Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Saturday, March 12, 2016

Gold Commitments of Traders is Worrisome / Commodities / Gold and Silver 2016

By: Dan_Norcini

To sum up my view of this week’s COT report in one word…. WORRISOME.

I use that word because of what we saw happen to the safe haven trades today on account of that monster rally in the US equity markets.

Gold was under pressure for the entirety of the session today but seemed to especially weaken into the late afternoon hours as the US equity markets kept pushing higher and went out near the highs of the day. That more than likely will translate into additional downside followthrough in Asian trade Sunday evening. Where it goes after that will depend on whether or not dip buyers show up.

Saturday, March 12, 2016

Can Gold Price Climb to $1400/oz? / Commodities / Gold and Silver 2016

By: Jordan_Roy_Byrne

At the start of 2016, renowned fund manager and bond king Jeff Gundlach predicted Gold would surge to $1400/oz. That was quite the call considering Gold was still in a bear market. He reiterated his target a few days ago in a webcast. Gold closed the week below $1260/oz after reaching as high as $1287/oz following the ECB decision. Corrections in both Gold and gold stocks have been limited to swift declines lasting no more than two days. While we cannot predict the future, we think there is some chance that Gold could reach Gundlach's target before a sustained correction.

Friday, March 11, 2016

GDXJ ETF - Gold Junior Stocks Strong in Dark / Commodities / Gold and Silver Stocks 2016

By: Zeal_LLC

With gold miners’ stock prices surging dramatically this year, investors’ attention is starting to return to the gold juniors.  These smaller miners and explorers suffered terribly in recent years, all but abandoned as gold slumped to major secular lows.  But even during gold’s darkest quarter, the fundamentals of the juniors actually mining gold remained quite strong.  This portends explosive profits growth as gold recovers.

Most investors think of junior gold stocks as the Wild West of commodities stocks, with good reason.  The legendary American humorist Mark Twain allegedly described a gold mine as a hole in the ground with a liar at the top!  There are literally hundreds of gold juniors, a number that swells whenever gold grows more popular.  And the great majority of these tiny companies truly are junk, they are indeed doomed to fail.

Friday, March 11, 2016

The Day the Dollar Bait-and-Switch Died… Gold May Boom / Commodities / Gold and Silver 2016

By: Jeff_Berwick

Did you know that Thursday was one of the most critical market days in recent memory, one that should be internalized by gold bulls, currency traders and equity investors alike.

It was the day the latest central banking “bait and switch” died.

What did we learn? The dollar is done tightening in any meaningful way. And the euro is done loosening.

Friday, March 11, 2016

Gold Rises To 13 Month High as ECB ‘Bazooka’ Shoots Blanks / Commodities / Gold and Silver 2016

By: GoldCore

Gold prices climbed to a 13-month high in dollar terms overnight ($1,282.51) after the increasingly adventurous, dare one say reckless, European Central Bank unleashed its latest ‘bazooka’ and initiated more interest-rate cuts, a significant extension in currency printing and bond purchases and also a potential subsidy to banks lending.

Friday, March 11, 2016

Crumbling U.S Empire Drives Russia and China to Move into Gold / Commodities / Gold and Silver 2016

By: Sol_Palha

Central bankers have been on a massive Gold Buying Spree led by Russia and China. One must remember that not only is Putin ex-KGB, but he is also an economist and holds a black belt in judo. Judo teaches you to use your opponent's momentum to defeat him or her, and that appears to what Putin is doing. He has this administration running circles, by the time they figure out what he is up to, it is too late to do anything. Putin and China can see that the writing is on the wall that the days of U.S holding the top spot are numbered. Our economy is in shambles and only appears to look strong because of the hot money that is holding it up. Regarding illusions, it is a perfect illusion and for now, the masses have bought it, but Russia and China have not.

Friday, March 11, 2016

London Gold Price Fix Rigging - Fact or Myth? / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

The London Gold Market is a part of the London Bullion Market, which is a wholesale over-the-counter market for the trading gold and silver, coordinated by the London Bullion Market Association. It is the wholesale market - the usual minimum size of transaction is 2,000 ounces of gold (while the standard size is 5,000 ounces) - individual investors are practically excluded from the market. The London Gold Market was the most important gold market until the 1970s, when the American Commodity Exchange Inc. (Comex) started to trade gold futures and soon gained prominence. Currently, the gold market is dominated by these two centers of gold trading. The Comex dominates the market in gold futures, while the London Gold Market is by far the largest global center for over-the-counter (OTC) transactions. It is also the biggest marketplace for gold in the world by the volume of trade (the London OTC spot market is about ten times higher that of the U.S. futures market), which clears the annual mining production of gold every few days.

Friday, March 11, 2016

Blockbuster Uranium Call and Best Metal and Oil Plays / Commodities / Resources Investing

By: The_Gold_Report

The event-driven hedge fund Rosseau LP has beat its benchmark by over 50% since inception in 1998, and its founder and CIO Warren Irwin says it does so by going deep, looking at very specific events or situations that are special within industry sectors. Irwin made his name by shorting Bre-X some 20 years ago and hasn't looked back. In this interview with The Gold Report, Irwin gives us a peek into Rosseau's portfolio, discussing opportunities that he is excited about in metals, uranium and oil.

Thursday, March 10, 2016

Bonds, Debt and Gold - Keep The Money Game Churning / Commodities / Gold and Silver 2016

By: DeviantInvestor

There is money to be made so the game must be played…  It’s always “ShowTime” in the financial markets.  What is the game plan?

Levitate the bond market. See chart below.  Keep those interest rates dropping so the bond market continues its 35 year climb.  Oops – $7 Trillion in bonds with negative interest rates, at last count, with more from Japan this week.  Have we reached a limit?  Probably not, but what could go wrong lending money to insolvent governments who guarantee they will return less than they borrowed in 10 years?

Thursday, March 10, 2016

Silver Cheapest To Gold In 7 Years – ETF Holdings Surge / Commodities / Gold and Silver 2016

By: GoldCore

Silver hasn’t been so cheap relative to gold for more than seven years and with silver ETF holdings having surged in recent days, silver coin and bar demand very robust and mine supplies forecast to contract this year, there are signs that silver is set to resume its bull market and outperform gold once again.

Thursday, March 10, 2016

Kiss the Gold Bear Goodbye (But Wear a Helmet). . . / Commodities / Gold and Silver 2016

By: The_Gold_Report

Friday's morning action in gold has been at once both terrific and frothy, wonderful and scary, and redemptive and soothing, says precious metals expert Michael Ballanger.

My hedges are all getting blown to smithereens with the miniscule damage to my net worth being vastly outdone by the gargantuan damage to my ego as the power of the physical market is beating on the Commercials like rented mules and rag-dolling gold bears like common farm animals. The CNBC crowd are all taking complete ownership of the "gold trade" and everyone here in Toronto is scrambling for last-minute hotel rooms for PDAC inclusion.

Wednesday, March 09, 2016

The Gold Bull Market Is Back... Will It Last? / Commodities / Gold and Silver 2016

By: MoneyMetals

Stefan Gleason writes: The gold bull is back. After trending downward for more than four years, gold prices have broken out to the upside with a gain of more than 20% off their December lows.

Gold’s crossing of the 20% threshold even caused the financial media to take notice. “Gold is now in a bull market,” reported CNNMoney (March 7, 2016).

Wednesday, March 09, 2016

Gold Price Could Surge To $8,000/oz On Negative Interest Rates – Lassonde / Commodities / Gold and Silver 2016

By: GoldCore

The gold bull market has returned and gold could surge over 1,000% to $8,000 per ounce in the coming years according to legendary gold investor, Chairman of Franco-Nevada Corporation and former Chairman of the World Gold Council, Pierre Lassonde.

Wednesday, March 09, 2016

Gold’s Next Move And Price Target / Commodities / Gold and Silver 2016

By: InvestingHaven

As discussed a couple of weeks ago, Rob Tovell outlined several price targets for gold. As the first ones are hit, the next target comes in around $1345. However, that target will not be met in a straight line, and volatility is entering the gold market right here right now.

The key challenge for gold is best visible in the weekly chart. That is the first chart discussed in the video which is embedded below.

Wednesday, March 09, 2016

Commodities Jump on US Dollar Weakness / Commodities / Commodities Trading

By: Donald_W_Dony

With the U.S. dollar drifting lower over the past four months, most commodities are feeling a strong tailwind blowing their way.

Dollar bulls were hoping for a more aggressive program of interest rate increases, but instead the Fed dialed-back the number from four to two this year. The US$ pulled away from its high of $100.60 and formed a series of lower levels.

Tuesday, March 08, 2016

Gold Market Overview / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

Despite gold's historical role as money, the contemporary gold market is rather young. Until March 15, 1968, when a two-tier market for gold was established, the price of gold was maintained at a predetermined level (or rather, national currencies were defined as unit weights of gold). From that time, the market forces shaped the price of gold. In 1971, the gold standard was abandoned and the two-tier market came to an end and central banks started transactions in gold at market prices. As the International Monetary Fund pointed out in the paper "The Structure and Operation of the World Gold Market", "since then, a global market for gold as an asset in its own right has developed, remaining open around the clock and using a full range of derivative paper instruments".

Tuesday, March 08, 2016

Silver Price Rise Will Be Quick And Sudden / Commodities / Gold and Silver 2016

By: Hubert_Moolman

The rise of silver and the collapse of the monetary system is inescapably linked, since the monetary system is built upon the suppression of silver. Collapse by definition suggests: to break or fall suddenly. This is exactly what will happen to the international monetary system, very soon.

Therefore, silver's rise will likely be very quick or sudden. It is for this reason that one cannot really trade this coming silver bull market. The best option is to keep on increasing one's silver ounces. When the time comes, silver will explode higher suddenly; for example, it could be possible that it rises $10, $20, $100 a day, until you cannot buy it with fiat money.

Tuesday, March 08, 2016

New Gold Bull Market Now Official; Breaking Point in Paper Gold? / Commodities / Gold and Silver 2016

By: MoneyMetals

Gold officially entered a bull market in last week’s trading with prices gaining more than 20% from their December lows. The silver price also put on some very nice gains, but the price needs to reach about $16.40 before watchers can make the same claim.

If the white metal can exceed last week’s gains of more than 5%, the silver market will reach official bull territory too.

Tuesday, March 08, 2016

Gold and Lithium Companies Are Sizzling Hot / Commodities / Gold and Silver 2016

By: The_Gold_Report

There wasn't much sizzle in the gold equities space in recent years, but that has recently changed. Paul Renken, chief geologist and analyst with London-based VSA Capital, says the recent uptick in the gold price—which he says should stay near current levels for a while—will boost the margins of already profitable gold producers. Renken is even more bullish on lithium, while remaining optimistic about uranium. In this interview with The Gold Report, Renken provides the gold, lithium and uranium names with sizzle.

Monday, March 07, 2016

Gold Price Next 10% Move is Down, Not Up / Commodities / Gold and Silver 2016

By: Chris_Vermeulen

Gold has been on a tear since the start of this year. It is the best performing asset with a 16% rise in 2 months, however, if you are planning to enter gold at these current levels, you are likely in for a big surprise. Gold is overbought and technical analysis is pointing to a drop in gold price to the $1150/oz. level, a good 10% lower from the current levels.

The equity markets are in a bounce/rally mode and likely to remain buoyant till end of March. Oil prices, which were causing a scare worldwide are also on the mend, the bottom is likely in place at $26/barrel.