Some site this as a chance of revisiting a powerful rally that occurred last year….
Comments »The Dollar Rises Some More After the Jobs Report; Oil and Other Commodities Tempered
Gold Traders Are Feeling Good Since a Near Bear Market Was Avoided Last Month
Until money printing stops around the world I do not see why gold would be a bearish bet.
Comments »A Modern Day Black Gold Rush
Oil Inventories: Prior -3.89mm, Market Expects NA , Actual +3.2mm
FLASH: CRACK SPREADS EDGE HIGHER
+1.3% to $18.37.
Comments »A Stronger Dollar May Curb Appetites for Commodities…At Least for Today’s Trade
SocGen: Iran Oil Ban May Send Brent Crude to $125
Got Milk……Futures ?
Who would have thought milk was a winning play…ever? Apparently milk did better than gold in 2011.
Comments »Cheap natural gas to bolster U.S. chemical companies
Comments »NEW YORK (AP) — U.S. chemical companies that use natural gas as a feedstock have an advantage over European rivals that rely on more expensive crude, a Citi analyst said Wednesday.
Analyst P.J. Juvekar noted that with natural gas prices expected to average around $3.85 per 1,000 cubic feet this year, it will still be a cheaper feedstock than crude oil.
Juvekar also upgraded chemical maker Cytec Industries Inc. and nitrogen producer CF Industries Holdings Inc. to “Buy” from “Neutral” for individual reasons. Juvekar also downgraded phosphates and potash producer Mosaic Co. to “Neutral” from “Buy.”
Cytec was upgraded because of its ability to make carbon fiber, which is becoming a bigger component of new aircraft models like the Boeing 787. Juvekar also favored CF Industries over Mosaic, noting that makers of nitrogen-based fertilizers will fare better than others as fertilizer demand falls after the North American harvest. Juvekar noted that farmers must apply nitrogen-based fertilizers every year, while they can skip applying other fertilizers made from phosphates or potash.
In morning trading, CF Industries shares rose by $3.20, or 2 percent, to $157.01 while Cytec Industries shares added $1.07, or 2.4 percent, to $47.02. Mosaic shares fell by $1.19, or 2.3 percent, to $51.40.
Oil Pulls Back From Eight Month Highs on European Debt Concerns
$5 Gas Could Be a Reality Quick According to One Analyst
Could sanctions against Iran actually raise gas prices ? Unlikely, but an analyst thinks IF Iran close the straits of Hormuz it could have a material impact very quickly on gas prices.
Comments »Flash: Silver Has Gone Parabolic to the Upside
Now up more than 6.6% for the day.
Comments »Above and Beyond Fear Oil Adds Gains on Manufacturing Data
In addition to the fear trade oil has tacked on some gains with decent manufacturing data from China and India.
Comments »Hedge Funds Start 2012 With the Bidding Up of Commodities
Money managers are full of hopium that economic problems will dissipate and growth will continue to gain momentum.
Hedge funds have now increased net longs positions by 18%.
Comments »Oil Prices Expected to Slip a Little Based on Futures Contracts
A Look at Commodity Performance and This Years Expectations
Overall commodities were down in 2011, but oil and gold helped to keep the index in check. Expectations for copper are down on a China slowdown, but oil and gold are expected to lead once again.
Comments »George Soros Says Gold is on the Brink of a Bear Market
Jim Rogers is High on Agricultural Commodities
“Going forward we’re going to have huge shortages of everything – including farmers – I think ag will be a great place for the next 10-20 years,” he says.
But don’t take that to mean that ag stocks are a buy – that’s not what he means.
“Yale did a study recently showing that investors made 300% more by putting money in commodities themselves rather than commodity stocks – that is unless you’re a great stock picker.”
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