Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, September 06, 2017
Bitcoin Falls 20% as Mobius and Chinese Regulators Warn / Commodities / Gold and Silver 2017
By: GoldCore
– Bitcoin falls 20% as Mobius and Chinese regulators warn
– “Cryptocurrencies are beginning to get out of control” – warns respected investor Mark Mobius
– Mobius believes governments will begin to clamp down on cryptocurrencies sparking rush to gold
– Yesterday China’s PBOC ruled Initial Coin Offerings (ICOs) are illegal and all related activity to halt
– China is home to majority of bitcoin miners
– Paris Hilton latest celebrity to support an ICO
– Gold’s return of 16% YTD look ‘dull’ or ‘stable’?
– Bitcoin fell 23%, now down 16% from $5,000 high
Wednesday, September 06, 2017
How EIA Guestimates Keep Crude Oil Prices Subdued / Commodities / Crude Oil
By: OilPrice_Com
The EIA has once again undercut its previous estimates for U.S. oil production, offering further evidence that the U.S. shale industry is not producing as much as everyone thinks.
The monthly EIA oil production figures tend to be more accurate than the weekly estimates, although they are published on several months after the fact. The EIA just released the latest monthly oil production figures for June, for example. Meanwhile, the agency releases production figures on a weekly basis that are only a week old – the latest figures run up right through August.
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Tuesday, September 05, 2017
Gold Price’s Bullish Movement Extended To 1339.69 / Commodities / Gold and Silver 2017
By: Franco_Shao
XAUUSD extended its bullish movement from 1204.77 to as high as 1339.69, breaking above the November 2016 high of 1337.28 resistance. Further rise is still possible in a couple of weeks.
Tuesday, September 05, 2017
Gold Proprietary Cycle Indicator 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.
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Monday, September 04, 2017
Gold Surges To $1338 as U.S. Warns North Korea of ‘Massive’ Military Response / Commodities / Gold and Silver 2017
By: GoldCore
– Safe haven gold extends rally to 11-month high after North Korea nuke test and U.S. warns of ‘massive’ response
– Asian and European stocks fall, bonds flat, gold, silver, palladium, Swiss franc rise as Korea tensions flare as North Korea tests ‘hydrogen bomb’
– North Korea prepares for possible ICBM launch says S. Korea
– U.S. warns of ‘massive,’ ‘overwhelming’ military response to North Korea after meeting with Trump
– Trump weighing new economic sanctions that target China
– Gold is consolidating above the $1,300/oz key resistance level and building on 4% gain seen in August
Monday, September 04, 2017
When and how to invest in the commodity market – Taking a balanced step forward / Commodities / Commodities Trading
By: Boris_Dzhingarov
Commodity prices usually soar higher during inflationary periods. There are times when the economy goes through soaring levels of inflation, just like it happened in 1970s. During that period, interest rates surged up to 18% to fight against the levels of inflation and the prices of commodities reached their record high levels. However, it is not that all periods of inflation have to be so extreme but at the same time it is true that commodities usually perform well when there is mild inflation in the country. Read full article... Read full article...
Sunday, September 03, 2017
Gold Breakout & Upside Price Targets / Commodities / Gold and Silver 2017
By: Jordan_Roy_Byrne
Gold cleared $1300 early in the week and padded its gains on Friday even amid a bullish weekly reversal in the US Dollar. Gold’s breakout was validated by a strong monthly close on Thursday and then a strong weekly close Friday. As predicted, the miners perked up with the breakout in Gold. GDX and GDXJ gained nearly 6% and 7% respectively for the week. Look for the miners to continue to trend higher as Gold attempts to retest its 2016 highs around $1375/oz.
Saturday, September 02, 2017
Silver Junior Mining Stocks 2017 Q2 Fundamentals / Commodities / Gold and Silver Stocks 2017
By: Zeal_LLC
The silver miners’ stocks have largely languished this year, grinding sideways near lows for months on end. This vexing consolidation has fueled near-universal bearishness, leaving silver stocks deeply out of favor. But once a quarter when earnings season arrives, hard fundamentals pierce the obscuring veil of popular sentiment. The silver miners’ recently-reported Q2’17 results reveal today’s silver prices remain profitable.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. These are generally due by 45 days after quarter-ends in the US and Canada. They offer true and clear snapshots of what’s really going on operationally, shattering the misconceptions bred by the ever-shifting winds of sentiment. There’s no silver-miner data that is more highly anticipated than quarterlies.
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Saturday, September 02, 2017
Technology Is Already Eliminating Driver Jobs—Here’s How to Trade It / Commodities / AI
By: John_Mauldin
BY PATRICK WATSON : Everyone is worried about robots. Elon Musk fears they will kill us all if we give them both deadly weapons and autonomy.
He certainly has a point, but the non-lethal scenarios are no picnic either. Robots are already taking over human jobs at a rapid pace. Robots are already taking over human jobs at a rapid pace.
Worse, artificial intelligence (AI) systems threaten even “knowledge worker” jobs now.
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Saturday, September 02, 2017
Precious Metals Outperform Markets In August – Gold +4%, Silver +5% / Commodities / Gold and Silver 2017
By: GoldCore
– All four precious metals outperform markets in August
– Gold posts best month since January, up nearly 4%
– Gold reaches highest price since US election, climbs due to uncertainty and safe haven demand
– S&P 500 marginally higher; Euro Stoxx, Nikkei lower for month
– Platinum is best performing metal climbing over 5%
– Palladium climbs over 4% thanks to seven year supply squeeze
– Fear, uncertainty and political sanctions are amongst biggest drivers for precious metals
– Never been a better time to diversify and rebalance portfolios with stocks and bonds near record highs and looking vulnerable
Friday, September 01, 2017
13 Reasons Why to Own Gold After Breaking Above $1300 / Commodities / Gold and Silver 2017
By: Submissions
Michal Matovcik writes: Gold is showing decent strength going into the end of summer breaking above strong psychological and technical level of $1300 per ounce which can finally confirm the beginning of long-term bull market. At the same time, gold reached new highs for 2017.
There is no lack of fundamentals supporting the move upwards. But as gold traders got used to during recent years, the "fat fingers" smashing gold to the downside during ridiculous trading hours in low liquidity markets has no limits. So I always remember the old saying used by many long time traders, "Markets have the ability to stay irrational longer than our accounts solvent".
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Friday, September 01, 2017
Copper Strong, Good News for Chile, Bad News for the US / Commodities / Copper
By: Metals_Report
Technical analyst Clive Maund analyzes why the rising copper price is good news for Chile.
Copper is looking strong, apparently due in part to China stockpiling it, and this of course augurs well for the Precious Metals, especially silver, as copper "shows the way," which is why it is known as Dr. Copper. As we can see on its 5-year chart, it has already broken out of a Head-and-Shoulders bottom to enter a bullmarket. Right now it is overbought and has resistance to work its way through, so periods of consolidation are to be expected.
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Friday, September 01, 2017
Three Oil & Gas Names for Volatile Times in the Energy Sector / Commodities / Oil Companies
By: The_Energy_Report
With oil and gas prices not easy to predict, Samuel Pelaez, chief investment officer and portfolio manager of Galileo Funds, explains the algorithms that track "quantamentals," and discusses several companies that he expects to outperform.
The Energy Report: Sam, you employ what you call "quantamental" models. Would you explain what they are?
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Thursday, August 31, 2017
4 Reasons Why “Gold Has Entered A New Bull Market” – Schroders / Commodities / Gold and Silver 2017
By: GoldCore
– 4 reasons why “gold has entered a new bull market” – Schroders
– Market complacency is key to gold bull market say Schroders
– Investors are currently pricing in the most benign risk environment in history as seen in the VIX
– History shows gold has the potential to perform very well in periods of stock market weakness (see chart)
– You should buy insurance when insurers don’t believe that the “risk event” will happen
– Very high Chinese gold demand, negative global interest rates and a weak dollar should push gold higher
Wednesday, August 30, 2017
Gold Reset To $10,000/oz Coming “By January 1, 2018” – Rickards / Commodities / Gold and Silver 2017
By: GoldCore
– Trump could be planning a radical “reboot” of the U.S. dollar
– Currency reboot will see leading nations devalue their currencies against gold
– New gold price would be nearly 8 times higher at $10,000/oz
– Price based on mass exit of foreign governments and investors from the US Dollar
– US total debt now over $80 Trillion – $20T national debt and $60T consumer debt
– Monetary reboot or currency devaluation seen frequently – even modern history
– Buy gold eagles, silver eagles including monster boxes and gold bars
– Have a 10% allocation to gold, smaller allocation to silver
Wednesday, August 30, 2017
A Very Good Day for Gold / Commodities / Gold and Silver 2017
By: Clive_Maund
What happened yesterday in the gold market was VERY bullish. After looking like it was topping out at its April and June highs, gold surged through them. While we were wary of it topping out here like a lot of traders, we definitely have a handle on the big picture which couldn't be more positive, with the dollar set to crash as it heads towards loss of its reserve currency status, and a slowly dawning awareness among the hordes of fools holding paper denominated gold, that the only thing that matters is physical possession—if you own paper gold, you could find yourself well and truly out in the cold. You can wave your piece of paper in the air and demand delivery, only to be bluntly informed "Sorry, mate—none left—go ask the Chinese if they'll let you have a little".
Wednesday, August 30, 2017
Alert: Gold Price Breaks Out to New 2017 High / Commodities / Gold and Silver 2017
By: MoneyMetals
Gold’s naysayers and doubters came out in full force earlier this summer as sentiment reached its nadir. The mid-year pullback in prices did, too.
There can be no doubt about it now – gold has broken out of its summer doldrums. On Monday, the yellow metal finally broke through the longstanding $1,300/oz resistance zone to make a new high for the year at $1,316.
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Tuesday, August 29, 2017
Gold Price Surges 2.6% After Jackson Hole and North Korean Missile Launch / Commodities / Gold and Silver 2017
By: GoldCore
– Gold surges as N. Korea fires ballistic missile over Japan
– Safe haven buying sees gold break out to 10-month high after Jackson Hole and rising North Korea risk of attack on Guam
– South Korea’s air force dropped eight MK 84 bombs near Seoul; simulating the destruction of North Korea’s leadership
– Gold rises from $1,291 to $1,325; Silver surges 3.2% from $17.05 to $17.60
– Volatility as seen in VIX surges as stocks fall; FTSE -1.1%
Tuesday, August 29, 2017
Gold and Silver - Shifting the Narrative / Commodities / Gold and Silver 2017
By: The_Gold_Report
Precious metals expert Michael Ballanger discusses gold's breakout and its correlation to the U.S. dollar and cryptocurrencies. For most of the past eight weeks, the financial media have been attempting to tilt the scales of conversation away from the weak macro backdrop in favor of the new initiative on Afghanistan and/or the Trump White House and/or domestic and international terror. As stocks rally in the face of flat earnings growth and rising P/Es, I have noticed an unwavering tendency for dips to be bought firstly by the pre-programmed computer programs, then by traders, and finally by the investing public who continue to behave as instructed by the Behavioral Architects that reside within the Working Group on Capital Markets and execute through the N.Y. Federal Reserve. Similarly, gold now above $1,300 and silver above $17.10 have in the past been faded like old swimsuits as all eyes are glued to the rising open interest and bullion bank aggregate short positions that are historical precursors for criminal takedowns.
Monday, August 28, 2017
The Amount Of Dollars In Existence Relative To The Silver Price Points To Much Higher Prices / Commodities / Gold and Silver 2017
By: Hubert_Moolman
Silver is currently trading around $17 an ounce. This is around 34% of its 1980 all-time high of $50. However, this is an incomplete representation of what silver is really trading at, relative to US dollars. When you look at the silver price, relative to US currency (the amount of actual US dollars) in existence, then it is at its lowest value it has ever been.
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