Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, October 24, 2012
Silver Price Volatility / Commodities / Gold and Silver 2012
Every picture tells a story and this picture depicts the volatility inherent in the silver market. With options expiry coming to fruition this week this sudden spike must have scared the whatsit out of the shorters. We sincerely hope that they managed to get back off the window ledge in time to see the price of silver come back to a level acceptable to them.
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Wednesday, October 24, 2012
What Will Price Gold and Silver Tomorrow / Commodities / Gold and Silver 2012
The gold and silver price has and will move in tandem with each other, with silver moving higher still when gold prices rise and falling further when gold prices fall. Despite different fundamentals behind the two and a different pattern of mining [silver is a by-product of base metal production usually] the two metals are reflecting their value as a means of saving value and wealth, their monetary value. This won't change as we see the economic currents behind the world's financial system continue to falter. After all, for several millennia, man has not trusted man's promises, but has referred to the precious metals to determine true value. So why should the last forty plus years change that, particularly when the 40-year + experiment with a paper financial system has shown so many structural faults.
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Tuesday, October 23, 2012
"Pause in Monetary Policy" sees Gold Drop Below $1710 / Commodities / Gold and Silver 2012
WHOLESALE PRICES for gold bullion dropped below $1710 an ounce ahead of Tuesday's US session, its lowest level in over six weeks, as stocks and commodities also fell and the Dollar rallied, with two weeks to go until the US presidential election.
Silver bullion fell through $32 an ounce to hits its lowest level since the first week of September.
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Tuesday, October 23, 2012
What Is the Actual Book Value of Germany’s Gold Reserves / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,717.00, EUR 1,317.22, and GBP 1,072.12 per ounce. Yesterday’s AM fix was USD 1,725.00, EUR 1,321.03, and GBP 1,075.10 per ounce.
Silver is trading at $31.80/oz, €24.52/oz and £19.95/oz. Platinum is trading at $1,590.25/oz, palladium at $605.25/oz and rhodium at $1,125/oz.
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Tuesday, October 23, 2012
Natural Gas Cliff / Commodities / Natural Gas
CLIFF TOPS AND BOTTOMS
In 2004 the self-styled "environmental philosopher" Julien Darley could bring out a book with the title "High Noon For Natural Gas". With other conspiracy theorists, doomsters and media hopefuls ranging from Naom Chomsky to Michael Ruppert, Darley peddled the "US natural gas cliff". Especially the US, but also any other country increasing its use of natural gas was heading for a fall - off the cliff.
Tuesday, October 23, 2012
Gold Stage Three Volatility / Commodities / Gold and Silver 2013
STAGE 3: The price of gold is subject to increasing highs and lows and large investment funds move in and out of gold as global uncertainties wax and wane, a sign that gold is increasingly a haven in uncertain times.
pp. 151-152, Time of the Vulture: How to Survive the Crisis and Prosper in the Process, DRS, 3rd ed., 2012
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Tuesday, October 23, 2012
Gold Mining Stocks Now Provide Bargain Trade Opportunities / Commodities / Gold and Silver 2012
Many precious metals mining stocks are now trading at bargain prices but the old "buy and hold" strategy no longer applies in this fluid market environment, says Florian Siegfried, CEO of Precious Capital AG. In this exclusive interview with The Gold Report, Siegfried says investors need to do their homework and pick their entry and exit points carefully as he names some undervalued opportunities he expects to provide above-average returns in the next market run-up.
The Gold Report: This is the first time you are speaking with The Gold Report, Florian, so maybe you could give us a brief overview of Precious Capital AG and its investment focus.
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Monday, October 22, 2012
Gold and Silver - When Inflation is Summoned by the Masses / Commodities / Gold and Silver 2012
As the democratic masses increasingly sense that their living standards are becoming threatened,they have been blindly authorizing their governments to do “whatever it takes” to arrest the impending economic collapse.
In fact, as the vocal voting public insists upon quick solutions to the economic crises, politicians are ready and waiting to analyze popular needs and desires in order to deliver the messages that the people so badly want hear.
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Monday, October 22, 2012
Gold US Dollar Link in Question, Technical Setup / Commodities / Gold and Silver 2012
The $1800 per ounce level continues to be a major technical resistance area for gold. After hovering near $1800 recently, gold moved sharply away from that level last week to close at $1735 an ounce.
Despite that, more fund managers and analysts continue to point to a bright long-term future for gold prices. John Hathaway of the Tocqueville Gold Fund says gold will reach new highs within a year. He based his forecast, like many others, on the fact that negative real interest rates look likely to persist as Ben Bernanke and the Federal Reserve continue to print money.
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Monday, October 22, 2012
Gold Charts Pointing to Downward Move / Commodities / Gold and Silver 2012
AFTER Monday's Asian session saw new six-week lows, the Dollar gold price recovered some ground to trade near $1725 an ounce Monday morning in London, while stocks and commodities were broadly flat and US Treasury bonds fell.
"Both the weekly and daily charts are pointing for an initial move to $1693," says the latest technical analysis from bullion bank Scotia Mocatta.
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Monday, October 22, 2012
Gold bullion flowing from West to East / Commodities / Gold and Silver 2012
Earlier this month Eric Sprott circulated a paper, co-authored by him, which concluded that Western central banks have considerably less physical gold than they claim. It shows that since the year 2000 there has been a net increase in identifiable annual demand of 2,268 tonnes, and concludes that some supply, apart from mine output from the “free” world, must come from Western central banks – because there can be no other source.
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Monday, October 22, 2012
Pullback in the Markets Hurts Gold and Silver Prices / Commodities / Gold and Silver 2012
The current short term retracement in the US equity markets is creating the normal shift in capital. Money is once again moving over to the safe haven US dollar creating downward pressure on the more riskier asset classes.
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Sunday, October 21, 2012
New Trend For Coal Stocks / Commodities / Gold and Silver 2012
Coal stocks have been miserable performers this year.
The price of coal has fallen nearly 30% since last October. Low prices are cutting into the profit margins of many coal producers. Most of these companies are loaded with debt. And they're bleeding red ink...
Sunday, October 21, 2012
Gold and Mining Stocks are Approaching Bottom! / Commodities / Gold and Silver 2012
Large concentrated amounts of volume will appear during the intial stages of an uptrend, which is a telling sign of forthcoming strength. It is a direct result of INSTITUTIONS that accumulate massive long positions at the start of a major move. But as time 'takes a toll' on the maturation of the bullish advance, its trend grows weaker on diminishing amounts of volume even when the stock is making new price highs. The interpretation is that investors are losing interest, and a top is near.
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Sunday, October 21, 2012
Examining the Case For And Against Gold / Commodities / Gold and Silver 2012
Since being shunned by traders last year after a series of margin increases, gold has enjoyed a worthy comeback since turning around this summer. The yellow metal rallied from a yearly low of $1,540 to a recent high of nearly $1,800. All in all, not a bad performance in just over an eight week period.
Analysts and investors are divided as to what was the impetus behind the late summer rally for gold. Was it fear of a European-led global economic recession? A slowdown in China? An anticipation of loose central bank monetary policy? The reasons behind the rally are debatable but the gains gold has made since July aren't.
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Saturday, October 20, 2012
Gold Has Lost Its Glitter Again! / Commodities / Gold and Silver 2012
After experiencing a remarkable bull market run from $250 an ounce in 2001 to $1,900 an ounce last summer, gold has not had an easy time of it since.
Three times it plunged as much as 19%, and rallied back, only to run into resistance each time at $1,800. It is potentially doing so again.
Saturday, October 20, 2012
Goldman Sachs' Ian Preston Surveys the Gold ETF vs Equity Battleground / Commodities / Gold and Silver 2012
Gold equities are in competition with gold ETFs for shareholder dollars. In this exclusive Gold Report interview, Goldman Sachs Managing Director Ian Preston discusses the steps gold companies must take to pull investors back from the ETF space and shares Goldman Sachs' outlook for the gold price over the next year or so.
The Gold Report: Your recent commodity price research shows a gold price of around $1,811/ounce (oz) for 2013. Could you talk with us about how some of the macroeconomic issues influence that forecast?
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Friday, October 19, 2012
Global Water Crisis, U.S. Eyes Canada's Great Lakes / Commodities / Water Sector
The number of people living in areas affected by severe water stress is expected to increase to almost four billion people...
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Friday, October 19, 2012
Is the October Gold Correction Already Over? / Commodities / Gold and Silver 2012
In today’s essay on the current correction in gold we would like to focus on one single question:
Is the correction in gold over?
In order to provide you with a reply to this question, we will analyze 2 charts (USD and gold) and the table that links them. Let’s start with the former one.
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Friday, October 19, 2012
Gold's Fall Blamed On "Speculative Sellers", European Politicians "Papering Over Differences" / Commodities / Gold and Silver 2012
THE SPOT gold price traded lower to $1732 an ounce Friday morning in London, near one-month lows, while stock markets and the Euro also fell as a two-day European summit came to a close with several issues unresolved.
The gold price in Euros meantime sank to its lowest level since the end of August at €42,647 per kilo (€1326 per ounce).
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