Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, October 23, 2009
Enter the Dragon, Chinese Citizens Significantly Increasing Gold and Silver Ownership / Commodities / Gold & Silver 2009
Gold is currently trading at $1,054.60/oz. In euro and GBP terms, gold is trading at €704.60/oz and £637/oz. Support for gold is currently seen at $1,043/oz and resistance at $1,070/oz. Gold closed Friday night trading at $1,058.70/oz. In euro and GBP terms gold is trading at €704.55/oz and £642/oz. Gold looks set for its fourth week of gains (if it can remain above $1,053/oz) and this would be bullish technically.
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Friday, October 23, 2009
Crude Oil Medium Term Uptrend in Re-established / Commodities / Crude Oil
S/term strength in Brent Crude Oil has put former bears firmly on the sidelines, with new 2009 highs recently seen. Any pullbacks are now likely to be temporary ahead of further upside action.
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Friday, October 23, 2009
Silver Back up to $20? / Commodities / Gold & Silver 2009
Andy Sutton: Hello everyone. Welcome to Contrary Investors Café for the Rocks and Stocks Report. My name is Andy Sutton and this week we have an exciting guest, David Morgan from Silver-Investor.com. I don’t think this really needs much preamble, so without ado let’s get right into the interview with David Morgan.
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Friday, October 23, 2009
Gold Gains New Friends / Commodities / Gold & Silver 2009
Press rumors of planning meetings to shift crude pricing away from the US$, plus a 0.25% increase in Australia’s bank rate, has put some serious bounce in gold and silver prices. The yellow metal has convincingly moved past its old high, in US$ terms, and we expect that move to continue. Whether the details of the meetings reported in London’s The Independent are accurate in every detail or not, markets have had no problem accepting the basic point that the greenback cannot expect long term support as the globe’s reserve currency.Read full article... Read full article...
Friday, October 23, 2009
Gold IS the Best Game in Town / Commodities / Gold & Silver 2009
Gold IS the best game in town and when the music stops it may be the ONLY game in town that can yield any sort of return. The music I refer to here is the sound of spin given some measure of credibility (only to the un-initiated) by massive stimulus spending which has kept this farce of an economy on its last legs through various stages for 9 years.
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Thursday, October 22, 2009
Gold implications of Central Banks Monetizing the Financial Markets / Commodities / Gold & Silver 2009
Around 2005, I wrote an article that predicted that when the US housing bubble broke, there would be a stock/financial crash – and this:
“When markets collapse, the US Fed and other central banks will end up having to buy up the markets, and basically monetize them…in the $trillions”
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Thursday, October 22, 2009
Bullish Set-Up for Silver SLV ETF / Commodities / Gold & Silver 2009
Let's notice that today's early weakness in the iShares Silver Trust (NYSE: SLV) came right down to its week-long support line at 17.02, which contained the weakness, after which the price structure pivoted to the upside into a spike that is nearing a test of the 10 day resistance line, now at 17.48.
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Thursday, October 22, 2009
Gold Steady Amidst Concerns About Disorderly Monetary and Economic Crisis Increasing / Commodities / Gold & Silver 2009
Gold is currently trading at $1,054.60/oz. In euro and GBP terms, gold is trading at €704.60/oz and £637/oz. Support for gold is currently seen at $1,043/oz and resistance at $1,070/oz.
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Thursday, October 22, 2009
Gold Against the Dow - The Forest / Commodities / Gold & Silver 2009
Those who have read my rants are probably tired of hearing about the Dow to Gold ratio, yet my realization of the significance of this ratio and my desire to spread its message began my blogging journey. Please excuse me if I continue the theme. If you are not familiar with the Dow to Gold ratio, start with this link for background information.
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Thursday, October 22, 2009
Gold's "Yo-Yo Action" Confirms Buying Interest; India & China Show Rising Demand / Commodities / Gold & Silver 2009
WHOLESALE INVESTMENT gold prices bounced from an early dip in London on Thursday, rising to $1057 an ounce as world stock also turned higher but remained more than 1% down on the day.
The US Dollar slipped back beneath $1.50 per Euro, a 14-month low.
Thursday, October 22, 2009
Can Americans Really Buy The Canadian Mining Stocks? / Commodities / Gold & Silver Stocks
We are of the opinion that the Canadian mining stocks are close to a spectacular breakout very soon and we think it timely to revisit one of our articles of a few years ago.
Are the potential gains only for Canadian investors?
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Thursday, October 22, 2009
Dr Kent Moors Details The Future of Energy and Opportunities for Investors / Commodities / Energy Resources
Money Morning - Renowned Oil Expert Dr. Kent Moors Details Shortages of Oil, the Impact of Higher Prices, the Promise of New Technologies and the Opportunities For Investors
Dr. Kent Moors is one of the world’s foremost experts on oil, energy policy, finance, risk management and new technologies. Moors advises the leaders of six oil-producing countries, including the United States, as well as global corporations and banks operating in 25 countries.
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Thursday, October 22, 2009
Commodity Trading Report for Gold, Silver, Crude Oil and Natural Gas / Commodities / Commodities Trading
Precious Metals – Gold GLD fund – Silver SLV Fund – PM Stocks GDX Fund
We could start to see a shift between the price relationship between gold and the broad market. I pointed this out last week mentioning that gold and silver are starting to hold up in value while stocks sell off on big days. For example, Wednesday’s sell-off in equities did not have much effect on precious metals. This is what we want to see. It means money is moving out of stocks and into gold and silver bullion as a safe haven.
Wednesday, October 21, 2009
Natural Gas Market, What's Going On? / Commodities / Natural Gas
An era can be said to end when its basic illusions are exhausted – Arthur Miller (American Playwright)
There has been a fair amount of talk about the glut of Natural Gas on the market today and how full capacity storage could threaten us by the end of the year. This is a very interesting situation. We are running close to full capacity, yet natural gas prices refuse to go down. In fact, we have had quite a rally off the September lows, moving from slightly below $3.50 to $5.23, up just shy of 50% (November contract).
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Wednesday, October 21, 2009
GDXJ ETF, A Golden Star is about to be Born / Commodities / Gold & Silver Stocks
A new ETF is being introduced to the investing community by van Eck Global, the same corporation that is behind a number of ETFs, including GDX, the Gold Miners ETF. This ETF (symbol GDXJ) will represent 38 junior mining and exploration companies that have mining potential. The complete listing is available at the bottom of this article.
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Wednesday, October 21, 2009
Another Important Market Has Given a Clear Buying Signal … / Commodities / Crude Oil
During the past six weeks gold has broken above two very important resistance lines thus giving clear buy signals. And I presented several more arguments calling for much higher gold prices in my Money and Markets columns of September 9 and October 14.
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Wednesday, October 21, 2009
Gold Falls with Stocks, Crude Oil and Bonds / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell hard as the US Dollar bounced in London trade Wednesday morning, dropping back to $1050 an ounce.
World stock markets also fell, down 1.0% from Tuesday's new 2009 highs, while crude oil slipped $1 per barrel from yesterday's 12-month highs above $80.
Wednesday, October 21, 2009
Niall Ferguson Says U.S. Dollar is Doomed; U.S. Empire is Finished / Commodities / Gold & Silver 2009
Gold is trading at $1.056/oz this morning and traded in a very tight range overnight. In EUR and GBP terms, gold is trading at €707/oz and £638/oz respectively.
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Wednesday, October 21, 2009
Has Gold Confirmed Weekly Breakout? / Commodities / Gold & Silver 2009
With the new highs we have seen in October, the time has arrived where gold is making an important decision in its medium and long term price direction. In other words it has arrived at a major inflection point when viewed on a weekly price chart. We’ve been tracking this medium term breakout scenario and this is a follow-up to some of the recent articles published.
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Tuesday, October 20, 2009
What's Behind the Big Jump in the Gold Price / Commodities / Gold & Silver 2009
Since the bull gold market began in 2001, Gold Drivers Report publisher and Bullion Store proprietor Eric Hommelberg argues that gold has significantly outperformed the Dow in terms of valuations, and as he sees it, the bull run will last at least until the middle of the next decade. The rhythm of this market over the past eight years tells him that $1,000 gold is history, and we can expect the current climb to push the price past the $1,250 mark next spring. In this exclusive Gold Report interview, Eric tells readers why. He also explains that while he prefers the precious metals in physical form, he recommends holding a select set of junior explorers, too—ones with trustworthy, savvy managements and promising drill results.
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