Commodities Analysis & Opinion

Gold and Silver are attempting to put in corrective lows, with Gold preserving its June 28 prior important (post-Brexit) low at $1305.36.That said, to get any upside traction and to trigger new buy...

As gold reaches for higher prices and gains more attention, the propagandists are flooding the news outlets with articles on the virtues of investing in the stock market and the evils of precious...

Gold bulls are starting to fight back as we become oversold. The high for the last 4 days has been 1334/36 so this is the most important resistance of the day. Shorts need stops above 1340. A break...

September crude oil grinded lower on Thursday, July 21, 2016 making a new low for the week at 44.52 but it was unable to get below the 44.42 low established on July 11th. Crude oil is still in its 2...

It certainly was nice to get a down day for a change. I wanted to share three charts and a remark about each one. These are all short-term candlestick charts.The first is the ES, which has been in a...

The signals from gold vs. other assets and markets have become so important to financial markets over the last year (hello Macrocosm, July 27 2015) that I have created a standard segment in called...

Doc copper is often viewed as a leading indicator for global growth.The 200-day moving average is often viewed as the line in the sand to determine if an asset is in an up or down trend. So the...

The Helicopter Has LandedWhat do you mean no helicopter money? I had my bucket ready to go! Oil prices gave up some oil inventory-inspired gains after Japan said there is no chance Japan will resort...

Gold continued moving lower towards its support of $1,310-$1,300 yesterday after breaking below the triangle pattern we noted 2 days back. The trend remains bearish. A short-term reversal signal will...

Key Points: Crude Oil inventories decline but Gasoline glut evident. Gasoline inventory space under pressure forcing some Diesel supplies afloat. WTI outlook remains bearish in the medium term. The...

As the metals market dropped today, I am quite certain the evil manipulators have become the talk of the town once again. No one speaks of them when we are rising, because that is how the market is...

U.S. steel prices have had a spectacular run this year. Three main developments caused the price rally: U.S. trade cases which produced a decline in U.S. imports China’s commitments this year to...

Silver markets fell initially during the day on Wednesday, testing the $19.50 level. Ultimately, we still feel that this is a market that is going to attract buyers, and quite frankly we have been...

Both gold and silver broke key, prior corrective lows Wednesday, but neither followed through to the downside with the ferocity we have come to appreciate when the precious metals roll over into a...