Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, March 13, 2012

'The Gray Hairs and the Slick Hairs' (notes from PDAC) / Commodities / Metals & Mining

By: Marin_Katusa

Marin Katusa, Casey Research writes: Many of Casey Research's editors and analysts spent last week in Toronto at the annual Prospectors and Developers Association of Canada (PDAC) convention. PDAC is one of the biggest resource conventions in the world – this year more than 30,000 people attended the show.

Tuesday, March 13, 2012

Gold Buyers "On the Sidelines" Playing "Wait and See" Ahead of FOMC Announcement / Commodities / Gold and Silver 2012

By: Ben_Traynor

SPOT MARKET gold prices drifted as low as $1694 per ounce Tuesday morning in London – 1.3% down on the week so far – while stocks and commodities rose slightly and US Treasuries dipped ahead of today's US Federal Reserve interest rate decision.

Silver prices fell to $33.43 per ounce – 2.5% down on last week's close – before, like gold, recovering some ground before lunchtime.

Tuesday, March 13, 2012

Buy Gold Because a Currency Crisis is Coming / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,694.75, EUR 1,291.44, and GBP 1,082.63 per ounce.

Yesterday's AM fix was USD 1,705.25, EUR 1,299.93 and GBP 1,088.57 per ounce.

Tuesday, March 13, 2012

The Need for Updated Gold Stock Indices / Commodities / Gold & Silver Stocks

By: Jordan_Roy_Byrne

The underperformance of gold stocks was a hot topic at PDAC and continues to dominate discussion in industry circles. As to why the sector is underperforming, we hear numerous reasons. The conspiracy crowd will claim manipulation or hedge fund shorting. More well-reasoned thoughts include the struggle of large miners to adequately replace reserves and grow production and the continued issuance of shares. We believe one key reason is that the bull market is in the wall of worry phase and in this phase valuations compress as investors are nervous of among other things, another major correction. The HUI is trading at 15x trailing earnings and only 13x 2012 earnings. If the market returned to the historical average valuation of 28x earnings, then share prices would double (and that assumes present earnings). Yet, does the HUI or XAU even adequately represent the mining stock universe anymore?

Tuesday, March 13, 2012

What Commodity Bubble? Gold, Silver, Rare Earth and Uranium Miners Rebound / Commodities / Metals & Mining

By: Jeb_Handwerger

Far be it for Gold Stock Trades to indulge in hubris, nevertheless with all humility we not only saw this risk on rally forming in early October but reiterated on many occasions "be not dismayed by recent declines." "Commodities are not in a bubble." "Patience and Fortitude."

Recent action exemplifies the importance of not being trigger happy when it involves the commodity arena especially precious metals, uranium and rare earths. Volatility can daunt even the most resolute of investors.

Tuesday, March 13, 2012

Are Investors Still Bullish on Gold? / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

According to Bloomberg, hedge funds decreased bets on higher commodity prices for the first time in seven weeks. This comes shortly after China cut its official economic growth forecast to 7.5 percent this year, the lowest since 2004. While money managers slashed bets on copper by the most in two months, demand for precious metals remains strong.

Monday, March 12, 2012

Silver the Restless Metal / Commodities / Gold and Silver 2012

By: William_Bancroft

Silver is a much smaller market than the gold market and quality research about the poor man’s gold can be less easy to find. One academic who does stand out though is the late Professor Roy Jastram, whose works on gold lead him to an investigation into silver’s monetary history and record. His book ‘Silver: the restless metal’ is much cited by silver experts like David Morgan, but being out of print is now not that easy to get hold of. The Amazon book markets in the US and UK were trading at >$140 when we looked, so we headed down to the British Library in London to get hold of a copy. Published in 1981, this book is a look at silver’s recorded monetary history with a forward look at what the future might hold for the silver price.

Monday, March 12, 2012

Battered Gold Drops Below $1700 / Commodities / Gold and Silver 2012

By: Ben_Traynor

THE DOLLAR gold price fell back through $1700 an ounce as US markets opened on Monday, continuing its slide begun when Asian markets opened several hours earlier.

The silver price dropped to $33.63 per ounce – a 2.0% fall on last week's close – while stocks and commodities edged lower and US Treasury bond prices gained.

Monday, March 12, 2012

China's SAFE: "We Wont Put All The Eggs In One Basket" / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,705.25, EUR 1,299.93, and GBP 1,088.57 per ounce.

Friday's AM fix was USD 1,699.50, EUR 1,285.36 and GBP 1,078.30 per ounce.

Monday, March 12, 2012

Silver Chart Analysis Indicates Why Silver Price Is Likely To Pass $150 / Commodities / Gold and Silver 2012

By: Hubert_Moolman

In a previous article, I wrote about the shift to measuring wealth in ounces instead of Dollars. In that same article, I expressed my opinion that I consider silver bullion to be one of the best current opportunities to increase one's gold ounces.

Here, I would like to point out some interesting signals on the long-term chart for silver.

Saturday, March 10, 2012

Gold's Inflation Problem / Commodities / Gold and Silver 2012

By: Adrian_Ash

Gold goes up with inflation. Except when it goes up regardless...
 
EVERYBODY'S fretting about inflation. Central bankers say there's too little, or will be (just you wait). Lesser mortals feel there's way more than the official numbers let on. And finance professionals think there's a lot more ahead.

Saturday, March 10, 2012

Do Gold and Silver Investors Believe QE Will Be Dialed Back? / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

After two days of consecutive gains, gold and silver briefly dipped into the red after Friday’s job report. The Labor Department’s monthly report said the United States economy added 227,000 jobs in February, compared to expectations of 213,000. Furthermore, hiring in January and December were better than previously thought. Those figures were revised to show 61,000 additional jobs. The economy has generated an average of 245,000 new jobs in each of the last three months.

Friday, March 09, 2012

Crude Oil Stocks Room to Run / Commodities / Oil Companies

By: Zeal_LLC

With Iran waxing belligerent again, oil has been making headlines lately.  Stock speculators and investors are anxiously watching its price, gaming how oil stocks are likely to react to various oil-price scenarios.  And since the oil complex has already enjoyed a strong upleg, plenty of topping fears exist.  But the technicals of oil and the leading oil-stock index, as well as their ratio, show lots of room to run higher yet.

Friday, March 09, 2012

Possibility of a Bounce Up in Gold and Silver / Commodities / Gold and Silver 2012

By: Przemyslaw_Radomski

On Tuesday gold prices continued to break down, falling for a fifth consecutive day breaking below the 200-day moving average. On February 6th we suggested getting out of the speculative long positions, and reiterated it yet once again just a day before the crash. But this week on Tuesday, our SP Gold Bottom Indicator flashed a long-term buy signal. The indicator is just one of the unique proprietary investment tools developed by Sunshine Profits, available only to our subscribers. We tend to take this particular signal seriously since it has proved to be uncannily accurate in the past (you can click the chart to enlarge it if you’re reading this essay on sunshineprofits.com).

Friday, March 09, 2012

Time to Accumulate Gold and Silver / Commodities / Gold and Silver 2012

By: Jeff_Clark

Jeff Clark, Casey Research writes: Do you own enough gold and silver for what lies ahead?

If 10% of your total investable assets (i.e., excluding equity in your primary residence) aren't held in various forms of gold and silver, we at Casey Research think your portfolio is at risk.

Friday, March 09, 2012

Natural Gas Fracking Boom Turns Sour / Commodities / Natural Gas

By: Andrew_McKillop

Exxon Mobil's CEO Rex Tillerson, unveiling bad news on Exxon's intense program to develop shale and stranded gas resources, said March 8th that some shale formations in Europe and China are impervious to drilling techniques that opened vast reserves of US natural gas and identified potential shale oil reserves, from Texas and Pennsylvania to North Dakota. He concluded that new methods and techniques will need to be invented to tap many of the shale fields that energy companies and governments across the world, with a few exceptions hope eventually will yield a bonanza of gas and then oil.

Friday, March 09, 2012

Gold and Silver Down on Week, Stocks and Dollar Rally Following U.S. Nonfarms Release / Commodities / Gold and Silver 2012

By: Ben_Traynor

SPOT MARKET gold prices fell by over $20 an ounce within one hour Friday lunchtime in London, while stock markets rallied along with the Dollar immediately following the release of monthly US jobs data.

Dollar gold prices fell over 1% to below $1680 per ounce, while silver prices fell to $33.25 per ounce, while other commodities were relatively flat on the day.

Friday, March 09, 2012

Strong Silver Price in 2012 as Strengthening Investment and Industrial Demand / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,699.50, EUR 1,285.36, and GBP 1,078.30 per ounce.

Yesterday's AM fix was USD 1,701.50, EUR 1,287.26 and GBP 1,076.70 per ounce.

Friday, March 09, 2012

Dude, Where’s my Gold? / Commodities / Gold and Silver 2012

By: Jan_Skoyles

Amid reports of Germany and Switzerland requesting their gold from the United States, Jan Skoyles asks why do they want it back considering their monetary policies?  The repatriation of gold is a growing topic of interest since Venezuela demonstrated how much value they place on their gold reserves. With escalating gold prices, growing gold investment demand and faltering Western economies is it any wonder German and Swiss politicians are asking where their gold is.

Friday, March 09, 2012

Gold Stocks: Tread Carefully / Commodities / Gold & Silver Stocks

By: Bob_Kirtley

Clarity of vision can be lost in the everyday hustle and bustle of market gyrations, news events, political posturing and the whirlwind of activity that is our daily labor. So, from time to time we need to recap by establishing just what it is that we are trying to attain. It is said that if we can state the problem clearly we are half way to the answer, so here we go:

Question: What is it that we are trying to achieve?