Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, May 22, 2012

Mining Stocks: How Long Will the Downturn Last? / Commodities / Metals & Mining

By: Money_Morning

Martin Hutchinson writes: Over the last twelve months mining stocks have substantially underperformed the market.

In fact, the Standard and Poor's Metals and Mining select industry index (INDEXSP: SPSIMM) is off 35% in the past year, while the overall market is up 2.5%.

Tuesday, May 22, 2012

Swiss Parliament Examines ‘Gold Franc’ Currency Today / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,575.75, EUR 1,233.95, and GBP 998.76 per ounce. Yesterday's AM fix this morning was USD 1,590.25, EUR 1,245.20, and GBP 1,005.34 per ounce.

Silver is trading at $28.18/oz, €22.18/oz and £17.94/oz. Platinum is trading at $1,462.00/oz, palladium at $607.10/oz and rhodium at $1,275/oz.

Tuesday, May 22, 2012

The People Have Spoken, Gold and Silver Markets Will Soar / Commodities / Gold & Silver Stocks

By: The_Gold_Report

The elections in Greece and France have shown that in democratic societies the people are the ultimate deciders of how well the best-laid economic plans will work out in the long run. In this exclusive interview with The Gold Report, Leonard Melman, veteran precious metals analyst and publisher of The Melman Report, talks about the implications of the recent European elections on the prospects for the gold and silver markets. He also discusses some of his favorite stock picks for taking advantage of the huge rebound he sees in the metals markets later this year.

Tuesday, May 22, 2012

Real Gold Price Holds the Cards for Gold Bullion and Gold Stocks / Commodities / Gold and Silver 2012

By: Jordan_Roy_Byrne

We often write about the real price of gold (RPG) as it is a leading macro indicator and leading indicator for gold stock fundamentals. The RPG is simply a measurement of Gold in terms of various markets such as commodities, stocks or currencies. If the RPG is broadly outperforming then it could be signaling credit stress and even an economic contraction. If equities and commodities are outperforming Gold then it signals an improving economic environment and an improving credit environment. We also note that a strengthening RPG in itself is a catalyst for improving margins for gold miners. Furthermore, since a rising RPG is a contractionary signal, it can also be a catalyst for Fed action. The RPG appears to have bottomed and looks likely to trend higher in the coming months.

Tuesday, May 22, 2012

How Strong is Global Gold Demand? / Commodities / Gold and Silver 2012

By: Eric_McWhinnie

According to the latest Gold Demand Trends report by the World Gold Council, the world continues to have a strong appetite for the precious metal, despite higher prices in the first-quarter of 2012 when compared to a year earlier.

First-quarter global gold demand totaled 1,097.6 tonnes ($59.7 billion), which represents a 5 percent decrease from 1,150.7 tonnes ($51.3 billion) in the same period last year. Although the demand in tonnes decreased, the decline was not too worrisome considering the average price for an ounce of gold was 22 percent higher this year. Furthermore, the dollar amount of gold invested in the first-quarter was 16 percent higher than last year and only 11 percent below its record of $67.1 billion set in the third-quarter of 2011. In dollar value terms, almost all gold demand posted year-over-year increases.

Tuesday, May 22, 2012

Gold: The World's Friend for 5,000 Years / Commodities / Gold and Silver 2012

By: Frank_Holmes

Facebook's highly anticipated initial public offering today helped the company raise $16 billion, a record for tech IPOs. It's refreshing to see investor excitement rally around the stock, as the U.S. needs innovative businesses to thrive and attract capital. However, as behavioral finance warns, be cautious of a herd mentality.

Monday, May 21, 2012

QE3 "Not Off the Table" as Euro Crisis Gives Gold Significant Upside / Commodities / Gold and Silver 2012

By: Adrian_Ash

WHOLESALE MARKET spot gold prices hit a 7-session high just below $1600 per ounce in London trade early Monday, before dropping back through last week's finish at $1593 as European stock markets rose for the first time in two weeks.

Spanish and Portuguese bond prices both fell, as did "safe haven" German and US debt.

Monday, May 21, 2012

John Embry and James Turk on why the Gold Bull Market isn't Over / Commodities / Gold and Silver 2012

By: Submissions

Paul Buitink writes: This conversation between James Turk and John Embry was recorded on Friday 18 May.

They discuss recent volatility and panic in the gold and silver markets. According to John Embry markets are now highly oversold. He mentions the “leap day slaughter” and the counterintuitive situation in which gold and silver prices went down on the backdrop of negative economic news and money printing. Natural selling followed forced selling.

Sunday, May 20, 2012

Small Cap Gold Resources Investing, An Extraordinary Time to Be in the Driver's Seat / Commodities / Gold and Silver 2012

By: The_Gold_Report

Aaron Kennon, co-founder and CEO of Clear Harbor Asset Management, shares some of his company's trade secrets in this exclusive interview with The Gold Report. Educating yourself is critical before investing, and Kennon suggests questions to ask, what specialized knowledge your adviser should know and why small-cap and junior resource equities are offering surprisingly thrilling returns.

The Gold Report: Clear Harbor Asset Management actively invests in resource equities, and it's doing so during one of the most bearish periods ever for resource equities, particularly for small-cap resource equities. Some institutions are leaving the space altogether while others are reducing their exposure. What are your plans?

Sunday, May 20, 2012

Throwing BRICS Into the Fire of Gold and Silver Investment Demand / Commodities / Gold and Silver 2012

By: Dr_Jeff_Lewis

Despite ongoing pressure from the United States for China to join its sanctions against Iran due to concerns over the Islamic country’s nuclear program, an Iranian diplomat recently revealed that new energy trades between Iran and China will be settled in China’s official currency the yuan.

Saturday, May 19, 2012

Gold Bottom is In, But is it September 2008 or October 2008? / Commodities / Gold and Silver 2012

By: Jordan_Roy_Byrne

We began the week by making a ballsy prediction about the precious metals complex. We believed a major bottom could happen this week. In the wake of the European debt crisis and potential "credit events," the precious metals became extremely oversold based on a number of metrics. Technically, we saw that Gold and Silver were nearing the December lows which produced a good rally. The gold stocks were nearing the 50% retracement of their 2008-2011 bull move. The combination of an extreme oversold condition and technical support usually produces bottoms. It wasn't a difficult call but putting it on paper was. With the low in, the question now becomes, is this an interim bottom or will it be the major low we initially expected?

Saturday, May 19, 2012

Is Major Decline in Gold and Silver Stocks Underway? / Commodities / Gold & Silver Stocks

By: Przemyslaw_Radomski

All eyes are on Greece which is heading toward national elections six weeks after the last vote. Many feel that a Greek euro exit would be a chance to cauterize a festering wound and move on. There are also those that feel that Greece could be the first of several dominoes to fall, much larger economies such as Spain, Italy, for example.

Saturday, May 19, 2012

Gold Stock Capitulation / Commodities / Gold & Silver Stocks

By: Zeal_LLC

Gold stocks have been pummeled mercilessly this month, their price action looking almost apocalyptic.  The psychological stress spawned by such extreme weakness is intense, breaking the wills of this sector’s few remaining bulls.  This week their selling cascaded into a full-blown capitulation, a mass surrender by weary investors.  While exceedingly miserable, these events flag major long-term bottoms.

Friday, May 18, 2012

This is the Gold Price Bottom / Commodities / Gold and Silver 2012

By: Casey_Research

In an interview with Louis James, John Hathaway discusses the US's economic outlook and why he's delighted by the current bearish sentiment toward gold.

Louis James: Ladies and gentleman, thanks for tuning in. We're at the Casey Research Recovery Reality Check Summit. We're talking with John Hathaway, one of the more successful fund investors – institutional investors – in our precious metals field near and dear to my heart. John, can you give us a quick version of what you talked about here, for those who didn't make it to the conference?

Friday, May 18, 2012

Whales in the Gold Market / Commodities / Gold and Silver 2012

By: William_Bancroft

Last April gold investment analysts where excited to see a new institutional player enter the gold market. The University of Texas Investment Management Co. took delivery of nearly $1bn of gold bullion into a New York vault. The reason gold analysts were so interested was because large institutional players had been largely absent from their market and their huge purchasing power had therefore not had its potentially significant positive effect on the gold price.

Friday, May 18, 2012

Gold Bulls Counterattack Sets Up Gold for Weekly Gain / Commodities / Gold and Silver 2012

By: Ben_Traynor

WHOLESALE MARKET gold prices climbed as high as $1594 an ounce during Monday morning's London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing negative ratings decisions.

A day earlier, Dollar prices to buy gold jumped 2% in two hours during Thursday's US trading.

Friday, May 18, 2012

Gold and Commodities Forming Major Long-Term Bottoms / Commodities / Commodities Trading

By: Toby_Connor

Once every year gold and stocks form a major yearly cycle low. Commodities form a major cycle bottom every 2 1/2 to 3 years. Every once in a while all three of these major cycles hit at the same time. I'm pretty sure that's what is happening right now.

Friday, May 18, 2012

Bloomberg Interview GoldCore on Chinese and Global Gold Demand / Commodities / Gold and Silver 2012

By: GoldCore

Gold’s London AM fix this morning was USD 1,588.00, EUR 1,251.08, and GBP 1,005.13 per ounce. Yesterday's AM fix was USD 1,547.00, EUR 1,217.44and GBP 974.00 per ounce.

Silver is trading at $28.53/oz, €22.55/oz and £18.12/oz. Platinum is trading at $1,465.00/oz, palladium at $603.80/oz and rhodium at $1,300/oz.

Friday, May 18, 2012

Silver Dramatic Turnaround? / Commodities / Gold and Silver 2012

By: Hubert_Moolman

Here are a few patterns that might explain the current state of the silver price, as well as, provide the possible way forward.

Below is a 6-year chart of silver (all charts generated at fxstreet.com):

Friday, May 18, 2012

Forget Peak Oil, Time To Worry About Peak Oil Labor / Commodities / Crude Oil

By: EconMatters

In a recent working paper, researchers at the the IMF (International Monetary Fund) attempt to reconcile the Peak Oil debate that whether resource constraints will dictate the future of oil output and prices, or advance in technology motivated by high oil price would eventually provide a solution to more production, as well as higher oil prices.