Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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...
Thursday, August 02, 2007
AMEX Gold BUGS Index Elliott Wave Analysis / Commodities / Gold & Silver Stocks
This article was published on Monday July 30 th for the benefit of subscribers. Well, the anticipated breakout in the HUI, which was counting impulsive represents yet the third failed breakout attempt over the course of the past 12 months. The only saving grace is that the pressure for an upside move is building and when it occurs, Katie bar the door. Fib price retracements of what was thought to be the “start” of wave III are shown on the right hand side denoted in blue. The 61.8% retracement level has been tested, but short-term stochastics having the %K beneath the %D at mid channel depth suggests further downside/consolidation can be expected. The upper 21 MA BB curled down, confirming the top also noted by the lower BB's curling up. Fibonacci time extensions of various waves are shown mid chart, with the next cluster of Fib dates occurring in early August and early September. Expect the HUI to go sideways for another 1-2 weeks at a minimum before going higher.
Read full article... Read full article...
Thursday, August 02, 2007
Commodities Are Starting an Upward Trend Again / Commodities / CRB Index
KEY POINTS:
• CRB Index breaks through key resistance level of 320; stronger commodity market in
second half of 2007
• Oil nearing annual top, as resistance above
$75 builds
• Natural gas strengthens in August; bottom at
$5.30
• Copper prices continue to increase into
September; $4.00 is target
• Nickel finds support at $40.00; improving in
3rd quarter back to May high
• U.S. dollar could break key support of $0.80
in August; gold’s growth set to rise
moderately on new weakness
Wednesday, August 01, 2007
GOLD THOUGHTS - Gold Versus Stock Returns / Commodities / Gold & Silver
WE WIN! This week's chart is of ten year returns on $Gold(7.4% compounded annually) and U.S. paper equities(6.1% total return compounded annually). As the chart shows, the place to have had your money for past ten years has been Gold. These results will no doubt be kept a secret from many investors. Many money management activities are about generating fees, not providing performance. Why tell clients they could have earned more money somewhere else? Is that not one grand and glorious graph! We won, and paper asset are in second place. Remember what they say about second place. Second place is first loser! Will CNBC keep this a secret from investors?
Read full article... Read full article...
Tuesday, July 31, 2007
Canadian Junior Mining Shares Ripe For The Picking / Commodities / Metals & Mining
The opportunities in Canadian junior mining shares has never been better. And now is the time to get in before prices skyrocket higher in my opinion. As mentioned the other day in pointing out the precious metals sector is turning higher, when the Canadian $ heads over parity against the Greenback, American investors will be looking for a home for excess cash they wish to hold in Loonies. And as they work their way down the food chain, eventually they will arrive at junior mining shares, a group that has been all but forgotten by the institutional types because either company or trading characteristics don't meet desired models at this time. That is to say the shares are in the pennies, generally illiquid, and have been heading in the wrong direction (down) for some time now, a characteristic set definitely outside of the desired formula most momentum chasing behemoths (hedge funds) are chasing these days.
Read full article... Read full article...
Monday, July 30, 2007
MPTrader - Gold in Bullish Coil Ready to Spring / Commodities / Gold & Silver
Heading into the final session of July, let's have a look at the very big picture of spot gold, which shows that the price structure has gyrated into the nose of a year-long coil pattern, which is positioned in the top 30% of the entire bull phase from the August 1999 low through the May 2006 high.Read full article... Read full article...
Monday, July 30, 2007
Goodbye Gold Bears! / Commodities / Gold & Silver
Our little friend is just racing to prove itself. And prove itself it will and in a very big way. This little friend of ours is a powerful little friend. This little friend eventually is heading much, much higher. Which means our gold stock profits are going to climb and make many wealthy.
A crisis is occurring before us. Gold is rising and getting ever closer to its present ceiling of 700 an ounce. I know for a fact there are many who worship the gold price and the major tenet in their religion is that gold must fall back to 50 dollars an ounce. How bitterly disappointed and shell shocked these fervent gold bear soldiers must be to continue to watch gold strengthen.
Read full article... Read full article...
Monday, July 30, 2007
Migrating to new Energy Paradigms Part 3 - Market Needs: Real vs. Perceived / Commodities / Energy Resources
This article focuses on the difference between real market needs and perceived market needs. When migrating from our fossil fuel energy paradigm we should avoid embracing new energy paradigm/s which are incapable of addressing real needs.
Many aspirant alternative energy technologies seek to address the perceived problem that our top priority is to reduce CO 2 emissions. In previous articles relating to Global Warming I have tried to demonstrate (and will try again later in this article to demonstrate) that rising CO 2 levels in our atmosphere are not the real problem. Our sun is ultimately causing global warming, which warming is being exacerbated by Greenhouse Gases. There is nothing we can do about this other than gird our loins. Given that Climate Change occurs cyclically, we need to prepare for the coming cycle of Global Cooling.
Read full article... Read full article...
Sunday, July 29, 2007
Precious Metals Analysis - Launching Hummingbirds / Commodities / Gold & Silver
Buy gold and go to the beach: An investment strategy after my heart. So the positive movement in the precious metals markets over the past few weeks was welcome action as the family vacationed at our lake cabin. We were all enchanted by the tiny tenants of a hummingbird nest anchored to a small hemlock in our side yard. Growing vigorously to an overflowing size they were aggressively testing their wings and nearly ready to fly.Read full article... Read full article...
Sunday, July 29, 2007
Weekly Gold and Silver Technical Analysis Report - 29th July 2007 - Technically Precious with Merv / Commodities / Gold & Silver
So, this is what it looks like when you go over the cliff. Danger, professionals at work, do not try this on your own. With a future's volume of over 253,000 on Thursday (the highest daily volume in my 20 years of data), these must be the “professionals” all following the leader like lemmings.
Who's the Boss?
No sooner does one revert back to the bullish side (as I did last week) but the market slaps him on the fingers and shows him who's the boss. The market is just not listening to those of us who would like to see higher gold prices.
Read full article... Read full article...
Sunday, July 29, 2007
Gold and Silver Analysis - Precious Metals Take Less of a Beating than Stocks / Commodities / Gold & Silver
“The Fed's approach to monetary policy may force it to cut rates if the subprime and credit issues reduce overall demand for base money… In addition to the technical indicator provided by the 5-week and 5-day moving averages shown above, the fundamental outlook for the intermediate term is based on this potential devaluation of the dollar if the Fed is forced by credit issues to intervene.” ~ Precious Points: Good as Gold , July 21, 2007
“Bernanke's speech was exactly the sort of rhetoric you'd expect from a man prepared to undertake a massive devaluation to try and stave off a credit crisis.” ~ Precious Points: Are Metals Next , July 14, 2007
Read full article... Read full article...
Saturday, July 28, 2007
Gold Stock Prices Turned Back Down (Again) – Where to now? / Commodities / Gold & Silver Stocks
Gold Stock prices have been turned back again from major resistance. The 3rd time in a year! What does it mean? Are we entering another gut wrenching correction or will we reverse higher?
Can I be forgiven for asking if Gold shares will ever break out?
Read full article... Read full article...
Saturday, July 28, 2007
Great Time to Accumulate Quality Coal Stocks for the Long-term / Commodities / Coal
We're now in the heart of earnings season for the energy patch. By and large, energy companies have reported impressive numbers, but there are some clear winners and losers.
Some of the losers this quarter were the coal stocks, which have seen unprecedented selling pressure during the past two weeks and haven't reacted well to their earnings releases. I think the weakness is vastly overdone.
Read full article... Read full article...