Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, August 21, 2008
Amateur Precious Metals Investors Panic on Derivatives Deleveraging / Commodities / Gold & Silver
By: Richard_J_Greene
It's no wonder precious metals investors are unloading despite swearing they would not be fooled into panicking when the financial system began to come apart at the seams. Make no mistake; what we are seeing in the gold and silver markets is an all out attack by the financial powers that increased in intensity on July 15th when it became apparent that Fannie Mae and Freddie Mac are, for all intents and purposes, insolvent.
Gold investors have been let down in a big way by supposed experts that comment on the gold and silver markets but can not see the most obvious of price suppressions in the history of the financial markets.
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Thursday, August 21, 2008
Commodities Bull Market Super Cycle is Dead? / Commodities / Resources Investing
By: Gary_Dorsch
“Those who had been riding the upward wave decide now is the time to get out. Those who thought the rally would last forever, find their illusion destroyed abruptly, and they, also, respond to the newly revealed reality, by selling or trying to sell. And thus the rule, supported by the experience of centuries, - the speculative episode always ends not with a whimper, but with a bang,” so wrote John Kenneth Galbraith in his book “A Short History of Financial Euphoria.” Read full article... Read full article...
Thursday, August 21, 2008
Gold Mining Stocks Investing Lesson From History / Commodities / Gold & Silver Stocks
By: Money_and_Markets
Sean Brodrick writes: I was in Colorado recently, and all around me were reminders that I was in a state with a rich history of minerals — natural gas, silver, and especially gold.
The Colorado Gold Rush, better known as the "Pikes Peak Gold Rush," is America's most profitable afterthought. Miners who had rushed across the continent in the 1849 California Gold Rush backtracked a decade later to Colorado, to chase down elusive rumors of gold.
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Thursday, August 21, 2008
Technical Reasons to Buy Gold / Commodities / Gold & Silver
By: Peter_Zihlmann
1980 to 2008: From bear to bull: the multi-year trends and the long-term picture.
The chart below clearly shows one thing: long-term trends often last many years . The bear market that started in 1988 ended in 1993. The up-swing that followed lasted three years from 1993 until 1996 and culminated in what may be called a false break-out. Then another bear-market unfolded taking the gold price down to $ 250 over a period of almost four years.
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Thursday, August 21, 2008
Gold Strengthens on Rising Russian Geopolitical Risk / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $ 810.30, down 50 cents and silver was down 10 cents to $1 3. 03 . G old and silver then r alli ed in Asian trading and early European trading . Gold is trading at $ 821.30/ 821 70 per ounce (1 0 45 GMT).Gold is finding favour again with the dollar having weakened again (as low as 1.4829 to the Euro) and oil prices rising (London Brent Spot has surged 3.45% to over $113). Also risk aversion is rising again due to increasing financial (Fannie, Freddie and Lehman), macroeconomic (stagflation) and geopolitical risk (Russia- Nato) which has resulted in weakness in international equity markets.
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Wednesday, August 20, 2008
Commodities Extremely Oversold / Commodities / Resources Investing
By: Frank_Holmes
Faced with slowing global growth, macro investors began dumping commodities and commodity-related stocks, with small- and mid-cap stocks hurt the most. This commodities sell-off, which began in July and has continued into August, also corresponds to the long-term seasonal cycle in which prices for many commodities tend to bottom out in late summer before rebounding in the fall. Read full article... Read full article...
Wednesday, August 20, 2008
Silver SLV ETF Bull Market Remains Intact / Commodities / Gold & Silver
By: Chris_Vermeulen
SLV ETF Trading - Panic, Shouting & Media Hype!
It's all too easy to lose yourself and your position under emotional strain.
Let's face it, it's hard to think straight when a voice inside your head is screaming GET ME OUT OF HERE!
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Wednesday, August 20, 2008
Gold Firm on Inflation Spurt / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES recovered one-half of an early 1.5% dip in London on Wednesday, trading $5 below Asia's four-session high of $818 per ounce as crude oil rose together with US stock futures.
The Euro dropped a cent to the Dollar and the British Pound slipped almost 1.5¢.
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Wednesday, August 20, 2008
Gold Bounces from Oversold Levels on Global Stagflation Warnings / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $ 810.80, up $ 10.30 and silver was down 8 cents to $13.11 . Both gold and silver remained firm in Asian trading but have given up some of the gains in early European trading . Gold i s trading at $ 807.30/ 807.7 0 per ounce (1045 GMT).Gold rebound ing from oversold levels , rose for the second time yesterday and there was an outside day reversal to the upside which is technically bullish (the market made a new low during the trading session, but closed higher than the previous day's high). This is a short term bullish indicator and often happens near market bottoms and could mean a trend reversal is developing.
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Wednesday, August 20, 2008
Commodities & Gold Stocks: Decennial Pattern Comparison with Nasdaq / Commodities / Gold & Silver Stocks
By: Kurt_Kasun
In early April I wrote a commentary titled “ Commodity Boom? You Ain't Seen Nothing Yet! ” in which I hypothesized that commodities would maintain investment leadership through the end of the decade and the rally would end in spectacular fashion in early 2010. This would be consistent with a “decennial pattern” of leadership which began in the 1970s with each decade's winner roughly doubling the stupendous gains of the prior decade's winner. Read full article... Read full article...
Tuesday, August 19, 2008
Commodities Asset Classes: Energy, Minerals and Agri-Foods / Commodities / Resources Investing
By: Ned_W_Schmidt
Ever since paper oil prices broke, journalists around the world have been brutally attacking keyboards in a rush to declare the end to investing in commodities. Business media anchors keep asking the same question, “Are commodities done?” While teaching a journalist is the equivalent of attempting to train a cat, we continue to remind all of one simple message. Commodities is not a homogeneous asset class. It is comprised of three distinct groups, as listed below.Read full article... Read full article...
Tuesday, August 19, 2008
Gold Mining Stocks GDX ETF Decline Incomplete / Commodities / Gold & Silver Stocks
By: Mike_Paulenoff
Despite the 40% decline in the Market Vectors Gold Mining ETF (AMEX: GDX) since March, the gold miners ETF does not exhibit the pattern of completion and likely still will hit one or both of my optimal lower targets derived off of the massive top formation we see on the enclosed daily chart. Let's expect a bounce from the vicinity of 33.50, but thereafter another loop to lower lows into the 30.00-28.00 area to complete the Jul-Aug (Sept?) decline.Read full article... Read full article...
Tuesday, August 19, 2008
Gold Rally Stalls Despite Record 27-Year Inflation in US and Germany / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES slipped once again after recovering half of a 2.3% overnight drop early in London on Tuesday, stalling as both the US and Germany reported a sharp jump in producer-price inflation.
Asian stock markets closed at a two-year low, and palladium traded in Tokyo fell to its lowest level since June 2006.
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Tuesday, August 19, 2008
Technical Analysis of US Dollar and AMEX Gold BUGS Index / Commodities / Gold & Silver Stocks
By: David_Petch
This editorial focuses primarily on the US Dollar Index, with respect to how recent market actions have affected the present consolidation pattern underway since March 2008. The very last chart focuses on the HUI and how the sharp decline nullified the long-term count I was following due to the 0-II trend line being broken. One thing I have learned over the years is that fundamental analysis must be married to technical analysis. It is wrong for someone to assume that Elliott Wave patterns are “the be all end all”…they are a technical tool used to predict future market action based upon the surrounding wave structure. Glenn Neely's pattern base is extremely complicated, which makes tracking patterns even that more difficult. Read full article... Read full article...
Tuesday, August 19, 2008
Don't Believe the Gold and Silver "Bubble" Burst Hype! / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $ 800.50, up $14.50 and silver was up 33 cents to $13.19 . Both gold and silver have again fallen in European trading . Gold i s trading at $ 7 86 .00/7 86 .40 per ounce (10.30GMT).Gold rebounded from very oversold levels yesterday but market weakness has resumed overnight in Asia and early in London as the dollar has continued to rally (reaching a 6 month high at 1.4631 to the euro) . Speculative interest in the precious metals has fallen dramatically as seen in the recent CFTC data and this usually presages a rally in the precious metals.
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Monday, August 18, 2008
Gold Summer COLLAPSE Could Turn Into Autumn Seasonal BOOM / Commodities / Gold & Silver
By: Adrian_Ash
"...Might the seasonal shape of the gold price turn this summer's collapse into an autumnal boom...?"
THE SHARP DROP in world gold prices starting in late July knocked the cost of physical metal more than 20% off its record top of mid-March at last week's low point.
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Monday, August 18, 2008
US Dollar and Gold Price Market Manipulation? / Commodities / Gold & Silver
By: Mike_Shedlock
In his August 13th Commentary Steve Saville gave his thoughts on the US Dollar, gold, and currency manipulation. Steve gave me permission to repeat that letter in entirety. Before I post Steve's thoughts, I need to state upfront that Steve's thoughts are similar to recent posts of mine that have stirred up quite a controversy. In case you missed them, here are my thoughts, in sequence.
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Monday, August 18, 2008
Profit from Falling Gold Price by Trading DZZ Leveraged ETN / Commodities / Gold & Silver
By: Chris_Vermeulen
DZZ Double Gold ETN is a relatively new way to take advantage of gold price action. This gold fund provides double the movement that the GLD ETF or the price of gold does, providing bigger opportunities in the gold sector. I have just recently started to use DZZ ETN for trading and have found it to be very useful, which you will see in the charts below.
A Couple of Benefits of the New DZZ Gold ETN
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Monday, August 18, 2008
Gold Continues to Fall Despite Strong Seasonal Tendencies / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES gave back a sharp 2% rally early in London on Monday, falling towards $790 per ounce as the US Dollar held flat on the currency markets.Crude oil ticked up 25¢ to trade above $114 per barrel as Tropical Storm Fay threatened rigs in the Gulf of Mexico .
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Monday, August 18, 2008
Gold and Silver Extremely Oversold / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York on Friday at $ 786.00, down $ 22.30 and silver was down $1.42 cents to $12.81 . Both rallied strongly on the open in Asia but have given up some of their gains in European trading . Gold i s trading at $ 793.00/793.40 per ounce (1230 GMT).Read full article... Read full article...