Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, September 25, 2013

Nuclear Power - The Energy Sector’s Biggest Threat and Opportunity / Commodities / Nuclear Power

By: Investment_U

David Fessler writes: On July 6, 2013, Ralph Seidensticker quietly passed away in his home in Valencia, Calif. He was 81 years old.

If you ask 1,000 people who he was, it’s doubtful that more than one or two would know. Seidensticker was the pioneer in nuclear reactor design. He spent 58 years designing reactors for nuclear power plants as an Argonne National Laboratory engineer. Many of the 104 plants in use in the U.S. today use his design features.

Wednesday, September 25, 2013

Gold Volumes "Quiet" on Options Expiry as Hong Kong Prepares for Golden Week / Commodities / Gold and Silver 2013

By: Adrian_Ash

WHOLESALE gold held unchanged in London on Wednesday, moving around last week's finish of $1325 per ounce as world stock markets and the US Dollar also reversed yesterday's small moves.

Silver traded in a 15-cent range either side of $21.70 per ounce.

Major government bonds were flat. Crude oil and industrial commodities ticked higher.

Wednesday, September 25, 2013

How One Man Took China’s Gold / Commodities / Gold and Silver 2013

By: Jan_Skoyles

Jan Skoyles writes: The story of China and their obsession with gold has been revived this year as monthly data shows the phenomenal volumes imported through Hong Kong and being traded on the Shanghai Gold Exchange.

However, given how much we gold commentators report on China’s inherent love for gold, it’s surprising that very few realise that less than one-hundred years ago the country lost thousands of years’ worth of reserves.

Wednesday, September 25, 2013

Fives Tonnes of Customer Gold Leave the HSBC Vault / Commodities / Gold and Silver 2013

By: Jesse

On Monday 173,582 ounces, or roughly five tonnes, of customer gold was withdrawn the HSBC warehouse.

This takes the total gold in all of the COMEX warehouses to a new low of 6,860,160 ounces in 100 oz. bars.

The portion of this that is deliverable or 'dealer gold' remains at 672,000 ounces.

Tuesday, September 24, 2013

Gold and Oil: Which Has a Better Upside Potential? / Commodities / Commodities Trading

By: Nadia_Simmons

Last week, after the Fed said it would stick to its stimulus plan for now, the yellow metal gained more than 4%, leading the rally in commodities, and rose to a new one-week high. At the same time crude oil extended earlier increases and finally gained over 2% on Wednesday. However, during this euphoric rally, investors overlooked that it was fueled by a weaker economic outlook from the Fed. Therefore, the improvement didn't last long and we saw a quick profit-taking during the last two sessions of the week. In this way, gold gave back almost 60% of the previous sessions' gains and dropped to $1,325 an ounce on Friday. What's interesting, at the same time light crude has declined sharply, erased all September's gains and reached a new week low.

Tuesday, September 24, 2013

Fifty Shades of Gold / Commodities / Gold and Silver 2013

By: Frank_Holmes

Goldman Sachs created a stir recently when it forecasted that gold would fall to $1,000 an ounce by the end of 2014, as the firm expected the Federal Reserve to reduce its bond buying program. Goldman also suggested that gold miners might want to hedge their output, locking in 2013 prices.

Tuesday, September 24, 2013

Chinese Housewives vs. Goldman Sachs Gold Price Forecast Drop to $1050 / Commodities / Gold and Silver 2013

By: Jeff_Clark

Goldman Sachs is once again predicting that gold will fall, setting a new near-term target of $1,050.

Never mind the schizophrenic gene that would be required to follow the constantly fluctuating predictions of all these big banks; it's amazing to me that anyone continues to listen to them after their abysmal record and long-standing anti-gold stance.

Tuesday, September 24, 2013

China "Overtakes India" as Gold #1 as Bargain-Buying "Supports Prices" / Commodities / Gold and Silver 2013

By: Adrian_Ash

The PRICE of wholesale gold retreated to yesterday's low at $1315 per ounce in London trade Tuesday morning, drifting down as world stock markets and commodity prices also slipped.
 
The US Dollar extended its rally on the FX market, nudging the Euro back towards 1-week lows beneath $1.3450.

Monday, September 23, 2013

Gold and Silver "Back to Status Quo" After Fed Surprise / Commodities / Gold and Silver 2013

By: Adrian_Ash

BOTH the price of gold and silver recovered early losses Monday morning in London, regaining a 1% and 2% drop respectively as world stock markets slipped with commodities.

German Bunds held flat, but the Euro currency dropped half-a-cent to a 3-session low after Angela Merkel was returned as German chancellor in national elections.

Monday, September 23, 2013

The Relationship Between Financial Assets, Time And Gold / Commodities / Gold and Silver 2013

By: GoldSilverWorlds

Claudio Grass writes: On a daily basis financial assets and commodities are measurable with the same yardstick which is say US dollars. This measurability in dollars in both cases is misleading and obscures the fact that they are indeed totally different. Their relationship to time is what sets them apart. The idea of duration and the difference between a present good and a financial asset are the most important concepts to understand for people wondering what Gold allocations are all about.

Sunday, September 22, 2013

Triple Witching Hit on Gold GLD and Silver SLV, COMEX Next Week / Commodities / Gold and Silver 2013

By: Jesse

All those happy momentum buyers of paper gold and silver, GLD and SLV, got a stiff gut check today, especially if they were playing the miners and ETFs with options, because gold and silver took a determined bear raid selloff in honor of the September triple witching expiration today. It happens four times per year.

The front month in SP 500 and NDX stock futures is now December. Can you believe it? Where has the summer gone?

Sunday, September 22, 2013

Silver Not Ready For Prime Time / Commodities / Gold and Silver 2013

By: Michael_Noonan

There are two distinct advantages derived from reading charts. They are all based on factual information, in the form of executed trades, and they are a short-cut for reading about all the exogenous factors, [mostly fundamental], that impact the market.

Everyone familiar with or interested in silver knows about the dwindling supplies, the manipulation of the COMEX/LBMA paper markets, the M F Global disappearing act of accounts that stood ready to take delivery of [unavailable] silver, the inability to make good on deliveries, etc, etc, etc. All facts sufficient to drive silver to above all-time highs, yet price continues to languish in the $18 - $25 range.

Saturday, September 21, 2013

Gold And Silver – Fed Taper? Never! Never, Never, Ever! / Commodities / Gold and Silver 2013

By: Michael_Noonan

The proverbial handwriting has been on the wall for quite some time. Lying Ben Bernocchio just sealed the fate of the already doomed fiat Federal Reserve Note, aka the "dollar," along with the financial well-being of most unsuspecting Americans who will be unprepared for what is going to happen, at some point and with certainty. Collapse.

Saturday, September 21, 2013

Recent Gold Price Rally A Sign of Strength? / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

According to Reuters, gold is often seen as an inflation hedge (while it is really a system hedge in our opinion) and this safe-haven investment, has fallen nearly 20% this year on fears of an end to easy central bank money, which had propelled it to record highs in 2011.

On Wednesday, after the Fed said it would stick to its stimulus plan for now, the yellow metal gained more than 4%, leading the rally in commodities. Yesterday, gold rose to a new one-week high and extended the previous session's rally, lifted by technical buying and short-covering.

Friday, September 20, 2013

Fed Decision to Delay QE Tapering Unleashes Gold / Commodities / Gold and Silver 2013

By: Zeal_LLC

The Federal Reserve shocked the financial world this week, defying universal expectations.  It failed to start reducing the pace of its third quantitative-easing campaign’s debt monetizations, delaying the long-anticipated QE3 taper indefinitely.  This surprise ignited sharp moves in nearly all major markets, but gold’s was certainly the most impressive.  It rocketed higher on the Fed’s startling new paradigm shift.

Friday, September 20, 2013

Gold and Silver and Being Long Gamma / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

When an option trader has a long gamma position it means that they benefit from volatility and can rebalance their portfolios’ profitably if the underlying asset moves significantly.

The more volatile the precious metals becomes, especially to the downside, the more buying interest emerges.

Friday, September 20, 2013

Gold and Silver Prices — Mapping Short Term Volatility / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

After years of paying attention to the price action and not the mainstream market commentary. — Thanks in large part to Ted Butler and GATA — here are some of the dominate forces that currently seem to be determining price movements in the precious metals:

Friday, September 20, 2013

Ron Paul Warns Prepare for the Destruction of the U.S. Dollar / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,355.25, EUR 1,002.18 and GBP 845.39 per ounce.
Yesterday’s AM fix was USD 1,363.50, EUR 1,005.90 and GBP 848.16 er ounce

Gold fell $1.10 or 0.08% yesterday, closing at $1,365.20/oz. Silver dropped $0.08 or 0.35%, closing at $23.01. At 3:41 EDT, Platinum fell $3.70 or 0.3% to $1,458.80/oz, while palladium rose $13.85 or 1.9% to $730.59/oz

Friday, September 20, 2013

Silver Major Bottom Pattern is Completing / Commodities / Gold and Silver 2013

By: Clive_Maund

Much of what is written in the parallel Gold Market update applies equally to silver and that will not be repeated here.

Silver's major reversal pattern, which, like gold's, is a Head-and-Shoulders bottom, is different to gold's in the detail that it is flat-topped - the "neckline" or top boundary of the pattern is a horizontal band of resistance. Otherwise they are broadly similar in meaning, which is hardly surprising as gold and silver are "joined at the hip", the big difference from an investor's point of view being that silver is a leveraged play on a gold move.

Friday, September 20, 2013

Fed Refusal to Taper is Good News for Gold Investors / Commodities / Gold and Silver 2013

By: Clive_Maund

That was a huge announcement by the Fed Wednessday (18th) to keep monetary policy the same and the effect on the markets was immediate and dramatic. To say that this announcement was gold friendly would have to be one of the understatements of the year. Gold soared making its biggest one-day gain for 15-months, silver rose sharply and Precious Metals stocks took off like a rocket. This action marks the start of a major sectorwide uptrend. The dollar tanked as the Fed's ongoing policy amounts to a continuation of its long-term policy to destroy the currency that has actually been in force with great effect since 1913 - just ask an old timer how much coffee he could buy for a dollar.