Weekly Fundamental Outlook for Energies and Metals

Commodity prices advanced across the board with Reuters/Jefferies CRB Index gained +2% last week. However, while precious metals and certain base metals continued to show strong upward momentum, rallies in other commodities began to lose steam. We believe it's because investors' risk appetite is dec... Today 1:41 PM EDT

James Passin: The Feedback Loop

Today's extraordinary loose monetary conditions are "benefiting hard assets," according to James Passin, co-founder and manager of Firebird Global Fund and Firebird Global Fund II. Surplus liquidity is flowing into ETFs that buy commodity futures and physical commodities, which James says, is "creat... Nov 20, 2009 4:12PM

FRIDAY MIDDAY WEATHER 11/20

he 12z FRIDAY operational GFS still shows a significant event developing for the eastern portions of the Upper Plains and Midwest 11/23-11/24. The GFS has done a flip flop... again... and now shows a colder pattern for the central and eastern US in the 1st week of DEC. Nov 20, 2009 4:04PM

Grain Report

The Thursday weekly export sales report put wheat sales last week at a weak 362,000 metric tons, down 12% from the week prior and 13% below our four-week average. Slow demand comes as record-ending stocks keep importers buying hand-to-mouth as needed and last week's rally in-priced of $0.40. After... Nov 20, 2009 3:59PM

Today's Comex Gold Settled $4.90 Cents Higher...($1146.80)

Despite a stronger U.S Dollar today the Gold traders made a late session push and closing over my 1st Resistance level. I believe this is simple speculation that the U.S Dollar will fall back. Globex continued to rally after the (Comex) day session closed. Remember the all-time high is recorded from... Nov 20, 2009 3:55PM

Crude Oil sells off with strong dollar and weak equities

Crude futures have slipped back below our 1st tier downtrend and uptrend lines in reaction to broad-based strength of the Dollar. This week's wave of negatively mixed econ data appears to be taking its toll on riskier investment vehicles, leading investors towards the Dollar and away from crude and ... Nov 20, 2009 1:13PM

Gold consolidates around $1140/oz with broad-based Dollar strength

Gold is finally experiencing a period of consolidation following its incessant rise to $1150/oz. Gold is consolidating around the $1140/oz level, right along our 3rd tier uptrend lien while setting lower highs in the process. Gold's weakness comes in reaction to pullbacks in the EUR/USD, AUD/USD, an... Nov 20, 2009 1:06PM

Are You A Gullible Gold Investor?

With the price of gold over $1,150 an ounce and rising, enthusiasm for gold stocks has become pretty intense. And given that Canada is home to a large number of gold mining companies, many of them could actually go bust before an oblivious and uninformed investor manages to get his money out. Are yo... Nov 20, 2009 10:43AM

Curb Your Capital(ism)

A more robust gain in the US dollar overnight (rising 0.56 on the index, to 75.82) drew additional sales from gold holders and dented values in crude oil as well as other precious and base metals. The US currency gained ground following cautionary words on the state of economic recovery by ECB Presi... Nov 20, 2009 10:30AM