Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, November 22, 2013
Final Plunge in Gold and Silver is Underway / Commodities / Gold and Silver 2013
By: Jordan_Roy_Byrne
Two weeks ago we penned Gold Bear to end with a Bang, and noted the increasing probability that precious metals could be headed for a plunge to new lows ahead of a final major bottom. Two weeks later we continue to hold that view. The forthcoming charts present levels at which the more than two year old cyclical bear market could end. At the least, these support levels can provide a point at which short positions and hedges could be liquidated.
Thursday, November 21, 2013
The Coming Bust of the Great Bakken Oil Field / Commodities / Oil Companies
By: Steve_St_Angelo
There has been a lot of Fanfare on the huge increase of oil production coming from the Bakken Field located in North Dakota. There are many stories of people moving to the state to take advantage of the new OIL BOOM. It seems like everyone is going there to start a new life and make it rich in one of the coldest areas in the United States.
Thursday, November 21, 2013
Bad News Bias Sees Gold Price Near 3-Year Lows / Commodities / Gold and Silver 2013
By: Adrian_Ash
LONDON dealing in gold saw prices retreat towards last night's new 4-month lows Thursday morning, failing to rally above $1250 per ounce as world stocks markets held flat – and major government bonds continued to slip – following publication of minutes from the US Federal Reserve's last policy meeting.
For Dollar investors, gold came within 5% of end-June's 3-year low at $1182, and stood only 2% above that level for Eurozone traders.
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Thursday, November 21, 2013
Can Oil-Stocks-to-Oil Ratio Tell Us Crude Oil Price Future Moves? / Commodities / Crude Oil
By: Nadia_Simmons
In our essay on oil stocks from Nov. 14, we focused on the connection between the XOI and the general stock market to find out what impact the S&P500 index could have on the oil stock index's future moves. Back then, we also wrote about the relationship between the oil stocks and crude oil:
(...) crude oil has remained in the narrow range, but yesterday it climbed above $95. What's interesting, at the same time the XOI increased slightly above an important resistance. Although they moved in the same direction after weeks of negative correlation, this positive correlation might be just another temporary phenomenon - especially when we factor in the weekly outlook.
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Thursday, November 21, 2013
China's Big Gold Buyer / Commodities / Gold and Silver 2013
By: Adrian_Ash
Private Chinese demand for gold has leapt ahead of economic growth...
ONE MAN'S investor is, apparently, another's middle-aged housekeeping auntie in China.
"Yang Cuiyan," says Bloomberg, "a 41-year-old housekeeper from Anhui province, is one reason China is poised to topple India as the world's top consumer of gold, even as investors desert the metal."
Wednesday, November 20, 2013
Gold Stocks are the Greatest Investment Opportunity in 30 Years / Commodities / Gold and Silver Stocks 2013
By: Jeff_Clark
I caught myself daydreaming last week…
It's October 27, 2008, and Silver Wheaton (SLW) just hit $3 per share. I buy 10,000 shares, more than I've ever devoted to any one stock. I sell half when it hits $33 per share and pocket $150,000 after a 1,000% gain. I pay off the mortgage, and my wife quits work—and I still have 5,000 shares…
Not a bad daydream, eh? I don't know how many investors actually had the intestinal fortitude to plunk down a big lump of cash on a stock at that time—but Silver Wheaton did indeed offer that 1,000% return, and more.
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Wednesday, November 20, 2013
Don't Bet on China Sustaining the Commodity Super Cycle / Commodities / Commodities Trading
By: Submissions
Justin Pugsley writes: China, the world's number one consumer of so many raw materials apparently looks set to carry on buying following bold reforms announced at the third plenum of the communist leadership. But it could be a long wait before they buoy commodity currencies if indeed they ever will.
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Wednesday, November 20, 2013
Weak US Inflation Sees Gold at 5-Week Low / Commodities / Gold and Silver 2013
By: Adrian_Ash
WHOLESALE gold fell to new 5-week lows Wednesday lunchtime in London, dropping below $1257 for a 2.5% loss so far this week after new data showed US consumer prices falling last month from September.
Year-on-year, inflation in the US CPI fell to 1.0%, its lowest level since the deflation of 2009.
US stock markets rose after the news, while European equities cut earlier losses.
Wednesday, November 20, 2013
Will 2014 be the Year for Gold Bullion Investors? / Commodities / Gold and Silver 2014
By: InvestmentContrarian
Sasha Cekerevac writes: Last week’s testimony by Janet Yellen, President Obama’s choice for the next head of the Federal Reserve, was quite interesting. What I also found fascinating was the reaction in various markets.
Yellen was testifying in front of the Senate Banking Committee, and when asked about the possible formation of bubbles as a result of the Federal Reserve’s quantitative easing program, she stated point-blank, “By and large, I would say that I don’t see evidence at this point in major sectors of asset price misalignments.” (Source: Bloomberg, November 15, 2013.)
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Wednesday, November 20, 2013
Ultimately Gold and Silver Will Be The Ultimate Currency Video / Commodities / Gold and Silver 2014
By: GoldSilverWorlds
In his latest interview, David Morgan from The Morgan Report gives his view on the gold and silver outlook for 2014, how the dollar is steadily losing trust, why mainstream loves to talk down gold, and whether this is a good time to accumulate physical precious metals.
Wednesday, November 20, 2013
Are Canadian Energy Stocks Set for a Rebound? / Commodities / Oil Companies
By: OilPrice_Com
As Canadian energy stocks are finally seeing a bit of a push, and demand for Canadian commodities looks set to rise, juniors are confident that economics will ensure that Canadian oil—the cheapest in the world—will find its way to more markets, with or without Washington’s approval of Keystone XL. In the meantime, some sweet spots in the Western Canada Sedimentary Basin, like the Montney shale formation—are showing promise as gas turns into oil for the bigger players, while the juniors are hoping to piggyback on this new success.
Tuesday, November 19, 2013
Will Crude Oil Stocks Pause in Their Rally? / Commodities / Oil Companies
By: Nadia_Simmons
In our previous essay, we examined one of the most interesting relationships in the crude oil market – the one between oil stocks and other stocks, to find out if there's something else on the horizon that could drive oil stocks higher or lower in the near future. Back then, we wrote that there were periods of time when the S&P 500 Index was stronger than the oil stock index and that such divergences had triggered declines in both indices before.
Since that essay was published, we’ve seen similar price action. In the previous week, the S&P500 index broke above the previous high and hit a fresh all-time high. Meanwhile, although the XOI moved higher, the move ended slightly below the 2013 high.
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Tuesday, November 19, 2013
Is It True? Fed Official Apologizes for “Greatest Backdoor Wall Street Bailout of All Time” / Commodities / Gold and Silver 2013
By: InvestmentContrarian
Sasha Cekerevac writes: One of the most amazing things occurred the other day: a former Federal Reserve official apologized for being part of the quantitative easing program!
Andrew Huszar was an integral member of the Federal Reserve team put in place to launch the most aggressive, unprecedented quantitative easing program in the history of America.
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Tuesday, November 19, 2013
Jim Rogers on QE, Currency Wars, Gold and Inflation / Commodities / Gold and Silver 2013
By: Submissions
BGG writes: In this revealing interview with Birch Gold Group, Jim Rogers, legendary investor and author, explains just how badly Quantitative Easing and ongoing currency wars are damaging the U.S. economy, and why it’s so important for any person to protect their savings with physical gold and silver.
Tuesday, November 19, 2013
Understanding High-Grade Lump Graphite / Commodities / Graphene
By: The_Gold_Report
Four graphite ore samples are placed on a conference room table. Straight from the earth, which one can be used to write on a piece of paper? Answer: the lump graphite sample. In this interview with The Gold Report, Paul Ogilvie, CEO of the newly formed Saint Jean Carbon, explains the distinctive advantages of lump graphite from a mining and marketing perspective and describes his plan to create a profitable company from an uncommon form of high-grade graphite deposit. Read how the company is educating investors on this highest-grade form of graphite while restarting world-class mines using modern technology and an experienced business team.
Tuesday, November 19, 2013
Gold, Silver Prices and Mining Stocks Sector Have Not Bottomed Yet / Commodities / Gold and Silver Stocks 2013
By: Bob_Kirtley
As a bull on both gold and silver I do expect that this sector will shine once again, hopefully in the not too distant future. However we are still of the opinion that this gold bull market remains in a bear phase for now. The timing of market directional changes is critical to the success of any investment. We all know that it is impossible to pick the very top or the very bottom of the market and so enter and exit the market with absolute perfection. That just does not happen, but it is incumbent on us to try and get as close as possible to these turning points in order to maximise our profits.Read full article... Read full article...
Tuesday, November 19, 2013
Gold, Silver Prices and Mining Stocks About To Sell Off Again / Commodities / Gold and Silver 2013
By: Chris_Vermeulen
A couple weeks ago I posted these same charts talking about the pending breakout (in either direction) with silver, gold and mining stocks. Fast forwarding to this week its clear this sector continues its struggle to rally. Key support levels are now being tested and if these levels fail prepare for a sharp correction with mining stocks showing the most downside potential of roughly 25% for the GDX ETF trading fund.
Tuesday, November 19, 2013
Could Bad Data Be Depressing the Gold Price? Eric Sprott Says GFMS Stats Are Flawed / Commodities / Gold and Silver 2013
By: The_Gold_Report
Demand for gold bars, coins and jewelry increased to multiyear highs in the first half of 2013, but was offset by outflows from exchange-traded funds, according to the World Gold Council, which produces a quarterly Gold Demand Trends Report and recently released the first-ever Direct Economic Impact of Gold Report. Sprott Securities founder Eric Sprott questioned those statistics in a call-out on his website. He figures that the demand for gold is actually 3,000 tons more than the annual supply, and therefore the gold price will soon be much higher. What is the true demand for gold? How much is really available in any given year? Does supply and demand really determine the price of gold anymore? The Gold Report called Sprott and John Gravelle, global and Canadian mining leader for PwC, which produced the report for the World Gold Council, to find out.
Monday, November 18, 2013
Why is Crude Oil Overpriced? / Commodities / Crude Oil
By: Andrew_McKillop
POLITICAL RISK VERSUS ENERGY ECONOMICS
Expressed in terms of price for 1 barrel equivalent of oil energy at present market prices, world coal costs about $14.50 per barrel FOB (before transport costs), US domestic natural gas costs about $20.50 per barrel, while European and Asian natural gas is priced at more than $65 per barrel, but will surely and certainly decline in the next 3 – 4 years.
Monday, November 18, 2013
Bearish Bets on Gold Hiked Aggressively But Prices Move Sideways / Commodities / Gold and Silver 2013
By: Adrian_Ash
LONDON prices for gold reflected subdued dealing Monday morning, slipping 0.9% to $1279 by lunchtime as silver and other commodities also dropped but major government bond price edged higher.
European shares drifted lower as well, but the MSCI World index was pulled up to 6-year highs by a sharp rise in Chinese equities.