Category: CRB Index
The analysis published under this category are as follows.Friday, May 29, 2009
Commodities Bull Market Survey / Commodities / CRB Index
Last autumn’s stock panic fueled a particularly hard selloff in the commodities sector. And many folks were quick to proclaim the end of the 21st-century commodities bull. Indeed nearly all commodities prices were hammered, with some experiencing precipitous declines that were unseen since the Great Depression.
But even at the depths of despair, the secular nature of the commodities bull remained intact. Late in October, just prior to the panic lows, I wrote an essay that surveyed the commodities sector and supported my conviction that the commodities bull was not over.
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Friday, April 24, 2009
Bullish Commodities Stocks / Commodities / CRB Index
Out of their dismal lows in early March, the stock markets rocketed 27% higher in a single month! After such fast gains, Wall Street remained skeptical. Was this a typical bear rally that would soon collapse? But as the last couple weeks have shown, it didn’t. Stocks not only held their rally gains, but they continued moving higher.
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Monday, April 20, 2009
Coming Inflation Good for Commodities / Commodities / CRB Index
By Evan Smith and Brian Hicks - Higher inflation is coming. It’s impossible to predict exactly when it will arrive, but the trillions of dollars worth of new money injected into the global financial system make it inevitable.
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Monday, April 13, 2009
Commodities Markets Have Bottomed / Commodities / CRB Index
Commodity prices have started to recover since the massive commodity fund liquidations and inventory reductions at mine, refinery and final consumption levels, which in some instances gave rise to record stock levels of industrial metals on the London Metals Exchange.
The recovery in metal and oil prices should be seen in context, though. The sharp drop in prices rendered a significant quantity of global production uneconomical, resulting in substantial cutbacks in production already seen and planned for the next two to three months.
Friday, April 03, 2009
Commodity Market Forecasts for Copper, Gold and Oil / Commodities / CRB Index
Nobel Laureate Neils Bohr once quipped, “ Prediction is very difficult, especially if it's about the future.” In a world filled with different predictions from dozens of news outlets and hundreds of commentators, Bohr has been proven pretty much spot on in his assessment of predictions.
That's not to say predictions are useless. They are not useless. Predictions (or most of them, at least) are based on a fundamental picture including many variables. In the financial world, they often incorporate economic growth, unemployment, supply and demand, governmental policy changes and a host of other factors.
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Wednesday, April 01, 2009
Commodities Base-building into May / Commodities / CRB Index
KEY POINTS:• The CRB continues to build a solid foundation for the next advance
• Gold expected to remain near $900 in April as US$ holds above support; $1,200 target
• Oil slowly follows gold’s lead upward; first target is $60
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Friday, March 20, 2009
Impressive Relative Strength for Commodity Index DBC ETF / Commodities / CRB Index
The PowerShares DB Commodity Index ETF (AMEX: DBC) is exhibiting impressive relative strength this morning after two powerful up-days. Let’s notice so far this morning that the price range fits inside of yesterday’s high at 21.03, which if hurdled should trigger upside acceleration to 21.40/60 next. If such a move unfolds, the DBC will be on its way to a 20% upmove so far this month of March – in the aftermath of its 60+% decline since July 2009. My intermediate-term work points to a target zone of 24.80-25.30 prior to the conclusion of this leg of a multi-month recovery period.Read full article... Read full article...
Monday, March 02, 2009
Gold Signals Returning Commodities Strength / Commodities / CRB Index
KEY POINTS:• Weaker U.S. dollar in March spells increasing stability in commodities
• CRB still pinned under 240 resistance level; more range trading expected
• Gold advance anticipated in early April; first target is $1,000 to $1,025, second is $1,200
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Wednesday, February 04, 2009
How to Predict Inflation and Deflation Using the CRB Index / Economics / CRB Index
The #1 Predictor of Inflation or Deflation.There is an indicator which has been around since 1957. It has accurately forecasted every inflationary and deflationary cycle since. This is my number one indicator for large cyclic trends. You may want to watch this index carefully should you want to invest in certain stocks and commodity related markets.Read full article... Read full article...
Tuesday, December 16, 2008
Profit from the Commodities Bull Market During 2009 / Commodities / CRB Index
Martin Hutchinson writes: Between September 2007 and June 2008, oil prices doubled, gold rose 30% and commodities, in general, advanced by a similar percentage. So why, six months later, when prices have fallen back below last year's levels, does everybody think they won't rise again? The difficulties of extraction haven't gone away, nor have the prospects of increasing consumption in the faster-growing emerging markets such as China. Yes, the prices of commodities are severely affected by marginal moves in supply and demand, but this is ridiculous!Read full article... Read full article...
Friday, November 14, 2008
Commodities Heading for Significant Demand Destruction During 2009 / Commodities / CRB Index
Crude oil briefly dipped below $55 a barrel yesterday for the first time in 22 months prompted by reports, warning that demand will be significantly weaker in 2009 due to the global economic downturn.Read full article... Read full article...
Tuesday, November 11, 2008
How to Play the Commodity Bottom / Commodities / CRB Index
Special Report Update by Zaner's Research Partner, the Hightower Report - Larry Schneider of the Zaner Group ( http://www.zaner.com/ ) invites you to read their Special Report Update; written by Zaner's research partner, the Hightower Report: One can't know if the measures to contain the credit crisis will ultimately result in a favorable resolution. One also can't determine if the political change in Washington will improve or impede the economic situation.Read full article... Read full article...
Tuesday, November 04, 2008
Commodities, Slowing Economies= Lower Prices / Commodities / CRB Index
KEY POINTS:• Cooling global economies chilling growth prospects for commodity prices until 2010
• Oil remains pinned under $100 over next 18 to 24 months. Downside target revised to $50 to $63 by business-cycle finish
• Downward pressure holds in November for gold, as global funds run to U.S. dollar treasuries; price target lowered
• Natural gas seasonal strength; still waiting for advance. Lowering target
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Friday, October 31, 2008
Commodities Bull Market? / Commodities / CRB Index
The face of today's mainstream financial media has gone from meaningful analysis and commentary to constant tub-thumping between undisciplined Main Streeters, overambitious Wall Streeters, and ignorant bureaucrats. It has turned into a showcase of the blame game, everyone looking for a scapegoat to shoulder the iniquities of the masses.Read full article... Read full article...
Thursday, October 23, 2008
Commodity Prices Inverse Relationship to the US Dollar / Commodities / CRB Index
The connection with commodity prices and the movement of the U.S. dollar continues to remain tight and over-ride year-over-year fundamentals. Oil and gold are particularly linked to the currency and weakness or strength in the dollar are quickly transferred to positive or negative trading patterns for these natural resources.Read full article... Read full article...
Sunday, October 19, 2008
Stocks and Commodities Collapse Due to Threat of Deflation / Commodities / CRB Index
The reason why commodities and stocks have been collapsing is liquidity problems and the consequent threat of deflation, and the collapse has been made far worse as a result of the extreme leveraging that had earlier been employed in the markets, which has resulted in a destructive vicious circle as each downleg triggered a fresh wave of selling as stops and margin calls kicked in.Read full article... Read full article...
Friday, September 26, 2008
Commodities Super Cycle Corrections / Commodities / CRB Index
Overshadowed by the pathetic drama gushing forth from the ailing financial stocks these days, other markets have slipped out of the limelight. In particular commodities, a market-darling sector not too many months ago, have been all but forgotten. This lack of attention is masking great opportunities.
In commodities' case, it is not only the newfound center-of-the-universe status of financial stocks that has shifted investors' focus away. Starting in early July, commodities entered a steep correction. Wall Street, perpetually hating commodities because they compete with the stock markets for capital, gleefully pounced on this event and brazenly declared that commodities were dead. Commodities sentiment turned negative.
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Friday, September 05, 2008
Commodities Correction Continues into September / Commodities / CRB Index
KEY POINTS:• U.S. dollar bounce for four to six weeks expected; target of $0.80 to $0.81
• Broad consolidation for commodities lengthens; business cycle suggests crest is developing
• Gold weakness expected until late September; $725 to $740 is the target
• Oil on support at $105; $120-to-$125 target
• Positive seasonality begins for natural gas
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Thursday, September 04, 2008
Cooling Global Economy Ensures Commodity Correction to Continue / Commodities / CRB Index
The recent rise of the U.S. dollar has triggered the peak in the commodity market and likely halted any further advances for this index during the 2006-2010 market cycle. As energy and precious metals are normally the last sectors to crest during a market cycle, their current weakness signals the start of a broader correction.Read full article... Read full article...
Monday, September 01, 2008
Commodities Bull Market Over? / Commodities / CRB Index
Recent days have seen an intense debate on the hot topic of the year — commodity prices. We have seen commodities across the board tumble in the past few months. Pessimists have started writing obituaries for the commodity bull and pronounced an end to the ascent in commodity prices. The scale of the rout can be seen in the Reuters-Jefferies CRB index, a basket of 19 commodities, which has fallen below 400 points to its lowest level since early April, a drop of about 14 percent since a record peak above 473 in early July.Read full article... Read full article...