Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, August 13, 2016
Gold And Silver – Panic Precious Metals Selling By Elite Overt / Commodities / Gold and Silver 2016
The Military Industrial Complex [MIC], economic war, and massive amounts of newly created debt, year after year after year, have the common purpose of protecting the Federal Reserve fiat Ponzi scheme to preserve the failing “dollar” as the world’s reserve currency. Except for phony accounting, all banks are failing, massively underfunded and totally insolvent. Everything possible is being done to prop up these banks to keep the illusion of financial stability alive, even resorting to stealing from depositors.
Why anyone maintains fiat money in a bank is a mystery defying fiscal self-responsibility. All retirement accounts, at least in the United States, will be subject to government confiscation replacing everyone’s investments with worthless government bonds. After all, who more than the federal government can better manage your own funds?!
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Saturday, August 13, 2016
Gold Against Foreign Currencies Update / Commodities / Gold and Silver 2016
It is the dog days of summer. The metals are trading below their recent highs while the miners continue to be on the cusp of their next leg higher. In any event we remain bullish as we expect the next big move to be higher not lower. One reason, among many is Gold remains strong against foreign currencies and that often is a leading indicator for the sector at large. This is something we track often and we wanted to provide an update during the slowest period of the year.
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Friday, August 12, 2016
Gold Price Has Now Entered Its Strongest Seasonal Period / Commodities / Gold and Silver 2016
My analysis indicates that gold will be implemented in order to protect ‘global purchasing power’ and to minimize losses during our upcoming periods of ‘market shock’. It serves as a high-quality, liquid asset to be used whereas selling other assets would cause losses. Central Banks of the world’s largest long-term investment portfolios use gold to mitigate portfolio risk, in this manner, and have been net buyers of gold since 2010.
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Friday, August 12, 2016
Fueling Gold Stocks’ Next Upleg / Commodities / Gold and Silver Stocks 2016
Gold stocks’ new bull market this year has already proven breathtaking. This obscure sector has nearly tripled within a matter of months, yielding immense profits for the smart contrarians who bought in low. But after such a blistering surge, what’s going to fuel gold stocks’ next upleg? Heavy gold investment buying driving its price much higher will greatly boost gold-mining profitability, attracting in far more capital.
Gold stocks’ new bull run in recent months has been massive. Their leading benchmark HUI gold-stock index skyrocketed 182.2% higher in just 6.5 months between mid-January and early August! No other sector in all the markets is even remotely close to challenging this commanding performance. Yet this mighty gold-stock bull still remains young and small, with the great majority of its gains still left to come.
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Friday, August 12, 2016
Is the Crude Oil Price Rally Over? / Commodities / Crude Oil
Trading position (short-term; our opinion): Long positions (stop loss at $37.23; initial upside target at $46.90) are justified from the risk/reward perspective.
Crude oil declined on Wednesday only to shoot up with vengeance yesterday, exceeding the previous August highs. Still, crude oil declined a bit before the session was over, so many investors are wondering if the rally is already over – is this the case?
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Friday, August 12, 2016
Crude Oil Price Bottom likely to Propel Dow Industrials Higher / Commodities / Crude Oil
The minute you settle for less than you deserve, you get even less than you settled for. Maureen Dowd
The chart below clearly illustrates that a relationship exists between crude oil and the Dow. For most of the 1st half of 2015, oil traded sideways, and the Dow followed suit. Then, around July of 2015, oil broke down, and the Dow followed in its footsteps. We see a similar pattern from Nov-Dec 2015; oil headed lower, and the Dow once again followed in its footsteps; so much for the argument that states lower oil prices are conducive for the markets.
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Friday, August 12, 2016
Negative Interest Rate Money “Madness” Sees Gold Buying Surge / Commodities / Gold and Silver 2016
Gold buying surged to record levels in H1, 2016 due to increasing concerns about the political, economic and monetary outlook. In particular, deepening concerns about the negative interest rate money “madness” of central banks today.
Heike Hofmann sells fruit and vegetables in Germany. She reacted to negative rates by cutting spending & buying gold bars.
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Friday, August 12, 2016
Gold 2.0: How to Profit from the Current Gold Bull Market / Commodities / Gold and Silver Stocks 2016
After five years of a brutal bear market, gold and gold miners are finally having a huge rebound, and investor Chen Lin, writer of the popular newsletter What is Chen Buying? What is Chen Selling?, sees the parallels to 2009. He highlights nearly a dozen mining companies that have weathered the downturn and are in position to ride the wave higher.
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Thursday, August 11, 2016
Natural Gas is Lighter Than Air and Its Rising – I Smell Trading Opportunity! / Commodities / Natural Gas
During the last stock market top in 2007-2008 the price of natural gas completed a basing pattern (bottom) and broke out and had a massive rally. Will this happen again this time around?
Based on the stock market stage analysis, market sentiment, and the price action of natural gas, it appears the stock market is topping and natural gas is on the verge of a breakout and rally.
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Thursday, August 11, 2016
The Irrational Bias Against Gold / Commodities / Gold and Silver 2016
When I conceived of creating an RRSP-eligible, open-end mutual fund that held precious metals without compromising the fundamental attributes of the metals, I thought that such a fund would be embraced by mining company executives, financial advisors, institutions and retail investors – I was wrong.
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Wednesday, August 10, 2016
Smashed Silver Snaps Back into Ferocious Bull Market / Commodities / Gold and Silver 2016
The silver bull is back. After five long, frustrating years of price smashes followed by one failed rally attempt after another, silver prices have decisively broken out to the upside.
The question facing precious metals investors now is: How sustainable is the uptrend?
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Wednesday, August 10, 2016
This Suggests That Silver Will Soon Spike Significantly Higher / Commodities / Gold and Silver 2016
The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way.
Basically, in the long run, the two move in opposite directions. When the USD/ZAR rate is moving up, then the silver price is moving down, and vice versa. Furthermore, when the USS/ZAR rate is making a top, then a bottom in silver is normally very close (before or after the USD/ZAR peak).
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Wednesday, August 10, 2016
Signs Are Silver Bull Market Is Consolidating / Commodities / Gold and Silver 2016
Having hit a target, silver has formed what is believed to be an intermediate top over the past five weeks or so, which it should soon start to descend from, says technical analyst Clive Maund.
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Wednesday, August 10, 2016
Gold Bullion Investors Versus the Machines / Commodities / Gold and Silver 2016
Precious metals prices fell sharply on renewed concerns the Federal Reserve will be raising interest rates sometime this fall. Friday’s jobs report painted a picture of healthy growth, fostering a new round of speculation that Janet Yellen and the FOMC will withdraw stimulus.
Investors have seen this a thousand times before. The reaction in gold and silver markets was almost as predictable as the sunrise. When markets continually respond to highly managed data from the Bureau of Labor Statistics – or some other bureaucracy – in a machine-like way, you have to assume it’s because most of the trading is actually done by high frequency trading machines (HFTs).
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Tuesday, August 09, 2016
Will this Crude Oil Price Rally hold? / Commodities / Crude Oil
Crude has finally reversed higher to recover some of its recent losses, and is now showing clear evidence of a new Daily Cycle (DC) and Crude Oil Rally. There are early signs of a new Investor Cycle (IC) as well.
Midweek, Crude bottomed on day 44 before reversing sharply higher and punching through the declining trend-line. And when it closed above the 10 day moving average, Crude confirmed that it is in the early stages of a new Daily Cycle. From this point forward, Crude’s performance will depend on its Investor Cycle and the bear market as a whole.
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Tuesday, August 09, 2016
Natural Gas Surprise Drawdown Signals Higher Prices Ahead / Commodities / Natural Gas
The U.S. electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected.
The EIA reported a surprise drawdown in natural gas inventories for the week ending on August 3. The reduction of 6 billion cubic feet (Bcf) was the first summertime drawdown since 2006. Natural gas spot prices shot up following the data release on August 4, although they fell back again shortly after.
Tuesday, August 09, 2016
Gold and Silver Bull Market Correction Expected / Commodities / Gold and Silver 2016
Technical analyst Jack Chan is awaiting the gold bull correction and sees it as a good entry point for gold.
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Monday, August 08, 2016
Gold Suffers Weakness on Strong U.S. Jobs Numbers, but UK Stimulus to Offer Respite / Commodities / Gold and Silver 2016
Gold investors might need to brace up for a potentially disappointing week after strong U.S. employment numbers reduced the allure of the yellow metal. Gold has been on an impressive bullish ride this year and the yellow metal has gained 26% in the year-to-date period to erase the 11% loss that was recorded in full year 2015. In fact, gold has delivered an impressive price gains that outperforms equities and other commodities.
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Monday, August 08, 2016
Top Silver Mining CEO Makes a Remarkable Price Forecast / Commodities / Gold and Silver 2016
First Majestic's Keith Neumeyer: “Silver Mines & Silver Are Way Rarer Than People Actually Think”
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear a fantastic interview with Keith Neumeyer, CEO of First Majestic Silver Corp. Keith gives an insider’s take on the tremendous and unsustainable imbalance that exists between the available mine supply of silver compared to gold and what it likely means for the silver to gold ratio. And you’ll definitely want to hear Keith’s long term price target for the white metal, which may surprise you. Don’t miss my conversation with Keith Neumeyer coming up after this week’s market update.
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Monday, August 08, 2016
Gold to Thrive in a Fiat Ponzi with Negative Yield / Commodities / Gold and Silver 2016
Summary:
- So if you are buying government bonds, expecting a decent return at the current puny level of yields, you are chasing the price. You are a speculator focusing on price, not yield. …If you are buying equities at current sky-high prices, you are chasing the yield. The mirror image of bonds.
- Gold bottomed in December 2015, after a much-anticipated Federal Reserve interest rate hike – the first in 7 years. Perhaps the market sensed that the Fed has done away with its interest hike campaign?