Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, August 20, 2012

Trade of the Year - Gold Versus Paper / Commodities / Gold and Silver 2012

By: Adam_Brochert

I often harp on the Dow to Gold ratio, as I think it is the easiest way to see the "bigger picture" secular trend of poorly performing common stock markets (i.e. paper) relative to the free market's real money (i.e. Gold). I have been not-so-patiently waiting for a turn in this ratio back to the advantage of the Gold bulls. Well, we have now gotten to the point where I feel comfortable arguing that this ratio now is likely to provide the best trade over the next 12 months. When I say best trade, I mean the best potential reward/return relative to the risk.

Sunday, August 19, 2012

Gold $2,000 Will Soon Kickstart Mining Shares / Commodities / Gold & Silver Stocks

By: The_Gold_Report

The lack of excitement haunting the precious metals and mining shares markets over the past year is expected to change in the next few months, according to Michael Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon Ltd. In this exclusive interview with The Gold Report, he explains why he expects gold to finally break through the $2,000/ounce barrier in 2013 and how this should affect the mining stocks that he covers. While share prices are generally low across the board now, Fowler tells us about a few of the ones that he expects to shine bright when the market turns.

Saturday, August 18, 2012

Gold Just Became Money Again, Big Changes Ahead / Commodities / Gold and Silver 2012

By: Doug_Horning

Doug Hornig, Casey Research - On June 18, the Federal Reserve and FDIC circulated a letter to banks that proposes to harmonize US regulatory capital rules with Basel III.

BASEL III is an accord that tells a bank how much capital it must hold to safeguard its solvency and overall economic stability.

Saturday, August 18, 2012

Are Central Banks Still Hoarding Gold? / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

A new report shows global gold demand fell in the second quarter from year earlier levels. Demand in the jewellery, investment and technology sectors all posted a decline, as the average price of the precious metal remained elevated, but range-bound. While some investors were discouraged by the price action, central banks were more attracted to gold than ever before.

Saturday, August 18, 2012

Gold in Stocks Bear Market / Commodities / Gold and Silver 2012

By: Zeal_LLC

With the odds for a new stock bear growing, prudent contrarian investors are looking for bear-resistant destinations for their hard-earned capital.  Plain old cash tops the list, as it will not only preserve wealth but increase its relative stock buying power as the markets grind lower.  But why merely sideline capital if it can still be grown even during a stock bear?  Gold has proven its ability to thrive in such markets.

Last week I wrote an essay on the rising chances a new stock bear is looming.  This primarily has to do with the bull-bear cycles.  The stock markets endlessly march forward in a series of alternating bulls followed by bears.  After a bull, a bear is pretty much inevitable.  This is true at both scales of the bull-bear cycles, the great decade-plus secular moves and the smaller multi-year cyclical moves within them.

Friday, August 17, 2012

Short-term Rally in the Euro Index and Temporary Strength For Gold and Silver? / Commodities / Gold and Silver 2012

By: P_Radomski_CFA

The summer dog days are upon us leaving investors cooling off in the shade waiting for a refreshing breeze of market-moving news. They are anticipating something important that will energize the gold price for an upward move, perhaps another round of quantitative easing by the U.S. Federal Reserve that could possibly be announced at the Fed’s Jackson Hole, Wyoming annual gathering in late-August, or at the next meeting of the Fed’s Federal Open Market Committee in September. Several U.S. economic reports released Wednesday failed to significantly impact the precious metals.

Friday, August 17, 2012

Gold Ponzi Schemes Revealed / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,616.50, EUR 1,306.05, and GBP 1,028.57 per ounce.
Yesterday’s AM fix was USD 1,603.50, EUR 1,306.74 and GBP 1,021.34 per ounce.

Silver is trading at $28.19/oz, €22.94/oz and £18.03/oz. Platinum is trading at $1,460.50/oz, palladium at $587.30/oz and rhodium at $1,025/oz.

Friday, August 17, 2012

Central Bank Stimulus Hopes Boost to Gold Price / Commodities / Gold and Silver 2012

By: Ben_Trayner

SPOT MARKET prices for buying gold bullion traded just below $1620 per ounce during Friday morning's London session, very slightly below where they ended last week, while stock markets also gained, amid renewed speculation over central bank stimulus measures.

Silver bullion traded around $28.30 per ounce, slightly up on where it started the week, while other commodities were also broadly flat.

Thursday, August 16, 2012

Gold Price Disillusionment / Commodities / Gold and Silver 2012

By: Jan_Skoyles

The markets are holding on for more quantitative easing (QE). This is what we keep hearing. Every day we hear reports of the gold price still maintaining its narrow ‘trading range’ of the last month. In fact, since May it hasn’t broken out of the $100 trading range.

Things don’t seem to be getting any better, the markets are still demanding more action, banks are asking for more liquidity, bailouts still seem to be the only medicine for the PIIGS and the central banks are mulling about what to do next.

Thursday, August 16, 2012

Gold Investment Demand and India, China Demand Down; Central Bank Demand Doubles / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,603.50, EUR 1,306.74, and GBP 1,021.34 per ounce.
Yesterday’s AM fix was USD 1,594.75, EUR 1,293.60 and GBP 1,016.74 per ounce.

Silver is trading at $27.91/oz, €22.81/oz and £17.85/oz. Platinum is trading at $1,401.00/oz, palladium at $574.40/oz and rhodium at $1,075/oz.

Thursday, August 16, 2012

Gold "Trapped" in Same Range for Over 2 Months / Commodities / Gold and Silver 2012

By: Ben_Traynor

SPOT MARKET prices for Buying Gold hovered just above $1600 per ounce Thursday morning in London, well within their trading range of recent weeks, having risen back above that level amid ongoing speculation over quantitative easing.

"Gold remains trapped in a range where it has been for two-and-a-half months," says a note from bullion bank Scotia Mocatta.

Thursday, August 16, 2012

Weak Second Quarter For Linn Energy Not A Cause For Concern / Commodities / Natural Gas

By: Elliot_H_Gue

Linn Energy LLC’s (NSDQ: LINE) second-quarter results fell short of expectations, prompting management to reduce its full-year forecast for distributable cash flow (DCF). The limited liability company (LLC) generated $0.70 per unit in DCF, which fell slightly short of the declared quarterly payout of $0.725 per unit. In contrast, Linn Energy covered its payout by 114 percent in the first quarter.

Despite these disappointing results, the firm grew its hydrocarbon output by 76 percent from a year ago, to 630 million cubic feet equivalent per day. Much of this upside stemmed from the integration of new acquisitions, though Linn Energy also posted solid production increases in core operating regions such as the Permian Basin and the Granite Wash.

Thursday, August 16, 2012

How to Optimize Your Gold Stocks Portfolio / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Ron Struthers has crunched the numbers and his indicators are telling him the gold markets are poised for a big jump up. The editor of Struthers' Resource Stock Report called a double-bottom in July and is ready to deploy his liquid reserves so he will be ready for the next bounce. In this exclusive interview with The Gold Report, he makes recommendations for optimal portfolio diversification and names some junior companies set to take off.

Wednesday, August 15, 2012

Do Hedge Funds Still Have Faith in GOLD? / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

The price of gold has been relatively subdued so far this year. After finishing 2011 at $1,531 an ounce, the precious metal trades modestly higher near $1,600. Over the past three months, gold has been in a tight trading range between $1,540 and $1,640. However, several well-known hedge funds recently made large moves regarding the safe-haven asset.

Wednesday, August 15, 2012

Soros Gold Action Speaks Louder Than Trumpeted 'Bubble' Words / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,594.75, EUR 1,293.60, and GBP 1,016.74 per ounce.
Yesterday’s AM fix was USD 1,614.50, EUR 1,305.60 and GBP 1,028.34 per ounce.

Silver is trading at $27.70/oz, €22.65/oz and £17.74/oz. Platinum is trading at $1,401.25/oz, palladium at $571.75/oz and rhodium at $1,060/oz.

Wednesday, August 15, 2012

Good Economic News is Bad for Gold / Commodities / Gold and Silver 2012

By: Ben_Traynor

THE WHOLESALE MARKET gold price fell back below $1600 an ounce during Tuesday morning's London trading, hitting its lowest level for nearly two-weeks, while European stock markets also traded lower, as analysts speculated on the prospects for a third round of quantitative easing (QE3) from the Federal Reserve following the release of positive US economic data.

"The market is disappointed that [gold] was not able to revisit the July high of $1633," says the latest technical analysis note from bullion bank Scotia Mocatta.

Tuesday, August 14, 2012

Quiet Gold Market Waiting for German Big Bang / Commodities / Gold and Silver 2012

By: Ben_Traynor

SPOT MARKET gold prices traded above $1610 an ounce Tuesday morning in London, slightly below where they started the week, while European markets edged higher following news of better-than-expected German economic growth.

Silver prices briefly rallied back above $28 per ounce before retreating, while other commodities were similarly flat on the day.

Tuesday, August 14, 2012

Secret Factors for Beating the Gold Stock Indexes / Commodities / Gold & Silver Stocks

By: The_Gold_Report

John Doody doesn't run off chasing down Indiana Jones' lost gold mines in Peru. He focuses on producers or near-producers whose reserves have been verified as economic to produce. A former professor and the author of the Gold Stock Analyst, Doody has been lying in wait for the market to reach bottom, at which point he's ready to deploy the one-third of his portfolio he's been holding in cash into his top 10 stocks. In this exclusive interview with The Gold Report, Doody shares the metrics he uses to nail down those companies.

Tuesday, August 14, 2012

Gold and the Middle East Crisis / Commodities / Gold and Silver 2012

By: Clif_Droke

The year 2012 has been relatively peaceful compared with the past 10 years. The lack of military aggression on the part of the U.S. has led many to believe that the America's days of military adventures are over. But as we'll see here, 2012 is simply a temporary respite in a longer-term "theater" of war that has only just passed the opening act.

The past decade has indeed been one of near constant strife and turmoil. Starting with 9/11 and the U.S.-led NATO invasion of Afghanistan, and later Iraq, the 10 years between 2001 and 2011 were characterized by ceaseless warfare. The military invasions in the Middle East have been followed by civil and military uprisings in Egypt, North Africa and elsewhere in the region. By contrast, 2012 might be styled a "quiet" year for the Mideast. A withdrawal of U.S. troops from Iraq began in mid 2009 and formally ended in late 2011.

Tuesday, August 14, 2012

Why Stock Selection in Gold Mining is Paramount / Commodities / Gold & Silver Stocks

By: Jordan_Roy_Byrne

As we alluded to last week, there is an overflowing amount of evidence that both the metals and the shares have bottomed. Price action, sentiment indicators and fundamentals more than confirm a market bottom. Does this mean the market is ready to zoom much higher? Not necessarily. The sector must contend with some overhead supply as well as repair technical damage that caused a loss of both short and long-term momentum.