Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Sunday, August 24, 2014
LNG Catalysts About to Hand You the investment Opportunity of the Decade / Commodities / Natural Gas
A century ago, the opening of the Panama Canal changed the face of global trade.
By joining the Atlantic and Pacific oceans, ships from the East Coast no longer had to make the treacherous 8,000-mile trip around Cape Horn to reach the markets in Asia or on the West Coast.
Now, 100 years later, the 50-mile long canal is about to do it all over again.
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Sunday, August 24, 2014
Gold And Silver Low Prices Are NOT The Reason To Own Precious Metals / Commodities / Gold and Silver 2014
"ISIS poses a greater threat than 9/11. This is way beyond anything we have ever seen. We must prepare for everything. Get ready!" US Secretary of Defense, Chuck Hagel.
Whoa, Chuckie...back off a bit, here. Just who do you think it was that helped create the Islamic State of Iraq and the Levant, aka ISIS, fund them, train them, and provide the best weapons for them? Can you spell U S, as in a part of your title description as Secretary of Defense? Are you really telling America, and the world, that you are actually that clueless?
Saturday, August 23, 2014
Gold and Crude Oil Price on the Verge of Something Big - Hero's Rarely Win / Commodities / Commodities Trading
Everyone has been calling for a bottoming Gold the last year. But the fact is that gold and gold stocks are still clearly in a bear market. Just look at the 200 day moving averages. The previous trends were down and prices have been moving sideways for the past year.
A lot of newsletter and analysts are calling a bottom. Technically it's just a consolidation pattern. Consolidation patterns are a continuation pattern, meaning if the previous trend was down, which it was from 2011 till now, the odds favor price will continue lower after this consolidation.
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Friday, August 22, 2014
Gold Rising Interest Rate Fallacy / Commodities / Gold and Silver 2014
Gold has slid during this past week on mounting fears of interest-rate hikes. Between the latest FOMC meeting’s minutes and the Fed’s annual Jackson Hole Economic Policy Symposium, American futures speculators’ rising-rate phobias have been whipped into a fever pitch. They worry gold will be crushed when the Fed eventually starts normalizing rates. But history shatters this fallacy that rising rates are gold’s nemesis.
Today there is a near-universal belief among futures traders that rising interest rates are very bearish for gold. The underlying logic is simple. When interest rates rise, so do yields on bonds and cash in the form of money-market funds. This makes bonds and cash relatively more attractive to investors than gold, which yields nothing. Therefore they jettison their gold holdings to migrate capital back into bonds and cash.
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Friday, August 22, 2014
Jackson Hole: Myth of the All Powerful Central Banker Continues / Commodities / Gold and Silver 2014
Today’s AM fix was USD 1,281.00, EUR 965.12 and GBP 772.29 ounce. Yesterday’s AM fix was USD 1,280.50, EUR 965.03 and GBP 772.32 per ounce.
Gold fell $13.80 or 1.07% to $1,277.30 and silver slipped $0.03 or 0.15% to $19.47 per ounce.
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Friday, August 22, 2014
Silver Price Fix - Out With the Old - In With the Same / Commodities / Gold and Silver 2014
The further markets become detached from reality, the greater the need for distraction. Justice is displaced by a rash of propaganda. The methods may be absurd, but they are effective.Over the summer, the big news in the world of silver has been the official end to the old (London fix) and the beginning of the new (electronic) fixing.
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Friday, August 22, 2014
Gold and Crude Oil Elliott Wave Outloook / Commodities / Commodities Trading
GOLD is falling, now beneath 1279 July low so looks like market is making a new impulse down from around 1322 that can either be wave c) or wave iii) in both cases we see room for a decline to 1255/1260 in the near future. From a bigger point of view we still see chances for a corrective decline from 1345 bullish price action may follow by the end of August, but we need a recovery back above 1302 if not 1319 to confirm a return back to July high.
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Friday, August 22, 2014
Gold and Silver Price Getting Set To Explode Higher / Commodities / Gold and Silver 2014
Can you feel it? That air of desperation creeping into the mindset of the gold and silver bulls. It seems like only yesterday that the bulls were hooting and hollering and calling the next great bull market underway. Calls of "$2000 gold here we come", "$100 silver here we come". Yeehaaaa!!!
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Friday, August 22, 2014
Gold Big Picture: Most Important / Commodities / Gold and Silver 2014
With gold again on the decline, it's time to take a look and focus on gold's big picture.
This eases a lot of doubt, especially when companies like Goldman Sachs are bearish on commodities. We'll focus on silver and palladium too.
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Friday, August 22, 2014
How the “Uncertainty Factor” Drives Crude Oil Prices / Commodities / Crude Oil
Dr. Kent Moors writes: Despite a world of geopolitical tension, oil prices have remained steady.
West Texas Intermediate (WTI) has been holding in the mid $90′s, while Brent continues to trade in the low $100 range.
This trading dynamic tells us two things…
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Friday, August 22, 2014
Inflation, Interest Rates, and Why You Should Own Gold / Commodities / Gold and Silver 2014
Jeff D. Opdyke writes: The answer: Gold.
The question: What is the best investment to own today as the Federal Reserve begins raising interest rates?
How we get to the answer — an answer that would seem to fly in the face of conventional wisdom — is why I come to you today. And this answer will reveal to you why you should own gold.
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Thursday, August 21, 2014
Mines That Run On Solar Or Wind Power / Commodities / Renewable Energy
Mining companies are often seen as dinosaurs when it comes to making changes that will benefit the environment, but that perception may be shifting as some companies turn to renewable energy to cut costs and lighten their carbon footprint.At first blush, mining and renewable energy seem incongruous. Mining's reputation as a voracious consumer of fossil fuels is well deserved, especially surface mining, where diesel-sucking haul trucks perform endless loops to and from gigantic pits scraped ever-deeper by immense earth-moving machines belching greenhouse gases.
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Thursday, August 21, 2014
Gold and Silver Trading Alert as U.S. Dollar Soars to New Highs / Commodities / Gold and Silver 2014
Briefly: In our opinion no speculative positions in gold, silver and mining stocks are now justified from the risk/reward perspective.
The back-and-forth trading in the USD Index ended as it pierced through the short-term resistance and also above this year’s high. As we have emphasized many times previously, the U.S. currency is after long-, medium- and short-term breakouts so the surprises should be to the upside. Consequently, yesterday’s rally was not unexpected. What was surprising was the lack of real decline in the precious metals sector. Does this mean that the USD rally won’t hurt gold and silver investors? Let’s take a closer look (charts courtesy of http://stockcharts.com).
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Wednesday, August 20, 2014
Peak Gold? Russia To Surpass Australia As World No 2 Gold Producer / Commodities / Gold and Silver 2014
Today’s AM fix was USD 1,294.50, EUR 973.75 and GBP 777.76 ounce. Yesterday’s AM fix was was 1,300.25, EUR 973.75 and GBP 781.17 per ounce.
Today’s LBMA Silver Price was USD 19.42 per ounce. Yesterday’s LBMA Silver Price was USD 19.66 per ounce.
Gold and silver fell yesterday - gold fell $3 to $1,295.90 and silver fell 19 cents to $19.49 per ounce.
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Wednesday, August 20, 2014
The Gold War - Thinker, Trader, Holder, Why? / Commodities / Gold and Silver 2014
By: Grant Williams
Sometimes, just sometimes, you need to stop for a second, take a step back, and reconsider the simplest pieces of any puzzle.
David John Moore Cornwall was a real-life spy. A spook. An agent. He worked for Britain’s MI5 and, later, MI6 intelligence services.
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Tuesday, August 19, 2014
The US Gold in Fort Knox is Secure, Gone, or Irrelevant? / Commodities / Gold and Silver 2014
In 1950 the US owned about 20,000 metric tons of gold - approximately 640,000,000 troy ounces. By August 15, 1971 when President Nixon "temporarily" closed the "gold window" that hoard had decreased to about 8,100 tons (Fort Knox, the NY Fed, and other locations). The US government had been overspending, exporting dollars oversees, and other governments had "cashed in" those dollars for gold. At that rate of decrease, the US gold hoard would have been entirely dissipated by now. Perhaps it is gone!
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Monday, August 18, 2014
Why Chinese Citizens Invest In Gold / Commodities / Gold and Silver 2014
The US$ price of gold has soared +377% from 2001 to date. That’s a compound annual growth rate (CAGR) equal to 13.4%. Contrast gold’s monumental appreciation with the pathetic performance of the Shanghai Stock Exchange Index and the miserly return of US Treasuries.
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Monday, August 18, 2014
Palladium Reaches 13-Year High Over $900 oz as Gold Trading Volumes Surge 66% / Commodities / Palladium
Today’s AM fix was USD 1,302.75, EUR 972.93and GBP 778.51 per ounce.
Friday’s AM fix was was USD 1,313.60, EUR 981.69 and GBP 786.78 per ounce.
Today’s LBMA silver price was USD 19.59 per ounce.
Friday’s LBMA silver price was USD 19.86 per ounce.
Monday, August 18, 2014
Crude Oil Price Decline – To What Price? / Commodities / Crude Oil
Triple Digit Prices are Not Forever
In what is only superficially amazing at a time when Islamic insurgency, including Boko Haram in Nigeria and ISIS in Iraq may be threatening the state, civil society and the oil sector in major exporter countries, oil prices are declining quite rapidly. The “magic three digit” price level for oil - $100 a barrel come rain or shine – has been seriously eroded for US WTI and may soon also be attacked for Brent. The major reason for this decline is sharper than expected and forecast decline in leading economic indicators for many large importer countries, including Japan and the EU28. Monthly oil import demand outturns for China and India are variable, but have suffered major contractions relative to previaling rates before 2010.
Monday, August 18, 2014
New Silver Price Fix Procedure / Commodities / Gold and Silver 2014
I shall come to this important event later in this market report; but first, our customary look at this week’s trading. From Monday through Wednesday the gold price found firm support at the $1305 level before gaining a few bucks to $1313 by close of play last night.
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