Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, October 06, 2009
A New Way to Value Gold / Commodities / Gold & Silver 2009
By: Mac_Slavo
Within the context of the current economic crisis we have often heard about the flight to quality and safety assets, with gold being discussed as one such asset. Gold, the argument goes, is the best asset to protect against inflation. While this may be true to an extent, as perceptions drive markets, the view that gold is an inflation protecting asset is not necessarily accurate. If one considers gold to be a hedge not against inflation, but rather, a defense asset against the increasing risk of government instability, then inflation is actually the result of a deeper cause.
Tuesday, October 06, 2009
Gold ... Game on! / Commodities / Gold & Silver 2009
By: INO
In our previous gold video, we were right in terms of gold making a low around the first of October. Read full article... Read full article...
Tuesday, October 06, 2009
Steve Parsons Takes a Shine to Copper / Commodities / Metals & Mining
By: The_Gold_Report
Consumption, speculation and growing demand by emerging economies add up to a rather rosy outlook for copper, says Steve Parsons, Senior Research Analyst for Wellington West Capital Markets. In this exclusive Gold Report interview, Steve explains how investors might capitalize on a theme that's picking up momentum on the copper concentrate side of the industry. He also sheds some light on a great copper story that's unfolding on the northern shore of Lake Superior in northeastern Minnesota, not far from the Ontario border.
Tuesday, October 06, 2009
The Feverish Pitch for Gold Real Money, Five Golden Rules for Bullion Investing / Commodities / Gold & Silver 2009
By: Larry_Edelson
The feverish pitch for gold — and the worries over the declining value of the U.S. Dollar — are rising again. That’s not surprising.
First, it’s pretty much official: The U.S. is losing its status as the world’s economic caretaker. That was made clear by the recent G-20 meeting in Pittsburgh.
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Tuesday, October 06, 2009
What Will You Do When Gold Hits $1200 an Oz.? / Commodities / Gold & Silver 2009
By: Dudley_Baker
We along with several other analysts have been looking for an upside breakout in gold. Today, October 6th we got that breakout with gold exploding to over $1040 an oz into new high territory.
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Tuesday, October 06, 2009
Gold New Record Highs at Over $1,040/oz / Commodities / Gold & Silver 2009
By: GoldCore
Gold has surpassed its all time record high ($1,033/oz) of some 18 months ago this morning and surged to a new record nominal high over $1,036/oz this morning. The reasons for gold’s new record historic high and likely continuing strength in the coming months are the same fundamentals factors that have been driving the gold market higher in recent months.
Tuesday, October 06, 2009
Gold Breakout Alert, Powerful Uptrend Imminent / Commodities / Gold & Silver 2009
By: Clive_Maund
The impending gold breakout has been so long in the making that it has engendered a "we'll believe it when we see it" mentality amongst most market participants. What this means of course is that most will miss out on the big easy gains that will accrue during the dynamic phase of the next major uptrend and will turn up late at the party, as usual. We ourselves have had lingering doubts engendered in large part by the perceived risk of a dollar rally, but these doubts are now dissipating for reasons that will be set below.
Tuesday, October 06, 2009
Gold Price Forecast, New All Time High, Now How Much Higher? / Commodities / Gold & Silver 2009
By: Midas_Letter
The breaking of the old record high price for gold today is no surprise to long-time critics of American and thus global financial policy. Regardless of how much spin you can generate from a compromised media, the laws of supply and demand re-assert themselves inevitably. Will this bring the mainstream investor crowd any closer to the understanding that the gold standard is precisely that, and has not been diminished but merely obscured by the powerful marketing forces of the United States Treasury and her feckless whoring sister, The United States Federal Reserve?
Tuesday, October 06, 2009
Gold and Silver Stocks Sentiment Analysis / Commodities / Gold & Silver Stocks
By: Jordan_Roy_Byrne
In analyzing the sentiment towards gold stocks, I am going to start with a tactic from Bernie Schaeffer of Schaeffer’s Research. I believe he espouses the idea of looking at the consensus view of analysts. If most analysts are bullish on a stock or sector, then where is the money going to come from to push shares higher? Conversely, if a sector is rising but the analysts are not bullish, they can change their mind and that provides further buying power.
Tuesday, October 06, 2009
Gold Hits New Record Dollar High, Busts Through €700 on Secret Petro-Currency Talks / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD leapt in Asian and London dealing on Tuesday, recording its third-highest London Fix before rising further to hit a new all-time high for US-Dollar investors at $1035 an ounce.
Tuesday, October 06, 2009
Gold Surges to New All Time High on Petro-dollar Threat / Commodities / Gold & Silver 2009
By: GoldCore
The dollar came under sustained pressure as the Independent of London's Robert Fisk broke a story stating that a group of Arab countries, Russia, France, Japan and China and others were in secret discussions to use a basket of currencies and gold to replace the dollar in order to trade oil. Although some officials have denied this report, the fact that it is mentioned at all raises the question as to how much longer the dollar will remain the global reserve currency. According to Chinese banking sources, the transitional currency in the move away from dollars, may well be gold.
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Tuesday, October 06, 2009
The Gold Stocks Big Bang / Commodities / Gold & Silver Stocks
By: Neil_Charnock
Quick update – the Aussie XGD (weighted ASX gold index) went its own way again yesterday (Monday 5th September 2009) rising 1.4% while the XAO fell 0.58%. Gold was up to US$1,017.50 overnight and this equates to an AUD gold price of $1,160. The Dow was up despite wide claims October will be a disaster. The XGD has opened up today (Tuesday) at around 2.5% at 5,300+ and it out performed the XAO yet again closing up 2.49% on the day.
Tuesday, October 06, 2009
Gold Breakout and Dollar Breakdown Signaling Big Political Crisis Brewing / Commodities / Gold & Silver 2009
By: Brian_Bloom
As the price of GLD (a proxy for gold) is approaching the apex of a triangle, there “must” be a resolution of the direction in the next few days. (Chart courtesy Bigcharts.com)
Tuesday, October 06, 2009
Silver the Real Bull Market / Commodities / Gold & Silver 2009
By: Richard_Daughty
One of the most interesting news items I’ve found was on the cover of The Financial Times, where I learned that a guy named Lahde “made tens of millions of dollars from betting against the financial and property sectors during [the] past two years,” and he now wanted to thank “the low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA” who made it all possible for him to find enough suckers.
Tuesday, October 06, 2009
Gold Vs Fiat Currencies / Commodities / Gold & Silver 2009
By: Guy_Lerner
Figure 1 is a concept that I have put forward before, and it is gold's performance relative to a basket of 8 currencies.Those currencies are: 1) Australian Dollar; 2) Canadian Dollar; 3) Swiss Franc; 4) Eurodollar; 5) British Pound; 6) Singaporean Dollar; 7) Japanese Yen; 8) US Dollar. This is a weekly chart.
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Monday, October 05, 2009
Gold Off The Launching Pad / Commodities / Gold & Silver 2009
By: Guy_Lerner
Back on April 30, 2009, when gold was trading at $895 per ounce, I wrote an article suggesting that gold was on the appropriate launching pad for a sustainable move. At that time, I did not clarify what direction that move would be. Honestly, I did not know. I did know that gold had been consolidating in a range (which I could quantify), and similar consolidations in gold usually led to a breakout in either direction.
Monday, October 05, 2009
Bull Flag for Silver SLV ETF / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
After a bumpy start, the iShares Silver Trust (NYSE: SLV) long position is recovering in sympathy with the climb in gold prices today, which itself is a reflection of continued weakness in the US dollar. Purely from a technical perspective, the SLV has established a bouble bottom corrective low around 15.60.
Monday, October 05, 2009
Ivanhoe Deal in Mongolia Vindicates Friedland / Commodities / Metals & Mining
By: Midas_Letter
It wasn't that long ago that Forbes Magazine, a widely read yet thinly fact-checked business tabloid, launched a campaign to discredit Robert Friedland and Ivanhoe Mines (TSX:IVN). Indeed, Friedland has been targeted by most of the mainstream media in Canada and the U.S., prompting Ivanhoe to issue news releases attempting to set straight the facts on a nearly continuos basis.
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Monday, October 05, 2009
Gold Stocks HUI Index Forecast Uptrend Into December / Commodities / Gold & Silver Stocks
By: David_Petch
The daily chart of the HUI is shown below, with the lower 21 MA Bollinger band near the index, suggestive that further downside in the HUI. Upper 34 and 55 MA Bollinger bands are still going sideways, suggestive that a top was put in place. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K beneath the %D in 2 and 3. Based upon extrapolation of the %K in stochastics 1 and 2, expect another 2-3 weeks of downside at a minimum before a bottom is put in place. The anticipated level of support is at 340-345.
Monday, October 05, 2009
Betting on Commodities, Especially Crude Oil / Commodities / Crude Oil
By: James_Quinn
In 2008, prices of oil, natural gas, gold, silver, copper, corn, wheat, and most other commodities reached multi-year, and in some cases multi-decade, highs. They’ve fallen sharply since then, but commodities aren’t going out of business. Another peak is coming, and it will be far higher, especially for oil.