Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, April 23, 2012

Gold and Silver Enter Period of Low Volatility and Disinterest / Commodities / Gold and Silver 2012

By: Jordan_Roy_Byrne

Gold and Silver have been correcting multi-year advances. In this article we illustrate what ultimately develops as these corrections progress into consolidations. Namely, volatility declines, general interest in the market evaporates and this produces sentiment that is conducive for an important bottom. Because these are long-lasting, sustained corrections, the bottoms take time to develop. There are many fits and starts and as a result, most bottoms are not obvious until months after the fact. We provide some charts to help understand what is currently taking place and what we can expect going forward.

Monday, April 23, 2012

Weighing the Evidence of Crude Oil and Gold Stocks / Commodities / Gold & Silver Stocks

By: Frank_Holmes

The MSCI Emerging Markets and the S&P 500 indices have increased double digits since the beginning of the year. Investors should be thrilled, but instead of cheers, the only sounds the markets are hearing are crickets. Many have been asking, where are the investors?

Monday, April 23, 2012

Gold Stocks Half Way? / Commodities / Gold & Silver Stocks

By: Ned_W_Schmidt

With the calendar moving into the second third of the year, some of the popular delusions of the crowd seem increasingly remote possibilities. Have we been waiting a year for QE-3? But like a broken clock, those forecasting QE-3 to be imminent still have a shot at being correct. At the same time, some are chopping down the AAPL tree. Already down 10% from the high, the leading delusionist on that stock is still forecasting a $1,000 price. Gold seems well short of $2,000. Would that be still or again? And the pick up trucks loaded with Silver ready for the ride to $100? Well, seems most have broken down in the middle of the road. And the Gold stocks? Perhaps about half way to the bottom.

Monday, April 23, 2012

Gold, Stocks and Euro All Down after China Manufacturing News / Commodities / Gold and Silver 2012

By: Ben_Traynor

PRICES TO buy gold bullion on the wholesale market dropped to $1630 an ounce during Monday morning's London session – a 2.3% drop from where they started the month – while stock markets and industrial commodities also traded lower following the release of preliminary Chinese manufacturing data.

"Gold remains in a short-term bear channel," say technical analysts at bullion bank Scotia Mocatta.

Monday, April 23, 2012

Gold Prices Trading Sluggish Ahead of Fed Meeting / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,632.00, EUR 1,240.97, and GBP 1,014.42 per ounce. Friday's AM fix was USD 1,640.00, EUR 1,246.30 and GBP 1,018.25 per ounce.

Silver is trading at $31.29/oz, €23.80/oz and £19.43/oz. Platinum is trading at $1,564.50/oz, palladium at $664/oz and rhodium at $1,350/oz.

Monday, April 23, 2012

Gold Stocks Continue to Underperform Gold Bullion / Commodities / Gold and Silver 2012

By: Willem_Weytjens

I have written (and warned my readers) several times about the weak performance of the HUI index compared to the price of Gold.
Despite general stock markets approaching pre-crisis highs and Gold holding up quite well so far, the HUI index has dropped quite substantially. The combination of weak performance of HUI stocks and the relatively “strong” action of Gold, caused the HUI index to underperform Gold dramatically.

Monday, April 23, 2012

Gold's Continuing Vulnerability / Commodities / Gold and Silver 2012

By: Brian_Bloom

The investment world is currently full of paradoxes. For example, whilst the Gold Bugs Index (the $HUI which is made up of more speculative counters in precious metals) has been deteriorating strongly – see chart 1, courtesy stockcharts.com – the ratio of the $HUI/$XAU shows that the $HUI has been rising since early 2011.

Sunday, April 22, 2012

How to Make a Fortune Investing in Natural Gas / Commodities / Natural Gas

By: DailyWealth

Porter Stansberry writes: I am extremely bullish on natural gas.

For those of you who have been watching the price chart of natural gas... that probably seems strange. As you can see in the chart below, the price of natural gas has been trending down for years...

Sunday, April 22, 2012

Gold and Silver COT (CFTC – Commitment of Traders) / Commodities / Gold and Silver 2012

By: Submissions

Marshall Swing writes: Commercials added 2,372 longs and 2,484 shorts to end the week with 47.57% of all open interest 132,485,000 ounces net short, a small increase of 555,000 ounces.

Large speculators netted only -103 contract longs and covered -324 shorts for a net long position of 92,035,000 ounces, a increase of almost 1,105,000 ounces from the prior week.

Saturday, April 21, 2012

Gold and Silver Miners Put Real Money Where Their Mouth Is / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

In precious metals, it has been a trying time for miner investors. Despite gains in bullion prices, gold and silver miners have lagged behind. Since January 2011, the SPDR Gold Trust has gained 15.5 percent, while the iShares Silver Trust has increased 2.5 percent. However, miner ETFs such as the Market Vectors Gold Miners and the Global X Silver Miners have both fallen 23 percent in the same period. While it may appear to be all doom and gloom in the mining stocks, the companies themselves are signaling better days ahead.

Saturday, April 21, 2012

Many Signs Point to Gold Higher Prices / Commodities / Gold and Silver 2012

By: Przemyslaw_Radomski

The Reserve Bank of India on Tuesday surprised investors with a bigger-than-expected half-percentage-point cut to its key lending rate, sending it to 8%, saying the state of India's economy is "a matter of growing concern." Assuming a normal monsoon season, continuing improvement in industrial production and in the global outlook, the RBI said it expects growth for the current year at 7.3%. Inflation in India slowed less than expected in March. Indians, who love gold in any case, could turn to it as an inflation hedge. Meanwhile, the Indian Post office system is offering a 6% rebate on gold coins of various denominations for the forthcoming Akshaya Tritiya festival, which is one of the biggest gold buying festivals in the country.

Saturday, April 21, 2012

China Economy Dragging Commodities Lower / Commodities / Commodities Trading

By: Zeal_LLC

Commodities have been sinking like stones since late February, an unusual divergence from the rallying stock markets.  This relentless weakness has wreaked havoc on commodities sentiment, leading traders to abandon commodities stocks.  As we all try to make sense of this surreal bloodbath, one catalyst keeps coming up.  Western perceptions of the Chinese economy have been a real drag on commodities.

China is indeed one of the major drivers of this past decade’s secular commodities bulls.  As the world’s most-populous country, it has over 1.3b people who collectively consume vast amounts of resources.  China sports the fastest-growing major economy on the planet, which has recently catapulted it to become the world’s second largest after the US.  China is also the second-largest importer on Earth.

Saturday, April 21, 2012

Silver Price Seen Over $40/oz in 2012 – Store of Value Remains Undervalued / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,640.00, EUR 1,246.30, and GBP 1,018.25 per ounce.
Yesterday's AM fix was USD 1,642.00, EUR 1,249.91 and GBP 1,022.73 per ounce.

Friday, April 20, 2012

Inflation and Hidden Gold Taxation Historical Case Studies / Commodities / Gold and Silver 2012

By: Dan_Amerman

The number one reason investors buy gold is to protect against the government policies that create inflation. However, the government has "rigged the game" in such a way that the higher the rate of inflation, the more of a gold investor's net worth ends up with the government instead of the investor.

An examination of three historical case studies of long-term gold investment during a time of substantial inflation shows how under existing law and tax rates, the US federal government used the 1-2 combination of inflation and taxes to not only take all gold investor profits, but to confiscate part of the investors' starting net worth as well. These three real world analyses explore gold acting as a perfect inflation hedge, gold experiencing asset inflation, and gold experiencing asset deflation.

Friday, April 20, 2012

How to Profit from the Bakken Crude Oil Shale Boom / Commodities / Crude Oil

By: Money_Morning

David Zeiler writes: Did you ever wish you'd been around for the California gold rush of 1849? Or the Texas oil boom of the early 1900s?

Maybe you can't go back in time, but you don't have to.

The Bakken oil shale boom going on in North Dakota right now is just as big-if not bigger.

Friday, April 20, 2012

COMEX Reduces Silver Margins Yet Again / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

After raising margin requirements for silver futures contracts eight times last year, the CME Group has decided to lower margins yet again, after having last lowered them on February 13th. 

Last year’s margin requirement hikes increased the cost of holding silver futures positions by 80 percent and was one of the key factors contributing to silver’s sharp decline last May.

Friday, April 20, 2012

A Return to the Gold Standard, or Gold Behind Currencies / Commodities / Gold and Silver 2012

By: Julian_DW_Phillips

This is the fourth part of a five part series on how gold will return to the monetary system globally but not in the form of the defunct Gold Standard.

"Dirty Float"

Today we have a set of circumstances that are totally different to those times. All currencies are in a "dirty float" that sees exchange rates moving relatively freely, being the subject of market forces, including manipulation by their own governments. The days of revaluation and devaluation are things of the past. So no amount of systemic change will see the re-imposition of fixed exchange rates. Any new monetary system or adjustment to the present system will have to accept this reality.

Friday, April 20, 2012

Gold Miners, Buying Gold at Discount / Commodities / Gold and Silver 2012

By: William_Bancroft

China has been trying to diversify her foreign exchange reserves for some time. We are all familiar with the figures released by the likes of the World Gold Council about Chinese gold investment demand, as well as statistics showing official gold imports through Hong Kong into the Chinese mainland. Chinese reserves contain only 2% gold, compared to nearly 10% for India and Russia, and figures in the 70th percentile for developed nations such as the USA and Germany.

Thursday, April 19, 2012

Gold Still a Long Term Hedge and Less Volatile than Equities / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,642.00, EUR 1,249.91, and GBP 1,022.73 per ounce. Friday's AM fix was USD 1,646.50, EUR 1,258.41and GBP 1,030.80 per ounce.

Silver is trading at $31.57/oz, €24.06/oz and £19.69/oz. Platinum is trading at $1,582.50/oz, palladium at $657.20/oz and rhodium at $1,350/oz.

Thursday, April 19, 2012

Generational Low for Natural Gas / Commodities / Natural Gas

By: Mike_Paulenoff

Natural gas is in the midst of the establishment of a generational low, when everything appears extremely bleak fundamentally. This is a classic commodity capitulation period. From my perspective, the extended falling wedge type pattern once again is in a position to do serious damage to the well-entrenched shorts -- that is, if the price structure finds a way to hurdle 2.015-2.030 . . . 6.60 in the ProShares Ultra DJ-UBS Natural Gas (BOIL).