1
 

Commodities Analysis & Opinion

Contribute
Oil And Gold Analysis: Bullion Jumps 5.5 Percent Over The Last Four Days
By 
 - Jul 15, 2013

CLCrude oil headed for a third weekly increase, its longest run of gains since May. The commodity climbed as much as 0.9 percent in New York, and is on course for a 2.3 percent advance this week. A ...

 
Gold, China Data And Bernanke’s Words
By 
 - Jul 15, 2013

Gold had a strong week last week, up by over 5%, its biggest weekly advance in nearly 2 years. This was despite the gold price falling back slightly on Friday. Silver gained 5.8%, its biggest weekly ...

 
Fade This Gold Rally, It's Just A Dead Cat Bounce
By 
 - Jul 15, 2013
   |    3

Gold prices have enjoyed a welcome bounce from $1200 to $1280 recently, which has some perma-bulls bringing out the famous “this is the bottom” LP yet again, a record which has been played so many ...

 
Commodities Report: Gold Prices Consolidating, WTI Trades Higher
By 
 - Jul 15, 2013

GOLD prices have consolidated last week after having tested support at $1,180. The metal opens the week at $1,285. We had suggested that gold would find support at around the $1,180 level as this is ...

 
MCX Zinc May Remain Positive On Strong Fundamentals
By 
 - Jul 15, 2013

MCX Zinc price has not added to the gains made in the earlier week rallying to a four-week high above Rs.113.50 level, closing flat for the period. The price currently looks bullish, holding above its...

 
Ferrous, Non-Ferrous And Scrap Price Outlook: Not So Hot?
By 
 - Jul 15, 2013

In the wake of recent news that eight of MetalMiner’s 10 monthly metal price indexes dropped to all-time-lows, we thought we’d reflect on what our friend Bob Garino of Export Tax Advisors,...

 
Carpenter Technology Corp Mines Steel Dynamics For New Senior VP
By 
 - Jul 15, 2013

Carpenter recently rounded up a new senior veep to oversee a quarter of the specialty alloy company’s revenue. Via a press release reprinted in the Fort Mill Times: “Carpenter Technology ...

 
Rio Tinto Sells Trimet Aluminum Some Plants, LME Prices Rise
By 
 - Jul 15, 2013

Rio Tinto Plc is on its way to shedding some unprofitable investments. Via RTT News: “Mining giant Rio Tinto plc (RIO: Quote,RIO.L, RTNTF, RTPPF) said Saturday that it has received a binding ...

 
Silver Prices Rise In The U.S., Gold Price Up Too On Daily Index
By 
 - Jul 15, 2013

U.S. silver saw a 3.5 percent increase on Friday, July 12, making it the biggest upwards shift of the day. The price of Indian silver, following a couple days of improvement, fell by 0.6 percent. ...

 
Gold Moves Higher On Speculative Demand
By 
 - Jul 15, 2013
   |    1

Gold recorded the biggest weekly gain since October 2011, thanks to Ben Bernanke’s speech on Wednesday following the release of FOMC Meeting Minutes, telling markets that QE3 will be here to stay for ...

 
Gold: Is The Bear Market Over?
By 
 - Jul 15, 2013

Last week on StockTwits I posted the top chart above. I have been following Gold rather closely as I am sure many of you have been too. So I figured I would throw out some observations. In the top ...

 
XAU/USD Spot Gold: Held Support At 1273/71
By 
 - Jul 15, 2013

Spot Gold tested and held support at 1273/71 for a bounce as predicted as we held above the stop level of 1267. We managed a recovery towards resistance at 1299/1302, topping so far at 1295. This area...

 
Gasoil: Held 906
By 
 - Jul 15, 2013

Gasoil for August held 906 but we may not make it as far as the 200 day moving average at 922/923 again. We are overbought on the daily chart but if we do see this level it may be wise to exit longs ...

 
Brent Crude: A Top To The Rally?
By 
 - Jul 15, 2013

Brent Crude surprised with a break above 108.93 to 109.14. Friday’s price action negated the negative action on Thursday so a break above 109.20 today opens the door to 109.90/00. If we continue...

 
Nymex WTI Light Crude: An End To The Bull Run
By 
 - Jul 15, 2013

WTI Crude Aug had a big reversal on Thursday which should indicate an end to the bull run at this stage. We did see a bounce on Friday as expected to present a selling opportunity up to 106.65/85 and ...

 
RBOB Gasoline: Buying Opportunity?
By 
 - Jul 15, 2013

RBOB Gasoline shot higher again reaching the target of 310/311 but continued a lot further to 314.55. This is a 78.6% recovery plus the high for April. We have opened lower today and could test ...

 
Natural Gas: Topped At 3.690/701
By 
 - Jul 15, 2013

Natural Gas held Thursdays range and topped exactly at 3.690/701, which was our selling opportunity for the day.Immediate support is 3.634 but below here risks a slide to 3.577/573. A break below ...