Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, November 07, 2014
Gold and Silver Hit By Strong U.S. Dollar / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
The dollar continued its upward path against the major currencies this week, and gold and silver prices suffered accordingly. The bears have maintained the upper hand, as shown in the following charts of Comex prices and Open Interest.
Friday, November 07, 2014
Gold's Fundamental Supply Picture / Commodities / Gold and Silver 2014
By: Richard_Mills
Demand
Global gold demand was 964t in Q2 2014, significantly reduced from the record high in Q2 2013.
ETF outflows slowed sharply.
Central Banks continued to buy gold for the 14th consecutive quarter in Q2 2014. CB's purchased 118t in Q2 2014 up 28% over Q2 2013. The announcement of a fourth CBGA in the second quarter also reiterated that sales will not be forthcoming from some of the largest holders.
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Friday, November 07, 2014
Silver Price and Powerful Forces / Commodities / Gold and Silver 2014
By: DeviantInvestor
Example 1: When a golfer hits a shot to the green he often yells “sit” as he orders the ball to slow or stop near the flag. Even professionals indulge in this bit of satisfying self-delusion. However, the ball responds to powerful forces, such as wind, the undulations of the green, its own momentum, and gravity.
Example 2: A mother demands that her teenage son clean his room. Instead he responds to powerful forces, such as testosterone surges, cute girls, and teenage rebellion.
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Friday, November 07, 2014
Gold Bug Psychology Must be Neutered / Commodities / Gold and Silver 2014
By: Gary_Tanashian
The precious metals bear market, beginning with silver’s blow out in early 2011 and the general top in the commodity and ‘inflation trade’ along with gold’s lesser blow out later that summer amidst Euro crisis hysterics, has been all about psychology. Well, every bear or bull market is about psychology, but the intensity of this dynamic has been something to behold in the gold sector over these last few years.
Friday, November 07, 2014
Marc Faber Warns Not to Hold Any Gold in the U.S. / Commodities / Gold and Silver 2014
By: GoldCore
Dr Marc Faber has again urged people in the world to be diversified, own physical gold and to be their own central bank.
In another fascinating interview with Bloomberg, Dr. Marc Faber covered Japan's massive QE experiment, the slump in oil prices and the importance of diversification and owning physical gold.
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Friday, November 07, 2014
The Silver Mining Cartel / Commodities / Gold and Silver 2014
By: Dr_Jeff_Lewis
The silence of the precious metals producers in the face of blatant, ongoing, illegal, and seemingly never ending price suppression has been deafening. How could the primary gold and silver producers sit by and watch as the price of their product is fixed by an illegal pricing mechanism? But just when it seemed it couldn't be any darker, we got a glimpse of the dawn.
Last month Keith Neumeyer, the celebrated CEO of First Majestic, changed the game. He made a shocking and graceful statement that should cause shock waves to reverberate across the sector.
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Friday, November 07, 2014
Gold and Silver Bear Markets Close to the Bottom but Not There Yet / Commodities / Gold and Silver 2014
By: Jordan_Roy_Byrne
The selloff in precious metals intensified over the past week. GDXJ declined 25% in seven days while Gold plunged below $1180 to $1140 and Silver plunged below $16 and to as low as $15.20. Precious metals are becoming extremely oversold and the bear market is clearly in the 9th inning. Be on alert for a snapback rally to repair the extreme oversold conditions. Although we are likely very close to the bottom in the miners, Gold’s current position continues to leave me skeptical.
Friday, November 07, 2014
Silver Price Extremes! / Commodities / Gold and Silver 2014
By: Investmentscore.com
To identify “buying opportunities” in “extreme” situations, we identify historical extreme situations and use them for a benchmark. Provided that a correction occurs in an active bull market, the insights from this kind of analysis can be very helpful.
Most should agree that the credit crisis was a major economic event that pushed nearly all assets down to an extreme low. We have used this kind of extraordinary market action as a comparison for the current commodities correction.
Friday, November 07, 2014
$80 Crude Oil Price is the New Normal Minimum / Commodities / Crude Oil
By: The_Energy_Report
Saudi Arabia has nothing to do with falling prices at the pump, argues Bob Moriarty. He sees falling demand as the culprit, driven by economic slowdown in China, Europe and the U.S. In this interview with The Energy Report, Moriarty explains why increased consumer spending won't solve our problems, and discusses why he's still a fan of North American energy stocks—even though he hates shale oil.
Friday, November 07, 2014
Why the Saudis are Fighting a Losing Battle Over Crude Oil / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: For the second time in a month, Saudi Arabia has grabbed the headlines in the oil markets. The kingdom is cutting prices again in its global oil feud.
In its latest version, Saudi Aramco (the national oil company) has restored an earlier price cut to Asia, but reduced its price to U.S customers.
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Friday, November 07, 2014
Could Gold Stocks Bottom at 2008 Credit Crisis Low Prices? / Commodities / Gold and Silver Stocks 2014
By: Jeb_Handwerger
The commodity equities are selling off as The Fed halts QE3. However, we are reaching oversold levels and support areas where short covering could soon begin. Commodities, metals and the junior miners are hitting multi year lows and falling below 2008 credit crisis levels. This crash is not based on fundamentals only on an artificially inflated dollar due to Yen and Euro weakness.
This is not a time to panic but continue to accumulate as the bear market may be reaching the final capitulation stage. This decline may be a sign that the quantitative easing may have lifted stock market indices, but it did little to improve demand and growth in the economy reflected by demand for energy and metals.
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Thursday, November 06, 2014
The Driving Force Behind the US Oil Boom / Commodities / Oil Companies
By: OilPrice_Com
The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics.Behind the stardom of the explorers and producers who have put themselves on the revolutionary shale map and absorb most of the risk—are the service providers who make up a highly lucrative market segment.
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Thursday, November 06, 2014
U.S. Mint Sells Out of Silver Eagle Coins as Buying Surges / Commodities / Gold and Silver 2014
By: GoldCore
The gulf between the physical precious metals markets and the paper or electronic gold and silver markets is growing again and risks becoming as broad as it has ever been. Demand for gold and particularly silver bullion has been very high across the world in recent weeks.
The sharp price falls in recent days has led to even greater demand and concerns about supply and rising bullion premiums. Now the U.S. Mint is sold out and the Canadian Mint is rationing supplies.
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Thursday, November 06, 2014
The Swiss Gold Initiative and Why it May Affect Gold Prices / Commodities / Gold and Silver 2014
By: Bob_Kirtley
The people of Switzerland go to the polls on 30th November to vote on the gold initiative. The proposal requires the Swiss National Bank to hold gold reserves of at least 20% of the value of the assets of the Swiss National Bank. The initiative also wants no further gold sales by the SNB and all Swiss Gold to be stored in Switzerland.
If the yes vote is successful then they would be required to buy 1500 tons of gold over a period of five years, in order to achieve the 20% target. This acquisition would then be held indefinitely as they would not be allowed to sell it. However, in the case of a yes vote, the referendum would still have to run the gauntlet in the Swiss parliament in order to gain ratification.
Thursday, November 06, 2014
Crude Oil, Gold, Are Commodity Price at a Major Turning Point? / Commodities / Gold and Silver 2014
By: Toby_Connor
As most of you probably know, I have been expecting the CRB to form a major three year cycle low sometime next summer. However, I'm now starting to see some things that might indicate a major cycle bottom is going to occur earlier than I expected.
Since oil is the main driver of the CRB, and most commodities will follow its lead, I'm going to focus on the action in oil. Notice in the next chart that oil has now reached oversold levels similar to, if not more extreme than, the previous two 3 year cycle lows.
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Thursday, November 06, 2014
Gold, Economic Theory and Reality: A Conversation with Alan Greenspan / Commodities / Gold and Silver 2014
By: The_Gold_Report
When Dr. Alan Greenspan became chairman of the Federal Reserve, he moved from the world of rhetorical economics to the world of action. His most recent memoir, "The Map and the Territory 2.0: Risk, Human Nature, and the Future of Forecasting," attempts to make sense of how the financial crisis of 2008 came to be and how we can better predict future crises, along with the role of gold in a global monetary system. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference with Navellier & Associates Senior Writer Gary Alexander, Gloom, Boom & Doom Report Publisher Marc Faber and Stansberry & Associates Investment Research Founder Porter Stansberry, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
Wednesday, November 05, 2014
Where Are Gold Prices Headed and How to Profit / Commodities / Gold and Silver 2014
By: DailyGainsLetter
George Leong writes: As far as investment and trading opportunities go, gold is currently the stock market’s poor cousin. No one really craves the yellow ore at this time. The reality is that unless you are looking for jewelry, there’s really no reason to buy the metal right now.
Back in September, when I last discussed the prospects for this precious metal, I wrote that “in the absence of further turmoil in Ukraine, gold prices could deteriorate to below $1,200, possibly even $1,180.”
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Wednesday, November 05, 2014
Global Scramble For Silver - Coins “Hard To Get,” “Premiums Likely To Jump” / Commodities / Gold and Silver 2014
By: GoldCore
Silver has had a torrid time in recent months and has fallen nearly 40% since July. In less than four months, it is down from $21.40/oz to $15.45/oz today. Silver is 70% lower since reaching over $49/oz in April 2011. The selling has accelerated in recent days and silver has fallen from $17.20/oz on October 28 and is down 12% in the last week.
There is blood in the streets of the silver market with futures speculators long silver, again having their heads handed to them on a plate and incurring sharp losses. However, the silver sell off has again seen a global scramble for physical silver.
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Wednesday, November 05, 2014
Natural Gas Prices are Going Higher (So are these “Super Shift” Investor Opportunities) / Commodities / Natural Gas
By: Money_Morning
Dr. Kent Moors writes: While everybody is focused on oil, natural gas prices are moving in a very different direction.
Up.
As of this afternoon, natural gas prices at Henry Hub stood at $4.15 per 1,000 cubic feet (or million BTUs). Since last Thursday, the price of natural gas has jumped by 13.7%.
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Wednesday, November 05, 2014
Suppressed Uranium Price Shouldn't Keep Hedged Producers and Promising Explorers Down / Commodities / Uranium
By: Metals_Report
Near-term oversupply is suppressing uranium prices but there are signs of upside movement, says Colin Healey, research analyst with Haywood Securities. In this interview with The Mining Report, he notes that non-discretionary buying in the uranium spot market returned in Q3/14 after a lengthy absence and that the 71 reactors being built around the world should support Haywood's long-term $75/lb uranium forecast. Healey also discusses companies suited to perform in the current market and beyond.
The Mining Report: The spot price for uranium stayed below $30 per pound ($30/lb) in May through late July. Since then the price popped up above $36/lb before settling at around $35/lb. Is that the near-term floor?
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