Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, July 11, 2008
AMEX GOLD BUGS INDEX (HUI): Another Golden Opportunity to Buy Gold Shares? / Commodities / Gold & Silver Stocks
By: Peter_Zihlmann
Two major gold indices dominate the market - the Philadelphia Stock Exchange's XAU and the AMEX's Gold BUGS Index (HUI).
The major difference between the two is that the BUGS index is made up exclusively of mining stocks that do not hedge their gold positions more than a year-and-a-half into the future. This makes the BUGS Index much more profitable than the XAU when gold prices are rising, but can also compound its losses when gold declines. BUGS is an acronym for B asket of U nhedged Gold Stocks. The index was introduced on March 15, 1996 with a starting value of 200.
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Friday, July 11, 2008
High Gas Prices Investment Opportunities / Commodities / Crude Oil
By: Hans_Wagner
Investors who seek to beat the market look for opportunities that indicate changes in market sector trends. The recent rise in the price of oil and along with it the price of gasoline is causing serious problems for people and the economy. In the past we when we have experienced spikes in the price of gasoline, it eventually fell back down as supply outstripped demand. However, there are forces in place that will keep this happy event from taking place this time. As a result, you should consider adjusting your investing themes to recognize that the price of gasoline will remain high, and likely go higher from now on. Read full article... Read full article...
Thursday, July 10, 2008
Gold Rally Approaching Key Resistance / Commodities / Gold & Silver
By: Mike_Paulenoff
As we speak the streetTRACKS Gold ETF (NYSE: GLD) is pushing up against a 3-month resistance plateau around 93.30/40, which if hurdled should trigger upside acceleration of the March-July rounded base-like pattern. All of the action between March and July represents a correction that turned out to take the form of a high-level rounded base formation as well, which is exerting intense upward pressure on a series of rally peaks that occurred since March. If (when) hurdled, the GLD should accelerate towards 99-100.Read full article... Read full article...
Thursday, July 10, 2008
Gold Jumps as European Equities Sink / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD leapt 1% to a one-week high at the US opening on Thursday while oil prices struggled near $136 per barrel and European stock markets caught up with the S&P's latest 2% drop.The Dollar was little changed against the Euro and British Pound, despite news of a 53% jump in US home foreclosures last month from June '07.
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Thursday, July 10, 2008
Gold Homing in on $1000 Barrier as Stocks Deliver Zero Growth over Last 10 Years / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $926.30 , up $ 5.40 and silver was up to $18.07 , up 23 cents . Gold rose again in the New York Globex electronic market and in early trading in Asia and has remained firm in early European trading .With geopolitical risk remaining high and financial risk elevated (as seen with U.S. financial stocks yesterday experiencing their largest one day fall since the start of the current financial crisis nearly a year ago - meaning that the benchmark S&P 500 is officially in a bear market) gold is again receiving safe haven and inflation hedging investment flows which is resulting in higher prices.
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Thursday, July 10, 2008
Gold's Underlying Truth and Dow Jones Potential to Fall by 75% / Commodities / Gold & Silver
By: Brian_Bloom
As a reasonably intelligent man of 61 years of age, this analyst is not unmindful of the fact that his recent preoccupation with the wisdom of the Ancients has been raising eyebrows – if not questions as to his sanity – amongst regular and (previously?) loyal readers. What possible linkage could an understanding of the Ancients have with investment and making money?
Those who have been puzzled may rest assured. I have not been going off with the pixies. There are solid reasons; and one of these reasons flows from the fact that, in today's markets, everyone and his brother is a technical analyst.
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Wednesday, July 09, 2008
Crude Oil Minor Recovery Bounce Underway / Commodities / Crude Oil
By: Mike_Paulenoff
Purely from a near-term technical perspective, today's geo-political "strength" in crude oil and its ETF the US Oil Trust (AMEX: USO) has the look of a minor recovery bounce rather than the start of a new upleg in the aftermath of the $6 and 5.5% decline since the July 2 high of 117.94 in the USO (to yesterday's reaction low at $111.63).Read full article... Read full article...
Wednesday, July 09, 2008
Gold Corrects After Recent Bullish Run as Iran Tests Long-range Shahab-3 Missile / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF GOLD gave back a 1% rally in London on Wednesday, trading $20 per ounce below this time last week as crude oil managed only a slight bounce on news of an Iranian missile test.Already subject to international sanctions over its nuclear research program, Tehran said today it successfully fired a Shahab-3 missile overnight, capable of reaching Israel.
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Wednesday, July 09, 2008
Osama Bin Laden's Oil Price Victory Fueling Red-Hot Inflation / Commodities / Crude Oil
By: Money_and_Markets
Sean Brodrick writes: Sometimes your worst fears come back to bite you in the rear. Case in point: In the New York Times, on October 14, 2001 the managing director of an oil consulting firm warned: "If Bin Laden takes over and becomes king of Saudi Arabia, he'd turn off the tap ... he wants oil to be $144 a barrel."
At the time, oil traded at $23, and $144 a barrel seemed downright impossible. Well, terror mastermind Osama Bin Laden, safe in his undisclosed rat hole, must be grinning like a Cheshire cat, because last week oil soared past $144 a barrel.
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Wednesday, July 09, 2008
Gold Forecast to Rise to £1,800 (GBP) / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $920.90 , down $ 5 and silver fell to $17.8 4 , down 1 cents . Gold again traded down in the New York Globex electronic market and in early trading in Asia prior to rallying in late trading in Asia and and early European trading back above it's opening price in New York yesterday . Read full article... Read full article...
Wednesday, July 09, 2008
Oil Stocks Will Continue To Under Perform The Oil ETF / Commodities / Oil Companies
By: Chris_Vermeulen
Oil stocks will under perform crude oil and the o il etf for the next several years - but Energy Juniors will outperform both.
The market is now setting up for a great entry point into junior oil Stocks!
When it comes to morbid fascination, this chart takes the Cake!
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Wednesday, July 09, 2008
The Indian Gold Train is Leaving the Station ... / Commodities / Gold & Silver
By: Alex_Wallenwein
Indians who sold their gold in 2007 to buy stocks are now paying out the wazoo for their gross misjudgment. In January of 2008, the Bombay Stock Exchange fell by more than 4,000 points. It is now a full 8,000 points short of its January 8th peak, Read full article... Read full article...
Wednesday, July 09, 2008
Bernanke's Indecision on Interest Rates Opens the Door for Resource Juniors / Commodities / Gold & Silver Stocks
By: John_Lee
On June 25, Bernanke left key short term rates unchanged at 2%, citing "considerable stress" in financial markets and tight credit conditions. The Fed also cautioned about the upward pressures on prices caused by rising oil and other commodity prices. On the same day, Mr. Warren Buffett fingered "exploding" inflation as the biggest risk to the economy. Buffett said on CNBC "It's huge right now, whether it's steel or oil. We see it everywhere." Read full article... Read full article...
Tuesday, July 08, 2008
Agri-Food Funds Hit by Credit Crisis Hedge Fund Margin Calls / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Virulent fall of equity markets may have more to do with date of 30 June than temporarily high paper oil prices. Last day of June is associated with end of quarter financial statements. Around the world, financial institutions were preparing for and then creating balance sheets for that important date. Those financial institutions felt compelled by market forces to make their balance sheets look good. That desire translated into a continued reduction in available lending to funds of all kinds. Read full article... Read full article...
Tuesday, July 08, 2008
The Oil Crisis and Gold / Commodities / Crude Oil
By: David_Vaughn
One of the hardest things about life is when we have to close a chapter. Yesterday becomes merely a collection of happy memories and those memories are all that remain. That perhaps is why we have always clung so hard to nostalgia. The world is constantly changing and that unfortunately even includes our own lives. In life personal actions always produce consequences. Unfortunately, this principal even includes things of material value. And the consequence of less oil produces the consequence of higher prices.Read full article... Read full article...
Tuesday, July 08, 2008
Gold Volatile as Bear Market Grips Stocks / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD surged and then fell back in yet more volatile trade early Tuesday, regaining all of yesterday's 1.9% drop before slumping $14 per ounce.
The Gold Price then picked up again as world stock markets sank, oil prices ticked below $140 per barrel, and government bonds rose further.
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Tuesday, July 08, 2008
Grim Economic Outlook Drives Gold and Equities Lower / Commodities / Gold & Silver
By: Mark_OByrne
Gold finished trading in New York yesterday at $925.90 , down $6 and silver fell to $17.85 , down 43 cents . Gold then sold off somewhat in the New York Globex electronic market before rising again in Asian and early European trading to over $930 per ounce. A lessening likelihood of a military confrontation with Iran contributed to the fall in oil and gold's slight sell off.Read full article... Read full article...
Monday, July 07, 2008
So You Think Oil's Expensive Now? / Commodities / Crude Oil
By: Robert_Carpenter
Oil's move above $140 a barrel and the pronouncement by OPEC that oil prices could rise between $150 and $170 a barrel this summer is another hit for US consumers whose budgets are already at the breaking point. In addition, rumors on Tuesday that Israel had bombed Iran 's nuclear facilities resulted in a sharp spike in oil prices, reminding investors how painfully delicate the market is.Read full article... Read full article...
Monday, July 07, 2008
Silver Short Positions Fallacies / Commodities / Gold & Silver
By: David_Morgan
I recently read an “advotorial” suggesting silver to be a fantastic investment, and I could not agree more. However, the author was stating that all short positions have to eventually be covered with physical silver and that when this took place there would be a price explosion.
It is a fallacy that all short positions have to be covered and the shorts will have to buy silver to cover. First, to state that all positions have to be covered is misleading; a position can remain open for a very long time, because as the contract becomes due, it can be rolled over. Technically, it is not the same position, because when it is “rolled forward,” it is a different month and involves a different contract, but basically the contract is moved out to a later date. This rolling takes place all the time in the futures markets.
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Monday, July 07, 2008
Commodities Are Strong, But Which Ones Are the Strongest? / Commodities / Metals & Mining
By: Frank_Holmes
There's been plenty written about how well commodities have performed in recent years.
But do you know which of these commodities have done the best between 1999 and 2007? Do you know which ones have been the brightest stars so far in 2008?
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