Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Sunday, October 06, 2013

Sillver - QE4ever, POMO4ever, Nevermore4ever / Commodities / Gold and Silver 2013

By: Michael_Noonan

The central bankers have no rudder, adrift in a sea of fiat, taking everybody with them. Witness Cyprus and Greece being forced to walk the plank. Those who choose to stay on this Ship of Fools will suffer the same fate, even worse as the growing panic emboldens banker reactions.

Unless one has become anesthetized to the proverbial handwriting on the wall, symptoms are teeming all around. Barack "Yes We Can" [more than double the debt] Obama told everyone, promised everyone that he would cut the deficit in half. What he did not say is cutting it in half would then be the measure by which it would multiply. Issuing fiat does one thing and one thing only: it robs everyone of whatever value they have. It is a hidden transfer of wealth from you to the government, plain and simple.

Saturday, October 05, 2013

Gold And Silver Central Bank Death Dance, Good News/Bad News / Commodities / Gold and Silver 2013

By: Michael_Noonan

Last week, we began an article on the Central Bank Death Dance, and made it part 1, [here]. The main premise we want to address is why the broadly known demand factors for gold and silver are not being reflected in higher values.

People are not asking the right question[s] in determining that answer. What few are considering, or may not be aware of, is the US government defense of its fiat currency. Part 1 attempted to put the fiat Federal Reserve Note into its true context, for its defense is what keeps gold and silver at purposefully suppressed levels.

Saturday, October 05, 2013

The Fed, Gold and Jobs / Commodities / Gold and Silver 2013

By: Adrian_Ash

The most important part of an economy is simply employment. To ignore or sideline the importance of unemployment statistics is foolish. Including when you are considering what's happening to investments, including gold.

Friday, October 04, 2013

Gold Stocks Ostrich Investors / Commodities / Gold and Silver Stocks 2013

By: Zeal_LLC

Gold stocks are inarguably the most-hated stock sector on the planet these days.  After they spent 2013’s first half plunging precipitously, investors have left them for dead.  Even most former contrarians who earned vast profits in gold stocks over a decade have gone ostrich.  This is a terrible mistake, as the best times to buy low are when sectors are universally loathed.  Peak bearishness occurs right before they soar.

I first wrote about ostrich investors back in early 2009, in a very different context.  Ostriches are the kings of birds, mighty animals growing up to 9 feet tall and weighing up to 320 pounds!  They can run well over 40 miles per hour, and their tremendously powerful kicks can even prove lethal for humans.  Yet they have the metaphorical reputation of hiding their heads in the sand in the face of danger.  It’s untrue, but useful.

Friday, October 04, 2013

Gold and Emperors With No Clothes - From Nero To Nixon To Obama / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,316.00, EUR 967.01 and GBP 817.04 per ounce. Yesterday’s AM fix was USD 1,309.00, EUR 961.58 and GBP 806.63 per ounce.

Gold inched up $1.40 or 0.11% yesterday, closing at $1,317.40/oz. Silver remained unchanged closing at $21.70. Platinum climbed $10.10 or .74% to $1,372.40/oz, while palladium climbed $3.47 or 0.5% to $700.47/oz.

Friday, October 04, 2013

Silver Beats Gold as Asian Demand Eases But "Challenges London" as World Hub / Commodities / Gold and Silver 2013

By: Adrian_Ash

WHOLESALE GOLD rallied from a 1-day low of $1310 per ounce lunchtime Friday in London, but was still trading 1.4% down from last week while European stock markets also reversed earlier losses.

The US Dollar rallied from 9-month lows on the currency market as the budget shutdown in Washington saw President Obama cancel a long-planned tour of Asia.

Friday, October 04, 2013

Gold and Silver Physical Reality In An Increasingly Alternative Universe / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

We live in a time of great illusion in terms of money, wealth, and justice. Investment banking and finance continue to attract the greatest minds. Fraud of the greatest degree goes practically unpunished.

On the surface, to pursue a path toward safety appears to be the ultimate sacrifice, both financially and socially.

Friday, October 04, 2013

Gold and Silver Need Stock Market Weakness / Commodities / Gold and Silver Stocks 2013

By: Jordan_Roy_Byrne

We’ve discussed the negative correlation between precious metals and the stock market. It has now been in place for over two years. Since September 2, 2011, the HUI Gold Bugs Index is down 64% while the S&P 500 has gained 43%. Silver has lost 48% while Gold has shed 28%. It’s not exactly groundbreaking analysis to say that a decline in the general market would be good for precious metals. After all, it’s happened in the past which includes various times in the 1970s as well as the Y2K tech bust. Given the scope of the decline in precious metals, some generalist or mainstream money needs to come in for the sector to sustain a rebound. That money will only dip into precious metals once the general market struggles.

Friday, October 04, 2013

Government Shutdown, Debt Ceiling and Other Bullish Factors for Gold / Commodities / Gold and Silver 2013

By: Jason_Hamlin

The partial government shutdown that began this week is not going to have a quick resolution. Both sides of the political aisle seem to be entrenched and unwilling to negotiate. It is political theater to be sure, but there are real world consequences and investment opportunities at hand.

The cost of the government shutdown is estimated at roughly $300 million per day, based on the lost wages of some 800,000 government workers. While the initial reaction of investors was to send stock prices higher, the odds of a major shock to the economy or full-blown correction increase with each day the government remains shutdown.

Thursday, October 03, 2013

Volatile Times Ahead for Silver Price / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

On Wednesday, silver gained almost 2.7% and reached $22 as a weak dollar boosted commodities priced in the greenback. The US currency was under selling pressure as a U.S. government shutdown entered a second day with no end in sight. The white metal was supported by weak U.S. economic data, which raised hopes the Federal Reserve would stick to its commodity-friendly stimulus for longer.

Thursday, October 03, 2013

Gold Markets Are Not Efficient, Don't Reflect Fundamentals / Commodities / Gold and Silver 2013

By: Julian_DW_Phillips

Hedging

One of the biggest problems facing a miner, a refiner, a jewelry maker and anyone forced to hold gold for a period of time, when his business is not speculating on the gold price, is avoiding the price risk inherent in owning gold for such a time. Just the act of holding it for that time is a speculation. So what can these risk-averse gold holders do to get rid of the risk? The answer is that they hedge their gold.

Thursday, October 03, 2013

Rising Gold and Silver Price Volatility as US Shutdown Cancels Non-Farm Friday / Commodities / Gold and Silver 2013

By: Adrian_Ash

PRECIOUS METALS fell back Thursday morning in London, with gold reversing $20 of yesterday's near-$50 rally to trade 2.6% lower for the week so far.

The price of silver dropped almost 50c from Wednesday's peak, but held only 1.1% beneath last week's finish at $21.57.

World stock markets meantime ticked lower, as did major government bonds and commodity prices.

Thursday, October 03, 2013

Currency Strength and Central Bank's Activity - Got Gold? / Commodities / Gold and Silver 2013

By: Matt_Machaj

The crucial story for gold investors is not the pure inflation rate of the dollar, but something much deeper. When you focus on gold, you should sharpen the focus of your lens on the dollar system. As history confirms, gold can both increase and decrease under inflationary circumstances. It is also the case when considering the opposite scenario, which is deflation. It all depends on how well the dollar system is performing (how well is both dollar as a currency and dollar understood as dollar denominated assets; bonds, stocks, derivatives, credits etc.).

Thursday, October 03, 2013

Gold Gut Check 2013 - Is the Secular Bull Market Still on Course? / Commodities / Gold and Silver 2013

By: Michael_J_Kosares

This issue we team up with the charting research services, Macrotrends.net and Thechartstore.com, to bring you a grouping of highly illuminating charts on the gold and silver markets. Though we are a full five years from the genesis of the 2008-2009 financial crisis, its aftershocks still influence (in fact, dominate) economic policy as well as activity in the financial markets, including gold. Every once in a awhile, it pays to revisit the fundamental drivers of gold demand -- particularly investment demand -- in order to determine whether or not the secular bull market is still on course. If nothing else, it helps to clear the synapses of excessive media wash and re-establish why gold remains vitally important to the contemporary investment portfolio. For some, these charts will serve as an affirmation; for others a revelation -- a golden gut check of sorts. As you are about to see, the price of gold may have changed over the past year, but the fundamental monetary forces driving it have not.

Thursday, October 03, 2013

Expect Gold Price to Soar on Good Economic News / Commodities / Gold and Silver 2013

By: Casey_Research

The standard wisdom on gold is that it does well in times of economic bad news such as in the 1970s, a period of stagflation and recessions, when the yellow metal rose from $35/oz to peak at $850/oz in 1980. But this time, Don Coxe, a portfolio adviser to BMO Asset Management, believes, things are different. In this interview with The Gold Report, Coxe explains why gold will rise when the economy improves.

Wednesday, October 02, 2013

Gold Rallies, But Pullback to $1050 Needed to Clear Longs / Commodities / Gold and Silver 2013

By: Adrian_Ash

WEDNESDAY morning in London saw gold recover half of yesterday's $50 plunge per ounce, rising back above $1300 as world stock markets slipped and the US government shutdown spread to new departments.
 
Commodities also recovered, and government bonds extended their gains, pushing US interest rates down to 2.62% on 10-year debt.

Wednesday, October 02, 2013

On the Road to Armageddon, Investors Taking Shelter in Energy Resources / Commodities / Energy Resources

By: The_Energy_Report

An economic recovery that isn't one. A civil war that isn't one. Cheap oil that is no more. According to Bob Moriarty, resources remain one of the few absolutes in the world. In this The Energy Report interview, Bob explains why he's sticking to resources when many investors are turning to the mainstream markets, and shares long-term opportunities for shale oil in New Zealand and coal bed methane in Indonesia.

Wednesday, October 02, 2013

Greenland Is the Final Frontier for Lower-Cost Mining / Commodities / Metals & Mining

By: Metals_Report

Industrial minerals like copper and nickel are essential to global economic expansion. But everywhere you look, grades are getting lower, and costs are getting much, much higher. Is there a way out? Rick Mills says mining companies need to look to Greenland. In this interview with The Metals Report, the owner and host of Ahead of the Herd.com lauds the world's largest island for its vast resources, its one-stop regulatory system and its year-round access to ocean transportation.

The Metals Report: You never really believed that there was anything resembling an economic recovery in the United States, correct?

Wednesday, October 02, 2013

Ground Control to Major Tom: Gold Reserves Are in Jeopardy / Commodities / Gold and Silver Stocks 2013

By: Jeff_Clark

When you hear about the "gold reserves" a mining company has in the ground, the natural assumption would be that they're talking about a fixed number of ounces. After all, gold doesn't decay, and neither does it grow legs and move someplace else.

Tuesday, October 01, 2013

COMEX Gold Registered Inventories - JP Morgan Moves the Shells Again / Commodities / Gold and Silver 2013

By: Jesse

With regard to metals inventories, the eligible category includes any bullion of a suitable format that is held in one of the COMEX authorized warehouses, which are individually managed by one of the bullion banks.

The second category of metal is called registered, or dealer, bullion inventory. This is bullion of a suitable format that is held in one of the COMEX authorized warehouses, AND has been registered as deliverable into the market by its owner.