William Adams
William Adams
extent fairly given higher level likely minimal prices push rise seems trends
Given the extent of the rise the level of the pull-back seems to be fairly minimal and after consolidating the up trends are likely to push prices higher still.
bonds event impacts issues markets needs physical quiet seem summer trade watched whim
With the physical trade still quiet because of the summer slowdown, the markets seem to be at the whim of the funds, so more exogenous issues such as the equities, oil, bonds and the dollar, or any other event that impacts the funds, needs to be watched closely.
although awful complex cooked doubt hype knocking looks market prices reality seems
Although there is little doubt that fundamentals are tight, there seems an awful lot of hype in the market and with prices knocking on $6,000 a ton, the whole complex looks over cooked and in need of a reality check.
seemed
My own wisdom, and that of all about me seemed insufficient for the day.
buying change good join looking metals providing reluctant seems
The metals are looking nervous, the sell-offs are providing the dip-buyers with good opportunities but for a change the follow-on buying seems to be reluctant to join in.
chinese data dollar rebound seems sharp slightly strong weaker
The combination of a sharp rebound in US equities, a slightly weaker dollar and strong Chinese data seems to have been enough to underpin the metals.
consumer effect far fuel hurricane hurt katrina prices ripple sent soaring therefore
The ripple effect from Hurricane Katrina may be far reaching, ... already sent fuel prices soaring which are going to hurt the U.S. consumer and therefore the economy.
copper investors market recent reminded risen stocks supply though threat tight
The threat of supply disruptions has reminded investors just how tight the copper market is, even though stocks may have risen in recent months.
accept aspect buy current funds knocks market remain stage until willing
At some stage the fundamentals will become influential again, but while the funds are willing and able to buy commodities, you have to accept that their patronage is the most influential aspect in the market and will remain so until something knocks them from their current thinking.
again assume bullish fresh funds money prices pushing weight
Without any fresh bullish news, one has to assume that it is the funds and the weight of money that is once again pushing these prices higher.
demand distinct economy given global high housing interest lofty market metals period prices profile rising slower slowing suffer
Should the global economy suffer a period of slower demand, which is a distinct possibility given rising interest rates, a slowing housing market and high debt, then the demand profile on the metals could suffer. In turn, these lofty metal prices would then look out of place.
happiness happy minds
Most of us are just about as happy as we make up our minds to be.
catching china early market trading
With China now back in the market after the New Year, there was some catching up in early trading on Monday.
continues copper defy needless
Needless to say copper continues to defy gravity.