Commodities Analysis & Opinion

Stocks are seeing great strength now after the Fed meeting and decision to keep rates on hold, as expected.There is just no reason to hike rates until after the elections, meaning December is the...

iShares Silver (NYSE:SLV) – on buy signal. Silver is on a major buy signal. Speculation remains near all time high. Summary Silver is on a major buy signal. Short term is on buy signal. As...

After rocketing higher mid-year, silver has spent most of the third quarter drifting sideways to lower. This has naturally weighed on sentiment, with investors and speculators alike growing more...

The trading month doesn’t always end on a Friday but when it does we like to take a look at the monthly charts. Generally, I prefer daily and weekly charts because they have more data points....

On Wednesday, crude oil gained 5.33% as a combination of another drop in crude oil inventories and unexpected OPEC deal supported the price of the commodity. In this environment, light crude bounced...

Crude Oil is often the focus of daily price moves in the stock market. This past week has been no exception as the OPEC meeting has brought Crude Oil to the forefront again. But being part of the news...

The bullish trend for copper that I signaled in a post earlier in the month, now appears to have come to a halt, with the red metal running into some stiff price resistance in the $2.2050 lbs region...

Back in 2010 it seemed like there was not enough oil to go around. Political and military conflicts in places such as Libya and Iraq were creating supply constraints for oil in the middle east. Many...

A Companion Update to this Year’s “In Gold We Trust” ReportOur good friends Ronnie Stoeferle and Mark Valek of Incrementum AG have just published a new chart book, which recaps and...

Lead prices on the London Metal Exchange rose above $2,000 per metric ton, for the first time in 17 months. Just this week, the metal is up near 7% in only four days.At a face value, a combination of...

Oil climbed 7% from yesterday’s low to high in reaction to the OPEC cutback news.More importantly, perhaps, the overnight price action has been well-behaved, near the $47 area. This suggests...

November crude oil saw some follow through to the upside on Thursday, September 29, 2016. It traded past trendline resistance (48.04), reaching a high of 48.32 and then retreating below the trendline...

Crude Oil: Short term Elliott wave count suggests that pullback to 42.55 at 9/20 ended wave X. The rally from there is unfolding as a zigzag where wave (a) ended at 46.52, and wave (b) ended at 44.2....