Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, May 14, 2015
Lumber Lambasted / Commodities / Commodities Trading
Lumber has been punished lately with around 30% lopped off the price already this year. The bulls have walked the plank and exclaimed “Shivers me timbers!”
Alright, enough hijinx. Let’s analyse the technicals using the weekly, monthly and yearly charts.
Thursday, May 14, 2015
GOLD and Crude OIL Elliott Wave Analysis / Commodities / Commodities Trading
Gold is going higher following our 4 hour chart count to complete a wave C in ending diagonal pattern larger degree. We would like to see this metal to go through 1.213 price point which will confirm that current path is further up. If we measure A from last lows and project it to measure wave C, target for this move should be between 1.245-1.250 levels.
Read full article... Read full article...
Thursday, May 14, 2015
What Might be behind Gold Price Jump / Commodities / Gold and Silver 2015
Over the years, I have written occasionally about the connection between the demand for U.S. government debt and quantitative easing. My contention is straightforward. The primary determinant for quantitative easing is not, as we are constantly told, to keep the unemployment rate down, nor is it to stimulate the economy. (I emphasize the word “primary” as opposed to the word “only”) It is to support the government debt market and keep government in business – not just in the United States but wherever it is employed.
Read full article... Read full article...
Wednesday, May 13, 2015
Silver Bullion Buying Outstripping Supply – Solar Demand Ramps Up / Commodities / Gold and Silver 2015
- Silver one of most undervalued assets in world today
- Fundamentals for silver market very strong
- Total demand for silver outweighed supply by almost 22% last year
- Industrial demand set to surge as solar energy projects are expanded
- Artificially low prices have forced some mines out of business which may lead to a supply crunch
- Smart money including JP Morgan acquiring silver
- Silver to outperform assets including gold
Wednesday, May 13, 2015
Debunking the Newest Crude Oil Price Myth / Commodities / Crude Oil
MoneyMorning.com Dr. Kent Moors writes: We've seen massive shifts in crude oil prices in recent weeks.
Of course, this has brought back some rather specious arguments by talking heads on TV and pundits spinning the next Armageddon scenario.
The latest is about how rising oil prices will prompt more volume to come online from a particular type of well (called DUCs), sending oil into another tailspin.
Read full article... Read full article...
Wednesday, May 13, 2015
Saudi Arabia Continues To Turn Screws On U.S. Oil Shale / Commodities / Crude Oil
Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers.According to OPEC's latest monthly oil report, Saudi Arabia boosted its oil output to 10.31 million barrels per day in April, a slight increase over the previous month's total of 10.29 million barrels. That was enough for the de facto OPEC leader to claim its highest oil production level in more than three decades.
Read full article... Read full article...
Wednesday, May 13, 2015
The Real Key to This Week’s Crude Oil Price Uncertainty / Commodities / Crude Oil
MoneyMorning.com Dr. Kent Moors writes: Quick update on oil, because it’s been quite the week already…
This morning West Texas Intermediate (WTI), the benchmark crude oil futures rate in New York, rose over $1 a barrel in less than three hours. Meanwhile in London, Brent (the more widely used international dated benchmark) has increased even faster – over $1.50 during the same period. Here’s where we stand as I write this:
Read full article... Read full article...
Tuesday, May 12, 2015
Gold Price 3 Primary Scenarios / Commodities / Gold and Silver 2015
There are many more details and indicators that inform well balanced ongoing analysis, but the three scenarios below are the general options before us. Excerpted from this week’s edition of Notes From the Rabbit Hole, NFTRH 342:
Read full article... Read full article...
Tuesday, May 12, 2015
What's Next for the Gold Price? / Commodities / Gold and Silver 2015
Will gold zoom higher with Greece on the brink of default? Or will it crash as the Fed pursues an "exit?" Why has gold not rallied with the recent retreat of the dollar? To understand where gold may be heading, keep in mind that this shiny metal isn't changing; it's the world around it that is. We contemplate why investors may want to hold gold as part of their portfolio.
Read full article... Read full article...
Monday, May 11, 2015
Buy Silver or You Will Die! / Commodities / Gold and Silver 2015
It’s the news everyone dreads—a call from the hospital. And it’s about one of the most important people in the world…
Your mother.
[Every ALL-CAPS ITEM below contains silver or is required in its use.]
You hear the nurse talking urgently through your TELEPHONE and you realize it’s serious…
Read full article... Read full article...
Monday, May 11, 2015
Gold Prices In 2020? Debt Drives Gold and Stocks / Commodities / Gold and Silver 2015
US National Debt: We know the progression of debt – it increases, or it increases rapidly. Since 1913 the official US national debt has increased about 9% per year – every year. Has the economy increased 9% per year? Of course not! And that is why, in truly simple terms, prices rise. The same is largely true in the UK, Europe, and Japan. It is the same old story throughout the history of other fiat currency experiments.
Prices rise for consumer goods and for gold, stocks, and almost everything else (gasoline no longer costs 15 cents nor coffee 5 cents per cup).
Read full article... Read full article...
Monday, May 11, 2015
Is Crude Oil Price Rally Over? / Commodities / Crude Oil
Trading position (short-term; our opinion): Short positions with a stop-loss order at $65.23 are justified from the risk/reward perspective.
On Friday, crude oil moved lower after the market’s open weakened by a stronger U.S. dollar. Despite this move, the commodity reversed and rebounded in the following hours, gaining 0.85% and closing the day above $59, but did this upswing change anything?
Read full article... Read full article...
Monday, May 11, 2015
Gold Trading Week Ahead - 11 May 2015 / Commodities / Gold and Silver 2015
After a big week last week with the UK election and US non-farm payroll data released, this week also has a number of key events and releases that will influence the direction of gold, particularly mid-week.Read full article... Read full article...
Monday, May 11, 2015
Gold Price Nearing An Important Pivot Point / Commodities / Gold and Silver 2015
In this article, we show gold’s developing story in 7 amazing charts. As usual, we look at gold from different angles. If anything, it becomes clear that the precious metals market is nearing a pivot point. We cannot be sure in which direction this will resolve, we can only keep on monitoring the developments in the weeks and months ahead until we see a trend. Based on our analysis, we are quite convinced that a new trend in precious metals will arise in the next few months.
Read full article... Read full article...
Sunday, May 10, 2015
Gold Price Remains Range-Bound Creating A Perfect Opportunity For Scalping / Commodities / Gold and Silver 2015
Nicholas Kitonyi writes: Over the last two months, the price of gold appears to have taken a sideways movement as it oscillated within the $1,175 and $1,220 price levels.
This is contrary to the movement witnessed from January to late March, when the price of the yellow metal recorded massive rallies and declines, at some point rising from about $1,165 an ounce to above the $1,300 level, before falling again to well below $1,150. There have been reports suggesting that gold could touch $1,300 again by May this year, but based on the current trend, that does not seem like it is going to happen any time soon.
Sunday, May 10, 2015
Gold Price Target / Commodities / Gold and Silver 2015
A first time for everything. This week was the first time I ever went to basically cash before the jobs report was released. It’s still too early to know yet if this was a right or wrong decision depending on what the stock markets do next week. I thought I’d give it a shot as these job reports always seem to catch you leaning the wrong way especially in a sideways trading range. Today was no exception. Many times a big rally on a Friday will lead to some follow through on Monday and then we get turn around Tuesday. At any rate we have a lot of cash on the sidelines that can be put to work when the time is right.
Read full article... Read full article...
Sunday, May 10, 2015
Crude Oil Price Turn Coming? / Commodities / Crude Oil
Crude has had a very nice recovery off its recent low set in mid-March with a steady climb of nearly $20 since that time. The push through the declining 50 day moving average was the first real clue that the complexion of this market had changed in late March with the deciding factor being the second thrust back up through it once more in early April. That cemented the low near $43 as a solid bottom in the market.
Read full article... Read full article...
Saturday, May 09, 2015
Gold And Silver China’s Pivotal Role: More Questions Than Answers. Not So For Charts / Commodities / Gold and Silver 2015
The belligerent United States continues to assert its fading but still lethal destruction around the globe. Just one guess who is behind the Saudi invasion of defenseless Yemen, covered here previously, [See What Moved Price? Ba el-Mandeb ]? The Military Industrial Complex [MIC], finds it financially rewarding to sell all the military might necessary to wage war of any kind, anywhere around the world. After all, when the primary country you occupy has over 6,000 retail stores closing, domestic business is not doing very well, so the federal government needs income from somewhere.
Read full article... Read full article...
Friday, May 08, 2015
Gold Stocks Recovering / Commodities / Gold and Silver Stocks 2015
Gold stocks’ reign as the most despised sector in all the stock markets remains unchallenged. They’ve even been abandoned by contrarians. But such universal antipathy and apathy is the breeding ground for major bottoms. And despite gold’s lackluster performance, gold stocks have actually been rallying on balance for 6 months now. Given their extreme undervaluations relative to gold, this strength is likely to persist.
Read full article... Read full article...
Friday, May 08, 2015
Gold and Silver Management of Perception - The Upside of Manipulation / Commodities / Gold and Silver 2015
You don’t need to know about the macro-financial machinations. It’s connected to the money - but it’s the other way around.
It’s connected to fragility and overextension. The debt is all a reflection of the war on real money and wealth - by proxy the soul. The events we see unfolding, such as the coming wars and the crashes, will not ultimately be the cause because they’ve been the effect.
Read full article... Read full article...