Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Monday, February 17, 2014
Gold Price Decisive Breakout, Precious Metals Major Uptrend / Commodities / Gold and Silver 2014
Gold broke out decisively last week from its downtrend dating back to last August, a development that was confirmed by a dramatic high volume breakout by silver on Friday.
On its 8-month chart we can see that gold broke out both from its downtrend and also from a Head-and-Shoulders bottom. It even managed to close above its 200-day moving average on Friday, although the fact that this average is still falling coupled with an overbought reading on its RSI indicator may lead to gold consolidating a little before it makes further gains. Overall though this is a very positive picture, with a clear breakout, and a now rising 50-day moving average that will lead to a bullish moving average cross if gold can hold its gains made so far or if it advances further.
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Sunday, February 16, 2014
Taking Stock Of Gold Stocks – ANV, NGD, AUY, FCX, NEM, AEX, GDX / Commodities / Gold and Silver Stocks 2014
[Note: This started as a comparative look at some gold stocks, and it turned into a great exercise in finding trades, if you take the time and go through the steps we outline in each chart. You can begin to see differences in the quality of trade selection, based purely on information the market offers each and every day. Enjoy!]
We often see comments to the effect of interest in gold miner stocks as a play on gold. Ten days ago, we did an analysis of silver-related stocks, Taking Stock of Silver Stocks, looking at SLW, PAAS, CDE, AG, SSRI, and HL. While many view mining companies as a proxy for gold, they are not necessarily so. There are many influences that can affect the performance of a mining stock that are unrelated to the performance of the underlying physical: management, cost of mining, depletion, labor issues, added debt, etc.
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Saturday, February 15, 2014
Bankers Can [Will] Steal Your Cash But Cannot Touch Your Gold and Silver / Commodities / Gold and Silver 2014
Bankers can and will steal your cash, but there is no way they can take your personally owned and personally held gold and silver. The ongoing plan for 2014 is to buy and hold even more gold and silver and reduce your exposure to cash held in any bank. Just keep enough to cover week by week expenses, and keep the rest of your cash at home, under the mattress, in a safe, buried in the backyard, anywhere but in a bank.
ANYONE who keeps money in any banking system in the Western world is sending an RSVP to bankers to access your funds, and they will not disappoint. The confiscation of Cyprus banking accounts was bandied about as a template for other countries. "No, that would never happen," was a constant refrain. Well, it was just the beginning.
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Friday, February 14, 2014
Erosion of Trust Will Drive Gold Price Higher / Commodities / Gold and Silver 2014
Q&A with Casey Research
James Turk, founder of precious metals accumulation pioneer GoldMoney, has over 40 years' experience in international banking, finance, and investments. He began his career at the Chase Manhattan Bank and in 1983 was appointed manager of the commodity department of the Abu Dhabi Investment Authority.
In his new book The Money Bubble: What to Do Before It Pops, James and coauthor John Rubino warn that history is about to repeat. Instead of addressing the causes of the 2008 financial crisis, the world's governments have continued along the same path. Another—even bigger—crisis is coming, and this one, say the authors, will change everything.
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Friday, February 14, 2014
Gold Stocks Breakout / Commodities / Gold and Silver Stocks 2014
Gold stocks just surged to a major technical breakout, a very bullish omen. Investors are actually starting to redeploy capital in this battered sector, catapulting gold stocks into the early lead as 2014’s best performers! This year is shaping up to be the polar opposite of last year’s epic carnage, with gold stocks mean reverting back up to fundamentally-reasonable levels. The vast majority of the buying is still yet to come.
Exiting last year, gold stocks were inarguably the most hated sector in all the stock markets. And it is easy to understand why. In a stupendous year when the benchmark S&P 500 stock index blasted 29.6% higher, the flagship HUI gold-stock index collapsed 55.5% lower! It is hard to imagine a greater performance gap, which led investors to flee as gold stocks were crushed with gold. It was a total disaster.
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Friday, February 14, 2014
Silver Confirms Gold’s Breakout / Commodities / Gold and Silver 2014
As of yesterday, gold had advanced roughly $100 in 2014 for a gain of 8.3%. Silver was up $1.00 in the same time period for a smaller gain of around 5%.
It is rare to see silver underperform gold, as it usually offers leverage in either direction to the movement of the gold price.
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Friday, February 14, 2014
China's Gold Demand / Commodities / Gold and Silver 2014
The China Gold Association http://www.cngold.org.cn/newsinfo.aspx?ID=995 this week released estimates for China's "gold consumption" for 2013 at 1,176 tonnes. Furthermore the CGA reported China's own gold production at 428 tonnes.
The CGA's figures were significantly less than recorded imports into China from Hong Kong. Instead, on my analysis, the CGA figures do not represent total demand, but presumably only that portion reported to it by its members at the retail level. The purpose of this article is to set the record straight.
Friday, February 14, 2014
Silver and Gold - Positioning for the Long Side / Commodities / Gold and Silver 2014
With incredible bullish and widely misunderstood fundamentals generally kept sequestered from the mainstream, it is easy to rationalize higher prices eminent at any point in time. This is certainly why so many analysts and many new investors arrive to the sector with an impatience driven by the accident (surging prices) waiting to happen any minute.Read full article... Read full article...