Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, May 24, 2009
Igniting Gold and Silver Stock GDX, SLV ETFs / Commodities / Gold & Silver Stocks
The Market Vectors Gold Miners ETF (NYSE: GDX) hit my initial upside trading target zone of 42.50 in the aftermath of its upside breakout from 39.00/55 mid-week. The GDX has confirmed its breakout from a multi-month base pattern, which has optimal (non-specific timeframe) projections into the 53.00-55.00 target zone. From a near-term perspective, the next target is 45.00. If one of the patented downside swoons occurs, the GDX should hold support at 40.00-39.50 ahead of the next significant upside pivot reversal.
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Sunday, May 24, 2009
Junior Exploration Companies Prospective Project Generator / Commodities / Gold & Silver Stocks
As a general rule, the most successful man in life is the man who has the best information
Junior exploration companies raise money to acquire and explore a property while praying/hoping the first drill hole, or maybe the next one, is the big discovery everyone’s looking for. Without internally generated positive cash flow our juniors are money-eating machines constantly having to go to the market to raise capital through equity offerings. But for an investor the resulting share dilution to acquire and explore property after property, continually looking for that discovery, means your return on any such eventual find is diluted down with each financing.
Sunday, May 24, 2009
Gold Bullish Trend Boosted by Sharp Drop in the U.S. Dollar / Commodities / Gold & Silver 2009
The week started out on a sour note but ended up okay. Gold seems now to be more comfortable on the up side. The sharp drop in the U.S. dollar isn’t hurting any.
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Saturday, May 23, 2009
The Biggest Reason to Get Excited About Investing in Agriculture / Commodities / Agricultural Commodities
Chris Mayer writes: There is some mind-bending stuff percolating in the agricultural markets. In fact, the setting recalls the one that set off the big move in oil prices in recent years...Read full article... Read full article...
Saturday, May 23, 2009
Investors Where to Find Cover When Black Swans Swarm / Commodities / Gold & Silver 2009
By nature, Black Swans are rare and typically solitary. Defined two years ago by Nassim Nicholas Taleb in The Black Swan: The Impact of the Highly Improbable, Black Swans personify events that share three features: they come as a surprise, they have major impact, and they are later rationalized by hindsight as if they had been predictable. They aren’t necessarily bad and seldom appear in flocks, but as 321gold.com founder Bob Moriarty sees it, those darkening the horizon these days serve as harbingers of escalating chaos in financial markets. This particular breed isn’t exactly unpredictable—the automobile industry giants’ troubles are clear enough, for example—but it’s especially dangerous. What’s an investor to do? In this environment, Bob urges an ultra-conservative approach, and as in past interviews, he advises investing in tangibles (“preferably producing resource stocks”) after serious due diligence.
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Friday, May 22, 2009
Setting Up a Gold and Silver Coin Shop / Commodities / Gold & Silver 2009
Ellis Martin: I’m Ellis Martin, host of the Opportunity Show. Today again we’re featuring the Silver Guru himself, David Morgan. Mr. Morgan is recognized around the globe as an expert on silver, gold, and other precious metals. His Web site is silver-investor.com. David, thanks for joining us again today.
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Friday, May 22, 2009
Gold Price Reaches Bull /Bear Inflection Point / Commodities / Gold & Silver 2009
Monsieur Claude Trichet, the head of the European Central Bank has described the world economy as, at a “Point of Inflection”. The dictionary tells us this is when a curve changes from Concave to Convex. So as not to confuse you, the economy is about to or actually changing direction and is turning up.
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Friday, May 22, 2009
U.S. Dollar and Fiat Currencies War Against Gold / Commodities / Gold & Silver 2009
"The backdraft blows both ways. But repeated attempts to wean the world away from gold only served to send its price higher..."
A SCATTERING of random-looking dates to kick off...
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Friday, May 22, 2009
Gold Glitters Once Again, Big Inflation Coming / Commodities / Gold & Silver 2009
Gold is glittering more than ever.
All the fundamentals are in place for a big run in gold.
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Friday, May 22, 2009
U.S. Dollar’s Impact on Commodity Price Trends / Commodities / US Dollar
On any day that commodities prices move materially, the financial media is quick to ascribe their action to the US dollar. And this oft-discussed causal relationship is certainly logical. With commodities priced in dollars, a stronger dollar will buy more units of any given commodity while a weaker dollar buys less.
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Friday, May 22, 2009
Gold Stocks Haven't Even Begun to Soar / Commodities / Gold & Silver Stocks
Steve Sjuggerud writes: Yesterday, I spent an hour and a half with two of the most experienced gold investors on the planet...
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Friday, May 22, 2009
China and Commodities Profit Opportunities for the Quick and Bold / Commodities / Investing 2009
Sean Brodrick writes: For weeks now on UncommonWisdomDaily.com and on my blog, I’ve been talking about the new downleg in the U.S. dollar. This is bullish for commodities in general.
I’ve also been talking about how oil prices are running up even though we haven’t seen a return of U.S. demand AND how China’s economy seems to be recovering faster and even revving up.
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Friday, May 22, 2009
Golf and Investing: Tin Cup Lessons / Commodities / Gold & Silver 2009
Benjamin Graham was an economist, financial analyst, and professional value investor. He was one of the first to advise investors to look beyond the media hype and confusion to find undervalued stocks that would become part of a diversified portfolio.
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Friday, May 22, 2009
Gold Hits Two Month High as China and Brazil Dump the U.S. Dollar / Commodities / Gold & Silver 2009
THE PRICE OF WHOLESALE "spot" gold rose further for US-Dollar investors early in London on Friday, adding another $5 per ounce to its best AM Gold Fix since March 23rd at $952.50.
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Friday, May 22, 2009
Gold Wildly Bullish as Paradigm Shift Underway of Banking Power to Creditor Nations / Commodities / Gold & Silver 2009
Numerous events have taken place of global importance. Alone, each story seems of some significance. Together, they paint a mosaic of extreme change in a very dangerous sequence of events that fit together. The greater aggregate story is that a tremendous paradigm shift is underway, with early steps and major moves by global players in clear view. The Western analysts and pundits and mavens are missing it. A PARADIGM SHIFT HAS BEGUN, WITH BANKING POWER SHIFTING TO THE CREDITOR NATIONS AS THE USDOLLAR IS SUPPLANTED, MADE POSSIBLE BY SEVERAL NEW INSTITUTIONAL PILLARS AS WELL AS NEWLY FORGED ALLIANCES. The consequences are significant and will change the face of global banking and commerce.
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Thursday, May 21, 2009
Investor Energy Strategy as Crude Oil Prices Set to Soar / Commodities / Crude Oil
Keith Fitz-Gerald writes: The U.S. news media has convinced many investors that oil consumption is falling because of the global recession. While that may be true, it's a disservice to millions of investors because production is declining at a pace that's actually three times faster.
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Thursday, May 21, 2009
Upside Pivot Expected for Natural Gas ETF UNG / Commodities / Natural Gas
Never a dull moment in the U.S. Natural Fund ETF (NYSE: UNG), right? After watching this crazy market for several years, I still don’t seem to appreciate enough the wicked volatility natural gas is capable of exhibiting on a regular basis. Clearly, no resistance or support level is sacred in the UNG. Having said that, however, IF (and it is always a BIG if) the UNG started a new upleg at the April 30 low of 12.69 and ended the initial upmove of the upleg on May 12 at 17.73, then this deep pullback is a gift to would-be bulls.
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Thursday, May 21, 2009
Strong Silver Rally Within Overall Bear Market / Commodities / Gold & Silver 2009
Back in February I had a look at the gold-silver ratio and suggested silver was looking overbought in terms of the ratio using a 10 year chart. I reproduce that chart below to refresh memories.
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Thursday, May 21, 2009
Gold, Keeping it Simple / Commodities / Gold & Silver 2009
There can be little doubt that the US economy is in uncharted waters. The crash of 2008 and the US government’s response -- and the world’s response, for that matter -- were unprecedented, which means that many of the old rulebooks get thrown out the window.
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Thursday, May 21, 2009
Gold Benefits from Global Credit Ratings Crisis as UK Downgraded / Commodities / Gold & Silver 2009
THE PRICE OF GOLD in the wholesale spot market rose to new 7-week highs at the start of London dealing on Thursday, touching $944 an ounce before slipping back as the US Dollar bounced on the currency market, and crude oil fell together with world stock markets.
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