Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, August 11, 2007
The Aborted Plan to Sell Italian Gold / Commodities / Gold & Silver
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
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
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
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 $40. Each stock has a chart and a paragraph analysis of its six to 18 month technical outlook. With that shameless promotion out of the way let's get to some analysis of gold and the gold stocks.
This lengthy update gives a lengthier look at gold and the gold stocks. Say a one to two year outlook.
Read full article... Read full article...
Wednesday, August 08, 2007
The Race for Arctic OIl, Gas and Metal Resources / Commodities / Arctic Resources
Sean Brodrick writes: A lot of people are going to the Arctic these days.
The U.S. is sending an icebreaker there to help expand its territorial claim … Canada is planning on building as many as eight armed patrol ships and a deep water port to reassert its sovereignty over Arctic territory … and last week, Russian explorers planted a national flag on the seabed under the North Pole.
Read full article... Read full article...
Wednesday, August 08, 2007
Silver Stocks SSRI and PASS Buck the Trend / Commodities / Gold & Silver Stocks
Silver prices have risen moderately in recent trading and yet many silver stocks are falling.
Two of our silver stocks are bucking the trend in silver stocks, rising nearly 10% in the last few trading sessions. This is what we; as investors want to see, silver stocks that rise considerably when silver prices rise moderately. When silver prices rise considerably at the end of the summer, these silver stocks will lead the way to incredible gains.
Read full article... Read full article...
Wednesday, August 08, 2007
GOLD THOUGHTS - Rise of Gold Over Paper Equities Continues / Commodities / Gold & Silver
As U.S. mortgage market infrastructure continues in collapse, era of paper assets is fading into history. Last week's chart showed that Gold has provided higher returns than paper assets over past ten years. Today's graph places situation in a longer term perspective. Era of real assets, personified by Gold, is early in a cyclical upswing. Good part is yet to come. Plotted is ratio of US$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
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
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
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
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
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...
Monday, August 06, 2007
Gold Analysis “A Star Rises!” / Commodities / Gold & Silver
Take a look below at gold's Friday price action. Gold is so much like a spring. Every time it finds itself being pushed down it jumps right up again. What you are looking at below is the evidence of a true bull market in action.Read full article... Read full article...
Monday, August 06, 2007
2008 – 2012: A Critically Important Period - Migrating to New Energy Paradigms Part 4 / Commodities / Energy Resources
Preface - The benchmark against which I have been measuring the appropriateness of various alternative energies has been: “Does this particular technology offer the potential to represent a sensible replacement for oil across the planet within a decade? Alternatively: Can it replace coal within 25 years?”
I am sensitive to the possibility that some readers may have been irritated by my apparently cavalier predisposition to dismiss various alternative energies which they may be favouring. In this context, let me clarify my position: I dismiss nothing out of hand. There is no insurmountable shortcoming of, for example, solar power or wind power. We should continue to embrace both. However, neither of these can (yet) generate sufficient energy to replace that generated by burning approximately 240 million equivalent barrels of oil a day; and neither will be capable of achieving this objective within either of the two deadlines. The issue is “time” as this article will demonstrate. We do not have the luxury of time. We also do not have the luxury of making any serious strategic mistakes.
Read full article... Read full article...
Sunday, August 05, 2007
Weekly Gold and Silver Technical Analysis Report - 5h August 2007 - Technically Precious with Merv / Commodities / Gold & Silver
And away we go. The plunge of the previous week is almost corrected – except for the volume. On the whole, speculators are still leery about this market so the up side is still not a done deal.
GOLD
I find so often that a quick glance at a long term P&F chart quickly tells us where we are in the scheme of things. With the daily ups and down of the gold market one can quite quickly get confused and frustrated wondering where we stand. The chart above tells us we are still in a long term bull market but below previous highs. Although bullish, we are moving laterally within that trend. We have two serious resistance levels to overcome before we can say that we are in a new raging bull market. Those resistance levels are the $690 and $720 levels (keeping in mind that with a $15 unit chart one needs $705 and $735 to breach these levels).
Sunday, August 05, 2007
Gold and Silver Analysis - Tough Love from Bernanke and Co? / Commodities / Gold & Silver
“The extension of the bull market in precious metals may very well still be preparing to get underway… The daily chart shows gold approaching oversold levels on the RSI and first support at the 200-day moving average… An upward move faces overhead resistance at the 5-week moving average, about $664, and the 5-day average at $672. Silver… has a relative equilibrium point around which the white metal may remain bound until the fundamental undercurrents suggesting a new surge in metals are realized.” ~ Precious Points: Precious Mettle , July 28, 2007
Read full article... Read full article...
Friday, August 03, 2007
MPTrader -Crude Oil Pressing Support Trendline / Commodities / Exchange Traded Funds
Right now the US Oil Trust (AMEX: USO) is down about $0.80 and pressing against its June-Aug support line at 56.80, which if broken should trigger downside acceleration towards the next key support plateau at 54.75-54.20. Such a move will represent a 40-45% downside traverse across the bullish price channel -- and a "natural" support area where we might expect weakness in the USO to find new buying interest.
Read full article... Read full article...
Friday, August 03, 2007
Gold Forecaster A Step Towards a Structurally Higher Gold Price - U.S. Protectionism & Capital Controls / Commodities / Gold & Silver
As the move to keeping what nations have already Protectionism is in full swing. This will inevitably disturb the currency world, who quite rightly will look to something that will protect them from the rising volatility in the currency markets alongside seeping confidence from the U.S $. This 'something' will include gold and gold investments. Both Protectionism and Capital Controls will enter the scene as this happens as testified to by history.
Read full article... Read full article...
Friday, August 03, 2007
Uranium Stocks Bullish Secular Trend / Commodities / Uranium
Scott Wright : With a commodities bull market in full swing, commodities-stock investors have enjoyed incredible results leveraging their favorite commodities. And commodities-stocks' performances have vastly exceeded the impressive double of the major market indices over the last four years.
As one of the few stock investors to have traded this commodities bull since the beginning, I have observed different commodities begin their bulls at different times with most developing different trading patterns. All commodities are not created equal, yet many of these trading patterns are indeed predictable to some extent.
Read full article... Read full article...
Friday, August 03, 2007
Silver Stocks - Hecla Mining: Buy / Commodities / Gold & Silver Stocks
We are giving a BUY signal on Hecla Mining. It is has been marked as a BUY for a long time in our silver portfolio , but we are issuing an additional BUY signal as we think at this point one should add to any holdings in Hecla that one may have and if one has not yet established a position in this stock, now is the time to build that position.
Read full article... Read full article...