Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, May 14, 2010
The Hot New “Carry Trade” and Gold’s Record Run - One Chart Explains it All / Commodities / Gold and Silver 2010
By: Q1_Publishing
Every few months institutional investors get hooked on a new trade. The trades start off with solid fundamental ideas, then the Big Money piles in, it goes parabolic, good “stories” bring in the retail investor, and the trade eventually blows itself up.
Read full article... Read full article...
Friday, May 14, 2010
COMEX Gold and Silver Markets do Not Affect Gold and Silver Prices At All! / Commodities / Gold and Silver 2010
By: Julian_DW_Phillips
All of us follow COMEX in New York and assess the ‘net speculative long position’ there, so as to see the actual weight of opinion on the gold price. It gives us a clear market opinion after all. But many of you out there may believe that COMEX is a very large factor in the gold price. Is it?
Friday, May 14, 2010
Gold Golden Antidote to Our Being Fleeced! / Commodities / Gold and Silver 2010
By: DeepCaster_LLC
“Goldman Sachs Group Inc. traders didn't lose any money at the end of each trading day during the first quarter…
Traders raked in more than $100 million daily for 35 days and made no less than $25 million daily during the rest of the three-month period, according to a regulatory filing.”
Read full article... Read full article...
Friday, May 14, 2010
Gold €1000: Sovereign Debt Crisis Insurance or Bubble? / Commodities / Gold and Silver 2010
By: Adrian_Ash
Rising insurance premiums don't negate the need to insure...
IS GOLD in a bubble at €1000 an ounce? Let's hope so. Because if not, it would mean investors are right to keep bidding crisis insurance higher.
Read full article... Read full article...
Friday, May 14, 2010
Is Gold Heading for $5,000? / Commodities / Gold and Silver 2010
By: Jeff_Clark
By Jeff Clark Editor Casey’s Gold & Resource Report : Gold is once again above $1,200 and making new highs. And yet, Doug Casey thinks we’re just getting started, estimating gold could touch $5,000 before this is all over. A titillating thought, to be sure, but... how likely is that?
Gold’s latest rise stems from mounting fear that the Greek bailout will be followed by other euro-area countries queued for a me-too handout. In other words, gold is serving its historical role as a safe haven, a store of value, and an alternate form of money when governments recklessly plunge themselves heavily into debt and abuse their currency.
Read full article... Read full article...
Friday, May 14, 2010
European Sovereign Debt Crisis Sends Euro Gold to €1000, Will it Hold ? / Commodities / Gold and Silver 2010
By: Zeal_LLC
With the European sovereign-debt troubles dominating financial news, the euro has taken quite a beating lately. The majority consensus opinion even believes that the euro’s very existence is threatened by this crisis. This pervasive euro-bearish psychology has ignited euro gold, which is now challenging the fabled €1000 level.
Friday, May 14, 2010
European Economic and Debt Concerns Lead to Crude Oil Price Drop / Commodities / Crude Oil
By: LiveCharts
It’s Europe’s turn to effectively control oil prices as the serious economic concerns of many of the European Union’s top countries has contributed to crude oil slipping to its lowest price in 3 months.
The price of benchmark crude oil set for June delivery fell $1.31 in late Asian trade on the New York Mercantile Exchange to a price of $73.10 at one point.
Read full article... Read full article...
Friday, May 14, 2010
3 Things to Check BEFORE Trading Gold ETFs / Commodities / Gold and Silver 2010
By: Sean_Brodrick
Gold sure looks like it’s on the launch pad, with my targets of $1,350 and $1,500 both in sight. Many investors would like to play that move with funds that claim to track physical gold — exchange-traded funds, or ETFs.
But there is peril as well as profit potential. Let me give you my take on the gold funds — and tell you the two that I wouldn’t touch with a 10-foot pole.
Read full article... Read full article...
Friday, May 14, 2010
Gold "Strengthened" by New Euro Crisis; Still "Early Days" for Global Gold Investment / Commodities / Gold and Silver 2010
By: Adrian_Ash
WHOLESALE GOLD BULLION PRICES rose to new record highs against all major currencies Friday morning in London, as world stock markets fell amid the ongoing Eurozone crisis.
The Euro sank through $1.25 – an 18-month low to the Dollar – as Spain's El Pais reported that French president Sarkozy threatened to quit the currency union last weekend unless Germany agreed to the €750 billion "stabilization" package.
Friday, May 14, 2010
The Gold Fear Premium / Commodities / Gold and Silver 2010
By: Dian_L_Chu
Gold prices were hitting record highs as gold's appeal as a safe haven asset exploded. June gold was down 1.1% to settle at $1,229.20 an ounce on Thursday after hitting a record high of $1,250 in previous session.
The metal’s surge was driven primarily by concern that an almost $1 trillion loan package in Europe will slow the region’s growth and debase its currency. Adjusted for inflation, gold is near its highest since April 1981, based on data at Bloomberg.
Friday, May 14, 2010
Gold is Set to Soar... Here's the One Way to Profit / Commodities / Gold and Silver 2010
By: Money_Morning
Martin Hutchinson writes: Gold prices have been on a tear of late and gold futures briefly touched yet another record yesterday (Thursday) at more than $1,240 an ounce - a level that would have seemed a distant prospect only a year ago.
Friday, May 14, 2010
Crude Oil Key Reversal Week Makes Bulls See Red / Commodities / Crude Oil
By: Seven_Days_Ahead
This year’s bull run, from an early Feb low, formerly held the promise of a more sustained move. But a recent negative Key Reversal Week is ignored at ones peril – these can be very good signals – and certain support points must now be closely monitored.
Thursday, May 13, 2010
Exciting Crude Oil and Natural Gas Investing Opportunities / Commodities / Energy Resources
By: The_Energy_Report
Oil and Gas Analyst Adam Michael is excited—in some cases very excited—about a lot of things in his sector, including Turkish gas and Latin American oil plays. He even gets excited about long-term oil price fundamentals. Just don't ask him about the domestic oil and gas market. It's just so yesterday's cycle.
The Energy Report: Adam, please give us a macro view of the energy market.
Thursday, May 13, 2010
Eye on Silver Price and Pan American Silver Corp (PAAS) Stock / Commodities / Gold & Silver Stocks
By: Mike_Paulenoff
Pan American Silver Corp. (Nasdaq: PAAS) has hurdled its December high at 27.31 on the monthly chart, at the same time that spot silver has broken above its long-term resistance line (from 1980) at 19.46. If silver prices accelerate to the upside, PAAS should benefit and climb towards 35.00, again on a big-picture, monthly chart basis.
Read full article... Read full article...
Thursday, May 13, 2010
The World According to Gold / Commodities / Gold and Silver 2010
By: Midas_Letter
Whenever gold touches a new record price, goldbugs leap up and down and slap each other heartily on the back in a self-congratulatory ritual that is becoming as predictable as the 4 seasons. They are right, and they know it. For all the troughs in the chart since 2000, any tenacious golden insect who held on through trial and tribulation has only seen his fortune grow. Naysayers have gone silent, for the most part, but for that implacable breed who can still claim a flat earth when all the evidence is in supporting a round planet.
Thursday, May 13, 2010
Gold Hits New Euro and GBP Highs as Trend Following Compounds Inflation and Default Fears / Commodities / Gold and Silver 2010
By: Adrian_Ash
THE PRICE OF GOLD in terms of Euros and Sterling rose to new record highs Thursday morning in London, trading $5 below yesterday's all-time Dollar high as commodities fell and government bond prices rose.
A 2% surge in Asian stocks faded in European dealing. The Athens stock market retreated 1% by mid-afternoon.
Thursday, May 13, 2010
What You're Not Hearing About the Coming Offshore Oil Drilling Ban / Commodities / Crude Oil
By: DailyWealth
Matt Badiali writes: Several months ago, I published a research report on the Strait of Hormuz, the narrow waterway that runs along the Iranian coast.
Around 40% of the world's oil supply moves through this "chokepoint." That oil is pumped from the fields in the Middle East, loaded onto ships, and sent to Asia, Europe, and North America.
Thursday, May 13, 2010
Gold New High, It’s All Better Now / Commodities / Gold and Silver 2010
By: Neil_Charnock
Gold reached US$1248.20 which was a new record high in USD. Silver has also followed gold up, this rally looks like the real thing. I have to stand corrected here as I was off the mark a little in some recent statements. I forecast US$1180 as an interim top and it only reached $1170 before pulling back to the $1140 level. I had also thought we would have pulled back for longer and that this rally would be a false break out. So much for short term forecasting it is extremely difficult. This short term forecast turned out wrong thanks to one trillion more reasons potentially circulating in Europe.
Thursday, May 13, 2010
Gold Trend Forecast 2010 Updated and Related Market Ratios / Commodities / Gold and Silver 2010
By: David_Petch
The daily chart of the Canadian dollar index is shown below, with the lower 55 MA Bollinger band falling beneath the lower 55 MA Bollinger band, suggestive that a bottom of some degree has been put in place. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K beneath the %D in all three instances. Given the sharp decline in the Canadian dollar the past few weeks, expect another 1-2 weeks of basing before any move up commences.
Thursday, May 13, 2010
Gold at $1500/oz Forecast by Gold Analysts on Sovereign Debt and Currency Concerns / Commodities / Gold and Silver 2010
By: GoldCore
Gold has consolidated near record highs in Europe today as concerns about eurozone debt default and sovereign debt contagion remain. Gold rose to $1,246/oz early in the afternoon in New York yesterday before closing with a gain of 1.92%. It then rose to a new all time nominal high of $1,248.20/oz after New York closed. It has range traded from $1,233/oz to $1,239/oz in Asian and early European trading this morning. Gold is currently trading at $1,234/oz and in euro and GBP terms, at €982/oz and £837/oz respectively. Read full article... Read full article...