Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, April 10, 2013
My Two Favorite Gold Mining Stocks / Commodities / Gold and Silver Stocks 2013
By: Money_Morning
Martin Hutchinson writes: With the world's central bankers printing money like mad, you would think investing in gold mining stocks would be a no-brainer.
Yet despite these misguided policies, the Market Vectors Gold Mines Index (NYSE: GDX) is down 40% from its peak last September. Even worse, it's off 48% from its all-time highs in 2011.
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Wednesday, April 10, 2013
Gold Record High in Yen - Rush to Sell Jewelery, Buy Coins and Bars / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,581.50, EUR 1,207.16 and GBP 1,032.24 per ounce.
Yesterday’s AM fix was USD 1,572.50, EUR 1,205.26 and GBP 1,026.50 per ounce.
Gold climbed $12.20 or 0.78% yesterday to $1,584.70/oz and silver surged to a high of $28.06 and finished +2.68%.
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Wednesday, April 10, 2013
Fed Exit? What Exit? Gold & Dollar Implications / Commodities / Gold and Silver 2013
By: Axel_Merk
Is it time for the Federal Reserve (Fed) to stop printing money? Today, we focus on what might be going through Fed Chair Bernanke’s mind and the possible implications for the U.S. dollar and investors.
This week, the casual observer could come to the conclusion that the Fed wants to phase out printing additional money. The Federal Open Market Committee (FOMC) Minutes to be released this Wednesday might strike a comparatively optimistic tone. The only caveat being that the FOMC meeting statement included the language: “The Committee continues to see downside risks to the economic outlook”1 which may be elaborated on in the Minutes.
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Wednesday, April 10, 2013
US Dollar Retreat Could Ignite Gold and Silver Market / Commodities / Gold and Silver 2013
By: Bob_Kirtley
The recent rally in the US$ was more a product of the fall in other currencies than a strengthening of the dollar. In particular we have seen the British Pound fall dramatically in the first two months of this year and this was followed by the Japanese Yen which tumbled recently on the inflationary actions introduced by the Bank of Japan.
Wednesday, April 10, 2013
Does Your Retirement Plan Have Staying Power? / Commodities / Energy Resources
By: The_Energy_Report
What is the best way to juice up your portfolio for a rich retirement? Natural gas and uranium are here to stay, says Stansberry Research's resident medical doctor and retirement investment guru, David Eifrig. In this The Energy Report interview, Eifrig shares tips to maintain your financial health—but get plenty of rest and exercise so you can enjoy those golden years.
The Energy Report: David, you've had successful careers on Wall Street and in the medical profession. Why are you now focused on helping people to prepare for retirement?
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Tuesday, April 09, 2013
Iron Lady Irony in Gold / Commodities / Gold and Silver 2013
By: Adrian_Ash
Margaret Thatcher was a friend of gold, not of diehard gold investors...
DIVISIVE doesn't cover the half of it.
Quoting Francis of Assisi on bringing "harmony where there is discord" as she first entered No.10, Margaret Thatcher had already split the playground at my primary school. We knew little then beyond the football-club squabbling of red versus blue. But her political sons have since mixed it into a deep purple mess. Imperial under Tony Blair's high-spending Labour, it's now deeply patrician and scarcely meritocratic under David Cameron and his Con-Dem coalition.
Tuesday, April 09, 2013
Silver Premiums, Demand & Shortages / Commodities / Gold and Silver 2013
By: Jeff_Berwick
Back in 2008, silver fell from over $20 per ounce down to below $10. This was a stomach-turning experience for those who had begun investing heavily in the metal.
I heard reports of bullion dealers in the US who simply were not selling Monster Boxes of Silver Eagles. Physical metal was hard to find in spite of the price collapse.
That nadir didn't last for long as silver obviously rebounded magnificently, teasing its old psychological record of $50 an ounce. Realistically, it took some time for silver to crescendo amid increased demand arisen from The End Of The Monetary System As We Know It (TEOTMSAWKI).
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Tuesday, April 09, 2013
What Drives the Gold Price? / Commodities / Gold and Silver 2013
By: Michael_Pento
There is still an incredible amount of misunderstanding on Wall Street about the relationship between the price of gold and the true value of the U.S. dollar. Most pundits simply claim that a rising dollar, as measured by the Dollar Index (DXY), causes gold prices to fall...and that is the end of their analysis.
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Tuesday, April 09, 2013
Strong Gold Demand in Asia "Should Offset" ETF Selling / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of GOLD and silver was little changed Tuesday morning near last week's finish, while European stock markets rose but Japan's Nikkei stalled its 5-day surge as the Yen bounced higher from 4-year lows on the currency market.
Silver prices ticked higher to $27.40 per ounce, while gold regained $1574.
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Tuesday, April 09, 2013
The Day the U.S. Government Seized Americans' Gold / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,572.50, EUR 1,205.26 and GBP 1,026.50 per ounce.
Yesterday’s AM fix was USD 1,577.25, EUR 1,212.80 and GBP 1,029.60 per ounce.
Gold fell $6.50 or 0.41% yesterday to $1,572.50/oz and silver slid to $27.12 and finished down 0.22%.
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Monday, April 08, 2013
Gold Bulls : Do or Die ! / Commodities / Gold and Silver 2013
By: Rambus_Chartology
I was going to write about the Risk on Risk off trade this weekend but with the big move up in gold on Friday I thought we should look at gold instead. As you know, gold along with silver, broke down from their respective triangles this week which we have been keeping a close eye on. The 60 minute chart below shows the price action for the last six months or so for GLD. You can see the downtrend has been picture perfect so far with lower highs and lower lows all the way down. The price action broke below the bottom rail of the blue triangle early this week and had a strong rally, that so far, has taken the price back up to the underside of the bottom rail as the backtest. This is normal behavior. What I’ll be watching very close is how the GLD interacts with the bottom blue rail of the triangle. If the price action starts trading up and into the blue triangle that will mean we have a bigger consolidation pattern forming which will still be a consolidation pattern just a bit bigger at this time.
Monday, April 08, 2013
Soros Says Gold's Safe-Haven Status Is "Destroyed" / Commodities / Gold and Silver 2013
By: Adrian_Ash
The GOLD PRICE ticked lower against the US Dollar early Monday, but held onto the bulk of Friday's sharp rally at $1577 per ounce as world stock markets rose alongside commodities.
Silver bullion traded at $27.30 per ounce, some 2.5% above last week's 9-month low, while both Sterling and the Euro extended their gains versus the US currency, pushing the gold price below £1030 and €1215 per ounce respectively.
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Monday, April 08, 2013
Soros: “I Don’t Expect Gold To Go Down” / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,577.25, EUR 1,212.80 and GBP 1,029.60 per ounce.
Friday’s AM fix was USD 1,552.75, EUR 1,207.42 and GBP 1,019.60 per ounce.
Gold climbed $25.90 or 1.67% to $1,579.10/oz and silver rose 42 cents or 1.6% to $27.29/oz on the COMEX on Friday. Gold and silver were down 1.07% and 3.77% for the week.
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Monday, April 08, 2013
Time to Buy Gold and Silver? / Commodities / Gold and Silver 2013
By: Nadeem_Walayat
If one had gone along with the view of many gold bugs towards the end of 2013 then by now expectations would be for Gold to be trading well above $1,800, instead Gold has been trading at new lows for the year and Silver making multi-year lows with some commentators even suggesting that the Gold / Silver bull market may even be over.
Monday, April 08, 2013
Gold Price Suppression Game Goes On / Commodities / Gold and Silver 2013
By: Alasdair_Macleod
The slide in precious metal prices has done much to undermine investor confidence, yet the indications are that demand for the physical metals remains strong. This leads many observers to comment that paper gold and silver and not bullion are driving prices. The current sell off is a combination of long paper positions capitulating, new short positions being opened by trend-chasers, and importantly, bullion banks squaring their books.Read full article... Read full article...
Monday, April 08, 2013
Gold Down at The Depths / Commodities / Gold and Silver 2013
By: Darah_Bazargan
The price of gold is forming into a sideways base that after several weeks, has experienced minimal downside. This is an encouraging sign because it's a testament to the metal's underlying strength. It also provides technical evidence that price has the ability to hold, and that there is indeed, "life on the floor."
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Sunday, April 07, 2013
Gold - Are We There Yet? / Commodities / Gold and Silver 2013
By: Adam_Brochert
It has been a 1.5-2 year sideways affair for the precious metals (PM), depending on whether you look at silver (peak in April of 2011) or Gold (peak in August of 2011). PM stocks, on the other hand, have done quite a bit worse than go sideways. While the more conservative Gold has only fallen a maximum of 20% from its August of 2011 highs, the more volatile silver and senior PM stock indices (e.g., XAU, HUI, GDX) have both fallen close to 50%. The junior PM stock sector has been decimated, with the GLDX ETF, as a representation of the very small cap/explorer sector having fallen almost 75% over the past 2 years.
Saturday, April 06, 2013
Gold And Silver - Comex Prices Manipulated? Still 'Accurate' / Commodities / Gold and Silver 2013
By: Michael_Noonan
Charts do not lie. There are a slew of highly respected PMs "gurus" with extensive followings. None we know of have been on target in the past year. Not only are the trends still down, prices made new recent lows, again, within the trading range, but nowhere near the "prices will reach levels you cannot believe" area. [Insert your own expectation/belief]
We have been advocating the purchase of physical gold and silver, consistently and at any price. The point is not to "make money," but to preserve and/or create wealth.
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Saturday, April 06, 2013
Is Panic Selling Marking Bear Market Bottom In Gold and Silver Miners? / Commodities / Gold and Silver Stocks 2013
By: Jeb_Handwerger
One of the ways to look for a bear market low is to look for panic selling and capitulation after an extended downtrend. Since 2013 began the Venture has had 3 months of losses compared to the Dow Industrials.
Saturday, April 06, 2013
Gold Price Breakout and Breakdown / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
It seems that collective memory is becoming shorter and shorter. We just celebrated two important holidays in the Judeo-Christian traditions that commemorate events that took place thousands of years ago. Yet, now, in the age of Internet, people seem to forget major events after weeks, or even days. Given this weeks' performance in the precious metals, people have forgotten that only two weeks ago Cyprus was on the brink of unraveling not only the European union, but the sacrosanct foundations of fractional banking, with the crisis highlighting the fundamental fault lines of both.