Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, May 10, 2012
Rick Rule's Primer on Contrarian Market Speculation, Compelling Case for Gold Stocks / Commodities / Gold & Silver Stocks
By: Casey_Research
In an interview with Louis James, Rick Rule provides an excellent summary of what contrarian speculation investment is and makes a powerful case that the current metals climate means gold stocks are the play to make.
Thursday, May 10, 2012
Bottom for Gold GDX Miners ETF? / Commodities / Gold & Silver Stocks
By: Mike_Paulenoff
Today's action in the Market Vectors Gold Miners ETF (GDX) has the makings of a key upside reversal on relatively high volume. This comes in the aftermath of a 27-month new low and barely any participation in the October 2011 - April 2012 bull phase in the S&P 500.
A major upside reversal (on a close above 42.85) comes after what appears to be a two- leg correction of equidistant magnitude. The first leg was off of the September 2011 high at 66.98 into the December 2011 low at 49.22 (-$17.76). After an intervening rally to the February 2012 high at 57.94, the second leg down was a near-vertical decline to today's low of 41.10 (-$16.84).
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Thursday, May 10, 2012
Gold Is Money / Commodities / Gold and Silver 2012
By: Elliot_H_Gue
For centuries, the yellow metal has been viewed as a store of wealth. Unlike dollars, euros or yen, gold can’t be printed or created out of thin air. Gold is a proven hedge against inflation; it’s also a hedge against crises. During the Great Recession of 2008-09, the worst economic downturn since the 1930s, gold prices rallied from $840 per ounce at the end of 2007 to over $1,200 by the end of 2009, even though inflation over this period remained subdued.
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Wednesday, May 09, 2012
Gold Hits 4-Month Low as Markets Fear Greek "Knock-On Effects" / Commodities / Gold and Silver 2012
By: Ben_Traynor
SPOT MARKET gold bullion prices fell to their lowest level in four months during Wednesday morning's London trading, hitting $1581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries gained, with Greek uncertainty continuing to cast a shadow.
A day earlier, gold fell below $1600 for the first time since early January.
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Wednesday, May 09, 2012
Asian Gold Buying on Roubini Dip / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,585.50, EUR 1,221.87, and GBP 984.17 per ounce. Yesterday's AM fix was USD 1,627.00, EUR 1,250.77 and GBP 1,008.99 per ounce.
Silver is trading at $28.77/oz, €22.27/oz and £17.92/oz. Platinum is trading at $1,506.75/oz, palladium at $613.20/oz and rhodium at $1,300/oz.
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Wednesday, May 09, 2012
Why Civilized People Should Buy Gold / Commodities / Gold and Silver 2012
By: Gary_North
"Gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939 but civilized people don't buy gold – they invest in productive businesses." ~ Charlie Munger
Charlie Munger is Warren Buffett's partner. He is 88 years old. You can see his remark in this brief extract from an interview on CNBC.
That sounded clever. But cleverness can conceal a great deal.
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Wednesday, May 09, 2012
Anti-Gold Propaganda Push, Gold Cover Clause for Enabling Competing New Currencies / Commodities / Gold and Silver 2012
By: Jim_Willie_CB
If today's landscape was a war setting, it would feature collapsed buildings, rubble on the streets, empty warehouses, smoke spewing upward from numerous city heaps, and fire hoses sending water in every conceivable direction throughout the entire city. And sadly, also dead bodies littered everywhere. They serve as the economic damage. The city ruins are marred by additional water damage, rubber boots a necessity. The buildings can be seen as the crumbled sovereign bonds. The street rubble is the home equity destroyed, some still underwater. The shattered warehouses are businesses either wrecked or in fast retreat. The smoke is the painful emotions based in despair, loss, and absent opportunity. In stark display, the fire houses are the central banks printing and dispensing money from tainted sources, not from factory income but rather the vacuous Weimar press. Of key significance is the compounded damage inflicted by the water itself. ZIRP and QE are tandem weapons of mass destruction that have been at work toward business destruction and capital ruin of the USEconomy for three full years. The zero interest rate policy assures the wrong pricing of money, the capital fuel, thus distorting all markets. The quantitative easing is based in extreme desperation, as the USGovt has lost the majority (80%) of its foreign creditor support.
Tuesday, May 08, 2012
Gold Bull Market Over? / Commodities / Gold and Silver 2012
By: Mike_Paulenoff
While today's $45 plunge in spot gold has violated the monthly low at $1612.47 and pressed the price structure to a new 9-week reaction low at $1595.32, let's notice that the pattern emerging from the very big picture continues to carve out a massive high-level congestion area in the form of a large triangle that is perched atop a 12-year bull run.
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Tuesday, May 08, 2012
Warren Buffet vs Gold and Silver… the Winner is… / Commodities / Gold and Silver 2012
By: Paul_Mladjenovic
Recently, the folks at Berkshire Hathaway have talked down precious metals. Warren Buffet and Charles Munger (two titans of the stock investing world) had made some unkind remarks about precious metals in general and gold in particular.
I have tremendous respect for them (who doesn't?) and I think that if the topic is "long-term stock investing" then few (if any) could match the performance they have racked up in recent decades. I wish them continued health and prosperity!
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Tuesday, May 08, 2012
Silver Price Falls to Lowest Level Since January / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE MARKET gold prices fell to $1625 an ounce during Tuesday morning's London trading – their lowest level in over a fortnight – as stocks and commodities also ticked lower and the Dollar extended recent gains, with markets still digesting the weekend's French and Greek election results.
"Support [for gold] is at $1625, where we have seen very good support since early April," says the latest technical analysis from bullion bank Scotia Mocatta.
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Tuesday, May 08, 2012
Turkey Exports “Massive Quantities Of Gold” to Iran and Arab Spring Nations / Commodities / Gold and Silver 2012
By: GoldCore
Gold’s London AM fix this morning was USD 1,627.00, EUR 1,250.77, and GBP 1,008.99 per ounce. Friday's AM fix was USD 1,629.50, EUR 1,240.20 and GBP 1,007.54 per ounce.
Silver is trading at $29.74/oz, €22.91/oz and £18.47/oz. Platinum is trading at $1,525.50/oz, palladium at $635.40/oz and rhodium at $1,350/oz.
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Tuesday, May 08, 2012
Gold and Financial Preparedness / Commodities / Gold and Silver 2012
By: Submissions
Mark Motive writes: There is a growing number of people in America hoping for the best... but preparing for the worst. These people - often called "preppers" - believe in self-sustainability, in terms of health, wealth, and liberty. As a former Boy Scout, I can certainly appreciate the desire to be prepared for any eventuality.
Tuesday, May 08, 2012
Gold is at or Very Near, a Long-Term Bottom / Commodities / Gold and Silver 2012
By: Toby_Connor
I am making Monday's premium report available to the public.
I doubt anyone was surprised by the reversal in the dollar index today.
Tuesday, May 08, 2012
Gold Stocks, It's This Bad Because It's a Bottom / Commodities / Gold and Silver 2012
By: The_Gold_Report
Eric Coffin, editor and publisher of the Hard Rock Analyst newsletter, has never heard so much negativity from investors. "Everybody thinks the world is coming to an end," he tells The Gold Report. As a contrarian, all the doom and gloom tells him the market is about to pull out of its tailspin. In this exclusive interview, Coffin talks about the hard-hit juniors in the Yukon and why it's an area play he still believes in.
The Gold Report: Eric, the gold bears recently outnumbered the gold bulls in Bloomberg's weekly Gold Bull/Gold Bear Sentiment Survey for the fourth time in a year. Are you a bull or a bear?
Eric Coffin: I think the gold price is going to end the year higher, so I guess that makes me bullish, but I think of myself as agnostic.
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Monday, May 07, 2012
Warren Buffett and Charlie Munger Tag Team Gold / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
It is no secret that Warren Buffett publicly dislikes gold. Earlier this year, Berkshire’s CEO and largest shareholder reminded investors in a Fortune article that gold has limited industrial demand and even said the precious metal “will remain lifeless forever.” Apparently, the strong distaste for the yellow metal runs throughout the Omaha-based company.
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Monday, May 07, 2012
The Gold, Energy and Agriculture Commodities Bull Market Rolls On / Commodities / Commodities Trading
By: Money_Morning
Peter Krauth writes:
Despite the setback caused by the 2008 financial crisis, the commodities bull market rolls on. A short four years later, many commodities are trading at or near all-time highs.
And thanks to huge swaths of the developing world moving up the ranks, the current bull market in commodities promises to be one for the history books-- both in time and size.
After all, the wants and needs of 7 billion people are an irresistible and monumental force.
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Monday, May 07, 2012
Keeping the Decline in Gold Stocks in Perspective / Commodities / Gold and Silver 2012
By: Jordan_Roy_Byrne
As the gold stocks continue to fall to new lows and struggle to find a bottom, it is important to keep things in perspective. Before we get to the visual comparison with the 1960s and 1970s, we want to touch on the reasons why the gold stocks have underperformed in recent months and years.
Monday, May 07, 2012
Political Change Will Put Pressure on Gold and Silver Prices / Commodities / Gold and Silver 2012
By: Bob_Kirtley
FRANCE
We start the week with news of changes at top in France where the French President Nicolas Sarkozy becomes another victim of the financial crisis and subsequent austerity measures. 'Sarko' as he is know by some has been ousted by the socialist leader Francois Hollande, who has been elected on a platform that includes reducing the retirement age, a 75% tax on those who earn more than one million euros and the re-negotiation of the European 'Fiscal Pact' with its European partners.
Monday, May 07, 2012
Gold COT Report, No Free Market for Speculators in Comex / Commodities / Gold and Silver 2012
By: Marshall_Swing
Commercials bought 4,590 longs and purchased a whopping 15,356 shorts to end the week with 58.88% of all open interest and now stand as a group at 17,800,300 ounces net short, an increase of over 1,000,000 ounces net short from the previous week. It is very important that you review last week's COT because in it, plus this last Wed - Fri trading days are the key to where the gold price is going and how it is going to get there.
Monday, May 07, 2012
Silver Speculators Absolutely Killed / Commodities / Gold and Silver 2012
By: Marshall_Swing
Commercials unloaded -5,894 long contracts and covered -4,504 shorts to end the week with 49.00% of all open interest which is an increase over the previous week. They are currently -118,715,000 ounces net short, a huge increase of about -7,000,000 ounces.
Large speculators were bounced out of -2,058 contract longs and were forced to cover -1,171 shorts for a net long position of 77,920,000 ounces, another dramatic reduction of almost -5,000,000 net longs from the previous week.
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