Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, November 21, 2008
Gold the Dumb Metal Beats Overqualified Ex-hedge fund Financial Hacks / Commodities / Gold & Silver
By: Adrian_Ash
"Well, God knows you don't need any brains to buck barley bags..."– John Steinbeck, Of Mice & Men (1937)
ALPHA used to be what hedge-fund managers promised their clients. Better still, portable alpha – defined in the easy bed-time reading of finance MBAs as the "generation of excess return over a benchmark while maintaining the desired asset allocation to traditional market exposures" – offered to meet and beat whatever returns everyone else was making, thus proving the manager's genius and justifying his infamous fees.
Read full article... Read full article...
Friday, November 21, 2008
Why Gold Will Rise During Deflation / Commodities / Gold & Silver
By: Julian_DW_Phillips
What deflation really does to an economy -
Deflation is a particularly pernicious economic condition. It is far worse than inflation. Prices decline in deflation. The impact of this is that a person with cash sees the buying power of that cash increase, whereas the owner of assets with declining values sees the cash value of those assets decline. This is the superficial picture. Read full article... Read full article...
Friday, November 21, 2008
Silver in Crisis / Commodities / Gold & Silver
By: Zeal_LLC
The unprecedented financial turmoil plaguing all markets these days is dominating everyone's attention. In a troubled time when the flagship S&P 500 stock index can plunge 30.0% in a single month, it is hard to think about anything else. Thus many smaller markets, like silver, are languishing in relative obscurity.
Silver, an asset which many investors thought would thrive during a financial-market panic, has been scourged mercilessly. After briefly surging above $20 in March, it nonchalantly traded between $16 and $19 or so for the next 5 months. Silver was on top of the world, consolidating high, and all looked well.
Read full article... Read full article...
Friday, November 21, 2008
Why Gold Price Has Fallen Despite Record Demand / Commodities / Gold & Silver
By: Money_Morning
Mike Caggeso writes: Having spawned the worst market for stocks since the Great Depression, the global financial crisis is forcing investors to re-examine a number of long-held beliefs. Gold bugs, for instance, have been left to wonder just how gold prices could backpedal in the face of all-time-record demand.
Gold demand did increase – in fact, by a record 45% from the second quarter to the third.
Read full article... Read full article...
Friday, November 21, 2008
Gold Safehaven as Stock Markets Plunge to 11 Year Lows / Commodities / Gold & Silver
By: Mark_OByrne
Gold maintains its safe haven status - In an increasingly risk averse environment and in the wake of tumbling commodity markets, gold is maintaining a bid, albeit in a tight trading range with strong resistance at $777 , confirming its status as a safe haven asset. Gold is currently trading at $755 (12:15GMT).Read full article... Read full article...
Friday, November 21, 2008
Gold Jumps on Physical Shortage as Coin Orders are Refused / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF GOLD jumped to a one-month high at the US opening on Friday, heading for their third weekly gain on the trot as a rally in Asian stock markets failed to stick in Europe.US equity futures bounced hard after sinking to an 11-year Low on the S&P Index at Thursday's close. Crude oil dipped below $50 per barrel.
Read full article... Read full article...
Thursday, November 20, 2008
Silvers Brutal Downtrend Has Run its Course? / Commodities / Gold & Silver
By: Clive_Maund
Even though the brutal downtrend in silver that has slashed its price by about 60% from last July remains in force, there are several important signs that it has probably run its course, and that silver is now basing ahead of renewed advance. On the 6-month chart we can see that even though silver plumbed new lows late in October by a sizeable margin, the MACD indicator bottomed way above its August and September lows, showing that downside momentum was decelerating, and it continued to decelerate with the low last week, when the MACD indicator hardly dropped. The behaviour of this indicator relative to price in the recent past is typical of a bottom. Read full article... Read full article...
Thursday, November 20, 2008
Gold Builds Support as the U.S. Dollar Hits Resistance / Commodities / Gold & Silver
By: Clive_Maund
Gold has remained in a narrowing trading range since the last update late in October, which is looking increasingly like an intermediate base area that will lead to a significant advance. In the last update a relief rally was predicted on the basis that the preceding steep downtrend had exhausted itself, and this is what we saw, although it didn't get very far. About a week ago gold looked like it may be forming a Pennant, implying a drop to new lows, but the lack of follow through on last week's decline and subsequent partial recovery has resulted in the pattern opening out into a Triangle, which is increasing the chances of an upside breakout. Read full article... Read full article...
Thursday, November 20, 2008
More on Gold and the Reflation of Assets / Commodities / Gold & Silver
By: Money_and_Markets
Larry Edelson writes: Not surprisingly, my Money and Markets column last week about a new monetary system based on an upward revaluation of the price of gold set off quite a buzz all over the world. It was picked up by CBS MarketWatch, The Financial Times , The Market Oracle, and more.
Some Think I'm Crazy, That I've Lost My Mind. No Problem.
Read full article... Read full article...
Thursday, November 20, 2008
Gold Safe Haven Status Amid Steep Global Stockmarket Declines / Commodities / Gold & Silver
By: Mark_OByrne
China Considering Diversification into Gold
BEIJING (Dow Jones) - China's central bank is considering raising its gold reserve by 4,000 metric tons from 600 tons to diversify risks brought by the country's huge foreign exchange reserves, the Guangzhou Daily reported, citing unnamed industry people in Hong Kong.
Read full article... Read full article...
Thursday, November 20, 2008
Gold and Silver Obvious Price Maniupulation / Commodities / Gold & Silver
By: Richard_J_Greene
Amazingly, while gold and other commodity related stocks continued to be sold off to levels that are at deep discounts to their intrinsic value in October, gold continued to break to new all time highs in most major currencies. On October 9th and 10th gold recorded new all time highs in many currencies including the Euro, the Australian Dollar, British Sterling, the Indian Rupee, the Russian Ruble, the South African Rand and many others. The Dow Jones Industrial Average Stock also recorded a multi decade low in terms of gold. Investors are getting a very much skewed view of gold's performance if they are viewing it in terms of the US Dollar or Yen. These are the two main currencies that have been used as cheap funding sources allowing speculators to take on incredible degrees of leverage to invest in higher yielding assets with much better fundamentals. Read full article... Read full article...
Thursday, November 20, 2008
Gold and Silver Inflation or Deflation Common Sense / Commodities / Gold & Silver
By: Investmentscore.com
We have recently noticed many newsletter writers and commentators who were formerly calling for "Inflation" and are now switching their analysis to the growing popular theory of "Deflation". This very well may be 'The' great debate of our time.
Why is this significant and how does this effect investors?
Read full article... Read full article...
Wednesday, November 19, 2008
What's Frightening Saudis and Iranians into Buying Gold? / Commodities / Gold & Silver
By: Money_and_Markets
Sean Brodrick writes: Our oil-rich friends in the Middle East are scared. How do I know? Because they are buying gold like crazy!
First , we got the news that Saudi investors spent $3.47 BILLION on gold in a recent two-week period. On a ratio-to-GDP basis, that's like investors in the U.S. spending $131 BILLION.
Read full article... Read full article...
Wednesday, November 19, 2008
To Prevent Financial Shocks, Build a Suspension System for the Gold Wagon / Commodities / Gold & Silver
By: John_Newman
When I drive down the road and hit a pothole, my car's suspension system absorbs the shock. Engineers design suspension systems to reconcile our driving habits automatically to the realities of hard pavement. So it should be with our monetary system.Read full article... Read full article...
Wednesday, November 19, 2008
Gold Trades in Tight Range as Bonds Offer Record Low Returns for Investors / Commodities / Gold & Silver
By: Adrian_Ash
WHOLESALE GOLD BULLION PRICES inside a tight range vs. the world's major currencies early Wednesday, as world stock markets fell for the eighth session in 13 so far this month.The Gold Price in Japanese Yen held unchanged from the start of Nov., while the Tokyo Nikkei index slipped to its worst level since the quarter-century lows of late Oct.
Read full article... Read full article...
Tuesday, November 18, 2008
US Explosive Money Supply Growth Bullish for Gold / Commodities / Money Supply
By: Ned_W_Schmidt
Central banks around the world are indeed doing everything but dumping money out of helicopters. That inflationary rush has been led by Federal Reserve. Ignoring the fact that easy money has been a failed policy twice in recent years, to wit the technology stock bubble and the housing bubble, FOMC is pursuing most inflationary policy in that organization's dismal 95-year history. Read full article... Read full article...
Tuesday, November 18, 2008
Dudley Baker on Gold Stocks Warants Buying Opportunity / Commodities / Gold & Silver Stocks
By: The_Gold_Report
“It's either the end of the world or a fabulous buying opportunity”
His pitch is irresistible: “Buy a basket of juniors with warrants and it could be the easiest 500% you'll ever make.” In this exclusive look at one of the most overlooked and misunderstood investment vehicles, Dudley Baker of PreciousMetalsWarrants.com explains to The Gold Report exactly what warrants are and how they increase the odds of winning vastly higher returns. With a little arm-twisting, Baker even reveals some of his most prized “unbelievable” opportunities.”
Read full article... Read full article...
Tuesday, November 18, 2008
Gold Settles into Contracting Range / Commodities / Gold & Silver
By: Mark_OByrne
Citigroup to cut 52,000 jobsVikram Pandit, the Chief Executive of Citigroup announced yesterday that in a bid to revive their ailing share price, a massive 52,000 jobs would be cut. That's 1 in every 7 employees and slash costs by $10bn. Citi shares have lost more than 75% of their value over the past year and suffered over $50bn in writedowns and credit provisions. An analyst likened Citigroup to a super tanker; turning it around takes a long time.
Tuesday, November 18, 2008
Gold Investors Buy the Dips / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD continued to drift lower in early London trade on Tuesday, holding $10 per ounce below last week's close while European stock markets lost another 2% and crude oil fell towards fresh 21-month lows."Looking forward, we think the need for safe-haven investments will grow," says the latest analysis from Scotia Mocatta, the London-based precious metals dealer, "while at the same time the level of distressed selling may ease.
Read full article... Read full article...
Monday, November 17, 2008
Gold Needs to Rise Above $838 to Fullfill Annual Minimum Bull Market Target / Commodities / Gold & Silver
By: Ronald_Rosen
The gold price on the last trading day of 2008 must close higher than the closing gold price on the last trading day of 2007 if the pattern of continuous year to year closing strength is to be maintained. The pattern of the year end closing gold price being higher than the previous years closing gold price has been maintained since the year 2000. The list posted below represents the closing year end gold price for the years 2000 through 2007.Read full article... Read full article...