Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Friday, February 19, 2016
Gold Mining Stocks Thrive in Bleak Q4 / Commodities / Gold and Silver Stocks 2016
The gold miners’ stocks have soared this year as investors flock back into this long-abandoned sector. Many traders wonder if these eye-popping gains are merely the product of fleeting sentiment that could reverse anytime, or are supported by strong underlying fundamentals. With the gold miners reporting their latest quarterly operating results, this extensive new data offers great insights into gold mining’s fundamentals.
By law, publicly-traded companies must file quarterly earnings reports four times a year. These yield a treasure trove of valuable information for traders, and are easily the single-most-important contribution to financial-market transparency. The Securities and Exchange Commission requires companies traded on the US stock markets to file quarterly earnings reports no later than 45 days after their quarters end.
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Friday, February 19, 2016
Is the Gold Price Manipulated? / Commodities / Gold and Silver 2016
The belief in manipulation in the gold market is associated with the notion of discrepancies between the paper and physical price of gold. The latter is artificially set lower by futures markets creating tons of synthetic gold. Hence the price of gold does not reflect its fundamentals. But the divergence between paper gold and ‘real’ gold cannot last forever; therefore the day of reckoning will finally come, and the paper gold market will collapse and the price of gold will skyrocket.
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Friday, February 19, 2016
Marc Faber Warns “Own Some Solid Currency, In Other Words … Gold” / Commodities / Gold and Silver 2016
“Leave a million dollars with a bank, and in a year, you get only something like $990,000 back,” Marc Faber, respected publisher of the Gloom, Boom & Doom Report, told Bloomberg by phone yesterday.
“I would rather want to own some solid currency, in other words … gold” warned Faber.
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Friday, February 19, 2016
Fascinating Gold Charts With Hidden Trendlines / Commodities / Gold and Silver 2016
Gold had another very strong day, closing the day 2% higher. After a strong run over the last couple of weeks, the question is where gold stands, and how much upside potential it has. Let’s revise the charts and leading indicators in this article.
First, our daily gold chart (since gold peaked) shows that gold recently broke out of its downtrend. Interestingly, the gold price retraced this week to just below the resistance line, and closed today 1% above it. So far so good, this is strong price action without any doubt.
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Friday, February 19, 2016
Trump Candidacy Is Sign of a Falling Empire and a Rising Resource Market / Commodities / Metals & Mining
Dramatic daily moves in the U.S. dollar, gold prices and the larger markets are pointing to a global banking collapse that will send resource prices higher in 2016, according to 321gold.com founder Bob Moriarty. In this interview with The Gold Report, he shares his insights on how mining equities will react and five names he is watching.
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Thursday, February 18, 2016
Gold BUGZ v. MR. NASTI / Commodities / Gold and Silver Stocks 2016
Now before you get down on Mr. Nasti's ($NASI) case, just realize he is just the bagman for the US TREAS, BOJ, BOE, ECB, ESF, JPM, and PPT. They all helped jump start the volume which has brought the mullets and some institutions back as well as BIG foreign money coming to the USA as tax dodge in their own countries. Ironic isn't, the USE Red-Letters all the other tax havens and busts them, not to increase the US's legal take, but to steal their business !
Wow what a plan !! They did that in plain view and not one figured it out !!
Thursday, February 18, 2016
Precious Metal’s War: Central bankers have Not lost & Never will / Commodities / Gold and Silver 2016
An empty head is not really empty; it is stuffed with rubbish. Hence the difficulty of forcing anything into an empty head. Eric HofferThey might lose a battle or two, but war is a composition of battles, and when it comes to war, these guys never lose as their principle is simple. Take no prisoners, shoot to kill and ask questions only if the enemy survives the onslaught of bullets. This would be a good time to read the book “the art of war” by Sun Tzu.
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Thursday, February 18, 2016
Two Top Reasons Why Silver Is A Must-Have / Commodities / Gold and Silver 2016
The timing of this silver rally relative to the gold silver ratio (GSR).
In the last 100 years, there were three significant silver rallies, with the current one still in progress. Below is a long-term Gold/Silver Ratio chart showing those silver rallies:
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Thursday, February 18, 2016
ABN AMRO Predict Gold At $1,300 By Year End, Up From $900 / Commodities / Gold and Silver 2016
Gold is holding solidly above $1,200, brushing off news of the freshly released Fed minutes. Iranians cautiously welcome the Saudi-Russian oil production pact, while stating that they support cooperation to achieve higher oil prices, they also have domestic pressure to ramp up export of supply and cash in after years of being locked out of the market. This may possibly weigh down future oil price rises.
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Thursday, February 18, 2016
What is the Best Trade on the Gold Mining Sector? / Commodities / Gold and Silver Stocks 2016
Gold prices soared last week when Fed market pricing went to extremes, with bond prices indicating that there was next to no chance of a rate hike in the next twelve months. We have covered the cause of this irregular pricing, which was the stopping out of 2016 consensus macro trades, in a previous article, so we will not repeat ourselves here. For the purpose of this analysis it suffices to say that gold prices were heavily overbought when they challenged $1250 and that the currently high levels are unsustainable.
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Thursday, February 18, 2016
Gold Price Shows Some Resilience / Commodities / Gold and Silver 2016
Gold and silver were hit early in the overnight, and there was some obvious quote stuffing and other gimmicks in the gold futures to take the price lower. Don't take my word for it, it was Nanex that printed this and showed the data.
And gold once again would not be denied, and held the 1200 level and then some.
Let's see how we keep going in this potential chart formation.
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Wednesday, February 17, 2016
Gold and Silver - Goldman Says Have No Fear and Buy Our Paper / Commodities / Gold and Silver 2016
Goldman analyst Jeffrey Currie came out this morning with a 'sell gold' recommendation for Ma and Pa Muppet.
I was fortunate enough to hear his explanation for this in his own words on Bloomberg TV, which had touted his gold call about every fifteen minutes all day.
The net summary of Mr. Currie's forecast is that Goldman's economists think that there ought to be no fear in the financial paper markets, since there is an historically low chance of a recession, less than fifteen percent, and he sees no real possibility of negative interest rates.
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Wednesday, February 17, 2016
Gold Price Stabilises Above $1,200; Asia Markets Run Out Of Steam / Commodities / Gold and Silver 2016
Global economic turmoil continues to rumble on as major economies seek to come to grips with a changing monetary environment, sagging growth, low inflation, pockets of deflation and uncertainty over the future of Europe post Brexit. Japanese shares sold off after their gains on Monday, falling 1.8% in today’s trading sessions. European shares rising 1.6% this morning on the back of an expectation that volatility in the markets may begin to stabilise, feels more like a dead cat bounce to be honest.
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Wednesday, February 17, 2016
Gold Knocked for a Loop / Commodities / Gold and Silver 2016
This looks to me more like an overreaction to the down side in gold based off a sort of mini-panic out of the safe haven trades.
From a fundamental standpoint, nothing has changed in regards to the concerns about negative interest rates nor the chaotic nature of the forex markets. While today’s move in gold certainly was certainly unsettling, it should be kept in mind that this market has rallied nearly straight up since January 14 putting on almost $190 in a month. That is one impressive rally!
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Wednesday, February 17, 2016
Did the Dow Just Prove Goldbugs Right? / Commodities / Gold and Silver 2016
When celebrity investor Mark Cuban announces to the world that he is investing in gold, is that a sign that the ride up is just getting going, or that it has already peaked? The Gold Report reached out to long-time experts in the sector for a better understanding of what is moving the markets—negative interest rates, a topping dollar, Fed testimony, increased gold buying in China—and what that means for junior mining stocks in the coming months.
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Tuesday, February 16, 2016
Gold Price Breaking Out or Just Another Letdown / Commodities / Gold and Silver 2016
From top to bottom of the ladder, greed is aroused without knowing where to find ultimate foothold. Nothing can calm it, since its goal is far beyond all it can attain. Reality seems valueless by comparison with the dreams of fevered imaginations; reality is therefore abandoned.
Emile Durkheim
Monday, February 15, 2016
Silver, Gold, the Argentina Peso, and Exponentially Increasing Prices / Commodities / Gold and Silver 2016
The exchange rate between the Argentina Peso and the US dollar in January 1945 was 4.17 pesos to one dollar. Like the United States, Argentina created substantial price inflation – devaluation of their currency – in the 1950s – 1990s.
According to Wikipedia Argentina devalued their currency by a factor of 100 in 1970, by another 10,000 in 1983, by another 1,000 in 1985, and by another 10,000 in 1992.
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Monday, February 15, 2016
The Retracement In the Price of Gold / Commodities / Gold and Silver 2016
Here is a closer look at the retracement of gold we have seen as of this morning.
While the US markets are closed for Presidents' Day, the rest of the world is open for business.
As you can see from the second chart from Friday, gold had become quite overbought short term.
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Monday, February 15, 2016
Consensus Macro Trades Stop Out: Gold Has Made A Near Term Top / Commodities / Gold and Silver 2016
Macro consensus trades into 2016 have not worked well, at all. This week saw a large flush out in positioning across financial markets. There are three consensus trades that we feel have been particularly squeezed and what we believe was a final clearout of these position sent other assets, such as gold, to extreme levels that present a number of trading opportunities.
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Monday, February 15, 2016
Gold And Silver – Will Precious Metals Purchasers Become Terrorists? / Commodities / Gold and Silver 2016
A clarification: We tend to use the regular Friday closes for our charts to avoid the closing “fix” that can sometimes be several dollars for gold and several cents for silver away from the end of Friday trade. It is not of much consequence because we are consistent in doing it that way, but two weeks ago, the was a substantial rally after the normal close, and it was not taken into consideration during our analysis.
More people are becoming aware that not all is as it seems with the federal government, but there is still a reluctance, even a refusal, to attribute many of today’s existing problems as a root cause by the federal government, which is not a government of, by, or for the people. Today’s de facto federal government has been a product of the globalists for over a century, starting in more earnest when the Rothschild’s financed both sides in the Civil War, and when Lincoln introduced the Executive Order, now routinely used by presidents to by-pass Congress in the Bread and Circus facade known as the federal government where the globalists are in charge behind the “curtain.”
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