Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Monday, November 02, 2015
Will The Fed Hike In December & What Does This Mean For Gold Prices? / Commodities / Gold and Silver 2015
The October statement from the Fed made one thing very clear; December is a live meeting and Fed is ready to hike rates if it sees fit. Yellen was more hawkish than the market was expecting, sending gold prices lower and bond yields higher. The critical focal point from here will be if the Fed’s hawkish stance will be validated by the upcoming economic data, most importantly the two employment releases we get between now and the December FOMC.
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Monday, November 02, 2015
Gold Selling “Malevolent Force”? – Dennis Gartman / Commodities / Gold and Silver 2015
Dennis Gartman, author of the institutionally well followed ‘The Gartman Letter,’ has asked questions about gold’s peculiar price action last week and raised the question as to whether there was official central bank manipulation of gold prices.
Gold was 2.4% higher in October but fell 2% last week as the Fed again suggested they may soon increase interest rates. Gartman’s assertion is significant as he is no so-called ‘goldbug’. In fact, he is the darling of Wall Street, Bloomberg, CNBC and is highly respected and followed by large hedge funds and financial institutions.
Monday, November 02, 2015
Gold Price Testing Triangle Trend Line / Commodities / Gold and Silver 2015
We've known all along that gold was going to test the triangle trend line during this daily correction. Yet now that it's happening everyone seems surprised.
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Monday, November 02, 2015
Silver and COMEX Inventory Part 1 / Commodities / Gold and Silver 2015
During our recent Q&A interview with silver analyst, Ted Butler, the issue of frantic in and out movement of physical silver within the COMEX warehouse system came up more than a few times.We asked Ted if he could describe how this movement literally works…
"Are these literally trucks?
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Sunday, November 01, 2015
Crude Oil Price Set For Big Rally / Commodities / Crude Oil
The oil price has had a nice rise in the past week so let’s see just what is going on using the weekly and daily charts.
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Sunday, November 01, 2015
Will Gold Bulls Finally Hit The Panic Button? / Commodities / Gold and Silver 2015
Nicholas Kitonyi writes:
The commodities market has been on the spot for the last 12 months and by extension over the last three years, if you include Iron, Copper and Aluminum. However, the most notable developments have come in the precious metals category and Oil and gas.
Specifically the prices of Gold and Oil have fluctuated extensively with Oil settling on a range of about $43 to $50 per barrel, while the price of gold has oscillated between $1,110 and $1,190 over the last two months. The price of oil is down 12% this year after making massive dips and spikes over the last 12 months, while gold remains barely unchanged.
Saturday, October 31, 2015
Gold And Silver - Month-End Technical Review / Commodities / Gold and Silver 2015
A proverbial picture [chart], being worth 1,000 words, we will let the charts speak for themselves, with observations/comments attached to each one.
From our perspective, the charts are saying, irrespective of what anyone is reading or following regarding gold and silver, there appears to be no change in trend for the near term. The state of China's economy; possible confrontation between China and the US now sending ships to irritate/challenge China's control over it part of the ocean where she is building new bases; flagging response to the Fed's ongoing failure of injecting more and more fiat in an already over bloated fiat economy, in fact, world-wide; Russia's ongoing embarrassment of Washington with Russia's pinpoint air force accuracy bombing ISIS terrorists, and commensurate challenge of taking control of the Mid East from the flailing Sunni Arab coalition, Western political disarray, etc, etc, etc.
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Saturday, October 31, 2015
Bearish Reversal in Precious Metals at Resistance...Again / Commodities / Gold and Silver Stocks 2015
The precious metals sector sharply reversed course after the Federal Reserve hinted that it may raise rates at its next meeting. This about face from the Fed was enough to effectively end the fledgling rally that began in the summer and threatened to take metals and miners higher to their 400-day moving averages. The prevailing thought was the Fed was on hold for a while and this paved the way for more strength in the precious metals complex. Thoughts be damned! The Fed has whipsawed gold bugs (and me) again.
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Friday, October 30, 2015
Gold Price Up 3% In October and Enters “Seasonal Sweet Spot” / Commodities / Gold and Silver 2015
- Gold down 1.3% this week on Fed “noise”
- Gold up 3% in October on robust demand
- Stronger gains in euros, Swiss francs, Japanese yen
- October poor month for gold seasonally
- November, December, January and February the “seasonal sweet spot”
- Confirmation of surging demand for bullion in Germany, India and China in Q3
Friday, October 30, 2015
Silver Prices and Economic Data Releases / Commodities / Gold and Silver 2015
Hey guys, stay right there. I am really excited once again to be here. We are live and also we get to continue our discussion that started about a month and half ago about the reality of Silver prices right now. We're doing a deep dive. Last week we spent time discussing “standard of care” from a fiduciary standpoint. We discussed technical analysis in the previous week and then we started off the deep dive sections with high frequency trading and algorithm trading.Today's topic is data releases and price action.
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Thursday, October 29, 2015
FOMC Word Play Kicks Off a Correction That Was Coming Anyway in Gold, May Soon Come in Stocks / Commodities / Gold and Silver Stocks 2015
What They Said
Read full article... Read full article...“In determining whether it will be appropriate to raise the target range at its next meeting, the Committee will assess progress–both realized and expected–toward its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.”
Thursday, October 29, 2015
Gold Analogue: Then and Now / Commodities / Gold and Silver 2015
1970s: Gold rallied from about $35 in 1970 to nearly $200 in December 1974, and then fell to about $100 in August 1976.
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Wednesday, October 28, 2015
Sea Change in the Fed Swamps Gold / Commodities / Gold and Silver 2015
WOW! I know no other way of saying it than to say that the Fed took everyone by surprise. I certainly did not expect this Fed, this timid FOMC, to sound such a hawkish note.
As dovish as Draghi and the ECB sounded last week, the Fed sounded hawkish this week. Talk about a sea change in attitude!
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Wednesday, October 28, 2015
Falling Wedge Formation Pointing to Higher Gold Price / Commodities / Gold and Silver 2015
Technical analysis has always been a difficult craft to perform as evolving formations sometimes point to certain outcomes but not always do we get these outcomes. Since the great financial crisis of 2008 and the intervention of all major Western central banks in capital markets via their policy of quantitative easing and zero interest rates it has become even more difficult to use technical analysis tools to try and predict market action. With that in mind here is what we think the technical tea leaves are telling us about the gold price.
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Wednesday, October 28, 2015
Stop Blaming OPEC For Low Oil Prices / Commodities / Crude Oil
We are a little more than a month away from OPEC's next meeting, which will be held in Vienna on December 4, 2015.
OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining balance through production cuts. Instead it pursued a strategy of fighting for market share, contributing to an immediate rout in oil prices. WTI and Brent then went on to dive below $50 in the weeks following OPEC's decision.
Tuesday, October 27, 2015
Gold Investors Stick to Your Guns—Hold on to Those Mining Shares / Commodities / Gold and Silver Stocks 2015
Do you have wealth insurance? Tocqueville Gold Fund Portfolio Manager John Hathaway has studied the past and he sees a bright future for those who have taken the precaution of protecting themselves from the downside of a general bear market by buying resource mining stocks when they are at historic low prices. In this interview with The Gold Report, Hathaway shares the names the fund is holding as ammunition for a better gold market.
The Gold Report: John, you have studied the fundamentals of gold through history. What is behind the current market prices, and what will it take to move prices higher again?
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Monday, October 26, 2015
Precious Metals Starting To Produce Some Winners / Commodities / Gold and Silver Stocks 2015
Everybody who’s owned gold and silver mining shares through a couple of cycles has their favorite story of the stock that took off and ran away. There was Glamis Gold, which rose from $1 to $40 in the space of a few years before selling out to Goldcorp. And Silver Wheaton, which soared from $3.45 in 2008 to over $40 in 2011. And many, many more.
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Monday, October 26, 2015
Big News This Week on the Fed, Debt Ceiling, and Physical Silver Premiums / Commodities / Gold and Silver 2015
Clint Siegner writes: Gold and silver spot prices lost ground to a strengthening U.S. dollar last week. The dollar enjoyed its best week in 5 months, as other major world currencies weakened. European central bankers are once again hinting at more stimulus, and the Chinese government cut interest rates for the 6th time in the past year.
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Monday, October 26, 2015
Green Light Silver – Part 2 / Commodities / Gold and Silver 2015
In part one we stated that “Silver looks like it has bottomed and will move substantially higher.” In summary:
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Sunday, October 25, 2015
Gold and Silver Charge of the Light Brigade / Commodities / Gold and Silver 2015
Gold and silver were hit by paper contract selling this morning and the US dollar caught a bid higher.
The only delivery action in The Bucket Shop was another house to house account delivery of gold from Nova Scotia to JPM.
Someone who owned gold bullion in the Nova warehouse put it up for delivery. I wonder who that could be.
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