Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, February 20, 2015

Gold Price & Gold Stocks Near Term Prognosis / Commodities / Gold and Silver Stocks 2015

By: Jordan_Roy_Byrne

Precious Metals have had an interesting week. Both Silver and the gold stocks rebounded off their 50-day moving averages only to do a 180 the following day. Meanwhile Gold has given back most of its January gains. In this missive we consider the near term outlook for Gold and the gold stocks.

Thursday, February 19, 2015

Cotton Commodity Price Forecast To Rise / Commodities / Commodities Trading

By: Austin_Galt

The cotton price has experienced a shellacking over recent years so is there any relief in sight for cotton growers going forward? Let’s find out taking a top down approach to the technicals beginning with the yearly chart.

Thursday, February 19, 2015

Gold Bars Worth Over £350,000 Robbed From Pensioner By Fake Cops / Commodities / Gold and Silver 2015

By: GoldCore

• Story of pensioner in Paris who has had €450k of gold stolen by fake police highlights risks of storing gold in home

• Criminals impersonating cops gained access to home claiming to be investigating gold robbery

• 13 kilogram bars worth €450,000 taken, pensioner unharmed

• Gold owners must take precautions

• Greek depositors taking precautions by taking cash out of banks

Thursday, February 19, 2015

What This "Ice Level" Means to Future Oil Prices / Commodities / Crude Oil

By: Money_Morning

D.R. Barton writes: You'd have to be living under a rock (and one without Internet access at that) to have missed the oil price swoon that has taken place since June.

Even after a recent bounce back from an under-$50 per barrel low, and a trough-to-peak rebound of 24% since the end of January, the technical picture does not indicate smooth sailing upward from here.

Thursday, February 19, 2015

Why Crude Oil Prices Must Go Up / Commodities / Crude Oil

By: OilPrice_Com

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.

While analyzing the short-term trajectory of oil prices is certainly important, it obscures the fact that over the long-term, oil exploration companies may struggle to bring new sources of supply online. Ed Crooks over at the FT persuasively summarizes the predicament. Crooks says that 2014 is shaping up to be the worst year in the last six decades in terms of new oil discoveries (based on preliminary data).

Thursday, February 19, 2015

Crude Oil Price Double Top or Further Rally? / Commodities / Crude Oil

By: Nadia_Simmons

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

Although crude oil moved lower after the market's open weakened by concerns over the situation in Ukraine and Greece, the commodity rebounded as weaker U.S. dollar supported the price. As a result, light crude gained 1.08% and climbed above an important resistance, but is it as bullish as it seems at the first sight?

Thursday, February 19, 2015

How Gold Investors Can Take Advantage of a Rising Happiness Index / Commodities / Gold and Silver Stocks 2015

By: The_Gold_Report

The bottom is in, says Gwen Preston, founder of the Resource Maven, but the next bull market in gold hasn't yet arrived. In this interview with the The Gold Report, she argues that investors should concentrate on finding likely takeover targets and explains that these companies are often distinguished by strong investor and institutional backing. She identifies four such companies, as well as highlighting two exciting explorers and the one gold major best positioned for a robust recovery.

The Gold Report: You have doubled down on your declaration that "Nov. 5 was the bottom for gold and gold equities." What makes you so certain?

Wednesday, February 18, 2015

Gold Price $250 Forecast - Dear Harry Dent: Wanna Bet? / Commodities / Gold and Silver 2015

By: Jeff_Clark

Some of you may be aware that investment guru Harry Dent has publicly stated that gold will fall to $250-$400. He specifically predicted:

Around $700/ounce is a certainty in gold by 2015 to 2016, and $250 is a possibility well down the line by 2020–2023.

His forecast is largely based on his belief that deflation will prevail.

Governments are fighting deflation. If government stimulus fails, we will have deflation, not inflation.

Tuesday, February 17, 2015

Silver and Gold: Why Now? / Commodities / Gold and Silver 2015

By: DeviantInvestor

Examine the graph of the silver to gold ratio over the past 25 years.

Tuesday, February 17, 2015

HUI Index: Bull Pullback or Bear Rally? / Commodities / Gold and Silver Stocks 2015

By: Bryan_Post

Call us Gold Bugs if you wish - it's OK - really.

We have a firm belief that the precious metals, Gold and Silver, are the only real money on planet Earth. We also believe the metals are in a secular bull market that has several more years to run.

Yes, holding these opinions places us in a minority group that is way outside the mainstream of financial "thinking".

Tuesday, February 17, 2015

Global Insecurity Is Good for Gold / Commodities / Gold and Silver 2015

By: The_Gold_Report

International anxiety may be good for gold prices, as gold continues to have a place as a store of value in uncertain times, says Mike Niehuser of Scarsdale Securities. Lower energy prices and a stronger dollar may provide relief for precious metal miners, especially explorers and miners working outside the United States. Management teams that have been forced to adapt to survive should do well in an upturn, and in this interview with The Gold Report, Niehuser discusses a handful of companies that fit the bill, including one in renewable energy.

The Gold Report: Gold and silver have both demonstrated explosive growth in 2015. Why has this happened, and will it continue?

Monday, February 16, 2015

Strong US Dollar Sets Gold and Sliver Markets Tone / Commodities / Gold and Silver 2015

By: Alasdair_Macleod

This week the US dollar moved strongly upwards against the other major currencies, at the same time weakening gold and silver along with most industrial commodities, before some profit-taking set in yesterday. The effect on precious metals is a change from previous weeks when a flight into dollars also supported gold and silver prices. Instead, gold and silver were noticeably weak until this morning, when prices recovered $8 and $0.13c respectively in early London trading. So what’s changed?

Monday, February 16, 2015

What the Bearish Analysts Missed About Crude Oil Prices / Commodities / Crude Oil

By: Money_Morning

Dr. Kent Moors writes: Pundits continue to wrongly predict more pain in oil markets.

Citigroup analyst Ed Morse just came out with his most bearish forecast yet, claiming oil prices could fall to $20 a barrel. As for the recent rebound, Morse thinks it looks more like a "head-fake" than a sustainable turning point.

The market, of course, has ignored these concerns, as crude oil prices continue to climb.

Monday, February 16, 2015

Corn Commodity Chart Analysis / Commodities / Agricultural Commodities

By: Austin_Galt

The corn price has been hammered over the past couple of years which has meant the winter hiatus this year in the Corn Belt has been a bit gloomy. But if my read on the technicals is correct then some momentary joy is on the way.

I expect the price of corn to bob up over the coming months but if I were a farmer in Iowa I would be making hay while the sun shines as I expect these coming higher prices to be fleeting before price once again collapses into final lows.

Sunday, February 15, 2015

Gold Price Reaches Potential Support Zone, Ready for a Bounce / Commodities / Gold and Silver 2015

By: MarketsToday

Gold (XAU/USD) declined as much as 6.9% recently, after hitting a swing high of 1,307.6 three weeks ago. That high was right in the area of the 127% AB=CD extension (1,302.8), and the 78.6% retracement (1,299.7) of the downtrend measured from the 1,345.3 peak.

Saturday, February 14, 2015

Gold And Silver – A Telling View Through ETF Charts / Commodities / Gold and Silver Stocks 2015

By: Michael_Noonan

The changes going on in the world continue to accelerate, but changes that directly relate to gold and silver are hard to find and correlate to developing price activity.  This was addressed in the first two paragraphs of last week’s article, Forget The News, so there is no need to repeat how fundamental news is not driving price.

None of the fundamentals are reliable for market timing, charts being preferred for that aspect, and even the charts are not indicating the “when” will gold and silver embark on a change in trend.  With an overload of news events, a shorter read of what is going on in the markets via the charts makes more sense.

Saturday, February 14, 2015

As Oil Prices Climb, Here’s How to Play the Rebound in Energy / Commodities / Crude Oil

By: Money_Morning

Dr. Kent Moors writes: As I write this, crude oil prices continue to advance. Brent is over $61 a barrel, while West Texas Intermediate (WTI) is pushing $53.

Both are higher than at any time since before Christmas.

Absent any major geopolitical tension, beyond the levels we’re already seeing, oil prices should begin to level off.

Friday, February 13, 2015

Is Gold Price Pullback Another Buying Opportunity? / Commodities / Gold and Silver 2015

By: Sy_Harding

There are reasons in the technical charts, in the fundamentals, and in investor sentiment, to believe gold is ready for at least a tradable bear market rally.

In a January column, I noted that gold plunged 48% from its record high above $1,900 an ounce in 2011, to its low late last year, and was one of last year’s worst performers, down 15% for the year.

Friday, February 13, 2015

A Few Positive Fundamental Developments for Gold Mining Stocks / Commodities / Gold and Silver Stocks 2015

By: Jordan_Roy_Byrne

For the most part positive fundamentals (for gold mining companies) refers to rising Gold prices. However, this neglects the things under the surface which can affect margins as much as headline prices and in some cases more.

In the chart below we plot Gold priced in Canadian Dollars, Gold against Oil and Gold against Industrial Metals. Before we get to the chart let me explain why these ratios are important. First, the vast majority of gold mining firms are headquartered in Canada. The loonie is their local currency. The Canadian Gold price for firms that operate mines in Canada or explore in Canada can be more important than the US$ Gold price because their costs are in Canadian Dollars and not US$’s. Thus, a weak loonie rather than a weak US$ is a benefit.

Friday, February 13, 2015

Gold Price and Fed Interest Rate Hikes / Commodities / Gold and Silver 2015

By: Zeal_LLC

Gold’s sharp early-year surge has fizzled in recent weeks as investment demand faded.  The primary reason is the universal belief that the Fed’s upcoming rate hikes are very bearish for gold.  Higher rates will make zero-yielding gold relatively less attractive, argues this popular thesis.  But history proves just the opposite.  Gold actually thrives in rising- and higher-rate environments, so rate hikes are nothing to fear.

This notion definitely seems counterintuitive today.  When the Fed finally begins letting interest rates start to normalize after actively suppressing them for years on end, yields on bonds and cash in the form of money-market funds will rise.  That will make these asset classes more appealing to investors.  So they will migrate out of gold, which yields nothing, into the new higher-yielding bonds and money-market funds.