Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, October 27, 2016

This Is What Gold Does In A Currency Crisis, Brexit Edition / Commodities / Gold and Silver 2016

By: John_Rubino

In June the UK shocked the world – or at least the world’s elites – by voting to pull out of the European Union. Economists predicted disaster, EU leaders threatened pain for British exporters and tourists, and the media settled in to watch the UK shrivel and die.

Four months later, the appropriate response is a yawn rather than a scream.

Thursday, October 27, 2016

“Chindia” Buying Gold on Dips, 20% Corrections Are “Non Events” / Commodities / Gold and Silver 2016

By: MoneyMetals

Mike Gleason (Money Metals Exchange):

Frank, it's good to have you back on. Congratulations on another well-deserved award and thanks for joining us again today.

Frank Holmes (U.S. Global Investors):

Well, thank you for that recognition, but I want to make sure that your listeners know that portfolio manager Ralph Aldis is also key in that whole thought process and director of research and oversees the gold funds with myself. He's a geologist. He has a master’s in mineral economics, a master’s in geology. I like to tease him he has more degrees than a thermometer.

Wednesday, October 26, 2016

Silver Prices in an Exponential Financial System / Commodities / Gold and Silver 2016

By: DeviantInvestor

Our financial systems create exponential increases in:

1. Debt
2. Prices for stocks
3. Prices for commodities
4. Currency in circulation
5. Prices for gold and silver

Tuesday, October 25, 2016

Cycle of Low Crude Prices Nearing an End, Says Saudi Oil Minister / Commodities / Crude Oil

By: The_Energy_Report

Saudi Arabia's Oil Minister Khalid al-Falih declared the cycle of low crude prices is nearing an end as the oil market strengthens in recent weeks.

"Market fundamentals, in terms of supply and demand, have begun to improve," Falih stated on Sunday at a press conference with Russian Energy Minister Alexander Novak, adding: "We are optimistic that oil prices will continue to improve in the future."

Tuesday, October 25, 2016

Diamonds in the Gold and Silver Mining Stocks / Commodities / Gold and Silver Stocks 2016

By: Rambus_Chartology

Back in September we looked at a possible morphing Diamond on the GDXJ in which the dashed trendlines were showing the original Diamond. When it started to morph into the bigger Diamond I added the two red circles that showed the false breakouts from the original dashed Diamond. As you can see the last two weeks produced a rally that so far has failed below the apex of the morphing Diamond. From a Chartology perspective the Diamond is a reversal pattern as it has five reversal points.

Tuesday, October 25, 2016

Where Will Crude Oil Price Head Next? / Commodities / Crude Oil

By: P_Radomski_CFA

Trading position (short-term; our opinion): Short positions (with a stop-loss order at $53.22 and initial price target at $46) are justified from the risk/reward perspective.

On Friday, crude oil gained 0.43% after Russia renewed its commitment to joining a producers' output freeze. Thanks to this news, light crude bounced off session’s lows and closed the week slightly below $51. But did this move change anything in the overall picture of the commodity?

Monday, October 24, 2016

This Past Week in Gold / Commodities / Gold and Silver 2016

By: The_Gold_Report

Technical analyst Jack Chan charts recent movements in the gold and silver markets. With COT data showing signs of a bottom, Chan is waiting for price action to confirm.

Monday, October 24, 2016

Can Gold Continue To Rise, Since The Usd Is Moving Higher Too? / Commodities / Gold and Silver 2016

By: Robert_Alexander

That question and other ones similar to it keep coming up lately and understandably so.  Gold usually drops when the USD rises, but lately we do see both rising at the same time. I called a low in Gold recently and have been trading in the Precious Metals sector, but some are having a hard time believing it when they see the USD rising too.  Allow me to share my thoughts on this. The following 4 charts are from the weekend report, where I tried to help my readers see the answer that question.

Saturday, October 22, 2016

Will a Rising US Dollar Crush Gold’s Fledgling Bull? / Commodities / Gold and Silver 2016

By: Jordan_Roy_Byrne

Gold and gold stocks have stabilized after forming a short-term low and even held up well while the US$ index pushed to an 8-month high. Conventional wisdom would tell us with the US$ index nearing a major breakout, Gold and gold stocks would be vulnerable to further losses. However, many astute analysts and traders believe that Gold and the US$ index can rise together and we note that the trend in the US$ index while important, is not the primary driver of Gold. Ultimately, as long as Gold’s fundamental driver, declining or negative real rates remain in place, then the fledgling bull market will remain on track.

Saturday, October 22, 2016

GLD Bleeds Out; Weekly Gold Update / Commodities / Gold and Silver 2016

By: Dan_Norcini

The one factor that gold bulls have had going in their favor during the recent selloff that occurred in gold and the gold mining shares in this month of October, has been the stellar performance of the reported holdings in the gigantic gold ETF, GLD. It has held rock steady in spite of the carnage witnessed, especially in the mining shares, even as the US Dollar has turned strongly bullish on the technical price charts. It has been a point of solace among the bulls to be able to see the resolve of some of their large sponsors holding firm in GLD.

Friday, October 21, 2016

The Final Bottom in Gold - WHEN / Commodities / Gold and Silver 2016

By: P_Radomski_CFA

The big decline in the precious metals appears to already be underway (even though we are in a short-term corrective upswing) and it seems that gold will move much lower in the coming months even though it’s likely to move higher in the coming days. The big decline remains to be the most important development for gold and silver investors. Why? Because this decline’s end is likely to present the ultimate buying opportunity for precious metals and for mining stocks.

Friday, October 21, 2016

Gold Green Lights Upleg / Commodities / Gold and Silver 2016

By: Zeal_LLC

Gold’s early-October plunge on futures speculators’ stop losses being run has naturally left this metal mired in battered technicals and bearish sentiment.  But that sharp selloff has already accomplished its rebalancing mission.  The excessive gold-futures trading positions that triggered that stop running have already reversed, and the investors fueling gold’s bull are starting to buy again.  Gold is green lighting its next upleg.

Gold’s price action in recent years has been overwhelmingly dominated by just two groups of traders.  Gold-futures speculators effectively control gold’s short-term behavior, as futures’ extreme inherent leverage gives their capital wildly-outsized influence.  And investors, specifically American stock investors buying and selling shares in the flagship GLD SPDR Gold Shares gold ETF, have commanded gold’s longer-term moves.

Friday, October 21, 2016

Demand for US Mints Silver Eagles has ‘Returned with a Vengeance’ / Commodities / Gold and Silver 2016

By: GoldCore

As gold and silver step back slightly to sit and wait for US economic data to be released later today we bring you news of the US Mint Silver Eagle demand that has ‘Returned with a Vengeance’ as reported by silverseek.com.

Last month it seemed some of the heat had come out of the US Mint Silver market when sales had failed to maintain the momentum seen in the first five months of the year when between 5.9m and 4 million coins had been sold each month.

Friday, October 21, 2016

Quantitative Easing, Helicopter Money and Gold / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

To properly understand helicopter money and its potential effects for the gold market, it is necessary to analyze differences between it and quantitative easing. In some senses, both tools are similar as they support the government budget. Some analysts even call quantitative easing in ‘helicopter money in disguise’. However, there are a few important differences between these two monetary policies, as one can see in the table below.

Friday, October 21, 2016

Preparing for Post-Election US Social Unrest / Commodities / Gold and Silver 2016

By: MoneyMetals

By Stefan Gleason : The 2016 election year is bringing out the worst among some elements of society. From vandalism to physical assaults to large scale race riots to terrorist bombings and mall stabbings, social disorder has become a more prominent feature of life in a polarized America.

It’s easy (and politically convenient) for the establishment media to blame Donald Trump for inflaming the political divide. In reality, Trump supporters have far more often been the victims rather than the instigators of political violence.

Thursday, October 20, 2016

It's Rally Time for Gold and Silver Equities / Commodities / Gold and Silver Stocks 2016

By: GoldCore

Precious metals expert Michael Ballanger discusses the uptick in gold and silver miners and the Deutsche Bank gold bullion settlement.

One of the more striking developments in the bizarro world of gold and silver trading has to be yesterday's settlement between Deutsche Bank and a class-action group that alleged that the bullion banks (DB, Scotia and HSBC) were manipulating the physical and Comex silver futures market since 2007; what is laughable and disgusting is the size of the settlement—$38 million. It's like Lee Harvey Oswald being charged with "Assault with a Deadly Weapon" and winding up with a misdemeanor. Then again, it is really no different than Libor-rigging or the sub-prime mortgage fraud or more recently the Wells Fargo scam.

Thursday, October 20, 2016

Gold Bull Market Still Intact, But... / Commodities / Gold and Silver 2016

By: Hubert_Moolman

The gold bull market is still very much intact. In fact, it appears that the all-time high could be taken out real soon.

However, on the chart there is an obstacle that the gold price has to overcome. Another failure at this obstacle, and we could have a bigger drop than the one of a few weeks ago.

Wednesday, October 19, 2016

Gold doesn’t care who wins the US Election / Commodities / Gold and Silver 2016

By: Michael_J_Kosares

Founder, USAGOLD and author of The ABCs of Gold Investing – How to Protect and Build Your Wealth with Gold

“Gold prices have enjoyed a hefty climb so far this year as the market continues to guess the pace and timing of the next U.S. interest-rate hike, but the battle for the U.S. presidency is set to take center stage as Election Day nears. And it doesn’t matter if Republican Party nominee Donald Trump or Democratic Party nominee Hillary Clinton moves on to be the next president of the United States—gold is likely to come out a winner, George Milling-Stanley, head of gold investment strategy at State Street Global Advisors.” –– Myra Saefong/MarketWatch/10-19-2016

Wednesday, October 19, 2016

Attention Please: Phase Two of the Gold and Silver Train Now leaving the Station. All Aboard? / Commodities / Gold and Silver 2016

By: Peter_Degraaf

Phase One began in January 2016, and slowed down from July until early October.  (Charts in this commentary are courtesy Stockcharts.com, unless indicated).

Wednesday, October 19, 2016

GDX Gold Stocks Chart of the Day / Commodities / Gold and Silver 2016

By: Gary_Savage

GDX has now completed a weekly swing barring a complete reversal the rest of the week. This deep into an intermediate decline a swing stacks the odds heavily in favor of the correction being over. The metals should now rally for the next 3-4 months.