Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, January 28, 2015
There’s More to the Gold Price Rally Than European Market Fears / Commodities / Gold and Silver 2015
By: Frank_Holmes
Gold was down 1.72 percent at the end of 2014, but things are looking up for the yellow metal. Last week I returned from presenting at the Vancouver Resource Investment Conference, where sentiment for gold was through the roof. And with good reason. Even though gold was down last year, it still ranked as the second-best-performing currency following the U.S. dollar. The metal has risen about 10 percent year-to-date, and last Tuesday, for the first time since mid-August, it broke through the $1,300 mark.
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Tuesday, January 27, 2015
Gold's Time Has Come / Commodities / Gold and Silver 2015
By: DeviantInvestor
December 1987 to March 1993: Gold fell 36% in 5.3 years
February 1996 to July 1999: Gold fell 40% in 3.4 years
August 2011 to November 2014: Gold fell 40% in 3.3 years
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Tuesday, January 27, 2015
Gold and Silver Stocks Investing Basics / Commodities / Gold and Silver Stocks 2015
By: The_Gold_Report
Investing in mining equities can get rather complicated but Heiko Ihle, managing director at H.C. Wainwright & Co., says precious metals equity investors need to focus on just three criteria: jurisdiction, management and asset viability. In this interview with The Gold Report, he explains his rationale and discusses several of his preferred gold and silver names.
The Gold Report: Do you have a price forecast for gold and silver for 2015?
Heiko Ihle: Our long-term prices for gold and silver are $1,200/oz and $17.50/oz, respectively. We recently lowered those prices from $1,300/oz and $20/oz given current market prices.
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Monday, January 26, 2015
Is the Gold Price Rally Over? / Commodities / Gold and Silver 2015
By: P_Radomski_CFA
Briefly: In our opinion speculative short positions (half) are currently justified from the risk/reward perspective.
Gold’s rally took place along with the U.S. dollar’s rally and this was encouraging for gold bulls, but gold’s reaction after the 1,140 billion euro QE program was announced was very disappointing. Is the rally over and will the gold market plunge once again?
In short, it’s possible, but not imminent. Let’s move right to the charts (charts courtesy of http://stockcharts.com).
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Monday, January 26, 2015
Risk of New Debt Crisis After Syriza Victory In Greece / Commodities / Gold and Silver 2015
By: GoldCore
The crushing victory of the Greek opposition party Syriza in yesterday’s Greek elections has added to jitters in already jittery financial and foreign exchange markets.
The euro tumbled and gold in euros surged to its highest level since April 2013, at €1,167.94/oz as markets opened in Asia. The euro has since stablised but remains near a 11 year low against the dollar and is now down 16.7 per cent against gold in January alone.
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Monday, January 26, 2015
Comprehensive Silver Price Chart Analysis / Commodities / Gold and Silver 2015
By: Rambus_Chartology
Five days ago silver broke out of an inverse H&S bottom that has temporarily reversed the downtrend. I measured the more conservative price objective using the higher low instead of the Swiss spike low which comes in around the 19.80 area on the log chart. It will be interesting to see if the Swiss spike low will be the ultimate low for the bear market or just a short to intermediate low. Sometimes big trends can end with one last shake out of the weak hands similar to the Swiss spike low.
Monday, January 26, 2015
Decoding the Gold COTs: Myth vs Reality / Commodities / Gold and Silver 2015
By: Dan_Norcini
Over the many years that I have been writing about the commodity futures markets, I have tried to make a point of homing in on the fact that it is the presence of high-powered speculative money flows that drive market action.
Whenever commentators speak of fundamental factors that should go into determining the price of any commodity, they tend to generally speak in terms of demand for the physical product versus the amount of supply for that same product. More often than not, omitted from the discussion is the role that speculators play.
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Sunday, January 25, 2015
Gold And Silver Timing Is Most Important Element / Commodities / Gold and Silver 2015
By: Michael_Noonan
"Excuse me, sir, do you have the time?"
In a Clinton-esque response: "It depends on what the definition of "time" is."
Throughout much of 2013 and all of 2014, there were numerous stories/reports out on what would have to be considered as very bullish prospects for the prices of gold and silver. There were calls for gold to rally anywhere from $3,000 to over $25,000 the ounce, $100 to over $500 the ounce for silver. Almost no one called for both metals to make new recent lows by the end of 2014, where gold was $1,180 and silver $15,50. This was a far cry from even the most conservative bullish calls for much higher prices by the end of 2014.
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Sunday, January 25, 2015
Gold Price Maintains Strength while Large Miners Reach Resistance / Commodities / Gold and Silver Stocks 2015
By: Jordan_Roy_Byrne
In recent days and weeks we noted key levels for Gold at $1250 as well as $1270-$1280. Over the past two weeks Gold easily cleared $1250 and continued to $1300. Today it is trading around $1290 and will close above its 80-week moving average for the second consecutive week. That last happened in late 2012. Gold continues to show strength and far more bullish than bearish signs.
Saturday, January 24, 2015
Bitcoin Price Rebound Might Be Coming to an End / Commodities / Bitcoin
By: Mike_McAra
Briefly: no speculative positions.
News broke that the Winklevoss brothers, twins who battled Facebook founder Mark Zuckerberg in court, are out there to create a fully-regulated Bitcoin exchange. As a matter of fact, they're already working on it and their team seems to have made some progress, we read in a DealBook article:
Read full article... Read full article...Now two of the biggest boosters of the virtual currency, Cameron and Tyler Winklevoss, are trying to firm up support by creating the first regulated Bitcoin exchange for American customers -- what they are calling the Nasdaq of Bitcoin.
Saturday, January 24, 2015
Stock Traders Flock to Gold GLD ETF / Commodities / Gold and Silver 2015
By: Zeal_LLC
Gold surged this week on massive buying from stock investors and speculators. This critical group of traders and their vast pools of capital utterly abandoned gold in the past couple years. So to see them start to flock back is a watershed event, heralding a major reversal in gold’s fortunes. And with their gold exposure remaining near extreme lows, they have vast buying left to do to restore prudent portfolio diversification.
Successful investors have always practiced this essential concept of not putting all their eggs in one basket. This great wisdom is ancient, stretching back at least three millennia to King Solomon’s reign in ancient Israel. In the Biblical book of Ecclesiastes he advised, “Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” Portfolio diversification is absolutely critical.
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Saturday, January 24, 2015
Gold in Euros Surges As ECB To Print Trillion Euros and Greek Election This Sunday / Commodities / Gold and Silver 2015
By: GoldCore
Stocks, bonds and precious metals surged yesterday as markets cheered the latest wave of money printing on a grand scale.
Gold surged 3 per cent in euro terms (see chart below) after Mario Draghi in the ECB announced a massive quantitative easing or QE programme of over EUR 1 trillion from March 2015 to September 2016.
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Saturday, January 24, 2015
Gold Bear Market Rally or New Bull ? / Commodities / Gold and Silver 2015
By: Submissions
Plunger writes: Let’s step back and take a look at where we are and eyeball a few charts. I think one needs to resolve the key question with oneself. Are we in a new bull market or has this been yet another BMR within a big bad bear market that has not yet hit bottom? Rambus’ long term charts argue that the bear is not yet over. My studies with the psychology of bear markets and the categorizing of phases also argue the bear is not over. So if one was to also conclude the bottom is not yet in, then by definition this current 12 week rally is a BMR.
Friday, January 23, 2015
Global QE and the Gold Price / Commodities / Gold and Silver 2015
By: Clif_Droke
After months of waiting, the European Central Bank (ECB) finally carried through with its stated promise of unlimited monetary support to its ailing economy. The ECB announced its own version of quantitative easing (QE) on Thursday, a move which lifted the dark clouds that have recently hung over financial markets.
In March the ECB will begin purchasing 60 billion euros' worth of government and corporate bonds through September 2016. In response to the announcement the equity markets of several major countries rallied while the price of gold and silver also rose.
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Friday, January 23, 2015
Gold Price Due for a Setback? / Commodities / Gold and Silver 2015
By: Dan_Norcini
Now that we have had a chance to see how the dust settled after this historic day in the markets, there are some observations I would like to make.
I want to start out first with the junior mining shares, as evidenced by the GDXJ. The readers know that I have expressed concern over the fact that this group has been lagging the performance of the actual metal. Typically, in a strong upside run in gold, that is not the case as this index tends to outperform the metal itself.
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Friday, January 23, 2015
This Is What Gold Does In A Currency Crisis, Euro Edition / Commodities / Gold and Silver 2015
By: John_Rubino
Today the European Central Bank acknowledged that the currency it manages is being sucked into a deflationary vortex. It responded in the usual way with, in effect, a massive devaluation. Eurozone citizens have also responded predictably, by converting their unbacked, make-believe, soon-to-be-worth-a-lot-less paper money into something tangible. They’re bidding gold up dramatically.
Friday, January 23, 2015
Gold New Bull Beginning? / Commodities / Gold and Silver 2015
By: Aden_Forecast
Gold ended 2014 essentially breakeven, being slightly down (1½%). It was a choppy year for gold and a bad year for gold shares.
But it looks like the bear market may now be coming to an end. In fact, it could happen at any time.
The seemingly never ending fall in the oil price, the plunging euro and petro currencies, and weaker stocks all pushed safe haven buying to bonds and gold as the new year got started.
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Thursday, January 22, 2015
Crushing The U.S. Oil and Gas Energy Export Dream / Commodities / Crude Oil
By: OilPrice_Com
Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting gas is dumb.
Exporting oil is dumber.
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Thursday, January 22, 2015
Will Gold Price Break Out Once Again? / Commodities / Gold and Silver Stocks 2015
By: P_Radomski_CFA
Briefly: In our opinion no speculative positions are currently justified from the risk/reward perspective. Being on the long side of the precious metals market with half of the long-term investment capital seems justified from the risk/reward perspective.
Gold rallied once again yesterday and so did silver and mining stocks. The question is if the rally is about to pause or end, since mining stocks are not really outperforming gold and the USD Index has just confirmed the breakout above the 2005 high.
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Wednesday, January 21, 2015
Gold and Silver Early Days / Commodities / Gold and Silver 2015
By: Jesse
After a morning smackdown gold was able to hold its level just below 1300, with silver showing a little more resilience.
Tomorrow we should hear the official word from the ECB, after the 'leak' today of over a trillion in QE per year.
The central banks of the West are 'plowing the oceans.'
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