Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, August 21, 2013

Is India Preparing to Confiscate its Citizens Gold? / Commodities / Gold and Silver 2013

By: Julian_DW_Phillips

In 1991, the Indian government pledged the nation's gold reserves against foreign loans that were provided to the nation from international sources. So they have already trodden the path of using gold to support their international presence and in international dealings.

The Indian Rupee exchange rate continues to decline, and far faster than other currencies. Over the last couple of years the Indian Rupee has fallen from Rs.42 to the dollar to the current rate of over Rs.63 to the dollar. While this reflects, in part, the withdrawal of 'hot money' (carry trade investments taking advantage of interest rate differentials between the dollar and the rupee) from the country, it also reflects the waning confidence in the Indian economy - although it continues to grow at over 5% -- and its currency. The Balance of Payments continues to worsen.

Wednesday, August 21, 2013

Will the Stock Market S&P 500 Impact Gold Stocks? / Commodities / Gold and Silver Stocks 2013

By: Jordan_Roy_Byrne

With recoveries come questions. Will this last? Is this just setting up a bigger decline? The current recovery in the gold stocks has been both strong and broad based. It has occurred at a time when the stock market seems vulnerable. The stock market is up substantially since 2009. Yet, the most recent gains have resulted almost entirely from margin expansion rather than profit growth. Meanwhile, nominal GDP growth is the lowest ever (ex recessions). Gold stocks are up 16.8% in the last 13 days while the S&P 500 has declined by 3.4%. Should gold stock investors and speculators worry about the effect of a deeper decline or cyclical bear market on the mining sector? History says no.

Wednesday, August 21, 2013

Fracking Trucks Reveal Energy's Most Underreported Boom / Commodities / Fracking

By: Money_Morning

Dr. Kent Moors writes: Now that the rig market for oil and gas projects is heating up again, it's time to invest where energy's big-money cycle actually begins.

After all, without a rig, a well is nothing more than a dot on a map.

That's why the oil field service (OFS) business always improves before the fortunes of field production companies.

Tuesday, August 20, 2013

What Happens When You Tell Indians to Stop Buying Gold / Commodities / Gold and Silver 2013

By: Frank_Holmes

India’s demand for gold during the second quarter of 2013 topped all other countries, according to the latest World Gold Council data. As noted by GoldCore, the demand for gold in India rose to its “highest in the last 10 years,” with jewelry, bars and coins demand, capping 310 tons during the period.

Tuesday, August 20, 2013

Silver To Rally Due To Coming Dow Stock Market Crash / Commodities / Gold and Silver 2013

By: Hubert_Moolman

Since the last update, the Dow has had a rally which exceeded the previous all-time high. The rally appears to be nothing significant, since it was likely just a retest of the previous breakdown – See the Dow -chart below (from freestockcharts.com):

Tuesday, August 20, 2013

Crude Oil Price Corrective Pause Appears Complete; 110 Back in View / Commodities / Crude Oil

By: Gregor_Horvat

OIL is trading slightly lower after recent reversal from the upper channel resistance line shown on the 4-hourly chart. However, we cannot ignore a three wave decline from July high which is clearly a contra-trend movement, called a zig-zag in Elliott Wave theory. With that in mind, we will continue to look for higher prices on crude oil as long as 102.15 support is in place. As such, we suspect that current set-back is wave (ii) that may look for a support in 104-105 zone, in one of the Fibonacci support levels. Reversal from there, in impulsive fashion back to 108 will be nice indication for a bullish moves, but then towards 110 level.

Tuesday, August 20, 2013

U.K. Gold 'Exports' To Switzerland Explode Due To Allocated and Asian Demand / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,365.75, EUR 1,020.28 and GBP 871.29 per ounce.
Yesterday’s AM fix was USD 1,375.25, EUR 1,031.39 and GBP 878.47 per ounce.

Gold fell $6.40 or 0.47% yesterday, closing at $1,366.60/oz. Silver edged down $0.02 or nearly 0.09%, closing at $23.16. Platinum fell $14.52 or 1% to $1,504.49/oz, while palladium was down $10.75 or 1.4% to $749.75/oz.

Tuesday, August 20, 2013

Drivers for Silver Price Up Trend / Commodities / Gold and Silver 2013

By: Money_Morning

Tony Daltorio writes: After slipping nearly 40% this year by June, silver prices today have rebounded, and now trade near $23 an ounce. Silver ended the week up 14%.

This puts the precious metal at a level not seen since May.

There are several reasons for this move up in silver prices - reasons that will carry silver prices to $40 an ounce - and then $60 an ounce - by 2014.

Tuesday, August 20, 2013

Gold Bugs Will Love This Gold Price Chart / Commodities / Gold and Silver 2013

By: Money_Morning

David Zeiler writes: There's no shortage of catalysts pushing gold prices higher, but now gold bugs have another...

A technical analysis of the chart depicting gold's rocky ride over the past nine months shows that gold prices have only just begun to break out to the upside.

Tuesday, August 20, 2013

GET READY - The Great Transfer of Wealth in Gold & Silver is Coming / Commodities / Gold and Silver 2013

By: Steve_St_Angelo

The U.S. Economy stands at the edge of the abyss while the financial MSM debates whether or not the FED will taper in the fall.  Silly analysts.  Serious cracks are beginning to appear in the economy while the precious metals have now seemingly decoupled from the broader stock market in a big way.

Monday, August 19, 2013

Gold’s Relationship with the Indian Rupee / Commodities / Gold and Silver 2013

By: Nadia_Simmons

According to Reuters, last week India hiked the import duty on gold yet again to a record 10% and raised excise duty on the metal, as imports jumped in July despite the government's attempts to strangle supply and curb demand to rein in dollar spending.

This decision resulted in a further rally and gold prices in India rose to their four-month high on Friday. Today, the yellow metal extended gains and climbed up to over Rs 86,000 per ounce. It’s gold’s highest level since April 10, 2013.

Monday, August 19, 2013

Case of the Missing Corn / Commodities / Agricultural Commodities

By: Ned_W_Schmidt

200 million bushels of corn suddenly disappear. Could the mystery of the disappearing corn be rich material for Erle Stanley Gardner? Probably not. Most of that disappearing corn was fantasy corn, existing only in the imagination of some forecasters. That missing corn was revealed in USDA's latest World Agricultural Supply & Demand Estimates(WASDE). Further, analysis of USDA's acreage certification report by Bryce Knorr of FarmFutures.com suggests that USDA estimates for U.S. corn acreage may be too high by as much as 2.7 million acres. Should Knorr be correct, another 300 million bushels of corn may disappear.

Monday, August 19, 2013

Silver Price 13% Jump Confirms Recovery in Gold Even as T-Bond Yields Rise / Commodities / Gold and Silver 2013

By: Adrian_Ash

WHOLESALE GOLD edged back from last week's two-month closing high on Monday morning, recording its best London Gold Fix since 18th June above $1375 per ounce.

World stock markets slipped, with Indonesia dropping 5.5%, as major government bond prices also fell, driving interest rates higher.

Monday, August 19, 2013

Gold and Silver - What IF This has all been one Giant Half Way Pattern? / Commodities / Gold and Silver 2013

By: Rambus_Chartology

Editors Note : Last Weekend report , Rambus Showed a Provocative Scenario For the Precious Metals Markets dubbed “What If 1 : Circa 2013″

This Scenario was based on a comprehensive and rather complex analysis of the Chartology of the Precious Metals

http://rambus1.com/?p=15405 :

Saturday, August 17, 2013

Gold And Silver Fundamentals Never Say When, Charts Do, It Pays To Listen / Commodities / Gold and Silver 2013

By: Michael_Noonan

Finally, a classic example on the importance of reading developing market information, as shown in a chart!

For the past several months, everyone interested in Precious Metals, PMs, has been deluged with never-ending fundamental information about the unprecedented demand for physical gold and silver. Much of the information was compelling, yet, if anyone tried to buy into [paper] futures, it was a financial disaster, despite such strong demand for the underlying physical. It was the lying manipulators of the COMEX and LMBA exchanges that made the differences.

Saturday, August 17, 2013

Gold Daily and Silver Excelsior / Commodities / Gold and Silver 2013

By: Jesse

Friday, another up day for the metals, with silver once again leading the charge.

There was an early morning 'dipsy-doodle' just to keep the day traders from banging their F12 buttons too steadily.

Friday, August 16, 2013

It’s TimeTo Buy Gold Again / Commodities / Gold and Silver 2013

By: Sy_Harding

Gold has been in a significant bear market since reaching a record high at $1,910 an ounce in 2011. In its collapse gold bullion lost $705 an ounce or 37% of its value to the recent low at $1,195. The gold mining stocks, as measured by the XAU Index of Mining stocks, crumpled even more dramatically, plunging 63% over the same period.

Friday, August 16, 2013

Gold GLD ETF Investors Exodus Reversal / Commodities / Gold and Silver Stocks 2013

By: Zeal_LLC

The flagship GLD gold ETF has suffered a radically unprecedented mass exodus this year.  The capital fleeing this single vehicle was the primary reason gold plunged so dramatically in 2013’s first half.  But just this week, money started flowing back into GLD for the first time in months.  This likely marks the dawn of the GLD exodus’s reversal, which is wildly bullish for gold.  Falling stock markets will play a critical role.

The GLD gold ETF is now formally called SPDR Gold Shares.  Rising from modest beginnings nearly 9 years ago, it has grown into a dominant force in the global gold markets.  This is because GLD acts as a conduit for the vast pools of US stock-market capital to easily and quickly flow into and out of gold bullion.  These capital flows can greatly affect overall gold demand over short periods of time, buffeting gold’s price.

Friday, August 16, 2013

Warning Don’t Try to Time the Gold Market / Commodities / Gold and Silver Stocks 2013

By: Casey_Research

Don't ask Louis James if the gold price has reached bottom. He doesn't care. The senior editor with Casey Research is too busy trying to ferret out those gold miners with a bird in the hand, as he calls it in this interview with The Gold Report. He travels the world, most recently visiting Ethiopia, looking for companies with an overlooked story, an undervalued mine, an underappreciated grade. While James knows no one can time the market, he is quite certain he has found some good values.

Friday, August 16, 2013

When Silver Shortages Reach the Mainstream / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

Many observers have realized that the price of silver will rise dramatically at some point because the amount of paper silver is many times the amount of physical silver. When this fact is even partially acknowledged by the mainstream, silver will probably move much higher.