Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, September 03, 2012
Silver Price History and "The Hunt Effect" / Commodities / Gold and Silver 2012
History remembers the last nominal high in the price of silver before the more recent high of $49.77 seen in April of 2011 as an anomaly that was largely induced by the Hunt brothers' purported attempt to corner the market by buying large quantities of silver and silver futures to the point where they held rights to over half the global amount of deliverable silver.
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Monday, September 03, 2012
Gold Mines In South Africa See Strikes As Industrial Unrest Spreads / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,686.00, EUR 1,341.72 and GBP 1,061.65 per ounce.
Friday’s AM fix was USD 1,657.75, EUR 1,319.03 and GBP 1,047.68 per ounce.
Silver is trading at $31.78/oz, €25.38/oz and £20.09/oz. Platinum is trading at $1,546.70/oz, palladium at $629.50/oz and rhodium at $1,025/oz.
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Monday, September 03, 2012
Central Bank Action "Good for Gold", ECB Bazooka Needed as Pressure on Spain Intensifies / Commodities / Gold and Silver 2012
SPOT MARKET gold prices hovered close to $1690 an ounce during Monday morning's London trading, close to five month highs hit after Friday's speech by US Federal Reserve chairman Ben Bernanke, in which he noted the US economic situation is "far from satisfactory".
"Central banks are still hurtling towards more cash-printing," one Hong Kong dealer told newswire Reuters Monday.
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Monday, September 03, 2012
The Gold price and the exponential growth of our Debt problems / Commodities / Gold and Silver 2012
Two Bloomberg correspondents reported on August 8 that the US Government’s unfunded liabilities rose by $11 trillion last year, “ten times larger than the official deficit”, and are now at an estimated $222 trillion. The authors base their estimates on figures supplied by the Congressional Budget Office. This makes talk about the “fiscal cliff”, as the Bush tax cuts come to an end, a secondary issue. Meanwhile in Germany the Constitutional Court will be told on 12 September that the bailout costs faced by Germany are €2 trillion with a further €1.7 trillion in the pipeline, compared with only €170 billion a year ago.
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Sunday, September 02, 2012
Silver Fractal Analysis Update / Commodities / Gold and Silver 2012
[Before reading this update on Fractal Silver, you might wish to skim through my recent public article, “Fractal Gold Review and Update” since it discusses key timing issues that this article is based upon.]The Fractal Silver Chart from the late 70’s is a bit different than today, mostly due to the effect that the deflationary psychology of the current period has had on Silver as a partly “economic metal.” This means that the chart of Silver has been much more volatile, especially in downside corrections compared to the late 70’s charts. The Silver parabola is a less fluid form than the Gold parabola with Silver making sharp vertical rises along the way. The Gold and Silver parabolas are driven by the flows of Dollar Inflation to Devaluation, yet big money and Central Banks mostly invest in Gold. This leaves Gold’s little sister, Silver, more prone to volatility and to speculation. This fact can create an advantage for Silver investors.
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Sunday, September 02, 2012
Gold Fractal Analysis Review "YOU AIN'T SEEN NOTHING, YET" / Commodities / Gold and Silver 2012
The Fractal Gold chart work is a direct comparison of Gold, today, to the late 70’s Gold Parabola. Thus, “timing” is taken directly from the late 70’s cycle, with price targets created from a combination of the late 70’s Gold price and different technical analysis techniques. We developed a price target back in 2006/ 2007 for Gold to reach the $10,000 to $12,000 range during this Gold Bull. Anything above that range would mean that the “Stagflation” comparison to the late 70’s was exceeded and “Hyper-inflation” would become a real possibility.Read full article... Read full article...
Saturday, September 01, 2012
Invstors Should Read Lenin to Understand the Markets / Commodities / Gold and Silver 2012
China and India have always been crazy for gold and the yellow metal remains the choice store of value in those two countries, says Don Coxe, a strategic advisor to the BMO Financial Group. In an exclusive interview with The Gold Report, Coxe explains how demographic shifts are affecting the price of gold and delves into the logic of investing in gold as a long-term strategy. Coxe also draws an important lesson in economics from his reading of Lenin.
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Saturday, September 01, 2012
Why Gold Doesn't Need the Fed / Commodities / Gold and Silver 2012
Gold was a star performer during the month of August, outshining other assets in an impressive rally which took many investors by surprise. Many analysts attributed gold's strength to investors' expectations of another monetary rescue operation from the Federal Reserve. But as we'll see in this commentary, such an action is not only unlikely but unnecessary to gold's continued strength.
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Saturday, September 01, 2012
Quanticipation in the Gold Price / Commodities / Gold and Silver 2012
Will he, won't he? Either way, gold says more QE is coming in due course regardless...
SO HERE'S a turn-up for the gold price.
Today saw gold priced in Dollars – and everything else – rising after disappointment over new quantitative easing from the US Federal Reserve.
Saturday, September 01, 2012
Gold and Silver: Breakout Time, Not Bubble Time / Commodities / Gold and Silver 2012
The Chinese ideograph for crisis is represented by the sign for danger joined together with the symbol for opportunity.Read full article... Read full article...
Friday, August 31, 2012
Investor Window to Buy Gold Below $1,700 Is Closing / Commodities / Gold and Silver 2012
Jeff Clark, Casey Research writes: Even the hardiest investors have been lamenting that gold prices have been stuck in a rut for a long time. Others with less experience have watched the market waiting for something to happen….
And as always, many bailed out of the market entirely, licking their wounds.
But some, including me, have been stocking up.
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Friday, August 31, 2012
Gold Stocks GDX ETF Rising / Commodities / Gold & Silver Stocks
As gold enters into a season of fundamental strength and what should be a powerful new upleg, there ought to be rekindled interest in gold stocks. In fact, if gold indeed rallies the gold-stock sector will likely see a much-more-powerful upleg than the metal considering how oversold it’s been. And one of the first places investors will go when they are drawn to this sector is the venerable GDX Gold Miners ETF.
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Friday, August 31, 2012
Gold Struggling at Resistance Levels / Commodities / Gold and Silver 2012
On this week’s news roster we had a hurricane and the Republican National Convention (which scared some Democrats more than the hurricane), but all eyes are on a small town in the state of Wyoming, Jackson Hole, whose claim to fame is majestic Rocky Mountain scenery and the annual meeting of the Kansas City Federal Reserve. At the end of every August, central bankers and economists converge here to take in the views and discuss the latest economic issues. But mostly, along with everyone else on the planet, they wait to see what the Fed Chairman Ben Bernanke will say at 10 a.m. Eastern this morning.
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Friday, August 31, 2012
August 2012: Gold and Platinum Up 2.7% And 6.4% While Silver Surges 9% / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,657.75, EUR 1,319.03 and GBP 1,047.68 per ounce.
Yesterday’s AM fix was USD 1,657.00, EUR 1,320.21 and GBP 1,046.48 per ounce.
Silver is trading at $30.61/oz, €24.42/oz and £19.39/oz. Platinum is trading at $1,516.00/oz, palladium at $617.00/oz and rhodium at $1,025/oz.
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Friday, August 31, 2012
Gold Headed for Third Straight Monthly Gain, Bernanke Speech "Unlikely to Give Clear Policy Signal" / Commodities / Gold and Silver 2012
WHOLESALE prices to buy gold bullion hovered close to $1660 an ounce Friday morning in London, around ten Dollars below where they started the week, while stock markets gained and US Treasuries sold off, ahead of today's much-anticipated speech by Federal Reserve chairman Ben Bernanke and Monday's Labor Day holiday in the US.
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Friday, August 31, 2012
The Gold Cycles: Short and Long Term Outlook / Commodities / Gold and Silver 2012
Kudos to gold and its ability to rally after what had been a stretch of fairly average action. The mini breakout by gold has broken the long running series of lower Daily Cycle tops, a positive development that will need to be sustained if we’re to see Gold begin to move higher over time. For now though, Gold has pushed into the extreme overbought areas which most often result in a decent sell-off and retracement into a Cycle Low. Especially as this is the 3rd Daily Cycle, these tend to be volatile and erratic Cycles with significant gains, but with a tendency to give back much of the gains.
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Friday, August 31, 2012
The Real Cause of High Oil Prices / Commodities / Crude Oil
Nowadays the energy picture is confusing at best as the more information we are shown the more blurred our vision seems to become. Mixed messages, poor reporting and a media hungry to sensationalize anything it thinks can grab a headline have led to many wondering what the true energy situation is. We hear numerous reports on how the shale revolution will transform the energy sector, why alternatives are just around the corner, why advances in oilfield extraction techniques and new finds will help to lower oil prices. Yet no sooner have we read these rosy reports than we are bombarded with negative news on the Middle East, on why alternatives will never compete, on peak oil and declining oil production.
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Thursday, August 30, 2012
Start Your Own GOLD STANDARD / Commodities / Gold and Silver 2012
The gold standard is a monetary system where the standard economic unit of account is a fixed weight of gold. The purpose of this system is to force responsibility onto the government and its fiscal policy. The United States abandoned ties to the gold standard in 1971, but has recently caught the attention of the political world due to the Republican party. However, as many market participants are showing, you do not need a political movement to start your own gold standard.
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Thursday, August 30, 2012
Gold Option Traders Most Bullish Since October 2008 Bottom / Commodities / Gold and Silver 2012
Today’s AM fix was USD 1,657.00, EUR 1,320.21 and GBP 1,046.48 per ounce.
Yesterday’s AM fix was USD 1,664.25, EUR 1,325.04 and GBP 1,051.66 per ounce.
Silver is trading at $30.78/oz, €24.63/oz and £19.50/oz. Platinum is trading at $1,528.25/oz, palladium at $631.80/oz and rhodium at $1,025/oz.
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Thursday, August 30, 2012
Jackson Hole Puts Gold on Hold, But New US Money-Printing "Not Yet Priced In" / Commodities / Gold and Silver 2012
WHOLESALE-MARKET prices to buy gold retreated Thursday morning in London, ticking back towards yesterday's 1-week low at $1653 per ounce as world stock markets also fell.
Prices for silver bullion held steadier, trading just 10¢ below Monday's start at $30.70 per ounce.