Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, April 14, 2009
Gold and Silver Rise on General Motors Bankruptcy Fears / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold and silver rose yesterday as stocks came under pressure with increasing fears regarding General Motors possible bankruptcy. Ostensibly positive news from the financials (Wells Fargo and Goldman Sachs) has lifted markets in recent days but there are concerns that the positive results may have had more to do with government largesse (with tax payers money) and innovative accounting rather than any meaningful return to profitability. The rest of the reporting season is unlikely to be so positive as companies and sectors not bailed out and supported by government are set to struggle which will likely see stocks under pressure again.Read full article... Read full article...
Monday, April 13, 2009
Obama’s Energy Revolution It’s Clean, It’s Green, and its Right Now / Commodities / Metals & Mining
By: Richard_Mills
As a general rule, the most successful man in life is the man who has the best information
“Finding the new driver of our economy is going to be critical. There’s no better driver that pervades all aspects of our economy than a new energy economy. … That’s going to be my No. 1 priority when I get into office.” President Obama
Monday, April 13, 2009
Natural Gas UNG ETF Shorts Running on Borrowed Time / Commodities / Natural Gas
By: Mike_Paulenoff
The saga continues in the U.S. Natural Gas Fund ETF (NYSE: UNG) as the price structure perpetuates a profile of making marginal new all-time lows but fails to follow-through on the downside and then stages a recovery bounce. The problem is that the recent rally attempts have failed to hurdle any meaningful resistance levels (such as 15.50), which leaves the UNG still stuck within its dominant downtrend despite its loss of downside momentum since late March.
Monday, April 13, 2009
Commodities Markets Have Bottomed / Commodities / CRB Index
By: Prieur_du_Plessis
Commodity prices have started to recover since the massive commodity fund liquidations and inventory reductions at mine, refinery and final consumption levels, which in some instances gave rise to record stock levels of industrial metals on the London Metals Exchange.
The recovery in metal and oil prices should be seen in context, though. The sharp drop in prices rendered a significant quantity of global production uneconomical, resulting in substantial cutbacks in production already seen and planned for the next two to three months.
Monday, April 13, 2009
Follow the Yellow Brick Road of Gold, Peace And Prosperity / Commodities / Gold & Silver 2009
By: Darryl_R_Schoon
Professor Antal E. Fekete’s paper, The Marginal Productivity of Debt – Why Obama’s Stimulus Package Is Doomed to Failure, ends with the following paragraph: Indeed, the financial and economic collapse of the last two years must be seen as part of the progressive disintegration of Western civilization that started with government sabotage of the gold standard early in the twentieth century. Ben Bernanke, who should have been fired by the new president on the day after Inauguration for his part in causing irreparable damage to the American republic may, in the end, have the honor to administer the coup de grâce to our civilization.Read full article... Read full article...
Monday, April 13, 2009
Voices About Crude Oil, The New Gold / Commodities / Crude Oil
By: Richard_Shaw
There are conflicting voices about oil. Some say too much is available and demand is falling. Others say demand is rising and reduced exploration will contribute to a new boom. Some say oil is responding to the equities rally. Charts show oil with upward tendencies weeks before equities began to rise.
Here are some important media snippets with mixed bullish and bearish messages:
Sunday, April 12, 2009
Crude Oil Traders Be Ready for Strong Breakout Higher / Commodities / Crude Oil
By: Chris_Vermeulen
Energy traders have been watching this slow rounded bottom reversal forming for months in the energy sector and crude oil prices. I have pointed it out many times and even posted some buy signals for USO and Crude Oil a while back. Oil is now testing a key resistance level and a breakout here could really send oil prices gushing higher towards the $70 per barrel level.Read full article... Read full article...
Sunday, April 12, 2009
Gold and Crude Oil at Critical Tipping Point / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
Gold and oil traders have been on edge for the past few weeks wondering if prices will drop or rally from this correction/pause in prices. You will see in the charts below that gold and oil are at points where they could go either way very quickly. The are currently balancing at key technical points and we will wait for the tipping point.Read full article... Read full article...
Sunday, April 12, 2009
Gold Some Room for Upside Action / Commodities / Gold & Silver 2009
By: Merv_Burak
Other than the sharp drop on Monday it was a quiet week for gold. The volume suggested most traders left the market for the Easter vacation. Next week is another week.Read full article... Read full article...
Saturday, April 11, 2009
Silver Outlook Strongly Bullish / Commodities / Gold & Silver 2009
By: Clive_Maund
The outlook for silver is viewed as very bullish, with a fine Cup and Handle base now approaching completion, that is shown on the accompanying 1-year silver chart. There are a number of interesting observations that we can make looking at this chart. The first is that once silver broke below what was strong support at the $16 level back last August it went into a severe decline. After initially plunging the rate of decline eased off as it started to form a bowl shaped bottom area that togethor with the recent reaction we can define as a Cup and Handle base. Read full article... Read full article...
Saturday, April 11, 2009
Gold Bullish Factors Suggest Downtrend Near Bottom / Commodities / Gold & Silver 2009
By: Clive_Maund
Why can't folks break the habit of being so pessimistic at market bottoms? Not that we're complaining, if they did that would be one less thing that we'd have to go on. With people writing in to say that gold is going to $800, or $700, things are definitely looking up. Funny that, I don't recall them writing in with these targets when gold touched $1000 in mid-February. Sentiment stinks, which is something that emboldens us. Earlier on, we had been in the pessimistic camp too as the pattern that has formed in gold from mid-January does look like a Head-and-Shoulders top that would project the price down to at least $800, but a confluence of bullish factors suggests that we are very close to a bottom, right now. Read full article... Read full article...
Saturday, April 11, 2009
Gold the Real Win Win Investment / Commodities / Gold & Silver 2009
By: Money_and_Markets
Larry Edelson writes: The Dow has just put in its biggest four-week gain since the bottom of the Depression in 1933, roaring more than 19 percent off its March 9 low.
Natural resources are also plowing higher, with oil leading the way — jumping more than 8 percent in a single day last week. The U.S. dollar, too, is acting as I forecast. It's starting to slide, albeit slowly, back into its long-term downtrend.
Read full article... Read full article...
Saturday, April 11, 2009
Gold, Inflation and the Casino Capitalism House of Cards / Commodities / Gold & Silver 2009
By: The_Gold_Report
Members of the G20 have announced they will, as necessary, reflate their economies to create liquidity, unfreeze credit and restore global economic growth. But can reflation, whether through fiscal expansion, money printing or “quantitative easing,” be introduced without accompanying inflation? John Katz, analyst, writer and blogger for www.thegoldwatcher.com addresses this question in the following article and asks, “will this all end with a house of cards collapse?” Read full article... Read full article...
Friday, April 10, 2009
The Inflationary Depression and Reflating the Bubble / Commodities / Gold & Silver 2009
By: The_Gold_Report
Amid an "inflationary depression" in the U.S., Peter Schiff, president and chief global strategist of Euro Pacific Capital, sees opportunities in the maelstrom. Facing a massive redistribution of wealth, he advises investors to act quickly and "divest U.S. dollar assets into physical precious metals, other currencies and equities outside the United States." In this exclusive interview with The Gold Report, the widely-quoted expert on money, economic theory and international investing discusses what led up to our current "phony economy" and how investors can actually profit from the crisis. Read full article... Read full article...
Friday, April 10, 2009
Emerging Copper Bull Market Signaling an End to the Recession? / Commodities / Metals & Mining
By: Zeal_LLC
Most analysts believe this deep global recession has abruptly ended the powerful secular commodities bull that was born at the turn of the 21st century. And it is certainly hard to argue this point considering the dismal panic-selling-induced performance of nearly all commodities.
The volatility and fear that took hold of the markets have given traders the mindset that all economic activity has ground to a screeching halt. And the markets have discounted the idea that global economic growth is over, thus warranting the aggressive selling of all assets.
Read full article... Read full article...
Friday, April 10, 2009
Silver Bull Market- Ellis Martin Interviews David Morgan / Commodities / Gold & Silver 2009
By: David_Morgan
Ellis Martin, president and CEO of Sol Media International Ltd, created The Opportunity Show in 1999 as a successful terrestrial radio resource for small and mid-cap public companies seeking to vastly expand their shareholder base as they in turn grow their companies. The Opportunity Show airs throughout North America and is currently positioned for expansion into Europe, Australia , and Asia . Prior to that, Mr. Martin served as senior vice president for the Phoenix Media Group in Burbank, California, station manager for WHB-AM in Kansas City, Missouri, instructor/lecturer for the Academy of Radio Broadcasting in Huntington Beach, California, and a variety of broadcasting positions across the U.S. Mr. Martin has been an entrepreneur with interests in media, entertainment, and financial concerns since 1978. Read full article... Read full article...
Friday, April 10, 2009
Copper Up 50% To date, Can China Save the Day? / Commodities / Metals & Mining
By: The_Gold_Report
Brent Cook writes: The copper price is on a roll having risen roughly 50% over the past three months to $1.95 lb (Fig.1 below). Unfortunately for analysts and specialists, the fundamentals driving copper pricing are opaque at best and therefore subject to a variety of interpretations and predictions. Here's my take. Read full article... Read full article...
Thursday, April 09, 2009
The Creation of a Truly Global Currency with Gold Backing / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
Russia has proposed that the I.M.F. created, synthetic currency [Special Drawing Rights], with changes [Gold backing], be adopted by the world to replace the U.S.$ as the world's prime reserve currency. Both China and Russia proposed new currencies, not so much in the hope that their proposals will be accepted, but bringing to the attention of the world that the $ is losing credibility and not serving the role is should as the world's reserve currency. Read full article... Read full article...
Thursday, April 09, 2009
The Creation of a Truly Global Currency with Gold Backing / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
Russia has proposed that the I.M.F. created, synthetic currency [Special Drawing Rights], with changes [Gold backing], be adopted by the world to replace the U.S.$ as the world's prime reserve currency. Both China and Russia proposed new currencies, not so much in the hope that their proposals will be accepted, but bringing to the attention of the world that the $ is losing credibility and not serving the role is should as the world's reserve currency. Read full article... Read full article...
Thursday, April 09, 2009
What is Gold Going to do Next? / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
This week in gold we have seen prices drop lower creating a lower low. This is generally not a good sign if we want to see higher prices in bullion and gold stocks. That being said, a lot of traders are now starting to short gold because is has filling its gap lower which occurred Monday at the open due to over night commodity prices. Read full article... Read full article...