Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Saturday, January 26, 2008
Response to the Anti-Gold Gospel / Commodities / Gold & Silver
By: Professor_Emeritus
Anatole Kaletsky is the author of the most recent Anti-Gold Gospel ( www.gavekal.com , January 21, 2008.) He is an establishment journalist, Associate Editor (formerly Economics Editor) of The Times . He says that he instinctively dislikes gold because “historically gold has been a terrible investment and, even in the short term, gold has failed as a store of value”. I am satisfied to leave this statement to stand on its own, and wish Kaletsky good luck in seeking a better store of value in fiat currencies.
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Friday, January 25, 2008
$150 Billion Stimulus Package Positive for Gold / Commodities / Gold & Silver
By: Julian_DW_Phillips
Volatile was the word this week in equity and currency markets across the world. The average investor -- whether institutional or individual -- does not like to feel uncertain. So we protect ourselves from it the best we can. The results were that global markets acted on the worst-possible scenario. At the beginning of the week there was recession with the potential to get worse. Then came the 0.75% cut in Fed Fund rates. Together with talk around the $150 billion tax breaks from the White House, this was expected to send the global economy back on the growth track -- even though it would be at the expense of the USD. But hope wasn't enough. But markets are not falling and have recovered to a large extent, so far. But investors are still jaundiced by the realities of the moves.Read full article... Read full article...
Friday, January 25, 2008
Price Structure Peaking for Gold Mining Stocks / Commodities / Gold & Silver Stocks
By: Mike_Paulenoff
My pattern, momentum and cycle work on the Market Vectors Gold ETF (AMEX: GDX) suggest strongly that the price structure is peaking and could roll over at just about any time in the upcoming two weeks. This is also due to my perception that the underlying fundamentals have turned less friendly towards the miners, gold "consumption," inflation, and the overall bull market in equities.Read full article... Read full article...
Friday, January 25, 2008
Gold Outlook Strong As Global Credit Crisis Worsens / Commodities / Gold & Silver
By: Gold_Investments
Gold rallied $22.20 to $907 per ounce in trading in New York yesterday and silver surged 45 cents to $16.25 per ounce. Both rose again in late Asian trading overnight, and in early European trading gold has surged to new record highs at $923.60. Gold has now surged to new record highs in all major currencies.Read full article... Read full article...
Friday, January 25, 2008
Silver - Not too Late to Hedge Against Dollar Stock Market Investment Losses / Commodities / Gold & Silver
By: Roland_Watson
Like many silver and gold investors, my eyes were glued to the ticker tape this week wondering how silver and its derivative stocks would fare during this downturn in the global markets. To think that silver would be unaffected would be naïve but of course the question was in which way would it be affected? Would it go up, down or move in a channel? Read full article... Read full article...
Friday, January 25, 2008
Gold Surges to New All-time High as South Africa Suspends ALL Gold Mining / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES rose 1.3% overnight Friday, reaching new all-time highs above $923 per ounce as all gold-mining operations in South Africa – the world's No.2 gold producer – were shut down by a power shortage.State-owned energy firm Eskom today told mining giants AngloGold Ashanti , GoldFields and Harmony that it can not guarantee current power supplies to their mines.
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Thursday, January 24, 2008
Gold Bull Trap Rally / Commodities / Gold & Silver
By: Mike_Paulenoff
My near and intermediate-term work is warning me that 3 session climbs from $850 to $911 (so far) in spot gold will turn out to be a trap (bull trap) and part of a near-term topping process just above $900, prior to another bout of corrective weakness that presses prices into the $800-$770 area in the weeks ahead. The upleg pattern off of the August 2007 low at $641.00 to the January 14th high at $914.00 exhibits the look of completion. In addition, the heretofore reliable 15-18 week cycle (low to low) is now in its 8th week.Read full article... Read full article...
Thursday, January 24, 2008
Gold and Silver ETF's (GLD, SLV) Disparities With Gold Price Means Higher Risk / Commodities / Gold & Silver Stocks
By: Richard_J_Greene
I have heard from many investors inquiring if they should sell their gold stocks and just buy the gold and silver ETFs. The first thing they should understand is that doing so would prolong the time they must wait for gold and silver to reach their true market levels which are much higher. The gold and silver ETFs were created by such financial giants as JP Morgan and Barclay's Bank that also serve as custodians and sub-custodians. These are the very firms that have been involved in the process of short selling gold and silver in huge quantities. That they would be involved in creating the ETFs had to be considered as most unlikely unless they had nefarious purposes.
Thursday, January 24, 2008
NYBOT Plans to Close Trading Floor - The End of an Era / Commodities / Financial Markets
By: George_Kleinman
“They're not just getting rich…they're getting even”--Trading Places [1983]
There's an electric tension in the air as our heroes, Louis Winthorpe III and Bill Ray Valentine, muscle their way through the crowd of traders lining the New York Board of Trade's (NYBoT) frozen concentrated orange juice (FCOJ) trading pit. The traders are nervous with the anticipation of what's to come, sweating from the heat generated by more than 100 tightly packed bodies. The clerks manning the phones surrounding the pit are on high alert.
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Thursday, January 24, 2008
Gold and Stock Markets Surge on Monolie Bond Insurers Rescue Plan / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT GOLD MARKET gained 0.8% to break above $900 per ounce in London on Thursday, while European stock markets posted their biggest one-day gains since the Tech Stock Crash bottomed in March 2003.
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Thursday, January 24, 2008
Gold Stocks - The Next Stock Market Sector to Crash? / Commodities / Gold & Silver Stocks
By: Alex_Wallenwein
I have thought hard for a long time about writing this article. There is a danger that it might spook a lot of investors out of gold stocks and gold mutual funds altogether, and therefore bring unnecessary loss to many people. On the other hand, this one article will probably not be that influential.
I cannot shake the feeling that, during the first part of 2008 at least, gold stocks will have a whale of a bad time. Yet, nobody wants to address the subject because most so-called gold bugs are really gold stock bugs. Nobody wants to scare their own customers away, but there is a time when a warning is due, and I think hat time is now.
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Wednesday, January 23, 2008
Gold Stocks Bull Market - Have No Fear, Wave [3] of III of the HUI Gold Bugs Index is Nearly Here / Commodities / Gold & Silver Stocks
By: David_Petch
One fault with Elliott Wave if considered a fault is that price objectives can be reached quicker than anticipated. When small indices such as the HUI are examined, slapping an Elliott Wave count onto it can be rather difficult. Such a small representation of the global indices can cause prices to move rather quickly, so there MUST be some allowance for the behaviour and structure of patterns. I would be the first to admit flaws with the counts presented below, but as described in “The Technical Palette” written in September 2006, using Frame Shift Analysis aids in determination of the correct reading frame of a selected section of chart within surrounding wave structures. By providing a realistic balance with wave structures, a somewhat accurate road map can be painted to guide the investor for where things stand in the big picture.Read full article... Read full article...
Wednesday, January 23, 2008
Mining Stocks Dragged Down By Stock Market Panic / Commodities / Gold & Silver
By: Investmentscore.com
As investors, one of our main goals is to keep various market movements in perspective. The Canadian TSX stock exchange fell over 600 points, leaving many investors with a feeling of panic. As mining equities were dragged lower in the down draft of the TSX fall, many precious metals investors questioned their decision to invest in commodities and now wonder if the bull market is over.Read full article... Read full article...
Wednesday, January 23, 2008
Gold Rallies, European Equities Miss Out on the US Interest Rate Bounce / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES held steady on Wednesday morning in London , recording an AM Fix just off the overnight low of $887.80 per ounce while European stock markets continued to fall despite yesterday's emergency rate cut by the US Federal Reserve.All 30 economists surveyed by Bloomberg News now expect the Bank of England to cut its key lending rate to 5.25% when it meets on Feb. 4th. "From a European perspective," agrees Amit Kara, an economist at UBS, "the Fed cut [also] adds to the risk of more and quicker rate cuts here.
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Tuesday, January 22, 2008
Agricultural Commodities are the Future Not Bank Stocks! / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Ok, so you have never looked at a chart of prices for feeder steers. As the equity markets continue the traumatic process of shedding yesterday's themes in order to move on tomorrow's ideas, investors are going to look at a lot of charts new to their experience. Despite Bailout Bernanke's efforts to save the banks, the financial stocks are passing into history. Agri-Food is the future, not bank stocks.Read full article... Read full article...
Tuesday, January 22, 2008
Gold Stocks to Play Catch Up to Gold Price During 2008 / Commodities / Gold & Silver Stocks
By: David_Vaughn
Gold continues to perform quite beautifully.
And these are not simply short term rallies. These are real highs and very real price gains. Right now there appears to be a great disconnect between the gold price and the price of gold stocks. But I am here to remind you that this disconnect is slowly evaporating away. The following individual below is an individual worth listening to. I like the wise predictions he has put together for 2008. Let's hear a couple of these sound predictions.
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Tuesday, January 22, 2008
Gold and Silver Stocks Held Back by Bearish Stock Markets / Commodities / Gold & Silver Stocks
By: Greg_Silberman
Juniors will move once a stock market bounce gets underway: Whilst we spend most of our time talking about Gold in US Dollars we often fail to recognize that this is truly a global business. Read full article... Read full article...
Monday, January 21, 2008
World Stock Markets Crash on Black Monday / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES dropped 1.6% to hit a two-week low early in London on Monday as global equity markets collapsed on what one Hong Kong stock broker called "another horrible day.""Today it's because of disappointment that the US stimulus package [announced Friday] is too little, too late," said Francis Lun at Fulbright Securities to the Associated Press overnight.
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Monday, January 21, 2008
Gold Still Bullish Despite Early Signs of a Trend Reversal / Commodities / Gold & Silver
By: Merv_Burak
Someone once said “ it was the best of times, it was the worst of times ” or something like that. I guess this past week can be classified as one of those “ worst of times ”, at least for precious metal stocks. About now you're probably wondering what's happening? Let's get right to it then.
GOLD : LONG TERM
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Monday, January 21, 2008
Precious Metals Consolidation on US 50 Basis Point Interest Rate Cut / Commodities / Gold & Silver
By: Joe_Nicholson
“Now that gold has hit $900, the question becomes whether this magnetic price that played on the yellow metal for weeks, calling it ever upward, will act like $100 has for oil, or will gold break through. Two factors that tend to indicate gold getting through that resistance level in a matter of weeks if not days, are the difference in the inflation adjusted highs for gold and oil, and the bullishness of the Fed's current rate cutting disposition. It's clear not only will the Fed cut by 50 basis points in January, it will justify … by a view of inflation that overlooks short term measures.” ~ Precious Points: Gold and Inflation , January 11, 2008
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