Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, August 29, 2008
Gold Bull Market Set to Resume on Strong Fundamentals / Commodities / Gold & Silver
By: Zeal_LLC
As the precious metals summer doldrums come to a close, we need to assess the damage from another season of gold hatred and disdain. Like déjà vu for veteran gold investors, the mainstream financial media took advantage of gold's seasonal weakness to proclaim the death of the Ancient Metal of Kings.
From a technical perspective gold's summer activity indeed gave the naysayers fodder to jump on the “End of the Gold Bull!” and “Gold's Bubble has Burst!” bandwagons. Gold's $190 plunge from mid-July to mid-August saw it knife through a number of key support levels. This caused blood to flow in the streets even for the gold faithful.
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Friday, August 29, 2008
Gold Registers Near 10% Drop for August / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD reversed an earlier 1% drop as the Wall Street opening approached on Friday, touching $838 an ounce as Asian stock markets ended the month 3% lower and government bond prices rose.Up $15 from last Friday, gold prices were heading for their second week-on-week gain. But they remained at an 8% discount to the close of July.
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Friday, August 29, 2008
Gold Flat lines Despite Russian Threats to Cut Europe's Oil and Gas / Commodities / Gold & Silver
By: Mark_OByrne
Gold has flat lined and is marginally higher this morning with the dollar marginally lower and oil marginally higher on continuing concerns about the possible impact of tropical storm Gustav.
Gold has been gradually edging higher for the last two weeks and appears to be ready to rally in the seasonally strong autumn months due to the strong fundamentals. Especially given deepening concerns regarding the global economy, heightened geopolitical risk on increasing tensions in Russia and the continuing supply demand issues in the physical bullion market.
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Friday, August 29, 2008
Commodities Bull Market Sill in Tact / Commodities / Resources Investing
By: Aden_Forecast
The markets have been extremely volatile over the past few weeks. Investors have been spooked and many are wondering what to do, if anything.
For now, based on our analysis, gold's bull market remains in force. That's the bottom line. Even though there have been some wild swings, the major trend is still up and as long as that's the case, we recommend holding your positions.
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Friday, August 29, 2008
No Smoking Gun on Silver Price Supression Conspiracy / Commodities / Gold & Silver
By: Mike_Shedlock
The amount of hate email I have been receiving in response to The Great Gold, Silver Conspiracy Explained is large but not unsurprising. People simply want to blame others for their own trading mistakes. I will have more on that in a separate post. Most of the emails I received are unprintable because of the profanity. However I will print one of them anyway with slight edits. I will voluntarily withhold the name of the person writing although no such request was asked.
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Thursday, August 28, 2008
Gold Rallys Towards Resistance at $846 / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF GOLD BULLION rose yet again in London on Thursday, touching $840 an ounce just ahead of the Wall Street open and recovering almost one-third of the 21% plunge witnessed since mid-July." Gold is still capped by the big resistance at $846," reckons Peter Tse at Scotia Mocatta in Hong Kong , speaking earlier to Reuters.
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Thursday, August 28, 2008
UBS Unprecedented Physical Gold Demand / Commodities / Gold & Silver
By: Mark_OByrne
Dollar weakness, firm oil and continuing tension in the Caucasus are leading to gold remaining well bid this morning. Warnings from Nato to Russia to stay out of Ukraine and calls for the European Union to be ready for “hard headed engagement” with Moscow are not doing much to help confidence in already nervous markets.Read full article... Read full article...
Thursday, August 28, 2008
The Great Gold, Silver Price Manipulation Conspiracy Explained / Commodities / Gold & Silver
By: Mike_Shedlock
Gold and silver prices have crashed. Ted Butler, Rob Kirby, James Conrad and others are all blaming manipulation. Let's take a look at those manipulation theories starting with Ted Butler. Lessons of a Lifetime
Here are a few excerpts from Ted Butler's Lessons of a Lifetime .
The drastic sell-off in silver (and gold) is further proof of an ongoing manipulation to the downside.
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Thursday, August 28, 2008
Natural Gas Constructive Bullish Pattern / Commodities / Natural Gas
By: Mike_Paulenoff
Purely from a technical perspective, U.S. Natural Gas Fund (AMEX: UNG) weakness after its pre-open high at 41.00 to 38.91 represents a "gap-filling" expedition"' -- at least, so far. The fact that selling pressure filled the entire up-gap this morning and then buyers re-emerged to push up prices to 39.62, as we speak, warns us that the action is a correction within an underlying advance off of Monday's low at 35.67. As of this moment, the UNG pattern remains constructive within the overriding bullish potential indicated by hurricane Gustav.Read full article... Read full article...
Thursday, August 28, 2008
The Real Silver Price Based on Paper or Silver Bullion? / Commodities / Gold & Silver
By: Peter_Degraaf
Once-upon-a-time, in ‘never-never' land, there were two competing silver prices. These two silver prices were at loggerheads with each other. Every time the ‘real' silver price began to rise, a ‘paper' silver price would show up in large quantities and scare some of the holders of real silver to dump and run.
Silver miners and coin dealers with ‘real silver' in inventory, instead of being organized, and using supply and demand to determine the price of silver, would look at a computer screen, check to see what ‘paper silver' was doing and meekly accept that as the price at which to sell silver.
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Thursday, August 28, 2008
Fannie and Freddie Failure Would be Catastrophic for Global Financial System / Commodities / Credit Crisis 2008
By: Mark_OByrne
Gold finished trading in New York on Friday at $819.30, down $7.60 and silver was down 14 cents to $13.36. Gold and silver traded sideways in Asian trading prior to a sell off in early European trading this morning. Gold is trading at $811.30/811.70 per ounce (1030 GMT).Read full article... Read full article...
Thursday, August 28, 2008
U.S. Mint Rations Gold Eagle Coins / Commodities / Gold & Silver
By: John_Lee
The U.S. Mint announced Monday that it would resume taking orders of American Eagle coins on a limited basis after last week's sales suspension. At this very moment in time, orders on gold coins are taking weeks or even months to fill. From
Reuters' report (full version available here ):
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Thursday, August 28, 2008
Gold Heading for a Lower Low? / Commodities / Gold & Silver
By: Joe_Nicholson
“Bull or bear, call it what you will, the fate of precious metals seems to rest with the U.S. and European economies and the extent to which the monetary base will have to be inflated to prevent a deflationary spiral. The rally off the July 15 lows in stocks has shown the market tends to overreact in these situations. And in this case, the cause for the selloff is rather tenuous at best, and based on some uncertain assumptions.” ~ Precious Points: Bye-bye Bull? August 15, 2008Read full article... Read full article...
Thursday, August 28, 2008
Holiday Season Stocks and Commodities Trading / Commodities / Financial Markets
By: Dominick
The low volumes and relatively low volatility posted over the last several days is proof that many traders are on vacation, or at least biding their time before getting back into the market, whichever side they might choose. And even though I personally took some time off to move my oldest child to college, the closest I've come to a vacation in the last three years, that didn't stop TTC members from getting accurate and timely charts and taking some profits out of the humdrum summer market.Read full article... Read full article...
Thursday, August 28, 2008
How Richard Nixon "Goldfingered" the World: Operation Melt Down, Part I / Commodities / Gold & Silver
By: Adrian_Ash
Fear, Mr. Bond, takes gold out of circulation and hoards it against the evil day. In a period of history when every tomorrow may be the evil day, it is fair to say that a fat proportion of the gold dug out of one corner of the earth is at once buried again in another corner...– Ian Fleming's Goldfinger (1959)
FIFTY YEARS AGO – just as the fictional 007 was thwarting Auric Goldfinger's plan to empty Fort Knox and take America's gold to Soviet Moscow – the US Treasury feared a very genuine loss of its real gold reserves.
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Wednesday, August 27, 2008
Gold Bounce from Oversold Levels / Commodities / Gold & Silver
By: Merv_Burak
Gold was basically in a bounce mode this past week but unfortunately closed on the down side on Friday. It needs a lot more upside activity or lateral strength building to prove that it is back on a roll.
GOLD - LONG TERM : Although the week was somewhat positive nothing from the long term has changed. The message of the P&F chart has remained as shown last week although we now have a column of 4 Xs.
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Saturday, August 23, 2008
Trading Gold Silver Arbitrage / Commodities / Gold & Silver
By: David_Morgan
In economics and finance, arbitrage is the practice of taking advantage of a price differential between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices. When used by academics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, a risk-free profit. An entity such as a bank or brokerage firm that engages in arbitrage is called an arbitrageur. The term is mainly applied to trading in financial instruments, such as bonds, stocks, derivatives, commodities, and currencies. (Source Wikipedia.)Read full article... Read full article...
Friday, August 22, 2008
Gold Wild Trading Technical Signals / Commodities / Gold & Silver
By: Chris_Vermeulen
Gold Signals seem to be popping up everywhere this week in our collection of gold exchange traded funds . This is a quick gold sector updated on the current price action of some of the best gold exchange traded funds.
How to Find Low Risk High Return Gold Signals
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Friday, August 22, 2008
Commodities Investors Shaken By Dollar Rally / Commodities / Gold & Silver
By: Peter_Schiff
In football, when a running back intends to cut to the left, he often first fakes right. This move is designed to make the defense commit their resources in the wrong direction. It is my experience that markets often follow a similar path. Just prior to a major move in one direction, markets often make a sharp move in the opposite direction first. With respect to the dollar, gold, oil and other commodities, many on Wall Street have bought into the head fake, and will soon be watching in amazement as the runner sprints to the end zone.Read full article... Read full article...
Friday, August 22, 2008
Freddie Mac's Loss is Gold's Gain / Commodities / Gold & Silver
By: John_Lee
Sometimes people are so caught up in short-term action that we don't look at the long-term picture.
I have said it before: gold goes up not because of inflation (defined as money supply growth), but because of a loss of confidence of in the paper money system. Loss of confidence can occur for several reasons, from creeping up cost of living, rising commodity prices (aside from gold), or feelings that the integrity of the money system is compromised.