Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, June 06, 2013

Possible Euro Devaluation Casts Shadow Over Gold’s Future / Commodities / Gold and Silver 2013

By: Bob_Kirtley

As the European Union struggles with rising unemployment they now have to face a future of increased competition from the Japanese as they actively devalue the Yen. The new government in Japan, under the Premiership of Shinzo Abe, has managed to devalue the Yen by round 20% so far. In the short term this devaluation should boost Japanese exports as their goods are available at a substantial discount. This action mirrors that of the United States as they continue with their programme of Quantitative Easing. The United Kingdom has also joined in this ‘race to the bottom’ and has managed to reduce the value the British Pound.

Thursday, June 06, 2013

Gold and Silver Leasing Explained / Commodities / Gold and Silver 2013

By: Adrian_Ash

Miguel Perez-Santalla writes: What is precious metals leasing, and why is it done...?

LEASING is an integral part of the precious metals market, writes Miguel Perez-Santalla at BullionVault.

Why is it necessary? For a diverse number of reasons, the first is the need for industry to borrow instead of buying outright the metal. This enables them to avoid owning the metal at a fixed price if they have not yet contracted to sell their product.

Wednesday, June 05, 2013

The Roubini - Faber Gold Debate / Commodities / Gold and Silver 2013

By: BATR

Two of the most provocative and incendiary economic prophets are Nouriel Roubini and Marc Faber. As with most oracles, the denominational sect of doctrines often determines the forecasts. This especially applies to economic prognosticators. Roubini has evolved into an establishment darling working with central bank governors and finance ministers. Faber remains a contrarian investor earning his designation as the genuine "Doctor Doom". Who is right, depends on the immediate and final outcomes of the international financial troubles. Money markets volatility and fiscal debt obligations are integral components of commercial transactions and political economic policy.

Wednesday, June 05, 2013

The War over Conflict Metals / Commodities / Metals & Mining

By: Metals_Report

Much has been said of the massive scope of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Lisa Reisman, managing editor of MetalMiner.com, sees opportunity in the controversial provisions governing conflict minerals. In this interview with The Metals Report, Reisman discusses how companies are dealing with the new requirements and names companies closest to production in the crucial tantalum, tungsten and tin space.

The Metals Report: Lisa, how will the Dodd-Frank Wall Street Reform and Consumer Protection Act affect industrial users of metals like tantalum, tin and tungsten?

Wednesday, June 05, 2013

Potential Crude Oil Glut! Contrarian Analyst's Forecast / Commodities / Crude Oil

By: The_Energy_Report

Stepping away from the pack, Andrew Coleman of Raymond James Equity Research is making a contrarian forecast for an oil glut in 2014. Shale oil production is on the ascent, with the United States joining Saudi Arabia on the supply side, while China's hunger for oil may be sliding and demand in developed countries remains in decline. In this interview with The Energy Report, Coleman explains his thinking and names the producers best positioned to capitalize on the turbulence ahead.

The Energy Report: Why are you expecting an oil glut in 2014?

Wednesday, June 05, 2013

Crude Oil Is Trapped In A Triangle Higher Prices Seen / Commodities / Crude Oil

By: ForexPros

Oil is slow, choppy and overlapping since September 2012 , so we think that whole price action represents a triangle pattern in red wave B) that is part of three wave rally in wave (D) from June 2012 low. If we are correct, then we know that we need five sub-waves within a triangle before we may look for a push higher into C) of (D) towards 102/103 mark.

Tuesday, June 04, 2013

Gold Stocks Seller’s Remorse / Commodities / Gold and Silver Stocks 2013

By: Jeff_Clark

I know an investor who is feeling some regret. He's come to the sinking conclusion that he may have made a mistake selling his gold stocks.

He recognizes now that he reacted emotionally to the crash, panicking at the plummet and dumping everything regardless of quality. He's kicking himself for doing so, because he succumbed to an impulsive move, locked in a loss, and realizes that the core reasons for owning gold haven't really changed.

Tuesday, June 04, 2013

The Hidden Investor Bargain in tThe Other Yellow Metal - Uranium / Commodities / Uranium

By: Marin_Katusa

Over the past month, gold has seen a considerable decrease in price, dropping almost 15% since the beginning of May. If this trend continues, gold will have its first losing year since 2000. This has led many investors, from the housewives of China to the bankers on Wall Street, looking for a bargain in gold prices.

However, what they don't realize is that there is already a bargain available – in uranium. Despite being the source of 20% of electricity in the United States and 35% in the EU, its price remains at multiyear lows.

Tuesday, June 04, 2013

Gold Premium Surges In China on Wise ‘Aunties’ And Wealthy Buying / Commodities / Gold and Silver 2013

By: GoldCore

Today’s AM fix was USD 1,405.25, EUR 1,074.68 and GBP 918.64 per ounce.
Yesterday’s AM fix was USD 1,396.75, EUR 1,072.61 and GBP 915.00per ounce.

Gold climbed $27.10 or 1.96% yesterday to $1,412.00/oz and silver also gained 2.57%.

Tuesday, June 04, 2013

Gold Slips as India Blocks Imports / Commodities / Gold and Silver 2013

By: Adrian_Ash

The WHOLESALE gold price slipped back below $1400 per ounce Tuesday morning in London as world stock markets rose and the Indian government tightened restrictions on gold importers once again.

After Monday's weak US manufacturing data gave gold what Commerzbank calls "sufficient fuel" to touch the $1415 level – identified by some technical analysts as key resistance – the gold price dropped $8 in 15 minutes mid-morning.

Tuesday, June 04, 2013

The Signs Silver Prices Are Nearing a Bottom / Commodities / Gold and Silver 2013

By: Money_Morning

Where silver is trading today represents a 35% decline from six months ago - which has led many investors to bail on the white metal in 2013.

Silver prices hovered around $22.78 in trading today in New York, almost $10 lower than where they started the year.

Tuesday, June 04, 2013

Only One Thing Matters For Gold Prices is No More QE / Commodities / Gold and Silver 2013

By: Bob_Kirtley

One can make numerous arguments for the future direction of gold prices, citing a myriad of facts and statistics to justify one’s position, but the reality is there is only one factor that matters right now; the Fed is not delivering any more QE. This means gold prices will continue to head lower, a view we have held since the start of this year.

All other arguments are overridden by the simple reality that Bernanke is currently in discussion as to a potential “tapering” of QE, so additional easing is not even close to being on the table. The reasoning behind this is also simple; employment in the US is getting better, and has been for some time, therefore there is no need for further easing.

Tuesday, June 04, 2013

Gold - There May be a Test Later / Commodities / Gold and Silver 2013

By: HRA_Advisory

Since the price dive in April, gold fought its way back to $1480 before succumbing to renewed selling as general equity indices rallied and the US Dollar took off.   It has traded back close to, but above, it’s April low before regaining some traction.  As this was written gold is trading in the $1380 range.

As long as gold can continue to gain the recent trading activity has the look of a double bottom.   This is a strong technical formation, but it won’t be considered confirmed unless gold manages to get back above its late April/early May high.  This may not be easy as we enter the traditionally weak period for physical demand but there are other factors at work.

Tuesday, June 04, 2013

The Gold Bull vs The Paper Tiger / Commodities / Gold and Silver 2013

By: Peter_Schiff

That's all, folks. One look at the headlines will tell you the gold bull market is officially over: the stock market is booming, a modest recovery of the US economy is underway, and the dollar is dominating the forex. Time to sell your bullion and get back into US stocks!

Does anyone really believe this story at this point? Haven't we been through this time and again since 2008? Remember "green shoots"?

Monday, June 03, 2013

Marc Faber: The World Is a Mess, But Junior Gold Mining Stocks Could Double / Commodities / Gold and Silver Stocks 2013

By: The_Gold_Report

The world's economy is in tatters and safe havens are few and far between, says legendary contrarian Marc Faber. The banking crisis in Cyprus has shown that even bank deposits are not safe. The publisher of the Doom, Boom and Gloom newsletter, surveying the world from his perch in Hong Kong, discusses the impact of unemployment in Europe, the economic slowdown in China, asset bubbles and the turnaround prospects for precious metals miners. Faber also reveals his investment strategy for these volatile times in this interview with The Gold Report.

Monday, June 03, 2013

Gold Bullion Investor Sentiment Beginning to Shift / Commodities / Gold and Silver 2013

By: InvestmentContrarian

Sasha Cekerevac writes: As everyone knows, gold bullion has had a significant sell-off over the past few months. Institutional investor sentiment has shifted dramatically, as funds have booked profits on their gold bullion investments.

However, it appears that there is still some life in gold bullion, because continued strong investor sentiment in the retail sector, especially the physical market, has helped to increase demand and support the price.

Monday, June 03, 2013

Speculators' Gold Bullishness Sinks, But Prices Rally as Stocks Dive / Commodities / Gold and Silver 2013

By: Adrian_Ash

LONDON PRICES to buy gold and silver rose in volatile trade Monday morning, recovering Friday evening's late losses as Asian and European stock markets fell hard.

Far Eastern premiums over and above international prices continued to ease back, according to wholesale dealers.

Monday, June 03, 2013

IMF Recycle Peak Oil Theory / Commodities / Crude Oil

By: Andrew_McKillop

OIL AT $750 PER BARREL
Since late 2012, on several occasions, the deputy chief of financial modeling at the IMF (International Monetary Fund), Michael Kumhof, has said in interview that: "Ignoring the peak oil issue would be highly unscientific, even irresponsible".

While the IMF remains officially neutral on the subject, Kumhof and his colleagues claim to be certain that the scientific basis of their concern, which includes the thermodynamic theory of entropic energy dissipation, is inexorable. In a certain timespan - which they do not define - oil prices could rise by "up to 800%" compared with current prices. To the extent that Kumhof sets timeframes, this process of rising oil prices might begin by 2017 and, Kumhof claims, will go on "for ever".

Saturday, June 01, 2013

Those Inscrutable, UnKeynesian Chinese Buying Gold / Commodities / Gold and Silver 2013

By: Richard_Daughty

Every time I hear somebody tell me that I am stupid, and that anybody who listens to me is stupid, and in fact they themselves feel stupid just standing next to somebody as stupid as I, I remind them that there is a lot of stupidity in the world. And I mean a LOT.

Just one of today’s samples of stupidity comes from Reuters, which opines that "China has limited room to use government spending and policy stimulus to boost its economy." Hahaha! Says who? Hahaha!

Saturday, June 01, 2013

Gold and Silver Price Trend Remains Down Despite Reality of Demand / Commodities / Gold and Silver 2013

By: Michael_Noonan

The month of May is now on the books. The question is, can anything new be learned from them? Maybe not, but you would have to see them to understand why not. One qualifier to be added is, from our perspective, charts include all the known factors from those who have made a market decision. The basis for the decision-making may be fundamental, [including supply and demand], technical, [including technical supply and demand factors], a combination of the two, gut-trading decisions that may not reflect either and just be ego-driven, and finally, the uniformed, who believe otherwise but trade just the same.

We make no effort to dazzle anyone with fundamentals. There are those who are known to be expert in the field of precious metals who provide detailed analysis and reason for asserting why gold and silver should be trading at considerably higher levels. Their facts and figures are most impressive, but the current prices of gold and silver present a quarrel with their fundamental information. Our sentiments are with them, but our hearts remain with the charts.