Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, August 27, 2013
Gold and Silver Pop Like Coiled Springs / Commodities / Gold and Silver 2013
By: Jesse
Gold and Silver Pop Like Coiled Springs
Gold in particular was under pressure since yesterday evening, with a concerted effort being made to hold the line on price around the $1400 level.
This is a big week for gold and silver, with COMEX option expiration tomorrow, and the end of August delivery on Friday, with available inventory at record low levels for this bull market. There was intraday commentary on this here.
Read full article... Read full article...
Monday, August 26, 2013
Gold Price Forecast 2014... Another Brick in the Wall ? / Commodities / Gold and Silver 2013
By: Rambus_Chartology
In this Weekend Report I would like to show you gold from the short term perspective to the long term look and everything between. As you know gold made a bottom back in June of this year that is still the low point for this two year correction. The question on everyone’s mind is this THE BOTTOM? There is never a way to know absolutely for sure until time passes but we can use some Chartology and see what it is showing us.
Saturday, August 24, 2013
COMEX Gold Stocks Plunge To New Low as s JPM Takes a Large Delivery / Commodities / Gold and Silver 2013
By: Jesse
Registered (deliverable) gold on the COMEX fell to a new low as JPM took delivery of 28,809 ounces from Scotia Mocatta.
There were a few transfers from the Eligible to Registered category with the only one of note being 4,605 ounces at Scotia Mocatta.
Read full article... Read full article...
Saturday, August 24, 2013
Gold And Silver – Those Heeding Market Activity Are Being Rewarded / Commodities / Gold and Silver 2013
By: Michael_Noonan
Last week was an homage commentary to the market forces, what we always attribute as being the most reliable source of information. For the first time in many months, we began recommending the long side in futures, starting on 7 August: 19.42 for silver and 1308 for gold. We have been in and out a few times but continue to remain long, adding on Friday's strong rally.
The "news" has not changed all that much, with many PM proponents still promising the substantially higher prices. More articles are beginning to assert "Gold/Silver is ready for a substantial move higher," type-of-hype. Of course, these are the same people who have been singing the same tune for well over a year. The sin in lack of timing gets glossed over in the [old]"new" drumbeat.
Read full article... Read full article...
Saturday, August 24, 2013
A Quest For Gold and Silver Profitability / Commodities / Gold and Silver 2013
By: Richard_Mills
There's an interesting interview done by Geoff Candy over on mineweb. com. In the interview Geoff asks Gold Fields CEO, Nick Holland "What went wrong with the gold industry?" Holland's reply is very informative.
"I think if you go back to the late '90s when gold was at a low of about $250 per ounce the industry at that time was really hanging on by its teeth and in order to do so was high grading and if you look at the average grades companies were mining it exceeded the reserve grade and that was never sustainable.
Read full article... Read full article...
Saturday, August 24, 2013
Stock Market Ready for Further Growth? What Impact on Silver Price? / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
According to Bloomberg, the Fed stimulus helped in pushing the S&P 500 up as much as 153% from its March 2009 low, as better-than-estimated corporate earnings also fueled equity gains. Of the 483 companies in the S&P 500 that have reported quarterly earnings this period, 71 percent surpassed profit estimates.
Saturday, August 24, 2013
Nanofiber and Silver Production / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
Silver production tends to center around two often unknown factors. First of all, many people seem unaware that byproduct mining is the primary source of new silver supply.Secondly, the broken price discovery mechanism for silver has resulted in artificially low prices that have led to the demise of many primary silver producers.
Read full article... Read full article...
Friday, August 23, 2013
Using Gold to Forecast Silver’s Final Blow-Off Rally / Commodities / Gold and Silver 2013
By: Hubert_Moolman
I have previously written about how gold can be used as a leading indicator for silver. Using this principle, there is an indication that we are at or close to the period for a 1979/1980 style rally in silver. The following is a simple concept but can make for some intense reading (a lot of concentration and possibly re-reading is required). Below is gold chart from 1968 to 1975:
Friday, August 23, 2013
Why I Believe Google Will Be the First $1,000 Tech Stock / Commodities / Google
By: InvestmentContrarian
George Leong writes: The low trading volume in the stock market implies that many investors and institutional money may be sitting on the sidelines.
Yet for the professional money, such as hedge funds and private wealth, you cannot just sit on cash, since you’re usually paid a lofty amount to manage money and achieve above-average returns relative to the stock market.
Read full article... Read full article...
Friday, August 23, 2013
China & India's Gold vs. Silver Imports Diverge as Analysts Warn on QE Taper / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of gold held just shy of last week's 2-month closing high in London trade on Friday, retreating $10 from an overnight high of $1380 per ounce as world stock markets also held flat.
Silver prices were similarly unchanged for the day and the week, trading around $23.15.
Read full article... Read full article...
Friday, August 23, 2013
Gold Acts As A Safe Haven Against USD And GBP / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,374.50, EUR 1,028.59 and GBP 880.30 per ounce. Yesterday’s AM fix was USD 1,370.50, EUR 1,027.28 and GBP 879.60 per ounce.
Gold climbed $7.20 or 0.53% yesterday, closing at $1,374.60/oz. Silver rose $0.13 or 0.57%, closing at $23.05. Platinum surged $29.34 or 1.9% to $1,535.74/oz, while palladium climbed $10.85 or 1.5% to $752.35/oz.
Read full article... Read full article...
Friday, August 23, 2013
Goldman Sachs Got Us on Gold, They Won’t Get Us on Stocks / Commodities / Gold and Silver 2013
By: Profit_Confidential
Michael Lombardi writes:
This is a story of how the big banks pulled gold prices from under our feet, but why their plan for the stock market won’t pan out…
When gold bullion prices went into semi-crash mode in late spring of this year, some stories written by financial analysts suggest big banks colluding together to bring gold bullion prices crashing down. If you remember, The Goldman Sachs Group, Inc. (NYSE/GS) came out with a report saying gold bullion prices would go down…and magically, they did!
Friday, August 23, 2013
GOLD Price Sideways Within Larger Uptrend: Elliott Wave Analysis / Commodities / Gold and Silver 2013
By: Profit_Confidential
On Gold we are tracking a bullish continuation from 1272 that should be in five waves, because we are tracking wave C/3 which are both motive waves. Right now we can see only three completed legs, but current sideways price action seems like a fourth wave, so be aware of another rise in the near future, up to 1390-1400 zone.
Read full article... Read full article...
Friday, August 23, 2013
Reasons Why Gold Price Will Hit $5000/oz / Commodities / Gold and Silver 2013
By: Jim_Willie_CB
Back in November 2003, before the Hat Trick Letter was hatched and launched, a seminal article was written about 25 reasons why Gold will rise. It was updated afterwards, around 2008 with a couple more reasons. Given the extreme situation in the last few months, the entire outlook has changed. The gnarly intractable crisis began in late 2008 when Lehman Brothers failed, Fannie Mae was nationalized, and AIG was given a nationalist prop. In the last several months, the crisis has entered a new elevated level of perma-crisis and constant tension, widely recognized as something more serious, dangerous, and risk-filled.
Friday, August 23, 2013
Time To Focus On Economically Viable Junior Gold Miners / Commodities / Gold and Silver Stocks 2013
By: Jeb_Handwerger
We may have seen the bottom in the precious metals and the miners. A major uptrend could just be beginning in these oversold sectors. We are starting to see the major miners such as Barrick (ABX), Newmont (NEM) and Kinross (KGC) rebound off of historic 20 year lows as they raise cash and sell off higher cost assets. The market may have already priced in a worst case scenario. Gold and silver prices are rebounding strongly, which may cause a powerful move in the historically oversold sector. With stronger balance sheets, the majors will be able to focus on lower cost, more profitable and secure Nevada mines where they are producing gold below $400 an ounce.
Friday, August 23, 2013
Gold Begins to Rally Against Crude Oil / Commodities / Crude Oil
By: DailyWealth
As we expected, the "gold-to-oil" ratio is working in gold's favor...
Back on July 26, we noted how the "gold-to-oil" ratio was ready to snap back in gold's favor. At the time, we reminded readers how this kind of "ratio trade" isn't a conventional "buy a stock and hope it goes up" trade. "Ratio trades" involve trading one asset against another asset. For example, one of the most important ratios in this group is the "gold-to-oil" ratio.
Thursday, August 22, 2013
Mounting Tensions in Middle East to Push Crude Oil Prices Higher? / Commodities / Crude Oil
By: InvestmentContrarian
Sasha Cekerevac writes: While many Americans might be disturbed by recent news of the ongoing mass violence in Egypt, it’s unlikely that many have considered the economic impact the growing violence could have on America. And if you think the impact won’t be all that significant, you would be wrong.
Oil prices are already seeing the effects of the violence, as the market sector is extremely sensitive to any increase in political uncertainty on the world stage.
Read full article... Read full article...
Thursday, August 22, 2013
Gold and Silver Recover Fed Drop, S.African Mining "In Crisis" / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of gold recovered overnight losses after the release of US Federal Reserve meeting notes in London trade Thursday morning, rising back to $1375 as major stock markets also rose with commodities.
The Dollar continued to strengthen, helping the gold price rally faster for non-US investors.
Thursday, August 22, 2013
Gold Mining Equities: A Play Against the Tide / Commodities / Gold and Silver Stocks 2013
By: GoldSilverWorlds
If 2013 was considered a bad year for gold, it was a disaster for gold mining equities that were slashed by almost 50% by mid-year. The April and June sell-offs brought gold down to USD 1,300 – a level that it had not witnessed since September 2010. Many found this sell-off was more of a frenzy and nervous reaction to a series of bad news: the US Treasury announcing it is considering tapering its economic stimulus program, Cyprus revealing it will sell off ‘excess’ gold reserves to finance its bailout by the European Central Bank, not to mention weaker Chinese economic growth figures. The outlook on gold was bad, and dragged gold mining equities along with it. But there is more to the gold mining story – and if investors agree that the past six months were in fact a frenzy, and start looking closer, they will then find a number of benefits and investment opportunities that were overlooked in the past.
Thursday, August 22, 2013
Why Is Anti-Goldbug Dennis Gartman Getting into Gold? / Commodities / Gold and Silver Stocks 2013
By: The_Gold_Report
Dennis Gartman, the editor and publisher of The Gartman Letter, has made no secret of his disdain for gold. But he believes a good trader is agnostic of everything. So, when technical charts indicated it was time to buy, he did. In this interview with The Gold Report, Gartman talks about how he has been playing gold off of other currencies to turn a profit and discusses if he is ready to get into gold equities yet.
The Gold Report: Dennis, in late July, you told CNBC that you're a "buyer of gold" after being what amounted to the grand marshal for the gold bear parade. Why did you change sides?
Read full article... Read full article...