Commodities Analysis & Opinion

Technical analyst Jack Chan examines the charts after Friday's spike in gold. Gold stocks (via HUI) remain on short-term sell signal despite the sharp spike on Friday. The U.S. dollar pulled back...

If the Comex were allowed to issue paper contracts representing no more that 10 or 20% of the actual amount of gold held by Comex vaults, what would the price of gold be?1.176 million ounces of gold...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are up four cents each from last week. According to...

When the Panama Canal expansion is finally finished this spring, the canal will have two new features:1. It will serve larger ships that can carry up to 3x as many containers2. It will serve liquified...

The article aims to provide forecasts for commodity prices (World Bank’s Pink Sheets) for June 2016. The Pink Sheet is a monthly statistical report on prices of major agricultural commodities,...

Start of an Active Hurricane SeasonAfter Tropical Storm Bonnie we have Tropical Storm Colin following in her foot steps in the Gulf of Mexico currently on course threatening the west coast of Florida...

Whilst many commodities reacted strongly to the US employment data on Friday, with a consequent surge higher on US dollar weakness, oil prices failed to follow suit. The WTI contract closed the...

Traders chasing oil's price bounce should be listening to industry leaders and the message of the market. BP (LON:BP) CEO thinks the industry needs to prepare for lower for longer. A global economy...

From timid bear to raging bull in less than a year’s time Sugar was trading close to 10 cents a pound last summer, with the world drowning in sugar, and crop prospects encouraging. Now the heavy...

Gold showed a positive crossover on ADX along with RSI stabilizing above 50.00 levels. The weekly closing was achieved above SMA20 and SMA50, which is bullish. Trading above 1219.00 is bullish, but we...

Investors are still salivating at the prospects for Tesla Motors Inc (NASDAQ:TSLA)’s electric cars – particularly the Model 3.But is all the anticipated hype really warranted? There may,...

There are two views of the markets for the monetary metals. One, as we have discussed many times in this report, holds that gold and silver will eventually go up so high that those who own the metals...

Oil is trading at the upper borders of a triangle consolidation of a higher degree. We have all the requirements for a completed triangle since we can count 5 waves in this triangle, so we see a...

Gold, Silver, Oil Weekly Analysis Gold Weekly Review During the previous week ending June 3rd 2016, instead of going short as previously forecasted, gold markets retraced massively to the upper side...