Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, July 05, 2013
U.S. Dollar Jumps on Non Farm Payrolls, Sending Gold and Silver to Lowest Weekly Close in 3 Years / Commodities / Gold and Silver 2013
By: Adrian_Ash
The DOLLAR PRICE of gold dropped $20 per ounce lunchtime Friday in London, briefly dropping through $1220 per ounce after the release of June's US non-farm payrolls data.
Non-farm payrolls growth came in at 195,000 against consensus forecasts of 165,000.
The US jobless rate stayed at 7.6% however, rather than slipping as forecast. But average hourly earnings rose 2.2% annually against the 2.0% analysts predicted.
Friday, July 05, 2013
Has Gold's 'Bubble' Burst Or Is This A Golden Opportunity? / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,232.75, EUR 957.40 and GBP 822.55 per ounce.
Yesterday’s AM fix was USD 1,249.50, EUR 961.15 and GBP 819.67 per ounce.
Gold is lower today in all currencies. It is now flat on the week in dollar terms but has eked out gains in pound and euro terms after the BOE and ECB elected to keep interest rates at 0.5%. Unprecedentedly low interest rates continue in the western world which is gold supportive.
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Friday, July 05, 2013
Dollar Gold Correlation - All The Wrong Reasons! / Commodities / Gold and Silver 2013
By: Darah_Bazargan
While most 4th rate analysts unwittingly misdirect you into watching for a big dollar collapse and cling on to its alleged correlation to gold, all you have to do is look back a year and see their relationship is worthless. The gold trade has been an obvious disappointment and its most recent breakdown through 1320 has brought about a ‘think tank’ infested with analysts fetching for all sorts of reasons that seem rational for calling a bottom. None of which are true--and of course these same analysts that tell you to keep an ‘open mind’ are the ones mentally blocked from knowing the characteristics of a downtrend. And they’ve been sending you emails and newsletters for months saying this “JUST MAY BE the TIME” we have reached the final low! Read full article... Read full article...
Friday, July 05, 2013
Investing in Gold Bullion Is All About Timing—Here’s How to Do It Right / Commodities / Gold and Silver 2013
By: InvestmentContrarian
Sasha Cekerevac writes: People always ask me about gold bullion. They want to know if it’s the right time to get back into gold bullion as an investment. While many other advisors are advocating a wholesale abandonment of gold bullion, I believe the time to buy is close.
Finding the proper entry point in the market is never easy, but there are several factors that combine to indicate an ideal investment opportunity. The first step to recognizing when the investment opportunity arises is to understand some gold bullion fundamentals.
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Friday, July 05, 2013
When Silver Becomes Real Medicine / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
Silver has been used to heal infections for thousands of years. It is currently commonly used in alternative medicine in its colloidal form suspended in water as a broad spectrum treatment for infections with bacteria, viruses and fungi in both humans and animals.
A recently published scientific study led by James Collins of Boston University has confirmed this usage by showing how silver ions disrupt and ultimately kill bacteria by increasing the permeability of their cellular membranes.
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Friday, July 05, 2013
Silver HFT Program / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
High Frequency Trading or HFT is a form of rapid algorithmic trading performed by computers and executed directly into financial markets, typically without human intervention.
Recent estimates have indicated that upwards of 70 percent of futures and equities trading volume is now being executed by algorithmic trading programs that are often run by large fund managers and financial institutions.
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Friday, July 05, 2013
Central Banks Push Gold Price Higher, But Investor Sentiment Remains Negative / Commodities / Gold and Silver 2013
By: Adrian_Ash
GOLD PRICES held steady in Dollars on Thursday in London, trading around $1250 per ounce as US markets were closed for Independence Day.European stock markets rose sharply however, and the gold price for both UK and Euro investors rose over 1.0%, as the European Central Bank and Bank of England kept their interest rates at record-low levels.
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Friday, July 05, 2013
7 Reasons to be Bullish on Gold / Commodities / Gold and Silver 2013
By: Money_Morning
Gary Gately writes: Gold We Trust 2013," set a 12-month target for gold prices at $1,480 and a long-range target at $2,230.
"Even though the consensus is convinced that the gold bull market has ended, we remain firmly of the opinion that the fundamental argument in favor of gold remains intact," the 53-page report stated.
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Thursday, July 04, 2013
Continuing Rising Inflation, Negative Real Interest Rates Continue Bolsters Gold / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,249.50, EUR 961.15 and GBP 819.67 per ounce.
Yesterday’s AM fix was USD 1,246.00, EUR 962.16 and GBP 818.28 per ounce.
Gold rose $10.70 or 0.86% yesterday and closed at $1,252.90/oz. Silver surged to $19.905 and finished up 2.38% at $19.80/oz.
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Thursday, July 04, 2013
How Gold Lost Its Luster / Commodities / Gold and Silver 2013
By: John_Mauldin
We have not revisited the topic of gold in Outside the Box recently, mostly due to the fact that nearly everything I read on the subject is derivative of what I have been reading for years. There hasn't been much that would cause me to think about gold in a different way, and that is the purpose of Outside the Box: to present new perspectives and make us think.
I have recently started to read the work of Ben Hunt at Epsilon Theory. His ideas are interesting in that he examines markets from a behavioral economics perspective, with ample doses of game theory and history, a combination that few people can bring to the table. (In a random but pleasant development, I will get to have lunch with him next week in Dallas when he visits my town. I look forward to it.)
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Wednesday, July 03, 2013
Silver Market Buy Signal - Again! / Commodities / Gold and Silver 2013
By: DeviantInvestor
For the umpteenth time (actually the 3rd since June 2012), silver has given a buy signal according to my reading of the technical indicators.
Problem: How valuable is technical analysis (moving averages, oscillators, over-sold conditions, etc.) when the silver and gold markets are dominated by computers (High Frequency Trading - HFT) and not human beings?
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Wednesday, July 03, 2013
Dow and Gold Silver Ratio Signals Coming Silver Price Rally / Commodities / Gold and Silver 2013
By: Hubert_Moolman
The Dow, in particular, has been the biggest obstacle to a rise in precious metals, due to it sucking up most of the available value on global markets. However, it appears that this obstacle is now out of the way, with the Dow likely having peaked.
Wednesday, July 03, 2013
Gold Drop Done Enough, Traders Are Too Short / Commodities / Gold and Silver 2013
By: Adrian_Ash
GOLD ROSE more than 1.4% from an overnight low at $1242 per ounce in London on Wednesday morning as world stock markets sank and the US Dollar rose.
Commodity prices ticked higher with major government bonds. Silver rallied 2.8% to rise again above last week's finish at $19.69 before dropping with gold.
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Wednesday, July 03, 2013
Gold Inches Higher on Return of Eurozone Debt Crisis as Portuguese Bonds & Stocks Crash / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,246.00, EUR 962.16 and GBP 818.28 per ounce.
Yesterday’s AM fix was USD 1,260.75, EUR 967.95 and GBP 829.93 per ounce.
Gold fell $10.50 or 0.84% yesterday and closed at $1,242.20/oz. Silver slid to a low of $19.238 and finished down 1.33% at $19.34/oz.
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Wednesday, July 03, 2013
Silver and Photovoltaic Solar Panels Demand / Commodities / Gold and Silver 2013
By: Adrian_Ash
Miguel Perez-Santalla writes: How solar cells affected the silver price – and how it didn't...
The PHOTOVOLTAIC industry didn't start to show on charts of silver demand until the year 2000, when it consumed approximately one million ounces.
Those 31 tonnes were barely a blip on the silver consumption chart. In fact, in comparison to the smallest of the large consumers at the time – which was electronics – it was not even a tenth of their consumption.
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Tuesday, July 02, 2013
Gold Analysts Turn Bullish as Price Regains 40% of June Slump / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of GOLD rose in Asia and jumped at the start of London trade Tuesday, hitting $1267 per ounce to recover 40% of last month's crash before easing back.
Prices for silver bullion also rose, but lagged gold's rate of gain, before slipping back below last week's finish at $19.69 per ounce.
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Tuesday, July 02, 2013
The London Gold Market: What’s Behind the Smoke and Mirrors? / Commodities / Gold and Silver 2013
By: Jan_Skoyles
In our last two major research pieces we have been looking at the working parts of the gold market and where the heart of it lies. We’re trying to help investors understand where gold prices are really set.
Today we take a look at the London gold market, an older and arguably larger market than COMEX.
A couple of weeks ago we explained how we had ‘found that the COMEX was still the beating heart of the gold market.’ Since this research piece, Bron Sucheki, whose work featured in our last piece, suggested this may not necessarily be the whole story. Mr Sucheki pointed out the size of the London ‘opaque’ OTC forward market and research that shows price discovery fluctuates between both COMEX and London.
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Tuesday, July 02, 2013
Why You Still Shouldn’t Listen to Gold Bugs / Commodities / Gold and Silver 2013
By: Investment_U
Alexander Green writes: Many gold bugs are pounding the table for investors to buy gold – now that it’s dropped to roughly $1,200 – and sell stocks.
Don’t listen to them. Not because gold won’t rally from here or stocks won’t sell off – or both. But because – unbeknownst to many of their listeners – this is what they always say. Gold bugs don’t offer an investment analysis. They offer a world view that changes over the decades about as much as the constellation Orion.
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Tuesday, July 02, 2013
A Rare Anomaly in the Gold Stocks Market / Commodities / Gold and Silver Stocks 2013
By: Jeff_Clark
Gold stock investors have been pummeled, including myself. Worse, we've had to hear "I told you so" from all the gold haters in the media.
There are a few commentators expressing mild interest in gold at these levels, but one thing I haven't heard any of them talk about is a metric that gold analysts are rarely able to use, because gold stocks just don't get this undervalued.
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Tuesday, July 02, 2013
Bernanke's Conundrum What it Might Mean for Gold / Commodities / Gold and Silver 2013
By: Michael_J_Kosares
“Central banks sold a record amount of US Treasury debt last week and bond funds suffered the biggest investor withdrawals on record as global markets shuddered at the prospect of the US Federal Reserve ending its quantitiative easing program.”