Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, November 29, 2013
Junior Gold Stocks Rabbit Hole / Commodities / Gold and Silver Stocks 2013
By: Zeal_LLC
Lewis Carroll’s Alice in Wonderland is a timeless tale that chronicles the journey of a young girl into a psychedelic fantasy land. This tale is one that turns logic upside down, and takes us into a bizarre world that defies reality. To get to this world Alice falls down a precarious rabbit hole, perhaps the same one that has swallowed the junior gold stocks.
The juniors have seen so much carnage lately that investors have completely disregarded their sector. And this disregard has sent them down a proverbial rabbit hole, into a world that is bizarre and illogical to say the least. Though these stocks certainly don’t have much support with gold prices so weak lately, popular consensus that their sector is dead is pure fantasy.
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Friday, November 29, 2013
U.S. Dollar, Euro and Their Influence on Gold and Silver / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
In our essay on precious metals from Nov. 22, we focused on the markets from the long-term perspective. As we wrote in the summary:
(...) the final bottom for the decline in gold, silver and mining stocks doesn't seem to be in just yet.
On the next trading day, after the essay was posted, gold, silver and mining stocks declined and dropped to their fresh monthly lows. Although we've seens some improvement in recent days, precious metals still have been trading in the narrow range.
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Friday, November 29, 2013
Gold Worst November for 35 Years / Commodities / Gold and Silver 2013
By: Adrian_Ash
WHOLESALE London prices for gold pushed higher in quiet trade Friday morning, on course for the largest November drop since 1978 in US Dollar terms.
Down 5.9% from the last London Fix of October, Dollar gold this morning touched $1249 per ounce.
Friday, November 29, 2013
Is This The Right Time To Get Into Gold? / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,245.25, EUR 915.29 and GBP 763.07 per ounce.
Yesterday’s AM fix was USD 1,241.75, EUR 913.12 and GBP 760.46 per ounce.
Yesterday the markets were closed in the U.S. for the Thanksgiving national holiday.
The closing fix in London was USD 1,245.50, EUR 915.54 and GBP 761.59 per ounce.
Friday, November 29, 2013
Silver and Gold as Currency Commodities / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
Gold and silver have a 6000 year history for their use as a currency, and until the last century, the price of gold and silver maintained a healthy valuation ratio of 1 ounce of gold to every 15 ounces of silver.
This purchasing power ratio is strengthened by the fact that there are 17 ounces of silver for every 1 ounce of gold in the earth's crust, although physical silver stocks have dwindled as the metal is used in a wide variety of industrial applications.
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Friday, November 29, 2013
What the Iranian Nuke Deal Means for the Crude Oil Markets / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: The big news over the weekend was the apparent “breakthrough” with Iran.
I say “apparent” because we don’t know much about the substance of the deal. The reason is because the substance doesn’t exist yet.
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Thursday, November 28, 2013
Gold At a Crossroads / Commodities / Gold and Silver 2013
By: Aden_Forecast
Despite its recent weakness, the world is still viewing gold as a store of value.
Overall demand remains strong. As Eric Sprott points out, " It's staggering to think demand for gold is twice global mine production."
China is now the largest gold buyer and producer in the world. And with their economy looking better, gold continues getting a big boost from this area.
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Thursday, November 28, 2013
HUI Gold Stocks Has Penetrated Its June Lows, Bullion and Silver To Follow / Commodities / Gold and Silver Stocks 2013
By: Bob_Kirtley
The June low for the gold mining sector was believed to the bottom for gold miners and as such presented a buying opportunity for the precious metals community. At the time we greeted this event with some trepidation and described the capitulation as a capitulation of sorts, but not a final one.
In any bull market we have to climb the wall of worry and gold and silver did exactly that in the first phase of this bull market as many objectors denounced its progress. This wall of worry will always be with us as gold clings on in the hope that there is a U-turn coming and the bull returns with a vengeance.
Thursday, November 28, 2013
Why Gold and Silver Hate Easy Money / Commodities / Gold and Silver 2013
By: Clif_Droke
Ben Bernanke recently provided some clarity to the confusion surrounding the Fed’s QE stimulus program. He indicated that the near-zero Fed Funds rate will likely remain at that level long after ending asset purchases under quantitative easing (QE). This satisfied Wall Street and provided much relief, allowing a mini-rally to transpire in equities but providing additional selling pressure for gold and silver. Read full article... Read full article...
Thursday, November 28, 2013
Gold’s Organized Retreat, Who Benefits? / Commodities / Gold and Silver 2013
By: Michael_J_Kosares
“There are insiders here who are in a position because of their inside knowledge to benefit from this intentional manipulation that is ongoing. These people, I suspect, are accumulating physical gold at artificially depressed levels.
Certainly we’ve noticed some of these suspects converting at very attractive prices their holdings of GLD into physical. This typically gets reported in the mainstream media as Soros, or name another elite, selling or reducing their stake. And this just isn’t right. For the most part these entities are converting their (paper) gold into physical (gold) in lots of 100,000 (shares of GLD). They have the wealth to do that.
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Wednesday, November 27, 2013
Crude Oil Price Balancing Act For The Trader Community / Commodities / Crude Oil
By: Andrew_McKillop
MODERATION AND EXCESS
In the immediate wake of the Iran sanctions-unwinding agreement thrown together with many unanswered question in Geneva, Sunday night, Brent crude fell $2.29 or about 2.7% to settle at $108.76 a barrel, while US-traded West Texas Intermediate was down $1.44 to $93.40, in response to the agreement. Analysts were however quick to warn that Iranian exports are unlikely to jump in the short term because key limitations on sales – including a ban on crude oil but not finished product exports to the EU – will remain in place until a comprehensive deal is reached, starting six months from now.
Wednesday, November 27, 2013
The Iran Nuclear Deal: What the Big Six Really Have to Gain / Commodities / Crude Oil
By: Marin_Katusa
Over the weekend, the world changed.
Officials from Iran made a deal with six countries (the US, Russia, China, England, France, and Germany)—in exchange for suspending the world's sanctions on Iran, Iran will curb its nuclear weapons program.
Though it's only a six-month interim agreement for now, it's an important first step toward bringing Iran economically closer to the rest of the world.
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Wednesday, November 27, 2013
Gold Miners Look To Break Below June Low / Commodities / Gold & Silver Stocks
By: GoldSilverWorlds
I’m looking for the miners to break below the June Low, but for Gold to hold above it. A decline by miners below the low should trigger exhaustion selling, but if Gold doesn’t confirm, it should mark a significant bear trap for investors in miners. If Gold holds above the June low, additional weakness in miners should be short-lived…and a final bottom in miners will become more likely.
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Wednesday, November 27, 2013
Are Weak Gold Prices an Opportunity of a Lifetime Investors? / Commodities / Gold and Silver 2013
By: Profit_Confidential
Michael Lombardi writes: Given the recent further weakness in the price of gold bullion, should investors be running for the exit doors?
Some well-known “gold bugs” have recently turned bearish on the precious metal. But I’m on the opposite side of the spectrum; I see the pullback in gold prices as an opportunity of a lifetime for contrarian investors.
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Wednesday, November 27, 2013
Gold and Silver When Money Is Corrupted - Video / Commodities / Gold and Silver 2013
By: hiddensecretsofmoney
Welcome to the 5th episode of Michael Maloney’s Hidden Secrets Of Money. In this instalment, we travel to Berlin and Frankfurt, where we were able to film the money museum inside the Bundesbank…one of the world’s largest Central Banks.
This episode serves as an ideal primer for those waking up to the monetary matrix around them, as it clearly shows the history of true money and why it so important to our freedom. The quality of a society is directly proportional to the quality of its money. Debase a currency for long enough, and you end up with dangerous deficits, debt driven disasters, and eventually…delusional dictators. History proves this to be true.
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Tuesday, November 26, 2013
Stocks to Oil Ratio Implications for Crude Oil Price / Commodities / Crude Oil
By: Nadia_Simmons
In our commentary from Nov. 14, you could read about the connection between oil stocks and the general stock market. Back then, we wrote the following:
(…) we clearly see that the XOI and the S&P 500 have moved roughly in the same direction in the recent years (…) a strong positive correlation remains in place also on a short-term basis.
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Tuesday, November 26, 2013
Gold Bulls Get Another Shock / Commodities / Gold and Silver 2013
By: Ed_Carlson
Gold bulls got another shock last week (assuming they're still watching the 'golden anchor'). Gold has breached the neckline of a head-and-shoulders pattern which has been five months in the making. On the chart below, readers can see the left shoulder in July, the head in August, and the right shoulder in October.
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Tuesday, November 26, 2013
Gold Brief Pause or Final Bottom / Commodities / Gold and Silver 2013
By: Toby_Connor
Something may have changed today in the gold market. For one I think gold probably formed a minor daily cycle bottom today. But what I'm really talking about is the complete recovery from another middle of the night attack. For most of the last year these late night attacks have worked wonders for sending gold crashing through technical levels and triggering stops. Today however it simply didn't work for the first time.
Tuesday, November 26, 2013
Gold Bullion ETF and Fund Drain - Comex Registered Stocks at 69 to 1 / Commodities / Gold and Silver 2013
By: Jesse
This chart shows the amount of gold that has been taken out of the vaults of various funds and ETFs since the beginning of this year.
The number in black is the total number of tonnes that have been removed from their vaults, presumably to be sold off into the market, most likely heading for points East.
Tuesday, November 26, 2013
The Uranium Race Is Set to Resume – Price Surge Could Begin in Days / Commodities / Uranium
By: Money_Morning
Peter Krauth writes: One in every 10 lightbulbs in the United States gets its power from Russian fuel. It's been that way ever since 1993, when the Megatons to Megawatts program began.
Under this agreement, the highly enriched uranium (HEU) contained in ex-Soviet nuclear weapons was downblended and converted into nuclear fuel.
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