Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, January 26, 2017
Precious Metals v. Mining Stocks: What You Need to Know / Commodities / Gold and Silver Stocks 2017
By David Smith : Most readers of this column own (or plan to own) physical precious metals – gold and silver, perhaps even some platinum or palladium. They may also own mining stocks.
But which category is "best"? It's like asking, "What's the most efficient exercise?" or "What's the best fishing lure?" Truth be known, it's really about what you wish to accomplish! Here is my considered opinion...
Read full article... Read full article...
Thursday, January 26, 2017
Two Gold Ratios You Should Watch / Commodities / Gold and Silver 2017
As Gold and gold mining stocks approach strong resistance, we wonder if the outcome will be a sharp selloff or a period of bullish consolidation. While there are a handful of things we can examine (sentiment, momentum, relative strength, etc), today we will focus on Gold and its relative strength against two key markets. How Gold fares against Bonds and foreign currencies in the weeks ahead could be a hint of its trend heading into spring.
Read full article... Read full article...
Wednesday, January 25, 2017
Gold Market Insider David Smith: Turning Points Appear Suddenly, So Must Be Prepared... / Commodities / Gold and Silver 2017
Mike Gleason: It is my privilege now to welcome back David Smith, senior analyst at The Morgan Report and regular contributor to MoneyMetals.com.
Well David, happy new year, my friend and thanks for joining us again. How are you?
David Smith: I'm doing good, Mike. Looking forward to a very exciting year. I think we're going to have all sorts of interesting things to be watching and reacting to.
Tuesday, January 24, 2017
Gold price to 2 month high as fiery Trump declares New American Order / Commodities / Gold and Silver 2017
– ‘Trumponomics’: Politics and economic policy in 140 characters
– The ‘intelligence’ according to Trump
– Trump, Putin and Russia – the great bromance
– Trump – Bull in a China shop
– Trade and currency wars with China and other nations
– Trump – Fan of gold and golden tweets
– Conclusion – Trump may be the ‘Golden Ticket’
Tuesday, January 24, 2017
Why Gold Is Oddly Looking Bullish / Commodities / Gold and Silver 2017
The price of gold appears to be on yet another homerun after eight weeks of decline. The price of the yellow metal has been on an upward trending movement since December 23, 2016 amid the growing uncertainty on the potential impact of President Donald Trump’s policies on the stock market.Since the turn of the year, the US stock market has exhibited mixed reactions to Trump’s pre-and-post inauguration period, with America’s 45th president’s activity swinging the market up and down on a weekly basis.
Read full article... Read full article...
Monday, January 23, 2017
Gold And Interest Rates…GET IT STRAIGHT / Commodities / Gold and Silver 2017
Over the past couple of months there have been several headline articles regarding the relationship between gold and interest rates. Most of them are well-meaning attempts to convey information about recent changes in the markets as interest rates head higher.
In several instances, however, the author(s) have tried to explain a ‘perceived’ correlation between rising interest rates and the value of the US dollar – in a very positive manner. And they have imputed a similar correlation – albeit negative – in other statements with respect to Gold. In both cases they are incorrect.
Read full article... Read full article...
Monday, January 23, 2017
The New Gold Rush Of 2017! / Commodities / Gold and Silver 2017
Gold to Regain Its Gleam!
One question that gold investors are asking now is, will 2017 be as spectacular for the yellow metal as it was in 2016? The short and sweet answer to this is YES.
The dollar, gold and the major U.S. stock exchanges will all see new highs. Gold is currently in a “complex corrective correction” while experiencing its’ last pullback, beforehand.
Both the short-term outlook and the long-term outlook for gold is BULLISH! Trumps’ victory win is a positive for gold bulls. Policy uncertainty and slowing growth, following a Trump win, will stoke the yellow metals’ price in 2017.
Read full article... Read full article...
Sunday, January 22, 2017
Gold Futures Prices Looking Bullish / Commodities / Gold and Silver 2017
Gold has rebounded sharply higher in the past month, taking the early lead as 2017’s best-performing asset class. Normally such a big gold surge would require heavy gold-futures buying by speculators. But they’ve been missing in action, barely moving any capital into gold yet. Their collective bets on this metal remain very bearish. Since they are such a strong contrarian indicator, that’s a very-bullish omen for gold.
The sole mission of speculation and investment, and thus all the endless research that feeds into it, is to multiply wealth. Traders can’t effectively buy low and sell high unless they understand what drives the prices of their trades. For years now, gold has had two overwhelmingly-dominant drivers. Their capital flows fully explain the vast majority of all gold’s price action, and thus are exceedingly important to study.
Read full article... Read full article...
Sunday, January 22, 2017
Great Rotation and Gold / Commodities / Gold and Silver 2017
The performance of gold in 2017 depends largely on whether the Trump’s presidency will lead to lasting shift in the markets. What changes do we mean? Some analysts mention the reflation, others point out the ‘risk on’ sentiment and the ‘great rotation’ out of bonds and into stocks. Ray Dalio, the founder and chairman of Bridgewater, claims that the Trump’s victory was a turning point ending the period characterized by increasing globalization, free trade, and global connectedness; relatively innocuous fiscal policies; sluggish GDP growth, low inflation, and falling bond yields. The new period is believed to be characterized more by decreasing globalization, free trade, and global connectedness; aggressively stimulative fiscal policies; increased economic growth, higher inflation, and rising bond yields.
Read full article... Read full article...
Sunday, January 22, 2017
This Ratio Suggests Gold Is Entering a Major Bull Market / Commodities / Gold and Silver 2017
An often cited negative about gold is the inability for investors to value it, unlike traditional investments such as stocks and bonds.
A company’s revenues and earnings can be forecast to arrive at a valuation multiple. A bond’s cash flows can be discounted to come up with a present value. But since gold bullion does not produce either, investors often struggle with assigning a fair value.
Some will look at technical analysis, others fundamentals, interest rates, or expected inflation—but unfortunately there’s no correct answer, and attempting to time the market when choosing an entry point is extremely difficult.
Read full article... Read full article...
Saturday, January 21, 2017
Time for Crude Oil Price Drop below $50? / Commodities / Crude Oil
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 Wednesday, crude oil lost 2.57% after the head of the IEA warned of a significant increase in U.S. shale output as OPEC and non-OPEC producers cut output. This news negatively affected the investors' sentiment and pushed the black gold under important support levels. What does it mean for light crude?
Read full article... Read full article...
Thursday, January 19, 2017
Gold Price 50-DMA Breakout / Commodities / Gold and Silver 2017
In yesterday's alert, we wrote that the decline in the USD Index was likely a temporary phenomenon based on the investor's needless overreaction - the USD reversed and more than erased this week's decline. The metals' reaction was also in tune with our expectations - they reversed. Was this just a one-day phenomenon and will gold rally based on its recent breakout above its 50-day moving average or can we expect more declines in the following days?
Read full article... Read full article...
Thursday, January 19, 2017
Turkey, 'Axis of Gold' and End of US Dollar Hegemony / Commodities / Gold and Silver 2017
Introduction
Buy Gold and Lira, Sell Dollars To End “Economic Sabotage” – PM of Turkey
Gold Imports to Turkey Surge 688% In December
‘Tough Turkey’ today
Affinity for gold to save the day?
Central bank gold demand
Personal accumulation
Country’s gold reserves
Turkey Iran gold conduit
Axis of Evil to Axis of Gold
Conclusion: Gold as an insurance policy
Thursday, January 19, 2017
Gold - How to "Buy Low and Sell High" Like a Pro / Commodities / Gold and Silver 2017
Learn about one group of investors who ACTUALLY know how to time the markets
There's an old saying on Wall Street that goes "buy low and sell high."
It's usually said in jest because it's a feat that's much easier said than done. History shows that most investors pile into bull markets just as they are about to end, and they do the opposite in bear markets: sell right near the bottom, when the fear is at its highest.
Read full article... Read full article...
Wednesday, January 18, 2017
Gold – 38% Fib Reached / Commodities / Gold and Silver 2017
Gold has tagged the 38% Fibonacci retracement of the previous intermediate cycle. This is the most likely spot for gold to drop into a half cycle low if it’s going to produce one. Dips are buying opportunities in the advancing phase of an intermediate cycle.
Read full article... Read full article...
Wednesday, January 18, 2017
Gold Up 5.5% YTD – Hard Brexit Cometh and Trump Wants Weaker Dollar / Commodities / Gold and Silver 2017
GOLD PRICES UP 5.5% YTD – CONCERNS OF “CALAMITOUS SELF-HARM” TO EU FROM BREXIT AND TRUMP DOLLAR COMMENTS SUPPORT GOLD
Gold prices extended their run of gains to a seventh session and added another $12 to $1,215 an ounce yesterday. Gold prices have consolidated on those gains today and are now up 5.5% in dollar and sterling terms and 5% in euro terms year to date.
Read full article... Read full article...
Wednesday, January 18, 2017
Returning Gold Bulls / Commodities / Gold and Silver 2017
Back in December, I noted that there was not a Gold bull to be found (See post: Not a Gold Bull in Sight) and that the Gold Cycle was on the verge of a significant Cycle turn. Fast forward a month, and 20 days of this Daily Cycle (DC), gold is up almost $100 and has again caught the attention of gold bulls.
Since the Cycle turn, this has been a rather interesting first Daily Cycle in gold. Mostly because the rally over the first twenty days has been fairly constant, with the half Cycle Low noticeably absent. Moreover, the move has not seen a surge based on a typical rush to cover short positions normally seen around the turn of any Investor Cycle.
Read full article... Read full article...
Tuesday, January 17, 2017
Bitcoin and Gold - Outlook, Volatility and Safe Haven Diversification / Commodities / Gold and Silver 2017
– Recent performance of Bitcoin and Gold
– Price outlook
– Bitcoin, China and capital flight
– Exchanges of value?
– Can bitcoin rival gold as a safe haven?
– ‘Bitcoin vs Gold’ or ‘bitcoin and gold’?
– Importance of diversification
– Conclusion: A monetary and financial revolution?
Tuesday, January 17, 2017
The Top 5 Places To Work In U.S. Oil And Gas / Commodities / Oil Companies
Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed. The top five for the industry was completed by Plains All American at #3, Occidental Petroleum at #4, and Noble Energy at #5.
Indeed said that it ranked companies based on a number of factors but generally speaking, the better the site visitor ratings and reviews a company had, the higher it ranked on the “Best Places to Work” list.
Read full article... Read full article...
Tuesday, January 17, 2017
OPEC Oil Deal Already Showing Signs of Stress / Commodities / Crude Oil
Even though Saudi Arabia was quick to proclaim a victory at the outset of the year after reducing its own oil production to levels agreed upon in Vienna, there are numerous threats to the outlook for crude prices. Despite claims that the move to reduce OPEC output will be enough to drain the approximate 300 million barrels in global oversupply within six months, a move by the Cartel and non-OPEC members to ramp up production afterwards could beckon the resurgence of global oversupply.Read full article... Read full article...