Archive for Commodities & Metals

Crude Oil Sinks 20%: Why “Oversupply” Isn’t the Half of It

Oil prices have defied bullish efforts to curb oversupply. Here’s our take on why. By Elliott Wave International I have a friend… let’s call him Larry. Let’s just say, Larry is not a fan of taking risks. He likes his reflexes fast, his cars slow, and his financial markets secure for the long haul. So, […]

The Coming Battery Bonanza

The Energy Report Source: James Dines of The Dines Letter for Streetwise Reports   06/26/2017 James Dines, author of The Dines Letter, discusses the importance of graphite in the manufacture of lithium-ion batteries and highlights one graphite company he expects to have an edge. Lithium Batteries for Autos and Home Storage Someday, as sneaky years whisper […]

The Discoveries Keep on Coming for Quebec Gold Explorer

By The Gold Report Source: The Gold Report   06/27/2017 Balmoral Resources’ drilling keeps discovering new zones of gold mineralization at the Martiniere property in Quebec, says CEO Darin Wagner, and he expects the trend to continue with the summer drill program just getting underway. The Gold Report: Darin, it’s a pleasure to have you with […]

Myopic Metals and Miner Miasma

By The Gold Report Source: Michael J. Ballanger for The Gold Report   06/26/2017 “Generally accepted narrative” can get in the way of making investment decisions, says precious metals expert Michael Ballanger. In recent day and weeks, I have slowly moved to the starboard side of the “Vessel of Public Opinion” where most seasoned veterans (aka […]

Thank You, GDXJ: Ultimate Rebalance Victim Trade

By The Gold Report Source: Lior Gantz for The Gold Report   06/26/2017 Lior Gantz, editor of Wealth Research Group, discusses the GDXJ rebalance and its significance for one company. The research for this moment started well before last week. It goes back to May 3, when I obtained the estimated number of shares to be […]

King’s Wealth: Gold Stocks Playbook Part 2

By The Gold Report Source: Tom Beck for The Gold Report   06/25/2017 This is Part 2 of the King’s Wealth: The Complete Gold and Silver Stocks Playbook, by Tom Beck, founder of Portfolio Wealth Global, that will continue over the next seven weeks. In order to become a successful mining investor, you must understand the […]

Is There Still Hope For Higher Oil Prices?

By OilPrice.com Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared. All signs point to a period of “lower for longer” for oil prices, a refrain that is all too familiar to those in the industry. WTI dipped […]

CORN: Technical Analysis – Higher Argentine crop forecast bearish for corn prices

By IFCMarkets Higher Argentine crop forecast bearish for corn prices Corn prices decline as Argentine crop forecast is lifted. Will the price of corn continue falling? The Argentine agriculture ministry lifted its estimate for plantings of corn by 520 thousand hectares to 7.95m hectares. 2016-17 corn harvest estimate was revised up by 1.0m tons to […]

Jack Chan’s Weekly Precious Metals Update

By The Gold Report Source: Jack Chan for The Gold Report   06/24/2017 Technical analyst Jack Chan charts the latest moves in the gold and silver markets, and believes the ongoing consolidation may end soon. Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last for months […]

WTI Crude Oil Speculators sharply dropped bullish bets for 2nd week

By CountingPips.com – Receive our weekly COT Reports by Email WTI Crude Oil Non-Commercial Speculator Positions: Large speculators sharply decreased their net positions in the WTI Crude Oil futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts […]

Gold Speculators sharply reduced bullish net positions for 2nd week

By CountingPips.com – Receive our weekly COT Reports by Email Gold Non-Commercial Speculator Positions: Large speculators sharply cut back on their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of […]

Silver Speculators sharply decreased bullish positions, down for 2nd week

By CountingPips.com – Receive our weekly COT Reports by Email Silver Non-Commercial Speculator Positions: Large speculators cut back on their net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Silver futures, […]

Copper Speculators decreased bullish net positions

By CountingPips.com – Receive our weekly COT Reports by Email Copper Non-Commercial Speculator Positions: Large speculators reduced their net positions in the Copper futures markets this week following two weeks of gains, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts […]

Junior Miner Cracks a Strategic Tough Nut in British Columbia

By The Gold Report Source: The Gold Report   06/21/2017 The acquisition of the Toughnut Project in British Columbia would provide strategic access to the Silver King Shear Zone adjacent to the explorer’s existing properties. Prize Mining Corp. (PRZ:TSX.V), a junior miner that holds the Kena-Daylight project in southeastern British Columbia, just announced that it has […]

Good News Pouring In for a British Columbia Miner

By The Gold Report Source: The Gold Report   06/22/2017 Once again analysts are talking about this British Columbia mining company that just announced its first gold pour. In a June 21 press release, Pretium Resources Inc. (PVG:TSX; PVG:NYSE) announced its 100% owned Brucejack Mine had its first gold pour and “that the flotation and gravity […]

Markets lost faith in OPEC, oil falls deeper into bearish territory

Article by ForexTime The continuous fall in oil prices has driven risk-off sentiments across all asset classes. U.S. stocks closed mostly lower on Wednesday despite the unexpected rise in home resales. The U.S. Treasury yield curve flattened further to almost a decade low ignoring the Fed policymaker’s hawkish statements. Meanwhile, commodity currencies felt most of […]