Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, August 16, 2007
Creating NEW Wealth - Migrating to New Energy Paradigms Part 6 / Commodities / Energy Resources
By now, with the markets causing heart palpitations, readers should be receptive to what this author has been attempting to communicate. The preceding articles in this series were intended to enable readers to gain a clearer understanding of the real (as opposed to perceived) problems being faced by humanity. For ease of reference they are summarised in Appendix 1 hereto. We can now turn our attention to developing a plan to solve these problems in the shortest possible time and at the lowest possible cost.
Summary and Conclusions
This concluding article articulates a Vision which will allow for most of the defined problems to be addressed. As a side effect, the USA can once again aspire to become an export oriented country operating at a surplus. Debt levels can begin to shrink.
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Thursday, August 16, 2007
Gold Bounces as World Stock Markets Slide; "No Bid" for Asset-Backed Derivatives / Commodities / Gold & Silver
SPOT GOLD PRICES ticked lower during a torrid session for Asian and European stock markets early Thursday, avoiding the worst of the current sell-off in financial assets to record a Morning Fix of $664.15 per ounce in London . Read full article... Read full article...
Thursday, August 16, 2007
The 'PAIN' In Precious Metals Stocks! / Commodities / Gold & Silver Stocks
If you're reading this article we likely know how you're feeling about your investments. You probably feel a little anxious, uncomfortable, worried, you may be thinking about selling or you have recently sold some of your investments. You may not be adding to positions or you may have stopped viewing your trading account because you do not want to see your accounts performance.How do we know this? Read full article... Read full article...
Wednesday, August 15, 2007
Private Investors Moving into Gold - Autumn in August? / Commodities / Gold & Silver
"...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.
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Tuesday, August 14, 2007
Crude Oil Reaches Seasonal Peak While Natural Gas Begins Its Climb / Commodities / Crude Oil
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
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.
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Monday, August 13, 2007
MPTrader - Oil Stocks In Recovery Bounce / Commodities / Oil Companies
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).
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Monday, August 13, 2007
Gold Analysis - How Asia Saved America - Maybe! / Commodities / Gold & Silver
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.
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Monday, August 13, 2007
Daily London Gold Market Report - Chinese Inflation Data Bullish for Gold / Commodities / Gold & Silver
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.
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Sunday, August 12, 2007
Gold and Silver Analysis - Bernanke the Maestro / Commodities / Gold & Silver
“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
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Sunday, August 12, 2007
Weekly Gold and Silver Technical Analysis Report - 12th August 2007 - Technically Precious with Merv / Commodities / Gold & Silver
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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