Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, March 19, 2014
Copper Capitulation / Commodities / Copper
By: Ed_Carlson
Copper lost an additional 4.50% last week bringing the three week loss to a total of 9.68% - the biggest three week drop since October 2011. Thursday’s intra-day low of 2.99 was only 0.03 from my price target of 2.96.
The Coppock Curve (not shown) has reached a level seen at previous bottoms in copper. Given the proximity of last week’s low to my price target and the explosion of volume in the copper ETF, JJC, I’d say that was the bottom of the decline in copper. However, if 2.96 is broken, all bets are off!
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Wednesday, March 19, 2014
Gold and Silver Price Fall on Huge Volume / Commodities / Gold and Silver 2014
By: P_Radomski_CFA
Briefly: In our opinion short speculative positions (half) in silver and mining stocks are justified from the risk/reward perspective.
The precious metals sector declined yesterday, which was likely to happen regardless of many factors pointing to a different conclusion, or simply because the precious metals sector was overvalued. The question is if we (charts courtesy of http://stockcharts.com) think that lower precious metals values are likely:
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Tuesday, March 18, 2014
Gold and the Brave New Deviant World / Commodities / Gold and Silver 2014
By: DeviantInvestor
Consider our economic world from two perspectives:
- The Deviant View - as represented by those who visit deviantinvestor.com, read alternate media, are skeptical of the "official" news, and who critically examine the financial world.
Monday, March 17, 2014
Should You Buy Stocks Right Now Or Wait? / Commodities / Gold and Silver Stocks 2014
By: Submissions
Boris Dzhingarov writes: Every player in the stock market realizes that we are faced at real time highs. Whenever something like this is visible, it is hard to realize if it is smart to buy stocks or not. You might end up becoming rich over night or poor as the market crashes. While many believe that corrections will soon appear, others state that it is a great time to buy as markets will continue to grow. So, what are the options that we have?
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Monday, March 17, 2014
Why I’d Still Stay Away from Bitcoin / Commodities / Bitcoin
By: DailyGainsLetter
Mohammad Zulfiqar writes: “I think the stock market is getting into the overbought territory. Gold is due for a pullback. To be honest, I don’t see many opportunities out there other than bitcoins.” These were the words of wisdom from my good old friend Mr. Speculator. While most have forgotten about the virtual currency, Mr. Speculator thinks there’s an opportunity.
Monday, March 17, 2014
What’s Happening in the Copper Market Should Alarm You… / Commodities / Copper
By: DailyGainsLetter
Sasha Cekerevac writes: There is something going on right now in the copper market that should alarm you. Over the past week, the price of copper has plunged, recently hitting a four-year low.
Why should this matter?
Most investors and analysts are placing bets that economic growth is about to re-accelerate globally. Never before has the world been so interlinked, so we must pay attention to what is occurring internationally.
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Monday, March 17, 2014
Can Gold and Interest Rates Move Higher at the Same Time? / Commodities / Gold and Silver 2014
By: Matt_Machaj
Can the gold price be fundamentally related to some other economic variables? Can we use those variables successfully in trying to predict the future price of gold? Is gold highly correlated with any of those variables?
Last year a very insightful and interesting working paper was published in the webpages of the National Bureau of Economic Research by Claude Erb and Campbell Harvey. The paper is mostly about gold being perceived as either a safe haven or an inflation hedge. After a while it sparked various discussions about gold not being what it is thought of. And rightly so. As we have already mentioned many times in the Market Overviews, gold is not historically an inflation hedge device which will protect you against possible inflation. Of course the special case for the gold price could be a hyperinflationary scenario.
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Monday, March 17, 2014
Aging Stocks Bull Market Is Igniting Commodity Sectors Rally / Commodities / Resources Investing
By: Money_Morning
Peter Krauth writes: Markets clearly move in cycles, and commodities are no exception.
In fact, resources as an asset class are prone to the most extreme examples...
The good news is that recognizing and embracing these boom/bust cycles can make for huge profits.
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Monday, March 17, 2014
Gold Price Moves Into Important Fibonacci Zone / Commodities / Gold and Silver 2014
By: Gregor_Horvat
Gold is at the highs once again, testing 1380-1400 area where we see some important Fibonacci levels that could react as resistance in this week. An updated count now shows a five wave move in wave (c) of C that is in final stages after recent break out of a running triangle in subwave four.
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Monday, March 17, 2014
Three Breakouts in Gold and Silver Stocks / Commodities / Gold and Silver 2014
By: Rambus_Chartology
I’ve shown you several comparison charts with the HUI, GLD and SLV that shows they all tend to breakout at roughly the same time. One can sometimes be stronger than the others but they tend to breakout at the same time. This week was no exception. All three broke out of their consolidation patterns this week. Who would have thunk it.
Monday, March 17, 2014
Gold’s Protection Against Counterparty Risk Is Coming Alive / Commodities / Gold and Silver 2014
By: GoldSilverWorlds
History repeats itself. Although it does not repeat exactly in the same way, it rhymes. Consider this, exactly one year ago, on March 16th, Cyprus reached the newswires globally with the announcement of its bank bail-ins.
One year later, the geopolitical escalation between Ukraine and Russia is front stage. Just moments ago, the long awaited referendum in Crimea resulted in an overwhelming 95% of votes to join Russia, according to Reuters. The Western world, even before the closing of the referendum, has officially stated that it denies the results.
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Sunday, March 16, 2014
Gold Continues Higher as Mining Stocks Outperform / Commodities / Gold and Silver 2014
By: Jesse
Gold continued punching higher after its breakout, but the less talked about story might be the performance of the mining stocks this year, which has been fairly impressive. I have intraday commentary and some relative performance charts on that here.
With silver lagging a bit it looks like a 'safe haven' trade so far, and some of it has to be a relief rally from the incredibly pounding that the metals have taken since the Germans asked for the return of their gold bullion in late 2012. That apparently tipped over someone's punchbowl, and they unleashed the dogs of currency war.
Sunday, March 16, 2014
Monster Silver Price Rally Brewing / Commodities / Gold and Silver 2014
By: Clive_Maund
On silver's 1-year chart we can see that a fine large Double Bottom is completing. We already had the breakout on good volume from the 2nd trough of this Double Bottom in the middle of February, and it was this event that has (rightly) caused traders to pile into silver, although the price hasn't moved much - yet. The better silver stocks, on the other hand, are already on fire, because the "writing is on the wall". Right now the price is consolidating following the breakout in a fine tight Flag formation, from which upside breakout looks imminent.
Sunday, March 16, 2014
Gold Stocks Golden Rocket – Best of the Breed / Commodities / Gold and Silver 2014
By: Chris_Vermeulen
Gold and gold stocks have be stabilizing for months and have been quietly rising. Many gold stocks are up 30% even 50% in the past three months. The $HUI AMEX Gold Bugs Index is up over 30% from the lows.
If you think you have missed most of the move already you are wrong. The truth is most of the biggest rallies in stocks take place after a basing pattern with 30 -50% or more has formed. This is signaling massive accumulation in gold stocks and its happening right now by the institutions.
Saturday, March 15, 2014
Gold And Silver - Start Watching Fed's Fiat 'Dollar' More Closely For Clues / Commodities / Gold and Silver 2014
By: Michael_Noonan
Saturday The Ides of March 2014
For the past several weeks, our commentaries have dwelled on factors unrelated to what so many other writers have focused, primarily demand from a variety of sources, shrinking supply of physical at COMEX and LBMA, lots of charts and graphs to make interesting presentations, but none of those factors have been instrumental in moving gold and silver to higher levels. Our take has been the suppression of gold and silver has come from the elites running the central banks, and by extension, all Western governments.
Saturday, March 15, 2014
Gold for Investors In Need of Financial Safety / Commodities / Gold and Silver 2014
By: Aden_Forecast
Gold is a safe haven
The emerging market turmoil in January got the safe haven ball rolling. The slowing U.S. economy then added another boost, especially with Yellen keeping the same policies as Bernanke.
And now geopolitical concerns, like the crisis in Ukraine, are giving gold yet another safe haven push upward.
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Friday, March 14, 2014
Gold and Silver Prices To Rise As The U.S. Economy Disintegrates / Commodities / Gold and Silver 2014
By: Steve_St_Angelo
As the U.S. economy continues to disintegrate, increasing numbers of investors will be forced to move out of paper assets and into physical gold and silver to protect their wealth. At first the move will be slow, but as Americans wake up from four decades of fiat monetary amnesia, it will turn into a torrent.
Unfortunately, there won't be much in the way of physical precious metals to "GET" at this time, as the clever Chinese and Easterners already cleared most of the shelves. However, Americans will still be shocked and stunned that they didn't see this big transfer of wealth coming..... and there is a good reason for that. Brain damage.
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Friday, March 14, 2014
Gold Price Rebound Driven by Big Futures Buying / Commodities / Gold and Silver 2014
By: Zeal_LLC
Gold’s strong rebound upleg this year has been driven by big gold-futures buying. After abandoning gold last year, American futures speculators are returning to the yellow metal in droves. These capital inflows are a very bullish harbinger, as major futures buying is the primary fuel for young gold uplegs before investors return to take the baton. And this big gold-futures buying is likely less than half done!
Friday, March 14, 2014
The Best Case For Gold In Years: World War III / Commodities / Gold and Silver 2014
By: Jeff_Berwick
The Ukraine is a cesspool of geo-political posturing, and it poses a great danger to our society. What is going on in the Ukraine is openly admitted by mainstream media to be largely helped along by US taxpayer money via government. This involvement by the US, on Russia's border, is really an act of war. As The Guardian wrote in 2004:
"[...]the campaign [Orange Revolution] is an American creation, a sophisticated and brilliantly conceived exercise in western branding and mass marketing that, in four countries in four years, has been used to try to salvage rigged elections and topple unsavoury regimes[...]The Democratic party's National Democratic institution, the Republicn party's International Republican Institute, the US state department and USAid are the main agencies involved in these grassroots campaigns as well as the Freedom House NGO and billionaire George Soro's open society institute."em>
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Friday, March 14, 2014
Gold, Silver, Blind Men and Golden Elephants / Commodities / Gold and Silver 2014
By: Dr_Jeff_Lewis
"The first rule of mainstream financial journalism and, particularly, financial journalism about gold is never to put a specific critical question about the monetary metal to any of the primary participants in the gold market, central banks. That is, nearly all gold market reporting is, by design, irrelevant distraction at best, disinformation at worst." -Chris Powell, Gold Anti-Trust Action Committee