Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, December 20, 2013

Will Gold and Silver Prices Drop Any Further? / Commodities / Gold and Silver 2013

By: P_Radomski_CFA

Many times in our previous essays we have written that if you want to be an effective and profitable investor, you should look at the situation from different perspectives and make sure that the actions that you are about to take are really justified. Therefore, at the beginning of the month we examined gold and silver mining stocks to find out what kind of impact they could have on precious metals’ future moves. Back then, we concluded that the medium-term outlook for gold was bearish and mining stocks seemed to be leading gold lower. To make sure that our assumptions were correct, we decided to check the chart featuring gold’s price from the non-USD perspective and also from the European perspective. You could read the conclusions in our essay from Dec. 6, 2013.

Friday, December 20, 2013

Silver Price Launchpad / Commodities / Gold and Silver 2013

By: Zeal_LLC

Silver has cratered in 2013, spawning a sentiment wasteland of extreme bearishness.  Yet peak despair is the very best time to buy low.  Silver prices have converged on multiple major secular support zones, an exceedingly bullish technical launchpad.  The white metal is also very cheap relative to gold, which is its primary driver.  All this is setting up silver and the stocks of its miners for a fantastic new upleg in 2014.

I know that is hard to believe this week, with the Fed’s surprise QE3 tapering hammering the precious metals.  Literally all year long, the tapering hysteria has sparked numerous selloffs in gold and silver.  And this week the actual taper is pounding silver down to retest its deep late-June low.  Schizophrenic futures traders believe not only are QE3’s inflationary debt monetizations bearish for silver, but so is the end of them!

Friday, December 20, 2013

Gold Price Breaking Below $1200, Silver $19 / Commodities / Gold and Silver 2013

By: Alasdair_Macleod

This was the week the Federal Open Market Committee decided to start tapering. The result was gold traded below $1200 yesterday for the first time in nearly six months, and silver pulled back to $19.10.

Friday, December 20, 2013

Spinning Straw into Silver and Gold / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

World financial markets are poised for a major phase transition. We are witnessing a bubble trifecta where a bubble in bonds, equities, and housing are beginning inflate beyond sustainability, which poses a very real threat to what is left of the real economy. Add to this that the underlying unit of measure is a currency backed by debt and politics.

Friday, December 20, 2013

Five Hidden Drivers That Will Slingshot Gold Price to $2,500 / Commodities / Gold and Silver 2014

By: Money_Morning

Peter Krauth writes: What we're seeing - and what I will show you today - is the unstoppable chain-reaction of conditions that's about to unfold in the gold market.

It's time to move on this. This capital wave could lead to the biggest sustained moneymaking opportunity of your lifetime, if you know exactly how to play it.

Friday, December 20, 2013

Bitcoin's Five Big Advantages Over Gold / Commodities / Bitcoin

By: Money_Morning

Michael A. Robinson writes: I strongly believe that everyone should own some physical gold. It's been the store of value, and the preferred method of asset protection for more than 5,000 years. It's irreplaceable.

But I also believe that every investor ought to own at least some of the new digital money known as bitcoin.

You see, most of the people buying bitcoin are interested in the explosive growth potential the new "currency" offers, as more and more retailers, CEOs, and governments embrace it.

Friday, December 20, 2013

Gold and Silver Bear Market is in its Final Throes / Commodities / Gold and Silver 2013

By: Jordan_Roy_Byrne

The Fed decision was the catalyst for the final breakdown in precious metals. On Thursday Gold closed at a new low, below $1200 and the gold shares also closed at a new low. Last week we wrote: “The bulk of the evidence leads me to believe that we probably have not seen the bottom though we are very close…..Bottoms can happen in an instant or develop through a basing process. Huge immediate rebounds originate from extreme oversold conditions. We don’t have that at the moment.”

Friday, December 20, 2013

What the Fed Taper Means for Crude Oil Prices / Commodities / Crude Oil

By: Money_Morning

Dr. Kent Moors writes: Yesterday afternoon, after much gnashing of teeth, the Fed finally revealed its long awaited taper plans…

And the DOW jumped by almost 300 points.

Now, the taper itself is small to start – just a $10 billion reduction for the month of January. But the announcement was coupled with a pledge to keep the fed funds rate at zero beyond the 6.5% unemployment threshold.

Thursday, December 19, 2013

Silver Bells May Soon Be Ringing for Investors / Commodities / Gold and Silver 2013

By: Investment_U

Sean Brodrick writes: They say that a bell never rings at the top and the bottom of the market. But there’s some real jingling going on in silver right now. And it may just be the start of something big. Could you profit from it? Yes!

There’s no denying that silver took a beating in 2013. Recently it was down 33.6% for the year, even worse than gold’s abysmal 25% loss. Clearly, investors hate silver.

Thursday, December 19, 2013

What Does Tapering Mean for Gold and Silver? / Commodities / Gold and Silver 2013

By: Alasdair_Macleod

Now we know: The Fed is going to purchase $75bn of assets, a reduction of $10bn a month. The two other bits of information that came from the FOMC meeting were that purchases of US Treasuries and mortgage bonds are to be cut by $5bn each, and interest rates will be held at zero for even longer. And to justify zero interest rates, the unemployment target is being shifted from 7% to 6.5%.

Thursday, December 19, 2013

Fed Tapering Whacks Gold and Spooks China / Commodities / Gold and Silver 2013

By: Adrian_Ash

WHOLESALE London gold sank against all currencies Thursday morning, falling 1.9% vs. the Dollar to hit 6-month lows after initially trading flat overnight despite the US Fed finally reducing its $85 billion per month in asset purchases.

Cutting next month's quantitative easing of US mortgage and longer-term government bond rates to $75bn, the Fed pointed to "growing underlying strength in the broader economy."

Thursday, December 19, 2013

Gold, Silver and HUI Stocks Diamond Patterns / Commodities / Gold and Silver 2013

By: Rambus_Chartology

Lets get right to the charts tonight as everything seems to be going according to plan so far. Today’s move in gold seemed volatile but when you look at the daily chart, the price action fit right into another little Diamond consolidation pattern, that has formed just below the bigger blue Diamond consolidation pattern. When you look at the very last bar on the chart below you can see the high today came right up to the top rail on the right side of the Diamond and then fell away. Then just towards the end of the day it broke through the bottom rail. So it looks like our small consolidation phase maybe coming to an end. If we get a backtest tomorrow, to the bottom red rail, it would be a good low risk entry point to add another small bite to your existing position.

Wednesday, December 18, 2013

Fed Policy Change That Will Increase the Gold Price / Commodities / Gold and Silver 2013

By: Douglas_French

For investors having a rooting interest in the price of gold, the catalyst for a recovery may be in sight. "Buy gold if you believe in math," Brent Johnson, CEO of Santiago Capital, recently told CNBC viewers.

Johnson says central banks are printing money faster than gold is being pulled from the ground, so the gold price must go up. Johnson is on the right track, but central banks have partners in the money creation business—commercial banks. And while the FFed has been huffing and puffing and blowing up its balance sheet, banks have been licking their wounds and laying low. Money has been cheap on Wall Street the last five years, but hard to find on Main Street.

Wednesday, December 18, 2013

Why 2014 to be Better for Silver Price - Video / Commodities / Gold and Silver 2013

By: David_Morgan

Precious metals expert David Morgan says, “I think 2014 is going to be better for both the metals.” Morgan is not “exceedingly bullish” on gold and silver, but he says, “If a black swan were to take place, all bets are off. This is where you could get limit-up days in gold and silver and never look back.”

On the stock market, Morgan warns, “The insiders are already out . . . They’ve left the patsies holding the bag, which is the general public for the most part.” Morgan goes on to say, “As the general market goes down, you are going to see gold go up.”

Wednesday, December 18, 2013

U.S. Energy Renaissance / Commodities / Fracking

By: Frank_Holmes

As we come to the end of 2013, it's a good time to reflect on some of the biggest resources stories of the year. One that immediately comes to mind is the U.S. energy resurgence and its tremendous effect on oil and gas.

Only a few years ago, we were contemplating the supply constraints facing the petroleum industry, as many major oil fields around the world were declining in production. Now, with the disruptive technology in shale oil and gas, we may be looking forward to decades of drilling.

Wednesday, December 18, 2013

Gold Investors: Take the Red Pill! / Commodities / Gold and Silver 2013

By: DeviantInvestor

We make choices in our thinking, lifestyle, savings, and investments. We can look reality squarely in the face and swallow the red pill (from the movie - "The Matrix"). Or, we can swallow the blue pill with a healthy slug of whisky, continue riding the roller coaster of mass delusion, and go back to watching "Reality TV" and the evening news. Either way we will experience the consequences of our actions and our thinking.

Wednesday, December 18, 2013

Collapse Looming for Crude Oil Market in 2014? / Commodities / Crude Oil

By: Pravda

Foreign experts provide devastating forecasts for the oil market and believe that the conflicts in the Middle East would affect the value of "black gold." According to the experts, price per barrel will fall at least five times. One of the major players, the Russian Federation, will then be in a disadvantaged position. However, Russian experts were quite amused by these forecasts.

Tuesday, December 17, 2013

Is JP Morgan Ending Its Death Grip On The Gold Market? / Commodities / Gold and Silver 2013

By: GoldSilverWorlds

In this excerpt, precious metals market analyst Ted Butler describes an important evolution going on in the gold market. It has the potential to become a game changer. Although a continuation of this trend is required, it is an encouraging sign for precious metals bulls. This article was published in Ted Butler’s latest newsletter to its premium subscribers.

Tuesday, December 17, 2013

Further Declines or Rally for Crude Oil Stocks? / Commodities / Oil Companies

By: Nadia_Simmons

In our previous commentary, we examined the situation in oil stocks. Back then, we wrote in the summary:

(...) the outlook for oil stocks remains bullish and the uptrend is not threatened, however, taking into account the medium- and short-term sell signals, further deterioration should not surprise us.

Since that essay was published, we have seen a downward move which took the oil stock index below 1,440. Did this weakness change anything in the overall outlook?

Tuesday, December 17, 2013

More ETF Gold at Risk Sub-$1200 Says Barclays Capital / Commodities / Gold and Silver 2013

By: Adrian_Ash

YESTERDAY'S rise of $15 per ounce in gold was erased Tuesday morning in Asia and London, as the US Dollar rose and world stock markets held flat overall.

Trading back at last week's closing level of $1238 per ounce, gold tracked broader commodity markets, where Brent crude oil retreated to $109 per barrel.