Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, January 03, 2013
Dow Gold and Gold Silver Ratio Charts Remain Bullish / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,684.50, EUR 1,285.09 and GBP 1,039.69 per ounce.
Yesterday’s AM fix was USD 1,681.50, EUR 1,270.11 and GBP 1,031.22 per ounce.
Silver is trading at $30.92/oz, €23.70/oz and £19.20/oz. Platinum is trading at $1,571.00/oz, palladium at $701.00/oz and rhodium at $1,150/oz.
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Thursday, January 03, 2013
Higher Low in Place for Gold Stocks as 2013 Beckons / Commodities / Gold and Silver Stocks 2013
With all of the volatility of the past nine months, few market observers would think the gold equities have begun a series of higher lows or even a new bull market. However, this action is typical of this sector. GDX first formed a low in May followed by a double bottom low in July. From that point, GDX gained 35% in only two months! After three months and a pullback of 20%, the gold stocks are pushing higher once again and have a chance at a tremendous 2013.
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Thursday, January 03, 2013
The Gold Owner’s Guide to 2013 / Commodities / Gold and Silver 2013
By the time we get to the end of 2013, we will forget much of what shaped 2012. Yet, as we look back at 2012, there are some fundamentally disheartening, if not disturbing trends that are likely to play a determining role in all financial markets for some time to come, including the gold market.
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Thursday, January 03, 2013
Are You a Base Metal Growth Bull or a Gold Gloom-and-Doomer 2013? / Commodities / Metals & Mining
Gold bugs say the global economy could collapse any day now. But what about investors who see continued growth in emerging economies and a steady, if slow, U.S. recovery? Look to base metals, recommends Haywood Analyst Stefan Ioannou. He expects price runs for 2013–2015, especially for zinc, which is facing a serious supply squeeze. Do your homework now to get positioned as soon as the uptick begins. Ioannou shares his favorites in this Gold Report interview.
The Gold Report: Stefan, what is your 2013 outlook for copper?
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Wednesday, January 02, 2013
Credibility of the U.S. Bullion Depositary and Gold Pricing / Commodities / Gold and Silver 2013
In the classic 1964 movie Goldfinger, James Bond tries to prevent the main villain, Auric Goldfinger, from detonating a dirty nuclear bomb inside Fort Knox. While in Fort Knox, Bond says:
Read full article... Read full article...Well, if you explode it [the bomb] in Fort Knox, the... the entire gold supply of the United States would be radioactive for... fifty-seven years.
Wednesday, January 02, 2013
Gold Recap 2012 and Outlook for 2013 / Commodities / Gold and Silver 2013
• Introduction – Gold’s Gains In All Fiat Currencies in 2012
• Much of Gold’s Gains in 2012 On 11% Price Gain in January 2012
• Japanese Yen Shows How Gold Protects From FX Devaluations
• Food Inflation Risk As Wheat and Soybeans Surge in Price
• Currency Wars and Competitive Currency Devaluations
• Gold Remains Historically and Academically Proven Safe Haven
• Conclusion – Gold in 2013
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Wednesday, January 02, 2013
Seven Ways to Tell If Your Gold is Counterfeit / Commodities / Gold and Silver 2013
Peter Krauth writes: I had just finished a walking tour of the Royal Canadian Mint when I saw it. Right there, out in the open, was a 400-ounce bar of pure gold.
It was chained to a display table and kept safe by an armed guard. At the time, in 2005, the bar was worth $220,000.
Today, the same bar is worth $667,700. In just seven years, gold prices have jumped by 203%.
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Wednesday, January 02, 2013
Gold and Silver Gain Along with Stocks on Fiscal Cliff Deal / Commodities / Gold and Silver 2013
SPOT MARKET gold prices started the year by touching a two-week high above $1680 per ounce Wednesday morning, as European stock markets also gained following news of a deal in Washington to avoid the so-called fiscal cliff.
Gold in Euros and Sterling by contrast were little changed on the day by late morning in London, recovering losses following a slight dip during Asian trading.
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Wednesday, January 02, 2013
The U.S. Gasoline Market Twin Peaks of 2012 / Commodities / Gas - Petrol
Courtesy of Doug Short.Here is my weekly gasoline chart update from the Energy Information Administration (EIA) data. Gasoline prices at the pump rose last week. Rounded to the penny, the average for Regular and Premium were up four cents.
According to GasBuddy.com, Hawaii has the highest gasoline price, averaging $3.95. New York is second at $3.72. At the other end of the price range, four states have average prices under $3.00: Colorado is the cheapest at $2.96; the other three are Wyoming, Oklahoma and Utah.
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Monday, December 31, 2012
Gold And Silver Very Under-Rated Opposing Forces Into 2013 / Commodities / Gold and Silver 2013
It is impossible not to read some source, informed or otherwise, touting the “fact” that the price of gold and silver will be [insert whatever amount you wish, here], “in the coming months”, or safer, “in the next year or two,” etc. Yet, the market does not echo those almost universally held sentiments.
Why not?
Because that is exactly what they are, sentiments. When it comes to sentiments or opinions, regardless of how close to source or how well reasoned, the market does not care. One of the better “resolutions” one can make going into 2013 and beyond it to follow the market’s lead, stop trying to lead it, waiting for it to catch up to your trading acumen.
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Monday, December 31, 2012
Big Move Ahead in Copper ETFs and Stocks / Commodities / Copper
With 2012 now behind us it’s time to start looking for some new long term investments which have big potential gains in the new year. Copper is one metal that has caught my eye.
The long term monthly chart of the copper ETF JJC shows a potential cup and handle pattern accompanied with bullish volume characteristics. Last year copper traded sideways in a narrowing range. This type of price action tends to bore traders and investors forcing them to look elsewhere for new to trades. The saying is “If the market doesn’t shake you out, it will wait you out”
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Monday, December 31, 2012
Gold Records 5.7% Annual Gain for 2012, Still No Deal on Fiscal Cliff / Commodities / Gold and Silver 2012
WHOLESALE gold bullion prices touched their highest level since Christmas at $1669 an ounce during Monday morning's London session, before easing slightly towards lunchtime to record a 5.7% gain for 2012 at the final gold fix of the year.
Silver failed to hold gains from Asian trading, falling back towards $30 an ounce.
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Sunday, December 30, 2012
Nuclear Failure Sparks New Era of Oil Renaissance, $45 Oil Price / Commodities / Crude Oil
In a continuation of our series on the state of the oil industry we look at some of the other ramifications of what we are labeling the Oil Renaissance in the US, and around the world for that matter. This phrase was first proposed regarding the potential Nuclear turnaround here in the US, where companies like NRG Energy, Toshiba and many more players all along the supply chain were positioning themselves for the Nuclear Renaissance of cheap, and abundant Nuclear energy for the next 50 years.
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Sunday, December 30, 2012
Crude Oil & Gasoline Markets End 2012 with Swollen Inventory Levels / Commodities / Crude Oil
EIA Inventory Data
In analyzing the last EIA report of the year it is noteworthy that gasoline stocks really rose the last 5 weeks of the year. The takeaway isn`t so much that gasoline inventories rose 23 million barrels the last 5 weeks of the year, wow that is some build in inventories, but the fact that Oil inventories barely budged at all during the process.
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Sunday, December 30, 2012
Gold and The Fiscal Cliff / Commodities / Gold and Silver 2012
The price of gold has been hit by selling under concerns over the upcoming U.S. "fiscal cliff." At least that's what the news media's explanation for gold's decline has been. Here's what Reuters had to say in a recent news article:
"U.S. stocks sold off late in the day to close at session lows on Wednesday as talks to avert a year-end fiscal crisis turned sour, even as investors still expect a deal....
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Sunday, December 30, 2012
Crude Oil Prices and the Fiscal Cliff / Commodities / Crude Oil
Dr. Kent Moors writes: You have heard all the stories of what will happen when the U.S. economy falls over the fiscal cliff.
As I write this, it appears that will happen--at least on paper.
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Saturday, December 29, 2012
Coffee Commodity Trading Major Bull Market Forecast 2013 / Commodities / Coffee
Coffee prices have fallen more than 50% since 2010 which can be seen through the coffee exchange traded fund symbol: JO. This investment seeks to replicate the returns that are potentially available through an unleveraged investment in coffee futures contracts as well as the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.
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Saturday, December 29, 2012
Government Reckless Spending and Soaring Debts Should Boost Gold and Silver 2013 / Commodities / Gold and Silver 2013
We are still climbing the wall of worry as wealth in the ground metals becomes increasingly cheaper in a world that is threatened with the ghosts of depressions and deflations past. We observe the doubters who regale us with the view that the miners are underperforming bullion and the general equities. They claim that housing, financials and the dollar has bottomed. We disagree and believe gold (GLD), silver (SLV) and the undervalued gold (GDXJ), silver (SIL), uranium (URA) and rare earth miners (REMX) may be bottoming and a reversal may occur in 2013.
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Saturday, December 29, 2012
High IQ Gold Stocks Investing / Commodities / Gold & Silver Stocks
The past year was a very tough one for the junior gold mining sector. In this interview with The Gold Report, Brien Lundin, CEO of Jefferson Financial, says that the past year has, in fact, put many gold mining companies on the bargain basement shelf. He shares some advice on end-of-year portfolio repositions and talks about some of his favorite stocks that he believes are poised for a rebound in 2013.
The Gold Report: Brien, in late October you and your company Jefferson Financial hosted the New Orleans Investment Conference. What were some of the commodity-related themes consistently making the rounds there?
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Saturday, December 29, 2012
American Glory Days, Made in America Again Needs Resource Extraction and Agriculture / Commodities / Resources Investing
Gus Gunn, of the British Geological Survey, has identified three main factors behind the steep rise in commodity demand and prices:
• Urbanization that is accompanied by a rise in the standard of living. By 2025, nearly 2.5 billion Asians will live in cities, accounting for almost 54 percent of the world's urban population. India and China alone will account for more than 62 percent of Asian urban population growth and 40 percent of global urban population growth from 2005 to 2025
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