Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, September 12, 2008
Gold Price Manipulation or Deflationary Crash? / Commodities / Gold & Silver
By: Richard_J_Greene
The relentless selling we have seen over the past month in precious metals was kicked off by the manipulative interventions occurring right around the time of the Fannie Mae and Freddie Mac implosions in mid-July. Unprecedented short selling by two major banks in the futures market along with waves of naked short selling of resource stocks pushed indices and stocks through technical support on charts. Yamana Gold, which is one of the most successful gold companies saw short interest rise 72% in the first two weeks of August (without counting all the naked shorts). There is no reason to short this stock; it has been a star performer. Many investors have given up and portfolio managers that haven't given up are now forced to sell due to redemptions. These investors believe that the market is telling them a message and don't realize it is not a market message but a heavily controlled manipulation to make them believe so and to dupe them out of their positions. Read full article... Read full article...
Friday, September 12, 2008
The Great Unwinding of the Commodities Carry Trade / Commodities / Credit Crisis 2008
By: Mike_Shedlock
Commodity Bulls Jump The Shark The GlobeAndMail is reporting on The Real Reason Commodities Are Tumbling .
To hear Donald Coxe tell it, the commodity selloff ripping through Canada's stock market is no accident. It is the result of a deliberate, brilliantly executed plan hatched at the highest levels of the U.S. Federal Reserve and Treasury.
U.S. authorities engineered the collapse in commodities a move he said was necessary to shore up the global financial system to be bitter. My attitude is, goddamn it, they're good it was brilliant.
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Thursday, September 11, 2008
Re-Inflation About to Send Gold and other Commodities Soaring / Commodities / Resources Investing
By: Money_and_Markets
Larry Edelson writes: With events changing daily ... with the government takeover of Fannie and Freddie ... with important news coming out almost hourly — I'm sure you're often wondering: "What does Larry think here? How do I make money in these crazy markets and economic environment?"
Indeed, I'm receiving more questions about the markets ... more doubts about the commodities bull market ... more inquiries about inflation versus deflation, than I have in years.
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Thursday, September 11, 2008
Gold Crashes Through Support on Hedge Fund Selling / Commodities / Gold & Silver
By: Mark_OByrne
THE PRICE OF GOLD fell yet again early in London on Thursday, slumping from an overnight floor of $756 to reach a new 11-month low at $739 per ounce.World stock markets fell for the seventh Sept. session in nine as investors fled all asset classes for cash, dragging Russian equities to a new two-year low and pulling Taiwanese stocks to their worst average since late 2005.
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Thursday, September 11, 2008
Gold Selloff Continues as Hedge Funds Deleverage / Commodities / Gold & Silver
By: Mark_OByrne
Gold's sell off continued yesterday and gold has fallen to new 11 month lows. Gold recovered slightly in Asian trading before a further sell off in early European trading. Gold remains under serious pressure as the dollar's rally has continued with the dollar reaching a 1 year high against the euro of $1.3890. Meanwhile, oil has fallen again and NYMEX sweet crude is now near the psychological $100 level.Read full article... Read full article...
Thursday, September 11, 2008
The Rebirth Of Gold And Silver Bull Market / Commodities / Gold & Silver
By: Roland_Watson
Back in April I wrote an article entitled "The Death of Gold" which suggested a longer term correction was on the cards for gold. I was partly led to that conclusion by the headline article below from The London Times dated 14th March 2008. Three days later gold topped at $1032 and has dropped as much as $773 for a 25% correction. Silver has not surprisingly fared worse with a drop as great as 45% due to its thinner and more volatile markets. Read full article... Read full article...
Wednesday, September 10, 2008
Deleveraging Hedge Funds Drag Commodities Lower / Commodities / Resources Investing
By: Frank_Holmes
Leveraged hedge funds are selling billions of dollars worth of commodities investments to meet their redemption demands, and this is another severe short- term factor driving down prices. Our funds own similar stocks, and thus we are caught up in this powerful force that some have described as a “mechanical sell-off” by hedge funds and banks that need liquidity.
Adding to the downward pressure are other rumors that “rogue” hedge funds are attacking like sharks when blood is in the water. These predators are allegedly aggressively short-selling the stocks that are in the portfolios of their vulnerable peers, which sends prices even lower.
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Wednesday, September 10, 2008
The Agriculture Commodities Time Bomb / Commodities / Agricultural Commodities
By: Money_and_Markets
Commodity prices have pulled back sharply, enough for some market watchers to pronounce the commodity bull "dead." I'll take that bet, because I think we're just seeing a correction in a long-term bull market. What's more, when the next commodity price squeeze comes, it might not be from a sector you'd expect, like energy or metals. It might be food.
I probably don't have to tell you about rising food prices. In the U.S., the cost of groceries rose at an annualized 8.4% rate in July (the latest data available).
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Wednesday, September 10, 2008
Gold Sinks to Test Critical Support Level / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD sank in Asia early Wednesday, falling 2.5% from the New York close to bounce off an 11-month low and hold around $774 in the first-half of London dealing.This fresh sell-off in Gold came as world stock markets also fell once again, erasing Monday's "Fannie-n-Freddie" bounce on the back of Wall Street's worst down-day of 2008 so far.
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Wednesday, September 10, 2008
Gold Falls Back below $800 Towards Support at $780 / Commodities / Gold & Silver
By: Mark_OByrne
Gold's sell off continued yesterday and despite mounting concerns about the health of the U.S. financial system, gold has fallen to 11 month lows. After closing below recent support at $780, gold continued to fall in afterhours electronic trading before a slight recovery in Asian and early European trading.Read full article... Read full article...
Tuesday, September 09, 2008
Investors Panicking Out of Gold is Not the Answer / Commodities / Gold & Silver
By: Chris_Galakoutis
Watching the US markets, including the dollar, rally of late in light of the stream of horrific economic news, including this past weekend's announcement of a historic US government bailout of Fannie Mae and Freddie Mac, was sort of like watching Barry Bonds chase down Hank Aaron's all-time baseball home run record last year.Read full article... Read full article...
Tuesday, September 09, 2008
Gold Volatility Jumps as Deflationary Depression Battles with Inflationary Bail-Outs / Commodities / Credit Crisis 2008
By: Adrian_Ash
SPOT GOLD PRICES slipped back from an early 1.2% gain in London trade Tuesday, holding in a $10 range below $804 an ounce as Western stock markets added to their "Fannie & Freddie" surge.
Asian stock markets closed markedly lower, however, while Treasury bond prices recovered from yesterday's sharp sell-off.
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Tuesday, September 09, 2008
Gold Trades in Narrow Range Despite Supply Shortfalls / Commodities / Gold & Silver
By: Mark_OByrne
After initial falls, gold has rallied in morning trade in London as the dollar has given up some of its recent sharp gains. Gold's rise comes despite the further fall in oil prices but gold remains firmly in its recent narrow range between $780 and $840.Read full article... Read full article...
Tuesday, September 09, 2008
Physical Gold for Sound Money and Trustworthy Governments / Commodities / Gold & Silver
By: Dr_Ron_Paul
Last week I discussed how sound money contributes to peaceful relationships around the world. It is not gold, in and of itself that excites me, but the many benefits of sound money. Another benefit is financial security.Read full article... Read full article...
Monday, September 08, 2008
Intraday Spot Gold Trading with GLD ETF / Commodities / Gold & Silver
By: Chris_Vermeulen
Today was another one of those great days for a spot gold trade using the free intraday charts by Kitco. I'm not sure if anyone watched the free Kitco 24 Hour Spot Gold Chart which is shown below but I watch it like a hawk. It doesn't take long to get a feel for how gold moves through out the 24hr day. Once you get a feel for it and see the same things happen every week opportunities start to pop up on the radar.Read full article... Read full article...
Monday, September 08, 2008
Driving Forces for Gold for the Rest of 2008 / Commodities / Gold & Silver
By: Michael_J_Kosares
"The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation, and empire." -- William Strauss and Neil Howe, The Fourth Turning , 1997 Read full article... Read full article...
Monday, September 08, 2008
Gold Battered by Fannie, Freddie Nationalization / Commodities / Gold & Silver
By: Adrian_Ash
THE SPOT PRICE OF GOLD whipped violently in Asian trade on Monday, shooting 1.8% higher after the US government nationalized the massive Freddie Max and Fannie Mae mortgage lenders, before giving back $10 of that move to trade at $808 an ounce by lunchtime in London. World stock markets leapt and government-bond prices fell, meantime, pushing the German Dax index almost 3.4% higher as 10-year Bund yields rose one-tenth of a per cent to 4.10%.
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Monday, September 08, 2008
Nationalisation of Fannie and Freddie is Bearish for US Dollar, US Stocks and Economy / Commodities / Gold & Silver
By: Mark_OByrne
Gold surged at the open in Asia with news of the de facto nationalisation of the US' mortgage giants in what amounts to the largest bailout in world financial history. It has since given up some of these gains in early trading in Europe due to more counter intuitive dollar strength which looks increasingly overbought.Read full article... Read full article...
Sunday, September 07, 2008
Gold & Silver Long-term Bearish Trend Continues / Commodities / Gold & Silver
By: Merv_Burak
Tuesday took all of the steam out of the two week rally but then that was it. The rest of the week was basically a lateral drift. More downside or continued upside? Let's see.
GOLD : LONG TERM The week's activity still did nothing for the long term. The P&F chart continues to be bearish and the indicators are all in the negative zone. On the long term the rating remains BEARISH until some more significant market action takes place.
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Sunday, September 07, 2008
Long-term Crude Oil Price Trend Analysis / Commodities / Crude Oil
By: Richard_Shaw
Where are oil prices going? We don't know. You don't know. Nobody knows. Short-term events could drive oil higher or lower. The current trend is clearly down, but where it stops is not evident.
What is an investor to do? One reasonable thing to do is nothing, if you don't have particular oil exposure, or if you have good yield from oil companies with well covered dividends.
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