Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, August 13, 2015
Currency Devalution - It's China's Turn / Commodities / Gold and Silver 2015
By: Ashraf_Laidi
Devaluing currencies from the US to Japan, Eurozone and China. Although Japan started zero interest rate policy back in the mid-1990s, for a more relevant comparison, we start the analysis post-2008/9 crisis.
Thursday, August 13, 2015
The Saudi Crude Oil Price War Is Backfiring / Commodities / Crude Oil
By: OilPrice_Com
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump.The Saudis have kept their production levels high since last year in order to drive other players (especially U.S. shale drillers) out of business. Equally clear is the fact that this strategy of maintaining the glut and driving out rivals hasn't worked so far.
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Wednesday, August 12, 2015
What China’s Surprise Announcement Means for Crude Oil / Commodities / Crude Oil
By: ...
MoneyMorning.com Dr. Kent Moors writes: The People’s Bank of China (PBOC) just decided to cut the value of the Chinese currency, the yuan, by 2%.
The announcement took analysts by surprise and signaled that Beijing has decided to shore up a weakness in exports. It will now almost certainly usher in similar moves by other Asian countries that are China’s exporting competitors.
And behind that cut U.S. oil and gas producers face another painful period.
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Wednesday, August 12, 2015
U.S. and Canadian Mint Dysfunction Snowballs as Silver Coin Premiums Rise / Commodities / Gold and Silver 2015
By: Submissions
Clint Siegner writes: Lower precious metals prices on Wall Street aren't necessarily bringing lower prices on Main Street.
The retail market for gold and silver coins, bars, and rounds has been swamped with high demand since mid June. Both the U.S. Mint and the Royal Canadian Mint continue to run into serious issues keeping up with retail silver coin demand.
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Wednesday, August 12, 2015
Owing More Than Half Of The World's Gold / Commodities / Gold and Silver 2015
By: Hubert_Moolman
Gold has bottomed in terms of just about everything like oil (in 2005), platinum (2008) and the Dow (1999). One important measure in terms of which it has not bottomed is the amount of currency (US adjusted monetary base).
This monetary base, as the name suggests, is at the root of debt or money creation in this debt-based monetary system. If this system was honest, then this monetary base would basically reflect gold available at the Treasury or Federal Reserve to redeem currency issued by the Federal Reserve.
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Wednesday, August 12, 2015
Gold Holds Its Own As Media Stocks Collapse / Commodities / Gold and Silver Stocks 2015
By: GoldCore
Daily Prices
Today’s Gold prices were USD 1,113.25, EUR 1008.97 and GBP 713.74 per ounce.
Yesterday’s Gold prices were USD 1,094.80, EUR 998.50 and GBP 707.74 per ounce.
[LBMA AM prices]
Wednesday, August 12, 2015
Thinking Outside the Commodity Box: Benchmark's Investment Primer for Lithium, Cobalt and Graphite / Commodities / Metals & Mining
By: The_Gold_Report
It's often difficult to understand the global markets for critical minerals so The Gold Report narrowed it to three—lithium, cobalt and graphite—and brought in Simon Moores, managing director of London-based Benchmark Mineral Intelligence, and the firm's analyst, Andrew Miller, to provide insight into minerals that they say need to shed their labels as traditional commodities and embrace their future as niche, raw-material solutions for a growing list of technology manufacturers. As Benchmark prepares to embark on its World Tour, Moores and Miller discuss supply chain visibility and the impact of disruptive technologies on these markets, as well as companies seeking to leverage lithium, cobalt and graphite into investable business models that will lure investors with a long-term outlook.
Tuesday, August 11, 2015
Agricultural Commodities Peak Food / Commodities / Food Crisis
By: Ned_W_Schmidt
Last we visited on Agri-Foods the concept of Peak Food was introduced. That shift in the fundamentals of global food production was identified as adding support to Agri-Commodity prices. For despite the negative sentiment on commodities and "China is collapsing" group think, Agri- Commodity prices continue to show strong resilience, as shown in the chart below right. As prices of Agri-Commodities do not move in unison, the Agri-Food Price Index has been essentially unchanged for about three years. For example, recently hog prices have been weak while U.S. cash corn hit a new 52-week high.
Tuesday, August 11, 2015
The War Between Physical Gold and Silver and Paper Hots Up / Commodities / Gold and Silver 2015
By: Alasdair_Macleod
Gold and silver traded in a tight range this week on low futures volumes. Last Friday the gold price rallied from $1,080 to $1,101, last night it closed at $1,089. Silver also traded in a narrow range though both are slightly firmer in early European trade this morning.
Tuesday, August 11, 2015
Ignore the Commodity Message at Your Own Peril / Commodities / CRB Index
By: Michael_Pento
The Thompson Reuters/Jefferies CRB Index (CRB) is back down to the panic lows of early 2009. For those who think the CRB Index says nothing about global growth...invest accordingly at your own peril.
If you believe this commodity crunch is all about some temporary oil supply glut, think again. There are 19 commodities that make up the CRB Index: Aluminum, Cocoa, Coffee, Copper, Corn, Cotton, Crude Oil, Gold, Heating Oil, Lean Hogs, Live Cattle, Natural Gas, Nickel, Orange Juice, Silver, Soybeans, Sugar, Unleaded Gas and Wheat. The value of the weighted average of these commodities is screaming one thing loudly: the rate of global growth is plummeting just as it was at the height of the Great Recession.
Tuesday, August 11, 2015
Gold and Silver Halfway Home? / Commodities / Gold and Silver 2015
By: Rambus_Chartology
First off I'm on a working one week family vacation down on the panhandle of Florida which is why I didn't get to post any late Friday Night Charts. It just so happened that this week was the best week to get the family together before school starts in a couple of weeks. I will still be watching the markets and posting each day but if nothing important is happening I may knock off a little early.
I also want to thank everyone who is posting at the forum. It really is a great place to share your idea's and ask question as we have some really talented folks there. As Sir Fullgoldcrown likes to say, "It's all for one and one for all." Whatever it takes to get an edge makes no difference to me as long as we get the edge.
Monday, August 10, 2015
Gold Technical Buy Signal / Commodities / Gold and Silver 2015
By: Gary_Savage
For those traders who need to wait until the 'technicals' signal a buy. The signal has been given.
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Sunday, August 09, 2015
Agricultural Commodities Prices Prepare To Launch Higher Again / Commodities / Agricultural Commodities
By: Austin_Galt
As outlined in previous analysis, the price of the agricultural commodities of corn, soybeans and wheat look to have already kicked off the bear rallies. From previous longer term analysis, we are expecting these bear rallies to be big ones.
Prices have come back down and now look ready to launch into the next stage of these rallies so let's revise the technicals of each commodity using the daily charts.
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Friday, August 07, 2015
Gold Price’s Artificial Lows / Commodities / Gold and Silver 2015
By: Zeal_LLC
With gold languishing near deep secular lows, its technicals look hopelessly broken. Sentiment is off-the-charts bearish, with traders universally convinced gold is doomed to spiral lower indefinitely. But gold’s weakness this year is very deceiving, as it wasn’t the product of global fundamental supply-and-demand forces. Extreme record shorting by American futures speculators spawned these artificial lows.
Gold’s price is its price, so how the metal got way down here may seem irrelevant. But nothing could be farther from the truth! Fundamentally-driven lows are righteous. If the world gold supply expands faster than demand, or demand contracts faster than supply, then the resulting lows are real. They will persist for as long as fundamentals remain unfavorable, as gold’s sellers have no obligations whatsoever to return.
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Friday, August 07, 2015
The Next Silver Bull Market May Have Already Started / Commodities / Gold and Silver 2015
By: Casey_Research
By Laurynas Vegys
Silver is down 7.1% this year. Will this weakness persist? To find out, let’s look at the key factors in the silver market this year.
- Like gold, silver fell as the US dollar rose on the back of expectations that the Fed will hike rates.
- World demand for physical silver fell 4% in 2014, largely due to a record 19.5% drop in investment demand.
- Silver exchange-traded funds (ETFs) did not see big liquidations in 2014. ETF holdings grew by 1.4 million ounces and recorded their highest year-end level at 636 million ounces.
Friday, August 07, 2015
History Repeats. Gold Protect From Devaluations and Risks / Commodities / Gold and Silver 2015
By: GoldCore
- Simplistic gold analysis speculates solely on price
- Forgets vital importance of diversification
- Lorcan Roche Kelly’s analysis lacks all context
- Ignores huge physical demand for gold coins and bars
- Today’s world is very different to the world of the 1980s and 1990s
- Alas, financial crisis has been postponed not averted
- Physical gold will have value when paper and digital wealth is devalued, confiscated or inaccessible …
Friday, August 07, 2015
Gold Price Rebound or Another Breakdown? / Commodities / Gold and Silver 2015
By: Jordan_Roy_Byrne
The precious metals complex has attempted to stabilize over the past few weeks. Some markets have had more success than others. Gold has been able to hold $1080/oz while GDXJ has also held its recent low. The large cap indices (GDX, XAU, HUI) have grinded lower to new bear market lows this week. This leads us to the near term predicament. Is the sector basing before a rebound or merely consolidating before another steep leg down?
Friday, August 07, 2015
The Myth of Gold Price Manipulation / Commodities / Gold and Silver 2015
By: Clif_Droke
How eager are gold bugs to believe their ill fortune over the last four years is the result of sinister forces rather than a lack of prudence on their own part? The answer is easily seen in the writings of gold commentators over the last few months. References to organized manipulation and an official conspiracy to suppress the gold price abound among many analysts and their followers.
The collective passion behind this belief has reached a fever pitch and has created something akin to mass hysteria within the gold investing community. To even question this ingrained belief is to elicit the scorn of the conspiracy crowd. So ingrained is their belief that gold’s losses in the last four years are the result of manipulation that they refuse to pay heed to the underlying fundamental and technical reasons for the metal’s 4-year bear market.
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Friday, August 07, 2015
Global Crude Oil Supply More Fragile Than You Think / Commodities / Crude Oil
By: OilPrice_Com
Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the rebound in April and May to $60 per barrel from the mid-$40s suggested that the severe drop was merely temporary.But the collapse of prices in July – owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China – have darkened the mood. Now a prevailing sense that oil prices may stay lower for longer has hit the markets.
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Friday, August 07, 2015
Is Gold Price Manipulated? / Commodities / Gold and Silver 2015
By: Mike_Shedlock
Reader Matt writes ...
Read full article... Read full article...Hello Mish,
I love your blog. I read it every day. You are my non-conspiratorial viewpoint on the economy. Your work keeping an eye on and analysis of Greece lately has been very helpful to me in understanding the way of the world.