Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Saturday, November 26, 2016

What Investors Can Learn from Gold Yen Price? / Commodities / Gold and Silver 2016

By: Arkadiusz_Sieron

Our Market Overview would be incomplete without remarks about gold priced in the Japanese yen. Chart 1 shows nominal gold prices denominated both in the U.S. dollar and the Japanese currency, while Chart 2 plots the indices of gold prices in these two currencies.

Chart 1: The price of gold in U.S. dollars (yellow line, right axis) and in Japanese yen (red line, left axis) from January 1979 to September 2016.

Thursday, November 24, 2016

The Gold Bears Are in For a Massive Surprise / Commodities / Gold and Silver 2016

By: Graham_Summers

If you’re serious about making money from investing in the financial markets, you need to be able to read the crowd… and go against it.

Let me give you an example… Currently one of the consensus views is that the Gold rally is over and gold is dead as an investment.

Right off the bat, you know this sentiment is at an extreme. Despite its recent sell-off, Gold is still crushing stocks in terms of performance year to date.

Thursday, November 24, 2016

A little perspective on the post-election Gold market / Commodities / Gold and Silver 2016

By: Michael_J_Kosares

Most of gold’s downside is geared not to the financial decisions of millions of investors around the globe, as the mainstream media would have you believe, but rather to linear computer algorithms geared to the dollar index.  The trading part of the software has been told to automatically place trades at certain correlated price levels and that is why we get these waterfall drops.  The rocket launch trajectories to the upside come when the trading function is told to buy and cover the previous shorts.

Wednesday, November 23, 2016

Gold and Monetary Populism: The Oligarchs’ Mortal Enemies – The Peoples’ Salvation / Commodities / Gold and Silver 2016

By: Stewart_Dougherty

Desperation is setting in. The blatant attacks on gold are occurring almost exclusively during the Comex floor-trading hours now. Every night gold pushes higher as Asia’s appetite is seemingly voracious. The two most systemically dangerous banks right now, it was revealed according to the IMF, are JP Morgan and Citibank. I’m sure part of the smash is in response to that. All this action between gold and the dollar means is that the counter-force reaction to what the Fed is doing is going to be even more forceful. They already can’t control the dollar and the strong dollar is going to decimate Q4 revenues and earnings. Give it 6 months and I bet they start talking about the need to print more money. Gold will sniff that out well ahead of time.

Wednesday, November 23, 2016

Russia Gold Buying In October Is Biggest Monthly Allocation Since 1998 / Commodities / Gold and Silver 2016

By: GoldCore

Russia gold buying accelerated in October with the Russian central bank buying a very large 48 metric tonnes or 1.3 million ounces of gold bullion.

Wednesday, November 23, 2016

Why Mexico’s Oil Reform Is A Huge Opportunity For Investors / Commodities / Oil Companies

By: OilPrice_Com

When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering.

Welcome to the ‘new’ Mexico, and welcome to the early stages of an oil and gas game that will be bigger—from an investor’s perspective—than anything in history.

Wednesday, November 23, 2016

Silver and Gold - We Can’t Understand It for Them / Commodities / Gold and Silver 2016

By: Dr_Jeff_Lewis

For years I have calmly, patiently, and for the most part rationally, listened to friends, family, patients, and colleagues grapple with the notion of precious metals.

The majority understand the basic reasons why some portion of portfolio allocation is necessary or prudent, but very few have (or will) taken action.

Often, people are shocked that I would be interested in the matter to begin with. I think subconsciously people understand to be a “Doctor” is to be a teacher, but on the surface most people find it odd and uncomfortable to accept my interest and quest in something that rarely occurs to them.

Tuesday, November 22, 2016

Will Crude Oil Price Rally to $50? / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term; our opinion): Long positions (with a stop-loss order at $41.39 and initial upside target at $49.53) are justified from the risk/reward perspective.

On Friday, crude oil moved higher once again as optimism over an OPEC deal to limit production continued to weigh on investors' sentiment. In this environment, light crude gained 0.83% and closed the day above the 38.2% Fibonacci retracement. What does it mean for the commodity?

Tuesday, November 22, 2016

Gold Price Forecast: Nasty Naughty November Gold Price Trend / Commodities / Gold and Silver 2016

By: I_M_Vronsky

As all are well aware the price of gold initiated a new bull market since December 2015 (rising from $1,050 to its $1,376 peak in early July this year. Indeed it was a spectacular bull price run where gold soared more than +30% in only six months. Indeed spectacular!

Subsequently, the bull trend petered out in early July. Since then the price of gold has been steadily declining. Moreover, there are several reasons for this on-going price consolidation…and why it has yet to put in a bottom:

• 3-Month T-Bill Yield Soaring
• US$ Index Surges
• US$ vs 3-Month T-Bill
• Weekly $UST1Y vs USD Chart
• Point&Figure Projections (Gold, USD and Silver)
• Traditional November Gold Price Decline

Monday, November 21, 2016

This Past Week in Gold / Commodities / Gold and Silver 2016

By: The_Gold_Report

Technical analyst Jack Chan charts the latest movements in the gold and silver markets, and shows why investors can expect lower prices overall.

Monday, November 21, 2016

Energy Sector Cycle Turns Up / Commodities / Energy Resources

By: The_Energy_Report

Technical analyst Jack Chan charts a new buy signal in the energy sector.

Monday, November 21, 2016

Silver Is Not Real Money / Commodities / Gold and Silver 2016

By: Kelsey_Williams

Is silver real money?  I don’t think so.  But I know that my proclamation will likely draw vociferous contradictions  from others who consider themselves “hard-money advocates”.

That’s okay.  Let’s look at the facts.    And in order to be consistent with the introduction of my companion article GOLD IS REAL MONEY, let’s start similarly here.  In this case though, I will list what silver is rather than what it is not.  Silver is:

Monday, November 21, 2016

An Honest Look at Gold Chartology / Commodities / Gold and Silver 2016

By: Rambus_Chartology

For the last two weeks, since the US elections, we’ve been discussing the possibility of strong inflection points building out on many different areas of the markets. These are areas where the markets can turn on a dime leaving those folks looking one way while the markets go the opposite way. Important inflection points are more of a price thing than a time thing. An inflection point can last days or weeks before they finally resolve themselves.

Lets start by looking at the US dollar, as it plays such a key role in so many markets. Below is a three year daily chart which shows its major impulse leg up out of the mid 2014 low, and topped out in the spring of 2015. For just under two years the US dollar has been chopping out a sideways trading range, rectangle consolidation pattern, and closed above the top rail this week. The breakout is not actually confirmed yet as the price action would have to close above the 103 area and then a backtest to the top rail around 100 would have to hold. For the time being, we have to give the benefit of a doubt, to the US dollar bulls until proven otherwise.

Sunday, November 20, 2016

Gold's 2016 Bull Market Moving Off Course / Commodities / Gold and Silver 2016

By: Jordan_Roy_Byrne

While we expected additional weakness in Gold and gold stocks (weeks ago) we did not quite expect the kind of selling the sector experienced in the wake of Donald Trump's election victory. The market reacted by sending bond yields dramatically higher which resulted in stronger real interest rates, which is fundamentally negative for precious metals. This has created significant technical damage in the sector and has potentially thrown the 2016 bull off course.

Saturday, November 19, 2016

Speculators Are Finally Bailing Out Of Gold – And That’s A Good Thing / Commodities / Gold and Silver 2016

By: John_Rubino

All this talk of massive new infrastructure spending financed with a tsunami of freshly-minted currency should be lighting a fire under gold. That it hasn’t is a testament to how out-of-whack the precious metals market had gotten during the first six months of this year.

As gold rose, the futures contract traders whose games tend to dictate near-term price action had set the metal up for a fall. Specifically, the speculators (who are always wrong at the extremes) were ridiculously long. With the suckers all-in, a big correction was needed to restore balance.

Friday, November 18, 2016

Gold Mining Stocks Screaming Buy! Q3’16 Fundamentals / Commodities / Gold and Silver Stocks 2016

By: Zeal_LLC

The gold miners just finished reporting their third-quarter results, which proved very impressive.  While this small contrarian sector is now languishing in the doghouse following a brutal post-election selloff, the gold miners’ fundamentals are strengthening.  Lower costs and higher gold prices led to surging operating cash flows and profits.  The major gold miners are great fundamental bargains for contrarians today.

Gold-stock bulls are among the largest ever seen in all the markets.  The flagship HUI gold-stock index skyrocketed 1664% higher over 10.8 years ending in September 2011, trouncing general-stock-market losses of 14% per the S&P 500.  Even this year between mid-January and early August, the HUI soared 182% in just 6.5 months!  Radical wealth-multiplying upside like that is well worth any psychological price.

Friday, November 18, 2016

Trump’s Agenda Stacks the Odds in Gold’s Favor / Commodities / Gold and Silver 2016

By: John_Mauldin

"It's the economy, stupid."

This was the catch-phrase Bill Clinton’s campaign used in 1992 to help defeat George H.W. Bush. In this year’s presidential race, the slogan “Make America Great Again” branded the Trump campaign as a referendum against the economic policies of the current administration.

No matter the race—be it in local or national politics—the economy plays a crucial role in determining whether the incumbent party will retain office or relinquish it to another group.

Friday, November 18, 2016

Crude Oil Bears State Prices Headed Lower - Bulls-Eye or Rubbish? / Commodities / Crude Oil

By: Sol_Palha

"Anxiety is a thin stream of fear trickling through the mind. If encouraged, it cuts a channel into which all other thoughts are drained." ~ Arthur Somers Roche

2015 was a terrible year for oil and it looked like 2106 would even worse; oil dipped below $30.00 and all cockroaches (oops we mean analysts) started to state $10.00 oil was next. When we heard this nonsense, we penned an article titled will the crude oil price crash become even worse in 2016?

Friday, November 18, 2016

Gold Sell Off On Fed Noise – “Interesting Times” To “Support Gold” / Commodities / Gold and Silver 2016

By: GoldCore

Gold prices in dollar terms came under renewed pressure today testing strong support at the $1,200/oz level. Gold dropped another 1% to near a 6 month low and is set for a second week of falls after the dollar soared again after Federal Reserve Chairwoman Janet Yellen suggested a U.S. interest-rate hike could come “relatively soon.”

Friday, November 18, 2016

May Never Get Another Opportunity to Buy Gold at this Level Again / Commodities / Gold and Silver 2016

By: Chris_Vermeulen

America has chosen Donald Trump to be its next President and the world markets, whether metals, gold, bonds, equities or Forex are all highly volatile. In fact, I got long GDX and NUGT last week for a quick 5% and 11% gain with gold miners, a get-in and get-out type of trade to take advantage of these extreme volatility levels.

While the initial projections were for a Brexit type turmoil in most markets, those predictions did not prove to be correct. The markets quickly reversed course and gave a strong Thumbs up to Trump’s policies.