Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, July 02, 2014
Rising Demand and Falling Supply Equals Higher Metals Prices / Commodities / Metals & Mining
Juniors can't fund their projects, which means that the majors' reserves will continue to shrink. Rick Mills argues that this process can have but one result: higher metals prices across the board. In this interview with The Mining Report, the owner and host of Ahead of the Herd.com highlights a half-dozen gold, silver, copper and nickel companies that will leverage these high prices, and introduces us to a Canadian company's unique cobalt project in Russia.
The Mining Report: Last month, the price of gold rose over 3% in one day. Can we ascribe this to the conflicts in Ukraine and Iraq or the unraveling of Chinese commodity financing deals?
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Tuesday, July 01, 2014
Gold Prices Benefit From Economic Sins / Commodities / Gold and Silver 2014
Governments, such as the United States, United Kingdom, Europe, and Japan, spend their paper currencies as if tomorrow will never come. They act as if they believe debts can increase forever, more money will always be available, and debts can be rolled over forever. A recent US vice-president even stated that “deficits don’t matter.” Such economic sins may help the financial elite but they ultimately hurt most people and most economies.
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Tuesday, July 01, 2014
Crude Oil Price Breakdown or Trap? / Commodities / Crude Oil
Although crude oil moved little higher on Friday, hitting an intraday high of $106.19, the commodity reversed and posted its second weekly loss in three weeks as the immediate threat of losing Iraqi oil supply due to violence in the country faded. As a result, light crude closed the week below the medium-term support. Will it trigger further deterioration?
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Monday, June 30, 2014
Gold - Another False Start / Commodities / Gold and Silver 2014
The latest COTs are indicating another false start for the Precious Metals sector. There was a very big jump in Commercial short positions in gold last week, but an astounding jump in Commercial short positions in silver, that is believed to be unprecedented. With both already at a high level as a result, it looks like we are in for a rerun of what happened after mid-March.
Gold is now at a crossroads, with the downtrend in force from late 2012 intersecting with the long-term uptrend in force from the start of the bullmarket back in 2001. Before considering the implications of the latest COTs, let's look at the intersection of these trends on the charts to see why this is such an important juncture.
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Monday, June 30, 2014
Silver Price Critically Overbought, Explosion in Commercial Short Positions / Commodities / Gold and Silver 2014
Latest COT data released on Friday shows an astounding ramp in Commercial short positions in silver that it believed to be unprecedented, and given that silver is now critically overbought after 14 up days in a row up till last Thursday, it is safe to assume this means trouble.
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Sunday, June 29, 2014
What’s Driving America’s Oil Boom (This Could Make You a Bundle) / Commodities / Crude Oil
The amount of oil produced in the U.S. has skyrocketed more than 50% over the last six years.
Now small towns all across the U.S. are filling with new-found wealth… and a new breed of millionaires.
Who’s leading the way? It certainly isn’t the big major oil companies.
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Saturday, June 28, 2014
Is Crude Oil Price Breaking Out? / Commodities / Crude Oil
Christopher Rowe writes: Light sweet crude oil has broken out of an ascending triangle with a minimum price target close to $113.
The ascending triangle is a pattern that’s formed when an investment vehicle (in this case, light sweet crude) makes even highs and higher lows.
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Saturday, June 28, 2014
How Long Does The OPEC Party Keep Going? / Commodities / Crude Oil
The 30 Mbd Limit
Temporarily reprieved by Syria, Libya and Iraq oil prices can be kept from falling, or stoked higher by Goldman Sachs and the dwindling band of “oil and energy market maker banks”. These include the now not-so-Teflon market rigging fraudsters Barclays, Deutsche Bank, SocGen, JP Morgan and a small number of others, like BNP Paribas. If you want to know why oil prices are high – ask them.
Saturday, June 28, 2014
Gold And Silver Price No Defined Bottom / Commodities / Gold and Silver 2014
Despite a decent rally in both gold and silver over the past 7 trading days, [TDs], both remain in bear market conditions, overall. This should hold true for however many more months, or years that the war-breathing, fiat-issuing federal United States government can retain its control. Despite the fact that the numbers of people who recognize the utterly corrupt nature of Western governments, led by the US and willingly abetted by the UK and Germany, those in control still remain in control.
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Saturday, June 28, 2014
Developing Gold Market Situations - Stock Market Meltdown... / Commodities / Gold and Silver 2014
As you can see in the chart below, even as we are consistently reminded that the stock market is trading at record highs, gold remains the best performer on the year thus far -- better than Treasuries, the euro, commodities, farmland, NASDAQ and the Dow Jones Industrial Average, better even than silver. The nearly 10% appreciation in the price began under what we believe to have been oversold conditions at roughly $1200 per ounce. Much of the early year upward price adjustment had to do with investors globally taking advantage of the oversold market. Over the first six months of the year, we have enjoyed a steady increase in business at USAGOLD. Many of the same clients who purchased gold in the $300 to $600 range in the late 1990s and early 2000s are buying now. It has been a good year for gold thus far, but what about the rest of 2014? At USAGOLD, we are monitoring three developing situations that we believe could have a profound impact on gold demand during the remainder of the year -- driving forces that could provide impetus for a classic gold run that could begin with a summer surprise. . . . .
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Friday, June 27, 2014
Bitcoin New Rally Might Be Close / Commodities / Bitcoin
Briefly: we don’t support any short-term positions in the market.
Mark Karpeles, CEO of the now defunct exchange Mt. Gox gave a first interview since the announcement of the bankruptcy of his company, the Wall Street Journal reported:
"As the company head, my mission was to protect customers and employees," Mr. Karpelès said in the interview, his first with media since a Feb. 28 news conference to announce the exchange's bankruptcy filing. "I'm deeply sorry. I'm frustrated with myself."
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Friday, June 27, 2014
Record Gold Stocks Summer? / Commodities / Gold and Silver Stocks 2014
Gold stocks have defied the odds to blast higher in the early summer doldrums. Investors have flocked back in recent weeks, their heavy buying driving record June-to-date gains. If this newfound momentum continues, gold stocks have the potential to achieve a record summer. With their exceptionally-bullish technicals this is certainly possible, but remains a tall order unless gold’s rare summer rally resumes.
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Friday, June 27, 2014
Should Anything Replace The 'Gold Fix'? Where Next? / Commodities / Gold and Silver 2014
Since the Barclays trader was found guilty of manipulating gold prices and Barclays fined $44 million, the entire "Fixing" process has come under the spotlight. The bankster involved is thought to reflect one or maybe other 'rogue' traders, not a condemnation of the whole process of the "Gold Fix" by the banking fraternity.
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Friday, June 27, 2014
Why The COMEX Is Corrupt / Commodities / Market Manipulation
It is one thing to label the world’s most important precious metals exchange as the most corrupt; but perhaps quite another to prove it in terms beyond reasonable doubt. First, let me be clear in what I am asserting – the Commodities Exchange Inc. (COMEX), owned and operated by the CME Group, has come to control and manipulate the price of gold and silver, as well as copper, for the sole benefit of certain exchange insiders, most prominently JPMorgan.
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Friday, June 27, 2014
Trading the Ratios and Swapping Gold for Silver / Commodities / Gold and Silver 2014
Primary gold investors versus silver investors are not exactly alike.
Swapping gold for silver is a trade always worth considering, especially when the ratio blows out as wide as it is now. Portability is one obvious reason for the reverse, as long as premiums match up in the transaction. But the main advantage to this kind of swap is that silver almost always tends to cover more ground percentage-wiser and faster when it is allowed to move in a significant way.
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Friday, June 27, 2014
Gold and Silver Price Building a Base / Commodities / Gold and Silver 2014
It is three weeks since the managed money category on Comex placed their biggest bet ever recorded in recent times that silver was going lower, and also bet big-time that gold would sink below $1200. As is often the case when traders are so commonly committed to a price outcome they end up nursing some painful losses.
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Friday, June 27, 2014
Gold Miners Nearing Strong Monthly and Quarterly Close / Commodities / Gold and Silver Stocks 2014
The gold and silver miners have cooled off in recent days after a red-hot start to the summer. Could this cool off be the start of another move lower or a pause before another leg higher?
We continue to be bullish and a new reason is the sudden strength in the monthly and even quarterly charts. For larger or developing trends, monthly charts supersede weekly charts, which supersede daily charts. With only two days left, the gold and silver miners are poised to end the month and quarter with their strength intact.
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Friday, June 27, 2014
Gold and Silver versus the Petrodollar Peril / Commodities / Gold and Silver 2014
Transcript: Welcome to HoweStreet.com Radio, the online source for market opinions.
Jim Goddard: My guest is David Smith, Senior Analyst for the Morgan Report which you can find online at Silver-Investor.com. Welcome to the show David.
David Smith: Good to be back, Jim.
Jim Goddard: Gold and silver versus petrodollar perils, maybe explain to us what you feel that is and why investors should be concerned about it.
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Thursday, June 26, 2014
What Crude Oil Says About Silver Price / Commodities / Gold and Silver 2014
If you want to know where silver prices are going, ask crude oil!
Crude Oil Prices:
December 1998 Crude Oil price was under $11
January 2000: Crude Oil price was about $24
July 2008: Crude Oil price topped about $147
December 2008: Crude Oil prices crashed to about $35
June 20, 2014: Current price is about $106.
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Thursday, June 26, 2014
Why Gasoline Prices Are Headed to $4 Per Gallon / Commodities / Gas - Petrol
Dr. Kent Moors writes: Futures prices for both crude and gasoline were down yesterday. Unfortunately, that barely tells the real story.
So, enjoy the respite while it lasts.
Thanks to the growing Sunni insurrection and the rapid unraveling of the Shiite government in Baghdad, you can bet that prices for both crude and gasoline will be making the headlines over the next two months.
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