Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

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

Sunday, April 14, 2013

Silver The Super Conductor / Commodities / Gold and Silver 2013

By: Submissions

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.

Sunday, April 14, 2013

Gold And Silver – Bullish Hopes In Bear Market, Trend Wins / Commodities / Gold and Silver 2013

By: Michael_Noonan

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!

Saturday, April 13, 2013

Gold and Silver Shock and Awe in the Currency Wars / Commodities / Gold and Silver 2013

By: Jesse

“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....

Saturday, April 13, 2013

Fake Gold and Silver - Scam Attacks on Precious Metals / Commodities / Gold and Silver 2013

By: Adrian_Ash

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.

Saturday, April 13, 2013

Will Rising Stocks Limit Gold’s Price Fall? / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

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.)

Saturday, April 13, 2013

Gold Bull Marc Faber Now Says Price May Fall to $1300 Before Rebounding / Commodities / Gold and Silver 2013

By: Bloomberg

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."

Friday, April 12, 2013

Investors Panic Selling of Gold GLD ETF / Commodities / Gold and Silver 2013

By: Zeal_LLC

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.

Friday, April 12, 2013

Silver Prices, Inflation and Living With the Long Term / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

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.

Friday, April 12, 2013

How to Control the Price of Silver and Other Strategic Commodities / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

In summary, four key influences seem to be at play in creating artificially low prices in the silver market.

• Outside Markets – these tend to have a deflationary influence, until suddenly they do not.

• Physical Market – this has been surging ahead of and outside of the manipulated futures price.

• Commercial Traders – these typically dominate the market and act as fronts for the manipulative central banks that are the so-called “not for profit” market participants often spoken about.

• Tech Funds and Professional Traders – these players tend to be relatively stoic and inwardly focused. Their trading decisions are typically purged of all emotion and seem insensitive to the above factors.

Friday, April 12, 2013

Gold Heads for Third Straight Weekly Fall in Thin Market / Commodities / Gold and Silver 2013

By: Ben_Traynor

U.S. DOLLAR gold prices fell below $1550 an ounce Friday morning, though they remained above last week's low, as stocks and commodities also fell and the Dollar strengthened, with Eurozone finance ministers set to discuss Cyprus, Ireland and Portugal today.

"Current momentum favors a test to the downside," say technical analysts at Scotia Mocatta, "but we would not expect significant liquidation until a break of $1500."

Friday, April 12, 2013

Silver Price is Following its 1970s Pattern / Commodities / Gold and Silver 2013

By: Jordan_Roy_Byrne

The cyclical bear market in Silver is serving its purpose. Its correcting and digesting the 6-fold advance that took place in less than two and a half years. A similar correction took place in the mid 1970s that led to the parabolic move to $50. Amazingly, if you line up Silver’s performance from its 1971 low to 1980 high with Silver’s performance since its 2008 bottom, you’ll notice strong parallels.

Friday, April 12, 2013

How Goldman Sachs is Manipulating Gold Prices / Commodities / Gold and Silver 2013

By: Money_Morning

David Zeiler writes: If you want a lesson on how to manipulate gold prices, you need only look at what Goldman Sachs Group Inc. (NYSE: GS) has been doing over the past few months.

Goldman set the table by predicting a turn in gold prices back in December 2012, which no doubt contributed to the precious metal's 5% decline in the first two months of the year.

Friday, April 12, 2013

A Historical Perspective Of Silver Price Correction / Commodities / Gold and Silver 2013

By: Investmentscore.com

When trying to determine when a market correction may be ending, it only makes sense to look at past corrections to help determine a general guideline.  This really does not have to be a complicated process and the results from some quick analysis can be quite helpful.

Thursday, April 11, 2013

Gold and Silver Take a Beating from Goldman Sachs / Commodities / Gold and Silver 2013

By: Adrian_Ash

The WHOLESALE PRICE of gold rallied from 1-week lows against the Dollar on Thursday morning, but continued to fall for UK and Euro investors, hitting 4- and 2-month lows respectively.

World stock markets continued to rise, while major government bonds slipped, commodities held flat, and silver bullion rose back above $27.50 per ounce.

Thursday, April 11, 2013

Cyprus Denies Gold Sale, Debtors Sell Gold Whilst Creditors Buy / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,555.75, EUR 1,012.20 and GBP 1,189.59 per ounce.
Yesterday’s AM fix was USD 1,581.50, EUR 1,207.16 and GBP 1,032.24 per ounce.

Gold fell $26.20 or 1.65% yesterday to $1,558.50/oz and silver slid to $27.50 and finished -1.29%.

Thursday, April 11, 2013

Why Are Central Banks Buying Gold? / Commodities / Gold and Silver 2013

By: Graham_Summers

Anyone who wants to get to the truth behind the inflationary threats to their wealth should ignore everything the Central Banks say about inflation and look instead at their actions.

Thursday, April 11, 2013

Insider Sales on the Sprott Physical Silver Trust / Commodities / Gold and Silver 2013

By: Jesse

Someone emailed me about this, and I wanted to get the actual data so you can see it.

It appears that Eric Sprott has sold about 3 million shares of his Silver Trust so far this month.  That is quite a bit of selling, but certainly not unheard of for someone who is a billionaire.