Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, June 09, 2014
Gold and Silver Divergence vs Stock Markets / Commodities / Gold and Silver 2014
By: Rambus_Chartology
In this report I would like to look at some charts for the precious metals complex and some stock markets that have been moving opposite to each since the PM sector topped out in 2011.
PRECIOUS METALS
First lets look at a daily chart for gold that shows the bearish blue falling wedge that broke down about two weeks ago. Right now it's in the process of backtesting the bottom rail around the 1265 area, I also drew in a thin black dashed horizontal line under all the previous lows at 1280, which should also act as resistance if the bottom rail of the falling wedge gets strongly backtested. The all important 150 moving average comes in today at 1279.65. As you can see from the March high gold has been making lower lows and lower highs for the most part which constitutes a downtrend.
Monday, June 09, 2014
Negative Interest Rates Fail to Change Trend in Silver - MAP Wave Analysis / Commodities / Gold and Silver 2014
By: Marc_Horn
I have found some time to update silver and gold, and last weeks negative interest rate announcement by the ECB managed no more than to affect the centi fractal wave scale, not even putting a blip on the deci wave scale! The downtrend continues and I am beyond words about the stupidity of the decision. WE ARE IN A DEFLATIONAY SPIRAL GLOBALLY and even though critics will argue. This is confirmation of information that we have all known for a long time, however if there is one thing guaranteed - politiicans will only act once it is too late - CRISIS MANAGEMENT! I suspect France was pushing hard, as the French economy is now officially even LESS PRODUCTIVE than Greece!Read full article... Read full article...
Sunday, June 08, 2014
Crude Oil Price Turns Bearish / Commodities / Crude Oil
By: Gregor_Horvat
Crude Oil has turned bearish recently, away from 104.00-104.50 resistance where we were looking for a wave (d) high. Notice that market turned nicely down, through the support channel line that confirms the bearish view for a three wave drop into wave (e) back to 100-101 area. Once those levels will be seen, we will turn bullish as big triangle since March could then be near completion. At the moment we see wave c) down in progress so triangle can already be in final stages.
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Saturday, June 07, 2014
Gold And Silver – Let “Dollar” Collapse Or Choose War. Elites Will Opt For War / Commodities / Gold and Silver 2014
By: Michael_Noonan
The world has never been in a position like this before, where all global currencies are fiat and dependent upon central banker power. The push for a New World Order is inexorable, and make no mistake, the monied elites are fully in control, or almost so. We maintain this is why so many in the Precious Metals community have miscalculated the timing for when gold and silver would take off to the upside, collapsing the Fed's fiat "dollar," or as a result thereof.
Ukraine is truly the test where East meets West. It is the US-led coup that is a staging ground for an assault on Russia. Obama is leading the charge, once again, choosing the drums of war to get across the message that to challenge the supremacy of the "dollar" as the world's reserve currency, [as the ATM machine used by the elites to pillage the world's assets and remain in control], can have a serious outcome.
Saturday, June 07, 2014
Gold and Silver Negative Interest Rates Have Arrived / Commodities / Gold and Silver 2014
By: Jesse
"We have been silent witnesses of evil deeds; we have been drenched by many storms; we have learnt the arts of equivocation and pretence; experience has made us suspicious of others and kept us from being truthful and open; intolerable conflicts have worn us down and even made us cynical.
Friday, June 06, 2014
Bullish Record Gold and Silver Futures Shorting / Commodities / Gold and Silver 2014
By: Zeal_LLC
The precious metals plunged last week, knifing through key support zones to unleash an explosion of bearish sentiment. This troubling heavy selling wasn’t news-driven, it emerged out of the blue. Who was dumping gold and why? Later data confirmed it was American futures speculators short selling gold and silver at record levels. Extreme shorting is very bullish, as these bets soon have to be covered.
The gold and silver price action has been exceedingly anomalous since early 2013. That’s when the Federal Reserve fomented a melt-up in the general stock markets, through both monetizing debt and jawboning implying it was backstopping stock prices. The levitating stock markets gradually sucked all life away from alternative investments including gold, which was crushed by epic selling of gold-ETF shares.
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Friday, June 06, 2014
Crude Oil Prices, Opec And Other Peak Oil Stories / Commodities / Crude Oil
By: Andrew_McKillop
When In Doubt, Worry About Oil
One of the starkest oil worry pot pourri presentations – ruthlessly mingling fact, fiction and fantasy (but pretending its all fact) – can be had here http://energypolicy.columbia.edu...
Steve Kopits is the Managing Director of a known and still-in-business oil and energy forecasting firm, Douglas-Westwood. Both Kopits and D-W would appear to be (still) employable, but for how much longer we can only guess. The Kopits presentation is showcased by the Dublin sustainable economy and development firm FEASTA, with an even more ghastly presentation by David Knight called 'Peak Oil and Climate Change – Two Sides of the Same Coin?' FEASTA says that, as it perceives things, Global Warming and Peak Oil are the two largest threats to the planet, human life and civilization.
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Friday, June 06, 2014
Clarifying Asian Gold Strategy / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
The Russians came up with an extraordinary statement recently, central to why Russia and China are buying gold, the importance of which was missed by the media. President Putin said that “Russia and China need to secure their gold and foreign reserves.” He may have been overstepping the mark in making comments about China’s monetary policy, but he was unlikely to have done so without good reason. Furthermore it is impossible to secure foreign currency reserves, because they are at all times under the control of the issuing central banks. So what Putin was actually implying was that China and Russia need to secure their gold.
Friday, June 06, 2014
Gold in Near-Death Experience on Comex / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
Well, it's a bit of an exaggeration, but for the first three days of this week daily turnover in the gold future fell to about 80,000 contracts, compared with a more normal level of 120,000. At the same time volatility fell to as close to zero as you can get. The week started with the gold price at $1241 and until yesterday at 1.00pm UK time stuck to a tight range of $7 centred on $1244. Open interest picked up a little, as shown in our first chart.
Friday, June 06, 2014
Solar Roadways: Turning Pavement into Power / Commodities / Solar Energy
By: Money_Morning
Dr. Kent Moors writes: If you haven’t heard of Scott and Julie Brusaw yet, chances are you will before too long.
They are the founders of a crowd-funded idea that may just revolutionize both transportation and energy.
It is the coolest idea I’ve seen in quite some time. It’s so inventive it could flat-out change everything we think about power.
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Friday, June 06, 2014
Gold Price Key Fundamental Driver / Commodities / Gold and Silver 2014
By: Jordan_Roy_Byrne
Barry Ritholtz is out with another article spelling more doom for the precious metals sector and the gold bugs. The self proclaimed “Gold Agnostic” penned a 2500 word missive in January which followed a blog post amid the spring 2013 collapse titled “What are Gold’s Fundamentals.” For the record, Ritholtz’s calls on the markets and Gold have been very good. He was bullish during most of the 2001-2011 advance and sold out prior to the 2013 breakdown. Give credit where credit is due. Yet, while the anti-gold and anti-gold bug mainstream eat up his gold analysis like a lap dog we have to mention some errors and a startling omission of Gold’s key driving force.
Friday, June 06, 2014
The Platinum Supply Shock / Commodities / Platinum
By: Peter_Schiff
Even investors who typically eschew precious metals have been hard-pressed to ignore the platinum industry this year. The longest strike in South African history paired with surging Asian demand is set to push the metal back into a physical deficit in 2014 - and could have repercussions for years to come. While gold remains the most conservative choice for saving, the "industrial precious metal" platinum is a compelling investment for those, like me, who are bullish on global net economic growth.
Thursday, June 05, 2014
Gold - Possession is Nine-Tenths of the Law / Commodities / Gold and Silver 2014
By: Dr_Jeff_Lewis
"...Even though the property was originally stolen, that if the victim or his heirs cannot be found, and if the current possessor was not the actual criminal who stole the property, then title to that property belongs properly, justly, and ethically to its current possessor." - Murray Rothbard
If you don't hold it, you don't own it. This should be the soothing mantra for all long term precious metals holders.
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Wednesday, June 04, 2014
Gold and Crude Oil Commodities Elliott Wave Analysis / Commodities / Commodities Trading
By: Gregor_Horvat
Gold broke to the downside last week, out of triangle pattern that was placed in wave (b) so current leg down should be wave (c) as part of D of a big triangle from a daily chart. We know that wave (c) is impulsive wave so we need to be aware of a bullish reversal after a five wave drop from wave e) swing high. In the last few sessions market slowed down around 1240-1245 so it's probably wave iv)so decline could extend down to 1230 by the end of the week.
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Wednesday, June 04, 2014
The Effect of Monetary Policy on Gold Prices / Commodities / Gold and Silver 2014
By: Bob_Kirtley
Background
Gold prices have fallen for 6 days in a row taking the price down to $1243/oz and it now stands about $60/oz above the 2013 June lows. Silver prices suffered the same fate falling from $19.50/oz to $18.75/oz. The gold producers as represented by the Gold Bugs Index the HUI is down to 204 which is lower than the 2013 June lows. We can look to the summer doldrums or the ‘sell May and go away’ investors when we try to account for these falls but the truth is that this tiny sector has been suffering for a couple of years now.
Tuesday, June 03, 2014
When Will Gold Price Bottom? / Commodities / Gold and Silver 2014
By: Ed_Carlson
Gold lost $46/oz. last week to close at $1,245.60 and, while it might not feel like it, gold is still up $43.70 for the year. My price forecasting model generates a target of 1,206 for this decline. Seasonally, gold tends to make a bottom of undetermined degree in the period from June to July.
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Tuesday, June 03, 2014
Russian Roulette – Derivative Style / Commodities / Derivatives
By: DeviantInvestor
Russian Roulette: Put one bullet in the cylinder of a revolver, spin the cylinder, point the gun at YOUR head, and pull the trigger. Most revolvers have 6 chambers, so your odds of surviving are 5 in 6, IF you quit after pulling the trigger once.
Press your luck, spin the cylinder, point the gun, and pull the trigger again. It might be okay. Try for a third time?
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Tuesday, June 03, 2014
Gold and Wheat Commodity Futures Elliott Wave Analysis / Commodities / Commodities Trading
By: Gregor_Horvat
CPI in Euro zone came lower again which goes in favor of ECB reaction. I wanted to show you here one more option on GOLD in anticipation of a downside correction on US indices. We expect flat correction which means 5 waves down after 3-3 up. So same on GOLD is possible to the upside in attempt of investors to seek refuge from falling stock market. We need 5 waves up to confirm low signature.
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Tuesday, June 03, 2014
Gold and Silver Cap and Fear / Commodities / Gold and Silver 2014
By: Jesse
There are some very significant events happening behind the scenes, even though the markets would seem to hide this with their sleepily accommodative nature to the status quo.
I thought Volcker's call for a new Bretton Woods agreement was significant, in a Chamberlain-like manner. Volcker is certainly out of power, riding the tide of events more than shaping them now. But he certainly still has insights into what is going on.
Tuesday, June 03, 2014
Canadian Law Makes It Cheaper To Prevent Oil Sands Leaks Than Clean Them Up / Commodities / Crude Oil
By: OilPrice_Com
As the Canadian government pushes a new law rendering pipeline companies liable for all damages from leaks and spills, the only friend to both sides in this polarized world of dirty oil sands is leak prevention technology. On May 14, amid heightened opposition to two planned pipelines, Canada's Natural Resources Ministry unveiled a new law making pipeline operators liable for all the costs and damages related to oil spills, regardless of whether the operators were at fault or demonstrated negligence.
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