Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, March 10, 2015
Will the Shangai Fix fix the Gold Market? / Commodities / Gold and Silver 2015
By: Michael_J_Kosares
John Maynard Keynes once remarked that “A debtor nation does not love its creditor, and it is fruitless to expect feelings of good will.” In the case of the financial arrangement between China and the West including the United States, I might add that the opposite is also true, particularly when that creditor thinks its debtor might be in over its head. Each, though, has learned to live with the other in this complicated and intricate web of debt and money, interlocking national balance sheets and intertwined commercial interests we call the international markets. To not do so is to act against one’s own national interest.
Monday, March 09, 2015
Three Fear Resistant Commodities That Look Tasty / Commodities / Gold and Silver 2015
By: Chris_Vermeulen
On Friday, March 6 the US jobs report hit the wires. Equities were trading higher in premarket, and the previous session we had seen strong selloff followed by an equally strong high-volume rally. No one was expecting the massive selloff that was about to hit the stock market when the good jobs numbers were posted.
Later that day after 6 1/2 hours of heavy volume selling in the stock market the closing bell rang. The big selloff pulled most stocks and commodities into an extremely oversold market condition. Traders were waiting all day for some type of bottom to be put in place so they can reenter a long position and day trade the rebound.
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Monday, March 09, 2015
Gold and Silver Stocks Impulse Move? / Commodities / Gold and Silver Stocks 2015
By: Rambus_Chartology
In this report I would like to show you some charts for the PM complex in which we finally got some answers to some pressing questions that needed to be answered. The break below the brown shaded support and resistance zone – double bottom hump on the PM stock indexes, now gives us confirmation that the support zone is now negated and the bears are back in charge. The bulls failed miserably last Friday to defend that most important area and are now in retreat. They may put up a small temporary skirmish over the next several days but that's all they'll be able to do. Our job now will be to short into any strength.
Monday, March 09, 2015
Gold Commitments of Traders Report - Speculators in a World of Hurt / Commodities / Gold and Silver Stocks 2015
By: Dan_Norcini
Methinks the continued persistence of the entire speculative crowd (Hedge Funds, Large Reportables and the General Public) in remaining on the long side of the gold market must be due to excessive exposure to the plethora of gold perma-bull websites. There really is no way to explain this in my view as the charts are quite clear and have been for some time now.
Monday, March 09, 2015
Silver Price Remains Stuck in a Bearmarket, Set to Make New Lows Soon / Commodities / Gold and Silver 2015
By: Clive_Maund
Silver remains stuck in a bearmarket and looks set to make new lows soon, for the same reasons as gold: gathering deflationary forces and continued unwinding of the global carry trade leading to a continuation of the dollar spike, which, as set out in the Gold Market update, could see the dollar index reach as high as 120 and in extreme circumstances even higher.
On its 6-month chart we can see how silver broke lower again on Friday, beneath potential trendline support at the same time as gold breached a support level and dropped sharply. The overall tone of this chart is negative with the price beneath both its main moving averages, which are bearishly aligned.
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Monday, March 09, 2015
Gold Price Steep Drop towards Long-term $900 Target Area / Commodities / Gold and Silver 2015
By: Clive_Maund
Gold did almost exactly what we expected in the last update, it bounced from oversold off the support at $1190 - $1200, only to break sharply to new lows on Friday, crushed by the strength of the dollar. We got with the plot and are doing fine with bear ETFs, one of which rose by 25% on Friday alone. The dollar is remarkably strong especially given that its COTs and sentiment readings are already bearish by normal standards, so what is going on? - and where is the dollar headed?
The dollar is so strong because the world economy is about to finally disappear into the deflationary vortex, which our illustrious leaders have been fighting tooth and nail for so long now, which they should as they got us all into this mess in the first place.
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Sunday, March 08, 2015
Gold and Silver Smashed by Non-Farm Payrolls - Troubled Waters / Commodities / Gold and Silver 2015
By: Jesse
Bubble bubble
Toil and trouble,
Savings burn
While assets double.
That certainly was a 'better than expected' Non-Farm Payrolls report number.
One thing to keep in mind is that the Bureau of Labor Statistics has gone back and revised every jobs report I have in my spreadsheet, back to at least 2004.
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Saturday, March 07, 2015
Gold And Silver - Banker Insanity Grows, Precious Metals Decline / Commodities / Gold and Silver 2015
By: Michael_Noonan
Money does not exist in Europe any more than money does not exist in the United States. What the Greeks received was a massive loan of debt issued by the International Monetary Fund. Who authorized the IMF to issue that debt to Greece? From where did the "funds" come? [Hint: Out of thin air.] The IMF/EU/BIS, call the "lenders" whatever you choose, but no money was loaned, just a digitized I.O.U. The notion of money is as phony as any $3 Euro bill. The entire EU and its bloated, non-representative bureaucrats are a massive Ponzi scheme, led by Mario Draghi and a host of other sycophants who would not otherwise get elected even if they ran unopposed.
Saturday, March 07, 2015
Gold Waiting on the US Dollar / Commodities / Gold and Silver 2015
By: Jordan_Roy_Byrne
Gold had held up well in recent months considering the upside explosion in the US$ index. That is because Gold surged nearly 21% against foreign currencies in three months. Yet, this is not enough to carry Gold. Its rebound petered out (in nominal and real terms) after the Swiss news and has growing downside momentum due to the surging US$ index. We've seen some positive developments under the surface for precious metals but its clear the sector won't begin a sustained rebound until the US$ reaches its next peak.
Friday, March 06, 2015
China Copper Con / Commodities / Copper
By: Richard_Mills
If you needed upwards of 50ml tonnes of copper over the next 5 years, and had very little production of your own, what would you do?
I'm thinking you'd manipulate the market like crazy trying to get everyone to believe there's a huge surplus instead of a major deficit.
How would you do it? Well, we can look at the last time the Chinese manipulated the copper market - they invited every analyst they could find and invited them to China. Showed them all a few warehouses stacked with copper to the roof. Why there was so much copper the ground was compacting said one guy, another said the stacks were falling over like dominos. The world bought the surplus story, swallowed it hook line and sinker. Headlines screamed 'China Has Enough Copper!'
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Friday, March 06, 2015
New Wave of “Creative Destruction” - What I Plan to Present To Energy’s Biggest Players / Commodities / Oil Companies
By: Money_Morning
Dr. Kent Moors writes: Greetings again from London!
The Annual Energy Consultation of the Windsor Energy Group is set to begin at Windsor Castle later this afternoon.
Over the course of the next three days, I’ll be briefing some of the biggest, most influential players in the energy world on three of the most pressing issues of the day.
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Friday, March 06, 2015
Apple Major New Gold Buyer - Propel Gold Price Higher? / Commodities / Gold and Silver 2015
By: GoldCore
- There is a major new buyer in the gold market – Apple
- New Apple watch could use up to one third of total annual gold supply
- Apple expects to sell one million gold watches per month
- Each watch to use up to two ounces of gold
- May have enormous ramifications for gold market and propel prices higher
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Friday, March 06, 2015
How To Profit When Colombia Becomes the Saudi Arabia of Cannabis Oil / Commodities / Cannabis
By: Ron_Holland
Forget about ISIS, OPEC, the problems with hydraulic fracturing or fracking, Saudi Arabia, Iraq, Iran as well as wars for oil and gas reserves and pipeline routes now going on throughout the Middle East and the Ukraine. The next oil rush will be cannabis oil for medical use and the winner will be the nation of Colombia, with its perfect climate for year-round outdoor medical marijuana production. In Colombia, the cannabis outdoor grow facilities cost of production is around 10% of the cost of present expensive indoor grow facilities where massive electricity requirements and high labor costs will eventually make this route uncompetitive and unprofitable.
Friday, March 06, 2015
Portfolios, Insurance, and Gold / Commodities / Gold and Silver 2015
By: Submissions
Raymond Matison writes: Over the last two decades investment managers have increasingly accepted the concept that their portfolios should contain some form of insurance against rapid or unexpected market declines – the so called Black Swan event. One way to protect against this is to purchase puts on broad market indexes and calls on precious metals, or purchase some precious metal equity securities, or physical gold bullion. It is safe to say that many hedge funds today utilize several such strategies.
Thursday, March 05, 2015
Gold and Silver Justice For Some - Currency Wars - ECB Deposit Rates To -3% / Commodities / Gold and Silver 2015
By: Jesse
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Eurozone on road to deflation, and bonds remain [an] attractive asset because high demand meets scarce supply
ECB will reduce interest for cash deposits to minus 3% and the dollar [will] appreciate by 20%, reaching parity with euro in 2015.
Thursday, March 05, 2015
U.S. Soaring Crude Oil Stocks - Cushing and Gulf Coast Storage Filling Up Fast / Commodities / Crude Oil
By: EconMatters
Cushing, Oklahoma
The weekly EIA Inventory report came out today regarding the state of the oil market from the supply side, and the numbers continue to paint a bearish picture of the oil market. For example, Cushing added another one and a half million barrels to storage this past week, that`s three million added over the last two weeks to storage facilities.
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Thursday, March 05, 2015
Gold Miner Index Breadth Oscillator, Forward Reckoning® / Commodities / Gold and Silver Stocks 2015
By: Submissions
Nicholas Migliaccio writes: Target of opportunity, QWK PDAC Show Review for you, in 4 lines:
NEM rep confirms ABX was close to making offer, & still possible in 2015.
Sentiment = wary, not depressed like last year.
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Thursday, March 05, 2015
Gold Price Set To Plunge Below $600 / Commodities / Gold and Silver 2015
By: Austin_Galt
This analysis covers the long term charts of gold, gold mining shares represented by the HUI Gold Bugs Index and the world’s largest gold producer, Goldcorp.
Let’s commence with the gold price.
Wednesday, March 04, 2015
What Top Hedge Fund Managers Really Think About Gold / Commodities / Gold and Silver 2015
By: Jeff_Clark
In BIG GOLD, I interviewed a plethora of experts on their views about gold for this year. The issue was so popular that we decided to republish a portion of the edition here.
Given their level of success, these fund managers are worth listening to: James Rickards, Chris Martenson, Steve Henningsen, Grant Williams, and Brent Johnson. Some questions are the same, while others were tailored to their particular expertise.
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Wednesday, March 04, 2015
The LBMA Gold Price will replace the Gold Fixing Price / Commodities / Gold and Silver 2015
By: Arkadiusz_Sieron
While we are waiting for the details on the ECB's QE (will be published on Thursday) and the U.S. non-farm payroll report (will be revealed on Friday), it is worth analyzing a piece of news which passed almost unnoticed. The long established London Gold Fix is going to be replaced by the new electronic LBMA price-discovery process on March 20th this year. Why do we believe that all gold investors should be aware of that fact?
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