Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, August 25, 2017

The Truth About Bundesbank Repatriation of Gold From U.S. / Commodities / Gold and Silver 2017

By: GoldCore

– Bundesbank has completed a transfer of gold worth €24B from France and U.S.
– Germany has completed domestic gold storage plan 3 years ahead of schedule
– In the €7.7 million plan, 54,000 gold bars were shipped and audited
– In 2012 German court called for inspection of Germany’s foreign gold holdings

Friday, August 25, 2017

Will the Fuel Cells Vehicles Save Platinum and Palladium? / Commodities / Platinum

By: Arkadiusz_Sieron

Although everyone agrees that the electric revolution is looming, there is no consensus about the pace and the detailed form of the upcoming shifts in the automotive industry. In particular, some miners and analysts believe that fuel cell cars will spur or at least support the demand for platinum and palladium. For example, the world’s three largest platinum producers (Anglo American Platinum, Impala Platinum and Lonmin) invested in projects related to fuel cell technologies. Indeed, the white metal is used in catalysts in fuel cells vehicles, where power comes from combining hydrogen and oxygen over a platinum catalyst. The game is definitely worth the candle: today’s fuel cell cars need a full ounce of platinum versus a 2-4 grams PGM loading for the average gasoline or diesel vehicle.

Friday, August 25, 2017

Gold Price Is Forming Triangle Pattern / Commodities / Gold and Silver 2017

By: Franco_Shao

After touching 1.3000 important psychological level, XAUUSD pulled back from 1300.82 and formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation of the uptrend from 1204.77, another rise could be expected after the consolidation.

Friday, August 25, 2017

Are Precious Metals About To Go Parabolic? / Commodities / Gold and Silver 2017

By: Avi_Gilburt

With the metals providing us with the pullback we were expecting in our report last weekend (Aug 12-13), they continued to push higher from that pullback. Moreover, the structure continues to look quite bullish. However, the only question the market has yet to answer is if we see one more drop before the parabolic rally commences, or if we simply begin to rally strongly from here.

Friday, August 25, 2017

Gold versus Bitcoin BTC / Commodities / Gold and Silver 2017

By: SurfCity

I don’t want to start a religious war here but clearly in 2017, BitCoin has vastly outperformed Gold as my first chart shows. I am still very positive that Gold and the PM sector will have its time in the sun again, but GBTC has given me another asset to trade while Gold and PMs have largely consolidated sideways for most of the year.

That said, the move in BitCoin appears to me to be in Wave 5 of an Elliott Wave pattern which will lead to a major top. Once it tops, according to Mr. Elliott, we will very likely see an ABC correction which will move price much lower than most expect. That is what is needed to re-set investor sentiment to bearish so the next leg up can begin. My second chart on GBTC shows the Wave 3 and 5 Parabola’s on the chart. These never end well but I will be doing my best to squeeze as much out of this Wave 5 move as I can.

Friday, August 25, 2017

Crude Oil – Declining Inventories vs. Climbing Production / Commodities / Crude Oil

By: Nadia_Simmons

On Wednesday, light crude gained 1.21% after the EIA weekly report showed declines in crude oil and gasoline inventories. As a result, the black gold came back above the lower border of the trend channel, but can we trust this increase?

Friday, August 25, 2017

Grant Williams: History Is About to Repeat Itself Again… and It Might Get Ugly / Commodities / Gold and Silver 2017

By: HAA

Shannara Johnson writes: Grant Williams believes that the 76 million retiring Baby Boomers will trigger a major pension crisis. He should know, because he’s been studying financial history and telltale crisis patterns for nearly two decades.

“With that potentially bad situation we could face,” the seasoned asset manager and co-founder of Real Vision TV said in a recent Metal Masters interview, “holding physical metal, somewhere safe, somewhere outside the banking system, is just a sensible precaution to take.”

Thursday, August 24, 2017

The Next Oil Price Spike May Cripple The Industry / Commodities / Crude Oil

By: OilPrice_Com

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the one hand, there is the view that the price of oil will be "lower for longer", or even "lower forever", as the electrification of transport will eat away at oil demand more and more while, at the same time, technological innovation (shale in particular) will greatly increase economically recoverable resources. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields, development of greenfields, and exploration for new resources.

Thursday, August 24, 2017

Conspiracy Theorists Can Relax! Steve Mnuchin Peers Through Ft. Knox Window And Confirms Gold Is Still There! / Commodities / Gold and Silver 2017

By: Jeff_Berwick

Imagine it was 1937 and you stored your gold with someone… let’s call them Uncle Sam.

After about 20 years you told Sam that you’d like to see the gold and make sure it was still there. He said sure; you can come and take a quick look. And you did… and you were satisfied that it looked like the gold was still there.

Decades then went by… more than 40 years in fact… and you told Sam that you’d like to make sure the gold is still there.

Thursday, August 24, 2017

China's Get the Gold Plan: Part II / Commodities / Gold and Silver 2017

By: MoneyMetals

By David Smith : Money Metals readers may remember my November 2014 report in which I discussed how gold flowed into China in "tributary fashion" like small streams flowing into a giant one. In this case, the gold has been streaming into China's increasingly massive thousands-of-tons gold hoard.

In January, 2015, I penned an essay titled "China's Global Gold Supply "Game of Stones" outlining China's long-range goal to dominate the world's physical gold market.

Thursday, August 24, 2017

Urgent: “Double Play” Energy Profit Scenario Is Now Rapidly Unfolding / Commodities / Lithium

By: WallStreetNation

Wednesday, August 23, 2017

Global Financial Crisis 10 Years On: Gold Rises 100% from $650 to $1,300 / Commodities / Gold and Silver 2017

By: GoldCore

– Gold up over 100% in major currencies since financial crisis
– Gold up 100% in dollars, 124% in euros and surged 200% in sterling 
– Gold has outperformed equity, bonds and most assets
– Gold remains an important safe-haven in long term

Tuesday, August 22, 2017

U.S. Treasury Secretary: "I Assume Fort Knox Gold Is Still There" / Commodities / Gold and Silver 2017

By: GoldCore

• US Treasury Secretary Steve Mnuchin visits Fort Knox Gold
• Later tweeted ‘Glad gold is safe!’
• Only the third Treasury Secretary to visit the fortified vault, last visit was 1948
• Last Congressional visit was 1974
• Speculation over existence of gold in Fort Knox is rife
• Concerns over Federal Reserves lack of interest in carrying to an audit on gold
• Gold was last counted in 1953, nine years before Mnuchin was born
• Mnuchin may be looking to prevent countries and states from worrying about and repatriating their gold

Tuesday, August 22, 2017

Lightening-Fast COT Reversal: Now Fairly Bearish For Gold And Silver / Commodities / Gold and Silver 2017

By: John_Rubino

That didn’t take long at all. Just a few weeks after the Commitment of Traders (COT) Reports for gold and silver turned positive – setting off a nice rally in both metals’ prices – this indicator has flipped back to strongly negative.

In gold especially, speculators (always wrong at big turning points) have loaded up on long futures contracts while closing out their short positions. The commercials (always right at big turning points) have done the opposite, closing out long positions and going aggressively short.

Tuesday, August 22, 2017

The Bear Market in Oil Sector Continues / Commodities / Oil Companies

By: The_Energy_Report

Technical analyst Jack Chan charts the latest moves in the multiyear bear market in oil and gas.

Monday, August 21, 2017

What’s Next For Gold? Its All About The U.S. Dollar / Commodities / Gold and Silver 2017

By: Kelsey_Williams

What’s next for gold? Seems like a fairly simple question. Unfortunately, it  is nearly impossible today to get a simple answer.  That’s the problem. 

Why is that? And, if we can find a simple, straight-forward answer, how do we know the answer is correct?

Perspective and intent are factors.  But so are logic and accuracy.

Monday, August 21, 2017

Gold’s Sudden, Newfound Relative Strength / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

Three weeks ago we discussed how Gold needed to perform considering the US$ index was likely to bounce due to an oversold condition and extreme bearish sentiment.

We wrote: “Simply put, Gold will have to prove itself in real terms if it is going to hold its ground or breakout as the US$ begins a likely bounce.”

Sunday, August 20, 2017

Gold is a coiled spring… the breakout is here, fundamentals are in place, technicals are compelling / Commodities / Gold and Silver 2017

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 even authored a book 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 highly sought-after presenter at financial conferences and is a regular guest on financial shows throughout the world.

Sunday, August 20, 2017

A Midsummer Night's Dream: Buy Gold and Silver / Commodities / Gold and Silver 2017

By: The_Gold_Report

Precious metals expert Michael Ballanger discusses the seasonality of gold and silver, and the metals' relationship with Bitcoin. Each year since 1987, I have always used the final two weeks of the month of August as a shopping period in a manner not unlike the “Back-to-School” kind only the wares I seek are junior precious metals stocks as opposed to school uniforms, pens, and books. It began after I had been speaking with one of the finest brokers I had ever had the opportunity to know, Edmonton’s late George Milton, whose claim to fame was being the early financier for Bre-X (Not to worry, he and the bulk of his clients were long gone by the time the fraud was revealed). George would tell clients around mid-May to raise cash because after June 1, he would be AWOL. Because there were no cell phones, internet, text messaging or Twitter, that meant that George would be out-of-contact until mid-August and, true to form, on August 15^th, he would arrive at the office, open his Rolodex, and begin to call clients. By the time mid-August arrived, the first shares he would buy were the ones he sold in mid-May and amazingly, 90% of those names had fallen 50% (or more) due to the illiquidity and disinterest so typical of the June-July period in the Canadian junior mining markets. He would spend the next two weeks accumulating his list and then watch as the mid-September reversal of fortune arrived with heightened liquidity and interest and prices paid for his late summer shopping spree would advance.

Sunday, August 20, 2017

Gold Mining Stocks 2017 Fundamentals / Commodities / Gold and Silver Stocks 2017

By: Zeal_LLC

The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally.  This vexing consolidation has left a wasteland of popular bearishness.  But once a quarter earnings season arrives, bright fundamental sunlight dispelling the obscuring sentiment fogs.  The major gold miners’ just-reported Q2’17 results prove this sector remains strong fundamentally, and super-undervalued.

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, some companies still partially report quarterly.