Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Tuesday, July 29, 2014
Silver Price Set To Star / Commodities / Gold and Silver 2014
With silver recently putting in a nice 10% plus rally, I thought it was time to follow up my last article on silver, Silver Set To Stun. It's been two months since that article so there is some new information to process. Let's get straight into it with the monthly chart.
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Monday, July 28, 2014
Gold Price and U.S. Dollar’s July Rally / Commodities / Gold and Silver 2014
Briefly: In our opinion (half) speculative short positions in gold, silver and mining stocks are now justified from the risk/reward perspective.
Gold and the rest of the precious metals market moved higher on Friday and the volume was not low. It was lower (for the GLD ETF) than what we had seen during Thursday’s decline, so there are some bearish implications. But are they really that important? Let’s take a closer look (charts courtesy of http://stockcharts.com).
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Monday, July 28, 2014
Inflation - Are Commodities Talking to Us? / Commodities / Agricultural Commodities
Markets often do talk to us, if only we would listen. Our ears serve as only part of listening. An open mind is also required. Regrettably, minds receptive to new thoughts and questions have been somewhat outmoded in the investment world for many years. Why else do so many seem to ignore what commodities are saying?
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Monday, July 28, 2014
Elliott Wave Gold Price Projection Since 1970 / Commodities / Gold and Silver 2014
The market movement unfolds in waves which reflects human nature that does not change. The Elliott Wave Principle is made of motive and corrective waves. Waves 1, 3 and 5 are impulse waves as they move with the trend, Waves 2 and 4 are corrective waves as they partially retrace the previous impulse move. A complete sequence is made of 8 waves: a 5-wave motive phase (1, 2, 3, 4, 5) and a basic 3-wave corrective phase (A, B, C).
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Monday, July 28, 2014
Has Crude Oil Price Recovery Ended? / Commodities / Crude Oil
Crude Oil rallied away from 98.64 which has been expected because of a completed five wave decline, but it seems that recovery has ended now, close to 61.8% retracement level after three waves up. Notice that crude oil also moved slightly beneath wave (b) swing which suggests a completed rally. Therefore, traders need to be aware of a bearish impulse and continuation back to 98.65.
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Monday, July 28, 2014
GDM and GDXJ Gold Stocks In-depth Look / Commodities / Gold and Silver Stocks 2014
In this Report I would like to show you an in-depth look at two important precious metals stock indexes, the GDM and GDXJ. The reason I want to show you these two PM stock indexes is because they correspond with the 3 X leveraged etf's, GDM for NUGT and the GDXJ for JUNG that we are currently trading. Last week seemed like the end of the world to a lot of the gold bugs as the PM complex had a decent sell off causing much pain for those holding on the long side. If you've been in the markets for any length of time you know there usually no gain without some pain. It just goes with the territory. We'll look at the very short term to the long term charts, looking for clues that may shed some light on the future direction for the precious metals complex, at least for the short to intermediate term horizons. Lets start with the 2 hour look at GDM that is showing a some what unconventional consolidation pattern, a six point Diamond.
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Sunday, July 27, 2014
Silver Price Rigging, Huge Week for News Coming / Commodities / Gold and Silver 2014
Gold and silver bounced back quite a bit from the bear raid earlier this week.
Things are so boring on the Comex I think they didn't bother to update the clearing reports or the warehouse data.
Deutsche Bank, Bank of Nova Scotia, and HSBC have been accused of manipulating the silver fix. Whitewash and/or wristslaps to follow. There is little justice, and no real reform. Like flies to wanton boys are we to the Banks.
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Sunday, July 27, 2014
Tapping Oil Pipelines for Profits / Commodities / Oil Companies
Oil and Energy Staff write: The first oil pipeline was a simple affair: lengths of 2 in. wrought iron pipe that ran five miles, from a Pennsylvania oilfield to a train station in Oil Creek.
But that pipeline, built by the Oil Transport Association in 1859, started a revolution. Oil pipelines have changed how and where oil is found, refined and sold, and have turned America into one of the world’s leading oil producers.
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Sunday, July 27, 2014
6 Tips for Picking Winning Gold Mining Stocks / Commodities / Gold and Silver Stocks 2014
There is no substitute for gold. But gold miners, if you choose them correctly, can not only leverage your exposure as they grow their businesses, but they can generate cash-flow and dividends that are correlated to the gold price.
This sounds great! Unfortunately it isn’t so easy to pick gold miners that provide these advantages.
If you take a look at some of the largest gold mining companies in the world, you’ll find that they have done a lousy job of generating leverage to the gold price. In fact some have even lost value! Just consider the performances of the following gold miners over the past 10 years and keep in mind that the gold price has more than tripled during this time frame.
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Saturday, July 26, 2014
Two Buy Signals in Crude Oil / Commodities / Crude Oil
Christopher Rowe writes: To help us analyze this chart of light, sweet crude oil, let’s use two momentum indicators:
- The MACD (Moving Average Convergence Divergence) indicator
- The RSI (Relative Strength Index – not to be confused with “relative strength”).
Saturday, July 26, 2014
Use "Magic" Of Gold/Silver Ratio To Greatly Increase Your Physical Holdings / Commodities / Gold and Silver 2014
The magic of compound interest is well known. What is lesser known is the magic of the gold/silver ratio, not as a measure as it is mostly viewed, but as an application for increasing one's holdings substantially, over time. What is so great here is that no magic is involved, rather simply utilizing the market to more than double your holdings.
So-called "Gold Bugs" are considered ardent supporters of the PM [Precious Metal]. Silver stackers are just as avid. Then there are those willing to buy either or both. The chart below is the gold/silver ratio going back 15 years, and this is a hindsight analysis brought forth to the present tense for future consideration that can greatly increase net holdings at almost no cost, those being transaction costs from a dealer.
Saturday, July 26, 2014
Tesla’s Gigafactory and Recent M&A Boosting Lithium Sector To New Highs / Commodities / Lithium
Summary
- Demand is soaring for lithium as its use is growing rapidly in smartphones, tablets and electric vehicles.
- Lithium Sector on verge of a major 2014 52 Week High Breakout as Tesla announcement to build Gigafactory sparks major interest in sector.
- Major M&A activity is taking place with the recent $6 billion merger between Albemarle and Rockwood. This may be just the beginning.
- One of the largest chemical deals in history. Demand is growing fast for the electrification of the automobile.
Friday, July 25, 2014
The Big Energy = Power Battle Is Coming / Commodities / Energy Resources
I don’t really want to keep talk about Ukraine, but it’s too hard to avoid. Besides, it’s not the same story anymore that it was when the week began, since the economic war vs Putin and Russia is now escalating. For reasons that have nothing to do with the plane crash, though they may seem to, a fact that completely seems to escape 999 out of 1000 people.
We still don’t know who shot that plane (we’re not even sure anyone did), and the longer is takes to get evidence for who did it, the more likely it is that such evidence will be tainted and/or fabricated.
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Friday, July 25, 2014
More Weakness Ahead for Gold Miners / Commodities / Gold and Silver Stocks 2014
No pain, no gain. That is one comment regarding this seemingly terminal bottoming process in the precious metals complex. Multiple times as soon as conditions have strengthened enough for us to anticipate a breakout, the miners have put in a bearish reversal. At the same time, the metals and especially Gold have failed to gain any real traction. Throughout the past year we’ve been looking for that final low in Gold but it has eluded us multiple times. The recent reversal in the gold and silver miners coupled with a continued technical downtrend in Gold suggests that more pain is coming before sustained gain.
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Friday, July 25, 2014
Gold Price Strong Season Starts / Commodities / Gold and Silver 2014
Gold’s strong season is just getting underway, with this metal’s summer-doldrums seasonal low in place. The past couple months’ stiff headwinds are starting to shift to fierce tailwinds, thanks to Asian demand ramping up heading into autumn. Gold’s pronounced seasonality is very important for all investors and speculators to understand, as today’s inflection point is a very bullish omen for this still-unloved asset.
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Friday, July 25, 2014
Gold Lockdown Until Options Expiry - New Singapore Gold Contract Threatens Price Manipulation / Commodities / Gold and Silver 2014
Mark O’Byrne writes: Today’s AM fix was USD 1,292.50, EUR 961.18 and GBP 761.64 per ounce. Yesterday’s AM fix was USD 1,300.00, EUR 964.68 and GBP 763.76 per ounce.
Gold fell $12.50 or 0.96% yesterday to $1,292.40/oz and silver slid $0.55 or 2.63% to $20.37/oz.
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Thursday, July 24, 2014
Three Reasons Why Gold Price and Gold Stocks Will Rise / Commodities / Gold and Silver Stocks 2014
It's hard to see the present until it's in the past. What does this mean for gold? Money managers Doug Loud and Jeff Mosseri of Greystone Asset Management say that a bull market may have already begun. All the signs are there: rising political tension, a shortage of new supply and a cull of the weakest stocks. In this interview with The Gold Report, Loud and Mosseri list a dozen gold, silver and copper companies that should ride the crest of the wave.
The Gold Report: Over two days, July 14 and 15, the price of gold fell over $40 per ounce ($40/oz), more than 3% of its value. To what do you attribute this drop?
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Wednesday, July 23, 2014
Gold & Silver Trading Alert: Euro’s Breakdown and Its Implications / Commodities / Gold and Silver 2014
Briefly: In our opinion (full) speculative short positions in gold, silver and mining stocks are now justified from the risk/reward perspective.
The Euro Index broke decisively below the rising long-term support line (based on the 2012 and mid-2013 bottoms) and this is a major event not only for the currency itself, but also for the precious metals sector. Let's see why (charts courtesy of http://stockcharts.com).
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Wednesday, July 23, 2014
HUI Gold Bugs Fighting To Break Downtrend / Commodities / Gold and Silver Stocks 2014
Cooooeee! That's the sound of the HUI Gold Bug bulls trying to find other bulls to push the price a little higher in order to break the downtrend. But the landscape appears desolate. The bulls don't seem to be stepping up when the going gets tough. Currently, price is tantalisingly short of the previous major swing high. Let's take a look at the daily chart to see what I'm talking about.
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Wednesday, July 23, 2014
Crude Oil Price Bearish Continuation / Commodities / Crude Oil
Crude Oil is rallying away from 98.64 which has been expected because of a completed five wave decline, but now recovery can already be counted in three legs that reached levels around 61.8% Fibonacci level, which means that recovery can be at the end. In fact, prices turned nicely down yesterday, slightly beneath the corrective channel that is pointing to lower prices. Ideally we will see a bearish continuation back to 98.60 in days ahead.
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