Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, August 01, 2012

Unraveling the Gold U.S. Economic Puzzle / Commodities / Gold and Silver 2012

By: David_Galland

David Galland, Casey Research - This missive begins with a couple of unusual charts – unusual because they contain no reference points. Here's the first. As you'll note, something occurred that triggered a waterfall slide in the chart. We'll get to what that triggering event was in a moment.

Wednesday, August 01, 2012

Gold Tied to Central Bank Moves as Federal Reserve Inching Towards More Quantitative Easing / Commodities / Gold and Silver 2012

By: Ben_Traynor

U.S. DOLLAR gold prices traded around $1615 an ounce during Wednesday morning's London session – 0.8% off this week's high – while European stock markets were also broadly flat and US Treasuries dipped, ahead of the Federal Reserve's latest monetary policy announcement later today.

Wednesday, August 01, 2012

Gold Sat in the Waiting Room / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,614.75, EUR 1,311.95, and GBP 1,032.78 per ounce.
Yesterday’s AM fix was USD 1,622.75, EUR 1,323.29 and GBP 1,034.46 per ounce.

Silver is trading at $28.92/oz, €22.78/oz and £17.94/oz. Platinum is trading at $1,414.20/oz, palladium at $587.70/oz and rhodium at $1,100/oz.

Wednesday, August 01, 2012

Rising U.S. Food Prices are About to Eat Away at Your Savings / Commodities / Agricultural Commodities

By: Money_Morning

Ben Gersten writes: As U.S. households prepare for Recession 2013 , they'll have trouble saving as one constant expense is starting to take a sharp climb: food prices.

Higher U.S. food prices are the last thing the country needs as 2013 is set to bring with it a painful bunch of tax increases and the ominous fiscal cliff, but U.S. consumers need to understand that their grocery bills are about take a much bigger chunk out of their wallets.

Wednesday, August 01, 2012

U.S. Heat Wave Won't Propell Natural Gas to $8 in 2012 / Commodities / Natural Gas

By: EconMatters

The Energy Department reported that natural gas in storage grew by 26 billion cubic feet to 3.189 trillion cubic feet for the week ended July 20. The inventory level was 15.8% above the five-year average of 2.754 trillion cubic feet, and 18% above last year's level. Low natural gas prices in the U.S. this year has not only tanked the stocks of many gas-weighted producers, but also dragged down profits of U.S-based oilfield services companies as a result of reduced gas drilling activity (See Chart Below).  However, since hitting a 10-year low of below $2/mmbtu in April, Henry Hub benchmark prices has surged 69% hitting $3.214/mmbtu on Monday, July 30, the high of the year.

Tuesday, July 31, 2012

Gold and Silver Bullish Omens / Commodities / Gold and Silver 2012

By: Peter_Degraaf

This chart courtesy Mises.org shows the true U.S. money supply. The trend is exponential and this trend may well put pressure on gold and silver to rise in response. According to Erste Group Research the combined Base Money Supply of the four most important Central Banks has been growing at 15.2% per year since 2000!

Tuesday, July 31, 2012

Central Bankers Could Put Gold Under Pressure / Commodities / Gold and Silver 2012

By: Ben_Traynor

U.S. DOLLAR gold prices held above $1620 an ounce Tuesday morning in London, while stocks and commodities were also broadly flat and major government bond prices ticked higher with markets looking ahead to key central bank policy decisions later in the week.

Silver prices meantime hit a four-week high at $28.47 per ounce.

Tuesday, July 31, 2012

Draghi Set to Unleash SMP Program Whilst Gold and Markets Await Fed / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,622.75, EUR 1,323.29, and GBP 1,034.46 per ounce.
Yesterday’s AM fix was USD 1,616.50, EUR 1,317.87 and GBP 1,029.75 per ounce.

Silver is trading at $28.21/oz, €23.06/oz and £18.06/oz. Platinum is trading at $1,429.20/oz, palladium at $585.80/oz and rhodium at $1,100/oz.

Tuesday, July 31, 2012

Gold at ECB: Accident or Strategy? / Commodities / Gold and Silver 2012

By: Axel_Merk

When the euro was launched, the European Central Bank (ECB) held approximately 15% of its assets in gold. That ratio has remained reasonably stable, giving rise to a variety of chatter, including suggestions that it may displace the U.S. dollar. We pursue the question on whether the ECB’s gold holdings are an accident or strategy.

Tuesday, July 31, 2012

Gold And Silver Await The Starting Gun / Commodities / Gold and Silver 2012

By: Bob_Kirtley

This week is another political week in that we have meetings across the board involving the ECB and the Federal Reserve followed by the job numbers on Friday. All of these meetings, summits, announcements have an effect on the investment community in that investment funds tend to stay on the sidelines until the direction of the markets becomes clear. Alas, we suspect that by the end of this week the anticipated clarity will be as clear as mud.

Tuesday, July 31, 2012

Where Are Oil Prices Headed? Is the Eurozone Doomed? / Commodities / Crude Oil

By: OilPrice_Com

As markets continue to yo-yo and commentators deliver mixed forecasts, investors are faced with some tough decisions and have a number of important questions that need answering. On a daily basis we are asked what's happening with oil prices alongside questions on China's slowdown, which commodities or instruments will provide safety in the current environment, will the Euro-zone split in the future and what impact the presidential election is going to have on the economy and markets?

Tuesday, July 31, 2012

Will a Stocks Bear Market Hurt Gold Stocks? / Commodities / Gold & Silver Stocks

By: Jordan_Roy_Byrne

The relationship between gold stocks (while in a secular bull market) and the broad market (while in a secular bear market) is difficult to diagnose and that is what makes it so interesting. There is no single rule of thumb or axiom we can trust because history is quite varied. There are instances of the gold stocks crashing with the stock market, rising with the stock market and rising substantially while the stock market endures a nasty bear market. Currently, the gold stocks are moving into the latter stages of their third secular bull market in the last 90 years. Yet, the equity market could be at risk of soon entering a cyclical bear market. In this article, we review some history between the gold stocks and the equity market before drawing conclusions relevant to the near future.

Tuesday, July 31, 2012

Gold and Silver Lessons from Pawn Stars / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

Despite being in a bull market for the past decade, precious metals are still widely under-owned by historical standards. The percentage of wealth held in gold and silver today fails in comparison to the last bull market thirty years ago. The investing world is heavily skewed towards paper assets, as traditional education methods focus on these types of investment vehicles far more than others. However, investors looking to diversify away from equities and bonds can learn about hard assets such as gold and silver if they watch close enough.

Tuesday, July 31, 2012

Stock to Flow - Silver Supply in a Fiat Depression / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

Making a case for higher silver prices can involve two ways of looking at its supply:

1. The total amount of silver ever mined.
2. The total amount of silver available in investment grade bullion form.

Tuesday, July 31, 2012

Silver Price Investor Psychology / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

People have a natural tendency to seek and understand value. The currently dominant baby boomer generation has a speculative mindset with regard to investment. The relatively frugal generation that lived through the first great depression is now fading in influence, along with their collective memory of harder times.

Monday, July 30, 2012

Why Is Future Silver Supply More at Risk than Gold? / Commodities / Gold and Silver 2012

By: Steve_St_Angelo

The focus of the markets and the alternative media is firmly placed on the continued disintegration of the world financial system.  Many believe that the collapse of the fiat monetary system along with the global banking cartel is the worst possible outcome.  However, this may actually turn out to be the good news in a sea of bad news that is lurking around the corner.

As the world's attention is currently directed at its massive paper-debt dilemma, a physical problem looms larger each passing day.  This is what I call, the brontosaurus in the living room.  The information provided in this article may help connect the dots to the reader who has been grossly misinformed by the highly specialized analysts in the various industries and media.

Monday, July 30, 2012

Gold Investors Waiting for ECB Signal For Printing Money and Monetizing Debt / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE quoted prices for gold bullion fell below $1620 an ounce during Monday morning's London session – slightly below last week's close – while stocks gained and US Treasuries fell, with markets focused on key monetary policy decisions due later in the week.

Silver bullion hovered around $27.70 an ounce – in line with Friday's close – while other commodities were also broadly flat.

Monday, July 30, 2012

Gold Market Sentiment Increasingly Positive / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,616.50, EUR 1,317.87, and GBP 1,029.75 per ounce.
Friday’s AM fix was USD 1,618.75, EUR 1,321.43 and GBP 1,031.51 per ounce.

Silver is trading at $27.66/oz, €22.65/oz and £17.68/oz. Platinum is trading at $1,409.50/oz, palladium at $571.15/oz and rhodium at $1,125/oz.

Gold climbed $7.80 or 0.48% in New York on Friday and closed at $1,623.40/oz. Silver rose to a high of $27.839, edged off a few times, and ended with a gain of 0.98%.

Saturday, July 28, 2012

Mass Exodus out of Gold Revealed by Trader Open Interest Reports / Commodities / Gold and Silver 2012

By: Zeal_LLC

Gold has been deeply out of favor lately, languishing in its usual summer doldrums.  This sentiment wasteland is driving traders to flee wholesale, including the futures players.  Their mass exodus from the gold market is readily apparent in futures data.  But provocatively such behavior is a powerful contrarian indicator, heralding the birth of major new uplegs in gold.  Bearish futures traders are a bullish omen.

Friday, July 27, 2012

Gold Profits From Draghi's ECB Robbing Savings of Euro-zone Citizens / Commodities / Gold and Silver 2012

By: Ben_Traynor

SPOT MARKET gold bullion hit a five-week high at $1625 an ounce during Friday morning's London trading, on course for a weekly gain that would see the pattern of alternating up and down weeks stretched to week number eleven.

Silver bullion also held onto most of its recent gains, trading around $27.70 per ounce for much of the morning.