Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Tuesday, December 27, 2016
Gold Price Due for a Bounce, But Remains in Long-term Bearish Trend / Commodities / Gold and Silver 2016
By: Submissions
Bruce Powers writes: Spot gold (XAU/USD) remains in a long-term downtrend following a test of resistance at the long-term downtrend line over multiple weeks from July to September, and then again in November. A swing high of $1,375.15 was reached during that time, which was also a 2016 high and the highest price since March 2014.
Sunday, December 25, 2016
Gold As A Percentage Of Global Financial Assets / Commodities / Gold and Silver 2016
By: I_M_Vronsky
In 2014 Total Global Assets Topped $105 TRILLION (i.e more than $105,000,000,000,000)
An astronomical amount by any standards. Interestingly, only a small fraction of this monumental amount has been allocated to gold investments. Here below is the record of gold investments since 1980. To be sure a brief history of gold investment demand will indubitably put our analysis into sharp perspective.
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Saturday, December 24, 2016
US Dollar Euphoria and Gold / Commodities / Gold and Silver 2016
By: Zeal_LLC
The US dollar has rocketed higher since early November’s US presidential election, rivaling the massive gains seen in the stock markets. With the world’s reserve currency catapulted to extreme secular highs, dollar euphoria has naturally exploded. Traders are overwhelmingly betting the dollar’s strong upside will continue. But this greed-drenched currency looks very toppy and ready to fall, which is very bullish for gold.
Saturday, December 24, 2016
Deutsche Bank Settlement: Seasonal Intraday Charts Provide Evidence for Gold Market Manipulation / Commodities / Gold and Silver 2016
By: Dimitri_Speck
Deutsche Bank trader: "u just said u sold on fix."
Answer UBS trader: "yeah, we smashed it good."
Deutsche Bank is a defendant in more than 7,000 lawsuits worldwide. In two of them it has recently agreed to settlements and is prepared to pay tens of millions of US dollars in restitution and fines. This includes the settling of lawsuits over gold and silver price manipulation. Associated court proceedings against other financial institutions are still underway.
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Thursday, December 22, 2016
U.S. Shale Oil Cash Flow Is Now Neutral / Commodities / Shale Oil and Gas
By: OilPrice_Com
Oil prices are probably already high enough to spark a rebound in shale production.
The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow neutral for the first time ever. That isn’t a typo. For years, the drilling boom was done with a lot of debt, and the revenues earned from steadily higher levels of output were not enough to cover the cost of drilling, even when oil prices traded above $100 per barrel in the go-go drilling days between 2011 and 2014. Even when U.S. oil production hit a peak at 9.7 million barrels per day in the second quarter of 2015, the industry did not break even. Indeed, shale companies were coming off of one of their worst quarters in terms of cash flow in recent history.
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Wednesday, December 21, 2016
The War on Cash and Then on Gold / Commodities / War on Cash
By: The_Gold_Report
Technical analyst Clive Maund says liquidity issues with banks could lead to restrictions on cash and precious metals.
The global financial system continues to groan under the strain of the accumulated weight of trillions of dollars worth of debt and derivatives, which have built up to even more fantastic levels than those that precipitated the near collapse in 2008, thanks to the policy of solving liquidity problems near term by creating even more debt and derivatives, Quantitative Easing being the most obvious example. However, while the majority considers the situation to be hopeless, there is actually "light at the end of the tunnel."
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Wednesday, December 21, 2016
How to Get a Firm Handle on Gold's Ups and Downs / Commodities / Gold and Silver 2016
By: EWI
Watch the yellow metal's price pattern to anticipate key junctures
By Elliott Wave International
[Editor's Note: The text version of the story is below.]
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Monday, December 19, 2016
Federal Reserve and Stronger Real Rates Cause Breakdown in Gold / Commodities / Gold and Silver 2016
By: Jordan_Roy_Byrne
Gold and gold mining stocks were setting up for a rebound until the market suddenly priced in tighter policy from the Federal Reserve. Both nominal and real yields surged and that pushed an already oversold sector below key support. Gold lost support in the mid $1100s while gold stocks (GDX) lost a critical support level. While the sector is oversold and likely to rebound as 2017 begins, the primary trend remains lower.
Monday, December 19, 2016
Gold and Silver New Bull or Bear Market Rally ? / Commodities / Gold and Silver 2017
By: Rambus_Chartology
Buckle Up ,Pour yourself your favorite beverage , and take some time . This Report will be an in depth Chartology analysis of the current situation in this ever interesting and often exasperating market we are participating in. Oh and don’t forget to open your mind. Lets begin.
I would like to start the Weekend Report by looking at a combo chart which has the US dollar on top and gold on the bottom, which shows you a better version of the positive divergence the US dollar had vs gold in 2011. First note the red arrows on the US dollar and gold back in 2008 when gold was making a high, and the US dollar was making a low, which is what you would expect. Now look at the two red arrows in 2011 whch shows the all time high for gold and a higher low for the US dollar vs the 2008 low. Gold rallied almost 1200 points to its 2011 bull market high, but the US dollar made a higher low. If they were on an equal footing the US dollar should have traded much lower when gold was making its all time high. That’s how I viewed the positive divergence for the US dollar vs gold.
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Friday, December 16, 2016
Radical Gold Under Investment / Commodities / Gold and Silver 2016
By: Zeal_LLC
Gold was again blasted to new post-election lows this week, further trashing contrarian sentiment. The Fed proved more hawkish than expected in its rate-hike-trajectory forecast, unleashing heavy selling in gold futures. This catapulted gold bearishness back up to extremes not seen in a year. Investors are once again convinced gold is doomed, and thus radically underinvested. That’s actually super-bullish for gold.
It certainly wasn’t the Fed’s second rate hike in 10.5 years this week that hammered gold. Actually that was universally expected. Federal-funds-futures traders had assigned it an average 96% probability in the two weeks leading up to that rate hike. If the Fed had simply raised its federal-funds rate by 25 basis points to a 0.50%-to-0.75% range, gold-futures speculators would’ve likely yawned. They knew it was coming.
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Friday, December 16, 2016
Gold & Miners Bottoming Signs / Commodities / Stock Markets 2016
By: Gary_Savage
A couple of months from now are traders going to look back and wonder how they could have ignored the bottoming signs?
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Friday, December 16, 2016
Goldman Sachs is Talking Nonsense Again: Shale will not affect Global Oil Supply until Price hits $85 / Commodities / Crude Oil
By: Andrew_Butter
Latest headline: “Goldman Sachs Warns the Saudis: ‘’U.S. Shale Will Respond’’”http://oilprice.com/Energy/Crude-Oil/Goldman-Sachs-Warns-The-Saudis-US-Shale-Will-Respond.html
Reminds me of when we all used to sing-along the company song ”House Prices Always go up”; and why not? If you could get the suckers to buy that idea, selling them AAA-rated (toxic) collateralized debt obligations concocted by Goldman Sachs, was a synch. Ah...Goldman Sachs...the Divine God’s Workers; now they are experts on shale oil...what next...tropical fish? So now they are telling their customers “shale oil is a buy”, that means presumably, they are long and they are scrambling to unload their positions?
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Thursday, December 15, 2016
Seasonality Favors Gold, Silver and Junior Mining Stocks Going Into Year End / Commodities / Gold and Silver 2017
By: Jeb_Handwerger
Summary
Gold and silver could once again be ready to rally possibly starting in days or in the beginning of 2017.
Precious Metals usually bottom at year end then have massive rallies in the New Year.
Remember the lower it goes the higher it runs and the more gains made in the following year.
Thursday, December 15, 2016
Fed Raised Rates 0.25% – Rising Interest Rates Positive For Gold / Commodities / Gold and Silver 2016
By: GoldCore
The Federal Reserve increased interest rates by 0.25% as expected yesterday leading to gold falling to lows last seen in February 2016 and the dollar rising to its highest level against the euro in 14 years.
Gold actually settled higher at $1,163.70 for the day yesterday. However gold futures slid to $1,156.70 an ounce in electronic trading on the rate decision at 1400 EST and soon gold was pushed down 1.3% to 10 month lows after the decision in less liquid after hour markets.
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Thursday, December 15, 2016
Gold and Silver Now What ? / Commodities / Gold and Silver 2016
By: Rambus_Chartology
I had a completely different post in mind for tonight, but the action in the PM complex has changed my mind. Since the US elections the PM complex has had a hard go of it trapping many bulls in their long positions. The magnitude of this decline especially in gold has been unrelenting in nature, which is how a bull trap is set. Just a short five weeks ago all looked good for this sector as it had one of the biggest rallies in history off the January low for the PM stocks. There wasn’t anything to suggest that five weeks ago the plunge was coming, but since then, there have been many clues that all was not right with the PM sector.
Wednesday, December 14, 2016
The Silver Tsunami / Commodities / Gold and Silver 2016
By: Dr_Jeff_Lewis
At this point in the cycle, the silver market should be relatively easy for the average person to enter. Prices are beginning to move back toward natural supply and demand equilibrium, as large disruptions are occurring between the positioning of dominant futures speculators that have kept futures prices entrapped for nearly 6 years.
Wednesday, December 14, 2016
Take Advantage of Gold, Silver, Platinum and Palladium Different Seasonal Trends / Commodities / Gold and Silver 2016
By: Dimitri_Speck
Prices in financial and commodity markets are exhibiting seasonal trends. This applies to the precious metals gold, silver, platinum and palladium as well.
The chart below depicts the seasonal trends of the gold price over a time period of 45 years.
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Wednesday, December 14, 2016
Shariah Gold Standard Is “Revolutionary” – Mark Mobius / Commodities / Gold and Silver 2016
By: GoldCore
One of the world’s leading investors, Mark Mobius told a gold conference in Dubai that the new ‘Shariah Gold Standard’ is both “innovative and revolutionary” and importantly will bring “transparency” to the physical gold market which suffers from a lack of trust.
Tuesday, December 13, 2016
Deutsche Bank Turns Over Proof of Metals Price Rigging / Commodities / Gold and Silver 2016
By: MoneyMetals
Some say there is honor among thieves. Perhaps, but apparently not among the banking class of criminals when they are under serious legal and regulatory pressure.
German behemoth Deutsche Bank agreed last spring to assist plaintiffs and regulators by ratting out their co-conspirator banks in a wide-ranging scheme to rig prices and cheat clients.
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Tuesday, December 13, 2016
U.S. Oil Shale Faces A Reality Check / Commodities / Shale Oil and Gas
By: OilPrice_Com
The collapse of oil prices has forced the U.S. shale industry to slash production costs. In order to improve the “breakeven” costs for the average shale well, the industry has deployed three general strategies: improving techniques and technology, such as drilling longer laterals or using more frac sand; focusing drilling on the sweet spots; and demanding lower prices from oilfield service companies. All three of those strategies led to a decline in the breakeven price for a shale wells.
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