Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, January 10, 2008
Gold Hits New US Dollar All-time High / Commodities / Gold & Silver
Gold is making new all-time highs today, as the dollar price for spot gold rises above $890 an ounce .Strong fund buying since the start of the new year, momentum in the key Japanese gold futures price, and the launch of a new gold contract in Shanghai helped to fuel the rise, according to Reuters.
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Thursday, January 10, 2008
Crude Oil Finally Made it to US $100, Where Next? / Commodities / Crude Oil
While the media's focus continues to be on the mortgage and credit crisis, oil has quietly been making its way back up to $100 per barrel. Oil has already passed its inflation adjusted peak of $80. If oil continues to rise, it will be more expensive that at any other time in history in real terms.Read full article... Read full article...
Wednesday, January 09, 2008
Agri-Foods Demand Fueled by China - Are Governments Starting to Hoard Grains? / Commodities / Agricultural Commodities
Why are Agri-Food prices rising and stock prices falling? Does a connection exist? Do the markets understand that world is shifting to a new reality? In past decades, around the world a vast amount of money was squandered creating surplus housing and investment bubbles. In same era, little was done to deal with with growing inadequacy of world's ability to feed itself. In the coming years, only way of balancing Agri-Food demand and supply is through higher prices.Read full article... Read full article...
Wednesday, January 09, 2008
Uranium Stocks in Still a Gamblers Market / Commodities / Uranium
Another down day for the uranium stocks. There still seems to be no end to the decline but on the other hand the decline is still in a predictable and acceptable mode. Even some more downside would not change the basic intermediate or long term prognosis. But first, a rundown of what has happened on the close.Read full article... Read full article...
Wednesday, January 09, 2008
Gold SMASHES Through 1980's All-Time High! Next Target $1,000! / Commodities / Gold & Silver
Larry Edelson here with an urgent update on gold: Starting a few minutes before 8 a.m. Eastern Time today ...
• Gold smashed through its all-time record high of $877 per ounce ...
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Tuesday, January 08, 2008
Gold Trades at New All Time High / Commodities / Gold & Silver
SPOT GOLD PRICES leapt at the London opening on Tuesday, shooting 1.5% higher against the US Dollar to hit all-time record highs above $876 per ounce.Australian investors saw Gold Prices break A$995, another new record high. In Canadian Dollars, gold hit C$876 per ounce, while the Gold Price in Euros jumped 1.3% to a new record of €595 – higher by nearly one-quarter from this time last year.
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Tuesday, January 08, 2008
Gold Demand Heightened by Iranian Action in the Strait of Hormuz / Commodities / Gold & Silver
Gold was down $3.70 to $859.30 per ounce in New York and silver was down 14 cents to $15.16 per ounce yesterday. But gold is up sharply in Asia and early European trading and the London AM Fix was at $873.25. While profit taking and consolidation were to be expected gold has continued to surprise to the upside and has reached new record highs. Gold's new historic record beat the previous all-time pinnacle of $868.89 set last Thursday amid unrest in Pakistan, a faltering dollar and as oil struck an historic peak above $100 a barrel.Read full article... Read full article...
Monday, January 07, 2008
Inflation, Deflation - A Mexican Standoff / Commodities / Gold & Silver
The inflation and deflation camps are now at completely opposite ends of the spectrum – each staring the other down in a Mexican Standoff of sorts. In this regard it's not uncommon to find articles telling us why inflation is the big concern right along side others that provide lucid arguments as to why 1929 is just around the corner. And as noted in our alert yesterday , not since the year 2000 have we witnessed such complacency in the trade considering what's happening out there, where if this keeps up at some point the equity complex will just snap-off one morning with big down days over seas leading the way. Of course on the flip-side of this, and as Dave pointed out the other day , history has proven that shorting technical set-ups like we have right now has proven expensive for the bears, and that most should abstain from shorting stocks. So, the 64 trillion dollar question arises, ‘who is right?'Read full article... Read full article...
Monday, January 07, 2008
Gold on Target to Achieve $1000 Early 2008 / Commodities / Gold & Silver
Gold was down $2.80 to $863 per ounce in New York on Friday and silver was down 5 cents to $15.30 per ounce. Gold is marginally down in Asia and Europe and the London AM Fix was at $857.50. Gold started the first week of the New Year very strongly and was up some 3% in last weeks' shortened first week of trading and thus some profit taking and consolidation were to be expected.Read full article... Read full article...
Monday, January 07, 2008
Asian Stock Markets and Crude Oil Dips as Gold Rallies / Commodities / Gold & Silver
THE SPOT GOLD MARKET bounced from a 0.7% dip early Monday, reaching $861 per ounce by lunchtime in London as crude oil prices slipped on forecasts of warmer weather in Britain , Europe and the north-eastern United States .Read full article... Read full article...
Monday, January 07, 2008
Seeds of Destruction, the Hidden Agenda of Genetic Manipulation - Review Part 2 / Commodities / Agricultural Commodities
William Engdahl's book is a diabolical account of how four Anglo-American agribusiness giants plan world domination by patenting life forms to gain worldwide control of our food supply and our lives. This review is in three in-depth parts. Part I was published and is available on this web site. Part II follows below.Washington Launches the GMO Revolution
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Monday, January 07, 2008
Panic Buying of Agricultural Sector as Global Grain Inventories Hit Record Lows / Commodities / Agricultural Commodities
The agricultural sector was one of the areas we found most attractive in 2007. We expect that will remain the case. Long term global price and demand trends remain positive. Recent developments include:Read full article... Read full article...
Sunday, January 06, 2008
Gold Hits New All Time High? / Commodities / Gold & Silver
A good week. Was it a new all time high? And even if it was, so what? Some comments below.
NEW ALL TIME GOLD HIGH ??
There was some comment in the media about gold making a new all time high on Wednesday. Did it? And if it did, what does it mean?
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Sunday, January 06, 2008
Gold and Silver Corrective Wave Due / Commodities / Gold & Silver
From a technical standpoint, gold still has room to run, at least up to the November high and probably beyond. Whereas the technical picture in the white metal had been pointing lower, the recent performance in tandem with gold now supports a more optimistic outlook. Gold has a decidedly bullish look about it, but it will take clearing $855 before some will finally put to rest any lingering suspicions of a deeper correction. An impulse in gold beyond that level would probably be matched with silver moving through $15.50 if not $16. Gold can be expected to reach record highs, but the fate of the housing market, the economy at large, and other exogenous factors may still determine the extent of that move. If last week's signal was the triangle in gold, then this week's might be silver at $15. ~Precious Points: Super Breakout! December 29, 2007Read full article... Read full article...
Friday, January 04, 2008
Gold Mega Move Underway, Stay With It! / Commodities / Gold & Silver
As we enter 2008, gold is hitting a new record high. That's a great way to kick off the new year and it looks like there's a lot more to come. Why?
This commodity upmove is over six years old, yet it's still young and it'll likely last another decade before it's over. The falling dollar has certainly given the commodities a boost and there's really no reason why the dollar will strengthen next year, which is a positive sign for the commodities.
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Friday, January 04, 2008
CRB Commodity Price Index Trend Manipulation / Commodities / CRB Index
Around 33 centuries ago, one of the most famous men in history hiked up a mountain probably now known as Jabal al Lawz in today's northwestern Saudi Arabia . There Moses met with God. God Himself carved commandments into stone tablets for Moses to share with His people, the Israelites. These commandments eventually became a major part of the legal foundation for western civilization.
One of these commandments preserved in the book of Exodus is “You shall not bear false witness against your neighbor.” While most obviously commanding us not to lie, I believe this commandment goes well beyond lying. It probably also includes presenting true information in such a way that it will likely mislead when interpreted. A modern word that comes to mind along these lines is “nuancing”.
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Friday, January 04, 2008
Uranium Stocks Rally Continues into 2008 / Commodities / Uranium
Well, the rally continues. The Merv's Daily Uranium Index of 50 stocks closed with a gain of 0.059 points or 1.37%. There were 36 winners, 12 losers and 2 unchanged. A three to one ratio of winners to losers is not bad for a day's work. The largest five stocks by market value did even better. Cameco gained 1.5%, Denison gained 3.9%, Paladin gained 4.6%, UEX gained 6.9% and Uranium One gained 5.7%. The best performer today was Formation Capital with a gain of 19.7% while the worst performer was Magnum Uranium with a loss of 9.6%, this after I just posted a gambler's recommendation on it. How's that for timing of the wrong kind. Looking at the chart the negative move is still well within its daily chart up trend (see the chart below).Read full article... Read full article...
Friday, January 04, 2008
Gold Strongly Bullish Outlook for 2008 / Commodities / Gold & Silver
Gold in 2008 will see a gear shift in its evolution to higher prices still.Although we do not have sufficient space here to cover the full picture of why, [this will be seen in the full issue of the newsletter by subscribers] we can give you one aspect of why. This feature will be one of "moves to extremes" in a variety of markets as "dramatically difficult days" will hit some markets and "couldn't be better days" hit others.
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Friday, January 04, 2008
Gold and Commodity Prices Surge on Eurzone Inflation Data / Commodities / Gold & Silver
SPOT GOLD PRICES bounced on Friday from an early dip in London, recording an AM Fix of $858.75 per ounce – some 0.7% below Thursday's new all-time high – before touching $862 as the US open drew near.Read full article... Read full article...
Friday, January 04, 2008
2008 Huge Profit Opportunities in Gold and Natural Resources / Commodities / Resources Investing
Larry Edelson here. Already, in just the first trading day of the year, crude oil broke through the $100-a-barrel mark for the first time ever! Meanwhile, gold rose above $860 an ounce, flirting with a new all-time high!
Are these signs of more upside ahead? I sure think so! And today I want to tell you why.
The subject is simply too big to cover in one issue, but here's an overview of what I see in the coming year. Let's start with three important forces that will affect the markets in 2008 ...
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