Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, June 28, 2013

Gold Stealth Confiscation / Commodities / Gold and Silver 2013

By: Jesse

One remarkable thing about today's market action was the rebound in the miners even as gold underwent another waterfall bear raid of selling down to the 1200 level.

While one can assign any motives they wish to the speculation about if and why there is a stealth confiscation happening, I do believe that the trigger for this was the request from Germany to have their sovereign gold returned, and the refusal of the custodian in New York to do so until 2020.

Thursday, June 27, 2013

Sour Gold Investment Sentiment Suggests Biggest Quarterly Drop on Record / Commodities / Gold and Silver 2013

By: Ben_Traynor

WHOLESALE gold bullion prices fell back towards $1230 an ounce Thursday morning in London, having ticked higher in earlier Asian trading, as stocks and commodities were little changed on the day and the Dollar was also flat after showing little reaction to yesterday's downward revision for US economic growth.

Gold in Euros traded as low as €940 an ounce this morning, with gold in Sterling dipping as low as £802 an ounce.

Thursday, June 27, 2013

Gold Controls In India as Premiums Double on Strong Demand For Gold and Silver / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,232.00, EUR 945.51 and GBP 806.07 per ounce.
Yesterday’s AM fix was USD 1,229.00, EUR 942.85 and GBP 799.97 per ounce.

Gold fell $53.20 or 4.17% yesterday and closed at $1,224.10/oz. Silver slid to a low of $18.421 and finished down 5.46%.

Thursday, June 27, 2013

How Europe Will Help Gold Shine Again / Commodities / Gold and Silver 2013

By: Money_Morning

Martin Hutchinson writes: The Good News: The euro crisis has failed to explode in the last three years, in spite of repeated predictions that it would. Many commentators now rejoice that the problem is solved.

The Bad News: Don't believe it. While a few of the countries have made steps toward recovery, there are still several that haven't, and, by and large, those that haven't are larger than those that have.

Thursday, June 27, 2013

Who Killed the Gold Price? / Commodities / Gold and Silver 2013

By: The_Gold_Report

The gold price may have taken a tumble, but Ian Gordon, chairman and founder of the Longwave Group in British Columbia, is watching for a recovery. As bullishness in gold reaches some of its lowest levels, Gordon, in this interview with The Gold Reportsays he believes that is indicative of a turn and he discusses where he has invested his money to ride the upswing.

The Gold Report: On April 15, the gold price plunged about 9%—the biggest one-day loss ever for the yellow metal. Many gold investors got "murdered" that day. Has your personal investigation revealed any suspects?

Thursday, June 27, 2013

History's Opinion on the Gold Price Crash / Commodities / Gold and Silver 2013

By: Adrian_Ash

This crash in gold is hardly unprecedented. Nor is the likely price action over the next one and 3 months...

So over the last three months, gold prices have sunk 25.2% for US Dollar investors. That's some drop - the 40th worst rolling 3-month period since prices were floated during the death throes of the Gold Standard in 1968.

Thursday, June 27, 2013

Time for Gold to Climb the Wall of Worry? / Commodities / Gold and Silver 2013

By: PhilStockWorld

Zeroxzero said it best last night: Reading the apocalyptic tone in many of the comments today — the imminent demise of Japan, the imminent demise of France, the inevitable implosion of China, the Demolition Derby of Euro, Yen, Dollar and Swissie, and the collapse of gold — all viewed against the fiery background of a Middle East abandoned to war because we don't need its oil anymore, a Brazil, Australia, Latam & Africa whose commodities are now worthless, and an Asia and India whose cheap labor has become superfluous — I have been given the sense that we are now riding the Fifth Wave up the Limpopo with Yellow Jack.

Wednesday, June 26, 2013

Gold's Price Plunge Not Met by Stronger Physical Demand / Commodities / Gold and Silver 2013

By: Ben_Traynor

SPOT MARKET gold fell to its lowest level since August 2010 Wednesday, trading as low as $1224 an ounce, as stocks rallied along with the Dollar following better-than-expected US economic data a day earlier.

By Wednesday lunchtime in London, gold in Dollars was trading around 4% down on where it started yesterday's London session.

Wednesday, June 26, 2013

Gold and Silver Life Cycle Nears End – The Final Stage of Denial / Commodities / Gold and Silver 2013

By: Chris_Vermeulen

The life cycle of most things not matter what it is (living, product, service, ideas etc…) go through four stages and the stock market is no different. Those who recently gave in and bought gold, silver, mining stocks, coins will be enter this stage of the market in complete denial. They still think this is a pullback and a recover should be just around the corner.

Well the good news is a recovery bounce should be nearing, but if technical analysis, market sentiment and the stages theory are correct then a bounce is all it will be followed by years of lower prices and dormancy.

Wednesday, June 26, 2013

The Ben Bernanke Gold Correction - Why I Own Gold / Commodities / Gold and Silver 2013

By: Axel_Merk

I am an optimist. I'm no conspiracist. I just happen to think the road to hell is paved with good intentions. As a result, I own gold. Let me expand.

Wednesday, June 26, 2013

The Fed’s Forked Tongue, Means Gold's Price Rise Will be Explosive / Commodities / Gold and Silver 2013

By: Darryl_R_Schoon

When Helicopter Ben Bernanke

Said the helicopter would descend

The markets reacted and quickly fell

Fearing the party would end

But they forgot that Ben’s a banker

A breed whose trust is low

And they didn’t stop to consider

It might only be part of the show

Wednesday, June 26, 2013

Gold Expected Rally Could Taper off by Mid July / Commodities / Gold and Silver 2013

By: Ed_Carlson

The $88/oz. drop in gold last Thursday surely got the attention of a few - instilling fear in those who are still long the metal and greed in those who are not. While I doubt a final low will be seen in gold until the end of the year (the subject of another commentary) the time for a short bounce appears to be upon us.

Wednesday, June 26, 2013

Still Waiting For The Gold Rally, The Good News Bears / Commodities / Gold and Silver 2013

By: HRA_Advisory

Gold continues to struggle and so do explorers.  I am seeing encouragement in the trading of some discovery stories but this is a very small subset of the junior sector.  

I think the precious metals markets are well set up for a rally but gold rallies don’t usually happen in the summer.   It’s still possible but I don’t think a rally strong enough to drag the juniors along for the ride can be assumed in the short term.

Wednesday, June 26, 2013

Are You Protected from Crude Oil Price Downside? / Commodities / Crude Oil

By: The_Energy_Report

Remember when oil shot up to $148 a barrel? Chen Lin does, and he sees potential for Wall Street market manipulation to push the oil price in the opposite direction—as low as $47 a barrel. Plus, he's bearish on China now. The good news is that Lin, publisher of What Is Chen Buying/Selling?, was willing to share his personal investment strategy in his interview with The Energy Report. Find out where Lin booked profits this year and get the names he's turning to for protection against oil price downside.

The Energy Report: What have been the most important changes in the oil and gas markets since your last interview in February?

Tuesday, June 25, 2013

Now is the Time to Buy the "New Gold" / Commodities / Gold and Silver 2013

By: Money_Morning

Peter Krauth writes: On May 15, Christie's auction house sold a huge diamond to the Harry Winston firm for $27 million, setting a new record price for a colorless diamond in the process.

And while diamonds have been a girl's best friend long before Marilyn Monroe crooned those words, it's always been tough for investors to get into the game. Diamonds are considered one of those esoteric fields; an area of investing too small, complex, and exclusive to bother with for most.

Tuesday, June 25, 2013

Gold Price Forecasts Cut by Bank Analysts Again as US Fed Tries to Temper "Taper Talk" / Commodities / Gold and Silver 2013

By: Adrian_Ash

PRECIOUS METALS rallied in London on Tuesday morning as European stock markets also bounced with commodity prices.

Gold and silver recovered half of yesterday's 1.7% and 3.1% drops respectively.

The US Dollar eased back on the currency market, as did major government bond yields.

Tuesday, June 25, 2013

Buying Gold On Dip - Russia, Kazakhstan, Azerbaijan, Kyrgyz Republic, Turkey / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,285.00, EUR 979.42 and GBP 831.88 per ounce.
Yesterday’s AM fix was USD 1,283.25, EUR 978.98 and GBP 836.21 per ounce.

Gold fell $11.70 or 0.90% yesterday and closed at $1,282.30/oz. Silver slid to a low of $19.453 and finished down 2.14%.

Tuesday, June 25, 2013

Prediction for a Brand New World for Gold / Commodities / Gold and Silver 2013

By: The_Gold_Report

The quant who produces Trader Tracks newsletter tells The Gold Report that the technical charts project a brightening future for precious metals. Technical market analyst Roger Wiegand tracks annual trading cycles while keeping an expert eye on potentially disruptive world events. He is a stickler for fundamentals, though, when it comes to picking out the best juniors for safe bets in a cash-poor industry.

The Gold Report: In early 2012, Roger, you predictedthat the price of gold would rise to over $2,000/ounce ($2,000/oz) during the year. But as the overall stock market increased in value, the yellow metal went in the opposite direction. What happened?

Tuesday, June 25, 2013

Ben Bernanke's Real Message for Gold Investors / Commodities / Gold and Silver 2013

By: The_Gold_Report

Don't fall for propaganda from the Federal Reserve about tapering quantitative easing, says ShadowStats editor John Williams in this interview with The Gold Report. His corrected economic indicators show the U.S. is nowhere near a recovery and the Fed will have to increase rather than decrease bond buying to prop up the banks and push off inevitable dollar debasement. That could be very bad for savers, but good for gold.

The Gold Report: On Wednesday, the Federal Reserve hinted that it might begin tapering quantitative easing by the end of the year based on signs of an improving economy. Gold immediately dropped from $1,347 an ounce ($1,347/oz) to $1,277/oz, a 7% decline and the lowest price in more than two years. The Dow Jones Industrial Average and NASDAQ were also off more than 2%. You called this "jawboning" and said that due to stresses in the banking system the Fed would be obliged to continue bond buying. Why would the central bank threaten to cut off the flow if it didn't plan to do it?

Tuesday, June 25, 2013

Is Gold Price Trying to Tell Us Another 2008 Crisis is Lurking in the Shadows? / Commodities / Gold and Silver 2013

By: Michael_J_Kosares

This monthly gold chart is drawn on the logarithmic scale in order to remove some of the melodrama to the latest correction. Linear charts emphasize nominal price movement while a log chart emphasizes the percentage movement. By reviewing gold’s latest correction on a percentage basis, we can put things into a little bit better perspective. The 2008 correction was 26%; the current correct thus far has been 30%. In short, we’ve been here before though you wouldn’t know it from all the catterwauling at our favorite financial cable network and other media outlets (not to mention Wall Street itself). Granted we might not, as yet, have reached bottom, but then again, we could be close.