Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, May 28, 2010
Gold and Silver Mining Stocks Rising and Falling with the General Stock Market? / Commodities / Gold and Silver 2010
Since our previous essay dedicated to the general stock market and its influence on the PM sector generated a lot of positive feedback we decided to provide you with a follow-up. However, before jumping straight into the chart analysis, let's focus on the big picture.
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Friday, May 28, 2010
Coppers Wild Bull Market, SPX Usurps Stockpiles / Commodities / Metals & Mining
From boring industrial metal to commodities superstar, copper’s wild bull market has been full of excitement. Its huge 475% run from its 2003 low to 2008 high made investors fortunes. Its subsequent panic-driven 69% plunge was catastrophic. And then copper’s resilient 183% post-panic recovery to its recent April high has been breathtaking.
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Friday, May 28, 2010
China Reassures Global Markets and Promotes Yuan Denominated Gold Investments / Commodities / Gold and Silver 2010
Gold edged higher again yesterday on a continuing safe haven bid due to various macroeconomic and geopolitical risks and has fallen marginally in trading today. Gold is currently trading at $1,206.48/oz and in euro and GBP terms, at €976.43/oz and £830.34/oz respectively.
Asian stock markets rose, European markets are mixed, and US markets are down. This is despite a big rally on Wall Street yesterday which was attributed to China's reassuring expression of confidence in Europe's ability to restore financial stability. This has, for the moment anyway, alleviated concerns about the eurozone's debt crisis and the euro itself.
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Friday, May 28, 2010
Get Your Gold and Silver Coins Now / Commodities / Gold and Silver 2010
Wall Street is busy telling us “Crisis Averted.” Average investors don’t think so. How do I know? Because sales of gold and silver coins are SOARING!
I’m not just talking about Europe. Sure, the euro seems to be in a doom dive and may even be headed for oblivion. So you can’t blame the Europeans for lining up to buy gold bullion and coins.
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Friday, May 28, 2010
Lake Erie Wind Farm to be First Freshwater Offshore Project in U.S. / Commodities / Renewable Energy
The first step in an ambitious project to generate 1,000 megawatts of electricity from offshore wind turbines in Lake Erie was taken this week with an order to General Electric for five massive turbines.
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Friday, May 28, 2010
Agri-Food Trends, Volcano Disappoints and Greece Fades / Commodities / Agricultural Commodities
While still having hopes for the Icelandic volcano, we must accept for now the disappointing reality that a great calamity will not be generated by this hot little mountain. Maybe next time it will better serve our inner desire for something meaningful. Greece is fading and the volcano disappoints. Oh well, maybe next month.
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Friday, May 28, 2010
Gold's latest "Buy" signal... / Commodities / Gold and Silver 2010
Martin Hutchinson writes: You can see signs of de-globalization everywhere. Just look at the intense shareholder opposition to Prudential PLC's proposed takeover of the Asian operations of American International Group Inc. (NYSE: AIG).
And that's just one example.
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Friday, May 28, 2010
Gold Bulls Well-Placed to Drive Higher / Commodities / Gold and Silver 2010
The recent breach of last December’s peak was brief, but the current chart structure does not indicate fatigue. Higher prices are likely before better resistance could be seen.
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Thursday, May 27, 2010
Professor Niall Ferguson Says Don't Buy Gold, Wrong Again? / Commodities / Gold and Silver 2010
Phew! That was a close call from our tenured contrarian indicator...
YIKES! FOR ONE awful moment just then, I thought maybe the top was in.
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Thursday, May 27, 2010
New Upleg for Gold GLD ETF / Commodities / Gold and Silver 2010
Is the "re-risk" trade back on for gold? Last week everyone was "de-risking," remember? The pattern carved out in the SPDR Gold Shares (NYSE: GLD) since the May 12 all-time high at 122.24 argues that major "de-risking" (otherwise known as profit-taking) emerged into the May 21 low at 114.01 (-7%).
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Thursday, May 27, 2010
Crude Oil Prices Back Above $73 / Commodities / Crude Oil
Crude oil prices climbed significantly early Thursday (May 27) morning in New York Mercantile electronic trading. After dipping below $70 for a few days thanks to European troubles and the BP oil spill, oil has returned to the $73 level based on speculator expectation for positive US economic news.
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Thursday, May 27, 2010
Finally, Precious Metals ETFs I Can Safely Recommend / Commodities / Gold and Silver 2010
Chris Weber writes: In all the years I've recommended owning precious metals, I've preferred people buy and store actual gold, silver, or platinum.
But this is not always possible or convenient for at least some portion of people's money. That's why since the first gold exchange traded fund came out a few years ago, I spotlighted it.
Thursday, May 27, 2010
Gold Bullish Despite Frightening Deflation in Money Supply / Commodities / Gold and Silver 2010
THE PRICE OF PHYSICAL GOLD in wholesale dealing slipped from an early 6-session high in London on Thursday, ticking back to $1207 an ounce but remaining 3.1% higher for May-to-date.
World stock markets rallied further, cutting more than a third of this month's 8% losses.
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Thursday, May 27, 2010
Silver 'Poor Man's Gold' to Play Catch with as Ratio Falls / Commodities / Gold and Silver 2010
Silver has risen yesterday and today as it reverses recent sharp falls - many investors see silver as very cheap versus gold as seen in the gold silver ratio (see charts below) which is back to over 66.
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Thursday, May 27, 2010
The Gold and Silver Precious Metals Correction / Commodities / Gold and Silver 2010
It’s been an exciting week for traders as volatility levels are through the roof and the broad market is moving up and down like a yoyo. You cannot take your eyes off the screen if you have a large amount of money invested as you can quickly find yourself with a large profit or loss in the matter of minutes….Read full article... Read full article...
Thursday, May 27, 2010
The Coming Gold Price Explosion / Commodities / Gold and Silver 2010
Central Banker's Dream - (n) the unlimited expansion of fiat currency and credit without the disastrous effects of price inflation or a loss of confidence in the paper currency itself.
Why would the government want to suppress the price of gold and silver?
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Thursday, May 27, 2010
Gold, Silver and Mining Companies Shaping Up / Commodities / Gold and Silver 2010
We will kick off with a review of the charts for gold, silver and the gold bugs index, the HUI, in an attempt to see where we are now and just where we might go from here. However, to put the charts into context we need to take into consideration the surrounding political, economic and investment landscape.
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Wednesday, May 26, 2010
When Technicals Fail, Gold and Silver Investors are Better Served / Commodities / Gold and Silver 2010
Perhaps more now than ever in history (save for a few depressions), technical levels on everything from stocks, bonds and even precious metals have disappeared. No longer are support and resistance lines, moving averages, or oscillators stealing the show. Instead, investors are buying and selling with their gut, and overall, it’s probably for the better.
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Wednesday, May 26, 2010
White House Admits BP Disaster Worst Oil Spill in US History / Commodities / Crude Oil
Andre Damon writes: After downplaying for weeks the significance of the Gulf Coast oil spill, the White House admitted on Monday that the Deepwater Horizon disaster constitutes the worst oil spill in US history. The admission from the White House comes as the Obama administration continues to insist that the response to the oil spill remain in the hands of BP.
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Wednesday, May 26, 2010
Oil Exploration Could Be Revolutionized Worldwide with This New Technology / Commodities / Oil Companies
A Saskatchewan entrepreneur could revolutionize oil exploration worldwide, with a new technology that uses readily available satellite data to determine if a property has commercial amounts of oil or gas underground.Robert Fisher, CEO of Leaf and Stone Resonance Services Inc. in Saskatoon, uses a process called “resonance coupling” that he says can tell if there is oil and/or gas on a property, onshore or offshore.
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