Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, March 05, 2008
Bernanke's Stagflationary Gold Show Must Go On? / Commodities / Gold & Silver
By: Brady_Willett
Ben Bernanke has attacked the threat of deflation with great zeal. We knew that he would. But what we don't know is how Mr. Bernanke will respond to today's stagflationary pressures, if at all, and/or whether or not the slumping dollar will eventually ignite a monetary policy response. Yes, Mr. Bernanke has assured policy makers and investors that fighting recession is higher on the Fed's check list than directly attacking inflation. However, if USD creation is the primary cause of the inflationary problem now rupturing through out the global economy Bernanke may have little choice but to eventually switch focus. Read full article... Read full article...
Wednesday, March 05, 2008
Gold Continues on its Exciting Climb Higher! / Commodities / Gold & Silver
By: David_Vaughn
Even the threatened IMF gold sells have failed to slow gold's momentum. Winter continues beating down on us providing colder and colder days here in the south. The mountains receive the snow but the Piedmont remains clear.
Well the last of the democratic nominations are winding up. How will gold be affected regardless of who enters the White House? Who ever enters the house on the hill will have no strategy except to continue the present course which is unabated money creation which in turn leads to greater inflation.
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Wednesday, March 05, 2008
Gold: Two All-Time Records with $30 Between / Commodities / Gold & Silver
By: Adrian_Ash
"...Miss your chance to buy gold at a $30 discount last night...?"
WELL THAT CAME and went pretty quick!
Gold Prices dumped almost $30 per ounce late Tuesday, only to pick them right back up again by Wednesday's close in London , before racing above $990 per ounce as New York wound down the day by itself.
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Wednesday, March 05, 2008
New Way to Invest in the Commodities Super Cycle / Commodities / Resources Investing
By: Money_and_Markets
Sean Brodrick writes: In 2007, gold prices shot up 36.6% ... crude oil prices rocketed higher by 70.8%... and agriculture prices — corn, wheat, soybeans and more — soared to new records.
And they just continue to surge in 2008! This week, gold, oil, coal, corn and soybeans all hit new all-time highs, and many other commodities marched higher.
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Wednesday, March 05, 2008
Gold in Tight Range Head of US Economic Data / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF GOLD held in a tight $6 range early in London on Wednesday, trading 0.8% above last night's three-session low as Asian stock markets closed lower for the fifth day running and US bond prices rose ahead of a raft of economic data.Read full article... Read full article...
Wednesday, March 05, 2008
Gold and Precious Metals Sell off on Profit Taking / Commodities / Gold & Silver
By: Mark_OByrne
Gold and silver gave up the previous day's gains with gold down $15.50 to $964 per ounce in trading in New York yesterday and silver down 32 cents to $19.74 per ounce. No follow through was seen in Asian trading but in European trading, gold and silver have continued to correct. The London AM Gold Fix at 1030 GMT this morning was at $966.25, £488.30 and €636.15.Read full article... Read full article...
Wednesday, March 05, 2008
Uranium Stocks Rally Comes to an End as Downtrend Reasserts Itself / Commodities / Uranium
By: Merv_Burak
That nibble, nibble just turned into a big bite. It looks like the rally has come to an end with the direction of least resistance being once more to the down side. The Merv's Daily Uranium Index closed lower today by 0.084 points or 2.36%. There were 8 winners and a whopping 36 losers. I was hoping against hope we would be getting these figures but in the reverse order. 6 stocks closed unchanged on the day. As for the majors, they all closed lower. Cameco lost 0.9%, Denison lost 4.1%, First Uranium lost 1.0%, Paladin lost 0.9% and Uranium One lost 2.6%. The best performer of the few that closed on the up side was Bayswater Uranium with a gain of 5.2%. The worst performer was Uracan Resources with a loss of 15.7%.Read full article... Read full article...
Wednesday, March 05, 2008
Commodities Sell Off, Though Natural Gas Bucks Trend / Commodities / Resources Investing
By: Mike_Paulenoff
Oil, gold, and the agricultural commodities are experiencing some serious
selling pressure for a change, as reflected by the charts through Tuesday.
First let's have a look at the DBA (Proshares Agricultural Commodity, ETF).
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Wednesday, March 05, 2008
Gold Bugs: Who's Crazy Now? / Commodities / Gold & Silver
By: Joe_Nicholson
March 2nd update for members - “Though it seems a stall in the rally may be ahead if the Fed continues to jawbone the issue of inflation, I am compelled to revise my charts in a decidedly bullish fashion.” ~Precious Points: The Bubble Inside the Bubble, February 23, 2008
There was a time, not all that long ago, when being a “gold bug” carried the stigma of being a bit on the fringe, when accumulating physical metal was deemed akin to building and stocking an underground bunker complete with canned beans and tinfoil hats.
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Wednesday, March 05, 2008
Natural Gas Unseasonal Price Rise. Why is it Rising? / Commodities / Natural Gas
By: Donald_W_Dony
Something is happening to natural gas that should occur at this time of the year; it is rising. This commodity normally starts to strengthen early in the 4th quarter or, to a lesser degree, advance during the summer months. But rallying in between these higher demand periods is certainly unique, and more importantly, breaking through the solid price resistance level of $9.00 is very unexpected. So, what is driving this natural source higher? Read full article... Read full article...
Tuesday, March 04, 2008
Egg Prices Hit New Highs as China and India Change Agri-Foods Dynamics / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Easter Bunny may have serious trouble making deliveries this month. Changing fundamentals in the Agri-Food sector have pushed the price of eggs up dramatically. Easter Bunny might not be able to afford as many eggs this year. This week's graph is of cash price of a dozen eggs. While headlines may be filled with dramatic price move in wheat, eggs have been doing quite nicely. After touching about $0.63 per dozen earlier this year, that price moved to almost $1.49 six months later.Read full article... Read full article...
Tuesday, March 04, 2008
Gold Makes Near Term Peak / Commodities / Gold & Silver
By: Mike_Paulenoff
In our 10 am posting to subscribers yesterday we discussed the powerful up-gap opening in the streetTRACKS Gold Shares (NYSE: GLD) and the fact that the GLD had hurdled the resistance line of its multi-month bullish price channel. We wrote: "This is very interesting action in the GLD -- to see if the up-gap up here can be preserved…[and] to see if the GLD can hold above its upper channel line (96.67) because usually a thrust above the upper channel concludes the underlying upleg."Read full article... Read full article...
Tuesday, March 04, 2008
Gold Long-term Elliott Wave Count Analysis / Commodities / Gold & Silver
By: David_Petch
I have spent at least 15 hours trying to find symbols for gold on my data feed to no avail. I might have found one way to get it, but the cost for one single quote is not justifiable. As such, I subscribed to Stockcharts to obtain charts. They do not offer data far back enough to produce long-term charts, so what you see is what you get. Read full article... Read full article...
Tuesday, March 04, 2008
Gold Holding Pattern Below $1000 on Dollar Central Bank Support / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT GOLD MARKET recovered an overnight dip of 0.5% as the US open drew near on Tuesday, taking the price of physical Gold Bullion within $1.50 of Monday's new record high.Global stock markets meanwhile continued to drop, losing 2% in Hong Kong , as soft commodity prices dipped together with base metals.
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Tuesday, March 04, 2008
Gold Trending To Hit $1200 in 2008 / Commodities / Gold & Silver
By: Mark_OByrne
Gold was up $10.10 to $980.50 per ounce in trading in New York yesterday and silver was up another 33 cents to $20.06 per ounce (more on silver below). In Asian and early European trading, gold and silver have remained strong and near respective record and 27 year high levels at $988.25 and silver reached $20.70. Gold also strengthened in British pounds and in euros to new record highs. The London AM Fix at 1030 GMT this morning was at $981.75, £494.56 and €646.31.Read full article... Read full article...
Tuesday, March 04, 2008
US Housing Bust Creating a NEW SuperBoom / Commodities / Resources Investing
By: Money_and_Markets
Martin Weiss writes: After last week's bombardment of news reports, anyone who still thinks the U.S. economy is not sinking rapidly into recession is either trying to push a biased agenda or living on another planet.
The dire reality:
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Monday, March 03, 2008
Silver Short-term Extremely Overbought Situation / Commodities / Gold & Silver
By: Clive_Maund
Over the past week or so we have been seeing the acceleration by silver that we expected following its anticipated breakout against the Euro and the Swiss France. However, coming on top of strong gains since the low last December, this has resulted in an extremely overbought condition developing. Read full article... Read full article...
Monday, March 03, 2008
Crude Oil Topping While Dow Transports Looks Bullish / Commodities / Crude Oil
By: Mike_Paulenoff
Let's notice that from July 2007 into the third week of January, rising oil prices, as reflected by the US Oil Trust ETF (NYSE: USO), depressed prices of the DJ Transports, as reflected by the iShares DJ Transport ETF (AMEX: IYT). However, since late January, oil prices and the transports both generally have maintained an upward trajectory. Why? My sense is that the most recent upmove in oil from $70 to $82 in the USO (from $86 to $103 in nearby crude oil) reflects the final, speculative blow-off type move in oil prices -- the aftermath of a sideways congestion period, juxtaposed against a transportation index that is discounting improved economic conditions that should be forthcoming from an accommodative (soon to become a MORE accommodative) Fed.Read full article... Read full article...
Monday, March 03, 2008
Gold Price Strong in All Currencies -Chocolate Bunnies & the Easter Heatwave / Commodities / Gold & Silver
By: Adrian_Ash
"...Those who oppose reform may get revolution..." - John F. Kennedy, speaking of Latin America in 1962
THE EURO HIT fresh all-time highs versus the Dollar already this month – and we're only one trading day in.
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Monday, March 03, 2008
Investors Dive into Commodities and Resources ...as a Safe Haven? / Commodities / Resources Investing
By: Dr_William_R_Swagell
“With credit and equity out of favour, investment managers ride the commodities price boom...International investment managers have dived into the commodity market to exploit sharp price rises across the board, leaving behind the troubled credit and equity markets to focus on the China-India boom story... ‘The other thing (is the) hedge funds and the commodity trade advisors who can go long and short' said Citi's global head of commodities Alan Heap. ‘They are covering their short positions very aggressively and that is fuelling the fire as well, particularly for copper.” Scott Murdoch, The Australian Feb 23-24, 2008. Read full article... Read full article...