Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, December 02, 2012
Gold, Silver and Miners in Stage 1 Accumulation Mode / Commodities / Gold & Silver Stocks
We don’t hear much about gold and silver anymore on the news. This time last year you could not go 5 minutes without a TV or radio station talking about them. Why is this? Simple really, precious metals have been building a Stage 1 Basing Pattern for the last 12 months. This boring sideways trading range is how the market gets most of those long holders out of an investment before it starts another move up. The saying is “If the market doesn’t shake you out, it will wait you out”.Read full article... Read full article...
Sunday, December 02, 2012
WTI Crude Oil Price To Test $65 Level in 2013 / Commodities / Crude Oil
WTI closed November just shy of $89 a barrel on hopes of an improving economy. I think there is an argument for an improving economy in 2013, but it is just too early to tell how things are going to come together with the economy, and all the ramifications of basically an anti-business and social agenda political leadership of the last four years.
Read full article... Read full article...
Saturday, December 01, 2012
Gold and Silver Oppan Gangnam Style Bear Raid / Commodities / Gold and Silver 2012
Another bit of a bear raid in the metals took gold back down to touch the 30% retracement on the handle intraday.
Otherwise it was an uneventful day, as the true money believers placed another appendage in the dike of their illusions, and hoped for the best.
Read full article... Read full article...
Saturday, December 01, 2012
Gold and Silver Smart Money Exits Too Soon / Commodities / Gold and Silver 2012
“Too little, too late” could well describe the current plight of the 'smart money' silver investor, since many seem to be arriving late to the party when the market has not even yet entered the final phase for investment demand in either silver or gold.
Of course, some investment money has trickled in to the precious metals, but to the average investor, prices are still correcting and the market’s fundamentals remain very much misunderstood.
Read full article... Read full article...
Saturday, December 01, 2012
China Silver Demand — One Step Closer to the Edge / Commodities / Gold and Silver 2012
The Hong Kong based Chinese Gold and Silver Exchange Society or CGSE announced recently that it will launch Yuan-based silver spot trading in Hong Kong in the first part of next year. The exchange says growing demand for silver has prompted the decision.
This move shows that China is inching closer and closer to the silver market and is quietly nibbling away at Western demand for silver.
Read full article... Read full article...
Saturday, December 01, 2012
The Gold Price Barometer / Commodities / Gold and Silver 2012
There are some very respected technical analysts who are calling for an exploding gold price and there are also a few respected technical analysts who disagree with that view. One analysis that recently arrived in my inbox shows that gold’s On-Balance-Volume chart is giving sell signals.
From a technical perspective, if one takes emotion out of the equation, there are three charts that seem to me to be of importance (four if one includes that OBV chart which I am unable to reproduce for copyright reasons. It was produced by Kimble Charting):
Read full article... Read full article...
Saturday, December 01, 2012
Gold Miners Downsizing Capital Expenses for Smart Growth 2013 / Commodities / Gold and Silver Stocks 2013
Smart companies are beginning to ignore analysts' insistence that production growth is always good, and to focus instead on growing their margins by lowering capital expenses. This is good news to U.S. Global Investors Inc.'s Brian Hicks, co-manager of the Global Resources Fund, and Ralph Aldis, senior mining analyst and portfolio manager of the Gold and Precious Metals Fund and World Precious Minerals Fund. Learn what kinds of companies attract the interest of these active managers in this Gold Report interview.
The Gold Report: The Nov. 1 edition of Frank Talksuggested that gold equities generally perform poorly in a U.S. election year but rebound strongly the following year. Do you expect a better year for gold and gold equities in 2013?
Read full article... Read full article...
Saturday, December 01, 2012
Golds Big Fuss Over Nothing / Commodities / Gold and Silver 2013
How the gold price has gone nowhere – fast and aggressively – ahead of 2013...
WHAT A FUSS over nothing! Gold crept back Friday morning to right where it stood before last Friday's sudden 1.4% jump, trading at $1730 the ounce.
Saturday, December 01, 2012
Gold Stocks Bullshine Investing / Commodities / Gold and Silver Stocks 2013
In 2001 and 2002 miners were producing gold for sub-$180 cash costs - the operational cost of the mine divided by the ounces of production. By 2005 cash costs had risen 45 percent to US$250. Data from GFMS shows world gold production costs for the first half of 2009 averaged $457/oz. Average cash costs in 2011 were US$657.
According to the Thomson Reuters GFMS’s Gold Survey 2012 global gold mine production was flat (output rose 0.1 percent to 1,366 metric tons) in the first half of 2012. The average grade of ore processed globally dropped 23 percent from 2005 through the end of last year and is forecast to decline another four percent in 2012.
Read full article... Read full article...
Friday, November 30, 2012
Two Major Stock and Commodities Trading Opportunities - Video / Commodities / Commodities Trading
The editor of Elliott Wave International's Metals Specialty Service, Mike Drakulich, has just recorded a new, free video forecast:
Read full article... Read full article..."Aluminum and Alcoa: Exciting Juncture (Nov. 29, 2012.)"
Friday, November 30, 2012
Global Silver Mining Stocks Production / Commodities / Gold & Silver Stocks
In order to satiate the world’s growing hunger for silver, a lot of pressure has been placed on its supply chain. And with total annual supply recently exceeding 31k metric tons (1.0b ounces) for the first time ever, the suppliers of this white metal have so far made a valiant effort to meet demand.
Silver demand is on the rise for a variety of reasons, in large part due to big increases in investment demand. And this has naturally created a structural imbalance that has spawned a major secular bull market. A bull in silver of course translates to higher prices. And silver’s much higher prices have provided ample incentive for the major sources of supply (recycling and mining) to boost output.
Read full article... Read full article...
Friday, November 30, 2012
Gold Possibility to Regain Its Medium-term Glitter / Commodities / Gold and Silver 2012
10 days ago, in our gold and silver stocks essay, we wrote that volatility in the mining stocks sector was mostly emotionally-driven. Since then some of that volatility seems to have transpired to the metals market. Gold dived $25 on Wednesday, immediately triggering rumors of misplaced trades or technical errors. The CME Group denied this had been the case and theories of a large player selling gold off in the morning sprung up like mushrooms.
Read full article... Read full article...
Friday, November 30, 2012
US Power Grid Vulnerable to Just About Everything / Commodities / Electricity
As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran's eventual nuclear potential, it has a much more pressing problem at home: Its energy grid is vulnerable to anyone with basic weapons and know-how.
Read full article... Read full article...
Friday, November 30, 2012
Gold, Silver Rise On QE4 Currency Debasement Concerns / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,728.25, EUR 1,329.53, and GBP 1,077.87 per ounce.
Yesterday’s AM fix was USD 1,724.50, EUR 1,327.56, and GBP 1,076.47 per ounce.
Silver is trading at $34.32/oz, €26.53/oz and £21.50/oz. Platinum is trading at $1,621.00/oz, palladium at $683.30/oz and rhodium at $1,050/oz.
Read full article... Read full article...
Friday, November 30, 2012
Gold Price Forecast to Average $1920 in 2013 / Commodities / Gold and Silver 2013
GOLD PRICES rose back to $1730 per ounce in early London trade on Friday – the same level seen just before last week's late jump and subsequent 2.0% sell-off on Wednesday.
Silver touched a new 8-week high just shy of $34.40 per ounce, while the broader commodities market ticked lower.
Major-government debt prices were flat. So too were European stock markets.
Read full article... Read full article...
Friday, November 30, 2012
Gold Confiscatation, When and How? / Commodities / Gold and Silver 2012
There has been a persistent fear among both institutions and private owners of gold that, at some point in the near future, their gold will be confiscated by their governments, as was the case in 1933. For very different reasons, we believe that that danger persists and is growing by the day. We feel that because gold is rapidly returning to an active role in the global monetary system -as we have seen in the gold/currency swaps within the Bank for International Settlements and in the discussions on redefining gold as a Tier I asset right now--investors should be aware of the conditions in which this would. We also indicate what we feel to be a solid solution for protecting yourself against a gold confiscation.
Read full article... Read full article...
Friday, November 30, 2012
Gold Price Market Manipulation Proof / Commodities / Gold and Silver 2012
A lot has been written lately about the gold price manipulation and the real amounts of gold reserves of the central banks. There are several views on the same topic, the most rational one being purely statistical. As it’s easy to get caught by emotions, we have chosen in this article to let the figures and the charts tell the story.
Read full article... Read full article...
Friday, November 30, 2012
Gold and Silver Are A Profitable Approach to the Coming Crises / Commodities / Gold and Silver 2012
Profit Opportunities, as well as pain, surely exist in all coming Crises-Inducing developments such as:
- Inflation generating QE-to-Infinity and Eurozone Outright Monetary Transactions
- Fiscal Cliff/Grand Bargain Negotiations
- Debt Super-Saturation of most of the countries in the Developed World including the USA, Great Britain, and France, as well as the PIIGS
Friday, November 30, 2012
Silver Outperforming Gold May Signal Inflationary Rally / Commodities / Gold and Silver 2012
We are approaching the end of the year where investors are facing a confluence of mixed signals such as tax loss selling, fiscal cliff discussions, the Greek bailout, future Fed actions and Middle Eastern geopolitical turmoil. Short term shakeouts like yesterday’s early morning drop in precious metals should be expected. The precious metals markets appeared to have found support of a massive sell order at the open. We may see more turbulence as investors react to news driven reports emanating from the gridlock in Washington.Read full article... Read full article...
Friday, November 30, 2012
How to Pick Renewable Energy Stocks in Changing Markets / Commodities / Renewable Energy
It's impossible to generalize when it comes to renewable energy investments. Therefore, investors must approach opportunities on a case-by-case—and state-by-state—basis. But Jacob Securities Senior Vice President of Research John McIlveen knows how to pick his plays in any market environment. In this interview with The Energy Report, John McIlveen names his best bets. As always, safety first.
Read full article... Read full article...