s price is down to $1,145 per ounce for a quick loss of nearly 7 percent.
Strong U.S. employment data were cited as the reason behind this move and other fireworks in the financial markets.
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Wednesday, December 09, 2009
Crude Oil Down Near $70 / Commodities / Crude Oil
After failing to cruise past the $80 level in recent weeks, crude oil has drifted lower toward the $70 mark. A report Wednesday (December 9) that indicated an unexpected drop in US crude supplies helped push the price of a barrel of crude oil back above $73 a barrel in early morning trade Wednesday. Still, oil remains relatively low in the near-term.
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Wednesday, December 09, 2009
Natural Gas Outlook 2010 / Commodities / Natural Gas
The outlook for natural gas remains negative as the supply of the fuel outstrips demand. This situation will remain in place throughout the 2009-2010 heating season, unless the U.S. experiences an extremely cold winter. The earliest this situation will change will be during the 2010 - 2011 heating season, when available supply might be lower. Until then investors should tread carefully when considering the natural gas market.
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Wednesday, December 09, 2009
Gold Bounces from $1125 / Commodities / Gold & Silver 2009
THE PRICE OF GOLD bounced from a new 3-week low of $1125 in Asia and London on Wednesday, rising back above what several analysts called "key support" at $1138 as the US Dollar eased back on the forex market.
European equities moved in a tight range, unchanged from nine weeks ago.
Wednesday, December 09, 2009
Gold Bubble Bursting or Just Another Correction and Consolidation? / Commodities / Gold & Silver 2009
Gold's sell off continued yesterday with gold down some 2% but it has stabilised in European trading and is trading at $1,141/oz. Gold has fallen by less in euro and GBP terms and is trading at €772/oz and £700/oz. Support for gold is currently seen at $1,122/oz and resistance at $1,167/oz.
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