Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, November 02, 2012
U.S. Presidential Elections and Stock and Gold Price Swings Analysis / Commodities / Gold and Silver 2012
By: P_Radomski_CFA
We summarized our previous essay (Oct 31, 2012) by stating that the correction in metals may not be over yet. It looked like it’s over in case of the mining stocks, at least in terms of price.
This has been quite a week. Not only has the hurricane Sandy showed us how vulnerable we are to the large and indifferent forces of nature, but we also saw how markets can plunge even though the fundamental situation did not deteriorate. In the short run markets don’t act on fundamentals – they move based on investors’ emotions and short-term price swings will always be present. Just as we can’t eliminate weather’s unpredictability, we can’t control what will happen on the market in the short run, even though we are convinced about the existence of the gold bull market. There are some things that we can do about it though – in both cases we can prepare to some extent. In case of the stock market and the precious metals market we can use charts and technical analysis to estimate what may be waiting just around the corner. In the following part of the essay we will do just that and we will focus on stocks, crude oil and gold markets.
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Friday, November 02, 2012
Gold Stock Investors Chasing the Rainbow / Commodities / Gold & Silver Stocks
By: Richard_Mills
Robert Lee Hatcher was born June 24th 1867 in Montague, Texas. He arrived in Alaska in 1888. Hatcher had started prospecting in White Oaks, New Mexico, came north at twenty-one, spent time prospecting in Atlin, Canada, and southeast Alaska before heading to south-central Alaska.
In September 1906, Hatcher located hard rock gold. The Skyscraper Vein was a quartz gold claim 1,200 feet above the floor of Fishhook Valley and nearly 5,000 feet above sea level. It was on a ridge below Skyscraper Mountain in the southern Talkeetna Mountains.
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Friday, November 02, 2012
Silver SLV ETF Impact / Commodities / Gold and Silver 2012
By: Zeal_LLC
Silver is no doubt tiny on the grand commodities scale. But its attractiveness, spearheaded by a 1000%+ bull-to-date gain to its latest high, has spawned a wide range of products for investors to partake in. And one of the most unique and powerful is the SLV iShares Silver Trust ETF.
This ETF’s objective is quite simple, to mirror the price of silver (minus a small management fee of course). But while simple in its objective, two unique traits have allowed SLV to take the silver market by storm. First is SLV offers a bridge for stock-market capital to track the price movements of a high-flying commodity, which historically had only been an arena for the futures guys. And second is it uses this capital to buy the physical metal.
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Friday, November 02, 2012
Gold and Silver Fall Ahead of U.S. Jobs Data / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET prices to buy gold in Dollars dropped to below $1710 an ounce Friday morning, reversing gains from earlier in the week, while stocks and commodities fell and the US Dollar rallied ahead of the release of key US jobs data.
The Bureau of Labor Statistics is due to publish its monthly 'Employment Situation' report at 08.30 EDT, which will include the official nonfarm payrolls estimate for the number of private sector jobs added in October. Consensus forecast among analysts is for 125,000 jobs added, while the unemployment rate is expected to tick higher to 7.9%, up from 7.8% in September.
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Friday, November 02, 2012
Why Gold will benefit from the Global Debt Crisis / Commodities / Gold and Silver 2012
By: Clif_Droke
One of the most common questions that I’m asked goes something like this: “If the deflationary long-term cycle is in its ‘hard down’ phase until 2014, why should we expect gold’ value to rise? Shouldn’t we instead expect to see a rising dollar along with a falling gold price?”Read full article... Read full article...
Thursday, November 01, 2012
Gold Bullion Held Within America and Foreign Countries, Much Is Really There / Commodities / Gold and Silver 2012
By: InvestmentContrarian
With the rise of instability within the European Union (E.U.), gold bullion has become increasingly attractive as a backstop. Next to America, Germany has the second-largest holding of gold bullion, with approximately 3,600 metric tons. What is interesting at the current moment is that many voices within Germany are calling for the Bundesbank, its central bank, to check its international holdings, namely in the U.S., as not all of the gold bullion held by Germany is being stored on the country’s own soil.
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Thursday, November 01, 2012
Gold and Silver Rise as China's Long-Term Demand Forecast to Keep Growing / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE PRICES to buy gold rose to 7-session highs in London on Thursday morning, touching $1726 per ounce even as new data showed US employment rising at its fastest pace since February.
The private-sector ADP payrolls report said the US added 158,000 jobs in October. Earlier data from the manufacturing sector in China, the world's #2 gold consumer, showed its slowdown to be easing.
Thursday, November 01, 2012
Gold Enters Strong Seasonal November, Targets 5% Gain / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,723.25, EUR 1,330.59, and GBP 1,065.64 per ounce.
Yesterday’s AM fix was USD 1,718.00, EUR 1,321.54, and GBP 1,065.89 per ounce.
Silver is trading at $32.60/oz, €25.25/oz and £20.26/oz. Platinum is trading at $1,576.50/oz, palladium at $612.80/oz and rhodium at $1,100/oz.
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Thursday, November 01, 2012
Why Crude Oil Prices Can't Collapse / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes:
The markets opened again yesterday after the tragic storm across the East Coast.
In a world ravaged by storms, geopolitical tensions, rising demand, supply concerns, and increasing costs, it's important to know what's really driving oil prices moving forward.
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Wednesday, October 31, 2012
Why is Crude Oil Price Falling? / Commodities / Crude Oil
By: EWI
After a losing streak, crude oil futures fell as low as $85.69 a barrel -- the lowest price since July.
Predictably, the mainstream energy market observers have blamed the drop on "global economic worries." Of course, we have pointed out before how, on one recent occasion, oil fell in the face of positive economic expectations. And on another recent occasion, oil fell despite the absence of any real news, period.
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Wednesday, October 31, 2012
Central Banks Gold War Begins! / Commodities / Gold and Silver 2012
By: Jim_Willie_CB
A nasty Golden Harp could soon have its cords plucked, with the resonance working to shake loose the bankster cover of improper illicit duplicitous and probably highly illegal usage of Allocated Gold Accounts. When diverse scattered accounts are pilfered and depleted without authorization in Switzerland, resulting in several multi-$billion class action lawsuits in Zurich, all kept dutifully out of the news, that is one thing. But when a few key official government gold accounts are ransacked in systematic fashion from established trusted locations, defying and betraying the trust of the German Govt and other national governments, that is quite another. To be sure, the system can tolerate ransacking and replacing with scurried harried efforts the Venezuelan gold account like in 2011. The media told the story with creativity and aplomb, avoiding the truth, inventing a tale, but finding a credible pile of dung to feed the public, which swallowed it whole.
Wednesday, October 31, 2012
Incredible Gold Charts Show Bullish Outlook / Commodities / Gold and Silver 2012
By: Peter_Degraaf
Technical analysis is a great tool for analyzing where the market has been. Since human beings almost always behave in cyclical fashion, we can observe patterns in market action that tend to repeat. Combined with fundamental studies, TA is applied to the markets by virtually all of the successful traders.Some patterns occur so often that names have been assigned to these patterns such as: ‘Head and Shoulders’, ‘Cup with Handle’ and ‘A.R.A.T.’
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Wednesday, October 31, 2012
United States Continuing Decent into Debt Will Push Gold Price Higher / Commodities / Gold and Silver 2012
By: Giuseppe_Borrelli
Way back in the 1970’s the US began a fateful transition, a transition where we started to confuse the concept of an asset with that of a debt. After the Great Depression it was frowned upon to have debt and that included mortgages on a house, and when a mortgage was paid off all the neighbors would get together and celebrate the event. In fact they would usually burn the cancelled document after consuming a reasonable quantity of alcohol! Well, those days are long gone. Thanks to the Alan Greenspan’s and Ben Bernanke’s of the world, debt was mistaken for an asset. The biggest offender, and role model for the world, is of course the US Federal Reserve.
Wednesday, October 31, 2012
Gold in Consolidation Phase ad US Markets Re-Open / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE gold bullion prices rallied to a one-week high at $1720 an ounce Wednesday morning in London, though they still looked set to record a loss on the month, while European stocks opened higher before losing some ground and US markets prepared to re-open after being closed for two days.
Silver bullion climbed to $32.37 an ounce, also up on the week, while oil and copper ticked higher and US Treasury bonds fell.
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Wednesday, October 31, 2012
If Obama Wins Gold Is Going To Go Through The Roof / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,718.00, EUR 1,321.54, and GBP 1,065.89 per ounce. Yesterday’s AM fix was USD 1,713.50, EUR 1,322.66, and GBP 1,067.07 per ounce.
Silver is trading at $32.78/oz, €24.93/oz and £20.12/oz. Platinum is trading at $1,578.75/oz, palladium at $604.75/oz and rhodium at $1,070/oz.
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Wednesday, October 31, 2012
'Tis The Season For Gold Stocks / Commodities / Gold & Silver Stocks
By: Donald_W_Dony
Gold and gold stocks typically start to advance in the 4th quarter. This year that pattern appears to be right on schedule.
Canada has a great number of gold stocks. Here are four that look as if they are starting the normal season movement.
Tuesday, October 30, 2012
Crude Oil Price and Oil Stocks Seasonality, Trend Forecast / Commodities / Crude Oil
By: Chris_Vermeulen
Crude oil has had some large price swings this year and another one may be on its way. This report shows the seasonality of crude oil along with where oil is trading and what the oil service stocks are telling us is likely to happen going into year end.
Since WTI Crude Oil topped out in September at the $100 resistance level (Century Number) many traders are looking for a bounce or bottom to form in the next week. Historical charts show that on average the price of oil falls during November and the first half of December.
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Tuesday, October 30, 2012
Gold Supply Issues Offer Additional Price Underpinnings / Commodities / Gold and Silver 2012
By: Pete_Grant
Gold turned defensive in recent weeks, weighed by global growth concerns, persistent economic uncertainty in the eurozone and the United Sates, along with a rising lack of clarity about the likely outcome of next week's U.S. Presidential election. However, downside potential is thought to be limited by continued robust demand for the precious metal as a hedge against the global debasement of fiat currencies, as well as ongoing central bank demand for the purposes of reserve diversification.
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Tuesday, October 30, 2012
President Romney "Would Be Bad News for Gold" / Commodities / Gold and Silver 2012
By: Ben_Traynor
THE SPOT MARKET gold price traded just below $1715 an ounce during Tuesday morning's London session, little changed from last week's close, while European stock markets recovered their losses from a day earlier and UK and German government bond prices fell.
"Downside targets will be in focus while the gold price stays below the 17 October high at $1753.86," says Commerzbank senior technical analyst Axel Rudolph.
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Tuesday, October 30, 2012
Gold Being Remonetised As Banks In Turkey Target Gold Worth $302 Billion / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,713.50, EUR 1,322.66, and GBP 1,067.07 per ounce.
Yesterday’s AM fix was USD 1,712.00, EUR 1,326.72, and GBP 1,066.00 per ounce.
Silver is trading at $32.01/oz, €24.80/oz and £19.99/oz. Platinum is trading at $1,551.50/oz, palladium at $593.25/oz and rhodium at $1,075/oz.
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