Commodities - General News 03 (Jul 14 - Apr 18)

Commodities - General News 03 (Jul 14 - Apr 18)

Postby winston » Wed Jul 30, 2014 8:30 pm

TEN YEARS LATER... STILL NO RETURNS

Today's chart shows it has been a tough 10 years for commodity bulls...

Over the past decade, many folks have predicted a major climb in commodity prices. They often say commodity prices will soar due to the debasement of the U.S. dollar. While that may happen in the future, it certainly hasn't happened over the past decade. For proof, we consult the "CRB Index"...

The CRB is one of the most widely used gauges of commodity prices. It tracks the price of basic raw materials, like copper, oil, corn, natural gas, gold, sugar, cotton, and nickel.

Below is a 10-year chart of the CRB. In 2005, the CRB sat around 300. Since then, it has "boomed" and "busted" several times.

All this volatility has produced no price gains, however. As of this week's trading, the CRB sits around 300. It has been 10 years of no returns in the broad commodity market.

Source: Daily Wealth

http://www.dailywealth.com
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Re: Commodities - General News 02 (May 10 - Jul 14)

Postby winston » Wed Aug 20, 2014 8:33 pm

China's Commodity Consumption Shows No Sign of a Slowdown By Brian Weepie

No matter what you hear in the mainstream news, China isn't slowing down.

It's still the world's fastest-growing large economy… the "workshop of the world"… and a voracious consumer of commodities.

And that's good news for commodity investors…

As longtime Growth Stock Wire readers know, China is a major player in the commodities sector. It's the world's largest importer of vital raw materials like iron ore and copper. It's also the world's largest oil importer.

So when its demand for these materials picks up, it's bullish for the commodities sector. For example, China's emergence as a major economic power helped drive the big bull market in commodities from 2002 to 2008.

Because China is such a major driver of commodity demand, it's vital for us to monitor what's going on there.

One way to do that is by studying its [b]car sales. [/b]You see, it takes steel, rubber, copper, palladium, platinum, aluminum, oil, and many other commodities to build and operate cars in the country. The more Chinese cars produced and sold, the stronger the commodities market becomes.

For the past few years, China's car sales have increased every year… keeping China's consumption – and demand – of commodities strong.

But recently, many mainstream news outlets reported that Chinese car sales are cooling off – causing many to worry that China's commodities demand will decrease.

In June, Chinese passenger vehicle sales only rose 11.5% from the same month the prior year, down from May's 13.9% growth. And in July, sales only rose 9.7% from July 2013.

It's true that year-over-year Chinese passenger vehicle sales growth was down in June and July. But this doesn't tell you the whole story…

Take a look at this chart of Chinese passenger vehicle sales from January 2007 to July 2014…

Please Enable Images to See this

As you can see, Chinese car sales have risen every year since 2007… That's despite several down months.

You see, over the past 96 months, China has sold more passenger cars than the month prior 87 times. The down months didn't represent a trend then… and this past June and July don't now.

11 million Chinese cars have been sold so far this year. This time last year, just 9.9 million Chinese cars had been sold. So even with the slowdown in June and July, China is still on pace to sell more cars this year than last year.

And I expect Chinese car sales to continue to increase each year going forward. As my colleague Matt Badiali told DailyWealth readers earlier this year, China loves cars. And the country has a lot of catching up to do.

In 2012, there was about one car for every 85 people in China. In America, the ratio was 0.9 cars per person. In other words, we have nearly as many cars as people. So the Chinese automobile market has a lot of growth left.

And an increase in Chinese car sales means more demand for commodities used to make and operate cars – like iron ore (used to make steel), rubber (used to make tires), platinum and palladium (used to make catalytic converters that reduce pollution), and crude oil (used to make gasoline).

Make no mistake, China isn't slowing down. The facts say the long-term trend in Chinese passenger car sales is up… And that's bullish for commodities.

Source: S&A Resource Report
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Re: Commodities - General News 02 (May 10 - Jul 14)

Postby winston » Tue Aug 26, 2014 7:33 am

Forget what you've heard about a slowdown in China... New reports show it's still "on the hunt" for commodities

There has been a lot of press lately about a possible slowdown in the economy of China. And speculation over the effects that such a happening might have on the commodities sector.

But two separate news items last week suggest Chinese mining companies are still cash-rich. And on the hunt for acquisitions.

In the gold space, for example. Where China’s largest gold miner, Zijin Mining, said it is looking to buy up to $1.3 billion worth of assets this year alone.

Zijin officials told Bloomberg that the firm is primarily targeting gold projects in Africa. Noting that they are looking for projects with more than 100 tonnes (3.2 million ounces) of gold reserves. Or copper projects with more than one million tonnes (2.2 billion pounds) of reserves.

Interestingly, the latter metal is a new focus for Zijin. With the company noting that over “the next few years,” it will “undergo a transitory period towards copper mining.” Opening up a totally new range of potential acquisition projects for the firm.

And Zijin isn’t the only Chinese player eying projects in the copper space. Last week, China Molybdenum − the country’s largest molybdenum producer − said it is also looking to buy more copper projects.

China Molybdenum’s chairman Li Chaochun was quoted by the South China Morning Post as saying, “We are bullish on copper over the long run. It is one of our investment priorities.”

The company noted that it is actively looking for acquisitions in developed countries, and “regions with stable political conditions.” This following on the heels of the firm recently buying the Northparkes copper mine in Australia from Rio Tinto, for $820 million.

Chaochun also added that the major miner is “studying other metals.”

Both announcements suggest that demand for quality mining projects from China is going to remain high. Both in established jurisdictions − and frontier economies such as in Africa.

We’ll see what targets emerge for these big buyers.

Source: Pierce Points
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Re: Commodities - General News 02 (May 10 - Jul 14)

Postby winston » Thu Sep 04, 2014 5:34 am

[b]How to invest in today’s “crisis economy”[/b]

By Doug Casey

Source: Casey Research

http://thecrux.com/doug-casey-we-are-ex ... hurricane/
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Re: Commodities - General News 02 (May 10 - Sep 14)

Postby winston » Sat Sep 13, 2014 6:48 am

by behappyalways

China commodity imports send warning signals

http://www.scmp.com/business/commoditie ... ng-signals
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Re: Commodities - General News 02 (May 10 - Sep 14)

Postby winston » Tue Sep 23, 2014 2:09 pm

Latest commodities price forecast by Credit Suisse (Table)

Credit Suisse updated the latest global commodities price forecast for 2014 and 2015.

Commodity / 2014 Price Forecast / 2015 Price Forecast
Gold (US$/oz) / $1,298?>1,295 / $1,300
Silver (US$/oz) / $19.76?>19.8 / $18.48?>20.56
Platinum (US$/oz) / $1,475?>1,425 / $1,585
Copper (US$/t) / $6,605?>6,966 / $6,625?>6,725
Aluminium (US$/t) / $1,814?>1,929 / $1,925?>2,175
Iron Ore (US$/t) / $100 / $89?>85
Thermal Coal (US$/t) / $76?>75 / $80?>75

Source: AAStocks Financial News
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Re: Commodities - General News 02 (May 10 - Sep 14)

Postby behappyalways » Wed Sep 24, 2014 10:46 am

Sinosteel admits to financial difficulties amid economic slowdown
http://www.scmp.com/business/commoditie ... c-slowdown
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Re: Commodities - General News 02 (May 10 - Sep 14)

Postby winston » Thu Sep 25, 2014 8:07 pm

THE LOST DECADE CONTINUES

Over the past three months, commodities have been crushed. The benchmark commodity index is down 10%.

For commodity bulls, it's a painful reminder of how tough things have been for the past 10 years.

Over the past decade, many folks have predicted a big climb in commodity prices.

They say commodity prices will soar due to the debasement of the U.S. dollar. While that may happen in the future, it hasn't happened over the past decade. For proof, we consult the "CRB Index"...

The CRB is one of the most widely used gauges of commodity prices. It tracks the price of basic raw materials, like copper, oil, corn, natural gas, gold, sugar, cotton, and nickel.

The recent decline in the CRB has taken this index to a level last seen in 2004.


Source: www.dailywealth.com
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Re: Commodities - General News 02 (May 10 - Sep 14)

Postby winston » Wed Oct 08, 2014 8:10 pm

A Big Opportunity Is Setting Up in Natural Resources By Brian Weepie

The U.S. dollar is killing natural resources.

The dollar has rallied nearly 8% since July… and bullish traders are bidding it higher.

Meanwhile, natural resources denominated in U.S. dollars have fallen.

Precious metals, oil, and many agricultural commodities are all down double digits since July.

In short, the strength of the dollar is demolishing the natural resources sector. And that's great news for investors. Here's why…

As regular Growth Stock Wire readers know, many natural resources often trade opposite the dollar. So these assets fall when the dollar rallies… and rally when the dollar falls.

That's exactly what we've seen in the natural resources space since July.

You can see this in the chart below…

Please Enable Images to See this

Gold is down around 10%… West Texas Intermediate Crude (WTIC) oil is down around 15%… and corn is down around 20% since July.

Natural resource related stocks are also down…

The big gold miner fund GDX is down more than 20% since July… Large oil giants like ConocoPhillips (COP) and Chevron (CVX) are down an average of 11%.

Investment firms like Apollo Global Management (APO) that have a large portion of the money they manage in the natural resources sector are also down. Shares of APO have fallen around 15% since July.

But the weakness in this sector won't last.

As we've shown you in these pages before, natural resources are tremendously cyclical. They go through huge boom and bust cycles. Most natural resources have been in "bust" mode the past few months.

But based on history, the U.S. dollar could jump-start the next "boom."

As my colleague Jeff Clark showed you last week, the dollar IS going to break down.

The dollar is now trading at the highest level of "excessive optimism" ever recorded (the data goes back to late 1999) at top-notch analytics site SentimenTrader.com. The dollar could still strengthen from these levels, but eventually, the move higher HAS to end.

We've seen bullish sentiment in the dollar like this nine times since 2009. It led to a fall in the dollar within the next four months every time but one.

For example, the last time sentiment was almost this bullish on the dollar was in July 2013… the dollar went on to fall more than 5% in just three months. Meanwhile, natural resources moved higher. The price of gold moved up 7% and silver went up nearly 15%.

It's possible we'll see something similar this time around. And today's depressed levels are about to give investors a great opportunity to get in.

Source: www.growthstockwire.com
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Re: Commodities - General News 03 (Jul 14 - Dec 15)

Postby behappyalways » Sun Oct 19, 2014 12:55 pm

央视财经评论》 20141017 大宗商品连跌不止为哪般?
http://jingji.cntv.cn/2014/10/17/VIDE14 ... 9518.shtml
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