Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, March 05, 2015
Gold Price Set To Plunge Below $600 / Commodities / Gold and Silver 2015
This analysis covers the long term charts of gold, gold mining shares represented by the HUI Gold Bugs Index and the world’s largest gold producer, Goldcorp.
Let’s commence with the gold price.
Wednesday, March 04, 2015
What Top Hedge Fund Managers Really Think About Gold / Commodities / Gold and Silver 2015
In BIG GOLD, I interviewed a plethora of experts on their views about gold for this year. The issue was so popular that we decided to republish a portion of the edition here.
Given their level of success, these fund managers are worth listening to: James Rickards, Chris Martenson, Steve Henningsen, Grant Williams, and Brent Johnson. Some questions are the same, while others were tailored to their particular expertise.
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Wednesday, March 04, 2015
The LBMA Gold Price will replace the Gold Fixing Price / Commodities / Gold and Silver 2015
While we are waiting for the details on the ECB's QE (will be published on Thursday) and the U.S. non-farm payroll report (will be revealed on Friday), it is worth analyzing a piece of news which passed almost unnoticed. The long established London Gold Fix is going to be replaced by the new electronic LBMA price-discovery process on March 20th this year. Why do we believe that all gold investors should be aware of that fact?
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Wednesday, March 04, 2015
How to Exploit Crude Oil's Current Low Price / Commodities / Crude Oil
Peter Krauth writes: If you've been eyeing a new gas-guzzling SUV as your next vehicle, you may want to reconsider that Prius once more. That's because today's low gas prices won't be around forever and oil prices aren't about to "tank" any time soon.
In fact, the oil price crash has created a state of "contango," a market anomaly that savvy investors can exploit. It's presenting a rare market opportunity to profit that only comes around once every few years.
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Wednesday, March 04, 2015
Here's What Will Send Crude Oil Prices Back Up Again / Commodities / Crude Oil
Oil's rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will.Read full article... Read full article...
Wednesday, March 04, 2015
Gold Price to be Driven by Non-Farm Payroll Data / Commodities / Gold and Silver 2015
Harley Salt writes: Friday will see the release of the much anticipated monthly US Non-Farm Payrolls figures. Even more so than in previous months this data will be influential in setting the direction of the gold market between its release on Friday and the next Federal Reserve policy meeting on set for 17th and 18th March. It is the only major market moving data due out before the Fed meets so it will be the focus of not just traders but also the Fed itself.
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Tuesday, March 03, 2015
Gold Price and Mining Stocks Decline Together / Commodities / Gold and Silver 2015
Briefly: In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective. We are keeping the stop-loss levels at their current levels, which means that we are effectively keeping some gains locked and at the same time we're allowing the profits to increase.
Gold stocks erased the gains of the previous days during yesterday's session alone and gold declined visibly as well. Is their and gold's rally over?
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Tuesday, March 03, 2015
How to Profit from the Coming Oil Price Crunch / Commodities / Oil Companies
Dr. Kent Moors writes: Even as oil prices inch upward over time, a dynamic of their current levels will boost them even higher.
That may take some time, but I can recommend some stocks that will generate returns in the meantime, until the oil price rise spurs some capital gains in the majors and E&P companies.
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Tuesday, March 03, 2015
Gold Conventional Wisdom vs Elliott Wave Pattern / Commodities / Gold and Silver 2015
Editor's note: This article is excerpted from "The State of the Global Markets 2015 Edition," a comprehensive report by Elliott Wave International, the world's largest independent market-forecasting firm (data through December 2014). You can download the full, 53-page report here -- 100% free.
Gold has rallied since the EWT/EWFF Interim Report of November 11 forecast a near-term bullish juncture. The report included an AP story that cited metals’ experts who trashed gold’s prospects. Since then, we’ve been bowled over by the number of similar stories, each one more pessimistic toward gold than the last.
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Tuesday, March 03, 2015
Livestock COW ETF Analysis / Commodities / Livestock
The past year month has been flowing into risk on assets like US equities. And when money is flowing into one investment class there is typically an outflow in others. Commodities in general have been beaten up bad but there is some money to be made here using the livestock COW ETF.
I is amazing how almost all us equity sectors have rallied as big as they have with many still making new sector highs. The only true weak areas in the market look to be commodities specifically precious metals, oil, natural gas, grains, sugar and livestock.
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Monday, March 02, 2015
Gold Demand in UK, Europe and U.S. – Reuters Interview GoldCore / Commodities / Gold and Silver 2015
Jan Harvey from Thomson Reuters interviews Mark O’Byrne, Director of GoldCore Research
Jan Harvey | thomsonreuters.com | We were hearing quite a bit about rising physical demand in Europe earlier this year, as a confluence of factors (euro zone QE, SNB scrapping franc peg to euro, Greek election outcome) came together to support buying. Here to discuss how that has developed in February is Mark O’Byrne, executive director of Goldcore. Welcome, Mark! |
Monday, March 02, 2015
Gold and Silver - What If the Precious Metal Stocks Bulls are Back / Commodities / Gold and Silver Stocks 2015
Every now and then I’ll do a post on "What If" something is changing or not following along with what the original Chartology was suggesting. I have to keep an unbiased opinion and follow what the charts are saying. Sometimes it’s easier said than done. I know many of you were surprise when I exited the Kamikaze Stock last Friday. Believe me it’s not what I wanted to do but the short term charts are suggesting there maybe be a little more upside price movement left in the PM stock indexes.
Lets start with the daily chart for GDX which I showed you last week that has the 5 point triangle reversal pattern. I pointed out the the GDX was bouncing between the double bottom hump at 20.20 and the bottom rail of the 5 point triangle. This went on for eight days or so with no conviction either way. I said this is where we’ll see how strong the bulls are. As long as the price action stayed below the bottom rail of the 5 point triangle the bears were in control. It doesn’t look like a big deal on this daily chart below but you can see the GDX closed above the bottom rail of the blue triangle telling me the bulls may have more strength than I gave them credit for.
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Monday, March 02, 2015
Gold Trading Week Ahead - 2 March 2015 / Commodities / Gold and Silver 2015
Harley Salt writes: Gold enters the new trading week and a new trading month with some positive momentum after putting together 3 days of consecutive gains. This week see a number of releases and announcements that will shape the markets expectations on when the Fed will kick-off increasing interest rates. One of the key drives of gold at the moment is the speculation as to when rates will be tightened, any signs of a delay is providing a boost to the price of gold.
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Sunday, March 01, 2015
Gold Price Glimmer of Hope / Commodities / Gold and Silver 2015
As most of you who’ve followed me over the years already know, I’m not really expecting a final three year cycle low in the CRB until later in the year. However… there are a few signs popping up that could be indicating that 3 year cycle low is going to come earlier than expected. And by earlier I mean it may have already occurred.
First I want to talk a little bit about oil. I think everyone knows by now that the fundamentals for oil are completely broken, there is simply too much supply, and price will never be able to rise by any significant amount anytime in the near future. I’m starting to see outrageous predictions of $20 oil. However, that is exactly the kind of sentiment I would expect to see at a three year cycle low.
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Sunday, March 01, 2015
Gold CoT Improving, But ... / Commodities / Gold and Silver 2015
Gold's CoT data predictably improved again this week, but here I think some discussion is needed just in case it starts to get hyped too much.
Below is the CoT on an improving trend of Commercial short covering and large Speculator long reduction. Okay, that's good. But here is the part where the hype needs to be tuned out. The CoT tends to degrade (i.e. trend in a bearish direction during gold rallies) and improve (i.e. trend in a positive direction during gold corrections). The charts of CoT and gold below are set over the same 1 year time frames...
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Saturday, February 28, 2015
Gold And Silver Insanity Prevails; Precious Metals Without Direction / Commodities / Gold and Silver 2015
Insanity: Doing the same thing over and over and expecting a different result. – Albert Einstein.
From a perspective of logic, the world makes less and less sense as the elites relentlessly, and successfully pursue their one world government. There has been an increased awareness of the Rothschilds, elites, bankers, those who control all money, all Western governments, and we are not so sure about the rest of the world. Unfortunately, the greater awareness has done nothing to alter the inevitable course of dominance of the masses by the few. The New World Order [NWO] remains on schedule, based on results.
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Saturday, February 28, 2015
Are Gold Miners Leading Gold Price? / Commodities / Gold and Silver 2015
The miners will typically lead Gold at major turning points. We say typically because the trend in the relationship is hardly exact or precise. There can be times when the miners are simply showing their beta (not leading) and there can be times when the miners are leading but their leadership suddenly halts or reverses. The miners peaked five months before Gold and are now one month from the 4-year anniversary of their market. The time seems ripe for the miners to lead Gold into the next bull market.
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Friday, February 27, 2015
GGD Going for Mexican Gold / Commodities / Gold and Silver Stocks 2015
Mexico’s massive precious-metals belts are some of the world’s finest. As global #1 in silver production they are obviously quite well known for the shiny-white metal. But these belts have also been flexing their gold muscles recently, placing Mexico among the world’s top-10 producers.
Mexico really has come a long way over the course of gold’s bull market. Back in 2003 there were actually 20 other countries producing more gold. But with prices trending higher after a long bear, this country’s favorable geology, generally-friendly geopolitics, and mild climate/physiography started attracting attention. And the exploration cycle that followed has yielded numerous discoveries.
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Friday, February 27, 2015
Gold and the Euro Tragedy, Iraq 3.0, Ukraine Conflict Three Ring Circus / Commodities / Gold and Silver 2015
A three ring circus is performing – to entertain and impoverish the western world.
Ring # 1: The Euro tragedy is “extending and pretending” into a Greek drama.
Ring # 2: Iraq 3.0 is in beta test mode based on weapons of mass propaganda.
Ring # 3: The conflict in Ukraine is performing flips followed by flops.
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Friday, February 27, 2015
Do You Have a Gold and Silver “Seatbelt”? / Commodities / Gold and Silver 2015
In just about every state, it’s the law that you must wear a seatbelt when driving down the road. Putting aside the question of whether the government should mandate this, most of us understand that the reasons for individually choosing to do so are valid.
It’s been a long time since I’ve been in an accident, but it’s a habit to buckle up every time I get into the car. I don’t look back at my most recent trip and think “Gee, so far nothing has happened. So why did I bother wearing my seatbelt for all those years?”
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