Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, September 10, 2009

Reasons for Major Gold Breakout / Commodities / Gold & Silver 2009

By: Jim_Willie_CB

Before the Hat Trick Letter was launched, a little splash was made when a Jackass Nobody wrote “25 Reasons Why Gold Will Rise” in November 2002. It was so many years ago that the piece no longer appears in archives. The motive for the article was simple. Just too much pure nonsense and genuine rubbish had appeared in the financial press about why gold was rising. ‘THEY’ claimed the gold price was rising from MidEast tensions, from new global tensions due to a False Flag attack on New York City in broad daylight, and from other factors clearly irrelevant to gold. It was not disinformation so much as stark ignorance and stupidity, perhaps even compromised marketing from the fiat bowels on Wall Street. The crack analysts in financial circles overlooked the negative real interest rates offered by central banks, as the miniscule official rates were overwhelmed by price inflation, thus rendering gold a free pass profitable investment. Stupid inane mindless drivel continues to pour out today as to why gold has reached the $1000 level.

Thursday, September 10, 2009

Gold Follows Stocks Lower / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD fell to a one-week low against the US Dollar on Thursday morning in London, trading at $984 an ounce as European stock markets also fell for the first time in six days.

"After six up days it looks like we finally ran into sellers," says one bullion bank, Scotia Mocatta, in a technical note to clients.

Thursday, September 10, 2009

Gold Succumbs to Profit Taking / Commodities / Gold & Silver 2009

By: GoldCore

Gold may have succumbed to profit taking and has slipped to $992.50/oz. It constantly rebounded to challenge $1000/oz yesterday and if this happens again, gold is likely to regain its momentum and challenge the March 2008 record highs of just over $1,030/oz. If the profit taking continues, fresh investors will possibly wait in the wings to gauge the best entry point.

Thursday, September 10, 2009

Derivatives Collapse and the New China Gold and Silver Markets / Commodities / Gold & Silver 2009

By: Bob_Chapman

In 2009, China opened up various exchanges for investment in both gold and silver to the Chinese public, which previously was not allowed to invest in gold and silver. The opening of silver exchanges to the Chinese public is the most recent development and was accompanied by a ban on silver exports. The Chinese government is actively touting both gold and silver as an investment to the Chinese public, and with good reason. The yuan, like the dollar and virtually all other paper currencies, with the exception of the euro, are one hundred percent fiat currencies backed by absolutely nothing but government promises which aren't worth the powder to blow them to hell. Even the euro's gold backing is pathetic at best. Initially it was a respectable 15%, but the backing is probably now about half of that due to Washington Agreement gold sales and surreptitious gold leasing.

Thursday, September 10, 2009

Natural Gas Bottoming, Gold and Crude Oil Breakout / Commodities / Commodities Trading

By: Chris_Vermeulen

How to trade hot commodities like natural gas, oil and gold – We should see big moves in the coming weeks as gas bottoms, and oil & gold breakout or breakdown. A lot of money is going to be exchanging hands quickly and the key is to be on the receiving end of things. Below are some charts showing where these commodities are trading.

Wednesday, September 09, 2009

Buying Gold appeals most when everything else fails to hold value... / Commodities / Gold & Silver 2009

By: Adrian_Ash

SO YOU GET BACK after Labor Day as summer ends, and what do you find...?

Deposit accounts are still paying zero, the stock-market's trading way above its average price-earnings ratio, housing could have another 15% to fall before finding rock bottom, and central bankers would be drowning in ink if they didn't use photons to create money instead.

Wednesday, September 09, 2009

Gold Price Steady at $999 on the 9/09/09 / Commodities / Gold & Silver 2009

By: GoldCore

Gold: An expected period of profit taking pushed gold back from its high of $1007/oz yesterday. However, a very good indicator of gold’s sustainability has been visible today as it has constantly tested the $1000/oz level. It is currently trading at $999.30 and a strong hold above $1000/oz for a couple of closes should clear away profit takers, stage fresh entry points for new investors and mount an assault on fresh highs. The London PM Fix was at $999.50/oz.

Wednesday, September 09, 2009

Smoke and Mirrors: The Story of Fiat Currency Abuse / Commodities / Gold & Silver 2009

By: Nick_Barisheff

September 15, 2009 | 4:15pm ET, 60 Minutes Free Webinar

Expert Speaker: Richard Karn, Emerging Trends Report

Wednesday, September 09, 2009

Gold Targets New High After Busting Through $1,000 / Commodities / Gold & Silver 2009

By: Money_Morning

Jason Simpkins writes: Is gold ready to break out?

Gold broke through the psychologically important $1,000-an-ounce level for the first time in 18 months yesterday (Tuesday) as the U.S. dollar slumped against key foreign currencies, exacerbating investor fears that loose fiscal and monetary policies will spur inflation as the U.S. economy recovers.

Wednesday, September 09, 2009

Technical Traders Try and Push Gold Back Through $1,000 / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD rose above $1,000 an ounce as the start of US dealing drew near on Wednesday, only to fall back for the third time in two days.

Government gilt and bund prices fell as European stock-markets rose for the fourth session running. US crude oil futures added further to Tuesday's 4.5% jump.

Wednesday, September 09, 2009

Gold Breaks Above $1,000 an Ounce, What’s Next? / Commodities / Gold & Silver 2009

By: Claus_Vogt

Yesterday, gold broke the $1,000-an-ounce barrier, after rising from $950 per ounce last week.

It was the precious metal’s fifth run-up to the round number. And now there are many signs indicating that yesterday’s decisive break is of major importance.

Wednesday, September 09, 2009

Can Trend Following End In The Commodity Markets? / Commodities / Commodities Trading

By: Andrew_Abraham

The question is… Can trend following end? First of all… anything can happen and it will happen. However as a long time trend follower, in my opinion there are numerous reasons why I do not believe trend following can or will end. The question came up when I was in a meeting with an institutional investor earlier in the week and in all of his years exposed just to the equities markets, he was skeptical of trend following. He asked if everyone knew the concept of trend following the results would falter.

Wednesday, September 09, 2009

Deflation and Inflation Impact on Gold Price / Commodities / Gold & Silver 2009

By: The_Gold_Report

The deflation-versus-inflation debate emerges as the flavor-of-the-day as we set out on what's likely to be a bumpy ride toward recovery, says Jon Nadler, Senior Metals Market Analyst and Investment Products Manager for Montreal-based Kitco Bullion Dealers. For the time being, Jon expects a spell of continuing deflation before any real inflation sets in. That makes gold's price performance a tough call, he tells The Gold Report, because we have no history to help us understand how gold behaves in a real deflationary environment

Tuesday, September 08, 2009

Bullish Technical Set-Up for DBC Commodity Index ETF / Commodities / Commodities Trading

By: Mike_Paulenoff

With the breakdown in the Dollar, and the powerful thrust in crude oil prices, and buoyancy in metals such as gold, silver, alumininum, copper, and the industrial metals, the pattern that is developing in the PowerShares DB Commodity Index ETF (NYSE: DBC) is fairly conspicuous. Let's notice that Friday's low at 21.42 was followed by today's potent up-gap open and strong action-- the type of action expected at the end of a correction (in this case off of the 8/05 high at 24.00), and at the beginning of a meaningful rally effort.

Tuesday, September 08, 2009

Gold and How Good is Your Analyst? / Commodities / Gold & Silver 2009

By: Peter_Degraaf

Have you thought of a good way to rate your analyst?  There are currently over 300 financial analysts on the various financial websites, ready to share their wisdom with you and help you decide whether to buy, hold or sell.

From letters I have received I can conclude that some of you read everything that anyone is posting on these websites.  That’s a lot of reading!  There has to be a better way - and there is a better way. 

Tuesday, September 08, 2009

Gold Price Imminent Explosion Higher / Commodities / Gold & Silver 2009

By: Q1_Publishing

Six months ago, at the Prosperity Dispatch, we had the opportunity to sit down with John Embry, the chief investment strategist at Sprott Asset Management. He is one of the world’s leading gold experts.

That was March though and not too many investors were interested in buying anything. But Embry said to look past the short-term and focus on the big picture.

Tuesday, September 08, 2009

Gold Mega Breakout Underway, How High? / Commodities / Gold & Silver 2009

By: INO

I believe the action in gold yesterday (Monday) should be looked at seriously as it pushes the gold market to its best level in almost 3 months.

Tuesday, September 08, 2009

Gold Breakout Targets $1,325 on Flood of Liquidity / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD rose to an 18-month high for US investors in early London trade on Tuesday, breaking Feb's high of $1,006 an ounce as world stock markets rose for the third session running and crude oil gained 2.5%.

Ahead of New York traders returning from the long Labor Day weekend, the Dollar fell hard on the foreign exchange market, dropping to a two-week low of $1.6550 per Pound and a new 2009 low of $1.4480 against the Euro.

Tuesday, September 08, 2009

Gold at $1,000 and Beyond / Commodities / Gold & Silver 2009

By: Michael_Swanson

Gold is clearly headed to 1000 an ounce now. Last week we saw a key breakout in both gold and gold stocks, with many gold stocks up over 15% in just the past two trading sessions. The HUI and XAU both closed at new highs for the year last week too. This is key, because normally the trend in gold stocks leads the metal - meaning when gold stocks outperform the metal and go up faster than the metal it is bullish for both.

Tuesday, September 08, 2009

Sell Stocks, Buy Gold, The Trade of a Decade! / Commodities / Gold & Silver 2009

By: Bill_Bonner

What was the SEC doing...?

But first, what the stock market and the economy are doing...

In the past two days, the price of gold has shot up more than $40. It's now near $1,000 an ounce.