Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, April 15, 2013
Like 1973, Dow’s Stock Market Decline To Bring Massive Gold Rally? / Commodities / Gold and Silver 2013
For gold to rise to levels significantly higher than the recent high of $1920, a new impetus is needed. Without additional energy from such an impetus, gold could just trade sideways for a very long time, or even fall further.
There is only so much value in the world economy, and it is split between all the different instruments (like gold, silver, stocks bonds, etc.) where value resides.
Monday, April 15, 2013
Silver Bipolar Roller Coaster / Commodities / Gold and Silver 2013
You bought silver with high expectations! Then it crashed while endless news reports informed you that silver would drop even further. Frustration! Misery! Despair! Depression! You have lived it all. There was no light at the end of the tunnel.
Darkness and despair covered the land of silver. There was no joy in silver-ville.
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Monday, April 15, 2013
Massive $20 Billion Paper Gold Sell Orders Trigger Stop Loss Panic Selling / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,416.00, EUR 1,083.31 and GBP 924.52 per ounce.
Friday’s AM fix was USD 1,548.00, EUR 1,186.30 and GBP 1,008.60 per ounce.
Monday, April 15, 2013
Gold's 'Bear Market': 4 Things Investors Should Know / Commodities / Gold and Silver 2013
With gold plunging, talk of a bear market has taken off...
WE DON'T make price forecasts at BullionVault (one reason we're not on CNBC very often). Nor do we claim gold must only go higher forever. There's a good time to own gold, we think, and a bad time.
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Monday, April 15, 2013
Gold's Demise "Still in Early Stages" as Price Drops Below $1400 / Commodities / Gold and Silver 2013
SPOT MARKET gold prices fell to a two-year low below $1400 an ounce Monday morning, extending Friday's drop that took gold into bear market territory under the definition of a 20% fall from its peak.
Silver fell as low as $23.11 an ounce, its lowest level since October 2010, as stocks and commodities also fell while the Dollar gained.
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Monday, April 15, 2013
Gold And Carbon - Overpriced Assets Hit The Dust / Commodities / Gold and Silver 2013
STRENGTHEN THE DOLLAR, DESTROY GOLD
The US Federal Reserve, at the behest of the Obama administration and exactly like the central banks of other states and nations, at the behest of their political elites, traditionally plays a constant seesaw game of first seeking a higher value of the national money, then a lower value. Today however, this ritual for the US Fed and other central banks now extends to a badly hidden desire to reduce the US dollar's world value to nothing - more than simply easing the repayment of debt to foreign creditors payable in dollars! Unfortunately, this would also destroy the US economy. Obama like his lookalikes in other de-industrialized "advanced industrial countries", still has domestic industries that need to import raw materals, and like a strong dollar or national money, but also need to export their finished products, and like a weak dollar or national money. Squaring that circle simply isn't possible.
Monday, April 15, 2013
The Cyprus-ization Of Gold and Silver / Commodities / Gold and Silver 2013
What is currently going on in gold and silver is nothing short of a concerted effort to crush PM advocates. It is a measure of how desperate the central banking cabal has become. In our last Commentary, we stated that central planners/bankers would stop at nothing to further their evil ends: the confiscation of wealth, by whatever means, and the destruction of the middle class, as the bankers are moving, stumbling toward their vaunted New World Order.
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Monday, April 15, 2013
Gold and Silver Apocalypse Now? / Commodities / Gold and Silver 2013
In this Weekend Report I would like to take an unbiased look at the precious metals complex that has been showing substantial weakness since the October highs of last year. I’m going to show you some charts, further along in this article, that will shed some light on what is really taking place right now. Keeping an open mind is key to being successful in the markets.
This week marked the breakout of gold from the very large 20 month rectangle that finally let us know that the big sideways trading range is in fact a consolidation pattern to the downside and not a reversal pattern to the upside. The breakout was classic from a Chartology perspective. You can see on the the chart below there was a very large daily bar that was created on Friday April 12, 2013 on heavy volume. A breakout like this shows the bulls were exhausted and the bears are back in charge. The bulls had no fight left and are now in retreat looking for the next place in which to try and establish some support. It’s possible that we may see a backtest to the bottom blue rail of the large rectangle that will now reverse its role from support to resistance before the move lower begins in earnest.
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Sunday, April 14, 2013
Silver Market Coming Under Orchestrated Attack / Commodities / Gold and Silver 2013
Much of what is written in the parallel Gold Market update applies equally to silver, and it will not be repeated here. So we will proceed to look immediately at the latest silver charts.
Silver was a sideshow on Friday, as it was gold that came under an orchestrated attack, being driven down first in the Far East before waves of selling in New York took it lower and lower towards critical support, before it was dealt the knockout blow by the London physical market suddenly freezing up in the afternoon, sending holders of bullion into a blind panic and mad scramble to protect themselves in the futures market.
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Sunday, April 14, 2013
Gold Blind Panic, Possible Bloodbath Plunge to $1,000! / Commodities / Gold and Silver 2013
A number of subscribers have written in to me asking how I knew to load up with Puts on Thursday ahead of Friday's massive smash in the gold market. The answer to that is that when you have been watching markets and price movements for as long as I have and understand how Big Money thinks and operates, you develop a "sixth sense" for the kind of stunts they can pull.
We have pointed out repeatedly in the recent past the immense importance of the strong and clearly defined support levels for gold and silver at about $1500 - $1530 and $26 respectively, which have generated several significant reversals over the past 18 months or so. We also made clear that if we know how important these support levels are (were) then for sure Big Money does, and that they would plot to crash these support levels and trigger waves of stops if it was in their interests to do so.
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Sunday, April 14, 2013
Gold Brutal Price Crash - The Final Liquidation of the Gold Bug / Commodities / Gold and Silver 2013
What you are witnessing in the gold market right now is the final liquidation of the gold bug. On Friday gold fell $84 an ounce for a 5.38% drop while the HUI gold stock index fell 6%. Big bad moves. What is worse these drops have come after months of falling gold prices all while the S&P 500 has gone higher.
This has been a very painful time for gold and silver bugs. While they have lost money they have for the most part watched the broad US stock market go up, which means that while their gold positions went down in value those not invested in gold and in just about anything else made money while they lost money. It feels awful to do that. There is only one word for this - brutal.
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Sunday, April 14, 2013
Gold Market Price Crash / Commodities / Gold and Silver 2013
There's been a recent huge draw down of physical gold at the New York COMEX and at the JP Morgan Chase depository. Look at the physical market draw down on the charts below. It has taken a drastic plunge.
HOUSTON -- we have a problem.
Physical inventory drawdown at JPM
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Sunday, April 14, 2013
Silver The Super Conductor / Commodities / Gold and Silver 2013
The Green Miner writes: Silver is the underdog of the precious metals and it has more bite, more beta than the others. It jumps higher and dives lower. Silver speculation somehow goes straight through the vein to the brain and lights up the gambling neurons like a pinball. Silver bugs can make gold bugs look like bankers.
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Sunday, April 14, 2013
Gold And Silver – Bullish Hopes In Bear Market, Trend Wins / Commodities / Gold and Silver 2013
What happened?! is the question so many are asking about Friday's waterfall in prices. A better question is, "Why?" Outside of the insiders, no one really knows. Yes, there can be some fairly cogent explanations, lots of glib answers, but no one knows, for sure.
What we do know for sure is that the market is always the final arbiter. Throughout the decline of the past nearly few years, there has been a continued glimmer of hope for a turnaround in recognition of the infinite printing of fiat, countries drowning in debt, and the only viable solution, at least in the Western world, has been more debt!
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Saturday, April 13, 2013
Gold and Silver Shock and Awe in the Currency Wars / Commodities / Gold and Silver 2013
“This is an orchestration (the smash in gold). It’s been going on now from the beginning of April. Brokerage houses told their individual clients the word was out that hedge funds and institutional investors were going to be dumping gold and that they should get out in advance.
Then, a couple of days ago, Goldman Sachs announced there would be further departures from gold. So what they are trying to do is scare the individual investor out of bullion. Clearly there is something desperate going on....
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Saturday, April 13, 2013
Fake Gold and Silver - Scam Attacks on Precious Metals / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: How many people buying gold or silver today are experts when it comes to physical metal?
I REMEMBER starting out in the industry of foreign currency exchange and precious metals back in the early 1980s.
It was exciting; I mean I really enjoyed it. I started in the vault; I was allowed to handle currencies from all over the world. In a few short months, because of my enthusiasm, I also became an expert on all the major currencies. I had my dear friend and tutor Irving Leiber, who was a survivor of the Holocaust and he taught me everything I know about currency and counterfeits. I loved him dearly and I miss that man.
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Saturday, April 13, 2013
Will Rising Stocks Limit Gold’s Price Fall? / Commodities / Gold and Silver 2013
This week we saw some interesting developments on the financial markets, mainly in the general stock market - S&P 500 has finally reached (and surpassed) the long-awaited 2007 high level and other more specific stock-market sectors have not been idle as well. Let us then jump straight into today's technical portion to take a closer look at what's happened and to see what the implications for the whole precious metals sector are. We will start with the S&P 500 Index long-term chart (charts courtesy by http://stockcharts.com.)
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Saturday, April 13, 2013
Gold Bull Marc Faber Now Says Price May Fall to $1300 Before Rebounding / Commodities / Gold and Silver 2013
Marc Faber, publisher of the Gloom, Boom & Doom Report, said that gold may fall to $1300 before a rebound. He appeared on Bloomberg TV's "Street Smart" with Trish Regan and Adam Johnson today.
Faber said, "I love the fact that gold is finally breaking down. That will offer an excellent buying opportunity." On whether a deflationary environment is possible right now, Faber said, "In the economy of the cuckoo people that populate central banks, everything is possible."
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Friday, April 12, 2013
Investors Panic Selling of Gold GLD ETF / Commodities / Gold and Silver 2013
Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets. Probably the most significant has been the major selling hammering the flagship GLD gold ETF. It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold. What are the implications of this flood of new supply?
The amount of gold bullion GLD has hemorrhaged recently is amazing. To put it into perspective, earlier this week the rumor that embattled Cyprus may be forced to sell its official gold reserves made news. The Cypriot government owns 13.9 metric tons of gold. But on a single trading day alone in February’s gold capitulation, GLD had to sell 20.8 tonnes! The supply recently added by GLD dwarfs everything else.
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Friday, April 12, 2013
Silver Prices, Inflation and Living With the Long Term / Commodities / Gold and Silver 2013
Short term anxiety in the silver market tends to play into the hands of the mainstream financial media that loves to cherry-pick data in order to support the sentiment flavor of the day.
This sentiment is normally biased against holding hard assets like silver, resulting in them being misunderstood or scorned.
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