Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, May 03, 2013
Gold And Silver Bullion Coin And Bar Shortages Continue / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Yesterday’s AM fix was USD 1,456.00, EUR 1,106.22 and GBP 935.07 per ounce.
Thursday, May 02, 2013
Gold Recovers Amidst Economic Uncertainty / Commodities / Gold and Silver 2013
The selloff in gold that captured the world's attention in mid-April has revealed some truths about how the market trades and the sentiments of many of the investors who have piled into the trade over the past few years. While the correction does highlight a higher degree of uncertainty than many of the most ardent gold advocates had anticipated, it does not represent the historic "end of an era" reversal that the many in the media have so gleefully suggested. In many ways, the market has shown a resiliency that its detractors do not understand.
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Thursday, May 02, 2013
The Great Gold Redemption / Commodities / Gold and Silver 2013
The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold selloff: many large players were motivated to sell by news that Cyprus will have to liquidate its gold stockpiles to pay off acute debt obligations. But just a moment's reflection shows this reaction to be knee-jerk.
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Thursday, May 02, 2013
China Shanghai's Gold Premium Crash / Commodities / Gold and Silver 2013
LONDON PRICES for gold and silver both ticked higher Thursday morning, recovering half of Wednesday's 2.4% and 4.6% falls respectively.European stock markets reversed earlier losses and commodities also bounced after the European Central Bank decided – as widely expected – to cut its key interest rate to a new all-time low of 0.5%.
Thursday, May 02, 2013
Gold Mining Stocks Dead Cat Bounce? / Commodities / Gold and Silver 2013
In the last seven months or so we have seen the Gold Bugs index, HUI, fall from 520 in October 2012 to 283 today 01 May 2013, registering a loss of 45% in the value of its constituents. The last four weeks has seen the HUI drop 100 points followed by a bounce of 23 points. Many are of the opinion that the bottom is in and are hopeful of a decent rally from this point in order to restore some normality to this tiny sector and repair their investment accounts. The chart below depicts the plight of the gold miners and the severity of the recent carnage that has decimated the stock prices at a time when they need all the friends they can get.
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Thursday, May 02, 2013
How to Stress Test Gold Stocks / Commodities / Gold & Silver Stocks
Gold prices are down in the short term, but the commodity metal is here to stay, says geologist Joe Mazumdar. In this interview with The Gold Report, the Canaccord Genuity analyst assesses the current situation and compares the performance potential of the majors with the mid caps. He backs up his analysis and predictions with a few solid companies that are positioned to weather the storm.
The Gold Report: Where can long-term gold investors look for safety during times of market turbulence?
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Wednesday, May 01, 2013
Chocolate for Cocoa, Or What's Gold Really Worth? / Commodities / Gold and Silver 2013
Spying direction is hard enough in precious metals right now without confusing form and location...
SO WHAT'S your gold or silver really worth today? Like everything else, it's worth the most that somebody else will pay you for it, right here and now. That's the simple truth, as last month's crash proved all too plainly.
There were no gold buyers in size on Friday 12th and Monday 15th April, not between $1550 and $1325 per ounce. But gold has found plenty of buyers since then, after finding a floor more than 30% below its peak of September 2011.
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Wednesday, May 01, 2013
U.S. Corn Crop - Too Cold or Wet Yet / Commodities / Agricultural Commodities
Let us start by remembering the most important aspect of Agri-Commodities. They are not produced in a factory. Corn, today's example, is produced by placing a seed in dirt with the proper amount of water and nutrients. Of that complete process nothing happens til the seed is planted. If no seeds are planted, no corn. All that happens only once a year.
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Wednesday, May 01, 2013
Gold - CME President “They Don’t Want Certificates, They Want the Real Product” / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,469.50, EUR 1,113.60 and GBP 942.95 per ounce.
Yesterday’s AM fix was USD 1,472.75, EUR 1,126.13 and GBP 950.04 per ounce.
Gold climbed $5.60 or 0.38% yesterday to $1,476.00/oz and silver finished down 0.27%.
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Wednesday, May 01, 2013
Gold - 15 Days in April / Commodities / Gold and Silver 2013
Editor's note: Assembled below are fifteen of the best insights and observations on one of the strangest and confusing fifteen day periods in the history of the gold market -- a flash crash, a global rush to purchase and a healthy bounce.
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Tuesday, April 30, 2013
Treachery, Fraud, Protection, Gold Mega-Action and Mega-Consequence / Commodities / Gold and Silver 2013
The Fascist Business Model came into vogue in 2001. The merger of state with the largest of corporations, primarily the big banks, the big defense contractors, the big news media networks, and the big pharmaceuticals, has created a chokehold around the neck of the nation, without 5% recognizing the function of the model during the strangulation in progress. The merger with the deeply corrupted corporations in power became standard fixtures following the 911 attacks, an elaborate self-destruction of the fundamental structure of the nation and its priorities by the syndicate. Think a massive elaborate bank heist of gold bars, bearer bonds, and diamonds, but such discussion belongs in other venues. Let it be said that the events of September 2001 were the syndicate coming out party and the Patriot Act their Nazi Manifesto, with painfully little recognition of events by the sheeple masses or the subservient press talking heads. The national socialists are back in force after a 70-year hiatus, with far more toys and devices. Their telltale signals are bank welfare and a flag wrapped in a cross with unending press coverage of terrorism. During the last twelve years, financial treachery and banking criminality have run rampant in a true global spectacle, their stock & trade. However, treachery with permitted bank and bond fraud, rigged financial markets, naked short ambushes, flash crashes, and lawsuits that convert criminal procedures into standard low business costs all have resulted in profound consequences.
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Tuesday, April 30, 2013
U.S. States Start Shutting Down Gold Bullion Dealers / Commodities / Gold and Silver 2013
If you don't own gold yet, you might really want to hurry up and get some. We keep saying it, but this time it's not just because physical precious metals are getting incredibly scarce. Purchasing gold may become outright illegal if what's going on in Connecticut is any indication. Even if Connecticut's plan to track all gold sales isn't a harbinger for a modern day Roosevelt-like ban on gold ownership, it will at the very least drive gold bullion dealers out of business with the cost of complying with the new regulation. That will create artificial scarcity in Connecticut and could set a precident for other US States.
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Tuesday, April 30, 2013
Buy Gold NOW! / Commodities / Gold and Silver 2013
You've undoubtedly read about the dramatic increase in demand for gold and silver bullion products since the big correction two weeks ago. Supply has gotten tight, premiums are rising, and inventory is hard to come by, especially for certain silver products.
But it's worse than you may know. Many of these reports come from the retail side of the business, including those from sovereign mints. This information is indicative, but more important is the activity among the wholesalers. It's possible the retail trade is just experiencing a giant bottleneck, which would come with a different set of conclusions than if behind the scenes the wholesale industry is seeing net sales.
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Tuesday, April 30, 2013
The Gold Price Crash BEFORE the Climb / Commodities / Gold and Silver 2013
The NASDAQ 100 index peaked at 1,485 in July 1998. It subsequently crashed to below 1,070 in October 1998, a loss of about 28%. But, it climbed back to nearly 5,000 in March 2000, a rally off the low of over 350% in 17 months.
The S&P 500 index peaked in October 2007 around 1,575. It subsequently crashed below 670 in March 2009, a loss of about 57%. But, it climbed back to nearly 1,600 in April 2013, a rally off the low of over 135% in 49 months.
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Tuesday, April 30, 2013
Silver’s Bullish Cup Price Pattern Formation / Commodities / Gold and Silver 2013
The most significant fact about silver, from a charting point of view, is the mega cup pattern formed over a period of more than 30 years.These cup (or cup and handle) patterns are very bullish formations. Below is a long-term silver chart showing the mega cup formation as well as two smaller cup formations:Read full article... Read full article...
Tuesday, April 30, 2013
Gold's Recovery Rally Appears to be Faltering / Commodities / Gold and Silver 2013
FOLLOWING a dip during Asian trading, the gold price climbed back above $1470 per ounce Tuesday morning in London, broadly in line with where it was a day earlier, with China's markets shut for this week's Labor Day holiday.
Silver ended the morning in London around $24.40 an ounce, also little-changed from a day earlier, while other commodities and stock markets failed to hold onto gains from earlier in the day, while US Treasuries gained.
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Tuesday, April 30, 2013
Has Gold Bullion Price Hit Rock Bottom? / Commodities / Gold and Silver 2013
Sasha Cekerevac writes: As is quite evident from the past couple months, investing in gold can be rather volatile. Clearly, the huge sell-off in the price of gold bullion over the past couple of weeks has shocked some people; an interesting result has been the reaction from the retail public, as many are now buying gold bullion in record amounts.
Last week, the United States Mint actually ran out of the smallest American Eagle gold coin, and sales to India were 20% higher than the previous record, according to Standard Chartered PLC. Clearly, physical demand remains strong for gold bullion. (Source: Roy, D., et al., “Gold Rout for Central Banks Buying Most Since 1964: Commodities,” Bloomberg, April 25, 2013.)
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Tuesday, April 30, 2013
Gold and Silver, When Will the Bottom Be? / Commodities / Gold and Silver 2013
In this weekend report I would like to answer some questions presented at the forum this weekend. First lets look at silver and see what the charts are telling us especially after last weeks price action. Lets start with a daily look that shows the downtrend channel that began back in October of last year. You can see all the different chart patterns we’ve been following during this delcine. You can see what happens when a strong support rail gives way. The bulls were exhausted and the bears took charged and moved the price down to the 22 area where we are getting our first counter trend rally after the breakout.
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Tuesday, April 30, 2013
Gold Traders and Investors Get Ready To Rumble! / Commodities / Gold and Silver 2013
On April 12th I wrote a blog post titled Precious Metals Melt-Down, and How To Manage It.I talked about how gold, silver and gold mining stocks have been flying under the media radar for over a year and that they were not catching the attention of traders, investors and the public anymore. I also said it would take some sharp price action (breakdown or rally) for it to be front and center again on TV, Radio and Newspapers.
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Tuesday, April 30, 2013
Gold's Plunge Ultimately Healthy for Precious Metals Sector / Commodities / Gold and Silver Stocks 2013
Market volatility sets the stage for price upswings as well as down, according to Michael Gray, equities analyst of Macquarie Capital Markets, and the recent gold price drop should be seen as a "pause" in the bull market. Management teams are pausing as well, to focus on earnings and shareholder return, rather than growth. In this interview with The Gold Report, Gray says this is the time to buy the best companies you can while they are discounted to fire sale prices, and he offers several names in jurisdictions from South and North America in the junior explorer space.
The Gold Report: On April 15, gold dropped to a two-year low as panic selling set in across many mine commodities. Was this the larger players showing the retail market who is in control or was it inevitable?
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