Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Friday, January 04, 2008
Gold Hits a New All Time High on Investor Stagflation Fears / Commodities / Gold & Silver
SPOT GOLD PRICES continued to hit a series of all-time record highs on Thursday, touching $868 per ounce for the second time late in London trade after recovering from a 1.5% pullback on stronger-than-expected US jobs data.Read full article... Read full article...
Friday, January 04, 2008
Natural Gas ETF Bull Run to take a Breather / Commodities / Natural Gas
The enclosed 4-hour chart of the U.S. Natural Gas Fund ETF (AMEX: UNG) shows yesterday's high as 38.45, but I show a high at 38.05 on my other systems. In any case, although the UNG was very overbought and in need of a pullback, the fact that today's "rest" is so shallow is a very bullish technical sign. In a perfect technical world, I would look for additional weakness that presses the UNG to 36.50 prior to the start of a new and very powerful upside extension (towards 40-41). In an imperfect world, however, we might now see the UNG beneath 37.20/00 prior to the resumption of strength. For the time being, I will wait on the sidelines for a while longer.Read full article... Read full article...
Thursday, January 03, 2008
Gold New Year Breakout Signals Strong Gains for 2008 / Commodities / Gold & Silver
What a terrific start to the year for gold! When you see a breakout to new highs on the 1st trading day of the year like this for a commodity it normally signals further strong gains as the year continues.Read full article... Read full article...
Thursday, January 03, 2008
Gold Soars and Global Turmoil and Plans for China Gold Futures Exchange / Commodities / Gold & Silver
Well, according to gold bears gold was supposed to go down.Instead it is going up. Makes no sense, huh? I'm really not a nut to get hung up over the gold price. I merely see the price as a reaction to events happening around us.
Well, another decade is coming soon right around the corner. Seems like the last decade barely got started. Seems like yesterday was 2001 and an entire fresh ten years was before us. And the older we get time seems to go faster and even faster. I remember in 2001 making estimates of where the new decade would take us and where we would be when 2010 came. What has happened these past years?
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Thursday, January 03, 2008
Commodity Bull Market Super Cycle - Ready to Rumble on in 2008 / Commodities / Resources Investing
“A trend in motion, will stay in motion, until some major outside force, knocks it off its course.” After gyrating within a sideways trading range over the past 18-months, the “Commodity Super Cycle,” measured by the Dow Jones-AIG Commodity Index, (DJCI), resumed its upward course in the second half or 2007. Led by the agricultural, energy, and precious metal sectors, the DJCI closed at an all-time high.
According to famed hedge-fund trader Jimmy Rogers, the 20th century has seen three secular bull-markets in commodities from 1906-1923, and from 1933-1955, and 1968-1982, spanning an average of 15-years. The current bull market for the DJCI is now six-years old, and Mr Rodgers thinks the “Commodity Super Cycle” has many more years to run, albeit with some nasty corrections along the way.
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Thursday, January 03, 2008
Buy Gold Whilst Its Still Cheap - US Dollar Doomed / Commodities / Gold & Silver
This is almost a “No Comment Necessary” article. Take a good look at this US Dollar Index chart and witness the ominous Head-and-Shoulders pattern beginning to show itself.
Ironically, the flattening red line of the 50 day moving average slices right through the “head” of the formation - precisely at the neck line. An ominous sign, indeed! Not so much from a technical standpoint, of course, but from a symbolic one.
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Thursday, January 03, 2008
Forecasts 2008: Sinking US Dollars, Gold Record Highs / Commodities / Gold & Silver
"...Want a racing certainty for the coming year? Central banks everywhere will either cut or hold interest rates, making the currency markets a suck of ever-shrinking real worth..."
WHO CAN REALLY SAY what 2008 will bring?
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Wednesday, January 02, 2008
Natural Gas Gaps Higher / Commodities / Natural Gas
Natural gas futures are up about 3.5% this morning, strength that is in sympathy with the rest of the commodity complex, such as gold, oil and the euro, which is attracting money flow on this first trading day of 2008. Purely from a technical perspective, let's notice that the U.S. Natural Gas Fund (AMEX: UNG) has started the session (and the year) with a powerful up-gap open, and has continued still higher -- towards a confrontation with the declining 50 DMA, now at 37.98. At this juncture, my work points higher, to a next target zone of 38.00/40.Read full article... Read full article...
Wednesday, January 02, 2008
Gold New Year Rally, Experts Forecast New Record High for Gold in 2008 / Commodities / Gold & Silver
THE SPOT GOLD MARKET for immediate delivery rose strongly in Asia early Wednesday, gaining more than 1% to recover Monday's two-month highs and recording an AM Fix of $840.75 per ounce as London re-opened for business after the New Year's holiday.
In Tokyo the Nikkei stock index dropped 1.6% on the first trading day of 2008, while Chinese stocks ended the session almost 1% lower.
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