Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Saturday, June 02, 2012

Short squeeze in Gold GLD ETF / Commodities / Gold and Silver 2012

By: Anthony_Cherniawski

GLD has been keeping us on edge Friday. A normal wave relationship is where wave [5] = wave [1] at 160.28, or some Fibonacci value of wave [1]. Wave [5] has already made a 61.8% relationship and appears finished as I write.

Saturday, June 02, 2012

The Most Important Gold Market Event Since 1999 / Commodities / Gold and Silver 2012

By: Michael_J_Kosares

Consider this from a recent World Gold Council (WGC )report:

"Central banks continued to buy gold; net purchases recorded during the [first quarter, 2012] amounted to 80.8 tonnes, accounting for around 7% of global gold demand. Central banks from a diverse group of countries added to the overall holdings of the official sector, with a number of banks making sizable purchases. Diversification requirements and growth in foreign exchange reserves of a number of countries point towards a continuation of this trend."

Friday, June 01, 2012

Glimpse into the Future, A Ripple Effect Creates A Trickle Down Investment / Commodities / Resources Investing

By: Richard_Mills

When looking for a dominant investment theme the approach I take involves looking at global or big picture conditions. I study trends, read the news, basically watch and listen to what's going on in the world. What I'm looking for is a trend so powerful, so dominant, it's going to be my guide to where I invest - I focus on the factors that I think will drive headlines going forward.

Friday, June 01, 2012

Gold and Silver And Miners Beginning to Outperform General Markets / Commodities / Gold and Silver 2012

By: Jeb_Handwerger

Recently, the gold (GDX) and silver (SIL) miners have been outperforming the S&P 500, indicating that we may be seeing the rotation from overvalued equities into the undervalued miners. This is occurring on large volume, indicating major investors are beginning to enter the deeply undervalued sector. The gold miners appear to be reversing on high volume, indicating that we are seeing major accumulation at these price levels. A few bullish, high volume reversal days within a couple of weeks indicates that we could be very close or at the bottom of this consolidation.

Friday, June 01, 2012

Gold GLD ETF Surges, But No Breakout / Commodities / Gold and Silver 2012

By: Anthony_Cherniawski

GLD surged nearly to its former Head & Shoulders neckline and 50-day moving average at 157.76. Normally I would have taken some of our position off the table if GLD had closed above short-term trend support/resistance at 152.61. This case, however, was out of the blue. I think that since Goldman was selling TLT, it decided to try GLD as the new “safe haven.”

Friday, June 01, 2012

Global Gold Mining Stock Trends / Commodities / Gold and Silver 2012

By: Zeal_LLC

It wasn’t long ago that global gold-mine production had fallen to alarming lows.  In 2008 this bellwether supply source was on the heels of a 5-year 13% decline, offering the markets its lowest output in 12 years.  And this precipitous plunge had left folks scratching their heads considering gold demand was on the rise and its price was entrenched in a powerful secular bull.

Friday, June 01, 2012

Gold Price Jump Wipes Out Week's Loss After Disappointing U.S. Nonfarms Report / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE MARKET prices to Buy Gold jumped to $1589 per ounce on Friday, immediately after the release of worse-than-expected US nonfarm jobs data.

The US economy added 69,000 nonagricultural private sector jobs in May, according to official data published Friday, compared with analysts' forecasts for 150,000.

Friday, June 01, 2012

U.S. the Saudi Arabia of Natural Gas, Following T. Boone Pickens into the Energy Patch / Commodities / Natural Gas

By: Money_Morning

G.S. Early writes: An iconic Southwestern energy patch player, T. Boone Pickens has built a legacy over the decades that proves the old Texas saying: "It's not the size of the dog in the fight, but the size of the fight in the dog."

In the wild days of the 1980s, made famous by a generation of traders who emulated the likes of Gordon Gekko, few could ever match the Pickens eye for the big deal.

Friday, June 01, 2012

Gold Rises In EUR and CHF in May and Outperforms Stocks Which Fell Sharply / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,552.50, EUR 1,259.53, and GBP 1,015.37 per ounce. Yesterday's AM fix was USD 1,567.50, EUR 1,262.08, and GBP 1,010.51 per ounce.

Silver is trading at $27.45/oz, €22.36/oz and £17.99/oz. Platinum is trading at $1,398.00/oz, palladium at $598.10/oz and rhodium at $1,200/oz.

Friday, June 01, 2012

Biggest Value for Agricultural Stock Investors Revealed / Commodities / Agricultural Commodities

By: The_Energy_Report

Steve Hansen of Raymond James sees the potash market as a barbell, with a handful of large incumbent producers on one end and dozens of junior miners clustered at the other. In this exclusive interview with The Energy Report, Hansen discusses which juniors may migrate to the mid-cap arena and why current share price weakness does not dampen Raymond James' bullish sentiment on the sector, from Canada to Ethiopia.

The Energy Report: Potash prices and production collapsed in 2008. Why is Raymond James still bullish on potash?

Thursday, May 31, 2012

Has Gold Price Hit Bottom, and What Will Drive it to $10,000? / Commodities / Gold and Silver 2012

By: Nick_Barisheff

The macro-economic conditions that have supported gold's bull run over the past decade have not changed; in fact, they've become progressively worse. This is the calm before the storm, and last week's intra-day low of US$1,535 an ounce may well have been a bottom.

Thursday, May 31, 2012

Myths and Realities of Returning to a Gold Standard / Commodities / Gold and Silver 2012

By: Terry_Coxon

Terry Coxon, Casey Research writes: The gold standard, under which any holder of paper dollars could redeem them for gold at the US Treasury, is now within the living memory of just a few million Americans, nearly all of whom would be dangerous behind the wheel. But thanks to the money printing and the federal deficits that have grown to astounding scales since 2008, and thanks also to the clashing pronouncements of Ron Paul and Ben Bernanke, the idea of a gold standard has resurfaced in the public's consciousness.

Thursday, May 31, 2012

Financial Markets 'May Be Right' in their Current Gold Mining Share Pricing / Commodities / Gold & Silver Stocks

By: Ian_R_Campbell

Why Read: Because almost every day now there is Media and Internet commentary on the current prices at which gold mining stocks are trading:

• some of which is excellent:

• some of which isn't so excellent;

• a lot of which simplistic; and,

• some of which seems to be written from 'vested interest perspectives'.

Thursday, May 31, 2012

The Pending Rush to Buy Gold and Silver / Commodities / Gold and Silver 2012

By: Adrian_Ash

Too Many Cars, Too Few Spaces

Government debt is so good for you, even the second- or third-best will do in this rush...

"ONCE PEOPLE decide that German and US bonds are not such a great store of value," said one BullionVault user I spoke to last week, "the rush to find parking spots in a very small car-park will be on."

Thursday, May 31, 2012

Euro Going To Zero! / Commodities / Agricultural Commodities

By: Ned_W_Schmidt

We listened to confirmation this week that the Euro will indeed go to zero should Greece exit the Euro zone. That information was obtained from watching an exclusive cable news interview of Chicken Little by well-known anchor Henny Penny. Chicken Little, a former money manager that appears regularly on cable business programs, said that word on the matter came to him from reliable experts on the Street. These comments were valuable as no one else could find a reliable forecaster on the Street.

Thursday, May 31, 2012

Gold and Silver Finally Decouple from Euro, Stocks and other Commodities / Commodities / Gold and Silver 2012

By: Adrian_Ash

WHOLESALE BULLION gold prices rose Thursday lunchtime in London, extending yesterday's sharp jump and cutting this week's 2.5% drop by more than two thirds even as the Euro currency again slipped through $1.24 for the second day running.

Trading near $1564 per ounce, however, Dollar gold prices headed towards their fourth monthly drop in succession, losing some 5.3% in May.

Thursday, May 31, 2012

Patience Pays with Gold and Silver / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

There seems to be no shortage of turmoil in the markets. The European debt crisis continues to remain in focus, while a multi-billion dollar loss by America’s largest bank does little to restore confidence in the financial system. Even Facebook, the most highly anticipated initial public offering in years, has failed to spark interest in equity markets. In the current situation, one might expect precious metals to perform well as investors seek safety, but the complete opposite has been true.

Thursday, May 31, 2012

Troubled Times for World Oil / Commodities / Crude Oil

By: Andrew_McKillop

Major energy monitoring entities, including the US EIA and the OECD group's energy watchdog the IEA are forced to report that for the developed nation OECD group, and increasingly even for energy outlooks in Emerging economy giants China and India, energy demand is stagnant or falling. For the G20 group, including the largest Emerging economies, demand forecasts are presently set at growth for all types of energy being at most 2% in 2012. For oil, taking account of continuing shrinkage, or at best fractional growth of OECD demand and constantly revised-down demand growth in China and India, the year forecast is now well below 1% growth for global demand and can easily go lower.

Thursday, May 31, 2012

Gold Price Surgers Higher, Safe Haven "Tipping Point"? / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD, EUR, and GBP per ounce.
Yesterday's AM fix was USD 1,548.75, EUR 1,244.98, and GBP 995.41 per ounce.

Gold rose 0.38% or $6.00 in New York yesterday and closed at $1,564.80/oz. However the 0.38% gain does not convey the positive price action. This saw gold fall initially in unison with risk assets such as equities and commodities - including oil.

Thursday, May 31, 2012

Gold Mining Stocks: Now is the Time to Buy / Commodities / Gold & Silver Stocks

By: Money_Morning

Don Miller writes: There are lots of reasons you should own some gold. Despite taking a recent breather, gold prices are still up by 139% in the last five years.

Even so, shares of gold mining stocks have suffered lately, hurt mainly by higher energy and exploration costs.