Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, November 05, 2013
What Can We Infer From the Crude Oil Price to Oil Stocks Ratio? / Commodities / Crude Oil
By: Nadia_Simmons
The first days of the new month have been hard for oil bulls. After the breakdown below the lower border of the declining trend channel the buyers didn’t manage to stop oil bears. The bears showed their claws on Thursday and pushed the price below the October low. This event resulted in a heavy decline, which took light crude below $95. On top of that, yesterday we saw further deterioration and crude oil dropped to a new monthly low of $94.06.
Tuesday, November 05, 2013
Gold Price Cycle Low / Commodities / Gold and Silver 2013
By: Ed_Carlson
In my September Commentaries I explained my expectation for no final low in gold prior 10/28/13. Based on “intervals of equidistance” (similar to cycles) I was confident that late October would see a turning point in gold and simply extrapolated the fact that because previous convergences of the two intervals (40 and 60-day) had always pointed to lows, 10/28/13 would see a low as well. It didn’t… but it did mark a turning point in gold.
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Tuesday, November 05, 2013
Gold Price at a Crossroads / Commodities / Gold and Silver 2013
By: Toby_Connor
At the moment gold is at a critical crossroads. If it can move above $1375 it will confirm that an intermediate degree bottom occurred last month at $1251, and start a pattern of higher highs. If however gold continues lower and breaks below the $1251 level it will confirm that an intermediate degree decline is still in progress and the recent bounce was nothing more than another bull trap to work off the short-term oversold levels.
Tuesday, November 05, 2013
Gold Price Lacks Direction as Private Investors Buy, Whilst Indian Consumers Switch to Silver / Commodities / Gold and Silver 2013
By: Adrian_Ash
LONDON wholesale gold was unchanged Tuesday lunchtime from yesterday or from last week's finish at $1317 per ounce, as European shares again defied a drop in Asian stock markets to tick higher.
Major government bond prices edged back, and commodities rallied from multi-month lows.
Tuesday, November 05, 2013
This Forgotten Metal Could Double in Price / Commodities / Metals & Mining
By: Money_Morning
Peter Krauth writes: We looked at aluminum last time, where the profit potential remains unusually high. But now it's time to look at the other "forgotten" metal.
This one, as you'll see, is already the most-used metal in the world.
And shares of its best producer could double...
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Tuesday, November 05, 2013
Why Silver Prices Could Easily Double from Here / Commodities / Gold and Silver 2013
By: Profit_Confidential
Michael Lombardi writes: In the first 10 months of this year, the U.S. Mint sold 39.2 million ounces of silver in coins. In the same period last year, the Mint only sold 28.94 million ounces of silver in coins. A general negativity by investors surrounding silver this year has not stopped people from buying silver coins. In fact, demand is up 35% so far in 2013. (Source: U.S. Mint web site, last accessed November 1, 2013.)
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Tuesday, November 05, 2013
Gold vs. Wall Street Program Traders / Commodities / Gold and Silver 2013
By: Clif_Droke
Gold ran into trouble last week after an encounter with its important 150-day (30-week) moving average. The 150-day MA, which is an important psychological resistance barrier that is programmed into many Wall Street trading algorithms, was touched by gold a few days ago and was unable to overcome it. I've long maintained that the 150-day moving average is a psychologically significant benchmark for the gold ETF, both as a line of support and resistance. GLD's performance in recent days has confirmed this observation.
Monday, November 04, 2013
"Token Demand" for New Hindu Year Leaves Gold Waiting on US Data / Commodities / Gold and Silver 2013
By: Adrian_Ash
WHOLESALE trade in London left the price of gold sitting at last week's finish of $1317 per ounce Monday morning, as European shares rose with government bond prices but commodities slipped.
Silver also held flat, trading near $21.90 per ounce – more than 5% below last Wednesday's 5-week high.
The Euro ticked higher from a 6-week low to the Dollar.
Monday, November 04, 2013
US Dollar and Crude Oil…The Inflation / Deflation Battle Rages On / Commodities / US Dollar
By: Rambus_Chartology
There were some interesting developments this week that I would like to focus on in the Weekend Report. The most important thing to happen was the rebound in the US dollar that was very impressive. Is the bottom in or is this just a short covering rally that will peter out when it's finished? Oil continues to fall at a rapid rate which could be signaling another deflationary event maybe on the horizon. There are still a lot of crosscurrents out there but if we can get a good read on the US dollar and Oil that should help us understand what is likely to take place over the intermediate term.
Sunday, November 03, 2013
Disappearing Deliverable Comex Gold Bullion / Commodities / Gold and Silver 2013
By: Jesse
There was a change in status of 48,652 ounces of gold bullion in the JPM warehouse which were withdrawn from the registered to the eligible category. Apparently someone had a change of heart.
Big change of heart. About one and half tonnes worth.
The claims per ounce of deliverable gold stand at 55. As I have explained before, this is a metric, a way of measuring inventory against potential ownership.
Sunday, November 03, 2013
How to Profit From Low Crude Oil Prices / Commodities / Oil Companies
By: Investment_U
Sean Brodrick writes: This Halloween season, the scariest story for energy investors is how the price of crude oil keeps sliding. But don’t worry – there are ways to profit when oil prices go down.
But first, why are oil prices slumping anyway?
Saturday, November 02, 2013
Gold And Silver Price – Fundamentals Do Not Matter / Commodities / Gold and Silver 2013
By: Michael_Noonan
If fundamentals mattered, gold and silver prices would be substantially higher. They
are not, and for a reason. It is not hard to define what factors are influencing price, for
they are political, even criminal under normal circumstances. These factors are, in two
words: central bankers. The money changers still have a stranglehold on the financial
system, and nowhere it is more evident than in the price of gold.
Will it end? Yes, but as has been the biggest mystery, no one knows when?! While the golden grip continues, it is inexorably loosening. The United States, and by extension, the United Kingdom, is fast becoming more and more isolated. First, it was the natural opposition, Russia, China, morphing into the BRICS. Unable to sustain their no longer warranted arrogance, the Western alliances are now falling apart. Note the cover from Die Zeit, symbolic of the growing attitude of the rest of the world toward the US:
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Friday, November 01, 2013
Global Gold Mining Trends / Commodities / Gold and Silver 2013
By: Zeal_LLC
In 2012 more gold was extracted from the Earth than ever before in history. And even with 2013’s anomalous gold panic devastating the mining industry, production is expected to rise for the fifth year in a row. The latest exploration cycle is no doubt bearing its fruit. And it’s fascinating to see the geographical trends of this harvest.
Gold’s 2000s bull market has prompted the miners to scour the world over in search the Ancient Metal of Kings. And over the course of this bull, they’ve indeed reached far and wide to find their glory. Now rather than only a small handful of countries responsible for the lion’s share of production, mine supply is truly a global affair.
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Friday, November 01, 2013
Gold and Silver Futures Beyond the Madness / Commodities / Gold and Silver 2013
By: Dr_Jeff_Lewis
World silver spot prices are determined by a once sacred, but now inept, process. While the evolution of futures contract for the modern age helped facilitate the industrial revolution, it has now been completely usurped and abused. This is especially the case in gold and silver, even to the point where confidence in this market threatens to turn the world financial system upside down. Read full article... Read full article...
Friday, November 01, 2013
Gold Markets Are Not Efficient, Don't Reflect Fundamentals and Understate Gold's Market Value / Commodities / Gold and Silver 2013
By: Julian_DW_Phillips
In this part and the next we will look at the prospects for the gold price for the rest of this year and beyond. These next parts are the critical parts. What we will try to do is to synthesize the factors playing on the gold market today and have done in 2013.
Friday, November 01, 2013
Why Buy Fracking Stocks and Sell Gold Holdings / Commodities / Fracking
By: The_Energy_Report
Chen Lin, author of What is Chen Buying? What Is Chen Selling?, goes wherever he sees returns. In the summer, he bought mining stocks when the yellow metal hit $1,200 per ounce. Now, he's trading in his gold names and moving into the fracking space after a three-year hiatus. In this interview with The Energy Report, Lin names the companies he's buying to play a likely energy sector bottom and tells investors to actively manage their portfolios in the coming stock-picker's market.
Thursday, October 31, 2013
Gold Price Medium-Term Outlook / Commodities / Gold and Silver 2013
By: P_Radomski_CFA
In our previous essay we took a closer look at the situation in silver and mining stocks (precisely: SLV and GDX ETFs) and discussed how it may translate into the precious metals market. As we wrote in the summary:
(...) when we factor in the impact of (...) silver's cyclical turning point, which is just around the corner, and the fact that the short-term resistance lines have already been reached in case of the GDX ETF, we can presume that the top of the recent upward move in the precious metals may be already in (or is very close to being in).
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Thursday, October 31, 2013
The Outlook for Gold Minder Mergers and Acquisitions / Commodities / Gold and Silver Stocks 2013
By: Jordan_Roy_Byrne
It's no secret that mergers and acquisitions (M&A) activity in the mining sector is in the dumps. According to PWC, deal volume in the first half of 2013 declined 31% as compared to the same period last year. Deal value declined 74%. Excluding Glencore's $54 billion acquisition of Xstrata in 2012, deal value is still down 21%. A recent Bloomberg article noted that the volume of acquisitions valued at less than $1 billion is at an eight-year low while the volume of deals in Q3 was the lowest since Q4 of 2004. However, some deals are taking place and in order for speculators and investors to capitalize, they will need to keep a discerning eye, just like potential suitors.
Thursday, October 31, 2013
Gold Stocks Tricks and Treats / Commodities / Gold and Silver Stocks 2013
By: The_Gold_Report
No matter how elaborate an investor's Halloween costume is, the gold space isn't handing out much in the way of treats this year. While Encompass Fund Managers Malcolm Gissen and Marshall Berol don't agree on the timeline for gold's recovery, they have faith that it will come. In the meantime, their focus is on companies that are in production, generate cash flow and have top-notch management teams. They also dig into their treat bag for names in the energy sector and other metals in this interview with The Gold Report.
The Gold Report: It's almost Halloween and we remain in the clutches of a tricky market for junior resource equities. What are your perspectives on how long it's going to take before investors see another treat-filled year like 2010?
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Wednesday, October 30, 2013
What NOT to Do When Investing in Gold Miners / Commodities / Gold and Silver Stocks 2013
By: Casey_Research
By Eric Angeli, Investment Executive, Sprott Global Resource Investments
Precious metals miners are the most volatile stocks on earth. They're so volatile that investors often forget that underneath those whipsawing stock prices lie real businesses. But even many of those who consider themselves old pros in natural-resource investing tend to get one thing wrong. Eric Angeli, an investment executive with Sprott Global Resources and protégé of legendary resource broker Rick Rule, explains how not to fall into the "top-down" trap…
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