Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, March 01, 2013
Gold Down In February As Weak Hands Sell On Poor Sentiment; Whilst Smart Adds / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,570.00, EUR 1,203.99 and GBP 1,043.74 per ounce.
Yesterday’s AM fix was USD 1,591.00, EUR 1,213.39 and GBP 1,049.20 per ounce.
Gold fell $16.70 or 1.05% yesterday in New York and closed at $1,580.40/oz. Silver slid to a low of $28.40 and finished with a loss of 1.66%.
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Friday, March 01, 2013
Too Early to Proclaim Gold Bull Market Over / Commodities / Gold and Silver 2013
By: Ben_Traynor
SPOT MARKET gold bullion fell to one-week lows below $1570 per ounce Friday morning, on course for a third straight weekly loss, having ended February down 5.9% as gold exchange traded funds saw their biggest calendar month bullion outflows on record.
"ETFs will probably contribute negatively to investment demand for the first time in eight quarters," says today's Commerzbank commodities note.
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Friday, March 01, 2013
Will We See Consolidation in Gold Stocks Mining Industry? / Commodities / Gold and Silver Stocks 2013
By: Jordan_Roy_Byrne
As the gold mining sector plunges to the end of a cyclical bear market, one wonders if this ongoing selling climax will precipitate a catalyst for more mergers and acquisitions in the industry. The last 12 years tells us that these transactions tend to follow the market itself but with a lag. Peaks in M&A activity (in global mining) in terms of number of transactions and value occurred in 2006-2007 and 2010-2011 while troughs occurred in 2002 and 2008-2009. According to Ernst & Young, 2012 had the lowest number of global mining deals since 2008 and the lowest in terms of value since 2009. On a smaller microeconomic level, the current depths of the junior mining industry and low share prices across the board should provide a catalyst for more deal flow. Going forward I believe we will see industry consolidation but in two separate different phases which will produce different winners.
Friday, March 01, 2013
Gold Teetering on the Brink, The Bubble of Fear Pops! / Commodities / Gold and Silver 2013
By: Andrew_Butter
I posted something about gold early last September when the price was $1,750; the message was “Be Wary”. http://seekingalpha.com/article/854061-oil-and-gold-still-joined-at-the-hip-be-waryAs expected I got some deliciously abusive comments thrown like rotten-eggs; from behind the safe anonymity of pen-names; my favorite this time was:
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Friday, March 01, 2013
Gold Investors Checking the Exits in the Roach Motel / Commodities / Gold and Silver 2013
By: Adrian_Ash
What is liquidity, and why does it matter...?
Gold investors were selling this month. Some have found it easy, getting top price albeit in a falling market.
But others will have hit problems, struggling to find enough potential buyers to do anything besides take what they could get.
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Thursday, February 28, 2013
How to Profit from High Gasoline Prices / Commodities / Gas - Petrol
By: Investment_U
David Fessler writes: If you live in a major city, there’s a good chance you rely on some form of public transportation to get around. The rest of us, however, are stuck visiting the gas pumps.
Since the beginning of 2013, it’s been anything but a happy New Year, at least as far as gasoline prices are concerned. Since January 1st, the average price for a gallon of regular gas is up about 45 cents.
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Thursday, February 28, 2013
Volatility In Silver and GDX / Commodities / Gold and Silver 2013
By: DeviantInvestor
I recently wrote an article describing the daily volatility in gold and concluded that:
- Even in powerful bull markets, the gold price will probably go down about 40% of time, based on daily prices, and 30% based on weekly prices.
- The “bull” will do everything it can to buck you off and force you out of the market.
- Bull markets never make it easy. By the time it looks easy (say early 2000 in the NASDAQ), it is too late to buy and it is time to exit.
Thursday, February 28, 2013
"Patience Thin" for Gold Investors on Worst Price-Drop in 9 Months, ETF Liquidation / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of gold slipped again below $1600 per ounce on Thursday – a level first reached on the way up in July 2011 – to head for its worst one-month drop since May as world stock markets rose.
Broad commodity markets were little changed, while silver bullion crept back above $29 per ounce.
Down 4.5% in Dollar terms since the end of January at $1590 per ounce, gold for Euro investors was headed for a 1.8% monthly drop at €1212.50.
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Thursday, February 28, 2013
Five Commodity ETFs to Invest in Right Now / Commodities / Commodities Trading
By: Money_Morning
Tony Daltorio writes: One of things all investors should know for 2013 is how to invest in commodities, as the prices of many of these products head for huge gains.
One of the reasons they will soar is because institutional investors have quickly abandoned them in the current risk on/risk off investment climate. There is right now roughly $424 billion invested in commodities, but that is a mere fraction of 1% of all global investment assets.
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Thursday, February 28, 2013
Goldman Sachs Targets $1200 GOLD Price / Commodities / Gold and Silver 2013
By: Darryl_R_Schoon
The gold market is all smoke and mirrors. But now the bankers’ house is on fire, the smoke is getting thicker, the mirrors are cracking and the screams of the trapped will soon be heard.
Thursday, February 28, 2013
Are Gold Bugs Sweating Bullets Over February Price Action? / Commodities / Gold and Silver 2013
By: Eric_McWhinnie
It was not exactly a lovely February for gold bugs. Between talks of a great rotation into risk-on assets, and confusing language from the Federal Reserve, the precious metal experienced heavy-selling pressure to reach new multi-month lows. However, gold investors may not be sweating the decline like some expect.
Wednesday, February 27, 2013
Buy Silver Now! / Commodities / Gold and Silver 2013
By: Peter_Zihlmann
1980 to 2013: From bear to bull
In 1980, the price of one ounce of silver reached $ 50. Today, the purchasing power of the US dollar is substantially less than in 1980.
The price of one ounce of silver would have to rise to $ 150 to reflect the value of the US dollar thirty years ago, assuming an average annual inflation of 3.5%.
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Wednesday, February 27, 2013
Gold Supported by Fundamentals as Bernanke Testimony "Shows QE Has Long Way to Go" / Commodities / Gold and Silver 2013
By: Ben_Traynor
U.S. DOLLAR gold bullion prices fell slightly in Wednesday morning's London trading, but held above the $1600 per ounce level it rallied above yesterday after Federal Reserve chairman Ben Bernanke told Congress that that Fed's ongoing quantitative easing policy "is providing important support to the recovery" and that the benefits "are clear".
Wednesday, February 27, 2013
Silver Price Dip is a Good Time to Buy / Commodities / Gold and Silver 2013
By: Money_Morning
Diane Alter writes: Good news for those investing in silver: The price slump is ending, making now a good time to buy.
Silver prices have slid since the start of 2013, and the white metal's down nearly 9% so far this year. Silver, which had hit a record high of $49.79 an ounce in April 2011, was trading for $29.36 Tuesday afternoon.
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Wednesday, February 27, 2013
Fed To Prompt Currency Crash and Return to Gold Standard / Commodities / Gold and Silver 2013
By: GoldCore
Today’s AM fix was USD 1,608.50, EUR 1,228.80 and GBP 1,062.28 per ounce.
Yesterday’s AM fix was USD 1,597.25, EUR 1,219.65 and GBP 1,052.07 per ounce.
Silver is trading at $29.13/oz, €22.32/oz and £19.33/oz. Platinum is trading at $1,611.00/oz, palladium at $736.00/oz and rhodium at $1,200/oz.
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Wednesday, February 27, 2013
Goldman Sachs Cuts Gold Forecast AFTER Price Plunge, Purposely Late? / Commodities / Gold and Silver 2013
By: Mike_Shedlock
In the less than useless category, Goldman Sachs lowered its gold price targets by over $200 an ounce following the recent plunge. Goldman now says Gold's Cycle Seen Turned.
Read full article... Read full article...The cycle for gold prices, which climbed for 12 straight years, has probably turned as the recovery in the U.S. economy gathers momentum and investment holdings collapse, according to Goldman Sachs Group Inc., which reduced forecasts for the metal.
Wednesday, February 27, 2013
Political Considerations for Silver Prices / Commodities / Gold and Silver 2013
By: Bob_Kirtley
Silver prices have now traded sideways for around 16 months. The lower end of this trading range is $27.00/oz and the higher end is $35.00/oz. As of today the price stands at $29.33 having bottomed at $28.50, it’s taken 4 trading sessions of small but positive gains to reverse the downward spiral from $32.00/oz. Not much to write home about here, but it is encouraging that the carnage is showing signs that it might be over, for now at least. It could of course be a relief rally with more downside selling pressure waiting in the wings a little further down the track. Either way we are still a long way down from the heady days of $48.00/oz.Read full article... Read full article...
Tuesday, February 26, 2013
Rusty Old Tin Can of Gold / Commodities / Gold and Silver 2013
By: Adrian_Ash
Gold has turned, apparently. Leveraged speculators in the futures market said so...
"To hoarders and speculators," says Time magazine, "gold lately has had about as much luster as a rusty tin can."
Rings true here in Feb. 2013. But this clanging bell - entitled The Great Gold Bust, and drowned out as a signal to fill your boots only by the New York Times' infamous Who Needs Gold When We Have Greenspan? of May 1999 - was rung back in Aug. 1976, right at the bottom of a 50% pullback in the 1970s' long bull market in gold.
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Tuesday, February 26, 2013
How to Play the Current Gold and Silver Bear Market / Commodities / Gold and Silver 2013
By: Casey_Research
Given the profoundly bearish sentiment that has gripped so many participants in the resource sector, particularly gold investors, we decided to poll the chief editors at Casey Research regarding the current sell-off. We recognize the severity of the situation and want readers to know we're taking it very seriously.
We also want readers to know that the "Casey consensus" is not a single view imposed on all, but the result of a constant conversation we have among ourselves, questioning our own premises, making sure we don't ignore new data if and when it contradicts our expectations. This is why some of the thoughts below will seem less positive than others; we see this sort of open discourse as a good and healthy thing for out business.
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Tuesday, February 26, 2013
Copper An Early Warning Sign for a Pullback in Stock Prices / Commodities / Copper
By: GrowthStockWire
Jeff Clark writes: Copper dropped 5% last week.
The metal has long been viewed as a leading indicator of stock prices. Investors should pay attention, because when copper catches a cold, the stock market gets the flu. And last week, copper sneezed...