Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, August 31, 2015
Silver and Warnings From Exponential Markets / Commodities / Gold and Silver 2015
For the past 15 – 40 years, debt and prices in most markets have moved upward, broadly speaking, in exponential trends. See the following log-scale graphs.
US T-Bonds: T-Bonds have been rallying in their bull market since the early 1980’s. Will they continue, correct, or crash? Doug Noland says it is “The Beginning of the Great Global Unwind.” See chart.
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Monday, August 31, 2015
Gold Price Set for Best Month Since January as Stock Market Rout Lifts Safe Haven / Commodities / Gold and Silver 2015
DAILY PRICES
Today’s Gold Prices: Bank Holiday in UK today
Friday’s Gold Prices: USD 1,125.50, EUR 998.23 and GBP 730.99 per ounce.
(LBMA AM)
Monday, August 31, 2015
Silver and The Mechanics of False Reality / Commodities / Gold and Silver 2015
“All truth passed through three stages: First it is ridiculed. Second it is violently opposed. Third it is accepted as being self evident”. - Arthur Schopenhauer
Once the truth about silver value becomes evident, it will probably be time to move on.
For now, watching price action can be torture.
Sunday, August 30, 2015
Gold’s 7 Point Broadening Top / Commodities / Gold and Silver 2015
Gold looks to have made a short term high and now looks headed back down. Let’s revise the daily and monthly charts.Read full article... Read full article...
Sunday, August 30, 2015
Gold Seasonality And Average Intraday Price Movement / Commodities / Gold and Silver 2015
It will be interesting to see how gold moves in the latter half of this year.
As for the intraday movement, the impact of the London - New York on the gold trade is hard to miss.
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Sunday, August 30, 2015
Gold Price Rally Marked by Short Covering / Commodities / Gold and Silver 2015
If there was ever any doubt that the majority of buying by the hedge fund category in the gold market over the past 3-4 weeks has been of the nature of short covering, this week’s COT should put that theory to rest.
Since the third week of July, the hedge fund category alone has covered or lifted 40,000 short positions. That against the addition of only 16,000 or so new long positions over the same time span. By a better than 2:1 margin, hedge funds have been covering shorts, not instituting fresh purchases of gold.
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Saturday, August 29, 2015
Gold Shares Lows are Near / Commodities / Gold and Silver Stocks 2015
As most of you know, many mining companies have fallen by over 90%. The HUI Gold Bugs index has fallen 83% since its 2011 peak in the second longest bear market in gold shares on record. It's fallen twice as much as gold's bear market loss of 43%.
But looking at the next two charts, both are saying the lows may already be in.
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Friday, August 28, 2015
Silver Sold, then Squeezed / Commodities / Gold and Silver 2015
While gold consolidated its recent gains, silver was sold down this week along with other metals and energy. The whole commodity complex suffered badly in the stock-market fall-out, before a sharp bear-squeeze across commodity markets pushed silver, copper and oil sharply higher yesterday (Thursday). Silver is now down 6.8% on the year and gold 5%. Prices were slightly firmer this morning in Asian trade, before the European opening.
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Friday, August 28, 2015
Einstein, Physics, Gold and The Formula To End Economic Decay / Commodities / Gold and Silver 2015
We continue to have a wonderful dialogue with and frequent editorial submissions from readers and clients. Today, we have a thought provoking and important article that should greatly contribute to the debate on the merits of continuing to use artificial money. David Bryan draws on the genius of Einstein and uses science as the basis for policies that would end economic decay and rejuvenate local and national economies and indeed the global economy.
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Friday, August 28, 2015
Currency Wars Detonate; Gold Refuses to Budge / Commodities / Gold and Silver 2015
The person who lives by hope will die by despair.
Italian Proverb
Over the years we have frequently stated that every that every major bull market will experience at least one back breaking correction. Usually the correction culminates with a 50% pullback from the highs. In the case of Gold, this would equate to a pullback to $960. The precious metal’s sector had a splendid lope that began in 2003 and ended with spectacular dash in 2011. To think that the Gold bull would continue unabated would be to put it mildly wishful thinking. Sadly, many Gold bugs opted for this line of thought, rather than dealing with reality; the reality being that it was time for the entire sector to let out some steam.
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Friday, August 28, 2015
Gold: Bullish in Real Terms, Bearish in Nominal Terms / Commodities / Gold and Silver 2015
Last week when we covered rebound targets in the precious metals sector we also discussed the importance of Gold’s performance in real terms. It can be a leading indicator for the sector at key turning points. Since then precious metals sold off in aggressive fashion alongside global equity markets. However, Gold against equities gained materially. This is something to keep an eye on as it hints that a trend change is boiling under the surface.
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Thursday, August 27, 2015
Why a Fed Rate Hike Could Be a Blessing for Gold Prices / Commodities / Gold and Silver 2015
Like a true contrarian, Gold Newsletter publisher Brien Lundin looks beyond the headlines to understand what is really moving precious metals prices. He has concluded that the mainstream media may have it all wrong. Suspected anchors on the gold price such as an interest rate increase and devaluation of the yuan could actually be a rallying cry for commodities, he says in this interview with The Gold Report. And, he points to a baker's dozen of companies poised to take off when the arrows turn.
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Thursday, August 27, 2015
Keep Your Eye On the Gold and Silver Bear / Commodities / Gold and Silver 2015
Tonight we’re going to look at the precious metals complex and get focused again as this is the area we need to concentrate our efforts right now IMHO. All the volatility in the stock markets has many taking their eyes off the ball of what may turn out to be the trade of a lifetime for some of you. I’m just as guilty as the next person trying to play the stock markets looking for that big trade that is so elusive right now. The stock markets are like a veg o matic chopping up both the bulls and the bears alike.
I have made a couple of small trades trying to catch one of the swings but the volatility is very hard to deal with. Back in 2000 after the markets topped I began to play the short side as bear markets can be very profitably if you can catch them just right. What I learned back then was you had to be dead on the money with your entry points because the volatility would knock you out before the move you were looking for actually took place. It looks easy in hindsight when you view the long term charts of bear markets but trading them in real time is a whole different ballgame.
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Thursday, August 27, 2015
Why Gold Was the Best Buy in 2008-9 Crash and Will Be Again This Time Too / Commodities / Gold and Silver 2015
DAILY PRICES
Today’s Gold Prices: USD 1128.50, GBP 728.91 and EUR 999.38 per ounce
Yesterday’s Gold Prices: USD 1134.40, GBP 724.63 and EUR 990.05 per ounce.
Thursday, August 27, 2015
Crude Oil Price One-day Rebound or Something More? / Commodities / Crude Oil
Trading position (short-term; our opinion): Short positions with a stop-loss order at $45.32 and profit-take order at $35.72 are justified from the risk/reward perspective.
On Tuesday, crude oil gained 4.15% after China's central bank cut interest rates. Thanks to this news, light crude reversed and invalidated Monday’s breakdown under the support line. Despite this move, the commodity still remains under the barrier of $40. Will it stop further improvement in the coming days?
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Thursday, August 27, 2015
Chinese Medicine not Impressing Dr Copper / Commodities / Copper
Dr. Copper apparently does not approve of the prescription ordered by the Chinese authorities to stem the slowdown in that nation, namely another 25 basis point interest rate reduction and a lowering of bank reserve requirements.
The red metal cannot sustain any upside action for long before sellers emerge to whack it again.
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Wednesday, August 26, 2015
Gold and Silver - How To Manipulate a Market / Commodities / Gold and Silver 2015
There will be an option expiration tomorrow for precious metals on the Comex.
Gold and silver were hit in the classic contract dump early on in the New York Trade.
Surprisingly the US dollar also fell. Stocks tried to stage a rally but faded badly and fell into the close.
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Wednesday, August 26, 2015
Stock Market and Gold Mining Shares Update / Commodities / Gold and Silver Stocks 2015
Most people did not expect what happened on Monday morning. The futures traders took the ES down to 1830 with the cash market stabilizing at SPX 1867 in just a few minutes time. Clive Maund gets some kudos here calling for the Dow Industrials to be down a potential 1000 points Monday, but as I recall, he believed it would be a public panic, not what just happened with the futures (Good call Clive!).This was first time I’ve seen my TLC indicator be off a day as it was calling for a Friday bottom. The Gann cycle low was maxed out at 16+4 TD’s from the July 27 low and the 4 TD low part of that cycle was due no later than early Monday, which is what happened.
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Wednesday, August 26, 2015
The Gold and Silver “Shortage”? / Commodities / Gold and Silver 2015
By Chris Marchese : A pet peeve of mine is when an article is published talking about a shortage in silver or gold. Recently, we have seen an increase in articles claiming that there is a precious metals shortage simply because both the U.S. mint and Royal Canadian Mint ran out of blanks. Both government mints predetermine a rough amount they will mint at the start of the year. When demand surges, a “bottleneck” can occur and this has happened in the past.
Why is this such a pet peeve? Because a shortage in a specific silver product does NOT mean a shortage in the raw material. It would be like saying there is a rice shortage if Rice Krispies stopped being produced momentarily.
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Wednesday, August 26, 2015
Here’s What Happens When Crude Oil Geo-Policy and Market Reality Collide / Commodities / Crude Oil
MoneyMorning.com Dr. Kent Moors writes: Over 220 years ago, a Scottish writer by the name of Thomas Carlyle provided a personal account of what Paris was like during the French Revolution. The three-volume work (which at one point I suggested in an academic article was two volumes longer than necessary) is full of personal anecdotes. One of them is particularly relevant these days.
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