Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, April 17, 2013

Shale Oil is a Big Game Changer for Dow-to-Gold Ratio / Commodities / Commodities Trading

By: Gary_Dorsch

Financial history is marked with times when populations took collective leave of their senses and succumbed to delusions of ever-expanding wealth. Times of rampant speculation have been enthralled by the introduction of new technologies, that are used to justify pumping-up market valuations, - not just for the present, but also for the near future, and far over the horizon as well. Quite often, the new found wealth is nothing more than a mirage. The wild enthusiasm for the stock market is often overtaken by speculative froth and emotional mania. As such, spectacular rallies deliver massive gains for one generation of lucky investors, but also create massive overvaluations that plague the next generation.

Wednesday, April 17, 2013

Gold Ambush At The Comex Corral / Commodities / Gold and Silver 2013

By: Darryl_R_Schoon

Goldman Sach’s prediction of $1200 gold is similar to Hitler predicting the Reichstag fire

Prediction is an art. Heisenberg’s Uncertainty Principle is as operative in the realms of the unknown as well as in the known. But, sometimes, predictions are a slam-dunk such as the large number of put options placed on United and American Airlines in the days prior to 9/11 through Alex Brown Deutsche Bank, an investment unit with close ties to the CIA’s Buzz Krongard.

Wednesday, April 17, 2013

Gold Long View / Commodities / Gold and Silver 2013

By: Anthony_Cherniawski

Today, gold nearly hit its Head & Shoulders target by making a low of 1321.50. I believe that it has yet to complete its impulsive Intermediate Wave (3) decline and may do so by Thursday, day 56 in its Trading Cycle. That leave room for a 2-day bounce into Monday and a final decline into the Orthodox Broadening Top target of 1155.00 by the end of next week. The alternate view is that gold may have already made its Intermediate Wave (3) and (4) moves and may be ready for the plunge forthwith.

Wednesday, April 17, 2013

GOLD GLD Short Sellers Getting More than they Bargained For / Commodities / Gold and Silver 2013

By: Anthony_Cherniawski

GLD is sporting a probable triangle formation which suggests that it may have one more decline before a more substantial bounce in this series of waves. It appears that the Head & Shoulders target may be the bottom of Intermediate Wave (3) of Primary Wave [2].

Depending on how fast Minor Wave 5 drops to its target, this may be an opportunity for the Primary Dealers to give GLD a boost into Options Expiration. Why? Investors will be stumbling over each other trying to go short on the next decline in an already crowded environment. This will provide easy pickings for the PDs to run the stops on these short sellers.

Tuesday, April 16, 2013

What the Gold Price Fall Proves? / Commodities / Gold and Silver 2013

By: Jesse

"And this means that it is deeply, deeply wrong to think of rising gold prices when bond yields are low as some kind of symptom of monetary excess." Paul Krugman, 10 September 2011

So don't think of gold as an indicator of monetary excess when it is going up, but when it is going down it can be used to prove your hypothesis of a lack of excess, as PK does in the new article cited below.

Tuesday, April 16, 2013

Forget the Gold Bulls… and the Gold Bears / Commodities / Gold and Silver 2013

By: Investment_U

by Alexander Green : Gold cratered Friday and then again yesterday, hitting a two-year low on fears that troubled European countries will have to sell their reserves to cover the cost of increasingly expensive bailouts.

The sell-off took the metal below the important $1,400 psychological threshold. Gold bulls are now proclaiming that this “correction” represents an excellent new entry point before the next big rally.

Tuesday, April 16, 2013

Setting the Stage for Gold Bubble Phase / Commodities / Gold and Silver 2013

By: Toby_Connor

Until recently I was expecting the bubble phase for gold to occur as we came out of the next 8 year cycle low in 2016.

Tuesday, April 16, 2013

Gold Slam is a Massive Wealth Transfer from Our Pockets to the Banks / Commodities / Gold and Silver 2013

By: Dr_Martenson

I am very disappointed by, but not surprised at, the latest transfer of wealth to the bankers from everyone else.  The most recent gold bear raid has vastly enriched the bullion bankers, once again, at the expense of everyone trying to protect their wealth from global central bank money printing.

The central plank of Bernanke's magic recovery plan has been to get everybody back borrowing, spending, and "investing" in stocks, bonds, and other financial assets.  But not equally so, as he has been instrumental in distorting the landscape towards risk assets and away from safe harbors.

Tuesday, April 16, 2013

Gold Gains As 14% Plunge Overdone - Speculators Sell, Central Banks To Buy / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,378.00, EUR 1,054.00 and GBP 900.48 per ounce.
Yesterday’s AM fix was USD 1,416.00, EUR 1,083.31 and GBP 924.52 per ounce.

Gold fell sharply $131.10 or 8.81% yesterday to $1,357.00/oz and silver slid to $22.80 finished -12.69%.

Tuesday, April 16, 2013

Gold Loses $1 Trillion of Total Global Value, "Could Fall to $1050" / Commodities / Gold and Silver 2013

By: Ben_Traynor

SPOT MARKET gold prices fell to a fresh two-year low in Tuesday's Asian trading, dropping to $1322 per ounce, before rallying back above $1386, as stock markets extended yesterday's losses.

Silver dropped to its lowest level since September 2010 at $22.10 an ounce before it too recovered some ground. Oil was down on the day by lunchtime in London, while copper ticked slightly higher.

Tuesday, April 16, 2013

Gold Drop and U.S. Dollar Outlook / Commodities / Gold and Silver 2013

By: Axel_Merk

Anyone who’s ever had a brick fall on one’s feet knows how much it can hurt. It’s little consolidation if that brick is made of gold. What’s happening to the price of gold? And has our outlook changed, be that for gold, the U.S. dollar or currencies more broadly?

Tuesday, April 16, 2013

Gold...Silver....Bursting Bubbles......Lead Stock Market Lower.... / Commodities / Gold and Silver 2013

By: Jack_Steiman

Yes, the selling was across the board today, but the most interesting part of today was watching the continued bursting of the commodity bubbles in gold and silver, along with other areas of the commodity worst. Gold and silver and other commodities have never been anything more than pure froth or a bubble, no different than the bubble that existed in 1998-1999 in the world of technology. What you learn through age is that ALL bubbles burst in time and never come back. The only sad part of bubbles that burst for good is the amount of people who sadly get sucked in at the top. They lose lots of money over the first few months, but are told to hang in there as it always comes back in time.

Tuesday, April 16, 2013

Don't Panic, Buy Silver / Commodities / Gold and Silver 2013

By: The_Gold_Report

It looks bad for precious metals. Gold prices have fallen hard. Explorers are hurting for money. Slim treasuries mean fewer drill programs. Scarce discovery news could lead to fewer listings on the Toronto Stock Exchange. But all is not lost. In this interview with The Gold Report, Rick Mills, owner and host of Ahead of the Herd, points to the fundamentals of silver and the opportunities for stock pickers willing to invest in small bites and wait out the inevitable market ups and downs.

The Gold Report: Precious metal bul lion and equities are taking a hit right now in the market. Why do you feel silver is an interesting investment today?

Tuesday, April 16, 2013

Gold Price Plummet Is Latest AMSCAM Fraud / Commodities / Gold and Silver 2013

By: Midas_Letter

Today gold has dropped $133 from last week’s close. Friday’s assassination attempt, which as the price of gold drop from $1,560 and ounce to $1475 per ounce, by futures market shorts is remarkable on two fronts. First is that there were 400 tonnes of (paper) gold sold, or one quarter of global annual production. In one day. The second is that this was such an obvious short play – nobody but nobody could deliver 400 tonnes of physical gold in June if they had to – that it absolutely screams “collusion”. What’s more, the sentiment in the mainstream financial press before the assault began, led by Goldman Sachs, who on Thursday proclaimed it was time to short gold, was massively bearish.

Tuesday, April 16, 2013

Gold Panic Selling, Bear Market Bottoms / Commodities / Gold and Silver 2013

By: Jeb_Handwerger

"The main purpose of the stock market is to make fools of as many men as possible." Bernard Baruch

Bear market bottoms are marked by frenzied selling after an extended downtrend of 18 months. Caveat venditor! The record amount of precious metal bears and short sellers getting caught up in this emotional panic may forecast that the downward trend for almost two years in the mining stocks and precious metals may be coming to an end. Capitulation and downward gaps many times mark the bottom or end of the previous downward trend.

Monday, April 15, 2013

The Fed’s Assault On Gold: “Short Selling” and the Rigging of the Gold Market / Commodities / Gold and Silver 2013

By: Paul_Craig_Roberts

I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall.

Monday, April 15, 2013

Gold Crashes and Japan Sinks / Commodities / Gold and Silver 2013

By: Graham_Summers

Gold is crashing this morning, falling over $90 to $1413 per ounce.

This move is looking to be largely based on institutional liquidation in Asia where Japanese bonds are being sold.

The Bank of Japan announced a massive $1.2 trillion QE effort on April 6. The move was lunacy given that Japan has already announced QE equal to over 20% of its GDP in the preceding years and GDP growth was still slowing.

Monday, April 15, 2013

Debtors Nations Forced to Sell Gold / Commodities / Gold and Silver 2013

By: Peter_Schiff

In the opening years of the last decade, most mainstream investors sat on the sidelines while "tin hat" goldbugs rode the bull market from below $300 to just over $1,000 per ounce. But following the 2008 financial crisis, when gold held up better than stocks during the decline and made new record highs long before the Dow Jones fully recovered, Wall Street finally sat up and took notice. The new devotees helped to push gold to nearly $1,900 by September of 2011. For the next year and a half it held relatively steady, trading mostly between $1,500 and $1,800 as more mainstream investors caught the fever. But now it appears that the brief love affair is at an end. It was really only a flirtation as the two were never a good match in the first place. Gold's new suitors never understood the fundamental case for gold and now they are turning their affection back to their true love: U.S. equities.

Monday, April 15, 2013

Gold Bulls Need To Learn The Importance Of Stopping Out / Commodities / Gold and Silver 2013

By: Bob_Kirtley

Over the last 10 years, gold bulls have had a fantastic run as gold rose more than 475% to its August 2011 highs. Even after the recent collapse in gold prices the metal is still up more than 350% in the last decade; the simple strategy of “buy the dip” has yielded enormous profits.

Gold bulls have been able to make gains for years by merely buying gold whenever the price dropped as the next rally would result in new highs before a great deal of time had passed. This however raises the question of “what happens when gold does not make new highs?” The answer is that those who have been employing this strategy lose money; gold dips and the perma-bulls buy, gold dips again so the perma-bulls buy again, gold continues on a downward trend and the once profitable strategy of “buy the dip” soon eats away at the profits that it once generated.

Monday, April 15, 2013

Like 1973, Dow’s Stock Market Decline To Bring Massive Gold Rally? / Commodities / Gold and Silver 2013

By: Hubert_Moolman

For gold to rise to levels significantly higher than the recent high of $1920, a new impetus is needed. Without additional energy from such an impetus, gold could just trade sideways for a very long time, or even fall further.

There is only so much value in the world economy, and it is split between all the different instruments (like gold, silver, stocks bonds, etc.) where value resides.