Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, December 02, 2009
The Global Gold Bull Market / Commodities / Gold & Silver 2009
By: Adam_Brochert
Does anyone remember how so called Gold experts (like Jon Nadler over at Kitco.com) were recently saying that the move in Gold wasn't meaningful because it was only making new highs in U.S. Dollar terms? Are all those experts currently publishing articles to admit how they were pretty far off base? Since I already know the answer to this question, here's a 1 year price of Gold priced in Euros (from goldprice.org):
Wednesday, December 02, 2009
Silver's Turn to Shine / Commodities / Gold & Silver 2009
By: The_Gold_Report
Not that there's a link between the two, but as the legendary Peter Grandich celebrates his silver anniversary as a market commentator, he tells The Gold Report in this exclusive interview that having been left behind in the big run-up in gold, silver's time has come to steal the limelight for a while. Peter, who started publishing The Grandich Letter 25 years ago and this month celebrates his first anniversary as Agoracom's market analyst too, also considers the current stock market rally as a gift delivered in the eye of the storm. Longer term, he expects America's underlying economic problems to result in prolonged sagging trading performance such as Japan has experienced over the past 20 years. Accordingly, he's alerting investors "to remove their bullish hats if they're still wearing them." As Peter's motto goes, "It's better to be a live chicken versus a dead duck."
Tuesday, December 01, 2009
Using Gold's Cyclical Model to Trade Junior Gold Stocks / Commodities / Gold & Silver Stocks
By: Bob_Clark
Gold is cyclical. Can knowing this help us make logical trading decisions about low priced gold stocks known as Juniors? Do these wild, speculative stocks even care what the price of gold is doing. Even if they do, why would I want to gamble on such a high risk investment? Lets take a look.
Since gold has bolted to new highs, I am getting more questions about the gold ETF, gold stocks, their options and juniors in particular. Here are a few of the questions and issues.
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Tuesday, December 01, 2009
USD$ Reaches Key Support / Commodities / Commodities Trading
By: Donald_W_Dony
KEY POINTS
• USD$ hits major support zone. Stability expected until Q1
• Gold reaches second target of $1145, Weakness expected by January
• Oil starts seasonal strength in December. $88-$89 remains next target
Tuesday, December 01, 2009
Devastating Oil Crisis Ahead? / Commodities / Crude Oil
By: Joseph_Dancy
John Hess, the Chairman of the US independent producer Hess Corporation, issued a warning last month to global governments claiming a “devastating oil crisis” looms large on the horizon if global action is not instituted. In a speech delivered at the Money & Oil conference, Hess said that once economic growth recovers, it is likely the world will return to the market conditions of one year ago:
Tuesday, December 01, 2009
Gold Attempting to Break Above $1200 As Barrack Ends Hedging / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD hit a new intra-day high in London trade early Tuesday, driven within $1.50 of $1200 per ounce as world stock markets leapt and the US Dollar sank after Dubai World – which requested a "debt freeze" last Thursday – said it's in talks to restructure almost half of its $59 billion owing.
The Dollar fell below $1.50 per Euro for the third time in six weeks. Crude oil rose above $78 a barrel.
Tuesday, December 01, 2009
Gold Rich Australia Hikes Interest Rates Again / Commodities / Gold & Silver Stocks
By: Neil_Charnock
Interest rates are up again here in Australia as the RBA hikes our prime rate by 0.25% to 3.75%. One bank has already come out with a 0.45% hit on mortgage borrowers of nearly double that figure. The Federal Treasurer stated that the banks have no justification to take this policy course however I beg to differ – truth is they have to rebuild their balance sheets to cover the bad and doubtful loans on their books – some of which are disguised as performing assets.
Tuesday, December 01, 2009
U.S. Oil Lobby is Blind to the Looming Spike in Crude Prices / Commodities / Crude Oil
By: Money_Morning
Kent Moors, Ph.D. writes: John Felmy has been the chief economist of the American Petroleum Institute (API) for years. He’s well respected. And I appreciate his experience. But the two of us disagree more often these days.
We most recently locked horns at Malone University in Canton, Ohio, last week, where we were debating the future of oil. (Actually, when the invitation was made, I was supposed to debate Sarah Palin. But she pulled out to go on the road and pitch a book she didn’t write.)
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Tuesday, December 01, 2009
Gold and Silver Soared During November / Commodities / Gold & Silver 2009
By: GoldCore
Gold traded between $1,177/oz and $1,187 overnight and has continued its move upward this morning and reached $1,199.22/oz a new record nominal high – a fraction away from the psychological $1,200/oz. Gold is currently trading at $1,197/oz and in euro and sterling terms, it is trading at €793/oz and £722/oz respectively, near record nominal highs in both currencies. Gold rose by 14% in sterling terms in November and by 10.6% in euro terms.
Tuesday, December 01, 2009
The New Gold Rush Is Underway / Commodities / Gold & Silver 2009
By: LewRockwell
James Quinn writes: Although the British-based bank has decided to stop retail investors depositing the shiny stuff at its New York vaults in favour of storing gold for higher paying institutional customers, it has not stopped the rest of the world from clamouring to join the gold rush.
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Monday, November 30, 2009
Agri-Food Companies Are a Good Contrast with Gold stocks / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Over the Thanksgiving holiday driving I-95 in Florida provided some insight into the state of at least some segments of the U.S. economy. I-95 is the major North-South highway on the East coast of Florida. It runs from Miami to Georgia. Driving it from mile marker 47 to about mile marker 300 provides a fairly complete sample of travel activity in the state. Travel activity in Florida is a reflection of economic activity within the nation.
Monday, November 30, 2009
If the U.S. Eonomy Weakens Again, What Happens to Gold and Base Metals? / Commodities / Metals & Mining
By: HRA_Advisory
The announcement of a surprisingly large US trade deficit for September had some assuming the US consumer is back in a buying mood. Alas, the much watched Michigan consumer confidence index for November quickly followed, and it is off a large 4.6 points, from 70.6 in October to 66.0 now. The import gains were largely for crude oil, and there was some gain from the “declunkering” auto sector. Even in weak markets there will periods of restocking that have to be figured into single bits of data. Before Friday was done inventory levels for crude came out that were full enough to knock its price back from recent highs.
Monday, November 30, 2009
Gold Miners Making More Money? / Commodities / Gold & Silver Stocks
By: Adam_Brochert
Mining is a tough business and profits are rarely easy to come by. I learned the concept of the "real" price of Gold from Bob Hoye at Institutional Advisors. This concept ignores the nominal price of Gold (i.e. ignores the currency effect, which is difficult for paperbugs but easy for long term Gold bulls) and focuses on the price of Gold relative to the price of other commodities as a ratio. Mr. Hoye has his own proprietary index, but as we all stand on the shoulders of giants before us, I use my own proxy of this ratio by dividing the Gold price by other commodities indices (I typically use the Continuous Commodities Index [$CCI]).
Monday, November 30, 2009
Iran’s Nuclear Ambitions Highlight Kazakhstan’s Uranium Potential / Commodities / Uranium
By: OilPrice_Com
One bonus of the global recession is that it wiped a lot of incompetent hedge fund managers and energy speculators from the canyons of Wall Street. As the Gordon Gecko sycophants regroup and look for the next Big Thing, maximizing profit while minimizing risk, the landscape looks very different than it did a year ago. In such a climate, it is uranium, not oil and natural gas that would seem to have the brightest future for one simple, overriding capitalist principle – supply and demand. Read full article... Read full article...
Monday, November 30, 2009
China Sees Buying Opportunity in Gold and Crude Oil Drop / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD traded in a wide 1.5% range early Monday in London, bouncing fast from a dip to $1165 as world stock markets reversed last week's gains and crude oil slipped below $76 per barrel.
The "safe haven" US Dollar rose on the forex market, alongside the Japanese Yen.
Monday, November 30, 2009
Gold Volatility to Rise as Next Phase of Global Credit Crisis Unfolds / Commodities / Gold & Silver 2009
By: GoldCore
Gold touched $1,179/oz overnight but has since dropped slightly. Gold is currently trading at $1,171/oz and in euro and sterling terms, gold is trading at €778/oz and £709/oz respectively. Read full article... Read full article...
Monday, November 30, 2009
The Speculator / Commodities / Commodities Trading
By: Howard_Katz
My first financial newsletter was called “The Speculator.” My dictionary defines speculate as:
- “to engage in thought or reflection;”
- “to buy and sell commodities, stocks, etc. in the expectation of a profit through a change in their market value.”
- from Latin, speculatus, observed, examined:
Monday, November 30, 2009
Silver Plods Along Whilst Gold Soars, Bearish Wedge Pattern? / Commodities / Gold & Silver 2009
By: Clive_Maund
While gold has soared in recent weeks silver has put in a plodding performance unable, thus far at least, to break above the zone of major resistance and the return line of the uptrend channel in force from late last year shown on our 2-year chart. Of course, if gold marshalls itself soon and resumes its advance then we can expect silver to overcome these restraining influences.
Monday, November 30, 2009
Overbought Gold Runs into Dubai Debt Crisis Turbulence / Commodities / Gold & Silver 2009
By: Clive_Maund
Last week gold continued to rise to become super-extremely overbought as measured by short-term oscillators and then ran into heavy turbulence late in the week as the Dubai debt problems surfaced. The purpose of this update is to try to figure whether the action last week marks the start of a significant corrective phase.
Sunday, November 29, 2009
CO2 In The Cuckoo's Nest / Commodities / Climate Change
By: Andrew_McKillop
ITS A GAS
Climategate has come and gone, like Dubai World, with only ripples in the agonizing V-shaped, W-shaped or X-shaped recession and recovery sequence. Recession and recovery of hopes and fears that COP15 will be a success or failure have also rippled.