Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, October 18, 2009
Fool's Gold Basis / Commodities / Gold & Silver 2009
A year ago I conducted a Seminar on the gold basis and backwardation in Canberra, Australia. I suggested to my audience that the gold basis (premium in the nearby futures on spot gold, with negative basis meaning backwardation) as a "pristine indicator that, unlike the gold price, cannot be manipulated or falsified by the banks or by the government. Thus it is a true measure of the perennial vanishing of spot gold from the market, never to return, at least not as long as the present fiat money system endures."
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Sunday, October 18, 2009
Gold New High Breakout Signals Short-term Topping Action / Commodities / Gold & Silver 2009
The market action is signaling a short term topping activity but not yet one of a longer term nature. The next few days or weeks may give us a better clue as to the longer term direction for gold.
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Saturday, October 17, 2009
Where's Crude Oil Going Next? Boom or Bust / Commodities / Crude Oil
Everyone's been complaining about the cost of living as the economic crunch really takes hold. Money's getting tighter, everything's getting more expensive and the government's "inflation" numbers don't seem to be totally accurate or honest.
But fortunately for our pocketbooks, oil hasn't yet gone on the sort of giddy rise we've seen in the stock market (and gold too, for that matter).
Saturday, October 17, 2009
Will Crude Oil be Prices in Currencies Other than the U.S. Dollar? / Commodities / Crude Oil
We sent you this Alert on the 6th October, based on a report from a leading British newspaper, the "Independent": - Further to our Alert of the 20th August 2009 we have just received newspaper news [we need to hear this from the States involved first before it is accepted] that we have been forecasting for some years: -
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Friday, October 16, 2009
The Federal Reserve Is Openly Telling You to Buy Gold and Silver / Commodities / Gold & Silver 2009
Porter Stansberry writes: At the end of last year, I began writing about what I saw happening as the Federal Reserve started assuming the liabilities of the investment banks and the federal government began deficit spending at an unprecedented pace.
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Friday, October 16, 2009
Gold Breakout or Fakeout? Gold and U.S. Dollar Analysis / Commodities / Gold & Silver 2009
In one of the previous essays I’ve drawn Readers’ attention to the fact that gold has now decisively broken above the $1,000 level, and that this profound action has important implications for all gold and silver investors. I have received many e-mails from investors (for which I am thankful) and several of them asked about the price of gold in currencies other than gold. Therefore, this week I will provide you with analysis of gold with emphasis on its price in currencies other than U.S. Dollar.
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Friday, October 16, 2009
Gold and the Stock Market Uber Reflation Rally / Commodities / Gold & Silver 2009
"What's not to love in this über-Reflation Rally redux...?"
JUST IMAGINE – two things you think can't possibly happen together suddenly happen together.
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Friday, October 16, 2009
Gold Relativity Trading, Buy Low, Sell High / Commodities / Gold & Silver 2009
The ultimate key to success in all trading, both long-term investment and short-term speculation, is simple. Buy low, sell high. Excel in this, and trading the financial markets will eventually make you wealthy. But implementing this well-known proverb into your own trading certainly isn’t easy. As always, the devil is in the details.
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Friday, October 16, 2009
Gold Will be Driven to Dizzying Heights by Green Energy and Healthcare Reform / Commodities / Gold & Silver 2009
Warren Buffett calls it “a drug.”
Ireland’s finance minister calls it “a weapon.”
It’s one of the ultimate temptations for politicians.
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Friday, October 16, 2009
Gold Falls, But Basic Strength Remains Intact / Commodities / Gold & Silver 2009
THE PRICE OF GOLD ticked lower in early London trade on Friday, slipping through yesterday's low of $1045 per ounce to hold unchanged on the week
Dropping 2.5% from Wednesday's new record high for Dollar investors, the gold price headed towards the weekend lower against all other major currencies bar the Japanese Yen.
Friday, October 16, 2009
Gold Versus Global Foreign Exchange Reserves Growth From $0.5 Trillion To $7 Trillion / Commodities / Gold & Silver 2009
Gold is currently trading at $1,048.10/oz. In euro and GBP terms gold is trading at €703/oz and £640/oz. Support for gold is currently seen at $1,034/oz and resistance is at $1,054/oz. Gold took a much needed breather yesterday and fell some 1%.
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Friday, October 16, 2009
Russia Goes to Romania for Major Natural Gas Deal / Commodities / Natural Gas
Romania is interested in the South Stream project, Aleksei Miller, the head of Russia’s Gazprom said October 8. There were no talks conducted with Romania on the subject before. If Bucharest agrees, Russia will obtain more opportunities to implement the vital project
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Friday, October 16, 2009
Peak Oil, The Truth About Energy / Commodities / Crude Oil
After oscillating within a trading range for several weeks, the price of crude oil has recently broken out to a new recovery high. Now, you will recall that we have been firm believers of ‘Peak Oil’ since 2003 and we were expecting this bullish resolution.
Look. Sceptics can say what they want; it does not change the fact that our world is struggling to maintain daily flow-rates. Whether you agree with us or not, the energy reality is that the supply of conventional crude oil is very close to its peak and no other fuel source can fix the problem.
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Friday, October 16, 2009
Gold and Silver the Final Blast-Off? / Commodities / Gold & Silver 2009
At this point, I am a little reluctant to state this is the final blast-off and that we will not see gold below US$1,000 ever again. Certainly the percentages are with the precious metals investors and it seems gold has nowhere to go but up. As we know, you’re at a level that has been resistance in the past ($1,000), and that area has been resistance for gold for quite some time. And once that level is penetrated for three days in a row then you have a strong probability that the trend is going to continue. In fact, we alerted our subscribers to that very fact!
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Friday, October 16, 2009
Renewable Energy Investing, Magma Heating up Geothermal Space / Commodities / Renewable Energy
Today, geothermal represents a tiny piece of the global energy mix, but it is growing rapidly in some western U.S. states and more than 20 other countries where the ground is literally hottest. According to the Canadian Geothermal Energy Association, global geothermal production may triple over the next 10 to 30 years as demand for clean power increases. In this exclusive interview with The Energy Report, entrepreneur extraordinaire Ross J. Beaty talks about how he intends to offer investors a heretofore unavailable opportunity to ride that growth wave, what sparked his interest in the geothermal arena, and where he sees many similarities between mining for metals and capturing the energy from the magma beneath the earth's crust. (Hot water and steam from the magma are piped to the surface to drive turbines to generate electricity). Ross, who has earned himself a sterling reputation and world renown for scratch-building wealth-creating resource companies, is applying his considerable expertise and team of experts to a new enterprise, Magma Energy Corp. The company just went public in a heavily oversubscribed IPO in July.
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Friday, October 16, 2009
First the Gold Bust then Gold Boom, First the U.S. Dollar Rally then the Dollar Bust / Commodities / Gold & Silver 2009
This will be the gold tune for the next 10 to 12 months.
The fireworks should begin in about one year.
Thursday, October 15, 2009
Gold GLD ETF Warning, Incongruities in the GLD Gold Bar Registry / Commodities / Gold & Silver 2009
Earlier this week, I wrote about possible “incongruities” in the gold bar registry of GLD. Specifically, here is what has happened to the GLD bar list which is published each Friday at approximately 4:30 pm EST. An alert reader I communicate with [who shall remain anonymous] has been documenting the length of the published GLD bar list:
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Thursday, October 15, 2009
U.S. Dollar Woes Boost China's Global Resource Investments / Commodities / China Economy
Keith Fitz-Gerald writes: Washington continues to believe that the U.S. dollar is a weapon and most of the G8 is playing along. They simply can’t see – or won’t acknowledge – where the dollar is actually headed, even though the evidence is right before their eyes.
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Thursday, October 15, 2009
Gold Falls Hard as British Pound Surges Higher / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell sharply on Thursday morning in London, losing 2% from yesterday's new record high to unwind all of the week's gains-so-far for Dollar investors.
European shares ticked lower and New York equity futures pointed down after the Dow Jones index closed last night above the 10,000 level for the first time in 12 months.
Thursday, October 15, 2009
Gold and Gold Stocks to Benefit from Current Economic and Political Climate / Commodities / Gold & Silver 2009
Gold and gold stocks are going to continue to benefit from the current economic and political climate. This opinion is based on what I consider to be the true state of the global economy and other prevailing head winds. Martin Hutchinson penned a great article “When Money Becomes Worthless” promoted on GATA this morning (I got it via Chris Mullen’s Gold-Seeker email update service) and posted at the PrudentBear.com.
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