Commodities Analysis & Opinion

Last weekend (Mar. 11), I noted that VanEck Vectors Gold Miners (NYSE:GDX) needed to stay over 21.60 on Monday and complete 5 waves up to give us a bullish set-up going into the Fed announcement. On...

The Department of Energy's Energy Information Administration (EIA) monthly data on volume sales is several weeks old when it released. The latest numbers, through mid-January, are now available....

Over the past week, WTI oil has become entrenched in the 48-49 USD/barrel range. Diesel in CAD/L was trading at an attractive technical level with regard to the 200-day average. According to Saudi...

Gold looks technically superb, and the fundamentals look even better.Inflation is rising in China and the West, the dollar looks shaky against key fiat competitors, and a reversal in American money...

Crude oil's yearly cycle low is due this spring, probably in April or early May. Odds are high that oil will drop to below $42 a barrel.

Last week was dominated by the Fed, but we also saw the initial budget proposal by President Trump. What does it mean for the gold market?The recent days were full of important events. Besides the Fed...

Promises PromisesOil prices sold off yesterday as the Libyan government says they will re-open closed oil ports after fighting stopped Libyan crude exports for the last two weeks. Yet one cannot count...

After a nice home run last Wednesday when Gold in USD surged as expected and easily broke the 38.2% fibonacci retracement ( +/- 1221.20) on the Daily chart (1), price is now stuck (2) between a higher...

Gold next support (quite far away for leveraged trading) at 1.200 Original post

NG has to face resistance from both last week’s high and also first Fibonacci level Original post

Natural gas futures price has made a successful entry in the breakout zone which I defined in my last analysis “Natural Gas: A Decisive Move Towards The Breakout Zone”. On analysis of the...

For an industry that has for decades been criticized by environmental groups as the root of all evil it is ironic that oil and gas producers are aligned in championing carbon capture with such...

In recent weeks, I laid out the case for a bottoming in cocoa prices and a related bottoming in the iPath Bloomberg Cocoa Subindex Total Return Exp 24 June 2038 (NYSE:NIB). Specifically see...

The more an invalid piece of information is quoted as if it were true, the closer it will come to being widely viewed as correct. Here are four examples that spring to mind:1) The claim that there is...