Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, February 20, 2013
The Great Gold Deception and Misdirection / Commodities / Gold and Silver 2013
“Fascism should more properly be called corporatism, because it is the merger of state and corporate power.” Benito Mussolini
It would be fortunate for the western world, particularly the United States, if it were “merely” becoming a neo-fascist dictatorship. But since all life forces evolve, particularly those that are evil, the west is actually experiencing something far more pernicious: namely, a banksterist dictatorship, which is en route to something even worse.
Wednesday, February 20, 2013
The Most Important Chart for Oil Investors to See / Commodities / Crude Oil
Matt Badiali writes: Each new number out of the oil sector is bigger than the last...
As longtime readers know, we're in the middle of an energy revolution. The technology is advancing so quickly, it's like moving from the Model T to the Ferrari in just a few years.
And it's helping the U.S. tap incredible reserves of oil and natural gas. The latest forecasts are out... and they're shocking.
Wednesday, February 20, 2013
Gold Bull Market `Still Intact' Says HSBC's Respected Steel / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,602.00, EUR 1,195.34 and GBP 1,045.76per ounce.
Yesterday’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce.
Silver is trading at $29.07/oz, €21.83/oz and £19.9/oz. Platinum is trading at $1,664.50/oz, palladium at $753.00/oz and rhodium at $1,225/oz.
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Wednesday, February 20, 2013
Why You Can Bet on Platinum Prices Going Higher / Commodities / Platinum
Jeff Uscher writes: Platinum prices, which have been below gold prices since mid-2011, are once again higher than the yellow metal, and the spread's widening.
Platinum was trading around $1,674 an ounce Friday, while gold was down around $1,605.
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Wednesday, February 20, 2013
Gold Falls Below $1600 for First Time in 6 Months, "Sharp Move Could Trigger Stronger Demand" / Commodities / Gold and Silver 2013
THE SPOT gold price dropped below $1600 an ounce for the first time in six months Wednesday, as the Dollar strengthened and stock markets were broadly flat, ahead of the publication of the latest Federal Reserve policy meeting minutes later today.
Silver fell to $29.19 an ounce, also a six month low, while other commodity prices were little changed on the day.
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Wednesday, February 20, 2013
Gold's Price Dip, Stick to the Facts / Commodities / Gold and Silver 2013
Gold dipped below $1,600 last week, falling to a six-month low, much to the chagrin of gold investors. I find the timing of the correction peculiar, given the G20 Finance Ministers Meeting taking place over the weekend. There's been a growing debate over Japan's move to devalue its currency to stimulate growth, with reaction from the G-7 leaders stating that "domestic economic policies must not be used to target currencies," reports Reuters.
While the G-7 tried to legitimize the currency debasement with this statement, in reality, investors seem to be able to see through to the real motivations.
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Wednesday, February 20, 2013
Embrace Silver Price Volatility All the Way to the Bank / Commodities / Gold and Silver 2013
Most precious-metals investors know that silver is more volatile than gold. But do they know just how big that difference really is?
We thought it would be interesting to measure how much greater silver's daily moves are – both in gains and declines – than gold.
We documented the daily price movements for both metals, and then calculated the difference using absolute values. To interpret the charts below, you need to know that:
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Wednesday, February 20, 2013
Gold and Silver Price Discovery and Transparency / Commodities / Gold and Silver 2013
Miguel Perez-Santalla writes: The price someone is willing to sell to you is not necessarily the value that you'd get for selling the same thing back...
It's interesting how people become accustomed to pricing.
When we go to a retail store here in the United States of America, we accept the price which is posted for the product as the final price in most cases. And because of this retail phenomenon, we have come to accept in many cases the price quoted as the final price. So it is that many are not accustomed to thinking about where the price comes from.
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Tuesday, February 19, 2013
It Pays to Follow the "Smart Money" on Gold / Commodities / Gold and Silver 2013
Jeff Clark writes: The smart money was right again.
Last October, we took a look at the commercial traders' actions in the gold market. We noted that the so called "smart money" had amassed a net short position of more than 300,000 gold futures contracts. And the price of gold usually fell at least 10% on previous occasions when the commercial traders had gotten that short.
Tuesday, February 19, 2013
Changing Gold Demand and the U.S. Dollar Link / Commodities / Gold and Silver 2013
The World Gold Council published a report last week that raises a few important questions and quite a few eyebrows, so let's examine it.
You can access the report here. We recommend that you read it, but if you're not going to go through the entire report, please just take a look at its first page and the chart with total demand for gold from 2003 to 2012.
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Tuesday, February 19, 2013
Gold "Headed for Sell Off" Despite Stronger US Coin Sales / Commodities / Gold and Silver 2013
WHOLESALE prices for gold bullion hovered above $1610 an ounce during Tuesday morning's London session, having ticked higher in Asian trading following losses yesterday, as stock markets also gained, with the US set to reopen following a holiday yesterday.
Gold is still down around 3% on the month however following last week's drop.
"[Last week's] bearish close should lead to a sell-off to below the $1600 level unfolding in the weeks to come," reckons Axel Rudolph, senior technical analyst at Commerzbank.
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Tuesday, February 19, 2013
British Pound at Risk Of "Large-Scale Devaluation" As Currency Wars Intensify / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce.
Yesterday’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53 per ounce.
Silver is trading at $30.13/oz, €22.68/oz and £19.56/oz. Platinum is trading at $1,700.25/oz, palladium at $765.00/oz and rhodium at $1,245/oz.
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Tuesday, February 19, 2013
Are Gold and Silver Prices Being Suppressed? / Commodities / Gold and Silver 2013
Money manager Eric Sprott contends, "Physical demand for gold is out of line with supply. How can all these new people come into this market when there has been no increase in supply . . . for the last 12 years?" Sprott's analysis shows central banks are selling to make up for the shortfall and opines, "I would hate to think what happens when we all find out there is no gold in the Treasury." Join Greg Hunter as he goes One-on-One with Eric Sprott of Sprott Asset Management
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Tuesday, February 19, 2013
Gold Pattern of Predictability / Commodities / Gold and Silver 2013
Investors have experienced a state of prolonged frustration--where prices are TRAPPED between the upper and lower width of a symmetrical trading band. This is a reversal sequence that is gradual in nature, but unfolds in a horrendous ‘up and down’ affair until a sufficient amount of both time and distance is reached. Prices here regroup, gather strength, and undergo heavy accumulation as both, buyers and sellers, eagerly anticipate a forthcoming directional move.
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Monday, February 18, 2013
Crude Oil Price BUBBLEOMIX Forecast 2013 / Commodities / Crude Oil
When the Penny Drops that U.S.A. will be Energy Independent by 2030…
There is an excellent presentation by BP’s Chief Economist which you can find on their website http://www.bp.com...
He hits all the right nails bang on the head; (1) over the past decade 50% of America’s trade deficit was the cost of buying energy abroad, mainly oil; (2) the amount of GDP you can get from burning one barrel of oil is going up, (3) within ten-years and perhaps sooner, U.S.A. will become energy independent for the first time in fifty years (5) Peak Oil isn’t even worth talking about (6) the reason U.S.A. got into shale-gas and then tight-oil before everyone else is that in spite of all the hand-wringing and leaving aside George-W as an isolated exception-to-the-rule, economically it is still the most free place with the lowest level of government-sponsored stupidity and/or cronyism, in the world; apart from isolated pockets such as Hong-Kong, Singapore and Dubai. Well he didn’t actually say that, but in so many words, and (7) implicitly, one of these days that technology is going to be exported.
Monday, February 18, 2013
HUI Gold Stocks Index Head and Shoulders Patterns / Commodities / Gold and Silver Stocks 2013
Tonight I want to show you a long term monthly chart for the HUI. It seems there is alot of disbelief that if a H&S pattern is too big that it some how makes it invalid or not to be trusted. I’m curious how that rumor ever got started? Nothing could be further from the truth IMHO.
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Monday, February 18, 2013
Gold Fails to Hold Asian Gains, Next Large-Scale Devaluation "Could Be the Pound" / Commodities / Gold and Silver 2013
U.S. DOLLAR gold bullion prices failed to hold onto gains made in Monday's Asian session, falling to $1611 an ounce by lunchtime in London, just a few Dollars above Friday's six-month low, as the US Dollar extended recent gains.
Gold dropped 3.4% over the course of last week, including a sharp drop during Friday's US trading.
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Monday, February 18, 2013
China And India Gold Demand Returns / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,611.25, EUR 1,206.39 and GBP 1,041.53per ounce. Friday’s AM fix was USD 1,629.25, EUR 1,221.42 and GBP 1,052.01 per ounce.
Silver is trading at $30.04/oz, €22.59/oz and £19.49/oz. Platinum is trading at $1,690.20/oz, palladium at $756.00/oz and rhodium at $1,225/oz.
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Monday, February 18, 2013
U.S. Dollar Rally Reason for Falling Gold Price / Commodities / Gold and Silver 2013
Gold's recent decline has brought into question, with many investors, why the price of the metal is falling and where it will find support.
Over the last few days, gold has dropped through a key support level at $1650 and descended quickly down to the next lower level at $1600-$1595 (Chart 1).
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Monday, February 18, 2013
Silver Prices Remain in a Consolidation Mood / Commodities / Gold and Silver 2013
So far this year silver prices appear to be range trading at around the $30.00/oz level. Gold prices have been under considerable selling pressure which in turn has tended to cap any rally that silver could muster. The anecdotal evidence suggests that the demand for physical silver remains strong, however over on the COMEX the paper shorts appear to have the whip hand.
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