Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Friday, June 20, 2014
Firmer Tone in Gold and Silver / Commodities / Gold and Silver 2014
Following on from last week when Iraq hit the headlines and the price of oil firmed up, gold was steady for the first three trading days. It seemed the shorts just held their breath and hoped Iraq would go away. But with oil prices up yet again yesterday a vicious bear squeeze followed after someone bought over 3,500 gold contracts, driving the price up to just under $1300. Once this level broke at 13.40 New York time, gold jumped a further $15 as stops were triggered.
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Friday, June 20, 2014
Gold and Silver Price Manipulation / Commodities / Gold and Silver 2014
There has always be manipulation, from the smallest levels (individual professional traders) to large size (Inv.Banks & Hedge Funds) and finally the government/central bank. The point I do not agree with is that they can "ultimately" control any market, even such as gold or silver despite their smaller size. The primary drivers of the markets are currencies and bonds because these are a reflection of the health (or illness) within a country's economy. Sure, even these can be moved by gov't policy changes (and moral suasion)(witness Japanese Yen 2012~2013), but for the most part, the free market forces are just too large for even the gov't to pump hundreds of billions per day to move them. Hence, any large enough change in those markets will eventually create a discrepancy between other related markets and consequently affect the stock and commodity markets around the world. No gov't can possibly stand in front of that train for long. If they could, then why did they let gold go up to $2000 and silver to $50?
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Friday, June 20, 2014
Gold And Silver Explode Higher! Finally Time to Buy? / Commodities / Gold and Silver 2014
Gold and silver both climbed above key resistance levels today at $1,290 and $20, respectively. Gold shot up $40 or 3.2% and silver was up $0.96 or 4.8% today alone. Most of the stocks in the GSB model portfolio were up 6% or more, while our latest portfolio addition rocketed 15% higher today!
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Friday, June 20, 2014
Gold and Silver June Lows Often Mark the Beginning of a Long Rally / Commodities / Gold and Silver 2014
This chart courtesy www.seasonalcharts.com shows the historical trend of the price of gold, based on 30 years of data. Once the doldrums of June and July are out of the way, price usually rises until January-February. The challenge is to catch the June lows.
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Friday, June 20, 2014
Swiss Banking Secrecy Under Threat? Gold Storage Companies, Safe or Not? / Commodities / Gold and Silver 2014
The media appears to have misread the results of the Credit Suisse case as they did with the UBS case two years ago. Yes, the bank was fined a massive fine in the U.S. but this did not reach back into Switzerland. How come, you may well ask?
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Friday, June 20, 2014
China Might Be Winning The Race To Reduce Solar Energy Generation Costs / Commodities / Solar Energy
Many people, even fanatical advocates of solar power, are unaware quite how close we are to reaching a critical milestone in the industry. Within a fairly short space of time, solar generated electricity will be fully cost competitive with coal-powered electricity -- at least if the governments of the world's two largest energy consuming nations have their way.Read full article... Read full article...
Thursday, June 19, 2014
Commodities Are Building Bases and About To Rally – Steel Market / Commodities / Steel Sector
Commodities in general have been under pressure for the last couple years. This can be seen by looking at the GCC Greenhaven Continuous Commodity ETF which holds a basket of resources. The weekly chart has formed a bullish bottom pattern, and as of last January it looks as though it’s now building a basing pattern. Overall commodities are in the very early stages of a stage 1 basing pattern and it looks as though it will be a few more months before any significant breakout will occur. But there could be some early entry points if you know what to look for…
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Thursday, June 19, 2014
Gold Stocks CDNX Wild and Whacky History / Commodities / Gold and Silver Stocks 2014
The first chart I would like to show you is the BPGDM that shows you what percent of the big cap PM stocks are on a buy signal using the point & figure chart. After trading sideways for most of June the BPGDM finally gave a buy signal yesterday after being whipsawed several times lately. To get a buy signal you need to have the BPGDM trading higher than the 5 dma and the 5 dma trading higher than the 8 dma. We now have that.
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Thursday, June 19, 2014
The Oil Crisis Price Spike Is Just Getting Started / Commodities / Crude Oil
Dr. Kent Moors writes: First there was the crisis in Ukraine. Then, seemingly out of nowhere, Iraq exploded into chaos again.
Both testify to one simple truth about today's energy sector: Geopolitical factors are the quintessential wild cards when it comes to estimating energy prices.
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Thursday, June 19, 2014
The Precious Return of Investment / Commodities / Gold and Silver 2014
The financial powers, in the name of government treasuries (along with the IMF) have a keen eye trained on the lowest hanging fruits of monetary assets. What was once unthinkable is fast becoming a reality as bail-ins promise to morph into the confiscation that only precious metals investors have been known for fearing.
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Thursday, June 19, 2014
Crude Oil Price Breakdown or Trap? / Commodities / Crude Oil
On Tuesday, the price of crude oil wobbled between gains and losses throughout the session as mixed data and profit taking weighed on investors' sentiment. As a result, light crude reversed after an increase to the resistance zone and declined below an important medium-term support line. Will this event be strong enough to trigger a sizable correction?
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