Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, March 21, 2008
Beat the Credit Crisis Road Map to Profits / Commodities / Resources Investing
By: Money_and_Markets
Larry Edelson writes: Is it wild and wooly out there or what? The onslaught of nightmarish news about the U.S. economy has hit financial markets around the world like a Category 5 hurricane.
Wild, short-term swings in the markets can often be confusing. But through it all, the major trends remain firmly intact:
Read full article... Read full article...
Friday, March 21, 2008
Easter Message- Filthy Lucre and Maundy Money / Commodities / Money Supply
By: Adrian_Ash
"...If the Queen never carries any cash, what does she keep in that stout little handbag...?"
SO THE MONEY-CHANGERS didn't get thrown out of the temple this Easter Week. Instead, they got open-ended support from the money-lender of last resort, and snapped up a near-broken bank for $2 a share.
Read full article... Read full article...
Thursday, March 20, 2008
Gold Sinks Like a Stone to $906 On Heavy Investment Fund Liquidation / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD sank as European markets opened for business on Thursday, giving back a 2% rally in Asia to plummet towards a new one-month low, just shy of $906 per ounce.Bouncing more than 12% beneath Monday's all-time record high of $1,034, the Gold Market then rallied to record an AM Fix in London of $913.50 per ounce – its lowest level since Feb. 18th.
Read full article... Read full article...
Thursday, March 20, 2008
Interesting Development with Gold and Gold Shares / Commodities / Gold & Silver Stocks
By: Brian_Bloom
Have a look at the green Relative Strength Charts below. Either the shares need to (soon) start rising relative to gold or the gold price needs to start falling relative to the shares. If the gap in the gold price chart below (at around $850 per ounce) is covered, that will be a very healthy development. Read full article... Read full article...
Thursday, March 20, 2008
DELEVERAGING- Gold and Commodities Teetering on the Brink of a Bear Market? / Commodities / Financial Markets
By: Nadeem_Walayat
Gold and other commodities plunged below key short-term support levels following Tuesdays US Interest rate cut to 2.25%. The consensus seems to see this as a healthy correction or is this a signal for a potential end of the commodities bull market?
My view for some months has been that the west will move from a period of stagflation (the present) to a period of deflation towards the end of this year. Therefore at some point during this year the commodities bull markets would be expected to recognise this change in fundamentals and peak well before deflation makes itself evident. The major trend expectations are illustrated in the below graph from an earlier article on the current stagflation and future deflation prospects.
Read full article... Read full article...
Wednesday, March 19, 2008
Prepared Speech: IQPC Base Metals Investment Summit 2008 / Commodities / Metals & Mining
By: Mack_Frankfurter
Recently, there was an article in the Financial Times titled: “Plummeting dollar a big headache for pegged currencies.” Between hedge fund margin calls, the Fed's $236 billion plan to boost liquidity, Bear Stearns take-under by JP Morgan, and not least Elliot Spitzer's self-destruction, why focus on this particular back page headline? The reason this article caught our eye is that it focused attention on what we believe is the near-term “end game” within a longer-term era of commodity inflation—in other words, a significant correction of some duration within the context of a long-term secular bull market in commodities. Read full article... Read full article...
Wednesday, March 19, 2008
Gold Gets Sold / Commodities / Gold & Silver
By: Joe_Nicholson
TTC members were told Thursday morning we could be “hours or days” from a top in gold. The top actually printed two trading days later on Monday, when front month gold futures moved briefly above 1030 and sold off, producing a bearish reversal candle on the daily chart below.Read full article... Read full article...
Wednesday, March 19, 2008
Crude Oil and Commodities Get Clobbered Whilst Equities Barely Changed / Commodities / Exchange Traded Funds
By: Mike_Paulenoff
What do you know, the ProShares UltraShort Oil & Gas ETF (AMEX: DUG) is going up, but the major equity market ETFs, like Q's, SPY, DIA, are barely going down! In other words, it is just the energy sector (XLE) and other commodity sectors, that are getting clobbered while the main equity sectors behave very well after a 4% advance. This is what I was thinking on Monday when I managed to buy the high of the DUG-- that the energy and commodity trades (the crowed ones like gold and oil) were about kaput on the upside, which should in theory reverse, sending the DUG above 42.20 into the 45.00-46.00 target zone. Read full article... Read full article...
Wednesday, March 19, 2008
Credit Crisis Hits Gold As Margin Calls Hit Investment Funds / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD and gold futures prices sank as the US open drew near on Wednesday, falling almost 3% to bounce off a seven-session low as oil prices and soft commodities continued to tick lower and European stocks climbed back from an earlier 1.2% drop.In Australia a major real-estate investment fund today faced a A$30 million margin call (US$27.9m), reports the Herald Sun, while the highly-geared Wesfarmers fund denied rumors it could only re-finance an outstanding US$3.7 billion private-equity debt at 4% above prevailing cash rates.
Read full article... Read full article...
Wednesday, March 19, 2008
Gold and Platinum- A Tale of Two Metals / Commodities / Platinum
By: Money_and_Markets
Sean Brodrick writes: "It was the best of times, it was the worst of times," Charles Dickens famously wrote. That certainly describes markets nowadays, doesn't it?
Heck, Ben Bernanke chopped both the fed funds rate and the discount rate by 75 basis points yesterday — another indication of just how bad things have really gotten.
Read full article... Read full article...
Wednesday, March 19, 2008
Gold Healthy Consolidation Following US Interest Rate Cut / Commodities / Gold & Silver
By: Mark_OByrne
Gold was up $2.20 to $1003 per ounce in trading in New York yesterday while silver was down 30 cents to $19.89 per ounce. In illiquid electronic trading after the Federal Reserve cut interest rates by 75 basis points, very counter intuitively gold fell in value by nearly 2%. With gold already up by more than 19% so far this year (some 10 weeks), consolidation is healthy and to be expected.Read full article... Read full article...
Wednesday, March 19, 2008
Agricultural Commodities Correction Buying Opportunity / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Corrections are a friend of investors. Same is true for professional traders. Traders on Main Street enjoy them less. Learn to take advantage of them, rather than be buffeted by them. Investors should be anticipating any possible correction in their favorite industries in order to make timely purchases. Currently, for example, the Agri-Food sector may be developing one of the first good corrections in some time. Cash prices for many Agri-Food commodities have retreated.Read full article... Read full article...
Wednesday, March 19, 2008
Uranium Stocks Bearish Trend With Potential for Bottom Formation / Commodities / Uranium
By: Merv_Burak
Another downer of a day for the uranium stocks but looking at the chart it looks more like the start of a reversal activity than a continuation of a bear. Yes, the Index did close lower but the daily action stayed within the confines of yesterday's activity. A real down day would be a close below yesterday's low. Anyway, the Merv's Daily Uranium I ndex closed lower by 0.051 points or 1.67%. There were 20 winners, 25 losers and 5 unchanged.Read full article... Read full article...
Tuesday, March 18, 2008
Gold to Sell off to $940 on US Interest Rate Cut Decision / Commodities / Gold & Silver
By: Mike_Paulenoff
Big day for gold and the streetTRACKS Gold Shares (NYSE: GLD) because just about everyone believes that the Fed will cut rates 75 to 100 bps, which will crush the dollar and trigger another upleg in gold. My technical work argues differently -- that the GLD has peak and that "good news" will be sold at the top of the Jan-Mar channel, and the GLD will traverse towards the lower portion of the channel, now in the vicinity of 94.00. Read full article... Read full article...
Tuesday, March 18, 2008
Gold Recovers and Stocks Bounce Ahead of US Interest Rate Cut / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES ticked higher vs. both the Dollar and Euros in London on Tuesday, gaining more than 1.3% from an overnight dip against each currency as global stock markets bounced after Monday's shock losses.By lunchtime in London – where the AM Gold Fix was set nearly $20 below Monday's record of $1,023.50 per ounce – the MSCI World Index stood 0.9% higher to show its first gain since Wednesday last week.
Read full article... Read full article...
Tuesday, March 18, 2008
Gold Strong as Safehaven in the Face of Worst Financial Crisis since 1987 Crash / Commodities / Gold & Silver
By: Mark_OByrne
Gold was up $2.10 to $1000.80 per ounce in trading in New York yesterday while silver was down 25 cents to $20.36 per ounce. Gold surged on the open in Asia yesterday and reached a new record high ($1030.80 per ounce). Subsequently, with U.S. stock markets miraculously recovering, gold succumbed to profit taking and ended the day only slightly higher.Read full article... Read full article...
Monday, March 17, 2008
UltraShort Crude Oil & Gas ETF on the Move / Commodities / Energy Resources
By: Mike_Paulenoff
As of this moment, the Jan-Feb lows at 34.69 and 35.52 represent a potentially major double-bottom in the DUG that has the power to thrust prices towards the 46.00-47.00 resistance (breakout zone). Initial resistance hovers along the declining 200 DMA, now at 43.33. Any weakness from current levels must hold 40.00 to preserve today's near-term upside breakout at 41.20/50.Read full article... Read full article...
Monday, March 17, 2008
Trading Gold and Silver ETF's for Profit / Commodities / Exchange Traded Funds
By: Peter_Degraaf
ETF's have been part of the investment scene for almost two decades. There are currently over 630 different ETF's. Recently a number of commodity ETF's have been introduced to the trading public, as more and more people are becoming interested in trading this sector, and ETF's are a simple way to participate, without having to search for specific stocks.
Gold, silver, oil, copper, nickel, natural gas, grains and cattle ETF's are all available, and a number of ETF's cover a mixture of similar commodities.
Read full article... Read full article...
Monday, March 17, 2008
Gold Jumps 3% as Panic Selling Hits Banking Stocks / Commodities / Gold & Silver
By: Adrian_Ash
PHYSICAL GOLD PRICES leapt more than 3% at the start of world trade on Monday – and the US Dollar and Asian stock markets sank – on news that the Federal Reserve will today start lending directly to New York investment banks to "bolster market liquidity and promote orderly market functioning."
The Gold Market then gave back half of its early gains to $1,015 per ounce, while European equities lost more than 3% from Friday's close.
Read full article... Read full article...
Monday, March 17, 2008
Gold Soars to $1027 on Bear Stearns Collapse / Commodities / Gold & Silver
By: Mark_OByrne
The London AM Gold Fix at 1030 GMT this morning was at $1023.50, £508.45 and €649.51 (up from $997.00, £491.617 and €641.158 Friday).
We are at new record nominal highs in gold in most major currencies and gold has surged through £500 per ounce (GBP) with sterling falling significantly against major currencies especially the euro (0.79).
Read full article... Read full article...