Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, August 19, 2015
Crude Oil Energy Markets and Jobs Disintegrating / Commodities / Crude Oil
By: Dan_Norcini
The US Energy Information Administration released their weekly data this morning as usual. The reaction to the data from crude oil was anything but the usual. Most everyone in the industry was looking for a draw in crude oil stockpiles especially after yesterday afternoon’s API data showed a reduction in supplies.
Wednesday, August 19, 2015
Druckenmiller Buys A Lot Of Gold / Commodities / Gold and Silver 2015
By: GoldCore
Stan Druckenmiller is going big on gold.
Druckenmiller is one of the world’s most successful and respected traders. As a hedge fund manager from 1986 to 2010, he generated an incredible average annual return of 30%.
Druckenmiller was also George Soros’s right-hand man at Quantum, Soros’s famed hedge fund. Quantum’s now legendary 1992 trade shorting the British pound was Druckenmiller’s idea. It made Quantum about $1 billion. People say the trade “broke the Bank of England.”
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Wednesday, August 19, 2015
Crude Oil Price Time for Reversal? / Commodities / Crude Oil
By: Nadia_Simmons
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
On Tuesday, crude oil gained 1.17% as hopes that crude oil inventories could decline for a third consecutive week weighed on investors' sentiment. Thanks to these circumstances, light crude bounced off its key support line, but will we see the commodity above $43 in near future?
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Wednesday, August 19, 2015
How Cheap are Gold Mining Stocks Now? / Commodities / Gold and Silver Stocks 2015
By: David_Morgan
Are Gold Stocks Cheaper Than They Were in 2008?
Chris Marchese, Senior Equity Analyst : The short and simple answer to this question is yes! Some will say--that is just my opinion. I could show you numerous equations proving the gold stocks were cheaper in 2008 than today and vice versa using similar metrics.
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Wednesday, August 19, 2015
Crude Oil Price Works In Mysterious Ways / Commodities / Crude Oil
By: EWI
But there is one solution to staying ahead of oil's trend changes -- Elliott wave analysis
You know the expression "God works in mysterious ways"?
Well, according to an August 6 CNBC article, the price action of one financial market -- i.e., crude oil -- has out-mystified even God himself. Or, rather, the well-heeled star of the oil world, Andy Hall -- a.k.a. "God Trader."
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Wednesday, August 19, 2015
Uranium Has a New Hot Spot / Commodities / Uranium
By: The_Energy_Report
Several developments in the uranium space, including the restart of a reactor in Japan that has been offline since the Fukushima disaster, have primed the commodity for a price surge. In this interview with The Energy Report, Mick Carew, research analyst with Haywood Securities, explains how, in addition to the Japanese restart, expansion in the Athabasca Basin is bolstering prospects for consolidation in the sector, and describes how a Brazilian phosphate company with a first-rate product might produce for portfolios.
Wednesday, August 19, 2015
Gold Golden Opportunity or Gold-Plated Trap? / Commodities / Gold and Silver 2015
By: Ed_Carlson
Gold broke out of a small pennant formation on the daily chart last week and gained $18.80/oz. to close the week at $1,112.90. On the weekly chart gold printed an engulfing bullish candlestick. The breakout above 1,100 is bullish but the real test will be a breakout above 1,140. For now, the daily Coppock Curve is rising and has a ways to go before it will signal a top in gold. Cycles point to an important low during July and a rally for all of August. Seasonally, August is very bullish for gold.
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Tuesday, August 18, 2015
Dr. Copper is Speaking, are you Listening? ... / Commodities / Copper
By: Rambus_Chartology
Copper is an important commodity when it comes to the health of the world economies and how it does often reflects how strong or weak the economy is. Its been awhile since we took an indepth look at Dr. Copper to see how healthy it is so tonight we'll look at a few charts starting with a daily look.
The daily chart for Copper is showing it has completed a double headed, double H&S top, which is having a somewhat ugly breakout and backtest of the lower neckline #2. The smaller H&S #1 was picture perfect complete with a small blue expanding falling wedge for the left shoulder and a blue bearish rising wedge as the right shoulder. H&S #2 was very symmetrical as shown by the neckline symmetry line which shows the height for the left and right shoulders. Outside of the messy breakout and backtest, which happens sometimes, this chart is still very bearish looking.
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Tuesday, August 18, 2015
The Future of Natural Gas / Commodities / Natural Gas
By: ...
MoneyMorning.com Dr. Kent Moors writes: On Thursday morning, I’ll be delivering my major address on the future of natural gas. The occasion is a high-powered meeting hosted by Dominion Transport at the beautiful Nemacolin Woodlands Resort in western Pennsylvania.
Attending will be more than 100 leading CEOs and other executives from principal gas production, transmission, distribution, and end using companies.
My keynote presentation is entitled “Natural Gas Moving Forward: LNG, Hubs, and Pricing Prospects.” And in it I address where liquid natural gas (LNG) prices have been… where they are now… and where they’re going.
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Tuesday, August 18, 2015
This “Pig” Just Made a Massive Bet on Gold / Commodities / Gold and Silver 2015
By: Casey_Research
By Dan Steinhart
Stan Druckenmiller is going big on gold.
Druckenmiller is one of the world’s most successful and respected traders. As a hedge fund manager from 1986 to 2010, he generated an incredible average annual return of 30%.
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Tuesday, August 18, 2015
Gold, No Interest! / Commodities / Gold and Silver 2015
By: Dan_Norcini
Stronger than expected US retail sales data undercut some of the recent safe haven trades ( buying bonds, the yen and gold) sending all three lower in today’s session.
For the first two weeks of August, retails sales are up 1.7% versus a year ago and up 0.3% from July.
That got the “Fed is going to hike in September” talk starting up once more which of course send the Dollar higher and most commodities lower.
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Tuesday, August 18, 2015
Silver Price Cycle Low – Now / Commodities / Gold and Silver 2015
By: DeviantInvestor
The price of silver has been crushed during the last four years. Prices are ready to reverse. We will know soon enough after the High-Frequency-Traders have their way with prices for paper silver and gold on the CME. But consider:
Tuesday, August 18, 2015
Riding the Energy Wave to the Future / Commodities / Energy Resources
By: John_Mauldin
“Formula for success: rise early, work hard, strike oil.” – J. Paul Getty
This week’s yuan devaluation was big news, but it’s really part of a much bigger saga. Events around the globe are combining to create huge economic change over the next few years. We are watching giant, multidimensional chess games played by some master players.
Energy is the chessboard that connects all the players. What happens when the board changes shape in the middle of the game? If you don’t know the new energy landscape, you’ll have a hard time playing to a draw, much less winning.
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Tuesday, August 18, 2015
Energy Demand Collapse Followed by Supply Collapse / Commodities / Crude Oil
By: Nicole_Foss
As we have noted many times, energy is the master resource, and has been the primary driver of an expansion dating back to the beginning of the industrial revolution. In fossil fuels humanity discovered the ‘holy grail’ of energy sources – highly concentrated, reasonably easy to obtain, transportable and processable into many useful forms. Without this discovery, it is unlikely that any human empire would have exceeded the scale and technological sophistication of Rome at its height, but with it we incrementally developed the capacity to reach for the stars along an exponential growth curve.
Monday, August 17, 2015
The Coming Silver Price Rally Will Outperform All Previous Ones / Commodities / Gold and Silver 2015
By: Hubert_Moolman
The Gold/Silver Ratio (GSR) is a key indicator in the analysis of the silver and gold markets. This ratio (or chart of the ratio) is probably one of the most difficult to analyse. One has to take a real close look at the ratio in order to find what actually drives the ratio up or down.
For example, from about after the end of the Second World War to the early 70s there was an economic boom with the Dow rallying significantly during those years. During the same period the GSR actually kept falling significantly until it actually bottomed in 1968.
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Monday, August 17, 2015
Why has Druckenmiller Dived in Gold and Copper / Commodities / Gold and Silver 2015
By: Ashraf_Laidi
Four weeks after gold tumbled to 5-year lows on revelation of far lower Chinese gold holdings than previously anticipated, gold bulls find out that one of the world's greatest hedge fund managers made gold the biggest holding in his fund in Q2. He also loaded up on 2 large miners.
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Saturday, August 15, 2015
Gold And Silver Market Bottoming? Big Rally Imminent? Reality Check Says NO / Commodities / Gold and Silver 2015
By: Michael_Noonan
The developing events over the past few months are so varied, seemingly unrelated but are all tied in, just not in a cognitive manner that makes sense, and almost all them are based upon lies by one government after another, the worst offender being the US.
We find it hard to make a cohesive explanation as to their impact. This increasingly maze of events is mean to confuse, to deflect. It is a key element of the elites creating problems, reactions [usually confusion or panic by the masses], and offering solutions. Cyprus and Greece are similar examples. The Ukrainian coup by the US, sanctions against Russia that have so badly backfired. China an added part of the SDR, then maybe not. The list is much longer.
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Saturday, August 15, 2015
The World is Awash in Oil / Commodities / Crude Oil
By: EWI
...But does that mean that oil prices will only go down from here?
In this new interview with Elliott Wave International's Chief Energy Analyst, Steve Craig, you'll learn where he sees prices going next.
*Editor's note: this interview was recorded on August 12; the price low cited in the video was broken on August 13.
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Saturday, August 15, 2015
Gold and Silver Shaken, Not Stirred / Commodities / Gold and Silver 2015
By: Submissions
Chart Freak write: After a solid 5 day rally, gold sold off on Thursday, and the precious metals miners were sold-off indescriminetly. Both GDX and GDXJ were down almost 6%, leading many to be shaken out of position on the pullback. For me, these events are expected and become opportunities, so lets examine the charts to see why.
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Friday, August 14, 2015
Gold Miners’ $1200-Cost Fallacy / Commodities / Gold and Silver Stocks 2015
By: Zeal_LLC
The entire gold-mining sector was crushed last month, suffering a full-blown panic. This was triggered by an extreme shorting attack on gold by American futures speculators. As fear-blinded traders rushed for the gold-stock exits, they claimed their selling was rational because gold miners’ very existence was threatened by such low gold prices. But that’s a total fallacy, this sector has no problem weathering sub-$1200 gold.
The recent pain in gold stocks has been excruciating. This sector’s benchmark of choice these days is Van Eck Global’s Market Vectors Gold Miners ETF, better known by its symbol GDX. It closely mirrors gold stocks’ long-time leading sector index, the NYSE Arca Gold BUGS Index that trades as HUI. The carnage in these two gold-stock metrics has been incredible, shattering the resolve of most contrarian traders.
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