Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, June 18, 2014
Gold Summer Heat (?) / Commodities / Gold and Silver Stocks 2014
From the HRA Journal: Issue 215:
Read full article... Read full article...Ok, it could be another head fake (there have been plenty) but the latest move in the gold stocks looks strong enough to be the real thing, even though its just begun.
If it is it will represent a very different outcome for the sector though the summer than most are expecting. Of course that is the thing about markets. They have a disconcerting habit of doing precisely what most traders don't expect.
Tuesday, June 17, 2014
The "Hidden" Inflation that Could Wipe Out Investor Returns / Commodities / Gold and Silver 2014
Michael E. Lewitt writes: Official measures of inflation tell a very different story from the reality facing consumers as they shop for groceries, gasoline, insurance, healthcare, and other everyday goods.
In the real world away from government statistics, product prices continue to rise at an inexorable rate.
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Tuesday, June 17, 2014
Gold - The Single Most Important Market Indicator You Probably Aren't Using - Video / Commodities / Gold and Silver 2014
See how crowd psychology warned of a top in gold -- and learn how to use this tool again in the future
Enjoy this clip from a recently recorded presentation by Steve Hochberg, our Chief Market Strategist.
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Tuesday, June 17, 2014
Why Gold's Base Price Should Be North Of $2,000 / Commodities / Gold and Silver 2014
Even though present Geo-political events in Iraq have now pushed up the price of gold due to Brent Crude hitting a new high in 2014, the value of the yellow metal relative to oil is still way below its historical average. Currently, the price of Brent Crude is trading at $113.35, while gold is at $1,275. This is an embarrassing 11.2 to 1 ratio.... thanks to the manipulation by the Fed and member banks.
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Tuesday, June 17, 2014
Gold Investors: Let This Cycle Be Your Guide / Commodities / Gold and Silver 2014
U.S. Global Investors recently welcomed Doug Peta, an economist from BCA research, to our offices. He presented some interesting research regarding the Fed Funds Rate Cycle, and in turn, what that research could mean for gold. I wanted to share points from his presentation, as well our own in-house research, to help you understand the positivity we see for the precious metal looking towards 2015.
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Monday, June 16, 2014
Palladium Price Double Top / Commodities / Palladium
Palladium has been in the news recently so I thought I’d have a look at the chart and there were some interesting observations to be made. So let’s have a look starting with the yearly chart.
Monday, June 16, 2014
This Metal Problem Could Ignite China's Smoldering Economic Crisis / Commodities / Copper
Peter Krauth writes: China is about to step on the gas and boost bank lending once again.
That's despite both the IMF and World Bank thinking it's unnecessary.
But concerns of China's growth moderating and housing prices dropping 5% this year aside, this might be the real reason for renewed easing:
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Monday, June 16, 2014
Gold Price Moving Into 1320-1350 Region Before Turning Bearish / Commodities / Gold and Silver 2014
On Gold we are tracking a big triangle placed in wave 4) for a while now which is still incomplete. Recently we have seen a completed wave D at 1240 so now we will focus on another three wave move, this time up in wave E that can retrace even more up to 1320/1350 zone where we will be looking for a bearish reversal signs.
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Sunday, June 15, 2014
We Are So Not Prepared For Another Crude Oil Price Shock / Commodities / Crude Oil
In one sense, energy doesn’t matter all that much to what’s coming. Once debt reaches a certain level, oil can be $10 a barrel or $200, and either way we’re in trouble.
But the cost of energy can still play a role in the timing and shape of the next financial crisis. The housing/derivatives bubble of 2006 -2008, for instance, might have gone on a while longer if oil hadn’t spiked to $140/bbl in 2007. And the subsequent recovery was probably expedited by oil plunging to $40 in 2008.
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Sunday, June 15, 2014
This Week Ahead Should Be a Major Test For Gold / Commodities / Gold and Silver 2014
Gold seems to have found support at 1240, where we saw accumulation form, and has been rallying since. Gold closed the week forming a morning star pattern off the bottom trendline of an ascending triangle. It faces imminent resistance at 1280 -- the top resistance line of the aforementioned triangle -- and the 50 SMA just above that.
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Sunday, June 15, 2014
Silver to Gold Ratio as a Timing Indicator / Commodities / Gold and Silver 2014
We all know the silver to gold ratio is important.
• The ratio is low at silver lows, and high at silver highs, because silver both rallies faster and falls deeper than gold.
• The ratio has been erratic over the past 40+ years but the highs and lows approximately mark turning points in the silver and gold markets.
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Saturday, June 14, 2014
Gold Price Finally Bombed Out / Commodities / Gold and Silver 2014
Gold dropped sharply a couple of weeks ago. Many experts can't explain why, but there are several reasons that make sense...
Safe Haven?
First, gold entered a seasonally slow period. This could last for another month or so but seasonality alone doesn't explain why the decline was so steep and sudden.
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Friday, June 13, 2014
How Much Energy Will the 2014 World Cup Consume? / Commodities / Energy Resources
Along with 3 billion other viewers around the world, I plan to tune in for the month-long World Cup to see whether the 22-year old Neymar can withstand the colossal pressure that has been put upon his shoulders to deliver a win for team Brazil.Every time I turn on my television set, I'm using World Cup-related energy. And that's just the start. Flying in teams, trainers, equipment, World Cup personnel and the estimated 500,000-plus fans will use enormous volumes of jet fuel.
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Friday, June 13, 2014
Gold and Silver Bottoming Out? / Commodities / Gold and Silver 2014
The signs are good. With record short positions in gold and silver, hedge funds and algorithmic traders should be worried at the lack of price confirmation: gold is holding well above its bear-market lows and silver is refusing to weaken into new low ground.
The first chart is of the Managed Money short positions in gold futures on Comex, and the second is of silver futures.
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Friday, June 13, 2014
Gold and Silver Stocks Begin Next Leg Higher / Commodities / Gold and Silver Stocks 2014
Yes you read that correctly. The miners have begun another leg higher because the evidence strongly supports the view that they have formed a higher low. Only time will tell for sure but the evidence is quite strong. It seems that every analyst was calling for a July low. I felt strongly that the miners would make their next low after Gold broke below $1200. I was far more confident in the bullish case at the June 2013 and December 2013 bottoms. I was even skeptical after Tuesday’s upside explosion. However, the weight of the evidence today argues that the miners have made a higher low and are starting their next leg higher.
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Thursday, June 12, 2014
Gold Junior Miners Breaking Through Resistance to The Upside / Commodities / Gold and Silver Stocks 2014
The gold (GLD) and silver (SLV) price may be reversing over the next couple of weeks. The junior miner gold ETF (GDXJ) is reversing above the 50 day moving average and breaking above its recent three month downtrend.Read full article... Read full article...
Thursday, June 12, 2014
BRICS Gold Central Bank Outpost / Commodities / Gold and Silver 2014
While the West has been mesmerized by the chaos in Ukraine, surely to become an implosion site, while attention has been directed on the Negative Interest Rate Policy coming into view, surely to become the norm for banker skimming on yields, while focus has been on Spain's royalty in abdication, surely a change of the dark nobility guard, the Jackass has yawned and turned the view toward Saudi Arabia, surely a significant event on their fund news. They have announced a new sovereign wealth fund to be established, independent of their central bank, devoted to prudent investment. Read Gold investment. The indication is clear movement away from the USDollar and USTreasury Bond complex.
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Thursday, June 12, 2014
The World's Five Most Important Oil Fields / Commodities / Crude Oil
Much has been made about the role that hydraulic fracturing – or fracking -- has played in revolutionizing the energy landscape, unlocking vast new reserves of oil trapped in shale rock. This "tight oil" is pouring into the global pool of oil supplies at a crucial time, preventing oil prices from spiking in an age of high demand and geopolitical turmoil.
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Thursday, June 12, 2014
Gold & Silver Miners Break Out Despite U.S. Dollar's Rally / Commodities / Gold and Silver Stocks 2014
Briefly: In our opinion no speculative positions in gold, silver and mining stocks are justified from the risk/reward perspective.
The precious metals market moved higher yesterday, which was in tune with what we've been expecting. The key question is if gold, silver and mining stocks have completed their rally or are they still likely to move higher before turning south again.
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Wednesday, June 11, 2014
What Gold Investments Casey Research Staff Are Buying This Summer / Commodities / Gold and Silver 2014
I ran across a business show last week that advertised that its guests would give out stock picks. That piqued my curiosity, so I watched to see what they would recommend.
For disclosure purposes, a chart was shown that listed if the speaker, his family, his fund, or his clients owned the stock. By the end of the show, I was flabbergasted—not one speaker owned any stock they recommended!
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