Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.
Monday, April 28, 2014
Gold and The Ukraine Crisis / Commodities / Gold and Silver 2014
By: Clive_Maund
In this article we are going to look at what is going on in the Ukraine, because it has major implications well beyond its borders, and could have a significant impact on the price of gold and silver. We will examine this situation in a calm, detached and objective manner, as if we were visitors from another planet with no bias or stake in any outcome.
The Ukraine is clearly is great geopolitical importance, otherwise the US would not be taking such an active interest in what is going there. In order to assess how the Ukraine arrived at its present situation, and the future trends and dangers, we need to understand the motives and objectives of the protagonists - the parties who are, or who are close to fighting over it, namely the US and its allies, and Russia.
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Sunday, April 27, 2014
Gold And Silver Prospects From A Russian Point of View / Commodities / Gold and Silver 2014
By: Michael_Noonan
One of the biggest problems for the West, the US in particular, is its increasingly parochial perspective from the narrowest of lenses, fully colored by the elite's use of its main propaganda machine, the Maintstream Media. It will not work for people to expect more from their government, rather, people have to demand and expect more from themselves, for in the end, people will discover all they really had to rely upon was themselves and failed to do so.
Sunday, April 27, 2014
Gold Bounces Back Above $1,300 as Ukraine Crisis Escalates / Commodities / Gold and Silver 2014
By: Jason_Hamlin
John Kerry and other U.S. officials and once again banging the war drums. In the most recent comments, Kerry said that the United States is “ready to act against Russia.” The truth is that the U.S. has been acting against Russia for quite some time in various ways. The implication here is that the U.S. government is now ready to act militarily, however subtly it may have been stated. To get an idea of just how quickly the conflict has been escalating, here are some of the headlines from the past week alone:
Saturday, April 26, 2014
Safe Deposit Boxes Are Not Safe for Silver & Gold Buyers / Commodities / Gold and Silver 2014
By: GoldSilver
James Anderson writes: Many silver and gold buyers forget one of the main reasons to buy physical silver and gold bullion today is due to the world's current fragile financial system.
Some even make the mistake of buying physical bullion and then storing it in a Safe Deposit Box at their local bank.
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Friday, April 25, 2014
U.S. Exports A Record Amount Of Gold To Hong Kong / Commodities / Gold and Silver 2014
By: Steve_St_Angelo
The figures are out and it looks like the United States exported a record amount of gold to Hong Kong in January. Not only was this a one month record... it was a WHOPPER indeed.
Last year, the U.S. exported a total of 215 metric tons of gold bullion to Hong Kong. This was not the total amount of gold exported to Hong Kong as some smaller quantities of Dore' and precipitates made their way into the country as well.
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Friday, April 25, 2014
Gold Futures Selloff Wanes, Short Squeeze Coming? / Commodities / Gold and Silver 2014
By: Zeal_LLC
Gold’s sharp selloffs since mid-March have been mostly driven by American futures speculators’ heavy selling. These traders dramatically slashed their long bets on gold while ramping up their shorts. The resulting deluge of supply flooded the market and temporarily overwhelmed demand. But intense bouts of gold-futures selling quickly burn themselves out, and today’s is waning. Thus gold’s upleg is due to resume.
While many stock traders view the gold market through the lens of the mighty GLD SPDR Gold Shares ETF, it is still gold-futures trading that usually dominates price action. While GLD certainly can move the gold price on trading days with particularly large builds or draws from differential GLD-share buying or selling, these are fairly rare. The vast majority of the time gold and therefore GLD are driven by futures.
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Friday, April 25, 2014
How Oversold Can Gold Price Get? / Commodities / Gold and Silver 2014
By: Alasdair_Macleod
Gold is now extremely oversold, with emotional opinion in paper markets unanimously bearish. Traders tell us the 200-day moving average is well and truly broken and the next support level is $1260. However, when gold broke down through the $1280 level yesterday it rallied sharply to test the $1300 level in a one-day spike reversal.
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Friday, April 25, 2014
Gold and Silver Prices - Filtering Out the Noise / Commodities / Gold and Silver 2014
By: Dr_Jeff_Lewis
Silver and gold price sentiment is an unmentionable reflection of the desires of central banking, backed by a currency enforced by decree. Real price discovery is the forbidden yet beating heart of darkness - where few are willing to travel.A million barriers are self-constructed to protect the sinister truth. And a million barriers rise up to justify price action, whether up or down.
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Thursday, April 24, 2014
This is the Next “Big Thing” in Energy / Commodities / Energy Resources
By: Money_Morning
Dr. Kent Moors writes: Storage has long been one of energy’s biggest “Holy Grails.” It holds the key to every significant move into smart grids.
The reason is pretty simple: If energy cannot be stored, it is lost. Even transferring it from one type of energy to another is of little consequence unless you can reverse the erosion in the entire system.
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Thursday, April 24, 2014
Gas Prices Are Heading Up and the Sector That Will Benefit / Commodities / Gas - Petrol
By: Money_Morning
Dr. Kent Moors writes: The price of gasoline in the U.S. is on the rise again.
Futures prices for RBOB ("Reformulated Blendstock for Oxygenate Blending"), the NYMEX futures contract for gasoline, are up over 11% for the year, and a full 6.6% of that increase has come in the past month.
In fact, gas is up 2.4% over the past week alone. Today, the average retail price is 4 cents higher per gallon than a year ago.
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Thursday, April 24, 2014
Slippery Oil Prices Keep Traders on their Feet / Commodities / Crude Oil
By: Submissions
Crude oil price slipped on Wednesday and came very close to reaching a two-week low after weak Chinese manufacturing data. The WTI futures contract for May sustained a loss of $2.24 per barrel after it expired on Tuesday April 22 at $102.13 from an opening price of $104.36. Brent for June was also trading low on Wednesday after it already lost 47 cents during the previous day. But the markets remain volatile as the Ukraine-Russia political tensions might cause a price rally any day.
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Thursday, April 24, 2014
Gold Prepared for the Attack of the Short Sellers / Commodities / Gold and Silver 2014
By: The_Gold_Report
Despite the ongoing attack of the short-sellers, the fundamentals of gold and silver production are increasingly robust. ROTH Capital's Joe Reagor tells The Gold Report why he believes the price of gold is steaming toward $1,500/oz, with silver prices following in the wake. Reagor highlights several junior precious metals miners in a market that is out to prove the bears
The Gold Report: Let's talk about the growth and stability of gold and silver sales in Q2/14. What catalysts are on the horizon?
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Thursday, April 24, 2014
Gold and Silver Stocks Begin Oversold Bounce / Commodities / Gold and Silver Stocks 2014
By: Jordan_Roy_Byrne
The bottoming process for gold and silver shares has been arduous as they’ve oscillated back and forth for almost a year. We noted a month ago that the failed breakout in March was strong evidence that an interim top was in place. Heading into this week it looked like the miners would fall further before finding support. However, over the past two days the sector clearly reversed its short-term course. For now this appears to be a rebound from an oversold bounce.
Wednesday, April 23, 2014
Gold and Miners Outperform Once Again / Commodities / Gold and Silver Stocks 2014
By: P_Radomski_CFA
Briefly: In our opinion no speculative positions are justified from the risk/reward perspective.
Yesterday’s price action in the precious metals market might seem perplexing to some investors and there’s good reason for it. Gold declined, but silver didn’t, and mining stocks actually managed to rally more than 1%. Let’s take a closer look (charts courtesy of http://stockcharts.com).
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Tuesday, April 22, 2014
Why Gasoline Prices are Surging Again / Commodities / Gas - Petrol
By: Money_Morning
Dr. Kent Moors writes: The price of gasoline in the U.S. is on the rise again.
Futures prices for RBOB (“Reformulated Blendstock for Oxygenate Blending”), the NYMEX futures contract for gasoline, are up over 11% for the year and a full 6.6% of that increase has come in the past month.
In fact, gas is up 2.4% over the past week alone. Today, the average retail price is 4 cents higher per gallon than a year ago.
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Tuesday, April 22, 2014
Bitcoin Implications of Lack of Price Action / Commodities / Bitcoin
By: Mike_McAra
In short: we support short speculative positions in the Bitcoin market at the moment.
Reuters posted an article supposedly giving some insight into how things had worked (or not worked) at Mt. Gox and providing us with Mark Karpeles’ (the CEO of the exchange) profile. We read:
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Tuesday, April 22, 2014
Why Energy is Catching the Stock Market's Eye / Commodities / Energy Resources
By: Frank_Holmes
Over the last month the energy sector has outperformed the market, and as you can see in the chart below, has done so by 6.5 percent. Year-to-date the sector is beating the S&P 500 Index by over 3 percent.
In a spectacularly performing market during 2013, energy lacked some of the incredible performance seen throughout the other sectors, but recently it has turned up, catching the attention of the market yet again.
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Monday, April 21, 2014
The Dark Side Of The Silver Mining Industry / Commodities / Gold and Silver Stocks 2014
By: Steve_St_Angelo
There is an insidious Dark Side to the silver mining industry that goes unnoticed by the majority of investors and analysts. Actually, I haven't come across one mining analyst who puts out comprehensive data on this very subject for the silver mining industry.
According to my figures for 2013, the top primary silver miners suffered the lowest average silver yield ever. That's correct... another year of declining ore grades and yields.
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Monday, April 21, 2014
Strong U.S. Dollar Rally Could Pull Rug From Under Gold and Silver / Commodities / Gold and Silver 2014
By: Clive_Maund
In the context of the magnitude of the rally from the December lows that preceded it, gold's reaction from its March highs, see 1-year chart below, seems like a reasonable correction, although there have been some factors indicating that this is not a normal healthy reaction, such as the high downside volume, particularly in stocks.
Monday, April 21, 2014
Silver Feeble Rally Fails to Hold Breakout, Falling Back Towards Support / Commodities / Gold and Silver 2014
By: Clive_Maund
Silver's recent rally was feeble compared to gold's, and the retreat that followed has already erased all of the gains made, and already brought it back close to key support at its June and December lows, as we can see on its 1-year chart below. This much lower high and recent preponderance of downside volume are negatives that portend a severe test of this support and its possible failure soon. However it should be noted here that failure of this support won't necessarily lead to a severe decline, as it may be that silver simply wants to gravitate towards its long-term uptrend line, which we can see on the long-term chart further down the page, which is now not all that far beneath the support.