Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, August 09, 2012

Gold Seeks Foothold Above $1600 / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE MARKET prices to buy gold bullion hovered in a tight range around $1615 an ounce for much of Thursday morning in London – marginally above where they started the week – before dipping slightly around lunchtime, while stock markets also edged lower following gains earlier in the week.

"Gold seems to have gotten a foothold above the $1600 level and seems to be relatively stable," says Robin Bhar at Societe Generale 

Thursday, August 09, 2012

There Is More to Gold than Mere Capital Appreciation / Commodities / Gold and Silver 2012

By: The_Gold_Report

John Hathaway, senior managing director of Tocqueville Asset Management, does not particularly trust banks to keep stores of physical gold safe and segregated. Indeed, he considers his black lab Jake a better watchdog than the SEC. That is why he favors the SmartMetals program from Hard Assets Alliance, a new service launched in July. Hard Assets Alliance has partnered with Gold Bullion International (GBI) to offer precious metal purchasing and storage solutions to retail investors. With more investors realizing that safety of capital is the real reason to own gold, safe storage is more important than ever. Read more in this exclusive Gold Report interview.

Thursday, August 09, 2012

Get Ready for the Gold Rebound Before It Is Too Late / Commodities / Gold and Silver 2012

By: The_Gold_Report

While timing exactly when the rebound will happen is impossible, Marshall Auerback, director of Pinetree Capital, believes now is the time to pay the gold market renewed attention. In this exclusive Gold Report interview, he explains why the gold market is more interesting than in the recent past and shares what he would do if he were chairman of the Federal Reserve.

The Gold Report: Marshall, in a July 12, 2012, post on the Pinetree website, you suggest that some central banks may have forward-sold their gold against their initial positions, thereby eliminating them altogether. Can you tell us more?

Wednesday, August 08, 2012

Could Gold Be Tripped Up by Coming Deflation? / Commodities / Gold and Silver 2012

By: Jeff_Clark

Interview with Jim Puplava, by Jeff Clark, Casey Research

Jim Puplava has robust convictions….

The CEO of Financial Sense News Hour, Jim is a man you should listen to carefully if gold factors in your portfolio or if you are thinking about adding gold anytime soon.

Wednesday, August 08, 2012

GOLD Close to Confirming Breakout to All-time Highs / Commodities / Gold and Silver 2012

By: David_Banister

Back in the fall of 2011 I was warning my subscribers and the public via articles to prepare for a large correction in the price of GOLD.  The metal had experienced a primary wave 3 rally from $681 per ounce in the fall of 2008 to the upper $1800’s at the time of my warnings in the fall of 2011. A 34 Fibonacci month rally was sure to be followed by an 8-13 month consolidation period, or what I would term a Primary wave 4 correction pattern.

Wednesday, August 08, 2012

Silver Market Sees ‘Anomalies’ and ‘Devious Efforts’ - CFTC’s Chilton / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,607.00, EUR 1,298.90, and GBP 1,030.33 per ounce.
Yesterday’s AM fix was USD 1,613.00, EUR 1,300.39 and GBP 1,032.39 per ounce.

Silver is trading at $27.88/oz, €22.67/oz and £17.89/oz. Platinum is trading at $1,406.20/oz, palladium at $582.70/oz and rhodium at $1,100/oz.

Wednesday, August 08, 2012

Gold Market "Lacking Momentum" as Traders "More Interest in Olympics" / Commodities / Gold and Silver 2012

By: Ben_Traynor

THE U.S. DOLLAR gold price hovered just below $1610 an ounce for most of Wednesday morning's trading in London – in line with last Friday's close – while stocks and commodities ticked lower and US Treasuries gained.

The silver price dipped below $28 an ounce, although like gold, silver remains slightly above where it ended last week.

Wednesday, August 08, 2012

U.S. Food Prices 2013: Jeremy Grantham Warns of Coming "Dystopia" / Commodities / Agricultural Commodities

By: Money_Morning

Ben Gersten writes: The U.S. Department of Agriculture (USDA) on July 25 issued a report warning every American that U.S. food prices in 2013 will rise 3%-4% -- but that jump is just the start of a frightening long-term trend.

The warm weather in the winter months gave farmers hope for a great crop production this year, but a crippling U.S. drought now covers around 60% of the continental United States. The water shortage has killed crops, pushed corn prices higher, and will eventually make its way to your local store shelves.

Wednesday, August 08, 2012

What Happens to the Gold World When Greece Exits the Eurozone / Commodities / Gold and Silver 2012

By: Julian_DW_Phillips

Can it Happen?

It's becoming clearer and clearer that there is a large blind spot in the minds of financial people regarding this probability. Only financial men who have been in the markets for 40+ years understand what can happen. Since then and until 2007, financial men in general have lived in a growing, constructive world that has bred a comfort zone that's still the norm for them. But we've entered a decaying zone, one replete with disappointing financial news and sagging structures that repeatedly fail to meet expectations.

Wednesday, August 08, 2012

These Oil and Gas Technologies Lower Costs, Boost Upside / Commodities / Oil Companies

By: The_Gold_Report

There's more to the oil and gas business than drilling holes and distributing what comes out of the ground. Technological advancements in other details of exploration and production are creating major opportunities. In this exclusive interview with The Energy Report, EnerTech Advisor publisher James West fills us in on new cost-cutting technologies and the relatively unknown companies behind them, as well as some major companies that are already benefiting from them.

The Energy Report: In your last interview with The Energy Report, "The Who, What and Where of Energy Investing," you touched on a range of energy subsectors. Why are you placing more emphasis on energy rather than mining investments?

Tuesday, August 07, 2012

Gold "Popular Again" Despite Worries Over Indian Monsoon / Commodities / Gold and Silver 2012

By: Ben_Traynor

THE SPOT MARKET cost of buying gold climbed to $1616 an ounce Tuesday morning in London, its highest level so far this week, as commodity prices and stocks markets also edged higher, with the exception of the FTSE which was hit by allegations that one London-listed bank has hidden "secret transactions" from US regulators.

"Gold appears to be enjoying increasing popularity again," says Commerzbank's Commodities Daily note.

Tuesday, August 07, 2012

Gold Market Optimistic on Central Bank Intervention / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,613.00, EUR 1,300.39, and GBP 1,032.39 per ounce.
Yesterday’s AM fix was USD 1,606.75, EUR 1,299.43 and GBP 1,032.28 per ounce.

Silver is trading at $28.08/oz, €22.71/oz and £18.01/oz. Platinum is trading at $1,415.70/oz, palladium at $582.50/oz and rhodium at $1,100/oz.

Tuesday, August 07, 2012

Why Junior Gold Stocks Are Still the Place to Be Invested / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Edward Karr, CEO of Geneva-based RAMPartners, favors a disciplined, patient and steady approach to investing in junior gold mining companies. In this exclusive interview with The Gold Report, Karr shares his thoughts on the European crisis, its effect on gold prices and some of his favorite junior gold mining companies.  

The Gold Report: Edward, because you're based in Switzerland, it would be interesting to get your perspective on the Eurozone's new rescue fund, the Eurozone Stability Mechanism (ESM). There is talk in the market that it could get a banking license, which would provide it access to European Central Bank (ECB) funds, aiding it in bailing out Spain and other economies. Do you believe that will happen?

Tuesday, August 07, 2012

The Global Race for Energy Resources / Commodities / Oil Companies

By: Frank_Holmes

The world watched in awe as American swimmer Michael Phelps became the most decorated Olympian of all time. I’ve read he’s been training in the pool for an average of 6 hours a day, 6 days per week, which equates to about 30,000 hours since age 13 and about 10,000 calories burned during a training day. It’s inspiring to see the incredible results of his tremendous sacrifice and commitment.

Investing in global markets requires the same sort of stamina, especially at times like this week, when the month’s reading on the manufacturing industry was not encouraging. The J.P. Morgan Global Manufacturing PMI of 48.4 for July was the lowest since June 2009.

Monday, August 06, 2012

No Need to Feed the Gold Bull / Commodities / Gold and Silver 2012

By: Ned_W_Schmidt

Animals, real or imaginary, must be fed on a regular basis. That feed, as we have also learned in recent years, can be either real feed or imaginary feed. Virtual animals that live on web-based children’s games can survive on virtual feed. Real bulls can only survive on actual grass or hay. Financial bulls can survive on a variety of imaginary feeds, but only for a limited period of time. As real feed has not been available for financial bulls for such a long period of time, their survival may be in question.

Monday, August 06, 2012

Silver Prices: When Schrödinger's Cat Jumps Out of Pandora's Box / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

Although silver is traded as a commodity, it is also a form of money. You only have to go back less than a hundred years in the long span of human history to discover that silver once circulated widely as currency, typically in the form of silver coins.

In fact, the UK’s paper currency the Pound Sterling originally obtained its name from the British currency that once represented the value of one pound of sterling silver, which is a mixed metal that consists of more than 92.5 percent pure silver.

Monday, August 06, 2012

Helicopter Ben and the Silver COT Report / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

Sadly, when it comes to precious metals investing, no entity seems as important as the Federal Reserve. The Federal Reserve sets U.S. monetary policy, which has a direct impact on the purchasing power of the U.S. Dollar.

This central bank has virtually complete control over inflation in the United States, and hence it can strongly influence the future price of your metals.

Monday, August 06, 2012

Gold and Silver Post Gains on High Likelihood of Central Bank Stimulus / Commodities / Gold and Silver 2012

By: Ben_Traynor

BOTH THE spot gold and spot silver price posted gains in Monday morning's London trading, with the gold price hitting $1610 an ounce– a few Dollars up on where it ended last week – as stocks and the Euro also rallied, with analysts speculating on whether central banks will conduct further stimulus measures.

"There is still room for [Federal Reserve] easing if it is required," says David Jollie, analyst at Mitsui Precious Metals in London.

Monday, August 06, 2012

Gold and Silver Stocks Bullish Short-Term Outlook / Commodities / Gold and Silver 2012

By: Jordan_Roy_Byrne

Back in April we were a bit presumptuous, believing the gold stocks would soon bottom. The ongoing correction was a water torture decline that avoided capitulation. Finally, in the middle of May we were confident that a major bottom was at hand. We argued that the market would make a higher low in July or August. Well, the market bottomed that week and the shares are now on the cusp of a potential double bottom. Some bottoms occur instantly while some take a few months to develop. We believe that Gold and the gold stocks are primed to head higher in the coming weeks and if true, it will further confirm the May bottom.

Sunday, August 05, 2012

Silver Price Forecast: Big Breakout Just Around the Corner? / Commodities / Gold and Silver 2012

By: Investment_U

Mike Kapsch writes: Ahhh… The smell of quantitative easing (QE) is in the air..

And another round of money printing and bond buying from the European Central Bank (ECB) in the coming weeks would almost certainly mean big things for silver prices in the near term.