Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, October 24, 2011
Silver in Late Stages of Base Building / Commodities / Gold and Silver 2011
Over the past week silver has behaved as predicted in the last update, breaking down from its potential Pennant pattern and dropping gently back towards support in the $29 - $30 area, to enter our "accumulation zone" shown on its 4-month chart which turned it higher on Friday, and while the pattern could still be a bear Pennant with an amended lower boundary this is looking considerably less likely - it looks like the Pennant has aborted. It is thus thought that we are late in the base building process.
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Monday, October 24, 2011
Gold Aborts Bearish Pennant, Now Looks Strongly Bullish / Commodities / Gold and Silver 2011
Technically the picture for gold now looks strongly bullish. Action played out last week exactly as predicted in the last update with gold breaking down from its Pennant pattern AND ABORTING THE BEARISH IMPLICATIONS OF THE PENNANT, by dropping back modestly instead of plunging. It arrived back in our target zone near $1600 on Thursday and then reversed quite sharply to the upside on Friday. While nothing is guaranteed in this business and there is still a reduced chance of its being a Pennant with an amended lower boundary, this action implies that a positive QE-rich resolution of sorts of the acute problems in Europe is imminent, despite the severe and intractable problems there.
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Monday, October 24, 2011
How to Trade Gold and Oil Prices This Coming Week / Commodities / Commodities Trading
How To Trade Gold & Oil – The past couple weeks have been tough for most investors. The recent light volume rallies which have taken place in gold, oil and stocks has been generating mixed signals for technical analysts like myself. In order avoid a large draw down on your trading capital you must focus on the long term intraday charts.
What is a long term intraday chart you ask? It is simply a 4 or 8 hour candlestick or bar chart. For example the charts below in this report are 4 hour charts. So each candlestick represents 4 hours.
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Monday, October 24, 2011
The Eurozone Wags the Gold and Silver Dog / Commodities / Gold and Silver 2011
If Greece defaults and the European situation begins to spin out of control where will money flow? It would not make sense for market participants to buy Euro’s during a default regardless of whether the default it structured or not. In fact, it is more likely that European central banks and businesses would be looking to either hedge their Euro exposure or convert their cash positions to another currency all together.
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Monday, October 24, 2011
The Slippery Slope of Sliver / Commodities / Gold and Silver 2011
Silver has taken some serious beatings lately, but there seems to be a renewed optimism in the market place towards the white metal as Bloomberg reported that
Read full article... Read full article..."Investors for now are getting more bullish. As well as adding to ETP [Exchange-Traded Product] holdings, they are also buying bullion coins, with the U.S. Mint selling 4.46 million ounces of American Eagles in September, the most since January.
....Combined assets in ETPs rose 4.8 percent to 17,515 metric tons since mid-July, equal to almost nine months of mine production, the data show.
Monday, October 24, 2011
Why the Gold Price is Ripe for a HUGE Rally Soon / Commodities / Gold and Silver 2011
For centuries, gold has been recognized as one of the best way to preserve one’s wealth and maintaining its purchasing power. Even in ancient times during the Egyptians and Greeks rule, gold has served its purpose for not only for its beauty but also for the function being a means of exchange and also its power to change one’s life. As with anything that has any value attached to it, there will always be ups and downs in its price discovery mechanism.
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Sunday, October 23, 2011
Investment Approaches to the Volatile Gold and Silver / Commodities / Gold and Silver 2011
For this special report from the Cambridge House Silver Summit in Spokane, Washington, The Gold Report caught up with three silver investing experts: James Turk, chairman of GoldMoney; Andrew Kaip, vice president of Precious Metals & Mining at BMO Capital Markets; and Ian McAvity, a writer at Deliberations on World Markets. While the three didn't all agree on why silver acts the way it does, they all said that it belongs in some form in a diversified portfolio—but only for those who can handle volatility.
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Saturday, October 22, 2011
What’s Going On With Gold? / Commodities / Gold and Silver 2011
After a four-day losing streak, gold prices finally broke to the upside as the US dollar weakened. Early Friday morning, gold futures for December delivery gained $37 to reach $1,650. Meanwhile, silver futures climbed more than $1 to hit $31.50. Not only has Europe been keeping equities on edge, but also precious metals. Massive sovereign debts, along with a constant flow of conflicting headlines, have given the US dollar some newfound strength. This recent strength has been one of the factors weighing on gold and silver prices.
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Saturday, October 22, 2011
Algorithms, Bullion and Criminals: The ABC’s of Understanding Gold and Silver / Commodities / Gold and Silver 2011
At the link to the S.E.C. below – there is an archive of “fails to deliver equity” data whose original source is the DTCC [Depository Trust Clearing Corporation].
http://www.sec.gov/foia/docs/failsdata.htm
What is presented below is an analysis of September 2011 “fails to deliver” equities which are understood to represent physical gold and silver bullion in the market place. The individual instruments are aggregated on a coloured, daily gross ounce basis to show the serial and systemic nature of the DRAMATIC SHELL-GAME build in [naked] short ounce equivalents – which, when one considers the Jeffrey Christian Constant. It was back in March, 2010 – at CFTC hearings in Washington that expert testimony was given by C.P.M. Group Chairman, Jeffrey Christian where he explained,
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Saturday, October 22, 2011
Cheap Gold Stocks / Commodities / Gold & Silver Stocks
Not even mighty gold escaped late September’s commodities massacre, so gold stocks never stood a chance. They were sucked into the violent maelstrom of commodities-stock selling, plunging sharply. And as usual when gold is weak, the gold stocks amplified its downside. The result is very cheap gold stocks today, great bargains. Relative to gold, they’ve been hammered back down near panic levels.
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Friday, October 21, 2011
Gold Bullish Outlook Remains Despite Declines / Commodities / Gold and Silver 2011
Whenever gold prices rise or decline the headlines give a flavor-of-the-week reason—the dollar is up, the dollar is down, the eurozone is in trouble, it’s the latest jobs report, etc. There is no doubt that global economic conditions are inter-related and that a “butterfly flapping its wings” in one part of the world can effect gold prices. This week was no exception. This week’s decline was partly explained by news out of China. The Chinese economy, the second largest in the world, expanded by only 9.1 per cent in the third quarter, down from 9.5 per cent in the second quarter and 9.7 per cent in the first three months of the year. This is a growth rate that all countries on the planet would give their eye teeth to find in their fortune cookie. But for China it was the slowest growth since 2009. This prompted fears that the world's economic engine will slow down eating into demand for exporting countries.
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Friday, October 21, 2011
Gold Headed for Weekly Loss, Eurozone Plan Lacks Concreteness / Commodities / Gold and Silver 2011
U.S. DOLLAR gold bullion prices climbed to $1637 an ounce Friday lunchtime in London – 2.0% up on this week's low – while stocks and commodities also rallied despite ongoing uncertainty over plans to solve the Eurozone crisis.
"Gold is starting to garner some interest as some participants start to view current prices as good entry levels," says Marc Ground, commodities strategist at Standard Bank.
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Friday, October 21, 2011
US Money Supply Surges Surges 33%, Gold Heading for $10,000/oz? / Commodities / Gold and Silver 2011
Gold is trading at USD 1,623.80, EUR 1,177.95, GBP 1,027.01, JPY 124,535.72, AUD 1587.39 and CNY 10,354 per ounce.
Gold’s London AM fix this morning was USD 1,623.00, GBP 1,027.02 and EUR 1178.14 per ounce.
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Friday, October 21, 2011
Stock Market Bear is About to Sink His Teeth into Gold Miners Sector / Commodities / Gold & Silver Stocks
At this point I think it's pretty clear the general stock market is now in the initial phase of a new bear market. It's trying to generate a bear market rally over the last three weeks, but so far it's been pretty weak. That doesn't bode well once the cyclical and secular bear trend resumes.
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Friday, October 21, 2011
Gold, Silver and Miners Technicals / Commodities / Gold & Silver Stocks
These days, a lot is going on in the world. All those events have a big impact on the price of Stocks, commodities, bonds,… Let’s have a look at the major trends in Gold, Silver and Mining stocks.
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Friday, October 21, 2011
Gold and Silver Stocks Failure If Europe Should Fail / Commodities / Gold & Silver Stocks
Action yesterday across markets was bearish and set alarm bells ringing - in particular the action in the PM sector, where the Head-and-Shoulders bottom pattern that we have observed in PM sector stock indices appears to be aborting. If it does abort it will probably mean that the broad market will go into the tank, and that is precisely what we we can expect to happen if Europe should fail.
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Friday, October 21, 2011
Gold Price Fundamental Trend Forecast 2012 / Commodities / Gold and Silver 2011
If the fundamental value of gold measured in US-Dollars wasn’t a mystery before; then the past few weeks have added another dimension to the confusion.
Supposedly gold is a “safe haven”, so when the rumors of Armageddon started circulating about the Euro, the price “ought” to have gone up? It didn’t, it went down…by 20%...so much for that theory. Is the latest story that the Euro-refugees figured the 10-Year Treasury was a better bet than gold…even after the downgrade?
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Friday, October 21, 2011
Investor Opportunities in Shale Oil and Gas Drilling / Commodities / Oil Companies
After nearly 30 years as an investment banker and another 20 years providing consulting to small companies, Newport Capital Consultants Founder and President Gary Bryant knows all the ins, outs, risks and rewards of small-cap investment. In this exclusive interview with The Energy Report, he shares his knowledge on what factors push small- and mid-cap growth, as well as some surprising new business models changing the dynamics of shale drilling.
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Friday, October 21, 2011
Gold Stocks to Retest Lows / Commodities / Gold & Silver Stocks
Gold shares rebounded in line with other assets but the initial rebound has been met with more selling over the past few days. A retest of the recent lows is now inevitable. Just a few weeks ago, GDX staged an impressive intraday reversal. It gapped lower at the open and was down 7% at its lows before erasing most of its losses. GDX ultimately rallied from $51 to $58.
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Friday, October 21, 2011
Silver at Crossroads, Analysis Suggests Should Go Much Higher / Commodities / Gold and Silver 2011
Below, is my latest update to subscribers of my Premium service (14 October 2011)In a previous update on silver, I illustrated the high correlation between how gold and silver trades. Importantly, how they trade similar, at similar milestones, despite the fact that those milestones might be reached at different times.
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