Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, August 23, 2013

Reasons Why Gold Price Will Hit $5000/oz / Commodities / Gold and Silver 2013

By: Jim_Willie_CB

Back in November 2003, before the Hat Trick Letter was hatched and launched, a seminal article was written about 25 reasons why Gold will rise. It was updated afterwards, around 2008 with a couple more reasons. Given the extreme situation in the last few months, the entire outlook has changed. The gnarly intractable crisis began in late 2008 when Lehman Brothers failed, Fannie Mae was nationalized, and AIG was given a nationalist prop. In the last several months, the crisis has entered a new elevated level of perma-crisis and constant tension, widely recognized as something more serious, dangerous, and risk-filled.

Friday, August 23, 2013

Time To Focus On Economically Viable Junior Gold Miners / Commodities / Gold and Silver Stocks 2013

By: Jeb_Handwerger

We may have seen the bottom in the precious metals and the miners. A major uptrend could just be beginning in these oversold sectors. We are starting to see the major miners such as Barrick (ABX), Newmont (NEM) and Kinross (KGC) rebound off of historic 20 year lows as they raise cash and sell off higher cost assets. The market may have already priced in a worst case scenario. Gold and silver prices are rebounding strongly, which may cause a powerful move in the historically oversold sector. With stronger balance sheets, the majors will be able to focus on lower cost, more profitable and secure Nevada mines where they are producing gold below $400 an ounce.

Friday, August 23, 2013

Gold Begins to Rally Against Crude Oil / Commodities / Crude Oil

By: DailyWealth

As we expected, the "gold-to-oil" ratio is working in gold's favor...

Back on July 26, we noted how the "gold-to-oil" ratio was ready to snap back in gold's favor. At the time, we reminded readers how this kind of "ratio trade" isn't a conventional "buy a stock and hope it goes up" trade. "Ratio trades" involve trading one asset against another asset. For example, one of the most important ratios in this group is the "gold-to-oil" ratio.

Thursday, August 22, 2013

Mounting Tensions in Middle East to Push Crude Oil Prices Higher? / Commodities / Crude Oil

By: InvestmentContrarian

Sasha Cekerevac writes: While many Americans might be disturbed by recent news of the ongoing mass violence in Egypt, it’s unlikely that many have considered the economic impact the growing violence could have on America. And if you think the impact won’t be all that significant, you would be wrong.

Oil prices are already seeing the effects of the violence, as the market sector is extremely sensitive to any increase in political uncertainty on the world stage.

Thursday, August 22, 2013

Gold and Silver Recover Fed Drop, S.African Mining "In Crisis" / Commodities / Gold and Silver 2013

By: Adrian_Ash

The PRICE of gold recovered overnight losses after the release of US Federal Reserve meeting notes in London trade Thursday morning, rising back to $1375 as major stock markets also rose with commodities.

The Dollar continued to strengthen, helping the gold price rally faster for non-US investors.

Thursday, August 22, 2013

Gold Mining Equities: A Play Against the Tide / Commodities / Gold and Silver Stocks 2013

By: GoldSilverWorlds

If 2013 was considered a bad year for gold, it was a disaster for gold mining equities that were slashed by almost 50% by mid-year. The April and June sell-offs brought gold down to USD 1,300 – a level that it had not witnessed since September 2010. Many found this sell-off was more of a frenzy and nervous reaction to a series of bad news: the US Treasury announcing it is considering tapering its economic stimulus program, Cyprus revealing it will sell off ‘excess’ gold reserves to finance its bailout by the European Central Bank, not to mention weaker Chinese economic growth figures. The outlook on gold was bad, and dragged gold mining equities along with it. But there is more to the gold mining story – and if investors agree that the past six months were in fact a frenzy, and start looking closer, they will then find a number of benefits and investment opportunities that were overlooked in the past.

Thursday, August 22, 2013

Why Is Anti-Goldbug Dennis Gartman Getting into Gold? / Commodities / Gold and Silver Stocks 2013

By: The_Gold_Report

Dennis Gartman, the editor and publisher of The Gartman Letter, has made no secret of his disdain for gold. But he believes a good trader is agnostic of everything. So, when technical charts indicated it was time to buy, he did. In this interview with The Gold Report, Gartman talks about how he has been playing gold off of other currencies to turn a profit and discusses if he is ready to get into gold equities yet.

The Gold Report: Dennis, in late July, you told CNBC that you're a "buyer of gold" after being what amounted to the grand marshal for the gold bear parade. Why did you change sides?

Thursday, August 22, 2013

Gold Investing, Not So Slim's Secrets / Commodities / Gold and Silver 2013

By: Adrian_Ash

Buying high and holding on with Mexico's bargain-hunting billionaire...

CARLOS SLIM HELÚ has a lot of money. Or rather, he owns a lot of assets. More than $73 billion-worth, according to Forbes magazine.
 

Wednesday, August 21, 2013

Peak Gold / Commodities / Gold and Silver Stocks 2013

By: Casey_Research

By Andrey Dashkov, Research Analyst:

In the mining business, it is said that grade is king. A high-grade project attracts attention and money. High-grade drill intercepts can send an exploration company's stock price higher by an order of magnitude. As a project moves to the development stage, the higher the grade, the more robust the projected economics of a project. And for a mine in production, the higher the grade, the more technical sins and price fluctuations it can survive.

Wednesday, August 21, 2013

Silver Prices - The $100 History / Commodities / Gold and Silver 2013

By: DeviantInvestor

Step into the “Wayback Machine” and journey back in time to:

Wednesday, August 21, 2013

Is India Preparing to Confiscate its Citizens Gold? / Commodities / Gold and Silver 2013

By: Julian_DW_Phillips

In 1991, the Indian government pledged the nation's gold reserves against foreign loans that were provided to the nation from international sources. So they have already trodden the path of using gold to support their international presence and in international dealings.

The Indian Rupee exchange rate continues to decline, and far faster than other currencies. Over the last couple of years the Indian Rupee has fallen from Rs.42 to the dollar to the current rate of over Rs.63 to the dollar. While this reflects, in part, the withdrawal of 'hot money' (carry trade investments taking advantage of interest rate differentials between the dollar and the rupee) from the country, it also reflects the waning confidence in the Indian economy - although it continues to grow at over 5% -- and its currency. The Balance of Payments continues to worsen.

Wednesday, August 21, 2013

Will the Stock Market S&P 500 Impact Gold Stocks? / Commodities / Gold and Silver Stocks 2013

By: Jordan_Roy_Byrne

With recoveries come questions. Will this last? Is this just setting up a bigger decline? The current recovery in the gold stocks has been both strong and broad based. It has occurred at a time when the stock market seems vulnerable. The stock market is up substantially since 2009. Yet, the most recent gains have resulted almost entirely from margin expansion rather than profit growth. Meanwhile, nominal GDP growth is the lowest ever (ex recessions). Gold stocks are up 16.8% in the last 13 days while the S&P 500 has declined by 3.4%. Should gold stock investors and speculators worry about the effect of a deeper decline or cyclical bear market on the mining sector? History says no.

Wednesday, August 21, 2013

Fracking Trucks Reveal Energy's Most Underreported Boom / Commodities / Fracking

By: Money_Morning

Dr. Kent Moors writes: Now that the rig market for oil and gas projects is heating up again, it's time to invest where energy's big-money cycle actually begins.

After all, without a rig, a well is nothing more than a dot on a map.

That's why the oil field service (OFS) business always improves before the fortunes of field production companies.

Tuesday, August 20, 2013

What Happens When You Tell Indians to Stop Buying Gold / Commodities / Gold and Silver 2013

By: Frank_Holmes

India’s demand for gold during the second quarter of 2013 topped all other countries, according to the latest World Gold Council data. As noted by GoldCore, the demand for gold in India rose to its “highest in the last 10 years,” with jewelry, bars and coins demand, capping 310 tons during the period.

Tuesday, August 20, 2013

Silver To Rally Due To Coming Dow Stock Market Crash / Commodities / Gold and Silver 2013

By: Hubert_Moolman

Since the last update, the Dow has had a rally which exceeded the previous all-time high. The rally appears to be nothing significant, since it was likely just a retest of the previous breakdown – See the Dow -chart below (from freestockcharts.com):

Tuesday, August 20, 2013

Crude Oil Price Corrective Pause Appears Complete; 110 Back in View / Commodities / Crude Oil

By: Gregor_Horvat

OIL is trading slightly lower after recent reversal from the upper channel resistance line shown on the 4-hourly chart. However, we cannot ignore a three wave decline from July high which is clearly a contra-trend movement, called a zig-zag in Elliott Wave theory. With that in mind, we will continue to look for higher prices on crude oil as long as 102.15 support is in place. As such, we suspect that current set-back is wave (ii) that may look for a support in 104-105 zone, in one of the Fibonacci support levels. Reversal from there, in impulsive fashion back to 108 will be nice indication for a bullish moves, but then towards 110 level.

Tuesday, August 20, 2013

U.K. Gold 'Exports' To Switzerland Explode Due To Allocated and Asian Demand / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,365.75, EUR 1,020.28 and GBP 871.29 per ounce.
Yesterday’s AM fix was USD 1,375.25, EUR 1,031.39 and GBP 878.47 per ounce.

Gold fell $6.40 or 0.47% yesterday, closing at $1,366.60/oz. Silver edged down $0.02 or nearly 0.09%, closing at $23.16. Platinum fell $14.52 or 1% to $1,504.49/oz, while palladium was down $10.75 or 1.4% to $749.75/oz.

Tuesday, August 20, 2013

Drivers for Silver Price Up Trend / Commodities / Gold and Silver 2013

By: Money_Morning

Tony Daltorio writes: After slipping nearly 40% this year by June, silver prices today have rebounded, and now trade near $23 an ounce. Silver ended the week up 14%.

This puts the precious metal at a level not seen since May.

There are several reasons for this move up in silver prices - reasons that will carry silver prices to $40 an ounce - and then $60 an ounce - by 2014.

Tuesday, August 20, 2013

Gold Bugs Will Love This Gold Price Chart / Commodities / Gold and Silver 2013

By: Money_Morning

David Zeiler writes: There's no shortage of catalysts pushing gold prices higher, but now gold bugs have another...

A technical analysis of the chart depicting gold's rocky ride over the past nine months shows that gold prices have only just begun to break out to the upside.

Tuesday, August 20, 2013

GET READY - The Great Transfer of Wealth in Gold & Silver is Coming / Commodities / Gold and Silver 2013

By: Steve_St_Angelo

The U.S. Economy stands at the edge of the abyss while the financial MSM debates whether or not the FED will taper in the fall.  Silly analysts.  Serious cracks are beginning to appear in the economy while the precious metals have now seemingly decoupled from the broader stock market in a big way.