Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, July 31, 2017
Gold Price Would Test 1300 Resistance / Commodities / Gold and Silver 2017
By: Franco_Shao
XAUUSD recently broke above 1258.78 resistance and continued its bullish movement from the July 10 low of 1204.77, and the bullish movement extended to as high as 1270.81.
Monday, July 31, 2017
Precious Metals Stocks Alert: Gold Powerful Upleg Believed Imminent / Commodities / Gold and Silver 2017
By: Clive_Maund
Clive Maund analyzes the significant increase in Large Spec positions in gold and silver in the past week, and the gold stocks to gold ratio.
The significant increase in Large Spec long positions this past week in gold and silver from a very low level might be cause of concern to some, since it of course increases the risk of a reaction in these metals, but there is another much more positive way of looking at it, which is that, in the face of a continued albeit incremental rise in the prices of gold and silver, the Large Specs have suddenly realized their mistake in bailing out over the past couple of months, and are scrambling to get back on board.
Read full article... Read full article...
Monday, July 31, 2017
... / Commodities / Crude Oil
By: OilPrice_Com
....
Sunday, July 30, 2017
Gold And Silver – Value Remains Irrelevant To Price / Commodities / Gold and Silver 2017
By: Michael_Noonan
Value is subjective, reflective of one’s feelings or opinions. In the minds of those who value gold, throughout the ages and around the world, this precious metal is deemed to have an intrinsic value superior to most other assets. The well-used adjective, intrinsic, is also subjective, construed as essential, belonging naturally in its association with gold. In the end, “intrinsic value” is elusive, a figment of one’s mind.
There are many, and we fall in this camp, who associate gold with an inherent preservation of wealth. This has been true throughout history but with intervening failures during some time frames. Failure may not be the most apt expression, but many detractors are happy to point out those times when gold did not retain its status as a wealth preserver, and in fact, losses were on the table for many who paid a price higher than for what their gold was sold. It happens. The net result of gold being a wealth preserver holds true, but with periodic, and some times substantial, yet temporary, reversals. This time will be no different.
Read full article... Read full article...
Saturday, July 29, 2017
Chinese Leverage To Kill Petro-Dollar / Commodities / Crude Oil
By: Jim_Willie_CB
The Chinese Govt is greatly irritated by the requirement to use USDollars in payment for crude oil in the global market. The Beijing officials finally have some leverage in arranging for a major deal to pay for crude oil in RMB currency, their Yuan. The negotiations have been in progress for a couple months. The development is not covered well in the financial press, not even in the alternative media. It will happen, just a matter of time. Its effect will be far reaching and likely devastating.
Friday, July 28, 2017
Silly Money Printing, Negative Real Rates, & Restricted Supply Form “Great Scenario for Gold” / 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 U.S. 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 today. How are you?
Read full article... Read full article...
Friday, July 28, 2017
Weakening US Economy Could Ignite Rally in Gold / Commodities / Gold and Silver 2017
By: HAA
John Grandits : One possible effect of the “America First” approach the Trump Administration vowed to take was a weaker US dollar. Shortly after we wrote about this earlier this year, the dollar index began a steady march lower, retreating 7% in just five months, from 102 in March to its current level of 95.
Not surprisingly, gold has risen almost 10% in US dollar terms during this time.
Read full article... Read full article...
Friday, July 28, 2017
Platinum and Palladium Investment Potential / Commodities / Platinum
By: Arkadiusz_Sieron
In the previous sections of this edition of the Market Overview, we presented the demand and supply outlook for platinum and palladium. In that part, we would like to analyze the potential benefits of adding these precious metals into investment portfolio.
On the surface, platinum and palladium behave similarly to the yellow metal. Indeed, as the chart below shows, there is an important positive correlation between prices of these metals and gold. It should not be surprising as all four main precious metals – gold, silver, platinum, and palladium – are considered as currency, with an appropriate ISO 4217 code.
Read full article... Read full article...
Friday, July 28, 2017
Sugar Commodity Investors: "Desperately Seeking..." Clarity and Objectivity / Commodities / Commodities Trading
By: EWI
Congratulations, Elliott wave analysis is your ideal match
Over the last two years, sugar futures have crashed and spiked and crashed again -- much like a diabetic without insulin.
After plummeting to an 8-year low in September 2015, sugar prices then doubled in a stunning rally to a 4-year high in September 2016, only to turn back down in a 40% sell-off to19-month lows in late June 2017, where they linger to this day.
Read full article... Read full article...
Thursday, July 27, 2017
Gold Cycle Outlook : Cautiously Bullish / Commodities / Gold and Silver 2017
By: SurfCity
I am cautiously bullish with today’s new high in Gold and GDX on day 13. Silver also made a new high on day 12 but is still lagging Gold out of the recent low. Note that I have used GLD and SLV in my charts today as the price prints for Gold and Silver on Stockcharts were bogus once again.
Why cautiously bullish? During the long Bear from the secondary high in 2012, almost every Failed Gold Trading Cycle topped on day 10 or earlier. There were a couple that topped on day 11 and one on day 12 as I recall but day 12 was the longest uptrend we saw into a failed Trading Cycle. That said, I am still cautious as my charts will show that PM’s still have much work to do to break out of this sideways pattern that they have been in for much of 2017.
Read full article... Read full article...
Thursday, July 27, 2017
Is Big Oil planning its Funeral by ignoring the obvious? / Commodities / Crude Oil
By: Sol_Palha
Many of the reports published that cover oil consumption and how quickly consumers will embrace Electric Vehicles (EV) paint a far rosier outlook for the future of oil than the facts dictate. The reason is simple; most of these reports tend to be written or sponsored by big oil and so they tend to be biased. We are not stating that this is the end of oil, but its glory days are probably behind it. One thing is obvious; the peak oil theory experts are and were always full of rubbish. In fact, we penned several articles over the years covering this issue the latest of which was titled “peak oil debunked”. Read full article... Read full article...
Thursday, July 27, 2017
Will Crude Oil Extend Gains? / Commodities / Crude Oil
By: Nadia_Simmons
On Tuesday, crude oil extended gains and hit a fresh July high, but will we see further rally in the coming days?
Crude Oil’s Technical Picture
Let’s take a closer look at the charts and find out (charts courtesy of http://stockcharts.com).
Read full article... Read full article...
Thursday, July 27, 2017
Gold and Oil - 3 charts, 3 forecasts, in 7 fast minutes / Commodities / Commodities Trading
By: EWI
See just how much you can learn from three simple charts.
Read full article... Read full article...
Wednesday, July 26, 2017
Reconciling the US Dollar Outlook with the Super Bullish Gold and Silver COTs / Commodities / Gold and Silver 2017
By: Clive_Maund
Technical analyst Clive Maund charts the U.S. dollar and expects it to trade sideways for a while before continuing its downward trend.
Because the dollar has such an important bearing on everything, especially the Precious Metals, it is timely for us to take a close look at it here after its recent steep drop, for as some of you may have seen, a number of indicators pertaining to the dollar suggest that, possibly after some further downside it is likely to bounce, or at least take a rest in a sideways range for a while, before the decline perhaps resumes in earnest.
Read full article... Read full article...
Wednesday, July 26, 2017
Last Week’s Rally in Gold Stocks Erased / Commodities / Gold and Silver Stocks 2017
By: P_Radomski_CFA
Gold, silver and the USD Index didn’t do much in yesterday’s trading, but that was not the case with mining stocks. The divergence between gold stocks and gold was particularly visible and the implications are once again particularly important.
Let’s take a look at the charts, starting with the HUI Index(gold stock chart courtesy of http://stockcharts.com).
Read full article... Read full article...
Monday, July 24, 2017
Gold Price Broke Above Trend Line Resistance / Commodities / Gold and Silver 2017
By: Franco_Shao
XAUUSD recently broke above the support-turned-resistance trend line at 1237 on its daily chart, indicating that the downside movement from 1295.94 had completed at 1204.77 already.
Monday, July 24, 2017
5 Things I Look for in Exploration Companies / Commodities / Gold and Silver Stocks 2017
By: Jordan_Roy_Byrne
Three months ago (April) we covered the reasons we primarily invest in junior exploration companies. We promised to follow up with some criteria we follow in attempting to pick winners. Here are five things we look for when evaluating and selecting junior exploration companies.
Read full article... Read full article...
Saturday, July 22, 2017
Crude Oil, Gold, ETFs & more: Pro-grade Market Forecasts / Commodities / Commodities Trading
By: EWI
Dear Investor,
Are you paying attention to commodities? You should be.
Major moves in oil, gold and other commodities have offered up huge opportunities for traders in 2017.
Our friends at Elliott Wave International have kept our subscribers ahead of many big commodity moves.
Read full article... Read full article...
Friday, July 21, 2017
Gold / Silver Shorts Extreme / Commodities / Gold and Silver 2017
By: Zeal_LLC
The gold-futures and silver-futures short positions held by speculators have rocketed up to extremes in recent weeks. These elite traders are aggressively betting for further weakness in gold and silver prices. But history has proven extreme shorts are a powerful contrarian indicator. Right as speculators wax the most bearish as evidenced by their collective bets, gold and silver decisively bottom and birth major new rallies.
Futures trading has a wildly-outsized impact on gold and silver prices, especially over the short term. It is amazing how much volatility futures speculators’ collective buying and selling generates, often drowning out everything else. Two factors are responsible for this dominance. The extreme leverage inherent in futures trading and the unfortunate fact the resulting gold and silver prices are the world’s reference ones.
Read full article... Read full article...
Friday, July 21, 2017
Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing / Commodities / Gold and Silver 2017
By: GoldCore
– Gold hedge against currency devaluation – cost of fuel, food, housing
– True inflation figures reflect impact on household spending
– Household items climbed by average 964%
– Pint of beer sees biggest increase in basket of goods – rise of 2464%