Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, August 07, 2008
Gold ETF- The Best Trading Vehicle for Trading Gold / Commodities / Gold & Silver Stocks
By: Chris_Vermeulen
GLD Gold ETF - Taking advantage of the gold market using the GLD exchange traded fund to generate consistent profits in any market condition.
As I mentioned before, the past 5 months have been very frustrating for most traders as we are stuck in this sideways price action. I also noted that August to December is generally the stronger months for gold. Although gold has been under selling pressure during the last 4 weeks I think there is light at the end of the tunnel. It's usually the darkest before dawn, but there are some hurtles for gold to over come before we are in the clear which I explain below.
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Thursday, August 07, 2008
Gold Continues to Consolidate / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $874.40, down $4.50 and silver was down 11 cents to $16.46. Gold has again recovered somewhat in Asian and early European trading and is trading at $883.00/883.40 per ounce (1058 GMT).Read full article... Read full article...
Thursday, August 07, 2008
Gold and Silver Near Significant Secondary August Bottom / Commodities / Gold & Silver
By: Peter_Degraaf
Upon analyzing over 30 years of data involving the gold price, we conclude that the seasonal lows usually occur in March and June. Quite often however, after the June low a secondary low is experienced in August. This secondary low is usually slightly higher than the primary low. People who have resisted the temptation to buy the June low will usually take advantage of this last opportunity before the start of the Christmas rally that seems to happen almost every year. Read full article... Read full article...
Wednesday, August 06, 2008
Gold Plunges Despite Feds Stagflation Warning / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $878.90, down $20.50 and silver was down 56 cents to $16.57. Gold has recovered somewhat in Asian and early European trading and is trading at $885.20/885.70 per ounce (1200 GMT).Read full article... Read full article...
Tuesday, August 05, 2008
Agri-foods Correction Presents Long-term Investment Opportunity / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
With paper oil prices breaking, nonsense spewing forth from business media and strategists has expanded. Commodity prices have broken, many claim. Yes folks, those billion plus consumers in China stopped eating food the day paper oil prices peaked. We would not be surprised if they do keep eating. Slowdown in China? A possibility, and irrelevant for investment decisions. Imagine selling U.S. equities in1901 due to fear U.S. may have an economic slowdown sometime. That is today's equivalent of ignoring long-term impact of China and India. Read full article... Read full article...
Tuesday, August 05, 2008
Gold and Silver: Safe-havens in Troubled Times? / Commodities / Gold & Silver
By: Julian_DW_Phillips
Each day we hear another piece of bad news on the banking front. It was called the sub-prime crisis, then it was the credit crunch; what we have in reality is a full blown banking crisis . Where in the past credit was easily given, full-blown consumer spending was encouraged and when it went too far, bankers saw asset values were dropping below loans against them and banks started to go bust. We are now seeing banks sued by the New York Attorney General. Hardly an environment in which confidence in the banking and financial systems can be retained?Read full article... Read full article...
Tuesday, August 05, 2008
Forecasting the Gold Stocks Bottom / Commodities / Gold & Silver Stocks
By: Michael_Swanson
Last Wednesday morning I wrote an article titled "Gold Stocks are Near a Key Bottom." When I put the article together I was looking for a bottom in gold stocks to put my own money to use in. Except for a small position, I have been out of them for awhile now and have been looking for a bottom in July/August to mark an end of their summer long consolidation phase. Read full article... Read full article...
Tuesday, August 05, 2008
Gold Heads for Traditional August Seasonal Low / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $899.20, down $9.10 and silver was down 37 cents to $17.13. Gold continued to sell off in Asia and in early European trading.Gold has sold off on oil's steep falls and with sharp falls in many other commodity markets. The CRB Reuters Jefferies Commodity Index was down 3% yesterday, its largest one day sell off since last March (cocoa, natural gas and sugar were down sharply) and falling oil prices and a firmer dollar (back to 1.55 against the Euro) has led to gold's sell off.
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Monday, August 04, 2008
Commodities Coup: Moscow Seizes Control of Agricultural Exports / Commodities / Agricultural Commodities
By: Money_Morning
Jason Simpkins writes: Russia has generated considerable political ill will throughout the former Soviet Union and even in Europe by renationalizing its energy sector – ultimately using such state-run ventures as OAO Gazprom and its resource-rich position as weapons of economic diplomacy. Read full article... Read full article...
Monday, August 04, 2008
Commodities Purge Offers Long-Term Investment Opportunity / Commodities / Resources Investing
By: Frank_Holmes
Are we at the end of the commodity bull market or does this battered sector offer an attractive buying opportunity?
That's the question on the minds of everyone trying to navigate one of the most complex and volatile markets we've seen in years. The continuing economic slowdown (particularly at home and in other G-7 countries), combined with more than a year of bleak news from the financial sector, has left investors dazed and desperate.
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Monday, August 04, 2008
Gold Buying Opportunity on Investment and Transfer of Capital Fundamentals / Commodities / Gold & Silver
By: Chris_Vermeulen
The Secular Bull Market in Gold Investments corresponds directly to the Secular Bear Market in Financials. We explain why this trend will continue and why a short-term buying opportunity in Gold presents itself. Central Banks are in all sorts of a pickle.
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Monday, August 04, 2008
Gold Falls Ahead of Central Bankers Interest Rate Decisions / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF GOLD fell 1% from a three-session high early in London on Monday, dropping below $906 per ounce ahead of a busy week for central-bank decisions on interest rates.Asian stocks slipped 1.5% on average as the US Dollar held steady on the forex market.
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Sunday, August 03, 2008
Gold and Silver Outlook Remains Bearish / Commodities / Gold & Silver
By: Merv_Burak
Zig, zag, but more zag than zig. Very strong support at the $850 level and that may be where gold is headed. Will it hold there? Most commentators suggest that a new bull move is eminent. That is not yet in the charts so we'll have to just keep on watching.
GOLD : LONG TERM
There has been no major reversal of long term type movement in the price of gold lately so no need for a long term chart yet. One can go back to the last long term P&F chart in the 18 July 2008 commentary and what we have since is a down direction of O's finishing below the up trend line but not yet going below two previous lows.
Saturday, August 02, 2008
Commodities Broad Consolidation Underway / Commodities / CRB Index
By: Donald_W_Dony
KEY POINTS:• Short-term weakness in August for CRB; upward pressure back by September; 400 to 420 main support zone in consolidation
• Broad, flat trading pattern potentially building; increased caution needed over the next two to three months
• Range-bound trading continues for oil above $120 support level this month; peak price remains at $141 to $147 for 2008
• Natural gas finds support at $9.00; target back to $14 by 4th quarter
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Friday, August 01, 2008
Get Ready for the Next Up Leg in Crude Oil / Commodities / Crude Oil
By: Money_and_Markets
Sean Brodrick writes: Oil has pulled back from its highs, and now analysts are lining up to say the top is in. I've been saying all along that volatility is the name of the game in oil this year. Let me tell you now that I think oil could go lower in the short term — maybe to $110 a barrel, $100 if we're really lucky. Then, hold on to your socks, because we're probably seeing the set-up for oil's next HUGE rally.
Why do I think crude oil may have some more work to do on the downside? Nothing goes up in a straight line, and crude's run has been phenomenal — it was trading at just $78 a barrel a year ago. A short-term pullback is a normal and necessary part of any bull market, and crude is no different.
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Friday, August 01, 2008
Crude Oil Unable to Follow Through to the Upside / Commodities / Crude Oil
By: Mike_Paulenoff
Fits of volatility can come from 1) energy...2) financials...3) Gov't data... 4) geopolitics... take your pick, but just hope that we are not positioned opposite of the directional spike! Let's have a look at crude oil...
I do not know what to make of the enclosed hourly chart of oil, which shows this morning's spike from $122.10 to $128.60 (+5%) in a matter of minutes! The really interesting aspect of the price action, through, is its inability to follow through to the upside after hurdling yesterday's spike high at $127.89.
Friday, August 01, 2008
Base Metals Bull Markets Impacted by LME Stockpiles / Commodities / Metals & Mining
By: Zeal_LLC
When the base metals bulls began in 2003, few could fathom the wild ride ahead. Fundamentals indeed supported steadily rising prices, but the massive parabolas that unfolded between 2005 and 2007 were amazing to behold. From trough to peak copper, zinc, nickel, lead, and aluminum skyrocketed 475%, 523%, 650%, 829%, and 137% respectively.
This rise of the base metals not only represented yet another powerful breakout within the commodities sector, but a universal acceptance that a global secular commodities bull was upon us. With oil and gold already paving the way, the economic imbalances unfolding in the indispensable metals used in the production of everything structural and mechanical was eye-opening.
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Friday, August 01, 2008
What Inflated the Commodities Bubble? / Commodities / CRB Index
By: Salman_Khan
Crude Oil has corrected over 15% from the top. Gold, Silver, Copper, Wheat and other commodities too have retreated from their respective highs. The heavy selling witnessed in last few days, has raised concerns that the air is leaking from the Commodity bubble and that a multiyear bull market might end soon. It has been pretty well established of late, that the commodity market has been exhibiting many of the characteristics of a bubble. Thus, we may be very well at the beginning of a bursting asset bubble. Read full article... Read full article...
Friday, August 01, 2008
Gold and South African Gold Miners Tumble on Rising Costs / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF GOLD fell into the New York open on Friday, beginning August almost 4.5% below July's start despite news that US unemployment just rose to a four-year high."Everything is down this morning as margin calls bite," says Mitsui in its Gold Market note today – "equities, the Euro, the oil price and precious metals.
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Friday, August 01, 2008
Gold Surges on Greenspan's Once In a Century Crisis Warning / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $913.70, up $10.70 and silver was up 37 cents to $17.72 . Gold surged on the COMEX open after initial jobless claims rose sharply to their highest level in 5 years. Gold subsequently gradually sold off and the slow sell off continued in electronic trading and in Asian and early European trading. Read full article... Read full article...