Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, March 20, 2017

Precious Metals : Who’s in Charge ? / Commodities / Gold and Silver 2017

By: Rambus_Chartology

In this report I’m going to update some charts I posted back in November of last year before the PM complex bottomed in late December. What I was showing back in November were many of the H&S tops that were breaking down in an impulse leg to the downside. The lows in December of last year is where they bottomed and began a counter trend rally that took prices back up to the February 2017 highs. From a Chartology perspective all we’ve had so far was a backtest to some of the necklines at this point in time. Maybe it will end up being more, but for now the backtests are holding resistance.

I would like to start with one of the more important ratio charts which compares Gold to the US dollar. During the bull market years this ratio chart built out a parallel uptrend channel that was a thing of beauty. In 2000 this ratio started to build out an inverse H&S bottom which reversed the bear market to a bull market. For the next 11 years this ratio built out one consolidation pattern on top of the next, which is bull market action. Even the crash in 2008 built out a H&S consolidation pattern which launched the rest of the bull market into the 2011 high.

Monday, March 20, 2017

Gold and Silver 200-Day Moving Averages / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

The precious metals complex enjoyed a strong week mostly due to a post-Fed explosion on Wednesday. Although gold stocks sold off to end the week, they finished up almost 5% for the week. Gold gained 2.4% on the week while Silver gained 2.9%. The miners enjoyed massive gains following the previous two rate hikes and that has some optimistic about a repeat scenario. However, the miners and metals need to prove they can recapture their 200-day moving averages before we become optimistic.

Monday, March 20, 2017

Gold and USD Cycles : A Roadmap / Commodities / Gold and Silver 2017

By: SurfCity

Monday will be day 6 of Gold’s third Trading Cycle (TC) out of the December 2016 Yearly Cycle Low (YCL). Next week’s price action will be critical in determining if we will see a higher high in this Intermediate Cycle (IC) or just a secondary high that will set the IC downtrend line into the next IC Low. Based on my cycle work, I do believe the Gold Bull has resumed, however, the transitions from Bear to Bull markets are typically epic battles that take time to play out.

Monday, March 20, 2017

Gold and Silver Markets Update / Commodities / Gold and Silver 2017

By: The_Gold_Report

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

Friday, March 17, 2017

Front Seat In Shanghai China Gold Market: Jig Is Up / Commodities / Gold and Silver 2017

By: Jim_Willie_CB

Something big is afoot in the Shanghai Gold market. It seems that we are at the door of the RESET finally, with China being betrayed by the USGovt and USFed in concerted collusion. The attempt to reduce the USDollar while maintaining ultra-low bond yields seems the final straw. The inference is made that the jig is up finally, and a significant turning point is upon us.

Friday, March 17, 2017

Gold Cup – Horse Racing’s Greatest Show, Gambling and ‘Going for Gold’ / Commodities / Gold and Silver 2017

By: GoldCore

– Gold Cup at Cheltenham – Most important event on horse racing calendar  

– Gold Cup trophy contains 10 ounces of gold

– Today’s prize is worth over £9,000 in gold terms

Friday, March 17, 2017

European Elections and Gold / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

The most commonly cited bullish arguments in favor of gold right now are the problems faced by the Old Continent, mainly the elections in certain countries. So let’s analyze them individually to consider their potential impact on the gold market.

Thursday, March 16, 2017

Crude Oil Price Outlook 2017 - Video / Commodities / Crude Oil

By: Nadeem_Walayat

My crude oil in-depth analysis and concluding trend forecast for 2016 proved remarkably accurate, and so I get a lot of comments requesting a similar exercise for 2017. However my analysis has so far not lead me in the direction of the oil price, nevertheless my recent analysis on the SNP's latest call for a Scottish independence in an attempt at subverting BrExit, that eventually aim to convert into a video did include a brief look at the most probable prospects for the crude oil price for 2017 as being a significant factor with regards forecasting the outcome of the Scottish second referendum.

Thursday, March 16, 2017

Gold Up 1.8%, Silver Up 2.6% After Dovish Fed Signals Slow Interest Rate Rises / Commodities / Gold and Silver 2017

By: GoldCore

– Gold up 1.8%, silver up 2.6% – Fed signals slow rate rises
– Dollar sells off as Fed raises 0.25% to target range of 0.75 percent to 1 percent on inflation outlook and “ebullient” stocks
– Gold’s biggest 1 day percentage gain since September 2016
– Fed raises rates for only the third time since crisis
– Fade out Fed “jibber jabber” and focus on still ultra low rates (see chart)
– Rising rates bullish for gold as seen in 1970s and 2003 to 2007 (see table)
– Silver rose 26% in 2003, 14% in 2004, 29% in 2005 and 46.6% in 2006

Wednesday, March 15, 2017

Gold and Silver Price Manipulation: The Biggest Financial Crime In History / Commodities / Gold and Silver 2017

By: Stewart_Dougherty

According to the mainstream financial media (MFM), the biggest financial frauds in history are the Bernie Madoff Ponzi scheme, with roughly $20 billion in net investor losses, and the Bank State rigging of LIBOR, which resulted in 16 guilty banks paying $35 billion in fines, which supposedly equated to their theft.

Wednesday, March 15, 2017

Inflation + Populism = Soaring Gold / Commodities / Gold and Silver 2017

By: John_Rubino

Inflation is back, thanks to the past few years’ exuberant borrowing and currency creation. Meanwhile, populist politicians are gaining traction in Europe, threatening both the European Union and the eurozone.

Wednesday, March 15, 2017

Energy Stocks Preparing a Bounce / Commodities / Oil Companies

By: ElliottWave-Forecast

2016 was a good year for Energy Stocks as Oil & GAS price rose significantly helping the Energy sector to recover from the drop that started since 2014 . However since the recent peak early this year , Oil price stabilised in a tight range and failed to move higher before the recent 9% drop last week in both Brent Crude and West Texas Intermediate .

Tuesday, March 14, 2017

Gold, Oil, CRB, Bonds - Beware The Bearish Rising Wedge / Commodities / Commodities Trading

By: Rambus_Chartology

In this report I would like to show you a chart pattern that seems to be showing up in a lot of different area’s of the markets, in particular the commodities complex. We looked at some of them in the last Weekend Report which were maturing, but in some cases hadn’t broken down yet. The chart pattern I’m referring to is the bearish rising wedge.

Some of the bearish rising wedges have a common theme which is the late 2015 low, when commodities and the PM complex finally bottomed out after that massive impulse move down. At a minimum the price objective for a rising or falling wedge is the first reversal point in which the wedge began to build out. Prices can go much lower, but the first reversal point is a good first price objective.

Tuesday, March 14, 2017

Gold and Silver Commercial Traders Begin to Cover Short Positions / Commodities / Gold and Silver 2017

By: Jason_Hamlin

Does the trend change in the short position of commerical traders signal a bottom for precious metals?

Gold and silver posted a strong start to the year in 2017, despite the December rate hike. This was a repeat of last year, when the December 2015 Federal Reserve rate hike was followed by a massive rally in precious metals. However, both gold and silver have pulled back sharply over the past few weeks. Gold is down $60 or 4.5% to $1,200, while silver is down $1.40 or 7.5% to $17 per ounce.

Monday, March 13, 2017

Gold Bear Market Return? / Commodities / Gold and Silver 2017

By: The_Energy_Report

Technical analyst Jack Chan sets forth data that signals the potential return of a bear market in the precious metals.

Monday, March 13, 2017

Crude Oil Prices Volatility May Drive Expanded Stock Market Volatility / Commodities / Oil Companies

By: Chris_Vermeulen

Last weeks move in Crude Oil, down over 8.8% was triggered by new “Record High” US inventory data and news that OPEC production cuts are near 85% compliance have prompted a breakdown. We have been expecting a breakout move for a few weeks and suspected production would outpace demand, as it has been for many months.

Monday, March 13, 2017

Digital Gold On The Blockchain – For Now Caveat Emptor / Commodities / Gold and Silver 2017

By: GoldCore

– Bitcoin surpasses gold price – a psychological and arbitrary headline 

– Royal Mint blockchain gold asks you to trust in the UK government

– Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers

Monday, March 13, 2017

Why 2017 Can be a Golden Year / Commodities / Gold and Silver 2017

By: Submissions

Nandik Barbhaiya writes: The investment landscape is facing significant changes in 2017 on the back of an unpredictable and, at times, chaotic political environment in 2016. The extent of the repercussions of the ‘Leave’ vote in Britain’s EU referendum, the start of Donald Trump’s controversial Presidency, and Marie La Pen’s recent popularity ahead of France’s upcoming elections are all set to make a considerable impact on business and trading worldwide. Here, we look at alternative trading options for 2017 with a focus on gold investment.

Monday, March 13, 2017

The Number One Reason You Should Own Physical Gold / Commodities / Gold and Silver 2017

By: John_Mauldin

105 years ago, American financier J.P. Morgan testified before Congress. When asked if the control of credit involved a control of money, Morgan responded by saying, “Not always. [Credit] is an evidence of banking, but [credit] is not the money itself. Money is gold, and nothing else.”

Although they are not the same, “money” and “credit” are used interchangeably in our vocabulary today. Given the massive credit expansion over the past four decades, understanding the difference between the two has never been more important.

Sunday, March 12, 2017

Technical Update for Crude Oil: Brent and WTI / Commodities / Crude Oil

By: MarketsToday

Highlights: Brent Crude

• Brent has been progressing upwards in an ascending trend channel for a number of months
• Last week it broke down sharply from a tight symmetrical triangle or pennant pattern and through support of the 50-day exponential moving average (ema) before finding support around the 50-week ema and the 200-day ema. The low for the week was 51.18.
• Brent is now likely to either:
• bounce from here back up towards the breakdown level around 55.00 to test it as resistance, before turning back down, or
• relatively quickly continue the descent to lower support levels