Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, May 27, 2013
World Central Banks Buying Gold / Commodities / Gold and Silver 2013
Today is a national holiday in the United Kingdom and the USA.
Friday’s AM fix was USD 1,385.25, EUR 1,068.95 and GBP 917.81 per ounce.
Gold climbed $5 on Friday and closed at $1,390.25/oz in London and silver closed at 22.482 in NY.
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Monday, May 27, 2013
The Truth About Central Bank Gold Buying / 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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Monday, May 27, 2013
The Geopolitics of Gold / Commodities / Gold and Silver 2013
Shanghai skyline Western central banks have got themselves horribly wrong-footed as a result of not adjusting their anti-gold policies to allow for the realities of Asian gold demand. Though their dealings are shrouded in secrecy, there is compelling evidence that much – if not most – of Western central bank gold has been quietly sold over the last three decades.
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Sunday, May 26, 2013
Is Crude Oil about to Breakout to Higher Levels? / Commodities / Crude Oil
Light Crude oil and the Energy Sector Select SPDR ETF (XLE) normally trade in similar trends. In early May, XLE broke above a significant resistance level of $80 and moved to a new high. However, Light Crude has failed to follow the energy ETF and remained pinned under the $98 resistance line.
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Sunday, May 26, 2013
Dramatic Increase in Comex Gold Shorts / Commodities / Gold and Silver 2013
"One of these days we will...find ourselves staring right into God's eyes.
And the first one who blinks is going to lose his testicles."
Peter O'Toole (Dr. Harry Wolper), Creator
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Sunday, May 26, 2013
Gold And Silver Markets Provide Us The Best Information / Commodities / Gold and Silver 2013
We cannot control the markets, but we can control how to respond to what they are saying. The paper market has been turned into a circus, thanks to JP Morgan, and abetted by the exchanges, COMEX and LME. Focus has to remain on the physical market, for it is where one can expect to find true value for price. What everyone has learned is that as price has declined, demand has disproportionately skyrocketed.
We have written extensively on the acquisition of physical gold and silver, regardless of price, because no one can know when the central bankers will lose control and price will erupt like Eyjafjallajökull. The world is in the middle of a huge central bank bubble, of which there are many sub-bubbles, as it were. [Anyone who pretends to believe whatever information is being disseminated by NWO-owned mainstream media, none of which makes any economic sense, and those who do not fully believe, (or at all), what is being said but do not know where else to turn, stay away from all central banks and central planners news or information.]
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Saturday, May 25, 2013
Why a Uranium Renaissance Looks Inevitable / Commodities / Uranium
Casey Research's Chief Energy Investment Strategist, Marin Katusa, whose portfolio profited nicely the last time the uranium bull broke loose a decade ago, recently interviewed a group of world-renowned energy experts to discuss the prospects for the sector that some considered doomed by the Fukushima disaster. Anti-nuclear power sentiment has by no means evaporated, but Katusa sees clear signals that the bulls are ready to run, not least of which is the recent attack on the Somair uranium mine in Niger.
Why? First, the 20-year Highly Enriched Uranium (HEU) Program agreement between the U.S. and Russia, aka "Megatons to Megawatts," expires this year.
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Saturday, May 25, 2013
The Enduring Value of Gold and Silver / Commodities / Gold and Silver 2013
Do you follow your own advice? Ivan Lo, editor and founder of Equedia.com and The Equedia Weekly Letter, does. Lo doesn't just follow companies in the gold and silver space, he actually paused this interview with The Gold Report to receive a shipment of silver bars. Following the notion that "knowledge is power," Lo also explains the philosophies that guide his publications, the reasons why educated investors have nothing to fear and why some companies remain good bets in the out-of-favor mining sector.
The Gold Report: Some recent headlines from The Equedia Weekly Letter include "A Scary Prediction," "Prepare for a Crisis," "A Nuclear Threat" and "A Shockwave Is Coming." Should investors be fearful, or does fear help sell your newsletter?
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Saturday, May 25, 2013
Russia: The Sleeping Giant of Gold Producing Countries / Commodities / Gold and Silver 2013
“The more gold a country has, the more sovereignty it will have if there’s a cataclysm with the dollar, the euro, the pound or any other reserve currency.” — Evgeny Fedorov, Russian lawmaker, United Russia Party
As it stands today, the top seven global gold producers, according to the U.S. Geological Survey, are:
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Saturday, May 25, 2013
Gold Warnings for Precious Metals 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!
Read full article... Read full article...
Saturday, May 25, 2013
Riding A Copper Commodity Horse / Commodities / Copper
My last article, 'Give It A Doubt' was about population growth, urbanization in developing countries and the one billion people predicted to join the consuming classes by 2025.
"One billion people will enter the global consuming class by 2025. They will have incomes high enough to classify them as significant consumers of goods and services..." McKinsey Global Institute, Urban world: Cities and the rise of the consuming class
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Saturday, May 25, 2013
Silver SLV ETF Bullish Divergence / Commodities / Gold and Silver 2013
Silver has suffered horrendously in 2013’s opening months, plunging dramatically to miserable lows. This exceptional weakness has naturally kindled extreme bearishness. Predictions abound for silver to continue selling off indefinitely. But amidst this severe carnage, the silver bullion held by the flagship silver ETF has remained flat. This is an extraordinary bullish divergence in the face of rotten sentiment.
Silver is almost certainly the most volatile of the world’s more-popular markets. When silver starts moving, it often moves fast. Fortunes are won and lost in a matter of months, a very exciting or terrifying prospect depending on which side of the trade you are on. The key to silver’s price action has always been gold. Silver follows gold, usually dramatically leveraging the yellow metal’s fortunes. Silver is a gold play.
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Friday, May 24, 2013
Timing the Silver Price Final Bottom / Commodities / Gold and Silver 2013
We would like to start with a question from one of our subscribers today, as we believe that it is a good way to show the distinction between tools that help you spot what direction the market is about to move and those that are better suited to time the exact reversal point, which is – in current circumstances – the final bottom in gold, silver and the whole precious metals sector.
Q: (…) One thing that I do is to look for price divergence with RSI and MACD and that is evident in the charts. Price has hit a lower low and RSI and MACD have hit a higher high/low. To me that indicates a possible good time to buy GDX, GDXJ and mining stocks. This is a volatile time so it would be difficult to hold through this period. (…) Also $BPGDM is at zero and can't go any lower. (…)
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Friday, May 24, 2013
Gold Price Trying to Build Base / Commodities / Gold and Silver 2013
The GOLD PRICE fell $10 per ounce after reaching almost $1400 for the 5th time this week in London trade Friday morning.
Silver held tight around $22.50 per ounce, managing only one-third of gold's 2.0% gain for the week.
After yesterday's 7% plunge Japan's stock market bounced, but other Asian equities fell, as did European stocks.
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Friday, May 24, 2013
Silver Mining, Sentiment and the Confidence Game / Commodities / Gold and Silver 2013
In terms of silver’s investment demand, the bullish metric at Sentimenttrader.com is currently at 39 percent. This is a low point that has not been seen since the mid-1990's.
Furthermore, The Hulbert Gold Stock Newsletter Index or HGNSI recently fell to a new low of 43.8 percent, which is a record by a longshot. What that low reading indicates is that, of the stock newsletters that include coverage of mining stocks, 43.8 percent of them are now recommending short positions in gold stocks.
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Friday, May 24, 2013
Platinum and Palladium: A Fundamental Shift / Commodities / Platinum
Platinum is a precious metal, as is palladium, though to a lesser degree. However, like silver, both are also industrial metals. Unlike silver, it's their industrial use that is the primary price driver for both platinum and palladium – and that use is undergoing a fundamental shift.
The largest source of demand for platinum and palladium is the automotive industry, for use in autocatalysts. In turn, the fortunes of the auto industry are sensitive to the health of the world's major economies. We've been bearish on platinum-group metals for years, primarily because we weren't convinced a healthy – much less roaring – world economy could be sustained when so many governments continue spending beyond their means.
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Friday, May 24, 2013
Robert Prechter's Big 5 Gold Warnings for 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!
Read full article... Read full article...
Thursday, May 23, 2013
Gold Bugs Army - Dollar Indices Pricing Research Rubbish? / Commodities / Gold and Silver 2013
Investors rely on indices to help understand how a market is moving, and perhaps even how it might move in the future. Technical analysis of a market, for example, is only possible due to market indices. How else would we assess what might be happening in a market? If an index is not properly constructed, that whole effort may prove fruitless.
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Thursday, May 23, 2013
Gold Bullion Rallies Despite "Losing US Fed Prop" as Stock Markets Sink / Commodities / Gold and Silver 2013
BOTH gold and silver rose in Asian and London trade Thursday morning, defying a sharp slide in global stock markets to gain 3.0% rally from yesterday's sharp sell-off.
Commodity prices fell as major government bonds rose but weaker Eurozone debt slipped, pushing interest rates higher.
Tokyo's Nikkei index – up by 85% from November – dumped more than 7% after new data showed a surprise contraction in China's manufacturing sector.
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Thursday, May 23, 2013
Gold Rallies as Stock Markets Crash, Nikkei Falls 7.3% / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,386.00, EUR 1,074.92 and GBP 919.16 per ounce.
Yesterday’s AM fix was USD 1,385.25, EUR 1,071.43 and GBP 917.75 per ounce.
Gold fell $10.20 or 0.74% yesterday to $1,367.60/oz and silver finished up 0.07%.
Gold is up today while stock indices globally are sharply down after the Nikkei crashed 7.3%. The stock crash in Japan is leading to weakness in European equities and will lead to losses when U.S. markets open.
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