By Martin Hutchinson Contributing Editor With oil off more than 20% from its July peak, and the Reuters-CRB Continuous Commodity Index down 19% from its June high, traders are betting that commodities have entered a bear cycle with much further to fall. But it is much more likely that commodities will enjoy another “bounce,” with […]
Category
Commodities
Cashing in on Commodities: Gold May Glitter, But Heavy Metals Shine
By Jason Simpkins Associate Editor Editor's Note: This is the seventh installment of a new Money Morning series highlighting investment opportunities in the global bull market for commodities. When it comes to the worldwide metals market, gold may get all of the attention but other, more durable, metals such as steel and iron have proved […]
Cashing in on Commodities: Life’s Little Luxuries are Costing More than Ever Before
Editor's Note: This is the fifth installment of a new Money Morning series highlighting investment opportunities in the global bull market in commodities. By Jennifer Yousfi Managing Editor Soaring prices of grains, dairy and meat have been grabbing global headlines. But other commodities have been on the rise as well. I'm not talking about the […]
Cashing in on Commodities: Two Ways to Profit From the World’s Newest Markets
Editor's Note: This is the fourth installment of a new Money Morning series highlighting investment opportunities in the global bull market in commodities. By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report Many people are in sticker shock thanks to high gas prices and oil that punched through the $135-a-barrel level recently, before sliding […]
Rising Commodities Push Emerging Market Index Back Into Black
By Mike Caggeso Associate Editor A six-day stock rally in emerging markets has wiped away the 2008 year-to-date loss of the MSCI Emerging Markets Index. Rising commodity prices – particularly oil and metals – helped the index recover its 16% loss leading into the beginning of last week. As the U.S. economy continues to send […]
Food Prices Soar as Farmers Bail on Corn
By Jason Simpkins Associate Editor The price of corn has already climbed 25% since January and established 13 new record highs. And food prices across the board are climbing to historic highs as a result. But don't expect a reprieve anytime soon, as farmers across the country are seeking profit elsewhere, and government emphasis on […]
Commodities Fall Out of Favor as the Dollar Strengthens
By Jason Simpkins Associate Editor Commodities, which have been some of the most profitable investments of the past 18 months, tumbled yesterday (Thursday). Oil and gold were just a few of the raw materials whose prices plummeted on speculation that demand will slacken and the dollar will rebound in coming months. Crude oil fell below […]
Commodity Prices Soar to Record Highs as Markets Grapple with Instability
By Jason Simpkins Associate Editor The prices for oil, gold, and platinum all hit record highs last week, as investors strengthened hedge positions against weaker equity markets and inflation. "People want to get into commodities and damn the consequences. Given what is going on in other markets – equities are wobbly and some bonds are […]
Cotton - 2008's Forgotten Commodity?
Editor's Note: Agricultural commodities are on fire, but farmers' rush to grow more corn and wheat could create a shortage of cotton. A special report jointly developed by U.K. affiliate MoneyWeek Magazine and our experts here at Money Morning explores the cotton market and how investors can benefit. For more information on MoneyWeek, please click […]
Different Sources of Demand Mean Different Commodities Will Continue to Rise
By Mike Caggeso Associate Editor When Dean Foods Co. (DF), the biggest U.S. dairy producer, reported this week that its fourth-quarter profits were slashed by 55%, the culprit was a 47% jump in the price of milk, a key dairy commodity. Conversely, soaring demand for natural-resource commodities including coal has generated tremendous business opportunities for […]