Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, May 07, 2013
Gold Warning - Financial Reporting of U.S. Citizens Coming. Will it Include Gold? / Commodities / Gold and Silver 2013
Commodity Futures Trading Commission New Regulations Reporting Overseas Transactions
Since the start of the credit crunch in mid-2007 we have seen a steady move forward by government to place greater control over the financial aspects of people's lives. One of the biggest milestones from an investor's point of view has been the establishment of the Foreign Account Tax Compliance Act (FATCA). This is consistent with the intentions expressed by President Obama that U.S. Citizen's financial successes at home and abroad should be subject to U.S Taxation so that the U.S., as a nation, can benefit. The Patriot Act was the first to employ this approach but now we are moving several steps forward from these measures.
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Tuesday, May 07, 2013
Catching a Commodity Falling Price Knife / Commodities / Commodities Trading
The April collapse in gold has drawn attention to the two-year decline in the commodity sector. Since gold’s collapse both it and crude oil have experienced a strong rally over the last two weeks. Many want to know if commodities have bottomed.Read full article... Read full article...
Tuesday, May 07, 2013
Bank Depositors Beware, Deposits Over €100,000 Are At Risk! / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,463.00, EUR 1,118.67 and GBP 941.74 per ounce.
Friday’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Tuesday, May 07, 2013
Gold Struggles in Sideways Resistance Price Range / Commodities / Gold and Silver 2013
WHOLESALE gold market prices fell to $1460 an ounce Tuesday morning, around ten Dollars lower than where it closed last week, as the FTSE in London ticked higher following yesterday's UK bank holiday.
Other European stock markets also edged higher, while the Euro gained against the Dollar immediately following the release of better-than-expected German factory orders data.
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Tuesday, May 07, 2013
American Gold and Silver Eagle Coin Sales Show Safe-haven Public Mind Set / Commodities / Gold and Silver 2013
This chart on American Gold Eagle Coin Sales illustrates a point I made over the weekend in response to a question from JFT about gold as a deflation hedge. As you can see, the demand for American Gold Eagles, a bellwether for international physical demand, grew significantly in the period 2008 to present — a disinflationary period marked by widespread concern over the health of the financial system and the banks.
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Tuesday, May 07, 2013
Protect Your Gold and Silver Bullion in a World of Paper Theft / Commodities / Gold and Silver 2013
Lately there has been a lot more news on how the physical demand for precious metals is off the charts. It seem like the physical off-take of bullion from dealers has only accelerated during this recent price drop in the metals. Inventory shortages are now a common occurrence at many dealers and premiums are rising until more supply comes to market.
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Monday, May 06, 2013
How to Trade Gold, Silver and Mining Stocks Long-term Trend Forecasts / Commodities / Gold and Silver 2013
How to trade Gold and other precious metals related investments is not that complex. But you 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).
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Monday, May 06, 2013
Gold and Silver Inevitable Sentiment Reversal / Commodities / Gold and Silver 2013
The usefulness of sentiment's stealth crystal ball is about to be revealed to the litany of unsuspecting precious metal bears and skeptics who have convinced themselves that gold's bull market is either over or, at the minimum, in need of lengthy ongoing retesting, restructuring and consolidation.
This article will bring us up to date as to the degree of current bearish sentiment regarding both gold and silver using no fewer than 5 sentiment indicators (with 9 illustrative charts), as well as provide the reader with an opportunity to observe the price outcome of previous bearish extremes using these sentiment indicators.
Monday, May 06, 2013
Gold Gold Bugs and Stock Market Index Trend Forecasts / Commodities / Gold and Silver Stocks 2013
The daily chart of the Gold Miner's Bullish Percent Index is shown below, with the HUI denoted in green. The ratio has managed to rise to 6.67, accompanied by a small bounce in the HUI. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K above the %D in all three instances. Although there is somewhat of a bounce, trends suggest that one more leg down is pending...
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Sunday, May 05, 2013
Gold and Silver Bears Advance To Stalingrad - How Are the Mighty Fallen / Commodities / Gold and Silver 2013
“To understand reality is not the same as to know about outward events. It is to perceive the essential nature of things.
The best-informed man is not necessarily the wisest. Indeed there is a danger that precisely in the multiplicity of his knowledge he will lose sight of what is essential. But on the other hand, knowledge of an apparently trivial detail quite often makes it possible to see into the depths of things.
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Sunday, May 05, 2013
Gold Price Recovery Is Incomplete, 1490/1500-Elliott Wave Forecast / Commodities / Gold and Silver 2013
Gold made a deeper pull-back this week, finding a support around 1440 at the parallel trend-line that represents lower side of a corrective channel. Note that decline from 1485 has been made in three waves, and that 1419 support is still in place. The pull-back from latest high was corrective wave b) that is part of a complex double zig-zag from the mid April low. With that in mind, price could test the 1490 or even 1500 level before complex corrective is complete.
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Sunday, May 05, 2013
Gold And Silver - Are You A Lion Or A Gazelle? You Had Better Know! / Commodities / Gold and Silver 2013
Every morning in Africa, a Gazelle wakes up knowing it must outrun the fastest lion, or it will be killed and eaten. Every morning a lion wakes up knowing it must outrun the slowest Gazelle, or it will starve to death. It does not matter if you are a lion or a Gazelle...when the sun comes up each morning, you'd better be running. African Proverb
We see the lions as issuers of fiat, Gazelles as owners of gold, and if you are uncertain as to which you are, the issuers of fiat will financially eat you alive. Cyprus was an overt wake up call. Many people in the U S think it will not happen to them. It already has. Each morning, when the sun comes up, you must decide if you want fiat or specie. One will slow down your ability to "run," the other will give you the ability to "outrun."
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Saturday, May 04, 2013
Gold and Silver Bullion Shortage Could Benefit Undervalued Mining Stocks / Commodities / Gold and Silver Stocks 2013
When it looks as though things couldn't get worse for precious metal mining equities (GDX), that may be just the time to buy for contrarians. Not only are the junior miners (GDXJ) sloping to historic decade lows, but gold (GLD) bullion which has held up considerably well in comparison has been hit hard recently by short selling, bearish bank reports and margin calls.
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Friday, May 03, 2013
Gold Mining Stocks Profit Margins / Commodities / Gold and Silver Stocks 2013
Gold mining is a very tough business. Not only is it highly capital-intensive and chock-full of environmental risks, its revenues are entirely at the mercy of a volatile commodity. It requires some serious mettle to succeed mining gold.
But despite super-high barriers to entry and the countless risk factors that come with mining, the world needs gold, and somebody’s got to produce it. And believe it or not, a lot of money can be made in this business.
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Friday, May 03, 2013
How a Fibonacci Cluster Showed an Important Resistance Level in Gold / Commodities / Gold and Silver 2013
Senior Analyst Jeffrey Kennedy shares techniques that helped spot a trading opportunity.
By Elliott Wave International
If you use Elliott in your technical analysis, you may already use Fibonacci ratios to determine targets and retracement levels in your charts.
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Friday, May 03, 2013
Will the Breakout in the USD Index Hurt Gold? / Commodities / Gold and Silver 2013
We haven’t touched on currencies for quite some time (our latest essay was dedicated entirely to gold: Gold Price in May 2013) now but last time we did, we mentioned the long-term breakout in the USD Index, which at that time was starting to take shape, but as the time wore on it became more and more significant. This is why in today’s essay we’ll focus mostly on the U.S. currency, review its current technical situation and its implications for gold and silver. Let us then jump straight into the chart analysis – we’ll start with the very long-term chart where the breakout is most clearly visible (charts courtesy by http://stockcharts.com.)
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Friday, May 03, 2013
Silver, Little Cracks in Confidence / Commodities / Gold and Silver 2013
It looks as if the silver market has finally bottomed, as the tarnished price of silver recovered some of its luster over the last two weeks.
The big silver shorts have continued to exit their futures positions, yet there remain some elephants in the market — as evidenced by yesterday's non-economic volatility.
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Friday, May 03, 2013
Gold And Silver Bullion Coin And Bar Shortages Continue / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Yesterday’s AM fix was USD 1,456.00, EUR 1,106.22 and GBP 935.07 per ounce.
Thursday, May 02, 2013
Gold Recovers Amidst Economic Uncertainty / Commodities / Gold and Silver 2013
The selloff in gold that captured the world's attention in mid-April has revealed some truths about how the market trades and the sentiments of many of the investors who have piled into the trade over the past few years. While the correction does highlight a higher degree of uncertainty than many of the most ardent gold advocates had anticipated, it does not represent the historic "end of an era" reversal that the many in the media have so gleefully suggested. In many ways, the market has shown a resiliency that its detractors do not understand.
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Thursday, May 02, 2013
The Great Gold Redemption / Commodities / Gold and Silver 2013
The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold selloff: many large players were motivated to sell by news that Cyprus will have to liquidate its gold stockpiles to pay off acute debt obligations. But just a moment's reflection shows this reaction to be knee-jerk.
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