Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, October 05, 2016
Gold Price Plunges on Rate-Hike Fears / Commodities / Gold and Silver 2016
Gold fell below $1,300 today for the first time since the Brexit vote in June, as the dollar index rose to a two-month high.
Gold fell below $1,300 today for the first time since the Brexit vote in June, as the dollar index rose to a two-month high. At press time, gold was down $42, at $1,270.
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Tuesday, October 04, 2016
Key Breakdowns after Silver’s Final Reversal / Commodities / Gold and Silver 2016
The end of the previous week was rich in signals as gold, silver and mining stocks all reversed along with the USD Index. Gold closed the week below the rising support line and the implications should not be ignored even by those who usually focus on fundamentals alone.
Why? Because in the short- and medium term, the important technical developments will shape the price – not the fundamentals. Why should one care? In early 2008 silver was priced above $20 and in late 2008 it was priced below $10, even though the fundamental outlook didn’t change. Similar price swings can make a lot of money for those who pay close attention to what’s going on – but knowing about positive fundamentals is not enough.
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Tuesday, October 04, 2016
Assessing the Short-Term Outlook for Gold and Silver and the Miners / Commodities / Gold and Silver 2016
Precious metals expert Michael Ballanger assesses the gold-silver ratio and its ramifications for the market.
I want to go on the record and state categorically that, in my opinion, technical analysis is of limited value when trying to predict the short-term movements of precious metals. However, there are millions of traders and investors out there who believe that it does work despite interventions, manipulations, and the ability of the bullion banks to fabricate a surrogate for actual physical gold by way of paper futures. In light of that, the short-term technical set-ups for gold and silver and the miners are all different in that after Friday's month-end bombardment, which originated in the London options market, that formidable uptrend line that began in December 2015 has finally been vanquished.
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Tuesday, October 04, 2016
NIRP is the Fuel that Will Rocket Gold Price to $5,000 or Higher / Commodities / Gold and Silver 2016
For decades, the primary argument by Warren Buffett and other financial elites for not owning gold was that “gold doesn’t pay you anything.”
Once the ECB took interest rates to NIRP in 2014, this argument became null and void. In a world in which bonds are charging you to hold them, gold with its ZERO yield has become attractive as an investment.
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Tuesday, October 04, 2016
Are U.S. Banks Safer Today Than They Were In 2008? / Commodities / Banking Stocks
Although the seeds of the 2008 ‘financial crisis’ were sown at a much earlier period of time, the banking institutions continued to reap the benefits of ‘easy money’ until the financial crisis of 2008 negatively impacted the economy. The damage would have been much larger had U.S. taxpayer’s money not been used to bail out a large number of struggling banks and companies.
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Monday, October 03, 2016
Get Free Commodity Market Forecasts! / Commodities / Commodities Trading
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Monday, October 03, 2016
Gold Price Reversal / Commodities / Gold and Silver 2016
The Gold market continues to be lethargic. Two weeks ago, negative rumblings about Deutsche Bank pushed Gold higher out of the Half Cycle Low. But the move quickly stalled on a gold price reversal, ensuring that the current Daily Cycle (DC) would remain Left Translated.
Gold’s current sluggishness is not unexpected, however. 18 weeks into any Investor Cycle should see sellers largely controlling the action, and I’d expect that to be the case with Gold until it finds an Investor Cycle Low (ICL).
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Monday, October 03, 2016
Sterling Gold Rises 1.3% as Sterling Slumps On ‘Hard Brexit’ Concerns, Up 36% YTD / Commodities / Gold and Silver 2016
Sterling gold rose 1.3% today as sterling slumped again after the UK set a March deadline to start their ‘Brexit divorce’ proceedings from the European Union and on deepening nervousness regarding a ‘Hard Brexit’.
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Sunday, October 02, 2016
Gold And Silver – Qrtly, Monthly Charts. Last Weekly Commentary / Commodities / Gold and Silver 2016
This will be our last weekly commentary on the markets. What we know for certain is that the globalists have a stranglehold on the markets, and more importantly, a stranglehold on all Western nations to the point where life has become a theater of the absurd, negatively and without an end in sight.
We have been leaning in this direction for some time. Time off at the end of August, when access to a computer and news was limited to an hour a day, and we chose to use only a small portion of the allotted time, drove home the point, or more appropriately the pointlessness of what is going on all around the world.
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Sunday, October 02, 2016
Precious Metals Complex Monthly Charts Argue for Lower Prices / Commodities / Gold and Silver 2016
The trading month doesn't always end on a Friday but when it does we like to take a look at the monthly charts. Generally, I prefer daily and weekly charts because they have more data points. However, monthly charts carry more significance than weekly charts which carry more significance than daily charts. You get the point. One reason and a good reason we expect the current correction to continue is the sector monthly charts.
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Friday, September 30, 2016
Silver Way Undervalued / Commodities / Gold and Silver 2016
After rocketing higher mid-year, silver has spent most of the third quarter drifting sideways to lower. This has naturally weighed on sentiment, with investors and speculators alike growing more bearish during recent months. Yet silver remains way undervalued relative to its primary driver gold, so silver’s young bull market is far from over. This metal’s upside from here is still massive as it mean reverts higher with gold.
Silver has always been exceptionally volatile, which is partially a function of this market’s relatively-small size. The world’s leading authority on global silver supply and demand is the venerable Silver Institute. It reported total worldwide silver demand of 1170.5m ounces in 2015. At last year’s average silver price of $15.68, that works out to an annual market value of $18.3b. That’s practically a rounding error!
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Friday, September 30, 2016
Why Krugman, Roubini, Rogoff And Buffett Dislike Gold / Commodities / Gold and Silver 2016
By Jan Skoyles Edited by Mark O’Byrne : A couple of weeks ago an article appeared on Bitcoin Magazine entitled ‘Some economists really hate bitcoin’.
I read it with a sigh of nostalgia. As someone who has been writing about gold for a few years, I am used to reading similar criticisms as those bitcoin receives from mainstream economists, about gold.
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Thursday, September 29, 2016
GOLD MARKET FLASH NOTE: Ending With a Bang, Not a Whimper / Commodities / Gold and Silver 2016
Rudi Fronk and Jim Anthony, co-founders of Seabridge Gold, discuss how extreme monetary policy does not stimulate growth.
As we have predicted for some time, central bankers are doubling down on the madness that has failed to achieve economic lift-off. It is no surprise to us that easy money has not stimulated growth. There was never any reason why it should. It reminds us of trying to force hay into the wrong end of an elephant.
Thursday, September 29, 2016
Gold vs. Paper: The Only Debate That Matters / Commodities / Gold and Silver 2016
Thursday, September 29, 2016
Mining Stocks’ Rally Despite Gold’s Decline / Commodities / Gold and Silver Stocks 2016
Quite a few rallies in the recent months were preceded by the mining stocks’ outperformance relative to gold and we just saw the same kind of phenomenon on Wednesday – GDX rallied while gold declined. Is the bottom in?
Let’s take a look at the miners’ chart for details - other charts don’t feature important changes from what we described previously so mining stocks are the part of the PM sector that we’ll focus on in today’s free article (charts courtesy of http://stockcharts.com):
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Thursday, September 29, 2016
2017: Gold and Silver's Year of "Public Recognition" / Commodities / Gold and Silver 2016
In all probability, December 2015 marked the bottom of the cyclical gold and silver bear market – a bear cycle that had been in play since silver topped in May 2011 and gold in September of the same year.
During the fourth quarter 2015, share price declines of the precious metals mining companies tapered off once the last of the weak hands gave up and sold their positions to stronger, forward-looking investors.
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Wednesday, September 28, 2016
Where Will Oil Prices Go After Algiers? / Commodities / Crude Oil
Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week may not do much to rescue oil prices. Following the media spectacle, the oil markets may have to shift their attention back to the supply and demand fundamentals, which are not reassuring.
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Wednesday, September 28, 2016
Crude Oil Bull Market Correction / Commodities / Crude Oil
Crude gained $1.45/bbl. last week closing at 44.48 even after a $1.84 loss on Friday. Since the August high, crude looks like a descending triangle (bearish). The upper trendline passes through 46.75 this week. Support is at 43.25. A break of support opens the door for a decline to 38.25. The weekly Coppock Curve did confirm the June high so look for higher highs in the future. However, new lows are expected once wave C has completed.
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Tuesday, September 27, 2016
This Commodity Has Perked Up its Investors' Portfolios / Commodities / Agricultural Commodities
The 90% rally in sugar prices since late 2015 fulfills our long-standing forecast
Imagine that the world's leading commodity markets were cars speeding down a two-lane highway. Who do you think is in the driver's seat controlling which direction prices go?
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Tuesday, September 27, 2016
Charting the Continuing Gold Market Correction / Commodities / Gold and Silver 2016
Technical analyst Jack Chan plots the continuing correction in the gold and silver markets.
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