Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Saturday, October 14, 2017

Yuan and Gold / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

In the previous editions of the Market Overview, we have already analyzed the relationship between gold and some major world currencies, such as the U.S. dollar, the euro, or the Japanese yen. But what is the link between the Chinese yuan (officially: renminbi) and the yellow metal? Let’s check it out.

Friday, October 13, 2017

US Dollar Outlook and What it Means for Gold / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

The US Dollar Index (USDI) bottomed in September a hair below 91.00 and has recently rallied up to 94. We were skeptical Gold would break its 2016 highs as it failed to show strong performance in the wake of the USDI’s decline to new lows. The market was discounting a coming rebound in the USDI and/or future weakness in Gold. In any event, although the USDI broke key levels which leave its bull market in question, it became quite oversold and was due for a sustained rebound.

Friday, October 13, 2017

Golden Age for GOLD, Dark Age for the Stock Market / Commodities / Gold and Silver 2017

By: Enda_Glynn

I read that Christine Lagarde was out warning the world about the inherent risks in the global economy today.
It is all the more comical because she tempered her statement,
By saying that 2017 was on track to be the best year of the decade so far.

Well of course it is!
2007 was the best year of the decade before the last collapse happened.
1999 was a fantastic year before the dotcom bubble burst.
And I hear that 1928 was a stellar year, choc full of good news and great achievement!

Thursday, October 12, 2017

DJ Commodity Index is Supporting Higher GOLD / Commodities / Gold and Silver 2017

By: ElliottWave-Forecast

The Dow Jones Commodity Index is a broad measure of the commodity futures market that emphasizes diversification and liquidity through a equal-weighted approach. It doesn’t allow any sector to make up more than 33% of its portfolio or any single commodity to make up more than 15%.

Wednesday, October 11, 2017

Young Guns of Gold Podcast – ‘The Everything Bubble’ / Commodities / Gold and Silver 2017

By: GoldCore

– Young Guns of Gold Podcast – ‘The Everything Bubble’
– Precious Metal Roundtable discuss gold in 2017 and outlook
– Gold +9.1% year to date; Performing well given Fed raising rates, lack of volatility and surge in stock markets
– “People are expecting too much from gold”
– Economy: Inflation indicators, recession on the horizon, global debt issues
– Global demand: ETF inflows, Russia central bank purchases, Germany investment figures and international coin demand bode well for gold

Wednesday, October 11, 2017

Oil Breaking Out, But the Money Is Elsewhere, Lithium / Commodities / Lithium

By: The_Energy_Report

Tom Beck, founder of Portfolio Wealth Global, discusses the energy sector and highlights one commodity that he says appreciates when oil becomes overpriced.

One resource industry dwarfs the rest of them put together: energy.

The mega-shift of the 21^st century is urbanization. For the first time in human history, more people live in cities than in rural areas. The consequences of this pivotal moment are attracting billionaire moguls across the globe, and they are all looking for a profit center to attach themselves to.

Wednesday, October 11, 2017

The “Amazon Effect” Is Coming To Oil Markets / Commodities / Oil Companies

By: OilPrice_Com

While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and gas: the era of the digital oil field.

Much talk has revolved around how software can completely transform the energy industry, but until recently, it was just talk. Now, things are beginning to change, and some observers, such as Cottonwood Venture Partners’ Mark P. Mills, believe we are on the verge of an oil industry transformation of proportions identical to the transformation that Amazon prompted in retail.

Tuesday, October 10, 2017

Gold and Silver Report – Several Interesting Charts / Commodities / Gold and Silver 2017

By: Peter_Degraaf

The Gold Direction Indicator has just turned positive again, at 71%.

Featured is the daily gold chart. Price found support on Friday and produced an upside reversal. Then on Monday gold began to break out at the downtrendline. A close above the blue arrow will confirm the breakout with a target at $1360. The supporting indicators are positive, as well as the moving averages which are in positive alignment and rising. The Gold Direction Indicator closed at 71%.

Tuesday, October 10, 2017

The S&P Is A Bloated Corpse / Commodities / Gold and Silver 2017

By: Raul_I_Meijer

According to Hyman Minsky, economic stability is not only inevitably followed by instability, it inevitably creates it. Complacent humans being what they are. If he’s right, and would anyone dare doubt it, we’re in for that mushroom cloud on the financial horizon. We know that because market volatility, as measured for instance by the VIX, the Chicago Board Options Exchange (CBOE)’s volatility index, is scraping the depths of the Mariana trench.

Two separate articles at Zero Hedge this weekend, one by NorthmanTrader.com and one by LPLResearch.com, address the issue: it is time to be afraid and wake up. And that is not just true for investors or traders, it’s true for ‘everyone out there’ perhaps even more. Central bank policies, QE and ultra low rates, have distorted the financial system to such an extent -ostensibly in an attempt to save it- that the depressed, compressed volatility these policies have created can only come back to life with a vengeance.

Tuesday, October 10, 2017

Are Gold and the US Dollar Rallying Together? / Commodities / Gold and Silver 2017

By: Clive_Maund

Technical analyst Clive Maund examines the relationship between the dollar and precious metals.The last gold Market update almost a month ago called the intermediate top within a day, as you may recall, and the subsequent Gold and U.S. Dollar called the rally in the dollar the day before it started. Having seen a significant reaction back by gold, the question now is "Has it run its course?" The short answer to that is yes, although calling a bottom here is complicated by the fact that gold's COTs have not eased as much on the reaction as we might have expected, and the dollar Hedgers' chart is still flat out bullish for the dollar. What this means is that we may need to see some bottoming action by gold, even if it soon breaks out of its rather steep short-term downtrend, and another possibility that we will examine is that the dollar and gold rally in tandem, a rare circumstance that could be occasioned by an extreme development such as an attack on North Korea, although if this happens the peoples of Seoul and Tokyo will doubtless have more important things to think about than the price of gold.

Monday, October 09, 2017

Is Silver Turning? / Commodities / Gold and Silver 2017

By: The_Gold_Report

Technical analyst Clive Maund discusses movements in the silver price. The last Silver Market update almost a month ago called the intermediate top within a day, as you may recall, and it has back to the extent predicted in that update.

There was more evidence of a turn in silver than gold on Friday, when a more obvious reversal candle appeared on its chart. On the 6-month chart we can see that a long-tailed candle occurred that approximates to a bull hammer where the price closed not far off the day's highs on the biggest volume for over a month. After its recent reaction this certainly looks like a reversal, especially as the downtrend channel has been converging. The earlier overbought condition has more than fully unwound and the price has dropped back into a zone of support.

Monday, October 09, 2017

Bitcoin Needs Electricity, Gold CONDUCTS Electricity / Commodities / Gold and Silver 2017

By: MoneyMetals

Mike Gleason: It is my privilege now to welcome in Frank Holmes, CEO and Chief Investment Officer at US Global Investors. Mr. Holmes has received various honors over the years, including being named America's Best Fund Manager for 2016 by the Mining Journal. He is also the co-author of the book The Goldwatcher: Demystifying Gold Investing and is a regular guest on CNBC, Bloomberg, Fox Business as well as right here on the Money Metals podcast. Frank, welcome back and thanks for joining us again. How are you today?

Monday, October 09, 2017

Gold and Silver on Major Buy Signal, The Cycle is Up / Commodities / Gold and Silver 2017

By: The_Gold_Report

Technical analyst Jack Chan charts the latest moves in the gold and silver markets.

Our proprietary cycle indicator is up.

Monday, October 09, 2017

If 'Bottoming Pattern' Develops, Oil Bear Market May Be Over / Commodities / Crude Oil

By: The_Gold_Report

Technical analyst Jack Chan charts the latest moves in the oil and gas markets.

$OSX is on a major sell signal.

Sunday, October 08, 2017

Gold Price Readying to Rally / Commodities / Gold and Silver 2017

By: Zeal_LLC

Gold suffered a sharp pullback this past month, spawning bearish sentiment.  Futures speculators fled on surging Fed-rate-hike odds and new stock-market record highs.  That pounded gold lower despite strong investment demand.  This healthy sentiment-rebalancing retreat has left gold ready to rally again.  Both its technicals and seasonals are very bullish, and futures speculators’ selling overhang has considerably abated.

On September 7th, gold powered 1.1% higher to $1348.  That was exactly a 1.0-year high, gold’s best level seen since before Trump’s surprise election victory and the resulting extreme Trumphoria stock-market rally.  But since gold had surged 4.9% higher in less than two weeks, greed was mounting again.  So a couple trading days later, gold started selling off sharply and birthed this past month’s pullback.

Sunday, October 08, 2017

Gold Price in Q3 2017 / Commodities / Gold and Silver 2017

By: Arkadiusz_Sieron

The third quarter of 2017 was positive for the gold market. The yellow metal has gained more than 3 percent between July and the end of September. As one can see in the chart below, the price of gold jumped above $1,300 for a while and even approached the 2016 highs.

Friday, October 06, 2017

Graphite Seeing Some Upward Movement / Commodities / Graphene

By: The_Gold_Report

With graphite prices starting to move upward, Ron Struthers of Struther's Resource Stock Report provides a primer on graphite and discusses his evaluation method for graphite companies.

Lithium, graphite, vanadium, cobalt and other metals have been or are all starting to move higher. The graphite market has shown its first sign of life in a few years with some upward price pressure.

Friday, October 06, 2017

3 Billion Yahoo Accounts Hacked - Cyber Risk Highlights Gold's Importance / Commodities / Gold and Silver 2017

By: GoldCore

– Yahoo admits every single one of 3 billion accounts hacked in 2013 data theft
– Equifax hacking and security breach exposes half of the U.S. population
– Some 143 million people vulnerable to identity theft
– Deloitte hack compromised sensitive emails and client data
– JP Morgan hacked and New York Fed hacked and robbed
– International hacking group steals $300 million
– Global digital banking  and financial system not secure

Thursday, October 05, 2017

Electric Cars Oil Paradigm Shift Dead Ahead / Commodities / Crude Oil

By: Spock

The Chinese are holding their next national congress assembly from 18th October. This is a major event where macro policy for China is agreed and implemented. On the agenda will be the electrification of national road transport, with a plan to be all electric by 2050. This will achieve two objectives: Reduce pollution in the major cities and to be the global leader in the electric vehicle (EV) technology, and associated technologies. The Chinese are also building the infrastructure around the concept, including a huge electric grid upgrade across the country over the next 10 years, to cope with the additional load.

Thursday, October 05, 2017

Why is Gold Demand Weak? / Commodities / Gold and Silver 2017

By: GoldSilver

Jeff Clark : I gave a presentation to some corporate board members recently, and they had one primary question on their mind. Why is overall gold demand weak?

These are smart people. They’re successful, both professionally and with their investments. They even believe in owning a little gold. But they’ve been puzzled by the significant drop in demand for physical metal. They had some ideas, which were mostly right, but their main concern was if they were overlooking some critical factor that was making other investors ignore gold.