Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, August 20, 2014
The Gold War - Thinker, Trader, Holder, Why? / Commodities / Gold and Silver 2014
By: John_Mauldin
By: Grant Williams
Sometimes, just sometimes, you need to stop for a second, take a step back, and reconsider the simplest pieces of any puzzle.
David John Moore Cornwall was a real-life spy. A spook. An agent. He worked for Britain’s MI5 and, later, MI6 intelligence services.
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Tuesday, August 19, 2014
The US Gold in Fort Knox is Secure, Gone, or Irrelevant? / Commodities / Gold and Silver 2014
By: DeviantInvestor
In 1950 the US owned about 20,000 metric tons of gold - approximately 640,000,000 troy ounces. By August 15, 1971 when President Nixon "temporarily" closed the "gold window" that hoard had decreased to about 8,100 tons (Fort Knox, the NY Fed, and other locations). The US government had been overspending, exporting dollars oversees, and other governments had "cashed in" those dollars for gold. At that rate of decrease, the US gold hoard would have been entirely dissipated by now. Perhaps it is gone!
Monday, August 18, 2014
Why Chinese Citizens Invest In Gold / Commodities / Gold and Silver 2014
By: I_M_Vronsky
The US$ price of gold has soared +377% from 2001 to date. That’s a compound annual growth rate (CAGR) equal to 13.4%. Contrast gold’s monumental appreciation with the pathetic performance of the Shanghai Stock Exchange Index and the miserly return of US Treasuries.
Monday, August 18, 2014
Palladium Reaches 13-Year High Over $900 oz as Gold Trading Volumes Surge 66% / Commodities / Palladium
By: GoldCore
Today’s AM fix was USD 1,302.75, EUR 972.93and GBP 778.51 per ounce.
Friday’s AM fix was was USD 1,313.60, EUR 981.69 and GBP 786.78 per ounce.
Today’s LBMA silver price was USD 19.59 per ounce.
Friday’s LBMA silver price was USD 19.86 per ounce.
Monday, August 18, 2014
Crude Oil Price Decline – To What Price? / Commodities / Crude Oil
By: Andrew_McKillop
Triple Digit Prices are Not Forever
In what is only superficially amazing at a time when Islamic insurgency, including Boko Haram in Nigeria and ISIS in Iraq may be threatening the state, civil society and the oil sector in major exporter countries, oil prices are declining quite rapidly. The “magic three digit” price level for oil - $100 a barrel come rain or shine – has been seriously eroded for US WTI and may soon also be attacked for Brent. The major reason for this decline is sharper than expected and forecast decline in leading economic indicators for many large importer countries, including Japan and the EU28. Monthly oil import demand outturns for China and India are variable, but have suffered major contractions relative to previaling rates before 2010.
Monday, August 18, 2014
New Silver Price Fix Procedure / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
I shall come to this important event later in this market report; but first, our customary look at this week’s trading. From Monday through Wednesday the gold price found firm support at the $1305 level before gaining a few bucks to $1313 by close of play last night.
Monday, August 18, 2014
The TLT:GLD Gold Ratio Chart / Commodities / Gold and Silver 2014
By: Rambus_Chartology
Below is a combo chart that shows the TLT:GLD ratio chart on top and the GLD on the bottom. This chart shows you when the ratio is falling GLD is rising and when the ratio is rising GLD is falling. Notice back in 2008 the ratio was at its high and GLD was at its low.
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Sunday, August 17, 2014
Why King Coal is Bigger than Oil or Gas / Commodities / Coal
By: Money_Morning
Lost in the debate about exporting U.S. oil and natural gas is any mention of America’s greatest energy export.
Coal.
And while legislators, corporations, environmentalists and others argue over pipelines, refineries, tariffs and trade agreements in the oil and natural gas industries, the U.S. sends tons of coal to eager customers all over the globe. Coal usage is at a 45-year peak, and Europe and Asia will take every ounce we can export…
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Sunday, August 17, 2014
Autocalls Syndrome In The Silver Market / Commodities / Gold and Silver 2014
By: Submissions
François Lenôtre writes: Autocallable products, or “autocalls” are structured notes popular primarily in Asia but also, to a lesser extent, in Europe. They offer the buyer an enhanced coupon linked to the behavior of an underlying market. With rates currently so low, vast amounts of autocalls linked to equity and commodity markets have been sold to investors, enabling them to receive 10 to 15 % annual yields (sometimes more) with the risk of seeing their capital wiped out in case of a collapse of the underlying reference market.
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Friday, August 15, 2014
Gold Stocks Major New Upleg / Commodities / Gold and Silver Stocks 2014
By: Zeal_LLC
The gold stocks are almost certainly in the early stages of a major new upleg. Given the widespread apathy and antipathy still plaguing this beaten-down sector, that’s hard for most traders to swallow. But the gold stocks’ performance this year has already been outstanding. And heading into gold’s strong season, their gains should only accelerate. Gold stocks’ overdue mean reversion higher is well underway.
Friday, August 15, 2014
HUI, Gold and Silver; Fun With Monthly Charts / Commodities / Gold and Silver 2014
By: Gary_Tanashian
Outside of the sound practice that is physical gold ownership in a time of monetary gamesmanship, the precious metals sector is all about speculation, at least according to 9 out of 10 chart jockeys and momentum junkies micro managing every short-term twist and turn.
Friday, August 15, 2014
New 'LBMA Silver Price' - Still Not Transparent / Commodities / Gold and Silver 2014
By: GoldCore
Today’s LBMA silver price was USD 19.86 per ounce. Yesterday’s LBMA silver fix was USD 19.86 per ounce.
Gold and silver remained in lockdown today and yesterday - gold rose a tiny $1.40 yesterday to $1,313.00/oz and silver a marginal 8 cents to $19.92/oz.
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Friday, August 15, 2014
Gold and Silver Price Consolidation Before Fateful September / Commodities / Gold and Silver Stocks 2014
By: Jordan_Roy_Byrne
Why could September be fateful for the precious metals complex? First, consider its history within the current secular bull market. The years 2005, 2007, 2009 and 2010 have seen very important breakouts in either or both Gold and gold stocks in the month of September. Conversely, September marked important peaks in 2008 as well as in each of the past three years! Currently, Gold and more so the gold miners are consolidating their recent gains just below very important resistance. This consolidation figures to end before the end of September which means September will produce another important inflection point.
Friday, August 15, 2014
America's First Oil Sands Producer and Other Natural Resources Surprises / Commodities / Energy Resources
By: The_Energy_Report
The natural resources space has been difficult in recent years. Potash prices collapsed, uranium spot prices hit a nine-year low, the gas market was in glut. Only oil has stayed strong. But Peter Epstein of MockingJay Inc. has found some gems in the resource rubble, and foresees better times ahead. In this interview, Epstein tells The Energy Report who stands to capture the graphite market, how to catch the next wave in potash, and offers his thoughts on when investors might catch a break in the uranium market.
The Energy Report: Why are you excited about the oil and gas space right now?
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Thursday, August 14, 2014
The Greatest Investment Theme of This Decade / Commodities / Crude Oil
By: DailyWealth
Matt Badiali writes: It's not too late to grab a stake in the U.S. oil boom...
Yesterday, I shared my experience at the U.S. EIA 2014 Energy Conference last month in Washington D.C. In short, some of the smartest people in the industry, like Daniel Yergin, are projecting U.S. oil production could nearly double from today's levels within the next 20 years.
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Thursday, August 14, 2014
Crude Oil Up and Down. Who Will Take Control? / Commodities / Crude Oil
By: Nadia_Simmons
Trading position (short-term; our opinion): In our opinion no positions are justified from the risk/reward perspective.
On Tuesday, crude oil lost 0.68% as the bearish report from the International Energy Agency and waning concerns over Iraq supply disruptions weighed on the price. As a result, light crude re-tested the strength of the support zone and approached the recent lows. Will we see a breakthrough in the next few days?
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Thursday, August 14, 2014
Gold and Silver Miners that Can Make Money Now / Commodities / Gold and Silver Stocks 2014
By: The_Gold_Report
As much as we'd all like significantly higher silver and gold prices, Chris Thompson of Raymond James doesn't expect them. The good news, he argues, is that the relative stability now characterizing the market permits investors to make informed decisions about which companies can build value and demonstrate cash flows at today's prices. In this interview with The Gold Report, Thompson lists a handful of gold and silver miners prepared to do just that.
Wednesday, August 13, 2014
When Gold Miners Have Already Rallied – Will Metals Follow? / Commodities / Gold and Silver Stocks 2014
By: P_Radomski_CFA
Briefly: In our opinion no speculative positions in gold, silver and mining stocks are now justified from the risk/reward perspective.
When one looks at gold and silver prices and their moves yesterday, it might seem that nothing happened in the precious metals market. That’s far from the truth because the real action took place in mining stocks. Several weeks ago, it was miners’ strength that heralded the rally in the whole sector. Will we see one also this time? Let’s start with mining stocks (charts courtesy of http://stockcharts.com).
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Wednesday, August 13, 2014
Oil Market QE Premium Is Coming out of Price / Commodities / Crude Oil
By: EconMatters
The Fed Giveth & Taketh with Policy
The Fed may pat themselves on the back for creating the ‘wealth effect’ in stocks, and hope like heck that some of this wealth trickled down and through the rest of the economy, but it is quite evident what the Fed giveth on one hand they taketh away on the other hand in terms of higher oil and commodities prices like gasoline prices.
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Wednesday, August 13, 2014
No Silver Money For Mexico, But Perhaps Gold For Eurasia / Commodities / Gold and Silver 2014
By: Jesse
The amount of gold ounces stopped so far in August reached 478,800 the other day. That is a sizable chunk of gold at the Comex warehouse. But fortunately as you can see from the warehouse report, gold only enters, and rarely leaves. Don't look at all that other precious metal flowing to Asia, probably never to return in our lifetimes. Read full article... Read full article...