Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Sunday, April 07, 2013

Gold - Are We There Yet? / Commodities / Gold and Silver 2013

By: Adam_Brochert

It has been a 1.5-2 year sideways affair for the precious metals (PM), depending on whether you look at silver (peak in April of 2011) or Gold (peak in August of 2011). PM stocks, on the other hand, have done quite a bit worse than go sideways. While the more conservative Gold has only fallen a maximum of 20% from its August of 2011 highs, the more volatile silver and senior PM stock indices (e.g., XAU, HUI, GDX) have both fallen close to 50%. The junior PM stock sector has been decimated, with the GLDX ETF, as a representation of the very small cap/explorer sector having fallen almost 75% over the past 2 years.

Saturday, April 06, 2013

Gold And Silver - Comex Prices Manipulated? Still 'Accurate' / Commodities / Gold and Silver 2013

By: Michael_Noonan

Charts do not lie. There are a slew of highly respected PMs "gurus" with extensive followings. None we know of have been on target in the past year. Not only are the trends still down, prices made new recent lows, again, within the trading range, but nowhere near the "prices will reach levels you cannot believe" area. [Insert your own expectation/belief]

We have been advocating the purchase of physical gold and silver, consistently and at any price. The point is not to "make money," but to preserve and/or create wealth.

Saturday, April 06, 2013

Is Panic Selling Marking Bear Market Bottom In Gold and Silver Miners? / Commodities / Gold and Silver Stocks 2013

By: Jeb_Handwerger

One of the ways to look for a bear market low is to look for panic selling and capitulation after an extended downtrend. Since 2013 began the Venture has had 3 months of losses compared to the Dow Industrials.

Saturday, April 06, 2013

Gold Price Breakout and Breakdown / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

It seems that collective memory is becoming shorter and shorter. We just celebrated two important holidays in the Judeo-Christian traditions that commemorate events that took place thousands of years ago. Yet, now, in the age of Internet, people seem to forget major events after weeks, or even days. Given this weeks' performance in the precious metals, people have forgotten that only two weeks ago Cyprus was on the brink of unraveling not only the European union, but the sacrosanct foundations of fractional banking, with the crisis highlighting the fundamental fault lines of both.

Friday, April 05, 2013

The Real Threat of Global Deposit Confiscation / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,552.75, EUR 1,201.35 and GBP 1,019.60 per ounce.
Yesterday’s AM fix was USD 1,545.25, EUR 1,207.42 and GBP 1,025,65 per ounce.

Gold fell $4.90 or 0.31% to $1,553.10/oz and silver fell 10 cents or 0.37% to $26.87/oz on the COMEX yesterday.

Friday, April 05, 2013

Gold Bull Cycle About to Begin / Commodities / Gold and Silver 2013

By: David_Banister

The dramatic 2-3 day take down in Gold Spot pricing action smells and looks like capitulation to us at The Market Trend Forecast. We have been calling this entire 19-20 month consolidation period as a Primary wave 4 correction pattern, though complicated for sure. It has had multiple false rallies and buy and sell signals the entire time. With that said, the pattern is set up for final 5th wave decline which we are seeing now at the beginning of April.

Friday, April 05, 2013

Why Gold Prices Could Jump to $1800 / Commodities / Gold and Silver 2013

By: Money_Morning

Diane Alter writes: Despite a pullback in gold prices, hold on to your gold. In fact, look to buy more.

You see, thanks to record highs for the U.S. stock market, a notable shift from defensive assets to "risk-on" trades has occurred.

The yellow metal slumped 1.4% to $1,552.80 Wednesday marking a nine-month low. That's after gold prices slid below $1,600 an ounce in Q1 on hints of a global economic rebound. The slide prompted market participants to shed gold holdings.

Friday, April 05, 2013

Charts to Provide Perspective for Gold Bulls / Commodities / Gold and Silver 2013

By: Jordan_Roy_Byrne

Most chartists use daily or weekly charts. Few look at monthly charts. I don’t know of anyone (myself included) who pays any attention to quarterly charts. We decided to take a look at the quarterly chart of the HUI gold bugs index. It is below and we note the two big downturns in the market. Also note the importance of 300 which has been support for the past seven years.

Friday, April 05, 2013

BUBBLEOMIX Says Gold Bottomed on 4th April 2013 and Heading for $1,800 / Commodities / Gold and Silver 2013

By: Andrew_Butter

BUBBLEOMIX is a name for the “science” of financial bubbles, the idea is very simple:

1. Markets are not always efficient
2. Bubbles are Zero Sum

That’s it; nothing complicated. In simple English the idea is that at any moment in time there is the “right price” for anything and everything, whereby on average for every transaction the seller gets the same amount of economic value as the buyer; Warren Buffett calls that the “intrinsic value”.

Friday, April 05, 2013

FDR's Gold Confiscation 80 Years On / Commodities / Gold and Silver 2013

By: Ben_Traynor

"I, Franklin D Roosevelt...do declare that said national emergency still continues to exist and...do hereby prohibit the hoarding of gold..."

Executive Order 6102, issued by US president Franklin Delano Roosevelt 80 years ago, on April 5th 1933, banned private gold ownership in the United States, forcing gold owners to take their bullion to a bank and exchange it for Dollars at the prevailing rate.

Thursday, April 04, 2013

Gold Price Collapse Triggered by Stop-Losses & Big Fund Sales / Commodities / Gold and Silver 2013

By: Adrian_Ash

The PRICE of GOLD extended its worst two-day drop vs. the Dollar since June last year Thursday morning in London, falling as low as $1540.50 per ounce before rallying to $1551.

Commodities also stemmed their fall and major government bonds trimmed earlier gains.

Thursday, April 04, 2013

How to Double Your Money by Investing in Copper / Commodities / Copper

By: Money_Morning

Copper prices are up 170% over the past four years - meaning huge profits for anyone who has been investing in copper.

But now many investors are bailing on the red metal. Prices have slipped about 9% this year, and inventories are soaring.

Thursday, April 04, 2013

Is It Time To Sell Your Gold? / Commodities / Gold and Silver 2013

By: Bill_Bonner

Dear readers ask about gold. Is it time to sell? To buy? To forget about it?

Gold fell $25 yesterday; it now stands at $1,575 per ounce. The gold price could break all the way down to $1,000. But we don't expect it. Gold is not in a bubble.

Wednesday, April 03, 2013

Gold Faces Headwinds if Economy Recovers / Commodities / Gold and Silver 2013

By: Ben_Traynor

FOLLOWING a sharp drop yesterday, the gold price traded near one-month lows Wednesday morning, hovering just above $1570 an ounce by lunchtime in London, as stock markets ticked lower following gains yesterday.

Silver meantime climbed back above $27.30 an ounce, having fallen to an eight-month low below $27, while broader commodities also ticked lower.

Wednesday, April 03, 2013

Why Rick Rule Bought $280M of Platinum and Palladium / Commodities / Commodities Trading

By: Critical_Metals_Repo

When Rick Rule pairs lower grades, labor strife and inefficient mines with the relentless demand for platinum and palladium, his result is an investment thesis that could pay off for bullion and equity investors. In his Metals Report interview, the founder and chairman of Sprott Global Resource Investments Ltd. compares the current platinum and palladium space to the uranium sector 10 years ago, and predicts handsome returns for investors willing to shoulder the risk.

The Metals Report: Your report, Platinum and Palladium, predicts a 915,000-ounce (915 Koz) deficit in platinum and palladium this year. Does your investment thesis treat the platinum group metals (PGMs) more as precious or industrial metals?

Wednesday, April 03, 2013

Bullish on Oil Prices? Two Reasons You Might Change Your Mind / Commodities / Crude Oil

By: The_Energy_Report

The downturn beginning in 2008 triggered a macroeconomic meltdown that would disrupt all markets, domestic and global. Demand for petroleum diminished just as new technologies were beginning to gush out oil and gas in never-before-seen volumes, creating a perfect storm that would depress prices. Now that oil prices have rebounded, is the worst behind us? In this interview with The Energy Report, Director of Energy Research Marshall Adkins of Raymond James & Associates discusses the events of the last five years and the near-term prospects for energy-related investments.

Wednesday, April 03, 2013

Recent Action in Silver ETFs Is Bad News for Precious-Metals Bears / Commodities / Gold and Silver 2013

By: Jeff_Clark

Two weeks ago we looked at the difference between gold ETF outflows vs. physical gold purchases, and showed that most sales were coming from the former while aggressive buying was coming from the latter.

This week we examined the same data for silver – and discovered a rather striking trend. Not only are silver ETFs seeing no net outflows, their holdings are increasing. Bearish investors who treat the two precious metals as being the same, interchangeable thing, and sell silver along with gold are at risk of missing the boat.

Tuesday, April 02, 2013

Why Are Silver Prices Falling When Demand for Coins is White-Hot? / Commodities / Gold and Silver 2013

By: Money_Morning

William Patalon writes: It's one of the biggest mysteries in finance right now.

I mean, it's a real head-scratcher ...

On one hand, demand for silver coins has been off the charts. With so many investors wanting to swap currency for silver, neither the U.S. Mint nor the Royal Canadian Mint has been able to keep up with purchase requests.

Tuesday, April 02, 2013

Gold Investors Evaporate as North Korea Tensions Rise / Commodities / Gold and Silver 2013

By: Ben_Traynor

U.S. DOLLAR prices to buy gold dipped back below $1600 an ounce Tuesday morning, though they remained close to that level by lunchtime in London, as the physical bullion market re-opened following the Easter break.

Stock markets edged higher in Europe despite news of record high unemployment and contracting manufacturing sectors, while major government bond prices dipped.

Tuesday, April 02, 2013

Cyprus triggers preference for Goods, Gold and Silver / Commodities / Gold and Silver 2013

By: Alasdair_Macleod

Almost certainly prices for goods in Cyprus will rise as a result of its banking crisis, because the imposition of capital controls will restrict imports, leading to supply bottlenecks. In addition residents will no longer be complacent about keeping money on deposit, but seek other alternatives. Large depositors may be trapped, but smaller local depositors will draw them down for cash to stock up on things needed tomorrow while they are available.