Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, May 28, 2012
July Key Month for Gold as US Futures Positions Steady / Commodities / Gold and Silver 2012
LONDON's benchmark wholesale gold price rose 0.8% in Asian and London trade Monday, touching $1584 per ounce before easing back as silver also retraced early gains and European stock markets halved their initial rise.
Press reports said Madrid may move to support both the failed Bankia lender and Spain's cash-strapped regional governments with new public debt.
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Monday, May 28, 2012
Gold Bar Demand in China Surged 51% to 213.9 Tons In 2011 / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,579.00, EUR 1,255.67, and GBP 1,006.63 per ounce. Friday's AM fix was USD 1,560.50, EUR 1,240.66, and GBP 996.04 per ounce.
Silver is trading at $28.65/oz, €22.86/oz and £18.33/oz. Platinum is trading at $1,442.50/oz, palladium at $592.60/oz and rhodium at $1,275/oz.
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Monday, May 28, 2012
Strong Evidence of an Important Low in Gold Stocks / Commodities / Gold & Silver Stocks
Two weeks ago we proclaimed a major bottom could be imminent in the precious metals sector. Our basis for making the prediction was that the metals and shares were extremely oversold, breadth indicators were at 2008 levels, sentiment was contrarian bullish and markets were nearing areas of strong support. In this missive we review the compelling evidence for this important bottom and discuss the potential fundamental driving forces for the start of the next cyclical bull market in this sector.
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Monday, May 28, 2012
Gold Bugs Will be Vindicated / Commodities / Gold and Silver 2012
In recent weeks, while the eurozone has suffered escalating levels of systemic stress in government bond markets and its banking system, the gold price has fallen under $1,600. One would have thought that – but for the occasional fat-finger trade – gold would rise in all this instability, not fall. Putting aside short-term considerations, the simple reason has to be that the investment establishment, which has bought into the bond market bubble, does not believe that gold is any longer an alternative to paper money.
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Saturday, May 26, 2012
Gold and Silver, Fed Will Backstop a Run On the Exchange / Commodities / Gold and Silver 2012
Gold and Silver, Fed Will Backstop a Run On the Exchange
The situation remains rather volatile and open to an exogenous event.
Gold has not yet broken its downtrend. We do have the option expiration under our belts at least and are entering a heavy delivery season.
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Saturday, May 26, 2012
An Urgent Update on America's Energy Megatrend / Commodities / Natural Gas
Frank Curzio writes:
Friday, May 25, 2012
Low Baltic Dry Index and Negative Real Rates Make Silver Attractive / Commodities / Gold and Silver 2012
Recently, Bill Holter, a contributor to The Lemetropolecafe pointed out an interesting relationship between two major economic indicators and the quiet desperation that is propping up the world financial system.
The Baltic Dry Index or BDI provides a daily assessment of the cost of shipping key raw commodities by sea and is issued by London’s Baltic Exchange. The index covers 23 shipping routes for dry bulk carriers on a timecharter basis. These large ships move various commodities, such as coal, grain and iron ore, around the world.
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Friday, May 25, 2012
US Mint Turning Artificial Silver Prices Into Profits? / Commodities / Gold and Silver 2012
The paper precious metals market seems more and more like merely a leveraged, computer-driven poker game manipulated by the biggest players with the deepest pockets, mainly the bullion banks, (governments by extension) and hedge funds.Read full article... Read full article...
Friday, May 25, 2012
What Can We Infer From the Gold Dow Ratio? / Commodities / Gold and Silver 2012
There is all the talk of Greece leaving the eurozone and we are already seeing a slow-motion runs on Greek banks. The Financial Times reports that €5 billion has left Greek banks in just the last two weeks and the more that Greek citizens feel it is possible that their country will leave the euro, the more incentive they have for pulling their money out and sending it abroad.
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Friday, May 25, 2012
Gold's Potential Move From Tier 3 to Tier 1 Capital / Commodities / Gold and Silver 2012
Institutional investors tend to prefer investments that are thought to contain the potential for growth, growth = sprouts. An investment has to produce a growing revenue stream - if it doesn't grow it doesn't compound. Gold is rejected as an investment because it doesn't produce sprouts, meaning the steady income and systematic growth so sought after by institutional investors just isn't there.
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Friday, May 25, 2012
Asian Gold Demand "Decent", Premiums "Steady" as US Futures Exchange Cuts Margin / Commodities / Gold and Silver 2012
LONDON QUOTES for wholesale gold bars held above $1560 per ounce Friday morning, cutting the week's losses to 1.9% as European stock markets reversed their earlier rally and the Euro fell to a new two-year low.
Oil rose, but commodities headed for their fourth weekly loss in succession as Asian stock markets crept 0.1% higher from Thursday's near 5-month low.
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Friday, May 25, 2012
Worries Escalate Over $200 Crude Oil and $6 Gas / Commodities / Crude Oil
Don Miller writes:
Could new sanctions against Iran spark a crisis that drives oil prices to $200 a barrel?
The leaders of the Group of Eight (G8) economies certainly hope not.
Even still, they recently unveiled plans to tap into global emergency strategic oil reserves -- just in case.
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Friday, May 25, 2012
Uranium Is a Deep-Value Sector / Commodities / Uranium
Having just founded her own research company, Mine2Capital, Alka Singh has her sights set on the uranium sector, where she sees deep values in a beaten-down industry. With two major catalysts likely to boost spot prices, M&A activity afoot, new mines coming into production and new companies coming to market, well-positioned investors stand to benefit from what just may be a coming boom. In this exclusive interview with The Energy Report, Singh shares what she sees on the horizon.
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Thursday, May 24, 2012
Gold and Silver Rally with Stocks as Euro Hits 23-Month Low, on "Grexit" Planning / Commodities / Gold and Silver 2012
The WHOLESALE PRICE of gold investment bars rose 2.0% from yesterday's low to reach $1569 per ounce in London Thursday morning, recovering from $1535 for the fourth time since gold hit all-time peaks above $1900 in late-summer 2011.
European stock markets also rose from new 2012 lows, while commodities halted their plunge and the silver price rallied 3.4% to trade back above $28 per ounce.
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Thursday, May 24, 2012
Buying Silver is Easy With This Options Trading Strategy / Commodities / Gold and Silver 2012
Larry D. Spears writes: As last week's Money Morning special report pointed out, the long-term fundamentals for silver prices are decidedly bullish.
However, in today's volatile market, picking the right time to buy silver is something of a guessing game.
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Thursday, May 24, 2012
Good News for Gold Prices: Commodities are Wounded, But Far From Dead / Commodities / Gold and Silver 2012
Peter Krauth writes: Greece is frozen in a political stalemate. Youth unemployment is running at over 50%. And there has been a $1 billion run on Greek banks.
From near and afar, there appears to be no easy way out, especially now that the Eurozone is heading back into a recession.
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Thursday, May 24, 2012
Central Banks Still Significant Buyers On Gold Price Dip / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,558.50, EUR 1,239.27, and GBP 993.62 per ounce. Yesterday's AM fix this morning was USD 1,555.00, EUR 1,229.44, and GBP 989.56 per ounce.
Silver is trading at $28.12/oz, €22.46/oz and £18.01/oz. Platinum is trading at $1,430.25/oz, palladium at $591.80/oz and rhodium at $1,275/oz.
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Wednesday, May 23, 2012
Toxic Euro Corroding Gold / Commodities / Gold and Silver 2012
The Euro has become a very odd, very toxic asset...
What's up with the gold price? Not a lot. Gold is down, in fact. So is everything else outside the US Dollar and "safe" sovereign debt.
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Wednesday, May 23, 2012
Is the World Ready for Gold Turkey? / Commodities / Gold and Silver 2012
Since the beginning of the year we have seen increasing levels of interest in Turkey’s gold market. Earlier on in the year rumours abounded of Turkey swapping gold for oil with Iran, whilst this month the World Gold Council’s most recent report placed a particular focus on Turkey’s gold demand.
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Wednesday, May 23, 2012
Gold "Testing $1550" as Stocks Plunge, German Bund Yields Vanish, Investors Flee Risk for Cash / Commodities / Gold and Silver 2012
The WHOLESALE gold price bounced from a 4-session low at $1552 per ounce Wednesday morning in London, rallying with the Euro currency as world stock markets slumped.
The Athens stock market hit a fresh 22-year low, and Wall Street futures pointed 0.7% down, while US Treasuries rose sharply together with Japanese, German and UK bonds.
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