Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, March 28, 2008
Gold's Performance as a Safe Haven Asset / Commodities / Gold & Silver
By: Mark_OByrne
Gold has traded sideways to slightly down in Asian and early trading in London this morning. Gold was down 30 cents to $948.80 per ounce in trading in New York yesterday while silver was up 17 cents to $18.49 per ounce. The London AM Gold Fix at 1030 GMT this morning was at $944.50, £473.05 €598.28 (from $948.25, £470.60 and €600.31 yesterday). Thus, while gold was slightly down in euros and dollars it was stronger in pounds with the pound weakening on the deteriorating UK outlook (more below). Read full article... Read full article...
Friday, March 28, 2008
Silver Bull Market Outperforming Gold / Commodities / Gold & Silver
By: John_Lee
In August of 2004, when Silver was $6 and Gold was $380 I wrote the 4 reasons for liking silver more than gold.
- Supply and demand -
Mine production could not satisfy physical demands of either gold or silver. However, I like silver better because most official sectors, such as the US government, have run out of silver. Only governments do nutty things like selling a valuable asset to suppress its price. I trust the private enterprises holding silver stockpiles to be logical (i.e. profit-seeking) participants in the silver market.
Friday, March 28, 2008
Platinum and Palladium- A Tale of Two Metals / Commodities / Palladium
By: Brett_Tudor
While all the attention has been on gold this year, the recent spikes in these precious metals has been overlooked, so let's look at the long term viability of these PGMs in more detail.Read full article... Read full article...
Thursday, March 27, 2008
Gold Slips as US Dollar Bounces Despite US Economic Slowdown / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD slipped 1.1% early in London on Thursday, giving back yesterday's bounce to fall below $943 per ounce as world equity markets ticked higher and crude oil reached a one-week high after a militia attack on Iraq's main oil terminal."The Gold Market at the moment continues to drift sideways," says Mitsui in Sydney . "With quarter-end approaching, the metal's momentum to the upside could well be capped in the immediate term."
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Thursday, March 27, 2008
No Tears for Gold / Commodities / Gold & Silver
By: Michael_Pento
So, the word on the street—both Wall Street and Main Street—is that the rally is over for gold and other hard assets . It's time to look elsewhere for increasing value, right? Actually, we believe the recent sell off is a blip rather than a reversal of a trend, one which will provide an entry point for those who are paying attention.Read full article... Read full article...
Wednesday, March 26, 2008
You Think $1,000 Gold is Important? / Commodities / Gold & Silver
By: Adrian_Ash
"A dead, defunct currency says the world's money supply is about to unleash an awful inflation..."AMID ALL THE BROU-HA-HA over gold hitting $1,000 an ounce for three short days this month, another milestone in this nine-year bull market went completely un-noticed.
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Wednesday, March 26, 2008
Gold Rallies Sharply on Deepening Credit Crisis / Commodities / Gold & Silver
By: Mark_OByrne
Gold was up $16.50 to $934.80 per ounce in trading in New York yesterday while silver was up 70 cents to $17.70 per ounce (see more on silver shortages below) . Gold has rallied in Asian trading and again in trading in London this morning. The London AM Gold Fix at 1030 GMT this morning was at $945.75 £473.68 and €602.01 (from $930.65, £467.24 and €598.57 yesterday).Read full article... Read full article...
Wednesday, March 26, 2008
Gold Bounces on ECB Inflation Warning / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF PHYSICAL GOLD bounced 1.3% into the start of London trade on Wednesday, reaching a one-week high above $948 per ounce as the US open drew near.Global stock markets ticked lower, meantime, and crude oil prices rose 1.6% to $102.85 per barrel.
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Wednesday, March 26, 2008
Gold Healthy Three Leg Short-term Correction / Commodities / Gold & Silver
By: Ned_W_Schmidt
Effectiveness of a central bank can be measured several ways. For investors, that assessment is by return provided by equity capital in a nation and value of the nation's money. This week's chart shows that Federal Reserve deserves a failing grade. Back line is total return, including dividends, of S&P 500 over past ten years. That return has been a little more than 3% per year for ten years, and essentially zero for past eight.Read full article... Read full article...
Tuesday, March 25, 2008
Words of Wisdom - Stay the Course with Commodities / Commodities / Gold & Silver
By: Dudley_Baker
Here's more from that subscriber of ours down in Argentina who we have dubbed 'Crazy Like a Fox' for his insights into the economy, financial markets and commodities and the way he has positioned himself in these troubled times to profit from those insights. Like his previous emails to us which we edited into articles ("Crazy Man's Rant - He's Crazy like a Fox", "A Crazy Man's Rant or Right On - You be the Judge", "Lighten up and Enjoy the Commodities Ride" and "Commodities are for 'Crafty' not 'Crazy' Investors) we have done the same with his latest which we received this past Thursday after the commodities debacle of Wednesday. If his previous 'emails' are any indication you will enjoy and prosper from what he has to say.Read full article... Read full article...
Tuesday, March 25, 2008
Gold Recovers as Stock Markets Stabalise / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF GOLD regained a three-session high early Tuesday, rising 1.1% as London re-opened after the long Easter weekend to touch $936 per ounce – a level first broken at the end of January.Asian and European stock markets meantime turned sharply higher, led by financial shares buoyed by J.P.Morgan's revised five-fold offer for Bear Stearns.
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Tuesday, March 25, 2008
Gold Rallies on Bargain Hunting After Recent Sharp Drop / Commodities / Gold & Silver
By: Mark_OByrne
Gold was down $2.30 to $918.30 per ounce in trading in New York yesterday while silver was up 12 cents to $17.07 per ounce. Gold has rallied in Asian trading and again in trading in London this morning. The London AM Gold Fix at 1030 GMT this morning was at $930.65, £467.24 and €598.57 (from $913.50, £461.60 and €591.15 last Thursday).Read full article... Read full article...
Monday, March 24, 2008
Balancing a Portfolio with Commodities / Commodities / Learning to Invest
By: Frank_Holmes
With all of the volatility we're seeing in 2008, this is one of those times when investors really value assets that are not correlated to the broader markets.
That explains much of the current interest in commodities – investors are looking for ways to protect themselves through diversification.
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Monday, March 24, 2008
Silver Violent Correction Towards Buying Territory / Commodities / Gold & Silver
By: Clive_Maund
Although it may retreat a little more over the next week or two, Silver is now at/close to buying territory after its violent correction last week. Much of what has been written in the Gold Market update applies equally to silver and so readers are asked to refer to this information in that update. Read full article... Read full article...
Monday, March 24, 2008
Gold Dramatic Correction Back into Buying Territory / Commodities / Gold & Silver
By: Clive_Maund
Gold is back in buying territory after its dramatic correction back to key intermediate trendline support.
In the last update we were looking for gold to break out above the $1,000 level. It did and briefly got to about $1030 before it turned tail and dropped precipitously. Interestingly, the short-lived run at $1030 occurred last Sunday at the time of the Bear Stearns emergency, and the time when the crisis was at its most acute was the point at which gold topped out, which is what one would expect.
Monday, March 24, 2008
Gold and Silver Analysis- What Goes Up Must Come Down,,,, / Commodities / Gold & Silver
By: Joe_Nicholson
“The current trend now is clearly down as confirmed by violation of the 5-week sma on Tuesday and it should be expected that rallies will be used as an opportunity to further liquidate long positions. And because gold in has moved so far so fast a substantial decline will likely ensue. But it would take a move below $750, that's over 25% from Monday's high, before there's serious damage to the bull market. It may not look pretty between now an then, but until conditions change, the 50-week moving average serves as support for the bull market.” ~ Precious Points: Gold Gets Sold , March 19, 2008Read full article... Read full article...
Sunday, March 23, 2008
Gold Downward Spiral Targeting Primary Up-trendline at $840 / Commodities / Gold & Silver
By: Merv_Burak
What does one say after a week like this past one? Memories of an old movie come to mind and the saying “it was the best of times, it was the worst of times”, then off they went to the guillotine. Those with their heads still intact might eventually benefit down the road.
GOLD : LONG TERM
For those with a long term focus the long term P&F chart suggests that there is still no worry about a bear market. The price of gold would have to drop to the $885 level to break below both a (secondary) up trend line and two previous lows, or more importantly must move to the $840 level to break below the primary up trend line. Should such a break come, that would project down to the $720 level for now, but first things first. Let's check where we are with the normal charts and indicators.
Saturday, March 22, 2008
The US Fed Engineered Commodities Price Plunge / Commodities / Gold & Silver
By: Alex_Wallenwein
The world-wide fiat system functions like a roach motel: Investors check in - but they NEVER check out! By it's latest hit on commodities, the Fed as the system-leader gave investors a shot across the bow. The message: "If you try to leave, we will hurt you!"
("Leaving the fiat system" here means to store your wealth in more tangible forms that are not as susceptible to engineered currency collapses.)
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Saturday, March 22, 2008
Gold Trading has Changed Due to Impact of Gold ETF Holdings / Commodities / Gold & Silver
By: John_Handbury
The introduction of Gold Exchange Traded Funds (GETFs) has changed the fundamental supply and demand dynamics of the gold market. Now goldbugs, rather than crudely storing gold in their basements, can buy shares in companies that actually store the physical gold bars in secure warehouses. Read full article... Read full article...
Friday, March 21, 2008
HUI Gold Stocks Bull Market Hit by Seasonal Selling / Commodities / Gold & Silver Stocks
By: Zeal_LLC
After an incredibly volatile week for the precious metals, PM-stock traders are very worried. Despite Bernanke's Fed forcing real interest rates even more massively negative , gold plunged. The PM-stock traders, never paragons of courage anyway, panicked. The HUI gold-stock index plummeted with gold.
We were stopped out of a lot of trades in the carnage, but the great thing about stop losses is they automatically get your capital out early in a sharp plunge. So we are now blessed with lots of dry powder to scoop up irrationally beaten-down bargains. Great opportunities have bloomed! I will discuss our trading strategy in depth, including specific new trades, early next week in Zeal Speculator .
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