Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, May 11, 2009
Natural Gas Panic Selling or Mania Driven Shorting Selling? / Commodities / Natural Gas
By: Captain_Hook
Many are wondering what the heck is going on in the natural gas (NG) market, because if it’s suppose to be such an essential commodity, why does the price keep crashing, especially with stability found in the larger equity complex? To answer this question properly, we must first set the stage with the appropriate background understandings, where because of the extremes in pricing we are seeing here, previous efforts in this regard now appear insufficient. In the first place, in order to fully understand what is occurring here, one must realize that the NG market is now showing all the signs of an extreme manic blow-off, only instead of an upside exhaustion, we are witnessing a ‘selling panic’. In this regard then, the important thing to realize is extremes in speculation and emotion are now in control of this market, not the fundamentals, making it the ‘mania de jour’.
Monday, May 11, 2009
Government Wealth Destroying Policies to Drive Gold Much Higher / Commodities / Gold & Silver 2009
By: Ned_W_Schmidt
Will the wealth destroying policies of the Obama Regime make the People's Bank of China full-fledged Gold Bugs? Chinese officials announce their purchases of Gold, and continue to raise concerns about U.S. economic policy and the associated implications for the value of the U.S. dollar. One might think they have indeed become Gold Bugs. If that be the case, no real surprise should be registered. A casual observation of government economic policies around the world, and in particular in the U.S., since the invention of the central banking and fiat money would convert any rational individual into a Gold Bug. Given the wealth destroying policies of the Obama Regime, a large number of people might wake up to be Gold Bugs.
Monday, May 11, 2009
Gold Miners GDX ETF Bullish Consolidation? / Commodities / Gold & Silver Stocks
By: Mike_Paulenoff
The last three sessions in the Market Vectors Gold Miners ETF (NYSE: GDX) represent a high level bullish congestion area between 37.80 and 36.60 atop the most recent upleg that started at the 4/17 low of 30.80. If indeed, the past 3 sessions is a bullish consolidation, then the GDX should thrust to the upside to test multi-month highs clustered in the 38.70-39.00 area, and which if hurdled, should trigger a very powerful upside follow-through that projects to 42.50, then 45.00. Conversely, if the GDX breaks and sustains beneath 36.50, then more than likely the price structure will loop down to 35.00-34.50 prior to making another run on the upside. I have tightened my stop on our model portfolio position to 36.40 to reflect my current outlook. MJP 5/11/09 11:30 AM ET (37.10)Read full article... Read full article...
Monday, May 11, 2009
A Kamloops BC Copper/Gold Junior Giant / Commodities / Gold & Silver Stocks
By: Richard_Mills
Abacus Mining AME.tsx-v (amemining.com) signed a deal with Teck Cominco (TC) in 2002 to earn into a group of claims around the old Afton mine site ten kilometers southwest of city center Kamloops, British Columbia. TC had been mining the Afton pit, as well as other pits (Ajax) to run its 10,000 tonne per day (tpd) copper/gold operation until mining was suspended in 1997 because of low copper prices.
Monday, May 11, 2009
Gold Firm Going into Seasonally Weak Period / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD ticked 0.7% lower early Monday, recording an AM Gold Fix in London at $912.50 per ounce as equities fell, government bonds rallied, and the US Dollar bounced one-cent from a seven-week low to the Euro.
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Monday, May 11, 2009
Gold Rises as U.S. Dollar Falls Sharply / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold and silver prices rose last week (gold was up 3.1% and silver rose sharply by 11.6%) as the US dollar fell sharply and broke down technically and US bonds continue to sell off aggressively.Read full article... Read full article...
Monday, May 11, 2009
Crude Oil, Gold and Silver ETF Trading Breakout Signals / Commodities / Exchange Traded Funds
By: Chris_Vermeulen
Gold, Silver and Oil breaks out to new multi week highs and shows signs of more strength to come. The charts below show both weekly and daily trading analysis pointing to higher prices for these commodities.
Saturday, May 09, 2009
Gold's Weak Rally Lags Silver Real Strength / Commodities / Gold & Silver 2009
By: Merv_Burak
Gold seems to want to move but is having a rough time of it. The strength behind the recent advance seems to be somewhat pathetic. Let’s go to the charts and indicators.
GOLD : LONG TERM
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Friday, May 08, 2009
Favour Gold and Silver Mining Stocks That Perform Extensive and Aggressive Drilling / Commodities / Gold & Silver Stocks
By: The_Gold_Report
Whether it's precious or base metals in the ground, Rosseau Asset Management founder Warren Irwin likes to see extensive, aggressive drill programs in promising deposits. In this exclusive interview with The Gold Report, he says that investments in such companies have paid off in the past and are likely to do so in the future. Gold or silver, copper or nickel, even if commodity prices fall, he argues that the miners with the higher-grade deposits and busy drills have—and offer—the best price protection.
Friday, May 08, 2009
Gold Means Security, Liquidity & Diversification / Commodities / Gold & Silver 2009
By: Adrian_Ash
"I know the Government are intent on decimating the country's gold reserves...to replace them with a whole series of overseas currencies. [Yet] they are not only selling gold but devaluing our remaining gold supplies by announcing their intention to sell in advance, which leads to a lower price on sale..." Nick Gibb MP, debating the UK Finance Bill, 13 May 1999
Friday, May 08, 2009
HUI Gold Stocks Bullish Technicals / Commodities / Gold & Silver Stocks
By: Zeal_LLC
Over the 6 months since the height of the stock panic in late November, commodities stocks have probably been the best-performing sector. While general stocks slumped to new lower lows in early March, commodities stocks surged. Their bullish fundamentals drove 50% to 100%+ gains over the S&P 500’s exact low-to-low span!
Friday, May 08, 2009
Gold Bull Market Momentumn Building / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE SPOT PRICE of gold rose for the sixth session running on Friday, reaching the best Gold Fix in London in five weeks before dropping half-a-per-cent – and outpacing a drop in the Dollar – as world stock markets and commodities also slipped back.
The Euro jumped above $1.35 to the Dollar for the first since April 5th on news of smaller-than-expected US job losses last month.
Friday, May 08, 2009
Upside Down Gold Trend and the Great Credit Contraction / Commodities / Gold & Silver 2009
By: David_Morgan
John Exter was an internationally known banker and a gold bug in the true sense of the word. He graduated from Harvard and was present when Keynesian economics first came to the fore. He lived through World War I, witnessed the founding of the Federal Reserve, the Great Depression, and the establishment of the International Monetary Fund (IMF). He also presided over the New York Federal Reserve Bank. Mr. Exter’s work can be found on the Internet with a simple Google search.
Friday, May 08, 2009
Gold Rises on Investor and Central Bank Demand / Commodities / Gold & Silver 2009
By: Mark_OByrne
Gold rose for the fourth day yesterday and is up some 3.5% so far this week and set to complete a very strong week. As expected, under reported and leveraged silver has outperformed gold and surged more than 12% this week. A close above $14.60/oz, could see silver again challenge recent nominal highs at $20.88/oz.
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Thursday, May 07, 2009
Silver Leads Gold Higher as U.S. Dollar Teeters on the Brink / Commodities / Gold & Silver 2009
By: Jim_Willie_CB
In a bizarre exercise intended to defend legitimacy, the bankers are engaged in a complex game of propaganda. They pressured the USCongress to relieve Wall Street from the chains of FASB Rule #157, and the senators & representatives obeyed their paying masters. The result has been a baseless stock rally led by insolvent banks that have lied desperately about their capital and earnings. The announced audited Citigroup profit of $1.6 billion in the first quarter was actually a deep $2.5 billion loss, provided the $4.1 billion in gimmickry was removed. The gimmicks pertained to toxic assets valued at fictitious model, shell games on loss reserves management, and illicit debt markdowns on the balance sheet. Thanks to Martin Weiss for the autopsy of Citigroup, the biggest zombie strutting in the global financial sector.
Thursday, May 07, 2009
Gold GLD and Natural Gas UNG, Splicing with Gene & Thom / Commodities / Investing 2009
By: The_Gold_Report
Thom Calandra of Ticker Trax™ and Gene Arensberg of Got Gold Report go way back as friends, colleagues and students of natural resources. They’re talking about tracking the people worth their salt in metals and mining.
Thursday, May 07, 2009
Gold Today and Nasdaq 1995, Secular Bull Market Fundementals / Commodities / Gold & Silver 2009
By: Jordan_Roy_Byrne
There are technical and fundamental similarities in all bull markets. In the case of Gold today and the Nasdaq in the mid 1990s, there are several key technical similarities. I will show these in two charts.
Thursday, May 07, 2009
How Will Chinese Central Bank Gold Buying Impact the Gold Price Short and Long-Term? / Commodities / Gold & Silver 2009
By: Julian_DW_Phillips
Hu Xiaolian, head of the State Administration of Foreign Exchange (SAFE) informed us last week that the country's gold reserves had risen by 454 tonnes from 600 tonnes since 2003, when China last adjusted its state gold reserves figure.
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Thursday, May 07, 2009
Gold Hits 5-Week High as ECB Admits to "Quantitative Easing" / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF PHYSICAL gold spiked to its highest level since the start of April in London trade on Thursday, jumping above $923 before slipping $7 per ounce as the forex, commodity and equity markets leapt on a move to "Quantitative Easing" by the European Central Bank (ECB).
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Thursday, May 07, 2009
Gold Price Technical Analysis: Major Trend Direction / Commodities / Gold & Silver 2009
By: INO
Today we're going to take a look at the gold market. While many traders have been frustrated with this market for the past several month, it has in fact performed quite well given the generally negative feeling for most markets.