Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, August 27, 2008
Gold Bounce from Oversold Levels / Commodities / Gold & Silver
Gold was basically in a bounce mode this past week but unfortunately closed on the down side on Friday. It needs a lot more upside activity or lateral strength building to prove that it is back on a roll.
GOLD - LONG TERM : Although the week was somewhat positive nothing from the long term has changed. The message of the P&F chart has remained as shown last week although we now have a column of 4 Xs.
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Saturday, August 23, 2008
Trading Gold Silver Arbitrage / Commodities / Gold & Silver
In economics and finance, arbitrage is the practice of taking advantage of a price differential between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices. When used by academics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, a risk-free profit. An entity such as a bank or brokerage firm that engages in arbitrage is called an arbitrageur. The term is mainly applied to trading in financial instruments, such as bonds, stocks, derivatives, commodities, and currencies. (Source Wikipedia.)Read full article... Read full article...
Friday, August 22, 2008
Gold Wild Trading Technical Signals / Commodities / Gold & Silver
Gold Signals seem to be popping up everywhere this week in our collection of gold exchange traded funds . This is a quick gold sector updated on the current price action of some of the best gold exchange traded funds.
How to Find Low Risk High Return Gold Signals
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Friday, August 22, 2008
Commodities Investors Shaken By Dollar Rally / Commodities / Gold & Silver
In football, when a running back intends to cut to the left, he often first fakes right. This move is designed to make the defense commit their resources in the wrong direction. It is my experience that markets often follow a similar path. Just prior to a major move in one direction, markets often make a sharp move in the opposite direction first. With respect to the dollar, gold, oil and other commodities, many on Wall Street have bought into the head fake, and will soon be watching in amazement as the runner sprints to the end zone.Read full article... Read full article...
Friday, August 22, 2008
Freddie Mac's Loss is Gold's Gain / Commodities / Gold & Silver
Sometimes people are so caught up in short-term action that we don't look at the long-term picture.
I have said it before: gold goes up not because of inflation (defined as money supply growth), but because of a loss of confidence of in the paper money system. Loss of confidence can occur for several reasons, from creeping up cost of living, rising commodity prices (aside from gold), or feelings that the integrity of the money system is compromised.
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Friday, August 22, 2008
Stock & Commodity Markets Analysis and Commentary / Commodities / Commodities Trading
The STOCK INDEXES Stock Market AnalysisThe September NASDAQ 100 closed lower on Thursday extending this week's decline and spiked below the 20-day moving average crossing at 1893.90. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are turning bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing near 1893.90 would confirm that a short-term top has been posted. If September renews this month's rally, the 75% retracement level of the June-July decline crossing at 1994.18 is the next upside target.
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Friday, August 22, 2008
Gold Coin Shortage Locks Out New Buyers / Commodities / Gold & Silver
THE SPOT PRICE OF GOLD in the international wholesale market slipped below $825 early on Friday in London , but stayed on track for its sharpest one-week gains since 2001 after losing $150 per ounce from the end of July."Demand is up and premiums are rising throughout the globe," said a professional gold dealer to BullionVault by email today.
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Friday, August 22, 2008
U.S. Government Mint Sells Out of Gold Coins and Suspends Sales / Commodities / Gold & Silver
Gold finished trading in New York yesterday at $833.30, up $23 and silver was up 73 cents to $13 76. Gold and silver remained firm in Asian trading and have given up some of the gains in early European trading . Gold i s trading at $ 831.30/831.70 per ounce (1 100 GMT).Read full article... Read full article...
Friday, August 22, 2008
Gold Priced at the New York Comical Commodities Exchange / Commodities / Gold & Silver
Be prepared for further, even deeper losses in the imaginary price of gold at the New York Comedian's Exchange for precious metals. Why?
Look at it this way: If you were an institutional investor in paper gold contracts, would you want to buy them from the comedians, even at depressed prices, if you knew that your chances of getting delivery on them when it counts are virtually nil?
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Friday, August 22, 2008
Gold, Crude Oil, Resources Bull Markets NOT Over! / Commodities / Resources Investing
Larry Edelson writes: Gold continued to drop earlier this week, breaking below $800 an ounce, falling to as low as $780. How much lower will it go? Does the decline mean the bull market in gold is over? What significance does gold's decline have for inflation, the dollar, and the natural resource markets?
These are all questions on investors' minds right now, and I'll answer them for you.
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Friday, August 22, 2008
China Beats West to Iraqi Oil / Commodities / Crude Oil
Jason Simpkins writes: China and Iraq will sign a deal next week to develop the Ahdab oil field, 100 miles southeast of Baghdad, at time when political gridlock and security concerns have cast doubt over several pending short-term contracts.
The new agreement, valued at $1.2 billion, is a variation of a deal struck with the state-owned China National Petroleum Corp. in 1997, when Iraq was in the clutches of Saddam Hussein.
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Thursday, August 21, 2008
Amateur Precious Metals Investors Panic on Derivatives Deleveraging / Commodities / Gold & Silver
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
“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
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
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
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
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
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
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
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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