Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Sunday, May 18, 2008
Silver Major Uptrend Breakout Alert / Commodities / Gold & Silver
By: Clive_Maund
The technical condition of silver has continued to improve since the last bullish Silver Market update was posted a week ago. This is because it has held above the strong support in the $16 - $16.50 area, and by virtue of moving sideways during last week, it has broken out upside from the bullish Falling Wedge so that it is now in position to take off immediately, and is likely to, especially given that gold has started to lift off, rising strongly on Thursday on Friday.Read full article... Read full article...
Sunday, May 18, 2008
Gold Triggers Short-term Bullish Trend / Commodities / Gold & Silver
By: Merv_Burak
Friday looked like a break away but there is still some rough territory ahead to overcome. The $950/$960 area may be formidable.
GOLD : LONG TERM
The long term P&F chart is showing the direction of movement now on the up side but still some distance from reversing the P&F bear signal. That would need a move to the $960 level and then it would project only to the previous high for a mild move. My suspicions are that there will be more up and down volatility before any new reversal comes about. But time will tell, one should not be so set in one's view that one cannot change when the activity warrants.
Sunday, May 18, 2008
The Gold Price Fuse has been Lit and the Rocket is Rising! / Commodities / Gold & Silver
By: Peter_Degraaf
Last week I wrote an article titled: “The Fuse Has Been Lit!” As a result of the article I received a number of E-mails from unbelievers.
It's amazing how many people out there still do not understand the basic bullish fundamentals of the gold market. Even a large number of analysts are providing their clients with erroneous advice, by telling them to ‘wait for a bottom'. Many of these clients could well be facing the problem of looking back ruefully at the bottom, long after it is in place.
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Sunday, May 18, 2008
Grain Markets Panic Buying, Export Controls, and Food Riots / Commodities / Agricultural Commodities
By: Joseph_Dancy
Long term global demand and supply trends in the agricultural sector remain very favorable for investors. New and expanding biofuel facilities, growing global population, and the upgrading of diets in many Asian countries continues to increase demand for grains at a rapid pace.
Supply growth is constrained by export controls recently implemented by many large grain producing countries, drought in several producing regions, and the lack of readily available acreage suitable for expanding farming operations. Western agriculture methods are also incredibly energy intensive, which increases the cost of expanding supplies. The following developments occurred in the sector last month:
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Sunday, May 18, 2008
Gold and GDX ETF Breaks Higher / Commodities / Gold & Silver
By: Mike_Paulenoff
Gold prices and the Market Vectors Gold Miners ETF (AMEX: GDX) are higher this session in sympathy with the surge in energy prices. As of this moment, the price structure has broken above its prior rally peak at 46.68 on 5/09 as well as its March-May down trendline, which triggers upside follow-through to 48.00/30 next.Read full article... Read full article...
Saturday, May 17, 2008
Gold Pushes Higher on Massive Government Mortgage Backed Junk Bond Swaps / Commodities / Gold & Silver
By: Adrian_Ash
PHYSICAL GOLD BULLION prices rose sharply in London on Friday, gaining 1.1% to reach a three-week high of $894 per ounce as European stock markets pushed higher and US Treasury bonds slipped.Crude oil regained more than 1.2% to trade above $125.60 per barrel.
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Saturday, May 17, 2008
The Myth of Lower Oil Prices Ahead / Commodities / Crude Oil
By: Ty_Andros
Confusion reigns supreme as the mainstream financial press throw thoughts and headlines at you as they WISH THEM TO BE, instead of how they truly are. They do this to FLEECE you and get you to invest in products which serve their interests instead of yours. Never, ever invest based upon headlines splashed in front of you. They are almost always false. Daily activity in the markets provides lots of solid trading opportunities, but these opportunities rarely are consistently successful unless it is within the long-term trends and macro economic picture of the GLOBE, not just the G7. Invest based upon the picture within the US and you will be severely injured. The US must only be considered based upon the larger global economic pictures. Read full article... Read full article...
Saturday, May 17, 2008
Why Gasoline Price Is Really Rising / Commodities / Gas - Petrol
By: Investmentscore.com
In an attempt to force lower gasoline prices we get many email forwards from frustrated consumers trying to organize a short term boycott against “greedy” oil companies. Consumers are clearly aggravated with these high prices, but the strategies for change that they suggest are flawed. This short article is designed to redirect this consumer frustration toward what we believe is the main cause of the problem and to offer a potential solution.Read full article... Read full article...
Friday, May 16, 2008
Uranium Stocks Continue Bearish Roller Coaster Ride / Commodities / Uranium
By: Merv_Burak
Note that the volume is an average volume of round lot sales for the 50 component stocks. For total volume, multiply by 5000.The roller coaster continues. Today is an up day, tomorrow ?? Read full article... Read full article...
Friday, May 16, 2008
Mining Companies Leverage / Commodities / Gold & Silver Stocks
By: David_Morgan
This week I decided to look over some of our earlier reports and provide some information that can help to clarify some common misperceptions in valuing mining companies. The following is edited down considerably from a November 2007 Morgan Report.
One of the best ways to gain leverage to the precious metals is still in the mining sector and specifically through both junior and senior mining stocks. One analytical method is to take the total resource (indicated and inferred) and determine how many ounces you as an investor are receiving per share or per dollar invested.
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Thursday, May 15, 2008
Gold Correction Near its End on Converging Signals from Bonds and Currencies / Commodities / Gold & Silver
By: Jim_Willie_CB
The springtime corrections are really about done. They have gone on for a couple of months. The extent of the pullbacks have been tested and retested. The long-term trends are just about ready to asset themselves again. Grand deceptions have resumed to attempt to fool the public and the investment community that the worst is over for banks, housing, and mortgage bonds. That is not even remotely true. The deeply wounded banks, the sharply corrected home prices, and the badly damaged mortgage bonds have much more pain ahead. Nothing has been fixed. Many mortgage resets have yet to take place. The New Resolution Trust Corp to facilitate secondary mortgages, to bury dead mortgage bonds, and to renegotiate home loans is not even agreed upon, let alone installed. Its operation will be sometime in 2009 at the earliest. Read full article... Read full article...
Thursday, May 15, 2008
Odds Favor Short-Term Crude Oil Downtrend / Commodities / Crude Oil
By: Frank_Holmes
Years ago when oil was $30 per barrel, we were laughed at when we suggested that it could trade over $100. Now it seems we were being a bit conservative.
That said, based on statistical tools we use to measure probabilities, we believe oil is currently overbought and due for a short-term correction of $20 to $35 before resuming a longer-term price climb that could well reach $200 per barrel.
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Thursday, May 15, 2008
Playing the Food Boom for Huge Profits / Commodities / Agricultural Commodities
By: Money_and_Markets
Larry Edelson writes: I'm long 5,000 bushels of corn in the futures market. I bought the contract at $6.22 (a bushel), near corn's record high price.
Why? Because I'm expecting the price of corn to more than double in the next 18 months, to well over $12 a bushel. And I'll be adding more corn to my portfolio when I see the next buy point.
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Thursday, May 15, 2008
Gold Slips on Queationable Inflation Data / Commodities / Gold & Silver
By: Mark_OByrne
Gold was down $ 3.60 to $8 6 5.40 yesterday and silver was down 18 cents to $1 6. 55 . Gold traded flat in Asia and has risen marginally in early trading in Europe. While the dollar is down today, the dollar's short term bounce may continue and this could put further pressure on gold and result in further consolidation at these levels (the $850 to $890 range). But oil is up more than 0.5% again this morning to over $125 a barrel again and this should result in gold being well supported at these levels. Read full article... Read full article...
Thursday, May 15, 2008
Commodities Correct after recent Strong Rallies / Commodities / Resources Investing
By: Emanuel_Balarie
Grains
Corn fell for the fourth straight day, with the July contract settling 8.25 cents lower at $5.99 a bushel. Improving planting conditions in the U.S. Midwest with forecasts for no major storms before May 21st will accelerate plantings that have experienced extended delays due to wet weather.
Soybeans held firm today after gaining nearly 3-percent yesterday. The July contract settled unchanged at $13.79 ½ a bushel. New crop futures closed higher with the November contract gaining 7 1/4 cents at $13.33 a bushel. Favorable corn planting conditions, strong demand, and a farmer strike in Argentina sent soybeans steady to higher on the session.
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Thursday, May 15, 2008
Gold & Euros Bounce on Inflation Fears; Ex-Fed Volcker Warns of Return to 1970s Stagflation / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES turned higher alongside the Euro early Thursday, gaining 0.5% after strong economic data dashed short-term hopes of Eurozone rate cuts.That dented the US Dollar's recent rally and capped Western stock markets.
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Thursday, May 15, 2008
Grain Exporting Countries of Africa to Mirror Crude Oil OPEC Boom / Commodities / Agricultural Commodities
By: John_Mauldin
What countries are truly the have and have nots of the world? Good friend and business partner Niels Jensen of Absolute Return Partners suggests we look at the old equation in a new way? Food and energy resources may be at least part of the definition in the future. In this week's Outside the Box we continue a them I mentioned a few weeks ago: agricultural needs are going to be a new and important force in the world and when coupled with energy may shift the balance of power in the world in strange a different ways.
When, as Niels points out, Afghanistan poppy farmers are shifting to wheat farming, the world is truly a different place. I think you will find the research he has done to be truly worth a few minutes of your thinking time.
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Wednesday, May 14, 2008
Inflation Deflation Chaotic Trend Towards Stagflation / Commodities / Stagflation
By: Christopher_Laird
Seeing the gold market correct, and oil in a speculation mania, and other commodities with speculation, then combining weakening US consumer demand, one wonders what the heck is going on. The markets are in a chaotic battle between inflation and deflation forces.
The USD is rising, from a bottom around 70. It fell for years since 02. At this 70ish number on the USDX (US dollar index heavily Euro weighted) the USD rebounded. The EU is screaming the Euro is too strong. Germany is the only one who is not screaming. Even so, the EU has a much better trade balance situation (on the whole) than the US.
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Wednesday, May 14, 2008
Gold Bounces on Strong Inflation Data / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD BULLION fell at the opening in London on Wednesday, slipping to a 7-session low of $860.50 per ounce before bouncing almost 1.0% as New York opened for business and the US Dollar fell against the Euro.Wall Street stock futures pointed lower as crude oil dropped 41¢ per barrel to $125.31.
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Wednesday, May 14, 2008
Gold to Oil Price Ratio Says Gold is Cheap / Commodities / Gold & Silver
By: Mark_OByrne
Gold was down $13.90 to $8 69 yesterday and silver was down 43 cents to $16.73 . Gold traded flat in Asia and has fallen marginally in early trading in Europe. But with oil prices rising and inflation pressures increasing internationally, gold will be well supported at these levels. Momentum traders and short term speculative players continue to exert pressure on the gold market but continuing demand for physical bullion from those with a more medium to long term investment horizon, namely individual investors, pension funds, sovereign wealth funds and indeed central banks in Asia, Russia and elsewhere will ultimately lead to higher gold prices in the medium and long term.
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