Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, February 18, 2009
Global Financial Crisis Driving Gold Higher in All Currencies / Commodities / Gold & Silver 2009
By: Christopher_Laird
In the latest manifestation of the world financial crisis, gold is rallying strongly now in all major currencies. Gold detached from the usual commodity drivers gradually over the period August 07 to the present, and closely reacted to any major new developments in the credit crisis. Gold now is almost totally dominated by ongoing credit crisis developments, and the massive attempts to bailout the financial system in every country. That is why gold and the USD are rallying together. Read full article... Read full article...
Wednesday, February 18, 2009
Gold, GLD ETF Bullish Moving Average Crossover / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
The overriding reason for re-entering the SPDR Gold Trust ETF (NYSE: GLD) "up HERE" in our model portfolio is derived from my intermediate-longer term technical work, which we discussed last week. Eight days ago I noted the big-picture pattern of spot gold for subscribers, and the longer-term analysis on that weekly chart remains exactly the same today. Read full article... Read full article...
Wednesday, February 18, 2009
Gold and Silver Bull Market Heading for a Correction / Commodities / Gold & Silver 2009
By: Chris_Vermeulen
Gold and silver have had one hell of a run in the recent days. Both looked like they were topping weeks ago but recent bad news hit the wires making investors buy gold like the stock market is about to go under. Gold bullion inflows are the highest it has been in 6 months!
The massive gold inflows can be seen two ways:
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Wednesday, February 18, 2009
Gold Hits Fresh Euro, GDP and CDN Highs on Collapse of Global Confidence / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE US-DOLLAR PRICE of gold retouched yesterday's 7-month high at $974 an ounce early Wednesday before slipping as Wall Street stock futures pointed higher from their 16% plunge of the last 7 weeks.
Priced in Canadian Dollars gold reached a fresh peak at $1,231 an ounce, while the Euro price of gold – up by two-thirds over the last 3 years – hit €767.01 per ounce at the AM Gold Fix here in London, its ninth new record high of the last 15 sessions.
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Wednesday, February 18, 2009
Burn the Silver Share Shorts, Check Out CDE Fundamentals / Commodities / Gold & Silver 2009
By: James_Anderson
And an Open Letter to Nancy Pelosi – Speaker of the US House of Representatives - Silver Investors, especially those in Silver Equities have been put to a severe test over the past 8mths. It was bad enough that the Silver bullion price was cut over 50% from US$19 in July '08 to $9 in Nov. Silver shares started falling a lot earlier than physical from March/April '08 & fell right out of bed losing up to 94% of their value.—and that's just the BIG already established Companies ! A lot of smaller Co's have been wiped out & will not recover. Read full article... Read full article...
Tuesday, February 17, 2009
Long-term Stock Market Trend Converging with Gold / Commodities / Gold & Silver 2009
By: Ned_W_Schmidt
Suppose we had two horses, and both are required to pull our carriage. Our budget only permitted the purchase of two daily servings of oats. So, we tried an experiment. We substituted some saw dust for half of one of the servings for one of the horses. We gave those extra oats to the other horse. Seeing no visible change in the health of the horse being given the saw dust, we fed it only saw dust. The other horse gets all the oats. This feeding approach continues till one day we arrived in the barn to find the saw dust fed horse dead. Our carriage business was over. Read full article... Read full article...
Tuesday, February 17, 2009
Economic Crisis Crucible for Transforming Trashed Juniors into Treasured Equities? / Commodities / Gold & Silver Stocks
By: The_Gold_Report
A gold bug who prefers equities as investments to bullion and bars, Midas Letter publisher James West expects his portfolio picks to shine to the tune of at least 15% appreciation on average. In this exclusive interview with The Gold Report, that sunny outlook stands in stark contrast to other things the well-regarded adviser sees on the horizon. He anticipates no letup in the storm of market volatility and holds out even less hope for the U.S. currency's ability to stay afloat in a multi-trillion-dollar flood of new money. Read full article... Read full article...
Tuesday, February 17, 2009
Commodities Bouncing Back in 2009 / Commodities / Resources Investing
By: Frank_Holmes
The numbers for 2008 are in, and we can now quantify just how rough the year was for commodity spot markets.
So far in 2009, the results are much better, though that's not the case across the board.
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Tuesday, February 17, 2009
Gold Leaps as Stock Markets Fall / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD jumped to a new 7-month high for US-Dollar investors during Asian and early London dealing on Tuesday, breaking above $965 an ounce as world stock markets slumped.Japan's Nikkei dropped almost 4% for the week so far, while Tokyo Gold Futures added 2.7% for the day, reaching an 18-week high vs. the Yen at ¥2,845 per gram.
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Tuesday, February 17, 2009
Gold, Silver and the HUI Using the Gold Direction Indicator / Commodities / Gold & Silver 2009
By: Peter_Degraaf
The long-term outlook for gold is very bullish, for to paraphrase Sir Winston Churchill's famous remark, “never before in history have so many dollars chased so few ounces of gold (and silver)”.* The mountains of currency are rising, while the number of ounces of gold produced by gold mines is dropping. Read full article... Read full article...
Tuesday, February 17, 2009
International Demand Forcing Gold Towards New All Time High / Commodities / Gold & Silver 2009
By: Mark_OByrne
After another strong week last week (both gold and silver were up some 3%) despite falling stock markets, gold continues its outperformance of other asset classes due to safe haven demand. It has surged again overnight in Asia and it now at 7 month highs and looks very likely to target its record high of $1,000/oz in the coming days.Read full article... Read full article...
Monday, February 16, 2009
Companies Profiting from China's Commodities Crusade / Commodities / Resources Investing
By: Money_Morning
Jason Simpkins writes: While the rest of the world is grappling with the global slowdown, China is figuring out ways to exploit it.
Over the past few months, China has capitalized on the financial turmoil that has paralyzed the world's "developed" economies by stocking up on cheap commodities, weeding out competition to its largest state-run companies, and acquiring even more foreign assets.
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Monday, February 16, 2009
Global Recession Worsens as G7 Ignores Currency Volatility / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF physical gold held in a tight $8 range early Monday, trading either side of $941 an ounce as world stock markets fell for the fifth session in six.Crude oil ticked lower from Friday's spike to $38 per barrel, while Opec members Qatar and Venezuela both said they want further output cuts.
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Monday, February 16, 2009
Silver Running Up to Resistance at $16 / Commodities / Gold & Silver 2009
By: Clive_Maund
Silver has advanced in a satisfactory manner to the first target given in the last update at the resistance in the $14 area and is now at a critical juncture, for there are several factors pointing to its breaking down into a reaction shortly. However, it could instead break above the resistance in the $14 area which would be expected to lead to a steep and rapid run at the strong resistance level in the $16 where exhaustion would set in. Read full article... Read full article...
Sunday, February 15, 2009
Gold Makes New Highs in Major Currencies Except U.S. Dollar / Commodities / Gold & Silver 2009
By: Clive_Maund
While gold has made progress since the last update, it has not not broken out to new highs against the dollar as expected, because the dollar has held up. Nevertheless it has made satisfactory progress and has made new highs against many other currencies. Read full article... Read full article...
Sunday, February 15, 2009
U.S. Dollar Hits Resistance as Gold Uptrend Remains Firm / Commodities / Gold & Silver 2009
By: Merv_Burak
Another week on the up side for gold and silver. Even the U.S, Dollar Index gained during the week. Is this supposed to happen? The Dollar is starting to look weak, see my brief analysis below.
U.S. Dollar Index - The following is just a brief view of the U.S. $ Index and intended to highlight a feature that I think is warning us of problems ahead for this currency. The chart represents the U.S. $ daily action along with a momentum indicator suggesting the strength of this daily action relative to an intermediate term time frame. A few support/resistance trend lines are thrown in for good measure.
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Saturday, February 14, 2009
Commodity Market Forecasts for Coffee, Cocoa and Grains / Commodities / Futures Trading
By: Nadeem_Walayat
Dear Reader,
I have some great news for our readers, our colleagues at Elliott Wave International (EWI) having recently made available for FREE to our readership FULL FREE access to EWI's premium forecasting services which includes:
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Saturday, February 14, 2009
Success Stories: An Interview with Ross Beaty of Equinox Resources / Commodities / Metals & Mining
By: The_Gold_Report
Little has changed in the soap opera being played out in the financial sector. Three more banks failed last week, bringing the total number of 2009 bank and thrift failures to nine. There were 25 failures during all of 2008, and nine in the first six weeks of 2009. Yes, this is a trend. Read full article... Read full article...
Friday, February 13, 2009
U.S. Mint Bullion Coin Sales / Commodities / Gold & Silver 2009
By: Zeal_LLC
Back in late 1985, the US Congress authorized the Gold Bullion Coin Act of 1985 which President Ronald Reagan promptly signed into law. It ordered the US Treasury, through its US Mint branch, to start producing gold bullion coins. This law outlined very specific requirements for these new coins, including that they be produced from gold mined in the United States. Read full article... Read full article...
Friday, February 13, 2009
Corrective Period for GLD Gold ETF / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
Although gold prices -- and the SPDR Gold Trust (NYSE: GLD) -- are slightly lower this morning and are holding up extremely well after multiple up-days, my work argues for more pullback action in the upcoming hours. Both my near-term pattern and momentum work argue that the GLD has entered a corrective period that should press lower -- into the 90.00 area at a minimum and possibly to 88.00 -- prior to the next loop to the upside. As of the moment, I am content to remain on the sidelines in the GLD for a while longer.Read full article... Read full article...