Posts filed under “Commodities”

Copper signaling recession ….

FusionIQ’s Kevin Lane notes:  Copper as seen on this weekly chart through last tick has broken two supports first near $ 50.00 (red line) and second (green line) near $ 46.00 – this free fall on volume is more indication that the market believes we are in a recession given copper’s ties as an economic metal.

>

Copper Trend (2008-11)

Source: FusionIQ

Category: Commodities, Economy, Markets

King Copper and a New Low in the Shanghai Index

Doug Kass points us to this chart (from “Fast Money’s” Steve Cortes) depicting copper’s price with the S&P 500. Source: Bloomberg

Category: Commodities, Data Analysis, Economy

Reuters/Jefferies CRB Index Back to 1749

click for ginormous chart Source: Bianco Research, LLC Charts Of The Week, September 21, 2011

Category: Commodities, Data Analysis

Libya Oil Exports

Funny how the war in Libya and the price of Oil have slipped off the radar. Here is a quick reminder of the significance of revolution in this Oil rich country: > Source: Libya Oil Exports WhoWhatWhy, August 31, 2011

Category: Commodities, Markets

The Price Of Weed in the US

Its a slow holiday week, and with the end of August on us, we can have a little fun with the maps below from floatingsheep. They have mapped the price variants of marijuana across the country. Yellow = more expensive, Darker green = lower price. (There are no controls indicated for quality of product or…Read More

Category: Commodities, Markets

Global Commodities

Given the spike in copper and oil (but not gold), perhaps its time to take a look this long term chart of commodities: > Source: BLS, FactSet, J.P. Morgan Asset Management. Data reflect most recently available as of 6/30/11. Source: JP Morgan funds

Category: Commodities, Data Analysis

The World By Its Resources

Click to Enlarge: Source: The World By Its Resources, Awesome Info Graphics, August 17, 2011

Category: Commodities, Markets

Gold = Treasuries

click for larger graphic Recalculated with base of 100. > Gold! Are a new class of investors treating it like Treasuries? The evidence: A stunningly high correlation of Gold to 20+ Year Treasuries (Symbol: TLT) from July 21 through August 16 is 0.89. Over that period, Gold is up 12.3%, while Treasuries up 11.8% (not…Read More

Category: Commodities, Fixed Income/Interest Rates

GMO’s Jeremy Grantham in Sunday NYT Magazine

One of the more interesting things you will read this weekend is the Sunday NYT Magazine’s spread on legendary investor Jeremy Grantham. GMO’s chief strategist discusses quite a few topics ranging from investing to global warming to commodity plays to doom & gloom. (Yeah, I have a few words in it). There are a number…Read More

Category: Commodities, Investing, Media, Science

The Unaccounted Risk Of Fossil Fuel Investments

A study from accounting firm KPMG urges a close look at fossil fuel risks. Jeremy Hobson: Well one place investors have turned to for safety is fossil fuels. They’ve been pumping their money into things like oil, natural gas, and coal. But a study out today says there may be a fossil fuel bubble. Eve…Read More

Category: Commodities, Economy, Think Tank