Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, June 12, 2009
Surging Commodity Prices the Unintended Consequences of Printing Money / Commodities / Quantitative Easing
Mike Larson writes: So let me see if I get this straight. From their recent lows …
Crude oil prices have more than doubled — to $72 a barrel from $33.55.
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Friday, June 12, 2009
Crude Oil - The New World Currency / Commodities / Crude Oil
Investors continued to abandon fiat currencies in favour of the worlds main commodity based currency, crude oil that continues its strong rally against all fiat currencies.
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Friday, June 12, 2009
Gold Tumbles on U.S. Dollar Rally / Commodities / Gold & Silver 2009
Gold Unwinds 2/5ths of Rally as Dollar Rises; 5% Allocation Advised for Investors, 40% "Easily Justified" or Central Banks
THE SPOT PRICE OF GOLD slipped to new 3-week lows Friday lunchtime in London, unwinding two-fifths of the 14% rally from mid-April as the US Dollar rose and oil prices retreated from yesterday's new 8-month highs.
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Friday, June 12, 2009
Asian Central Banks Adding to Their Gold Reserves / Commodities / Gold & Silver 2009
Gold: Gold's short term movements are still intrinsically linked to whatever the dollar is doing at the moment. Gold is currently trading at $949.50 and $950 seems to be where the market is settling for the time being. In the medium to long term, gold will still be sought after by investors wishing to hedge against very real inflationary worries. The US bond market is under huge pressure with increasing yields. A huge sell off would spark a fall in the dollar and a rise in long term interest rates.
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Friday, June 12, 2009
Silver Temporary Setback / Commodities / Gold & Silver 2009
A recent Key Reversal Day, ahead of key resistance. This could be enough to justify a shorter term bear stance in Silver, notwithstanding the latest rebound. And the reward/risk ratio looks sufficiently large too…
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Friday, June 12, 2009
Metal Prices Creating Another Financial Bubble? / Commodities / Metals & Mining
against the background of the sliding dollar. Nickel had the most considerable price increase at London Metal Exchange today. A ton of this metal gained 5.09 percent and reached the maximum of this year – $15359.
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Thursday, June 11, 2009
Alternative Energy Bull Market Coming / Commodities / Renewable Energy
Last week, The Energy Report brought you Casey Research Investment Analyst Marin Katusa's outlook for uranium and nuclear energy. In today's edition, Casey Research colleague Dr. Marc Bustin joins Marin to talk about major forces driving prospects for other segments within the energy sector—solar, hydro and geothermal, as well as coal, oil and natural gas.
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Thursday, June 11, 2009
Natural Gas UNG ETF Pierces Resistance / Commodities / Natural Gas
This morning’s slightly better than expected inventory data coupled with continued strength in the oil market has helped to propel the U.S. Natural Gas Fund ETF (NYSE: UNG) from 14.00 to 15.33, which has pierced the May-June resistance line at 15.20. At this juncture, the ability of the UNG to hold its gains above 15.00 will be considered very constructive action. If such proves to be the case, then I will be expecting the UNG to race towards a test of the June 2 high at 16.10 quickly, to complete an impressive near-term (double) bottom.Read full article... Read full article...
Thursday, June 11, 2009
Gold Near $950 as U.S. Treasury Bonds Fall Again / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rebounded off yesterday's low beneath $950 an ounce Thursday morning in London, ticking down from Monday's 3-month high as world stock markets held flat and government debt prices fell.Read full article... Read full article...
Thursday, June 11, 2009
Gold Tracking U.S. Dollar / Commodities / Gold & Silver 2009
Gold: Gained nearly 0.5% yesterday as it continues to track the fortunes, or lack thereof, of the dollar. It is currently trading at $953.30. Very strong support is showing at $935 with resistance still looking to break the magic $1000 level.Read full article... Read full article...
Thursday, June 11, 2009
Commodity Markets, Gold, Silver and Oil- What to do Next? / Commodities / Gold & Silver 2009
With so much happening in the market, emotions flying high and from being blinded by fear and greed many investors are wondering What do I do now?
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Wednesday, June 10, 2009
Why Gold Mining Stocks and Warrants are Up so Dramatically / Commodities / Options & Warrants
Every investor has a wide array of asset classes and investment vehicles to consider – stocks; bonds; commodities; funds; options; LEAPS; etc. and the relatively unknown and misunderstood category called ‘warrants’. This article discusses the reasons behind the performance to date of commodity related company stocks (i.e. gold, silver and other metal miners and oil and gas operators) and their associated warrants vis-à-vis the aforementioned categories.
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Wednesday, June 10, 2009
The #1 Predictor of Inflation or Deflation / Commodities / CRB Index
There is an indicator which has been around since 1957. It has accurately forecasted every inflationary and deflationary cycle since.
This is my number one indicator for large cyclic trends. You may want to watch this index carefully should you want to invest in certain stocks and commodity related markets.
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Wednesday, June 10, 2009
Gold Rises as Stocks, Crude Oil Leap on Weak U.S. Dollar / Commodities / Gold & Silver 2009
THE PRICE OF GOLD rose early Wednesday, recovering two-fifths of last week's 4.5% sell-off at $963 per ounce as stocks and crude oil leapt on Dollar weakness.
"The price action for the past week has been bearish following test of 990," says the latest technical analysis from London market-makers Scotia Mocatta. "We believe the market will look to sell Gold on any rally while 966 holds [as resistance]."
Wednesday, June 10, 2009
Gold Targetting Resistance at $968 on U.S. Dollar Weakness / Commodities / Gold & Silver 2009
Gold
The gold market continues to track the dollar. As the dollar retraces recent gains against the major currencies, touching a two week low on Monday, gold currently stands at $961.10. With many FX analysts currently holding a medium-term bearish view on the dollar, the outlook remains positive for gold. The next resistance level for gold is at $968 followed by $983. Support is currently at $941 & $935.
Tuesday, June 09, 2009
Silver’s 61.8% Fibonacci Top Is Here / Commodities / Gold & Silver 2009
It´s time again to update my technical perspective on silver.
Last week the strong rally in Silver ended exactly at the 61.8% retracement from the bear market since the summer 2008 from the $21.44 low to the november low $8.40. I still find id amazing how precise markets can be at times.
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Tuesday, June 09, 2009
Silver's Scarcity Price Premium / Commodities / Gold & Silver 2009
'Silver and gold, silver and gold'. . .what to invest in—silver or gold? Investors on either side of this long-running debate are passionate about their precious metal of choice. But are they looking—or listening—to the right indicators? In this exclusive interview with The Gold Report, Mike Kachanovsky, aka 'Mexico Mike' from his Investor's Digest of Canada column, discusses historical changes in the gold-to-silver price ratio, shrinking supply. . .and what to buy.
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Tuesday, June 09, 2009
New Upleg for DBA Agriculture ETF / Commodities / Agricultural Commodities
All of the action in the PowerShares DB Agriculture ETF (NYSE: DBA) off of the June 1 recovery high at 28.87 into yesterday’s low at 27.71 looks to me like it represents a completed pullback atop a powerful upleg off of the March low at 22.37. If my work proves correct, then the DBA has pivoted to the upside into a new upleg that should revisit and hurdle 28.87 on the way to 29.50-30.00. Only a plunge that slices beneath 27.20 will begin to compromise my near-term scenario.
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Tuesday, June 09, 2009
Gold Positive Outlook / Commodities / Gold & Silver 2009
THE SPOT PRICE OF GOLD ticked north of a tight $6 range Tuesday lunchtime in London, moving 1.4% above yesterday's two-week low to $957 per ounce as Asian stock markets closed lower and the US Dollar eased back on the currency markets.
Government bond prices rose, pushing long-term interest rates lower. Crude oil added 1% to move back above $69 per barrel.
Tuesday, June 09, 2009
Gordon Brown Survives to Fight Another Day / Commodities / Gold & Silver 2009
Gold was mostly flat on Tuesday, trading around $950 as the dollar took a break from its rally, improving the precious metal's appeal as a currency hedge. Bullion neared $1,000 per ounce last week, a key level it last topped in February, as worries about inflation and a weaker US currency increased gold's attraction as an alternative investment.
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