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The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.
We present in-depth analysis from over 150 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction.
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Updated Throughout The Day |
Tuesday, May 13, 2008
Gold Bounces as Stock Markets Fall on Horrific Data / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES fell to a three-session low early Tuesday, finally bouncing higher from $876 per ounce as European equities slipped alongside crude oil prices and government bonds.
Only base metals bucked the trend as the Dollar ticked higher on the currency markets.
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Tuesday, May 13, 2008
Gold Underpinned by Surging Inflation in UK, China and Internationally / Commodities / Gold & Silver
By: Mark_OByrne
Gold was down 80 cents to $883.90 yesterday but silver was up 36 cents to $17.16. The London AM Gold Fix at 1030 GMT this morning was at $877.00, £450.18 and €566.61 (from $887.25, £453.91 and €573.60 yesterday).Read full article... Read full article...
Tuesday, May 13, 2008
UK Flawed Inflation Measure Explodes Higher, 3% CPI, 4.2% RPI / Economics / Inflation
By: Nadeem_Walayat
The Consumer Price Index (CPI) leapt higher to 3% in April from 2.5% in March, nearly hitting the Bank of England's letter writing trigger level of 3.1%. This confirms the Market Oracle expectations for a surge in UK inflation as not only the UK but all of the worlds major governments are engaged in the process of rampant money supply growth that is feeding through in higher inflation as too much cash is chasing too few goods. This is most visible in the commodities markets where too strong price fundamentals coupled with the Bank of England's money supply printing presses running at full stream as evidenced by the £100 billion of new debt loaned to the banking sector in recent months.Read full article... Read full article...
Tuesday, May 13, 2008
US Heading for Double-Digit Inflation / Economics / Stagflation
By: Money_and_Markets
Martin Weiss writes: Nearly all the pieces are now in place for inflation to strike with increasing speed and fury, catching Wall Street by surprise, throwing government policy into turmoil and, at the same time, opening up broad opportunities for investors.
I know. I've seen this movie once before. And the script will forever be ingrained in my mind.
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Tuesday, May 13, 2008
Commodity Market Summary / Commodities / Agricultural Commodities
By: Emanuel_Balarie
Grains - Corn fell over 2-percent today, with the July contract settling 14 1/2 cents lower at $6.14 ¾ a bushel. Improving planting conditions in the U.S. Midwest with forecasts for no major storms before May 21st will accelerate plantings that have experienced extended delays due to wet weather.Read full article... Read full article...
Monday, May 12, 2008
New Diamond Rated Articles / sitenews / Analysis & Strategy
By: Sarah_Jones
The Market Oracle announces our new Diamond
rating for the real one in fifty article gems.Read full article... Read full article...
Monday, May 12, 2008
US Recession 2000 Can tell us a lot about today's Economy / Economics / Recession
By: Gerard_Jackson
Some readers have been asking how "Austrian economic analysis held up during the last recession". Brilliantly, is the answer. It successfully described the emergence of the American recession and the pattern of rising unemployment and spending neatly fitted the Austrian explanation for the boom-bust cycle. Austrianism claimed that the contraction started in the higher stages of production and then worked its way down the production structure. Figures from the NAPM (National Association of Purchasing Management) in the middle 2000 gave considerable support to this view.Read full article... Read full article...
Monday, May 12, 2008
Sell Gold Shares in May and Walk Away? / Commodities / Gold & Silver Stocks
By: John_Lee
Here we are in May, and everyone asks the question, is it time to sell and walk way? Well that depends what you are holding. This article focuses on timing in regard to the junior resource mining equities, for which we use the S&P/TSX Ventures Composite Index as a proxy.
Resource Junior Sector Roller Coaster
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Monday, May 12, 2008
Inflation Fear / Economics / Inflation
By: Paul_J_Nolte
With all the hand wringing about consumer confidence falling to 25+ year lows, it becomes much easier to understand IF we make the assumption that we are in a recession. Others worry about the self-fulfilling prophesy – if we believe we are in a recession, it will be so. However much of what is happening today was planted over a year ago. This too is the reason for why all the rate cuts made by the Fed have had little impact upon investors and the economy. However, the cuts will eventually have an impact – but that is not likely until later in the year. A complicating factor in today's economy is the lack of lending “interest” by banking institutions. Read full article... Read full article...
Monday, May 12, 2008
Natural Gas Overbought / Commodities / Natural Gas
By: Mike_Paulenoff
Yes, the US Natural Gas ETF (AMEX: UNG) is a roaring bull move off of its 2007 Double Bottom in the low 33 area. Yes, the upmove off of the base area (45.00-34.00) has been powerful to say the least, but it also has fulfilled its measured target zone in the vicinity of 55.00. This does NOT mean that the UNG cannot or will not continue higher; however, when coupled with the glaring daily (and weekly) RSI negative momentum divergences, the fulfilled upside potential of the UNG pattern takes on more interesting dimensions.Read full article... Read full article...
Monday, May 12, 2008
Compound Stock Earnings Programs - Caveat Investor / InvestorEducation / Options & Warrants
By: Steve_Selengut
The caller seemed surprised that I had never heard about Compound Stock Earnings Programs, or CSEs. "People are earning three to six percent per month with little or no risk", she continued, "I'm thinking of attending a seminar". A wise man once said: "If it sounds too good to be true, it probably is", but this sure is a creative euphemism for what has to be a rather complicated options strategy.Read full article... Read full article...
Monday, May 12, 2008
Precious Metals Correction to End in May / Commodities / Gold & Silver
By: Captain_Hook
Neither A Borrower Nor A Lender Be - And most certainly, don't be a gold producer, as the deck is definitively stacked against you here too. We will get back to this subject in just a minute. But first, let's expand on that title, as it's a beauty given global monetary conditions appear to be progressing into a state of hyperinflation . Neither a borrower nor a lender be – is a line first penned by Shakespeare in reference to important lessons in life, which more recently has morphed into a forgotten mores rooted in lessons learned during hard times – or should I say ‘honest money times.' Honest money times – what the heck are ‘honest money times'? Such a terminology implies government and monetary authorities are attempting to pull a fast one in that they are issuing ‘dishonest money'. How can this be when foreigners accept our currency for manufactured ‘hard items', on top of the fact everybody has access to the information concerning currency debasement policies of the present day governing regime?Read full article... Read full article...
Monday, May 12, 2008
US Housing Dueling Views: Jim Rogers Sees More Pain, Warren Buffet Sees Rebound Under Way / Housing-Market / US Housing
By: Keith_Fitz-Gerald
When asked about their outlook for the crisis-ridden U.S. housing and financial-services markets, two U.S. financial experts provided outlooks that completely contradicted one another - once again underscoring how tough it is for investors to predict when the U.S. economy will turn around. Read full article... Read full article...
Monday, May 12, 2008
Gold Positive Fundementals as Western Economies Face Stagflation Threat / Commodities / Gold & Silver
By: Mark_OByrne
After last week's more than 3% gain in gold, gold surged to nearly $890.00 in early trading in Asia prior to succumbing to subsequent profit taking. The London AM Gold Fix at 1030 GMT this morning was at $887.25, £453.91 and €573.60 (from $863.50, £434.64 and €556.74 on Friday).It is hard to see gold falling significantly this week unless there is a sharp fall in oil prices and strengthening of the dollar – both of which seem unlikely. However, gold has surprised to the downside in recent weeks and further consolidation may be needed prior to challenging $900 again. With oil remaining well bid above $125 and geopolitical risk in Nigeria, Lebanon and Iran still of importance, gold looks likely to be well bid at these levels.
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Monday, May 12, 2008
Bleak Economic Outlook Remains Positive for Treasury Bonds / Interest-Rates / Articles
By: Levente_Mady
The Treasury market improved once the 10 year auction was out of the way on Wednesday of last week. There were a couple of news items that I considered to be of high importance last week. First, the news in the financial sector is not only getting worse but the time horizons on the bad news are also extending. The list of illustrious institutions that recently reported worse than expected data included UBS, Fannie Mae, AIG, Citigroup. The Citigroup news was the one that I would consider most significant. Read full article... Read full article...
