Archive for Commodities & Metals – Page 2

The One Indicator OPEC Must Watch

By OilPrice.com “We will not let go of our current approach until we reach a balanced market,” Saudi oil minister Khalid al-Falih said Monday at a news conference in Riyadh. OPEC ended months of speculation last week when it decided to extend its production cuts through the end of 2018, easing concerns that the limits would be lifted […]

Will 2+2=8 For Columbus Gold?

By The Gold Report Source: Bob Moriarty for Streetwise Reports   12/05/2017 Bob Moriarty of 321 Gold discusses why he believes a spinout could be a win for investors. Eastside Project Map, Nevada I wrote recently about Columbus Gold Corp. (CGT:TSX; CBGDF:OTCQX) in October. The company owns 45% of a gold project in French Guiana with […]

GOLD Retest of Cont. SHS Bearish Pattern is Possible

By Admiral Markets Gold might be going through a revaluation phase, where Cryptocurrencies like Bitcoin are now rivaling it as the preferred risk-off asset or when such inflation risks persist. This crypto hype has potentially weakened some demand for Gold. Furthermore, there is the possibility that the US Fed may hike rates three times over […]

Jack Chan’s Weekly Precious Metals Report Also Charts Big Moves for Gold Major

By The Gold Report Source: Jack Chan for Streetwise Reports   12/04/2017 Technical analyst Jack Chan charts the latest moves in the gold and silver markets, as well as the one-day fluctuations of a gold major. Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last for […]

Another Uranium Company to Slash Production in 2018

The Energy Report Source: Streetwise Reports   12/05/2017 A BMO Capital Markets report describes the implications of this cutback in production for the uranium market. In a Dec. 4 research note, BMO analysts Alexander Pearce and Edward Sterck reported that beginning in January 2018, Kazatomprom plans to reduce uranium production by 20% over the next three […]

Explorer to Drill Flagship Copper Project with ‘Blockbuster Discovery Hole’

The Energy Report Source: Peter Epstein for Streetwise Reports   12/01/2017 Peter Epstein, founder of Epstein Research, evaluates Centenera Mining Corp’s Esperanza copper-gold porphyry project. Centenera Mining Corp. (CT:TSX.V; CTMIF:OTCQX) is a 100% Argentina-focused junior mining company with attractive assets spanning copper (Cu), gold (Au) & lithium (Li), and a cheap valuation. The most important asset […]

EXXON Mobile/BRENT: Technical Analysis – A correction is possible in oil market

By IFCMarkets A correction is possible in oil market In this review, we suggest considering the personal composite instrument (PCI) “Exxon Mobil Stocks versus BRENT Oil”. It reflects the price change dynamics of the stocks of American Exxon Mobil Corporation against the Brent oil deliverable futures. Will the XOM_Brent quotes increase? This may happen in […]

The True Meaning of Bitcoin’s ‘Success’

By The Gold Report Source: Michael Ballanger for Streetwise Reports   12/01/2017 Precious metals expert Michael Ballanger discusses Bitcoin, currency devaluation, and gold and silver. In the year 301 AD, the Roman unit of barter was the denarius, which had originally been 95% pure silver when introduced by Augustus at the end of the first century […]

Silver and Gold Bottom Soon

By The Gold Report Source: Bob Moriarty for Streetwise Reports   12/01/2017 Gold and silver are on track to hit a yearly low this December, as they have for the past five years, says Bob Moriarty of 321 Gold, who explains his reasoning and why he welcomes these moves. Silver and gold have hit a new […]

Oil Will Be Led By Politics

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The OPEC’s November decision on the extension of the agreement, which establishes strict borders and limits for the oil extracting countries, was quite logical. The agreement has been extended at least until the end of 2018. So, the main question for the nearest future is how the OPEC is […]

WTI Crude Oil Speculators bullish bets rebounded this week to new record

By CountingPips.com – Receive our weekly COT Reports by Email WTI Crude Oil Non-Commercial Speculator Positions: Large energy speculators boosted their bullish net positions to a new record high in the WTI Crude Oil futures markets this week following a down week last week, according to the latest Commitment of Traders (COT) data released by […]

Gold Speculators sharply boosted their bullish bets this week

By CountingPips.com – Receive our weekly COT Reports by Email Gold Non-Commercial Speculator Positions: Large metals speculators advanced 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 Gold futures, […]

Silver Speculators dropped their bullish net positions 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 raised bullish net positions for 2nd week

By CountingPips.com – Receive our weekly COT Reports by Email Copper Non-Commercial Speculator Positions: Large speculators advanced their net positions in the Copper 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 Copper futures, traded by […]

Oil yawns on OPEC extension, Bitcoin volatile

Article by ForexTime Investors who were banking on OPEC to enforce some “extraordinary measures” to rebalance markets were left empty-handed on Thursday, after the cartel simply agreed on extending oil output cuts until the end of 2018. Although short-term oil bulls were offered a slight boost following OPEC’s decision to extend production cuts by nine […]

Battery Production More than a Tesla Nightmare

The Energy Report Source: Ron Struthers for Streetwise Reports   11/28/2017 Battery metals are in short supply as companies race to build EVs and energy storage system, says Ron Struthers of Struthers Resource Stock Report. He surveys the field and profiles one company he believes could be a new LIB anode supplier. Increasing lithium battery production […]