Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, April 24, 2013

Gold Falling into the Twilight Zone / Commodities / Gold and Silver 2013

By: DeviantInvestor

A Quick Recap

• Cyprus: Warn the wealthy insiders, politicians, and Russians, and then steal from the remaining depositors. This will hurt confidence in banks, the EU, and the IMF.
• Bail-in Plans: Announce that the bail-in plan (steal from depositors) is THE template to fund bank failures in the EU, Canada, USA, and New Zealand. This further reduces confidence in banks and politicians. Read A Tipping Point In The Financial System – Part 2.

Wednesday, April 24, 2013

The End of the Gold Era, Why I'm Selling / Commodities / Gold and Silver 2013

By: John_Mauldin

Grant Williams  writes: I am a seller of gold.

Just not yet – and certainly not anywhere close to this price.

One day, long into the future, it will be time to sell gold – or, more likely, exchange it for something you want more – but it just ain't time yet, folks – no matter what you've been reading.

Tuesday, April 23, 2013

Gold Panic Cycle Begins! Will Stocks Follow? / Commodities / Gold and Silver 2013

By: Anthony_Cherniawski

The kind of behavior that we see in ZeroHedge, Seeking Alpha, Goldman Sachs, bullion dealers, media icons and other blogspots is definitely not indicative of a crash low in gold. People lining up in china and India to buy gold may give us an insight into cultural norms, but this behavior is not a market signal to buy. In fact, it is just the opposite. Retail behavior will never supersede institutional capacity to hold gold. This is a deflationary unwinding of leveraged holdings by banks and hedge funds.

Tuesday, April 23, 2013

China Gold Rush Biggest in 50 Years! / Commodities / Gold and Silver 2013

By: Ben_Traynor

WHOLESALE gold bullion prices rallied back above $1420 an ounce Tuesday morning in London, having earlier dipped back towards where they started the week following yesterday's 2% jump amid what one Hong Kong dealer suggested was the biggest rush to buy gold in half a century.

Silver meantime climbed back above $23 an ounce by lunchtime after it too fell in early trading, though unlike gold it was down slightly on the week so far.

Tuesday, April 23, 2013

Smart Asians Drive Gold Demand to 30 Year High / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,417.25, EUR 1,091.70 and GBP 931.05 per ounce.
Yesterday’s AM fix was USD 1,425.00, EUR 1,092.54 and GBP 935.04 per ounce.

Tuesday, April 23, 2013

Why Commodities Traders Are Hoarding Copper / Commodities / Copper

By: Money_Morning

Tony Daltorio writes: The only thing that investors have heard recently about the copper market is that there is vast oversupply ahead as evidenced by a buildup in copper warehouse inventories globally.

Inventories at LME (London Metals Exchange) warehouses have risen in excess of 190% since October alone. Inventories are now at levels not seen since 2003 at more than 590,000 tons.

Tuesday, April 23, 2013

Australian Gold Stocks and Gold Bullion Perspective / Commodities / Gold and Silver 2013

By: Neil_Charnock

The gold bull is in a deep correction phase, the first in the 1999 to 2013 bull to date. The Aussie dollar has remained stubbornly high as our extensive research predicted this indicated many months back. This is exacerbating woes for many local miners. The dead cat bounce in the gold stocks is pathetic on the ASX, even worse than gold indicating further falls to come.

Tuesday, April 23, 2013

Gold Buyers Get Physical As Coin and Jewelry Sales Surge / Commodities / Gold and Silver 2013

By: Frank_Holmes

I was honored to be in St. Paul's Cathedral attending Margaret Thatcher's funeral last week. It was quite a special opportunity to pay tribute to Britain's longest-serving prime minister in person, and the ceremony provided a reflective occasion on her influential leadership and unwavering conviction.

As her country faced an economic crisis with high inflation, high tax rates and hundreds of mining strikes, the lady's iron courage helped her make the difficult decisions that steered the United Kingdom to a more sustainable path.

Tuesday, April 23, 2013

Gold, Stocks and Copper Set to Crash / Commodities / Financial Crash

By: Clive_Maund

Failure of gold's key support at $1500 - $1550 triggered a stunning plunge as masses of stops were triggered. We can see what happened on the 6-month chart below. The plunge was the most severe since 1980 and was accompanied by colossal record volume, which is strongly bearish. It quickly lead to gold becoming critically oversold and it bounced later in the week as cheerleaders advised their readers to buy this "opportunity of a lifetime". Is it? In this update we will consider the implications of this extraordinary breakdown.

Tuesday, April 23, 2013

Silver Price Crash Through Support Sets Scene for Further Steep Drop to Under $20 / Commodities / Gold and Silver 2013

By: Clive_Maund

Silver crashed its key support last week and plunged in sympathy with gold. On its 6-month chart below we can see the big drop that followed failure of the support, and how after plunging on Monday, it then steadied and traded in a narrowing range for the rest of the week, unlike gold which crept higher.

Although silver is more volatile and wild in its movements than gold, it has been following a parallel technical script, with support level failures and trendline breaks synchronizing with those of gold, as we will see.

Tuesday, April 23, 2013

How Low Can the Gold Price Go? / Commodities / Gold and Silver 2013

By: The_Gold_Report

Killian Charles, an analyst with Industrial Alliance in Montreal, isn't too concerned if the gold price hits $1,300 an ounce or even $1,000. He's more concerned with the gold breaking point. How low can the gold price go without breaking a project? Investors will be surprised to know that a wealth of junior miners are lean and mean enough to survive a pint-sized gold price. Charles talks with The Gold Report about which companies have resized and redesigned their projects to make it in this unforgiving market.

The Gold Report: Killian, what are the main causes of the disconnect between commodity prices and the share prices of mining companies?

Monday, April 22, 2013

Paper Gold and Silver Market Diverging From Physical Bullion / Commodities / Gold and Silver 2013

By: Jeff_Berwick

How is it possible gold goes down $200 in the paper market while there is almost no supply available to buy around the world? Last I checked, dwindling or completely absent supply against steady and increasing demand means higher prices, not sudden price drops. Quite simply, the paper market is being manipulated one way or another. Whether it's nervous speculators or the more likely collusion of banks and the federal government, there can be no mistaking that the deviation in the gold paper and physical markets this last week is a major event for The End Of The Monetary Systems As We Know It.

Monday, April 22, 2013

Gold and Silver Buying Frenzy / Commodities / Gold and Silver 2013

By: Money_Morning

Diane Alter writes: Wondering if now's the time to buy gold and silver? Wonder no more. Let me explain.

As a collector of both precious metals, like many, I planned on loading up in the wake of recent price declines. But guess what? My usual dealers were out of gold and silver.

Thanks to the selloff, a buying frenzy for bullion has crashed websites, jammed phone lines and depleted inventory.

Monday, April 22, 2013

Gold Action Dominated by Retail Buying / Commodities / Gold and Silver 2013

By: Ben_Traynor

WHOLESALE gold prices rose back above $1430 per ounce Monday morning for the first time since last Monday's price drop, amid reports of strong buying in Asia, while stocks gained and US Treasuries fell.

Silver meantime ticked higher above $23.60 an ounce, though remained below Friday's high, while other commodities also gained with the exception of copper.

Monday, April 22, 2013

Arizona Set To Use Gold and Silver As Currency / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,425.00, EUR 1,092.54 and GBP 935.04 per ounce.
Friday’s AM fix was USD 1,414.00, EUR 1,080.46 and GBP 920.63 per ounce.

Monday, April 22, 2013

Is Buying Gold Miners A Good Idea When Gold Price is Falling? / Commodities / Gold and Silver Stocks 2013

By: DailyGainsLetter

Moe Zulfiqar writes: Gold is in a bear market territory. The price of the shiny yellow metal has fallen almost 30% since the highs it made above $1,900 an ounce in April of 2011. Look at the chart below—it seems gold bullion prices have fallen off a cliff.

Monday, April 22, 2013

Cheap Gold! Cheap Silver! Buy as Much as You Can! / Commodities / Gold and Silver 2013

By: Bill_Bonner

I was innocently watching TV with the family, suffering only a tolerable minimum of constant, simmering anger and paranoia about the horrific economic cataclysm that is descending upon us like a devouring plague because the world’s governments spent themselves into bankrupting debt, people and businesses of the world borrowed themselves into bankrupting debt, and central banks around the world created the irresponsible, impossible, incredible amounts of fiat currency and credit to finance it all.

Sunday, April 21, 2013

Gold and Silver Critical Questions / Commodities / Gold and Silver 2013

By: GoldSilverWorlds

We wrote about the great disconnect between physical and paper silver only a few weeks ago. After the sharpest one-day price drop since 2001 the disconnect between physical and paper is becoming even larger. It is now present in both metals.

On Friday, even the World Gold Council came out with a press release in which they confirm (1) speculation in the futures market as the primary reason for the price drop and (2) the massive wave of physical buying across the globe. “We are already seeing shortages for bars and coins in Dubai, while premiums in Mumbai are at $26/oz and $6 in Shanghai, indicating that buyers are willing to pay more than current spot prices for the metal.”

Sunday, April 21, 2013

Investors Protect Yourself From Gold / Commodities / Gold and Silver 2013

By: Investment_U

Marc Lichtenfeld writes: Gold is supposed to act as a safe haven from crisis and a hedge against inflation. But lately, it hasn’t been either.

You would think with the bombastic manchild leader in North Korea threatening nuclear Armageddon and the usual problems in the Middle East, investors would flock to gold. But gold fell 10% in two days.

Sunday, April 21, 2013

Gold Price Forecast Drop Target $787.40 / Commodities / Gold and Silver 2013

By: Brian_Bloom

The unemotional 5% X 3 box reversal P&F chart below (courtesy stockcharts.com) shows a measured move target for gold at $787.40.

No time horizon is capable of being forecast.