Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Sunday, February 12, 2017

Gold Bull Market Surprises / Commodities / Gold and Silver 2017

By: Gary_Savage

In a bull market surprises come to the upside and it’s never advisable to lose one’s core position. This rally isn’t going to top until sentiment gets excessively bullish. Right now sentiment is dead neutral and it will take 5-10 more weeks before sentiment reaches 75% or higher.

Saturday, February 11, 2017

Uptrend in Silver (XAG/USD) Continues to Strengthen / Commodities / Gold and Silver 2017

By: MarketsToday

Spot silver (XAG/USD) closed strong last week (17.93), near the high of the week (18.00), as it continues to push up against the top trend line of a relatively well constructed ascending channel. It has been in a rising trend channel for the past seven weeks, ever since hitting a bottom at 15.64 in December. As of last week’s high, silver was up 15.1% off that December low.

Saturday, February 11, 2017

Dr. Copper on Call for Gains / Commodities / Copper

By: Mike_Paulenoff

Copper (made a new 18-month high on Friday, breaking out of a 10-month sideways bullish digestion zone that formed atop its 5-year down trendline at 2.48. Copper is poised for upside continuation to 3.00 next.

Let's notice that the strong recovery in Copper has coincided with a powerful upmove in 10-year Yield (lower chart).

Saturday, February 11, 2017

Gold and Gold Stocks Hit Upside Targets. Now What? / Commodities / Gold and Silver Stocks 2017

By: Jordan_Roy_Byrne

The precious metals sector has reached the upside targets we've written about since the start of 2017. Gold has touched almost $1250/oz ($1246/oz high) while GDXJ exceeded our $41 target and GDX nearly reached $26. The glass half empty case is the sector is now at strong resistance levels and any immediate upside will be difficult to sustain. On the other hand, the gold stocks are showing the internal (strong advance/decline line) and relative strength (leadership against Gold) that bodes for additional gains. There may be some more upside potential but the risk of a medium term correction looms in the background.

Friday, February 10, 2017

Gold Stocks Strong New 2017 Upleg / Commodities / Gold & Silver Stocks 2017

By: Zeal_LLC

Gold stocks are on fire this year, powering higher in market-dominating performance.  This is a massive reversal from their dark fourth quarter, with 6/7ths of those losses already erased.  But this strong new upleg still remains young and small by historical standards.  Gold stocks’ recent rally is only the vanguard of another major bull-market upleg.  This sector’s bullish technicals reveal vast upside potential from here.

The gold miners are a small contrarian stock-market sector that isn’t widely followed.  Hearing about how the gold stocks are faring in the mainstream financial media is pretty rare.  So this sector generally flies under the radars of the great majority of speculators and investors.  That’s rather unfortunate, because the gold stocks have enjoyed some of the greatest gains in all the stock markets in this young century.

Friday, February 10, 2017

Great Fiscal Rotation and Gold / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

Reflation is a fact, at least for a while. And it is not limited to the U.S., as it is a truly global phenomenon – since 2016, the rebound in economic activity has been seen both in the advanced and emerging markets (this is partially due to the flattening in deep recessions in Russia and Brazil). The broad-based improvement is bad for the yellow metal, as it signals a more lasting revival. Additionally, although the recent rebound has mainly been triggered by the huge fiscal stimulus in China, the advanced economies have also improved significantly, in particular the U.S. It means negative news for gold, which is more sensitive to developments in America.

Friday, February 10, 2017

Gold Prices Up 5.8% YTD As Trump ‘Honeymoon’ Ends / Commodities / Gold and Silver 2017

By: GoldCore

Gold prices continued to shine this week reaching $1,244.70 per ounce and and has posted gains in five of the last six weeks. This week it reached a new three-month high – it’s highest since the Trump win and has climbed over 6% this year, beating the gains made in the same period in 2016.

Thursday, February 09, 2017

Silver Price 2017 Trend Forecast Update - Video / Commodities / Gold and Silver 2017

By: Nadeem_Walayat

The Silver price hit bottom at $15.67 mid December 2016 following which it has entered an uptrend that has taken the precious metal to its recent trading high of $17.88, all this whilst apparently many silver bugs as well as gold bugs had publically thrown in the towel due to the failure of the precious metals to perform following Trumps election win which instead of igniting a rally had resulted in a 20% slump in the silver which ensured that most silver bugs would be too battered and bruised to partake in the subsequent rally.

Thursday, February 09, 2017

Elliott Wave Analysis: Where the RUBBER Commodity Meets the Road / Commodities / Elliott Wave Theory

By: EWI

See why rubber prices bounced from an 11-year low to a 4-year high

There are nearly 50 commodity markets traded all over the world at any given time. That's one for every state in the United States.

So, how is an investor or trader supposed to know which of these markets to follow and which ones to dismiss?

Well, for our long-time Commodity Junctures editor Jeffrey Kennedy, the answer is simple: Don't wait for an Elliott wave pattern to develop on a market's price chart. But rather, choose price charts that already present discernible Elliott wave patterns.

Thursday, February 09, 2017

Here’s Why We Won’t See An Energy Rally—and How to Profit / Commodities / Energy Resources

By: John_Mauldin

BY PATRICK WATSON : Energy stocks jumped after the November election because investors thought new management in Washington would be their ticket to wealth. But what if it’s not?

On the surface, the stars seem lined up for Big Oil & Gas. President Trump promised to reduce the industry’s regulatory burden and open more federal land and offshore areas to drilling.

Thursday, February 09, 2017

Give Gift of Real Gold This Valentines Day / Commodities / Gold and Silver 2017

By: GoldCore

For the love of gold
(Don’t) put a ring on it
Is gold jewellery going out of fashion?
You’ll never get what you paid for it
Devaluation: Synthetic diamonds, 3D Printing and Rise of the machines
Buy gold – No one has cracked alchemy
Give the gift of real gold – They will thank you for it  

Tuesday, February 07, 2017

Gold and Crude Oil Link – What Does It Say? / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term; our opinion): Short positions (with a stop-loss order at $56.45 and an initial downside target at $45.81) are justified from the risk/reward perspective.

On Monday, crude oil lost 1.52% after oil investors reacted to Friday’s Baker Hughes’ report, which showed that U.S. drillers added 17 rigs, which was the 13th increase in the past 14 weeks. Thanks to this news light crude reversed and declined to the previously-broken short-term support/resistance line. Will it manage to stop oil bears in the coming days? Is it possible that the relationship between gold and crude oil give us more clues about oil’s future moves?

Monday, February 06, 2017

Gold Price Trend Forecast, Where are the Gold Traders? / Commodities / Gold and Silver 2017

By: Bob_Loukas

This is the 3rd piece on gold that highlights how unloved gold remains today.  Considering the 2016 rally in gold and the turbulent times we now find ourselves in, to be honest I'm rather surprised there are not significantly more gold traders all over this market. Part 1 and Part 2 cover the initial stages of this rally from the December lows. Below is an excerpt from the Financial Tap Member weekly weekend report.

I am rather surprised to read across the blogosphere how a majority of Gold Traders appear to discount and undermine the current gold market. I can appreciate that the longer term cyclical outlook remains unresolved, but in the short-term at least, I believe the gold sector looks to be in great shape.

Monday, February 06, 2017

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

By: SurfCity

As longer Cycles typically dominate shorter ones, this update will provide both longer and shorter views on the USD and Gold. Why the two together?  Obviously due to the negative correlation. No correlation works all the time, however, and I fully expect to see periods where the USD and Gold rise and perhaps fall together. That said, the correlation has been fairly strong over the past year so I find it best to sometimes cover these assets together.

Monday, February 06, 2017

CRB Commodities Index Deep Dive / Commodities / CRB Index

By: SurfCity

If you are going to trade the commodity sector, you had best follow the USD, which is why I do. If I am correct that the USD’s longer 15 Year Super Cycle is toping in 2017, then the CRB will be a fun sector where we will focus.

With respect to Weinstein’s 4 Stage Model, here is a great site that is the best I have found that covers his model quite well.

Monday, February 06, 2017

How Investors Can Profit From Trumps Military Ambitions / Commodities / Metals & Mining

By: OilPrice_Com

Tesla just activated its battery gigafactory, and China is moving to hoard the world’s cobalt supplies at the same time that Trump promises a military build-up that can only happen with the precious metal. This all means supply panic for everything from the electric car break-out to the military industrial complex.

Right in the middle of this we have small-cap North American explorers—our new potential barons-in-the-making—in whose hands our energy revolution now lies.

Saturday, February 04, 2017

XAU/Gold Ratio : The Deep Dive / Commodities / Gold and Silver Stocks 2017

By: SurfCity

Still waiting patiently for another possible nibble at some Miner positions. In the meantime, what is the XAU:Gold ratio and why is it important?

The Ratio clearly shows you that If you are going to invest or trade Gold/Silver Mining stocks you had best have some kind of time horizon to harvest profits. Why? The Ratio peaked in favor of the XAU all the way back in 1983. Yes the miners have underperformed Gold as a long term investment over that long period of time.

Friday, February 03, 2017

US Mint Gold and Silver Bullion Coin Sales / Commodities / Gold and Silver 2017

By: Zeal_LLC

Gold’s first new bull market since 2011 last year was overwhelmingly driven by stock investors flooding into gold ETFs.  Traditional physical bar-and-coin demand was actually quite weak, falling considerably year-over-year.  Nevertheless, it’s still important to stay abreast of classic gold and silver investment demand.  One key microcosm of that comes in the form of the US Mint’s sales of its popular American Eagle coins.

When American investors buy physical gold and silver bullion, it’s often in the form of these American Eagle 1-ounce coins.  They have a really interesting history.  Back in the early 1980s, foreign national gold coins led by South Africa’s famous Krugerrand were soaring in popularity.  The US Congress didn’t want the States to be left out of the prestigious national-gold-coin business, so it finally acted in 1985.

Friday, February 03, 2017

Ignore Trump Sabre-Rattling and Buy Gold / Commodities / Gold and Silver 2017

By: GoldCore

• Gold hits 12-week high
• USD Gold price up 4.85% in last month
• Sabre-rattling from Trump administration set-to benefit gold
• Iran upset and Middle East tensions could drive oil and gold prices up.
• Financial Times foresees “not only currency wars but a fully fledged trade confrontation that could be disastrous for the world economy.”
• Royal Mint producing 50 % more gold bullion coins and bars compared to 2016
• Utah moves to hold public funds in gold
• WGC report demand for gold hit four-year high in 2016
• Investment demand climbed by 70% last year fuelled by geopolitical uncertainties

Friday, February 03, 2017

Gold Price and Reflation / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

In recent years, deflation was considered one of the biggest threats to the global economy. These fears are vanishing. As deflation becomes the thing of the past (there was even the end of deflation in Japan at the end of 2016), reflation is now attracting the attention of investors. What does it mean? According to the most popular definition, reflation is an increase in economic activity and inflation, usually caused by using inflationary measures to reverse deflationary trends. We simply take reflation to be acceleration in the rate of inflation, i.e. the opposite of disinflation, which is a decrease in the rate of inflation.