Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, August 13, 2009
Unwanted Bequests of Gold, Debt and Bankruptcy / Commodities / Gold & Silver 2009
"If gold is 'past its day', what of toxic derivatives and today's deluge of US Treasury bonds...?"
JUST LIKE poor Pip in Dickens' Great Expectations, central banks keep inheriting unwelcome bequests.
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Wednesday, August 12, 2009
Gold and U.S. Dollar Relationship / Commodities / Gold & Silver 2009
When it comes to Gold, there is actually too much focus or incorrect focus on the US Dollar. The fact is that throughout this bull market, Gold has been leading the US Dollar. In other words, the breakouts in Gold occur well in advance of the breakdowns in the dollar. Also, bottoms in Gold occur in advance of tops in the dollar. See the chart below.
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Wednesday, August 12, 2009
Take Gold as U.S. Dollar and Euro Both Set to Fall / Commodities / Fiat Currency
Claus Vogt writes: In 1999 Europe started a unique monetary experiment by introducing a common fiat currency, the euro. Today, the euro is legal tender in 22 countries. There are, however, huge disparities between the economies and policies of these countries, which makes for equally huge conflicts of interest. This was one of the main concerns of the euro’s opponents before its introduction.
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Wednesday, August 12, 2009
Is Silver Overvalued, Undervalued or Priced Just Right? / Commodities / Gold & Silver 2009
From an investor standpoint the merits of owning physical silver has been laid out a number of times over the pages of the internet by some very astute analyst's who follow the metals markets. While physical silver is not new, it has recently come into vogue over the past few years as investors more and more are seeing the folly of fiat currency and those who control it and therefore turn to the gold and silver markets as a means of preserving wealth and purchasing power and yes, of course, speculation.
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Wednesday, August 12, 2009
Gold Dips Ahead of Fed Decision on Interest Rates and Quantitative Easing / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL GOLD bounced from new August lows Wednesday lunchtime in London, trading at $945 an ounce as the US Dollar pulled back from new two-week highs on the currency market.
Crude was little changed below $70 per barrel, while Asian stocks caught up with yesterday's sell-off in New York. European shares gave back an early 1% bounce as government bonds pushed higher again.
Wednesday, August 12, 2009
Gold Slips as Short-term Dollar Strength Continues / Commodities / Gold & Silver 2009
The continued, short term strength of the dollar has seen gold’s safe haven and hedging attributes tested against the dollar today and the metal has slipped from $947/oz to $940/oz. However, these same attributes are coming to the fore against sterling.
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Wednesday, August 12, 2009
Cheerful Prognosis for Dr. Copper / Commodities / Metals & Mining
Even if emerging economies' demands for copper were to falter, Jennings Capital Inc. Mining Research Analyst Peter Campbell sees plenty of polish on copper ahead. One big reason: Even a gradual climb out of recession will prompt North American and European manufacturers to replenish inventories as they begin restoring production to pre-crash levels. As for the copper companies themselves, he tells The Gold Report that some of the best bets lie with emerging producers that are prepared to augment diminishing supplies with new finds. Peter has his sights set on iron ore, nickel, aluminum and other base metals, too, but he calls copper "the best and clearest way by far" of participating in the evolving economic story.
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Wednesday, August 12, 2009
Gold and Europe's Central Bankers / Commodities / Gold & Silver 2009
Charles E. Carlson writes: According to the Associated Press: ÈEurope's 19 central banks, including the European Central Bank, the Swiss National Bank and the Sveriges Riksbank agreed to put a new five-year cap on gold sales. These institutions decided that their annual sale of gold will not exceed 400 tonnes over the five-year period and total sales will not exceed 2,000 tonnes. The Swiss National Bank said it has no plans for any further gold sales in the foreseeable future. With gold holdings amounting to 1,040 tonnes, it holds a substantial part of its currency reserves in the form of gold." (http://news.ino.com/..)
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Tuesday, August 11, 2009
Beware Gold is Setting itself up for the buy of a lifetime / Commodities / Gold & Silver 2009
Beware: Gold is setting itself up for "the buy of a lifetime." Only the resource we're about to share with you will help you prepare for it.
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Tuesday, August 11, 2009
Silver Beating Gold as Miners De-Hedging positions / Commodities / Gold & Silver 2009
GOLD HELD FLAT Tuesday morning in London, adding 0.6% from yesterday's 7-session low as Asian stock markets rose but European shares reversed early gains.
Oil futures were little changed below $71 per barrel despite news that China's crude imports jumped by 18% in July to a new monthly record.
Tuesday, August 11, 2009
U.S. Dollar Temporary Rally Hits Gold / Commodities / Gold & Silver 2009
With the recent US non-farm payroll data being better than expected, the dollar experienced a bit of a rally. On the back of this, gold was hit by a bout of profit taking and dipped to $942/oz. It is now regaining some ground and climbed back up to $949/oz this morning.Read full article... Read full article...
Tuesday, August 11, 2009
GOLD Analysis and Trading Strategy for August 2009 / Commodities / Gold & Silver 2009
It’s really getting interesting in the goldmarket. The big question is: “Will Gold break through the US$1000 level and advanced to new alltime highs or will it once again fail while trying ? To be honest: I am still quite sceptic at the moment. I expect another sell off, before Gold can run to new highs, but let’s have look at the charts first.
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Tuesday, August 11, 2009
Commodities ETF Trading Update for Gold, Natural Gas and Stocks / Commodities / Commodities Trading
Commodities took a breather last week, while stocks slowly continued their march higher. This week (Monday) commodities moved lower with profit taking and fears of a much larger precious metals and broad market sell off being anticipated in the near future. While it sure looks like we are ready for a pullback in entire market we just may not get one for some time. We could get higher prices for 2-6 weeks still.
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Monday, August 10, 2009
Food Crisis and This Years Indian Rice Crop Failure Impacts on Agri-Food Investments / Commodities / Agricultural Commodities
Sometime people do learn from history, though the number that intentionally do so are few. Perhaps one of the largest groups of people that seem to lack the ability to learn from history is composed of economists. The facts that they choose to intentionally ignore are near mind boggling. Two asset bubbles, technology and housing, were claimed to be non existent, until they collapsed. Now, that same group of myopic number crunchers believes that economic growth in Western economies is about to reignite. Is some skepticism appropriate?
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Monday, August 10, 2009
Ride the Gold Juggernaut / Commodities / Gold & Silver 2009
Sean Brodrock writes: The U.S. dollar is in a world of hurt, and that means the golden juggernaut — the long-term rise of gold — is gathering steam.
What do I mean by a world of hurt? I mean the U.S. dollar tumbled below crucial support. Oh sure, it could bounce higher for a bit — nothing travels in a straight line — but the easiest path for the greenback is lower.
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Monday, August 10, 2009
Gold Falls as Low Summer Demand Faces Record Scrap Supply / Commodities / Gold & Silver 2009
THE PRICE OF GOLD fell 1.1% to a 7-session low Monday lunchtime in London, dropping to $945 an ounce as European stock markets slipped back from Friday's new 10-month highs.
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Monday, August 10, 2009
Gold Vulnerable to Short-term Correction / Commodities / Gold & Silver 2009
As the dollar regained some of its recent losses, gold has fallen off slightly and is currently trading at $953/oz. Although it may be vulnerable to a correction in the short term, this will merely serve as an excellent buying opportunity. When even the most gold phobic investment managers are predicting new highs in gold, recent analysis stating that gold will have a very bullish end to 2009, should not go unheeded.
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Monday, August 10, 2009
Elliott Wave Theory Suggests Bearish Outlook for Silver / Commodities / Gold & Silver 2009
Silver was decimated in last year’s market rout falling by over 80% in just seven months. Part of the reason is that it is not just bought for investment or jewellery purposes but is an industrial metal as well. Most people think of its industrial use in photography, but in fact it has myriad uses in the medical field because of its antibacterial qualities and more recently in creating superfibres for the clothing industry.
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Monday, August 10, 2009
Growing Inflation In Commodity Prices? / Commodities / Commodities Trading
So many economists and government officials are claiming inflation is dead. These are probably the same people that did not see the Great Recession coming. The fact is everyone has an opinion, however everyone is only entitled to the facts. The facts that are evident are multi fold.
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Sunday, August 09, 2009
Silver Relative Strength Signaling Precious Metals Warning / Commodities / Gold & Silver 2009
In the last update it was pointed out that silver looked stronger than gold, and it has since outperformed gold significantly, which in itself is a warning that the uptrend in the broad stockmarket is mature. However, the larger trend for silver must be classified as neutral at this time.
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