Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, December 08, 2017
Will Technology Spur Gold Demand? / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
This week, the WGC released a market update entitled “Technology – a brighter outlook?”. What are the main conclusions of the report?
On Tuesday, the World Gold Council published its latest report about the technology sector’s demand for the yellow metal. The main point is that we see a rebound in gold’s use in electronics. As it is commonly known, gold’s physical properties (such as high electrical conductivity) make it an excellent metal for wide use in electronics. But due to high prices and the advancing substitution in the electronics sector, the volume of gold used in technology has decreased in recent years.
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Thursday, December 07, 2017
Precious Metals Breaking Down! 3 Amigos to Abort? 4 Horsemen to Ride? / Commodities / Gold and Silver 2017
By: Gary_Tanashian
I am not trying to be a wise guy with the first half of the title (it’s a goof on alarmist media), but if you were not bear biased or outright bearish on the gold sector’s daily and weekly technicals, and its macro and sector fundamentals by now all you have left are the alarmist headlines now telling us about H&S breakdowns, HUI/Gold ratio bearishness and whatever else is going on out there in media large and small to scare the lowly gold bug.
Thursday, December 07, 2017
The One Oil Market Indicator OPEC Must Watch / Commodities / Crude Oil
By: OilPrice_Com
“We will not let go of our current approach until we reach a balanced market,” Saudi oil minister Khalid al-Falih said Monday at a news conference in Riyadh.
OPEC ended months of speculation last week when it decided to extend its production cuts through the end of 2018, easing concerns that the limits would be lifted before the oil market was ready. But while it put some uncertainty to rest, the next question is what OPEC does when the oil market becomes “balanced”? What is the exit strategy?
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Thursday, December 07, 2017
Crude Oil, Oil Stocks and Invalidation of Breakouts / Commodities / Crude Oil
By: Nadia_Simmons
On Tuesday, crude oil wavered between small gains and losses, but finally closed another day under the upper border of the short-term rising trend channel. Will this show of oil bulls’ weakness trigger further deterioration in the coming days? Will the relationship between black gold and oil stocks give us more clues about future moves?
Wednesday, December 06, 2017
Gold and Bond Yields / Commodities / Gold and Silver 2017
By: Donald_W_Dony
As the U.S. economy continues to expand, the response by the FOMC is to slowly raise interest rates in attempt to extend the business cycle as long as possible.
This action of ratcheting-up short-term rates is positive for bond yields.
After steadily declining since 2008, the U.S. 10-year Treasury Bond yields have found a floor in 2012 and 2016 at 1.50 percent.
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Wednesday, December 06, 2017
More Strange And Disturbing Action In The Paper Gold Market / Commodities / Gold and Silver 2017
By: John_Rubino
For at least the past decade the behavior of the people who trade gold futures contracts – and thereby determine the metal’s price – has been generally predictable: The “commercials” – big banks and companies that buy gold to do things with it – have suckered the speculators – mostly hedge funds who chase trends – into going very long and very short at exactly the wrong time.
Which means the price action in gold six or so months in the future was broadly predictable. When the speculators were way long, it was going down and vice versa.
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Wednesday, December 06, 2017
When Will Quiet Precious Metals Markets Get the Catalyst They Need / Commodities / Gold and Silver 2017
By: MoneyMetals
Fear and greed drive the precious metals markets, but there hasn’t been much of either pushing gold and silver prices lately. Investors have grown tired of worrying about geopolitical events, ever increasing federal debt ceilings and ever inflating equity bubbles.
Meanwhile, greedy trend traders continue piling in to hot markets.
With the exception of palladium, metals prices have been stagnant for most of the year. For the time being, gold and silver are looking pretty boring relative to the hefty gains in stock prices and the explosive rise in Bitcoin.
Wednesday, December 06, 2017
Crude Oil and Negative Divergences / Commodities / Crude Oil
By: Nadia_Simmons
On Friday, crude oil increased and approached the November peak, but did this increase change anything in the broader perspective? Is it possible that the non-USD chart of crude oil give us more clues about black gold future moves?
Tuesday, December 05, 2017
Are We Ready For A Gold And Silver Rally? / Commodities / Gold and Silver 2017
By: Avi_Gilburt
Many of you who follow my analysis have learned quite well how I look at the market. And, those of you who have read me in the past know that I do not view fundamentals as being relevant to determining when we can see a major turn in the metals market.
In fact, in 2011, the fundamentals for the metals market were exceptionally strong, with most everyone believing in the certainty of gold exceeding the $2,000 mark, just before we began a multi-year pullback.
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Tuesday, December 05, 2017
How High Will Gold Go? / Commodities / Gold and Silver 2017
By: Harry_Dent
No. I’m not flip-flopping!As I told subscribers to our Boom & Bust monthly newsletter in November, I stand by my forecast that gold must still lose about 65% of its current value before we hit the bottom of this latest commodity cycle, around 2020 or 2023. And when the markets unravel, as they must, gold will tumble, just like it did in 2008. It’s NOT a safe haven in a deflationary environment, like it is in an inflationary one!
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Tuesday, December 05, 2017
Gold and Silver Price Bottom Soon / Commodities / Gold and Silver 2017
By: The_Gold_Report
Gold and silver are on track to hit a yearly low this December, as they have for the past five years, says Bob Moriarty of 321 Gold, who explains his reasoning and why he welcomes these moves.
Silver and gold have hit a new a low for the year during December in each of the last five years. They are on track for repeating their journey this year if we are to believe sentiment matters. And I do.
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Tuesday, December 05, 2017
The True Meaning of Bitcoin's 'Success' / Commodities / Bitcoin
By: The_Gold_Report
Precious metals expert Michael Ballanger discusses Bitcoin, currency devaluation, and gold and silver. In the year 301 AD, the Roman unit of barter was the denarius, which had originally been 95% pure silver when introduced by Augustus at the end of the first century BC but by the time of Diocletian's rule, it had moved to 50,000 denarii to a pound of gold. Ten year later, it took 120,000 denarii to buy a pound of gold and by 337, that figure was 20,000,000. What had occurred in a mere 400 years was that a slow and agonizing erosion in the purchasing power of the Roman currency accelerated to full fiat disintegration and that complete and total disregard for the denarius was attributed as one of the underlying causes of the Fall of the Roman Empire. Nothing was more evident in the underlying rot permeating Roman society, economics and national security than the refusal by the Barbarian armies to accept anything but gold as payment for their leaving the Roman legions alone. Rejection of the currency of the Roman Empire was complete and irreversible.
Tuesday, December 05, 2017
Gerald Celente: Middle East Wild Cards Could Bring Down Markets, Drive Up Gold / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and it's always great to have him on with us.
Gerald, thanks for taking the time and welcome back.
Gerald Celente: Thanks for having me on.
Mike Gleason: Well, Gerald, to start off here, we still have the equities markets ripping and roaring and there is seemingly no news that can derail the train. So, as we head into the end of the year, what does your forecast show for the crowd on Wall Street? Is the party going to end anytime soon?
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Tuesday, December 05, 2017
Geopolitical Risk Isn’t Driving Rising Oil Prices / Commodities / Crude Oil
By: John_Mauldin
By GEORGE FRIEDMAN AND XANDER SNYDER : At the end of October, Brent crude prices crossed $60 per barrel for the first time in two years. They peaked at around $64.
Experts explained the spike with vague references to “geopolitical risk,” without really detailing what those risks entailed. Such explanations are not wrong, but they are careless.
A proper geopolitical risk assessment goes beyond vague wording. It contains a deep understanding of relevant economic, political, and military factors.
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Monday, December 04, 2017
Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries / Commodities / Gold and Silver 2017
By: GoldCore
– Increased efforts in green energy and advanced technology set to boosts silver’s demand
– Four-year supply deficit set to increase due to fewer mine openings and discoveries
– Bank manipulation may be why silver under performing
– TD Securities and the Bank of Montreal expect silver to be best performing precious metal in 2018
– Growing industrial demand combined with monetary safe haven makes silver an excellent diversifier
Monday, December 04, 2017
Bitcoin Achieved What The Gold Market Never Could & Never Will? / Commodities / Gold and Silver 2017
By: Sol_Palha
There is no absurdity so palpable but that it may be firmly planted in the human head if you only begin to inculcate it before the age of five, by constantly repeating it with an air of great solemnity. Arthur Schopenhauer
Gold bottomed in 2002, and it took nine years for its trade to a high of roughly $1900 (September 2011). Contrast that to Bitcoin, in less than 1/3rd of the amount of time it is showing gains of more than 11,000%. It took nine years for Gold to show gains of roughly 700% and Gold has given up a substantial portion of those gains.
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Monday, December 04, 2017
Gold Intermediate Cycle Update / Commodities / Gold and Silver 2017
By: SurfCity
Please also see my weekend post on the USD. I will be adding a few more updates over the next few hours.
This weekend, I would like to step back and take a longer term perspective on where Gold is likely headed in 2018. My first chart is a 20+ year weekly showing that Gold is at a major inflection point in my long term uptrend channel. It shows a massive 20+ year Bull Flag that is either going to continue its breakout above the 2011 down trend or this will be a false breakout and my uptrend channel will fail.
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Sunday, December 03, 2017
War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat Part2 / Commodities / Gold and Silver 2017
By: Stewart_Dougherty
Dictatorship (noun): Definition #3: absolute power or authority (Websters);
Def. #2: absolute, imperious or overbearing power or control (Random House);
Def. #3: Absolute or despotic control or power (American Heritage);
Def. #3: Absolute or supreme power or authority (Collins English Dictionary);
Def. #1: A type of government where absolute sovereignty is allotted
to an individual or small clique (Wikipedia).
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained, you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” Sun Tzu, The Art of War
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Saturday, December 02, 2017
How Will Gold End 2017? / Commodities / Gold and Silver 2017
By: Arkadiusz_Sieron
The 2017 is almost gone. The last eleven months were not perhaps a spectacular time for gold, but it managed to rise more than 12 percent year-to-date, as one can see in the chart below.
Chart 1: Gold prices year-to-date (London P.M. Fix).
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Saturday, December 02, 2017
Gold Junior Stocks Q3’17 Fundamentals / Commodities / Gold & Silver Stocks 2017
By: Zeal_LLC
The junior gold miners’ stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness. The entire precious-metals sector has been left for dead, eclipsed by the dazzling Trumphoria stock-market rally. But traders need to keep their eyes on the fundamental ball so herd sentiment doesn’t mislead them. The juniors recently reported Q3 earnings, and enjoyed strong results.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends. Canadian companies have similar requirements. In other countries with half-year reporting, many companies still partially report quarterly.
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