Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, March 14, 2015
Natural Gas Price Forecast / Commodities / Natural Gas
Natural gas has been absolutely pummelled for the last decade after making an all time high in 2005 at US$15.78. Price now sits around US$2.75. What a spanking!
So, does there look to be an end in sight to this devastating downtrend? Yes and no. Let's begin with the "no" which involves the big picture yearly chart.
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Saturday, March 14, 2015
Gold Price Slumps as US Dollar Soars, What's Next? / Commodities / Gold and Silver 2015
Within weeks of the start of 2015, the Gold price had soared to nudge above $1,300 prompting many gold bugs to start proclaiming that the long anticipated resumption of the gold bull market had begun after a 3.5 year bear market. However, the gold price raally proved short lived as the January peak of $1,308 was followed by a relentless grind lower to $1,150, that is even lower than where Gold began the year at $1,183.
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Friday, March 13, 2015
Gold and Currency War Chaos / Commodities / Gold and Silver 2015
This week has been all about currencies, with a weak euro grabbing the headlines. At one point yesterday morning, the euro was 3% down from last Friday's close, hitting a 12-year low against the US dollar. The yen was also weak, challenging its multi-year low point established last December. However, there are signs that gold and silver are being accumulated in the futures markets, and at GoldMoney we have seen a pick-up in demand for physical gold this week.
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Friday, March 13, 2015
Will Warren Buffett Really Let Gold Stocks Deep Value Slip By? / Commodities / Gold and Silver Stocks 2015
Right now, even the staunchest gold investors are weary of the years-long drubbing the gold price has taken since its $1,921 peak in August 2011. Whether the frustrating experience is the work of a market-rigging conspiracy, government manipulation of data to hide inflation, those blindingly loyal Keynesians who keep pounding us with messages that gold is nothing but a “shiny bitcoin,” or the gullibility of mainstream investors who tell themselves that, gee, since Warren Buffett is a billionaire, his “gold has no utility” mantra must be right, it hasn’t been fun. The nasty downcycle has offered no respite.
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Friday, March 13, 2015
How Apple’s Gold Watch Will Keep the Bull Market Ticking / Commodities / Gold and Silver 2015
An interesting message hit the news wires around the world in late February. Among many others, Mining.com announced breathlessly, “Apple buying a third of world’s gold to meet demand for iWatch.” The text continued with:
Read full article... Read full article...Technology giant Apple may soon buy up one third of the world’s gold in order to meet the demands of its highly anticipated Apple Watch, according to reports. Interest in the high-end model, featuring 18-karat gold casing, is picking up and the firm is already taking the necessary steps to have enough of them in stock.
Friday, March 13, 2015
Gold Price Up 2% In Sterling, 11% in Euro As Single Currency Plunges / Commodities / Gold and Silver 2015
- Gold has risen 11% versus the euro in 2015
- Builds on 12% gains against the euro in 2014
- Sentiment poor despite reasonable performance
- Gold performing well considering significant gains in stocks and dollar
- Dollar centric view misleading
- Currency wars intensifying
- Complacency and hubris rife
Friday, March 13, 2015
On the Silver Highway / Commodities / Gold and Silver 2015
I’ll fly a starship across the Universe divide
And when I reach the other side
I'll find a place to rest my spirit if I can
Perhaps I may become a highwayman again
Or I may simply be a single drop of rain
But I will remain
And I'll be back again, and again and again and again and again. - The Highwayman
Friday, March 13, 2015
Gold Price Bull Market 2015 Annihilated by Strong U.S. Dollar / Commodities / Gold and Silver 2015
Within weeks of the start of 2015, the Gold price had soared to nudge above $1,300 prompting many gold bugs to start proclaiming that the long anticipated resumption of the gold bull market had begun after what had seemed like an never ending 3.5 year bear market that had contained many false dawns which had greatly demoralised many gold bugs and even worse for precious metal stock investors.
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Friday, March 13, 2015
Gold Sucks! / Commodities / Gold and Silver 2015
Ben Kramer-Miller, a fundamental gold stock analyst who I keep an eye on, recently had an article at SeekingAlpha called Gold’s Bull Run Has Not Yet Begun. I remember taking note of the title when it came out, but as is usually the case I did not have the time, nor the inclination to read it. I like to keep my own thoughts square and balanced and don’t need other peoples’ thoughts on gold clouding my own.
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Friday, March 13, 2015
How to Make Money in the Chaos of Oil and Gas Markets / Commodities / Oil Companies
Operating in difficult conditions—whether political, logistical or technical—comes with the oil and gas territory, but the collapse in oil and gas prices has added further complexity and risk to the space. Though many companies have lost half or more of their share price in the debacle, Stephane Foucaud of FirstEnergy Capital tells The Energy Report how to find value in small-cap exploration and production names, and provides several examples of companies poised to rebound on the upturn.
The Energy Report: Stephane, do you think the oil price has hit bottom and is now recovering?
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Thursday, March 12, 2015
Silver Price Projection, U.S. Dollar Correction / Commodities / Gold and Silver 2015
Take the S&P Index and multiply by the US dollar index. This removes most of the currency variation. Do the same with silver. The chart of silver times the dollar looks very much like silver priced in euros.
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Thursday, March 12, 2015
Why You Should Listen to This Man About Gold / Commodities / Gold and Silver 2015
Would you like your advice from someone who has been successful or from someone who’s failed? I’d prefer to hear from a winner.
Now that the gold market has been mauled by a bear, we can sort out the pretenders from the contenders in the mining industry. After all, there’s nothing like a major down cycle to reveal which companies are run by people who know how to prepare for bad weather.
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Thursday, March 12, 2015
Consumers Winning With Low Oil Prices, For Now / Commodities / Crude Oil
Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 the end of January, according to gasbuddy.com.Read full article... Read full article...
Thursday, March 12, 2015
Simple Test to Determine if Gold Price Is at a Bottom / Commodities / Gold and Silver 2015
Gold investors have been through a nuclear winter, but the future looks bright as mining companies bask in the glow of lower costs, better exchange rates and a flurry of mergers and acquisitions. In this interview with The Gold Report, Tocqueville Asset Management fund managers Doug Groh and John Hathaway share the names of mid-cap companies that could emerge successfully and one truly contrarian play that could be a tenbagger if their forecasts are correct.
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Thursday, March 12, 2015
Gold Gives Back 2015 Gains, Drops Towards 2014 Low – What is Next? / Commodities / Gold and Silver 2015
Gold has given back all of its 2015 gains and is falling towards the November 2014 low of $1,130 today. This is a level not previously seen since early 2010.
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Wednesday, March 11, 2015
Everyone Is Guessing When It Comes To Crude Oil Prices / Commodities / Crude Oil
Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.Read full article... Read full article...
Wednesday, March 11, 2015
Gold and Silver Price Decline Continues / Commodities / Gold and Silver 2015
Briefly: In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective. We are keeping the stop-loss levels at their current levels, which means that we are effectively keeping some gains locked in and at the same time we're allowing the profits to increase.
Gold moved a little higher yesterday only to disappoint in the following part of the session. Gold stocks plunged without looking back. The decline continues - will it end soon?
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Wednesday, March 11, 2015
Mining Stocks Investing - How to Get Struck by Lightning / Commodities / Metals & Mining
By Louis James, Chief Metals & Mining Investment Strategist
Two M&A deals have already delivered paydays for investors in junior mining stocks this year: Goldcorp’s half-billion-dollar purchase of Probe Mines in Canada, and Tahoe Resources’ billion-dollar acquisition of Rio Alto Mining, a Peruvian gold producer.
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Wednesday, March 11, 2015
Silver and Gold Shelter From the Storm / Commodities / Gold and Silver 2015
What storm? The stock and bond markets in the US are doing great, the media has sold the strong employment story, and all those nasty wars are far, far away.
So the top few percent are doing well and are sheltered from the storm, but what about the rest of us? What storms are pounding us?
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Tuesday, March 10, 2015
Gold's Obituary... Phase 2 now Underway / Commodities / Gold and Silver 2015
This article is an update of Gold’s Obituary published back at the end of October 2014. Nothing has changed since that forecast, except the passage of time to arrive at where we are today. Analysis will cover a few currencies and different markets, which should provide a flavour of where things are heading over the next 6-8 months. As a hint, being long commodities as a whole is not recommended in the slightest.
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