Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, August 02, 2018

Gold Current Extreme Bearish Sentiment is an Excellent long-term Buying Opportunity / Commodities / Gold and Silver 2018

By: The_Gold_Report

Technical analyst Jack Chan charts the latest moves in the gold and silver markets.

Our proprietary cycle indicator is down.

Thursday, August 02, 2018

Gold GLD Update… / Commodities / Gold and Silver 2018

By: Rambus_Chartology

Just a quick update on GLD which has broken down from a 2 1/2 year triangle consolidation pattern. If we get a backtest to the bottom rail around the 119 area I will take a position in DGLD which is a 3 X short gold etf.

Wednesday, August 01, 2018

Bullish Sentiment Is In The Toilet For Gold / Commodities / Gold and Silver 2018

By: Avi_Gilburt

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun.

While I have gone on record as to why I do not think the GLD ETF is a wise long-term investment hold, I still use it to track the market movements. For those that have not seen my webinar about why I don’t think the GLD is a wise long-term investment, feel free to review this link for my webinar on the matter.

Wednesday, August 01, 2018

Coke, Meth And Booze: The Flip Side Of The Permian Oil Boom / Commodities / Crude Oil

By: OilPrice_Com

The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it’s fueling a subculture of drug and alcohol abuse among oil field workers.

The Permian shale play in West Texas is once again booming with drilling and is full of oil field workers, some of which are abusing drugs and alcohol to help them get through long shifts, harsh working conditions, and loneliness and isolation.

Wednesday, August 01, 2018

When JP Morgan Decides to Stop Shorting Silver, Prices Will Shock You / Commodities / Gold and Silver 2018

By: MoneyMetals

Mike Gleason: It is my privilege now to welcome in Ed Steer of Ed Steer's Gold and Silver Digest. Ed has covered the precious metals markets for going on two decades now, having written for Casey Research prior to his latest project, and is also a director at GATA, the Gold Anti-Trust Action Committee, where he and his colleagues work to expose the manipulation in the gold and silver markets.

Ed, it's a pleasure to have you back on, and thanks for the time today.

Wednesday, August 01, 2018

Gold Stocks’ Breakdown, Platinum’s Invalidation, Gold’s CoT and Seasonality / Commodities / Gold and Silver Stocks 2018

By: P_Radomski_CFA

And so it happened. After a breakdown that might have appeared accidental as it was triggered mostly by one company’s decline, we saw a weekly close below the key 61.8% Fibonacci retracement level in the HUI Index. There was no analogous breakdown to new lows in gold and silver, but what happened in these markets on a relative basis was even more significant.

Tuesday, July 31, 2018

What You Need to Learn When Getting Involved in Cryptocurrency / Commodities / BlockChain

By: Boris_Dzhingarov

Sunday, July 29, 2018

The Road to War: Buying Fear - Gold / Commodities / Gold and Silver 2018

By: Richard_Mills

Gold has been dropping like a stone over the last several months, and getting no relief as the summer doldrums for precious metals meander along. Historically gold’s worst month is March, with January and September the next best months to look for a rally. September is when gold demand spikes in India due to the buying of jewelry for weddings to correspond with the Diwali festival in October-November. April to July is when gold usually drops below its average monthly return.

Sunday, July 29, 2018

Gold Shorts Near Record! / Commodities / Gold and Silver 2018

By: Zeal_LLC

Gold continues to drift near summer-doldrums lows, feeding and intensifying bearish sentiment.  But an exceedingly-bullish event just happened which will ignite a major new upleg.  Speculators’ gold-futures short positions have soared near all-time record highs!  That means the recent heavy gold selling is exhausted, and massive proportional short-covering buying is imminent.  That will catapult gold much higher.

Short-term gold price action is dominated by speculators’ gold-futures trading.  This is counterintuitive as this group of traders and the capital they control are small compared to investors and their vast funds.  But the futures guys still wield wildly-disproportional outsized influence over gold.  It’s impossible to game short-term gold action if you’re not watching and analyzing speculators’ collective gold-futures trading activity.

Sunday, July 29, 2018

Conflicting Views on Crude Oil Price / Commodities / Crude Oil

By: Nadia_Simmons

Recent days were good for oil bulls. Thanks to their action, the price of the commodity came back to around $70 and one of the daily indicators even generated a buy signal. Did the outlook turn to bullish? In our opinion, it didn’t. Furthermore, it seems that a fresh July low is still ahead of us. Why? The answer is quite simple - an analogy to the past.

Saturday, July 28, 2018

Strong US Dollar Could Cap Oil Prices / Commodities / Crude Oil

By: OilPrice_Com

The strength of the U.S. dollar poses an obstacle to further gains in oil prices.

President Trump's trade war with China, which is still in its early stages, has already battered the yuan. The dollar has gained more than 8 percent against the Chinese currency since March. As Reuters points out, in dollar terms the price of Brent oil has climbed 9 percent this year, but in yuan terms oil is now nearly 14 percent more expensive.

Friday, July 27, 2018

Gold Stocks Testing Last Ditch Support / Commodities / Gold and Silver Stocks 2018

By: Jordan_Roy_Byrne

Although precious metals have not rebounded too strongly yet, the long awaited summer rally could be underway (at least in Gold). Gold is oversold and its sentiment is overly bearish. But it is holding important support in the low $1200s. Silver has begun to rally after breaking down from a triangle consolidation. The gold stocks held up well during recent carnage in the metals but are struggling around very important support levels. The nature of their potential rebound is important as they try and maintain current support.

Friday, July 27, 2018

Silver Threads among the Gold: What the Tea Leaves Seem to Be Telling Us / Commodities / Gold and Silver 2018

By: MoneyMetals

The ongoing July silver (and gold) slam has a 2008 feel about it. Important data point elements are different, but there's an air of panic on the part of physical precious metals' owners.

"Major trend lines" being broken to the downside; physical metals' buying (in the U.S. off significantly so far on the year; (some) long-term silver holders giving up the ghost and selling their metal below spot.

Friday, July 27, 2018

Supposedly Bullish Gold’s CoT Signal / Commodities / Gold and Silver 2018

By: P_Radomski_CFA

At first sight, yesterday’s session was quite boring – gold ended the session practically unchanged while silver and mining stocks were only a little higher. The USD Index was practically unchanged. But just because nothing happened in the market in terms of the daily closing prices, it doesn’t mean that we don’t have anything interesting to discuss. We do. There is a boomerang topic that just came back once again – the Commitment of Traders report for gold seems to be favoring higher gold prices as the current readings were seen at previous local bottoms. Are we going to see a CoT-driven rally shortly?

Thursday, July 26, 2018

Gold, Silver, Copper, Platinum Commodities Set Up for a Rally / Commodities / Commodities Trading

By: The_Gold_Report

Technical analyst Clive Maund provides copper, gold, platinum, silver and US dollar updates at what he calls a "key juncture."Commodities, including gold and silver, have plunged to become so deeply oversold that a snapback rally looks likely soon. This could be sharp and could trigger a wave of short covering. Such a rally is likely to be sparked by a dollar reaction, as we will see, but it is likely to be followed by further heavy losses across the sector if a general market crash ensues as expected.

We will start by looking at the latest dollar index chart, as a dollar reaction will be what ignites a commodity rally. The 2-year chart for the dollar index shows that the dollar is rounding over beneath a zone of resistance that dates back to a reversal that occurred at this level last October and November. The pattern that has formed from last July looks like a large head-and-shoulders bottom, with the right shoulder of the pattern about to form.

Tuesday, July 24, 2018

Gold & Silver Need THIS to Unfold before They Rally Sharply Higher... / Commodities / Gold and Silver 2018

By: MoneyMetals

Mike Gleason: It is my privilege now to welcome in Greg Weldon, CEO and president of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and his close connection with the metals led him to author a book back in 2006, titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit market and urged people to buy gold when it was only $550 an ounce.

He's a regular presenter at financial conferences throughout the country, and is a highly sought-after guest on many financial shows. And it's always great to have him on the Money Metals Podcast. Greg, good to talk to you again. Welcome back.

Monday, July 23, 2018

The Global Cannabis Market Is Set To Explode / Commodities / Cannabis

By: OilPrice_Com

As the global marijuana industry booms, one little company has just hit a huge payday.

Scythian Biosciences Corp. (TSXV: SCYB.V; OTC:SCCYF) is a tiny company with a big secret: a way to turn cannabis assets across the world into investments worth hundreds of millions.

The company is making a transition from biosciences to investment, and it’s just struck it rich.

Scythian has accomplished a huge coupe: it’s agreed to sell its assets in Jamaica and Latin America to Aphria, the marijuana giant, for $193 million.

 That’s because weed is GLOBAL. It’s much, much more than Canada and the US.

Sunday, July 22, 2018

You Buy the Fear in Gold / Commodities / Gold and Silver 2018

By: Gary_Tanashian

This article does not speak to gold’s proper fundamentals, which are not yet very healthy (although some positive signs are finally gathering). For the proper counter-cyclical atmosphere to engage gold bulls would need have risk ‘on’ markets and assets crack. Yet, gold’s (and silver’s) price may well bottom before readily obvious fundamental improvement is apparent to a majority (as was the case in Q1 2016). 

Far too much analysis is put out there linking gold with inflation. It is true that gold often acts as an effective inflation hedge, but it all too often fails in that capacity.

Far too much analysis is put out there linking gold with war, terror, pestilence and other conditions of human suffering. The surest way to spot a gold promoter, if he is not pumping inflation, is his pitch for gold as a disaster hedge. Yes okay, and I have a little Unibomber shack in Montana to sell you too.

Thursday, July 19, 2018

Gold Market Signal vs. Noise / Commodities / Gold and Silver 2018

By: Jordan_Roy_Byrne

In his book Nobody Knows Anything, my friend Bob Moriarty wrote about the difference between signal and noise. Unfortunately, much of the information in the gold space or what passes for such is really noise. Conspiracy theories around manipulation, price suppression and China are all too popular while important factors like real interest rates, investment demand and gold’s relationship to equities are neglected. At present the Gold market has experienced a critical breakdown yet in some circles a new theory and explanation is gaining traction.

Thursday, July 19, 2018

Don’t Get Too Bullish on Gold / Commodities / Gold and Silver 2018

By: Troy_Bombardia

Gold has been getting crushed recently, and now sits near several support levels.