Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Wednesday, August 06, 2014
Silver Pyramid Power / Commodities / Gold and Silver 2014
By: DeviantInvestor
Global annual silver production is approximately 820,000,000 ounces or a bit more than 25,000 metric tons. What does that mean in terms that we can more easily understand?
If the global annual mine production of silver were cast into one large silver pyramid, it would be approximately - wait for it - only 65 feet high on a base of only 65 feet square. Rather tiny! For future reference, this is one "silver pyramid."
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Wednesday, August 06, 2014
Silver Price’s Significant Underperformance and Its Implications / Commodities / Gold and Silver 2014
By: P_Radomski_CFA
Briefly: In our opinion no speculative positions in gold, silver and mining stocks are now justified from the risk/reward perspective.
Yesterday’s price action in the precious metals market was very specific. Gold declined very little, silver declined much more, and mining stocks moved a bit higher. When we see a mirror image of such action (gold pauses, silver rallies and miners decline a bit), it’s usually a sign of a top. Have we just seen a local bottom? Let’s take a look at the charts (charts courtesy of http://stockcharts.com), starting with silver.
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Wednesday, August 06, 2014
Silver Price Forecast - Metal to Gain Ground in August on These Factors / Commodities / Gold and Silver 2014
By: Money_Morning
Jim Bach writes: Silver prices may have had an unremarkable July, trading down 3%, but if recent history is any indication, August could help steer prices in the right direction and draw in the bulls.
silver price forecast
One reason for a rosy silver price forecast for August is that the white metal has finished up every year in this month for the last five years, averaging a return of 10.4%.
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Wednesday, August 06, 2014
Northern Metals Boom Will Give More Than 10 Times the Returns of S&P 500 / Commodities / Gold and Silver Stocks 2014
By: Money_Morning
Peter Krauth writes: Junior miners can be among the most speculative, most volatile stocks on earth.
They boom, bust, and repeat. Only they do this with more extreme swings than most any other market.
The Nasdaq Composite for example, home to tech and biotech stocks alike, is up by nearly 120% over the past five years, while junior miners doubled... but then gave it all back.
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Wednesday, August 06, 2014
Gold and Silver Price Ready to Rally? / Commodities / Gold and Silver 2014
By: Austin_Galt
Since my last reports on both gold and silver, price has come down to some key levels identified in those reports. So will both gold and silver turn up from here? Let's have a look at the charts and do our best to find out.
Now keeping in mind that my longer term view on both gold and silver is that they are currently in a consolidation phase within an overall bear trend with the final low still to come, most likely in 2015. This has been detailed in previous reports.
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Wednesday, August 06, 2014
Gold Investors Shouldn’t Fear Rising Interest Rates: Here’s Why / Commodities / Gold and Silver 2014
By: Jason_Hamlin
Investors commonly assume that rising interest rates adversely impact the gold price, and vise versa. They believe that a rising interest rate environment is indicative of a strong economy, which is supposed to drive investors out of gold and into the stock market. They further assume that investors will want to exchange their gold, which has no yield, for stocks and bonds, both of which have yields and generate income.
Wednesday, August 06, 2014
These Events Could Unhinge Two Global Hotspots And Send Crude Oil Price Higher / Commodities / Crude Oil
By: Money_Morning
Kent Moors writes: Over the last 36 hours, two events have occurred that may indicate the situation in two global hotspots is getting worse.
Both have the potential to have a significant impact on energy prices in the future.
First, the Islamic State (IS), the terrorist group formerly known as the Islamic State of Iraq and the Levant (ISIL), attacked the Mosul Dam.
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Tuesday, August 05, 2014
Crude Oil Is the New Gold Standard / Commodities / Crude Oil
By: Money_Morning
Dr. Kent Moors writes: Today I want to tell you a story about energy - especially crude oil.
It involves my run in with the steak bandit...
Just stay with me here...
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Tuesday, August 05, 2014
The Bigger Oil Story Behind the Headlines / Commodities / Crude Oil
By: OilPrice_Com
Michael Levi writes: While we fixate on sexy headlines about Chinese military threats in the South China Sea, for instance, or Washington 'lifting the ban' on crude oil exports, we miss the bigger stories -- and we miss the reality. China's relentless resource quest has the greatest impact on trading prices, which may not make for headline news, but is a very important reality, while the stories about the US lifting the crude oil ban were just wrong.
Tuesday, August 05, 2014
Buy Gold Like It's 1999 / Commodities / Gold and Silver Stocks 2014
By: The_Gold_Report
The overall markets are exuberant. Valuations rise regardless of value created. And gold is conspicuously not at the party. All of this sounds very familiar to John Hathaway and Doug Groh, portfolio managers of the Tocqueville Gold Fund. It is like 1999 all over again. In this interview with The Gold Report, the pair of fund managers shares their top 10 picks for a diversified portfolio that minimizes risk while maximizing the upside they see coming sooner rather than later.
The Gold Report: In a 4th of July investor letter, you wrote that the precious metals complex, both mining shares and bullion, appear to be in the process of completing a major bottom, and you're more comfortable with the proposition that the downside potential has been fully exhausted. What are the signs that it's really turning this time?
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Tuesday, August 05, 2014
Apocalypse Now For Crude Oil Prices – When Isis Takes Baghdad / Commodities / Crude Oil
By: Andrew_McKillop
Dangerously Converging Contexts
As of now we can at least theoretically scenarize a world oil shock at least equal to the so-called 'Arab oil embargo' of 1973-74. The chronology shows that Arab oil exporters joined by the Shah's Iran, from October 1973 cut their total supply by 5% a month to obtain their political-economic demand for much higher prices “for as long as needed”. By January-February 1974 they had started delaying or freezing the monthly 5% cuts in supply. By March when Israel withdrew the last of it soldiers from the Egyptian side of the Suez Canal the embargo started winding down.
Monday, August 04, 2014
Gold Price Bullish Falling Wedge / Commodities / Gold and Silver 2014
By: Clive_Maund
We called the exact top in gold to the day in the last update 3 weeks ago, as it has since reacted back. Now the picture is more messy, with conflicting indications, but let's see what we can make of it. There was no update for these 3 weeks as we were waiting for this decline to run its course (no point in working for the sake of it).
Monday, August 04, 2014
Silver Price Rally Could Fail due to Scary CoTs Reading / Commodities / Gold and Silver 2014
By: Clive_Maund
We called the exact top in silver to the day in the last update 3 weeks ago, as it has since reacted back. Although a brief relief rally now looks likely, the still extreme COT readings suggest that silver has just put in an intermediate top. On its 6-month chart we can see how it has reacted back from the peak to arrive at an area of support at its principal moving averages, with its earlier overbought condition having completely unwound. This set of circumstances makes a bounce likely. However the COT structure has barely eased in recent weeks, which means that any rally here is likely to be short-lived and followed by renewed decline.
Sunday, August 03, 2014
Gold and Silver Good Vibrations / Commodities / Gold and Silver 2014
By: Jesse
"Love does not consist in gazing at each other but in looking outward together, in the same direction." Antoine de Saint-Exupery
As it is in love, so it is in most endeavors involving groups of people. There must be a meeting of the minds, and a commitment to common goals despite any differences.
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Saturday, August 02, 2014
Gold And Silver New World [Dis]Order Continues To Slip / Commodities / Gold and Silver 2014
By: Michael_Noonan
Earlier in the year, we stated 2014 could be like 2013, price-wise, and that appears to be
playing out. However, as the idiom goes: appearances can be deceiving, and it is certainly
true of the chart prices for gold and silver. The natural forces of supply and demand would
have PM prices much higher, if for no other reason than an inflation adjustment. It is the
ongoing exertion of unnatural forces that have been dictating prices for so long.
Saturday, August 02, 2014
Gold Prices 1971 - 2014 in 3 Waves / Commodities / Gold and Silver 2014
By: DeviantInvestor
The Big Picture
Ignore the hype regarding gold, bonds, booms and busts, hope and chains, "shock and awe," stock market crashes, "money honey" commentary, and ignore the politicians. Don't obsess over High-Frequency-Trading and market manipulation. Instead, focus on the big picture as shown in the following chart of monthly gold, which has been divided into 3 phases since 1971.
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Friday, August 01, 2014
Oil Price Major Shift Afoot / Commodities / Crude Oil
By: Raul_I_Meijer
Oil prices are dropping as Exxon announces a -5.7% plunge in output. And as Shell, as I said yesterday, can think of nothing better to do with its remaining funds than to spend it on share buybacks and dividends. Perhaps shareholders should take the money and run. Because what sort of future can they expect for a company that acts like that?
Western oil companies have tens of billions invested in Russian projects they may or may not have access to anymore now the sanctions are coming into effect. The scourge of insecurity. Never good for industry, never good for markets. Prices will rise again, and a lot, just ask Putin, but that doesn’t take away the insecurity over Big Oil’s chances of – even medium term – survival.
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Friday, August 01, 2014
Gold Price Trend Like Watching Paint Dry... / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
That was how it felt watching all markets this week until yesterday when they sprang into life. Gold fell from $1304 at the London opening last Monday to a low point of $1281 yesterday, down 1.8% on the week, while silver fell from $20.60 to $20.35, down only 1.2%. These moves were relatively small compared with action elsewhere. Here are the charts showing price and open interest for gold and silver on Comex.
Friday, August 01, 2014
Gold’s Seasonal Sweet Spot - Strongest Months Are August, September, November And January / Commodities / Gold and Silver 2014
By: GoldCore
Today’s AM fix was USD 1,284.50, EUR 959.16 and GBP 762.99 per ounce. Yesterday’s AM fix was USD 1,295.00, EUR 966.92 and GBP 767.36 per ounce.
Gold fell $14.60 or 1.13% yesterday to $1,282.10/oz and silver slipped $0.25 or 1.21% to $20.37/oz.
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Friday, August 01, 2014
Gold Price Advance Capped by the Dead Cat Dollar’s Recovery / Commodities / Gold and Silver 2014
By: Bob_Kirtley
Background
We are gold and silver bugs and as such we are aware of the myriad of factors that affect the price movements in the precious metals sector. Today we will take a quick look at just one of them; The US Dollar.