Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Tuesday, May 01, 2018

What Can Alchemists Say About Gold? / Commodities / Gold and Silver 2018

By: Arkadiusz_Sieron

Alchemists are precious metals experts, aren’t they? So let’s see what we can learn from the latest issue of the Alchemist, the LBMA’s quarterly journal.

Silver Linings
Silver has been always in gold’s shadow. Could the accelerated and synchronized global growth finally boost silver? In his article, Jonathan Butler offers two arguments in favor of higher silver prices. First, in a world of synchronized growth, silver should outperform gold, as it has a much larger industrial base. In particular, the solar sector and vehicle electrification are very promising areas for silver demand. Second, silver seems to be undervalued. Historically, one needs 58 ounces of silver to buy an ounce of gold, but now it would take around 80 ounces.

Tuesday, May 01, 2018

The Least Known and Best Performing Precious Metal / Commodities / Palladium

By: MoneyMetals

Gold and silver have risen substantially off the price bottom put in just 2-½ years ago, but the gains have yet to attract much notice. Gold has gained roughly 28% and silver is up 20%.

Meanwhile, another metal has more than doubled since bottoming. This performance should have been more than enough to catch the attention of metals investors, if only they were watching. The metal is palladium and, for those who haven’t paid much attention, it is time for a brief update.

Tuesday, May 01, 2018

A Gold Sector Fundamental View / Commodities / Gold and Silver 2018

By: Gary_Tanashian

With gold testing its 200 day moving average this morning I thought I’d reproduce the first part of the precious metals segment from week’s Notes From the Rabbit Hole (NFTRH 497), including a daily chart of gold at the end showing the anticipated SMA 200 test.

[edit] Steve Saville updates gold’s ‘true fundamentals’ here. Notice at the end what is not considered fundamentally material.

Monday, April 30, 2018

Silver Tiny Volume Signal, Big Price Implications / Commodities / Gold and Silver 2018

By: P_Radomski_CFA

The USD Index reversed in a quite clear way on Friday and gold rallied. It looked like a great bullish combination for the precious metals sector, but was it really one? Gold moved higher on volume that was lowest since the beginning of the year and this means that Friday’s rally shouldn’t be taken at its face value, but instead it should be closely inspected. Moreover, silver just did what was previously followed by big and volatile price moves in all recent cases. What can we really infer from it?

Monday, April 30, 2018

Is Jeff Gundlach Correct on Gold’s $1000 Upside? / Commodities / Gold and Silver Stocks 2018

By: Jordan_Roy_Byrne

It was music to gold bug ears.

We’ve all heard the seemingly shocking or outrageous price targets for Gold. So it’s not new.

But this time from a non gold pusher. Someone with credibility in the larger financial world and a track record to boot.

Gundlach’s comment was included in every piece of Gold literature that recently crossed my desk. No doubt, if Gold starts breaking to the upside, Gundlach’s quote will be used by aggressive marketers and publishers. But I digress.

Monday, April 30, 2018

Gold And Interest Rates – There Is No Correlation / Commodities / Gold and Silver Stocks 2018

By: Kelsey_Williams

Over and over again, the following statement or something similar continues to find its way into commentary about gold:

“…prospects of higher US interest rates have the ability to limit upside gains. It must be kept in mind that Gold is a zero-yielding asset that tends to lose its allure in a high-interest rate environment”  

A variation of that statement:

“Because gold doesn’t bear interest, it struggles to compete when interest rates rise.” 

Monday, April 30, 2018

Precious Metals and Mining Stock Chart Paints A Clear Picture / Commodities / Gold and Silver Stocks 2018

By: Chris_Vermeulen

In this article, we are going to explain and show you an interesting pattern that has been slowly forming over the past year in the precious metals sector. This pattern along with our analysis point to a significant rally to start in the next 4 months for gold, silver, platinum, palladium, and miners.

Before we get into the details, below, it is important for every trader to step back and look at the bigger picture. It’s way too easy to get sucked into the markets movements, become an emotional trader, start losing a few trades, and second-guessing your open positions.

Monday, April 30, 2018

Silver Price Analysis / Commodities / Gold and Silver 2018

By: Austin_Galt

Latest Price – $16.47

Pattern – price looks to have been in a corrective pattern ever since the impulsive move up off the December 2015 low culminating in the July 2016 high. I expect this corrective phase is in its very final stages.

Saturday, April 28, 2018

Marc Faber: Countries Unwise to Let Antagonistic U.S. Hold Their Gold / Commodities / Gold and Silver 2018

By: MoneyMetals

Mike Gleason: It is my privilege now to be joined by a man who needs little introduction, Marc Faber, editor of The Gloom, Boom and Doom Report. Dr. Faber has been a long-time guest on financial shows throughout the world, and is a well-known Austrian economist and investment advisor, and it's a tremendous honor to have him on with us today.

Dr. Faber, thanks so much for joining us again, and, how are you?

Marc Faber: Well, it's my pleasure to be on your show. Thank you.

Saturday, April 28, 2018

Gold Stocks Seasonal Bull Spring Rally 2018 / Commodities / Gold and Silver Stocks 2018

By: Zeal_LLC

The gold miners’ stocks have mostly been consolidating low this year, exacerbating bearish sentiment.  Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can’t get any love.  But that may be about to change, with gold and its miners’ stocks in the midst of their spring rally.  Strong seasonal tailwinds make May one of the best months of the year in gold-stock bulls.

Gold-stock performance is highly seasonal, which certainly sounds odd.  The gold miners produce and sell their metal at relatively-constant rates year-round, so the temporal journey through calendar months should be irrelevant.  Based on these miners’ revenues, there’s little reason investors should favor them more at certain times of the year than others.  Yet history proves that’s exactly what happens in this sector.

Friday, April 27, 2018

Gold: Pricing vs. Value and Fundamental Look on Technicals / Commodities / Gold and Silver 2018

By: Arkadiusz_Sieron

Gold behaves like a currency. This has extremely important consequence: gold cannot be valued like assets which generate cash flows or even as commodities whose value can be at least estimated looking at the balance of demand and supply. Does it mean that gold is a mere speculation play? No! You have to remember that gold belongs to the currencies. As they have no cash flows, they cannot be valued, but they can be priced against other currencies.

The same applies to gold. It has no “true” which value we can estimate and to which it should converge. On the contrary, the price is the only real number we have and can act on. We see lot analysts who try to estimate the value of gold based on some links – which are allegedly set in stone – between the price of gold and the money supply or the level of the federal debt. And they estimate the “fair” value of gold at either $500 or $20,000. It’s a pure nonsense.

Thursday, April 26, 2018

A New Lithium War Is About To Begin, Modern Gold Rush! / Commodities / Lithium

By: OilPrice_Com

It’s the modern gold rush. Around the world, the most sought-after mineral isn’t a precious metal, nor is it oil and gas…it’s lithium.

Lithium, or “white petroleum” as some call it, has become a crucial element in today’s high-tech economy.

Demand for lithium is soaring, and producers are frantically searching for new sources of supply. Prices have doubled in the last two years, rising as high as $16,500 per ton.

Thursday, April 26, 2018

Silver, silver, and silver! There’s More Than Silver, People! / Commodities / Gold and Silver 2018

By: P_Radomski_CFA

Silver, silver, and silver – that’s all there seems to matter to the more short-term oriented investors. But, there’s so much more that’s going on than just the rally in the white metal that just got invalidated! The dynamics in the precious metals market extend well beyond the above and the signal that’s coming from silver – as important as it is for the short run – is just one of many puzzles that create the entire precious metals picture. In today’s analysis, we’ll discuss the less popular, but still important factors that are worth considering whether one is investing in gold, silver or mining stocks, or just considering it.

This article is based on numerous questions that we received in the past several days from our subscribers. It’s quite likely that they represent the questions and doubts of many other gold and silver investors, so we thought that you’d appreciate getting to know replies and insights from those, who’ve been investigating this exciting and promising market for more than a decade. Let’s move right to them.

Thursday, April 26, 2018

What Is Gold: Asset, Commodity, Currency or Collectible? / Commodities / Gold and Silver 2018

By: Arkadiusz_Sieron

What is Bitcoin? Is it just a payment system, money or investment asset? Nobody knows for sure – it generates enormous definition and classification problems. But it’s understandable, as Bitcoin in a new player in town. However, people also cannot agree on what gold really is. Let’s solve this problem once and for all. It will enable us later to adopt the right gold investing philosophy.

Wednesday, April 25, 2018

Gold Price Focusing on May Cycle Bottom / Commodities / Gold and Silver 2018

By: Jim_Curry

Through my cycle work in the market, there is a current focus on the month of May to end up as our next decent swing low for the Gold market, with several mid-term cycles pinpointing this timeframe for a potential market bottom.

One of the more widely-followed cycles in the Gold market is the 20-week (approximately 100 trading days) cycle, which last bottomed back on December 12, 2017, doing so at the 1249.30 figure (continuous contract numbers). In using our cycle detrend, we can isolate this particular wave, which is shown on the chart below:

Wednesday, April 25, 2018

Silver Gives Us Another Chance to Accumulate and Buy / Commodities / Gold and Silver 2018

By: Chris_Vermeulen

Our recent silver analysis could not have been more accurate.  Please take a minute to read it before you continue reading the rest of this post if you have not already done so. The Silver price breakout, to near $17.20, last week was incredible.  It established a new Fibonacci price trend, established a downward channel price breakout, coincided with a Pennant/Flag price formation breakout and the wave count of this Pennant Flag breakout was perfect.

Wednesday, April 25, 2018

The Gold Manipulators Are Being Manipulated / Commodities / Gold and Silver 2018

By: Avi_Gilburt

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur in 2018. This week, I will provide an update to GLD. While I have gone on record as to why I do not think GLD is a wise long-term investment hold, I will still use it to track the market movements.

Wednesday, April 25, 2018

China Takes the Long View on Gold-Silver... and So Should You / Commodities / Gold and Silver 2018

By: MoneyMetals

A cursory look at Chinese history can convince you that China should not be underestimated when it sets its sights on a particular goal.

Even before Mao Zedong took over the reins in 1949, and the first Five Year Plan began in 1953, centuries of history demonstrated that long-term planning, while not always meeting expectations, is a core behavioral trait of the Chinese psyche.

Tuesday, April 24, 2018

Will Kim’s Denuclearization Dethronize Gold? / Commodities / Gold and Silver 2018

By: Arkadiusz_Sieron

Breaking News! North Korea has agreed to denuclearization. Great! But what does it mean for the gold market? And… why is this not true?

Gold Starts Week Badly
The yellow metal struggled on Monday. Its price declined from $1,335 to $1,320, or more than 1.1. percent, as one can see in the chart below.

Tuesday, April 24, 2018

Russia Buys 300,000 Ounces Of Gold In March – Nears 2,000 Tons In Gold Reserves / Commodities / Gold and Silver 2018

By: GoldCore

– Russia buys 300,000 ounces of gold in March and nears 2,000t in gold reserves
– Russia now holds just over 1,861 tonnes, more than officially reported by China at 1,842t
– Both Russia and China have the power to destabilise US dollar by dumping dollar-denominated assets
– Turkey has removed all gold held in the U.S. opting for Bank of England and BIS 
– Turkey follows trend set by both Germany, Netherlands and others to remove gold reserves stored in the United States
– Central bank decisions regarding gold reserves are examples of countries becoming nervous about the outlook for the dollar under the Trump administration