Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, June 15, 2009

Silver Heading for Higher Highs After Current Correction Ends / Commodities / Gold & Silver 2009

By: Roland_Watson

A week or so ago we gave the short term view of silver that a decent sized top was in. Our first choice Elliott wave pattern (see below) looked complete as you can see from the chart we reproduce below. We had an alternate wave count which would be invalidated if it went below $14.80. That has now happened so the first choice count is vindicated.

Monday, June 15, 2009

Strong Fundamentals Add to Technicals of Agriculture ETF DBA / Commodities / Agricultural Commodities

By: Mike_Paulenoff

Here is the big picture of the PowerShares DB Agriculture ETF (NYSE: DBA), which is an ETF comprising agricultural futures    products such as corn, wheat, and soybeans. 

Monday, June 15, 2009

It's Official, The Era of Cheap Crude Oil Is Over / Commodities / Crude Oil

By: Global_Research

Michael T. Klare writes: Buckle your seatbelt, you may be going nowhere -- and it could be a very bumpy ride. Oil futures have just passed $71 for a barrel of "light, sweet crude oil" (sweet for energy stocks, anyway) on its way to... well, we don't know exactly where, but it won't feel good, not at the pump and not in the economy either. In the Midwest and scattered other locations, gas prices are already at the edge of $3.00 a gallon and the height of summer isn't even upon us.

Monday, June 15, 2009

Gold Continues Trend Lower as Dollar Strengthens / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE SPOT PRICE OF gold fell for US investors but held steady outside the Dollar early Monday as world stock markets and "risk assets" tumbled in the face of a fast-strengthening US currency.

Recording the lowest AM Gold Fix in three weeks at $932 an ounce, gold fell 0.8% vs. the Dollar after Russian finance minister Alexei Kudrin said the US currency was "in good shape" at this weekend's G8 summit of leading economies in Lecce, Italy.

Monday, June 15, 2009

Several Factors Suggest the Bottom in Gold and Silver Correction Is Near / Commodities / Gold & Silver 2009

By: Przemyslaw_Radomski

This essay is based on the Premium Update posted on June 14th, 2009

In my previous essay (and in my previous Premium Update, which you will be able read, as it is now posted on my website as a sample version) I wrote the following:

Monday, June 15, 2009

The Precious Metal and Energy Trading Report / Commodities / Gold & Silver 2009

By: Chris_Vermeulen

We continued to see precious metals under pressure last week. The US dollar moved firmly higher on Friday which sent gold & silver plummeting lower. Oil continued to drift to new multi month highs while natural gas moved sideways.

Sunday, June 14, 2009

Gold Bullish Trend Intact Despite Strong Reaction From $1000 / Commodities / Gold & Silver 2009

By: Merv_Burak

The U.S. Dollar Index rallied for a few days but is once more showing weakness.  With all that debt and printed money, how can the $ stay up there for so long?  Both the $ and gold were down on the week.  So much for moving in opposite directions.

Sunday, June 14, 2009

What's the Relationship Between the U.S. Dollar and Commodities? / Commodities / US Dollar

By: Money_and_Markets

Bryan Rich  writes: The dollar can’t manage to find its way out of the limelight these days. There’s speculation about its demise and the loss of its world reserve currency status. It’s even blamed for higher gas prices.

Saturday, June 13, 2009

Gold Rally Continuation Potentially in Doubt / Commodities / Gold & Silver 2009

By: Mike_Paulenoff

The more I examine gold market technicals, the more suspicions I have about its rally potential. The recent weakness in spot gold prices has just pierced the sharply rising 20-day moving average for the first time since the April lows at $864.50. In the past, a sustained downside violation of the 20 DMA has represented a near-term sell signal that invariably runs prices towards a test of the 50 DMA thereafter.

Saturday, June 13, 2009

Will the Gold Price Fall, When Consumer Confidence Really Rises? / Commodities / Gold & Silver 2009

By: Julian_DW_Phillips

Here we are with the gold price pulling back towards $900 after threatening $1,000. It hit $985 then pulled back into the $930's. Traders did not want to be in the lead in taking it over $1,000. Now it needs time to re-group and build up the strength and the reason why it should go through $1,000. Long-term investors have been on the sidelines since gold ran through the $900 level and COMEX speculators have jumped in 'boots an' all' taking it up on a Technical basis to just below $1,000.

Friday, June 12, 2009

John Embry Expects $1,500 Gold and Early Stage Hyperinflation by Year End / Commodities / Gold & Silver 2009

By: The_Gold_Report

Back for another thought-provoking conversation with The Gold Report, John Embry sees both good and bad news in the weeks, months and years ahead. For example, John— Sprott Asset Management's chief investment strategist—is braced for "an ugly summer," with "another significant test in the equity market." Before year-end, he anticipates $1,500 gold—but also the beginning of worldwide hyperinflation that may take many Americans by surprise. And while John is bearish on world economies for the next few years, within that same time he looks toward "numerous 5- and 10-baggers" among small-cap gold producers and junior explorers with solid projects.

Friday, June 12, 2009

China's New Commodity Hoard / Commodities / China Economy

By: Jennifer_Barry

In April, China announced that it purchased 454 metric tons of gold over the past six years. However, gold isn’t the only metal the Chinese have been buying. According to Michael Gaylard of Freight Investor Services, “They are building up some stockpiles right across the commodity spectrum, from base metals to coal.”

Friday, June 12, 2009

Farmland Investing, the Quiet Land Grab is Just Beginning / Commodities / CRB Index

By: Q1_Publishing

According to the Economist, Saudi Arabia, Kuwait, and China have been “quietly” buying up more than $20 billion of this asset.

It’s not oil or natural gas assets though. And it’s not the molybdenum they need to build thousands of miles of new pipelines. They’re buying up one of my favorite long-term investments, farmland.

Friday, June 12, 2009

Is Silver Money? (Revisited) / Commodities / Gold & Silver 2009

By: David_Morgan

I just returned from the Cambridge House Investment Conference in Vancouver, BC, and found this to be one of the best precious metals gatherings ever, not so much from the perspective of a number of attendees, but from the quality of the people who did attend.

Friday, June 12, 2009

Surging Commodity Prices the Unintended Consequences of Printing Money / Commodities / Quantitative Easing

By: Money_and_Markets

Mike Larson  writes: So let me see if I get this straight. From their recent lows …

Crude oil prices have more than doubled — to $72 a barrel from $33.55.

Friday, June 12, 2009

Crude Oil - The New World Currency / Commodities / Crude Oil

By: INO

Investors continued to abandon fiat currencies in favour of the worlds main commodity based currency, crude oil that continues its strong rally against all fiat currencies.

Friday, June 12, 2009

Gold Tumbles on U.S. Dollar Rally / Commodities / Gold & Silver 2009

By: Adrian_Ash

Gold Unwinds 2/5ths of Rally as Dollar Rises; 5% Allocation Advised for Investors, 40% "Easily Justified" or Central Banks

THE SPOT PRICE OF GOLD slipped to new 3-week lows Friday lunchtime in London, unwinding two-fifths of the 14% rally from mid-April as the US Dollar rose and oil prices retreated from yesterday's new 8-month highs.

Friday, June 12, 2009

Asian Central Banks Adding to Their Gold Reserves / Commodities / Gold & Silver 2009

By: Mark_OByrne

Gold: Gold's short term movements are still intrinsically linked to whatever the dollar is doing at the moment. Gold is currently trading at $949.50 and $950 seems to be where the market is settling for the time being. In the medium to long term, gold will still be sought after by investors wishing to hedge against very real inflationary worries. The US bond market is under huge pressure with increasing yields. A huge sell off would spark a fall in the dollar and a rise in long term interest rates.

Friday, June 12, 2009

Silver Temporary Setback / Commodities / Gold & Silver 2009

By: Seven_Days_Ahead

A recent Key Reversal Day, ahead of key resistance. This could be enough to justify a shorter term bear stance in Silver, notwithstanding the latest rebound. And the reward/risk ratio looks sufficiently large too…

Friday, June 12, 2009

Metal Prices Creating Another Financial Bubble? / Commodities / Metals & Mining

By: Pravda

against the background of the sliding dollar. Nickel had the most considerable price increase at London Metal Exchange today. A ton of this metal gained 5.09 percent and reached the maximum of this year – $15359.