Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, November 25, 2008
Gold Safehaven Buying as Governments Throw Money at Failing Economies / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF PHYSICAL GOLD slid almost 2% early in London on Tuesday, recording an AM Fix of $802.50 per ounce before bouncing sharply and moving back above £540 and €635 for British and Eurozone investors respectively.
Crude oil dropped 4% to $52.30 per barrel, while 10-year US Treasury bond yields reversed yesterday's rally to stand back at 3.23%.
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Tuesday, November 25, 2008
A Good Day for Gold and Stock Markets / Commodities / Gold & Silver
By: Mark_OByrne
Gold has given up some of yesterday’s and the last four days gains. Profit taking seems the most likely explanation as the dollar remain largely flat but the weakness in oil may be contributing to gold’s weakness. Continuing unprecedented volatility in markets is leading to further safe haven demand.Read full article... Read full article...
Monday, November 24, 2008
Potential Double-Bottom for Natural Gas / Commodities / Natural Gas
By: Mike_Paulenoff
Let's notice that the action during November in the US Natural Gas Fund ETF (AMEX: UNG) has created a potential double bottom formation. That said, however, purely from a technical perspective, the price structure must hurdle and sustain above 28.70 to trigger the upside potential of the pattern, which would project to the 31.00 target zone. A climb above 28.70 also will position the price structure to break the back of the November downtrend, now at 29.25.Read full article... Read full article...
Monday, November 24, 2008
Agri-Foods and China Stocks Bottom / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
None of us are enjoying the bear market in equities brought on by the collapse of the speculative investing done by hedge funds. On the other hand, it could be worse. You could have your money invested in a hedge fund. Or the worst case, you could be invested in a hedge fund that has frozen withdrawals, meaning you can not get your money out until they decide to give it to you. Read full article... Read full article...
Monday, November 24, 2008
Gold Bullish Breakout as Bull Market Resumes / Commodities / Gold & Silver
By: INO
It has been a difficult time for gold bugs for the past two months as gold has been trapped in a broad trading range which made it seem insulated and immune to all of the financial chaos around it. Today's action on Friday the 21st, put all of that in action to rest as gold soared to trade over the $800 in a matter of hours. This may be the move we've been looking for and coming from a two-month base, it seems large enough to propel this market higher. Read full article... Read full article...
Monday, November 24, 2008
Gold Smashes Through Resistance / Commodities / Gold & Silver
By: Mark_OByrne
In a remarkable week for the yellow metal, strong resistance at $770 last Monday may now be the level of support as Gold rallied on Friday, finishing up $50 on the day, 6% on the week. It is currently trading at $822 (1230 GMT) and a sustained move above $800 could signal an upswing towards the $850 level, again confirming Gold's safe haven demand as stock markets continued to fall sharply amid continuing woes in the US financial sector (as graphically illustrated by Citigroup). Silver could also be about to make a move to the upside. It has been in a downward trendline since the summer but traded up to it that line on Friday and above the trendline today. Silver is currently trading at $10.02 and a close above $9.50 today could be very positive for the price.
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Monday, November 24, 2008
Gold Soars as Government Money Supply and Debt Levels Surge / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD jumped 4% to a new 6-week high early in London on Monday, touching $822 per ounce as Western equities also gained and the US Dollar weakened on the currency market. As the European single currency rose above $1.2700, the Gold Price in Euros held just below €645 an ounce – still its best level since the record spike to €685 of Oct. 10th.
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Monday, November 24, 2008
Gold Price Upside Breakout Whilst Crude Oil Continues to Slide Lower / Commodities / Gold & Silver
By: Chris_Vermeulen
Shining gold prices & gold stocks and slippery Oil prices and energy stocks
Gold prices shot up on Friday as investor's move their money into a safer investment as the broad market continued it crash the day before breaking the October bottom. Once the price of gold climbed over the $760 mark which was a short term resistance level the price shot higher as new buyers jumped in and short covering took place pushing gold to climb $57 in one day which you can see in the chart below.
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Sunday, November 23, 2008
Gold Upside Breakout Projects to $930 / Commodities / Gold & Silver
By: Merv_Burak
WOW! Friday was the best day since mid-Sept. We could use more of them but the Mid-Sept one didn't go very far so I wonder if this one will. One day does not make a reversal. I'd like to see many $10 up days rather than one $50 day. Read full article... Read full article...
Sunday, November 23, 2008
Extreme Silver Price Trends / Commodities / Gold & Silver
By: Roland_Watson
I don't think silver watchers need to be reminded of what has happened to silver in the last 8 months. The only answer they are looking for is when will we see a bottom to this carnage? As I look at my 14 member silver stock index, it has dropped from a high of 8.69 on the 3rd March 2008 to a new low of 1.31 as of last Thursday. That is a drop of 85% - cataclysmic by any standard of investing. Subscribers who followed my lead and exited all silver stocks positions on 31st March were spared this unnecessary suffering.Read full article... Read full article...
Saturday, November 22, 2008
Precious Metals Price Discovery / Commodities / Gold & Silver
By: David_Morgan
During my recent trip to Europe, there were many interesting meetings and conversations. One of the most meaningful was with a good friend and colleague Mr. Eric Lemaire.Read full article... Read full article...
Saturday, November 22, 2008
Gold Price and Stocks Bullish Breakout / Commodities / Gold & Silver Stocks
By: Mike_Shedlock
The action in gold and the miners is very encouraging. The overall indices got hammered yesterday and gold did not follow. Nor did the gold miners. Hedge fund selling and leverage unwinding in gold may be complete or nearly complete. Read full article... Read full article...
Friday, November 21, 2008
Unbelievable Values in the Commodities and Resources Sector / Commodities / Resources Investing
By: The_Gold_Report
In this interview with The Gold Report, Sprott Resource Corp. President and CEO Kevin Bambrough—who is also Market Strategist for Sprott Asset Management Inc. —talks about signs of decoupling he sees, commodity price fundamentals he doesn't see, and a catalyst to reignite the markets he hopes to see. He also talks about once-in-a-lifetime opportunities in the resource sector on the horizon for investors. He's proven his mettle in this market as well as his eye for excellence in investments. In a feat as worthy than any alchemist in history, the company managed to turn a $55 million investment (in PBS Coals) into about $240 million. Kevin readily admits, “We've done—in this market—phenomenal things.” Read full article... Read full article...
Friday, November 21, 2008
Gold and Silver Bullish Fundamentals- Keep Your Eye on the Prize / Commodities / Gold & Silver
By: Peter_Degraaf
In this fast-moving age, it is so easy to take your eye of the prize. Short-term trends can easily throw one ‘off track'. For every analyst who will tell you a stock or commodity is going up, there is another one who will tell you it is going down in price.
Who to believe?
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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.
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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.
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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.
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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.
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