Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, August 25, 2015
Second Chance To Buy Cheap Gold Mining Stocks / Commodities / Gold and Silver Stocks 2015
I want to take a special look at gold and the dollar this morning and see if we can’t alleviate some of the fears created yesterday by the big move down in mining stocks. As I’ve noted before it’s not uncommon for big money to try to run stops to enter at the cheapest price possible. We actually saw GDXJ run the stops last winter right before a second daily cycle tacked on some very big gains in the metals sector. We may see that again in the mining sector over the next few days, possibly as oil puts in its final three-year cycle low.
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Tuesday, August 25, 2015
Gold Facts and Gold Speculations / Commodities / Gold and Silver 2015
Gold was valuable 3,000 years ago and will be valuable 3,000 years from now. But can you say the same for dollars, euros, yen, or pounds?
Gold maintains its value (on average) over centuries. Can you expect similar longevity for debt based fiat currencies that are managed by politicians and created with printing presses or computers in central banks?
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Tuesday, August 25, 2015
Saudis Could Face An Open Revolt At Next OPEC Oil Meeting / Commodities / Crude Oil
OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia’s role of guarantor of $100+/bbl oil.
Despite the intense financial and economic pain this decision has inflicted on Saudi Arabia, its fellow OPEC members, and other oil producers, the Saudis have given no indication they plan to alter course. In fact, Saudis have downplayed the impact of lower prices on their country, asserting that the kingdom has the financial wherewithal to withstand lower oil prices.
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Tuesday, August 25, 2015
Gold the Ultimate Financial Crisis Insurance / Commodities / Gold and Silver 2015
By Brian Hunt
You wake up in the morning, turn on the news, and get a sick feeling in your stomach…
The stock market is crashing again.
Another big Wall Street bank has failed.
Your 401(k) has lost another 25%. It’s bleeding value every week.
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Monday, August 24, 2015
Gold and Silver: Heading for a “Blue Screen of Death” Event? / Commodities / Gold and Silver 2015
David H. Smith writes: For personal computer users who by choice or circumstance, find themselves using a version of the Microsoft Windows operating software family, a dreaded condition known as the “Blue Screen of Death” (BSoD) is a seldom occurring, yet ever-present possibility. Wikipedia defines it as being caused by poorly written device drivers or malfunctioning hardware, such as faulty memory, power supply issues, overheating of components or hardware running beyond its specification limits.
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Monday, August 24, 2015
Silver And The Petrodollar / Commodities / Gold and Silver 2015
Many have mistakenly dismissed silver as just another commodity like oil, for example. If one looks at how silver has traded since 2001, in comparison with oil, one might agree with that mistaken believe. Below is a comparison of silver and oil since 2001 (charts from stockcharts.com):
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Monday, August 24, 2015
Gold and Silver Risk On / Commodities / Gold and Silver 2015
This week market relationships underwent a sea-change, with a sudden realisation that the global economy is in a deepening crisis. Equity valuations in the developed nations are falling sharply and corporate bond spreads are widening, triggering a flight to the relative safety of government bonds. Gold and silver prices have recovered somewhat this week, with gold now 9% up from its lows of six weeks ago, and silver 8%.
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Saturday, August 22, 2015
Gold And Silver – NWO In Its Element: Problem, Reaction, Solution. Beware / Commodities / Gold and Silver 2015
Last week, we lamented how difficult it was to get a fix on the so many things going on in the world, and going wrong. It occurs to us that we are all in the midst of the New World Order going about business as usual, creating Problems, and the bigger the better, then watching reactions of the masses, even governments. The worse possible the problems, the more horrifying the Reactions the better. For waiting in the wings is their planned Solution, all leading toward global takeover under a one world rule, like the UN.
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Saturday, August 22, 2015
Pretty Good Day For Gold Bugs / Commodities / Gold and Silver 2015
The bull market that wouldn't end finally has. In a brutal day that just kept getting worse, US stocks followed Asia and Europe into the deflationary vortex.
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Saturday, August 22, 2015
Crude Oil Price Crash Continues: West Texas Crude Below $40, Brent Near $45 / Commodities / Gold and Silver 2015
The crash in oil prices continues. Here are a couple charts to consider.
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Friday, August 21, 2015
Gold Reaches Rebound Targets / Commodities / Gold and Silver 2015
Precious metals for the most part have reached their initial rebound targets. Gold has led the charge by pushing above $1140 to $1150/oz resistance (for now) while Silver rebounded back to former support (the mid $15s). GDXJ has nearly touched $23 but GDX has failed to touch $17. This leaves us to question how much upside could be left and what happens next.
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Friday, August 21, 2015
Gold Junior Stocks Strong Financials / Commodities / Gold and Silver Stocks 2015
The smaller gold miners and explorers have suffered catastrophic stock-price losses in recent years. These extreme declines have led investors and speculators to assume that much of this sector won’t survive lower prevailing gold prices. But nothing could be farther from the truth. The hated and left-for-dead junior-gold sector is not only very strong financially today, but could still thrive at much lower gold prices.
With many hundreds of junior gold stocks trading around the world, this sector isn’t easy to measure. They range from smaller producers with fantastic operating mines, to explorers doggedly advancing their projects in these dark times, to countless garbage shell companies that will never do anything beyond fleecing the unwary. The proliferation of junior golds is incredible, making it difficult to wade through the morass.
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Friday, August 21, 2015
Gold Price Ratios / Commodities / Gold and Silver 2015
For your viewing pleasure, some pictures that readers of this site and NFTRH.com have been aware of for some time now and NFTRH subscribers are repeatedly kept aware of (whether they like it or not).
Gold is not just another metal...
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Friday, August 21, 2015
The Next Silver Bull Market May Have Already Started / Commodities / Gold and Silver 2015
There are fundamentals. And then there is legalized betting, ultimately backed by you, the tax payer. Otherwise known as speculative trades.Modern day commodity prices are determined by the latter, rather than by the result of trading based on the former.
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Friday, August 21, 2015
The Oil Bubble...Which Just Bust...Was Caused by Derivatives: That’s why Shale Oil is finished / Commodities / Shale Oil and Gas
There are plenty of reasons put-forward for why oil prices more than halved over the past year. But no one’s talking about a bubble that bust; seems like the world is wallowing in denial. Likely because if indeed it was a bubble (that just bust), it’s going to be a LONG TIME before anyone sees $100 again, and just about everybody has exposure to that scenario.
”I Blame it on the Saudi’s...BOMB THEM” says Donald Trump, well actually he didn’t say that; but that’s the sort of stupid remark you’d expect from a Republican Party Presidential front-runner.
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Friday, August 21, 2015
The Future of Natural Gas, Part II / Commodities / Natural Gas
MoneyMorning.com Dr. Kent Moors writes: As I discussed in the last edition of Oil & Energy Investor, this morning I made the keynote address at the Dominion Transport-hosted meeting of natural gas executives in western Pennsylvania.
My address comprised my primary take on natural gas prospects and is entitled “Natural Gas Moving Forward: LNG, Hubs, and Pricing Prospects.”
As always, I try to keep you in the loop of what’s happening when I meet with the movers and shakers, so today I’ll be sharing the rest of my address with you.
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Thursday, August 20, 2015
Silver – More Evidence of a Price Bottom / Commodities / Gold and Silver 2015
Silver prices hit a low of about $14.33 on July 24 after High Frequency Traders had run stops that week. It has happened before and will again. Occasionally they will run stops going up, not down. The gold to silver ratio has been hovering around 75.
That ratio has a long history of volatility. The ratio is high when silver prices are low and as silver prices push higher, the ratio drops. Note the graph of the gold to silver ratio using weekly data for ten years.
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Thursday, August 20, 2015
Precious Metals Microcosm Expanding / Commodities / Gold and Silver 2015
NFTRH 353 introduced the idea of a Macrocosm, a planetary representation of elements that need to come into place for a real investment stance on the gold stock sector (as opposed to the imagined elements cooked up by perma-bulls over the last few years). The Macrocosm idea came to me when the gold sector was acting firmly counter-cyclical on a day that most other markets were suffering. Then it happened again.
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Thursday, August 20, 2015
Did China Kick-Start A New Bull Market In Gold? / Commodities / Gold and Silver 2015
Many have written about the devaluation of the Chinese currency last week, in particular its causes and consequences.
In mainstream media, most opinions are centered around the weakness of the Chinese economy which is now growing less than 7%. Logically, they argue, China wants to stimulate exports and stabilize the currency by ‘de-pegging’ it from a strengthening dollar.
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Wednesday, August 19, 2015
Crude Oil Energy Markets and Jobs Disintegrating / Commodities / Crude Oil
The US Energy Information Administration released their weekly data this morning as usual. The reaction to the data from crude oil was anything but the usual. Most everyone in the industry was looking for a draw in crude oil stockpiles especially after yesterday afternoon’s API data showed a reduction in supplies.
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