Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, April 16, 2013

Gold...Silver....Bursting Bubbles......Lead Stock Market Lower.... / Commodities / Gold and Silver 2013

By: Jack_Steiman

Yes, the selling was across the board today, but the most interesting part of today was watching the continued bursting of the commodity bubbles in gold and silver, along with other areas of the commodity worst. Gold and silver and other commodities have never been anything more than pure froth or a bubble, no different than the bubble that existed in 1998-1999 in the world of technology. What you learn through age is that ALL bubbles burst in time and never come back. The only sad part of bubbles that burst for good is the amount of people who sadly get sucked in at the top. They lose lots of money over the first few months, but are told to hang in there as it always comes back in time.

Tuesday, April 16, 2013

Don't Panic, Buy Silver / Commodities / Gold and Silver 2013

By: The_Gold_Report

It looks bad for precious metals. Gold prices have fallen hard. Explorers are hurting for money. Slim treasuries mean fewer drill programs. Scarce discovery news could lead to fewer listings on the Toronto Stock Exchange. But all is not lost. In this interview with The Gold Report, Rick Mills, owner and host of Ahead of the Herd, points to the fundamentals of silver and the opportunities for stock pickers willing to invest in small bites and wait out the inevitable market ups and downs.

The Gold Report: Precious metal bul lion and equities are taking a hit right now in the market. Why do you feel silver is an interesting investment today?

Tuesday, April 16, 2013

Gold Price Plummet Is Latest AMSCAM Fraud / Commodities / Gold and Silver 2013

By: Midas_Letter

Today gold has dropped $133 from last week’s close. Friday’s assassination attempt, which as the price of gold drop from $1,560 and ounce to $1475 per ounce, by futures market shorts is remarkable on two fronts. First is that there were 400 tonnes of (paper) gold sold, or one quarter of global annual production. In one day. The second is that this was such an obvious short play – nobody but nobody could deliver 400 tonnes of physical gold in June if they had to – that it absolutely screams “collusion”. What’s more, the sentiment in the mainstream financial press before the assault began, led by Goldman Sachs, who on Thursday proclaimed it was time to short gold, was massively bearish.

Tuesday, April 16, 2013

Gold Panic Selling, Bear Market Bottoms / Commodities / Gold and Silver 2013

By: Jeb_Handwerger

"The main purpose of the stock market is to make fools of as many men as possible." Bernard Baruch

Bear market bottoms are marked by frenzied selling after an extended downtrend of 18 months. Caveat venditor! The record amount of precious metal bears and short sellers getting caught up in this emotional panic may forecast that the downward trend for almost two years in the mining stocks and precious metals may be coming to an end. Capitulation and downward gaps many times mark the bottom or end of the previous downward trend.

Monday, April 15, 2013

The Fed’s Assault On Gold: “Short Selling” and the Rigging of the Gold Market / Commodities / Gold and Silver 2013

By: Paul_Craig_Roberts

I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall.

Monday, April 15, 2013

Gold Crashes and Japan Sinks / Commodities / Gold and Silver 2013

By: Graham_Summers

Gold is crashing this morning, falling over $90 to $1413 per ounce.

This move is looking to be largely based on institutional liquidation in Asia where Japanese bonds are being sold.

The Bank of Japan announced a massive $1.2 trillion QE effort on April 6. The move was lunacy given that Japan has already announced QE equal to over 20% of its GDP in the preceding years and GDP growth was still slowing.

Monday, April 15, 2013

Debtors Nations Forced to Sell Gold / Commodities / Gold and Silver 2013

By: Peter_Schiff

In the opening years of the last decade, most mainstream investors sat on the sidelines while "tin hat" goldbugs rode the bull market from below $300 to just over $1,000 per ounce. But following the 2008 financial crisis, when gold held up better than stocks during the decline and made new record highs long before the Dow Jones fully recovered, Wall Street finally sat up and took notice. The new devotees helped to push gold to nearly $1,900 by September of 2011. For the next year and a half it held relatively steady, trading mostly between $1,500 and $1,800 as more mainstream investors caught the fever. But now it appears that the brief love affair is at an end. It was really only a flirtation as the two were never a good match in the first place. Gold's new suitors never understood the fundamental case for gold and now they are turning their affection back to their true love: U.S. equities.

Monday, April 15, 2013

Gold Bulls Need To Learn The Importance Of Stopping Out / Commodities / Gold and Silver 2013

By: Bob_Kirtley

Over the last 10 years, gold bulls have had a fantastic run as gold rose more than 475% to its August 2011 highs. Even after the recent collapse in gold prices the metal is still up more than 350% in the last decade; the simple strategy of “buy the dip” has yielded enormous profits.

Gold bulls have been able to make gains for years by merely buying gold whenever the price dropped as the next rally would result in new highs before a great deal of time had passed. This however raises the question of “what happens when gold does not make new highs?” The answer is that those who have been employing this strategy lose money; gold dips and the perma-bulls buy, gold dips again so the perma-bulls buy again, gold continues on a downward trend and the once profitable strategy of “buy the dip” soon eats away at the profits that it once generated.

Monday, April 15, 2013

Like 1973, Dow’s Stock Market Decline To Bring Massive Gold Rally? / Commodities / Gold and Silver 2013

By: Hubert_Moolman

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

By: DeviantInvestor

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.

Monday, April 15, 2013

Massive $20 Billion Paper Gold Sell Orders Trigger Stop Loss Panic Selling / Commodities / Gold and Silver 2013

By: GoldCore

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

By: Adrian_Ash

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.

Monday, April 15, 2013

Gold's Demise "Still in Early Stages" as Price Drops Below $1400 / Commodities / Gold and Silver 2013

By: Ben_Traynor

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.

Monday, April 15, 2013

Gold And Carbon - Overpriced Assets Hit The Dust / Commodities / Gold and Silver 2013

By: Andrew_McKillop

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

By: Michael_Noonan

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.

Monday, April 15, 2013

Gold and Silver Apocalypse Now? / Commodities / Gold and Silver 2013

By: Rambus_Chartology

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.

Sunday, April 14, 2013

Silver Market Coming Under Orchestrated Attack / Commodities / Gold and Silver 2013

By: Clive_Maund

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.

Sunday, April 14, 2013

Gold Blind Panic, Possible Bloodbath Plunge to $1,000! / Commodities / Gold and Silver 2013

By: Clive_Maund

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.

Sunday, April 14, 2013

Gold Brutal Price Crash - The Final Liquidation of the Gold Bug / Commodities / Gold and Silver 2013

By: Michael_Swanson

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.

Sunday, April 14, 2013

Gold Market Price Crash / Commodities / Gold and Silver 2013

By: Bill_Downey

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