Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, May 23, 2012
Comparing Gold's Current Price Crash to the One in 2008 / Commodities / Gold and Silver 2012
By: Simit_Patel
The chart below tells the story. I think gold is simply repeating what happened in 2008.
Wednesday, May 23, 2012
Hedge Funds Re-evaluate Gold’s Potential / Commodities / Gold and Silver 2012
By: Clif_Droke
Gold’s biggest problem since February has been one of relative weakness. This weakness in turn has kept the market-moving hedge fund players away from gold. But as we’ll see in the latest commentary, that may be about to change.In late February when the gold price rallied sharply to its highest level of the year at $1,793 it looked, on the surface, like gold was finally about to break out of its holding pattern since last September when the metal took a sharp dive. The February rally proved to be a “head fake” however. The yellow metal took another plunge within days of making its late February high at $1,793 and fell to a low of $1,538 on May 16.
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Wednesday, May 23, 2012
Gold and Silver Long-Term Trading Signal / Commodities / Gold and Silver 2012
By: J_W_Jones
Long time readers know that I have been and remain bullish on gold and gold stocks in the longer-term. However, the reasons why I believe gold and silver will perform well in the longer-term are a bit different than what many economists and pundits are expecting.
I am a contrarian by nature. I generally try to do the opposite of the crowd in every situation I find myself regardless of whether I am in a movie theater or trading options. Before getting into the gold and gold miners analysis, I thought I would explain my position publicly to readers. I do not consider myself an expert economist, but I try to read those who many consider to be experts looking for similarities in their viewpoints and expectations.
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Tuesday, May 22, 2012
What Is Volume Telling Us about Gold Stocks? / Commodities / Gold & Silver Stocks
By: Jeff_Clark
Jeff Clark, Casey Research writes:
I've read articles from more than one analyst claiming that gold stocks are down on low volume, implying there's a lack of interest in precious metals. While on the surface that seems like an obvious statement, their point is that most of the recent volume has been coming from sellers and thus exaggerating the recent decline.
Tuesday, May 22, 2012
Has Gold Finally Bottomed ? / Commodities / Gold and Silver 2012
By: Clive_Maund
"Has gold finally bottomed?" That is the big question we are going to attempt to answer in this update. Last week it bounced sharply after it arrived at the strong support at its September and December lows. This was a development that was easy to predict and it was predicted on the site hours before the bounce started.
Tuesday, May 22, 2012
Silver Presenting Excellent Risk Reward Opportunity / Commodities / Gold and Silver 2012
By: Clive_Maund
The patterns forming in gold and silver are remarkably similar, and much of what has been written in the parallel Gold Market update applies equally to silver, so it will not be repeated here. The big question is "has silver finally bottomed?" - that is the question that we are going to attempt to answer in this update.
Tuesday, May 22, 2012
Gold Physical Demand Rises as Consumer Adjust / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE PRICES to buy gold fell further from $1600 an ounce in London on Tuesday morning, finding a floor at $1575 as European stock markets rose for the second day running after falling for two weeks in succession.
Commodity prices were mixed, but silver bullion also reversed an earlier fall, bouncing off $28.05 per ounce.
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Tuesday, May 22, 2012
Mining Stocks: How Long Will the Downturn Last? / Commodities / Metals & Mining
By: Money_Morning
Martin Hutchinson writes:
Over the last twelve months mining stocks have substantially underperformed the market.
In fact, the Standard and Poor's Metals and Mining select industry index (INDEXSP: SPSIMM) is off 35% in the past year, while the overall market is up 2.5%.
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Tuesday, May 22, 2012
Swiss Parliament Examines ‘Gold Franc’ Currency Today / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,575.75, EUR 1,233.95, and GBP 998.76 per ounce. Yesterday's AM fix this morning was USD 1,590.25, EUR 1,245.20, and GBP 1,005.34 per ounce.
Silver is trading at $28.18/oz, €22.18/oz and £17.94/oz. Platinum is trading at $1,462.00/oz, palladium at $607.10/oz and rhodium at $1,275/oz.
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Tuesday, May 22, 2012
The People Have Spoken, Gold and Silver Markets Will Soar / Commodities / Gold & Silver Stocks
By: The_Gold_Report
The elections in Greece and France have shown that in democratic societies the people are the ultimate deciders of how well the best-laid economic plans will work out in the long run. In this exclusive interview with The Gold Report, Leonard Melman, veteran precious metals analyst and publisher of The Melman Report, talks about the implications of the recent European elections on the prospects for the gold and silver markets. He also discusses some of his favorite stock picks for taking advantage of the huge rebound he sees in the metals markets later this year.
Tuesday, May 22, 2012
Real Gold Price Holds the Cards for Gold Bullion and Gold Stocks / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
We often write about the real price of gold (RPG) as it is a leading macro indicator and leading indicator for gold stock fundamentals. The RPG is simply a measurement of Gold in terms of various markets such as commodities, stocks or currencies. If the RPG is broadly outperforming then it could be signaling credit stress and even an economic contraction. If equities and commodities are outperforming Gold then it signals an improving economic environment and an improving credit environment. We also note that a strengthening RPG in itself is a catalyst for improving margins for gold miners. Furthermore, since a rising RPG is a contractionary signal, it can also be a catalyst for Fed action. The RPG appears to have bottomed and looks likely to trend higher in the coming months.
Tuesday, May 22, 2012
How Strong is Global Gold Demand? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
According to the latest Gold Demand Trends report by the World Gold Council, the world continues to have a strong appetite for the precious metal, despite higher prices in the first-quarter of 2012 when compared to a year earlier.
First-quarter global gold demand totaled 1,097.6 tonnes ($59.7 billion), which represents a 5 percent decrease from 1,150.7 tonnes ($51.3 billion) in the same period last year. Although the demand in tonnes decreased, the decline was not too worrisome considering the average price for an ounce of gold was 22 percent higher this year. Furthermore, the dollar amount of gold invested in the first-quarter was 16 percent higher than last year and only 11 percent below its record of $67.1 billion set in the third-quarter of 2011. In dollar value terms, almost all gold demand posted year-over-year increases.
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Tuesday, May 22, 2012
Gold: The World's Friend for 5,000 Years / Commodities / Gold and Silver 2012
By: Frank_Holmes
Facebook's highly anticipated initial public offering today helped the company raise $16 billion, a record for tech IPOs. It's refreshing to see investor excitement rally around the stock, as the U.S. needs innovative businesses to thrive and attract capital. However, as behavioral finance warns, be cautious of a herd mentality.
Monday, May 21, 2012
QE3 "Not Off the Table" as Euro Crisis Gives Gold Significant Upside / Commodities / Gold and Silver 2012
By: Adrian_Ash
WHOLESALE MARKET spot gold prices hit a 7-session high just below $1600 per ounce in London trade early Monday, before dropping back through last week's finish at $1593 as European stock markets rose for the first time in two weeks.
Spanish and Portuguese bond prices both fell, as did "safe haven" German and US debt.
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Monday, May 21, 2012
John Embry and James Turk on why the Gold Bull Market isn't Over / Commodities / Gold and Silver 2012
By: Submissions
Paul Buitink writes: This conversation between James Turk and John Embry was recorded on Friday 18 May.
They discuss recent volatility and panic in the gold and silver markets. According to John Embry markets are now highly oversold. He mentions the “leap day slaughter” and the counterintuitive situation in which gold and silver prices went down on the backdrop of negative economic news and money printing. Natural selling followed forced selling.
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Sunday, May 20, 2012
Small Cap Gold Resources Investing, An Extraordinary Time to Be in the Driver's Seat / Commodities / Gold and Silver 2012
By: The_Gold_Report
Aaron Kennon, co-founder and CEO of Clear Harbor Asset Management, shares some of his company's trade secrets in this exclusive interview with The Gold Report. Educating yourself is critical before investing, and Kennon suggests questions to ask, what specialized knowledge your adviser should know and why small-cap and junior resource equities are offering surprisingly thrilling returns.
The Gold Report: Clear Harbor Asset Management actively invests in resource equities, and it's doing so during one of the most bearish periods ever for resource equities, particularly for small-cap resource equities. Some institutions are leaving the space altogether while others are reducing their exposure. What are your plans?
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Sunday, May 20, 2012
Throwing BRICS Into the Fire of Gold and Silver Investment Demand / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
Despite ongoing pressure from the United States for China to join its sanctions against Iran due to concerns over the Islamic country’s nuclear program, an Iranian diplomat recently revealed that new energy trades between Iran and China will be settled in China’s official currency the yuan.
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Saturday, May 19, 2012
Gold Bottom is In, But is it September 2008 or October 2008? / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
We began the week by making a ballsy prediction about the precious metals complex. We believed a major bottom could happen this week. In the wake of the European debt crisis and potential "credit events," the precious metals became extremely oversold based on a number of metrics. Technically, we saw that Gold and Silver were nearing the December lows which produced a good rally. The gold stocks were nearing the 50% retracement of their 2008-2011 bull move. The combination of an extreme oversold condition and technical support usually produces bottoms. It wasn't a difficult call but putting it on paper was. With the low in, the question now becomes, is this an interim bottom or will it be the major low we initially expected?
Saturday, May 19, 2012
Is Major Decline in Gold and Silver Stocks Underway? / Commodities / Gold & Silver Stocks
By: Przemyslaw_Radomski
All eyes are on Greece which is heading toward national elections six weeks after the last vote. Many feel that a Greek euro exit would be a chance to cauterize a festering wound and move on. There are also those that feel that Greece could be the first of several dominoes to fall, much larger economies such as Spain, Italy, for example.
Saturday, May 19, 2012
Gold Stock Capitulation / Commodities / Gold & Silver Stocks
By: Zeal_LLC
Gold stocks have been pummeled mercilessly this month, their price action looking almost apocalyptic. The psychological stress spawned by such extreme weakness is intense, breaking the wills of this sector’s few remaining bulls. This week their selling cascaded into a full-blown capitulation, a mass surrender by weary investors. While exceedingly miserable, these events flag major long-term bottoms.