Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, May 31, 2012

Financial Markets 'May Be Right' in their Current Gold Mining Share Pricing / Commodities / Gold & Silver Stocks

By: Ian_R_Campbell

Why Read: Because almost every day now there is Media and Internet commentary on the current prices at which gold mining stocks are trading:

• some of which is excellent:

• some of which isn't so excellent;

• a lot of which simplistic; and,

• some of which seems to be written from 'vested interest perspectives'.

Thursday, May 31, 2012

The Pending Rush to Buy Gold and Silver / Commodities / Gold and Silver 2012

By: Adrian_Ash

Too Many Cars, Too Few Spaces

Government debt is so good for you, even the second- or third-best will do in this rush...

"ONCE PEOPLE decide that German and US bonds are not such a great store of value," said one BullionVault user I spoke to last week, "the rush to find parking spots in a very small car-park will be on."

Thursday, May 31, 2012

Euro Going To Zero! / Commodities / Agricultural Commodities

By: Ned_W_Schmidt

We listened to confirmation this week that the Euro will indeed go to zero should Greece exit the Euro zone. That information was obtained from watching an exclusive cable news interview of Chicken Little by well-known anchor Henny Penny. Chicken Little, a former money manager that appears regularly on cable business programs, said that word on the matter came to him from reliable experts on the Street. These comments were valuable as no one else could find a reliable forecaster on the Street.

Thursday, May 31, 2012

Gold and Silver Finally Decouple from Euro, Stocks and other Commodities / Commodities / Gold and Silver 2012

By: Adrian_Ash

WHOLESALE BULLION gold prices rose Thursday lunchtime in London, extending yesterday's sharp jump and cutting this week's 2.5% drop by more than two thirds even as the Euro currency again slipped through $1.24 for the second day running.

Trading near $1564 per ounce, however, Dollar gold prices headed towards their fourth monthly drop in succession, losing some 5.3% in May.

Thursday, May 31, 2012

Patience Pays with Gold and Silver / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

There seems to be no shortage of turmoil in the markets. The European debt crisis continues to remain in focus, while a multi-billion dollar loss by America’s largest bank does little to restore confidence in the financial system. Even Facebook, the most highly anticipated initial public offering in years, has failed to spark interest in equity markets. In the current situation, one might expect precious metals to perform well as investors seek safety, but the complete opposite has been true.

Thursday, May 31, 2012

Troubled Times for World Oil / Commodities / Crude Oil

By: Andrew_McKillop

Major energy monitoring entities, including the US EIA and the OECD group's energy watchdog the IEA are forced to report that for the developed nation OECD group, and increasingly even for energy outlooks in Emerging economy giants China and India, energy demand is stagnant or falling. For the G20 group, including the largest Emerging economies, demand forecasts are presently set at growth for all types of energy being at most 2% in 2012. For oil, taking account of continuing shrinkage, or at best fractional growth of OECD demand and constantly revised-down demand growth in China and India, the year forecast is now well below 1% growth for global demand and can easily go lower.

Thursday, May 31, 2012

Gold Price Surgers Higher, Safe Haven "Tipping Point"? / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD, EUR, and GBP per ounce.
Yesterday's AM fix was USD 1,548.75, EUR 1,244.98, and GBP 995.41 per ounce.

Gold rose 0.38% or $6.00 in New York yesterday and closed at $1,564.80/oz. However the 0.38% gain does not convey the positive price action. This saw gold fall initially in unison with risk assets such as equities and commodities - including oil.

Thursday, May 31, 2012

Gold Mining Stocks: Now is the Time to Buy / Commodities / Gold & Silver Stocks

By: Money_Morning

Don Miller writes: There are lots of reasons you should own some gold. Despite taking a recent breather, gold prices are still up by 139% in the last five years.

Even so, shares of gold mining stocks have suffered lately, hurt mainly by higher energy and exploration costs.

Wednesday, May 30, 2012

Coal and Shale Gas: America's Energy Siblings Are Locked in Rivalry / Commodities / Natural Gas

By: Marin_Katusa

Marin Katusa, Casey Research writes: Competition is supposed to make competitors stronger, but when it comes to the battle between coal and shale gas for supremacy as the United States' power-generating fuel of choice, the rivalry instead has each commodity holding the other down.

Wednesday, May 30, 2012

Gold Bulls Miscalculate as Price Falls Through $1550 / Commodities / Gold and Silver 2012

By: Adrian_Ash

The U.S. DOLLAR gold price fell further on Wednesday morning, trading at 1-week lows beneath $1550 per ounce as world stock markets dropped and the Euro hit a fresh two-year low amid fresh debt woes in the 17-nation currency union.

The European Commission in Brussels accused Spain – where unemployment is now above 25% – of not doing enough to meet its deficit-reduction targets.

Wednesday, May 30, 2012

Gold Capped atg $1,580, Hit by Another Concentrated Burst Of Selling On High Volume / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,548.75, EUR 1,244.98, and GBP 995.41 per ounce. Yesterday's AM fix was USD 1,573.75, EUR 1,254.48, and GBP 1,003.67 per ounce.

Silver is trading at $27.75/oz, €22.39/oz and £17.87/oz. Platinum is trading at $1,416.25/oz, palladium at $597.75/oz and rhodium at $1,275/oz.

Wednesday, May 30, 2012

Expecting Crude Oil Prices to End 2012 Higher / Commodities / Crude Oil

By: Money_Morning

Larry D. Spears writes: Forecasts for oil prices in the second half of 2012 and on into 2013 are varied, but there's one point on which virtually all agree: Oil prices won't be going down.

One reason is that oil prices have already dropped substantially in recent weeks.

Wednesday, May 30, 2012

Trading Euro Misery with Gold / Commodities / Gold and Silver 2012

By: Adrian_Ash

Is the Euro as good as gold again, or is gold investing only as good as the Euro...?

SO "HEDGE FUNDS find ways to trade Euro misery," according to a Reuters headline. And with no hint of irony, the newswire includes gold in its list.

Tuesday, May 29, 2012

Gold’s “Contrarian Moment” / Commodities / Gold and Silver 2012

By: David_Galland

Glancing at the news most days, it's hard not to feel like Bill Murray's character in Groundhog Day. In the event you are unfamiliar with the movie, in it Murray's character becomes trapped in the same day… day after day.

In the current circular condition, we have the powers-that-be assuring us that the next high-level meeting will finally produce a permanent fix to the broken economy, essentially solving the sovereign debt crisis. Then, in no more than a few days, or at most a couple of weeks, the fix is revealed to be flawed and the crisis again sparks into flames... followed shortly thereafter by yet another high-level meeting – and the cycle begins anew.

Tuesday, May 29, 2012

"Under-Valued" Gold Stalls Again as New Chinese Stimulus Rumored / Commodities / Gold and Silver 2012

By: Adrian_Ash

PROFESSIONAL WHOLESALE prices in the gold investment market reversed an early lift for the second day running in London Tuesday morning, easing back to last week's finish at $1573 per ounce as the Euro currency also reversed its early rise to $1.26.

European stock markets cut their gains but held 0.7% better by lunchtime, while commodity prices were broadly higher but the silver price fell to new 3-session lows beneath $28.30 per ounce.

Tuesday, May 29, 2012

Risk Of Bank Runs And Forcible FX Conversion of Savings Deepens / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,573.75, EUR 1,254.48, and GBP 1,003.67 per ounce. Yesterday's AM fix was USD 1,579.00, EUR 1,255.67, and GBP 1,006.63 per ounce.

Silver is trading at $28.36/oz, €22.71/oz and £18.16/oz. Platinum is trading at $1,440.75/oz, palladium at $603.60/oz and rhodium at $1,275/oz.

Monday, May 28, 2012

Gold Price Extreme Calls / Commodities / Gold and Silver 2012

By: EWI

Gold went mostly sideways in April and remains 15% beneath its September peak at $1921.50 basis spot.

Despite it's lackluster performance over the past eight months, forecasts for ever-higher prices abound. The latest extreme call is for gold to "go parabolic" and touch "$7,000". Apparantley, 11 consecutive yearly up closes, a new record for a commidity, is not straight up enough. Our stance remains that gold has completed a five-wave rally from August 1999 at last years high.

Monday, May 28, 2012

Cleantech Consolidates Before The Next Big Push / Commodities / Renewable Energy

By: Andrew_McKillop

Cleantech, green energy and sustainable development technology are coming of age, into a changing and difficult world. The conclusion by many analysts at this time is that only those businesses that target a comprehensive and diverse energy strategy, which really balances out the risks and rewards will create and maintain enough competitive advantage and industrial momentum to gain lasting success in the resource-constrained world of today. The rearview mirror image however looks good: 2011 was a record year for investment flows and government support to the very broadly defined "clean energy and sustainable development" space.

Monday, May 28, 2012

Will Gold and Silver Fall Hard with the Euro? / Commodities / Gold and Silver 2012

By: Julian_DW_Phillips

For many years now gold and silver -by its pattern of following gold wherever it goes-- have been treated by traders, investors and central banks as a 'counter to the U.S. dollar' and quite rightly so; this definition, however, applies primarily to the long-term value of the dollar and not simply to the daily gyrations of the dollar's exchange rate.

Monday, May 28, 2012

July Key Month for Gold as US Futures Positions Steady / Commodities / Gold and Silver 2012

By: Adrian_Ash

LONDON's benchmark wholesale gold price rose 0.8% in Asian and London trade Monday, touching $1584 per ounce before easing back as silver also retraced early gains and European stock markets halved their initial rise.

Press reports said Madrid may move to support both the failed Bankia lender and Spain's cash-strapped regional governments with new public debt.