Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, September 09, 2013
Gold "Dull & Thin" as Spec's Cut Shorts But Analysts Expect Post-Fed Losses / Commodities / Gold and Silver 2013
The PRICE of GOLD edged $10 per ounce lower Monday morning in what dealers called "dull, thin" trade following Friday's sharp jump on US jobs data.
A surge in Asian share prices – attributed to Tokyo winning the 2020 Olympics bid, plus official news of 7% annual growth in China's exports and imports in August – failed to lift European stock markets.
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Monday, September 09, 2013
The High-Tech "Gold Rush" Officially Begins / Commodities / Gold and Silver Stocks 2013
Michael A. Robinson writes: If you've blinked in the last 14 days, you might have missed this...
ARM Holdings PLC (Nasdaq ADR: ARMH) - one of the world's dominant mobile-device chip companies - bought a small Finnish software startup called Sensinode Oy in a deal whose price wasn't reported.
And most folks shrugged it off as just another of the thousands of below-the-radar deals that companies do every year.
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Sunday, September 08, 2013
Is Gold Price Manipulation About to Begin Again? / Commodities / Gold and Silver 2013
The answer to the question above unfortunately is maybe. There are definitely warning signs springing up.
The first sign of trouble popped up last week when the miners generated a key reversal on huge volume, and on a day when gold was actually positive. Something about that day smells very fishy to me. It looks like big-money traders had advance notice that a false breakout to new highs was going to be manufactured to give insiders an exit after a two-month 40% rally. The high volume follow through the following day confirms that something is not right.
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Sunday, September 08, 2013
Can Silver Hold $23 ? $26 Should / Commodities / Gold and Silver 2013
The silver situation continues to grow more positively, based on developing market activity. Almost everyone has an opinion, but they are all subservient to whatever the market dictates with its most current and most reliable information. It is then a matter of reading the message. Sometimes it is very clear, sometimes not.
The resistance for silver at $26 is uppermost on the mind of everyone with any degree of awareness for this market. A lesser market message, but one still quite clear was the lesser resistance from a demonstrated failed swing high retest back in April.
Sunday, September 08, 2013
Gold and Silver Holding the Line On a Breakout / Commodities / Gold and Silver 2013
Today was filled with cross currents, as the Non-Farm Payrolls report came in light, and looked even worse if you peered into the details of it.
The unemployment rate is less meaningful now because of the large number of people who have been long term unemployed and are falling off the unemployment benefits rolls. Labor Participation Rate and average workweek are therefore a bit more important. And things are not looking good because the jobs that are being created tend to be low wage and often part time.
Saturday, September 07, 2013
Gold And Silver - It Is Always About One Thing: Timing / Commodities / Gold and Silver 2013
Is the current rally from the lows the result of:
A. Long lines to buy silver and gold coins world-wide
B. Unprecedented demand for those same coins, year over year
C. Drawdowns of physical gold/silver on COMEX
D. Central bank PM vaults about empty
Saturday, September 07, 2013
Cashing In Your Gold Insurance / Commodities / Gold and Silver 2013
One nation's recovery is another's credit crisis. Time to sell gold...
COTTON is it, for the second anniversary? Today marked two years since gold hit its all-time peak so far.
Tuesday 6th Sept 2011 was wet and windy, both in London and gold. Late Asian trade had seen the wholesale gold price rise 1.4%, reaching $1921 per ounce. Prices then turned lower, and by the time New York opened the air was hissing out of gold futures.
Friday, September 06, 2013
Indian Gold Price Soars, Neear Collapse of Another Fiat Currency / Commodities / Gold and Silver 2013
Gold denominated in Indian rupees just skyrocketed up near record highs, a far cry from recent dollar-gold action. Much of this extraordinary rally was fueled by the near-collapse of the Indian currency to new record lows against the US dollar. India’s deepening currency crisis has major implications for domestic gold demand and thus global gold prices. Nothing ignites gold buying like a collapsing currency!
Indians’ deep cultural affinity for gold is legendary. For decades it was the world’s biggest consumer of gold, although China is overtaking it now. According to the World Gold Council, in the first half of 2013 India still accounted for a staggering 28% of global consumer gold demand! The 566.5 metric tons of the yellow metal Indians bought in the last two quarters greatly dwarf Americans’ 83.4t purchased.
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Friday, September 06, 2013
Gold: An Attitude Adjustment For Institutional Banks / Commodities / Gold and Silver 2013
The last couple of weeks have witnessed changing attitudes of large institutions concerning the gold price. A growing number of institutional analysts are become bullish - some them ultra bullish - on gold's near-term outlook. What makes this unusual is the fact that only a few weeks ago they were singing a bearish tune. The swift attitude adjustment is a testament to the strong impact of rising prices on the investor psyche.
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Friday, September 06, 2013
Gold Marks 2 Years from Top with $30 Jump on Weak US Data / Commodities / Gold and Silver 2013
The PRICE of gold jumped $33 from a new 10-session low in just 5 minutes on Friday, touching $1393 per ounce before easing back after August's Non-Farm Payrolls data on US jobs came in weaker than expected.
Net hiring rose to 169,000 jobs instead of the 180,000 analysts forecast. The US unemployment rate, however, fell to a 44-month low of 7.3%.
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Friday, September 06, 2013
Sell Gold, Buy Stocks: Really Dumb Idea / Commodities / Gold and Silver 2013
With delusions running rampant, the investment community gave into the pressures for conformity in June to embark on another one of their ongoing errors of judgement. Selling Gold and buying equities became an emotionally driven mania, void of reason. Rather than assessing rewards and risk for their clients, the "teenage" traders running "hedge" funds again chose the wrong strategy.
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Friday, September 06, 2013
India Doubles Silver Imports - Bullion Coin, Bar and ETF Demand Surging / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,368.25, EUR 1,042.24 and GBP 877.87 per ounce.
Yesterday’s AM fix was USD 1,391.75, EUR 1,054.60 and GBP 891.06 per ounce.
Gold fell $25.20 or 1.81% yesterday, closing at $1,368.70/oz. Silver slid $0.32 or 1.36%, closing at $23.21.
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Friday, September 06, 2013
How High Could Silver Prices Go? / Commodities / Gold and Silver 2013
One of the most often asked questions by those interested in investing in silver pertains to not only how low, but how high silver’s price can go.The range is anywhere from a paper price of zero, given the role of the bullion banks in the decades long silver market price suppression conspiracy, to infinity in the event of a U.S. Dollar hyperinflationary scenario.
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Friday, September 06, 2013
Gold and Silver in a World that is Flat, Fungible and Fiat / Commodities / Gold and Silver 2013
Ultimately, the global markets remain the battlefield in which investors compete for the last remaining quality collateral. Furthermore, secondary to Fed taper talk’s effect on the United States, is its impact on markets abroad.
As a case in point, the impact of the recently announced Fed QE taper plans on the exchange rate of emerging market currencies has been rather dramatic to say the least. The threat of tapering has sent shock waves across emerging markets seeing sharp crashes in the value of Indonesian and Indian currencies. Even the Mexican Peso has been hit substantially as hot money investors’ interest returns to Dollar assets.
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Friday, September 06, 2013
Gold and Silver Stocks No Retest of June Lows / Commodities / Gold and Silver Stocks 2013
Recently I’ve received some emails from those who are concerned about a retest of the June low in the precious metals complex. That prompted me to look at how rebounds develop from significant bottoms. In recent months we focused on historical bottoms in gold stocks and it helped us to pinpoint the best buying opportunities. In this editorial we broaden the scope and examine how certain bottoms play out and why they play out in a particular manner. The length and depth of the preceding bear market helps us to understand how the ensuing bull market evolves during its initial rebound.
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Thursday, September 05, 2013
Gold Price, What Can We Infer From Copper and Palladium? / Commodities / Gold and Silver 2013
According to Reuters, gold rose after President Barack Obama won the backing of key figures in the U.S. Congress, including Republicans, in his call for limited strikes on Syria to punish the government for its suspected use of chemical weapons against civilians. Earlier on Tuesday, a missile test by Israeli forces training in the Mediterranean with the U.S. Navy set nerves on edge. These circumstances stimulated safe-haven buying in the gold market and resulted in an increase in price to above $1,416 an ounce.
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Thursday, September 05, 2013
Top 10 Reasons To Buy Gold and Silver / Commodities / Gold and Silver 2013
Mike Maloney writes: As I have said many times before, the economic crisis of 2008 was only a speed bump on the way to the main event. I believe that before the end of this decade there will be an economic crisis so historic that it will eclipse the crash of 29 and the subsequent great depression. I also believe it is both unavoidable and inevitable, because it is merely the free market releasing the stored up energy from decades of economic manipulation. Yes… bad things are going to happen, but it could be the best thing that ever happened to you.
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Wednesday, September 04, 2013
Gold Drops with Oil as US & Russia Argue Over Syria Ahead of G20 / Commodities / Gold and Silver 2013
WHOLESALE GOLD fell back below $1400 per ounce for the third day running Wednesday lunchtime in London, dropping to $1393 and trading 1.7% below yesterday's high as crude oil and world stock markets both fell 0.5%.
Silver dropped to $23.53 per ounce, some 4.0% below Tuesday's top.
Major government bonds edged higher, nudging interest rates down, while weaker Eurozone debt fell in price.
Wednesday, September 04, 2013
Gold Looks Good Here; Gold Miners Look Even Better / Commodities / Gold and Silver 2013
Michael Lombardi writes: When gold bullion prices fell just below $1,200 an ounce on June 28 of this year, the general consensus was that buyers had run out. After all, why would someone buy an asset that was declining in value so fast? That line of thinking, which I pointed out many times in this column as ridiculous, didn’t pan out.
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Wednesday, September 04, 2013
An American Energy Revolution / Commodities / Energy Resources
In Texas these days, there’s a feeling of absolute and unwavering confidence in the concept of an American energy revolution. From the depths of reserves to the richness of the energy, an incredible transformation is taking place.
We’ve been talking about the significant impact of the U.S.’s oil production for a while now, but the buzz about shale oil and gas is only getting louder. At Morgan Stanley’s energy forum in Houston in August, Director of Research John Derrick and Portfolio Manager Evan Smith said shale was the prevailing topic.