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Copper Is Getting Slammed Rob WileApril 19, 2013 Copper futures are down more than 2.5 percent and are poised to see their largest decline in 16 months, Dow Jones' Francesca Freeman writes. The sell-off came after a report that Zambia, Africa's largest producer, resumed shipments after a two-week halt because of a railroad accident, she says. Investing.com Other commodities were mixed. Gold and oil were trading slightly higher, while natural gas was down.

Why I Still Want To Own As Much Gold As Possible Commodities / Gold and Silver 2013April 18, 2013 - 03:02 PM GMT By: Bill Bonner Whoa! This is getting interesting... Gold crashing on Monday. Slight recovery yesterday. Stocks crashed on Monday too. Now surging. What happened to gold? No one knows. There were reports of a 124.4 ton sell order from an investment bank on Friday morning. But from whom? Why? Nobody knows. From Bloomberg: The CME's Comex unit is making it more expensive for speculators to trade after gold fell the most in 33 years today, dropping to...

Don’t Buy Gold By Greg Guenthner 04/17/13 Gold’s dropping. You want to buy. But wait just a minute… Is your desire to buy gold now based on reasonable analysis of market conditions? Or is it simply an emotional reaction to the selloff? Let’s turn to one of your letters for some answers: “Short-term I can understand your premise on gold,” writes a somewhat reasonable reader. “Markets are doing well so people head in that direction. But for the long-term, I’m a buyer. I think there’s a lot of inflation coming. So I’ll slowly buy in expecting lower priced and will...

Copper Is Looking Ugly Tonight Joe WeisenthalApril 17, 2013, 9:05 PMOne of the big ongoing stories is the selloff in commodities. Gold is the most notable loser, but industrial ones like oil and copper are taking a beating too. Copper fell all day, and continues to be weak into the evening. From FinViz:FinViz

Will Silver Price Keep Falling? Commodities / Gold and Silver 2013April 17, 2013 - 05:41 PM GMTPeter Krauth By: Money Morning As gold prices plummeted $200 in two days, silver prices fell about 14%, or $4, to below $24 an ounce. Our Money Morning resources expert Peter Krauth explained the reasons behind gold's fall, so we went back to him to find out the deal with silver prices. Will silver keep falling? Is it a buy at the lower levels? Here's what Krauth offered for investors. Money Morning Staff: Peter, are silver prices falling because gold fell, or are there...

WAKE UP!Karl DenningerApril 17, 2013 I've been warning people that all is not well in the world. This morning I'm standing on the red button. We are, right here and now, sitting on key support for copper. If it fails, and given the pattern I believe it will, we're going under $3 and could see an all-on crash in copper prices. Why is this important? Because it's a measure of industrial demand -- that is, industrial production on a global basis. Europe is a damned basket case. That their markets haven't collapsed are testament to the litany of lies promulgated...

“Watch The Metals, When They Dip. It Will Be A Good Indication That Things Are About To Happen.” Mac Slavo April 15th, 2013 As of this print the price of gold is reaching fresh two year lows, down nearly 25% from its all time high just six months ago. Though uninformed onlookers and financial pundits may see this as the popping of the proverbial gold bubble, the velocity and scale of the take-down in precious metals suggests that there is a massive assault in the works. According to former Assistant Treasury Secretary Paul Craig Roberts, last Friday’s price drop was...

Gold Slumps More Than $85 To Two-Year LowGold futures fall, extending their dive into bear-market territory, and prices for industrial metal copper suffer following economic data from China that fall short of expectations. By Barbara Kollmeyer April 15, 2013 LONDON (MarketWatch) — Gold futures slumped more than $85 to their lowest level in over two years on Monday, as the metal dropped through key technical support levels, while the broader metals complex sank after disappointing Chinese data sparked worries of industrial metals demand. Gold for June delivery tumbled $87.40, or 5.8%, to $1,413.80 an ounce, but had dropped to as...

Gold And Silver Are Getting Hammered Again Joe WeisenthalApr. 14, 2013, 9:55 PM One of the big stories from last Friday was the sharp decline in gold and silver. And that's continuing today. Here's gold. It's now below $1460/oz. And here's silver. It's fallen below $25/oz.

Silver Prices, Inflation And Living With The Long TermM Commodities / Gold and Silver 2013Apr 12, 2013 - 03:53 PM GMT By: Dr Jeff Lewis Short term anxiety in the silver market tends to play into the hands of the mainstream financial media that loves to cherry-pick data in order to support the sentiment flavor of the day. This sentiment is normally biased against holding hard assets like silver, resulting in them being misunderstood or scorned. Furthermore, as the trading range for silver widens and awareness grows of silver as an investment vehicle, more people will have bought the metal...

(Kitco News) - Investors looking for a reason behind Friday’s dramatic selloff in gold should look no further than the European Central Bank and its president Mario Draghi, says Vince Lanci, managing partner at Cameron Hanover. During a press conference Friday, Draghi said that while Cyprus doesn’t have to sell its gold, any money that is raised from the sale must go towards covering the losses from the emergency loans to country’s banks. In Friday’s edition of Reset Lanci said, Draghi’s message was fairly clear “sell your gold or you are not going to get the money.” “That spurred a...

<p>CNBCs latest All-America Economic Survey of 800 Americans, showed that gold is the most preferred asset class among investors.</p> <p>35 percent think gold is the best investment as of March 2013, down from 37 percent last year. Real estate and stocks came in second and third respectively.</p>

SocGen: Gold Is Going To Tank To $1,375 This Year Mamta BadkarMarch 21, 2013Over the last 20-years, gold has shown zero correlation with stocks and bonds, and had therefore become a favorite in terms of diversifying the portfolio, according to Societe Generale. But SocGen analysts Alain Bokobza and Roland Kaloyan think "The Gold Rush Is Over". Gold is well off it's 52-week high of $1,802. And the analysts expects gold to fall 15 percent from its spot price to $1,375 per ounce by year end. This is more bearish than the consensus view which is 30 percent above SocGen's, with...

It’s Time to Sell Copper By Greg Guenthner 03/19/13Dr. Copper is crumbling. The versatile industrial metal best known as a bellwether for worldwide economic growth has finally hit the skids… I warned you last month that copper was fast approaching an important inflection point. Now, the Cyprus crisis was kind enough to tip copper over the edge. It fell hard in late Sunday trading from $3.50 to $3.44. The massacre continued into Monday. When the dust settled, copper found itself nearly a dime below critical support… Yet while the world economy appears poised for a slowdown, U.S. stocks continue to...

U.S. Government Investigation Of Gold Price Manipulation Commodities / Gold and Silver 2013March 15, 2013 - 04:16 PM GMT By: Midas Letter Yesterday, the Commodity Futures Trading Commission, the regulator who ostensibly regulates the banks and major financial institutions who participate in the futures and commodities trading business, announced they were going to examine whether prices are being manipulated in the “world’s largest gold market”, according to a story in the Wall Street Journal. For long time observers of the gold price and the fundamental and not-so-fundamental influences on its price movements, the announcement might have elicited a gasp of...

“Sorry, No Gold Today… We Sent It To China” By Addison Wiggin 03/11/13 “The central banks’ gold is likely gone, and the bullion banks that sold it have no realistic chance of getting it back” Eric Sprott tells us. He also says that these “bullion bank” intermediaries are probably turning around and selling their gold to China. China, by the way, is the mostly likely catalyst to set off the “zero hour” scenario we told you about on Friday…(Article is linked below) We’ve chronicled China’s ongoing gold grab here at Agora Financial — going all the way back to April...

The “Zero Hour” Scenario By Addison Wiggin 03/08/13 “Possession is nine-tenths of the law” —from a Scottish expression It’s a Sunday night. October 2013. Parents are making sure the kids’ homework is done. Football fans are settling in for the night’s NFL matchup. Reigning champs, Baltimore, are about to lose. And all hell is breaking loose in the precious metals markets. Moments before electronic trading opened at 6 p.m. EDT, Commodity Exchange Inc. — the Comex — announced it would settle a large gold contract in cash and not gold. To be blunt about it, the Comex has defaulted on...

GOLDMAN: The Gold Market Selloff Is About To Accelerate Matthew Boesler February 25, 2013, 3:57 PM Last week, gold came under heavy fire from the sellers. The shiny yellow metal fell below the $1600 mark for the first time in a while, and it even hit the "death cross" – a technical indicator formed when the 50-day average gold price dips below the 200-day average – indicating rapidly deteriorating sentiment. After all of that, gold is rebounding nicely today. Right now, it's trading up around 1.4 percent against the dollar at $1595 per ounce. Nonetheless, Goldman Sachs, which has put...

Against the Odds, Gold Slips Again By Greg Guenthner 02/13/13 I’ll cut right to the chase… Gold is set to drop to $1,550. The spot price briefly dipped below $1,640 early yesterday, posting new five-week lows. It rallied back above $1,650 by the end of the day — but the damage is done. After a weaker push last summer that failed to break $1,800, gold has consistently trended lower for more than four months. Yesterday’s brief breakdown is just advance notice that lower prices are in store for gold in the near future… Looking back over the past two years,...

How To Profit From A Potential Doubling In Copper Prices Commodities / CopperFebruary 06, 2013 - 08:30 AM GMT By: Daily Wealth "I think copper has at least 50% upside from today's price..." legendary analyst Adrian Day told me recently. "I wouldn't be surprised to see the price double by the end of the decade." When Adrian talks commodities, I listen... He's written his Global Analyst newsletter for over 25 years. At one time, it was one of the most popular investment letters in America, with over 60,000 subscribers. And for a decade now, he has focused on commodities for...