Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, February 19, 2008
Large Potential Albanian Oil and Gas Discovery Underscores Kosovo's Importance / Commodities / Energy Resources
On January 10, Swiss-based Manas Petroleum Corporation broke the news. Gustavson Associates LLC's Resource Evaluation identified large prospects of oil and gas reserves in Albania, close to Kosovo. They're in areas called blocks A, B, C, D and E, encompassing about 780,000 acres along the northwest to southeast "trending (geological) fold belt of northwestern Albania."
Read full article... Read full article...
Tuesday, February 19, 2008
How High Can Gold Go Before Peaking - Gold Dow Jones Ratio Important Indicator / Commodities / Gold & Silver
How about $10,000? or $1,000? Or even $100,000? - Calls for the price of gold vary, anywhere from $1,000 to $10,000 or even to $100,000. There is one true fundamental problem with all calls for the price of gold – they all ignore the future inflation environment.
For example, if a genuine Great-Depression-like deflation grips the U.S. economy, then $1,500 for the top of the gold bull market might be too high. On the other hand, if a long 1970 stagflation is in the cards, then $5,000 is too low. The point is that a call for the price of gold without a clear assumption for the macroeconomic environment is a wild and misleading shot in the dark.
Read full article... Read full article...
Tuesday, February 19, 2008
IMF Selling 400 Tonnes of Mexican and Brazilian Gold as its Own! / Commodities / Market Manipulation
There has been a lot of talk of late of potential sales of I.M.F. gold. The more we look at the subject, contrary to our previous view, the more likey it seems possible [not yet probable], but if it does happen, it will not happen again thereafter for solid reasons. If the sales do take place they will happen from September 2008 onwards.
It will still have to get past the U.S. Congress a most formidable and possibly insurmountable obstacle.
Read full article... Read full article...
Tuesday, February 19, 2008
Gold Surges as Banking Stocks Slide on Credit Market Disaster / Commodities / Gold & Silver
THE PRICE OF GOLD jumped 1.9% early Tuesday to hit a one-week high of $918.90 per ounce as European equities reversed early losses after a sharp fall in banking stocks.Credit Suisse, the second largest banking group in Switzerland , sank nearly 10% at the Zurich opening after it trebled the size of write-downs on its debt investments.
Read full article... Read full article...
Tuesday, February 19, 2008
Burgeoning Inflation Very Positive for Gold and Commodities / Commodities / Gold & Silver
Markets were closed in New York yesterday and the action centred on London where gold sold off initially and tested support at $900 prior to rallying strongly and this strength has continued in Asian trading with gold rising above $910 per ounce. Silver traded similarly, testing support just below $17 and then bouncing; in Asian trading silver has risen above $17.20 per ounce.Read full article... Read full article...
Monday, February 18, 2008
Merv's Non-Edibles Futures Page - Weekly Technical Information and Ratings / Commodities / Resources Investing
Merv's Non Edible Futures Indices maintains strong multi-year uptrend.Read full article... Read full article...
Monday, February 18, 2008
Gold Falls as European Stocks and Dollar Rally / Commodities / Gold & Silver
THE PRICE OF SPOT GOLD for immediate delivery gave back an overnight rally of 0.5% early Monday to trade just above $901 per ounce by lunchtime in London .Wall Street stayed closed for the Presidents Day holiday, meantime, leaving European stocks to race higher while crude oil rose further above $96 per barrel.
Read full article... Read full article...
Monday, February 18, 2008
Gold Trades Sideways on Slowing Economic Growth / Commodities / Gold & Silver
Gold was down $4.80 to $902.80 per ounce in trading in New York on Friday and silver was down 12 cents to $17.10 per ounce. Gold has traded sideways to slightly up in Asia and early trading in Europe.Gold rose in British pounds and fell in Euros. The London AM Fix at 1030 GMT this morning was at $905 (down from $909.75). Gold fixed at £464.03 (up from £463.97) and €618.51 (down from €619.76).
Read full article... Read full article...
Sunday, February 17, 2008
Bull Markets in Precious and Industrial Metals / Commodities / Metals & Mining
Those looking for $1k gold continue to be thwarted as the monetary metals have to prove themselves in the short term by taking out key upside levels and invalidating corrective counts. Silver… can extend to 17.40-17.50 before facing significant resistance. At the same time, platinum continued its tear higher on the back of fundamental supply concerns in South Africa and is yet to show signs of letting up.~ Precious Points: Ready, Set, Retrace , February 09, 2008Read full article... Read full article...
Sunday, February 17, 2008
Gold Warning Potential Topping Pattern / Commodities / Gold & Silver
Is gold taking a rest and moving sideways or is it preparing for a significant move lower, or higher. Where's that coin? Time for the flipping. It will probably be as accurate as anyone.
GOLD : LONG TERM - Long term technical indicators and trend changes very slowly so over the past week there was little or no change to the charts or indicators. The long term P&F chart basically has not moved. It is, however, showing a topping pattern as the Xs have hit the $930 level two times now without a penetration.
Read full article... Read full article...
Friday, February 15, 2008
Oil Stocks vs. Crude Oil and S&P Stock Market Index / Commodities / Oil Companies
Crude oil's fundamentals are extraordinarily bullish. Global demand for oil is growing relentlessly, and most consumers have little choice but to pay virtually any price for this critical fuel. Meanwhile global production growth is slowing as old oilfields deplete and major new finds become exceedingly rare. This structural deficit has driven oil prices to record highs, leading to fortunes earned by the companies that produce this scarce and valuable commodity. Investors and speculators have naturally migrated into oil stocks to ride this secular trend. But lately owning the oil stocks has been an exercise in frustration.Read full article... Read full article...
Friday, February 15, 2008
Uranium Stocks Attempting to Build a Base / Commodities / Uranium
The uranium stocks are continuing to look better and better, although not yet completely gung-ho. The Merv's Daily Uranium Index closed up once again, today with a gain of 0.071 points or 2.14%. Most of the largest five stocks did even better. Cameco gained 2.5%, Denison gained 2.1%, First Uranium was a loser again with a loss of 1.7%, Paladin gained 5.2% to close above that down trend line mentioned in the Paladin review today and Uranium One closed higher by 2.4%., One is again starting to see the wide difference between the best and the worst. The best performer was Energy Fuels with a gain of 27.4% while the worst performer was Bayswater Uranium with a loss of only 5.5%.Read full article... Read full article...
Friday, February 15, 2008
Gold Strong on Deepening Credit Crunch / Commodities / Gold & Silver
Gold was up 60 cents to $907.60 per ounce in trading in New York yesterday and silver was down 10 cents to $17.22 per ounce. Gold has traded sideways to slightly up in Asia and early trading in Europe.Gold rose in British pounds and fell in Euros. The London AM Fix at 1030 GMT this morning was at $909.75 (down from $910.85). Gold fixed at £463.97 (up from £462.31) and €619.76 (down from €623.19 ).
Read full article... Read full article...
Friday, February 15, 2008
Gold Weak on Spiraling South African Mining Costs / Commodities / Gold & Silver
SPOT GOLD PRICES stayed in a tight $4 range ahead of the long President's Day weekend early on Friday, trading 1% beneath last week's finish as global stock markets held flat and bond yields ticked lower.
Crude oil moved to a five-week high above $96 per barrel on news that Chinese oil imports rose 1.8% in January.
Read full article... Read full article...
Thursday, February 14, 2008
Beat the Market Investing - Best Buys in Oil Refiners / Commodities / Oil Companies
To beat the market investors need to find opportunities where they have a good chance to achieve above average returns. In recent years, refiners have benefited from the expanding crack spread that exists during the spring and summer months. As a result, they have experienced a seasonal rise in the price of their stock as demand for gasoline increases during the spring and summer months. Moreover, many of the current refineries are aging and tend to encounter unplanned outages, especially during the spring and summer months causing supply shortages. This pattern provides investors with a good opportunity to make some money, with low risk. The purpose of this article is to give you some of my thinking on the key economic drivers for refiners and then identify which refiners are best positioned to take advantage of this year's cycle.Read full article... Read full article...
Thursday, February 14, 2008
Risk Management for Precious Metals Investors / Commodities / Options & Warrants
As this bull market progresses forward in the precious metals and commodities sector, we should be ever mind full of the potential risks as we move higher. If you are saying what bull market? We understand. The junior mining shares have lagged greatly up till now and may continue to do so but we believe this situation will resolve itself soon with the juniors catching up and catching up very fast.Read full article... Read full article...
Thursday, February 14, 2008
Gold Dips on Strong Japanese Economic Growth / Commodities / Gold & Silver
SPOT GOLD dipped from a two-day high early Thursday, recording an AM Fix in London of $910.85 – some $3 per ounce above the February average so far – as Asian stock markets closed sharply higher.Far Eastern equities leapt on news that Japan 's economy grew twice-as-fast as expected at the end of 2007, led by strong exports to other Asian economies.
Read full article... Read full article...
Thursday, February 14, 2008
Gold Forecast to Hit $1200 This Year on Stagflation Concerns / Commodities / Gold & Silver
Gold was down $1.40 to $907.00 per ounce in trading in New York yesterday and silver was up 9 cents to $17.32 per ounce. Gold rallied late in Asian trade and in early trading in Europe, gold is trading at $908.95. Silver is trading at $17.26 per ounce.Gold also rose in British pounds and Euros. The London AM Fix at 1030 GMT this morning was at $910.85 (up from $905.75). Gold fixed at £462.31 (up from £461.46) and €623.19 (up from €621.40).
Read full article... Read full article...
Thursday, February 14, 2008
Natural Gas Looks Undervalued - How to Invest in Gas / Commodities / Natural Gas
Sean Brodrick writes: I've been pounding the table about oil recently, and now that Venezuelan strongman Hugo Chavez may turn off the taps, many oil investments are soaring.
But did you know that there is an energy play that is still dirt cheap?
Read full article... Read full article...
Thursday, February 14, 2008
Investing in the XAU and HUI Gold Indices for Small Investors / Commodities / Gold & Silver Stocks
Many small investors have heard of the XAU and HUI indices through discussion by financial professionals but investment vehicles giving small investors access is another story. Currently, the futures market offer the best access.Read full article... Read full article...