Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.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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Wednesday, December 18, 2013
Fed Policy Change That Will Increase the Gold Price / Commodities / Gold and Silver 2013
For investors having a rooting interest in the price of gold, the catalyst for a recovery may be in sight. "Buy gold if you believe in math," Brent Johnson, CEO of Santiago Capital, recently told CNBC viewers.
Johnson says central banks are printing money faster than gold is being pulled from the ground, so the gold price must go up. Johnson is on the right track, but central banks have partners in the money creation business—commercial banks. And while the FFed has been huffing and puffing and blowing up its balance sheet, banks have been licking their wounds and laying low. Money has been cheap on Wall Street the last five years, but hard to find on Main Street.
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Wednesday, December 18, 2013
Why 2014 to be Better for Silver Price - Video / Commodities / Gold and Silver 2013
Precious metals expert David Morgan says, “I think 2014 is going to be better for both the metals.” Morgan is not “exceedingly bullish” on gold and silver, but he says, “If a black swan were to take place, all bets are off. This is where you could get limit-up days in gold and silver and never look back.”
On the stock market, Morgan warns, “The insiders are already out . . . They’ve left the patsies holding the bag, which is the general public for the most part.” Morgan goes on to say, “As the general market goes down, you are going to see gold go up.”
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Wednesday, December 18, 2013
U.S. Energy Renaissance / Commodities / Fracking
As we come to the end of 2013, it's a good time to reflect on some of the biggest resources stories of the year. One that immediately comes to mind is the U.S. energy resurgence and its tremendous effect on oil and gas.
Only a few years ago, we were contemplating the supply constraints facing the petroleum industry, as many major oil fields around the world were declining in production. Now, with the disruptive technology in shale oil and gas, we may be looking forward to decades of drilling.
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Wednesday, December 18, 2013
Gold Investors: Take the Red Pill! / Commodities / Gold and Silver 2013
We make choices in our thinking, lifestyle, savings, and investments. We can look reality squarely in the face and swallow the red pill (from the movie - "The Matrix"). Or, we can swallow the blue pill with a healthy slug of whisky, continue riding the roller coaster of mass delusion, and go back to watching "Reality TV" and the evening news. Either way we will experience the consequences of our actions and our thinking.
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Wednesday, December 18, 2013
Collapse Looming for Crude Oil Market in 2014? / Commodities / Crude Oil
Foreign experts provide devastating forecasts for the oil market and believe that the conflicts in the Middle East would affect the value of "black gold." According to the experts, price per barrel will fall at least five times. One of the major players, the Russian Federation, will then be in a disadvantaged position. However, Russian experts were quite amused by these forecasts.
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Tuesday, December 17, 2013
Is JP Morgan Ending Its Death Grip On The Gold Market? / Commodities / Gold and Silver 2013
In this excerpt, precious metals market analyst Ted Butler describes an important evolution going on in the gold market. It has the potential to become a game changer. Although a continuation of this trend is required, it is an encouraging sign for precious metals bulls. This article was published in Ted Butler’s latest newsletter to its premium subscribers.
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Tuesday, December 17, 2013
Further Declines or Rally for Crude Oil Stocks? / Commodities / Oil Companies
In our previous commentary, we examined the situation in oil stocks. Back then, we wrote in the summary:
(...) the outlook for oil stocks remains bullish and the uptrend is not threatened, however, taking into account the medium- and short-term sell signals, further deterioration should not surprise us.
Since that essay was published, we have seen a downward move which took the oil stock index below 1,440. Did this weakness change anything in the overall outlook?
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Tuesday, December 17, 2013
More ETF Gold at Risk Sub-$1200 Says Barclays Capital / Commodities / Gold and Silver 2013
YESTERDAY'S rise of $15 per ounce in gold was erased Tuesday morning in Asia and London, as the US Dollar rose and world stock markets held flat overall.
Trading back at last week's closing level of $1238 per ounce, gold tracked broader commodity markets, where Brent crude oil retreated to $109 per barrel.
Tuesday, December 17, 2013
Dead Cat U.S. Dollar Outperforms Gold, Silver and The HUI / Commodities / Gold and Silver 2013
It has been a very hard year for the gold and silver bulls as this tiny sector has been sold off to an alarming extent by investors who are currently disillusioned by the demise of both gold and silver and the knock-on effect that they have had on the precious metals producers. Gold and silver have had a long run of ‘year on year’ gains and so the expectation was that 2013 should be more of the same. Alas, a correction arrived driving the precious metals down and decimating the price of a number of mining companies as the chart below clearly indicates.
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Monday, December 16, 2013
Elliott Wave Suggests Bearish Gold Price Towards $1130 / Commodities / Gold and Silver 2013
Gold reversed sharply to the downside at the start of September, through the rising trend line of a corrective channel. As we know that's an important signal for a change in trend, which means that bearish price action is now back in play which is accelerating for the last couple of weeks from 1362 so we think that market is moving down in wave 3 that could reach 1130 region in the next few weeks. From a short-term perspective a break of 1210 opens door for 1180. On the other hand, if 1268 is broken then bearish reversal could be seen from second resistance placed at 1295.
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Monday, December 16, 2013
Gold Analysts Split Over Fed's 2014 Impact on Gold Price / Commodities / Gold and Silver 2013
The PRICE of gold bounced from a steady drop Monday lunchtime in London, trading back at $1234 per ounce as Asian stockmarkets ended sharply down but Europe ticked up ahead of this week's US Federal Reserve policy decision, due Wednesday.
China's gold premiums above international prices edged lower again, dropping to $6 per ounce at the close of solid trading on the Shanghai Gold Exchange.
Sunday, December 15, 2013
Gold, Frankincense and Myrrh / Commodities / Gold and Silver 2013
Sean Brodrick writes: Christmas is a season for many things… and it’s also a time for commodities. No, I don’t mean the jewelry you’ll inevitably buy your sweetheart. I’m talking the old-time commodities: gold, frankincense and myrrh.
Those were the gifts of the Magi to baby Jesus. In one form or another, these commodities or their replacements are still highly sought-after more than 2,000 years later.