Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, December 25, 2013
Fracking, Uranium and Solar, Oh My!: Growth and Innovation 2013 / Commodities / Energy Resources
A more profitable outcome often requires a new way of doing things. The Energy Report profiled some of the most innovative stories in the energy space in 2013. Our experts talked about everything from developments in hydraulic fracturing techniques to new ways of finding and processing natural resources. As we look forward to exciting new opportunities in 2014, let's revisit some stories our experts shared last year.
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Tuesday, December 24, 2013
Silver Bells Ringing Price Bottom? / Commodities / Gold and Silver 2013
I would like to wish each of our readers, subscribers, partners, and supporters a delightfully enlightened and prosperous holiday season. Although no one literally rings any bells at market tops or bottoms, let me just state that there is strong technical evidence for a multi-generational bottom in silver occurring some time in 2014, and leave it at that. Click here for the entertaining prophecy and here for some final downside targets before this mother of all bull markets ignites. Below are the unfolding charts.
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Monday, December 23, 2013
Gold 2014 - Why You should Bet Against Goldman Sachs / Commodities / Gold and Silver 2014
It is a tragic irony that at a time when gold and silver are completing large basing patterns after a long and deep correction, and are at last nearly ready to turn up and start their next major uptrends, most investors in the PM sector have been psychologically crippled and rendered impotent by huge losses - some have been ruined. Most investors in the sector, or would be investors, will therefore not partake in the PM sector's next major upleg, and will stand idly by watching it from the sidelines. Not so Big Money which has been and is soaking up the better PM stocks like a giant sponge at knockdown silly prices.
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Monday, December 23, 2013
Silver Price Major Up-trend Forecast 2013 / Commodities / Gold and Silver 2014
On silver's 14-year chart we can see that, despite the severe correction since the Spring 2011 peak, it has still not broken down from the large broadening uptrend shown, nor has it dropped below the nearby zone of strong support shown. In the last update, posted on 6th October, we looked for the next major uptrend to begin almost immediately, having observed a large potential Head-and-Shoulders bottom completing. That pattern aborted and we were stopped out (of both gold and silver) for a minor loss. Although that interpretation was invalidated, it still looks like silver is in a basing process, and it may be forming a Double Bottom with its June lows.
Monday, December 23, 2013
Gold and Silver Parabolas and Ratios Story / Commodities / Gold and Silver 2013
Below is a combo chart that I’ve shown you several times that has the INDU:GOLD ratio on top and gold on the bottom. So far the parabolic move in the ratio and gold is still playing out. As you can see on the gold chart below gold touched the parabolic arc this week with the ratio chart on top doing the same. This was an important week for this ratio and gold to keep the parabolic moves going in each direction.
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Sunday, December 22, 2013
Supressed Gold Market Remains Suppressed, But For How Long? / Commodities / Gold and Silver 2013
Part of the reasoning for the price of gold to attain levels that are multiples of the current price, sometime into the future, [too late for those who have been calling for much higher gold prices in 2013], is the Federal Reserve central bank creating trillions and trillions of digital currency to support every underwater bank in existence. None of the newly created imaginary computer entries, aka currency, has made it into the hands of the business community, nor into the hands of the people, aka financial serfs, as far as bankers are concerned.
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Saturday, December 21, 2013
JP Morgan Takes On More Gold, Sutck 61,790 Ounces Out of Mocatta / Commodities / Gold and Silver 2013
The big stopper JPM added about two tonnes of gold, and 61,790 ounces of bullion came out of the Scotia Mocatta registered inventory.
This brings the total deliverable (registered) ounces of gold down to 432,612 which is a number that we have not seen in this inventory category since the early 1990's, well before the gold bull market.
Saturday, December 21, 2013
Silver Charts Offer Most Reliable Information / Commodities / Gold and Silver 2013
The most reliable information is still found in the charts.
Last week, we said to look at Bitcoin as an example of what to expect for silver, in terms of a market moving higher with impunity in a very short period of time, See Market Coming To An End, 18th paragraph. Ironically, reference to Bitcoin for its unfettered rise from just a few dollars to over $1,200, then just a few days later, the U S Treasury's Financial Crimes Enforcement Network decided to send notice to businesses that transact in Bitcoin that such activity may be considered in the arena of money laundering and that businesses "may have to comply with federal law and regulation as money transmitters, a Treasury spokesman said," and Bitcoin fell hard.
Friday, December 20, 2013
Will Gold and Silver Prices Drop Any Further? / Commodities / Gold and Silver 2013
Many times in our previous essays we have written that if you want to be an effective and profitable investor, you should look at the situation from different perspectives and make sure that the actions that you are about to take are really justified. Therefore, at the beginning of the month we examined gold and silver mining stocks to find out what kind of impact they could have on precious metals’ future moves. Back then, we concluded that the medium-term outlook for gold was bearish and mining stocks seemed to be leading gold lower. To make sure that our assumptions were correct, we decided to check the chart featuring gold’s price from the non-USD perspective and also from the European perspective. You could read the conclusions in our essay from Dec. 6, 2013.
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Friday, December 20, 2013
Silver Price Launchpad / Commodities / Gold and Silver 2013
Silver has cratered in 2013, spawning a sentiment wasteland of extreme bearishness. Yet peak despair is the very best time to buy low. Silver prices have converged on multiple major secular support zones, an exceedingly bullish technical launchpad. The white metal is also very cheap relative to gold, which is its primary driver. All this is setting up silver and the stocks of its miners for a fantastic new upleg in 2014.
I know that is hard to believe this week, with the Fed’s surprise QE3 tapering hammering the precious metals. Literally all year long, the tapering hysteria has sparked numerous selloffs in gold and silver. And this week the actual taper is pounding silver down to retest its deep late-June low. Schizophrenic futures traders believe not only are QE3’s inflationary debt monetizations bearish for silver, but so is the end of them!
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Friday, December 20, 2013
Gold Price Breaking Below $1200, Silver $19 / Commodities / Gold and Silver 2013
This was the week the Federal Open Market Committee decided to start tapering. The result was gold traded below $1200 yesterday for the first time in nearly six months, and silver pulled back to $19.10.
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Friday, December 20, 2013
Spinning Straw into Silver and Gold / Commodities / Gold and Silver 2013
World financial markets are poised for a major phase transition. We are witnessing a bubble trifecta where a bubble in bonds, equities, and housing are beginning inflate beyond sustainability, which poses a very real threat to what is left of the real economy. Add to this that the underlying unit of measure is a currency backed by debt and politics.
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Friday, December 20, 2013
Five Hidden Drivers That Will Slingshot Gold Price to $2,500 / Commodities / Gold and Silver 2014
Peter Krauth writes: What we're seeing - and what I will show you today - is the unstoppable chain-reaction of conditions that's about to unfold in the gold market.
It's time to move on this. This capital wave could lead to the biggest sustained moneymaking opportunity of your lifetime, if you know exactly how to play it.
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Friday, December 20, 2013
Bitcoin's Five Big Advantages Over Gold / Commodities / Bitcoin
Michael A. Robinson writes: I strongly believe that everyone should own some physical gold. It's been the store of value, and the preferred method of asset protection for more than 5,000 years. It's irreplaceable.
But I also believe that every investor ought to own at least some of the new digital money known as bitcoin.
You see, most of the people buying bitcoin are interested in the explosive growth potential the new "currency" offers, as more and more retailers, CEOs, and governments embrace it.
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Friday, December 20, 2013
Gold and Silver Bear Market is in its Final Throes / Commodities / Gold and Silver 2013
The Fed decision was the catalyst for the final breakdown in precious metals. On Thursday Gold closed at a new low, below $1200 and the gold shares also closed at a new low. Last week we wrote: “The bulk of the evidence leads me to believe that we probably have not seen the bottom though we are very close…..Bottoms can happen in an instant or develop through a basing process. Huge immediate rebounds originate from extreme oversold conditions. We don’t have that at the moment.”
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Friday, December 20, 2013
What the Fed Taper Means for Crude Oil Prices / Commodities / Crude Oil
Dr. Kent Moors writes: Yesterday afternoon, after much gnashing of teeth, the Fed finally revealed its long awaited taper plans…
And the DOW jumped by almost 300 points.
Now, the taper itself is small to start – just a $10 billion reduction for the month of January. But the announcement was coupled with a pledge to keep the fed funds rate at zero beyond the 6.5% unemployment threshold.
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Thursday, December 19, 2013
Silver Bells May Soon Be Ringing for Investors / Commodities / Gold and Silver 2013
Sean Brodrick writes: They say that a bell never rings at the top and the bottom of the market. But there’s some real jingling going on in silver right now. And it may just be the start of something big. Could you profit from it? Yes!
There’s no denying that silver took a beating in 2013. Recently it was down 33.6% for the year, even worse than gold’s abysmal 25% loss. Clearly, investors hate silver.
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Thursday, December 19, 2013
What Does Tapering Mean for Gold and Silver? / Commodities / Gold and Silver 2013
Now we know: The Fed is going to purchase $75bn of assets, a reduction of $10bn a month. The two other bits of information that came from the FOMC meeting were that purchases of US Treasuries and mortgage bonds are to be cut by $5bn each, and interest rates will be held at zero for even longer. And to justify zero interest rates, the unemployment target is being shifted from 7% to 6.5%.
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Thursday, December 19, 2013
Fed Tapering Whacks Gold and Spooks China / Commodities / Gold and Silver 2013
WHOLESALE London gold sank against all currencies Thursday morning, falling 1.9% vs. the Dollar to hit 6-month lows after initially trading flat overnight despite the US Fed finally reducing its $85 billion per month in asset purchases.
Cutting next month's quantitative easing of US mortgage and longer-term government bond rates to $75bn, the Fed pointed to "growing underlying strength in the broader economy."
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Thursday, December 19, 2013
Gold, Silver and HUI Stocks Diamond Patterns / Commodities / Gold and Silver 2013
Lets get right to the charts tonight as everything seems to be going according to plan so far. Today’s move in gold seemed volatile but when you look at the daily chart, the price action fit right into another little Diamond consolidation pattern, that has formed just below the bigger blue Diamond consolidation pattern. When you look at the very last bar on the chart below you can see the high today came right up to the top rail on the right side of the Diamond and then fell away. Then just towards the end of the day it broke through the bottom rail. So it looks like our small consolidation phase maybe coming to an end. If we get a backtest tomorrow, to the bottom red rail, it would be a good low risk entry point to add another small bite to your existing position.
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