Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, August 15, 2007
Private Investors Moving into Gold - Autumn in August? / Commodities / Gold & Silver
By: Adrian_Ash
"...In a credit crunch, it's often said, cash is king. In which case, gold's just been crowned emperor..."
AT LEAST THE weather here in London suits the markets. More like October than August, the constant drizzle is broken only by chill gusts of wind, rattling the windows like a late autumn gale.
Read full article... Read full article...
Tuesday, August 14, 2007
Crude Oil Reaches Seasonal Peak While Natural Gas Begins Its Climb / Commodities / Crude Oil
By: Donald_W_Dony
The normal annual demand forces for oil have reached a crest again. Mid-year driving pressures, which usually peaks in between early August to as late as mid-October, has forced this commodity once more to roar over $78 in early August in similar fashion to last year. Oil then follows a typical path of drifting downward to a low late in the 4th quarter. Natural gas, on the other hand, begins to escalate upwards during this time and tops in October to December depending on winter weather.Read full article... Read full article...
Tuesday, August 14, 2007
Gold Treads Water as "Carry Trade" Unwinds; Bank of Japan Recalls Loans / Commodities / Yen Carry Trade
By: Adrian_Ash
SPOT GOLD PRICES for immediate delivery were little moved against the US Dollar early on Tuesday, slipping 0.3% to record an AM Fix in London of $667.35 per ounce.
But gold rose against all other major currencies besides the Japanese Yen, however, as European bourses struggled to recover after opening the day 0.5% lower.
Asian stock markets outside China also pulled back or held steady at best, with shares in Sydney ending 0.8% lighter after sharp falls in the banking and home-loans sector. South Korea 's Kospi index dropped 1.7%. Hong Kong shares ended 0.5% higher.
Read full article... Read full article...
Monday, August 13, 2007
MPTrader - Oil Stocks In Recovery Bounce / Commodities / Oil Companies
By: Mike_Paulenoff
Once again we have oil prices (+$1.40) climbing sharply along with equities, which purely is a function of market liquidity -- that is, the re-entry of market liquidity. Central Bank infusion has alleviated the immediate real or psychological need to jettison commodities to raise cash. From a technical perspective, oil and the US Oil Trust (AMEX: USO) were overdue for a recovery rally into the Thurs-Fri lows around $54 (basis the USO).
Read full article... Read full article...
Monday, August 13, 2007
Gold Analysis - How Asia Saved America - Maybe! / Commodities / Gold & Silver
By: David_Vaughn
Doesn't that chart below look sweet?
Of course I am optimistic. But I will admit that my optimism is built on a foundation of strong favorable fundamentals. And what you are observing below is one of those strong fundamentals acting in over drive. And so be it. I will not stand in its way.
Reading an interesting book, “How the Irish Saved Civilization,” Thomas Carhill. The premise of the story is that as the Roman civilization was crumbling one Irish man through a gargantuan effort began preserving western civilization for modern posterity. And of course the irony is that the Irish were the least civilized of that era yet they played an important and life preserving role in preserving ancient civilized knowledge, technology and literature.
Read full article... Read full article...
Monday, August 13, 2007
Daily London Gold Market Report - Chinese Inflation Data Bullish for Gold / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES slipped against the US Dollar early Monday, opening the week in London just shy of last week's start around $671 per ounce as global equity markets rose in response to fresh injections of cash from the world's leading central banks.
"Despite the recent sell off in gold from fund managers attempting to raise capital to cover margin calls on loss making positions in their portfolios, the yellow metal should bounce back and react positively given the amount of cash being fed into the global markets," says today's note from Standard Bank.
Read full article... Read full article...
Sunday, August 12, 2007
Gold and Silver Analysis - Bernanke the Maestro / Commodities / Gold & Silver
By: Joe_Nicholson
“The credit crunch panic has worked to the benefit of the metals and those who own them, but blindly relying on this to continue without any sort of correction is a risky bet. Another successful retest of the 5-week moving average, currently below $670, would further solidify the strength of the current uptrend.
“The Fed will attempt to placate what is approaching outright panic in some circles and will feel compelled to amend the language of its statement, but ... will resist an outright rate cut for as long as possible, though it will very likely continue quietly expanding bank reserves to mitigate damage to the system and spur liquidity.” ~ Precious Points: Tough Love from Bernanke and Co? , August 5, 2007
Read full article... Read full article...
Sunday, August 12, 2007
Weekly Gold and Silver Technical Analysis Report - 12th August 2007 - Technically Precious with Merv / Commodities / Gold & Silver
By: Merv_Burak
You'll sleep better at nights if you just focused on the intermediate or longer term trends. As an example, both moving averages of gold remained positive as did the price momentum indicator. Not yet time to panic from the perspective of these time periods.
GOLD : LONG TERM
Despite the volatility in the price action the long term P&F chart has not moved. I'll forgo any analysis of the P&F chart this week. You can go to last week\s commentary which remains unchanged.
As for the normal indicators, these have also changed very little. Gold is still above its long term moving average line and the line is still slightly pointing upwards. Price momentum is still in its positive zone but has been showing weakness versus price action for some time. The volume indicator remains below its trigger line and the trigger is still sloping downward. The volume indicator is the one indicator that has gone negative and has been negative for most of the past few months.
Read full article... Read full article...
Saturday, August 11, 2007
The Aborted Plan to Sell Italian Gold / Commodities / Gold & Silver
By: Julian_DW_Phillips
Sales of gold by European Central Banks are primarily for the adjustment of national reserves in terms of structure or size. They are not intended under the rules of the European Union, intended to pay the bills of the governments of Europe, so when the subject came up, after a consistent record of the Bank of Italy's refusal to even contemplate the sale of the country's gold reserves, everyone was surprised. The reality was suddenly the government of Italy wanted to put their hand into the country's coffers in an exercise that would never have solved the country's debt problems.Read full article... Read full article...
Friday, August 10, 2007
Volatility in the Commodities Bull Market / Commodities / Gold & Silver
By: Aden_Forecast
The commodity markets were bubbling this past month. Oil, lead, wheat and the CRB index closed at record highs and tin reached an 18 year high, driven by China 's fastest growth since 1994.
Volatility then set in as the subprime woes affected the commodity markets, but China and the world's demand for raw materials is the key to the ongoing bull market rises. Double-digit growth in China and a global economic boom of unprecedented proportions will continue to support the base metals, raw materials and precious metals for years to come.
Read full article... Read full article...
Friday, August 10, 2007
HUI Gold Stock Index and Stock Market Bears / Commodities / Gold & Silver Stocks
By: Zeal_LLC
The turbulent financial markets of the past few weeks have certainly been exciting, a welcome respite from the usual lackluster summer doldrums. But whenever volatility increases, especially after a long period of time lacking it, long-latent fears of investors and speculators flare brightly.
The small subset of investors and speculators trading precious-metals stocks has certainly not been immune from this growing unease. On some of the more intense selling days lately in the general stock markets, the HUI gold-stock index fell far more than the flagship S&P 500. This suggests PM-stock traders' fears are spiraling higher even faster than those of the mainstream traders.
Read full article... Read full article...
Friday, August 10, 2007
Technical Analysis Report on 68 Gold Stocks / Commodities / Gold & Silver Stocks
By: Jordan_Roy_Byrne
As per the title, I completed a 71 page report on 68 gold stocks. If you go to my home page, http://www.trendsman.com you can buy this report for the economical sum of $40. Each stock has a chart and a paragraph analysis of its six to 18 month technical outlook. With that shameless promotion out of the way let's get to some analysis of gold and the gold stocks.
This lengthy update gives a lengthier look at gold and the gold stocks. Say a one to two year outlook.
Read full article... Read full article...
Wednesday, August 08, 2007
The Race for Arctic OIl, Gas and Metal Resources / Commodities / Arctic Resources
By: Money_and_Markets
Sean Brodrick writes: A lot of people are going to the Arctic these days.
The U.S. is sending an icebreaker there to help expand its territorial claim … Canada is planning on building as many as eight armed patrol ships and a deep water port to reassert its sovereignty over Arctic territory … and last week, Russian explorers planted a national flag on the seabed under the North Pole.
Read full article... Read full article...
Wednesday, August 08, 2007
Silver Stocks SSRI and PASS Buck the Trend / Commodities / Gold & Silver Stocks
By: Bob_Kirtley
Silver prices have risen moderately in recent trading and yet many silver stocks are falling.
Two of our silver stocks are bucking the trend in silver stocks, rising nearly 10% in the last few trading sessions. This is what we; as investors want to see, silver stocks that rise considerably when silver prices rise moderately. When silver prices rise considerably at the end of the summer, these silver stocks will lead the way to incredible gains.
Read full article... Read full article...
Wednesday, August 08, 2007
GOLD THOUGHTS - Rise of Gold Over Paper Equities Continues / Commodities / Gold & Silver
By: Ned_W_Schmidt
As U.S. mortgage market infrastructure continues in collapse, era of paper assets is fading into history. Last week's chart showed that Gold has provided higher returns than paper assets over past ten years. Today's graph places situation in a longer term perspective. Era of real assets, personified by Gold, is early in a cyclical upswing. Good part is yet to come. Plotted is ratio of US$Gold to S&P 500. When rising, Gold is performing better than paper equities.
Read full article... Read full article...
Wednesday, August 08, 2007
Uranium Mining Stocks Grossly Under Perform Oil Stocks / Commodities / Uranium
By: Greg_Silberman
Uranium mining stocks once the darling of the resources sector have come off the boil. Is this a trend change or a pullback in a very overheated market?
Until recently the market has been going gaga over uranium mining stocks. Some say it was classic bubble syndrome. New floats were coming to market at huge premiums and non-resource companies were rebranding themselves as Uranium explorers.
Tuesday, August 07, 2007
MPTrader - Gold's Sideways Pattern Should Resolve Itself to the Upside / Commodities / Gold & Silver Stocks
By: Mike_Paulenoff
The gold market in general, and the pattern that has developed in the streetTRACKS Gold Shares (NYSE: GLD) recently is very interesting because neither the downward correction in equities nor the 10% plunge in crude oil prices since Aug. 1st has negatively impacted the precious metal.
Meanwhile, the dollar is under pressure vs. the Euro, which is sitting near its historical high, and has declined 6% vs. the Yen since late June... which probably deserves some credit for putting a floor under gold prices recently.
Read full article... Read full article...
Tuesday, August 07, 2007
Metals and Mining Investing and Alternative Strategies / Commodities / Metals & Mining
By: Dudley_Baker
We are of the opinion, based upon our research and the opinions of numerous analysts we respect and follow, that an incredible move to the upside in the shares of natural resources is right around the corner. We may still have some work to do from a technical and timing standpoint for the next few weeks, but we suggest investors should be preparing for this event.
Read full article... Read full article...
Tuesday, August 07, 2007
Silver Market Update - Gold Outperforming Silver / Commodities / Gold & Silver
By: Clive_Maund
The bullish arguments relating to silver are this week almost identical to those set out for gold in the Gold Market update, to which readers are referred , and it only remains to highlight the differences.
Gold has been outperforming silver all year to date, and although this could change anytime, there is no sign of it yet. A recent example is the fact that gold has broken clear out of the restraining “Distribution Dome” shown on its chart, whereas silver has only managed a marginal breakout above its dome pattern. Also, late last week, gold got close to its July high, which silver did not by a margin.
Tuesday, August 07, 2007
Gold Market Update - Crumbling Dollar Increases Chances of Successful Gold Breakout / Commodities / Gold & Silver
By: Clive_Maund
The outlook for gold turned decidedly more bullish last week when it broke above the confines of its “Distribution Dome” for the second time in the space of as many weeks. This breakout, which is less likely to fail than the last one did, has once again put gold in position to break strongly above last year's highs, an event made more and more likely - some would say inevitable - by the crumbling dollar.
Read full article... Read full article...