Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, August 20, 2013
Silver To Rally Due To Coming Dow Stock Market Crash / Commodities / Gold and Silver 2013
Since the last update, the Dow has had a rally which exceeded the previous all-time high. The rally appears to be nothing significant, since it was likely just a retest of the previous breakdown – See the Dow -chart below (from freestockcharts.com):
Read full article... Read full article...
Tuesday, August 20, 2013
Crude Oil Price Corrective Pause Appears Complete; 110 Back in View / Commodities / Crude Oil
OIL is trading slightly lower after recent reversal from the upper channel resistance line shown on the 4-hourly chart. However, we cannot ignore a three wave decline from July high which is clearly a contra-trend movement, called a zig-zag in Elliott Wave theory. With that in mind, we will continue to look for higher prices on crude oil as long as 102.15 support is in place. As such, we suspect that current set-back is wave (ii) that may look for a support in 104-105 zone, in one of the Fibonacci support levels. Reversal from there, in impulsive fashion back to 108 will be nice indication for a bullish moves, but then towards 110 level.
Read full article... Read full article...
Tuesday, August 20, 2013
U.K. Gold 'Exports' To Switzerland Explode Due To Allocated and Asian Demand / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,365.75, EUR 1,020.28 and GBP 871.29 per ounce.
Yesterday’s AM fix was USD 1,375.25, EUR 1,031.39 and GBP 878.47 per ounce.
Gold fell $6.40 or 0.47% yesterday, closing at $1,366.60/oz. Silver edged down $0.02 or nearly 0.09%, closing at $23.16. Platinum fell $14.52 or 1% to $1,504.49/oz, while palladium was down $10.75 or 1.4% to $749.75/oz.
Read full article... Read full article...
Tuesday, August 20, 2013
Drivers for Silver Price Up Trend / Commodities / Gold and Silver 2013
Tony Daltorio writes: After slipping nearly 40% this year by June, silver prices today have rebounded, and now trade near $23 an ounce. Silver ended the week up 14%.
This puts the precious metal at a level not seen since May.
There are several reasons for this move up in silver prices - reasons that will carry silver prices to $40 an ounce - and then $60 an ounce - by 2014.
Read full article... Read full article...
Tuesday, August 20, 2013
Gold Bugs Will Love This Gold Price Chart / Commodities / Gold and Silver 2013
David Zeiler writes: There's no shortage of catalysts pushing gold prices higher, but now gold bugs have another...
A technical analysis of the chart depicting gold's rocky ride over the past nine months shows that gold prices have only just begun to break out to the upside.
Read full article... Read full article...
Tuesday, August 20, 2013
GET READY - The Great Transfer of Wealth in Gold & Silver is Coming / Commodities / Gold and Silver 2013
The U.S. Economy stands at the edge of the abyss while the financial MSM debates whether or not the FED will taper in the fall. Silly analysts. Serious cracks are beginning to appear in the economy while the precious metals have now seemingly decoupled from the broader stock market in a big way.
Read full article... Read full article...
Monday, August 19, 2013
Gold’s Relationship with the Indian Rupee / Commodities / Gold and Silver 2013
According to Reuters, last week India hiked the import duty on gold yet again to a record 10% and raised excise duty on the metal, as imports jumped in July despite the government's attempts to strangle supply and curb demand to rein in dollar spending.
This decision resulted in a further rally and gold prices in India rose to their four-month high on Friday. Today, the yellow metal extended gains and climbed up to over Rs 86,000 per ounce. It’s gold’s highest level since April 10, 2013.
Read full article... Read full article...
Monday, August 19, 2013
Case of the Missing Corn / Commodities / Agricultural Commodities
200 million bushels of corn suddenly disappear. Could the mystery of the disappearing corn be rich material for Erle Stanley Gardner? Probably not. Most of that disappearing corn was fantasy corn, existing only in the imagination of some forecasters. That missing corn was revealed in USDA's latest World Agricultural Supply & Demand Estimates(WASDE). Further, analysis of USDA's acreage certification report by Bryce Knorr of FarmFutures.com suggests that USDA estimates for U.S. corn acreage may be too high by as much as 2.7 million acres. Should Knorr be correct, another 300 million bushels of corn may disappear.
Read full article... Read full article...
Monday, August 19, 2013
Silver Price 13% Jump Confirms Recovery in Gold Even as T-Bond Yields Rise / Commodities / Gold and Silver 2013
WHOLESALE GOLD edged back from last week's two-month closing high on Monday morning, recording its best London Gold Fix since 18th June above $1375 per ounce.
World stock markets slipped, with Indonesia dropping 5.5%, as major government bond prices also fell, driving interest rates higher.
Monday, August 19, 2013
Gold and Silver - What IF This has all been one Giant Half Way Pattern? / Commodities / Gold and Silver 2013
Editors Note : Last Weekend report , Rambus Showed a Provocative Scenario For the Precious Metals Markets dubbed “What If 1 : Circa 2013″
This Scenario was based on a comprehensive and rather complex analysis of the Chartology of the Precious Metals
http://rambus1.com/?p=15405 :
Read full article... Read full article...
Saturday, August 17, 2013
Gold And Silver Fundamentals Never Say When, Charts Do, It Pays To Listen / Commodities / Gold and Silver 2013
Finally, a classic example on the importance of reading developing market information, as shown in a chart!
For the past several months, everyone interested in Precious Metals, PMs, has been deluged with never-ending fundamental information about the unprecedented demand for physical gold and silver. Much of the information was compelling, yet, if anyone tried to buy into [paper] futures, it was a financial disaster, despite such strong demand for the underlying physical. It was the lying manipulators of the COMEX and LMBA exchanges that made the differences.
Read full article... Read full article...
Saturday, August 17, 2013
Gold Daily and Silver Excelsior / Commodities / Gold and Silver 2013
Friday, another up day for the metals, with silver once again leading the charge.
There was an early morning 'dipsy-doodle' just to keep the day traders from banging their F12 buttons too steadily.
Read full article... Read full article...
Friday, August 16, 2013
It’s TimeTo Buy Gold Again / Commodities / Gold and Silver 2013
Gold has been in a significant bear market since reaching a record high at $1,910 an ounce in 2011. In its collapse gold bullion lost $705 an ounce or 37% of its value to the recent low at $1,195. The gold mining stocks, as measured by the XAU Index of Mining stocks, crumpled even more dramatically, plunging 63% over the same period.
Read full article... Read full article...
Friday, August 16, 2013
Gold GLD ETF Investors Exodus Reversal / Commodities / Gold and Silver Stocks 2013
The flagship GLD gold ETF has suffered a radically unprecedented mass exodus this year. The capital fleeing this single vehicle was the primary reason gold plunged so dramatically in 2013’s first half. But just this week, money started flowing back into GLD for the first time in months. This likely marks the dawn of the GLD exodus’s reversal, which is wildly bullish for gold. Falling stock markets will play a critical role.
The GLD gold ETF is now formally called SPDR Gold Shares. Rising from modest beginnings nearly 9 years ago, it has grown into a dominant force in the global gold markets. This is because GLD acts as a conduit for the vast pools of US stock-market capital to easily and quickly flow into and out of gold bullion. These capital flows can greatly affect overall gold demand over short periods of time, buffeting gold’s price.
Read full article... Read full article...
Friday, August 16, 2013
Warning Don’t Try to Time the Gold Market / Commodities / Gold and Silver Stocks 2013
Don't ask Louis James if the gold price has reached bottom. He doesn't care. The senior editor with Casey Research is too busy trying to ferret out those gold miners with a bird in the hand, as he calls it in this interview with The Gold Report. He travels the world, most recently visiting Ethiopia, looking for companies with an overlooked story, an undervalued mine, an underappreciated grade. While James knows no one can time the market, he is quite certain he has found some good values.
Read full article... Read full article...
Friday, August 16, 2013
When Silver Shortages Reach the Mainstream / Commodities / Gold and Silver 2013
Many observers have realized that the price of silver will rise dramatically at some point because the amount of paper silver is many times the amount of physical silver. When this fact is even partially acknowledged by the mainstream, silver will probably move much higher.
Read full article... Read full article...
Friday, August 16, 2013
Short Term Silver Prices and the Next Leg in Sentiment / Commodities / Gold and Silver 2013
In 1863, the Rothschild brothers of London wrote to associates in New York introducing their banking method into America that:
“The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.”
Read full article... Read full article...
Friday, August 16, 2013
Gold as a System Hedge / Commodities / Gold and Silver 2013
Last week we focused on the idea that gold is not an inflation hedge. Today, we will develop this notion even further. If we’re talking about gold as a hedge, it is rather a system-hedge than an inflation-hedge. Since 1973, when the dollar was allowed to float, gold has confirmed this view.
Read full article... Read full article...
Friday, August 16, 2013
Gold GLD ETF Breaks Out, TLT Breaks Down / Commodities / Gold and Silver 2013
GLD broke out this afternoon, creating a temporary “safe haven” for investors fleeing stocks. See the next chart.
Read full article... Read full article...
Thursday, August 15, 2013
Will China Confiscate its Citizen's Gold? / Commodities / Gold and Silver 2013
At one point we thought we were alone in believing that eventually we would see a confiscation of citizen's gold in one or more countries. Then we saw the confiscation of deposits in Cyprus in line with a "bail-in" policy. While this was a banking measure in line with the normal liquidation of a company, it was endorsed by most nations thereafter. The greatest impact was seen on investors worldwide who had never thought that such events would happen.
Read full article... Read full article...