Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, October 09, 2013
Yellen's Fed News Fails to Shake Gold's Lethargy, Goldman Targets $1050 / Commodities / Gold and Silver 2013
The WHOLESALE price of gold gave back this week's 1.4% gains Wednesday morning in London, dropping below $1310 per ounce as European shares recovered earlier losses.
Commodities ticked lower, as did non-US government bonds, while silver followed gold lower, but retained a 1.0% gain for the week so far.
Wednesday, October 09, 2013
Technical Analysis Toolkit for Energy Investors / Commodities / Energy Resources
Candlestick, head-and-shoulders, ascending triangle: If these phrases aren't familiar to you, you're missing out on major profit opportunities. Clive Maund, technical trader and editor of CliveMaund.com, shares the tricks of his trade in this interview with The Energy Report. Find out how to recognize potential price swings in commodities and stocks, and discover junior energy companies and ETFs with charts that scream "upside!"
The Energy Report: Energy prices are very sensitive to international events, especially conflicts in the Middle East. Do your charts factor in the periodic crises that impact oil and gas prices as buy and sell moments? How do you factor in inflation and interest rate movements into your calculations about which energy juniors look like good buys at any given time?
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Tuesday, October 08, 2013
Fueling The Gold Fire / Commodities / Gold and Silver 2013
Gold took quite a beating in September, bucking its seasonal average monthly return of 2.3 percent. The political battle between President Barack Obama and Congress, China’s Golden Week, and India’s gold import restrictions likely weighed on the metal.
September’s correction only adds to the negative sentiment toward the precious metal. The assumption from many market pundits is that gold is no longer attractive as an investment. With rising rates and continuing low inflation, U.S. investors believe they have a solid case for selling their holdings.
Tuesday, October 08, 2013
Bearish Western Gold Analysts, Whilst Chinese Imports Show Another 100-Tonne Month / Commodities / Gold and Silver 2013
The PRICE of gold halved yesterday's gains in London trade Tuesday morning, slipping below $1320 per ounce as European stock markets extended their drop and the US government shutdown continued.
Silver fell less than gold, edging back towards $22.20 from a new 3-week high hit overnight at $22.46 per ounce.
Tuesday, October 08, 2013
Gold Mining Stocks Sector Resembles a Somme Battlefield / Commodities / Gold and Silver Stocks 2013
Technical trader Clive Maund, the force behind CliveMaund.com, tells The Gold Report that the prolonged naked shorting of precious metals stocks has been immensely destructive to the sector and has left a battlefield littered with corpses, like the first day of the Battle of the Somme. The silver lining: He believes his charts are showing a Head-and-Shoulders bottom, which could signal an excellent entry point. That is good news for the companies Maund highlights, which he believes are strong enough to survive the onslaught.
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Monday, October 07, 2013
Is Crude Oil Price Ready for Further Growth? What Impact on Gold? / Commodities / Commodities Trading
One of the main events of recent days was the first U.S. government shutdown in 17 years. Light crude dropped to a new monthly low at $101.05 on concerns that this event would reduce demand for black gold in the world's largest oil consumer market. In the previous week, the yellow metal also declined and dropped below $1,300 an ounce. Despite this declines, on Wednesday, both commodities rebounded sharply supported by a weaker U.S. dollar as commodities priced in the greenback became less expensive for holders of other currencies. Additionally, in the second half of the previous week we saw similar price action in both cases.
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Monday, October 07, 2013
U.S. Government Shutdown Gold Fuel / Commodities / Gold and Silver 2013
The shutdown, albeit it temporary, of much of the U.S. government has drawn both fierce and mixed emotions. On one hand are those that believe a day without government is day with greater liberty. The other group is upset that government is prevented from repressing the spirits of a free economy. Regardless of which group you find yourself, as an investor one should recognize that the shutdown will increase the availability of the fuel necessary to push the price of Gold higher.
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Monday, October 07, 2013
Sense of Calm Keeps Gold Flat Despite Threat US Won't Pay Its Bills / Commodities / Gold and Silver 2013
PRECIOUS METAL prices were unchanged in what dealers called "thin, quiet" Asian and London trade Monday morning, despite increasing fears the US government will fail to meet its obligations in only 10 days' time.
"Congress is playing with fire," Treasury secretary Jack Lew told CNN on Sunday. Because "if the United States government, for the first time in its history, chooses not to pay its bills on time, we will be in default.
Monday, October 07, 2013
Comprehensive Look at the Gold and Silver Stock Indexes / Commodities / Gold and Silver 2013
In this Report I want to continue looking at the precious metals stock indexes and the consolidation patterns that have been building out since the June low. The reason I’m spending so much time looking at this possible consolidation area is so you can get a feel, in real time, how breakouts and backtest work. There is no better way to learn how the markets work than to watch how things unfold moment by moment. Its easy to say after the fact, yes I should have done this or that, but real time doesn’t give you the luxury of 20/20 hindsight.
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Monday, October 07, 2013
Silver Price Targets $31 Before of End 2013 / Commodities / Gold and Silver 2013
The reason for posting a new Silver Market update at this juncture is that we appear to be at an optimum 'buy spot', for gold, silver and Precious Metals ETFs and stocks, as both gold and silver have dropped back in recent weeks to mark out the Right Shoulder low of what is believed to be a large Head-and-Shoulders bottom.
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Monday, October 07, 2013
Gold Price Trend Forecast Into the End of 2013 / Commodities / Gold and Silver 2013
The reason for posting a new Gold Market update at this juncture is that we appear to be at an optimum 'buy spot', for gold, silver and Precious Metals ETFs and stocks, as both gold and silver have dropped back in recent weeks to mark out the Right Shoulder low of what is believed to be a large Head-and-Shoulders bottom.
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Sunday, October 06, 2013
What Did Congress Do to Gold Prices? / Commodities / Gold and Silver 2013
Sean Brodrick writes: The U.S. government is in crisis. After all, the government failed to pass a continuing resolution to fund government operations on Monday. The U.S. dollar fell.
But many traders are left wondering, “If it’s such a crisis, why isn’t gold doing better?” The last time we had this scenario, in December 1995, gold moved higher. But this time, gold tanked. Seems weird, right?
Sunday, October 06, 2013
Sillver - QE4ever, POMO4ever, Nevermore4ever / Commodities / Gold and Silver 2013
The central bankers have no rudder, adrift in a sea of fiat, taking everybody with them. Witness Cyprus and Greece being forced to walk the plank. Those who choose to stay on this Ship of Fools will suffer the same fate, even worse as the growing panic emboldens banker reactions.
Unless one has become anesthetized to the proverbial handwriting on the wall, symptoms are teeming all around. Barack "Yes We Can" [more than double the debt] Obama told everyone, promised everyone that he would cut the deficit in half. What he did not say is cutting it in half would then be the measure by which it would multiply. Issuing fiat does one thing and one thing only: it robs everyone of whatever value they have. It is a hidden transfer of wealth from you to the government, plain and simple.
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Saturday, October 05, 2013
Gold And Silver Central Bank Death Dance, Good News/Bad News / Commodities / Gold and Silver 2013
Last week, we began an article on the Central Bank Death Dance, and made it part 1, [here]. The main premise we want to address is why the broadly known demand factors for gold and silver are not being reflected in higher values.
People are not asking the right question[s] in determining that answer. What few are considering, or may not be aware of, is the US government defense of its fiat currency. Part 1 attempted to put the fiat Federal Reserve Note into its true context, for its defense is what keeps gold and silver at purposefully suppressed levels.
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Saturday, October 05, 2013
The Fed, Gold and Jobs / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: How Labor Force Participation tells a different story about gold from the headline data...The most important part of an economy is simply employment. To ignore or sideline the importance of unemployment statistics is foolish. Including when you are considering what's happening to investments, including gold.
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Friday, October 04, 2013
Gold Stocks Ostrich Investors / Commodities / Gold and Silver Stocks 2013
Gold stocks are inarguably the most-hated stock sector on the planet these days. After they spent 2013’s first half plunging precipitously, investors have left them for dead. Even most former contrarians who earned vast profits in gold stocks over a decade have gone ostrich. This is a terrible mistake, as the best times to buy low are when sectors are universally loathed. Peak bearishness occurs right before they soar.
I first wrote about ostrich investors back in early 2009, in a very different context. Ostriches are the kings of birds, mighty animals growing up to 9 feet tall and weighing up to 320 pounds! They can run well over 40 miles per hour, and their tremendously powerful kicks can even prove lethal for humans. Yet they have the metaphorical reputation of hiding their heads in the sand in the face of danger. It’s untrue, but useful.
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Friday, October 04, 2013
Gold and Emperors With No Clothes - From Nero To Nixon To Obama / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,316.00, EUR 967.01 and GBP 817.04 per ounce. Yesterday’s AM fix was USD 1,309.00, EUR 961.58 and GBP 806.63 per ounce.
Gold inched up $1.40 or 0.11% yesterday, closing at $1,317.40/oz. Silver remained unchanged closing at $21.70. Platinum climbed $10.10 or .74% to $1,372.40/oz, while palladium climbed $3.47 or 0.5% to $700.47/oz.
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Friday, October 04, 2013
Silver Beats Gold as Asian Demand Eases But "Challenges London" as World Hub / Commodities / Gold and Silver 2013
WHOLESALE GOLD rallied from a 1-day low of $1310 per ounce lunchtime Friday in London, but was still trading 1.4% down from last week while European stock markets also reversed earlier losses.
The US Dollar rallied from 9-month lows on the currency market as the budget shutdown in Washington saw President Obama cancel a long-planned tour of Asia.
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Friday, October 04, 2013
Gold and Silver Physical Reality In An Increasingly Alternative Universe / Commodities / Gold and Silver 2013
We live in a time of great illusion in terms of money, wealth, and justice. Investment banking and finance continue to attract the greatest minds. Fraud of the greatest degree goes practically unpunished.
On the surface, to pursue a path toward safety appears to be the ultimate sacrifice, both financially and socially.
Friday, October 04, 2013
Gold and Silver Need Stock Market Weakness / Commodities / Gold and Silver Stocks 2013
We’ve discussed the negative correlation between precious metals and the stock market. It has now been in place for over two years. Since September 2, 2011, the HUI Gold Bugs Index is down 64% while the S&P 500 has gained 43%. Silver has lost 48% while Gold has shed 28%. It’s not exactly groundbreaking analysis to say that a decline in the general market would be good for precious metals. After all, it’s happened in the past which includes various times in the 1970s as well as the Y2K tech bust. Given the scope of the decline in precious metals, some generalist or mainstream money needs to come in for the sector to sustain a rebound. That money will only dip into precious metals once the general market struggles.
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