Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, December 13, 2011

Gold Price Could Fall to $1600, Even Lower During this Correction / Commodities / Gold and Silver 2011

By: Dr_Nu_Yu

Gold is in the bump phase of a seven-year Bump-and-Run Reversal Top pattern which typically occurs when excessive speculation drives prices up steeply, and is now at a critical juncture which could change the long-term trend of gold. Silver is already in the run phase which does not bode well for its future price. Let me explain.

Tuesday, December 13, 2011

Gold "Remains Under Pressure" as Banks "Forced to Sell Crown Jewels" to Raise Dollars / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR gold bullion prices climbed 1% Tuesday morning in London – reaching $1669 per ounce around lunchtime – while stock and commodity markets also regained some ground, despite mounting evidence of funding stresses in the banking sector.

Silver bullion meantime hovered around $31.30 per ounce – nearly 3% down for the week so far.

Tuesday, December 13, 2011

Gold Support at 200 DMA at $1618/oz, Massive Chinese Demand and Gartman Flip Flops / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,665.10, EUR 1,261.20, GBP 1,067.30, CHF 1,557.40, JPY 129,550 and AUD 1,643.0 per ounce.

Gold’s London AM fix this morning was USD 1,665.00, GBP 1,068.75, and EUR 1,262.22 per ounce.

Yesterday's AM fix was USD 1,680.00, GBP 1,077.06, and EUR 1,266.49 per ounce.

Tuesday, December 13, 2011

Give Silver Bullion an AAA Rating / Commodities / Gold and Silver 2011

By: Dr_Jeff_Lewis

The FinancialTimes reported early on Monday that Standard & Poor’s will announce a potential downgrade of five triple-A rated governments.  As of writing time, no announcement has been made.

Investors see what the ratings agencies also see, but are too slow to call out – the financial condition of major governments is not nearly as attractive as it appears.  In particular, Germany and France are handicapped by the weight of other EU nations struggling with high debt yields.

Tuesday, December 13, 2011

Silver’s Beta is Irrelevant / Commodities / Gold and Silver 2011

By: Dr_Jeff_Lewis

Beta is a financial term that describes an asset’s volatility relative to the S&P500 index.  In scoring individual assets against the equity markets, financiers hope to find a collection of securities that provide the best possible appreciation with the least amount of beta.  That is, financiers are compensated to make many different investments to form the perfect portfolio that, over time, goes up in the straightest line possible.

Tuesday, December 13, 2011

Year-end Buying Opportunities Abound in Gold Mining Stocks / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Christmas sales are not just for retail shoppers. Tax selling season is here, and one man's stock loss may be another man's super bargain opportunity. In this exclusive interview with The Gold Report, Casey Research Master of Metals Louis James talks about year-end investment strategies in the current market environment, factors to consider next year as the global economic situation may affect precious metals and mining stocks and some of his current year-end favorites.

Tuesday, December 13, 2011

Expecting Upside Pivot in Crude Oil / Commodities / Crude Oil

By: Mike_Paulenoff

My work in nearby NYMEX oil argues that current weakness should violate Friday's low at 97.65 on the way to a press into the 96.00 area, where the price structure should make an attempt to hold and pivot to the upside, preserving the late-Nov double-bottom lows around $95.00.

Tuesday, December 13, 2011

Inflation, Deflation and Gold & Silver / Commodities / Gold and Silver 2011

By: William_Bancroft

As we look upon yet more unprecedented times in financial markets, the debates about outcomes of inflation and deflation still rage. We are not necessarily wedded to either of these, taking the view that only policy responses from the financial authorities will reveal what lies ahead.

It seems most market participants wait with baited breathe to see how different policy responses in different jurisdictions will play out. In very general terms it appears the Fed is still more liquidity happy and ideologically aligned to stimulus and the Europeans, although often contradictory in their lack of consistency, are less keen on the printing press.

Monday, December 12, 2011

Global Factors Hitting Gold and Silver / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

Despite having a rather stable performance last week, gold and silver are declining sharply Monday. Gold fell below a key support level at $1,680, while silver dipped below $31. There are several global factors contributing to the decline in precious metals today.

Monday, December 12, 2011

Preparing for Gold 2012 / Commodities / Gold and Silver 2012

By: Ned_W_Schmidt

Imagine most are anxious to put 2011 into the history book. Many of the hopes and dreams of a year ago certainly fizzled as time passed. A raging bull was converted to a bear in nearly all financial markets. So, we do hope for change in the new year, in the markets and especially in November. As we all prepare for 2012, we hope to provide some thoughts for your consideration.

Monday, December 12, 2011

Are Central, Commercial Banks Lending or Selling Gold? / Commodities / Gold and Silver 2011

By: Julian_DW_Phillips

The big feature of last week's decline in the gold price has been the lending of gold into the market. Commercial banks could have been doing it, but there is evidence in the past that central banks have leased gold to cap the gold price and bring it down. The gold price declines were so rapid and extensive that some investors theorized that central banks, including the Federal Reserve, were actively selling gold. The talk is that Commercial banks were unable to get the dollar liquidity they needed, leasing gold under their wings to facilitate these loans at lower interest rates. After the massive swap arrangements made between the U.S. Fed and the E.C.B., many felt that the problems of dollar liquidity had been overcome; however, by the extensive leasing of gold, this does not appear true.

Monday, December 12, 2011

"Funding Stresses" as Gold Plummets, European Summit Deal "Shows a Lack of Progress" / Commodities / Gold and Silver 2011

By: Ben_Traynor

SPOT MARKET gold prices dropped to $1670 an ounce Monday lunchtime in London – 2.3% off last week's closing spot price – while stocks and commodities also fell and US Treasury bonds rose.

Silver prices dropped to $31.12 per ounce – 3.4% down on the end of last week.

Monday, December 12, 2011

ETF and Central Bank Gold Lent to Banks Being Relent Into Market? / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,680.90, EUR 1,267.70, GBP 1,075.30, CHF 1,564.40, JPY 130,750 and AUD 1,659.0 per ounce.

Gold’s London AM fix this morning was USD 1,680.00, GBP 1,077.06, and EUR 1,266.49 per ounce.

Friday's AM fix was USD 1,712.00, GBP 1,094.49, and EUR 1,281.34 per ounce.

Monday, December 12, 2011

Gold Model Forecasts $4380 Gold Price / Commodities / Gold and Silver 2011

By: Willem_Weytjens

You’ve probably heard it many times: “Gold is a good hedge against inflation”.

But IS it? That’s the question we will try to answer in this article.

Sunday, December 11, 2011

Gold Continues to Show Lack of Enthusiasm From Speculators / Commodities / Gold and Silver 2011

By: Merv_Burak

Volume low, Gold price going nowhere except slightly lower, not bullish for the road forward but things could change overnight.

GOLD : LONG TERM

The long term chart shown here a couple of weeks ago remains in force.  The action remains within that up trending channel and that very long term momentum indicator remains below its support trend line but still in its positive zone.

Saturday, December 10, 2011

You Can’t Print More Gold, Price Could Reach $10,000 / Commodities / Gold and Silver 2012

By: Frank_Holmes

What do you get when you mix negative real interest rates with stimulative money supply efforts by global central banks?

An exceptionally potent formula for higher gold prices that could send gold to the unimaginable level of $10,000 an ounce. Negative real interest rates and strong money supply growth are two key factors of what I refer to as the Fear Trade.

Saturday, December 10, 2011

Gold and Silver Bull Market Pullbacks in Perspective / Commodities / Gold and Silver 2011

By: Jeff_Clark

Jeff Clark, Casey Research writes: If you're bullish about the long term for gold and silver, it's mouthwatering to watch them undergo a major correction after taking earlier profits that added to your deployable cash. For a little historical perspective on pullbacks, consider the following charts.

Saturday, December 10, 2011

General Stock Market Reinforces the Bullish Outlook for Gold Mining Stocks / Commodities / Gold & Silver Stocks

By: Przemyslaw_Radomski

Today’s EU summit has been billed as the best-- perhaps the last-- opportunity to save the euro. As we publish today’s essay, we still don’t know the results, and gold, like most asset classes, will react to headlines coming out of Europe. Will “Merkozy,” (ladies first), the leaders of Germany and France, be able to pull a rabbit out of the hat and save the day? On Monday the two issued an ultimatum demanding that all 17 nations in the eurozone agree to a change in European treaties that would compel them to balance budgets or face sanctions. German officials insist that budget discipline will restore investor confidence. However, the Franco-German plan could exacerbate Europe’s fundamental problem, which is a lack of growth.

Friday, December 09, 2011

Gold Nears Weekend 2% Down as UK Quits New European "Fiscal Compact" / Commodities / Gold and Silver 2011

By: Adrian_Ash

WHOLESALE MARKET gold prices fell back to this week's low of $1705 per ounce Friday lunchtime in London, as Asian equities closed sharply lower but Eurozone and US equities rallied following news of the "fiscal discipline" being agreed by political leaders meeting in Brussels.

All 17 heads of state in the currency union have agreed to being bound by European Commission approval of their national budgets, with "automatic sanctions" hitting any member whose annual budget deficit exceeds 3% of GDP.

Friday, December 09, 2011

Euro Fudge Distracts From Global Debt Titanic; Intervention in Gold Market? / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,719.00, EUR 1,283.70, GBP 1,095.30, CHF 1,582.40, JPY 135,510 and AUD 1,689.0 per ounce.

Gold’s London AM fix this morning was USD 1,712.00, GBP 1,094.49, and EUR 1,281.34 per ounce.

Yesterday's AM fix was USD 1,739.00, GBP 1,105.81, and EUR 1,297.28 per ounce.