Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Monday, June 23, 2014
Gold Bugs’ Hearts Are Beating Faster / Commodities / Gold and Silver 2014
Last Thursday was the kind of day that precious metals investors have been waiting (and waiting and waiting) for. Gold and silver popped 3.5% and 4.8% respectively and the junior miners, which have been universally unloved lately, took off. Some more-or-less random examples:
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Sunday, June 22, 2014
Gold/Silver Ratio Collapsed This Week, But Sits at Bottom of Price Channel / Commodities / Gold and Silver 2014
This week we saw gold and silver explode, with both gold and silver closing above the 50 SMA and 200 EMA. This hasn't been the case in silver since February, and since gold in March.
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Sunday, June 22, 2014
LNG: The Long, Strategic Play for Europe / Commodities / Natural Gas
Liquefied natural gas (LNG) to Europe isn't a get-rich-quick scenario for the impatient investor: It's a long, strategic play for the sophisticated investor who can handle no small amount of politics and geopolitics along the way. When it comes to Europe, Russia's strategy to divide and conquer has worked so far, but Gazprom is a fragile giant that will eventually feel the pressure of LNG. Read full article... Read full article...
Sunday, June 22, 2014
Gold And Silver - Western World Is Upside Down / Commodities / Gold and Silver 2014
In a break from a thematic undertone to link to gold and silver, here are some ramblings that are more underpinnings to the core problems that have left people unfocused and dealing with symptoms, no matter how they may seemingly appear to be core issues.
What makes sense any more? In the United States, all one hears in the news is lies, deceit, and propaganda. In the EU, Mario Draghi "dictates" what is [un]real, backed by a host of unelected, non-representative NWO bureaucrats. In the UK, do not know if anyone is really in charge. Regardless, there is no truth being told, in fact, the truth is actively being hidden and/or suppressed. Governments are circling the wagons against people. Banks are being protected, at all costs, literally.
Saturday, June 21, 2014
Gold and Silver Chart Comparisons / Commodities / Gold and Silver 2014
With both gold and silver putting in big moves higher the past week, I thought it would be timely to investigate both charts and see if anything can be gleaned from them. I have used the weekly charts of both commodities to do this. Let's begin with the gold chart.
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Saturday, June 21, 2014
Cheap Gold Stocks Breaking Out / Commodities / Gold and Silver Stocks 2014
Gold stocks have surged dramatically in recent weeks, defying the odds to catch a serious bid. Extreme bearishness still plagues this sector, which is certainly the most despised in all the stock markets. So why are investors returning? The universally-hated gold stocks are absurdly cheap, easily the greatest bargains anywhere. And after a long year of basing, they are finally breaking out relative to the gold price.
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Saturday, June 21, 2014
Gold Stocks 2014 Winning Surprise! / Commodities / Gold and Silver Stocks 2014
Half of 2014 is nearly behind us, and little is turning out as popularly expected. That is unless one was watching development of the past year with an unbiased view. As can be observed in the following chart, the GDX, a Gold stock ETF, has been a stellar performer thus far this year. The return on that ETF has far exceeded that widely available in most of the equity markets, and certainly far more than the NASDAQ, a market filled with Techno/Junk. Part of the reason for that stellar performance is that $Gold, Agri-Food Prices, and oil have all staged nice rallies based on strong demand, which was certainly not anticipated by most of the investment community.
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Friday, June 20, 2014
WTI Crude Oil Price on the Move $112 Next Stop / Commodities / Crude Oil
The energy sector has surged during the last two months which can be seen by looking at the XLE Energy Select Sector Fund. If crude oil continues to climb to the $112 level, XLE will likely continue to rally for another few days or possibly week as energy stocks are considered a leveraged way to play energy price movements.
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Friday, June 20, 2014
Precious Metals Investing / Commodities / Gold and Silver 2014
The below is Silver. Silver broke up out of its 1st and 2nd hurdles this week. The 2nd is the lower falling trend line, shown.
It is a fair assumption it will close above this line tonight. In other words, it will have a weekly close above Resistance. This is important to the bullish case.
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