Commodities Analysis & Opinion

This time, both OPEC and non-OPEC producers are well decided to sustain the recovery in oil prices. The slowdown in oil recovery and last week’s downside correction apparently displeased Saudi...

The price action was mixed this week. Those hoping for dollar declines in gold terms were disappointed. However, silver gave them a sop as the price of the buck declined by one one-hundredth of a gram...

An exciting morning as both West Texas Intermediate (WTI) and Brent Crude leapt five percent in early trade following this weekend’s signing of the OPEC/NOPEC production cuts.OPEC and Non-OPEC...

European equity markets are expected to open higher on Monday, buoyed by the news over the weekend that OPEC and non-OPEC producers have agreed to cut output by almost 1.8 million barrels per day.The...

The Fed will hike rates this week. The US dollar is strengthening. Fiscal policy is about to ignite economic growth. The ECB has reduced rate of QE purchases. It doesn’t sound like now is the...

WTI crude through 5190/5230 to confirm a bullish breakout and a big buy signal longer term. All the first targets of 5315/10, 5350, 5385/90, 5410/15 have been hit. Now we look for 5485/90, 5510/15,...

Economic theory suggests that ultimately somebody still needs to go out of business in the oil industry, and after two plus years of massive declines in prices, we seem to be right back where we...

In this video I go over recent action in uranium mining stocks suggesting they could be headed for a Stage 2 breakout. A real Stage 2 breakout would require more volume coming into these stocks over...

Again, we hark back to the great Welsh football commentator Toby Charles, who in describing match-turning chaos and then running out of superlatives, would exclaim: "Ohhh, 'tis all happening...

Gold and gold mining stocks have been very oversold but have struggled to rally. The sector looked to be starting a rebound until Friday’s decline which pushed gold to a new low. However,...

It’s always nice to have this long weekend before we make the mad dash to Christmas.With stocks generally strong into Christmas and all the cheer of the season, it’s always a busy and fun...

This Past Week In Gold GLD (NYSE:GLD) – on sell signal. SLV (NYSE:SLV) – on buy signal. GDX (NYSE:GDX) – on buy signal. XGD.TO (TO:XGD) – on buy signal. CEF (NYSE:CEF)...

Gold has suffered brutal, withering selling pressure in the month following the US presidential election. The stock markets’ surprise surge after Trump’s surprise win has led speculators...

A couple of months from now are traders going to look back and wonder how they could have ignored the bottoming signs for Gold and the Philadelphia Gold/Silver Index (XAU)?