Commodities Analysis & Opinion

Since last week, I warned gold bears that gold was about to make a strong rally towards at least $1,330-40. Yesterday we saw gold price break above $1,350, but the most important is the structure of...

Gold has a rough general tendency to decline ahead of the monthly US jobs report, gyrate wildly when the report is released, and then rally modestly higher for another one to three weeks. The cycle...

October Crude Oil spiked higher to 46.53 during the Labor Day holiday as Russia and Saudi Arabia announced they were going to meet and discuss stabilizing the crude oil market. The meeting was a dud...

Both gold and silver are on the move higher today, with some tailwinds from a considerably weaker USD, precipitated mainly by weaker than expected ECO Data from the ISM Non-Manufacturing Data, on the...

North of the equator, we've but 19 days left of summer, the year speeding past: 'tis already September! And, oh, what a year for the precious metals' performances which -- as measured over the past...

We are back to ride the bulls as planned in our Aug 4th article, as a reversal candle, a hammer, closed on last week’s Thursday. The dismal NFP figure and failed expectation of the US...

Time to revisit the “play toy of the funds”, aka, silver.On Thursday of this past week, silver managed to claw its way back above its downtrending 10 day moving average, a positive sign....

October Crude Oil broke down on Wednesday, August 31, as US crude oil inventories surprise with a larger than expected increase. The EIA report showed overall crude oil inventories increasing by 2.276...

Down TrendGold and silver is probably one of the most hyperactive commodity in trading, as so many traders & investors have attempted to pick "bottoms" and "tops" to make a fortune on it's fast...

Tuesday’s oil market has proven, once again, that OPEC can play the speculation game too.Last week, the price of oil was slowly climbing back up to $50 a barrel, apparently based on reports that...

Gold price has broken below the lower triangle boundary we mentioned last week and is showing weakness signs. This means that we should expect gold price to move below $1,300 and close to $1,290-80...

Measured in gold, the price of the dollar hardly budged this week. It fell less than one tenth of a milligram, from 23.29 to 23.20mg. However, in silver terms, it’s a different story. The dollar...

​​​​​​​I focus almost entirely on crude oil.It has been well documented in articles and long opined on the influence OPEC has on the price of oil. This...

Key Points: Silver is reaching the lower constraint of the ranging phase. Short-term bearish channel in place. Reversal likely at the 19.540 price. The relatively range-bound silver is nearing the...