Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Wednesday, April 17, 2013
If You're Worried About Gold Prices, You Need to Read This / Commodities / Gold and Silver 2013
William Patalon writes: When stocks fall by 20% or more from their peak, it's labeled as a "bear market."
With gold prices down 26% from their record close back in August 2011, the "yellow metal" has entered a bear market of its own.
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Wednesday, April 17, 2013
Shale Oil is a Big Game Changer for Dow-to-Gold Ratio / Commodities / Commodities Trading
Financial history is marked with times when populations took collective leave of their senses and succumbed to delusions of ever-expanding wealth. Times of rampant speculation have been enthralled by the introduction of new technologies, that are used to justify pumping-up market valuations, - not just for the present, but also for the near future, and far over the horizon as well. Quite often, the new found wealth is nothing more than a mirage. The wild enthusiasm for the stock market is often overtaken by speculative froth and emotional mania. As such, spectacular rallies deliver massive gains for one generation of lucky investors, but also create massive overvaluations that plague the next generation.
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Wednesday, April 17, 2013
Gold Ambush At The Comex Corral / Commodities / Gold and Silver 2013
Goldman Sach’s prediction of $1200 gold is similar to Hitler predicting the Reichstag fire
Prediction is an art. Heisenberg’s Uncertainty Principle is as operative in the realms of the unknown as well as in the known. But, sometimes, predictions are a slam-dunk such as the large number of put options placed on United and American Airlines in the days prior to 9/11 through Alex Brown Deutsche Bank, an investment unit with close ties to the CIA’s Buzz Krongard.
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Wednesday, April 17, 2013
Gold Long View / Commodities / Gold and Silver 2013
Today, gold nearly hit its Head & Shoulders target by making a low of 1321.50. I believe that it has yet to complete its impulsive Intermediate Wave (3) decline and may do so by Thursday, day 56 in its Trading Cycle. That leave room for a 2-day bounce into Monday and a final decline into the Orthodox Broadening Top target of 1155.00 by the end of next week. The alternate view is that gold may have already made its Intermediate Wave (3) and (4) moves and may be ready for the plunge forthwith.
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Wednesday, April 17, 2013
GOLD GLD Short Sellers Getting More than they Bargained For / Commodities / Gold and Silver 2013
GLD is sporting a probable triangle formation which suggests that it may have one more decline before a more substantial bounce in this series of waves. It appears that the Head & Shoulders target may be the bottom of Intermediate Wave (3) of Primary Wave [2].
Depending on how fast Minor Wave 5 drops to its target, this may be an opportunity for the Primary Dealers to give GLD a boost into Options Expiration. Why? Investors will be stumbling over each other trying to go short on the next decline in an already crowded environment. This will provide easy pickings for the PDs to run the stops on these short sellers.
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Tuesday, April 16, 2013
What the Gold Price Fall Proves? / Commodities / Gold and Silver 2013
"And this means that it is deeply, deeply wrong to think of rising gold prices when bond yields are low as some kind of symptom of monetary excess." Paul Krugman, 10 September 2011
So don't think of gold as an indicator of monetary excess when it is going up, but when it is going down it can be used to prove your hypothesis of a lack of excess, as PK does in the new article cited below.
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Tuesday, April 16, 2013
Forget the Gold Bulls… and the Gold Bears / Commodities / Gold and Silver 2013
by Alexander Green : Gold cratered Friday and then again yesterday, hitting a two-year low on fears that troubled European countries will have to sell their reserves to cover the cost of increasingly expensive bailouts.
The sell-off took the metal below the important $1,400 psychological threshold. Gold bulls are now proclaiming that this “correction” represents an excellent new entry point before the next big rally.
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Tuesday, April 16, 2013
Setting the Stage for Gold Bubble Phase / Commodities / Gold and Silver 2013
Until recently I was expecting the bubble phase for gold to occur as we came out of the next 8 year cycle low in 2016.
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Tuesday, April 16, 2013
Gold Slam is a Massive Wealth Transfer from Our Pockets to the Banks / Commodities / Gold and Silver 2013
I am very disappointed by, but not surprised at, the latest transfer of wealth to the bankers from everyone else. The most recent gold bear raid has vastly enriched the bullion bankers, once again, at the expense of everyone trying to protect their wealth from global central bank money printing.
The central plank of Bernanke's magic recovery plan has been to get everybody back borrowing, spending, and "investing" in stocks, bonds, and other financial assets. But not equally so, as he has been instrumental in distorting the landscape towards risk assets and away from safe harbors.
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Tuesday, April 16, 2013
Gold Gains As 14% Plunge Overdone - Speculators Sell, Central Banks To Buy / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,378.00, EUR 1,054.00 and GBP 900.48 per ounce.
Yesterday’s AM fix was USD 1,416.00, EUR 1,083.31 and GBP 924.52 per ounce.
Gold fell sharply $131.10 or 8.81% yesterday to $1,357.00/oz and silver slid to $22.80 finished -12.69%.
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Tuesday, April 16, 2013
Gold Loses $1 Trillion of Total Global Value, "Could Fall to $1050" / Commodities / Gold and Silver 2013
SPOT MARKET gold prices fell to a fresh two-year low in Tuesday's Asian trading, dropping to $1322 per ounce, before rallying back above $1386, as stock markets extended yesterday's losses.
Silver dropped to its lowest level since September 2010 at $22.10 an ounce before it too recovered some ground. Oil was down on the day by lunchtime in London, while copper ticked slightly higher.
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Tuesday, April 16, 2013
Gold Drop and U.S. Dollar Outlook / Commodities / Gold and Silver 2013
Anyone who’s ever had a brick fall on one’s feet knows how much it can hurt. It’s little consolidation if that brick is made of gold. What’s happening to the price of gold? And has our outlook changed, be that for gold, the U.S. dollar or currencies more broadly?
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