Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, April 23, 2009
Gold, Silver - Important Alert! / Commodities / Gold & Silver 2009
The Gold Direction Indicator is flashing another buy signal. This indicates that the pull-back that started late February is probably finished. A new rally is about to start.
Some of the monetary inflation that the Obama team is injecting into the system is starting to turn into price inflation.
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Thursday, April 23, 2009
Gold Miners ETF Hurdles Over Key Resistance / Commodities / Gold & Silver Stocks
Gold and the Market Vectors Gold Miners ETF (NYSE: GDX) are acting well as the market rolls over. They’re both climbing in unison this morning, but more importantly the strength in the GDX has hurdled key near-term resistance at 32.90-33.00, which from a technical perspective should trigger upside continuation towards a test of more important near-term resistance at 32.00-34.00.
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Wednesday, April 22, 2009
Warrants: The Devil is in the Details / Commodities / Options & Warrants
I was about to sing the praises of a new warrant that has just been issued by a Canadian gold mining company with producing mines in North, Central and South America and then I looked at the company’s prospectus – and now I am not so sure.
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Wednesday, April 22, 2009
Gold Bullion vs. Gold Mining Stocks Investing / Commodities / Gold & Silver 2009
Many investors believe their portfolios have exposure to gold and precious metals because they hold stocks in mining companies. Bullion and mining stocks should be viewed as two different investments. But as a safe haven, no gold or silver or platinum mining stock (or even an ETF) compares with actual physical bullion. Let’s examine why physical bullion is the superior investment to mining stock’s for long-term investors.
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Wednesday, April 22, 2009
Gold Gains in Sterling as Record UK Government Debt Sales Face Buyers' Strike / Commodities / Gold & Silver 2009
SPOT PRICES for physical gold held in a tight range early Wednesday in London, trading $10 below yesterday's one-week high at $885 an ounce for US investors.Read full article... Read full article...
Wednesday, April 22, 2009
Gold Price Forecast: Market-Long-Wave Analysis 2009-2012 / Commodities / Gold & Silver 2009
Apparently gold is "hard to value" since it doesn't have a cash flow (the gold game) (well actually until you decide to sell it has a negative cash flow because you got to keep it in vaults or nasty people are disposed to steal it).
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Wednesday, April 22, 2009
Matt Badiali: Focus on the Mining Sector Prospect Generators / Commodities / Metals & Mining
According to Matt Badiali, editor of S&A Oil Report, prospect generators represent the best opportunities in the mining sector. Instead of being cash-burning machines that dilute shareholder equity, they put up the initial investment on a property, "do the science," and then turn it over to a partner who puts up the money to drill the projects. He calls the power of the prospect-generating model "astonishing," and names some companies that he considers top-flight in the sector.
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Wednesday, April 22, 2009
New Gold & Red Back – Building a Major League Profile / Commodities / Gold & Silver Stocks
As a general rule, the most successful man in life is the man who has the best informationWith gold stocks, bigger is almost always better. When you look at the cash costs of the industry, almost all the lowest cost producers are major mining companies. Larger production means more ounces to amortize costs, so a lower cost per ounce.
Tuesday, April 21, 2009
Crude Oil & Gas ETF Setting Up for Another Bull Run / Commodities / Crude Oil
As we discussed late yesterday, all of the action in the ProShares UltraLong Oil & Gas ETF (NYSE: DIG) off of the March 26 high at 25.49 looks like a consolidation-digestion area ahead of another run on the upside to complete an intermediate-term recovery period that began during the first week of March. This morning’s decline to a marginal new pullback low at 21.78 (off of the April 3 high at 25.29) did not follow-through to the downside.
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Tuesday, April 21, 2009
Agri-Foods an Offensive Investment Strategy Against Inflation / Commodities / Agricultural Commodities
Where to put your next egg? That question receives a lot of thought by investors as the Bernanke/Obama Bear Market continues unabated. As always with complex questions , some simple answers exist. For example, if you had put your nest egg in eggs, one would have done better than the U.S. equity market. That is one of the many messages in our first chart this week. It portrays the return on the more important Agri-Food commodity prices compared to the S&P 500 and oil over the past two plus years. The mean return on this basket of commodities for this period of measurement is +9% versus -15% for the S&P 500.
Tuesday, April 21, 2009
Gold Rallies as Stocks Drop, TARP Challenged as "Fraud, Waste & Abuse" / Commodities / Gold & Silver 2009
THE SPOT PRICE of physical gold rose as the US opening approached on Tuesday, undoing all of last week's 3.5% drop and adding to yesterday's rally at $894 an ounce.
"[Monday's] move was driven by a sharp drop in equities," says today's technical Gold note from Mitsui, also here in London, "led by a jump in bad loans at the Bank of America and a drop in revenues of 11% at IBM.
Monday, April 20, 2009
Recovery Rally in Gold Miners GDX ETF / Commodities / Gold & Silver Stocks
My near-term work argues that the decline in the Market Vectors Gold Miners ETF (NYSE: GDX) from the March 26 high at 39.15 into Friday’s low at 30.80 is complete, and that the GDX has started a recovery rally reaction that should climb at least to 33.00 in the upcoming hours.
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Monday, April 20, 2009
The Gordon Brown Gold Rally Indicator Flashing a Buy Signal / Commodities / Gold & Silver 2009
As illustrated above, British Prime Minister Gordon Brown's serial attempts to persuade the International Monetary Fund to sell gold have proven to be one of the more reliable indicators of an impending price spike. Over the past decade, Brown has begged, pleaded and otherwise cajoled the IMF no less than four times to sell from its 3217 tonne hoard. Each of the first three attempts were stymied for one reason or another (mostly having to do with reluctance on the part of the U.S. Congress) and each was the harbinger of a major price rally. Brown's fourth and latest attempt to pry metal out of the IMF came during the early April meeting of G-20 in London.
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Monday, April 20, 2009
Coming Inflation Good for Commodities / Commodities / CRB Index
By Evan Smith and Brian Hicks - Higher inflation is coming. It’s impossible to predict exactly when it will arrive, but the trillions of dollars worth of new money injected into the global financial system make it inevitable.
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Monday, April 20, 2009
Gold Bounces as Volcker Challenges Inflation-Targeting and Bail-Out Policies / Commodities / Gold & Silver 2009
THE PRICE OF PHYSICAL GOLD rose as the US opening drew near on Monday, jumping 1% from an AM Gold Fix here in London of $870 per ounce after losing value for the last four weeks running.
European bourses meanwhile fell, unwinding more than half of last week's 2.7% gains.
Sunday, April 19, 2009
How to Trade Gold Bullion and Gold Stocks Using Bullish Percent Cycles / Commodities / Gold & Silver 2009
So many people want to know how to trade gold and to be honest, if your patient enough to wait for a buy signal and low risk setup then trading gold can really pay off with only a few trades. This report shows a couple charts which I follow to help time my trades. My trading model allows us to trade any sector but I prefer to trade gold and oil because of the accuracy which they have provided in the past.
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Sunday, April 19, 2009
Silver Increasing Downside Risk / Commodities / Gold & Silver 2009
Silver has shown technical deterioration over the past week which is increasing the risk of it aborting the bullish Cup & Handle pattern that we had described in the last update. Specifically it closed below the important support at the mid-March hammer low as a result of Friday`s sharp drop. As we can see on the 1-year chart, it has not yet broken below the important support level shown, so it could still recover from here.
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Sunday, April 19, 2009
Gold and Silver Suffer Technical Deterioration / Commodities / Gold & Silver 2009
Both gold and silver have suffered technical deterioration over the past week with the result that they are now close to aborting the short to medium-term bullish scenario that was set out in the last update. Meanwhile, large Precious Metals shares are on the point of breaking down from their shallow uptrends in force from December - January after further losses this past week.
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Saturday, April 18, 2009
Gold and Silver Developing Bearish Formations / Commodities / Gold & Silver 2009
Since reaching its recent high in late February gold has been tracking a basic downward path. It closed on Friday at a new reaction low. Is this to continue into a new bear market move or are we in for a reversal ahead?GOLD LONG TERM
We’ve had an up move and a down move on that long term point and figure (P&F) chart shown last week but other than that there is no change to its message. It is still in a BEAR mode with a projection to the $705 level.
Saturday, April 18, 2009
Gold Confidence and Inflation / Commodities / Gold & Silver 2009
"You can fool all of the people some of the time and some of the people all of the time, but you can't fool all of the people all of the time, but you can give it a good go and discredit the rest who won't be fooled!" If it doesn't go like that maybe it should?
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