Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, August 10, 2016
Signs Are Silver Bull Market Is Consolidating / Commodities / Gold and Silver 2016
By: The_Gold_Report
Having hit a target, silver has formed what is believed to be an intermediate top over the past five weeks or so, which it should soon start to descend from, says technical analyst Clive Maund.
Wednesday, August 10, 2016
Gold Bullion Investors Versus the Machines / Commodities / Gold and Silver 2016
By: MoneyMetals
Precious metals prices fell sharply on renewed concerns the Federal Reserve will be raising interest rates sometime this fall. Friday’s jobs report painted a picture of healthy growth, fostering a new round of speculation that Janet Yellen and the FOMC will withdraw stimulus.
Investors have seen this a thousand times before. The reaction in gold and silver markets was almost as predictable as the sunrise. When markets continually respond to highly managed data from the Bureau of Labor Statistics – or some other bureaucracy – in a machine-like way, you have to assume it’s because most of the trading is actually done by high frequency trading machines (HFTs).
Read full article... Read full article...
Tuesday, August 09, 2016
Will this Crude Oil Price Rally hold? / Commodities / Crude Oil
By: Bob_Loukas
Crude has finally reversed higher to recover some of its recent losses, and is now showing clear evidence of a new Daily Cycle (DC) and Crude Oil Rally. There are early signs of a new Investor Cycle (IC) as well.
Midweek, Crude bottomed on day 44 before reversing sharply higher and punching through the declining trend-line. And when it closed above the 10 day moving average, Crude confirmed that it is in the early stages of a new Daily Cycle. From this point forward, Crude’s performance will depend on its Investor Cycle and the bear market as a whole.
Read full article... Read full article...
Tuesday, August 09, 2016
Natural Gas Surprise Drawdown Signals Higher Prices Ahead / Commodities / Natural Gas
By: OilPrice_Com
The U.S. electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected.
The EIA reported a surprise drawdown in natural gas inventories for the week ending on August 3. The reduction of 6 billion cubic feet (Bcf) was the first summertime drawdown since 2006. Natural gas spot prices shot up following the data release on August 4, although they fell back again shortly after.
Tuesday, August 09, 2016
Gold and Silver Bull Market Correction Expected / Commodities / Gold and Silver 2016
By: The_Gold_Report
Technical analyst Jack Chan is awaiting the gold bull correction and sees it as a good entry point for gold.
Monday, August 08, 2016
Gold Suffers Weakness on Strong U.S. Jobs Numbers, but UK Stimulus to Offer Respite / Commodities / Gold and Silver 2016
By: Nicholas_Kitonyi
Gold investors might need to brace up for a potentially disappointing week after strong U.S. employment numbers reduced the allure of the yellow metal. Gold has been on an impressive bullish ride this year and the yellow metal has gained 26% in the year-to-date period to erase the 11% loss that was recorded in full year 2015. In fact, gold has delivered an impressive price gains that outperforms equities and other commodities.
Monday, August 08, 2016
Top Silver Mining CEO Makes a Remarkable Price Forecast / Commodities / Gold and Silver 2016
By: MoneyMetals
First Majestic's Keith Neumeyer: “Silver Mines & Silver Are Way Rarer Than People Actually Think”
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear a fantastic interview with Keith Neumeyer, CEO of First Majestic Silver Corp. Keith gives an insider’s take on the tremendous and unsustainable imbalance that exists between the available mine supply of silver compared to gold and what it likely means for the silver to gold ratio. And you’ll definitely want to hear Keith’s long term price target for the white metal, which may surprise you. Don’t miss my conversation with Keith Neumeyer coming up after this week’s market update.
Read full article... Read full article...
Monday, August 08, 2016
Gold to Thrive in a Fiat Ponzi with Negative Yield / Commodities / Gold and Silver 2016
By: John_Lee
Summary:
- So if you are buying government bonds, expecting a decent return at the current puny level of yields, you are chasing the price. You are a speculator focusing on price, not yield. …If you are buying equities at current sky-high prices, you are chasing the yield. The mirror image of bonds.
- Gold bottomed in December 2015, after a much-anticipated Federal Reserve interest rate hike – the first in 7 years. Perhaps the market sensed that the Fed has done away with its interest hike campaign?
Monday, August 08, 2016
Gold Counter Cyclical? / Commodities / Gold and Silver 2016
By: Gary_Tanashian
The title of this segment is actually the subject line of an email sent by subscriber ‘RK’ on Friday, after the post-Payrolls update that included the following statement that RK questioned. From the update…
“Gold is getting clobbered as it should. Let’s please keep it real, because a lot of gold bugs are not going to. The case for gold, silver and commodities rests on an inflationary phase, which strong jobs and wages would indicate out ahead. But for now, the hit to the precious metals is logical.”
Read full article... Read full article...
Sunday, August 07, 2016
Gold's Multiple Resistance Zones / Commodities / Gold and Silver 2016
By: Gary_Savage
Gold has multiple resistance zones at the 1380-1400 level. It’s going to take some work to break through these. Gold will need some help from the dollar, which it will eventually get as the dollar will be due for its intermediate cycle low by the end of September or early October. Once the breakout occurs, gold should make a beeline for the 50% Fibonacci retracement, and then maybe to $1550 before this intermediate cycle tops.
Read full article... Read full article...
Sunday, August 07, 2016
Gold Price Sideways for Awhile? / Commodities / Gold and Silver 2016
By: Gary_Savage
In my last chart of the day I noted that gold and the metals sector in general were too stretched above the 200 DMA and would likely have to churn for awhile before the next leg up could begin. After seeing the sell off following Friday’s employment number I think I probably called that one correctly. The metals may have to churn sideways for most of August before the next rally begins.
Read full article... Read full article...
Saturday, August 06, 2016
Gold And Silver Charts / Commodities / Gold and Silver 2016
By: Michael_Noonan
Our pace for posting commentaries will slow down for August by design over the next few weeks, and for the last week of August, there will be no posting due to vacation time. This week, focus will be solely on the charts. There is so much going on in the world and with the Bread and Circuses election in the United States, the sum of which is enough to send the price of precious metals considerably higher, but the reality is price is still under the control of Chinese buying at bargain prices while the West’s central bankers try to keep alive the Ponzi scheme facade regarding gold and silver.
The globalists behind the fiat curtain have been exposed for their financial and political chicanery to keep the vastly underwater banking system “alive and well,” yet the public has no unified voice to be so shocked by the extreme theft by the bankers and their political hacks, so the game plays on.
Read full article... Read full article...
Friday, August 05, 2016
Gold and Gold Stocks Bull Analogs / Commodities / Gold and Silver Stocks 2016
By: Jordan_Roy_Byrne
Over the past two weeks the precious metals complex has retested its Brexit breakout and rebounded back to the July highs. Today’s jobs report has pushed the complex lower but has delivered an opportunity to cash heavy portfolios which have missed the bulk of the move. With that said, we wanted to share our current analog charts for Gold, gold stocks and junior gold stocks which suggest continued upside potential in the sector.
Friday, August 05, 2016
Gold Stocks Autumn Rally / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The gold miners’ stocks have already enjoyed a phenomenal year, blasting higher with gold’s new bull market. This sector’s market-dominating performance has been amazing. Yet incredibly, the gold stocks are only now entering their strongest time of the year seasonally. Historically during bull-market years the gold stocks have enjoyed massive autumn rallies on average, starting right about now which is very bullish.
Gold-stock performance is highly seasonal, which certainly sounds odd. The gold miners produce and sell their metal at relatively-constant rates year-round, so the temporal journey through calendar months should be irrelevant. Based on these miners’ revenues, there’s no reason investors should favor them more at certain times of the year than others. Yet history proves that’s exactly what happens in this sector.
Read full article... Read full article...
Friday, August 05, 2016
Gold In Sterling 2.2% Higher After Bank Of England Cuts To 0.25% and Expands QE / Commodities / Gold and Silver 2016
By: GoldCore
Gold in sterling was 2.2% higher yesterday and was marginally higher in dollar terms after the Bank of England cut interest rates to all time, 322 year record low at 0.25% and surprised markets by renewing and aggressively expanding quantitative easing or QE.
Sterling fell sharply on markets and gold rose from £1,014/oz to over £1,036/oz where it remains this morning. Ultra loose monetary policies are now even looser after the BOE cut interest rates for the first time in more than seven years and launched a bigger-than-expected package of monetary measures.
Read full article... Read full article...
Friday, August 05, 2016
Does Gold Continue Its Bull Market Towards $1500 or Crash? / Commodities / Gold and Silver 2016
By: Chris_Vermeulen
Gold has a “clear presence” to play in a world dominated with ‘global economic uncertainty”
My analysis shows that gold will be implemented to protect ‘global purchasing power’ and minimize losses during our upcoming periods of ‘market shock’. It serves as a high-quality, liquid asset to be used when selling other assets would cause losses. Central Banks of the world’s largest long-term investment portfolios use gold to mitigate portfolio risk in this manner and have been net buyers of gold since 2010.
Read full article... Read full article...
Thursday, August 04, 2016
Buy Gold and “Real Assets” Says the ‘Bond King’ / Commodities / Gold and Silver 2016
By: GoldCore
Buy gold and “real assets” and not bonds is the financial advice of the “Bond King”, Bill Gross in his latest must read newsletter which covers everything from his favoured assets to sex.
Gross, the founder of and ex boss of the largest bond fund in the world PIMCO, now manager of the Janus Global Unconstrained Bond Fund, says buy gold and warns of the risks in the bond market. He favours allocating funds to physical assets such as gold and real estate and he explained why in interviews on CNBC and Bloomberg yesterday.
Read full article... Read full article...
Thursday, August 04, 2016
Today's Downturn Sets Markets Up For A Dramatic Oil Price Spike / Commodities / Crude Oil
By: OilPrice_Com
Another oil price downturn threatens to deepen the plunging levels of investment in upstream oil and gas production, which could create a more acute price spike in the years ahead.Oil and gas companies have gutted their capex budgets, necessary moves as drillers went deep into the red following the crash in oil prices. But the sharp cutback in investment means that huge volumes of oil that would have otherwise come online in five or ten years now will remain on the sidelines.
Read full article... Read full article...
Thursday, August 04, 2016
Gold Miners at the Last Resistance Zone / Commodities / Gold and Silver 2016
By: Gary_Savage
Miners are in the process of breaking through the last resistance level. Once this is cleared they have an unimpeded shot to 380.
Read full article... Read full article...
Wednesday, August 03, 2016
Gold Sector - Is it time to Back up the Truck? – Mortgage the Farm? / Commodities / Gold and Silver 2016
By: Peter_Degraaf
Technical Analysis of the gold sector reveals a number of red flags, such as negative COT numbers and a mining sector that is at least temporarily overbought, having more than doubled since January. And yet…….
Sometimes a market that is overbought can remain that way for longer than anyone anticipated. Remember the ‘Dotcom’ bull market of the 1990s? It became overbought and kept on rising for many months.
Read full article... Read full article...