Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, June 28, 2014
How Long Does The OPEC Party Keep Going? / Commodities / Crude Oil
The 30 Mbd Limit
Temporarily reprieved by Syria, Libya and Iraq oil prices can be kept from falling, or stoked higher by Goldman Sachs and the dwindling band of “oil and energy market maker banks”. These include the now not-so-Teflon market rigging fraudsters Barclays, Deutsche Bank, SocGen, JP Morgan and a small number of others, like BNP Paribas. If you want to know why oil prices are high – ask them.
Saturday, June 28, 2014
Gold And Silver Price No Defined Bottom / Commodities / Gold and Silver 2014
Despite a decent rally in both gold and silver over the past 7 trading days, [TDs], both remain in bear market conditions, overall. This should hold true for however many more months, or years that the war-breathing, fiat-issuing federal United States government can retain its control. Despite the fact that the numbers of people who recognize the utterly corrupt nature of Western governments, led by the US and willingly abetted by the UK and Germany, those in control still remain in control.
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Saturday, June 28, 2014
Developing Gold Market Situations - Stock Market Meltdown... / Commodities / Gold and Silver 2014
As you can see in the chart below, even as we are consistently reminded that the stock market is trading at record highs, gold remains the best performer on the year thus far -- better than Treasuries, the euro, commodities, farmland, NASDAQ and the Dow Jones Industrial Average, better even than silver. The nearly 10% appreciation in the price began under what we believe to have been oversold conditions at roughly $1200 per ounce. Much of the early year upward price adjustment had to do with investors globally taking advantage of the oversold market. Over the first six months of the year, we have enjoyed a steady increase in business at USAGOLD. Many of the same clients who purchased gold in the $300 to $600 range in the late 1990s and early 2000s are buying now. It has been a good year for gold thus far, but what about the rest of 2014? At USAGOLD, we are monitoring three developing situations that we believe could have a profound impact on gold demand during the remainder of the year -- driving forces that could provide impetus for a classic gold run that could begin with a summer surprise. . . . .
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Friday, June 27, 2014
Bitcoin New Rally Might Be Close / Commodities / Bitcoin
Briefly: we don’t support any short-term positions in the market.
Mark Karpeles, CEO of the now defunct exchange Mt. Gox gave a first interview since the announcement of the bankruptcy of his company, the Wall Street Journal reported:
"As the company head, my mission was to protect customers and employees," Mr. Karpelès said in the interview, his first with media since a Feb. 28 news conference to announce the exchange's bankruptcy filing. "I'm deeply sorry. I'm frustrated with myself."
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Friday, June 27, 2014
Record Gold Stocks Summer? / Commodities / Gold and Silver Stocks 2014
Gold stocks have defied the odds to blast higher in the early summer doldrums. Investors have flocked back in recent weeks, their heavy buying driving record June-to-date gains. If this newfound momentum continues, gold stocks have the potential to achieve a record summer. With their exceptionally-bullish technicals this is certainly possible, but remains a tall order unless gold’s rare summer rally resumes.
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Friday, June 27, 2014
Should Anything Replace The 'Gold Fix'? Where Next? / Commodities / Gold and Silver 2014
Since the Barclays trader was found guilty of manipulating gold prices and Barclays fined $44 million, the entire "Fixing" process has come under the spotlight. The bankster involved is thought to reflect one or maybe other 'rogue' traders, not a condemnation of the whole process of the "Gold Fix" by the banking fraternity.
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Friday, June 27, 2014
Why The COMEX Is Corrupt / Commodities / Market Manipulation
It is one thing to label the world’s most important precious metals exchange as the most corrupt; but perhaps quite another to prove it in terms beyond reasonable doubt. First, let me be clear in what I am asserting – the Commodities Exchange Inc. (COMEX), owned and operated by the CME Group, has come to control and manipulate the price of gold and silver, as well as copper, for the sole benefit of certain exchange insiders, most prominently JPMorgan.
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Friday, June 27, 2014
Trading the Ratios and Swapping Gold for Silver / Commodities / Gold and Silver 2014
Primary gold investors versus silver investors are not exactly alike.
Swapping gold for silver is a trade always worth considering, especially when the ratio blows out as wide as it is now. Portability is one obvious reason for the reverse, as long as premiums match up in the transaction. But the main advantage to this kind of swap is that silver almost always tends to cover more ground percentage-wiser and faster when it is allowed to move in a significant way.
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Friday, June 27, 2014
Gold and Silver Price Building a Base / Commodities / Gold and Silver 2014
It is three weeks since the managed money category on Comex placed their biggest bet ever recorded in recent times that silver was going lower, and also bet big-time that gold would sink below $1200. As is often the case when traders are so commonly committed to a price outcome they end up nursing some painful losses.
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Friday, June 27, 2014
Gold Miners Nearing Strong Monthly and Quarterly Close / Commodities / Gold and Silver Stocks 2014
The gold and silver miners have cooled off in recent days after a red-hot start to the summer. Could this cool off be the start of another move lower or a pause before another leg higher?
We continue to be bullish and a new reason is the sudden strength in the monthly and even quarterly charts. For larger or developing trends, monthly charts supersede weekly charts, which supersede daily charts. With only two days left, the gold and silver miners are poised to end the month and quarter with their strength intact.
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Friday, June 27, 2014
Gold and Silver versus the Petrodollar Peril / Commodities / Gold and Silver 2014
Transcript: Welcome to HoweStreet.com Radio, the online source for market opinions.
Jim Goddard: My guest is David Smith, Senior Analyst for the Morgan Report which you can find online at Silver-Investor.com. Welcome to the show David.
David Smith: Good to be back, Jim.
Jim Goddard: Gold and silver versus petrodollar perils, maybe explain to us what you feel that is and why investors should be concerned about it.
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Thursday, June 26, 2014
What Crude Oil Says About Silver Price / Commodities / Gold and Silver 2014
If you want to know where silver prices are going, ask crude oil!
Crude Oil Prices:
December 1998 Crude Oil price was under $11
January 2000: Crude Oil price was about $24
July 2008: Crude Oil price topped about $147
December 2008: Crude Oil prices crashed to about $35
June 20, 2014: Current price is about $106.
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Thursday, June 26, 2014
Why Gasoline Prices Are Headed to $4 Per Gallon / Commodities / Gas - Petrol
Dr. Kent Moors writes: Futures prices for both crude and gasoline were down yesterday. Unfortunately, that barely tells the real story.
So, enjoy the respite while it lasts.
Thanks to the growing Sunni insurrection and the rapid unraveling of the Shiite government in Baghdad, you can bet that prices for both crude and gasoline will be making the headlines over the next two months.
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Thursday, June 26, 2014
A Cold Hard Look at The Big Cap Precious Metals Stock Charts / Commodities / Gold and Silver Stocks 2014
In today’s report I would like to take a good hard unbiased look at some of the big cap precious metals stocks that have been in rally mode since the first of June. This rally has been pretty impressive so far but is it the real thing? Last night I showed you some charts on the GDM going from the 60 minute short term look to a year and a half look that showed the two big patterns we have in place right now, the falling flag and the inverse H&S bottom. Tonight I would like to follow up with some big cap PM stocks, on the 60 minute chart and the bigger long term chart charts, that have their own respective year long trading ranges.
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Thursday, June 26, 2014
Inane Bloomberg - Yellen's Fading Gold Rally / Commodities / Gold and Silver 2014
Bad economic analysis abounds. Some of it is so bad you wonder if the authors understand how any markets work, not just the topic of discussion.
For example, please consider Gold Euphoria Won’t Last With Yellen’s Rally Fading, a truly remarkable exercise because it took three Bloomberg writers to produce.
Thursday, June 26, 2014
The Palladium Bull Run is Underway / Commodities / Palladium
David H. Smith writes: A precious metal which has over 80% of its annual production coming from just two countries? Considerably rarer than its cousin, platinum – known by the Spanish Conquistadors as “little silver” - yet sells for a bit more than half as much? Like silver, a “two-doors” metal with both vital industrial applications and increasing investor interest? And like these metals, it can be bought and sold by investors in the form of bullion coins and ingots? That metal is palladium.
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Wednesday, June 25, 2014
Catch the Gold Golden Goose / Commodities / Gold and Silver 2014
Sean Brodrick, writes: Gold got goosed two weeks in a row. Last week it shot up $39 an ounce. That came on the heels of a $24 move the previous week. Could gold go higher from here?
Yes.
I'll show you why.
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Wednesday, June 25, 2014
NAV Premiums of Certain Precious Metal Trusts and Funds - Silver Holds Its Level / Commodities / Gold and Silver 2014
There is little question that a major short interest position in silver that had built up in the first part of this year was taken out and pummeled by the power players in the market. Gold was also oversold on paper, but not to the extent of silver.
Today is a quiet options expiration so far, probably because of this. The urge to sell silver by going short has been tempered by the beating administered to those who went a bit too far in their antics.
Wednesday, June 25, 2014
Is Silver the Cure for Silver Prices? / Commodities / Gold and Silver 2014
Background
There are a numerous contributing factors to be taken into consideration before making an investment in silver such as: supply and demand, industrial usage including solar panels, decorative jewelry, and short and long trading opportunities, price manipulation, various metrics such as silvers relationship to gold, the DOW Industrial Index, etc. The list of uses is huge and growing, so today we will look at just one of them which we think is important; the medical uses of silver.
Wednesday, June 25, 2014
The Pause Before the Storm in Gasoline Prices / Commodities / Gas - Petrol
Kent Moors writes: Futures prices for both crude and gasoline were down yesterday. Unfortunately, that barely tells the real story.
So enjoy the respite while it lasts.
Thanks to the growing Sunni insurrection and the rapid unraveling of the Shiite government in Baghdad, you can bet that prices for both crude and gasoline will be making the headlines over the next two months.
Read full article... Read full article...