Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, September 06, 2018
Gold-Acquiring Foreign Powers Put Petro-Dollar in Jeopardy / Commodities / Gold and Silver 2018
President Donald Trump’s administration is playing a game of high-stakes international chess with Russia, Iran, Turkey, China, and other countries viewed as adversaries in trade and geopolitics.
It’s not necessarily the case that tariffs, sanctions, and blustering will result in a hot war. More likely, escalating strife between the U.S. and a bloc of much more populous adversaries will push them to unite more closely to undermine and ultimately dethrone King Dollar.
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Thursday, September 06, 2018
Are Bitcoin and Gold Bottoming? / Commodities / Gold and Silver 2018
Bitcoin plunged from 7385 to 6830, or 7.5%, Wednesday in reaction to a Business Insider report that Goldman Sachs has decided to drop a year-ago decision to create a crypto-currency trading desk.
Apparently, Goldman is "uncertain" about the regulatory environment. Hmm, really? Since when has Goldman shied away from forging a new path while it influences the architecture of a new regulatory environment?
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Wednesday, September 05, 2018
Precious Metals Sector Now on a Long-term Sell Signal / Commodities / Gold and Silver 2018
In his weekly precious metals market update, technical analyst Jack Chan charts the latest moves in the gold and silver markets.
Our proprietary cycle indicator is down.
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Wednesday, September 05, 2018
Why Would You Even Think About Buying Gold? / Commodities / Gold and Silver 2018
Gold is a relic of the past. There is no interest from the millennials for gold. The cryptocurrencies are taking demand away from gold. Central banks have been selling gold over the last few years. Interest rates do not support a rally in gold. Gold funds have been closing of late, which evidences the lack of demand for gold.
We have heard so many reasons as to why no one should buy gold. In fact, the people you speak with about gold either view it with disgust (those who own it) or complete indifference (those who do not).
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Wednesday, September 05, 2018
Gold and Silver’s Stormy September / Commodities / Gold and Silver 2018
There were only a few analyses that we started with a quote, and there were even fewer that we began by quoting a song. It may even be the first one ever.
I am the storm and I am the wonder
And the flashlights, nightmares
And sudden explosions
- Royksopp, “What Else Is There”
And you will have all the above in September. At least if you’re going to pay attention to gold, silver and mining stocks.
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Tuesday, September 04, 2018
Gold Price Analysis: 3 Ideas Make Tough Trading / Commodities / Gold and Silver 2018
If you have been following Gold over the last few years you are probably frustrated like most Gold bulls are, essentially Gold and Gold stocks have gone nowhere for the past two years, although you could argue that the many Gold stocks have a downwards bias the past two years, but Gold is still above the Dec 2016 lows.There are a number of patterns that I am currently watching and no one idea has a strong foothold, although if any upside fails to move above $1340, then it will make a better case for Idea 3 and a large triangle has been in progress over the last 2 years.
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Monday, September 03, 2018
Super Bullish Gold and Silver Set-Up Does Not Bode Well for the US Dollar / Commodities / Gold and Silver 2018
Technical analyst Clive Maund charts gold and silver and finds some positive signs. If you want to understand the great mass of investors, you don't need to spend hours reading a book written about a hundred years ago, the best way way to do it is to treat yourself to some time watching sheep. You can even make something of a vacation of it by going along to a sheep dog trial, such as the classic ones held on the English–Welsh borders in the heart of sheep country or in New Zealand. It's a fun day out and you can learn from chatting with the farmers, and more to the point, you can learn a lot about investors by watching the sheepdogs and the sheep—all you have to remember is that the sheepdogs are the Smart Money and the sheep represent the great mass of investors, the so-called Dumb Money. If you do go to the sheepdog trials on the English–Welsh borders, remember to tag on a day or two to visit nearby Hay-on-Wye, which is stuffed full of secondhand bookshops where you can find some great old books, and mercifully very few of them are written in Welsh.
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Monday, September 03, 2018
Silver Mining Stocks SIL ETF Q2’18 Fundamentals / Commodities / Gold and Silver Stocks 2018
The major silver miners’ stocks have been thrashed, pummeled to brutal multi-year lows. They suffered serious collateral damage as silver plunged on gold’s breakdown, driven by crazy-extreme all-time-record silver-futures short selling. All this technical carnage left investors reeling, devastating sentiment. The silver miners’ recently-reported Q2’18 results reveal whether their anomalous plunge was justified fundamentally.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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Sunday, September 02, 2018
Gold is the Sun, and an Anchor / Commodities / Gold and Silver 2018
The ‘Gold as Inflation Hedge’ Canard
On the one hand you have the sons of Harvey & Erb, who called gold to $800/oz. and caused a stir in the gold “community”. Per Campbell Harvey in this video with Kitco’s Daniella (dig the flowing golden locks of hair)…
“Gold is just too volatile” to be an effective inflation hedge.
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Saturday, September 01, 2018
Upside Targets for Gold, Gold Stocks & Silver / Commodities / Gold and Silver 2018
After a vicious selloff precious metals have stabilized. Its not a surprise given the breadth and sentiment extremes we noted and had predicted earlier. Although recent gains have met some resistance, the immediate path of least resistance should be higher. Let’s take a look at the key support and resistance levels for the metals and the miners.
Gold has retreated after hitting $1220/oz a few days ago. That was the first area of resistance for this rebound. The next resistance level would be around $1235. If Gold can surpass $1235 then look for a move up to $1260. There is very strong resistance above $1260 while $1180 should be strong support.
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Saturday, September 01, 2018
Silver DSLV 3X Short ETF Chartology / Commodities / Gold and Silver Stocks 2018
Today DSLV 3 X short silver etf, is breaking out from a possible bearish falling wedge. I’m going to take an initial position and buy 150 shares at the market at 34.74 with the sell/stop on a daily close below the 50 day ema which is currently at 30.06. ZSL is a 2 X leveraged etf if you don’t want all the leverage. DSLV can be pretty volatile so take small bites. A backtest to the top rail would come into play around the 34.15 area for a slightly lower risk entry point.
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Friday, August 31, 2018
Are Silver and Gold 'at the Flood'? / Commodities / Gold and Silver 2018
There is a tide in the affairs of men...
Thus, begins one of the most famous quotes ever uttered, taken from Shakespeare's play, Julius Caesar. Brutus, talking to Cassius, says, "There is a tide in the affairs of men. Which taken at the flood, leads on to fortune..."
A flood tide takes place at the very crest in the water's height. Once the "tide turns," there is no stopping its ebb until, much later, it reaches an extended, even a minus low.
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Friday, August 31, 2018
The Final Gold Bull Market Confirmation Is Very Close / Commodities / Gold and Silver 2018
We are getting very close to what I believe is the final confirmation of the coming multi-year gold bull market. Although it is very clear that gold is going higher from around these levels, a move pass the $1375 area would be that final confirmation, based on the update of this previously shown comparison:
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Friday, August 31, 2018
Eleven Reasons Why I Am Super Bullish On Gold and Silver. / Commodities / Gold and Silver 2018
The Ducks are Lining Up!
This chart is courtesy Real Investment Advice.com and borrowed from a recent article: ‘Wicksell’s Elegant Model’. The brown areas in the chart highlight the periods when ‘real rates’ were and are negative. Gold tends to perform best during those periods.
Friday, August 31, 2018
How to Invest in The Farming and Agriculture Industries / Commodities / Agricultural Commodities
Agriculture is always a solid choice to invest. People always need to eat no matter the current economic outlook. This is why many people consider agricultural investments to be recession proof. The good news is that you don’t actually have to own a farm to invest in them. Here is a look at how to invest in farms, all without having to actually own one.
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Wednesday, August 29, 2018
Preparing for THE Gold Price Bottom - Buy-and-Hold on Steroids / Commodities / Gold and Silver 2018
All investors start their adventure in the capital markets with dreams of immediate wealth, luxurious cars, yachts, holidays in five-star hotels and making all the people around happy in a million ways. Virtually all investors have to lose a lot of money before they learn hubris and realistic expectations. Some give up investing completely, others become very conservative and claim that you can only count on long-term buy-and-hold types of investments.
Some of the people who survive the first – unavoidable – losses never give up their initial dreams and continually seek ways to make them come true. Are they doomed to fail spectacularly over and over again? Skeptics will say that searching for the Holy Grail of speculation has no sense and that the market is simply a complicated tool to drain naive investors of their capital. Enthusiasts, on the contrary, will try to convince you not to listen to the skeptics since you shouldn’t “blame the floor if you can’t dance.”
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Wednesday, August 29, 2018
Gold and the Great Stage of Fools / Commodities / Gold and Silver 2018
Gold prices briefly traded above $1200 on Wednesday due to the legal and political troubles facing Donald Trump following the Paul Manafort guilty verdict on Tuesday. Kitco’s Jim Wykoff reports:
Wednesday saw some trader and investor anxiety as Trump is in some hot water. Two of his close associates are likely going to jail. This has added a bit of uncertainty to the world marketplace at mid-week. There is talk Trump could pardon those associates, or that he could be impeached. And the mid-term congressional elections are right around the corner.
Gold actually climbed for five straight sessions on US dollar weakness, giving some relief to gold bugs shell-shocked by the $1174 low hit on August 22 – the worst level since January 2017. The metal of kings on Wednesday finished above the psychologically important $1200 an ounce, with gold futures trading at $1202.90, though the spot price stayed under, at $1189.70. Gold had a mini-rally on Friday, hitting $1208 an ounce (at time of writing) on comments from Fed chair Jerome Powell that the central bank is committed to gradually, not suddenly, raising interest rates.
Unfortunately however, it doesn’t look like there’s much light at the end of gold’s tunnel which has seen an especially dark summer. Minutes from the Federal Open Market Committee held July 31 to August 1 signalled that the Federal Reserve is likely to raise interest rates next month due to what it deems solid economic growth.
Wednesday, August 29, 2018
What Would Impeaching Trump Mean for Gold and Silver? / Commodities / Gold and Silver 2018
Clint Siegner : Robert Mueller appeared to be spinning his wheels for the last year and a half. But recent prosecutions of prominent Trump campaign figures now have Democrats giddy over the possibility of being handed grounds for impeachment.
Tasked with investigating whether or not Donald Trump and people working for him colluded with the Russians during the presidential campaign, the special counsel finally got some traction last week.
Wednesday, August 29, 2018
US Dollar vs. Other Currencies and Gold / Commodities / Gold and Silver 2018
Investment advisor Jayant Bhandari, in this conversation with Maurice Jackson of Proven and Probable, discusses recent moves in the U.S. dollar, the role of gold, and several arbitrage opportunities he sees.
Maurice Jackson: Welcome to Proven and Probable. I'm your host, Maurice Jackson. Joining us is Jayant Bhandari, the host of the highly acclaimed Capitalism & Morality seminar, and a prominent, sought-after advisor to institutional investors. Today we will discuss geopolitical events between the United States and third world nations.
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Tuesday, August 28, 2018
Silver Price Forecast 2018-2019 - These Indicators Are Predicting New All-time High Silver Prices / Commodities / Gold and Silver 2018
The Dow/Gold ratio is a very reliable measure for where we are on the long-term economic timetable. It allows for an accurate reading of key economic conditions that are present at a particular period of time.
With regards to silver, the period after a Dow/Gold peak is generally great conditions for silver prices. After every major Dow/Gold ratio peak over the last 100 years, silver has gone to new all-time high prices, except for the period since the 1999 Dow/Gold ratio peak (see the silver vs Dow chart below:)
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