Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, October 25, 2012

Silver Demand In China For Wealth Protection to Climb to Record 7,700 Tons / Commodities / Gold and Silver 2012

By: GoldCore

Today’s AM fix was USD 1,715.00, EUR 1,317.71, and GBP 1,063.24 per ounce.  Yesterday’s AM fix was USD 1,708.50, EUR 1,321.04, and GBP 1,069.28 per ounce.

Silver is trading at $32.11/oz, €24.81/oz and £19.88/oz. Platinum is trading at $1,580.75/oz, palladium at $602.30/oz and rhodium at $1,070/oz.

Thursday, October 25, 2012

Sell Your Gold, Q4 Defence, Hedge Your Bets and Up Your Stops / Commodities / Gold and Silver 2012

By: Money_Morning

Keith Fitz-Gerald writes: So far fourth quarter earnings have made a mockery of things.

Of the 20 S&P 500 companies that have provided Q4 guidance so far, 18 of them have guided lower, "slashing" their forecasts, according to Goldman Sachs and CNBC (as of Monday afternoon).

Thursday, October 25, 2012

Forecasts for Gold, HUI Index And The US Dollar / Commodities / Gold and Silver 2012

By: Vin_Maru

Looking at the gold chart below, we can see that gold has been correcting over the last two weeks. When applying some technical analysis to the gold chart, we can clearly see that there would have been overhead resistance at $1800 since most of the year gold has traded between $1550 and $1800. A few weeks ago, we also noticed a big build in the short position on the Comex's Commitment of Traders report COT by the commercial and bullion banks. The effort to stop gold's advance at a key resistance level was successful in part because of the huge increase in the short position at that level, which is why we knew to take some profits and that would be an ideal place for a correction to start.

Thursday, October 25, 2012

Gold James Bond, and Europe's New Gold Standard / Commodities / Gold and Silver 2012

By: Adrian_Ash

Europe's huge gold reserves are currently more useless than Bond-villain Auric Goldfinger could wish...

LET'S SAY you owe the world €2 trillion, but you also hold the world's 4th largest hoard of physical gold.

Sounds like a no-brainer, right? Use Italy's gold to pay Italy's debt.

Thursday, October 25, 2012

Why Soybeans Beat iPads / Commodities / Agricultural Commodities

By: Ned_W_Schmidt

Technology businesses have always seemed to this researcher to be a losers' game. Soybeans, in the past decade or so, have been converted to a winning game. Why play with losers when one can play with winners? The simple, but elegant, reason soybeans are a better bet than iPads is the cost structure of the two businesses. One is desirable and one is not. The reason soybeans are better is that the cost structure in the industry is now fundamentally better than that of technology.

Wednesday, October 24, 2012

Peak Price Not 'Peak Oil', Free 26 Page Report / Commodities / Crude Oil

By: EWI

Greetings,

In July 2008, when crude oil prices were at $148 a barrel and "peak oil" bulls were forecasting a rise to $200, even $300 a barrel, contrarian technical analyst Robert Prechter took the opposite stance:

Wednesday, October 24, 2012

Gold Falls as Draghi to Enter the Lion’s Den / Commodities / Gold and Silver 2012

By: GoldCore

Today’s AM fix was USD 1,708.50, EUR 1,321.04, and GBP 1,069.28 per ounce.  Yesterday’s AM fix was USD 1,717.00, EUR 1,317.22, and GBP 1,072.12 per ounce.

Silver is trading at $31.93/oz, €24.77/oz and £20.02/oz. Platinum is trading at $1,577.25/oz, palladium at $596.70/oz and rhodium at $1,100/oz.

Wednesday, October 24, 2012

Renewable Energy Could Cause Your Electric Bill to Plummet in 2013 / Commodities / Electricity

By: Money_Morning

Dr. Kent Moors writes: As we come to the end of an election campaign cycle, something else will be ending as well.

Wind subsidies.

A poster child for the ongoing debate over government support for renewable energy, the wind subsidy will expire at the end of 2012. Amidst the fog and din of a political war, Congress is not going to renew it.

Wednesday, October 24, 2012

From Bin Laden To Biofuels - Quant Easing And Energy Security / Commodities / Crude Oil

By: Andrew_McKillop

SACRILEGE
Many times, Bin Laden and his lieutenants would issue communiques loaded on floppy disks which were intercepted, translated and very creatively interpreted by the CIA's well paid Arabists. Concerning oil, The Bearded One was severe: the impious, even sacriligious West would be punished by oil at $144 a barrel and economic ruin would ensue. In July 2008, going not one better but three dollars better, Goldman Sachs goosed oil prices to $147 a barrel but economic ruin had already ensued. Quantitative Easing was invented, another semi-mystical cultural product of the impious West, whereby about $35 trillion of "new money" was invented since 2008, but disappeared like Bin Laden. To be sure there are differences between the two stories: Goldman Sachs did not receive a helicopter visit from Navy SEALS for its oil price-gouging tricks, but that is only a detail of history.

Wednesday, October 24, 2012

Silver Price Volatility / Commodities / Gold and Silver 2012

By: Bob_Kirtley

Every picture tells a story and this picture depicts the volatility inherent in the silver market. With options expiry coming to fruition this week this sudden spike must have scared the whatsit out of the shorters. We sincerely hope that they managed to get back off the window ledge in time to see the price of silver come back to a level acceptable to them.

Wednesday, October 24, 2012

What Will Price Gold and Silver Tomorrow / Commodities / Gold and Silver 2012

By: Julian_DW_Phillips

The gold and silver price has and will move in tandem with each other, with silver moving higher still when gold prices rise and falling further when gold prices fall. Despite different fundamentals behind the two and a different pattern of mining [silver is a by-product of base metal production usually] the two metals are reflecting their value as a means of saving value and wealth, their monetary value. This won't change as we see the economic currents behind the world's financial system continue to falter. After all, for several millennia, man has not trusted man's promises, but has referred to the precious metals to determine true value. So why should the last forty plus years change that, particularly when the 40-year + experiment with a paper financial system has shown so many structural faults.

Tuesday, October 23, 2012

"Pause in Monetary Policy" sees Gold Drop Below $1710 / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE PRICES for gold bullion dropped below $1710 an ounce ahead of Tuesday's US session, its lowest level in over six weeks, as stocks and commodities also fell and the Dollar rallied, with two weeks to go until the US presidential election.

Silver bullion fell through $32 an ounce to hits its lowest level since the first week of September.

Tuesday, October 23, 2012

What Is the Actual Book Value of Germany’s Gold Reserves / Commodities / Gold and Silver 2012

By: GoldCore

Today’s AM fix was USD 1,717.00, EUR 1,317.22, and GBP 1,072.12 per ounce. Yesterday’s AM fix was USD 1,725.00, EUR 1,321.03, and GBP 1,075.10 per ounce.

Silver is trading at $31.80/oz, €24.52/oz and £19.95/oz. Platinum is trading at $1,590.25/oz, palladium at $605.25/oz and rhodium at $1,125/oz.

Tuesday, October 23, 2012

Natural Gas Cliff / Commodities / Natural Gas

By: Andrew_McKillop

CLIFF TOPS AND BOTTOMS
In 2004 the self-styled "environmental philosopher" Julien Darley could bring out a book with the title "High Noon For Natural Gas". With other conspiracy theorists, doomsters and media hopefuls ranging from Naom Chomsky to Michael Ruppert, Darley peddled the "US natural gas cliff". Especially the US, but also any other country increasing its use of natural gas was heading for a fall - off the cliff.

Tuesday, October 23, 2012

Gold Stage Three Volatility / Commodities / Gold and Silver 2013

By: Darryl_R_Schoon

STAGE 3: The price of gold is subject to increasing highs and lows and large investment funds move in and out of gold as global uncertainties wax and wane, a sign that gold is increasingly a haven in uncertain times.

pp. 151-152, Time of the Vulture: How to Survive the Crisis and Prosper in the Process, DRS, 3^rd ed., 2012

Tuesday, October 23, 2012

Gold Mining Stocks Now Provide Bargain Trade Opportunities / Commodities / Gold and Silver 2012

By: The_Gold_Report

Many precious metals mining stocks are now trading at bargain prices but the old "buy and hold" strategy no longer applies in this fluid market environment, says Florian Siegfried, CEO of Precious Capital AG. In this exclusive interview with The Gold Report, Siegfried says investors need to do their homework and pick their entry and exit points carefully as he names some undervalued opportunities he expects to provide above-average returns in the next market run-up.

The Gold Report: This is the first time you are speaking with The Gold Report, Florian, so maybe you could give us a brief overview of Precious Capital AG and its investment focus.

Monday, October 22, 2012

Gold and Silver - When Inflation is Summoned by the Masses / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

As the democratic masses increasingly sense that their living standards are becoming threatened,they have been blindly authorizing their governments to do “whatever it takes” to arrest the impending economic collapse.

In fact, as the vocal voting public insists upon quick solutions to the economic crises, politicians are ready and waiting to analyze popular needs and desires in order to deliver the messages that the people so badly want hear.

Monday, October 22, 2012

Gold US Dollar Link in Question, Technical Setup / Commodities / Gold and Silver 2012

By: Chris_Vermeulen

The $1800 per ounce level continues to be a major technical resistance area for gold. After hovering near $1800 recently, gold moved sharply away from that level last week to close at $1735 an ounce.

Despite that, more fund managers and analysts continue to point to a bright long-term future for gold prices. John Hathaway of the Tocqueville Gold Fund says gold will reach new highs within a year. He based his forecast, like many others, on the fact that negative real interest rates look likely to persist as Ben Bernanke and the Federal Reserve continue to print money.

Monday, October 22, 2012

Gold Charts Pointing to Downward Move / Commodities / Gold and Silver 2012

By: Ben_Traynor

AFTER Monday's Asian session saw new six-week lows, the Dollar gold price recovered some ground to trade near $1725 an ounce Monday morning in London, while stocks and commodities were broadly flat and US Treasury bonds fell.

"Both the weekly and daily charts are pointing for an initial move to $1693," says the latest technical analysis from bullion bank Scotia Mocatta.

Monday, October 22, 2012

Gold bullion flowing from West to East / Commodities / Gold and Silver 2012

By: Alasdair_Macleod

Earlier this month Eric Sprott circulated a paper, co-authored by him, which concluded that Western central banks have considerably less physical gold than they claim. It shows that since the year 2000 there has been a net increase in identifiable annual demand of 2,268 tonnes, and concludes that some supply, apart from mine output from the “free” world, must come from Western central banks – because there can be no other source.