Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, February 15, 2016
Soybeans Commodity Trading Weekly Setup / Commodities / Agricultural Commodities
Sasafuturestrading writes: Remember that there is one open position in the COPPER market.
SOYBEANS WEEKLY SETUP:
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Sunday, February 14, 2016
Is this the start of a run in Precious Metals? We think not / Commodities / Gold and Silver 2016
On the backs of a short-term weakness in the U.S. dollar, precious metals have made a sizable advance in the last few weeks.
Gold prices have jumped 17% and silver has increased over 12%.
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Sunday, February 14, 2016
What is Gold Telling Us? MAP WAVE ANALYSIS / Commodities / Gold and Silver 2016
Cycle analysis is something that is not well understood and reinforces that markets are not propelled by any form of intrinsic value of anything, including gold and money! They are propelled by expectations of the future and nothing else!
So starting with that we will look at what the analysis says, and then we can look at how that fits in with human behaviour, because that is what drives prices which reflect nothing more than investors future expectations!
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Sunday, February 14, 2016
GOLD In Two Words - BULL MARKET / Commodities / Gold and Silver 2016
BULL MARKET = 2 Words
We know it bottomed in Jul 2013. Really !!!
Lets go back to October of 2015 when this appeared on this blog.
GOLD NOW IS U$D 1336 - FIGURED IN COIN SHOPS FRIDAYS CLOSE WAS 1310 U$D, SO IT CORRELATES TO THE REAL WORLD, SINCE THE COIN SHOP PRICE IS F.O.B. COIN SHOP
Saturday, February 13, 2016
Seasonal Gold Price Correction on the Way / Commodities / Gold and Silver 2016
Goldvybe writes: Not much has changed since our gold correction commentary post on the 10th (here) except that gold had spiked up to $1263 on Thursday after global equities weakness and continued fears about European banks.
The fib retracements have stayed pretty much the same except now moving up a bit. For the most part, our analysis has not changed as we still anticipate a move lower from the seasonal February high into a seasonal low (March-April) of between $1130-$1150.
Saturday, February 13, 2016
Gold’s Macrocosm: The Planets Align / Commodities / Gold and Silver 2016
We introduced the graphical view of the preferred counter-cyclical environment for gold and especially the gold stock sector in July: Macrocosm. We have updated the view several times since at NFTRH.com, with the macro backdrop getting more and more supportive of the gold sector over the last half a year.
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Saturday, February 13, 2016
Gold New Bull Market on Track / Commodities / Gold and Silver 2016
Last week we focused on the gold stocks. There was more initial evidence of a new bull market there than in Gold. However, Thursday Gold erased some doubts as it rocketed above $1200/oz and to as high as $1264/oz before settling a bit lower. That move puts Gold's recovery on par with those following past major lows and offers greater confirmation that a new bull market is underway.
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Saturday, February 13, 2016
HUI Gold Stocks …Meet Me at The Bottomz Inn ? / Commodities / Gold and Silver Stocks 2016
This is the Question on Everyone’s mind .
Earlier this week we looked at the expanding triangle as a possible reversal pattern as it was testing the top rail with a beakout gap. The next two days saw the HUI decline back down to the top of the double bottom hump at 139 where it found support. Yesterdays price action took out the top rail of the expanding triangle again. Today the HUI backtested the top rail around the 155 area and is bouncing. There is no doubt the PM complex is overbought but we now have two possible reversal patterns in play. The double bottom which was the first pattern that showed itself and now the expanding triangle which has an odd number of reversal points, five, which makes it a reversal pattern instead of a consolidation pattern.
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Friday, February 12, 2016
Gold Stocks Upside Targets / Commodities / Gold and Silver Stocks 2016
The gold miners’ stocks are rocketing higher again, multiplying wealth for smart contrarian traders who bought them low in recent months. But after such a blistering surge, traders are naturally wondering how much farther gold stocks can run. Is it time to realize gains, or buy aggressively for greater gains to come? This critical question can be answered by looking at fundamentally-derived gold-stock price targets.
Many analysts shy away from offering price targets, with good reason. Divining precise future outcomes in volatile markets is all but impossible. Prevailing stock prices result from the chaotic interplay between sentimental, technical, and fundamental drivers. And an effectively-infinite array of variables can affect each one, making forecasting stock prices a fool’s errand. Nevertheless, this exercise is absolutely necessary.
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Friday, February 12, 2016
Gold, Gold Stocks, and the End Game / Commodities / Gold and Silver 2016
We have seen the bottom in the gold market and gold stocks.
Evidence:
- Examine the 30+ year chart of the monthly XAU (gold stock Index) to Gold ratio. You can see that the downtrend in the ratio has lasted about 20 years – since 1996. The ratio is now at all-time lows in the form of a contracting triangle. The triangle has been broken to the upside.
Friday, February 12, 2016
The Coming Silver Price Rally Will Be Fueled By A Crashing Dow / Commodities / Gold and Silver 2016
It is good news for silver investors when significant nominal peaks of the Dow are formed. This is because significant nominal peaks in the price of silver tend to come after significant nominal peaks in the Dow. This has been the case for the last 90 years at least.
The two most significant nominal peaks of the Dow were in 1929 and 1973. Silver made a significant peak in 1935, about six years after the Dow's major peak in 1929. Again, in 1980, silver made a significant peak, about seven years after the Dow's major peak in 1973.
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Friday, February 12, 2016
Is the Gold Price Manipulated? Part2 / Commodities / Gold and Silver 2016
One of the main arguments for the systematic suppression of the gold price says that governments and central banks try to stop gold being the canary in the inflationary mine. We have problems with this view.
First, there are many other indicators of inflation, like official indices (CPI, PPI, and PCEPI), inflation premiums embedded in Treasury prices, or oil and other commodity prices. Do central banks also suppress oil, copper and practically all commodities? We do not think so. The current bear market in gold and base metals is more connected with the strong U.S. dollar than with diligent manipulation.
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Friday, February 12, 2016
Gold Price Surges Another 7% This Week – Largest Gain Since 2008 / Commodities / Gold and Silver 2016
Gold bullion jumped 4 percent yesterday to $1,244.20/oz, its biggest single-day percentage rally since 2013. For the week, gold is 7.2% higher which is its biggest weekly gain since the global financial crisis in 2008.
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Friday, February 12, 2016
T. Boone Pickens On Obama Oil Tax: "Dumbest Idea Ever" / Commodities / Crude Oil
The Obama administration's proposed $10.25 per barrel oil tax adds up to approximately $32 billion a year, and critics are coming out of the woodwork in defense of both the oil industry and end users who would foot the bill for transportation system reforms-but it may be a moot point since the effort will simply be killed off by Congress.
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Friday, February 12, 2016
Will Harry Dent Eat Crow on His $700 Gold Price Prediction? / Commodities / Gold and Silver 2016
Investment guru Harry Dent has made quite a few predictions since his start in the 1980’s. He has certainly been correct a few times and had to backtrack several other times. In early 2013, he predicted a financial crash will begin between the end of 2013 and the first half of 2014. This prediction was incorrect or maybe just early by a few years.
In 2014, while promoting his book, he predicted a major Australian housing market correction beginning in 2014 after an even bigger one in China. While the housing market is cooling in both countries, we have yet to see a major correction.
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Friday, February 12, 2016
Cartel Buster Gold Price Rally / Commodities / Gold and Silver 2016
CARTEL~BUSTER ! - A hasty post for all who want to see !! I think this one tells a story.
all the red circles cover critical zones that are now stalling.
Needing more frequent and reliable updates, subscribe to Peak Picks and I will make sure you get periodic updates and Reversal Alerts.
Friday, February 12, 2016
Why is Gold Price up Nearly $60 this Morning? / Commodities / Gold and Silver 2016
It has something to do with Yellen’s not dovish enough Congressional testimony. It has something to do with global financial system problems associated with low interest rates. It also has something to do with emerging countries at the doorstep of penury. And last but not least, it has something to do with disinflationary pressures that threaten the financial system and world economy as a whole. However, these things, albeit good reasons to own gold, would normally play out in the price over an extended period of time.
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Thursday, February 11, 2016
2016 - Gold & Silver Rising: A Gold And Silver Bottom May Be In / Commodities / Gold and Silver 2016
We see the surface yet think it the whole; then discuss for hours what we think that we know
If a stock has "bottomed out", it means it might have reached its low point and could be in the early stages of an upward trend. Investors usually see a bottom as an opportunity to purchase securities when they are potentially underpriced…The bottom is used in technical analysis by defining the lowest level of support when charting a stock, commodity, index or economic cycle. http://www.investopedia.com/terms/b/bottom.asp
Last July, über market-timer Martin Armstrong predicted a gold bottom could happen between November 30th and December 7th or, during a certain week in early 2016 (known to his subscribers); and because I believe silver is subject to the same market forces as is gold, i.e. manipulation by the paper money cabal vs. free market supply and demand, a silver bottom would be in as well.
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Thursday, February 11, 2016
Gold Price Surges 3.2% To $1,241/oz As Deutsche Bank, Stocks Fall Sharply / Commodities / Gold and Silver 2016
Gold has surged over 3% today on increased safe haven demand as stocks and in particular bank stocks see sharp falls. German shares have nose dived again and German colossus Deutsche Bank has fallen over 8%.
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Wednesday, February 10, 2016
If You Miss Buying Gold – You Will Regret, it Later / Commodities / Gold and Silver 2016
If you held LinkedIn, in your portfolio, you have lost more than 43% of your investment within a single day, and it is most likely to decline even further. In the current situation of flux, it is difficult to find an asset class where you can safely deposit your money. The stock market is dropping and has entered a bear market, the crude oil market continues to hit new yearly lows while, base metals have no buyers, making it difficult to find an asset class where one can invest. But in the sea of red, the oasis will be Gold.
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