Daily FNArena News - Commodities

GaveKal research sees reasons why the commodity run may be over and why investors should look for US dollar gains against the euro this year.

The U3O8 spot price has remained at US$72/lb in the second week of the new calendar year.

The U3O8 spot price is moving up fast. The upcoming Labor party national conference may initiate a wave of consolidation, says ABN Amro.

As the spot uranium price pushes ever higher, Resource Capital Research updates the fortunes of its pool of 65 uranium juniors.

Is the price of crude oil likely to decline in 2007 or will we see higher prices than in 2006? Australian government funded forecasters foresee declining prices, but not everybody agrees.

Is it a trend? A new era? Or tomorrow’s battlefield for our children? Resources have become the centre of growing political nationalism around the globe.

Independent economic forecasters BIS Shrapnel believe Australian mining investments will peak in a year from now while commodity prices should collapse towards year end 2007.

It might be a super-cycle, but brokers have raised metal prices yet again ahead of perceived 2007 weakness.

The current market correction probably has some way to go yet, but gold should be heading for US$700/oz soon experts say.

Gold and silver have found a vacuum in the last two days as the US dollar has tried to reverse some of its slide. However, the bulls are not too fussed.