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Stocks, Commodities Fall After China Bank Move On Wednesday January 13, 2010, 12:54 am By Umesh Desai HONG KONG (Reuters) - Stocks and commodities fell in Asia on Wednesday after China's surprise hike of banks' reserve requirements sparked investor concerns that the move could slow China's purchases of natural resources and other imported goods from Asia. High-yielding currencies such as the Australian dollar weakened after the move by the People's Bank of China late on Tuesday, which was the strongest step to date by the central bank toward reining in asset price inflation. Most markets recovered after an initial fall...

John Kilduff: Oil To $100 In The Next Six Months Graham Winfrey Jan. 12, 2010, 1:45 PM Last week, we reported that former CIBC World Markets Inc. chief economist, Jeff Rubin had predicted the price of oil to reach $100 by the end of 2010. On Monday, CNBC contributor John Kilduff sliced Rubin's prediction in half, claiming that oil will hit $100 a barrel in the next six months, thanks in part to a humming Chinese economy, Business And Media reports. When Kudlow asked whether the U.S. should look to windmills in the Nantucket sound to provide a new power...

Why You Should Care About DJIA Priced In Gold Commodities / Stock Markets 2010 Jan 09, 2010 - 08:34 AM By: EWI "The Real Dow" has proven to be a good leading indicator for nominal DJIA. Vaid Pokhlebkin writes: The following article is provided courtesy of Elliott Wave International (EWI). For more insights that challenge conventional financial wisdom, download EWI’s free 118-page Independent Investor eBook. Of the many forward looking market indicators we at EWI employ, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold -- "the real money," as...

The Price Of Construction Materials Is About To Soar Commodities / Investing 2010 Jan 08, 2010 - 01:46 AM By: DailyWealth Tom Dyson writes: If you want to know what's going on in the economy, you need to watch the price of lumber... Housing is the most important asset class in America. When house prices fall, banks fail, consumers cut back, unemployment rises, and the economy collapses. But when house prices are strong, the economy rebounds. In other words, the U.S. real estate market is the main pivot in the whole economic mess we're in right now. If you can...

Inflationary Commodity Super Cycle Bull Market Ready To Rumble In 2010 Commodities / Investing 2010 Jan 07, 2010 - 12:21 AM By: Gary Dorsch The colossal V-shaped recovery of the global stock markets in 2009 was indeed, the most remarkable feat, ever engineered by the “Plunge Protection Team,” (PPT). Step by step, the Federal Reserve, the US Treasury, and its key allies in the “Group-of-20” nations,rescued the world’s top financiers from their own greedy mistakes. The staggering size of the G-20’s rescue package, totaling about $12-trillion, was equal to a fifth of the entire world’s annual economic output. The G-20...

India 2009 Gold Imports 300-350 Tons - Trade Body Mon Jan 4, 2010 8:23am NEW DELHI, Jan 4 (Reuters) - India imported 300-350 tonnes of gold in 2009, higher that the previous estimate of a little over 200 tonnes, the head of the Bombay Bullion Association said on Monday. Suresh Hundia said the trade body had also revised its estimate of imports in 2008 to 439 tonnes from 420 tonnes. "Figures of export houses had to be revised ... Data for eight months had to be revised," he said.[snip]

How Rising Oil Prices Will Force U.S. Into A Post-Industrial Wasteland James Kunstler Jan. 4, 2010, 5:12 PM It's the first business day of the new year and oil is trading above $80 a barrel, which means the price has re-entered the danger zone where it can crush industrial economies. This is a central element of the predicament we find ourselves in. The US economy is essentially a Happy Motoring economy. During the whole nervous period since the collapse of Lehman Brothers, American gasoline consumption hardly went down at all, though so many other activities collapsed, from house-building to trucking....

Gold Jumps As Fed Comments Hit Structurally Weak Dollar Commodities / Gold and Silver 2010 Jan 04, 2010 - 11:17 AM By: Adrian Ash THE PRICE OF WHOLESALE GOLD jumped higher in Asia and early London dealing on Monday, kick-starting 2010 with a 1.8% gain to hit two-week highs as world stock markets rose together with base metal and energy prices. Government bonds fell, as did the US Dollar – down to $1.44 per Euro by mid-afternoon in Frankfurt. The Bank of England meantime reported a sharp decline in Britain's money-supply growth. Investor sentiment across the Eurozone rose to its...

HOUSTON — A combination of frigid weather, expectations of an improving economy and new tensions between Russia and Belarus catapulted crude oil prices above $81 a barrel on Monday. Oil settled at $81.51 a barrel, up $2.15 in New York trading. But most energy analysts said it was too soon to predict that prices would go much higher or even remain at current levels. Energy markets are beginning the year with a string of reports that could help push prices higher. Traders took reports of increased manufacturing activity and passenger car sales in December as signs that the economy was...

Gold And Double Dip Recession Commodities / Gold and Silver 2010 Jan 03, 2010 - 02:52 AM By: Andrew Abraham Countless investors fear a double-dip recession. It is quite possible that a second drop of economic activity during 2010 will occur. It is also quite possible that the supportive actions of governments will run out. Even the central banks are not a bottomless pit ( as long at they have enought paper to print more money). The fact is that the central banks are trying to be very cautious in not increasing the rates too soon. However anyone with any...

Why Gold Will Be The “Greatest Trade Ever” Commodities / Gold and Silver 2010 Dec 28, 2009 - 09:48 AM By: Money_Morning Peter Krauth writes: Forget about all the forecasts being made for 2010. Here's my prediction for 2015: An entirely new name - John A. Paulson - will grace the coveted top of the annual Forbes billionaires list. And the gap between Paulson and the runner-up billionaire will be huge. Everyone knows that Bill Gates and Warren Buffet are America's - and the world's - two richest men. But the financial crisis of 2008 and 2009 was not kind...

Global Food Crisis 2010 Means Financial Armageddon Commodities / Food Crisis Dec 25, 2009 - 04:12 PM By: Eric deCarbonnel If you read any economic, financial, or political analysis for 2010 that doesn’t mention the food shortage looming next year, throw it in the trash, as it is worthless. There is overwhelming, undeniable evidence that the world will run out of food next year. When this happens, the resulting triple digit food inflation will lead panicking central banks around the world to dump their foreign reserves to appreciate their currencies and lower the cost of food imports, causing the collapse...

Prepared For An Exceptional Correction By Bill Bonner 12/22/09 Paris, France – The price of gold fell $15 yesterday, to close below $1,100. We expected a correction in the gold market. But we thought it would come along with a correction in the stock market. Stocks rose 85 points on the Dow yesterday. We take this as a warning: something is going on that we don’t understand. That said, there’s a lot going on that we don’t understand. But the broad patterns generally make sense. Boom was followed by bust. As dear readers know, the force of a correction is...

The Baltic Dry Index Is Collapsing Vincent FernandoDec. 21, 2009, 1:06 PM Dry bulk vessel over-supply is finally taking its toll, the Baltic Dry Index (BDI) has gone into a nosedive as shown below. US-listed dry bulk stocks such as DryShips (DRYS) and Eagle Bulk (EGLE) have been drifting lower. While the current index level is still equivalent to historically strong rates, continued strength in 2010 is entirely predicated on continued growth of Chinese dry bulk raw material imports. While November iron ore imports were encouraging and 2009 was a year of surprising strength, with China it could all disappear...

Why Stresses To The Global Economy Will Push Oil To $40 Euan MearnsDec. 18, 2009, 6:31 AM(This guest post was originally published by Euan Mearns at The Oil Drum. This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.) Figure 1 Oil supply - demand - price chart, Jan. 2002 to Nov. 2009. See text for explanation. Click to enlarge and open in separate browser window. In February this year, global oil production / demand hit an interim low of 84.0 million barrels per day (mmbpd) and the average price of West Texas Intermediate (WTI) that...

Crude Oil Headed Lower? Commodities / Crude Oil Dec 17, 2009 - 09:47 AM By: INO The crude oil market continues to soften and is now close to some important levels that I think we should look at. In my new video we look at what is happening in this market right now and what we expect to happen in the future. As we have indicated in our earlier posts, we are now in the official “silly season” for trading. What I mean by that is the markets will be very thin, choppy and can be moved by a relatively...

Agri-Food's And The Global Warming Research Dollars Ponzi Scam Commodities / Agricultural Commodities Dec 14, 2009 - 03:34 PM By: Ned_W_Schmidt The Global Warming Scam may finally be on its way to well-deserved oblivion. Take your pick of discrediting events, the snow storms that hit the Midwestern U.S., snow at the start of the Australian Summer, -40 degree temps in Western Canada, or Climategate. The Global Warming Scam appears now to have been nothing more than a giant research dollar Ponzi-like scheme. Researchers would take research dollars, cook some numbers, discard other data, and exchange dubious research for more funding...

Sell Your Gold Only IF You Want To Lose Money! Commodities / Gold & Silver 2009 Dec 12, 2009 - 12:14 PM By: Sean_Brodrick Something about gold just makes people irrational. The latest meme making the rounds in the mainstream media is that gold is a bad investment over the longer term. A couple of radio hosts asked me about it, and even Bloomberg ran a story on this earlier this week, saying that gold can’t beat the returns on a checking account over the last 30 years. The rest of the story was about while hedge fund managers are...

Gold To Be Supported By Investment, Central Bank And Chinese New Year Demand Commodities / Gold & Silver 2009 Dec 08, 2009 - 04:57 AM By: GoldCore Gold recovered some of yesterday's pullback and went as high as $1,164 overnight. Gold is currently trading at $1,162/oz and in euro and GBP terms, gold is trading at €783/oz and £710/oz respectively. The short term trend remains down and this should continue until we get a few higher daily closes or another higher weekly close. However, there is much investment and central bank demand waiting in the wings to buy on any...

Stock Market , Gold, Commodities And Economic Forecasts For 2010 Stock-Markets / Forecasts & Technical Analysis Dec 07, 2009 - 08:33 AM By: Martin_D_Weiss Martin Weiss: Two recent mega-events — the Wall Street collapse in 2008 and the Washington response in 2009 … the debt implosion and then the money printing explosion — are mind-boggling in their dimensions. Neither you nor I can know with certainty what the future will bring. But at this particular juncture, we don’t have to poke around in hidden crevices of the economy. Nor must we stretch our imagination to conjure this or that scenario....