Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, January 05, 2016
Hedge Funds Remain Bullish Crude Oil Price / Commodities / Crude Oil
Just as the case with Silver, so do the hedge funds remain stubbornly long in crude oil.
Here is the updated COT chart as of last Tuesday, December 29, 2015.
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Tuesday, January 05, 2016
Gold and Silver Investors Betting on Deflation May Be a Huge Mistake. Here's Why... / Commodities / Gold and Silver 2016
Precious metals investors heading into 2016 worry the dollar will continue marching ahead, right over the top of gold and silver prices. The Fed is telegraphing additional rate hikes throughout the year, and commodity prices – led by crude oil – are falling. There have been tremors in the biggest beneficiary markets of all when it comes to the Fed's QE largesse – U.S. equities and real estate. And the possibility of a recession is growing, both in the U.S. and around the world.
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Tuesday, January 05, 2016
Gold Bull Trap / Commodities / Gold and Silver 2016
For most of December, gold has acted as if it is forming a base from which to rally but gold had a rough week last week losing $16.90/oz. and closed at 1,060.30. In addition, gold printed an engulfing bearish candlestick on the weekly chart. Cycles point to a low this week which could be followed by the kind of rally we would all like to catch but be careful; a 4 year cycle low is not due until later this year making any rally now a likely bull trap.
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Monday, January 04, 2016
Saudi Arabia and OPEC Manipulate Oil Prices to Eliminate It’s Competition / Commodities / Crude Oil
About eighteen months ago the international price of WTI Crude Oil, at the close of June 2014, was $105.93 per barrel. Flash-forward to today; the price of WTI Crude Oil was just holding above $38.00 per barrel, a drastic fall of more than 65% since June 2014. I will point out several reasons behind this sharp, sudden, and what now seems to be prolonged slump.
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Monday, January 04, 2016
Gold Bullion Price 2016 Upleg / Commodities / Gold and Silver 2016
Happy New Year. Thank you for all your support in 2015 and wishing you and yours a healthy, prosperous and happy 2016.
Adam Hamilton of Zeal Intelligence has looked at gold’s prospects in 2016 and he thinks the worst may be over for the yellow metal.
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Monday, January 04, 2016
Technical Analysis of the Lumber Commodity Market / Commodities / Lumber
Housing Demand Thesis
The last two years rents have been rising primarily due to supply and demand issues. There hasn`t been enough multifamily housing to keep up with the demand, and as the employment levels go up and more millennials move out of their parent`s house, I expect the housing market to continue to be on the slow but steady upswing of the last several years for 2016.
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Monday, January 04, 2016
Gold Advanced During 2015 in Most Major Currencies / Commodities / Gold and Silver 2015
Sentiment towards gold has been so bearish lately that you might think the yellow metal declined by 50% or more during 2015. In fact, it was only down 11% in U.S. dollar terms and gold actually advanced in most major currencies. Out of the 17 currencies tracked, gold was up in 10 of them and down in only 7 of them.
Gold advanced in both Canadian and Australian dollars, rocketed higher in Argentine pesos and Brazilian real, climbed higher in Mexican pesos, Russian Rubles, South African Rand, Turkish Lira and Ukrainian Hryvnia.
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Saturday, January 02, 2016
Dollar Collapse Gold Price Forecast 2016, Monetary Experiment - Audio / Commodities / Gold and Silver 2015
Gold is down in the US but rising in most other places. Could this be the start of the next bull market in precious metals and mining stocks? Meanwhile, the shape of next year's monetary policy is becoming more clear, and it's unlike anything seen since, well, biblical times. You'll be amazed and probably shocked.
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Saturday, January 02, 2016
Gold and Silver Price Manipulation to Melt Away Soon - Video / Commodities / Gold and Silver 2016
Transcript Excerpt: hi in my first video this year just like to talk about a couple of things I've seen on the Internet
first one of course I talked about it was the webpart video by Cliff high
about a week or so ago he talked about how it would reach $650 and gold would
be making a new high alongside silver and that would probably happen sometime
at the end of January this year and maybe beginning of February I just
listened to video on the internet with Bo pony I put the video to it the link
sorry to the video below at the you know below my video and basically both pony
is saying that his cycle work indicates that a lone goal should have been hit
Friday, January 01, 2016
Gold Another Losing Year / Commodities / Gold and Silver 2016
Here is a long term chart (monthly) showing where the price of gold ended last year ( 2014 ) and where it is ending up this year.
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Thursday, December 31, 2015
Fueling Gold Price 2016 Upleg / Commodities / Gold and Silver 2016
Gold certainly had a rough year in 2015, grinding inexorably lower on Fed-rate-hike fears and investor abandonment. But gold is poised to rebound dramatically in this new year, mean reverting out of its recent deep secular lows. The drivers of gold’s weakness have soared to such extremes that they have to reverse hard. The resulting heavy buying from dominant groups of traders will fuel gold’s mighty 2016 upleg.
Investment demand, or lack thereof, is what overwhelmingly drives the gold price. Investment certainly isn’t the largest component of gold demand, a crown held by jewelry at roughly 4/7ths of the total. But that is somewhat misleading, as gold’s investment merits are the primary reason Asians flock to gold jewelry. But since global jewelry demand is fairly consistent, it’s not what drives the gold price on the margin.
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Thursday, December 31, 2015
Crude Oil and Gold – What Can We Infer from This Relationship? / Commodities / Crude Oil
Trading position (short-term; our opinion): Short positions (with a stop-loss order at $39.12 and an initial downside target at $33.66) are justified from the risk/reward perspective.
Although crude oil moved higher yesterday, the key resistance lines continue to keep gains in check. What does it mean for the commodity? Will the oil-to-gold ratio give us more clues about future moves?
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Thursday, December 31, 2015
Gold and Silver 2016 Outlook / Commodities / Gold and Silver 2016
The precious metals sector will close 2015 entrenched in a seemingly forever bear market. Most of the sector has been in a bear market for over four and a half years. Gold’s bear market will reach four and a half years in a few months. Meanwhile the US Dollar’s bull market remains strong and is likely to continue. In this article we discuss our 2016 big picture outlook for the US Dollar, Gold and gold stocks.
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Wednesday, December 30, 2015
The Crude Oil Price 2016 Prediction Game / Commodities / Crude Oil
Anybody who tells you they know where the oil market is headed for 2016 is inexperienced, too stupid to realize there are far too many variables in play that are unknowable to predict with any accuracy their effects on other variables in the oil equation, talking their own respective books, just piling in with the recent herd mentality on the street, giving an opinion about as valid as the best paint color for a room, or like to see themselves on television talking about the hot market moving topic du jour.
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Wednesday, December 30, 2015
$10 Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC / Commodities / Crude Oil
OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs.The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion. The group expects oil prices to rise by an average of about $5 per year over the course of this decade, only reaching $80 per barrel in 2020. From there, it sees oil prices rising slowly, hitting $95 per barrel in 2040.
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Wednesday, December 30, 2015
Gold a Safe Harbor on an Ocean of Excess Reserves / Commodities / Gold and Silver 2015
"We had initially asked to pay interest [in 2006] on reserves for technical reasons. But in 2008, we needed the authority to solve an increasingly serious problem: the risk that our emergency lending, which had the side effect of increasing bank reserves, would lead short-term interest rates to fall below our federal funds target and thereby cause us to lose control of monetary policy. When banks have lots of reserves, they have less need to borrow from each other, which pushes down the interest rate on that borrowing — the federal funds rate." Ben Bernanke, The Courage to Act
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Tuesday, December 29, 2015
Gold Price $1071 Cap - Video / Commodities / Gold and Silver 2015
Gold is being capped at the 1071 level. This may or may not lead to one final attack to drive it to 1030 before the paper shorts get out of the way and let another bear market rally begin"
Transcript Excerpt:
today's commentary I'm going going to go over what's happening in the gold market
in the morning discuss the manipulation the gold market extensively in the last two videos I'm
just gonna chill down a little bit into what's happening right now we've got a
break this supports the intermediate low in July and it's become pretty clear
Tuesday, December 29, 2015
Gold and Silver Kabuki Bonus Time / Commodities / Gold and Silver 2015
There were no silver deliveries reported, and JPM took another slug of gold for 'delivery.'
The Bucket Shop is little more than a betting parlor these days.
There were some little movements in the inventories as reported below.
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Tuesday, December 29, 2015
Economic Lessons from the Age of the Pharaohs / Commodities / Gold and Silver 2015
“Joseph urged the Pharaoh to set aside one fifth of the crop in the good times and store the grain to ease the famine in the bad times, because if he didn’t do that, the good times would be forgotten and all the people would remember was the bad times. This wouldn’t be politically good for the Pharaoh.”
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Tuesday, December 29, 2015
Gold and Silver COTs Feature Short Covering / Commodities / Gold and Silver 2015
As suspected, the gains seen last week in both gold and silver ( and copper for that matter) were primarily the result of short covering. My view is that the bulk of this was tied to year-end book squaring ahead of Christmas and the New Year's holiday.
Starting with gold...
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