Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, May 30, 2013
Gold Price - A Substandard Golden Rule / Commodities / Gold and Silver 2013
The gold “price rule” denotes the monetary reform proposal put forth in various forms by a number of supply-siders, including Arthur Laffer,[1] Robert Mundell,[2] and Jude Wanniski.[3] Laffer’s detailed formulation of the proposal also served as the basis of the Gold Reserve bill, introduced in the Senate by Jesse Helms in January 1981.[4]
The scheme has reared its head once again in H.R. 1576, the “Dollar Bill Act of 2013,” introduced by Congressman Ted Poe, and strongly supported by Steve Forbes.
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Thursday, May 30, 2013
Hidden Water Costs Set to Boost Energy Prices / Commodities / Energy Resources
Dr. Kent Moors writes: This may sound funny, but water availability is becoming an issue in energy generation. And it may start to impact prices.
The issue here is not the environmental impact of water usage. That is quite a different debate.
What I'm talking about today is the water supply/demand issue.
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Thursday, May 30, 2013
Robert Prechter's Gold Warning for Both Bulls and Bears / Commodities / Gold and Silver 2013
Dear Trader,
Volatile price action is a surprise to most investors most of the time.
That's definitely true of precious metals in the past 30 days. But, the real story is far bigger than just one month. In fact, gold and silver have seen declines of more than 30% and 50%, respectively, since 2011. Now that's news!
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Thursday, May 30, 2013
Marc Faber - US Government Can Artificially Depress Gold Prices and Consficate it / Commodities / Gold and Silver 2013
Dr. Marc Faber, the Swiss fund manager and publisher of the 'Gloom, Boom and Doom Report' always enjoys shocking the financial pundits with the real truth. In this video, the interviewer proclaims that the US is a safe country and asks why he won't store his gold here. Faber proceeds to give him a little history lesson:
"A safe country? I’m not so sure about that under the present government. But in 1933, gold was taken away from Americans. The government paid them $25 and after, they revalued the gold to $35. So, basically what the government can do once again, and that is a possibility. They could artificially depress, manipulate the price down and then say ‘Gold is illegal to be held. We have to collect all the gold from the citizens.’ Say if they manipulated the price down to $1,000. They could collect it at $1,000 and then revalue to $10,000."
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Thursday, May 30, 2013
Gold Long Wait is Almost Over / Commodities / Gold and Silver 2013
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.” …Alexis de Tocqueville.
The price of gold reached an all-time high of $1925 on September 6th 2011. Since then the price dropped to a low point of $1321 on April 16th 2013. A correction of 45% during a bull market is not unusual; as painful as it is for gold bulls. In the process gold has reached a support line that has held up since the current bull market began. Time is almost up! In the words of W. D. Gann: “When time is up, price will reverse.”
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Thursday, May 30, 2013
Twitter Sentiment for Gold Shares Showing Strength / Commodities / Gold and Silver Stocks 2013
Blair Jensen writes: We’re finally starting to see some hopeful signs for gold (GLD) and gold stocks (GDX). In our last update we mentioned that the chasing of precious metals by traders had stopped and that we’d finally got some capitulation in sentiment (calculated from the Twitter stream). This was the first thing we were looking for in order to create an environment where gold could create a durable low.
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Thursday, May 30, 2013
Has the Gold Bull Market Hit a Snag? / Commodities / Gold and Silver 2013
Interest rates will be low for a long time, predicts Commodity Capital Global Mining Fund Manager Tobias Tretter. Despite predictions of a gold bubble bursting, Tretter says in this interview with The Gold Report that the gold bull run will continue. In fact, Tretter still sees tremendous opportunity in a number of junior gold companies that have been largely ignored by the market.
The Gold Report: What do you think will happen to interest rates and how will that affect gold?
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Wednesday, May 29, 2013
Singapore and Indian Gold Brokers Sold Out / Commodities / Gold and Silver 2013
70 or 0.98% yesterday to $1,381.00/oz and silver finished down 1.59%.
Gold edged higher today supported by strong physical demand internationally and especially in Asia.
Demand in the physical market continued to hold prices near $1,400/oz as the recent drops in the spot market encourage buyers internationally to accumulate bullion.
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Wednesday, May 29, 2013
Understanding Gold Market Dynamics / Commodities / Gold and Silver 2013
To an extent that reveals a thorough misunderstanding of the market forces, the financial media has failed to consider the different motivations and beliefs that drive the different types of investors who are active in the gold market. By treating the gold market as if it were comprised of just one type of investor, analysts have drawn false conclusions about the recent volatility.
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Wednesday, May 29, 2013
Vicious Gold Moves Insignificant for Long-Run / Commodities / Gold and Silver 2013
WHOLESALE PRICES for physical gold rose Wednesday morning in London, hitting almost $1395 per ounce to gain 0.5% for the week so far.
Silver lagged gold, trading in line with last week's finish at $22.42 per ounce, while world stock markets fell together with commodities and major government bond prices.
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Wednesday, May 29, 2013
The Love Trade for Gold is Still On! / Commodities / Gold and Silver 2013
Investors should have gained confidence from Ben Bernanke’s recent testimony to Congress that the Federal Reserve intends on being accommodative as long as needed. He had a laundry list of job market conditions that needed improving and reiterated that inflation remains low. It’s his belief that “a premature tightening of monetary policy could lead interest rates to rise temporarily but would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further.”
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Wednesday, May 29, 2013
What's Really Happening with China's Silver Demand? / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: China's demand for silver fell hard in April. But is that all there is...?
ANALYSTS at Barclays Bank recently noted that silver imports were down 28% in the month of April year on year.
But in an article reporting that news, the author makes it sound like demand was also off significantly for unwrought silver, for silver powder, and for jewelry manufacturing as well. Only if you take a myopic view would such assumptions be correct. However, just because trade between China and the rest of the world is down does not mean that silver demand is down. What it does reveal is a decrease for external demand of silver from the Chinese market.
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Wednesday, May 29, 2013
Graphite Flake Prices Have Bottomed / Commodities / Graphene
Growth potential among end-users and underinvestment on the supply side makes graphite an obvious go-long play, according to Simon Moores, manager of Industrial Minerals Data. China's consolidation of graphite production plays a role in that scenario. Now is the time to look for responsible junior graphite miners that base their economics on current (lower) prices, says Moores in this interview with The Metals Report.
The Metals Report: Simon, the Chinese government says it is no longer willing to sacrifice the environment to mine and export commodities. You recently visited several graphite mining operations in China. Is this for real or just paying lip service?
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Tuesday, May 28, 2013
Why The Uranium Prices Could Soon Move Higher / Commodities / Uranium
Four months ago I warned my readers that the uranium price could breakout due to the rise of terrorism and radical extremism in West Africa. This past week there was a suicide car bombing on a French uranium mine in Niger. Twenty people were killed.This latest terrorist attack comes just a few months after terrorists violently took control of a natural gas plant in Algeria. Thirty eight hostages were killed in that standoff.
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Tuesday, May 28, 2013
Commodities Catching a Falling Knife Part II / Commodities / Commodities Trading
In my May 7, 2013 commentary, “Catching a Falling Knife?” I discussed my expectations for a temporary low in the commodity complex near the end of May. Since that time the DJ UBS commodity index has essentially moved sideways forming a triangle pattern on its chart. Triangles are typically thought of as continuation patterns. In this case, that would be a continuation of the previous decline from last September and should give us one final decline into the expected low this week.
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Tuesday, May 28, 2013
Central Banks Show Faith in Gold, Indian Policies Risk Surge in Smuggling / Commodities / Gold and Silver 2013
ALTHOUGH silver rallied, the price of gold held onto an earlier drop Tuesday morning in London, retreating from last week's closing levels as UK and US traders returned from national holidays.
Gold edged down to $1380 per ounce, half-a-percent below Friday, even as the US Dollar slipped on the currency market.
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Tuesday, May 28, 2013
Belgian Central Bank Loans Out 10% or 25 Tons Or 10% of Gold Reserves / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,379.00, EUR 1,067.42 and GBP 913.43 per ounce.
Friday’s AM fix was USD 1,385.25, EUR 1,068.95 and GBP 917.81 per ounce.
Yesterday a national holiday was observed in both the United Kingdom and the USA.
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Tuesday, May 28, 2013
How to Invest in Crude Oil's Final Frontier / Commodities / Crude Oil
Tony Daltorio writes: Investors searching for how to invest in oil in 2013 should be focused on these latest developments from the Arctic.
In fact, countries are racing to get a piece of what could be the final frontier for oil...
As ice melts in the Arctic region, oil and gas trapped beneath the water becomes more accessible.
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Tuesday, May 28, 2013
A Brief History and Outline of Gold as a Precious Metal / Commodities / Gold and Silver 2013
Pablo Paciello writes: Gold. Perhaps no other precious metal, or any metal for that matter, has been as important to the history of humanity as Gold. That's a big statement to make, given how important iron, copper, and other metals have been. So what makes Gold so special? And why have investors been flocking to it in recent years? The long history of Gold and its various properties have been essential to establishing it as the world's most important bullion metal.Read full article... Read full article...
Monday, May 27, 2013
Gold, Silver and Miners Start Bottoming Process / Commodities / Gold and Silver 2013
Precious metals and their related mining stocks continue to underperform the broad market. This year’s heavy volume breakdown below key support has many investors and trader’s spooked creating to a steady stream of selling pressure for gold and silver bullion and mining stocks.
While the technical charts are telling me prices are trying to bottom we must be willing to wait for price to provide low risk entry points before getting involved. Precious metals are like any other investment in respect to trading and investing in them. There are times when you should be long, times to be in cash and times to be short (benefit from falling prices). Right now and for the last twelve months when looking at precious metals cash has been king.
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