Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, June 25, 2013
Gold Investors Keep Calm and Carry On / Commodities / Gold and Silver 2013
Legendary businessman Steve Forbes once said, "Everyone is a disciplined, long-term investor until the market goes down." It's challenging to have the fortitude to hold on to investments during a one-day carnage event like last Thursday. Everywhere you looked there was red on the screen, as U.S. stocks lost 2.5 percent, commodity equities lost 3 percent and gold declined 5 percent. Gold stocks took one of the biggest blows, falling about 7.5 percent.
So what should an investor do after a day like Thursday? Stay calm and invest on, as I believe there is opportunity in picking up what the bears left behind. Here are a few ideas to ponder.
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Tuesday, June 25, 2013
Resources Sector Nuclear Winter? Not Yet! / Commodities / Resources Investing
By Andrey Dashkov, Research Analyst
The late 1990s for the resource sector was so challenging that it is now often referred to as the "nuclear winter" of the industry. Some analysts are comparing our current circumstances to that period, while others purport we haven't hit bottom yet.
Tuesday, June 25, 2013
Changes in the Silver Market / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: Photographic demand for silver has fallen 70% from its peak. What could possibly fill that gap...?
BACK in the good old days, a physical silver trader's dream would be to land a photographic company as a customer.
Polaroid, Kodak, Fuji and many more were on this list of prospects. This industry was a tremendous behemoth in the silver market.
Monday, June 24, 2013
Stunning Chart Shows Gold and Silver Defy Bulls' Optimism / Commodities / Gold and Silver 2013
Gold and silver have been all over the financial news.
On Thursday, June 20, silver fell below $20 (-60% from 2011 high), and gold fell below $1300 (-30% from 2011 high).
We first published the chart below after metals plunged in mid-April. It shows EWI's forecasts not only leading up to those big moves ... but during the past three years of opportunity.
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Monday, June 24, 2013
Extreme Energy, Extreme Implications / Commodities / Energy Resources
If oil and gas is a profoundly dynamic phenomenon, then so too must be environmental risk and conflicts over natural resources--and we are not getting the full picture from the mainstream media, according to Michael T. Klare, professor of peace and world security studies at Hampshire College, TomDispatch blogger, and author of Rising Powers, Shrinking Planet: The New Geopolitics of Energy (Metropolitan Books, 2008). As risk multiply, conventional sources evaporate and we are left with "extreme" energy, renewables may be the only way to avoid war and disaster.
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Monday, June 24, 2013
Marc Faber - Incredibly Bad Sentiment Makes Gold and Bonds a Buy / Commodities / Gold and Silver 2013
PRECIOUS METALS fell for the 5th session in six Monday morning in London, with gold retreating to $1280 per ounce as the US Dollar rose and most other tradable assets fell once again.
London and Paris' stock markets dropped 2.0% by lunchtime. Commodities also fell, extending their worst 1-week drop since October.
Monday, June 24, 2013
Australian Gold Stocks Sector Update / Commodities / Gold and Silver Stocks 2013
The Australian gold sector (XGD) is selling today (intra-day) at a record 53.56% below its 200dma. This is a rare event indeed as even the 2008 violent panic crash produced a low around 48% below the 200dma at that time. This current crash on the Australian XGD is a fall of 66% since October 2012 and a fall of 75% from the all-time high of 8498.9 in April 2011.
To understand this index you have to look at its makeup. The index is weighted and therefore dominated by our largest gold stock Newcrest which has fared very badly this month. Therefore the Newcrest weighting in the index has lessened over the recent month. This stock has fallen 56.1% since the 27th March this year and 36.63% since the 4th of June alone. With Newcrest down so far you have to ask where the rest of the sector is relative to old lows right now.
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Monday, June 24, 2013
Gold Price Could Go to $700 or $3000 / Commodities / Gold and Silver 2013
That's the question that Gold traders and investors are asking themselves.
Gold has now reached a climax point that long term traders get to really find out if Gold is still in a bull market or finally in a long term bear market.
No matter how you look at it, Gold has been in a bear market for the past few years, whilst long term you could argue its still in an up trend, I think the decision about the direction of Gold being in a long term bull trend is about to be decided shortly.
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Monday, June 24, 2013
Ron Paul: Gold Price Could Go to 'Infinity' / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,283.25, EUR 978.98 and GBP 836.21 per ounce.
Friday’s AM fix was USD 1,290.25, EUR 976.28 and GBP 833.33 per ounce.
Gold climbed $15.50 or 1.21% on Friday and closed at $1,294.00/oz. Silver reached a high of $20.121 and finished up 2.19%. Gold and silver were both down on the week -6.93% and -9.07% respectively.
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Sunday, June 23, 2013
Gold and Silver Price Plunge, What Triggered the Knife to Fall? / Commodities / Gold and Silver 2013
In the wee morning hours before dawn on Thursday, June 20, the precious metals' rooster crowed, "*****-a-doodle-DOH!"
It was the ultimate wake-up call:
Read full article... Read full article...First, gold prices plummeted 4% then 5% then 6% below $1300 per ounce to their lowest level in nearly three years. Soon, silver followed in an even steeper drop below $20.
Sunday, June 23, 2013
What Kind of Fools Are Buying Gold? / Commodities / Gold and Silver 2013
On the whole, the world's central banks are now net buyers of gold, and have been for some time, after being net sellers for over twenty years.
Russia is one example.
Why do you think they are buying it? They don't understand money?
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Sunday, June 23, 2013
U.S. Fed Meeting Did Not End Gold Bull Market / Commodities / Gold and Silver 2013
This week’s Fed meeting saw members putting forward a provisional timetable for the tapering and the end of QE3. This triggered a sharp decline in gold prices, as additional QE has been a major driver of higher prices in recent years. One question we are getting asked is did this FOMC meeting end the gold bull market?
Our answer is no, this Fed meeting did not end the gold bull market.
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Saturday, June 22, 2013
Gold And Silver - The End Is Near; Just Not In Sight / Commodities / Gold and Silver 2013
Whatever expectation[s] you may have, expect the unexpected and unlike what you may expect. So far, that has been playing out quite nicely, and one of our expectations is that it will continue to unfold in the same manner, and to the ongoing surprise of most.
"Gold will be at/above $2,000 by the end of the year."
"Gold will reach $3,000 [$5,000, $10,000, etc] and silver $100, [$250, $500, etc]"
"The central bankers are [just about] out of gold." [The cupboards are likely bare.]
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Saturday, June 22, 2013
Gold Stocks Final Capitulation Imminent / Commodities / Gold and Silver 2013
Our recent calls for a bottom have been proven wrong as precious metals plunged to another new low. Two trading rules we have is to always use a 20% stop and never add to a losing position. Note our previous article in which we said use the late May low for a stop. This helps minimize risk and potential losses, though we have a handful of small losses trying to anticipate the coming rebound. We always admit mistakes to subscribers and we never blame manipulation. That is just unprofessional. All being said, a close examination of history tells us that this could be the final capitulation that would lead directly to a huge rebound in the ensuing months.
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Saturday, June 22, 2013
Reasonable Gold Market Expectations / Commodities / Gold and Silver 2013
The historical record shows that those who get washed out during big corrections miss the greatest buying opportunities of a bull market.
With that as context, what can we expect from gold moving forward? Let's start with the short term…
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Friday, June 21, 2013
Gold Stocks Bullish Volume / Commodities / Gold and Silver Stocks 2013
Even before this week’s latest Fed-tapering scare, gold stocks remained firmly entrenched as the most-hated sector in all the markets. They are as deeply out of favor as they’ve been in their entire dozen-year secular bull, hyper-oversold and radically undervalued. Given such epic antipathy, I figured they were also suffering from low trading volume. Turns out they are, with some surprises, which is a bullish omen.
It’s been several years since I’ve studied gold-stock volume in any depth, and I’ve been growing more curious about it as this year’s massive gold-stock rout wore on. Trading volume is pretty ambiguous as far as technical indicators go. While most indicators clearly flag excessive greed or fear, high volume can show both. Volume tends to surge when traders get excited, when either kind of emotion is running high.
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Friday, June 21, 2013
Taking the Blinkers off the Gold Analysts / Commodities / Gold and Silver 2013
Since the middle of April we have all heard the gold bear cry of ‘it’s over, gold is done with…the bubble has burst.’ But not many of these so-called expert commentators have really looked into the strength of demand in the East.
Jeff Nichols wrote in a note to investors recently that he believed gold bears ‘have a fairly provincial view and limited understanding of gold’s increasingly bullish long-term fundamentals.’ He went onto define ‘provincial’: ‘they are ignoring more than half the world.’
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Friday, June 21, 2013
Gold and Silver Hit New Lows as CME Hikes Margins / Commodities / Gold and Silver 2013
SPOT MARKET gold bullion prices touched fresh three-year lows Friday at $1269 an ounce before recovering a little by lunchtime in London, as stocks and commodities also regained some ground after sharp falls yesterday.
Spot silver prices fell as low as $19.41 an ounce, as with gold their lowest level since September 2010, before they too recovered a little, as other commodities also ticked higher while the US Dollar weakened slightly.
Friday, June 21, 2013
The Best "Bargain" Silver Mining Stocks to Buy Now / Commodities / Gold and Silver Stocks 2013
Tim Melvin writes: Precious metals related stocks have been under selling pressure all year, but smart investors are having a field day scooping up some of these best "bargain" silver stocks to buy right now.
Companies that mine gold and silver have seen their stock prices punished as the metals' prices have declined. So far this year gold is down 18% while silver prices have been punished even more severely, falling 28%.
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Friday, June 21, 2013
Junior Gold Mining Stocks From Distress To Misery For Investors / Commodities / Gold and Silver Stocks 2013
Gold prices have been taking a pounding of late with today’s session on the NYSE witnessing a close of $1277.80/oz, with poor man’s gold, silver, closing at $19.82. The gold Bugs index (HUI) also took it on the chin losing around 7.5%.
With this environment as a back cloth it is understandable that the juniors in this sector also had a torrid time with Market Vectors Junior Gold Miners ETF (GDXJ) losing 9.78% to close at $9.32. So it begs the question; is GDXJ now a buy?
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