Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Thursday, May 29, 2008
Crude Oil Bubble About to Burst? / Commodities / Crude Oil
“A trend in motion, will stay in motion, until some outside force, knocks it off its course!” After watching the parabolic rise in crude oil prices, doubling from a year ago, to above $130 a barrel last week, central bankers who under-estimated the power and resiliency of the “crude oil vigilantes”, are now praying for a “Bubble” that is destined to burst under its own weight, and at a moment's notice.In an interview with The Daily Telegraph, one of the world's biggest hedge fund traders, Mr George Soros said although the weak US dollar, depleting supplies from aging oil fields, government fuel subsidies, and record Chinese and Indian demand could explain the parabolic surge in energy prices, the crude oil market is also significantly inflated by speculation. “Speculation is increasingly affecting the price, which has a parabolic shape, which is characteristic of bubbles,” he said.
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Thursday, May 29, 2008
The Oil Price- We are Living in the Last Days of Cheap Resources / Commodities / Crude Oil
It looks like we may be paying 5 dollars a gallon for gasoline before the end of the summer.
There seems to be a great deal of speculation as to why the oil price is rising. Are the oil companies simply gouging American citizens? Perhaps OPEC is doing the gouging. Or maybe it would help things if the United States allowed for refineries to be built and oil to be drilled here in our own country.
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Thursday, May 29, 2008
Gold Slumps on Strong Dollar / Commodities / Gold & Silver
SPOT GOLD PRICES gave back an overnight rally early in London on Thursday, flirting with a two-week low beneath $890 per ounce as crude oil fell 0.6%, the US Dollar rose, and world stock markets continued to gain."There is not much speculative participation" in the Gold Market right now, according to one London fund manager.
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Thursday, May 29, 2008
Gold Screaming Bear Market Targetting $650- Yorba TV Show / Commodities / Gold & Silver
Here are the topics for todays television show on www.yorba.tv Thursday at 4:00 pm EDT.The first topic is the making of a head and shoulders pattern. Chart # 1 shows the price of gold for the past year. Let me point out an obvious level of resistance on the way up last fall. In early November, gold bounced up against resistance at 850 and fell back. On the second attempt, it cut through resistance, but fell back to retest it in January 2008.
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Thursday, May 29, 2008
Laws to Prevent 'Investment' Buying Oil, Gold and Silver?- Part1 / Commodities / Gold & Silver
The chairman of a Senate oversight committee, Joseph Lieberman, has said he is considering legislation to place limits on large institutional investors in commodities markets, which have posted record prices this year in agricultural products and oil. The chairman of the Senate Homeland Security and Government Affairs Committee said that the legislation would be aimed at speculators and other investors who use commodities as a way to hedge against swings in other investment instruments like stocks and the dollar.Read full article... Read full article...