Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, February 17, 2014
Gold Price Decisive Breakout, Precious Metals Major Uptrend / Commodities / Gold and Silver 2014
By: Clive_Maund
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
By: Michael_Noonan
[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
By: Michael_Noonan
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
By: James_Turk
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
By: Zeal_LLC
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
By: Jason_Hamlin
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
By: Alasdair_Macleod
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
By: Dr_Jeff_Lewis
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...
Friday, February 14, 2014
Gold and Silver Price Control Limbo / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
Nothing matters to anybody until it matters to everybody — and by then it's too late. This could easily be said for the gold and silver price manipulation.The question is whether the end comes before or after a concurrent monetary collapse, currency crisis, or hyperinflation.
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Friday, February 14, 2014
How Much Can Gold GDX & GDXJ Stocks Gain in 2014? / Commodities / Gold and Silver Stocks 2014
By: Jordan_Roy_Byrne
In recent months we compared the bear market in gold stocks to bear markets of the past. Readers were probably getting sick of seeing our bear analogs chart which made the case that a major bottom was coming. The good news is the major bottom is in and now we can compare the current recovery with past recoveries. GDX and GDXJ continue to form a very bullish bottoming pattern and we want to see how their measured targets (and potential upside) mesh with historical recoveries.
Friday, February 14, 2014
Why I Recently Turned Bullish on Gold Mining Stocks / Commodities / Gold and Silver Stocks 2014
By: DailyGainsLetter
Sasha Cekerevac writes: A friend of mine asked me the other day about the best way to build a long-term investment strategy. This is a great question, but it’s also one of the most difficult ones to answer.
Obviously, different people have various goals and objectives, especially when it comes to risks. For me, the way I put together an investment strategy is by looking to buy things when they are on sale, including stocks.
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Friday, February 14, 2014
Big Pharma Will Find Good Hunting Among Early-Stage Biotechs Stocks / Commodities / BioTech
By: TLSReport
Dhesh Govender, manager of the life sciences portfolio for Cedar Lane Enterprises Inc., has the inside track when it comes to identifying the hottest biotech trends. In this interview with The Life Sciences Report, Govender explains why he thinks plenty of upside remains in the life sciences sector, and reveals trade secrets that every investor should consider when building a successful investment strategy.
Friday, February 14, 2014
Food, Water and Fuel Are Necessary to Life and Investors / Commodities / Resources Investing
By: The_Energy_Report
Likening central banks to "your crackhead cousin" running loose with your American Express platinum card, Bob Moriarty sees serious economic threats in the future. This leads the owner of 321energy to look at resources like food, water and energy for protection and profit. He tells The Energy Report where energy opportunities exist, and why Chinese demand for everything will set prices in the future.
Friday, February 14, 2014
Oil Trading Alert: Crude Oil Price Hits Fresh Monthly High / Commodities / Crude Oil
By: Nadia_Simmons
Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective.
On Wednesday, crude oil rose on better than expected economic data from China and climbed to its highest level since late October. Despite an increase to a fresh monthly high, light crude reversed after the EIA data showed that crude inventories rose more than expected. In this way, crude oil lost 0.11%, but closed the day above $100 per barrel.
Thursday, February 13, 2014
Gold Price Recovery Faces Resistance / Commodities / Gold and Silver 2014
By: Gregor_Horvat
Gold is at the new highs after breaking out of a triangle at the start of the week. We see price now moving up in wave (c) of a second zigzag that may form a top in current 1290-1300 area. Keep in mind that despite higher highs and higher lows we think that move from 1181 is corrective, thus temporary recovery so we need to be aware of a bearish turning point in coming days. An impulsive fall back 1254 will suggest that highs are in.
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Thursday, February 13, 2014
Getting Positioned in Gold and Silver / Commodities / Gold and Silver 2014
By: Rambus_Chartology
Before we get into tonight’s charts I would like to explain what my goal is right now for the precious metals complex. We never know 100% for sure when we have a bottom in place. All we can do is look at the charts and indicators and try to get the odds in our favor on when to make a move. For the short to intermediate term I think we have a decent bottom in place in which we can try to take advantage of a move higher.
Thursday, February 13, 2014
Gold Stocks Picking Tools / Commodities / Gold and Silver Stocks 2014
By: The_Gold_Report
According to Bob Moriarty, the force behind 321gold, the "fact that everyone hated gold in December is a good reason for rational people to love it now." While he recommends physical gold as an essential insurance policy in any portfolio, tax selloffs, low equity prices and low gold prices mean many companies, now selling for "peanuts," are the place to put investment dollars. And, as he tells The Gold Report, all you need to pick a winner is a blindfold and a dart.
The Gold Report: Bob, in the last few weeks, Argentina and Venezuela have devalued their currencies and the central banks in Turkey and South Africa hiked interest rates. The U.S. Federal Reserve cut its monthly bond buying by another $10 billion ($10B). What do you make of all this happening in such a short timeframe?
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Wednesday, February 12, 2014
Gold as the Portfolio Choice for All Seasons / Commodities / Gold and Silver 2014
By: Michael_J_Kosares
“An ounce of gold cost $271 in 2001. Ten years later it reached $1,896—an increase of almost 700 percent. On the way, it passed through some of the stormiest periods of recent history, when banks collapsed and currencies shivered. The gold price fed on these calamities. In a way, it came to stand for them: it was the re-discovered idol at a time when other gods were falling in a heap of subprime mortgages and credit default swaps and derivative products too complicated to even understand. Against these, gold shone with the placid certainty of received tradition. Honored through the ages, the standard of wealth, the original money, the safe haven. The value of gold was axiomatic. This view depends on a concept of gold as unchanging and unchanged—nature’s hard asset.” – Matthew Hart, Vanity Fair, November, 2013
Wednesday, February 12, 2014
Why Bitcoin Will Never Trump Gold as a Sound-money Alternative / Commodities / Gold and Silver 2014
By: Douglas_French
For the first time ever, the majority of Americans are scared of their own federal government. A Pew Research poll found that 53% of Americans think the government threatens their personal rights and freedoms.
Americans aren't wild about the government's currency either. Instead of holding dollars and other financial assets, investors are storing wealth in art, wine, and antique cars. The Economist reported in November, "This buying binge… is growing distrust of financial assets."
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Wednesday, February 12, 2014
Gold Price Runs Higher / Commodities / Gold and Silver 2014
By: Jesse
Janet Yellen's testimony was a bit painful at times, but perhaps it will improve as she becomes more familiar with dancing in the lions' den. Her answer about raising the minimum wage shows her to be a tried and true economic General Pétain, well versed in failure and capitulation to the forces of neo-liberalism. At least le Maréchal de Vichy had a few moments of greatness, although much earlier in life.