Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Saturday, April 18, 2015
I’m Counting on Chaos in the Energy Sector and You Should, Too / Commodities / Energy Resources
By: Money_Morning
Keith Fitz-Gerald writes: CNBC’s Kate Kelly asked me last January if I was worried about smaller players in the energy sector “just plain going out of business.”
I replied that not only was I not afraid of the weaker players being swept away, I was counting on it.
As you might imagine, that raised more than a few eyebrows, considering oil had fallen by 51% from last summer’s highs to only $52/barrel at the time, and investors couldn’t hit the sell button fast enough.
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Saturday, April 18, 2015
Which Way Will Gold and Silver Break? / Commodities / Gold and Silver 2015
By: Jordan_Roy_Byrne
Precious Metals continue to be a conundrum. While Gold has trended lower it has failed to break below $1100 as so many expect. It is very strong against foreign currencies and did not break to a new low even as the US$ index rallied from 87 to 100. On the other hand, Gold has failed to sustain any bullish momentum. The gold stocks are even more oversold and have formed some higher lows since last November. Yet, they have failed to sustain any bullish developments and are far from reaching a higher high. Only time will tell which way the sector will break and how its bear market will conclude.
Saturday, April 18, 2015
Gold Price Next Move / Commodities / Gold and Silver 2015
By: Submissions
Peter Vogel writes: When determining if a bull move in gold is a probability, a good indicator can be found in the relationship between the junior and senior gold miners etf's. If a bull move is occurring, the junior gold miners etf (GDXJ) should show indications that it will outperform the senior gold miners etf (GDX). This implies investors are willing to take on more risk in anticipation of greater gains by taking positions in the GDXJ verses the GDX.
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Saturday, April 18, 2015
Gold - You Have No Right to Be Scared / Commodities / Gold and Silver 2015
By: MoneyMetals
Guy Christopher writes: So, you're thinking about buying some gold or silver, but you're still hesitant.You've paid attention and done your homework. You understand your nation's financial health is nowhere near what your government, Wall Street, and mainstream news are saying.
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Friday, April 17, 2015
Gold Price Has “Hallmarks Of Market That Is Bottoming” / Commodities / Gold and Silver 2015
By: GoldCore
Today’s AM LBMA Gold Price was USD 1,204.55, EUR 1,113.83 and GBP 801.86 per ounce.
Yesterday’s AM LBMA Gold Price was USD 1,204.60, EUR 1,131.19 and GBP 811.40 per ounce.
Gold fell 0.29 percent or $3.50 and closed at $1,199.00 an ounce on yesterday, while silver rose 0.18 percent or $0.03 closing at $16.29 an ounce.
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Friday, April 17, 2015
Gold and Silver Price Confined to Tight Trading Range / Commodities / Gold and Silver 2015
By: GoldMoney
Precious metal prices were broadly unchanged this week, confined to a tight trading range of $1210 to $1185 for gold and $16.60 to $16.00 for silver. There were several attempts by sellers to force prices to break down, but from the price action there appeared to be buyers waiting for the opportunity. The result was that yesterday gold rallied to as high as $1209 and silver to $16.50, though they closed well under these best levels when a senior Federal Open Market Committee member warned that interest rates would not remain at zero for ever. Comex volumes in gold were light though they were better in silver.
Friday, April 17, 2015
Production Declines Hide Bigger Crude Oil Storage Issues / Commodities / Crude Oil
By: EconMatters
Storage BuildsCushing added another 1.3 million barrels to weekly storage and stands at 61.5 million barrels. The Gulf Coast added another 600 thousand barrels to storage and stands at 237 million barrels. By comparison Cushing had 26.8 million barrels in storage this time last year, and the Gulf Coast had 207.2 million barrels in storage a year ago.
Friday, April 17, 2015
Top Three Takeaways From Today’s OPEC Crude Oil Report… and How You Can Profit / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: Today I’ve got a “below the surface” read on what is really happening inside OPEC.
Frankly, I had not planned to devote so many essays to the cartel and its policies. After all, the organization is no longer the center of the energy universe.
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Friday, April 17, 2015
What Is Really Driving Gold Price? / Commodities / Gold and Silver 2015
By: SecularInvestor
If anything, gold bulls are continuously looking to confirm their bullish outlook. Most precious metals websites are filled with stories, news and developments from the gold market, accompanied by the implication that they will drive the gold price up. Examples of this include gold coin sales, Shanghai gold withdrawals, central bank buying volumes, evidence of market manipulation, money printing volumes, velocity of money, etc.
The ongoing narrative is that there is a positive correlation between monetary stimulus and the price of gold. However, as you probably know by now, precious metals collapsed during the Fed’s QE to infinity program. The long-term gold chart (first chart below) shows that gold stabilized when the Fed started tapering and around the end of QE, which is very counterintuitive to say the least. That is not to say there is no correlation, but there is definitely not a direct correlation.
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Thursday, April 16, 2015
Gold Price: Year 2000 All Over Again – How Will You Play It This Time? / Commodities / Gold and Silver 2015
By: Chris_Vermeulen
Recently business and financial guru Mark Cuban wrote an article about why this tech bubble is going to be worse than the tech bubble of 2000. This made me take another look at the long term charts again, but instead of looking up the NASDAQ or the tech sector I decided to check out gold mining stocks, gold price and the Dollar index.
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Thursday, April 16, 2015
More Thoughts on the Current Crude Oil Market / Commodities / Crude Oil
By: EconMatters
WTI surged to close at $56.01 a barrel on Wednesday, while Brent closed at $62.86 after the US crude oil inventories showed a 'less-than-expected increase'. The latest weekly inventory (week ending April 10) from EIA showed an increase of 1.3 million barrels, much less than the 10.9 million barrels of build from the previous week. The report also showed that total motor gasoline inventories decreased by 2.1 million barrels, while distillate stockpiles rose by 2.0 million barrels.
Wednesday, April 15, 2015
OPEC Going Broke, Dumping U.S. Dollars. Is That Good Or Bad? / Commodities / Crude Oil
By: John_Rubino
When oil prices fell out of bed last winter there was much hand-wringing over the fate of the former beneficiaries of high-priced crude. Trillions of dollars of junk bonds issued by frackers, for instance, might default, oil field services companies could fail, and layoffs in the oil patch might swamp the nascent employment recovery.
Some of this has happened, though not on the apocalyptic scale the worst-case scenarios suggested. More might be coming, but right now it’s not headline news in North America.
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Wednesday, April 15, 2015
OPEC Just Confirmed It’s Losing the Oil War / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: The solid façade of OPEC is crumbling.
The latest indication that all is not well within the ranks of the oil cartel came yesterday, when the organization released its monthly Bulletin.
Inside the magazine, the commentary slammed non-member nations for failing to follow the organization’s lead in “stabilizing” oil prices and having “go it alone” attitudes.
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Wednesday, April 15, 2015
Four Uranium Companies Poised to Profit from the Growth of Nuclear Power / Commodities / Uranium
By: Metals_Report
Nuclear power is enjoying a renaissance, and the world will soon need more uranium. Up to 50% more within a decade, says Joe Reagor of ROTH Capital. In this interview with The Mining Report, he explains that the share prices of uranium juniors remain low because the uranium spot price has not yet risen to reflect the increased demand just around the corner. This provides a great opportunity for canny, long-term investors, and Reagor identifies four companies that have the means to profit from the inevitable need for their product.
Wednesday, April 15, 2015
Crude Oil Price Technical Outlook / Commodities / Crude Oil
By: Donald_W_Dony
Following part 1 of the Technical outlook for oil on April 7, this report examines the effect of the secular Commodity cycle on stocks (S&P 500), the U.S dollar on the CRB and WTIC's price since 1980.
Chart 1 is the S&P 500 since 1960. It traces the different trading patterns of the U.S. index during a secular Commodity cycle (1965-1980), a Stock cycle (1980-2000) and through another Commodity cycle (2000-2013) and the beginning of a new Stock cycle (2013 to present).
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Wednesday, April 15, 2015
Important Bitcoin Price Action / Commodities / Bitcoin
By: Mike_McAra
In short: speculative short positions, stop-loss at $239, take-profit at $153.
Infosys, an Indian IT services and IT consulting company, is now looking into blockchain as a possible addition to the company products and services, we read on the Business Standard website:
Read full article... Read full article...According to a report in HT Mint, the Bengaluru-headquartered information technology services provider is assessing the merits of Blockchain, an open-source financial database that records all transactions of virtual currency Bitcoin, to see if the technology could be integrated into Finacle.
Tuesday, April 14, 2015
Separating Gold and Silver Stocks Saints from the Sinners / Commodities / Gold and Silver Stocks 2015
By: The_Gold_Report
Christos Doulis, mining analyst with PI Financial, hopes for the best but plans for reality. The bear market in precious metals is well into its fourth year and could persist into 2016. In this interview with The Gold Report, Doulis says he remains hopeful that this is the year things take a positive turn, but in case we see more of the same, he recommends a few low-cost producers with saintly management teams that keep delivering on promises.
The Gold Report: In September 2014, you told us that investors needed to own bulletproof, low-cost producers that can survive lower gold prices. What is your investment thesis for this point in the bear market?
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Monday, April 13, 2015
Stacking Silver = Simple Solution / Commodities / Gold and Silver 2015
By: DeviantInvestor
Look at our financial world over 30 years from 30 miles high – the BIG PERSPECTIVE.
- Global debt exceeds $200 Trillion and is increasing rapidly. It will not be repaid at current value, and in the unlikely chance it is repaid, those future dollars, euros, yen, whatever will have been deeply devalued. Debt created to fund current consumption, instead of productive investment, is dangerous. Excessive debt is deadly.
Monday, April 13, 2015
Gold Trading Week Ahead - 13 April 2015 / Commodities / Gold and Silver 2015
By: Harley_Salt
Gold had a roller coaster week last week however it managed to finish the week above the key US$1,200 level.After a slow week on the data front last week, this week is full economic reports that will drive the price of gold.
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Monday, April 13, 2015
Western Interest in Gold Continues to Decline / Commodities / Gold and Silver 2015
By: Dan_Norcini
Gold has managed to avoid a complete chart breakdown thus far but that is due more to buying in the physical market out of the far East rather than any wholesale interest among the high-powered, deep-pocketed, Western-investment crowd. As noted many times here at this site, it is my firm opinion that while buying out of China and India can hold the price and form a floor in the gold market, it CANNOT drive the price sharply higher as so many rabid gold bugs have their hearts set on happening. That requires the momentum-based crowd which chases prices higher due to chart signals and could care less about what any perceived "value" area might be for gold, or for that matter, any other market that they ply their computers in.