Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, November 06, 2012
Why Big Oil Is to Blame for High Gas Prices / Commodities / Gas - Petrol
By: InvestmentContrarian
George Leong writes: While oil prices have fallen to the $85.00 level, the price of gasoline continues to be stubbornly high, and you can blame this on the greed of the big oil companies.
Despite the decline in oil prices, it still costs me over $100.00 to fill up my gas-guzzling SUV.
According to the U.S. Energy Information Administration (EIA), the price of regular gasoline averaged $3.57 per gallon across the U.S. as of October 29, which is still well below the historical average U.S. high of $4.11 per regular gallon reached on July 18, 2008.
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Tuesday, November 06, 2012
Silver Demand - Money Versus Commodity / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
The silver market often seems to be like burning both ends of a candle at the same time. Basically, somewhere in the middle the two flames are bound to meet and cause an explosion in price.
Many long term precious metal investors have wondered whether silver is just another commodity component of the CCI, or if it will eventually reassert itself as money?
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Tuesday, November 06, 2012
The Great Precious Metals Managed Retreat / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Many observers, notably GATA, have characterized the more than decade long run up in the precious metals markets as a managed retreat orchestrated by the big bullion banks.
These banks typically profit by using their large transaction size and deep pockets when the market is vulnerable to induce substantial price variations, often by triggering stop loss orders placed by short term speculators.
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Monday, November 05, 2012
Gold $4,000! Yes, But When? / Commodities / Gold and Silver 2012
By: DeviantInvestor
There are hundreds of predictions for the price of gold. Some say it will crash to nearly $1,000, and others proclaim $3,000 by the end of 2012. The problem is that some predictions are only wishful thinking, others are obvious disinformation designed to scare investors away from gold, and many are not grounded in hard data and clear analysis. Other analysis is excellent, but both the process and analysis are difficult to understand. Is there an objective and rational method to project a future gold price that will make sense to most people?
Monday, November 05, 2012
Turkey Paying Iran for Oil With Gold Bullion / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,679.00, EUR 1,313.05, and GBP 1,050.82 per ounce.
Friday’s AM fix was USD 1,708.25, EUR 1,325.77, and GBP 1,061.29 per ounce.
Silver is trading at $31.05/oz, €24.39/oz and £19.51/oz. Platinum is trading at $1,550.32/oz, palladium at $597.38/oz and rhodium at $1,070/oz.
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Monday, November 05, 2012
Gold Reacts Negatively to US Election But Still Above Long-Term Uptrend / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold bullion prices rallied above $1680 an ounce Monday morning in London, having earlier fallen to a nine-week low, while stock markets edged lower and US Treasury bonds gained, with one day to go before the US presidential election.
The US Dollar Index, which measures the Dollar's strength against other major currencies, rose to a two-month high.
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Monday, November 05, 2012
The Secret Return to the Global Gold Standard / Commodities / Gold and Silver 2012
By: Money_Morning
Although it happened more than 40 years ago, many Americans still rue the day back in 1971 when U.S. President Richard M. Nixon effectively took this country off the so-called "gold standard."
Under a true gold standard, paper notes are "convertible" into pre-determined, fixed quantities of the "yellow metal."
What actually happened back in 1971 was that President Nixon - facing huge budget and trade deficits, and a plunging dollar - enacted a series of economic moves, including the unilateral cancellation of the direct convertibility of the U.S. dollar into gold.
Monday, November 05, 2012
Gold Seasonality Chart Shows November as Strongest Month / Commodities / Gold and Silver 2012
By: Jason_Hamlin
In statistics, many time series exhibit cyclic variation known as seasonality. For precious metals investors, understanding seasonality can help to determine when to buy and sell at optimal price points. Analysts often mention gold’s seasonality and refer to the “Summer doldrums” as a buying opportunity and the Winter months as the high season. To verify gold’s seasonality and identify opportunities to profit from the trends, I decided to update the data and charts that I had originally created a few years ago. The new chart has some variations from the past, but the overall trends remain mostly the same.
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Monday, November 05, 2012
Putting Gold Bullion and Gold Stocks in Proper Context / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
The precious metals complex had a great rebound at the end of the summer but is now in the midst of a correction. Recently we wrote that the correction was nearing an end. We believe that to be the case. A short-term bottom could occur sometime this week. However, the precious metals sector was unable to retain much of the very strong momentum it previously had. Thus, the metals and stocks will need some time to confirm support and generate positive momentum before they have a chance of breaking to new highs. That being said, we wanted to take a broader view and analyze the sector in its current context in comparsion to the past.
Sunday, November 04, 2012
A Second Chance For All Gold Investors! / Commodities / Gold and Silver 2012
By: Darah_Bazargan
Not long ago, in the article entitled, "The Final Run in Gold," I outlined a sequence of specific events that called for an imminent correction in Gold. Contrary to this viewpoint, the pervasive narrative among analyst at that time was forecasting the metal price to reach as high as $2,000 an ounce. Of course, this expectation never came into fruition, nor was it rational enough to give any credence either.
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Sunday, November 04, 2012
Gazprom to Produce Shale Oil / Commodities / Oil Companies
By: Pravda
As soon as the United States launched a campaign to promote shale, this type of energy stopped being trendy. The new trend is shale oil, and "Gazprom", as an avid trend-follower, will produce it. The reserves of this type of oil are twice as large as the reserves of conventional oil. This means that the potential profit calculated in the minds of the gas industry, would grow significantly.
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Saturday, November 03, 2012
Gold $1109 Price Target Still Prevails / Commodities / Gold and Silver 2012
By: Brian_Bloom
Within the context of a Primary Bull Market, the price destination target of $1,109 an ounce for gold remains prevalent; as can be seen from the 3% X 3 box reversal Point & Figure chart below (courtesy stockcharts.com)
Saturday, November 03, 2012
Gold Time to Buy, Buy, Buy! / Commodities / Gold and Silver 2012
By: Toby_Connor
If you aren't already in, Monday or Tuesday should represent an exceptional buying opportunity as gold moves into its final intermediate cycle bottom.
Now that the 38% retracement has been breached I would look for a final exhaustion move to test the 50% level early next week as we move into the elections.
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Friday, November 02, 2012
U.S. Presidential Elections and Stock and Gold Price Swings Analysis / Commodities / Gold and Silver 2012
By: P_Radomski_CFA
We summarized our previous essay (Oct 31, 2012) by stating that the correction in metals may not be over yet. It looked like it’s over in case of the mining stocks, at least in terms of price.
This has been quite a week. Not only has the hurricane Sandy showed us how vulnerable we are to the large and indifferent forces of nature, but we also saw how markets can plunge even though the fundamental situation did not deteriorate. In the short run markets don’t act on fundamentals – they move based on investors’ emotions and short-term price swings will always be present. Just as we can’t eliminate weather’s unpredictability, we can’t control what will happen on the market in the short run, even though we are convinced about the existence of the gold bull market. There are some things that we can do about it though – in both cases we can prepare to some extent. In case of the stock market and the precious metals market we can use charts and technical analysis to estimate what may be waiting just around the corner. In the following part of the essay we will do just that and we will focus on stocks, crude oil and gold markets.
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Friday, November 02, 2012
Gold Stock Investors Chasing the Rainbow / Commodities / Gold & Silver Stocks
By: Richard_Mills
Robert Lee Hatcher was born June 24th 1867 in Montague, Texas. He arrived in Alaska in 1888. Hatcher had started prospecting in White Oaks, New Mexico, came north at twenty-one, spent time prospecting in Atlin, Canada, and southeast Alaska before heading to south-central Alaska.
In September 1906, Hatcher located hard rock gold. The Skyscraper Vein was a quartz gold claim 1,200 feet above the floor of Fishhook Valley and nearly 5,000 feet above sea level. It was on a ridge below Skyscraper Mountain in the southern Talkeetna Mountains.
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Friday, November 02, 2012
Silver SLV ETF Impact / Commodities / Gold and Silver 2012
By: Zeal_LLC
Silver is no doubt tiny on the grand commodities scale. But its attractiveness, spearheaded by a 1000%+ bull-to-date gain to its latest high, has spawned a wide range of products for investors to partake in. And one of the most unique and powerful is the SLV iShares Silver Trust ETF.
This ETF’s objective is quite simple, to mirror the price of silver (minus a small management fee of course). But while simple in its objective, two unique traits have allowed SLV to take the silver market by storm. First is SLV offers a bridge for stock-market capital to track the price movements of a high-flying commodity, which historically had only been an arena for the futures guys. And second is it uses this capital to buy the physical metal.
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Friday, November 02, 2012
Gold and Silver Fall Ahead of U.S. Jobs Data / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET prices to buy gold in Dollars dropped to below $1710 an ounce Friday morning, reversing gains from earlier in the week, while stocks and commodities fell and the US Dollar rallied ahead of the release of key US jobs data.
The Bureau of Labor Statistics is due to publish its monthly 'Employment Situation' report at 08.30 EDT, which will include the official nonfarm payrolls estimate for the number of private sector jobs added in October. Consensus forecast among analysts is for 125,000 jobs added, while the unemployment rate is expected to tick higher to 7.9%, up from 7.8% in September.
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Friday, November 02, 2012
Why Gold will benefit from the Global Debt Crisis / Commodities / Gold and Silver 2012
By: Clif_Droke
One of the most common questions that I’m asked goes something like this: “If the deflationary long-term cycle is in its ‘hard down’ phase until 2014, why should we expect gold’ value to rise? Shouldn’t we instead expect to see a rising dollar along with a falling gold price?”Read full article... Read full article...
Thursday, November 01, 2012
Gold Bullion Held Within America and Foreign Countries, Much Is Really There / Commodities / Gold and Silver 2012
By: InvestmentContrarian
With the rise of instability within the European Union (E.U.), gold bullion has become increasingly attractive as a backstop. Next to America, Germany has the second-largest holding of gold bullion, with approximately 3,600 metric tons. What is interesting at the current moment is that many voices within Germany are calling for the Bundesbank, its central bank, to check its international holdings, namely in the U.S., as not all of the gold bullion held by Germany is being stored on the country’s own soil.
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Thursday, November 01, 2012
Gold and Silver Rise as China's Long-Term Demand Forecast to Keep Growing / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE PRICES to buy gold rose to 7-session highs in London on Thursday morning, touching $1726 per ounce even as new data showed US employment rising at its fastest pace since February.
The private-sector ADP payrolls report said the US added 158,000 jobs in October. Earlier data from the manufacturing sector in China, the world's #2 gold consumer, showed its slowdown to be easing.