Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Monday, November 23, 2015
Trouble Is Brewing in the Paper Markets for Gold and Silver / Commodities / Gold and Silver 2015
Clint Siegner writes: Precious metals bulls question why metals prices keep falling in the face of what appears to be strong demand and great fundamental reasons for prices to move higher instead.
The bears have some answers of course. You can’t eat gold, it’s basically a pet rock, and modern financial systems are doing just fine without anything as antiquated as bullion gumming up the works.
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Monday, November 23, 2015
Crude Oil Swinging For The Fences - A 20 to 1 Option Play / Commodities / Options & Warrants
Over the last year oil, and commodities in general, have been much unloved. China and emerging market woes have created demand concerns while a mountain of supply side pressure has also been in play. This has seen oil prices fall from over $100 in early 2014 to hovering just above $40 now at the end of 2015. We believe that the rapid decline and extreme pessimism in the oil market could create a trading opportunity, and that this would be best harnessed by using options.
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Monday, November 23, 2015
US Dollar, CRB, Oil, Gas, Copper and Gold - The Chartology of Deflation / Commodities / Commodities Trading
About a month or so ago I started posting regularly on the possible inflection point I was seeing in regards to the deflationary trend that has been on going since 2011. As you know stocks move from a reversal or consolidation pattern in an impulse move which is much different than a sideways chopping action of a reversal or consolidation pattern. Impulse moves are the stored up energy that is released once a reversal or consolidation pattern is finished doing its job. About four weeks ago it looked like the most recent consolidation phase was coming to an end which would then leave the door opened to an impulse move.
At the first writing of the possible inflection point the US dollar was still trading within the confines of its possible bullish falling wedge which I viewed as a consolidation pattern to the upside. Shortly after that first post on the possible inflection point the US dollar broke out of its bullish falling wedge and is now approaching its previous high just above 100 or so. The US dollar is the key driver for this deflationary spiral that has been in place for over four years now with no light at the end of the tunnel for the commodities complex yet.
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Monday, November 23, 2015
Will Gold Price Drop Below $1000 Soon? / Commodities / Gold and Silver 2015
First of all I would like to say that last week was our best trading profit week ever since we began trading NUGT and DUST on August 19th of this year. Using e-wave, cycles, technical indicators and astrology, we were able to catch the bottom on GDX Wednesday around $13, expecting a move to cover the gap near $14.08 by Thursday or Friday (it tagged $14.06 on Thursday and on Friday $14.07). We then shorted the miners via DUST when GDX went above $14 a share. GDX ended Friday at $13.40.
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Monday, November 23, 2015
Gold and Silver Sector Big Green Light and Low Risk Entry Setup... / Commodities / Gold and Silver 2015
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Have the problems exposed by the financial crisis of 2008 been addressed and dealt with to any extent? - no they have not, they have been papered over by creating more debt and printing money, thus making the underlying problems much worse.
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Has debt shrunk since 2008? - no, it has exploded.
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Has the money supply contracted since 2008? - no, it has expanded massively.
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Has the derivatives pyramid been reduced in magnitude since 2008? - no it has continued to compound.
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Has the global economy grown sufficiently in the years since 2008 to more than cover the extra load imposed by the growth in the factors listed above? No, it has not, all it is has done is limp along, lamed by debt.
Sunday, November 22, 2015
Gold D-Wave / Commodities / Gold and Silver 2015
The D-wave came back down to test the previous consolidation zone.
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Sunday, November 22, 2015
Long Dollar Trade and Current Copper Price Below Cost of Production / Commodities / Copper
Sunday, November 22, 2015
Gold a Bargain in Real Terms / Commodities / Gold and Silver 2015
For those you who like to break things down to the fundamentals, this chart should serve as an eye-opener. Why? Because it tells us gold’s value in real terms when adjusted to depreciation in the purchasing power of the dollar. Secondly, it tells us where gold stands today with respect to past peaks in the price – once again in real terms – thus providing an indicator whether or not it is a good buy at current prices.
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