Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, April 12, 2013
How Goldman Sachs is Manipulating Gold Prices / Commodities / Gold and Silver 2013
David Zeiler writes: If you want a lesson on how to manipulate gold prices, you need only look at what Goldman Sachs Group Inc. (NYSE: GS) has been doing over the past few months.
Goldman set the table by predicting a turn in gold prices back in December 2012, which no doubt contributed to the precious metal's 5% decline in the first two months of the year.
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Friday, April 12, 2013
A Historical Perspective Of Silver Price Correction / Commodities / Gold and Silver 2013
When trying to determine when a market correction may be ending, it only makes sense to look at past corrections to help determine a general guideline. This really does not have to be a complicated process and the results from some quick analysis can be quite helpful.
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Thursday, April 11, 2013
Gold andĀ Silver Take a Beating from Goldman Sachs / Commodities / Gold and Silver 2013
The WHOLESALE PRICE of gold rallied from 1-week lows against the Dollar on Thursday morning, but continued to fall for UK and Euro investors, hitting 4- and 2-month lows respectively.
World stock markets continued to rise, while major government bonds slipped, commodities held flat, and silver bullion rose back above $27.50 per ounce.
Thursday, April 11, 2013
Cyprus Denies Gold Sale, Debtors Sell Gold Whilst Creditors Buy / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,555.75, EUR 1,012.20 and GBP 1,189.59 per ounce.
Yesterday’s AM fix was USD 1,581.50, EUR 1,207.16 and GBP 1,032.24 per ounce.
Gold fell $26.20 or 1.65% yesterday to $1,558.50/oz and silver slid to $27.50 and finished -1.29%.
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Thursday, April 11, 2013
Why Are Central Banks Buying Gold? / Commodities / Gold and Silver 2013
Anyone who wants to get to the truth behind the inflationary threats to their wealth should ignore everything the Central Banks say about inflation and look instead at their actions.
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Thursday, April 11, 2013
Insider Sales on the Sprott Physical Silver Trust / Commodities / Gold and Silver 2013
Someone emailed me about this, and I wanted to get the actual data so you can see it.
It appears that Eric Sprott has sold about 3 million shares of his Silver Trust so far this month. That is quite a bit of selling, but certainly not unheard of for someone who is a billionaire.
Wednesday, April 10, 2013
Gold Long-term Irreversible Forecast Trend to $10,000 / Commodities / Gold and Silver 2013
The long-term “irreversible” trends I’ve discussed in detail in my upcoming book, $10,000 Gold, continue to develop. Many of the trends, such as debt creation and the movement away from the U.S. dollar, are accelerating and their consequences are appearing globally. Today we will interpret how these developments will likely affect the price of gold over the coming year and beyond.
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Wednesday, April 10, 2013
Gold Sentiment Less Bullish as Goldman Sachs Says "Go Short Gold" / Commodities / Gold and Silver 2013
AFTER touching a one-week high yesterday, gold drifted lower Wednesday, ending London's morning trading around $1580 an ounce, more-or-less where it started the week, while stocks gained and government bond prices fell.
Gold in Sterling was also trading in line with last week's close at around £1032 an ounce, while gold in Euros fell to €1206 an ounce, just under 1% down on the week so far, as the Euro touched a one-month high against the Dollar following news that Ireland and Portugal may get more time to repay bailout funds.
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Wednesday, April 10, 2013
A Major Breakthrough in U.S. Oil Exports May Be Coming / Commodities / Crude Oil
Dr. Kent Moors writes: As the crude market continues to show considerable volatility, price gyrations are prompting another round of concerns over supply and production.
There isn't a shortage to worry about right now.
But whenever we have some issues on the demand side, attention shifts to the supply currently available on the market. And it's in this repetitive exercise that one of the major errors by analysts always occurs.
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Wednesday, April 10, 2013
My Two Favorite Gold Mining Stocks / Commodities / Gold and Silver Stocks 2013
Martin Hutchinson writes: With the world's central bankers printing money like mad, you would think investing in gold mining stocks would be a no-brainer.
Yet despite these misguided policies, the Market Vectors Gold Mines Index (NYSE: GDX) is down 40% from its peak last September. Even worse, it's off 48% from its all-time highs in 2011.
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Wednesday, April 10, 2013
Gold Record High in Yen - Rush to Sell Jewelery, Buy Coins and Bars / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,581.50, EUR 1,207.16 and GBP 1,032.24 per ounce.
Yesterday’s AM fix was USD 1,572.50, EUR 1,205.26 and GBP 1,026.50 per ounce.
Gold climbed $12.20 or 0.78% yesterday to $1,584.70/oz and silver surged to a high of $28.06 and finished +2.68%.
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Wednesday, April 10, 2013
Fed Exit? What Exit? Gold & Dollar Implications / Commodities / Gold and Silver 2013
Is it time for the Federal Reserve (Fed) to stop printing money? Today, we focus on what might be going through Fed Chair Bernanke’s mind and the possible implications for the U.S. dollar and investors.
This week, the casual observer could come to the conclusion that the Fed wants to phase out printing additional money. The Federal Open Market Committee (FOMC) Minutes to be released this Wednesday might strike a comparatively optimistic tone. The only caveat being that the FOMC meeting statement included the language: “The Committee continues to see downside risks to the economic outlook”1 which may be elaborated on in the Minutes.
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Wednesday, April 10, 2013
US Dollar Retreat Could Ignite Gold and Silver Market / Commodities / Gold and Silver 2013
The recent rally in the US$ was more a product of the fall in other currencies than a strengthening of the dollar. In particular we have seen the British Pound fall dramatically in the first two months of this year and this was followed by the Japanese Yen which tumbled recently on the inflationary actions introduced by the Bank of Japan.
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Wednesday, April 10, 2013
Does Your Retirement Plan Have Staying Power? / Commodities / Energy Resources
What is the best way to juice up your portfolio for a rich retirement? Natural gas and uranium are here to stay, says Stansberry Research's resident medical doctor and retirement investment guru, David Eifrig. In this The Energy Report interview, Eifrig shares tips to maintain your financial health—but get plenty of rest and exercise so you can enjoy those golden years.
The Energy Report: David, you've had successful careers on Wall Street and in the medical profession. Why are you now focused on helping people to prepare for retirement?
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Tuesday, April 09, 2013
Iron Lady Irony in Gold / Commodities / Gold and Silver 2013
Margaret Thatcher was a friend of gold, not of diehard gold investors...
DIVISIVE doesn't cover the half of it.
Quoting Francis of Assisi on bringing "harmony where there is discord" as she first entered No.10, Margaret Thatcher had already split the playground at my primary school. We knew little then beyond the football-club squabbling of red versus blue. But her political sons have since mixed it into a deep purple mess. Imperial under Tony Blair's high-spending Labour, it's now deeply patrician and scarcely meritocratic under David Cameron and his Con-Dem coalition.
Tuesday, April 09, 2013
Silver Premiums, Demand & Shortages / Commodities / Gold and Silver 2013
Back in 2008, silver fell from over $20 per ounce down to below $10. This was a stomach-turning experience for those who had begun investing heavily in the metal.
I heard reports of bullion dealers in the US who simply were not selling Monster Boxes of Silver Eagles. Physical metal was hard to find in spite of the price collapse.
That nadir didn't last for long as silver obviously rebounded magnificently, teasing its old psychological record of $50 an ounce. Realistically, it took some time for silver to crescendo amid increased demand arisen from The End Of The Monetary System As We Know It (TEOTMSAWKI).
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Tuesday, April 09, 2013
What Drives the Gold Price? / Commodities / Gold and Silver 2013
There is still an incredible amount of misunderstanding on Wall Street about the relationship between the price of gold and the true value of the U.S. dollar. Most pundits simply claim that a rising dollar, as measured by the Dollar Index (DXY), causes gold prices to fall...and that is the end of their analysis.
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Tuesday, April 09, 2013
Strong Gold Demand in Asia "Should Offset" ETF Selling / Commodities / Gold and Silver 2013
The PRICE of GOLD and silver was little changed Tuesday morning near last week's finish, while European stock markets rose but Japan's Nikkei stalled its 5-day surge as the Yen bounced higher from 4-year lows on the currency market.
Silver prices ticked higher to $27.40 per ounce, while gold regained $1574.
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Tuesday, April 09, 2013
The Day the U.S. Government Seized Americans' Gold / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,572.50, EUR 1,205.26 and GBP 1,026.50 per ounce.
Yesterday’s AM fix was USD 1,577.25, EUR 1,212.80 and GBP 1,029.60 per ounce.
Gold fell $6.50 or 0.41% yesterday to $1,572.50/oz and silver slid to $27.12 and finished down 0.22%.
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Monday, April 08, 2013
Gold Bulls : Do or Die ! / Commodities / Gold and Silver 2013
I was going to write about the Risk on Risk off trade this weekend but with the big move up in gold on Friday I thought we should look at gold instead. As you know, gold along with silver, broke down from their respective triangles this week which we have been keeping a close eye on. The 60 minute chart below shows the price action for the last six months or so for GLD. You can see the downtrend has been picture perfect so far with lower highs and lower lows all the way down. The price action broke below the bottom rail of the blue triangle early this week and had a strong rally, that so far, has taken the price back up to the underside of the bottom rail as the backtest. This is normal behavior. What I’ll be watching very close is how the GLD interacts with the bottom blue rail of the triangle. If the price action starts trading up and into the blue triangle that will mean we have a bigger consolidation pattern forming which will still be a consolidation pattern just a bit bigger at this time.
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