Commodities Analysis & Opinion

Crude has to react from Friday’s closing, with a major sell signal loomingOriginal post

Gold longs are still problematic, but a retest of the trading channel will be an interesting reentry levelOriginal post

Gold is extending the bounce from the $1241.20 low of 7 October, with focus now on the $1292.25 retracement.Any break is expected to find difficulty reaching $1301.91, however, as short-term studies...

A very choppy weak for stocks as we continue to get mixed earnings which means stocks are all over the pond and giving us no trend at all.I went to cash early in the week, then tried a few small...

The gold miners’ stocks have certainly had a wild ride this year. After initially skyrocketing out of deep secular lows into a mighty new bull market, they recently suffered a massive correction...

GLD (NYSE:GLD) – on buy signal. iShares Silver (NYSE:SLV) – on sell signal. GDX (NYSE:GDX) – on buy signal. iShares S&P/TSX Global Gold (TO:XGD) – on buy...

Gold Non-Commercial Positions: Large speculators and traders increased their net positions in the gold futures markets last week following three weeks of declines, according to the latest Commitment...

If the doors of perception were cleansed everything would appear to man as it is, infinite. For man has closed himself up, till he sees all things thru chinks of his cavern. ~ William Blake2106...

New orders for manufactured durable goods decreased 0.1 percent in September. What does it imply for the gold market?On Thursday, the U.S. Department of Commerce said that new orders for durable goods...

Some economists, including San Francisco Fed President John Williams, have recently suggested raising the FOMC’s 2-percent inflation objective or implementing monetary policy through alternative...

Equity Management Academy CEO Patrick MontesDeOca recently forecast that gold may be poised to make the yearly low sometime between October 15 and November 15.On September 3, gold closed at $1,325.90,...

WTI Crude holding above 4970 meets strong resistance at 5010/20. We should struggle here again, but be careful with shorts as I think a break higher is more likely today targeting 5050/60 and perhaps...

Gold holding below important resistance at 1272/73 is negative. A break below 1264/63 adds pressure and targets 1260/59 then 1255/54, perhaps as far as 1250/49. Bulls require not only a break above...

Precious metals investors are being misled by most analysts’ price forecasts because they do not understand the critical underlying fundamental value mechanism. Furthermore, there seems to be a...