Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, October 03, 2008
Central Bank Gold Sales Coming to an End? / Commodities / Gold & Silver
In the week ending 26th September 2008, the final week of the fourth year of the Central Bank Gold Agreement, two Eurosystem central banks sold less than 1 tonne of gold to complete the fourth year's sales. This makes a total for the year at around 345.5 tonnes of gold sold by the signatories.Read full article... Read full article...
Friday, October 03, 2008
Commodities ETFs and ETNs XLY, XLP, XLE, XLF, XLV, XLI, XLB, XLK, XLU / Commodities / Exchange Traded Funds
In December 1998 the Select Sector SPDRs were born. And this proved to be a groundbreaking and historic event that has forever altered the way people invest in the stock markets. These nine exchange-traded funds (ETFs) are a core group of ETFs that allow investors to customize their portfolios with focus on individual sectors that collectively make up the S&P 500.Read full article... Read full article...
Friday, October 03, 2008
Gold Falls with Euro, Stock Markets, Crude Oil & US Jobs / Commodities / Gold & Silver
SPOT GOLD PRICES fell hard into the Wall Street opening on Friday, losing 2% to reach a new two-week low of $824 an ounce as Asian stock markets closed sharply lower.European shares reversed earlier gains. Crude oil slid back to $94 per barrel.
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Friday, October 03, 2008
Gold Sharp Fall Despite Surging Investor Demand Blamed on Short-sellers / Commodities / Gold & Silver
Gold fell sharply yesterday on lower oil prices and the recently surging dollar, despite unprecedented physical demand for coins and bars in the UK, US and internationally ( gold closed at $840.40 down $40.20 while silver closed at $11.57 down $1.04 ).As warned yesterday, anything is possible in the short term in these markets and leveraged trading in futures, CFDs and spread betting is an extremely high risk endeavour in the current markets and not advisable.
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Thursday, October 02, 2008
Resolve the Credit Crisis by Recapitalising the Banks with Gold / Commodities / Gold & Silver
Privatising profits, socializing losses (The Gold Standard Strikes Back... Part 2)
The 0.7 trillion dollar bailout plan of Treasury Secretary Paulson must be seen for what it is: a scheme to privatize profits while socializing losses. The scare tactics with which he was trying to railroad it through Congress has failed and the world is better for it. The malady has to be diagnosed properly. I summarize the popular diagnosis in five points.
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Thursday, October 02, 2008
Gold Awaits US Bail-Out Final Approval / Commodities / Gold & Silver
THE PRICE OF GOLD sank 2.1% Thursday morning in London, dropping to a two-week low near $850 an ounce – the very peak of gold's last bull in Jan. 1980.
Asian stock markets closed the day lower, while European shares gave back an early rally despite the overnight vote in Washington supporting the $700 billion bail-out for banks.
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Thursday, October 02, 2008
Central Banks Starting to Buy Gold? / Commodities / Gold & Silver
Gold rose yesterday despite continuing dollar strength and falling oil prices ( gold closed at $880.80 up $6.80 while s ilver closed at $12.71 up 53 cents ). Once again in after hours trading there was determined selli ng which pushed the price as low as $862/oz in Asia prior to rallying in early European trade to over $870 /oz.Read full article... Read full article...
Thursday, October 02, 2008
How to Ride the Coming Precious Metals Rally / Commodities / Gold & Silver
Sean Brodrick writes: Global markets are whipsawing right now as the Federal Government tries to put out a fire in the credit markets with a flood of liquidity. But the rescue plan is failing. As a result, credit markets are spiraling into a deep freeze, threatening to destabilize the U.S. dollar.
Investors are running for cover ... because it sure beats jumping out the windows. Cash is good, to be sure. But if you're looking for your own golden parachute, consider my favorite yellow metal.
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Wednesday, October 01, 2008
Crude Oil Rally Fails / Commodities / Crude Oil
Crude oil prices are down about 7% from the intraday high and point towards a retest of the September lows at 93.36 and 90.50 next. Let's notice that yesterday's rally and today's initial attempt at extending yesterday's rally failed right at the sharply declining 20 DMA, which also represents the mid-point of the (width) of the declining Bollinger Bands. This is classic action: in a bull market, pullbacks find support at the rising 200 DMA, while in a bear market rallies fail and reverse to the downside from the declining 20 Day -- as is the case right now. I expect oil prices to plunge through the September lows on the way $80 next. Lower oil equates to a downside target of 70.00 in the US Oil Fund ETF (AMEX: USO).Read full article... Read full article...
Wednesday, October 01, 2008
Financial Panic Sees Socialists Fighting to Save Capitalism / Commodities / Gold & Silver
THE PRICE OF SPOT GOLD bounced 1.6% from an overnight low of $860 on Wednesday, steadying at $876 an ounce as Western stock markets ticked higher despite a raft of miserable Eurozone data.Crude oil rose back above $100 per barrel, while long-dated government bonds continued to rise in price, pushing yields still further below the rate of inflation.
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Wednesday, October 01, 2008
$700 Billion Banking Bailout Will Drive Crude Oil to $250 / Commodities / Crude Oil
Keith Fitz-Gerald writes: I've been predicting record oil prices for a number of years now, so when crude oil prices recently plunged from their record highs, I warned investors and consumers that the decline was nothing more than a temporary respite.
But now it's clear that the fallout from the $700 billion banking bailout pact will virtually guarantee that my prediction will come true.
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Wednesday, October 01, 2008
Greenspan: Gold is "the Ultimate Form of Payment in the World" due to "Fiat Money in Extremis" / Commodities / Gold & Silver
Gold fell yesterday as the dollar rallied ( gold closed at $874.00 down $14.4 0 while silver closed at $12.18 down 75 cents ). In after hours trading there was determined selling which pushed the price as low as $860 prior to rallying above the New York close and as high as over $883/oz.Read full article... Read full article...
Wednesday, October 01, 2008
Will Commodities Recover from the Credit Crisis? / Commodities / Credit Crisis 2008
“Money is the lifeblood of the economy.” This famous saying is easy enough to remember, yet how much easier is it to forget it when asset prices are pushed to unreasonable extremities. Consumers and investors alike are now being reminded of the veracity of this statement in a big way as the money panic rages on.
The term “credit crisis” can actually be broken down into two separate yet related categories. On the one hand the credit problem is a crisis in confidence. Confidence, after all, is the baseline requirement of any banking system. This is especially true for one as vast and reticular as the U.S. financial system. When confidence is lacking among participants in any credit-based financial system, money will become scarce and if the fear continues long enough, the wheels of commerce will grind to a halt.
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Wednesday, October 01, 2008
Louis James: 'Screaming Buys' Among the Quality Gold Juniors / Commodities / Gold & Silver Stocks
The big downhill slide in the junior sector has a real plus side for investors—a bounty of incredible bargains. In this exclusive interview with The Gold Report, Louis James, Senior Editor of Doug Casey's International Speculator, gives us the names of some of his top picks and explains why their prospects are so bright. Read Part I of The Gold Report interview with Louis James, "I'm buying all the bullion I can" , where he describes the currency crisis of historic proportions that is dragging our economy down.Read full article... Read full article...
Wednesday, October 01, 2008
Agri-Foods Mega-trend Gearing Up from Next Bullish Cycle / Commodities / Agricultural Commodities
One lesson of last nine years is that listening to Wall Street strategists is harmful to your future wealth. Doing just the opposite of daily hype of the business media is a good way to enhance your future wealth. Many Street strategists missed, for example, the rally in Gold while the stock market has produced really dismal returns. Now again they are attempting to mislead investors. Collapsing Wall Street firms really have very little to do with what happens in the world. Instead, the bail out plan simply diverts capital to more non productive investments.Read full article... Read full article...
Tuesday, September 30, 2008
Gold: Artificial Interference or Market Forces? / Commodities / Gold & Silver
Note the gap which manifested this morningRead full article... Read full article...
Tuesday, September 30, 2008
Financial Crisis Worst Case Scenario- How Should I own Gold? / Commodities / Gold & Silver
Editor's Note: This article is written to address “worst-case” scenarios that should be considered as part of a comprehensive strategic wealth management plan. The author does not anticipate or predict that any such scenarios would or will materialize. However, planning for the worst while hoping for the best has always been excellent advice in both personal and business strategy and prudent planning may secure options for those who have planned appropriately. While reading, bear in mind that the probability of a worst-case scenario developing is always greater than zero and there are times when such a probability is considerably higher. Current events would appear to be raising the likelihood of financial and societal problems more severe than have been experienced in several generations.Read full article... Read full article...
Tuesday, September 30, 2008
Louis James "I am Buying All the Gold Bullion I Can" / Commodities / Gold & Silver
In this exclusive interview with The Gold Report, Louis James, Senior Editor of Doug Casey's International Speculator, describes a currency crisis of historic proportions that is dragging our economy down a dark and treacherous path lit only by the shining star of gold. James expects twists and turns in the precious metals sector and maintains his focus on the long-term bull trend. What stuns him, though, is the fact that Americans aren't "shouting in the streets" in panic now that the dollar is on death row with no pardon in sight.Read full article... Read full article...
Tuesday, September 30, 2008
Gold Holding Up Well Despite US Dollar Strength / Commodities / Gold & Silver
Strangely, or counter-intuitively, the Dollar has strengthened (vs. the Euro) during a crisis precipitated by a US-derived financial and banking debacle! How could this be the case? Perhaps perceptions have emerged that Europe is in worse shape than the US? Perhaps in spite of everything, the world's investors still need to be in Dollars to access US Treasury paper? Or, perhaps, the Central Banks have coordinated efforts to support the Dollar during this financial panic to avert a Reserve Currency crisis too?Read full article... Read full article...
Tuesday, September 30, 2008
Gold Sharp Drop Amidst Financial Market Turbulence / Commodities / Gold & Silver
SPOT GOLD PRICES fell sharply early Tuesday, reversing the multi-month highs hit overnight to trade below $881 an ounce as US stock markets bounced hard from Monday's record-breaking collapse – the worst one-day slide since Black Monday 1987.Oil turned higher from this week's 12% loss so far, while the Dollar held steady vs. the Euro and Sterling on the currency market.
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