Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, July 12, 2007
Gold Market Update - Gold Gearing Up for a Powerful Rally / Commodities / Gold & Silver
There are several factors coming together now to suggest that a powerful rally in gold is drawing near, and because they are so clear and potent, they do not require a long-winded description.
On the 2-year chart for gold we can see how it has stabilized above an important support level in the $635 - $640 area over the past few weeks. This after having broken below a long-term trendline dating back to mid-2005 that may have caused some to short the metal and who thus must be growing increasingly concerned at the lack of downside follow through, although they are probably finding solace in gold's insipid performance over the past week as the dollar has fallen sharply.
Thursday, July 12, 2007
When Is It Time To "Worry" About Precious Metals? / Commodities / Gold & Silver
Let us clarify that we do our best to take the emotional element out of our trading decisions and we do not "worry" about our investments. Instead we pay especially close attention to the markets and our investment decisions at critical junctures. But for expediency we will use the term "worry" in this article.So when is it time to worry? It is our opinion that an investor should pay close attention and possibly "worry" when truly unusual market behaviors, or "anomalies", take place.
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Thursday, July 12, 2007
Daily London Gold Market Report - Gold Rallies to Key Resistance Level at $665 / Commodities / Gold & Silver
GOLD PRICES ROSE steadily through the Asian and early London sessions on Thursday, touching $665 per ounce for US investors as the US open drew near.
Gold also recovered more than 0.7% from yesterday's low against the British Pound, but rose more slowly versus the Euro, only just breaking €482 per ounce.
"Funds are shifting more into gold for safe-haven reasons as currencies, stocks and bonds are all volatile now," said Tatsuo Kageyama, an analyst at Kanetsu Asset Management in Tokyo , to Reuters earlier.
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Wednesday, July 11, 2007
We're Going to Need a Good Recession to Avoid Much Higher Energy Prices! / Commodities / Crude Oil
The International Energy Agency released their " Medium-Term Oil Market Report " a short time ago - it looks like we're going to need a good recession to avoid much higher energy prices over the next few years.
Thought you might like to hear that first thing on a Monday morning - here's why:
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Wednesday, July 11, 2007
Gold: Where to now? / Commodities / Gold & Silver
The past month has required extraordinary attention to be paid to the charts as the gold markets have been approaching a decision point.
On June 21 st , 2007 this analyst stuck his neck out by calling for an upside break. (See http://www.321gold.com/editorials/bloom/bloom062107.html )
So far, it has been a fairly nail biting time, but the call seems to have been reasonable. Now what?
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Wednesday, July 11, 2007
GOLD THOUGHTS - Gold Headed to Above $700 / Commodities / Gold & Silver
Good news just keeps rolling in. Aircraft carrier Enterprise off on summer cruise to Middle East. Horton has collapsing home sales. S&P and Moody's analysts awake from naps to reconsider ratings on some CDOs. Ten year rate of inflation in U.S. at highest level since 2002. Oil prices moving up. Radical Islamic groups in effort to take control of Pakistan, and its nukes. Israeli general warns time may be running out on halting Iranian nuclear weapon program.Read full article... Read full article...
Wednesday, July 11, 2007
Daily London Gold Market Report - Gold Rallies Whilst Stocks Fall / Commodities / Gold & Silver
OLD TRADED $2 above Tuesday's US close in the first-half of London trade on Wednesday, approaching lunchtime just shy of $666 per ounce.
Aside from growing demand for investment gold, "additional buying in gold also comes from the strong support around the $650 level," said Pradeep Unni at Vision Commodity Services in Dubai to Reuters earlier.
"Every time gold slips below $650, physical demand [for jewelry fabrication] is seen to creep in. This has been a trend for the last four months."
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Wednesday, July 11, 2007
The Gold Rush in the Sea - Electrolytic Marine Salts / Commodities / Gold & Silver Stocks
Sean Brodrick writes: I was raised in Maine, and I'm visiting my old stomping grounds right now. One thing I've always liked about this great state is its rich history. Just about everything has happened here once (and sometimes twice).
Case in point: The other day I was walking around Portland. As I came across all kinds of interesting street names — "Gold," "Silver," "Market," and "Exchange" just to name a few — I was reminded of perhaps the strangest story to ever come out Maine. It's the tale of the 1898 gold rush in Lubec, Maine.
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Tuesday, July 10, 2007
Commodities, Stocks & Warrants / Commodities / Options & Warrants
Is there any doubt that we are in the mist of a bull market in the commodities sector, especially for natural resources? The expert analysts we follow believe this bull market will last another
15 to 20 years. The purpose of this article is not to convince you of the existence of the bull market but rather to discuss the different investment strategies that investors can use to accomplish their objectives.
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Tuesday, July 10, 2007
Gold Forecaster - Global Watch - A Real Step Forward, in the Opening of Chinas Gold Markets / Commodities / Gold & Silver
Over the last few years a lot of reports have described how China's gold markets have been opening up. We have commented in the Gold Forecaster that the changes have been superficial at best , but have laid the groundwork for the eventual opening of the gold market there.
The ‘acid' test will come when the provincial and even rural centers in China have banks/jewelers that sell gold at prices close to if not at the prices to be found elsewhere in the world. With the infrastructural development of China moving at a fast pace now this time is getting closer. A step that precedes this and brings such a situation within reach of the broad Chinese public has now taken place.
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Tuesday, July 10, 2007
Crude Oil surging! Resource countries flying! / Commodities / Crude Oil
Martin here with an urgent update on the latest surge in oil, its many causes and its far-reaching consequences.
After months of meandering without direction, oil markets are jumping back into the limelight.
They're bursting with new activity … moving quickly toward the highest price levels of all time … and setting off a rapid-fire chain reaction of events that most investors are missing.
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Tuesday, July 10, 2007
Daily London Gold Market Report - Gold on the Cusp of a Breakout / Commodities / Gold & Silver
GOLD TODAY held onto Monday's gains early in the London session, hitting $661.15 per ounce at the Morning Fix – the highest AM Fix since June 7th for Dollar investors.
John Reade at UBS in London today advised investors to start buying gold, according to a Bloomberg report, before large speculators build their holdings, perhaps sending prices higher over the coming month.
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Tuesday, July 10, 2007
Niger Rebels Interfere with Uranium Mining Plans / Commodities / Articles
The next potential squeeze on uranium supply could come from terrorism, not nature. The world's seventh and eighth uranium producing mines are found in the Republic of Niger: the underground Akouta and the open pit Arlit. Together, they produced 3434 tonnes of uranium in 2006, according to the World Nuclear Association. This accounted for more than eight percent of the world's mining production last year.Read full article... Read full article...
Tuesday, July 10, 2007
U.S. Uranium Mill Monopoly / Commodities / Uranium
He who owns the uranium mill makes the rules. And in this case, not everyone likes the new price schedule a uranium mining company is offering to pay for uranium to feed its refurbished uranium mill.Read full article... Read full article...
Monday, July 09, 2007
Forget The Gold Price! / Commodities / Gold & Silver
Let's get back to the subject of gold stocks…when do you buy and when do you sell? The million dollar question.
You know I am tired with such a preoccupied absorption of the gold price. Now I don't want to be a hypocrite here because I know I myself often get excited watching gold move higher. That is our natural human reaction to be excited about something climbing, whether it's a possum or a squirrel climbing high into an oak tree. But it is also natural to have a desire for truth and come to an understanding of what matters most when we are talking about making money.
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Monday, July 09, 2007
Gold and Silver Analysis - K30 It All Adds Up – Don't Be Confused / Commodities / Gold & Silver
What has been so interesting about the gold and silver markets over the past few months? Very simply there has been massive selling of physical bullion and a massive supply of negative news.
However despite this; we have seen very strong resource share price performance on the ASX and very strong appreciation of the resource currencies – and we have seen relative price stability in the precious metals too. Gold demand has almost met the increased supply as consumers have grown used to relatively higher gold price levels in India and the Middle East . There has been some other significant demand also.
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Monday, July 09, 2007
Daily London Gold Market Report - Fresh funds are flowing into gold / Commodities / Gold & Silver
GOLD OPENED Monday in London just shy of Friday's close at $656 per ounce – more than $4 higher from last week's start against the US Dollar – before rising to a five-session high of $657.80 per ounce.
"Fresh funds are flowing into gold as we're in the early part of the third quarter, although the market is still nervous because of uncertainty over the outlook for global interest rates," said Shuji Sugata at Mitsubishi Futures and Securities to Reuters earlier.
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Sunday, July 08, 2007
What's Happening With The Nickel Market ? / Commodities / Nickel
Commodity bull markets can often experience a speculative peak followed by a dramatic collapse in price. These sharp peaks are sometimes associated with an attempt to corner the commodity by either a single large entity or collusion of smaller participants. With the exception of DeBeer's which has allegedly been successful at manipulating the diamond market for decades, these activities often end in financial disaster when the aim of the manipulator becomes widely known. They may find themselves becoming the only buyer in order to keep the price high and prevent a catastrophic collapse.Read full article... Read full article...
Sunday, July 08, 2007
Gold and Silver Analysis - All's Well That Ends Well / Commodities / Gold & Silver
Previous tests of the 50-week moving average have preceded significant rallies over the past year. Two consecutive weekly closes above the 5-week moving average constitute “confirmation” of a new upleg in the gold bull market… silver tends to exaggerate the trends in gold and… a tentative buying level is beginning to be described. ~ Precious Points: The Beauty of Bernanke's Machine , June 30, 2007Read full article... Read full article...
Saturday, July 07, 2007
Gold Stocks vs. Oil Stocks / Commodities / Gold & Silver Stocks
Oil Stocks are likely to outperform Gold Stocks over the next 6-months which should provide further support to the stock market.
A question I get asked a lot is where should I be investing my money?
“I'm a believer in the Commodity Super-cycle and in Peak Oil but gosh, just tell me what (and when) I should be buying!”
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