Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, January 06, 2013
2013 - The Year of the Gold Bull? / Commodities / Gold and Silver 2013
2012 wasn't a fun year for most Gold bulls. Seeing the S&P 500 outperform Gold and seeing Gold stocks get decimated through the 1st half of the year was enough to create suicidal sentiment that is now only marginally improved after another prolonged correction in the precious metals (PM) sector to end the year. But as the many calls for an end of the PM bull market by several of the same people who have been wrong / missed out the whole way up get louder, the risk in the PM sector gets lower and lower.
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Saturday, January 05, 2013
Uranium: Have We Finally Reached a Tipping Point? / Commodities / Uranium
Mike Kapsch writes: Haven’t considered investing in uranium lately?
Can’t say I blame you.
Over the past two years, it’s been ugly.
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Saturday, January 05, 2013
Gold and Silver Hit by the Usual Jobs Report Shenanigans / Commodities / Gold and Silver 2013
The metals were hit Thursday and yesterday after a weak jobs report and an uptick in unemployment made a bit of a canard out of the Fed minutes suggesting that they will be able to cease their monetary easing and bond buying anytime soon.
They may shift to some other mechanism, but they will continue to expand the money supply.
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Saturday, January 05, 2013
Major Gold Move You're Not Hearing About / Commodities / Gold and Silver 2013
Brian Hunt writes: You didn't hear about it in the mainstream press, but gold just "broke out" to an important all-time high...
Longtime readers know that since we started publishing DailyWealth in 2005, we've been outspoken bulls on gold. (We were gold owners and gold bulls years before that.) Since then, we've published hundreds of essays on the right ways to own it. We even published a book on the stuff.
Friday, January 04, 2013
U.S. Gold Bullion Reserve, the 14 Carrot Rabbit / Commodities / Gold and Silver 2013
“14 Carrot Rabbit” is an animated cartoon featuring Bugs Bunny and Yosemite Sam.
The story begins with an old man named Louie successfully gold panning on his claim. Chilkoot Sam (Yosemite Sam) of nasty reputation and carrying a gun, scares Louie away and claims his gold.
Chilkoot Sam gets ten bucks for the gold from Pierre at the “Next To Last Chance Saloon.”
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Friday, January 04, 2013
US Mint Gold and Silver Bullion Coin Sales / Commodities / Gold and Silver 2013
Gold and silver come in multiple forms, each with their own unique yet interrelated supply-and-demand profiles. Among the most popular in the US physical market are the bullion coins produced by the US Mint. Investor demand for these beautiful coins has been robust in recent months despite all the unrelated fund selling weighing on gold. US Mint bullion-coin sales offer great insights into physical demand.
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Friday, January 04, 2013
Government Gold Confiscation 2013 / Commodities / Gold and Silver 2013
Readers may not agree with our conclusions on the confiscation of gold, but we emphasis this reality. If we are wrong, then you will still own your gold; if we are right and you have not taken the right steps to guard against confiscation and the personal dangers to you individually, then you will lose your gold and possibly suffer the penalties, which the "Gold Confiscation Order" may bring with it.
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Friday, January 04, 2013
Gold Price Forecast January 2013 / Commodities / Gold and Silver 2013
This week we've seen a decent rally in gold, silver and other precious metals and precious metals mining stocks, sparked off probably by the fiscal cliff deal. We have mentioned such a course of events many times and it turned out to be true. As is the case with any strong rally, there always comes a correction (or at least a consolidation) afterwards. The one that took place on Thursday was indeed of significant size but did not - in most cases - invalidate the rally. There were even cases that did not experience any correction at all, such as platinum that held remarkably well. Gold stopped at 200-day moving average, correcting around 72% of the rally.
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Friday, January 04, 2013
Silver Prices in the Event of a Comex Default / Commodities / Gold and Silver 2013
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.
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Friday, January 04, 2013
Buying Silver in the Age of Transitory Inflation and Other Political Delusions / Commodities / Gold and Silver 2013
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.
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Friday, January 04, 2013
Gold Price Is Trapping Bulls In Daily Cycle / Commodities / Gold and Silver 2013
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.
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Friday, January 04, 2013
Gold Price Manipulation New Years Sell Off? / Commodities / Gold and Silver 2013
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.
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Friday, January 04, 2013
Gold Falls 3.3% in a Day as FOMC Minutes Suggest QE Could End / Commodities / Gold and Silver 2013
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.
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Friday, January 04, 2013
GOLD Price Mini-Crash / Commodities / Gold and Silver 2013
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.
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Friday, January 04, 2013
Trading Lessons From The Greatest Trader Who Ever Lived / Commodities / Learn to Trade
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.
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Thursday, January 03, 2013
Fiscal Cliff Deal Boosts Profits for Energy Investors / Commodities / Energy Resources
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.
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Thursday, January 03, 2013
Gold, Silver Tick Lower as Fiscal Cliff Deal Euphoria Fades / Commodities / Gold and Silver 2013
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.
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Thursday, January 03, 2013
Dow Gold and Gold Silver Ratio Charts Remain Bullish / Commodities / Gold and Silver 2013
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.
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Thursday, January 03, 2013
Higher Low in Place for Gold Stocks as 2013 Beckons / Commodities / Gold and Silver Stocks 2013
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.
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Thursday, January 03, 2013
The Gold Owner’s Guide to 2013 / Commodities / Gold and Silver 2013
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.
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