Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Sunday, February 03, 2013

Will American Rightists Turn Fascists? / Commodities / Gold and Silver 2013

By: Michael_T_Bucci

From the perspective of a person born in the 1940s, America is thoroughly right-wing. President Obama has achieved the miraculous: he has radicalized his constituents to the Right while maintaining their delusions of being liberals, Democrats and progressives. But should the right-wing continue to move farther rightward, it can only move to one place: FASCISM!

Sunday, February 03, 2013

Copper – Upside Breakout. Gold/Silver To Follow? / Commodities / Copper

By: Michael_Noonan

The unshiny metal may be outshining its other metal cousins as its price has an upside
breakout. As with any potential move, it remains potential until confirmed by the next
successful retest. This is true for any move in any market. Confirmation is a critical and
overlooked aspect in price activity. While there is no clear correlation between copper,
relative to gold and silver, there is an occasional lag/lead aspect to them, and it may be
that if this upside breakout holds, it can only help gold and silver.

Sunday, February 03, 2013

Germany Repatriates Its Gold / Commodities / Gold and Silver 2013

By: Thorsten_Polleit

On Wednesday, January 16 the German Central Bank (i.e., Bundesbank) announced that it was going to repatriate some of its gold reserves currently being held at the New York Fed and all of its gold reserves held by the Banque de France. It had previously repatriated 940 of the 1385 tons of its gold reserves held at the Bank of England, citing high storage fees as the reason (the New York Fed and the Banque of France charge no such fees). Three-hundred-and-seventy-four metric tons will be trucked from Paris to Frankfurt, representing 11 percent of its reserves, and 300 metric tons will be shipped from New York. By 2020, the plan is to have 50 percent of its reserves held in Frankfurt. Germany has the second largest stock of gold next to the US and has not bought or sold gold since 1973.

Sunday, February 03, 2013

Gold And Silver - Pushing On A String Amidst A Shaky Environment / Commodities / Gold and Silver 2013

By: Michael_Noonan

The January monthly charts are now complete. Not sure that anything new can be learned, but it is always worth looking, never presuming anything. Remember, the point of reading developing market activity is to make factual observations of the information that the market is generating.

The information takes the form of highs and lows for successive bars, over any/all time frames, where price closed, [telling us who won the battle for that bar], along with volume, the energy/effort of each bar. It reflects the bottom-line decision-making of all participants, but our interest is learning what smart money, [those who control/ influence the market the most], is saying in their net decisions, for they always try to mask their intent. Their "fingerprints" are all over the market, usually in the form of high volume days, for it is not the public that generates high volume. We proceed:

Sunday, February 03, 2013

Many Key Resources Have No Security of Supply / Commodities / Resources Investing

By: Richard_Mills

The truth, in regards to the world's mineral resources, is that we in the western developed countries are not in control of supply. The map below was posted on reddit.com. While interesting it does not reveal the enormity facing the western world in regards to Security of Supply for many of our key minerals.

"The spectre of resource insecurity has come back with a vengeance.The world is undergoing a period of intensified resource stress, driven in part by the scale and speed of demand growth from emerging economies and a decade of tight commodity markets. Poorly designed and short-sighted policies are also making things worse, not better. Whether or not resources are actually running out, the outlook is one of supply disruptions, volatile prices, accelerated environmental degradation and rising political tensions over resource access." Chatham House, Resources Futures

Sunday, February 03, 2013

Head & Shoulder Tops in Gold and Silver Stocks ..Is the Fat Lady Singing ? / Commodities / Gold and Silver Stocks 2013

By: Submissions

Rambus writes: In the weekend report we looked at some of the precious metals stock indexes that are showing some massive H&S topping patterns. These type of patterns are distribution patterns and the bigger they are the bigger the move down in time and price. Could these massive topping patterns be the end of the bull market for the precious metals stocks? I think on a one or two year basis these H&S topping patterns could put a big dent in the bull market for the precious metals stocks if the necklines are broken to the downside which remains to be seen yet.

Saturday, February 02, 2013

America's Modern-Day Nevada Gold Rush / Commodities / Gold and Silver Stocks 2013

By: The_Gold_Report

These days, monetary policy moves stock prices more than economic data releases, says Mike Niehuser, founder of Beacon Rock Research. While the potential for higher gold prices is compelling, the decline in the number of discoveries and grades of resources makes mining stock selection intriguing. Niehuser has scoped out jurisdictions and finds the stars are aligning to put Nevada on top. In this interview with The Gold Report, Niehuser shares the names of companies that he feels have the right stuff.

The Gold Report: Now that the election is in the rearview mirror and we are well into the new year, what are your thoughts about gold prices and mining stocks for 2013?

Saturday, February 02, 2013

Gold Long-term Outlook 2013 / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

Gold moved sideways for the last six weeks, with each rally and correction sparking either new hopes or new fears about the yellow metal. But focusing on such short-term volatility can rarely bring any good when it comes to long-term investments. That's one of the things that we often stress - one should always analyze the market form different perspectives and keep in mind their order of importance. This week we will focus on the long term.

Another thing, that we have already mentioned, is that such universal commodities, traded on many exchanges and in many currencies, like gold ought to be assessed taking other currencies into consideration. Hence, to get a clearer, distilled from the short-term noise picture of the situation in gold, today we will focus mostly on long- and medium-term charts, as well as on the yellow metal priced in currencies other than the U.S. dollar.

Saturday, February 02, 2013

Gold Stocks Biggest Buying Opportunity in 25 Years / Commodities / Gold and Silver Stocks 2013

By: Investment_U

Mike Kapsch writes: Don’t look now but gold stocks are cheap, really cheap.

Just take a look at this chart:

Friday, February 01, 2013

Global Silver-Mining Trends / Commodities / Gold and Silver Stocks 2013

By: Zeal_LLC

Over the course of silver’s secular bull, the miners have steadily increased production in order to meet fast-growing demand.  And in 2012 mine production exceeded 24k metric tons (770m+ ounces), an all-time production high and 28% increase over 2001.  As an investor interested in silver’s structural fundamentals, this rapid growth begs a question.  Where in the world is this silver coming from?

In our modern information age we can ask questions like this and easily find the answer.  And we need look no farther than the data provided by the U.S. Geological Survey.  The USGS is a global authority in collecting, analyzing, and disseminating information on both domestic and international mineral supply and demand.  And for silver it dutifully provides annual detailed country-level mine production data.

Friday, February 01, 2013

JPMorgan Forecasts Gold $1,800 By Mid 2013 / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,665.00, EUR 1,217.99, and GBP 1,052.46 per ounce. Yesterday’s AM fix was USD 1,674.50, EUR 1,234.88, and GBP 1,058.47 per ounce.

Silver is trading at $31.45/oz, €23.12/oz and £19.93/oz. Platinum is trading at $1,680.50/oz, palladium at $745.00/oz and rhodium at $1,200/oz.

Friday, February 01, 2013

End of an Era for Gold as Stock Market Records Best January Since 1997 / Commodities / Gold and Silver 2013

By: Ben_Traynor

THE U.S. DOLLAR gold price recovered some of its losses from the previous day Friday, edging higher to $1666 an ounce by the end of the morning in London, while most stock markets also edged higher ahead of US nonfarm payrolls data due out 08.30 Washington, DC time.

A day earlier, gold dropped 1% during Thursday's US session, in what one analyst describes as "a remarkable display of schizophrenic volatility".

Friday, February 01, 2013

Gold Stocks Final Bottom Coming / Commodities / Gold and Silver Stocks 2013

By: Jordan_Roy_Byrne

In my articles you've heard me talk about accumulating on weakness, buying support, being patient and waiting for better opportunities. Folks, this next week is one of those opportunities. The mining stocks have been a disaster if you've invested in the average fund, GDX or GDXJ. If you've invested in the wrong stocks, they've been a total disaster and you now hate the sector forever. We've certainly been surprised by this protracted struggle. However, the gold shares are set to test a major bottom and could be on the cusp of a major reversal which could begin as soon as next week.

Friday, February 01, 2013

Stock Market Rally Should Boost Discounted Rare Earth and Uranium Miners / Commodities / Metals & Mining

By: Jeb_Handwerger

I notice with interest that the popular media is ignoring the World Trade Organization case against China for restricting exports of critical materials (REMX). This reduction of supply of the critical metals has a significant impact on the global economy.

These critical metals are not only crucial for your iPads and smartphones, but for our top secret, most advanced weaponry. Looking for substitutes for rare earths has proven to be a poor return on investment. For 50 years, they have been trying to find alternatives, only to find out that the chemical characteristics of rare earths are inimitable.

Friday, February 01, 2013

Gold Repatriation - Is Germany Preparing for Future Capital Controls? / Commodities / Gold and Silver 2013

By: Jeff_Clark

The best indicator of a chess player's form is his ability to sense the climax of the game. –Boris Spassky, World Chess Champion, 1969-1972

You've likely heard that the German central bank announced it will begin withdrawing part of its massive gold holdings from the United States as well as all its holdings from France. By 2020, Bundesbank says it wants half its gold reserves stored in its own vault in Germany. p>

Thursday, January 31, 2013

Why Buy Gold? / Commodities / Gold and Silver 2013

By: DeviantInvestor

• Gold has been real money (medium of exchange and a store of value) for over 3,000 years. It is still real money.
• Gold has no counter-party risk. It is not someone else’s liability. It has intrinsic value that is recognized around the world.
• ALL paper money systems have eventually failed. The intrinsic value of paper money is effectively zero; and all paper money has, throughout history, eventually devalued to zero.

Thursday, January 31, 2013

Marc Faber "You Don't Own Gold And You Are In Great Danger" / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,674.50, EUR 1,234.88, and GBP 1,058.47 per ounce.
Yesterday’s AM fix was USD 1,666.25, EUR 1,230.70, and GBP 1,057.20 per ounce.

Silver is trading at $32.08/oz, €23.76/oz and £20.40/oz. Platinum is trading at $1,677.50/oz, palladium at $736.00/oz and rhodium at $1,200/oz.

Thursday, January 31, 2013

Gold and Silver Prices Counterintuitive Behavior To Continue / Commodities / Gold and Silver 2013

By: GoldSilverWorlds

Grant Williams writes: The gold and silver price have been trading in a quite counterintuitive way lately. It became very obvious after the US Fed announcement on December 13^th which was a fundamentally bullish event for precious metals. Gold was trading above $1,700 an ounce but has been trading lower since then. The gold price tried only once to break above $1,700 but did not succeed. Which leaves a lot of believers and investors with the question how that is possible and if more of the same can be expected in the foreseeable future.

Thursday, January 31, 2013

Gold Bugs Response to Money Printing / Commodities / Gold and Silver 2013

By: Adrian_Ash

What gold investors think of money printing, inflation, and the vulgar crooks behind them...

Back in the final, dying days of 2012, Paul Tustain here at BullionVault offered a little fable to explain why money exists, how it is created by banks today, and why things could get very ugly tomorrow.

Thursday, January 31, 2013

Gold and Quantitative Easing: Inflation All Over Again? / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

Perhaps you have heard that the Fed is printing money to get out of the crisis and that such actions cannot possibly end other than in even more money being printed and in the dollar losing its ability to buy you tangible assets. In our essay on gold and the dollar collapse we pointed out that since 1970 the debt numbers have gone up more than 40-fold (!). In 2002, future Fed chairman Ben Bernanke noted that "the U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at no cost." In keeping with these words, Bernanke has played an important role in the introduction of three rounds of what is known today as quantitative easing (QE) - programs expanding the money supply beyond the usual. The bill for QEs is $2.25 trillion and counting. As of January 17, 2013, U.S. debt totaled $16.4 trillion. These extraordinary numbers call for a deeper analysis and today we focus on what QE actually is.