Commodities Analysis & Opinion

Crude oil prices are trying to determine whether they should focus on historic compliance to a OPEC/non-OPEC cut or signs that shale producers may start to make a comeback. Despite comments over the...

Silver recovered up to 78.6% of a previous fall from 17.33, but we see bounce in three waves so it's probably a corrective wave B) that belongs to an ongoing corrective decline lower into wave two....

The OPEC and non-OPEC oil production cuts are actually a joke in the bigger scheme of things, the oil markets have been over supplied for a decade. The market's self serving definition of a balanced...

WTI Crude first resistance at 5340/50 is key to direction and shorts need stops above 5370. Be ready to buy a break above 5370 to target 5388/90 then strong resistance at 5430/40. Try shorts with...

Gold above 1209/10 this morning to target strong resistance at 1218/19. HOWEVER be ready to buy a break above 1220 for some profit taking at the next targets of 1228/29 and 1232/33. Failure to beat...

From the final week of 2016 through the first three of 2017, gold has strung together four consecutive winning weeks, the three for this year as charted in the above newly attached panel to the Gold...

GLD (NYSE:GLD) – on buy signal. SLV (NYSE:SLV)– on buy signal. GDX (NYSE:GDX) – on buy signal. XGD.TO (TO:XGD) – on buy signal. CEF (NYSE:CEF) – on buy signal. Gold...

Gold has rebounded sharply higher in the past month, taking the early lead as 2017’s best-performing asset class. Normally such a big gold surge would require heavy gold-futures buying by...

Silver Non-Commercial Positions: Large speculators and traders increased their net positions in the silver futures markets last week to the highest level since October, according to the latest...

WTI Crude Oil Non-Commercial Positions: Large speculators and traders sharply increased their net positions in the WTI crude oil futures markets last week following two weeks of modest declines,...

Copper Non-Commercial Positions: Large speculators and traders slightly decreased their net positions in the copper futures markets last week, according to the latest Commitment of Traders (COT) data...

Gold Non-Commercial Positions: Large speculators and traders renewed their recent bearishness in the gold futures markets last week, according to the latest Commitment of Traders (COT) data released...

At the opening of today's trading session UK Brent was corrected to the area of 55.00. According to data released yesterday by the Energy Information Administration (EIA), crude oil inventories...

Gold to Regain Its GleamOne question that gold investors are asking now is, will 2017 be as spectacular for the yellow metal as it was in 2016? The short and sweet answer to this is YES. The dollar,...