Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, January 04, 2013

Silver Prices in the Event of a Comex Default / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

If and when the Comex silver market implodes, so should the paper market for silver. Nevertheless, can this happen and will it happen? 

Also, if a Comex default does occur, what are the likely scenarios and aftermath that will impact silver traders and the price of silver? The following sections explore the increasingly likely possibility of a Comex default in further detail.

Friday, January 04, 2013

Buying Silver in the Age of Transitory Inflation and Other Political Delusions / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

Spokespeople for the U.S. Federal Reserve have been saying that rising food and energy prices are transitory. They have now been pushing that illusion on the market for ten years, and some traders are still waiting for inflation to fall.

Nevertheless, the fact is that these price rises are not transitory, and they are instead permanent, systemic and intentional. Furthermore, prices are going to keep on getting higher and higher by all rational indications.

Friday, January 04, 2013

Gold Price Is Trapping Bulls In Daily Cycle / Commodities / Gold and Silver 2013

By: GoldSilverWorlds

The precious metals are not making it easy for investors here. Some are buying afraid of missing a rally, others wanting to but afraid to commit, while the rest want to see more evidence of a change in trend before trusting again. I’m in the 3rd camp, clearly the trend remains down and until proven otherwise I’m just going to need a little more convincing before getting long again.

Friday, January 04, 2013

Gold Price Manipulation New Years Sell Off? / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,632.25, EUR 1,254.32 and GBP 1,018.37 per ounce.
Yesterday’s AM fix was USD 1,684.50, EUR 1,285.09 and GBP 1,039.69 per ounce.

Silver is trading at $29.33/oz, €22.64/oz and £18.39/oz. Platinum is trading at $1,545.00/oz, palladium at $680.00/oz and rhodium at $1,150/oz.

Friday, January 04, 2013

Gold Falls 3.3% in a Day as FOMC Minutes Suggest QE Could End / Commodities / Gold and Silver 2013

By: Ben_Traynor

WHOLESALE Gold Prices fell below $1630 per ounce Friday morning in London, their lowest level since last August and 3.3% below where they were 24 hours earlier, while stocks and commodities also fell and the Dollar gained after Federal Reserve minutes appeared to suggest some policymakers see a case for ending quantitative easing this year.

At its policy meeting last month, the Federal Open Market Committee voted to buy $45 billion of US Treasury bonds per month to support the economy, adding to the $40 billion a month of agency mortgage backed security purchases announced in September.

Friday, January 04, 2013

GOLD Price Mini-Crash / Commodities / Gold and Silver 2013

By: David_Banister

Let’s make one thing clear; nobody I know including myself predicted that Gold would drop from 1690 to 1625 inside of 48 hours this week. That was not in the charts and so I won’t even pretend I was going to see that train coming through the tunnel.

With that said, let’s try to let the dust settle but take a look objectively at some possibilities.

Friday, January 04, 2013

Trading Lessons From The Greatest Trader Who Ever Lived / Commodities / Learn to Trade

By: Money_Morning

Steve Christ wrotes: The stock market has certainly produced its share of heroes and villains over the years. And while villains have been many, the heroes have been few.

One of the good guys (for me, at least) has always been Jesse L. Livermore. He's considered by many of today's top Wall Street traders to be the greatest trader who ever lived.

Thursday, January 03, 2013

Fiscal Cliff Deal Boosts Profits for Energy Investors / Commodities / Energy Resources

By: Money_Morning

Dr. Kent Moors writes: Marina and I are still here in the Bahamas where our Internet and TV reception has been very sporadic over the past two weeks. It started improving on New Year's Day, just in time for us to watch our favorite situation comedy.

You know the one. It's called Congress.

And after much political jockeying and self-serving speeches from a largely empty floor, the House finally voted to pass the Senate's stopgap fiscal cliff Band-Aid.

Thursday, January 03, 2013

Gold, Silver Tick Lower as Fiscal Cliff Deal Euphoria Fades / Commodities / Gold and Silver 2013

By: Ben_Traynor

WHOLESALE gold bullion prices drifted lower to $1680 an ounce by the end of Thursday morning in London, having rallied to a two-week high yesterday following news of the deal to avert the so-called fiscal cliff in the US.

"Precious metals, including gold, [were] able to profit from the euphoria among market players in the wake of the compromise reached in the US budgetary dispute," says today's commodities note from Commerzbank.

Thursday, January 03, 2013

Dow Gold and Gold Silver Ratio Charts Remain Bullish / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,684.50, EUR 1,285.09 and GBP 1,039.69 per ounce.
Yesterday’s AM fix was USD 1,681.50, EUR 1,270.11 and GBP 1,031.22 per ounce.

Silver is trading at $30.92/oz, €23.70/oz and £19.20/oz. Platinum is trading at $1,571.00/oz, palladium at $701.00/oz and rhodium at $1,150/oz.

Thursday, January 03, 2013

Higher Low in Place for Gold Stocks as 2013 Beckons / Commodities / Gold and Silver Stocks 2013

By: Jordan_Roy_Byrne

With all of the volatility of the past nine months, few market observers would think the gold equities have begun a series of higher lows or even a new bull market. However, this action is typical of this sector. GDX first formed a low in May followed by a double bottom low in July. From that point, GDX gained 35% in only two months! After three months and a pullback of 20%, the gold stocks are pushing higher once again and have a chance at a tremendous 2013.

Thursday, January 03, 2013

The Gold Owner’s Guide to 2013 / Commodities / Gold and Silver 2013

By: Michael_J_Kosares

By the time we get to the end of 2013, we will forget much of what shaped 2012. Yet, as we look back at 2012, there are some fundamentally disheartening, if not disturbing trends that are likely to play a determining role in all financial markets for some time to come, including the gold market.

Thursday, January 03, 2013

Are You a Base Metal Growth Bull or a Gold Gloom-and-Doomer 2013? / Commodities / Metals & Mining

By: The_Gold_Report

Gold bugs say the global economy could collapse any day now. But what about investors who see continued growth in emerging economies and a steady, if slow, U.S. recovery? Look to base metals, recommends Haywood Analyst Stefan Ioannou. He expects price runs for 2013–2015, especially for zinc, which is facing a serious supply squeeze. Do your homework now to get positioned as soon as the uptick begins. Ioannou shares his favorites in this Gold Report interview.

The Gold Report: Stefan, what is your 2013 outlook for copper?

Wednesday, January 02, 2013

Credibility of the U.S. Bullion Depositary and Gold Pricing / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

In the classic 1964 movie Goldfinger, James Bond tries to prevent the main villain, Auric Goldfinger, from detonating a dirty nuclear bomb inside Fort Knox. While in Fort Knox, Bond says:

Well, if you explode it [the bomb] in Fort Knox, the... the entire gold supply of the United States would be radioactive for... fifty-seven years.

Wednesday, January 02, 2013

Gold Recap 2012 and Outlook for 2013 / Commodities / Gold and Silver 2013

By: GoldCore

• Introduction – Gold’s Gains In All Fiat Currencies in 2012

• Much of Gold’s Gains in 2012 On 11% Price Gain in January 2012

• Japanese Yen Shows How Gold Protects From FX Devaluations

• Food Inflation Risk As Wheat and Soybeans Surge in Price

• Currency Wars and Competitive Currency Devaluations

• Gold Remains Historically and Academically Proven Safe Haven

• Conclusion – Gold in 2013

Wednesday, January 02, 2013

Seven Ways to Tell If Your Gold is Counterfeit / Commodities / Gold and Silver 2013

By: Money_Morning

Peter Krauth writes: I had just finished a walking tour of the Royal Canadian Mint when I saw it. Right there, out in the open, was a 400-ounce bar of pure gold.

It was chained to a display table and kept safe by an armed guard. At the time, in 2005, the bar was worth $220,000.

Today, the same bar is worth $667,700. In just seven years, gold prices have jumped by 203%.

Wednesday, January 02, 2013

Gold and Silver Gain Along with Stocks on Fiscal Cliff Deal / Commodities / Gold and Silver 2013

By: Ben_Traynor

SPOT MARKET gold prices started the year by touching a two-week high above $1680 per ounce Wednesday morning, as European stock markets also gained following news of a deal in Washington to avoid the so-called fiscal cliff.

Gold in Euros and Sterling by contrast were little changed on the day by late morning in London, recovering losses following a slight dip during Asian trading.

Wednesday, January 02, 2013

The U.S. Gasoline Market Twin Peaks of 2012 / Commodities / Gas - Petrol

By: PhilStockWorld

Courtesy of Doug Short.Here is my weekly gasoline chart update from the Energy Information Administration (EIA) data. Gasoline prices at the pump rose last week. Rounded to the penny, the average for Regular and Premium were up four cents.

According to GasBuddy.com, Hawaii has the highest gasoline price, averaging $3.95. New York is second at $3.72. At the other end of the price range, four states have average prices under $3.00: Colorado is the cheapest at $2.96; the other three are Wyoming, Oklahoma and Utah.

Monday, December 31, 2012

Gold And Silver Very Under-Rated Opposing Forces Into 2013 / Commodities / Gold and Silver 2013

By: Michael_Noonan

It is impossible not to read some source, informed or otherwise, touting the “fact” that the price of gold and silver will be  [insert whatever amount you wish, here], “in the coming months”, or safer, “in the next year or two,” etc. Yet, the market does not echo those almost universally held sentiments.

Why not?

Because that is exactly what they are, sentiments.  When it comes to sentiments or opinions, regardless of how close to source or how well reasoned, the market does not care.  One of the better “resolutions” one can make going into 2013 and beyond it to follow the market’s lead, stop trying to lead it, waiting for it to catch up to your trading acumen.

Monday, December 31, 2012

Big Move Ahead in Copper ETFs and Stocks / Commodities / Copper

By: Chris_Vermeulen

With 2012 now behind us it’s time to start looking for some new long term investments which have big potential gains in the new year. Copper is one metal that has caught my eye.

The long term monthly chart of the copper ETF JJC shows a potential cup and handle pattern accompanied with bullish volume characteristics. Last year copper traded sideways in a narrowing range. This type of price action tends to bore traders and investors forcing them to look elsewhere for new to trades. The saying is “If the market doesn’t shake you out, it will wait you out”