Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, July 14, 2015
Greeks Cannot Access Cash, Gold, Silver In Bank Safety Deposit Boxes / Commodities / Gold and Silver 2015
- Greek capital controls also prevent access to contents of safe deposit boxes
- Restrictions on safe deposit access doesn’t protect banking system unless contents confiscated
- Readers should heed warnings by Marc Faber and Ian Spreadbury of Fidelity
- Important to own assets outside banking system and not in bank safe deposit boxes
- Own physical bullion in private safety deposit boxes and the safest private vaults
Monday, July 13, 2015
Gold Price Seasonal Tendencies for July 2015 / Commodities / Gold and Silver 2015
“History doesn’t repeat itself but it rhymes” the saying goes. If this is in fact true, and what has happened before might imperfectly repeat itself in the future, this might be used in financial markets. But how to use it exactly? Is there a way to get clear indications as to what used to happen in the past to get a notion of what might come?
It is frequently difficult to quantify past events in a meaningful way to get an idea of the possible future tendencies. At Sunshine Profits, we have come up with a methodology to look at the past and recognize tendencies that might repeat themselves in the future – we have developed a tool called True Seasonals to analyze this sort of patterns.
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Monday, July 13, 2015
Silver Bullion Demand High – Price Falls and Premiums Surge / Commodities / Gold and Silver 2015
- Silver imports into U.S. surge 33%
- Silver Eagle demand very robust
- Silver Eagles and Maples see 25% surge in premiums and shortages
- Silver price falls over 3.8% on same day as U.S. Mint runs out of silver eagles
- Total ETF Silver holdings remain robust – over 500 million ounces
- Increase in demand seems to becoming from large entities buying bars
- Silver is great value sub $20 per ounce
Monday, July 13, 2015
Gold, Silver and the Two Horsemen of The Apocalypse / Commodities / Gold and Silver 2015
If we can reassign meanings given to the biblical Four Horsemen of the Apocalypse from the original, we can then say financial markets saw two of them this week. The first brought us the Greek Crisis which went from very bad to impossible to resolve, and the second was a collapsing stock market in China. Between them these two events triggered another flight into the US dollar, which would have been far worse without central bank intervention. With the dollar rising against the euro, commodity prices, particularly energy and oil, have fallen sharply, with US Crude down over 15% in the last month.
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Monday, July 13, 2015
Gold Price Peculiar 6 Month Cycles / Commodities / Gold and Silver 2015
In this report I'm going to show you some more of the same precious metals stocks we've been following as more are joining the impulse move to the downside adding confirmation. Unlike the US stocks markets that have been trading sideways since the December high of last year, the precious metals stocks are in a confirmed impulse move down and that's where the real money is made.
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Monday, July 13, 2015
Silver Price Remains in Long-term Downtrend / Commodities / Gold and Silver 2015
It's a strange situation - the long-term charts for silver continue to look awful, but there has been a quite dramatic improvement in its COTs, which now look positive, with readings that in the past have consistently lead to rallies. However, this doesn't mean that any rally that develops soon will succeed in breaking silver out of its long downtrend.
Silver's 8-year chart shows the as yet unrelenting downtrend from its 2011 highs involving a classic "staircase" decline. On this chart it looks set to drop again, but perhaps after another rally first towards the upper boundary of the downtrend channel.
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Monday, July 13, 2015
Gold Price Awaiting Outcome of Greece Crisis / Commodities / Gold and Silver 2015
The situation is paradoxical - the charts of just about everything are positioned for a plunge - or a turnaround and limited recovery, which reflects the fact that markets are waiting on some sort of resolution of the standoff with Greece, either Greece walking away, a Grexit, or a fudge solution where Greece accepts defeat and is denied debt relief or it is obfuscated sufficiently for the markets to buy it and this may involve another "can kicking" exercise. While the charts for many commodities look scary, including gold and silver, their COTs now look bullish, which suggests that the fudge solution will be the outcome.
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Sunday, July 12, 2015
Corn, Soybeans, Wheat Agricultural Commodities Price Forecasts / Commodities / Agricultural Commodities
The prices of agricultural commodities of corn, soybeans and wheat have all exploded higher recently. This has been expected and was laid out in analysis back in February 2015. Now that the rallies have kicked off let’s revise the technicals of all three soft commodities.
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Saturday, July 11, 2015
Gold and Silver Calm Before the Storm / Commodities / Gold and Silver 2015
Gold and silver were in the usual capping mode today, although silver managed to finish the week on a slight gain.
I am liking silver more and more here, and am not adverse to some small buys at regular intervals with a longer term time horizon. Nibbles, if you will.
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Saturday, July 11, 2015
Gold And Silver – Greece Needs Money? Money DOES NOT EXIST! / Commodities / Gold and Silver 2015
All the world is indeed a stage, and what is unfolding is a worsening tragicomedy, and it is under the direction of the elites through their debt enslavement [un]known by the world as fiat currency. The unelected “officials” in the EU are the equivalent of Keystone Kops. In fact, that is also true even of elected officials. They are all a bunch of clowns in charge of the circus called government.
There is a very high probability that what has been unfolding in Greece will eventually be in your own government, so pay close attention to the outcome of how the bankers are choking the economic life out of the Greek people, and as events have unfolded, it appears that Tsipras has caved into the moneychanger’s demands in exchange for a bailout. This is totally contrary to the outcome of the referendum wherein Greeks voted OXI for accepting the unacceptable financial impositions on Greek citizens.
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Saturday, July 11, 2015
The Shanghai Stock Market Crash and China Gold Demand / Commodities / Gold and Silver 2015
What it means for the future of the gold market
Read full article... Read full article..."At present, up to 12 trillion yuan stays in domestic residents' saving accounts. The launch of individual gold investment, therefore, will allow residents to change currency assets into gold assets. At the macro level, it will expand channels for changing savings into investment, thus adjusting the money supply; in the micro aspect, allowing citizens to trade and keep gold can improve social welfare, benefiting both the country and the population. Moreover, with the dual attributes of common commodity and currency commodity, gold is a desirable instrument for hedging. Therefore, developing gold trade for individuals is practical." – Zhou Xiaochuan, Governor, the People's Bank of China
Friday, July 10, 2015
Gold and Silver Stocks More Weakness Ahead / Commodities / Gold and Silver Stocks 2015
The precious metals sector is enduring losses for the third straight week. The gold miners and Silver have led the way down, though Silver has rallied over the past two sessions. Gold has also rallied yet remains dangerously close to making a new weekly low for the bear market. While the metals recovered some losses on Wednesday and Thursday, the gold miners failed to generate anything positive and closed near their lows for each session. The inability of the miners to recover to even a small degree augurs badly for the entire sector in the days ahead.
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Friday, July 10, 2015
Silver at the Mercy of China’s Stock Market / Commodities / Gold and Silver 2015
Silver's fate will be determined over the next few weeks by the events unfolding around China's stock market.
If their equity markets stabilize, and if it looks as if the worst is over, silver will stabilize as well. If not, then neither will silver.
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Friday, July 10, 2015
Now Is A Good Time To Pick Up Some Oil Stocks / Commodities / Oil Companies
Oil's oversized reaction to negative news from Greece and China on Monday should really have come as no surprise with the value of 20/20 hindsight. I have been writing for some time now that the commodity would break out of its narrowing range and that the more times it failed to break the resistance point at $62, the more likely it was that that break would be in a downward direction. It is logical that the longer that it took, the more violent that break would be.
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Thursday, July 09, 2015
Why Exxon Mobil Is The Strong Oil & Gas Stock On The Market Today / Commodities / Oil Companies
The oil and gas market is a bit shaken at the moment; and understandably so. After last year's dramatic decline in oil prices and the less than appealing prices we've seen this year, companies in the sector just aren't producing profits like they once did. However, there is one company in the sector that's well worth taking a second look at. That company is Exxon Mobil. In summary, here's why I believe the value of the stock will climb exponentially over the long run...
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Thursday, July 09, 2015
Gold and Silver Stocks Game Plan / Commodities / Gold and Silver Stocks 2015
Tonight I would like to update you on some precious metals charts we've been following very closely to shed some light on where we're at and where we maybe heading. When investing in the markets we need to have a game plan to follow so that we know when the game changes we have to change. As long as the game plan is working you stick with it until you've reached your price objectives or the trend changes.
Believe me it's not at all easy to follow a game plan. There are things that happen to a stock or market on a daily basis, that we have no control over, that can affect our thinking. Without a game plan to follow we are at the mercy of every little wiggle a stock makes. One has to have a certain amount of confidence in whatever trading system they use to be able to ride out the wiggles that can whipsaw you to death if you act on every move a stock makes.
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Wednesday, July 08, 2015
Gold's Unsafe Haven and Yen's Comeback / Commodities / Gold and Silver 2015
Gold's accelerating sell-off since June 18 highlights the metal's deteriorating role as a safe haven amid Greece uncertainty as other factors take priority. Oil's 19% decline from its May highs at a time when central banks have barely begun seeing some sort of positive trend in inflation resurrects fears of deflation or prolonged disinflation.
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Wednesday, July 08, 2015
Gold and Silver Spot Prices Increasingly Detached from Reality / Commodities / Gold and Silver 2015
Clint Siegner writes: An insolvent Greece has defaulted. On June 30th, officials missed repayment of billions in lMF loans and declared a banking holiday. Predictably, many Greek citizens responded to the crisis and bought gold coins. So did a lot of people here in the U.S. and around the world. You just wouldn’t know it by looking at spot prices.
The regular disconnect between the futures markets, where spot prices are set, and the physical markets reveals a growing problem. The link between the spot price and physical demand is thin at best. That is why the base price for gold coins in an Athens coin shop can get cheaper, but the all-in cost of buying the coins goes up as the line of buyers grows.
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Wednesday, July 08, 2015
Don't Panic, Nothing Has Really Changed In The Oil Markets / Commodities / Crude Oil
Monday's 8% WTI crude decline is setting up a big opportunity for buyers. And there could be more to come. But this is driven by momentum, not by the fundamental conditions in the physical market.Read full article... Read full article...
Wednesday, July 08, 2015
The Three Events That Just Sent Crude Oil Price Sinking… and Why There’s No Need to Panic / Commodities / Crude Oil
MoneyMorning.com Dr. Kent Moors writes: Yesterday, three geopolitical crises converged, sending the price of oil sinking.
West Texas Intermediate (WTI), the benchmark for crude set in New York, was down 8%. Dated Brent, the internationally used benchmark set in London, slipped 6%.
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