Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, March 14, 2013
How Not To Make Gold Money / Commodities / Gold and Silver 2013
Ed Bugos writes: Can gold be the money of the free market if the violent monopoly of government gets behind the effort? This utterly wrong notion is what Ralph Benko seems to be suggesting in his recent article on NationalInterest.org titled "How to Go Gold".
Basically Benko sees a return to gold through world government initiative and collaboration, starting with the US president. He appears to cite evidence that this is underway, starting with the central bank's buying of gold. Then Benko concludes by citing Lewis Lehrman's 5 steps back to a "classical" gold standard:
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Thursday, March 14, 2013
From 401k to Retirement Gold / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: Just how do you go about putting physical precious metals into your retirement account...?
So I have just left a company where I had accumulated a nice amount of retirement funds in my 401K plan.
Like most people, for me a nice amount is any money that somehow hasn't gone to pay for college tuition. So I found myself for the first time in a long time needing to consider what to do with a small chunk of change.
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Thursday, March 14, 2013
Will We See a Silver Price Breakout in 2013? / Commodities / Gold and Silver 2013
Silver has been trading sideways so far in 2013, but what will the rest of the year bring? Will 2013 be the year silver prices break out or crash and burn? What is a sustainable silver price for mining companies and where will the metal come from to supply the next generation of industrial and investment demand? Most important, how can investors make money off this volatile sector? These were the burning questions The Gold Report took to analysts, money managers and heads of silver mining companies. The answers may surprise you.
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Wednesday, March 13, 2013
How Rockefeller Parlayed Pipelines into Billions / Commodities / Oil Companies
For at least two thousand years, the Chinese of Sichuan, in south-central China, have dug or drilled holes to tap a briny aquifer, the trapped remains of an ancient inland sea. They boiled down the brine to make crystals of sodium chloride – salt – a food preservative and seasoning so critical in the days before refrigeration that whole civilizations flourished or waned based on its commerce.
The story goes that one day a lightning bolt struck one of the wells, sending a pillar of fire tens of meters into the air. Excited locals named the phenomenon "Wells of Fire." They didn't yet realize it, but they had discovered that natural gas is often associated with salt resources.
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Wednesday, March 13, 2013
Don’t Believe the Chart: Gold Still Looks Promising / Commodities / Gold and Silver 2013
George Leong writes: While I do like gold, I’m somewhat perplexed over the metal’s near-term stock chart. The chart shows indecision and indicates a potential downside break at $1,550, with gold potentially falling out of its current sideways channel.
And it also appears that the professional money has mixed feelings about gold. Famed investor George Soros cut his gold holdings, but Paulson & Co. made no changes. (Source: Rooney, B., “Soros dumps gold as prices sink,” CNN, February 16, 2013, last accessed March 12, 2013.)
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Wednesday, March 13, 2013
Gold Being Strongly Influenced by Technicals / Commodities / Gold and Silver 2013
U.S.DOLLAR gold prices ticked higher to $1597 per ounce Wednesday morning, holding gains from a day earlier, as the Dollar fell against the Euro despite warnings from a prominent Eurozone policymaker that the crisis in the region is not over.
Gold in Euros rose to its highest level this month at €1229 an ounce, in contrast with gold in Sterling, which failed to move back above £1070 an ounce as the Pound recovered some ground against the Dollar after hitting a fresh two-and-a-half-year low yesterday.
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Wednesday, March 13, 2013
It's Time to "Pull the Trigger" on Gun Stocks / Commodities / Gold and Silver Stocks 2013
Don Miller writes: U.S. gun sales are at an all-time high. Ammo is flying off store shelves as well.
And that bodes well for companies in the firearms industry, putting the three mentioned below on many investors' "stocks to buy" list.
Fact is, demand for guns and ammo over the past few months is breaking all records. Just take a look at statistics compiled by the FBI's National Instant Criminal Background Check System (NICS).
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Tuesday, March 12, 2013
Oil Explorers Beware: Hackers Are Eyeing What You Know / Commodities / Oil Companies
While most would think that the risks junior oil and gas companies are taking in exploring new frontiers as far away as the remote reaches of Africa are related to government instability and conflict, another risk they face is right at home and lies right beyond their network firewalls.
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Tuesday, March 12, 2013
Gold Breaches $1590 after Weidmann Says "Eurozone Crisis Not Over / Commodities / Gold and Silver 2013
AFTER trading sideways for several sessions, gold bullion jumped above $1590 an ounce for the first time this month Tuesday morning in London, in what analysts called a "technical" move after gold broke through a key level following remarks from Bundesbank president Jens Weidmann.
"We see support at the bottom of the sideways range at $1561 and resistance at the top at $1586," said yesterday's technical analysis note from Scotiabank.
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Tuesday, March 12, 2013
Don't Ignore This Bullish Trend in Gold / Commodities / Gold and Silver 2013
Jeff Uscher writes: Gold prices have been languishing in recent weeks as investors have been drawn into riskier assets such as equities.
New highs in major world stock indices including the Dow Jones Industrials and the Nikkei 225 have investors looking for higher returns.
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Tuesday, March 12, 2013
A Beginner's Guide to Buying Physical Silver / Commodities / Gold and Silver 2013
William Patalon III writes: We get deluged with questions here at Private Briefing. And it's no surprise to me that the bulk of them are excellent queries. We answer them in different ways ... some by writing back to the subscriber ... and some as secondary topics in the daily column.
Many of your questions - like the dozens of requests we recently received about graphene - lead to actual recommendations or even special reports. Other queries will form the basis of "roundup-style" Q&As with our band of experts.
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Tuesday, March 12, 2013
Shanghai Gold Exchange Sees Volumes Jump 24% In Year / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,582.50, EUR 1,216.37and GBP 1,065.30 per ounce.
Yesterday’s AM fix was USD 1,577.50, EUR 1,213.28 and GBP 1,058.37 per ounce.
Silver is trading at $29.18/oz, €22.53/oz and £19.71/oz. Platinum is trading at $1,605.25/oz, palladium at $773.00/oz and rhodium at $1,200/oz.
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Tuesday, March 12, 2013
As Investors Flee Gold ETFs, Central Banks Jump in as Bigger Buyers / Commodities / Gold and Silver 2013
While mainstream financial and a growing number of economic forecasters focus on investors fleeing the gold bullion market, I am following in the footsteps of central banks around the world…
Investors pulled out a record amount of money from gold bullion-backed exchange-traded funds (ETFs) this past February. A total of $4.1 billion was withdrawn from gold bullion ETFs last month, the largest single-month outflow since January of 2011. (Source: ETF Trends, March 6, 2013.)
Tuesday, March 12, 2013
Trapped Longs in the Gold Market / Commodities / Gold and Silver 2013
The following article is an excerpt from one of our past updates “Gold Beaks Down, Tests $1600”, sent to our subscribers February 18th 2013, when gold was $1726 (now $1580) and the HUI miners index was 520 (now 349). We believe that this information is very relevant in the current market situation, as well as for future situations, and have therefore decided to publish this piece for the perusal of the general public.
Monday, March 11, 2013
Gold Continues to Work Through Consolidation / Commodities / Gold and Silver 2013
Tonight’s chart is a daily bar chart for gold that shows all the consolidation patterns since hitting the top of the rectangle back in October of last year at 1800 or so. If gold was ready to break below the bottom rail of the big rectangle, today would have been a good time to do so. Because it didn’t breakdown this morning that tells me the sideways correction that has been going on already for almost 3 weeks now, still has more work to do. Below shows what I think could be a smaller red rectangle that is forming below the brown shaded support and resistance zone that may end up being just one more consolidation pattern to the downside.
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Monday, March 11, 2013
Silver - Keep It Simple! / Commodities / Gold and Silver 2013
- Nixon dropped the link between the dollar and gold in 1971. Thereafter, the money supply rapidly expanded, consumer price inflation went wild, and both silver and gold increased in price by over a factor of 20 in early 1980.
Monday, March 11, 2013
Gold Flat in "Uneventful" Market and US Recovery Could Be Bearish / Commodities / Gold and Silver 2013
U.S. DOLLAR gold prices continued to hover around $1580 an ounce Monday morning, in line with last week's trading, while silver dipped back below $29 an ounce after making slight gains in Asian trading.
Sterling and Euro gold prices were also flat, hovering around £1060 and €1215 an ounce respectively.
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Monday, March 11, 2013
Why I Continue to Like Black Gold / Commodities / Crude Oil
George Leong writes: Oil is one of the most volatile of the commodities and fluctuates with the prospects of the global economy and of course the happenings in the Middle East.
Yet, if you really look forward, how can you not like oil given the growth in China and, more importantly, the emerging growth in India?
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Monday, March 11, 2013
Gold And Silver Traders Reduce Long Positions Again / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,577.50, EUR 1,213.28 and GBP 1,058.37 per ounce.
Friday’s AM fix was USD 1,577.00, EUR 1,204.18 and GBP 1,049.10per ounce.
Silver is trading at $28.91/oz, €22.32/oz and £19.50/oz. Platinum is trading at $1,600.75/oz, palladium at $772.00/oz and rhodium at $1,200/oz.
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Monday, March 11, 2013
Silver Miners, Gold Miners and the Price Of Gold / Commodities / Gold and Silver 2013
Silver and silver mining stocks are front and center for investors and active traders. Because of silvers high volatility (large price swings) it naturally attracts a lot of attention.
First you have seasoned investors who are waiting for the right opportunity to get long or short for the next move. Then you have the active traders playing the day to day price swings. Finally you get the gamblers who are salivating over the potential to double their accounts and are riding the commodity on pure emotions (Fear & Greed). All these things compound the volatility for the investment making it headline news and what everyone wants to be involved in.
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