Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, June 12, 2008
Gold Remains the Fringe Preserve of the Smart Money / Commodities / Gold & Silver
By: Mark_OByrne
Gold closed at $881.00 in New York and was up $13.20 and silver closed at $16.84 up 27 cents. Gold has subsequently given up some of yesterday gains and has fallen in Asia overnight and in early European trading this morning.Read full article... Read full article...
Thursday, June 12, 2008
Forced Commodity Long-term Investment liquidations Coming? / Commodities / Government Intervention
By: Christopher_Laird
The CFTC is looking at changing commodity rules to force big funds to disgorge multi thousand contracts positions.
The CFTC stated the commodity markets are not geared to have big funds sitting on long term positions of thousands of commodity contracts for long periods for foods and so on.
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Thursday, June 12, 2008
A Primer on the Silver Basis- Putting Loin-Cloth On The Naked Bogeyman / Commodities / Gold & Silver
By: Professor_Emeritus
I started writing this piece as the sub-prime crisis was unfolding. I wanted to establish the connection between the silver basis and the budding banking crisis caused by phony bond insurance schemes and the lack of hedging irredeemable dollar debt with metal holdings. My original title was Putting Clothes on the Naked Bogeyman . As writing progressed I realized that it would take more than one article to dress up the bogeyman; hence the revised title. Read full article... Read full article...
Wednesday, June 11, 2008
US / China Trade Imbalance Driving Dollar Lower and Gold Higher / Commodities / Gold & Silver
By: Adrian_Ash
"...Take a gun-boat and 1,200 tonnes of opium, and America could close its trade gap with China tomorrow..."
DO DEFICITS MATTER? Right around the time that English missionaries produced the first Bible in Chinese, the British Empire found itself with a trickier kind of translation problem.
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Wednesday, June 11, 2008
An Historic Year for Gold... June 2007 to May 2008 / Commodities / Gold & Silver
By: Michael_J_Kosares
July, June, August 2007
- Subprime crisis hits media, discovered to be global
- World central banks inject billions to save financial system
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Wednesday, June 11, 2008
Oil Crisis Set to Worsen as Crude Oil Exports Decline / Commodities / Crude Oil
By: Money_and_Markets
In ancient times, when mapmakers came to uncharted territory, they would scrawl: "Here There Be Dragons."
Flash-forward to the 21st Century; oil markets went into uncharted territory on the charts last week. Friday's dramatic spike up was the biggest one-day move EVER. Morgan Stanley now predicts that oil prices could hit $150 per barrel by the 4th of July.
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Wednesday, June 11, 2008
Gold Back to $1,000 on ECB Inflation Busting Interest Rate Rising Plan / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES ticked higher in London trade early Wednesday, recovering 1.3% from yesterday's one-week low as crude oil jumped back to $133 per barrel.Asian equities were mixed after the US Dollar retreated from a new 15-week high against the Japanese Yen above ¥107.70.
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Tuesday, June 10, 2008
World Only One Crop Failure Away From Grain Shortage / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Investors are still adapting to the world of investing in commodities. In the world of paper equities, news is often important. A new phone is indeed actionable information that markets should discount. Investors have become accustomed to trading stocks based on such bits of news. However, they have not yet learned to discern news noise from real news on commodities. Agri-Foods have a seasonality to both availability and prices. That seasonality arises because of the planting and harvesting cycle. In between, comes the weather which often makes difficult the forecasting of supply. Read full article... Read full article...
Tuesday, June 10, 2008
Gold Slides as Dollar Bounces on Bernanke's New "Strong Dollar" Policy / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF PHYSICAL BULLION slid further in Asia and London on Tuesday, losing half of the Gold Market 's bounce from last Thursday's three-week low after Ben Bernanke – chairman of the US Federal Reserve – repeated his claim of wanting to fight inflation.Base metal and food prices sank, while crude oil dropped another 0.5% to trade more than $5 below Friday's All-Time Record Oil Price .
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Tuesday, June 10, 2008
Gold Weakens on Another Dollar Dead Cat Bounce / Commodities / Gold & Silver
By: Mark_OByrne
Gold closed at $894.80 in New York and was down 70 cents and silver closed at $17.15 down 22 cents. Both have sold off in Asia overnight and in early European trading this morning.Read full article... Read full article...
Monday, June 09, 2008
Interest Rates and Commodity Cycles- What Makes a Bubble? / Commodities / Resources Investing
By: David_Petch
Larry Moe and Curly formed one of the most successful comedy trios in history, who rightfully so, went with the stage name The Three Stooges . Their routine was based on physical slapstick comedy applied to numerous stories and awkward situations. Their bumbling stupidity and lack of focus on any given situation made for entertaining comedy clips that spanned several decades of the 20th century. An example of their fine comedic routines can be seen in this clip titled Carpenters . To view an infinite supply of "The Three Stooges", simply enter this into the search bar on www.youtube.com and be prepared to be entertained for hours. Read full article... Read full article...
Monday, June 09, 2008
Gold Rally Failure Could be the Shorting Opportunity of the Year / Commodities / Gold & Silver
By: Joe_Nicholson
“The rising trendline from the May low will be a crucial support... with the 50-day sma continuing its decline, the convergence at the trendline will create a crucial decision area that could lead to the new lows mentioned here for weeks. Some Fed members have indicated a desire to reverse their rate cuts aggressively, which seems an optimistic outlook. Greenspan's assurances notwithstanding, the possibility remains of the entire mess devolving into a deep recession.”~ Precious Points: Confirmation , June 02, 2008 Read full article... Read full article...
Monday, June 09, 2008
Gold Follows Crude Oil Higher / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES rose sharply at the London opening on Monday, starting the week $20 per ounce above last Monday's start as crude oil dipped from its new all-time highs.
The US Dollar fell hard on the currency market. The Nikkei share index in Tokyo closed the day more than 2% lower.
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Saturday, June 07, 2008
Crude Oil Sets New High Above $139; Gold Surges as Dollar Dives / Commodities / Crude Oil
By: Jason_Simpkins
Crude oil for July delivery traded at an all-time high of $139.12 a barrel on the New York Mercantile Exchange today (Friday), after the U.S. dollar nosedived on speculation that the European Central Bank would raise its key lending rate and on worries that a bigger-than-expected spike in unemployment meant the U.S. economy was far weaker than feared.
For the day, July crude oil soared $10.75, or 8.4%, to close at an all-time high of $138.54. For the week, the contract climbed 8.8% on the NYMEX.
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Saturday, June 07, 2008
Why there is Speculation in Commodities / Commodities / Resources Investing
By: Money_and_Markets
Mike Larson writes: Congress is up in arms. And the Commodity Futures Trading Commission (CFTC) is on the warpath. Their target: Speculators in the natural resources market.
The CFTC said this week that it's investigating a dramatic rise in cotton prices from earlier this year. It also plans to tighten some rules that apply to investors in the broader agricultural futures markets. Those steps come just a few days after the regulatory body said it would investigate oil trading activity to see if prices are being manipulated.
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Saturday, June 07, 2008
Crude Oil Prices vs the Power of Personality / Commodities / Crude Oil
By: Mike_Shedlock
Shura member calls for oil production curbs in Saudi Arabia .Saudi Arabia's Shura council (parliament) will hold a series of meetings over the next two weeks to discuss a controversial proposal by a key member to curb oil production to save reserves for better prices, Saudi media reported. The council will listen to a report by deputy chairman of the Shura water and public utilities committee, Salim bin Rashid Al Marri, who will argue for cutting crude supplies to maintain the Kingdom's underground reserves.
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Friday, June 06, 2008
Geothermal: A Hot New Power Source / Commodities / Energy Resources
By: Jennifer_Barry
As the global economy attempts to wean itself from dependence on oil, it will search for viable alternatives. Unfortunately, there is no magic bullet on the horizon that will replace petroleum. The solution for the next few decades will be a patchwork quilt of different technologies. The “alternative” energy sources like solar and wind are non-polluting, but they have serious limitations. While nuclear power will be important, it will not be the best solution for all energy needs. Read full article... Read full article...
Friday, June 06, 2008
Gold Stocks Show Bullish Divergence / Commodities / Gold & Silver
By: David_Morgan
It is impossible to extrapolate anything from a single data point, however careful observation usually pays dividends especially when looking for certain clues that financial markets may signal. Today, Thursday June 5, 2008 I noticed that gold was down on the day and yet gold stocks were up. Silver actually had a rather positive day overall and many silver equities were up two to three percent on the day. Normally, when gold is off even slightly and gold stocks show mild strength it is a result of short covering. In fact this is most likely the cause of today's price action. Read full article... Read full article...
Friday, June 06, 2008
Government Raids and Seizures- How Safe Is Your Gold? / Commodities / Gold & Silver
By: Mike_Shedlock
Minyan "SC" is concerned about gold in safe deposit boxes. Just how safe is it? "SC" asks:
There is a disturbing comment by Jim Sinclair about safe deposit boxes in Britain not being so safe from the prying eyes of the government.
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Friday, June 06, 2008
Crude Oil Bull Market Corrections / Commodities / Crude Oil
By: Zeal_LLC
Without a doubt, crude oil is the most important commodity on our planet. Hypothetically if it vanished overnight, our entire modern world would collapse. No goods could move without the oil-derived transportation fuels, so virtually all trade would implode. Unlike nearly every other major commodity, there is just no economically-viable substitute for oil.
And the fundamentals driving oil's secular bull are unparalleled in their strength. As Asia awakens and enters the modern era, global demand for oil is rising relentlessly. Despite today's unprecedented prices, demand remains strong all over the world. And of course once oil is burned, it is gone forever.
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