Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, November 09, 2015
The Big Silver ETF - Silver and Physical Inventory Part 2 / Commodities / Gold and Silver 2015
By: Dr_Jeff_Lewis
In a follow up to last week's excerpt from out recent Q&A with Ted Bulter, questions were asked warehouse movement in other commodities and about the big ETF...
Are you seeing the frantic movement of metal in other commodities markets?
Do you believe the ETF’s are actually backed by physical metal?
Saturday, November 07, 2015
Gold and Silver Precious Metals Sector Due for Bounce, but… / Commodities / Gold and Silver 2015
By: Jordan_Roy_Byrne
The precious metals sector has declined sharply in recent weeks with no pause or intermittent breaks in the decline. Including today, Gold is down eight consecutive days and 16 of the past 18 days. The gold miners (GDX) have lost roughly 20% in the past seven days. The sector is extremely oversold in the short term and a reflex rally culd begin in the next few days. While Gold and gold bugs should get temporary relief, the larger picture remains quite bearish.
Saturday, November 07, 2015
Shorts Savage Gold After Fed / Commodities / Gold and Silver 2015
By: Zeal_LLC
Gold has enjoyed a strong new uptrend in recent months following last summer’s extreme gold-futures shorting attack. But speculators returned with a vengeance this past week, aggressively dumping gold futures again following a hawkish surprise by the Fed. The resulting gold plunge shattered its support, and thrust sentiment back into hyper-bearish territory. But gold-futures shorting soon reverses to big buying.
In recent years the gold-futures trading by American speculators has utterly dominated the gold price. With investors still missing in action thanks to the Fed’s astounding stock-market levitation, speculators’ reign is unchallenged. Gold is not only at the mercy of their mercurial sentiment, the leveraged nature of futures speculation grants their collective trades an outsized impact on gold’s price. They rule the roost today.
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Saturday, November 07, 2015
Gold And Silver - Deception, Not Fundamentals Rule Precious Metals / Commodities / Gold and Silver 2015
By: Michael_Noonan
There are two things we know for certain about gold and silver: 1. Fundamentals do not apply [currently], and 2. There are no signs to indicate an end to this half-decade old bear market.
There have been many calls for a turnaround in gold and silver since 2013. In fact, the calls were not just for a turnaround, but also calls for $10,000+ gold, and $400+ silver, starting in 2014. It became apparent to us in the first half of 2014 that it would end with a whimper, just as 2013 did, and as 2014 continued, it seemed equally as likely that 2015 may not fare much better, and it not only did not, but it got worse with lower prices and the prospects for still lower prices to come. This puts the first part of 2016 in question.
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Friday, November 06, 2015
Does Bond Market Drive the Gold Price? / Commodities / Gold and Silver 2015
By: Arkadiusz_Sieron
Many gold market analysts focus on irrelevant, but catchy factors, such as mining production or jewelry demand. Others think gold is a simple inflation or stock market hedge. It is a bit strange that the relationship between the bond and gold markets is not commonly examined, given that bond market is much bigger than stock market, while real interest rates are one of the main drivers of the price of gold. The negative relationship between gold and interest rates imply positive correlations with bond prices, since the price of bonds is negatively related to the yields they offer.
Friday, November 06, 2015
Oil Megaprojects Won't Stay On The Shelf For Long / Commodities / Crude Oil
By: OilPrice_Com
One casualty of the oil price downturn could be the megaproject.For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. Extracting oil from these frontier areas required more advanced technology and a lot more capital: Ultra deepwater, Arctic offshore, heavy oil sands, and increasingly, the Lower Tertiary.
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Friday, November 06, 2015
Silver Prices and Options Expiration / Commodities / Gold and Silver 2015
By: Dr_Jeff_Lewis
Notes on what we covered…
- Review of the where we are in the series
- What are options?
- Life options versus financial options
- Options and derivatives
- Who writes the majority of options?
- Options Leverage
- OTC options
- Incentive for expiring out of the money and their influence on price.
- The set up for silver price volatility around options expiration
- Commercial shorts versus managed money traders.
- Being prepared for options expiration, and what you can do.
Thursday, November 05, 2015
Crude Oil Price More Weakness In Sight / Commodities / Crude Oil
By: Gregor_Horvat
Crude oil has turned up in September when price broke out of a triangle placed in wave (b) so wave (c) was final with wave 4 pullback that reached 50.50 resistance from where sell-off occurred in October. As such, we suspect that WTI made a new swing now that will send price down into wave 5 back to 37.70. Broken corrective channel also suggests more weakness ahead,but after wave (ii) is complete.
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Thursday, November 05, 2015
The Discipline of Silver / Commodities / Gold and Silver 2015
By: DeviantInvestor
Consider these round number costs in digital (dishonest) dollars:
1,000 ounce Silver Bar $17,000
or Hillary Clinton speech $300,000
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Thursday, November 05, 2015
Gold Showing Signs of Final Degree Bloodbath Phase / Commodities / Gold and Silver 2015
By: Gary_Savage
While everyone is getting more and more bearish gold is showing all the signs of being in a final intermediate degree bloodbath phase. Notice the similar 5-7 day capitulation to the last 4 ICL's. Notice the extreme oversold oscillators indicative of a major intermediate degree bottom approaching.
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Thursday, November 05, 2015
Day Follows Night : Gold Follows US Bonds / Commodities / Gold and Silver 2015
By: Dan_Norcini
For the same reason as the Euro was sharply lower today, so was gold, namely, a hawkish Yellen testimony in which see used the words, "living possibility" when referring to a potential December rate hike.
With interest rates moving higher on the Ten Year Treasury once more today, ( at 2.23% as I type this), gold simply cannot compete with better returns on interest bearing assets such as notes and bonds as it casts off no yield whatsoever and depends completely on capital gains to produce any sort of increase for its owners.
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Wednesday, November 04, 2015
Don’t Trust Gold Here / Commodities / Gold and Silver 2015
By: Bob_Loukas
Just when the short-term prospects for Gold were looking good, precious metals reversed lower this past week. It could be that Gold was surprised by last week’s FOMC minutes, which signaled a potential December rate hike. When the minutes were released, Gold dropped immediately, and it’s been straight downhill for the metals since.
Wednesday, November 04, 2015
Gold Price Cycle Low Friday Morning With U.S. Employment Report / Commodities / Gold and Silver 2015
By: Gary_Savage
The most likely timing band for the daily cycle to bottom is on the employment report Friday morning. There should be a short term tradable rally even if its's only for 4-8 days as gold should try to break the cycle down trend line. Stay patient for a few more days. Wait for gold to form a swing low before trying to buy.
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Wednesday, November 04, 2015
Marc Faber “Great Optimist” Says “I Added To My Gold Position” / Commodities / Gold and Silver 2015
By: GoldCore
Marc Faber, Swiss economist, forecaster, renowned investor and the original Dr. Doom, may need a new nickname.
In an interview on CNBC’s “Trading Nation,” the Gloom, Boom & Doom Report editor revealed he may not be as bearish as some may think and that he is actually a “great optimist.”
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Tuesday, November 03, 2015
Hedging HAL With Gold / Commodities / Gold and Silver 2015
By: Michael_J_Kosares
In the month of October, there were thirteen two hour blocks during which gold traded in a range greater than $10 – not an alarming price range to be sure, but collectively, these high activity moments represent the most volatile trading periods for the gold price all month – by far. What’s more interesting is that a whopping ten of the thirteen occurred well within the first hour of trading on the COMEX (6AM MST), frequently on little to no news of any consequence, at a time when most normal people are barely making their way to the coffee machine. By contrast, only three occurred later in the trading day – the first corresponded with the release of the Fed Minutes (Oct 8), the second with an important numbers miss, and the third the release of the Fed policy statement (Oct 28) – in other words, during times when price volatility was justified, reasonable, and expected. Welcome to the world of algorithmic trading – the new normal for all financial markets.
Tuesday, November 03, 2015
The Circle of Gold / Commodities / Gold and Silver 2015
By: DeviantInvestor
A – 1913: Gold was money in the United States. Double eagles ($20.00), Eagles ($10.00), and Half-Eagles ($5.00) circulated freely. Silver dollars and smaller coins were common and used for commerce. And then the bankers created “The Federal Reserve.”
Tuesday, November 03, 2015
Gold Price Getting Very Deep / Commodities / Gold and Silver 2015
By: Gary_Savage
Gold is getting very deep in its daily cycle. One requirement to confirm a daily cycle low is a break do the cycle downtrend line.
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Monday, November 02, 2015
Will The Fed Hike In December & What Does This Mean For Gold Prices? / Commodities / Gold and Silver 2015
By: Bob_Kirtley
The October statement from the Fed made one thing very clear; December is a live meeting and Fed is ready to hike rates if it sees fit. Yellen was more hawkish than the market was expecting, sending gold prices lower and bond yields higher. The critical focal point from here will be if the Fed’s hawkish stance will be validated by the upcoming economic data, most importantly the two employment releases we get between now and the December FOMC.
Monday, November 02, 2015
Gold Selling “Malevolent Force”? – Dennis Gartman / Commodities / Gold and Silver 2015
By: GoldCore
Dennis Gartman, author of the institutionally well followed ‘The Gartman Letter,’ has asked questions about gold’s peculiar price action last week and raised the question as to whether there was official central bank manipulation of gold prices.
Gold was 2.4% higher in October but fell 2% last week as the Fed again suggested they may soon increase interest rates. Gartman’s assertion is significant as he is no so-called ‘goldbug’. In fact, he is the darling of Wall Street, Bloomberg, CNBC and is highly respected and followed by large hedge funds and financial institutions.
Monday, November 02, 2015
Gold Price Testing Triangle Trend Line / Commodities / Gold and Silver 2015
By: Gary_Savage
We've known all along that gold was going to test the triangle trend line during this daily correction. Yet now that it's happening everyone seems surprised.
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