Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Friday, December 09, 2016
Gold Futures Selling Exhausting / Commodities / Gold and Silver 2016
By: Zeal_LLC
Gold has suffered brutal, withering selling pressure in the month following the US presidential election. The stock markets’ surprise surge after Trump’s surprise win has led speculators and investors alike to rush for the gold exits. As usual the former group’s extreme selling came largely through gold futures. But this gold-futures dumping has been so severe that it is rapidly exhausting itself, a bullish omen for gold.
Friday, December 09, 2016
ECB ‘Bazooka’ Extended – Will Buy EUR 60 Billion Per Month Until At Least December 2017 / Commodities / Gold and Silver 2016
By: GoldCore
The ECB’s ‘Bazooka’ is back and ‘Super Mario’, the European Central Bank’s monetary magician did not disappoint QE addicted markets yesterday by extending ultra loose monetary policies and quantitative easing until at least December 2017.
The euro fell and gold rose 1.1% in euro terms from €1,090/oz to €1,102.85. Stocks globally moved higher, and European stocks look set for their best week since February, supported by the extended ECB currency printing and a calm, some would say complacent and irrationally exuberant, reaction to the Italian referendum.
Read full article... Read full article...
Thursday, December 08, 2016
Trump Could Fuel A Nuclear Energy Boom In 2017 / Commodities / Uranium
By: OilPrice_Com
With Trump at the helm, sentiment gives way to practicality in the energy industry. For the vast untapped potential of the nuclear energy industry and the uranium that feeds it, this could contribute to a market-disrupting revival that no longer bows to fear and the politics of economy.
While there have been some oversupply issues keeping uranium prices down, the bigger problem has been negative sentiment rather than real fundamentals, but the Trump presidency will see through that.
Read full article... Read full article...
Thursday, December 08, 2016
Crude Oil and Gold, Silver Precious Metals Link / Commodities / Crude Oil
By: Nadia_Simmons
Trading position (short-term; our opinion): Short positions (with a stop-loss order at $54.51 and initial downside target at $45.43) are justified from the risk/reward perspective.
On Tuesday, crude oil moved lower and lost 1.66% after data showed that OPEC production rose to about 34.2 million barrels per day in Nov, hitting another record high. In this environment, light crude slipped under $51 and approached the barrier of $50, and thus the short position that we had opened early during yesterday’s session were already profitable at its end. Will we see a drop below the key $50 level in the coming days?
Read full article... Read full article...
Wednesday, December 07, 2016
Gold: Warren Buffett Is Absolutely Right (And Wrong) / Commodities / Gold and Silver 2016
By: Kelsey_Williams
And many others are, too.
Among their various characterizations of gold are the following: it is an unproductive asset; it doesn’t ‘do’ anything; it just sits there; it’s too volatile; stocks are a much better investment.
Read full article... Read full article...
Wednesday, December 07, 2016
Silver Bullion Price Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
By: Nadeem_Walayat
In my second video in this series looking at prospects for previous metals investing for 2017, I take a look at the silver bullion price. Also remember to check out the other videos in this precious metals series.
Tuesday, December 06, 2016
Gold Bullion Price Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
By: Nadeem_Walayat
This is the first in a series of video analysis that take a look at the precious metals and their stocks. The Gold price has recently taken quite a battering with the price having fallen form a 2016 high of $1378 to its last close of $1171 which is not far from its low for 2016 of $1071 set early on in the year which is perking my interest on whether now could be time to accumulate some more of the golden precious metal that mankind has been obsessing over ever since we sought out the gold and silver shimmering signs of water on the horizon on the sun baked parched east african savanna as has been imprinted within our DNA.
Tuesday, December 06, 2016
Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market / Commodities / Gold and Silver 2017
By: GoldCore
by Jan Skoyles, Editor Mark O’Byrne : The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council have made an important decision which was announced yesterday at the World Islamic Banking Conference in Bahrain.
This decision is about one of the most important markets in the world: the gold market, an invest-able market worth an estimated $2.4 trillion and is also of significance for the world of Islamic finance.
Read full article... Read full article...
Tuesday, December 06, 2016
THE Gold Play for 2017 / Commodities / Gold and Silver 2017
By: OilPrice_Com
I'll keep this short...
The Trump gold rally begins on January 20th, 2017.
Read full article... Read full article...
Tuesday, December 06, 2016
Crude Oil Price New Highs Ahead Us? / Commodities / Crude Oil
By: Nadia_Simmons
Trading position (short-term; our opinion): No positions are justified from the risk/reward perspective.
On Friday, crude oil gained 1.21% as OPEC deal continued to support the price of the commodity. In this environment, light crude re-approached the Oct high. Will we see fresh 2016 peak in the coming week?
Let's take a look at the charts below to find out (charts courtesy of http://stockcharts.com).
Read full article... Read full article...
Tuesday, December 06, 2016
Trump Sets The Stage For A Huge Gold Rally In 2017 / Commodities / Gold and Silver 2017
By: OilPrice_Com
Global political tensions have not been this palpable since 9/11, when gold prices jumped 32.87% in a single day, and the amount of uncertainty being ushered in for 2017 promises to be great for the precious metal—our age-hold hedge against chaos and instability.
For a fully-funded junior gold miner backed by heavy hitters in one of the world’s hottest venues--Fiore Exploration Ltd (TSXV–F.V) the timing is brilliant, the production costs fantastic, and the future golden.
Read full article... Read full article...
Monday, December 05, 2016
Crude Oil Prices: "Random"? Hardly / Commodities / Crude Oil
By: EWI
The more emotional the market, the more predictable it is.
Last week's shocking spike in crude oil prices is +12% and counting, the biggest one-week gain in five years. Media stories blame one culprit: the November 30 OPEC agreement to cut production.
In absolute terms, the agreed-to cut is small: 1.2 million barrels a day, less than 2% of daily global oil production. Given the existing supply glut, that's a drop in the bucket (no pun intended). Yet, it was a bigger cut than the market expected; plus, the fact that OPEC members came to an agreement at all was enough to play a role in soaring prices.
Read full article... Read full article...
Monday, December 05, 2016
This Past Week in Gold Market / Commodities / Gold and Silver 2016
By: The_Gold_Report
Technical analyst Jack Chan charts the latest moves in the gold and silver markets.
Monday, December 05, 2016
Gold Relief Rally Coming and in Gold Stocks / Commodities / Gold and Silver 2016
By: Jordan_Roy_Byrne
Last week we wrote that Gold was broken but noted the oversold condition in the precious metals sector as well as the relative strength in the gold stocks. At one moment last week, the gold stocks were trading above where they were in mid-November when Gold was trading some $60/oz higher. In other words, Gold plummeted $60/oz and made a new low yet the gold stocks did not. It took a bit longer than we expected but Gold and gold mining stocks may have started their rebound at the end of last week.
Sunday, December 04, 2016
Gold and Silver Bullion Buying Opportunity for 2017? / Commodities / Gold and Silver 2017
By: Nadeem_Walayat
Gold and Silver prices have recently taken quite a battering with the price having fallen form a 2016 high of $1378 to its last close of $1178 which is not far from the low for 2016 of $1071 set early on in the year which is perking my interest on whether it could now be time to accumulate some more of the shiny precious metals that mankind has been obsessed with ever since we sought out the gold / silver shimmering signs of water on the horizon of the sun baked parched east african savanna as has been imprinted into our very DNA.
Saturday, December 03, 2016
Gold And Silver – Do Not Expect Much Difference With Trump Compared To Obama / Commodities / Gold and Silver 2016
By: Michael_Noonan
Obama was the “Yes, we can!” hope and change candidate that become the deep state elite’s presidential lackey. It was Obama’s choice to sell his political and personal soul in serving the globalists.
History has been somewhat hidden from the public but still in the open for those who take the time to look. The US went bankrupt in 1933 when Roosevelt declared the Bank Holiday. Its purpose was to eliminate any and all banking independence and give all control over to the Federal Reserve cartel. Every bankrupt entity has a bankruptcy judge to oversee the bankruptcy. That job went to the Secretary of the Treasury as agent for the globalists that took control over the United States.
Read full article... Read full article...
Friday, December 02, 2016
Gold, Currencies and Markets Critical 61.8% Retracements / Commodities / Gold and Silver 2016
By: Zeal_LLC
As it is quite often said (but just as often forgotten when things get volatile), no market can move up or down in a straight line. There have to be corrections along the way as some traders cash in their profits, others get scared out of their positions etc. The question is – where (at what price) is such a reversal likely to take place. Focusing on news and fundamental analysis alone will not provide you with an answer here, simply because the markets are not logical in the short term, but emotional (it is also the case in the medium term, but to a smaller extent). Consequently, we need to apply technical tools to determine what is the most likely level at which the price will reverse.
Friday, December 02, 2016
Gold Junior Stocks Q3’16 Fundamentals / Commodities / Gold and Silver Stocks 2016
By: Zeal_LLC
The junior gold miners’ and explorers’ stocks have been crushed in recent months, collateral damage from enormous gold-futures selling. That’s naturally left investors and speculators extremely bearish on gold juniors. But lost in all this technical and sentimental tumult are important fundamentals from the juniors’ recently-reported third-quarter financial and operational results, which proved quite strong and bullish.
The junior gold stocks are rightfully considered the Wild West of the gold sector. Most of the hundreds and hundreds of these small companies won’t prove successful. They won’t be able to secure funding to explore sufficiently, won’t be fortunate enough to find an economic deposit of gold to mine, or won’t be able to make the herculean leap from explorer to miner. The odds are stacked heavily against the gold juniors.
Read full article... Read full article...
Friday, December 02, 2016
Shale-War is over so $60 Brent Crude Oil by Christmas is highly probable: Next $85? / Commodities / Crude Oil
By: Andrew_Butter
In April this model (http://oilpro.com/...) predicted the Saudi’s would blink in Doha and Brent would see $60 by Christmas.Well they did blink in Doha; they stopped talking about pumping an extra two-million barrels per day into the pot; incidentally that was just bravado; unless the plan was to stop using oil to make electricity...which would have been unpopular during the summer.
Read full article... Read full article...
Thursday, December 01, 2016
Silver Prices and Interest Rates / Commodities / Gold and Silver 2016
By: DeviantInvestor
“History shows the only place for interest rates to go from here is higher.”
Examine the above chart of interest rates for 200 years.
- Rates rise and fall in long cycles, 20 to 40 years from a peak to a trough.
- Important highs occurred in 1920 and 1981.
- Important lows occurred in 1946 and probably 2016.
- Current rates are the lowest in 200 years. Some analysts have said the lowest in 5,000 years.