Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, August 30, 2013

Gold Erases Week's 2.5% Gain After UK Rejects Syrian Action / Commodities / Gold and Silver 2013

By: Adrian_Ash

The PRICE of gold fell $15 in London trade Friday morning, reversing the last of the week's 2.5% gain to sit flat at $1395 per ounce.

Silver had already slipped, and then also fell hard as London opened for business, dipping below $23.50 per ounce.

Friday, August 30, 2013

The Shadowy Web of Collateral and War / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

It seems that few people have yet realized the possible scenario that a repo market failure will result in a liquidity freeze that can then spark off a full scale financial collapse.

The financial and economic system seems so vulnerable to just in time delivery on virtually everything that such a failure will cause social chaos in the short term and severe damage to confidence in the longer term.

Friday, August 30, 2013

Gold, Silver and Unsuccessful Parasites / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

Successful parasites do not kill their hosts, yet the currently parasitic banking system seems to be unsustainable for this very reason.

Like an ineffective parasite, the huge international banks have sucked the juice from and distorted their hosts — the economy, the financial system, and even the culture — to the point of a sudden collapse potentially occurring.

Friday, August 30, 2013

Jim Rogers Agrees Crude Oil and Gold Will Go Much Higher / Commodities / Commodities Trading

By: Money_Morning

Diane Alter writes: Legendary commodity investor Jim Rogers sees some serious problems stemming from the situation in Syria and the end of the U.S. Federal Reserve's generous flow of money.

In an interview with Reuters on Tuesday, Rogers said "oil and gold will go much, much higher" due to a "market panic."

Friday, August 30, 2013

Tis the Season… For Gold / Commodities / Gold and Silver 2013

By: Investment_U

Sean Brodrick writes: The first half of this year saw relentless, almost furious selling of gold by big banks and exchange-traded funds.

Investors sold 684.64 metric tons of gold held in exchange-traded products this year, erasing $54.3 billion in value.

Friday, August 30, 2013

New Contagion Brewing Means Gold New Mega-Highs Possible / Commodities / Gold and Silver 2013

By: Michael_J_Kosares

Gold could see new mega-highs according to two prominent international bank economists by Michael J. Kosares

While all eyes have been on Syria, what might turn to be a much more insidious problem for the world economy has been bubbling below the surface – and for the most part out of the public eye – in what we used to call the “third world.” In the end, what amounts to a new currency and debt debacle in the emerging world could undermine the world’s stock markets, including Wall Street, the value of those country’s currencies as well as the debt denominated in those currencies. The list includes China, India, Brazil, Argentina, Indonesia, South Africa, Russia and Mexico – just to name a few (and we won’t even get into the problems in the southern rim of Europe). Some see the developing situation as a repeat of the 1996-1997 Asian contagion, but it goes beyond the Pacific Rim, as just noted, to include most of the southern hemisphere.

Thursday, August 29, 2013

Gold and Silver Drop as Syrian Military Strike Delayed / Commodities / Gold and Silver 2013

By: Adrian_Ash

BENCHMARK physical gold prices retreated 2% from yesterday's 3-month high of $1433 per ounce early Thursday in London, hitting $1405 per ounce before rallying $10 and shrugging off a stronger-than-expected revision to US economic growth.

World stock markets rose for the first time in four sessions, whilst crude oil eased 0.5% lower from this week's new 6-month highs.

Thursday, August 29, 2013

Gold Price is Going Higher Whether or Not FED Tapers / Commodities / Gold and Silver 2013

By: Jason_Hamlin

The Federal Reserve is in a very tough position. Despite unprecedented amounts of stimulus, GDP growth is anemic, unemployment remains historically high, durable goods orders have plunged and rising rates are harming the housing rebound. If this is all that can be accomplished with record low rates and trillions in quantitative easing, the underlying health of the economy must be magnitudes worse than believed.

Thursday, August 29, 2013

Gold, Silver and Mining Stocks Flash Short Sell Signal / Commodities / Gold and Silver 2013

By: Chris_Vermeulen

It has been a bumpy ride for precious metal investors over the past couple of years and it unfortunately I do not think its over just yet.

The good news is that the bottom has likely been put in for gold, silver and gold miners BUT the recent rally in these metals and miner looks to be coming to an end. While we could see another pop in price over the next week or so the price, volume and momentum see to be stalling out.

Thursday, August 29, 2013

Another Chance Coming to Buy Gold Mining Stocks / Commodities / Gold and Silver Stocks 2013

By: Jordan_Roy_Byrne

Last week we wrote: “Technically, the gold stocks continue to follow a typical post-bottom rebound path and look very strong. The daily RSI of GDX is at a 10-month high as GDX consolidates around $30. We’d love to see GDX consolidate for a few weeks but it may break above $31 within days.” On Monday and Tuesday GDX traded up to $31 but failed to close above it. Tuesday we saw a nasty bearish reversal which confirms that GDX over the very short-term will correct and consolidate its gains. This is good news as it will alleviate the overbought condition and put the market in position to launch a sustainable breakout around the end of September.

Wednesday, August 28, 2013

Gold Mining Stocks Write-Downs: Death Sentence or Opportunity? / Commodities / Gold and Silver Stocks 2013

By: Jeff_Clark

For many primary gold producers, Q213 was a breathtakingly bad quarter. It wasn't so much the massive drop in earnings many reported—those had been, for the most part, expected—but the so-called "impairment charges" announced.

(Impairment is the opposite of appreciation, that is, the reduction in quality, strength, amount, or value of an asset. "Impairment charges" means that a company reduces or "writes down" the value of the assets on its books.)

Wednesday, August 28, 2013

Silver Prices Back to April Crash Levels , "Flight to Safety" Seen Driving Gold / Commodities / Gold and Silver 2013

By: Adrian_Ash

The WHOLESALE price of gold touched its highest level since mid-May in London Wednesday morning, trading briefly at $1433 per ounce before edging $10 lower as European stock markets extended yesterday's losses.

US crude oil added another 1.2% to hit 2-year highs above $110 per barrel, while silver prices touched $25 per ounce – the best level since this April's gold crash, when the white metal dropped $4 in two days.

Wednesday, August 28, 2013

Gold and Crude Oil Ready For A Pull-back / Commodities / Gold and Silver 2013

By: Gregor_Horvat

We know that after every five wave move correction follow in three waves. And that’s exactly what is happening on OIL; we see a completed five wave move from 105.50 to 112.20 so market is now forming a pull-back; an a)-b)-c) move back to former wave four zone placed at 108.57.

Wednesday, August 28, 2013

Gold and Silver Ratio Signals Much Higher Silver Prices / Commodities / Gold and Silver 2013

By: Hubert_Moolman

It is natural to compare the current precious metals' bull market with that of the 70s, since there are many similarities between the two. Below is a comparison which illustrates some of the similarities between the two bull markets:

Tuesday, August 27, 2013

Crude Oil, Oil Stocks and the Gold Link / Commodities / Oil Companies

By: Nadia_Simmons

The second half of the previous week brought interesting pieces of economic data and disturbing geopolitical news.

On Wednesday, weekly inventory data from the U.S. Energy Information Administration (EIA) showed that crude oil inventories declined in line with forecasts. Traders had expected inventories to decline by 1.5 million barrels, while the actual decline came in slightly lower - at 1.428 million barrels. Taking into account another weekly inventory decline, current crude supplies are at their lowest level since Aug. 31 last year.

Tuesday, August 27, 2013

Why Silver Prices Will Double / Commodities / Gold and Silver 2013

By: Profit_Confidential

Michael Lombardi writes: As gold bullion prices declined in the period from April to June of this year, so did silver prices. And just like gold bullion, the bullish case for the white metal’s prices continues to build.

Demand for the white precious metal is not just robust; it is rising. The chart below compares sales of silver coins at the U.S. Mint in the months of January to July of 2012 and 2013.

Tuesday, August 27, 2013

GOLD Five Waves Up Suggest A Corrective Retracement / Commodities / Gold and Silver 2013

By: Gregor_Horvat

Gold broke to a new high on Friday as expected after recent sideways price action above 1350 area, which was a fourth wave so now market is in wave five, final leg of an impulsive move which means that reversal in price may follow in this week.

Tuesday, August 27, 2013

Gold and Silver Pop Like Coiled Springs / Commodities / Gold and Silver 2013

By: Jesse

Gold and Silver Pop Like Coiled Springs

Gold in particular was under pressure since yesterday evening, with a concerted effort being made to hold the line on price around the $1400 level.

This is a big week for gold and silver, with COMEX option expiration tomorrow, and the end of August delivery on Friday, with available inventory at record low levels for this bull market. There was intraday commentary on this here.

Monday, August 26, 2013

Gold Price Forecast 2014... Another Brick in the Wall ? / Commodities / Gold and Silver 2013

By: Rambus_Chartology

In this Weekend Report I would like to show you gold from the short term perspective to the long term look and everything between. As you know gold made a bottom back in June of this year that is still the low point for this two year correction. The question on everyone’s mind is this THE BOTTOM? There is never a way to know absolutely for sure until time passes but we can use some Chartology and see what it is showing us.

Saturday, August 24, 2013

COMEX Gold Stocks Plunge To New Low as s JPM Takes a Large Delivery / Commodities / Gold and Silver 2013

By: Jesse

Registered (deliverable) gold on the COMEX fell to a new low as JPM took delivery of 28,809 ounces from Scotia Mocatta.

There were a few transfers from the Eligible to Registered category with the only one of note being 4,605 ounces at Scotia Mocatta.