Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, October 07, 2007
Precious Metals and the Gold Bugs Headed Higher? / Commodities / Gold & Silver
Gold finished the Minor degree wave 3 of Intermediate degree 1 up on May 12th at $730.40. Gold 's Minor degree wave 4 was a Symmetrical Triangle , a consolidation pattern of the Minor degree wave 3 rally that started back in 2001 and extended into the May 12th, 2006 top. Waves a through e within wave 4 are complete. A break above $730 has confirmed that the triangle is complete, and wave 5 up is underway, and is a “buy” signal .Read full article... Read full article...
Saturday, October 06, 2007
Emergency Capital and Exchange Controls Would Benefit Gold / Commodities / Gold & Silver
When Exchange Controls were imposed in Britain in 1971 the country was caught off-guard by the speed of their imposition. That was when the gold price really took off eventually rising from $42 an ounce to $850 in the 1980's.Read full article... Read full article...
Friday, October 05, 2007
Gold and HUI Bull Seasonals Point to Strong Gold Bull Market Rally / Commodities / Gold & Silver
As the nights lengthen, the leaves change color, and the chill winds of autumn begin to blow, the seasons are on everyone's mind this time of year. But it is not only these natural seasons driven by orbital mechanics that are changing. The most bullish seasonal time of the year for the precious metals and their miners is nearly upon us.
The mere fact that precious metals have seasonal tendencies is often surprising to traders. Everyone can understand why a soft commodity like wheat is seasonal. Due to the Earth's axial tilt and its annual revolution around the sun, there is one primary growing season in the northern hemisphere. Thus wheat supplies typically peak just after harvest before shrinking until the next harvest. Since the celestial seasons affect supply, and supply and demand drives prices, the Earth's seasons play a major role in wheat price trends.
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Friday, October 05, 2007
Gold and Silver: You Can Trade This Bull Market / Commodities / Gold & Silver
What a difference a month makes! Gold closed at $731 and the HUI hit 400 , which makes the job of writing this update more of a pleasure. We will start with both the chart of the HUI and the chart of gold. Both have moved to higher ground aided by the Federal Reserve who pitched in with a 50 basis points rate cut. The US dollar weakens and gold strengthens as their inverse relationship continues.Read full article... Read full article...
Friday, October 05, 2007
Gold Slips on Third Day of "Healthy Correction" as US Jobless Claims Rise / Commodities / Gold & Silver
SPOT GOLD PRICES slipped yet again in London on Thursday morning, recording the third falling AM Fix on the run at $726.75 per ounce.
On the currency markets, both the British Pound and the Euro gained a cent from yesterday's one-week lows against the US Dollar, after the Bank of England and European Central Bank both kept their interest rates on hold.
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Thursday, October 04, 2007
Your Next Big Profits from Gold, Agricultural, OIl Water Stocks / Commodities / Agricultural Commodities
Larry Edelson writes: On July 26, I told you the dollar's demise was going to dramatically affect you in myriad ways, not the least of which would be soaring commodity prices — especially gold — and falling stock prices.
Then, on August 23, I said the second phase of the inflationary commodity boom was about to explode higher, as the subprime mortgage crisis hit the U.S. economy hard, and that Fed Chairman Ben Bernanke would flood the economy with paper money.
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Thursday, October 04, 2007
Gold Slips on Third Day of "Healthy Correction" as US Jobless Claims Rise / Commodities / Gold & Silver
SPOT GOLD PRICES slipped yet again in London on Thursday morning, recording the third falling AM Fix on the run at $726.75 per ounce.
On the currency markets, both the British Pound and the Euro gained a cent from yesterday's one-week lows against the US Dollar, after the Bank of England and European Central Bank both kept their interest rates on hold.
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Thursday, October 04, 2007
Stagflation-Proof Yourself with Agriculture Commdodity Investments / Commodities / Agricultural Commodities
In addition to monetary inflation, which I wrote about in part one of this series, another well known-driver for the higher prices in agricultural commodities has been the use of corn for the production of ethanol. That increase in the intrinsic value of corn has translated into higher prices for other agricultural commodities because land replanted for the growing of maize means less available for the production of wheat, soybeans, cotton, etc.Read full article... Read full article...
Thursday, October 04, 2007
Gold Consolidating and Expected to Resume Uptrend / Commodities / Gold & Silver
GoldGold was flat yesterday and was up 20 cent from $729.70 to $729.90.
It traded slightly down in the New York Access market and has traded sideways in Asian and early European trading. At 1200 GMT gold was trading at $727.40
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Thursday, October 04, 2007
PEAK GOLD - A Primer on the Economics of Gold Mining / Commodities / Gold & Silver Stocks
Barrick Gold Mining Company Execs Continue to Exercise Options and Sell Shares: In Part Four I revealed that when it comes to owning Barrick shares, the two top Barrick executives, CEO Greg Wilkins and CFO Jamie Sokalsky have voted with their feet. In retrospect it looks more like a stampede of insiders out of Barrick shares and options.Read full article... Read full article...
Thursday, October 04, 2007
Gold Forecast - Gold Price Is Being Driven By Macro-economics and Currencies / Commodities / Gold & Silver
We mentioned briefly in the market section at the start of this issue that there has been a change of tides, and possibly a change as fundamental as a change of current. Yes, last week will be seen in history, as an important one for the global economy and gold alongside other precious metals. We write this section because until last week the price range of gold was seen only in the context of May 2006 price ceiling of $730.Read full article... Read full article...
Wednesday, October 03, 2007
Brazilian Ethanol – Not the Solution But Part of the Energy Solution / Commodities / Ethanol
Worldwide, the United States is the largest producer of ethanol with Brazil running in second place. Brazil is the largest exporter with significant land available to ramp up production.
Ethanol in Brazil started in 1975 when the military government started a program which gave consumers tax breaks if they purchased ethanol-powered cars and fixed prices and purchased farmers production. The government also invested in research which has improved the yields three-fold in the past 30 years.
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Wednesday, October 03, 2007
Uranium Investing - A Distant Metal Thunder / Commodities / Uranium
Sean Brodrick writes: Earlier this year, uranium was on a roll, then the price swooned. Uranium mining stocks tumbled even further. What went wrong?
Uranium users balked at the high prices, and they put off buying today what they could buy in a few months. At the same time, new supply came on the market, some from speculators and some from the government's stockpiles.
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Wednesday, October 03, 2007
AGRI-FOOD THOUGHTS - Chinese Consumption of Soyabeans Soars / Commodities / Agricultural Commodities
Grains prices continue to ride to historical highs on the shifting demand patterns around the world. Led by higher incomes in China and India, a consequence of rapid economic growth, consumption of food will set new records each year for the next two decades. Chart below shows the incremental annual demand for soybeans coming from several nations.Read full article... Read full article...
Wednesday, October 03, 2007
Derivatives Implosion Benefits Gold Bull Market / Commodities / Gold & Silver
"Time to Trim The Wicks!”
Is not this gold bull simply amazing? Though I will share with you that there are a lot of gold investors waiting for gold to crash back down to 640. Sorry folks. Ain't going to happen.
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Wednesday, October 03, 2007
Gold Safe haven as US Dollar Under pressure on Recession Concerns / Commodities / Gold & Silver
GoldGold took a well earned and well signposted breather yesterday after its recent large rally. Gold was down 2.4% from $747.40 to $729.70.
It recovered towards the end of trading and rose in the New York Access Market and in early trading in Asia.
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Wednesday, October 03, 2007
Gold Dips After Overnight Bounce; Central Banks to Stay "On Hold" as Inflation Rises, Growth Slows / Commodities / Gold & Silver
SPOT GOLD PRICES gave back an early 0.5% rally in London on Wednesday to bounce off $731 just ahead of the US open.Read full article... Read full article...
Tuesday, October 02, 2007
Waiting to Sell Short the Energy Sector ETF (XLE) / Commodities / Oil Companies
The S&P Select Energy ETF (AMEX: XLE) is at a crossroads right here. On one hand, I can make the case that all of the action since the 9/21 high at 76.30 represents a high-level congestion area between 76 and 73.50, which when complete (in a matter of hours) should resolve itself in one more thrust to new highs that projects to 78-79 prior to the end of the entire upleg from 8/16 (62.73).Read full article... Read full article...
Tuesday, October 02, 2007
Gold Sell-off from 28year Highs Expected to be Short-lived / Commodities / Gold & Silver
GoldGold made a new 28 year high close on the COMEX in New York yesterday. It closed at $746.90 and has sold off in Asian and early European trading.
The dollar has rallied and oil sold off which may be leading to profit taking in gold. Gold was due a breather after the large run up in recent weeks and profit taking and consolidation is to be expected.
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Tuesday, October 02, 2007
Spotting Value in Gold Mining Stocks / Commodities / Gold & Silver Stocks
"...Why are gold-mining stocks lagging the gold price so badly – and what can mining exec's do to fund their operations from here...?"
WHAT'S UP with gold mining stocks?
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