Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Saturday, November 19, 2011

Gold Demand Increases As Central Bank Purchases Jump 556% / Commodities / Gold and Silver 2011

By: Eric_McWhinnie

Despite record high nominal prices and bubble claims, demand for gold continues to grow. In its most recent Gold Demand Trends report, the World Gold Council finds that third quarter gold demand volume increased 6% to 1,053.9 tonnes. By the end of September, the quarterly average price of gold increased 39% to $1,702.12, compared to $1,226.75 in last year’s third quarter.

Friday, November 18, 2011

HUI Gold Stocks Seasonal Trend Analysis / Commodities / Gold and Silver 2011

By: Zeal_LLC

After updating my gold-seasonality research last week, I heard from traders wondering how it affects gold stocks.  Since the price of gold is their primary driver, gold seasonality naturally has a major impact on gold-stock price levels.  This is readily apparent in the seasonality of the HUI, the flagship gold-stock index.  As you’d expect, this sector mirrors and amplifies the seasonal swings in the metal it mines.

Friday, November 18, 2011

Don't Sweat the Gold Price Correction / Commodities / Gold and Silver 2011

By: Jeff_Clark

Jeff Clark, BIG GOLD writes: I've told more than one concerned investor that when the gold price falls, they should "come back in three months" and see if they're still worried. The idea is that the daily and monthly gyrations are nothing to fret over, that the price will recover and, in time, fetch new highs.

That advice has worked every time gold underwent any significant correction (except in late 2008, when one had to take a longer view than three months). Here's proof.

Friday, November 18, 2011

Gold Demand Hits New Record with Central Bank Buying Up Sixfold / Commodities / Gold and Silver 2011

By: Jason_Hamlin

Gold demand in the third quarter of 2011 reached 1,053.9 tonnes, an increase of 6% compared to the same period last year. This equates to $57.7 Billion, an all-time high in value terms.

According to the World Gold Council’s Gold Demand Trends report for Q3 2011, this increase was driven by investment demand which rose by 33% year-on-year to 468.1 tonnes, generating record quarterly demand of $25.6 Billion.

Friday, November 18, 2011

Gold Falls 2.5% But Up 21% YTD, Technical’s Short Term Bearish; Long Term Bullish / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,727.10, EUR 1,278.60, GBP 1,090.30, CHF 1,579.20, JPY 132,590 and CNY 10,970 per ounce.

Gold’s London AM fix this morning was USD 1,730.00, GBP 1,093.00, and EUR 1,279.87 per ounce.

Thursday, November 17, 2011

Not Your Father's Gold Market / Commodities / Gold and Silver 2011

By: Adrian_Ash

From TTT to KFC and onto a very different gold investment market again... SO THIS isn't your father's bull market in gold, and it certainly isn't your grandfather's.

Where gold amid the Great Depression was all about three T's – teeth, trinkets and terror – it had morphed by the end of the 1970s into a finger-lickin' combination of Krugerrands, futures, and those "certificates of confiscation" that were government bonds paying way less than inflation.

Thursday, November 17, 2011

Crude Oil Under Pressure / Commodities / Crude Oil

By: Mike_Paulenoff

NYMEX crude oil has reversed from new recovery highs at 103.37 to test its November support line at 99.20, which so far has contained the pressure.

However, judging by the sharply declining 40-hour RSI momentum gauge, we should expect additional pressure that extends weakness towards a test of much more important support at 98.25/00 next.

Thursday, November 17, 2011

Why Uranium Prices Are Rising Again / Commodities / Uranium

By: Andrew_McKillop

WHAT GOES DOWN, GOES UP
We must start with the ultra-basic fact there is no such thing as an "open market" for uranium. Prices are reported by a select few nuclear-related organizations (like UXC) on the basis of what nuclear operator companies, power plant builders, uranium miners, and certain other players in the nuclear fuel value added chain decide to disclose as the prices paid or received when uranium and its fuel derivatives are handed over from one player to another, weeks after the event.

Thursday, November 17, 2011

EU Gold Investment Demand Surges 135%, World Demand Up 6% in Q3 2011 / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,759.10, EUR 1,305.60, GBP 1,116.30, CHF 1,618.20, JPY 135,390 and CNY 11,190 per ounce.

Gold’s London AM fix this morning was USD 1,756.00, GBP 1,115.70, and EUR 1,304.12 per ounce.

Thursday, November 17, 2011

Investors Hedging Against Fiat Currency Devaluation with Gold, France Calls for ECB Solution / Commodities / Gold and Silver 2011

By: Ben_Traynor

SPOT MARKET gold bullion prices fell to $1741 per ounce Wednesday lunchtime in London – 2.6% down for the week so far – while stocks, commodities and government bonds also sold off as tensions grew between France and Germany.

As yields on French, Italian and Spanish government debt spiked, leaders of the Eurozone's two largest nations were in disagreement over how best to solve the crisis.

Thursday, November 17, 2011

Jaguar A Sign of Gold Stocks Accumulation / Commodities / Gold & Silver Stocks

By: Jeff_Berwick

We were beginning to question our premises... something that almost always signifies a bottom.  But, after riding through a tough year for the gold stocks, despite gold holding steadily between $1,500 to $2,000, it only came naturally that we should re-assess everything.

Were we wrong?  Would the gold shares consistently underperform the metal?  Would the rest of the market continue to ignore the precious metals stocks no matter what happened?

Thursday, November 17, 2011

Whirlwind Debt Crisis Ensures Gold $2000 Assured / Commodities / Gold and Silver 2011

By: Jim_Willie_CB

What an incredible whirlwind of crisis from seven foul winds around the globe. Most emanate from Europe, which is far from its climax in crisis. Three steps will lead to full blown eruption, the first Italy with rising bond yields and a bank run, the second Spain with rising bond yields and admission that banks are far more insolvent than recognized, and third the failure of all three largest French banks as the principal swine creditor. In fact, a great split has occurred, as France has been cut off from the future world by Germany, which looks East to Russia and China. The Berlin leaders will not be needing French squires to carry their bags, but instead will watch as Paris becomes the appointed leader of the PIIGS.

Wednesday, November 16, 2011

Is It a Good Time to Invest in Oil and Gas Pipeline Companies? / Commodities / Oil Companies

By: Marin_Katusa

Marin Katusa, Casey Energy Opportunities writes: Let's begin by positioning the sector. Investing in a pipeline company is similar to investing in a utility: Like electricity providers, pipeline companies operate in heavily regulated environments, and once they are up and running, pipeline operators enjoy stable cash flows from long-term contracts.

Wednesday, November 16, 2011

Gold Climbs as Euro Crisis Gets Worse Every Day / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR prices to buy gold climbed to $1779 an ounce Wednesday lunchtime in London – 0.5% down from last week's close –amid suggestions that central bankers in London and Frankfurt are growing more interventionist.

"Our strategic view remains unchanged," says Standard Bank commodities strategist Walter de Wet.
"Gold will push higher in 2012 with a target of $2000 in the first quarter of 2012."

Wednesday, November 16, 2011

Euro Gold Outperforming Bunds and Euro Assets / Celente’s MF Global Gold Account ‘Looted’ / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,775.20, EUR 1,318.30, GBP 1,125.30, CHF 1,630.20 , JPY 136,576 and CNY 11,263 per ounce.

Gold’s London AM fix this morning was USD 1,773.00, GBP 1,124.43, and EUR 1,311.49 per ounce.

Wednesday, November 16, 2011

The “Gold Beta” Of Mining Stocks and Why We Continue To Avoid Them / Commodities / Gold and Silver 2011

By: Bob_Kirtley

In this article we aim to explain the relationship between the movements in the price of gold and movements in gold stocks.

The financial tool that measures this relationship is the asset’s “Beta”. Beta is a measure of risk and compares the historical return of asset X with the return on the relevant market index over the same time period (eg returns on Google in the past 5 years vs returns on the S&P 500 in the past 5 years).

Wednesday, November 16, 2011

Will China’s Housing Market Boom Flow to Silver? / Commodities / Gold and Silver 2011

By: Dr_Jeff_Lewis

It now appears that the Chinese real estate market will face an inevitable correction.  Property prices in major metro areas have skyrocketed in the past decade, the result of a middle class that grew faster than available real estate, along with sky-high inflation statistics that make real estate an excellent store of value for Chinese investors. 

Tuesday, November 15, 2011

Bullish Coil for Gold / Commodities / Gold and Silver 2011

By: Mike_Paulenoff

From an hourly perspective of the SPDR Gold Shares (GLD), all of the action off of the Nov 8 high at 175.46 has carved out a high-level bullish coil formation, which (if it is bullish) should resolve itself to the upside in a thrust that projects into the 178.00 area next.

Tuesday, November 15, 2011

Paulson Sells Gold ETF, Buys Physical Bullion? Soros Not Gold Bearish / Commodities / Gold and Silver 2011

By: GoldCore

Gold is trading at USD 1,768.20, EUR 1,305.30, GBP 1,113.30, CHF 1,620.20 , JPY 136,076 and CNY 11,223 per ounce.

Gold’s London AM fix this morning was USD 1,765.00, GBP 1,113.99, and EUR 1,302.39 per ounce.

Tuesday, November 15, 2011

Gold Bounces on "Physical Demand", as Bond Market Attention Shifting Spain's Way / Commodities / Gold and Silver 2011

By: Ben_Traynor

U.S. DOLLAR gold prices bounced to $1771 an ounce Tuesday lunchtime in London – still nearly 1% down on where they started the week after sharp falls yesterday and this morning.

"The yellow metal continues to find good scaled down buying interest towards $1750 as safe haven diversification continues," says a note from Swiss precious metals group MKS.