Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, October 03, 2007
Uranium Investing - A Distant Metal Thunder / Commodities / Uranium
By: Money_and_Markets
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
By: Ned_W_Schmidt
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
By: David_Vaughn
"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
By: Gold_Investments
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
By: Adrian_Ash
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
By: Mike_Paulenoff
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
By: Mike_Clark
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
By: Adrian_Ash
"...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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Tuesday, October 02, 2007
Gold Stocks Expected to Correct During October / Commodities / Gold & Silver Stocks
By: David_Petch
The short-term Elliott Wave chart of the HUI is shown below, with the thought path denoted in green. I expect the HUI to hit 401-403 on Monday AM, to complete wave (1).[1].III. Wave (2) should take approximately 4-5 weeks to complete, bottoming around early November. As mentioned last week, wave 1 was longer in time than wave 2, suggestive that wave 1 was to be the longest wave in 2/3 of time, price or complexity for all impulsive waves of Minor Degree (pink).Read full article... Read full article...
Tuesday, October 02, 2007
Gold Suffers Worst Drop in 7 Weeks as Euro Sinks; Expect Physical Demand to Rise; Global Credit Crunch Yet to End / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES sank in Asian and early London trade on Tuesday, dropping 2.1% from the overnight close in New York – when the Dow Jones index of US equities recorded a new all-time high – to bounce off $732 per ounce and deliver gold's sharpest losses since Aug.16th.Read full article... Read full article...
Tuesday, October 02, 2007
Soybeans October Market Secret / Commodities / Agricultural Commodities
By: George_Kleinman
Today I plan to share with you this market “secret”: Soybeans exhibit a very strong tendency to form a seasonal price bottom during the month of October. This bottoming tendency is the result of harvest selling pressure because many farmers sell their crop right out of the fields to generate cash.
This year, with soybean prices relatively high, this market behavior could be even more pronounced than usual. After the harvest selling pressure subsides, the soybean market usually exhibits a profitable post-harvest rally trading opportunity.
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Monday, October 01, 2007
How Central Bankers Control the Gold Price / Commodities / Gold & Silver
By: Adrian_Ash
"...What is it with leading commercial banks – first Credit Agricole...now Citigroup – and their accusations of wanton gold-price manipulation by central bankers...?"
"IT WAS SO embarrassing... "I mean, who in the hell ever let the guy publish that report? Credit Agricole was a laughing stock. Everyone in the gold industry was amazed. It was just ridiculous..."
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Monday, October 01, 2007
Gold Up as Battered US Dollar Falls to New Low Against the Eur / Commodities / Gold & Silver
By: Gold_Investments
GoldGold made a new 28 year high close on the COMEX in New York Friday and again this morning. It closed at $743.10 on Friday and was up to $746.80 in early trading in Europe.
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Monday, October 01, 2007
Gold Dips as US Open Draws Near; Investment Banks Hit by Credit Crunch; London 's Financial Debt Soars / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES ticked higher in Europe on Monday morning, adding to Sept.'s 10% gain to record an AM Fix in London of $745.25 per ounce, before slipping as the New York open drew near to dip below $744.Read full article... Read full article...
Monday, October 01, 2007
Gold Critically Overbought - Reaction Lower to $700 Probable / Commodities / Gold & Silver
By: Clive_Maund
The way to be popular in this business it to tell people what they want to hear, which is that gold and silver are going up, up, up. However, if your priority is to assist people in making money or at least avoid losing it, then being popular has to be a secondary consideration. Read full article... Read full article...
Monday, October 01, 2007
Silver Short-term Fall to Present Another Buying Opportunity / Commodities / Gold & Silver
By: Clive_Maund
Even though recent action in silver has been very positive, with it finally breaking free from the shackles of its “Distribution Dome”, short-term it looks set to react significantly in sympathy with gold, a scenario that is made a lot more likely by last week’s sharp increase in the Commercials’ short positions. The long-term outlook remains strongly bullish, so if the expected short-term reaction occurs it will be viewed as presenting another buying opportunity.Read full article... Read full article...
Sunday, September 30, 2007
Gold and Silver Analysis - Precious Points: Approaching the Moment of Truth / Commodities / Gold & Silver
By: Joe_Nicholson
There can easily still be a higher high before this move is done. Silver could also easily see an extension of this move, probably as high as $14.20... if investor sentiment and underlying economic conditions continue to drive money toward inflation safe havens. Caution requires we not ignore … the certainty of increased housing defaults, the ongoing uncertainty of toxic asset ownership, the (un)health of the American consumer as assessed based on outstanding credit instead of retail sales, and now the pessimism of the Fed. Blowoffs end ugly for everyone except those who are forearmed with the knowledge they are taking short term positions and choose their trade vehicles appropriately. ~Precious Points: Is This the Big One, September 23, 2007Read full article... Read full article...
Sunday, September 30, 2007
Weekly Gold and Silver Technical Analysis Report - 30th Sept 07- Technically Precious with Merv / Commodities / Gold & Silver
By: Merv_Burak
Gold is moving into new high ground for this generation but still over $100 shy of an all time high (not including effects of inflation). Will we get there before the next generation?
GOLD : LONG TERM
The long term P&F chart has tacked on another X and has now given us another long term projection. In my 07 Sept 2007 commentary I calculated three earlier projections. With gold breaking into new high ground a final (for now) projection can be calculated to the $1125 level. Of course there are higher projections based upon a very long term chart shown last week but those are for much later consideration.
Sunday, September 30, 2007
Final Quarter Energy Trends for Uranium and Green Energy / Commodities / Energy Resources
By: Elliot_H_Gue
The final quarter of the year is always a crucial period for the energy markets. The quarter marks both the beginning of the winter heating season and a time when refiners look to rebuild their crude oil inventories. Often, trends that emerge during the quarter carry through into the new year.
With crude oil prices hovering above $80 per barrel and natural gas recovering from its midsummer lows, the fourth quarter of 2007 promises to be even more pivotal for the energy patch than normal. In this week's issue, let's take a look at two trends I'll be watching carefully as we head into the final weeks of 2007.
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Saturday, September 29, 2007
Gold Rockets on US Dollar Troubles / Commodities / Gold & Silver
By: Christopher_Laird
Gold rose Friday well over $740 setting a new high (not inflation adjusted) since 1980. The USD dropped below a key 78 level on the USDX (currency index heavy Euro weighted). Oil is also rising based on USD weakness. This is not just a speculator driven rally in either gold or oil, as has been the case before the USD started to drop and stay below 80 on the USDX – a big change from the last several years.Read full article... Read full article...