Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, August 08, 2016
Gold Counter Cyclical? / Commodities / Gold and Silver 2016
By: Gary_Tanashian
The title of this segment is actually the subject line of an email sent by subscriber ‘RK’ on Friday, after the post-Payrolls update that included the following statement that RK questioned. From the update…
“Gold is getting clobbered as it should. Let’s please keep it real, because a lot of gold bugs are not going to. The case for gold, silver and commodities rests on an inflationary phase, which strong jobs and wages would indicate out ahead. But for now, the hit to the precious metals is logical.”
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Sunday, August 07, 2016
Gold's Multiple Resistance Zones / Commodities / Gold and Silver 2016
By: Gary_Savage
Gold has multiple resistance zones at the 1380-1400 level. It’s going to take some work to break through these. Gold will need some help from the dollar, which it will eventually get as the dollar will be due for its intermediate cycle low by the end of September or early October. Once the breakout occurs, gold should make a beeline for the 50% Fibonacci retracement, and then maybe to $1550 before this intermediate cycle tops.
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Sunday, August 07, 2016
Gold Price Sideways for Awhile? / Commodities / Gold and Silver 2016
By: Gary_Savage
In my last chart of the day I noted that gold and the metals sector in general were too stretched above the 200 DMA and would likely have to churn for awhile before the next leg up could begin. After seeing the sell off following Friday’s employment number I think I probably called that one correctly. The metals may have to churn sideways for most of August before the next rally begins.
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Saturday, August 06, 2016
Gold And Silver Charts / Commodities / Gold and Silver 2016
By: Michael_Noonan
Our pace for posting commentaries will slow down for August by design over the next few weeks, and for the last week of August, there will be no posting due to vacation time. This week, focus will be solely on the charts. There is so much going on in the world and with the Bread and Circuses election in the United States, the sum of which is enough to send the price of precious metals considerably higher, but the reality is price is still under the control of Chinese buying at bargain prices while the West’s central bankers try to keep alive the Ponzi scheme facade regarding gold and silver.
The globalists behind the fiat curtain have been exposed for their financial and political chicanery to keep the vastly underwater banking system “alive and well,” yet the public has no unified voice to be so shocked by the extreme theft by the bankers and their political hacks, so the game plays on.
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Friday, August 05, 2016
Gold and Gold Stocks Bull Analogs / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Over the past two weeks the precious metals complex has retested its Brexit breakout and rebounded back to the July highs. Today’s jobs report has pushed the complex lower but has delivered an opportunity to cash heavy portfolios which have missed the bulk of the move. With that said, we wanted to share our current analog charts for Gold, gold stocks and junior gold stocks which suggest continued upside potential in the sector.
Friday, August 05, 2016
Gold Stocks Autumn Rally / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The gold miners’ stocks have already enjoyed a phenomenal year, blasting higher with gold’s new bull market. This sector’s market-dominating performance has been amazing. Yet incredibly, the gold stocks are only now entering their strongest time of the year seasonally. Historically during bull-market years the gold stocks have enjoyed massive autumn rallies on average, starting right about now which is very bullish.
Gold-stock performance is highly seasonal, which certainly sounds odd. The gold miners produce and sell their metal at relatively-constant rates year-round, so the temporal journey through calendar months should be irrelevant. Based on these miners’ revenues, there’s no reason investors should favor them more at certain times of the year than others. Yet history proves that’s exactly what happens in this sector.
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Friday, August 05, 2016
Gold In Sterling 2.2% Higher After Bank Of England Cuts To 0.25% and Expands QE / Commodities / Gold and Silver 2016
By: GoldCore
Gold in sterling was 2.2% higher yesterday and was marginally higher in dollar terms after the Bank of England cut interest rates to all time, 322 year record low at 0.25% and surprised markets by renewing and aggressively expanding quantitative easing or QE.
Sterling fell sharply on markets and gold rose from £1,014/oz to over £1,036/oz where it remains this morning. Ultra loose monetary policies are now even looser after the BOE cut interest rates for the first time in more than seven years and launched a bigger-than-expected package of monetary measures.
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Friday, August 05, 2016
Does Gold Continue Its Bull Market Towards $1500 or Crash? / Commodities / Gold and Silver 2016
By: Chris_Vermeulen
Gold has a “clear presence” to play in a world dominated with ‘global economic uncertainty”
My analysis shows that gold will be implemented to protect ‘global purchasing power’ and minimize losses during our upcoming periods of ‘market shock’. It serves as a high-quality, liquid asset to be used when 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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Thursday, August 04, 2016
Buy Gold and “Real Assets” Says the ‘Bond King’ / Commodities / Gold and Silver 2016
By: GoldCore
Buy gold and “real assets” and not bonds is the financial advice of the “Bond King”, Bill Gross in his latest must read newsletter which covers everything from his favoured assets to sex.
Gross, the founder of and ex boss of the largest bond fund in the world PIMCO, now manager of the Janus Global Unconstrained Bond Fund, says buy gold and warns of the risks in the bond market. He favours allocating funds to physical assets such as gold and real estate and he explained why in interviews on CNBC and Bloomberg yesterday.
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Thursday, August 04, 2016
Today's Downturn Sets Markets Up For A Dramatic Oil Price Spike / Commodities / Crude Oil
By: OilPrice_Com
Another oil price downturn threatens to deepen the plunging levels of investment in upstream oil and gas production, which could create a more acute price spike in the years ahead.Oil and gas companies have gutted their capex budgets, necessary moves as drillers went deep into the red following the crash in oil prices. But the sharp cutback in investment means that huge volumes of oil that would have otherwise come online in five or ten years now will remain on the sidelines.
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Thursday, August 04, 2016
Gold Miners at the Last Resistance Zone / Commodities / Gold and Silver 2016
By: Gary_Savage
Miners are in the process of breaking through the last resistance level. Once this is cleared they have an unimpeded shot to 380.
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Wednesday, August 03, 2016
Gold Sector - Is it time to Back up the Truck? – Mortgage the Farm? / Commodities / Gold and Silver 2016
By: Peter_Degraaf
Technical Analysis of the gold sector reveals a number of red flags, such as negative COT numbers and a mining sector that is at least temporarily overbought, having more than doubled since January. And yet…….
Sometimes a market that is overbought can remain that way for longer than anyone anticipated. Remember the ‘Dotcom’ bull market of the 1990s? It became overbought and kept on rising for many months.
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Wednesday, August 03, 2016
Gold Bullion – The Ultimate Monetary Solution / Commodities / Gold and Silver 2016
By: GoldCore
Editors Note: We are happy to publish another interesting and thought provoking piece by one of our contributors David Bryan:
Astounding levels of debt in the western world in particular is the greatest financial, economic and monetary challenge facing the world today. To get debt under control is imperative. It could involve a short period when individuals legally opt to become debt free.
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Tuesday, August 02, 2016
You Can’t Eat Gold! / Commodities / Gold and Silver 2016
By: DeviantInvestor
I read that I can’t eat gold as I munched on my 401(k) sandwich and guzzled my IRA wine, which tastes like a cheap Chardonnay. For a side dish I ate blanched twenty dollar bills and consumed a chocolate money market for dessert.
Yes, I am kidding.
The point is that simple statements such as “You can’t eat gold” are a useless DISTRACTION.
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Tuesday, August 02, 2016
Gold Futures Point towards a Continuation of the Bullish Spell / Commodities / Gold and Silver 2016
By: Nicholas_Kitonyi
The price of gold appears set to continue on a bullish run with gold futures pointing to a near-term target of about $1,400 while the long-term target could see the prices rise to new multi-year highs in the range of $1,500-$1,600 an ounce.
Last week, FOMC took the more reasonable option of failing to announce another US interest rate hike despite a strong nonfarm payrolls figure of 287,000 new jobs compared to just 11,000 in June. "Job gains were strong in June following weak growth in May," the FOMC said in its post-meeting statement, adding that "On balance, payrolls and other labor market indicators point to some increase in labor utilization in recent months."
Tuesday, August 02, 2016
Gold Price Is Now On Its Way To All-Time Highs / Commodities / Gold and Silver 2016
By: Hubert_Moolman
I have compared the performance of the current gold bull market (since 2001) with the 70s one. Below is that comparison (chart from barchart.com):
Tuesday, August 02, 2016
Precious Metals - Money Always Moves from Weak Hands into Strong Hands / Commodities / Gold and Silver 2016
By: The_Gold_Report
Precious metals expert Bob Moriarty advises investors on how they can avoid the disinformation and invest with the smart money. Over the last 15 years I have come to realize just how much disinformation and simply bad information there is available to readers of financial matters. Much of what you watch and hear is simply wrong. People wonder why they consistently lose money and it's simple. The best-informed investor is the most profitable investor. But that's not in terms of quantity of investing information; it has far more to do with quality of investing material. Listen for the signal and learn to ignore the noise.
Monday, August 01, 2016
Oil Shares Now Attractive for the Long Term / Commodities / Oil Companies
By: The_Energy_Report
Technical analyst Jack Chan charts a new major buy signal for oil stocks.
Monday, August 01, 2016
Gold Is an Obvious Trade in This Freaking Fantasyland / Commodities / Gold and Silver 2016
By: John_Mauldin
JARED DILLIAN writes: I’m watching the Trump phenomenon with some mix of horror and amusement, like I suspect most people are.
I will say up front that I am no fan of Trump. I sincerely wish Gary Johnson would become president, having been a Libertarian long before it was fashionable (and when the candidates were a lot less viable).
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Monday, August 01, 2016
WTI Forecast Pattern Suggests Higher Crude Oil Prices Coming / Commodities / Crude Oil
By: Ken_Ticehurst
WTI having recently topped out at $50 per barrel, is now possibly ending a decent consolidation having moved off its start of the year lows. Our longer term patterns show the strong possibility of a rise to $60+ during the second half of this year before a further decline in to 2017.