Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, November 01, 2007
Goldman Sachs Manipulation of Commodity Prices - Gasoline and Crude Oil / Commodities / Market Manipulation
By: Jim_Willie_CB
It is still open season on Goldman Sachs. Ditto for JP Morgan and the clique of Wall Street firms, who enjoy untold tremendous privilege. Well, Goldman is at it again, playing games, abusing their role, and making money, all legally. One should say, rather, all without prosecution. One puts life and career at risk when revealing the hidden actions of the military and security organizations running in this land. However, taking aim at the Wall Street bank sector parasites is deemed a harmless exercise, regarded much the same as a fly or mosquito flirting around the USGovt torso. The ugliest example of illicit publicly noticed activity by Goldman Sachs in my opinion was the late summer 2006 change to the GS Commodity Index. They lowered the unleaded gasoline weight from 9% to 2%, forcing the sale of $7 billion in gasoline contracts. Nevermind motive, focus on execution. With $100 billion in indexed funds invested in the GSCI, Goldman knew what would happen. Gasoline fell sharply in price. GSax profited heavily, all legal, not even a prosecutable violation. Read full article... Read full article...
Thursday, November 01, 2007
Gold $800! Hard Money Wins Again! / Commodities / Resources Investing
By: Money_and_Markets
Larry Edelson writes: They called it "a relic of the past."
They described its last major price surge as an "anomaly."
They said it would "never hit $800 again."
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Thursday, November 01, 2007
Inter-market Analysis- All starts with the Fed rate cut - Technical Speculator Nov 2007 / Commodities / CRB Index
By: Donald_W_Dony
KEY POINTS:• Rate cut spells more weakness for U.S. dollar, but upward pressure for major currencies continues
• Gold first to increase, followed by CRB Index
• Utilities and U.S. bonds respond favourably to rate reduction
• Long-term effect of dollar decline is building inflation
• Intermarket actions still favour tangible overweighting in portfolios Read full article... Read full article...
Thursday, November 01, 2007
Peak Oil and Gold Short Squeeze / Commodities / Gold & Silver
By: Mike_Clark
Gold Gold was up $7.30 to $791.70 in New York on Tuesday. Then, gold sold off initially on the FOMC's 0.25% interest rate cut but then turned around and rallied to new record highs at $798.80. It has drifted lower in Asian and European trading and is trading at $792.50 at 1200 GMT. Gold has again rallied in other major currencies and is trading at £381.50 GBP (up from £379.16) and €549.46 EUR (up from €543.86) and remains near record nominal highs in terms of GBP and EUR respectively.
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Thursday, November 01, 2007
Gold Dips 0.8% from $799 in London ; Breaks New 17-Month High for Euro Investors as Oil Surges Once More / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES came within $1 of $800 per ounce overnight in Asia on Thursday, rising 2.7% from the week's lowest point so far before slipping below $792 by mid-morning in London .
European stock markets also dropped, losing 0.5% in early trade as the Dollar bounced from Wednesday's new all-time record lows on the currency markets.
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Wednesday, October 31, 2007
Exploding the Myth of Unbacked Silver Certificates and Phony Silver Storage / Commodities / Gold & Silver
By: Professor_Emeritus
Executive summary
Analysts put their own construction on facts coming out of the class-action suit between Morgan-Stanley and 22,000 of its clients involving costs associated with the storage of precious metals. They jump to the conclusion that metal supposedly backing outstanding silver certificates does not exist and never has. Storing silver on clients' account is a farce. From this they conclude that the net short commercial interest in silver on the COMEX, allegedly naked, must further be increased by adding the amount of unbacked silver certificates and phony storage, which they conservatively estimate at one billion ounces.
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Wednesday, October 31, 2007
This Crude OIl Chart Will Scare You / Commodities / Crude Oil
By: Money_and_Markets
Sean Brodrick writes : I just got back from a scouting trip to an oil and gas explorer in the Gulf of Mexico. The company I visited is small but promising. And it perfectly illustrates what the U.S. needs to do to protect itself from a massive energy crisis — drill in its own backyard.
I'll tell you more about this explorer — Bayou Bend Petroleum — in just a moment. First …
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Wednesday, October 31, 2007
Gold Bull Resliant As US Dollar Falls to Record Lows / Commodities / Gold & Silver
By: Gold_Investments
GoldGold was down $4.20 to $784.40 in New York on Tuesday. Since closing in New York it traded sideways in the New York Access market, in Asia and early in Europe rose slightly to trade at $785.90 at 1100 GMT.
Gold is trading at £379.16 (GBP) and €543.86 (EUR). It is thus near record nominal highs in terms of GBP and EUR respectively.
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Wednesday, October 31, 2007
US Economy - Into the Night / Commodities / Gold & Silver
By: David_Vaughn
Well, gold continues its upward trek. Now coming closer to 800 an ounce. Where oh where now are gold's detractors.
Oil now has closed above 90 and ounce. Nearing its all time high. Saber rattling over Iran 's nuclear armament program receives renewed scrutiny by the Bush administration. Just a matter of time before US troops find their selves marching into Iran .
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Wednesday, October 31, 2007
Gold in " Bull Run " Ahead of US Interest-Rate Decision; Japan Remains in Post-Bubble Depression 18 Years Later / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES rose sharply late-morning in London on Wednesday, recovering an overnight drop in Asia to break above last week's 27-year closing high above $785 per ounce.Read full article... Read full article...
Wednesday, October 31, 2007
Agricultural Foods Price Changes Since Feb 2002 / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Preparing comments on any investment topic day before FOMC announces U.S. interest rate policy is probably a futile gesture. That the announcement comes on Halloween provides an opportunity for cutesy comments which will be avoided. However according to the UN FAO, the world consumed 18.774 million tonnes of pumpkins, squash and gourds in the latest reporting year. Read full article... Read full article...
Tuesday, October 30, 2007
Weakness Developing in Energy / Commodities / Crude Oil
By: Mike_Paulenoff
Today's weakness in the Energy Select SPDR (AMEX: XLE) coupled with the developing downtrend in my daily RSI pattern suggest strongly that last week's near-vertical advance indeed was a vicious counter-trend climb to a lower-high, rather than a new upleg.Read full article... Read full article...
Tuesday, October 30, 2007
Gold vs. Sterling : New All-Time High for British Investors / Commodities / Gold & Silver
By: Adrian_Ash
"...If you think the US Dollar's losing ground against gold, just take a look at what's happening to Sterling..."
WHAT WILL IT TAKE for the mass of investors to wake up and buy gold?
Are they still waiting for a new all-time high perhaps, even after watching the metal beat stocks and bonds for more than six years?
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Monday, October 29, 2007
Crude Oil Nearing Major Peak / Commodities / Crude Oil
By: Mike_Paulenoff
Time to consult with the very long-term chart pattern in crude oil, from the December 1998 low at $10.35, which has a very bullish pattern, into today's high, but also a pattern that is in its final few percentage points of making a multi-month if not a multi-year high. All of the action off of the Jan 12, 2007 pullback low at $49.90 represents the final upmove in the larger 1998-2007 upleg. The relationships between the various legs during the most recent 10-month upmove point ot a target zone of $97 to $102, or an additional 4%-10% climb in crude oil prices prior to the anticipated peak and reversal.Read full article... Read full article...
Monday, October 29, 2007
Digital Nirvana And The Unfolding Mania In Precious Metals / Commodities / Gold & Silver
By: Captain_Hook
Gold is set to move higher over the next few days towards $800 in a blow-off of the larger sequence since summer. This could send some precious metals stocks far higher than may be contemplated by some, where corrections would only take complex components back to current proximities. That being said, while such an assessment may or may not prove correct, one thing is for sure, anybody attempting to time inter-waves within larger sequences could find themselves left ‘standing at the station', unable to get back in without paying up. This of course will depend on how quickly the ‘cake eaters' (for our Italian friends) decide to debase fiat currencies around the world in preemptive monetary largesse. Read full article... Read full article...
Monday, October 29, 2007
Gold Hits All-Time High for British Investors; Surge in Bond & Equity Markets Gives the Fed "No Alternative" to Destroying the Dollar / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES surged at the Asian opening on Monday, quickly gaining another $10 from last week's 27-year closing high and racking up a new all-time high against the British Pound.Read full article... Read full article...
Monday, October 29, 2007
How Undervalued Are Austrailian Gold Miners? / Commodities / Gold & Silver Stocks
By: Neil_Charnock
Don't think for a minute that the world has not become a “one market place” game or you will miss out. Investment strategy must follow the money or money flows to stay with trends and the earlier you catch one the more you make if you can hang in there – simple isn't it. I have an early trend for you to consider and it is misunderstood by most – with low sovereign risk. Read full article... Read full article...
Monday, October 29, 2007
Could Crude Oil $100 Cause the Next Credit Crunch? / Commodities / Credit Crunch
By: Nadeem_Walayat
The Financial Sector is still coming to terms with the US Subprime Mortgages induced credit crunch, could again be in the line of fire of a new credit crunch caused by crude oil surging to $100, triggering a similar collapse of hedge funds and put the banking sector under renewed pressure as the crude oil credit crunch contagion spreads. Read full article... Read full article...
Sunday, October 28, 2007
Weekly Gold and Silver Technical Analysis Report - Surge in Shorts Open Interest Trying to Cap Golds Bull Run / Commodities / Gold & Silver
By: Merv_Burak
Wow! what a week. It starts with a plunge and ends with a zoom. Which, oh which is the REAL direction of least resistance?
SHORTS
If that open interest is mostly shorts, someone is sure set on losing their shirts. They've added another 16000 short contracts this past week and that's not including Friday. I'll bet that the open interest really moved on Friday. All that money trying to cool the bullish run on gold. Who, oh who could be that speculative to be risking all that capital on the short side when the strength is on the up side? Unless – maybe the shorts are not playing with their own personal money.
Sunday, October 28, 2007
Oil hits $92.22! Gold up $16.50! Emergency Strategy Update / Commodities / Resources Investing
By: Money_and_Markets
Earlier this week, when Larry and I called an Emergency Strategy Update to alert you to a new, even more dramatic surge in gold and oil … and in nearly every resource under the sun …
When we told you about stocks that can leverage these rises by many times …
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