Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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.
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Tuesday, June 24, 2014
Crude Oil Price Turns Sharply Lower / Commodities / Crude Oil
Crude oil has turned sharply lower yesterday, from a new high. A decline on 15min chart can be counted as an impulse, so we think that top has been reached and that price will continue to the south. With that said, keep an eye on any three wave rally back to 106.20-106.40 from where downtrend could resume. 107.34 is now short-term critical resistance, as long this one holds we will be looking down.
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Tuesday, June 24, 2014
Gold Price Relative To Monetary Base At All-Time Low / Commodities / Gold and Silver 2014
The newest edition of the annual In Gold We Trust report is out. This eight edition goes again to the heart of gold’s value and analyzes the yellow metal as a monetary asset rather than an industrial commodity. The In Gold We Trust 2014 report takes a sober look at the big picture in the monetary system and offers a holistic analysis of the gold sector. It is written by Ronald Stoeferle who is the managing partner of a global fund at Incrementum AG in Liechtenstein, based on the principles of the Austrian school of Economics.
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Monday, June 23, 2014
Gold Price - Ah, the Power of Mean Reversion / Commodities / Gold and Silver 2014
The chatter last week was gold. The precious metal flew up $45 an ounce on Thursday, surprising investors, the media and markets alike.
If we look back just six months ago, gold was sitting at record lows, signaling that it was in extremely oversold territory. This was the time that many investors let fear take over and dismissed the fundamental reasons for owning gold: as a portfolio diversifier and store of value.
Monday, June 23, 2014
Few Believe Gold Price Can Shine / Commodities / Gold and Silver 2014
Bob Loukas writes: Considering that Gold has risen $80 off its low and the precious metals Miners have screamed higher, it's surprising how little bullish cheering we've heard. My discussion forum, Bull & Bear Talk, is very sensitive to Gold, but has barely seen an uptick in traffic during this move. In past moves out of Investor Cycle Lows, Bull and Bear Talk has had an immediate surge in traffic and a significant rise in the number of excited posts.
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Monday, June 23, 2014
Crude Oil Price Higher Short-Term, Lower Longer-Term? / Commodities / Crude Oil
On Friday, crude oil gained 0.54% as ongoing worries over the potential of supply disruptions from Iraq continued to weigh on the price. As a result, light crude climbed above the resistance line, invalidating earlier breakdown. Will this bullish factor trigger further improvement in the short term?
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Monday, June 23, 2014
Silver Fix - An Old Institution Dies… and a New Bull Market Is Born / Commodities / Gold and Silver 2014
Peter Krauth writes: After 117 years, the current London Silver Fix is shutting down.
In fact, we know it's going to happen on August 14th for certain.
Free marketeers are excited; for years many have maintained that silver prices are being manipulated.
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Monday, June 23, 2014
Gold Stocks HUI..What If ? / Commodities / Gold and Silver Stocks 2014
What a difference two weeks can make in the precious metals markets. Going from a confirmed downtrend to an uptrend, at least on the short term basis, was rather swift and didn’t leave much time for one to reverse direction to get back in sync with the new uptrend. At this time the rally is still in its infancy as there is more work to do but there are some positive things taking place, over the last two weeks, that could show us a major turning point maybe taking place in the precious metals sector. As always it’s one step at a time with each step confirming or not confirming the price action. In this Weekend Report I would like to look at the HUI to see how things have changed over the last two weeks. With that being said the first thing we need to see is a higher low to even consider an uptrend is taking place.
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Monday, June 23, 2014
Reflections in a Golden Eye / Commodities / Gold and Silver 2014
Here are a some previously unpublished notes written over the past few months — observations and reflections, some a little lengthy some short and sweet, strictly for the advanced gold owner.
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