Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, March 31, 2015
Secret to Finding the Next Goldcorp Gold Stock / Commodities / Gold and Silver Stocks 2015
Chen Lin, author of the popular stock newsletter What Is Chen Buying? What Is Chen Selling?, knows the smart time to look for the next big gold company is when everyone else has left the sector. With China making moves to invest trillions in commodity-hungry infrastructure, Lin is traveling the world looking for the companies with the right projects in the right place making all the right moves. In this interview with The Gold Report, he shares some of the insights from his recent travels and discusses three companies with potential to be the next Goldcorp.
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Monday, March 30, 2015
Absolutely DO NOT buy Gold or Silver - Crazy is My Middle Name / Commodities / Gold and Silver 2015
Two imaginary friends sent this defense of central banking and I pass it on for informational purposes…
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Monday, March 30, 2015
Peak Gold? – Goldman Sachs Research Warns of Peak Gold Production / Commodities / Gold and Silver 2015
- Goldman warns that peak gold may happen in 2015
- New report says there are only “20 years of known mineable reserves of gold”
- Discoveries of new sources of gold production peaked in 1995 despite major bull market
- Production lags new finds in 20 year cycle – Indicates 2015 may be year of peak gold production
- Production in major gold mining countries has dropped in recent years
- This will provide support and should lead to higher prices in long term
Monday, March 30, 2015
Gold Trading Week Ahead - 30 March 2015 / Commodities / Gold and Silver 2015
Gold ended Friday on a weaker note following a speech by Fed Chair Janet Yellen in which she noted that the Fed should not wait until the 2% inflation target is met, hinting that US interest rates might rise sooner than many expect. This saw the dollar strengthen and precious metal prices fall. Gold however still managed to put together another week of gains, it has gained positive momentum since the FOMC meeting two weeks ago.Read full article... Read full article...
Monday, March 30, 2015
U.S. Dollar, Commodities and the Gold Miners GDXJ ETF Analysis / Commodities / Gold and Silver Stocks 2015
In this Weekend Report I would like to show you some charts for Natural gas, oil and the GDXJ. First though lets take a quick look at the US dollar and the Euro which have started to consolidate their most recent near straight line moves. The monthly chart for the US dollar shows the impulse move out of the big base with a string of nine white candles all in a row. That's pretty impressive. When looking at the last white candle you can see a possible long wick forming which could be bearish. There are still two more trading days left for this month so things can change but it sure looks like the US dollar is looking for a place to rest for awhile.
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Saturday, March 28, 2015
Reflections in a Golden Eye - Gold Market Rejection, Repatriation and Redemption / Commodities / Gold and Silver 2015
Gillian Tett (Financial Times): "Do you think that gold is currently a good investment?"
Alan Greenspan (private citizen): "Yes. Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it."
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Saturday, March 28, 2015
Gold And Silver - What Moved Price? Bab el-Mandeb And Uranus Square Pluto. What?! / Commodities / Gold and Silver 2015
So many "experts" have so much to say in correlating the current prices for gold and silver with factors like how much gold China and Russia have been accumulating, the shortages of and demand for physical PMs, hypothecating, rehypothocating [aka stealing] of gold by Western Central Banks, the record sales for gold and silver coins, world-wide, etc, etc, etc.
Yet, with all of the pinpoint accuracy in reporting, backed by statistics, graphs, charts with arrows drawn in to show the next direction [always wrong] for PMs, there has been little demonstrable cause and effect relations between events and prices. We have two.
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Saturday, March 28, 2015
Support and Resistance Levels for Gold, Silver and Miners / Commodities / Gold and Silver Stocks 2015
The precious metals complex has established a floor of support over the past five months. For Gold it is around $1150/oz and for Silver it is around $15.50/oz. Pick any miner index and you'll see the support at the November and December lows. These lows could mark a base of support from which a new bull market takes hold. On the other hand, they could also mark support that if broken could lead to a final but nasty capitulation.
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Saturday, March 28, 2015
Peak Gold Misunderstanding, is Gold About to Run Out? / Commodities / Gold and Silver 2015
Is gold about to "run out"? The correct answer to that question is the likelihood of that happening is precisely 0%.
However, that is not the conclusion one would come to from the Zerohedge headline Peak Gold? Goldman Calculates There Is Only 20 Years Of Gold Supply Left.
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Friday, March 27, 2015
Gold to Fuel Silver Price Upleg / Commodities / Gold and Silver 2015
Silver reversed sharply higher over the past week or so, surging dramatically. This was just after it had successfully retested major secular lows, ramping the odds this strong buying is the vanguard of a long-overdue major new upleg. As usual, silver’s coming gains will be fueled by gold’s own advance. As the yellow metal mean reverts higher initially on heavy futures short covering, capital will flock back to silver.
Silver is a fascinating market. It’s undeniably primarily an industrial metal, as the latest annual data from the world’s leading authority on silver supply and demand shows. The venerable Silver Institute reports that fully 54% of global silver demand in 2013, and 62% in 2012, was for industrial fabrication. In those same years, worldwide investment demand (coins, bars, ETFs) accounted for just 23% and 20% respectively.
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Friday, March 27, 2015
Gold and Silver Stocks Will Rise Again! / Commodities / Gold and Silver 2015
The XAU is an index of gold and silver stocks. It has been hammered hard since the gold and silver peaks in 2011.
The XAU bottomed in November 2014 below 62 at a 14 year low, down approximately 73% from its 2011 high at approximately 230. As of Friday March 20 it closed at 69.27.
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Friday, March 27, 2015
Risk of ‘World War’ between NATO and Russia on Ukraine as Yemen Bombed / Commodities / Gold and Silver 2015
- World sleep walking from ‘Cold War’ to ‘Hot War’ and new World War
- U.S. resolution to supply Ukraine with lethal weaponry passed
- Russia warns such moves would “explode the whole situation”
- Minsk agreement remains intact – little justification for escalation and ignoring EU allies
- US continues to act as only global superpower despite powerful Russia and China and new multi-polar world
- Hubris could lead to a new World War
Friday, March 27, 2015
FOMC Minutes Turned The Gold Tide / Commodities / Gold and Silver 2015
Following the release of the Federal Open Market Committee (FOMC) minutes last week, gold and silver have come alive, the gold price rising from a low of $1147 on 18th March to $1200 this morning and silver from $15.46 to $17.00, 4% and 10% increases respectively.
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Friday, March 27, 2015
Gold Effect On Mining & Shale Wasteland / Commodities / Gold and Silver 2015
KING DOLLAR DEATH WATCH
Before diving into the featured topic, let it be known that the USD-based platforms and USGovt-sponsored continental trade unions are a dismal failure, poorly crafted, poorly sold. The effect will be to accelerate the gradually accelerating USDollar rejection on a global scale. The war and sanctions angle continue to support and defend the USD, but it is unsupportable (due to crippling debt) and indefensible (due to QE hyper inflation). The previous week was the most damaging in many years from a psychological standpoint. The Chinese-led Asian Infrastructure Investment Bank (AAIB) won converts recently from Australia and Britain, but last week from Italy, France, Germany, Switzerland, Luxembourg, and seemingly Japan. A noticeable impact was observed on the Kenyan impostor squatter, who works to contain the damage.
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Thursday, March 26, 2015
MidEast Energy Alert: Why the Crisis in Yemen Could Get Ugly Very Fast / Commodities / Energy Resources
Dr. Kent Moors writes: The last 24 hours have provided a stark reminder of the immediate impact geopolitical events can have on oil prices.
This time there’s a crisis in Yemen, and it’s about to take a turn for the worse.
As a result, I’ve been asked to provide my analysis on CNBC’s Closing Bell at 4:10 p.m. today to discuss the impact the crisis will have on oil prices.
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Thursday, March 26, 2015
Crude Oil Surges, Gold price Spikes as Middle East Tensions Escalate / Commodities / Gold and Silver 2015
- Geopolitical tensions in Middle East escalate dramatically as Saudi Arabia bombs Yemen
- Yemen’s government seized power in coup – Regarded as hostile to Saudi and ally of Iran
- Saudi attack is an escalation of Middle Eastern proxy war between Gulf States and Iran
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Thursday, March 26, 2015
Gold Bulls are Thanking the Fed / Commodities / Gold and Silver 2015
Leading into the Federal Reserve March monetary policy meeting last week investors dumped gold sending it to a 4 month low, while at the same time trades went long dollars on expectation the Fed would suggest it will move as early as June on raising interest rates. While the Fed dropped the highly anticipated word ‘patient’ from their statement following the meeting, the statement however contained a number of surprises which have sent gold higher and the US dollar lower since its release.
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Wednesday, March 25, 2015
Gold Price Technical Chart Turns Bullish / Commodities / Gold and Silver 2015
Precious metals have rebounded strongly over the past week, following comments from the Federal Reserve. While the FED dropped the word “patient” from their statement last week in relation to raising interest rates, Yellen clarified that removing the term patient does not mean the Fed is impatient. To the contrary, the FED plans to remain “highly accommodative” even after the first rate hike occurs.
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Wednesday, March 25, 2015
California’s Epic Drought: Only One Year of Water Left! / Commodities / Water Sector
Wars over California’s limited water supply have been going on for at least a century. Water wars have been the subject of some vintage movies, including the 1958 hit The Big Country starring Gregory Peck, Clint Eastwood’s 1985 Pale Rider, 1995’s Waterworld with Kevin Costner, and the 2005 film Batman Begins. Most acclaimed was the 1975 Academy Award winner Chinatown with Jack Nicholson and Faye Dunaway, involving a plot between a corrupt Los Angeles politician and land speculators to fabricate the 1937 drought in order to force farmers to sell their land at low prices. The plot was rooted in historical fact, reflecting battles between Owens Valley farmers and Los Angeles urbanites over water rights.
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Wednesday, March 25, 2015
What’s Wrong With Silver? / Commodities / Gold and Silver 2015
Which silver? Paper silver or real silver?
Silver prices are largely set on the COMEX futures – paper silver. A company can post the margin and sell short thousands of contracts with no actual metal available thereby creating artificial supply. The reverse occurs when some company buys thousands of contracts. It is a paper game, but unfortunately it has tremendous influence on the price of real silver.
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