Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Thursday, September 18, 2014

Silver Buyers Keep Stacking And Demand Higher Despite Falling Prices / Commodities / Gold and Silver 2014

By: GoldCore

The silver price has remained subdued this year, falling just less than 5% year-to-date, and is now near a 14 month low. Naturally, investor psychology has been affected by the price weakness.

Quoted today in Bloomberg News, Mark O’Byrne, director of GoldCore said that “sentiment remains quite bad in the silver market.”

Thursday, September 18, 2014

Monetary Policy Weighs on Gold and Silver / Commodities / Gold and Silver 2014

By: Bob_Kirtley

Background

Gold has an inverse relationship with the US Dollar so when the dollar declines gold rises. The dollar is affected by monetary policy as decided by the various central bankers across the planet. We recently covered the effect of the European version of QE with an article entitled; ‘Why ECB QE Is Bearish For Gold Prices’ so today we will take a quick look at the ramifications for the precious metals sector emanating from the monetary policy meeting of the Federal Reserve held today.

Thursday, September 18, 2014

Gold Price Hammered by Strong U.S. Dollar / Commodities / Gold and Silver 2014

By: Clive_Maund

The Pope just observed that the situation in the world today amounts to a Third World War - he's right and although he didn't point the finger, we know what it's all about - the maintenance and imposition of the dollar as the dominant world currency, by diplomacy or by force as deemed necessary. We will come to these geopolitical considerations later as they of course have huge implications for the dollar and thus for Precious Metals.

As you probably know we had expected gold and silver to start picking up in the last update, for various reasons, the most important of which was that they are at important support at the most bullish time of year, seasonally, for the Precious Metals, but the dollar rally accelerated even more, driving gold and silver still lower and deeper into key support which is now being severely tested. If the dollar continues higher then gold and silver could crash key support, but this doesn't look likely short-term because the dollar is now critically overbought and needs to take a breather.

Thursday, September 18, 2014

It’s Not the Fed Taking Gold Down, but the Vote in Scotland / Commodities / Gold and Silver 2014

By: Michael_J_Kosares

Some of you might be wondering what happened to gold at the 4pm (MDT) open, particularly in light of the rather benign, steady-as-she-goes Fed announcement. This looks like it might have to do with the Scotland independence vote in the UK tomorrow. [One man's opinion] A late poll has the vote closing to 51% (No) – 49% (Yes). In other words a complete toss-up with the Yes vote gaining momentum going into tomorrow’s proceedings.

Wednesday, September 17, 2014

Gold Report - U.S. National Debt Surges $1 Trillion In Just 12 Months / Commodities / Gold and Silver 2014

By: GoldCore

The U.S. financial position continues to deteriorate badly and in the last 12 months has increased by over $1 trillion dollars.

Nick Laird of Sharelynx has just reproduced his fascinating and timely chart showing the US debt limit, the actual US debt and the gold price all in one chart. From 2000 until around the first quarter of 2013, there was a very strong and close correlation between the growth of the US national debt and the rise in the US dollar gold price.

Wednesday, September 17, 2014

Can Gold Price Finally Recover? / Commodities / Gold and Silver 2014

By: Clif_Droke

Gold recently fell to its lowest level in seven-and-a-half months as the dollar rose to a 14-month high. Easing tensions in Ukraine and the Middle East also acted as a drag on gold and silver prices. Investors have been asking the obvious question as to whether gold can recover from here and if a bottom of at least short-term duration is imminent?

Wednesday, September 17, 2014

The Energy Prices at Risk with Scottish Independence / Commodities / Energy Resources

By: Money_Morning

Dr. Kent Moors writes: This isn’t the first time the devolution movement has threatened to break up the United Kingdom.

Scotland and Wales were considering their independence when I was living in London and lecturing at the London School of Economics almost forty years ago.

Tuesday, September 16, 2014

U.S. Dollar and Gold Elliott Wave Projection / Commodities / Gold and Silver 2014

By: Trader_MC

Gold is now at a key juncture and it should reveal its price action structure in the coming weeks. The first chart is my main Elliott Wave count and shows a Double Three Corrective Pattern (W)-(X)-(Y) in process from the top in 2011. You can see that Gold is currently in a corrective channel and should end soon a Wave (ii) which is also composed of a Double Three Corrective Pattern. If that scenario plays out Gold should enter a Wave (iii) that should send it to around $1550 which would be the minimum target.

Tuesday, September 16, 2014

The Collapse Of U.S. Silver Stocks As Public Debt Skyrockets / Commodities / Gold and Silver Stocks 2014

By: Steve_St_Angelo

The U.S. Empire is in real trouble.  This is due to its idiotic business model of selling quality assets while acquiring massive liabilities and debts.  Of course, the U.S. Government realizes this is not a sustainable way to do business, but at least for now.... we continue to have our Bread & Circuses, McDonalds & NFL Football for a bit longer.

Furthermore, Americans have no clue that the role of the U.S. Dollar as the world's reserve currency continues to disintegrate each passing day as more countries elect to by-pass the Dollar and trade in other currencies... especially the Chinese Yuan.

Tuesday, September 16, 2014

Don't Miss This Gold Buying Opportunity / Commodities / Gold and Silver 2014

By: The_Gold_Report

Brien Lundin, founder of Jefferson Financial, producer of the New Orleans Investment Conference and Gold Newsletter, believes at least a small amount of the massive liquidity produced by loose monetary policy in Western economies will find its way into mining equities following a summer pullback in equity prices—but don't wait long. Lundin expects the "buying opportunity" to last for two, maybe three weeks before seasonal gold demand pushes prices higher. In this exclusive interview with The Gold Report, Lundin discusses a select group of gold and precious metals equities that he expects to perform well as near-term news reaches the market.

Monday, September 15, 2014

Why ECB QE Is Bearish For Gold Prices / Commodities / Gold and Silver 2014

By: Bob_Kirtley

The recent action by the ECB appears to have caught many gold bulls off guard. A common interpretation of the impact that a potential quantitative easing program would have on gold prices was that it would be very bullish. This argument was based on the concept that money printing is bullish for gold, and that QE1 and QE2 by the Fed triggered major rallies in the yellow metal. Whilst we do not dispute that QE1 and QE2 by the Fed were indeed bullish for gold, we strongly disagreed that the ECB would introduce a program that would spark a major rally. In fact we went further, predicting that what the ECB was going to do was in fact highly bearish for gold, and in this article we will endeavour to explain why.

Monday, September 15, 2014

Junior Miners Breaking Out Higher Forecasting Gold and Silver Price Bottom? / Commodities / Gold and Silver 2014

By: Jeb_Handwerger

Summary
  •   Despite post Labor Day sell-off in precious metals, junior miners maintain uptrend.
  •   The junior miners are usually a leading indicator. Is this outperformance forecasting an inflection point for the precious metals?
  •   Going into the overbought US equity, bond dollar and real estate market is dangerous, while precious metal stocks are trading at pennies on the dollar.
  •   Major generalist funds may soon enter the precious metals market as QE ends. A large cash position is waiting on the sidelines.
  •   US dollar rally may not last as QE expires. Inflationary pressures could pick up.

Monday, September 15, 2014

The Silver Price Sentiment Cycle / Commodities / Gold and Silver 2014

By: DeviantInvestor

The following chart shows:

Silver Prices: 1972 – 1979

•  Silver moved upward from about $1.40 in 1971, rallied to about $6.40 in March 1974, and fell to about $4.30 in August 1977.
• The March 1974 peak took about 3 years and ended about 4.55 times its starting point.
• The August 1977 low took another 3.5 years and fell about 33% from the peak price.

Monday, September 15, 2014

Why Goldman Sachs is Wrong on Gold / Commodities / Gold and Silver 2014

By: Michael_Pento

Wall Street powerhouse Goldman Sachs has recently reiterated its negative view on gold, which it has held for the past year. However, it is now doubling down on this view and advising clients to actually go short the metal. Jeff Currie, head of commodity research at Goldman noted "Our target is really driven by the view that we think that the Fed will ultimately be the dominate force here and put more downward pressure [on prices]".

Monday, September 15, 2014

Marc Faber - “I Want To Be Diversified, I Want To Own Some Gold” / Commodities / Gold and Silver 2014

By: GoldCore

Veteran investor Marc Faber, author of The Gloom, Boom and Doom Report, reiterated the need for gold in a diversified portfolio when interviewed last week on CNBC. 

Faber, a resident of Thailand, is an advocate of gold storage in Singapore, and believes that a diversified portfolio will help protect against future market corrections which he believes are on the horizon.

Monday, September 15, 2014

Will The Swiss Vote to Get Their Gold Back? / Commodities / Gold and Silver 2014

By: Dr_Ron_Paul

On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank (SNB) from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the SNB's assets. Arising from popular sentiment similar to movements in the United States, Germany, and the Netherlands, this referendum is an attempt to bring more oversight and accountability to the SNB, Switzerland's central bank.

Monday, September 15, 2014

Analysis And Price Projection Of The Uranium Market / Commodities / Uranium

By: Submissions

Dr. Volkmar Hable writes: I travel a lot for the purpose of identifying new investment opportunities. In that process earlier this year I was offered by the governments of two countries Uranium exploration concessions of outstanding quality and location, and was told that no one would be interested in Uranium in these days.  This caught my attention and we started to investigate.  And sure enough, as a matter of fact, in these days it seems to be extremely easy to pick up Uranium concessions anywhere between Greenland and South-Africa.

Sunday, September 14, 2014

Two Strikes Against Light Crude Oil Prices / Commodities / Crude Oil

By: Donald_W_Dony

Following the August 26, 2014 Market Minute titled "WTIC prices break down", Light crude oil prices has fallen 5.9% since late August.

Abundant supply from the U.S. and the Middle East plus a rising U.S. dollar has sent oil prices down to the first support level at $92.

Friday, September 12, 2014

Last Stand Approaching for Gold / Commodities / Gold and Silver 2014

By: Sy_Harding

Gold ended its 10-year bull market in 2011 when it topped out at $1,900 an ounce. It was a spectacular run from $250 an ounce in 2001.

Since then it rallied back several times only to have those rallies fail at lower highs.

Its most recent rally attempt, beginning in January, looked to have a better chance of succeeding. On the technical side, gold was oversold beneath its important 30-week m.a. again, and it was rising from a frequently bullish double-bottom formation.

Friday, September 12, 2014

Is Geothermal Power About to Become The Next Great Battleground Over Fracking? / Commodities / Renewable Energy

By: Money_Morning

Dr. Kent Moors writes: Of all the renewable energy sources, geothermal power remains by far the smallest.

But that may not prevent it from becoming the next energy “hot potato.”

A good example of its potential can be found in Iceland, where the entire country runs on geothermal power. Of course, it does help to have a string of active volcanoes to tap.