Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, November 07, 2012

Report Raises Questions About Central Bank Gold Holdings / Commodities / Gold and Silver 2012

By: John_Browne

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.

Tuesday, November 06, 2012

Uranium, the Most Dramatic Speculative Opportunity in Energy Today / Commodities / Uranium

By: DailyWealth

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

By: Ned_W_Schmidt

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.

Tuesday, November 06, 2012

US Monetary Policy "Unlikely to Change" Whoever Wins Election, Fiscal Cliff "Could Propel Gold Higher" / Commodities / Gold and Silver 2012

By: Ben_Traynor

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.

Tuesday, November 06, 2012

UK Royal Mint Plans To Offer Gold Bullion Storage Service / Commodities / Gold and Silver 2012

By: GoldCore

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.

Tuesday, November 06, 2012

Why Big Oil Is to Blame for High Gas Prices / Commodities / Gas - Petrol

By: InvestmentContrarian

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.

Tuesday, November 06, 2012

Silver Demand - Money Versus Commodity / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

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?

Tuesday, November 06, 2012

The Great Precious Metals Managed Retreat / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

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.

Monday, November 05, 2012

Gold $4,000! Yes, But When? / Commodities / Gold and Silver 2012

By: DeviantInvestor

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?

Monday, November 05, 2012

Turkey Paying Iran for Oil With Gold Bullion / Commodities / Gold and Silver 2012

By: GoldCore

Today’s AM fix was USD 1,679.00, EUR 1,313.05, and GBP 1,050.82 per ounce.
Friday’s AM fix was USD 1,708.25, EUR 1,325.77, and GBP 1,061.29 per ounce.

Silver is trading at $31.05/oz, €24.39/oz and £19.51/oz. Platinum is trading at $1,550.32/oz, palladium at $597.38/oz and rhodium at $1,070/oz.

Monday, November 05, 2012

Gold Reacts Negatively to US Election But Still Above Long-Term Uptrend / Commodities / Gold and Silver 2012

By: Ben_Traynor

SPOT MARKET gold bullion prices rallied above $1680 an ounce Monday morning in London, having earlier fallen to a nine-week low, while stock markets edged lower and US Treasury bonds gained, with one day to go before the US presidential election.

The US Dollar Index, which measures the Dollar's strength against other major currencies, rose to a two-month high.

Monday, November 05, 2012

The Secret Return to the Global Gold Standard / Commodities / Gold and Silver 2012

By: Money_Morning

Although it happened more than 40 years ago, many Americans still rue the day back in 1971 when U.S. President Richard M. Nixon effectively took this country off the so-called "gold standard."

Under a true gold standard, paper notes are "convertible" into pre-determined, fixed quantities of the "yellow metal."

What actually happened back in 1971 was that President Nixon - facing huge budget and trade deficits, and a plunging dollar - enacted a series of economic moves, including the unilateral cancellation of the direct convertibility of the U.S. dollar into gold.

Monday, November 05, 2012

Gold Seasonality Chart Shows November as Strongest Month / Commodities / Gold and Silver 2012

By: Jason_Hamlin

In statistics, many time series exhibit cyclic variation known as seasonality. For precious metals investors, understanding seasonality can help to determine when to buy and sell at optimal price points. Analysts often mention gold’s seasonality and refer to the “Summer doldrums” as a buying opportunity and the Winter months as the high season. To verify gold’s seasonality and identify opportunities to profit from the trends, I decided to update the data and charts that I had originally created a few years ago. The new chart has some variations from the past, but the overall trends remain mostly the same.

Monday, November 05, 2012

Putting Gold Bullion and Gold Stocks in Proper Context / Commodities / Gold and Silver 2012

By: Jordan_Roy_Byrne

The precious metals complex had a great rebound at the end of the summer but is now in the midst of a correction. Recently we wrote that the correction was nearing an end. We believe that to be the case. A short-term bottom could occur sometime this week. However, the precious metals sector was unable to retain much of the very strong momentum it previously had. Thus, the metals and stocks will need some time to confirm support and generate positive momentum before they have a chance of breaking to new highs. That being said, we wanted to take a broader view and analyze the sector in its current context in comparsion to the past.

Sunday, November 04, 2012

A Second Chance For All Gold Investors! / Commodities / Gold and Silver 2012

By: Darah_Bazargan

Not long ago, in the article entitled, "The Final Run in Gold," I outlined a sequence of specific events that called for an imminent correction in Gold. Contrary to this viewpoint, the pervasive narrative among analyst at that time was forecasting the metal price to reach as high as $2,000 an ounce. Of course, this expectation never came into fruition, nor was it rational enough to give any credence either.

Sunday, November 04, 2012

Gazprom to Produce Shale Oil / Commodities / Oil Companies

By: Pravda

As soon as the United States launched a campaign to promote shale, this type of energy stopped being trendy. The new trend is shale oil, and "Gazprom", as an avid trend-follower, will produce it. The reserves of this type of oil are twice as large as the reserves of conventional oil. This means that the potential profit calculated in the minds of the gas industry, would grow significantly.

Saturday, November 03, 2012

Gold $1109 Price Target Still Prevails  / Commodities / Gold and Silver 2012

By: Brian_Bloom

Within the context of a Primary Bull Market, the price destination target of $1,109 an ounce for gold remains prevalent; as can be seen from the 3% X 3 box reversal Point & Figure chart below (courtesy stockcharts.com)

Saturday, November 03, 2012

Gold Time to Buy, Buy, Buy! / Commodities / Gold and Silver 2012

By: Toby_Connor

If you aren't already in, Monday or Tuesday should represent an exceptional buying opportunity as gold moves into its final intermediate cycle bottom.

Now that the 38% retracement has been breached I would look for a final exhaustion move to test the 50% level early next week as we move into the elections.

Friday, November 02, 2012

U.S. Presidential Elections and Stock and Gold Price Swings Analysis / Commodities / Gold and Silver 2012

By: P_Radomski_CFA

We summarized our previous essay (Oct 31, 2012) by stating that the correction in metals may not be over yet. It looked like it’s over in case of the mining stocks, at least in terms of price.

This has been quite a week. Not only has the hurricane Sandy showed us how vulnerable we are to the large and indifferent forces of nature, but we also saw how markets can plunge even though the fundamental situation did not deteriorate. In the short run markets don’t act on fundamentals – they move based on investors’ emotions and short-term price swings will always be present. Just as we can’t eliminate weather’s unpredictability, we can’t control what will happen on the market in the short run, even though we are convinced about the existence of the gold bull market. There are some things that we can do about it though – in both cases we can prepare to some extent. In case of the stock market and the precious metals market we can use charts and technical analysis to estimate what may be waiting just around the corner. In the following part of the essay we will do just that and we will focus on stocks, crude oil and gold markets.

Friday, November 02, 2012

Gold Stock Investors Chasing the Rainbow / Commodities / Gold & Silver Stocks

By: Richard_Mills

Robert Lee Hatcher was born June 24th 1867 in Montague, Texas. He arrived in Alaska in 1888. Hatcher had started prospecting in White Oaks, New Mexico, came north at twenty-one, spent time prospecting in Atlin, Canada, and southeast Alaska before heading to south-central Alaska.

In September 1906, Hatcher located hard rock gold. The Skyscraper Vein was a quartz gold claim 1,200 feet above the floor of Fishhook Valley and nearly 5,000 feet above sea level. It was on a ridge below Skyscraper Mountain in the southern Talkeetna Mountains.