Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Wednesday, June 01, 2016
Global Mints Report Record Silver Coin Sales for 2015 / Commodities / Gold and Silver 2016
Gold coin sales register third best year since 2002, 30% increase over 2014
Global investors snapped up a record 89.6 million one ounce silver coins in 2015, according to USAGOLD’s annual survey of global bullion coin sales. The strong 2015 showing follows an equally impressive 2014 for silver coins at 77.9 million ounces and 2013 at 85.4 million ounces. Year over year, silver bullion coin demand was up 14% from 2014. Last year was a banner year for gold bullion coin sales as well – the fifth best since 2002. National mints sold 2.75 million ounces in 2015 – an impressive 30% increase over 2014.
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Wednesday, June 01, 2016
Gold and Silver - Are you still waiting for a pullback, so you can take part in the bull market? / Commodities / Gold and Silver 2016
Well, your time has come! Gold is in the process of testing the February breakout at a very important moving average. Whenever the market tests a breakout, it affords those who missed the breakout an opportunity to get onboard, and it enables those who helped to create the breakout, an opportunity to double up.
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Wednesday, June 01, 2016
The Numbers Add Up to Vindication for a Cautious Gold Bull. . . / Commodities / Gold and Silver 2016
Precious metals expert Michael Ballanger discusses the importance of caution and timing in gold investment.
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Tuesday, May 31, 2016
BREXIT Gold Diversification As Vote Fuels Market Uncertainty / Commodities / Gold and Silver 2016
BREXIT gold diversification is taking place due to concerns about the BREXIT vote on June 23rd as “smart money” institutions, banks and investors diversify into non negative yielding gold.
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Tuesday, May 31, 2016
Gold Price Not Ready for a Final Intermediate Cycle Low / Commodities / Gold and Silver 2016
The voice of complacency says no pullback in gold. Anyone who took profits will not get a chance to reenter. Here is the chart. Clearly this analyst was expecting gold to soon take out the 2014 high. It’s forming a bull flag and cup and handle patterns in preparation for the rocket launch right?
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Tuesday, May 31, 2016
3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch / Commodities / Crude Oil
Total global oil production could decline for the next several years in a row as scarce new sources of supply come online.
According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. But the deficit will only widen in the years ahead due to the dramatic scaling back in spending on new exploration and development.
Tuesday, May 31, 2016
Gold - Mr. Cool Cucumber is starting to Sweat / Commodities / Gold and Silver 2016
Since early February I have visually described my position and mental framework in the precious metals market as being “Cool as a Cucumber”. This has served me well as it has allowed me to stay invested as the move powered higher and many bailed to the sidelines expecting an early correction. Well now that we are into the first significant pullback lets see how Mr. Cucumber is doing and some of the market factors he is considering. Is he keeping his cool?
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Tuesday, May 31, 2016
AMAT Chirps, b2b Ramps, Yellen Hawks and Gold’s Fundamentals Erode / Commodities / Gold and Silver 2016
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.
The plain and simple fact is that the Semiconductor Equipment sector is firming, with the April Book-to-Bill (b2b) joining Applied Materials’ quarterly report noted in NFTRH 396’s opening segment as another bullish [economic] indicator. Semi Equipment was a leader to the general Semi sector in early 2013, which in turn led the economy and job creation. Our fundamental gold view improved in January 2016 as gold launched upward vs. global stock markets, joining its positive status vs. commodities.
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