Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, October 28, 2015
Sea Change in the Fed Swamps Gold / Commodities / Gold and Silver 2015
WOW! I know no other way of saying it than to say that the Fed took everyone by surprise. I certainly did not expect this Fed, this timid FOMC, to sound such a hawkish note.
As dovish as Draghi and the ECB sounded last week, the Fed sounded hawkish this week. Talk about a sea change in attitude!
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Wednesday, October 28, 2015
Falling Wedge Formation Pointing to Higher Gold Price / Commodities / Gold and Silver 2015
Technical analysis has always been a difficult craft to perform as evolving formations sometimes point to certain outcomes but not always do we get these outcomes. Since the great financial crisis of 2008 and the intervention of all major Western central banks in capital markets via their policy of quantitative easing and zero interest rates it has become even more difficult to use technical analysis tools to try and predict market action. With that in mind here is what we think the technical tea leaves are telling us about the gold price.
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Wednesday, October 28, 2015
Stop Blaming OPEC For Low Oil Prices / Commodities / Crude Oil
We are a little more than a month away from OPEC's next meeting, which will be held in Vienna on December 4, 2015.
OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining balance through production cuts. Instead it pursued a strategy of fighting for market share, contributing to an immediate rout in oil prices. WTI and Brent then went on to dive below $50 in the weeks following OPEC's decision.
Tuesday, October 27, 2015
Gold Investors Stick to Your Guns—Hold on to Those Mining Shares / Commodities / Gold and Silver Stocks 2015
Do you have wealth insurance? Tocqueville Gold Fund Portfolio Manager John Hathaway has studied the past and he sees a bright future for those who have taken the precaution of protecting themselves from the downside of a general bear market by buying resource mining stocks when they are at historic low prices. In this interview with The Gold Report, Hathaway shares the names the fund is holding as ammunition for a better gold market.
The Gold Report: John, you have studied the fundamentals of gold through history. What is behind the current market prices, and what will it take to move prices higher again?
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Monday, October 26, 2015
Precious Metals Starting To Produce Some Winners / Commodities / Gold and Silver Stocks 2015
Everybody who’s owned gold and silver mining shares through a couple of cycles has their favorite story of the stock that took off and ran away. There was Glamis Gold, which rose from $1 to $40 in the space of a few years before selling out to Goldcorp. And Silver Wheaton, which soared from $3.45 in 2008 to over $40 in 2011. And many, many more.
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Monday, October 26, 2015
Big News This Week on the Fed, Debt Ceiling, and Physical Silver Premiums / Commodities / Gold and Silver 2015
Clint Siegner writes: Gold and silver spot prices lost ground to a strengthening U.S. dollar last week. The dollar enjoyed its best week in 5 months, as other major world currencies weakened. European central bankers are once again hinting at more stimulus, and the Chinese government cut interest rates for the 6th time in the past year.
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Monday, October 26, 2015
Green Light Silver – Part 2 / Commodities / Gold and Silver 2015
In part one we stated that “Silver looks like it has bottomed and will move substantially higher.” In summary:
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Sunday, October 25, 2015
Gold and Silver Charge of the Light Brigade / Commodities / Gold and Silver 2015
Gold and silver were hit by paper contract selling this morning and the US dollar caught a bid higher.
The only delivery action in The Bucket Shop was another house to house account delivery of gold from Nova Scotia to JPM.
Someone who owned gold bullion in the Nova warehouse put it up for delivery. I wonder who that could be.
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Sunday, October 25, 2015
Gold and Oil Consolidating Ahead of Next Rally / Commodities / Gold and Silver 2015
Gold and oil both are moving down into a daily cycle low, consolidating gains and building energy to break through their 200 day moving average.
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Saturday, October 24, 2015
Day Of Reckoning For U.S. Shale Oil Will Have To Wait / Commodities / Shale Oil and Gas
October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound.Read full article... Read full article...
Saturday, October 24, 2015
Gold And Silver – Elite’s NWO Secretly Operates In The Open / Commodities / Gold and Silver 2015
There are far bigger concerns about which Americans remain woefully unaware, even within the Precious Metals community. How much demand there is for silver coins, how low is the supply for silver in contradistinction to an insatiable demand, China supposedly to set the price for physical gold to reflect reality once the Shanghai gold exchange got up and running, which it has been, etc, etc, etc, are not the most relevant factors, right now.
Almost all of the so-called PM experts/bloggers who report detailed information, and many available articles on the web focused on gold and silver, have collectively been untimely as to expectations in the ‘meteoric’ rise in prices that are supposed to reflect the realities of actual supply and demand. China will not be the country [even including the BRICS nations collectively] to rescue gold from the fiat-driven Western global elites who do whatever possible to make gold economically irrelevant on the world economic stage.
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Saturday, October 24, 2015
GDXJ, GDX Gold Miners Holding Gains in Bullish Fashion / Commodities / Gold and Silver Stocks 2015
We published a video update a few days ago discussing the short-term outlook for the precious metals sector which includes the gold miners. With regards to the miners, we took the view that they could digest recent gains and hold support or break lower and trade close to the support near summer lows. After this week and today especially, one scenario is more likely.
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Friday, October 23, 2015
Silver’s Deep Undervaluation / Commodities / Gold and Silver 2015
Silver is finally showing some signs of life after suffering a dark year. The epically-bearish sentiment that bludgeoned this metal to major secular lows is cracking, with a strong rebound rally now underway. And this recent buying is likely just the earliest vanguard, as silver remains deeply undervalued relative to its primary driver gold. Silver will need an utterly massive upleg to fully mean revert to normal levels.
Silver has been out of favor for a long time, the last few years. And 2015 didn’t give beleaguered silver investors much hope. By late August, July’s extreme gold-futures shorting attack had dragged silver down to a major 6.0-year secular low. Down 9.9% year-to-date at that dark nadir, silver was left for dead by traders. The despair was real, as it certainly felt like silver was doomed to keep grinding lower forever.
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Friday, October 23, 2015
The Seven Biggest Lies Told and Believed about Gold / Commodities / Gold and Silver 2015
Guy Christopher writes: It’s hard to say which lie about gold is the biggest whopper.
Many widely held beliefs about gold are lies – propaganda hammered home to have us believe the only true measure of wealth is government-issued debt.
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Thursday, October 22, 2015
Silver Prices and The Fiduciary Standard Of Care / Commodities / Gold and Silver 2015
Once again we get to continue along this discussion of how the price of silver is truly formed in the market as we see it today.
The reason for that is so that you can have as a resource the ability to go to a whole set of information that shows you what's really happening in real time, rather than going out and feeling disconnected or disintegrated and looking weak correlations that have no connection to anything.
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Thursday, October 22, 2015
USO Patience Before Picking Cycle Low / Commodities / Crude Oil
A little more patience before trying to pick the cycle low in oil. RSI is just now getting oversold so its getting close.
I Like to see price close below the lower Bollinger band before trying to pick the bottom. Once it does then wait for a swing low to form.
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Wednesday, October 21, 2015
Why Opportunistic Investor Chen Lin Is Hoping for $20/Barrel Oil / Commodities / Oil Companies
A quick drop to $20/barrel oil could be the best thing for energy companies with enough cash in the bank to take advantage of the sharp bounce predicted in the wake of such a dramatic fall. In this interview with The Energy Report, newsletter writer Chen Lin names two companies that could not only survive the oil price downturn, but also are perfectly positioned in the global market to start generating barrels of cash for investors.
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Tuesday, October 20, 2015
China’s Stock Market Crash and Gold / Commodities / Gold and Silver 2015
The stock market crashes were – alongside the devaluation of yuan – the most important recent developments in China. The stock market started rising during the summer of 2014, when the property market started to burst. The timing is no coincidence, as the government wanted to replace one bubble by another. By inflating (or at least cheerleading) the stock market bubble (by cutting interest rates and providing liquidity into the markets via the Pledged Supplementary Lending and Medium-Term Lending Facility, the Chinese version of quantitative easing both worth over the 2 trillion yuan), the Communist Party of China wanted to sell equity stakes of dangerously debt-burdened state enterprises and help clean up messy balance sheets, as well as to create a wealthy middle class, as a condition to move from exports/investment-led growth to domestic-consumption-led growth.
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Tuesday, October 20, 2015
Gold On Verge Of Posting First Positive Year Since 2012 / Commodities / Gold and Silver 2015
Gold is looking likely to finish the year positive for the first time since 2012, according to Frank Holmes writing in Forbes today. Holmes points to the weaker US dollar, the probability of near-zero interest rates for the remainder of the year and a seasonal increase in demand as underpinning the positive momentum.
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Monday, October 19, 2015
Crude Oil Market Showdown: Can Russia Outlast The Saudis? / Commodities / Crude Oil
"Two men enter, one man leaves, two men enter, one man leaves, two men enter..." - Mad Max: Beyond ThunderdomeNovember 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.
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