Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, November 07, 2013

Gold and Silver in the Twilight Zone / Commodities / Gold and Silver 2013

By: Rambus_Chartology

Tonight I want to look at what I think has been an ongoing consolidation phase since April of this year. I mentioned numerous times, when we broke down form that massive H&S top on the HUI, that what we were experiencing was a rare move that doesn’t happen all that often in a trader’s career. To be able to catch the beginning of that huge impulse leg down and hold on through several smaller consolidation patterns took a lot of guts, but I knew the reward would be worth it in the end. The end came in August of this year when the HUI crossed above the 50 dma that had kept us in the trade the whole way down.

Thursday, November 07, 2013

Put Your Trust in Gold and Silver, Not Governments / Commodities / Gold & Silver Stocks

By: The_Gold_Report

Continued fiscal stimulus, high debt levels and loss of confidence in governments will lead to the return of big inflation and a consequent big run-up in precious and other metals, says Leonard Melman, author of The Melman Report. In this interview with The Gold Report, Melman examines six companies he believes are well positioned to generate stock-price multiples when the bull market returns.

The Gold Report: You've expressed astonishment at the record highs of world stock exchanges. Given the sluggish world economy, can we expect this trend to end, or have equities become completely disconnected from economic reality?

Thursday, November 07, 2013

Gold: Hold It Or Fold It? / Commodities / Gold and Silver 2013

By: Peter_Schiff

It's starting to feel like we are part of a giant poker game against the US government, whose hand is the true condition of the American economy. The government has become so good at bluffing that most people feel compelled to watch how the biggest players in the game react to determine their own investment strategy.

Unfortunately, this past month revealed that even pros like Goldman Sachs have no idea what sort of hand Washington is really hiding.

Wednesday, November 06, 2013

Gold, Stock Market or the U.S. Dollar, Mr. Bernanke? / Commodities / Gold and Silver 2013

By: DeviantInvestor

Let's back away from the "smaller" questions like:

• Will the Fed taper or not?
• Is Obamacare a disaster or just a huge problem?
• Is the S&P 500 index due for a correction?
• Is the U.S. economy improving?
• Why is most of the rest of the world angry with the U.S.?
• If inflation is so low, why are my expenses increasing so rapidly?
• Is the NSA spying on everyone's cell phone and computer?

Wednesday, November 06, 2013

Gold Dull Trade, Silver Dead Flat, Chartists Split on Medium Term Outlook / Commodities / Gold and Silver 2013

By: Adrian_Ash

WHAT one trader called "very dull" trade saw gold trade unchanged from last Friday's finish of $1317 per ounce lunchtime in London.

Silver also held unchanged midweek at $21.90 after a brief spike above $22.00 per ounce.

World stock markets were meantime flat overall, while commodities reversed Tuesday's small drop.

Wednesday, November 06, 2013

Asian Energy Surge Could Trigger an $11.7 Trillion Shopping Spree / Commodities / Oil Companies

By: Money_Morning

Kent Moors writes: Don’t let the “normal” lull in oil prices fool you. A major spike in demand is now shaping up again in Asia.

This time, however, China won’t be the only one driving the trend.

According to a recent report by the Manila-based Asian Development Bank (ADB), the entire Asian region will likely experience major challenges in securing enough oil to meets its requirements through 2035.

Wednesday, November 06, 2013

Crude Oil Price Shakedown / Commodities / Crude Oil

By: Andrew_McKillop

BEWARE THE BULLS
As I already noted in several articles, WTI grade oil at less than $100 a barrel is something of a revolution and an open incitation for Wall street's “heavy lift brigade” to plunge protect and lift prices back up to what they think is the right level. The leading member of the heavy lift brigade, Goldman Sachs, has until relatively recently bragged that WTI could reach $125 a barrel by Dec 31st or early in the new year.

Wednesday, November 06, 2013

Massive Drawdown of Gold From the West Continues, Falling into the Abyss / Commodities / Gold and Silver 2013

By: Jesse

"We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake.

Therefore at any price, at any cost, the central banks had to quell the gold price, manage it."

Wednesday, November 06, 2013

Falling Gold Stocks Sector Set to Outperform Stock Market / Commodities / Gold and Silver Stocks 2013

By: InvestmentContrarian

Sasha Cekerevac writes: When it comes to the recent batch of corporate earnings releases, some investors might be cheering. But if you look a bit closer at the results, you will notice the underlying fundamentals aren’t as strong as they first appear.

Wednesday, November 06, 2013

US Dollar and Euro Influence on Gold Prices / Commodities / Gold and Silver 2013

By: Bob_Kirtley

There are many factors that come into play when trying to determine the direction of gold and silver prices that go beyond supply and demand. As we know gold has an inverse relationship with the US Dollar (USD), although there are historical exceptions such as the one we witnessed in the gold bull market of the 80’s, when both were rising at the same time. We may well see both gold and dollar rise in tandem in the future, but for now they are tending to move in opposite directions.

Wednesday, November 06, 2013

Stock and Commodity Market 60-Year Cycle Bottom Scenerios / Commodities / Cycles Analysis

By: Clif_Droke

With less than a year to go before the bottom of the 60-year Super Cycle many investors are wondering how the coming months will play out. There are at least two major possibilities that need to be discussed: the soft landing and the hard landing.

Tuesday, November 05, 2013

What Can We Infer From the Crude Oil Price to Oil Stocks Ratio? / Commodities / Crude Oil

By: Nadia_Simmons

The first days of the new month have been hard for oil bulls. After the breakdown below the lower border of the declining trend channel the buyers didn’t manage to stop oil bears. The bears showed their claws on Thursday and pushed the price below the October low. This event resulted in a heavy decline, which took light crude below $95. On top of that, yesterday we saw further deterioration and crude oil dropped to a new monthly low of $94.06.

Tuesday, November 05, 2013

Gold Price Cycle Low / Commodities / Gold and Silver 2013

By: Ed_Carlson

In my September Commentaries I explained my expectation for no final low in gold prior 10/28/13. Based on “intervals of equidistance” (similar to cycles) I was confident that late October would see a turning point in gold and simply extrapolated the fact that because previous convergences of the two intervals (40 and 60-day) had always pointed to lows,  10/28/13 would see a low as well. It didn’t… but it did mark a turning point in gold.

Tuesday, November 05, 2013

Gold Price at a Crossroads / Commodities / Gold and Silver 2013

By: Toby_Connor

At the moment gold is at a critical crossroads. If it can move above $1375 it will confirm that an intermediate degree bottom occurred last month at $1251, and start a pattern of higher highs. If however gold continues lower and breaks below the $1251 level it will confirm that an intermediate degree decline is still in progress and the recent bounce was nothing more than another bull trap to work off the short-term oversold levels.

Tuesday, November 05, 2013

Gold Price Lacks Direction as Private Investors Buy, Whilst Indian Consumers Switch to Silver / Commodities / Gold and Silver 2013

By: Adrian_Ash

LONDON wholesale gold was unchanged Tuesday lunchtime from yesterday or from last week's finish at $1317 per ounce, as European shares again defied a drop in Asian stock markets to tick higher.

Major government bond prices edged back, and commodities rallied from multi-month lows.

Tuesday, November 05, 2013

This Forgotten Metal Could Double in Price / Commodities / Metals & Mining

By: Money_Morning

Peter Krauth writes: We looked at aluminum last time, where the profit potential remains unusually high. But now it's time to look at the other "forgotten" metal.

This one, as you'll see, is already the most-used metal in the world.

And shares of its best producer could double...

Tuesday, November 05, 2013

Why Silver Prices Could Easily Double from Here / Commodities / Gold and Silver 2013

By: Profit_Confidential

Michael Lombardi writes: In the first 10 months of this year, the U.S. Mint sold 39.2 million ounces of silver in coins. In the same period last year, the Mint only sold 28.94 million ounces of silver in coins. A general negativity by investors surrounding silver this year has not stopped people from buying silver coins. In fact, demand is up 35% so far in 2013. (Source: U.S. Mint web site, last accessed November 1, 2013.)

Tuesday, November 05, 2013

Gold vs. Wall Street Program Traders / Commodities / Gold and Silver 2013

By: Clif_Droke

Gold ran into trouble last week after an encounter with its important 150-day (30-week) moving average. The 150-day MA, which is an important psychological resistance barrier that is programmed into many Wall Street trading algorithms, was touched by gold a few days ago and was unable to overcome it. I've long maintained that the 150-day moving average is a psychologically significant benchmark for the gold ETF, both as a line of support and resistance. GLD's performance in recent days has confirmed this observation.

Monday, November 04, 2013

"Token Demand" for New Hindu Year Leaves Gold Waiting on US Data / Commodities / Gold and Silver 2013

By: Adrian_Ash

WHOLESALE trade in London left the price of gold sitting at last week's finish of $1317 per ounce Monday morning, as European shares rose with government bond prices but commodities slipped.

Silver also held flat, trading near $21.90 per ounce – more than 5% below last Wednesday's 5-week high.

The Euro ticked higher from a 6-week low to the Dollar.

Monday, November 04, 2013

US Dollar and Crude Oil…The Inflation / Deflation Battle Rages On / Commodities / US Dollar

By: Rambus_Chartology

There were some interesting developments this week that I would like to focus on in the Weekend Report. The most important thing to happen was the rebound in the US dollar that was very impressive. Is the bottom in or is this just a short covering rally that will peter out when it's finished? Oil continues to fall at a rapid rate which could be signaling another deflationary event maybe on the horizon. There are still a lot of crosscurrents out there but if we can get a good read on the US dollar and Oil that should help us understand what is likely to take place over the intermediate term.