Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, July 13, 2012
'Peak Gold' - Gold Production Collapse Continues In South Africa / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1579.00, EUR 1294.05 and GBP 1022.34 per ounce.
Yesterday’s AM fix was USD 1565.50, EUR 1281.10 and GBP 1011.96 per ounce.
Gold fell by 0.3% in New York yesterday and closed down $4.90 to $1,571.70/oz. After a sharp drop and equally sharp bounce higher, silver rose 0.3% or 8 cents to close at $27.17/oz
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Friday, July 13, 2012
Gold Stocks Failing To Sparkle / Commodities / Gold and Silver 2012
By: Bob_Kirtley
For the last ten months or so we have watched the precious metals mining sector try in vain to put in a decent rally only to run out of steam and disappoint some of its most ardent supporters, including us.Read full article... Read full article...
Friday, July 13, 2012
What the GLD ETF Chart tells us about GOLD / Commodities / Gold and Silver 2012
By: David_Banister
Gold had remained in a rough 1550-1640 range for several weeks now. Tonight, we look at the GLD ETF, which represents the Gold spot price movements. Over the past 5 months we can see in the chart below the clear downtrend lines.Read full article... Read full article...
Friday, July 13, 2012
The Supply Side of Crude Oil / Commodities / Crude Oil
By: Elliot_H_Gue
Oil supply growth from countries outside OPEC should grow by roughly 660,000 barrels per day, with North America accounting for much of this uptick in production. Preliminary data from the US Energy Information Administration indicates that domestic crude oil production in April surged by 567,000 barrels per day from year ago levels. Robust drilling activity in unconventional plays such as the Bakken Shale in North Dakota and the Eagle Ford Shale in south Texas fueled much of this growth.Read full article... Read full article...
Friday, July 13, 2012
Crude Oil on the Slippery Slope / Commodities / Crude Oil
By: Andrew_McKillop
OPEC NEWS IS NO NEWS
Oil output by the producer states in the cartel is falling, with the largest loss by Iran, for highly obvious reasons - the western embargo - but not at all so obvious, Iran's large cutback in crude oil exports, due to the embargo, will be joined by a significant fall in Iranian imports of refined products, especially middle distillates and gasoline. For the more-than-somewhat oversupplied and nearby European market for these products, the price impact can only be downward, with the leading indicator being stocks and refinery runs in Europe. Refinery runs, already low, and stocks which are high, will likely go further down and up with European refiners trying to recoup some of their losses by exporting more gasoline to the US, impacting US crude demand for refining.
Thursday, July 12, 2012
Facebook Tanked and Soybeans Soared! / Commodities / Agricultural Commodities
By: Ned_W_Schmidt
Facebook was to be the rebirth of the glorious technology stocks. Portfolio managers have been longing to return to the era when they did not think. They just owned massive positions in technology and internet stocks. Social networking was to be the seed from which that rebirth would sprout. Rather, Facebook turned out to be one damp squib. As we write, that stock is still off 30% from the high achieved on opening. While Facebook may not be the worst performer of the 2012, it will certainly be the worst recommendation of the year.
Thursday, July 12, 2012
Today Is Best Day to Buy Gold / Commodities / Gold and Silver 2012
By: GoldCore
Today's AM fix was USD 1565.50, EUR 1281.10 and GBP 1011.96 per ounce.
Yesterday’s AM fix was USD 1576.50, EUR 1284 and GBP 1012.91 per ounce.
Gold gradually ticked lower in Asian trading and has seen further slight weakness in European trading. Still robust physical demand is supporting gold at these levels and strong support is at the $1,500/oz level.
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Thursday, July 12, 2012
Gold and Silver Fall on Fed Minutes Disappointment / Commodities / Gold and Silver 2012
By: Adrian_Ash
The WHOLESALE BULLION gold price continued to weaken Thursday morning in London, dropping to new 2-week lows beneath $1565 per ounce on what analysts called "disappointment" over the latest monetary policy minutes from the US Federal Reserve.
Asian and European stock markets fell hard, while wheat and corn prices again bucked a further drop in the commodities market.
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Thursday, July 12, 2012
Gold Cycles Will Soon Forecast Where Prices Are Headed / Commodities / Gold and Silver 2012
By: Chris_Vermeulen
Gold and stock market forecaster have been using cycles in price that repeat every certain amount of trading days to help them spot key reversal areas in the financial market. Almost everything in life seems to go in cycles and commodity prices and the stock market are no different.
As we all know the market is very difficult to forecast when using only one set of analysis like cycles. Analyzing price action, volume, market sentiment, market breadth, trends and inter-market analysis are the other key areas which one must understand before they can be in the zone (ZEN) with the financial market and properly forecast future prices.
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Thursday, July 12, 2012
Many Unscary Reasons to Add Gold / Commodities / Gold and Silver 2012
By: Adrian_Ash
Never mind inflation or credit default. There are plenty of less scary reasons to consider gold investing too...
GOLD IS OF COURSE for kooks and weirdos only – those doom-mongers who, bothering to read history, think printing money risks massive inflation, and who also fear banking and even government default today. Can you imagine!
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Thursday, July 12, 2012
Is Gold Stuck in BIZARRO Land? / Commodities / Gold and Silver 2012
By: Eric_McWhinnie
In the Seinfeld episode titled “The Bizarro Jerry,” Elaine meets a group of people who are complete opposites of Jerry, George, Kramer and Newman. The group takes pride in helping each other in their daily lives and hangs out at a “Bizarro Coffee Shop” named Reggie’s. When describing Elaine’s newfound friends, Jerry says, “Yeah, like Bizarro Superman-Superman’s exact opposite, who lives in the backwards Bizarro world. Up is down; down is up. He says ‘Hello’ when he leaves, ‘Goodbye’ when he arrives.” The show provides a rather striking similarity to today’s Bizarro financial market.
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Wednesday, July 11, 2012
Investors Go Nuclear, Time to Invest in Uranium Stocks / Commodities / Uranium
By: Money_Morning
GS Early writes:
Ah, what a difference a year makes.
Just a couple weeks ago it was reported that a Japanese town recovering from the last year's tsunami-inflicted Fukushima disaster is teaming up with Toshiba Corp. to build several solar electricity plants that combined could be Japan's largest solar facility.
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Wednesday, July 11, 2012
LIBOR Manipulation Leads To Questions Regarding Gold Manipulation / Commodities / Market Manipulation
By: GoldCore
Today's AM fix was USD 1576.50, EUR 1284 and GBP 1012.91 per ounce.
Yesterday’s AM fix was USD 1594.50, EUR 1293.29 and GBP 1026 per ounce.
Gold fell by $19.40 in New York yesterday and closed down 1.2% at $1,568.40/oz. Silver fell 1.8% or 50 cents to $26.84/oz.
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Wednesday, July 11, 2012
Jim Rogers on Oil, Gold, Asia and What is the Best Investment in the World Right Now / Commodities / Energy Resources
By: OilPrice_Com
World markets appear to be hovering over a precipice as Europe's sovereign debt crisis, slowdowns in India and China and further bank downgrades threaten to send stocks and commodities down even further. Falling oil and gas prices may offer some respite to consumers but are they enough to help the economy or are they a symptom of deeper problems?
Wednesday, July 11, 2012
The Race for Energy Resources Just Got Hotter / Commodities / Energy Resources
By: Marin_Katusa
Marin Katusa, Casey Research writes:
Malaysia's state-owned oil and gas company just made a multibillion-dollar bet that Canada will choose to export its shale gas riches. Even though the odds of securing permission to export liquefied natural gas (LNG) from the Canadian west coast are still pretty poor, the costs of such an endeavor immense, and the timeline in question very long, Petronas is putting $5.5 billion on the table – far more than it has ever spent on an acquisition before – to secure a large foothold in the British Columbia shale gas scene.
Wednesday, July 11, 2012
Gold Price Technical Analysis, Continues to Target $1100 / Commodities / Gold and Silver 2012
By: Brian_Bloom
A critically important question that needs to be addressed is whether the gold price has been consolidating within a Primary Bull trend or whether the gold price is entering a Primary Bear trend. It is argued below that whilst the retracement has represented a secondary reaction within a Primary Bull market, this reaction is not yet over and – on a balance of probabilities – it seems likely to continue to head south until the gold price reaches $1100.
Tuesday, July 10, 2012
Loose Monetary Policy "Will Mean Strong Demand" for Gold / Commodities / Gold and Silver 2012
By: Ben_Traynor
WHOLESALE prices for gold bullion climbed to $1597 an ounce during Tuesday morning's trading in London – their highest level so far this week – while stock markets also ticked higher following news that Spain should receive some financial assistance for its banks later this month.
Silver bullion also gained, climbing as high as $27.61 per ounce, while other commodities were broadly flat.
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Tuesday, July 10, 2012
The Gold Stocks Compared to Past Bull Markets / Commodities / Gold & Silver Stocks
By: Jordan_Roy_Byrne
In researching past equity bull markets, we've found numerous similarities between all. Each bull market has three clearly defined phases. The last phase of each bull market is driven by valuation expansion which is made possible through the wall of worry phase in which valuations contract and the weak hands give way to the strong hands. Though the gold stocks may have already bottomed, plenty of fear and despondency persists. However, when one compares the present bull market in the gold stocks to five previous equity bull markets, they should realize that things are on par with the past and the gold stocks are right on track.
Tuesday, July 10, 2012
Gold's Secular Bull Market - Past, Present & Future / Commodities / Gold and Silver 2012
By: Michael_J_Kosares
A secular bull market, according to Investopedia, is one "driven by forces that could be in place for many years, causing the price of a particular investment or asset class to rise or fall over a long period of time. In a secular bull market, strong investor sentiment drives prices higher, as there are more net buyers than sellers. . . Secular markets are typically driven by large-scale national and worldwide events, which occur in combination. For example, wars, demographic/population shifts and governmental/political policies are all events that could drive secular markets. A secular bull market will have bear market periods within it, but it will not reverse the overlying trend of upward asset values. For example, most economists agree that U.S. equities were in a secular bull market from about 1980 to 2000, even though the stock market crash of 1987 occurred within the same time period."
Tuesday, July 10, 2012
Gold and Silver's Achilles’ Heel / Commodities / Gold and Silver 2012
By: Dr_Jeff_Lewis
In the grand scheme of things, people have traditionally had more faith in silver as a currency than in paper fiat currencies.
Furthermore, since modern paper currencies are only backed by the creditworthiness of the authority issuing them, if that authority goes into default on its debt, the currency it issued could become virtually worthless.