Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, April 28, 2017
Fed's Third Inetrest Rate Hike and Gold / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
This time, the U.S. central bank did not make us wait too long for the next hike. Just three months after the hike in December, the Fed moved interest rates up again. Although the pace of the current tightening cycle is extremely gradual, the U.S. central bank is consistently moving away from the zero interest rate policy. The chart below shows the current level of the effective federal funds rate after all three hikes.
Friday, April 28, 2017
Looking for Epic Signs? Enter Silver / Commodities / Gold and Silver 2017
By: P_Radomski_CFA
In yesterday's alert we wrote that the reversal in the precious metals market should once again not be taken at its face value and that one should not overreact based on it as the size of the potential rally was limited. Well, it turned out that "limited rally" was an euphemism for a decline. Gold, silver and mining stocks declined once again despite the previous day's reversal and gold stocks confirmed the breakdown below the key support line. The implications are strongly bearish. However, there's something ever more bearish and much more profound.
Friday, April 28, 2017
BOOM! Bitcoin Price Blasts To New All Time High! / Commodities / Bitcoin
By: Jeff_Berwick
Having followed bitcoin since it was $3 in 2011 we have had many, many “all time high” celebrations.
Breaking $10 was a small celebration. Breaking $100 had us cheering and buying a round of drinks at the bar. And, when it broke $1,000, TDV subscribers were heard around the world buying sports cars and yachts.
But with bitcoin breaking above $1,325.00 to hit an all time high of $1,331.31 on CoinDesk’s Bitcoin Price Index (BPI), this is a memorable one.
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Friday, April 28, 2017
Misunderstanding GDXJ: Why It’s Actually Great News For Junior Miners / Commodities / Gold & Silver Stocks 2017
By: John_Rubino
Something extraordinarily good for junior precious metals miners just happened. But for some reason it’s being misinterpreted as a bad thing. Here’s the general story:
Thursday, April 27, 2017
This is the Bottom in The Gold Miners - GDX and GDXJ / Commodities / Gold & Silver Stocks 2017
By: Submissions
Zach writes: This is the bottom in gold mining ETFs GDX and GDXJ. How can I say that so confidently, I hear you ask?
The charts are talking to us...Here goes...
1. We are seeing bottoming tails on the Daily chart of both GDX and GDXJ, which indicates a bottom - in conjunction with other factors.
2. We are into 75% fib levels, which are very reliable levels of support in the case of the gold miners.
Thursday, April 27, 2017
Gold and Silver in a Dangerous World / Commodities / Gold and Silver 2017
By: Submissions
Peter Ginelli writes: Since the inauguration of President Trump, it appears that nearly every morning we wake up to a new major political crisis at home and around the globe. From Syria to North Korea, Russia, Iran, ISIS and beyond, the world has become an increasingly dangerous place to live or invest in.
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Thursday, April 27, 2017
An Even More Bullish Wave Count for GOLD! - Daily-Elliott-wave-analysis / Commodities / Gold and Silver 2017
By: Enda_Glynn
USDJPY
My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: BOJ Outlook Report, BOJ Policy Rate, BOJ Press Conference. Household Spending y/y. USD: Unemployment Claims, Core Durable Goods Orders m/m, Pending Home Sales m/m.
Wednesday, April 26, 2017
This Event Could Lead To A Collapse Of The Euro… And Send Gold Skyrocketing / Commodities / Gold and Silver 2017
By: HAA
Stephen McBride : The first round of the French presidential election takes place this Sunday, April 23… and the future of the European Union depends on the outcome.
Establishment candidate Emanuel Macron leads in the polls, but Marine Le Pen, leader of the far-right Front National is trailing him by only 1%. However, the real story of the past month has been the rise of far-left candidate Jean-Luc Mélenchon.
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Wednesday, April 26, 2017
G20: SURPASSING THE 2nd GLOBAL STEEL CRISIS / Commodities / Steel Sector
By: Dan_Steinbock
In the 2016 G20 Summit, advanced economies accused China for steel overcapacity. Before the Hamburg Summit, similar charges have surfaced. Yet, the postwar era has witnessed two steel overcapacity crises. The current debate cannot afford to ignore the past lessons.
As the global steel sector is coping with an overcapacity crisis, multinational industry giants are struggling with consolidation and adjustment. Read full article... Read full article...
Tuesday, April 25, 2017
Frank Holmes : Gold Could Hit $1,500 in 2017 Amid Imbalances & Weak Supply / Commodities / Gold and Silver 2017
By: MoneyMetals
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up Frank Holmes, CEO of U.S. Global Investors joins me to share his thoughts on Trump’s first 100 days, the resetting that’s going on the global political front and gives what he sees as a very realistic price target for gold before the end of the year. Be sure to stick around for a fantastic interview with Frank Holmes, coming up after this week’s market update.
Precious metals markets are putting in a mixed performance this week as gold prices hold above their breakout level from the prior week. Spot gold currently comes in at $1,287 an ounce, essentially unchanged on the week.
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Tuesday, April 25, 2017
Even “Father of Logic” Thought That Gold Makes the Best Money in the World / Commodities / Gold and Silver 2017
By: HAA
Shannara Johnson : In the wee hours of March 27, plucky thieves stole one of the world’s largest gold coins, a 221-pound colossus named the “Big Maple Leaf” from the Bode Museum in Berlin, Germany.
The coin, which takes two to three strong men to carry, had a face value of $1 million, but at current market prices is worth around $4.5 million.
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Tuesday, April 25, 2017
3 Reasons Why “Spring Forward, Fall Back” Also Applies To Gold / Commodities / Gold and Silver 2017
By: HAA
Stephen McBride : Year to date, the price of gold is up 12%. This is not unusual: the yellow metal also had a strong start into 2016, rising 18% over the same period.
So is there a seasonal pattern to the gold price? To answer that question, we dissected gold’s performance dating back to 1975 and identified some trends investors can use to their advantage.
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Tuesday, April 25, 2017
Gold Price Is 1% Shy of Ripping Higher / Commodities / Gold and Silver 2017
By: The_Gold_Report
Precious metals are on the verge of a legendary move, says Lior Gantz, editor of Wealth Research Group, and details the indicators he watches for.
With the first round of the French elections over and a potential beginning of the end for the Eurozone might be within sight, this is only one of the macro-political events that are causing gold prices to be within 1% of shuttering its 10-year resistance level.
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Saturday, April 22, 2017
Gold Market Fractal Event / Commodities / Gold and Silver 2017
By: Michael_J_Kosares
“In the absence of a credible monetary standard, we expect no escape from the treadmill of rising debt, both US and globally, that outpaces economic growth. Income inequality, wage stagnation, overvaluation of financial assets, and speculation instead of productive investment are likely to be prolonged under the current monetary regime. Whether or not policy makers take a proactive approach to address monetary reform, the fact remains that gold is massively underpriced in all paper currencies. It would be preferable if the necessary adjustments could occur without a repeat of a 2008-like financial crisis. We give this possibility a chance, albeit slim. In any event, we expect a significant repricing of gold higher during the current administration, either by design or because of market events. Whenever a repricing happens, we expect broad grassroots support for that outcome.” – John Hathaway, Tocqueville Funds
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Saturday, April 22, 2017
Gold IRAs: How to Lessen or Avoid That Pesky Capital Gains Tax / Commodities / Gold and Silver 2017
By: HAA
Since we just finished tax season, many first-time gold investors might wonder what to do about their precious metals holdings. How are they taxed, and are there any legal ways to lessen those taxes?
Precious metals like gold, silver, and platinum are considered capital assets, so you will have to pay capital gains taxes when you sell them for a profit.
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Saturday, April 22, 2017
Gold Price Upleg Momentum Building / Commodities / Gold and Silver 2017
By: Zeal_LLC
Gold’s young upleg just enjoyed a major upside breakout, bolstering strong technicals and heralding a coming Golden Cross buy signal. Investors have started aggressively buying gold again after record-high stock markets distracted them. This gold upleg’s upside momentum is really building, portending accelerating gains in coming months. Yet sentiment remains poor, with traders still quite bearish on gold.
Virtually no one is excited about gold these days. Mainstream investors continue to ignore it like usual, while contrarians largely expect a lackluster sideways grind at best. This apathy is the natural result of gold’s recent consolidation between late February and mid-April. With 6+ weeks seeing no net progress, there was little to spark any enthusiasm. Thus gold gradually faded from speculators’ and investors’ radars.
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Saturday, April 22, 2017
Why Now Gold and Silver Precious Metals? / Commodities / Gold and Silver 2017
By: Richard_Mills
John Exter was an American economist and a member of the Board of Governors of the United States Federal Reserve System.
Exter is known for creating Exter's Pyramid - useful for visualizing the organization of asset classes in terms of risk and size.
When the credit system is expanding most money flows to the top of the pyramid - the increasingly speculative and illiquid investments. When the credit system comes under pressure and debt cannot be repaid, the items at the top of the pyramid get sold and money flows towards the bottom.
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Friday, April 21, 2017
Silver, Platinum and Palladium as Investments – Research Shows Diversification Benefit / Commodities / Gold and Silver 2017
By: GoldCore
– Silver, platinum and palladium see increased role as investment vehicles
– Increase in academic output on the white precious metals is in line with this
– Silver and particularly gold are safe haven assets
– Silver was a safe haven at times during which gold failed to be
– Platinum and palladium less so but have diversification benefits
– Silver manipulation is possible and indications of, if not legal proof
– Benefits platinum and palladium could provide as money not been fully addressed
– Main focus in investment drivers is price – not on drivers of physical demand
– Platinum, palladium and silver have different relationships with other assets and divergent abilities in hedging risk
– White precious metal investors should employ a buy-and-hold strategy
– Silver markets have become more efficient since 1977
– White precious metals are increasing in investment importance
– Research shows hedging role and diversification benefits of precious metals
Friday, April 21, 2017
French Elections and Gold Price / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
In the previous edition of the Market Overview, we analyzed the potential impact of the European elections on the gold market. As the Dutch elections are behind us, let's see how the Wilders' defeat affected the markets and the political outlook for France, where people will vote for the president on April 23.
Investors reacted positively to the outcome of the Dutch election, relieved that populists did not win. European stocks and the euro rose, while the France-Germany 10-year bond yield spread declined after the elections. This is because Wilders' failure is considered to indicate that “the wrong kind of populism” is losing momentum.
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Thursday, April 20, 2017
Gold Miners Intermediate Cycle Top? / Commodities / Gold & Silver Stocks 2017
By: Gary_Savage
The large volume surge in DUST a few days ago was the warning bell that the miners may have topped.
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