Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, November 08, 2012
Increased Gold And Silver Storage In Zurich And Asian Capitals / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,715.00, EUR 1,347.42, and 1,075.84 GBP per ounce. Yesterday’s AM fix was USD 1,730.50, EUR 1,345.86, and GBP 1,080.75 per ounce.
Silver is trading at $31.85/oz, €25.10/oz and £20.00/oz. Platinum is trading at $1,546.75/oz, palladium at $607.30/oz and rhodium at $1,100/oz.
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Thursday, November 08, 2012
Gold Forecast $3,700 By 2016 U.S. Presidential Election / Commodities / Gold and Silver 2012
Peter Krauth writes: It's now two years and two billion dollars later...
And in many ways, we're right back where we started with the same President, and a house divided.
For investors, all the uncertainty this situation brings to the fiscal cliff and its impending tax increases and spending cuts are likely to fuel plenty of volatility for the next several months.
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Thursday, November 08, 2012
Gold and Silver Prices Set to Rocket Higher / Commodities / Gold and Silver 2012
Now that the presidential election is over we can hopefully look forward to some respite from the perpetual bombardment dished out by both the Republican and the Democratic Party machines. President Obama has been re-elected so we can expect four more years of a Washington centric controlled economy with a rolling program of borrow, print, spend and pretend, similar to the last four years. The so called fiscal cliff will not be met head on, the approach will be one of extending some of the tax cuts now in place and a watered down strategy of fiscal prudence. Budget ceilings will come and go and the deficit will grow ever larger as the economic recovery will be considered far too fragile for any serious attempts at financial reform. All in all nothing has really changed, the slow motion train crash will continue and the fallout will affect everyone.
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Thursday, November 08, 2012
iNeed Rare Earths / Commodities / Rare Earths
Smaller, faster, smarter. Technological advances have reduced the size of electronic devices whilst endowing them with ever more speed, intelligence, and functionality making them ever more personal and indispensible.
Rare earths play a huge role in almost all electronics and green technologies today, and judging by the unprecedented pace at which the world is embracing smartphones and tablets, our dependence on rare earths is rising exponentially. Such dependence certainly won’t wane until an alternative is discovered.
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Thursday, November 08, 2012
Is Copper a Strategic Metal? / Commodities / Copper
If your country’s main goal is to develop long term electrical infrastructure and distribution, then yes, Copper is certainly a strategic metal. However, as a reflection of the sluggish economy, Copper dropped to a low of $7,930 per metric ton on the London Metal Exchange (LME). And the International Copper Study Group (ICSG) predicts that, despite the slowdown, the world demand for refined copper in 2012 will exceed supply by around 400,000 metric tons making it the third consecutive year of production deficit.
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Wednesday, November 07, 2012
Obama Election Victory Implications for U.S. Dollar and Gold / Commodities / Gold and Silver 2012
Alia iacta est! As networks projected an Obama victory, there was a sea of red: the dollar is down versus currencies and gold. As pundits will shift the focus on the fiscal cliff, the market appears firmly focused on what may be more relevant: an Obama win favors a continuation of the current easy money policy. Had Romney won, Fed Chair Bernanke would have become a lame duck, undermining the credibility of the Fed's commitment to keep interest rates low way beyond the end of Bernanke's term in early 2014. With this uncertainty removed, the Fed's increased emphasis on employment is here to stay. The market rewards this certainty by bidding up gold, selling off the dollar versus all major currencies.
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Wednesday, November 07, 2012
Obama Hope, Change and Gold / Commodities / Gold and Silver 2012
Ten years after the American century ended, should an optimist choose to buy gold...?
GOLD doesn't mind a bit of hope or change. It doesn't care about anything much, what with being just an inert metal and all.
Wednesday, November 07, 2012
Gold Gains as Obama Win Means Loose Monetary Policy Will Stay / Commodities / Gold and Silver 2012
SPOT PRICES for buying gold fell back to $1720 an ounce Wednesday morning in London, after hitting two-week highs following news of the re-election of Barack Obama as US president.
"Gold is making significant gains on the back of a weak US Dollar," said this morning's commodities note from Commerzbank.
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Wednesday, November 07, 2012
Obama Election Wins Sends Gold And Silver 2 and 3 Percent Higher / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,730.50, EUR 1,345.86, and GBP 1,080.75 per ounce. Yesterday’s AM fix was USD 1,691.75, EUR 1,321.58, and GBP 1,058.80 per ounce.
Silver is trading at $32.01/oz, €25.18/oz and £20.12/oz. Platinum is trading at $1,559.50/oz, palladium at $614.00/oz and rhodium at $1,120/oz.
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Wednesday, November 07, 2012
Bullish Case for Silver and Even More Bullish Case for Silver Stocks / Commodities / Gold and Silver 2012
We summarized our previous commentary on gold and the US Presidential Elections by stating that based on Friday's decline, it seems that the bottom in the precious metals sector might have just been reached. Based on today's rally in gold and silver, it seems that it was really the case.
Before moving on to the silver market and its technical details, let's discuss the idea of verifying if gold held in New York is as pure as it should be.
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Wednesday, November 07, 2012
Be Prepared For Post Election Gold and Silver Rally / Commodities / Gold and Silver 2012
We are experiencing a pullback in precious metals and mining stocks as investors react momentarily to a purported better than expected jobs report. It is reported that the unemployment rate increased despite adding 171,000 new jobs.
The numbers look abysmal. However, the media reports that the economy is picking up and no more QE will be needed. Hence, precious metals are hammered. We have seen this before where investors are shaken out during corrections while the long term gold and silver players add more on pullbacks.
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Wednesday, November 07, 2012
Report Raises Questions About Central Bank Gold Holdings / Commodities / Gold and Silver 2012
For years I have cautioned that changes in the ownership of gold held in the vaults of key central banks around the globe may not have been accurately reported. A report issued last month in Germany has once again brought these issues to the fore. In today's environment of rampant money creation and questioning of central bank activities, such uncertainty is bound to spark the curiosity of an increasing number of investors.
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Tuesday, November 06, 2012
Uranium, the Most Dramatic Speculative Opportunity in Energy Today / Commodities / Uranium
Daily Crux Interview Series : The Daily Crux: When we last spoke, you mentioned you were bullish on several areas of the resource market. One that you're especially bullish on today is uranium. Can you explain why that is?
Rick Rule: Well, the "big picture" reasons to be bullish on uranium – and energy more generally – are probably quite familiar to most of your readers.
Tuesday, November 06, 2012
Gold Black Hole Friday? / Commodities / Gold and Silver 2012
Guess the question is obvious: What the @#$% happened to Gold Friday?
The morning actually seemed to start off fine. U.S. reported on the number of jobs added last month. It was a good number, +171,000. That was the second month in a row with something good in this report. With the U.S. mired in the longest running period of high unemployment since the last great failure of Keynesian economics, the Great Depression, this report should have been welcome news. Instead, Gold, and most other markets, seemed to plunge into a black hole.
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Tuesday, November 06, 2012
US Monetary Policy "Unlikely to Change" Whoever Wins Election, Fiscal Cliff "Could Propel Gold Higher" / Commodities / Gold and Silver 2012
WHOLESALE MARKET gold prices extended their gains from a day earlier Tuesday, rising above $1690 an ounce in London this morning – 1% up on yesterday's two-month low – while stocks and commodities also ticked higher and US Treasury bonds fell, as voters head to the polls for the US presidential election.
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Tuesday, November 06, 2012
UK Royal Mint Plans To Offer Gold Bullion Storage Service / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,691.75, EUR 1,321.58, and GBP 1,058.80 per ounce.
Yesterday’s AM fix was USD 1,679.00, EUR 1,313.05, and GBP 1,050.82 per ounce.
Silver is trading at $31.39/oz, €24.60/oz and £19.71/oz. Platinum is trading at $1,549.75/oz, palladium at $611.80/oz and rhodium at $1,070/oz.
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Tuesday, November 06, 2012
Why Big Oil Is to Blame for High Gas Prices / Commodities / Gas - Petrol
George Leong writes: While oil prices have fallen to the $85.00 level, the price of gasoline continues to be stubbornly high, and you can blame this on the greed of the big oil companies.
Despite the decline in oil prices, it still costs me over $100.00 to fill up my gas-guzzling SUV.
According to the U.S. Energy Information Administration (EIA), the price of regular gasoline averaged $3.57 per gallon across the U.S. as of October 29, which is still well below the historical average U.S. high of $4.11 per regular gallon reached on July 18, 2008.
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Tuesday, November 06, 2012
Silver Demand - Money Versus Commodity / Commodities / Gold and Silver 2012
The silver market often seems to be like burning both ends of a candle at the same time. Basically, somewhere in the middle the two flames are bound to meet and cause an explosion in price.
Many long term precious metal investors have wondered whether silver is just another commodity component of the CCI, or if it will eventually reassert itself as money?
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Tuesday, November 06, 2012
The Great Precious Metals Managed Retreat / Commodities / Gold and Silver 2012
Many observers, notably GATA, have characterized the more than decade long run up in the precious metals markets as a managed retreat orchestrated by the big bullion banks.
These banks typically profit by using their large transaction size and deep pockets when the market is vulnerable to induce substantial price variations, often by triggering stop loss orders placed by short term speculators.
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Monday, November 05, 2012
Gold $4,000! Yes, But When? / Commodities / Gold and Silver 2012
There are hundreds of predictions for the price of gold. Some say it will crash to nearly $1,000, and others proclaim $3,000 by the end of 2012. The problem is that some predictions are only wishful thinking, others are obvious disinformation designed to scare investors away from gold, and many are not grounded in hard data and clear analysis. Other analysis is excellent, but both the process and analysis are difficult to understand. Is there an objective and rational method to project a future gold price that will make sense to most people?
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