Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, May 04, 2009
New Upleg for Silver SLV ETF? / Commodities / Gold & Silver 2009
Increasingly from a technical perspective the mid-April low at 11.64 in the iShares Silver Trust ETF (NYSE: SLV) appears to have ended a correction off of the Feb high at 14.45 and as well as initiated a new upleg that should hurdle a 10-month resistance line at 13.00 on the way to a test and hurdle of 14.45. At this juncture only an inability to hurdle 13.00 followed by a decline that breaks 12.20/15 will compromise the developing upmove.
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Monday, May 04, 2009
Crude Oil, OIH and USO Special Trading Report / Commodities / Crude Oil
The energy sector has been beaten down hard over the past 8 months. Since November it looks like it has been bouncing along the bottom with investors buying on the dips when dividends are high and prices are dirt cheap for many solid companies.
Monday, May 04, 2009
Gold and Silver Analysis and Trading Special Report / Commodities / Gold & Silver 2009
Gold and silver have been making a nice controlled pullback since their high in February. With precious metal prices drifting lower making clean looking waves like these it’s generally a sign of profit taking before another move higher.
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Sunday, May 03, 2009
Gold and Silver Bearish Trend Continues / Commodities / Gold & Silver 2009
Another down week for the precious metals. Neither gold nor silver seem to be able to get any steam behind their moves. Maybe there is still more down side to come. Let’s see if that 200 day moving average will hold.
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Saturday, May 02, 2009
ECU, Silver Miner Sitting on Half a Billion Ounces / Commodities / Metals & Mining
Sean Brodrick writes: What if I told you that there was a producing silver miner, sitting on nearly half a billion ounces of silver equivalent, that you could buy for under a buck a share. Would you be interested?
You’d probably have more questions. I had a lot of them when I had a chance to sit down this week with Stephen Altmann, President of ECU Silver (symbol ECU on the TSX in Canada; ECUXF on the pink sheets in the United States). ECU is a Canadian miner hard at work in mineral-rich Durango State in Mexico.
Saturday, May 02, 2009
Where to Find the Best Deals in Physical Gold / Commodities / Gold & Silver 2009
Jeff Clark writes: When gold breeched $1,000 an ounce this February, the mass media was full of reports of unprecedented coin demand and long wait times for bullion buyers. You couldn't open the paper without seeing a piece about the gold rush.
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Friday, May 01, 2009
Out of Whack Silver/Gold Ratio Suggests Strong Bull Move / Commodities / Gold & Silver 2009
The silver/gold ratio is "out of whack," says Mike Niehuser, founder of Beacon Rock Research, LLC, who finds silver "particularly interesting" right now. In this exclusive interview with The Gold Report, Mike weighs the historical seasonality of gold and silver against the forces at work in today's market and explains why we could see a significant run up in metals by fall.
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Friday, May 01, 2009
Natural Gas UNG ETF Gets a Lift / Commodities / Natural Gas
In sympathy with today’s upmove in crude oil, natural gas prices have lifted, too, off of their extremely oversold condition, which also has lifted the U.S. Natural Gas Fund ETF (NYSE: UNG) from yesterday’s Double Bottom low at 12.69 above key near-term resistance at 13.80. Whether or not today’s up-spike is the beginning of a sustainable recovery phase remains to be seen.
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Friday, May 01, 2009
Gold Stocks Investing: Producer Categories / Commodities / Gold & Silver Stocks
In my tenure as an analyst on the gold stock circuit, I’ve been blessed to have experienced some pretty neat things that have given me an inside look at the gold mining industry. And by far the most exciting of my adventures have been tours of actual gold mines.
I’ve descended deep into the bowels of the earth to tour a small subterranean mining operation that follows a series of rich gold-bearing veins. I’ve also had a behind-the-scenes tour of a robust open-pit surface operation. Ultimately whether big or small, after going on a mine tour you don’t have to be a gold bug to be in awe of what goes into that shiny gold necklace that Aunt Jenny is wearing.
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Friday, May 01, 2009
Silver Investing, Too Little or Too Much? / Commodities / Gold & Silver 2009
As most readers know, I have been interested in the silver market from a very early age, and this interest has brought me in touch with many interesting people. One group that I have met and have many friends and associates among is the precious metals dealers. In fact, it would be tough for me to estimate how many I know on a first-name basis, so let’s just say many!
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Friday, May 01, 2009
New Bull Market in Stocks NOT Possible / Commodities / Gold & Silver 2009
WHOLESALE PRICES for physical gold slipped to an eight-session low early in London on Friday, dropping 4.1% from Monday's start before rallying to $885 an ounce as the US Dollar also bounced on the currency markets.
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Friday, May 01, 2009
Gold Falls on Increasing Risk Appetite / Commodities / Gold & Silver 2009
Gold fell 1% yesterday as risk appetite returned with equity markets in Asia and Europe rising prior to a mixed performance on Wall Street.Read full article... Read full article...
Friday, May 01, 2009
Gold on the Launch Pad / Commodities / Credit Crisis 2009
I love to chronicle my follies with gold. Gold seems so easy. The Federal Reserve runs the printing presses, and everyone in the world knows this is inflationary, and just like that, gold should be off and running. But it isn't.
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Thursday, April 30, 2009
PPIP Starts to Stink that's why Gold is R.I.P. / Commodities / Gold & Silver 2009
In Scotland the tradition is three days, in the Middle East it's one day; that's how long it takes for the deceased to start to stink.
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Thursday, April 30, 2009
Aristotle and the Definition of Money / Commodities / Fiat Currency
There are countless tips on how to make money. This article is not about that. Rather, we examine the definition of money, what makes good money, and how some bad monies stay bad while others have become acceptable through new ideas and technology. In the end we will talk about how money and currency will evolve in the future.
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Thursday, April 30, 2009
Meet the Investors Who Will Send Gold to $2,000 per Ounce / Commodities / Gold & Silver 2009
For the first time in a couple of decades, some of America's most successful, big-name investors are buying gold.
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Thursday, April 30, 2009
Gold Stock Fundamentals / Commodities / Gold & Silver Stocks
Since I’ve written about gold more than a few times recently, I thought it was time to check in the gold stocks. Most of the mainstream media seems cautiously bullish on gold yet they offer no position on the gold stocks. While the stocks are well off their highs, there are several key positive developments for the sector. The first is that a new cyclical bull market has started in relative terms.
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Thursday, April 30, 2009
Gold Drifts as Stocks Ignore Horrific Deflationary Economic Catastrophe / Commodities / Gold & Silver 2009
THE PRICE OF GOLD was driven sharply lower at Thursday morning's Gold Fix in London, dropping 1.2% to a one-week low of $889 per ounce as world stock markets continued to rise.
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Thursday, April 30, 2009
Gold Sideways Trend on Imminent Swine Flu Pandemic / Commodities / Gold & Silver 2009
Gold and silver rose yesterday (the first day in three) after the worse than expected US GDP report saw the dollar fall in value. Gold fell after the Federal Reserve released its optimistic note but recovered almost immediately.
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Thursday, April 30, 2009
Gold Consolidation Ending as U.S. Treasuries Paper Bubble Bursting / Commodities / Gold & Silver 2009
The battle for survival continues, as banks resorted to basic revisionist accounting (aka fraud) in order to claim improved health. Their reward was a financial sector stock rally of the most queer kind. The rally depended on all manner of contrived demand from the most sordid of chambers opposed to free markets, using tactics that are typically abhorrent. Next this beleaguered sector must withstand valuation checks and fair value scrutiny. Unless analyst dissent is declared illegal, the sector should fall in value. The new facade of Stress Tests has filled the void left by Financial Accounting Standards Board (FASB) concessions that led to phony balance sheets. These Stress Tests are neither a test nor a reflection of stress.
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