Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, June 05, 2013

Crude Oil Is Trapped In A Triangle Higher Prices Seen / Commodities / Crude Oil

By: ForexPros

Oil is slow, choppy and overlapping since September 2012 , so we think that whole price action represents a triangle pattern in red wave B) that is part of three wave rally in wave (D) from June 2012 low. If we are correct, then we know that we need five sub-waves within a triangle before we may look for a push higher into C) of (D) towards 102/103 mark.

Tuesday, June 04, 2013

Gold Stocks Seller’s Remorse / Commodities / Gold and Silver Stocks 2013

By: Jeff_Clark

I know an investor who is feeling some regret. He's come to the sinking conclusion that he may have made a mistake selling his gold stocks.

He recognizes now that he reacted emotionally to the crash, panicking at the plummet and dumping everything regardless of quality. He's kicking himself for doing so, because he succumbed to an impulsive move, locked in a loss, and realizes that the core reasons for owning gold haven't really changed.

Tuesday, June 04, 2013

The Hidden Investor Bargain in tThe Other Yellow Metal - Uranium / Commodities / Uranium

By: Marin_Katusa

Over the past month, gold has seen a considerable decrease in price, dropping almost 15% since the beginning of May. If this trend continues, gold will have its first losing year since 2000. This has led many investors, from the housewives of China to the bankers on Wall Street, looking for a bargain in gold prices.

However, what they don't realize is that there is already a bargain available – in uranium. Despite being the source of 20% of electricity in the United States and 35% in the EU, its price remains at multiyear lows.

Tuesday, June 04, 2013

Gold Premium Surges In China on Wise ‘Aunties’ And Wealthy Buying / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,405.25, EUR 1,074.68 and GBP 918.64 per ounce.
Yesterday’s AM fix was USD 1,396.75, EUR 1,072.61 and GBP 915.00per ounce.

Gold climbed $27.10 or 1.96% yesterday to $1,412.00/oz and silver also gained 2.57%.

Tuesday, June 04, 2013

Gold Slips as India Blocks Imports / Commodities / Gold and Silver 2013

By: Adrian_Ash

The WHOLESALE gold price slipped back below $1400 per ounce Tuesday morning in London as world stock markets rose and the Indian government tightened restrictions on gold importers once again.

After Monday's weak US manufacturing data gave gold what Commerzbank calls "sufficient fuel" to touch the $1415 level – identified by some technical analysts as key resistance – the gold price dropped $8 in 15 minutes mid-morning.

Tuesday, June 04, 2013

The Signs Silver Prices Are Nearing a Bottom / Commodities / Gold and Silver 2013

By: Money_Morning

Where silver is trading today represents a 35% decline from six months ago - which has led many investors to bail on the white metal in 2013.

Silver prices hovered around $22.78 in trading today in New York, almost $10 lower than where they started the year.

Tuesday, June 04, 2013

Only One Thing Matters For Gold Prices is No More QE / Commodities / Gold and Silver 2013

By: Bob_Kirtley

One can make numerous arguments for the future direction of gold prices, citing a myriad of facts and statistics to justify one’s position, but the reality is there is only one factor that matters right now; the Fed is not delivering any more QE. This means gold prices will continue to head lower, a view we have held since the start of this year.

All other arguments are overridden by the simple reality that Bernanke is currently in discussion as to a potential “tapering” of QE, so additional easing is not even close to being on the table. The reasoning behind this is also simple; employment in the US is getting better, and has been for some time, therefore there is no need for further easing.

Tuesday, June 04, 2013

Gold - There May be a Test Later / Commodities / Gold and Silver 2013

By: HRA_Advisory

Since the price dive in April, gold fought its way back to $1480 before succumbing to renewed selling as general equity indices rallied and the US Dollar took off.   It has traded back close to, but above, it’s April low before regaining some traction.  As this was written gold is trading in the $1380 range.

As long as gold can continue to gain the recent trading activity has the look of a double bottom.   This is a strong technical formation, but it won’t be considered confirmed unless gold manages to get back above its late April/early May high.  This may not be easy as we enter the traditionally weak period for physical demand but there are other factors at work.

Tuesday, June 04, 2013

The Gold Bull vs The Paper Tiger / Commodities / Gold and Silver 2013

By: Peter_Schiff

That's all, folks. One look at the headlines will tell you the gold bull market is officially over: the stock market is booming, a modest recovery of the US economy is underway, and the dollar is dominating the forex. Time to sell your bullion and get back into US stocks!

Does anyone really believe this story at this point? Haven't we been through this time and again since 2008? Remember "green shoots"?

Monday, June 03, 2013

Marc Faber: The World Is a Mess, But Junior Gold Mining Stocks Could Double / Commodities / Gold and Silver Stocks 2013

By: The_Gold_Report

The world's economy is in tatters and safe havens are few and far between, says legendary contrarian Marc Faber. The banking crisis in Cyprus has shown that even bank deposits are not safe. The publisher of the Doom, Boom and Gloom newsletter, surveying the world from his perch in Hong Kong, discusses the impact of unemployment in Europe, the economic slowdown in China, asset bubbles and the turnaround prospects for precious metals miners. Faber also reveals his investment strategy for these volatile times in this interview with The Gold Report.

Monday, June 03, 2013

Gold Bullion Investor Sentiment Beginning to Shift / Commodities / Gold and Silver 2013

By: InvestmentContrarian

Sasha Cekerevac writes: As everyone knows, gold bullion has had a significant sell-off over the past few months. Institutional investor sentiment has shifted dramatically, as funds have booked profits on their gold bullion investments.

However, it appears that there is still some life in gold bullion, because continued strong investor sentiment in the retail sector, especially the physical market, has helped to increase demand and support the price.

Monday, June 03, 2013

Speculators' Gold Bullishness Sinks, But Prices Rally as Stocks Dive / Commodities / Gold and Silver 2013

By: Adrian_Ash

LONDON PRICES to buy gold and silver rose in volatile trade Monday morning, recovering Friday evening's late losses as Asian and European stock markets fell hard.

Far Eastern premiums over and above international prices continued to ease back, according to wholesale dealers.

Monday, June 03, 2013

IMF Recycle Peak Oil Theory / Commodities / Crude Oil

By: Andrew_McKillop

OIL AT $750 PER BARREL
Since late 2012, on several occasions, the deputy chief of financial modeling at the IMF (International Monetary Fund), Michael Kumhof, has said in interview that: "Ignoring the peak oil issue would be highly unscientific, even irresponsible".

While the IMF remains officially neutral on the subject, Kumhof and his colleagues claim to be certain that the scientific basis of their concern, which includes the thermodynamic theory of entropic energy dissipation, is inexorable. In a certain timespan - which they do not define - oil prices could rise by "up to 800%" compared with current prices. To the extent that Kumhof sets timeframes, this process of rising oil prices might begin by 2017 and, Kumhof claims, will go on "for ever".

Saturday, June 01, 2013

Those Inscrutable, UnKeynesian Chinese Buying Gold / Commodities / Gold and Silver 2013

By: Richard_Daughty

Every time I hear somebody tell me that I am stupid, and that anybody who listens to me is stupid, and in fact they themselves feel stupid just standing next to somebody as stupid as I, I remind them that there is a lot of stupidity in the world. And I mean a LOT.

Just one of today’s samples of stupidity comes from Reuters, which opines that "China has limited room to use government spending and policy stimulus to boost its economy." Hahaha! Says who? Hahaha!

Saturday, June 01, 2013

Gold and Silver Price Trend Remains Down Despite Reality of Demand / Commodities / Gold and Silver 2013

By: Michael_Noonan

The month of May is now on the books. The question is, can anything new be learned from them? Maybe not, but you would have to see them to understand why not. One qualifier to be added is, from our perspective, charts include all the known factors from those who have made a market decision. The basis for the decision-making may be fundamental, [including supply and demand], technical, [including technical supply and demand factors], a combination of the two, gut-trading decisions that may not reflect either and just be ego-driven, and finally, the uniformed, who believe otherwise but trade just the same.

We make no effort to dazzle anyone with fundamentals. There are those who are known to be expert in the field of precious metals who provide detailed analysis and reason for asserting why gold and silver should be trading at considerably higher levels. Their facts and figures are most impressive, but the current prices of gold and silver present a quarrel with their fundamental information. Our sentiments are with them, but our hearts remain with the charts.

Friday, May 31, 2013

The Silent Killer of Every Bull and Bear Market / Commodities / Gold and Silver 2013

By: Clif_Droke

Stocks have reached record levels thanks in large part to a coordinated central bank stimulus. The current financial market-led recovery is unlike previous recoveries in that the economy, unlike the stock market, has been painfully slow to respond to the stimulus. Gold also hasn’t benefited this time around, which is partly attributable to the fact that it’s still deflating some of the excess from its speculative bubble of previous years.

Friday, May 31, 2013

Civil Nuclear Power Energy Renaissance Restart / Commodities / Nuclear Power

By: Richard_Mills

The nuclear renaissance, and a bull market you should be aware of, has been restarted.

State of nuclear power in the USA

The USA has 104 nuclear power reactors in 31 states. Since 2001 these plants have achieved an average capacity factor of over 90 percent, generating up to 807 billion kWh per year and account for 20 percent of total electricity generated.

Friday, May 31, 2013

Gold Slips from 2-Week High as Japan Fails to Shake Deflation / Commodities / Gold and Silver 2013

By: Adrian_Ash

The PRICE of gold slipped from a new 2-week high in London trade Friday morning, nearing the weekend 2.9% above last week's finish, but losing more than 4.6% from the start of May.

Silver also edged lower, cutting its weekly gain to 0.3% and standing 7.6% lower for the month.

European stock markets meantime extended this week's drop, but held onto better than 5% gains for May.

Friday, May 31, 2013

Silver Short Squeeze Scenario / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

Short squeezes often create unstable markets, although a short covering rally based on sudden and consensus buying can also create a major boost to liquidity. This can have the effect of lighting the match that will ultimately detonate the bomb for markets already accustomed to substantial amounts of real or artificial liquidity.

From a technical standpoint, silver is currently consolidating in a tight trading range as the market recovers from an oversold situation. The 14-day RSI currently reads at the 39 level as it hovers above the critical 30 point that it dipped below in April, which could significantly impede additional downside price action.

Friday, May 31, 2013

Silver and Gold - The Imploding Bubble / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

Recent trading in silver and gold has shown the inverse of patterns consistent with a speculative frenzy.

Instead of retail investors buying into a rising market, steady and massive accumulation has been noted on dips.

This was happening long before the April crash in precious metal prices. This is the strongest form of accumulation, because it is mostly free from emotion.