Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, February 20, 2013

Gold and Silver Price Discovery and Transparency / Commodities / Gold and Silver 2013

By: Adrian_Ash

Miguel Perez-Santalla writes: The price someone is willing to sell to you is not necessarily the value that you'd get for selling the same thing back...

It's interesting how people become accustomed to pricing.

When we go to a retail store here in the United States of America, we accept the price which is posted for the product as the final price in most cases. And because of this retail phenomenon, we have come to accept in many cases the price quoted as the final price. So it is that many are not accustomed to thinking about where the price comes from.

Tuesday, February 19, 2013

It Pays to Follow the "Smart Money" on Gold / Commodities / Gold and Silver 2013

By: GrowthStockWire

Jeff Clark writes: The smart money was right again.

Last October, we took a look at the commercial traders' actions in the gold market. We noted that the so called "smart money" had amassed a net short position of more than 300,000 gold futures contracts. And the price of gold usually fell at least 10% on previous occasions when the commercial traders had gotten that short.

Tuesday, February 19, 2013

Changing Gold Demand and the U.S. Dollar Link / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

The World Gold Council published a report last week that raises a few important questions and quite a few eyebrows, so let's examine it.

You can access the report here. We recommend that you read it, but if you're not going to go through the entire report, please just take a look at its first page and the chart with total demand for gold from 2003 to 2012.

Tuesday, February 19, 2013

Gold "Headed for Sell Off" Despite Stronger US Coin Sales / Commodities / Gold and Silver 2013

By: Ben_Traynor

WHOLESALE prices for gold bullion hovered above $1610 an ounce during Tuesday morning's London session, having ticked higher in Asian trading following losses yesterday, as stock markets also gained, with the US set to reopen following a holiday yesterday.

Gold is still down around 3% on the month however following last week's drop.

"[Last week's] bearish close should lead to a sell-off to below the $1600 level unfolding in the weeks to come," reckons Axel Rudolph, senior technical analyst at Commerzbank.

Tuesday, February 19, 2013

British Pound at Risk Of "Large-Scale Devaluation" As Currency Wars Intensify / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce.
Yesterday’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53 per ounce.

Silver is trading at $30.13/oz, €22.68/oz and £19.56/oz. Platinum is trading at $1,700.25/oz, palladium at $765.00/oz and rhodium at $1,245/oz.

Tuesday, February 19, 2013

Are Gold and Silver Prices Being Suppressed? / Commodities / Gold and Silver 2013

By: Videos

Money manager Eric Sprott contends, "Physical demand for gold is out of line with supply. How can all these new people come into this market when there has been no increase in supply . . . for the last 12 years?" Sprott's analysis shows central banks are selling to make up for the shortfall and opines, "I would hate to think what happens when we all find out there is no gold in the Treasury." Join Greg Hunter as he goes One-on-One with Eric Sprott of Sprott Asset Management

Tuesday, February 19, 2013

Gold Pattern of Predictability / Commodities / Gold and Silver 2013

By: Darah_Bazargan

Investors have experienced a state of prolonged frustration--where prices are TRAPPED between the upper and lower width of a symmetrical trading band. This is a reversal sequence that is gradual in nature, but unfolds in a horrendous ‘up and down’ affair until a sufficient amount of both time and distance is reached. Prices here regroup, gather strength, and undergo heavy accumulation as both, buyers and sellers, eagerly anticipate a forthcoming directional move.

Monday, February 18, 2013

Crude Oil Price BUBBLEOMIX Forecast 2013 / Commodities / Crude Oil

By: Andrew_Butter

When the Penny Drops that U.S.A. will be Energy Independent by 2030…

There is an excellent presentation by BP’s Chief Economist which you can find on their website http://www.bp.com...

He hits all the right nails bang on the head; (1) over the past decade 50% of America’s trade deficit was the cost of buying energy abroad, mainly oil; (2) the amount of GDP you can get from burning one barrel of oil is going up, (3) within ten-years and perhaps sooner, U.S.A. will become energy independent for the first time in fifty years (5) Peak Oil isn’t even worth talking about (6) the reason U.S.A. got into shale-gas and then tight-oil before everyone else is that in spite of all the hand-wringing and leaving aside George-W as an isolated exception-to-the-rule, economically it is still the most free place with the lowest level of government-sponsored stupidity and/or cronyism, in the world; apart from isolated pockets such as Hong-Kong, Singapore and Dubai. Well he didn’t actually say that, but in so many words, and (7) implicitly, one of these days that technology is going to be exported.

Monday, February 18, 2013

HUI Gold Stocks Index Head and Shoulders Patterns / Commodities / Gold and Silver Stocks 2013

By: Rambus_Chartology

Tonight I want to show you a long term monthly chart for the HUI. It seems there is alot of disbelief that if a H&S pattern is too big that it some how makes it invalid or not to be trusted. I’m curious how that rumor ever got started? Nothing could be further from the truth IMHO.

Monday, February 18, 2013

Gold Fails to Hold Asian Gains, Next Large-Scale Devaluation "Could Be the Pound" / Commodities / Gold and Silver 2013

By: Ben_Traynor

U.S. DOLLAR gold bullion prices failed to hold onto gains made in Monday's Asian session, falling to $1611 an ounce by lunchtime in London, just a few Dollars above Friday's six-month low, as the US Dollar extended recent gains.

Gold dropped 3.4% over the course of last week, including a sharp drop during Friday's US trading.

Monday, February 18, 2013

China And India Gold Demand Returns / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53per ounce. Friday’s AM fix was USD 1,629.25, EUR 1,221.42 and GBP 1,052.01 per ounce.

Silver is trading at $30.04/oz, €22.59/oz and £19.49/oz. Platinum is trading at $1,690.20/oz, palladium at $756.00/oz and rhodium at $1,225/oz.

Monday, February 18, 2013

U.S. Dollar Rally Reason for Falling Gold Price / Commodities / Gold and Silver 2013

By: Donald_W_Dony

Gold's recent decline has brought into question, with many investors, why the price of the metal is falling and where it will find support.

Over the last few days, gold has dropped through a key support level at $1650 and descended quickly down to the next lower level at $1600-$1595 (Chart 1).

Monday, February 18, 2013

Silver Prices Remain in a Consolidation Mood / Commodities / Gold and Silver 2013

By: Bob_Kirtley

So far this year silver prices appear to be range trading at around the $30.00/oz level. Gold prices have been under considerable selling pressure which in turn has tended to cap any rally that silver could muster. The anecdotal evidence suggests that the demand for physical silver remains strong, however over on the COMEX the paper shorts appear to have the whip hand.

Sunday, February 17, 2013

What Will Happen to Gold and Silver Stocks if the Stock Market Tanks? / Commodities / Gold and Silver Stocks 2013

By: Clive_Maund

If this is the best that the Precious Metals sector can do when the broad market is rising, as it has been, then what is likely to happen when the broad market drops? This is the question that is, or should be, exercising the minds of investors or would be investors in the sector right now. Today we are going to address this issue head on.

Before we look at the prospects for the Precious Metals sector itself, we are going to examine the charts for the broad market S&P500 index in an effort to determine its course in the months ahead.

Sunday, February 17, 2013

Gold: What Goes Up, Goes Down / Commodities / Gold and Silver 2013

By: Andrew_McKillop

DR. GREENSPAN'S LEGACY
Alan Greenspan is very far from being ashamed, lying low and offering No Comment - he is a great man, he thinks, and some leading mainstream media editorialists also think. Commenting his track record from the standpoint of money in circulation, the gold price, and gold mining company stock, with a look at previous outbreaks of the situation we have today,  Mark J. Lundeen said:

Sunday, February 17, 2013

Gold 1550 to 1570 For a Range Trade, If It Gets There / Commodities / Gold and Silver 2013

By: Jesse

This looks like a long consolidation, with a range trade of 1550 to 1800.

If we do get down as low as 1570 one might be inclined to step in and buy, adding to longer term holdings and for a trade, with an eye to that 1550 as a low and an upside target north of 1700.

Sunday, February 17, 2013

Copper Poised For Breakout While Gold And Silver Falter / Commodities / Copper

By: Michael_Noonan

One concept to keep in mind when making a trade selection is that of relative
strength. Given the choice of two or more trade candidates to buy, always go
with the strongest performer. When selling, always sell the weakest one. This
is a simple factor that often gets overlooked. Go with proven strength. Go with
anything that is proven or confirmed. The odds are then in your favor.

Saturday, February 16, 2013

Gold And Silver Current Decline Not Over / Commodities / Gold and Silver 2013

By: Michael_Noonan

We often make a distinction between buyers of physical precious metals, [PMs] and buyers of futures, exhorting the former to buy with impunity, and some may see that as cavalier, given how the price for both gold and silver have been in recent decline.

The point for buyers of PMs is for both protection and creation of wealth. Protection against insidious central bankers destroying currency-purchasing power, over time, and wealth creation as evidenced by those buying PMs over the past decade and seeing the intrinsic value grow dramatically.

Saturday, February 16, 2013

Gold Cycles, Where is he Bottom? / Commodities / Gold and Silver 2013

By: Ed_Carlson

Gold has been moving essentially sideways for more than a year since printing a high in August/September 2011. With last week's drop to below the lows of last December/ January many investors must be asking 'where is the bottom in gold?'

Saturday, February 16, 2013

Gold Long-term Trading Cycles Implications for Future Price Moves / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

This week price moves in the gold market could certainly give investors the creeps. The yellow metal opened at around $1,668 on Monday, closed $1,634 on Thursday and is currently (at the moment of writing these words) at $1,606.

We have stressed it many times that in order to make long-term investment decision one should put more weight on long-term charts rather than focusing on short-term noise. Today we will focus on the long-term gold chart - it gives the most insight into what may happen in the long run. Let us jump straight into it (charts courtesy by http://stockcharts.com)