Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Thursday, September 12, 2013
Gold and Silver Stocks Ten Week Counter Trend Rally ..Up Close and Personal / Commodities / Gold and Silver Stocks 2013
By: Rambus_Chartology
Tonight I would like to show you some charts of what this nearly 10 week counter trend rally looks like compared to this downtrend that has been in place since the highs made one year ago. I want to start with a one year two month chart for the HUI that starts with the right shoulder top, for the massive H&S topping pattern, Big S. This chart may look a little busy but if you start at the top left side corner, Big S, you will see the downtrend channel that has been in place for one year now and shows all the consolidation patterns that have formed during this time. Looking at the top left side of the chart the first chart pattern you see is the black bearish falling wedge which at the time I thought would be a bullish falling wedge. Note the two day hard break below the bottom black rail of the bearish falling wedge. That was my cue that the black 5 point falling wedge was a reversal pattern to the downside. The red arrow and the purple vertical dashed line shows you where we took our first position in DUST, which is a 3 X short the precious metals stocks index, on December 3rd, 2012. As you can see we bought the backtest to the underside of the black falling wedge reversal pattern. We slowly kept building our short position as the downtrend unfolded.
Thursday, September 12, 2013
Gold Price in India: Stronger Rupee Pushed Gold Lower / Commodities / Gold and Silver 2013
By: Nadia_Simmons
Yesterday, the Indian rupee rose to a two-week high as expectations for a narrower trade deficit and receding concerns about Syria helped the currency continue its recent recovery from record lows hit last month. Today, the Indian currency extended gains and added as much as 1.52%. It's worth noting that the rupee posted a fifth consecutive session of gains after former International Monetary Fund Chief Economist Raghuram Rajan took the helm of the central bank last Wednesday and quickly unveiled a spate of measures to support the currency and open up markets.
Wednesday, September 11, 2013
Silver, Butter and TANSTAAFL / Commodities / Gold and Silver 2013
By: DeviantInvestor
TANSTAAFL is the acronym for “There ain’t no such thing as a free lunch.” The saying has been used for years, even prior to Robert Heinlein’s use of it in “The Moon Is A Harsh Mistress.” It is another way of saying there is always a price that must be paid.
Wednesday, September 11, 2013
Gold Bullion Continues to Slowly Bleed Out of COMEX / Commodities / Gold and Silver 2013
By: Jesse
"Though justice often moves slowly, it seldom fails to overtake the unjust." - Horace, Odes
There were no deposits into the COMEX warehouses yesterday. Apparently GLD was not able to squeeze out any bars for the banks.
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Wednesday, September 11, 2013
Gold and Silver Bounce from 3-Week Lows as Syria "Averted" / Commodities / Gold and Silver 2013
By: Adrian_Ash
WHOLESALE bullion prices bounced on Wednesday from new 3-week lows as the US cancelled a Congressional vote on Syria, and traders pointed to next week's expected "tapering" of quantitative easing by the Federal Reserve.
Oil prices and other commodities also stemmed this week's drop. World stock markets rose sharply.
Wednesday, September 11, 2013
Is Platinum the New Gold? / Commodities / Gold and Silver 2013
By: The_Gold_Report
The Goldrums of June are giving way to a new dawn for platinum group metals, says David Franklin, a market strategist at Sprott Asset Management. While white metal miners face a variety of challenges, there is an increasing demand for platinum and palladium from vehicle manufacturers in the U.S. and China. And supplies of the hard-to-find metal are vanishing day by day. Now is the time to buy into existing stockpiles of the precious metal, Franklin tells The Metals Report.
The Metals Report: David, can you give us your recap on gold's recent performance?
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Wednesday, September 11, 2013
Uranium Price Headed for $50 in 2014, Taking Stocks Higher / Commodities / Uranium
By: The_Energy_Report
The stubborn spot price of uranium has frustrated market watchers for the past year. But that's not the whole story. As most long-term contracts have been made at higher prices, astute investors have been slowly moving into the stocks of uranium producers and explorers in anticipation of the delayed commodity price move expected in 2014. In this interview with The Energy Report, Cantor Fitzgerald Canada Metals and Mining Analyst Rob Chang explains what lies ahead and how the turnaround in the uranium market will benefit the companies he thinks investors should focus on for maximum profits.
Wednesday, September 11, 2013
Could This Be the Next Bakken Resources Discovery? / Commodities / Resources Investing
By: Marin_Katusa
Everyone is looking to make the "Big Score" in the resource sector—that one special discovery that is not just elephant- but brontosaurus-size: big enough to put you into the annals of resource exploration and make fortunes for your investors.
Everyone knows that investing in the junior resource sector can be dangerous. In fact, there are few investments where the odds are so high that they will fail and you will lose your money.
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Wednesday, September 11, 2013
Energy Factor To Push Gold Price To New Highs / Commodities / Gold and Silver 2013
By: Steve_St_Angelo
One of the most misunderstood factors that will impact the price of gold is energy. Many analysts forecast the future value of gold relative to the amount of fiat money circulating in the system as well as total government treasury and bond debt. However, the world may not have the available energy supply in the future to satisfy these massive debts.
Gold and silver are monetary metals because they function as a store of "Economic Energy", a term coined my Mike Maloney. Basically, the precious metals are batteries that store this trade-able energy value.
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Tuesday, September 10, 2013
Gold - September Usually the Best Month of the Year / Commodities / Gold and Silver 2013
By: Frank_Holmes
I often talk about how the gold trade is really two separate trades. There’s the Fear Trade that buys gold out of fear of war or poor government policies. This crowd sees the precious metal as a safe haven during times of crisis, such as when gold rose over the fear of a war in Syria, but eased when a much more limited military action became likely.Read full article... Read full article...
Tuesday, September 10, 2013
Gold Drops as Assad Accepts Russian Plan, Analysts Start Pricing Fed's Cut to QE / Commodities / Gold and Silver 2013
By: Adrian_Ash
BENCHMARK London prices for physical gold fell to $1363 lunchtime Tuesday, down 2.3% from Monday's high as the Assad regime in Syria accepted a Russian-backed plan to give its chemical weapons to international control.
The Rupee meantime rose to a 2-session high after new Indian trade data showed gold imports falling and exports rising in August.
Monday, September 09, 2013
Crude Oil’s Relationship with Oil Stocks and Gold / Commodities / Gold and Silver 2013
By: Nadia_Simmons
In our previous Oil Update we examined major factors, which previously fueled the price of light crude. Before we move on to the technical part of our Oil Update, let’s take a closer look at the events of the previous week.
At the beginning of the last week President Barack Obama won the backing of key figures in the U.S. Congress, including Republicans, in his call for limited strikes on Syria. Additionally, a missile test by Israeli forces training in the Mediterranean with the U.S. Navy set nerves on edge. These circumstances fueled the oil market and resulted in a sharp pullback to over $108 per barrel. In spite of this growth, in the following days, the price of light crude was trading in the narrow range between the Tuesday’s low and top.
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Monday, September 09, 2013
Gold "Dull & Thin" as Spec's Cut Shorts But Analysts Expect Post-Fed Losses / Commodities / Gold and Silver 2013
By: Adrian_Ash
The PRICE of GOLD edged $10 per ounce lower Monday morning in what dealers called "dull, thin" trade following Friday's sharp jump on US jobs data.
A surge in Asian share prices – attributed to Tokyo winning the 2020 Olympics bid, plus official news of 7% annual growth in China's exports and imports in August – failed to lift European stock markets.
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Monday, September 09, 2013
The High-Tech "Gold Rush" Officially Begins / Commodities / Gold and Silver Stocks 2013
By: Money_Morning
Michael A. Robinson writes: If you've blinked in the last 14 days, you might have missed this...
ARM Holdings PLC (Nasdaq ADR: ARMH) - one of the world's dominant mobile-device chip companies - bought a small Finnish software startup called Sensinode Oy in a deal whose price wasn't reported.
And most folks shrugged it off as just another of the thousands of below-the-radar deals that companies do every year.
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Sunday, September 08, 2013
Is Gold Price Manipulation About to Begin Again? / Commodities / Gold and Silver 2013
By: Toby_Connor
The answer to the question above unfortunately is maybe. There are definitely warning signs springing up.
The first sign of trouble popped up last week when the miners generated a key reversal on huge volume, and on a day when gold was actually positive. Something about that day smells very fishy to me. It looks like big-money traders had advance notice that a false breakout to new highs was going to be manufactured to give insiders an exit after a two-month 40% rally. The high volume follow through the following day confirms that something is not right.
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Sunday, September 08, 2013
Can Silver Hold $23 ? $26 Should / Commodities / Gold and Silver 2013
By: Michael_Noonan
The silver situation continues to grow more positively, based on developing market activity. Almost everyone has an opinion, but they are all subservient to whatever the market dictates with its most current and most reliable information. It is then a matter of reading the message. Sometimes it is very clear, sometimes not.
The resistance for silver at $26 is uppermost on the mind of everyone with any degree of awareness for this market. A lesser market message, but one still quite clear was the lesser resistance from a demonstrated failed swing high retest back in April.
Sunday, September 08, 2013
Gold and Silver Holding the Line On a Breakout / Commodities / Gold and Silver 2013
By: Jesse
Today was filled with cross currents, as the Non-Farm Payrolls report came in light, and looked even worse if you peered into the details of it.
The unemployment rate is less meaningful now because of the large number of people who have been long term unemployed and are falling off the unemployment benefits rolls. Labor Participation Rate and average workweek are therefore a bit more important. And things are not looking good because the jobs that are being created tend to be low wage and often part time.
Saturday, September 07, 2013
Gold And Silver - It Is Always About One Thing: Timing / Commodities / Gold and Silver 2013
By: Michael_Noonan
Is the current rally from the lows the result of:
A. Long lines to buy silver and gold coins world-wide
B. Unprecedented demand for those same coins, year over year
C. Drawdowns of physical gold/silver on COMEX
D. Central bank PM vaults about empty
Saturday, September 07, 2013
Cashing In Your Gold Insurance / Commodities / Gold and Silver 2013
By: Adrian_Ash
One nation's recovery is another's credit crisis. Time to sell gold...
COTTON is it, for the second anniversary? Today marked two years since gold hit its all-time peak so far.
Tuesday 6th Sept 2011 was wet and windy, both in London and gold. Late Asian trade had seen the wholesale gold price rise 1.4%, reaching $1921 per ounce. Prices then turned lower, and by the time New York opened the air was hissing out of gold futures.
Friday, September 06, 2013
Indian Gold Price Soars, Neear Collapse of Another Fiat Currency / Commodities / Gold and Silver 2013
By: Zeal_LLC
Gold denominated in Indian rupees just skyrocketed up near record highs, a far cry from recent dollar-gold action. Much of this extraordinary rally was fueled by the near-collapse of the Indian currency to new record lows against the US dollar. India’s deepening currency crisis has major implications for domestic gold demand and thus global gold prices. Nothing ignites gold buying like a collapsing currency!
Indians’ deep cultural affinity for gold is legendary. For decades it was the world’s biggest consumer of gold, although China is overtaking it now. According to the World Gold Council, in the first half of 2013 India still accounted for a staggering 28% of global consumer gold demand! The 566.5 metric tons of the yellow metal Indians bought in the last two quarters greatly dwarf Americans’ 83.4t purchased.
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