Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Saturday, May 19, 2012

Gold Stock Capitulation / Commodities / Gold & Silver Stocks

By: Zeal_LLC

Gold stocks have been pummeled mercilessly this month, their price action looking almost apocalyptic.  The psychological stress spawned by such extreme weakness is intense, breaking the wills of this sector’s few remaining bulls.  This week their selling cascaded into a full-blown capitulation, a mass surrender by weary investors.  While exceedingly miserable, these events flag major long-term bottoms.

Friday, May 18, 2012

This is the Gold Price Bottom / Commodities / Gold and Silver 2012

By: Casey_Research

In an interview with Louis James, John Hathaway discusses the US's economic outlook and why he's delighted by the current bearish sentiment toward gold.

Louis James: Ladies and gentleman, thanks for tuning in. We're at the Casey Research Recovery Reality Check Summit. We're talking with John Hathaway, one of the more successful fund investors – institutional investors – in our precious metals field near and dear to my heart. John, can you give us a quick version of what you talked about here, for those who didn't make it to the conference?

Friday, May 18, 2012

Whales in the Gold Market / Commodities / Gold and Silver 2012

By: William_Bancroft

Last April gold investment analysts where excited to see a new institutional player enter the gold market. The University of Texas Investment Management Co. took delivery of nearly $1bn of gold bullion into a New York vault. The reason gold analysts were so interested was because large institutional players had been largely absent from their market and their huge purchasing power had therefore not had its potentially significant positive effect on the gold price.

Friday, May 18, 2012

Gold Bulls Counterattack Sets Up Gold for Weekly Gain / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE MARKET gold prices climbed as high as $1594 an ounce during Monday morning's London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing negative ratings decisions.

A day earlier, Dollar prices to buy gold jumped 2% in two hours during Thursday's US trading.

Friday, May 18, 2012

Gold and Commodities Forming Major Long-Term Bottoms / Commodities / Commodities Trading

By: Toby_Connor

Once every year gold and stocks form a major yearly cycle low. Commodities form a major cycle bottom every 2 1/2 to 3 years. Every once in a while all three of these major cycles hit at the same time. I'm pretty sure that's what is happening right now.

Friday, May 18, 2012

Bloomberg Interview GoldCore on Chinese and Global Gold Demand / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,588.00, EUR 1,251.08, and GBP 1,005.13 per ounce. Yesterday's AM fix was USD 1,547.00, EUR 1,217.44and GBP 974.00 per ounce.

Silver is trading at $28.53/oz, €22.55/oz and £18.12/oz. Platinum is trading at $1,465.00/oz, palladium at $603.80/oz and rhodium at $1,300/oz.

Friday, May 18, 2012

Silver Dramatic Turnaround? / Commodities / Gold and Silver 2012

By: Hubert_Moolman

Here are a few patterns that might explain the current state of the silver price, as well as, provide the possible way forward.

Below is a 6-year chart of silver (all charts generated at fxstreet.com):

Friday, May 18, 2012

Forget Peak Oil, Time To Worry About Peak Oil Labor / Commodities / Crude Oil

By: EconMatters

In a recent working paper, researchers at the the IMF (International Monetary Fund) attempt to reconcile the Peak Oil debate that whether resource constraints will dictate the future of oil output and prices, or advance in technology motivated by high oil price would eventually provide a solution to more production, as well as higher oil prices.

Thursday, May 17, 2012

Gold and Silver Market Manipulation? / Commodities / Gold and Silver 2012

By: Casey_Research

Doug Casey, Casey Research writes: For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness. This is not an unreasonable assertion. After all, the last thing the monetary powers-that-be want is to see is the price of gold skyrocketing. That would serve as an alarm bell, possibly panicking people all over the world, telling them to get out of the dollar. It's assumed, by those who believe in the theory, that the US Treasury is behind the suppression scheme, in complicity with a half-dozen or so large bullion banks that regularly trade in the metals.

Thursday, May 17, 2012

Cycle Low Approaching for Gold / Commodities / Gold and Silver 2012

By: Mike_Paulenoff

Looking at the big picture for spot gold, we see that the next cycle low is due in about 4 weeks. In other words, the current cycle that started at the end of December is about 85% complete.

That means that the strength off of yesterday's low at $1526.98 not only represented a deep retest of the December 29 low at $1522.48, it likely also satisfies the first coordinate in the next cycle bottoming period ahead of a new up-leg in the larger over-riding bull market in gold.

Thursday, May 17, 2012

Jump in Gold as France Refutes EU Pact / Commodities / Gold and Silver 2012

By: Adrian_Ash

THE WHOLESALE MARKET gold price jumped at the start of New York trade on Thursday, cutting the week's previous 3.3% dive to 5-month lows in half as the Euro fell and Eurozone stock markets slumped once again.

The gold price touched $1558 per ounce before easing $3 lower. Silver did not follow, failing to break this morning's earlier Dollar high at $27.86 per ounce.

Thursday, May 17, 2012

What are Hedge Funds Doing With Gold? / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

At the end of 2011, gold prices finished almost 20 percent below their all-time nominal highs made in September. European concerns and liquidation actions sent investors running towards the U.S. dollar for safety. Sound familiar? While many believed the decade long bull market in precious metals came to an end, several well-known hedge funds saw the pullback as a buying opportunity.

Thursday, May 17, 2012

Gold, I Forget What You Did Last Summer / Commodities / Gold and Silver 2012

By: Adrian_Ash

Gold just gave back the last of its big surge from summer 2011's big crisis...

SO THE PRICE of gold keeps falling, and it keeps falling despite the imminent failure of Greece's Euro membership, the looming collapse of Europe's banking system, and the fast-looming debt-ceiling repeat and fiscal cliff in the US.

Wednesday, May 16, 2012

Greece, Please Go Bankrupt, As Soon As Possible! / Commodities / Agricultural Commodities

By: Ned_W_Schmidt

We have a request for the politicians in Greece. Please go bankrupt, as soon as possible! Let us have the pain done with. To the Euro zone: Throw them out. The world needs a good example of just how bad Keynesian induced poverty can be. The Western economies would probably be better off with the citizens of Greece living in absolute poverty as a clear example of how not to do it. Keynesian socialists will not save the pensions of the Greeks. They will insure that they end. Get it over with, so investors can move on to more important matters.

Wednesday, May 16, 2012

What Will Happen to Greece and Gold? / Commodities / Gold and Silver 2012

By: Julian_DW_Phillips

What Greek Elections Now Mean

Greece cannot form a government so expect elections within a month. We have come to the point where the bad news is out -the markets are telling us that Greece will likely leave the Eurozone and possibly the euro as their 10-year debt continues to trade at 27%. They may not pay out €436 million to creditors and keep it, fearing they will not get the next bailout tranche. Reneging on the obligation also would constitute a default triggering derivatives contracts and clauses requiring the settlement of other un-swapped bonds. Meantime the country has no government to make the choice. The country may run out of money by early July. The standoff has reignited concern that Greece will renege on pledges to cut spending as required by the terms of its two bailouts negotiated since May 2010

Wednesday, May 16, 2012

Natural Gas Bear Market Will End But Not All Players Will Survive / Commodities / Natural Gas

By: Roger_Conrad

North American natural gas currently sells for half its five-year average price on the near-term New York Mercantile Exchange futures contract.

And that’s after a rally the past two weeks from a low point of just USD1.90 per million British thermal units, reached Apr. 19.

Wednesday, May 16, 2012

Liquidation of "Crowded" Gold Trade Pauses But "Clean-Out of Weak Hands Necessary" / Commodities / Gold and Silver 2012

By: Adrian_Ash

BENCHMARK prices to buy gold for London settlement rallied more than $10 an ounce off new five-month lows beneath $1528 on Wednesday morning, bouncing as the Euro, world stock markets and commodity prices also paused this month's sharp liquidation.

Spanish and Italian bond yields also eased back but remaind over 6% after Spain's prime minister Mariano Rajoy told the parliament in Madrid there is "a serious risk that the markets won't lend to us or lend only at astronomical prices."

Wednesday, May 16, 2012

Buy Britain’s Gold Back / Commodities / Gold and Silver 2012

By: Jan_Skoyles

Great Britain was once the proud leader of the Classical Gold Standard. A global commercial and economic power, she operated on the gold standard from 1717.

The Standard allowed the free movement of capital which in turn financed and expanded trade. Twenty per-cent of the growth in global trade seen between 1880 and 1910 can be attributed to the stability of the gold standard.

Wednesday, May 16, 2012

Brent-NYMEX Crude Oil Spread Widening / Commodities / Crude Oil

By: Mike_Paulenoff

During the month of May so far, Brent crude oil futures have declined from $128.40 to $110.93 (-$17.47), or nearly 14%, while NYMEX Oil has declined from $106.49 to $93.65 (-$12.84), or about 22%. This has resulted in a widening of the Brent-NYMEX differential from $13 to nearly $18.

Judging from both the recent up-leg pattern of the differential and the powerful position of its near-vertical momentum gauge, the Brent (British North Sea oil)-NYMEX (U.S. oil) spread should continue to widen towards a retest of its year-long resistance line, now at $19.95.

Wednesday, May 16, 2012

Silver and Gold Daily Bulletin/COT Review for period 4-26 to 5/8/2012 / Commodities / Gold and Silver 2012

By: Marshall_Swing

I must first apologize to my readers for this report being so late this week as the JP Morgan debacle has garnered my full attention.

Silver plummeted $-1.471 this past reporting period and gold drove $57.90 into the ground but do you know how they got there?