Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, August 19, 2009

Gold Slips Again But Big Investment Funds Showing Interest / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD gave back another strong Asian bounce on Wednesday morning in London, dropping back to $935 per ounce as world equities fell, led by a fresh plunge in China's stock market.

The Dollar rose, government bonds hit a one-month high, and crude oil dropped back below $69 per barrel.

Wednesday, August 19, 2009

Gold Demand Trends Quarter2 2009 Investment demand to stay at forefront of gold demand / Commodities / Gold & Silver 2009

By: GoldCore

The World Gold Council reports today (report attached) that investment demand is to remain at the forefront of gold demand. While demand for gold jewellery is down sharply in recent months, demand from the investment sector was strong and central banks became net buyers of gold again.

Wednesday, August 19, 2009

Seasonal Demands Analysis for Gold, Crude Oil and Copper / Commodities / Commodities Trading

By: John_Winston

Over the past 5 months the markets that crashed have staged a significant comeback.  While the stock market usually grabs the headlines, there have been some great commodity runs as well.  

As the season’s change, the demands for commodities vary according to each respective market.  For instance, let’s take a look at copper.  Below is the 15 (Red) and 40 (blue) year averages of the Copper seasonal price chart.  One of the more prolonged downtrends on the chart shows that from September to the middle of October, copper is usually weak.  We can see the demand PHASE of this commodity is the December to April time frame.

Wednesday, August 19, 2009

Two Near Term Junior Resource Market Production Stories / Commodities / Metals & Mining

By: Richard_Mills

As a general rule, the most successful man in life is the man who has the best information

Base metal prices have been on a tear and are currently up much more then precious metals in 2009. Copper has almost doubled from its low, to $2.74/lb, zinc is up 70% to $0.80/lb. Even nickel, which had been lagging the recovery, is now up almost 100% to $8.50/lb.  The Gold Fields Mineral Services Base Metal Index is up 26% just in last month.

Tuesday, August 18, 2009

Commodities Super-Cycle Strengthened by the Fantastic Crisis! / Commodities / Commodities Trading

By: The_Gold_Report

In 2007, she claimed the current commodities super-cycle would last another 20 years. But given the economic implosion since that time, could it still be true? "Absolutely," says Carmel Daniele, founder, CEO and CIO of CD Capital. "The crisis that occurred last year after Lehman's collapse just interrupted the cycle," she explains, adding that it "is actually going to seal the next stage of the super-cycle. . .it will make it stronger and last even longer." In this exclusive interview with The Gold Report, Carmel forecasts significant supply shortages resulting from both the current lack of money flowing into exploration and planned infrastructure spend by emerging countries'. She also shares which companies she's investing in and why she believes long-term investors are "very lucky" to experience this fantastic crisis.

Tuesday, August 18, 2009

While Hurricane Threatens Supply, Low Demand Keeps Natural Gas and UNG ETF Cheap / Commodities / Natural Gas

By: Mike_Paulenoff

So it is hurricane season again in the Gulf of Mexico, and what is happening to natural gas prices -- and the U.S. Natural Gas Fund ETF (NYSE: UNG)? Nuttin! Absolutely nuttin! Huh? How can such a cheap commodity get EVEN cheaper given such a threat to supply? Just maybe the problem is NOT supply.

Tuesday, August 18, 2009

Gold Reverses Early Advance / Commodities / Gold & Silver 2009

By: Adrian_Ash

SPOT GOLD PRICES reversed an early 0.8% bounce Tuesday lunchtime in London, drifting back to $936 an ounce as the Euro currency, commodities and world stock markets dipped on worse-than-expected US housing data.

Home-improvement giant Home Depot reported only a 7% drop in its second-quarter earnings. But new US housing starts and permits for July came in below both Wall Street forecasts and June's figure.

Tuesday, August 18, 2009

Gold Failure to Rally Leads to Significant Trendline Breaks / Commodities / Gold & Silver 2009

By: GoldCore

Gold ticked all the boxes it was supposed to last week, as it took up the slack on the turbulent fortunes of both the dollar and the euro, robustly trading in the $960s/oz. Since then a significant trendline has been broken, yesterday gold dropped into $930/oz territory. It has pushed up since but may be in a tight range between $920/oz and $940/oz over the next few sessions.

Tuesday, August 18, 2009

China is Positioned to be the Oil Sector's Next Big Profit Play / Commodities / Oil Companies

By: Money_Morning

Keith Fitz-Gerald writes: If you’re looking for the next “Big Oil” play, bet on Beijing.

As we’ve been reporting for the past several years, China has been on a global commodities shopping spree, which includes locking up every source of oil that it can. The Red Dragon has cut deals in Africa, South America Russia and the Middle East - and won’t stop there. Even the mainstream news media is finally becoming aware of this crucial trend.

Tuesday, August 18, 2009

Gold Short-term Topping Signal Setting Up for a Further Buying Opportunity / Commodities / Gold & Silver 2009

By: Ned_W_Schmidt

Given the currently low level of the VIX, optimism among paper asset investors has been converted to outright enthusiasm. The world has been saved, according to many of these enthusiasts, and now unlimited and happy growth awaits us. All that is required is patience, for economic growth will blossom and paper equities will again shine. That optimism exists in light of the historical evidence that no market that has been run up by a credit bubble avoids a long, painful, ongoing lateral correction that last years. Were the optimists correct in their beliefs, the Japanese stock market would be at a new high. A recent check confirms that not to be the case, almost twenty years after the peak.

Tuesday, August 18, 2009

Range Bound Silver Fails at Resistance / Commodities / Gold & Silver 2009

By: Clive_Maund

In the last update we had defined silver's overall trend as neutral, with it being rangebound between clearly defined and significant zones of support and resistance, and thus a trading sell towards the top of the range, i.e. on an approach to the $16 area, and a trading buy towards the bottom of it, in the $12 area. Since that update silver has regrouped and made another run at the resistance, but got no further than $15.20. However, over the past week the COT structure for silver, which was already deteriorating as we had earlier observed, has continued to worsen to the point that it has become bearish, at least over the short-term.

Tuesday, August 18, 2009

Gold Bulls and Bears Fight To Standstill, Trend About to Resolve / Commodities / Gold & Silver 2009

By: Clive_Maund

Gold's bulls and bears have fought each other to a standstill so that an eerie calm now exists in the gold market, rather like the period in Europe known as the Phony War which was an early stage of the 2nd World War, where despite having declared war on each other, the major powers did not engage in significant military operations. Just as this phase was the "calm before the storm" it is clear from an examination of the gold chart that this time of tranquillity is about to end - that much we can be fairly sure about.

Monday, August 17, 2009

Speculators Aren’t Wicked, They Keep Commodity Markets Liquid / Commodities / Commodities Trading

By: Frank_Holmes

This commentary is from our natural resources team

The Commodities Futures Trading Commission (CFTC) wrapped up its hearings on whether to install position limits on futures trading this week, and like other hot topics being tossed around Capitol Hill, misinformation seems to be running rampant.

Monday, August 17, 2009

Negative Confluence for Gold Miners GDX ETF / Commodities / Gold & Silver Stocks

By: Mike_Paulenoff

The big picture of the Market Vectors Gold Miners ETF (NYSE: GDX) argues strongly that the price structure has additional downside ahead that points to a test of the Jan-Aug support line, now at 35.65. The juxtaposition of price, the RSI, and MACD at this point looks to me like the GDX is vulnerable to considerly more downside than 35.60.

Monday, August 17, 2009

Commitment to Success in Commodity Trading / Commodities / Commodities Trading

By: Andrew_Abraham

As I have repeatedly stated… commodity trading is the easiest yet the hardest thing one can ever do. Too many aspiring commodity traders or forex traders search for the holy grail. They search for indicators…mechanical trading systems or basically the answers.

Monday, August 17, 2009

Gold, Stocks and Commodities Drop as Safehaven U.S. Dollar Soars / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD fell sharply against a strong US Dollar on Monday morning, falling through what one Asian dealer called "technical and psychological support at $942" to record the lowest Gold Fix so far this month at $937.50 an ounce.

Monday, August 17, 2009

Why Gold Will Break Above U.S. $1,000 / Commodities / Gold & Silver 2009

By: Neil_Charnock

This title should also read “and why gold equities will fly”.  At GoldOz we have successfully predicted the Price of Gold (POG) movements on a fairly regular basis the past few years.  This is a bold statement backed up by public record.  The long consolidation patterns in the POG in between the strong up-legs have been quite regular since 2002. The extent of each price rise has been harder to predict however so we steer clear of this claim and prefer to follow the market until it “feels” and acts like a top. 

Monday, August 17, 2009

Gold, Silver, Natural Gas and Crude Oil Commodity Trading Update / Commodities / Commodities Trading

By: Chris_Vermeulen

I hope everyone had a great weekend and is now ready for another week of trading. I have put together a few simple charts to show you what we could see with prices in the near term. While I do not predict future price movements (because it is impossible to always be correct), I do like to know what could happen and be ready to take action when something significant occurs.

Monday, August 17, 2009

Gold and Why Gold Now? / Commodities / Gold & Silver 2009

By: Darryl_R_Schoon

Understanding these times is its own reward. If, however, you understand the role of gold in these times, a reward of another magnitude awaits you.

Economic cycles of expansion and contraction are the inevitable result of central bank credit flows. So, too, are deflationary depressions and hyperinflations. Though far less frequent, the destruction caused by deflationary depressions and hyperinflations more than make up for their infrequency; and, today, after perhaps the longest absence of each in recent history, we are now about to experience both—perhaps this time in tandem.

Sunday, August 16, 2009

Silver Outperforms Gold, So Should I Sell My Metals or Buy More? / Commodities / Gold & Silver 2009

By: Przemyslaw_Radomski

Legendary investor Jim Rogers says he can't wait for the International Monetary Fund to sell some of its gold holdings. Should that cause the price of gold to dip, Rogers says he will buy some more.

In fact, Rogers says he buys gold whenever he thinks about it.