Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, December 01, 2015
The Upside of a Down Gold Mining Market / Commodities / Gold and Silver Stocks 2015
When the instinct is strongest to curl up in a ball and wait out the ravages of the down market is also when smart companies snap up distressed projects and get to work while capital costs are low. In this interview with The Gold Report, veteran investors Bob Moriarty of 321gold.com and Adrian Day of Adrian Day Asset Management share their messages to mining company CEOs and investors about advancing frugally to avoid being left in the dark. To make investing in teams doing the right things even easier, they identify a dozen companies that have already taken the contrarian advice to heart.
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Tuesday, December 01, 2015
ISIS, Turkey And Oil – The Bigger Picture: Interview With Pelicourt / Commodities / Crude Oil
As the terrorist attack in Paris sparks worldwide fear of similar reprisals and a bloody shootout and hostage situation in a five-star Mali hotel exacerbates those concerns, global energy security reels under the pressure of unfathomable geopolitics. In an exclusive interview with Oilprice.com, Robert Bensh—managing director and partner at Pelicourt, a Western-owned oil and gas company navigating tricky conflict zones—discusses:Read full article... Read full article...
Tuesday, December 01, 2015
Crude Oil Erases Price Gains / Commodities / Crude Oil
Trading position (short-term; our opinion): Short positions with a stop-loss order at $54.12 and initial (!) target price at $35.72 are justified from the risk/reward perspective.
On Friday, crude oil lost 3.31% as a stronger greenback weighed on the price of the commodity. Thanks to these circumstances, light crude moved away from its key resistance area and closed another week below it. Will this event encourage oil bears to act in the coming days?
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Tuesday, December 01, 2015
Precious Metals - If You're Out of the Room, You're Out of the Deal / Commodities / Gold and Silver 2015
David Smith writes: There's a saying in the resource sector investment community regarding whether or not a person might be privy to a good private placement or the inside scoop on a company that's working on a lucrative gold or silver project. The saying goes: “If you're out of the room, you're out of the deal.”
As the day comes closer when the precious metals turn to the upside in earnest – well before the public mania phase alerts everyone on the planet to the potential – we could confront an event which moves the precious metals upward so quickly and violently, that people don't have at least a core holding beforehand will be left standing at the proverbial station. That train might not just pull away, but instead launch down the rails like a rocket.
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Tuesday, December 01, 2015
Gold Demand in China Heading For Record and Reserves / Commodities / Gold and Silver 2015
While gold prices continue to languish in the doldrums and are on course for their worst month since 2013, global demand and especially Chinese retail, investor and official demand continues to remain very robust. Indeed, China looks likely to see a new record demand for gold annually again in 2015.
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Monday, November 30, 2015
Don't Sell Your Gold Because of Mario Draghi / Commodities / Gold and Silver 2015
European Central Bank President, Mario Draghi, has been trying to lower the value of the euro by promising to pursue inflation with a vengeance. His inflation rhetoric was stepped up during a speech he gave to Germany on November 20th of this year. In that speech Mr. Draghi vowed to "do what we must to raise inflation as quickly as possible."
Draghi's efforts to crush the euro have somehow been taken by Wall Street as a great opportunity to sell gold. But there shouldn't be a person alive having an IQ greater than a mentally challenged ameba that can rationalize why it is appropriate to sell gold simply because of Mario Draghi's obsession with creating inflation and destroying the euro.
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Monday, November 30, 2015
Comex Gold Vault Almost Empty. Possible Default in December - Video / Commodities / Gold and Silver 2015
I'm gonna be talking about an interesting article that bill hoelter wrote today it's called can you handle the ugly truth? and he examines the price action of gold on Friday which was a very illiquid day for gold on the Comex because it was a half they knew it was. You know the day after Thanksgiving most people most participants are away on holiday in the States and the rest of the world, so they don't really trade too much gold...
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Sunday, November 29, 2015
A Black Friday for Gold Prices / Commodities / Gold and Silver 2015
Black Friday is a big and usually good trading day for the retail sector; however, for gold prices it was a punch on the nose. Gold suffered a loss of $14.30 to close at $1056.10/oz, its lowest level since early 2010.Background
It’s been almost 50 months since the gold traded at the dizzy heights of $1900/oz back in August 2011, to the delight of every gold bug on the planet. However, since then it has been a slow grind south with rally after rally proving to be just another head fake. Gold has now lost $845.00 or 44.47% of its value in dollar terms, since peaking back then.
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Sunday, November 29, 2015
Stock Market Down Monday, Gold Price Bottoming? / Commodities / Gold and Silver 2015
Three weeks ago I warned my subscribers that a Mars aspect on November 12th (Mars conjunct Venus in Libra) was indicating an explosive situation ahead, including possible terrorist activity. That very same week on November 13th, the Paris attacks occurred. We have an even more explosive Mars situation beginning on December 6th (Mars square Pluto/Neptune) and again on December 10th (Mars opposite Neptune). Mars entered Libra on November 12th and doesn't leave that sign until early January. Mars is ruled by Aries, which is opposite the peace loving sign of Libra. Mars is conjunct Venus until Dec 4th. Venus is ruled by Libra, so the conflict continues.
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Saturday, November 28, 2015
HUI and Gold - Who's Leading Whom? / Commodities / Gold and Silver Stocks 2015
The Key Principle of this market analysing discipline we call Chartology: What makes the markets go up and down and sideways are investors emotions.
From the little guy trading on his laptop to some big hedge fund manager that has an office full of people telling him what to do. The sum total of everyone's psychology and conviction is what creates the many different chart patterns we are constantly searching for. Take for example the principle of Reverse Symmetry, how a stock goes up is often how it comes back down. Something one needs to look for when you're analyzing a chart for the purpose of discerning the next probable move. It doesn't make any difference what time frame you're looking at either. This is the reason, when you have a parabolic rise in a stock, you'll see a very similar decline which many times is faster than when it went up. The reason for this is because the stock spent very little time consolidating the impulse move, only taking the time to form very small consolidation patterns which don't have the staying power of a big consolidation pattern. There is nothing to offer support once the reversal takes place.The conviction (psychology again) of the market players is not there.
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Saturday, November 28, 2015
Gold And Silver - No Ending Action, But End May Be Near / Commodities / Gold and Silver 2015
If the end is not near, it is certainly nearer. We are not calling for an end, for that is up to the market. All we, or anyone can do is observe developing market activity and make a determination as to when a trend is changing. The market always provides that information, and quite accurately as to timing, so there is no need to guess when that time might be. By patiently waiting, there is no risk in getting in too soon. The market is cluttered with people and large losses that tried to "beat the market" by getting in too soon, anticipating a change that has not yet developed.
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Friday, November 27, 2015
China’s Coming of Age: Yuan To Join SDR Basket As IMF Reserve Currency / Commodities / China Currency Yuan
Christine Lagarde and the IMF Executive Board recently announced their intention to include the Chinese renminbi (RMB) in the Special Drawing Rights’ (SDR) valuation formula. This would bring the Chinese currency into an exclusive group – alongside the US dollar, the euro, the British pound and the Japanese yen - of 5 global currencies that make up the IMF’s own reserve currency.
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Wednesday, November 25, 2015
Gold Market Goes Quiet – Do We Hear The Echo Of The Bottom? / Commodities / Gold and Silver 2015
Demand for gold is soaring according to the World Gold council’s latest report. The report shows that overall worldwide demand for gold rose by a very significant 33% with the US, Europe, China and Russia all stocking up and pushing demand. Central bankers, lead by Russia, are stocking up aggressively.
With fundamentals like these, why are gold prices not soaring? Crowd psychology might be one reason. Sol Palha of Technical Investor explains.
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Wednesday, November 25, 2015
Will Fresh QE From ECB Boost Gold? / Commodities / Gold and Silver 2015
The threat of deflation in the Eurozone is an issue that continues to plague the ECB. The current easing measures have failed to drive inflation above 0.3%, which is far short of the 2% inflation target that the ECB is mandated to reach. This has led ECB President Mario Draghi to begin the discussion of further QE to stimulate prices in the region. Just last week Draghi commented that:
“We consider the APP [asset-purchase programme] to be a powerful and flexible instrument, as it can be adjusted in terms of size, composition or duration to achieve a more expansionary policy stance… We will do what we must to raise inflation as quickly as possible. That is what our price stability mandate requires of us.”
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Tuesday, November 24, 2015
How 4,000 Roman Coins Found Buried in Swiss Orchard Reinforce Gold Ownership Today / Commodities / Gold and Silver 2015
“The coins’ excellent condition indicated that the owner systematically stashed them away shortly after they were made, the archaeologists said. For some reason that person had buried them shortly after 294 and never retrieved them. Some of the coins, made mainly of bronze but with a 5% silver content were buried in small leather pouches. The archaeologists said it was impossible to determine the original value of the money due to rampant inflation at the time, but said they would have been worth at least a year or two of wages.” – The Guardian/11-19-2015
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Tuesday, November 24, 2015
You Can’t Eat Gold or a Debt Sandwich / Commodities / Gold and Silver 2015
In one hand we hold gold, which is eternal, beautiful, and valuable everywhere.
In the other hand we are stuck with a debt sandwich. That sandwich is a massive slab of debt wedged between an impressive military war machine that spends money like water flowing over Niagara, and a huge welfare system that spends money even more rapidly. Included in the welfare system are Social Security pensions, Disability Income, Medicare, Medicaid, SNAP (food stamps), many more programs, and the salaries, bureaucracy and pensions to support them.
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Tuesday, November 24, 2015
Is Gold Price on the Verge of a Breakout? / Commodities / Gold and Silver 2015
Hasten slowly and ye shall soon arrive. - MilarepaIn August, we came out and openly stated in an article titled the Gold bull is dead that it was not the time to buy Gold. At that time, many analysts were calling for a bottom and much higher prices. We stated that there was a high probability that Gold would move lower before bottoming out. Fast forward and that outlook has come to pass.
So let’s see what picture fundamentals paint.
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Tuesday, November 24, 2015
Will JPM Dump Physical Silver Into the Next Price Rally? / Commodities / Gold and Silver 2015
The final question asked of Ted Butler in our recent Q&A was in response to his claim that JPM has amassed a huge hoard of silver over the last 4 years…. The question is, can they do this?Ted: Sure. If you own something, you can't tell somebody you can't sell it. Is it possible that J.P. Morgan could use the physical, (the four hundred million ounces that I allege that they've accumulated in the last four and a half years), to keep the price of silver depressed for as long as they could supply silver to the market at any price that they decided? Is it possible? Yes, of course it's possible.
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Tuesday, November 24, 2015
Silver Price, COT, US Dollar Updates and More / Commodities / Gold and Silver 2015
Silver cracked the $14 level in today's session but managed to recover prior to the close. Some of the recovery was aided by the retreat of the US Dollar away from the magical 100 level basis the USDX.
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Tuesday, November 24, 2015
Corn Commodity Price Popping Higher / Commodities / Agricultural Commodities
The corn price finally looks set to pop a lot higher so let's look at the short term action with the daily chart and then refresh ourselves of the long term outlook which remains unchanged.
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