Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, December 01, 2008
Gold Holding above Important $800 Support Level / Commodities / Gold & Silver
By: Mark_OByrne
In thin holiday trading, gold rose 1% on Friday closing above the important $800/oz mark for a gain of 3.1% for the week – its third week in a row of gains. It was up 14% for the month of November which was its largest monthly gain in more than 9 years.Read full article... Read full article...
Sunday, November 30, 2008
Gold Breakout, Re-run of September Price Action? / Commodities / Gold & Silver
By: Merv_Burak
Is this September all over again, a sharp couple day rally and then a more casual topping out and decline? This time the rally didn't even come close to the 200 day moving average line which has now turned to the down side. But who knows, maybe this time it's different.
GOLD : LONG TERM As mentioned last week the long term P&F chart, although showing a valid upside (bullish) break-out, is still a weak break and projects only to the top of the Sept-Oct highs. That does not make for a strong long term reversal. Other than an extra X during the latest move the P&F remains as it was last week.
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Sunday, November 30, 2008
Precious Metals Scene In Europe / Commodities / Gold & Silver
By: David_Morgan
During my recent trip to Europe we visited four main cities: London, Paris, Zurich, and Munich. My impression of each location varied, in relation to the current global economic climate and how the precious metals are behaving. Read full article... Read full article...
Saturday, November 29, 2008
Gold Solid Bull Market Uptrend in 2009 / Commodities / Gold & Silver
By: Julian_DW_Phillips
Money authorities around the world will not stop stimulating economies, printing money and doing whatever it takes until growth and confidence are restored to the bright days prior to July 2009. And this will be done even if the cost is high inflation, for better inflation than savage deflation! Read full article... Read full article...
Friday, November 28, 2008
Commodities and Stock Markets Positive Signs / Commodities / Resources Investing
By: Aden_Forecast
It's been one major blow after another on the market and economic front. But the historical election excitement provided a welcome distraction during these uncertain times.Read full article... Read full article...
Friday, November 28, 2008
Junior Mining Resource Stocks in Hell / Commodities / Metals & Mining
By: Zeal_LLC
Junior resources stocks reside in a realm that has long been considered the Wild West of the equity markets. And investors who speculate on the junior circuit are the consummate gamblers. Risks and rewards are realized in extreme fashion as juniors can either make you rich or rob you blind.
The allure of juniors will always captivate investors. It's exciting to own a portion of a company that is in effect a modern day treasure hunter. Whether it is searching for precious metals or petroleum, if a junior scores a find the owners of the company will be greatly rewarded. Speculating in juniors allows desk jockeys to become prospectors.
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Friday, November 28, 2008
Gold Near Record Price Rise on Deflation Scare / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD continued to hold steady early Friday in London, nearing its fourth weekly gain in succession vs. the Dollar and standing more than 11% higher from the start of November.Read full article... Read full article...
Friday, November 28, 2008
Gold Demand Dynamics Change due to Growing Geopolitical Instability / Commodities / Gold & Silver
By: Mark_OByrne
Gold and silver were flat yesterday and have remained unchanged in Asian and early European trading. Gold is set for a fourth straight week of gains on safe haven demand and on the likelihood of further dollar declines with further reductions in U.S. and international interest rates and further quantitative easing next month.Read full article... Read full article...
Thursday, November 27, 2008
Gold Holds Flat as Stock Markets Rise / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD held flat for US and European buyers early Thursday, recording an AM Fix in London of $813.50 an ounce while world stock markets rose, even as terrorist attacks targeting US and British citizens in Mumbai closed India's stock and commodity exchanges.
US markets will remain closed today for Thanksgiving after gaining 3.5% on Wednesday.
Thursday, November 27, 2008
Gold Heading for $2000 in 2009 / Commodities / Gold & Silver
By: Mark_OByrne
Both gold and silver fell slightly yesterday as the dollar and stock markets rallied on renewed increasing risk appetite. Euro gold and British pound gold remained near record highs of €628 and £532.
Gold has traded sideways in Asian and early European trading despite the horrendous terrorist attacks in India. Unfortunately, they show that the world remains very unstable and that geopolitical risk remains ever present.
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Thursday, November 27, 2008
Silver Production Falls by 70%? / Commodities / Gold & Silver
By: David_Morgan
This headline should grab anyone's attention, especially those interested in the silver market. Before going forward, let me explain that fully 70% of silver is produced as a result of mining other metals, mostly base metals. Copper mining, for example, is responsible for 28% of the silver mined in 2007. Lead/Zinc mining yielded 32% of the silver mined in 2007. Finally, gold mining brought about 10% of the silver mined, again in 2007. All data is from GFMS World Silver Survey 2008, page 31. Read full article... Read full article...
Wednesday, November 26, 2008
Financial Mayhem to Fuel Gold’s Next Surge? / Commodities / Gold & Silver
By: Money_and_Markets
Last week, I wrote about how our oil-rich friends in the Middle East are buying gold hand over fist. It turns out they're not the only ones. The latest figures from the World Gold Council show a frenzy of activity in the most recent quarter.
And gold ended last week with a bullish move to the upside that set off “buy” alarm bells for technical traders around the world.
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Wednesday, November 26, 2008
Natural Gas Makes Significant Intermediate Term Bottom / Commodities / Natural Gas
By: Mike_Paulenoff
Could it be? That today's action in the US Natural Gas Fund ETF (AMEX: UNG) represents another coordinate low within a series of lows that will comprise a significant intermediate-term bottom? So far, that is exactly what appears to be unfolding. On a daily chart (not shown), today's upmove has the makings of a key upside reversal day, the first such very positive technical indication on a daily chart basis since the bottoming action started on November 14. Nonetheless, to REALLY get anything going on the upside, the price structure must hurdle and sustain above 28.60/80 resistance, which should trigger upside follow-through towards my next optimal target of 30.50-31.00. Read full article... Read full article...
Wednesday, November 26, 2008
Gold Strong Bull Market in Pounds and Euro / Commodities / Gold & Silver
By: Mark_OByrne
Gold was largely unchanged yesterday after rallying to as high as $830 and has traded sideways in Asian and early European trading.
Open interest levels in gold and silver on the COMEX have fallen to extremely low levels showing that nearly all the speculative froth has been liquidated and remaining longs are "strong hands". The gold open interest fell a very sharp 5533 contracts to 282,978 which is a new low and low levels such as these usually portend lows in the gold price and subsequent rallies.
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Wednesday, November 26, 2008
Gold Trades Cautiously Whilst Physical Demand Outstrips Supply / Commodities / Gold & Silver
By: Adrian_Ash
SPOT PRICES FOR WHOLESALE GOLD held steady in Asian and early London trade on Wednesday, moving between $811 and $815 an ounce as world stock markets gave back one-fifth of this week's rally to date.Read full article... Read full article...
Wednesday, November 26, 2008
Gold Price Set to Explode Higher on Surging Monetary Inflation / Commodities / Gold & Silver
By: Jim_Willie_CB
The OMEN for a powerful shift in the gold market in my playful mind was the very real earthquake on November 18 here in Costa Rica, a clear signal from the financial gods, no minor tremor, measured at 6.0 on the Richter scale. The tremor confirmed the tectonic shifts to come to the gold market without question. This was the biggest earthquake in my life, no damage at all though, roof and toys intact. Numerous stories testify in aggregate to a severe tightening of the physical market, certain to put pressure on the corrupt paper market managed by the COMEX and its parent NYMEX. Read full article... Read full article...
Tuesday, November 25, 2008
Gold Price Bullish Tendency Over Thanksgiving Holiday / Commodities / Gold & Silver
By: Tim_Iacono
For years now, the Thanksgiving holiday in the U.S. has been a very favorable two-day period for the gold price as shown below - this year is not likely to be an exception.Read full article... Read full article...
Tuesday, November 25, 2008
Beryllium May Be New Kid on the Nuclear Block / Commodities / Metals & Mining
By: The_Gold_Report
The potential of beryllium oxide as a better, safer, more efficient and longer lasting alternative to conventional nuclear fuels in an era that is likely to witness a renaissance in nuclear plant activity is one factor that may spike demand for what Denis Brady calls “the wonder element” in the not-too-distant future. Industrial requirements in emerging markets such as China and India are another. In this exclusive interview with The Gold Report, Denis—who sold his beryllium metalworking and specialty alloy processing company to International Beryllium because he shares its vision for growth across the mine-to-market value chain—discusses hot prospects for this unusual material, which is simultaneously stiff and light, nonmagnetic and transparent to x-rays, with a modulus of elasticity almost 50% greater than steel, with only one-fourth the weight and an extremely high melting point of 2349°F. Read full article... Read full article...
Tuesday, November 25, 2008
Investors Dump U.S. Dollars and Fiat Currencies For Gold / Commodities / Gold & Silver
By: Ned_W_Schmidt
The superiority of returns on Gold to investors over the miserable returns on paper equities would seem at some point to become an embarrassment to the purveyors of Stock Certificates of Negative Return. While US$Gold is down from the high, so many other investors, living in other currencies, around the world have witnessed their Gold trading at all time highs. And now the message of financial salvation is spreading further. Stories of shortages of Gold coins are now widespread. Public participation in a market is sign of Wave V, which now may be unfolding.Read full article... Read full article...
Tuesday, November 25, 2008
Gold Safehaven Buying as Governments Throw Money at Failing Economies / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF PHYSICAL GOLD slid almost 2% early in London on Tuesday, recording an AM Fix of $802.50 per ounce before bouncing sharply and moving back above £540 and €635 for British and Eurozone investors respectively.
Crude oil dropped 4% to $52.30 per barrel, while 10-year US Treasury bond yields reversed yesterday's rally to stand back at 3.23%.
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