Commodities Analysis & Opinion

Crude oil tumbled on Wednesday, June 22, 2016, as the EIA report showed a smaller than expected decline in crude oil inventories. Once again, the inventory data from the EIA diverged from the API...

Examine the 30+ year graph of the gold to silver ratio – this is the Big Picture perspective.The ratio moves from low to high and back to low in long term patterns. I have shown the large scale...

The spot crude price action is playing out exactly how chart readers predicted. Spot crude topped out around the $52 per barrel level. That was a psychological resistance point because it was a...

Ability is of little account without opportunity. Napoleon Bonaparte We live in a world where the main driving force behind this illusory economic recovery is hot money and data manipulation....

Last Friday June 17 saw corn prices achieve new highs for the year at 449.0 new crop futures (Dec16). The bean market not to be undone rallied 30 cents. The main culprit for the rally was weather. Hot...

To no surprise, everything is lining up to either breakout higher or breakdown this week. I think bullish sentiment is relatively high, and the corrections into the May low's seemed inadequate....

Betting Against ItSometimes bookies come in handy. According to the bookies in London, the odds of the UK staying in the EU is over 80%. While the bets against a Brexit seem to be gaining momentum,...

Gold stocks need very specific conditions in order to perform well. The last time most of these conditions were present was during the Great Depression. However, conditions are currently shaping up to...

I think we can safely assume the Brexit vote is going to fail. This should be bullish for stocks and bearish for the dollar. A falling dollar should be good for gold. However, with stocks and oil...

Crude Oil has been moving higher all year. After confirming a bottom on the longer term basis with a double hammer, the move higher has been outstanding. But recently it has stalled. Is that the end...

Gold has been doing great recently. The precious metal rose to as high as 1316 and having in mind the rally initially began from 1046, it is no wonder last week’s pullback from 1316 to 1276 was...

Similar rectangle dimensions, possibly similar bullish outcomeOriginal post

This is a dangerous configuration for gold bulls. Original post

Gold price fell, forming a bearish candlestick after the break of 1280.00 achieved, and stability below the mentioned level considers negative. However, we will need to see a break of 1263.00 support...