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By Adam Hamilton |
April 20, 2012
Commodities have been sinking like stones since late February, an unusual divergence from the rallying stock markets. This relentless weakness has wreaked havoc on commodities sentiment, leading traders to abandon commodities stocks.
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By Jon Nadler |
March 30, 2012
Spot dealings opened with a bid-side quoted at $1,667 in gold and at $32.50 in silver. While there is still scope for attempts at taking out overhead resistance near $1,680 and $1,704 in gold (with a possible $1,730 end-target) the going has been anything but smooth.
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By Justin Smyth |
February 21, 2012
The market has had an impressive run since the start of the year, but one sector that has lagged is the commodities sector. Unlike general stocks, commodities are still quite a ways away from their 2011 highs. But a number of factors are starting to show the tide potentially...
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By Jordan Roy-Byrne, CMT |
January 31, 2012
The junior sector had a very difficult year in 2011 but has led the recent recovery (at least statistically) in the precious metals sector. Two of our favorite exchange traded funds, GDXJ and ZJG.to are up 30% and 25% respectively.
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By Jon Nadler |
December 21, 2011
New York spot metals dealings opened mixed for the midweek session this morning. Gold was down by $3 to start at the $1,612 mark on the bid-side, while silver was off by 16 cents at the $29.40 level.
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By Adam Hamilton |
December 19, 2011
The long-in-the-tooth commodities correction plunged to new lows this week. Traders were disappointed the Fed didn't announce a new quantitative-easing campaign, so they dumped the popular commodities with a vengeance.
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By Scott Wright |
December 2, 2011
Unlike oil, natural gas is now abundant relative to demand thanks to what's been found in large shale reservoirs underlying the surface. And gas's radically-changing fundamentals have put downside pressure on its price.
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By Adam Hamilton |
October 7, 2011
As a battle-hardened contrarian forged by decades of trading, I relish oversold markets. They spawn some of the best entry prices ever seen, the ideal time to buy low. The word "oversold" simply means a price has fallen too far too fast to be sustainable.
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By Chris Martenson |
September 8, 2011
Commodities have a long and storied history of boom/bust/boom, with supply and demand alternately racing past each other as the lag times for developing new supply assure too much at some point and too little at others.
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By Justin Smyth |
August 26, 2011
Since much of the stock market has potentially started a longer term transition into a bear market, prudence and caution are the name of the game. If leadership sectors, such as gold, commodities, and specific stocks, turn lower, the bear is in control.