Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Wednesday, January 07, 2015
Top Five Factors Affecting Oil Prices In 2015 / Commodities / Crude Oil
As we ring in the New Year, let's take stock of where we are at with the oil markets. 2014 proved to be a momentous one for the oil markets, having seen prices cut in half in just six months.
The big question is what oil prices will do in 2015. Oil prices are unsustainably low right now – many high-cost oil producers and oil-producing regions are currently operating in the red. That may work in the short-term, but over the medium and long-term, companies will be forced out of the market, precipitating a price rise. The big question is when they will rise, and by how much.
Tuesday, January 06, 2015
January Barometer Forecasting Strong Year for Junior Gold Miners in 2015 / Commodities / Gold and Silver Stocks 2015
There is an old market saying, “As January Goes so too the Year”. Tensions between Russia and the West continue to push precious metals higher, while the equity markets such as the Dow and S&P500 are crashing. Gold climbed back above the critical $1200 mark. Once again the Greek debacle is coming back to haunt markets as investors fear another decline in the Euro. The Dow was down over 300 points yesterday as investors are beginning to brace for uncertainty from a declining oil price pushed down to punish Putin and his friends.Read full article... Read full article...
Tuesday, January 06, 2015
Gold Price / Commodities / Gold and Silver 2015
Gold has gone sideways since late Oct. and at this point the Dec 24 low is pivotal. A close below 1,173.50 will open the door for a return to the Nov low at 1,137. The 89-dma has done a good job of providing support and resistance all year and is now at 1,212. Stay bearish until it is exceeded.
A bull flag (if triggered by a move above the 89-dma) measures a minimum move to 1,300. A five-wave decline from the 2011 high appears to be finished and comes complete with a positive divergence in weekly RSI (chart). However, a full moon (often seen at turning points in gold) is due today and short-term cycle highs are due near Jan 7 and 13 so any rally early this week will probably be turned back once again.
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Tuesday, January 06, 2015
Falling Oil Prices and Gold Market / Commodities / Commodities Trading
In the last Market Overview we pointed out some signals indicating that recession may be on the U.S. horizon. There is no doubt that a possible outbreak of the crisis would have important implications for the whole global economy, including of course the gold market. Therefore, it is extremely important to analyze gold performance through business cycle.
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Tuesday, January 06, 2015
Next Energy Crisis As Early As 2016 / Commodities / Crude Oil
Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and the price of gasoline is under $2.00/gallon in Texas. If oil supply falls too far, we could see gasoline prices doubling within 18 months. For a commodity as critical to our standard of living as oil is, it only takes a small shortage to drive up the price.
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Tuesday, January 06, 2015
This Oil Thing Is The Real Deal / Commodities / Crude Oil
Well! WTI below $50 and Brent below $53 when I start writing this. Who knows where they’ll be by the time I’m finished?! The euro down below $1.20, US stocks flirting with -2%, major European ones off -3%, Italy and Greece over -5%. Welcome to the real world, baby! Didn’t think you’d see it again so soon, did you? Welcome to the world where the Kool-Aid recovery does not reign supreme.
Not that you’re not going to hear that anymore, and 24/7 incessantly so, but there’s no recovery with these oil prices, no matter what anybody says. The damage must be gargantuan by now. Everybody’s invested in oil. Sure, lots of shorts and stuff by now, but that’s not going to do much good. Not for pensions funds, or for governments. This thing will not blow up or over softly.
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Tuesday, January 06, 2015
Investing During the Era of Peak Gold Discoveries / Commodities / Gold and Silver Stocks 2015
We've hit peak economic gold discoveries, but unlike the new fracking technologies that saved the oil industry, there's no fracking technology to coax mineral wealth from ever-deeper deposits. In the face of this shortage, expert geologist Brent Cook of Exploration Insights is scouting out companies that are cashed up and poised to deliver value when other miners may be left scraping the bottom of the barrel. In this interview with The Gold Report, find out what Cook expects for gold exploration in 2015, and why the next few years are going to be very interesting indeed for yellow metal miners.
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Monday, January 05, 2015
Oil Price Plunge, When Exactly Are Falling Prices Bad? / Commodities / Crude Oil
The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison. As many governments and central banks have vowed to fight deflation at all costs in 2015, the question could hardly be more significant.
While falling prices may strike the layman as cause for celebration, economists believe that it can kick off a nasty, and often inescapable, negative cycle, which many believe leads inevitably to a prolonged recession, or even a depression. However, these same economists acknowledge that falling energy prices may offer a stimulus, equivalent to an enormous "tax cut," particularly for lower and middle income consumers for whom energy costs represent a major portion of disposable income. They suggest that the money consumers and businesses no longer spend on gasoline and heating oil could be spent on other goods and services thereby creating demand in other areas of the economy. Even Fed Chair Janet Yellen, a staunch advocate of the economic benefits of rising consumer prices, has extolled the benefits of falling oil prices.
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Monday, January 05, 2015
Gold Price Was Up 73% Last Year! / Commodities / Gold and Silver 2014
Dmitry sipped his coffee drink at his favorite café in Moscow, flipping through the newspaper in front of him. It was full of bad news: currency troubles, ongoing sanctions from the West, rising inflation, and more.
But he ignored all that. He turned to the investment section and began to scan the page, looking for the latest price of one specific investment. He went past the headline that screamed Russia’s inflation rate was up to 11.4% last year, as well as the article detailing the ruble’s debilitating 46.5% fall. He knew all those things and had experienced them firsthand.
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Sunday, January 04, 2015
Gold Price Looks Ready to Go Higher from Here / Commodities / Gold and Silver 2015
The big picture in Gold hasn’t changed much over the past month. For approximately nine weeks now Gold has been consolidating around prior support of 1,182.20, a price first hit back in June of 2013. This price area was then tested as support first in December 2013, then more recently in May 2014. During that 16-month time frame Gold consolidated forming a bearish descending triangle pattern. It broke out to the downside nine weeks ago. However, there has been no follow through as it bounced off 1,132.08 and has crept higher since, closing at 1,189.60 last week.
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Sunday, January 04, 2015
PHLX Gold/Silver Index (XAU) and Rare Earths ETF (REMX) Analysis / Commodities / Gold and Silver Stocks 2015
PHLX Gold/Silver Index (XAU) and Rare Earths ETF (REMX) Analysis
XAU
The Philadelphia Gold and Silver Index (XAU) consists of sixteen precious metals mining companies that is traded on the oldest stock exchange in the United States – the Philadelphia Stock Exchange which was purchased by NASDAQ in 2008. Price last traded at $70.51.
Let’s take a top down approach to the analysis beginning with the yearly chart.
Saturday, January 03, 2015
The Energy Sector Takes 2015 by Storm / Commodities / Energy Resources
Rachel Gearhart writes: Stocks are booming, the economy is growing, the job market is strengthening and it’s looking like the prosperity will continue into 2015.
With the bombardment of doom-and-gloom business news, that may feel more like wishful thinking than reality. So let’s allow the numbers to tell the tale.
In 2014, American-based mergers and acquisitions rung in at $1.52 trillion, up from $998 billion in 2013.
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Saturday, January 03, 2015
Gold And Silver - 2013, 2014, 2015...Expect More Of The Same / Commodities / Gold and Silver 2015
Each week, we prepare a selection of newsworthy events to which the current market can explained, somewhat. This week is no exception, save one difference, that being so many want to see/hear some kind of look into the prospects for the year ahead. Our look ahead starts with a rear view mirror look back at 2014. In hindsight, we began 2014 with a positive outlook, but that quickly changed into the view that 2014 could turn out to be just like 2013...no big rally. On that score, we were on point.
Before engaging in a review, we have abandoned providing any background news, this week, because for us, the most important news moving forward is found in the six charts that follow. If you are willing to accept the message the market is giving to everyone, you will understand the folly of those who opt to make price "predictions." Keep in mind, a good many of the experts with the largest followings were touting a price breakout by the end of 2014. None called for new recent lows, and if someone did, our apologies for not knowing who you are. Bottom line: predictions are a waste of time.
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Saturday, January 03, 2015
2015: Why's the Oil Price Collapsing? Answer: $8+ Trillion Carry Trade / Commodities / Crude Oil
Most in the media are utterly clueless about what's coming in 2015. It is incumbent upon ATCA 5000 to clarify the situation as we did prior to the start of The Great Reset and The Great Unwind during 2007-2008 based on our global intelligence gathering, detailed scenario planning and mathematical modelling of capital allocation and trans-national flows:
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Friday, January 02, 2015
Why You Need to Own Gold In 2015 and Beyond / Commodities / Gold and Silver 2015
Clint Siegner writes: Debt is a rock, and spending reform is a hard place. The taxpayers of today and tomorrow are saddled with crushing obligations. Yet we must watch helplessly as leadership in Washington DC continues expanding government -- borrowing what they can and simply printing what they cannot.
Each day more Americans sense a reckoning is coming. Our government is increasingly insolvent. The unbacked dollar is certain to be worth less, and it may not survive at all.
Friday, January 02, 2015
Gold Stocks GDXJ Potential Upside Target 2015 / Commodities / Gold and Silver Stocks 2015
As 2015 begins I’d like to briefly follow up on my most recent article in which I discussed the oversold condition in the miners. Breadth indicators as well as technical indicators (such as distance from the 200-day moving average) showed the miners reaching an extreme oversold condition in November and nearly again only a few weeks ago. Miners essentially were at their third most oversold point since 2001. The other two were during the 2008 financial crisis and during Gold’s spring collapse in 2013. The current oversold condition combined with the failure of most indices to make new lows in December could be the setup for a first quarter rebound.
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Thursday, January 01, 2015
Gold Price Trend Forecast 2015 Video / Commodities / Gold and Silver 2015
Gold bug expectations for the Gold price to soar during 2014 once more failed to materialise for a third year with the Gold price ending down on the year at $1180 against $1204 at its start. Will 2015 be any different? Find out in this video analysis that concludes in a detailed trend forecast for 2015.
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Thursday, January 01, 2015
Natural Resource investors Resolve to Do Better in 2015 / Commodities / Resources Investing
As natural resource investors take stock of their 2014 portfolio shifts and make adjustments for 2015, The Gold Report quizzed top experts in the sector on what resolutions they are making and—perhaps more important—what steps they are taking to make sure they will stick to the hard choices they have vowed. We want to know if you are taking the same steps, have your own plan to make the most of whatever happens in the sector or just plain disagree. Please use the comment section to let us know what you will be investing in as we bravely face a new year.
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Thursday, January 01, 2015
Gold Price Targets for 2015 / Commodities / Gold and Silver 2015
Below is a gold chart I worked on this weekend. It has a lot of information on it to digest. First thing to note is the top rail of the black falling wedge. As you can see the top rail comes in around the 1215 to 1220 area. Not that it means anything but the two black rectangles are exactly the same size that measures time and price for the rectangle on top and our current triangle below. If our current triangle plays out as a halfway pattern, I have it measured using the BO to BO and the impulse method with the price objectives at the bottom of the chart. I think we could see a small halfway pattern form during the second impulse move down before the actual price targets are hit. The very bottom price objective is the 2008 crash low at 685 which looks like it would hit the bottom rail in October. Something to watch when the bottom rail gives way.
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Wednesday, December 31, 2014
Gold Beat All Other World Currencies in 2014 / Commodities / Gold and Silver 2014
"Gold is money. Everything else is credit."~ J.P. Morgan in 1912
Loyal readers of our Investor Alert and my blog Frank Talk are no doubt aware that the U.S. dollar's rising strength has put pressure on commodities such as oil and gold. I wrote about this as recently as my roundup of the top commodities stories of 2014, which you can read here.
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