Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Friday, December 13, 2013

Gold Price Could Retest 1180 June Low / Commodities / Gold and Silver 2013

By: Gregor_Horvat

Gold reversed sharply to the downside at the start of September, through the rising trend line of a corrective channel. As we know that's an important signal for a change in trend, which means that bearish price action is now back in view that could accelerate to the downside soon if we consider recent break of 1251 swing low that confirms a completed wave 2 and wave 3 underway to the lows.

Friday, December 13, 2013

China and the Great Precious Metals Migration / Commodities / Gold and Silver 2013

By: Dr_Jeff_Lewis

The desire of gold is not for gold. It is for the means of freedom and benefit. ~ Ralph Waldo Emerson

The century-old fiat experiment is playing out its final stages. With instability rising, the massive shift in wealth is accelerating to the East. Precious metals are one vehicle leading the way.

Friday, December 13, 2013

Gold Opportunity Today Same as It Was for Stocks in 2009 / Commodities / Gold and Silver 2013

By: Profit_Confidential

Michael Lombardi writes: I turned bullish on gold bullion in 2002. At that point, gold bullion was trading around $300.00 an ounce. Now, it trades above $1,250. Simple math suggests this is an increase of about 260% in 11 years, or an average gain of about 23.6% a year.

Other asset classes, like stocks, haven’t performed this well. In 2002, the Dow Jones Industrial Average was trading near 10,000. Now, it hovers close to 16,000, up 60%, or an average of 5.45% per year, over the last 11 years.

Friday, December 13, 2013

Gold The “For Sale” Sign / Commodities / Gold and Silver 2013

By: DailyGainsLetter

Sasha Cekerevac writes: Do you feel wealthier today compared to last year?

According to the Federal Reserve, you should, as the household net worth of Americans rose 2.5% between the second and third quarters of 2013 for a total of $77.3 trillion. (Source: “Financial Accounts of the United States,” Federal Reserve, December 9, 2013.)

Friday, December 13, 2013

Has Shale Oil Broken OPEC's Grip? Oil Stocks Powerhouses of the Future / Commodities / Shale Oil and Gas

By: The_Energy_Report

The Shale Age is the age of the nimble junior, and exploration has revealed oil and gas resources that could forever alter the global production profile. Peter Dupont, oil and gas analyst for Edison Investment Research, tells The Energy Report how companies in North and South America, Australia, Africa and the U.K. are upending the oil and gas order and creating a whole new energy investment landscape.

The Energy Report: The price of Brent is holding steady above $100/barrel ($100/bbl) while West Texas Intermediate's (WTI) price is slipping back into the $90s. How are these prices and the spread between them affecting exploration and production of oil and gas?

Thursday, December 12, 2013

Oil Stocks - Change of Trend or Just a Correction? / Commodities / Oil Companies

By: Nadia_Simmons

In our last essay on oil stocks from Dec. 2, we checked the oil-stocks-to-oil ratio to find out what impact it could have on future oil stocks' moves. Back then, we emphasized the strong positive correlation between the ratio and the oil stock index in recent months. As we wrote in the summary:

(...) connecting the long-, medium- and the short-term pictures, we clearly see that the ratio reached a strong resistance zone created by the long-, medium- and short-term lines. Although we saw breakouts above them, they all were invalidated. This is a strong negative signal for oil stocks holders, which suggests that further declines are just around the corner.

Thursday, December 12, 2013

Gold Price Drops $20, "I'd Rather Buy Silver," Says Jim Rogers / Commodities / Gold and Silver 2013

By: Adrian_Ash

WHOLESALE LONDON gold tumbled more than $20 per ounce in quiet trade Thursday morning, falling with world stock markets after the week's "three-day rally [in gold] prompted some profit-taking" according to one dealing desk.

"The fact that India," said investor, fund manager and best-selling author Jim Rogers to BullionVault overnight, "which has been the largest buyer, has reduced its buying a lot is one of the main factors that's causing gold prices to go down."

Thursday, December 12, 2013

Gold Stocks Bear of a Lifetime Takes No Prisoners / Commodities / Gold and Silver Stocks 2013

By: Rambus_Chartology

Today I would like to update some of the Diamonds that have been in play for several months now. Chartology is giving us an edge over most of the other technical disciplines out there , in that it has been showing us the way lower to a T. Nobody but Rambus Chartology folks are seeing the precious metals stocks from this angle that got us short, for the first ride down, one year ago during the first impulse leg down. It was in the first week of December of 2012 that we took our first DUST position and added to it from there until the Kamikaze Portfolio was full. Here we are one year later and we have the exact same setup staring us in the face. This time we are one step ahead of the game by being fully invested in the Kamikaze Portfolio before things broke down.

Thursday, December 12, 2013

Gold 1200+ Tonnes Extra Supply, 1000 Tonnes Blocked / Commodities / Gold and Silver 2013

By: Julian_DW_Phillips

Indian Politics

The events in India have taken a most interesting turn for gold. The one year-old political party that is anti-corruption is shaking the political foundations there. The ruling National Congress Party is having to change its stance in a hurry and is already losing influence in the capital, Delhi. With elections in May, one of the changes we expect to see will be the Finance Minister relaxing (what effectively is) the blockade on the importing of gold, which is hammering the gold jewelry industry as well as denying Indians access to market gold.

Thursday, December 12, 2013

Indicators to Turn Your Trust Back to Gold and Silver / Commodities / Gold and Silver 2013

By: DailyGainsLetter

John Paul Whitefoot writes: Despite the wintry Arctic chill, the economic recovery is in full bloom. Or is it? Wages are stagnant, unemployment remains stubbornly high at seven percent, and consumer confidence remains tepid at best. The average American investor clearly isn’t enjoying the Wall Street perpetual momentum machine.

Thursday, December 12, 2013

Falling Back in Love with Gold Stocks / Commodities / Gold and Silver Stocks 2013

By: The_Gold_Report

There's a saying that old love never rusts. James West, publisher and editor of The Midas Letter, might have broken it off with the gold space for a while, but he always knew he'd be back when the time was right. In this interview with The Gold Report, West talks about what has convinced him to start shopping for gold stocks again and the unconventional indicators he's using to signal a buy.

Wednesday, December 11, 2013

Gold Will Crash to $500! Charles Ponzi and I Believe It / Commodities / Gold and Silver 2013

By: DeviantInvestor

Yup, that is the story. The following arguments explain why Charles and I think gold will plummet to around $500 per ounce. Also, after my luncheon date with Elvis, I have a large bridge for sale. If you are interested, and willing to make a SERIOUS OFFER, see below.

The price of gold has roughly followed (up, up, and away) the growth of the U.S. national debt since 1971. The national debt is rising like 8% per year, or like $1,000,000,000,000 per year. But don't jump to the conclusion that gold prices will continue rising along with the debt! Charles Ponzi and I have faith in congress, lobbyists, and the sincerity of the budget process. We believe the national debt will rapidly fall due to the positive economic stimulus from ObamaCare, from actual budget cuts, and therefore gold should drop to new lows. Mr. Ponzi thinks it could go real low - like $450 or $500.

Wednesday, December 11, 2013

Crude Oil Prices Could Fall to $80/Barrel? / Commodities / Crude Oil

By: InvestmentContrarian

George Leong writes: Oil prices are heading higher on the chart with the cash West Texas Intermediate (WTI) crude rallying back toward the $100.00 level after threatening to test $90.00.

Steady economic signs in the United States, China, and Japan—the three largest economies in the world—along with some muted growth in the eurozone and Europe are adding some spark to the oil futures… But hold on; doesn’t the buying seem somewhat premature?

Wednesday, December 11, 2013

Landmark Ruling in Mexico a Boon for These U.S. Oil Stocks? / Commodities / Oil Companies

By: InvestmentContrarian

Sasha Cekerevac writes: In 1938, Mexico nationalized its oil industry, taking over all aspects from production to final distribution. This ban on ownership by foreign companies continues today; however, changes are underway.

Under the leadership of Mexico’s new president, there is a growing desire and need for the knowledge and technical skills developed by foreign companies, many of which are U.S.-based, to stem the decline in oil production and revive the industry in that country.

Wednesday, December 11, 2013

How to Know if the Gold bull Market Has Ended / Commodities / Gold and Silver 2013

By: Peter_Degraaf

•  Central banks will have stopped their money printing madness.
• The US Federal Government will have balanced its budget.
• China will have invested 20% of its trading surplus in gold.
• The US CPI will have peaked at a rate above 10%.
• The public in the USA, Canada, Australia and Europe will have bought gold with their savings, including a goodly portion of their tax free savings.
• The public in India and China will have turned from buyers to sellers.
• Sellers of gold will have a currency available to them that offers stability.
• Financial headlines will have featured stories of gold mining stocks that rose from pennies to a hundred dollars.  (In 1975 Lion Mines could be purchased at 0.07c a share – in 1980 the share price was $380!  Wharf Resources traded at 0.40c in 1975 – by 1980 the price had risen to $560).
• TV screens will have featured lineups of buyers at coin shops.
• Crude oil will have reached a record high price.
• Silver will have outperformed gold on a percentage basis.

Wednesday, December 11, 2013

"Flat, Cautious" Action in Gold After Surge as Asian Premiums Fall / Commodities / Gold and Silver 2013

By: Adrian_Ash

ASIAN and London dealing was quiet in gold Wednesday morning, with prices holding $10 per below yesterday's sudden rise to 3-week highs above $1267.

Silver also slipped but held onto more of Tuesday's 3.2% gain to $20.45 per ounce.

Wednesday, December 11, 2013

Crude Oil Price Three Legs Up To $100 / Commodities / Crude Oil

By: Gregor_Horvat

Crude oil reversed sharply to the upside last week so it seems that five waves down completed wave 3) and that current rally is a part of a contra trend reaction. We are talking about wave 4) that could stop around 100 area, but after three legs. For now, we see only one leg from the lows so expect to see more sideways or even bullish price action during the next few days.

Wednesday, December 11, 2013

Gold Stocks Nearing Bottom / Commodities / Gold and Silver Stocks 2013

By: Jordan_Roy_Byrne

In early November we made the case that precious metals were in danger of a final plunge before a bottom. The decline that ensued has abated in recent days. It appears that a short-term rally is underway. The bear market is very close to ending but we can’t say definitively just yet.

Tuesday, December 10, 2013

Gold Correction Isn’t Over, But Gold Price Heading to $20,000 / Commodities / Gold and Silver 2014

By: Casey_Research

By Louis James, Chief Metals & Mining Investment Strategist

In April of 2008, Casey International Speculator published an article called "Gold—Relative Performance to Oil" by Professor Krassimir Petrov, then at the American University in Bulgaria, now a visiting professor at Prince of Songkla University in Thailand. He told us he thought the Mania Phase of the gold market was many years off, which was not a popular thing to say at the time:

Tuesday, December 10, 2013

2014 Battle Over US Rates & Inflation Key to Gold / Commodities / Gold and Silver 2013

By: Adrian_Ash

The PRICE of gold rose to touch $1250 per ounce for the first time in 7 sessions Tuesday morning, as major government bonds also rose after comments from US Fed officials on the odds of reducing their monetary stimulus at next week's policy meeting.

European stock markets crept higher, but Asian shares closed lower.