Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, June 25, 2012

US Dollar, Euro (DM before 1999), Yen and Sterling Depreciation Against Gold Since 1900 / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,569.00, EUR 1,256.406 and GBP 1,009.0 per ounce. Friday’s AM fix was USD1,570.50, EUR 1,251.79 and GBP 1,005.70 per ounce.

Monday, June 25, 2012

Gold Trades "In Sideways Range" Ahead of European Summit / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE MARKET gold bullion prices dropped below $1570 an ounce during Monday morning's London session, though they remain broadly in line with where they ended last week, with markets focused on this week's European leaders' summit.

Gold bullion is now at levels similar to those seen in the second week in May, when gold fell through $1600 for the first time in 2012.

Monday, June 25, 2012

Gold, Oil, Metals, Agricultural Commodities Bull Market Appears to Have Ended / Commodities / Commodities Trading

By: Tony_Caldaro

We had been bullish on the entire commodity sector until the 2002-2007 equity bull market ended, and turned bearish in early 2008. After the crash in 2008 commodities, and equities, hit a significant low in early 2009. For commodities we labeled that low as Primary wave A of an ongoing bear market. A rising Primary wave B was then underway. Since several of the sectors in the commodity market had not completed their bull markets yet. We expected this B wave could retrace a good portion of the A wave decline. It did not!

Monday, June 25, 2012

Cash in on the Next Gold Rush by Investing in Underwater Mining Stocks / Commodities / Gold & Silver Stocks

By: Money_Morning

Ben Gersten writes: The next real gold rush won't be on a far flung asteroid. It will be under the sea.

In fact, The Wall Street Journal said earlier this month that underwater mining could be a $500 trillion business someday.

That means underwater mining stocks, which are cheap now, could be headed for monster gains.

Monday, June 25, 2012

Gold Price Some Way Off 2011's Bubble / Commodities / Gold and Silver 2012

By: Miles_Banner

The gold price started steady last week with good news for the euro, the Greek pro bailout party, New Democracy, won the elections. And the eurozone members of the G-20 party agreed to drive down borrowing costs across the single currency area, according to the communiqué from the summit in Mexico.

Sunday, June 24, 2012

Shale Natural Gas Reality Begins to Dawn, Ideal Setup for a Price Spike! / Commodities / Natural Gas

By: Nicole_Foss

It has long been our position at The Automatic Earth that North America is collectively dreaming with regard to unconventional natural gas. While gas is undeniably there, the Energy Returned On Energy Invested (EROEI) is dramatically lower than for conventional supplies. The critical nature of EROEI has been widely ignored, but will ultimately determine what is and is not an energy source, and shale gas is going to fail the test.

Sunday, June 24, 2012

Gold and Silver Ending a Week of Shenanigans / Commodities / Gold and Silver 2012

By: Jesse

Gold and Silver Ending a Week of Shenanigans

Well, we can say goodby to this week, and good riddance to what proved to be a rough week for the metals bulls and miner mavens, except for the good news that Harvey Organ's illness was not life threatening and he will be fine it appears.

Sunday, June 24, 2012

Crude Oil Price To Fall Further? Saudi Seeks To Checkmate Iran and Russia / Commodities / Crude Oil

By: DK_Matai

Forget the plunge to $80 a barrel, there are new predictions emerging that oil could fall further to between $60 and $40 per barrel by this autumn.  Why? There are many factors at work and Saudi Arabia is one of them.  Saudi oil minister Ali al-Naimi has made no secret of his desire to curb high oil prices in order to provide a "stimulus" for the stalling global economies.  If the price of oil continues to fall that is obviously great news for motorists around the world but this is not so good for Russia and Iran because their budget trajectories don't balance below $100+ a barrel.  Countering the threat from those two countries is very important to the Kingdom of Saudi Arabia because:

Saturday, June 23, 2012

Blythe Master's Next Move - Silver Leads Again / Commodities / Gold and Silver 2012

By: Marshall_Swing

We have seen hundreds of articles in the last couple of weeks that the bottom is in for the PMs and they are about to go upward and onward...

Not so, I have been telling everyone for months that prices are headed down, down, down. But down is a very good thing for us who are in the physical scene because we can add far more ounces to our stash for the same fiat money number we have sitting on the sidelines.

Saturday, June 23, 2012

Gold Price Imminent Breakdown / Commodities / Gold and Silver 2012

By: Brian_Bloom

Below is a weekly chart of the gold price – courtesy stockcharts.com. This chart is reaching for a significant decision and the portents are bearish:

• Last week, the gold price failed to penetrate above the downward pointing resistance trend line notwithstanding all the chaos in Europe.
• The Fibonacci resistance level also held
• The gold price is now sitting on the first support line of the descending right-angled triangle
• The MACD histograms deteriorated. Further deterioration will cause downside penetration of that first support line

Saturday, June 23, 2012

Why Stocks Outperformed All Other Gold Investments / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Ian Gordon of Longwave Analytics and Longwave Strategies believes we're on the precipice of very difficult and frightening times and predicts complete financial collapse. But it's in those periods of darkness that gold really shines. Gordon, who recently published a special edition of his Investment Insights entitled "The Gold Rush of the 1930s Will Rise Again," believes that companies with gold in the ground now will be the ones to prosper. In this exclusive Gold Report interview, Gordon discusses where he thinks the Dow will bottom and what companies will come out on top.

Saturday, June 23, 2012

Gold Investors Gaining from Economic Exposés and Realities / Commodities / Gold and Silver 2012

By: DeepCaster_LLC

“The U.S. economy looks weaker than it did when the Fed last met in April. Growth was more sluggish in the first three months of the year than first estimated.

“Job growth averaged only 73,000 in April and May, after average gains of 226,000 per month in the first three months of the year.

“The number of people seeking unemployment benefits has risen about 5 percent in the past six weeks, and employers posted sharply fewer jobs openings in April compared to the previous month.

Friday, June 22, 2012

Gold Stock Valuations / Commodities / Gold & Silver Stocks

By: Zeal_LLC

Gold stocks languish in a sentiment wasteland these days, left for dead by everyone but a small contrarian remnant.  So naturally bears abound, their arguments dominated by the idea that gold miners’ costs are so high that they can’t make money anymore.  Provocatively though, this notion is totally wrong.  As gold-stock valuations reveal, gold miners are earning profits hand-over-fist at today’s gold levels.

Friday, June 22, 2012

Is Gold About to Rally? USD Index and Crude Oil Prices Suggest Otherwise / Commodities / Gold and Silver 2012

By: Przemyslaw_Radomski

Congratulations. Let’s all take a collective deep sigh of relief. Instead of a new crisis, we're just going to keep having the same old one.

Greeks voted to stay in the European Union with a narrow victory for the center-right New Democracy party. A global crisis has been averted—for now. But as we take a deep sigh of relief let’s keep in mind that the euro is already on a slippery slope to oblivion.
 

Friday, June 22, 2012

Surprise Strength in Gold / Commodities / Gold and Silver 2012

By: Adrian_Ash

Given the challenges it faces, gold so far in 2012 has in fact proven strong...

"Gold Price Plummets" is the obvious headline right now. But fact is, the gold price has in truth been surprisingly strong so far this year.

Friday, June 22, 2012

Six Percent Interest Rate Can Draw Gold from the Moon / Commodities / Gold and Silver 2012

By: Richard_Mills

At the start of golden ages golden stories should be told

Following many years of net annual sales in the 400 to 500 tonne range, central banks, underweighted in gold and overweight in dollars and euro's, became net buyers of gold in 2009 - in 2002 central banks sold 545 tonnes of gold, in 2011 they bought 440 tonnes.

Friday, June 22, 2012

Mobilization of Gold / Commodities / Gold and Silver 2012

By: Julian_DW_Phillips

Contributions to the I.M.F. Come with Conditions

While the B.R.I.C.S nations are contributing to the I.M.F.'s funding with the purpose of shoring up the global financial system, they've stipulated that they want more power in the I.M.F. China is contributing $43 billion, so as it races to become the world's leading economic and financial nation it wants a bigger part of the decision making process, commensurate with its rising power. So the first question to be asked is, "Will it get it?"

Friday, June 22, 2012

How Does Gold Fare During Hyperinflationary Periods? / Commodities / Gold and Silver 2012

By: Jeff_Clark

Jeff Clark, Casey Research writes: Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we'd like to know if the precious metals would keep pace in this extreme scenario.

Hyperinflation is an extremely rapid period of inflation, but when does inflation (which can be manageable) cross the line and become out-of-control hyperinflation? Philip Cagan, one of the very first researchers of this phenomenon, defines hyperinflation as "an inflation rate of 50% or more in a single month," something largely inconceivable to the average investor.

Friday, June 22, 2012

Silver Price Could Crash to $18 on Liquidation / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE MARKET gold prices traded as low as $1560 an ounce Friday morning, before recovering some ground by lunchtime in London, while European stock markets were also down and commodities were broadly flat.

Silver prices meantime sank to a 2012 low at $26.64 an ounce – a 7.2% drop on last week's close.
"We believe a break of $26.00 has the ability to trigger liquidation of silver with it looking for $18.00," says the latest technical analysis note from bullion bank Scotia Mocatta.

Friday, June 22, 2012

Central Bank Gold Manipulation “Steady As Ever” - Avoid “Paper Gold” / Commodities / Gold and Silver 2012

By: GoldCore

Today's AM fix was USD 1,571.50, EUR 1,251.79, and GBP 1,005.70 per ounce.
Yesterday’s AM fix was USD 1,600.00, EUR 1,261.43, and GBP 1,017.17 per ounce.

Silver is trading at $26.95/oz, €21.57/oz and £17.36/oz. Platinum is trading at $1,438.50/oz, palladium at $603.60/oz and rhodium at $1,215/oz.