Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, April 19, 2013
What Just Happened to Silver Prices / Commodities / Gold and Silver 2013
Both gold and silver experienced historic sell offs during the last few trading sessions. Although market commentary and analyst opinions have been varied, very few outside of the precious metals community have come close to discerning the reality of this move.
Without a working knowledge of price discovery, most people will fail to grasp the meaning of what just happened.
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Friday, April 19, 2013
Gold Climbs Back Above $1400, Investors Could Sell into Strength / Commodities / Gold and Silver 2013
WHOLESALE gold prices rallied above $1400 an ounce Friday morning, with analysts continuing to point to strong demand for physical bullion following gold's sharpest weekly price fall in over four years.
"Expect the market to sell into strength," warns bullion bank Scotia Mocatta, whose technical analysts see support for gold at $1309 an ounce, the February 2011 low.
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Friday, April 19, 2013
Gold Futures Raid Leads To ‘Extraordinary’ Demand For Bullion Globally / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,414.00, EUR 1,080.46 and GBP 920.63 per ounce.
Yesterday’s AM fix was USD 1,397.00, EUR 1,070.17 and GBP 917.09 per ounce.
Friday, April 19, 2013
Gold and Silver 'Orchestrated Panic' / Commodities / Gold and Silver 2013
"Oh what a tangled web we weave,
When first we practise to deceive."
Sir Walter Scott
In particular listen to what Jeff Sachs has to say. If you do nothing else, listen to what this man has to say. Read full article... Read full article...
Thursday, April 18, 2013
When Gold Has No Friends / Commodities / Gold and Silver 2013
There are likely, at minimum, half a dozen reasons for the swift correction in precious metals over the past week. The real reason might be one, two, or even all of what I’m going to lay out below.
I’m going to go way out on a limb here. Right now gold has no friends. Even some of its biggest proponents are declaring the bull market to be over. The deflationists are loving this as it gives them ammo. I have gone on the record several times as stating there is no way we can have hyperinflation given what currently exists as a monetary reality. And I’ve also explained why, while readily admitting that could certainly change. That said; I am not a deflationist either. I recognize that regardless of how the dollar standard ends, the banksters will arrange the chess pieces so that they win. And in the arrangement of those chess pieces is the accumulation of vast amounts of gold, and to a lesser extent, silver. That is a fact that cannot be denied.
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Thursday, April 18, 2013
Score: Banksters Two, Gold & Silver Zero / Commodities / Gold and Silver 2013
Friday the 12th and Monday the 15th of April were memorable days. It is clear that both silver and gold paper markets were taken down via a devastating attack of naked short selling that triggered margin calls that accelerated the decline. Gold and silver investors panicked, and some sold into the lows.
We have been there before. Using SLV prices (slightly lower than spot silver), a high near $21 was reached in March of 2008. Markets crashed, both stocks and metals investors were seriously hurt, and the banksters received a bailout – TARP. Ancient history – but the point is that, in 2008, silver dropped about 55% from its high price, while gold lost about a third from its high price.
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Thursday, April 18, 2013
Asia "Buys the Dip" in Gold, as Physical Demand Also Jumps But ETF Outflows Continue / Commodities / Gold and Silver 2013
WHOLESALE prices for buying gold climbed briefly above $1400 an ounce Thursday morning, having bounced from a $50-an-ounce drop overnight, with dealers reporting strong demand for physical bullion in Asia.
In Hong Kong and Macau, the number of customers visiting stores run by the world's biggest jewelry chain, Chow Tai Fook, jumped by a quarter in the period between Saturday and Tuesday, Bloomberg reports.
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Thursday, April 18, 2013
CFTC Probe Gold Price Plunge “No Visible Central Bank Activity” Say Blackrock / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,397.00, EUR 1,070.17 and GBP 917.09 per ounce.
Yesterday’s AM fix was USD 1,379.00, EUR 1,046.12 and GBP 903.14 per ounce.
Thursday, April 18, 2013
Jim Rogers Gold Price Forecast and the Agriculture Boom / Commodities / Gold and Silver 2013
Garrett Baldwin writes: In October, legendary Quantum Fund manager Jim Rogers made a prediction about gold prices that left many gold bugs shaking their head.
Although Rogers admitted he wasn't going to be selling his hard assets, he predicted further consolidation and a near-term correction in the metals markets.
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Thursday, April 18, 2013
Why Gold Price Really Crashed and What You Can Do About It / Commodities / Gold and Silver 2013
Keith Fitz-Gerald writes: The news is great at telling us what's happening. But knowing what's happening is a lot different than understanding what happened - and that's what makes the difference between an average investor and truly great investors.
Gold's crash Monday is a perfect example. The media was falling all over itself as one pundit after the other came on TV to talk about how gold was falling and how far off its highs it was. Few tied the devastating slide to real economic events -- let alone made the connection to actual trading.
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Thursday, April 18, 2013
Why I Still Want To Own as Much Gold as Possible / Commodities / Gold and Silver 2013
Whoa! This is getting interesting...
Gold crashing on Monday. Slight recovery yesterday. Stocks crashed on Monday too. Now surging.
What happened to gold? No one knows. There were reports of a 124.4 ton sell order from an investment bank on Friday morning. But from whom? Why? Nobody knows.
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Wednesday, April 17, 2013
End of the Gold and Silver Bull Market? / Commodities / Gold and Silver 2013
On Friday we witnessed a great plunge in gold (almost $80 – from $1560.30 to $1480.50) and silver (almost $1.7 – from $27.58 to $25.89) and we are seeing even lower prices this week.
No matter if we take gold from the USD perspective, average non-USD perspective, or gold priced in individual non-USD currencies, we will see that the price has broken below the key support levels.
What about silver? On Friday it moved insignificantly below some support levels (intra-day 2011 and 2012 lows) and at this time silver confirms the bearish outlook for gold. In fact it’s only a few dollars above its 2008 high.
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Wednesday, April 17, 2013
Bitcoin Price Bubble Heard 'Round The World / Commodities / Gold and Silver 2013
Justin O’Connell writes: For many of our TDV Newsletter readers, who seek a Perpetual Traveler lifestyle, storing tangible wealth throughout the world remains problematic.
For this reason and others, the Bitcoin price does not matter, just as it doesn't really matter with the gold and silver markets. As I write this, silver is below $24, yet US wholesale distributors CNT and Dillon Gage are out of the metal. Also, as I write this, despite the most massive volume ever in Bitcoin, virtually all on the sell-side, Bitcoin holds $50.
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Wednesday, April 17, 2013
Commodity Trading Opportunities Videos / Commodities / Commodities Trading
Dear Trader,
If you read commodity news, you've probably noticed a trend: Seems like no one likes commodities any more! Here are some recent headlines:
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Wednesday, April 17, 2013
Gold Price Plunge - Where's the Opportunity? / Commodities / Gold and Silver 2013
Never a dull day in markets! With Japan entering the central bank quantitative easing game, currency devaluation as a global theme is accelerating, yet the gold price has just succumbed to the most serious correction since the gold bull market started in 2001.
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Wednesday, April 17, 2013
Hold Stocks and Sell Gold - a Really Dumb Idea / Commodities / Gold and Silver 2013
Above chart demonstrates in part why Goldman Sachs recommendation to sell Gold, and presumably to continue holding equities, may be another one of the dumb ideas out of their commodity research. Plotted in that chart is the end of year ratio for the price of $Gold to the S&P 500 since 1945. Most recent bar is for the current value of those assets.
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Wednesday, April 17, 2013
Gold Traders "Still in Shock" After "Excessive Selloff" / Commodities / Gold and Silver 2013
WHOLESALE MARKET gold prices hovered around $1380 an ounce Wednesday morning in London, little changed from a day earlier, as European stocks continues to fall along with most commodities and US Treasuries gained.
Silver hovered around $23.50 an ounce for most of the morning, also little changed from the previous day.
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Wednesday, April 17, 2013
Gold Bullion Panic Buying / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,379.00, EUR 1,046.12 and GBP 903.14 per ounce.
Yesterday’s AM fix was USD 1,378.00, EUR 1,054.00 and GBP 900.48 per ounce.
Gold rose $16.40 or 1.21% yesterday to $1,373.40/oz and silver also finished up 2.63%.
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Wednesday, April 17, 2013
Will Silver Price Keep Falling? / Commodities / Gold and Silver 2013
As gold prices plummeted $200 in two days, silver prices fell about 14%, or $4, to below $24 an ounce.
Our Money Morning resources expert Peter Krauth explained the reasons behind gold's fall, so we went back to him to find out the deal with silver prices. Will silver keep falling? Is it a buy at the lower levels?
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Wednesday, April 17, 2013
Gold Investing - Here's What to Do Now / Commodities / Gold and Silver 2013
Monday's drop in gold prices was the largest one-day plunge since February 1983 - which led many of those investing in gold to bail on the yellow metal.
Gold prices tumbled $140.40, or 9.4%, to $1360.60 an ounce. This brought the two-day decline to $203.70, or 13%.
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