Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, August 09, 2013

Gold Elliott Wave Forecast - Price Recovery Could Be Underway Back To 1348 / Commodities / Gold and Silver 2013

By: Gregor_Horvat

GOLD is in recovery mode for few weeks now and it seems that current price action could move even higher in the next few days if we consider a broken trend line of latest five wave decline which suggest that impulsive move from 1680 is complete. Usually when market is in reversal mode the price will retrace back to the territory of a former wave four. In our case that comes in at 1394-1400 level that could be tested in the next two weeks.

Friday, August 09, 2013

Silver Prices - It's All About the Concentration / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

Naked shorting of silver is not really the issue, as silver analyst, Ted Butler has been pointing out for decades, it is more about the extreme concentration of short silver positions and less about the big players being caught red-handed sending blatant signals of market price fixing collusion.

Also, forget about gold and silver being valued as commodities, since most people will agree that these metals both have a monetary demand associated with them.

Friday, August 09, 2013

Indian Gold to Silver Investment Demand / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

Perhaps it is not terribly surprising to learn that recent silver demand numbers from India have set records. While gold still seems to be the typical precious metal of choice in the United States, silver is clearly making waves abroad.

Indian silver imports are up a staggering 259% at 857 tonnes in the April-July time period. That amount is approximately one third of the global monthly production of silver.

Friday, August 09, 2013

Futures Markets Signal Gold Price Ready To Erupt / Commodities / Gold and Silver 2013

By: Peter_Schiff

With gold recouping some losses in its most recent trading sessions, many are asking whether or not the bottom has finally formed for the yellow metal. Most of these gains have been simply chalked up to short-covering and dovish remarks by Bernanke during the recent Federal Open Market Committee meetings; however, there are some key indicators for gold which are overshadowed by the media hubbub. Two of them in particular are important to understand, because they reveal a renewed investment demand for physical gold over paper gold or fiat currencies.

Friday, August 09, 2013

The Cheapest You Will See Gold and Silver and Miners In Your Lifetime? / Commodities / Gold and Silver 2013

By: Jeb_Handwerger

During silver (SLV) and gold's (GLD) terrific move in 2011, very few analysts warned that a correction could come to shakeout all the Johnny come lately's (momentum traders) who were pushing gold and silver to nosebleed levels. I got nervous as hell back in 2011, when the day traders and mass media started picking up the precious metals story and I warned of a correction.

Thursday, August 08, 2013

Three Forces That Will Send Gold Price Soaring / Commodities / Gold and Silver 2013

By: Investment_U

Gold bulls got kicked in the teeth on Monday when Don Kohn – who is on President Obama’s short list of candidates to replace Fed Chairman Ben Bernanke – sent around a note saying the Federal Reserve will begin “tapering” its QE program after the September meeting.

That news sent gold lower on the day, and could grease the skids for the yellow metal for another week or two.

Thursday, August 08, 2013

COMEX Deliverable (Registered) Gold Declines By Almost 60,000 Ounces / Commodities / Gold and Silver 2013

By: Jesse

Since last Friday the registered gold in the COMEX warehouse has declined by almost 60,000 ounces to a new recent low of 875,710 ounces.

Total gold including eligible gold stored by customers in COMEX warehouses but not offered for sale holds steady at around 7 million ounces.

Thursday, August 08, 2013

Gold Bugs Index (HUI): Buy, Hold or Sell? / Commodities / Gold and Silver Stocks 2013

By: Peter_Zihlmann

The NYSE Arca Gold BUGS (Basket of Unhedged Gold Stocks) Index (HUI) is a modified equal dollar weighted index of companies involved in gold mining.

The HUI Index was designed to provide significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1.5 years.

Thursday, August 08, 2013

The Most Important Gold Charts / Commodities / Gold and Silver 2013

By: Peter_Degraaf

The two most important charts you’re likely to see all day.

Thursday, August 08, 2013

Is the U.S. Shale Oil Boom Out of Balance? / Commodities / Crude Oil

By: Money_Morning

Dr. Kent Moors writes: It's boom time in Texas. From the Eagle Ford shale to the Permian Basin, it's practically raining money.

Now you would think that would be a positive for the local economies. But as this boom unfolds, it is not without its own share of problems.

Thursday, August 08, 2013

The Silver Noise is Deafening! / Commodities / Gold and Silver 2013

By: DeviantInvestor

"Beam me up, Scotty!"

"I can't Captain, the signal is weak and there is too much noise." (My apologies to you Trekkies....)

That conversation (which did not happen) describes the problem with the silver and gold markets now. There is so much noise, false information and lack of clarity - and not enough signal - real data and understanding.

Wednesday, August 07, 2013

When Gold Bullion Prices Will Rebound / Commodities / Gold and Silver 2013

By: InvestmentContrarian

Sasha Cekerevac writes: A common question that I receive from readers is in regard to gold bullion. Many people over the past few years have begun allocating a portion of their investment strategy into the yellow precious metal and are curious about what’s possible in the near future.

Wednesday, August 07, 2013

Why I Can’t Help But Be Bullish on Gold Bullion Prices / Commodities / Gold and Silver 2013

By: Profit_Confidential

Michael Lombardi writes: Gold bullion prices started their run-up way back in 2000, when the commodity was trading around $300.00 an ounce. From there, it took the precious metal 12 years to break above $1,900 an ounce—an unprecedented move. When an investment, such as gold bullion, rises 500%, a pullback in the “advance” is quite normal.

The fundamentals of the precious metal’s charge haven’t really changed. Demand for gold bullion is strong, while supply is actually dwindling as gold miners cut back on production, adjusting for lower gold bullion prices.

Wednesday, August 07, 2013

Is the Silver Bull Market Over? / Commodities / Gold and Silver 2013

By: Jason_Hamlin

Precious metals had a strong month in July. But while gold was up 5%, silver advanced only 1%. A more recent reading of the past 30 days through August 6th, shows gold up 4.9%, while silver is up only 3.3%. This is an atypical relationship between the two metals, as silver usually leads gold higher (or lower). As the more volatile metal, silver is often up at twice the pace of gold during any given move.

Tuesday, August 06, 2013

What's In The Fed's Gold Vaults? / Commodities / Gold and Silver 2013

By: John_Browne

Given that the demand for physical gold among private investors has remained strong throughout 2013, the significant price declines in recent months took many investors by surprise. Attempting to make sense out of this situation, speculation has arisen that the so-called 'bullion banks' (the mostly "Too Big to Fail" institutions that are known to work closely with the central banks) have lent out, or even sold, gold on a fractional basis, far in excess of what is supposedly held in their vaults. The result would have been to multiply greatly the amount of 'apparent' gold in the market and thereby depress prices. Such an action would provide needed cover for the embarrassment of currency depreciating central banks' policies.

Tuesday, August 06, 2013

What Doesn't Kill Gold Makes It Stronger / Commodities / Gold and Silver 2013

By: Peter_Schiff

I've been emphasizing for months that the current correction in the gold price is a result of speculative money fleeing the market and not any reflection of gold's long-term fundamentals. Unfortunately, there is so much money to be made (and lost) by day trading that my cautions have once again fallen on deaf ears.

Tuesday, August 06, 2013

Are Gold and Silver Really Protecting Value? / Commodities / Gold and Silver 2013

By: Julian_DW_Phillips

Performance - In the Dollar?

In the U.S. institutional investors, in 2013, have sold off over 1,000 tonnes of gold holdings from the SPDR gold ETF, the investment banks, from the Gold Trust and from COMEX because they have switched from gold to equities in the U.S.

Nowhere in the world have gold investors followed U.S. investors, but have either held onto their gold or rushed in to buy up the physical gold made available to them. And this was done when prices were falling.

Tuesday, August 06, 2013

What's Behind July's 9% Rise in Crude Oil Prices / Commodities / Crude Oil

By: Money_Morning

Tony Daltorio writes: U.S. crude oil prices finished the month of July on a very positive note. Front-month futures ended July at just above $105 a barrel.

That put those futures up about 9% for July, the largest one-month gain for crude oil in 11 months.

Tuesday, August 06, 2013

Gold Price Retreats As Dallas Fed Indicates QE Tapering By December / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,292.00, EUR 972.97 and GBP 840.38 per ounce.
Yesterday’s AM fix was USD 1,311.00, EUR 986.83 and GBP 852.91 per ounce.

Gold fell $6.30 or 0.48% yesterday and closed at $1,301.40/oz. Silver fell $0.14 or 0.71% and closed at $19.68.

Tuesday, August 06, 2013

Gold Stocks Correcting in Typical Post-Bottom Fashion / Commodities / Gold and Silver Stocks 2013

By: Jordan_Roy_Byrne

In our last editorial we presented the bulletproof evidence that the gold stocks had put in a major bottom. We included a historical chart that was supplemented by a major reversal at a Fibonacci strong target and on record weekly volume. At the end of that piece we noted that the sector could correct before it would accelerate to the upside. Looking at historical rallies from major bottoms we noticed that there tends to be a consolidation or correction around the 50-day moving average. The sector is two weeks into that correction. Don't worry bulls, this is exactly what happens following the initial rebound.