Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Saturday, July 05, 2014
Shanghai Silver - Another Dog that Did Not Bark / Commodities / Gold and Silver 2014
The 'headline numbers' for the Non-Farm Payrolls came in better than expected.
Gold and silver held their places well, and especially silver which is now the lead sled dog for my thinking. This is because July is an active month on the Comex of course but also because of the levels of physical inventory, both here and abroad.
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Saturday, July 05, 2014
Will Gold Price Continue to Consolidate? / Commodities / Gold and Silver 2014
Until recently, the world has forgotten about gold and gold futures prices it would seem. A few years ago, all we heard about was gold and silver futures making new highs on the back of the Federal Reserve’s constant money printing schemes. However, after a dramatic selloff the world of precious metals it became very quiet.
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Friday, July 04, 2014
A Crude Interruption? / Commodities / Crude Oil
In the world of financial assets everything appears to be calm. Risk is on, CDS premiums and the VIX near all time lows, short/long term interest rates cheap, and central banks continue to flood the markets with liquidity. So how could a “black swan” arise from the ashes to disrupt the world’s economy?
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Friday, July 04, 2014
Gold and Silver Price Underlying Strength / Commodities / Gold and Silver 2014
Gold and silver spent most of the week consolidating recent gains by moving broadly sideways, but their underlying strength was a notable feature. The first chart is of gold and its open interest on Comex.The increase in open interest tells us that the rise in price was on the back of buying rather than a bear squeeze, which would have seen rising prices on steady-to-declining OI. This is an important development, because it indicates that speculators are beginning to think the downtrend of the last 30 months might be over. Without buying into a new rising trend, any rally would be limited to a bear squeeze. Read full article... Read full article...
Friday, July 04, 2014
The Coming Two-Stage Silver Price Rally / Commodities / Gold and Silver 2014
As the MSM, Wall Street and various so-called analysts waste time focusing on worthless and insignificant data, the price of silver is positioning itself for the coming TWO-STAGE RALLY. The majority of the precious metals analysts discuss the revaluation of silver as it pertains to the amount of fiat currency in the system.
While this is a good determination (from past historical guidelines), it only deals with one part of the overall equation. The second and maybe the more important factor... is the destruction of "PAPER CLAIM CHECKS" on physical assets.
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Friday, July 04, 2014
Energy Independence: Financial Fact or Political Fiction? / Commodities / Energy Resources
It has been more than a year since Citigroup Inc. published "Energy 2020: Independence Day," outlining the impacts of progress toward North American energy self-sufficiency. For this special 4th of July edition of The Energy Report, we reached out to experts in the energy investing space for an update on how recent political events and production trends in the field impact our ability to produce what we use. For Porter Stansberry, Marin Katusa, Chris Martenson, Bill Powers and Cactus Schroeder, the prospects for the future—and the associated investing opportunities—depend on the perspective.
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Friday, July 04, 2014
Will the Energy Crisis Hit Home This Winter? / Commodities / Energy Resources
Kent Moors writes: It’s hard to imagine as we swelter in the summer heat, but many countries are going to be in real trouble this winter. Wars, rebel activities, and geopolitical struggles will mean possible energy shortages throughout Europe and Asia.
In the Ukraine and other places in Eastern Europe and Asia, it could be a cold, dark winter. Gas and oil shortages and supply disruptions may mean that some folks literally freeze to death.
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Thursday, July 03, 2014
How to Score in Trading the World's Key Commodity Markets / Commodities / Commodities Trading
If you've ever tried your hand at futures trading, and if you've been watching the 2014 World Cup, you've probably thought to yourself -- Yup. This looks like how it feels to invest in commodities.
Hey, if the cleat fits!
The world of commodities trading is competitive and cutthroat. The action is nonstop. Passes happen in the blink of an eye. There are no commercial breaks, or half times. And those on the field never stop paying attention to price charts, scanning and waiting for opportunity to strike.
And then comes the moment to act. You're the last guy in a penalty shootout. All that stands between you and the goal is the ticking of the clock, fatigue, and doubt.
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Thursday, July 03, 2014
Gold Will Be the Final Currency – Yes or No? / Commodities / Gold and Silver 2014
Will gold regain its monetary standing and will it again back a major currency as in previous centuries?
Readers on www.deviantinvestor.com responded to my question about the creation of a gold backed currency by July 2017. The voting shows about 78% believe that within 3 years there will be a gold backed currency – perhaps issued by China, Russia, or even the United States. This is sensible because readers on the DI site are generally pro-gold and suspicious of unbacked debt based paper currencies.
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Thursday, July 03, 2014
Top Junior Gold Producer / Commodities / Gold and Silver Stocks 2014
The Timmins gold district is by far the most productive within Canada’s prolific Abitibi greenstone belt. It has produced in the neighborhood of 70m ounces of gold, and operations are still going strong. Namesake mining company Timmins Gold is forecasting 2014 output of 120k ounces, making it one of North America’s top junior gold producers. But provocatively not one of Timmins’ ounces is coming from within the Timmins district.
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Thursday, July 03, 2014
Dow and FTSE100 Stock Market Updates / Commodities / Global Stock Markets
Let’s start with the Footsie daily chart.
Currently the Footsie is tracking out exactly as laid out in my previous report. That requires one more pop up into a top above the recent top of 6895 but should be held by the 1999 top of 6951. The recent drop had a couple of hits against the lower Bollinger Band and has now made its way back to the top band signifying the final move to high is now underway.
Thursday, July 03, 2014
Crude Oil Price Heading North or South? / Commodities / Crude Oil
On Tuesday, crude oil lost 0.30% as the combination of Chinese and U.S. data weighed on the price. Because of these numbers, light crude declined temporarily below its nearest support zone and closed the day slightly above it for the second day in a row. Will we see a breakdown or a rebound from here?
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Wednesday, July 02, 2014
Commodity Bull Or Bear - The Long Term Perspective / Commodities / Commodities Trading
Many investors are uncertain whether we are in a commodity bull or bear market. Without a doubt, there are a lot of conflicting fundamentals regarding shortages and surpluses in soft commodities such as cocoa, coffee or wheat and corn. Then there are the metals such as copper, which had record high warehouse inventories only to see them draw down rapidly in a matter of months, likewise with aluminum and zinc. The only commodity that has remained positively stable for the last 5 years is crude oil. If you combine the individual commodity news with the general international consensus that deflation is the problem, it is hard to find a plausible reason to support a resumption of the commodity bull market. The only reason that comes to mind is the potential growth and demand from the new growth economies of the BRIC (Brazil-Russia-India-China) countries, but even that becomes difficult to quantify as each of those countries always seems to have their own economic problems that makes them difficult to analyze as a whole.
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Wednesday, July 02, 2014
Rising Demand and Falling Supply Equals Higher Metals Prices / Commodities / Metals & Mining
Juniors can't fund their projects, which means that the majors' reserves will continue to shrink. Rick Mills argues that this process can have but one result: higher metals prices across the board. In this interview with The Mining Report, the owner and host of Ahead of the Herd.com highlights a half-dozen gold, silver, copper and nickel companies that will leverage these high prices, and introduces us to a Canadian company's unique cobalt project in Russia.
The Mining Report: Last month, the price of gold rose over 3% in one day. Can we ascribe this to the conflicts in Ukraine and Iraq or the unraveling of Chinese commodity financing deals?
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Tuesday, July 01, 2014
Gold Prices Benefit From Economic Sins / Commodities / Gold and Silver 2014
Governments, such as the United States, United Kingdom, Europe, and Japan, spend their paper currencies as if tomorrow will never come. They act as if they believe debts can increase forever, more money will always be available, and debts can be rolled over forever. A recent US vice-president even stated that “deficits don’t matter.” Such economic sins may help the financial elite but they ultimately hurt most people and most economies.
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Tuesday, July 01, 2014
Crude Oil Price Breakdown or Trap? / Commodities / Crude Oil
Although crude oil moved little higher on Friday, hitting an intraday high of $106.19, the commodity reversed and posted its second weekly loss in three weeks as the immediate threat of losing Iraqi oil supply due to violence in the country faded. As a result, light crude closed the week below the medium-term support. Will it trigger further deterioration?
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Monday, June 30, 2014
Gold - Another False Start / Commodities / Gold and Silver 2014
The latest COTs are indicating another false start for the Precious Metals sector. There was a very big jump in Commercial short positions in gold last week, but an astounding jump in Commercial short positions in silver, that is believed to be unprecedented. With both already at a high level as a result, it looks like we are in for a rerun of what happened after mid-March.
Gold is now at a crossroads, with the downtrend in force from late 2012 intersecting with the long-term uptrend in force from the start of the bullmarket back in 2001. Before considering the implications of the latest COTs, let's look at the intersection of these trends on the charts to see why this is such an important juncture.
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Monday, June 30, 2014
Silver Price Critically Overbought, Explosion in Commercial Short Positions / Commodities / Gold and Silver 2014
Latest COT data released on Friday shows an astounding ramp in Commercial short positions in silver that it believed to be unprecedented, and given that silver is now critically overbought after 14 up days in a row up till last Thursday, it is safe to assume this means trouble.
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Sunday, June 29, 2014
What’s Driving America’s Oil Boom (This Could Make You a Bundle) / Commodities / Crude Oil
The amount of oil produced in the U.S. has skyrocketed more than 50% over the last six years.
Now small towns all across the U.S. are filling with new-found wealth… and a new breed of millionaires.
Who’s leading the way? It certainly isn’t the big major oil companies.
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Saturday, June 28, 2014
Is Crude Oil Price Breaking Out? / Commodities / Crude Oil
Christopher Rowe writes: Light sweet crude oil has broken out of an ascending triangle with a minimum price target close to $113.
The ascending triangle is a pattern that’s formed when an investment vehicle (in this case, light sweet crude) makes even highs and higher lows.
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