Commodities Analysis & Opinion

A sharp reversal down on gold from 1270 looks like a temporary bearish move. From an Elliott Wave perspective we see it as wave C) that is part of a triangle which is now making a subwave D) after...

The recent steel rally seen in China is triggering some warning signs. Fitch Ratings recently announced prices for the metal increased, in part, due to rising speculation about an inevitable...

As I noted in my mid-week update on the metals and miners, the toughest part of a new major trend, from an Elliott Wave perspective, is determining where waves i and ii reside, as the targets for...

June crude oil declined Monday, April 25 in choppy trade getting down to 42.58 just above support at 42.48 (8 DMA). It settled near the lows at 42.64 before bouncing in the after settlement trading...

Silver continues to trade DIFFERENTLY, in a positive manner that it has not done in YEARS. The potential for the silver price to explode in the very near future is all there. The shares continue to...

As we all know………. ……..and after yesterday's inventory report………..

Heading into Tuesday's session, oil was trading about 3% beneath its April high. But more importantly, it remains above both its flattening 200-Day EMA -- now at $41.85 -- and its rising 50-Day EMA at...

I want to begin with a quote from a recent Cornerstone Macro report that succinctly summarizes the research firm’s view on growth prospects in emerging markets and China specifically. Emphasis...

Balancing ActOil prices are trying to stabilize as traders and oil companies try to predict when oil production will find equilibrium with demand. Here there is a wide degree of different thinking on...

Grains Trading in Frenzy ModeAfter the funds puked out of their heavy short positions in the US dollar versus the Brazilian real, weather patterns in the US and South America are having the grains...

Gold: The commodity continues to face downside pressure on correction. It was seen reversing its Monday gain at the time of this analysis. On the downside, support comes in at the 1,220.00 level where...

Silver Price Analysis 2016:During the previous silver bull market, interest rates and silver moved in the same direction. This makes sense, given the fact that silver and interest rates move together...

Today, mining analyst Stephan Bogner from Rockstone Research published an initiating coverage on Umbral Energy Corp. (CSE: UMB) as the company announced earlier today its plans to start exploring its...

The Prices of Gold and Silver Drift ApartAnother interesting week, in that the price of silver separated from the price of gold. The former went nowhere, while the latter gained over 4.5%. We get the...