Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Sunday, September 21, 2014
Long Term Gold Price Chart with Retracements / Commodities / Gold and Silver 2014
By: Jesse
Our friend Lenny sent the patrons of the café a long term gold chart that is quite interesting We have certainly been through the ups and downs of these markets together,
It shows the strong support at 1180, and the longer term trend line that works on a logarithmic chart.
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Saturday, September 20, 2014
Gold And Silver - Current Price Is The Story / Commodities / Gold and Silver 2014
By: Michael_Noonan
Forget all the news, all the fundamentals, all the [mostly errant] price projections. There is a reason why a picture is worth more than 1,000 words, and this is one of those times where it is best to focus on pictures of the market, over various time frames, to get a better handle on what to expect moving forward. Put to rest every so-called PMs pundit or blogger that has persistently been calling for higher prices or saying the low is in.
We keep saying that the best and most reliable indicators come from the market. Time to stop listening about what others have been saying about the market and pay closer attention to what the market is saying about others. Several months ago, we expressed the thought that 2014 would likely be more like 2013 and to not expect a dramatic increase in gold and silver prices. Even that was optimistic as silver just reached recent 4 year lows.
Saturday, September 20, 2014
Russian Sanctions 'Putin' Pressure On Uranium Supply / Commodities / Uranium
By: Jeb_Handwerger
Summary
- Spot uranium price rebounding strong over the past few weeks, rallying more than $3 per lb or more than 10% in a short timespan.
- End users such as the nuclear utilities with deep pockets need safe and secure long term supplies from stabile jurisdictions.
- Recent sanctions with Russia could already be putting pressure on uranium supply. Europe and the U.S. relied on cheap uranium from Russia for decades.
- What happens when the cheap uranium runs out? Look for off take agreements, M&A and strategic equity investments in junior uranium miners.
- Sanctions on Russia and Putin could be putting pressure on the supply side of uranium.
Saturday, September 20, 2014
Cheap Gold Stocks Upleg Intact / Commodities / Gold and Silver Stocks 2014
By: Zeal_LLC
Gold stocks have plunged in September, crushed by the withering selling pressure from heavy futures shorting hammering gold. As usual, these falling prices have kindled extreme bearishness on this left-for-dead sector. But despite this rotten sentiment, gold stocks’ young upleg remains very much intact technically. This impressive resiliency is fueled by these miners’ incredibly-cheap fundamental valuations.
Gold stocks are without a doubt the most despised sector in all the stock markets. Thanks to the Fed’s brazen debt monetizations and manipulations of interest rates, the global markets are distorted beyond belief. Stock markets have soared to extreme valuations on the Fed’s implied backstopping, leading to epic complacency, greed, and hubris. That artificial levitation sucked vast capital out of alternative investments.
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Saturday, September 20, 2014
The London Gold Pool - 1961 to 1968 / Commodities / Gold and Silver 2014
By: Julian_DW_Phillips
Of course the Gold Price is manipulated, that's the point!
By the beginning of the 1960s, the U.S.$ 35 = 1 oz. Gold price was becoming more and more difficult to sustain. Gold demand was rising and U.S. Gold reserves were falling, both as a result of the ever increasing trade deficits which the U.S. continued to run with the rest of the world.
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Friday, September 19, 2014
Finding Zero / Commodities / Gold and Silver 2014
By: Dr_Jeff_Lewis
“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.”
― Nikola Tesla
The silver market is always one day from panic. The same could be said for the bond market or the dollar. In the age of electronic price discovery and massive reckless monetary Imbalance anything can happen - and it probably will.
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Friday, September 19, 2014
Another Miserable Week for Gold and Silver / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
Gold and silver drifted lower over the course of the week, with a challenge to the $1200 level for gold becoming a distinct possibility. Silver is struggling to hold $18.50. Mainstream opinion has been negative for commodities generally, with a strong dollar undermining them. Brent crude, for example, is now well under $100.
Friday, September 19, 2014
Bird's Eye View of the Gold Stocks / Commodities / Gold and Silver Stocks 2014
By: Jordan_Roy_Byrne
Since last summer, investing in the mining sector has been akin to riding a mini roller coaster. There have been two huge rallies, two sudden and sharp declines while more than a handful of individual stocks have rebounded over 200% from their lows. Nevertheless, as we noted a few weeks ago the weakness of the metals won out and are dictating the terms. Since we covered the metals in our last missive we wanted to focus soley on the miners. A look at the bear market analog chart as well as a very long-term chart of GDM illustrates the coming risks and opportunities.
Friday, September 19, 2014
Silver Price at Critical Juncture / Commodities / Gold and Silver 2014
By: Austin_Galt
Silver has just kept tanking and tanking over the last couple of months. And taking my silver longs with it. It's been painful stuff. That will teach me to trade against the trend. It's certainly a different picture to all the hooting and hollering of the bulls back in June.
Silver is now back to just above its major yearly low of US$18.17 set in 2013. I often remark how the market likes to take things to the extreme and once again we have a clear case of that here. So, we are now at a critical juncture. If price were to break to new yearly lows now then price would likely capitulate. I just do not see this happening. Let's investigate.
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Friday, September 19, 2014
Silver - Almost Time to Backup the Truck and Load up / Commodities / Gold and Silver 2014
By: Joseph_Russo
The following is a plausible forecast / prediction
Despite my known disdain for time and price predictions, I base the plausible forecast for an October 2014 generational low in the dollar-denominated value of Silver upon the cyclical duration of a prior elongated bear market that occurred from May 1968 thru November 1971.
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Thursday, September 18, 2014
Silver Price: A Collapse and a Rally / Commodities / Gold and Silver 2014
By: DeviantInvestor
Complaint From A Silver Bull
The last 3 plus years have been difficult. My faith in the silver bull market and my fear of fiat currencies has been shattered. There is no joy in "Silverville" - nothing but worry and despair!
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Thursday, September 18, 2014
Silver Buyers Keep Stacking And Demand Higher Despite Falling Prices / Commodities / Gold and Silver 2014
By: GoldCore
The silver price has remained subdued this year, falling just less than 5% year-to-date, and is now near a 14 month low. Naturally, investor psychology has been affected by the price weakness.
Quoted today in Bloomberg News, Mark O’Byrne, director of GoldCore said that “sentiment remains quite bad in the silver market.”
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Thursday, September 18, 2014
Monetary Policy Weighs on Gold and Silver / Commodities / Gold and Silver 2014
By: Bob_Kirtley
Background
Gold has an inverse relationship with the US Dollar so when the dollar declines gold rises. The dollar is affected by monetary policy as decided by the various central bankers across the planet. We recently covered the effect of the European version of QE with an article entitled; ‘Why ECB QE Is Bearish For Gold Prices’ so today we will take a quick look at the ramifications for the precious metals sector emanating from the monetary policy meeting of the Federal Reserve held today.
Thursday, September 18, 2014
Gold Price Hammered by Strong U.S. Dollar / Commodities / Gold and Silver 2014
By: Clive_Maund
The Pope just observed that the situation in the world today amounts to a Third World War - he's right and although he didn't point the finger, we know what it's all about - the maintenance and imposition of the dollar as the dominant world currency, by diplomacy or by force as deemed necessary. We will come to these geopolitical considerations later as they of course have huge implications for the dollar and thus for Precious Metals.
As you probably know we had expected gold and silver to start picking up in the last update, for various reasons, the most important of which was that they are at important support at the most bullish time of year, seasonally, for the Precious Metals, but the dollar rally accelerated even more, driving gold and silver still lower and deeper into key support which is now being severely tested. If the dollar continues higher then gold and silver could crash key support, but this doesn't look likely short-term because the dollar is now critically overbought and needs to take a breather.
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Thursday, September 18, 2014
It’s Not the Fed Taking Gold Down, but the Vote in Scotland / Commodities / Gold and Silver 2014
By: Michael_J_Kosares
Some of you might be wondering what happened to gold at the 4pm (MDT) open, particularly in light of the rather benign, steady-as-she-goes Fed announcement. This looks like it might have to do with the Scotland independence vote in the UK tomorrow. [One man's opinion] A late poll has the vote closing to 51% (No) – 49% (Yes). In other words a complete toss-up with the Yes vote gaining momentum going into tomorrow’s proceedings.
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Wednesday, September 17, 2014
Gold Report - U.S. National Debt Surges $1 Trillion In Just 12 Months / Commodities / Gold and Silver 2014
By: GoldCore
The U.S. financial position continues to deteriorate badly and in the last 12 months has increased by over $1 trillion dollars.
Nick Laird of Sharelynx has just reproduced his fascinating and timely chart showing the US debt limit, the actual US debt and the gold price all in one chart. From 2000 until around the first quarter of 2013, there was a very strong and close correlation between the growth of the US national debt and the rise in the US dollar gold price.
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Wednesday, September 17, 2014
Can Gold Price Finally Recover? / Commodities / Gold and Silver 2014
By: Clif_Droke
Gold recently fell to its lowest level in seven-and-a-half months as the dollar rose to a 14-month high. Easing tensions in Ukraine and the Middle East also acted as a drag on gold and silver prices. Investors have been asking the obvious question as to whether gold can recover from here and if a bottom of at least short-term duration is imminent?
Wednesday, September 17, 2014
The Energy Prices at Risk with Scottish Independence / Commodities / Energy Resources
By: Money_Morning
Dr. Kent Moors writes: This isn’t the first time the devolution movement has threatened to break up the United Kingdom.
Scotland and Wales were considering their independence when I was living in London and lecturing at the London School of Economics almost forty years ago.
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Tuesday, September 16, 2014
U.S. Dollar and Gold Elliott Wave Projection / Commodities / Gold and Silver 2014
By: Trader_MC
Gold is now at a key juncture and it should reveal its price action structure in the coming weeks. The first chart is my main Elliott Wave count and shows a Double Three Corrective Pattern (W)-(X)-(Y) in process from the top in 2011. You can see that Gold is currently in a corrective channel and should end soon a Wave (ii) which is also composed of a Double Three Corrective Pattern. If that scenario plays out Gold should enter a Wave (iii) that should send it to around $1550 which would be the minimum target.
Tuesday, September 16, 2014
The Collapse Of U.S. Silver Stocks As Public Debt Skyrockets / Commodities / Gold and Silver Stocks 2014
By: Steve_St_Angelo
The U.S. Empire is in real trouble. This is due to its idiotic business model of selling quality assets while acquiring massive liabilities and debts. Of course, the U.S. Government realizes this is not a sustainable way to do business, but at least for now.... we continue to have our Bread & Circuses, McDonalds & NFL Football for a bit longer.
Furthermore, Americans have no clue that the role of the U.S. Dollar as the world's reserve currency continues to disintegrate each passing day as more countries elect to by-pass the Dollar and trade in other currencies... especially the Chinese Yuan.
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