Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Wednesday, May 17, 2017

Is It A Bull Market Or Bear Market In Precious Metals? / Commodities / Gold and Silver 2017

By: Avi_Gilburt

By Avi Gilburt : First published on Saturday May 13 for members of ElliottWaveTrader.net: Without fail, each and every time the metals have dropped since bottoming over a year ago, many panic and proclaim the bear market to have returned. Moreover, many have looked to the USD as their guide to what the metals will do, and are completely befuddled when the dollar trades in tandem with the metals, as we have seen for almost two months.

As for me, well, since I was taught at a young age not to “ASSUME,” I only listen to price and try to ignore emotion as much as humanly possible. For this reason, I rely on my analysis to make decisions, as relying upon emotion often puts you on the wrong side of the market at the exact worst time.

Wednesday, May 17, 2017

A ‘Must-See’ Chart for Gold and Silver Aficionados  / Commodities / Gold and Silver 2017

By: Peter_Degraaf

Every now and then a chart appears that provides us with a great opportunity.

The following chart fits that mold.

Tuesday, May 16, 2017

How Silver Price Could Rally Significantly Over The Coming Months / Commodities / Gold and Silver 2017

By: Hubert_Moolman

The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way.

In the long run, the two move in opposite directions. When the USD/ZAR rate is moving up, the silver price is moving down, and vice versa. Furthermore, when the USD/ZAR rate is making a top, then a bottom in silver is normally very close (before or after the USD/ZAR peak).

Tuesday, May 16, 2017

... / Commodities / Gold and Silver 2017

By: Submissions

Tuesday, May 16, 2017

Silver: Don't Miss the Opportunity of a Lifetime - AGAIN! / Commodities / Gold and Silver 2017

By: Submissions

Peter Ginelli writes: Silver is and has always been one of the most essential metals on the planet, and yet it has never received the respect it deserves as does gold.

If tomorrow morning we wake up and discover there is no gold on the planet, only three groups of people would miss it: banks which use it as partial reserve, private investors who use it as a hedge and the general consumers who buy it in the form of jewelry.

Monday, May 15, 2017

Crude Oil Price Correction / Commodities / Crude Oil

By: Ed_Carlson

    Crude gained $1.62/bbl. last week and closed at 47.84 but still below the 200-dma. BWI (bandwidth indicator) fell in non-confirmation of the rally.

Support is at 45.25. I suspect we will see a run to the 200-dma at 49.00 prior to new lows in crude however, the detrended oscillator is overbought warning of a pullback early this week.

Monday, May 15, 2017

Wealth Protection: Two Cautionary Tales from France and the American South / Commodities / Gold and Silver 2017

By: HAA

On May 7, Marine Le Pen's defeat in France's presidential election secured an integrated EU and had many investors breathing a sigh of relief.

Had the election gone her way, French workers could have seen the devaluation of their euro-denominated pensions if Le Pen had made good on plans to quit the currency in favor of returning to the franc.

Monday, May 15, 2017

Gold and Sillver Markets - Silver Price Sharp Selloff / Commodities / Gold and Silver 2017

By: The_Gold_Report

Technical analyst Jack Chan charts the latest moves in the precious metal markets, noting the impacts of a sharp selloff in silver.

Monday, May 15, 2017

Gold Stocks Poised to Soar Sharply Higher! / Commodities / Gold and Silver Stocks 2017

By: WallStreetNation

Friday, May 12, 2017

GDX Gold Mining Stocks’ Q1’17 Fundamentals / Commodities / Gold and Silver Stocks 2017

By: Zeal_LLC

The gold miners’ stocks have been slammed by a sharp gold pullback in recent weeks, spawning today’s bearish sentiment.  Traders often get caught up in the emotional swings generated by this volatile sector.  But once a quarter earnings season arrives, revealing gold mining’s hard fundamental realities which dispel the obscuring sentiment fogs.  The major gold miners’ profitability actually just exploded higher in Q1!

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports.  Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 45 calendar days after quarter-ends.  Canadian companies have similar requirements.  Some companies in other countries with half-year reporting instead of quarterly even follow suit.

Friday, May 12, 2017

Will Crude Oil Stocks Breaks above Medium-term Resistance Line? / Commodities / Crude Oil

By: Nadia_Simmons

In recent weeks crude oil came back below the barrier of $50, which triggered declines and resulted in a drop to almost six-month lows. Despite this move, oil bulls pushed the commodity higher, which resulted in an invalidation of the breakdowns under important support levels. What happened at the same time with oil stocks? Will we see higher values of the XOI in the coming weeks?

Let’s jump right into charts (chart courtesy of http://stockcharts.com) and find out what can we infer from them about future moves.

Friday, May 12, 2017

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

By: P_Radomski_CFA

The mining stocks moved higher yesterday and this move can be explained neither by a move higher in gold or silver, nor by a substantial rally in the main stock indices. Does the miners’ strength indicate a looming turnaround?

Quite likely yes, but the emphasis should be put on “looming” and on the fact that any turnaround here is not likely to be very significant. Let’s take a look at the charts for details (charts courtesy of http://stockcharts.com) and check the outlook for gold price in May.

Friday, May 12, 2017

A Look at the Silver/Gold Ratio, Inflation/Deflation and the Yield Curve / Commodities / Gold and Silver 2017

By: Gary_Tanashian

An email from a reader (of the eLetter, I think) calling me out on trying to make too many correlations in a dysfunctional market (I think that was his bottom line point, and he’s got a good point) got me thinking about the Silver/Gold ratio and some pretty interesting post-2011 dysfunction (so it seems) in the markets.

Markets that made sense in certain ways prior to 2011 no longer make sense in the same ways. For instance, the S&P 500 used to be correlated to the Silver/Gold ratio, which itself was positively correlated to inflation and/or inflationary economic growth. Gold also liked for silver to be leading it, not the other way around.

Friday, May 12, 2017

The Bearish Gold Bull / Commodities / Gold and Silver 2017

By: Jordan_Roy_Byrne

The Bearish Gold Bull was the title of my presentation last weekend at the Metals Investor Forum in Vancouver, British Columbia. While the title could be ascribed to me personally for my recent tendency towards conservative and cautious views, it more importantly describes the current dichotomy in the gold sector. The mining sector saw its fundamentals hit rock bottom in 2014-2015 and became “bombed out” at the end of 2015. However, while parts of the industry have performed well, as a whole it has been unable to push higher after a torrid recovery in early 2016. A big reason is the outlook for metals prices suggests lower prices before any large advance. Until metals prices are ready to rise, the miners may find themselves in a bearish bull.

Friday, May 12, 2017

Gold is About to Shine Again! / Commodities / Gold and Silver 2017

By: Enda_Glynn

My Bias: short in wave 3 blue.
Wave Structure: downward impulse wave 1, 2 blue
Long term wave count: lower in wave 3 blue
Important risk events: EUR: G7 Meetings, German Prelim GDP q/q, USD: G7 Meetings, Prelim UoM Consumer Sentiment, CPI m/m, Retail Sales m/m.

Friday, May 12, 2017

The Blockchain: A Gold and Silver Launchpad? / Commodities / Gold and Silver 2017

By: MoneyMetals

A new day is dawning for precious metals. Gold and silver – the world's oldest money – are "connecting" with the newest money, digital cryptocurrencies. The final outcome of this nexus is unpredictable, but it is foolhardy to ignore what is taking place.

Central governments around the globe have waged, against their own citizens, a virtual "War on Cash." Efforts by Sweden to become "cash-free;" progressive "downsizing" of Eurozone currency units; a currency recall in India that affected 1.3 billion people; solemn talk about eliminating $100 and even $50 bills in the U.S. - all in the supposed fight against "drug dealing and tax evasion."

Thursday, May 11, 2017

Could Breakthrough Cancer Treatments Raise Industrial Gold Demand? / Commodities / Gold and Silver 2017

By: HAA

Shannara Johnson : Precious metals aren’t just used as investments and for jewelry—some of them have a wide range of industrial applications as well.

Silver, for example, is used (and used up) in a multitude of products, from solar panels to glass coatings, LED chips, semiconductors, touch screens, water purification, and more.

Thursday, May 11, 2017

Gold Exports From U.S. – Something Big Is Happening / Commodities / Gold and Silver 2017

By: GoldCore

by SRSRoccoReport.com : Most Americans didn’t realize it, but something BIG changed in the U.S. gold market in the beginning of 2017.  While precious metals sentiment and buying in the U.S. has dropped off considerably in the first quarter of 2017, the East continues to acquire gold, HAND OVER FIST.

Thursday, May 11, 2017

Gold’s Big Move / Commodities / Gold and Silver 2017

By: Hubert_Moolman

Gold is currently trading near a critical level, from where a massive move up or down is imminent. One   of the measures that illustrate we are a close to a big move, is the following resistance line on the gold chart that I have previously highlighted. Below, is a gold chart (from tradingview.net) with the resistance line indicated:

Wednesday, May 10, 2017

Arizona Legislature Ends Income Taxation on Gold & Silver / Commodities / Gold and Silver 2017

By: MoneyMetals

By Jp Cortez : Phoenix, Arizona (May 10th, 2017) – Sound money advocates scored a major victory today when the Arizona state senate voted 16-13 to remove all income taxation of precious metals at the state level. The measure heads to Governor Doug Ducey, who is expected to sign it into law.

Under House Bill 2014, introduced by Representative Mark Finchem (R-Tucson), Arizona taxpayers will simply back out all precious metals “gains” and “losses” reported on their federal tax returns from the calculation of their Arizona adjusted gross income (AGI).