Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Sunday, February 24, 2008
Monetary Inflation Feeding Precious Metals Bull Markets- The Bubble Inside the Bubble / Commodities / Gold & Silver
By: Joe_Nicholson
“Despite seasonality beginning to work against gold and silver, there is no bearishness or call to short here. Copper could be set to break out of a multi-year consolidation.” ~Precious Points: Bull Markets in Metals, February 16, 2008
It would be easy to give the most unabashedly bullish picture for metals week after week. The temptation to do so is very real given that I've been a believer in the metals story since before the subprime meltdown, before the faintest whisper of a possible crisis in exotic credit-based derivatives began appearing on the web (but nowhere in the mainstream commercial media). But this week, 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.
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Sunday, February 24, 2008
Oil and Gold Inflation Assets Hit New All-Time Highs / Commodities / Elliott Wave Theory
By: Robert_McHugh_PhD
This week saw both Gold and Oil hit new all-time highs. Gold rose to $958.40 on Thursday, February 21 st . Oil rose to $100.86 on Wednesday, February 20th . Silver also busted out higher, hitting $18.19 Friday, February 22 nd . In the face of deflating housing prices, stock prices, and high risk credit assets, gold, silver, and oil are flying high. What is going on? Read full article... Read full article...
Sunday, February 24, 2008
Gold Push to New Highs Lacks Strength / Commodities / Gold & Silver
By: Merv_Burak
The price of gold continues into new highs BUT the strength of such recent move keeps getting weaker. Either the strength needs to improve soon or the weakness may dominate.
GOLD : LONG TERM
I thought it was time to check in again on the long term P&F Chart. Since we last looked in on it we have gone though a consolidation period and have broken into new highs. Most important, the action has now given us a higher value as a major support which, if breached, may give us a bear market reversal signal.
Sunday, February 24, 2008
Gold's Hypnotic $1000 Price Target and the Outlook for Precious Metal Shares / Commodities / Gold & Silver Stocks
By: Clif_Droke
There is a lot of fear circulating around the Internet concerning gold/silver and the gold/silver stocks. As contrarians, that's exactly what we like to see. It lets us know the prevailing trend (up) is still intact and that higher prices are likely to be seen before the next interim top is in.
The fear in the PM stocks among the “dumb money” trading public almost perfectly mirrors the optimism shown by the “smart money” traders who have recently been buying the PM stocks with both hands in anticipation of another leg up in the momentum market for the gold stocks. Take for instance the latest readings in the CBOE Gold Index put/call open interest.
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Saturday, February 23, 2008
Energy Sector Peak Oil Trends Paint “A Very Alarming Picture” / Commodities / Energy Resources
By: Joseph_Dancy
While energy demand may be tempered by a slowdown in global economic growth, longer term growing energy demands and supply constraints will continue to present incredible challenges. Much more capital will need to be allocated to the sector to address supply issues, which should create opportunities for investors. We noted the following developments in the energy sector last month:Read full article... Read full article...
Saturday, February 23, 2008
XAU Gold Stocks Index Brought Down Through Derivatives Market Manipulation / Commodities / Gold & Silver Stocks
By: Rob_Kirby
Who remembers when the effects of the sub-prime contagion and subsequent freeze-up of the debt markets began to make itself visible?
For those of you who might be unaware, it was the summer of 07 – and I'd like to present this little picture of how the DOW JONES reacted to the impending financial seizures and ‘broke down' as a little refresher:
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Saturday, February 23, 2008
Could Gold Mimic Platinum's Parabolic Move? / Commodities / Gold & Silver
By: Mike_Paulenoff
My technical work is telling me (and has been telling me) that gold prices (the GLD) is on borrowed time on the upside, and that they will implode IF in fact the global slowdown story has any merit. Then again, growing perceptions of stagflation could last a while longer, until the commodity sector rolls over amidst evidence of a global economic contraction.Read full article... Read full article...
Saturday, February 23, 2008
Will the G-7 Nations Impose Capital Controls? / Commodities / Credit Crisis 2008
By: Julian_DW_Phillips
Finance leaders from the Group of Seven, industrialized nations discussed collective action “to calm markets, if price moves become irrational .” Finance ministers and central bankers from the G7 –the United States, Canada, Japan, Britain, France, Germany, and Italy—said that financial market turmoil was serious and persisting. They also said more work was needed to restore markets to good working order and safeguard global growth. The European Central Bank believes that turbulence on financial markets could continue for months. Read full article... Read full article...
Friday, February 22, 2008
HUI Gold Stocks Index Up-Legs Structure Analysis / Commodities / Gold & Silver Stocks
By: Zeal_LLC
Despite very difficult prevailing stock-market conditions, the HUI unhedged gold-stock index has soared 55% since mid-August! You'd think gold-stock traders would be thrilled with such awesome gains. Instead they are very disappointed, because gold itself is up 45% over this same period of time and the HUI hasn't adequately leveraged its gains.
To delve into this vexing conundrum, a couple weeks ago I updated my research on HUI leverage to gold . It showed that leverage varies wildly over the course of uplegs, so it is pointless to worry about mid-upleg. Like the weather, it will soon change. As I was doing this leverage research, some fascinating peripheral insights into the technical structure of HUI uplegs became apparent.
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Friday, February 22, 2008
Experts: Global Food Shortages Could ‘Continue for Decades' / Commodities / Agricultural Commodities
By: Joseph_Dancy
Global inventories of grains are nearing historic lows, while twenty percent of the U.S. corn crop this coming year will be used for ethanol production. Meanwhile wheat, rice and soybean prices have reached all-time highs and corn prices have jumped to a 12-year high.
Demand for grain continues to increase adding upward pressure on the price of agricultural products. We expect this trend to continue. Recent developments in the sector, found in various publications, include:
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Friday, February 22, 2008
Gold Mining Stocks Fail to Keep Pace With New Gold High / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES held inside a $7 range in London early Friday, recording a new all-time high the AM Fix of $945.75 per ounce as Asian and European equities reversed this week's gains and the US Dollar fell to a 10-session low."It's been six months this week since the Fed started cutting interest rates – and gold has gone nuts," as BullionVault told Bloomberg earlier today.
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Friday, February 22, 2008
Stagflation Fears Drive Gold to New All Time Highs / Commodities / Gold & Silver
By: Mark_OByrne
Gold rose $11.10 to $945.70 per ounce in trading in New York yesterday and silver was up 18 cents to $17.90 per ounce. Gold and silver have traded in a narrow range in Asian and early trading in Europe. Gold reached new record nominal highs at $952.75 and silver has surged over $18 per ounce to new 27 year highs at $18.06.Read full article... Read full article...
Thursday, February 21, 2008
Gold Breaks New Record - Public Waking Up! / Commodities / Gold & Silver
By: Brent_Harmes
Gold just broke to another all time high yesterday rising above $944 per ounce.Read full article... Read full article...
Thursday, February 21, 2008
Gold Reacting to Central Bank Money Attempting to Prevent Collapsing Credit Bubble / Commodities / Credit Crisis 2008
By: Christopher_Laird
Bottomless financial pits - With gold again having a try at $1000, speculators aside, one wonders how far that has to go?
Well, for one thing, Central Banks have posted about only $2trillion worth of financial injections and bailouts since only August 07 to combat the credit collapse.
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Thursday, February 21, 2008
Access to Water of Paramount Importance for Mining Operations / Commodities / Metals & Mining
By: David_Petch
Careful about Moving to Nevada - I have one thread that basically sums up the title for the introduction so please read before continuing further into the article: http://www.physorg.com/news122050436.html . Access to water is essential for mining and nuclear power plants and if Lake Mead continues to decline in volume, the Hoover dam will become a modern day Pyramid…a derelict of the past that had a purpose only to be viewed as a monument of the technical savvy of those that went before them. This event could affect millions of people, so as an aside, avoid purchasing real estate in Vegas because it likely is entering a long-term bear market.Read full article... Read full article...
Thursday, February 21, 2008
Seven Top Natural Resource Stocks to Invest In! / Commodities / Resources Investing
By: Money_and_Markets
Larry Edelson writes: Today I'm going to review seven of my favorite Asian natural resource stocks, which I believe are in bargain territory right now.
But first, a recap is in order. Last week I told you how the U.S. economy was melting down and headed toward a bad case of withdrawal from its debt-addicted lifestyle of the last two decades.
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Thursday, February 21, 2008
Gold Surges to New Highs as Crude Oil Breaks Above $100 / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF PHYSICAL GOLD BULLION gained almost 1% at the London opening on Thursday, taking the metal 3.6% higher from yesterday's low to a new record high above $948 per ounce."The second successive [ US crude oil] close above $100 a barrel and a higher-than-expected US inflation outcome were the triggers for a move to a new all-time high," believes John Reade at UBS.
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Thursday, February 21, 2008
Consumer Price Inflation (CPI) Jumps to 4.4%- Stagflation Bullish for Gold / Commodities / Gold & Silver
By: Mark_OByrne
Gold rose $7.80 to $9 34.6 0 per ounce in trading in New York yesterday and silver was up 22 cents to $17.72 per ounce. Gold and silver continued to rise in Asia and early trading in Europe and gold reached new record highs just below $950 at $949.60 per ounce and silver has surged over $18 per ounce.Gold also surged to new record highs in British pounds and in Euros. The London PM Fix at 1500 GMT yesterday afternoon was at $920. Gold fixed at new record highs at £474.37 and €627.90.
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Thursday, February 21, 2008
Uranium Stocks Await Breakout From Consolidation Area / Commodities / Uranium
By: Merv_Burak
The Index close was on the up side again but almost everything else was telling me the market was more down than up. The potential topping activity is still evident on the chart. Although the close was on the plus side the daily high and daily low were both lower than yesterday's values. Although I have drawn a resistance line from the top of the mid-Jan activity maybe the early Feb highs are really the resistance, at least they are so far.Read full article... Read full article...
Wednesday, February 20, 2008
US $2 Trillion Bailout- Monetary Inflation to Send Gold Soaring / Commodities / Credit Crisis 2008
By: Jim_Willie_CB
Like a whirlwind, the crisis triggered by the housing crisis and mortgage debacle has extended to almost every phase of the landscape in US economic and financial life. And the rookies running the US Federal Reserve initially said the problem would be contained. My claim made in late June 2007 (see article, click here ) was that it involved absolute contagion to the system, which is what we see vividly now. Let's review some high level stresses in several arenas, examine the response potentials, and check on the gold and US Dollar impact. One should note, the gold & silver prices will soon demonstrate strong independence from the US Dollar Just like in 2005, gold can rise even with some bounce in the buck. Unlike 2005 though, the buck is likely not to make much in the way of advances. Read full article... Read full article...