Commodities Analysis & Opinion

Gold opens exactly mid-range in Asia this morning at 1250 an ounce, with key support and resistance at 1240 and 1260 respectively. Of the two, the 1240 support is looking perhaps the more vulnerable...

Technical analyst Jack Chan charts the latest moves in the gold and silver markets. Our proprietary cycle indicator is down. The gold sector is on a long-term buy signal. Long-term signals can last...

Last week, the Trump trade agenda finally took off as the Commerce Department, now officially led by billionaire Wilbur Ross, finalized new carbon and alloy steel plate anti-dumping duties and...

Oil prices have been falling since June 2014 as increasing supply of crude oil by major producers exceeded global demand for the commodity. Brent crude oil prices are down by more than 64% since June...

How do you depress the physical gold price? It’s quite easy… you throw $10 trillion paper dollars at it. Not only did global paper gold trading amount reach a new record in 2016, it...

Listening to what people responded to the past couple of years, I expect higher oil prices the next 6mos.In the oil industry, the 1Q shutdown period is well known, but not it seems by Wall Street. The...

Last week, we discussed the growing stress in the credit markets. We noted this is a reason to buy gold, and likely the reason why gold buying has ticked up since just before Christmas.Many people...

Beyond the 5-6 month Intermediate Cycle and Yearly Cycle (2-3 Intermediate Cycles), there are also longer Cycles for all assets. Gold for example has a 4 Year Cycle and the USD has a 3 Year Cycle (all...

Gold: The commodity faces downside pressure after rejecting higher prices the past week. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00...

Silver futures price seems ready to shine under the umbrella of current politico-economic upheavals causing financial imbalances in the global economy, clearly visible in the movement of dollar index....

Silver is +14.5% year-to-date by settling yesterday (Friday), as well as the week, the month, and the quarter at 18.275. Pale in comparison is gold's performance, its settle at 1251.6 marking a +8.6%...

WTI last week traded from 50.85 to 47.06 for 3.79 points. The 4 and 8 week highs traded 53.76 and 54.95 while 4 and 8 week lows traded 47.09 and 47.06.Both 4 and 8 week lows were seen within the last...

WTI Crude Oil Non-Commercial Positions: Large speculators and commodity traders decreased their net positions in the WTI crude oil futures markets last week for the fifth straight week, according to...

Gold Non-Commercial Positions: Large speculators increased their bullish net positions in the gold futures markets last week for the second consecutive week, according to the latest Commitment of...