Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, February 24, 2014
The Coming Silver Storm: The Public Is Not Prepared / Commodities / Gold and Silver 2014
The financial sky is growing dark. The stock markets are experiencing volatile trade winds. The barometer of the economy grows weak as indicators point to another recession looming on the horizon.
The Precious Metal Storm is coming... unfortunately, the public is not prepared.
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Monday, February 24, 2014
GDXJ Signals Imminent Breakout Into Major Gold and Silver Stocks Sector Uptrend... / Commodities / Gold and Silver Stocks 2014
A lot of investors are going to miss out on the huge bullmarket advance in the Precious Metals sector that is just starting as this is written, because they are frightened of the impact of the broad market on the sector, but as we will see, the sector itself is signaling that it is going up, big time.
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Monday, February 24, 2014
An Historical Look at Gold and Silver Stocks / Commodities / Gold and Silver Stocks 2014
In this Report would like to show you some very long term charts for some of the precious metals stocks that shows us where we’re at in the big picture. For me it’s important to know where a stock has been so I can have and idea if it’s close to a previous low or high or is it just trading in the middle of no mans land. It just provides perspective that one can use as they can then start to reduce the time lines down to the daily and even hourly charts to help make a decision on where to buy or sell a stock.
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Sunday, February 23, 2014
Gold and Crude Oil Short-term Outlook / Commodities / Crude Oil
Gold has moved well above 1300 mark, and is forming an extended leg from 1251, triangle low. Notice that we have adjusted the wave count, but we see a corrective advance from 1181 now at 1330 resistance. We are observing more simple count now this time; a zigzag with a triangle placed in wave (b). We also know that wave (b) pattern CANNOT be labeled as wave two, because triangles never occur in wave two position. So, because of that situation we are even more confident that rally is a contra-trend and that gains will be limited. A decline beneath 1290 area could be an important sign for a confirmed top.
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Saturday, February 22, 2014
Stocks Bull Market Continues / Commodities / Gold and Silver 2014
Even though it was a holiday shortened week the market finished a rally on Wednesday at SPX 1848, dipped to 1825 by Thursday, then started another rally. For the week the SPX/DOW were -0.20%, the NDX/NAZ were mixed, and the DJ World index was +0.60%. Economic reports came in slightly lower for the third week in a row. On the uptick: the CPI/PPI, leading indicators, the monetary base, plus weekly jobless claims improved. On the downtick: the NY/Philly FED, the NAHB index, housing starts, building permits, existing home sales and the WLEI. Next week we get Q4 GDP, Durable goods orders and more Housing reports.
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Saturday, February 22, 2014
All Eyes On Gold And China When Silver Could Be The Tipping Point / Commodities / Gold and Silver 2014
incense - [noun] an aromatic substance acquired from certain resinous trees with aromatic biotic materials which release fragrant smoke when burned. The odor produced from smoke is not the incense, but the substance that is burned.
Fundamentals for gold and silver have become the incense of reality for Westerners. The primary focus is on how many tonnes of gold China has been importing for the past many years, the depletion of available stocks from the central bankers straw men, aka the LMBA and COMEX, the number of coins sold by various governments to the public, [a relative drop in the bucket, but its reporting has a sensation factor], etc, etc.
Saturday, February 22, 2014
Gold Price Off To A Good 2014 Start / Commodities / Gold and Silver 2014
Gold has moved to the front burner. It's risen nearly 11% from its December low to a 3+ month high. So 2014 is off to a good start.
Gold shares stronger
Gold shares are rising even more than gold. We like gold shares and recommend buying both gold and gold shares. The upside is open to at least a decent intermediate rise.
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Saturday, February 22, 2014
Crude Oil Price Declines Slightly / Commodities / Crude Oil
Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective.
On Thursday, crude oil moved lower as the U.S. dollar strengthened after solid U.S. economic data and stocks of distillates fell less-than-expected. Despite this small drop, light crude still remains near a 4-month high, slightly below $103 per barrel.
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Friday, February 21, 2014
Big Gold Stocks Buying Opportunity / Commodities / Gold and Silver Stocks 2014
Gold stocks have been on fire this year, blasting higher to 2014’s pole position of best-performing sector. And this powerful rally’s internals are looking as good as its headline gains. The recent months’ gold-stock buying has been on big volume, with large capital inflows. This is very bullish behavior revealing a sea change in sentiment and strong conviction among returning gold-stock investors and speculators.
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Friday, February 21, 2014
The Counter-Intuitive Gold Play / Commodities / Gold and Silver 2014
Gold has so far enjoyed a terrific start to the New Year, most recently closing at its highest level late October 2013. It has even succeeded in closing above its psychologically significant 200-day moving average for the first time in over a year.
In summary, gold futures have risen over 12% through Feb. 18, reversing its biggest annual drop in over three decades. It also hit a three-month high on Tuesday. Holdings in ETFs backed by bullion increased by 3.2 metric tons last week - the greatest amount since December 2012 - after slumping 869.1 tons in 2013, when prices were down 28%.
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Friday, February 21, 2014
Gold and Silver Extend Their Price Rallies Amid Escalating Chinese Demand / Commodities / Gold and Silver 2014
This week has seen precious metals prices rise strongly, with the bears caught on the hop. The chart below shows gold which at the time of writing has been consolidating under overhead supply in the $1330-50 level.
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Friday, February 21, 2014
Extreme Cold Weather Boosting Natural Gas Profits / Commodities / Natural Gas
Mohammad Zulfiqar writes: Just like any other commodity, natural gas prices are affected by supply and demand metrics. If demand increases and supply remains the same (or declines), you have a perfect recipe for higher prices. Since the beginning of the year, this commodity’s prices are up more than 40%!
Before you start judging where the prices will go next, you have to see what kind of factors can affect the demand or supply. Consider gold prices, for example. If the demand for gold increases and, at the same time, there’s a discovery of a major mine—the prices may not move as much as anticipated if the mine wasn’t discovered. The reason behind this is simple: there’s supply to meet the demand.
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Friday, February 21, 2014
Gold, Silver, Acceleration and Money Velocity / Commodities / Gold and Silver 2014
The wall of fiat money created over the last five years is staggering, offset only by the stasis that pervades its exchange. Money velocity is the key variable that will signal the character of confidence and the next wave of inflation.Read full article... Read full article...
Friday, February 21, 2014
The Probability That the Gold & Silver Miners Bear Market is Over is Now High / Commodities / Gold and Silver Stocks 2014
It’s been a tough bear market for the gold and silver miners. The Philadelphia Gold & Silver Miners Index (XAU) reached a weekly high in April 2011 (225.79) and declined some 64% peak to trough by December 2013 (weekly low 80.43). After an 11-year bull market in the gold price from 2001 to 2013, which took it from $255 a troy ounce to a peak of $1,900 an ounce and back to $1,300 currently, the gold miners are not just back to 2001 levels, but also the mid-1980s levels. In other words, the gold and silver miners have not added value for investors over the long-term, and even a quadrupling in the gold price in the 2000s did not see them deliver higher and sustainable earnings, cash flows and dividends for investors.Read full article... Read full article...
Friday, February 21, 2014
Gold Bugs Don’t Fear Strength, Plenty More Upside Ahead for Gold Stocks / Commodities / Gold and Silver Stocks 2014
Major bottoms in any market or sector usually produce big rebounds and big gains for those who are correctly positioned. For some, the initial strong gains create trepidation that the market will experience a big correction or revert back to the previous bear market (which created the foundation for the big rebound). I've noticed this trepidation over the past few days from subscribers and other advisors preaching caution or hedging their recent gains. This is all well and fine but the evidence as well as history suggest not to worry because the gains will continue unabated over the intermediate term.
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Friday, February 21, 2014
Why the Rising Tide in Oil Hasn’t Been as Good for Offshore Ventures / Commodities / Oil Companies
Dr. Kent Moors writes: The spread between West Texas Intermediate (WTI) and Brent continues to narrow.
Thanks to additional new U.S. pipeline capacity and the growing volume of oil product exports from American refineries, the glut of excess storage at Cushing, Okla., is shrinking.
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Friday, February 21, 2014
Uranium Supply Disruptions Spell Opportunity for Investors / Commodities / Uranium
A supply crisis is looming in the uranium industry, and today's uranium price, stagnant at an eight-year low, will shoot up quickly when restarts of Japanese nuclear power plants bring back demand with a vengeance, David Talbot tells The Energy Report. Talbot, a geologist and senior mining analyst at Dundee Capital Markets, is excited about the potential of Canada's Athabasca Basin, the world's most prolific uranium source. But beyond the pounds in the ground, he sees money to be made in undervalued companies.
The Energy Report: David, welcome. Let's start with the big picture: What is the general outlook for uranium in 2014?
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Thursday, February 20, 2014
Bitcoin Craptocurrency Price Crash Accelerates to MTGox $112, Destiny with Extinction / Commodities / Bitcoin
Magic the Gathering! The worlds largest bitcoin exchange MTGox as measured by volume remains in a state of free fall where those that followed the cue of bitcoin pumper's to buy at last weeks rock bottom prices of around $250 that followed a 2 month collapse from $1250 will now themselves be sitting on a loss of about 55% less than a week later.
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Thursday, February 20, 2014
How to Play the Silver Price Rally / Commodities / Gold and Silver 2014
Sean Brodrick writes: Silver is rallying sharply this month, up about 14% in the last three weeks and blowing out of its old range. After it closed yesterday at $21.85, I’m confident we’ll see silver test $27 or even $30 by the end of this year.
And that will make a huge difference for undervalued silver producers.
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Thursday, February 20, 2014
Significant Silver Price Rallies Usually Follow Major Dow Peaks / Commodities / Gold and Silver 2014
Significant nominal peaks in the price of silver tend to come after significant nominal peaks in the Dow. This has been the case for the last 90 years at least.
It is no coincidence that significant silver rallies follow after significant Dow rallies end. It is simply a natural reaction to what caused the stock market rally as well as the effects of that rally. So, if it happened before, it will certainly occur again.