Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, August 21, 2017

Gold’s Sudden, Newfound Relative Strength / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

Three weeks ago we discussed how Gold needed to perform considering the US$ index was likely to bounce due to an oversold condition and extreme bearish sentiment.

We wrote: “Simply put, Gold will have to prove itself in real terms if it is going to hold its ground or breakout as the US$ begins a likely bounce.”

Sunday, August 20, 2017

Gold is a coiled spring… the breakout is here, fundamentals are in place, technicals are compelling / Commodities / Gold and Silver 2017

By: MoneyMetals

Mike Gleason:It is my privilege now to welcome in Greg Weldon, CEO and President of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and even authored a book in 2006 titled Gold Trading Boot Camp, where he accurately predicted the implosion of the U.S. credit market and urged people to buy gold when it was only $550 an ounce. He's a highly sought-after presenter at financial conferences and is a regular guest on financial shows throughout the world.

Sunday, August 20, 2017

A Midsummer Night's Dream: Buy Gold and Silver / Commodities / Gold and Silver 2017

By: The_Gold_Report

Precious metals expert Michael Ballanger discusses the seasonality of gold and silver, and the metals' relationship with Bitcoin. Each year since 1987, I have always used the final two weeks of the month of August as a shopping period in a manner not unlike the “Back-to-School” kind only the wares I seek are junior precious metals stocks as opposed to school uniforms, pens, and books. It began after I had been speaking with one of the finest brokers I had ever had the opportunity to know, Edmonton’s late George Milton, whose claim to fame was being the early financier for Bre-X (Not to worry, he and the bulk of his clients were long gone by the time the fraud was revealed). George would tell clients around mid-May to raise cash because after June 1, he would be AWOL. Because there were no cell phones, internet, text messaging or Twitter, that meant that George would be out-of-contact until mid-August and, true to form, on August 15^th, he would arrive at the office, open his Rolodex, and begin to call clients. By the time mid-August arrived, the first shares he would buy were the ones he sold in mid-May and amazingly, 90% of those names had fallen 50% (or more) due to the illiquidity and disinterest so typical of the June-July period in the Canadian junior mining markets. He would spend the next two weeks accumulating his list and then watch as the mid-September reversal of fortune arrived with heightened liquidity and interest and prices paid for his late summer shopping spree would advance.

Sunday, August 20, 2017

Gold Mining Stocks 2017 Fundamentals / Commodities / Gold and Silver Stocks 2017

By: Zeal_LLC

The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally.  This vexing consolidation has left a wasteland of popular bearishness.  But once a quarter earnings season arrives, bright fundamental sunlight dispelling the obscuring sentiment fogs.  The major gold miners’ just-reported Q2’17 results prove this sector remains strong fundamentally, and super-undervalued.

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, some companies still partially report quarterly.

Sunday, August 20, 2017

Will the Electric Car Revolution Sink Platinum and Palladium? / Commodities / Platinum

By: Arkadiusz_Sieron

Everyone has probably heard about the upcoming electric car revolution whose vanguard is Tesla Motors led by Elon Musk. The electric car is actually nothing new – the first vehicles were produced as long ago as in the 1880s. However, the mass production of cheaper gasoline vehicles triggered by Henry Ford put electric cars into limbo for decades. But this can change quickly thanks to the rapidly falling costs.

Saturday, August 19, 2017

EIA Weekly Report and Crude Oil / Commodities / Crude Oil

By: Nadia_Simmons

Although the EIA weekly report showed a larger-than-expected decline in crude oil inventories, the price of the commodity declined sharply after news that U.S. crude oil production increased. Thanks to these circumstances, light crude lost 1.62% and closed the day under important support. What does it mean for the black gold?

Yesterday, the Energy Information Administration reported that crude oil inventories dropped by over 8.9 million barrels in the week ended Aug 11, easily beating expectations of a draw of around 3 million barrels. Despite these bullish numbers (and the fact that it was the seventh straight week of declines in crude oil inventories), the report also showed that gasoline inventories rose by 22,000 barrels and distillate stockpiles rose by 702,000 barrels, missing analysts’ forecasts of a draw. On top of that, the EIA also showed that crude oil production increased to 9.502 million barrels per day, which renewed worries over the supply glut and pushed the price of light crude below $47 and important support. What does it mean for the black gold?

Saturday, August 19, 2017

Gold Direction Indicator / Commodities / Gold and Silver 2017

By: Peter_Degraaf

The last time our ‘ Gold Direction Indicator’ was as positive as today, gold rose from $1220 to $1280.  The date was July 12th and we wrote an article titled:  “The Gold Direction Indicator Just Turned Positive”.  Less than three weeks later price had advanced by $60.  Well here we are, and the GDI just turned up from 52% to 79% (fully bullish).   Following are some charts that support a Rising Precious Metals Scenario.

Saturday, August 19, 2017

Historical Inevitability and Gold and Silver Ownership / Commodities / Gold and Silver 2017

By: Michael_J_Kosares

The Wall Street Journal’s editorial writer, Daniel Henninger, registers some very important observations in the wake of the troubling events in Charlottesville. Charlottesville, he attempts to point out, is symptomatic of something much deeper ingrained in the American psyche. “Some may say,” writes Henninger, “the Charlottesville riot was the lunatic fringe of the right and left, with no particular relevance to what falls in between. But I think Charlottesville may be a prototype of a politics that is drifting away from traditional norms of behavior and purpose.”  Aptly, the editorial is titled, “The Politics of Pointlessness.”

Saturday, August 19, 2017

You Are Being Lied To About “Low” Gold Demand / Commodities / Gold and Silver 2017

By: GoldSilver

Jeff Clark : I don’t like to use inflammatory language, such as the title of this article, but the message from the mainstream media about gold demand is a lie misleading.

Yes, coin purchases in North America are down compared to last year (a record-setting year, by the way). It’s been soft at a few other Mints as well, such as Perth.

But Eagle and Kangaroo purchases aren’t the whole market. You and I don’t buy paper gold products, for example, but throw in demand from this part of the industry and a very different picture emerges from the dour headlines you see from gold haters mainstream sources.

Saturday, August 19, 2017

This is Why Cocoa's Crash Was a Perfect Setup / Commodities / Cocoa

By: EWI

Perfect from an Elliott wave perspective, that is. The other day, I went paddle-boarding for the first time and was struck by a familiar feeling; one that comes from, of all things, speculating in the markets.

See, when your board is in line with the current and the wind is at your back, the board moves effortlessly, gliding along the top of the water with no strain at all. This is the equivalent of trading with a market's trend.

Saturday, August 19, 2017

Gold, Silver Consolidate On Last Weeks Gains, Palladium Surges 36% YTD To 16 Year High / Commodities / Gold and Silver 2017

By: GoldCore

– Gold and silver rise as stocks fall sharply after Barcelona attack
– Gold, silver 0.6% higher in week after last weeks 2%, 5% rise
– Palladium +36% ytd, breaks out & reaches 16 year high (chart)
– Gold to silver ratio falls to mid 75s after silver gains last week
– Perfect storm of financial and geopolitical tensions is driving safe haven demand and should see higher prices
– Weekly close over $1,300 could see gold quickly test $1,400
– Palladium at 16 year highs today; gold, silver in coming months?

Friday, August 18, 2017

Marc Faber: In the Age of Cyber-Terrorism, Every Investor Must Own Gold / Commodities / Gold and Silver 2017

By: HAA

Shannara Johnson writes: Take it from “Dr. Doom”: own some physical gold and keep it out of the banking system.

Dr. Marc Faber, a legendary investor and the editor/publisher of the Gloom, Boom & Doom Report, is well known for his contrarian investing style.

Tuesday, August 15, 2017

Gold Set To Rise While Debt-Based Assets Collapse / Commodities / Gold and Silver 2017

By: Hubert_Moolman

In a previous article, I have shown how economic conditions, today, appear very similar to that of the early 80s (circa 1983). These similar conditions show up on the long-term gold and Dow charts, as shown in that article.

Now, if those similarities continue, then the Dow will continue much higher from this point on, while gold will go into a long-term bear market. However, I have also pointed out that there are just too many fundamental obstacles, that would make such a scenario almost impossible.

Tuesday, August 15, 2017

Gold and Silver Precious Metals Nearing Breakout / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

The outlook for precious metals has changed quite a bit over the last month. In early July, Gold and gold stocks were weak and threatening severe breakdowns below key levels such as $1200 Gold and $21 GDX. Those moves reversed course and now Gold and gold stocks are threatening resistance. The prognosis has turned bullish and with the help of a correcting stock market precious metals could build on their recent rebound.

Monday, August 14, 2017

Gold Price Is Facing 1300 Resistance Again / Commodities / Gold and Silver 2017

By: Franco_Shao

After a minor consolidation, XAUUSD moved above 1274.08 resistance and extended its upside movement from 1204.77 to as high as 1292.05, facing the important psychological level at 1300 once again.

Saturday, August 12, 2017

Gold Stocks Coiled Spring / Commodities / Gold and Silver Stocks 2017

By: Zeal_LLC

The gold miners’ stocks have largely ground sideways this year, really lagging gold’s strong rally.  That lack of upside has decimated sentiment, leaving a bearish wasteland bereft of hope.  But this deeply-out-of-favor sector is actually a coiled spring, ready to surge dramatically as psychology shifts.  Sentiment, technicals, and fundamentals all point to much-higher gold-stock prices even at today’s prevailing gold levels.

The main appeal of gold-mining stocks is their underlying profits’ leverage to gold.  The gold stocks are much riskier than gold, due to many operational, geological, and geopolitical risks the metal itself doesn’t share.  So investors and speculators alike must be compensated for these big added risks with superior returns to gold.  That hasn’t happened so far in 2017, which is why gold stocks are so widely despised today.

Saturday, August 12, 2017

Will the Death of Diesel Cars Ruin Platinum? / Commodities / Platinum

By: Arkadiusz_Sieron

The gloomy future of the diesel vehicles is commonly known. However, what does it really mean? And how could the demise of diesel technology impact the precious metals market?

The 1970s oil crisis and accelerating inflation made diesel-powered cars popular, especially in Europe where gasoline prices were always higher than in the U.S. The new technology was considered as more efficient and less polluting, as diesel cars produce less carbon dioxide than gasoline cars (thanks to better mileage). Hence, policy makers started to support diesel and the market share of diesel cars went from 14 percent in 1990 to 50 percent in 2016, as the chart below shows.

Friday, August 11, 2017

Gold to Silver Ratio: Turning Lower / Commodities / Gold and Silver 2017

By: ElliottWave-Forecast

Gold to Silver ratio looks to have ended cycle from 7/4/2016 low (64.38) and should turn lower at least in 3 waves to correct cycle from 7/4/2016 low. The video below explains what the expected turn lower in the ratio means to Gold and Silver:

Friday, August 11, 2017

Silver Boom Time? / Commodities / Gold and Silver 2017

By: Hubert_Moolman

Previously, I have shown how conditions in the financial markets are very similar to that of the early 80s (circa 1983). Basically, the Dow was at a start of a long-term rally around 1983, and silver just broke down and entered a long-term bear market.

However, as I have predicted in that article, we would likely see a divergence, despite the similar conditions. Normally, when such a divergence occurs, then one gets a massive move in an opposite direction to the pattern or period compared to.

Friday, August 11, 2017

Crude Oil Price Precious Metals Link in August / Commodities / Crude Oil

By: Nadia_Simmons

In the previous month crude oil gained almost 9% as declines in crude oil, gasoline and distillates inventories continued to support the price of the commodity. In that environment light crude climbed above the psychologically important barrier of $50 and closed July above it. Despite this bullish development, the price of the black gold slipped below it at the beginning of August. Is this just a bigger pullback or the first sign of a longer correction? Is it possible that the oil-to-gold and oil-to-silver ratios give us more clues about crude oil future moves?