Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, July 23, 2009
Scaling Into the Natural Gas UNG ETF / Commodities / Natural Gas
After this morning’s marginal new recovery high at 14.00, the U.S. Natural Gas Fund ETF (NYSE: UNG) reversed to the downside in reaction to “in-line” inventory data, which pressed indices to an intraday low so far at 13.25. We initiated a 25% long position in our model portfolio at 13.32. If the UNG is unable to consolidate and lift off from the 13.30/25 area, then I will be looking for another loop down towards 13.00, where we will add another 25% long position.
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Thursday, July 23, 2009
Gold Consolidating Below $960, Supported by Fed Quantitative Easing / Commodities / Gold & Silver 2009
THE PRICE OF GOLD slipped $8 an ounce from its best level since June 12th in London on Thursday, dropping back from $957 as European stock markets struggled near break-even but US stocks began the day higher.
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Thursday, July 23, 2009
Trading Carbon Emissions Allowances - The EUA Contract / Commodities / Climate Change
This week in the Commodity Trading Guide we commenced regular coverage of EUA – (Carbon) Emissions Allowances. Interest and, accordingly, volume is growing strongly in this market, and the charts lend themselves well to technical analysis. In this Update we reproduce our analysis from the Guide.
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Thursday, July 23, 2009
Millions of Dollars of Profits For Trend Followers & Commodity Traders / Commodities / Commodities Trading
The statement…”Millions of dollars of profit for trend followers and commodity traders” are not a figment of my imagination. In Alpha Magazine in March of 2009 they listed the top 25 earners for 2008. The fact the top 25 are involved in futures trading and more so…trend following
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Thursday, July 23, 2009
Gold and Gold Stocks Preparing to Rocket Higher / Commodities / Gold & Silver 2009
It’s that time again when the gold bugs come crawling out of the wood work.
Monthly, weekly and daily charts are all about to move close together and when then happens be ready to buy gold and gold stocks (golden rockets). Technically speaking we are still a long way from the HUI monthly chart breaking out to the up side. But if this bullish price action continues our weekly and daily trading signals will reap big rewards as we enter gold early before the next leg (rally) higher.
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Thursday, July 23, 2009
What's the Best Strategy for USO Crude Oil Fund? / Commodities / Crude Oil
Today I'm going to take another quick look back at a popular ETF USO, or United States Oil. You'll quickly see how the MarketClub "Trade Triangle" strategy is working in this market.
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Wednesday, July 22, 2009
Economic Crisis Hit Italy Hits Crisis Over Anti-Crisis Gold Tax / Commodities / Gold & Silver 2009
If this sounds like a rough and clumsy translation of Italy's proposed gold tax, you should see the original...
THERE'S ONLY so many ways you can say "No" in Italian (just the one in fact), and the Bank of Italy has used them all in defending its gold hoard from Rome's over-spent politicians in the last 10 years.
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Wednesday, July 22, 2009
China Tightens Grip on Africa's Energy Resources with Stake in Offshore Field / Commodities / Energy Resources
Jason Simpkins writes:CNOOC Ltd. (NYSE ADR: CEO) and Sinopec Corp. (NYSE ADR: SHI) have agreed to buy a 20% stake in an oil field off the shore of Angola for $1.3 billion, illustrating China's persistent attempts to acquire resources for its economic expansion at a time of weakness for many Western oil majors.
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Wednesday, July 22, 2009
Economies Bottoming and Metal Prices / Commodities / Metals & Mining
The shift towards a more positive mood became infectious last week, despite a continuation of at best mixed results from either side of the Atlantic. In New York the brokers were showing good Q2 results, but the bankers are still flushing cash away on an operating basis. Being able to gain on the decline of assets is aiding the traders, while the lenders continue to deal with the losses this creates.
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Tuesday, July 21, 2009
Gold to Outperform in Very Impressive Fashion / Commodities / Gold & Silver 2009
With a number of factors coalescing in the not-too-distant future, the bulls will restore golden days for gold, according to Brien Lundin. As editor of Gold Newsletter, one of the world's oldest and most respected precious metals and mining stock advisories, he should know. With a transition toward an inflationary environment underway, he figures that the worst of the financial crisis has passed and that the market "generally" will not test new lows. In this exclusive chat with The Gold Report, Brien also says we may be surprised to see how quickly greed and speculation replace the fear and trepidation that have gripped the market for the past year or so.
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Tuesday, July 21, 2009
Investors Are Seeking Liquid Strategies Such as Commodity Trading / Commodities / Commodities Trading
The days of long lock ups on hedge funds might be changing. There seems to be a growing trend of investors seeking more liquid and more transparent strategies.
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Tuesday, July 21, 2009
Gold Steady as Fed Delays Quantitative Easing Exit Plan as Debt Monetization Risks Inflation / Commodities / Gold & Silver 2009
THE PRICE OF GOLD ticked back above $950 an ounce Tuesday lunchtime in London as US stock futures pointed higher for the 7th session running.
Government bond prices slipped. Crude oil ticked higher above $64 per barrel.
Tuesday, July 21, 2009
Race for Rare Metals – And China Is Winning! / Commodities / Metals & Mining
Sam Kiri writes:The recent G8 Summit in Italy ended with one important concluding note. As President Barack Obama summarised, “For us to think we can somehow deal with some of these global challenges in the absence of major powers like China, India and Brazil seems to me wrongheaded.” A well-timed thought as it is clear that the role played by these nations in the world economy is gaining prominence.
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Tuesday, July 21, 2009
UNG - United States Natural Gas Fund Trading Update Video / Commodities / Natural Gas
In today's video I will be looking at an ETF that closely tracks the natural gas market. The United States Natural Gas Fund (PACF_UNG) is one of the more popular energy ETFs and a could be a great market to add to your portfolio as the "Trade Triangles" are catching profits from the spectacular moves.
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Tuesday, July 21, 2009
Gold Steady as Dollar Continues to Weaken / Commodities / Gold & Silver 2009
Gold: Gold continues to hold steady in the face of continuing dollar weakness. The dollar has firmed up slightly this morning, resulting in gold dipping below the $950/oz mark, a level it sustained in trading yesterday. Activity in gold ETFs has been particularly positive with the ZKB ETF reporting the 4th consecutive week of positive inflows and news that bank vaults in Switzerland are having capacity issues due to the volumes of gold and silver being stored there.
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Monday, July 20, 2009
Which Metal Is Shining More, Copper or Gold? / Commodities / Metals & Mining
For any investor trying to sum up the copper situation, he/she must come to grips with many conflicting forces all vying to affect its price. The mass media continues to send signals that the worst is over and recovery is at hand in the global market place. Meanwhile some pretty savvy analysts on the internet are telling us to hold on to our buttocks as the next wave of credit contraction is upon us this fall as the commercial real estate market is about to embark on the same road as the residential real estate market followed last year. If this is the case then the markets could be in for another bout of cascading selloffs as were witnessed last year. Let’s discuss both, and then look at the price charts to see if they offer clues and potential tactics we might employ.
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Monday, July 20, 2009
Mining In Mexico with Great Panther Resources, GPR:TSX / Commodities / Metals & Mining
In 1992 mining laws were changed in anticipation of the North American Free Trade Agreement (NAFTA). The new laws allowed 100 percent foreign ownership of Mexican mines (except for hydrocarbons, radioactive materials and salt).
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Monday, July 20, 2009
Significant Rally for Gold as Massive Debt Monetization Becomes Necessary / Commodities / Gold & Silver 2009
Failing economic policies of the Obama Regime are setting the stage for the next significant rally for $Gold as massive debt monetization becomes necessary. Before going into that though, we need to understand the situation with the U.S. economy. That will allow us to understand how coming Federal Reserve actions will push $Gold above $1,000.Read full article... Read full article...
Monday, July 20, 2009
Gold Jumps vs. All Currencies, Physical Buying "Provides Support" / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rose sharply against the US Dollar on Monday morning in London, jumping 1.6% to a 6-week high at $954 an ounce as world stock markets also rose yet again.
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Monday, July 20, 2009
Gold Breaks Through Resistance / Commodities / Gold & Silver 2009
Gold: Gold is currently trading at $946.50/oz and has broken though resistance of $939 and $942 very quickly. Fresh interest in the metal as an inflationary hedge surfaced on Friday on the back of a weaker dollar and higher oil prices.
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