Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Sunday, February 03, 2008
Gold Short-term Weakness, Long-term Bullish / Commodities / Gold & Silver
By: Merv_Burak
A generally okay week BUT with a weak momentum and a collapse on Friday. Let's see if it is of any REAL significance.
GOLD : LONG TERM
The long term P&F chart made a new high X during the week and continues in a bullish trend. There is yet no hint of trouble from the P&F chart but it would not show it for some time. We go to the normal indicators to see if there is any hint of a problem.
Sunday, February 03, 2008
Aluminum and Natural Gas - the Next Commodities to Boom? / Commodities / Natural Gas
By: Elliot_H_Gue
Oil prices are up nearly 50 percent over the past year; crude prices accelerated at the end of 2007 as inventories tightened globally. Meanwhile, wheat prices are up more than 100 percent over the same time period amid strong growth in demand from the developing world, ultra-low stocks in some countries and, of course, a boom in biofuels demand powered by government subsidies.
Although wheat isn't an important feedstock for making ethanol, all agricultural commodities are affected by the biofuels boom. The reason is simply that farmers are diverting acres to corn production in an effort to capture sky-high corn prices.
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Sunday, February 03, 2008
Silver Set for Major Advance towards $30 Within Next Two Months / Commodities / Gold & Silver
By: Roland_Watson
Silver continues to advance this week into the $17 territory and onto a level somewhere we believe in the $20 to $30 range. That difference between $20 and $30 is a lot to investors who are especially leveraged to silver through stocks, options and futures but also to those who hold large quantities of silver be it in ETFs, pool accounts or in other secure deposits.
At this point let me give a brief update on how one of our indicators is getting on. I call it the RMAR or "Relative Moving Average Refined". This technical analysis indicator is a sell signal generator working in the multi year range. Typically a sell signal is flagged every few years depending on whether gold and silver is in a major bear or bull market.
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Saturday, February 02, 2008
Gold: New Month, New Direction? / Commodities / Gold & Silver
By: Joe_Nicholson
“Though gold moved to record highs again this week, that doesn't rule out the possibility of a corrective phase having begun earlier this month. A simple three-wave correction could climb as high as $940-950 before being invalidated. Any failure of a pre- or post-Fed rally in this area would suggest a five-wave decline to about $800-830. The Fed… has lost the appetite for disappointing the markets. Though the rate-cut should suggest further upside in metals, this is the context in which readers should… act. Though silver could reach $17.40-17.50 before invalidating a return below $10, support between $12-$15 , especially in the strong band in the $13.75-14.25 area, tends to support further upside.” ~ Precious Points: Can't Keep a Good Metal Down, January 26, 2008
Saturday, February 02, 2008
"Wisdom of Crowds" Helps Explain Gold's Price Climb / Commodities / Gold & Silver
By: Frank_Holmes
All around the world, investors believe in gold.
If you ask them why, you will get a number of explanations and a level of conviction that has endured despite opinions of many “experts” that gold was overpriced at $500, then at $600, and so on until it reached and passed $900.
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Saturday, February 02, 2008
Gold Investments Weekly Update - Strong Support Suggests Shallow Correction / Commodities / Gold & Silver
By: Mark_OByrne
Gold was due a much needed breather and a correction after the 10% increase in value in January. Considering the speed of gold's move up in recent weeks it is surprising that gold has only sold off by a small margin today ( by less than 2%). Compared to the sell off in equities in recent weeks gold's sell off has been orderly and less sharp.Read full article... Read full article...
Friday, February 01, 2008
Gold Takes a Hit - Early Phase of a Significant Downtrend / Commodities / Gold & Silver
By: Mike_Paulenoff
The gold market is taking a big hit today, despite the weaker economic data that initially triggered a decline in the dollar closer to 1.5000 versus the Euro... Very interesting action, indeed, and not particularly gold-friendly, I might add. Let's take a look at the GDX (Market Vectors Gold Mining ETF)... Read full article... Read full article...
Friday, February 01, 2008
Invest in Commodities, Don't Lose Your Capital in the Stocks Secular Bear Market / Commodities / Resources Investing
By: Zeal_LLC
The financial markets are always exhilarating. And as a student of the markets, I've learned over the years that their dynamics leave no room for boredom. Whether bull, bear, or monotonous grind in either direction, there is always something new and exciting going on.
Astute investors and speculators are able to make money no matter what direction the markets are moving. But for the average investor, it is usually live by the bull and die by the bear. And for those investors positioned to grow their capital in headline stock indices, in flat or down-trending markets there is wailing and gnashing of teeth.
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Friday, February 01, 2008
Gold Monthly Close Above $900 Could Signal Profit Taking Ahead of $1000 / Commodities / Gold & Silver
By: Gold_Investments
Gold was up $2 to $923.20 per ounce in trading in New York yesterday and silver was up 17 cents to $16.87 per ounce. Gold traded flat to slightly up in Asia and then surged in early trading in Europe (from a low of $924 to $936.70) Silver surged to new highs at $17.28.Read full article... Read full article...
Thursday, January 31, 2008
The Ongoing Commodities Boom - What Every Investor Should Know / Commodities / Investing
By: Mary_Rivas
Gone are the days when you only needed to know about stocks and bonds to make money in the financial markets. With revolutionary changes taking place in the global economy and investment industry, you can not afford to ignore commodities.
Never before have commodities been in such great demand worldwide at a time when supplies are extremely low. It will take many years for this supply-and-demand imbalance to improve. This means opportunities for you---rising commodity prices worldwide.
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Thursday, January 31, 2008
Gold $1000 by June 2008 As Fiat Currencies Race to the Bottom / Commodities / Gold & Silver
By: Jim_Willie_CB
Quick Note: My math was done last week on a dirty napkin. The ‘AAA' index on credit default swaps for mortgage bonds perhaps is not indicative of prime mortgages, my error in pasted title for the graphic. Mea culpa! The index contains a mix of subprime slime slices in tranches, for some odd reason. Also, those high quality indexes are actually time stamped, with the most recent being the hardest hit. They contain the immediate decline in recent housing prices, the most recent defaults, without benefit of some home collateral appreciation. My attitude is firm though, that the swap contracts of age one year will lose a similar amount, like 30%. Give them time. Ditto for the swap indexes of age two years. The recent mortgage indexes are excellent forward indicators for the older ones. Read full article... Read full article...
Thursday, January 31, 2008
Gold Heads for Monthly Close above $900 as US Economy Heads for Stagflation / Commodities / Gold & Silver
By: Gold_Investments
Prior to the Federal Reserve's 50 basis point interest cut to 3%, gold was down $3.60 to $921.20 per ounce in trading in New York yesterday and silver was down 4 cents to $16.74 per ounce. Gold surged (from $920 to $934.25) to new record highs after the interest rate decision at 2:30 p.m (1930 GMT) in after-hours trading on the Comex division of the New York Mercantile Exchange (NYMEX). Silver surged to new highs at $16.87.Read full article... Read full article...
Thursday, January 31, 2008
Gold Buying Strong as Stock Markets Lower on Recession and Inflation Concerns / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES for immediate delivery of physical metal moved sideways early Thursday, holding between $920 and $927 per ounce as global stock markets fell despite yesterday's fresh injection of cheap money from the US Federal Reserve.Read full article... Read full article...
Thursday, January 31, 2008
China Earn's Interest by Shorting Silver / Commodities / Gold & Silver
By: Professor_Emeritus
Even the most rabid silver bugs admit the possibility that the Chinese are the Big Silver Shorts. This suggests that the Big Gold Shorts are also governments. Neither are naked by any stretch of the imagination. The double whammy of gold and silver accumulation by unnamed governments is the big puzzle of the present financial crisis in the world as it holds the key to the resolution.
For a better understanding of the Chinese silver picture you have to know a little background of the role of silver in China. The facts are as follows. China has been on a silver standard since time immemorial. China stayed on the silver standard after other trading nations of the world demonetized silver and embraced the gold standard at the end of the 19th century.
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Thursday, January 31, 2008
Materials and Utilities Investing Themes 2008: A Tale of Two Halves - Part 4 / Commodities / Metals & Mining
By: Hans_Wagner
The beginning of a new year is a good time to make a new assessment of the important investment drivers and themes for the year. If you want to beat the market it is important to understand what is driving the markets and where the best sectors are to find good opportunities. By identifying these factors you will have a solid framework to assess the impact market movements and news events on your investment strategy. This is the fourth of a five part series on the outlook for the 2008 markets. The first part discussed the key drivers ending with a mention of what sectors will benefit and those that will be hurt. This Part discusses the Materials and Utilities sectors. Part 2 discussed Energy and Financials, Part 3 reviewed Technology and Consumer Staples. Part 5 will address Healthcare, Industrials and Consumer Discretionary sectors. Read full article... Read full article...
Wednesday, January 30, 2008
Iran's Notice to Crude Oil Importers Results in Monetary Contraction of $500 billion of PetroDollar Reserves / Commodities / Global Financial System
By: Rob_Kirby
Much was made of Iran's announcement back in December, 2007 – that they would no longer be accepting U.S. Dollars as payment for their chief export, crude oil:
Iran stops selling oil in dollars - Tehran moves closer to confrontation with U.S.
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Wednesday, January 30, 2008
Gold to Surge towards $1000 on Today's US Fed Interest Rate Cut / Commodities / Gold & Silver
By: Mike_Clark
Gold was down $2.60 to $924.80 per ounce in trading in New York yesterday and silver was up 6 cents to $16.74 per ounce. Both rose to new highs yesterday and have traded sideways to slightly down in Asian and European trading. A monthly close above $900, the first ever, would obviously be very bullish from a technical point of view.Read full article... Read full article...
Wednesday, January 30, 2008
Gold Drifts Ahead of US Fed Interest Rate Cut / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES sat tight in a $6 range early Wednesday, bouncing 1.3% below yesterday's new record high before recording an AM Fix in London of $923.75 per ounce as the world's stock markets ticked lower in quiet trade."All eyes today are on the upcoming US rate decision," says Brandon Lloyd for Mitsui in Sydney , "widely expected to lower rates again to support the aggressive 75-basis point emergency cut last week.
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Tuesday, January 29, 2008
Gold Parabolic Rally on Monthly Chart Flashes Warning to Gold Bulls! / Commodities / Gold & Silver
By: Ned_W_Schmidt
Pleased to announce that votes are in. Ineptness Award for first century of Federal Reserve's existence goes to Bailout Bernanke and his Buckaroos. Last week's interest rate cut cinched it for them. Did the FOMC cut U.S. interest rates because of falling global financial markets or was it pure politics? Reports suggest that FOMC was not even aware of Societe Generale's selling of portfolio problems. Read full article... Read full article...
Tuesday, January 29, 2008
The Time For Gold Is Now! / Commodities / Gold & Silver
By: David_Vaughn
How about that gold price?
Right now it seems to be sticking around the 900 range. I wonder what's happening? Could there be “turmoil” in the financial markets? Let's see what the press has to say about present market conditions. Just what is happening in the financial realm around us?
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