Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, October 30, 2013
What NOT to Do When Investing in Gold Miners / Commodities / Gold and Silver Stocks 2013
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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Wednesday, October 30, 2013
Do Oil Stocks Have Better Upside Potential Than Crude Oil Price? / Commodities / Crude Oil
In the previous week the price of crude oil not only dropped below the psychological barrier of $100, but also reached a new four-month low of $95.95. On the other hand, the buyers managed to push light crude higher at the end of the last week. Earlier this week we saw further improvement and the price climbed to almost $99 per barrel.
Taking the above circumstances into account, you are probably wondering what impact they had on oil stocks. Before we examine the current situation with the oil stock index, let’s focus on the relationship between the WTI and the XOI in the short term.
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Wednesday, October 30, 2013
Elliott Wave Outlook For Crude Oil And Copper / Commodities / Commodities Trading
Crude oil is trading lower and based on latest decline through 100 mark and down 96.00 we suspect that larger picture on this market is changing. For now we will focus on current structure which is showing a completed wave B around 103.00 level followed by recent push lower with accelerating price action through 100 mark which we think it was wave (iii), so decline should then be made by five waves down. As such, we think that bounce from the low is just another correction within downtrend. We are talking about wave (iv) that is pointing lower for wave (v), towards 95, 94 zone.Read full article... Read full article...
Wednesday, October 30, 2013
QE + Desperation = Higher Gold Prices / Commodities / Gold and Silver 2013
The Setup
A century ago bankers created the plan for a U.S. central bank, bought enough votes to get it passed into law, encouraged deficit spending, government debt, and extracting the interest payments from taxpayers. The process has worked well for the bankers.
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Wednesday, October 30, 2013
Weak US Data See Gold and Silver Rise on "Ugly Truth" of Fed Policy / Commodities / Gold and Silver 2013
BOTH gold and silver rose Wednesday lunchtime in London, as the day's widely-expected "no change" decision from the US Federal Reserve was preceded by weak US data.
The private-sector ADP Payrolls report said the US economy added only 130,000 jobs last month, rather than the 150,000 analysts forecast.
Tuesday, October 29, 2013
Gold Hits Shanghai Discount to London on "Money Market" Fall-Out / Commodities / Gold and Silver 2013
The PRICE of London settled gold bounced to $1348 per ounce Tuesday morning, halving an earlier 0.9% drop after China's most active gold contract closed below that world benchmark for the first time in 2013.
Overnight trade was "very dull" according to one dealing desk.
Dollar gold then dropped $12 per ounce in 10 minutes, hitting a low of $1341 – some 1.5% beneath Monday's new 5-week high.
Tuesday, October 29, 2013
Gold Buying Opportunity As Good As It Gets / Commodities / Gold and Silver 2014
Many events moved the market this month. Gold demand was stable but more important, gold is getting a boost from the weaker U.S. dollar.
The U.S. dollar is now clearly bearish, and since gold and the U.S. dollar generally move in opposite directions, this is very bullish for gold. So is the fact the Fed's QE stimulus is currently expected to continue well into 2014.
Monday, October 28, 2013
Agricultural Commodities - Grow It, And They Will Eat It / Commodities / Agricultural Commodities
"Build it, and they will come" has been the motivation for many dreams. Baseball fields, restaurants, and other follies have sprouted from belief in this concept. Much of the real estate industry of times now past lived by this philosophy. That worked until they did not come, and then the bankers came for the remains.
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Monday, October 28, 2013
Gold and Silver Precious Metals Complex Caught in a Trap, Bull or Bear? / Commodities / Gold and Silver 2013
Many times, just before a big move is to occur, you will get a false breakout that can whipsaw you before you know what hit you. It gets everyone moving one way and then out of know where the price reverses direction leaving everyone shaking their heads and afraid to make a move. As you were just whipsawed your thinking is, I'm going to wait until I see a better setup. Does this sound familiar to you. The problem is the real trend is just starting and you are sitting on the sidelines waiting for a new entry point that gets higher and higher. Whipsaws are just part of the game we play and can be painful if not understood. One year ago we got a good whipsaw on the HUI when it broke back above the smaller H&S top, neckline #1, that looked like a real move to the upside when it happened. I got sucked into that one just like everyone else at the time because there was a nice double bottom that had formed that created the right side of the much bigger H&S top, neckline #2.
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Sunday, October 27, 2013
Screen-traded Fiat Gold Could Get Very Violent Wake-up Call / Commodities / Gold and Silver 2013
“This could turn into a very violent wake-up call for [screen-traded gold]. People talk about ‘fiat currencies’, but we also have ‘fiat gold.’ Volatility is too cheap right now.” — Gold refiner quoted by John Dizard in his Financial Times column this weekend
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Saturday, October 26, 2013
Gold And Silver From A Buddhist Perspective / Commodities / Gold and Silver 2013
“If you want to know your past, look into your present conditions. If you want to know your future, look into your present actions.” ~Buddhist Saying.
The cliché for that is, “you cannot know where you are going until you know where you have been.” One of the most direct applications of this wisdom of the ages is found in charts.
Left to the realities of supply/demand factors, gold and silver would be considerably higher, already. We can think of no other commodity situation with unprecedented demand and shrinking supply that has done anything else than drive price much higher. The fiat cartel will not allow reality to supplant their massive wealth-transfer Ponzi scheme, as it enters the final stages like a cancer consuming everything until inevitable death results from this banker faux-Kabuki theater.
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Saturday, October 26, 2013
Silver Price Powerful Technical Launchpad, Could Easily Hit $41 by Late 2014 / Commodities / Gold and Silver 2014
Silver has suffered a rough year, but its fortunes are changing. In recent months its price has firmed at the convergence of multiple major support zones, a powerful technical launchpad. Silver has soared in parabolic uplegs from the handful of similar past convergences, a very bullish omen. And with silver languishing so low in its trading range relative to gold, it has enormous potential to catapult far higher soon.
After plummeting a brutal 39% in the first half of 2013, silver naturally remains deeply out of favor today. Investors don’t want to touch it with a ten-foot pole, convinced silver will soon roll over to plumb ugly new depths. Investors as a herd always hit peak bearishness after exceptionally-large selloffs, extrapolating the downtrend continuing indefinitely. But when major lows are witnessed is exactly the wrong time to be bearish.
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Friday, October 25, 2013
Gold Best Week in 11 for on US Short-Covering / Commodities / Gold and Silver 2013
The PRICE of wholesale gold slipped but held near 1-month highs Friday morning in London, heading for the strongest week-on-week gain since mid-August at $1343 per ounce.
Rising 1.7% from last Friday's finish, gold prices lagged silver – up 2.3% for the week – as European stock markets held flat and Asian stock markets fell hard.
Friday, October 25, 2013
China's Gold Reserves At Least 2.5 Times Higher Than Reported, ‘De-Americanisation’ Continues / Commodities / Gold and Silver 2013
Today’s AM fix was USD 1,341.75, EUR 971.79 and GBP 827.58 per ounce. Yesterday’s AM fix was USD 1,336.25, EUR 968.79 and GBP 825.76 per ounce.
Gold climbed $12.10 or 0.91% yesterday, closing at $1,345.40/oz. Silver inched up $0.11 or 0.49% closing at $22.67. Platinum rose $15.45 or 1.1% to $1,445.75/oz, while palladium fell $0.53 or 0.1% to $743.47/oz.
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Friday, October 25, 2013
Silver in a Deflationary Crash / Commodities / Gold and Silver 2013
Silver may be the good news metal, but it's about to have a serious retest of its “bad news” capacity.
The 1970’s
It's been a long while since we've witnessed visible inflation.
Friday, October 25, 2013
Silver and Gold - Lone Options in an Exponential World / Commodities / Gold and Silver 2013
Monetary inflation, by whatever euphemism and at multiple stages in its cycle, has clear benefits to some but major disadvantages for the majority. Sadly, the impact of the final leg of the century- long monetary experiment may be far uglier than many would like to imagine.Read full article... Read full article...
Friday, October 25, 2013
12 Reasons Why Gold Price Will Rebound and Make New Highs in 2014 / Commodities / Gold and Silver 2014
Investor sentiment towards precious metals is at the lowest level in over a decade. Many analysts believe the bull market is over and are calling for sub-$1,000 gold in 2014. Even diehard gold bugs are losing faith, as the correction has been longer and more severe than most had anticipated.
So, is it time to throw in the towel? Is the bull market in precious metals really over?
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Friday, October 25, 2013
Precious Metals: Gold, Silver and Miners Are Trapped / Commodities / Gold and Silver 2013
The precious metal market has been stuck in a strong down trend since 2012. But the recent chart, volume and technical analysis is starting to show some signs that a bottom may have already taken place.
This report focused on the weekly and monthly charts which allow us to see the bigger picture of where the precious metals sector stands in terms of its trend.
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Thursday, October 24, 2013
US Dollar Valued In Gold Since 1718 / Commodities / Gold and Silver 2013
How many ounces of gold can $1000 buy?
The answer over time is instructive. Here is some knowledge about money.
It is remarkable how few economists really understand this, and what it means, what it implies.
Thursday, October 24, 2013
Technicians Turn "Gold Bulls" as SocGen's Edwards Warns of "Financial Bubbles" / Commodities / Gold and Silver 2013
The PRICE of gold gained $10 per ounce in London trade Thursday morning, gaining 2.2% for the week so far to trade at $1346 as several analysts said they were "turning bullish".
World stock markets ticked higher, while the Euro slipped from 2-year highs vs. the Dollar after weaker-than-expected PMI economic data, led by a sharp in services sector growth.