Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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.
Thursday, February 20, 2014
These Gold Charts Will Make Your Heart Beat Faster / Commodities / Gold and Silver 2014
Gold lovers' hearts beat faster last week, as the metal rose above $1,300 an ounce for the first time since November. The precious metal also climbed above its 200-day moving average, which hasn't happened in about a year.
ISI's John Mendelson noted that the generic gold future "rallied off its mid-December low and has decisively broken out above its downtrend line connecting the descending tops from late August, a near-term positive." The next price he's targeting is $1,350, the price gold was at in late October.
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Wednesday, February 19, 2014
Gold and Silver Trading - Silver's Price Upswing and Euro's Resistance / Commodities / Gold and Silver 2014
In short: In our opinion, no positions are currently justified from the risk/reward perspective.
Not much happened in gold and mining stocks this week, but silver moved higher. We sometimes saw this type of divergence right at the local tops, but it was not an extremely reliable sign. Let’s take a closer look (charts courtesy of http://stockcharts.com).
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Wednesday, February 19, 2014
Gold and Silver Margin Call - The Real Reason for Bear Stearns Collapse / Commodities / Credit Crisis 2008
Ted Butler has put one of his newsletters into the public domain.
It raises some interesting points. As you may recall Bear was suffering losses in a number of financial instruments at the time. But there has not been serious discussion about their precious metal positions.
Wednesday, February 19, 2014
How to Vet Graphite Stock Investments / Commodities / Graphene
Stephen Riddle, CEO of Asbury Graphite Mills Inc., has been in the business long enough to have seen companies come and go, sometimes more than once. He brings a realist's perspective to this Mining Report interview, and explains the questions he asks himself, as an investor, at each stage of mine development. He also comments on the supply-and-demand picture, and names the characteristics of his ideal graphite mine.
The Mining Report: Since 2005, prices for natural flake graphite spiked several times, but spikes have been less common since 2012. How long before we see another price spike or a sustained price run?
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Tuesday, February 18, 2014
Silver Price 50 Days and 100 Years / Commodities / Gold and Silver 2014
Maintain perspective! Skip the hope and hype, the "analysis" from vested interests, and look at facts:
- Silver closed on February 13, 2014 at $21.42.
- 50 days earlier, on December 26, 1913, it closed at $19.88
- That is about 7.7% price increase in 50 calendar days and about 11% above the December low. The silver bulls are celebrating. The silver bears are probably trying to convince themselves that a huge correction is imminent and perhaps silver will plunge to new lows.
Tuesday, February 18, 2014
GOLD Elliott Wave Trend Forecast - Could Face Resistance Around 1330 / Commodities / Gold and Silver 2014
On gold we have adjusted the wave count after recent acceleration and daily close above 1300 level. We are now tracking an incomplete triangle in wave 4) but bias remains the same; we see move up from 1181 as temporary and corrective retracement that may stop and send prices down in second part of this month. We see resistance for a potential turning pint at 1330, 1362, followed by 1376.
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Tuesday, February 18, 2014
Zinc, the "Workhorse" Metal Is Ready for a Price Breakout / Commodities / Metals & Mining
Peter Krauth writes: It's not surprising that precious metals get the most attention.
They're considered "precious" thanks to their scarcity, beauty, and history as a store of value.
That's all true. But industrial metals do the really hard work.
There's one base metal used worldwide to produce rustproof steel, in a variety of alloys, and even as a health supplement. It's not often spoken of as a great addition to your investment portfolio.
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Tuesday, February 18, 2014
Gold’s Comeback and Bitcoin’s Silent Crash / Commodities / Gold and Silver 2014
It's the tale of two assets: gold, which was largely shunned by investors for most of last year, has made an impressive comeback in recent weeks. Meanwhile Bitcoin, the white-hot "investment" of 2013, has lost value in recent weeks and threatens to violate an important long-term trend line.
Gold made its return to the headlines after exceeding the psychological $1,300 level for the first time since November. Trading volumes have hit their highest level since May as U.S. investors gradually awaken to the attractiveness of gold in the near term.
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Monday, February 17, 2014
America's 99 Problems… But Crude Oil Ain’t One of Them / Commodities / Crude Oil
America has some serious problems.
Despite the fact that the United States spends $15,171 per student—more than any other country in the world—American students consistently trail their foreign counterparts, ranking 23rd in science and 31st in math.
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Monday, February 17, 2014
Silver Prices Rise Dramatically At The End - Are We Close To The End? / Commodities / Gold and Silver 2014
Silver or the silver price is generally much more difficult to analyze than gold. Part of the reason is that so much less is known about the specifics of the silver market. Silver analysis is often done "through" the analysis of gold. This is not completely wrong, since silver and gold mostly moves in a similar manner - they have the same monetary properties after all.
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Monday, February 17, 2014
The Silver St. Valentine’s Day Breakout / Commodities / Gold and Silver 2014
In this Weekend Report I would like to show you the Chartology of silver that you won’t see anywhere else on the planet. Some of these charts might not conform to the classic textbook scenarios most chartists believe are the only correct ways to construct a chart pattern. I have learned through many years of charting the markets that there are areas in this field that can be opened up for further interpretation and still fall within the loose confines of what is considered a chart pattern. Keeping an open mind in any of the trading disciplines of the markets from Elliot Wave, to cycles or charting can give one more insight and clarity than any one book can give you. Real time analysis and interpretation is the only way to really get to know your chosen field for investing in the markets.
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Monday, February 17, 2014
Silver Price Decisive Breakout / Commodities / Gold and Silver 2014
Silver has confirmed gold's breakout of several days ago by following suit and breaking out above important resistance on Friday on the strongest volume for almost 6 months. This means that we are now in a full on Precious Metals sector uptrend, which is still in its earliest stages.
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