Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, October 27, 2011

Weakness in Crude Oil / Commodities / Crude Oil

By: Mike_Paulenoff

Based on my intraday pattern work, nearby NYMEX Crude Oil should roll over again and press towards 90.10-89.80 next. Should such a scenario unfold, then I will be interested to see if oil closes beneath 90.55, which its 200-day EMA. That level was hurdled on Monday, but violated again on the downside today (perhaps).

Wednesday, October 26, 2011

Is U.S. Biofuel Production Going to Double in the Next Decade? / Commodities / Ethanol

By: OilPrice_Com

A recent study, released on 11 October, "Biofuel Markets and Technologies" released by Pike Research states that the global biofuel market will double within the next decade to $183.3 billion from its current level of $82.7 billion, with ethanol production accounting for $78 billion of future worldwide biofuel production, while predicting that biodiesel production will reach $25.5 billion. Perhaps not surprisingly, Pike Research predicts that the US will become the world's leading biofuel producer, accounting for 71 percent of alternative fuel by 2021.

Wednesday, October 26, 2011

Gold, Silver and Fraudulent Investor Traps / Commodities / Gold and Silver 2011

By: Jim_Willie_CB

The feverish positive sentiment has left the Gold & Silver market in the last two months. Raised margin requirements during falling prices alongside naked short ambushes in the COMEX, coupled with permitted asset damage from debt monetization conducted more in secrecy will always help to dampen enthusiasm. But with the billboard message on the European subway walls and boulevards and news magazines stating the obvious, that the European debt crisis has no solution, that Germany has no more checks to write in funding the bailouts, that Greece is set to default, that leaders in political spheres are opposed by bank leaders where the final decisions are made, the GOLD & SILVER PRICES ARE SET TO ZOOM. Only the dummies sold in the last round of ambushes and interrupted recoveries. The precious metals have suddenly awakened. The old defended range for the two metals was easily overrun as a splash of reality hit the market faces. A mad scramble is likely from here onto the end of year, as people realize that hyper-inflation is the solution on any massive bailout with clearer gigantic needs, and as people realize that a broad string of bank failures will drive gigantic flows into safer places since sovereign bonds will go from sacred to toxic. The powerful decline in September, down $200 in gold and down $10 in silver suddenly have presented a ripe easy recovery without resistance. A powerful reversal is near and coming. Many investors will rush back in, paying higher prices than where they unwisely sold. Many investors will rush in, seeing banks and government bonds as ugly options.

Wednesday, October 26, 2011

Gold Moving Opposite to Stocks Again / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR gold bullion prices rose to $1720 an ounce in Wednesday's Asian trade – the highest level for over a month – before easing back to around $1700 by lunchtime in London.

Silver bullion also gained, climbing to $33.95 – 13.3% above where it started the month.

Wednesday, October 26, 2011

Gold Breaks Out and Consolidates Above $1,700/oz, Financial Alchemy Risks Severe Inflation / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,708.20, EUR 1,230.11, GBP 1,071.37, JPY 129,700, AUD 1,650 and CNY 10,864 per ounce.

Gold’s London AM fix this morning was USD 1,713.00, GBP 1,070.69 and EUR 1,229.54 per ounce.

Wednesday, October 26, 2011

Fireworks in Europe Confirm that Gold and Silver are Still the Safe Havens / Commodities / Gold and Silver 2011

By: George_Maniere

Expecting good news from Europe today? Guess again. The market seemed to price in what they expect to hear tomorrow as the Dow fell 207 points to close at 11706, the S&P fell 25.14 points and closed at 1229.05 and the NASDAQ fell 61.02 points to close at 2638.42. While this seems like a drastic sell off we must remember that it was only one month ago that the S&P was putting in a bottom at 1100.

Wednesday, October 26, 2011

Companies Positioned to Grow with Exploding Lithium Demand / Commodities / Metals & Mining

By: The_Energy_Report

Lithium continues to be in high demand as battery application growth outpaces the economy. In this exclusive interview with The Energy Report, Jonathan Lee of Byron Capital calls on his engineering and manufacturing background to explain the factors shaping the evolution of this growing market. He also brings us up to date on several promising companies blazing trails in the lithium industry.

Wednesday, October 26, 2011

Relative Strength Analysis is Important for Gold Stocks / Commodities / Gold & Silver Stocks

By: Jordan_Roy_Byrne

Relative strength is defined as the measuring of one market against another over a specific period of time. Relative strength is an important concept in any bull market. After all, if you’ve found the bull market why not find the leaders? We consider relative strength particularly important when analyzing gold and silver stocks. There are hundreds of gold and silver stocks and despite the larger trend, they won’t always trend in the same direction. As a result, you need to be a stock picker in this sector if you want to earn the best returns.     

Wednesday, October 26, 2011

Gold and All Markets Volatile on Alarm Over Greek Economy / Commodities / Gold and Silver 2011

By: Ned_W_Schmidt

Sometimes the headlines say a lot more than the obvious. Below is the headline of the lead article for the Financial Times, 22 October 2011.

New Alarm Over Greek Economy Study says bail-out needs could reach €444bn 60% haircuts considered for bondholders

Tuesday, October 25, 2011

Gartman: EU Debt Plan to Hurt Currencies - Buy Gold in USD, GBP and EUR as “Is a Currency” / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,662.10, EUR 1,191.70, GBP 1,038.50, JPY 126,592.0, AUD 1585 and CNY 10,572/oz.

Gold’s London AM fix this morning was USD 1,656.25, GBP 1,036.19 and EUR 1,187.96 per ounce.

Tuesday, October 25, 2011

Gold Climbs as Euro Crisis Terrifies Markets / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR spot gold prices climbed to $1664 an ounce Tuesday morning London time – 1.8% off the month's high – while stocks and commodities also gained and US Treasury bonds fell, following reports that European negotiators are demanding larger Greek debt writedowns.

"Strong resistance is pegged...[at] the 100-day moving average of $1665," said yesterday's note from Swiss gold bullion refiner MKS.

Tuesday, October 25, 2011

Can Germany Support The Eurozone Without Nuclear Energy? / Commodities / Uranium

By: Jeb_Handwerger

Germany (EWG) has taken the path away from nuclear following Fukushima by shutting down their reactors and importing natural gas from Russia (RSX) and nuclear energy from France(EWQ). This move away from nuclear is no way to run a modern industrial nation which has heretofore been the strongest economy in the Eurozone area continuously bailing out their debt ridden neighbors. After this move we hear news that the once burgeoning German economy is grinding to a halt due to a "sharp drop in energy production after the government shut down eight nuclear plants after the Fukushima reactor disaster in Japan."

Tuesday, October 25, 2011

Gold to Average $1,900 Into 2012 / Commodities / Gold and Silver 2011

By: The_Gold_Report

With investors and hedge fund managers taking flight toward cash and larger-cap equities, and the European sovereign debt crisis still hanging fire, the market is in for a bumpy ride, but in this exclusive interview with The Gold Report, Jeff Wright, an analyst with Global Hunter Securities, foresees upward trends for gold.

Tuesday, October 25, 2011

Silver Waits to Begin Breakout / Commodities / Gold and Silver 2011

By: George_Maniere

To 250 million people in 51 countries in the world the word for money is the same word as the word for silver. Silver literally means money. According to Noble Laureate Milton Friedman the majority of monetary metal throughout history has been silver, not gold. Gold is the money of kings while silver is the money of gentlemen.

Tuesday, October 25, 2011

Does Caterpillar Build A Bullish Scenario for Gold & Silver? / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

On Monday morning, gold futures for December delivery climbed above $1,650, while silver futures closed in on $32.  Gold and silver still remain in a trading range while markets wait on a European debt solution.  Although many investors are focused on the Eurozone, we are in the midst of an earnings season.  Investors should use this earnings season to sneak a peek at what companies are predicting for the global economy.  One of the most telling earnings releases comes from Dow and S&P 500 component, Caterpillar.

Tuesday, October 25, 2011

Commodities Snapshot: Oversold For Now, Dollar Holds The Key / Commodities / Commodities Trading

By: EconMatters

Below are trading range charts for 10 major commodities from the Bespoke Group.  All 10 commodities are currently at or below the bottom of their trading ranges, which would suggest at the moment, a good opportunity to get in at oversold levels for investors looking to gain long-term exposure.

Monday, October 24, 2011

Gold Climbs, "We're Not There Yet" say Eurozone Leaders / Commodities / Gold and Silver 2011

By: Ben_Traynor

THE SPOT MARKET gold price climbed to $1657 an ounce Monday morning London time – a 0.9% gain on last week's close – as markets digested the news from the first of this week's two European Union summits.

European stock markets failed to hold onto early gains – with Germany's DAX down 0.5% by lunchtime – while commodities edged up and US Treasury bond prices rose.

Monday, October 24, 2011

Silver in Late Stages of Base Building / Commodities / Gold and Silver 2011

By: Clive_Maund

Over the past week silver has behaved as predicted in the last update, breaking down from its potential Pennant pattern and dropping gently back towards support in the $29 - $30 area, to enter our "accumulation zone" shown on its 4-month chart which turned it higher on Friday, and while the pattern could still be a bear Pennant with an amended lower boundary this is looking considerably less likely - it looks like the Pennant has aborted. It is thus thought that we are late in the base building process.

Monday, October 24, 2011

Gold Aborts Bearish Pennant, Now Looks Strongly Bullish / Commodities / Gold and Silver 2011

By: Clive_Maund

Technically the picture for gold now looks strongly bullish. Action played out last week exactly as predicted in the last update with gold breaking down from its Pennant pattern AND ABORTING THE BEARISH IMPLICATIONS OF THE PENNANT, by dropping back modestly instead of plunging. It arrived back in our target zone near $1600 on Thursday and then reversed quite sharply to the upside on Friday. While nothing is guaranteed in this business and there is still a reduced chance of its being a Pennant with an amended lower boundary, this action implies that a positive QE-rich resolution of sorts of the acute problems in Europe is imminent, despite the severe and intractable problems there.

Monday, October 24, 2011

How to Trade Gold and Oil Prices This Coming Week / Commodities / Commodities Trading

By: Chris_Vermeulen

How To Trade Gold & Oil – The past couple weeks have been tough for most investors. The recent light volume rallies which have taken place in gold, oil and stocks has been generating mixed signals for technical analysts like myself. In order avoid a large draw down on your trading capital you must focus on the long term intraday charts.

What is a long term intraday chart you ask? It is simply a 4 or 8 hour candlestick or bar chart. For example the charts below in this report are 4 hour charts. So each candlestick represents 4 hours.