Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, August 03, 2009
Precious Metals, Gold and Silver are Ready to Shine / Commodities / Gold & Silver 2009
In the previous essay I mentioned that a brief consolidation is in the cards and is likely to take place immediately, or after additional few more days of rising gold, silver and PM stock prices, and a small dip in the USD Index. I stated that:
(…) if mining stocks break down from the triangle pattern, the following move should be rather insignificant - I don't think that it would take the GDX ETF below 37 level.
Read full article... Read full article...
Monday, August 03, 2009
Buying Gold & Gold Investing / Commodities / Gold & Silver 2009
Buying Gold is picking up. The question is will Gold take out the $1,000 price range this time? Gold investing has been quiet recently. There seems no interest in the news since Gold fell off earlier in the summer. Buying Gold has fallen off. Now since buying Gold has fallen off…will Gold take out $1,000 this time since no one expects it to?
Read full article... Read full article...
Monday, August 03, 2009
Why Gold Could Breakout to $1,300 by End of 2009 / Commodities / Gold & Silver 2009
Gold may be nearing its next major leg up.
No investment ever goes straight up or straight down. During the last bull market in gold, the precious metal rose 2,329% from a low of $35 in 1970 to a high of $850 in 1980. However, during that time, there was a period of 18 months in which gold fell nearly 50% (see the chart below).
Read full article... Read full article...
Monday, August 03, 2009
Which Commodity ETF to Trade, Gold, Crude Oil or Natural Gas? / Commodities / Commodities Trading
In the markets of today, investors and speculators alike have the ability to participate in a lot more than company stocks. With the advent of ETF’s, market participants can now diversify into the realm of currencies, gold, crude oil, grains, agriculture and a host of other avenues. In the past if one wanted to play the above commodities he/she would pretty much have to purchase a futures contract or an option on the futures. And that is the world of high leverage and high risk/reward.
Read full article... Read full article...
Monday, August 03, 2009
Big Bounce in Commodities Gold, Silver, Oil and Nat Gas / Commodities / Commodities Trading
Last week we saw commodities sell down then put in solid bounce, which allowed us to generate new pivot lows for drawing support trend lines. This is the exact type of price action I have been waiting for. Natural Gas did nothing special but crude oil put in a very strong bounce and is now trading at a double resistance level which is explained later in the report.
Read full article... Read full article...
Sunday, August 02, 2009
Fat Pitch ETF Advisory Newsletter - Interesting Week For Gold / Commodities / Commodities Trading
Trade Actions:
Buy INP ( India ) @ 50 or better
Buy JJC ( Copper ) @ 33 or Better
Sunday, August 02, 2009
Gold Friday Price Surge, Volume Will Point the Way / Commodities / Gold & Silver 2009
If it wasn’t for Friday it would have been a miserable week for gold. It would be interesting to know the trading volume on Friday (it’s not usually available until Monday, for what reason has always been a mystery to me). More about this volume business below.
Read full article... Read full article...
Saturday, August 01, 2009
Long Term Look at the Commodities CRB and Silver / Commodities / CRB Index
Every market is comprised of cycles of various durations. Each of these cycles is constantly ebbing and flowing with one another much like the currents, the tide, the waves and ripples in the ocean. Sometimes these different cycles are moving together and sometimes they move in opposition. In cycles analysis the trend is defined as the direction of the next larger cycle.
Read full article... Read full article...
Friday, July 31, 2009
Profitably Playing the Next MegaMove in Gold and Silver / Commodities / Gold & Silver 2009
“Is it not a huge conflict of interest that JP Morgan (JPM), a bank that perpetually ranks among the largest short positions against silver on the COMEX, is the custodian for the iShares Silver Trust (SLV)? According to silver analyst Ted Butler, JP Morgan is consistently among the one or two U.S. banks that hold more than 80% to 90% of the entire commercial net short position in COMEX silver futures. If you have positioned yourself to make huge profits from drops in the price of silver, is it reasonable for you to simultaneously desire investors to buy more physical silver (if indeed the SLV holds the amount of physical silver it claims)?
Read full article... Read full article...
Friday, July 31, 2009
Gold Rockets with the Euro / Commodities / Gold & Silver 2009
Gold prices and the SPDR Gold Shares (NYSE: GLD) have rocketed in sympathy with the thrust in euro/dollar to 1.4250 from 1.4030. What caused the simultaneous sudden spikes in gold and euro right now remains a mystery. However, the fact is that today’s surge in the GLD is pushing up against important resistance at 94.00, which if hurdled should trigger a run at more critical resistance at 95.85.
Read full article... Read full article...
Friday, July 31, 2009
Falling Global Gold Production / Commodities / Gold & Silver 2009
There is no denying gold’s store-of-value relevance throughout the history of the world. It has been and will always be the ultimate form of currency. Even today gold’s alluring and timeless qualities transcend every political, social, and monetary boundary that man puts into place. Gold’s core fundamentals will forever be rock solid.
Read full article... Read full article...
Friday, July 31, 2009
Silver Investing Risk and Reward Analysis / Commodities / Gold & Silver 2009
One of the questions I am asked most frequently is, “Where can I invest in precious metals to maximize returns?” The answer is not as straightforward as one might expect.
Read full article... Read full article...
Friday, July 31, 2009
Gold BreakOut on U.S. Dollar Devalution Expectations? / Commodities / Gold & Silver 2009
Some sage gold watchers are expecting a major $ devaluation before the end of the year! Some say it could be any day now. Certainly the fundamentals have pointed that way, as we have discussed for some time now, this despite the repeated "Strong $ Policy" statement from this and the last Administration. The concept is no doubt alarming and implies a radical change in global economics.
Read full article... Read full article...
Friday, July 31, 2009
Why Food Prices Are Set To Rocket / Commodities / Agricultural Commodities
Sean Brodrick writes: China leads the world in many things, including the amount of ground lost to desertification or ecological disaster.
At the same time, the Chinese are changing their eating habits … eating more food and especially more beef. As a result, despite bumper crops, China is becoming more at risk of being unable to feed itself.
Read full article... Read full article...
Friday, July 31, 2009
Short Term Bulls Slip Up in Crude Oil / Commodities / Crude Oil
The rebound in Crude Oil (NYMEX) seen in July, off clear technical support, was no surprise. But we questioned the longevity of this, believing that the bears still had something up their sleeve. We therefore had assumed that this bounce was of a corrective/temporary nature, and decided to maintain a bearish stance in the Commodity Trading Guide. So far, we remain happy with this.
Read full article... Read full article...
Friday, July 31, 2009
Gold's Mini Rally After the Plunge / Commodities / Gold & Silver 2009
Gold: After falling by nearly $30/oz on Tuesday, to $926/oz, gold experienced a mini rally yesterday moving back to $938/oz in early trading. Whether this is a temporary bounce after a significant sell off remains to be seen.
Read full article... Read full article...
Friday, July 31, 2009
Commodities Still a Lot More Attractive Than Stocks / Commodities / Gold & Silver 2009
One has to admit, the stock market has shown remarkable resilience during this crisis. If we are to assume that the stock market has bottomed (I doubt it), then stocks managed to do so at levels far higher than they usually hit during recessions.
Read full article... Read full article...
Thursday, July 30, 2009
Bullish on Commodities, From Natural Gas in India to Oil in South America to Uranium in East Africa / Commodities / Resources Investing
Primevest Capital Corp. President Ryaz Shariff reaffirms his long-held status as a commodity bull in this exclusive interview with The Energy Report, telling us to expect significant upticks in the markets once demand resumes. Having shifted somewhat from the mining sector last year, he also talks about some of the energy plays he likes these days—from natural gas in India to oil in South America to uranium in East Africa.
Read full article... Read full article...
Thursday, July 30, 2009
Worst of Natural Gas Bear Market Behind Us / Commodities / Natural Gas
The natural gas inventory figures came in more or less as expected, which in this market is a victory! Otherwise, the tame inventory data really should not be a surprise. If we are to believe what my near and intermediate work is telling us, the worst of the gas bear market is behind us, and now we are in the arduous “base-building” phase (measured in weeks) prior to a sustainable powerful upmove.
Read full article... Read full article...
Thursday, July 30, 2009
Equity-driven Commodities Correction / Commodities / Commodities Trading
KEY POINTS
• Resistance in stocks drives commodity correction
• Risk aversion in equities underpins US$
• Gold low expect in September/October
• Range-bound oil prices under resistance
• Copper prices stall at $2.50
• Natural gas looks to seasonal strength in September