Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, April 26, 2012
Sterling Gold Hits Four-Month Low / Commodities / Gold and Silver 2012
SPOT MARKET prices for gold bullion traded steady Thursday morning, around $1650 an ounce during London's morning session – slightly higher than where they started the week.
"[Gold] trend line support is seen at $1627 on the weekly chart," says the latest technical analysis from Scotia Mocatta.
"A close below this level on Friday will bring in liquidation selling of stale long gold positions."
Read full article... Read full article...
Thursday, April 26, 2012
Gold “Bargain of Lifetime” As Gold Standard Inevitable, $10,000/oz Looms / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,648.25, EUR 1,246.22, and GBP 1,017.88 per ounce. Yesterday's AM fix was USD 1,641.25, EUR 1,241.49 and GBP 1,019.54 per ounce.
Silver is trading at $30.85/oz, €23.45/oz and £19.14/oz. Platinum is trading at $1,563.00/oz, palladium at $658.75/oz and rhodium at $1,350/oz.
Read full article... Read full article...
Thursday, April 26, 2012
Gold Mining Stocks Will Catch Up to Higher Gold Price / Commodities / Gold & Silver Stocks
Ongoing inflation pressures and China's investments in the African gold supply chain point to a higher gold price according to Matt Badiali of Stansberry & Associates. Bullion in all its forms belongs in every portfolio and when it comes to equities, investors have their choice of business models—dividend payers, prospect generators and royalty companies. In this exclusive Gold Reportinterview, Badiali outlines companies whose equities should catch up to the higher gold price.
The Gold Report: Matt, in the February 2012 edition of Stansberry's Investment Advisory, Porter Stansberry predicted gold would hit $9,600 an ounce (oz) someday. How should investors protect themselves from this coming crisis?
Read full article... Read full article...
Thursday, April 26, 2012
Is The Multi-Month Consolidation In Gold, Silver and Mining Stocks Ending? / Commodities / Gold and Silver 2012
We are encountering storms in the market rarely seen. The volatility has affected many mining equities with many high quality assets selling at record low prices. Portfolios have rarely seen such see saw price activity as they have this year. Sacrosanct rules are simply not working. The markets are thwarting and aborting attempts to use time tested approaches.Read full article... Read full article...
Wednesday, April 25, 2012
Deflation Possible, This isn’t 2008! / Commodities / Deflation
There has been so much talk lately about the coming high inflation due to excessive printing of fiat currency, that I think it’s necessary to explore the topic. There is no doubt that the US, Europe, Japan and now China are all creating fiat currency at a rate never before in modern history. We also have had the lessons of excessive printing during Germany’s Weimar Republic drilled into our heads since the crib. Therefore we naturally assume that excessive printing in today’s world will produce the same result. When it comes to the US it is worth remembering that there are significant differences. In the first place the US dollar has been the world’s reserve currency for seven decades, and in the second place the excessive printing is nothing new in the United States.
Read full article... Read full article...
Wednesday, April 25, 2012
UK Government: Natural Gas Fracking Causes Earthquakes, but It's Worth the Risk / Commodities / Natural Gas
The process of hydraulic fracturing is a mining technique which uses injected fluid to propagate fractures in a rock layer to release hydrocarbon deposits that would otherwise be uncommercial. Developed in the U.S. and first used in 1947 for stimulating of oil and natural gas wells, the use of "fracking" soared in the past decade as thousands of wells have been drilled into the Marcellus Formation, also referred to as the Marcellus Shale, a deposit of marine sedimentary rock found in eastern North America.Read full article... Read full article...
Wednesday, April 25, 2012
Gold and Silver Flat as Traders Await Hints of QE from Fed / Commodities / Gold and Silver 2012
WHOLESALE MARKET gold prices reversed a short dip Wednesday lunchtime in London to trade absolutely flat on the day and unchanged from the end of last week ahead of the US Fed's monetary policy statement.
Silver bullion prices held beneath $31 per ounce, and the Euro was also unchanged after a brief rally above $1.32.
Read full article... Read full article...
Wednesday, April 25, 2012
Gold's B-Wave Bottom / Commodities / Gold and Silver 2012
Over the last several days volatility in the gold market has collapsed forming what is known as a coil.
Read full article... Read full article...
Wednesday, April 25, 2012
Gold Stocks Where Is The Bottom? / Commodities / Gold & Silver Stocks
Gold and silver mining stocks have sold off by roughly 30% from their 52-week highs based on the PHLX Gold/Silver Sector Index (XAU) and by roughly 32% based on the Amex Gold Bugs Index (HUI). In comparison, gold is down approximately 14% from its nominal all time high in 2011 while silver is down approximately 37%.
Read full article... Read full article...
Wednesday, April 25, 2012
Gold and Silver Manipulation - Small Silver Speculators Trounced / Commodities / Gold and Silver 2012
It looks like the small silver speculators were trounced in the action beginning about midnight Sunday through 9:00AM Monday.
You might remember them from last week’s Commitment of Traders report. Full COT report here
Read full article... Read full article...
Wednesday, April 25, 2012
Get Natural Gas 'for Free' After Massive Selloffs / Commodities / Natural Gas
Stansberry & Associates Investment Research Founder Porter Stansberry envisions a future that is anything but rosy, but savvy investors may find solace and security against the crippling inflation he expects. In this exclusive interview with The Energy Report, the popular publisher talks about opportunities in the beaten-down natural gas industry, where investors with good timing have the opportunity to get natural gas "for free" following massive selloffs. He also discusses some niche energy plays that offer great ways to book profits in a market that has many analysts scratching their heads.
Read full article... Read full article...
Wednesday, April 25, 2012
Return to the Gold Standard, or Gold Backed Currencies / Commodities / Gold and Silver 2012
Present Use of Gold in International Financial Dealings B.I.S. Gold / Swaps
In 2011, according to the B.I.S.'s annual report, Central banks have pulled 635 tonnes of gold from the Bank for International Settlements in the past year, the largest withdrawal in more than a decade. The move, disclosed in the BIS annual report, marks a sharp reversal from last year when central banks added similar amounts to deposits of gold at the so-called "Bank for Central Banks". Why? First let's look at what Swaps are.
Read full article... Read full article...
Tuesday, April 24, 2012
Dutch Debt "On Edge of Downgrade", Central Banks Add to Gold Reserves / Commodities / Gold and Silver 2012
SPOT MARKET gold prices climbed to $1643 an ounce Tuesday lunchtime in London – a 1.2% gain from yesterday's low, but still below Friday's close – as Eurozone concerns focused on the Netherlands after yesterday's government collapse.
Based on the PM London gold fix, gold prices remain 3% below their 200-day moving average.
Read full article... Read full article...
Tuesday, April 24, 2012
Russia and Mexico Both Buy Nearly $1 Billion Worth of Gold in March / Commodities / Gold and Silver 2012
Gold’s London AM fix this morning was USD 1,638.75, EUR 1,244.68, and GBP 1,014.83 per ounce. Yesterday's AM fix was USD 1,632.00, EUR 1,240.97 and GBP 1,014.42 per ounce.
Silver is trading at $30.85/oz, €23.43/oz and £19.10/oz. Platinum is trading at $1,550.00/oz, palladium at $671.25/oz and rhodium at $1,350/oz.
Read full article... Read full article...
Tuesday, April 24, 2012
The Silver Reverse Bubble of 2012 / Commodities / Gold and Silver 2012
In late 2008, when silver was massacred in the futures pit and saw its price fall from over $20 to under $10, I told my readers at that time that silver entered into a “reverse bubble”. I know it sounds odd, but let me re-visit the concept.
As you know by now, a “bubble” is when an asset reaches an unsustainably high level due to artificially stimulated demand. In 2004, I wrote that housing was entering a historic bubble because government policies such as excessively (artificially) cheap credit inflated the price of real estate to nose-bleed levels. The real estate mania was everywhere in 2004-2006 as buyers were going berserk.
Read full article... Read full article...
Tuesday, April 24, 2012
Indicators Predict Gold Trend to Continue High / Commodities / Gold and Silver 2012
Many forces influence the gold markets today, sometimes producing confusing indicators of what may lie ahead. In this exclusive interview with The Gold Report, John LaForge, commodity strategist at Ned Davis Research Inc., talks about the numerous and sometimes not-so-obvious factors that he considers in his research and how they influence the gold markets and, ultimately, mining shares. As long as there is no significant improvement in the world monetary situation and real interest rates don't rise dramatically, he believes the gold price trend remains positive and gold stocks should shine brighter.
Read full article... Read full article...
Tuesday, April 24, 2012
Navigating Gold Stocks During the Weakest Quarter / Commodities / Gold & Silver Stocks
Barry Allan, vice chairman of Mackie Research Capital Corp.'s mining group, is guarded about gold equities from March to May, statistically the weakest period. However, Allan remains bullish on gold stocks through the end of the year and has Buy recommendations on more than 70% of his coverage universe. In this exclusive interview with The Gold Report, Allan points to where he's finding value during this period of seasonal weakness.
Read full article... Read full article...
Monday, April 23, 2012
Why I'm Excited About This Gold Market / Commodities / Gold and Silver 2012
Rick Rule writes: After a reasonably long period of sustained and occasionally dramatic escalations, commodity markets in general, and precious metals markets in particular, have declined. This is normal and healthy behavior, even if it is uncomfortable for some market participants. Readers with a long memory will remember the 1970s gold bull market, where the gold price advanced from $35 to $850 per ounce – though in 1975, in the middle of that epic bull market, the gold price declined by 50%. While a 50% decline is a near-religious event for many market participants, particularly those on margin, it is instructive to note that at the bottom of the retrenchment the gold price was up threefold from its $35 low, and that gold went on to increase eightfold in price after the bull market resumed. It is thus important to recognize that cyclical retrenchments are a normal and healthy feature of a secular gold bull market.
Read full article... Read full article...
Monday, April 23, 2012
Silver Uncertain Breakout Direction / Commodities / Gold and Silver 2012
Is silver becoming a bearmarket, or is a bottom pattern completing that will lead to a major new uptrend soon? That is the big conundrum facing investors and speculators in the sector and in this update it will become apparent that the situation must resolve itself with a decisive move soon, one way or the other.
Read full article... Read full article...
Monday, April 23, 2012
Gold's Next Big Move, Which Direction? / Commodities / Gold and Silver 2012
Is a top of some significance forming in gold, or is a consolidation pattern completing that will lead to a major new uptrend soon? That is the big conundrum facing investors and speculators in the sector and in this update it will become apparent that the situation must resolve itself with a decisive move soon, one way or the other.
Read full article... Read full article...