Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, August 20, 2010
Wheat Price Trend Analysis and Forecast / Commodities / Agricultural Commodities
By: Seven_Days_Ahead
Price action in Wheat was relatively subdued earlier this year, main interest being long term chart support that had continued to hold. Initial bull signals in July were quickly followed by an impressive surge higher, but a temporary retracement is now in process.
Thursday, August 19, 2010
Disappointing US Jobs Number Sees Stocks and Dollar Fall While Gold Rises / Commodities / Gold and Silver 2010
By: GoldCore
Gold rose to new 6 week highs at $1,237/oz after the disappointing US jobs number heightened concerns about the health of the US economic recovery. The rise follows yesterday's recovery from initial falls and marginal higher close as safe haven buying trumped an initial bout of profit taking.
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Thursday, August 19, 2010
Gold Hits New 7-Week High as Ex-Hedger Barrick Forecasts Higher Prices to Come / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in London's wholesale market reached new 7-week highs for Dollar investors Thursday lunchtime, rising above $1234 an ounce as bond prices slipped and commodities held flat.
Silver prices were little changed around $18.50 an ounce, while Western stock markets cut an earlier 0.5% gain following worse-than-expected US jobless claims data.
Thursday, August 19, 2010
Silver Wheaton Call Options Move Up Today / Commodities / Gold and Silver 2010
By: Bob_Kirtley
As you know on the 29th May 2010 we purchased some Silver Wheaton (SLW) Call Options which are the September 2010 series, with a strike price of $21.00 and we paid $1.30 per contract for them. On Friday, 2nd July 2010 we decided to take advantage of a dip and so we doubled our position for a cost of $0.95, reducing our average price to $1.12. Having been under water for sometime its comes as a relief that today these contracts closed with the bid at $1.10 and the ask at $1.14.
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Thursday, August 19, 2010
BHP and Potash, Inflation, Stealing Calories From the Future / Commodities / Food Crisis
By: Dan_Denning
Hmm. Let's see. Last time BHP Billiton made a tilt at a high-profile, big money acquisition, the whole world went pear-shaped. As the statisticians say, correlation is not causation. But M&A activity seems to pick up when company directors have run out of other ways to increase earnings. It does not always work out well for shareholders. Case in point, BHP's shares are down today by 3.5%. Read full article... Read full article...
Thursday, August 19, 2010
Tin, an Overlooked Commodity / Commodities / Metals & Mining
By: Alex_Cowie
I want to introduce you to one of the most overlooked metals in the commodity complex. On a price basis, it’s been a star performer. Yet it hasn’t attracted much attention.
That’s just the way I like it, though. It gives you a chance to examine the dynamics of the market without rushing. In this case, the dynamics are very strong. The supply side is constrained; a situation that almost always puts upward pressure on prices. The demand side is strong too, as the recent price action shows.
Wednesday, August 18, 2010
Learning How Delta Creates Profits When Trading Gold Options / Commodities / Gold and Silver 2010
By: Chris_Vermeulen
Last week’s articles focused specifically on the option Greek Theta. This week we will shift gears and adjust our focus on Delta, another fundamental tenet of option trading. The official definition of Delta as provided by Wikipedia is as follows:
Δ, Delta – Measures the rate of change of option value with respect to changes in the underlying asset’s price.
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Wednesday, August 18, 2010
Silver, Two of Seven / Commodities / Gold and Silver 2010
By: Richard_Mills
In the time of the ancient Babylonians - long before the periodic table - there were seven sacred metals: gold, silver, copper, iron, tin, lead and mercury.
In Roman and Greek Mythology, the First Age was called Golden, the Second Age Silver. Apollo, the god of truth and light, and teacher of medicine, carried a silver bow.
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Wednesday, August 18, 2010
Are Junior Gold Miners Ripe For Takeovers Now? / Commodities / Gold & Silver Stocks
By: Julian_DW_Phillips
The Kinross takeover of Red Back
Recently Kinross made an offer for the shares of Red Back with its Mauritanian gold deposits as the target. The offer made to Red Back was accepted by the shareholders of Red Back, but looked on with skepticism by Kinross shareholders. In the statement made by Kinross, the Directors asked for patience to be shown by their shareholders for around six months. In that time, they expect to reveal more of the extent of the Red Back deposits.
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Wednesday, August 18, 2010
New Recovery Highs for Gold GLD ETF / Commodities / Gold and Silver 2010
By: Mike_Paulenoff
Today's early weakness in gold has totally reversed, with the SPDR Gold Shares (NYSE: GLD) pivoting off of 119.00 into a powerful rally to new recovery highs at 120.51 so far.
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Wednesday, August 18, 2010
Gold Rally Stlls But Investment Demand Remains Strong / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD held in a tight range around $1225 an ounce early in London on Wednesday, little changed by a drop in commodity prices and the first fall for a week in European equities.
Government bond prices rose, pushing 30-year German Bund yields down to a record low of 2.97%.
Wednesday, August 18, 2010
Gold Has Marginal Falls on Low Volume Trading and Profit Taking / Commodities / Gold and Silver 2010
By: GoldCore
Gold fell to $1,220/oz per ounce in early European trade before bouncing. It is now trading at $1,223/oz and has thus given up some of yesterday's small gains as summer trading volumes remain low and traders book profits after the recent rise in gold prices. Investors remain risk averse as seen in weakness in equity markets and the safe haven bid for German bunds, Japanese yen and US Treasurys (despite the dollar coming under selling pressure).
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Wednesday, August 18, 2010
Gold, The Enemy of Currencies / Commodities / Gold and Silver 2010
By: Miles_Banner
Last week saw gold prices rise despite deflationary fears.
Taking a look at the chart below we can see the gold price in US dollars has traded in a narrow range since May. This is despite the dollar declining for much of that time, see chart further below.
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Wednesday, August 18, 2010
Gold and Other Investor Protections Against a Double Dip Recession / Commodities / Gold and Silver 2010
By: Money_Morning
Jason Simpkins writes:
The last time the U.S. economy suffered through a double-dip recession, this country was struggling to overcome the fallout from an Arab oil embargo, Vietnam War-era deficits, and an inflationary spiral that just wouldn't let go.
That 1981-82 double-dip downturn - the result of an economic "shock treatment" aimed at curing those ills - consisted of two recessions that were separated by a single quarter of growth.
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Wednesday, August 18, 2010
Silver Price Trend Update / Commodities / Gold and Silver 2010
By: Bob_Kirtley
We kick off with a light hearted review of silver taking a quick look at the chart for silver prices where we can see that they have been consolidating nicely over the last three months or so. The technical indicators are more or less in the middle of their respective ranges and as so have room to move higher. As we see it this current set up bodes well for silver to make some real progress from now through until January 2011.
Tuesday, August 17, 2010
Silver Stocks Offer Value / Commodities / Gold & Silver Stocks
By: Jordan_Roy_Byrne
In our last editorial we showed a few charts of our junior gold and junior silver indices.
Gold has moved well past its 2008 high and the same has happened with our junior gold index. Silver, at its recovery peak was within 7% off its 2008 high while our junior silver index was 25% off its 2008 high. While the junior silvers have recovered, they have lagged both the junior golds and Silver.
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Tuesday, August 17, 2010
They Died Before the Oil Ran Out / Commodities / Crude Oil
By: OilPrice_Com
There is an open secret in the oil industry that dare not speak its name: peak oil.
Well, two did speak its name and gained no acclaim for it. One, M. King Hubbert, died years ago. The other and the most controversial, Matthew Simmons, died at his Maine summer home Aug. 8.
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Tuesday, August 17, 2010
The Shine Comes Back to Gold / Commodities / Gold and Silver 2010
By: INO
We have had a number of folks on our blog asking us about upside targets in the gold market. Hopefully this short two minute video will answer those questions.
Tuesday, August 17, 2010
China Becomes Largest Global Energy Consumer / Commodities / Energy Resources
By: Joseph_Dancy
Since the early 1900’s the U.S. has been the world’s largest energy consumer and the world’s largest auto manufacturer. It took a century to accomplish, but last year China knocked the U.S. from its perch as the world's largest auto market. Last month the International Energy Agency claimed China’s total energy usage exceeded the U.S. for the first time last year – making China the world’s largest energy consumer.
Tuesday, August 17, 2010
What's Really Driving the Gold Price Now? / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
At the moment, it appears that the gold price is being linked to the state of the global economic growth or lack thereof. Is it? Or are there other factors that contribute to the rise in the demand for gold? A look at the different types of demand gives us perspective on the real influences on the gold price.