Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

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!”

Sunday, October 04, 2009

Gold and Silver Quick Consolidation or Serious Breakdown? / Commodities / Gold & Silver 2009

By: Przemyslaw_Radomski

In my previous essay, I commented i.a. on the situation in the U.S. Dollar. I wrote the following:

There are several factors that make me think that we may move a little higher - above 77 but not higher than the 78 level. The declining trend line (thick blue line) provides a solid resistance right now, and it has not been reached yet. Moreover, the breakdown below December 2009 low has not been verified yet, and a brief move higher from here would verify it.

Sunday, October 04, 2009

Gold Needs to Hold Important Support / Commodities / Gold & Silver 2009

By: Douglas_V._Gnazzo

Gold - Gold had a good week, gaining $12.10 (+1.22%) to close at $1003.00 for a weekly gain of +1.22%. So far this year gold is up 13.7%.

The daily chart below shows GLD testing its recent breakout above the June high, as marked by the dotted horizontal support line. Gold has already tested this level previously and bounced higher.

Sunday, October 04, 2009

Gold Long-term Rating Remains Bullish / Commodities / Gold & Silver 2009

By: Merv_Burak

So, the 2016 SUMMER Olympics will be held in WINTER.  Do I have that right?  On the other hand I guess it’s summer all year round in Rio.  Nothing helped the precious metals market this week.  Maybe we’ll see more movement this coming week.

Sunday, October 04, 2009

Gold Price Forecast October 2009 Update / Commodities / Gold & Silver 2009

By: Bill_Downey

There was financial life before the 2008 meltdown……….and there is going to be life after the 2008 meltdown.  It is the most significant event in modern day financial history as far as the total effect and financial drawdown that it has unleashed.  It’s a shock wave and repercussion that stems from the August 1971 removal of the United States Dollar from the gold standard by Richard M Nixon.  If you have time I urge you to watch the broadcast from that evening.  You can Google it.  It’s worth the listen, especially listening to Nixon telling the American people that this is being done for their sake and their well being.  Telling us that it’s to make the nation competitive again (sic).  To teach the dollar speculators a lesson proclaimed Nixon.  Watching it now, I couldn’t help but ponder how naïve we must all have been to swallow that dialogue. 

Sunday, October 04, 2009

Russian Technology is Useless in Developing Worlds Largest Natural Gas Field / Commodities / Natural Gas

By: Pravda

Russia does not possess several technologies required for the development of the Shtokman field – one of the world’s largest natural gas fields – in the Barents Sea. A number of works, including the building of deep-water pipeline, will most likely be conducted by foreign contractors, RIA Novosti news agency said with reference to Dmitry Dmitriyenko, the governor of the Murmansk region.

Saturday, October 03, 2009

How to Skew the Odds in Your Favor in the Investment Game / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Well-known and highly regarded throughout the mining and exploration community, Mercenary Geologist Mickey Fulp knows stocks as well as rocks. When he's not poring over financial reports, drill results and commodity trends, he's out in the field checking properties of some of the companies he follows—whether the treks take him just below the U.S.-Mexican border, over to Haiti or all the way to Armenia. In this exclusive Gold Report interview, Mickey shares his thoughts about some of his favorites in the sector and reminds investors, "Do your own due diligence, dude."

Saturday, October 03, 2009

Why All the Fuss Over Rare Earth Metals? / Commodities / Metals & Mining

By: Doug_Horning

Doug Hornig Senior Editor of Casey’s International Speculator writes: Rare earth elements (REEs) have been the mystery metals of the mining world for years. Now, suddenly, everyone’s heard about them.

Friday, October 02, 2009

What Do Gold Price Fundamentals Say about the Future of Money? / Commodities / Gold & Silver 2009

By: Julian_DW_Phillips

The gold price is now holding just below $1,000 and consolidating. Why is it at a high point having fought to get there over the last 18 months or so? Since it first broke through the 30 year high of $850 it has held its ground. It has steadily built a base over $850 and is moving if it has not already moved to a clear Point of Resolution, where it will show itself as either having had its day or is at the beginning of a new day. Which way will it go? As many believe that it move the opposite way to the $, it is telling us that the $ is also at a Point of Resolution.