Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, April 04, 2012
Where and When to Place Your Gold Investment Bets? / Commodities / Gold and Silver 2012
By: Jeff_Clark
Jeff Clark, Casey Research : Let's explore the advantages of saving in gold and silver over dollars. Here's a hypothetical look at what could occur over the remainder of this decade.
The charts below compare saving $100/month in gold and silver vs. an interest-bearing money-market account. For our projections, we assumed gold's average annual gain of 18% since 2001 will continue through 2020. For the money-market account, we used an annual interest rate of 1% in 2012 and added 0.5% each year, so that by 2020 it's earning 5%.
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Wednesday, April 04, 2012
Is it Safe to Start Buying Gold Stocks Yet? / Commodities / Gold & Silver Stocks
By: David_Banister
One of the most common questions I field from my forecast and trading subscribers is can we buy Gold stocks yet? We have seen Gold consolidating and correcting following a 34 fibonacci month rally that I discussed last fall was going to top out around 1900 per ounce. This type of rally went from October of 2008 to August of 2011 and we saw Gold rally from $680 to $1900 per ounce during that time.
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Wednesday, April 04, 2012
Is the Chinese Economy Driving Gold Prices? / Commodities / Gold and Silver 2012
By: Chris_Riley
We sometimes miss the bigger picture, when we focus solely on the U.S. economy. This certainly seemed like the case in 2011, when precious metals corrected sharply in the second half of the year, despite a new U.S. easing effort in the form of ‘operation twist’. In particular, we can take our eye off the Chinese economy, which I shall examine below.
Wednesday, April 04, 2012
Crude Oil Under Pressure / Commodities / Crude Oil
By: Mike_Paulenoff
Let's notice that today's swoon in nearby NYMEX crude oil has pressed to a new corrective low at 101.49 off its March 1 high at $110.55. It just so happens that this morning's new low for the move has not been confirmed by my 4-hour RSI momentum gauge, which is our first warning signal that the selling pressure might be drying up for oil and the U.S. Oil Fund ETF (USO).
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Wednesday, April 04, 2012
Gold Sinks to 3-Month Low as Fed "Distances Itself" from Further QE Stimulus / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE U.S. DOLLAR gold price hit its lowest level since early January on Wednesday morning, when it sank to $1622 an ounce ahead of US markets open.
Silver prices dropped to $31.76 an ounce – a fall of 1.7% for the week so far, but still just above last week's low.
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Wednesday, April 04, 2012
Gold Down 2% On FOMC Minutes – Fundamental Support From Negative Real Interest Rates / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,631.75, EUR 1,239.65, and GBP 1,027.75 per ounce. Yesterday's AM fix was USD 1,674.75, EUR 1,254.03 and GBP 1,044.17 per ounce.
Silver is trading at $32.01/oz, €24.31/oz and £20.16/oz. Platinum is trading at $1,622.20/oz, palladium at $640/oz and rhodium at $1,350/oz.
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Wednesday, April 04, 2012
Gold Bull Market Real Interest Rates Critical Metric / Commodities / Gold and Silver 2012
By: Jeff_Clark
Jeff Clark, Casey Research : There are many reasons why gold is still our favorite investment – from inflation fears and sovereign debt concerns to deeper, systemic economic problems. But let's be honest: It's been rising for over 11 years now, and only the imprudent would fail to think about when the run might end.
Is it time to start eyeing the exit? In a word, no. Here's why.
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Tuesday, April 03, 2012
Gold New Rally Phase? / Commodities / Gold and Silver 2012
By: Mike_Paulenoff
Although spot gold remains stuck between a set of convergent support and resistance lines derived from the Mar 11 rally peak at $1717.36, my near-term pattern work argues that what looks like a coil is really the initiation of a new rally phase off of the Mar 22 low at $1631.89.
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Tuesday, April 03, 2012
Game Changer for Gold and Stocks / Commodities / Gold and Silver 2012
By: Neil_Charnock
I am not preaching to the converted however most if not all readers will know that the US banking system is in trouble as evidenced by QE1, QE2 and now suggestions of QE3. Governments would not offer or provide the monstrous bailouts and deposit guarantees unless this was the case. The European bank has also taken steps to prop up their banking system since 2008, with in excess of US$1.2T in new support in the past 4 months. This is a global phenomenon made necessary due to the gradual debt collapse, a deleveraging process that will persist for many years to come.
Tuesday, April 03, 2012
Gold Stocks Cheap or Silver Stocks Expensive? / Commodities / Gold & Silver Stocks
By: Willem_Weytjens
Although Gold prices are off their highs of 2011, they still remain at a reasonably high level.
From the chart below, we can see that Gold and Silver are highly correlated:
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Tuesday, April 03, 2012
Gold Market To See Little Business This Week with India Striking and China Closed / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET prices to buy gold dropped to $1672 an ounce Tuesday lunchtime in London – a 0.7% fall from the previous day's high – while stocks and commodities traded lower and US Treasury bond prices rose ahead of the release of the latest Federal Reserve policy meeting minutes.
Tuesday, April 03, 2012
Now Is Not the Time to Be Scared of Gold! / Commodities / Gold and Silver 2012
By: Michael_Swanson
I titled last month’s issue of this newsletter “Mining Stocks May Become the Big Play for the Second Half of 2012.” I wasn’t saying that it was time to buy them, but that I thought that when the correction they are in, which has been going on now since way back in September, came to an end they would likely put on a big performance through the rest of this year.Read full article... Read full article...
Tuesday, April 03, 2012
Gold No Hysteria and No Bubble According to US Mint Coin sales / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,674.75, EUR 1,254.03, and GBP 1,044.17 per ounce. Yesterday's AM fix was USD 1,664.00, EUR 1,246.16 and GBP 1,037.54 per ounce.
Silver is trading at $32.95/oz, €24.70/oz and £20.58/oz. Platinum is trading at $1,657.25/oz, palladium at $655/oz and rhodium at $1,350/oz.
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Monday, April 02, 2012
Gold Price Struggling for Momentum But Still Respecting Long Term Uptrend / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold prices jumped to $1669 per ounce ahead of Monday's US trading, broadly in line with where they ended last week, though they remained below the Asian session peak touched briefly following the release of positive Chinese manufacturing data.
"Gold [is] still respecting the long-term uptrend," says the latest technical analysis note from bullion bank Scotia Mocatta.
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Monday, April 02, 2012
Silver, Gold, Gold Miner Stocks On The Rise? / Commodities / Gold and Silver 2012
By: Chris_Vermeulen
Silver, Gold, Gold Miner Stocks On The Rise?
The past couple months investors have been focusing on the equities market. And rightly so with stocks running higher and higher. Unfortunately most money managers and hedge funds are under performing or negative for the first quarter simply because of the way prices have advanced. New money has not been able to get involved unless some serious trading rules have been bent/broken (buying into an overbought market and chasing prices higher). This type of market is when aggressive/novice traders make a killing cause they cannot do anything wrong, but 9 times out of 10 that money is given back once the market starts trading sideways or reverses.
Monday, April 02, 2012
Gold and Silver Are at a 3 Month Cycle Low! / Commodities / Gold and Silver 2012
By: Bob_Clark
Investors that are trying to protect themselves from inflation are asking, what is going on with the precious metals? When the world central banks, without exception, are printing money. Why are metals prices declining? The economists will search in their bag of excuses and find a reason.
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Monday, April 02, 2012
Did Gold Stocks Bottom Last Week? / Commodities / Gold & Silver Stocks
By: Jordan_Roy_Byrne
The gold stocks have frustrated investors for several reasons. First, the sector has had a general inability to keep pace with Gold and that struggle has been particularly incensing over the last year in which Gold has gained. Second, the substantial rebound in the equity market has provided no lift. We know that the gold stocks can be vulnerable when Gold falls and when the stock market is plunging. Yet, the gold stocks did not respond as expected despite the reverse favorable conditions in the past year. In the words of a friend, these stocks couldn’t advance if a rocket ship landed up their ass! It is time to bail, right? Wrong! Considering the extreme negative sentiment and our technical work, we believe the market made an important long-term low last week.
Monday, April 02, 2012
Gold Bull Market Not Over, Depressed Stocks Primed to Take off / Commodities / Gold and Silver 2012
By: Clive_Maund
There is no indication on gold's long-term chart that its bullmarket is over, it appears to be simply pausing to consolidate after its sharp rise last year. Why should its bullmarket be over when the only solution to the global debt problem is to buy time by creating more debt which makes the problems even worse? It's true that "they" might throw in the occasional deflation scare as an arm twisting measure to justify bailouts and more QE etc, but other than that the course is set firmly in the direction of fiat worthlessness.
Monday, April 02, 2012
Silver Forming Head and Shoulders Bottom Pattern / Commodities / Gold and Silver 2012
By: Clive_Maund
Silver is marking out a Head-and-Shoulders pattern that parallels the one forming in gold, but whereas the one in gold is classified as a Head-and-Shoulders continuation pattern, the one in silver is classified as a Head-and-Shoulders bottom. The reason for this difference is that the pattern in gold has formed not very far beneath the highs, and thus comparatively does not have much of a loss to reverse, whereas the pattern in silver has got quite a lot to reverse, as can be seen by comparing the 15-month chart for silver shown here with the 1-year charts for gold presented in the Gold Market update.
Sunday, April 01, 2012
Gold and Silver Mining Stocks Approaching Most Oversold Level Since Start of Bull Market / Commodities / Gold & Silver Stocks
By: Jason_Hamlin
The following chart shows the performance of mining stocks (XAU) versus the broader stock market (S&P 500). This comparison is useful in identifying periods when mining stocks are oversold or overbought versus the stock market as a whole. As you can see from the long-term chart, mining stocks have been outperforming the S&P 500 over time with the expected volatility that is mostly confined within the upward-sloping trend channel.
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