Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, June 23, 2012
Blythe Master's Next Move - Silver Leads Again / Commodities / Gold and Silver 2012
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.
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Saturday, June 23, 2012
Gold Price Imminent Breakdown / Commodities / Gold and Silver 2012
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
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.
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Saturday, June 23, 2012
Gold Investors Gaining from Economic Exposés and Realities / Commodities / Gold and Silver 2012
“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.
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Friday, June 22, 2012
Gold Stock Valuations / Commodities / Gold & Silver Stocks
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.
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Friday, June 22, 2012
Is Gold About to Rally? USD Index and Crude Oil Prices Suggest Otherwise / Commodities / Gold and Silver 2012
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
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.
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Friday, June 22, 2012
Six Percent Interest Rate Can Draw Gold from the Moon / Commodities / Gold and Silver 2012
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.
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Friday, June 22, 2012
Mobilization of Gold / Commodities / Gold and Silver 2012
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?"
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Friday, June 22, 2012
How Does Gold Fare During Hyperinflationary Periods? / Commodities / Gold and Silver 2012
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.
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Friday, June 22, 2012
Silver Price Could Crash to $18 on Liquidation / Commodities / Gold and Silver 2012
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
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.
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Friday, June 22, 2012
Gold Summer Lows At Hand? / Commodities / Gold and Silver 2012
In a key turnaround, gold bounced up from its December lows this month on fresh safe haven buying as QE3 possibilities came back to the table.
The psychological $1600 level was quickly surpassed. This is essentially the level that will determine if 2012 ends up being the 12th consecutive up year for gold.
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Thursday, June 21, 2012
Is Natural Gas the Next Big Thing? / Commodities / Natural Gas
Natural gas rallied 40% in the last two months. Is the cleaner alternative to crude oil braced for another big move to the upside?
EWI's Senior Analyst Jeffrey Kennedy joins Yahoo! Finance Breakout host Jeff Macke to offer his take on what's in store for the market that has plagued long-term investors since falling over 80% from its 2005 highs. Kennedy takes viewers through the technicals and offers his long- and short-term forecasts for the market.
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Thursday, June 21, 2012
Gold, Crude Oil And The CRB Index Approaching Final Bottom / Commodities / Commodities Trading
June has been the month of major bottoms. Stocks and gold have already formed major yearly cycle lows. Now it's the CRB's turn to put in a major three year cycle bottom. This bottom will almost certainly form well above the 2009 low, establishing a pattern of higher lows and setting up for what I believe will be an extreme inflationary scenario over the next two years, culminating in a parabolic spike much higher than the one in 2008.
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Thursday, June 21, 2012
Gold Still At Risk of a Large Down Move Before Rallying / Commodities / Gold and Silver 2012
Gold has been busy consolidating in what I believe will be a 13 Fibonacci month Primary wave 4 correction. The Gold bull market I’ve been following since 2001 is a likely 13 year bull cycle that will end in 2013 or 2014 depending on how you count. This current correction pattern is working off a 34 Fibonacci month rally that took Gold from 681 to 1923 at its ultimate highs. Last fall I warned about the parabolic run likely ending in the 1908 ranges and for investors to position themselves accordingly.
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Thursday, June 21, 2012
Gold Hits Post-Fed Low, But Supported by Central Bank Buying Supports / Commodities / Gold and Silver 2012
The WHOLESALE MARKET gold price fell further Thursday in London, falling hard to 8-session lows at $1587 per ounce following last night's "no change" decision from the Federal Reserve on new US quantitative easing.
Major-government bond prices pushed higher, but the Euro currency retreated, down nearly 1¢ from its post-Fed high to trade back down at $1.2650.
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Thursday, June 21, 2012
Gold and Silver Price On the Verge of a Huge Move! / Commodities / Gold and Silver 2012
Gold and silver have taken more of a back seat over the past 12 months because of their lack of performance after topping out in 2011. Since then prices have been trading sideways/lower with declining volume. The price action is actually very bullish from a technical standpoint. My chart analysis and forward looking forecasts show $3,000ish for gold and $90ish for silver in the next 18-24 months.
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Thursday, June 21, 2012
Gold: The Next Global Reserve Currency / Commodities / Gold and Silver 2012
Gold is on a path to become the next global reserve currency.
A macroscopic perspective of our global economy suggests the world’s financial crisis was caused by an inordinate accumulation of debt relative to GDP.
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Thursday, June 21, 2012
Gold Becomes a Tier 1 Asset Class for Banks / Commodities / Gold and Silver 2012
Misdirection by MSM as Gold Moves Towards The Banking System
Despite what the Main Stream Media (MSM) or “Financial Pundits” tell you, the gold bull market is far from over. In fact, it is just starting, in our opinion. While the misdirected financial world tell you that gold is in a bubble and it has burst, the central bankers and government organizations all know it is far from over. In fact, gold is moving towards the banking system and not away from it. We all know that many central banks are now net buyers of gold and their holdings are increasing as their need to diversify away from risky assets and foreign bonds only grows.
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