Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, June 04, 2008
Gold Recovers One-Third of "Bernanke Plunge" / Commodities / Gold & Silver
SPOT GOLD PRICES recovered one-third of yesterday's $18 plunge early Wednesday as crude oil slid to a three-week low and European equity markets dropped 2%, led lower by mining and banking stocks.The Euro ticked higher against the Dollar, regaining a quarter of Tuesday's two cent plunge.
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Tuesday, June 03, 2008
Crude Oil Crisis Coming to an End? / Commodities / Crude Oil
Now that the financial system has been bailed out, it remains for the beleaguered consumer to be rescued from the doldrums he currently faces. When will the consumer finally be freed from the torment that is so prevalent out there? It shouldn't surprise you that the answer will come from today's most talked about culprit: the price of oil.
With oil and gasoline prices through the roof, food prices on the rise and concerns about the stability of the U.S. economy prevalent, it's no wonder that consumer sentiment is at a multi-decade low right now. Take a look at the latest chart below.
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Tuesday, June 03, 2008
Neutral Dollar is Bearish for Gold / Commodities / Gold & Silver
As is readily apparent, the Gold market had been living this past year in those rare best of times. Federal Reserve was on a determined course to lower interest rates. That encouraged selling of U.S. dollar, pushing it down in value. At the same time, a mini mania developed in paper oil market. While no shortage of physical oil could be found, the paper oil market moved higher. Those factors emboldened Gold traders to bid the metal higher.Read full article... Read full article...
Tuesday, June 03, 2008
Gold Lifted Followng Bradford & Bingley Banking Sector Shockwaves / Commodities / Gold & Silver
Gold closed at $893.50 in New York yesterday and was up $6.50 and silver closed at $16.87 and was up 4 cents .Gold's rise yesterday came despite little or no movement in the dollar and oil price and seems to have been primarily safe haven buying on continuing concerns about the credit crisis.
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Tuesday, June 03, 2008
Gold Safe Haven Play as Credit Crunch Hits Banks Again / Commodities / Gold & Silver
SPOT GOLD PRICES slipped 0.5% as the US open drew near on Tuesday after touching yesterday's three-session high of $897 per ounce early in London .The European single currency – celebrating its tenth anniversary this week – also rose to its best level vs. the Dollar since Thursday, hitting $1.5630 on the currency markets.
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Tuesday, June 03, 2008
Higher Oil Bullish for Clean Energy? Not Necessarily! / Commodities / Energy Resources
One would think that if crude oil were about to spike to $150/bbl or higher,
that the "clean energy" portfolio, otherwise known as solar stocks, would be
a bit more buoyant, right?
However, let's notice that just the opposite situation has developed: the
PowerShares Clean Energy Portfolio (AMEX: PBW) looks vulnerable to a
nose-dive towards the 20.00 support area (another 10% on the downside from
current levels)!
Monday, June 02, 2008
Commodities Forecast to Pause in June, Up in July / Commodities / Resources Investing
KEY POINTS:• CRB Index rests in June, but 450 remains the target by August
• Oil hits target of $134; supply concerns point to even higher numbers in late 2008
• Consolidation above $10.40 for natural gas; prices expected to reach $14 by year-end
• Commodity-sector rotation points to base metals as next to advance; late summer is expected breakout time
• Gold shares head into seasonal weakness
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Monday, June 02, 2008
Gold Rises on Credit Crisis as UK Banks Slump / Commodities / Gold & Silver
SPOT GOLD PRICES jumped 1.2% higher after an early dip on Monday, gaining as European stock markets fell sharply.The Gold Price then fell back to trade near to last week's close as the New York opening drew near.
US stock futures pointed down, while crude oil prices slipped 1.3% to fall below $126 per barrel.
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Monday, June 02, 2008
Apex Silver Mining: Buy, Sell or Hold? / Commodities / Gold & Silver Stocks
Some of our readers are stockholders of Apex Silver Mines Limited and have written expressing their concern about this stocks performance. Firstly, we must point out that we are not financial advisors; we represent a small group of investors in the United Kingdom and also invest our own funds in the precious metals markets. However we will throw our humble opinion into the ring in an attempt to answer our reader's requests.Read full article... Read full article...
Sunday, June 01, 2008
Gold Correction Confirmation / Commodities / Gold & Silver
“The primary expectation [is]… a three-wave correction off the recent lows, culminating in a 5-wave move up that will reverse and produce new lows. One more new high to complete c of b is likely. A move back below the 50-day sma would tend to contraindicate the impulsive count, but overlap of wave 1 at $890 is needed to invalidate the impulse… while physical buyers who've chased the rapidly rising price are literally left holding the bag.” ~ Precious Points: B Unbiased, May 25, 2008Read full article... Read full article...
Sunday, June 01, 2008
Gold and Silver at Crucial Point Between Bull and Bear / Commodities / Gold & Silver
It was a bad week but not yet a disaster.
Illness in the family. Commentary will be short.
GOLD: LONG TERM For the next few weeks, time will not permit a detailed review of the precious metals market. I would recommend that readers go to the TABLE of Precious Metals Indices for a view of the technical information about the various Indices and markets.
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Sunday, June 01, 2008
Gold and Silver Heading for Imminent Deflationary Crash? / Commodities / Gold & Silver
Welcome to the Weekly Report. This week we look at the end of the western world as we know it. Well okay if not the end then it's the beginning of the end. My interest over the past few weeks has switched from stocks into bonds. Interesting things are happening to bonds and we should take note. We round off this week with a look at the Dow and a new indicator.Read full article... Read full article...
Saturday, May 31, 2008
Energy and Natural Resources Bull Market Investing / Commodities / Resources Investing
The world is now several years into the commodities secular bull market that is expected to span many decades. Undoubtedly the market trends will contain many mini-bear markets within the overall bull market as prices are bid higher by speculators chasing limited supply as we have witnessed with rice these past few weeks and are likely to witness with crude oil later this year.Read full article... Read full article...
Saturday, May 31, 2008
The Great Oil Price Swindle- Market Manipulation or Fraud? / Commodities / Crude Oil
The Commodity Futures and Trading Commission (CFTC) is investigating trading in oil futures to determine whether the surge in prices to record levels is the result of manipulation or fraud. They might want to take a look at wheat, rice and corn futures while they're at it. The whole thing is a hoax cooked up by the investment banks and hedge funds who are trying to dig their way out of the trillion dollar mortgage-backed securities (MBS) mess that they created by turning garbage loans into securities. That scam blew up in their face last August and left them scrounging for handouts from the Federal Reserve. Now the billions of dollars they're getting from the Fed is being diverted into commodities which is destabilizing the world economy; driving gas prices to the moon and triggering food riots across the planet.Read full article... Read full article...
Saturday, May 31, 2008
Your Silver Holdings are they Paper or Real ? / Commodities / Gold & Silver
In 2001 I was asked to write the "Ten Rules of Silver Investing" for the investing rules book published in Great Britain in 2001. The complete title of this book is The Global-Investor Book of Investing Rules -- Invaluable Advice from 150 Master Investors . My portion is available for free to anyone on the Internet willing to sign up here . In this week's article, let us examine Silver Investing Rule Number Six.Read full article... Read full article...
Friday, May 30, 2008
Silver Stocks Long-term Fundamentals Remains Excellent / Commodities / Gold & Silver Stocks
If you've been following the financial markets in recent months you'll likely have noticed that precious metals are still deep-out-of-favor contrarian plays. The stock-market cheerleaders presenting the financial news jeer the PMs and still attribute their record-high “bubble” levels to nothing but inflation and anti-dollar hedges. Rarely are PM fundamentals considered.
With this universally rotten PM sentiment it is apparent that the metals and their related stocks are still far from being mainstream favorites. This is just fine though as it tells us there is still a long way to go in their secular bull markets.
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Friday, May 30, 2008
Don't be Afraid, Buy Gold / Commodities / Gold & Silver
As the price of gold has taken some lumps since it crashed into the symbolically significant $1,000 per ounce mark back in March, those on Wall Street who had consistently underplayed its potential on its way up are now assuring its continued retreat. According to these gold market spectators, prices have risen solely as a result of financial panic, and now that the fear has apparently subsided, gold's gains will evaporate as well.Read full article... Read full article...
Friday, May 30, 2008
Inflation Leaves Investors Little Choice But to Invest in Commodities / Commodities / Resources Investing
The peaceful co-existence between commodity-related investments and most sectors which comprise the broader US Stock indices, is drawing to a close. As inflation tightens its grip over the world economy, US treasuries and stocks (consumer-related, tech, and financials) will suffer while investments in tangible assets will see their gains accelerate higher. I consider the terms "inflation" and "currency debasement" to be largely synonymous. The bottom line is that purchasing power is going to drastically decline. Income and wealth is not going to keep up with rising prices for goods and services for the US consumer. Hard asset investments will emerge as the sole safe haven against the deleterious effects of inflation.Read full article... Read full article...
Friday, May 30, 2008
Gold Bugs Switching to Black Gold? / Commodities / Gold & Silver
I’m beginning to wonder if some of the gold bugs are starting to switch to the dark side (crude oil). Why? Well, gold and crude oil have been very closely correlated on many occasions – mostly due to the long-term dollar bear market. Except right now, amidst surging oil prices (seems like a new record everyday), gold prices are just muddling around with a downward tilt. You know the gold bugs can’t be happy watching things play out this way.Read full article... Read full article...
Friday, May 30, 2008
Commodities Boom- You ain't seen Nothing Yet! / Commodities / Resources Investing
Nearly every natural resource under the sun is about to enter the second, most powerful phase of their bull markets, eventually reaching dizzying heights that make today's record prices seem tame by comparison.
Almost everyone would scoff if I gave you my peak projections for copper, uranium, corn, wheat, and each of the other commodities I follow. They'd probably lock me up in Bellevue!
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