Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, March 15, 2016

HUI Gold Miners: A Correction in The Wind / Commodities / Gold and Silver Stocks 2016

By: Bob_Kirtley

The Gold Miners have started the year with a cracking rally pretty much as they started last year. They have finally broken out of their downward trend which has been in place for around 4 years. As we write the HUI currently stands at 169.44 which is well off its recent lows, but is some 73% below its previous high of 630.

The HUI now looks to be rolling over, although it is too early to say that this rally is over for now, it is beginning to look that way. A recent golden cross, whereby the 50dma crosses over the 200dma in an upward motion should be good for the HUI, but often this is not the case and a reversal follows.

Tuesday, March 15, 2016

Coffee Price Downtrend Set To End / Commodities / Coffee

By: Austin_Galt

The coffee price has risen from its lows and this could well be the start of the expected big rally which has been laid out previously. Let's review the daily chart and monthly charts.

Tuesday, March 15, 2016

Crude Oil Price Technical Juncture / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.

On Friday, crude oil gained 1.24% as rig count declined to the lowest level ever. Thanks to this news, light crude hit a fresh March high, but will we see further rally in the coming week?

Monday, March 14, 2016

Near-Term Gold Forecast: The Thrill of Victory and the Agony of Indecision. . . / Commodities / Gold and Silver Stocks 2016

By: The_Gold_Report

Man-oh-man, the heat I am taking over my recent "Caution" stance on the near-term outlook for gold and silver is now verging on the theatre of the absurd, says precious metals expert Michael Ballanger.

Sunday, March 13, 2016

Gold and Silver COT Update - Get 30,000 Coffins Ready... / Commodities / Gold and Silver 2016

By: Clive_Maund

PM Sector longs have had a laugh at our expense over the past couple of weeks as gold has continued to edge higher after we called it down, but it is looking more and more like they will end up like those 4 fools in the classic Clint Eastwood Spaghetti Western, A Fistful of Dollars. Clint rides into a tiny flyblown town and the 4 fools shoot around his mule's feet. After advising the undertaker to Get 3 coffins ready, having made a slight underestimation, Clint returns and challenges the 4 fools by saying "When you apologize to my mule like I know you're going to". Needless to say they do not respond in the required manner to this demand and so Clint quickly dispatches them to the great satisfaction of the undertaker.

Sunday, March 13, 2016

Gold and Silver - Central Banks As Financial Cosmeticians / Commodities / Gold and Silver 2016

By: Jesse

Today was just one of those days where the 'invisible hand' tries to instill some confidence in the wise and benevolent judgement of the money masters, after a central bank, in this case the ECB, does something very visible and 'lays an egg' in doing it.

So after all this today, are you feeling more confident in The Recovery™?

Saturday, March 12, 2016

The Gold Correction Is Here / Commodities / Gold and Silver 2016

By: DW

Ben Morris writes: The price of gold is up 21% since the middle of December... from $1,051 an ounce to $1,270.

Saturday, March 12, 2016

Gold And Silver – Precious Metals Amid A World Of Lies And Deception / Commodities / Gold and Silver 2016

By: Michael_Noonan

Political and financial turmoil reign around the world, by design. It is the classic example of the elites at work working their never-fail formula of Problem-Reaction-Solution. They create havoc of some kind, any kind, wherever they choose, the Problem. It is usually political upheaval fomenting unrest, and the broader the unrest the better. It often takes the form of financial turmoil, disrupting a country’s GDP, currency, whatever, as long as there is disruption. It can be war, a function no other country creates more of than the US. It can be massive immigrant migration, currently underway. Why does the name Soros come to mind?

Saturday, March 12, 2016

$67 Crude Oil Price Has All The Majors Converging Here / Commodities / Crude Oil

By: OilPrice_Com

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices.
Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. But with the crash in prices since mid-2014, the effect of the regulation has reversed: motorists are now effectively subsidizing the oil industry.

Saturday, March 12, 2016

Gold Commitments of Traders is Worrisome / Commodities / Gold and Silver 2016

By: Dan_Norcini

To sum up my view of this week’s COT report in one word…. WORRISOME.

I use that word because of what we saw happen to the safe haven trades today on account of that monster rally in the US equity markets.

Gold was under pressure for the entirety of the session today but seemed to especially weaken into the late afternoon hours as the US equity markets kept pushing higher and went out near the highs of the day. That more than likely will translate into additional downside followthrough in Asian trade Sunday evening. Where it goes after that will depend on whether or not dip buyers show up.

Saturday, March 12, 2016

Can Gold Price Climb to $1400/oz? / Commodities / Gold and Silver 2016

By: Jordan_Roy_Byrne

At the start of 2016, renowned fund manager and bond king Jeff Gundlach predicted Gold would surge to $1400/oz. That was quite the call considering Gold was still in a bear market. He reiterated his target a few days ago in a webcast. Gold closed the week below $1260/oz after reaching as high as $1287/oz following the ECB decision. Corrections in both Gold and gold stocks have been limited to swift declines lasting no more than two days. While we cannot predict the future, we think there is some chance that Gold could reach Gundlach's target before a sustained correction.

Friday, March 11, 2016

GDXJ ETF - Gold Junior Stocks Strong in Dark / Commodities / Gold and Silver Stocks 2016

By: Zeal_LLC

With gold miners’ stock prices surging dramatically this year, investors’ attention is starting to return to the gold juniors.  These smaller miners and explorers suffered terribly in recent years, all but abandoned as gold slumped to major secular lows.  But even during gold’s darkest quarter, the fundamentals of the juniors actually mining gold remained quite strong.  This portends explosive profits growth as gold recovers.

Most investors think of junior gold stocks as the Wild West of commodities stocks, with good reason.  The legendary American humorist Mark Twain allegedly described a gold mine as a hole in the ground with a liar at the top!  There are literally hundreds of gold juniors, a number that swells whenever gold grows more popular.  And the great majority of these tiny companies truly are junk, they are indeed doomed to fail.

Friday, March 11, 2016

The Day the Dollar Bait-and-Switch Died… Gold May Boom / Commodities / Gold and Silver 2016

By: Jeff_Berwick

Did you know that Thursday was one of the most critical market days in recent memory, one that should be internalized by gold bulls, currency traders and equity investors alike.

It was the day the latest central banking “bait and switch” died.

What did we learn? The dollar is done tightening in any meaningful way. And the euro is done loosening.

Friday, March 11, 2016

Gold Rises To 13 Month High as ECB ‘Bazooka’ Shoots Blanks / Commodities / Gold and Silver 2016

By: GoldCore

Gold prices climbed to a 13-month high in dollar terms overnight ($1,282.51) after the increasingly adventurous, dare one say reckless, European Central Bank unleashed its latest ‘bazooka’ and initiated more interest-rate cuts, a significant extension in currency printing and bond purchases and also a potential subsidy to banks lending.

Friday, March 11, 2016

Crumbling U.S Empire Drives Russia and China to Move into Gold / Commodities / Gold and Silver 2016

By: Sol_Palha

Central bankers have been on a massive Gold Buying Spree led by Russia and China. One must remember that not only is Putin ex-KGB, but he is also an economist and holds a black belt in judo. Judo teaches you to use your opponent's momentum to defeat him or her, and that appears to what Putin is doing. He has this administration running circles, by the time they figure out what he is up to, it is too late to do anything. Putin and China can see that the writing is on the wall that the days of U.S holding the top spot are numbered. Our economy is in shambles and only appears to look strong because of the hot money that is holding it up. Regarding illusions, it is a perfect illusion and for now, the masses have bought it, but Russia and China have not.

Friday, March 11, 2016

London Gold Price Fix Rigging - Fact or Myth? / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

The London Gold Market is a part of the London Bullion Market, which is a wholesale over-the-counter market for the trading gold and silver, coordinated by the London Bullion Market Association. It is the wholesale market - the usual minimum size of transaction is 2,000 ounces of gold (while the standard size is 5,000 ounces) - individual investors are practically excluded from the market. The London Gold Market was the most important gold market until the 1970s, when the American Commodity Exchange Inc. (Comex) started to trade gold futures and soon gained prominence. Currently, the gold market is dominated by these two centers of gold trading. The Comex dominates the market in gold futures, while the London Gold Market is by far the largest global center for over-the-counter (OTC) transactions. It is also the biggest marketplace for gold in the world by the volume of trade (the London OTC spot market is about ten times higher that of the U.S. futures market), which clears the annual mining production of gold every few days.

Friday, March 11, 2016

Blockbuster Uranium Call and Best Metal and Oil Plays / Commodities / Resources Investing

By: The_Gold_Report

The event-driven hedge fund Rosseau LP has beat its benchmark by over 50% since inception in 1998, and its founder and CIO Warren Irwin says it does so by going deep, looking at very specific events or situations that are special within industry sectors. Irwin made his name by shorting Bre-X some 20 years ago and hasn't looked back. In this interview with The Gold Report, Irwin gives us a peek into Rosseau's portfolio, discussing opportunities that he is excited about in metals, uranium and oil.

Thursday, March 10, 2016

Bonds, Debt and Gold - Keep The Money Game Churning / Commodities / Gold and Silver 2016

By: DeviantInvestor

There is money to be made so the game must be played…  It’s always “ShowTime” in the financial markets.  What is the game plan?

Levitate the bond market. See chart below.  Keep those interest rates dropping so the bond market continues its 35 year climb.  Oops – $7 Trillion in bonds with negative interest rates, at last count, with more from Japan this week.  Have we reached a limit?  Probably not, but what could go wrong lending money to insolvent governments who guarantee they will return less than they borrowed in 10 years?

Thursday, March 10, 2016

Silver Cheapest To Gold In 7 Years – ETF Holdings Surge / Commodities / Gold and Silver 2016

By: GoldCore

Silver hasn’t been so cheap relative to gold for more than seven years and with silver ETF holdings having surged in recent days, silver coin and bar demand very robust and mine supplies forecast to contract this year, there are signs that silver is set to resume its bull market and outperform gold once again.

Thursday, March 10, 2016

Kiss the Gold Bear Goodbye (But Wear a Helmet). . . / Commodities / Gold and Silver 2016

By: The_Gold_Report

Friday's morning action in gold has been at once both terrific and frothy, wonderful and scary, and redemptive and soothing, says precious metals expert Michael Ballanger.

My hedges are all getting blown to smithereens with the miniscule damage to my net worth being vastly outdone by the gargantuan damage to my ego as the power of the physical market is beating on the Commercials like rented mules and rag-dolling gold bears like common farm animals. The CNBC crowd are all taking complete ownership of the "gold trade" and everyone here in Toronto is scrambling for last-minute hotel rooms for PDAC inclusion.