Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, July 27, 2009

Precious Metals Rally Running Out of Steam, Or Going a Lot Higher? / Commodities / Gold & Silver 2009

By: Przemyslaw_Radomski

In the previous essay I wrote the following: Recently the precious metals market has been influenced by developments in the general stock market, which contributed to a considerable extent to its recent downswing and subsequent rally. At the moment, the technical situation for the main stock indices is favorable, which means that precious metals are likely to move higher as well.

Monday, July 27, 2009

Commodities Technical Trading Setups for Gold, Crude Oil and Natural Gas ETF's / Commodities / Commodities Trading

By: Chris_Vermeulen

Commodities are trying to hold their ground and could go either way quickly. There is a lot of chatter going on about gold and silver. I am hearing extreme theories from everyone I talk with. Generally when I see the market get jumpy we tend to see volatility increase which translates into sharp rallies or sell offs.

Monday, July 27, 2009

The Day the U.S. Dollar Died and Gold was Reborn / Commodities / Gold & Silver 2009

By: Bill_Downey

Who would have thought that the information age would be so confusing?  Given the same set of conditions, man has this tendency to find different interpretations of the same data.  For instance, there is a huge inflation/deflation debate going on.  The problem (for some of us) is that both sides can and do give good argument for their respective side.  When I read a good deflation article, I am convinced that it will be so.  That is, until I read a good inflation article.  Then I tend to start thinking inflation again. 

Monday, July 27, 2009

Gold Bull Market Guaranteed to Make new Highs During 2009 / Commodities / Gold & Silver 2009

By: Douglas_V._Gnazzo

Gold - For the week gold gained $14.10 (+1.50%) to close at $951.50 (continuous contract). This was the highest weekly close in the last seven weeks, so it is a positive development, especially if it holds.

The daily chart below shows gold approaching overhead resistance, as represented by the late March high, which is marked by the upper white horizontal line on the chart.

Saturday, July 25, 2009

Gold Marking Time Ahead of Next Direction Explosion, Up or Down? / Commodities / Gold & Silver 2009

By: Merv_Burak

It was actually somewhat of a BLAH week in the market.  Monday was gang busters and then nothing for the rest of the week.  Gold seems to be marking time waiting for the next explosion, up or down.

PRECIOUS METAL FUNDAMENTALS

Saturday, July 25, 2009

Will Big U.S. Banks Be Forced to Cover Large Gold Short Positions? / Commodities / Gold & Silver 2009

By: Julian_DW_Phillips

For many years, accusations that JPMorgan Chase, Citigroup, Bank of America and Goldman Sachs have wide open and huge, exposed short positions against gold and silver, have been made by groups like GATA and others. In the United States these four banks control over 90% of the derivatives market. They too will be subject to "substantial supervision and regulations," including conservative capital requirements and strong business conduct standards. U.S. Treasury Secretary Timothy Geithner is set to propose giving securities and futures regulators authority to police the over-the-counter derivatives market. Discussions on these regulations begin next week.

Saturday, July 25, 2009

When to Buy Stocks on Bad News / Commodities / Agricultural Commodities

By: Q1_Publishing

The old Wall Street adage says to “buy on bad news, sell on good news.”

This simple strategy paid off well for decades.

Friday, July 24, 2009

The Appeal of Advanced-Stage Development Assets / Commodities / Gold & Silver 2009

By: The_Gold_Report

Primevest Capital Corp. President Ryaz Shariff reaffirms his long-held status as a commodity bull in this exclusive interview with The Gold Report, telling us to expect significant upticks in the markets once demand resumes. He also talks about some of the value-creating catalysts he seeks among the investments he makes. High on his list are advanced-stage development explorers that could attract a sensible suitor or two from among the majors.

Friday, July 24, 2009

Gold's Quest to Break Above $1000 / Commodities / Gold & Silver 2009

By: Zeal_LLC

Big round numbers are irresistibly alluring.  There is some kind of psychological gravity about them that captures people’s attention.  Remember when the Dow 30 first breached 10k (March 1999) or oil first exceeded $100 (February 2008)?  These were major financial-media events that spilled widely into the mainstream consciousness.

Friday, July 24, 2009

Agricultural Commodities Bull Market / Commodities / Agricultural Commodities

By: Uncommon_Wisdom

Sean Broderick writes: World cereal prices hit record highs in 2007 and in the first half of 2008. Consequently, food prices spiked, which in turn triggered riots in dozens of countries along with a series of food export bans. Since then, prices have fallen due to a good harvest in 2008.

So does that mean we don’t have to worry about the global food supply anymore? Not by a long shot!

Thursday, July 23, 2009

Three United States Gold Scenarios, Fort Knox, Fort Hocks or Fort Shocks / Commodities / Gold & Silver 2009

By: Stewart_Dougherty

For 72 years, the building at the intersection of Bullion Boulevard and Gold Vault Road in Fort Knox, Kentucky has symbolized the financial strength of the United States of America. The United States Bullion Depository, better known as Fort Knox, is said to contain 147.3 million troy ounces of gold, over half the nation’s total reported gold bullion holdings of 261.5 million troy ounces. The remaining 114 million ounces are said to be stored at the Denver and Philadelphia Mints, the West Point Bullion Depository, and the San Francisco Assay Office. Assuming a price of $1,000 / ounce, the nation’s gold is worth $261.5 billion. If the metal is actually there, it represents the largest sovereign stockpile of gold bullion in the world.

Thursday, July 23, 2009

Scaling Into the Natural Gas UNG ETF / Commodities / Natural Gas

By: Mike_Paulenoff

After this morning’s marginal new recovery high at 14.00, the U.S. Natural Gas Fund ETF (NYSE: UNG) reversed to the downside in reaction to “in-line” inventory data, which pressed indices to an intraday low so far at 13.25.   We initiated a 25% long position in our model portfolio at 13.32.  If the UNG is unable to consolidate and lift off from the 13.30/25 area, then I will be looking for another loop down towards 13.00, where we will add another 25% long position.

Thursday, July 23, 2009

Gold Consolidating Below $960, Supported by Fed Quantitative Easing / Commodities / Gold & Silver 2009

By: Adrian_Ash

THE PRICE OF GOLD slipped $8 an ounce from its best level since June 12th in London on Thursday, dropping back from $957 as European stock markets struggled near break-even but US stocks began the day higher.

Thursday, July 23, 2009

Trading Carbon Emissions Allowances - The EUA Contract / Commodities / Climate Change

By: Seven_Days_Ahead

This week in the Commodity Trading Guide we commenced regular coverage of EUA – (Carbon) Emissions Allowances. Interest and, accordingly, volume is growing strongly in this market, and the charts lend themselves well to technical analysis. In this Update we reproduce our analysis from the Guide.

Thursday, July 23, 2009

Millions of Dollars of Profits For Trend Followers & Commodity Traders / Commodities / Commodities Trading

By: Andrew_Abraham

The statement…”Millions of dollars of profit for trend followers and commodity traders” are not a figment of my imagination. In Alpha Magazine in March of 2009 they listed the top 25 earners for 2008. The fact the top 25 are involved in futures trading and more so…trend following

Thursday, July 23, 2009

Gold and Gold Stocks Preparing to Rocket Higher / Commodities / Gold & Silver 2009

By: Chris_Vermeulen

It’s that time again when the gold bugs come crawling out of the wood work.

Monthly, weekly and daily charts are all about to move close together and when then happens be ready to buy gold and gold stocks (golden rockets). Technically speaking we are still a long way from the HUI monthly chart breaking out to the up side. But if this bullish price action continues our weekly and daily trading signals will reap big rewards as we enter gold early before the next leg (rally) higher.

Thursday, July 23, 2009

What's the Best Strategy for USO Crude Oil Fund? / Commodities / Crude Oil

By: INO

Today I'm going to take another quick look back at a popular ETF USO, or United States Oil. You'll quickly see how the MarketClub "Trade Triangle" strategy is working in this market.

Wednesday, July 22, 2009

Economic Crisis Hit Italy Hits Crisis Over Anti-Crisis Gold Tax / Commodities / Gold & Silver 2009

By: Adrian_Ash

If this sounds like a rough and clumsy translation of Italy's proposed gold tax, you should see the original...

THERE'S ONLY so many ways you can say "No" in Italian (just the one in fact), and the Bank of Italy has used them all in defending its gold hoard from Rome's over-spent politicians in the last 10 years.

Wednesday, July 22, 2009

China Tightens Grip on Africa's Energy Resources with Stake in Offshore Field / Commodities / Energy Resources

By: Money_Morning

Jason Simpkins writes:CNOOC Ltd. (NYSE ADR: CEO) and Sinopec Corp. (NYSE ADR: SHI) have agreed to buy a 20% stake in an oil field off the shore of Angola for $1.3 billion, illustrating China's persistent attempts to acquire resources for its economic expansion at a time of weakness for many Western oil majors. 

Wednesday, July 22, 2009

Economies Bottoming and Metal Prices / Commodities / Metals & Mining

By: HRA_Advisory

The shift towards a more positive mood became infectious last week, despite a continuation of at best mixed results from either side of the Atlantic. In New York the brokers were showing good Q2 results, but the bankers are still flushing cash away on an operating basis. Being able to gain on the decline of assets is aiding the traders, while the lenders continue to deal with the losses this creates.