Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, June 08, 2016
Gold and Silver Look Set for a Major Move Higher in June! - Video / Commodities / Gold and Silver 2016
hi it's Wednesday jun 8 2016, here home of alternative economics and contrarian thinking this morning i'm
going to be talking about gold and silver they made some knife nice moves on friday afternoon on farm payroll june
third it looks to me technically like when stay tuned first was the short term
bottom here for now in gold and silver and we've had a bit of consolidation
yesterday and on Monday gold and silver didn't really go anywhere but this
morning silver is up to . 3 % @ 1675 it's a around midday london time so seven
o'clock new york time gold is at 1253 so up almost ten dollars up . seven eight
percent and i'm going to do a little bit of technical analysis and i'll start out
with with silver and looking first at the short term chart of silver and to me
it looks like we bottomed on june first act 1582 and now I brought up the short
term chart here and you can see that from april we moved from 1478 on the
first of april that was the low end to a high of 1801 in on may first so that was...
Wednesday, June 08, 2016
US Jobs Report Changes the Landscape for Gold / Commodities / Gold and Silver 2016
Gold soars as chances for a Fed rate hike this month evaporate. Brien Lundin, editor of Gold Newsletter, details what that means for investors.
Perhaps the lesson is this: Don't count gold out.
Last week, I was expecting another thrust downward for gold, with the metal losing perhaps another $35–$60 to the $1,150–$1,175 range.
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Tuesday, June 07, 2016
Gold Bullion, Texas Is Taking on a New Battle…Against the Entire Financial System / Commodities / Gold and Silver 2016
200 men against 1,500 enemy troops.They were never going to win. They fought anyway. Everyone died. It’s a story that most Americans are vaguely aware of, but the tale of the Alamo is seared into the heart of every Texan.
In losing the battle in such heroic fashion, the defenders rallied others to the cause, helping the Tejanos defeat the Mexican army in 1836. Like that, the country of Texas was born. Nine years later, the young nation joined the United States and became the only state to join the union by treaty.
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Tuesday, June 07, 2016
Gold Prices Surge After Poor Jobs Number, Increased Risk Of BREXIT / Commodities / Gold and Silver 2016
Gold prices surged nearly 3% after the very poor jobs number on Friday, have maintained those gains and appear to be consolidating as concerns about the U.S. economy and BREXIT deepen.
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Tuesday, June 07, 2016
Former Bank of England head Mervyn King joins Alan Greenspan in advocating Gold Ownership / Commodities / Gold and Silver 2016
In The End of Alchemy, Mervyn King, the former head of the Bank of England, writes of central banks’ frustration in dealing with the stagnant global economy. “Central banks,” he says, “have thrown everything at their economies, and yet the results have been disappointing, Whatever can be said about the world recovery since the crisis, it has been neither strong, nor sustainable, nor balanced.”
Similarly, former IMF chief economist, Olivier Blanchard was recently quoted in the Financial Times as saying: “And so the question is why is it, that with no fiscal consolidation and banks in decent shape, at least in terms of lending, and zero interest rates, we don’t have an enormous demand boom? That is now the puzzle.”
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Tuesday, June 07, 2016
Gold Stocks Be Prepared / Commodities / Gold and Silver Stocks 2016
There are two patterns I'm watching very closely in here on the HUI which will be a proxy for the rest of the PM stock indexes. This first chart is daily chart which shows the three small consolidation patterns that have formed since the January low. The top pattern basically completed its fourth reversal point today which is an expanding falling wedge. One of two things will most likely happen tomorrow. If this is the correct consolidation pattern then we will most likely see a breakout gap above the top rail which should lead to the next impulse move up. The second scenario would be to see the top rail hold resistance and a move down to the bottom rail of the expanding falling wedge where the 38% retrace would come into play around the 183 area. This pattern is complete except for the breakout.
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Tuesday, June 07, 2016
Crude Oil Price Is Due for a Correction / Commodities / Crude Oil
Technical analyst Jack Chan demonstrates the divergence between oil equity prices and the underlying commodity.
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Monday, June 06, 2016
First Majestic Silver Stock Soars / Commodities / Gold and Silver Stocks 2016
First Majestic Silver has been one of the world’s best-performing stocks in 2016, nearly quintupling at best in recent months. This outstanding Canadian silver miner runs extensive operations in Mexico, and is one of this metal’s purest producers. Despite its blistering run this year, First Majestic remains incredibly well-positioned to greatly leverage silver’s mean reversion higher. Investors should take a look.
First Majestic Silver’s amazing fundamentals won me over as a fan years ago, and I definitely have a dog in this fight. As silver was grinding along near major secular lows late last year, we recommended a new long-term investment in First Majestic at $3.20 in our monthly newsletter. Then in mid-January as silver stocks languished, we added another new First Majestic trade at $2.51 in our weekly newsletter.
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Monday, June 06, 2016
Gold Mixed Signals or a Clear Path Forward? / Commodities / Gold and Silver 2016
Last week’s opening paragraph: “If we are going to highlight improving fundamentals, which we did as gold out performed commodities and stock markets, then we also have to highlight and respect eroding fundamentals; no ifs, ands or buts.”
This week’s opening paragraph: If we are going to highlight eroding fundamentals, which we did as gold under performed commodities and stock markets and Semi Equipment made an early positive economic indication, then we also have to highlight and respect improving fundamentals; no ifs, ands or buts.
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Sunday, June 05, 2016
Traders Panicking EVerywhere, Gold Chart / Commodities / Gold and Silver 2016
I see traders everywhere panicking. People are acting like they’ve gotten left behind. Nothing could be further from the truth.
While I’m skeptical that gold has made a final intermediate cycle low because it hasn’t dropped far enough to break the intermediate trend line yet, and the dollar should still have another leg up this month, the reality is that gold is only on day 3 of this daily cycle.
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Saturday, June 04, 2016
Gold And Silver – Friday May Have Marked A Pivotal Turnaround / Commodities / Gold and Silver 2016
More reasons why owning gold and silver should be at the top of everyone’s financial survival list, current elite-abused [abandoned] supply/demand considerations aside not being a part of the reasons where reason is utterly absent. Politicians have run amok. The elites are driving world economies harder and faster into the ground. Lies are the current political and financial currency, and the public seem not to mind.
From the Washington Post: 9 charts showing Yes-We-Can-Obama’s “recovery.” The 1st, 3rd, and 4th charts show debt of the American people [remember the 14th Amendment: the federal debt cannot be challenged – the elites had that written in]; the 2nd shows the ‘growth” of those reliant on the public teat, [in large, thanks to the preceding chart and the ones that follow]; the 5th shows Yes-We-Can Obama’s force-fed healthcare solution that nobody except him and the elites wanted, and why debt-enslavement is ensured, forcing yet more Americans onto chart 2; charts 6, 8, and 9 show Yes-We-Can-Obama’s “healthy economy,” if anyone is sufficiently retarded gullible enough to believe his lies. Chart 7 is a mystery. Insert any color vs the federal government, and you would get the same chart, maybe even worse.
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Saturday, June 04, 2016
Why Crude Oil $50 Won't Last, Chances of a Breakdown Are High / Commodities / Crude Oil
Technical analyst and newsletter writer Clive Maund lists the reasons he believes oil prices, which recently peaked above $50/barrel, are headed for a fall.
It still looks like oil is topping out here at about the $50 level after its substantial recovery uptrend from its February low. While we cannot be sure until it breaks down from its uptrend, the chances of its doing so soon look high for various reasons.
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Saturday, June 04, 2016
Are Junior Gold Stocks Following 2008-2009 Recovery? / Commodities / Gold and Silver Stocks 2016
Weeks ago precious metals began a correction amid overbought conditions (in the miners) and very bullish sentiment in the metals. The recent Fed minutes helped accelerate the weakness but it lost steam in recent days. A real stinker of a jobs report completely reversed the thought that the Fed would hike rates in the summer and it sent precious metals surging. As a result, the gold stocks and junior gold stocks especially could be back on the path to making new highs before autumn.
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Friday, June 03, 2016
Silver Bullion – Perfect Storm Brewing in the Market / Commodities / Gold and Silver 2016
Silver bullion is seeing a “perfect storm” brewing in the physical market according to an article replete with some recent videos about the silver market by Rory Hall of the precious metals website, The Daily Coin.
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Thursday, June 02, 2016
On the Price of Oil / Commodities / Crude Oil
Since its high of almost $108/bbl in June of 2014, we have witnessed a stunning collapse in the price of oil. Indeed, in February 2016, a barrel of West Texas Intermediate (WTI) was trading at $26/bbl, a 76 percent plunge from the June 2014 highs. It has since clawed its way back to $49/bbl (May 24th).Read full article... Read full article...
Thursday, June 02, 2016
Junior Precious Metals Miners: Go With Who You Know / Commodities / Gold and Silver Stocks 2016
The first few months of this year gave a little taste of what’s to come for the junior precious metals miners, if this is indeed the start of a new gold/silver bull market. Some sample charts:
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Thursday, June 02, 2016
The Gold Bull Market – Is it Time Yet? / Commodities / Gold and Silver 2016
Chart Freak writes: The Gold Bull Market
Do you think the Gold Bull Market has returned? Obviously I do, and have been trading as if the Gold Bull Market has returned. You need to be aware of this opportunity and appreciate that another big move in this Gold Bull Market is again developing. If this next move is anything like the moves seen during past Gold Bull Market’s, then you will not want to miss the next buying entry after this current correction winds down.
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Thursday, June 02, 2016
Why Technical Analysis Does Not Work for Gold and Silver / Commodities / Gold and Silver 2016
Michael Ballanger, a precious metals expert, says he believes technical charts were created by bullion bank traders to lull the "chartists" into a false sense of security.
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Thursday, June 02, 2016
Felix Zulauf: Monetary Stimulation Creates Bubbles, Not Prosperity Nor Growth / Commodities / Gold and Silver 2016
This is an interview with Felix Zulauf by Global Gold about key developments when it comes to monetary policies, market outlook, investment decisions, and precious metals.
Felix Zulauf gave an outstanding interview with a lot of valuable insights that, undoubtedly, savvy investors will greatly appreciate.
Welcome to the first Global Gold podcast. My name is Claudio Grass and joining us today is Felix Zulauf, Founder and President of Zulauf Asset Management. He is here to share with us his outlook on the state of our economy, recent developments in the financial markets and his views on current political changes.
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Wednesday, June 01, 2016
GDX Adjusted Cycle, Projection and Chart / Commodities / Gold and Silver 2016
GDX and gold look to make their low around June 24, not June 17th as I had reported earlier. The cycles are following gold’s and not GDX’s cycle. June 2nd is a cycle change point (either a low or high) and happens to be the 16 TD low for gold.
The chart below shows GDX’s wave count ending an (x) of B wave on June 2 near 21.81 and rallying to 25.42 by June 8th to finish (y) of B.
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