Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, February 12, 2008
Gold Falters as Rumours Grow of a Major Bank Failure / Commodities / Gold & Silver
THE PRICE OF PHYSICAL GOLD BULLION continued to tick lower from yesterday's six-session high early Tuesday, slipping $5 from last night's New York close as rumors grew of a major banking loss in Europe and the US government prepared a new bail-out for struggling mortgage debtors.By the AM Fix in London , set at $920.25 per ounce, European stocks had pushed 0.6% higher despite a 5.3% drop in ING, the Netherlands ' largest bank, now said to be facing a severe loss on its US subprime investments.
Read full article... Read full article...
Tuesday, February 12, 2008
Gold is a Better Inflation Hedge Than Real Estate / Commodities / Gold & Silver
The U.S. will likely spin into a long era of high inflation. The coming years will look like the 1970s. There is also a good risk of hyperinflation, which is a particularly severe bout of high inflation. Thus, the vital question for every investor is: How to hedge, or protect your wealth, against inflation? Some, especially realtors, urge to hedge this risk with real estate. So, should we really hedge with real estate?
Read full article... Read full article...
Monday, February 11, 2008
Gold Rises as High Commodity Prices Are a Reflection of Monetary Inflation / Commodities / Gold & Silver
GOLD FOR IMMEDIATE DELIVERY pushed higher in volatile trade early on Monday, gaining 0.7% from Friday's close to reach $927 per ounce in London as world stock markets dropped yet again.The broad FTSE index of Europe 's 300 largest companies slipped 0.5% for the day, while copper and most other base metals continued to gain as bad weather blocked Chinese output.
Read full article... Read full article...
Monday, February 11, 2008
Gold Remains the Preserve of the Smart Money / Commodities / Gold & Silver
Gold was up $11.80 to $918.20 per ounce in trading in New York on Friday and silver was up 60 cents to $17.11 per ounce. Gold has continued to rally in Asia and early trading in Europe and is up to $924. Silver has also risen and is up to $17.30 per ounce.
Gold also rose in the other major currencies and rose to new near record highs in euros and sterling. The London AM Fix at 1030 GMT this morning was at $925.50 (up from $908.25). Gold fixed at £474.37 (up from £465.53) and €635.91 (up from €620.516).
Monday, February 11, 2008
Gold Expected to Retrace to $800 Area / Commodities / Gold & Silver
“ We've already seen the start of support above the 5-week moving average, about $900, and could see a healthy retracement next week that still won't preclude further declines if not making a significant new high. Silver has not invalidated a corrective count either. That wouldn't occur until nearly $17.50. The 5-day moving average … will be crucial early next week in determining support and resistance. A platinum group metals play based on shrinking supply could be a haven if the more monetary metals are due for a near term correction.” ~ Precious Points: New Month, New Direction? February 02, 2008Read full article... Read full article...
Sunday, February 10, 2008
Gold Bullish, But Gold Stocks Showing Bearish Divergence / Commodities / Gold & Silver
Up and down but in the end gold seems to be having trouble moving. Does it have anything to do with the recent strengthening in the U.S. Dollar Index?
GOLD : LONG TERM
From a long term perspective there is no real serious problem with gold. The indicators change very slowly so one does not expect sudden changes in the technical situation. Gold continues to trade well above its long term moving average line and the line continues to trend upwards. The long term momentum (price strength) indicator is also well inside its positive zone with no hint of a reversal in site. It recently moved into new highs confirming the strength of the recent gold price action. The volume indicator (an indication of speculative interest) continues above its long term trigger line and the trigger continues to point upward. The only cautionary signs are in the more aggressive time periods which will be reviewed below.
Saturday, February 09, 2008
When Will Gold and SIlver Share Prices Catch Up Precious Metal Prices / Commodities / Gold & Silver Stocks
Many of you out there are frustrated at what seems to be the very poor performance of gold & silver mining shares over the last couple of years when compared to the performance of the gold & silver price, understandably so. Even the Junior's have not performed to their full potential. Why not?
There have been several reasons: -
Read full article... Read full article...
Friday, February 08, 2008
Maximise Gold Profits by Using Leveradge HUI Unhedged Gold-stock Index / Commodities / Gold & Silver Stocks
As a stock-market sector, gold stocks are obscure, increasingly volatile, and seemingly perpetually unloved. Yet investors and speculators choose to own them anyway. Why? Because in the past gold stocks have greatly amplified gold's underlying gains. Traders are betting this outperforming behavior will continue in the future.
The outperformance so far in this bull market has been enormous. At best in recent weeks, the flagship HUI unhedged gold-stock index was up 1237% since its bull was born in November 2000. This incredible run was driven by a 262% gain in gold since its own bull launched in April 2001. Thus bull to date per simple math, the HUI has leveraged gold's underlying gains by 4.7x!
Read full article... Read full article...
Friday, February 08, 2008
Gold Rises on "Perfect Storm" - Falling Interest Rates and Rising Inflation / Commodities / Gold & Silver
THE PRICE OF GOLD jumped almost 1% at the London opening on Friday, building on solid overnight trade to reach a one-week high of $916 per ounce as Asian stock markets sold off yet again and European equities held flat.The Nikkei on Tokyo ended the week 3.6% lower, while crude oil rose almost $1 per barrel in London on new supply problems in both Nigeria and the North Sea .
Read full article... Read full article...
Friday, February 08, 2008
Gold Rises Against All Currencies and Looks Set to Challenge All Time Highs / Commodities / Gold & Silver
Gold was up $5.90 to $906.40 per ounce in trading in New York yesterday and silver was up 23 cents to $16.74 per ounce. Gold continued to rally in Asia and surged in early trading in Europe and is up to $915 per ounce. Silver has also surged and is up to $17.02 per ounce.Read full article... Read full article...
Friday, February 08, 2008
Uranium Stocks Continue to Trend Lower - Have a Beer! / Commodities / Uranium
Another small loss for the uranium stocks. Last time we had four in a row the fifth day was the worst. Let's hope that history does not always repeat. The Merv's Daily Uranium Index closed down 0.019 points or 0.59%. The winners perked up a bit with 16 stocks on the up side, 30 stocks on the down side and 4 unchanged. Cameco gained 0.7% while Denison lost 5.1%, First Uranium closed unchanged, Paladin lost 3.1% and Uranium One down 3.2%. The best gainer on the day was Magnum Uranium with a gain of 8.0% while the worst loser was Uracan with a loss of 9.5%.Read full article... Read full article...
Thursday, February 07, 2008
Silver Commercials Short Covering to Result Price Spike / Commodities / Gold & Silver
One major theme that unites a lot of silver investors is the matter of the major short sellers of silver. To be more precise, the well known fact is that the class of silver traders known as the commercials has been net short silver for literally decades. The chart below demonstrates this fact quite readily. The silver price is in green and the net commercial position in black (a negative number indicates a collective short position).Read full article... Read full article...
Thursday, February 07, 2008
The Single Best Investment for 2008! / Commodities / Gold & Silver Stocks
Larry Edelson writes: In late 1865, to cover the staggering costs of the Civil War ... to bail out financial institutions on the verge of bankruptcy ... and to help stem the financial losses in towns and municipalities ... Washington issued tidal waves of government bonds, to the tune of almost $29.5 billion per day.
Money was printed with reckless abandon, and inflation shot to the moon.
Read full article... Read full article...
Thursday, February 07, 2008
Gold Weak Vs Strong Dollar - Bank of England Cuts Interest Rates Despite Inflation Fears / Commodities / Gold & Silver
SPOT GOLD PRICES for immediate delivery rose steadily in Asia on Thursday, gaining 2.6% from yesterday's low vs. the Dollar and hitting a one-week high of €623 per ounce for Eurozone investors as the European Central Bank met to decide interest rates.The Gold Market then dipped 0.6% when the ECB kept its rates on hold. The Bank of England in London chose to cut British interest rates by 25 basis points to 5.25%.
Read full article... Read full article...
Thursday, February 07, 2008
Gold Strong Despite US Dollar Strength / Commodities / Gold & Silver
Gold's recent sell off ended yesterday and gold was up $13.90 to $900.50 per ounce in trading in New York yesterday and silver was up 20 cents to $16.51 per ounce. Gold has continued to rally in Asia and early trading in Europe and is up to $908. Silver has also risen and is up to $16.68 per ounce.Read full article... Read full article...
Thursday, February 07, 2008
Crude Oil Pullback Is a Gift For Energy Investors! / Commodities / Oil Companies
Sean Brodrick writes: Oil prices are pulling back right now — below $90 a barrel. Let me tell you, I think oil is very inexpensive at that price, especially when you consider how absolutely amazing oil really is — how our entire civilization runs on it.
Along with the 86 million barrels per day that the world uses for fuel, petroleum plays a starring role in agriculture, industry, plastics, and building materials. It heats our homes, grows our food, and provides us with entertainment.
Read full article... Read full article...
Wednesday, February 06, 2008
Gold Rallies Back Above $900 on Favorable Macro Economic Outlook / Commodities / Gold & Silver
THE PRICE of SPOT GOLD rose in London early on Wednesday, avoiding the harsh sell-off seen on Monday and Tuesday to bounce more than 1.2% from the overnight low of $886.50 as Asian stock markets sank for the third session running.
Read full article... Read full article...
Wednesday, February 06, 2008
Gold Strong Demand from India, China and Middle East / Commodities / Gold & Silver
Gold's recent sell off continued and gold was down $18.30 to $886.60 per ounce in trading in New York yesterday and silver was down 42 cents to $16.31 per ounce. Gold traded sideways to slightly up in Asia and early trading in Europe and is up to $890. Silver has also fallen and is down to $16.56 per ounce.Read full article... Read full article...
Wednesday, February 06, 2008
Gold Price About to Pull Back / Commodities / Gold & Silver
The charts are not telling a particularly happy story at present.
The attached chart (decisionpoint.com ) tells me that $XAU may start to rise sharply relative to gold. More likely, because the shares have been underperforming, the gold price is likely to pull back sharply relative to shares. The shares may have been right all along.
Read full article... Read full article...
Tuesday, February 05, 2008
Agri-Food Stocks Boom Could Continue for Another Decade! / Commodities / Agricultural Commodities
Financial engineering has now demonstrated that the destruction of investment wealth can be accomplished for faster and more efficiently using computers. Monoline insurance companies are latest tool in the eradication of wealth. Some way must exist for investors to escape these financially destructive experiences. That escape route may be to seek out and move to trends of future. Agri-Food stocks, as shown by this week's chart, have in past year done quite nicely, and likely will in future. Of course, they will have corrections for such events are natural and healthy events for markets. Corrections provide an opportunity to acquire positions. Why have Agi-Food investments done well?Read full article... Read full article...