Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, December 07, 2013
Gold And Silver - Your Economical Survival Depends On Them / Commodities / Gold and Silver 2013
We had planned on writing about China's emergence as the world's new superpower, while the United States keeps sliding into Third World status, but we cannot escape the more cogent political implications/ramifications of the diverging paths between the two countries. Actually, the United States has turned direction from a positive influence to a negative one with almost all other countries in the world.
Friday, December 06, 2013
Gold ETF Selling Waning / Commodities / Gold and Silver Stocks 2013
Gold’s worst year in memory was largely the result of extreme gold-ETF selling. A flood of gold supply hammered gold prices as stock investors around the world aggressively dumped gold ETFs. They were rotating out of gold to chase the Fed-driven stock-market levitations. But as toppy stock markets inevitably reverse, so will capital flows. Gold-ETF outflows are already waning, and will soon shift to accelerating inflows.
This is a very bullish omen for battered gold prices. They are determined by supply and demand, like everything else traded in financial markets. When supply exceeds demand, prices retreat until a new equilibrium level is reached that balances buying and selling. Fundamentally, this year’s extreme gold-ETF selling is responsible for literally all the world’s excess gold supply. That vanishes and gold soars.
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Friday, December 06, 2013
Gold Reverses Sharp Drop on Strong US Jobs Report / Commodities / Gold and Silver 2013
WHOLESALE gold in London reversed a sharp drop Friday lunchtime, recovering a $20 plunge on the release of US jobs data to trade back above $1230 per ounce, heading for a 1.7% drop on the week.
Versus analyst forecasts of 180,000 net hiring last month, the US economy added 203,000 jobs according to the official Non-Farm Payrolls report.
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Friday, December 06, 2013
Circling Back to Silver Fundamentals / Commodities / Gold and Silver 2013
Beyond the typical underlying changes in money supply there are very important elements of demand that continue to push the price of physical silver higher and higher. This is despite the fact that silver has been money for much longer then gold.One element is the elasticity of demand for silver, particularly in the manufacturing of electronics.
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Friday, December 06, 2013
Two Factors Suggest Gold Market Problems Will Get Bigger / Commodities / Gold and Silver 2013
Mohammad Zulfiqar writes: Gold bullion prices are taking a big hit. The precious metal continues to slide lower, and sits at the lowest level since July; negativity towards it is exuberant. There’s a significant amount of noise that says gold bullion prices will go much lower, and those who are against it can be found saying that it’s not worth the investment—those who are bullish on the precious metal are ridiculed.
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Friday, December 06, 2013
Massive Silver Trading Opportunity / Commodities / Gold and Silver 2013
Some of the biggest, most profitable trading opportunities only come around once every thirty years or so and we think this may be one of them. Why do we think we have spotted a massive trading opportunity?
- We believe a thirty three year overhead resistance level may be broken in the near future and the big money is made in the big trends.
- We believe a precedent for this breakout has already been set.
- We believe there may be an early "buy signal" in the current setup.
Friday, December 06, 2013
Forget About Trying To Get Rich With Gold… You’re Going To Need It To Survive! / Commodities / Gold and Silver 2013
Mike McGill writes: With the precious metals market in the doldrums and at the bottom of a thirty month correction, there has definitely been some hand wringing and a whole bunch of moping from investors who purchased gold and silver at or near the 2011 highs. This is natural and to be expected. Nobody wants to lose money. People purchase investments ostensibly to make money – hopefully, a lot of it.
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Friday, December 06, 2013
Government Price Manipulation Happening Now! / Commodities / Gold and Silver 2013
In 2013 the Indian Government raised import duties to 15% on gold. It then prevented the import of gold unless 20% of that gold was exported. Now this is blocked too. What impact has this had on the gold price? Here we look at the relevance of these moves to both the London and New York gold prices, which dominate the gold world.
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Friday, December 06, 2013
Crude Oil Price Outlook / Commodities / Crude Oil
In our previous essay we focused on the oil-stocks-to-oil ratio and its implications for oil stocks. However, at the end of November we checked this ratio to find out what impact it could have on future crude oil's moves. At that time we wrote the following:
Read full article... Read full article...(...) the first thing that catches the eye on the above chart is a strong negative correlation between the ratio and the price of light crude.(...) the ratio remains in the gap between the April 2009 low and May 2009 high (...). In all previous cases, such a position of the ratio triggered a correction, which resulted in higher prices of light crude. Additionally, the ratio has approached the 38.2% Fibonacci retracement level (based on the entire 2009-2011 decline), which is a strong resistance level. Taking the above into account, if history repeats itself once again and the ratio declines, we will likely see the bottom of the current correction.
Thursday, December 05, 2013
Gold Bull Over? Time for Goldbugs to Admit Defeat? / Commodities / Gold and Silver Stocks 2013
After a 12-year run, it looks like gold's wave has truly crested, and many bears are arguing that it's all downhill from here. A quick glance at a long-term gold price chart can certainly seem to confirm this impression.
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Thursday, December 05, 2013
Capitalising on Gold Strong Fundamentals Using Options / Commodities / Gold and Silver 2013
Throughout most of 2013, gold futures have been under major selling pressure. Gold opened the year trading around $1,675 per ounce. As of the 12/02/13 close, gold futures were trading around $1,220 per ounce which would mean that thus far in 2013, gold futures have lost more than 27% of their value.
Looking back to September of 2011, gold's all time high came in around $1,923 per ounce. In a little more than 2 years, gold prices have dropped around $700 per ounce representing a total loss of more than 36% based on the 12/02/13 closing price. I would say most analysts would agree that gold has been in a bear market over the past two years.
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Thursday, December 05, 2013
Gold Mining Stocks Suggest Further Declines / Commodities / Gold and Silver 2013
In our last essay we examined the situation in the US Dollar Index (from many perspectives) and the Euro Index, as many times in the past it gave us important clues about future precious metals’ moves. Back then we wrote that the implications for the precious metal market were bearish just as the outlook for the Euro Index and just as it was bullish for the USD Index.
On the next trading day, after the essay was posted, gold, silver and mining stocks declined along with the European currency and hit their fresh monthly lows. Does it mean that the final bottom for the decline in gold, silver and mining stocks is already in?
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Wednesday, December 04, 2013
No Evidence for Gold and Silver Price Manipulation / Commodities / Gold and Silver 2013
Grant Williams
This is an early warning. I'm going to be talking about gold (again) this week, so those amongst you who just kinda wish I wouldn't do that may be excused.
There. Now it's just us.
On November 1, 1961, an agreement was reached between the United States and seven European countries to cooperate in achieving a shared, and very clearly, stated aim.
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Wednesday, December 04, 2013
Evidence on Why Gold Is Falling on the Verge of a Dollar Implosion - Video / Commodities / Gold and Silver 2013
By Bud Conrad, Chief Economist
Bud Conrad, Casey Research chief economist, predicts in this fascinating interview with Future Money Trends that the US dollar will implode and be replaced with a new currency, quite possibly one backed by gold. Then why is the gold price dropping like a brick in the face of dollar devaluation? Watch the video for Bud's eye-opening answer…
Wednesday, December 04, 2013
Gold Culture - The Eastern Lust For Gold / Commodities / Gold and Silver 2013
Having replaced savings with debt on both the national and individual levels, I think it's well past time for Westerners to take a few lessons from our creditors in the East. Many Americans consider gold a "barbarous relic," but in Asia, the yellow metal remains the bedrock of individual savings plans. This means that either greater than half of the world's population are barbarians, or they've held onto an important tradition that our culture has forgotten.
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Wednesday, December 04, 2013
Gold Jumps After Strong ADP Jobs Data, "Short-Covering" Likely / Commodities / Gold and Silver 2013
JUMPING to $1229 per ounce in London trade Wednesday, gold defied analyst expectations and reversed earlier 1% losses after stronger-than-expected US jobs data.
Today's private-sector ADP Payrolls Report said 215,000 jobs were added in the US last month, against consensus forecasts of 173,000.
Wednesday, December 04, 2013
Uranium Stocks for Long-Term Investing Success / Commodities / Uranium
Sasha Cekerevac writes: Many times people ask me how I come up with my investment strategy.
Obviously, there is no one answer, but a common trick I use when developing any investment strategy is to look for areas where market sentiment still remains below peak optimism.
Following the tragic events of the Fukushima Daiichi nuclear power plant disaster in Japan, market sentiment for uranium dropped, naturally. As Japan halted all nuclear power plants, shareholders adjusted their investment strategy to get out of uranium mining stocks.
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Wednesday, December 04, 2013
Gold Price Manipulation And The Dog Track / Commodities / Gold and Silver 2014
Background
What follows is a light hearted ‘take’ on the current situation in the gold and silver space.
Many of our readers refer to the manipulation of the gold price for the reason that gold isn’t trading a lot higher than it is today. If you believe that the price of gold is manipulated by the ‘powers that be’ in order to drive prices lower then let’s indulge our imaginations by way of a visit to the dog track.
Wednesday, December 04, 2013
Gold Investor Notes From the Taj Mahal to Westminster Abbey / Commodities / Gold and Silver 2013
I recently returned from India, a nation where an incredible 600 million people are under the age of 25. That's nearly double the entire population of the U.S.!
What's amazing about that figure is that, unlike the 1970s when India had no global footprint, today's generation is increasingly gaining access to the Internet.
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Tuesday, December 03, 2013
U.S. Dollar Crisis is the Next Black Swan, Gold Bottom / Commodities / Gold and Silver 2013
Analysts everywhere appear to be wondering what could possibly be the catalyst to turn the gold market around. I maintain it's the same catalyst that drove the gold bull market from 2001 to 2011. Out of control currency debasement.
Does anyone seriously think that we can print trillions of dollars out of thin air for five years and not eventually have something bad happen? The next the black swan is already staring us in the face. It's going to be a collapse in the purchasing power of the US dollar.
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