Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, May 31, 2013
The Silent Killer of Every Bull and Bear Market / Commodities / Gold and Silver 2013
Stocks have reached record levels thanks in large part to a coordinated central bank stimulus. The current financial market-led recovery is unlike previous recoveries in that the economy, unlike the stock market, has been painfully slow to respond to the stimulus. Gold also hasn’t benefited this time around, which is partly attributable to the fact that it’s still deflating some of the excess from its speculative bubble of previous years.
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Friday, May 31, 2013
Civil Nuclear Power Energy Renaissance Restart / Commodities / Nuclear Power
The nuclear renaissance, and a bull market you should be aware of, has been restarted.
State of nuclear power in the USA
The USA has 104 nuclear power reactors in 31 states. Since 2001 these plants have achieved an average capacity factor of over 90 percent, generating up to 807 billion kWh per year and account for 20 percent of total electricity generated.
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Friday, May 31, 2013
Gold Slips from 2-Week High as Japan Fails to Shake Deflation / Commodities / Gold and Silver 2013
The PRICE of gold slipped from a new 2-week high in London trade Friday morning, nearing the weekend 2.9% above last week's finish, but losing more than 4.6% from the start of May.
Silver also edged lower, cutting its weekly gain to 0.3% and standing 7.6% lower for the month.
European stock markets meantime extended this week's drop, but held onto better than 5% gains for May.
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Friday, May 31, 2013
Silver Short Squeeze Scenario / Commodities / Gold and Silver 2013
Short squeezes often create unstable markets, although a short covering rally based on sudden and consensus buying can also create a major boost to liquidity. This can have the effect of lighting the match that will ultimately detonate the bomb for markets already accustomed to substantial amounts of real or artificial liquidity.
From a technical standpoint, silver is currently consolidating in a tight trading range as the market recovers from an oversold situation. The 14-day RSI currently reads at the 39 level as it hovers above the critical 30 point that it dipped below in April, which could significantly impede additional downside price action.
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Friday, May 31, 2013
Silver and Gold - The Imploding Bubble / Commodities / Gold and Silver 2013
Recent trading in silver and gold has shown the inverse of patterns consistent with a speculative frenzy.
Instead of retail investors buying into a rising market, steady and massive accumulation has been noted on dips.
This was happening long before the April crash in precious metal prices. This is the strongest form of accumulation, because it is mostly free from emotion.
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Friday, May 31, 2013
George Soros Bullish on Gold Prices? / Commodities / Gold and Silver 2013
Tony Daltorio writes: As pointed out in a recent article by Money Morning Global Resource Specialist Peter Krauth, there is something interesting happening with gold prices.
Paper gold, controlled by Wall Street, is going down. But demand for physical gold all over the globe is going up every time that gold prices are down.
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Friday, May 31, 2013
Is Gold Mining Sector About to Explode Higher? / Commodities / Gold and Silver Stocks 2013
Is it time to buy Gold miners?
The precious metals mining sector was slammed with Gold’s sharp drop in prices in April. Mining companies are more “pie in the sky” than owning actual bullion, so mining shares typically move much more sharply than Gold does (see the figure below charting the price performance of Gold against the Gold mining ETF).
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Friday, May 31, 2013
Reasons to Buy Gold and Select Gold Stocks / Commodities / Gold and Silver 2013
Interviewed by Jeff Clark, Casey Research
Jeff Clark: First, Rick, what's your basic explanation as to why gold crashed a few weeks ago?
Rick Rule: I think there are two parts to the answer, maybe three. First, the gold market was technically weak. The second thing is that there were a lot of institutional players long gold on leverage, using capital that was borrowed rather than their own, so when the price crashed they had to unwind very rapidly.
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Thursday, May 30, 2013
Gold Price - A Substandard Golden Rule / Commodities / Gold and Silver 2013
The gold “price rule” denotes the monetary reform proposal put forth in various forms by a number of supply-siders, including Arthur Laffer,[1] Robert Mundell,[2] and Jude Wanniski.[3] Laffer’s detailed formulation of the proposal also served as the basis of the Gold Reserve bill, introduced in the Senate by Jesse Helms in January 1981.[4]
The scheme has reared its head once again in H.R. 1576, the “Dollar Bill Act of 2013,” introduced by Congressman Ted Poe, and strongly supported by Steve Forbes.
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Thursday, May 30, 2013
Hidden Water Costs Set to Boost Energy Prices / Commodities / Energy Resources
Dr. Kent Moors writes: This may sound funny, but water availability is becoming an issue in energy generation. And it may start to impact prices.
The issue here is not the environmental impact of water usage. That is quite a different debate.
What I'm talking about today is the water supply/demand issue.
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Thursday, May 30, 2013
Robert Prechter's Gold Warning for Both Bulls and Bears / Commodities / Gold and Silver 2013
Dear Trader,
Volatile price action is a surprise to most investors most of the time.
That's definitely true of precious metals in the past 30 days. But, the real story is far bigger than just one month. In fact, gold and silver have seen declines of more than 30% and 50%, respectively, since 2011. Now that's news!
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Thursday, May 30, 2013
Marc Faber - US Government Can Artificially Depress Gold Prices and Consficate it / Commodities / Gold and Silver 2013
Dr. Marc Faber, the Swiss fund manager and publisher of the 'Gloom, Boom and Doom Report' always enjoys shocking the financial pundits with the real truth. In this video, the interviewer proclaims that the US is a safe country and asks why he won't store his gold here. Faber proceeds to give him a little history lesson:
"A safe country? I’m not so sure about that under the present government. But in 1933, gold was taken away from Americans. The government paid them $25 and after, they revalued the gold to $35. So, basically what the government can do once again, and that is a possibility. They could artificially depress, manipulate the price down and then say ‘Gold is illegal to be held. We have to collect all the gold from the citizens.’ Say if they manipulated the price down to $1,000. They could collect it at $1,000 and then revalue to $10,000."
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Thursday, May 30, 2013
Gold Long Wait is Almost Over / Commodities / Gold and Silver 2013
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.” …Alexis de Tocqueville.
The price of gold reached an all-time high of $1925 on September 6th 2011. Since then the price dropped to a low point of $1321 on April 16th 2013. A correction of 45% during a bull market is not unusual; as painful as it is for gold bulls. In the process gold has reached a support line that has held up since the current bull market began. Time is almost up! In the words of W. D. Gann: “When time is up, price will reverse.”
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Thursday, May 30, 2013
Twitter Sentiment for Gold Shares Showing Strength / Commodities / Gold and Silver Stocks 2013
Blair Jensen writes: We’re finally starting to see some hopeful signs for gold (GLD) and gold stocks (GDX). In our last update we mentioned that the chasing of precious metals by traders had stopped and that we’d finally got some capitulation in sentiment (calculated from the Twitter stream). This was the first thing we were looking for in order to create an environment where gold could create a durable low.
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Thursday, May 30, 2013
Has the Gold Bull Market Hit a Snag? / Commodities / Gold and Silver 2013
Interest rates will be low for a long time, predicts Commodity Capital Global Mining Fund Manager Tobias Tretter. Despite predictions of a gold bubble bursting, Tretter says in this interview with The Gold Report that the gold bull run will continue. In fact, Tretter still sees tremendous opportunity in a number of junior gold companies that have been largely ignored by the market.
The Gold Report: What do you think will happen to interest rates and how will that affect gold?
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Wednesday, May 29, 2013
Singapore and Indian Gold Brokers Sold Out / Commodities / Gold and Silver 2013
70 or 0.98% yesterday to $1,381.00/oz and silver finished down 1.59%.
Gold edged higher today supported by strong physical demand internationally and especially in Asia.
Demand in the physical market continued to hold prices near $1,400/oz as the recent drops in the spot market encourage buyers internationally to accumulate bullion.
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Wednesday, May 29, 2013
Understanding Gold Market Dynamics / Commodities / Gold and Silver 2013
To an extent that reveals a thorough misunderstanding of the market forces, the financial media has failed to consider the different motivations and beliefs that drive the different types of investors who are active in the gold market. By treating the gold market as if it were comprised of just one type of investor, analysts have drawn false conclusions about the recent volatility.
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Wednesday, May 29, 2013
Vicious Gold Moves Insignificant for Long-Run / Commodities / Gold and Silver 2013
WHOLESALE PRICES for physical gold rose Wednesday morning in London, hitting almost $1395 per ounce to gain 0.5% for the week so far.
Silver lagged gold, trading in line with last week's finish at $22.42 per ounce, while world stock markets fell together with commodities and major government bond prices.
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Wednesday, May 29, 2013
The Love Trade for Gold is Still On! / Commodities / Gold and Silver 2013
Investors should have gained confidence from Ben Bernanke’s recent testimony to Congress that the Federal Reserve intends on being accommodative as long as needed. He had a laundry list of job market conditions that needed improving and reiterated that inflation remains low. It’s his belief that “a premature tightening of monetary policy could lead interest rates to rise temporarily but would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further.”
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Wednesday, May 29, 2013
What's Really Happening with China's Silver Demand? / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: China's demand for silver fell hard in April. But is that all there is...?
ANALYSTS at Barclays Bank recently noted that silver imports were down 28% in the month of April year on year.
But in an article reporting that news, the author makes it sound like demand was also off significantly for unwrought silver, for silver powder, and for jewelry manufacturing as well. Only if you take a myopic view would such assumptions be correct. However, just because trade between China and the rest of the world is down does not mean that silver demand is down. What it does reveal is a decrease for external demand of silver from the Chinese market.
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