Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, December 04, 2012
Weakness in Gold Price "Non-Sustainable", Central Banks "Happy to Buy on Dips" / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET prices to buy gold rose back above $1705 an ounce during Tuesday morning's London session, though it remained below where it started the week following falls overnight, while stock markets also edged higher along with the Euro after European leaders welcomed progress on Greece's debt buyback program.
Tuesday, December 04, 2012
Buffett’s Gen Re Sees “Tendency To Higher Gold Prices” / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,706.75, EUR 1,305.35, and GBP 1,058.65 per ounce.
Yesterday’s AM fix was USD 1,718.00, EUR 1,317.59, and GBP 1,069.67 per ounce.
Silver is trading at $33.55/oz, €25.60/oz and £20.77/oz. Platinum is trading at $1,598.50/oz, palladium at $685.10/oz and rhodium at $1,075/oz.
Read full article... Read full article...
Tuesday, December 04, 2012
More Signs of Silver Bullion Shortage / Commodities / Gold and Silver 2012
By: GoldSilverWorlds
“This is the definition of a silver shortage – nothing to do with the physical amount of the substance being in deficit, but people’s psychological intention not to sell. The extent to which a shortage is developing is witnessed by the extent of backwardation.”
Monday, December 03, 2012
The Significant Impact of U.S. Crude Oil Production / Commodities / Crude Oil
By: Frank_Holmes
The Eagle Ford shale formation lies south of our headquarters in San Antonio, Texas, giving the U.S. Global investment team a firsthand, tacit perspective on the oil and gas industry's growing natural resources phenomenon. We've witnessed how the oil activity is boosting the local economy with solid-paying jobs, a healthy housing market and strong consumer sentiment, as oil giants such as Schlumberger and Halliburton take a bigger stake in the area.
Monday, December 03, 2012
Gold, Silver and Negative Swiss Franc Cash Account Interest Rates / Commodities / Gold and Silver 2012
By: Jesse
The most interesting news for me today was Credit Suisse Sets Negative Interest Rates For Cash Accounts.
The reaction in the euro was decided. The Swiss do not wish to see the franc appreciate because of their cross trade with the Eurozone.
Read full article... Read full article...
Monday, December 03, 2012
Gold Remains in Long Run Uptrend / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold prices fell back below $1715 an ounce Monday morning in London, more-or-less in line with where they were two weeks ago after failing to hold gains made during Asian trading.
"Gold is still following its long term uptrend from 2008 lows," say technical analysts at Scotiabank, "with support from the uptrend at $1632."
Read full article... Read full article...
Monday, December 03, 2012
U.S. Eagle Gold Coins Strongest Since 1999 / Commodities / Gold and Silver 2012
By: GoldCore
Today’s AM fix was USD 1,718.00, EUR 1,317.59, and GBP 1,069.67 per ounce.
Friday’s AM fix was USD 1,728.25, EUR 1,329.53, and GBP 1,077.87 per ounce.
Silver is trading at $33.49/oz, €25.80/oz and £20.94/oz. Platinum is trading at $1,599.50/oz, palladium at $676.50/oz and rhodium at $1,055/oz.
Read full article... Read full article...
Monday, December 03, 2012
The Coming Silver Price Eruption / Commodities / Gold and Silver 2012
By: Alasdair_Macleod
There was a degree of predictability about the knockdown in gold and silver at the US futures market (Comex) last Wednesday. The reason is that the Commercials (together the producers, processers, fabricators, bullion banks and swap dealers) have large short positions, so they have a vested interest in lower prices. This is particularly noticeable in silver, which is shown below.
Sunday, December 02, 2012
Gold, Silver and Miners in Stage 1 Accumulation Mode / Commodities / Gold & Silver Stocks
By: Chris_Vermeulen
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
By: EconMatters
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.
Saturday, December 01, 2012
Gold and Silver Oppan Gangnam Style Bear Raid / Commodities / Gold and Silver 2012
By: Jesse
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
By: Dr_Jeff_Lewis
“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
By: Dr_Jeff_Lewis
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
By: Brian_Bloom
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
By: The_Gold_Report
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
By: Adrian_Ash
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
By: Richard_Mills
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
By: EWI
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
By: Zeal_LLC
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
By: P_Radomski_CFA
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.