Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, July 25, 2007
Buy Feed Corn: They're about to stop making it… / Commodities / Ethanol
That bowl of Kellogg's Cornflakes on the breakfast table, or the portion of pasta or corn tortillas, cheese or meat on the table is going to rise in price over the coming months as sure as the sun rises in the East. Welcome ladies and gentlemen to the new world food price shock, conveniently timed to accompany our current world oil price shock.Read full article... Read full article...
Wednesday, July 25, 2007
Investing in Groceries / Commodities / Agricultural Commodities
Sean Brodrick writes: You've probably heard plenty of talk about how rising demand for ethanol is driving up the price of corn. But that's just the tip of the iceberg lettuce.
Food prices of all types are rising at a fast clip around the world. In fact, they're up an average of 23% in the past 18 months, according to data from the International Monetary Fund.
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Wednesday, July 25, 2007
Daily London Gold Market Report - Gold Falls to Trendline Support on Dollar Rally / Commodities / Gold & Silver
SPOT GOLD PRICES fell below $680 for the first time in four sessions early Wednesday, sinking 1.3% from Tuesday's peak to dip beneath $677 per ounce – the current trendline of the rally starting in late June.
The severe pullback in gold only came for US investors, however, as the US Dollar bounced hard from a near record-low on its trade-weighted index. Knocking nearly one cent off the Euro inside three hours – and coming on the back of no economic data whatsoever – the Dollar's sharp rally kept the Euro Price of Gold in a tight range around €493 per ounce.
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Wednesday, July 25, 2007
China Using More Natural Gas Vehicles / Commodities / Natural Gas
Imagine driving up to your local gas station and filling your car's tank with natural gas instead petrol? More and more, this has become the case in some parts of China.
We were excited that someone else finally brought it up.
Tuesday, July 24, 2007
GOLD: What's Next? / Commodities / Gold & Silver
The nagging reality that gold's bull market is 6 ½ years old has caused many to think that gold should have a decent correction this year.
Who would've thought in May, 2006 when gold shot up to $722 that a year later gold would have trouble getting near the $700 level? This does sound toppy, but gold is telling us to stay invested.
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Tuesday, July 24, 2007
Gold: Insurance or Risk Asset? / Commodities / Gold & Silver
"...Could the trend of gold up, everything else up, have just reached its end...?"
IT TOOK A WHILE for the financial media to catch on. "Gold funds fattened on war, global instability and a falling Dollar in 2003," said USA Today as the next year began.
The paper failed to note that none of those calamities had stalled the equity markets ongoing recovery. "Gold bugs hope that 2004 will be even better," it went on, "but an outbreak of good news could dash those hopes."
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Tuesday, July 24, 2007
Agricultural Commodities The Next Great Inflation Hedge / Commodities / Agricultural Commodities
The best way to protect your wealth from the ravages of inflation is to invest in a tangible asset whose supply cannot be increased at the same rate as the currency it is being measured in. Even better is to invest in an asset with growing demand and limited supply whose intrinsic value is increasing.Read full article... Read full article...
Tuesday, July 24, 2007
ASX XGD Breakout – Gold Rules! / Commodities / Gold & Silver
With several key gold stock “break outs” being reported around the globe at present – I have another confirmation for you all – the Australian gold index has broken to the upside as well. Physical gold is a little overbought short term – very short term but I don't expect a deep correction or a long correction just a dip – for now let's look at the companies because they often show strength before physical metals launch. The important 5000 point level has now been broken in the ASX Gold Index – the little known XGD Index (little known even in Australia ) and here is a chart thanks to our friends at Yahoo Finance. You will note the strong RSI level achieved back in April at +80 which warned us this was possible - and now the most important test is the break at the 5000 level.Read full article... Read full article...
Tuesday, July 24, 2007
Daily London Gold Market Report - Gold Demand Remains Strong / Commodities / Gold & Silver
SPOT GOLD PRICES recovered $683 per ounce by late morning in London on Tuesday, but remained shy of yesterday's 11-week peak $2 higher.
"There is good-sized buying out there with the current market price," said Paul McLeod at Commerzbank in New York to Reuters late on Monday. "We are also seeing the buyers move up their targets a little bit. I think the market will be supported underneath here."
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Tuesday, July 24, 2007
Migrating to New Energy Paradigms Part 2 - The Economic Importance of Crude Oil / Commodities / Crude Oil
Peak Oil is defined as the point at which 50% of the world's oil reserves have been consumed, and 50% remain. We all understand that oil is important to the world economy, but just how important is it?
In October 2004 I attempted to answer this question on behalf of a client as part of that client's long range strategic planning process. The amount of work involved was fairly significant so I have chosen to rely on my findings of that time for the purposes of this article. There are two other reasons:
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Monday, July 23, 2007
Gold and Silver Short-term Correction Expected / Commodities / Gold & Silver
It's interesting times for gold and silver as the dollar bears and bulls fight it out over the 80 level of the US Dollar Index. As expected, gold and silver have risen in opposition to the dollar but the $1.15 move over the month for silver and $40 for gold may be getting long in the tooth. First we look at silver and then check out our gold sentiment indicator, which uses google hits on key gold phrases.Read full article... Read full article...
Monday, July 23, 2007
Harry Houdini – Financial Markets Seasonal Patterns -- And Liar's Loans Toxic Waste / Commodities / Financial Crash
Market pundits are coming out of the woodwork prognosticating financial markets are in real trouble now because the subprime mess will spread to other markets, and a ‘ blood bath ' will occur in everything from commercial loans to the stock market. And then select others more conservatively espouse, while they are open to such possibilities given global imbalances / bubbles are undoubtedly stretched, it's not over until the fat lady sings, but that at a minimum we should count on increased volatility in the days ahead.Read full article... Read full article...
Monday, July 23, 2007
Gold Breakout - Are You Awake Yet? / Commodities / Gold & Silver
How about that gold chart below? Does that look like evidence of a crash to you? Give me a break.
Notice anything peculiar in the gold market? If you are real astute you have noticed a predictable oscillation in the gold price this past year or so. This is interesting. This is kind of like looking at a glass half full or half empty. Volatility in a given market can be a good thing or a bad thing.
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Monday, July 23, 2007
Daily London Gold Market Report - Gold Targets Next Resistance at $693 / Commodities / Gold & Silver
THE PRICE OF GOLD traded in a tight range early Monday, briefly nearing Friday's two-month high of $685 per ounce before recording the highest Gold Fix in London since May 9th at $683.50.
"Gold seems to be supported at the moment by both the weak Dollar and strong crude," said a Bank of China gold trader to Bloomberg this morning.
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Sunday, July 22, 2007
Uranium Spot Price Decline Stops for A Week / Commodities / Uranium
Just when the uranium markets begin to look dull – like they did in the 1980s and 1990s, along comes bad news planting the seeds of renewed interest. In October 2006, it was Cigar Lake. In March 2007, flooding at the Ranger operations attracted more investors.Read full article... Read full article...
Sunday, July 22, 2007
Gold and Silver Analysis - Precious Points: Good As Gold / Commodities / Gold & Silver
“There is strong overhead resistance in gold, first at $680 and again just below $700, but over the past year every consecutive weekly close above the 5-week moving average has signaled a move to a new high… Silver resistance lies overhead near $13.40 and again just below $14. If we really start rolling, the possible target for this move is near $14.50.” ~ Precious Points: Are Metals Next?, July 14, 2007Read full article... Read full article...
Sunday, July 22, 2007
Gold and Silver Marketwatch- This Time It's For Real... / Commodities / Gold & Silver Stocks
The powerful rally by large Precious Metals (PM) stocks over the past couple of weeks is believed to be the start of a "breakout drive" that will vault the sector indices out of the large holding patterns that they have been stuck in for past 18 months, for these patterns date back further than the actual highs to the start of last year, ushering in a period of rapid and substantial advance.Read full article... Read full article...
Sunday, July 22, 2007
Weekly Gold and Silver Technical Analysis Report - 22nd July 2007 - Technically Precious with Merv / Commodities / Gold & Silver
All in all, a pretty good week. The major gold Indices are finally breaking out of their year long lethargy and may be making a dash towards the 2006 highs. Is this the start of something big?Read full article... Read full article...
Saturday, July 21, 2007
PLATINUM - ZIMBABWE - Send Not to See Whom The Bell Tolls, It Tolls For Thee! / Commodities / Platinum
By far the greatest majority of you who read this article live in well-ordered societies, where the bulk of your problems can be contained within the good order of the rest of your life. Indeed, from this position it seems easy to couch your views and criticisms of others, from within this secure framework.Read full article... Read full article...
Friday, July 20, 2007
Energy Stocks Due for a Correction, Which Would Present a Buying Opportunity / Commodities / Oil Companies
In a rapidly developing world starved for energy, the powerful surge in energy stocks in recent months certainly has a strong fundamental foundation. With decades left to go in the massive industrialization of Asia , global energy demand is going to continue relentlessly growing for many years to come.
And as long as worldwide demand growth exceeds supply growth, energy prices have no economic choice but to continue to rise on balance. This is why energy stocks are probably the best long-term investment in the world today. I started speculating in them in 2001 and have laid up big investments in elite energy producers in the years since. In the specific case of oil stocks, their valuations remain so low that they are also true value plays in addition to being highly leveraged to the structural energy deficits.
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